https://knews.kathimerini.com.cy/en/business/hel
Hellenic Bank and Cyprus bank workers' union ETYK have reached an agreement to fully implement their collective agreement, bringing an end to a prolonged dispute that caused uncertainty and disruption at the bank, according to a statement from ETYK....
https://knews.kathimerini.com.cy/en/news/cyprus-foreign-minister-optimistic-about-upcoming-us-meeting
Foreign Affairs Minister Constantinos Kombos has stated that the upcoming meeting between the Presidents of the United States and Cyprus in Washington will hold significant symbolic and political weight. ...
https://knews.kathimerini.com.cy/en/news/increase-in-missing-minors-from-cyprus-juvenile-homes-raises-alarms
Cyprus is grappling with a steady rise in cases of minors disappearing from juvenile homes, a long-standing issue of national welfare policy....
https://knews.kathimerini.com.cy/en/news/effort-to-create-new-cooperative-bank-in-cyprus-begins-with-ipo-search
The Cypriot company for the promotion of the cooperative movement is at the process of seeking an investment firm that would underwrite an initial public offering for the creation of a “small cooperative bank” in Cyprus that would replace the Cooperative Cyprus Bank which went into liquidation back in 2018, Panikos Hambas told CNA....
https://knews.kathimerini.com.cy/en/news/record-sea-turtle-nests-found-on-british-base-beaches
British Bases (BB) beaches are celebrating a milestone in sea turtle conservation, with a record-breaking 382 turtle nests recorded across their sandy shores this year, according to environmental experts. The new record surpasses last year’s total of 282 nests, which was the second-highest count ever....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-s-profits-surge-amid-higher-lending-rates
Hellenic Bank, Cyprus’ second-largest lender, has had a strong start to 2024, reporting a net profit of €189 million in the first half of the year—a solid 18% increase from last year. This boost in profit is mainly due to a 30% rise in interest income, driven by higher European Central Bank (ECB) interest rates....
https://knews.kathimerini.com.cy/en/news/local-inspectors-begin-tackling-illegal-garbage-dump-sites
The Environment Department has announced the launch of a nationwide campaign to address illegal waste dumping sites, emphasizing the need for municipal and community cooperation. The initiative, which runs until December, aims to tackle persistent issues that have recently led to fires....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-marks-50-years-since-1974-invasion
This year marks fifty years since the 1974 coup and Turkish invasion, events that profoundly shaped modern Cyprus. ...
https://knews.kathimerini.com.cy/en/news/mykonos-matt-damon-caught-in-hoax-bomb-scare
Hollywood actor Matt Damon found himself amidst a hoax bomb scare on Saturday night while vacationing on the Greek island of Mykonos with his wife, Luciana Barroso....
https://knews.kathimerini.com.cy/en/news/green-line-trade-and-crossings-surge-irregular-migration-declines
Trade and personal crossings across the Green Line in Cyprus saw significant increases in 2023, while irregular migration dropped by more than 50%, according to the annual European Commission report on the implementation of the Green Line Regulation published Thursday....
https://knews.kathimerini.com.cy/en/news/kedipes-hits-€1-36b-milestone-in-state-aid-repayments
KEDIPES has announced a €60 million cash repayment made on June 26, 2024, as part of its ongoing efforts to repay state aid received by the former......
https://knews.kathimerini.com.cy/en/news/agency-reports-strong-start-to-2024-continues-paying-off-state-debt
KEDIPES, Cyprus' state-owned asset management agency, announced a €144 million cash inflow for the first quarter of 2024. The agency also made a €140 million repayment to the state, bringing the total repayment to €1.3 billion since it started in September 2018....
https://knews.kathimerini.com.cy/en/news/greek-olive-oil-producers-reject-bulk-sales-thrive-in-export-market
They knew the easy way. They could have effortlessly sent their oil in bulk to Italy....
https://knews.kathimerini.com.cy/en/news/nicosia-and-china-universities-partner-on-law-education
The University of Nicosia and China University of Political Science and Law (CUPL) have signed an MoU to enhance collaboration in law education and research....
https://knews.kathimerini.com.cy/en/news/commissioner-calls-for-improvements-in-nicosia-s-detention-facilities
Maria Stylianou Lottidi, the Commissioner for Administration and Protection of Human Rights, has issued recommendations following a visit to the Nicosia Police Station's detention facilities on April 11. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-non-performing-loans-drop-to-lowest-level-in-years
Total non-performing loans (NPLs) to banks have dropped below €2 billion, specifically to €1.9 billion. ...
https://knews.kathimerini.com.cy/en/news/cyprus-elevates-maritime-diplomacy-with-new-permanent-rep-to-imo
In a significant diplomatic move, the High Commissioner of the Republic of Cyprus to the United Kingdom, Kyriacos Kouros, formally assumed his role as the country's new Permanent Representative to the International Maritime Organization (IMO)....
https://knews.kathimerini.com.cy/en/news/tatar-accused-of-sabotaging-negotiations
In a recent statement, The New Cyprus party has accused Ersin Tatar of undermining negotiations, alleging that he does not truly represent the Turkish Cypriots....
https://knews.kathimerini.com.cy/en/news/commonwealth-ministers-meet-in-cyprus-to-safeguard-the-oceans
At a pivotal moment for our planet, representatives from 28 Commonwealth nations convened in Cyprus to shape the destiny of our oceans....
https://knews.kathimerini.com.cy/en/news/lost-promises-missed-chances-secrets-behind-cyprus-eu-entry
In an exclusive interview with Kathimerini's Marina Economidou, Gunter Verheugen sheds light on the intricacies of negotiations surrounding the Cyprus problem at Burgenstock....
https://knews.kathimerini.com.cy/en/business/alpha-bank-ceo-eyes-expansion-in-romania
Alpha Bank chief executive officer Vassilis Psaltis pointed to further expansion and acquisitions in Romania in a joint interview with the CEO of Italian bank UniCredit, Andrea Orcel for Bloomberg....
https://knews.kathimerini.com.cy/en/news/uae-pledges-$15-million-for-cyprus-gaza-maritime-aid
The United Arab Emirates announced the allocation of USD 15 million in support of the ''Amalthea Fund,'' which the Republic of Cyprus announced to support the maritime corridor initiative between Cyprus and the Gaza Strip....
https://knews.kathimerini.com.cy/en/news/kedipes-pays-state-€140m-in-largest-quarterly-sum-yet
In the largest quarterly cash repayment to the state since its inception in 2018, totaling €140 million, the Board of Directors of KEDIPES decided to proceed for the first quarter of 2024. ...
https://knews.kathimerini.com.cy/en/business/cyprus-defense-industry-poised-for-growth
In an interview conducted by Kathimerini reporter Andreas Karamitas, Dr. Tasos Kounoudis, President of the Cyprus Association of Research and Innovation Enterprises (CRAI), provided significant insights into the European Union's investment in the defense industry and its implications for Cyprus....
https://knews.kathimerini.com.cy/en/news/ankara-s-firm-stand-on-cyprus-problem-stalls-progress-un-envoy-reports
Significant challenges arise in the attempt to reignite efforts to resolve the Cyprus issue within the established......
https://knews.kathimerini.com.cy/en/business/kedipes-successfully-sells-€58-4m-portfolio-to-reduce-debt
The Cyprus Asset Management Company (KEDIPES) announced Thursday the successful completion of a sale of performing and restructured loan portfolios to Bank of Cyprus Public Company Limited, with a combined gross book value of €58.4 million as of December 31, 2022....
https://knews.kathimerini.com.cy/en/news/unveiling-the-past-of-aglantzia-in-an-enchanting-theatrical-tour
In an article written by Apostolos Kouroupakis, published in the print edition of Kathimerini's Oikonomiki, the Municipality of Aglantzia, in collaboration with ...
https://knews.kathimerini.com.cy/en/news/cypriot-farmers-protests-send-ripples-across-europe
The surge of farmers' fury has reverberated in a manner unprecedented for Brussels, the nerve center of European decision-making....
https://knews.kathimerini.com.cy/en/business/deal-in-the-works-for-cnp-cyprus
The subsidiary of the French insurance giant CNP Assurances, CNP Cyprus Insurance Holdings, is currently in discussions for a potential change in ownership. ...
https://knews.kathimerini.com.cy/en/news/cyprus-makes-the-cut-in-new-tax-friendly-nations-list
In a recent announcement, the Ministry of Finance shed light on the revised list of countries enjoying preferential tax status under the Independent Authority for Public Revenue of the Hellenic Republic (IAEA)....
