https://knews.kathimerini.com.cy/en/news/coming-elections-put-banks-back-in-the-spotlight
Cyprus’ banks have reported strong profits since 2022. Although that momentum slowed during 2025, the European Central Bank’s interest rate increases in 2026, introduced in response to renewed inflationary pressures, are expected to give earnings another boost....
https://knews.kathimerini.com.cy/en/news/banks-in-the-occupied-areas-combine-high-growth-with-serious-risks
Recent regulatory shifts and reduced state reliance have reshaped the banking system in the occupied areas, though inflation topping 30% continues to drive major financial pressures....
https://knews.kathimerini.com.cy/en/news/nikos-christodoulides-expectation-vs-result
If the President decides to run for a second term, as all signs suggest he will, he cannot go back to voters in 2028 relying on the same sense of promise that brought him to power in 2023. By 2028, he will need concrete results, measured directly against his initial campaign promises....
https://knews.kathimerini.com.cy/en/business/limassol-hotels-reach-90-occupancy-in-august
Hotels in Limassol are recording strong demand in August, with occupancy at around 90% and bookings now broadly matching the levels seen during the same month last year....
https://knews.kathimerini.com.cy/en/business/1-freedom-holding-corp-reports-40-revenue-growth-in-q1-fy2027
Freedom Holding Corp. (Nasdaq: FRHC), the parent company of Freedom24, has announced its financial results for the first quarter of fiscal year 2027, covering the three months ended June 30, 2026. The company reported total net revenue of $732.5 million, up 40% year on year from $524.0 million in the same period last year....
https://knews.kathimerini.com.cy/en/business/the-rising-and-falling-cost-of-everyday-essentials
An uneven picture has emerged on supermarket shelves since the beginning of the year, with some products recording increases of up to 30%, while other basic products have become cheaper. ...
https://knews.kathimerini.com.cy/en/news/what-could-change-for-your-pensions-with-the-new-reform
The finishing touches are being put on the pension reform bill today. Labour Minister Marinos Mousiouttas is presenting the proposed measures to Finance Minister Makis Keravnos, with the aim of securing final approval and assessing their impact on public finances....
https://knews.kathimerini.com.cy/en/news/a-mountain-break-for-less-who-qualifies-for-cyprus-holiday-subsidy
For many families and pensioners in Cyprus, even a few nights away can be difficult to afford. Hotel prices, meals, and transport quickly add up, especially when household budgets are already stretched....
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....
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....
https://knews.kathimerini.com.cy/en/business/hotels-may-be-busy-but-cyprus-is-earning-far-less-from-tourism
The beaches are busy, hotel pools are full, and flights continue to arrive, but Cyprus' tourism industry is earning significantly less money than it did this time last year....
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....
https://knews.kathimerini.com.cy/en/news/where-is-cyprus-spending-your-money-€412-million-poured-into-projects-in-six-months
Cyprus recorded an increase in state development spending during the first half of 2026, according to a report by the Treasury on the implementation of the state budget....
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....
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. ...
https://knews.kathimerini.com.cy/en/news/families-have-few-choices-as-elderly-people-with-mental-illnesses-enter-care-homes
When V.'s father was diagnosed with psychosis and dementia, his family had nowhere else to turn. Unable to care for him at home and with no specialist residential facilities available, they placed him in an elderly care home, a situation experts say is becoming increasingly common in Cyprus....
https://knews.kathimerini.com.cy/en/news/race-against-time-for-cyprus-missing-as-witnesses-age-and-archives-remain-closed
Efforts to locate and identify individuals who vanished during past intercommunal violence and the 1974 invasion face an increasingly difficult timeline. Officials reported this week that vital eyewitness testimonies are rapidly disappearing as elderly sources pass away....
https://knews.kathimerini.com.cy/en/business/landmark-pension-reform-eyes-january-2027-rollout-with-hikes-up-to-55
A major overhaul of the Cypriot pension system is moving into its final legislative phases, promising tiered increases for all retirees when it takes effect on January 1, 2027....
https://knews.kathimerini.com.cy/en/news/how-to-find-out-if-the-government-owes-you-money
The online questionnaire, available at "Find benefits you may qualify for", simplifies the process of identifying financial support by filtering through dozens of state programs based on a user's personal circumstances....
https://knews.kathimerini.com.cy/en/business/business-lending-loses-momentum-because-of-the-middle-east-conflict
Bank lending in Cyprus had been on a strong upward trend for the past year and a half, but the war involving the United States, Israel, and Iran brought that pace to a stop. As a result, forecasts of slower credit growth were confirmed in March, even though Cyprus continues to perform well economically....
https://knews.kathimerini.com.cy/en/business/cyprus-climbs-the-global-competitiveness-rankings
Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....
https://knews.kathimerini.com.cy/en/news/when-the-numbers-look-good-but-life-doesn-t-feel-it
Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....
https://knews.kathimerini.com.cy/en/business/banks-contributed-€427-million-in-cyprus-in-2025
The opposition is once again reopening the issue of additional taxation on banks in Cyprus, an issue which the previous Parliament had indeed opened but ultimately failed to pass. ...
https://knews.kathimerini.com.cy/en/comment/opinion/limited-liability-pension-reform
The government's focus for the rest of the year will be low pensions. The government's plan is to grant pension increases to all retirees, regardless of income level, following the same approach adopted in the tax reform....
https://knews.kathimerini.com.cy/en/news/your-pension-is-changing-but-you-ll-still-retire-at-the-same-age
Labour Minister Marinos Mousiouttas has signaled the start of an intensive round of summer consultations on pension reform, aiming to bridge remaining differences between trade unions, employers and other stakeholders before the bill reaches parliament....
https://knews.kathimerini.com.cy/en/news/buying-an-apartment-in-cyprus-now-costs-10-8-more-than-a-year-ago
If you feel like buying a home in Cyprus keeps getting further out of reach, you are not imagining it....
https://knews.kathimerini.com.cy/en/business/left-cyprus-for-a-better-career-the-government-wants-you-back
The second phase of the government's repatriation campaign begins tomorrow, with events scheduled in London and Birmingham. Cyprus is once again seeking to attract talented professionals who left for opportunities abroad as it looks to strengthen its labor market. ...
https://knews.kathimerini.com.cy/en/news/gender-based-violence-cases-rise-in-cyprus-during-2025
Reports of domestic and gender-based violence increased across Cyprus in 2025, with support services also dealing with more complicated cases, according to figures presented by the Association for the Prevention and Handling of Violence in the Family (SPAVO)....
https://knews.kathimerini.com.cy/en/news/lower-tourist-numbers-hit-demand-for-taxi-services
Taxi operators in Cyprus say they are facing a difficult period following a downturn in tourism linked to ongoing instability in the Middle East....
https://knews.kathimerini.com.cy/en/news/backlash-over-fidias-claim-mps-earn-€9-500-a-month-in-viral-video
MEP and leader of the political movement Direct Democracy, Fidias Panayiotou, has triggered discussion online after posting a video questioning how much Cypriot MPs actually earn....
