https://knews.kathimerini.com.cy/en/news/half-of-cyprus-loans-vulnerable-to-euribor-and-ecb-rates
Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....
https://knews.kathimerini.com.cy/en/business/cyprus-linked-to-magnitsky-case-through-luxury-hotel-investment
The international organization OCCRP, specializing in organized crime and corruption, has once again implicated Cyprus in investment cases related to the luxury hotel Cap St Georges in Peyia. The connection ties back to the infamous Magnitsky case, a high-profile tax fraud scandal in Russia....
https://knews.kathimerini.com.cy/en/news/president-launches-state-sponsored-arts-opportunities-for-youth
President Nikos Christodoulides announced the initiation of the much-anticipated youth culture card, marking a significant step towards supporting the arts and engaging young minds in the cultural richness of Cyprus.
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https://knews.kathimerini.com.cy/en/business/us-led-naval-coalition-forms-to-protect-red-sea-shipping-routes
In response to a surge in attacks by Iran-backed Houthi rebels on commercial shipping, the United States, along with more than half a dozen allies, has launched Operation Prosperity Guardian, a reinforced naval task force in the Red Sea, according to a report in the Financial Times....
https://knews.kathimerini.com.cy/en/news/uk-and-cyprus-to-strengthen-global-collaboration
The UK Foreign, Commonwealth and Development Office Director General for Europe, Peter Wilson and the Republic of Cyprus Ministry of Foreign Affairs Permanent Secretary, Kyriacos Kouros chaired the first annual review of the UK-Cyprus Memorandum of Understanding....
https://knews.kathimerini.com.cy/en/news/new-cameras-boost-road-safety-in-larnaca
In Larnaca province, the photo-marking system is now operational, featuring 18 fixed devices across six locations, starting from December 15, 2023....
https://knews.kathimerini.com.cy/en/news/us-sanctions-hit-four-cyprus-entities-tied-to-russian-defense
In a strategic move, the United States Treasury Department has unveiled a targeted set of sanctions aimed at four legal entities associated with Cyprus....
https://knews.kathimerini.com.cy/en/news/chinese-elite-move-billions-abroad-in-economic-shift
In a remarkable shift this year, affluent Chinese have moved hundreds of billions of dollars out of the country, capitalizing on the end of COVID precautions that had tightly sealed China's borders for nearly three years....
https://knews.kathimerini.com.cy/en/news/boc-revitalizes-former-orphanides-building-in-2026
Thoughts from the past year and a half are taking concrete form for the Bank of Cyprus, particularly concerning its plans for the creation of a new central headquarters (BOC Headquarters - Q H)....
https://knews.kathimerini.com.cy/en/news/balcony-collapse-shakes-limassol
In the early hours of the morning, a residential block on Nafpliou Street in Limassol was thrust into chaos as balconies on multiple floors of an apartment building gave way. ...
https://knews.kathimerini.com.cy/en/business/makarios-avenue-struggles-to-fulfill-commercial-expectations
Two years after the official opening of Makarios Avenue (8 December 2021), the commercial success of the street has fallen short of expectations,...
https://knews.kathimerini.com.cy/en/business/1-astrobank-residential-and-commercial-properties-for-sale
AstroBank is selling residential and commercial properties in various areas of Cyprus such as Larnaca, Paphos and Nicosia....
https://knews.kathimerini.com.cy/en/news/heavy-rain-hits-kornos-underpass-bridge-shuts-down
The Kornos underpass bridge faced another bout of flooding, leading authorities to close it for traffic due to heavy rainfall....
https://knews.kathimerini.com.cy/en/news/billionaires-choose-abu-dhabi-as-global-wealth-safe-haven
In a surprising trend, billionaires including Zhao Changpeng, the Adani family, Ray Dalio, and Vladimir Lisin are flocking to Abu Dhabi's international financial center, establishing special purpose vehicles (SPVs) to safeguard their fortunes....
https://knews.kathimerini.com.cy/en/news/farmers-rally-at-presidential-palace-over-subsidies
In a dramatic turn of events today, potato and wheat farmers engaged in clashes with the police during their protest outside the Presidential Palace....
https://knews.kathimerini.com.cy/en/business/is-the-digital-euro-the-ecb-s-game-changer-or-a-banks-ally
The digital euro would not be a threat to the role of banks as financial intermediaries, Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) and ECB Governing Council member, has said, stressing that the digital euro will be issued and guaranteed by the ECB and not at the level of the member state....
https://knews.kathimerini.com.cy/en/news/leaders-meet-amidst-un-envoy-appointment
President Christodoulides and Turkish Cypriot leader Ersin Tatar met under new circumstances, following developments in the appointment of the UN Secretary General's Special Envoy for Cyprus....
https://knews.kathimerini.com.cy/en/news/postal-workers-strike-over-burnout-and-job-insecurity
In a decisive move, 300 members of the Branch Council of Postal Distributors, part of the Pancyprian union "Equality," launched a strike today, set to last until Friday....
https://knews.kathimerini.com.cy/en/news/cyprus-welcomes-historic-visit-from-iraqi-president
In a historic meeting at the Presidential Palace, President Nicos Christodoulides of the Republic of Cyprus welcomed President Abdul Latif Jamal Rashid of Iraq, who is on an official visit to Cyprus....
https://knews.kathimerini.com.cy/en/news/government-employment-hits-record-high
In ongoing discussions about new hires and the 2024 budget in Parliament, the focus is on the remarkable increase in government employment, surpassing levels from 2012....
https://knews.kathimerini.com.cy/en/business/porsche-driving-the-dream
How did it all begin? With a phone call. Because when Porsche invites you to live the dream, you can only say yes. And becoming a member of a team with creative individuals from different European countries to experience an unforgettable two-day Porsche adventure, full of adrenaline and unique moments, is a life experience you will have to tell forever......
https://knews.kathimerini.com.cy/en/news/israelis-alarmed-at-security-hole-in-occupied-territories
Benjamin Netanyahu's announcement, following Kathimerini's revelation that the Cyprus Intelligence Service prevented a strike against Israelis by arresting two Iranians linked to the Iranian Revolutionary Guards, ...
https://knews.kathimerini.com.cy/en/news/planned-attack-against-jews-in-cyprus-thwarted
The Cypriot police arrested two Iranians last month, alleging their connection to the Iranian Revolutionary Guards of Iran (IRGC), targeting Jewish citizens in Cyprus....
https://knews.kathimerini.com.cy/en/news/stylianou-s-pledge-to-battle-cancer-alone-at-man-of-the-year-awards
In a testament to resilience and the strength found in adversity, Petros Stylianou triumphed over a challenging bout with cancer, reshaping his life's purpose to champion those facing a similar ordeal....
https://knews.kathimerini.com.cy/en/news/meet-man-of-the-year-alex-michaelides
The renowned Greek Cypriot author, Alex Michaelides, was honored with the Man of the Year and International Cypriot awards at the 22nd Bank of Cyprus Man of the Year Awards 2023 ceremony on December 7....
https://knews.kathimerini.com.cy/en/news/severe-weather-sparks-flooding-and-power-outages-in-paphos
In a turbulent turn of events, Cyprus finds itself in the grip of unruly weather as confirmed by the meteorological service....
https://knews.kathimerini.com.cy/en/life/terra-santa-school-embraces-love-and-giving-for-volunteer-day
In the spirit of the season, Larnaca is gearing up for a lively celebration, complete with a temporary traffic cut-off to make way for the joyous festivities....
https://knews.kathimerini.com.cy/en/news/president-s-birthday-surprise-at-man-of-the-year
The 22nd annual "BANK OF CYPRUS Man of the Year Awards" took place today, Thursday, December 7, at The Royal Hall in Nicosia. Elena Paparizou entertained the guests, while a big surprise awaited the President of the Republic....
https://knews.kathimerini.com.cy/en/business/december-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/taylor-swift-makes-history-as-time-s-two-time-person-of-the-year-2023
In a historic achievement, Taylor Swift has been named TIME's Person of the Year for 2023, marking her second appearance on the prestigious cover since 2017. ...
