https://knews.kathimerini.com.cy/en/news/cyprus-sees-higher-borrowing-costs-lower-deposit-rates-in-july
Interest rates on consumer loans and mortgages in Cyprus increased in July, according to the Central Bank of Cyprus (CBC). The rate for consumer credit climbed to 6.67% from 6.18% in June, while the rate for home loans rose to 4.59% from 4.52%....
https://knews.kathimerini.com.cy/en/news/cyprus-greece-break-deadlock-crete-cyprus-power-link
Officials from Cyprus and Greece have reached an agreement in principle to resolve the impasse over the Crete-Cyprus electricity interconnection project....
https://knews.kathimerini.com.cy/en/news/u-s-seizes-venezuelan-president-maduro-s-private-jet
The United States has seized a plane used by Venezuelan President Nicolás Maduro, citing violations of U.S. sanctions and other criminal activities....
https://knews.kathimerini.com.cy/en/news/cyprus-warns-of-severe-water-shortages-due-to-climate-change
Cyprus is sounding the alarm about the growing threat of water shortages in the Mediterranean region due to climate change. At a major meeting on Tuesday, Agriculture Minister Maria Panayiotou stressed that the country is a prime example of how serious the problem has become....
https://knews.kathimerini.com.cy/en/news/cyprus-crete-energy-link-faces-collapse-amid-political-turmoil
The Cyprus-Crete electricity interconnection project, a critical initiative to integrate Cyprus into the European energy grid, is mired in political and economic controversy, threatening its future. ...
https://knews.kathimerini.com.cy/en/news/clouds-and-thunderstorms-brew-after-yesterday-s-refreshing-rains
After yesterday's refreshing rains in parts of the country, things are heating up again!...
https://knews.kathimerini.com.cy/en/news/back-to-school-shopping-spikes-as-prices-fluctuate
in an article written by Kathimerini's Anna Polyviou, back-to-school shopping is in full swing with the new school year just around the corner. Consumers scramble to buy essentials like clothing, footwear, stationery, and school bags, taking advantage of a wide variety of products and offers to suit their needs and budgets....
https://knews.kathimerini.com.cy/en/business/cyprus-powers-up-for-a-last-minute-save
Nicosia has requested more time at the political level to keep the Cyprus-Crete electricity interconnection project on track, following a dispute over €100 million in project cost recovery....
https://knews.kathimerini.com.cy/en/news/olympion-in-cyprus-joins-leading-k12-education-group-globeducate
Globeducate announces the acquisition of Education Group OLYMPION School (Εκπαιδευτικός Όμιλος ΟΛΥΜΠΙΟΝ) near Nicosia in Cyprus, a group of Greek private schools with nearly 450 pupils aged 6 to 18 across Gymnasium, Lyceum and, from September 2024, Elementary stages....
https://knews.kathimerini.com.cy/en/news/israel-faces-mass-strike-amid-anger-over-hostage-deaths
A general strike threatened to shut down much of Israel on Monday as public anger erupted over the killing of six hostages in Gaza and frustration grew with Prime Minister Benjamin Netanyahu’s handling of the ongoing conflict with Hamas....
https://knews.kathimerini.com.cy/en/news/hvaldimir-norway-s-famous-beluga-whale-found-dead
Hvaldimir, the well-known beluga whale in Norway, has been found dead, according to conservationists. Hvaldimir first gained attention in 2019 when he was spotted with a harness...
https://knews.kathimerini.com.cy/en/business/hellenic-bank-s-profits-surge-amid-higher-lending-rates
Hellenic Bank, Cyprus’ second-largest lender, has had a strong start to 2024, reporting a net profit of €189 million in the first half of the year—a solid 18% increase from last year. This boost in profit is mainly due to a 30% rise in interest income, driven by higher European Central Bank (ECB) interest rates....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-illusion-of-prosperity-as-unemployment-numbers-mask-realities
In its analysis, the Central Bank of Cyprus notes that in the first quarter of 2024, unemployment fell to 6%, the lowest level since 2009....
https://knews.kathimerini.com.cy/en/news/lioness-saved-from-ukraine-s-war-begins-new-life-in-england
A lioness rescued from war-torn Ukraine has taken her first steps outside at The Big Cat Sanctuary in Kent. Three-year-old Yuna, who suffers from shell shock, arrived at the sanctuary in Smarden on August 17 and remained inside her enclosure for a week....
https://knews.kathimerini.com.cy/en/news/fire-risk-escalates-as-winds-reach-up-to-6-beaufort
The Forestry Department of the Ministry of Agriculture, Rural Development, and Environment has issued a warning about the heightened risk of forest fires due to very strong winds expected from Friday through Sunday....
https://knews.kathimerini.com.cy/en/news/iosif-kesidis-wins-gold-for-cyprus-at-u20-world-athletics-championships
Cypriot hammer throw athlete Iosif Kesidis secured on Thursday the Gold Medal in the U20 World Athletics Championships, taking place in Lima, Peru....
https://knews.kathimerini.com.cy/en/news/israeli-airstrike-on-gaza-aid-convoy-kills-5-transport-employees
The Israel Defense Forces (IDF) carried out an airstrike on a humanitarian aid convoy in Gaza, claiming it targeted "armed assailants" attempting to hijack the convoy....
https://knews.kathimerini.com.cy/en/news/turkey-s-fidan-pushes-equal-sovereignty-for-cyprus-at-eu-talks
Turkish Foreign Minister Hakan Fidan’s initial intervention during the informal summit of the Foreign Ministers of the EU in Brussels, on Thursday, was made without reference to the Cyprus problem, according to diplomatic sources....
https://knews.kathimerini.com.cy/en/news/god-wants-me-to-save-the-world-trump-says-after-shooting
Former President Donald Trump stated that God spared him from an assassination attempt last month, suggesting that he was saved to rescue the United States......
https://knews.kathimerini.com.cy/en/news/cyprus-follows-germany-s-lead-on-refugee-returns-to-syria
A recent Islamist terror attack in Solingen, which left three people dead, is prompting a reevaluation of Germany's migration policies ahead of upcoming national elections....
https://knews.kathimerini.com.cy/en/news/energy-minister-and-finance-minister-clash-over-cyprus-energy-future
The Republic of Cyprus is at a critical juncture in its energy sector as multiple projects face delays and uncertainty, raising concerns about the country's future energy security and international relations....
https://knews.kathimerini.com.cy/en/news/greek-turkish-ministers-meet-ahead-of-un-talks
Greek Foreign Minister George Gerapetritis will meet with his Turkish counterpart Hakan Fidan on Thursday, on the sidelines of the informal meeting of EU Foreign Ministers in Brussels.
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https://knews.kathimerini.com.cy/en/news/winds-and-showers-expected-this-weekend
A seasonal low-pressure system is affecting Cyprus, leading to variable weather conditions in the coming days, including occasional strong winds....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-report-€164-7-million-deposit-increase-in-july
Total deposits in Cyprus’ banks recorded a net increase of €164.7 million in July 2024, compared with a net decrease of €44.1 million in June 2024, according to figures released on Wednesday by the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-to-engage-with-top-investors-in-london
The investment community is turning its focus to a major conference in London, set for late September, where several Cypriot banks will be represented....
https://knews.kathimerini.com.cy/en/news/israel-launches-major-military-operation-in-west-bank-9-dead
Israel initiated a significant military operation early Wednesday targeting multiple areas in the northern occupied West Bank....
https://knews.kathimerini.com.cy/en/news/biden-approved-$230m-temporary-pier-for-gaza-aid
President Joe Biden ordered the construction of a temporary pier to deliver humanitarian aid to Gaza earlier this year......
https://knews.kathimerini.com.cy/en/news/deadly-mosquito-borne-triple-e-virus-found-in-the-us-for-first-time-since-2020
Massachusetts has reported its first human case of Eastern Equine Encephalitis, or "Triple E," since 2020, marking another instance of the mosquito-borne illness in the United States this year....
https://knews.kathimerini.com.cy/en/news/aphrodite-field-consortium-updates-plan-amid-cypriot-energy-dispute
Partners of the consortium for the “Aphrodite” gas field in block 12 of the Cypriot Exclusive Economic Zone said they intend to submit in the coming days to the Cypriot government for approval an “updated development plan”, on the basis of the previous development and production plan, as approved by the government, following a notice for breach of contract sent by the Cypriot Minister of Energy....
https://knews.kathimerini.com.cy/en/business/8-real-estate-investment-opportunities-by-astrobank
AstroBank is selling an unfinished commercial building in Strovolos and other commercial, residential and agricultural properties that are ideal investment opportunities in Nicosia, Famagusta, and Paphos....
