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/business/cyprus-to-launch-national-sanctions-unit
Cyprus is set to establish a new National Sanctions Implementation Unit (NSIU) in the coming year, aiming to improve how financial sanctions are enforced in the country....
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/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/business/cyprus-achieves-first-a-level-credit-rating-in-major-milestone
Scope Ratings has upgraded Cyprus's credit rating to A- from BBB+, marking the country's first A-level rating from a major credit agency....
https://knews.kathimerini.com.cy/en/news/clocks-fall-back-but-the-debate-over-daylight-saving-time-ticks-on
As clocks across Cyprus and much of Europe turned back an hour early Sunday, the annual ritual of falling back once again sparked the question: Is it time to let go of daylight saving time?...
https://knews.kathimerini.com.cy/en/news/us-ambassador-celebrates-new-digital-platform-for-cypriot-youth
The U.S. Ambassador to Cyprus has voiced strong support for a newly launched digital platform, Cyprus Digital Heritage, aimed at bringing young people closer to the island's rich history and cultural legacy. ...
https://knews.kathimerini.com.cy/en/news/cyprus-and-u-s-strengthen-crime-fighting-cooperation
The House Plenary of Cyprus approved an important agreement on Thursday aimed at boosting cooperation between Cyprus and the United States in the fight against serious crime....
https://knews.kathimerini.com.cy/en/news/cyprus-unveils-first-zero-emissions-research-vessel
Cyprus celebrated the launch of its first zero-emissions vessel, EVPLOIA APHRODITE, on Thursday at the Larnaca Marina....
https://knews.kathimerini.com.cy/en/news/major-trafficking-ring-uncovered-in-cyprus-involving-former-football-player
The Anti-Trafficking Bureau in Cyprus is intensifying its efforts to unravel a serious case involving an organized trafficking ring that is believed to be sexually exploiting women on the island....
https://knews.kathimerini.com.cy/en/news/cbc-urges-banks-to-show-social-responsibility-despite-sector-s-strength
The Central Bank of Cyprus (CBC) released its annual Financial Stability Report for 2023 on Tuesday, indicating that the financial sector is overall strong and capable of handling unexpected challenges. ...
https://knews.kathimerini.com.cy/en/news/cyprus-and-u-s-launch-historic-strategic-dialogue-to-strengthen-bilateral-ties
Nicosia and Washington are forming a concrete footprint for deepening their bilateral relations at the strategic level with the first-ever CY-US Strategic Dialogue launched today. ...
https://knews.kathimerini.com.cy/en/news/putin-urges-dollar-ditch-but-asks-summit-guests-for-dollars-and-euros
Russian President Vladimir Putin is leading efforts to reduce global reliance on the US dollar by promoting "de-dollarization" at a summit with over 20 world leaders. ...
https://knews.kathimerini.com.cy/en/news/five-dead-22-injured-in-terrorist-attack
A terrorist attack on the Turkish Aerospace Industries (TAI) offices in Kahramankazan, near Ankara, resulted in five deaths and 22 injuries....
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/business/cyprus-surpasses-pre-pandemic-financial-levels-with-growing-surplus
Cyprus is bouncing back from recent economic challenges, with its financial health improving dramatically. Current fiscal surpluses now exceed what they were before the pandemic, thanks to a significant increase in revenue....
https://knews.kathimerini.com.cy/en/comment/opinion/cypriot-banks-sending-loans-abroad-a-growing-risk
Yesterday, I had a conversation with someone who truly understands banking—probably more knowledgeable than many who think they do....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-no-tolerance-for-corruption-in-sports
President of Cyprus, Nikos Christodoulides, made it clear that the country has zero tolerance for corruption and match-fixing in sports during the opening of the National School of Ethics at the Presidential Palace on Monday....
https://knews.kathimerini.com.cy/en/news/cyprus-under-siege-as-cyberattacks-raise-alarms
Since October 17, hackers have been launching a series of targeted attacks on various organizations and companies across Cyprus, sparking public debate about the country's ability to fend off cyber threats. ...
https://knews.kathimerini.com.cy/en/news/massive-cyber-attacks-target-key-websites-in-cyprus
In the past 24 hours, Cyprus has been hit by a series of major cyber attacks, targeting both government websites and critical internet infrastructure....
https://knews.kathimerini.com.cy/en/news/finance-minister-stands-firm-on-economic-stability-amid-rising-pressures
In a recent interview with Andreas Kimitris, Cyprus Finance Minister Makis Keravnos spoke candidly about his firm stance on the country’s economic stability. ...
https://knews.kathimerini.com.cy/en/news/water-crisis-looms-as-cyprus-dams-hit-27
Cyprus is grappling with a severe water shortage as the ongoing drought pushes the country's dam capacity to worrying levels. According to Gianna Economidou......
https://knews.kathimerini.com.cy/en/news/katz-to-erdogan-take-back-your-murderer-friend-in-fiery-social-media-post
Israel’s Foreign Minister Israel Katz, who was the first public official to announce the death of Yahya Sinwar, took to social media today with a harsh message directed at Turkish President Recep Tayyip Erdogan.
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https://knews.kathimerini.com.cy/en/news/public-sector-salaries-to-increase-by-1-5-starting-october-2024
Cyprus' House of Representatives has passed an agreement between the government and trade unions to implement a general 1.5% wage increase for public......
https://knews.kathimerini.com.cy/en/news/cyprus-on-high-alert-after-cyberattack-threat-by-hackers
Cyprus state services are closely monitoring developments following a warning of an imminent cyberattack targeting the country's critical infrastructure, although no attack has occurred yet, according to well-informed sources....
https://knews.kathimerini.com.cy/en/news/nearly-3-tons-of-medical-aid-sent-today-to-lebanon
In response to urgent requests from Lebanon regarding its struggling medical system, Cyprus is sending nearly three tons of essential medicines and medical supplies to the neighboring country....
https://knews.kathimerini.com.cy/en/news/italy-s-migrant-transfer-deal-with-albania-gains-eu-support
Italian Prime Minister Giorgia Meloni feels vindicated in her approach to immigration, as a recent agreement with Albania is emerging as a "model" that several EU member states are now openly discussing, including European Commission President Ursula von der Leyen. ...
https://knews.kathimerini.com.cy/en/news/cyprus-tops-europe-in-lawyers-but-struggles-with-court-delays
Cyprus leads Europe with the highest number of lawyers per capita, with 505 lawyers per 100,000 residents, far above the European average, according to a new Council of Europe report....
https://knews.kathimerini.com.cy/en/news/cyprus-infrastructure-shines-as-med9-summit-boosts-tourism