https://knews.kathimerini.com.cy/en/comment/opinion/what-don-t-you-understand
The joint statement by APOEL, Anorthosis, Apollon, and Ethnikos regarding their debts to the state starts off, right from the first paragraph, accusing unnamed parties of populism, without ever clarifying what they mean....
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-welcomes-two-new-partners
Deloitte Cyprus is pleased to announce the growth of its leadership team with the appointment of two new partners, effective 1 June 2025....
https://knews.kathimerini.com.cy/en/news/shock-bills-football-fixes-a-u-turn-on-makarios-ave-cyprus-week-of-curveballs
From electricity bills getting a surprise bump to football clubs sliding past tax rules (again) and a Nicosia street project taking a literal U-turn, this week was full of plot twists. ...
https://knews.kathimerini.com.cy/en/news/tensions-erupt-over-abramovich-case-allegations-at-parliamentary-committee
Allegations of high-level political interference surrounding a multimillion-euro VAT debt linked to Russian billionaire Roman Abramovich escalated Thursday in Cyprus’ Parliament, with tensions erupting between lawmakers and investigative journalist Makarios Drousiotis....
https://knews.kathimerini.com.cy/en/news/more-struggling-homeowners-get-relief-under-government-s-oikia-scheme
The General Accounting Office has wrapped up the second phase of the government’s OIKIA Scheme, approving financial relief for dozens more struggling homeowners. ...
https://knews.kathimerini.com.cy/en/news/abramovich-s-€25-million-vat-written-off-after-ex-president-s-call
A growing scandal over Cyprus’ handling of VAT debts tied to Russian billionaire Roman Abramovich has taken a sharp new turn, this time with a bombshell allegation involving former President Nicos Anastasiades....
https://knews.kathimerini.com.cy/en/business/aegean-airlines-first-quarter-2025-trading-update
AEGEAN announces its key financial and operating results for the first quarter of 2025....
https://knews.kathimerini.com.cy/en/comment/opinion/cypriots-rush-to-borrow-as-rates-drop-but-are-banks-repeating-old-mistakes
As interest rates continue their downward trend, and with further cuts expected, borrowers are feeling more confident. This isn’t hearsay from bank insiders or coffee shop chatter; ...
https://knews.kathimerini.com.cy/en/news/christodoulides-pushes-bold-reform-for-better-schools-and-a-smarter-cyprus
Big promises are starting to take shape, and this time, it’s the kids who stand to benefit most....
https://knews.kathimerini.com.cy/en/business/€14-million-in-unpaid-vat-gone
Tensions ran high at the House Audit Committee on Thursday after MPs discovered that ''Blue Ocean,'' a Cyprus-based company linked to Abramovich, was dissolved in 2024 without settling a €14 million VAT bill, a debt that’s been on the books since at least 2010....
https://knews.kathimerini.com.cy/en/news/cyprus-courts-facing-backlog-of-non-performing-loan-cases
There are currently 3,000 unresolved cases involving unpaid loans piling up in Cyprus' courts. These cases are being handled by judges based on the workload of each district court....
https://knews.kathimerini.com.cy/en/business/moody-s-upgrades-bank-of-cyprus-to-a3
Moody’s Investors Service has upgraded Bank of Cyprus’ long-term deposit rating to A3 from Baa1 and revised its outlook to stable....
https://knews.kathimerini.com.cy/en/news/jumbo-eyes-larnaca-and-protaras-for-future-expansion-but-no-timeline-yet
Retail giant Jumbo has confirmed its interest in opening two new stores in Cyprus, one in Larnaca and another in Protaras, but clarified that there’s no set plan or timeframe at this stage. ...
https://knews.kathimerini.com.cy/en/news/cyprus-posts-second-highest-budget-surplus-in-the-eu-for-2024
Cyprus has posted the second-largest government surplus in the European Union for 2024, tying with Ireland and just behind Denmark, according to new data released by Eurostat on Tuesday....
https://knews.kathimerini.com.cy/en/news/vat-challenges-for-electronic-money-institutions
In the digital age, Electronic Money Institutions (EMIs) have become an integral part of the financial ecosystem, offering a range of services that facilitate digital transactions....
https://knews.kathimerini.com.cy/en/business/april-newsletter-of-k-treppides-co-ltd-–-09-04-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/business/president-unveils-brain-gain-campaign-and-silicon-valley-ties-at-economic-conference
Cyprus is aiming high with a bold economic strategy that puts young people, innovation, and foreign investment at the center of the island’s future....
https://knews.kathimerini.com.cy/en/news/cyprus-means-business-christodoulides-wraps-up-high-stakes-u-s-investment-tour
Cyprus Means Business: Christodoulides Wraps Up High-Stakes U.S. Investment Tour
Subtitle:
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https://knews.kathimerini.com.cy/en/news/cyprus-woos-wall-street-bankers-back-presidential-pitch-in-the-u-s
Cypriot bankers have expressed their satisfaction with President Christodoulides' recent visit to the United States, where he promoted Cyprus as an attractive destination for investment. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-surges-ahead-amid-global-economic-headwinds
It’s hard to overstate the progress Cyprus has made in recent years. Once overshadowed by economic turmoil, the island has emerged as a standout in the Mediterranean, blending resilience with opportunity....
https://knews.kathimerini.com.cy/en/news/one-in-three-cypriot-households-struggling-with-rising-costs
Cypriots are feeling the pinch in different ways, according to a new survey that highlights the divide in how people are coping with their household finances....
https://knews.kathimerini.com.cy/en/news/cyprus-gets-credit-rating-boost-what-it-means-for-the-economy
Cyprus received a major financial boost as credit rating agency Morningstar DBRS upgraded the country’s credit rating to A (low) from BBB (high), marking a key step in the country’s economic progress. ...
https://knews.kathimerini.com.cy/en/news/cypriot-clubs-face-transfer-bans-with-embargoes-on-apoel-anorthosis-and-omonia
In addition to these three, three other teams from the second division are facing transfer embargoes....
https://knews.kathimerini.com.cy/en/news/nicosia-mayor-sounds-alarm-over-city-s-financial-crisis
Nicosia’s mayor, Charalambos Prountzos, has raised the alarm over the capital’s financial situation, warning that without immediate state support, the municipality will struggle to meet its obligations. ...
https://knews.kathimerini.com.cy/en/news/nearly-1-in-5-households-in-cyprus-unable-to-keep-homes-warm
A recent European report has shed light on a concerning issue in Cyprus: nearly one in five households is struggling to keep their homes warm....
https://knews.kathimerini.com.cy/en/business/cyprus-economic-growth-faces-challenges-lenders-highlight-key-concerns
The Cypriot economy is showing strong signs of growth, with GDP expected to rise by over 3% and unemployment dropping below 5% in 2024. Private consumption continues to play a key role in driving this growth. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-upgraded-to-investment-grade-by-fitch
The Bank of Cyprus has just hit another major milestone—Fitch Ratings has upgraded the bank to investment grade, marking the third global rating agency to do so. ...
https://knews.kathimerini.com.cy/en/business/aegean-reports-strong-2024-results-with-record-revenue-and-passenger-growth
AEGEAN announces its operating and financial results for fiscal year 2024....
https://knews.kathimerini.com.cy/en/news/von-der-leyen-proposes-€150-billion-borrowing-plan-for-rearmament-amid-growing-security-concerns
The European Commission has proposed a bold plan to borrow up to €150 billion to lend to EU governments as part of a major rearmament effort....
https://knews.kathimerini.com.cy/en/business/cyprus-court-halts-sale-of-mortgaged-property
In a landmark ruling, the Nicosia District Court has suspended the sale of mortgaged properties, citing illegalities in mortgage agreements....
