https://knews.kathimerini.com.cy/en/news/bank-profits-in-crosshairs-as-tax-talks-heat-up
The future of a special tax on bank deposits paid to the state may be heading for a shift, though a final decision is not guaranteed. ...
https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-marks-5th-anniversary-of-nasdaq-ipo-with-significant-growth-milestones
Freedom Holding Corp. (FRHC) is celebrating the fifth anniversary of its IPO on the Nasdaq Capital Market, one of the world’s leading stock exchanges. ...
https://knews.kathimerini.com.cy/en/news/protests-rise-against-barcelona-s-growing-tourist-influx
Barcelona is grappling with a surge in tourism that has led to rising tensions among locals. Iconic landmarks like Sagrada Familia and Park Güell, along with bustling streets like Las Ramblas, are attracting 170,000 visitors daily, according to city authorities. ...
https://knews.kathimerini.com.cy/en/news/cbc-top-savings-interest-rate-in-cyprus-hits-2-45
In August 2024, the Central Bank of Cyprus reported that the highest interest rate for term deposits of up to one year for households reached 2.45%. ...
https://knews.kathimerini.com.cy/en/news/three-economists-win-nobel-for-studying-why-nations-fail
Economists Daron Acemoglu, Simon Johnson, and James A. Robinson have been awarded the 2024 Nobel Prize in Economics for their research on how institutions shape societies' welfare. Announced by the Royal Swedish Academy of Sciences, the trio will share the 11 million kroner ($1.1 million) prize....
https://knews.kathimerini.com.cy/en/news/nicosia-s-old-municipal-market-earns-highly-commended-award-at-share-2024
The project of conservation and new use of the old Municipal Market of Nicosia was awarded in the 'Highly Commended' category at the SHARE 2024 Architectural Awards of Central and South-Eastern Europe....
https://knews.kathimerini.com.cy/en/news/limassol-and-larnaca-set-for-greener-urban-transport
Cyprus has officially launched its Sustainable Urban Mobility Plans (SUMP) for Limassol and Larnaca, making a significant step towards the the country’s transition towards greener, more accessible urban spaces....
https://knews.kathimerini.com.cy/en/news/french-court-clears-cyprus-in-$1-4-billion-fbme-bank-case
France’s highest court has brought an end to the $1.4 billion legal battle over the resolution of FBME Bank, ruling that the Central Bank of Cyprus (CBC) acted prudently and did not breach any obligations under a bilateral investment treaty between Cyprus and Lebanon....
https://knews.kathimerini.com.cy/en/news/med9-summit-focuses-on-middle-east-crisis-in-cyprus
Leaders of southern European Union nations are meeting Friday in Paphos for the 11th MED9 Summit, with a focus on the escalating crisis in the Middle East....
https://knews.kathimerini.com.cy/en/news/ecb-cautiously-prepares-for-further-rate-reductions
The intention of the central bankers on the European Central Bank’s (ECB) Governing Council to proceed with another interest rate cut next week, as inflation data proves favorable, is indirectly but clearly reflected in the minutes of their last meeting, released today....
https://knews.kathimerini.com.cy/en/news/jordan-s-king-abdullah-joins-med9-summit-for-key-security-talks
Leaders from nine Mediterranean nations convened in Cyprus on Friday for the MED9 Summit, reaffirming their commitment to tackling shared challenges. ...
https://knews.kathimerini.com.cy/en/news/digital-agenda-the-bright-side-of-cyprus-and-its-technological-prospects
Renowned international speakers, top Cypriot innovators, and key government officials came together at the Digital Agenda Cyprus Summit 2024 to discuss the future of digital transformation and global trends in innovation, talent management, and creativity....
https://knews.kathimerini.com.cy/en/news/ecb-to-review-akel-s-proposed-bank-tax-amid-financial-concerns
The European Central Bank (ECB) is set to evaluate a proposed "windfall tax" on banks, commonly associated with the leftist political party AKEL, in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/climate-change-made-deadly-hurricane-helene-500-times-more-likely
As Hurricane Milton nears Florida, fueled by an unusually warm Gulf of Mexico, new research highlights how climate change is driving more intense storms....
https://knews.kathimerini.com.cy/en/news/cypriot-economy-shows-resilience-growth-outpaces-eu-average
The Governor of the Central Bank of Cyprus, Christodoulos Patsalides, has called on banks to consider the social dimension of their pricing policies......
https://knews.kathimerini.com.cy/en/news/finance-minister-coordinates-with-eu-trio-on-2025-presidency
Minister of Finance Makis Keravnos met in Luxembourg with his counterparts from Poland and Denmark regarding the preparation of the Cypriot......
https://knews.kathimerini.com.cy/en/news/two-elephants-drown-as-severe-floods-hit-thai-sanctuary
Northern Thailand has been ravaged by severe flooding in recent weeks, worsened by Typhoon Yagi, which amplified the region's seasonal monsoon rains....
https://knews.kathimerini.com.cy/en/news/trump-migrants-who-murder-have-bad-genes
Former President Donald Trump suggested that some migrants in the U.S. who have committed murder may be predisposed to violence, saying it's "in their genes."
...
https://knews.kathimerini.com.cy/en/news/hezbollah-strikes-haifa-as-israel-marks-one-year-since-hamas-attack-on-festival
Hezbollah launched rockets at Israel's third-largest city, Haifa, early Monday, coinciding with the first anniversary of the Gaza war, which has heightened tensions across the Middle East....
https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-raises-2024-gdp-growth-forecast-to-3-5
The Central Bank of Cyprus (CBC) has revised GDP growth rate up by 0.5 percentage points for 2024, to 3.5%, compared to its forecasts last June, stressing that there does not seem to be any significant negative impact on investments from the conflict in the Middle East.
...
https://knews.kathimerini.com.cy/en/news/israeli-airstrike-hits-beirut-killing-six-in-escalating-conflict
Israel bombed central Beirut early Thursday, killing at least six people, following its deadliest day on the Lebanese front in a year of clashes with Hezbollah.
...
https://knews.kathimerini.com.cy/en/news/cyprus-luxury-resort-tied-to-russia-s-$230m-magnitsky-scandal
Cypriot police are close to completing an investigation into allegations connecting a luxury resort to one of Russia’s biggest financial scandals, the Magnitsky case, according to police officials....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-hike-mortgage-rates-as-new-loans-drop-by-a-third-in-august
Banks in Cyprus raised the interest rates on home loans in August, while reducing the interest rates offered on household deposits, according to data released by the Central Bank of Cyprus on Wednesday....
https://knews.kathimerini.com.cy/en/business/11-real-estate-investment-opportunities-by-astrobank
AstroBank has listed for sale a large tourist plot of land and other residential, commercial and rural properties in Limassol, Nicosia, Larnaca, Famagusta and Paphos....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-hosts-successful-5th-wellness-camp-in-agros
The 5th Lidl Wellness Camp, organized by Lidl Cyprus, took place with great success on the weekend of September 14-15 at the picturesque Rodon Mount Hotel & Resort in Agros....
https://knews.kathimerini.com.cy/en/news/oil-prices-surge-4-after-iran-fires-missiles-at-israel
Oil prices surged nearly 4% on Tuesday following Iran's ballistic missile attacks on Israel, launched in retaliation for Israel’s campaign against Tehran’s Hezbollah allies in Lebanon....
https://knews.kathimerini.com.cy/en/news/iran-fires-missiles-at-israel-escalating-tensions-in-the-region
Iran launched a wave of missiles at Israel on Tuesday evening, dramatically increasing tensions in the already unstable Middle East. The attack, which saw around 180 missiles fired, sent millions of Israelis scrambling to bomb shelters and heightened fears of an all-out war between Israel and Iran....
https://knews.kathimerini.com.cy/en/news/president-nikos-christodoulides-fires-police-chiefs
Cyprus President Nikos Christodoulides has dismissed the Chief and Deputy Chief of Police, a move widely seen as a response to the recent scandal involving an escaped convict. The president made the decision upon his return from the United Nations General Assembly in New York....
https://knews.kathimerini.com.cy/en/news/israel-hezbollah-conflict-escalates-after-nasrallah-s-assassination
The conflict between Israel and Hezbollah has entered a new and uncertain phase following the death of Hezbollah’s leader, Syed Hassan Nasrallah. ...
https://knews.kathimerini.com.cy/en/news/escaped-convict-armed-and-allegedly-heading-to-columbia
Authorities in Cyprus are in an intense manhunt for 42-year-old Isovite Doros Theofanous, known as “the hairdresser,” who staged a daring escape from his parents’ home in Choletria, Paphos on Thursday, September 26. ...
