https://knews.kathimerini.com.cy/en/news/market-changes-eurobank-s-move-and-economic-struggles
Bank of Cyprus shares were delisted from the Athens Stock Exchange following the 2013 financial crisis and the turbulent merger with Laiki Bank, including the depositor haircut...
https://knews.kathimerini.com.cy/en/news/jamie-dimon-eyed-for-treasury-secretary-by-trump
Former President Donald Trump stated in an interview with Bloomberg that he has no intention of removing Federal Reserve Chair Jerome Powell from his position before Powell's term concludes....
https://knews.kathimerini.com.cy/en/comment/opinion/are-we-in-a-real-estate-bubble
The real estate market has been steadily rising since 2015, marking the ninth consecutive year of growth in the sector. However, this broad trend has not been without fluctuations, particularly influenced by the economic disruptions of the pandemic era. Monthly analyses of transaction numbers and volumes from this platform illustrate these ups and downs....
https://knews.kathimerini.com.cy/en/news/gunman-acted-alone-in-trump-rally-attack-fbi-says
A 20-year-old man who attempted to assassinate former President Donald Trump at a rally on Saturday first drew attention from law enforcement when spectators noticed him acting strangely outside the event....
https://knews.kathimerini.com.cy/en/news/domestic-violence-cases-on-the-rise-in-cyprus
Reports of domestic violence in Cyprus have seen a significant rise, with incidents reaching alarming numbers, Justice and Public Order Minister Marios Hartsiotis told a parliamentary committee on Monday....
https://knews.kathimerini.com.cy/en/business/ice-cream-prices-melt-wallets-by-8-07-more
As temperatures rise, so do the prices of summer essentials in Cyprus, with ice creams, package holidays, and hotel stays seeing noticeable hikes compared to last month, according to data released by the Cyprus Consumers Association....
https://knews.kathimerini.com.cy/en/news/cbc-to-keep-dividends-low-despite-bank-profits
The increased profitability of Cypriot banks, will not affect the supervisory authorities’ views over the necessity to maintain a prudent policy with respect to banks’ dividend payments, the Central Bank of Cyprus said in its annual report for 2023, published on Wednesday....
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+'.
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https://knews.kathimerini.com.cy/en/news/cyprus-higher-education-sees-doubling-of-student-enrollment-over-past-decade
Health Minister Michalis Damianos praised the dramatic growth of Cyprus' student population during a graduation ceremony at the University of Frederick in Nicosia on Friday....
https://knews.kathimerini.com.cy/en/comment/opinion/rentals-rise-as-home-ownership-trends-change
Around 20-25 years ago, Cyprus was renowned for having one of the highest rates of home ownership globally, with figures nearly reaching 78% - 80%, as per the data available then....
https://knews.kathimerini.com.cy/en/news/cyprus-meets-trafficking-standards-us-state-department-report
The Government of the Republic of Cyprus fully meets the minimum standards for the elimination of trafficking, the State Department said in its report regarding "In Persons Trafficking"....
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/news/government-extends-subsidies-to-ease-cost-of-living-crisis
The Cabinet approved a proposal on Wednesday by Finance Minister Makis Keravnos to extend measures aimed at compensating for the living costs of Cypriot households. Government Spokesperson Konstantinos Letymbiotis announced the decision following the Cabinet meeting....
https://knews.kathimerini.com.cy/en/news/wife-sues-lawyer-lytras-over-alleged-violence
Authorities are seeking to arrest criminal lawyer Apostolos Lytras, 52, following a lawsuit filed by his wife, Sofia Polyzogopoulou, on Wednesday....
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/domestic-dispute-in-paphos-ends-in-murder
A domestic dispute in Paphos ended in murder Friday morning, police said....
https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-shrinks-by-€708-million
The trade deficit in Cyprus decreased by €708 million in January-April 2024 compared to the same period in 2023, driven by a significant 18.4% drop in imports, according to the Statistical Office....
https://knews.kathimerini.com.cy/en/news/gantz-resigns-from-war-cabinet-over-gaza-strategy
Benny Gantz, Israel's war cabinet minister, announced his resignation from Prime Minister Benjamin Netanyahu's emergency government, citing dissatisfaction with Netanyahu’s approach to the ongoing conflict with Hamas in Gaza....
https://knews.kathimerini.com.cy/en/news/far-right-surges-in-european-elections
In a dramatic turn of events, far-right parties across Europe have secured significant gains in the recent EU elections, particularly in Germany and France. ...
https://knews.kathimerini.com.cy/en/news/greek-olive-oil-producers-reject-bulk-sales-thrive-in-export-market
They knew the easy way. They could have effortlessly sent their oil in bulk to Italy....
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-could-offset-ecb-rate-cut-benefits
The European Central Bank (ECB) cut its three key interest rates by 25 basis points on Thursday, marking the first reduction after nearly two years of increases or stasis. ...
https://knews.kathimerini.com.cy/en/business/profits-soared-in-cyprus-banking-sector-in-2023
The Cyprus banking sector experienced a significant surge in profitability by the end of 2023, as indicated by key financial indicators from the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/news/nasa-s-new-rocket-set-to-cut-mars-journey-to-just-60-days
Recently, NASA announced it was funding a revolutionary high-thrust rocket — called a Pulsed Plasma Rocket — that could make crewed missions to Mars in just two months....
https://knews.kathimerini.com.cy/en/news/cbc-reports-€209-1m-increase-in-deposits-for-april
Total deposits have recorded a monthly rise for the third consecutive month in April, as total loans dropped after two months of growth....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-non-performing-loans-drop-to-lowest-level-in-years
Total non-performing loans (NPLs) to banks have dropped below €2 billion, specifically to €1.9 billion. ...
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/government-seeks-new-investor-for-larnaca-port
After prolonged negotiations, the government has reached a resolution with the consortium tasked with revamping the port and marina of Larnaca......
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-leader-s-australian-diplomatic-debut-shadows-population-data-discrepancy
Ersin Tatar, the first Turkish Cypriot leader to visit Australia, made headlines as he embarked on a significant diplomatic mission. Reports from the "presidency" reveal that Tatar recently toured the country, marking a pivotal moment in Turkish Cypriot-Australian relations....
https://knews.kathimerini.com.cy/en/comment/opinion/labor-shortage-hits-antiparos-island
The small Aegean island of Antiparos is in a fever of preparations for the summer’s tourism miracle. ...
https://knews.kathimerini.com.cy/en/news/funeral-plans-set-for-raisi-and-officials-after-helicopter-crash
Funeral ceremonies are set to begin on Tuesday for the late Iranian President Ebrahim Raisi following his death in a helicopter crash, as authorities probe what caused the aircraft to smash into the side of a remote mountainside during foggy weather on Sunday morning....
