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/business/cypriot-banks-see-lower-profits-but-growing-assets-in-2025
Cyprus’s banking sector recorded a notable decline in profitability during the first nine months of 2025, even as its balance sheet continued to expand, according to the latest data released by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/wizz-air-announces-as-roma-partnership
Nicosia, 15 December 2025 - Wizz Air, one of Europe’s leading low-cost airlines and a top carrier in Italy’s aviation landscape, is proud to unveil a major new partnership with Serie A club AS Roma....
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-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/ukraine-readies-new-peace-plan-for-trump-but-refuses-to-give-up-any-land
Ukraine is preparing to send a revised peace proposal to Washington this week, but President Volodymyr Zelensky is standing firm on one key point: no territorial concessions to Russia, not now, not ever....
https://knews.kathimerini.com.cy/en/news/december-newsletter-of-k-treppides-co-ltd-–-5-12-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/wizz-air-celebrates-its-250th-aircraft
Wizz Air, the fastest-growing European airline and a leading one in Central and Eastern Europe, today unveiled its 250th aircraft, marking a defining milestone in the airline’s growth story and placing the company halfway toward its goal of a 500-aircraft fleet....
https://knews.kathimerini.com.cy/en/news/the-landmark-nicosia-opens-tomorrow-and-it-s-set-to-change-the-city-s-luxury-scene
Nicosia has a new star in the city’s hospitality scene. The Landmark Nicosia, Autograph Collection, opens on December 2, ready to set a new standard for luxury stays in the capital and across Cyprus. ...
https://knews.kathimerini.com.cy/en/news/coral-cyprus-shell-licensee-opens-new-shell-branded-fuel-station-in-lakatamia
Coral Cyprus (Shell Licensee) announces the opening of its new Shell branded fuel station in Lakatamia, further expanding the company’s presence in Nicosia and reaffirming its commitment to bringing high-quality fuels, innovative services, and superior customer experience closer to Cypriot motorists....
https://knews.kathimerini.com.cy/en/news/nicosia-s-forgotten-sopaz-site-is-finally-getting-a-new-life
The redevelopment effort for the former SOPAZ industrial site is steadily advancing, according to an update from Nicosia Mayor Charalambos Prountzos....
https://knews.kathimerini.com.cy/en/business/fitch-lifts-bank-of-cyprus-rating-citing-stronger-economy-and-cleaner-balance-sheet
Bank of Cyprus got a financial thumbs-up from Fitch Ratings on Wednesday, with the agency upgrading the bank’s long-term rating to ‘BBB’ from ‘BBB-’ and giving its Viability Rating the same bump....
https://knews.kathimerini.com.cy/en/news/ukraine-edges-toward-u-s-peace-deal-as-only-a-few-disagreements-remain
Ukraine says it has reached ''common understanding'' with the United States on nearly all major parts of Washington’s 28-point peace plan, signaling that Kyiv now disagrees with only a handful of issues as negotiations accelerate across multiple capitals....
https://knews.kathimerini.com.cy/en/business/revenue-slumps-budget-spending-trails-in-cyprus
By the end of October 2025, Cyprus had collected 65% of its planned state revenues, while government spending reached just 59% of the budget, according to the General Accounting Office....
https://knews.kathimerini.com.cy/en/business/eurobank-to-begin-trading-on-cyprus-stock-exchange-in-december-2025
In December 2025, Eurobank’s shares are set to start trading on the Cyprus Stock Exchange (CSE) in a “dual listing,” meaning they will continue trading simultaneously on the Athens Stock Exchange (ATHEX)....
https://knews.kathimerini.com.cy/en/news/police-sweep-at-nicosia-race-club-nets-fines-and-uncovers-possible-labor-violations
A police operation unfolded on Friday morning at the Nicosia Race Club, forming part of an ongoing campaign to curb serious and organized crime in the capital....
https://knews.kathimerini.com.cy/en/business/cyprus-scores-big-in-global-ratings
Cyprus is wrapping up the year with strong marks from the world’s big credit rating agencies, capping what officials say has been one of the economy’s best-performing years in recent memory....
https://knews.kathimerini.com.cy/en/news/cyprus-isn-t-one-property-market-anymore-—-it-s-five
Cyprus’ property market is no longer a single, predictable landscape. New data from Landbank Analytics shows the island has split into distinct mini-markets, each with its own prices, buyers and momentum, from Limassol’s sky-high residential values to Famagusta’s unusual dominance of field sales....
https://knews.kathimerini.com.cy/en/comment/opinion/when-ata-for-all-becomes-ata-for-no-one
And here we are. The government’s big promises and bold declarations over the Cost-of-Living Allowance (ATA) have officially run out of road. Remember when officials were preaching “ATA for all,” even pushing protesters to turn the slogan into rally signs? ...
https://knews.kathimerini.com.cy/en/news/iran-tries-to-squeeze-rain-from-empty-skies-as-record-drought-deepens
With reservoirs running dry and the country’s largest lake turning into a cracked salt bed, Iran is now trying to manufacture the one thing it desperately lacks: rain....
https://knews.kathimerini.com.cy/en/business/greece-targets-cyprus-linked-mailbox-companies-for-tax-evasion
Greek tax authorities have launched a sweeping crackdown on thousands of businesses that have shifted their headquarters to Bulgaria, Romania and Cyprus while continuing to operate primarily in Greece....
https://knews.kathimerini.com.cy/en/business/wolt-loans-nearly-€2-million-to-cypriot-small-and-medium-enterprises
Wolt, the platform connecting consumers, local businesses, and delivery partners, has lent nearly €2 million to small and medium-sized enterprises (SMEs) in Cyprus.
...
https://knews.kathimerini.com.cy/en/business/investment-momentum-in-oroklini
In recent years, Larnaca has shown remarkable momentum in urban development and real estate activity. The city, once known for its slower pace compared to other regions of Cyprus, is now attracting growing interest from investors and construction companies alike....
https://knews.kathimerini.com.cy/en/news/cyprus-real-estate-transfers-hit-nearly-€3-5-billion-in-first-nine-months-of-2025
Cyprus’ real estate market continues to shine, with property transfers reaching nearly €3.5 billion in the first nine months of 2025, up 12.6% from the same period last year, according to the Real Estate Agents Registration Council....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-€353-million-profit-in-2025-despite-lower-interest-income
Bank of Cyprus reported profits of €353 million for the first nine months of 2025, slightly below the €401 million earned in the same period last year but still showing solid results in a cooling economy....
https://knews.kathimerini.com.cy/en/business/jumbo-buys-out-shopping-mall-in-€10-8m-deal-with-eurobank
Retail heavyweight Jumbo has expanded its footprint in Greece, finalizing a €10.8 million cash deal to buy out the VESO MARE shopping center in Patras from Eurobank....
https://knews.kathimerini.com.cy/en/business/openai-and-freedom-holding-corp-to-advance-digital-education-in-kazakhstan
On November 6, 2025, in Washington, D.C., the Government of the Republic of Kazakhstan, OpenAI, Inc., and Freedom Holding Corp. (NASDAQ: FRHC), a parent company of Freedom24, signed a strategic agreement....
https://knews.kathimerini.com.cy/en/business/strategic-link-to-brussels-aegean-cleared-for-takeoff
The Department of Civil Aviation and Aegean Airlines are expected to sign a contract in the coming days to establish direct flights between Larnaca and Brussels (Zaventem Airport)....
https://knews.kathimerini.com.cy/en/business/ai-is-changing-everything-but-are-we-ready-for-it
Artificial intelligence is reshaping the global economy, labor, education, and finance, creating vast opportunities but also deep challenges, speakers warned at the 21st Economist Conference in Cyprus, where AI dominated this year’s agenda....
