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12° Nicosia,
20 November, 2025
 

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Displaying results 1-30 of 3088 matches for query Economy.

1. Migration’s mark on the Cypriot economy and society

https://knews.kathimerini.com.cy/en/business/migration-s-mark-on-the-cypriot-economy-and-society

New data from the Deputy Ministry of Migration and International Protection shows the Cypriot economy’s heavy reliance on foreign workers who reside and work on the island....

2. The US and China's influence in Greece

https://knews.kathimerini.com.cy/en/comment/opinion/the-us-and-china-s-influence-in-greece

In the coming weeks and months, we will witness a focused effort by the US to limit the role and influence of China in Greece. This is nothing new. ...

3. Cyprus scores big in global ratings

https://knews.kathimerini.com.cy/en/business/cyprus-scores-big-in-global-ratings

Cyprus is wrapping up the year with strong marks from the world’s big credit rating agencies, capping what officials say has been one of the economy’s best-performing years in recent memory....

4. Cyprus, connectivity, and the future of European aviation: A conversation with Olivier Jankovec

https://knews.kathimerini.com.cy/en/business/cyprus-connectivity-and-the-future-of-european-aviation-a-conversation-with-olivier-jankovec

Olivier Jankovec, Director General of Airports Council International (ACI) Europe—the airport counterpart to IATA—has a bird’s-eye view of the European aviation landscape. Right now, he has his sights set on Cyprus....

5. Cyprus banks rake in over €750 million, even as rate cuts cool

https://knews.kathimerini.com.cy/en/business/cyprus-banks-rake-in-over-€750-million-even-as-rate-cuts-cool

Cyprus’ biggest banks are still posting hefty profits this year, even as the era of sky-high earnings seen in 2023 and 2024 begins to lose steam....

6. Cyprus isn’t one property market anymore — it’s five

https://knews.kathimerini.com.cy/en/news/cyprus-isn-t-one-property-market-anymore-—-it-s-five

Cyprus’ property market is no longer a single, predictable landscape. New data from Landbank Analytics shows the island has split into distinct mini-markets, each with its own prices, buyers and momentum, from Limassol’s sky-high residential values to Famagusta’s unusual dominance of field sales....

7. Cyprus plans overhaul of taxi sector with digital platform and driver training

https://knews.kathimerini.com.cy/en/news/cyprus-plans-overhaul-of-taxi-sector-with-digital-platform-and-driver-training

Cyprus authorities are moving forward with plans to overhaul the professional taxi sector, with a focus on technology and modernization....

8. Cyprus real estate embraces cryptocurrency payments

https://knews.kathimerini.com.cy/en/business/cyprus-real-estate-embraces-cryptocurrency-payments

In Cyprus, property transactions are gradually moving beyond traditional cash payments. Increasingly, buyers and sellers are turning to cryptocurrencies, a trend that real estate professionals and legal experts say is growing....

9. Cyprus to boost wages for nearly half the workforce amid rising costs

https://knews.kathimerini.com.cy/en/business/cyprus-to-boost-wages-for-nearly-half-the-workforce-amid-rising-costs

Cyprus is set to spend more next year, with the 2026 budget estimating total expenditures, including loan repayments, interest, and investments, at €13.7 billion, up from €12.9 billion in 2025. Personnel costs, including pensions and gratuities, are expected to rise by roughly 4.2%, reaching €3.7 billion....

10. When ''ATA for All'' becomes ATA for no one

https://knews.kathimerini.com.cy/en/comment/opinion/when-ata-for-all-becomes-ata-for-no-one

And here we are. The government’s big promises and bold declarations over the Cost-of-Living Allowance (ATA) have officially run out of road. Remember when officials were preaching “ATA for all,” even pushing protesters to turn the slogan into rally signs? ...

11. Greece targets Cyprus-linked ''mailbox'' companies for tax evasion

https://knews.kathimerini.com.cy/en/business/greece-targets-cyprus-linked-mailbox-companies-for-tax-evasion

Greek tax authorities have launched a sweeping crackdown on thousands of businesses that have shifted their headquarters to Bulgaria, Romania and Cyprus while continuing to operate primarily in Greece....

12. The countdown begins for Cyprus’ turn at the EU helm

https://knews.kathimerini.com.cy/en/news/the-countdown-begins-for-cyprus-turn-at-the-eu-helm

Cyprus is ramping up preparations as it gets ready to take over the Presidency of the Council of the European Union in the first half of 2026, a role that will put the country at the center of EU decision-making for six months....

13. Daily GenAI users see higher pay, job security and productivity – while a third of the global workforce regularly feel overwhelmed: PwC

https://knews.kathimerini.com.cy/en/business/daily-genai-users-see-higher-pay-job-security-and-productivity-–-while-a-third-of-the-global-workforce-regularly-feel-overwhelmed-pwc

Workers who used generative AI (GenAI) daily over the last year report being more productive, and seeing higher job security and pay, according to PwC’s 2025 Global Workforce Hopes & Fears Survey....

14. Coral Cyprus (Shell Licensee) launches the new campaign for the latest generation of Shell V-Power fuels

https://knews.kathimerini.com.cy/en/news/coral-cyprus-shell-licensee-launches-the-new-campaign-for-the-latest-generation-of-shell-v-power-fuels

Coral Cyprus (Shell Licensee) is launching its new campaign for the latest generation of Shell V-Power fuels - Shell’s most advanced fuels designed with next-generation cleaning technology that removes 100% of deposits from critical engine parts and prevents their future build-up....

15. Cyprus wages lag behind EU average, though growth continues

https://knews.kathimerini.com.cy/en/news/cyprus-wages-lag-behind-eu-average-though-growth-continues

Now that the Cost of Living Allowance agreement was signed yesterday, it’s a good moment to take a closer look at how Cypriots’ salaries stack up against their European neighbors, and the numbers tell an eye-opening story....

16. Rich young people under 41

https://knews.kathimerini.com.cy/en/comment/opinion/rich-young-people-under-41

We were glad to hear that the government will keep several housing schemes running in 2026. That’s good news, at least on paper....

17. Tax audits bring in nearly €30 million as MPs press for tougher checks

https://knews.kathimerini.com.cy/en/business/tax-audits-bring-in-nearly-€30-million-as-mps-press-for-tougher-checks

Cyprus’ Tax Department says it pulled in almost €30 million over the past two years after stepping up audits on companies flagged as high-risk, according to testimony before the Parliamentary Audit Committee on Friday....

18. Cyprus to seal deal today on ATA payments

https://knews.kathimerini.com.cy/en/business/cyprus-to-seal-deal-today-on-ata-payments

Cyprus is set to take a key step in labor relations with the signing of an agreement in principle on the Automatic Wage Adjustment (ATA), government officials announced Thursday....

19. Cyprus carries heavier migration burden than most EU states, report finds

https://knews.kathimerini.com.cy/en/news/cyprus-carries-heavier-migration-burden-than-most-eu-states-report-finds

Cyprus is still carrying a heavier migration burden than most other EU countries, even though the number of irregular arrivals has dropped sharply, according to the European Union’s first Annual Report on Asylum and Migration....

20. Progressive New York

https://knews.kathimerini.com.cy/en/comment/opinion/progressive-new-york

Much has been written about the triumphant victory of 34-year-old Zoran Mamdani in New York, and rightly so. ...

21. Cyprus restaurants cleaner and friendlier, but prices all over the map

https://knews.kathimerini.com.cy/en/business/cyprus-restaurants-cleaner-and-friendlier-but-prices-all-over-the-map

Cyprus restaurants may be cleaner and more polite these days, but diners are still facing wild price swings and patchy service, according to the annual assessment by the Cyprus Consumers Association....

22. Cyprus real estate transfers hit nearly €3.5 billion in first nine months of 2025

https://knews.kathimerini.com.cy/en/news/cyprus-real-estate-transfers-hit-nearly-€3-5-billion-in-first-nine-months-of-2025

Cyprus’ real estate market continues to shine, with property transfers reaching nearly €3.5 billion in the first nine months of 2025, up 12.6% from the same period last year, according to the Real Estate Agents Registration Council....

23. Cyprus tops EU in food, drink and tobacco sales in September

https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-in-food-drink-and-tobacco-sales-in-september

Cyprus saw a big jump in food, drink, and tobacco sales in September 2025, with people buying 10.4% more than the same month last year, Eurostat says. That’s the highest increase in the European Union, far above the EU average of just 0.5% and the eurozone’s 1% rise....

24. Bank of Cyprus posts €353 million profit in 2025 despite lower interest income

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-€353-million-profit-in-2025-despite-lower-interest-income

Bank of Cyprus reported profits of €353 million for the first nine months of 2025, slightly below the €401 million earned in the same period last year but still showing solid results in a cooling economy....

25. Jumbo buys out shopping mall from Eurobank in €10.8M deal

https://knews.kathimerini.com.cy/en/business/jumbo-buys-out-shopping-mall-in-€10-8m-deal-with-eurobank

Retail heavyweight Jumbo has expanded its footprint in Greece, finalizing a €10.8 million cash deal to buy out the VESO MARE shopping center in Patras from Eurobank....

26. Cyprus This Week: Banks, MOTs and tax talks stir debate

https://knews.kathimerini.com.cy/en/news/cyprus-this-week-banks-mots-and-tax-talks-stir-debate

Cyprus’ headlines this week reflect a mix of economic, labor, and public safety issues, from banks rewarding employees handsomely to questions about who is really keeping the country’s roads safe. ...

27. Cyprus considers raising family income limit in major tax reform

https://knews.kathimerini.com.cy/en/business/cyprus-considers-raising-family-income-limit-in-major-tax-reform

Finance Minister Makis Keravnos said Friday he is open to raising the family income ceiling for tax deductions to €90,000 from the proposed €80,000, noting that ''the cost is not prohibitive.''...

28. Global food prices drop for second month in a row

https://knews.kathimerini.com.cy/en/business/global-food-prices-drop-for-second-month-in-a-row

Global food prices continued their downward trend in October, marking a second consecutive monthly decline, the United Nations Food and Agriculture Organization (FAO) reported on Friday....

29. Christodoulides: Government weighs next steps after employers reject COLA proposal

https://knews.kathimerini.com.cy/en/news/christodoulides-government-weighs-next-steps-after-employers-reject-cola-proposal

President Nikos Christodoulides has indicated that the government is considering alternative approaches to the Cost of Living Allowance (COLA) after employers’ organizations rejected its proposed permanent agreement....

30. Bank of Cyprus cuts staff again with new severance offer

https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-cuts-staff-again-with-new-severance-offer

The Bank of Cyprus is downsizing again, launching a new voluntary exit plan for 40 to 50 employees as it seeks to cut staff and rein in expenses....

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