https://knews.kathimerini.com.cy/en/news/pavlos-kontides-named-man-of-the-year-at-23rd-awards-ceremony
The spotlight was on Cypriot sailing champion Pavlos Kontides on Wednesday, February 26, 2025, as he was awarded the prestigious Man of the Year title at the 23rd Bank of Cyprus Man of the Year Awards ceremony....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-rolls-out-the-red-carpet-for-civil-servants
A decade after the financial crisis that forced Cyprus to slash public sector benefits under the terms of its bailout agreement, the government is now gradually rolling back austerity measures — handing back perks to civil servants in a move seen as both politically strategic and potentially risky....
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/larnaca-s-landmark-‘land-of-tomorrow-project-set-to-break-ground
Larnaca’s waterfront is set for a major transformation, as construction on the ambitious Land of Tomorrow project is set to begin in the coming months, with a total investment exceeding €800 million....
https://knews.kathimerini.com.cy/en/business/fintech-giants-eye-cyprus-small-banks-in-race-for-european-banking-licenses
Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...
https://knews.kathimerini.com.cy/en/news/private-company-constructs-power-plant-in-mari-without-permits
A private company has built key infrastructure to support the operation of a privately owned power plant in Mari without obtaining the necessary permits, according to a special report by the Audit Office....
https://knews.kathimerini.com.cy/en/news/farmers-face-devastating-crop-losses-as-freezing-temps-hit-hard
Cyprus’ farmers are facing major losses as freezing temperatures from the Coral weather system devastate crops across the island. The Ministry of Agriculture, Rural Development, and Environment has vowed to step in quickly, promising immediate support for those affected....
https://knews.kathimerini.com.cy/en/news/1-prices-of-everyday-essentials-surge-in-january
Consumers felt the pinch in January as the prices of 26 staple products rose, with 11 categories jumping by more than 3%, according to the latest Consumer Product Price Watch. ...
https://knews.kathimerini.com.cy/en/news/nicosia-s-old-gsp-transformed-into-urban-park-ready-for-public-use
The long-awaited redevelopment of the old GSP site is nearly complete and is set to be handed over to the Nicosia Municipality in March.
...
https://knews.kathimerini.com.cy/en/news/farmers-battle-brutal-frost-as-‘coral-cold-front-devastates-crops
The bitter cold brought by the Coral weather system has left Cyprus' farmers reeling as frost has destroyed their hard-earned crops overnight....
https://knews.kathimerini.com.cy/en/news/cyprus-government-unveils-€60m-investment-plan-to-boost-agriculture
The Cypriot government has rolled out a €60 million investment plan designed to boost the competitiveness and sustainability of the country’s agricultural sector. ...
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/putin-gives-green-light-for-western-companies-to-return-but-on-russia-s-terms
Russian President Vladimir Putin has opened the door for Western companies to return to Russia, but not without conditions....
https://knews.kathimerini.com.cy/en/news/the-top-ideas-from-the-educational-environmental-program-mind-reset-2024-2025-were-honored
The 4rth mind REset environmental educational programme concluded in an inspiring, dynamic and innovative awards ceremony on Wednesday, February 19 at the Royal Hall in Nicosia....
https://knews.kathimerini.com.cy/en/news/concerns-grow-over-high-rise-construction-near-historic-famagusta-gate
The Association of Cyprus Archaeologists has voiced strong concerns over the Nicosia Municipality's plans to permit the construction of high-rise buildings near Famagusta Gate, ...
https://knews.kathimerini.com.cy/en/news/deadly-fire-sparks-urgent-calls-for-electrical-safety-overhaul
A tragic fire in Limassol that claimed five lives has reignited concerns over electrical safety regulations in Cyprus. Experts are pointing to serious lapses in oversight, faulty installations, and a lack of routine inspections as key factors behind preventable fires....
https://knews.kathimerini.com.cy/en/news/the-road-to-prosperity
Browsing social media I have recently come across a map showing all the countries with GDP per capita higher than Poland’s back in 1990 and in 2018....
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/sklavenitis-reopens-first-renovated-papantoniou-hypermarket-in-engomi
The Pappantoniou supermarket in Engomi has undergone a complete renovation and will reopen its doors in early March under the new name Sklavenitis....
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/business/bank-of-cyprus-posts-€508m-profit-for-2024
Bank of Cyprus has posted impressive results for 2024, reporting net profits of €508 million, marking a 4% increase from the previous year’s €487 million. The results reflect the bank's strong performance and growth, despite slight fluctuations in some areas....
https://knews.kathimerini.com.cy/en/news/cyprus-scores-above-eu-average-in-life-satisfaction-survey
A recent Eurostat survey has revealed that life satisfaction in the European Union (EU) averaged 7.3 out of 10 in 2023....
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/are-rules-only-for-some-illegal-latchi-hotel-expansion-set-to-be-approved
A controversial tourist development in Latchi has raised serious concerns over government transparency and adherence to the rule of law, as the construction of a four-star resort faces allegations of long-standing illegalities. ...
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-trump-s-‘tit-for-tat-tariffs-are-trading-jabs-in-the-global-market
President Donald Trump has unveiled a new strategy to impose tariffs on countries he deems to have unfair trade policies toward the U.S....
https://knews.kathimerini.com.cy/en/news/court-denies-release-for-german-woman-in-property-case
A 49-year-old German woman accused of illegally handling Greek Cypriot property in the occupied north of Cyprus has lost her appeal for release while awaiting trial. ...
https://knews.kathimerini.com.cy/en/business/big-us-companies-borrowing-in-europe-to-save-money
Big American companies are increasingly turning to Europe to borrow money at lower costs, taking advantage of cheaper interest rates compared to those in the US....
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/news/in-cyprus-schools-a-frying-pan-movement-collects-cooking-oil-for-fuel
Scientists in Cyprus have enlisted children to help recycle used cooking oil into biofuel, Reuters reported last week....
