https://knews.kathimerini.com.cy/en/news/approval-of-additional-budget-at-risk-due-to-parking-problems
The approval of the first supplementary budget for 2023, amounting to 361 million euros, may face obstacles due to the lack of adequate parking spaces at the new Ministry of Labor building....
https://knews.kathimerini.com.cy/en/news/european-stocks-rally-on-hope-of-interest-rate-peak
Eurozone inflation fell more than expected to 5.5 percent in June, its lowest rate since the start of last year, but a slight rebound in core consumer price growth tempered any relief for policymakers....
https://knews.kathimerini.com.cy/en/business/3-building-land-for-sale-by-astrobank
https://knews.kathimerini.com.cy/en/news/cyprus-unveils-culinary-brilliance-at-gastronomos-awards
The anticipation reached a fever pitch as Cyprus braced itself for the grand culmination of the year-long journey celebrating its prodigious producers....
https://knews.kathimerini.com.cy/en/news/cabinet-pulls-plug-on-fuel-subsidies
Temporary fuel state subsidies are set to expire before the weekend in the Republic of Cyprus, after the finance minister announced an extension could not be justified...
https://knews.kathimerini.com.cy/en/news/interest-rate-increases-boost-cypriot-banks-2022-profits-to-€177-million
Bank of Cyprus and Hellenic Bank generated a combined profit of €164.7 Million in Q1 2023, Driven by interest rate increases....
https://knews.kathimerini.com.cy/en/news/land-sales-surge-in-akamas
The irregularities observed within Akamas' protected area, as highlighted in last Sunday's report by "K," appear to be just one aspect of a broader issue emerging in anticipation of the implementation of the local plan in September....
https://knews.kathimerini.com.cy/en/business/€10-banknote-most-counterfeited-bill-in-cyprus
In a recent annual report, the Central Bank of Cyprus shed light on the prevalence of counterfeit bills and coins circulating in the country. The report, according to an article on Philenews, highlighted the €10 banknote as the most counterfeited bill, making up 40.8 percent of the total counterfeit pieces....
https://knews.kathimerini.com.cy/en/news/conservatives-storm-to-victory-in-repeat-greek-election
Greece's conservative New Democracy party stormed to victory in a parliamentary election on Sunday with voters giving reformist Kyriakos Mitsotakis another four-year term as prime minister...
https://knews.kathimerini.com.cy/en/business/leptos-estates-sets-a-new-standard-with-the-launch-of-a-state-of-the-art-website
The Leptos Group is pleased to announce the arrival of the new Leptos Estates website....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-rakes-in-€69-7-million-in-profits-during-q1-of-2023
Hellenic Bank has reported a profit of €69.7 million for the first quarter of 2023, signaling a strong start to the year. ...
https://knews.kathimerini.com.cy/en/news/gastronomos-quality-awards-unveil-menu-for-prestigious-event
In addition to the highly anticipated awards, guests attending the annual "Gastronomos" Quality Awards will also have the pleasure of indulging in a specially curated menu, designed to complement the evening's celebrations....
https://knews.kathimerini.com.cy/en/news/exploring-authentic-cypriot-products-with-passion-and-tradition
The journey of "Gastronomo" to explore and promote authentic Cypriot products continues. In March, they organized six blind tastings* over three different days, where "G" tasters sampled 62 different product labels. ...
https://knews.kathimerini.com.cy/en/news/experts-to-take-charge-of-high-profile-corruption-cases
The Anti-Corruption Authority has initiated investigations and assessments of the complaints it has received....
https://knews.kathimerini.com.cy/en/news/woman-misdiagnosed-with-metastatic-cancer-takes-legal-action
A woman who was misdiagnosed with metastatic cancer and given a prognosis of only six months to live is now taking legal action against the Nicosia General Hospital and the Bank of Cyprus Oncology Center, as reported by Phileleftheros today....
https://knews.kathimerini.com.cy/en/news/mps-move-forward-with-divestment-changes
MPs are displaying a resolute determination to press ahead with crucial changes to the divestment framework before the parliamentary summer recess....
https://knews.kathimerini.com.cy/en/news/bank-of-england-raises-interest-rates-to-5
The Bank of England has raised interest rates by a half point to 5% as part of its efforts to combat high inflation and rising mortgage costs. ...
https://knews.kathimerini.com.cy/en/news/us-approves-sale-of-lab-grown-chicken
The U.S. Department of Agriculture (USDA) has granted approval for the sale of cell-cultured chicken, marking a significant milestone for the cultured meat industry....
https://knews.kathimerini.com.cy/en/news/total-loans-increase-by-€71-million-reaching-€24-4-billion
Non-performing loans decreased by €105 million end of March 2023, compared to the end of December 2022, reaching €2.2 billion, according to data published by the Central Bank of Cyprus on Tuesday. ...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-to-double-net-interest-income-in-q1-2023
Net Interest Income (NII) for the Cypriot banking sector nearly doubled in the first quarter of 2023, driven by the ECB’s rising interest rates in a bid to contain inflation....
https://knews.kathimerini.com.cy/en/news/announcing-the-9th-annual-gastronomy-awards-2023
Get ready for the much-anticipated celebration of Cypriot producers! The prestigious 2023 Quality Awards by "Gastronomos" and "Kathimerini" are set to take place on Tuesday, June 27th at 8:00 PM in the enchanting courtyard of the Cultural Centre of Strovolos Municipality....
https://knews.kathimerini.com.cy/en/business/office-space-shops-and-commercial-land-for-sale-by-astrobank
https://knews.kathimerini.com.cy/en/business/nicosia-attracts-millions-in-investment-opportunities
A new investment exceeding 60 million euros is currently in the study phase, focusing on the development of a strategically positioned plot in Nicosia. ...
https://knews.kathimerini.com.cy/en/news/cyprus-economy-thrives-finmin-foresees-robust-growth-and-fiscal-stability
During the 2023 Annual General Meeting of the Cyprus Bankers Association, the Minister of Finance, Mr. Makis Keravnos, discussed the current state and future prospects of the Cyprus economy, particularly focusing on the banking sector. ...
https://knews.kathimerini.com.cy/en/business/russia-s-use-of-chinese-yuan-to-bypass-western-sanctions-may-come-to-an-end
Russia has been using China's yuan to get around sanctions — but at least one major Chinese bank has halted transfers from Russia over fears of secondary sanctions from the West....
https://knews.kathimerini.com.cy/en/news/israeli-forces-clash-with-palestinian-gunmen-in-west-bank-operation
Three Palestinians have died and 29 others have been injured during a raid by Israeli troops in the occupied West Bank....
https://knews.kathimerini.com.cy/en/business/aub-mediterraneo-paphos-shaping-the-future-of-education-in-the-mediterranean
As the anticipation builds for the opening of the American University of Beirut - Mediterraneo in Paphos scheduled for September 2023, Kathimerini had the privilege of sitting down with Philip S. Khoury,...
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rate-to-3-20-in-ongoing-tightening-campaign
The European Central Bank (ECB) has announced its decision to raise the interest rate to 3.20%, marking another step in its ongoing monetary policy tightening campaign. ...
https://knews.kathimerini.com.cy/en/business/agricultural-land-for-sale-by-astrobank
https://knews.kathimerini.com.cy/en/business/astrobank-raises-deposit-interest-rates
New 18-month term deposit product at 1.50% annual interest irrespective of amount...