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12° Nicosia,
30 March, 2026
 

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Displaying results 1-30 of 3174 matches for query Financial.

1. Half of Cyprus Got Breached Because Nobody Owns Access

https://knews.kathimerini.com.cy/en/comment/opinion/half-of-cyprus-got-breached-because-nobody-owns-access

The Digital Security Authority recently reported that one in two people and businesses in Cyprus experienced a cyberattack last year. The statistic made headlines briefly, then disappeared from conversation....

2. Finance Ministry intervenes over HIO’s €150M double payments

https://knews.kathimerini.com.cy/en/news/finance-ministry-intervenes-over-hio-s-€150m-double-payments

The explanations provided by the Health Insurance Organization (HIO) regarding reports of double payments to healthcare providers have not resolved concerns about the management of public funds. ...

3. When London considered leaving Cyprus

https://knews.kathimerini.com.cy/en/news/when-london-considered-leaving-cyprus

In the mid-1970s, Britain considered a complete withdrawal from Cyprus. A series of declassified British archival documents show that the government under Harold Wilson examined the possibility of fully removing its bases from the island....

4. Cyprus named in three separate non-compliance actions by European Commission

https://knews.kathimerini.com.cy/en/news/cyprus-named-in-three-separate-non-compliance-actions-by-european-commission

The European Commission on Friday stepped up pressure on Cyprus and a group of EU member states, launching a series of infringement procedures over delays in implementing key legislation spanning financial transparency, banking regulation and criminal justice cooperation...

5. ''We are at the tip of the iceberg'': New FMD cases push Cyprus outbreak to 49 herds

https://knews.kathimerini.com.cy/en/news/we-are-at-the-tip-of-the-iceberg-new-fmd-cases-push-cyprus-outbreak-to-49-herds

Cyprus’ Veterinary Services have confirmed three additional outbreaks of foot-and-mouth disease (FMD) within the containment zone of Dromolaxia-Meneou in Larnaca, following recent epidemiological checks and laboratory analysis....

6. Cablenet Powers Up: Giga Internet, 5G Unlimited and HBO Signal a New Era for Cyprus Connectivity

https://knews.kathimerini.com.cy/en/news/cablenet-powers-up-giga-internet-5g-unlimited-and-hbo-signal-a-new-era-for-cyprus-connectivity

Cablenet Communication Systems PLC has recently announced its financial results for the year ended 31 December 2025, reporting revenue of €69.7 million....

7. Elderly man loses €254,679, duped in online investment scam

https://knews.kathimerini.com.cy/en/news/elderly-man-loses-€254-679-duped-in-online-investment-scam

Police are investigating a major online fraud case after a 79-year-old man from Larnaca was tricked into sending more than €254,000 to scammers posing as investment advisers....

8. Audit service sounds alarm on Nicosia’s 14-year eye sore

https://knews.kathimerini.com.cy/en/news/audit-service-sounds-alarm-on-nicosia-s-14-year-eye-sore

A half-finished building on Spyros Kyprianou Avenue in Nicosia has stood as a city eyesore for 14 years, drawing the Audit Service’s criticism and raising broader questions about how Cyprus handles unfinished construction....

9. Government to roll out economic support measures today

https://knews.kathimerini.com.cy/en/news/government-to-roll-out-economic-support-measures-today

President Nikos Christodoulides is expected to announce a new package of economic support measures Thursday aimed at helping businesses and households feeling the financial ripple effects of the war in the Middle East, as rising energy costs and prices continue to weigh on the island’s economy....

10. €150m controversy: HIO denies wrongdoing, says funds were never at risk

https://knews.kathimerini.com.cy/en/news/€150m-controversy-hio-denies-wrongdoing-says-funds-were-never-at-risk

Cyprus’ Health Insurance Organization (HIO) is rejecting allegations of mismanagement and double payments within the national health system, insisting that the finances of the GeSY health fund remain fully protected despite reports suggesting otherwise....

11. PwC Foundation promotes financial literacy among young people during Global Money Week 2026

https://knews.kathimerini.com.cy/en/news/pwc-foundation-promotes-financial-literacy-among-young-people-during-global-money-week-2026

PwC Cyprus and the PwC Foundation actively supported Global Money Week 2026, which took place from 16 to 22 March 2026, by implementing the educational programme “Financial Literacy” for the fourth consecutive year. ...

12. Trump tweet sparks $580 million oil frenzy

https://knews.kathimerini.com.cy/en/business/trump-tweet-sparks-$580-million-oil-frenzy

Some traders made a staggering $580 million worth of oil bets just 15 minutes before President Donald Trump posted about “productive” talks with Iran, according to the Financial Times. ...

13. US to pay nearly $1 billion to kill wind project just as oil prices skyrocket

https://knews.kathimerini.com.cy/en/news/us-to-pay-nearly-$1-billion-to-kill-wind-project-just-as-oil-prices-skyrocket

In an almost too ironic twist, the Trump administration announced it will pay French energy giant TotalEnergies nearly $1 billion to scrap plans for offshore wind farms on the US East Coast, just as global oil and gas prices spike due to the conflict in Iran....

14. Several major airlines have cut flights as fuel costs soar

https://knews.kathimerini.com.cy/en/business/several-major-airlines-have-cut-flights-as-fuel-costs-soar

Major airlines around the world are canceling flights as the ongoing conflict in Iran drives oil prices to historic highs, forcing carriers to rethink operations and route schedules....

15. Government prepares energy relief measures as crisis reaches households

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....

16. Health Insurance Organization overpaid €150 million in duplicate claims

https://knews.kathimerini.com.cy/en/news/health-insurance-organization-overpaid-€150-million-in-duplicate-claims

An extraordinary case involving tens of millions of euros being drained from the HIO fund has been brought to light by “K.” At a time when middle- and low-income households are struggling with rising costs and widening inequality, which carries serious social consequences, officials within the HIO appear to have wasted vast sums of money. ...

17. From Cyprus to Manhattan: 25-year-old founder brings Mediterranean heat to NYC fitness scene

https://knews.kathimerini.com.cy/en/life/from-cyprus-to-manhattan-25-year-old-founder-brings-mediterranean-heat-to-nyc-fitness-scene

Forget boring spin classes and sweaty expo halls. Imagine sweating it out on a Manhattan rooftop while DJs drop beats, your friends cheer you on, and every move feels more like a celebration than a workout. ...

18. Bank of Cyprus acquires cdbBank’s healthy assets in strategic move

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-acquires-cdbbank-s-healthy-assets-in-strategic-move

Bank of Cyprus (BOC) has acquired cdbBank, taking over only the financially healthy assets of the smaller lender, according to sources close to the deal....

19. Government weighs return of ''Mortgage-to-Rent'' scheme to help homeowners avoid foreclosure

https://knews.kathimerini.com.cy/en/news/government-weighs-return-of-mortgage-to-rent-scheme-to-help-homeowners-avoid-foreclosure

As debate continues over changes to foreclosure laws and Parliament races to pass legislation that will reshape the framework, the Mortgage to Rent scheme has once again come into focus....

20. War sends Euribor climbing and hits loan holders

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. ...

21. Government considers reopening housing relief scheme

https://knews.kathimerini.com.cy/en/news/government-considers-reopening-housing-relief-scheme

The government is considering reopening the “Rent in Exchange for Installment” housing scheme for a limited period of a few months, as pressure grows to address ongoing foreclosure issues affecting borrowers....

22. Fake GESY message costs victim over €10,000 in new online scam

https://knews.kathimerini.com.cy/en/news/fake-gesy-message-costs-victim-over-€10-000-in-new-online-scam

Police in Limassol are investigating a new case of online fraud after scammers posing as representatives of Cyprus’ General Health System (GESY) allegedly tricked a man into handing over his banking details, resulting in losses of more than €10,000....

23. The global economy is facing severe turbulence

https://knews.kathimerini.com.cy/en/comment/opinion/the-global-economy-is-facing-severe-turbulence

The Strait of Hormuz is the only maritime passage into the Persian Gulf. The de facto disruption of normal shipping through the Strait of Hormuz caused demand to fall by 80 percent, left oil tankers idle, and forced a halt to oil production because storage capacity is limited. ...

24. Government dismisses rumors of cuts in blind allowance

https://knews.kathimerini.com.cy/en/news/government-dismisses-rumors-of-cuts-in-blind-allowance

Cyprus authorities on Wednesday moved to reassure the public that financial support for blind individuals has not been suspended, pushing back against what they described as misleading information circulating in recent days....

25. Addressing Gender Inequalities in STEM and Entrepreneurship

https://knews.kathimerini.com.cy/en/news/addressing-gender-inequalities-in-stem-and-entrepreneurship

As the world once again marked International Women’s Day this year, it highlighted the continued need for equal opportunities and meaningful representation of women across all areas of social and economic life....

26. UAE offers flexibility to expats on tax residency amid Iran conflict

https://knews.kathimerini.com.cy/en/news/uae-offers-flexibility-to-expats-on-tax-residency-amid-iran-conflict

The United Arab Emirates is signaling a softer approach for expats worried about losing their tax residency, as the Iran conflict continues to disrupt travel and business in the Gulf....

27. Cypriot banks see profits tumble in 2025

https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-profits-tumble-in-2025

Cypriot banks saw their profits shrink in 2025 compared with the previous year, largely due to a smaller contribution from net interest income....

28. EU turns down Trump’s request for help in Hormuz as cracks show over Ukraine

https://knews.kathimerini.com.cy/en/news/eu-turns-down-trump-s-request-for-help-in-hormuz-as-cracks-show-over-ukraine

The European Union has effectively rejected a request by Donald Trump for European assistance in safeguarding the Strait of Hormuz, with EU foreign policy chief Kaja Kallas making clear that the conflict with Iran “is not a European war” and that ''no one wants active involvement.'' ...

29. Grain producers call for possible closure of crossing points to contain foot-and-mouth disease

https://knews.kathimerini.com.cy/en/news/grain-producers-call-for-possible-closure-of-crossing-points-to-contain-foot-and-mouth-disease

The Pancyprian Grain Producers’ Organization has called on the government to examine stronger measures to contain the spread of foot-and-mouth disease, including the possible closure of crossing points between government-controlled areas and the occupied territories....

30. Cyprus’ quarries still out of control, audit warns

https://knews.kathimerini.com.cy/en/news/cyprus-quarries-still-out-of-control-audit-warns

Six years after the last audit of Cyprus’ Mining and Quarrying Service, compliance remains alarmingly low, according to a new report from the Auditor General. ...

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