https://knews.kathimerini.com.cy/en/news/minimum-income-recipients-allegedly-renting-turkish-cypriot-properties-for-pennies
A shocking new controversy has emerged involving recipients of the minimum guaranteed income who are allegedly renting valuable Turkish Cypriot properties for an incredibly low price. ...
https://knews.kathimerini.com.cy/en/news/government-expands-subsidized-electricity-rates-for-vulnerable-households
The Cyprus Electricity Authority (EAC) announced an important update regarding its special household tariff for vulnerable consumers, known as Code 08...
https://knews.kathimerini.com.cy/en/news/cyprus-poised-to-join-u-s-visa-waiver-program-after-key-final-steps
Cyprus is on the verge of joining the U.S. Visa Waiver Program, with just a few minor issues remaining to be addressed, according to a report by Dorita Yiannakou....
https://knews.kathimerini.com.cy/en/business/cyprus-receives-major-credit-rating-boost-from-moody-s
Last Friday, Moody’s delivered a major endorsement of Cyprus’ economic progress, upgrading its credit rating by two notches, from Baa2 to A3, with a stable outlook, according to a report by Panayiotis Rougalas. ...
https://knews.kathimerini.com.cy/en/comment/opinion/limassol-s-growth-deserves-equal-support
Who is driving development projects in Limassol, and how far have they progressed? Who decides how state development funds are allocated, and based on what criteria?...
https://knews.kathimerini.com.cy/en/news/schinas-slams-two-state-solution-as-delusion-with-no-european-support
In a speech before the European Parliament, outgoing European Commission Vice President Margaritis Schinas delivered a firm message regarding the Cyprus problem, emphasizing that any hopes of resolving the issue through a two-state solution are misguided....
https://knews.kathimerini.com.cy/en/comment/opinion/geoeconomic-tensions-and-cyprus-staying-the-course-amid-challenges-ahead
Geoeconomic fragmentation, the reversal of progress towards global economic and financial integration due to political and military conflict and strategic policy decisions, is rising....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-closer-to-nato-talks-begin-on-permanent-u-s-military-presence
According to an article written by Lena Argyris, Cyprus is strategically positioning itself for a potential future membership in NATO,...
https://knews.kathimerini.com.cy/en/news/opening-doors-to-the-american-dream-u-s-hosts-ncaa-event-for-cypriot-families
When people talk about the growing U.S. presence in Cyprus, the conversation often turns to big-picture topics—defense programs like Cyclops, humanitarian aid for Gaza, or strategic partnerships....
https://knews.kathimerini.com.cy/en/news/pronomia-scheme-travel-benefits-for-125-lucky-contestants
The countdown to Christmas has begun, and Bank of Cyprus is getting its customers in the festive mood, in a special way. The ‘pronomia’ loyalty scheme will give 125 lucky winners the chance to travel and enjoy new, unique experiences....
https://knews.kathimerini.com.cy/en/news/cyprus-reunification-off-the-table-says-former-u-s-ambassador-warns-europe-not-to-rely-on-u-s
A statesman, a diplomat, and a patriot, John Koenig is the epitome of dedication to service and diplomacy. With a career spanning over three decades, he has served in pivotal roles across the globe, from his time as U.S. Ambassador to Cyprus from 2012 to 2015 to his earlier postings in Belgium, Greece, Indonesia, Italy, and the Philippines.
...
https://knews.kathimerini.com.cy/en/business/the-guardian-quits-x-citing-toxic-platform-and-musk-s-trump-ties
The British newspaper group The Guardian has decided to stop posting on X, formerly known as Twitter, citing concerns over what it describes as a ''toxic media platform.''...
https://knews.kathimerini.com.cy/en/business/yet-another-contractor-get-axed-over-major-project-delays
Cyprus’s Ministry of the Interior has terminated the employment of the engineer and contractor for the Liopetri Fishing Shelter and River Restoration Project due to long-standing delays and unmet contractual obligations, according to an announcement by the ministry....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-reports-€401-million-profit-surge
In the latest financial report, Bank of Cyprus has reported a solid profit of €401 million for the first nine months of 2024—a 15% jump from last year’s €349 million. ...
https://knews.kathimerini.com.cy/en/news/boc-finalizes-sale-of-troubled-loans-to-boost-stability-and-growth
In September 2024, the Bank of Cyprus reached a deal with funds linked to Cerberus Global Investments B.V. to sell a portfolio of non-performing loans—primarily business loans backed by collateral. ...
https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-drops-by-€1-18-billion-as-imports-and-exports-decline
Cyprus’ trade deficit dropped significantly by 17.4%, or €1.18 billion, in the first nine months of the year compared to the same period in 2023, according to provisional data from the Statistical Service of Cyprus (Cystat). ...
https://knews.kathimerini.com.cy/en/news/new-eu-tariffs-on-chinese-evs-slow-cyprus-shift-to-electric-cars
The European Union's new tariffs on electric vehicles (EVs) imported from China, reaching as high as 35.3%, are expected to significantly impact Cyprus' already slow-moving EV market, according to a report by Kathimerini's Dorita Yiannakou....
https://knews.kathimerini.com.cy/en/news/larnaca-and-paphos-airports-to-handle-17-5-million-passengers-annually
The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......
https://knews.kathimerini.com.cy/en/news/at-the-doorstep-of-mica-what-to-expect-as-crypto-regulation-takes-shape
The European Union's (EU) regulatory framework for cryptocurrencies and digital assets is envisioned to be shaped by the game changer, Markets in Crypto-Assets (MiCA) regulation. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-real-estate-market-falters-as-october-sales-drop-6
With just two months left in the year, October has shown that, despite some resilience, the market remains unable to inspire optimism. Economic indicators for the average household have not sparked an uptick in investment interest, and the ongoing geopolitical instability is growing....
https://knews.kathimerini.com.cy/en/news/cyprus-shifts-westward-with-historic-white-house-meeting
President Nicos Christodoulides recently met with U.S. President Joe Biden in a historic visit to the White House, marking a new chapter in Cyprus’ foreign policy as it turns toward the West, according to a report by Yiannis Ioannou in this Sunday's Kathimerini....
https://knews.kathimerini.com.cy/en/news/cyprus-repays-over-€1b-in-debt-easing-financial-strain
Cyprus made strides in paying down its debt in the second quarter of 2024, settling over €1 billion in bonds and loans....
https://knews.kathimerini.com.cy/en/news/ai-holds-key-to-curing-social-ills-inequality
Artificial intelligence has the potential to eliminate diseases, lift billions out of poverty, combat depression, and tackle social issues....
https://knews.kathimerini.com.cy/en/news/new-york-achieves-solar-power-milestone-a-year-early
New York has reached its target of 6 gigawatts of solar power one year ahead of its 2025 goal, state officials announced recently. ...
https://knews.kathimerini.com.cy/en/comment/opinion/how-cyprus-us-ties-reflect-a-new-era-of-strategic-partnership
The power of imagery may have, in some cases, overshadowed the invitation to the Oval Office, but Cypriot President Nikos Christodoulides’ meeting with outgoing U.S. President Joseph Biden was nonetheless substantive. ...
https://knews.kathimerini.com.cy/en/news/1-turkey-slams-christodoulides-biden-meeting-as-diplomatic-defeat
The Turkish opposition labeled the meeting between Cyprus President Nicos Christodoulides and U.S. President Joe Biden on Wednesday as a major setback for Turkish diplomacy, claiming it offered Greece and Cyprus an upper hand in regional affairs....
https://knews.kathimerini.com.cy/en/business/cyprus-plans-€10-000-cash-limit-to-fight-money-laundering
According to Kathimerini's Pavlos Neophytou, the Cyprus government is considering a new law to cap cash transactions at €10,000 for buying goods and services, aiming to crack down on money laundering. ...
https://knews.kathimerini.com.cy/en/news/no-immediate-ban-on-fuel-cars-in-nicosia-s-center-ministry-clarifies
Social media buzzed with debate after Transport Minister Alexis Vafeades hinted at a potential ban on conventional-fuel vehicles in parts of Nicosia’s city center....
https://knews.kathimerini.com.cy/en/news/eu-pushing-for-economic-ties-with-turkey-but-where-does-that-leave-cyprus
According to Kathimerini's Pavlos Xanthoulis, Brussels and Berlin are working to upgrade the Turkish Customs Union, viewing it as a pathway to strengthen economic ties with Turkey. ...
https://knews.kathimerini.com.cy/en/news/the-new-era-of-accounting-services-a-complete-solution-for-cfos
Comprehensive Solutions for CFOs in the Modern Accounting Landscape, in the fast-paced business world of today, strategic financial management has become increasingly critical....
