https://knews.kathimerini.com.cy/en/news/when-the-numbers-look-good-but-life-doesn-t-feel-it
Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....
https://knews.kathimerini.com.cy/en/comment/opinion/limited-liability-pension-reform
The government's focus for the rest of the year will be low pensions. The government's plan is to grant pension increases to all retirees, regardless of income level, following the same approach adopted in the tax reform....
https://knews.kathimerini.com.cy/en/news/cypriots-feel-slightly-better-off-financially-but-many-still-struggle-to-make-ends-meet
Cypriots are feeling slightly more financially secure than they did a year ago, but rising living costs, money worries and concerns about retirement continue to weigh heavily on many households, according to a new nationwide survey....
https://knews.kathimerini.com.cy/en/news/christodoulides-says-cyprus-talks-should-build-on-common-ground-not-start-from-scratch
Almost a decade after Crans-Montana, the Cyprus issue appears to be returning to the center of political developments. Whether this activity will lead to meaningful progress or simply add another chapter to a long history of unmet expectations remains the key question....
https://knews.kathimerini.com.cy/en/comment/opinion/the-population-crisis-hiding-in-plain-sight
Europe is aging, and so are Greece and Cyprus. In all three cases, the average age of the population is rising while birth rates remain below replacement levels. As a result, all three will see their populations shrink....
https://knews.kathimerini.com.cy/en/news/provocative-salaries-pensions-and-payouts-for-mps
One issue that has come back into focus is the generous pension package, lump-sum payments, and salaries enjoyed by members of the House of Representatives. Unsurprisingly, no MP has ever stepped forward to defend them....
https://knews.kathimerini.com.cy/en/business/from-crisis-response-to-crisis-prevention-the-role-of-recovery-planning
The strongest recovery plans are not designed for the moment a crisis begins, but to prevent it from escalating in the first place. In a period marked by heightened financial volatility, regional geopolitical uncertainty, and continuously evolving regulatory expectations, the need for early preparedness and meaningful resilience is more relevant than ever. For banks, this is where Recovery Planning plays a central role....
https://knews.kathimerini.com.cy/en/news/new-parliament-same-big-question-who-really-decides-cyprus-economic-future
Fears of a fragmented Parliament that would struggle to get things done did not materialize, with six parties now set to shape Cyprus’ political and legislative agenda over the next five years....
https://knews.kathimerini.com.cy/en/news/pension-reform-moves-forward-but-cypriots-told-to-wait-a-little-longer
Cyprus is moving a step closer to a long-promised overhaul of its pension system, with the Labour Ministry saying it plans to submit draft legislation to parliament by mid-July....
https://knews.kathimerini.com.cy/en/news/cyprus-defies-europe-s-population-decline-as-ageing-crisis-accelerates-across-eu
Cyprus is expected to become one of the few European Union countries with a larger population by the end of the century, even as Europe as a whole faces long-term decline and rapid ageing. ...
https://knews.kathimerini.com.cy/en/comment/opinion/a-new-wave-of-european-instability
Eleven countries are running deficits above 3%, with Romania, Poland, Belgium and France posting the weakest figures. Cyprus, Denmark, Ireland, Greece and Portugal remain among the surplus countries....
https://knews.kathimerini.com.cy/en/news/89-year-old-arrested-after-shootings-at-greek-social-security-office-and-athens-courthouse
An 89-year-old man has been arrested after carrying out two shootings in Athens on Tuesday, leaving five people injured. The incidents took place at an EFKA social security office in Kerameikos and later at the Court of Appeal on Loukareos Street....
https://knews.kathimerini.com.cy/en/business/cyprus-moves-to-end-state-borrowing-from-social-insurance-fund-in-pension-reform-plan
Cyprus is moving forward with changes to its pension system, with discussions now focusing on both the Social Insurance Fund and Provident Funds. ...
https://knews.kathimerini.com.cy/en/news/government-rethinks-12-pension-cut-as-reform-talks-heat-up
The government is taking a fresh look at the controversial 12% pension cut, a move that could directly affect thousands of future retirees, as negotiations over Cyprus’ long-awaited pension reform continue....
https://knews.kathimerini.com.cy/en/business/cyprus-executes-most-of-2025-budget-as-revenues-trail-borrowing-drop
Cyprus carried out most of its 2025 state budget as planned, according to a Treasury report released Tuesday. The government collected about 87% of the revenue it had budgeted and spent roughly 92% of what it had planned....
https://knews.kathimerini.com.cy/en/news/ai-factory-schengen-push-and-gas-deal-with-israel-christodoulides-unveils-55-point-plan-in-state-of-the-union-address
President Nikos Christodoulides on Thursday evening presented the government’s Official Planning for 2026, described as the “State of the Union 2026”, from the Presidential Palace, outlining more than 55 initiatives across all sectors....
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/business/cyprus-faces-new-labor-showdown-despite-minimum-wage-deal
Cyprus could be heading for a fresh round of labor unrest in 2026, as unions and employers brace for new clashes over wages, pensions and workers’ rights, despite the government having closed the minimum monthly wage issue just weeks ago....
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/€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....
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/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/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....
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/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....
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....
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....
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....
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....
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. ...