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/business/cyprus-airways-launches-multilingual-website-making-travel-more-accessible-to-international-passengers
Cyprus Airways has launched a multilingual version of its website, making its digital travel experience more accessible to customers across its growing international network....
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/news/hidden-4-1-rise-in-public-sector-staff-costs-in-2027
While the government is cutting civil service positions in an effort to contain the public-sector wage bill, the picture presented by staffing expenditure tells a different story....
https://knews.kathimerini.com.cy/en/news/fitiris-cuts-police-protection-for-former-officials-to-reduce-state-spending
Justice Minister Costas Fitiris’ review of police protection for political figures and former state officials is already freeing officers for other duties, as the government continues efforts to reduce unnecessary public expenditure....
https://knews.kathimerini.com.cy/en/business/finance-ministry-puts-hourly-workers-demands-at-€50m-as-strike-looms
The Finance Ministry has put the total cost of the demands submitted by unions representing hourly-paid workers at around €50 million over the three-year period of the proposed agreement, as a strike remains scheduled for Thursday, September 17....
https://knews.kathimerini.com.cy/en/news/marinos-mousiouttas-fairness-for-today-s-retirees-security-for-tomorrow-s-pensioners
Labour and Social Insurance Minister Marinos Mousiouttas explains the government’s proposed pension reform to Kathimerini....
https://knews.kathimerini.com.cy/en/news/nikos-christodoulides-expectation-vs-result
If the President decides to run for a second term, as all signs suggest he will, he cannot go back to voters in 2028 relying on the same sense of promise that brought him to power in 2023. By 2028, he will need concrete results, measured directly against his initial campaign promises....
https://knews.kathimerini.com.cy/en/news/cyprus-economy-is-growing-so-why-does-life-still-feel-so-expensive
Cyprus’ economy may be growing, but many households could be forgiven for wondering where that growth has gone....
https://knews.kathimerini.com.cy/en/news/what-could-change-for-your-pensions-with-the-new-reform
The finishing touches are being put on the pension reform bill today. Labour Minister Marinos Mousiouttas is presenting the proposed measures to Finance Minister Makis Keravnos, with the aim of securing final approval and assessing their impact on public finances....
https://knews.kathimerini.com.cy/en/business/cyprus-airways-strengthens-maintenance-partnership-with-bird-aviation
Cyprus Airways has signed an agreement with Bird Aviation for the provision of heavy maintenance services, further strengthening the successful cooperation between the two companies and reaffirming the airline’s commitment to safety, reliability, and operational excellence....
https://knews.kathimerini.com.cy/en/news/passenger-s-€57-000-watch-haul-ends-with-€15-000-bill-at-larnaca-airport
A passenger arriving at Larnaca Airport with three luxury watches in his suitcase ended up paying more than €15,000 before his journey was over....
https://knews.kathimerini.com.cy/en/news/disability-transport-allowance-increased-by-33-with-back-payments-for-4-500-recipients
Around 4,500 people receiving Cyprus' Mobility Allowance will see higher monthly payments from July, with the revised amounts due to reach their bank accounts on 29 July together with back payments dating to the beginning of the year....
https://knews.kathimerini.com.cy/en/business/cyprus-airways-and-air-france-signed-codeshare-agreement-for-flights-between-larnaca-and-paris
Cyprus Airways and Air France announced a codeshare agreement covering flights between Paris - Charles de Gaulle (CDG) and Larnaca (LCA), with up to 6 weekly flights during the summer season, further expanding travel options between France and Cyprus....
https://knews.kathimerini.com.cy/en/comment/opinion/when-you-re-paying-three-times-more
Cyprus has a small, remote and open economy built around services. Those services rely on electricity every hour of every day to operate without interruption. It is no exaggeration to say that affordable power is the oxygen of a service economy....
https://knews.kathimerini.com.cy/en/news/century-old-mystery-reopened-as-search-resumes-for-cyprus-national-poet
More than 100 years after the death of Cyprus' national poet, Vasilis Michaelides, scientists are once again searching for the man behind one of the island's most celebrated literary works....
https://knews.kathimerini.com.cy/en/business/landmark-pension-reform-eyes-january-2027-rollout-with-hikes-up-to-55
A major overhaul of the Cypriot pension system is moving into its final legislative phases, promising tiered increases for all retirees when it takes effect on January 1, 2027....
https://knews.kathimerini.com.cy/en/news/permanent-military-positions-for-contract-soldiers-increase-by-60
The Ministry of Defence will grant permanent status to 400 contract professional soldiers (SYOP), expanding the intake from an originally planned 250 positions....
https://knews.kathimerini.com.cy/en/news/how-to-find-out-if-the-government-owes-you-money
The online questionnaire, available at "Find benefits you may qualify for", simplifies the process of identifying financial support by filtering through dozens of state programs based on a user's personal circumstances....
https://knews.kathimerini.com.cy/en/news/number-of-asylum-seekers-receiving-rent-and-food-support-drops-to-around-2-000
The number of asylum seekers in Cyprus receiving rent and food allowances has fallen to around 2,000, according to figures from the Deputy Ministry of Migration....
https://knews.kathimerini.com.cy/en/news/backlash-over-fidias-claim-mps-earn-€9-500-a-month-in-viral-video
MEP and leader of the political movement Direct Democracy, Fidias Panayiotou, has triggered discussion online after posting a video questioning how much Cypriot MPs actually earn....
https://knews.kathimerini.com.cy/en/news/building-a-home-in-cyprus-is-getting-more-expensive
Building a home in Cyprus has become noticeably more expensive over the past year, with construction material costs rising sharply and adding fresh pressure on property prices across the island....
https://knews.kathimerini.com.cy/en/business/could-our-electricity-bills-drop-by-50–70-new-underwater-tech-already-in-cyprus-says-yes
Could electricity bills be cut by as much as 50%? According to BaroMar CEO Yonadav Buber, the answer is yes....
https://knews.kathimerini.com.cy/en/news/migration-crackdown-agreed-under-cyprus-led-eu-presidency
After months of negotiations that culminated on Monday between EU member states and the European Parliament, the European Union has reached a political agreement on a new Returns Regulation that will complement the new Pact on Migration and Asylum, set to take effect on July 1....
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/news/mp-pay-goes-up-again-as-cypriots-feel-the-squeeze-at-home
Cyprus lawmakers are set to take home higher pay this year, with new figures showing an increase in both monthly and annual salaries for members of parliament in 2026....
https://knews.kathimerini.com.cy/en/business/cyprus-hotels-brace-for-tough-summer-as-middle-east-tensions-hit-tourism
A difficult summer season is shaping up for Cyprus’ hotel industry, as uncertainty caused by the geopolitical turmoil in the Middle East is dampening people’s appetite for travel and holidays....
https://knews.kathimerini.com.cy/en/business/eu-issues-final-warning-to-cyprus-over-delayed-aviation-climate-rules
The European Commission has issued a formal "reasoned opinion" to Cyprus, marking a final legal warning over the government's failure to transpose critical EU aviation climate laws....
https://knews.kathimerini.com.cy/en/business/cyprus-airways-resumes-flights-between-tel-aviv-and-cyprus-from-23-april
Cyprus Airways is pleased to announce the resumption of its flights between Larnaca and Tel Aviv starting 23 April, restoring an important connection between Cyprus and Israel. Flights will operate daily, providing passengers with convenient and frequent travel options. ...
https://knews.kathimerini.com.cy/en/news/audit-finds-major-flaws-in-cyprus-welfare-benefit-system
A recent report by the Audit Office has revealed significant weaknesses in how social benefits were administered by the Deputy Ministry of Social Welfare during 2022 and 2023. ...
