https://knews.kathimerini.com.cy/en/business/new-15-tax-hits-hellenic-hard-as-profits-drop-by-half
Hellenic Bank has just become the poster child for how Cyprus’ new 15% minimum tax law is starting to shake up the financial sector — and it’s not just about tax bills....
https://knews.kathimerini.com.cy/en/news/cyprus-classrooms-are-changing-and-so-is-the-country
If it's true that compulsory education reflects the society of the future, then Cyprus is on the cusp of transformation, shaped by its ''new Cypriots'': children of migrant families who grow up speaking many languages, far more than those traditionally spoken on the island....
https://knews.kathimerini.com.cy/en/news/cypriots-worry-ai-threatens-artists-livelihoods-eurobarometer-survey-finds
A majority of Cypriots are concerned that artificial intelligence could harm the livelihoods of artists, according to a Eurobarometer survey published Thursday, reflecting wider European unease about the role of AI in the cultural sector....
https://knews.kathimerini.com.cy/en/news/surprise-surprise-cyprus-near-the-top-again-in-eu-electricity-costs
Cyprus had the second highest electricity prices in the European Union relative to consumer purchasing power in the second half of 2024, according to new data from Eurostat, the EU’s statistical agency....
https://knews.kathimerini.com.cy/en/business/moody-s-upgrades-bank-of-cyprus-to-a3
Moody’s Investors Service has upgraded Bank of Cyprus’ long-term deposit rating to A3 from Baa1 and revised its outlook to stable....
https://knews.kathimerini.com.cy/en/news/parents-caregivers-could-soon-work-less-as-cyprus-pushes-for-flexible-hours-in-public-sector
Working parents in Cyprus’ public sector may soon get the option to trim their daily hours by up to two, under a new government push to make work and family life easier to juggle. ...
https://knews.kathimerini.com.cy/en/news/weighting-for-change-cyprus-feels-the-heavy-burden-of-obesity
Obesity in Cyprus has reached 16.9% of the population, according to the country’s first National Nutrition Survey, released Friday by the Research and Education Institute “Health of the Child.” ...
https://knews.kathimerini.com.cy/en/news/christodoulides-to-woo-cypriot-talent-abroad-at-london-‘brain-gain-event
President Nikos Christodoulides is inviting Cypriots living in the UK to a special event in London on Wednesday, May 21, as part of the government’s "Brain Gain" initiative....
https://knews.kathimerini.com.cy/en/comment/opinion/is-development-finance-the-key-to-fixing-london-s-housing-crisis
London’s housing crisis is certainly nothing new, but its consequences are becoming increasingly harder to ignore....
https://knews.kathimerini.com.cy/en/business/from-brain-drain-to-brain-gain-cyprus-rolls-out-incentives-to-bring-talent-home
The Cypriot government has approved a plan to offer tax breaks to citizens working abroad in a bid to reverse the country’s “brain drain,” a government spokesperson said Wednesday....
https://knews.kathimerini.com.cy/en/news/more-people-can-now-apply-for-affordable-housing-help
Good news if you’ve been struggling to qualify for affordable housing: the government just made it easier to apply....
https://knews.kathimerini.com.cy/en/news/strange-fish-are-taking-over-cyprus-waters
Cyprus’ crystal-clear waters are being invaded, not by tourists, but by a growing army of alien marine species. Over 200 non-native species have already made their way into the island's seas, and some are leaving a trail of destruction in their wake. ...
https://knews.kathimerini.com.cy/en/news/cypriots-struggle-to-keep-up-as-food-and-energy-prices-climb
As prices continue to rise at the supermarket and electricity bills put pressure on family budgets, more people in Cyprus are finding it harder to make ends meet....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-buys-out-ethniki-insurance-in-€29-5m-deal
The Bank of Cyprus is making a bold move to strengthen its footprint in the island’s insurance market, announcing today that it has signed a binding agreement to acquire 100% of Ethniki Cyprus Insurance Ltd....
https://knews.kathimerini.com.cy/en/comment/opinion/fairy-tales-about-benefits-and-other-wild-stories
Certain catchy lies continue to circulate in our public discourse. Lies that, no matter what, simply refuse to die....
https://knews.kathimerini.com.cy/en/news/rents-keep-climbing-but-house-prices-aren-t-going-anywhere
If you’re renting in Cyprus, you’re not imagining it; it really is getting more expensive year after year. New figures from Eurostat confirm that rents on the island jumped by 4.6% in 2024 compared to the previous year, continuing a steady upward trend that’s been going on since 2017....
https://knews.kathimerini.com.cy/en/news/once-again-lidl-cyprus-stands-by-its-people-this-easter
Lidl Cyprus continues to invest in its team, recognizing their commitment and contribution to the company's success. In this context, it continues to provide additional cash benefits that enhance the income of its employees....
https://knews.kathimerini.com.cy/en/news/grants-up-to-€35-000-for-renovating-empty-homes-–-with-a-catch
The Ministry of Interior has officially launched the ''Renovate-Rent'' Scheme, opening the door for property owners to receive grants of up to €35,000 to fix up vacant homes — as long as they rent them out affordably....
https://knews.kathimerini.com.cy/en/news/12-000-citizenship-applications-stuck-in-limbo-amid-processing-delays
A backlog of 12,000 citizenship applications has raised serious concerns about the efficiency of Cyprus’ immigration and residence permit processing system....
https://knews.kathimerini.com.cy/en/comment/opinion/millions-spent-promises-made—but-children-still-suffer-in-silence
''What’s the goal here? To have food on the table for a day or two, or to ensure there's always food on the table?''...
https://knews.kathimerini.com.cy/en/news/audit-exposes-gaps-in-health-ministry-s-grant-and-payment-systems
In a recent audit by the Auditor General on the Ministry of Health's activities for 2022 and 2023, a number of financial discrepancies and issues have come to light, particularly in the way grants were distributed and payments were handled. ...
https://knews.kathimerini.com.cy/en/news/cyprus-bets-on-students-to-revitalize-old-nicosia-but-at-what-cost
Once overshadowed by controversy over unregistered universities—a scandal that drew scrutiny from Brussels—Cyprus has quietly reinvented itself as a rising destination for students across Europe. ...
https://knews.kathimerini.com.cy/en/business/eurobank-s-€1-3b-move-creates-cyprus-largest-bank
Eurobank Group’s €1.3 billion investment in Hellenic Bank is set to reshape Cyprus' banking landscape, creating the country’s largest financial institution with total assets of €27.5 billion....
https://knews.kathimerini.com.cy/en/news/one-in-three-cypriot-households-struggling-with-rising-costs
Cypriots are feeling the pinch in different ways, according to a new survey that highlights the divide in how people are coping with their household finances....
https://knews.kathimerini.com.cy/en/business/larnaca-port-workers-stage-24-hour-strike-over-safety-and-unloading-delays
Workers at the Port of Larnaca kicked off a 24-hour warning strike on Monday morning, blocking the port entrance in protest of unsafe working conditions and issues with the cargo unloading process....
https://knews.kathimerini.com.cy/en/news/trump-moves-to-dismantle-the-department-of-education
President Donald Trump has signed an executive order to begin dismantling the U.S. Department of Education, fulfilling a long-standing campaign promise....
https://knews.kathimerini.com.cy/en/news/nearly-1-in-5-households-in-cyprus-unable-to-keep-homes-warm
A recent European report has shed light on a concerning issue in Cyprus: nearly one in five households is struggling to keep their homes warm....
https://knews.kathimerini.com.cy/en/business/boc-seeks-to-acquire-ethniki-insurance-s-cyprus-subsidiary
Bank of Cyprus is moving forward with the acquisition of Ethniki Insurance’s Cyprus subsidiary, having entered exclusive negotiations for its purchase....
https://knews.kathimerini.com.cy/en/life/what-do-windmills-tulips-and-potatoes-have-in-common-the-dutch-of-course
When you think of windmills, tulips, The Girl with the Pearl Earring, Delft Blue pottery, or even the legendary tale of The Hole in the Dike, one country immediately comes to mind—the Netherlands! ...
https://knews.kathimerini.com.cy/en/news/cyprus-government-unveils-plans-to-tackle-housing-crisis
Cypriots struggling with the growing housing crisis can breathe a little easier, thanks to new government measures aimed at making homes more affordable and accessible....