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12° Nicosia,
18 August, 2026
 

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Displaying results 1-30 of 363 matches for query Ministry of Finance.

1. 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. ...

2. More than 4,200 apply for mortgage-to-rent scheme as deadline extended

https://knews.kathimerini.com.cy/en/news/more-than-4-200-apply-for-mortgage-to-rent-scheme-as-deadline-extended

For hundreds of households struggling with bad loans, the possibility of losing the family home has been hanging over them for years. Cyprus' mortgage-to-rent scheme is offering some of those borrowers a way to stay put, and thousands are trying to get in....

3. 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. ...

4. Former energy minister blames EAC and CERA for Cyprus power shortages

https://knews.kathimerini.com.cy/en/news/former-energy-minister-blames-eac-and-cera-for-cyprus-power-shortages

Speaking to Kathimerini Cyprus, the former Energy Minister notes that he expected far more political backing on energy matters, suggesting that his efforts to cap the sale price of renewable energy ruffled a few feathers....

5. New electric vehicle subsidy scheme expected in 2027

https://knews.kathimerini.com.cy/en/news/new-electric-vehicle-subsidy-scheme-expected-in-2027

Although electromobility continues to gain popularity among both consumers and car importers in Cyprus, the Government does not plan to announce a new subsidy scheme before the end of the year....

6. Finally, cooler classrooms: 25 Cyprus schools begin €20 million energy transformation

https://knews.kathimerini.com.cy/en/news/finally-cooler-classrooms-25-cyprus-schools-begin-€20-million-energy-transformation

For generations of students, hot classrooms, poor ventilation, and outdated school buildings have been a familiar part of the Cyprus school experience. ...

7. Cyprus gets new fiscal council chief as focus turns to public finances

https://knews.kathimerini.com.cy/en/news/cyprus-gets-new-fiscal-council-chief-as-focus-turns-to-public-finances

Economist Dr. Andreas Charalambous officially took over as president of the Fiscal Council of Cyprus on Monday, succeeding Michalis Persianis, who has led the independent body in recent years....

8. The missing links keeping Cyprus beaches out of reach for wheelchair users

https://knews.kathimerini.com.cy/en/news/the-missing-links-keeping-cyprus-beaches-out-of-reach-for-wheelchair-users

Over the last seven years, Cyprus has taken various steps to make its beaches more accessible to people with disabilities. Yet, getting into the sea is only part of the equation. ...

9. ESM report says Cyprus and Greece are the only eurozone countries expected to reduce debt through 2035

https://knews.kathimerini.com.cy/en/business/esm-report-says-cyprus-and-greece-are-the-only-eurozone-countries-expected-to-reduce-debt-through-2035

About half of the euro area countries, including the five member states that received assistance from the European Stability Mechanism (ESM), among them Cyprus, succeeded in reducing public debt and cutting deficits after the pandemic, thanks to the steady economic recovery and growing tax revenues....

10. 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....

11. Cyprus Institute of Neurology and Genetics opens massive new €31m campus extension

https://knews.kathimerini.com.cy/en/news/cyprus-institute-of-neurology-and-genetics-opens-massive-new-€31m-campus-extension

The Cyprus Institute of Neurology and Genetics (CING) has officially inaugurated a massive new facility at its campus, marking the largest infrastructure expansion in the prominent research organization’s decades-long history....

12. Cyprus picks up investment momentum

https://knews.kathimerini.com.cy/en/business/cyprus-picks-up-investment-momentum

Cyprus is maintaining a strong grip on investment interest, primarily due to its strategic geographic location, its well-developed professional services sector, and the attractive business environment it has built....

13. Politics Blog: Europe gets hotter, politics gets stranger

https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-europe-gets-hotter-politics-gets-stranger

We got the EU Presidency, and suddenly everything started moving at higher speeds—climate change included....

14. Fuel tax cut of 8.33 cents per litre extended until Sept. 17

https://knews.kathimerini.com.cy/en/news/fuel-tax-cut-of-8-33-cents-per-litre-extended-until-sept-17

Drivers in Cyprus will continue paying less for petrol and diesel after the government extended a fuel tax cut until Sept. 17, keeping a discount of 8.33 cents per liter, including VAT, at filling stations....

15. ''Finally, a place built for them'': Cyprus plans first specialist day center for adults with severe autism

https://knews.kathimerini.com.cy/en/life/finally-a-place-built-for-them-cyprus-plans-first-specialist-day-center-for-adults-with-severe-autism

A long-awaited specialized day care center for adults with severe autism is moving a step closer in Cyprus after an architectural competition for the project attracted strong interest and selected eight standout designs from 37 submissions....

16. Their pay went up just 1.5% in 17 years, now they're taking to the streets

https://knews.kathimerini.com.cy/en/news/1-their-pay-went-up-just-1-5-in-17-years-now-they-re-taking-to-the-streets

For many Cypriots, the people who clean public buildings, maintain government facilities, support hospital operations, and keep essential services running often go unnoticed until they stop working....

17. ECB warns Cyprus foreclosure changes could backfire on economy and borrowers

https://knews.kathimerini.com.cy/en/news/ecb-warns-cyprus-foreclosure-changes-could-backfire-on-economy-and-borrowers

On May 18, 2026, the European Central Bank (ECB) received a request from Cyprus’ Finance Ministry to provide an opinion on legislation passed by Parliament that amends the country’s foreclosure framework. ...

18. Fuel prices falling in Cyprus, but drivers may not be out of the woods yet

https://knews.kathimerini.com.cy/en/news/fuel-prices-falling-in-cyprus-but-drivers-may-not-be-out-of-the-woods-yet

After months of watching fuel prices climb, Cypriot drivers are finally getting some welcome relief at the pump....

19. Cyprus signs tax deal with Kyrgyzstan to strengthen business ties

https://knews.kathimerini.com.cy/en/business/cyprus-signs-tax-deal-with-kyrgyzstan-to-strengthen-business-ties

Cyprus and Kyrgyzstan have signed a new agreement designed to make doing business between the two countries easier, while helping prevent tax evasion and providing greater certainty for investors....

20. University of Cyprus launches first English-language degree program

https://knews.kathimerini.com.cy/en/news/university-of-cyprus-launches-first-english-language-degree-program

The first English-language undergraduate program of the University of Cyprus is finally taking shape, albeit with some delay, following approval by the Council of Ministers. ...

21. 15 thousand hotel employees to receive state support

https://knews.kathimerini.com.cy/en/business/15-thousand-hotel-employees-to-receive-state-support

A total of 15,000 hotel employees are expected to benefit from the Special Employment Support Scheme for the hotel sector approved by the government and implemented through the Ministry of Labour....

22. Cyprus hotels brace for tough summer as Middle East tensions hit tourism

https://knews.kathimerini.com.cy/en/business/cyprus-hotels-brace-for-tough-summer-as-middle-east-tensions-hit-tourism

A difficult summer season is shaping up for Cyprus’ hotel industry, as uncertainty caused by the geopolitical turmoil in the Middle East is dampening people’s appetite for travel and holidays....

23. Finance Ministry reopens ‘Mortgage to Rent’ scheme for vulnerable homeowners

https://knews.kathimerini.com.cy/en/news/finance-ministry-reopens-‘mortgage-to-rent-scheme-for-vulnerable-homeowners

A new window is reopening for Cyprus’ “Mortgage to Rent” scheme, with the Finance Ministry announcing that applications will once again be accepted for vulnerable borrowers struggling with non-performing loans tied to their primary homes....

24. Cyprus economy still growing, but cracks may be starting to show

https://knews.kathimerini.com.cy/en/business/cyprus-economy-still-growing-but-cracks-may-be-starting-to-show

Cyprus’ economy continues to show steady growth, underlining its flexibility and resilience in the face of external shocks such as the ongoing Russia-Ukraine war and recent conflicts in the Middle East....

25. Cyprus moves to end state borrowing from Social Insurance Fund in pension reform plan

https://knews.kathimerini.com.cy/en/business/cyprus-moves-to-end-state-borrowing-from-social-insurance-fund-in-pension-reform-plan

Cyprus is moving forward with changes to its pension system, with discussions now focusing on both the Social Insurance Fund and Provident Funds. ...

26. Fuel prices set to drop Saturday after last-minute delay

https://knews.kathimerini.com.cy/en/news/fuel-prices-set-to-drop-saturday-after-last-minute-delay

A long-awaited reduction in fuel taxes meant to ease pressure on households will not begin Thursday as originally planned but instead take effect at midnight on April 4, giving fuel companies time to adjust prices before motorists see the savings....

27. Investors face new approval process under Cyprus FDI law

https://knews.kathimerini.com.cy/en/business/investors-face-new-approval-process-under-cyprus-fdi-law

Cyprus is putting new guardrails on foreign investment, introducing a system that will allow the government to review certain international business deals before they are finalized....

28. Cyprus-linked firms tied to €25.8M Russian construction fraud, investigation finds

https://knews.kathimerini.com.cy/en/news/cyprus-linked-firms-tied-to-€25-8m-russian-construction-fraud-investigation-finds

A new investigation by the Cyprus Investigative Reporting Network (CIReN) reveals that companies based in Cyprus were linked to a €25.8 million fraud case involving Russia’s construction sector....

29. 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. ...

30. €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....

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