https://knews.kathimerini.com.cy/en/business/mps-mull-casino-cash-exemption-despite-laundering-fears
A proposal to exempt casinos from Cyprus' €10,000 cash transaction limit has sparked a heated debate in parliament, with regulators warning that such a move could open the door to money laundering and create unequal rules for businesses....
https://knews.kathimerini.com.cy/en/business/global-fintech-investment-falls-to-seven-year-low-of-$95-6-billion-in-2024-but-uptick-in-q4-24-is-a-sign-of-cautious-optimism-says-kpmg-s-pulse-of-fintech-h2-24
2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....
https://knews.kathimerini.com.cy/en/news/farmers-face-devastating-crop-losses-as-freezing-temps-hit-hard
Cyprus’ farmers are facing major losses as freezing temperatures from the Coral weather system devastate crops across the island. The Ministry of Agriculture, Rural Development, and Environment has vowed to step in quickly, promising immediate support for those affected....
https://knews.kathimerini.com.cy/en/news/paphos-polis-killer-road-to-become-four-lane-highway-after-years-of-delays
The long-debated Paphos-Polis Chrysochous road project is finally moving forward—with a major upgrade. What was once planned as a two-lane highway will now be a four-lane road, a move the government says will improve safety and boost economic growth in the region....
https://knews.kathimerini.com.cy/en/business/over-€42-000-in-uncovered-payments-issued-in-january
In January 2025, a total of €42,062 worth of bounced cheques were issued in Cyprus....
https://knews.kathimerini.com.cy/en/business/cyprus-court-halts-sale-of-mortgaged-property
In a landmark ruling, the Nicosia District Court has suspended the sale of mortgaged properties, citing illegalities in mortgage agreements....
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-teachers-protest-delayed-salaries-and-discrimination
Turkish Cypriot teachers in the government-controlled area of Cyprus are voicing their frustration over delayed salaries, diminished social rights, and lack of support from their unions....
https://knews.kathimerini.com.cy/en/news/is-cyprus-public-sector-too-large-hiring-freeze-lifted-amid-rising-costs
The Cyprus government is set to fully lift the ban on hiring permanent public sector employees, marking a significant shift from austerity measures imposed over a decade ago....
https://knews.kathimerini.com.cy/en/news/struggling-families-at-risk-of-losing-homes-on-government-granted-land
Low-income households that received state-owned land to build their first homes now face the real threat of losing their properties to lenders, according to a damning report by the Audit Office of the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/audit-office-wants-big-changes-to-land-program-for-low-income-families
The Audit Office has called for a major revision of the Land Allocation Plan for low-income families....
https://knews.kathimerini.com.cy/en/news/1-consulco-s-newest-investment-opportunity-compartment-c
Consulco, a leading specialist investment manager with a distinguished 30-year history, proudly announces the launch of Compartment C of the LC London Credit AIF V.C.I.C. Public Ltd (“the London Credit Fund”). ...
https://knews.kathimerini.com.cy/en/news/consulco-s-newest-investment-opportunity-compartment-c
Consulco, a leading specialist investment manager with a distinguished 30-year history, proudly announces the launch of Compartment C of the LC London Credit AIF V.C.I.C. Public Ltd (''the London Credit Fund''). ...
https://knews.kathimerini.com.cy/en/news/christodoulides-unveils-ambitious-plans-in-state-of-the-union-address
President Nicos Christodoulides has outlined a sweeping reform plan for 2025, aiming to enhance governance, strengthen security, and accelerate digital transformation. ...
https://knews.kathimerini.com.cy/en/business/1-uk-bank-closures-could-disrupt-british-expats-in-cyprus
Lloyds Banking Group is shutting 136 more branches across the UK, continuing a long trend of high street bank closures. ...
https://knews.kathimerini.com.cy/en/news/schools-in-dromolaxia-meneou-face-closure
Twelve schools in the Dromolaxia-Meneou municipality in are at risk of closure on Monday due to a strike by school staff over unpaid wages....
https://knews.kathimerini.com.cy/en/news/1-digital-ids-launch-in-cyprus-here-s-how-to-get-yours
Starting today, Monday (January 27), Cypriots can apply for their new digital identity cards (eIDs), bringing the country one step closer to fully embracing the digital age. ...
https://knews.kathimerini.com.cy/en/news/rik-welfare-fund-scandal-taxpayers-on-the-hook-for-mismanaged-millions
A potential case of misappropriation of public funds has emerged involving the Cyprus Radio Broadcasting Corporation's (RIK) Welfare Fund, according to findings from the Parliamentary Control Committee....
https://knews.kathimerini.com.cy/en/comment/opinion/it-was-a-low-bar
The Housing Grant Scheme for young couples and individuals up to 41 years of age was launched on 31 October 2024, with a target of 400 beneficiary applications and a total budget of €15 million. ...
https://knews.kathimerini.com.cy/en/news/important-changes-coming-to-ghs-medicine-prices
The Health Insurance Organisation (HIO) has announced adjustments to the cost of medications provided through the General Healthcare System (GHS), with changes set to take effect on February 3....
https://knews.kathimerini.com.cy/en/news/top-cyprus-football-clubs-face-big-tax-bills-risking-legal-trouble
Football clubs in Cyprus are facing mounting pressure from the Tax Department to settle their overdue debts. ...
https://knews.kathimerini.com.cy/en/news/echr-tells-cyprus-pay-up-for-buffer-zone-property-used-by-un
In a landmark ruling, the European Court of Human Rights (ECHR) has ordered Cyprus to compensate a British national for the use of her house in the buffer zone by UN peacekeeping forces without paying rent....
https://knews.kathimerini.com.cy/en/news/biden-announces-$770-payments-for-california-wildfire-victims
In an effort to provide swift relief to those affected by California's devastating wildfires, President Joe Biden announced one-time payments of $770 for victims....
https://knews.kathimerini.com.cy/en/news/cypriot-company-scammed-out-of-$81k-in-online-fraud
A Cypriot company based in Limassol has fallen victim to an online scam, losing over $81,000 worth of goods in a sophisticated fraud scheme....
https://knews.kathimerini.com.cy/en/business/the-dragon-threatens-citrus-and-exports
The Ministry of Agriculture, Rural Development, and Environment is requesting the support of local authorities to prevent the destruction of the island’s citrus crops....
https://knews.kathimerini.com.cy/en/business/investor-scammed-out-of-$58-000-in-cryptocurrency-fraud
The promise of easy profits through online investments lured a 50-year-old man into a sophisticated cryptocurrency scam, resulting in the loss of $58,000....
https://knews.kathimerini.com.cy/en/news/charging-made-easy-cyprus-introduces-card-payments-for-ev-stations
Charging an electric vehicle (EV) in Cyprus just got easier. The Electricity Authority of Cyprus (EAC) has announced a streamlined payment process at its 32 public charging stations, allowing drivers to pay directly with their credit or debit cards....
https://knews.kathimerini.com.cy/en/news/cyprus-increases-interest-rates-on-arrears-and-court-cases-for-2025
Starting January 1, 2025, Cyprus is increasing interest rates related to arrears and court cases, which could affect anyone with overdue debts to the state or those involved in legal disputes....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-rolls-out-support-measures-for-vulnerable-groups
After a tense voting session last week, when the bill to tax bank profits narrowly failed to pass in Parliament, the Bank of Cyprus seems to be stepping up with measures aimed at helping vulnerable communities across the island. ...
https://knews.kathimerini.com.cy/en/news/cyprus-bank-account-linked-to-dark-web-‘king-of-coke
The International Consortium of Investigative Journalists (ICIJ), known for its groundbreaking Pandora Papers revelations, has published a report exposing the activities of Mark Chikarowski—an Australian who operated under the pseudonym...
https://knews.kathimerini.com.cy/en/comment/opinion/thank-god-for-gesy
The recent news surrounding the murder of United Healthcare CEO Brian Thompson and the arrest of Luigi Mangione, the suspected shooter, has sparked an intense debate. As an American who grew up in Los Angeles and now calls Cyprus home, I find the entire case deeply thought-provoking, especially in light of my own personal experiences with healthcare systems....
