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12° Nicosia,
21 March, 2026
 

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Displaying results 1-30 of 3286 matches for query economy.

1. Fuel prices set to rise again as war-driven costs mount

https://knews.kathimerini.com.cy/en/news/fuel-prices-set-to-rise-again-as-war-driven-costs-mount

Another jump in fuel prices appears inevitable for Cyprus, the head of the island’s gas station association warned Thursday, as global tensions continue to push energy costs higher....

2. Cyprus urged to prepare for economic fallout from Iran tensions

https://knews.kathimerini.com.cy/en/news/cyprus-urged-to-prepare-for-economic-fallout-from-iran-tensions

Cyprus may soon start feeling the economic fallout from rising tensions involving Iran, with the country’s Fiscal Council warning that global developments could translate into higher prices and fresh pressure on households and businesses at home....

3. Government considers reopening housing relief scheme

https://knews.kathimerini.com.cy/en/news/government-considers-reopening-housing-relief-scheme

The government is considering reopening the “Rent in Exchange for Installment” housing scheme for a limited period of a few months, as pressure grows to address ongoing foreclosure issues affecting borrowers....

4. The global economy is facing severe turbulence

https://knews.kathimerini.com.cy/en/comment/opinion/the-global-economy-is-facing-severe-turbulence

The Strait of Hormuz is the only maritime passage into the Persian Gulf. The de facto disruption of normal shipping through the Strait of Hormuz caused demand to fall by 80 percent, left oil tankers idle, and forced a halt to oil production because storage capacity is limited. ...

5. War’s ripple effect reaches Cyprus tourism

https://knews.kathimerini.com.cy/en/business/war-s-ripple-effect-reaches-cyprus-tourism

A negative climate is developing in Cyprus’s tourism sector during the spring season as the ongoing conflict in the Middle East begins to affect the country. Early signs show a slowdown in bookings and an increase in cancellations....

6. Municipality under fire after attempt to permanently hire seasonal workers, including relatives

https://knews.kathimerini.com.cy/en/news/municipality-under-fire-after-attempt-to-permanently-hire-seasonal-workers-including-relatives

The majority of the Polis Chrysochous municipal council is facing mounting pressure from the Interior Ministry, and potentially the courts, following allegations that officials attempted to quietly secure permanent positions for 17 seasonal workers through questionable procedures....

7. Lidl and UEFA launch unique strategic partnership

https://knews.kathimerini.com.cy/en/news/lidl-and-uefa-launch-unique-strategic-partnership

Lidl becomes a UEFA Take Care Nutrition and Grassroots Partner and, through this partnership, creates societal value through the connection of sport and conscious nutrition....

8. Addressing Gender Inequalities in STEM and Entrepreneurship

https://knews.kathimerini.com.cy/en/news/addressing-gender-inequalities-in-stem-and-entrepreneurship

As the world once again marked International Women’s Day this year, it highlighted the continued need for equal opportunities and meaningful representation of women across all areas of social and economic life....

9. UAE offers flexibility to expats on tax residency amid Iran conflict

https://knews.kathimerini.com.cy/en/news/uae-offers-flexibility-to-expats-on-tax-residency-amid-iran-conflict

The United Arab Emirates is signaling a softer approach for expats worried about losing their tax residency, as the Iran conflict continues to disrupt travel and business in the Gulf....

10. Cypriot banks see profits tumble in 2025

https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-profits-tumble-in-2025

Cypriot banks saw their profits shrink in 2025 compared with the previous year, largely due to a smaller contribution from net interest income....

11. Grain producers call for possible closure of crossing points to contain foot-and-mouth disease

https://knews.kathimerini.com.cy/en/news/grain-producers-call-for-possible-closure-of-crossing-points-to-contain-foot-and-mouth-disease

The Pancyprian Grain Producers’ Organization has called on the government to examine stronger measures to contain the spread of foot-and-mouth disease, including the possible closure of crossing points between government-controlled areas and the occupied territories....

12. Cypriot startup MyStudentFlat expands into Greece, eyes Europe

https://knews.kathimerini.com.cy/en/business/cypriot-startup-mystudentflat-expands-into-greece-eyes-europe

Cypriot property technology startup MyStudentFlat, the first dedicated digital student housing platform in the region, announced on Monday the expansion of its operations in Greece, alongside its continuous growth in Nicosia and Limassol....

13.  Supreme Court sides with teacher in landmark ruling against Education Ministry

https://knews.kathimerini.com.cy/en/news/supreme-court-sides-with-teacher-in-landmark-ruling-against-education-ministry

Cyprus’ Supreme Constitutional Court has ruled in favor of a special education teacher in a long-running legal battle with the Education Ministry, delivering a decision that could reshape how public employees are allowed to work outside their government roles....

14. Salty winds wipe out early potato crops, leaving farmers facing another heavy loss

https://knews.kathimerini.com.cy/en/news/salty-winds-wipe-out-early-potato-crops-leaving-farmers-facing-another-heavy-loss

What should have been the beginning of a profitable harvest has instead turned into a season of loss for potato farmers in eastern Cyprus, after powerful winds carrying sea salt destroyed early crops across several agricultural communities....

15. Cyprus records one of EU’s strongest employment gains in late 2025

https://knews.kathimerini.com.cy/en/business/cyprus-records-one-of-eu-s-strongest-employment-gains-in-late-2025

Cyprus recorded one of the sharpest improvements in employment across the European Union at the end of 2025, according to newly released data from Eurostat....

16. Facing the harsh reality of the foot-and-mouth crisis

https://knews.kathimerini.com.cy/en/news/facing-the-harsh-reality-of-the-foot-and-mouth-crisis

The arrival of European Commissioner for Health and Animal Welfare Oliver Várhelyi in Cyprus brought a decisive end to livestock farmers’ request that animals not infected with foot and mouth disease be spared on farms where cases have been detected....

17. Foreclosure suspensions keep returning in Cyprus

https://knews.kathimerini.com.cy/en/news/foreclosure-suspensions-keep-returning-in-cyprus

A new effort to suspend foreclosures is underway until the end of the year. Members of parliament are dissatisfied with the current foreclosure framework, and just days before Parliament dissolves ahead of the parliamentary elections, numerous legislative proposals are on the table. ...

18. Cyprus moves to protect tourism as Government counters travel advisories

https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-protect-tourism-as-government-counters-travel-advisories

Tourism stakeholders in Cyprus will need to work hard in the coming months to prevent serious damage to the sector, which contributes more than 7 percent to the country’s GDP. ...

19. Cyprus narrows trade gap as exports rise and imports fall

https://knews.kathimerini.com.cy/en/business/cyprus-narrows-trade-gap-as-exports-rise-and-imports-fall

Cyprus may be small, but its trade numbers are starting to send a big signal: the island is buying less from abroad while selling more of its own products overseas, a mix that could help ease pressure on the economy....

20. Lidl Cyprus presents its 3rd Sustainability Report for 2024

https://knews.kathimerini.com.cy/en/news/lidl-cyprus-presents-its-3rd-sustainability-report-for-2024

Lidl Cyprus presents its 2024 Sustainability Report, reflecting its steadfast commitment to responsible entrepreneurship that generates value for the Cypriot economy, society, and the environment. ...

21. Six-month freeze on primary home foreclosures proposed

https://knews.kathimerini.com.cy/en/business/six-month-freeze-on-primary-home-foreclosures-proposed-over-middle-east-uncertainty

A proposal has been put forward to temporarily halt foreclosures on primary residences valued at up to €400,000 for a period of at least six months, as uncertainty grows over the potential economic impact of developments in the Middle East....

22. Politics Blog: $200 oil, camels, and political drama

https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-$200-oil-camels-and-political-drama

Iran warns us to brace for $200-a-barrel oil. ''Let those who pay in dollars worry,'' a friend said, with as much understanding of the global economy as Fidias himself. Joking aside, we should be the ones stressing. ...

23. Cyprus Agriculture Minister faces calls to resign over foot-and-mouth crisis

https://knews.kathimerini.com.cy/en/news/cyprus-agriculture-minister-faces-calls-to-resign-over-foot-and-mouth-crisis

Agriculture Minister Maria Panayiotou and the government of President Nikos Christodoulides are once again in the political spotlight, facing criticism over their handling of the ongoing foot-and-mouth disease outbreak. ...

24. Foot-and-mouth battle intensifies, threatening farms and food prices

https://knews.kathimerini.com.cy/en/news/foot-and-mouth-battle-intensifies-threatening-farms-and-food-prices

The fight against foot-and-mouth disease continues to escalate in the Larnaca district, with the situation taking increasingly worrying proportions in recent weeks. ...

25. Sharp drop in bookings for March and April forces hotels to shut down or delay reopening

https://knews.kathimerini.com.cy/en/business/sharp-drop-in-bookings-for-march-and-april-forces-hotels-to-shut-down-or-delay-reopening

Cyprus’ hotel industry is facing growing pressure after a wave of booking cancellations for the early spring months, creating uncertainty for hundreds of businesses and their employees....

26. European Conference on Sustainable Tourism

https://knews.kathimerini.com.cy/en/news/european-conference-on-sustainable-tourism

The European Conference on Sustainable Tourism, held in Nicosia, marked the 20th anniversary of the Cyprus Sustainable Tourism Initiative (CSTI), bringing together more than 300 participants from across Europe and beyond, including two European Commissioners among the speakers....

27. Shipping costs surge as Iran war sparks new global price shock

https://knews.kathimerini.com.cy/en/business/shipping-costs-surge-as-iran-war-sparks-new-global-price-shock

The war in Iran and the broader geopolitical turmoil it has triggered are fueling a new and sharp surge in global shipping costs. ...

28. Eurobank rolls out voluntary exit plan for up to 300 employees

https://knews.kathimerini.com.cy/en/business/eurobank-rolls-out-voluntary-exit-plan-for-up-to-300-employees

Eurobank has announced a new voluntary exit plan aimed at reducing its workforce across the entire group, including employees from its insurance subsidiaries....

29. BOC eyes strategic acquisitions in insurance, asset management and fintech

https://knews.kathimerini.com.cy/en/business/boc-eyes-strategic-acquisitions-in-insurance-asset-management-and-fintech

Bank of Cyprus says it is keeping a close watch for potential acquisitions that could add value to the group, focusing on three main areas: insurance, asset management and fintech....

30. What might China be thinking?

https://knews.kathimerini.com.cy/en/comment/opinion/what-might-china-be-thinking

It would be fascinating to know what leaders in Beijing are thinking as the war in the Middle East unfolds. China has shown that it sees itself as a systemic player and dislikes international turbulence that threatens the global economy as well as its own. ...

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