https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-€508m-profit-for-2024
Bank of Cyprus has posted impressive results for 2024, reporting net profits of €508 million, marking a 4% increase from the previous year’s €487 million. The results reflect the bank's strong performance and growth, despite slight fluctuations in some areas....
https://knews.kathimerini.com.cy/en/news/struggling-families-at-risk-of-losing-homes-on-government-granted-land
Low-income households that received state-owned land to build their first homes now face the real threat of losing their properties to lenders, according to a damning report by the Audit Office of the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/audit-office-wants-big-changes-to-land-program-for-low-income-families
The Audit Office has called for a major revision of the Land Allocation Plan for low-income families....
https://knews.kathimerini.com.cy/en/news/dusty-skies-and-clear-views-a-mixed-weather-bag-for-cyprus
Good morning and happy Wednesday! Let’s talk weather—and heads up, there’s some fine dust in the air today, so take precautions if you're sensitive....
https://knews.kathimerini.com.cy/en/news/former-volunteerism-commissioner-seeks-judge-s-recusal-but-court-volunteers-to-stay-on-the-case
Former Commissioner for Volunteerism, Yiannakis Yiannaki, who faces eight charges of forgery and circulation of forged documents, appeared before the Nicosia District Court today with a new lawyer....
https://knews.kathimerini.com.cy/en/news/winter-weather-woes-as-elena-keeps-the-region-on-its-toes
The extended barometric system affectionately (or not) named ELENA is still calling the shots, bringing another round of quirky winter weather. ...
https://knews.kathimerini.com.cy/en/news/troodos-gets-its-white-christmas-thanks-to-elena
It looks like the holiday classic "I'm Dreaming of a White Christmas" got a real-life rendition in Troodos this year, as the mountain region woke up to a snowy wonderland late on Christmas Day. ...
https://knews.kathimerini.com.cy/en/news/barometric-low-bora-to-impact-region-in-weakened-form
The barometric low ''BORA'' is expected to affect the region from late tonight in a weakened form....
https://knews.kathimerini.com.cy/en/news/brrr-cyprus-shivers-as-winter-chill-persists
Brace yourselves—it’s another chilly day across the island as a lingering cold air mass continues to make its presence felt....
https://knews.kathimerini.com.cy/en/news/sunshine-showers-and-a-dash-of-thunder
Good morning, weather wanderers! A weak low-pressure system is dropping by for a visit, shaking things up just a tad....
https://knews.kathimerini.com.cy/en/news/dbrs-morningstar-cyprus-shows-strong-recovery-in-tackling-bad-loans
Cyprus is starting to see some positive shifts in its financial sector, particularly when it comes to tackling non-performing loans (NPLs) – loans that borrowers have stopped paying. ...
https://knews.kathimerini.com.cy/en/news/sunny-side-up-a-mix-of-clear-skies-and-scattered-showers-across-the-island
Today, it’s mostly clear skies across the island, with just enough clouds here and there to keep things interesting. Around midday, some of those clouds could get a little ambitious, ...
https://knews.kathimerini.com.cy/en/news/mild-temperatures-with-intermittent-showers-and-thunderstorms-expected
A weak low-pressure system is influencing the area today, bringing partly cloudy skies with intervals of thicker cloud cover. This morning, there’s a chance of isolated showers along the coast....
https://knews.kathimerini.com.cy/en/news/winds-die-down-as-clear-skies-return
Well, that didn’t last long! After a couple of pleasant breezy days, it's back to 'normalish' days with light to moderate winds....
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/breezy-skies-and-cooler-temperatures-bring-relief-to-cyprus
Today’s weather will bring plenty of sunshine, with a welcome break from the recent heat....
https://knews.kathimerini.com.cy/en/news/ecb-to-review-akel-s-proposed-bank-tax-amid-financial-concerns
The European Central Bank (ECB) is set to evaluate a proposed "windfall tax" on banks, commonly associated with the leftist political party AKEL, in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/meta-introduces-new-teen-accounts-for-instagram
Meta is rolling out a new ''teen account'' feature for Instagram users under 18, enhancing parental controls over their children's activity on the platform. ...
https://knews.kathimerini.com.cy/en/news/ft-china-set-to-hit-pwc-with-record-penalty-amid-evergrande-fallout
PwC China has informed its clients that it expects Chinese authorities to impose a six-month business ban starting as early as September, following its audit of the now-collapsed property developer Evergrande....
https://knews.kathimerini.com.cy/en/news/google-faces-potential-breakup-over-monopoly-findings
The U.S. Department of Justice is exploring the possibility of breaking up Google following a recent federal court ruling that found the tech giant guilty of violating antitrust laws....
https://knews.kathimerini.com.cy/en/news/google-faces-fines-for-spending-billions-on-default-search-engine-deals
A U.S. court has ruled that Google violated antitrust laws by persuading partners to set its search engine as the default on their devices. The fine to be paid by Google will be determined at a later date.
...
https://knews.kathimerini.com.cy/en/news/inland-temps-to-hit-42°c-today
The Department of Meteorology has issued a yellow warning for Monday, effective from 11 a.m. to 5 p.m......
https://knews.kathimerini.com.cy/en/comment/opinion/laughable-disclosures-as-cyprus-politicians-financial-woes-unveiled
Once again, this year’s financial disclosures from our members of parliament are filled with laughable and tragic statements. Marinos Sizopoulos must be having a hard time making ends meet, ...
https://knews.kathimerini.com.cy/en/news/yellow-heat-warning-issued-for-today
The meteorology department has issued a yellow warning for high temperatures, effective from 1:00 p.m. to 4:00 p.m. today. We're expecting the interior to reach a scorching 41 degrees Celsius....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-receive-upgrades-signal-economic-resilience
In a series of significant upgrades for Cypriot banks, Fitch Ratings has elevated the Bank of Cyprus and Hellenic Bank's credit ratings, underscoring a positive trajectory for the country's financial sector, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini....
https://knews.kathimerini.com.cy/en/news/fitch-elevates-hellenic-bank-s-credit-rating
Fitch Ratings has upgraded Hellenic Bank's Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+', with stable outlook and its Viability Rating (VR) to 'bbb-' from 'bb+'.
...
https://knews.kathimerini.com.cy/en/news/russian-assets-to-fund-ukraine-s-defense-against-russia
Leaders of the Group of Seven nations have struck a landmark agreement to extend a $50 billion loan to Ukraine, funded by interest earned on Russia’s immobilized central bank assets....
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/news/fun-in-the-sun-with-a-sprinkle-of-rain
Today, expect a mix of sun and clouds with intermittent bursts of excitement! Southern and eastern areas might see isolated showers or thunderstorms in the afternoon, while the west could also get a touch of rain. ...
https://knews.kathimerini.com.cy/en/news/dusty-skies-and-toasty-temperatures-ahead
Get ready to embrace a sprinkle of dust in the air, as predicted by our friendly Meteorological Service. ...
