https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-reports-€199-4m-profits-in-2023
Eurobank Cyprus unveiled its financial results for 2023, boasting a profit of €199.4 million, marking a significant increase of €105.1 million or 111% compared to 2022.
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https://knews.kathimerini.com.cy/en/comment/opinion/women-siding-with-rapists-and-murderers
Today is International Women's Day. Yesterday marked five months since the October 7 massacres in Israel....
https://knews.kathimerini.com.cy/en/news/ecb-considers-rate-cut-despite-falling-inflation
The European Central Bank is set to keep interest rates at record highs on Thursday and take baby steps towards cutting them in the coming months as inflation continues to fall despite stubbornly high underlying price pressures....
https://knews.kathimerini.com.cy/en/business/employers-organizations-cry-foul-as-water-price-cap-sparks-debate
In a decision that pleased consumers but left employer organizations dissatisfied, the Council of Ministers approved a bill on Wednesday that grants the minister the authority to set a maximum price for specific products, ...
https://knews.kathimerini.com.cy/en/news/hotel-industry-faces-backlash-over-residence-fees
The inclusion of a residence tax within the framework of the green tax reform, affecting hotels, tourist accommodations, and Airbnb, is expected to trigger reactions within the hotel industry....
https://knews.kathimerini.com.cy/en/news/president-s-fireside-chat-with-chosen-few-unveils-triumphs-and-controversy
In an interchannel interview held to evaluate the first year in office, President of the Republic Nikos Christodoulides commenced proceedings a few minutes after 20:30. ...
https://knews.kathimerini.com.cy/en/news/national-guard-s-death-raises-questions-on-cyprus-justice-system
Revelations surrounding the death of National Guardsman Thanasis Nicolaou, emerging years after the incident, have sparked both sensation and concern about the functioning of the criminal justice system in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/fuel-prices-soar-consumers-brace-for-double-blow
Fuel prices are on an upward trajectory week by week, with an approximate increase of 13 cents per liter. Speaking to Oriana Papantoniou on Diaspora News, Spor FM, Christodoulos Christodoulou,...
https://knews.kathimerini.com.cy/en/news/vasiliko-energy-project-now-under-eu-scrutiny
The procedures and decisions related to Cyprus' largest energy project in Vasilikos are gaining significant attention....
https://knews.kathimerini.com.cy/en/news/inflation-and-new-markets-propel-spending-close-to-€3-billion-in-2023
Just before the end of last summer, economic analysts' projections for 2023 tourism revenue were nearing a record close to €3 billion. ...
https://knews.kathimerini.com.cy/en/news/cyprus-sees-record-4-388-new-voters-joining-european-elections
To date a total of 4,388 new voters have been registered to vote for the June 9 elections, of which 1,386 concern Europeans residing in Cyprus for the forthcoming local administration elections. There were also 34 applications from Europeans for the European elections.
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https://knews.kathimerini.com.cy/en/news/shriners-hospitals-bring-orthopaedic-expertise-to-cyprus
A team from Shriners Hospitals for Children has arrived in Cyprus to perform surgical interventions and examinations on children with orthopaedic conditions.
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https://knews.kathimerini.com.cy/en/news/central-bank-predicts-2-2-gdp-growth-in-2023
The Central Bank of Cyprus (CBC) expects GDP growth of 2.2% in 2023, compared to significant growth of 5.1% in 2022, while for the years 2024-26 it expects GDP growth of 2.6%, 3.1% and 3.2%, respectively....
https://knews.kathimerini.com.cy/en/news/vasilikos-scandal-unveiled-€250-000-spent-recommendations-ignored
The decision made by the Nicos Anastasiades government in 2016 to shift away from failed attempts to introduce F.P. by constructing a terminal at Vasilikos initially offered hope for resolving an 11-year dilemma....
https://knews.kathimerini.com.cy/en/comment/opinion/why-marriage-shouldn-t-be-the-answer-to-€2b-loans
In 2023, Cyprus secured a substantial loan totaling €2.02 billion from the Bank of Cyprus, earmarking €510 million specifically for housing initiatives. ...
https://knews.kathimerini.com.cy/en/business/apple-u-turns-on-evs-shifts-gears-to-focus-on-ai
Apple has reportedly halted its decade-long secretive project to develop electric vehicles (EVs), redirecting efforts towards its artificial intelligence (AI) division....
https://knews.kathimerini.com.cy/en/news/ft-judge-denies-trump-s-request-to-delay-$450m-payment
A New York judge has rejected Donald Trump's request to temporarily halt the state's attorney-general from collecting a $450 million judgment while he appeals a civil fraud ruling....
https://knews.kathimerini.com.cy/en/news/eu-lawmakers-want-drivers-to-pass-medical-exams-every-15-years
European Union lawmakers are debating whether to require drivers to pass medical exams every 15 years to keep their licences, a proposal that has sparked backlash in France....
https://knews.kathimerini.com.cy/en/news/nissi-beach-ranks-22nd-globally-on-tripadvisor
In the recently released list of the world's top 25 beaches by TripAdvisor, Nissi Beach in Cyprus proudly claims the 22nd spot, says Maria Eracleous of Kathimerini. ...
https://knews.kathimerini.com.cy/en/life/dimitra-explains-what-it-s-like-to-be-a-bee-mama
Dimitra Zakynthinos is a resident of central Athens and has a very particular approach to issues concerning the environment and our transition to the green era. ...
https://knews.kathimerini.com.cy/en/news/strike-in-greece-leaves-passengers-stranded-on-33-flights
Thirty three flights to Greece (16 arrivals and 17 departures) are impacted by tomorrow's strike of air traffic controllers in Greece. The flights concern destinations Athens and Thessaloniki....
https://knews.kathimerini.com.cy/en/news/800-divorces-annually-35-000-single-parents-and-outdated-benefits
The Human Rights Committee of the Parliament convened today, shedding light on critical issues affecting single-parent families in Cyprus....
https://knews.kathimerini.com.cy/en/business/how-trademarks-empower-businesses-in-the-digital-era
In the digital era, registering trademarks is of paramount importance, especially for small businesses and new entrepreneurs, as they play a crucial role in protecting a company’s brand and intellectual property....
https://knews.kathimerini.com.cy/en/business/ceos-globally-forecast-increase-in-revenues-profits-and-deal-making-in-2024-as-business-transformation-moves-up-the-agenda
CEOs are optimistic about their ability to drive revenue growth and profitability in 2024 despite global economic headwinds, according to the latest EY CEO Outlook Pulse survey....
https://knews.kathimerini.com.cy/en/news/european-parliament-honors-navalny-amidst-food-inflation
The European Parliament will commemorate the life of Russian activist Alexei Navalny, featuring an address by his wife, Yulia Navalnaya, in its plenary session this week in Strasbourg......
https://knews.kathimerini.com.cy/en/news/crisis-looms-over-vital-energy-project-in-cyprus
In a dramatic turn of events, the consortium behind Cyprus's largest energy project, the Vasilikos F.A. terminal, is sending ominous signals of a possible rupture with the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/business/cyprus-plays-key-role-in-eu-s-operation-aspides
In response to increased threats from the Houthi terrorist group, the European Union has approved the initiation of Operation ASPIDES, aiming to bolster security and freedom for European shipping in the Red Sea. ...
https://knews.kathimerini.com.cy/en/business/safe-bulkers-inc-launches-deck-officer-training-scholarship-program
In a bid to foster interest in maritime professions among young individuals and align with environmental, social, and corporate governance goals, Polly Hatzioannou's company, SAFE BULKERS Inc., has announced the initiation of the Deck Officer Training Scholarship program....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-posts-impressive-2023-profit-of-€365-4-million
Hellenic Bank reported a substantial profit of €365.4 million for the year 2023, marking a significant upswing from €21.8 million in 2022. The Return on Tangible Equity (ROTE) for 2023 soared to 28.7%, a stark contrast to the 2.0% recorded in 2022....
https://knews.kathimerini.com.cy/en/news/government-official-salaries-surge-up-17-in-5-years
Over the past half-decade, the salaries of government officials have surged by a notable 17%, shedding light on the expanding state payroll. ...
