https://knews.kathimerini.com.cy/en/news/lidl-cyprus-establishes-a-14th-salary-providing-a-summer-leave-allowance-for-its-people
Lidl Cyprus confirms its steady commitment to supporting and rewarding its people with benefits totaling €1 million, while simultaneously establishing a 14th salary for all its employees. This new benefit - the summer leave allowance - which will be paid in June and will be equivalent to half a month's salary, comes in addition to the Easter and Christmas bonuses that the company has been providing to its entire team for years....
https://knews.kathimerini.com.cy/en/news/cyprus-debt-drops-faster-than-almost-anywhere-else-in-europe
Cyprus has recorded the third-largest reduction in public debt among European Union countries, President Nikos Christodoulides said on Tuesday, highlighting the island’s strong fiscal performance....
https://knews.kathimerini.com.cy/en/business/cyta-posts-€85-million-profit-as-digital-infrastructure-investments-accelerate
Cyprus’ state-owned telecommunications provider Cyta reported a sharp rise in profits in 2025 and outlined an ambitious new round of infrastructure investments as it presented its 2026 budget to Parliament on Monday....
https://knews.kathimerini.com.cy/en/business/cyprus-enters-the-ai-big-league-with-nvidia-partnership
The Cypriot government is moving ahead at full speed with its strategic partnership with U.S. tech giant NVIDIA as part of a broader effort to upgrade the country’s national infrastructure through the installation of a supercomputer scheduled to go live in June 2026....
https://knews.kathimerini.com.cy/en/business/cyprus-becomes-india-s-gateway-to-europe-as-landmark-trade-deal-takes-effect
A fresh momentum is taking hold in Cyprus-India commercial relations, thanks to the free trade agreement recently finalized between the European Union and India. The deal promises lower tariffs on European products and smoother access to the vast Indian market....
https://knews.kathimerini.com.cy/en/news/cyprus-made-money-this-summer-and-spent-a-lot-of-it
Cyprus recorded a €653.6 million budget surplus in the third quarter of 2025, according to preliminary figures released by the Statistical Service, good news for the country’s finances, even if it’s a slimmer cushion than last year....
https://knews.kathimerini.com.cy/en/news/cablenet-sets-new-standards-in-mobile-connectivity-with-the-launch-of-5g-unlimited-plans
Cablenet recently unveiled its new 5G Unlimited Plans, marking the first major launch in a series of new-generation products designed to transform the way customers experience mobile connectivity in Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-puts-more-money-back-in-families-pockets
Cyprus’ long-awaited tax reform has officially taken effect, and families, workers, and businesses are already feeling the impact. ...
https://knews.kathimerini.com.cy/en/news/police-revolt-outside-parliament-you-cut-our-hours-you-cut-our-lives
Police officers took their fight from the streets to Parliament on Wednesday, protesting what they call a unilateral and deeply unfair decision by the Chief of Police to change their working hours without consultation....
https://knews.kathimerini.com.cy/en/news/two-infants-undergo-groundbreaking-cochlear-implant-surgery-at-nicosia-general
At just seven months old, two babies in Cyprus have taken a life-changing step toward hearing the world around them....
https://knews.kathimerini.com.cy/en/news/ceo-confidence-in-revenue-outlook-hits-five-year-low-–-as-ai-becomes-a-defining-divide-between-leaders-and-laggards-pwc-2026-global-ceo-survey
CEO confidence in their company’s revenue prospects has fallen to its lowest level in five years, as business leaders grapple with uneven returns from artificial intelligence, rising geopolitical risk, and intensifying cyber threats....
https://knews.kathimerini.com.cy/en/business/european-banking-chiefs-holding-high-level-talks-in-cyprus
Leaders from the European Banking Federation (EBF) are visiting Cyprus today and tomorrow (Jan. 13 and 14) for a series of high-level meetings with government officials and local financial regulators....
https://knews.kathimerini.com.cy/en/business/minimum-wage-jumps-in-occupied-areas-but-workers-say-they-re-still-falling-behind
In both the Greek Cypriot and Turkish Cypriot communities, new decisions on pay have garnered angry reactions among trade unions and unease among employers, even though the numbers themselves look very different....
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/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/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/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/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/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/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/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....
