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12° Nicosia,
18 August, 2026
 

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Displaying results 1-30 of 602 matches for query financial measures.

1. The €109 million strategy that aims to transform Cyprus’ agriculture sector

https://knews.kathimerini.com.cy/en/news/the-€109-million-strategy-that-aims-to-transform-cyprus-agriculture-sector

The “Strategy for the Development of the Primary Sector” is moving forward with a major economic footprint and an implementation timeline through 2029. It includes 11 actions with a total budget of €109.3 million. ...

2. What could change for your pensions with the new reform?

https://knews.kathimerini.com.cy/en/news/what-could-change-for-your-pensions-with-the-new-reform

The finishing touches are being put on the pension reform bill today. Labour Minister Marinos Mousiouttas is presenting the proposed measures to Finance Minister Makis Keravnos, with the aim of securing final approval and assessing their impact on public finances....

3. ''Raptors for LIFE'' launches to protect Cyprus’ endangered birds of prey

https://knews.kathimerini.com.cy/en/news/raptors-for-life-launches-to-protect-cyprus-endangered-birds-of-prey

A new conservation programme backed by the European Union will begin in Cyprus this October, bringing together six organisations in a coordinated effort to protect three of the island’s most important birds of prey....

4. Government-municipality funding battle shows no sign of ending

https://knews.kathimerini.com.cy/en/news/government-municipality-funding-battle-shows-no-sign-of-ending

The dispute between the government and the Union of Municipalities over state funding for local authorities shows no sign of ending. ...

5. EAC unions suspend industrial action until September

https://knews.kathimerini.com.cy/en/news/eac-unions-suspend-industrial-action-until-september

Trade unions representing employees at the Electricity Authority of Cyprus (EAC) have suspended the industrial action they had planned until September, citing the difficult conditions currently affecting the country's electricity system....

6. Cyprus wants more local nurses, and it's now offering students up to €5,750 to join the profession

https://knews.kathimerini.com.cy/en/news/cyprus-wants-more-local-nurses-and-it-s-now-offering-students-up-to-€5-750-to-join-the-profession

Cyprus is taking a new approach to one of its most persistent healthcare problems: encouraging more young people to become nurses and stay in Cyprus to work....

7. The housing crisis is not just about homes, it's about Cyprus’ future

https://knews.kathimerini.com.cy/en/comment/opinion/the-housing-crisis-is-not-just-about-homes-it-s-about-cyprus-future

The housing crisis is no longer a temporary economic difficulty. It is evolving into one of the European Union’s (EU) most significant public policy challenges, affecting social cohesion, demographic renewal, economic competitiveness, and the sustainable development of both cities and rural areas....

8. Five years, €1 billion and hundreds of projects: Cyprus closes its EU recovery chapter

https://knews.kathimerini.com.cy/en/news/five-years-€1-billion-and-hundreds-of-projects-cyprus-closes-its-eu-recovery-chapter

The end of the summer marks the completion of Cyprus’ Recovery and Resilience Plan (RRP), effectively closing a five-year cycle of investments and reforms....

9. The Republic of Cyprus is being held hostage by its own energy crisis

https://knews.kathimerini.com.cy/en/news/the-republic-of-cyprus-is-being-held-hostage-by-its-own-energy-crisis

Energy Minister Michalis Damianos recently advised citizens to remain patient while the Transmission System Operator Cyprus (TSOC) rolls out scheduled blackouts during heatwaves over 40 degrees Celsius. Unsurprisingly, these comments met with anger and outrage....

10. One month's salary just to keep the lights on?

https://knews.kathimerini.com.cy/en/news/one-month-s-salary-just-to-keep-the-lights-on

Ensuring an adequate electricity supply during the summer is undoubtedly the top priority for consumers, who want to avoid a repeat of last year's rolling power cuts during periods of peak demand. ...

11. Traditional banks are funding more shadow loans

https://knews.kathimerini.com.cy/en/business/traditional-banks-are-funding-more-shadow-loans

While lending increasingly grows in a demanding environment with geopolitical developments affecting the region and by extension Cyprus, the boundaries between traditional and shadow banking are becoming more and more blurred....

12. Government approves €1 million to clear illegal waste dumping sites

https://knews.kathimerini.com.cy/en/news/government-approves-€1-million-to-clear-illegal-waste-dumping-sites

The Council of Ministers has approved €1 million in emergency funding to help communities remove illegally dumped waste, adding to ongoing government efforts to reduce environmental risks and lower the threat of wildfires....

13. Greece blocks new EU sanctions over Russian gas to protect Greek shipping giant

https://knews.kathimerini.com.cy/en/news/greece-blocks-new-eu-sanctions-over-russian-gas-to-protect-greek-shipping-giant

Greece has delayed the European Union's latest round of sanctions against Russia, arguing that the proposed measures would severely damage a major Greek shipping company that transports Russian liquefied natural gas (LNG)....

14. Commission approves €120 million Recovery Fund payment for Cyprus

https://knews.kathimerini.com.cy/en/news/commission-approves-€120-million-recovery-fund-payment-for-cyprus

Cyprus is set to receive another €120 million after the European Commission approved the country's sixth payment request under the Recovery and Resilience Facility (RRF), the flagship funding programme of NextGenerationEU....

15. President confirms second chance for 2013 bail-in compensation claims

https://knews.kathimerini.com.cy/en/business/president-confirms-second-chance-for-2013-bail-in-compensation-claims

President Nikos Christodoulides has confirmed that the online portal for compensation claims linked to Cyprus' 2013 banking crisis will reopen, giving eligible depositors and holders of bank securities another opportunity to submit applications if they missed the original deadline....

16. Residents and businesses reject Nicosia's €10.8m historic centre redevelopment plan

https://knews.kathimerini.com.cy/en/news/residents-and-businesses-reject-nicosia-s-€10-8m-historic-centre-redevelopment-plan

Business owners and residents in Nicosia's historic centre have rejected the municipality's proposed redevelopment plans, arguing that the project falls well short of what the area requires and calling for a substantially larger investment....

17. Cypriot cabinet approves €6.35 million in new aid to clear foot-and-mouth compensation claims

https://knews.kathimerini.com.cy/en/news/cypriot-cabinet-approves-€6-35-million-in-new-aid-to-clear-foot-and-mouth-compensation-claims

The Cypriot government has finalized two new financial relief packages totaling €6.35 million to support livestock farmers recovering from a major foot-and-mouth disease crisis that began on February 20, 2026. This newly approved funding increases total state support for the sector to €39 million....

18. ESM report says Cyprus and Greece are the only eurozone countries expected to reduce debt through 2035

https://knews.kathimerini.com.cy/en/business/esm-report-says-cyprus-and-greece-are-the-only-eurozone-countries-expected-to-reduce-debt-through-2035

About half of the euro area countries, including the five member states that received assistance from the European Stability Mechanism (ESM), among them Cyprus, succeeded in reducing public debt and cutting deficits after the pandemic, thanks to the steady economic recovery and growing tax revenues....

19. PASYKAF launches major wellness campaign for women

https://knews.kathimerini.com.cy/en/news/pasykaf-launches-major-wellness-campaign-for-women

A local health organization has introduced a major campaign targeting the well-being of women across Cyprus, emphasizing the critical role of regular medical checkups....

20. EU approves emergency fertilizer support for farmers

https://knews.kathimerini.com.cy/en/news/eu-approves-emergency-fertilizer-support-for-farmers

Farmers across the European Union are set to receive financial assistance after the European Parliament approved emergency measures aimed at easing the burden of soaring fertilizer costs before the next planting season....

21. New European rules tighten the reins on cryptocurrency platforms

https://knews.kathimerini.com.cy/en/business/new-european-rules-tighten-the-reins-on-cryptocurrency-platforms

Out of more than 1,200 companies that held pre-MiCA national registrations across the EU, only about 210 had secured a full CASP license....

22. EU launches five major joint defence projects to counter fragmented military spending

https://knews.kathimerini.com.cy/en/news/eu-launches-five-major-joint-defence-projects-to-counter-fragmented-military-spending

The European Union has launched five massive, multi-billion-euro military initiatives in a coordinated effort to force member states out of their habit of buying weapons independently....

23. Vasilikos project delays leave Cyprus facing grid instability and potential blackouts by 2030

https://knews.kathimerini.com.cy/en/business/vasilikos-project-delays-leave-cyprus-facing-grid-instability-and-potential-blackouts-by-2030

Lawmakers voiced heavy criticism over the state’s handling of the island’s energy strategy on Thursday, warning that severe electricity deficits could hit Cyprus by the end of the decade if alternatives to the stalled Vasilikos liquefied natural gas (LNG) terminal are not secured....

24. USA: Catholic church agrees to $395m payout over 500+ abuse lawsuits

https://knews.kathimerini.com.cy/en/news/usa-catholic-church-agrees-to-$395m-payout-over-500-abuse-lawsuits

The Catholic Archdiocese of San Francisco is set to pay $395 million to settle more than 500 lawsuits alleging child sexual abuse by church officials, according to attorneys representing the survivors....

25. ECB warns Cyprus foreclosure changes could backfire on economy and borrowers

https://knews.kathimerini.com.cy/en/news/ecb-warns-cyprus-foreclosure-changes-could-backfire-on-economy-and-borrowers

On May 18, 2026, the European Central Bank (ECB) received a request from Cyprus’ Finance Ministry to provide an opinion on legislation passed by Parliament that amends the country’s foreclosure framework. ...

26. Cyprus delivers results-focused EU presidency, says Christodoulides

https://knews.kathimerini.com.cy/en/news/cyprus-delivers-results-focused-eu-presidency-says-christodoulides

President of the Republic Nikos Christodoulides presented an assessment of Cyprus’ Presidency of the Council of the European Union following the conclusion of the final European Council meeting held during Cyprus’ six-month term. He described it as “a mission that we carried out with genuine dedication, intensive work, steady progress and tangible results.”...

27. Companies fined €55,000 after fatal workplace accident in Paphos

https://knews.kathimerini.com.cy/en/news/companies-fined-€55-000-after-fatal-workplace-accident-in-paphos

Three companies and three individuals have been convicted by the Paphos District Court following a fatal construction-site accident that led to a worker's death....

28. Christodoulides says Cyprus talks should build on common ground, not start from scratch

https://knews.kathimerini.com.cy/en/news/christodoulides-says-cyprus-talks-should-build-on-common-ground-not-start-from-scratch

Almost a decade after Crans-Montana, the Cyprus issue appears to be returning to the center of political developments. Whether this activity will lead to meaningful progress or simply add another chapter to a long history of unmet expectations remains the key question....

29. Melios Pet Centre alleges Government officials’ conduct led to deaths of legally imported animals

https://knews.kathimerini.com.cy/en/news/melios-pet-centre-alleges-government-officials-conduct-led-to-deaths-of-legally-imported-animals

Melios Pet Centre Ltd has filed a formal complaint alleging a long pattern of misconduct by several government departments and officials, including actions that the company says caused significant financial losses and the death of imported animals....

30. Cyprus tells Europe: Our banks are stronger than ever

https://knews.kathimerini.com.cy/en/news/cyprus-tells-europe-our-banks-are-stronger-than-ever

With the aim of improving Cyprus’ image as an international financial center and showcasing the progress made in the banking sector as well as the wider economy, representatives of Cypriot banks traveled to Brussels. ...

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