https://knews.kathimerini.com.cy/en/comment/opinion/property-prices-hit-the-brakes-but-the-housing-crisis-remains
I am referring to the price race the real estate sector has been running for quite some time now, a rally that is also producing negative spillovers for housing affordability....
https://knews.kathimerini.com.cy/en/business/minimum-wage-jumps-in-occupied-areas-but-workers-say-they-re-still-falling-behind
In both the Greek Cypriot and Turkish Cypriot communities, new decisions on pay have garnered angry reactions among trade unions and unease among employers, even though the numbers themselves look very different....
https://knews.kathimerini.com.cy/en/news/after-25-years-eu-moves-ahead-with-massive-south-america-trade-deal
After 25 years of tough, stop-and-go negotiations, EU countries on Friday moved closer to sealing a massive trade deal with South America, an agreement that could reshape markets for Cypriot farmers, food producers, and exporters....
https://knews.kathimerini.com.cy/en/business/cyprus-might-be-amazon-s-next-tech-playground
An Amazon team is heading to Cyprus next week to explore a pilot program for satellite internet, part of a wave of interest from some of the world’s biggest tech companies....
https://knews.kathimerini.com.cy/en/news/cyprus-warns-citizens-to-avoid-iran-amid-deadly-protests
The Cypriot Ministry of Foreign Affairs on Friday warned citizens to avoid all travel to Iran as nationwide protests continue to rock the country....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-2026-what-changed-and-what-stayed-the-same
On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....
https://knews.kathimerini.com.cy/en/business/cyprus-faces-new-labor-showdown-despite-minimum-wage-deal
Cyprus could be heading for a fresh round of labor unrest in 2026, as unions and employers brace for new clashes over wages, pensions and workers’ rights, despite the government having closed the minimum monthly wage issue just weeks ago....
https://knews.kathimerini.com.cy/en/news/cyprus-steps-onto-europe-s-center-stage-with-€25-6-million-infrastructure-overhaul
Cyprus has completed extensive infrastructure upgrades as it prepares to assume the presidency of the Council of the European Union, investing €25.6 million in conference and media facilities to host hundreds of high-level meetings throughout 2026....
https://knews.kathimerini.com.cy/en/business/cyprus-startups-attract-big-dollar-investments-from-silicon-valley
Cyprus’ startup scene is catching the eye of investors across the Atlantic. Venture capitalists and tech giants from Silicon Valley are increasingly backing innovative Cypriot companies, drawn by the country’s strong presence in artificial intelligence, fintech, and gaming....
https://knews.kathimerini.com.cy/en/business/cypriots-borrow-more-but-stash-far-more-cash-in-the-bank
Cypriots borrowed more and saved even more in November, a sign that households are still reaching for credit while parking cash in the bank, even as the cost of living keeps biting....
https://knews.kathimerini.com.cy/en/news/the-eu-s-plastic-ban-four-years-later-is-it-actually-working
It has been four years since the European Union waged war on plastic cutlery, straws, and stirrers. Now, Brussels wants to know if the strategy is actually working....
https://knews.kathimerini.com.cy/en/business/government-spending-hits-new-high-as-student-numbers-rise
Student numbers across the education system rose noticeably in the 2023/2024 academic year, reflecting steady growth from early childhood education through to universities, according to the latest Annual Survey on Education released by the Statistical Service....
https://knews.kathimerini.com.cy/en/news/cyprus-conscripts-struggle-in-poverty-while-serving-the-nation
As Cyprus prepares to mark another year, a troubling picture emerges from within the National Guard: many of the country’s young conscripts are living in financial hardship so severe that it affects their daily lives and even their willingness to leave the camp....
https://knews.kathimerini.com.cy/en/business/1-cyprus-new-minimum-wage-of-€979-kicks-in-today-but-is-it-enough
Starting today, January 1, 2026, Cyprus workers are seeing a welcome bump in their pay as the national minimum wage rises....
https://knews.kathimerini.com.cy/en/news/major-public-works-head-into-2026-under-a-cloud-of-delays-and-cost-overruns
The arrival of 2026 is shaping up to be a major test for the government, particularly when it comes to public infrastructure. Several large-scale projects are running far behind the timelines announced when they were first unveiled, with delays now becoming the norm rather than the exception....
https://knews.kathimerini.com.cy/en/business/when-rent-costs-as-much-as-a-mortgage-cypriots-turn-to-buying
Rents in Cyprus have risen to levels comparable with monthly mortgage payments, prompting more people to buy homes rather than rent, even when rent subsidies are available, Interior Minister Konstantinos Ioannou said....
https://knews.kathimerini.com.cy/en/news/1-cyprus-builders-say-they-re-desperate-for-workers-and-want-asylum-seekers-on-site
Cyprus may be building nonstop, but the people needed to actually do the building are running out....
https://knews.kathimerini.com.cy/en/business/cyprus-weathers-global-turbulence-as-economic-growth-and-reforms-hold-firm-in-2025
Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...
https://knews.kathimerini.com.cy/en/business/government-moves-to-protect-low-income-pensioners-from-benefit-losses
The government has decided to shield low-income pensioners from losing benefits as a result of upcoming pension increases, a move expected to support around 24,000 households....
https://knews.kathimerini.com.cy/en/business/cyprus-defies-europe-s-housing-crisis-with-spacious-homes-and-low-costs
Cyprus ranks at, or near, the extremes of several key housing indicators, often outperforming the EU average and even many comparable Mediterranean countries....
https://knews.kathimerini.com.cy/en/business/€1-088-minimum-wage-and-everyone-s-furious
After intense behind-the-scenes talks that stretched right up to the holidays, the government has locked in Cyprus’ new national minimum wage at €1,088 a month, a decision that settles one debate but opens several others....
https://knews.kathimerini.com.cy/en/news/ministry-pulls-28-staff-from-limassol-eoa-raising-warnings-of-licensing-delays
The Ministry of Interior’s decision to return 28 public employees from the technical department of the Limassol District Local Government Organisation (EOA) is causing strong reactions and concerns over delays in licensing and development....
https://knews.kathimerini.com.cy/en/business/cyprus-approves-minimum-wage-increase-of-8-8-effective-january-2026
The government has approved an increase to the national minimum wage, following a Cabinet decision taken after a review of economic and social conditions. The revised rates will take effect on 1 January 2026....
https://knews.kathimerini.com.cy/en/news/more-tax-relief-for-families-tougher-rules-for-everyone-else
From January 1, 2026, Cyprus will officially turn the page on how it taxes income and businesses....
https://knews.kathimerini.com.cy/en/news/cyprus-overhauls-its-tax-system-what-it-means-for-your-family
Parliament on Monday approved Cyprus’ new tax framework, a long-awaited reform that the government says will ease the burden on households, support families with children and make the economy more competitive, without requiring citizens to suddenly become tax experts....
https://knews.kathimerini.com.cy/en/news/one-in-three-cypriots-struggles-on-low-income
Nearly one in three people in Cyprus is living on a low income, and about one in seven is at risk of poverty, according to new figures released Monday by the Statistical Service....
https://knews.kathimerini.com.cy/en/news/budget-christmas-gets-pricier-as-lower-income-families-face-9-hike
Cyprus’ Christmas tables are showing a stark contrast this year. A survey by the Cyprus Consumers Association found that while a ''rich'' festive spread remains steady in price, a scaled-down version for lower-income families has jumped by 9% compared to last year....
https://knews.kathimerini.com.cy/en/business/the-electricity-market-is-open-so-why-are-cypriots-still-paying-so-much
Cyprus has officially opened its electricity market to competition. On paper, that should mean more choice, more transparency, and, eventually, lower prices. In reality? Consumers are still waiting to feel any real relief in their bills, and the system itself is under growing strain....
https://knews.kathimerini.com.cy/en/business/alpha-bank-s-a-announces-agreement-on-the-key-commercial-and-legal-terms-of-strategic-insurance-transactions-in-cyprus
Alpha Bank S.A. (“Alpha Bank”) announces that it has reached an agreement on the key commercial and legal terms for a strategic combination of insurance activities in Cyprus, ...
https://knews.kathimerini.com.cy/en/business/germany-pours-€50-billion-into-new-weapons-and-defenses
Germany is pouring an eye-watering €50 billion into new weapons, missile defenses, and combat vehicles, a move that underscores how sharply Europe’s biggest economy is rearming and how little patience there is left for delays....
