https://knews.kathimerini.com.cy/en/news/electricity-bills-get-a-break-as-cyprus-extends-reduced-vat-until-2027
Households in Cyprus will continue to pay lower VAT on their electricity bills for another year, after the Council of Ministers approved an extension of the reduced tax rate through March 31, 2027....
https://knews.kathimerini.com.cy/en/news/brussels-meps-cashing-in-on-side-jobs-but-few-report-it
Several members of the European Parliament have come under scrutiny for failing to fully disclose income from outside jobs, raising questions about transparency and accountability in Brussels....
https://knews.kathimerini.com.cy/en/news/un-at-risk-of-running-out-of-funds-as-member-dues-go-unpaid
United Nations Secretary-General Antonio Guterres has issued a stark warning to member states that the world body is approaching a severe cash crisis that could threaten its ability to operate....
https://knews.kathimerini.com.cy/en/business/what-you-need-to-know-about-employer-tax-obligations-for-2024
The final date for submitting the annual employer withholding return for 2024 remains 31 March 2026, according to the Cyprus Tax Department....
https://knews.kathimerini.com.cy/en/news/elite-60-officer-strike-force-to-report-directly-to-justice-minister
At a time when organised crime appears to be gaining momentum, particularly in Larnaca and Limassol, the Ministry of Justice and Public Order is moving ahead with the creation of a new elite special unit, a task-force style strike team that will report directly to the Minister of Justice....
https://knews.kathimerini.com.cy/en/news/after-a-brutal-2025-potato-growers-press-government-for-compensation-and-water
Potato growers are urging the government to provide financial support after severe weather conditions caused major losses during 2025....
https://knews.kathimerini.com.cy/en/news/allegations-of-‘ghost-surgery- surface-in-patient-complaints-to-osak
From uncovered GeSY services and pharmacy data concerns to referral delays and alleged “ghost” surgeries, a wave of complaints reached the Cyprus Federation of Patient Associations in December 2025....
https://knews.kathimerini.com.cy/en/comment/opinion/labour-policy-and-the-test-of-leadership
The new Minister of Labour, Marinos Mousiouttas, has assumed responsibility for a critical ministry and is now tasked with managing issues that cut across the full breadth of society. He must must confront entrenched guilds and trade unionists, as well as labor organizations and employers, all of whom are deeply involved in labor-related issues....
https://knews.kathimerini.com.cy/en/news/cyprus-made-money-this-summer-and-spent-a-lot-of-it
Cyprus recorded a €653.6 million budget surplus in the third quarter of 2025, according to preliminary figures released by the Statistical Service, good news for the country’s finances, even if it’s a slimmer cushion than last year....
https://knews.kathimerini.com.cy/en/news/real-madrid-tops-deloitte-football-money-league-as-clubs-achieve-record-€12-4bn-revenue
The top 20 revenue generating clubs in world football generated over €12bn in revenue for the first time, according to the 29th edition of the Football Money League published by the Deloitte Sports Business Group. ...
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-puts-more-money-back-in-families-pockets
Cyprus’ long-awaited tax reform has officially taken effect, and families, workers, and businesses are already feeling the impact. ...
https://knews.kathimerini.com.cy/en/business/wolt-upgrades-its-app
Wolt is kicking off the new year with a major upgrade, continuing its fast-paced growth with the launch of a revamped app that quite literally puts a shopping mall in users’ pockets....
https://knews.kathimerini.com.cy/en/news/nest-by-bbf-designed-for-living-defined-by-investment-value
bbf: introduces :nest, a contemporary residential development in Germasogeia, one of Limassol’s most established and resilient residential districts — created to combine quality living with long-term investment confidence. ...
https://knews.kathimerini.com.cy/en/news/top-cyprus-officials-salaries-made-public-judges-earn-more-than-president
The monthly paychecks of Cyprus’ top officials have been made public, and the numbers reveal a surprise: while the president tops the salary scale on paper, some senior judges actually take home more money....
https://knews.kathimerini.com.cy/en/news/electrical-appliances-worth-tens-of-thousands-of-euros-damaged-in-paliometocho-after-power-surge
Electrical appliances worth tens of thousands of euros were damaged in the village of Paliometocho after an incorrect voltage was supplied through the Electricity Authority of Cyprus (EAC) network, according to the president of the Cyprus Association of Electrical Contractors....
https://knews.kathimerini.com.cy/en/news/cypriots-wallets-could-tip-the-may-election
Cyprus’ economy is thriving, but many citizens are still feeling the pinch and worrying about the future, a new survey shows....
https://knews.kathimerini.com.cy/en/news/amid-video-scandal-christodoulides-launches-affordable-housing-project
Amidst the ongoing fallout from the viral video scandal, President Nicos Christodoulides visited Limassol this morning to attend the foundation stone ceremony for the first affordable housing complex in Agios Nikolaos,...
https://knews.kathimerini.com.cy/en/news/first-lady-quits-social-support-role-citing-‘relentless-online-attacks-on-her-family
Cyprus’ First Lady, Philippa Karsera, has resigned from the Independent Social Support Agency, saying she and her children were targeted by a wave of online attacks, fake news and defamatory claims that left her no choice but to step aside....
https://knews.kathimerini.com.cy/en/comment/opinion/property-prices-hit-the-brakes-but-the-housing-crisis-remains
I am referring to the price race the real estate sector has been running for quite some time now, a rally that is also producing negative spillovers for housing affordability....
https://knews.kathimerini.com.cy/en/news/european-banks-poised-for-€30-billion-boost-in-interest-income
European banks are poised for a financial rebound, with net interest income expected to climb by roughly €30 billion over the next two years, analysts say, as loan growth and strategic hedging offset the drag from lower interest rates....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-2026-what-changed-and-what-stayed-the-same
On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....
https://knews.kathimerini.com.cy/en/business/cyprus-faces-new-labor-showdown-despite-minimum-wage-deal
Cyprus could be heading for a fresh round of labor unrest in 2026, as unions and employers brace for new clashes over wages, pensions and workers’ rights, despite the government having closed the minimum monthly wage issue just weeks ago....
https://knews.kathimerini.com.cy/en/business/you-don-t-get-rich-in-the-police-chief-says-as-unions-revolt
In a bid to put more police officers back on the streets, Cyprus’ police chief on Tuesday unveiled a new operational framework aimed at improving frontline policing and making better use of personnel.
...
https://knews.kathimerini.com.cy/en/business/when-rent-costs-as-much-as-a-mortgage-cypriots-turn-to-buying
Rents in Cyprus have risen to levels comparable with monthly mortgage payments, prompting more people to buy homes rather than rent, even when rent subsidies are available, Interior Minister Konstantinos Ioannou said....
https://knews.kathimerini.com.cy/en/business/cyprus-weathers-global-turbulence-as-economic-growth-and-reforms-hold-firm-in-2025
Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...
https://knews.kathimerini.com.cy/en/business/government-moves-to-protect-low-income-pensioners-from-benefit-losses
The government has decided to shield low-income pensioners from losing benefits as a result of upcoming pension increases, a move expected to support around 24,000 households....
https://knews.kathimerini.com.cy/en/business/cyprus-defies-europe-s-housing-crisis-with-spacious-homes-and-low-costs
Cyprus ranks at, or near, the extremes of several key housing indicators, often outperforming the EU average and even many comparable Mediterranean countries....
https://knews.kathimerini.com.cy/en/business/€1-088-minimum-wage-and-everyone-s-furious
After intense behind-the-scenes talks that stretched right up to the holidays, the government has locked in Cyprus’ new national minimum wage at €1,088 a month, a decision that settles one debate but opens several others....
https://knews.kathimerini.com.cy/en/business/cyprus-approves-minimum-wage-increase-of-8-8-effective-january-2026
The government has approved an increase to the national minimum wage, following a Cabinet decision taken after a review of economic and social conditions. The revised rates will take effect on 1 January 2026....
https://knews.kathimerini.com.cy/en/news/more-tax-relief-for-families-tougher-rules-for-everyone-else
From January 1, 2026, Cyprus will officially turn the page on how it taxes income and businesses....
