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-naturalisation-rate-falls-in-2024-despite-eu-wide-increase
Cyprus saw a decline in the pace at which foreign residents became citizens in 2024, based on newly released figures from Eurostat....
https://knews.kathimerini.com.cy/en/news/cyprus-among-eu-countries-with-fewest-people-living-alone
Cyprus remains one of the most family-oriented societies in Europe, with just 12.6% of people living alone, the third-lowest share in the European Union, according to new household composition data released by Eurostat....
https://knews.kathimerini.com.cy/en/news/hermes-airports-cyprus-air-connectivity-with-europe-fully-restored
Hermes Airports informs the traveling public that Cyprus’ air links with Europe have been fully restored. ...
https://knews.kathimerini.com.cy/en/business/cyprus-ranks-last-in-eu-for-women-in-management
New figures from Eurostat indicate that Cyprus has the lowest proportion of women in management roles among European Union countries. In 2024, women occupied 25.3% of managerial positions in Cyprus, placing the country at the bottom of the EU ranking....
https://knews.kathimerini.com.cy/en/news/update-on-operations-at-larnaca-and-paphos-airports-and-current-air-connectivity
In light of recent developments in the region and the resulting flight cancellations worldwide to destinations in the Middle East, as well as cancellations by certain European airlines to Cyprus,...
https://knews.kathimerini.com.cy/en/business/cyprus-stands-out-as-eu-services-imports-reach-€3-5-trillion
In 2024, European Union countries imported a massive €3.47 trillion worth of services from non-EU partners, according to new Eurostat data....
https://knews.kathimerini.com.cy/en/business/cyprus-youth-say-their-studies-pay-off-in-the-workplace
More than half of young people in Cyprus say their education is closely connected to the work they do, according to new figures released by Eurostat....
https://knews.kathimerini.com.cy/en/news/nearly-one-in-seven-cypriots-struggle-to-keep-homes-warm
A significant share of households in Cyprus continue to face difficulties keeping their homes warm, according to new figures released by Eurostat for 2024....
https://knews.kathimerini.com.cy/en/news/eu-enlargement-crisis-now-becomes-cyprus-problem
According to information obtained by ''K,'' Berlin has raised the issue of possible ''economic consequences'' for Budapest following Hungary’s decision to block the EU Council Conclusions on Enlargement at the General Affairs Council (GAC) meeting on December 16....
https://knews.kathimerini.com.cy/en/business/cyprus-defies-europe-s-housing-crisis-with-spacious-homes-and-low-costs
Cyprus ranks at, or near, the extremes of several key housing indicators, often outperforming the EU average and even many comparable Mediterranean countries....
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. ...
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/new-bank-tax-could-ease-the-pinch-on-families-but-who-s-behind-it
A year after narrowly losing a vote in parliament, AKEL is back with a new proposal to impose an emergency tax on banks for 2025 and 2026, calling it a “solidarity levy” aimed at helping everyday Cypriots cope with rising costs....
https://knews.kathimerini.com.cy/en/news/meta-tiktok-and-other-platforms-could-pay-up-if-fraudsters-slip-through
For the first time, social media platforms like Meta and TikTok will be legally responsible if users fall victim to financial scams, following a deal reached by EU lawmakers in the early hours of Thursday....
https://knews.kathimerini.com.cy/en/news/eu-launches-legal-action-against-26-member-states-including-cyprus-over-energy-efficiency-delays
The European Commission has initiated formal infringement proceedings against 26 EU Member States, including Cyprus, for failing to integrate the Energy Efficiency Directive (EU) 2023/1791 into their national laws. ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-significance-of-the-p-tec-summit
The Partnership for Transatlantic Energy Cooperation (P-TEC) is a U.S. initiative coordinated by the Department of Energy. Its goal is to foster collaboration between Eastern European countries and the United States, focusing on energy security and the sustainability of infrastructure....
https://knews.kathimerini.com.cy/en/news/cyprus-ranks-second-in-eu-for-long-working-hours-eurostat-says
About one in 10 workers in Cyprus put in long hours each week, placing the island nation second in the European Union only to Greece, according to Eurostat data released Thursday....
https://knews.kathimerini.com.cy/en/business/timur-turlov-at-new-york-eastern-mediterranean-business-summit-cyprus-is-our-european-gateway-to-global-markets
Freedom Holding Corp. is driven by a mission to build bridges between regions and make global markets more accessible — an ambition powered by innovation and modern technologies, including artificial intelligence. ...
https://knews.kathimerini.com.cy/en/business/revolut-slapped-with-record-fine-over-money-laundering-lapses
British fintech giant Revolut, one of the world’s most valuable start-ups, has been fined €3.5 million by Lithuania’s central bank for failing to properly monitor suspicious transactions and protect against money laundering....
https://knews.kathimerini.com.cy/en/news/rents-keep-climbing-but-house-prices-aren-t-going-anywhere
If you’re renting in Cyprus, you’re not imagining it; it really is getting more expensive year after year. New figures from Eurostat confirm that rents on the island jumped by 4.6% in 2024 compared to the previous year, continuing a steady upward trend that’s been going on since 2017....
https://knews.kathimerini.com.cy/en/business/cautious-optimism-for-easter-bookings-in-cyprus
Tourism officials are expressing cautious optimism about Cyprus’ 2025 Easter holiday season, with early bookings and rising airport traffic pointing to another strong year for the island’s travel sector....
https://knews.kathimerini.com.cy/en/news/nearly-1-in-5-households-in-cyprus-unable-to-keep-homes-warm
A recent European report has shed light on a concerning issue in Cyprus: nearly one in five households is struggling to keep their homes warm....
https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-in-female-enrollment-for-master-s-and-doctorate-programs
In a groundbreaking achievement, Cyprus has been recognized for having the largest share of women pursuing master's studies in 2022 among all EU member states, according to the latest data from Eurostat, the European Union’s statistical service....
https://knews.kathimerini.com.cy/en/business/cyprus-among-eu-countries-lagging-in-gender-budgeting-initiatives
Cyprus stands out as one of only three European Union (EU) member states currently lacking a gender budgeting framework, alongside Estonia and Lithuania....
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-57-surge-in-q3-revenue-hits-$9-billion-market-cap-milestone
Freedom Holding Corp. (FRHC), the parent company of Freedom24, has announced two significant milestones: strong third quarter results for fiscal year 2025 and a record market capitalisation of $9 billion....
https://knews.kathimerini.com.cy/en/news/cyprus-marks-holocaust-remembrance-day-with-solemn-event-in-nicosia
In a solemn ceremony last night, held at the Melina Mercouri Hall, Cyprus joined the global community in observing International Holocaust Remembrance Day, honoring the six million Jews and millions of others who perished in one of history’s darkest chapters....
https://knews.kathimerini.com.cy/en/news/russian-nuclear-weapons-at-europes-doorstep
Russia has deployed tactical nuclear weapons in Belarus, marking the first time its nuclear arsenal has been stationed outside Russian territory since the Cold War....
https://knews.kathimerini.com.cy/en/news/nato-surrounds-chinese-ship-over-undersea-cable-sabotage
Authorities are investigating the deliberate cutting of two undersea internet cables connecting Finland and Sweden to Central Europe last week, suspecting sabotage by a Chinese cargo vessel. ...
https://knews.kathimerini.com.cy/en/business/fake-ariel-detergent-scheme-busted-in-europe
Latvian authorities have uncovered a large-scale counterfeiting operation involving Ariel laundry detergent, accusing two Lithuanian citizens of producing and distributing fake products across Europe....