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12° Nicosia,
16 October, 2026
 

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Displaying results 1-30 of 3617 matches for query Economy.

1. A crisis within a crisis at the tourism ministry

https://knews.kathimerini.com.cy/en/comment/opinion/a-crisis-within-a-crisis-at-the-tourism-ministry

Although the crisis facing Cyprus's tourism sector may have ultimately ended on a positive note, with last-minute bookings coming to the rescue, tensions within the Deputy Ministry of Tourism were running high at the time. According to information we have received, employees were on the verge of revolt and strike action. ...

2. Will artificial intelligence lead us into war?

https://knews.kathimerini.com.cy/en/news/will-artificial-intelligence-lead-us-into-war

The US-China rivalry, warnings about Europe falling behind, and the possibility of a major war took center stage in remarks by Nina Schick and Max Nikias, as well as the discussion at Digital Agenda Cyprus 2026....

3. From no specialist service to an 82% cure rate: Loizos Loizou’s legacy in Cyprus

https://knews.kathimerini.com.cy/en/news/from-no-specialist-service-to-an-82-cure-rate-loizos-loizou-s-legacy-in-cyprus

Professor Loizos Loizou has been recognised at this year’s Digital Agenda Cyprus conference for his role in developing specialist cancer care for children in Cyprus, where reported cure rates have reached approximately 82%....

4. Cost of living soars as Nicosia seeks European breathing room

https://knews.kathimerini.com.cy/en/business/cost-of-living-soars-as-nicosia-seeks-european-breathing-room

The energy crisis and rising living costs have forced governments to scramble to keep up with support measures for businesses and households. With external factors driving prices higher showing no signs of improvement and conditions instead getting worse, Cyprus is calling for countries with sound economic indicators to be given greater fiscal flexibility to provide financial support....

5. Limassol to launch campaign encouraging more people to use public transport

https://knews.kathimerini.com.cy/en/news/limassol-to-launch-campaign-encouraging-more-people-to-use-public-transport

The government plans to encourage more people to use buses as part of efforts to tackle severe traffic congestion in Limassol, with the Transport Ministry preparing a public information campaign and reviewing existing services to identify where improvements are needed....

6. Cyprus’s import bill races ahead as trade gap widens by €820 million

https://knews.kathimerini.com.cy/en/business/cyprus-s-import-bill-races-ahead-as-trade-gap-widens-by-€820-million

From the fuel in our cars to the goods arriving on shop shelves, Cyprus buys far more from abroad than it sells overseas. That gap has grown by almost €820 million in a year....

7. Bank of Cyprus–cdbBank deal nears completion after staff exit scheme

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus–cdbbank-deal-nears-completion-after-staff-exit-scheme

Bank of Cyprus’ acquisition of cdbBank is on course for a successful conclusion after cdbBank met a key condition of the agreement: implementing a voluntary retirement scheme (VRS)....

8. Same groceries, very different bill: Price gaps reach 226%

https://knews.kathimerini.com.cy/en/news/same-groceries-very-different-bill-price-gaps-reach-226

Where you buy your groceries could make a substantial difference to what you pay, according to a Cyprus Consumers Association survey that found price gaps of up to 226% for the same products across supermarkets....

9. Higher pensions sooner under revised reform plan

https://knews.kathimerini.com.cy/en/news/higher-pensions-sooner-under-revised-reform-plan

Pensioners would receive their full increases sooner, and people who get a better pension under the current rules would keep those rules for longer, under changes announced Monday by Labor Minister Marinos Mousiouttas....

10. Cheaper energy bills need better infrastructure, Keravnos says

https://knews.kathimerini.com.cy/en/news/cheaper-energy-bills-need-better-infrastructure-keravnos-says

Finance Minister Makis Keravnos stressed the need for the Finance Ministry to assess the Great Sea Interconnector’s (GSI) feasibility study, while acknowledging the project’s geopolitical importance, during his presentation of the 2027 state budget to Parliament....

11. The Digital Agenda Cyprus Summit honors Professor Dr. Loizos Loizou

https://knews.kathimerini.com.cy/en/news/the-digital-agenda-cyprus-summit-honors-professor-dr-loizos-loizou

The Digital Agenda Cyprus Summit 2026 will honor Professor Dr. Loizos G. Loizou for his pioneering contribution to childhood cancer care and his longstanding support for children and their families....

12. Cyprus turns to the U.S. for talent and investment

https://knews.kathimerini.com.cy/en/business/cyprus-turns-to-the-u-s-for-talent-and-investment

For the second consecutive year, the government is seeking to build ties with the U.S. market and connect with Cypriots living and working there through a series of meetings with international investors, business organizations, and members of the Cypriot diaspora....

13. Workers forced to sleep on building sites in Cyprus, complaints allege

https://knews.kathimerini.com.cy/en/news/workers-forced-to-sleep-on-building-sites-in-cyprus-complaints-allege

The Labor Department is investigating cases that are shaking the foundations of the construction industry....

14. Tel Aviv Stock Exchange considers buying Cyprus Stock Exchange

https://knews.kathimerini.com.cy/en/news/tel-aviv-stock-exchange-considers-buying-cyprus-stock-exchange

The Tel Aviv Stock Exchange is taking a serious look at buying the Cyprus Stock Exchange (CSE). Israeli financial publication Calcalist reports that the exchange, headed by Itay Ben Zeev, intends to participate in a tender to be launched by the Cypriot government for the exchange’s privatization....

15. Fuel and household bills squeeze Cyprus budgets as inflation reaches 3.7%

https://knews.kathimerini.com.cy/en/news/fuel-and-household-bills-squeeze-cyprus-budgets-as-inflation-reaches-3-7

The drive to work, the electricity bill, and the weekly supermarket shop are putting more pressure on household budgets, with inflation in Cyprus reaching 3.7% in September....

16. Six major EU countries face a €4.8 trillion debt ‘bomb’

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....

17. Cyprus pushes to make justice faster and more digital

https://knews.kathimerini.com.cy/en/news/cyprus-pushes-to-make-justice-faster-and-more-digital

Cyprus must continue reforming its justice system to reduce delays and adapt courts to a rapidly changing legal environment, President Nikos Christodoulides said on Tuesday, while stressing that faster proceedings cannot come at the expense of fair trials or judicial independence....

18. More people looking for work as registered unemployment rises nearly 10%

https://knews.kathimerini.com.cy/en/news/more-people-looking-for-work-as-registered-unemployment-rises-nearly-10

More people were registered as looking for work in Cyprus at the end of September, with the total rising nearly 10% compared with the same month last year....

19. ‘The sky’s the limit’: Christodoulides touts U.S. ties as Trump shares interview

https://knews.kathimerini.com.cy/en/news/‘the-sky-s-the-limit-christodoulides-touts-u-s-ties-as-trump-shares-interview

President Nikos Christodoulides says Cyprus has never been closer to the United States—and an interview setting out that message has received a boost from Donald Trump himself....

20. Another company heads for the exit: Centalion moves headquarters out of Cyprus

https://knews.kathimerini.com.cy/en/business/another-company-heads-for-the-exit-centalion-moves-headquarters-out-of-cyprus

BrainRocket led the way, and Centalion Group is set to follow. The company announced on Oct. 2 that it had decided to move its headquarters out of Cyprus and relocate to Singapore....

21. France’s money troubles could reach your wallet in Cyprus

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....

22. 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....

23. 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....

24. 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?...

25. 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....

26. 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. ...

27. 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....

28. 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?...

29. 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....

30. 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....

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