https://knews.kathimerini.com.cy/en/news/millions-saved-in-cyprus-pension-reform
The saga surrounding multiple pensions remains in limbo, as two bills navigate the corridors of power, scrutinized by the Presidential office, Cabinet, and Parliament....
https://knews.kathimerini.com.cy/en/news/china-s-leader-targets-hungary-serbia-for-investments
Chinese leader Xi Jinping will spend most of his five-day tour in Europe this week in two small countries in the continent’s eastern half, a region that Beijing has used as a foothold for its expanding economic ambitions in Europe....
https://knews.kathimerini.com.cy/en/news/cyprus-bolsters-anti-money-laundering-arsenal
The Cyprus government has reaffirmed its steadfast dedication to upholding international standards in combating money laundering and terrorism financing, as outlined in a press release by the Presidency of the Republic....
https://knews.kathimerini.com.cy/en/business/new-ceo-for-cablenet-communication-systems-plc-in-cyprus
Ioannis Mavridis, a seasoned executive with over 20 years’ international experience in the banking and telecoms industries, will be assuming the role of CEO......
https://knews.kathimerini.com.cy/en/business/foreign-students-welcomed-into-labor-market
Labour Minister Yiannis Panagiotou announced on Tuesday the government's decision to enhance foreign students' access to the labor market, citing its significance in the country's development planning...
https://knews.kathimerini.com.cy/en/news/macron-declares-europe-is-mortal-calls-for-unity
The 27-country bloc needs to urgently rethink its defence and economic models to not fall behind its rivals, the French leader said.
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https://knews.kathimerini.com.cy/en/business/hellenic-set-to-acquire-cnp-in-multimillion-euro-deal
Everything appears to be proceeding smoothly, and it seems that CNP Cyprus will soon be under the ownership of Hellenic Bank....
https://knews.kathimerini.com.cy/en/news/president-advocates-for-innovation-centers-to-pursue-commercialization-and-self-financing
Centres of Excellence should pursue commercialisation aiming at self-financing, the President of the Republic, Nikos Christodoulides said at the inauguration......
https://knews.kathimerini.com.cy/en/news/cyprus-ends-2023-with-€918-7-million-fiscal-surplus
Cyprus's financial report card for 2023 is in, and it's showing some positive signs. According to the Statistical Service of Cyprus, the country ended the year with a fiscal surplus of €918.7 million. That's like having extra money left over after paying all the bills....
https://knews.kathimerini.com.cy/en/news/cyprus-government-under-fire-for-multiple-pension-issue
The ongoing debate over multiple pensions for former and current state officials has taken center stage in Cyprus, with the government facing criticism from political parties and the Audit Office....
https://knews.kathimerini.com.cy/en/news/4-million-euros-to-foster-turkish-cypriot-business-integration
The European Commission, in partnership with GIZ International Services, has initiated a two-year project aimed at bolstering private sector development within the Turkish Cypriot community and enhancing Green Line trade,...
https://knews.kathimerini.com.cy/en/news/imf-predicts-growth-and-lower-unemployment-rates
The Ministry of Finance welcomed, in a press release on Wednesday, the new estimates for Cyprus by the International Monetary Fund (IMF) as part of the World Economic Outlook (WEO)....
https://knews.kathimerini.com.cy/en/news/eu-acts-against-russian-owned-companies
The European Commission released guidelines on the implementation of the new article 5r of Council Regulation 833/2014 of the 12th package of restrictive......
https://knews.kathimerini.com.cy/en/news/cyprus-public-debt-declines-economic-outlook-brightens
According to a report by Panayiotis Rougalas, Cyprus is seeing a promising reduction in its public debt, with figures suggesting a return to 2019 levels....
https://knews.kathimerini.com.cy/en/news/middle-east-conflict-fuels-fear-of-$100-per-barrel
The recent Iranian attack on Israel serves as a stark reminder of the ever-shifting geopolitical dynamics in the Middle East, with potential ramifications extending......
https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/news/commonwealth-leaders-forge-path-to-ocean-sustainability
On Friday, April 19, 2024, Limassol will host the inaugural ministerial summit for the Oceans of the Commonwealth States....
https://knews.kathimerini.com.cy/en/news/cyprus-revokes-asylum-apps-of-syrians-travelling-via-occupied-areas
Following a meeting of the National Security Council at the Presidential Palace, Interior Minister Konstantinos Ioannou announced the immediate revocation...
https://knews.kathimerini.com.cy/en/business/what-economic-headlines-are-making-waves-this-week
Amidst a backdrop of economic shifts and global challenges, a series of key developments are shaping the financial landscape. ...
https://knews.kathimerini.com.cy/en/news/european-elections-add-twist-to-cyprus-polls
On June 9, Cyprus goes to the polls in the most complicated elections in its history as the European elections and the local government elections are held in parallel, following the reform passed by the Parliament....
https://knews.kathimerini.com.cy/en/news/children-can-now-testify-remotely-making-them-feel-safe
In a significant development, children can now testify as e-witnesses in cases of sexual violence, a remarkable achievement facilitated by ''The Children's House'' in Nicosia. ...
https://knews.kathimerini.com.cy/en/news/israel-fast-tracks-sea-interconnector-project
Israel’s authorities requested the acceleration of procedures for the implementation of the Great Sea Interconnector project (Greece-Cyprus-Israel), in the section of the Cyprus-Israel power linkup....
https://knews.kathimerini.com.cy/en/news/construction-at-cape-greco-monastery-marches-on-despite-municipal-opposition
After facing criticism for inaction over the construction of a monastery in the Natura area of Cape Greco, Mayor Christos Zannetos of Ayia Napa addressed the situation before the Parliamentary Environment Committee....
https://knews.kathimerini.com.cy/en/news/hatzigiannis-the-social-responsibility-of-banks-is-non-existent
Members of the Commerce Committee voiced disappointment following the responses provided by bank representatives regarding the installation of additional automatic teller machines (ATMs) to facilitate money withdrawals in communities....
https://knews.kathimerini.com.cy/en/news/finance-ministry-urges-applicants-for-2013-haircut-compensation
The Cyprus Finance Ministry is calling on all individuals and entities affected by the 2013 Cyprus bailout to submit their electronic applications for participation in the "Replenishment Scheme of the National Solidarity Fund."...
https://knews.kathimerini.com.cy/en/news/president-christodoulides-hails-financial-progress-with-new-cbc-governor
The appointment ceremony for the new governor of the Central Bank of Cyprus, Mr. Christodoulos Patsalides, occurred this morning at the Presidential Palace, with the President of the Republic, Mr. Nikos Christodoulides, in attendance....
https://knews.kathimerini.com.cy/en/news/cyprus-revamps-school-curriculum-to-address-financial-literacy-gap
In response to concerns over low financial literacy rates among Cypriots, highlighted in studies including the Central Bank's 2021 report, efforts to address the issue have been reignited. ...
https://knews.kathimerini.com.cy/en/news/audit-exposes-serious-issues-in-collecting-unpaid-taxes-in-cyprus
An audit report from the Tax Department for 2022 has uncovered a staggering accumulation of over €2.5 billion in arrears, with €1 billion considered unsecure due to delays in necessary measures, the Audit Service revealed....
https://knews.kathimerini.com.cy/en/news/controversial-raffle-lands-metropolitan-in-hot-water
Despite being deemed illegal by multiple government authorities, including the Ministry of Interior, the Department of Urban Planning......
https://knews.kathimerini.com.cy/en/news/authorities-stumped-on-declared-cash
The question of the whereabouts of over 90 million euros in cash allegedly spent by travelers arriving in Cyprus through Larnaca and Paphos airports in the last 15 months remains unanswered by competent state authorities....
