https://knews.kathimerini.com.cy/en/news/imf-cyprus-public-sector-salaries-27-higher-than-private-sector
In a recent report released by the International Monetary Fund (IMF), the gap between salaries in the public and private sectors in Cyprus has been laid bare; public sector wages are 27% higher, with the discrepancy reaching 32% among those with higher education qualifications....
https://knews.kathimerini.com.cy/en/news/trump-s-tariffs-aren-t-the-real-threat-cyprus-needs-a-wake-up-call
The first reaction in Cyprus to Trump’s tariffs was the worry that halloumi, salt, and olive oil would become more expensive....
https://knews.kathimerini.com.cy/en/news/luxury-villas-in-occupied-north-selling-for-millions-but-not-for-the-locals
Ultra-luxury villas in the occupied areas of Cyprus are being snapped up for eye-watering prices, with some homes going for as much as £6 million (or over 300 million Turkish lira), particularly in sought-after locations like Kyrenia and Trikomo....
https://knews.kathimerini.com.cy/en/news/rents-keep-climbing-but-house-prices-aren-t-going-anywhere
If you’re renting in Cyprus, you’re not imagining it; it really is getting more expensive year after year. New figures from Eurostat confirm that rents on the island jumped by 4.6% in 2024 compared to the previous year, continuing a steady upward trend that’s been going on since 2017....
https://knews.kathimerini.com.cy/en/business/mortgage-rates-dip-in-cyprus-but-we-re-still-paying-more-than-the-rest-of-europe
Mortgage interest rates in Cyprus dipped slightly in February, offering some relief to prospective homeowners, but don't pop the champagne just yet. Despite the modest cuts, borrowing in Cyprus remains noticeably more expensive than in the rest of the Eurozone....
https://knews.kathimerini.com.cy/en/news/cyprus-means-business-christodoulides-wraps-up-high-stakes-u-s-investment-tour
Cyprus Means Business: Christodoulides Wraps Up High-Stakes U.S. Investment Tour
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https://knews.kathimerini.com.cy/en/news/they-re-kissing-my-ass-trump-boasts-about-trade-talks-video
In true Donald Trump fashion, the former U.S. President lit a firestorm overnight, not with policy, but with his words....
https://knews.kathimerini.com.cy/en/news/cyprus-woos-wall-street-bankers-back-presidential-pitch-in-the-u-s
Cypriot bankers have expressed their satisfaction with President Christodoulides' recent visit to the United States, where he promoted Cyprus as an attractive destination for investment. ...
https://knews.kathimerini.com.cy/en/business/eu-strikes-back-at-trump-s-tariffs-opens-door-to-china
The European Union is firing back at Washington’s trade aggression with its own round of tariffs, as Brussels prepares a united front in response to former President Donald Trump’s protectionist push....
https://knews.kathimerini.com.cy/en/business/eu-offered-zero-for-zero-tariff-deal-before-trump-s-trade-war
The European Union says it tried to stop a trade war before it started, offering Donald Trump a clean-slate deal to scrap tariffs on cars and a bunch of industrial goods. But the U.S. didn’t bite. Now the EU is done waiting....
https://knews.kathimerini.com.cy/en/news/grants-up-to-€35-000-for-renovating-empty-homes-–-with-a-catch
The Ministry of Interior has officially launched the ''Renovate-Rent'' Scheme, opening the door for property owners to receive grants of up to €35,000 to fix up vacant homes — as long as they rent them out affordably....
https://knews.kathimerini.com.cy/en/news/the-east-med-marine-offshore-exhibition-returns
The heart of the maritime and offshore industry is beating once again in Limassol! The East Med Marine & Offshore Exhibition, the premier event for industry professionals, will return for its 11th edition on April 24-25, 2025, at the stunning GrandResort Hotel....
https://knews.kathimerini.com.cy/en/news/trump-s-tariff-blitz-threatens-cyprus-push-for-u-s-investments
Former U.S. President Donald Trump’s dramatic declaration of a ''Liberation” Day'', marked by the sudden imposition of 20% tariffs on imports from the European Union, as well as from Japan, India, Switzerland and China, has sent shockwaves across global markets and ignited fresh fears of a prolonged U.S.-Europe economic standoff....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-uncertainty-as-trump-s-tariffs-target-global-trade
In a dramatic move that has sent shockwaves through global trade, US President Donald Trump has imposed hefty tariffs on imports from several key countries, ...
https://knews.kathimerini.com.cy/en/business/green-light-for-new-four-star-hotel-in-meneou
A new four-star hotel in Meneou has been given the go-ahead by the Environmental Authority, paving the way for a €15 million development in the Larnaca district....
https://knews.kathimerini.com.cy/en/news/nicosia-mayor-no-plans-to-cancel-u-of-cyprus-lease-for-faneromeni-school
The lease agreement allowing the University of Cyprus to use the historic Faneromeni School building will not be canceled, Nicosia Mayor Charalambos Prontzos confirmed to K on Monday, dismissing speculation about a potential change of plans....
https://knews.kathimerini.com.cy/en/business/trump-declares-tariff-war-with-chart-in-hand
At an official press conference, armed with a glossy chart and his signature bravado, former President Donald Trump unveiled what he described as ''the greatest, most incredible, America-first tariff plan you've ever seen.''...
https://knews.kathimerini.com.cy/en/business/cyprus-courts-u-s-investors-in-energy-tech-and-finance
Cyprus is making a bold push to attract American investment, with President Nicos Christodoulides leading a high-profile delegation to the United States....
https://knews.kathimerini.com.cy/en/news/fbi-urges-cyprus-to-use-digital-tech-in-fight-against-financial-crime
Cyprus is facing increasing pressure to overhaul its approach to financial crime and sanctions evasion, following the release of a crucial report from the FBI and the U.S. Department of Justice. ...
https://knews.kathimerini.com.cy/en/business/cyprus-tech-boom-boosts-the-economy-by-€7-billion
For years, Cyprus’ economy leaned heavily on tourism and professional services, but the rapid rise of technology companies is reshaping the island’s financial landscape....
https://knews.kathimerini.com.cy/en/news/from-water-woes-to-bank-bets-here-are-the-stories-to-follow
https://knews.kathimerini.com.cy/en/news/alpha-services-acquires-axia-ventures
Alpha Services and Holdings has announced an agreement to acquire AXIA Ventures Group, aiming to form the leading investment banking and capital markets company in Greece and Cyprus. ...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-best-private-bank-2025-–-succeeds-in-two-more-important-awards-from-euromoney
The Bank of Cyprus has received two important awards in 2025 that rank it as the best private bank in Cyprus at the Excellence Awards by the prestigious international magazine Euromoney. Both awards highlight the bank’s exceptional Private and Affluent banking services....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-surges-ahead-amid-global-economic-headwinds
It’s hard to overstate the progress Cyprus has made in recent years. Once overshadowed by economic turmoil, the island has emerged as a standout in the Mediterranean, blending resilience with opportunity....
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....