https://knews.kathimerini.com.cy/en/business/cyprus-sets-sights-on-year-round-tourism
Cyprus has long been known for its sun-drenched beaches and azure seas, but a new vision is emerging to transform the island into a full-time tourist destination within the next five years. ...
https://knews.kathimerini.com.cy/en/news/joseph-aoun-becomes-lebanon-s-next-president
Lebanon has elected Joseph Aoun, the former army commander, as its 14th president, filling a two-year vacancy left by his predecessor Michel Aoun (no relation)....
https://knews.kathimerini.com.cy/en/comment/opinion/2025-a-new-chapter-for-cyprus-s-property-market
2024 was both literally and figuratively a leap year. Metaphorically speaking, we anticipated this shift a year ago as we reflected on 2023 and made our predictions for the year ahead....
https://knews.kathimerini.com.cy/en/news/rising-dam-levels-bring-hope-after-months-of-drought
The recent rains, storms, and snowfall across Cyprus have brought a welcome relief after years of drought and dry reservoirs. As we step into the new year, there’s cautious optimism that the country can avoid the looming threat of desertification this summer....
https://knews.kathimerini.com.cy/en/business/eurozone-growth-hopes-dim-as-2025-looms
Just days before the start of 2025, analysts have trimmed expectations for the Eurozone's economic growth. ...
https://knews.kathimerini.com.cy/en/business/cyprus-signs-major-deal-for-airport-upgrades-to-boost-passenger-traffic
Cyprus has officially signed an agreement to settle long-standing disputes over its international airports. ...
https://knews.kathimerini.com.cy/en/news/eib-invests-€200-million-to-modernize-cyprus-roads
The European Investment Bank (EIB) is backing Cyprus with a major boost for road infrastructure. Vice President of the EIB, Kyriakos Kakouris, is in Cyprus to sign the first part of a €200 million loan agreement....
https://knews.kathimerini.com.cy/en/business/panagiotou-best-labor-market-performance-in-the-last-15-years
The labor market in 2024 is achieving its strongest performance in the past 15 years, driven by increased job creation, employment growth, reduced unemployment, and rising wages....
https://knews.kathimerini.com.cy/en/comment/opinion/thank-god-for-gesy
The recent news surrounding the murder of United Healthcare CEO Brian Thompson and the arrest of Luigi Mangione, the suspected shooter, has sparked an intense debate. As an American who grew up in Los Angeles and now calls Cyprus home, I find the entire case deeply thought-provoking, especially in light of my own personal experiences with healthcare systems....
https://knews.kathimerini.com.cy/en/news/elpis-is-a-lifeline-for-victims-of-domestic-violence
The “ELPIS” application, designed specifically for victims of domestic violence at high risk, will become operational in the coming days....
https://knews.kathimerini.com.cy/en/news/young-vandals-cause-damage-at-larnaca-schools
Larnaca schools are facing an ongoing challenge with vandalism, following a series of incidents on Friday, December 13, that left schools in the city damaged....
https://knews.kathimerini.com.cy/en/business/moody-s-nick-hill-on-financial-risks-and-opportunities-for-2025
In an insightful conversation with Kathimerini's Panayiotis Rougalas, Nick Hill discusses the key macroeconomic risks and opportunities facing the region in 2025....
https://knews.kathimerini.com.cy/en/news/the-banker-bank-of-cyprus-wins-bank-of-the-year-award-again-for-2024
The Banker, one of the leading international publications focused on banking and finance, has named Bank of Cyprus the Bank of the Year in Cyprus in its 2024 awards....
https://knews.kathimerini.com.cy/en/news/tragic-death-of-7-year-old-sparks-outrage-over-state-of-public-healthcare-in-cyprus
A tragic incident has sparked widespread anger and calls for accountability after a 7-year-old child from Paphos died following a series of alleged mishandlings by the island's public healthcare system....
https://knews.kathimerini.com.cy/en/business/ai-in-finance-embrace-the-future-or-be-left-behind
Technology is changing how we do everything, and finance is no different. ...
https://knews.kathimerini.com.cy/en/comment/opinion/limassol-s-growth-deserves-equal-support
Who is driving development projects in Limassol, and how far have they progressed? Who decides how state development funds are allocated, and based on what criteria?...
https://knews.kathimerini.com.cy/en/news/cyprus-moves-closer-to-nato-talks-begin-on-permanent-u-s-military-presence
According to an article written by Lena Argyris, Cyprus is strategically positioning itself for a potential future membership in NATO,...
https://knews.kathimerini.com.cy/en/news/dbrs-morningstar-cyprus-shows-strong-recovery-in-tackling-bad-loans
Cyprus is starting to see some positive shifts in its financial sector, particularly when it comes to tackling non-performing loans (NPLs) – loans that borrowers have stopped paying. ...
https://knews.kathimerini.com.cy/en/business/cyprus-cracks-down-on-prolonged-standing-in-workplaces
Cyprus is stepping up efforts to protect workers from prolonged standing at their jobs, with a nationwide inspection campaign and stricter enforcement of new legislation aimed at improving workplace conditions....
https://knews.kathimerini.com.cy/en/news/weekend-rains-bring-floods-across-cyprus-full-forecast-ahead-videos-and-pics
Intense rainfall and hailstorms on Sunday caused flooding, road closures, and damage in several regions across Cyprus, triggering emergency responses....
https://knews.kathimerini.com.cy/en/news/new-eu-tariffs-on-chinese-evs-slow-cyprus-shift-to-electric-cars
The European Union's new tariffs on electric vehicles (EVs) imported from China, reaching as high as 35.3%, are expected to significantly impact Cyprus' already slow-moving EV market, according to a report by Kathimerini's Dorita Yiannakou....
https://knews.kathimerini.com.cy/en/news/cyprus-average-monthly-salary-reaches-€2-250-in-2023
Cyprus saw a notable increase in average salaries in 2023. According to the latest figures from the Cyprus Statistical Service, the average gross monthly salary for employees on the island reached €2,363 in 2023, ...
https://knews.kathimerini.com.cy/en/news/larnaca-and-paphos-airports-to-handle-17-5-million-passengers-annually
The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......
https://knews.kathimerini.com.cy/en/news/greek-american-representation-in-congress-grows-with-six-new-members
Six Greek-Americans have been elected to the US House of Representatives in Tuesday’s presidential election, evenly representing the Democratic and Republican parties and strengthening the community’s voice in Congress by one....
https://knews.kathimerini.com.cy/en/news/transport-ministry-inaugurates-new-motorway-that-will-ease-traffic
According to Kathimerini's Dorita Yiannakou, Cyprus marked a milestone in its transportation network Tuesday with the inauguration of the Nicosia peripheral motorway’s first phase, a project intended to ease congestion, enhance safety, and facilitate trade across the island....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-reports-€284-4m-profit-for-2024
Hellenic Bank reported a profit of €284.4 million for the first nine months of 2024, up from €240.7 million in the same period last year....
https://knews.kathimerini.com.cy/en/business/greek-retailer-praktiker-hellas-considers-cyprus-expansion
The Greek home improvement chain Praktiker Hellas is exploring a potential expansion into Cyprus, according to Kathimerini's Dorita Yiannakou....
https://knews.kathimerini.com.cy/en/business/cyprus-faces-financial-imbalance-as-assets-fall-short-of-liabilities
As of December 2023, Cyprus' economy is navigating a complex financial landscape, with total assets in financial instruments reaching €869 billion. However, the country also faces a notable financial shortfall, with liabilities exceeding assets by about €29 billion....
https://knews.kathimerini.com.cy/en/news/new-eu-rules-open-cyprus-s-troubled-loan-market-to-foreign-investors
In a move that could reshape Cyprus's financial landscape, Parliament recently passed a European Directive that makes it easier for foreign investors to buy non-performing loans (NPLs) in the country....
https://knews.kathimerini.com.cy/en/news/president-urges-faster-completion-of-88-major-projects
Cyprus President Nikos Christodoulides urged ministers to accelerate the government’s agenda of 88 key projects for the administration’s second year, Deputy Minister to the President Irene Piki announced after a recent Cabinet meeting. ...
