https://knews.kathimerini.com.cy/en/news/guilfoyle-faces-lawsuit-as-trump-donor-threatens-to-release-phone-recording
Two days after the Trump administration asked Kimberly Guilfoyle to resign as U.S. ambassador to Greece over allegations that she sought help paying a $100,000 credit card bill in exchange for political access, donor Eric Deters announced a defamation lawsuit against her, and threatened to release a phone recording he claims could shake the administration....
https://knews.kathimerini.com.cy/en/news/at-the-acropolis-rubio-tells-the-west-to-stop-apologizing-and-rebuild-its-power
Standing at the Acropolis in Athens, U.S. Secretary of State Marco Rubio delivered a message aimed well beyond Greece: The West must regain its confidence, rebuild its strength, and stop feeling ashamed of its own history....
https://knews.kathimerini.com.cy/en/comment/opinion/france-welcome-to-greece-s-2010
“Good morning, France. Welcome to what Greece went through in 2010.” I have always believed that France is the hardest country in Europe to reform and that if it were forced to do what we did under the bailout agreements, we would see another storming of the Bastille....
https://knews.kathimerini.com.cy/en/news/six-major-eu-countries-face-a-€4-8-trillion-debt-‘bomb
Borrowing money was once so cheap that some European governments paid no interest at all. Now those debts are coming due, and replacing them will cost considerably more....
https://knews.kathimerini.com.cy/en/news/france-s-money-troubles-could-reach-your-wallet-in-cyprus
France’s financial problems may feel a long way from the weekly supermarket shop in Nicosia. But when they drag down the euro, the effects can travel....
https://knews.kathimerini.com.cy/en/news/this-isn-t-a-story-about-a-fish-tavern…
The political storm battering the Democratic Rally (DISY) is simply the turmoil that had long been brewing beneath the surface at the party’s Pindarou headquarters, now erupting into the open....
https://knews.kathimerini.com.cy/en/comment/opinion/when-economic-reality-collides-with-political-reality
The electoral cycle, with societies becoming increasingly polarized and divided, makes the situation even more difficult. Entrenched special interests, and their influence over political decisions, make difficult choices even harder to implement....
https://knews.kathimerini.com.cy/en/news/relief-is-coming-government-says-but-household-bills-are-not-waiting
For Cypriot households already watching the petrol gauge as closely as the supermarket receipt, the government’s message is simple: help is in place, and more is on the way....
https://knews.kathimerini.com.cy/en/news/hidden-4-1-rise-in-public-sector-staff-costs-in-2027
While the government is cutting civil service positions in an effort to contain the public-sector wage bill, the picture presented by staffing expenditure tells a different story....
https://knews.kathimerini.com.cy/en/news/finance-minister-forecasts-another-budget-surplus-as-public-debt-falls
Cyprus is expected to record a budget surplus for a third consecutive year in 2027, while public debt continues to fall, Finance Minister Makis Keravnos told lawmakers Thursday....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-returns-to-an-a-rating-but-what-happens-next-matters-more
After 15 years, the Republic of Cyprus has once again secured an A rating from S&P. This achievement closes a major chapter and gives us reason to look back at the recent history of our economy....
https://knews.kathimerini.com.cy/en/business/s-p-upgrades-cyprus-to-a-opening-the-door-for-banks-to-follow
Standard & Poor’s (S&P) upgrade of Cyprus is a major recognition for the country, although it did not come as a surprise, given the strong performance of the Cypriot economy. The upgrade also opens the door to further rating improvements in the private sector....
https://knews.kathimerini.com.cy/en/business/cyprus-rejects-three-eu-revenue-proposals-as-nicosia-draws-red-lines-over-eu-funding-plans
Nicosia drew its red lines during a particularly divisive discussion among the 27 member states, which focused on both the size and composition of the EU’s “New Own Resources” (NORs), meaning the new revenue sources the European Union is proposing to use to finance the 2028-2034 European budget while partially reducing its reliance on direct contributions from member states....
https://knews.kathimerini.com.cy/en/news/bad-loans-weigh-heavily-on-the-courts
Cases involving non-performing loans appear to be placing an increasing burden on Cyprus’ already strained court system, even as the net book value of all loans managed by credit-acquiring companies has fallen to €2.8 billion....
https://knews.kathimerini.com.cy/en/news/build-your-home-on-state-land-at-25-of-its-value-do-you-qualify
For a young family watching house prices climb further out of reach, a state plot offered at just 25% of its market value sounds like the break they have been waiting for....
https://knews.kathimerini.com.cy/en/news/workers-could-face-higher-social-insurance-contributions
Cyprus may eventually consider increasing workers' contributions to the Social Insurance Fund as part of efforts to secure the future of the country's pension system, Labour and Social Insurance Minister Marinos Mousiouttas said on Wednesday....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-hit-the-road-in-search-of-big-investors
The holidays are over, autumn is approaching, and the banks are getting back to business, focused on meeting the targets they have set. ...
https://knews.kathimerini.com.cy/en/business/cyprus-awaits-its-september-report-card-but-will-households-feel-it
Cyprus will receive a series of important financial report cards in September, when three international rating agencies take a fresh look at the country’s economy....
https://knews.kathimerini.com.cy/en/news/marinos-mousiouttas-fairness-for-today-s-retirees-security-for-tomorrow-s-pensioners
Labour and Social Insurance Minister Marinos Mousiouttas explains the government’s proposed pension reform to Kathimerini....
https://knews.kathimerini.com.cy/en/news/why-cyprus-is-vulnerable-to-the-climate-crisis
“Net zero” is not just a slogan. It is a legal obligation to reach climate neutrality by 2050. The roadmap requires a 55 percent cut in net emissions by 2030 from 1990 levels and, under the revised Climate Law finished in February, a 90 percent cut by 2040....
https://knews.kathimerini.com.cy/en/news/banks-in-the-occupied-areas-combine-high-growth-with-serious-risks
Recent regulatory shifts and reduced state reliance have reshaped the banking system in the occupied areas, though inflation topping 30% continues to drive major financial pressures....
https://knews.kathimerini.com.cy/en/news/nikos-christodoulides-expectation-vs-result
If the President decides to run for a second term, as all signs suggest he will, he cannot go back to voters in 2028 relying on the same sense of promise that brought him to power in 2023. By 2028, he will need concrete results, measured directly against his initial campaign promises....
https://knews.kathimerini.com.cy/en/business/financial-instability-in-the-occupied-area-threatens-future-reunification-plans
Up until now, all parties, including the Greek Cypriot side, have operated under the assumption that they don't need to tackle the fiscal viability of the successor state in the occupied area. That mindset is dangerous, especially when the necessary fixes aren't actually out of reach, so long as someone takes action....
https://knews.kathimerini.com.cy/en/news/what-could-change-for-your-pensions-with-the-new-reform
The finishing touches are being put on the pension reform bill today. Labour Minister Marinos Mousiouttas is presenting the proposed measures to Finance Minister Makis Keravnos, with the aim of securing final approval and assessing their impact on public finances....
https://knews.kathimerini.com.cy/en/news/guterres-in-cyprus-a-week-of-meetings-expectations-and-cautious-optimism-begins
The United Nations Secretary-General Antonio Guterres arrives in Cyprus tonight for a visit that both sides hope can help move the Cyprus issue forward, although officials are keeping expectations realistic....
https://knews.kathimerini.com.cy/en/business/cyprus-records-eu-s-second-largest-annual-drop-in-public-debt
Cyprus recorded the second-largest annual reduction in government debt among European Union member states during the first quarter of 2026, according to figures released by Eurostat on Tuesday....
https://knews.kathimerini.com.cy/en/business/traditional-banks-are-funding-more-shadow-loans
While lending increasingly grows in a demanding environment with geopolitical developments affecting the region and by extension Cyprus, the boundaries between traditional and shadow banking are becoming more and more blurred....
https://knews.kathimerini.com.cy/en/business/esm-report-says-cyprus-and-greece-are-the-only-eurozone-countries-expected-to-reduce-debt-through-2035
About half of the euro area countries, including the five member states that received assistance from the European Stability Mechanism (ESM), among them Cyprus, succeeded in reducing public debt and cutting deficits after the pandemic, thanks to the steady economic recovery and growing tax revenues....
https://knews.kathimerini.com.cy/en/news/video-of-tragic-limassol-shooting-shared-online-as-police-officer-s-gambling-debts-surface
A graphic mobile phone video showing the immediate aftermath of Tuesday’s domestic shooting in Limassol is being widely circulated on messaging apps, causing distress to the victim's family and complicating the ongoing police investigation....
https://knews.kathimerini.com.cy/en/news/when-the-numbers-look-good-but-life-doesn-t-feel-it
Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....
