https://knews.kathimerini.com.cy/en/news/budget-stays-in-surplus-as-war-and-rising-prices-squeeze-the-economy
The 2027 state budget will be presented to the Council of Ministers on Wednesday. It was prepared against a particularly challenging economic backdrop, just one week after the European Central Bank raised interest rates in an effort to contain inflationary pressures....
https://knews.kathimerini.com.cy/en/business/carney-urges-cyprus-and-nine-eu-states-to-ratify-canada-trade-deal
Canadian Prime Minister Mark Carney has called on Cyprus and nine other EU member states to ratify the European Union’s trade agreement with Canada, as Ottawa looks to strengthen its economic and political links with Europe while relations with Washington continue to deteriorate....
https://knews.kathimerini.com.cy/en/diplomatica/china-and-cyprus-celebrate-a-friendship-built-across-the-miles
China and Cyprus may be separated by thousands of kilometers, but the message inside the Hilton Nicosia on Monday evening was simple: distance has not stopped the two countries from growing closer....
https://knews.kathimerini.com.cy/en/news/former-cyprus-minister-didn-t-declare-€2-4-million-of-his-assets-as-required
For most people, €2.4 million is not an amount easily overlooked. Yet an unnamed former minister in the Christodoulides government failed to include bank accounts containing roughly that amount in official asset declarations filed when entering and leaving office, according to the chairman of Parliament’s institutions committee....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-has-reached-the-moment-of-truth-with-turkey
The tragic events of 1974 unquestionably and fundamentally changed the realities of what has long been described as the ''Cyprus problem.''...
https://knews.kathimerini.com.cy/en/news/same-government-building-€23-million-more-what-changed
Cyprus is preparing to spend an estimated €68 million on a new headquarters for the Legal Service, €23 million more than the broadly similar project put forward three years ago....
https://knews.kathimerini.com.cy/en/news/cyprus-presses-on-with-four-desalination-plants
A wetter year has given Cyprus’s farmers a little more water to work with. But the government is planning for the years when the rain does not come: four permanent desalination plants are being taken forward, with a combined planned capacity of 180,000 cubic meters a day....
https://knews.kathimerini.com.cy/en/news/the-cost-of-pension-reform
The picture surrounding pension reform continues to shift as the government and social partners discuss new scenarios and raise fresh concerns—all before the actuarial studies needed to confirm the Social Insurance Fund’s long-term stability have been completed....
https://knews.kathimerini.com.cy/en/news/bad-loans-weigh-heavily-on-the-courts
Cases involving non-performing loans appear to be placing an increasing burden on Cyprus’ already strained court system, even as the net book value of all loans managed by credit-acquiring companies has fallen to €2.8 billion....
https://knews.kathimerini.com.cy/en/news/government-chaos-over-the-power-cable
The president’s attempt to extinguish the latest fire surrounding the Cyprus-Europe electricity link through Crete—and clarify Nicosia’s position on the project—cannot be considered a success....
https://knews.kathimerini.com.cy/en/news/eu-commits-€34m-to-turkish-cypriot-community-with-focus-on-trade-and-reunification
The European Commission has adopted a €34 million aid programme for the Turkish Cypriot community in 2026, with funding aimed not only at economic development but also at practical cooperation between the two communities Cyprus....
https://knews.kathimerini.com.cy/en/news/houthis-used-claude-ai-to-help-build-missile-guidance-systems
A cell believed to be linked to Yemen’s Houthi rebels used Claude AI to help develop the software needed to guide and control missiles, according to a new Anthropic threat report cited by the Financial Times....
https://knews.kathimerini.com.cy/en/business/1-from-chatbots-to-co-workers
Three questions decide whether your AI investment compounds into operating advantage or evaporates into another round of pilots.
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https://knews.kathimerini.com.cy/en/news/the-hidden-business-selling-youth-for-thousands
The hugely popular entertainer (who wished to remain anonymous) could barely keep up with calls from journalists on Thursday. They wanted a comment about Giorgos Mazonakis, whom he knew, but he politely declined to speak about to anyone....
https://knews.kathimerini.com.cy/en/news/ecb-raises-rates-again-as-cyprus-households-face-costlier-loans
If higher supermarket bills, electricity costs and petrol prices were not enough, some Cyprus households could now face another demand on their monthly budget: a more expensive loan....
https://knews.kathimerini.com.cy/en/business/the-boc-fintech-hackathon-7-0-is-here-build-the-future
Bank of Cyprus is organizing the 7th Innovation Marathon for application development, BoC Fintech Hackathon 7.0, which focuses on implementing proposals and digital applications around Fintech, while also combining themes such as Social Innovation, Cybersecurity, and Smart Cities, using Artificial Intelligence, with the main goal of promoting entrepreneurship.
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https://knews.kathimerini.com.cy/en/news/cabinet-approves-new-appointments-across-key-state-bodies
The Cabinet has approved a series of new appointments to the governing boards of several public institutions, including the Cyprus Securities and Exchange Commission (CySEC), the Central Bank of Cyprus, the Youth Board of Cyprus and the National Cancer Institute....
https://knews.kathimerini.com.cy/en/news/build-your-home-on-state-land-at-25-of-its-value-do-you-qualify
For a young family watching house prices climb further out of reach, a state plot offered at just 25% of its market value sounds like the break they have been waiting for....
https://knews.kathimerini.com.cy/en/comment/opinion/gsi-inside-president-christodoulides-mind
The entry of French company Meridiam as the majority stakeholder in the consortium behind the Great Sea Interconnector (GSI) provides greater certainty about the project’s future and significantly reduces its political risk...
https://knews.kathimerini.com.cy/en/news/cyprus-patient-misses-transplant-after-no-flight-could-be-found
A 38-year-old patient lost the chance to receive a transplant because Cyprus could not secure a plane to take him to Athens in time....
https://knews.kathimerini.com.cy/en/news/paphos-was-promised-72-new-buses-two-years-later-it-has-just-32
Paphos was supposed to have 72 new buses on its roads by February 2024. Nearly two years later, fewer than half had arrived....
https://knews.kathimerini.com.cy/en/news/uk-bans-trade-with-‘settler-terrorists-accuses-them-of-ethnic-cleansing
Britain is banning trade with Israeli settlements in the occupied West Bank, accusing violent settlers of carrying out the ethnic cleansing of Palestinians....
https://knews.kathimerini.com.cy/en/news/brussels-looks-to-polluters-and-old-gadgets-to-help-fund-europe-s-budget
The European Union is looking at pollution and discarded electronics to help fund its next seven-year budget, and Cyprus’ poor record on collecting old devices could make the plan particularly relevant to the island....
https://knews.kathimerini.com.cy/en/news/cyprus-will-not-be-cut-out-of-gsi-energy-minister-insists
Cyprus will not be bypassed by the Great Sea Interconnector, Energy Minister Michalis Damianos insisted Sunday, responding to reports that alternative routes could leave the island out of the major electricity project....
https://knews.kathimerini.com.cy/en/news/another-17-000-cyprus-families-to-qualify-for-child-benefit
Another 17,000 families in Cyprus are expected to qualify for child benefit under an expansion announced by President Nikos Christodoulides, potentially bringing financial support to more than 23,000 additional children....
https://knews.kathimerini.com.cy/en/business/cyber-fraud-the-cost-to-your-wallet-and-your-peace-of-mind
The consequences of cybercrime, online fraud, or email scams can be far-reaching, affecting both your finances and your peace of mind.
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https://knews.kathimerini.com.cy/en/business/s-p-global-ratings-revises-freedom24-outlook-to-positive-highlighting-the-group-s-diversified-earnings-and-strong-capitalisation
Following an improved assessment of risk in the banking sector of Kazakhstan, Freedom Holding Corp.’s largest operating market, S&P Global Ratings has revised the outlook on the long-term issuer credit ratings of the group and its four core subsidiaries from stable to positive. The long- and short-term ratings on the operating subsidiaries were affirmed at BB-/B, while the rating on Freedom Holding Corp. was affirmed at B-. S&P also raised the Kazakhstan national-scale ratings on Freedom Finance JSC and Freedom Bank Kazakhstan JSC to kzA from kzA-....
https://knews.kathimerini.com.cy/en/business/three-major-deals-await-the-regulators-green-light
Three deals are currently awaiting regulatory approval. Although entirely different in nature, all three have one thing in common: they must pass through the supervisory process....
https://knews.kathimerini.com.cy/en/business/half-the-xynisteri-crop-may-be-lost—but-your-bottle-should-not-cost-more
Cyprus’ most widely planted white grape variety, Xynisteri, is under attack from all sides this year. As a result, its price has soared just weeks before the harvest....
https://knews.kathimerini.com.cy/en/news/guards-and-cameras-proposed-to-tackle-misconduct-on-school-buses
The use of guards and cameras on school buses was among the measures discussed in Parliament as authorities and parents seek ways to tackle student misconduct on board vehicles carrying thousands of pupils across Cyprus....