https://knews.kathimerini.com.cy/en/news/unleashing-potential-through-a-revised-recovery-plan
The Directorate General for Growth, in collaboration with all stakeholders, is currently preparing Cyprus' revised Recovery and Resilience Plan....
https://knews.kathimerini.com.cy/en/news/eva-kaili-awaits-parliamentary-return-amid-corruption-probe
Greek MEP Eva Kaili, one the main suspects in a cash-for-influence corruption probe at the European Parliament, will seek to return to her parliamentary duties next week, her lawyer has said....
https://knews.kathimerini.com.cy/en/business/china-s-c919-takes-flight-to-break-the-airbus-boeing-duopoly
China Eastern Airlines, the initial customer for the country's homegrown narrow-body jet C919, will launch the plane's first commercial flight on Sunday, the carrier's app showed on Friday....
https://knews.kathimerini.com.cy/en/news/energizing-surprise-abundance-of-energy-sends-prices-plummeting-in-finland
Finland was dealing with an unusual problem on Wednesday: clean electricity that was so abundant it sent energy prices into the negative....
https://knews.kathimerini.com.cy/en/news/blackamoor-reference-gets-lawmaker-in-trouble
Cypriot lawmakers are crying foul over a social media post by a controversial colleague after his comment about a female pro-LGBTQI parliamentarian with a reference to 'three black men' was described as 'vulgar' and 'racist'...
https://knews.kathimerini.com.cy/en/news/legendary-rock-icon-tina-turner-dead-at-83
Tina Turner, the American-born singer who left a hardscrabble farming community and abusive relationship to become one of the top recording artists of all time, died on Wednesday at the age of 83....
https://knews.kathimerini.com.cy/en/news/alarming-rise-in-domestic-violence-in-cyprus
The Association for the Prevention and Handling of Violence in the Family (SPAVO) in Cyprus has released data revealing a concerning surge in domestic and partner violence incidents in 2022. ...
https://knews.kathimerini.com.cy/en/business/boc-first-quarter-of-2023-yields-€95-million-in-profit
Bank of Cyprus has released its financial report for Q1 2023, showcasing robust performance and positive indicators across various key metrics....
https://knews.kathimerini.com.cy/en/business/sales-of-halloumi-are-increasing
The registration of halloumi cheese as a protected designation of origin product has proven to be beneficial. This is demonstrated by the latest data from the statistical service regarding exports, as well as sales in the Cypriot market....
https://knews.kathimerini.com.cy/en/business/boc-appoints-bank-of-america-as-joint-corporate-broker-resumes-dividend-payments
The Bank of Cyprus has announced the appointment of Bank of America Europe DAC (BofA Securities) as a joint Corporate Broker, along with NUMIS Securities Limited (NUMIS) and Keefe, Bruyette & Woods (KBW, acting through Stifel Nicolaus Europe Limited), with immediate effect....
https://knews.kathimerini.com.cy/en/business/road-transport-of-goods-in-cyprus-up-by-39-in-2022
The total weight of goods transported by road in Cyprus in 2022 rose by 39.3% compared with 2021, a year that included periodic restrictions due to the Covid-19 pandemic....
https://knews.kathimerini.com.cy/en/business/cyprus-shifts-energy-policy-towards-natural-gas-for-power-generation
Cyprus' Minister of Energy, George Papanastasiou, announced that the country's strategy regarding the exploitation of natural gas in the Exclusive Economic Zone (EEZ) and other fields in the region will be decided after a workshop at the end of the month with the participation of energy companies in the Eastern Mediterranean. ...
https://knews.kathimerini.com.cy/en/news/germany-proposes-new-self-determination-law-for-name-and-gender-change
The German government on Tuesday, presented a draft self-determination law which, if accepted, will make it easier for people to change their name and gender legally....
https://knews.kathimerini.com.cy/en/news/central-bank-governor-projects-higher-economic-growth-for-2023
On Tuesday, Constantinos Herodotou, the Governor of the Central Bank of Cyprus, announced that the Cypriot economy is projected to grow in 2023 at a higher rate than the Eurozone average. ...
https://knews.kathimerini.com.cy/en/news/romanians-protest-for-schengen-accession
Hundreds of Romanians participated in the protest organized in Brussels by the Alliance for the Union of Romanians (AUR) party to stop treating Romanians as second-class European citizens....
https://knews.kathimerini.com.cy/en/news/us-mcdonald-s-franchisee-employed-two-10-year-olds-broke-labor-laws
A McDonald's franchisee in Kentucky employed two 10-year-old children in violation of federal labor laws, the Department of Labor said Tuesday....
https://knews.kathimerini.com.cy/en/business/expanding-profitability-and-strengthening-capital-position
Group Financial Results for the year ended December 31, 2022...
https://knews.kathimerini.com.cy/en/news/banks-announce-measures-on-interest-rates
Since July 2022, lending rates in Cyprus have risen by 3.5%, putting borrowers in a difficult position with dangerously increasing loan repayments....
https://knews.kathimerini.com.cy/en/news/cyprus-2022-household-assets-reach-€59-7b-debt-at-€20b
In December 2022, the total value of financial assets held by households was €59.7 billion. Out of this amount, 62% was invested in currency, deposits, and loans, 2% was allocated to debt securities, 19% was invested in stocks, and the remaining 17% was invested in other types of financial instruments....
https://knews.kathimerini.com.cy/en/news/turkey-says-it-‘kann-deliver-on-air-defence
A fifth generation stealth fighter jet developed and produced in Turkey was shown off on Monday, with Ankara delivering on a promise made two years ago when the first indigenous engine was put to the test amid F16 restrictions...
https://knews.kathimerini.com.cy/en/news/russian-wave-heads-north-as-sanctions-pick-up-in-cyprus
Russian businesses in the Republic of Cyprus are rumored to be moving to the northern part of the island to avoid sanctions, amid reports that more Cypriot nationals in the south are expected to be added to a new list of 'Russian enablers'...
https://knews.kathimerini.com.cy/en/news/3-000-ukrainian-refugees-to-be-evicted-from-hotels-by-end-of-month
Cypriot authorities plan to evict about 3,000 Ukrainian refugees currently living in hotels in Cyprus by the end of this month....
https://knews.kathimerini.com.cy/en/news/non-performing-loans-in-cyprus-rise-to-€2-32-billion-in-january-2023
Non-performing loans (NPLs) rose by €12.8 million in January 2023 compared with December 2022, amounting to €2.32 billion or 9.5% of total loans....
https://knews.kathimerini.com.cy/en/business/folli-follie-trial-set-for-june-after-lawyers-abstention-ends
The trial of Greek jewelry maker Folli Follie is expected to finally take place in June after being deadlocked for some time. This was due to lawyers abstaining from their duties in trials concerning criminal organizations due to legal disagreements concerning a legislative provision stating that any sentences imposed would be served. ...
https://knews.kathimerini.com.cy/en/news/child-porn-convict-freed-in-photo-fakery-case
The Supreme Court in the Republic of Cyprus has commuted a child porn prison sentence of a man in Larnaca after it emerged that images used to incriminate him were not real...
https://knews.kathimerini.com.cy/en/business/numerous-foreclosure-sales-expected-in-2023-and-2024
The COVID-19 pandemic and the subsequent suspension of divestments since 2020 have led to the creation of a considerable volume of properties for disposal that banks and credit purchase companies have on their balance sheets....
https://knews.kathimerini.com.cy/en/news/excess-deaths-down-in-eu-but-not-in-cyprus
For the first time since the beginning of the COVID-19 pandemic, there was no excess mortality recorded in the EU in February 2023, while Cyprus recorded the highest rate of excess mortality during the same month, according to data published by Eurostat...
https://knews.kathimerini.com.cy/en/news/delivery-driver-middleman-scandal-widens
A recent traffic accident has prompted police to widen a fraud investigation that began in Limassol and now has reached the capital, following revelations that foreign food delivery drivers in Cyprus were paying middlemen to secure driver permits through the state’s austere system...
https://knews.kathimerini.com.cy/en/news/kaili-to-go-home-after-denying-all-charges
Greek MEP Eva Kaili, the former European Parliament vice president accused of corruption, is said to be released from custody while still facing charges, with her lawyers saying he would not admit to crimes she did not commit...
https://knews.kathimerini.com.cy/en/news/second-driver-in-fatal-double-hit-and-run-sentenced
A man who was found guilty of manslaughter in a double hit and run fatality in Paphos was sentenced to six years in prison on Tuesday, with police still unable to locate the first car that struck the local woman unconscious...
