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12° Nicosia,
09 November, 2026
 

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Displaying results 1-30 of 3677 matches for query financial.

1. Cyprus records 92% drop in irregular migration since 2022

https://knews.kathimerini.com.cy/en/news/cyprus-records-92-drop-in-irregular-migration-since-2022

Cyprus has recorded a 92% reduction in irregular migration flows since 2022, with sea arrivals brought to a halt and crossings along the Green Line sharply reduced, Deputy Minister of Migration Nikolas Ioannides told MPs on Monday....

2. Olga Vasilieva’s handbag found in clothing recycling bin

https://knews.kathimerini.com.cy/en/news/olga-vasilieva-s-handbag-found-in-clothing-recycling-bin

Police have recovered the handbag of 61-year-old Olga Vasilieva from a clothing recycling bin as investigators continue to piece together the circumstances surrounding her killing....

3. Lidl launches international Christmas campaign

https://knews.kathimerini.com.cy/en/business/lidl-launches-international-christmas-campaign

At the heart of this year's Christmas campaign is Niko the Nutcracker. As the figurehead of the campaign, he breaks free from his traditional role and invites everyone to rediscover the magic of enjoyment. With high quality, a wide variety of products and affordable prices, Lidl makes these special moments of enjoyment accessible to everyone. The campaign is complemented by a vegetarian Christmas menu and national donation initiatives, such as the Corporate Social Responsibility campaign supporting the Cyprus Anti-Cancer Society. ...

4. Bank of Cyprus introduces Cyprus’ first AI banking assistant.

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-introduces-cyprus-first-ai-banking-assistant

Bank of Cyprus has become the first bank in Cyprus to offer an AI banking assistant with the launch of DANAI, a new digital service that harnesses Artificial Intelligence to make everyday banking support even simpler and more immediate. Through the Bank’s Mobile App, customers can quickly receive answers to everyday banking questions at any time of the day. ...

5. Fitch upgrades Cyprus to ‘A’ on strength of public finances

https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-‘a-on-strength-of-public-finances

Cyprus has received another credit rating upgrade, with Fitch Ratings raising the country’s long-term rating from ‘A-’ to ‘A’, citing strong public finances, falling debt levels and continued economic growth....

6. GSI's final cost remains unclear

https://knews.kathimerini.com.cy/en/news/gsi-s-final-cost-remains-unclear

The Great Sea Interconnector (GSI) still lacks a reliable final cost estimate and a firm timetable for completing its assessment, as the European Investment Bank awaits clarification of crucial technical, financial and contractual details....

7. Cyprus falls behind in the race to become a regional trade hub

https://knews.kathimerini.com.cy/en/business/cyprus-falls-behind-in-the-race-to-become-a-regional-trade-hub

Cyprus’ ambition to become a regional trade hub is running up against reality. Its strategic location offers clear advantages, but turning those advantages into a competitive trading center remains a distant prospect....

8. How Democrats won ground in rural America and took Congress

https://knews.kathimerini.com.cy/en/news/how-democrats-won-ground-in-rural-america-and-took-congress

Kirsten is from Seattle, has lived in Cyprus for many years and goes back to the United States at least once a year to visit family. She voted from Cyprus in Tuesday’s midterms,...

9. Ancient sanctuary and settlement uncovered in Nicosia district

https://knews.kathimerini.com.cy/en/news/ancient-sanctuary-and-settlement-uncovered-in-nicosia-district

Archaeological investigations in the Peristerona River valley have identified evidence of an Iron Age sanctuary and a settlement linked to copper production, offering new insight into the area's history during antiquity....

10. Cyprus’s external gap widens as growth holds up

https://knews.kathimerini.com.cy/en/business/cyprus-s-external-gap-widens-as-growth-holds-up

Cyprus’s economy continues to expand, but the widening imbalance in its external accounts deserves closer attention. The current account records earnings and payments between Cyprus and the rest of the world, covering trade, investment income and transfers (e.g., from the European Commission). The Central Bank of Cyprus’s revised figures put the 2025 deficit at 8.8% of GDP, compared with 6.4% previously reported (Figure 1). By contrast, the 2024 deficit was revised to 5.5% of GDP, down from 8.2% previously reported. These changes show that the gap widened in 2025, reversing the earlier picture of improvement. Figures for the first six months of 2026 show further pressure. ...

11. Hotel demolition in Lapithos opens new search for Cyprus' missing

https://knews.kathimerini.com.cy/en/news/hotel-demolition-in-lapithos-opens-new-search-for-cyprus-missing

Nearly four decades after a worker reported finding human remains beneath a hotel under construction in Lapithos, archaeologists are watching the unfinished building come down. ...

12. Cyprus’ ‘FBI’ arrests 26 in nationwide drug operation (video)

https://knews.kathimerini.com.cy/en/news/cyprus-‘fbi-arrests-26-in-nationwide-drug-operation-video

Cyprus’ new organized crime unit arrested 26 people Thursday in a nationwide operation targeting a suspected drug trafficking network and the money police believe helped keep it running....

13. EU and UK near deal to cut university tuition fees for European students

https://knews.kathimerini.com.cy/en/news/eu-and-uk-near-deal-to-cut-university-tuition-fees-for-european-students

European students could soon pay less to study at universities in the United Kingdom, as the EU and British government approach an agreement on tuition fees that increased significantly following Brexit....

14. Cyprus banks must hold extra capital to continue lending in a crisis

https://knews.kathimerini.com.cy/en/news/cyprus-banks-must-hold-extra-capital-to-continue-lending-in-a-crisis

Markets are volatile, the war in the Middle East shows no sign of ending, and inflation continues to rise. The energy crisis is deepening concerns, while the prices of goods and fuel remain high. ...

15. Freedom24 plans Geneva office for Q1 2027, deepening ties with Swiss finance and research

https://knews.kathimerini.com.cy/en/business/freedom24-plans-geneva-office-for-q1-2027-deepening-ties-with-swiss-finance-and-research

Geneva combines international finance, wealth management and institutional trust with access to world-class research and innovation. Freedom24 sees opportunities to connect its digital financial expertise and the group’s technological capabilities with Switzerland’s financial and scientific ecosystem. ...

16. Cyprus shoppers bought more in September, then grew less confident

https://knews.kathimerini.com.cy/en/news/cyprus-shoppers-bought-more-in-september-then-grew-less-confident

Drivers in Cyprus spent 29.3% more on fuel in September than they did a year earlier, even though they bought slightly less of it. At clothing and shoe shops, the picture was different. Sales rose 22.5% after adjusting for price changes....

17. More than €1 billion spent on measures to curb rising prices since 2023

https://knews.kathimerini.com.cy/en/business/more-than-€1-billion-spent-on-measures-to-curb-rising-prices-since-2023

The Government has allocated more than €1 billion since 2023 to help households cope with rising living costs, Finance Minister Makis Keravnos said, pointing to five support packages introduced in response to imported inflation and the energy crisis....

18. Life lessons you wish you’d known at 20

https://knews.kathimerini.com.cy/en/life/life-lessons-you-wish-you-d-known-at-20

These are the life lessons most people only learn the hard way by their forties. Knowing them earlier can change how you handle responsibility, relationships, self-worth, and the slow work of building a life that actually feels good....

19. Cyprus developers oversee €8bn portfolio as efforts to attract US investors gather pace

https://knews.kathimerini.com.cy/en/business/cyprus-developers-oversee-€8bn-portfolio-as-efforts-to-attract-us-investors-gather-pace

Cyprus is stepping up efforts to attract American investment as developers oversee projects worth more than €8bn across the island. The Government's plans come alongside calls from the construction sector for faster approvals, regulatory improvements and more affordable housing....

20. UK fee cut could put British universities back within reach for Cypriots

https://knews.kathimerini.com.cy/en/news/uk-fee-cut-could-put-british-universities-back-within-reach-for-cypriots

For Cypriot families who crossed British universities off the list after Brexit, a proposal being discussed in London could offer a reason to look again....

21. Limassol AI avatar company seeks investors to expand abroad

https://knews.kathimerini.com.cy/en/business/limassol-ai-avatar-company-seeks-investors-to-expand-abroad

The next time you ask a question at a touchscreen kiosk, the answer could come from a digital character that speaks back—powered by technology from a Limassol company....

22. Second suspected cyberattack hits supermarket fridges across Europe

https://knews.kathimerini.com.cy/en/news/second-suspected-cyberattack-hits-supermarket-fridges-across-europe

The next major cyberattack may reach shoppers through the chilled-food aisle. Supermarkets in Sweden, Belgium and Luxembourg have reported refrigerators and freezers warming overnight, raising fears of a second widespread attack on the systems that keep food safe, according to the Guardian....

23. Nicosia offers up to €150,000 for voluntary early retirement

https://knews.kathimerini.com.cy/en/news/nicosia-offers-up-to-€150-000-for-voluntary-early-retirement

Nicosia Municipality has announced a voluntary early retirement scheme aimed at reducing its fixed costs. The scheme allows for the departure of up to 25 employees, covering both permanent staff and those on indefinite-term contracts....

24. Man confesses to killing missing 61-year-old woman as search for her body continues

https://knews.kathimerini.com.cy/en/news/man-confesses-to-killing-missing-61-year-old-woman-as-search-for-her-body-continues

A 43-year-old Syrian man has confessed to killing 61-year-old Olga Vasilieva, according to police sources, as investigators continue efforts to locate her body in the mountainous areas of Limassol....

25. Cypriots keep travelling despite rising airfares

https://knews.kathimerini.com.cy/en/news/cypriots-keep-travelling-despite-rising-airfares

Cypriots’ appetite for travel remains undiminished despite rising airfares. Ticket prices have already increased, but—for now, at least—people are not cutting back on trips abroad....

26. Kronos: The offshore underdog that became the front-runner

https://knews.kathimerini.com.cy/en/news/kronos-the-offshore-underdog-that-became-the-front-runner

Fifteen years after the first discovery of substantial hydrocarbon reserves in Cyprus’ exclusive economic zone, the Republic of Cyprus and Italian energy company Eni have taken their most significant step toward bringing the island into the ranks of energy-producing countries....

27. What’s keeping Michelin stars off the menu in Cyprus?

https://knews.kathimerini.com.cy/en/news/what-s-keeping-michelin-stars-off-the-menu-in-cyprus

What would it take for restaurants in Cyprus to be considered for a Michelin star? Or, for that matter, for Cyprus to earn a place in the Guide at all?...

28. Binance halts withdrawals after $6.3 billion crypto attack

https://knews.kathimerini.com.cy/en/business/binance-halts-withdrawals-after-$6-3-billion-crypto-attack

Customers of cryptocurrency exchange Binance face a wait to withdraw their money after a cyberattack affected an estimated $6.3 billion in digital assets, potentially making it the largest cryptocurrency theft on record....

29. Energy prices jump 21% in September putting households under pressure

https://knews.kathimerini.com.cy/en/news/energy-prices-jump-21-in-september-putting-households-under-pressure

Energy prices in Cyprus rose 21% in September compared with a year earlier, putting pressure on household budgets as inflation on the island outpaced the euro-area average....

30. Eurobank profits climb as Cyprus delivers nearly a third of earnings

https://knews.kathimerini.com.cy/en/business/eurobank-profits-climb-as-cyprus-delivers-nearly-a-third-of-earnings

Eurobank’s profits rose in the first nine months of 2026, with Cyprus providing nearly a third of the group’s adjusted earnings, even though profits from its operations on the island fell slightly....

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