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331. Tariffs, reforms, and rate cuts: 2025’s economic balancing act

As we look ahead to 2025, experts at UBS are forecasting steady global economic growth, but not without a few bumps along the way....

332. ELPIS is a lifeline for victims of domestic violence

The “ELPIS” application, designed specifically for victims of domestic violence at high risk, will become operational in the coming days....

333. Mango founder Isak Andic dies at 71 after tragic accident

Isak Andic, the visionary behind global fashion brand Mango, tragically passed away at the age of 71 following an accident during a family excursion. ...

334. ''No Last Chances'' — The UK’s view on Cyprus, NATO, and post-Brexit hurdles

In an interview with Kathimerini's Marina Economidou , British High Commissioner to Cyprus, Michael Tatham, doesn’t shy away from addressing some of the more pressing and controversial issues shaping relations between the UK and Cyprus....

335. Cyprus MPs vote on major bills, including tax hikes and baby bonuses

The Cyprus Parliament was busy on Thursday, voting on a series of important bills that could reshape the island's economic landscape and support families....

336. ECB announces final rate cut for 2024

The European Central Bank (ECB) has announced a 25 basis point reduction in interest rates, marking the fourth consecutive cut for 2024....

337. US expands Cyprus defence role

US defence cooperation with Cyprus just took a significant step forward. Thanks to a new amendment to the US National Defence Authorization Act (NDAA), ...

338. Moody’s Nick Hill on financial risks and opportunities for 2025

In an insightful conversation with Kathimerini's Panayiotis Rougalas, Nick Hill discusses the key macroeconomic risks and opportunities facing the region in 2025....

339. Government launches mortgage subsidy to ease inflation’s grip

The government of Cyprus is stepping up to help homeowners struggling with rising interest rates and inflation....

340. Geopolitical turbulence presents a looming threat to 2025 economic growth

Speaking at the 20th Economist Conference in Nicosia, Nick Hill highlighted the macroeconomic and geopolitical challenges shaping the global financial environment....

341. Major developments expected in 2025 for Vasilikos

The year 2025 is shaping up to be pivotal for the long-delayed PV terminal project in Vasilikos, following last year’s setback caused by the withdrawal of the Chinese consortium CMC. ...

342. Cyprus faces Schengen conundrum amid unresolved division

Cyprus remains caught in a political and logistical bind as Bulgaria and Romania prepare to join the Schengen free-movement area on January 1, 2025, according to a report by Kathimerini's Pavlos Xanthoulis....

343. Why the NATO debate is still a divisive issue in Cyprus

The NATO debate in Cyprus has always been polarizing. Unlike the real debate on membership in the North Atlantic Alliance—which requires preconditions and an invitation, not just an "application"—...

344. GM and Cadillac gear up for Formula 1 debut in 2026

In an exciting development for motorsport fans, General Motors and Cadillac have reached an agreement in principle to enter Formula 1 as an 11th team starting in 2026. ...

345. Geoeconomic tensions and Cyprus: Staying the course amid challenges ahead

Geoeconomic fragmentation, the reversal of progress towards global economic and financial integration due to political and military conflict and strategic policy decisions, is rising....

346. Spain fines Ryanair and other low-cost airlines €179M for abusive practices

Spain's Ministry of Consumer Affairs has slapped five major low-cost airlines with hefty fines totaling €179 million for a range of alleged abusive practices, including charging extra fees for hand luggage. ...

347. Cyprus to tighten rules for migrants who commit crimes

Cyprus is reviewing its rules for handling migrants who have special protection but commit serious crimes, according to a report by Kathimerini's George Kakouris....

348. Cyprus bids for IMO council seat as Minister heads to Hong Kong, London

Deputy Minister of Shipping, Marina Hadjimanolis is travelling to Hong Kong Wednesday, at the invitation of the President of the International Chamber of Shipping, ...

349. Fired Paphos-Polis road contractor wants €35 million payout

The Cyprus government has formally terminated its contract with Intrakat, a Greek construction company, for the long-awaited Paphos-Polis Chrysochous motorway, citing severe delays and excessive demands from the contractor....

350. EU probes €101 million grant in Vasilikos project and Cyprus officials' role

The European Public Prosecutor's Office (EPPO) investigation into potential misconduct involving Cyprus's Vasilikos liquefied natural gas (LNG) terminal project, which received €101 million in EU funds, is advancing and is now in a critical phase, according to a report by APostolos Tomaras....

351. Cyprus repays over €1B in debt, easing financial strain

Cyprus made strides in paying down its debt in the second quarter of 2024, settling over €1 billion in bonds and loans....

352. From TikTok to Parliament? Cyprus influencers set sights on 2026 Elections

Since Fidia's Panayiotou's election to the European Parliament, with nearly 73,000 votes, political observers in Cyprus have been analyzing the so-called "Fidias phenomenon."...

353. Germany: €60 billion budget shortfall rocks Europe's largest economy

Germany’s tax revenues are projected to fall nearly €60 billion short of earlier expectations over the next five years, intensifying budget challenges for Chancellor Olaf Scholz’s government and straining the already fragile three-party coalition....

354. Cyprus achieves first A-level credit rating in major milestone

Scope Ratings has upgraded Cyprus's credit rating to A- from BBB+, marking the country's first A-level rating from a major credit agency....

355. Vasilikos terminal in limbo as negotiations hang by a thread

According to Apostolos Tomaras in today's Kathimerini, four months after the Chinese consortium pulled out of the construction of the Vasilikos terminal, efforts to fill the gap are still getting started....

356. Water crisis looms as Cyprus dams hit 27%

Cyprus is grappling with a severe water shortage as the ongoing drought pushes the country's dam capacity to worrying levels. According to Gianna Economidou......

357. Cyprus' infrastructure shines as MED9 Summit boosts tourism

358. Global debt to exceed $100 trillion this year

Global public debt is nearing the size of the world economy, posing risks to living standards in developed nations, the International Monetary Fund (IMF) warned....

359. Cyprus to launch first homegrown satellite by 2026

Cyprus is making strides in space technology as the Cyprus Space Research and Innovation Centre (C-SpaRC) prepares to unveil its first satellite, set for launch in 2026. ...

360. Tesla unveils Robotaxi and Optimus Robot at ‘We, Robot’ event

Tesla CEO Elon Musk showcased the company’s latest autonomous vehicle, the Cybercab Robotaxi, during the "We, Robot" event at Warner Bros. Studios on Thursday....