https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-non-performing-loans-drop-to-lowest-level-in-years
Total non-performing loans (NPLs) to banks have dropped below €2 billion, specifically to €1.9 billion. ...
https://knews.kathimerini.com.cy/en/news/cyprus-wins-imf-praise-for-strong-recovery
The International Monetary Fund (IMF) has praised Cyprus for its robust economic recovery and fiscal discipline, recommending continued efforts......
https://knews.kathimerini.com.cy/en/news/ecb-to-implement-first-interest-rate-cut
The European Central Bank (ECB) is poised to execute its much-anticipated rate cut, scheduled to take effect on Thursday, June 6, 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-ship-management-revenue-up-despite-global-challenges
Revenue from Cyprus' ship management industry rose by 2.4% in the second half of 2023, despite facing significant global challenges such as rising freight costs and geopolitical tensions, including disruptions in the Red Sea by Houthi forces....
https://knews.kathimerini.com.cy/en/news/europe-on-alert-amid-measles-outbreak
Dr. Avraam Elia, Director of the Pediatric Department at Makario Hospital in Nicosia, emphasized the critical need to vaccinate children amid a resurgence of measles cases across Europe....
https://knews.kathimerini.com.cy/en/news/ferreira-backs-green-line-trade-for-cyprus-reconciliation
European Union (EU) Commissioner for Cohesion and Reform, Elisa Ferreira, emphasized the pivotal role of Green Line trade in fostering reconciliation in Cyprus during an exclusive interview with Yeni Douzen....
https://knews.kathimerini.com.cy/en/business/1-may-newsletter-of-k-treppides-co-ltd-cyprus-securities-and-exchange-commission-european-securities-and-markets-authority
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...
https://knews.kathimerini.com.cy/en/news/eu-warns-cyprus-on-15-business-tax-compliance
The European Commission has warned Cyprus and several other countries to step up their game on important new tax and data rules. Cyprus, along with Spain, Latvia, Lithuania, Poland, and Portugal, is under pressure to enforce a minimum 15% tax rate for big multinational companies, a key part of the EU’s efforts to ensure fair taxation....
https://knews.kathimerini.com.cy/en/business/resilient-ceos-embrace-ai-plan-for-sustainable-futures
Two in three CEOs optimistic about revenue and profit growth despite a challenging economic environment....
https://knews.kathimerini.com.cy/en/business/over-4-000-fewer-unemployed-in-cyprus
Cyprus is rejoicing as the latest figures from the Statistical Service of Cyprus (Cystat) reveal a significant boost in its labor market, with the unemployment rate plummeting to a joyful 6% in the first quarter of 2024....
https://knews.kathimerini.com.cy/en/news/world-bank-tribunal-backs-cyprus-2013-bank-measures
Cyprus’ Attorney-General, George Savvides said on Thursday that a decision by the International Arbitral Tribunal of the World Bank on the case Theodoros......
https://knews.kathimerini.com.cy/en/news/cyprus-investment-funds-increase-by-€293-million
The total assets of investment funds in Cyprus grew by approximately €293 million, or 4.5%, in March 2024 compared to December 2023, reaching €6.78 billion....
https://knews.kathimerini.com.cy/en/news/project-full-circle-to-break-speedboat-record-with-new-fuel-technology
Project Full Circle is an ambitious multi-million euro effort to design and build the fastest and most fuel-efficient speedboat to circumnavigate the globe, aiming to break the coveted UIM world record. ...
https://knews.kathimerini.com.cy/en/news/mistreatment-of-israeli-hostages-caught-on-camera
Families of Israeli hostages held by Hamas released a harrowing video on Wednesday depicting the mistreatment of women detained by the militant group....
https://knews.kathimerini.com.cy/en/comment/opinion/labor-shortage-hits-antiparos-island
The small Aegean island of Antiparos is in a fever of preparations for the summer’s tourism miracle. ...
https://knews.kathimerini.com.cy/en/news/cyprus-owes-the-uk-over-£1-4m-in-london-congestion-charges
Transport for London (TfL), the authority managing the British capital’s transportation system, has published an updated list of foreign embassies that have refused to pay the Congestion Charge, a fee imposed since 2003 on vehicles entering the city center....
https://knews.kathimerini.com.cy/en/news/world-leaders-to-visit-cyprus-in-support-of-amalthea-project
Heads of state are planning to visit Cyprus soon to show their support for the Amalthea project, said here on Tuesday President Nikos Christodoulides....
https://knews.kathimerini.com.cy/en/news/cyprus-inaugurates-troodos-observatory-to-boost-space-research-and-astrotourism
President Nikos Christodoulides inaugurated the Troodos Observatory in Agridia village on Sunday, marking a significant step in Cyprus' burgeoning space research and technology sector....
https://knews.kathimerini.com.cy/en/news/unic-climbs-to-115-globally-in-2024-the-young-university-rankings
The 2024 edition of the Times Higher Education (THE) Young University Rankings places the University of Nicosia (UNIC) at #115 worldwide, jointly with the University of Toulouse in France, among institutions 50 years old or younger. It is worth noting that the 2024 ranking includes 673 universities, up from 605 in 2023.
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https://knews.kathimerini.com.cy/en/news/iran-president-and-foreign-minister-die-in-helicopter-crash
Iranian president Ebrahim Raisi has died in a helicopter crash in foggy weather in the mountains near the border with Azerbaijan, Iranian state media has reported. Foreign minister Hossein Amir-abdollahian was among those killed....
https://knews.kathimerini.com.cy/en/news/hundred-years-of-royal-photos-on-display-at-buckingham-palace
Among the exhibits are many portraits of the royal family, whose history spans over 100 years....
https://knews.kathimerini.com.cy/en/news/april-2024-sees-decline-in-construction-costs-by-1-57
The Construction Materials Price Index in Cyprus decreased by 1.57% in April 2024 compared to the same month in the previous year, according to the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/news/eurobank-s-q1-profit-boosted-by-41m-from-hellenic-bank-investment
Eurobank reported an adjusted net profit of €383 million for the first quarter of 2024, with €92 million originating from Cyprus. ...
https://knews.kathimerini.com.cy/en/news/climate-action
Wopke Hoekstra has been the European Commissioner for Climate Action since 9 October 2023. Before assuming office in Brussels, he held various political positions in the Netherlands and worked in the private sector. ...
https://knews.kathimerini.com.cy/en/news/cyprus-among-top-3-in-eurozone-growth-for-2024
Cyprus stands out as one of the top performers in the Eurozone, boasting a robust growth rate for the year 2024, as announced by government spokesperson Constantinos Letympiotis today....
https://knews.kathimerini.com.cy/en/news/banking-sector-s-pledge-to-environmental-transition
Eliza has been the Executive Director of Finance since October 2019 and since October 2021 she has been an Executive Member of the Bank of Cyprus Board of Directors....
https://knews.kathimerini.com.cy/en/news/accountant-general-clarifies-operations-of-social-support-fund-headed-by-first-lady
Today, the Accountant General of the Republic stepped in to clear the air about how a special fund is being managed. This fund, known as the Independent Social Support Body, is overseen by Philippa Karsera, the First Lady....
https://knews.kathimerini.com.cy/en/news/king-charles-modern-portrait-revealed-after-coronation
King Charles' inaugural portrait, revealed on Tuesday following his coronation in May 2023, presents a striking blend of tradition and contemporary artistry....
https://knews.kathimerini.com.cy/en/news/cypriot-banks-set-to-exceed-2023-s-record-profits-in-2024
Cypriot banks are maintaining a low profile, but it's expected that 2024 will bring in higher profits compared to the record-breaking figures of 2023. ...
https://knews.kathimerini.com.cy/en/news/kyriakides-announces-eu-allocation-of-€11m-to-bridge-mental-health-gaps
In a recent announcement coinciding with European Mental Health Week, EU Commissioner for Health and Food Safety Stella Kyriakides revealed......
