https://knews.kathimerini.com.cy/en/comment/opinion/the-president-s-rainy-rhetoric-on-his-undisclosed-income
''The weather may be rainy, but the clear sky isn't afraid of lightning.'' With this romantic and poetic line, the president responded to his critics regarding the issue of his undisclosed income. It's as if the man doesn't even deserve a small oversight....
https://knews.kathimerini.com.cy/en/news/eu-seeks-centralized-energy-storage-solution
As part of the Save and Upgrade plan, only eight applications have been submitted thus far for the installation of home storage systems. It's important to note that these grants exclude new homes, which are expected to meet almost zero energy consumption standards....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-secure-moody-s-upgrade-to-investment-status
After 12 years, Moody's has upgraded the ratings of Cyprus' two major banks, Bank of Cyprus and Hellenic Bank, placing them in the investment category....
https://knews.kathimerini.com.cy/en/life/university-of-nicosia-presents-unic-music-vibes-2023
The University of Nicosia is thrilled to announce the return of the UNIC MUSIC VIBES for its 7th edition, promising an electrifying night of music and entertainment....
https://knews.kathimerini.com.cy/en/news/stefanos-psaras-claims-gold-at-k1-kickboxing-world-cup-in-venice
In a gripping display of skill and determination, Stefanos Psaras, a distinguished member of the national team, emerged victorious at the K1 Kickboxing World Cup held in Venice, Italy....
https://knews.kathimerini.com.cy/en/news/acm-christofides-ltd-joins-cyprus-cocktail-festival-2023
The 4th Cyprus Cocktail Festival, part of the prestigious Digital Agenda Cyprus Summit, is excited to announce ACM Christofides LTD's significant involvement as a leading supplier. ...
https://knews.kathimerini.com.cy/en/news/could-kasselakis-be-the-catalyst-for-resolving-the-cyprus-problem
Stefanos Kasselakis, the newly elected President of SYRIZA-Progressive Alliance, is currently on a two-day visit to Cyprus, marking his first international trip since assuming office as the President of SYRIZA-PS....
https://knews.kathimerini.com.cy/en/news/moody-s-boosts-bank-of-cyprus-and-hellenic-bank-ratings-to-baa2
Moody’s Investors Service has upgraded Bank of Cyprus’ and Hellenic Bank’s long-term deposit ratings to Baa3 from Ba1, citing the continued resilience of the Cypriot economy and credit conditions, which are leading to supportive operating conditions for Cypriot banks....
https://knews.kathimerini.com.cy/en/news/president-s-silent-pension-raises-eyebrows
Both the President of the Republic and members of Parliament have emphasized the necessity of legislative regulation to put an end to the simultaneous receipt of public employee pensions and salaries by political officials.
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https://knews.kathimerini.com.cy/en/news/21-killed-in-fiery-bus-crash-near-venice
At least 21 people died on Tuesday and 18 were injured after a bus carrying tourists to a campground crashed off an overpass near Venice in northern Italy and caught fire, city officials said....
https://knews.kathimerini.com.cy/en/news/from-sunny-skies-to-rainy-surprises
The day is set to begin with predominantly clear skies, although residents may notice localized areas of increased cloud cover. As the day progresses, especially during the midday hours and beyond, cloud formations are forecasted to develop....
https://knews.kathimerini.com.cy/en/news/president-s-alleged-undeclared-pension-sparks-controversy
The political party AKEL has called for a response from the President of the Republic, Nikos Christodoulides, amid reports suggesting that he has received a pension for eight years, beginning at the age of 45, without proper declaration in his financial affairs....
https://knews.kathimerini.com.cy/en/news/hellenic-train-s-revenue-plummets-after-floods
Italian-owned railway operator Hellenic Train will reportedly seek to renegotiate its contract with the Greek state, sources have indicated, as the company faces massive revenue losses stemming from September’s floods in central Greece....
https://knews.kathimerini.com.cy/en/news/ecb-vp-luis-de-guindos-to-address-inflation-and-monetary-policy-in-cyprus
European Central Bank Vice - President, Luis de Guindos, is scheduled to visit Cyprus on Wednesday, at the invitation of the Governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou....
https://knews.kathimerini.com.cy/en/news/premium-spirits-take-center-stage-at-the-4th-cyprus-cocktail-festival
The 4th Cyprus Cocktail Festival, a part of the Digital Agenda Cyprus Summit, is delighted to announce the participation of the Photos Photiades Group Ltd as one of the primary suppliers at the festival. The event is scheduled for October 17, 2023, at Nicosia's Municipal Garden, starting at 19:00, featuring the premium brand Tanqueray....
https://knews.kathimerini.com.cy/en/news/cyprus-delegation-extends-support-to-armenia-amidst-crisis
A delegation from the House of Representatives of Cyprus, visiting Yerevan during a challenging time for Armenia, expressed support and solidarity to Armenia's leadership. ...
https://knews.kathimerini.com.cy/en/news/finance-ministry-s-new-measures-for-vulnerable-in-the-works
The Finance Ministry is considering new measures to support particularly the vulnerable groups of society amid the continuing pressures from high prices and inflation, Makis Keravnos Minister of Finance said on Monday, adding the measures were in the pipeline irrespective of the rating upgrades by Moody’s and DBRS Morningstar....
https://knews.kathimerini.com.cy/en/business/inflation-fears-and-green-investments
The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...
https://knews.kathimerini.com.cy/en/news/aegean-airlines-expands-winter-routes-for-23-24-season
Aegean Airlines is set to offer its largest-ever route program for the upcoming winter season, introducing 18 new routes to 14 different countries. ...
https://knews.kathimerini.com.cy/en/comment/opinion/real-estate-boom-in-greece-and-cyprus
The real estate landscapes of Greece and Cyprus are undergoing significant transformations, with both nations showcasing promising growth and recovery. However, beneath the surface of these top-line numbers, there are underlying challenges and disparities that need to be addressed....
https://knews.kathimerini.com.cy/en/news/unexpected-earnings-dip-in-2022-at-€2-202
In a surprising turn of events, Cyprus witnessed its first annual drop in monthly earnings after seven prosperous years....
https://knews.kathimerini.com.cy/en/business/moody-s-double-upgrade-ignites-investor-interest
Last Friday, Moody's delivered a double upgrade for Cyprus, propelling the nation into the investment-grade category recognized by all four major financial firms. Although these rankings may appear modest, their real-world impact is substantial....
https://knews.kathimerini.com.cy/en/news/island-braces-for-thunderstorms
The Meteorological Service has issued a yellow warning for today, effective from 10 AM until 6 PM, indicating potential weather disruptions on the horizon....
https://knews.kathimerini.com.cy/en/news/torrential-downpour-hits-nicosia-limassol-highway
On Monday afternoon (2/10), an unexpected heavy shower swept across Cyprus, with torrential rain drenching the city of Nicosia. The downpour resulted in significant water accumulation, particularly along the Nicosia-Limassol motorway, ...
https://knews.kathimerini.com.cy/en/business/€9-5-million-tourism-investment-shaping-paralimni-s-future
In a significant development within the Famagusta province, specifically in the municipality of Paralimni, a noteworthy €9.5 million investment project is currently underway in the tourism sector....
https://knews.kathimerini.com.cy/en/news/electricity-prices-surge-by-3-in-latest-billing-cycle
In a recent development, electricity prices have witnessed a notable uptick, surging by 3% when compared to the preceding month. Christina Papadopoulou, the spokesperson for EAC (the electricity authority), elucidated that a significant portion of this increase, amounting to 1.20%, is earmarked for third-party entities rather than being allocated to AHK....
https://knews.kathimerini.com.cy/en/news/vassos-eliades-at-the-cyprus-cocktail-festival-2023
We are pleased to announce the participation of Vassos Eliades in the 4th Cyprus Cocktail Festival, a signature event of the Digital Agenda Cyprus Summit. ...
https://knews.kathimerini.com.cy/en/news/nobel-prize-honors-pioneers-of-mrna-vaccine-technology
The Nobel Prize in Physiology or Medicine has been awarded to a pair of scientists who developed the technology that led to the mRNA Covid vaccines.
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https://knews.kathimerini.com.cy/en/news/violent-clashes-between-tenants-and-property-owners-as-rents-spike-700
A craftsman in Turkey, who has been diligently paying rent for two decades, now finds himself threatened with eviction due to an unexpected rent increase of nearly 700%. His monthly rent has surged from 3,200 Turkish lira (110 euros) to a staggering 25,000 lira (867 euros)....
https://knews.kathimerini.com.cy/en/news/rory-mcilroy-sparks-europe-s-ryder-cup-victory
Shane Lowry has said that Europe's 2023 Ryder Cup triumph sits right alongside his Open victory at Portrush in 2019....