https://knews.kathimerini.com.cy/en/business/cyprus-economy-grows-strong-at-2-5-in-q3-2023
Good news for Cyprus! The country's economy had a solid growth spurt, reaching 2.5% in the third quarter of 2023. That's better than the same time last year. ...
https://knews.kathimerini.com.cy/en/business/nicosia-mall-reveals-ambitious-plans-for-limassol-shopping-center
In a recent announcement, Nicosia Mall disclosed its intentions for the forthcoming opening in Limassol. ...
https://knews.kathimerini.com.cy/en/news/cyprus-shuts-down-1-300-illegal-med-websites
For the 13th consecutive year, the Republic of Cyprus actively participated in Operation PANGEA XVI, held from October 3 to 10, 2023....
https://knews.kathimerini.com.cy/en/news/al-jazeera-report-trial-postponed-as-case-hits-legal-snag
In a significant development, the criminal case involving the Al Jazeera report and events tied to the exceptional naturalization of foreign investors and businessmen saw a postponement on Tuesday. ...
https://knews.kathimerini.com.cy/en/news/michael-kyprianou-co-scoops-prestigious-cyprus-firm-of-the-year
Michael Kyprianou & Co LLC has been awarded the Cyprus Firm of the Year Award by Who’s Who Legal (WWL). ...
https://knews.kathimerini.com.cy/en/business/surging-airbnb-revenues-by-27-in-occupied-territories
For 2022 alone, there has been a 27% increase in Airbnb income in the occupied territories, with the annual amount per accommodation reaching 24 thousand....
https://knews.kathimerini.com.cy/en/news/local-retreat-offers-healing-haven-for-israeli-massacre-survivors
In the aftermath of the devastating Supernova party massacre in Israel, survivors find solace in a luxurious retreat offered by the Secret Forest Center in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/cyprus-seizes-glory-in-small-states-of-europe-badminton-clash
The Cypriot National Badminton Team has won the gold medal at the Small States of Europe Badminton Team Championships held in Malta 3-5 November 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-challenges-court-ruling-on-laiki-bank-haircuts
The Central Bank of Cyprus (CBC) declared on Tuesday its intention to appeal the Limassol District Court's decision favoring the claimant in the Laiki Bank deposit impairment case from 2013....
https://knews.kathimerini.com.cy/en/news/icelandic-authorities-brace-for-eruption-following-earthquakes-and-magma-surge
Icelandic authorities are bracing for a potential volcanic eruption in the southwest of the island following a series of earthquakes and signs of rapidly spreading magma underground....
https://knews.kathimerini.com.cy/en/news/hiv-patients-denied-care-forced-to-halt-medication
In 2023, although HIV is no longer contagious, HIV-positive patients in Cyprus continue to face marginalization and social exclusion when taking medication....
https://knews.kathimerini.com.cy/en/news/feline-covid-strain-linked-to-8-000-cat-deaths-in-cyprus-surfaces-in-the-uk
A deadly strain of Covid, believed to be responsible for over 8,000 cat deaths in Cyprus has spread to the UK, scientists have said....
https://knews.kathimerini.com.cy/en/news/young-paphos-resident-transforms-home-into-enchanted-spectacle
In a festive tradition reminiscent of a fairy tale, Christos, a dedicated young resident, has transformed his family home into a magical wonderland ahead of the Christmas celebration....
https://knews.kathimerini.com.cy/en/news/boc-reports-€349-million-in-profits-plans-employee-bonuses-for-2024
In a significant financial turnaround, Bank of Cyprus reported a notable profit of €349 million for the nine months ending September 30, 2023, marking a substantial improvement from the €19 million loss in the same period last year. ...
https://knews.kathimerini.com.cy/en/news/explosive-report-will-unveil-cyprus-secret-financial-dance-with-russia
The International Consortium of Investigative Journalists (ICIJ) has unveiled an extensive eight-month investigation named "Cyprus Confidential," as disclosed in posts on Social Media X....
https://knews.kathimerini.com.cy/en/business/eurozone-economic-snapshot-november-13-2023
Inflation in the Eurozone, which stood at 10.6% in October 2022, has decreased to 2.9% in October 2023, sparking optimism among central bankers....
https://knews.kathimerini.com.cy/en/business/finyard-launches-in-cyprus-providing-innovative-software-solutions-for-the-fintech-space
Finyard, an innovative software solutions provider, that helps global brands within the FinTech space offer their clients cutting-edge applications, has opened its doors in Cyprus....
https://knews.kathimerini.com.cy/en/news/unveiling-the-playful-magic-of-christmas-decor
As the high temperatures persist on our island, Christmas might feel distant, but the festive season is just around the corner! Get ready to infuse your home with the magic of Christmas lights and vibrant colors....
https://knews.kathimerini.com.cy/en/news/the-22-year-old-mastermind-in-kalogeropoulos-murder
In a dramatic turn of events, authorities handed over a 21-year-old suspect connected to the murder of Thanasis Kalogeropoulos. The individual voluntarily presented himself in Tae Larnaca, leading to his arrest on Friday afternoon....
https://knews.kathimerini.com.cy/en/news/minister-unleashes-4-boost-for-retirees
In a significant move to enhance the well-being of pensioners, Labor and Social Insurance Minister Yiannis Panayiotou declared a nearly 4% increase in basic pensions for the upcoming year....
https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-swells-as-imports-surge-in-2023
Cyprus faces a growing trade deficit, reaching €6,490.8 million in January-September 2023, a €685.1 million increase from the same period in 2022, reports the Statistical Service of Cyprus. Total imports surged by 12.7% to €9,756.5 million, with exports rising by 14.6% to €3,265.7 million during the same period....
https://knews.kathimerini.com.cy/en/news/financial-tsunami-looms-as-limassol-court-decision-sends-shockwaves-through-cyprus
In a potentially precedent-setting decision, the Limassol District Court has upheld its initial ruling in favor of a Russian depositor of the People's Bank, potentially exposing the state to financial implications of up to 2-3 billion euros....
https://knews.kathimerini.com.cy/en/business/deloitte-celebrates-65-years-of-success-in-cyprus
This year marks 65 years of continuous successful presence for Deloitte in Cyprus. The company celebrated 65 years of ''making an impact that matters'' at an event held on 2 November, in the presence of all partners and staff. ...
https://knews.kathimerini.com.cy/en/news/zelenskyy-s-unspoken-strategy-for-ukraine-s-victory
Ukraine's counteroffensive is still on track and will achieve its set goals by the end of the year, President Volodymyr Zelenskyy said on Wednesday....
https://knews.kathimerini.com.cy/en/news/ministries-unite-to-transform-halloumi-industry
There is a need for order, mainly regarding the conduct of inspections but also other issues related to the production and distribution of halloumi cheese, the Ministry of Commerce and the Ministry of Agriculture are trying, with George Papanastasiou and Petros Xenofontos agreeing that the management of all issues concerning the product, should be transferred to one and only ministry. And this was deemed necessary, since halloumi is now a protected designation of origin....
https://knews.kathimerini.com.cy/en/news/why-astrobank-and-cdb-bank-couldn-t-agree-on-a-price
The deal between Astrobank and CDB Bank fell apart over a few million euros, even though they had given a "reason" and had agreed on the price in September 2023....
https://knews.kathimerini.com.cy/en/business/1-residential-and-agricultural-land-for-sale-by-astrobank
AstroBank is selling agricultural and residential land in various areas of Cyprus such as Famagusta, Larnaca, Paphos, and Nicosia....
https://knews.kathimerini.com.cy/en/news/european-commission-demands-turkey-s-commitment-to-un-framework-on-cyprus
The European Commission’s annual report on Turkey’s EU accession process, presented in Brussels on Wednesday, stressed the need for a Cyprus settlement based on a bizonal bicommunal federation as the only solution that is acceptable by the EU....
https://knews.kathimerini.com.cy/en/news/police-force-faces-renewed-criticism-after-recent-tragedies
The debate on the problems in the police force, which was a hot topic in the public sphere last week due to the two fatal attacks that occurred in a short span of time, was reignited on Wednesday, when all the relevant officials, led by the Minister of Justice and Public Order, Anna Koukkidi-Prokopiou and the Chief of Police, Stelios Papatheodorou, met in the Parliament's Institutions Committee....
https://knews.kathimerini.com.cy/en/news/rising-number-of-bounced-checks-a-growing-concern
A total of 36 bad cheques, worth €566,732, were issued in October 2023, with 21 persons (14 legal entities and 7 natural persons) being registered in the preliminary list of the Central Information Register for the Issuers of Dishonoured Cheques (CIR), maintained by the Central Bank of Cyprus (CBC)....
