https://knews.kathimerini.com.cy/en/business/eurobank-s-egg-enter-grow-go-wins-top-eban-award-for-2024
egg - enter grow go, Eurobank's business accelerator, has been awarded the prestigious distinction of Best Performing New EBAN Member 2024......
https://knews.kathimerini.com.cy/en/news/keravnos-continues-to-call-on-banks-to-slash-interest-rates
Finance Minister, Makis Keravnos, called on local banks to slash interest rates, emphasizing the urgency for change in the financial landscape. Keravnos's remarks come just before the European Central Bank's Governing Council convenes,...
https://knews.kathimerini.com.cy/en/news/israeli-settler-defies-us-sanctions-gains-community-aid-to-access-frozen-funds
For weeks after being sanctioned by the United States, Yinon Levi struggled to pay the bills, living at his farming outpost atop a hill in the occupied West Bank. But the Israeli settler’s problems didn’t last....
https://knews.kathimerini.com.cy/en/news/man-arrested-for-firing-shot-in-money-disagreement
A 21-year-old man reported to police yesterday an alarming incident outside the residence of a 38-year-old individual in Limassol....
https://knews.kathimerini.com.cy/en/business/cyprus-s-electricity-outlook-brightens-with-great-sea-interconnector
The presentation of the "Great Sea Interconnector" electricity cable viability study by ADMIE's leadership in Nicosia has reportedly left a positive impression...
https://knews.kathimerini.com.cy/en/business/unemployment-in-cyprus-hits-record-low-in-may
The downward trend in Cyprus' registered unemployment continued in May 2024, reaching historically low levels, according to data released by the Statistical Service of Cyprus on Wednesday....
https://knews.kathimerini.com.cy/en/news/new-banknotes-featuring-king-charles-released-in-the-uk
Banknotes bearing the portrait of King Charles III have been released into circulation for the first time today. ...
https://knews.kathimerini.com.cy/en/news/eurobank-takes-control-with-55-3-share-in-hellenic-bank
The European Central Bank (ECB) has given its approval for Eurobank to acquire a majority stake of over 50% in Hellenic Bank, marking a significant milestone in the banking landscape of Cyprus....
https://knews.kathimerini.com.cy/en/news/fti-bankruptcy-adds-to-woes-of-cyprus-tourism-sector
The recent bankruptcy of German tour operator FTI has sent ripples through the Cyprus tourism industry, highlighting both immediate concerns and long-term implications....
https://knews.kathimerini.com.cy/en/news/ukrainian-embassy-denies-zelensky-casino-purchase
The Embassy of Ukraine in the Republic of Cyprus has firmly denied allegations that Ukrainian President Volodymyr Zelensky has purchased a casino in Kyrenia. In a recent statement,...
https://knews.kathimerini.com.cy/en/comment/opinion/anastasiades-christodoulides-accused-of-derailing-talks
Time has its own meaning. The former president of DISY, Av. Neophytou, according to a report......
https://knews.kathimerini.com.cy/en/business/unpaid-debts-from-fti-touristik-bankruptcy-threaten-cyprus-hotels
The European tourism market has been jolted by the bankruptcy of FTI Touristik, a major German travel organiser. ...
https://knews.kathimerini.com.cy/en/business/profits-soared-in-cyprus-banking-sector-in-2023
The Cyprus banking sector experienced a significant surge in profitability by the end of 2023, as indicated by key financial indicators from the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/news/government-rejects-fti-group-s-bailout-plea-leading-to-bankruptcy
FTI Group, Europe’s third-largest travel provider, declared bankruptcy today following unsuccessful negotiations with the federal government, impacting 11,000 employees and tens of thousands of travelers currently on holiday or with future bookings....
https://knews.kathimerini.com.cy/en/news/dueling-visions-from-nicosia-s-mayoral-candidates
In the bustling streets of Nicosia, the race for mayoral office is heating up, with candidates Nikos Tornaritis and Charalambos Prountzos vying for the helm of Cyprus's capital city...
https://knews.kathimerini.com.cy/en/news/hackers-claim-560m-ticketmaster-accounts-breached
Ticketmaster owner Live Nation confirmed "unauthorised activity" on its database after a group of hackers said they had stolen the personal details of 560 million customers.
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https://knews.kathimerini.com.cy/en/news/government-clears-€564-2-million-in-outstanding-debts
The General Accounting Office of the Republic announced that a significant sum of €564.2 million has been cleared by the government from November 2013 to April 2024. This extensive effort aims to address outstanding debts owed to various government departments and agencies....
https://knews.kathimerini.com.cy/en/news/cdb-bank-partners-with-bank-of-new-york-mellon
cdbbank announces the beginning of its cooperation with the Bank of New York Mellon as correspondent bank. ...
https://knews.kathimerini.com.cy/en/news/cbc-reports-€209-1m-increase-in-deposits-for-april
Total deposits have recorded a monthly rise for the third consecutive month in April, as total loans dropped after two months of growth....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-non-performing-loans-drop-to-lowest-level-in-years
Total non-performing loans (NPLs) to banks have dropped below €2 billion, specifically to €1.9 billion. ...
https://knews.kathimerini.com.cy/en/news/cyprus-wins-imf-praise-for-strong-recovery
The International Monetary Fund (IMF) has praised Cyprus for its robust economic recovery and fiscal discipline, recommending continued efforts......
https://knews.kathimerini.com.cy/en/news/ecb-to-implement-first-interest-rate-cut
The European Central Bank (ECB) is poised to execute its much-anticipated rate cut, scheduled to take effect on Thursday, June 6, 2024....
https://knews.kathimerini.com.cy/en/news/med9-ministers-align-on-crisis-strategies-for-agriculture
The Agriculture Ministers of the MED9 group called for enhancement and promotion of crisis measures in the context of the Common Agricultural Policy......
https://knews.kathimerini.com.cy/en/news/government-moves-to-license-casino-at-controversial-airport
The ''government'' in the Turkish-occupied northern part of Cyprus is reportedly moving forward with plans to grant a ''license to operate'' a casino within the controversial Tympou airport, according to the local newspaper Avroupa....
https://knews.kathimerini.com.cy/en/comment/opinion/akel-accused-of-anti-european-populism-ahead-of-elections
In the past week, Annita Demetriou presented DISY's positions for the European elections while launching a simultaneous offensive against AKEL....
https://knews.kathimerini.com.cy/en/business/1-may-newsletter-of-k-treppides-co-ltd-cyprus-securities-and-exchange-commission-european-securities-and-markets-authority
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/laura-kovesi-there-are-no-clean-countries-in-the-eu
The head of the EPPO (European Public Prosecutor's Office) and the first EU Prosecutor General, Laura Kövesi, spoke with ''K'' during her visit to Cyprus for an event organized by the Department of Legal Science at the University of Cyprus....
https://knews.kathimerini.com.cy/en/news/eu-lebanon-migration-deal-sparks-fury-over-alleged-pushbacks
A recent EU-Lebanon agreement has come under intense scrutiny from NGOs and Members of the European Parliament (MEPs), who decry its ''brutal border control'' measures aimed at facilitating the ''voluntary return'' of Syrian refugees to contested ''safe areas'' in Syria, according to a report by Pavlos Xanthoulis in today's printed edition of Kathimerini....
https://knews.kathimerini.com.cy/en/news/vasilikos-chinese-consortium-demanding-an-additional-200-million
The meeting between Cypriot President Nicos Christodoulides and the Chinese Ambassador in Nicosia has dimmed hopes for the completion of the Vasilikos terminal project, according to a report by Apostolos Tomaras in this Sunday's print edition of Kathimerini. ...
https://knews.kathimerini.com.cy/en/news/news-corp-teams-up-with-openai-for-content-sharing
Joining news organizations that have chosen to collaborate rather than fight with the best-known artificial intelligence company, News Corp. has struck a multiyear deal to share news content with OpenAI for both training purposes and to answer questions from users....
