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12° Nicosia,
04 August, 2026
 

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Displaying results 1-30 of 3454 matches for query financial.

1. 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. ...

2. Bank of Cyprus profits climb to €252 million as loans and deposits grow

https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-profits-climb-to-€252-million-as-loans-and-deposits-grow

Bank of Cyprus made €252 million in after-tax profit during the first six months of 2026, marking a 7% increase from the same period last year....

3. Former energy minister blames EAC and CERA for Cyprus power shortages

https://knews.kathimerini.com.cy/en/news/former-energy-minister-blames-eac-and-cera-for-cyprus-power-shortages

Speaking to Kathimerini Cyprus, the former Energy Minister notes that he expected far more political backing on energy matters, suggesting that his efforts to cap the sale price of renewable energy ruffled a few feathers....

4. Driver photographs suspected arsonist, then stops Kornos fire herself

https://knews.kathimerini.com.cy/en/news/driver-photographs-suspected-arsonist-then-stops-kornos-fire-herself

A quick-thinking driver may have given police their best lead in the search for a suspected arsonist after she allegedly saw someone deliberately start a fire near Kornos on Sunday afternoon....

5. Court allows father accused over child’s death to return to UK for funeral

https://knews.kathimerini.com.cy/en/news/court-allows-father-accused-over-child-s-death-to-return-to-uk-for-funeral

A British father facing criminal charges over the death of his 3-year-old child will be allowed to leave Cyprus temporarily so he can attend the child’s funeral in the United Kingdom....

6. €156 million and still ''suffocating''? Minister tells municipalities to explain

https://knews.kathimerini.com.cy/en/news/€156-million-and-still-suffocating-minister-tells-municipalities-to-explain

If government funding for municipalities rose from €70 million to €117 million, why are local authorities now saying they cannot breathe financially?...

7. 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....

8. Crypto firms face tougher rules with MiCA taking full effect in Cyprus

https://knews.kathimerini.com.cy/en/business/crypto-firms-face-tougher-rules-with-mica-taking-full-effect-in-cyprus

The end of the transition period brings stricter oversight of anti-money laundering compliance, customer protection, and the operations of crypto service providers....

9. Cyprus is betting big on Egypt, then a drone struck one of its key energy ports

https://knews.kathimerini.com.cy/en/news/cyprus-is-betting-big-on-egypt-then-a-drone-struck-one-of-its-key-energy-ports

Cyprus is investing billions in becoming a gas exporter, but that future depends on regional stability, and that stability is looking increasingly fragile....

10. 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....

11. €108 million second phase of Paphos-Polis motorway edges closer to tender

https://knews.kathimerini.com.cy/en/news/€108-million-second-phase-of-paphos-polis-motorway-edges-closer-to-tender

Thursday's meeting in Paphos, chaired by Transport, Communications and Works Minister Alexis Vafeades, aimed to bring together and coordinate all the authorities involved in the tender process for the construction of the second phase of the Paphos–Polis Chrysochous motorway....

12. Bank of Cyprus was named winner of Cyprus’ Best Digital Bank at the Euromoney Awards for Excellence 2026

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-was-named-winner-of-cyprus-best-digital-bank-at-the-euromoney-awards-for-excellence-2026

Bank of Cyprus was named winner of Cyprus’ Best Digital Bank at the Euromoney Awards for Excellence 2026. The evaluation period ran from 1 January 2025 to 31 December 2025....

13. Local businessman arrested in alleged property fraud and money laundering case

https://knews.kathimerini.com.cy/en/news/local-businessman-arrested-in-alleged-property-fraud-and-money-laundering-case

A 62-year-old businessman from Larnaca has been arrested as part of a major police investigation into an alleged web of property fraud, forged documents, and money laundering....

14. Cypriot & Greek stocks now available on the Wealthyhood x BoC app

https://knews.kathimerini.com.cy/en/business/cypriot-greek-stocks-now-available-on-the-wealthyhood-x-boc-app

Wealthyhood X BoC has officially launched Cypriot and Greek stocks on its platform, placing the Cyprus Stock Exchange and Euronext Athens front and centre for retail investors across Cyprus, Greece and Europe....

15. Applications open for 2026 residential solar water heating grant

https://knews.kathimerini.com.cy/en/news/applications-open-for-2026-residential-solar-water-heating-grant

Homeowners can now apply for government grants to install or replace solar water heating systems under the 2026 Residential Solar Water Heating Systems Grant Scheme, with funding available until 2,000 applications have been submitted across its two categories....

16. From Chatbots to Co-Workers: Why companies struggle to capture the value

https://knews.kathimerini.com.cy/en/business/from-chatbots-to-co-workers-why-companies-struggle-to-capture-the-value

The leaders are pulling away on cost, on growth, on margin. The gap is not a technology gap, it is an operating-model gap. Three failures explain the gap, and the leaders have designed around all three....

17. Timur Turlov announces candidacy for FIDE President

https://knews.kathimerini.com.cy/en/business/timur-turlov-announces-candidacy-for-fide-president

Timur Turlov, CEO of Freedom Holding Corp. and President of the Kazakhstan Chess Federation, has announced that he will run for President of the International Chess Federation (FIDE). The leadership elections will take place on 26 and 27 September 2026 in Samarkand, during the organisation's General Assembly and alongside the 46th World Chess Olympiad....

18. 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....

19. Bank of Cyprus named Best Sub-Custodian Bank in Cyprus 2026 by Global Finance

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-named-best-sub-custodian-bank-in-cyprus-2026-by-global-finance

Bank of Cyprus has been named “Best Sub-Custodian Bank in Cyprus 2026” by Global Finance, one of the world’s leading international financial publications, reaffirming the Bank’s strong position in custody and post-trade services in the Cyprus market....

20. 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....

21. New bidding system reshapes Turkish Cypriot property management

https://knews.kathimerini.com.cy/en/news/new-bidding-system-reshapes-turkish-cypriot-property-management

A new chapter in the management of Turkish Cypriot properties has begun with the implementation of the reform introducing competitive bidding procedures, which has been in progress since last February. In her interview with "K", the Director of the Service, Anthi Lakkotrypi, described it as a major reform....

22. 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....

23. Dubai offers residents up to €700 for bringing foreign visitors

https://knews.kathimerini.com.cy/en/business/dubai-offers-residents-up-to-€700-for-bringing-foreign-visitors

Dubai has launched a new incentive programme encouraging residents to invite friends and relatives from overseas, offering rewards worth more than 3,000 dirhams (€716) as the emirate seeks to strengthen international tourism following months of regional instability....

24. Water Development Department says reclaimed water use is higher than reported

https://knews.kathimerini.com.cy/en/news/water-development-department-says-reclaimed-water-use-is-higher-than-reported

A report by Apostolos Tomaras in Kathimerini examined a long-standing issue concerning the use of treated wastewater across Cyprus. The topic has returned to the forefront of public debate in recent months due to declining water supplies for both drinking water and irrigation....

25. Court orders €164,585 asset confiscation in Limassol drug trafficking case

https://knews.kathimerini.com.cy/en/news/court-orders-€164-585-asset-confiscation-in-limassol-drug-trafficking-case

A Limassol criminal court has ordered the confiscation of assets worth €164,585 following the conclusion of financial investigations linked to a major drug trafficking case....

26. The €150,000 education bill: The rising cost of sending a child to private school in Cyprus

https://knews.kathimerini.com.cy/en/news/the-€150-000-education-bill-the-rising-cost-of-sending-a-child-to-private-school-in-cyprus

Inflationary pressures caused by geopolitical developments affecting the region have not spared Cyprus’ private education sector....

27. Supreme Court deals major blow to prosecutors in Tziapoura case

https://knews.kathimerini.com.cy/en/news/supreme-court-deals-major-blow-to-prosecutors-in-tziapoura-case

One of Cyprus' most closely watched criminal investigations has hit a major legal setback after the Supreme Court rejected an appeal by the attorney general, ruling that police did not have enough evidence to justify searching two bank safety deposit boxes belonging to jeweler Natalie Tziapoura....

28. Turkey still fails to meet legal requirements for return to F-35 program, US says

https://knews.kathimerini.com.cy/en/news/turkey-still-fails-to-meet-legal-requirements-for-return-to-f-35-program-us-says

Turkey has not yet fulfilled the legal requirements necessary to rejoin the F-35 program, the US Department of State makes clear in a letter to Congress dated July 22, 2026, obtained by Kathimerini Greece....

29. Cyprus households can get up to €900 to replace old solar water heaters

https://knews.kathimerini.com.cy/en/news/cyprus-households-can-get-up-to-€900-to-replace-old-solar-water-heaters

Cyprus households will soon have another incentive to reduce their energy costs, with the government approving a new subsidy scheme offering up to €900 for the installation or replacement of solar hot water systems....

30. 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. ...

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