https://knews.kathimerini.com.cy/en/news/housing-crisis-looms-as-limassol-property-prices-skyrocket
Limassol has seen a dramatic surge in property prices over the past five years, with rents and home prices doubling—and in some cases, tripling....
https://knews.kathimerini.com.cy/en/comment/opinion/from-apostolos-andreas-bus-breakdown-to-political-meltdowns
A pilgrimage to Apostolos Andreas—may his blessings abound—took an unexpected turn when the bus broke down. ...
https://knews.kathimerini.com.cy/en/news/temporary-truce-in-the-healthcare-sector-as-december-showdown-looms
A temporary truce has been reached in the healthcare sector following the 48-hour doctors' strike....
https://knews.kathimerini.com.cy/en/news/vatican-faces-pension-crisis-despite-its-wealth
Pope Francis made a surprising announcement this week, revealing that the Vatican's pension fund is in serious trouble and might not be able to pay pensions in the future unless big changes are made....
https://knews.kathimerini.com.cy/en/news/u-s-moves-forward-with-$680-million-arms-deal-to-israel
The Biden administration is moving forward with a $680 million arms deal with Israel, even as a U.S.-brokered ceasefire takes hold between Israel and Hezbollah in Lebanon. ...
https://knews.kathimerini.com.cy/en/news/cyprus-and-greece-forge-closer-ties-in-historic-meeting
President Nikos Christodoulides described the second intergovernmental meeting between Cyprus and Greece as a historic milestone. For the first time, 14 Greek Cabinet ministers joined their Cypriot counterparts in Nicosia, reflecting the deepening collaboration between the two nations....
https://knews.kathimerini.com.cy/en/business/cyprus-receives-major-credit-rating-boost-from-moody-s
Last Friday, Moody’s delivered a major endorsement of Cyprus’ economic progress, upgrading its credit rating by two notches, from Baa2 to A3, with a stable outlook, according to a report by Panayiotis Rougalas. ...
https://knews.kathimerini.com.cy/en/news/israel-hezbollah-ceasefire-now-in-effect-after-13-months-of-conflict
A ceasefire between Israel and Hezbollah took effect early Wednesday, starting at 4 a.m. local time (2 a.m. UK time). ...
https://knews.kathimerini.com.cy/en/news/did-angela-merkel-misjudge-germany-s-dependence-on-russian-gas
In her memoir ''Freedom'', Angela Merkel reflects on her 16-year tenure as German chancellor, offering insights into her political approach and the global crises that defined her leadership....
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/news/cypriot-company-brings-pizza-hut-back-to-greece
Pizza Hut is making a comeback in Greece, this time under the management of PHC Franchised Restaurants Ltd, a Nicosia-based company that oversees approximately 120 franchised restaurants and cafes in Greece and Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-role-in-the-east-med-highlighted-at-economist-conference
Cyprus’ growing importance in the Eastern Mediterranean was highlighted by U.S. Ambassador Julie Fisher and the UK’s new High Commissioner Michael Tatham during the 20th Economist magazine conference in Cyprus on Thursday....
https://knews.kathimerini.com.cy/en/news/uk-and-us-ambassadors-highlight-cyprus-growing-role-in-regional-affairs
The British High Commissioner Designate to Cyprus, Michael Tatham, and US Ambassador Julie Fisher underscored Cyprus’ importance in the region during the Economist’s 20th Annual Cyprus Summit on Thursday....
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/ukraine-strikes-russian-base-with-us-supplied-atcms-missiles
For the first time, Ukraine has used U.S.-supplied ATACMS long-range ballistic missiles to strike Russian territory, targeting a military installation near the town of Karachev in the Bryansk region....
https://knews.kathimerini.com.cy/en/business/50-million-luxury-shoppers-pull-back-as-market-slows
For the first time since the 2009 financial crisis, the luxury goods market is losing its shine. A whopping 50 million shoppers have stopped splurging on designer bags, watches, and other high-end items, according to Bain & Company’s latest report....
https://knews.kathimerini.com.cy/en/news/declassified-cyprus-invasion-documents-confirm-old-truths
The recently declassified intelligence documents on the events surrounding the 1974 Turkish invasion of Cyprus and the coup against Archbishop Makarios shed light on the complex dynamics of the period but do not significantly alter existing historical conclusions. ...
https://knews.kathimerini.com.cy/en/news/cyprus-reunification-off-the-table-says-former-u-s-ambassador-warns-europe-not-to-rely-on-u-s
A statesman, a diplomat, and a patriot, John Koenig is the epitome of dedication to service and diplomacy. With a career spanning over three decades, he has served in pivotal roles across the globe, from his time as U.S. Ambassador to Cyprus from 2012 to 2015 to his earlier postings in Belgium, Greece, Indonesia, Italy, and the Philippines.
...
https://knews.kathimerini.com.cy/en/business/laiki-bank-liquidator-raises-€90-8-million-for-depositor-compensation
According to a report by Panayiotis Rougalas in this Sunday's Kathimerini, the liquidator of the former Laiki Bank, Avgoustinos Papathomas, has achieved a key milestone in efforts to compensate creditors, particularly depositors who lost money during the bank’s 2013 collapse....
https://knews.kathimerini.com.cy/en/news/greece-revamps-military-for-speed-efficiency-and-tech
In a sweeping overhaul of its military structure, Greece is set to streamline its armed forces with a bold new ''Force Structure'' plan....
https://knews.kathimerini.com.cy/en/news/turkey-raises-concerns-over-u-s-presence-in-cyprus
Turkish pro-government media are increasingly discussing the ''replacement'' of the British Bases (SBA) in Cyprus by the United States and the ''encirclement'' of Turkey by America, citing US bases in Alexandroupolis, Larissa, Crete, and Cyprus. ...
https://knews.kathimerini.com.cy/en/news/greece-intelligence-declassifies-reports-on-1974-coup-and-turkish-invasion
The National Intelligence Service of Greece (EYP) has released declassified documents detailing the events surrounding the 1974 Greek-led coup in Cyprus and the subsequent Turkish invasion,...
https://knews.kathimerini.com.cy/en/news/trump-taps-elon-musk-to-lead-department-of-government-efficiency
In a move aimed at shaking up Washington, former President Donald Trump announced plans to appoint Elon Musk, the world’s wealthiest man, to head a new ''Department of Government Efficiency.''...
https://knews.kathimerini.com.cy/en/comment/opinion/trump-s-win-coffee-with-erdogan-and-the-presidential-spin-a-dose-of-cyprus-reality
For anyone worried that Trump’s election might throw off our strategic ties with the U.S.—those essential space collaborations and our participation in the Star Wars program—the Presidential Palace has assured us that a ''close associate'' of Trump recently reached out to our very own Nicos!...
https://knews.kathimerini.com.cy/en/news/israeli-soccer-fans-attacked-in-amsterdam-evacuations-underway
Israeli soccer fans were attacked in Amsterdam overnight Thursday, following a Europa League match between Maccabi Tel Aviv and Ajax, prompting the Israeli government to dispatch planes to evacuate its citizens....
https://knews.kathimerini.com.cy/en/news/germany-faces-uncertainty-as-scholz-fires-finance-minister
Germany’s governing coalition faces a major crisis amid economic challenges and mounting political strife, as Chancellor Olaf Scholz dismissed Finance Minister Christian Lindner and announced he will seek a parliamentary vote of confidence on January 15. If Scholz fails to secure support, Germany could see elections as early as March....
https://knews.kathimerini.com.cy/en/news/cyprus-to-maximise-efforts-for-peace-talks-resumption-kombos-tells-uk-politicians
The government of the Republic of Cyprus has “an obligation to maximise the possibility of going back to the negotiating table” on the Cyprus issue, Foreign Minister Konstantinos Kombos......
https://knews.kathimerini.com.cy/en/comment/opinion/the-unassuming-constantinos-kombos
In every Cabinet meeting, there is a ''luxury'' position held by the current Minister of Foreign Affairs. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-real-estate-market-falters-as-october-sales-drop-6
With just two months left in the year, October has shown that, despite some resilience, the market remains unable to inspire optimism. Economic indicators for the average household have not sparked an uptick in investment interest, and the ongoing geopolitical instability is growing....
https://knews.kathimerini.com.cy/en/news/spain-s-king-pelted-with-eggs-amid-fury-over-flood-response-in-valencia
Spain’s King Felipe and Queen Letizia faced an angry backlash during a visit to the flood-ravaged Valencia region on Monday, where crowds hurled eggs and booed as they met with residents....