https://knews.kathimerini.com.cy/en/news/state-saves-€20-million-a-year-on-new-hires-starting-pay
The state saves €20.1 million annually by reducing entry-level pay scales for new civil service hires by 10%. The Finance Ministry has no intention of abolishing or revising the measure, which applies for 24 months....
https://knews.kathimerini.com.cy/en/news/heating-fuel-tax-cut-takes-effect-but-mps-push-for-more-relief
Heating fuel taxes fall by 6.39 cents a liter from today, Oct. 23, giving households some relief before winter, although MPs warned that the reduction would only partly ease the pressure of rising energy costs....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-launches-new-lidl-points-program-more-savings-and-maximum-flexibility
With the introduction of "Lidl Points" within the Lidl Plus app, Lidl Cyprus is offering its customers even more flexibility, freedom of choice, and opportunities to save on their daily shopping starting on Thursday, October 22, 2026. Users can collect valuable points with every purchase and redeem them individually for attractive rewards - in addition to the existing benefits and discount coupons already available in the Lidl Plus app.
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https://knews.kathimerini.com.cy/en/news/eight-bidders-€180-million-and-a-second-chance-for-cyprus-stalled-gas-terminal
Eight bidders, €180 million and one second chance for Cyprus’ failed gas terminal. The government is trying again to finish Vasiliko, a project meant to help bring down electricity costs that has instead become a costly lesson in delays....
https://knews.kathimerini.com.cy/en/news/up-to-€32-000-to-make-your-home-cheaper-to-heat-and-cool
If your home struggles to stay cool in summer and warm in winter, a new grant scheme could help cover improvements that reduce the energy it needs and potentially bring down the bills....
https://knews.kathimerini.com.cy/en/news/our-banks-are-worth-much-more-could-big-investors-come-knocking
Bank of Cyprus ranks among the world’s leading banks, according to Forbes magazine’s first annual ''World’s Top Performing Banks 2026'' ranking, compiled in partnership with market research company Statista....
https://knews.kathimerini.com.cy/en/news/that-€200-000-home-could-now-cost-you-€15-800-more
You save a little more each month, cut back where you can, and watch your house deposit grow. Then you look at property prices again, and the target has moved....
https://knews.kathimerini.com.cy/en/comment/opinion/when-economic-reality-collides-with-political-reality
The electoral cycle, with societies becoming increasingly polarized and divided, makes the situation even more difficult. Entrenched special interests, and their influence over political decisions, make difficult choices even harder to implement....
https://knews.kathimerini.com.cy/en/business/start-your-next-shop-from-your-fridge-lidl-cyprus-powerful-campaign-to-reduce-food-waste
A year after the "Our Strength" campaign, the company returns on the International Day of Awareness of Food Loss and Waste with a simple yet highly significant message for its customers—one that saves money and contributes substantially to reducing food waste.
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https://knews.kathimerini.com.cy/en/news/relief-is-coming-government-says-but-household-bills-are-not-waiting
For Cypriot households already watching the petrol gauge as closely as the supermarket receipt, the government’s message is simple: help is in place, and more is on the way....
https://knews.kathimerini.com.cy/en/business/national-guard-spends-€9-5m-on-food-but-73-of-soldiers-avoid-meals
More than €9.5 million was spent feeding National Guard soldiers in 2025, yet a new Audit Office report has found significant problems with food safety, meal quality, ordering practices and waste, with 73% of soldiers saying they avoid certain dishes....
https://knews.kathimerini.com.cy/en/news/trade-unions-warn-worker-leasing-may-be-linked-to-human-trafficking
Cyprus MPs are seeking answers from the authorities over allegations that workers are being illegally leased to businesses, with trade unions telling Parliament that some cases may be connected to human trafficking....
https://knews.kathimerini.com.cy/en/news/cyprus-state-sector-remains-large
The 2027 state budget, approved by the Cabinet this week, points to an effort to reduce the number of permanent public-sector positions. Even so, the state sector remains large....
https://knews.kathimerini.com.cy/en/news/global-lng-prices-up-150-while-cyprus-terminal-remains-unfinished
Europe is scrambling to secure enough natural gas for winter, with global prices soaring as supplies from Qatar remain trapped behind one of the world’s most dangerous shipping bottlenecks....
https://knews.kathimerini.com.cy/en/business/1-from-chatbots-to-co-workers
Three questions decide whether your AI investment compounds into operating advantage or evaporates into another round of pilots.
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https://knews.kathimerini.com.cy/en/news/ecb-raises-rates-again-as-cyprus-households-face-costlier-loans
If higher supermarket bills, electricity costs and petrol prices were not enough, some Cyprus households could now face another demand on their monthly budget: a more expensive loan....
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.
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https://knews.kathimerini.com.cy/en/business/cyber-fraud-the-cost-to-your-wallet-and-your-peace-of-mind
The consequences of cybercrime, online fraud, or email scams can be far-reaching, affecting both your finances and your peace of mind.
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https://knews.kathimerini.com.cy/en/news/25-year-old-held-after-18-people-hand-over-€500-000-for-crypto-investments
A 25-year-old man has been remanded in custody after 18 people told police they handed him more than €500,000 to invest in cryptocurrencies....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-is-cutting-down-inflation-and-reduces-prices-on-more-than-60-products
True to its long-standing commitment to providing meaningful support to consumers in the face of ongoing inflationary pressures, Lidl Cyprus announces its new initiative, “Cutting Down Inflation.”...
https://knews.kathimerini.com.cy/en/business/cyprus-economy-grows-3-3-but-is-it-reaching-your-pocket
Cyprus’ economy grew by 3.3% in the second quarter of 2026, comfortably outperforming the eurozone, but that does not necessarily mean every household is feeling richer....
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/news/forced-to-retire-then-charged-for-it-cyprus-workers-challenge-12-pension-cut
Imagine being told by law that you must retire, and then having your pension reduced because you retired ''early.''...
https://knews.kathimerini.com.cy/en/business/back-to-school-with-lidl-plus-competition
From August 24 to September 20, Lidl Cyprus marks the new academic year by offering 15 Lenovo LOQ laptops and 15 Apple iPads Pro 11, thus supporting students in their new beginning.
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https://knews.kathimerini.com.cy/en/business/consumer-group-finds-mixed-supermarket-price-trend-in-late-july
The Cyprus Consumers Association says supermarket prices showed a mixed picture during the second half of July, with hundreds of products becoming more expensive while price reductions were recorded across an even larger number of items....
https://knews.kathimerini.com.cy/en/news/what-could-change-for-your-pensions-with-the-new-reform
The finishing touches are being put on the pension reform bill today. Labour Minister Marinos Mousiouttas is presenting the proposed measures to Finance Minister Makis Keravnos, with the aim of securing final approval and assessing their impact on public finances....
https://knews.kathimerini.com.cy/en/news/cypriots-save-but-banks-pay-little-in-return
Cypriots who keep their savings in the bank are receiving very little in return, despite paying considerably higher interest when they need to borrow money....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-emerges-as-no-1-in-best-price-quality-ratio-for-the-3rd-time
The best price-quality ratio is not just a title, but a reflection of the daily experience of consumers who choose Lidl Cyprus for their shopping. A confirmation of this experience comes through a significant distinction, once again, as the company emerges as “No. 1 in best price-quality ratio” for the 3rd time....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-was-named-winner-of-cyprus-best-digital-bank-at-the-euromoney-awards-for-excellence-2026
Bank of Cyprus was named winner of Cyprus’ Best Digital Bank at the Euromoney Awards for Excellence 2026. The evaluation period ran from 1 January 2025 to 31 December 2025....
https://knews.kathimerini.com.cy/en/business/from-chatbots-to-co-workers-why-companies-struggle-to-capture-the-value
The leaders are pulling away on cost, on growth, on margin. The gap is not a technology gap, it is an operating-model gap. Three failures explain the gap, and the leaders have designed around all three....
