https://knews.kathimerini.com.cy/en/news/€30-000-fine-for-private-hospital-over-gesy-claim-delays
A private hospital working under Cyprus’ General Health System (GESY) has landed itself in hot water after repeatedly dragging its feet on paperwork, and it’s now being hit with a €30,000 fine....
https://knews.kathimerini.com.cy/en/news/€58-400-for-a-home-that-wasn-t-for-sale
Limassol police are investigating a serious fraud case after a 70-year-old man reported that he was tricked into handing over €58,400 for the supposed purchase of a home in the Limassol district, a property that, as it turns out, belongs to someone else entirely....
https://knews.kathimerini.com.cy/en/news/bank-of-new-york-awarded-bank-of-cyprus-the-stp-award-2025
Bank of New York has awarded Bank of Cyprus with the “STP AWARD 2025”, for a fourth consecutive year, in recognition of the high-quality procedures the Bank follows in the area of fund transfers via the SWIFT system....
https://knews.kathimerini.com.cy/en/business/what-you-need-to-know-about-employer-tax-obligations-for-2024
The final date for submitting the annual employer withholding return for 2024 remains 31 March 2026, according to the Cyprus Tax Department....
https://knews.kathimerini.com.cy/en/news/cyprus-made-money-this-summer-and-spent-a-lot-of-it
Cyprus recorded a €653.6 million budget surplus in the third quarter of 2025, according to preliminary figures released by the Statistical Service, good news for the country’s finances, even if it’s a slimmer cushion than last year....
https://knews.kathimerini.com.cy/en/news/soldiers-get-guaranteed-insurance-cover-parliament-calls-it-the-bare-minimum
Parliament unanimously approved a long-overdue measure on Thursday to guarantee insurance coverage for members of the Army of the Republic who are injured or killed while carrying out dangerous duties, a move MPs described as the absolute minimum owed to those defending the country....
https://knews.kathimerini.com.cy/en/news/electrical-appliances-worth-tens-of-thousands-of-euros-damaged-in-paliometocho-after-power-surge
Electrical appliances worth tens of thousands of euros were damaged in the village of Paliometocho after an incorrect voltage was supplied through the Electricity Authority of Cyprus (EAC) network, according to the president of the Cyprus Association of Electrical Contractors....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-2026-what-changed-and-what-stayed-the-same
On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....
https://knews.kathimerini.com.cy/en/business/when-rent-costs-as-much-as-a-mortgage-cypriots-turn-to-buying
Rents in Cyprus have risen to levels comparable with monthly mortgage payments, prompting more people to buy homes rather than rent, even when rent subsidies are available, Interior Minister Konstantinos Ioannou said....
https://knews.kathimerini.com.cy/en/business/cyprus-weathers-global-turbulence-as-economic-growth-and-reforms-hold-firm-in-2025
Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...
https://knews.kathimerini.com.cy/en/business/government-moves-to-protect-low-income-pensioners-from-benefit-losses
The government has decided to shield low-income pensioners from losing benefits as a result of upcoming pension increases, a move expected to support around 24,000 households....
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/more-tax-relief-for-families-tougher-rules-for-everyone-else
From January 1, 2026, Cyprus will officially turn the page on how it taxes income and businesses....
https://knews.kathimerini.com.cy/en/news/one-in-three-cypriots-struggles-on-low-income
Nearly one in three people in Cyprus is living on a low income, and about one in seven is at risk of poverty, according to new figures released Monday by the Statistical Service....
https://knews.kathimerini.com.cy/en/news/cyprus-pays-drivers-stuck-with-faulty-airbags-€100-per-week-for-waiting
The Cypriot government has handed out one-time payments to drivers whose cars were grounded because of faulty airbags, a move aimed at easing frustration and financial strain caused by a nationwide vehicle recall....
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....
