https://knews.kathimerini.com.cy/en/news/after-25-years-eu-moves-ahead-with-massive-south-america-trade-deal
After 25 years of tough, stop-and-go negotiations, EU countries on Friday moved closer to sealing a massive trade deal with South America, an agreement that could reshape markets for Cypriot farmers, food producers, and exporters....
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-grants-additional-benefit-of-€350-for-each-member-of-its-team
Another year full of substantial successes has been completed for Lidl Cyprus. At the heart of this journey are its people, who, through their daily efforts, dedication, and teamwork, support the company's growth and progress....
https://knews.kathimerini.com.cy/en/news/european-banks-poised-for-€30-billion-boost-in-interest-income
European banks are poised for a financial rebound, with net interest income expected to climb by roughly €30 billion over the next two years, analysts say, as loan growth and strategic hedging offset the drag from lower interest rates....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-2026-what-changed-and-what-stayed-the-same
On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....
https://knews.kathimerini.com.cy/en/news/cyprus-steps-onto-europe-s-center-stage-with-€25-6-million-infrastructure-overhaul
Cyprus has completed extensive infrastructure upgrades as it prepares to assume the presidency of the Council of the European Union, investing €25.6 million in conference and media facilities to host hundreds of high-level meetings throughout 2026....
https://knews.kathimerini.com.cy/en/business/uae-sugary-drinks-will-cost-you-and-not-just-in-calories
The United Arab Emirates is taking a stand against sugar, launching a new tiered tax on sweetened drinks starting January 1, a move doctors and dentists say could be a game-changer for public health....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-the-forefront-of-expanding-defense-partnership-with-greece-and-israel
Cyprus is set to play a growing role in a deepening defense partnership with Greece and Israel, as the three countries move to expand joint military activity and security cooperation in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/business/cyprus-weathers-global-turbulence-as-economic-growth-and-reforms-hold-firm-in-2025
Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...
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/business/cyprus-approves-minimum-wage-increase-of-8-8-effective-january-2026
The government has approved an increase to the national minimum wage, following a Cabinet decision taken after a review of economic and social conditions. The revised rates will take effect on 1 January 2026....
https://knews.kathimerini.com.cy/en/news/justice-minister-renounces-lifetime-pension-in-rare-move
Cyprus’ Justice and Public Order Minister Costas Fytiris is walking away from a benefit many politicians quietly keep: a lifetime ministerial pension....
https://knews.kathimerini.com.cy/en/news/v-o-group-incorporates-sec-newgate-into-its-identity
V+O Group becomes V+O Group | SEC Newgate, reflecting in its name everything it represents today in terms of capabilities, talent, impact and reach at national, regional and international level. This evolution is a natural continuation of the path V+O has already charted in recent years: to grow, evolve and strengthen its capabilities, while remaining firmly committed to its values, its people and its clients....
https://knews.kathimerini.com.cy/en/news/sometimes-the-ones-we-help-change-us-the-most
There are moments you think you’re going somewhere to offer support, only to realize you’re the one who leaves changed....
https://knews.kathimerini.com.cy/en/business/banks-agree-employees-to-get-€4-500-in-bonuses-salary-hikes-and-expanded-loans
Cyprus’ bank staff are looking at a festive season with some serious perks on the horizon. After weeks of negotiations, banks and the union ETYK have reached a final agreement on a new collective contract covering 2023–2027....
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/trial-hears-claims-of-beauty-services-traded-for-prison-information
A prison guard accused of trading inside information for beauty treatments, large sums of unexplained cash, and even a painting suspected to be bought with dirty money were at the center of a high-profile money-laundering case that returned to court on Thursday....
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/news/larnaca-students-lead-the-way-in-climate-resilience-workshop
The Bank of Cyprus, in partnership with the Ministry of Education, Sports and Youth and Hermes Airports, hosted a hands-on educational workshop in Larnaca as part of its “Youth Ask and Provide Solutions” initiative....
https://knews.kathimerini.com.cy/en/business/a-new-player-in-cyprus-electricity-market
The Association of Electricity Supplier Representatives (SEPIE) officially launched today, stepping onto Cyprus’ energy stage at a pivotal moment as the island moves toward a modern, competitive electricity market....
https://knews.kathimerini.com.cy/en/business/cyprus-and-vietnam-sign-deal-to-cut-tax-barriers-and-boost-business
Cyprus and Vietnam took a fresh step toward closer economic ties on Monday with the signing of an agreement aimed at avoiding double taxation and preventing tax evasion, a move both sides say will make doing business between the two countries easier and more predictable....
https://knews.kathimerini.com.cy/en/news/cyprus-bank-workers-win-pay-boost-and-extra-leave-in-landmark-deal
Negotiations over the renewal of the 2023–2027 Collective Agreement between the Cyprus Banks Association (KESK) and the Cyprus Bank Employees’ Union (ETYK) have ended on a positive note, clearing the way for pay increases and improved benefits for bank employees....
https://knews.kathimerini.com.cy/en/business/cyprus-shipping-charts-a-course-for-growth
Cyprus’s shipping sector demonstrated resilience in 2025, maintaining a 7% contribution to the country’s GDP and employing more than 9,000 people onshore, as well as 80,000 seafarers on vessels managed by Cyprus-based companies....
https://knews.kathimerini.com.cy/en/news/cyprus-steps-onto-global-space-stage-with-new-industry-alliance
Cyprus is moving from the sidelines to active participation in the global space industry, as local companies gain access to funding, partnerships and large-scale international projects through a newly formed industry association....
https://knews.kathimerini.com.cy/en/business/eu-to-impose-temporary-€3-customs-fee-on-small-imported-parcels
Starting 1 July 2026, small parcels entering the European Union will be subject to a flat customs fee of €3, a measure aimed at regulating the surge in low-value shipments from overseas e-commerce platforms. ...
https://knews.kathimerini.com.cy/en/comment/opinion/debt-surge-ahead-can-the-eurozone-outgrow-its-risks
The Eurozone is entering a phase of rising investments, public debt, and real interest rates. In this challenging environment, economic growth is essential to maintain balance. ...
https://knews.kathimerini.com.cy/en/news/larnaca-named-european-capital-of-culture-for-2030
Larnaca will take the spotlight as the European Capital of Culture in 2030, the Deputy Ministry of Culture announced Thursday. ...
https://knews.kathimerini.com.cy/en/news/coral-cyprus-shell-licensee-once-again-fueled-the-energy-at-this-year-s-boyz-stuff-show
Coral Cyprus (Shell Licensee), successfully sponsored and participated for the second consecutive year in the Boyz Stuff Show 2025, ...
https://knews.kathimerini.com.cy/en/business/with-an-investment-of-over-1-million-euros-lidl-cyprus-brings-the-self-check-out-experience-to-all-its-stores
Lidl Cyprus has successfully completed the installation of Self Check-Out cash registers in all its stores, marking a new era in its customer service experience. ...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-best-foreign-exchange-bank-in-cyprus-by-global-finance
The Bank of Cyprus has received another important international distinction, being named ''Best Foreign Exchange Bank in Cyprus'' at the annual Gordon Platt Foreign Exchange Awards – World’s Best Foreign Exchange Banks organized by the prestigious magazine Global Finance....