https://knews.kathimerini.com.cy/en/business/cyprus-embraces-global-investment-with-its-bond-market-debut
In April 2024, the Republic of Cyprus is gearing up to enter the international bond markets, intending to issue a Euro Medium Term Note (EMTN) bond worth 1 billion euros....
https://knews.kathimerini.com.cy/en/news/u-s-ambassador-explores-famagusta-s-rich-heritage
U.S. Ambassador to Cyprus, Julie D. Fisher, engaged in a joint exploration of the Walled City of Famagusta alongside Dr. Simos Ioannou and Dr. Süleyman Uluçay. The visit on March 5, 2024,...
https://knews.kathimerini.com.cy/en/news/new-york-youth-team-gifts-jersey-to-cyprus-president
The Cypriot government's commitment to bolstering the youth football teams of the diaspora, particularly in facilitating their visits to Cyprus, was reaffirmed today by President Nikos Christodoulides. ...
https://knews.kathimerini.com.cy/en/news/cyprus-government-achieves-significant-debt-reduction-in-2023
The Cyprus government reported that the island nation ended 2023 with a debt of €22.4 billion, constituting around 99% of the Republic of Cyprus' total debt. This marks a notable reduction of €689 million or 3% from the corresponding period in the previous year....
https://knews.kathimerini.com.cy/en/news/cyprus-development-expenditure-2023-surpasses-€1b
The realization of state budget development expenditure in 2023 reached 72% compared to 70% in 2022 and the average of 69% over the last decade, according to a Treasury report released on Wednesday....
https://knews.kathimerini.com.cy/en/news/the-rise-of-the-romantic-ai-companions
In a quest for connection, 39-year-old Derek Carrier turned to artificial intelligence to find a romantic partner. Living with Marfan syndrome, a genetic disorder making traditional dating challenging,...
https://knews.kathimerini.com.cy/en/news/grandma-s-20-year-collection-of-voicemails-captures-love-across-generations
In an era of rapid technological advancement, the enduring power of heartfelt connections is poignantly captured in one grandmother's cherished collection of voicemails....
https://knews.kathimerini.com.cy/en/business/deal-in-the-works-for-cnp-cyprus
The subsidiary of the French insurance giant CNP Assurances, CNP Cyprus Insurance Holdings, is currently in discussions for a potential change in ownership. ...
https://knews.kathimerini.com.cy/en/news/an-attack-on-ecuadorian-live-tv-sparks-national-crisis
A dramatic attack unfolded in Ecuador as armed men stormed a TV station during a live broadcast in Guayaquil, leading to the arrest of 13 individuals. ...
https://knews.kathimerini.com.cy/en/news/knitted-octopuses-emerge-as-essential-companions-for-preterm-babies
In the delicate world of premature infant care, a heartwarming discovery has emerged. Crafted with precision and care, knitted octopus teddies are proving to be indispensable companions for preterm babies....
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.
...
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...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-returns-to-london-for-investment-talks
Just two months after its last visit to the heart of investment interest, the Bank of Cyprus is making waves again in London....
https://knews.kathimerini.com.cy/en/news/banks-eye-over-1-billion-euro-profits-in-2023
Cypriot banks, including the Greek bank, are poised to rake in substantial profits for 2023, benefitting from the European Central Bank's interest rate hikes....
https://knews.kathimerini.com.cy/en/news/russian-depositor-triumphs-over-laiki-bank-s-2013-haircut
The Legal Service, on behalf of the Republic of Cyprus and the Central Bank of Cyprus (CBC), will appeal the decision of the Limassol District Court, which awarded compensation to a depositor of the former Laiki Bank for the 2013 deposit haircut, according to CNA....
https://knews.kathimerini.com.cy/en/news/€16-billion-in-energy-investments-for-2021-2030
Cyprus' investment footprint in the energy sector is small but not insignificant, with expected investments in the sector amounting to over €16 billion for the decade 2021-2030, experts said at the third and fourth sessions of the 11th energy symposium, organised by FMW and the Institute of Energy of South East Europe in Nicosia on Tuesday....
https://knews.kathimerini.com.cy/en/news/israeli-hamas-war-puts-cyprus-and-egypt-at-forefront-of-credit-risks
Cyprus and Egypt are currently facing the most direct credit risks among countries rated by Scope Ratings due to the Israeli-Hamas conflict, warns the German firm....
https://knews.kathimerini.com.cy/en/business/1-october-newsletter-of-k-treppides-co-ltd-esma
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...
https://knews.kathimerini.com.cy/en/business/inflation-fears-and-green-investments
The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...
https://knews.kathimerini.com.cy/en/business/moody-s-double-upgrade-ignites-investor-interest
Last Friday, Moody's delivered a double upgrade for Cyprus, propelling the nation into the investment-grade category recognized by all four major financial firms. Although these rankings may appear modest, their real-world impact is substantial....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-net-interest-income-doubles-amid-ecb-rate-hikes
The Cypriot banking system's net interest income (NII) saw a remarkable doubling in the first half of 2023, marking an annual increase of 100%, primarily due to the ongoing rate hikes by the European Central Bank (ECB) aimed at tackling rising inflation....
https://knews.kathimerini.com.cy/en/news/syprodat-and-government-join-forces-to-end-non-performing-loans
Finance Minister Makis Keravnos expressed satisfaction with the progress made in divestments and the reduction of non-performing loans (NPLs) during a meeting at the Ministry of Finance with SYPRODAT President Costas Melas and Association Director Jenny Papacharalambous....
https://knews.kathimerini.com.cy/en/news/cypriot-bonds-dive-as-ecb-battles-inflation-surge
The value of Cypriot bonds held by the Eurosystem has dipped below €7 billion as the European Central Bank takes measures to combat inflation. ...
https://knews.kathimerini.com.cy/en/news/china-s-$10-trillion-hidden-debt
For some time now, markets have been buffeted almost on a daily basis by gloomy economic news filtering out of China....
https://knews.kathimerini.com.cy/en/comment/opinion/embracing-digital-opportunities-for-stronger-bonds
Digitalization can be a powerful mechanism that brings Greek Cypriots and Turkish Cypriots closer together, provided that incentives are given.
...
https://knews.kathimerini.com.cy/en/news/growing-up-in-refugee-camps
The painful experience of being violently uprooted, the worry about finding temporary shelter until they could return home, and the hardships faced in refugee camps – which turned into months and even years – are deeply etched in the memories and hearts of the refugees....
https://knews.kathimerini.com.cy/en/news/global-economy-faces-$590-trillion-storm
A $590 trillion storm threatens the global economy as rising interest rates make more corporate debts problematic. ...
https://knews.kathimerini.com.cy/en/news/shanghai-students-do-it-greek-style
In the age of digital society and social media, a viral TikTok video has the power to transform lives and introduce an unexpected culture to the world. ...
https://knews.kathimerini.com.cy/en/news/cyprus-appoints-new-ambassador-to-denmark
On June 9, 2023, a significant event took place as Mr. James Kirakosian, the Ambassador of the Republic of Cyprus to Denmark, officially presented his credentials to Her Majesty Queen Margrethe II of Denmark....
