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12° Nicosia,
26 August, 2026
 

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Displaying results 1-30 of 991 matches for query Funds.

1. Cyprus advances €95 million electricity grid upgrade to support renewables

https://knews.kathimerini.com.cy/en/news/cyprus-advances-€95-million-electricity-grid-upgrade-to-support-renewables

Cyprus is advancing a major programme to modernise key parts of its electricity network, aiming to prepare the grid for higher shares of renewable energy, energy storage and fewer instances of renewable generation being switched off....

2. Marinos Mousiouttas: ''Fairness for today’s retirees, security for tomorrow’s pensioners''

https://knews.kathimerini.com.cy/en/news/marinos-mousiouttas-fairness-for-today-s-retirees-security-for-tomorrow-s-pensioners

Labour and Social Insurance Minister Marinos Mousiouttas explains the government’s proposed pension reform to Kathimerini....

3. Pension reform could increase monthly payments for 50,000 pensioners by more than €100

https://knews.kathimerini.com.cy/en/news/pension-reform-could-increase-monthly-payments-for-50-000-pensioners-by-more-than-€100

Around 50,000 pensioners could receive more than €100 extra each month under the government's proposed changes to Cyprus' pension system, Labour Minister Marinos Mousiouttas said on Wednesday....

4. Cash, checks and bank queues are quietly disappearing

https://knews.kathimerini.com.cy/en/news/cash-checks-and-bank-queues-are-quietly-disappearing

Digital transactions have surged in Cyprus, following the global trend and increasingly replacing payments made in cash or by check....

5. Why Cyprus is vulnerable to the climate crisis

https://knews.kathimerini.com.cy/en/news/why-cyprus-is-vulnerable-to-the-climate-crisis

“Net zero” is not just a slogan. It is a legal obligation to reach climate neutrality by 2050. The roadmap requires a 55 percent cut in net emissions by 2030 from 1990 levels and, under the revised Climate Law finished in February, a 90 percent cut by 2040....

6. Retiring at 63? Your pension penalty could drop from 12% to 8%

https://knews.kathimerini.com.cy/en/news/retiring-at-63-your-pension-penalty-could-drop-from-12-to-8

The submission of the pension reform bill to the social partners marks the beginning of the final stage of a long-running effort to modernize Cyprus’ social insurance system....

7. Banks in the occupied areas combine high growth with serious risks

https://knews.kathimerini.com.cy/en/news/banks-in-the-occupied-areas-combine-high-growth-with-serious-risks

Recent regulatory shifts and reduced state reliance have reshaped the banking system in the occupied areas, though inflation topping 30% continues to drive major financial pressures....

8. €50,000 in 36 hours: Drousiotis reaches legal fund target

https://knews.kathimerini.com.cy/en/news/€50-000-in-36-hours-drousiotis-reaches-legal-fund-target

Journalist, researcher and author Makarios Drousiotis says he raised €50,000 in just 36 hours, reaching the full target of his online campaign to pay for his legal defense....

9. Drousiotis fundraiser under investigation after minister flags possible legal breach

https://knews.kathimerini.com.cy/en/news/drousiotis-fundraiser-under-investigation-after-minister-flags-possible-legal-breach

Interior Minister Konstantinos Ioannou has asked the Police to examine an online fundraising campaign launched to financially support journalist and author Makarios Drousiotis....

10. Nicosia Metropolitan Park plans remain stuck in procedural delays

https://knews.kathimerini.com.cy/en/news/nicosia-metropolitan-park-plans-remain-stuck-in-procedural-delays

Plans to convert the State Fairgrounds into the Nicosia Metropolitan Park and potentially redevelop the SOPAZ area with multiple uses, including innovation zones, residential developments, educational facilities and other complementary functions, appear to have become stuck in procedural matters. ...

11. Financial instability in the occupied area threatens future reunification plans

https://knews.kathimerini.com.cy/en/business/financial-instability-in-the-occupied-area-threatens-future-reunification-plans

Up until now, all parties, including the Greek Cypriot side, have operated under the assumption that they don't need to tackle the fiscal viability of the successor state in the occupied area. That mindset is dangerous, especially when the necessary fixes aren't actually out of reach, so long as someone takes action....

12. What could change for your pensions with the new reform?

https://knews.kathimerini.com.cy/en/news/what-could-change-for-your-pensions-with-the-new-reform

The finishing touches are being put on the pension reform bill today. Labour Minister Marinos Mousiouttas is presenting the proposed measures to Finance Minister Makis Keravnos, with the aim of securing final approval and assessing their impact on public finances....

13. Electricity: The lost opportunity

https://knews.kathimerini.com.cy/en/comment/opinion/electricity-the-lost-opportunity

A healthy electricity market requires a sustainable electricity grid as basic infrastructure for the safe, reliable, and efficient operation of the system....

14. Ever wonder where your tax money goes?

https://knews.kathimerini.com.cy/en/news/ever-wonder-where-your-tax-money-goes

From hospitals and universities to buses, water, political parties, and even Facebook and Google, Cyprus spent hundreds of millions of taxpayer euros in 2025, and a newly released Treasury list reveals where some of the biggest payments went. ...

15. A mountain break for less: Who qualifies for Cyprus’ holiday subsidy?

https://knews.kathimerini.com.cy/en/news/a-mountain-break-for-less-who-qualifies-for-cyprus-holiday-subsidy

For many families and pensioners in Cyprus, even a few nights away can be difficult to afford. Hotel prices, meals, and transport quickly add up, especially when household budgets are already stretched....

16. Government-municipality funding battle shows no sign of ending

https://knews.kathimerini.com.cy/en/news/government-municipality-funding-battle-shows-no-sign-of-ending

The dispute between the government and the Union of Municipalities over state funding for local authorities shows no sign of ending. ...

17. Crypto firms face tougher rules with MiCA taking full effect in Cyprus

https://knews.kathimerini.com.cy/en/business/crypto-firms-face-tougher-rules-with-mica-taking-full-effect-in-cyprus

The end of the transition period brings stricter oversight of anti-money laundering compliance, customer protection, and the operations of crypto service providers....

18. Bank of Cyprus named Best Sub-Custodian Bank in Cyprus 2026 by Global Finance

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-named-best-sub-custodian-bank-in-cyprus-2026-by-global-finance

Bank of Cyprus has been named “Best Sub-Custodian Bank in Cyprus 2026” by Global Finance, one of the world’s leading international financial publications, reaffirming the Bank’s strong position in custody and post-trade services in the Cyprus market....

19. Five years, €1 billion and hundreds of projects: Cyprus closes its EU recovery chapter

https://knews.kathimerini.com.cy/en/news/five-years-€1-billion-and-hundreds-of-projects-cyprus-closes-its-eu-recovery-chapter

The end of the summer marks the completion of Cyprus’ Recovery and Resilience Plan (RRP), effectively closing a five-year cycle of investments and reforms....

20. Where is Cyprus spending your money? €412 million poured into projects in six months

https://knews.kathimerini.com.cy/en/news/where-is-cyprus-spending-your-money-€412-million-poured-into-projects-in-six-months

Cyprus recorded an increase in state development spending during the first half of 2026, according to a report by the Treasury on the implementation of the state budget....

21. A year later, Limassol communities remember the wildfire that changed everything (images)

https://knews.kathimerini.com.cy/en/news/a-year-later-limassol-communities-remember-the-wildfire-that-changed-everything

Two of our fellow citizens lost their lives. The green turned black. Homes were burned; 125 square kilometers of land were reduced to ashes. Forests and agricultural areas were consumed by flames. ...

22. Turkey still fails to meet legal requirements for return to F-35 program, US says

https://knews.kathimerini.com.cy/en/news/turkey-still-fails-to-meet-legal-requirements-for-return-to-f-35-program-us-says

Turkey has not yet fulfilled the legal requirements necessary to rejoin the F-35 program, the US Department of State makes clear in a letter to Congress dated July 22, 2026, obtained by Kathimerini Greece....

23. €100 million-a-month scam: Three Cyprus residents among suspects

https://knews.kathimerini.com.cy/en/business/€100-million-a-month-scam-three-cyprus-residents-among-suspects

A phone call from a ''financial adviser'' promising easy profits. A professional-looking investment platform showing money growing. Regular messages building trust over weeks or even months....

24. A lifeline for small businesses or another state ''monster''?

https://knews.kathimerini.com.cy/en/comment/opinion/a-lifeline-for-small-businesses-or-another-state-monster

European countries generally do not create state-run mechanisms that directly provide loans to small and medium-sized enterprises. Governments across Europe tend to avoid such structures because they are costly, bureaucratic, and often overlap with the role already played by banks....

25. Millions lost, Cyprus connection: Inside the EU probe into an alleged VAT fraud network

https://knews.kathimerini.com.cy/en/news/millions-lost-cyprus-connection-inside-the-eu-probe-into-an-alleged-vat-fraud-network

A major European investigation into an alleged €46.9 million VAT fraud scheme has put a network of companies with links to Cyprus under scrutiny, with authorities looking into how small electronic devices may have been used to move millions of euros through a complex tax fraud operation....

26. Commission approves €120 million Recovery Fund payment for Cyprus

https://knews.kathimerini.com.cy/en/news/commission-approves-€120-million-recovery-fund-payment-for-cyprus

Cyprus is set to receive another €120 million after the European Commission approved the country's sixth payment request under the Recovery and Resilience Facility (RRF), the flagship funding programme of NextGenerationEU....

27. Baltic nations decouple from Russian grid to offer Cyprus an energy blueprint

https://knews.kathimerini.com.cy/en/business/baltic-nations-decouple-from-russian-grid-to-offer-cyprus-an-energy-blueprint

Energy resilience requires more than just technological solutions. It demands a long-term strategy that brings together political will, institutional cooperation, investment, and ongoing risk assessment. ...

28. President confirms second chance for 2013 bail-in compensation claims

https://knews.kathimerini.com.cy/en/business/president-confirms-second-chance-for-2013-bail-in-compensation-claims

President Nikos Christodoulides has confirmed that the online portal for compensation claims linked to Cyprus' 2013 banking crisis will reopen, giving eligible depositors and holders of bank securities another opportunity to submit applications if they missed the original deadline....

29. Cyprus faces severe 2030 electricity shortage without Vassilikos gas terminal

https://knews.kathimerini.com.cy/en/news/cyprus-faces-severe-2030-electricity-shortage-without-vassilikos-gas-terminal

Cyprus faces a severe electricity deficit by 2030 unless the delayed natural gas terminal at Vassilikos is completed, Energy Minister Michalis Damianos told MPs on Tuesday....

30. Landmark pension reform eyes January 2027 rollout with hikes up to 55%

https://knews.kathimerini.com.cy/en/business/landmark-pension-reform-eyes-january-2027-rollout-with-hikes-up-to-55

A major overhaul of the Cypriot pension system is moving into its final legislative phases, promising tiered increases for all retirees when it takes effect on January 1, 2027....

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