https://knews.kathimerini.com.cy/en/news/new-investment-frontier-opens-for-citizens
Citizens now have access to and can invest in bonds issued by the Republic of Cyprus. In a recent auction by the Public Debt Management Office......
https://knews.kathimerini.com.cy/en/news/pollution-problems-plague-cyprus-ports
Ports are under scrutiny for violations including changing ballast water without proper consent, leading to significant air pollution and discharge of solid waste. ...
https://knews.kathimerini.com.cy/en/business/2-april-newsletter-of-k-treppides-co-ltd-cyprus-securities-and-exchange-commission
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/business/hellenic-set-to-acquire-cnp-in-multimillion-euro-deal
Everything appears to be proceeding smoothly, and it seems that CNP Cyprus will soon be under the ownership of Hellenic Bank....
https://knews.kathimerini.com.cy/en/news/155-million-crossings-in-over-two-decades
In the two decades since the roadblocks opened, travel between the divided territories in Cyprus has seen a significant increase, according to data from the Ministry of Tourism cited by Yeni Douzen. The figures reveal a total of 155 million crossings from April 23, 2003, to the present day....
https://knews.kathimerini.com.cy/en/news/human-rights-status-remains-steady-in-cyprus
The US State Department's annual report on human rights reveals that the situation in Cyprus saw no significant changes in 2023. The report covers both the Republic of Cyprus and the area administered by Turkish Cypriots, emphasizing the unique political landscape of the island....
https://knews.kathimerini.com.cy/en/news/cyprus-lags-in-online-book-shopping
Cyprus ranked lowest in the European Union for online purchases of printed or digital books, magazines, or newspapers in 2023, according to Eurostat data released on World Book Day. ...
https://knews.kathimerini.com.cy/en/news/uk-prime-minister-confirms-delay-in-rwanda-deportation-flights
The Rwanda deportation scheme will not begin until the summer, Rishi Sunak admitted on Monday, acknowledging a further delay to the policy even as MPs and peers began debating it for the final time....
https://knews.kathimerini.com.cy/en/news/minister-stands-against-early-fees-for-great-sea-interconnector
Cypriot electricity consumers should not be burdened with a surcharge before the operation of the electricity interconnector linking Greece and Cyprus and the consequent reduction of electricity costs, Minister of Energy, Commerce and Industry George Papanastasiou said on Monday....
https://knews.kathimerini.com.cy/en/news/cyprus-leads-eu-with-highest-rate-of-asylum-seekers
Cyprus had the highest rate of registered first-time applicants for asylum compared to its population in January 2024, according to the latest monthly asylum data released by Eurostat....
https://knews.kathimerini.com.cy/en/news/cyprus-ends-2023-with-€918-7-million-fiscal-surplus
Cyprus's financial report card for 2023 is in, and it's showing some positive signs. According to the Statistical Service of Cyprus, the country ended the year with a fiscal surplus of €918.7 million. That's like having extra money left over after paying all the bills....
https://knews.kathimerini.com.cy/en/news/europe-s-heat-related-deaths-surge-by-30-in-20-years-report-finds
Scorching weather has baked Europe in more days of “extreme heat stress” than its scientists have ever seen....
https://knews.kathimerini.com.cy/en/news/cypriot-banks-predicted-to-surpass-€1-2-billion-profits-in-2024
In a landmark year, Cypriot banks soared to unprecedented heights, boasting profits exceeding €1.1 billion in 2023....
https://knews.kathimerini.com.cy/en/news/commissioner-orders-payment-of-single-parent-allowance-waiting-for-2-5-years
Maria Stylianou Lottides, the Commissioner for Administration and Protection of Human Rights, has strongly recommended the swift disbursement of a single-parent family allowance to a complainant. ...
https://knews.kathimerini.com.cy/en/news/famagusta-s-tourism-success-development-struggles
Famagusta Province in Cyprus boasts the highest tourism revenue contribution nationwide, but falls short in infrastructure development and enhancement projects....
https://knews.kathimerini.com.cy/en/news/prince-albert-of-monaco-makes-low-key-visit-to-cyprus
Prince Albert of Monaco recently made a low-key visit to Cyprus following his participation in the ''Our Ocean Conference'' held in Athens, Greece. The prince arrived on the evening of April 17th, keeping his trip to the island private....
https://knews.kathimerini.com.cy/en/news/turkish-defense-leaks-signal-aegean-park-conflict
Tensions with Ankara have resurfaced again after Ankara’s objections to Greece’s announcement to designate marine parks, including one in the Aegean Sea....
https://knews.kathimerini.com.cy/en/business/alternative-investments-and-portfolio-diversification
In contrast to traditional investments in stocks and bonds, portfolios incorporating alternative investments have historically offered higher returns, a trend that has become more prevalent in recent years. ...
https://knews.kathimerini.com.cy/en/news/britain-s-prince-harry-officially-a-us-resident
In a significant move, Prince Harry, formally known as Prince Henry Charles Albert David Duke of Sussex, has officially declared himself a resident of the United States, as per a recent regulatory filing in the United Kingdom....
https://knews.kathimerini.com.cy/en/news/two-russians-held-for-alleged-spy-activities-in-germany
Two Russian nationals have been arrested in southern Germany suspected of plotting sabotage attacks on US military facilities, German prosecutors announced on Thursday....
https://knews.kathimerini.com.cy/en/news/imf-predicts-growth-and-lower-unemployment-rates
The Ministry of Finance welcomed, in a press release on Wednesday, the new estimates for Cyprus by the International Monetary Fund (IMF) as part of the World Economic Outlook (WEO)....
https://knews.kathimerini.com.cy/en/business/tensions-mount-over-great-sea-interconnector
The Greek Energy Minister, Theodoros Skylakakis, expressed frustration at the Delphi Economic Forum regarding the tactics employed by the Cypriot government concerning the final investment decision on the Great Sea Interconnector power cable. ...
https://knews.kathimerini.com.cy/en/news/cyprus-public-debt-declines-economic-outlook-brightens
According to a report by Panayiotis Rougalas, Cyprus is seeing a promising reduction in its public debt, with figures suggesting a return to 2019 levels....
https://knews.kathimerini.com.cy/en/news/drug-enforcement-cops-send-420-youths-to-rehab
Between 2021 and 2024, YKAN, Cyprus' drug enforcement agency, facilitated rehabilitation treatment programs for 420 young individuals, the majority of whom were students. ...
https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/news/surge-in-irregular-migrant-returns-from-cyprus-in-2024
Cyprus has seen a significant rise in the number of returns of irregular migrants in 2024 compared to the previous year, attributed to government measures aimed at strengthening the returns sector....
https://knews.kathimerini.com.cy/en/news/turkey-s-central-bank-reports-2023-loss-of-818-2b-lira
Turkey’s central bank posted a 2023 loss of 818.2 billion lira ($25.25 billion), showed its balance sheet published in the Official Gazette on Sunday, on the back of steep loss stemming from the “KKM” foreign exchange-protected deposit scheme....
https://knews.kathimerini.com.cy/en/news/cyprus-betting-sector-breaks-records-with-€1-billion-revenue
The revenues of the betting activity in the Republic of Cyprus recorded an upward trend for another quarter, confirming the dynamic and stable growth of the sector.
...
https://knews.kathimerini.com.cy/en/business/what-economic-headlines-are-making-waves-this-week
Amidst a backdrop of economic shifts and global challenges, a series of key developments are shaping the financial landscape. ...
https://knews.kathimerini.com.cy/en/news/germany-under-fire-for-arms-sales-to-israel-amid-gaza-conflict
Germany will face a fresh call to revoke all arms sales to Israel on Thursday in a lawsuit that puts more pressure on Berlin amid a rising outcry about the scale of deaths and destruction in the war on Gaza....
