https://knews.kathimerini.com.cy/en/news/trump-offers-$30b-to-iran-ditch-the-enrichment
In a dramatic shift from bombs to diplomacy, the Trump administration is reportedly considering a bold new offer to Iran: up to $30 billion in foreign financing to help build a nuclear energy program, so long as Tehran agrees to give up uranium enrichment entirely....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-sells-€75m-worth-of-paphos-property-to-exness
The Bank of Cyprus has closed a major property deal with fintech firm Exness, selling land worth €75 million in Paphos, sources confirmed to Kathimerini Cyprus....
https://knews.kathimerini.com.cy/en/news/cash-back-coming-as-2013-crisis-victims-set-for-payouts-in-2025
A long-awaited boost is on the way for individuals hit hardest by Cyprus’ 2013 banking crisis. On June 6, the National Solidarity Fund (NSF) Committee finalized the structure of the 2025 Loss Compensation Plan, set to roll out later this summer....
https://knews.kathimerini.com.cy/en/business/global-vc-investment-rises-in-q1-25-on-back-of-record-setting-$40-billion-open-ai-deal-according-to-kpmg-s-venture-pulse
Global VC investment surged from $118.7 billion in Q4’24 to an eleven-quarter high of $126.3 billion in Q1’25, despite ongoing geopolitical conflicts and tensions, continued concerns about global trade and tariffs, and the delay of a major reopening in the IPO market....
https://knews.kathimerini.com.cy/en/news/eu-court-rules-commission-broke-transparency-laws-by-withholding-von-der-leyen-s-pfizer-vaccine-texts
The European Union’s top court has overturned a decision by the European Commission to withhold text messages between Commission President Ursula von der Leyen and Pfizer CEO Albert Bourla, ruling Wednesday that no “plausible explanation” was given for denying access....
https://knews.kathimerini.com.cy/en/news/banana-container-concealed-€1-6m-in-cocaine-greek-authorities-say-video
Authorities in Thessaloniki have seized nearly 58 kilograms of cocaine hidden inside a shipping container carrying bananas from Ecuador, officials said Tuesday....
https://knews.kathimerini.com.cy/en/news/bomb-plot-suspect-nabbed-he-was-staying-in-an-airbnb
Greek police have arrested a 36-year-old man linked to Saturday’s deadly bomb blast outside a bank in Thessaloniki — and it turns out, he was staying in an Airbnb....
https://knews.kathimerini.com.cy/en/news/cyprus-slashes-prison-overcrowding-responds-to-eurostat-report
Prison overcrowding in Cyprus has dropped significantly, falling from 70% to 27% over the past year, the Justice Ministry said Monday....
https://knews.kathimerini.com.cy/en/news/1-stone-age-surprise-in-akamas-as-discovery-shakes-up-island-s-prehistoric-history
It turns out Akamas wasn’t the quiet backwater of ancient Cyprus after all. A new archaeological dig in the northwest part of the peninsula has unearthed artifacts so significant, they’re already changing the narrative on Cyprus’ early prehistory and could change how future development unfolds in the area....
https://knews.kathimerini.com.cy/en/comment/opinion/when-the-flames-start-to-lick-at-flesh-and-the-radicalization-of-young-men
What is happening with teenage and young men in our country, and across Europe more broadly? ...
https://knews.kathimerini.com.cy/en/business/cyprus-foreign-companies-pledge-30-local-workforce-by-2027
Cyprus has seen undeniable growth in foreign companies, and the economic benefits are clearly outweighing any potential downsides. ...
https://knews.kathimerini.com.cy/en/news/from-summer-hotspot-to-all-year-hub
Cyprus has big dreams, and according to Christos Angelides, General Manager of the Pancyprian Hotel Association (PASYXE), it’s going to take grit, vision, and a lot of teamwork to turn the island into a top-tier, all-year-round destination. But the potential? It’s definitely there....
https://knews.kathimerini.com.cy/en/news/trump-s-tariff-blitz-threatens-cyprus-push-for-u-s-investments
Former U.S. President Donald Trump’s dramatic declaration of a ''Liberation” Day'', marked by the sudden imposition of 20% tariffs on imports from the European Union, as well as from Japan, India, Switzerland and China, has sent shockwaves across global markets and ignited fresh fears of a prolonged U.S.-Europe economic standoff....
https://knews.kathimerini.com.cy/en/news/drugs-violence-and-fear-as-cyprus-schools-face-growing-crisis
Concerns are mounting over increasing drug use, violence, and delinquency in Cyprus' schools, with experts and officials warning that urgent action is needed....
https://knews.kathimerini.com.cy/en/business/consulco-s-lc-london-credit-aif-v-c-i-c-public-ltd-london-credit-fund-launches-compartment-c
Consulco is delighted to announce the launch of Investment Compartment C, the newest sub-fund of the London Credit Fund. ...
https://knews.kathimerini.com.cy/en/business/cyprus-economic-growth-faces-challenges-lenders-highlight-key-concerns
The Cypriot economy is showing strong signs of growth, with GDP expected to rise by over 3% and unemployment dropping below 5% in 2024. Private consumption continues to play a key role in driving this growth. ...
https://knews.kathimerini.com.cy/en/business/aegean-reports-strong-2024-results-with-record-revenue-and-passenger-growth
AEGEAN announces its operating and financial results for fiscal year 2024....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-hit-record-high-profits-despite-ecb-rate-cuts
Despite the European Central Bank (ECB) preparing for its sixth interest rate cut since June 2023, bank profits in Cyprus have soared, marking two consecutive years of record earnings. ...
https://knews.kathimerini.com.cy/en/business/hotel-dieu-de-france-expands-to-limassol
Investment in Limassol’s healthcare sector is gaining momentum, with the renowned Hôtel-Dieu de France hospital from Beirut set to establish a state-of-the-art medical center in the heart of the city....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-bold-overhaul-aims-to-boost-economy-but-sparks-debate
Cyprus is preparing to implement its first major tax reform in over two decades, aiming to modernize the tax system, boost competitiveness, and align with international standards....
https://knews.kathimerini.com.cy/en/news/is-cyprus-public-sector-too-large-hiring-freeze-lifted-amid-rising-costs
The Cyprus government is set to fully lift the ban on hiring permanent public sector employees, marking a significant shift from austerity measures imposed over a decade ago....
https://knews.kathimerini.com.cy/en/news/snow-in-the-netherlands-football-in-snowy-kyperounta-and-a-royal-visit-on-the-horizon
Yours truly is currently in the Netherlands, covering the upcoming state visit of the King and Queen of Denmark to Cyprus in early March....
https://knews.kathimerini.com.cy/en/news/christodoulides-unveils-ambitious-plans-in-state-of-the-union-address
President Nicos Christodoulides has outlined a sweeping reform plan for 2025, aiming to enhance governance, strengthen security, and accelerate digital transformation. ...
https://knews.kathimerini.com.cy/en/news/paphos-eoa-demands-demolition-of-illegal-latchi-tourist-complex
The Paphos Provincial Self-Government Organization (EOA) has filed a lawsuit to stop illegal construction at a tourist apartment complex in Latchi....
https://knews.kathimerini.com.cy/en/news/1-cyprus-moves-closer-to-energy-independence-as-drilling-begins-in-block-5
Excitement is building as drilling in Block 5 of Cyprus’ exclusive economic zone (EEZ) officially began on Friday. President Nikos Christodoulides announced the development with enthusiasm, highlighting its potential to position Cyprus as a key player in the European energy market....
https://knews.kathimerini.com.cy/en/news/uncontrolled-water-leak-at-mavrokolympos-dam-raises-fears-of-ecological-disaster
A significant and uncontrolled water outflow from the Mavrokolympos Dam in the Paphos region has raised alarm over potential ecological and agricultural consequences. ...
https://knews.kathimerini.com.cy/en/news/90-palestinian-prisoners-freed-as-hamas-releases-israeli-hostages
In an emotional scene early this morning, a jubilant crowd gathered in the West Bank as two buses carrying Palestinian prisoners passed through Beituniya on their way to Ramallah....
https://knews.kathimerini.com.cy/en/news/cyprus-talks-at-a-crossroads-un-warns-of-permanent-partition-or-possible-confederation
As Cyprus inches closer to a potential multilateral conference on its future—likely in early March—UN Secretary-General Antonio Guterres has laid out his vision and concerns in his latest reports....
https://knews.kathimerini.com.cy/en/news/transformative-projects-to-redefine-the-capital
The heart of Cyprus is beating stronger as Nicosia’s mayor, Charalambos Prountzos, unveiled a series of exciting projects that promise to transform the city....
https://knews.kathimerini.com.cy/en/news/2024-a-year-of-change-and-controversy-in-cyprus
2024 was a year of upheaval and drama for Cyprus, marked by significant changes, political reshuffling, court decisions, and constitutional challenges. The events listed below highlight some of the most important moments that defined the year.
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