https://knews.kathimerini.com.cy/en/business/freedom-s-european-brokerage-business-wins-two-finance-magnates-awards-2026
Freedom, the European brokerage business of Freedom Holding Corp., has won two categories at the Finance Magnates Awards 2026: Best Brokerage Services Provider 2026 and Best Multi-Asset Investment Provider 2026.
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https://knews.kathimerini.com.cy/en/news/cyprus-records-92-drop-in-irregular-migration-since-2022
Cyprus has recorded a 92% reduction in irregular migration flows since 2022, with sea arrivals brought to a halt and crossings along the Green Line sharply reduced, Deputy Minister of Migration Nikolas Ioannides told MPs on Monday....
https://knews.kathimerini.com.cy/en/business/cyprus-can-attract-investors-but-can-it-make-it-easier-for-them-to-grow
A small business can find a funding program that fits its plans and still struggle to get through the application. A company looking to expand can spend months waiting for a decision without knowing when it will come. ...
https://knews.kathimerini.com.cy/en/news/two-contenders-for-lagarde-s-job-as-europe-weighs-who-will-steer-interest-rates
Eurozone finance ministers opened talks Monday on who should succeed Christine Lagarde at the European Central Bank, a choice that comes as higher energy prices complicate the bank’s decisions on interest rates. ...
https://knews.kathimerini.com.cy/en/news/eu-weighs-higher-taxes-on-cigarettes-and-vapes
A €4.80 pack of cigarettes in Greece already includes about €3.83 in taxes. European Union finance ministers meet Monday in Brussels to try to agree on how much higher tobacco taxes should go and how quickly countries should have to raise them....
https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-‘a-on-strength-of-public-finances
Cyprus has received another credit rating upgrade, with Fitch Ratings raising the country’s long-term rating from ‘A-’ to ‘A’, citing strong public finances, falling debt levels and continued economic growth....
https://knews.kathimerini.com.cy/en/news/gsi-s-final-cost-remains-unclear
The Great Sea Interconnector (GSI) still lacks a reliable final cost estimate and a firm timetable for completing its assessment, as the European Investment Bank awaits clarification of crucial technical, financial and contractual details....
https://knews.kathimerini.com.cy/en/business/cyprus-s-external-gap-widens-as-growth-holds-up
Cyprus’s economy continues to expand, but the widening imbalance in its external accounts deserves closer attention. The current account records earnings and payments between Cyprus and the rest of the world, covering trade, investment income and transfers (e.g., from the European Commission). The Central Bank of Cyprus’s revised figures put the 2025 deficit at 8.8% of GDP, compared with 6.4% previously reported (Figure 1). By contrast, the 2024 deficit was revised to 5.5% of GDP, down from 8.2% previously reported. These changes show that the gap widened in 2025, reversing the earlier picture of improvement. Figures for the first six months of 2026 show further pressure.
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https://knews.kathimerini.com.cy/en/comment/opinion/why-nothing-changes-in-cyprus
The other day, I watched Britain’s growth minister, Dan Tomlinson, give an outstanding interview on Sky News....
https://knews.kathimerini.com.cy/en/news/drivers-could-keep-fuel-tax-break-until-march
Finance Minister Makis Keravnos will ask Cabinet to extend the tax break on petrol and diesel, possibly until March 2027, giving drivers a chance to hold on to some relief at the pump. ...
https://knews.kathimerini.com.cy/en/business/freedom24-plans-geneva-office-for-q1-2027-deepening-ties-with-swiss-finance-and-research
Geneva combines international finance, wealth management and institutional trust with access to world-class research and innovation. Freedom24 sees opportunities to connect its digital financial expertise and the group’s technological capabilities with Switzerland’s financial and scientific ecosystem.
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https://knews.kathimerini.com.cy/en/news/cyprus-shoppers-bought-more-in-september-then-grew-less-confident
Drivers in Cyprus spent 29.3% more on fuel in September than they did a year earlier, even though they bought slightly less of it. At clothing and shoe shops, the picture was different. Sales rose 22.5% after adjusting for price changes....
https://knews.kathimerini.com.cy/en/business/more-than-€1-billion-spent-on-measures-to-curb-rising-prices-since-2023
The Government has allocated more than €1 billion since 2023 to help households cope with rising living costs, Finance Minister Makis Keravnos said, pointing to five support packages introduced in response to imported inflation and the energy crisis....
https://knews.kathimerini.com.cy/en/news/nicosia-offers-up-to-€150-000-for-voluntary-early-retirement
Nicosia Municipality has announced a voluntary early retirement scheme aimed at reducing its fixed costs. The scheme allows for the departure of up to 25 employees, covering both permanent staff and those on indefinite-term contracts....
https://knews.kathimerini.com.cy/en/news/energy-prices-jump-21-in-september-putting-households-under-pressure
Energy prices in Cyprus rose 21% in September compared with a year earlier, putting pressure on household budgets as inflation on the island outpaced the euro-area average....
https://knews.kathimerini.com.cy/en/news/cyprus-largest-caffe-nero-planned-for-old-gsp-square
A Caffe Nero, a wine bar, a perfume shop, and a full-service restaurant or cafe are planned for the revamped old GSP square, bringing new shopping and dining options to central Nicosia....
https://knews.kathimerini.com.cy/en/news/pamboridis-bets-he-can-unite-disy-—-but-will-averof-back-him
Giorgos Pamboridis outlined his vision and policy platform today at his first news conference since formally entering the race for Democratic Rally’s nomination for the 2028 presidential election....
https://knews.kathimerini.com.cy/en/business/pwc-cyprus-strengthens-its-leadership-team-with-three-new-partners
PwC Cyprus announces that Michalis Zourides , Lambros Kyriakides and Panayiotis Hadjiconstantinou will join the firm's Partnership, assuming their roles as Partners effective 1 January 2027.
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https://knews.kathimerini.com.cy/en/news/disy-split-deepens-as-georgiades-rules-out-campaigning-for-averof
Harris Georgiades has told DISY leader Annita Demetriou that he will not take part in the party’s 2028 presidential campaign if former party leader Averof Neofytou is chosen as its candidate, laying bare another rift within the opposition party....
https://knews.kathimerini.com.cy/en/news/cyprus-signs-major-gas-deal-with-kronos-production-targeted-for-2028
Cyprus moved a step closer Monday to turning its offshore natural gas into an income source for the country, signing contracts worth up to $1.8 billion to develop the Kronos field....
https://knews.kathimerini.com.cy/en/business/trouble-in-the-financial-shadows-is-cyprus-ready
When inflation began to run out of control in the 1970s, a provision of the Glass-Steagall framework, then approaching its 40th anniversary, began to make its presence felt in the markets....
https://knews.kathimerini.com.cy/en/news/state-saves-€20-million-a-year-on-new-hires-starting-pay
The state saves €20.1 million annually by reducing entry-level pay scales for new civil service hires by 10%. The Finance Ministry has no intention of abolishing or revising the measure, which applies for 24 months....
https://knews.kathimerini.com.cy/en/news/cypriots-urged-to-donate-blood-as-shortages-delay-transfusions-and-surgery
Cyprus is facing renewed pressure to secure enough blood for patients, with shortages forcing delays to transfusions and planned operations. MPs and patient representatives have called for urgent action, additional staffing and a national plan to ensure hospitals can meet demand....
https://knews.kathimerini.com.cy/en/news/heating-fuel-tax-cut-takes-effect-but-mps-push-for-more-relief
Heating fuel taxes fall by 6.39 cents a liter from today, Oct. 23, giving households some relief before winter, although MPs warned that the reduction would only partly ease the pressure of rising energy costs....
https://knews.kathimerini.com.cy/en/news/scholarship-foundation-still-clearing-2019-applications
The Cyprus State Scholarship Foundation continues to process applications that date back to 2019, according to its president, while facing staff shortages and missing resources following the transfer of responsibilities from the abolished Independent Social Support Body....
https://knews.kathimerini.com.cy/en/news/retire-at-63-the-pension-penalty-remains-a-sticking-point
The government has signaled a willingness to compromise on pension reform, revising its draft bill with three changes that offer concessions to unions and employers....
https://knews.kathimerini.com.cy/en/comment/opinion/cheaper-electricity-cyprus-gets-another-timetable
Cyprus pays the highest price per kilowatt-hour in Europe not because of some exceptional set of circumstances, but because of an energy model built on complete dependence on heavy fuel oil for electricity generation....
https://knews.kathimerini.com.cy/en/news/cyprus-pledges-€25-million-for-power-cable-stays-silent-on-the-rest
As the Cyprus–Crete electricity interconnector awaits a return to activity, the temporary suspension of survey work in 2014 helped ease tensions between Greece’s Independent Power Transmission Operator, ADMIE, and the Cypriot regulatory authorities, mainly over financial matters....
https://knews.kathimerini.com.cy/en/news/two-porsches-€10-in-the-bank-and-inherited-water-inside-mps-finances
A London apartment, €200,000 worth of furniture, bank accounts holding loose change and an inheritance of ''running water'' are among the standout details in MPs’ asset declarations....
https://knews.kathimerini.com.cy/en/business/fide-president-timur-turlov-and-freedom24-ceo-evgenii-tiapkin-meet-president-of-cyprus-nikos-christodoulides
Timur Turlov, President of the International Chess Federation (FIDE) and Founder and CEO of Freedom Holding Corp., and Evgenii Tiapkin, CEO of Freedom24, met with the President of the Republic of Cyprus, Mr Nikos Christodoulides, at the Presidential Palace in Nicosia on 19 October....
