https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-reports-€199-4m-profits-in-2023
Eurobank Cyprus unveiled its financial results for 2023, boasting a profit of €199.4 million, marking a significant increase of €105.1 million or 111% compared to 2022.
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https://knews.kathimerini.com.cy/en/news/cyprus-to-establish-diplomatic-mission-in-yerevan
In a significant diplomatic move, Foreign Affairs Minister Constantinos Kombos announced Cyprus's intention to establish a diplomatic mission in Yerevan following an official visit to Armenia....
https://knews.kathimerini.com.cy/en/news/future-ships-to-navigate-seas-without-crews
In what seems like a scene from science fiction, the future of ocean exploration is unfolding before our eyes....
https://knews.kathimerini.com.cy/en/news/cyprus-opens-sea-corridor-to-gaza-with-eu-and-us-support
Nicosia's initiative, since the beginning of the war in neighboring Israel, appears to be taking shape as Cyprus emerges as a humanitarian bridge for the suffering Palestinian people. ...
https://knews.kathimerini.com.cy/en/news/hotel-industry-faces-backlash-over-residence-fees
The inclusion of a residence tax within the framework of the green tax reform, affecting hotels, tourist accommodations, and Airbnb, is expected to trigger reactions within the hotel industry....
https://knews.kathimerini.com.cy/en/news/must-try-dining-gems-in-nicosia-for-tsiknopempti-revelry
Looking for the perfect spot to celebrate Tsiknopempti in Nicosia?...
https://knews.kathimerini.com.cy/en/news/kedipes-preps-for-major-loan-sell-off-boosting-cyprus-banks
In a strategic move to streamline its assets, KEDIPES is gearing up to offload a second batch of performing loans, hot on the heels of its €58 million deal with the Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-candid-year-one-address
In a televised address marking the completion of his first year in office, President Nikos Christodoulides highlighted the achievements and priorities of his administration. Emphasizing transparency and accountability, the President outlined the following key areas of focus:...
https://knews.kathimerini.com.cy/en/news/fuel-prices-soar-consumers-brace-for-double-blow
Fuel prices are on an upward trajectory week by week, with an approximate increase of 13 cents per liter. Speaking to Oriana Papantoniou on Diaspora News, Spor FM, Christodoulos Christodoulou,...
https://knews.kathimerini.com.cy/en/news/traffic-light-cameras-to-get-enhanced-surveillance
Cyprus is set to implement three new measures to improve its current photo-labeling system aimed at enhancing road safety. ...
https://knews.kathimerini.com.cy/en/news/interior-minister-calls-for-urgent-refugee-return-evaluation
Minister for the Interior Constantinos Ioannou raised the need to review the status of Syria as a safe or not destination for the purposes of returning of refugees and migrants, during his intervention at the Justice and Home Affairs Council of the EU, according to a press release....
https://knews.kathimerini.com.cy/en/business/shipping-deputy-ministry-finds-a-new-home-at-historic-nemitsa-factory
The Cyprus Deputy Ministry of Shipping is set to revamp its operational landscape with a state-of-the-art facility in Limassol. Following the Council of Ministers' approval to repurpose the former Nemitsa factory site, ...
https://knews.kathimerini.com.cy/en/news/nasa-s-ice-particle-strategy-to-combat-global-warming
NASA scientists have revealed a bold strategy to tackle climate change: deploying ice particles into the sky. ...
https://knews.kathimerini.com.cy/en/news/eu-mulls-tax-breaks-for-islands-nations-on-aviation-fuel
European Union nations are in talks to grant exemptions for a proposed EU-wide tax on aviation fuel, particularly favoring islands. A draft document from Belgium,...
https://knews.kathimerini.com.cy/en/news/texas-battles-largest-blaze-in-state-history-as-fire-torches-1m-acres
At least two people have lost their lives as massive wildfires tear through the Texas Panhandle, threatening homes, livestock, and livelihoods.
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https://knews.kathimerini.com.cy/en/news/government-celebrates-approval-of-migration-deputy-ministry-bill
''Today is a milestone for our country'' said the Minister of the Interior, Constantinos Ioannou, on Thursday, welcoming the approval of the bill......
https://knews.kathimerini.com.cy/en/news/eib-turns-down-funding-for-great-sea-interconnector-project
The European Investment Bank (EIB) has declined to finance the Great Sea Interconnector project, linking Cyprus, Greece, and Israel. Kyriakos Kakouris, EIB Vice President, confirmed the decision, stating that no new funding request has been submitted by the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/business/hotel-berengaria-€40m-revival-sparks-environmental-debate
Positively, the Environmental Authority has conditionally approved the revival and operation of Hotel Berengaria and the construction of houses in Prodromos....
https://knews.kathimerini.com.cy/en/news/eu-lawmakers-want-drivers-to-pass-medical-exams-every-15-years
European Union lawmakers are debating whether to require drivers to pass medical exams every 15 years to keep their licences, a proposal that has sparked backlash in France....
https://knews.kathimerini.com.cy/en/life/dimitra-explains-what-it-s-like-to-be-a-bee-mama
Dimitra Zakynthinos is a resident of central Athens and has a very particular approach to issues concerning the environment and our transition to the green era. ...
https://knews.kathimerini.com.cy/en/news/cyprus-farmers-deserve-fair-treatment-in-green-shift
The green transition is necessary, but in order for it to be fair and efficient, the reduction of farmers' incomes must be compensated with appropriate funding, Agriculture Minister Maria Panayiotou......
https://knews.kathimerini.com.cy/en/news/farmers-erect-barricades-confront-police-at-eu-summit
Tensions escalated between farmers and police in Brussels as agriculture ministers from the 27 EU countries convened today.
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https://knews.kathimerini.com.cy/en/news/putin-s-blackmail-fails-to-halt-green-transition
Ursula von der Leyen, the president of the European Commission, stated on Tuesday that Vladimir Putin's attempts at "blackmail" have backfired, hastening the EU's shift toward green energy. ...
https://knews.kathimerini.com.cy/en/news/italian-president-mattarella-s-historic-visit-to-cyprus-pics
President of the Italian Republic, Sergio Mattarella, will arrive in Cyprus this afternoon for an official visit scheduled for February 26-27. The visit holds historical importance ...
https://knews.kathimerini.com.cy/en/news/european-parliament-honors-navalny-amidst-food-inflation
The European Parliament will commemorate the life of Russian activist Alexei Navalny, featuring an address by his wife, Yulia Navalnaya, in its plenary session this week in Strasbourg......
https://knews.kathimerini.com.cy/en/news/cyprus-banks-push-for-green-standards-with-esg-certification
Artemis Credit Bureau, a subsidiary of the Association of Cyprus Banks, announced it will launch an interbank project for the corporate certification on ESG (Environmental – Social – Governance) criteria.
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https://knews.kathimerini.com.cy/en/news/meet-the-world-s-biggest-anaconda-discovered-in-the-amazon-at-26ft
In a jaw-dropping discovery, the world's largest snake has been unearthed in the depths of the Amazon Rainforest....
https://knews.kathimerini.com.cy/en/news/imperio-leads-cyprus-real-estate-into-green-future-with-first-ever-esg-report
Imperio remains steadfast in its commitment to promote the green transition of Cyprus’ real estate sector – a development that will greatly benefit the sector’s businesses, society, economy, as well as the environment itself, in multiple ways....
https://knews.kathimerini.com.cy/en/business/ey-seminar-explores-green-tax-impact-on-businesses
EY Cyprus Academy of Learning and Development Organized a Seminar on Sustainability and Green Taxes Affecting Business – As – Usual: The EU Role of Cyprus.
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https://knews.kathimerini.com.cy/en/business/hellenic-bank-posts-impressive-2023-profit-of-€365-4-million
Hellenic Bank reported a substantial profit of €365.4 million for the year 2023, marking a significant upswing from €21.8 million in 2022. The Return on Tangible Equity (ROTE) for 2023 soared to 28.7%, a stark contrast to the 2.0% recorded in 2022....