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/justice-minister-renounces-lifetime-pension-in-rare-move
Cyprus’ Justice and Public Order Minister Costas Fytiris is walking away from a benefit many politicians quietly keep: a lifetime ministerial pension....
https://knews.kathimerini.com.cy/en/news/disability-support-allowance-exposed-as-inadequate-for-real-home-care-needs
A man with a recognized disability has spoken out about the severe gap between state support and the real cost of daily care, describing an undignified reality for people with disabilities who live alone....
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/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/news/cyprus-politics-stall-the-cable-that-could-end-its-energy-isolation
The government and newly appointed Energy Minister Michalis Damianou will face a series of critical energy decisions in 2026 that will largely determine Cyprus’ energy future. ...
https://knews.kathimerini.com.cy/en/news/eu-backs-€90b-ukraine-loan-but-won-t-touch-frozen-russian-billions-yet
After nearly six hours of intense talks and many more behind the scenes, EU leaders walked away from a plan that sounded simple but proved legally explosive: using frozen Russian money to pay for Ukraine’s war effort....
https://knews.kathimerini.com.cy/en/news/genikes-insurance-for-the-5th-consecutive-year-best-general-sector-insurer-in-cyprus
''Genikes Insurance has a strong reputation as the most trusted insurance company in Cyprus, and by adding to this their dynamic digital transformation strategy, they are building a strong value insurance offer to their customers.''...
https://knews.kathimerini.com.cy/en/news/who-pays-when-public-sector-wages-keep-rising
Public sector wages remain the uncomfortable truth behind Cyprus’ 2026 state budget, which is heading for a final vote in the House of Representatives on Wednesday and is widely expected to be approved....
https://knews.kathimerini.com.cy/en/business/cyprus-2024-data-show-gender-pay-gap-persists-across-sectors
Despite gradual improvements, women in Cyprus continue to earn less than men on average, according to the latest data from the Statistical Service for 2024....
https://knews.kathimerini.com.cy/en/news/€1-5-million-upgrade-set-for-archbishop-makarios-iii-avenue-in-paphos
A major road improvement project is underway on a section of Archbishop Makarios III Avenue, with the contractor Panath Construction Ltd tasked to complete the work within ten months. ...
https://knews.kathimerini.com.cy/en/business/cyprus-and-vietnam-sign-deal-to-cut-tax-barriers-and-boost-business
Cyprus and Vietnam took a fresh step toward closer economic ties on Monday with the signing of an agreement aimed at avoiding double taxation and preventing tax evasion, a move both sides say will make doing business between the two countries easier and more predictable....
https://knews.kathimerini.com.cy/en/business/greek-economy-minister-becomes-eurogroup-president
Greece’s Economy Minister Kyriakos Pierrakakis was unanimously elected president of the Eurogroup Thursday, a high-profile achievement that signals Greece’s return as a leader in European economic policy....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-best-foreign-exchange-bank-in-cyprus-by-global-finance
The Bank of Cyprus has received another important international distinction, being named ''Best Foreign Exchange Bank in Cyprus'' at the annual Gordon Platt Foreign Exchange Awards – World’s Best Foreign Exchange Banks organized by the prestigious magazine Global Finance....
https://knews.kathimerini.com.cy/en/business/cyprus-to-close-2025-with-debt-below-60-of-gdp
Cyprus is expected to close 2025 with a public debt-to-GDP ratio of 55.3%, well below its target of 60%, the Finance Ministry said....
https://knews.kathimerini.com.cy/en/comment/opinion/india-s-historic-labour-reforms-building-a-fair-modern-and-inclusive-work-ecosystem
India stands at a pivotal moment in its economic journey. As the nation accelerates toward becoming a global economic powerhouse, the Government has undertaken a historic transformation of its labour laws—consolidating 29 fragmented labour statutes into four comprehensive Labour Codes....
https://knews.kathimerini.com.cy/en/news/christodoulides-rolls-into-kyiv-for-face-to-face-talks-with-zelensky
President Nikos Christodoulides touched down in Kyiv early Thursday morning, kicking off a packed working visit that puts Cyprus squarely in the middle of Europe’s biggest geopolitical challenge....
https://knews.kathimerini.com.cy/en/news/parliament-moves-to-limit-former-presidents-perks-to-5-years
The Parliament is set to discuss a new law that would limit the benefits given to former Presidents of the Republic and former Presidents of the House of Representatives....
https://knews.kathimerini.com.cy/en/business/€700-million-boosts-cyprus-s-green-transition-under-thalea-2021-2027
The multiannual Cohesion Policy Program THALEA 2021-2027 serves as the backbone of Cyprus’s development strategy for the current programming period....
https://knews.kathimerini.com.cy/en/comment/opinion/stablecoins-on-the-rise-bridging-crypto-chaos-and-traditional-finance
Stablecoin promises to bring together the best of both worlds: the efficiency of blockchain and the benefits of decentralized finance, paired with the trust inherent in traditional currencies....
https://knews.kathimerini.com.cy/en/news/mps-slam-€4m-airport-photo-radar-plan
Lawmakers are sounding the alarm over a €4 million plan to expand Cyprus’ ''photo radar'' system, which automatically issues fines for traffic violations. The controversy? Parts of it, including at airports, could be running without proper legal approval....
https://knews.kathimerini.com.cy/en/news/petrolina-establishes-its-first-scholarship-at-the-university-of-cyprus-and-supports-an-mba-student
The Executive Managing Director (CEO) of Petrolina (Holdings) Public Limited, Mr. Dinos Lefkaritis, presented the company’s first scholarship, amounting to €10,250, to the MBA (Master in Business Administration) student at the University of Cyprus, Mr. Pantelis Petrou, during a special ceremony held at the University of Cyprus on Friday, 28 November 2025....
https://knews.kathimerini.com.cy/en/news/nicosia-s-forgotten-sopaz-site-is-finally-getting-a-new-life
The redevelopment effort for the former SOPAZ industrial site is steadily advancing, according to an update from Nicosia Mayor Charalambos Prountzos....
https://knews.kathimerini.com.cy/en/business/revenue-slumps-budget-spending-trails-in-cyprus
By the end of October 2025, Cyprus had collected 65% of its planned state revenues, while government spending reached just 59% of the budget, according to the General Accounting Office....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-named-‘best-private-bank-in-cyprus-2026-by-global-finance
Bank of Cyprus has just been named ‘Best Private Bank in Cyprus 2026’ by the prestigious Global Finance magazine, reconfirming its status as the leader in the Cypriot market. ...
https://knews.kathimerini.com.cy/en/business/eurobank-to-begin-trading-on-cyprus-stock-exchange-in-december-2025
In December 2025, Eurobank’s shares are set to start trading on the Cyprus Stock Exchange (CSE) in a “dual listing,” meaning they will continue trading simultaneously on the Athens Stock Exchange (ATHEX)....
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-welcomes-new-transfer-pricing-partner
Deloitte Cyprus announces the strengthening of its leadership team with the appointment of Vaios Makrygiannis as Partner, Transfer Pricing Leader, effective 1 December 2025....
https://knews.kathimerini.com.cy/en/comment/opinion/kevin-spacey-in-cyprus-who-s-really-scraping-the-bottom-of-the-barrel
Kevin Spacey, Oscar-winning icon of The Usual Suspects, L.A. Confidential, American Beauty, and Seven, has graced the sunny shores of Limassol with his one-man musical show, Songs & Stories....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-strengthens-children-s-hope-through-hope-for-children-with-a-total-donation-of-€60-000
On the occasion of Universal Children's Day, celebrated on November 20th each year, Lidl Cyprus reaffirms its commitment, proving that there is real Hope For Children when their rights are protected....
https://knews.kathimerini.com.cy/en/business/cyprus-scores-big-in-global-ratings
Cyprus is wrapping up the year with strong marks from the world’s big credit rating agencies, capping what officials say has been one of the economy’s best-performing years in recent memory....