https://knews.kathimerini.com.cy/en/business/cost-of-living-soars-as-nicosia-seeks-european-breathing-room
The energy crisis and rising living costs have forced governments to scramble to keep up with support measures for businesses and households. With external factors driving prices higher showing no signs of improvement and conditions instead getting worse, Cyprus is calling for countries with sound economic indicators to be given greater fiscal flexibility to provide financial support....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus–cdbbank-deal-nears-completion-after-staff-exit-scheme
Bank of Cyprus’ acquisition of cdbBank is on course for a successful conclusion after cdbBank met a key condition of the agreement: implementing a voluntary retirement scheme (VRS)....
https://knews.kathimerini.com.cy/en/news/state-services-order-culling-of-2-000-animals-to-eradicate-foot-and-mouth-disease
Approximately 2,000 animals across five livestock farms in Cyprus will be culled following infections identified during island-wide sample testing conducted in July, government officials confirmed on Monday....
https://knews.kathimerini.com.cy/en/news/scammers-steal-€33-424-from-81-year-old-woman-in-fake-gesy-message
An 81-year-old woman lost €33,424 after following instructions in a fraudulent text message that appeared to come from Cyprus’ General Healthcare System (Gesy), police said on Monday....
https://knews.kathimerini.com.cy/en/news/higher-pensions-sooner-under-revised-reform-plan
Pensioners would receive their full increases sooner, and people who get a better pension under the current rules would keep those rules for longer, under changes announced Monday by Labor Minister Marinos Mousiouttas....
https://knews.kathimerini.com.cy/en/news/eu-lawmakers-voted-for-tougher-action-on-muslim-brotherhood-linked-networks
The European Parliament has backed a tougher approach to networks linked to the Muslim Brotherhood, calling for closer scrutiny of their funding and influence and an assessment of whether associated individuals and organizations should face EU terrorism sanctions....
https://knews.kathimerini.com.cy/en/news/akamas-works-caused-damage-that-cannot-be-undone-audit-finds
The Audit Office has identified serious gaps in the environmental safeguards for construction projects in Akamas, highlighting weaknesses stretching from the initial planning and environmental assessment to construction, supervision, and the handling of violations....
https://knews.kathimerini.com.cy/en/news/cyprus-set-to-receive-€992-million-from-the-rrf
Sept. 18 marked Cyprus’ final step in submitting requests to the Recovery and Resilience Facility (RRF), with the last milestones submitted under the plan approved back in 2021....
https://knews.kathimerini.com.cy/en/business/could-we-soon-pay-without-visa-or-mastercard-europe-is-building-another-option
You pay for a coffee, buy something online or send money to a friend abroad. It takes seconds. But behind that everyday transaction lies a bigger question: who controls the systems that keep money moving?...
https://knews.kathimerini.com.cy/en/news/hidden-4-1-rise-in-public-sector-staff-costs-in-2027
While the government is cutting civil service positions in an effort to contain the public-sector wage bill, the picture presented by staffing expenditure tells a different story....
https://knews.kathimerini.com.cy/en/news/limassol-artists-still-waiting-three-months-for-payment-after-municipal-event
Artists who worked at a cultural event organised by the Limassol Municipality have reportedly been waiting for their payment for almost three months, according to actor Yolanda Christodoulou, who has publicly called for an explanation....
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-property-service-says-disputed-land-contracts-were-terminated-in-2024
The Turkish Cypriot Properties Management Service has rejected allegations surrounding the allocation of agricultural land to a former employee, saying the claims made before the Parliamentary Refugees Committee were not supported by specific evidence....
https://knews.kathimerini.com.cy/en/news/eurobank-sets-its-sights-on-abu-dhabi-after-mumbai-expansion
It is becoming increasingly clear that banks are looking to establish representative offices in markets beyond the countries where they already operate, aiming to expand their business and, ultimately, increase profits....
https://knews.kathimerini.com.cy/en/news/cyprus-firms-face-tougher-checks-on-business-with-greece
Cyprus has been included on a 42-country list that will bring certain transactions with Greek businesses under closer tax scrutiny. But the decision does not mean Greece has accused Cyprus, or every company based here, of tax evasion....
https://knews.kathimerini.com.cy/en/business/the-boc-fintech-hackathon-7-0-is-here-build-the-future
Bank of Cyprus is organizing the 7th Innovation Marathon for application development, BoC Fintech Hackathon 7.0, which focuses on implementing proposals and digital applications around Fintech, while also combining themes such as Social Innovation, Cybersecurity, and Smart Cities, using Artificial Intelligence, with the main goal of promoting entrepreneurship.
...
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/eu-confirms-no-cap-payments-to-farmers-in-occupied-areas
European Commission President Ursula von der Leyen has confirmed that farmers in parts of Cyprus not controlled by the government of the Republic do not receive payments under the European Union's Common Agricultural Policy....
https://knews.kathimerini.com.cy/en/news/another-interest-rate-rise-is-coming-what-it-means-for-cyprus-mortgages
Cyprus homeowners could soon see another increase in their monthly mortgage payments, with the European Central Bank widely expected to raise interest rates on Thursday....
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/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/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/ikea-cyprus-cuts-prices-on-300-products-and-yes-you-still-have-to-build-them
Good news for anyone whose bookshelf is being held together by optimism: IKEA Cyprus is cutting prices on more than 300 home-furnishing products....
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/futurist-and-ai-expert-matthew-griffin-joins-digital-agenda-cyprus-summit-2026
The Digital Agenda Cyprus Summit 2026 has announced another major addition to this year’s speaker lineup: internationally recognised futurist, author and artificial intelligence expert Matthew Griffin....
https://knews.kathimerini.com.cy/en/news/limassol-life-sea-views-city-buzz—and-monaco-prices-almost
Life in Limassol is not just more expensive on paper—or in the minds of Cypriots. The figures now confirm that living in the coastal city costs more than living in the capital, with housing creating the biggest burden....
https://knews.kathimerini.com.cy/en/news/police-drop-inquiry-into-drousiotis-crowdfunding-campaign
Police will not investigate journalist and author Makarios Drousiotis over his online fundraising campaign after the Legal Service concluded that it did not break Cyprus’ fundraising laws....
https://knews.kathimerini.com.cy/en/business/cbc-to-decide-on-ecm-partners-€100m-plus-payabl-deal-in-october
The paperwork for ECM Partners’ planned purchase of half of payabl. has reached the Central Bank of Cyprus (CBC), which must approve the deal before it can go ahead. ECM Partners reached an agreement with payabl.’s shareholders last week....
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/mortgage-relief-may-have-to-wait-as-ecb-official-calls-for-higher-rates
Anyone in Cyprus waiting for mortgage payments to come down may have to wait a little longer....
https://knews.kathimerini.com.cy/en/news/cyprus-may-be-far-from-iran-but-it-won-t-escape-the-fallout
Cyprus once again finds itself exposed to geopolitical developments and international turmoil. Renewed tensions between the United States and Iran, along with measures being considered by the Trump administration, are raising concerns about the possible impact on Europe and, by extension, Cyprus.
...
