https://knews.kathimerini.com.cy/en/news/athens-warns-nicosia-to-reverse-delays-in-power-grid-project
The ambitious electricity interconnection project linking Cyprus with the European power grids through Greece faces significant hurdles as tensions rise between Athens and Nicosia....
https://knews.kathimerini.com.cy/en/news/democrats-urge-biden-to-withdraw-from-2024-elections
In the wake of Joe Biden's recent debate with Donald Trump, Democratic pressures mount for the American president to be forthright about his health condition. Questions swirl about the responsibilities of his closest aides....
https://knews.kathimerini.com.cy/en/comment/opinion/why-building-a-home-is-rare-today
As discussed in our previous article, the housing landscape in our country is changing, with home ownership rates decreasing and aligning with the European average. ...
https://knews.kathimerini.com.cy/en/news/visually-impaired-paralympian-blocked-from-competing-due-to-uk-guide-dog-policy
A Paralympic swimmer set to compete in this summer’s Games says his career is at risk after post-Brexit policy changes barred him from flying in and out of the UK with his guide dog....
https://knews.kathimerini.com.cy/en/news/public-sector-doctors-to-strike-over-pay-dispute
Public sector doctors in Cyprus are set to embark on a 48-hour strike starting July 2, following failed negotiations with the State Health Services Organisation (SHSO) regarding the payment of accrued wages under an incentive agreement....
https://knews.kathimerini.com.cy/en/news/paphos-hoteliers-face-mixed-bag-of-occupancy-rates-in-june
The hotel industry in Paphos province experienced a varied start to June, gradually improving as the month progressed, according to Euripides Loizides, President of the Paphos Hoteliers Association....
https://knews.kathimerini.com.cy/en/business/cyprus-ship-registry-grows-amid-global-tensions
Cyprus’ ship registry experienced an increase in ocean-going vessels in the first half of the year, reversing a two-year decline due to geopolitical tensions impacting global shipping, Deputy Minister for Shipping Marina Hadjimanolis announced....
https://knews.kathimerini.com.cy/en/business/heatwave-halts-deliveries-stores-see-orders-plunge-by-up-to-80
A noticeable decrease in store order volume was caused by high temperatures and work stoppages following warnings from the Department of Labor Inspection....
https://knews.kathimerini.com.cy/en/news/assange-leaves-uk-for-australia-after-years-of-hiding-in-us-plea-deal
After a years-long legal saga, Wikileaks says that founder Julian Assange has left the UK after reaching a deal with US authorities that will see him plead guilty to criminal charges and go free....
https://knews.kathimerini.com.cy/en/news/philippine-foreign-secretary-strengthens-ties-in-cyprus
In a historic visit to Cyprus, Philippine Foreign Secretary Enrique A. Manalo met with Foreign Minister Constantinos Kombos to discuss strengthening bilateral relations between the two nations....
https://knews.kathimerini.com.cy/en/comment/opinion/from-academia-to-governance-cyprus-latest-deputy-minister
The establishment of Cyprus's Deputy Ministry of Immigration and International Protection coincided with a challenging period, influenced by the ongoing humanitarian crisis in neighboring Israel. ...
https://knews.kathimerini.com.cy/en/news/standard-poor-s-upgrades-bank-of-cyprus-rating
Standard & Poor’s (S&P) has upgraded Bank of Cyprus’ long-term issuer rating to BB+, just one notch below investment-grade status, and assigned a positive outlook. This comes shortly after the upgrade of Cyprus’ long-term rating to BBB+, also with a positive outlook....
https://knews.kathimerini.com.cy/en/news/cyprus-cuts-migrant-arrivals-by-50-earns-european-praise
Cyprus continues to grapple with a significant migration challenge, a situation that has evolved into a complex and multifaceted issue. ...
https://knews.kathimerini.com.cy/en/news/cbc-projects-3-gdp-growth-in-2024
The Central Bank of Cyprus has revised its 2024 forecast for GDP growth to 3%, from 2.8% that was expected last March, mainly due to the upward revision of domestic demand, while it maintained its forecast for growth in the years 2025 and 2026, at 3.1% and 3.2%, respectively....
https://knews.kathimerini.com.cy/en/news/cyprus-eyes-market-return-with-ten-year-bond
Cyprus is gearing up to re-enter the financial markets in the near future to capitalize on the recent positive momentum bolstering its economy....
https://knews.kathimerini.com.cy/en/news/pournara-from-3145-to-245-migrants-in-two-years
The influx of irregular migrants into Cyprus has markedly declined following stringent government measures. Illustrative of this trend is the Pournara accommodation center, ...
https://knews.kathimerini.com.cy/en/news/banks-blame-high-interest-rates-for-decline-of-new-loans
Loan demand continued to fall in the first quarter of 2024, with banks blaming high interest rates for the decline. ...
https://knews.kathimerini.com.cy/en/business/cyprus-faces-market-uncertainties-as-exit-plans-delayed-again
According to report by Panayiotis Rougalas in today's Oikonomiki, Cyprus faces a challenging time as it navigates plans to exit the financial markets. ...
https://knews.kathimerini.com.cy/en/news/political-turmoil-as-coalition-parties-face-electoral-setback
Clouds of uncertainty loom over the political landscape of Cyprus following the recent European elections, which saw significant losses for the co-governing parties. ...
https://knews.kathimerini.com.cy/en/news/cyprus-tourism-hit-by-may-slump
Banks caution against high expectations for new tourism records in Cyprus, citing a lackluster performance in May, according to a report by Panayiotis Rougalas on this Sunday's Kathimerini (9 June 2024)....
https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-bbb
Fitch Ratings has upgraded Cyprus' Long-Term Foreign Currency Issuer Default Rating from 'BBB' to 'BBB+' with a positive outlook....
https://knews.kathimerini.com.cy/en/business/passenger-traffic-up-at-larnaca-and-paphos-airports-amid-drop-in-hotel-bookings
Passenger traffic at Larnaca and Paphos airports increased by 4.26% in May 2024 compared to the same month in 2023, according to the Ministry of Transport, Communications and Works....
https://knews.kathimerini.com.cy/en/business/unemployment-in-cyprus-hits-record-low-in-may
The downward trend in Cyprus' registered unemployment continued in May 2024, reaching historically low levels, according to data released by the Statistical Service of Cyprus on Wednesday....
https://knews.kathimerini.com.cy/en/news/usa-wsj-op-ed-claims-biden-is-losing-competency
White House officials and President Biden's allies launched a vigorous defense against The Wall Street Journal on Wednesday after the outlet published a report suggesting the president is showing signs of cognitive decline in private meetings....
https://knews.kathimerini.com.cy/en/business/unpaid-debts-from-fti-touristik-bankruptcy-threaten-cyprus-hotels
The European tourism market has been jolted by the bankruptcy of FTI Touristik, a major German travel organiser. ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-vilification-of-entrepreneurship
In recent weeks, Kathimerini (''K'') has been delving into public procurement, an area that absorbs a significant portion of public funds. The focus was on the Nicosia perimeter road project, which holds crucial importance for the city....
https://knews.kathimerini.com.cy/en/news/cyprus-wins-imf-praise-for-strong-recovery
The International Monetary Fund (IMF) has praised Cyprus for its robust economic recovery and fiscal discipline, recommending continued efforts......
https://knews.kathimerini.com.cy/en/news/ecb-to-implement-first-interest-rate-cut
The European Central Bank (ECB) is poised to execute its much-anticipated rate cut, scheduled to take effect on Thursday, June 6, 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-ship-management-revenue-up-despite-global-challenges
Revenue from Cyprus' ship management industry rose by 2.4% in the second half of 2023, despite facing significant global challenges such as rising freight costs and geopolitical tensions, including disruptions in the Red Sea by Houthi forces....
https://knews.kathimerini.com.cy/en/news/nurses-unions-protest-in-cyprus-public-hospitals
The health sector in Cyprus is facing renewed turmoil, with public hospital staffing and the absence of collective agreements at the centre of contention....
