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12° Nicosia,
31 December, 2025
 

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Displaying results 1-30 of 3030 matches for query Financial.

1. Major public works head into 2026 under a cloud of delays and cost overruns (pics)

https://knews.kathimerini.com.cy/en/news/major-public-works-head-into-2026-under-a-cloud-of-delays-and-cost-overruns

The arrival of 2026 is shaping up to be a major test for the government, particularly when it comes to public infrastructure. Several large-scale projects are running far behind the timelines announced when they were first unveiled, with delays now becoming the norm rather than the exception....

2. Pitch your film, win international deals, Cyprus is rolling out the red carpet

https://knews.kathimerini.com.cy/en/news/pitch-your-film-win-international-deals-cyprus-is-rolling-out-the-red-carpet

Cyprus is rolling out the red carpet for filmmakers next April, hosting the seventh edition of Dot.on.the.Map Industry Days, a three-day co-production, training, and networking event designed to put the island at the center of Mediterranean cinema. The event runs April 23–25, 2026, alongside the 24th Cyprus Film Days International Festival....

3. Cyprus weathers global turbulence as economic growth and reforms hold firm in 2025

https://knews.kathimerini.com.cy/en/business/cyprus-weathers-global-turbulence-as-economic-growth-and-reforms-hold-firm-in-2025

Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...

4. Government moves to protect low-income pensioners from benefit losses

https://knews.kathimerini.com.cy/en/business/government-moves-to-protect-low-income-pensioners-from-benefit-losses

The government has decided to shield low-income pensioners from losing benefits as a result of upcoming pension increases, a move expected to support around 24,000 households....

5. Nearly €200,000 in assets seized after major drug bust

https://knews.kathimerini.com.cy/en/news/nearly-€200-000-in-assets-seized-after-major-drug-bust

Authorities have frozen assets worth almost €200,000 belonging to a 34-year-old man already facing serious drug charges, following a deepening financial probe into his activities....

6. Russian official warns Cyprus over support for Ukraine

https://knews.kathimerini.com.cy/en/news/russian-official-warns-cyprus-over-support-for-ukraine

A senior Russian Foreign Ministry official has sharply criticized Cyprus for aligning itself with the European Union’s post-2022 policy toward Russia, warning that actions taken against Russian interests will provoke a response....

7. Cyprus approves minimum wage increase of 8.8%, effective January 2026

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....

8. Justice Minister renounces lifetime pension in rare move

https://knews.kathimerini.com.cy/en/news/justice-minister-renounces-lifetime-pension-in-rare-move

Cyprus’ Justice and Public Order Minister Costas Fytiris is walking away from a benefit many politicians quietly keep: a lifetime ministerial pension....

9. Disability support allowance exposed as inadequate for real home care needs

https://knews.kathimerini.com.cy/en/news/disability-support-allowance-exposed-as-inadequate-for-real-home-care-needs

A man with a recognized disability has spoken out about the severe gap between state support and the real cost of daily care, describing an undignified reality for people with disabilities who live alone....

10. Greek Cypriot couple finally set to return to free areas after paying fines

https://knews.kathimerini.com.cy/en/news/greek-cypriot-couple-finally-set-to-return-to-free-areas-after-paying-fines

The Greek Cypriot couple detained in the occupied village of Trikomo over allegations related to personal data misuse is expected to return to the government-controlled areas on Tuesday, following the completion of administrative formalities by the occupation authorities....

11. One in three Cypriots struggles on low income

https://knews.kathimerini.com.cy/en/news/one-in-three-cypriots-struggles-on-low-income

Nearly one in three people in Cyprus is living on a low income, and about one in seven is at risk of poverty, according to new figures released Monday by the Statistical Service....

12. Petrolina Supports the Paediatric Ward of the Larnaka General Hospital with Equipment and Gifts for the hospitalized children

https://knews.kathimerini.com.cy/en/news/petrolina-supports-the-paediatric-ward-of-the-larnaka-general-hospital-with-equipment-and-gifts-for-the-hospitalized-children

Acting with responsibility towards society and supporting long-standing initiatives that promote health and wellbeing, Petrolina, together with members of its volunteer team, the Petrolina Community, visited the Paediatric Ward of the Larnaka General Hospital on Thursday, 18 December, conveying a message of care, support, and solidarity....

13. Cyprus politics stall the cable that could end its energy isolation

https://knews.kathimerini.com.cy/en/news/cyprus-politics-stall-the-cable-that-could-end-its-energy-isolation

The government and newly appointed Energy Minister Michalis Damianou will face a series of critical energy decisions in 2026 that will largely determine Cyprus’ energy future. ...

14. Cyprus pays drivers stuck with faulty airbags, €100 per week for waiting

https://knews.kathimerini.com.cy/en/news/cyprus-pays-drivers-stuck-with-faulty-airbags-€100-per-week-for-waiting

The Cypriot government has handed out one-time payments to drivers whose cars were grounded because of faulty airbags, a move aimed at easing frustration and financial strain caused by a nationwide vehicle recall....

15. Alpha Bank S.A. announces agreement on the key commercial and legal terms of strategic insurance transactions in Cyprus

https://knews.kathimerini.com.cy/en/business/alpha-bank-s-a-announces-agreement-on-the-key-commercial-and-legal-terms-of-strategic-insurance-transactions-in-cyprus

Alpha Bank S.A. (“Alpha Bank”) announces that it has reached an agreement on the key commercial and legal terms for a strategic combination of insurance activities in Cyprus, ...

16. FIFA blocks Apollon from signing players

https://knews.kathimerini.com.cy/en/news/fifa-blocks-apollon-from-signing-players

A FIFA transfer embargo has been slapped on Apollon, meaning the club is temporarily blocked from registering new players, raising fresh questions about how smoothly Cypriot football clubs will move in the upcoming January transfer window....

17. December Newsletter of K. Treppides & Co Ltd – 12/12/2025

https://knews.kathimerini.com.cy/en/news/december-newsletter-of-k-treppides-co-ltd-–-12-12-2025

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....

18. EU backs €90B Ukraine loan but won’t touch frozen Russian billions...yet

https://knews.kathimerini.com.cy/en/news/eu-backs-€90b-ukraine-loan-but-won-t-touch-frozen-russian-billions-yet

After nearly six hours of intense talks and many more behind the scenes, EU leaders walked away from a plan that sounded simple but proved legally explosive: using frozen Russian money to pay for Ukraine’s war effort....

19. Russia sues Europe for $230B over frozen billions for Ukraine

https://knews.kathimerini.com.cy/en/news/russia-sues-europe-for-$230b-over-frozen-billions-for-ukraine

Russia has launched a major legal challenge against Europe, filing a $230 billion lawsuit against financial services firm Euroclear over Russian state assets frozen since the start of the war in Ukraine....

20. Cyprus takes over EU Council Presidency with symbolic gift exchange

https://knews.kathimerini.com.cy/en/news/cyprus-takes-over-eu-council-presidency-with-symbolic-gift-exchange

Cyprus officially took over the European Union Council Presidency from Denmark during the final meeting of the EU Council of General Affairs for 2025, marked by a symbolic exchange of gifts between Cyprus’ Deputy Minister for European Affairs Marilena Raouna and Denmark’s Deputy Minister for European Affairs Marie Bjerre....

21. Cyprus joins EU push to send rejected migrants to non-EU centers

https://knews.kathimerini.com.cy/en/news/cyprus-joins-eu-push-to-send-rejected-migrants-to-non-eu-centers

Nineteen EU countries, including Cyprus, are openly backing plans to send rejected asylum seekers to return centers outside the European Union, even as migration is officially left off the agenda of this week’s European Council....

22. Trial hears claims of beauty services traded for prison information

https://knews.kathimerini.com.cy/en/news/trial-hears-claims-of-beauty-services-traded-for-prison-information

A prison guard accused of trading inside information for beauty treatments, large sums of unexplained cash, and even a painting suspected to be bought with dirty money were at the center of a high-profile money-laundering case that returned to court on Thursday....

23. Europe could enter 2028 without a budget, Cyprus steps in

https://knews.kathimerini.com.cy/en/news/europe-could-enter-2028-without-a-budget-cyprus-steps-in

Europe risks entering 2028 without an agreed budget, putting billions of euros for farming, defense, innovation, and support for Ukraine in jeopardy. ...

24. Health Minister brings gifts and cheer to hospitalized children

https://knews.kathimerini.com.cy/en/news/health-minister-brings-gifts-and-cheer-to-hospitalized-children

Minister of Health Neophytos Charalambides visited Archbishop Makarios III Hospital on Wednesday, bringing gifts and holiday wishes to children spending the festive season in the hospital....

25. €10.2 million paid to drought-hit farmers in Cyprus

https://knews.kathimerini.com.cy/en/news/€10-2-million-paid-to-drought-hit-farmers-in-cyprus

Cyprus paid out €10.2 million in compensation to farmers and producer groups hit by severe drought, the Agriculture Department announced, marking a major step in easing the financial strain caused by one of the driest periods in recent years....

26. Cyprus 2024 data show that the gender pay gap persists across sectors

https://knews.kathimerini.com.cy/en/business/cyprus-2024-data-show-gender-pay-gap-persists-across-sectors

Despite gradual improvements, women in Cyprus continue to earn less than men on average, according to the latest data from the Statistical Service for 2024....

27. €1.2 million vanishes in online scam targeting Limassol company

https://knews.kathimerini.com.cy/en/news/€1-2-million-vanishes-in-online-scam-targeting-limassol-company

A 35-year-old owner of a company registered abroad, but with an office in Limassol, reported today to the Limassol CID that his business fell victim to an online scam, resulting in a loss of €1.2 million....

28. Cyprus and Vietnam sign deal to cut tax barriers and boost business

https://knews.kathimerini.com.cy/en/business/cyprus-and-vietnam-sign-deal-to-cut-tax-barriers-and-boost-business

Cyprus and Vietnam took a fresh step toward closer economic ties on Monday with the signing of an agreement aimed at avoiding double taxation and preventing tax evasion, a move both sides say will make doing business between the two countries easier and more predictable....

29. UK-Cypriot burglar from Potters Bar jailed for multiple business break-ins

https://knews.kathimerini.com.cy/en/news/uk-cypriot-burglar-from-potters-bar-jailed-for-multiple-business-break-ins

A Potters Bar man of UK-Cypriot heritage has been sentenced following a string of burglaries targeting local businesses....

30. EU warns Cyprus over gaps in energy and water rules

https://knews.kathimerini.com.cy/en/news/eu-warns-cyprus-over-gaps-in-energy-and-water-rules

Cyprus has been officially called out by the European Commission for failing to meet key environmental obligations, with infringement procedures now underway over gaps in both energy and water legislation....

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