https://knews.kathimerini.com.cy/en/news/cyprus-average-monthly-salary-reaches-€2-250-in-2023
Cyprus saw a notable increase in average salaries in 2023. According to the latest figures from the Cyprus Statistical Service, the average gross monthly salary for employees on the island reached €2,363 in 2023, ...
https://knews.kathimerini.com.cy/en/news/larnaca-and-paphos-airports-to-handle-17-5-million-passengers-annually
The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......
https://knews.kathimerini.com.cy/en/news/cyprus-faces-2024-deadline-to-align-with-eu-regulations-on-foreign-investments
Cyprus faces a deadline by the end of 2024 to align with the European regulation governing large foreign investments....
https://knews.kathimerini.com.cy/en/news/cyprus-achieves-record-€4-7-billion-in-exports-continuing-years-long-growth
Minister of Energy, Commerce and Industry George Papanastasiou praised the expanding momentum in the Cypriot export activity, stressing that in 2023 exports rose by an annual 38% continuing their steady rising trend of the past years....
https://knews.kathimerini.com.cy/en/news/outrage-as-iranian-student-detained-after-stripping-to-protest-hijab-law
Amnesty International is calling for the immediate release of a university student reportedly detained in Tehran after allegedly protesting Iran’s mandatory hijab laws by stripping to her underwear....
https://knews.kathimerini.com.cy/en/business/cyprus-government-revisits-foreign-investment-control-amid-hospital-takeovers
The foreign investment control (FDI) bill, often referred to as the ''Lonestar'' bill, has resurfaced in Cyprus, prompting fresh discussions about foreign ownership of critical sectors, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini. ...
https://knews.kathimerini.com.cy/en/news/cyprus-shifts-westward-with-historic-white-house-meeting
President Nicos Christodoulides recently met with U.S. President Joe Biden in a historic visit to the White House, marking a new chapter in Cyprus’ foreign policy as it turns toward the West, according to a report by Yiannis Ioannou in this Sunday's Kathimerini....
https://knews.kathimerini.com.cy/en/news/european-voters-favor-kamala-harris-in-us-presidential-race
A recent YouGov survey reveals that a majority of voters in the UK, France, Germany, Italy, Spain, Sweden, and Denmark prefer the election victory......
https://knews.kathimerini.com.cy/en/news/cypriot-residents-travel-spending-hits-€2-23-billion-in-2023
Total travel spending by Cypriot residents, both within Cyprus and abroad, reached €2.23 billion in 2023, marking an 8.4% increase from 2022....
https://knews.kathimerini.com.cy/en/news/are-you-a-flamingo-in-disguise-time-to-test-your-one-legged-skills
A new study suggests that the ability to balance on one leg can be a significant indicator of health for individuals aged 50 and older. Researchers found......
https://knews.kathimerini.com.cy/en/news/banks-see-boost-from-ecb-rate-cuts
The Association of the Cyprus Banks (ACB) said on Thursday that it sees further progress in the economy, driven by the reduction of interest rates......
https://knews.kathimerini.com.cy/en/comment/opinion/biden-christodoulides-talk-future-of-defense-partnership
The visit of President Nikos Christodoulides to the White House and his meeting with Joe Biden outline the excellent status of Cypriot-American relations....
https://knews.kathimerini.com.cy/en/news/government-announces-new-measures-to-help-vulnerable-households
In a bid to ease energy expenses for vulnerable groups and promote sustainable housing solutions, the Cabinet approved a set of medium-term measures during its meeting on Tuesday, chaired by President Nicos Christodoulides....
https://knews.kathimerini.com.cy/en/news/cyprus-strategic-value-highlighted-in-biden-and-christodoulides-meeting
In what is seen as a pivotal meeting at the White House, President Joe Biden welcomes Cypriot President Nikos Christodoulides on Wednesday to discuss strengthening bilateral ties amid escalating tensions in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/news/christodoulides-white-house-visit-reflects-us-cyprus-unity-ahead-of-us-election
The official visit of President Nikos Christodoulides to the White House today underscores the deepening strategic partnership between Cyprus and the United States. ...
https://knews.kathimerini.com.cy/en/news/why-musk-sees-trump-as-america-s-business-fixer
Elon Musk, the high-profile CEO of Tesla and SpaceX, has emerged as a vocal supporter of Republican presidential nominee Donald Trump......
https://knews.kathimerini.com.cy/en/business/cyprus-to-launch-national-sanctions-unit
Cyprus is set to establish a new National Sanctions Implementation Unit (NSIU) in the coming year, aiming to improve how financial sanctions are enforced in the country....
https://knews.kathimerini.com.cy/en/news/increase-in-missing-minors-from-cyprus-juvenile-homes-raises-alarms
Cyprus is grappling with a steady rise in cases of minors disappearing from juvenile homes, a long-standing issue of national welfare policy....
https://knews.kathimerini.com.cy/en/news/eu-pushing-for-economic-ties-with-turkey-but-where-does-that-leave-cyprus
According to Kathimerini's Pavlos Xanthoulis, Brussels and Berlin are working to upgrade the Turkish Customs Union, viewing it as a pathway to strengthen economic ties with Turkey. ...
https://knews.kathimerini.com.cy/en/business/norway-s-billion-dollar-man-says-americans-just-work-harder-than-europeans
Norway’s ''billion-dollar man'' Nicolai Tangen, who manages Norway’s $1.6 trillion sovereign wealth fund, says America’s success over Europe comes down to one simple factor: Americans work harder....
https://knews.kathimerini.com.cy/en/news/akel-proposes-law-for-euthanasia
According to Kathimerini's Hector Georgiou, last Friday, October 18, 2024, AKEL Deputy Irini Charalambidou held a press conference to outline her proposal for a law titled ''On Medically Assisted Termination of Life.''...
https://knews.kathimerini.com.cy/en/comment/opinion/goodbye-and-thanks-for-all-the-halloumi
I depart Cyprus after a little over two years as the British High Commissioner. What are my main reflections?...
https://knews.kathimerini.com.cy/en/news/cbc-urges-banks-to-show-social-responsibility-despite-sector-s-strength
The Central Bank of Cyprus (CBC) released its annual Financial Stability Report for 2023 on Tuesday, indicating that the financial sector is overall strong and capable of handling unexpected challenges. ...
https://knews.kathimerini.com.cy/en/news/north-korea-sends-troops-to-russia-raising-concerns-over-their-role-in-ukraine-conflict
The U.S. government has reported that North Korea has sent at least 3,000 troops to Russia, raising concerns that they may be deployed to fight in Ukraine....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shareholders-moving-at-different-speeds
CarVal Investors recently sold 3% of its 9.09% stake in Bank of Cyprus, sparking speculation that other shareholders may follow suit and sell their shares....
https://knews.kathimerini.com.cy/en/business/cyprus-surpasses-pre-pandemic-financial-levels-with-growing-surplus
Cyprus is bouncing back from recent economic challenges, with its financial health improving dramatically. Current fiscal surpluses now exceed what they were before the pandemic, thanks to a significant increase in revenue....
https://knews.kathimerini.com.cy/en/comment/opinion/cypriot-banks-sending-loans-abroad-a-growing-risk
Yesterday, I had a conversation with someone who truly understands banking—probably more knowledgeable than many who think they do....
https://knews.kathimerini.com.cy/en/business/spike-in-suspicious-transactions-as-cyprus-freezes-over-€25-million-in-illicit-assets
Reports of suspicious transactions in Cyprus have risen sharply in 2023, reaching levels similar to those in 2021, as per a story by Kathimerini's Dorita Yiannakou....
https://knews.kathimerini.com.cy/en/news/michael-tatham-named-new-british-high-commissioner-to-cyprus
The British Foreign Office has announced the appointment of Michael Tatham as the new British High Commissioner to Cyprus.
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https://knews.kathimerini.com.cy/en/news/whatsapp-and-instagram-teams-face-job-cuts-in-meta-overhaul
Meta has started implementing layoffs across various departments, including WhatsApp, Instagram, and Reality Labs, according to sources familiar with the matter....
