https://knews.kathimerini.com.cy/en/news/2024-court-documents-to-expose-epstein-s-associates-and-victims
In a significant development tied to the legal aftermath of the Jeffrey Epstein case, court documents containing the names of over 170 high-profile associates and victims are slated to be unsealed at the commencement of 2024....
https://knews.kathimerini.com.cy/en/news/the-landmark-nicosia-s-modern-icon-emerges
In a radical transformation, The Landmark Nicosia is set to recapture Cypriot hearts, promising a revival of its former glory and embedding itself in the daily lives of citizens.
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https://knews.kathimerini.com.cy/en/news/greece-named-economist-country-of-the-year-2023
The Economist magazine has declared Greece the country of the year for 2023, with Prime Minister Kyriakos Mitsotakis, in a post, referring to the "recognition of the efforts of the Greek people."...
https://knews.kathimerini.com.cy/en/news/2024-budget-gets-green-light-–-inside-scoop-on-state-wage-proposals
The 2024 budget was passed into law relatively comfortably, with a total of 37 MPs voting for it, while 19 were opposed. ...
https://knews.kathimerini.com.cy/en/news/half-of-cyprus-loans-vulnerable-to-euribor-and-ecb-rates
Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....
https://knews.kathimerini.com.cy/en/news/divisions-in-cyprus-amplify-fact-checking-challenges
Cyprus, an ethnically divided island in the Mediterranean, is like any other nation: It’s been hit by a wave of misinformation, and residents are trying to keep up....
https://knews.kathimerini.com.cy/en/news/un-s-envoy-lands-in-cyprus-for-critical-diplomacy-on-cyprus-problem
In early January, the new Special Envoy of the UN Secretary-General, Maria Angela Holguin Cuellar, will arrive in Cyprus....
https://knews.kathimerini.com.cy/en/news/cbc-warns-of-non-performing-loan-surge-amid-economic-challenges
The Central Bank of Cyprus (CBC) issued a warning on Monday, cautioning about the potential influx of non-performing loans (NPLs) driven by high-interest rates and inflation, which are impacting households' disposable income and businesses' profitability....
https://knews.kathimerini.com.cy/en/news/fifa-imposes-transfer-embargo-on-11-cypriot-clubs-over-outstanding-debts
In an anticipated move, FIFA has enforced a transfer embargo on 11 Cypriot football clubs due to lingering debts. The repercussions highlight a recurrent pattern where managements,...
https://knews.kathimerini.com.cy/en/news/which-city-will-win-culture-capital-2030-in-cyprus
Deputy Minister of Culture, Vasiliki Kassianidou, announced on Monday that the official process was launched through which the cities of Cyprus are invited to submit an application to claim the title of the 2030 European Capital of Culture.
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https://knews.kathimerini.com.cy/en/news/government-unveils-e-justice-system-for-streamlined-legal-processes
In a significant move toward digital transformation, Cyprus inaugurated the e-justice information system on Monday, enabling the electronic registration of documents throughout the judicial process....
https://knews.kathimerini.com.cy/en/news/president-spills-details-on-unsg-s-envoy-–-big-changes-ahead
Cyprus President, Nikos Christodoulides, has said that the UNSG's envoy for Cyprus should spend time on the island rather than paying a visit for some days, adding that as he has been informed her appointment will go into effect on January 1st, 2024.
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https://knews.kathimerini.com.cy/en/news/themis-themistocles-signals-potential-2024-interest-rate-cut
In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...
https://knews.kathimerini.com.cy/en/news/government-seeks-€1b-via-emnt-bond-in-2024
Cyprus’ financing needs for 2024 amount to €1.3 billion, largely to be covered by the issuance of a €1 billion EMNT bond, the Finance Ministry’s Public Debt Management Office (PDMO) has said.
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https://knews.kathimerini.com.cy/en/news/uk-and-cyprus-to-strengthen-global-collaboration
The UK Foreign, Commonwealth and Development Office Director General for Europe, Peter Wilson and the Republic of Cyprus Ministry of Foreign Affairs Permanent Secretary, Kyriacos Kouros chaired the first annual review of the UK-Cyprus Memorandum of Understanding....
https://knews.kathimerini.com.cy/en/news/eu-council-s-historic-decision-to-benefit-ukraine-moldova-and-georgia
Without agreement on the European budget, the first day of the European Council meeting was concluded at 2.30 Brussels time (3.30 a.m. on Friday), as no "common ground" was found on the revision of the budget (2021-2027), due to lack of unanimity....
https://knews.kathimerini.com.cy/en/news/government-joins-elite-with-third-plea-for-€152-3m
Acting Permanent Secretary of DG Growth at the Finance Ministry, Andreas Zachariades, said on Thursday that as of Friday, Cyprus will be among the first ten EU member states that have submitted the third payment request from the Recovery and Resilience Mechanism of the EU....
https://knews.kathimerini.com.cy/en/news/cyprus-nears-digital-judicial-transformation-with-new-e-justice-system
Deputy Minister of Research, Innovation, and Digital Policy, Philippos Hadjizacharias, anticipates the finalization of the new e-justice system by February 2024, marking a crucial stride in Cyprus' digital transformation. ...
https://knews.kathimerini.com.cy/en/news/the-climb-to-success-in-the-public-sector-pay-scale
The Ministry of Finance has officially disclosed the main provisions of the agreement reached with trade unions PASYDY and FCC, outlining significant salary advancements for public and broader public sector employees, including those within Local Government Authorities. ...
https://knews.kathimerini.com.cy/en/news/ministry-reverts-vat-refund-amount-to-€50
The Ministry of Finance's new circular set to change in 2024, altering the decision that foresaw an increase in the minimum expenditure from €50 to €175. ...
https://knews.kathimerini.com.cy/en/news/cyprus-consortium-s-march-deadline-for-aphrodite-gas-field-revamp
The consortium licensed for Cyprus’ ''Aphrodite'' gas field will update the development and production plan of the field by March 31, as announced by the Minister of Energy, Commerce, and Industry, George Papanastasiou....
https://knews.kathimerini.com.cy/en/news/new-online-service-for-2024-european-elections
The Ministry of Interior announced on Tuesday the operation of the electronic information service for registration in the special electoral roll for the 2024 European elections of citizens, who reside in areas where the Government of the Republic does not exercise effective control. ...
https://knews.kathimerini.com.cy/en/news/russian-opposition-leader-navalny-goes-missing
Lawyers representing Alexey Navalny revealed on Monday that they've lost contact with the imprisoned Russian opposition leader....
https://knews.kathimerini.com.cy/en/business/stephanis-leads-the-charge-in-€17-7m-commercial-venture
Alexandros Stephanis & Co Ltd is making waves in the real estate scene with a visionary €17.7 million mixed commercial and residential development....
https://knews.kathimerini.com.cy/en/news/leaders-meet-amidst-un-envoy-appointment
President Christodoulides and Turkish Cypriot leader Ersin Tatar met under new circumstances, following developments in the appointment of the UN Secretary General's Special Envoy for Cyprus....
https://knews.kathimerini.com.cy/en/news/minors-still-held-in-adult-prisons-urgent-action-needed
In a concerning development, legislation addressing the detention of minors in adult prisons remains stalled since 2021....
https://knews.kathimerini.com.cy/en/news/german-ambassador-highlights-cyprus-vital-role-in-israeli-palestinian-conflict
In a recent interview with the Cyprus News Agency, German Ambassador to Cyprus Anke Schlimm emphasized the urgent need to avert a humanitarian catastrophe in Gaza....
https://knews.kathimerini.com.cy/en/news/postal-workers-strike-over-burnout-and-job-insecurity
In a decisive move, 300 members of the Branch Council of Postal Distributors, part of the Pancyprian union "Equality," launched a strike today, set to last until Friday....
https://knews.kathimerini.com.cy/en/news/biden-s-approval-hits-record-low-as-trump-gains-momentum
In a recent Wall Street Journal poll, Donald Trump takes a lead over Joe Biden for the 2024 presidential election, marking a pivotal moment in the race....
https://knews.kathimerini.com.cy/en/news/cypriot-bonds-hold-firm-at-€6-75-billion-amid-ecb-moves
As of the end of November, data from the Cypriot Central Bank reveals that the Eurosystem maintained its holdings of Cypriot bonds valued at €6.75 billion...
