https://knews.kathimerini.com.cy/en/comment/opinion/a-lifeline-for-small-businesses-or-another-state-monster
European countries generally do not create state-run mechanisms that directly provide loans to small and medium-sized enterprises. Governments across Europe tend to avoid such structures because they are costly, bureaucratic, and often overlap with the role already played by banks....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-executives-recognized-among-emea-s-top-performers
The Bank of Cyprus has received several distinctions in Extel’s annual survey of management teams of listed companies in the EMEA region, with the group's executive director of financial management, Eliza Livadiotou, securing first place in the Best CFO category based on votes from sell-side analysts....
https://knews.kathimerini.com.cy/en/news/families-have-few-choices-as-elderly-people-with-mental-illnesses-enter-care-homes
When V.'s father was diagnosed with psychosis and dementia, his family had nowhere else to turn. Unable to care for him at home and with no specialist residential facilities available, they placed him in an elderly care home, a situation experts say is becoming increasingly common in Cyprus....
https://knews.kathimerini.com.cy/en/news/nicosia-mayor-says-ledras-and-onasagorou-upgrade-is-unavoidable-and-long-overdue
The regeneration project of Ledras and Onasagorou pedestrian streets is ''necessary in every respect,'' Nicosia Mayor Charalambos Prontzos said, stressing that the municipality understands the concerns raised by some business owners but believes the upgrade cannot be delayed any longer....
https://knews.kathimerini.com.cy/en/news/cyprus-gets-new-fiscal-council-chief-as-focus-turns-to-public-finances
Economist Dr. Andreas Charalambous officially took over as president of the Fiscal Council of Cyprus on Monday, succeeding Michalis Persianis, who has led the independent body in recent years....
https://knews.kathimerini.com.cy/en/news/millions-lost-cyprus-connection-inside-the-eu-probe-into-an-alleged-vat-fraud-network
A major European investigation into an alleged €46.9 million VAT fraud scheme has put a network of companies with links to Cyprus under scrutiny, with authorities looking into how small electronic devices may have been used to move millions of euros through a complex tax fraud operation....
https://knews.kathimerini.com.cy/en/news/commission-approves-€120-million-recovery-fund-payment-for-cyprus
Cyprus is set to receive another €120 million after the European Commission approved the country's sixth payment request under the Recovery and Resilience Facility (RRF), the flagship funding programme of NextGenerationEU....
https://knews.kathimerini.com.cy/en/business/limassol-s-job-market-stays-strong-as-finance-and-tech-companies-continue-hiring
While many people are watching the cost of living and wondering where the next job opportunities will come from, Limassol’s employment market continues to show signs of strength, particularly in the finance and technology sectors....
https://knews.kathimerini.com.cy/en/news/a-new-safety-net-for-cyprus-banks-or-a-brake-on-the-economy
The news that the Central Bank of Cyprus is considering activating the Systemic Risk Buffer came as a ''bombshell'' for local banks and, as expected, has divided opinion....
https://knews.kathimerini.com.cy/en/business/pwc-cyprus-once-again-supports-the-invest-cyprus-international-investment-awards
PwC Cyprus participated as Platinum Sponsor of the 14th Invest Cyprus International Investment Awards, marking thirteen consecutive years of support for one of the country’s most important institutions dedicated to recognising international investors....
https://knews.kathimerini.com.cy/en/business/financial-clarity-a-key-driver-of-sme-stability-in-cyprus
Small and medium-sized enterprises (SMEs) are central to the Cypriot economy. Yet, as the business environment evolves, many organisations are facing increasing pressure to manage not only growth, but also financial accuracy, compliance, and planning....
https://knews.kathimerini.com.cy/en/life/cyprus-marks-15-years-since-the-mari-explosion
Cyprus is today remembering the 13 men who lost their lives in the 2011 explosion at the Evangelos Florakis Naval Base in Mari, one of the country's most devastating peacetime disasters....
https://knews.kathimerini.com.cy/en/comment/opinion/when-you-re-paying-three-times-more
Cyprus has a small, remote and open economy built around services. Those services rely on electricity every hour of every day to operate without interruption. It is no exaggeration to say that affordable power is the oxygen of a service economy....
https://knews.kathimerini.com.cy/en/business/invest-cyprus-honours-international-companies-at-the-14th-invest-cyprus-international-investment-awards
Invest Cyprus congratulates the companies recognised at the 14th Invest Cyprus International Investment Awards, acknowledging their contribution to the growth of the Cypriot economy....
https://knews.kathimerini.com.cy/en/business/president-confirms-second-chance-for-2013-bail-in-compensation-claims
President Nikos Christodoulides has confirmed that the online portal for compensation claims linked to Cyprus' 2013 banking crisis will reopen, giving eligible depositors and holders of bank securities another opportunity to submit applications if they missed the original deadline....
https://knews.kathimerini.com.cy/en/business/there-are-plenty-of-jobs-but-the-right-workers-are-missing
The mismatch between employers' needs and the available workforce presents a greater challenge than labor shortages in key sectors of the Cypriot economy because it negatively affects both business competitiveness and the efficient use of available workers....
https://knews.kathimerini.com.cy/en/news/cypriot-cabinet-approves-€6-35-million-in-new-aid-to-clear-foot-and-mouth-compensation-claims
The Cypriot government has finalized two new financial relief packages totaling €6.35 million to support livestock farmers recovering from a major foot-and-mouth disease crisis that began on February 20, 2026. This newly approved funding increases total state support for the sector to €39 million....
https://knews.kathimerini.com.cy/en/business/coral-cyprus-shell-licensee-strengthens-the-shell-service-station-network-with-a-new-strategic-location-in-aradippou
Coral Cyprus (Shell Licensee), which holds the licence to use the Shell trademark in Cyprus, has proceeded with the acquisition of a new service point in Aradippou, further strengthening the network of service stations bearing the Shell brand and its presence in the Larnaca district....
https://knews.kathimerini.com.cy/en/business/esm-report-says-cyprus-and-greece-are-the-only-eurozone-countries-expected-to-reduce-debt-through-2035
About half of the euro area countries, including the five member states that received assistance from the European Stability Mechanism (ESM), among them Cyprus, succeeded in reducing public debt and cutting deficits after the pandemic, thanks to the steady economic recovery and growing tax revenues....
https://knews.kathimerini.com.cy/en/business/cyprus-records-strongest-retail-sales-growth-in-the-eu
Cyprus recorded the strongest retail sales performance in the European Union in May, posting the fastest monthly and annual growth among member states, according to the latest figures released by Eurostat....
https://knews.kathimerini.com.cy/en/news/real-estate-agent-in-occupied-areas-records-her-own-airport-arrest-over-illegal-land-sales
Legal actions by the Republic of Cyprus targeting the development and sale of displaced Greek Cypriot land have drawn sharp criticism from northern business leaders, who warn that judicial enforcement is derailing efforts to rebuild diplomatic relations....
https://knews.kathimerini.com.cy/en/news/university-of-cyprus-mba-program-celebrates-excellence-at-the-school-of-economics-and-management-awards-ceremony-2025-2026
The University of Cyprus MBA Program celebrated the outstanding achievements of its students at the School of Economics and Management Awards Ceremony for the academic year 2025-2026, which was held on Monday, 29 June 2026....
https://knews.kathimerini.com.cy/en/comment/opinion/alan-greenspan-the-maestro
Alan Greenspan's tenure as head of the Federal Reserve became known as the "Great Moderation". This era was more than enough to earn the American economist the nickname "Maestro."...
https://knews.kathimerini.com.cy/en/business/business-lending-loses-momentum-because-of-the-middle-east-conflict
Bank lending in Cyprus had been on a strong upward trend for the past year and a half, but the war involving the United States, Israel, and Iran brought that pace to a stop. As a result, forecasts of slower credit growth were confirmed in March, even though Cyprus continues to perform well economically....
https://knews.kathimerini.com.cy/en/business/new-leadership-at-pwc-cyprus
Andreas Yiasemides assumes the role of CEO of PwC Cyprus as of 1 July 2026, following his election by the firm’s Partners in December 2025 for a four-year term....
https://knews.kathimerini.com.cy/en/business/cyprus-climbs-the-global-competitiveness-rankings
Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....
https://knews.kathimerini.com.cy/en/business/turkey-plans-$100-million-digital-upgrade-in-occupied-north
A Turkish-based telecommunications company has unveiled plans to invest more than $100 million in upgrading digital infrastructure in the occupied part of Cyprus, aiming to roll out fiber-optic networks and develop 5G services in the area....
https://knews.kathimerini.com.cy/en/news/when-the-numbers-look-good-but-life-doesn-t-feel-it
Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....
https://knews.kathimerini.com.cy/en/business/european-university-cyprus-and-k-treppides-co-ltd-forge-strategic-partnership-to-support-future-finance-professionals
European University Cyprus and K. Treppides & Co Ltd have officially signed a Memorandum of Understanding (MoU), establishing a long-term strategic partnership aimed at enhancing the connection between higher education and the professional services industry....
https://knews.kathimerini.com.cy/en/news/fuel-tax-relief-extended-giving-drivers-2-more-months-of-breathing-room
Cyprus motorists will continue to benefit from lower fuel taxes for at least another two months, after Parliament unanimously approved an emergency bill extending the government's fuel tax relief measure....
