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12° Nicosia,
05 October, 2026
 

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Displaying results 1-30 of 3596 matches for query Economy.

1. Cyprus set to receive €992 million from the RRF

https://knews.kathimerini.com.cy/en/news/cyprus-set-to-receive-€992-million-from-the-rrf

Sept. 18 marked Cyprus’ final step in submitting requests to the Recovery and Resilience Facility (RRF), with the last milestones submitted under the plan approved back in 2021....

2. Our banks are worth much more...could big investors come knocking?

https://knews.kathimerini.com.cy/en/news/our-banks-are-worth-much-more-could-big-investors-come-knocking

Bank of Cyprus ranks among the world’s leading banks, according to Forbes magazine’s first annual ''World’s Top Performing Banks 2026'' ranking, compiled in partnership with market research company Statista....

3. Could we soon pay without Visa or Mastercard? Europe is building another option

https://knews.kathimerini.com.cy/en/business/could-we-soon-pay-without-visa-or-mastercard-europe-is-building-another-option

You pay for a coffee, buy something online or send money to a friend abroad. It takes seconds. But behind that everyday transaction lies a bigger question: who controls the systems that keep money moving?...

4. That €200,000 home could now cost you €15,800 more

https://knews.kathimerini.com.cy/en/news/that-€200-000-home-could-now-cost-you-€15-800-more

You save a little more each month, cut back where you can, and watch your house deposit grow. Then you look at property prices again, and the target has moved....

5. George Metzakis, CEO of Cyta, Joins TechIsland’s Board of Directors

https://knews.kathimerini.com.cy/en/business/george-metzakis-ceo-of-cyta-joins-techisland-s-board-of-directors

TechIsland®, Cyprus’ largest technology association, announces the appointment of George Metzakis, CEO of Cyta, to its Board of Directors. ...

6. When economic reality collides with political reality

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....

7. House prices are rising. Are we building homes people can afford?

https://knews.kathimerini.com.cy/en/comment/opinion/house-prices-are-rising-are-we-building-homes-people-can-afford

The 8.5% rise in house prices in the second quarter of 2026 is a figure that rightly draws attention. For buyers, however, the question is simpler: Can I still afford a home in the area where I want to live?...

8. EU considers opening its market to candidate countries before membership

https://knews.kathimerini.com.cy/en/news/eu-considers-opening-its-market-to-candidate-countries-before-membership

Countries waiting to join the European Union could soon gain access to parts of its single market without first becoming full members, under a draft European Commission plan reported by POLITICO....

9. Central Bank keeps banks’ safety cushion at 1.5%, what does that mean for you?

https://knews.kathimerini.com.cy/en/news/central-bank-keeps-banks-safety-cushion-at-1-5-what-does-that-mean-for-you

The Central Bank of Cyprus has decided to keep the country’s countercyclical capital buffer at 1.5%, a term that sounds technical but essentially means banks must continue keeping extra money in reserve for difficult times....

10. Relief is coming, government says, but household bills are not waiting

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....

11. Event by the Cyprus Institute of Directors & Corporate Governance

https://knews.kathimerini.com.cy/en/business/event-by-the-cyprus-institute-of-directors-corporate-governance

The Cyprus Institute of Directors & Corporate Governance (CyIoDCG) is organising an event on leadership and sound corporate governance on Friday, 16 October, at 17:00, at the PwC Experience Center in Nicosia. ...

12. Filling the heating-oil tank could cost €650 more this winter

https://knews.kathimerini.com.cy/en/news/filling-the-heating-oil-tank-could-cost-€650-more-this-winter

Winter has not properly arrived yet, but the bill is already beginning to take shape....

13. Ukraine eyes porn decriminalisation as new source of war tax revenue

https://knews.kathimerini.com.cy/en/news/ukraine-eyes-porn-decriminalisation-as-new-source-of-war-tax-revenue

Ukraine is considering a surprising way to bring more money into state coffers as it continues funding its war against Russia: decriminalising pornography and taxing the industry....

14. Mohamed Rashid bin Taliah to speak at Digital Agenda Cyprus Summit 2026

https://knews.kathimerini.com.cy/en/news/mohamed-rashid-bin-taliah-to-speak-at-digital-agenda-cyprus-summit-2026

Another prominent speaker is joining the Digital Agenda Cyprus Summit 2026. H.E. Mohamed Rashid bin Taliah, the United Arab Emirates’ assistant minister of Cabinet affairs for Government Experience Exchange, will take part in this year’s event....

15. Hidden 4.1% rise in public-sector staff costs in 2027

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....

16. Cost-of-living squeeze shows no sign of slowing

https://knews.kathimerini.com.cy/en/news/cost-of-living-squeeze-shows-no-sign-of-slowing

Consumers will face a heavy burden in the coming months, as a new wave of price increases is expected to add to the already high cost of essential goods, putting even greater pressure on household budgets....

17. U.S. diesel ban could push up prices in Europe and, consequently, Cyprus

https://knews.kathimerini.com.cy/en/news/u-s-diesel-ban-could-push-up-prices-in-europe-and-consequently-cyprus

A reported U.S. plan to halt diesel exports for 90 days has alarmed Brussels and could eventually be felt far beyond the negotiating rooms—including at petrol stations and supermarket checkouts in Cyprus....

18. Buying a home in Cyprus just became 8.5% more expensive

https://knews.kathimerini.com.cy/en/news/buying-a-home-in-cyprus-just-became-8-5-more-expensive

Buying a home in Cyprus became considerably more expensive over the past year, with residential property prices rising 8.5% in the second quarter of 2026....

19. Finance Minister forecasts another budget surplus as public debt falls

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....

20. Cyprus returns to an A rating, but what happens next matters more

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....

21. Eurobank sets its sights on Abu Dhabi after Mumbai expansion

https://knews.kathimerini.com.cy/en/news/eurobank-sets-its-sights-on-abu-dhabi-after-mumbai-expansion

It is becoming increasingly clear that banks are looking to establish representative offices in markets beyond the countries where they already operate, aiming to expand their business and, ultimately, increase profits....

22. Eva Povilauskaite joins Digital Agenda Cyprus Summit 2026

https://knews.kathimerini.com.cy/en/news/eva-povilauskaite-joins-digital-agenda-cyprus-summit-2026

Another leading international figure has been added to the Digital Agenda Cyprus Summit 2026, with Creative & Art Director Eva Povilauskaite joining this year’s event....

23. S&P upgrades Cyprus to A, opening the door for banks to follow

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....

24. Transport Minister tours DP World Limassol terminal

https://knews.kathimerini.com.cy/en/business/transport-minister-tours-dp-world-limassol-terminal

The Minister of Transport, Communications and Works, Ms Evi Tsolaki, paid an introductory visit to DP World Limassol’s terminal at Limassol Port on Friday, her first since assuming office. During the visit, the Minister met with representatives of DP World Limassol and P&O Maritime and was briefed on their respective operations at Limassol Port. ...

25. Government looks to America for investment, and Cypriots willing to come home

https://knews.kathimerini.com.cy/en/business/government-looks-to-america-for-investment-and-cypriots-willing-to-come-home

Attention may currently be focused on developments surrounding the Cyprus issue, prompted by President Nikos Christodoulides’ visit to New York, but important moves are already underway concerning investment and the presence of American companies in Cyprus....

26. Free admission for students at Digital Agenda Cyprus Summit 2026 – ''AI Wars''

https://knews.kathimerini.com.cy/en/news/free-admission-for-students-at-digital-agenda-cyprus-summit-2026-–-ai-wars

The Digital Agenda Cyprus Summit 2026 returns on Wednesday, Oct. 14, at Nicosia Municipal Theatre under the theme ''AI Wars'' — and students can attend free of charge....

27. From promotion to action: Cyprus’ new strategy for its international image

https://knews.kathimerini.com.cy/en/news/from-promotion-to-action-cyprus-new-strategy-for-its-international-image

Swedish communications consultancy Kreab has presented the strategy it is using to help repair Cyprus’ reputation internationally following a tender awarded in late December 2024....

28. Cyprus has five distinct resale property markets

https://knews.kathimerini.com.cy/en/news/cyprus-has-five-distinct-resale-property-markets

Cyprus’ resale property market looks very different from one district to another, both in the number and value of transactions and in prices....

29. Cyprus’ state sector remains large

https://knews.kathimerini.com.cy/en/news/cyprus-state-sector-remains-large

The 2027 state budget, approved by the Cabinet this week, points to an effort to reduce the number of permanent public-sector positions. Even so, the state sector remains large....

30. Cyprus air traffic control running 50 positions short of required staffing

https://knews.kathimerini.com.cy/en/news/cyprus-air-traffic-control-running-50-positions-short-of-required-staffing

Cyprus’ air traffic control system is operating with around 90 controllers, compared with an authorised requirement of 140, Parliament was told on Thursday, as MPs examined flight safety issues affecting the Nicosia Flight Information Region (FIR)....

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