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12° Nicosia,
19 December, 2025
 

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Displaying results 1-30 of 463 matches for query Payments.

1. €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....

2. Who pays when public sector wages keep rising?

https://knews.kathimerini.com.cy/en/news/who-pays-when-public-sector-wages-keep-rising

Public sector wages remain the uncomfortable truth behind Cyprus’ 2026 state budget, which is heading for a final vote in the House of Representatives on Wednesday and is widely expected to be approved....

3. Cyprus bank workers win pay boost and extra leave in landmark deal

https://knews.kathimerini.com.cy/en/news/cyprus-bank-workers-win-pay-boost-and-extra-leave-in-landmark-deal

Negotiations over the renewal of the 2023–2027 Collective Agreement between the Cyprus Banks Association (KESK) and the Cyprus Bank Employees’ Union (ETYK) have ended on a positive note, clearing the way for pay increases and improved benefits for bank employees....

4. Bank of Cyprus: ''Best Foreign Exchange Bank in Cyprus'' by Global Finance

https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-best-foreign-exchange-bank-in-cyprus-by-global-finance

The Bank of Cyprus has received another important international distinction, being named ''Best Foreign Exchange Bank in Cyprus'' at the annual Gordon Platt Foreign Exchange Awards – World’s Best Foreign Exchange Banks organized by the prestigious magazine Global Finance....

5. Larnaca firm scammed out of €111,370 in sophisticated online fraud

https://knews.kathimerini.com.cy/en/news/larnaca-firm-scammed-out-of-€111-370-in-sophisticated-online-fraud

A Larnaca-based firm has fallen victim to an online fraud scheme, resulting in a financial loss of €111,370, authorities confirmed....

6. Audit finds glitch overcharging drivers for late vehicle renewals

https://knews.kathimerini.com.cy/en/news/audit-finds-glitch-overcharging-drivers-for-late-vehicle-renewals

A government audit has uncovered a glitch in the Transport Department’s fee system that has been quietly overcharging drivers who renew their vehicle registrations late....

7. The card that lives in your phone – and shops online!

https://knews.kathimerini.com.cy/en/news/the-card-that-lives-in-your-phone-–-and-shops-online

With the central message “The card that lives in your phone,” the new Virtual Card from Bank of Cyprus brings the online shopping experience to the heart of everyday life....

8. Dangerous drones, zero defenses

https://knews.kathimerini.com.cy/en/news/dangerous-drones-zero-defenses

Imagine a drone hovering over a power plant, a port, or even an airport without anyone noticing. That’s the risk Cyprus is facing, seven years after first trying to protect its critical infrastructure from unmanned aerial vehicles and still coming up empty-handed....

9. Greek farmers block highways over delayed subsidies

https://knews.kathimerini.com.cy/en/news/greek-farmers-block-highways-over-delayed-subsidies

Greek farmers have deployed more than 2,500 tractors to major highways, shutting key routes in the biggest agricultural protest in over a decade. What began as frustration over delayed EU subsidy payments has escalated into a standoff that could stretch into January....

10. Europol: Children are being recruited through video games to commit murder

https://knews.kathimerini.com.cy/en/news/europol-children-are-being-recruited-through-video-games-to-commit-murder

Europol has raised alarm about a growing trend in which minors are being manipulated into committing violent crimes across Europe....

11. Revenue slumps, budget spending trails in Cyprus

https://knews.kathimerini.com.cy/en/business/revenue-slumps-budget-spending-trails-in-cyprus

By the end of October 2025, Cyprus had collected 65% of its planned state revenues, while government spending reached just 59% of the budget, according to the General Accounting Office....

12. Cyprus real estate embraces cryptocurrency payments

https://knews.kathimerini.com.cy/en/business/cyprus-real-estate-embraces-cryptocurrency-payments

In Cyprus, property transactions are gradually moving beyond traditional cash payments. Increasingly, buyers and sellers are turning to cryptocurrencies, a trend that real estate professionals and legal experts say is growing....

13. Cyprus to seal deal today on ATA payments

https://knews.kathimerini.com.cy/en/business/cyprus-to-seal-deal-today-on-ata-payments

Cyprus is set to take a key step in labor relations with the signing of an agreement in principle on the Automatic Wage Adjustment (ATA), government officials announced Thursday....

14. €229,360 in EU-funded support distributed to Cypriot wine producers

https://knews.kathimerini.com.cy/en/business/€229-360-in-eu-funded-support-distributed-to-cypriot-wine-producers

The Cyprus Organization for Agricultural Payments (KOAP) has finalized payments totaling €229,359.60 to wine producers under the EPSA 1a intervention of the Common Agricultural Policy (CAP) Strategic Plan for 2023–2027, covering the 2025 financial year....

15. Cyprus considers raising family income limit in major tax reform

https://knews.kathimerini.com.cy/en/business/cyprus-considers-raising-family-income-limit-in-major-tax-reform

Finance Minister Makis Keravnos said Friday he is open to raising the family income ceiling for tax deductions to €90,000 from the proposed €80,000, noting that ''the cost is not prohibitive.''...

16. Cyprus at the heart of €300 million global fraud bust

https://knews.kathimerini.com.cy/en/news/cyprus-at-the-heart-of-€300-million-global-fraud-bust

Cyprus played a surprising dual role in a major international cybercrime sting that exposed a global network behind one of the biggest online fraud schemes in recent years....

17. Archdiocese to launch baby bonus for families with a third child

https://knews.kathimerini.com.cy/en/news/archdiocese-to-launch-baby-bonus-for-families-with-a-third-child

Cyprus’ Archdiocese is stepping in where the state has struggled by offering families a little financial push to have more children....

18. Bank of Cyprus opens 'India Hub' to attract new business

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-opens-india-hub-to-attract-new-business

The Bank of Cyprus is setting up a special ''India Hub'' to help Indian businesses work with the bank and explore opportunities in Cyprus and Europe....

19. Nicosia’s new KEP faces long delay, residents to trek to Engomi until 2026

https://knews.kathimerini.com.cy/en/news/nicosia-s-new-kep-faces-long-delay-residents-to-trek-to-engomi-until-2026

The long-awaited Citizens Service Center (KEP) in the heart of Nicosia won’t be opening anytime soon. According to information obtained by K, the new facility, which was expected to make life easier for city residents, is now projected to open by the end of 2026....

20. Limassol’s new local authority hailed as early success of government reform

https://knews.kathimerini.com.cy/en/news/limassol-s-new-local-authority-hailed-as-early-success-of-government-reform

Fifteen months after Cyprus rolled out its sweeping local government reform, Limassol’s new district authority is being held up as one of the early success stories....

21. BoC Fintech Hackathon 6.0: Empowering Innovation in the New Era of Fintech

https://knews.kathimerini.com.cy/en/news/boc-fintech-hackathon-6-0-empowering-innovation-in-the-new-era-of-fintech

The 6th BoC Fintech Hackathon, organized by the Bank of Cyprus, was held at the IDEA Innovation Centre from 10–12 October 2025, and concluded with resounding success....

22. Big shake-up coming for Cyprus’ taxi industry

https://knews.kathimerini.com.cy/en/news/big-shake-up-coming-for-cyprus-taxi-industry

Major changes are coming to Cyprus’ taxi industry, with the government preparing a sweeping reform aimed at cleaning up a system long plagued by unfair practices, illegal operators, and inconsistent pricing....

23. Larnaca Hospital audit reveals overworked staff and lost millions

https://knews.kathimerini.com.cy/en/news/larnaca-hospital-audit-reveals-overworked-staff-and-lost-millions

A 2023 audit of Larnaca General Hospital revealed continuing chaos despite recent upgrades, with Emergency Department staff overworked, patient records incomplete, and tens of thousands of euros in reimbursements lost....

24. Cypriot clubs to gain as FIFA expands its $355 million World Cup payout plan

https://knews.kathimerini.com.cy/en/business/cypriot-clubs-to-gain-as-fifa-expands-its-$355-million-world-cup-payout-plan

The countdown to the 2026 World Cup has begun, and with it comes more than just a new format. For clubs around the world, including several in Cyprus, the tournament represents an unprecedented financial opportunity....

25. Verification of Payee (VoP): The Simple Step Making Payments Safer Across Europe

https://knews.kathimerini.com.cy/en/news/verification-of-payee-vop-the-simple-step-making-payments-safer-across-europe

In today’s world of instant digital payments, speed is everything. But when money moves fast, mistakes can also travel just as quickly....

26. Cyprus banks join Eurozone’s instant transfers

https://knews.kathimerini.com.cy/en/business/cyprus-banks-join-eurozone-s-instant-transfers

Starting Thursday, October 9, all Eurozone banks, including those in Cyprus, will be required not only to process instant payments but also to verify the recipient’s name and IBAN when executing transfers....

27. The energy market has opened, but power prices haven’t budged

https://knews.kathimerini.com.cy/en/business/the-energy-market-has-opened-but-power-prices-haven-t-budged

A study by The Cyprus Institute, commissioned by the Ministry of Energy, suggests that electricity bills could be up to 20% lower if natural gas were used today for power generation....

28. No cashiers, no lines: Greece’s first staff-free supermarket opens in Athens

https://knews.kathimerini.com.cy/en/news/no-cashiers-no-lines-greece-s-first-staff-free-supermarket-opens-in-athens

Greece has just welcomed its first fully automated supermarket, where shoppers grab what they need and walk out without interacting with a single cashier....

29. Old money meets new as nine European banks back Euro stablecoin despite ECB fears

https://knews.kathimerini.com.cy/en/business/old-money-meets-new-as-nine-european-banks-back-euro-stablecoin-despite-ecb-fears

Europe’s biggest banks are dipping their toes into crypto waters. Nine major lenders, including ING, UniCredit and DekaBank, are banding together to launch a euro-backed stablecoin later this year, even as the European Central Bank warns such digital tokens could shake financial stability....

30. Sarkozy jailed, gets five years in Libya funding case

https://knews.kathimerini.com.cy/en/news/sarkozy-jailed-gets-five-years-in-libya-funding-case

Former French President Nicolas Sarkozy has been sentenced to five years in prison after a court found him guilty of running a criminal conspiracy and accepting illegal campaign money from Libya’s late leader Moammar Gadhafi....