https://knews.kathimerini.com.cy/en/news/cyprus-ranks-second-in-eu-for-long-working-hours-eurostat-says
About one in 10 workers in Cyprus put in long hours each week, placing the island nation second in the European Union only to Greece, according to Eurostat data released Thursday....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-potential-controversy-over-alleged-fake-university-degrees-mayor-warns
The Mayor of Paphos, Phedon Phedonos, warned Thursday that Cyprus could soon face an international controversy over universities allegedly issuing degrees without proper student attendance....
https://knews.kathimerini.com.cy/en/news/more-than-one-in-four-cypriots-with-disabilities-struggled-financially-in-2024-eurostat-says
More than a quarter of Cypriots with disabilities reported difficulty making ends meet in 2024, according to data published Wednesday by Eurostat....
https://knews.kathimerini.com.cy/en/business/cyprus-to-plan-market-return-despite-global-uncertainty
Cyprus will begin planning its return to international financial markets in September, aiming for a fourth-quarter re-entry, officials confirmed....
https://knews.kathimerini.com.cy/en/business/rental-prices-in-cyprus-show-dramatic-divide-limassol-rents-more-than-double-those-in-paphos-and-larnaca
Rental prices across Cyprus have remained largely stable, balancing increased demand from students with new housing developments....
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. ...
https://knews.kathimerini.com.cy/en/news/cyprus-leads-eu-in-access-to-medical-care-reports-eurostat
Cyprus recorded the lowest rate of unmet medical needs in the European Union for 2024, with just 0.2% of residents aged 16 and over reporting barriers to care, according to new data released by Eurostat. ...
https://knews.kathimerini.com.cy/en/news/cyprus-savers-earn-less-borrowers-pay-more-as-banks-widen-gap-with-eurozone
If you’re saving your money in a Cypriot bank, you’re probably earning less interest than the average European. But if you’re borrowing for a home or your small business, you’re likely paying more....
https://knews.kathimerini.com.cy/en/news/cyprus-records-one-of-eu-s-lowest-drowning-death-rates-in-2022
Cyprus was among the four European Union countries with the fewest drowning deaths in 2022, according to data released Tuesday by Eurostat....
https://knews.kathimerini.com.cy/en/news/want-to-visit-the-u-s-you-might-have-to-pay-a-$15-000-deposit-first
Planning a vacation or business trip to the U.S.? You might want to check your bank account first....
https://knews.kathimerini.com.cy/en/comment/opinion/usa-1-–-eu-0
Just days before the August 1st deadline, the U.S. and the EU managed to strike a new trade deal, prompting sighs of relief, as the two traditional allies will not have to clash, at least for now....
https://knews.kathimerini.com.cy/en/news/pwc-global-entertainment-media-outlook-global-entertainment-and-media-industry-revenues-to-hit-us$3-5-trillion-by-2029-driven-by-advertising-live-events-and-video-games
Advertising spend forecasted to grow three times as fast (6.1%) as E&M consumer spending (2%) – as AI set to transform advertising models and drive hyper-personalisation...
https://knews.kathimerini.com.cy/en/news/one-in-three-cypriot-residents-can-t-afford-a-week-long-holiday-abroad
Roughly one in three Cypriot residents (33.2%) aged 16 and older say they cannot afford a one-week holiday abroad, according to a recent Eurostat survey....
https://knews.kathimerini.com.cy/en/news/cyprus-to-deactivate-unregistered-prepaid-sim-cards-by-november-2025
The Office of the Commissioner of Electronic Communications and Postal Regulation (OCECPR) has announced that all prepaid SIM and eSIM card users in Cyprus must complete mandatory identification by Nov. 10, 2025, or face automatic deactivation of their mobile services....
https://knews.kathimerini.com.cy/en/news/eu-commission-targets-cyprus-and-others-countries-in-broad-legal-crackdown
The European Commission has initiated legal proceedings against several EU member states, including Cyprus, for failing to comply with a range of obligations under European Union law....
https://knews.kathimerini.com.cy/en/news/measles-surges-in-europe-and-the-u-s-is-cyprus-next
A disease that many thought was gone for good is making an alarming return. Measles, a highly contagious virus once considered nearly eradicated in developed countries, is back with a vengeance in both the United States and Europe....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-are-merging-and-here-s-what-that-means-for-you
Cyprus is heading toward a major financial facelift, with a wave of mergers and acquisitions already in motion and expected to accelerate by the end of 2025. Sirens may have marked a different kind of Tuesday morning in Nicosia, but in the banking world, the alarm bells signal transformation....
https://knews.kathimerini.com.cy/en/comment/opinion/reducing-the-cost-of-living-through-digital-solutions
Life is becoming increasingly difficult for households today. The gap between those who are financially comfortable and those struggling to make ends meet on their wages has widened significantly. ...
https://knews.kathimerini.com.cy/en/business/deposit-rates-fall-for-households-and-businesses-while-mortgage-rates-climb
Average interest rates on deposits from households and businesses in Cyprus declined in May compared to April, while average mortgage rates edged higher, according to data released Thursday by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/study-links-common-antibiotic-during-pregnancy-to-increased-birth-defect-risk
A commonly prescribed antibiotic for urinary tract infections (UTIs) in pregnant women may raise the likelihood of serious birth defects, according to new research by American scientists....
https://knews.kathimerini.com.cy/en/business/june-newsletter-of-k-treppides-co-ltd-–-20-06-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/cyprus-opens-electricity-market-to-competition-on-october-1st
Cyprus is preparing to open its long-awaited competitive electricity market, with officials hopeful the move will finally bring down energy costs for households and businesses....
https://knews.kathimerini.com.cy/en/business/swiss-central-bank-slashes-interest-rates-to-0-to-fight-soaring-franc-and-deflation
In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....
https://knews.kathimerini.com.cy/en/business/ecb-poised-for-fall-rate-decision-as-growth-tariffs-and-inflation-weigh-in
The European Central Bank will reassess its interest rate policy this fall, weighing whether additional cuts are necessary after a recent series of reductions brought its main rate to 2%, with inflation easing to 1.9%....
https://knews.kathimerini.com.cy/en/news/cypriots-brace-for-impact-as-fuel-prices-set-to-jump-after-mideast-strikes
Drivers in Cyprus may soon feel a serious pinch at the pump, as fuel prices are expected to rise significantly in the coming days following Israel’s military strike on Iran and the resulting spike in global oil prices....
https://knews.kathimerini.com.cy/en/business/eac-now-requests-3-hike-sparing-consumers-steeper-7-5-increase
Consumers in Cyprus may soon see a 3% rise in their electricity bills, after the Electricity Authority of Cyprus (EAC) announced Tuesday it will request a modest rate increase from the Cyprus Energy Regulatory Authority (CERA)....
https://knews.kathimerini.com.cy/en/business/boc-eyes-bigger-role-in-your-financial-future
Beyond its moves into the insurance sector, Bank of Cyprus is actively exploring additional ways to increase the bank’s overall value. ...
https://knews.kathimerini.com.cy/en/comment/opinion/they-hung-annita-out-to-dry
What can one say about highways, marinas, ports, and other major projects that either never finish or, when they do, cost multiples and are riddled with unbelievable delays that are never properly accounted for?...
https://knews.kathimerini.com.cy/en/business/thousands-see-cheaper-monthly-payments-as-boc-lowers-loan-rates
Cyprus homeowners and businesses, take note: your loan payments might be about to shrink....
https://knews.kathimerini.com.cy/en/news/imf-and-eu-to-cyprus-cool-it-on-the-pay-rises-you-re-not-made-of-money
Cyprus may be riding high on economic growth, but the message from international watchdogs this week is blunt: slow down the spending, especially on public salaries, or risk unraveling the progress....
