https://knews.kathimerini.com.cy/en/life/cyprus-government-steps-in-to-fund-critical-treatment-for-young-abraham
In a turn of events, the government of Cyprus has stepped in to cover the costs of transferring five-year-old Abraham Christoforou to Israel for specialized medical treatment, offering a glimmer of hope to a family facing a life-threatening crisis....
https://knews.kathimerini.com.cy/en/business/cyprus-to-boost-wages-for-nearly-half-the-workforce-amid-rising-costs
Cyprus is set to spend more next year, with the 2026 budget estimating total expenditures, including loan repayments, interest, and investments, at €13.7 billion, up from €12.9 billion in 2025. Personnel costs, including pensions and gratuities, are expected to rise by roughly 4.2%, reaching €3.7 billion....
https://knews.kathimerini.com.cy/en/business/u-s-now-penniless-after-more-than-230-years
America’s penny has officially punched out. After 230 years of jingling in pockets, collecting dust in jars, and costing more to make than it’s worth, the 1-cent coin is out of production....
https://knews.kathimerini.com.cy/en/news/cyprus-wages-lag-behind-eu-average-though-growth-continues
Now that the Cost of Living Allowance agreement was signed yesterday, it’s a good moment to take a closer look at how Cypriots’ salaries stack up against their European neighbors, and the numbers tell an eye-opening story....
https://knews.kathimerini.com.cy/en/comment/opinion/rich-young-people-under-41
We were glad to hear that the government will keep several housing schemes running in 2026. That’s good news, at least on paper....
https://knews.kathimerini.com.cy/en/news/cyprus-unveils-advanced-defense-drones-and-anti-drone-systems-photos
The Cypriot Ministry of Defense today showcased two cutting-edge defense systems developed under its ATHENA research and innovation program: THISEAS, a drone-based situational awareness platform, and DroneEYE, a portable and vehicle-mounted anti-drone system....
https://knews.kathimerini.com.cy/en/business/cyprus-restaurants-cleaner-and-friendlier-but-prices-all-over-the-map
Cyprus restaurants may be cleaner and more polite these days, but diners are still facing wild price swings and patchy service, according to the annual assessment by the Cyprus Consumers Association....
https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-in-food-drink-and-tobacco-sales-in-september
Cyprus saw a big jump in food, drink, and tobacco sales in September 2025, with people buying 10.4% more than the same month last year, Eurostat says. That’s the highest increase in the European Union, far above the EU average of just 0.5% and the eurozone’s 1% rise....
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/news/cyprus-counts-175-000-legal-migrants-as-irregular-arrivals-plummet-89
The Republic of Cyprus now hosts more than 175,000 legally residing nationals from non-EU countries, according to figures presented this week to Parliament by the Deputy Ministry of Migration and International Protection. ...
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/news/october-newsletter-of-k-treppides-co-ltd-–-31-10-2025
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/bank-of-cyprus-cuts-staff-again-with-new-severance-offer
The Bank of Cyprus is downsizing again, launching a new voluntary exit plan for 40 to 50 employees as it seeks to cut staff and rein in expenses....
https://knews.kathimerini.com.cy/en/news/vafeades-pushes-for-high-speed-train-linking-three-cities-but-eu-won-t-fund-it
Minister of Transport, Communications and Works, Alexis Vafeades, is examining the possibility of connecting Nicosia, Larnaca, and Limassol through “a type of train, ideally a high-speed train.” ...
https://knews.kathimerini.com.cy/en/news/mps-blast-private-schools-for-turning-away-children-with-disabilities
Lawmakers in Cyprus were visibly frustrated on Wednesday as parents and disability advocates shared stories of private schools turning away children with disabilities or refusing to let them bring classroom aides....
https://knews.kathimerini.com.cy/en/news/is-water-on-the-rise-cyprus-faces-shortages-after-years-of-overuse-minister-warns
Cyprus is grappling with a severe and prolonged water shortage, a problem Agriculture Minister Maria Panayiotou described as decades in the making. ...
https://knews.kathimerini.com.cy/en/news/surprise-the-auditor-general-is-coming-to-your-counter
Auditor General Andreas Papaconstantinou told the House Finance Committee that the Audit Office will conduct sudden on-site inspections this month to evaluate how citizens experience public services....
https://knews.kathimerini.com.cy/en/news/president-unveils-major-tax-overhaul-aimed-at-fairness-growth-and-green-transition
Cyprus is rolling out the biggest tax shake-up in more than two decades, promising a fairer system that supports families, strengthens local businesses, and keeps the economy competitive....
https://knews.kathimerini.com.cy/en/news/europe-s-economy-takes-a-breather-but-cyprus-isn-t-immune-to-the-cough
Europe’s economy is trying to catch its breath. Exports are slumping, inflation is lingering, and policymakers are now counting on people’s paychecks and steady jobs to keep things from stalling completely....
https://knews.kathimerini.com.cy/en/comment/opinion/when-€9-sheftalies-make-you-rethink-dining-in-cyprus
You know that moment when you’re asked to pay €9 for three tiny sheftalies? That’s when you start wondering if the bill secretly includes the server’s storytelling or the restaurant’s marketing pitch, because apparently, those are more important than the taste....
https://knews.kathimerini.com.cy/en/business/young-cypriots-struggle-to-leave-home-as-state-housing-aid-nears-€80-million
Cyprus’s housing crisis, mirroring a wider European struggle, has left young people increasingly unable to move out of their parents’ homes....
https://knews.kathimerini.com.cy/en/news/as-dams-run-dry-cyprus-farmers-brace-for-a-lost-season
Farmers across Cyprus have been advised not to plant seasonal crops this year as the island faces a historic drought that has left dams at just 10 to 11 percent capacity....
https://knews.kathimerini.com.cy/en/news/the-future-of-finance-five-key-trends-shaping-the-role-of-finance-leaders-by-2026
Finance is no longer just about numbers and budgets. Today’s finance leaders are stepping up as key strategists, using technology and new ways of working to help businesses grow and adapt in an uncertain world....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-dramatic-water-shortage-as-dam-levels-drop-to-11
Cyprus is facing a worsening water crisis, with dam reserves down to just 11% of capacity, about 33 million cubic meters, compared to 27% last year, officials told Parliament’s Agriculture Committee on Tuesday....
https://knews.kathimerini.com.cy/en/business/pollution-costs-push-power-prices-over-€200-million
The cost of carbon emissions tied to electricity generation has already surpassed €200 million this year, a figure that continues to climb as carbon prices remain higher than in 2024....
https://knews.kathimerini.com.cy/en/news/€50-million-could-flow-to-consumers-as-cyprus-moves-to-tax-renewable-energy-giants
Cyprus is considering a controversial move to tax unexpected profits from private renewable energy companies, a measure aimed at funneling millions into programs that could ease the burden on consumers....
https://knews.kathimerini.com.cy/en/news/authorities-seek-solutions-to-protect-larnaca-salt-lake
A recent incident involving two vehicles getting stuck at Larnaca’s Aliki Salt Lake highlighted ongoing violations in the area. Pedestrians and motorcyclists frequently trespass, prompting local authorities to explore ways to safeguard the sensitive environment....
https://knews.kathimerini.com.cy/en/news/rescue-underway-for-cars-stuck-in-salt-lake-owners-face-hefty-fines
Efforts are underway to rescue two vehicles trapped in Larnaca Salt Lake since last Wednesday, city officials confirmed. According to Mayor Andreas Vyras, a company will attempt to free the cars today, and if unsuccessful, will make another attempt on Thursday....
https://knews.kathimerini.com.cy/en/business/cypriots-earn-a-bit-more-in-2024-just-don-t-spend-it-all-at-once
Workers in Cyprus took home more money in 2024, but the pace of wage growth lost steam as inflation continued to squeeze household budgets....
https://knews.kathimerini.com.cy/en/news/when-paying-for-groceries-becomes-a-crowdfunding-campaign
In the U.S., some people aren’t just asking for help with medical bills or emergencies anymore, they’re crowdfunding their groceries. That’s according to GoFundMe CEO Tim Cadogan, who says more Americans are turning to online campaigns just to make ends meet....
