https://knews.kathimerini.com.cy/en/news/full-basic-pension-exempted-from-actuarial-reduction
The Minister of Labor, Yiannis Panayiotou, presented a proposal at the Social Insurance Council meeting, exempting the full basic pension from a 12% actuarial reduction for employees with 40 years of contributions. This proposal aims to relieve actuarial reductions for early pensions.
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https://knews.kathimerini.com.cy/en/news/minister-reveals-startling-quadrupling-of-cocaine-users-in-two-decades
The Minister of Justice and Public Order, Anna Koukkides Procopiou, revealed a significant rise in cocaine use in Cyprus, with the number of users estimated to have quadrupled in the past two decades....
https://knews.kathimerini.com.cy/en/news/austria-allocates-€33m-for-wrongly-convicted-gay-men
A historic proposal by the Austrian Ministry of Justice sees €33m set aside to compensate those who were wrongly convicted - but critics say the amount on offer is not enough....
https://knews.kathimerini.com.cy/en/life/dhiraj-mukherjee-from-shazam-success-to-paying-it-forward
In this insightful interview, Dhiraj Mukherjee, the co-creator of Shazam, shares his experiences and philosophy on shaping the future. Notably, after the remarkable success of Shazam, which he co-founded and later sold to Apple for a substantial sum of around 400 million, Dhiraj has been actively paying it forward....
https://knews.kathimerini.com.cy/en/news/president-addresses-global-security-at-cairo-summit
This is not a regional crisis of limited concern or impact, it is fundamentally a question of international peace and security and a challenge that our global collective security system must respond to, President of the Republic Nikos Christodoulides told the International Peace Summit that took place Saturday in Cairo....
https://knews.kathimerini.com.cy/en/news/gaza-death-toll-surpasses-4-000-as-conflict-continues
In a harrowing revelation, Israel's military has disclosed that 20 children under the age of 18 are among 200 hostages currently being held in Gaza, following the series of attacks by Hamas on October 7th.
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https://knews.kathimerini.com.cy/en/news/cmp-receives-€75-000-donation-from-turkish-cypriots
The Committee on Missing Persons in Cyprus (CMP) received a donation of €75,000 from the Turkish Cypriot community on October 18....
https://knews.kathimerini.com.cy/en/news/assessing-the-dual-impact-of-government-s-support-measures
Recent days have witnessed crucial discussions surrounding measures to support households and businesses, a pressing necessity given the prevailing circumstances....
https://knews.kathimerini.com.cy/en/news/€3-93-billion-windfall-from-eu-on-the-horizon
The funds absorbed by Cyprus from European funds have exceeded the amount of Cyprus's contributions to the EU, said member of the EU Court of Auditors, Lefteris Christoforou, presenting the annual report of the Court for 2022 to President of the House of Representatives Annita Demetriou on Thursday....
https://knews.kathimerini.com.cy/en/news/netherlands-tops-global-pension-rankings-with-ai-driven-excellence
A new analysis, ranking 47 pension systems across the world, has shed light on the growing impact of AI on pension systems....
https://knews.kathimerini.com.cy/en/news/papadakis-faces-allegations-of-misusing-european-parliament-s-funds
After the release of an audio recording featuring a discussion between the EDEK party president, Marinos Sizopoulos, and MEP Dimitris Papadakis, EDEK issued an official statement....
https://knews.kathimerini.com.cy/en/news/suspense-builds-as-foreclosure-deadline-nears-and-creditors-seek-solutions
Cyprus is nearing the end of the suspension of divestments of primary residences worth up to 350 thousand euros, but a solution remains elusive regarding open funds tied to the divestment framework. ...
https://knews.kathimerini.com.cy/en/news/emerging-innovations-shine-at-the-digital-agenda-cyprus-summit-2023
According to the decision of the five-member committee, within the framework of the Digital Agenda Cyprus Summit 2023, the competition for emerging businesses,...
https://knews.kathimerini.com.cy/en/news/investment-funds-hit-record-high-at-€2-9-billion
Assets investment by investment funds in Cyprus rose to €2.9 billion in the second quarter of this year, reaching the highest point ever, manifesting the sector’s growing contribution to the Cypriot economy....
https://knews.kathimerini.com.cy/en/comment/opinion/the-big-picture
With whom do we stand? Could it be that this question circulates, covertly or overtly, in the aftermath of the atrocities we've witnessed?...
https://knews.kathimerini.com.cy/en/comment/opinion/the-surge-of-violence-in-the-middle-east
The latest escalation of conflict in the Middle East marks a pivotal moment in the ongoing Arab-Israeli dispute....
https://knews.kathimerini.com.cy/en/news/israeli-hamas-war-puts-cyprus-and-egypt-at-forefront-of-credit-risks
Cyprus and Egypt are currently facing the most direct credit risks among countries rated by Scope Ratings due to the Israeli-Hamas conflict, warns the German firm....
https://knews.kathimerini.com.cy/en/news/ireland-s-tax-policies-fill-sovereign-fund-coffers
Countries like Saudi Arabia, Norway, and Chile have long established their own sovereign-wealth funds....
https://knews.kathimerini.com.cy/en/news/france-urges-de-escalation-amid-israeli-strikes-on-lebanon
The ongoing conflict between Israel and Hamas has drawn global attention as the death toll rises, with over 1,000 Palestinians and 1,200 Israelis reported dead. Calls for peace have intensified amid the escalating violence....
https://knews.kathimerini.com.cy/en/news/imf-forecasts-economic-challenges-for-cyprus-in-2023-and-beyond
The International Monetary Fund (IMF), in its ''World Economic Outlook'' for October, published on Tuesday, forecasts that Cyprus's growth rate for 2023 will slow down to 2.2% of GDP, down from the 2.5% it had projected in its April outlook....
https://knews.kathimerini.com.cy/en/business/middle-east-turmoil-shifts-energy-and-diplomatic-priorities
The tumultuous situation in the Middle East, prompted by Hamas's aggressive attack on Israel and Tel Aviv's military response, is reshaping the priorities of the Netanyahu government and the balance in the South-Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/news/pyla-buffer-zone-free-of-military-presence
An agreement reached on Monday morning in relation to the issue of the buffer zone in the area of Pyla would ensure the status of the buffer zone and the non-presence of military and “police” forces of the occupying authorities, diplomatic sources told CNA, describing the development as “a very big” confidence building measure (CBM)....
https://knews.kathimerini.com.cy/en/news/un-secures-pyla-buffer-zone-agreement
In a recent statement, the United Nations has announced a breakthrough in Pyla. According to their announcement, they have reached arrangements that are poised to bring resolution to the ongoing situation....
https://knews.kathimerini.com.cy/en/business/eurobank-goes-independent
Eurobank Ergasias Services and Holdings SA has announced the repurchase of a total of 52.08 million shares previously held by the Financial Stability Fund, making it the first Greek systemic bank without state participation in its share capital following the 2010 crisis....
https://knews.kathimerini.com.cy/en/news/no-customary-warning-ongoing-idf-hamas-clash
The Israel Defense Forces (IDF) continue their fierce battle against Hamas in the southern region of Israel, with military spokesperson Lt. Col. Richard Hecht confirming the prolonged conflict more than 48 hours after a surprise attack by the Palestinian militant group. ...
https://knews.kathimerini.com.cy/en/news/nicosia-s-first-autism-homes-opened-by-voice-for-autism
In a momentous occasion on October 2, 2023, the NGO Voice for Autism proudly inaugurated two groundbreaking group homes in Lakatamia, Nicosia....
https://knews.kathimerini.com.cy/en/news/cyprus-public-transport-gets-a-facelift-as-massive-infrastructure-upgrade-underway
In a significant development, a new contract signed at the Ministry of Transport on Thursday outlines extensive improvements to Cyprus' public transportation infrastructure....
https://knews.kathimerini.com.cy/en/news/how-blockchain-technology-is-reshaping-financing
In this age of technology, digital transformation, and the omnipresence of the internet, alternative digital financing is emerging as an innovative and effective solution for both businesses and individuals in need of financial support....
https://knews.kathimerini.com.cy/en/news/finance-ministry-s-new-measures-for-vulnerable-in-the-works
The Finance Ministry is considering new measures to support particularly the vulnerable groups of society amid the continuing pressures from high prices and inflation, Makis Keravnos Minister of Finance said on Monday, adding the measures were in the pipeline irrespective of the rating upgrades by Moody’s and DBRS Morningstar....
https://knews.kathimerini.com.cy/en/business/inflation-fears-and-green-investments
The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...
