https://knews.kathimerini.com.cy/en/news/ecb-dilemma-with-core-inflation-at-5-5
The European Central Bank (ECB) is almost certain to raise interest rates by 25 basis points in its meeting tomorrow, though what happens next is unclear....
https://knews.kathimerini.com.cy/en/comment/opinion/a-long-journey-always-begins-with-a-small-step
The many crises the EU has been facing recently should not let us forget the ongoing pain caused by the open wound of Cyprus’ division....
https://knews.kathimerini.com.cy/en/news/calum-chase-at-the-digital-agenda-cyprus-summit
Calum Chase is a best-selling writer and sought-after speaker on artificial intelligence. He focuses on the medium- and long-term impact of AI on all of us as individuals, societies and economies....
https://knews.kathimerini.com.cy/en/news/government-s-solar-power-initiative-for-vulnerable-homes
The government is currently working on the installation of free solar power systems for vulnerable individuals....
https://knews.kathimerini.com.cy/en/news/platres-mayor-proposes-university-units-in-troodos
Panagiotis Papadopoulos, the Mayor of Platres and President of the Troodos Network, recently spoke on SPOR FM's DIAPORA NEWS show to discuss the development of university units in Troodos, the region's economic and touristic enhancement, job opportunities, and this year's tourism trends....
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/business/npl-crisis-highlights-tug-of-war-between-borrowers-and-legislation
The concealment, or "camouflage," of non-performing loans (NPLs) in commercial banks before 2013 and their subsequent explosion have been, and may continue to be, the most significant challenge for the Cypriot economy. ...
https://knews.kathimerini.com.cy/en/news/erdogan-s-diplomatic-efforts-in-gulf-region
CONSTANTINOPLE - REPORT: With the aim of attracting capital worth 50 billion dollars, Recep Tayyip Erdoğan embarked on a tour of Gulf countries.
...
https://knews.kathimerini.com.cy/en/business/cyprus-oman-double-taxation-agreement-approved
The Council of Ministers approved on Wednesday an agreement for double taxation avoidance and the prevention of tax evasion regarding income taxes as well as the relevant protocol between the Republic of Cyprus and the Sultanate of Oman, Minister of Finance, Makis Keravnos said after the Cabinet meeting....
https://knews.kathimerini.com.cy/en/news/north-korea-us-soldier-fled-to-evade-disciplinary-action
An American soldier facing military disciplinary actions fled across the heavily armed border from South Korea into North Korea, U.S. officials said Tuesday, becoming the first American detained in the North in nearly five years....
https://knews.kathimerini.com.cy/en/news/the-24-hour-solution-to-plastic-waste
Researchers at The University of Texas in Austin discovered an enzyme that eats plastic fast, and scientists think it could revolutionize how we deal with waste....
https://knews.kathimerini.com.cy/en/news/us-soldier-detained-in-north-korea
An American soldier has been detained in North Korea after crossing the border from South Korea during a tour in the region.
...
https://knews.kathimerini.com.cy/en/business/fitch
Fitch Ratings released a new report on Monday stating that the credit profiles of Greek and Cypriot banks have significantly improved over the past year due to de-risking and restructuring....
https://knews.kathimerini.com.cy/en/comment/opinion/gasoline-trade-in-divided-cyprus
The issue of gasoline from the occupied territories is one of the most well-known psychodramas of Cyprus. It is a distortion of the market due to the country's division and the occupation of part of it by another country. ...
https://knews.kathimerini.com.cy/en/news/president-and-fm-to-join-eu-celac-meeting
Cyprus' President Nikos Christodoulides is set to participate in the Summit of the European Union and the Community of Latin American and Caribbean States (CELAC) in Brussels on July 17 and 18....
https://knews.kathimerini.com.cy/en/news/results-of-aphrodite-drilling-expected-this-august
The confirmatory drilling A3 in the Aphrodite reservoir was completed last week, stated Minister of Energy Giorgos Papadopoulos on Monday, noting that there seems to be positive news....
https://knews.kathimerini.com.cy/en/news/daas-ai-digital-agenda-alpha-stage-ai-start-up-competition
The Digital Agenda introduces the Alpha Stage Start-ups Innovation Platform, where startups and innovation teams have the opportunity to participate in the Digital Agenda Alpha Stage Artificial Intelligence Competition, known as DAAS-AI, ...
https://knews.kathimerini.com.cy/en/news/un-and-eu-push-for-cyprus-problem-breakthrough
The United Nations and the European Union are making efforts to break the current deadlock in the Cyprus problem, recognizing the significant role of Turkey. Diplomatic sources have revealed that Turkish President Recep Tayyip Erdogan appears open to resuming the negotiating process....
https://knews.kathimerini.com.cy/en/news/shazam-founder-at-the-digital-agenda-cyprus-summit-23
Dhiraj Mukherjee, the co-founder of Shazam Entertainment, pioneered the development of the world's first mobile phone-based music recognition service. This groundbreaking technology caught the attention of Apple, leading to its acquisition in 2017 for a staggering $400 million....
https://knews.kathimerini.com.cy/en/comment/opinion/moment-of-truth-critical-juncture-for-cyprus
The shift attempted by Turkish President Erdogan, with a backdrop of Turkey's relations with the US, the European Union, and Athens, seems to indicate a significant change in paradigm. ...
https://knews.kathimerini.com.cy/en/news/relief-for-vulnerable-households-with-non-performing-loans
The ''Rent vs Instalment Scheme'' was approved by the Council of Ministers today, as announced by Government Spokesperson Konstantinos Letymbiotis following the conclusion of the Council. The European Commission's Directorate General for Competition also granted approval on July 6....
https://knews.kathimerini.com.cy/en/news/loan-demand-in-cyprus-falls-interest-rates-rise
The Cypriot banking institutions are holding a small basket for demand in new loans....
https://knews.kathimerini.com.cy/en/news/ministry-of-labor-to-improve-minimum-wage-policies
Cyprus currently has an outdated software system for pension fund operations. The government aims to expedite the actuarial study for the Social Insurance Fund (TKA) with the support of the International Labor Organization and the government of Austria.
...
https://knews.kathimerini.com.cy/en/news/google-deepmind-cmo-at-the-digital-agenda-cyprus-summit
Dex Hunter-Torricke, the Chief Communications Officer of DeepMind and a close associate of Elon Musk and Mark Zuckerberg, is coming to Cyprus....
https://knews.kathimerini.com.cy/en/news/illegal-construction-scandal-uncovered-in-akamas
The data collected and presented by "K" regarding the illegal construction interventions within the Akama Forest, a protected area designated as a white zone based on a plan from the 1980s, prove the tip of the iceberg. ...
https://knews.kathimerini.com.cy/en/news/spain-youngsters-to-receive-20-000-euros-upon-turning-18
A universal inheritance is proposed by the Minister of Labor of Spain, Yolanda Diaz, as a means to address social inequalities. Under this framework, all young people living in Spain would receive 20,000 euros after they turn 18....
https://knews.kathimerini.com.cy/en/news/no-two-ways-about-it-climate-change-threatens-tourism-as-tourism-impacts-climate-change
Coastal erosion, rising sea levels, increased temperatures, sea disturbances, and storms, as well as the reduction of freshwater supply, are some of the consequences of climate change....
https://knews.kathimerini.com.cy/en/news/us-ambassador-urges-immediate-steps-towards-a-unified-cyprus
Cyprus reunification must not be deferred any longer, US Ambassador Julie Fisher said, speaking Thursday evening during a reception for the 4th of July, in the presence of President Nikos Christodoulides....
https://knews.kathimerini.com.cy/en/news/parliament-approves-foreclosure-law
A significant mobilization by the Government and the Central Bank of Cyprus took place this week regarding the framework of foreclosures, primarily to withdraw the "problematic" proposal that, according to the state and banks, would have negative consequences for the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-at-1-9
Inflation in Cyprus reached its lowest level in 25 months in June 2023 and stood at 1.9% on an annual basis, mainly due to the decline in food prices....
