https://knews.kathimerini.com.cy/en/news/cbc-warns-of-non-performing-loan-surge-amid-economic-challenges
The Central Bank of Cyprus (CBC) issued a warning on Monday, cautioning about the potential influx of non-performing loans (NPLs) driven by high-interest rates and inflation, which are impacting households' disposable income and businesses' profitability....
https://knews.kathimerini.com.cy/en/news/eu-s-media-law-shift-sparks-concerns-for-journalists
It doesn't come as a shock that, in the debate over the European Media Freedom Act between EU Council member states and the European Parliament, the EU Council incorporated a paragraph into its negotiating stance, stating that national security should be an exception when prohibiting surveillance of journalists and related practices....
https://knews.kathimerini.com.cy/en/news/cyprus-and-the-porn-industry-high-tech-hub-exposed
For many years, the Republic of Cyprus, due to its art visa law, served as a hub for white flesh trafficking....
https://knews.kathimerini.com.cy/en/business/workforce-crisis-grips-cyprus-as-12-000-job-vacancies-surge
In the hotel, catering, and retail sectors, an estimated 12 thousand personnel needs have prompted relevant professional associations to jointly appeal to the Ministry of Labour, seeking simplified procedures for hiring staff from third countries....
https://knews.kathimerini.com.cy/en/news/joseph-borghese-receives-academico-honorario-title-from-mexico
Joseph Borghese has been honored as the first Cypriot to receive the esteemed 'Académico Honorario' (Honorary Academic) title from Mexico. ...
https://knews.kathimerini.com.cy/en/news/lisbon-s-homes-unaffordable-as-prices-hit-record-highs
In a dramatic twist, Lisbon finds itself grappling with a housing crisis, ranking second only to Athens in soaring housing costs among major European cities, reports Bloomberg. ...
https://knews.kathimerini.com.cy/en/news/themis-themistocles-signals-potential-2024-interest-rate-cut
In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...
https://knews.kathimerini.com.cy/en/news/volunteer-doctors-from-cyprus-to-support-gaza-s-civilians
In a significant initiative, a four-member team from ''Volunteer Doctors - Cyprus,'' formerly known as Doctors of the World, is gearing up for a medical-humanitarian mission to Egypt.
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https://knews.kathimerini.com.cy/en/news/ongoing-investigation-reveals-insights-into-guardsman-s-2005-death
In the ongoing investigation into the death of National Guardsman Thanasis Nikolaou in 2005, anthropologist Eleftheria Harilaou testified about examining his exhumed bones....
https://knews.kathimerini.com.cy/en/news/christodoulides-emphasizes-seriousness-in-addressing-cyprus-problem
In his remarks upon arrival for the European Council meeting in Brussels, President of the Republic Nicos Christodoulides emphasized the need for seriousness in addressing the Cyprus problem, ...
https://knews.kathimerini.com.cy/en/news/tesla-recalls-over-2m-vehicles-following-autopilot-safety-concerns
In response to safety concerns related to its Autopilot system, Tesla is initiating a massive recall, impacting more than 2 million vehicles across its entire model range....
https://knews.kathimerini.com.cy/en/news/how-cyprus-and-chevron-found-common-ground
The resolution of the dispute between the Republic of Cyprus and Chevron Cyprus Limited, the operator of the Aphrodite field, appears largely satisfactory to both parties....
https://knews.kathimerini.com.cy/en/news/the-climb-to-success-in-the-public-sector-pay-scale
The Ministry of Finance has officially disclosed the main provisions of the agreement reached with trade unions PASYDY and FCC, outlining significant salary advancements for public and broader public sector employees, including those within Local Government Authorities. ...
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-ceo-on-65-years-challenges-and-future-strategies
Deloitte Cyprus celebrates 65 years of presence on the island, playing a major role in the financial affairs of the state....
https://knews.kathimerini.com.cy/en/news/state-employees-brace-for-25-30m-euro-salary-squeeze
The agreement signed with unions PASYDYS and SEK is set to bring an annual cost of 25-30 million euros, impacting state employees and those in the wider public sector....
https://knews.kathimerini.com.cy/en/news/ministry-reverts-vat-refund-amount-to-€50
The Ministry of Finance's new circular set to change in 2024, altering the decision that foresaw an increase in the minimum expenditure from €50 to €175. ...
https://knews.kathimerini.com.cy/en/news/balcony-collapse-shakes-limassol
In the early hours of the morning, a residential block on Nafpliou Street in Limassol was thrust into chaos as balconies on multiple floors of an apartment building gave way. ...
https://knews.kathimerini.com.cy/en/news/biden-playing-into-putin-s-hands-on-ukraine-aid-threat
In a bold statement, President Joe Biden minced no words as he warned Republicans about unwittingly aiding Russian President Vladimir Putin....
https://knews.kathimerini.com.cy/en/business/stephanis-leads-the-charge-in-€17-7m-commercial-venture
Alexandros Stephanis & Co Ltd is making waves in the real estate scene with a visionary €17.7 million mixed commercial and residential development....
https://knews.kathimerini.com.cy/en/news/minors-still-held-in-adult-prisons-urgent-action-needed
In a concerning development, legislation addressing the detention of minors in adult prisons remains stalled since 2021....
https://knews.kathimerini.com.cy/en/news/eu-struggles-with-hungary-s-blockade-on-ukraine-s-accession-and-funding-release
Efforts to prepare for the summit of the 27 European Union heads of state continued in a tense atmosphere until Friday....
https://knews.kathimerini.com.cy/en/news/uk-s-royal-navy-boosts-ukraine-s-maritime-strength
The Royal Navy is set to transfer two minehunter ships to Ukraine, a move aimed at enhancing the country's maritime capabilities in the wake of Russia's invasion....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-receives-positive-rating-boost
Fitch, the International Rating Agency, upgraded Cyprus' long-term rating to positive, citing economic resilience and fiscal strength. The agency affirmed the 'BBB' rating, previously upgraded in March 2023. ...
https://knews.kathimerini.com.cy/en/news/oscar-nominated-ryan-o-neal-passes-away-at-82
In a poignant turn of events, Ryan O'Neal, the heartthrob actor who seamlessly transitioned from TV soap operas to Oscar-nominated roles, has bid farewell at the age of 82....
https://knews.kathimerini.com.cy/en/news/stylianou-s-pledge-to-battle-cancer-alone-at-man-of-the-year-awards
In a testament to resilience and the strength found in adversity, Petros Stylianou triumphed over a challenging bout with cancer, reshaping his life's purpose to champion those facing a similar ordeal....
https://knews.kathimerini.com.cy/en/news/eu-unveils-sweeping-reforms-to-enhance-animal-welfare-standards
In a groundbreaking move, the European Commission has proposed extensive reforms to EU rules on animal welfare during transport, marking the most significant overhaul in recent years....
https://knews.kathimerini.com.cy/en/life/terra-santa-school-embraces-love-and-giving-for-volunteer-day
In the spirit of the season, Larnaca is gearing up for a lively celebration, complete with a temporary traffic cut-off to make way for the joyous festivities....
https://knews.kathimerini.com.cy/en/business/sixt-pumps-the-bakes-on-tesla-as-it-halts-purchases-and-sells-existing-ev-stock
In a strategic move that underscores the evolving dynamics in the electric vehicle (EV) landscape, Sixt, a prominent German rental car company, has decided to discontinue purchasing Tesla vehicles and plans to sell off its current Tesla EV stock....
https://knews.kathimerini.com.cy/en/news/unveiling-brilliance-at-the-22nd-bank-of-cyprus-man-of-the-year-awards-2023
The illustrious 22nd Bank of Cyprus Man of the Year Awards 2023 unfolded in all its glory last night, December 7, 2023, at The Royal Hall in Nicosia....
https://knews.kathimerini.com.cy/en/news/student-attacks-bus-driver-mid-route-to-parekklisia
The director of Limassol Passenger Transport Company (EMEL), George Kyriakou, reported an attack on a bus driver en route from Limassol high school to the Parekklisia community....