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12° Nicosia,
01 February, 2026
 

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Displaying results 1-30 of 166 matches for query finances.

1. Cyprus made money this summer, and spent a lot of it

https://knews.kathimerini.com.cy/en/news/cyprus-made-money-this-summer-and-spent-a-lot-of-it

Cyprus recorded a €653.6 million budget surplus in the third quarter of 2025, according to preliminary figures released by the Statistical Service, good news for the country’s finances, even if it’s a slimmer cushion than last year....

2. After a year of silence, Cyprus returns to the markets for €1bn

https://knews.kathimerini.com.cy/en/business/after-a-year-of-silence-cyprus-returns-to-the-markets-for-€1bn

Cyprus wasted no time in making its way back to the financial markets this year, setting its sights on raising around €1 billion through a 10-year government bond. ...

3. Digital clues suggest Turkish source behind controversial video

https://knews.kathimerini.com.cy/en/news/digital-clues-suggest-turkish-source-behind-controversial-video

A controversial video questioning President Nikos Christodoulides’ campaign finances may have a Turkish connection, according to cybersecurity experts analyzing the footage that surfaced last night....

4. Major public works head into 2026 under a cloud of delays and cost overruns (pics)

https://knews.kathimerini.com.cy/en/news/major-public-works-head-into-2026-under-a-cloud-of-delays-and-cost-overruns

The arrival of 2026 is shaping up to be a major test for the government, particularly when it comes to public infrastructure. Several large-scale projects are running far behind the timelines announced when they were first unveiled, with delays now becoming the norm rather than the exception....

5. Cyprus weathers global turbulence as economic growth and reforms hold firm in 2025

https://knews.kathimerini.com.cy/en/business/cyprus-weathers-global-turbulence-as-economic-growth-and-reforms-hold-firm-in-2025

Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...

6. Disability support allowance exposed as inadequate for real home care needs

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....

7. Cyprus overhauls its tax system, what it means for your family

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....

8. Budget Christmas gets pricier as lower-income families face 9% hike

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....

9. Who pays when public sector wages keep rising?

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....

10. India's Historic Labour Reforms: Building a Fair, Modern, and Inclusive Work Ecosystem

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....

11. Parliament moves to limit former presidents’ perks to 5 years

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....

12. Kevin Spacey in Cyprus: Who’s really scraping the bottom of the barrel?

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....

13. Cyprus counts 175,000 legal migrants as irregular arrivals plummet 89%

https://knews.kathimerini.com.cy/en/news/cyprus-counts-175-000-legal-migrants-as-irregular-arrivals-plummet-89

The Republic of Cyprus now hosts more than 175,000 legally residing nationals from non-EU countries, according to figures presented this week to Parliament by the Deputy Ministry of Migration and International Protection. ...

14. President unveils major tax overhaul aimed at fairness, growth and green transition

https://knews.kathimerini.com.cy/en/news/president-unveils-major-tax-overhaul-aimed-at-fairness-growth-and-green-transition

Cyprus is rolling out the biggest tax shake-up in more than two decades, promising a fairer system that supports families, strengthens local businesses, and keeps the economy competitive....

15. Cyprus reports €29.3 billion negative net financial position, household income climbs in 2024

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....

16. Erhurman’s victory signals shift in Turkish Cypriot politics

https://knews.kathimerini.com.cy/en/news/erhurman-s-victory-signals-shift-in-turkish-cypriot-politics

The recent election victory of Tufan Erhurman in the occupied north of Cyprus marks more than a simple leadership change: it reflects a reshaping of Turkish Cypriot political identity, according to research by the University of Cyprus....

17. Cyprus to auction €25 million in treasury bills this month

https://knews.kathimerini.com.cy/en/news/cyprus-to-auction-€25-million-in-treasury-bills-this-month

Cyprus is once again turning to short-term borrowing, announcing a €25 million Treasury Bills auction that will take place on October 20, between 8:30 a.m. and 11:30 a.m., according to the Public Debt Management Office (PDMO) of the Ministry of Finance....

18. Foreign buyers account for over a quarter of Cyprus property sales

https://knews.kathimerini.com.cy/en/business/foreign-buyers-account-for-over-a-quarter-of-cyprus-property-sales

Foreign buyers from outside the European Union accounted for 27% of all property sales in Cyprus in 2024, the Audit Office said Wednesday during a parliamentary review of foreign real estate acquisitions....

19. Christodoulides heads to Canada to court investors

https://knews.kathimerini.com.cy/en/news/christodoulides-heads-to-canada-to-court-investors

President Nikos Christodoulides is traveling to Toronto this week to showcase Cyprus as a prime destination for international investment, the government said Wednesday....

20. Cyprus government posts €551M budget surplus in first five months of 2025

https://knews.kathimerini.com.cy/en/news/cyprus-government-posts-€551m-budget-surplus-in-first-five-months-of-2025

Cyprus continues to keep its public finances in check, reporting a general government surplus of €551.2 million for the first five months of 2025, slightly higher than the €542.6 million recorded during the same period last year. ...

21. '‘When will that dreadful building be demolished?’'

https://knews.kathimerini.com.cy/en/news/‘when-will-that-dreadful-building-be-demolished

Former First Lady and former European Parliament member Androulla Vassiliou has drawn strong criticism after publicly calling for the demolition of APOEL football club’s clubhouse....

22. Cyprus exits EU’s macroeconomic imbalance list as Brussels urges reforms in innovation, energy, and education

https://knews.kathimerini.com.cy/en/business/cyprus-exits-eu-s-macroeconomic-imbalance-list-as-brussels-urges-reforms-in-innovation-energy-and-education

Cyprus is no longer considered a country with macroeconomic imbalances, the European Commission announced Wednesday in its 2025 Spring Package, marking a significant milestone in the nation’s post-crisis economic recovery....

23. Union condemns threats against Turkish Cypriot journalist exposing corruption and organized crime in occupied Cyprus

https://knews.kathimerini.com.cy/en/news/union-condemns-threats-against-turkish-cypriot-journalist-exposing-corruption-and-organized-crime-in-occupied-cyprus

The Union of Cyprus Journalists (UCJ) has raised alarm over death threats made against journalist Aysemden Akin, editor-in-chief of the online newspaper Bugun Kibris, following her investigative reporting into corruption and criminal networks tied to occupied Cyprus and Turkey....

24. Cyprus avoids water cuts, but your bill might take a hit

https://knews.kathimerini.com.cy/en/news/cyprus-avoids-water-cuts-but-your-bill-might-take-a-hit

Cyprus has sidestepped water cuts this summer thanks to a last-minute deal with the United Arab Emirates for 15 mobile desalination units....

25. Is development finance the key to fixing London’s housing crisis?

https://knews.kathimerini.com.cy/en/comment/opinion/is-development-finance-the-key-to-fixing-london-s-housing-crisis

London’s housing crisis is certainly nothing new, but its consequences are becoming increasingly harder to ignore....

26. Human Rights Court voices concern over migrant treatment in Cyprus

https://knews.kathimerini.com.cy/en/news/human-rights-court-voices-concern-over-migrant-treatment-in-cyprus

Cyprus has come under increased scrutiny for its handling of migration, with the Auditor General's recent report shining a light on several serious issues despite efforts to reduce illegal arrivals. ...

27. New health bill ensures no more prescriptions from non-GESY doctors

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....

28. One in three Cypriot households struggling with rising costs

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....

29. Nicosia Mayor sounds alarm over city's financial crisis

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. ...

30. Cyprus Government unveils plans to tackle housing crisis

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....

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