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12° Nicosia,
14 December, 2025
 

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Displaying results 1-30 of 470 matches for query state budget.

1. From ''no alcohol'' to ''VIP only'': Saudi loosens rules for wealthy expats

https://knews.kathimerini.com.cy/en/news/from-no-alcohol-to-vip-only-saudi-loosens-rules-for-wealthy-expats

Saudi Arabia, a country that has banned alcohol for more than 70 years, is quietly letting a new group buy booze, not just diplomats, but wealthy foreigners who can afford an elite ''premium residency.''...

2. EU rocked by corruption scandal

https://knews.kathimerini.com.cy/en/news/eu-rocked-by-corruption-scandal

The arrests of former EU High Representative Federica Mogherini and veteran EU technocrat Stefano Sannino on charges of public procurement fraud and corruption have sent shockwaves through European institutions,...

3. €700 million boosts Cyprus’s green transition under THALEA 2021-2027

https://knews.kathimerini.com.cy/en/business/€700-million-boosts-cyprus-s-green-transition-under-thalea-2021-2027

The multiannual Cohesion Policy Program THALEA 2021-2027 serves as the backbone of Cyprus’s development strategy for the current programming period....

4. MPs slam €4M airport photo radar plan

https://knews.kathimerini.com.cy/en/news/mps-slam-€4m-airport-photo-radar-plan

Lawmakers are sounding the alarm over a €4 million plan to expand Cyprus’ ''photo radar'' system, which automatically issues fines for traffic violations. The controversy? Parts of it, including at airports, could be running without proper legal approval....

5. EU presidency nears, Metsola visits to align priorities

https://knews.kathimerini.com.cy/en/news/eu-presidency-nears-metsola-visits-to-align-priorities

With just one month to go before Cyprus takes over the rotating presidency of the Council of the European Union, President Nikos Christodoulides unveiled the country’s priorities during a high-level visit by European Parliament President Roberta Metsola on Monday....

6. New bank tax could ease the pinch on families, but who’s behind it?

https://knews.kathimerini.com.cy/en/news/new-bank-tax-could-ease-the-pinch-on-families-but-who-s-behind-it

A year after narrowly losing a vote in parliament, AKEL is back with a new proposal to impose an emergency tax on banks for 2025 and 2026, calling it a “solidarity levy” aimed at helping everyday Cypriots cope with rising costs....

7. 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....

8. Eurobank to begin trading on Cyprus Stock Exchange in December 2025

https://knews.kathimerini.com.cy/en/business/eurobank-to-begin-trading-on-cyprus-stock-exchange-in-december-2025

In December 2025, Eurobank’s shares are set to start trading on the Cyprus Stock Exchange (CSE) in a “dual listing,” meaning they will continue trading simultaneously on the Athens Stock Exchange (ATHEX)....

9. In Turkey’s ''new era,'' Cyprus remains the red line

https://knews.kathimerini.com.cy/en/news/in-turkey-s-new-era-cyprus-remains-the-red-line

Turkey’s foreign minister, Hakan Fidan, used a budget-committee hearing in Ankara to sketch out Ankara’s foreign-policy priorities, from its fragile thaw with Greece to long-standing disputes in the Aegean and the future of the Cyprus talks....

10. €700,000 donation raises eyebrows at First Lady’s social support agency

https://knews.kathimerini.com.cy/en/news/€700-000-donation-raises-eyebrows-at-first-lady-s-social-support-agency

A €700,000 donation to the First Lady’s Independent Social Support Agency (ISSB) has drawn fresh scrutiny, with the Auditor General warning that private contributions could give the appearance of influence when donors are also doing business with the State....

11. Archdiocese to launch baby bonus for families with a third child

https://knews.kathimerini.com.cy/en/news/archdiocese-to-launch-baby-bonus-for-families-with-a-third-child

Cyprus’ Archdiocese is stepping in where the state has struggled by offering families a little financial push to have more children....

12. Young Cypriots struggle to leave home as state housing aid nears €80 million

https://knews.kathimerini.com.cy/en/business/young-cypriots-struggle-to-leave-home-as-state-housing-aid-nears-€80-million

Cyprus’s housing crisis, mirroring a wider European struggle, has left young people increasingly unable to move out of their parents’ homes....

13. Old GSP will become Nicosia’s go-to hub for services, shops, and green spaces

https://knews.kathimerini.com.cy/en/business/old-gsp-to-become-nicosia-s-go-to-hub-for-services-shops-and-green-spaces

By the end of 2026, Nicosians will be able to visit the old GSP site for a full range of services, shopping, and recreation in one spot. ...

14. US senators move to extend Cyprus arms embargo lift to five years

https://knews.kathimerini.com.cy/en/news/us-senators-move-to-extend-cyprus-arms-embargo-lift-to-five-years

A bipartisan team of U.S. senators is pushing to make the lifting of America’s arms embargo on Cyprus last five years instead of one, a move seen as a strong signal of Washington’s growing trust in Nicosia....

15. Politics Blog: Trump’s Nobel dreams, Erdogan’s “beautiful wife,” and Cyprus in the middle

https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-trump-s-nobel-dreams-erdogan-s-beautiful-wife-and-cyprus-in-the-middle

Our Letymbiotis told us about an invitation from Sisi, the President of Egypt. But apparently that wasn’t glamorous enough, so young Nikos said instead that the invitation had come from Trump. ...

16. Von der Leyen survives censure votes while Hungary faces espionage claims

https://knews.kathimerini.com.cy/en/news/von-der-leyen-survives-censure-votes-while-hungary-faces-espionage-claims

European Commission President Ursula von der Leyen has emerged politically strengthened after surviving two motions of censure in the European Parliament, but faces ongoing scrutiny over EU policies and allegations of espionage involving Hungary....

17. U.S. shutdown curbs embassy communications in Cyprus as 750,000 federal workers furloughed

https://knews.kathimerini.com.cy/en/news/u-s-shutdown-curbs-embassy-communications-in-cyprus-as-750-000-federal-workers-furloughed

The U.S. Embassy in Cyprus announced that its social media accounts will not be updated regularly during the U.S. government shutdown, except for urgent safety and security information...

18. Cyprus state payroll to rise €153 million in 2026 budget

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....

19. Finance Minister warns GSI Project may be infeasible, making its funding risky

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....

20. Graham Fink at the Digital Agenda Cyprus Summit 2025

https://knews.kathimerini.com.cy/en/news/graham-fink-at-the-digital-agenda-cyprus-summit-2025

The Digital Agenda Cyprus Summit, the country’s flagship conference on technology, innovation, and society, returns on October 9, 2025, at the Nicosia Municipal Theatre. One of this year’s speakers is Graham Fink, a globally renowned creative visionary, who will explore ‘AI’s Role in Creativity.’...

21. France’s prime minister ousted as political turmoil deepens

https://knews.kathimerini.com.cy/en/news/france-s-prime-minister-ousted-as-political-turmoil-deepens

French Prime Minister François Bayrou resigned Tuesday after losing a crushing confidence vote in parliament, the third head of government toppled in 14 months....

22. Cyprus, EU discuss doubling border security support ahead of presidency

https://knews.kathimerini.com.cy/en/news/cyprus-eu-discuss-doubling-border-security-support-ahead-of-presidency

Cyprus Finance Minister Makis Keravnos and EU Commissioner Piotr Serafin met Thursday to discuss border protection and Cyprus’ upcoming EU Council Presidency....

23. Paphos turns derelict hotels into low-cost hostels for students and young professionals

https://knews.kathimerini.com.cy/en/news/paphos-turns-derelict-hotels-into-low-cost-hostels-for-students-and-young-professionals

The city of Paphos is transforming crumbling buildings in its historic center into affordable housing, aiming to provide relief to students and young professionals priced out of the local rental market....

24. Paphos–Polis motorway stuck in neutral

https://knews.kathimerini.com.cy/en/news/paphos–polis-motorway-stuck-in-neutral

A project meant to link Paphos with Polis Chrysochous has become one of Cyprus’ most notorious construction headaches, mired in legal battles, ballooning costs, and government missteps that have left it frozen for decades....

25. Spain faces worst wildfires in 45 years, thousands evacuated

https://knews.kathimerini.com.cy/en/news/spain-faces-worst-wildfires-in-45-years-thousands-evacuated

Spain is battling its most destructive wildfires in 45 years after more than 120,000 hectares burned across the north and west in a single day, officials said....

26. Cyprus court strikes down law mandating countdown timers at traffic lights

https://knews.kathimerini.com.cy/en/news/cyprus-court-strikes-down-law-mandating-countdown-timers-at-traffic-lights

The Supreme Constitutional Court ruled Monday that a 2025 law requiring the installation of countdown timers at traffic lights equipped with photo-enforcement cameras is unconstitutional, citing a violation of fiscal policy provisions and executive authority....

27. Cyprus entices the modern traveler with authentic, year-round experiences

https://knews.kathimerini.com.cy/en/business/cyprus-entices-the-modern-traveler-with-authentic-year-round-experiences

Cyprus is aiming to attract a new generation of travelers, demanding, conscious, and experience-driven, through its National Tourism Strategy, according to officials....

28. Millions in Cyprus pollution fees diverted from green goals, critics say

https://knews.kathimerini.com.cy/en/news/millions-in-cyprus-pollution-fees-diverted-from-green-goals-critics-say

Cyprus has collected hundreds of millions of euros in pollution fees over recent years, costs passed on to electricity consumers, yet much of that revenue is not being directed toward climate or clean energy projects as mandated by the European Union, raising concerns among environmental experts....

29. Eurobank Group to Build Care Centre and Independent Living Residences for People with Disabilities

https://knews.kathimerini.com.cy/en/news/eurobank-group-to-build-care-centre-and-independent-living-residences-for-people-with-disabilities

In a firm commitment to social inclusion and care of vulnerable groups, Eurobank is reinforcing its social role by announcing the development of a Day Care Centre for People with Disabilities over the age of 21, along with two Independent Living Residences for adults with autism....

30. Free cabin bags could soon be law in the EU, but airlines aren’t happy

https://knews.kathimerini.com.cy/en/news/free-cabin-bags-could-soon-be-law-in-the-eu-but-airlines-aren-t-happy

Those frustrating extra fees for carrying a small bag onto a flight may soon be grounded, for good....

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