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1. Labor Minister discusses 'Cost of Living Allowance' for Cyprus

In an interview with Oriana Papantoniou, Minister of Labor and Social Insurance Yiannis Panayiotou highlighted the significant strides made during his first year in office, emphasizing a people-centric approach to governance. ...

2. President's ''fireside chat'' with chosen few unveils triumphs and controversy

In an interchannel interview held to evaluate the first year in office, President of the Republic Nikos Christodoulides commenced proceedings a few minutes after 20:30. ...

3. Greek Minister partners with 'Queer Destinations' to boost LGBT tourism

Greek Tourism Minister Olga Kefalogianni signed a memorandum of cooperation with the Queer Destinations tourism company on Thursday to promote Greece as a friendly destination for LGBTQ+ people. ...

4. Cyprus hotels secure 2nd spot in European tourist satisfaction

In a report in Kathimerini's Oikonomiki newspaper today by Maria Eracleous, Cypriot hotels experience the highest levels of guest satisfaction during the peak summer months of April to June, with an overall satisfaction index averaging 85% from January to November....

5. Nissi Beach ranks 22nd globally on TripAdvisor

In the recently released list of the world's top 25 beaches by TripAdvisor, Nissi Beach in Cyprus proudly claims the 22nd spot, says Maria Eracleous of Kathimerini. ...

6. Greece rolls out 'climate resilience levy' to fund post-disaster reconstruction

In an effort to finance reconstruction projects following severe forest fires and floods, the Greek government has introduced a new accommodation tax, referred to as the 'climate resilience levy.'...

7. Themis Themistocleous signals potential 2024 interest rate cut

In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...

8. Deloitte Cyprus CEO on 65 years, challenges, and future strategies

Deloitte Cyprus celebrates 65 years of presence on the island, playing a major role in the financial affairs of the state....

9. 'Ktrends' survey reveals public dissatisfaction with Cyprus government

In a recent economic survey conducted by ''Kathimerini,'' the fifth wave of ''Ktrends'' highlights notable trends in economic, household, and market dynamics for October 2023. ...

10. Bank of Cyprus returns to London for investment talks

Just two months after its last visit to the heart of investment interest, the Bank of Cyprus is making waves again in London....

11. Cyprus gets BBB+ boost in latest ratings, but challenges persist

The German Scope Ratings have given a positive sign for Cyprus by upgrading the country to BBB+ last Friday from the previous BBB while keeping the outlook of the economy stable. ...

12. 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....

13. Cyprus banks secure Moody's upgrade to investment status

After 12 years, Moody's has upgraded the ratings of Cyprus' two major banks, Bank of Cyprus and Hellenic Bank, placing them in the investment category....

14. Real estate boom in Greece and Cyprus

The real estate landscapes of Greece and Cyprus are undergoing significant transformations, with both nations showcasing promising growth and recovery. However, beneath the surface of these top-line numbers, there are underlying challenges and disparities that need to be addressed....

15. Fattal Group acquires yet another holiday property in Cyprus

The facelift at Elias Latsi Holiday Village Resort is progressing smoothly, thanks to the recent positive response from the Environmental Authority....

16. Eurobank Cyprus reports soaring profits amid rising interest rates

Eurobank Cyprus posted soaring profitability after tax for the first half of 2023 with net profits approaching the profitability of full year 2022, due to rising interest rates and the high remuneration of its liquidity held at the ECB....

17. Banking on success: Greek and Cypriot banks show remarkable credit improvement

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....

18. Proposed foreclosure reforms spark debate in Cyprus

Three proposals will be discussed at the last Plenary Session of the House of Representatives before the summer recess, along with three scenarios regarding the outcome of the foreclosure framework....

19. Contentious foreclosure legislation sparks debate in Parliament

The issue of foreclosures remains unresolved and will be the focal point of the upcoming plenary session on Thursday, July 13. ...

20. Young Greeks appear more pro-American

Anti-Americanism in Greece seems to be on the wane, as a recent Pew Institute survey in 23 countries showed that 56% of Greeks have a positive view of the United States...

21. Conservatives storm to victory in repeat Greek election

Greece's conservative New Democracy party stormed to victory in a parliamentary election on Sunday with voters giving reformist Kyriakos Mitsotakis another four-year term as prime minister...

22. MPs move forward with divestment changes

MPs are displaying a resolute determination to press ahead with crucial changes to the divestment framework before the parliamentary summer recess....

23. The real estate industry's crucial turning point

The European Parliament recently approved a new bill that aims to tackle climate change by reducing carbon emissions. This new legislation has significant implications for the property markets in Cyprus and Greece, where there is a large stock of buildings over 30 years old and requiring energy upgrades....

24. Prem Watsa: 'Greek banks are safer'

Greece has entered a virtuous cycle of growth, and the next few years will be especially beneficial to the economy and Greeks if political stability is maintained and business-friendly policies are implemented....

25. It's been 10 years since the haircut

In March 2023, Cyprus will mark 10 years since the deposit haircut. Ten years after the 2013 crisis, Cyprus looks completely different. During this decade, many changes have taken place and its citizens have experienced many different situations,...

26. Tourism revenues are on the mend

Savvas Perdios, the deputy tourism minister, spoke with K shortly after his trip to New York and Washington, D.C., about the ministry's investment in this market and the need to gradually lay the groundwork for increased American visitor numbers in Cyprus....

27. The winners and losers of the Archiepiscopal elections

The primary topic of discussion in the first round of voting last Sunday was the creation of the tripartite list from which the Holy Synod will select the incoming Primate of the Church of Cyprus. It cannot, however, be considered the only one....

28. The fierce battle for second place

29. Finance Ministry: 'Cyprus economy will not enter a recession'

There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...

30. 'K' poll: The race for second place (graphics)

We are in the crucial final sixty days before the elections, and everything points to a sensational thriller, a fierce battle for the coveted second place....