https://knews.kathimerini.com.cy/en/news/cyprus-state-sector-remains-large
The 2027 state budget, approved by the Cabinet this week, points to an effort to reduce the number of permanent public-sector positions. Even so, the state sector remains large....
https://knews.kathimerini.com.cy/en/business/cyprus-rejects-three-eu-revenue-proposals-as-nicosia-draws-red-lines-over-eu-funding-plans
Nicosia drew its red lines during a particularly divisive discussion among the 27 member states, which focused on both the size and composition of the EU’s “New Own Resources” (NORs), meaning the new revenue sources the European Union is proposing to use to finance the 2028-2034 European budget while partially reducing its reliance on direct contributions from member states....
https://knews.kathimerini.com.cy/en/news/nursing-students-abroad-could-receive-grants-of-up-to-€5-750
Cypriot students studying nursing or midwifery abroad could soon qualify for the same state grants offered to those attending recognized institutions in Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-may-have-been-a-stopover-in-record-ketamine-shipment
Cyprus may not have been the final destination for the record ketamine shipment uncovered in Limassol....
https://knews.kathimerini.com.cy/en/news/no-more-free-parking-cyprus-church-introduces-€2-daily-fee
Free parking is coming to an end at a church car park in Strovolos, with drivers set to pay €2 a day from next Monday....
https://knews.kathimerini.com.cy/en/news/cyprus-air-traffic-control-running-50-positions-short-of-required-staffing
Cyprus’ air traffic control system is operating with around 90 controllers, compared with an authorised requirement of 140, Parliament was told on Thursday, as MPs examined flight safety issues affecting the Nicosia Flight Information Region (FIR)....
https://knews.kathimerini.com.cy/en/news/hospitals-schools-and-beaches-avoid-strike-disruption-for-now
If you had a hospital appointment, children at school, business at a government department, or plans for a final September swim, Thursday came with one less headache....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-cannot-afford-another-pension-reform-fiasco
When the government decides to introduce a new pension system almost half a century after the major reform of 1980, it has a duty to get it right, not design it around other considerations. And let us not forget that elections are approaching....
https://knews.kathimerini.com.cy/en/business/finance-ministry-puts-hourly-workers-demands-at-€50m-as-strike-looms
The Finance Ministry has put the total cost of the demands submitted by unions representing hourly-paid workers at around €50 million over the three-year period of the proposed agreement, as a strike remains scheduled for Thursday, September 17....
https://knews.kathimerini.com.cy/en/news/budget-stays-in-surplus-as-war-and-rising-prices-squeeze-the-economy
The 2027 state budget will be presented to the Council of Ministers on Wednesday. It was prepared against a particularly challenging economic backdrop, just one week after the European Central Bank raised interest rates in an effort to contain inflationary pressures....
https://knews.kathimerini.com.cy/en/news/former-cyprus-minister-didn-t-declare-€2-4-million-of-his-assets-as-required
For most people, €2.4 million is not an amount easily overlooked. Yet an unnamed former minister in the Christodoulides government failed to include bank accounts containing roughly that amount in official asset declarations filed when entering and leaving office, according to the chairman of Parliament’s institutions committee....
https://knews.kathimerini.com.cy/en/news/the-cost-of-pension-reform
The picture surrounding pension reform continues to shift as the government and social partners discuss new scenarios and raise fresh concerns—all before the actuarial studies needed to confirm the Social Insurance Fund’s long-term stability have been completed....
https://knews.kathimerini.com.cy/en/news/government-chaos-over-the-power-cable
The president’s attempt to extinguish the latest fire surrounding the Cyprus-Europe electricity link through Crete—and clarify Nicosia’s position on the project—cannot be considered a success....
https://knews.kathimerini.com.cy/en/news/fuel-tax-cut-will-stay-but-oil-surge-threatens-to-swallow-the-saving
The government has stopped one petrol-price increase from reaching Cyprus drivers, but the international oil market may be preparing another....
https://knews.kathimerini.com.cy/en/news/ecb-raises-rates-again-as-cyprus-households-face-costlier-loans
If higher supermarket bills, electricity costs and petrol prices were not enough, some Cyprus households could now face another demand on their monthly budget: a more expensive loan....
https://knews.kathimerini.com.cy/en/business/the-boc-fintech-hackathon-7-0-is-here-build-the-future
Bank of Cyprus is organizing the 7th Innovation Marathon for application development, BoC Fintech Hackathon 7.0, which focuses on implementing proposals and digital applications around Fintech, while also combining themes such as Social Innovation, Cybersecurity, and Smart Cities, using Artificial Intelligence, with the main goal of promoting entrepreneurship.
...
https://knews.kathimerini.com.cy/en/news/cabinet-approves-new-appointments-across-key-state-bodies
The Cabinet has approved a series of new appointments to the governing boards of several public institutions, including the Cyprus Securities and Exchange Commission (CySEC), the Central Bank of Cyprus, the Youth Board of Cyprus and the National Cancer Institute....
https://knews.kathimerini.com.cy/en/news/build-your-home-on-state-land-at-25-of-its-value-do-you-qualify
For a young family watching house prices climb further out of reach, a state plot offered at just 25% of its market value sounds like the break they have been waiting for....
https://knews.kathimerini.com.cy/en/comment/opinion/gsi-inside-president-christodoulides-mind
The entry of French company Meridiam as the majority stakeholder in the consortium behind the Great Sea Interconnector (GSI) provides greater certainty about the project’s future and significantly reduces its political risk...
https://knews.kathimerini.com.cy/en/news/soaring-fuel-prices-threaten-a-new-wave-of-increases-across-cyprus
Cypriot consumers have returned to their daily routines facing steep fuel increases and the prospect of another chain reaction of higher prices for goods and services....
https://knews.kathimerini.com.cy/en/news/john-breslow-officially-begins-duties-as-us-ambassador-to-cyprus
Cyprus’ new U.S. ambassador officially took up his duties Wednesday, bringing to Nicosia a résumé that stretches from public finances and industrial gases to ice hockey, English football and nearly five decades in the cockpit....
https://knews.kathimerini.com.cy/en/news/christodoulides-says-€595-000-limousine-leak-was-meant-to-destroy-him-politically
President Nikos Christodoulides has claimed that details of a planned €595,000 armored limousine were leaked to the press in an attempt to destroy him politically ahead of elections....
https://knews.kathimerini.com.cy/en/business/cyber-fraud-the-cost-to-your-wallet-and-your-peace-of-mind
The consequences of cybercrime, online fraud, or email scams can be far-reaching, affecting both your finances and your peace of mind.
...
https://knews.kathimerini.com.cy/en/business/s-p-global-ratings-revises-freedom24-outlook-to-positive-highlighting-the-group-s-diversified-earnings-and-strong-capitalisation
Following an improved assessment of risk in the banking sector of Kazakhstan, Freedom Holding Corp.’s largest operating market, S&P Global Ratings has revised the outlook on the long-term issuer credit ratings of the group and its four core subsidiaries from stable to positive. The long- and short-term ratings on the operating subsidiaries were affirmed at BB-/B, while the rating on Freedom Holding Corp. was affirmed at B-. S&P also raised the Kazakhstan national-scale ratings on Freedom Finance JSC and Freedom Bank Kazakhstan JSC to kzA from kzA-....
https://knews.kathimerini.com.cy/en/news/cyprus-risks-being-cut-out-of-the-power-link-to-europe
The government’s decision to avoid responding to concerns and questions about the Republic of Cyprus’ energy plans is deepening the uncertainty surrounding them....
https://knews.kathimerini.com.cy/en/business/keravnos-big-companies-are-not-leaving-cyprus-over-15-tax-rule
Big companies are not packing their bags and leaving Cyprus because of the new global minimum tax, Finance Minister Makis Keravnos said Thursday, dismissing reports of a corporate exodus as speculation driven by ''individual voices.''...
https://knews.kathimerini.com.cy/en/news/eu-prepares-fresh-russia-sanctions-after-alleged-drone-plot-at-german-airport
The European Union is preparing additional measures against Russia following Germany's accusation that Moscow was behind a failed drone attack targeting Leipzig/Halle Airport, an incident that has added fresh urgency to discussions about security on European soil....
https://knews.kathimerini.com.cy/en/business/€174-million-support-package-planned-to-shield-vulnerable-groups-from-energy-costs
Vulnerable households in Cyprus are set to receive €174 million in financial support between 2027 and 2032 as the government prepares for new European energy rules that are expected to increase fuel costs....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-grows-3-3-but-is-it-reaching-your-pocket
Cyprus’ economy grew by 3.3% in the second quarter of 2026, comfortably outperforming the eurozone, but that does not necessarily mean every household is feeling richer....
https://knews.kathimerini.com.cy/en/news/fuel-tax-cut-set-to-stay-saving-drivers-8-33-cents-a-litre-until-november
Cyprus drivers are set to keep saving 8.33 cents on every litre of fuel until the end of November, after the Finance Ministry confirmed plans to extend the current reduction in fuel tax....
