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12° Nicosia,
10 August, 2026
 

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Displaying results 1-26 of 26 matches for query cash in transit.

1. Financial instability in the occupied area threatens future reunification plans

https://knews.kathimerini.com.cy/en/business/financial-instability-in-the-occupied-area-threatens-future-reunification-plans

Up until now, all parties, including the Greek Cypriot side, have operated under the assumption that they don't need to tackle the fiscal viability of the successor state in the occupied area. That mindset is dangerous, especially when the necessary fixes aren't actually out of reach, so long as someone takes action....

2. Consumer spending remains resilient despite the war

https://knews.kathimerini.com.cy/en/business/consumer-spending-remains-resilient-despite-the-war

Consumer spending in Cyprus remains resilient despite market uncertainty fueled by inflation and the conflict in the Middle East. Cypriots took advantage of the clearances that started around the end of June, focusing their shopping primarily on clothing and footwear....

3. EAC rolls out energy-saving push by offering €20 LED vouchers for every home

https://knews.kathimerini.com.cy/en/news/eac-rolls-out-energy-saving-push-by-offering-€20-led-vouchers-for-every-home

The Electricity Authority of Cyprus (EAC) Supply has announced the rollout of the second phase of its energy-efficiency initiative, extending €20 vouchers for LED lighting to all residential customers....

4. Ukraine accuses Hungary of detaining bank staff carrying $82 million in cash and gold

https://knews.kathimerini.com.cy/en/news/ukraine-accuses-hungary-of-detaining-bank-staff-carrying-$82-million-in-cash-and-gold

Tensions between Ukraine and Hungary escalated Friday after Kyiv accused Hungarian authorities of detaining seven employees of a Ukrainian state bank who were transporting tens of millions of dollars in cash and gold through the country....

5. New generators for Dhekelia now expected in 2030

https://knews.kathimerini.com.cy/en/news/new-generators-for-dhekelia-now-expected-in-2030

Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....

6. Cyprus Tax Reform 2026: What Changed and What Stayed the Same

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....

7. Cyprus at the heart of major criminal network bust

https://knews.kathimerini.com.cy/en/news/cyprus-at-the-heart-of-major-criminal-network-bust

Spanish authorities are continuing their investigations into a major international criminal network involved in human trafficking and money laundering that operated across Cyprus and several European countries, according to Cyprus Police Spokesperson Kyriaki Lambrianidou....

8. Hatzigiannis: ''The social responsibility of banks is non-existent''

https://knews.kathimerini.com.cy/en/news/hatzigiannis-the-social-responsibility-of-banks-is-non-existent

Members of the Commerce Committee voiced disappointment following the responses provided by bank representatives regarding the installation of additional automatic teller machines (ATMs) to facilitate money withdrawals in communities....

9. Authorities stumped on declared cash

https://knews.kathimerini.com.cy/en/news/authorities-stumped-on-declared-cash

The question of the whereabouts of over 90 million euros in cash allegedly spent by travelers arriving in Cyprus through Larnaca and Paphos airports in the last 15 months remains unanswered by competent state authorities....

10. Cyprus' economic resilience earns high credit rating confirmation

https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation

International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks. ...

11. Winter 2024 brings 17% boost in energy production

https://knews.kathimerini.com.cy/en/news/winter-2024-brings-17-boost-in-energy-production

Energean recorded new production growth in the first two months of 2024. Specifically, the company said in a statement that from 123 thousand......

12. Pillar two readiness and technology

https://knews.kathimerini.com.cy/en/business/pillar-two-readiness-and-technology

As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...

13. BOC appoints Bank of America as joint corporate broker, resumes dividend payments

https://knews.kathimerini.com.cy/en/business/boc-appoints-bank-of-america-as-joint-corporate-broker-resumes-dividend-payments

The Bank of Cyprus has announced the appointment of Bank of America Europe DAC (BofA Securities) as a joint Corporate Broker, along with NUMIS Securities Limited (NUMIS) and Keefe, Bruyette & Woods (KBW, acting through Stifel Nicolaus Europe Limited), with immediate effect....

14. Finance Ministry: 'Cyprus economy will not enter a recession'

https://knews.kathimerini.com.cy/en/news/finance-ministry-cyprus-economy-will-not-enter-a-recession

There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...

15. Cyprus' minimum wage set at 940 euros per month

https://knews.kathimerini.com.cy/en/news/cyprus-minimum-wage-set-at-940-euros-per-month

The Minister of Labour and Social Insurance, Kyriakos Kousios, announced the establishment of the National Minimum Wage after the meeting of the Council of Ministers, calling it a historic day for the welfare state....

16. Myth-buster: IFRS 17 an accounting standard for insurance contracts

https://knews.kathimerini.com.cy/en/business/myth-buster-ifrs-17-an-accounting-standard-for-insurance-contracts

As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...

17. Policy priorities unaffected by pandemic, FinMin says

https://knews.kathimerini.com.cy/en/news/policy-priorities-unaffected-by-pandemic-finmin-says

Despite the crisis of the Covid-19 pandemic Cyprus’ economic policies remain the same, targeting macroeconomic and financial stability, prudent fiscal policies, and establishing a competitive, business-friendly regulatory environment of high standards, Minister of Finance Constantinos Petrides said on Thursday....

18. Third suspect in armored truck heist caught

https://knews.kathimerini.com.cy/en/news/third-suspect-in-armored-truck-heist-caught

A third suspect in Nicosia's money van heist outside a local bakery has been apprehended in Paphos, after the man reportedly sought help from a farmer who notified police...

19. Armored truck robbery suspect sighted

https://knews.kathimerini.com.cy/en/news/armored-truck-robbery-suspect-sighted-in-paphos

Paphos police have tracked down the third suspect in last week’s cash-in-transit heist, days after he had managed to evade capture during a highway stop...

20. Man wanted in armored truck robbery

https://knews.kathimerini.com.cy/en/news/man-wanted-in-armored-truck-robbery

Two suspects are in police custody and another man remains at large in connection with a cash-in-transit robbery in Nicosia, with investigators pursuing links to Paphos...

21. Cleaver-bearing trio stage cash-in-transit heist

https://knews.kathimerini.com.cy/en/news/cleaver-bearing-trio-stage-cash-in-transit-heist

Police on Monday arrested three suspects after cash-in-transit guards were attacked at a bakery in Nicosia’s Ayios Dometios by three perpetrators holding cleavers, with the trio getting away with a sum of €52,000....

22. Citizens praised for helping police

https://knews.kathimerini.com.cy/en/news/citizens-praised-for-helping-police

Dozens of citizens got praise from authorities during a police award ceremony on Wednesday in recognition of their role in combating crime...

23. Paphos links in foiled Limassol heist

https://knews.kathimerini.com.cy/en/news/paphos-links-in-foiled-limassol-heist

Police are extending their investigations to Paphos following the cash-in-transit attempted robbery, with the security guard who was injured reportedly doing fine...

24. Cash-in-transit heist foiled in Limassol

https://knews.kathimerini.com.cy/en/news/cash-in-transit-heist-foiled-in-limassol

Two hooded men attempted to rob a cash-in-transit van in broad daylight in Limassol, while shots were fired to scare the private security guards...

25. You can’t put a price on heritage

https://knews.kathimerini.com.cy/en/comment/opinion/you-can-t-put-a-price-on-heritage

When the German tabloid Bild suggested that Greece should sell off Corfu and the Parthenon as part of its asset-stripping, they didn't know that Durrell had foreseen this many years ago...

26. May defends Saudi ties as crown prince gets royal welcome

https://knews.kathimerini.com.cy/en/news/may-defends-saudi-ties-as-crown-prince-gets-royal-welcome

British officials were privately delighted at the decision by Prince Mohammed to choose Britain as the major western destination on his first foreign trip ...

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