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12° Nicosia,
31 December, 2025
 

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Displaying results 1-30 of 245 matches for query Pension.

1. Government moves to protect low-income pensioners from benefit losses

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....

2. €1,088 minimum wage, and everyone’s furious

https://knews.kathimerini.com.cy/en/business/€1-088-minimum-wage-and-everyone-s-furious

After intense behind-the-scenes talks that stretched right up to the holidays, the government has locked in Cyprus’ new national minimum wage at €1,088 a month, a decision that settles one debate but opens several others....

3. Justice Minister renounces lifetime pension in rare move

https://knews.kathimerini.com.cy/en/news/justice-minister-renounces-lifetime-pension-in-rare-move

Cyprus’ Justice and Public Order Minister Costas Fytiris is walking away from a benefit many politicians quietly keep: a lifetime ministerial pension....

4. One in three Cypriots struggles on low income

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....

5. Cyprus pays drivers stuck with faulty airbags, €100 per week for waiting

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....

6. 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....

7. Top pensions for retirees with dependents reach over €3,000

https://knews.kathimerini.com.cy/en/business/top-pensions-for-retirees-with-dependents-reach-over-€3-000

In Cyprus, pension amounts vary significantly depending on the type of pension and whether the recipient has dependents....

8. Parliament moves to limit former presidents’ perks to 5 years

https://knews.kathimerini.com.cy/en/news/parliament-moves-to-limit-former-presidents-perks-to-5-years

The Parliament is set to discuss a new law that would limit the benefits given to former Presidents of the Republic and former Presidents of the House of Representatives....

9. New ''red button'' service to support seniors living alone

https://knews.kathimerini.com.cy/en/news/new-red-button-service-to-support-seniors-living-alone

A new emergency support service for older adults is set to launch early next year, aimed at assisting individuals aged 75 and above who live alone....

10. 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....

11. November Newsletter of K. Treppides & Co Ltd – 14/11/2025

https://knews.kathimerini.com.cy/en/news/november-newsletter-of-k-treppides-co-ltd-–-14-11-2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...

12. Bankrupt travel agencies leave Cyprus consumers in the lurch

https://knews.kathimerini.com.cy/en/business/bankrupt-travel-agencies-leave-cyprus-consumers-in-the-lurch

Lawmakers are pushing for new legislation to better protect consumers affected by travel agency bankruptcies, after a recent collapse left dozens of holidaymakers facing heavy losses....

13. Cyprus scores big in global ratings

https://knews.kathimerini.com.cy/en/business/cyprus-scores-big-in-global-ratings

Cyprus is wrapping up the year with strong marks from the world’s big credit rating agencies, capping what officials say has been one of the economy’s best-performing years in recent memory....

14. Christodoulides vows to modernize Cyprus’ state institutions

https://knews.kathimerini.com.cy/en/news/christodoulides-vows-to-modernize-cyprus-state-institutions

At the inauguration of the Freedom Museum in Chloraka on Tuesday, President Nikos Christodoulides reaffirmed the government’s commitment to reforming and modernizing the Cypriot state, which has remained largely unchanged since 1960....

15. Cyprus to boost wages for nearly half the workforce amid rising costs

https://knews.kathimerini.com.cy/en/business/cyprus-to-boost-wages-for-nearly-half-the-workforce-amid-rising-costs

Cyprus is set to spend more next year, with the 2026 budget estimating total expenditures, including loan repayments, interest, and investments, at €13.7 billion, up from €12.9 billion in 2025. Personnel costs, including pensions and gratuities, are expected to rise by roughly 4.2%, reaching €3.7 billion....

16. Cyprus This Week: Banks, MOTs and tax talks stir debate

https://knews.kathimerini.com.cy/en/news/cyprus-this-week-banks-mots-and-tax-talks-stir-debate

Cyprus’ headlines this week reflect a mix of economic, labor, and public safety issues, from banks rewarding employees handsomely to questions about who is really keeping the country’s roads safe. ...

17. Argentina’s ''rock star'' president struggles to hit the right note (video)

https://knews.kathimerini.com.cy/en/news/argentina-s-rock-star-president-struggles-to-hit-the-right-note

Javier Milei, Argentina’s self-styled ''rock star president,'' took to a Buenos Aires arena Monday night hoping to turn boos into applause. Leather jacket? Check. Wild hair? Check. A crowd chanting his name like he was Mick Jagger reincarnated? Double check....

18. Lawmakers push for overhaul of outdated disability pension law

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....

19. Cyprus on edge as ''ATA for all'' talks stall, unions warn of new strike

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....

20. Pensions without age limits

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. ...

21. Wellington Fund boosts stake in Bank of Cyprus, becomes third-largest shareholder

https://knews.kathimerini.com.cy/en/news/wellington-fund-boosts-stake-in-bank-of-cyprus-becomes-third-largest-shareholder

The investment fund Wellington has increased its stake in the Bank of Cyprus to 5.87%, up from 3.99%, officially becoming the third-largest shareholder in the country’s largest bank....

22. From free to for sale

https://knews.kathimerini.com.cy/en/news/from-free-to-for-sale

What was meant as a green gift to struggling households in Cyprus has, ironically, turned into an online marketplace....

23. Politics and timing

https://knews.kathimerini.com.cy/en/comment/opinion/politics-and-timing

Over the past week, supporters of the President of the Republic spoke of unchecked toxicity, of nihilism and blind fanaticism that have come to dominate the public sphere, both from Nikos Christodoulides’ political opponents, who refused to accept their defeat, and from a segment of society prone to populism....

24. Yelling, crying, and presidential interventions: Thekla’s latest beef

https://knews.kathimerini.com.cy/en/comment/opinion/yelling-crying-and-presidential-interventions-thekla-s-latest-beef

The beef of the week,which apparently involves even the President, is definitely the one between journalist Kousoulos and Thekla (not the Arka one, our own little firecracker). ...

25. President donates pension to elderly care centers

https://knews.kathimerini.com.cy/en/news/president-donates-pension-to-elderly-care-centers

President Nikos Christodoulides will donate his monthly pension to six elderly care centers across Cyprus for the next 12 months, the Presidency announced....

26. When trolls howl, democracy trembles

https://knews.kathimerini.com.cy/en/comment/opinion/when-trolls-howl-democracy-trembles

The President called for harsh criticism of the State’s handling of events, and he was absolutely right to do so. Only through harsh criticism can there be any improvement in managing the next disaster. Spot on, our young Nikos. ...

27. Parliament caps future multiple pensions but current officials still cash in

https://knews.kathimerini.com.cy/en/news/parliament-caps-future-multiple-pensions-but-current-officials-still-cash-in

Cypriot lawmakers have finally taken steps to curb the controversial practice of multiple pensions for state officials, but not just yet....

28. Elderly father suffered nine stab wounds while asleep

https://knews.kathimerini.com.cy/en/news/elderly-father-suffered-nine-stab-wounds-while-asleep

The 80-year-old man found murdered in his Limassol home earlier this week died from internal bleeding caused by nine stab wounds, according to findings from a second autopsy carried out on Thursday....

29. Cyprus government posts €551M budget surplus in first five months of 2025

https://knews.kathimerini.com.cy/en/news/cyprus-government-posts-€551m-budget-surplus-in-first-five-months-of-2025

Cyprus continues to keep its public finances in check, reporting a general government surplus of €551.2 million for the first five months of 2025, slightly higher than the €542.6 million recorded during the same period last year. ...

30. Cabinet looks to end decades-long debate on multiple pensions

https://knews.kathimerini.com.cy/en/business/cabinet-looks-to-end-decades-long-debate-on-multiple-pensions

The Cabinet on Tuesday approved an amended bill on retirement benefits for state officials, moving one step closer to resolving a public issue debated for over 40 years....

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