https://knews.kathimerini.com.cy/en/news/christodoulides-government-weighs-next-steps-after-employers-reject-cola-proposal
President Nikos Christodoulides has indicated that the government is considering alternative approaches to the Cost of Living Allowance (COLA) after employers’ organizations rejected its proposed permanent agreement....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-cuts-staff-again-with-new-severance-offer
The Bank of Cyprus is downsizing again, launching a new voluntary exit plan for 40 to 50 employees as it seeks to cut staff and rein in expenses....
https://knews.kathimerini.com.cy/en/business/employers-unanimously-reject-cost-of-living-proposal-by-government
Cyprus’ two leading employer groups have rejected the government’s proposal for a new Cost-of-Living Allowance (ATA) deal, saying the draft agreement “falls short” on several key points and cannot be signed as it stands....
https://knews.kathimerini.com.cy/en/news/vafeades-pushes-for-high-speed-train-linking-three-cities-but-eu-won-t-fund-it
Minister of Transport, Communications and Works, Alexis Vafeades, is examining the possibility of connecting Nicosia, Larnaca, and Limassol through “a type of train, ideally a high-speed train.” ...
https://knews.kathimerini.com.cy/en/news/turning-cyprus-geographic-position-from-a-curse-into-a-blessing
President Nikos Christodoulides opened the second day of the annual Cyprus Summit of The Economist with a speech laying out a bold vision for his country: transforming Cyprus’ location from a historic vulnerability into a strategic advantage....
https://knews.kathimerini.com.cy/en/news/the-landmark-nicosia-set-to-open-later-this-month
The Landmark Nicosia, Autograph Collection, is entering the final stages of construction and is on track to open its doors by the end of November. ...
https://knews.kathimerini.com.cy/en/business/cyprus-in-the-spotlight-mediterranean-pact-offers-jobs-energy-and-influence
Cyprus is positioning itself for a front‑row seat in a major new regional plan. The EU‑backed Pact for the Mediterranean, launched in mid‑October, aims to deepen cooperation across the southern shores of the Mediterranean, and Cyprus stands to gain in several concrete ways....
https://knews.kathimerini.com.cy/en/news/president-unveils-major-tax-overhaul-aimed-at-fairness-growth-and-green-transition
Cyprus is rolling out the biggest tax shake-up in more than two decades, promising a fairer system that supports families, strengthens local businesses, and keeps the economy competitive....
https://knews.kathimerini.com.cy/en/news/hunting-participation-drops-as-cyprus-season-opens
As the migratory game hunting season opens today, officials anticipate roughly 36,000 hunters will take to the fields and forests, continuing through December 28....
https://knews.kathimerini.com.cy/en/news/illegal-mobile-phone-use-in-prisons-nears-an-end-says-government
The long-standing issue of inmates using mobile phones inside Cyprus’ Central Prisons is now being decisively addressed, according to Government Spokesperson Konstantinos Letymbiotis....
https://knews.kathimerini.com.cy/en/comment/opinion/€2-4-million-is-not-exactly-pocket-change
In the budget of the Deputy Ministry of Culture for the international cultural program of Cyprus’s Presidency of the Council of the European Union during the first half of 2026, there appears a not-at-all-insignificant sum: €2.4 million. ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-government-s-two-choices
This government has two choices, and it seems determined to take the easy one: the path of handouts, subsidies, and tax breaks. ...
https://knews.kathimerini.com.cy/en/news/are-the-stars-finally-aligning-for-cyprus
A series of new developments, diplomatic chatter, quiet backroom meetings, and carefully timed statements, are fueling talk that something may finally be stirring in the long-stuck Cyprus and East Med equation....
https://knews.kathimerini.com.cy/en/business/old-gsp-to-become-nicosia-s-go-to-hub-for-services-shops-and-green-spaces
By the end of 2026, Nicosians will be able to visit the old GSP site for a full range of services, shopping, and recreation in one spot. ...
https://knews.kathimerini.com.cy/en/news/limassol-s-new-local-authority-hailed-as-early-success-of-government-reform
Fifteen months after Cyprus rolled out its sweeping local government reform, Limassol’s new district authority is being held up as one of the early success stories....
https://knews.kathimerini.com.cy/en/news/teacher-evaluation-bill-nears-deadline-with-no-common-ground
The long-running debate over Cyprus’s Teacher Evaluation Bill appears to be heading toward a deadlock, with both the Education Ministry and teacher unions showing little sign of compromise as the November 5 deadline set by the House Education Committee approaches....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-wins-22-awards-at-the-cyprus-responsible-business-awards-cyprus-customer-excellence-awards-2024
Lidl Cyprus was distinguished with 22 awards at the Cyprus Responsible Business Awards 2024 and Cyprus Customer Excellence Awards 2024, confirming its steady path as a model of responsible entrepreneurship, social contribution and customer-centric strategy....
https://knews.kathimerini.com.cy/en/news/€50-million-could-flow-to-consumers-as-cyprus-moves-to-tax-renewable-energy-giants
Cyprus is considering a controversial move to tax unexpected profits from private renewable energy companies, a measure aimed at funneling millions into programs that could ease the burden on consumers....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-scoops-11-awards-in-global-finance-s-2025-digital-bank-rankings
Bank of Cyprus wins 11 awards, including 2 regional awards, in Global Finance’s 2025 World’s Best Digital Bank Awards
...
https://knews.kathimerini.com.cy/en/business/cypriot-clubs-to-gain-as-fifa-expands-its-$355-million-world-cup-payout-plan
The countdown to the 2026 World Cup has begun, and with it comes more than just a new format. For clubs around the world, including several in Cyprus, the tournament represents an unprecedented financial opportunity....
https://knews.kathimerini.com.cy/en/news/big-three-builders-dominate-cyprus-public-works-and-the-delays-keep-piling-up
A new report by the Auditor General has confirmed what many in the construction world have been whispering for years: that a handful of “national contractors” are calling the shots when it comes to Cyprus’ biggest public works projects....
https://knews.kathimerini.com.cy/en/news/bidx1-launches-october-catalogue-featuring-coastal-villas-city-apartments-more
BidX1 is pleased to announce that the catalogue for its next auction, taking place on Wednesday 22nd October, is now live and available to view here....
https://knews.kathimerini.com.cy/en/comment/opinion/the-risk-is-not-only-geopolitical
The Cyprus-Crete electricity interconnection cable is full of thorny issues that, until resolved, would be better off out of the headlines. The project is making news for all the wrong reasons....
https://knews.kathimerini.com.cy/en/news/college-degrees-don-t-guarantee-success-anymore-linkedin-ceo-says
The days when a degree from a top university guaranteed a high-paying job are over, according to LinkedIn CEO Ryan Roslansky, who says the global job market is shifting faster than ever, and traditional education is no longer a ''golden ticket'' to career success....
https://knews.kathimerini.com.cy/en/news/workers-and-digital-nomads-to-benefit-from-eu-s-new-fair-work-rules
Cyprus’s growing community of digital nomads, migrant workers, and seasonal staff could soon see a major shake-up in how their work and benefits are handled across Europe....
https://knews.kathimerini.com.cy/en/business/the-energy-market-has-opened-but-power-prices-haven-t-budged
A study by The Cyprus Institute, commissioned by the Ministry of Energy, suggests that electricity bills could be up to 20% lower if natural gas were used today for power generation....
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-invests-in-people-s-well-being-with-its-6th-lidl-wellness-camp
Under the auspices of the Ministry of Agriculture, Rural Development and Environment, the Cyprus National Commission for UNESCO, the Cyprus Dietitians & Nutritionists Association, the Cyprus Psychologists Association and the Municipality of Ayia Napa, Lidl Cyprus announces the launch of the competition for participation in the 6th Lidl Wellness Camp....
https://knews.kathimerini.com.cy/en/business/inside-cyprus-new-power-market-who-s-in-and-how-prices-will-be-set
Cyprus formally opened its competitive electricity market Wednesday, a milestone in the country’s effort to liberalize the energy sector and give consumers more freedom to choose how they buy power....
https://knews.kathimerini.com.cy/en/news/cyprus-and-mediterranean-among-world-s-most-climate-vulnerable-regions
Cyprus and the wider Mediterranean are among the world’s most climate-sensitive regions, already experiencing hotter, drier summers, the island’s Minister of Agriculture, Rural Development, and Environment, said....
https://knews.kathimerini.com.cy/en/news/shifting-political-landscape-as-elections-inch-closer-poll-points-to-unpredictability
With eight months to go until parliamentary elections, a new poll suggests Cyprus is heading for one of its most unpredictable contests in years....
