https://knews.kathimerini.com.cy/en/news/europe-debates-energy-aid-as-families-fear-new-spike-in-bills
As tensions linked to the conflict in Iran continue to shake global energy markets, European finance ministers gathered in Brussels on Monday facing a question many Cypriots already know too well: how do you help people cope with rising costs without blowing a hole in state finances?...
https://knews.kathimerini.com.cy/en/business/finance-ministry-says-government-actions-helped-keep-inflation-low-in-cyprus
Government policies introduced since 2025 have played a clear role in keeping prices relatively contained, according to the Ministry of Finance, which pointed to the latest Eurostat data to support its position....
https://knews.kathimerini.com.cy/en/news/cyprus-and-lithuania-move-closer-as-leaders-pledge-stronger-eu-ties
Cyprus and Lithuania are looking to tighten their ties, with both countries signaling a stronger partnership, not just between them, but also within the European Union....
https://knews.kathimerini.com.cy/en/business/ecb-says-interest-rates-played-a-key-role-in-curbing-inflation-across-the-euro-area
The European Central Bank (ECB) says monetary policy in the euro area was highly effective during the tightening cycle of 2022 to 2023. ...
https://knews.kathimerini.com.cy/en/news/cyprus-labour-costs-rise-to-€21-7-an-hour-in-2025-eu-data-shows
New figures released by Eurostat show that Cyprus recorded an average hourly labour cost of €21.7 in 2025, with non-wage expenses accounting for just under one-fifth of total labour costs....
https://knews.kathimerini.com.cy/en/news/cyprus-ceos-highlight-key-skills-shortage-as-a-top-concern
The findings of the 15th Annual PwC Cyprus CEO Survey, in which 77 business leaders from Cyprus participated this year, provide valuable insights into the challenges and risks shaping the business environment....
https://knews.kathimerini.com.cy/en/business/government-prepares-energy-relief-measures-as-crisis-reaches-households
The energy crisis triggered by the war in the Middle East has now reached the doorstep of every Cypriot household. Like other European governments, Cyprus is one step away from rolling out measures aimed at tackling soaring energy costs and the wider cost-of-living squeeze....
https://knews.kathimerini.com.cy/en/business/war-sends-euribor-climbing-and-hits-loan-holders
The war in the Middle East has clearly increased uncertainty and is putting pressure on inflation, leading to higher costs for loans in Cyprus that are tied to Euribor. More specifically, Euribor has increased by 20 basis points since the start of the war just over 20 days ago. ...
https://knews.kathimerini.com.cy/en/news/cyprus-weighs-energy-measures-if-oil-prices-climb-above-$100
The situation in the Middle East is raising concerns, while Europe says it is preparing for a longer period of instability that could include disruptions in shipping, higher energy prices, and inflationary pressures. These remarks were made Monday in Brussels by Eurogroup President Kyriakos Pierrakakis in the presence of Kathimerini, noting that energy remains at the center of attention....
https://knews.kathimerini.com.cy/en/business/cyprus-inflation-drops-by-more-than-half-to-1-2-in-january
Cyprus recorded a notable easing of inflation at the start of 2026, placing it among the European Union’s lowest-inflation economies, according to newly released figures from Eurostat....
https://knews.kathimerini.com.cy/en/business/von-der-leyen-made-in-europe-is-necessary-but-not-a-blank-cheque
The President of the European Commission, Ursula von der Leyen, defended the strategy of “European preference” (“Made in Europe”) before the plenary session of the European Parliament, stressing that strengthening Europe’s industrial base is a crucial tool for boosting the Union’s competitiveness....
https://knews.kathimerini.com.cy/en/news/cyprus-debt-drops-faster-than-almost-anywhere-else-in-europe
Cyprus has recorded the third-largest reduction in public debt among European Union countries, President Nikos Christodoulides said on Tuesday, highlighting the island’s strong fiscal performance....
https://knews.kathimerini.com.cy/en/comment/opinion/2026-will-define-the-eurozone-s-future
The Eurozone faces a range of risks, foremost among them those stemming from the external environment. Specifically, there is the risk that global growth and international trade could be affected by a peak in geopolitical tensions....
https://knews.kathimerini.com.cy/en/news/european-banks-poised-for-€30-billion-boost-in-interest-income
European banks are poised for a financial rebound, with net interest income expected to climb by roughly €30 billion over the next two years, analysts say, as loan growth and strategic hedging offset the drag from lower interest rates....
https://knews.kathimerini.com.cy/en/business/bulgaria-ditches-lev-for-euro-amid-fears-of-price-hikes-and-political-chaos
Bulgaria is set to ditch its national currency, the lev, for the euro on Jan. 1, 2026, a move that has stirred both excitement and anxiety across the country....
https://knews.kathimerini.com.cy/en/business/€1-088-minimum-wage-and-everyone-s-furious
After intense behind-the-scenes talks that stretched right up to the holidays, the government has locked in Cyprus’ new national minimum wage at €1,088 a month, a decision that settles one debate but opens several others....
https://knews.kathimerini.com.cy/en/business/cyprus-approves-minimum-wage-increase-of-8-8-effective-january-2026
The government has approved an increase to the national minimum wage, following a Cabinet decision taken after a review of economic and social conditions. The revised rates will take effect on 1 January 2026....
https://knews.kathimerini.com.cy/en/business/greek-economy-minister-becomes-eurogroup-president
Greece’s Economy Minister Kyriakos Pierrakakis was unanimously elected president of the Eurogroup Thursday, a high-profile achievement that signals Greece’s return as a leader in European economic policy....
https://knews.kathimerini.com.cy/en/comment/opinion/debt-surge-ahead-can-the-eurozone-outgrow-its-risks
The Eurozone is entering a phase of rising investments, public debt, and real interest rates. In this challenging environment, economic growth is essential to maintain balance. ...
https://knews.kathimerini.com.cy/en/business/cyprus-to-close-2025-with-debt-below-60-of-gdp
Cyprus is expected to close 2025 with a public debt-to-GDP ratio of 55.3%, well below its target of 60%, the Finance Ministry said....
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....
https://knews.kathimerini.com.cy/en/news/europe-s-economy-takes-a-breather-but-cyprus-isn-t-immune-to-the-cough
Europe’s economy is trying to catch its breath. Exports are slumping, inflation is lingering, and policymakers are now counting on people’s paychecks and steady jobs to keep things from stalling completely....
https://knews.kathimerini.com.cy/en/business/cyprus-posts-4-9-unemployment-in-september-2025-among-eu-s-lowest
Recent figures from Eurostat show that Cyprus continues to perform strongly in the labor market, recording an unemployment rate of 4.9% in September 2025. ...
https://knews.kathimerini.com.cy/en/comment/opinion/france-does-not-reform
France is a country that does not reform, at least not without blood and plenty of protest. Its history proves this. In fact, it is from France that we ourselves imported large doses of the culture of questioning and dissent....
https://knews.kathimerini.com.cy/en/news/cyprus-emerges-as-european-hub-for-drone-technology
Cyprus is emerging as a strategic hub for high-tech companies developing unmanned and defense systems, thanks to its neutral geopolitical profile and unique regulatory advantages, industry experts say....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-join-eurozone-s-instant-transfers
Starting Thursday, October 9, all Eurozone banks, including those in Cyprus, will be required not only to process instant payments but also to verify the recipient’s name and IBAN when executing transfers....
https://knews.kathimerini.com.cy/en/business/cyprus-records-zero-inflation-as-eurozone-prices-continue-rising
Cyprus recorded no inflation in September, standing out from the rest of the eurozone where consumer prices continued to rise, according to preliminary data released Tuesday by the European Union’s statistics agency....
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/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/news/cyprus-begins-€44m-payouts-to-2013-bailout-victims
More than 4,500 people who lost money in Cyprus’ 2013 banking collapse are finally seeing compensation, with €44.36 million being paid out on Thursday, officials said....
