https://knews.kathimerini.com.cy/en/business/moody-s-nick-hill-on-financial-risks-and-opportunities-for-2025
In an insightful conversation with Kathimerini's Panayiotis Rougalas, Nick Hill discusses the key macroeconomic risks and opportunities facing the region in 2025....
https://knews.kathimerini.com.cy/en/life/temu-s-tempting-deals-are-a-double-edged-sword-for-cypriot-shoppers
Temu, an emerging e-commerce platform, offers an extensive range of products, from gadgets and household goods to clothing and toys, at remarkably low prices....
https://knews.kathimerini.com.cy/en/business/ai-in-finance-embrace-the-future-or-be-left-behind
Technology is changing how we do everything, and finance is no different. ...
https://knews.kathimerini.com.cy/en/news/1-half-of-citizens-and-businesses-targeted-by-cybercriminals-in-2024
In a startling revelation, a recent survey by the Digital Security Authority has found that one in two people in Cyprus fell victim to a cyber attack in 2024....
https://knews.kathimerini.com.cy/en/business/business-loans-on-the-rise-in-cyprus-but-consumer-borrowing-takes-a-hit
Cyprus experienced a rise in net new loans in October, driven primarily by businesses borrowing more, especially for amounts exceeding €1 million. ...
https://knews.kathimerini.com.cy/en/news/unitedhealthcare-ceo-fatally-shot-in-midtown-manhattan-in-targeted-attack
In a shocking turn of events, Brian Thompson, the 50-year-old CEO of UnitedHealthcare, was fatally shot Wednesday morning in midtown Manhattan....
https://knews.kathimerini.com.cy/en/news/nationally-funded-research-project-dynamo-to-redefine-energy-sharing-within-communities
The first meeting of the consortium for the DYNAMO project (Decentralized Energy Management Platform for Smart Communities) was recently held, launching the project which aims to redefine energy sharing and transactions within communities....
https://knews.kathimerini.com.cy/en/business/cybersecurity-and-ict-risks-emerge-as-leading-drivers-of-operational-risk
Geopolitical tensions have significantly increased operational risks, particularly in the areas of cyber and digital threats, as well as risks related to money laundering and sanctions compliance....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-schengen-conundrum-amid-unresolved-division
Cyprus remains caught in a political and logistical bind as Bulgaria and Romania prepare to join the Schengen free-movement area on January 1, 2025, according to a report by Kathimerini's Pavlos Xanthoulis....
https://knews.kathimerini.com.cy/en/news/macron-celebrates-notre-dame-s-restoration
Emmanuel Macron has praised the craftsmen and women who worked tirelessly to restore Paris's Notre-Dame Cathedral, which was devastated by a fire in 2019. ...
https://knews.kathimerini.com.cy/en/news/airlines-adding-more-flights-to-greece-for-summer-2025
Greek and foreign airlines are increasing their routes to and from Athens and other top tourism destinations in Greece for the 2025 summer season by airlines that continue to identify more demand for the Greek tourism product....
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/business/spain-fines-ryanair-and-other-low-cost-airlines-€179m-for-abusive-practices
Spain's Ministry of Consumer Affairs has slapped five major low-cost airlines with hefty fines totaling €179 million for a range of alleged abusive practices, including charging extra fees for hand luggage. ...
https://knews.kathimerini.com.cy/en/business/primary-residence-and-the-benefit-of-5-reduced-vat-rate
Nowadays having your own permanent residence is a must, however the cost for the acquisition or construction of a house/apartment has significantly increased in the last few years....
https://knews.kathimerini.com.cy/en/news/$6-2m-for-a-banana-taped-to-a-wall-have-we-gone-bananas
It’s official—art is bananas. Literally....
https://knews.kathimerini.com.cy/en/business/ft-how-oil-and-gas-companies-hide-methane-emissions-threatening-climate-goals
Methane, a potent greenhouse gas, is quietly driving climate change while remaining hidden from view. The oil and gas industry is among the largest contributors to this problem, with companies using various methods to obscure the true scale of their emissions. Here's what you need to know....
https://knews.kathimerini.com.cy/en/news/greek-workers-strike-over-rising-costs-and-low-wages
Greek workers are currently on strike today, Wednesday, causing disruptions at ports, and on buses and trains. The nationwide strike, which includes transport workers, doctors, teachers, and construction workers, is a protest against rising living costs and demands for higher wages....
https://knews.kathimerini.com.cy/en/news/road-to-nowhere-as-paphos-polis-project-hits-a-dead-end
The long-awaited Paphos-Polis Chrysochous road project has hit a major roadblock, with construction halted at just 21% completion and the Republic of Cyprus now facing legal challenges from the former contractor, INTRAKAT. ...
https://knews.kathimerini.com.cy/en/business/amazon-launches-haul-a-low-cost-rival-to-temu-and-shein
Amazon is launching a new e-commerce platform called Haul, designed to offer shoppers incredibly low prices on a wide range of products, aiming to take on growing competition from Chinese brands like Temu and Shein....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-endless-love-affair-with-unfinished-projects
''Oh Prometheus, if only you knew how much you’ve cost us, you’d blush with shame. Yet no one involved seems to care. In any case, full sails ahead.''...
https://knews.kathimerini.com.cy/en/business/cyprus-faces-multi-million-euro-losses-as-major-development-projects-collapse
Cyprus is facing significant financial and logistical challenges following the abrupt termination of contracts for major infrastructure projects, with some cases likely to lead to costly legal battles....
https://knews.kathimerini.com.cy/en/news/greek-real-estate-fourth-cheapest-in-europe-draws-foreign-buyers
The Greek real estate market has significant prospects for establishing itself as one of the main destinations for foreign home buyers, being the fourth cheapest in Europe....
https://knews.kathimerini.com.cy/en/news/temu-half-cyprus-is-better-than-none
The online shopping platform Temu is drawing criticism for selling a T-shirt with a slogan referencing the Cyprus issue. The shirt, priced at €11.90 on sale from an original €23.69, features the phrase...
https://knews.kathimerini.com.cy/en/business/fired-paphos-polis-road-contractor-wants-€35-million-payout
The Cyprus government has formally terminated its contract with Intrakat, a Greek construction company, for the long-awaited Paphos-Polis Chrysochous motorway, citing severe delays and excessive demands from the contractor....
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/business/cyprus-gdp-and-living-standards-improve-but-challenges-remain
Cyprus' living standards have continued to improve, with the country's GDP per capita reaching 95% of the EU average in 2023, according to recent data from the Statistical Service of Cyprus....
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/comment/opinion/the-cost-of-the-subsidies-is-borne-by-the-state-not-the-citizens
''I am committed to lowering electricity prices,'' Minister of Energy Mr. Papanastasiou told us when he assumed office. Since then, we’ve watched in dismay as electricity prices have steadily risen, with various justifications that no longer convince anyone....
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.
...
https://knews.kathimerini.com.cy/en/news/trump-s-emotional-appeal-vs-harris-s-missed-connections
Experts, academics, and political analysts in Cyprus have weighed in on the reasons behind Donald Trump’s success in the latest U.S. elections and Kamala Harris's defeat. ...
