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12° Nicosia,
30 July, 2026
 

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Displaying results 1-30 of 80 matches for query payout.

1. FIFA puts World Cup for sale in $20 billion Wall Street play

https://knews.kathimerini.com.cy/en/news/fifa-puts-world-cup-up-for-sale-in-$20-billion-wall-street-play

Gianni Infantino wants to turn international football into private equity. FIFA’s plan to carve off a 20 per cent stake in its commercial empire for $4.2 billion has met immediate resistance across Europe and beyond....

2. Cyprus betting revenue tops €360 million

https://knews.kathimerini.com.cy/en/news/cyprus-betting-revenue-tops-€360-million

Cyprus' betting industry continued to expand during the opening three months of 2026, with players wagering more than €360 million through licensed land-based and online operators....

3. Landmark pension reform eyes January 2027 rollout with hikes up to 55%

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....

4. Supreme court awards quarry worker €95,000 for severe injuries in machinery accident

https://knews.kathimerini.com.cy/en/news/supreme-court-awards-quarry-worker-€95-000-for-severe-injuries-in-machinery-accident

A Cyprus quarry worker who suffered a shattered shoulder and underwent three major surgeries after a colleague accidentally turned on a conveyor belt has won a total of €95,000 in damages following a successful Supreme Court appeal....

5. How to find out if the government owes you money

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....

6. USA: Catholic church agrees to $395m payout over 500+ abuse lawsuits

https://knews.kathimerini.com.cy/en/news/usa-catholic-church-agrees-to-$395m-payout-over-500-abuse-lawsuits

The Catholic Archdiocese of San Francisco is set to pay $395 million to settle more than 500 lawsuits alleging child sexual abuse by church officials, according to attorneys representing the survivors....

7. Provocative salaries, pensions, and payouts for MPs

https://knews.kathimerini.com.cy/en/news/provocative-salaries-pensions-and-payouts-for-mps

One issue that has come back into focus is the generous pension package, lump-sum payments, and salaries enjoyed by members of the House of Representatives. Unsurprisingly, no MP has ever stepped forward to defend them....

8. Farmers take protest, and animals, to Presidential Palace

https://knews.kathimerini.com.cy/en/news/farmers-take-protest-and-animals-to-presidential-palace

Frustrated livestock farmers returned to the streets Friday, bringing their protest over the government’s handling of the foot-and-mouth disease outbreak directly to the Presidential Palace in a tense demonstration that once again highlighted growing anger in rural Cyprus....

9. Flight delays, cancelled trips and refunds: EU rules that could change how Cypriots travel

https://knews.kathimerini.com.cy/en/business/flight-delays-cancelled-trips-and-refunds-eu-rules-that-could-change-how-cypriots-travel

There is growing optimism that a breakthrough may finally be within reach in long-running EU negotiations to revise passenger rights in air travel....

10. €35.6 million on livestock compensation after foot and mouth outbreak

https://knews.kathimerini.com.cy/en/news/€35-6-million-on-livestock-compensation-after-foot-and-mouth-outbreak

Cyprus authorities say they will spend more than €35.6 million compensating livestock farmers and helping them rebuild their herds after an outbreak of foot-and-mouth disease that led to widespread animal culling earlier this year....

11. German tourist wins nearly €1,000 after losing daily battle for pool loungers in Greece

https://knews.kathimerini.com.cy/en/news/german-tourist-wins-nearly-€1-000-after-losing-daily-battle-for-pool-loungers-in-greece

A German tourist has been awarded nearly €1,000 after a court ruled that constant competition for poolside loungers ruined his family holiday in Greece....

12. Livestock crisis deepens as farmers clash with government over culling policy

https://knews.kathimerini.com.cy/en/news/livestock-crisis-deepens-as-farmers-clash-with-government-over-culling-policy

Livestock farmers in Cyprus are set to hold wide-ranging talks on Tuesday with Agriculture Minister Maria Panayiotou over the country’s response to foot-and-mouth disease, amid mounting tensions over mass animal culling and compensation rules....

13. Politics Blog: Out with the bases!

https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-out-with-the-bases

When this whole mess is over, we really should sit down and have an honest conversation with the British about the future of the bases. That’s what the president said, and for once, he’s probably voicing what most people are thinking. ...

14. Cyprus weighs compensation plan for occupied properties, as little as €2 monthly

https://knews.kathimerini.com.cy/en/news/cyprus-weighs-compensation-plan-for-occupied-properties-as-little-as-€2-monthly

Lawmakers in Cyprus are working to introduce legislation that would regulate compensation for displaced property owners who lost the use of their land in the occupied areas following the events of 1974. ...

15. BOC eyes strategic acquisitions in insurance, asset management and fintech

https://knews.kathimerini.com.cy/en/business/boc-eyes-strategic-acquisitions-in-insurance-asset-management-and-fintech

Bank of Cyprus says it is keeping a close watch for potential acquisitions that could add value to the group, focusing on three main areas: insurance, asset management and fintech....

16. Jumbo eyes Turkey as next step in international expansion

https://knews.kathimerini.com.cy/en/business/jumbo-eyes-turkey-as-next-step-in-international-expansion

Jumbo, the Greek retail giant best known for its bargain-priced toys and household goods, is quietly eyeing a move into Turkey, a step that would mark one of its most ambitious expansions yet....

17. Bank of Cyprus shares surge to 15-year high

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shares-surge-to-15-year-high

When the investment fund Lone Star Funds “courted” Bank of Cyprus in the summer of 2022, offering just under €2 per share, well above its market price at the time, it clearly saw potential. ...

18. Soldiers get guaranteed insurance cover, Parliament calls it the bare minimum

https://knews.kathimerini.com.cy/en/news/soldiers-get-guaranteed-insurance-cover-parliament-calls-it-the-bare-minimum

Parliament unanimously approved a long-overdue measure on Thursday to guarantee insurance coverage for members of the Army of the Republic who are injured or killed while carrying out dangerous duties, a move MPs described as the absolute minimum owed to those defending the country....

19. Trump team considers $100,000 payout to every Greenlander

https://knews.kathimerini.com.cy/en/news/trump-team-considers-$100-000-payout-to-every-greenlander

The Trump administration is considering offering as much as $100,000 to every resident of Greenland in a bold and highly controversial push to persuade the Arctic territory to break away from Denmark and join the United States, according to a Reuters report....

20. Cyprus pays drivers stuck with faulty airbags, €100 per week for waiting

https://knews.kathimerini.com.cy/en/news/cyprus-pays-drivers-stuck-with-faulty-airbags-€100-per-week-for-waiting

The Cypriot government has handed out one-time payments to drivers whose cars were grounded because of faulty airbags, a move aimed at easing frustration and financial strain caused by a nationwide vehicle recall....

21. Another day, another scam as Paphos woman loses €6,500 online

https://knews.kathimerini.com.cy/en/news/another-day-another-scam-as-paphos-woman-loses-€6-500-online

A 71-year-old woman in Paphos reported to police that she lost about €6,500 to an online investment scam posing as a government-backed platform....

22. Revenue slumps, budget spending trails in Cyprus

https://knews.kathimerini.com.cy/en/business/revenue-slumps-budget-spending-trails-in-cyprus

By the end of October 2025, Cyprus had collected 65% of its planned state revenues, while government spending reached just 59% of the budget, according to the General Accounting Office....

23. Cyprus This Week: Banks, MOTs and tax talks stir debate

https://knews.kathimerini.com.cy/en/news/cyprus-this-week-banks-mots-and-tax-talks-stir-debate

Cyprus’ headlines this week reflect a mix of economic, labor, and public safety issues, from banks rewarding employees handsomely to questions about who is really keeping the country’s roads safe. ...

24. Cypriot clubs to gain as FIFA expands its $355 million World Cup payout plan

https://knews.kathimerini.com.cy/en/business/cypriot-clubs-to-gain-as-fifa-expands-its-$355-million-world-cup-payout-plan

The countdown to the 2026 World Cup has begun, and with it comes more than just a new format. For clubs around the world, including several in Cyprus, the tournament represents an unprecedented financial opportunity....

25. Cyprus begins €44M payouts to 2013 bailout victims

https://knews.kathimerini.com.cy/en/news/cyprus-begins-€44m-payouts-to-2013-bailout-victims

More than 4,500 people who lost money in Cyprus’ 2013 banking collapse are finally seeing compensation, with €44.36 million being paid out on Thursday, officials said....

26. Casino boom in occupied north sparks fears for future peace talks

https://knews.kathimerini.com.cy/en/business/casino-boom-in-occupied-north-sparks-fears-for-future-peace-talks

In the shadow of international isolation, Cyprus' occupied north is gambling on a high-stakes future: doubling its number of casinos to 64....

27. Paphos–Polis motorway stuck in neutral

https://knews.kathimerini.com.cy/en/news/paphos–polis-motorway-stuck-in-neutral

A project meant to link Paphos with Polis Chrysochous has become one of Cyprus’ most notorious construction headaches, mired in legal battles, ballooning costs, and government missteps that have left it frozen for decades....

28. Cyprus and Greek banks on a winning streak

https://knews.kathimerini.com.cy/en/business/cyprus-and-greek-banks-on-a-winning-streak

Big banks in Cyprus and Greece are riding a wave of strong performance so far in 2025, catching the eye of investors and hinting at even brighter prospects ahead....

29. Euromoney: Bank of Cyprus Named Best Bank for the 10th Consecutive Year

https://knews.kathimerini.com.cy/en/business/euromoney-bank-of-cyprus-named-best-bank-for-the-10th-consecutive-year

Euromoney, one of the leading international magazines focused on banking, finance and financial markets, has named Bank of Cyprus the Best Bank in Cyprus in its 2025 Awards for Excellence. This is the 10th year that Bank of Cyprus has been recognised by Euromoney as Cyprus’ Best Bank....

30. Cyprus hotels join Europe’s legal fight to break Booking.com’s grip

https://knews.kathimerini.com.cy/en/business/cyprus-hotels-join-europe-s-legal-fight-to-break-booking-com-s-grip

Hotels in Cyprus are among more than 10,000 across Europe taking part in a class-action lawsuit accusing Booking.com of abusing its market power for two decades. ...

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