https://knews.kathimerini.com.cy/en/news/mayors-take-on-eco-warriors-in-akamas-showdown
In a heated dispute, the municipalities of Polis Chrysochous and Pegeia are vehemently protesting against the interference of various environmental organizations....
https://knews.kathimerini.com.cy/en/news/hellenic-bank-rakes-in-€240-7m-in-2023-s-first-9-months
Hellenic Bank announced on Tuesday a profit of €240.7 million for the first 9 months of 2023....
https://knews.kathimerini.com.cy/en/business/november-newsletter-of-k-treppides-co-ltd-financial-conduct-authority-fca
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...
https://knews.kathimerini.com.cy/en/business/nicosia-s-one-stop-shop-sparks-green-line-trade-revolution
The European Commission has taken a significant step in facilitating cross-border trade with the introduction of the EU One Stop Shop (EU OSS) for Green Line trade, located in the vibrant city of Nicosia....
https://knews.kathimerini.com.cy/en/business/consumers-asked-to-roll-with-it-as-toilet-paper-surges-and-fresh-fish-takes-a-dive
In October, the cost of toilet paper surged by 17.4% compared to September, while fresh fish prices experienced a corresponding decrease of 17.4%, as per the Consumer Protection Agency's Consumer Price Watch report. ...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-spike-in-economic-uncertainty-amidst-regional-conflict
After a relatively stable six-month period, economic uncertainty in Cyprus experienced a notable surge in October, with the Economic Policy Uncertainty (EPU) index reaching an estimated 256.63, compared to its September value of 202.84....
https://knews.kathimerini.com.cy/en/news/creditors-dispute-foreclosure-laws-and-strategic-defaults
Creditors reluctantly agree to extend the freeze on main residence foreclosures up to €350k, but tensions arise over proposed legislative changes....
https://knews.kathimerini.com.cy/en/news/cyprus-eyes-$1-22-billion-for-electric-cars
Cyprus is set to undergo a transformative phase with its revised Recovery and Resilience Plan, valued at $1.22 billion....
https://knews.kathimerini.com.cy/en/news/cyprus-unveils-bold-housing-policy-boost
In a strategic move to spur affordable housing development, the Cyprus government introduces a groundbreaking housing policy....
https://knews.kathimerini.com.cy/en/business/leaked-documents-expose-payments-of-german-journalist-through-cyprus
In a joint investigation by Der Spiegel magazine and German public television ZDF, conducted in collaboration with the International Consortium of Investigative Journalists under the project ''Cyprus Confidential,''...
https://knews.kathimerini.com.cy/en/news/finance-minister-perturbed-over-cyprus-confidential
Finance Minister Makis Keravnos expressed dismay over the revelations in ''Cyprus Confidential,'' emphasizing concerns about ongoing portrayals of Cyprus as a problematic financial and investment destination....
https://knews.kathimerini.com.cy/en/news/dp-world-sets-sail-with-31-ships-and-48-000-passengers
In a remarkable achievement, DP World Limassol experienced its highest monthly passenger traffic since assuming control of the terminal in 2017. October witnessed the arrival of 31 cruise ships, hosting a whopping 48,000 passengers, showcasing the port's growing significance in the cruise....
https://knews.kathimerini.com.cy/en/comment/opinion/abraham-s-tinderbox
I’ll begin by clearly condemning Hamas and its terrorist thugs and express grief at the horrors inflicted on innocent Israeli civilians on 7 October....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-grows-strong-at-2-5-in-q3-2023
Good news for Cyprus! The country's economy had a solid growth spurt, reaching 2.5% in the third quarter of 2023. That's better than the same time last year. ...
https://knews.kathimerini.com.cy/en/business/nicosia-mall-reveals-ambitious-plans-for-limassol-shopping-center
In a recent announcement, Nicosia Mall disclosed its intentions for the forthcoming opening in Limassol. ...
https://knews.kathimerini.com.cy/en/comment/opinion/michalis-persianis-the-wet-firecracker
The Cyprus Confidential revelations turned out to be a 'petard mouille', a wet firecracker failing to generate the anticipated excitement. This disappointment surpassed the one we experienced when we photographed accountants, politicians, lawyers, and bankers up to their chests while in the nude....
https://knews.kathimerini.com.cy/en/news/pwc-s-secret-dance-with-russian-oligarchs-revealed
Another episode is unfolding that stains Cyprus' name on a global scale. This time, it's not about the Naturalization Program or "golden passports" but centers on sanctions imposed on Russian oligarchs since Russia invaded Ukraine in February 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-confidential-unveils-scandalous-financial-ties
The ICIJ investigation reveals that PwC Cyprus collaborated with at least 12 Russians under Western sanctions, aiding in wealth transfer during Russia's annexation of Crimea and the Donbass war....
https://knews.kathimerini.com.cy/en/news/e-kalathi-s-game-changing-bill-on-the-house-floor
Before the House Trade Committee, the bill proposing the creation of the e-kalathi electronic platform was revisited, with no external attendees.
...
https://knews.kathimerini.com.cy/en/news/cyprus-gears-up-for-icij-bombshell-on-russian-ties
The government is on high alert due to the announcement of a documentary by the ICIJ on the Cypriot Investment Program and its relations with Russian oligarchs....
https://knews.kathimerini.com.cy/en/news/will-black-friday-s-shopping-basket-be-lighter-this-year
The November market outlook differs this year....
https://knews.kathimerini.com.cy/en/news/assessing-george-papanastasiou-s-9-month-energy-impact
Last March, when the newly elected President of the Republic, Nikos Christodoulides, announced his Cabinet, one portfolio that drew attention was the Ministry of Energy....
https://knews.kathimerini.com.cy/en/news/boc-reports-€349-million-in-profits-plans-employee-bonuses-for-2024
In a significant financial turnaround, Bank of Cyprus reported a notable profit of €349 million for the nine months ending September 30, 2023, marking a substantial improvement from the €19 million loss in the same period last year. ...
https://knews.kathimerini.com.cy/en/business/russian-tycoons-secure-bargains-as-multinationals-retreat
In the post-Ukraine war era, a unique trend is shaping Russia's business landscape. Big Western players like McDonald's, Ball Corp., and Henkel AG made a swift exit, leaving behind a $21 billion void. Enter a new generation of Russian business leaders, seizing opportunities amidst the multinational exodus....
https://knews.kathimerini.com.cy/en/business/eurozone-economic-snapshot-november-13-2023
Inflation in the Eurozone, which stood at 10.6% in October 2022, has decreased to 2.9% in October 2023, sparking optimism among central bankers....
https://knews.kathimerini.com.cy/en/news/elizabeth-mccaul-unveils-hidden-financial-dangers
A strong signal highlighting the need for closer scrutiny of non-bank financial institutions comes from Frankfurt, as Elizabeth McCaul, a member of the European Central Bank's Supervisory Board, emphasizes the potential risks....
https://knews.kathimerini.com.cy/en/news/electronic-ids-set-to-transform-citizen-services
Before the end of the current year, citizens and various professional groups will benefit from the use of electronic identity and electronic signatures in several government services, said Philippos Hadjizacharia, the Deputy Minister of Research, Innovation, and Digital Policy, during his speech at the 19th annual Economist Conference in Nicosia.
...
https://knews.kathimerini.com.cy/en/news/minister-unleashes-4-boost-for-retirees
In a significant move to enhance the well-being of pensioners, Labor and Social Insurance Minister Yiannis Panayiotou declared a nearly 4% increase in basic pensions for the upcoming year....
https://knews.kathimerini.com.cy/en/business/business-booms-and-busts-in-cyprus
Newly released data from Eurostat, the statistical service of the European Union, provides insights into the business landscape in 2021. The rate of "enterprise births"...
https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-swells-as-imports-surge-in-2023
Cyprus faces a growing trade deficit, reaching €6,490.8 million in January-September 2023, a €685.1 million increase from the same period in 2022, reports the Statistical Service of Cyprus. Total imports surged by 12.7% to €9,756.5 million, with exports rising by 14.6% to €3,265.7 million during the same period....
