https://knews.kathimerini.com.cy/en/news/foot-and-mouth-crisis-deepens-and-questions-mount-over-early-response
A week into Cyprus’ foot-and-mouth disease crisis, frustration is rising, and so are the questions....
https://knews.kathimerini.com.cy/en/business/cyprus-executes-most-of-2025-budget-as-revenues-trail-borrowing-drop
Cyprus carried out most of its 2025 state budget as planned, according to a Treasury report released Tuesday. The government collected about 87% of the revenue it had budgeted and spent roughly 92% of what it had planned....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-€4-4m-yearly-interest-from-eu-loan-to-ukraine
Cyprus is expected to contribute roughly €4.4 million annually toward servicing the €90 billion loan the EU plans to raise on the markets to support Ukraine in the coming years, according to sources from Kathimerini....
https://knews.kathimerini.com.cy/en/news/cyprus-scrambles-to-get-back-€67-million-eu-cash-for-stalled-lng-project
Cyprus is taking steps to recover €67 million in European Union funding for the long-delayed liquefied natural gas (LNG) terminal in Vasilikos, Energy Minister Michalis Damianou told lawmakers Tuesday....
https://knews.kathimerini.com.cy/en/news/testimony-sparks-major-developments-in-case-involving-paphos-mayor
A lengthy statement given by the woman described as the alleged victim appears to have marked a turning point in a highly serious case that has been unfolding in public view over recent days....
https://knews.kathimerini.com.cy/en/business/after-a-year-of-silence-cyprus-returns-to-the-markets-for-€1bn
Cyprus wasted no time in making its way back to the financial markets this year, setting its sights on raising around €1 billion through a 10-year government bond. ...
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....
https://knews.kathimerini.com.cy/en/business/cyprus-to-boost-wages-for-nearly-half-the-workforce-amid-rising-costs
Cyprus is set to spend more next year, with the 2026 budget estimating total expenditures, including loan repayments, interest, and investments, at €13.7 billion, up from €12.9 billion in 2025. Personnel costs, including pensions and gratuities, are expected to rise by roughly 4.2%, reaching €3.7 billion....
https://knews.kathimerini.com.cy/en/business/wolt-loans-nearly-€2-million-to-cypriot-small-and-medium-enterprises
Wolt, the platform connecting consumers, local businesses, and delivery partners, has lent nearly €2 million to small and medium-sized enterprises (SMEs) in Cyprus.
...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-scoops-11-awards-in-global-finance-s-2025-digital-bank-rankings
Bank of Cyprus wins 11 awards, including 2 regional awards, in Global Finance’s 2025 World’s Best Digital Bank Awards
...
https://knews.kathimerini.com.cy/en/news/limassol-shooting-linked-to-loan-sharking-suspect-in-custody
Police have arrested a 43-year-old man in connection with a shooting at a company’s offices in Limassol early Tuesday, a case authorities say stems from loan sharking....
https://knews.kathimerini.com.cy/en/business/cyprus-state-payroll-to-rise-€153-million-in-2026-budget
Cyprus’ state payroll is set to climb again in 2026, with government spending on personnel projected to rise by €153 million despite efforts to rein in hiring....
https://knews.kathimerini.com.cy/en/business/finance-minister-warns-gsi-project-may-be-infeasible-making-its-funding-risky
Finance Minister Makis Keravnos has raised concerns about the GSI electricity interconnection project, saying there is a risk if the government provides funding. He added that some studies suggest the project may not be viable....
https://knews.kathimerini.com.cy/en/business/eu-wants-€67-million-back-from-cyprus-gas-project-sparking-political-fight
A multibillion-euro project meant to bring natural gas to Cyprus has been thrown into turmoil, after the European Commission demanded the return of €67 million in funding over alleged irregularities in how the contract was awarded. ...
https://knews.kathimerini.com.cy/en/business/eif-and-eurobank-join-forces-to-channel-€62-5-million-in-new-financing-to-cypriot-smes-and-start-ups
The European Investment Bank Group (EIB Group) today announced the first InvestEU Guarantee transaction in Cyprus, marking a major milestone in bringing EU-backed financing closer to Cypriot businesses....
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/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/bank-of-cyprus-sells-€75m-worth-of-paphos-property-to-exness
The Bank of Cyprus has closed a major property deal with fintech firm Exness, selling land worth €75 million in Paphos, sources confirmed to Kathimerini Cyprus....
https://knews.kathimerini.com.cy/en/comment/opinion/what-don-t-you-understand
The joint statement by APOEL, Anorthosis, Apollon, and Ethnikos regarding their debts to the state starts off, right from the first paragraph, accusing unnamed parties of populism, without ever clarifying what they mean....
https://knews.kathimerini.com.cy/en/news/more-struggling-homeowners-get-relief-under-government-s-oikia-scheme
The General Accounting Office has wrapped up the second phase of the government’s OIKIA Scheme, approving financial relief for dozens more struggling homeowners. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cypriots-rush-to-borrow-as-rates-drop-but-are-banks-repeating-old-mistakes
As interest rates continue their downward trend, and with further cuts expected, borrowers are feeling more confident. This isn’t hearsay from bank insiders or coffee shop chatter; ...
https://knews.kathimerini.com.cy/en/news/major-win-for-borrowers-as-court-orders-banks-to-stop-using-abusive-loan-terms
Thousands of borrowers across Cyprus could soon see fairer treatment from banks, thanks to a landmark court decision banning the use of abusive clauses in loan contracts....
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/news/1-consulco-s-newest-investment-opportunity-compartment-c
Consulco, a leading specialist investment manager with a distinguished 30-year history, proudly announces the launch of Compartment C of the LC London Credit AIF V.C.I.C. Public Ltd (“the London Credit Fund”). ...
https://knews.kathimerini.com.cy/en/news/consulco-s-newest-investment-opportunity-compartment-c
Consulco, a leading specialist investment manager with a distinguished 30-year history, proudly announces the launch of Compartment C of the LC London Credit AIF V.C.I.C. Public Ltd (''the London Credit Fund''). ...
https://knews.kathimerini.com.cy/en/comment/opinion/it-was-a-low-bar
The Housing Grant Scheme for young couples and individuals up to 41 years of age was launched on 31 October 2024, with a target of 400 beneficiary applications and a total budget of €15 million. ...
https://knews.kathimerini.com.cy/en/news/football-clubs-slam-omonia-s-involvement-in-tax-talks
A group of five major Cypriot football clubs issued a joint statement following their meeting with the Tax Commissioner yesterday, clarifying their stance on overdue debts to the state and calling out certain actions they deem disruptive to the ongoing dialogue....
https://knews.kathimerini.com.cy/en/news/offside-with-the-taxman-as-football-execs-face-€35-5m-penalty-shootout
The technocrats of the Tax Department are continuing the process of finalizing indictments against football clubs....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-see-€1-billion-in-profits-as-npl-s-decline-in-2024
Cypriot banks reported impressive financial growth in the first nine months of 2024, with total profits reaching €952.5 million after taxes, a sharp rise from €602.92 million by mid-year.
...
https://knews.kathimerini.com.cy/en/news/vietnamese-tycoon-can-avoid-death-penalty-by-repaying-$9-billion
Truong My Lan, a 68-year-old property tycoon from Vietnam, has been sentenced to death for embezzling a staggering $27 billion in one of the country's largest fraud cases....
