https://knews.kathimerini.com.cy/en/business/new-governance-structure-cuts-costs-in-provincial-agencies-officials-say
In response to recent reports about salaries and allowances within the Provincial Self-Government Organizations (EOAs), officials released clarifications Wednesday aimed at providing a fuller picture of the situation....
https://knews.kathimerini.com.cy/en/comment/opinion/nikaros-varosiotou-strovolos-and-the-one-billion
“The DISY party was not created to serve anyone’s personal ambitions!” When that comes out of Nikos Anastasiades’ mouth, it takes on an altogether different meaning....
https://knews.kathimerini.com.cy/en/news/cyprus-government-posts-€551m-budget-surplus-in-first-five-months-of-2025
Cyprus continues to keep its public finances in check, reporting a general government surplus of €551.2 million for the first five months of 2025, slightly higher than the €542.6 million recorded during the same period last year. ...
https://knews.kathimerini.com.cy/en/business/swiss-central-bank-slashes-interest-rates-to-0-to-fight-soaring-franc-and-deflation
In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....
https://knews.kathimerini.com.cy/en/business/cabinet-looks-to-end-decades-long-debate-on-multiple-pensions
The Cabinet on Tuesday approved an amended bill on retirement benefits for state officials, moving one step closer to resolving a public issue debated for over 40 years....
https://knews.kathimerini.com.cy/en/business/india-s-drone-power-lands-in-cyprus
Indian business interest in Cyprus is gaining momentum, with drone tech leader Drone Destination planning to set up shop on the island....
https://knews.kathimerini.com.cy/en/news/smart-meters-continue-to-roll-out-across-cyprus
The Cyprus Electricity Authority (EAC) is picking up the pace with its smart meter rollout, announcing that from Tuesday, installations will expand to more neighborhoods in all districts of the island....
https://knews.kathimerini.com.cy/en/news/imf-and-eu-to-cyprus-cool-it-on-the-pay-rises-you-re-not-made-of-money
Cyprus may be riding high on economic growth, but the message from international watchdogs this week is blunt: slow down the spending, especially on public salaries, or risk unraveling the progress....
https://knews.kathimerini.com.cy/en/news/payabl-launches-virtual-business-cards-to-empower-smarter-business-spending
Leading European financial technology provider, payabl. has launched its Virtual Business Cards service, a digital payment solution designed to give businesses greater control, security, and visibility over their spending....
https://knews.kathimerini.com.cy/en/news/cypriots-ready-to-embrace-home-energy-storage-but-only-with-subsidies-survey-finds
A recent survey reveals strong Cypriot consumer support for expanding household photovoltaic (PV) systems with battery storage, but adoption hinges on government subsidies, according to research by Realpolls presented at the Green Agenda Cyprus Summit....
https://knews.kathimerini.com.cy/en/news/single-parent-families-get-fairer-deal-under-new-benefit-rules
Cyprus is scrapping a controversial rule that cost many single-parent families their financial support....
https://knews.kathimerini.com.cy/en/news/christodoulides-tackles-energy-prices-demographic-crisis-and-declares-cyprus-set-to-join-schengen
President Christodoulides outlined Cyprus’s plans to join the Schengen Area by 2026, urged no increase in electricity prices, and highlighted new measures to address the country’s demographic crisis....
https://knews.kathimerini.com.cy/en/news/cypriot-banks-on-the-rise-as-credit-upgrades-could-mean-cheaper-loans-for-all
Cypriot banks are starting 2025 on a high note, collecting credit upgrades from major international rating agencies and setting the stage for wider economic benefits that could reach the average citizen....
https://knews.kathimerini.com.cy/en/business/emirates-and-aegean-enhance-partnership-to-offer-reciprocal-loyalty-benefits
Emirates Skywards members can now earn and redeem Miles on all flights operated by AEGEAN; and similarly, Miles+Bonus members can earn and redeem miles on all flights operated by Emirates....
https://knews.kathimerini.com.cy/en/news/christodoulides-to-woo-cypriot-talent-abroad-at-london-‘brain-gain-event
President Nikos Christodoulides is inviting Cypriots living in the UK to a special event in London on Wednesday, May 21, as part of the government’s "Brain Gain" initiative....
https://knews.kathimerini.com.cy/en/news/systemic-neglect-cyprus-forces-re-evaluations-for-lifelong-disabilities-stripping-vital-benefits
Cyprus’ disability assessment system is under fire for failing to recognize congenital hearing loss as a permanent condition, prompting calls from lawmakers and disability advocates for urgent reforms....
https://knews.kathimerini.com.cy/en/business/5-residential-properties-for-sale-by-astrobank
AstroBank has listed for sale a penthouse in Strovolos, as well as other residential properties in Nicosia, Larnaca, Paphos, and Famagusta....
https://knews.kathimerini.com.cy/en/news/government-hourly-workers-say-they-re-fed-up-and-they-want-a-raise
It’s official: Cyprus’ hourly government employees are tired of feeling like second-class citizens in their own departments....
https://knews.kathimerini.com.cy/en/business/cyprus-foreign-companies-pledge-30-local-workforce-by-2027
Cyprus has seen undeniable growth in foreign companies, and the economic benefits are clearly outweighing any potential downsides. ...
https://knews.kathimerini.com.cy/en/news/uae-to-gift-cyprus-mobile-desalination-unit-for-2025-water-needs
A mobile desalination unit from the United Arab Emirates will soon be arriving in Cyprus, and it’s coming free of charge. ...
https://knews.kathimerini.com.cy/en/business/shell-cyprus-takes-you-to-monza-to-feel-the-pulse-of-formula-1-in-person
oral Cyprus (Shell Licensee) is giving three lucky winners the chance to win a unique trip to Monza, Italy, to experience the thrill of the Formula 1 Grand Prix and get up close and personal with the legendary Scuderia Ferrari team!...
https://knews.kathimerini.com.cy/en/news/cyprus-restarts-gas-project-with-european-aid-and-floating-giant-prometheus
Cyprus is gearing up to revive its biggest energy project, the long-delayed natural gas terminal at Vasilikos, after a rocky period following the exit of a Chinese consortium that had taken the lead. ...
https://knews.kathimerini.com.cy/en/news/trump-s-tariff-war-backfires-as-tourists-ditch-u-s-head-to-europe
The global tariff war initiated by the Trump administration will have a negative impact on the US economy in 2025, as European and Canadian tourists change their plans....
https://knews.kathimerini.com.cy/en/news/cyprus-to-launch-post-easter-recruitment-drive-for-700-national-guard-soldiers
The Council of Ministers has approved the Ministry of Defence’s proposal to recruit 700 contract soldiers for the National Guard....
https://knews.kathimerini.com.cy/en/news/strange-fish-are-taking-over-cyprus-waters
Cyprus’ crystal-clear waters are being invaded, not by tourists, but by a growing army of alien marine species. Over 200 non-native species have already made their way into the island's seas, and some are leaving a trail of destruction in their wake. ...
https://knews.kathimerini.com.cy/en/comment/opinion/what-kind-of-education-do-we-really-want
Two separate incidents last week reignited an uncomfortable but necessary question: What kind of education do we really want? ...
https://knews.kathimerini.com.cy/en/comment/opinion/fairy-tales-about-benefits-and-other-wild-stories
Certain catchy lies continue to circulate in our public discourse. Lies that, no matter what, simply refuse to die....
https://knews.kathimerini.com.cy/en/news/once-again-lidl-cyprus-stands-by-its-people-this-easter
Lidl Cyprus continues to invest in its team, recognizing their commitment and contribution to the company's success. In this context, it continues to provide additional cash benefits that enhance the income of its employees....
https://knews.kathimerini.com.cy/en/news/human-rights-court-voices-concern-over-migrant-treatment-in-cyprus
Cyprus has come under increased scrutiny for its handling of migration, with the Auditor General's recent report shining a light on several serious issues despite efforts to reduce illegal arrivals. ...
https://knews.kathimerini.com.cy/en/news/cyprus-social-welfare-services-under-fire-amid-rising-failures-and-tragic-cases
Cyprus’ Social Welfare Services (SWS) are facing deep-rooted problems that have been simmering for years, and these issues are now putting vulnerable people at serious risk....