https://knews.kathimerini.com.cy/en/news/cyprus-president-returns-from-lebanon-with-promises-fulfilled
President Nikos Christodoulides' whirlwind journey to Beirut has drawn to a close, yet the true test of its impact lies on the horizon, amidst the waves. ...
https://knews.kathimerini.com.cy/en/comment/opinion/israel-s-dual-strikes-incite-global-concern
The recent Israeli strikes on a humanitarian organization in Gaza and the Iranian consulate in Damascus on April 1st are sending shockwaves through the already volatile region.
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https://knews.kathimerini.com.cy/en/news/cyprus-investment-association-unveils-€8-billion-in-projects
Members of the Cyprus Association of Large Investment Projects unveiled ambitious plans Thursday, highlighting 18 to 20 projects valued at over €8 billion. ...
https://knews.kathimerini.com.cy/en/news/officer-s-patrol-car-not-a-taxi-remark-preceded-woman-s-tragic-end
A police officer who conversed with 28-year-old Kyriaki over the phone before her tragic demise outside the Agii Anargyri Police Station has provided insights into his statement, ''the patrol car is not a taxi.''
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https://knews.kathimerini.com.cy/en/comment/opinion/the-fbi-in-cyprus
By enlisting the help of the FBI – as announced recently – Cyprus is making an effort to deal with the problem of corruption that has been a blight on the country’s reputation for so many years....
https://knews.kathimerini.com.cy/en/news/banks-february-deposits-rise-by-€65-4-million
Total deposits in February recorded a significant net increase by €65.4 million following a decrease of €366.0 million in the previous month......
https://knews.kathimerini.com.cy/en/news/cyprus-maritime-sector-advances-amidst-ambitious-goals
''Without a doubt, we take pride in the achievements of the past 60 years. Our ambition is to set even higher targets and strengthen the competitiveness of Cypriot shipping,...
https://knews.kathimerini.com.cy/en/news/woman-bound-and-threatened-by-masked-intruders
Yesterday, a woman in the community of Erimi, Limassol, experienced terror when four masked individuals entered her home, searching for money.
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https://knews.kathimerini.com.cy/en/business/business-loans-drop-home-loans-steady
The Central Bank of Cyprus reported on Wednesday that the net demand for corporate loans continued to decrease in the last quarter of 2023, marking a consistent downward trend since the first quarter of 2022, although at a slower pace than anticipated earlier in the year....
https://knews.kathimerini.com.cy/en/news/halloumi-and-pharma-propel-exports-to-€2-35-billion
Cyprus' main exports for 2023 included mineral fuels and oil, halloumi and pharmaceutical products, according to the Cyprus Statistical Service (CyStat).
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https://knews.kathimerini.com.cy/en/news/hungarian-government-insider-alleges-corruption-cover-up
Former Hungarian government insider turned oppositionist Peter Magyar released an audio recording on Tuesday, alleging top officials conspired to cover up corruption, adding a new layer to a scandal that has rocked Prime Minister Viktor Orbán's political stronghold....
https://knews.kathimerini.com.cy/en/news/white-house-faces-pressure-as-un-gaza-ceasefire-resolution-passes
The UN Security Council has passed a resolution urging a ceasefire in Gaza, a move that led to Israel canceling a high-level visit to Washington after the US abstained from the vote.
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https://knews.kathimerini.com.cy/en/news/european-commission-flags-trade-risks-for-cyprus-economy
The Cypriot economy is on a sound footing due to solid economic growth and declining inflation, but its high integration with EU and non-EU economies make geopolitical and trade tensions......
https://knews.kathimerini.com.cy/en/news/us-justice-department-sues-apple-for-its-smartphone-monopoly
The Justice Department has filed a wide-ranging antitrust lawsuit against tech giant Apple, alleging the company has established an illegal monopoly in the smartphone market,...
https://knews.kathimerini.com.cy/en/news/understaffing-woes-grip-cyprus-shipping-deputy-ministry
Cyprus' public sector, particularly the Ministry of Shipping, continues to grapple with significant understaffing issues, raising concerns about operational effectiveness....
https://knews.kathimerini.com.cy/en/business/cyprus-embraces-global-investment-with-its-bond-market-debut
In April 2024, the Republic of Cyprus is gearing up to enter the international bond markets, intending to issue a Euro Medium Term Note (EMTN) bond worth 1 billion euros....
https://knews.kathimerini.com.cy/en/comment/opinion/turkey-s-two-state-obsession-cyprus-peace-in-peril
Turkey's unwavering commitment, echoed by Mr. Tatar, to a two-state solution, cloaked in the veil of sovereign equality, stands today as the most formidable......
https://knews.kathimerini.com.cy/en/news/putin-wins-big-in-russian-election-despite-global-backlash
Russian President Vladimir Putin declared a sweeping triumph in the country's presidential election, despite widespread protests......
https://knews.kathimerini.com.cy/en/news/cabinet-allocates-€11-7m-for-training-and-job-opportunities
The cabinet greenlit two initiatives on Wednesday aimed at bolstering employment and training opportunities for 1,265 individuals who are currently unemployed....
https://knews.kathimerini.com.cy/en/news/filipino-seafarers-return-home-after-surviving-yemen-missile-attack
Eleven Filipino seafarers finally reached the shores of the Philippines on Tuesday, nearly a week after enduring a harrowing missile attack by Houthi rebels off the coast of Yemen....
https://knews.kathimerini.com.cy/en/news/kedipes-preps-for-major-loan-sell-off-boosting-cyprus-banks
In a strategic move to streamline its assets, KEDIPES is gearing up to offload a second batch of performing loans, hot on the heels of its €58 million deal with the Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/turkey-s-february-inflation-hits-67-07-raises-policy-concerns
Turkey's annual inflation rate surged to 67.07% in February, surpassing expectations and sustaining pressure for a stringent monetary policy. Finance Minister Mehmet Simsek acknowledged that inflation would remain high in the coming months due to base effects and the delayed impact of previous rate hikes....
https://knews.kathimerini.com.cy/en/business/the-€623-million-windfall-from-cyprus-shipping-industry
Kathimerini reporter Andreas Karamitas dives into the heartbeat of Cyprus' economy - the shipping industry. In a revealing exploration, discover how this vital sector pumped a staggering €623 million into the real economy solely through ship management in 2023. ...
https://knews.kathimerini.com.cy/en/news/central-bank-predicts-2-2-gdp-growth-in-2023
The Central Bank of Cyprus (CBC) expects GDP growth of 2.2% in 2023, compared to significant growth of 5.1% in 2022, while for the years 2024-26 it expects GDP growth of 2.6%, 3.1% and 3.2%, respectively....
https://knews.kathimerini.com.cy/en/news/cyprus-economic-growth-soars-2-5-for-2023
Cyprus' economic growth is estimated at 2.5% in real terms in 2023. At current prices, the Gross Domestic Product (GDP) is estimated to increase by 7.1%, according to the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/business/pillar-two-readiness-and-technology
As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...
https://knews.kathimerini.com.cy/en/news/labour-minister-eyes-growth-and-jobs-ahead
The Minister of Labour and Social Insurance, Yannis Panayiotou, notes a common approach for the development of the economy between the Government and the business community......
https://knews.kathimerini.com.cy/en/news/leaked-documents-reveal-extent-of-china-s-hacking-operations
A significant data breach has exposed over 570 files and documents related to Chinese hacking activities, shedding light on the scale and effectiveness of China's cyber espionage operations....
https://knews.kathimerini.com.cy/en/business/cyprus-cabinet-unveils-business-carbon-grants
The Cabinet approved on Wednesday a new grants scheme to encourage greenhouse gas emission reductions in businesses....
https://knews.kathimerini.com.cy/en/news/cyprus-government-achieves-significant-debt-reduction-in-2023
The Cyprus government reported that the island nation ended 2023 with a debt of €22.4 billion, constituting around 99% of the Republic of Cyprus' total debt. This marks a notable reduction of €689 million or 3% from the corresponding period in the previous year....
