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12° Nicosia,
04 December, 2025
 

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Displaying results 1-30 of 156 matches for query finances.

1. 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....

2. 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....

3. 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. ...

4. 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....

5. 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....

6. 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....

7. 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....

8. 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....

9. 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....

10. 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. ...

11. '‘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....

12. 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....

13. 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....

14. 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....

15. 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....

16. 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. ...

17. 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....

18. 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....

19. 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. ...

20. 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....

21. Shortcomings in Cyprus citizenship and immigration processes

https://knews.kathimerini.com.cy/en/news/shortcomings-in-cyprus-citizenship-and-immigration-processes

A recent audit of the Department of Population and Immigration (DPI) has revealed significant delays in the processing of citizenship applications, particularly those based on marriage to a Cypriot citizen....

22. UK bank closures could disrupt British expats in Cyprus

https://knews.kathimerini.com.cy/en/business/1-uk-bank-closures-could-disrupt-british-expats-in-cyprus

Lloyds Banking Group is shutting 136 more branches across the UK, continuing a long trend of high street bank closures. ...

23. Funeral parlors accused of paying bribes for bodies

https://knews.kathimerini.com.cy/en/news/funeral-parlors-accused-of-paying-bribes-for-bodies

Licensed funeral parlor owners in Cyprus are raising alarm over what they describe as an alarming trend of illegal funeral homes bribing hospital workers to secure the bodies of the deceased. ...

24. Kasselakis to stand trial over asset declaration violation

https://knews.kathimerini.com.cy/en/news/kasselakis-to-stand-trial-over-asset-declaration-violation

Stefanos Kasselakis, leader of the Movement for Democracy and former president of SYRIZA, is set to appear before the Athens Misdemeanor Court on May 8...

25. General strike continues in occupied areas over cost of living reforms

https://knews.kathimerini.com.cy/en/news/1-general-strike-continues-in-occupied-areas-over-cost-of-living-reforms

The general strike called by 32 unions across both public and private sectors in the occupied territories continues for a second day today, as workers protest proposed amendments to key regulations affecting their livelihoods. ...

26. Bank of Cyprus rolls out support measures for vulnerable groups

https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-rolls-out-support-measures-for-vulnerable-groups

After a tense voting session last week, when the bill to tax bank profits narrowly failed to pass in Parliament, the Bank of Cyprus seems to be stepping up with measures aimed at helping vulnerable communities across the island. ...

27. Vatican faces pension crisis despite its wealth

https://knews.kathimerini.com.cy/en/news/vatican-faces-pension-crisis-despite-its-wealth

Pope Francis made a surprising announcement this week, revealing that the Vatican's pension fund is in serious trouble and might not be able to pay pensions in the future unless big changes are made....

28. Rising food prices leave Cypriot households struggling

https://knews.kathimerini.com.cy/en/news/rising-food-prices-leave-cypriot-households-struggling

A recent survey reveals that consumers in Cyprus are increasingly worried about their financial future, as rising food costs and economic challenges weigh heavily on households....

29. BOC finalizes sale of troubled loans to boost stability and growth

https://knews.kathimerini.com.cy/en/news/boc-finalizes-sale-of-troubled-loans-to-boost-stability-and-growth

In September 2024, the Bank of Cyprus reached a deal with funds linked to Cerberus Global Investments B.V. to sell a portfolio of non-performing loans—primarily business loans backed by collateral. ...

30. Was Trump really the only option for the working class in 2024?

https://knews.kathimerini.com.cy/en/comment/opinion/was-trump-really-the-only-option-for-the-working-class-in-2024

What makes a political comeback genuinely remarkable? Is it policy, charm, or a connection to the people? ...

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