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12° Nicosia,
28 October, 2026
 

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Displaying results 1-30 of 3642 matches for query financial.

1. Revolut outage reveals banks’ vulnerability to cloud service failures

https://knews.kathimerini.com.cy/en/business/revolut-outage-reveals-banks-vulnerability-to-cloud-service-failures

The disruption to Revolut services caused by a Google Cloud failure on October 20 has drawn attention to the reliance of everyday banking on external technology providers and the challenges financial institutions face when essential digital systems become unavailable....

2. Troodos asbestos mine among sites covered by €302,400 in public tenders

https://knews.kathimerini.com.cy/en/news/troodos-asbestos-mine-among-sites-covered-by-€302-400-in-public-tenders

Two public infrastructure contracts with a combined estimated value of €302,400 excluding VAT are now under evaluation following the closure of bidding on Tuesday, with works planned at the former Amiantos Mine and long-term maintenance of wastewater facilities at Troodos Camp....

3. Kronos deal is historic, but Cyprus may gain little, expert warns

https://knews.kathimerini.com.cy/en/news/kronos-deal-is-historic-but-cyprus-may-gain-little-expert-warns

Cyprus is closer than ever to exporting its own natural gas, but the financial benefits for the country could be much smaller than many hope, energy expert Charles Ellinas has warned....

4. GDP Growth Accelerates in Q2 on Strong Consumption and Investment

https://knews.kathimerini.com.cy/en/business/gdp-growth-accelerates-in-q2-on-strong-consumption-and-investment

Despite the deterioration in the global economic environment following the outbreak of the US-Iran war, the Cypriot economy remained resilient in Q2 2026, with GDP growth accelerating to 3.3%YoY, from 3.0%YoY in the previous quarter. ...

5. PwC Cyprus strengthens its leadership team with three new Partners

https://knews.kathimerini.com.cy/en/business/pwc-cyprus-strengthens-its-leadership-team-with-three-new-partners

PwC Cyprus announces that Michalis Zourides , Lambros Kyriakides and Panayiotis Hadjiconstantinou will join the firm's Partnership, assuming their roles as Partners effective 1 January 2027. ...

6. Cyprus among EU countries targeted by Russia-linked cyberattacks

https://knews.kathimerini.com.cy/en/news/cyprus-among-eu-countries-targeted-by-russia-linked-cyberattacks

Cyprus is among nine EU member states where cyberattacks or sabotage incidents linked to Russia have been reported, according to a new briefing by the European Parliamentary Research Service (EPRS), as European countries face increasing pressure from hostile activities that fall short of open warfare....

7. Heading to London? Oxford Street now belongs to pedestrians

https://knews.kathimerini.com.cy/en/news/heading-to-london-oxford-street-now-belongs-to-pedestrians

If your London shopping routine involves stepping off a bus on Oxford Street or hailing a black cab once the bags become too heavy, it is time to rethink the route....

8. Trouble in the financial shadows, is Cyprus ready?

https://knews.kathimerini.com.cy/en/business/trouble-in-the-financial-shadows-is-cyprus-ready

When inflation began to run out of control in the 1970s, a provision of the Glass-Steagall framework, then approaching its 40th anniversary, began to make its presence felt in the markets....

9. Europe’s Gen Z takes to the streets. Why is Cyprus so quiet?

https://knews.kathimerini.com.cy/en/life/europe-s-gen-z-takes-to-the-streets-why-is-cyprus-so-quiet

Gen Z uprisings in at least seven European countries have dominated international debate over the past week, drawing other age groups into mass demonstrations. ...

10. State saves €20 million a year on new hires’ starting pay

https://knews.kathimerini.com.cy/en/news/state-saves-€20-million-a-year-on-new-hires-starting-pay

The state saves €20.1 million annually by reducing entry-level pay scales for new civil service hires by 10%. The Finance Ministry has no intention of abolishing or revising the measure, which applies for 24 months....

11. Cypriots urged to donate blood as shortages delay transfusions and surgery

https://knews.kathimerini.com.cy/en/news/cypriots-urged-to-donate-blood-as-shortages-delay-transfusions-and-surgery

Cyprus is facing renewed pressure to secure enough blood for patients, with shortages forcing delays to transfusions and planned operations. MPs and patient representatives have called for urgent action, additional staffing and a national plan to ensure hospitals can meet demand....

12. Nexans sets 2028 target for Greece-Cyprus cable production restart

https://knews.kathimerini.com.cy/en/news/nexans-sets-2028-target-for-greece-cyprus-cable-production-restart

French cable manufacturer Nexans expects production of the submarine cable for the Great Sea Interconnector (GSI), the planned electricity link between Greece and Cyprus, to restart in 2028, while continuing to pursue other projects to keep its production facilities occupied....

13. Legal snag complicates Larnaca port and marina plans

https://knews.kathimerini.com.cy/en/news/legal-snag-complicates-larnaca-port-and-marina-plans

The government is seeking a legal solution to keep Larnaca’s port and marina redevelopment moving, after the Legal Service said the marina’s development must go to an open tender rather than be assigned directly to the Cyprus Ports Authority....

14. Maria Xenophontos Appointed Principal in Audit & Assurance and Member of the Board of K. Treppides & Co

https://knews.kathimerini.com.cy/en/business/maria-xenophontos-appointed-principal-in-audit-assurance-and-member-of-the-board-of-k-treppides-co

K. Treppides & Co Ltd is pleased to announce the appointment of Maria Xenophontos as Principal in the Audit and Assurance Department and Member of the Board of Directors, effective 1 October 2026. ...

15. When your AI assistant gets the keys to your bank account

https://knews.kathimerini.com.cy/en/news/when-your-ai-assistant-gets-the-keys-to-your-bank-account

Checking the balance, sorting the bills, finding where the salary went: There is plenty of household banking most people would happily leave to an assistant. But what happens when that assistant can act on your account and does something you never asked it to do?...

16. Social workers strike, warning paperwork is taking time from people in need

https://knews.kathimerini.com.cy/en/news/social-workers-strike-warning-paperwork-is-taking-time-from-people-in-need

For a family seeking urgent help or a child needing protection, time with a social worker matters. But the officers responsible for that support say too much of their working day is being swallowed by paperwork, extra duties and an ever-growing number of cases....

17. Cyprus presses EU to clarify mutual defense plans

https://knews.kathimerini.com.cy/en/news/cyprus-presses-eu-to-clarify-mutual-defense-plans

President Nikos Christodoulides has called on the European Union to resume discussions on its mutual defense commitments, warning that the bloc must be prepared to respond collectively to armed aggression against any member state....

18. Scholarship foundation still clearing 2019 applications

https://knews.kathimerini.com.cy/en/news/scholarship-foundation-still-clearing-2019-applications

The Cyprus State Scholarship Foundation continues to process applications that date back to 2019, according to its president, while facing staff shortages and missing resources following the transfer of responsibilities from the abolished Independent Social Support Body....

19. Rising fuel costs put pressure on Cyprus Airways ticket prices

https://knews.kathimerini.com.cy/en/business/rising-fuel-costs-put-pressure-on-cyprus-airways-ticket-prices

Cyprus Airways is preparing for a new phase of growth following a period of stabilization after the serious difficulties it faced in 2024. The airline is gradually changing its ownership structure, expanding its fleet, adding destinations and improving its services....

20. Indian Rupees transactions through Bank of Cyprus

https://knews.kathimerini.com.cy/en/business/indian-rupees-transactions-through-bank-of-cyprus

Transactions for businesses and individuals ...

21. iPhones stolen during French riots reportedly disabled and tracked

https://knews.kathimerini.com.cy/en/business/iphones-stolen-during-french-riots-reportedly-disabled-and-tracked

The stolen iPhone came with an unwelcome message: It had been disabled and was being tracked....

22. Cyprus pledges €25 million for power cable, stays silent on the rest

https://knews.kathimerini.com.cy/en/news/cyprus-pledges-€25-million-for-power-cable-stays-silent-on-the-rest

As the Cyprus–Crete electricity interconnector awaits a return to activity, the temporary suspension of survey work in 2014 helped ease tensions between Greece’s Independent Power Transmission Operator, ADMIE, and the Cypriot regulatory authorities, mainly over financial matters....

23. Cyprus nears €150 million deal for Israeli naval vessels and weapons

https://knews.kathimerini.com.cy/en/news/cyprus-nears-€150-million-deal-for-israeli-naval-vessels-and-weapons

Cyprus is close to a roughly €150 million agreement to buy Israeli naval vessels and weapons systems, a significant defense purchase for an island whose security interests extend from its coastline to its offshore energy resources....

24. John Christodoulou weighs presidential run, citing bills, wages and safety

https://knews.kathimerini.com.cy/en/news/john-christodoulou-weighs-presidential-run-citing-bills-wages-and-safety

Wages that fail to keep up with bills, families struggling to afford the basics and people feeling unsafe in their neighborhoods: businessman John Christodoulou says these are among the reasons he is seriously considering running for president....

25. Two Porsches, €10 in the bank and inherited water: Inside MPs’ finances

https://knews.kathimerini.com.cy/en/news/two-porsches-€10-in-the-bank-and-inherited-water-inside-mps-finances

A London apartment, €200,000 worth of furniture, bank accounts holding loose change and an inheritance of ''running water'' are among the standout details in MPs’ asset declarations....

26. More time to file your Cyprus tax return without extra charges

https://knews.kathimerini.com.cy/en/news/more-time-to-file-your-cyprus-tax-return-without-extra-charges

If your 2025 tax return is still sitting on your to-do list, there is some breathing room: Cyprus’ Tax Department says you can file and pay by Nov. 30, 2026, without interest or financial charges....

27. A decent salary, an empty account: Living from payday to payday

https://knews.kathimerini.com.cy/en/news/a-decent-salary-an-empty-account-living-from-payday-to-payday

Payday arrives, and for a moment, the bank balance looks reassuring. Then the bills start coming out....

28. Cyprus links €25 million GSI payment to Greek NAVTEX

https://knews.kathimerini.com.cy/en/business/cyprus-links-€25-million-gsi-payment-to-greek-navtex

Cyprus has linked its planned €25 million payment for the Great Sea Interconnector (GSI) to the Greek government issuing a NAVTEX before the end of October, Energy Minister Michalis Damianou said on Monday....

29. Aphrodite gas agreements expected to be signed in Egypt this week

https://knews.kathimerini.com.cy/en/news/aphrodite-gas-agreements-expected-to-be-signed-in-egypt-this-week

Getting Cyprus’ offshore gas out of the seabed and onto the market takes more than a pipeline. It also means agreeing who buys it, how it gets there and what financial rules apply....

30. The illusion of ''cheap fuel''

https://knews.kathimerini.com.cy/en/news/the-illusion-of-cheap-fuel

The political paradox is that the state funds a public transport system that has failed to become a sufficiently reliable alternative for much of the population....

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