https://knews.kathimerini.com.cy/en/news/student-hands-out-€15k-at-nicosia-school
Police are investigating an unusual incident at a Nicosia high school where a student brought 15,000 euros in cash and distributed it to classmates, authorities said.
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https://knews.kathimerini.com.cy/en/news/cyprus-israel-power-study-to-conclude-by-early-2025
Subsea surveys for the Cyprus-Greece electricity interconnection project are advancing, with investment developments expected by year-end, ADMIE President and CEO Manos Manousakis announced at the 7th Athens Investment Forum.
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https://knews.kathimerini.com.cy/en/business/hellenic-bank-reports-€284-4m-profit-for-2024
Hellenic Bank reported a profit of €284.4 million for the first nine months of 2024, up from €240.7 million in the same period last year....
https://knews.kathimerini.com.cy/en/news/netanyahu-fires-defense-minister-gallant-amid-growing-political-tensions
Israeli Prime Minister Benjamin Netanyahu has dismissed Defense Minister Yoav Gallant after prolonged disputes on national security and domestic issues, further straining Netanyahu's coalition government....
https://knews.kathimerini.com.cy/en/news/white-house-locks-down-with-fences-and-barricades-ahead-of-election-day
With Americans casting their votes on Tuesday, fears of civil unrest are surging as a razor-thin presidential race between incumbent Donald Trump......
https://knews.kathimerini.com.cy/en/news/cyprus-faces-2024-deadline-to-align-with-eu-regulations-on-foreign-investments
Cyprus faces a deadline by the end of 2024 to align with the European regulation governing large foreign investments....
https://knews.kathimerini.com.cy/en/news/u-s-election-countdown-what-s-at-stake-for-cyprus-and-europe
With the U.S. election just a day away, the world is on edge. This isn’t just a choice between two candidates; it's about the future direction of the United States and how that might echo across the globe, including in Europe and Cyprus....
https://knews.kathimerini.com.cy/en/news/filipino-seafarers-fight-for-equal-pay-in-billion-euro-shipping-industry
In a significant case highlighting wage disparities in the maritime industry, a Filipino seafarer is challenging the unequal pay practices faced by workers from Southeast Asia compared to their European counterparts in the Netherlands....
https://knews.kathimerini.com.cy/en/news/greece-watches-u-s-election-as-it-pursues-defense-autonomy
As the U.S. holds its presidential election, Greece closely monitors the outcome, knowing it will influence the country’s defense and foreign policy ties with Washington. ...
https://knews.kathimerini.com.cy/en/news/cyprus-achieves-record-€4-7-billion-in-exports-continuing-years-long-growth
Minister of Energy, Commerce and Industry George Papanastasiou praised the expanding momentum in the Cypriot export activity, stressing that in 2023 exports rose by an annual 38% continuing their steady rising trend of the past years....
https://knews.kathimerini.com.cy/en/business/cyprus-government-revisits-foreign-investment-control-amid-hospital-takeovers
The foreign investment control (FDI) bill, often referred to as the ''Lonestar'' bill, has resurfaced in Cyprus, prompting fresh discussions about foreign ownership of critical sectors, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini. ...
https://knews.kathimerini.com.cy/en/news/parliament-considers-chemical-castration-for-child-sex-offenders
Cyprus is set to debate a bill that could bring chemical castration as a sentencing option for convicted child sex offenders, according to a report by Pavlos Neophytou 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/news/cypriot-residents-travel-spending-hits-€2-23-billion-in-2023
Total travel spending by Cypriot residents, both within Cyprus and abroad, reached €2.23 billion in 2023, marking an 8.4% increase from 2022....
https://knews.kathimerini.com.cy/en/news/parliament-raises-penalty-points-for-license-suspension
The House of Representatives passed an amendment to the Motor Vehicles and Traffic Law, increasing the threshold for temporary driving license suspension from 12 to 16 penalty points. ...
https://knews.kathimerini.com.cy/en/news/government-announces-new-measures-to-help-vulnerable-households
In a bid to ease energy expenses for vulnerable groups and promote sustainable housing solutions, the Cabinet approved a set of medium-term measures during its meeting on Tuesday, chaired by President Nicos Christodoulides....
https://knews.kathimerini.com.cy/en/news/cyprus-and-us-a-partnership-through-decades-of-change-and-challenge
As President Nikos Christodoulides arrives at the White House today for an anticipated meeting with President Joe Biden, this event represents a defining moment in Cyprus-U.S. relations....
https://knews.kathimerini.com.cy/en/business/cyprus-faces-financial-imbalance-as-assets-fall-short-of-liabilities
As of December 2023, Cyprus' economy is navigating a complex financial landscape, with total assets in financial instruments reaching €869 billion. However, the country also faces a notable financial shortfall, with liabilities exceeding assets by about €29 billion....
https://knews.kathimerini.com.cy/en/comment/opinion/the-loss-of-us-media-credibility
The US elections are highlighting the catastrophic consequences of the long-term devaluation of the country’s ''traditional'' news media....
https://knews.kathimerini.com.cy/en/news/israel-bans-unrwa-restricting-key-aid-services-to-palestinian-refugees
Israel’s parliament has passed legislation to bar the United Nations Relief and Works Agency (UNRWA) from operating within its borders, a move that could drastically impact services for millions of Palestinian refugees living in occupied territories....
https://knews.kathimerini.com.cy/en/news/why-musk-sees-trump-as-america-s-business-fixer
Elon Musk, the high-profile CEO of Tesla and SpaceX, has emerged as a vocal supporter of Republican presidential nominee Donald Trump......
https://knews.kathimerini.com.cy/en/news/new-eu-rules-open-cyprus-s-troubled-loan-market-to-foreign-investors
In a move that could reshape Cyprus's financial landscape, Parliament recently passed a European Directive that makes it easier for foreign investors to buy non-performing loans (NPLs) in the country....
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/business/norway-s-billion-dollar-man-says-americans-just-work-harder-than-europeans
Norway’s ''billion-dollar man'' Nicolai Tangen, who manages Norway’s $1.6 trillion sovereign wealth fund, says America’s success over Europe comes down to one simple factor: Americans work harder....
https://knews.kathimerini.com.cy/en/news/germany-€60-billion-budget-shortfall-rocks-europe-s-largest-economy
Germany’s tax revenues are projected to fall nearly €60 billion short of earlier expectations over the next five years, intensifying budget challenges for Chancellor Olaf Scholz’s government and straining the already fragile three-party coalition....
https://knews.kathimerini.com.cy/en/news/akel-proposes-law-for-euthanasia
According to Kathimerini's Hector Georgiou, last Friday, October 18, 2024, AKEL Deputy Irini Charalambidou held a press conference to outline her proposal for a law titled ''On Medically Assisted Termination of Life.''...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shareholders-moving-at-different-speeds
CarVal Investors recently sold 3% of its 9.09% stake in Bank of Cyprus, sparking speculation that other shareholders may follow suit and sell their shares....
https://knews.kathimerini.com.cy/en/news/are-the-us-elections-turning-into-the-battle-of-the-billionaires
In what seems to be a tit-for-tat move—especially after Elon Musk announced he would donate $1 million a day to registered voters who sign his PAC petition—Microsoft founder Bill Gates has reportedly thrown his support behind Democratic Vice President Kamala Harris in the 2024...