https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-a-win-for-families-a-challenge-for-businesses
Cyprus is set to undergo its first major tax reform in over 20 years, with changes expected to align the system with the country’s evolving economic landscape....
https://knews.kathimerini.com.cy/en/business/cypriot-businesses-set-their-sights-on-the-u-s
For the first time, a Cypriot business delegation will participate in the SelectUSA Investment Summit and SelectUSA Tech Summit, two major investment events in the United States aimed at companies looking to enter or expand in the U.S. market....
https://knews.kathimerini.com.cy/en/news/paphos-polis-killer-road-to-become-four-lane-highway-after-years-of-delays
The long-debated Paphos-Polis Chrysochous road project is finally moving forward—with a major upgrade. What was once planned as a two-lane highway will now be a four-lane road, a move the government says will improve safety and boost economic growth in the region....
https://knews.kathimerini.com.cy/en/news/2024-global-vc-investment-rises-to-$368b-as-investor-interest-in-ai-soars
Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...
https://knews.kathimerini.com.cy/en/news/anti-immigration-rhetoric-grows-but-immigrants-could-help-europe-s-aging-populations
The rise of far-right, anti-immigration politics across Europe is threatening to accelerate the continent’s demographic decline, experts warn, potentially triggering economic instability, labor shortages, and soaring costs for elderly care....
https://knews.kathimerini.com.cy/en/business/government-announces-minimum-wage-increase-for-hotel-workers
President Nikos Christodoulides highlighted key economic and labor policy decisions today during a Council of Ministers meeting at the Presidential Palace, emphasizing efforts to boost employment and attract Cypriot professionals back home....
https://knews.kathimerini.com.cy/en/news/larnaka-new-projects-new-energy-and-a-bright-outlook-for-its-tourism
Larnaka is on the verge of an exciting transformation. With its beautiful coastline, rich history, and growing modern developments, the city is becoming an increasingly attractive spot for tourists....
https://knews.kathimerini.com.cy/en/news/ey-the-biggest-risks-facing-cyprus-and-governments-worldwide
As we move further into 2025, governments around the world, including Cyprus, are facing a range of challenges....
https://knews.kathimerini.com.cy/en/news/is-cyprus-public-sector-too-large-hiring-freeze-lifted-amid-rising-costs
The Cyprus government is set to fully lift the ban on hiring permanent public sector employees, marking a significant shift from austerity measures imposed over a decade ago....
https://knews.kathimerini.com.cy/en/business/1-€122m-boost-for-famagusta-30-new-projects-announced
In a bold move to boost the development of the Famagusta district, President of the Republic of Cyprus, Nikos Christodoulides, announced 30 new projects with a total budget of €122 million ...
https://knews.kathimerini.com.cy/en/business/igc-business-investment-council-launched-in-india
The India-Greece-Cyprus (IGC) Business & Investment Council was officially launched today at the Taj Mahal Palace in Mumbai, marking a significant milestone in strengthening the economic ties between the three nations. ...
https://knews.kathimerini.com.cy/en/news/christodoulides-to-visit-us-in-april-to-boost-cyprus-investments
President Nicos Christodoulides’ upcoming official visit to the United States in April is focused on strengthening Cyprus’ ties with the US and attracting investments, part of a broader government strategy. ...
https://knews.kathimerini.com.cy/en/business/fewer-americans-expected-in-cyprus-this-summer-as-travel-costs-rise
Cyprus, like the rest of Europe, may see fewer American tourists this summer as high travel costs and shifting preferences push U.S. travelers to rethink their vacation plans. ...
https://knews.kathimerini.com.cy/en/business/nasdaq-listed-freedom-24-is-making-its-mark-in-cyprus-and-beyond
When Timur Turlov, the CEO of Freedom Holding Corp., set his sights on Cyprus, he saw more than just a financial hub—he saw opportunity. In a market where fintech companies are staking their claims, ...
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-aiming-for-innovation-sustainability-and-simplicity
A major tax reform is underway in Cyprus as part of the Tax Transformation Project, led by the Centre for Economic Research (CER) at the University of Cyprus. ...
https://knews.kathimerini.com.cy/en/business/cyprus-ended-2024-with-a-banking-boom-as-loans-and-deposits-surged
Cyprus closed out 2024 with a surge in banking activity, as both loans and deposits saw substantial increases, according to the latest data from the Central Bank of Cyprus (CBC). ...
https://knews.kathimerini.com.cy/en/comment/opinion/a-green-planet-with-india-leading-the-way
Climate Change is a defining challenge of our times but as the world hurtles toward an escalating climate crisis, India is stepping into a global leadership role to tackle climate change. ...
https://knews.kathimerini.com.cy/en/news/eu-launches-€5-million-scholarship-fund-for-turkish-cypriots
The European Commission's office in Cyprus has announced the launch of the EU Scholarship Programme for the Turkish Cypriot community for the academic year 2025–2026. ...
https://knews.kathimerini.com.cy/en/news/1-cyprus-moves-closer-to-energy-independence-as-drilling-begins-in-block-5
Excitement is building as drilling in Block 5 of Cyprus’ exclusive economic zone (EEZ) officially began on Friday. President Nikos Christodoulides announced the development with enthusiasm, highlighting its potential to position Cyprus as a key player in the European energy market....
https://knews.kathimerini.com.cy/en/news/long-awaited-highway-finally-on-track-with-€330-million-price-tag
The long-delayed Polis Chrysochous-Paphos highway project, now estimated to cost a staggering €330 million, is finally moving forward with a completion target set for 2030-2032....
https://knews.kathimerini.com.cy/en/news/greek-ing-the-system-trump-s-greek-american-allies-shape-u-s-policy
Donald Trump’s administration is certainly influenced by several Greek Americans who are playing key roles in shaping U.S. policies. As Trump gets ready to be sworn in for his second term, these Greeks are not only helping to execute his vision but also ensuring that the U.S.-Greece relationship remains strong....
https://knews.kathimerini.com.cy/en/news/trump-s-tariff-plans-could-hurt-cyprus-economy
The looming inauguration of U.S. President-elect Donald Trump has stirred concern across the Eurozone, and Cyprus is no exception....
https://knews.kathimerini.com.cy/en/news/unions-push-back-on-new-foreign-worker-rules
Trade unions are clashing over the proposed framework for regulating the employment of workers from third countries. ...
https://knews.kathimerini.com.cy/en/news/poland-to-prioritize-security-on-all-fronts-during-its-eu-presidency
Poland has laid out an ambitious roadmap for its 2025 Presidency of the Council of the European Union, with security taking center stage. Ambassador Marek Szczepanowski presented the priorities on Tuesday at the House of Europe in Nicosia, under the presidency’s guiding motto: “Security, Europe!”...
https://knews.kathimerini.com.cy/en/news/first-cypriot-appointed-to-helm-global-shipping-powerhouse
The appointment of a Cypriot as Secretary General/CEO of the International Chamber of Shipping (ICS) is a major vote of confidence in the Cypriot shipping industry....
https://knews.kathimerini.com.cy/en/business/cyprus-airports-hit-record-breaking-passenger-traffic-in-2024
Passenger traffic at Larnaca and Paphos airports hit an all-time high in 2024, marking a milestone for Cyprus’ travel sector, according to the Ministry of Transport, Communications and Works....
https://knews.kathimerini.com.cy/en/business/cyprus-greece-and-egypt-team-up-to-boost-business-opportunities
Entrepreneurs and businesses eyeing opportunities in the Eastern Mediterranean have reason to celebrate. Cyprus, Greece, and Egypt have formalized a powerful partnership with the establishment of a Trilateral Business Council...
https://knews.kathimerini.com.cy/en/news/cooperation-among-cyprus-greece-and-egypt-essential-for-stability-in-the-eastern-mediterranean
In a fluid and volatile international environment, closer cooperation among Cyprus, Greece, and Egypt has become essential to ensure peace and stability in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/news/tatar-calls-for-new-framework-for-cyprus-talks-in-new-year-message
In his New Year message, Turkish Cypriot leader Ersin Tatar focused on the ongoing Cyprus problem and the economic challenges facing the Turkish Cypriot community. ...
https://knews.kathimerini.com.cy/en/business/eurozone-growth-hopes-dim-as-2025-looms
Just days before the start of 2025, analysts have trimmed expectations for the Eurozone's economic growth. ...
