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12° Nicosia,
15 October, 2026
 

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Displaying results 1-30 of 3604 matches for query financial.

1. Eight bidders, €180 million and a second chance for Cyprus’ stalled gas terminal

https://knews.kathimerini.com.cy/en/news/eight-bidders-€180-million-and-a-second-chance-for-cyprus-stalled-gas-terminal

Eight bidders, €180 million and one second chance for Cyprus’ failed gas terminal. The government is trying again to finish Vasiliko, a project meant to help bring down electricity costs that has instead become a costly lesson in delays....

2. The road to completing the Vasilikos projects is fraught with obstacles

https://knews.kathimerini.com.cy/en/business/the-road-to-completing-the-vasilikos-projects-is-fraught-with-obstacles

Cyprus’s long-delayed Vasilikos LNG terminal could become operational by 2030, but finding a reliable contractor and resolving technical, financial and legal challenges remain key hurdles. Eight companies have expressed interest in completing the project, which stalled after the collapse of the contract with Chinese consortium CPP-METRON....

3. Is Cyprus ready for the AI revolution? Digital Agenda Summit puts the question to the test

https://knews.kathimerini.com.cy/en/news/is-cyprus-ready-for-the-ai-revolution-digital-agenda-summit-puts-the-question-to-the-test

Artificial intelligence is transforming the workplace and the global balance of power, prompting questions about whether Cyprus and Europe are prepared to adapt quickly enough. These issues took center stage as Digital Agenda Summit 2026 opened in Nicosia on Wednesday under the theme “AI WARS: Challenging the balance of power.”...

4. Cost of living soars as Nicosia seeks European breathing room

https://knews.kathimerini.com.cy/en/business/cost-of-living-soars-as-nicosia-seeks-european-breathing-room

The energy crisis and rising living costs have forced governments to scramble to keep up with support measures for businesses and households. With external factors driving prices higher showing no signs of improvement and conditions instead getting worse, Cyprus is calling for countries with sound economic indicators to be given greater fiscal flexibility to provide financial support....

5. Limassol to launch campaign encouraging more people to use public transport

https://knews.kathimerini.com.cy/en/news/limassol-to-launch-campaign-encouraging-more-people-to-use-public-transport

The government plans to encourage more people to use buses as part of efforts to tackle severe traffic congestion in Limassol, with the Transport Ministry preparing a public information campaign and reviewing existing services to identify where improvements are needed....

6. Trump’s ambassador to Greece resigns after allegations of misconduct

https://knews.kathimerini.com.cy/en/diplomatica/trump-s-ambassador-to-greece-resigns-after-allegations-of-misconduct

Kimberly Guilfoyle has resigned as the United States ambassador to Greece following weeks of allegations about her conduct, including claims that she sought personal financial assistance from a political donor in exchange for access to senior administration officials....

7. Cortisol and weight gain: Is stress really making you fat?

https://knews.kathimerini.com.cy/en/life/cortisol-and-weight-gain-is-stress-really-making-you-fat

In recent years, cortisol has become a hot topic in conversations about health, stress and weight gain. On social media, it is often labeled the “fat-storing hormone,” with many people blaming it for food cravings, stubborn belly fat and difficulty losing weight. But how much truth is there to these claims?...

8. The untapped reserve of Greece's soft power

https://knews.kathimerini.com.cy/en/comment/opinion/the-untapped-reserve-of-greece-s-soft-power

Greece has an extraordinary reserve of ''soft power.'' Rubio’s speech demonstrated that as clearly as anything could. Whether one agrees or disagrees with the way he tailored his narrative to the setting, there is no doubt that it offered further proof of the strength of the Greece ''brand.''...

9. Bank of Cyprus–cdbBank deal nears completion after staff exit scheme

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus–cdbbank-deal-nears-completion-after-staff-exit-scheme

Bank of Cyprus’ acquisition of cdbBank is on course for a successful conclusion after cdbBank met a key condition of the agreement: implementing a voluntary retirement scheme (VRS)....

10. State Services order culling of 2,000 animals to eradicate foot and mouth disease

https://knews.kathimerini.com.cy/en/news/state-services-order-culling-of-2-000-animals-to-eradicate-foot-and-mouth-disease

Approximately 2,000 animals across five livestock farms in Cyprus will be culled following infections identified during island-wide sample testing conducted in July, government officials confirmed on Monday....

11. Scammers steal €33,424 from 81-year-old woman in fake Gesy message

https://knews.kathimerini.com.cy/en/news/scammers-steal-€33-424-from-81-year-old-woman-in-fake-gesy-message

An 81-year-old woman lost €33,424 after following instructions in a fraudulent text message that appeared to come from Cyprus’ General Healthcare System (Gesy), police said on Monday....

12. Cheaper energy bills need better infrastructure, Keravnos says

https://knews.kathimerini.com.cy/en/news/cheaper-energy-bills-need-better-infrastructure-keravnos-says

Finance Minister Makis Keravnos stressed the need for the Finance Ministry to assess the Great Sea Interconnector’s (GSI) feasibility study, while acknowledging the project’s geopolitical importance, during his presentation of the 2027 state budget to Parliament....

13. Ministers for a day: Young people take their proposals to Cyprus’ Cabinet table

https://knews.kathimerini.com.cy/en/news/ministers-for-a-day-young-people-take-their-proposals-to-cyprus-cabinet-table

Young people took the seats usually occupied by Cyprus’ ministers and deputy ministers at a special Cabinet-style meeting, with an invitation from President Nikos Christodoulides: bring your ideas—and don’t hold back on criticism....

14. BBC: Deloitte Cyprus helped falsify records to hide Abramovich’s wealth

https://knews.kathimerini.com.cy/en/news/bbc-deloitte-cyprus-helped-falsify-records-to-hide-abramovich-s-wealth

Deloitte Cyprus helped falsify documents to conceal Roman Abramovich’s wealth and appears to have advised on a scheme that allowed one of his companies to evade millions in Cypriot taxes, according to a joint investigation by BBC Panorama and the Bureau of Investigative Journalism....

15. Cyprus turns to the U.S. for talent and investment

https://knews.kathimerini.com.cy/en/business/cyprus-turns-to-the-u-s-for-talent-and-investment

For the second consecutive year, the government is seeking to build ties with the U.S. market and connect with Cypriots living and working there through a series of meetings with international investors, business organizations, and members of the Cypriot diaspora....

16. The European ‘bogeyman’ that got Cyprus moving

https://knews.kathimerini.com.cy/en/comment/opinion/the-european-‘bogeyman-that-got-cyprus-moving

Cyprus is on track to absorb 97.3% of its EU Recovery and Resilience Facility funding, showing how the threat of lost money helped push long-delayed reforms forward....

17. Tel Aviv Stock Exchange considers buying Cyprus Stock Exchange

https://knews.kathimerini.com.cy/en/news/tel-aviv-stock-exchange-considers-buying-cyprus-stock-exchange

The Tel Aviv Stock Exchange is taking a serious look at buying the Cyprus Stock Exchange (CSE). Israeli financial publication Calcalist reports that the exchange, headed by Itay Ben Zeev, intends to participate in a tender to be launched by the Cypriot government for the exchange’s privatization....

18. Visa-free U.S. travel and direct flights top AmCham’s Cyprus wish list

https://knews.kathimerini.com.cy/en/business/visa-free-u-s-travel-and-direct-flights-top-amcham-s-cyprus-wish-list

A policy study by the American Chamber of Commerce in Cyprus (AmCham), which is part of the Cyprus Chamber of Commerce and Industry (CCCI), focuses on specific initiatives to further strengthen and deepen relations between the Republic of Cyprus and the United States....

19. Cyprus, Greece and France put GSI and Schengen on the table

https://knews.kathimerini.com.cy/en/news/cyprus-greece-and-france-put-gsi-and-schengen-on-the-table

Cyprus’ push to join the Schengen Area and the future of the Great Sea Interconnector were among the key issues discussed by the leaders of Cyprus, Greece and France on the sidelines of the MED9 summit in Split, Croatia....

20. Chess is set to receive 30 million euros over four years. This is the plan of the new FIDE president, Timur Turlov

https://knews.kathimerini.com.cy/en/business/chess-is-set-to-receive-30-million-euros-over-four-years-this-is-the-plan-of-the-new-fide-president-timur-turlov

On 26 September, at the Congress of the International Chess Federation (FIDE) in Samarkand, a new president was elected. The post was taken by 38-year-old Timur Turlov, founder and CEO of Freedom Holding. Over the next four years, he is prepared to invest around €30 million in the development of chess. This money will go towards creating a global ecosystem that will cater to both grandmasters and the millions of enthusiasts of this ancient game. What changes lie ahead for the world of chess? ...

21. Six major EU countries face a €4.8 trillion debt ‘bomb’

https://knews.kathimerini.com.cy/en/news/six-major-eu-countries-face-a-€4-8-trillion-debt-‘bomb

Borrowing money was once so cheap that some European governments paid no interest at all. Now those debts are coming due, and replacing them will cost considerably more....

22. Cyprus pushes to make justice faster and more digital

https://knews.kathimerini.com.cy/en/news/cyprus-pushes-to-make-justice-faster-and-more-digital

Cyprus must continue reforming its justice system to reduce delays and adapt courts to a rapidly changing legal environment, President Nikos Christodoulides said on Tuesday, while stressing that faster proceedings cannot come at the expense of fair trials or judicial independence....

23. Another company heads for the exit: Centalion moves headquarters out of Cyprus

https://knews.kathimerini.com.cy/en/business/another-company-heads-for-the-exit-centalion-moves-headquarters-out-of-cyprus

BrainRocket led the way, and Centalion Group is set to follow. The company announced on Oct. 2 that it had decided to move its headquarters out of Cyprus and relocate to Singapore....

24. France’s money troubles could reach your wallet in Cyprus

https://knews.kathimerini.com.cy/en/news/france-s-money-troubles-could-reach-your-wallet-in-cyprus

France’s financial problems may feel a long way from the weekly supermarket shop in Nicosia. But when they drag down the euro, the effects can travel....

25. Our banks are worth much more...could big investors come knocking?

https://knews.kathimerini.com.cy/en/news/our-banks-are-worth-much-more-could-big-investors-come-knocking

Bank of Cyprus ranks among the world’s leading banks, according to Forbes magazine’s first annual ''World’s Top Performing Banks 2026'' ranking, compiled in partnership with market research company Statista....

26. Raising children shouldn’t mean retiring on less

https://knews.kathimerini.com.cy/en/news/raising-children-shouldn-t-mean-retiring-on-less

The school runs, meals, washing and care don’t stop. But when a mother steps away from paid employment to raise her children, her pension contributions can....

27. €1m paid to 650 farmers, with new €1.5m support opening in November

https://knews.kathimerini.com.cy/en/business/€1m-paid-to-650-farmers-with-new-€1-5m-support-opening-in-november

The state has paid out €1 million in financial support to 650 professional farmers and agricultural businesses, with another €1.5 million in emergency assistance set to become available through two new schemes in November....

28. Central Bank keeps banks’ safety cushion at 1.5%, what does that mean for you?

https://knews.kathimerini.com.cy/en/news/central-bank-keeps-banks-safety-cushion-at-1-5-what-does-that-mean-for-you

The Central Bank of Cyprus has decided to keep the country’s countercyclical capital buffer at 1.5%, a term that sounds technical but essentially means banks must continue keeping extra money in reserve for difficult times....

29. Makis’ cashbox and the government’s two voices

https://knews.kathimerini.com.cy/en/comment/opinion/makis-cashbox-and-the-government-s-two-voices

A party leader who supports the government is publicly clashing, and in unusually strong terms, with a minister from the same political camp. That minister also happens to have served successfully in his father’s government....

30. Filling the heating-oil tank could cost €650 more this winter

https://knews.kathimerini.com.cy/en/news/filling-the-heating-oil-tank-could-cost-€650-more-this-winter

Winter has not properly arrived yet, but the bill is already beginning to take shape....

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