https://knews.kathimerini.com.cy/en/business/business-booms-and-busts-in-cyprus
Newly released data from Eurostat, the statistical service of the European Union, provides insights into the business landscape in 2021. The rate of "enterprise births"...
https://knews.kathimerini.com.cy/en/news/eu-extends-sanctions-on-turkey-for-east-med-drilling
In a press release on Thursday, the Council of the European Union announced the renewal of restrictive measures against Turkey for unauthorized drilling activities in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/news/central-banks-across-europe-hold-firm-amidst-rate-cut-speculations
Europe's top central bankers have affirmed that despite market expectations for a reduction due to weakening growth, interest rates will persist at elevated levels. ...
https://knews.kathimerini.com.cy/en/news/financial-tsunami-looms-as-limassol-court-decision-sends-shockwaves-through-cyprus
In a potentially precedent-setting decision, the Limassol District Court has upheld its initial ruling in favor of a Russian depositor of the People's Bank, potentially exposing the state to financial implications of up to 2-3 billion euros....
https://knews.kathimerini.com.cy/en/business/deloitte-celebrates-65-years-of-success-in-cyprus
This year marks 65 years of continuous successful presence for Deloitte in Cyprus. The company celebrated 65 years of ''making an impact that matters'' at an event held on 2 November, in the presence of all partners and staff. ...
https://knews.kathimerini.com.cy/en/news/president-unveils-bold-five-stage-plan-for-gaza-s-humanitarian-lifeline
The President of the Republic of Cyprus, Mr. Nicos Christodoulides, took center stage at the International Humanitarian Conference on Gaza, presenting the intricacies of the ''Amalthea'' Initiative. ...
https://knews.kathimerini.com.cy/en/news/zelenskyy-s-unspoken-strategy-for-ukraine-s-victory
Ukraine's counteroffensive is still on track and will achieve its set goals by the end of the year, President Volodymyr Zelenskyy said on Wednesday....
https://knews.kathimerini.com.cy/en/news/ministries-unite-to-transform-halloumi-industry
There is a need for order, mainly regarding the conduct of inspections but also other issues related to the production and distribution of halloumi cheese, the Ministry of Commerce and the Ministry of Agriculture are trying, with George Papanastasiou and Petros Xenofontos agreeing that the management of all issues concerning the product, should be transferred to one and only ministry. And this was deemed necessary, since halloumi is now a protected designation of origin....
https://knews.kathimerini.com.cy/en/news/why-astrobank-and-cdb-bank-couldn-t-agree-on-a-price
The deal between Astrobank and CDB Bank fell apart over a few million euros, even though they had given a "reason" and had agreed on the price in September 2023....
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/european-commission-demands-turkey-s-commitment-to-un-framework-on-cyprus
The European Commission’s annual report on Turkey’s EU accession process, presented in Brussels on Wednesday, stressed the need for a Cyprus settlement based on a bizonal bicommunal federation as the only solution that is acceptable by the EU....
https://knews.kathimerini.com.cy/en/news/police-force-faces-renewed-criticism-after-recent-tragedies
The debate on the problems in the police force, which was a hot topic in the public sphere last week due to the two fatal attacks that occurred in a short span of time, was reignited on Wednesday, when all the relevant officials, led by the Minister of Justice and Public Order, Anna Koukkidi-Prokopiou and the Chief of Police, Stelios Papatheodorou, met in the Parliament's Institutions Committee....
https://knews.kathimerini.com.cy/en/news/imperial-college-london-aids-in-wildfire-management
Cyprus is benefiting from the expertise of one of the world's leading scientific teams specializing in fire management. Professor Guillermo Rein's team from Imperial College London is currently in Cyprus to share their invaluable knowledge and research on a critical issue for the island: wildfires....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-bracing-for-profit-squeeze-according-to-moody-s
Moody's believes that Cyprus' small and saturated banking sector, the banks' limited loan portfolio, and low fee and commission income will restrict opportunities for growth in domestic banks' activities and profitability in the long term....
https://knews.kathimerini.com.cy/en/news/europe-embraces-cyprus-bold-plan-for-gaza-aid-corridor
The European Commission has welcomed the idea proposed by Cyprus for the creation of a maritime corridor for humanitarian aid to Gaza, and the issue is expected to be part of the discussions in the upcoming Paris conference on Gaza, a spokesperson of the Commission has told the Cyprus News Agency....
https://knews.kathimerini.com.cy/en/news/the-mystery-of-cyprus-social-insurance-fund
The Republic of Cyprus achieved its first significant milestone with the establishment of the Social Insurance System, originally introduced during the colonial era. ...
https://knews.kathimerini.com.cy/en/news/will-foreclosures-plague-2023
There is a race against time, with only a few weeks left to address the issue of foreclosures and enhance the framework....
https://knews.kathimerini.com.cy/en/news/greek-government-s-€85-4m-move-shakes-aegean-airlines
Aegean Airlines on Monday announced that the Hellenic Republic submitted notification of its intention to exercise the rights granted by all the warrants it holds concerning the company’s shares on November 3, 2023....
https://knews.kathimerini.com.cy/en/news/netanyahu-advocates-extended-security-responsibility-in-gaza
Benjamin Netanyahu says Israel will have ''overall security responsibility'' in Gaza for an "indefinite period" after its war with Hamas....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-bold-vision-for-resolving-the-cyprus-issue
We are working with a specific plan so that we can make it possible to break the deadlock and through the solution of the Cyprus problem to reach a mutually beneficial state of affairs for all parties involved, President Nikos Christodoulides said on Monday afternoon....
https://knews.kathimerini.com.cy/en/news/life-expectancy-in-cyprus-drops-to-81-3-years
Data released by Eurostat, the statistical service of the European Union, reveals that life expectancy in Cyprus has declined to 81.3 years....
https://knews.kathimerini.com.cy/en/news/cyprus-institute-s-contribution-to-esa-s-earth-explorer-space-mission
Researchers from the Cyprus Institute’s Climate and Atmosphere Research Center (CARE-C), coordinated by Professor Franco Marenco, are actively involved with the European Space Agency’s (ESA) upcoming EarthCARE satellite mission, focused on cloud, aerosol and radiation exploration....
https://knews.kathimerini.com.cy/en/news/president-aims-for-cyprus-gaza-humanitarian-route
Efforts to establish a maritime humanitarian corridor between Cyprus and Gaza continue on a technocratic and diplomatic level, President Nikos Christodoulides said on Monday afternoon....
https://knews.kathimerini.com.cy/en/business/how-kotsovolos-fits-into-ppc-s-master-plan
The acquisition of "Kotsovolos" propels PPC's transformation into an integrated provider of products and services, reshaping the retail electricity market. By securing "Kotsovolos," PPC gains the means to offer a comprehensive range of services, from electricity and natural gas to cutting-edge energy solutions....
https://knews.kathimerini.com.cy/en/news/cyprus-s-mental-health-services-focus-on-prevention
In a world where the challenges of modern life continue to escalate, the importance of comprehensive mental health services cannot be overstated....
https://knews.kathimerini.com.cy/en/news/president-charts-humanitarian-path-for-gaza-with-us-secretary-of-state
President of the Republic, Nikos Christodoulides, presented a detailed document outlining the steps planned by the Cypriot Authorities for providing humanitarian aid to Gaza during his meeting with US Secretary of State, Antony Blinken....
https://knews.kathimerini.com.cy/en/news/nicosia-chosen-for-eu-s-intelligent-cities-challenge
According to a press release issued by the Municipality of Nicosia, "the proposal has been selected to receive guidance from Commission experts for the creation of Local Green Deals, placing Nicosia at the forefront of the green and digital transition"....
https://knews.kathimerini.com.cy/en/news/appeals-court-rejects-extradition-of-israeli-diamond-tycoon-to-romania
The Court of Appeal in Cyprus has overturned a previous ruling and rejected the extradition of Israeli diamond tycoon Benny Steinmetz to Romania. Steinmetz had been convicted in absentia in Romania on charges of fraud related to land deals that transpired between 2006 and 2008, resulting in a five-year prison sentence issued in December 2020....
https://knews.kathimerini.com.cy/en/business/ppc-becomes-new-owner-of-kotsovolos-in-€200-million-deal
In a significant development, PPC, the Greek energy company, has emerged as the new owner of the popular retail brand "Kotsovolos." This transition was facilitated through a deal with the British group Currys, valuing the acquisition at €200 million, entirely free from loans and lease obligations....
https://knews.kathimerini.com.cy/en/news/uk-accused-of-turning-a-blind-eye-to-israel-palestine-war
Concerns that the UK Foreign Office has neglected the Israel-Palestine conflict in its tilt to the Indo-Pacific and the pursuit of trade deals across the Middle East is to be investigated by the foreign affairs select committee....
