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12° Nicosia,
19 September, 2026
 

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Displaying results 1-30 of 3557 matches for query financial.

1. Cyprus rejects three EU revenue proposals as Nicosia draws red lines over EU funding plans

https://knews.kathimerini.com.cy/en/business/cyprus-rejects-three-eu-revenue-proposals-as-nicosia-draws-red-lines-over-eu-funding-plans

Nicosia drew its red lines during a particularly divisive discussion among the 27 member states, which focused on both the size and composition of the EU’s “New Own Resources” (NORs), meaning the new revenue sources the European Union is proposing to use to finance the 2028-2034 European budget while partially reducing its reliance on direct contributions from member states....

2. Global LNG prices up 150% while Cyprus’ terminal remains unfinished

https://knews.kathimerini.com.cy/en/news/global-lng-prices-up-150-while-cyprus-terminal-remains-unfinished

Europe is scrambling to secure enough natural gas for winter, with global prices soaring as supplies from Qatar remain trapped behind one of the world’s most dangerous shipping bottlenecks....

3. Cyprus firms face tougher checks on business with Greece

https://knews.kathimerini.com.cy/en/news/cyprus-firms-face-tougher-checks-on-business-with-greece

Cyprus has been included on a 42-country list that will bring certain transactions with Greek businesses under closer tax scrutiny. But the decision does not mean Greece has accused Cyprus, or every company based here, of tax evasion....

4. Revolut data breach puts Cyprus users on scam alert

https://knews.kathimerini.com.cy/en/news/revolut-data-breach-puts-cyprus-users-on-scam-alert

Revolut has suffered a data breach after fraudsters posing as government officials tricked the financial technology company into releasing sensitive customer information....

5. Hospitals, schools and beaches avoid strike disruption...for now

https://knews.kathimerini.com.cy/en/news/hospitals-schools-and-beaches-avoid-strike-disruption-for-now

If you had a hospital appointment, children at school, business at a government department, or plans for a final September swim, Thursday came with one less headache....

6. Pension reform hits resistance as workers ask: Who pays the bill?

https://knews.kathimerini.com.cy/en/news/pension-reform-hits-resistance-as-workers-ask-who-pays-the-bill

Cyprus’ long-awaited pension reform is running into resistance, with workers’ unions warning that some of the most important questions remain unanswered: Will employees have to pay more? Will future pensioners receive enough to live on? And who will ultimately pick up the bill?...

7. Cyprus cannot afford another pension reform fiasco

https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-cannot-afford-another-pension-reform-fiasco

When the government decides to introduce a new pension system almost half a century after the major reform of 1980, it has a duty to get it right, not design it around other considerations. And let us not forget that elections are approaching....

8. Finance Ministry puts hourly workers’ demands at €50m as strike looms

https://knews.kathimerini.com.cy/en/business/finance-ministry-puts-hourly-workers-demands-at-€50m-as-strike-looms

The Finance Ministry has put the total cost of the demands submitted by unions representing hourly-paid workers at around €50 million over the three-year period of the proposed agreement, as a strike remains scheduled for Thursday, September 17....

9. Budget stays in surplus as war and rising prices squeeze the economy

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....

10. Carney urges Cyprus and nine EU states to ratify Canada trade deal

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....

11. China and Cyprus celebrate a friendship built across the miles

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....

12. Former Cyprus minister didn't declare €2.4 million of his assets as required

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....

13. Cyprus has reached the moment of truth with Turkey

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.''...

14. Same government building, €23 million more: What changed?

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....

15. Cyprus presses on with four desalination plants

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....

16. The cost of pension reform

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....

17. Bad loans weigh heavily on the courts

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....

18. Government chaos over the power cable

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....

19. EU commits €34m to Turkish Cypriot community with focus on trade and reunification

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....

20. Houthis used Claude AI to help build missile guidance systems

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....

21. From Chatbots to Co-Workers

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. ...

22. The hidden business selling youth for thousands

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....

23. ECB raises rates again as Cyprus households face costlier loans

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....

24. The BoC Fintech Hackathon 7.0 is here! | Build The Future!

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. ...

25. Cabinet approves new appointments across key state bodies

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....

26. Build your home on state land at 25% of its value, do you qualify?

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....

27. GSI: Inside President Christodoulides’ mind

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...

28. Cyprus patient misses transplant after no flight could be found

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....

29. Paphos was promised 72 new buses, two years later, it has just 32 (images)

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....

30. UK bans trade with ‘settler terrorists’, accuses them of ethnic cleansing

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....

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