https://knews.kathimerini.com.cy/en/news/finance-minister-coordinates-with-eu-trio-on-2025-presidency
Minister of Finance Makis Keravnos met in Luxembourg with his counterparts from Poland and Denmark regarding the preparation of the Cypriot......
https://knews.kathimerini.com.cy/en/news/2-2-million-visitors-since-varosha-s-reopening-tatar-says
Long-term goals for Varosha include the demolition and reconstruction of some buildings, as well as the renovation of others, which would contribute to the economy of the Turkish-occupied north, Turkish Cypriot leader Ersin Tatar said.
...
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/bridging-divides-celebrating-german-unity-day-in-cyprus
Last night, the German Embassy in Cyprus hosted a vibrant reception at Chateau Status to celebrate the 34th anniversary of German Unity Day....
https://knews.kathimerini.com.cy/en/news/cyprus-projects-€1-13-billion-fiscal-surplus-for-2025
Cyprus is on track to achieve a fiscal surplus of €1.13 billion in 2025, amounting to 3.3% of GDP, according to the state budget presented to the House of Representatives on Thursday. ...
https://knews.kathimerini.com.cy/en/news/cyprus-must-embrace-unity-to-find-peace-says-un-official
''If we hope for a settlement to the Cyprus issue, Cypriots must learn to live together on the island again,'' says UN Official Colin Stewart....
https://knews.kathimerini.com.cy/en/news/inflation-slows-to-0-7-in-september-due-to-falling-oil-prices
Inflation hit a three-year low due to the fall in oil prices in September 2024, rising at a rate of 0.7%, according to data released by the Statistical Service on Thursday. The Consumer Price Index (CPI) in September 2024 increased by 0.38 units to 118.48 units compared to 118.10 units in August 2024....
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/business/deloitte-cyprus-issues-its-annual-transparency-report-fostering-resilience-creating-enduring-value
Deloitte Cyprus issued its 13th Transparency Report covering the period from 1 June 2023 to 31 May 2024. ...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-hike-mortgage-rates-as-new-loans-drop-by-a-third-in-august
Banks in Cyprus raised the interest rates on home loans in August, while reducing the interest rates offered on household deposits, according to data released by the Central Bank of Cyprus on Wednesday....
https://knews.kathimerini.com.cy/en/news/switzerland-approves-border-change-italy-yet-to-finalize
Switzerland and Italy have redrawn part of their Alpine border due to the melting of glaciers, a result of climate change....
https://knews.kathimerini.com.cy/en/news/erdogan-reasserts-turkish-claims-on-cyprus-at-un
Turkish President Recep Tayyip Erdogan doubled down on Ankara's territorial claims over Cyprus during his address to the UN General Assembly, further complicating peace efforts aimed at resolving the long-standing Cyprus dispute....
https://knews.kathimerini.com.cy/en/news/china-abolishes-visa-requirement-for-cypriots
In a significant diplomatic development, China has officially abolished visa requirements for Cypriot nationals, marking a new chapter in the relationship between the two countries. ...
https://knews.kathimerini.com.cy/en/news/electricity-subsidies-and-zero-vat-on-essentials-to-end-on-october-1st
The Ministry of Finance announced today that starting October 1, 2024, it will stop the staggered electricity subsidy and the zero VAT rate on basic goods. These measures were designed to help households deal with rising costs of living....
https://knews.kathimerini.com.cy/en/business/cyprus-and-netherlands-finalize-double-taxation-treaty-for-curacao
Cyprus and the Netherlands have successfully concluded negotiations on a Double Taxation Treaty concerning Curacao, a Caribbean island that is part of the Kingdom of the Netherlands....
https://knews.kathimerini.com.cy/en/business/turkish-cypriot-leader-calls-for-foreign-investment
Turkish Cypriot leader, Ersin Tatar, encouraged business people to invest in his territory during the 15th Investment Conference held by the Turkey-US Business Council (TAIK). He stressed the importance of working together across different sectors for a sustainable future....
https://knews.kathimerini.com.cy/en/news/erdogan-pushes-for-recognition-of-occupied-north-at-un-assembly
Turkish President Recep Tayyip Erdogan urged the international community to recognize the Turkish Republic of Northern Cyprus during his address at the United Nations General Assembly on Tuesday....
https://knews.kathimerini.com.cy/en/comment/opinion/businesses-in-cyprus-can-benefit-economically-from-policies-for-fewer-cars
Cities worldwide are increasingly adopting pedestrian-friendly and bicycle-friendly policies, amid growing concerns over the climate crisis and the need to reduce air and noise pollution. ...
https://knews.kathimerini.com.cy/en/news/andreas-papaconstantinou-to-become-the-new-auditor-general
Cyprus President Nikos Christodoulides appointed Andreas Papaconstantinou as the Republic's new Auditor General.
...
https://knews.kathimerini.com.cy/en/news/cyprus-needs-new-strategy-to-grow-winter-tourism
According to an article written by Dorita Yiannakou in this Sunday's Kathimerini, this year has been a steady one for winter tourism in Cyprus, showing the sector’s strength despite various regional challenges....
https://knews.kathimerini.com.cy/en/news/first-student-housing-set-to-open-in-old-town-nicosia
The first student residence inside Nicosia’s walled city will open in November, offering 13 rooms as part of a larger plan to create 380 student spaces. ...
https://knews.kathimerini.com.cy/en/news/cypriot-loan-servicers-struggle-as-red-loans-hit-€21-2b
While non-performing loans (NPLs) in Cypriot banks are gradually declining, the situation remains dire for "red loans" held by loan acquisition companies, or "servicers." ...
https://knews.kathimerini.com.cy/en/news/oxford-and-cambridge-slip-from-top-university-rankings
In a surprising turn of events, the University of Oxford and the University of Cambridge have fallen to their lowest rankings ever in the UK’s prestigious university list....
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-falls-to-2-2-in-august
Inflation in Cyprus dropped to 2.2% in August, down from 2.4% in July, matching the overall trend in the eurozone. Across the EU, inflation also fell to 2.4%, compared to 2.8% the previous month, according to Eurostat. A year ago, inflation rates were higher, with Cyprus at 3.1% and the eurozone at 5.2%....
https://knews.kathimerini.com.cy/en/business/andreas-petsas-named-new-ceo-of-eurobank-cyprus
Eurobank Cyprus’ Board of Directors, decided to appoint Mr Andreas Petsas as a Member of the Board of Directors and as the Bank’s Chief Executive Officer (CEO), in a meeting held on 17 September 2024 in Nicosia....
https://knews.kathimerini.com.cy/en/news/aphrodite-gas-project-moves-to-new-phase-of-talks-from-january-2025
Chevron and the Republic of Cyprus have agreed to enter a four-month negotiation period to finalize plans for the development of the ‘Aphrodite’ gas field in Block 12 of Cyprus’ Exclusive Economic Zone (EEZ).
...
https://knews.kathimerini.com.cy/en/news/eurobank-and-india-collaborate-to-create-strategic-business-council
Mr. Ioannou raised concerns about whether the bank has a plan to maintain its strong profitability, which has largely come from rising interest rates......
https://knews.kathimerini.com.cy/en/news/groups-call-for-sanctions-and-boycott-of-israel-during-nicosia-protest
A protest took place Wednesday morning outside the "Doing Business with Israel" conference, organized by Invest Cyprus in Nicosia....
https://knews.kathimerini.com.cy/en/news/irs-experts-aid-cyprus-in-combating-money-laundering
In October 1931, notorious American gangster Al Capone was sentenced to 11 years in prison on five counts of tax evasion by the federal justice system, marking a pivotal moment in organized crime history in the U.S....
https://knews.kathimerini.com.cy/en/news/christodoulides-to-join-world-leaders-at-un-s-summit-of-the-future
Cyprus President, Nikos Christodoulides, is expected to participate in the Summit of the Future, a high-level global summit convened by the United Nations (UN), which will take place on Monday 23rd of September 2024 at the UNHQ in New York....
