https://knews.kathimerini.com.cy/en/news/british-cypriot-to-challenge-london-mayor-incumbent
We seek the urgent solution to the Cyprus problem and the full, equal and meaningful participation of women at all levels of the negotiation process......
https://knews.kathimerini.com.cy/en/news/macron-declares-europe-is-mortal-calls-for-unity
The 27-country bloc needs to urgently rethink its defence and economic models to not fall behind its rivals, the French leader said.
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https://knews.kathimerini.com.cy/en/news/cyprus-reports-€133-1-million-increase-in-march-loans
In March, both total deposits and loans saw an upward trend, with liquidity (the difference between loans and deposits) exceeding €27 billion, according to statistics on deposits and loans from Monetary Financial Institutions published today by the Central Bank of Cyprus.
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https://knews.kathimerini.com.cy/en/news/eurobank-set-to-dominate-cyprus-insurance-scene-with-hellenic-stake
As Eurobank eagerly anticipates the green light from regulatory bodies such as the European Central Bank, the Central Bank of Cyprus, and the Companies Registrar for its acquisition of 55% ownership......
https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-sets-interest-rate-limit-at-11-42
The Central Bank of Cyprus determined the reference interest rate to be 11.42%, exercising its powers under article 314A of the Cyprus Penal Code, Cap.154, and in accordance with the provisions of the said article....
https://knews.kathimerini.com.cy/en/news/mckinsey-leaders-convene-at-green-agenda-cyprus-summit
Georgios D. Tsopelas embarked on his McKinsey journey in London back in 1994, blazing a trail that led to the establishment of the Athens office in 2000. ...
https://knews.kathimerini.com.cy/en/business/brilliant-presentation-of-the-new-all-electric-porsche-taycan
In life, we experience moments full of magic....
https://knews.kathimerini.com.cy/en/news/horse-covered-in-blood-bolts-through-central-london
Central London was thrown into chaos today as a horse, spooked during a routine training exercise, bolted through the streets, triggering a dramatic stampede that left five people injured and several vehicles damaged.
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https://knews.kathimerini.com.cy/en/news/nominations-underway-for-june-european-elections
Nominations for the June European elections are being submitted today from 8:30 a.m. to 12:30 p.m. at the General Election Commissioner, located at the "Filoxenia" Conference Centre....
https://knews.kathimerini.com.cy/en/news/un-envoy-sparks-eu-turkey-clash-with-crucial-20-day-mission
The upcoming 20-day stretch, commencing this Thursday, holds immense significance in the ongoing efforts to break the deadlock in Cyprus....
https://knews.kathimerini.com.cy/en/news/agreement-reached-on-foreign-worker-policy
In a significant development, all social partners have come to an agreement regarding the participation of foreign workers in Cyprus' labor market. Labour and Social Partners Minister Yannis Panagiotou announced the breakthrough, highlighting the importance of cooperation among stakeholders in addressing challenges facing the job market....
https://knews.kathimerini.com.cy/en/news/cypriot-banks-predicted-to-surpass-€1-2-billion-profits-in-2024
In a landmark year, Cypriot banks soared to unprecedented heights, boasting profits exceeding €1.1 billion in 2023....
https://knews.kathimerini.com.cy/en/news/tehran-avoids-escalating-conflict-with-israel
Explosions echoed over an Iranian city on Friday in what sources described as an Israeli attack, but Tehran played down the incident and indicated it had no plans for retaliation - a response that appeared gauged towards averting region-wide war....
https://knews.kathimerini.com.cy/en/news/famagusta-s-tourism-success-development-struggles
Famagusta Province in Cyprus boasts the highest tourism revenue contribution nationwide, but falls short in infrastructure development and enhancement projects....
https://knews.kathimerini.com.cy/en/business/alternative-investments-and-portfolio-diversification
In contrast to traditional investments in stocks and bonds, portfolios incorporating alternative investments have historically offered higher returns, a trend that has become more prevalent in recent years. ...
https://knews.kathimerini.com.cy/en/news/iran-israel-tensions-economists-warn-of-global-market-turbulence
As tensions simmer between Israel and Iran following recent Iranian attacks, economists are closely monitoring the potential implications for global markets....
https://knews.kathimerini.com.cy/en/news/aegean-airlines-acquires-longer-range-fleet
Aegean Airlines seeks to strengthen its footprint in new markets, which show double-digit growth rates, through the delivery, in 2026 and 2027, in the first phase, of four Airbus A321neo aircraft which are specially configured and upgraded....
https://knews.kathimerini.com.cy/en/business/greek-workers-strike-paralyzes-transport-services
In Greece, transport services came to a standstill on Wednesday as workers across various sectors participated in a 24-hour strike, demanding higher pay to offset the increasing cost of living...
https://knews.kathimerini.com.cy/en/news/drug-enforcement-cops-send-420-youths-to-rehab
Between 2021 and 2024, YKAN, Cyprus' drug enforcement agency, facilitated rehabilitation treatment programs for 420 young individuals, the majority of whom were students. ...
https://knews.kathimerini.com.cy/en/news/university-seminar-explores-identity-dynamics-in-occupied-cyprus
In an upcoming seminar scheduled for May 23, 2024, at Göteborgs universitet......
https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/news/turkey-s-central-bank-reports-2023-loss-of-818-2b-lira
Turkey’s central bank posted a 2023 loss of 818.2 billion lira ($25.25 billion), showed its balance sheet published in the Official Gazette on Sunday, on the back of steep loss stemming from the “KKM” foreign exchange-protected deposit scheme....
https://knews.kathimerini.com.cy/en/business/what-economic-headlines-are-making-waves-this-week
Amidst a backdrop of economic shifts and global challenges, a series of key developments are shaping the financial landscape. ...
https://knews.kathimerini.com.cy/en/news/gaza-crisis-deepens-as-hamas-rejects-ceasefire
Hamas said it had handed its response to mediators in Egypt and Qatar. It said any agreement must end Israel's war in Gaza.
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https://knews.kathimerini.com.cy/en/news/foreign-minister-syria-s-situation-key-to-migrant-crisis
In an exclusive interview with Kathimerini's Yiannis Ioannou, Cyprus Minister of Foreign Affairs Constantinos Kombos discussed the humanitarian and political challenges surrounding the migrant crisis in Cyprus, shedding light on several critical issues:...
https://knews.kathimerini.com.cy/en/news/lagarde-signals-eurozone-interest-rate-drop-in-june
The President of the European Central Bank, Christine Lagarde, has hinted at the possibility of a rate cut in June, citing the need for more data......
https://knews.kathimerini.com.cy/en/news/european-elections-add-twist-to-cyprus-polls
On June 9, Cyprus goes to the polls in the most complicated elections in its history as the European elections and the local government elections are held in parallel, following the reform passed by the Parliament....
https://knews.kathimerini.com.cy/en/news/israeli-defense-on-high-alert-amid-iran-s-48-hour-warning
A US official is quoted as saying that Israel is preparing for a direct attack from Iran — “possibly on Israeli soil” — in the next 24 to 48 hours, citing American intelligence reports.
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https://knews.kathimerini.com.cy/en/comment/opinion/gaza-s-wounds-deepen-amidst-humanitarian-crisis
The ongoing conflict in Gaza offers little novelty to seasoned observers of conflicts, especially within the tumultuous landscape of the Middle East's Arab-Israeli tensions....
https://knews.kathimerini.com.cy/en/news/1-ecb-president-welcomes-cyprus-s-new-central-bank-governor
The President of the European Central Bank Christine Lagarde welcomed on Thursday the new Governor of the Central Bank of Cyprus Christodoulos Patsalides to the ECB Governing Council....
