https://knews.kathimerini.com.cy/en/news/cabinet-approves-free-preschool-for-4-year-olds
The Council of Ministers today greenlit the expansion of free pre-primary education for 4-year-olds, announced Education Minister Athina Michaelidou following the conclusion of the Cabinet meeting....
https://knews.kathimerini.com.cy/en/news/cyprus-unveils-new-e-consultation-platform-for-public-feedback
The Council of Ministers approved Thursday the establishment of a public consultation platform, known as e-consultation, Minister of Finance Makis Keravnos said after the Cabinet meeting....
https://knews.kathimerini.com.cy/en/news/cyta-unions-stage-two-hour-work-stoppage-over-staff-future
In response to management's proposed alterations to the future of Cyta's staff, the unions are initiating a decisive move with a two-hour work stoppage today from 8-10 am....
https://knews.kathimerini.com.cy/en/news/half-of-cyprus-loans-vulnerable-to-euribor-and-ecb-rates
Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-expands-diplomatic-footprint-bolsters-migration-management-efforts
President Nicos Christodoulides, leading the Council of Ministers at the Presidential Palace, announced significant developments in Cyprus' foreign policy and measures taken to address migration challenges....
https://knews.kathimerini.com.cy/en/business/businesses-to-cut-greenhouse-gas-targets-by-10
Businesses revise climate targets as reality of long-term sustainability transformation hits. Sustainability progress plateaus as short-term pressures and external forces hit CSO agenda....
https://knews.kathimerini.com.cy/en/news/themis-themistocles-signals-potential-2024-interest-rate-cut
In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...
https://knews.kathimerini.com.cy/en/business/makarios-avenue-struggles-to-fulfill-commercial-expectations
Two years after the official opening of Makarios Avenue (8 December 2021), the commercial success of the street has fallen short of expectations,...
https://knews.kathimerini.com.cy/en/business/cyprus-economy-receives-positive-rating-boost
Fitch, the International Rating Agency, upgraded Cyprus' long-term rating to positive, citing economic resilience and fiscal strength. The agency affirmed the 'BBB' rating, previously upgraded in March 2023. ...
https://knews.kathimerini.com.cy/en/news/akamas-road-improvement-faces-backlash
In response to mounting pressure and civil complaints, the Ministry of Agriculture initiates a comprehensive investigation into the Sustainable Development Plan for Akamas National Forest Park.
...
https://knews.kathimerini.com.cy/en/business/sixt-pumps-the-bakes-on-tesla-as-it-halts-purchases-and-sells-existing-ev-stock
In a strategic move that underscores the evolving dynamics in the electric vehicle (EV) landscape, Sixt, a prominent German rental car company, has decided to discontinue purchasing Tesla vehicles and plans to sell off its current Tesla EV stock....
https://knews.kathimerini.com.cy/en/business/cyprus-reports-significant-drop-in-joblessness
The latest data released by the District Labour Offices indicate a notable decline in registered unemployment rates for November 2023, both on a monthly and on a yearly basis....
https://knews.kathimerini.com.cy/en/news/€6m-fund-faces-scrutiny-in-migrant-returns
A recent evaluation conducted by the Audit Office sheds light on the challenges faced by the Police in detecting and repatriating irregular migrants and asylum seekers....
https://knews.kathimerini.com.cy/en/news/developer-s-double-plea-amidst-partially-frozen-road-project-in-akamas
None of those who attended the meeting of the Environment Committee left any wiser about what is happening in the projects that have been carried out in recent months for the first phase of improvement of part of the road network of the Akamas National Forest Park....
https://knews.kathimerini.com.cy/en/business/how-artificial-intelligence-is-changing-cyprus
The 8th Innovation and Entrepreneurship Forum, focusing on ''AI & Business: creating value, minimizing risks,'' held at the University of Cyprus on Tuesday (28/11), delved into the impact of artificial intelligence (AI) on business. ...
https://knews.kathimerini.com.cy/en/news/cyprus-allocates-65m-euros-for-diverse-tourism-initiatives-in-2024
The National Tourism Strategy's update has recently concluded, announced by Deputy Minister Kostas Koumis, known as "K." This undertaking commenced shortly after his assumption of office in March 2023, with an initial target to finalize it by the year's end.
...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-returns-to-london-for-investment-talks
Just two months after its last visit to the heart of investment interest, the Bank of Cyprus is making waves again in London....
https://knews.kathimerini.com.cy/en/news/education-minister-pushing-for-all-day-schools
The Ministry of Education in Cyprus, led by Minister Athena Michaelidou, is on a mission to supercharge the all-day school scene. The goal? Give kids more time to learn and develop skills in a school setting....
https://knews.kathimerini.com.cy/en/news/€620m-blueprint-for-transformative-projects
The overall projects, totaling almost €620 million, are outlined in the Ministry of Internal Affairs Budget....
https://knews.kathimerini.com.cy/en/news/msc-cruises-expands-ocean-cay-experience-in-the-bahamas
MSC Cruises is set to elevate the offerings at Ocean Cay MSC Marine Reserve, its exclusive Bahamian destination. New facilities include watersport-friendly excursion centers, a state-of-the-art dive and snorkel center, and additional dining options....
https://knews.kathimerini.com.cy/en/business/cyprus-gets-bbb-boost-in-latest-ratings-but-challenges-persist
The German Scope Ratings have given a positive sign for Cyprus by upgrading the country to BBB+ last Friday from the previous BBB while keeping the outlook of the economy stable. ...
https://knews.kathimerini.com.cy/en/news/banks-eye-over-1-billion-euro-profits-in-2023
Cypriot banks, including the Greek bank, are poised to rake in substantial profits for 2023, benefitting from the European Central Bank's interest rate hikes....
https://knews.kathimerini.com.cy/en/news/hellenic-bank-rakes-in-€240-7m-in-2023-s-first-9-months
Hellenic Bank announced on Tuesday a profit of €240.7 million for the first 9 months of 2023....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-grilled-on-russia-sanctions-progress
The President of the Republic, Nikos Christodoulides, was informed during a meeting on Monday at the Presidential Palace about the course of implementation of decisions taken regarding the improvement of the monitoring framework of the sanctions imposed on Russia by the USA and about the course of investigations carried out for violating sanctions. ...
https://knews.kathimerini.com.cy/en/news/house-plenary-votes-on-teleworking-bill-what-s-at-stake
In a decisive move, the House plenary convened this afternoon to cast their votes on a groundbreaking teleworking bill, aiming to establish a robust framework for regulating working conditions in the evolving landscape of remote employment....
https://knews.kathimerini.com.cy/en/news/paphos-court-breaks-new-ground-with-landmark-ruling-on-house-collapse
In a groundbreaking decision, the Paphos District Court recently ruled on a case involving a house collapse in the village of Armos, Paphos District, due to subsidence. The court awarded the plaintiffs 256 thousand euros, covering the purchase price of the house, along with interest and costs....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-grows-strong-at-2-5-in-q3-2023
Good news for Cyprus! The country's economy had a solid growth spurt, reaching 2.5% in the third quarter of 2023. That's better than the same time last year. ...
https://knews.kathimerini.com.cy/en/news/boc-reports-€349-million-in-profits-plans-employee-bonuses-for-2024
In a significant financial turnaround, Bank of Cyprus reported a notable profit of €349 million for the nine months ending September 30, 2023, marking a substantial improvement from the €19 million loss in the same period last year. ...
https://knews.kathimerini.com.cy/en/business/eurozone-economic-snapshot-november-13-2023
Inflation in the Eurozone, which stood at 10.6% in October 2022, has decreased to 2.9% in October 2023, sparking optimism among central bankers....
https://knews.kathimerini.com.cy/en/news/elizabeth-mccaul-unveils-hidden-financial-dangers
A strong signal highlighting the need for closer scrutiny of non-bank financial institutions comes from Frankfurt, as Elizabeth McCaul, a member of the European Central Bank's Supervisory Board, emphasizes the potential risks....
