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12° Nicosia,
07 July, 2026
 

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Displaying results 1-30 of 269 matches for query revenues.

1. Banks contributed €427 million to Cyprus in 2025

https://knews.kathimerini.com.cy/en/business/banks-contributed-€427-million-in-cyprus-in-2025

The opposition is once again reopening the issue of additional taxation on banks in Cyprus, an issue which the previous Parliament had indeed opened but ultimately failed to pass. ...

2. Nicosia says it’s turning things around, but traffic and bills still bite

https://knews.kathimerini.com.cy/en/news/nicosia-says-it-s-turning-things-around-but-traffic-and-bills-still-bite

''During the first year, we simply kept quiet and worked,'' the Municipality of Nicosia said as it presented its two-year progress report, highlighting significant steps in financial recovery, organisational restructuring, and the development course of the capital....

3. Christodoulides says Cyprus talks should build on common ground, not start from scratch

https://knews.kathimerini.com.cy/en/news/christodoulides-says-cyprus-talks-should-build-on-common-ground-not-start-from-scratch

Almost a decade after Crans-Montana, the Cyprus issue appears to be returning to the center of political developments. Whether this activity will lead to meaningful progress or simply add another chapter to a long history of unmet expectations remains the key question....

4. What’s next for Cyprus? Christodoulides weighs in on homes, bills and the peace process

https://knews.kathimerini.com.cy/en/news/what-s-next-for-cyprus-christodoulides-weighs-in-on-homes-bills-and-the-peace-process

In a wide-ranging interview with Kathimerini Managing Editor Thanasis Photiou, President Nikos Christodoulides spoke about everything from the Cyprus issue and his political standing after the parliamentary elections to the cost-of-living pressures facing households, housing, natural gas revenues, and even the much-discussed traditional Indian waistcoats he wore during his recent visit to India....

5. Deutsche Bank sees Greek banks as takeover targets, with Bank of Cyprus in view

https://knews.kathimerini.com.cy/en/business/deutsche-bank-sees-greek-banks-as-takeover-targets-with-bank-of-cyprus-in-view

Greek banks are attractive targets for mergers and acquisitions, according to Deutsche Bank, with Eurobank and Piraeus Bank standing out in particular. The bank also suggests that Bank of Cyprus could be a potential target for National Bank of Greece....

6. Cyprus shipping booms as industry hits 25-year high

https://knews.kathimerini.com.cy/en/business/cyprus-shipping-booms-as-industry-hts-25-year-high

Cyprus’ shipping industry is reaching new highs, with the country strengthening its position as one of the world’s major maritime hubs at a time when global trade and regional instability continue reshaping international shipping routes....

7. Cyprus hotels brace for tough summer as Middle East tensions hit tourism

https://knews.kathimerini.com.cy/en/business/cyprus-hotels-brace-for-tough-summer-as-middle-east-tensions-hit-tourism

A difficult summer season is shaping up for Cyprus’ hotel industry, as uncertainty caused by the geopolitical turmoil in the Middle East is dampening people’s appetite for travel and holidays....

8. CIA doubts Iran is close to collapse despite Trump claims war may soon end

https://knews.kathimerini.com.cy/en/business/cia-doubts-iran-is-close-to-collapse-despite-trump-claims-war-may-soon-end

A classified CIA assessment delivered to the US government this week has concluded that Iran could withstand a US naval blockade for at least three to four months before facing more serious economic strain, according to multiple US officials cited by The Washington Post....

9. A new wave of European instability

https://knews.kathimerini.com.cy/en/comment/opinion/a-new-wave-of-european-instability

Eleven countries are running deficits above 3%, with Romania, Poland, Belgium and France posting the weakest figures. Cyprus, Denmark, Ireland, Greece and Portugal remain among the surplus countries....

10. Cyprus economy still growing, but cracks may be starting to show

https://knews.kathimerini.com.cy/en/business/cyprus-economy-still-growing-but-cracks-may-be-starting-to-show

Cyprus’ economy continues to show steady growth, underlining its flexibility and resilience in the face of external shocks such as the ongoing Russia-Ukraine war and recent conflicts in the Middle East....

11. EU faces €459 billion budget gap while member states clash over spending priorities

https://knews.kathimerini.com.cy/en/business/eu-faces-€459-billion-budget-gap-while-member-states-clash-over-spending-priorities

The European Commission has placed the 27 member states before what it calls a “fiscal trilemma,” centered on the new European budget under discussion for the seven-year period 2028–2034, which is dividing partners during the energy crisis....

12. Government prepares energy relief measures as crisis reaches households

https://knews.kathimerini.com.cy/en/business/government-prepares-energy-relief-measures-as-crisis-reaches-households

The energy crisis triggered by the war in the Middle East has now reached the doorstep of every Cypriot household. Like other European governments, Cyprus is one step away from rolling out measures aimed at tackling soaring energy costs and the wider cost-of-living squeeze....

13. Fuel prices set to rise again as war-driven costs mount

https://knews.kathimerini.com.cy/en/news/fuel-prices-set-to-rise-again-as-war-driven-costs-mount

Another jump in fuel prices appears inevitable for Cyprus, the head of the island’s gas station association warned Thursday, as global tensions continue to push energy costs higher....

14. Cyprus urged to prepare for economic fallout from Iran tensions

https://knews.kathimerini.com.cy/en/news/cyprus-urged-to-prepare-for-economic-fallout-from-iran-tensions

Cyprus may soon start feeling the economic fallout from rising tensions involving Iran, with the country’s Fiscal Council warning that global developments could translate into higher prices and fresh pressure on households and businesses at home....

15. Cyprus moves to protect tourism as Government counters travel advisories

https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-protect-tourism-as-government-counters-travel-advisories

Tourism stakeholders in Cyprus will need to work hard in the coming months to prevent serious damage to the sector, which contributes more than 7 percent to the country’s GDP. ...

16. 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....

17. Cyprus executes most of 2025 budget as revenues trail borrowing drop

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....

18. Supermarket sales surge as shoppers keep spending

https://knews.kathimerini.com.cy/en/business/supermarket-sales-surge-as-shoppers-keep-spending

Cyprus’ supermarket sector closed out 2025 on a strong note, underscoring its resilience even in a fiercely competitive market....

19. 16 years for one case: Audit exposes shocking delays at Land Department

https://knews.kathimerini.com.cy/en/news/16-years-for-one-case-audit-exposes-shocking-delays-in-land-department

Serious systemic problems are undermining how state land is managed and how property rights are protected, according to a new special report by the Audit Office of Cyprus examining the Department of Lands and Surveys....

20. Cyprus plans to deliver 244 affordable new homes by year’s end

https://knews.kathimerini.com.cy/en/news/cyprus-plans-to-deliver-244-affordable-new-homes-by-year-s-end

The Cyprus Land Development Organization (KOAG) expects to deliver 244 new homes across the island by the end of 2026, the agency’s general director, Eleni Symeonidou, told lawmakers Monday during a parliamentary review of the organization’s budget....

21. Cyta posts €85 million profit as digital infrastructure investments accelerate

https://knews.kathimerini.com.cy/en/business/cyta-posts-€85-million-profit-as-digital-infrastructure-investments-accelerate

Cyprus’ state-owned telecommunications provider Cyta reported a sharp rise in profits in 2025 and outlined an ambitious new round of infrastructure investments as it presented its 2026 budget to Parliament on Monday....

22. Protected forests, questionable leases and lost millions

https://knews.kathimerini.com.cy/en/news/protected-forests-questionable-leases-and-lost-millions

A string of inconsistencies in how state-owned forest land is leased and managed has been uncovered by the Auditor General of the Republic of Cyprus, raising fresh questions about oversight, environmental protection, and lost public revenue....

23. Cyprus made money this summer, and spent a lot of it

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....

24. Real Madrid tops Deloitte Football Money League as clubs achieve record €12.4bn revenue

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. ...

25. Lidl Cyprus presents its new socioeconomic impact assessment for 2024

https://knews.kathimerini.com.cy/en/news/lidl-cyprus-presents-its-new-socioeconomic-impact-assessment-for-2024

Lidl Cyprus publishes this year's socioeconomic impact assessment, confirming its commitment to responsible entrepreneurship and creating substantial value for the Cypriot economy and society for yet another year....

26. Israel and Cyprus hold talks to finalize agreement on joint offshore natural gas field

https://knews.kathimerini.com.cy/en/business/israel-and-cyprus-hold-talks-to-finalize-agreement-on-joint-offshore-natural-gas-field

An Israeli government delegation is expected in Cyprus as part of ongoing efforts to finalize a bilateral agreement governing a shared offshore natural gas reservoir that spans the maritime zones of Israel and Cyprus....

27. After a year of silence, Cyprus returns to the markets for €1bn

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. ...

28. Who pays when public sector wages keep rising?

https://knews.kathimerini.com.cy/en/news/who-pays-when-public-sector-wages-keep-rising

Public sector wages remain the uncomfortable truth behind Cyprus’ 2026 state budget, which is heading for a final vote in the House of Representatives on Wednesday and is widely expected to be approved....

29. Cyprus shipping charts a course for growth

https://knews.kathimerini.com.cy/en/business/cyprus-shipping-charts-a-course-for-growth

Cyprus’s shipping sector demonstrated resilience in 2025, maintaining a 7% contribution to the country’s GDP and employing more than 9,000 people onshore, as well as 80,000 seafarers on vessels managed by Cyprus-based companies....

30. 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....

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