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12° Nicosia,
01 January, 2026
 

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Displaying results 1-30 of 3052 matches for query Economic.

1. EU enlargement crisis now becomes Cyprus’ problem

https://knews.kathimerini.com.cy/en/news/eu-enlargement-crisis-now-becomes-cyprus-problem

According to information obtained by ''K,'' Berlin has raised the issue of possible ''economic consequences'' for Budapest following Hungary’s decision to block the EU Council Conclusions on Enlargement at the General Affairs Council (GAC) meeting on December 16....

2. Cyprus conscripts struggle in poverty while serving the nation

https://knews.kathimerini.com.cy/en/news/cyprus-conscripts-struggle-in-poverty-while-serving-the-nation

As Cyprus prepares to mark another year, a troubling picture emerges from within the National Guard: many of the country’s young conscripts are living in financial hardship so severe that it affects their daily lives and even their willingness to leave the camp....

3. Major public works head into 2026 under a cloud of delays and cost overruns (pics)

https://knews.kathimerini.com.cy/en/news/major-public-works-head-into-2026-under-a-cloud-of-delays-and-cost-overruns

The arrival of 2026 is shaping up to be a major test for the government, particularly when it comes to public infrastructure. Several large-scale projects are running far behind the timelines announced when they were first unveiled, with delays now becoming the norm rather than the exception....

4. After years of stalemate, Cyprus forces the world to pay attention again

https://knews.kathimerini.com.cy/en/news/after-years-of-stalemate-cyprus-forces-the-world-to-pay-attention-again

After years of diplomatic fatigue and cautious optimism, the Cyprus problem roared back into international focus in 2025, with not one but two expanded UN-led conferences and a flurry of moves that put the island firmly back on the global political map....

5. UAE: Sugary drinks will cost you, and not just in calories

https://knews.kathimerini.com.cy/en/business/uae-sugary-drinks-will-cost-you-and-not-just-in-calories

The United Arab Emirates is taking a stand against sugar, launching a new tiered tax on sweetened drinks starting January 1, a move doctors and dentists say could be a game-changer for public health....

6. Cyprus weathers global turbulence as economic growth and reforms hold firm in 2025

https://knews.kathimerini.com.cy/en/business/cyprus-weathers-global-turbulence-as-economic-growth-and-reforms-hold-firm-in-2025

Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...

7. Cyprus shuts down smuggling routes, slashes irregular migration 86%

https://knews.kathimerini.com.cy/en/news/cyprus-shuts-down-smuggling-routes-slashes-irregular-migration-86

Cyprus has reduced irregular migrant arrivals by about 86% over the past three years, while sharply increasing returns, Deputy Minister of Migration and International Protection Nikolas Ioannides said....

8. Bulgaria ditches Lev for Euro amid fears of price hikes and political chaos

https://knews.kathimerini.com.cy/en/business/bulgaria-ditches-lev-for-euro-amid-fears-of-price-hikes-and-political-chaos

Bulgaria is set to ditch its national currency, the lev, for the euro on Jan. 1, 2026, a move that has stirred both excitement and anxiety across the country....

9. Cyprus defies Europe’s housing crisis with spacious homes and low costs

https://knews.kathimerini.com.cy/en/business/cyprus-defies-europe-s-housing-crisis-with-spacious-homes-and-low-costs

Cyprus ranks at, or near, the extremes of several key housing indicators, often outperforming the EU average and even many comparable Mediterranean countries....

10. €1,088 minimum wage, and everyone’s furious

https://knews.kathimerini.com.cy/en/business/€1-088-minimum-wage-and-everyone-s-furious

After intense behind-the-scenes talks that stretched right up to the holidays, the government has locked in Cyprus’ new national minimum wage at €1,088 a month, a decision that settles one debate but opens several others....

11. Cyprus approves minimum wage increase of 8.8%, effective January 2026

https://knews.kathimerini.com.cy/en/business/cyprus-approves-minimum-wage-increase-of-8-8-effective-january-2026

The government has approved an increase to the national minimum wage, following a Cabinet decision taken after a review of economic and social conditions. The revised rates will take effect on 1 January 2026....

12. GSI takes center stage at Cyprus-Greece-Israel Jerusalem Summit

https://knews.kathimerini.com.cy/en/news/cyprus-greece-and-israel-strengthen-strategic-axis-at-jerusalem-trilateral-summit

Cyprus, Greece and Israel took another step toward closer coordination on Monday, reaffirming their strategic partnership during a trilateral summit held in Jerusalem against the backdrop of mounting geopolitical pressures in the Eastern Mediterranean ....

13. Cyprus politics stall the cable that could end its energy isolation

https://knews.kathimerini.com.cy/en/news/cyprus-politics-stall-the-cable-that-could-end-its-energy-isolation

The government and newly appointed Energy Minister Michalis Damianou will face a series of critical energy decisions in 2026 that will largely determine Cyprus’ energy future. ...

14. Turkey to Cyprus: Forget the politics, let’s make money

https://knews.kathimerini.com.cy/en/news/turkey-to-cyprus-forget-the-politics-let-s-make-money

Turkey’s foreign minister has floated a controversial idea for Cyprus: park the political dispute, move ahead with joint business and energy projects, and deal with sovereignty later, all while sticking to Ankara’s long-standing push for a two-state solution....

15. Russia sues Europe for $230B over frozen billions for Ukraine

https://knews.kathimerini.com.cy/en/news/russia-sues-europe-for-$230b-over-frozen-billions-for-ukraine

Russia has launched a major legal challenge against Europe, filing a $230 billion lawsuit against financial services firm Euroclear over Russian state assets frozen since the start of the war in Ukraine....

16. Invest Cyprus gives new momentum to relations between Cyprus and the United Arab Emirates

https://knews.kathimerini.com.cy/en/business/invest-cyprus-gives-new-momentum-to-relations-between-cyprus-and-the-united-arab-emirates

Invest Cyprus took part in the high-level Cyprus - UAE Roundtable, which was co-organised by the Presidency of the Republic of Cyprus, Invest Cyprus and the Cyprus Chamber of Commerce and Industry (CCCI). ...

17. Who pays when public sector wages keep rising?

https://knews.kathimerini.com.cy/en/news/who-pays-when-public-sector-wages-keep-rising

Public sector wages remain the uncomfortable truth behind Cyprus’ 2026 state budget, which is heading for a final vote in the House of Representatives on Wednesday and is widely expected to be approved....

18. Officials stress foot-and-mouth disease affects animals only and cannot infect people

https://knews.kathimerini.com.cy/en/news/officials-stress-foot-and-mouth-disease-affects-animals-only-and-cannot-infect-people

Veterinary authorities have moved to allay public concern over foot-and-mouth disease, stressing that the illness poses no risk to human health....

19. Cyprus expands diplomatic footprint with UAE and France agreements

https://knews.kathimerini.com.cy/en/news/cyprus-expands-diplomatic-footprint-with-uae-and-france-agreements

Cyprus has signed two strategic agreements, one with the United Arab Emirates and another with France, within just 24 hours, an unusual diplomatic double that officials say marks a shift from symbolic partnerships to deals built around concrete action....

20. The racism we refuse to see: Islamophobia

https://knews.kathimerini.com.cy/en/comment/opinion/the-racism-we-refuse-to-see-islamophobia

While antisemitism has reentered public discussion over the past two years, driven by bloody events and the propaganda surrounding them, Islamophobia is the issue that should demand our attention if we truly want to talk objectively about racism, discrimination, and injustice....

21. Suspected foot-and-mouth disease sparks alarm in occupied areas

https://knews.kathimerini.com.cy/en/news/suspected-foot-and-mouth-disease-sparks-alarm-in-occupied-areas

Suspected cases of foot-and-mouth disease in animals have sparked concern among authorities in the occupied areas, prompting an emergency meeting and immediate containment measures, according to reports in the Turkish Cypriot press....

22. Cyprus and Vietnam sign deal to cut tax barriers and boost business

https://knews.kathimerini.com.cy/en/business/cyprus-and-vietnam-sign-deal-to-cut-tax-barriers-and-boost-business

Cyprus and Vietnam took a fresh step toward closer economic ties on Monday with the signing of an agreement aimed at avoiding double taxation and preventing tax evasion, a move both sides say will make doing business between the two countries easier and more predictable....

23. Cyprus bank workers win pay boost and extra leave in landmark deal

https://knews.kathimerini.com.cy/en/news/cyprus-bank-workers-win-pay-boost-and-extra-leave-in-landmark-deal

Negotiations over the renewal of the 2023–2027 Collective Agreement between the Cyprus Banks Association (KESK) and the Cyprus Bank Employees’ Union (ETYK) have ended on a positive note, clearing the way for pay increases and improved benefits for bank employees....

24. Cyprus shipping charts a course for growth

https://knews.kathimerini.com.cy/en/business/cyprus-shipping-charts-a-course-for-growth

Cyprus’s shipping sector demonstrated resilience in 2025, maintaining a 7% contribution to the country’s GDP and employing more than 9,000 people onshore, as well as 80,000 seafarers on vessels managed by Cyprus-based companies....

25. Sleigh your holiday plans: Last-minute, low-budget getaways from Cyprus

https://knews.kathimerini.com.cy/en/out-about/sleigh-your-holiday-plans-last-minute-low-budget-getaways-from-cyprus

If you’re the type to leave planning your Christmas getaway to the last minute, don’t worry. There are plenty of options that won’t break the bank....

26. Cyprus steps onto global space stage with new industry alliance

https://knews.kathimerini.com.cy/en/news/cyprus-steps-onto-global-space-stage-with-new-industry-alliance

Cyprus is moving from the sidelines to active participation in the global space industry, as local companies gain access to funding, partnerships and large-scale international projects through a newly formed industry association....

27. Cyprus and UAE Launch Joint Business & Investment Council

https://knews.kathimerini.com.cy/en/business/cyprus-and-uae-launch-joint-business-investment-council

Cyprus and the United Arab Emirates have taken a major step to strengthen economic ties with the establishment of the UAE–Cyprus Joint Business & Investment Council, a new platform designed to foster investment, business collaboration, and ongoing dialogue between the two countries....

28. Cyprus businesses embrace AI and e-commerce to boost growth

https://knews.kathimerini.com.cy/en/business/cyprus-businesses-embrace-ai-and-e-commerce-to-boost-growth

Businesses in Cyprus are increasingly embracing digital transformation, with artificial intelligence (AI) and e-commerce emerging as major drivers of change. ...

29. Greek Economy Minister becomes Eurogroup president

https://knews.kathimerini.com.cy/en/business/greek-economy-minister-becomes-eurogroup-president

Greece’s Economy Minister Kyriakos Pierrakakis was unanimously elected president of the Eurogroup Thursday, a high-profile achievement that signals Greece’s return as a leader in European economic policy....

30. Debt surge ahead: Can the Eurozone outgrow its risks?

https://knews.kathimerini.com.cy/en/comment/opinion/debt-surge-ahead-can-the-eurozone-outgrow-its-risks

The Eurozone is entering a phase of rising investments, public debt, and real interest rates. In this challenging environment, economic growth is essential to maintain balance. ...

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