https://knews.kathimerini.com.cy/en/news/archimandrite-nektarios-arrested-in-avvakoum-monastery-probe
Police arrested 37-year-old Archimandrite Nektarios on Tuesday in connection with a financial scandal at the Holy Monastery of Saint Avvakoum in Fterikoudi....
https://knews.kathimerini.com.cy/en/news/austrian-parliament-leader-in-cyprus-for-talks
The President of the National Council of the Austrian Parliament (Nationalrat) Wolfgang Sobotka, arrives on Tuesday in Cyprus for an official visit......
https://knews.kathimerini.com.cy/en/news/cyprus-eyes-market-return-with-ten-year-bond
Cyprus is gearing up to re-enter the financial markets in the near future to capitalize on the recent positive momentum bolstering its economy....
https://knews.kathimerini.com.cy/en/news/biden-campaign-rolls-out-$50m-in-ads-focusing-on-trump-s-conviction
President Joe Biden’s reelection campaign is spending $50 million through the end of June, a blitz that includes its first television ad trumpeting......
https://knews.kathimerini.com.cy/en/news/small-homeless-communities-pop-up-in-us-cities
In a dreary part of downtown Atlanta, shipping containers have been transformed into an oasis for dozens of previously unsheltered people who now proudly call a former parking lot home....
https://knews.kathimerini.com.cy/en/news/ministry-takes-action-against-illegal-dumping-sites-fueling-fires
The big fire in Paphos has exposed some major issues: not only were the firefighting resources inadequate, but it also showed the government's long-standing negligence regarding illegal fires. ...
https://knews.kathimerini.com.cy/en/news/limassol-man-loses-€46-900-in-car-sales-scam
A 28-year-old man reported to Limassol Police Station that he was the victim of electronic fraud after transferring €46,900 to a bank account he believed belonged to a car sales company....
https://knews.kathimerini.com.cy/en/news/russian-assets-to-fund-ukraine-s-defense-against-russia
Leaders of the Group of Seven nations have struck a landmark agreement to extend a $50 billion loan to Ukraine, funded by interest earned on Russia’s immobilized central bank assets....
https://knews.kathimerini.com.cy/en/business/cbc-chief-warns-tax-on-big-profits-could-hurt-economy
The new Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, expressed opposition to a windfall profits tax, which is a tax imposed by governments on companies that have experienced unexpectedly large profits,...
https://knews.kathimerini.com.cy/en/business/eu-to-impose-up-to-25-tax-on-imported-chinese-evs
The European Commission is set to notify car makers on Wednesday that it will provisionally apply additional duties of up to 25% on imported Chinese electric vehicles (EVs) starting next month, according to the Financial Times, citing sources familiar with the matter....
https://knews.kathimerini.com.cy/en/business/cyprus-faces-market-uncertainties-as-exit-plans-delayed-again
According to report by Panayiotis Rougalas in today's Oikonomiki, Cyprus faces a challenging time as it navigates plans to exit the financial markets. ...
https://knews.kathimerini.com.cy/en/news/153-000-people-struggle-with-low-incomes-and-high-living-costs
The share of Cyprus' population at risk of poverty or social exclusion remained steady at 16.7% in 2023, according to the Statistical Service of Cyprus (Cystat). This means that approximately 153,000 people in Cyprus are struggling with low incomes and high living costs....
https://knews.kathimerini.com.cy/en/news/political-turmoil-as-coalition-parties-face-electoral-setback
Clouds of uncertainty loom over the political landscape of Cyprus following the recent European elections, which saw significant losses for the co-governing parties. ...
https://knews.kathimerini.com.cy/en/news/far-right-surges-in-european-elections
In a dramatic turn of events, far-right parties across Europe have secured significant gains in the recent EU elections, particularly in Germany and France. ...
https://knews.kathimerini.com.cy/en/news/moderna-s-combined-covid-flu-vaccine-proves-effective
Moderna's combined COVID-19 and flu vaccine has demonstrated efficacy equivalent to that of separate shots in late-stage trials, according to results published on Monday. ...
https://knews.kathimerini.com.cy/en/news/cyprus-prepares-for-major-local-government-reform
The June 9 elections mark the final step before the significant milestone on July 1, 2024, when a new local government structure will be established in Cyprus, Apostolos Tomaras reports. ...
https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-bbb
Fitch Ratings has upgraded Cyprus' Long-Term Foreign Currency Issuer Default Rating from 'BBB' to 'BBB+' with a positive outlook....
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/news/keravnos-continues-to-call-on-banks-to-slash-interest-rates
Finance Minister, Makis Keravnos, called on local banks to slash interest rates, emphasizing the urgency for change in the financial landscape. Keravnos's remarks come just before the European Central Bank's Governing Council convenes,...
https://knews.kathimerini.com.cy/en/news/israeli-settler-defies-us-sanctions-gains-community-aid-to-access-frozen-funds
For weeks after being sanctioned by the United States, Yinon Levi struggled to pay the bills, living at his farming outpost atop a hill in the occupied West Bank. But the Israeli settler’s problems didn’t last....
https://knews.kathimerini.com.cy/en/news/man-arrested-for-firing-shot-in-money-disagreement
A 21-year-old man reported to police yesterday an alarming incident outside the residence of a 38-year-old individual in Limassol....
https://knews.kathimerini.com.cy/en/business/cyprus-s-electricity-outlook-brightens-with-great-sea-interconnector
The presentation of the "Great Sea Interconnector" electricity cable viability study by ADMIE's leadership in Nicosia has reportedly left a positive impression...
https://knews.kathimerini.com.cy/en/business/unemployment-in-cyprus-hits-record-low-in-may
The downward trend in Cyprus' registered unemployment continued in May 2024, reaching historically low levels, according to data released by the Statistical Service of Cyprus on Wednesday....
https://knews.kathimerini.com.cy/en/news/new-banknotes-featuring-king-charles-released-in-the-uk
Banknotes bearing the portrait of King Charles III have been released into circulation for the first time today. ...
https://knews.kathimerini.com.cy/en/news/eurobank-takes-control-with-55-3-share-in-hellenic-bank
The European Central Bank (ECB) has given its approval for Eurobank to acquire a majority stake of over 50% in Hellenic Bank, marking a significant milestone in the banking landscape of Cyprus....
https://knews.kathimerini.com.cy/en/news/fti-bankruptcy-adds-to-woes-of-cyprus-tourism-sector
The recent bankruptcy of German tour operator FTI has sent ripples through the Cyprus tourism industry, highlighting both immediate concerns and long-term implications....
https://knews.kathimerini.com.cy/en/news/ukrainian-embassy-denies-zelensky-casino-purchase
The Embassy of Ukraine in the Republic of Cyprus has firmly denied allegations that Ukrainian President Volodymyr Zelensky has purchased a casino in Kyrenia. In a recent statement,...
https://knews.kathimerini.com.cy/en/comment/opinion/anastasiades-christodoulides-accused-of-derailing-talks
Time has its own meaning. The former president of DISY, Av. Neophytou, according to a report......
https://knews.kathimerini.com.cy/en/business/unpaid-debts-from-fti-touristik-bankruptcy-threaten-cyprus-hotels
The European tourism market has been jolted by the bankruptcy of FTI Touristik, a major German travel organiser. ...
https://knews.kathimerini.com.cy/en/business/profits-soared-in-cyprus-banking-sector-in-2023
The Cyprus banking sector experienced a significant surge in profitability by the end of 2023, as indicated by key financial indicators from the Central Bank of Cyprus (CBC)....
