https://knews.kathimerini.com.cy/en/business/eurobank-s-€1-3b-move-creates-cyprus-largest-bank
Eurobank Group’s €1.3 billion investment in Hellenic Bank is set to reshape Cyprus' banking landscape, creating the country’s largest financial institution with total assets of €27.5 billion....
https://knews.kathimerini.com.cy/en/news/grate-news-cyprus-sets-firm-limits-on-blended-halloumi
The Cyprus Dairy Producers’ Association has welcomed a new government decree that sets limits on the amount of blended halloumi cheese allowed in production....
https://knews.kathimerini.com.cy/en/news/one-in-three-cypriot-households-struggling-with-rising-costs
Cypriots are feeling the pinch in different ways, according to a new survey that highlights the divide in how people are coping with their household finances....
https://knews.kathimerini.com.cy/en/news/cyprus-gets-credit-rating-boost-what-it-means-for-the-economy
Cyprus received a major financial boost as credit rating agency Morningstar DBRS upgraded the country’s credit rating to A (low) from BBB (high), marking a key step in the country’s economic progress. ...
https://knews.kathimerini.com.cy/en/business/larnaca-port-workers-stage-24-hour-strike-over-safety-and-unloading-delays
Workers at the Port of Larnaca kicked off a 24-hour warning strike on Monday morning, blocking the port entrance in protest of unsafe working conditions and issues with the cargo unloading process....
https://knews.kathimerini.com.cy/en/life/zouhouri-square-in-larnaca-transforms-into-a-magical-ice-age-adventure
A unique experience is now unfolding in the heart of Larnaca, as Zouhouri Square undergoes a stunning transformation into an Ice Age-themed display....
https://knews.kathimerini.com.cy/en/business/€170-million-expansion-kicks-off-at-larnaca-and-paphos-airports
After years of planning and preparation, the expansion of Larnaka and Pafos Airports is officially underway. ...
https://knews.kathimerini.com.cy/en/news/prices-drop-for-most-basic-goods-but-fresh-produce-keep-climbing
Good news for shoppers—most basic goods saw a price drop in February, according to the latest Consumer Price Observatory report from the Consumer Protection Service. However, if you're buying fresh vegetables and greens, you might have noticed your grocery bill going up....
https://knews.kathimerini.com.cy/en/news/businesses-call-for-simpler-fairer-tax-reform-in-cyprus
The Institute of Certified Public Accountants of Cyprus is raising concerns over Cyprus’ proposed tax reform, arguing that while the new framework aims to ease the tax burden on individuals and businesses, it remains overly complex. ...
https://knews.kathimerini.com.cy/en/news/26-state-plots-for-new-livestock-units-to-boost-sheep-and-goat-farming
Cyprus is taking significant steps to strengthen its sheep and goat farming industry with the announcement of 26 state-owned plots available for the construction of new livestock units....
https://knews.kathimerini.com.cy/en/business/the-best-bank-to-ever-come-out-of-cyprus
The management of Hellenic Bank has set an ambitious goal for the new structure that will emerge in the coming months following its consolidation with Eurobank Cyprus....
https://knews.kathimerini.com.cy/en/business/new-health-and-education-complex-to-transform-lakatamia
Investments in Cyprus' health sector are booming, with new hospital units sprouting up across the island....
https://knews.kathimerini.com.cy/en/business/cyprus-economic-growth-faces-challenges-lenders-highlight-key-concerns
The Cypriot economy is showing strong signs of growth, with GDP expected to rise by over 3% and unemployment dropping below 5% in 2024. Private consumption continues to play a key role in driving this growth. ...
https://knews.kathimerini.com.cy/en/news/protests-erupt-over-new-headscarf-policy-in-turkish-cypriot-schools
Teachers' organizations in Cyprus are speaking out against a recent change to the country's school policies that allows girls under 18 to wear headscarves in schools. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-upgraded-to-investment-grade-by-fitch
The Bank of Cyprus has just hit another major milestone—Fitch Ratings has upgraded the bank to investment grade, marking the third global rating agency to do so. ...
https://knews.kathimerini.com.cy/en/news/cyprus-government-unveils-plans-to-tackle-housing-crisis
Cypriots struggling with the growing housing crisis can breathe a little easier, thanks to new government measures aimed at making homes more affordable and accessible....
https://knews.kathimerini.com.cy/en/business/greek-companies-eye-cypriot-market-for-new-business-opportunities
Greek businesses are continuing to make their mark on Cyprus, with a growing number of companies looking to expand and partner with Cypriot firms....
https://knews.kathimerini.com.cy/en/business/lebanese-investor-threatens-legal-action-over-blocked-€115m-nicosia-development
A Lebanese investor is threatening legal action after the Department of Antiquities blocked a €115 million development near the historic Nicosia walls, despite other authorities initially supporting the project...
https://knews.kathimerini.com.cy/en/comment/opinion/brain-gain-as-cypriots-return-to-growing-opportunities
The door has opened. There’s a flow of talent heading to Cyprus, driven by the country’s growing need for skilled workers, especially in technology and ICT. ...
https://knews.kathimerini.com.cy/en/news/liopetri-river-restoration-moves-forward-supporting-fishermen-and-local-economy
The long-awaited restoration of the Liopetri River is gaining momentum, with key government officials meeting behind closed doors to discuss how to move the project forward. ...
https://knews.kathimerini.com.cy/en/news/president-christodoulides-‘together-we-are-changing-cyprus
President Nicos Christodoulides reflected on his administration’s accomplishments during a televised sit-down with journalists, marking two years since he took office....
https://knews.kathimerini.com.cy/en/business/over-€1-2-billion-in-russian-assets-frozen-in-cyprus-amid-ongoing-sanctions
In Cyprus, over €1.2 billion worth of Russian assets have been frozen, as part of Europe's broader effort to block Russian assets amid ongoing sanctions. ...
https://knews.kathimerini.com.cy/en/business/eu-hits-back-with-$28-billion-in-tariffs-on-us-goods
The European Union is hitting back after U.S. President Donald Trump imposed a sweeping 25% tariff on all European steel and aluminum imports....
https://knews.kathimerini.com.cy/en/business/cyprus-sees-investment-boom-as-foreign-companies-flock-to-the-island
The investment scene in Cyprus is off to a strong start in 2025, with foreign investors showing increased enthusiasm for setting up businesses on the island....
https://knews.kathimerini.com.cy/en/news/lack-of-certificate-of-occupancy-puts-homeowners-at-risk-in-rent-to-mortgage-plan
A surprising revelation in the ongoing discussion about the Rent to Mortgage Scheme has raised concerns for homeowners across Cyprus: around 60% of the properties involved in the scheme do not have an official certificate of occupancy, meaning that a building complies with all necessary regulations and is safe for use or habitation....
https://knews.kathimerini.com.cy/en/news/trump-highlights-greece-cyprus-role-in-strategic-trade-corridor
U.S. President Donald Trump has drawn attention to the strategic importance of Greece and Cyprus in global trade and diplomacy, sharing a Breitbart News article that underscores their role in the proposed India-Middle East–Europe Economic Corridor (IMEC)....
https://knews.kathimerini.com.cy/en/news/who-s-really-raking-it-in-a-peek-at-cyprus-government-salaries
The latest update from the General Accounting Office of the Republic has revealed the salaries of Cyprus’s state officials, effective from January 1, 2025....
https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-stronger-in-2024-with-a-net-profit-of-€214mn
Eurobank Cyprus ended 2024 with increased profitability strong capital adequacy and maintained its good loan portfolio quality. The results reaffirm the Bank’s sound performance and resilience, the effective management of challenges in 2024,...
https://knews.kathimerini.com.cy/en/news/german-tourist-surge-in-occupied-north
A significant rise in German tourists visiting the occupied territories of Cyprus is expected in the coming months, according to statements by the so-called "minister of tourism" Fikri Ataoglu....
https://knews.kathimerini.com.cy/en/news/ecb-cuts-interest-rates-by-25-basis-points-as-inflation-eases
The European Central Bank (ECB) announced on Thursday a fresh interest rate cut, lowering its three key rates by 25 basis points in a bid to support the eurozone economy as inflation gradually eases....
