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12° Nicosia,
24 August, 2026
 

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Displaying results 1-30 of 236 matches for query surplus.

1. Marinos Mousiouttas: ''Fairness for today’s retirees, security for tomorrow’s pensioners''

https://knews.kathimerini.com.cy/en/news/marinos-mousiouttas-fairness-for-today-s-retirees-security-for-tomorrow-s-pensioners

Labour and Social Insurance Minister Marinos Mousiouttas explains the government’s proposed pension reform to Kathimerini....

2. Pension reform could increase monthly payments for 50,000 pensioners by more than €100

https://knews.kathimerini.com.cy/en/news/pension-reform-could-increase-monthly-payments-for-50-000-pensioners-by-more-than-€100

Around 50,000 pensioners could receive more than €100 extra each month under the government's proposed changes to Cyprus' pension system, Labour Minister Marinos Mousiouttas said on Wednesday....

3. Retiring at 63? Your pension penalty could drop from 12% to 8%

https://knews.kathimerini.com.cy/en/news/retiring-at-63-your-pension-penalty-could-drop-from-12-to-8

The submission of the pension reform bill to the social partners marks the beginning of the final stage of a long-running effort to modernize Cyprus’ social insurance system....

4. Nikos Christodoulides: Expectation vs. result

https://knews.kathimerini.com.cy/en/news/nikos-christodoulides-expectation-vs-result

If the President decides to run for a second term, as all signs suggest he will, he cannot go back to voters in 2028 relying on the same sense of promise that brought him to power in 2023. By 2028, he will need concrete results, measured directly against his initial campaign promises....

5. US lawmakers push Washington to back power cable linking island to Europe

https://knews.kathimerini.com.cy/en/news/us-lawmakers-push-washington-to-back-power-cable-linking-island-to-europe

For households used to opening their electricity bills with one eye closed, an undersea cable promising to connect the island to Europe’s power grid sounds important, and a group of US lawmakers agrees....

6. Financial instability in the occupied area threatens future reunification plans

https://knews.kathimerini.com.cy/en/business/financial-instability-in-the-occupied-area-threatens-future-reunification-plans

Up until now, all parties, including the Greek Cypriot side, have operated under the assumption that they don't need to tackle the fiscal viability of the successor state in the occupied area. That mindset is dangerous, especially when the necessary fixes aren't actually out of reach, so long as someone takes action....

7. What could change for your pensions with the new reform?

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....

8. French investor throws its weight behind Cyprus-Greece power cable

https://knews.kathimerini.com.cy/en/news/french-investor-throws-its-weight-behind-cyprus-greece-power-cable

After months of uncertainty over whether the much-discussed electricity cable between Cyprus and Greece would actually move forward, a major French investor has entered the picture, and it is taking control....

9. Electricity: The lost opportunity

https://knews.kathimerini.com.cy/en/comment/opinion/electricity-the-lost-opportunity

A healthy electricity market requires a sustainable electricity grid as basic infrastructure for the safe, reliable, and efficient operation of the system....

10. Former energy minister blames EAC and CERA for Cyprus power shortages

https://knews.kathimerini.com.cy/en/news/former-energy-minister-blames-eac-and-cera-for-cyprus-power-shortages

Speaking to Kathimerini Cyprus, the former Energy Minister notes that he expected far more political backing on energy matters, suggesting that his efforts to cap the sale price of renewable energy ruffled a few feathers....

11. The Republic of Cyprus is being held hostage by its own energy crisis

https://knews.kathimerini.com.cy/en/news/the-republic-of-cyprus-is-being-held-hostage-by-its-own-energy-crisis

Energy Minister Michalis Damianos recently advised citizens to remain patient while the Transmission System Operator Cyprus (TSOC) rolls out scheduled blackouts during heatwaves over 40 degrees Celsius. Unsurprisingly, these comments met with anger and outrage....

12. Traditional banks are funding more shadow loans

https://knews.kathimerini.com.cy/en/business/traditional-banks-are-funding-more-shadow-loans

While lending increasingly grows in a demanding environment with geopolitical developments affecting the region and by extension Cyprus, the boundaries between traditional and shadow banking are becoming more and more blurred....

13. ESM report says Cyprus and Greece are the only eurozone countries expected to reduce debt through 2035

https://knews.kathimerini.com.cy/en/business/esm-report-says-cyprus-and-greece-are-the-only-eurozone-countries-expected-to-reduce-debt-through-2035

About half of the euro area countries, including the five member states that received assistance from the European Stability Mechanism (ESM), among them Cyprus, succeeded in reducing public debt and cutting deficits after the pandemic, thanks to the steady economic recovery and growing tax revenues....

14. Israel launches fifth offshore bidding round to expand natural gas reserves

https://knews.kathimerini.com.cy/en/business/israel-launches-fifth-offshore-bidding-round-to-expand-natural-gas-reserves

Israel has launched its fifth offshore bidding round to explore for additional natural gas within its economic waters, an initiative aimed at expanding domestic reserves and securing a larger footprint in the regional export market....

15. From chatbots to co-workers

https://knews.kathimerini.com.cy/en/business/from-chatbots-to-co-workers

AI is no longer a productivity tool. For the small group of organisations that have done the work, it has become the single largest source of operating leverage on their P&L....

16. Cyprus installs first big battery systems to cut solar power cuts

https://knews.kathimerini.com.cy/en/news/cyprus-installs-first-big-battery-systems-to-cut-solar-power-cuts

The signing of contracts for Cyprus’ first central electricity storage systems marks a major step toward reducing the solar energy that is currently being wasted from both residential and commercial photovoltaic systems....

17. Cyprus finally finds a way to stop wasting its solar energy

https://knews.kathimerini.com.cy/en/news/cyprus-finally-finds-a-way-to-stop-wasting-its-solar-energy

Cyprus is set to take a major step toward solving one of its most frustrating energy problems, the fact that a large share of solar power produced on sunny days simply goes to waste because the grid cannot absorb it....

18. Cyprus defies Europe’s population decline as ageing crisis accelerates across EU

https://knews.kathimerini.com.cy/en/news/cyprus-defies-europe-s-population-decline-as-ageing-crisis-accelerates-across-eu

Cyprus is expected to become one of the few European Union countries with a larger population by the end of the century, even as Europe as a whole faces long-term decline and rapid ageing. ...

19. Yonadav Buber at Green Agenda 2026

https://knews.kathimerini.com.cy/en/news/yonadav-buber-at-green-agenda-2026

The Green Agenda Cyprus Summit, the largest sustainability conference in Cyprus, returns to Nicosia on June 4, 2026, under the central theme ''Transition as a responsibility (not a trend),'' bringing together leading figures from the fields of sustainable development and innovation....

20. Ex-MP blasts solar power ''deception'' after repeated photovoltaic shutdowns

https://knews.kathimerini.com.cy/en/news/ex-mp-blasts-solar-power-deception-after-repeated-photovoltaic-shutdowns

Former Cypriot MEP and doctor Eleni Theocharous has sparked fresh debate over Cyprus’s solar energy system after accusing authorities and energy officials of misleading the public about the benefits of household photovoltaics....

21. 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....

22. Parliament rules: No more wasted solar power

https://knews.kathimerini.com.cy/en/news/parliament-rules-no-more-wasted-solar-power

In a move that will come as a relief to thousands of households across Cyprus, Parliament has stepped in to stop extra solar energy from simply disappearing....

23. No more ''borrowing” from pension fund, government says

https://knews.kathimerini.com.cy/en/news/no-more-borrowing-from-pension-fund-government-says

A long-standing distortion in Cyprus’ social insurance fund is finally being addressed as the government moves to ''freeze'' its growing debt to the fund and shift its investment strategy to an independent authority....

24. Cyprus moves to end state borrowing from Social Insurance Fund in pension reform plan

https://knews.kathimerini.com.cy/en/business/cyprus-moves-to-end-state-borrowing-from-social-insurance-fund-in-pension-reform-plan

Cyprus is moving forward with changes to its pension system, with discussions now focusing on both the Social Insurance Fund and Provident Funds. ...

25. Cyprus forest growth outpaces logging but ranks among lowest in EU

https://knews.kathimerini.com.cy/en/news/cyprus-forest-growth-outpaces-logging-but-ranks-among-lowest-in-eu

Cyprus’ forests continued to grow faster than they were harvested in 2023, maintaining a positive balance between natural expansion and timber extraction, according to the latest data from Eurostat....

26. 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....

27. Cyprus’s credit rating boosted as public debt drops and economy strengthens

https://knews.kathimerini.com.cy/en/business/cyprus-s-credit-rating-boosted-as-public-debt-drops-and-economy-strengthens

Cyprus’s long-term sovereign credit rating has been upgraded by Scope Ratings to A from A-, with a stable outlook, reflecting sharp falls in public debt, ongoing budget surpluses, and a stronger banking sector....

28. The President’s band-aid solutions

https://knews.kathimerini.com.cy/en/comment/opinion/the-president-s-band-aid-solutions

The President, in the so-called State of the Union, was less pompous than in previous years and attempted to highlight the three areas society records as positives for the government and for himself. Once again, he lined up secondary measures, band-aids, to treat deep-rooted pathologies that require radical therapies....

29. 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....

30. 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. ...

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