https://knews.kathimerini.com.cy/en/news/fitch-elevates-hellenic-bank-s-credit-rating
Fitch Ratings has upgraded Hellenic Bank's Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+', with stable outlook and its Viability Rating (VR) to 'bbb-' from 'bb+'.
...
https://knews.kathimerini.com.cy/en/news/is-larnaca-the-new-limassol
Larnaca is dynamically emerging as a key player in investments and major developments, making significant strides in recent years and capturing a new image....
https://knews.kathimerini.com.cy/en/news/banks-contribute-over-€854m-in-taxes-amid-controversy-over-proposed-levy
In the last seven years (2017-2023), Cypriot banks have collectively paid more than €854 million in income tax, special taxes, and VAT, according to a report by Panayiotis Rouglas in last Sunday's Kathimerini....
https://knews.kathimerini.com.cy/en/comment/opinion/why-building-a-home-is-rare-today
As discussed in our previous article, the housing landscape in our country is changing, with home ownership rates decreasing and aligning with the European average. ...
https://knews.kathimerini.com.cy/en/news/propane-tank-explosion-in-turkey-kills-5-injures-63
A propane tank explosion at a restaurant in Izmir, Turkey, has claimed the lives of at least five people and injured 63 others....
https://knews.kathimerini.com.cy/en/business/king-jason-zante-invites-guests-to-experience-the-art-of-slow-living
On June 29th, 2024 King Jason Zante opens its doors and invites discerning travelers to embark on a journey of tranquillity......
https://knews.kathimerini.com.cy/en/news/national-rally-wins-first-round-in-france-s-parliamentary-elections
In a decisive first round of voting, Marine Le Pen's far-right National Rally (RN) emerged as the front-runner in France's parliamentary elections......
https://knews.kathimerini.com.cy/en/news/family-urges-biden-to-stay-in-race-despite-debate-setback
President Joe Biden faced intense family pressure to continue his presidential bid following a widely criticized debate performance last week, sources close to the White House disclosed....
https://knews.kathimerini.com.cy/en/news/varosha-resolution-pace-calls-for-return-to-legal-owners
The Parliamentary Assembly of the Council of Europe (PACE) on Thursday approved a resolution calling for the return of Varosha to its lawful inhabitants......
https://knews.kathimerini.com.cy/en/news/ministry-maintains-€300-fine-for-running-red-lights
On Thursday, the Minister of Transport, Communications, and Works, Alexis Vafeadis, was briefed on various legislative proposals submitted by parliamentarians....
https://knews.kathimerini.com.cy/en/comment/opinion/rentals-rise-as-home-ownership-trends-change
Around 20-25 years ago, Cyprus was renowned for having one of the highest rates of home ownership globally, with figures nearly reaching 78% - 80%, as per the data available then....
https://knews.kathimerini.com.cy/en/news/wizz-air-announces-new-route-from-larnaca-to-milan-malpensa
Wizz Air, Europe’s fastest-growing and most environmentally sustainable airline, proudly announces today it will launch a new route from Larnaca to Milan, Italy this autumn....
https://knews.kathimerini.com.cy/en/business/4-houses-for-sale-by-astrobank
AstroBank has listed for sale houses in Nicosia, Larnaca, and Paphos that are ideal for own-occupancy....
https://knews.kathimerini.com.cy/en/news/kedipes-sends-first-approvals-for-mortgage-to-rent-scheme
State-owned asset management company, KEDIPES began sending the first approvals for eligible borrowers as part of the government-funded mortgage-to-rent scheme....
https://knews.kathimerini.com.cy/en/news/meet-kevin-the-world-s-tallest-dog
The Iowa great dane that was recently crowned the world’s tallest dog is the same height as the average three-year-old child – and is often mistaken for being a horse. ...
https://knews.kathimerini.com.cy/en/business/mandatory-malpractice-insurance-now-required-for-all-doctors-in-cyprus
A new law passed by the House of Representatives has made malpractice insurance mandatory for all practicing doctors in Cyprus. This legislation requires doctors registered in the Medical Register, as well as medical companies, to maintain an active insurance contract against civil liability for professional negligence....
https://knews.kathimerini.com.cy/en/news/rescuers-brave-flames-to-save-dog-in-paphos-wildfire
The dedication and bravery of firefighting teams and volunteer groups are crucial every summer as they battle the fires that plague the island of Cyprus. A recent rescue effort has captured the hearts of many, highlighted by a poignant photo of a rescuer cradling a dog in his arms....
https://knews.kathimerini.com.cy/en/business/4-real-estate-investment-opportunities-by-astrobank
AstroBank has listed for sale a large residential/commercial field in Peyia as well as other properties that are ideal investment opportunities in Paphos, Famagusta and Nicosia....
https://knews.kathimerini.com.cy/en/news/government-extends-subsidies-to-ease-cost-of-living-crisis
The Cabinet approved a proposal on Wednesday by Finance Minister Makis Keravnos to extend measures aimed at compensating for the living costs of Cypriot households. Government Spokesperson Konstantinos Letymbiotis announced the decision following the Cabinet meeting....
https://knews.kathimerini.com.cy/en/news/wife-sues-lawyer-lytras-over-alleged-violence
Authorities are seeking to arrest criminal lawyer Apostolos Lytras, 52, following a lawsuit filed by his wife, Sofia Polyzogopoulou, on Wednesday....
https://knews.kathimerini.com.cy/en/news/over-100-animals-killed-in-paphos-wildfires
Recent fires have destroyed more than 3,000 hectares of farmland in the Paphos region, impacting the areas of Psathi, Polemi, Choulou, and Agios Dimitrianos, according to Deputy Director of the Agriculture Department Konstantis Spanassiis.
...
https://knews.kathimerini.com.cy/en/news/jewelry-heist-in-paphos-sparks-multiple-arrests
Police in Paphos have arrested a second individual, a 50-year-old woman, in connection with an ongoing investigation into conspiracy to commit a felony, housebreaking, and theft. This follows the arrest of a 20-year-old man, with a third suspect still at large....
https://knews.kathimerini.com.cy/en/news/will-cabinet-decide-to-extend-electricity-subsidies-to-consumers
The government is poised to discuss the renewal of the electricity subsidy measure, set to expire on June 30, at its upcoming Cabinet meeting, according to a report by Kathimerini's Hectoras Georgiou....
https://knews.kathimerini.com.cy/en/news/geroskipou-awakes-to-explosion-solar-heater-suspected
An early morning explosion on Tuesday startled residents in the quiet neighborhood of Geroskipou. The blast, originating from a home solar water heater, caused significant damage but resulted in no injuries....
https://knews.kathimerini.com.cy/en/news/austrian-parliament-leader-in-cyprus-for-talks
The President of the National Council of the Austrian Parliament (Nationalrat) Wolfgang Sobotka, arrives on Tuesday in Cyprus for an official visit......
https://knews.kathimerini.com.cy/en/business/the-$10-billion-plan-to-rebuild-cyprus-s-ghost-town
The Turkish newspaper Sözcü has drawn attention to Varosha, an abandoned area in Famagusta, calling it the "Las Vegas of the Mediterranean." The paper says it would take $10 billion to bring the ghost town back to life after being abandoned for 50 years....
https://knews.kathimerini.com.cy/en/news/biden-campaign-rolls-out-$50m-in-ads-focusing-on-trump-s-conviction
President Joe Biden’s reelection campaign is spending $50 million through the end of June, a blitz that includes its first television ad trumpeting......
https://knews.kathimerini.com.cy/en/news/ministry-takes-action-against-illegal-dumping-sites-fueling-fires
The big fire in Paphos has exposed some major issues: not only were the firefighting resources inadequate, but it also showed the government's long-standing negligence regarding illegal fires. ...
https://knews.kathimerini.com.cy/en/news/pournara-from-3145-to-245-migrants-in-two-years
The influx of irregular migrants into Cyprus has markedly declined following stringent government measures. Illustrative of this trend is the Pournara accommodation center, ...
https://knews.kathimerini.com.cy/en/news/banks-blame-high-interest-rates-for-decline-of-new-loans
Loan demand continued to fall in the first quarter of 2024, with banks blaming high interest rates for the decline. ...
