https://knews.kathimerini.com.cy/en/news/eu-backs-€90b-ukraine-loan-but-won-t-touch-frozen-russian-billions-yet
After nearly six hours of intense talks and many more behind the scenes, EU leaders walked away from a plan that sounded simple but proved legally explosive: using frozen Russian money to pay for Ukraine’s war effort....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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.''...
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
