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12° Nicosia,
21 June, 2026
 

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Displaying results 1-30 of 3411 matches for query economy.

1. Lower tourist numbers hit demand for taxi services

https://knews.kathimerini.com.cy/en/news/lower-tourist-numbers-hit-demand-for-taxi-services

Taxi operators in Cyprus say they are facing a difficult period following a downturn in tourism linked to ongoing instability in the Middle East....

2. AI reshapes global labour market into two distinct paths, rewarding human skills: PwC 2026 AI Jobs Barometer

https://knews.kathimerini.com.cy/en/business/ai-reshapes-global-labour-market-into-two-distinct-paths-rewarding-human-skills-pwc-2026-ai-jobs-barometer

According to PwC’s 2026 AI Jobs Barometer, AI is rapidly reshaping the skills employers want most from workers – increasing the emphasis on human skills such as judgement, creativity and leadership – as companies most able to use AI continue to expand hiring faster than their peers....

3. Thousands of government hourly workers to strike next week over pay dispute

https://knews.kathimerini.com.cy/en/news/thousands-of-government-hourly-workers-to-strike-next-week-over-pay-dispute

Thousands of hourly-paid government workers are set to strike next Wednesday, demanding higher wages and improved benefits amid ongoing negotiations with unions for new contracts....

4. Fuel prices falling in Cyprus, but drivers may not be out of the woods yet

https://knews.kathimerini.com.cy/en/news/fuel-prices-falling-in-cyprus-but-drivers-may-not-be-out-of-the-woods-yet

After months of watching fuel prices climb, Cypriot drivers are finally getting some welcome relief at the pump....

5. 1st Gastronomos Festival Comes to Vouni, Limassol

https://knews.kathimerini.com.cy/en/news/1st-gastronomos-festival-comes-to-vouni-limassol

Gastronomos Cyprus is honoring the people of Limassol's fire-stricken villages and supporting their recovery and renewal....

6. Education costs in Cyprus are at 137.5% of the EU average

https://knews.kathimerini.com.cy/en/news/education-costs-in-cyprus-are-at-137-5-of-the-eu-average

Cyprus continues to sit slightly below the European Union average in overall price levels, but some everyday costs, especially education, are telling a very different story, according to new Eurostat figures for 2025....

7. ''I do'' now costs up to €70,000 in Cyprus

https://knews.kathimerini.com.cy/en/life/i-do-now-costs-up-to-€70-000-in-cyprus

If you thought inflation was only hitting groceries and electricity bills, think again, it has apparently also made its way into weddings....

8. Critical raw materials moving to the centre of Europe’s strategic agenda

https://knews.kathimerini.com.cy/en/business/critical-raw-materials-moving-to-the-centre-of-europe-s-strategic-agenda

Critical raw materials have moved from being a specialised industrial topic to one of the defining economic and strategic issues facing Europe today....

9. Lidl Cyprus safeguards consumer trust with its new corporate commitment

https://knews.kathimerini.com.cy/en/business/lidl-cyprus-safeguards-consumer-trust-with-its-new-corporate-commitment-lidl-full-guarantee

Remaining true to its strategic commitment to providing high-quality value products, Lidl Cyprus announces the new initiative “Lidl Full Guarantee”. This is a dynamic corporate action that aims to further strengthen its relationship of trust with the consumer public, ensuring the non-negotiable quality of all its products....

10. Christodoulides says Cyprus talks should build on common ground, not start from scratch

https://knews.kathimerini.com.cy/en/news/christodoulides-says-cyprus-talks-should-build-on-common-ground-not-start-from-scratch

Almost a decade after Crans-Montana, the Cyprus issue appears to be returning to the center of political developments. Whether this activity will lead to meaningful progress or simply add another chapter to a long history of unmet expectations remains the key question....

11. Ceasefire boosts economic outlook, but inflation remains a concern

https://knews.kathimerini.com.cy/en/business/ceasefire-boosts-economic-outlook-but-inflation-remains-a-concern

The ceasefire has not eliminated the economic risks stemming from the conflict involving the United States, Israel, and Iran. However, there are growing signs that economic conditions may gradually return to their pre-war state....

12. What’s next for Cyprus? Christodoulides weighs in on homes, bills and the peace process

https://knews.kathimerini.com.cy/en/news/what-s-next-for-cyprus-christodoulides-weighs-in-on-homes-bills-and-the-peace-process

In a wide-ranging interview with Kathimerini Managing Editor Thanasis Photiou, President Nikos Christodoulides spoke about everything from the Cyprus issue and his political standing after the parliamentary elections to the cost-of-living pressures facing households, housing, natural gas revenues, and even the much-discussed traditional Indian waistcoats he wore during his recent visit to India....

13. €3 fee per item on online orders from outside the EU

https://knews.kathimerini.com.cy/en/business/€3-fee-per-item-on-online-orders-from-outside-the-eu

Cypriots who regularly shop from online platforms like Temu, Shein, and other non-EU retailers may soon notice higher prices at checkout or delivery after the EU approved new customs rules affecting small parcels....

14. €125m road shock: Paphos–Polis project faces €50m cost jump and uncertain future

https://knews.kathimerini.com.cy/en/news/€125m-road-shock-paphos–polis-project-faces-€50m-cost-jump-and-uncertain-future

Any hopes that the Paphos–Polis Chrysochous road project would get back on track have now faded following the opening of new tenders, which have driven the cost sharply upward. The lowest bid submitted has pushed the price of the project to €124,850,000 (excluding VAT), up from the €73 million plus VAT for which the contract had originally been awarded to the Greek construction company INTRAKAT....

15. ECB rate hike to add €147m to Greek banks as profits rise from widening loan-deposit gap

https://knews.kathimerini.com.cy/en/news/ecb-rate-hike-to-add-€147m-to-greek-banks-as-profits-rise-from-widening-loan-deposit-gap

The European Central Bank’s latest interest rate increase, its first since 2023, is expected to boost bank profitability across the eurozone, including Cyprus, by widening the gap between what banks earn from loans and what they pay out to savers....

16. Cyprus shows strong growth and falling debt, but warning signs remain

https://knews.kathimerini.com.cy/en/news/cyprus-shows-strong-growth-and-falling-debt-but-warning-signs-remain

Cyprus’ economy is continuing to grow strongly, with falling debt and a stabilizing financial system, but new risks linked to regional instability and long-term structural challenges are still hanging over the country, according to a new European report....

17. Cyprus earns 58 Blue Flag awards for beaches and marinas

https://knews.kathimerini.com.cy/en/news/cyprus-earns-58-blue-flag-awards-for-beaches-and-marinas

Cyprus has been awarded Blue Flags for 56 beaches and two marinas for 2026, recognising locations that meet internationally recognised standards for environmental quality, safety and visitor services....

18. Cap St Georges Hotel & Resort Celebrates an Exceptional Achievement with 10 Awards at the Cyprus Tourism Awards 2025 and the Cyprus Estia Awards 2026

https://knews.kathimerini.com.cy/en/business/cap-st-georges-hotel-resort-celebrates-an-exceptional-achievement-with-10-awards-at-the-cyprus-tourism-awards-2025-and-the-cyprus-estia-awards-2026

Cap St Georges Hotel & Resort is proud to announce an exceptional achievement at the prestigious Cyprus Tourism Awards 2025 and Cyprus Estia Awards 2026, securing a total of ten distinguished accolades that reaffirm its position among Cyprus' leading luxury hospitality destinations....

19. Cyprus’ newest eye in the sky: How a space project could change life on the ground

https://knews.kathimerini.com.cy/en/news/cyprus-newest-eye-in-the-sky-how-a-space-project-could-change-life-on-the-ground

When most people think of space technology, they imagine rockets, astronauts, and distant planets. But Cyprus’ newest move into the space sector is much closer to home and could one day help firefighters detect disasters faster, farmers use less water, authorities monitor the sea, and scientists better understand the changing climate....

20. ECB raises interest rates as expected

https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-as-expected

Cypriot households with mortgages and loans may soon feel additional pressure on their monthly budgets after the European Central Bank (ECB) decided to raise interest rates by 0.25 percentage points, marking its first rate increase since September 2023....

21. Cyprus tells Europe: Our banks are stronger than ever

https://knews.kathimerini.com.cy/en/news/cyprus-tells-europe-our-banks-are-stronger-than-ever

With the aim of improving Cyprus’ image as an international financial center and showcasing the progress made in the banking sector as well as the wider economy, representatives of Cypriot banks traveled to Brussels. ...

22. Mortgage-to-Rent scheme gets 180 new applications, but is it picking up?

https://knews.kathimerini.com.cy/en/news/mortgage-to-rent-scheme-gets-180-new-applications-but-is-it-picking-up

The ''Rent Instead of Installment'' scheme, also known as ''Mortgage to Rent,'' has reopened, allowing more borrowers to apply....

23. Deutsche Bank sees Greek banks as takeover targets, with Bank of Cyprus in view

https://knews.kathimerini.com.cy/en/business/deutsche-bank-sees-greek-banks-as-takeover-targets-with-bank-of-cyprus-in-view

Greek banks are attractive targets for mergers and acquisitions, according to Deutsche Bank, with Eurobank and Piraeus Bank standing out in particular. The bank also suggests that Bank of Cyprus could be a potential target for National Bank of Greece....

24. ECB set for two rate hikes this year, what it means for Cypriots

https://knews.kathimerini.com.cy/en/business/ecb-set-for-two-rate-hikes-this-year-what-it-means-for-cypriots

The war in Iran may be happening hundreds of kilometers away, but for many people in Cyprus, its effects could soon be felt much closer to home, in their electricity bills, supermarket receipts, and even their mortgage payments....

25. Bank of Cyprus named the Best Bank in Cyprus in Global Finance’s World’s Best Banks Awards 2026

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-named-the-best-bank-in-cyprus-in-global-finance-s-world-s-best-banks-awards-2026

Global Finance, one of the leading international publications focused on banking and finance, has named Bank of Cyprus the Best Bank in Cyprus in its World’s Best Banks Awards 2026....

26. Athienou launches plan to transform organic waste into valuable compost

https://knews.kathimerini.com.cy/en/news/athienou-launches-plan-to-transform-organic-waste-into-valuable-compost

AKTI Project and Research Centre, in collaboration with Athienou Municipality, is developing the Athienou Resilience Hub through the European NURISH project, an initiative focused on creating a circular approach to managing organic waste generated in the area....

27. More interest rate hikes on the way, hitting Cypriot borrowers again

https://knews.kathimerini.com.cy/en/business/more-interest-rate-hikes-on-the-way-hitting-cypriot-borrowers-again

The last time the European Central Bank (ECB) raised interest rates was on September 20, 2023. But all signs suggest that another increase could be coming as early as next week....

28. Cyprus signs tax deal with Kyrgyzstan to strengthen business ties

https://knews.kathimerini.com.cy/en/business/cyprus-signs-tax-deal-with-kyrgyzstan-to-strengthen-business-ties

Cyprus and Kyrgyzstan have signed a new agreement designed to make doing business between the two countries easier, while helping prevent tax evasion and providing greater certainty for investors....

29. Lidl Cyprus renews its commitment to the environment: Responsibility grows, actions multiply

https://knews.kathimerini.com.cy/en/business/lidl-cyprus-renews-its-commitment-to-the-environment-responsibility-grows-actions-multiply

With a consistency that characterizes its sustainability strategy, Lidl Cyprus continues to implement actions with a substantial impact, renewing its commitment to the environment and society. This year, the company's successful campaign, with its timeless message "The greater you are, the greater your responsibility" returns to highlight the steady progress and new, enhanced results of its initiatives....

30. Free breakfast for 3,600 kindergarten children in Cyprus

https://knews.kathimerini.com.cy/en/news/free-breakfast-for-3-600-kindergarten-children-in-cyprus

More than 3,600 kindergarten children in Cyprus are now receiving free breakfast at public schools in Larnaca and free Famagusta, under a new pilot program launched by the Ministry of Education, Sports and Youth....

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