https://knews.kathimerini.com.cy/en/news/el-nino-set-to-return-bringing-a-higher-risk-of-heatwaves-drought-and-flooding
The World Meteorological Organization (WMO) says El Niño conditions are taking shape in the tropical Pacific and are likely to influence weather patterns across the globe during the coming months. The agency estimates an 80% chance that El Niño will be present between June and August 2026, with the likelihood climbing to around 90% or higher through at least November....
https://knews.kathimerini.com.cy/en/news/strong-el-nino-forecast-could-push-2026-toward-record-global-heat
Climate researchers expect 2026 to rank among the hottest years ever recorded, with a strong El Niño likely to push global temperatures higher as the year progresses....
https://knews.kathimerini.com.cy/en/news/european-conference-on-sustainable-tourism
The European Conference on Sustainable Tourism, held in Nicosia, marked the 20th anniversary of the Cyprus Sustainable Tourism Initiative (CSTI), bringing together more than 300 participants from across Europe and beyond, including two European Commissioners among the speakers....
https://knews.kathimerini.com.cy/en/news/the-tourism-of-tomorrow-at-the-heart-of-europe
Europe’s sustainable tourism community will gather in Nicosia. The Cyprus Sustainable Tourism Initiative (CSTI) celebrates 20 years of meaningful action in advancing sustainable tourism by organising a high-level European conference titled: “European Conference on Sustainable Tourism - Celebrating 20 Years of CSTI Leadership in Sustainability (2006–2026)”, held under the auspices of the Cyprus Presidency of the Council of the European Union 2026....
https://knews.kathimerini.com.cy/en/business/cyprus-weathers-global-turbulence-as-economic-growth-and-reforms-hold-firm-in-2025
Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...
https://knews.kathimerini.com.cy/en/comment/opinion/debt-surge-ahead-can-the-eurozone-outgrow-its-risks
The Eurozone is entering a phase of rising investments, public debt, and real interest rates. In this challenging environment, economic growth is essential to maintain balance. ...
https://knews.kathimerini.com.cy/en/business/cyprus-to-close-2025-with-debt-below-60-of-gdp
Cyprus is expected to close 2025 with a public debt-to-GDP ratio of 55.3%, well below its target of 60%, the Finance Ministry said....
https://knews.kathimerini.com.cy/en/business/cyprus-hotels-filling-up-fast-as-christmas-tourism-hits-record-highs
Cyprus is heading into the Christmas season with hotels filling fast and tourist bookings reaching new highs. Officials say the island remains one of Europe’s favorite winter destinations, with occupancy rates already strong and last-minute reservations expected to push them even higher....
https://knews.kathimerini.com.cy/en/news/cyprus-gains-investor-confidence-as-economic-reforms-us-ties-bolster-growth
International investors have shown sustained confidence in Cyprus’ economy and business ecosystem, recognizing the country as a stabilizing force in the region......
https://knews.kathimerini.com.cy/en/news/cyprus-faces-water-shortage-as-dams-reach-critically-low-levels
Cyprus is facing a significant water shortage as dam levels plummet due to a severe drought and ongoing climate changes, raising concerns among national and local authorities. ...
https://knews.kathimerini.com.cy/en/business/cypriot-banks-show-resilience-amid-challenges-reports-central-bank-governor
Despite the continuous challenges, the Cypriot banking system continues to register a positive course, which is reflected in the main supervisory indicators, Governor of the Central Bank of Cyprus (CBC), ...
https://knews.kathimerini.com.cy/en/news/cbc-projects-3-gdp-growth-in-2024
The Central Bank of Cyprus has revised its 2024 forecast for GDP growth to 3%, from 2.8% that was expected last March, mainly due to the upward revision of domestic demand, while it maintained its forecast for growth in the years 2025 and 2026, at 3.1% and 3.2%, respectively....
https://knews.kathimerini.com.cy/en/news/cyprus-wins-imf-praise-for-strong-recovery
The International Monetary Fund (IMF) has praised Cyprus for its robust economic recovery and fiscal discipline, recommending continued efforts......
https://knews.kathimerini.com.cy/en/news/interest-rates-extended-borrowers-face-dilemma
Last Thursday, the European Central Bank (ECB) opted to maintain interest rates, extending the uncertainty for borrowers regarding their loans and repayments....
https://knews.kathimerini.com.cy/en/news/far-right-and-conservatives-gain-momentum-in-europe
The far-right and conservative parties are gaining strength across Europe, while the possibility of reaching up to 29% of the seats in the European Parliament is visible, explains to "K" Tobias Gerhard Schminke, founder of the platform for collecting electoral data Europe Elects....
https://knews.kathimerini.com.cy/en/business/eurozone-economic-snapshot-november-13-2023
Inflation in the Eurozone, which stood at 10.6% in October 2022, has decreased to 2.9% in October 2023, sparking optimism among central bankers....
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/op-ed-wim-van-aken-talks-recession-and-the-predictions-for-cyprus
We are facing a double shock. First, we had the Covid-19 shock and now the global and European economies are facing a new shock with the war in Ukraine. Both events are unprecedented for many of us....
https://knews.kathimerini.com.cy/en/business/imf-forecasts-for-global-recovery-reduced-to-4-4-for-2022
"The world economy is entering 2022 weaker than previously expected," the International Monetary Fund said in a statement on economic forecasts for the new year. Pandemic, inflation and climate crisis will determine global growth, according to a report by the International Monetary Fund (IMF)....
https://knews.kathimerini.com.cy/en/news/scorpions-flood-egyptian-villages-after-storm-sting-and-hospitalize-hundreds
Scorpions that were flushed from their underground desert homes by recent storms have stung more than 500 people in the governorate of Aswan, in southern Egypt....
https://knews.kathimerini.com.cy/en/news/president-anastasiades-addresses-the-76th-un-general-assembly
The President of the Republic, Mr. Nicos Anastasiades, today addressed members of the 76th session of the UN General Assembly in New York....
https://knews.kathimerini.com.cy/en/news/uk-citizens-rush-to-fill-up-amid-shortages
The British government on Thursday night urged citizens not to panic over the closure of dozens of gas stations across the country, which was due to the significant shortage of drivers of tankers, trucks and other heavy goods vehicles....
