https://knews.kathimerini.com.cy/en/business/new-pyramid-scheme-preys-on-cypriots-promising-big-profits
In a report by Hectoras Georgiou from Kathimerini, a new company named Metamax has recently popped up in Cyprus, promising substantial profits to users through its application. ...
https://knews.kathimerini.com.cy/en/news/fitch-elevates-hellenic-bank-s-credit-rating
Fitch Ratings has upgraded Hellenic Bank's Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+', with stable outlook and its Viability Rating (VR) to 'bbb-' from 'bb+'.
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https://knews.kathimerini.com.cy/en/news/government-extends-subsidies-to-ease-cost-of-living-crisis
The Cabinet approved a proposal on Wednesday by Finance Minister Makis Keravnos to extend measures aimed at compensating for the living costs of Cypriot households. Government Spokesperson Konstantinos Letymbiotis announced the decision following the Cabinet meeting....
https://knews.kathimerini.com.cy/en/news/standard-poor-s-upgrades-bank-of-cyprus-rating
Standard & Poor’s (S&P) has upgraded Bank of Cyprus’ long-term issuer rating to BB+, just one notch below investment-grade status, and assigned a positive outlook. This comes shortly after the upgrade of Cyprus’ long-term rating to BBB+, also with a positive outlook....
https://knews.kathimerini.com.cy/en/news/cyprus-to-sell-1-billion-bond-after-improved-credit-ratings
The Republic of Cyprus is expediting its return to the financial markets, seeking to leverage recent credit rating upgrades by Fitch and Standard & Poor's......
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/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/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/fidias-panayiotou-s-controversial-candidacy-and-the-rise-of-anti-politics
''If you thought Phidias had no opinion on the Cyprus problem, you are wrong. He does. It was just better when he didn't,''...
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/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/the-top-25-airlines-soaring-above-the-rest
Qatar Airways has reclaimed its position as the world's best airline, according to AirlineRatings.com, after briefly slipping to second place in 2023. ...
https://knews.kathimerini.com.cy/en/news/elections-expected-to-reshape-political-landscape
High Stakes in Cypriot Elections: Political Landscape at a Crossroads
Municipal and European Contests to Shape Future of Traditional Parties, Leadership, and Far-Right Influence...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-non-performing-loans-drop-to-lowest-level-in-years
Total non-performing loans (NPLs) to banks have dropped below €2 billion, specifically to €1.9 billion. ...
https://knews.kathimerini.com.cy/en/news/news-corp-teams-up-with-openai-for-content-sharing
Joining news organizations that have chosen to collaborate rather than fight with the best-known artificial intelligence company, News Corp. has struck a multiyear deal to share news content with OpenAI for both training purposes and to answer questions from users....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-hails-financial-progress-with-new-cbc-governor
The appointment ceremony for the new governor of the Central Bank of Cyprus, Mr. Christodoulos Patsalides, occurred this morning at the Presidential Palace, with the President of the Republic, Mr. Nikos Christodoulides, in attendance....
https://knews.kathimerini.com.cy/en/news/cyprus-economy-holds-steady-amid-challenges
Canadian credit rating agency DBRS Ratings GmbH (Morningstar DBRS) has affirmed the Republic of Cyprus's long-term ratings, maintaining it at BBB (high) with a stable economic outlook. ...
https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation
International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks.
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https://knews.kathimerini.com.cy/en/news/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. ...
https://knews.kathimerini.com.cy/en/news/nikki-haley-s-exit-paves-smooth-path-for-trump-s-nomination
In a culmination of political battles across 16 states and one U.S. territory, Super Tuesday marked a pivotal moment in the 2024 race for the White House. ...
https://knews.kathimerini.com.cy/en/news/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. ...
https://knews.kathimerini.com.cy/en/news/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.
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https://knews.kathimerini.com.cy/en/news/one-year-in-challenges-mount-for-president-nikos-christodoulides
In today's Sunday edition of Kathimerini, journalist Marina Economidou delves into the intricate dynamics of President Nikos Christodoulides' first year. ...
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/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. ...
https://knews.kathimerini.com.cy/en/business/hellenic-bank-posts-impressive-2023-profit-of-€365-4-million
Hellenic Bank reported a substantial profit of €365.4 million for the year 2023, marking a significant upswing from €21.8 million in 2022. The Return on Tangible Equity (ROTE) for 2023 soared to 28.7%, a stark contrast to the 2.0% recorded in 2022....
https://knews.kathimerini.com.cy/en/news/8-year-old-chess-prodigy-makes-history-defeating-grandmaster
In a groundbreaking achievement, 8-year-old chess prodigy Aswath Kaushik has entered the record books as the youngest player ever to defeat a chess grandmaster. ...
https://knews.kathimerini.com.cy/en/news/cyprus-economy-2024-ktrends-reveals-challenges-and-successes
Delving into the latest findings from the 6th wave of ''Ktrends'' research by ''Kathimerini'' newspaper unveils a multifaceted picture of Cyprus's economic landscape in January 2024. ...
https://knews.kathimerini.com.cy/en/news/christodoulides-faces-declining-ratings-amid-citizen-discontent
Marina Economidou, Director of 'Kathimerini,' has commented on the recent poll results indicating a decline in the ratings of President Nikos Christodoulides. ...
https://knews.kathimerini.com.cy/en/business/government-courts-global-investors-in-ambitious-growth-push
In a bid to position Cyprus as an enticing destination for foreign investments, the President of the Republic addressed a gathering of over 100 foreign investors and companies at the Presidential Palace. ...