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12° Nicosia,
19 February, 2026
 

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Displaying results 1-30 of 3231 matches for query Economy.

1. Nicosia prepares for influx of 30,000 visitors during EU Council Presidency

https://knews.kathimerini.com.cy/en/business/nicosia-prepares-for-influx-of-30-000-visitors-during-eu-council-presidency

About 30,000 international visitors are expected to arrive in Nicosia as Cyprus takes on the rotating presidency of the Council of the European Union, a figure that highlights both the scale of the event and its global reach. ...

2. Supermarket sales surge as shoppers keep spending

https://knews.kathimerini.com.cy/en/business/supermarket-sales-surge-as-shoppers-keep-spending

Cyprus’ supermarket sector closed out 2025 on a strong note, underscoring its resilience even in a fiercely competitive market....

3. Cyprus hotel licensing rises to 45% from 5%-6% in 2023

https://knews.kathimerini.com.cy/en/business/cyprus-hotel-licensing-rises-to-45-from-5-6-in-2023

Cyprus has made major progress in bringing its hotel sector into compliance with licensing requirements, with the share of properly licensed hotels rising sharply from just 5-6% in 2023 to about 45% today, Deputy Minister of Tourism Kostas Koumis told Parliament on Tuesday....

4. Trump to tax foreign-made ships and rebuild U.S. maritime power

https://knews.kathimerini.com.cy/en/business/trump-to-tax-foreign-made-ships-and-rebuild-u-s-maritime-power

The Trump administration on Tuesday rolled out a sweeping maritime plan aimed at reasserting U.S. dominance in shipping and reducing reliance on foreign-built vessels. ...

5. 16 years for one case: Audit exposes shocking delays at Land Department

https://knews.kathimerini.com.cy/en/news/16-years-for-one-case-audit-exposes-shocking-delays-in-land-department

Serious systemic problems are undermining how state land is managed and how property rights are protected, according to a new special report by the Audit Office of Cyprus examining the Department of Lands and Surveys....

6. Cyprus groups warn EU-Mercosur deal could threaten food safety and hurt farmers

https://knews.kathimerini.com.cy/en/news/cyprus-groups-warn-eu-mercosur-deal-could-threaten-food-safety-and-hurt-farmers

A broad coalition of agricultural organizations, trade unions, environmental groups and consumer advocates staged a protest outside the House of Europe in Nicosia on Saturday, voicing strong opposition to the European Union’s planned trade agreement with the Mercosur bloc....

7. Cigarette prices could soar to €7.50, smuggling set to spike

https://knews.kathimerini.com.cy/en/news/cigarette-prices-could-soar-to-€7-50-smuggling-set-to-spike

Cigarette smokers in Cyprus may soon feel a heavier pinch in their wallets if proposed European tax changes go ahead, industry officials warned this week....

8. 27 countries, one market: Can the EU make it?

https://knews.kathimerini.com.cy/en/news/27-countries-one-market-can-the-eu-make-it

The European Union appears determined to win its ''bet'' on strengthening competitiveness amid major geopolitical and geoeconomic shifts....

9. Cyprus among EU’s fastest-rising countries for internet access

https://knews.kathimerini.com.cy/en/news/cyprus-among-eu-s-fastest-rising-countries-for-internet-access

Cyprus has recorded one of the strongest improvements in internet access in the European Union over the past decade, according to new Eurostat data on digital economy and society trends in 2025....

10. Cyprus warns of a growing counterfeit halloumi flood from Latin America

https://knews.kathimerini.com.cy/en/news/cyprus-warns-of-a-growing-counterfeit-halloumi-flood-from-latin-america

Cyprus’s Environmental Movement has warned that halloumi could face increased competition from counterfeit products if the EU moves forward with the Mercosur trade agreement without stronger protections for geographical indications....

11. Belgian police raid EU Commission offices over €900 million property sale

https://knews.kathimerini.com.cy/en/news/belgian-police-raid-eu-commission-offices-over-€900-million-property-sale

Belgian police raided several European Commission offices in Brussels Thursday morning as part of an investigation into a controversial property sale, sending a ripple through EU circles....

12. Can Europe break free from the U.S.? Leaders clash over economy game plan

https://knews.kathimerini.com.cy/en/news/can-europe-break-free-from-the-u-s-leaders-clash-over-economy-game-plan

Can Europe become more economically competitive and less reliant on the United States? That’s the central question facing European leaders gathering today at Alden Biesen Castle in Belgium’s Flemish region, at the invitation of European Council President Antonio Costa....

13. €15 Million mixed-use tower planned near Agios Athanasios roundabout

https://knews.kathimerini.com.cy/en/business/€15-million-mixed-use-tower-planned-near-agios-athanasios-roundabout

A new mixed-use development featuring homes, offices, and leisure spaces is in the works for Limassol, with plans submitted to environmental authorities for review....

14. Digital euro could cut costs for Cyprus SMEs, says ECB Executive Board member

https://knews.kathimerini.com.cy/en/business/digital-euro-could-cut-costs-for-cyprus-smes-says-ecb-executive-board-member

ECB Executive Board member Piero Cipollone said the planned digital euro could bring major advantages for Cyprus, particularly for small and medium-sized businesses that currently face high fees when accepting card payments through international schemes....

15. Von der Leyen: ''Made in Europe'' is necessary, but not a blank cheque

https://knews.kathimerini.com.cy/en/business/von-der-leyen-made-in-europe-is-necessary-but-not-a-blank-cheque

The President of the European Commission, Ursula von der Leyen, defended the strategy of “European preference” (“Made in Europe”) before the plenary session of the European Parliament, stressing that strengthening Europe’s industrial base is a crucial tool for boosting the Union’s competitiveness....

16. Cyprus’s credit rating boosted as public debt drops and economy strengthens

https://knews.kathimerini.com.cy/en/business/cyprus-s-credit-rating-boosted-as-public-debt-drops-and-economy-strengthens

Cyprus’s long-term sovereign credit rating has been upgraded by Scope Ratings to A from A-, with a stable outlook, reflecting sharp falls in public debt, ongoing budget surpluses, and a stronger banking sector....

17. Paphos surpasses Limassol in luxury prices, signaling shift in Cyprus property power

https://knews.kathimerini.com.cy/en/business/paphos-surpasses-limassol-in-luxury-prices-signaling-shift-in-cyprus-property-power

Cyprus’ new-build property market closed the first 10 months of 2025 on a strong note, with Limassol once again emerging as the undisputed heavyweight in both value and activity....

18. Cyprus plans to deliver 244 affordable new homes by year’s end

https://knews.kathimerini.com.cy/en/news/cyprus-plans-to-deliver-244-affordable-new-homes-by-year-s-end

The Cyprus Land Development Organization (KOAG) expects to deliver 244 new homes across the island by the end of 2026, the agency’s general director, Eleni Symeonidou, told lawmakers Monday during a parliamentary review of the organization’s budget....

19. The President’s band-aid solutions

https://knews.kathimerini.com.cy/en/comment/opinion/the-president-s-band-aid-solutions

The President, in the so-called State of the Union, was less pompous than in previous years and attempted to highlight the three areas society records as positives for the government and for himself. Once again, he lined up secondary measures, band-aids, to treat deep-rooted pathologies that require radical therapies....

20. They came to clean hotels but ended up working in constructions sites

https://knews.kathimerini.com.cy/en/business/they-came-to-clean-hotels-but-ended-up-working-in-constructions-sites

A long-running problem in Cyprus’ labor market is still going strong: foreign workers brought into the country as hotel cleaners are ending up on construction sites, often through shell companies that exist largely on paper....

21. Migration and global turmoil dominate Cypriots' fears

https://knews.kathimerini.com.cy/en/news/migration-and-global-turmoil-dominate-cypriots-fears

A new Eurobarometer survey commissioned by the European Parliament shows that Europeans are increasingly uneasy about global instability, with Cypriots expressing some of the strongest concerns across the EU, particularly on migration....

22. AI factory, Schengen push and gas deal with Israel: Christodoulides unveils 55-point plan in State of the Union address

https://knews.kathimerini.com.cy/en/news/ai-factory-schengen-push-and-gas-deal-with-israel-christodoulides-unveils-55-point-plan-in-state-of-the-union-address

President Nikos Christodoulides on Thursday evening presented the government’s Official Planning for 2026, described as the “State of the Union 2026”, from the Presidential Palace, outlining more than 55 initiatives across all sectors....

23. Nicosia girls’ school building to become University of Cyprus archaeology hub

https://knews.kathimerini.com.cy/en/business/nicosia-girls-school-building-to-become-university-of-cyprus-archaeology-hub

After years of back-and-forth, a deal has finally been struck over the historic girls’ school in Faneromeni. The building will now be handed over to the University of Cyprus, which plans to house its Department of History and Archaeology along with the university’s Archaeology unit....

24. Unemployment edges down in January

https://knews.kathimerini.com.cy/en/business/unemployment-edges-down-in-january

Unemployment in Cyprus continued to edge down in January, offering another small but steady sign that the job market is holding up....

25. Corbyn: Cyprus base used to transit weapons to Israel

https://knews.kathimerini.com.cy/en/news/corbyn-cyprus-base-used-to-transit-weapons-to-israel

Cyprus is increasingly involved in the Israel-Palestine conflict, with the British base at Akrotiri reportedly serving as a transit point for weapons deliveries to Israel, according to Jeremy Corbyn, former UK Labour leader and co-founder of Your Party....

26. Corbyn claims Akrotiri Base used as transit hub for arms deliveries to Israel

https://knews.kathimerini.com.cy/en/news/corbyn-claims-akrotiri-base-used-as-transit-hub-for-arms-deliveries-to-israel

Cyprus is being drawn deeper into the ongoing Israel-Palestine conflict, according to British MP Jeremy Corbyn, who claims that the UK’s Sovereign Base Area at Akrotiri is being used as a stopover point for transferring weapons to Israel....

27. Electricity bills get a break as Cyprus extends reduced VAT until 2027

https://knews.kathimerini.com.cy/en/news/electricity-bills-get-a-break-as-cyprus-extends-reduced-vat-until-2027

Households in Cyprus will continue to pay lower VAT on their electricity bills for another year, after the Council of Ministers approved an extension of the reduced tax rate through March 31, 2027....

28. Can Cyprus shoppers trust e-kalathi prices?

https://knews.kathimerini.com.cy/en/news/can-cyprus-shoppers-trust-e-kalathi-prices

As the debate over e-kalathi continues, the real question for Cyprus households is a simple one: does it actually help families save money at the supermarket, or does it just add more confusion to an already expensive weekly shop?...

29. KEDIPES seals €361m loan management deal with Themis

https://knews.kathimerini.com.cy/en/news/kedipes-seals-€361m-loan-management-deal-with-themis

KEDIPES has signed a new deal to manage a loan portfolio worth €361 million, teaming up once again with Themis Portfolio Management....

30. Cyprus debt drops faster than almost anywhere else in Europe

https://knews.kathimerini.com.cy/en/news/cyprus-debt-drops-faster-than-almost-anywhere-else-in-europe

Cyprus has recorded the third-largest reduction in public debt among European Union countries, President Nikos Christodoulides said on Tuesday, highlighting the island’s strong fiscal performance....

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