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....
https://knews.kathimerini.com.cy/en/news/ecb-cuts-key-interest-rate-to-3-5-amid-slowing-inflation-and-growth-concerns
The European Central Bank (ECB) cut its key interest rate by 25 basis points to 3.5%, responding to slowing inflation in the Eurozone and concerns over weak growth. ...
https://knews.kathimerini.com.cy/en/business/second-quarter-first-half-2024-financial-results
AEGEAN announces its financial results for the Second Quarter and First Half of 2024.
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https://knews.kathimerini.com.cy/en/business/1-trade
Cyprus’ trade deficit dropped by 17% in the first seven months of 2024, falling to €4.31 billion compared to €5.19 billion during the same period last year, ...
https://knews.kathimerini.com.cy/en/news/putin-tries-to-help-trump-beat-harris-in-u-s-election-2024
Russia is intensifying its efforts to interfere in the 2024 U.S. presidential election, aiming to help Donald Trump defeat Vice President Kamala Harris, according to U.S. intelligence officials. ...
https://knews.kathimerini.com.cy/en/comment/opinion/it-s-a-cypriot-shipwreck
When the gold passport scandal began to emerge in the autumn of 2019, it quickly became clear that the naturalization of individuals like Joe Law was only the tip of the iceberg....
https://knews.kathimerini.com.cy/en/business/tuesday-is-cyprus-last-chance-to-end-its-energy-isolation
A crucial meeting in Nicosia on Tuesday hopes to resolve months of tensions surrounding the Israel-Cyprus-Crete electricity interconnection project, a key energy link between Europe and the Mediterranean....
https://knews.kathimerini.com.cy/en/news/israel-faces-mass-strike-amid-anger-over-hostage-deaths
A general strike threatened to shut down much of Israel on Monday as public anger erupted over the killing of six hostages in Gaza and frustration grew with Prime Minister Benjamin Netanyahu’s handling of the ongoing conflict with Hamas....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-illusion-of-prosperity-as-unemployment-numbers-mask-realities
In its analysis, the Central Bank of Cyprus notes that in the first quarter of 2024, unemployment fell to 6%, the lowest level since 2009....
https://knews.kathimerini.com.cy/en/news/police-under-investigation-after-bulgarian-in-paphos-killed-and-emergency-calls-ignored
Authorities are pursuing disciplinary action against four police officers following the brutal murder of 41-year-old Petya Krateva from Bulgaria, a resident of Paphos, allegedly by her former husband....
https://knews.kathimerini.com.cy/en/news/cyprus-follows-germany-s-lead-on-refugee-returns-to-syria
A recent Islamist terror attack in Solingen, which left three people dead, is prompting a reevaluation of Germany's migration policies ahead of upcoming national elections....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-report-€164-7-million-deposit-increase-in-july
Total deposits in Cyprus’ banks recorded a net increase of €164.7 million in July 2024, compared with a net decrease of €44.1 million in June 2024, according to figures released on Wednesday by the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/news/world-s-largest-solar-farm-approved-australia-to-export-energy-to-singapore
Australia has approved a $13.5 billion (A$20 billion) solar project that aims to transmit energy from a massive solar farm in the country's Northern Territory to Singapore via a 4,300-kilometer (2,672-mile) undersea cable.
...
https://knews.kathimerini.com.cy/en/news/ukraine-intensifies-fight-against-illicit-tobacco-trade
The illicit tobacco trade in Ukraine, one of Europe's most prominent black markets for cigarettes, is sending shockwaves through the economies of neighboring countries,...
https://knews.kathimerini.com.cy/en/news/president-christodoulides-breaks-away-from-party-politics
When the election results were announced on June 9, traditional political parties were left in a state of confusion, struggling to understand the surprising victory of Phidias Panayiotou....
https://knews.kathimerini.com.cy/en/life/today-is-dekapentavgoustos-a-day-of-faith-family-and-tradition
In Cyprus, August 15th, known as ''Dekapentavgoustos'', is one of the most significant holidays in the Greek Orthodox calendar, marking the Dormition (or Assumption as Catholics call it) of the Virgin Mary and her ascension to heaven....
https://knews.kathimerini.com.cy/en/news/rose-wine-trend-hits-cyprus-local-demand-and-imports-soar
Light and delicate, with aromas of flowers and fruits, these are just a few ways to describe Rosé Provence wines, which have recently become a global trend....
https://knews.kathimerini.com.cy/en/comment/opinion/christodoulides-un-meeting-move-raises-public-image-concerns
Turkish Cypriot leader Ersin Tatar abruptly halted anticipated developments in August by rejecting an invitation to a trilateral meeting, insisting that there was no common ground between the two sides.
...
https://knews.kathimerini.com.cy/en/news/women-entrepreneurs-hit-hard-by-turkey-s-instagram-shutdown
Turkey's decision to block access to Instagram has dealt a significant blow to female entrepreneurs who rely on the platform to market and sell products ranging from homemade cookies to baby bedding....
https://knews.kathimerini.com.cy/en/business/trade-deficit-slashed-by-20-in-2024-amid-falling-imports
Cyprus saw its trade deficit shrink by over 20% in the first half of 2024, according to the latest data from the Statistical Service. The trade deficit, which is the difference between what the country imports and exports, fell to €3.57 billion, down from €4.48 billion during the same period in 2023....
