https://knews.kathimerini.com.cy/en/business/boc-reports-€220-million-profit-for-first-half-of-2023
Bank of Cyprus Group has reported a robust profit after tax of €220 million for the first half of 2023, a significant leap from the €43 million recorded in the same period of 2022. Notably, €125 million of these profits were achieved in the second quarter of 2023....
https://knews.kathimerini.com.cy/en/business/barbie-smashes-box-office-records-by-crossing-$1-billion-mark
It's one thing to look like a million bucks, and it's another to make a billion. On Sunday, August 6, Greta Gergwig's Barbie officially surpassed $1 billion at the global box office. That's a whole lotta dream houses....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-population-surge-9-9-growth-in-a-decade
Cyprus' population recorded an increase of 9.9% in the period between 2011 and 2021, according to the preliminary results of the Census of Population and Housing 2021, published by the Statistical Service on Friday....
https://knews.kathimerini.com.cy/en/business/cyprus-approves-€35m-plan-for-high-speed-internet-in-rural-areas
Cyprus Commissioner for state aid control Stella Michaelidou announced the approval of a €35-million subsidy scheme aiming to create very high capacity network (VHCN) connectivity in mainly rural areas that do not attract private sector interest....
https://knews.kathimerini.com.cy/en/news/cyprus-universities-earn-impressive-global-rankings
The countdown begins for the new academic year 2023-2024, and university helplines are buzzing with inquiries about registrations, place reservations, and freshmen curriculums. By the end of this month, the allocation of freshmen to universities will be clarified, as the Ministry of Education expects around 3,000 candidates...
https://knews.kathimerini.com.cy/en/business/corporate-loans-above-€1-million-surge
The net new loans (excluding restructurings) in Cyprus amounted to €1.73 billion in the first half of 2023, showing a slight annual increase of 1.26%. The continuous interest rate hikes by the European Central Bank significantly slowed down the granting of housing loans....
https://knews.kathimerini.com.cy/en/news/cyprus-issues-travel-advisory-for-niger-amid-security-concerns
The Ministry of Foreign Affairs (MFA) issued a travel advisory on Wednesday, urging Cypriot citizens to refrain from non-essential travel to Niger, effective from August 1....
https://knews.kathimerini.com.cy/en/news/typhoon-doksuri-hits-china-31-000-forced-to-flee
Two people are reported to have died in severe flooding that has engulfed parts of Beijing, as Typhoon Doksuri passed through China’s capital....
https://knews.kathimerini.com.cy/en/news/italy-ends-social-income-for-its-poorest-citizens
The government of Prime Minister Georgia Meloni has decided to halt the granting of ''social income'' to unemployed and low-income citizens in Italy, starting August 1....
https://knews.kathimerini.com.cy/en/news/growing-up-in-refugee-camps
The painful experience of being violently uprooted, the worry about finding temporary shelter until they could return home, and the hardships faced in refugee camps – which turned into months and even years – are deeply etched in the memories and hearts of the refugees....
https://knews.kathimerini.com.cy/en/news/amsterdam-crowned-ultimate-tourist-hotspot-in-europe
Amsterdam has been announced as Europe’s best capital city destination to visit as a tourist in 2023, leaving behind popular destinations like Rome, Paris, and London....
https://knews.kathimerini.com.cy/en/news/cyprus-on-high-alert-at-42°c
The Meteorological Service of Cyprus has issued a warning for an impending heatwave, with temperatures soaring up to 42 degrees Celsius on Friday....
https://knews.kathimerini.com.cy/en/business/4-building-land-for-sale-by-astrobank
AstroBank has listed building land for sale in the districts of Paphos, Nicosia and Larnaca....
https://knews.kathimerini.com.cy/en/news/the-day-when-time-stood-still-in-cyprus
Exactly 49 years ago, on July 20, 1974, the once peaceful Mediterranean island of Cyprus experienced the violent invasion of the Turkish army, leaving behind death, destruction, and despair....
https://knews.kathimerini.com.cy/en/business/npl-crisis-highlights-tug-of-war-between-borrowers-and-legislation
The concealment, or "camouflage," of non-performing loans (NPLs) in commercial banks before 2013 and their subsequent explosion have been, and may continue to be, the most significant challenge for the Cypriot economy. ...
https://knews.kathimerini.com.cy/en/news/new-rule-in-nyc-fines-imposed-for-takeout-extras
In an effort to reduce plastic use, New York will start fining restaurants and third-party delivery services that provide disposable utensils, soy sauce packets, and similar items without the customer requesting them....
https://knews.kathimerini.com.cy/en/news/cyprus-parliament-rejects-bills-on-borrowers-rights
The Cyprus Parliament voted against two non-government bills regarding borrowers' rights on Thursday, disregarding warnings from the government and the Central Bank about potential threats to the stability of the financial sector....
https://knews.kathimerini.com.cy/en/news/applications-open-for-rent-in-exchange-program
"The submission of applications for the 'Rent in Exchange for Installment' program will begin in October," said Ioanna Markidou, Chief Economist A' at the Ministry of Finance, in a statement to CNA....
https://knews.kathimerini.com.cy/en/business/1-building-and-agricultural-land-for-sale-by-astrobank
https://knews.kathimerini.com.cy/en/business/leptos-estates-earns-prestigious-european-property-awards-in-london
https://knews.kathimerini.com.cy/en/business/transformative-identities-new-conceptual-exhibition-in-minthis
https://knews.kathimerini.com.cy/en/news/relief-for-vulnerable-households-with-non-performing-loans
The ''Rent vs Instalment Scheme'' was approved by the Council of Ministers today, as announced by Government Spokesperson Konstantinos Letymbiotis following the conclusion of the Council. The European Commission's Directorate General for Competition also granted approval on July 6....
https://knews.kathimerini.com.cy/en/news/cyprus-population-reverses-decline-shows-growth
The population of the European Union has increased again after two years of decrease according to data published by Eurostat, the statistical service of the EU, on the occasion of World Population Day.
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https://knews.kathimerini.com.cy/en/news/proposed-foreclosure-reforms-spark-debate-in-cyprus
Three proposals will be discussed at the last Plenary Session of the House of Representatives before the summer recess, along with three scenarios regarding the outcome of the foreclosure framework....
https://knews.kathimerini.com.cy/en/news/contentious-foreclosure-legislation-sparks-debate-in-parliament
The issue of foreclosures remains unresolved and will be the focal point of the upcoming plenary session on Thursday, July 13. ...
https://knews.kathimerini.com.cy/en/life/micro-louis-vuitton-onthego-tote-sells-for-$63-000
Handbags come in tons of different sizes. There are huge totes, tiny clutches, and the practical kind of purses that Queen Elizabeth used to wear in the crook of her elbow....
https://knews.kathimerini.com.cy/en/news/parliament-approves-foreclosure-law
A significant mobilization by the Government and the Central Bank of Cyprus took place this week regarding the framework of foreclosures, primarily to withdraw the "problematic" proposal that, according to the state and banks, would have negative consequences for the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/asylum-seeker-returns-to-exceed-4-300
Returns of asylum seekers so far in 2023 have exceeded 4,370 and are significantly higher compared to last year when they were 2,353, the Minister of Internal Affairs Constantinos Ioannou has said....
https://knews.kathimerini.com.cy/en/news/the-government-s-seven-proposals-for-vulnerable-individuals
Finance Minister Makis Keravnos submitted seven government actions aimed at addressing issues related to non-performing loans to Parliament yesterday....
https://knews.kathimerini.com.cy/en/news/€2-500-allocated-for-bus-stop-development-amid-outrage
Pictures that have come to light in recent days have stirred up a wave of anger. One shows an elderly woman waiting for the bus at a shelterless stop in the July heat, leaning on a lamppost and holding her cane and shopping bags in her hands....