https://knews.kathimerini.com.cy/en/news/banks-eye-over-1-billion-euro-profits-in-2023
Cypriot banks, including the Greek bank, are poised to rake in substantial profits for 2023, benefitting from the European Central Bank's interest rate hikes....
https://knews.kathimerini.com.cy/en/business/binance-s-zhao-steps-down-as-ceo
In a significant development for the cryptocurrency world, Changpeng Zhao, better known as CZ, has announced his resignation as the chief executive officer of Binance....
https://knews.kathimerini.com.cy/en/news/mayors-take-on-eco-warriors-in-akamas-showdown
In a heated dispute, the municipalities of Polis Chrysochous and Pegeia are vehemently protesting against the interference of various environmental organizations....
https://knews.kathimerini.com.cy/en/news/hellenic-bank-rakes-in-€240-7m-in-2023-s-first-9-months
Hellenic Bank announced on Tuesday a profit of €240.7 million for the first 9 months of 2023....
https://knews.kathimerini.com.cy/en/business/consumers-asked-to-roll-with-it-as-toilet-paper-surges-and-fresh-fish-takes-a-dive
In October, the cost of toilet paper surged by 17.4% compared to September, while fresh fish prices experienced a corresponding decrease of 17.4%, as per the Consumer Protection Agency's Consumer Price Watch report. ...
https://knews.kathimerini.com.cy/en/news/creditors-dispute-foreclosure-laws-and-strategic-defaults
Creditors reluctantly agree to extend the freeze on main residence foreclosures up to €350k, but tensions arise over proposed legislative changes....
https://knews.kathimerini.com.cy/en/news/house-plenary-votes-on-teleworking-bill-what-s-at-stake
In a decisive move, the House plenary convened this afternoon to cast their votes on a groundbreaking teleworking bill, aiming to establish a robust framework for regulating working conditions in the evolving landscape of remote employment....
https://knews.kathimerini.com.cy/en/news/choosing-between-heating-and-eating
A recently released report from the French charity Secours Catholique underscores the alarming rise in poverty numbers, with a record one million people seeking assistance in 2022, up from 780,000 the previous year. ...
https://knews.kathimerini.com.cy/en/news/local-retreat-offers-healing-haven-for-israeli-massacre-survivors
In the aftermath of the devastating Supernova party massacre in Israel, survivors find solace in a luxurious retreat offered by the Secret Forest Center in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/electronic-ids-set-to-transform-citizen-services
Before the end of the current year, citizens and various professional groups will benefit from the use of electronic identity and electronic signatures in several government services, said Philippos Hadjizacharia, the Deputy Minister of Research, Innovation, and Digital Policy, during his speech at the 19th annual Economist Conference in Nicosia.
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https://knews.kathimerini.com.cy/en/news/minister-unleashes-4-boost-for-retirees
In a significant move to enhance the well-being of pensioners, Labor and Social Insurance Minister Yiannis Panayiotou declared a nearly 4% increase in basic pensions for the upcoming year....
https://knews.kathimerini.com.cy/en/business/deloitte-celebrates-65-years-of-success-in-cyprus
This year marks 65 years of continuous successful presence for Deloitte in Cyprus. The company celebrated 65 years of ''making an impact that matters'' at an event held on 2 November, in the presence of all partners and staff. ...
https://knews.kathimerini.com.cy/en/news/police-force-faces-renewed-criticism-after-recent-tragedies
The debate on the problems in the police force, which was a hot topic in the public sphere last week due to the two fatal attacks that occurred in a short span of time, was reignited on Wednesday, when all the relevant officials, led by the Minister of Justice and Public Order, Anna Koukkidi-Prokopiou and the Chief of Police, Stelios Papatheodorou, met in the Parliament's Institutions Committee....
https://knews.kathimerini.com.cy/en/news/seven-ways-to-boost-cyprus-economy-and-competitiveness
The Cyprus economy needs seven important pillars to respond to the increasingly volatile environment, achieve greater growth, gain a more resilient and competitive economy, and develop innovation and more growth potential, according to PwC CEO Philippos Soseilos....
https://knews.kathimerini.com.cy/en/news/imperial-college-london-aids-in-wildfire-management
Cyprus is benefiting from the expertise of one of the world's leading scientific teams specializing in fire management. Professor Guillermo Rein's team from Imperial College London is currently in Cyprus to share their invaluable knowledge and research on a critical issue for the island: wildfires....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-bracing-for-profit-squeeze-according-to-moody-s
Moody's believes that Cyprus' small and saturated banking sector, the banks' limited loan portfolio, and low fee and commission income will restrict opportunities for growth in domestic banks' activities and profitability in the long term....
https://knews.kathimerini.com.cy/en/news/bhutan-becomes-first-to-100-vaccinate-street-dogs
Many countries have an overwhelming amount of street dogs, but sterilization and vaccination programs are a great way to keep these populations under control....
https://knews.kathimerini.com.cy/en/news/new-4p-a-day-drug-to-benefit-300-000-women-in-fight-against-breast-cancer
A new breast cancer drug will be offered to almost 300,000 women in what has been hailed as a ‘major step forward’ to help fight the illness....
https://knews.kathimerini.com.cy/en/news/central-prison-under-scrutiny-in-kalogeropoulos-murder-investigation
In a harrowing turn of events, the communities of Nicosia and Limassol find themselves on edge following two shocking murders that have left residents and law enforcement agencies deeply unsettled....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-and-hellenic-bank-upgraded-by-fitch
Fitch Ratings has delivered significant upgrades to the two largest Cypriot banks, Bank of Cyprus and Hellenic Bank, signaling a positive turn in Cyprus's economic landscape and a bright outlook for both financial institutions....
https://knews.kathimerini.com.cy/en/news/standing-pods-and-robot-flight-attendants-on-2050-airline-cabins
Artificial intelligence can be brutally honest and play up to stereotypical views - as Irish budget airline Ryanair found out recently....
https://knews.kathimerini.com.cy/en/news/fitch-upgrades-hellenic-s-long-term-rating-to-bb-with-stable-outlook
In a recent announcement, Fitch Ratings raised Hellenic Bank's long-term rating from "BB-" to "BB+" and assigned a stable outlook to the bank. The agency also upgraded the bank's Viability Rating (VR) to "bb+" from "bb-."...
https://knews.kathimerini.com.cy/en/news/schools-kickstart-a-c-installations-in-major-upgrade
The installation of air conditioners in schools is beginning, as announced by Government Spokesman Konstantinos Letibiotis during a regular journalist briefing. ...
https://knews.kathimerini.com.cy/en/business/energy-minister-urges-chevron-to-honor-agreement-for-aphrodite-field-development
Energy Minister George Papanastasiou has issued new communications to Chevron, the operator of the Aphrodite field, from the Parliament ahead of the crucial meeting with Chevron's Chairman, Clay Neff. ...
https://knews.kathimerini.com.cy/en/news/sea-lice-disaster-hits-iceland-s-prominent-salmon-farm
Images of severely diseased, dead and dying salmon at an Icelandic fish farm, obtained by the Guardian, have been described by one veterinary expert as an “animal welfare disaster” on a scale never previously seen....
https://knews.kathimerini.com.cy/en/news/will-czech-republic-embrace-the-euro
Despite being part of the European Union for nearly two decades, the Czech Republic remains staunchly opposed to adopting the euro as its official currency. ...
https://knews.kathimerini.com.cy/en/comment/opinion/tensions-escalate-as-aphrodite-field-negotiations-reach-breaking-point
The final phase of negotiations for the development of the Aphrodite field, led by Chevron's consortium in Block 12 and the Republic of Cyprus, is approaching its deadline, set by Nicosia for the commencement of FEED operations on the upcoming Sunday, November 5....
https://knews.kathimerini.com.cy/en/news/private-labels-dominate-market-as-e-kalathi-falters
Disagreements over the specifics and philosophy of the bill concerning the creation of the e-kalathi electronic platform have led to an ongoing debate in the House Commerce Committee.
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https://knews.kathimerini.com.cy/en/news/the-beatles-now-and-then-surprises-fans-with-a-release
George Harrison originally disliked it; fans had long assumed it would never be released. But the “final” song by the Beatles, Now and Then, is being released at 2pm GMT, an unexpected last flourish for arguably the UK’s greatest band....
https://knews.kathimerini.com.cy/en/news/cabinet-amends-minimum-guaranteed-income-and-social-benefits-laws
The Council of Ministers in Cyprus has recently approved an amendment to the Minimum Guaranteed Income and Social Benefits Laws, signaling a significant change in the country's approach to residency requirements.
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