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12° Nicosia,
31 August, 2026
 

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Displaying results 1-30 of 3531 matches for query Economy.

1. Limassol life: Sea views, city buzz—and ''Monaco'' prices, almost

https://knews.kathimerini.com.cy/en/news/limassol-life-sea-views-city-buzz—and-monaco-prices-almost

Life in Limassol is not just more expensive on paper—or in the minds of Cypriots. The figures now confirm that living in the coastal city costs more than living in the capital, with housing creating the biggest burden....

2. €610 million plan to rebuild Cyprus livestock farming

https://knews.kathimerini.com.cy/en/news/€610-million-plan-to-rebuild-cyprus-livestock-farming

Cyprus is considering a €610 million overhaul of its livestock industry after the foot-and-mouth disease crisis exposed serious weaknesses in the way farms operate....

3. Back to school: Parents cheer, children groan and wallets brace for impact

https://knews.kathimerini.com.cy/en/news/back-to-school-parents-cheer-children-groan-and-wallets-brace-for-impact

Back to school! Three little words that have parents clapping, cheering and quietly counting the days, while children contemplate the horror of alarm clocks, homework and getting out of bed before the sun has properly introduced itself....

4. Cyprus unemployment falls to 3.6% as more people find work

https://knews.kathimerini.com.cy/en/news/cyprus-unemployment-falls-to-3-6-as-more-people-find-work

Finding a job in Cyprus appears to be getting easier, at least on paper....

5. Forced to retire, then charged for it? Cyprus workers challenge 12% pension cut

https://knews.kathimerini.com.cy/en/news/forced-to-retire-then-charged-for-it-cyprus-workers-challenge-12-pension-cut

Imagine being told by law that you must retire, and then having your pension reduced because you retired ''early.''...

6. Cyprus awaits its September report card, but will households feel it?

https://knews.kathimerini.com.cy/en/business/cyprus-awaits-its-september-report-card-but-will-households-feel-it

Cyprus will receive a series of important financial report cards in September, when three international rating agencies take a fresh look at the country’s economy....

7. Mortgage relief may have to wait as ECB official calls for higher rates

https://knews.kathimerini.com.cy/en/news/mortgage-relief-may-have-to-wait-as-ecb-official-calls-for-higher-rates

Anyone in Cyprus waiting for mortgage payments to come down may have to wait a little longer....

8. Artemion, the Holocaust and the Israelis' title deeds

https://knews.kathimerini.com.cy/en/comment/opinion/artemion-the-holocaust-and-the-israelis-title-deeds

Any Jew who set foot in Cyprus was subject to immediate execution. No questions asked. The law was clear and absolute, and it included stranded sailors and shipwreck survivors, cast ashore by ''the wind of the sea.''...

9. Cyprus may be far from Iran, but it won’t escape the fallout

https://knews.kathimerini.com.cy/en/news/cyprus-may-be-far-from-iran-but-it-won-t-escape-the-fallout

Cyprus once again finds itself exposed to geopolitical developments and international turmoil. Renewed tensions between the United States and Iran, along with measures being considered by the Trump administration, are raising concerns about the possible impact on Europe and, by extension, Cyprus. ...

10. António Costa takes Europe’s priorities on the road...with Cyprus on his itinerary

https://knews.kathimerini.com.cy/en/news/antonio-costa-takes-europe-s-priorities-on-the-road-with-cyprus-on-his-itinerary

European Council President António Costa is taking Brussels on tour, not for ceremony, but to hear directly from national leaders before the EU makes some of its biggest decisions in years....

11. Listening to Europe, building its future

https://knews.kathimerini.com.cy/en/comment/opinion/listening-to-europe-building-its-future

Once I was elected President of the European Council, I decided to visit each member state every year, to meet bilaterally with each European leader. ...

12. RICS Cyprus Property Price Index with KPMG in Cyprus announces results of 2026Q2

https://knews.kathimerini.com.cy/en/business/rics-cyprus-property-price-index-with-kpmg-in-cyprus-announces-results-of-2026q2

KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for the second quarter of 2026....

13. Cyprus Central Bank could get a German-style shake-up

https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-could-get-a-german-style-shake-up

The Central Bank of Cyprus may soon be run rather differently, with a German-inspired governance model intended to spread responsibility beyond the governor’s office and modernize how one of the country’s most important institutions operates....

14. Marinos Mousiouttas: ''Fairness for today’s retirees, security for tomorrow’s pensioners''

https://knews.kathimerini.com.cy/en/news/marinos-mousiouttas-fairness-for-today-s-retirees-security-for-tomorrow-s-pensioners

Labour and Social Insurance Minister Marinos Mousiouttas explains the government’s proposed pension reform to Kathimerini....

15. The growing footprint of the Israeli presence

https://knews.kathimerini.com.cy/en/news/the-growing-footprint-of-the-israeli-presence

In Latchi, Trozena and Polemidia—three very different parts of Cyprus—three separate Israeli-backed developments are under way....

16. PASYXE calls for whistleblowers over allegations of illegal hotel employment

https://knews.kathimerini.com.cy/en/news/pasyxe-calls-for-whistleblowers-over-allegations-of-illegal-hotel-employment

The Cyprus Hotel Association (PASYXE) says it has received no reports or evidence of illegal employment at hotels represented by the association, while inviting anyone with information to come forward....

17. Your wallet wasn’t imagining it: Cyprus prices are climbing faster than most of Europe

https://knews.kathimerini.com.cy/en/news/your-wallet-wasn-t-imagining-it-cyprus-prices-are-climbing-faster-than-most-of-europe

If your salary seems to be disappearing more quickly than it did a year ago, the latest figures offer an uncomfortable explanation: Cyprus now has one of the highest inflation rates in the European Union....

18. Should bad tenants have a ''Credit Score''?

https://knews.kathimerini.com.cy/en/comment/opinion/should-bad-tenants-have-a-credit-score

Over the many years I have worked in the real estate sector, I have seen the Cypriot property market go through all kinds of ups and downs. I have experienced economic cycles, managed complex investments, and worked with a huge range of professionals and organizations. ...

19. Why Cyprus is vulnerable to the climate crisis

https://knews.kathimerini.com.cy/en/news/why-cyprus-is-vulnerable-to-the-climate-crisis

“Net zero” is not just a slogan. It is a legal obligation to reach climate neutrality by 2050. The roadmap requires a 55 percent cut in net emissions by 2030 from 1990 levels and, under the revised Climate Law finished in February, a 90 percent cut by 2040....

20. Retiring at 63? Your pension penalty could drop from 12% to 8%

https://knews.kathimerini.com.cy/en/news/retiring-at-63-your-pension-penalty-could-drop-from-12-to-8

The submission of the pension reform bill to the social partners marks the beginning of the final stage of a long-running effort to modernize Cyprus’ social insurance system....

21. Goodbye, IBAN: Cyprus prepares to send money by phone number

https://knews.kathimerini.com.cy/en/business/goodbye-iban-cyprus-prepares-to-send-money-by-phone-number

Work is expected to gather pace in September on a project that will allow people in Cyprus to transfer money using only a mobile phone number. The system will be based on Greece’s IRIS service but adapted for the Cypriot market....

22. Same hotel, same job, different pay

https://knews.kathimerini.com.cy/en/news/same-hotel-same-job-different-pay

The person cleaning your hotel room, serving your drink or preparing your dinner may be working inside the hotel, but not actually for it....

23. Cyprus gaming revenue is closing in on tourism...who knew?

https://knews.kathimerini.com.cy/en/business/cyprus-gaming-revenue-is-closing-in-on-tourism-who-knew

Cyprus has long been known for tourism, shipping and financial services. Video games rarely make the list....

24. Cyprus economy grows more than three times faster than eurozone

https://knews.kathimerini.com.cy/en/business/cyprus-economy-grows-more-than-three-times-faster-than-eurozone

Cyprus recorded 3.3% real GDP growth in the second quarter of 2026, putting the economy on a significantly stronger growth path than the eurozone, where expansion was 1%, Finance Minister Makis Keravnos said Friday....

25. The €109 million strategy that aims to transform Cyprus’ agriculture sector

https://knews.kathimerini.com.cy/en/news/the-€109-million-strategy-that-aims-to-transform-cyprus-agriculture-sector

The “Strategy for the Development of the Primary Sector” is moving forward with a major economic footprint and an implementation timeline through 2029. It includes 11 actions with a total budget of €109.3 million. ...

26. Coming elections put banks back in the spotlight

https://knews.kathimerini.com.cy/en/news/coming-elections-put-banks-back-in-the-spotlight

Cyprus’ banks have reported strong profits since 2022. Although that momentum slowed during 2025, the European Central Bank’s interest rate increases in 2026, introduced in response to renewed inflationary pressures, are expected to give earnings another boost....

27. New-home sales tumble as buyers look below €300,000

https://knews.kathimerini.com.cy/en/news/new-home-sales-tumble-as-buyers-look-below-€300-000

Cyprus’ property market lost considerable ground in the second quarter of the year, with recorded sales of new-build apartments and houses falling by 42.2% and their total value dropping by 46.6%....

28. Nikos Christodoulides: Expectation vs. result

https://knews.kathimerini.com.cy/en/news/nikos-christodoulides-expectation-vs-result

If the President decides to run for a second term, as all signs suggest he will, he cannot go back to voters in 2028 relying on the same sense of promise that brought him to power in 2023. By 2028, he will need concrete results, measured directly against his initial campaign promises....

29. Paphos airport passenger traffic rebounds despite difficult tourism season

https://knews.kathimerini.com.cy/en/business/paphos-airport-passenger-traffic-rebounds-despite-difficult-tourism-season

Paphos Airport recorded a 7% increase in passenger traffic in July compared with the same month last year, offering one of the clearest signs yet that travel demand is recovering after a difficult start to 2026....

30. Nina Schick, a leading voice on sovereign AI, joins Digital Agenda Cyprus Summit 2026

https://knews.kathimerini.com.cy/en/news/nina-schick-a-leading-voice-on-sovereign-ai-joins-digital-agenda-cyprus-summit-2026

She has advised the NATO secretary-general, briefed former U.S. President Joe Biden and worked with the U.S. Army, the United Nations and Mastercard on issues involving sovereignty, security and the strategic power of artificial intelligence....

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