https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/news/lagarde-signals-eurozone-interest-rate-drop-in-june
The President of the European Central Bank, Christine Lagarde, has hinted at the possibility of a rate cut in June, citing the need for more data......
https://knews.kathimerini.com.cy/en/news/european-elections-add-twist-to-cyprus-polls
On June 9, Cyprus goes to the polls in the most complicated elections in its history as the European elections and the local government elections are held in parallel, following the reform passed by the Parliament....
https://knews.kathimerini.com.cy/en/news/children-can-now-testify-remotely-making-them-feel-safe
In a significant development, children can now testify as e-witnesses in cases of sexual violence, a remarkable achievement facilitated by ''The Children's House'' in Nicosia. ...
https://knews.kathimerini.com.cy/en/news/eu-s-passage-of-migration-pact-shrouded-in-controversy
A ''Historic'' moment for Europe, as the Migration and Asylum Pact was approved by the plenary session of the European Parliament a few hours ago....
https://knews.kathimerini.com.cy/en/news/government-ramps-up-digital-services-with-new-mobile-app
The government works on two levels concerning the roll out of Digital Citizen, namely the upgrading of the government portal gov.cy......
https://knews.kathimerini.com.cy/en/news/government-considers-creation-of-speed-track-to-boost-road-safety
The prospect of establishing a dedicated track for speed enthusiasts has emerged as part of efforts to bolster road safety, according to Minister of Transport, Communications, and Works, Alexis Vafeadis....
https://knews.kathimerini.com.cy/en/news/accusations-against-von-der-leyen-shake-re-election-bid-as-brussels-elite-speak-out
Ursula von der Leyen’s bid for a second term as president of the European Commission has been dented after accusations of favouritism in the selection of a fellow party member to a lucrative new job.
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https://knews.kathimerini.com.cy/en/news/cyprus-seeks-eu-aid-amid-migration-surge
In response to increased migration flows, particularly from Syrians in Lebanon, Cyprus urges EU aid for Lebanon and steps up surveillance to prevent boat departures, Interior Minister Constantinos Ioannou reports....
https://knews.kathimerini.com.cy/en/news/trump-s-$175m-bond-halts-ny-fraud-case-collection
Former President Donald Trump has taken action in his New York civil fraud case, posting a $175 million bond on Monday.
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https://knews.kathimerini.com.cy/en/news/global-maritime-alliance-implements-fees-to-curb-ship-emissions
At the latest meeting of the International Maritime Organization, a coalition of 60 member states made a joint decision to levy fees on greenhouse......
https://knews.kathimerini.com.cy/en/news/thanasis-death-inquiry-reaches-boiling-point-with-third-interrogation
After a series of intricate legal proceedings, including testimonies from the Legal Service and family attorneys, the complex investigation into the death of 26-year-old soldier Thanasis Nicolaou is nearing its conclusion. ...
https://knews.kathimerini.com.cy/en/news/paris-olympics-rekindles-condom-tradition-in-athletes-village
As Paris gears up for this summer's Olympic Games, organizers are reinstating a longstanding tradition: distributing condoms in the athletes' village. ...
https://knews.kathimerini.com.cy/en/business/south-korea-launches-first-self-sailing-container-ship
South Korea's strides in maritime technology are showcased with the development of a groundbreaking container ship capable of autonomous navigation, marking a significant leap forward in the industry, ...
https://knews.kathimerini.com.cy/en/comment/opinion/what-are-they-afraid-of
Transparency is not merely a good thing; it is essential. However, with the exception of one, credit buyout companies seem unwilling to disclose their financial results, keeping them shrouded in secrecy....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-program-for-children-with-behavioral-challenges
Cyprus is launching a pilot program in September for alternative schooling for children with extreme behavioral issues, the Education Minister said Friday....
https://knews.kathimerini.com.cy/en/news/saints-sergios-bacchus-church-rises-from-devastation
Out of the ruins and devastation, the small church of Saints Sergios and Bacchus, in the Karpas peninsula, east of Neta village in Turkish occupied......
https://knews.kathimerini.com.cy/en/news/senator-menendez-faces-new-obstruction-charges-in-growing-legal-saga
In a recent development, U.S. Senator Bob Menendez and his wife are facing obstruction of justice charges, revealed in a new 18-count indictment unsealed on Tuesday....
https://knews.kathimerini.com.cy/en/news/national-guard-s-death-raises-questions-on-cyprus-justice-system
Revelations surrounding the death of National Guardsman Thanasis Nicolaou, emerging years after the incident, have sparked both sensation and concern about the functioning of the criminal justice system in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/transport-ministry-enhances-traffic-surveillance-with-170-new-cameras
In a bid to revolutionize its traffic monitoring capabilities, the Ministry of Transport in Cyprus is embarking on a strategic initiative....
https://knews.kathimerini.com.cy/en/news/olive-oil-prices-spike-49-in-cyprus
In January 2024, the price of olive oil experienced a significant surge, with Cyprus leading the pack with a remarkable 49% increase, according to data released by Eurostat, the EU's statistical office. ...
https://knews.kathimerini.com.cy/en/news/cyprus-sees-an-18-2-rise-in-crime-cases-in-2022
The number of true crime cases reported to the Police rose by 18.2% in Cyprus in 2022, with the Crime Index expressed in 100,000 inhabitants rising to 584 from 501 in 2021 and 482 the year before.
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https://knews.kathimerini.com.cy/en/news/minister-vows-to-solve-prison-overcrowding-by-2026
Justice and Public Order Minister Marios Hartsiotis said on Friday he expects a significant reduction in prison overcrowding after the construction of the new Central Prison building, to be completed in 2026 according to schedule....
https://knews.kathimerini.com.cy/en/news/defected-russian-pilot-found-dead-in-spain
The Russian pilot, Maksym Kuzminov, who gained international attention for defecting to Ukraine with a Mi-8 helicopter in August, was found dead with gunshot wounds in southern Spain last week, ...
https://knews.kathimerini.com.cy/en/business/ey-cyprus-welcomes-two-new-partners-to-power-growth
EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of two new partners....
https://knews.kathimerini.com.cy/en/news/government-grapples-with-energy-project-crisis
The firm spearheading one of the Republic of Cyprus' most ambitious energy ventures, Terminal F.P. at Royal, finds itself grappling with challenges that threaten its completion....
https://knews.kathimerini.com.cy/en/business/moody-s-sees-positive-shift-in-cyprus-economy
In a webinar panel discussion hosted by the Cyprus Economic Society, Haiko Peters, Vice President and Senior Analyst at Moody's Sovereign Risk Group, emphasized sustained improvements in the Cypriot economy....
https://knews.kathimerini.com.cy/en/business/consulco-s-london-credit-fund-continues-to-grow
London Credit Fund, Consulco Group’s successful alternative investment fund, continues its dynamic growth....
https://knews.kathimerini.com.cy/en/news/nicosia-s-boutique-hotel-scene-flourishes-amid-tourism-surge
Seeking accommodation in a hotel in Nicosia for February, the search yields 22 options. Narrowing the search by distance from the city center results in fewer choices, yet still satisfactory. Twelve boutique units, primarily small boutique hotels, emerge from the search on booking.com....
https://knews.kathimerini.com.cy/en/business/thanos-hotels-arrival-signals-shift-in-nicosia-s-identity
In Nicosia, specifically within its historic center and nestled within the ancient walls, Thanos Hotels is gearing up for a new venture. ...