https://knews.kathimerini.com.cy/en/business/most-households-in-cyprus-say-they-re-struggling-to-get-by
A large majority of households in Cyprus are dealing with financial strain, according to a 2026 consumer behavior survey....
https://knews.kathimerini.com.cy/en/business/eu-faces-€459-billion-budget-gap-while-member-states-clash-over-spending-priorities
The European Commission has placed the 27 member states before what it calls a “fiscal trilemma,” centered on the new European budget under discussion for the seven-year period 2028–2034, which is dividing partners during the energy crisis....
https://knews.kathimerini.com.cy/en/news/cyprus-legal-service-exposed-over-€26-million-in-uncollected-court-debts
A newly released audit of Cyprus’s Legal Service for 2023–2024 describes serious inefficiencies in how court-awarded fines and costs are handled, with tens of millions of euros remaining unpaid and systemic weaknesses affecting oversight and enforcement....
https://knews.kathimerini.com.cy/en/news/audit-finds-major-flaws-in-cyprus-welfare-benefit-system
A recent report by the Audit Office has revealed significant weaknesses in how social benefits were administered by the Deputy Ministry of Social Welfare during 2022 and 2023. ...
https://knews.kathimerini.com.cy/en/business/cyprus-tax-key-dates-2026-a-practical-guide-for-businesses-and-individuals
Staying on top of tax obligations in Cyprus requires careful planning and timely action, particularly within an evolving regulatory environment....
https://knews.kathimerini.com.cy/en/news/government-approves-€250-easter-support-for-low-income-pensioners
The government has decided to provide a one-off Easter payment to pensioners with limited income as part of its broader effort to support vulnerable groups....
https://knews.kathimerini.com.cy/en/news/cyprus-remains-a-key-gateway-as-europe-s-‘golden-visa-landscape-shifts
As several European countries tighten or scrap their so-called “golden visa” schemes, Cyprus is emerging as one of the most stable and accessible options for investors seeking residency within the EU....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-wins-two-high-profile-awards-in-euromoney-s-private-banking-awards-2026-for-the-second-consecutive-year
Bank of Cyprus has been named the Best Private Bank in Cyprus and the Best for High-Net-Worth (HNW) individuals in Cyprus by Euromoney in its Private Banking Awards 2026 after winning these awards in 2025....
https://knews.kathimerini.com.cy/en/news/after-10-years-of-debate-cyprus-passes-historic-dog-law
For years, the story repeated itself across Cyprus: abandoned dogs wandering highways, overcrowded shelters pleading for help on social media and volunteers stepping in where systems fell short. Animal welfare groups protested, municipalities struggled and lawmakers argued, often without resolution....
https://knews.kathimerini.com.cy/en/news/health-insurance-organization-overpaid-€150-million-in-duplicate-claims
An extraordinary case involving tens of millions of euros being drained from the HIO fund has been brought to light by “K.” At a time when middle- and low-income households are struggling with rising costs and widening inequality, which carries serious social consequences, officials within the HIO appear to have wasted vast sums of money. ...
https://knews.kathimerini.com.cy/en/news/cyprus-urged-to-prepare-for-economic-fallout-from-iran-tensions
Cyprus may soon start feeling the economic fallout from rising tensions involving Iran, with the country’s Fiscal Council warning that global developments could translate into higher prices and fresh pressure on households and businesses at home....
https://knews.kathimerini.com.cy/en/news/uae-offers-flexibility-to-expats-on-tax-residency-amid-iran-conflict
The United Arab Emirates is signaling a softer approach for expats worried about losing their tax residency, as the Iran conflict continues to disrupt travel and business in the Gulf....
https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-profits-tumble-in-2025
Cypriot banks saw their profits shrink in 2025 compared with the previous year, largely due to a smaller contribution from net interest income....
https://knews.kathimerini.com.cy/en/news/government-rethinks-12-pension-cut-as-reform-talks-heat-up
The government is taking a fresh look at the controversial 12% pension cut, a move that could directly affect thousands of future retirees, as negotiations over Cyprus’ long-awaited pension reform continue....
https://knews.kathimerini.com.cy/en/business/boc-eyes-strategic-acquisitions-in-insurance-asset-management-and-fintech
Bank of Cyprus says it is keeping a close watch for potential acquisitions that could add value to the group, focusing on three main areas: insurance, asset management and fintech....
https://knews.kathimerini.com.cy/en/news/parliament-bans-age-discrimination-in-vehicle-insurance
Cyprus’ House of Representatives has approved new legislation aimed at preventing insurance companies from refusing vehicle coverage solely on the basis of a driver’s age. ...
https://knews.kathimerini.com.cy/en/news/foot-and-mouth-crisis-deepens-and-questions-mount-over-early-response
A week into Cyprus’ foot-and-mouth disease crisis, frustration is rising, and so are the questions....
https://knews.kathimerini.com.cy/en/news/trump-delivers-longest-state-of-the-union-in-us-history
President Donald Trump set a record Tuesday night, delivering the longest State of the Union address in U.S. history....
https://knews.kathimerini.com.cy/en/news/tensions-in-parliament-boil-over-tell-us-since-you-know-better-what-would-you-have-done
Parliament’s Agriculture Committee convened in emergency session today as Cyprus races to contain the outbreak of foot-and-mouth disease....
https://knews.kathimerini.com.cy/en/business/cyprus-executes-most-of-2025-budget-as-revenues-trail-borrowing-drop
Cyprus carried out most of its 2025 state budget as planned, according to a Treasury report released Tuesday. The government collected about 87% of the revenue it had budgeted and spent roughly 92% of what it had planned....
https://knews.kathimerini.com.cy/en/news/ex-cyprus-football-chief-faces-25-charges-including-conflict-of-interest-and-money-laundering
Former president of the Cyprus Football Association (Georgos Koumas) is facing a staggering 25 charges, spanning conflicts of interest, incompatibility with office, and money laundering, tied to activities dating from 2017 through June 2025....
https://knews.kathimerini.com.cy/en/news/couple-says-they-feel-abandoned-as-disability-rent-and-cuts-push-them-into-squalor
A disabled woman and her husband say they are trapped in degrading living conditions without running water, struggling to survive on a tight income while waiting for help they say never comes, the latest case raising questions about whether the state safety net is failing the people it was built to protect....
https://knews.kathimerini.com.cy/en/news/16-years-for-one-case-audit-exposes-shocking-delays-in-land-department
Serious systemic problems are undermining how state land is managed and how property rights are protected, according to a new special report by the Audit Office of Cyprus examining the Department of Lands and Surveys....
https://knews.kathimerini.com.cy/en/comment/opinion/when-your-salary-lasts-for-only-18-days
In 1984, with Margaret Thatcher as British prime minister, a newly elected Tory MP, Matthew Parris, conducted a Thatcherite-inspired experiment....
https://knews.kathimerini.com.cy/en/news/justice-minister-vows-crackdown-on-crime-bosses-says-cyprus-‘following-the-money
In a wide-ranging interview that read at times like a warning shot to the underworld, Cyprus’ justice minister says authorities know exactly who the country’s crime bosses are, and they’re closing in....
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-$1-7-billion-in-revenue-for-9-months-of-fy2026
Freedom Holding Corp., the parent company of Freedom24, has announced its financial results for the third quarter of fiscal year 2026, which ended on December 31, 2025. For the third quarter and nine-month period ended December 31, 2025, Freedom Holding Corp. delivered resilient operating results across its diversified financial services businesses....
https://knews.kathimerini.com.cy/en/business/paphos-surpasses-limassol-in-luxury-prices-signaling-shift-in-cyprus-property-power
Cyprus’ new-build property market closed the first 10 months of 2025 on a strong note, with Limassol once again emerging as the undisputed heavyweight in both value and activity....
https://knews.kathimerini.com.cy/en/news/ai-factory-schengen-push-and-gas-deal-with-israel-christodoulides-unveils-55-point-plan-in-state-of-the-union-address
President Nikos Christodoulides on Thursday evening presented the government’s Official Planning for 2026, described as the “State of the Union 2026”, from the Presidential Palace, outlining more than 55 initiatives across all sectors....
https://knews.kathimerini.com.cy/en/business/cyprus-welcomed-4-5-million-tourists-in-2025-most-ever-in-a-single-year
Cyprus welcomed a record-breaking 4.53 million visitors in 2025, marking the most successful year in the island’s tourism history. ...
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-establishes-a-14th-salary-providing-a-summer-leave-allowance-for-its-people
Lidl Cyprus confirms its steady commitment to supporting and rewarding its people with benefits totaling €1 million, while simultaneously establishing a 14th salary for all its employees. This new benefit - the summer leave allowance - which will be paid in June and will be equivalent to half a month's salary, comes in addition to the Easter and Christmas bonuses that the company has been providing to its entire team for years....
