https://knews.kathimerini.com.cy/en/news/ecb-cuts-key-interest-rate-to-3-5-amid-slowing-inflation-and-growth-concerns
The European Central Bank (ECB) cut its key interest rate by 25 basis points to 3.5%, responding to slowing inflation in the Eurozone and concerns over weak growth. ...
https://knews.kathimerini.com.cy/en/news/national-guard-opens-doors-to-women-in-cyprus
Cyprus announced on Sunday that women will be able to voluntarily serve in the National Guard for six to 14 months, starting in 2025....
https://knews.kathimerini.com.cy/en/news/nicosia-faces-financial-strain-amid-local-government-reforms
In an article in this Sunday's Kathimerini, Apostolos Tomaras writes that Just two months into the tenure of Cyprus’ new local government, the Nicosia Municipality is grappling with significant financial challenges, raising concerns about its ability to comply with legal requirements....
https://knews.kathimerini.com.cy/en/news/scientists-find-massive-underground-water-source-on-mars
Geophysicists have uncovered a vast underground ocean beneath Mars' surface, a discovery that may hold significant implications for the search for life on the Red Planet....
https://knews.kathimerini.com.cy/en/news/us-greenlights-$20-billion-arms-sale-to-israel
The U.S. has approved a $20 billion arms sale to Israel, the State Department announced Tuesday. ...
https://knews.kathimerini.com.cy/en/news/kamala-harris-selects-tim-walz-as-running-mate
Viewed by many as a dark horse candidate, Illinois Gov. J.B. Pritzker has not been selected to serve as Kamala Harris’ running mate. Harris chose Minnesota Gov. Tim Walz as the Democratic Party’s vice-presidential candidate...
https://knews.kathimerini.com.cy/en/news/central-bank-revises-gdp-growth-to-3
The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth rate for 2024, by 0.2 percentage points, to 3%......
https://knews.kathimerini.com.cy/en/news/cypriot-and-foreign-investors-keen-on-larnaca-s-€30m-marina-project
Transport Minister Alexis Vafeadis announced significant interest from both Cypriot and foreign investors in the development of the Larnaca marina and port....
https://knews.kathimerini.com.cy/en/news/uber-to-add-100-000-electric-cars-to-its-global-fleet
Uber has announced a deal to integrate 100,000 electric vehicles (EVs) from China's BYD into its global fleet....
https://knews.kathimerini.com.cy/en/business/bank-of-england-cuts-interest-rates-after-nearly-a-year-of-stability
The Bank of England (BoE) has cut interest rates for the first time since the start of the COVID-19 pandemic, dropping them from a 16-year high. This decision, made by a narrow 5-4 vote, reflects a split among policymakers about whether inflation is under control....
https://knews.kathimerini.com.cy/en/news/larnaca-marina-gets-€30m-upgrade-port-project-postponed
The government abandoned the joint development of the Larnaca port and marina, announcing on Thursday projects estimated at over €30 million to upgrade the marina and the surrounding area, heeding the suggestions of the city’s local stakeholders....
https://knews.kathimerini.com.cy/en/news/christodoulides-hints-at-major-developments-in-cyprus-problem-this-august
Cyprus President Nikos Christodoulides met with the heads of the country’s diplomatic missions on Tuesday morning, July 30. ...
https://knews.kathimerini.com.cy/en/news/von-der-leyen-s-eu-role-for-mediterranean-attracts-cyprus
Cyprus President Nikos Christodoulides is seeking control of a newly proposed role within the European Commission, aimed at overseeing EU policy for the Mediterranean region....
https://knews.kathimerini.com.cy/en/news/cyprus-signs-€50-million-contract-for-smart-meters
A €50 mln contract for Advanced Metering Infrastructure (ΑΜΙ) was signed on Wednesday between the Electricity Authority of Cyprus (EAC) and the Cyprus Telecommunications Authority (CYTA)....
https://knews.kathimerini.com.cy/en/news/cyprus-commemorates-half-a-century-since-turkish-invasion
Half a century has passed since the tragic morning of July 20, 1974, when Turkish forces invaded Cyprus, marking the start of a prolonged period of death, destruction, and occupation that persists to this day. ...
https://knews.kathimerini.com.cy/en/news/jamie-dimon-eyed-for-treasury-secretary-by-trump
Former President Donald Trump stated in an interview with Bloomberg that he has no intention of removing Federal Reserve Chair Jerome Powell from his position before Powell's term concludes....
https://knews.kathimerini.com.cy/en/news/hidden-threat-trifluoroethanoic-acid-found-in-european-drinking-water
A recent study has uncovered a concerning issue in Europe's drinking water: the presence of trifluoroethanoic acid (TFA), a chemical that current tests don't detect. The study, conducted by PAN Europe, found TFA in tap water and bottled mineral water across several European countries....
https://knews.kathimerini.com.cy/en/news/deputy-minister-unveils-eu-s-strategic-agenda-to-ministers
Deputy Minister for European Affairs Marilena Raouna presented on Wednesday to the members of the Council of Ministers the EU Strategic Agenda that will guide the work and priorities of the EU institutions for the next five years....
https://knews.kathimerini.com.cy/en/news/cbc-to-keep-dividends-low-despite-bank-profits
The increased profitability of Cypriot banks, will not affect the supervisory authorities’ views over the necessity to maintain a prudent policy with respect to banks’ dividend payments, the Central Bank of Cyprus said in its annual report for 2023, published on Wednesday....
https://knews.kathimerini.com.cy/en/news/president-launches-cultural-drive-ahead-of-2026-eu-presidency
''We must do much more for our culture", the President of the Republic, Nikos Christodoulides said, inaugurating, in Platres, in Limassol District......
https://knews.kathimerini.com.cy/en/news/cyprus-meets-trafficking-standards-us-state-department-report
The Government of the Republic of Cyprus fully meets the minimum standards for the elimination of trafficking, the State Department said in its report regarding "In Persons Trafficking"....
https://knews.kathimerini.com.cy/en/news/minister-michaelidou-affirms-cyprus-commitment-to-european-schools
Cyprus has the intention to prioritize the aims of the European Schools System the Cyprus Presidency of the Council of the EU in the first half of 2026, Minister of Education, Sport and Youth Dr. Athena Michaelidou has said....
https://knews.kathimerini.com.cy/en/news/unesco-recognizes-larnaca-as-cyprus-first-tsunami-ready-city
Larnaca is set to become the first coastal city in Cyprus to implement an early warning system and tsunami evacuation plan...
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https://knews.kathimerini.com.cy/en/news/cyprus-nears-visa-free-us-travel-in-final-stages
sident of the Republic Nikos Christodoulides said Wednesday that Cyprus is at the final stage regarding joining the Visa Waiver Program thus becoming eligible for visa-free entry into the USA....
https://knews.kathimerini.com.cy/en/news/standard-poor-s-upgrades-bank-of-cyprus-rating
Standard & Poor’s (S&P) has upgraded Bank of Cyprus’ long-term issuer rating to BB+, just one notch below investment-grade status, and assigned a positive outlook. This comes shortly after the upgrade of Cyprus’ long-term rating to BBB+, also with a positive outlook....
https://knews.kathimerini.com.cy/en/news/transport-minister-vafeades-calls-for-fair-climate-laws-in-shipping
Transport Minister Alexis Vafeades spoke of the need to prevent the side effects of legislation to tackle climate change on the shipping sector and ports, during discussions in the Transport Council of the EU held on Tuesday in Luxembourg....
https://knews.kathimerini.com.cy/en/news/cbc-projects-3-gdp-growth-in-2024
The Central Bank of Cyprus has revised its 2024 forecast for GDP growth to 3%, from 2.8% that was expected last March, mainly due to the upward revision of domestic demand, while it maintained its forecast for growth in the years 2025 and 2026, at 3.1% and 3.2%, respectively....
https://knews.kathimerini.com.cy/en/news/fidias-panayiotou-s-controversial-candidacy-and-the-rise-of-anti-politics
''If you thought Phidias had no opinion on the Cyprus problem, you are wrong. He does. It was just better when he didn't,''...
https://knews.kathimerini.com.cy/en/news/youtube-star-shakes-up-cyprus-politics
The case of the popular content creator, Fidias Panayiotou, known for his presence on TikTok and YouTube, has stirred significant interest since the onset of this year's dual elections. ...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-obstacles-in-efforts-to-repatriate-syrian-refugees
According to a report by Pavlos Xanthoulis in Kathimerini's Sunday printed edition, Nicosia's efforts to designate certain areas of Syria as "safe" for the purpose of facilitating the return of Syrian refugees have encountered significant political, legal, and humanitarian obstacles....