https://knews.kathimerini.com.cy/en/business/hellenic-bank-s-profits-surge-amid-higher-lending-rates
Hellenic Bank, Cyprus’ second-largest lender, has had a strong start to 2024, reporting a net profit of €189 million in the first half of the year—a solid 18% increase from last year. This boost in profit is mainly due to a 30% rise in interest income, driven by higher European Central Bank (ECB) interest rates....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-illusion-of-prosperity-as-unemployment-numbers-mask-realities
In its analysis, the Central Bank of Cyprus notes that in the first quarter of 2024, unemployment fell to 6%, the lowest level since 2009....
https://knews.kathimerini.com.cy/en/business/the-fate-of-the-greece-cyprus-energy-link-hangs-in-the-balance
This week will be crucial to whether the power grid link between Greece and Cyprus via Crete will be implemented....
https://knews.kathimerini.com.cy/en/news/prosecutor-orders-urgent-investigation-into-lake-karla-fish-deaths
Greece's top prosecutor, Georgia Adelini, has ordered an urgent investigation into the large number of dead fish found in Lake Karla, which flows into the Pagasitikos Gulf.
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https://knews.kathimerini.com.cy/en/news/government-revenue-boosts-cyprus-surplus-to-€702-5-million
The Republic of Cyprus recorded a significant fiscal surplus of €702.5 million for the period of January to July 2024, according to preliminary General Government fiscal results, released on Friday by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/news/lease-changes-spark-protests-among-refugees-at-mackenzie-beach
The Ministry of Interior's Action Plan to regulate Larnaca’s Mackenzie beachfront is encountering obstacles, particularly around issues of illegal activities and subletting by original leaseholders.
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https://knews.kathimerini.com.cy/en/news/european-commission-allocates-€1b-to-flood-affected-nations
The European Commission proposed on Tuesday over €1 billion in financial support from the EU Solidarity Fund (EUSF) to help Italy, Slovenia, Austria, Greece and France deal with the impacts of the severe floods that hit these countries in 2023....
https://knews.kathimerini.com.cy/en/news/deadly-mosquito-borne-triple-e-virus-found-in-the-us-for-first-time-since-2020
Massachusetts has reported its first human case of Eastern Equine Encephalitis, or "Triple E," since 2020, marking another instance of the mosquito-borne illness in the United States this year....
https://knews.kathimerini.com.cy/en/news/august-sees-deadliest-week-on-cyprus-roads-in-2024
Cyprus has seen a troubling increase in road fatalities so far this year compared to the same period last year....
https://knews.kathimerini.com.cy/en/news/cyprus-has-second-largest-decrease-in-firefighter-jobs-across-eu
The number of firefighters was cut in 12 EU member states, including Cyprus, in 2023, while Cyprus was the country with the second largest drop in the employment of firefighters that year, according to an analysis by the European Trade Union Confederation (ETUC) of EU Labour Force Survey data which was also published recently by Eurostat.
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https://knews.kathimerini.com.cy/en/news/aphrodite-field-consortium-updates-plan-amid-cypriot-energy-dispute
Partners of the consortium for the “Aphrodite” gas field in block 12 of the Cypriot Exclusive Economic Zone said they intend to submit in the coming days to the Cypriot government for approval an “updated development plan”, on the basis of the previous development and production plan, as approved by the government, following a notice for breach of contract sent by the Cypriot Minister of Energy....
https://knews.kathimerini.com.cy/en/news/sven-goran-eriksson-legendary-football-coach-dies-at-76
Former England manager Sven-Goran Eriksson has died at age 76 following a battle with pancreatic cancer, his family announced Monday....
https://knews.kathimerini.com.cy/en/news/ecb-cuts-cypriot-bond-holdings-to-€6-38-billion
The value of Cypriot sovereign bonds held by the Eurosystem, as part of the Public Sector Purchases Programme (PSPP) and the Pandemic Emergency Purchases Programme (PEPP) declined to €6.38 billion......
https://knews.kathimerini.com.cy/en/news/london-building-erupts-in-flames-exposing-safety-failures
More than 200 firefighters are battling a large fire at a mixed-use residential and commercial building in Dagenham, east London....
https://knews.kathimerini.com.cy/en/news/limassol-port-welcomes-althaia-barge-pioneering-green-energy-for-ships
The docking of the Althaia barge was successfully completed on August 13th at the Port of Limassol, the Cyprus Marine and Maritime Institute (CMMI) said in a statement on Friday......
https://knews.kathimerini.com.cy/en/news/tatar-criticized-after-azerbaijan-s-first-direct-flight-heads-to-larnaca
The first direct flight from Baku, Azerbaijan, to Larnaca Airport was carried out two days ago by Azerbaijan's state airline, *Yeni Bakış* reported on its front page today....
https://knews.kathimerini.com.cy/en/news/eurostat-80-6-of-cyprus-graduates-found-jobs-in-2023-below-eu-average
A total of 80.6% of recent graduates in Cyprus were employed in 2023, while the European Union (EU) average stood at 83.5%, according to data published on Wednesday, by Eurostat....
https://knews.kathimerini.com.cy/en/news/christodoulides-taps-kostas-kadis-for-eu-s-mediterranean-commissioner-role
President Christodoulides' phone call to Kostas Kadis came just days before the official announcement that Kadis would be the Republic of Cyprus's nominee for European Commissioner....
https://knews.kathimerini.com.cy/en/news/paphos-tourist-season-mirrors-2023-july-arrivals-expected-to-match-2019
The 2024 tourist season in Paphos is expected to mirror 2023 levels but fall short of the strong numbers seen in 2019, except for July, which might match 2019 arrivals, according to Euripides Loizides, President of the Paphos Hoteliers Association....
https://knews.kathimerini.com.cy/en/news/new-findings-reveal-life-on-cyprus-northwest-coast-4-000-years-ago
More information has been revealed about the Chalcolithic period and the Bronze Age on the island’s northwest coast during excavations at the Makounta-Voules Archaeological project in the Paphos district....
https://knews.kathimerini.com.cy/en/business/cyprus-inflation-slows-to-2-4-in-july
Consumer prices in Cyprus are rising more slowly, with the annual inflation rate dropping to 2.4% in July, down from 3% in June, according to the Statistical Service of Cyprus (Cystat)....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-unprecedented-80-drop-in-asylum-applications
Cyprus experienced a sharp reduction in first-time asylum applications in May 2024, marking an over 80% decrease from the previous month, according to data released by Eurostat. ...
https://knews.kathimerini.com.cy/en/news/ukraine-intensifies-fight-against-illicit-tobacco-trade
The illicit tobacco trade in Ukraine, one of Europe's most prominent black markets for cigarettes, is sending shockwaves through the economies of neighboring countries,...
https://knews.kathimerini.com.cy/en/business/record-6-6-million-passengers-from-january-to-july-2024
A total of 6.6 million passengers traveled through Cyprus' airports from January to July this year while according to Hermes Airports, passenger traffic in August is expected to surpass 1.5 million people....
https://knews.kathimerini.com.cy/en/news/world-mosquito-day-deadly-dengue-surges-worldwide
World Mosquito Day, observed annually on August 20, serves as a crucial reminder of the dangers posed by mosquito-borne diseases and the ongoing global efforts to combat them....
https://knews.kathimerini.com.cy/en/news/tourist-arrivals-in-cyprus-exceed-2-2m-in-2024
Tourist arrivals for the period of January – July 2024 exceeded 2.2 million, pushed by the arrivals of July which marked an all-time record for the specific month....
https://knews.kathimerini.com.cy/en/news/former-minister-kadis-chosen-as-cyprus-eu-commissioner-candidate
The Republic of Cyprus will propose Dr. Costas Kadis for the position of Commissioner in the European Commission, Government Spokesman Konstantinos......
https://knews.kathimerini.com.cy/en/news/progress-and-pain-as-7-missing-persons-identified-so-far-in-2024
The remains of five Greek Cypriots and two Turkish Cypriots were identified in 2024, highlighting the ongoing efforts of the Committee on Missing Persons in Cyprus (CMP) to bring closure to families affected by decades-old conflicts....
https://knews.kathimerini.com.cy/en/news/power-issue-may-have-sparked-deadliest-wildfire-in-greece
Investigators suspect a faulty power cable may have caused Greece’s worst wildfire this year, said sources close to a probe over the blaze that killed one woman and torched 10,000 hectares near Athens, covering a total area about the size of Paris....
https://knews.kathimerini.com.cy/en/news/greece-imports-lamb-for-first-time-due-to-cattle-plague
The wholesale meat market at Rentis now sells lambs from Romania and Spain, as local slaughterhouses have shut down as part of the effort to eradicate cattle plague....
