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/€24-800-gone-in-minutes-in-new-phone-scam-case
A new online scam has cost a resident €24,800 after fraudsters tricked the victim into handing over access to her bank account, police said on Tuesday....
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/life/limassol-s-economic-transformation-through-the-centuries
Limassol is one of the clearest examples in the Eastern Mediterranean of a city that transformed its economic identity over the centuries. What began as a small farming settlement gradually developed into a complex economic hub with international reach. Its geographic position, historical circumstances, and the adaptability of its people shaped a dynamic economic journey....
https://knews.kathimerini.com.cy/en/business/eurobank-opens-mumbai-office-links-india–europe-payments
Eurobank officially opened its representative office in Mumbai on Thursday, marking a major step in its expansion into India, with Cyprus playing a key role in the new bridge between Europe and one of the world’s fastest-growing economies....
https://knews.kathimerini.com.cy/en/news/cyprus-banking-map-set-to-shrink-as-two-smaller-banks-change-hands
Developments involving two smaller Cypriot banks are reshaping the country’s banking sector, pointing to further consolidation in an industry that has steadily strengthened in recent years....
https://knews.kathimerini.com.cy/en/business/eurobank-raises-€700-million-after-investor-demand-surges-nearly-fourfold
Eurobank has raised €700 million through a new bond issue after attracting far stronger investor interest than expected, another sign that international markets remain confident in the bank and the wider Greek banking sector....
https://knews.kathimerini.com.cy/en/news/eurobank-returns-to-markets-with-new-six-year-bond-issue
Eurobank has returned to international markets with a new senior preferred bond issue, continuing a broader trend among European banks seeking fresh funding and stronger financial buffers....
https://knews.kathimerini.com.cy/en/comment/opinion/prudently-sparingly
The fact that the Cypriot economy is showing growth does not mean the government should be handing out money freely to everyone....
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/brace-for-another-interest-rate-hike-in-june-cyprus-central-banker-warns
Cyprus’ central bank chief has left the door open to another possible interest rate move by the European Central Bank next month, warning that rising energy uncertainty and geopolitical tensions are once again putting pressure on prices....
https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-earnings-take-a-hit-despite-€103-million-quarterly-profit
Eurobank reported a profit of €103 million in Cyprus during the first three months of 2026, even as earnings on the island fell compared to last year amid lower European interest rates and growing international uncertainty....
https://knews.kathimerini.com.cy/en/business/cyprus-loan-collection-agencies-face-major-overhaul-under-new-eu-crackdown
Cyprus’ growing ''shadow banking'' sector is entering a period of major change as stricter European rules force credit servicing companies to tighten controls, cut risky partnerships, and rethink how they handle technology and security....
https://knews.kathimerini.com.cy/en/news/supreme-court-rejects-polish-investor-s-appeal-over-2013-bank-haircut-losses
Cyprus’ Supreme Court has rejected an appeal by a Polish woman who sought compensation from the Republic of Cyprus over losses she suffered during the 2013 banking crisis, bringing a long-running legal fight over deposit “haircuts” to a close....
https://knews.kathimerini.com.cy/en/news/finance-ministry-reopens-‘mortgage-to-rent-scheme-for-vulnerable-homeowners
A new window is reopening for Cyprus’ “Mortgage to Rent” scheme, with the Finance Ministry announcing that applications will once again be accepted for vulnerable borrowers struggling with non-performing loans tied to their primary homes....
https://knews.kathimerini.com.cy/en/news/church-of-cyprus-rejects-‘high-interest-loan-claims-in-paphos-case
The Audit Department of the Church of Cyprus has rejected allegations about the financial management of the Metropolis of Paphos, describing them as false and damaging....
https://knews.kathimerini.com.cy/en/business/cyprus-still-on-investors-radar-despite-iran-war
The war in Iran is not shutting the door on investment and business activity in Cyprus. ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-wreckage-of-a-narrative
I am writing less than fifteen days after a building in the city where I was born and raised collapsed suddenly like a house of cards, killing two unsuspecting people. One of them was identified only eleven days after the tragedy....
https://knews.kathimerini.com.cy/en/news/watch-your-interest-rates-cbc-sets-legal-limit-at-11-72
The Central Bank of Cyprus has set the country’s reference interest rate at 11.72%, drawing a clear legal line for what counts as excessive and illegal lending....
https://knews.kathimerini.com.cy/en/comment/opinion/a-simple-fix-for-a-dangerous-housing-reality
On Holy Saturday, an aging apartment building collapsed, costing two people their lives. Tragic. The Minister of the Interior met with the President and a delegation from the Cyprus Scientific and Technical Chamber to discuss dangerous buildings and possible steps to manage these risks more effectively. ...
https://knews.kathimerini.com.cy/en/news/president-approves-part-of-foreclosure-reforms-sends-rest-back-for-changes
Cyprus’ long-running effort to reform its foreclosure system has taken a sharp turn, with President Nikos Christodoulides approving only three out of 12 new laws passed by parliament....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-named-best-private-bank-cyprus-2026-by-global-banking-finance-awards-for-the-4th-consecutive-year
Bank of Cyprus has once again been named “Best Private Bank Cyprus 2026” as part of the Global Banking & Finance Awards, organized by the reputable magazine Global Banking & Finance Review....
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/comment/opinion/israeli-intelligence-firm-linked-to-cyprus-video-controversy
Given that the government itself, in the confusion and panic that followed the release of the now well-known video last January, quietly allowed the narrative of a Russian hybrid attack against the Republic of Cyprus to take hold, the revelation that the material was actually produced by a private intelligence company from neighboring Israel is, in itself, significant....
https://knews.kathimerini.com.cy/en/business/evgenii-tiapkin-at-freedom-inside-2026-the-european-market-and-the-development-of-the-freedom24-platform
Freedom24 Executive Director Evgenii Tiapkin took the Main Stage at Freedom Inside in Astana on April 9 with a presentation on the European market and the development of the Freedom24 platform....
https://knews.kathimerini.com.cy/en/news/cyprus-linked-firms-tied-to-€25-8m-russian-construction-fraud-investigation-finds
A new investigation by the Cyprus Investigative Reporting Network (CIReN) reveals that companies based in Cyprus were linked to a €25.8 million fraud case involving Russia’s construction sector....
https://knews.kathimerini.com.cy/en/news/ey-cyprus-announces-the-appointment-of-antonis-rouvas-as-a-new-partner
EY Cyprus is pleased to announce that it is strengthening its Consulting Services with the addition of Antonis Rouvas, who joins the firm as a partner, bringing a wealth of experience in the banking, insurance and funds sectors and in the areas of financial risk management and regulatory matters....
https://knews.kathimerini.com.cy/en/business/middle-east-conflict-threatens-cyprus-tourism-ports-and-banks-says-dbrs
Cyprus’ sunny beaches, luxury resorts, and bustling ports could soon feel the ripple effects of turmoil in the Middle East. A new report from Canadian rating agency Morningstar DBRS warns that the island’s heavy dependence on tourism and shipping makes it particularly vulnerable to disruptions from the Gulf....
https://knews.kathimerini.com.cy/en/news/cyprus-named-in-three-separate-non-compliance-actions-by-european-commission
The European Commission on Friday stepped up pressure on Cyprus and a group of EU member states, launching a series of infringement procedures over delays in implementing key legislation spanning financial transparency, banking regulation and criminal justice cooperation...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-acquires-cdbbank-s-healthy-assets-in-strategic-move
Bank of Cyprus (BOC) has acquired cdbBank, taking over only the financially healthy assets of the smaller lender, according to sources close to the deal....
