https://knews.kathimerini.com.cy/en/news/retire-at-63-the-pension-penalty-remains-a-sticking-point
The government has signaled a willingness to compromise on pension reform, revising its draft bill with three changes that offer concessions to unions and employers....
https://knews.kathimerini.com.cy/en/news/school-basketball-game-in-paphos-drawn-into-greek-match-fixing-probe
A 13-point lead, a late turnaround, and 52 free throws awarded to one team. A school basketball game played in Paphos is now reportedly being examined as part of a match-fixing investigation reaching into the leadership of Greek basketball....
https://knews.kathimerini.com.cy/en/news/cyprus-pledges-€25-million-for-power-cable-stays-silent-on-the-rest
As the Cyprus–Crete electricity interconnector awaits a return to activity, the temporary suspension of survey work in 2014 helped ease tensions between Greece’s Independent Power Transmission Operator, ADMIE, and the Cypriot regulatory authorities, mainly over financial matters....
https://knews.kathimerini.com.cy/en/news/new-home-sales-jump-nearly-50-with-most-buyers-staying-below-€300-000
Cyprus’ new-home market posted gains on two fronts in the third quarter, with both sales and their combined value rising, according to an analysis by Landbank Analytics....
https://knews.kathimerini.com.cy/en/news/two-porsches-€10-in-the-bank-and-inherited-water-inside-mps-finances
A London apartment, €200,000 worth of furniture, bank accounts holding loose change and an inheritance of ''running water'' are among the standout details in MPs’ asset declarations....
https://knews.kathimerini.com.cy/en/news/a-decent-salary-an-empty-account-living-from-payday-to-payday
Payday arrives, and for a moment, the bank balance looks reassuring. Then the bills start coming out....
https://knews.kathimerini.com.cy/en/news/bank-staff-offered-bigger-payouts-to-leave-due-to-inflation
Inflation and the cost of living are undoubtedly on the rise, but payouts to bank employees taking voluntary retirement appear to be cushioning much of the impact....
https://knews.kathimerini.com.cy/en/news/european-prosecutors-freeze-greek-assets-in-€115m-cyprus-linked-vat-case
European prosecutors have frozen property and vehicles in Greece belonging to five people linked to an alleged multi-million-euro VAT fraud built around iPhone trading. The European Public Prosecutor’s Office estimates the unpaid tax at €115.5 million, with the bulk arising in Sweden....
https://knews.kathimerini.com.cy/en/news/eight-bidders-€180-million-and-a-second-chance-for-cyprus-stalled-gas-terminal
Eight bidders, €180 million and one second chance for Cyprus’ failed gas terminal. The government is trying again to finish Vasiliko, a project meant to help bring down electricity costs that has instead become a costly lesson in delays....
https://knews.kathimerini.com.cy/en/news/from-€508-to-€764-pension-reform-promises-biggest-boost-for-lowest-earners
For someone living on a €508 pension, another €256 a month could make a difference at the supermarket, when the electricity bill arrives or when it is time to fill the heating tank....
https://knews.kathimerini.com.cy/en/business/cost-of-living-soars-as-nicosia-seeks-european-breathing-room
The energy crisis and rising living costs have forced governments to scramble to keep up with support measures for businesses and households. With external factors driving prices higher showing no signs of improvement and conditions instead getting worse, Cyprus is calling for countries with sound economic indicators to be given greater fiscal flexibility to provide financial support....
https://knews.kathimerini.com.cy/en/news/survey-counts-404-eleonora-s-falcons-along-cyprus-southern-coast
A total of 404 Eleonora’s falcons were recorded along the coast between Akrotiri and Cape Aspro during this year’s annual bird survey, according to results released by the Akrotiri Environmental Educational Centre and the Republic of Cyprus Game and Fauna Service....
https://knews.kathimerini.com.cy/en/news/up-to-€32-000-to-make-your-home-cheaper-to-heat-and-cool
If your home struggles to stay cool in summer and warm in winter, a new grant scheme could help cover improvements that reduce the energy it needs and potentially bring down the bills....
https://knews.kathimerini.com.cy/en/business/cyprus-s-import-bill-races-ahead-as-trade-gap-widens-by-€820-million
From the fuel in our cars to the goods arriving on shop shelves, Cyprus buys far more from abroad than it sells overseas. That gap has grown by almost €820 million in a year....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus–cdbbank-deal-nears-completion-after-staff-exit-scheme
Bank of Cyprus’ acquisition of cdbBank is on course for a successful conclusion after cdbBank met a key condition of the agreement: implementing a voluntary retirement scheme (VRS)....
https://knews.kathimerini.com.cy/en/news/scammers-steal-€33-424-from-81-year-old-woman-in-fake-gesy-message
An 81-year-old woman lost €33,424 after following instructions in a fraudulent text message that appeared to come from Cyprus’ General Healthcare System (Gesy), police said on Monday....
https://knews.kathimerini.com.cy/en/news/we-can-t-even-build-a-footpath-let-alone-a-paphos–polis-chrysochous-highway
In May 2021, then-Transport Minister Yiannis Karousos described the signing of contracts for the first phase of the Paphos–Polis Chrysochous road as a historic day. ...
https://knews.kathimerini.com.cy/en/news/dam-reserves-recover-to-35-6-of-capacity
Rainfall recorded in Cyprus so far this October has helped maintain dam reserves at levels close to those seen in September, offering some relief after several years of declining water stocks....
https://knews.kathimerini.com.cy/en/news/five-arrested-in-overnight-police-operations-drunk-driving-crash-injures-woman
A 23-year-old man was arrested after allegedly driving over three times the permitted alcohol limit and crashing into another car in Limassol, leaving a 27-year-old woman with a fractured arm, as police recorded 260 traffic offences during overnight operations across Cyprus....
https://knews.kathimerini.com.cy/en/comment/opinion/the-european-‘bogeyman-that-got-cyprus-moving
Cyprus is on track to absorb 97.3% of its EU Recovery and Resilience Facility funding, showing how the threat of lost money helped push long-delayed reforms forward....
https://knews.kathimerini.com.cy/en/business/visa-free-u-s-travel-and-direct-flights-top-amcham-s-cyprus-wish-list
A policy study by the American Chamber of Commerce in Cyprus (AmCham), which is part of the Cyprus Chamber of Commerce and Industry (CCCI), focuses on specific initiatives to further strengthen and deepen relations between the Republic of Cyprus and the United States....
https://knews.kathimerini.com.cy/en/news/akamas-works-caused-damage-that-cannot-be-undone-audit-finds
The Audit Office has identified serious gaps in the environmental safeguards for construction projects in Akamas, highlighting weaknesses stretching from the initial planning and environmental assessment to construction, supervision, and the handling of violations....
https://knews.kathimerini.com.cy/en/news/more-people-looking-for-work-as-registered-unemployment-rises-nearly-10
More people were registered as looking for work in Cyprus at the end of September, with the total rising nearly 10% compared with the same month last year....
https://knews.kathimerini.com.cy/en/news/cyprus-set-to-receive-€992-million-from-the-rrf
Sept. 18 marked Cyprus’ final step in submitting requests to the Recovery and Resilience Facility (RRF), with the last milestones submitted under the plan approved back in 2021....
https://knews.kathimerini.com.cy/en/business/from-the-bakery-to-the-heights-of-fashion-lidl-wows-at-paris-fashion-week-with-the-neckcroissant
What is arguably the tastiest fashion accessory of the year has recently flown straight into the hearts of lifestyle enthusiasts: Just in time for Paris Fashion Week, Lidl has transformed the all-time classic from its bakery section into a stylish must-have. On a flight to the fashion capital, the grocery retailer welcomed passengers with the “NeckCroissant.” Behind the name lies a classic travel neck pillow designed to look like the iconic Lidl croissant—so realistic that it could easily be mistaken for the original from the bakery section.
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https://knews.kathimerini.com.cy/en/news/more-than-3-300-ordered-to-leave-cyprus-but-orders-don-t-tell-the-whole-story
Cyprus issued 3,385 orders for non-EU citizens to leave in the second quarter of 2026. But there is an important distinction behind that number: an order to leave does not mean someone has actually left....
https://knews.kathimerini.com.cy/en/business/cabinet-approves-seven-measures-to-ease-cost-of-living-pressures
On Wednesday, the Cabinet approved seven proposals by the Finance Minister aimed at easing cost-of-living pressures, with the new measures carrying a total cost of €70 million....
https://knews.kathimerini.com.cy/en/business/€1m-paid-to-650-farmers-with-new-€1-5m-support-opening-in-november
The state has paid out €1 million in financial support to 650 professional farmers and agricultural businesses, with another €1.5 million in emergency assistance set to become available through two new schemes in November....
https://knews.kathimerini.com.cy/en/news/installed-but-not-connected-school-air-conditioners-turned-on-and-off-to-prevent-electrical-overload
The Audit Office has identified serious problems with the long-running project to install air conditioners in schools....
https://knews.kathimerini.com.cy/en/business/tourism-chief-says-cyprus-weathered-the-crisis-and-is-ready-for-a-2027-comeback
Deputy Tourism Minister Kostas Koumis spoke openly to Kathimerini about the state of tourism, the handling of the crisis, the external factors affecting the industry, and the outlook for 2027....
