https://knews.kathimerini.com.cy/en/business/cyprus-reports-€29-3-billion-negative-net-financial-position-household-income-climbs-in-2024
Cyprus closed 2024 with a negative net financial position of €29.27 billion, according to new data detailing macroeconomic indicators by institutional sector....
https://knews.kathimerini.com.cy/en/business/cyprus-extends-zero-vat-on-essential-goods-through-2026
Cyprus will maintain a zero value-added tax on certain basic goods until December 2026, the Finance Minister, Makis Keravnos, announced Wednesday following Cabinet approval of the measure....
https://knews.kathimerini.com.cy/en/news/former-metropolitan-tychikos-leaves-hospital-faces-next-steps-in-cardiac-care
Former Metropolitan Tychikos was released Tuesday from the Athens hospital where he had been receiving treatment since last Thursday, following a series of medical examinations....
https://knews.kathimerini.com.cy/en/news/cyprus-foundation-supports-thousands-of-students-facing-financial-hardship
More than 1,000 students in Cyprus received financial support this year from the Independent Social Support Agency (ISSA), a foundation dedicated to ensuring that no young person is forced to abandon higher education due to financial difficulties....
https://knews.kathimerini.com.cy/en/news/€50-million-could-flow-to-consumers-as-cyprus-moves-to-tax-renewable-energy-giants
Cyprus is considering a controversial move to tax unexpected profits from private renewable energy companies, a measure aimed at funneling millions into programs that could ease the burden on consumers....
https://knews.kathimerini.com.cy/en/news/€15-for-you-€15-for-your-friend-–-with-joey-by-bank-of-cyprus
Double the fun! Joey is launching the new “Invite Friends” program and gives you the chance to earn €15 for yourself or your child, and €15 for your friend. Double the reward, double the fun!...
https://knews.kathimerini.com.cy/en/comment/opinion/the-risk-is-not-only-geopolitical
The Cyprus-Crete electricity interconnection cable is full of thorny issues that, until resolved, would be better off out of the headlines. The project is making news for all the wrong reasons....
https://knews.kathimerini.com.cy/en/news/workers-and-digital-nomads-to-benefit-from-eu-s-new-fair-work-rules
Cyprus’s growing community of digital nomads, migrant workers, and seasonal staff could soon see a major shake-up in how their work and benefits are handled across Europe....
https://knews.kathimerini.com.cy/en/news/big-changes-for-patients-seeking-treatment-abroad-under-gesy
From October 2, 2025, patients under Cyprus’s General Health System (GESY) will see a major change in how requests for medical treatment abroad are handled. The Health Insurance Organization (HIO) announced Thursday that it will now take over the process of approving and managing these cases....
https://knews.kathimerini.com.cy/en/business/cyprus-sees-4-1-rise-in-hourly-labor-costs-in-second-quarter
The cost of employing workers in Cyprus rose 4.1% in the second quarter of 2025 compared with the same period last year....
https://knews.kathimerini.com.cy/en/news/protect-your-digital-life-with-cyber-cover
Did you click on an ''innocent'' link and had your passwords stolen?...
https://knews.kathimerini.com.cy/en/news/more-than-one-in-four-cypriots-with-disabilities-struggled-financially-in-2024-eurostat-says
More than a quarter of Cypriots with disabilities reported difficulty making ends meet in 2024, according to data published Wednesday by Eurostat....
https://knews.kathimerini.com.cy/en/news/u-s-investigators-close-in-on-cause-of-deadly-limassol-wildfires
Right after the mid-August holiday, the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) will wrap up its investigation into the devastating wildfires in the Limassol mountains....
https://knews.kathimerini.com.cy/en/life/who-said-you-have-to-go-anywhere-to-get-away
Your Instagram feed might be serving you postcard after postcard from the Amalfi Coast, Mykonos, or some remote Japanese island that suddenly everyone seems to have discovered....
https://knews.kathimerini.com.cy/en/news/cyprus-court-strikes-down-law-mandating-countdown-timers-at-traffic-lights
The Supreme Constitutional Court ruled Monday that a 2025 law requiring the installation of countdown timers at traffic lights equipped with photo-enforcement cameras is unconstitutional, citing a violation of fiscal policy provisions and executive authority....
https://knews.kathimerini.com.cy/en/news/ex-wife-four-others-arrested-in-fatal-shooting-of-uc-berkeley-professor-in-athens
Greek authorities have arrested five people, including the ex-wife of UC Berkeley professor Przemyslaw Jeziorski and her current partner, in connection with the American academic’s killing earlier this month in a quiet Athens suburb....
https://knews.kathimerini.com.cy/en/comment/opinion/friends-foes-and-snakes-a-cypriot-snapshot-in-honor-of-world-snake-day
Yesterday was World Snake Day and our Anita is advised to be on her guard. Her enemies may be out to get her, but just as dangerous are a few so-called “friends” lurking in the shadows. Are they friends or snakes? ...
https://knews.kathimerini.com.cy/en/business/electricity-bills-to-rise-3-starting-next-cycle
Electricity bills in Cyprus will increase by 3% beginning with the next billing cycle, Energy Minister Giorgos Papanastasiou confirmed Friday....
https://knews.kathimerini.com.cy/en/business/cyprus-considers-electricity-bill-surcharge-to-fund-€25-million-energy-project-payment
Cyprus is preparing to impose a temporary surcharge on electricity bills to fund a €25 million payment requested by Greece’s Independent Power Transmission Operator (ADMIE) for the Cyprus-Greece electricity interconnection project, energy officials told Parliament on Tuesday....
https://knews.kathimerini.com.cy/en/news/high-society-scandal-deepens-with-63-more-in-the-frame
What started as a story of a glamorous socialite entangled with a well-known convict has now snowballed into one of the country’s most talked-about crime sagas, with another 63 people now on the police radar, bringing the total number of individuals linked to the case to over 100....
https://knews.kathimerini.com.cy/en/news/scandal-deepens-in-socialite-crime-ring-case-as-family-returns-to-court
The scandal surrounding a 37-year-old businesswoman and socialite at the center of a suspected organized crime ring in Cyprus took a darker turn this week, with her parents and brother once again brought before the Nicosia District Court....
https://knews.kathimerini.com.cy/en/business/woman-battles-to-save-her-home-despite-bureaucratic-silence
Despite never missing a payment, Elena Yasemidou is on the brink of losing her home. She's a victim, she says, of bureaucratic neglect and heartless inflexibility....
https://knews.kathimerini.com.cy/en/business/no-tender-no-permits-no-problem
A construction project meant to modernize part of Cyprus’ local government system is under fire after the Auditor General uncovered a series of irregularities, from bypassing public tenders to starting work without building permits or signed contracts....
https://knews.kathimerini.com.cy/en/business/boc-eyes-bigger-role-in-your-financial-future
Beyond its moves into the insurance sector, Bank of Cyprus is actively exploring additional ways to increase the bank’s overall value. ...
https://knews.kathimerini.com.cy/en/news/despite-ahk-chief-s-assurances-technocrats-push-for-higher-power-rate-hike
Even though the chairman of the Electricity Authority of Cyprus (AHK), Giorgos Petrou, recently stated that the AHK would be requesting only a modest 3% electricity price hike, the utility’s technocrats are still pushing for an increase of up to 7.5% before VAT....
https://knews.kathimerini.com.cy/en/news/house-speaker-pushes-back-on-claims-over-spending
In response to public scrutiny and a report by Kathimerini's Apostolos Tomaras about parliamentary expenses, House Speaker Annita Dimitriou has stepped in to defend how taxpayer money is being spent, ...
https://knews.kathimerini.com.cy/en/news/payabl-launches-virtual-business-cards-to-empower-smarter-business-spending
Leading European financial technology provider, payabl. has launched its Virtual Business Cards service, a digital payment solution designed to give businesses greater control, security, and visibility over their spending....
https://knews.kathimerini.com.cy/en/news/they-swore-at-me-cypriot-mep-says-colleague-s-furious-over-his-salary-reveal
“F* you! Did you reveal it?” That’s what Cypriot MEP Fidias Panayiotou says some of his colleagues shouted at him, furious that he posted a video exposing the true extent of what Members of the European Parliament earn....
https://knews.kathimerini.com.cy/en/news/despite-presidential-pleas-cyprus-electricity-bills-set-to-rise-again
Despite the president’s intervention, the Cyprus Electricity Authority (ΑΗΚ) has gotten its way once again, and consumers are set to face higher electricity bills....
https://knews.kathimerini.com.cy/en/news/pensioners-union-criticizes-labour-ministry-for-ignoring-pensioners-financial-struggle
The Union of Cypriot Pensioners (EKYSY) has criticized the Ministry of Labour for rejecting its request to advance May pension payments, citing concerns over the financial strain caused by a prolonged gap between payments....
