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/trump-wanted-to-buy-greenland-now-the-us-is-getting-expanded-security-rights
Donald Trump once wanted to buy Greenland. He later threatened to take the Danish territory by force. Now, the US president says Washington has secured a deal giving it permanent control over Greenland's security, while Denmark and Greenland insist that sovereignty remains where it is....
https://knews.kathimerini.com.cy/en/news/christodoulides-heads-to-new-york-with-cyprus-talks-and-energy-high-on-the-agenda
President Nikos Christodoulides is heading to New York for a packed week of meetings that will put the Cyprus issue, energy, regional security and climate change firmly on the agenda....
https://knews.kathimerini.com.cy/en/news/cyprus-to-double-funding-for-athletes-preparing-for-la-2028
Cyprus is set to double state funding for the preparation of its Olympic and Paralympic athletes, with €700,000 earmarked for preparations for the Los Angeles 2028 Games, President Nikos Christodoulides announced on Wednesday....
https://knews.kathimerini.com.cy/en/news/hospitals-schools-and-beaches-avoid-strike-disruption-for-now
If you had a hospital appointment, children at school, business at a government department, or plans for a final September swim, Thursday came with one less headache....
https://knews.kathimerini.com.cy/en/comment/opinion/it-s-alive
When Jacob Coxon, a researcher at Anthropic and former OpenAI employee, resigned noisily on X, he warned that artificial intelligence companies were playing with the lives not simply of people, but of humanity itself, in a race to build self-improving models....
https://knews.kathimerini.com.cy/en/business/finance-ministry-puts-hourly-workers-demands-at-€50m-as-strike-looms
The Finance Ministry has put the total cost of the demands submitted by unions representing hourly-paid workers at around €50 million over the three-year period of the proposed agreement, as a strike remains scheduled for Thursday, September 17....
https://knews.kathimerini.com.cy/en/news/companies-are-still-hiring-but-job-openings-have-fallen-by-a-fifth-since-last-year
If searching for a job suddenly feels a little more competitive, the latest numbers may help explain why....
https://knews.kathimerini.com.cy/en/business/cyprus-and-greece-open-the-door-to-new-business-deals
New business partnerships and joint ventures between Cyprus and Greece are in the pipeline across a broad range of economic sectors....
https://knews.kathimerini.com.cy/en/business/government-hourly-paid-staff-to-strike-on-thursday
More than 11,000 hourly-paid workers across government services, schools and public hospitals are set to strike on Thursday, September 17, in a dispute over pay and employment conditions....
https://knews.kathimerini.com.cy/en/business/lidl-and-wwf-reach-milestones-in-sustainable-sourcing-of-palm-oil
Lidl Cyprus has successfully achieved its ambitious palm oil certification target, marking a significant milestone in its strategic partnership with WWF Greece (World Wide Fund for Nature Greece). Today, 97% of the palm oil used in Lidl Cyprus’ own-brand products is certified by internationally recognized standards such as RSPO (Roundtable on Sustainable Palm Oil) or EU Organic.
...
https://knews.kathimerini.com.cy/en/news/government-chaos-over-the-power-cable
The president’s attempt to extinguish the latest fire surrounding the Cyprus-Europe electricity link through Crete—and clarify Nicosia’s position on the project—cannot be considered a success....
https://knews.kathimerini.com.cy/en/news/houthis-used-claude-ai-to-help-build-missile-guidance-systems
A cell believed to be linked to Yemen’s Houthi rebels used Claude AI to help develop the software needed to guide and control missiles, according to a new Anthropic threat report cited by the Financial Times....
https://knews.kathimerini.com.cy/en/business/brainrocket-s-cyprus-retreat-leaves-limassol-counting-the-cost
The BrainRocket signs have disappeared from Limassol, and behind them sits a much bigger question for Cyprus: How easy is it for the island to lose a major foreign employer?...
https://knews.kathimerini.com.cy/en/business/s-p-global-ratings-revises-freedom24-outlook-to-positive-highlighting-the-group-s-diversified-earnings-and-strong-capitalisation
Following an improved assessment of risk in the banking sector of Kazakhstan, Freedom Holding Corp.’s largest operating market, S&P Global Ratings has revised the outlook on the long-term issuer credit ratings of the group and its four core subsidiaries from stable to positive. The long- and short-term ratings on the operating subsidiaries were affirmed at BB-/B, while the rating on Freedom Holding Corp. was affirmed at B-. S&P also raised the Kazakhstan national-scale ratings on Freedom Finance JSC and Freedom Bank Kazakhstan JSC to kzA from kzA-....
https://knews.kathimerini.com.cy/en/business/three-major-deals-await-the-regulators-green-light
Three deals are currently awaiting regulatory approval. Although entirely different in nature, all three have one thing in common: they must pass through the supervisory process....
https://knews.kathimerini.com.cy/en/business/keravnos-big-companies-are-not-leaving-cyprus-over-15-tax-rule
Big companies are not packing their bags and leaving Cyprus because of the new global minimum tax, Finance Minister Makis Keravnos said Thursday, dismissing reports of a corporate exodus as speculation driven by ''individual voices.''...
https://knews.kathimerini.com.cy/en/news/agree-on-new-eu-taxes-or-pay-more-and-get-less-costa-warns
EU governments face a blunt choice: agree on new sources of income for the bloc, pay more from their national budgets, or accept cuts to programs they want to protect....
https://knews.kathimerini.com.cy/en/news/eu-prepares-fresh-russia-sanctions-after-alleged-drone-plot-at-german-airport
The European Union is preparing additional measures against Russia following Germany's accusation that Moscow was behind a failed drone attack targeting Leipzig/Halle Airport, an incident that has added fresh urgency to discussions about security on European soil....
https://knews.kathimerini.com.cy/en/news/prison-guard-assaulted-by-inmate-union-blames-staff-shortages
A prison guard was assaulted by an inmate while on duty on Wednesday, prompting the Isotita union to condemn the attack and accuse the state of failing to provide adequate safety for prison staff....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-hit-the-road-in-search-of-big-investors
The holidays are over, autumn is approaching, and the banks are getting back to business, focused on meeting the targets they have set. ...
https://knews.kathimerini.com.cy/en/news/cyprus-has-plenty-of-jobs-but-not-enough-workers
Employment in Cyprus is growing at a rapid pace, pushing unemployment close to record lows. This is positive for the country’s labor market, as it highlights the strength of the Cypriot economy and creates favorable prospects for growth. ...
https://knews.kathimerini.com.cy/en/business/€174-million-support-package-planned-to-shield-vulnerable-groups-from-energy-costs
Vulnerable households in Cyprus are set to receive €174 million in financial support between 2027 and 2032 as the government prepares for new European energy rules that are expected to increase fuel costs....
https://knews.kathimerini.com.cy/en/news/long-summers-short-school-days-is-cyprus-ready-for-an-education-shake-up
“We have an ambitious plan, but we are fully prepared to begin evaluating teachers as soon as schools reopen,” Education, Sports and Youth Minister Athina Michaelidou said in an interview with Kathimerini....
https://knews.kathimerini.com.cy/en/news/is-cyprus-backing-away-from-the-cable-meant-to-cut-electricity-bills
The agreement making French company Meridiam the majority shareholder in the company behind the Cyprus-Crete electricity interconnector has done nothing to ease the Cypriot government’s reservations about the project....
https://knews.kathimerini.com.cy/en/news/€610-million-plan-to-rebuild-cyprus-livestock-farming
Cyprus is considering a €610 million overhaul of its livestock industry after the foot-and-mouth disease crisis exposed serious weaknesses in the way farms operate....
https://knews.kathimerini.com.cy/en/news/nepal-floods-kill-469-over-1-300-missing-video
At least 469 people have been killed and more than 1,300 remain missing after a devastating flash flood tore through Nepal’s northern border region, wiping out villages, roads, bridges and power facilities....
https://knews.kathimerini.com.cy/en/news/nestor-plan-introduced-to-speed-up-motorway-accident-clearance
The NESTOR Plan was put into operation for the first time on Thursday following a serious road accident involving a heavy truck and a private vehicle, putting into practice a new procedure designed to restore traffic quickly after major incidents on Cyprus motorways....
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/cbc-to-decide-on-ecm-partners-€100m-plus-payabl-deal-in-october
The paperwork for ECM Partners’ planned purchase of half of payabl. has reached the Central Bank of Cyprus (CBC), which must approve the deal before it can go ahead. ECM Partners reached an agreement with payabl.’s shareholders last week....
