Knews, Kathimerini Cyprus English Edition

Moody's boosts Bank of Cyprus and Hellenic Bank ratings to Baa2

Moody’s Investors Service has upgraded Bank of Cyprus’ and Hellenic Bank’s long-term deposit ratings to Baa3 from Ba1, citing the continued resilience of the Cypriot economy and credit conditions, which are leading to supportive operating conditions for Cypriot banks....

04/10/2023 | NEWS

21 killed in fiery bus crash near Venice

At least 21 people died on Tuesday and 18 were injured after a bus carrying tourists to a campground crashed off an overpass near Venice in northern Italy and caught fire, city officials said....

04/10/2023 | NEWS

From sunny skies to rainy surprises

The day is set to begin with predominantly clear skies, although residents may notice localized areas of increased cloud cover. As the day progresses, especially during the midday hours and beyond, cloud formations are forecasted to develop....

04/10/2023 | NEWS

President's alleged undeclared pension sparks controversy

The political party AKEL has called for a response from the President of the Republic, Nikos Christodoulides, amid reports suggesting that he has received a pension for eight years, beginning at the age of 45, without proper declaration in his financial affairs....

03/10/2023 | NEWS

Cyprus expands diplomatic presence in Indonesia and Argentina

Cyprus expands its diplomatic presence abroad, by opening in October, diplomatic missions in Indonesia (Jakarta) and Argentina (Buenos Aires)...

03/10/2023 | NEWS

House prices hold ground with annual gains

House prices were up on an annual basis in the second quarter of this year but remained more or less stable on a quarterly basis, a preliminary estimate released by the Cyprus Statistical Service on Tuesday shows....

03/10/2023 | NEWS

Hellenic Train's revenue plummets after floods

Italian-owned railway operator Hellenic Train will reportedly seek to renegotiate its contract with the Greek state, sources have indicated, as the company faces massive revenue losses stemming from September’s floods in central Greece....

03/10/2023 | NEWS

ECB VP Luis de Guindos to address inflation and monetary policy in Cyprus

European Central Bank Vice - President, Luis de Guindos, is scheduled to visit Cyprus on Wednesday, at the invitation of the Governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou....

03/10/2023 | NEWS

Kasselakis arrives in Cyprus, talks on Cyprus problem await

Stefanos Kasselakis, the newly elected president of the SYRIZA-Progressive Alliance, expressed his support for restarting talks on the Cyprus issue from where they left off in Crans Montana during an interview with the Cyprus News Agency....

03/10/2023 | NEWS

Turkish Cypriot crossing points take center stage

In a striking development, 2023 has seen an extraordinary increase in crossings through checkpoints in Cyprus, as revealed by reports in the Turkish Cypriot press....

03/10/2023 | NEWS

England proposes ban on transgender women in female hospital wards

Transgender women will be banned from being treated in female hospital wards in England, under new proposals suggested by the health secretary....

03/10/2023 | NEWS

Deloitte continues to foster trust through transparency

Deloitte Cyprus issued its 12th Audit Transparency Report for the year ending 31 May 2023. The report provides an in-depth analysis on how the firm embraces its responsibilities to its clients, people, society, and the market, with the highest quality standards. ...

03/10/2023 | BUSINESS

Greek ports stand ready to secure global south's grain supply

Foreign Minister George Gerapetritis addressed the EU Foreign Ministers' meeting in Kyiv, stressing the significant consequences resulting from the breakdown of an agreement with Russia concerning the secure export of Ukrainian grain via the Black Sea. This development is particularly critical for the supply of countries in the global south....

03/10/2023 | NEWS

26.9% increase in tourism revenue compared to last year

The year 2023 is poised to go down in history with remarkable revenue figures, as highlighted in a recent interview with the Deputy Minister and substantiated by the latest tourism revenue data from the Statistical Office....

03/10/2023 | NEWS

Avgoustides becomes Cyprus Ambassador in Athens

Ambassador Stavros Avgoustides has assumed his duties as the new Ambassador of the Republic of Cyprus in Athens, replacing Dr. Kyriakos Kenevezos....

03/10/2023 | NEWS

Phone scammers strike again as elderly woman loses €3,000

An 89-year-old woman in Nicosia became the latest victim of a telephone scam on Wednesday afternoon, losing €3,000 to fraudsters. The case has been reported to the police and is currently under investigation by the Nicosia Criminal Investigation Department (CID)....

03/10/2023 | NEWS

Premium spirits take center stage at the 4th Cyprus Cocktail Festival

The 4th Cyprus Cocktail Festival, a part of the Digital Agenda Cyprus Summit, is delighted to announce the participation of the Photos Photiades Group Ltd as one of the primary suppliers at the festival. The event is scheduled for October 17, 2023, at Nicosia's Municipal Garden, starting at 19:00, featuring the premium brand Tanqueray....

03/10/2023 | NEWS

Cyprus delegation extends support to Armenia amidst crisis

A delegation from the House of Representatives of Cyprus, visiting Yerevan during a challenging time for Armenia, expressed support and solidarity to Armenia's leadership. ...

03/10/2023 | NEWS

Reviving the Greek diaspora

The active Greek diaspora in the United States is dwindling and this needs to be stopped. Proponents of the generation that played such an important role after the Turkish invasion of Cyprus in 1974 have either stopped participating actively in public life or have passed away....

03/10/2023 | OPINION

Finance Ministry's new measures for the 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....

03/10/2023 | NEWS

Anorthosis leads after thrilling Match Day 6

In a gripping culmination to Match Day 6 of the Cyprus Football League, fans witnessed stunning victories and intense showdowns that left the football world buzzing....

03/10/2023 | NEWS

Aegean Airlines expands winter routes for '23-'24 season

Aegean Airlines is set to offer its largest-ever route program for the upcoming winter season, introducing 18 new routes to 14 different countries. ...

03/10/2023 | NEWS

Real estate boom in Greece and Cyprus

The real estate landscapes of Greece and Cyprus are undergoing significant transformations, with both nations showcasing promising growth and recovery. However, beneath the surface of these top-line numbers, there are underlying challenges and disparities that need to be addressed....

03/10/2023 | OPINION