https://knews.kathimerini.com.cy/en/news/big-pharma-challenges-eu-over-wastewater-treatment-costs
A legal battle is unfolding between the pharmaceutical and cosmetics industries and the European Union over who should bear the financial burden of urban wastewater treatment....
https://knews.kathimerini.com.cy/en/news/new-health-bill-ensures-no-more-prescriptions-from-non-gesy-doctors
The House of Representatives approved an urgent amendment to the General Healthcare System on Thursday afternoon, with 37 votes in favor and 3 against....
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/double-cabins-photovoltaic-cuts-and-a-never-ending-trial-cyprus-comedy-of-errors
We’ve had comical escapes, photovoltaic cutoffs, electricity from the occupied areas, a paramilitary group that refuses to acknowledge the state, and poor Giannakis managing to postpone his trial 18 times (yes, eighteen). ...
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/business/government-to-fill-26-000-public-sector-jobs-in-2025-but-thousands-remain-vacant
The 2025 Budget includes 26,516 first appointment positions in the public sector, out of a total of 38,803 approved positions....
https://knews.kathimerini.com.cy/en/news/nicosia-mayor-sounds-alarm-over-city-s-financial-crisis
Nicosia’s mayor, Charalambos Prountzos, has raised the alarm over the capital’s financial situation, warning that without immediate state support, the municipality will struggle to meet its obligations. ...
https://knews.kathimerini.com.cy/en/news/businesses-call-for-simpler-fairer-tax-reform-in-cyprus
The Institute of Certified Public Accountants of Cyprus is raising concerns over Cyprus’ proposed tax reform, arguing that while the new framework aims to ease the tax burden on individuals and businesses, it remains overly complex. ...
https://knews.kathimerini.com.cy/en/news/ai-auditing-or-auditing-ai-ensuring-accountability-and-trust
As artificial intelligence (AI) systems are used more and more in core business models in multiple sectors such as finance, healthcare, technology, and human resources, ensuring their transparency, fairness, integrity and reliability is paramount....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-awarded-best-private-bank-cyprus-2025-by-global-banking-finance-review
Bank of Cyprus has been awarded the prestigious title of ''Best Private Bank Cyprus 2025'' by Global Banking & Finance Review magazine, reaffirming its position as the country’s leading financial institution. ...
https://knews.kathimerini.com.cy/en/news/cyprus-government-unveils-plans-to-tackle-housing-crisis
Cypriots struggling with the growing housing crisis can breathe a little easier, thanks to new government measures aimed at making homes more affordable and accessible....
https://knews.kathimerini.com.cy/en/business/consulco-welcomes-christoforos-kittenis-as-director-at-london-credit
Consulco is proud to announce the addition of Christoforos Kittenis to the team as Director at London Credit, the UK-based lender of the Consulco Group....
https://knews.kathimerini.com.cy/en/business/cyprus-sees-investment-boom-as-foreign-companies-flock-to-the-island
The investment scene in Cyprus is off to a strong start in 2025, with foreign investors showing increased enthusiasm for setting up businesses on the island....
https://knews.kathimerini.com.cy/en/business/new-leadership-appointments-at-k-treppides-co-ltd
The Management of K. Treppides & Co Ltd is thrilled to announce the appointment of new leaders to our Board of Directors and Board of Management, effective from 1 March 2025. This highlights our commitment to fostering excellence and promoting talent from within our ranks....
https://knews.kathimerini.com.cy/en/news/lack-of-certificate-of-occupancy-puts-homeowners-at-risk-in-rent-to-mortgage-plan
A surprising revelation in the ongoing discussion about the Rent to Mortgage Scheme has raised concerns for homeowners across Cyprus: around 60% of the properties involved in the scheme do not have an official certificate of occupancy, meaning that a building complies with all necessary regulations and is safe for use or habitation....
https://knews.kathimerini.com.cy/en/business/mps-mull-casino-cash-exemption-despite-laundering-fears
A proposal to exempt casinos from Cyprus' €10,000 cash transaction limit has sparked a heated debate in parliament, with regulators warning that such a move could open the door to money laundering and create unequal rules for businesses....
https://knews.kathimerini.com.cy/en/news/concerns-raised-over-dangerous-sprays-and-waste-management-at-carnivals
The use of hazardous sprays at carnival celebrations has come under scrutiny following a recent discussion before the Parliamentary Environment Committee....
https://knews.kathimerini.com.cy/en/business/vasilikos-project-needs-another-€200-million—will-it-ever-be-finished
The ambitious Vasilikos gas terminal project in Cyprus is facing significant financial and logistical hurdles, with an additional €200 million needed to complete construction. ...
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-bold-overhaul-aims-to-boost-economy-but-sparks-debate
Cyprus is preparing to implement its first major tax reform in over two decades, aiming to modernize the tax system, boost competitiveness, and align with international standards....
https://knews.kathimerini.com.cy/en/news/33east-unites-cyprus-startup-ecosystem-for-official-fund-launch
33East, a Cyprus-focused venture capital firm, is officially launching its debut fund with an event bringing together founders, investors, and key ecosystem leaders who share the vision of transforming Cyprus into a hive for innovation and entrepreneurship....
https://knews.kathimerini.com.cy/en/news/police-demand-€45-000-for-carnival-security-sparks-outrage
A €45,000 bill from the police to Limassol's local authorities for security at this year's Sunday carnival parade has stirred heated reactions, with municipal officials calling the demand unacceptable and legally baseless....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-rolls-out-the-red-carpet-for-civil-servants
A decade after the financial crisis that forced Cyprus to slash public sector benefits under the terms of its bailout agreement, the government is now gradually rolling back austerity measures — handing back perks to civil servants in a move seen as both politically strategic and potentially risky....
https://knews.kathimerini.com.cy/en/news/kuwait-embassy-in-cyprus-marks-national-day-with-high-profile-celebration
The Embassy of the State of Kuwait in Cyprus marked its 64th National Day and 34th Liberation Day with a grand reception at the Hilton Nicosia on February 25, bringing together top Cypriot officials, diplomats, and dignitaries....
https://knews.kathimerini.com.cy/en/news/nicosia-s-old-gsp-transformed-into-urban-park-ready-for-public-use
The long-awaited redevelopment of the old GSP site is nearly complete and is set to be handed over to the Nicosia Municipality in March.
...
https://knews.kathimerini.com.cy/en/news/supreme-court-ruling-forces-haircut-victims-to-district-courts
The Cyprus Supreme Court has confirmed that cases related to the controversial 2013 ''haircuts'' at Bank of Cyprus and Laiki Bank must be heard by District Courts, not the Administrative Court, according to a statement from the Legal Service.
...
https://knews.kathimerini.com.cy/en/business/green-oasis-or-business-hub-the-fight-over-nicosia-s-state-fair-site
The Nicosia Municipality, Nicosia district MPs, and residents of Engomi are increasing pressure on the government to reconsider its plans for developing the State Fair site. ...
https://knews.kathimerini.com.cy/en/news/from-greece-to-the-balkans-steve-bannon-warns-of-the-looming-threat-of-world-war-iii
Steve Bannon, former White House strategist and controversial figure behind the MAGA movement, has made his home and podcast headquarters in one of Washington, D.C.'s most prestigious neighborhoods, just a stone’s throw from the U.S. Capitol....
https://knews.kathimerini.com.cy/en/news/the-battle-over-the-state-fair-site
The Nicosia Municipality is pushing the government to rethink its plans for the State Fair site, with the issue heating up as discussions intensify between local leaders and officials....
https://knews.kathimerini.com.cy/en/news/is-cyprus-public-sector-too-large-hiring-freeze-lifted-amid-rising-costs
The Cyprus government is set to fully lift the ban on hiring permanent public sector employees, marking a significant shift from austerity measures imposed over a decade ago....
https://knews.kathimerini.com.cy/en/news/in-cyprus-schools-a-frying-pan-movement-collects-cooking-oil-for-fuel
Scientists in Cyprus have enlisted children to help recycle used cooking oil into biofuel, Reuters reported last week....
