https://knews.kathimerini.com.cy/en/comment/opinion/why-are-cypriot-businesses-being-sold-off-to-foreign-interests
Greek businesses have made a significant impact on the Cypriot market, investing across virtually every sector—from real estate and hospitals to supermarkets, toy stores, energy, electronics, car dealerships, and even banks....
https://knews.kathimerini.com.cy/en/news/golden-passport-scandal-trial-postponed-for-ex-minister-and-associates
The high-profile case involving naturalizations under the Cyprus Investment Program has been postponed, with proceedings now set to resume on March 18, 2025....
https://knews.kathimerini.com.cy/en/news/unions-push-back-on-new-foreign-worker-rules
Trade unions are clashing over the proposed framework for regulating the employment of workers from third countries. ...
https://knews.kathimerini.com.cy/en/business/your-direct-path-to-dubai-through-ifza
LLPO Law Firm is proud to organise a Free Business Networking Event in Cyprus, in collaboration with IFZA Dubai (an International Free Zone Authority),...
https://knews.kathimerini.com.cy/en/news/heading-to-the-greek-islands-ferry-prices-are-going-up
If you’re dreaming of sailing to Greece’s picturesque islands, it’s time to budget a little extra. ...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-see-€1-billion-in-profits-as-npl-s-decline-in-2024
Cypriot banks reported impressive financial growth in the first nine months of 2024, with total profits reaching €952.5 million after taxes, a sharp rise from €602.92 million by mid-year.
...
https://knews.kathimerini.com.cy/en/business/president-s-banking-measures-spark-surge-in-first-home-loans
President Nikos Christodoulides' efforts to support citizens through new banking measures are beginning to yield results. Meetings held in December with the CEOs of Cyprus’ two major banks, Bank of Cyprus (BoC) and Hellenic Bank (HB), appear to have sparked a tangible interest in first-home mortgage schemes....
https://knews.kathimerini.com.cy/en/news/first-cypriot-appointed-to-helm-global-shipping-powerhouse
The appointment of a Cypriot as Secretary General/CEO of the International Chamber of Shipping (ICS) is a major vote of confidence in the Cypriot shipping industry....
https://knews.kathimerini.com.cy/en/news/greece-cracks-down-on-airbnb-rentals
In a bold step to address its worsening housing crisis, Greece has introduced sweeping legislation to clamp down on short-term rentals listed on platforms like Airbnb. ...
https://knews.kathimerini.com.cy/en/business/orthodoxou-aviation-ltd-–-general-sales-representative-of-anima-wings-in-cyprus
We are pleased to announce that starting from May 2024, Orthodoxou Aviation Ltd has been appointed as the General Sales Agent (GSA) of Anima Wings in Cyprus, ...
https://knews.kathimerini.com.cy/en/news/cyprus-house-prices-rise-for-11th-consecutive-quarter
House prices in Cyprus are on the rise again, according to the latest figures from the Statistical Service. ...
https://knews.kathimerini.com.cy/en/business/greek-investor-set-to-acquire-superhome-center-in-cyprus
The sale of Superhome Center DIY LTD to a Greek investor is moving forward, with the final deal expected to be concluded in the coming weeks....
https://knews.kathimerini.com.cy/en/business/cyprus-greece-and-egypt-team-up-to-boost-business-opportunities
Entrepreneurs and businesses eyeing opportunities in the Eastern Mediterranean have reason to celebrate. Cyprus, Greece, and Egypt have formalized a powerful partnership with the establishment of a Trilateral Business Council...
https://knews.kathimerini.com.cy/en/business/the-dragon-threatens-citrus-and-exports
The Ministry of Agriculture, Rural Development, and Environment is requesting the support of local authorities to prevent the destruction of the island’s citrus crops....
https://knews.kathimerini.com.cy/en/business/government-and-larnaca-reach-agreement-on-port-and-marina-development
An agreement has been reached between the government and Larnaca stakeholders regarding the future development of the city’s port and marina,...
https://knews.kathimerini.com.cy/en/business/cyprus-aims-for-cheaper-electricity-with-competitive-market-by-2025
The government is ramping up efforts to bring down electricity costs for households and businesses by July 2025 through the introduction of a competitive electricity market, Energy Minister George Papanastasiou announced on Tuesday. ...
https://knews.kathimerini.com.cy/en/news/it-jobs-top-demand-in-the-eu-what-this-means-for-cyprus
In today's digital world, IT specialists are in high demand across Europe, and it’s no surprise. According to recent data from Eurostat, IT professionals top the list of the most sought-after workers in the EU...
https://knews.kathimerini.com.cy/en/news/eu-and-turkey-edge-closer-to-modernizing-customs-union
A significant effort is underway to modernize the Turkish Customs Union, a landmark economic arrangement that has governed trade between Turkey and the European Union (EU) since 1996. ...
https://knews.kathimerini.com.cy/en/news/a-little-extra-for-everyone-as-pensions-get-a-new-year-s-boost
The Council of Ministers has approved an increase in pensions from the Social Insurance Fund (TKA) starting in January 2025....
https://knews.kathimerini.com.cy/en/business/more-spending-in-cyprus-but-prices-are-rising
Cyprus is seeing more people shopping and spending money, but higher prices are still affecting the cost of living. New data shows that in November 2024, both the amount of goods sold and the money spent in retail stores went up compared to last year....
https://knews.kathimerini.com.cy/en/life/how-22-billion-pounds-of-coffee-waste-could-save-the-environment
What if your daily cup of coffee did more than fuel your morning? What if it also helped build stronger, greener cities? ...
https://knews.kathimerini.com.cy/en/news/us-cyprus-partnership-deepens-with-uss-indiana-visit
The relationship between the United States and Cyprus is becoming stronger as both countries work together more closely, especially in defense and security. ...
https://knews.kathimerini.com.cy/en/news/2024-a-year-of-change-and-controversy-in-cyprus
2024 was a year of upheaval and drama for Cyprus, marked by significant changes, political reshuffling, court decisions, and constitutional challenges. The events listed below highlight some of the most important moments that defined the year.
...
https://knews.kathimerini.com.cy/en/news/tatar-calls-for-new-framework-for-cyprus-talks-in-new-year-message
In his New Year message, Turkish Cypriot leader Ersin Tatar focused on the ongoing Cyprus problem and the economic challenges facing the Turkish Cypriot community. ...
https://knews.kathimerini.com.cy/en/news/cyprus-increases-interest-rates-on-arrears-and-court-cases-for-2025
Starting January 1, 2025, Cyprus is increasing interest rates related to arrears and court cases, which could affect anyone with overdue debts to the state or those involved in legal disputes....
https://knews.kathimerini.com.cy/en/comment/opinion/the-bizonal-myth-reuniting-cyprus-by-keeping-it-apart
Nearly half a century since the term ''Bizonal Bicommunal Federation'' entered the political discourse in Cyprus, no political party or government has ever explained to the public what this term truly means....
https://knews.kathimerini.com.cy/en/business/2024-a-year-that-seriously-damaged-cyprus-s-investment-reputation
2024 will go down in history as a year that seriously damaged Cyprus’s investment reputation, with the collapse of several high-profile state projects....
https://knews.kathimerini.com.cy/en/business/europe-s-salary-showdown
Curious about which European countries are paying the best?...
https://knews.kathimerini.com.cy/en/news/homeownership-in-cyprus-drops-below-eu-average
In 2023, 68.8% of Cypriots owned their homes, slightly below the EU average of 69.2%, according to Eurostat. Conversely, 31.2% of the population lived in rented housing, just above the EU average of 30.8%....
https://knews.kathimerini.com.cy/en/news/1-general-strike-continues-in-occupied-areas-over-cost-of-living-reforms
The general strike called by 32 unions across both public and private sectors in the occupied territories continues for a second day today, as workers protest proposed amendments to key regulations affecting their livelihoods. ...
