https://knews.kathimerini.com.cy/en/news/banks-announce-1-interest-rate-reduction
Following the parliamentary approval of the state budget and Tuesday’s meeting at the Presidential Palace with the CEOs of Bank of Cyprus and Hellenic Bank, Finance Minister Makis Keravnos appeared on RIK’s program Challenges on Wednesday evening....
https://knews.kathimerini.com.cy/en/business/concerns-from-the-eib-regarding-the-electric-cable-project
Critical questions surrounding the electrical interconnection of Cyprus with the European electricity network through Greece have been raised in a letter from the Chamber of Engineers (ETEK) to the Ministry of Energy....
https://knews.kathimerini.com.cy/en/news/elpis-is-a-lifeline-for-victims-of-domestic-violence
The “ELPIS” application, designed specifically for victims of domestic violence at high risk, will become operational in the coming days....
https://knews.kathimerini.com.cy/en/comment/opinion/why-the-nato-debate-is-still-a-divisive-issue-in-cyprus
The NATO debate in Cyprus has always been polarizing. Unlike the real debate on membership in the North Atlantic Alliance—which requires preconditions and an invitation, not just an "application"—...
https://knews.kathimerini.com.cy/en/news/thanksgiving-travel-in-the-us-hits-record-highs
Thanksgiving is here, and so is the great American tradition of traveling to be with loved ones. ...
https://knews.kathimerini.com.cy/en/business/trump-plans-massive-tariffs-on-imports-from-mexico-canada-and-china
In his latest announcement, President-elect Donald Trump has proposed steep tariff hikes on goods coming from Mexico, Canada, and China, set to begin on the first day of his administration...
https://knews.kathimerini.com.cy/en/business/exxonmobil-and-qatar-energy-to-drill-two-new-wells-in-cyprus-offshore-gas-fields
ExxonMobil, in partnership with Qatar Energy, is planning to drill two more wells in Cyprus' offshore Blocks 5 and 10 early next year. ...
https://knews.kathimerini.com.cy/en/news/italian-village-offers-€1-homes-to-americans-following-u-s-elections
The small village of Ollolai in Sardinia is making a bold appeal to Americans, who, as non-European Union citizens, are being given preferential treatment in its latest campaign to attract new residents....
https://knews.kathimerini.com.cy/en/business/cyprus-floating-lng-unit-prometheus-finally-sets-sail-from-shanghai
After months of delays linked to the Vasilikos scandal, Cyprus' Floating Storage and Regasification Unit (FSRU) 'Prometheus' is finally set to leave Shanghai in early December. ...
https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-drops-by-€1-18-billion-as-imports-and-exports-decline
Cyprus’ trade deficit dropped significantly by 17.4%, or €1.18 billion, in the first nine months of the year compared to the same period in 2023, according to provisional data from the Statistical Service of Cyprus (Cystat). ...
https://knews.kathimerini.com.cy/en/comment/opinion/was-trump-really-the-only-option-for-the-working-class-in-2024
What makes a political comeback genuinely remarkable? Is it policy, charm, or a connection to the people? ...
https://knews.kathimerini.com.cy/en/business/sklavenitis-cyprus-completes-agreement-with-papantoniou-supermarkets
The agreement regarding the integration of PAPANTONIOU Supermarkets into the SKLAVENITIS Cyprus network has been successfully completed, following approval from the Commission for the Protection of Competition (C.P.C.)....
https://knews.kathimerini.com.cy/en/news/netanyahu-fires-defense-minister-gallant-amid-growing-political-tensions
Israeli Prime Minister Benjamin Netanyahu has dismissed Defense Minister Yoav Gallant after prolonged disputes on national security and domestic issues, further straining Netanyahu's coalition government....
https://knews.kathimerini.com.cy/en/news/cypriot-residents-travel-spending-hits-€2-23-billion-in-2023
Total travel spending by Cypriot residents, both within Cyprus and abroad, reached €2.23 billion in 2023, marking an 8.4% increase from 2022....
https://knews.kathimerini.com.cy/en/news/archaeologists-unearth-rare-medieval-findings-at-panagia-karmiotissa
Archaeologists in Cyprus have unveiled a significant array of medieval findings at the Panagia Karmiotissa site, marking a discovery of rare scale and importance, according to the Cyprus Department of Antiquities. ...
https://knews.kathimerini.com.cy/en/business/interdisciplinary-conference-on-domestic-violence-and-health-professionals-successfully-completed
The interdisciplinary conference co-organised by the Physiotherapy Program of the Health Sciences Department of University of Nicosia......
https://knews.kathimerini.com.cy/en/news/christodoulides-white-house-visit-reflects-us-cyprus-unity-ahead-of-us-election
The official visit of President Nikos Christodoulides to the White House today underscores the deepening strategic partnership between Cyprus and the United States. ...
https://knews.kathimerini.com.cy/en/news/new-eu-rules-open-cyprus-s-troubled-loan-market-to-foreign-investors
In a move that could reshape Cyprus's financial landscape, Parliament recently passed a European Directive that makes it easier for foreign investors to buy non-performing loans (NPLs) in the country....
https://knews.kathimerini.com.cy/en/comment/opinion/un-s-plan-for-expanded-cyprus-talks-faces-delays-ahead-of-2025-elections
The outcome of the informal dinner in New York, besides the attempt to intensify efforts to resolve the seven-year stalemate in the Cyprus issue, further underscored—especially with the statements from Christodoulides and Tatar after their return from the U.S.—the differing circumstances faced by the two leaders at a tactical level.
...
https://knews.kathimerini.com.cy/en/news/ecb-cuts-rates-again-as-eurozone-inflation-and-economy-struggle
The European Central Bank (ECB) has cut interest rates for the third time, marking the first consecutive reduction in 13 years....
https://knews.kathimerini.com.cy/en/news/israel-and-cyprus-in-talks-for-natural-gas-supply
The energy ministries of Israel and Cyprus are currently engaged in discussions aimed at potential cooperation in the energy sector, according to a report by S&P Global. ...
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/cyprus-ordered-to-pay-€12-000-in-custody-rights-case
The European Court of Human Rights ordered the Republic of Cyprus to pay 12,000 euro in non-pecuniary damage to Evangelia Zavridou, judging that the authorities violated her right to respect for private and family life....
https://knews.kathimerini.com.cy/en/news/over-1-600-domestic-violence-complaints-in-first-half-of-2024
The number of domestic violence complaints in Cyprus has steadily increased over the past five years, prompting concerns among authorities and advocates. ...
https://knews.kathimerini.com.cy/en/news/cyprus-worried-about-inflation-as-tensions-rise-between-israel-and-iran
The escalating conflict between Israel and Iran could disrupt global energy supply chains, with Cyprus likely to feel the effects....
https://knews.kathimerini.com.cy/en/news/eu-takes-cyprus-to-court-over-tax-law-delays
The European Commission has referred Cyprus, along with Spain, Poland, and Portugal, to the European Court of Justice for failing to implement the 2022 directive on a global minimum level of taxation for multinational corporations and large companies (Pillar 2 directive)....
https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-raises-2024-gdp-growth-forecast-to-3-5
The Central Bank of Cyprus (CBC) has revised GDP growth rate up by 0.5 percentage points for 2024, to 3.5%, compared to its forecasts last June, stressing that there does not seem to be any significant negative impact on investments from the conflict in the Middle East.
...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-have-€28-7-billion-in-cash-and-liquidity
The amount of liquidity in Cyprus's banking system rose to €28.7 billion in August 2024, according to the Central Bank of Cyprus (CBC). This increase was fueled by a growth in deposits alongside a decline in loans....
https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-new-party-launches-and-record-breaking-koupepi
While this column is mainly satirical and humorous, it has often been the first to reveal significant news, such as upcoming failures in the Larnaca marina and port projects and the Vasilikos terminal....
https://knews.kathimerini.com.cy/en/news/blue-homeland-doctrine-now-taught-in-turkish-schools
Turkish school textbooks now include explicit references to the "Blue Homeland" doctrine, though the maps traditionally used to define its geographic boundaries have been removed....
