https://knews.kathimerini.com.cy/en/business/eu-plan-could-curb-holiday-rentals-to-make-room-for-residents
“We are not fundamentally opposed to short-term rentals,” EU Energy and Housing Commissioner Dan Jørgensen made clear. “They can be useful for travel and tourism and provide households with extra income.” ...
https://knews.kathimerini.com.cy/en/news/two-housing-plans-aim-to-give-young-families-more-ways-to-build-a-home
For a young couple in Cyprus, the price of a home can put the whole plan on hold before it starts. Two government housing schemes offer different ways around one of the biggest hurdles: finding land to build on....
https://knews.kathimerini.com.cy/en/news/eight-years-zero-berths-and-€5-million-cyprus-never-collected-another-scandal-in-the-making
Six private operators were given the right to develop parts of Cyprus’ coastline. Eight years later, not one of the planned berthing facilities is operating, not a cent in annual fees has been paid and the state is estimated to have lost more than €5 million....
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....
https://knews.kathimerini.com.cy/en/news/brussels-looks-to-polluters-and-old-gadgets-to-help-fund-europe-s-budget
The European Union is looking at pollution and discarded electronics to help fund its next seven-year budget, and Cyprus’ poor record on collecting old devices could make the plan particularly relevant to the island....
https://knews.kathimerini.com.cy/en/news/another-17-000-cyprus-families-to-qualify-for-child-benefit
Another 17,000 families in Cyprus are expected to qualify for child benefit under an expansion announced by President Nikos Christodoulides, potentially bringing financial support to more than 23,000 additional children....
https://knews.kathimerini.com.cy/en/business/s-p-global-ratings-revises-freedom24-outlook-to-positive-highlighting-the-group-s-diversified-earnings-and-strong-capitalisation
Following an improved assessment of risk in the banking sector of Kazakhstan, Freedom Holding Corp.’s largest operating market, S&P Global Ratings has revised the outlook on the long-term issuer credit ratings of the group and its four core subsidiaries from stable to positive. The long- and short-term ratings on the operating subsidiaries were affirmed at BB-/B, while the rating on Freedom Holding Corp. was affirmed at B-. S&P also raised the Kazakhstan national-scale ratings on Freedom Finance JSC and Freedom Bank Kazakhstan JSC to kzA from kzA-....
https://knews.kathimerini.com.cy/en/business/keravnos-big-companies-are-not-leaving-cyprus-over-15-tax-rule
Big companies are not packing their bags and leaving Cyprus because of the new global minimum tax, Finance Minister Makis Keravnos said Thursday, dismissing reports of a corporate exodus as speculation driven by ''individual voices.''...
https://knews.kathimerini.com.cy/en/news/agree-on-new-eu-taxes-or-pay-more-and-get-less-costa-warns
EU governments face a blunt choice: agree on new sources of income for the bloc, pay more from their national budgets, or accept cuts to programs they want to protect....
https://knews.kathimerini.com.cy/en/news/officials-considers-blocking-welfare-payments-from-being-spent-on-gambling
Government officials are considering new restrictions to prevent people receiving the Minimum Guaranteed Income from using welfare payments at casinos, betting shops or gambling websites....
https://knews.kathimerini.com.cy/en/news/welfare-recipients-stuck-carrying-paperwork-the-state-could-collect-itself
Some of Cyprus’ most financially vulnerable residents are being forced to collect, and sometimes pay heavily for, bank statements that the welfare services already have legal permission to request....
https://knews.kathimerini.com.cy/en/news/three-months-without-pay-education-program-staff-take-to-the-streets
Workers in Ministry of Education programs are taking their demands to the Presidential Palace on Thursday after spending the summer without a salary or unemployment benefits....
https://knews.kathimerini.com.cy/en/news/small-deposits-on-plastic-bottles-are-driving-big-community-causes
A bottle or can worth just a few cents may not seem like much, but when thousands are collected, the total can help fund children's ambitions, feed rescued animals or support local community projects....
https://knews.kathimerini.com.cy/en/news/storm-damaged-your-home-or-car-here-s-what-the-state-will-pay
Homeowners, businesses, and drivers whose property was damaged by Saturday’s severe weather could receive thousands of euros in government assistance under a compensation plan approved by the Cabinet on Wednesday....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-grows-3-3-but-is-it-reaching-your-pocket
Cyprus’ economy grew by 3.3% in the second quarter of 2026, comfortably outperforming the eurozone, but that does not necessarily mean every household is feeling richer....
https://knews.kathimerini.com.cy/en/business/cyprus-records-€770-6-million-fiscal-surplus-in-first-seven-months
Cyprus recorded a General Government fiscal surplus of €770.6 million in the first seven months of 2026, equivalent to 2.0% of GDP, according to preliminary figures released by the Statistical Service on Monday....
https://knews.kathimerini.com.cy/en/news/childcare-and-tuition-support-applications-expected-to-open-in-september
The government is preparing to open applications for two schemes that provide financial support for families paying kindergarten and childcare costs during the 2026-2027 school year....
https://knews.kathimerini.com.cy/en/business/cyprus-awaits-its-september-report-card-but-will-households-feel-it
Cyprus will receive a series of important financial report cards in September, when three international rating agencies take a fresh look at the country’s economy....
https://knews.kathimerini.com.cy/en/news/chloraka-restaurant-fire-was-deliberately-set-investigators-find
A fire that tore through a ground-floor restaurant in Chloraka before dawn Wednesday was no accident, investigators have found....
https://knews.kathimerini.com.cy/en/news/marinos-mousiouttas-fairness-for-today-s-retirees-security-for-tomorrow-s-pensioners
Labour and Social Insurance Minister Marinos Mousiouttas explains the government’s proposed pension reform to Kathimerini....
https://knews.kathimerini.com.cy/en/news/your-wallet-wasn-t-imagining-it-cyprus-prices-are-climbing-faster-than-most-of-europe
If your salary seems to be disappearing more quickly than it did a year ago, the latest figures offer an uncomfortable explanation: Cyprus now has one of the highest inflation rates in the European Union....
https://knews.kathimerini.com.cy/en/news/pension-reform-could-increase-monthly-payments-for-50-000-pensioners-by-more-than-€100
Around 50,000 pensioners could receive more than €100 extra each month under the government's proposed changes to Cyprus' pension system, Labour Minister Marinos Mousiouttas said on Wednesday....
https://knews.kathimerini.com.cy/en/news/retiring-at-63-your-pension-penalty-could-drop-from-12-to-8
The submission of the pension reform bill to the social partners marks the beginning of the final stage of a long-running effort to modernize Cyprus’ social insurance system....
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....
