https://knews.kathimerini.com.cy/en/business/ft-global-stock-markets-tumble-amid-us-recession-fears
Global stock markets experienced significant declines on Monday as concerns about a potential US recession led investors to abandon risky assets....
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/news/cyprus-non-cash-payment-value-hits-€129-billion
Non cash payments in Cyprus in the second half of 2023 rose by 12% year on year to €129 billion with total transactions amounting to 152 million marking an annual increase of 15%, the Central Bank of Cyprus (CBC) has said....
https://knews.kathimerini.com.cy/en/news/pavlos-kontides-shines-in-2nd-place-overall
Pavlos Kontidis continues to impress with his outstanding performance in the latest sailing competition. In the seventh race, Kontidis secured a commendable 3rd place finish, propelling him to 2nd place overall with a total of 45 points....
https://knews.kathimerini.com.cy/en/news/driverless-taxis-cause-traffic-chaos-in-china
Hundreds of driverless robotaxis from Chinese tech giant Baidu are causing traffic mayhem in Wuhan. ...
https://knews.kathimerini.com.cy/en/news/uber-to-add-100-000-electric-cars-to-its-global-fleet
Uber has announced a deal to integrate 100,000 electric vehicles (EVs) from China's BYD into its global fleet....
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/greece-battles-major-sheep-and-goat-plague-in-11-regions
New cases of sheep and goat plague are expected in Greece, with 35 outbreaks already reported across 11 of the country's 13 regions, according to Agriculture Minister Kostas Tsiaras. Movement and slaughter bans will remain in effect next week to curb the spread....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-breakthrough-in-identifying-missing-persons
A new approach to gathering information on the whereabouts of missing persons in Cyprus has yielded significant results, according to Anna Aristotelous, Head of Humanitarian Affairs for Missing Persons and the Enclaved. ...
https://knews.kathimerini.com.cy/en/business/lidl-celebrates-its-successful-sponsorship-of-the-uefa-euro-2024
• Lidl's sponsorship of the biggest football event in Europe, as an Official Partner of UEFA EURO 2024™, signaling the company's first international participation in football....
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/news/cyprus-government-rakes-in-over-€424m-in-surpluses-this-year
Cyprus has reported a substantial budget surplus of €424.5 million for the first half of 2024, a huge increase from the €62 million surplus during the same period last year. ...
https://knews.kathimerini.com.cy/en/news/truck-with-illegal-fuel-seized-at-cyprus-border-driver-fined-€19-000
Officials from Cyprus' Customs Department seized a commercial vehicle and 4,500 liters of fuel on July 26, originating from the occupied areas of the Republic of Cyprus. The driver paid a total of €19,000 in an out-of-court settlement.
...
https://knews.kathimerini.com.cy/en/business/fruits-and-perishables-made-of-gold
Soaring retail prices for fresh fruits and vegetables have heavily impacted both consumers and producers in recent months. ...
https://knews.kathimerini.com.cy/en/news/team-usa-wins-bronze-in-men-s-gymnastics-for-first-time-in-16-years
Team USA earned a bronze medal in the men’s gymnastics team final on Monday at the 2024 Paris Olympics, marking their first men’s team medal in 16 years....
https://knews.kathimerini.com.cy/en/news/limassol-s-broadcast-brought-paris-2024-olympics-to-life
Limassol brought the excitement of the Paris 2024 Olympic Games to its shores with an outdoor broadcast of the Opening Ceremony at Molos Park on July 26....
https://knews.kathimerini.com.cy/en/news/greek-firms-fuel-business-expansion-across-cyprus
The investment climate in Cyprus has significantly improved since the crisis era of 2013, attracting substantial interest from Greek companies....
https://knews.kathimerini.com.cy/en/news/eu-prosecutor-probes-vasilikos-lng-project-for-fraud
The European Public Prosecutor's Office (EPPO) has launched an investigation into the Vasilikos liquefied natural gas (LNG) import terminal project in Cyprus, amid suspicions of public procurement fraud, misappropriation of EU funds, and corruption.
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https://knews.kathimerini.com.cy/en/news/cyprus-sees-surge-in-russian-tourism-despite-sanctions
Cyprus is witnessing a promising increase in Russian and Russian-speaking tourists despite the European Union's sanctions following Russia's 2022 invasion of Ukraine, which led to the suspension of direct flights between Cyprus and Russian airports....
https://knews.kathimerini.com.cy/en/news/anastasiades-speaks-out-on-cyprus-solution-corruption-and-political-ties
In one of his most candid interviews to date, former President Nicos Anastasiades discussed the Cyprus problem and the talks held in Crans-Montana with Marina Economides in "K". ...
https://knews.kathimerini.com.cy/en/news/kamala-harris-raises-record-$81m-in-24-hours-after-biden-s-exit
Vice President Kamala Harris has shattered fundraising records, drawing an unprecedented $81 million in the 24 hours following President Joe Biden's decision to step down, campaign spokesperson Kevin Munoz announced Monday....
https://knews.kathimerini.com.cy/en/news/harris-raises-$50m-after-biden-s-exit
Vice President Kamala Harris’ presidential campaign has raised nearly $50 million in grassroots donations since President Joe Biden suspended his re-election bid and endorsed her, Fox News Digital reports....
https://knews.kathimerini.com.cy/en/news/water-reservoir-levels-plummet-to-36-8
Reservoirs across Cyprus have reached critically low levels due to an extended heatwave, with current water storage at just 36.8% of total capacity, according to the Water Development Department....
https://knews.kathimerini.com.cy/en/news/biden-withdraws-from-us-presidential-race
President Joe Biden has withdrawn from the 2024 presidential race, a decision that injects significant uncertainty into the Democratic nomination process just months before the November election against Donald Trump. ...
https://knews.kathimerini.com.cy/en/news/cyprus-grapples-with-displacement-50-years-after-turkish-invasion
The violent displacement of tens of thousands of Cypriots following the Turkish invasion in July 1974 remains a festering wound for Cyprus....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-political-failure-50-years-on
The 20th of July will mark the day the Turkish Army invaded and occupied 40% of the island of Cyprus. Greece’s Prime Minister Mitsotakis, dignitaries and other heads of state will be welcomed as guests by President Christodoulides to commemorate that historical dark event but to also make the customary petty speeches aimed to tickle people’s ears....
https://knews.kathimerini.com.cy/en/news/june-sees-price-hikes-on-essentials-as-inflation-rises
Get ready to pay more for everyday items! Prices for many essential goods jumped in June, driving up inflation to 2.9%. This follows a steady rise from 2.4% in April and 2.7% in May....
https://knews.kathimerini.com.cy/en/news/turmoil-at-vasilikos-as-chinese-consortium-pulls-out-terminal-project-in-limbo
The sudden withdrawal of the CPP-METRON CONSORTIUM LTD from the Vasilikos terminal project has added a new layer of complexity to the already troubled initiative. ...
https://knews.kathimerini.com.cy/en/news/ursula-von-der-leyen-secures-second-term-as-eu-commission-president
In a decisive move, the European Parliament has elected Ursula von der Leyen to serve a second term as President of the European Commission,...
https://knews.kathimerini.com.cy/en/news/transparency-concerns-cloud-eu-vote-on-ursula-von-der-leyen-s-presidency
The political fate of Ursula von der Leyen hangs in the balance today as 720 Members of the European Parliament convene in Strasbourg at 1 p.m. local time......