https://knews.kathimerini.com.cy/en/news/banks-eye-over-1-billion-euro-profits-in-2023
Cypriot banks, including the Greek bank, are poised to rake in substantial profits for 2023, benefitting from the European Central Bank's interest rate hikes....
https://knews.kathimerini.com.cy/en/comment/opinion/abraham-s-tinderbox
I’ll begin by clearly condemning Hamas and its terrorist thugs and express grief at the horrors inflicted on innocent Israeli civilians on 7 October....
https://knews.kathimerini.com.cy/en/news/greek-government-s-€85-4m-move-shakes-aegean-airlines
Aegean Airlines on Monday announced that the Hellenic Republic submitted notification of its intention to exercise the rights granted by all the warrants it holds concerning the company’s shares on November 3, 2023....
https://knews.kathimerini.com.cy/en/news/metropolitan-police-remove-kidnapped-hostage-posters-in-london
A relative of an Israeli man who is among at least 230 hostages abducted by Hamas has criticized the Metropolitan Police for removing posters calling for their release....
https://knews.kathimerini.com.cy/en/news/police-chief-inspects-alexoui-murder-scene
Police Chief Stelios Papatheodorou visited the location where the mafia execution of Alexis Mavromichalis, also known as "Alexoi," occurred last night....
https://knews.kathimerini.com.cy/en/news/tragic-turn-for-alexoui-as-mafia-claims-second-life
In a disturbing turn of events, Law Enforcement Authorities are on high alert following a recent deadly attack on Alexis Mavromichalis, known as "Alexoui." The tragic incident unfolded on Tuesday night, October 31st....
https://knews.kathimerini.com.cy/en/news/president-addresses-global-security-at-cairo-summit
This is not a regional crisis of limited concern or impact, it is fundamentally a question of international peace and security and a challenge that our global collective security system must respond to, President of the Republic Nikos Christodoulides told the International Peace Summit that took place Saturday in Cairo....
https://knews.kathimerini.com.cy/en/news/gaza-death-toll-surpasses-4-000-as-conflict-continues
In a harrowing revelation, Israel's military has disclosed that 20 children under the age of 18 are among 200 hostages currently being held in Gaza, following the series of attacks by Hamas on October 7th.
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https://knews.kathimerini.com.cy/en/news/ecb-set-to-keep-rates-steady-says-central-bank-of-cyprus-governor
No interest hikes are expected in the next European Central Bank Governing Council meeting, as the latest available recent data suggest that the ECB rates have reached a level that, if maintained, will contribute to the return of inflation to the medium-term target of 2%, Constantinos Herodotou, Governor of the Central Bank of Cyprus and ECB Governing Council member told CNA on Wednesday....
https://knews.kathimerini.com.cy/en/comment/opinion/the-surge-of-violence-in-the-middle-east
The latest escalation of conflict in the Middle East marks a pivotal moment in the ongoing Arab-Israeli dispute....
https://knews.kathimerini.com.cy/en/news/government-vulnerable-to-rising-fuel-costs-amid-middle-east-tensions
Economist Pampos Papageorgiou recently addressed the potential economic consequences that the ongoing conflict in the Middle East may bring to Cyprus and Europe....
https://knews.kathimerini.com.cy/en/news/kittens-brutally-murdered-in-larnaca-cemetery
In a shocking revelation, a concerned citizen who cares for kittens at St. George Cemetery in Larnaca has expressed their horror and dismay....
https://knews.kathimerini.com.cy/en/comment/opinion/navigating-the-complexities-of-israel-ukraine-and-history
When Russia invaded Ukraine, the West adopted the motto "on the right side of history" to justify its support for Ukraine against Moscow's occupation....
https://knews.kathimerini.com.cy/en/news/unprecedented-escalation-in-gaza-and-cyprus-response
The escalation in Gaza, triggered by Hamas' surprise terror campaign last Saturday, has plunged the Middle East into a renewed cycle of violence within the context of the Arab-Israeli conflict. ...
https://knews.kathimerini.com.cy/en/news/cyprus-public-transport-gets-a-facelift-as-massive-infrastructure-upgrade-underway
In a significant development, a new contract signed at the Ministry of Transport on Thursday outlines extensive improvements to Cyprus' public transportation infrastructure....
https://knews.kathimerini.com.cy/en/business/ecb-vp-says-interest-rate-cuts-premature
In an interview with CNA, Louis de Guindos, Vice President of the European Central Bank, expressed that discussions regarding interest rate cuts are premature....
https://knews.kathimerini.com.cy/en/news/electricity-prices-surge-by-3-in-latest-billing-cycle
In a recent development, electricity prices have witnessed a notable uptick, surging by 3% when compared to the preceding month. Christina Papadopoulou, the spokesperson for EAC (the electricity authority), elucidated that a significant portion of this increase, amounting to 1.20%, is earmarked for third-party entities rather than being allocated to AHK....
https://knews.kathimerini.com.cy/en/news/cyprus-photovoltaics-for-all-cuts-electricity-costs-by-50
In a bold move to expedite the transition to green energy, the Ministry of Energy is gearing up to unveil a groundbreaking solar energy production initiative that promises to reshape the balance between conventional and green energy sources....
https://knews.kathimerini.com.cy/en/news/over-46-000-students-ring-in-the-new-school-year
On the first day of school, 46,479 high school students eagerly returned to their classrooms after the summer break in Cyprus....
https://knews.kathimerini.com.cy/en/news/arrest-of-ex-convict-sheds-light-on-police-shortcomings-in-limassol-riots
A shocking outbreak of violent riots rocked Limassol last Friday as masked assailants targeted immigrants and vandalized migrant-owned businesses during an anti-immigrant march. ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-free-parking-illusion
Imagine a city where parking is easy, convenient, and free....
https://knews.kathimerini.com.cy/en/comment/opinion/the-deafening-silence-of-the-forests
Bass Rock is an island not too far off the coast of Scotland, east of Edinburgh. It is home to the largest northern gannet (Morus bassanus) colony in the world, hosting nearly 75,000 couples each year....
https://knews.kathimerini.com.cy/en/news/13-year-old-cyclist-injured-in-paphos-traffic-collision
A 13-year-old cyclist, who got injured in a traffic accident on Thursday afternoon at the roundabout where Ellados and Evagora Pallikaridi avenues intersect in Paphos, is currently being treated for a broken collarbone at Makarios Hospital in Nicosia....
https://knews.kathimerini.com.cy/en/news/dumping-dilemma-as-cyprus-struggles-to-break-the-cycle-of-illegal-waste
The problem of the existence of three illegal dumpsites in the Akamas community area has been trapped in a vicious circle of blame for years....
https://knews.kathimerini.com.cy/en/news/record-surge-in-loan-renegotiations-amidst-rising-interest-rates
Loan renegotiation in the Cyprus banking system spiked to record levels in the first half of 2023, driven mainly by the repeated interest rate hikes by the European Central Bank (ECB) in its effort to tackle soaring inflation....
https://knews.kathimerini.com.cy/en/business/pfizer-s-value-sinks-$144b-on-covid-changes
Pfizer has lost $88billion in market share and $144billion in value since its market peak in just one year as the drugmaker suffers a major hangover from the success of its COVID vaccine....
https://knews.kathimerini.com.cy/en/comment/opinion/alive-and-kicking-cyprus-political-system-under-the-spotlight
The recent public debate in Famagusta Municipality has become a vital reality check on the state of Cyprus' political system over time. The decision to invite Suleiman Ulutsai, the so-called mayor of Famagusta and a Turkish Cypriot vocal about Turkish actions in Varosha...
https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-reports-soaring-profits-amid-rising-interest-rates
Eurobank Cyprus posted soaring profitability after tax for the first half of 2023 with net profits approaching the profitability of full year 2022, due to rising interest rates and the high remuneration of its liquidity held at the ECB....
https://knews.kathimerini.com.cy/en/news/revolutionary-cancer-drug-kills-all-solid-tumors-leaves-healthy-cells-intact
Scientists have developed a holy grail cancer drug that kills all solid cancer tumors while leaving other cells unharmed....
https://knews.kathimerini.com.cy/en/news/ecb-dilemma-with-core-inflation-at-5-5
The European Central Bank (ECB) is almost certain to raise interest rates by 25 basis points in its meeting tomorrow, though what happens next is unclear....