https://knews.kathimerini.com.cy/en/news/phone-ringing-debt-ignored-cyprus-faces-loan-repayment-hurdles
Despite efforts to reduce Non-Performing Loans (NPLs) in Cyprus, the lingering burden continues to weigh heavily on the country's economy and society....
https://knews.kathimerini.com.cy/en/news/cabinet-extends-maternity-leave-to-foster-work-life-balance
In a move aimed at supporting new mothers and promoting work-life balance, Cyprus’ Council of Ministers has given the green light to an increase in maternity leave. ...
https://knews.kathimerini.com.cy/en/news/cyprus-government-achieves-significant-debt-reduction-in-2023
The Cyprus government reported that the island nation ended 2023 with a debt of €22.4 billion, constituting around 99% of the Republic of Cyprus' total debt. This marks a notable reduction of €689 million or 3% from the corresponding period in the previous year....
https://knews.kathimerini.com.cy/en/news/how-does-zero-vat-affect-your-grocery-bills
The Consumer Protection Service is keeping a close eye on how the zero VAT (Value Added Tax) rate impacts prices in stores. They've been checking 88 different products ...
https://knews.kathimerini.com.cy/en/news/tech-execs-return-$3-500-apple-vision-pro-because-of-comfort-complaints
Some early adopters of Apple's much-anticipated Vision Pro mixed reality goggles are already parting ways with the $3,500 device, citing discomfort, usability issues, and even motion sickness....
https://knews.kathimerini.com.cy/en/news/us-sounds-alarm-on-russian-anti-satellite-weapons-threat
Highly sensitive intelligence gathered by the U.S. highlights the emergence of Russian anti-satellite weapons, raising concerns among top government officials.
...
https://knews.kathimerini.com.cy/en/news/why-do-employees-say-no-to-promotions-insights-from-a-global-study
A significant question arises in modern workplaces: why would an employee decline a promotion when they are entirely content with their current role?...
https://knews.kathimerini.com.cy/en/news/meta-removes-iran-leader-s-social-media-accounts-for-breaking-rules
Iran's Supreme Leader, Ayatollah Ali Khamenei, experienced a significant blow to his online presence as Meta, the parent company of Facebook and Instagram, took down his official accounts for violating content policies, according to a report by India Today.
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https://knews.kathimerini.com.cy/en/news/minister-highlights-smallest-resident-population-at-pournara
The outlook for Cyprus in relation to migration is positive, as in 2023 a 46% reduction in irregular migrant applications and a 66% increase in returns have been achieved, Interior Minister Konstantinos Ioannou said on Wednesday....
https://knews.kathimerini.com.cy/en/business/porsche-unleashes-powerhouse-taycan-with-enhanced-performance
Higher, faster, further and coming to Porsche Centres in the spring of 2024....
https://knews.kathimerini.com.cy/en/news/biden-praises-job-growth-declares-us-economy-strongest-in-the-world
President Joe Biden lauded the robust jobs report released on Friday, touting it as evidence of the United States possessing the world's strongest economy....
https://knews.kathimerini.com.cy/en/news/tatar-blasts-greek-cypriot-obstruction-in-energy-talks
Turkish Cypriot leader Ersin Tatar emphasized the importance of energy collaboration with Europe through Turkey during a summit on energy in the Eastern Mediterranean, held at the Turkish Cypriot Chamber of Commerce....
https://knews.kathimerini.com.cy/en/news/china-threatens-to-sever-business-ties-with-iran-over-ship-attacks
Recent diplomatic talks between Chinese and Iranian officials have brought to light China's pressing concern over Houthi attacks on ships in the Red Sea, allegedly backed by Iran....
https://knews.kathimerini.com.cy/en/news/are-british-american-airstrikes-walking-into-a-strategic-snare
In the latest move against Houthi rebel forces in Yemen, British and American airstrikes aim to neutralize a threat to international shipping in the Red Sea....
https://knews.kathimerini.com.cy/en/news/cup-match-halted-after-player-collapse-amidst-firecracker-chaos
In a dramatic turn of events during the cup match at ''Famagusta'' between Nea Salamina and APOEL, the game was abruptly halted, leaving fans and players in disbelief....
https://knews.kathimerini.com.cy/en/news/how-the-consumer-pocket-faces-a-perfect-economic-storm
The uncertainty and the intense upheavals in the global supply chain continue....
https://knews.kathimerini.com.cy/en/news/shell-halts-red-sea-route-amidst-houthi-threats
In a significant move responding to heightened security risks, oil giant Shell has officially opted to suspend the utilization of the Red Sea Route for cargo transport, a decision unveiled through the Wall Street Journal....
https://knews.kathimerini.com.cy/en/news/central-bank-chief-cautions-on-early-rate-cuts-amid-global-tensions
Central Bank Governor and European Central Bank (ECB) member Constantinos Herodotou stated that discussions regarding interest rate reductions are premature, given ongoing geopolitical conflicts and potential disruptions in the supply chain arising from tensions in the Red Sea....
https://knews.kathimerini.com.cy/en/news/police-resolve-mystery-behind-24-year-old-s-brain-injury
Law enforcement authorities have unraveled the mystery surrounding the hospitalization of a 24-year-old man with a brain injury since Sunday (14/01), shedding light on the incident that led to his medical condition....
https://knews.kathimerini.com.cy/en/news/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview
Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....
https://knews.kathimerini.com.cy/en/news/pediatric-hospital-battles-epidemic-surge-in-child-respiratory-cases
Makarios Hospital in Nicosia is grappling with over 95% occupancy, primarily treating children with respiratory infections amid an epidemic that recurs in the child population every three to four years, according to Dr. Avraam Elia, Director of the Pediatric Department....
https://knews.kathimerini.com.cy/en/news/putting-the-new-macan-through-its-paces-in-the-name-of-performance-and-efficiency
Porsche is putting the prototype of the all-electric Macan through an exacting and gruelling test programme to prepare the follow-up to the successful SUV for its upcoming world premiere. ...
https://knews.kathimerini.com.cy/en/news/trump-s-miracle-reshapes-abortion-politics
In a recent Fox News town hall in Des Moines, Iowa, former President Donald Trump proudly claimed credit for the 2022 overturning of Roe v Wade, describing it as a ''miracle.''...
https://knews.kathimerini.com.cy/en/news/children-among-26-migrants-in-famagusta-arrival
In a poignant tale of resilience, 26 irregular migrants from war-torn Syria embarked on a perilous journey that led them to the shores of Cyprus early Monday morning....
https://knews.kathimerini.com.cy/en/news/far-right-and-conservatives-gain-momentum-in-europe
The far-right and conservative parties are gaining strength across Europe, while the possibility of reaching up to 29% of the seats in the European Parliament is visible, explains to "K" Tobias Gerhard Schminke, founder of the platform for collecting electoral data Europe Elects....
https://knews.kathimerini.com.cy/en/news/nations-unite-to-stop-houthi-attacks-on-vessels
In a joint statement, the United States and 12 allied nations delivered a final warning to Houthi rebels, urging them to halt attacks on Red Sea vessels or face potential military intervention....
https://knews.kathimerini.com.cy/en/business/cyprus-grapples-with-lingering-private-debt-woes
In Cyprus, the European Commission consistently highlights the significant economic challenge of private debt through regular post-program or post-memorandum reports....
https://knews.kathimerini.com.cy/en/news/surge-in-syrian-asylum-seekers-amid-drop-in-african-arrivals
The Ministry of Interior disclosed an uptick in asylum applications from Syrians, predominantly arriving by sea, citing challenges in managing these individuals due to the perilous conditions in their home country. ...
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/news/cbc-warns-of-non-performing-loan-surge-amid-economic-challenges
The Central Bank of Cyprus (CBC) issued a warning on Monday, cautioning about the potential influx of non-performing loans (NPLs) driven by high-interest rates and inflation, which are impacting households' disposable income and businesses' profitability....
