https://knews.kathimerini.com.cy/en/news/hellenic-bank-reports-impressive-profit-surge-of-€160-2-million
Hellenic Bank had a really good financial run in the first half of 2023. They made a profit of €160.2 million, which is a huge jump of 203% compared to last year at the same time....
https://knews.kathimerini.com.cy/en/news/child-care-subsidy-for-kids-under-4-now-open-for-applications
The Child Tuition and Feeding Subsidy Scheme, designed to provide support for parents of young children up to 4 years old, has officially launched its application process on Monday, August 28, 2023....
https://knews.kathimerini.com.cy/en/news/can-sexual-education-truly-safeguard-cyprus-youth
With a small yet significant change in our education system, the new school year is commencing....
https://knews.kathimerini.com.cy/en/news/china-s-$10-trillion-hidden-debt
For some time now, markets have been buffeted almost on a daily basis by gloomy economic news filtering out of China....
https://knews.kathimerini.com.cy/en/news/government-offers-50-aid-for-homeownership-in-old-nicosia
The Ministry of Interior has announced the ongoing opportunity to apply for the Nicosia Within Walls City Housing Regeneration Scheme. ...
https://knews.kathimerini.com.cy/en/business/leonid-radvinsky-the-mastermind-behind-onlyfans
The profits of the OnlyFans platform have seen a remarkable surge over the past year, and recent revelations of its owner pocketing over $300 million (€278 million) in dividends have sparked fresh inquiries into the leader behind this adult content platform....
https://knews.kathimerini.com.cy/en/news/controversy-surrounds-pyla-project-and-un-response
The leader of the Turkish Cypriot community, Ersin Tatar, welcomed the new head of the General Staff of Turkey, General Metin Gkiourakos, at the "presidential" office....
https://knews.kathimerini.com.cy/en/comment/opinion/the-deafening-silence-of-the-forests
Bass Rock is an island not too far off the coast of Scotland, east of Edinburgh. It is home to the largest northern gannet (Morus bassanus) colony in the world, hosting nearly 75,000 couples each year....
https://knews.kathimerini.com.cy/en/news/astrobank-offers-diverse-properties-for-sale-across-cyprus
AstroBank, a prominent financial institution in Cyprus, has unveiled an array of properties available for purchase across the country....
https://knews.kathimerini.com.cy/en/news/hotel-employees-get-wage-boost
The Council of Ministers convened earlier today to address key labor-related matters. One significant decision that emerged from the meeting was the approval of a higher minimum wage threshold for the hotel industry,...
https://knews.kathimerini.com.cy/en/news/eurobank-acquires-17-3-stake-in-hellenic-bank-for-€167-9-million
The Eurobank has agreed to acquire an additional stake of around 17.3% (equivalent to 71,428,572 shares) in the Hellenic Bank at a total price of 167.9 million euros, or 2.35 euros per share. ...
https://knews.kathimerini.com.cy/en/news/brexit-7-000-finance-jobs-moved-overseas
Dublin, Frankfurt and Paris are vying for a share of the financial services markets once dominated by London....
https://knews.kathimerini.com.cy/en/news/dumping-dilemma-as-cyprus-struggles-to-break-the-cycle-of-illegal-waste
The problem of the existence of three illegal dumpsites in the Akamas community area has been trapped in a vicious circle of blame for years....
https://knews.kathimerini.com.cy/en/comment/opinion/energy-gamble-or-gain-cyprus-big-plans-under-scrutiny
The reluctance of the European Investment Bank (EIB) to financially support a part of the project, such as the Israel-Cyprus-Greece electric cable, should strongly concern Cyprus regarding its energy plans. ...
https://knews.kathimerini.com.cy/en/business/euroasia-interconnector-seeks-alternative-funding
The developer of the EuroAsia Interconnector is seeking alternative funding avenues to construct Cyprus' electricity interconnection with the European Union, following the European Investment Bank's rejection of a loan request. ...
https://knews.kathimerini.com.cy/en/news/us-eases-defense-trade-rules-for-cyprus-in-2024
The US Secretary of State has lifted the Defense Trade Restrictions on the Republic of Cyprus for the fiscal year 2024....
https://knews.kathimerini.com.cy/en/news/foreign-nationals-arrested-for-money-laundering-in-singapore
The Singaporean Police arrested 10 foreigners on suspicion of money laundering and forgery offenses in connection with a case involving 1 billion Singapore dollars (737 million dollars) in cash, luxury cars, and other assets.
...
https://knews.kathimerini.com.cy/en/news/water-stress-looms-over-cyprus-as-part-of-global-crisis
Cyprus is among the 25 countries facing extremely high water stress each year, the World Resources Institute (WRI) said in a recent study. In total, these countries are home to a quarter of the Earth's population, while at least 50% of the world's population - some 4 billion people - is under highly water-stressed conditions for at least one month of the year....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-deceleration-amid-inflation-and-rising-rates
Cyprus' economy experienced a slowdown in the second quarter of 2023, prompting inquiries about the situation. According to the preliminary estimate provided by the Statistical Service, ...
https://knews.kathimerini.com.cy/en/news/concerns-rise-over-emergency-grain-stocks
The Grain Advisory Committee is scheduled to convene this morning at 10 am at the Ministry of Agriculture, to engage in a discussion centered around the adequacy of grain supplies within the market. ...
https://knews.kathimerini.com.cy/en/news/uk-inflation-dips-to-17-month-low
UK inflation eased to a 17-month low in July, official data showed Wednesday, though it also revealed that prices of services, such as haircuts, hotels and restaurants, increased at a faster pace than the previous month.
...
https://knews.kathimerini.com.cy/en/news/pyroi-residents-push-for-crossing-point-amid-calls-for-unity
Residents of the Turkish-occupied village of Pyroi in the Nicosia district have voiced their demand for a new crossing point, while the government indicates its endorsement for expanded communication between the island's divided communities. ...
https://knews.kathimerini.com.cy/en/news/averof-neophytou-s-tweet-to-shed-light-on-today-economy
In a recent Twitter post, Averof Neophytou, a well-known figure in politics and a former leader of the Democratic Party, shared his thoughts on the current state of the economy. ...
https://knews.kathimerini.com.cy/en/news/russia-s-ruble-drops-to-lowest-level-since-2022-conflict
The Russian ruble slid past 100 against the dollar Monday, its lowest level since March 23, 2022 -- weeks after Moscow unleashed full-scale hostilities in Ukraine....
https://knews.kathimerini.com.cy/en/business/loan-denial-sparks-debate-over-euroasia-electricity-project
The European Investment Bank's (EIB) recent refusal to grant a loan for the EuroAsia Interconnector Electric Interconnector project has ignited a heated debate over the future of the ambitious energy initiative....
https://knews.kathimerini.com.cy/en/news/uncontrolled-land-sales-in-occupied-territories-raise-concerns
Kudret Ozersai, Chairman of the People's Party of the "TRNC", has sounded an alarm over the potential danger posed by unregulated real estate sales via companies in the pseudo-state. Ozersai has demanded immediate transparency regarding the extent of land areas sold to foreigners....
https://knews.kathimerini.com.cy/en/news/futuristic-refueling-as-london-s-gas-free-shell-station-sets-a-new-standard
One London gas station has totally reimagined what a refueling area can look like....
https://knews.kathimerini.com.cy/en/news/court-dismisses-depositors-claims-in-controversial-laiki-bank-case
On August 10, 2023, the Nicosia District Court rendered a judgment dismissing a claim pertaining to the impairment of plaintiffs' deposits in the former Laiki Bank back in 2013. The plaintiffs had brought the case to challenge the constitutionality of the resolution measures implemented by the State in accordance with the "Resolution of Credit and Other Institutions Law of 2013."...
https://knews.kathimerini.com.cy/en/news/electrifying-cyprus-only-2-5k-evs-drive-the-change
A total of 26,462 vehicles have been registered with the Department of Road Transport between January and July 2023, according to the most recent data released by the Department of Statistics. Out of the overall new registrations, 701 were electric vehicles, with 502 of them being private saloon cars....
https://knews.kathimerini.com.cy/en/news/670k-euros-invested-in-ayia-napa-beach-amenities
Four thousand new sunbeds and a thousand beach umbrellas, valued at a total of 670 thousand euros, have been recently set up along the shores of Ayia Napa....
