https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-cuts-staff-again-with-new-severance-offer
The Bank of Cyprus is downsizing again, launching a new voluntary exit plan for 40 to 50 employees as it seeks to cut staff and rein in expenses....
https://knews.kathimerini.com.cy/en/business/ai-is-changing-everything-but-are-we-ready-for-it
Artificial intelligence is reshaping the global economy, labor, education, and finance, creating vast opportunities but also deep challenges, speakers warned at the 21st Economist Conference in Cyprus, where AI dominated this year’s agenda....
https://knews.kathimerini.com.cy/en/news/is-water-on-the-rise-cyprus-faces-shortages-after-years-of-overuse-minister-warns
Cyprus is grappling with a severe and prolonged water shortage, a problem Agriculture Minister Maria Panayiotou described as decades in the making. ...
https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-end-drought-uncertainty-with-major-desalination-push
Cyprus is taking bold steps to make drought a thing of the past, approving a sweeping plan to rely on desalinated water for all its needs by 2029....
https://knews.kathimerini.com.cy/en/business/young-cypriots-struggle-to-leave-home-as-state-housing-aid-nears-€80-million
Cyprus’s housing crisis, mirroring a wider European struggle, has left young people increasingly unable to move out of their parents’ homes....
https://knews.kathimerini.com.cy/en/news/revolut-secures-crypto-license-from-cyprus-to-expand-eu-services
Fintech firm Revolut has received a cryptocurrency license from Cyprus, paving the way for the company to continue expanding its crypto services across the European Union....
https://knews.kathimerini.com.cy/en/news/cyprus-political-game-of-musical-chairs
From comeback politicians to brand-new movements, Cyprus’ political map is being redrawn in real time. ...
https://knews.kathimerini.com.cy/en/news/women-s-national-football-team-stages-thrilling-comeback-against-albania
The Cyprus Women’s National Football Team produced a stirring comeback to defeat Albania 3–2 in the first leg of the UEFA Women’s Nations League play-offs....
https://knews.kathimerini.com.cy/en/news/panayiotou-says-no-to-€400k-offers-vows-politics-without-strings
When MEP Phidias Panayiotou announced he was starting a political party, he says he was immediately hit with offers of up to €50,000 each, which he claims could have added up to €400,000....
https://knews.kathimerini.com.cy/en/news/father-demands-answers-after-brutal-school-attacks-on-13-year-old-son
A 13-year-old boy remains hospitalized at Makarios Hospital after suffering multiple injuries in what appears to be the latest in a string of violent assaults at his school....
https://knews.kathimerini.com.cy/en/comment/opinion/hollywood-cheap-scary-and-tasteless
From Panayiotou’s clownish party announcement to Trump’s Hollywood-style peace show in Sharm El-Sheikh, politics reached peak circus last week in Cyprus and beyond....
https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-same-circus-new-clown
When I was a kid, I read Böll’s The Clown’s Opinions. It stuck with me, but not nearly as much as yesterday’s proclamation from our own local clown, Fidias Panayiotou. ...
https://knews.kathimerini.com.cy/en/news/cyprus-cats-make-headlines-abroad-but-the-island-s-feline-problem-is-serious
Move over Cyprus problem, the island now has another headline-grabbing challenge: its cats. International outlets, including ABC News and the Associated Press, have spotlighted the Mediterranean nation’s unusually high number of felines....
https://knews.kathimerini.com.cy/en/business/fairfax-bets-big-on-cyprus-with-stake-in-eurobank-insurance
Canadian investment giant Fairfax Financial Holdings is deepening its footprint in Cyprus, agreeing to buy 45% of ERB Insurance, the general insurance company owned by Eurobank Limited, for €59 million, a deal seen as a strong vote of confidence in the Cypriot economy....
https://knews.kathimerini.com.cy/en/business/christodoulides-plays-his-tax-card-to-break-the-ata-deadlock
President Nikos Christodoulides has pulled what looks like an ace from his sleeve, a package of tax breaks aimed at sweetening the deal for employers and finally unblocking the long-stalled dispute over the Cost-of-Living Allowance, or ATA....
https://knews.kathimerini.com.cy/en/business/lawmakers-push-for-overhaul-of-outdated-disability-pension-law
Lawmakers are calling for swift reform of the decades-old disability pension system, with the government confirming that a new bill is already in the works to address long-standing inequities....
https://knews.kathimerini.com.cy/en/news/a-big-step-for-animal-welfare-in-cyprus
The Cyprus government is stepping up its support for animal welfare with new funding and initiatives announced on World Animal Day....
https://knews.kathimerini.com.cy/en/news/kaiti-cleridou-daughter-of-former-cypriot-president-glafkos-clerides-dies-at-76
Kaiti Clerides, a prominent figure in Cypriot politics and daughter of the late President Glafkos Clerides, has died at the age of 76....
https://knews.kathimerini.com.cy/en/news/cyprus-and-mediterranean-among-world-s-most-climate-vulnerable-regions
Cyprus and the wider Mediterranean are among the world’s most climate-sensitive regions, already experiencing hotter, drier summers, the island’s Minister of Agriculture, Rural Development, and Environment, said....
https://knews.kathimerini.com.cy/en/business/labour-minister-calms-unions-by-outlining-framework-for-ata-for-all
The minister tried to calm union concerns in order to avoid a second general strike....
https://knews.kathimerini.com.cy/en/news/fidias-weighs-new-party-in-european-parliament-questions-political-path-at-home
Fidias Panayiotou says he is close to leading a new political group in the European Parliament, a move he argues would give him greater influence on issues affecting Cyprus....
https://knews.kathimerini.com.cy/en/business/supermarkets-and-electricity-bills-top-cypriot-concerns-despite-signs-of-consumer-confidence
Cypriot households are showing cautious optimism about the economy, though rising supermarket prices and electricity bills remain their biggest worries, according to a new Ktrends survey by Kathimerini and PwC....
https://knews.kathimerini.com.cy/en/business/cyprus-on-edge-as-ata-for-all-talks-stall-unions-warn-of-new-strike
Cyprus is facing rising tensions over the government’s plan to extend the cost-of-living allowance, known as “ATA for all,” with unions warning a new general strike could be on the horizon....
https://knews.kathimerini.com.cy/en/business/consensus-on-cola-appears-out-of-reach-as-legal-concerns-mount
The government faces mounting uncertainty over its “COLA for all” pledge, as a legal opinion obtained by employer organizations suggests universal application of the Cost-of-Living Allowance (COLA) in the private sector would be unconstitutional....
https://knews.kathimerini.com.cy/en/news/european-commission-names-new-head-of-representation-in-nicosia
The European Commission on Wednesday appointed Panayiotis Pourgourides as the new head of its Representation in Nicosia, Cyprus....
https://knews.kathimerini.com.cy/en/business/race-heats-up-for-cyprus-banking-association-s-top-job
After two decades at the helm, Michalis Kammas will step down as general manager of the Cyprus Banking Association by the end of the year, opening the door for a new face to lead the country’s powerful banking lobby....
https://knews.kathimerini.com.cy/en/comment/opinion/pensions-without-age-limits
We are told that the social insurance system is strictly contributory. You get back what you pay in. Except, of course, for state officials, who collect generous pensions without ever having made equivalent contributions. ...
https://knews.kathimerini.com.cy/en/news/cyprus-forestry-college-reopens-with-first-class-in-nearly-a-decade
The Cyprus Forestry College welcomed 20 students Monday as it reopened for the first time in almost 10 years, marking what officials called a milestone for forestry education on the island....
https://knews.kathimerini.com.cy/en/news/paphos-water-worries-put-to-rest
Residents of Paphos can breathe easier when it comes to drinking water. Government officials say new desalination units will secure supply for the district through at least 2026, regardless of rainfall....
https://knews.kathimerini.com.cy/en/business/fight-over-fair-pay-for-all-heats-up
Cyprus is bracing for fresh labor tensions as the government pushes ahead with plans to extend the Automatic Cost of Living Allowance (ATA) to all workers, a pre-election pledge by President Nikos Christodoulides....