https://knews.kathimerini.com.cy/en/news/vafeades-pushes-for-high-speed-train-linking-three-cities-but-eu-won-t-fund-it
Minister of Transport, Communications and Works, Alexis Vafeades, is examining the possibility of connecting Nicosia, Larnaca, and Limassol through “a type of train, ideally a high-speed train.” ...
https://knews.kathimerini.com.cy/en/news/alpha-bank-completes-the-acquisition-of-astrobank-s-banking-operations-in-cyprus
Alpha Bank announces the successful completion of the acquisition of substantially all assets and liabilities of AstroBank Public Company Ltd (“AstroBank”), through its subsidiary Alpha Bank Cyprus Ltd (“Alpha Bank Cyprus”) and other Group entities, following the receipt of all required regulatory approvals (the “Transaction”)....
https://knews.kathimerini.com.cy/en/comment/opinion/the-foundations-of-a-just-tax-reform
There was a time when taxation meant more than the simple collection of revenue. It signified the bond between citizen and state, the collective commitment to common prosperity, the proper ordering of obligations among those living together in a political society....
https://knews.kathimerini.com.cy/en/news/sarkozy-jailed-gets-five-years-in-libya-funding-case
Former French President Nicolas Sarkozy has been sentenced to five years in prison after a court found him guilty of running a criminal conspiracy and accepting illegal campaign money from Libya’s late leader Moammar Gadhafi....
https://knews.kathimerini.com.cy/en/news/nicolas-sarkozy-convicted-over-gaddafi-linked-election-funding
Former French President Nicolas Sarkozy was accused of accepting millions of euros from former Libyan leader Muammar Gaddafi to fund his 2007 election campaign, and a Paris court has now found him guilty of criminal activity in connection with the deal....
https://knews.kathimerini.com.cy/en/business/eif-and-eurobank-join-forces-to-channel-€62-5-million-in-new-financing-to-cypriot-smes-and-start-ups
The European Investment Bank Group (EIB Group) today announced the first InvestEU Guarantee transaction in Cyprus, marking a major milestone in bringing EU-backed financing closer to Cypriot businesses....
https://knews.kathimerini.com.cy/en/news/greece-to-cyprus-make-up-your-mind-on-energy-link
Greece is pressing Cyprus to make up its mind about a major electricity project linking the island to Greece and Israel, after Cypriot Finance Minister Makis Keravnos publicly questioned whether the multibillion-euro plan is financially viable....
https://knews.kathimerini.com.cy/en/business/euromoney-bank-of-cyprus-named-best-bank-for-the-10th-consecutive-year
Euromoney, one of the leading international magazines focused on banking, finance and financial markets, has named Bank of Cyprus the Best Bank in Cyprus in its 2025 Awards for Excellence. This is the 10th year that Bank of Cyprus has been recognised by Euromoney as Cyprus’ Best Bank....
https://knews.kathimerini.com.cy/en/business/cyprus-to-plan-market-return-despite-global-uncertainty
Cyprus will begin planning its return to international financial markets in September, aiming for a fourth-quarter re-entry, officials confirmed....
https://knews.kathimerini.com.cy/en/business/deadlock-persists-over-crete–cyprus-power-cable-as-funding-deadline-nears
Tensions are mounting over the Crete–Cyprus electric interconnection (GSI) as a regulatory impasse resurfaces just weeks before a critical August funding deadline. ...
https://knews.kathimerini.com.cy/en/news/cyprus-taps-u-s-and-eu-defense-funds-to-strengthen-military
Cyprus is taking steps to strengthen its military capabilities with help from both the European Union and the United States, government officials announced on Wednesday, marking another sign of deepening strategic ties between Nicosia and Washington....
https://knews.kathimerini.com.cy/en/business/cyprus-considers-electricity-bill-surcharge-to-fund-€25-million-energy-project-payment
Cyprus is preparing to impose a temporary surcharge on electricity bills to fund a €25 million payment requested by Greece’s Independent Power Transmission Operator (ADMIE) for the Cyprus-Greece electricity interconnection project, energy officials told Parliament on Tuesday....
https://knews.kathimerini.com.cy/en/news/trump-offers-$30b-to-iran-ditch-the-enrichment
In a dramatic shift from bombs to diplomacy, the Trump administration is reportedly considering a bold new offer to Iran: up to $30 billion in foreign financing to help build a nuclear energy program, so long as Tehran agrees to give up uranium enrichment entirely....
https://knews.kathimerini.com.cy/en/business/long-term-government-bonds-face-growing-investor-pushback
Governments around the world are encountering unexpected resistance in the bond markets as long-term debt issuances increasingly struggle to attract investors, marking a break from years of routine fundraising....
https://knews.kathimerini.com.cy/en/business/cyprus-exits-eu-s-macroeconomic-imbalance-list-as-brussels-urges-reforms-in-innovation-energy-and-education
Cyprus is no longer considered a country with macroeconomic imbalances, the European Commission announced Wednesday in its 2025 Spring Package, marking a significant milestone in the nation’s post-crisis economic recovery....
https://knews.kathimerini.com.cy/en/news/shock-bills-football-fixes-a-u-turn-on-makarios-ave-cyprus-week-of-curveballs
From electricity bills getting a surprise bump to football clubs sliding past tax rules (again) and a Nicosia street project taking a literal U-turn, this week was full of plot twists. ...
https://knews.kathimerini.com.cy/en/news/eu-lawmakers-approve-tariff-hikes-on-russian-belarusian-agricultural-imports
The European Parliament voted Thursday to impose higher tariffs on fertilizers and select agricultural products from Russia and Belarus, aiming to curb the bloc’s reliance on imports from the two countries....
https://knews.kathimerini.com.cy/en/news/eac-chairman-admits-project-costs-overstated-downplays-need-for-tariff-hike
The Board of Directors of the Electricity Authority of Cyprus (EAC) is set to review potential electricity tariff adjustments this week, but EAC Chairman Giorgos Petrou said he does not expect a rate increase will be necessary....
https://knews.kathimerini.com.cy/en/news/cypriot-banks-on-the-rise-as-credit-upgrades-could-mean-cheaper-loans-for-all
Cypriot banks are starting 2025 on a high note, collecting credit upgrades from major international rating agencies and setting the stage for wider economic benefits that could reach the average citizen....
https://knews.kathimerini.com.cy/en/comment/opinion/why-london-s-real-estate-market-remains-one-of-the-most-liquid-in-the-world
London’s property market has long been considered a safe bet for investors. The reason? It’s all about liquidity. ...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-cuts-loan-rates-again-giving-borrowers-a-breather
Good news is finally landing in the inboxes of thousands of borrowers across Cyprus, as the Bank of Cyprus announced another interest rate cut that should make monthly loan payments a little easier to swallow....
https://knews.kathimerini.com.cy/en/business/president-unveils-brain-gain-campaign-and-silicon-valley-ties-at-economic-conference
Cyprus is aiming high with a bold economic strategy that puts young people, innovation, and foreign investment at the center of the island’s future....
https://knews.kathimerini.com.cy/en/news/paphos-airport-gears-up-for-new-vip-terminal
Soon, passengers flying through Paphos Airport will be able to enjoy a touch of luxury before takeoff, thanks to a brand-new VIP terminal that’s set to open by the end of 2025....
https://knews.kathimerini.com.cy/en/news/progress-in-motion-the-proposed-mall-of-limassol-is-a-planned-development-that-will-reshape-the-city-s-future
The proposed Mall of Limassol is poised to create a premier destination for shopping, dining and entertainment in Limassol....
https://knews.kathimerini.com.cy/en/business/€170-million-expansion-kicks-off-at-larnaca-and-paphos-airports
After years of planning and preparation, the expansion of Larnaka and Pafos Airports is officially underway. ...
https://knews.kathimerini.com.cy/en/business/consulco-s-lc-london-credit-aif-v-c-i-c-public-ltd-london-credit-fund-launches-compartment-c
Consulco is delighted to announce the launch of Investment Compartment C, the newest sub-fund of the London Credit Fund. ...
https://knews.kathimerini.com.cy/en/business/the-best-bank-to-ever-come-out-of-cyprus
The management of Hellenic Bank has set an ambitious goal for the new structure that will emerge in the coming months following its consolidation with Eurobank Cyprus....
https://knews.kathimerini.com.cy/en/business/march-newsletter-of-k-treppides-co-ltd-11-03-2025
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/over-€1-2-billion-in-russian-assets-frozen-in-cyprus-amid-ongoing-sanctions
In Cyprus, over €1.2 billion worth of Russian assets have been frozen, as part of Europe's broader effort to block Russian assets amid ongoing sanctions. ...
https://knews.kathimerini.com.cy/en/business/march-newsletter-of-k-treppides-co-ltd-06-03-2025
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. ...
