https://knews.kathimerini.com.cy/en/news/former-central-bank-governor-reflects-on-achievements-and-future-plans
In an exclusive interview with Andreas Kimitris of Kathimerini, former Cyprus Central Bank Governor Constantinos Herodotou delved into various aspects of his tenure and the hurdles encountered during his term. ...
https://knews.kathimerini.com.cy/en/news/cyprus-reports-€133-1-million-increase-in-march-loans
In March, both total deposits and loans saw an upward trend, with liquidity (the difference between loans and deposits) exceeding €27 billion, according to statistics on deposits and loans from Monetary Financial Institutions published today by the Central Bank of Cyprus.
...
https://knews.kathimerini.com.cy/en/news/court-postpones-hearing-on-disputed-monastic-funds
The Nicosia Provincial Court on Friday postponed the examination process of the application to cancel the warrants of confiscation of the property of the monks of the Holy Monastery of St. Avvakoum, including the sum of 807,000 euros....
https://knews.kathimerini.com.cy/en/news/the-birth-of-bank-of-cyprus-in-1899
The narrative of the Bank of Cyprus, the venerable cornerstone of the island's financial landscape, traces its origins back to January 1, 1899. This pivotal moment heralded a new era not only for Cyprus's economy but also for its societal fabric....
https://knews.kathimerini.com.cy/en/business/€182m-deal-marks-hellenic-s-strategic-move-into-insurance-sector
CNP Cyprus, the subsidiary of the French insurance giant CNP Assurances, is finally being transferred to Hellenic Bank for €182 million....
https://knews.kathimerini.com.cy/en/news/new-investment-frontier-opens-for-citizens
Citizens now have access to and can invest in bonds issued by the Republic of Cyprus. In a recent auction by the Public Debt Management Office......
https://knews.kathimerini.com.cy/en/news/outer-space-arms-race-looms-as-russia-blocks-un-resolution
Russia has vetoed a resolution at the UN Security Council calling on all countries to prevent an arms race in outer space.
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https://knews.kathimerini.com.cy/en/business/€17-million-worth-of-grants-for-big-businesses
The EU's Recovery and Resilience Plan is charging ahead, with the Department of Energy, Trade, and Industry (DTI) launching a call for applications under the 'Grant Scheme for the Energy Upgrading and Competitiveness of Large Enterprises'....
https://knews.kathimerini.com.cy/en/news/government-unveils-ambitious-housing-strategy-minister-ioannou-reveals
The government has set the people and their servicing without undue inconvenience at the core of its policies, Minister of the Interior Constantinos Ioannou said on Tuesday, adding the Ministry is working on issuing of public documents the Civil Registry Department.
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https://knews.kathimerini.com.cy/en/news/confusion-clouds-real-estate-policies-in-cyprus
In the current real estate landscape, confusion reigns supreme, even surpassing the realm of uncertainty, according to an op-ed written by Andreas Andreou, CEO of APS Andreou Property Strategy - Chartered Surveyors. ...
https://knews.kathimerini.com.cy/en/news/cyprus-ends-2023-with-€918-7-million-fiscal-surplus
Cyprus's financial report card for 2023 is in, and it's showing some positive signs. According to the Statistical Service of Cyprus, the country ended the year with a fiscal surplus of €918.7 million. That's like having extra money left over after paying all the bills....
https://knews.kathimerini.com.cy/en/comment/opinion/spain-and-greece-face-dire-drought-conditions
“The tourism sector has to adapt to the situation we are experiencing, which is absolutely abnormal,” a member of the Catalan government told the Financial Times......
https://knews.kathimerini.com.cy/en/news/nicosia-ring-road-faces-setbacks-delays-and-budget-overruns
The Nicosia Ring Road project, a cornerstone of infrastructure development in Cyprus, has encountered significant setbacks, including delays and budget overruns, casting a shadow over its completion prospects and anticipated benefits, according to a report by Apostolos Tomaras in Kathimerini's Sunday edition....
https://knews.kathimerini.com.cy/en/news/cypriot-banks-predicted-to-surpass-€1-2-billion-profits-in-2024
In a landmark year, Cypriot banks soared to unprecedented heights, boasting profits exceeding €1.1 billion in 2023....
https://knews.kathimerini.com.cy/en/news/lost-promises-missed-chances-secrets-behind-cyprus-eu-entry
In an exclusive interview with Kathimerini's Marina Economidou, Gunter Verheugen sheds light on the intricacies of negotiations surrounding the Cyprus problem at Burgenstock....
https://knews.kathimerini.com.cy/en/news/syrian-population-in-cyprus-now-at-around-30-000
Approximately 30,000 Syrians currently reside in the Republic of Cyprus, either under subsidiary protection status or illegally, according to data from the Ministry of Interior. ...
https://knews.kathimerini.com.cy/en/news/tehran-avoids-escalating-conflict-with-israel
Explosions echoed over an Iranian city on Friday in what sources described as an Israeli attack, but Tehran played down the incident and indicated it had no plans for retaliation - a response that appeared gauged towards averting region-wide war....
https://knews.kathimerini.com.cy/en/news/cyprus-government-under-fire-for-multiple-pension-issue
The ongoing debate over multiple pensions for former and current state officials has taken center stage in Cyprus, with the government facing criticism from political parties and the Audit Office....
https://knews.kathimerini.com.cy/en/news/mfa-audit-uncovers-misuse-of-public-funds-and-abuse-of-power
A recent audit conducted by the Audit Service of the Ministry of Foreign Affairs (MFA) has revealed instances of misappropriation of public money and abuse of power spanning the years 2021 and 2022....
https://knews.kathimerini.com.cy/en/business/alternative-investments-and-portfolio-diversification
In contrast to traditional investments in stocks and bonds, portfolios incorporating alternative investments have historically offered higher returns, a trend that has become more prevalent in recent years. ...
https://knews.kathimerini.com.cy/en/news/britain-s-prince-harry-officially-a-us-resident
In a significant move, Prince Harry, formally known as Prince Henry Charles Albert David Duke of Sussex, has officially declared himself a resident of the United States, as per a recent regulatory filing in the United Kingdom....
https://knews.kathimerini.com.cy/en/news/cypriot-students-sail-through-education-with-1-000-adopted-ships
Elementary schools in Cyprus have adopted 1,000 ships in almost two decades, as part of an international awareness campaign initiated by the Cyprus Shipping Chamber, the island’s main ship-owning umbrella organisation....
https://knews.kathimerini.com.cy/en/news/iran-israel-tensions-economists-warn-of-global-market-turbulence
As tensions simmer between Israel and Iran following recent Iranian attacks, economists are closely monitoring the potential implications for global markets....
https://knews.kathimerini.com.cy/en/news/imf-predicts-growth-and-lower-unemployment-rates
The Ministry of Finance welcomed, in a press release on Wednesday, the new estimates for Cyprus by the International Monetary Fund (IMF) as part of the World Economic Outlook (WEO)....
https://knews.kathimerini.com.cy/en/business/alpha-bank-ceo-eyes-expansion-in-romania
Alpha Bank chief executive officer Vassilis Psaltis pointed to further expansion and acquisitions in Romania in a joint interview with the CEO of Italian bank UniCredit, Andrea Orcel for Bloomberg....
https://knews.kathimerini.com.cy/en/business/greek-workers-strike-paralyzes-transport-services
In Greece, transport services came to a standstill on Wednesday as workers across various sectors participated in a 24-hour strike, demanding higher pay to offset the increasing cost of living...
https://knews.kathimerini.com.cy/en/news/4-000-lives-lost-in-a-single-blast
In the midst of conflict, even the most unexpected victims are not spared from tragedy, as evidenced by the devastating impact on IVF embryos in Gaza. ...
https://knews.kathimerini.com.cy/en/news/eu-acts-against-russian-owned-companies
The European Commission released guidelines on the implementation of the new article 5r of Council Regulation 833/2014 of the 12th package of restrictive......
https://knews.kathimerini.com.cy/en/news/breakthrough-in-larnaca-port-revamp-talks
Recent discussions, presided over by President Nikos Christodoulides, have ignited hope for the transformation of Larnaca's port and marina. With both the government and project contractor, Kition Ocean Holdings, taking bold steps, a breakthrough seems within reach....
https://knews.kathimerini.com.cy/en/news/1-us-sanctions-cyprus-based-entities-linked-to-arms-network
On Monday, the United States announced sanctions against ten individuals and twelve entities, with two of them operating within a global arms network and registered in Cyprus....
