https://knews.kathimerini.com.cy/en/news/the-cypriot-hill-station
"Next Thursday, His Excellency the High Commissioner will depart from here with his family to go to his residence in Troodos for a vacation."(June 25, 1910). ...
https://knews.kathimerini.com.cy/en/news/german-prosecutors-issue-arrest-warrant-in-nord-stream-pipeline-sabotage
German prosecutors have issued their first arrest warrant in connection with the 2022 undersea explosions that damaged the Nord Stream gas pipelines, which run between Russia and Germany....
https://knews.kathimerini.com.cy/en/news/canada-and-cyprus-forge-evacuation-pact-amid-middle-east-crisis
An agreement between the Government of Canada and the Government of the Republic of Cyprus concerning Emergency Evacuation Operations, via the territory of the Republic of Cyprus was made on August 6th....
https://knews.kathimerini.com.cy/en/news/sharp-increase-in-bounced-checks-for-july-2024
The Central Bank of Cyprus (CBC) has reported a notable increase in bounced checks for July 2024, according to preliminary data from the Central Information Register (CIR)....
https://knews.kathimerini.com.cy/en/news/cyprus-ready-to-help-greece-as-massive-wildfire-threatens-athens
Cyprus is prepared to assist Greece as a major wildfire rages northeast of Athens, causing significant disruption and damage. The Cyprus Fire Service, led by Chief Fire Officer Nikos Longinos, is in close contact with Greek officials, including Lieutenant General Theodoros Vagias of the Greek Fire Brigade, to coordinate potential support efforts....
https://knews.kathimerini.com.cy/en/business/trade-deficit-slashed-by-20-in-2024-amid-falling-imports
Cyprus saw its trade deficit shrink by over 20% in the first half of 2024, according to the latest data from the Statistical Service. The trade deficit, which is the difference between what the country imports and exports, fell to €3.57 billion, down from €4.48 billion during the same period in 2023....
https://knews.kathimerini.com.cy/en/news/uss-wasp-arrives-in-limassol-for-routine-port-visit
The USS Wasp (LHD 1), an amphibious assault ship with the 24th Marine Expeditionary Unit (MEU) Special Operations Capable (SOC), arrived in Limassol on August 8, 2024, for a scheduled port visit, the US Fleet Forces Command announced Thursday.
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https://knews.kathimerini.com.cy/en/news/cypriots-flock-to-the-coast-for-summer-holidays-despite-rising-prices
Coastal areas remain the top choice for Cypriots' domestic summer holidays, with destinations like Ayia Napa, Protaras, Paphos, Limassol, and Larnaca seeing high demand, according to the Cyprus Hotels Association (PASYXE)....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-sees-23-profit-growth-raises-financial-targets
The Bank of Cyprus has announced a 23% increase in its profit after tax for the first half of 2024, reaching €270 million, compared to the same period in 2023. ...
https://knews.kathimerini.com.cy/en/news/dubai-airport-breaks-record-with-44-9m-passengers-in-2024
Dubai International Airport has broken a passenger record for the first half of the year, handling 44.9 million travelers from January to June, an 8% increase from the 41.6 million recorded during the same period in 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-sends-firefighting-planes-to-north-macedonia
Cyprus has dispatched two firefighting planes to North Macedonia to aid in battling forest fires in the Chashka and Sveti Nikole regions, the Department of Forests announced Wednesday....
https://knews.kathimerini.com.cy/en/business/eurobank-completes-takeover-of-hellenic-bank
Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., has successfully completed its mandatory takeover bid for Hellenic Bank Public Company Limited. ...
https://knews.kathimerini.com.cy/en/news/controversy-as-2-7m-tourists-flock-to-occupied-cyprus
According to Halkin Sesi, citing data on tourism in the pseudo-state, the occupied territories in Cyprus saw an influx of 2.7 million third-country nationals in the first five months of 2024....
https://knews.kathimerini.com.cy/en/news/central-bank-revises-gdp-growth-to-3
The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth rate for 2024, by 0.2 percentage points, to 3%......
https://knews.kathimerini.com.cy/en/business/cypriot-banks-show-resilience-amid-challenges-reports-central-bank-governor
Despite the continuous challenges, the Cypriot banking system continues to register a positive course, which is reflected in the main supervisory indicators, Governor of the Central Bank of Cyprus (CBC), ...
https://knews.kathimerini.com.cy/en/news/gesy-reserve-fund-soars-to-€590-million
The General Healthcare System (GESY) reserve fund remains high at approximately €590 million, exceeding international best practices......
https://knews.kathimerini.com.cy/en/comment/opinion/corruption-at-the-heart-of-the-cyprus-problem
Is there any doubt that corruption is a major reason why the Cyprus problem remains unresolved? A recent example is the Vasiliko case, the construction project of the ''Liquefied Natural Gas Storage and Regasification Terminal'' in Vasiliko....
https://knews.kathimerini.com.cy/en/news/appointment-of-new-ceo-and-bod-in-opap-cyprus
OPAP Cyprus announces the appointment of Mr. Alexandros Davos as the company’s new CEO, as well as the appointment of a new BoD, with immediate effect....
https://knews.kathimerini.com.cy/en/news/cyprus-could-face-financial-strain-over-vasilikos-debacle
The abandonment of the Vasilikos terminal project by a Chinese consortium has triggered a cascade of financial and operational challenges for Cyprus, with substantial implications for state finances and energy infrastructure....
https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-reports-€105-7m-net-profit-for-h1-2024
Eurobank Cyprus reported a net profit of €105.7 million for the first half of 2024, marking a 16% increase, or €14.9 million, compared to the same period in 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-slows-in-july-after-three-months-of-rising-costs
Inflation in Cyprus took a breather in July after three months of climbing prices. According to new figures released by the Cyprus Statistical Service, the cost of living went up by 2.1% in July. ...
https://knews.kathimerini.com.cy/en/news/greece-on-high-alert-over-possible-israeli-target-attack
The National Intelligence Service (EYP) and counterterrorism authorities in Greece are on heightened alert after receiving a warning from foreign security services about a potential attack on an Israeli interest in Greece....
https://knews.kathimerini.com.cy/en/news/journalists-spies-and-political-prisoners-freed-in-largest-prisoner-swap-since-cold-war
The Wall Street Journal reporter Evan Gershkovich has been freed from Russian custody as part of a significant prisoner exchange involving numerous foreign citizens held in Russia and several Russian political prisoners....
https://knews.kathimerini.com.cy/en/business/bank-of-england-cuts-interest-rates-after-nearly-a-year-of-stability
The Bank of England (BoE) has cut interest rates for the first time since the start of the COVID-19 pandemic, dropping them from a 16-year high. This decision, made by a narrow 5-4 vote, reflects a split among policymakers about whether inflation is under control....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-significant-uptick-in-new-loans
In June 2024, new loans in Cyprus substantially increased, reaching €330.6 million, up from €234.9 million in May. Data from the Central Bank of Cyprus (CBC) show that total new loans, which include both new and renegotiated contracts, climbed to €514.9 million from €391.6 million the previous month....
https://knews.kathimerini.com.cy/en/business/vasilikos-cyprus-political-figures-and-public-officials-to-be-summoned
The European Public Prosecutor's Office has launched an investigation into the construction contract of the Natural Gas Terminal (NGA) in Vasilikos, Cyprus....
https://knews.kathimerini.com.cy/en/news/olympic-men-s-triathlon-postponed-due-to-seine-water-contamination
The men's triathlon at the Olympic Games has been postponed due to poor water quality in the River Seine, despite significant investments in infrastructure. ...
https://knews.kathimerini.com.cy/en/news/eurobank-to-revamp-hellenic-bank-s-leadership-in-september
Eurobank is now focusing on the next steps following the completion of its tender offer for a 100% acquisition of Hellenic Bank, finalized on Tuesday, June 30, 2024. ...
https://knews.kathimerini.com.cy/en/news/astrobank-acquires-neo-plaza-in-kokkinotrimithia
The Neo Plaza of Kokkinotrimithia in Nicosia, an open commercial mall project in Cyprus that did not meet expectations, has been acquired by AstroBank....
https://knews.kathimerini.com.cy/en/news/cyprus-signs-€50-million-contract-for-smart-meters
A €50 mln contract for Advanced Metering Infrastructure (ΑΜΙ) was signed on Wednesday between the Electricity Authority of Cyprus (EAC) and the Cyprus Telecommunications Authority (CYTA)....
