https://knews.kathimerini.com.cy/en/business/middle-east-turmoil-shifts-energy-and-diplomatic-priorities
The tumultuous situation in the Middle East, prompted by Hamas's aggressive attack on Israel and Tel Aviv's military response, is reshaping the priorities of the Netanyahu government and the balance in the South-Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/business/ecb-keeps-watchful-eye-on-non-performing-loans
The European Central Bank (ECB) is closely monitoring non-performing loans (NPLs) and related legislation, including the divestment framework. ...
https://knews.kathimerini.com.cy/en/news/ai-enhancing-work-life-balance-100-year-careers
JPMorgan CEO Jamie Dimon is shaking off doomsday predictions about what AI means for humanity — instead laying out how he sees the technology vastly improving businesses and the work-life balance of their employees....
https://knews.kathimerini.com.cy/en/news/world-s-dogs-considering-vegan-diet-for-a-greener-planet
If all the world’s dogs went vegan it would save more greenhouse gas emissions than those produced by the UK, according to research advocating the environmental benefits of plant-based pets....
https://knews.kathimerini.com.cy/en/business/ecb-vp-says-interest-rate-cuts-premature
In an interview with CNA, Louis de Guindos, Vice President of the European Central Bank, expressed that discussions regarding interest rate cuts are premature....
https://knews.kathimerini.com.cy/en/news/cavaway-a-member-of-the-alexandrion-group-at-the-cyprus-cocktail-festival-2023
The 4th Cyprus Cocktail Festival, a part of the Digital Agenda Cyprus Summit, is delighted to announce Cavaway's presence, a member of the Alexandrion Group, as one of the key suppliers at the festival. The event will be held on October 17, 2023, at the Nicosia Municipal Garden, starting at 19:00, showcasing the premium brands Kreskova Vodka and Black Tears Dry Spiced Rum....
https://knews.kathimerini.com.cy/en/news/7-631-arrivals-vs-6-987-deportations-in-2023
From January to September 2023, 7,631 irregular migrants arrived in Cyprus, while in the same period, 6,987 were deported or returned voluntarily to their countries, according to information from the Ministry of the Interior....
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/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/new-deputy-gov-t-spokesman-embraces-role-s-demands-including-long-hours
Yiannis Antoniou, the newly appointed deputy government spokesman, assured that there would be no question of overtime in his role, recognizing the demanding hours the position entails....
https://knews.kathimerini.com.cy/en/news/loans-gain-€8-5-million-momentum
Total loans in August recorded a net increase of €8.5 million, following a significant decrease of €100 million the previous month. Meanwhile, for a second consecutive month, deposits saw a net decrease, amounting to €175.5 million....
https://knews.kathimerini.com.cy/en/news/2024-budget-points-to-surplus-and-debt-reduction
The 2024 budget reflects the clear imprint of our policy priorities, President of the Republic Nikos Christodoulides says in a written statement, adding that the fiscal balance for 2024 is estimated to be surplus, reaching 2.2% of GDP, while the medium-term goal, by 2026, is to reduce public debt to 60%....
https://knews.kathimerini.com.cy/en/news/president-biden-stands-with-striking-autoworkers-demanding-40-pay-raise
President Joe Biden on Tuesday joined a picket line with striking autoworkers in Michigan, supporting their call for a 40% pay raise and saying they deserve a "lot more" than they are getting....
https://knews.kathimerini.com.cy/en/news/cyprus-photovoltaics-for-all-cuts-electricity-costs-by-50
In a bold move to expedite the transition to green energy, the Ministry of Energy is gearing up to unveil a groundbreaking solar energy production initiative that promises to reshape the balance between conventional and green energy sources....
https://knews.kathimerini.com.cy/en/news/liquidity-cover-hits-318-in-banking
Konstantinos Herodotou, the Governor of the Central Bank of Cyprus, delivered a robust message at the TechIsland conference in Limassol....
https://knews.kathimerini.com.cy/en/comment/opinion/how-cyprus-s-abstention-shook-us-trust-and-diplomacy
The release of secret documents, usually from the US and Britain, a few years later, sheds light on important moments in history....
https://knews.kathimerini.com.cy/en/news/us-anti-corruption-chief-shines-spotlight-on-cyprus
Richard Nephew, the Coordinator on Global Anti-Corruption at the US State Department, emphasized the severe consequences of corruption on economies and international investments during his visit to Cyprus....
https://knews.kathimerini.com.cy/en/business/weight-loss-drug-ozempic-transforms-denmark-s-economy
Massive demand for diabetes and weight loss drugs made by Danish pharmaceutical group Novo Nordisk has turned it into Europe's most valuable company, giving Denmark's economy a major makeover....
https://knews.kathimerini.com.cy/en/news/venice-to-charge-€5-entry-fee-to-tackle-over-tourism
Venice will become the first city in the world to charge day-trippers an entry fee in a determined bid to curb mass tourism, its tourism chief announced yesterday....
https://knews.kathimerini.com.cy/en/news/in-a-historic-first-asylum-applications-drop-by-51
Interior Minister Konstantinos Ioannou announced today that, for the first time in Cyprus' immigrant history, there has been a shift in the balance between migrant arrivals and departures....
https://knews.kathimerini.com.cy/en/news/gov-t-embraces-flexible-work-for-public-servants
The Council of Ministers, in its meeting on August 30, 2023, greenlit a policy framework aimed at regulating flexible employment within the public service. This initiative aligns with the implementation of the Recovery and Resilience Plan 2021-2026....
https://knews.kathimerini.com.cy/en/news/have-the-recent-events-in-pyla-affected-the-town-s-residents
Last week's events at Pyla, involving an attack by Turkish Cypriots and settlers on personnel and vehicles of UNFICYP, in relation to the construction of the Pyla road and the occupied village of Arsous in Larnaca,...
https://knews.kathimerini.com.cy/en/news/cyprus-airways-records-a-70-surge-in-passenger-numbers
Cyprus Airways announced on Monday that in July 2023 it carried 77,656 passengers, which is 70% more passengers than carried during July 2022....
https://knews.kathimerini.com.cy/en/comment/opinion/the-deafening-silence-of-the-forests
Bass Rock is an island not too far off the coast of Scotland, east of Edinburgh. It is home to the largest northern gannet (Morus bassanus) colony in the world, hosting nearly 75,000 couples each year....
https://knews.kathimerini.com.cy/en/news/eu-s-solar-climb-to-2030-green-triumph
The rapid expansion of solar power is propelling most EU countries toward achieving their 2030 renewable energy goals ahead of schedule, according to new data. This development is boosting optimism in global emission reduction efforts....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-deceleration-amid-inflation-and-rising-rates
Cyprus' economy experienced a slowdown in the second quarter of 2023, prompting inquiries about the situation. According to the preliminary estimate provided by the Statistical Service, ...
https://knews.kathimerini.com.cy/en/news/bank-of-ireland-glitch-turns-no-funds-into-a-cash-fiesta
Bank of Ireland is facing a crisis after thousands of customers descended on ATMs yesterday evening attempting to take advantage of a major IT glitch....
https://knews.kathimerini.com.cy/en/comment/opinion/media-s-credibility-challenged-amidst-political-allegations
I'm interested in a proper investigation of the Kanari - Giannaki dispute, not who's right or wrong....
https://knews.kathimerini.com.cy/en/news/russia-implements-bold-rate-hike-amidst-economic-challenges
Russia's central bank took swift action today, increasing its key interest rate by 350 basis points from 8.5 percent to 12 percent. This urgent move aimed to counteract the recent decline of the ruble, which was triggered by the Kremlin's call for stricter monetary policy....
