https://knews.kathimerini.com.cy/en/business/cyprus-employers-call-cost-of-living-pay-hike-unconstitutional
Cyprus’ long-running tug-of-war over the cost-of-living allowance, known locally as ATA, has taken a sharp new turn after the country’s two largest employers’ groups declared the scheme unconstitutional for the private sector....
https://knews.kathimerini.com.cy/en/news/cypriots-fill-supermarket-carts-as-dining-out-declines
Supermarkets in Cyprus are thriving, recording strong turnover in 2024 and again this year, while restaurants and catering businesses are struggling with steep losses....
https://knews.kathimerini.com.cy/en/business/race-heats-up-for-cyprus-banking-association-s-top-job
After two decades at the helm, Michalis Kammas will step down as general manager of the Cyprus Banking Association by the end of the year, opening the door for a new face to lead the country’s powerful banking lobby....
https://knews.kathimerini.com.cy/en/news/paphos-mayor-urges-action-as-housing-becomes-out-of-reach-for-locals
The mayor of Paphos, Phaedon Phaedonos, warned Tuesday that rising real estate prices are making it increasingly difficult for ordinary Cypriots to rent or buy homes, calling on the government to take immediate action....
https://knews.kathimerini.com.cy/en/news/netanyahu-calls-in-influencers-as-israel-faces-global-backlash-over-gaza
Prime Minister Benjamin Netanyahu warned Tuesday that Israel risks economic and diplomatic isolation over international criticism of its military actions in Gaza and called for a major investment in media and social media influence campaigns to protect the country’s reputation....
https://knews.kathimerini.com.cy/en/news/limassol-rentals-from-pocket-change-to-are-you-kidding-me
Forget golden toilets or a private helicopter pad, though for €45,000 a month, you might expect both. That’s the going rent for Cyprus’ most expensive apartment, listed right now in Limassol, according to Bazaraki....
https://knews.kathimerini.com.cy/en/business/fight-over-fair-pay-for-all-heats-up
Cyprus is bracing for fresh labor tensions as the government pushes ahead with plans to extend the Automatic Cost of Living Allowance (ATA) to all workers, a pre-election pledge by President Nikos Christodoulides....
https://knews.kathimerini.com.cy/en/business/fuel-market-shake-up-under-investigation
Cyprus’s competition watchdog has launched a full investigation into Petrolina’s planned takeover of ExxonMobil Cyprus, warning the deal could harm competition in the country’s fuel market....
https://knews.kathimerini.com.cy/en/news/cyprus-roads-get-a-makeover
Cyprus is moving forward with several major road projects aimed at making travel easier, safer, and faster while also supporting local development....
https://knews.kathimerini.com.cy/en/news/enough-is-enough-atlantica-hotel-staff-strike-in-limassol
Employees at three Atlantica hotels in Limassol staged a surprise walkout Friday, accusing the company of ignoring their contracts and undermining their union rights....
https://knews.kathimerini.com.cy/en/news/eu-sets-aside-€33-7-million-for-turkish-cypriot-community-in-2025
The European Commission on Thursday approved a €33.7 million package aimed at boosting the economy of the Turkish Cypriot community and advancing efforts toward reunification of Cyprus....
https://knews.kathimerini.com.cy/en/news/union-rally-in-nicosia-demands-government-uphold-cost-of-living-adjustment
Hundreds of workers from across Cyprus gathered Thursday outside the Ministry of Finance in Nicosia to defend the Automatic Cost-of-Living Adjustment....
https://knews.kathimerini.com.cy/en/news/what-today-s-general-strike-means-for-you
Cyprus is bracing for a nationwide strike Thursday after last-ditch talks failed to resolve a standoff over the cost-of-living allowance (ATA)....
https://knews.kathimerini.com.cy/en/business/three-hour-strike-to-disrupt-flights-at-larnaca-and-paphos-airports-tomorrow
Travelers at Cyprus’ main airports should brace for delays tomorrow as a three-hour strike is expected to affect more than 50 flights at Larnaca and Paphos airports....
https://knews.kathimerini.com.cy/en/business/cyprus-launches-competitive-electricity-market-on-october-1
The Cypriot government will open a competitive electricity market on October 1, 2025, aiming to provide citizens and businesses with more affordable and reliable power while accelerating the island’s shift toward renewable energy....
https://knews.kathimerini.com.cy/en/comment/opinion/is-india-a-tariff-king-not-really
There is a widespread but fallacious perception that India's tariffs are inordinately high. There are subjective factors when it comes to a country like livability, public courtesy, or even how foreigners are welcomed....
https://knews.kathimerini.com.cy/en/news/france-s-prime-minister-ousted-as-political-turmoil-deepens
French Prime Minister François Bayrou resigned Tuesday after losing a crushing confidence vote in parliament, the third head of government toppled in 14 months....
https://knews.kathimerini.com.cy/en/news/cyprus-workers-to-strike-thursday-as-government-pushes-ata-pay-reform
Cyprus’ Labor Minister Yiannis Panayiotou made a last-minute appeal to trade unions Wednesday, urging them to hold off on Thursday’s planned general strike as he unveiled the government’s updated framework for the automatic cost-of-living adjustment, known locally as the ATA....
https://knews.kathimerini.com.cy/en/business/cyprus-brain-gain-hundreds-of-expats-eye-a-return-home
Cyprus’ new push to bring home skilled professionals living abroad is already showing strong results. Within just two weeks of launching, the Minds in Cyprus platform drew more than 300 registrations from Cypriots working in 23 different countries....
https://knews.kathimerini.com.cy/en/business/cyprus-posts-lowest-inflation-rate-in-eu-as-eurozone-holds-steady
Cyprus recorded the lowest annual inflation rate in the European Union in July, just 0.1%, as price growth across the euro area held steady at 2.0%, according to data released Friday by Eurostat....
https://knews.kathimerini.com.cy/en/comment/opinion/tourist-gentrification
Abundant Mediterranean sunshine and the enticing sea have, over the years, served as the driving forces behind our tourism industry. One discussion, however, that does not seem to have occupied us as much as perhaps it should, at least institutionally, is that of tourist gentrification....
https://knews.kathimerini.com.cy/en/business/fiba-eurobasket-2025-gives-limassol-economy-a-slam-dunk
The FIBA EuroBasket 2025 has given Limassol’s economy a major shot in the arm, with hotels, restaurants, and shops reporting a surge in business as thousands of fans, teams, and journalists poured into the city....
https://knews.kathimerini.com.cy/en/business/august-newsletter-of-k-treppides-co-ltd-–-29-08-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...
https://knews.kathimerini.com.cy/en/comment/opinion/consulting-the-outside-world-and-other-matters
The Ministry of Finance, implementing the governance program of Nikos Christodoulides, has put six tax reform bills out for consultation with outside experts and stakeholders....
https://knews.kathimerini.com.cy/en/news/cyprus-minister-calls-power-cable-‘unsustainable-sparking-pushback-from-athens
Cyprus’ finance minister set off a storm this week after questioning whether a long-delayed electricity link between Cyprus, Greece, and Israel can actually work under current terms....
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-opposition-leader-warns-against-two-state-plan
Tufan Erhurman, leader of the Republican Turkish Party (RTP) and candidate for Turkish Cypriot leader, has warned that pursuing a ''two-state'' solution on the island would strip Turkish Cypriots of their rights and weaken their international standing....
https://knews.kathimerini.com.cy/en/business/cyprus-braces-for-nationwide-strike-over-cost-of-living-dispute
Cyprus is bracing for a nationwide strike next week, after trade unions announced a three-hour walkout on Sept. 11 in protest over stalled talks on the cost-of-living allowance known as ATA....
https://knews.kathimerini.com.cy/en/business/cyprus-moves-to-tighten-foreign-investment-rules-boost-transparency
Cyprus is set to introduce stricter controls on foreign investments in a new bill aimed at protecting critical sectors while keeping the country attractive to reliable investors....
https://knews.kathimerini.com.cy/en/news/falling-birthrates-force-greece-to-suspend-hundreds-of-schools
Greece will suspend operations at more than 700 schools this academic year as the country’s demographic crisis drives student enrollment to record lows, officials said....
https://knews.kathimerini.com.cy/en/business/blackrock-becomes-the-second-largest-shareholder-of-freedom-holding-corp
Freedom Holding Corp. (NASDAQ: FRHC), a global financial services and technology company and the parent company of the Freedom24 investment platform, announced that BlackRock has increased its stake in the company to 0.85%, investing about $89 million....