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12° Nicosia,
19 June, 2024
 

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Displaying results 1-30 of 2176 matches for query 2023.

1. Standard & Poor’s upgrades Bank of Cyprus rating

https://knews.kathimerini.com.cy/en/news/standard-poor-s-upgrades-bank-of-cyprus-rating

Standard & Poor’s (S&P) has upgraded Bank of Cyprus’ long-term issuer rating to BB+, just one notch below investment-grade status, and assigned a positive outlook. This comes shortly after the upgrade of Cyprus’ long-term rating to BBB+, also with a positive outlook....

2. Cyprus to sell €1 billion bond after improved credit ratings

https://knews.kathimerini.com.cy/en/news/cyprus-to-sell-1-billion-bond-after-improved-credit-ratings

The Republic of Cyprus is expediting its return to the financial markets, seeking to leverage recent credit rating upgrades by Fitch and Standard & Poor's......

3. Cyprus cuts migrant arrivals by 50%, earns European praise

https://knews.kathimerini.com.cy/en/news/cyprus-cuts-migrant-arrivals-by-50-earns-european-praise

Cyprus continues to grapple with a significant migration challenge, a situation that has evolved into a complex and multifaceted issue. ...

4. CBC projects 3% GDP growth in 2024

https://knews.kathimerini.com.cy/en/news/cbc-projects-3-gdp-growth-in-2024

The Central Bank of Cyprus has revised its 2024 forecast for GDP growth to 3%, from 2.8% that was expected last March, mainly due to the upward revision of domestic demand, while it maintained its forecast for growth in the years 2025 and 2026, at 3.1% and 3.2%, respectively....

5. Will Cabinet decide to extend electricity subsidies?

https://knews.kathimerini.com.cy/en/news/will-cabinet-decide-to-extend-electricity-subsidies-to-consumers

The government is poised to discuss the renewal of the electricity subsidy measure, set to expire on June 30, at its upcoming Cabinet meeting, according to a report by Kathimerini's Hectoras Georgiou....

6. Cyprus eyes market return with ten-year bond

https://knews.kathimerini.com.cy/en/news/cyprus-eyes-market-return-with-ten-year-bond

Cyprus is gearing up to re-enter the financial markets in the near future to capitalize on the recent positive momentum bolstering its economy....

7. Small homeless communities pop up in US cities

https://knews.kathimerini.com.cy/en/news/small-homeless-communities-pop-up-in-us-cities

In a dreary part of downtown Atlanta, shipping containers have been transformed into an oasis for dozens of previously unsheltered people who now proudly call a former parking lot home....

8. Cyprus achieves €600 million fiscal surplus in Q1 2024

https://knews.kathimerini.com.cy/en/news/cyprus-achieves-€600-million-fiscal-surplus-in-q1-2024

Cyprus generated a fiscal surplus close to €600 million in the first quarter of 2024, marking an increase of 58% year on year, driven by the rise in state revenue which exceeded the rise in spending....

9. Job vacancies in Cyprus increase by 7.3% in Q1 of 2024

https://knews.kathimerini.com.cy/en/news/job-vacancies-in-cyprus-increase-by-7-3-in-q1-of-2024

Job vacancies in Cyprus rose by an annual 7.3% in the first quarter of 2024 whereas they rose by almost 10% compared with the fourth quarter of 2023....

10. Pournara: From 3145 to 245 migrants in two years

https://knews.kathimerini.com.cy/en/news/pournara-from-3145-to-245-migrants-in-two-years

The influx of irregular migrants into Cyprus has markedly declined following stringent government measures. Illustrative of this trend is the Pournara accommodation center, ...

11. Heatwave revives debate over school air conditioning

https://knews.kathimerini.com.cy/en/news/heatwave-revives-debate-over-school-air-conditioning

The ongoing heatwave has reignited the debate over the installation of air conditioners in Cyprus schools....

12. Agency reports strong start to 2024, continues paying off state debt

https://knews.kathimerini.com.cy/en/news/agency-reports-strong-start-to-2024-continues-paying-off-state-debt

KEDIPES, Cyprus' state-owned asset management agency, announced a €144 million cash inflow for the first quarter of 2024. The agency also made a €140 million repayment to the state, bringing the total repayment to €1.3 billion since it started in September 2018....

13. ''We envision transforming people's lives for the better''

https://knews.kathimerini.com.cy/en/news/we-envision-transforming-people-s-lives-for-the-better

The Cleanthus Foundation aims to enhance the lives of those in need and make a positive impact on society through its programs and funding initiatives. ...

14. Epic customer service: 136 wins Best Contact Centre plus 5 more awards

https://knews.kathimerini.com.cy/en/news/epic-customer-service-136-wins-best-contact-centre-plus-5-more-awards

Epic introduced to the Cyprus market a unique combination of two powerful elements: a great network with great value. ...

15. Cyprus faces market uncertainties as exit plans delayed again

https://knews.kathimerini.com.cy/en/business/cyprus-faces-market-uncertainties-as-exit-plans-delayed-again

According to report by Panayiotis Rougalas in today's Oikonomiki, Cyprus faces a challenging time as it navigates plans to exit the financial markets. ...

16. 153,000 people struggle with low incomes and high living costs

https://knews.kathimerini.com.cy/en/news/153-000-people-struggle-with-low-incomes-and-high-living-costs

The share of Cyprus' population at risk of poverty or social exclusion remained steady at 16.7% in 2023, according to the Statistical Service of Cyprus (Cystat). This means that approximately 153,000 people in Cyprus are struggling with low incomes and high living costs....

17. Fire rages out of control, illegal garbage dump possible cause (pics)

https://knews.kathimerini.com.cy/en/news/fire-rages-out-of-control-illegal-garbage-dump-possible-cause-pics

A fire that broke out around 12:39 on Tuesday afternoon between the communities of Psathi and Polemi in Paphos is still raging out of control, and has spread to the communities of Kourtaka,...

18. Cyprus trade deficit shrinks by €708 million

https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-shrinks-by-€708-million

The trade deficit in Cyprus decreased by €708 million in January-April 2024 compared to the same period in 2023, driven by a significant 18.4% drop in imports, according to the Statistical Office....

19. Charalambos Prountzos elected as Nicosia mayor by wide margin

https://knews.kathimerini.com.cy/en/news/charalambos-prountzos-elected-as-nicosia-mayor-by-wide-margin

Charalambos Prountzos has been elected as the new Mayor of Nicosia by a significant margin....

20. Cyprus tourism hit by May slump

https://knews.kathimerini.com.cy/en/news/cyprus-tourism-hit-by-may-slump

Banks caution against high expectations for new tourism records in Cyprus, citing a lackluster performance in May, according to a report by Panayiotis Rougalas on this Sunday's Kathimerini (9 June 2024)....

21. Voter turnout reaches 38.6% by 3pm this afternoon

https://knews.kathimerini.com.cy/en/news/voter-turnout-reaches-38-6-by-3pm-this-afternoon

Voter turnout for the elections reached 38.6% of the registered electorate by 3 p.m. local time, Chief Returning Officer Elikkos Elia announced. This translates to 269,727 individuals casting their votes so far....

22. Fitch upgrades Cyprus to 'BBB+'

https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-bbb

Fitch Ratings has upgraded Cyprus' Long-Term Foreign Currency Issuer Default Rating from 'BBB' to 'BBB+' with a positive outlook....

23. Passenger traffic up at Larnaca and Paphos airports amid drop in hotel bookings

https://knews.kathimerini.com.cy/en/business/passenger-traffic-up-at-larnaca-and-paphos-airports-amid-drop-in-hotel-bookings

Passenger traffic at Larnaca and Paphos airports increased by 4.26% in May 2024 compared to the same month in 2023, according to the Ministry of Transport, Communications and Works....

24. Greek olive oil producers reject bulk sales, thrive in export market

https://knews.kathimerini.com.cy/en/news/greek-olive-oil-producers-reject-bulk-sales-thrive-in-export-market

They knew the easy way. They could have effortlessly sent their oil in bulk to Italy....

25. Cyprus inflation could offset ECB rate cut benefits

https://knews.kathimerini.com.cy/en/news/cyprus-inflation-could-offset-ecb-rate-cut-benefits

The European Central Bank (ECB) cut its three key interest rates by 25 basis points on Thursday, marking the first reduction after nearly two years of increases or stasis. ...

26. Cyprus leads Europe in prison overcrowding

https://knews.kathimerini.com.cy/en/news/cyprus-leads-europe-in-prison-overcrowding

Cyprus leads Europe in prison overcrowding and the percentage of female inmates, according to the Council of Europe’s Annual Penal Statistics on Prison Populations (SPACE I) for 2023, released Thursday....

27. Eurobank's 'egg - enter grow go' wins top EBAN award for 2024

https://knews.kathimerini.com.cy/en/business/eurobank-s-egg-enter-grow-go-wins-top-eban-award-for-2024

egg - enter grow go, Eurobank's business accelerator, has been awarded the prestigious distinction of Best Performing New EBAN Member 2024......

28. Unemployment in Cyprus hits record low in May

https://knews.kathimerini.com.cy/en/business/unemployment-in-cyprus-hits-record-low-in-may

The downward trend in Cyprus' registered unemployment continued in May 2024, reaching historically low levels, according to data released by the Statistical Service of Cyprus on Wednesday....

29. New banknotes featuring King Charles released in the UK

https://knews.kathimerini.com.cy/en/news/new-banknotes-featuring-king-charles-released-in-the-uk

Banknotes bearing the portrait of King Charles III have been released into circulation for the first time today. ...

30. Beyonce's producer accused of repeated sexual assault

https://knews.kathimerini.com.cy/en/news/beyonce-s-producer-accused-of-repeated-sexual-assault

Grammy award-winning producer and songwriter The-Dream has been accused of rape and sexual battery, according to a lawsuit filed in Los Angeles...

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