https://knews.kathimerini.com.cy/en/news/cyprus-greece-electricity-project-meeting-set-for-tuesday
A meeting scheduled for next Tuesday on the Cyprus-Greece electricity interconnection project is considered crucial by all parties involved, government spokesman Konstantinos Letymbiotis said Friday....
https://knews.kathimerini.com.cy/en/news/christodoulides-backs-eurobank-s-big-move-into-india
President Nikos Christodoulides has shown strong support for Eurobank’s plan to expand into India, seeing it as a significant chance to boost business ties between Cyprus and one of the world's largest economies....
https://knews.kathimerini.com.cy/en/comment/opinion/christodoulides-criticized-for-inconsistent-policy-on-turkey-s-eu-role
On February 2-3, 2024, the Belgian presidency of the Council of the European Union hosted an informal meeting of Foreign Ministers, known as the Gymnich, in Brussels....
https://knews.kathimerini.com.cy/en/news/anastasiades-speaks-out-on-cyprus-solution-corruption-and-political-ties
In one of his most candid interviews to date, former President Nicos Anastasiades discussed the Cyprus problem and the talks held in Crans-Montana with Marina Economides in "K". ...
https://knews.kathimerini.com.cy/en/business/no-progress-on-cyprus-greece-electricity-interconnection-project
No progress was made on the Cyprus side's position regarding the Crete-Cyprus electricity interconnection project during yesterday's teleconference, initiated by the European Commission and involving stakeholders from Greece and Cyprus....
https://knews.kathimerini.com.cy/en/news/ecb-concerned-over-cypriot-bank-profit-tax-proposal
In 2023, Cypriot banks reported unprecedented profits, marking a 15-year high, with projections suggesting even greater earnings in 2024....
https://knews.kathimerini.com.cy/en/news/great-seat-interconnector-study-outlines-benefits-july-11
The Greek Regulatory Authority for Energy (RAAEU) has made a significant decision regarding the methodology for calculating the regulated revenue......
https://knews.kathimerini.com.cy/en/comment/opinion/rentals-rise-as-home-ownership-trends-change
Around 20-25 years ago, Cyprus was renowned for having one of the highest rates of home ownership globally, with figures nearly reaching 78% - 80%, as per the data available then....
https://knews.kathimerini.com.cy/en/news/eib-to-open-local-office-in-cyprus
The Ministry of Finance announced the opening of a local office of the European Investment Bank (EIB) in Cyprus, highlighting the significant benefits it will bring to the country....
https://knews.kathimerini.com.cy/en/news/bbf-announces-the-full-sale-of-four-class-a-business-centers-in-cyprus-in-the-past-12-months
BBF, Limassol’s top luxury residential developer, successfully sold out four Class A office buildings within the last year. Spanning a total area of approximately 20,000 sq. m., the full sale of bbf: latitude, bbf: liberty, bbf: benchmark, and bbf: summit solidifies BBF’s position as a leading name in Cyprus's commercial real estate market as well....
https://knews.kathimerini.com.cy/en/business/eurobank-s-egg-enter-grow-go-wins-top-eban-award-for-2024
egg - enter grow go, Eurobank's business accelerator, has been awarded the prestigious distinction of Best Performing New EBAN Member 2024......
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-non-performing-loans-drop-to-lowest-level-in-years
Total non-performing loans (NPLs) to banks have dropped below €2 billion, specifically to €1.9 billion. ...
https://knews.kathimerini.com.cy/en/news/ecb-to-implement-first-interest-rate-cut
The European Central Bank (ECB) is poised to execute its much-anticipated rate cut, scheduled to take effect on Thursday, June 6, 2024....
https://knews.kathimerini.com.cy/en/news/eib-injects-over-€5-billion-into-cyprus-projects
The European Investment Bank (EIB) has injected over €5 billion into various projects in Cyprus, contributing significantly to the island nation's development, said Kyriakos Kakouris, Vice-President of the Bank....
https://knews.kathimerini.com.cy/en/news/banks-stress-need-for-government-support-in-esg-initiatives
Banks are urging a combination of government and regulatory policies to achieve a healthy, effective, and optimal green transition in Cyprus....
https://knews.kathimerini.com.cy/en/news/dr-nicolas-p-mastrogianopoulos-at-the-green-agenda-cyprus-summit
Dr. Nikolas P. Mastroyiannopoulos is the Founding Managing Partner of W11 Ventures. He is a non-executive director on the Board of Directors of the Green Energy Group in Limassol, and the CIM Business School in Nicosia Cyprus and the Chairperson of the Techisland Health Cluster Committee....
https://knews.kathimerini.com.cy/en/news/st-kitts-and-nevis-appoints-joseph-borghese-as-special-envoy-for-fdis
In a strategic effort to boost Foreign Direct Investment (FDI) initiatives, the Government of the Federation of St. Kitts and Nevis has appointed His Excellency Joseph Borghese as Special Envoy for Foreign Direct Investments. ...
https://knews.kathimerini.com.cy/en/news/fighting-high-interest-rates-is-europe-s-main-challenge
The European economy faces significant challenges amidst the current geopolitical crisis, which threatens its global position. ...
https://knews.kathimerini.com.cy/en/news/china-s-leader-targets-hungary-serbia-for-investments
Chinese leader Xi Jinping will spend most of his five-day tour in Europe this week in two small countries in the continent’s eastern half, a region that Beijing has used as a foothold for its expanding economic ambitions in Europe....
https://knews.kathimerini.com.cy/en/news/macron-declares-europe-is-mortal-calls-for-unity
The 27-country bloc needs to urgently rethink its defence and economic models to not fall behind its rivals, the French leader said.
...
https://knews.kathimerini.com.cy/en/business/alternative-investments-and-portfolio-diversification
In contrast to traditional investments in stocks and bonds, portfolios incorporating alternative investments have historically offered higher returns, a trend that has become more prevalent in recent years. ...
https://knews.kathimerini.com.cy/en/news/massive-international-fraud-ring-busted-cyprus-plays-crucial-role
Cyprus, along with international law enforcement agencies, cracked down on a massive fraud ring with a staggering €645 million turnover....
https://knews.kathimerini.com.cy/en/business/what-economic-headlines-are-making-waves-this-week
Amidst a backdrop of economic shifts and global challenges, a series of key developments are shaping the financial landscape. ...
https://knews.kathimerini.com.cy/en/news/president-christodoulides-hails-financial-progress-with-new-cbc-governor
The appointment ceremony for the new governor of the Central Bank of Cyprus, Mr. Christodoulos Patsalides, occurred this morning at the Presidential Palace, with the President of the Republic, Mr. Nikos Christodoulides, in attendance....
https://knews.kathimerini.com.cy/en/news/europe-s-ambitious-plan-to-reignite-economic-engines
As Europe endeavours to uphold its competitiveness amidst economic rivals, its politicians believe they hold a concealed asset: the savings of its citizens, which remain unused and dormant....
https://knews.kathimerini.com.cy/en/news/occupied-territories-are-a-black-hole-for-illicit-funds
The recent update to the US-UK sanctions list, active since last April and aimed at Russia, continues to scrutinize Cypriot-based entities suspected of violating the Russian embargo. ...
https://knews.kathimerini.com.cy/en/comment/opinion/lather-rinse-repeat
Everywhere we turn in Cyprus, the specter of money laundering looms large. It was an open secret for years that our banking system was complicit, resulting in repercussions from foreign authorities....
https://knews.kathimerini.com.cy/en/news/eurobank-expands-to-india-via-cyprus
Eurobank, a leading Greek financial institution, is poised to establish a representative office in Mumbai, India's bustling financial hub, signaling its strategic foray into the Indian market. ...
https://knews.kathimerini.com.cy/en/business/eurobank-eyes-support-for-internet-cable-connecting-europe-and-asia
Eurobank, initially hesitant about financing the East to Med Data Corridor (EMC) cable system, is now contemplating entering the second round of funding for the mega project....
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....
