https://knews.kathimerini.com.cy/en/business/ecb-announces-final-rate-cut-for-2024
The European Central Bank (ECB) has announced a 25 basis point reduction in interest rates, marking the fourth consecutive cut for 2024....
https://knews.kathimerini.com.cy/en/news/us-expands-cyprus-defence-role
US defence cooperation with Cyprus just took a significant step forward. Thanks to a new amendment to the US National Defence Authorization Act (NDAA), ...
https://knews.kathimerini.com.cy/en/news/cyprus-sees-slow-syrian-asylum-withdrawals-amid-ongoing-instability
The flow of Syrians requesting to withdraw their asylum applications in Cyprus remains low, despite the growing number of inquiries from individuals seeking information about the process. ...
https://knews.kathimerini.com.cy/en/business/moody-s-nick-hill-on-financial-risks-and-opportunities-for-2025
In an insightful conversation with Kathimerini's Panayiotis Rougalas, Nick Hill discusses the key macroeconomic risks and opportunities facing the region in 2025....
https://knews.kathimerini.com.cy/en/life/snapshots-of-an-otherworldly-presence
Andros Efstathiou's photography exhibition "Nicosia International Airport" opens on Friday, December 13th. ...
https://knews.kathimerini.com.cy/en/news/government-launches-mortgage-subsidy-to-ease-inflation-s-grip
The government of Cyprus is stepping up to help homeowners struggling with rising interest rates and inflation....
https://knews.kathimerini.com.cy/en/news/mazda-demio-cars-recalled-across-cyprus-over-passenger-airbag-issue
Mazda Demio cars imported into Cyprus from non-EU countries are being recalled due to a safety concern with their passenger airbags....
https://knews.kathimerini.com.cy/en/business/money-transfers-in-10-seconds-coming-to-cyprus
Starting on January 9, 2025, Cyprus will join the rest of the SEPA zone (33 countries) in offering instant bank transfers, revolutionizing how payments are made....
https://knews.kathimerini.com.cy/en/news/the-banker-bank-of-cyprus-wins-bank-of-the-year-award-again-for-2024
The Banker, one of the leading international publications focused on banking and finance, has named Bank of Cyprus the Bank of the Year in Cyprus in its 2024 awards....
https://knews.kathimerini.com.cy/en/business/europe-shines-in-global-race-for-smarter-power-grids-but-china-gains-ground
Europe is at the forefront of innovation in electricity grid technology, sharing the lead with Japan in global patent filings over the past decade....
https://knews.kathimerini.com.cy/en/news/kurdish-community-in-cyprus-calls-for-u-s-action-to-halt-turkish-attacks-in-syria
The Kurdish community in Cyprus called on the United States for help to stop attacks by Turkey and Ankara-backed groups in northern Syria....
https://knews.kathimerini.com.cy/en/business/december-newsletter-of-k-treppides-co-ltd-06-12-2024
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/news/‘business-as-usual-for-world-s-top-companies-as-they-get-ahead-of-mandatory-sustainability-reporting-rules
With mandatory sustainability reporting nearly upon us, new research from KPMG reveals the world’s biggest companies are taking a proactive approach, with a significant increase in businesses already publishing ESG data, including carbon reduction targets....
https://knews.kathimerini.com.cy/en/comment/opinion/the-surprising-rise-of-al-jolani-and-its-implications-for-syria-and-cyprus
No one expected that al-Jolani, a man who began his journey in the Salafi jihadism of al-Qaeda’s Syrian branch, would lead such a counteroffensive from the anti-Assad Sunni opposition....
https://knews.kathimerini.com.cy/en/business/geopolitical-pressures-threaten-2025-recovery
Speaking at the 20th Economist Conference in Nicosia, Nick Hill highlighted the macroeconomic and geopolitical challenges shaping the global financial environment....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-ceo-michalis-louis-on-merger-plans-and-cyprus-future
According to Kathimerini's Panayiotis Rougalas, Michalis Louis, in his first interview since becoming CEO of Hellenic Bank, discussed the challenges and opportunities ahead, especially in the context of the bank’s merger plans and its strategies for growth....
https://knews.kathimerini.com.cy/en/life/temu-s-tempting-deals-are-a-double-edged-sword-for-cypriot-shoppers
Temu, an emerging e-commerce platform, offers an extensive range of products, from gadgets and household goods to clothing and toys, at remarkably low prices....
https://knews.kathimerini.com.cy/en/business/minister-of-finance-outlines-plans-for-a-fairer-more-efficient-and-globally-competitive-tax-system
Speaking at an Open Discussion Event organized by the G.R.M. Professional Training Center at the St. Raphael Resort in Limassol, under the theme “The Upcoming Tax Reform in Cyprus: Purpose, Guidelines, and Timelines,” the Minister announced that a comprehensive meeting is planned for early 2025....
https://knews.kathimerini.com.cy/en/news/germany-and-netherlands-block-cyprus-s-push-to-link-eu-turkey-relations-with-cyprus-issue
Cyprus is facing roadblocks in its latest push to link EU-Turkey relations with progress on the Cyprus issue. ...
https://knews.kathimerini.com.cy/en/news/explore-the-sweet-side-of-cyprus-on-world-mountain-day
This December 11th, Cyprus invites locals and tourists to celebrate World Mountain Day 2024 by exploring its majestic Troodos Mountains and discovering the island’s rich biodiversity, culture, and local products. ...
https://knews.kathimerini.com.cy/en/news/cheers-and-tears-as-syrians-in-nicosia-and-limassol-celebrate-assad-s-fall
The streets of Nicosia and Limassol erupted with joy on Sunday as Syrian expatriates celebrated the collapse of Bashar al-Assad's regime. Waving flags,...
https://knews.kathimerini.com.cy/en/news/commission-approves-€2-6-million-agreement-with-undp-to-advance-cmp-efforts
The European Commission has entered into a €2.6 million partnership with the United Nations Development Programme (UNDP) to enhance the efforts of the Committee on Missing Persons in Cyprus (CMP)....
https://knews.kathimerini.com.cy/en/news/ft-eu-and-south-america-strike-historic-trade-deal-amid-controversy
The European Union and Mercosur, a bloc of four South American countries, have finalized a landmark trade deal after 25 years of negotiations. This agreement establishes a massive market of 700 million people, removing tariffs on over 90% of goods traded between the two regions....
https://knews.kathimerini.com.cy/en/news/italian-navy-frigate-luigi-rizzo-arrives-in-limassol-for-port-visit
The Italian Navy FREMM (European Multi-Mission Frigate) ''Luigi Rizzo'' has arrived in Limassol where she will spend a port visit for the next days, the Embassy of Italy in Cyprus announced....
https://knews.kathimerini.com.cy/en/business/cyprus-parliament-approves-limit-on-large-cash-transactions
Cyprus lawmakers have taken a significant step in tackling money laundering and illegal activities by approving a proposal to limit large cash transactions....
https://knews.kathimerini.com.cy/en/comment/opinion/didn-t-know-should-ve-asked
The Presidential Office appears to be in search of the 200 companies that have invested in Cyprus—a surprising development given the article published in "K" on November 24th....
https://knews.kathimerini.com.cy/en/news/commission-s-migration-challenge-syria-and-political-hurdles-complicate-new-eu-legislation
According to an article by Pavlos Xanthoulis, the European Commission, led by Ursula von der Leyen, prepares to unveil a new migration and refugee framework in February 2025, significant challenges loom, from escalating conflict in Syria to contentious legal and political disputes within the EU. ...
https://knews.kathimerini.com.cy/en/news/disagreement-among-disy-mps-over-strengthening-anti-corruption-authority
According to an article by Pavlos Neophytou, a clash has emerged within the Democratic Rally (DISY) party over the process and timeline for enhancing the Independent Authority Against Corruption....
https://knews.kathimerini.com.cy/en/news/nationally-funded-research-project-dynamo-to-redefine-energy-sharing-within-communities
The first meeting of the consortium for the DYNAMO project (Decentralized Energy Management Platform for Smart Communities) was recently held, launching the project which aims to redefine energy sharing and transactions within communities....
https://knews.kathimerini.com.cy/en/news/earthquake-rattles-cyprus-felt-strongly-in-nicosia
An earthquake measuring 4.9 on the Richter scale shook Cyprus shortly after 11:00 AM on Tuesday, with several buildings in the capital, Nicosia, reportedly evacuated as a precautionary measure....