https://knews.kathimerini.com.cy/en/business/rate-hikes-got-you-down-bank-of-cyprus-has-€2-million-with-strings-attached
Bank of Cyprus, perhaps feeling a twinge of sympathy for mortgage holders grappling with those pesky European Central Bank interest rate hikes, has unveiled a €2 million rewards program....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-s-car-market-is-a-tangled-mess
On Monday, February 3rd, manufacturers decided to immobilize 138 vehicles due to the risk of faulty TAKATA airbags, and another 138 due to brake issues....
https://knews.kathimerini.com.cy/en/news/old-gsp-redevelopment-nears-completion-set-to-transform-nicosia-s-historic-centre
The long-anticipated redevelopment of the old GSP stadium in the heart of Nicosia is set to be handed over to the public this month, marking a major step in the revitalization of the capital’s historic centre....
https://knews.kathimerini.com.cy/en/news/cyprus-airways-introduces-direct-flights-to-venice
Cyprus Airways announces the launch of a new seasonal route connecting Larnaca to Venice, commencing May 30 and running through September 29, 2025, with enticing fares starting at just €86 one way. ...
https://knews.kathimerini.com.cy/en/news/76-year-old-arrested-in-cyprus-after-€150-000-fraud
A 76-year-old man was arrested Thursday in Larnaca after a joint investigation between Cypriot and German authorities uncovered his involvement in an internet fraud and money laundering scheme....
https://knews.kathimerini.com.cy/en/business/cyprus-ended-2024-with-a-banking-boom-as-loans-and-deposits-surged
Cyprus closed out 2024 with a surge in banking activity, as both loans and deposits saw substantial increases, according to the latest data from the Central Bank of Cyprus (CBC). ...
https://knews.kathimerini.com.cy/en/news/asylum-seeker-detained-at-airport-for-months-ordered-released
The Supreme Court of Cyprus has ordered the immediate release of an asylum seeker who had been detained at Larnaca airport since November. The ruling was made on January 23, 2025, after the applicant, an individual from Uganda, challenged his continued detention....
https://knews.kathimerini.com.cy/en/comment/opinion/it-was-a-low-bar
The Housing Grant Scheme for young couples and individuals up to 41 years of age was launched on 31 October 2024, with a target of 400 beneficiary applications and a total budget of €15 million. ...
https://knews.kathimerini.com.cy/en/business/new-lending-boosted-by-interest-rates-and-government-plans
A favorable landscape for Cypriot borrowers is taking shape in 2025, laying the groundwork for a strong year in new lending....
https://knews.kathimerini.com.cy/en/news/from-non-aligned-neutrality-to-pro-western-alignment
Cyprus’ foreign policy has undergone a significant transformation over the decades, moving from a stance of non-alignment to a strong pro-Western orientation, particularly after its accession to the European Union. This shift, however, was not a simple one and reflects the island’s unique political challenges....
https://knews.kathimerini.com.cy/en/news/chaos-erupts-at-blinken-s-final-press-conference-over-gaza-ceasefire-deal
Secretary of State Antony Blinken's final press conference turned chaotic on Thursday when security forcibly removed two individuals who disrupted the event, accusing the U.S. government of complicity in the ongoing violence in Gaza. ...
https://knews.kathimerini.com.cy/en/news/paphos-polis-motorway-project-faces-€10-million-cost-increase-and-delays
The budget for the design and construction of the Paphos-Polis Chrysochous Motorway has risen by €10 million, with the total cost now estimated at approximately €95 million. ...
https://knews.kathimerini.com.cy/en/business/president-s-banking-measures-spark-surge-in-first-home-loans
President Nikos Christodoulides' efforts to support citizens through new banking measures are beginning to yield results. Meetings held in December with the CEOs of Cyprus’ two major banks, Bank of Cyprus (BoC) and Hellenic Bank (HB), appear to have sparked a tangible interest in first-home mortgage schemes....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-justice-system-meets-police-academy
Former Justice Minister Nikos Kosis likened recent prisoner escapes to a slapstick comedy featuring Thanasis Veggos, the beloved Greek comedian. ...
https://knews.kathimerini.com.cy/en/news/2024-eu-shake-up-includes-higher-schengen-visa-fees-stricter-border-checks-and-key-new-citizenship-rules
In 2024, the European Union implemented several significant changes impacting the Schengen Area and EU citizenship rules....
https://knews.kathimerini.com.cy/en/news/former-volunteerism-commissioner-seeks-judge-s-recusal-but-court-volunteers-to-stay-on-the-case
Former Commissioner for Volunteerism, Yiannakis Yiannaki, who faces eight charges of forgery and circulation of forged documents, appeared before the Nicosia District Court today with a new lawyer....
https://knews.kathimerini.com.cy/en/news/1-he-promised-to-help-cyprus
When Jimmy Carter was elected president of the United States in 1976, Greek Cypriots had reason to be hopeful....
https://knews.kathimerini.com.cy/en/news/he-promised-to-help-cyprus
Jimmy Carter passed away last week December 29, 2024, in his hometown of Plains, Georgia, at the age of 100....
https://knews.kathimerini.com.cy/en/news/rising-dam-levels-bring-hope-after-months-of-drought
The recent rains, storms, and snowfall across Cyprus have brought a welcome relief after years of drought and dry reservoirs. As we step into the new year, there’s cautious optimism that the country can avoid the looming threat of desertification this summer....
https://knews.kathimerini.com.cy/en/news/hollywood-star-rudy-youngblood-fights-deportation-from-greece
Hollywood star Rudy Youngblood, best known for his lead role in Mel Gibson’s Apocalypto, is facing deportation from Greece after his visa expired in November 2024....
https://knews.kathimerini.com.cy/en/news/chatgpt-your-new-digital-assistant-but-don-t-rely-on-it-blindly
Since November 2022, we’ve been living through a tech revolution that’s changed the way we get information. Imagine having a digital assistant, always ready to answer your questions in a clear, structured way. ...
https://knews.kathimerini.com.cy/en/business/more-spending-in-cyprus-but-prices-are-rising
Cyprus is seeing more people shopping and spending money, but higher prices are still affecting the cost of living. New data shows that in November 2024, both the amount of goods sold and the money spent in retail stores went up compared to last year....
https://knews.kathimerini.com.cy/en/news/2024-a-year-of-change-and-controversy-in-cyprus
2024 was a year of upheaval and drama for Cyprus, marked by significant changes, political reshuffling, court decisions, and constitutional challenges. The events listed below highlight some of the most important moments that defined the year.
...
https://knews.kathimerini.com.cy/en/news/banks-under-fire-how-public-pressure-forced-a-shake-up
Over the past decade, Cypriot banks have paid over €500 million to the state through a special levy known as the ''double tax.''...
https://knews.kathimerini.com.cy/en/news/over-a-thousand-jackets-for-the-needy-collected-by-primary-school
More than one thousand jackets were collected as part of the "No Child Without a Jacket" campaign for the needy, collected by a Limassol primary school....
https://knews.kathimerini.com.cy/en/news/putin-dares-the-west-to-a-hypersonic-missile-showdown
Russian President Vladimir Putin proposed a high-tech "showdown" between Moscow's new Oreshnik missile and US-developed air defense systems....
https://knews.kathimerini.com.cy/en/news/consumer-service-price-reductions-in-39-product-categories
The Consumer Protection Service announces the Consumer Product Price Observatory for November 2024....
https://knews.kathimerini.com.cy/en/business/finance-minister-signs-agreements-on-cryptocurrency-and-tax-information-sharing
Cyprus' Finance Minister, Makis Keravnos, has officially signed the Multilateral Competent Authority Agreements (MCAA) under the Global Forum of the Organization for Economic Cooperation and Development (OECD)....
https://knews.kathimerini.com.cy/en/news/cablenet-welcomes-velisarios-masouras-as-chief-financial-officer
Cablenet is pleased to announce the appointment of Velisarios Masouras as its new Chief Financial Officer (CFO), effective November 18, 2024....
https://knews.kathimerini.com.cy/en/news/president-inaugurates-new-wing-of-prisons
President Nicos Christodoulides inaugurated the new wing of the Closed Prison on Tuesday....
