https://knews.kathimerini.com.cy/en/news/cyprus-credit-rating-upgraded-due-to-strong-economy-and-lower-debt
Rating Agency Capital Intelligence Ratings (CI) has upgraded Cyprus’ Long-Term Foreign Currency Rating (LT FCR) and Short-Term FCR (ST FCR) to ‘BBB’ and ‘A2’, respectively, from ‘BBB-’ and ‘A3’, maintaining a positive outlook....
https://knews.kathimerini.com.cy/en/news/u-s-business-leaders-eye-investment-opportunities-in-cyprus
U.S. businessmen and executives expressed keen interest in pursuing business opportunities in Cyprus during a Wednesday working lunch with President Nikos Christodoulides in New York....
https://knews.kathimerini.com.cy/en/news/traffic-lights-coming-to-latsia-geri-roundabout
New traffic lights will soon be set up at the Latsion-Geriou roundabout, located near Nicosia General Hospital. This change is in response to increased traffic expected from the opening of the JUMBO store and new businesses in the area....
https://knews.kathimerini.com.cy/en/comment/opinion/businesses-in-cyprus-can-benefit-economically-from-policies-for-fewer-cars
Cities worldwide are increasingly adopting pedestrian-friendly and bicycle-friendly policies, amid growing concerns over the climate crisis and the need to reduce air and noise pollution. ...
https://knews.kathimerini.com.cy/en/news/nicosia-to-improve-walking-and-cycling-by-2030
Nicosia has unveiled an ambitious plan to transform the city into a '15-minute city' by 2030, aiming to ensure that residents can access essential services within a 15-minute walk or bike ride from their homes, officials announced Monday.
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https://knews.kathimerini.com.cy/en/news/paphos-polis-road-contractor-proposals-await-approval
Plans to improve the road linking Paphos Airport with the city and a potential alternative route are under consideration, according to Paphos Chamber of Commerce and Industry (PCCI) President George Mais....
https://knews.kathimerini.com.cy/en/news/moody-s-sees-positive-outlook-for-hellenic-bank-following-eurobank-deal
Moody’s upgraded Hellenic Bank’s credit rating to Baa2 from Baa3 on Wednesday, citing the recent acquisition of a 56% stake by Eurobank S.A. The agency also revised the bank's outlook to positive.
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https://knews.kathimerini.com.cy/en/news/cyprus-to-remove-130-speed-bumps-in-road-reassessment
Authorities decided to remove 130 speed-reducing installations, such as bumps and elevated platforms, Senior Executive Engineer at the Department of Public Works (DPW), Charalambos Kais, told the Cyprus News Agency (CNA)....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-illusion-of-prosperity-as-unemployment-numbers-mask-realities
In its analysis, the Central Bank of Cyprus notes that in the first quarter of 2024, unemployment fell to 6%, the lowest level since 2009....
https://knews.kathimerini.com.cy/en/news/government-revenue-boosts-cyprus-surplus-to-€702-5-million
The Republic of Cyprus recorded a significant fiscal surplus of €702.5 million for the period of January to July 2024, according to preliminary General Government fiscal results, released on Friday by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/comment/opinion/what-a-federation-means-for-cyprus-eu-status
We say Cyprus is an indivisible, unified, consubstantial state that could become a federation....
https://knews.kathimerini.com.cy/en/business/final-decisions-on-akamas-projects-approaching
According to Pavlos Neophytos in this Sunday's Kathimerini, the development of the Akamas road network, crucial for the area's infrastructure, faces significant delays due to environmental concerns and ongoing investigations....
https://knews.kathimerini.com.cy/en/news/ongoing-wildfire-battle-attica-firefighters-tackle-new-outbreaks
Firefighting efforts are ongoing through the night to control wildfires in northeast Attica, primarily affecting the Mount Penteli and Lake Marathon areas. ...
https://knews.kathimerini.com.cy/en/business/trade-deficit-slashed-by-20-in-2024-amid-falling-imports
Cyprus saw its trade deficit shrink by over 20% in the first half of 2024, according to the latest data from the Statistical Service. The trade deficit, which is the difference between what the country imports and exports, fell to €3.57 billion, down from €4.48 billion during the same period in 2023....
https://knews.kathimerini.com.cy/en/news/pyla-finikoudes-and-mackenzie-beaches-to-get-major-cleanup
In an ongoing effort to improve Larnaca's tourism offerings and meet the growing expectations of visitors, the Larnaca Tourism Board, in collaboration with the city municipality and hotels in the Pyla tourist area, has launched a thorough beach sand cleanup operation....
https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-reports-€105-7m-net-profit-for-h1-2024
Eurobank Cyprus reported a net profit of €105.7 million for the first half of 2024, marking a 16% increase, or €14.9 million, compared to the same period in 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-government-rakes-in-over-€424m-in-surpluses-this-year
Cyprus has reported a substantial budget surplus of €424.5 million for the first half of 2024, a huge increase from the €62 million surplus during the same period last year. ...
https://knews.kathimerini.com.cy/en/news/olympic-men-s-triathlon-postponed-due-to-seine-water-contamination
The men's triathlon at the Olympic Games has been postponed due to poor water quality in the River Seine, despite significant investments in infrastructure. ...
https://knews.kathimerini.com.cy/en/news/minister-highlights-importance-of-defence-readiness-in-zygi
At a time when geopolitical developments and security challenges are constantly changing, maintaining our defence capabilities at high levels is a top priority, Cyprus Defence Minister Vassilis Palmas said on Thursday, at an event for demonstrating the operational capabilities of the National Guard, which took place in the coastal area of Zygi, in the Larnaca district....
https://knews.kathimerini.com.cy/en/news/anastasiades-speaks-out-on-cyprus-solution-corruption-and-political-ties
In one of his most candid interviews to date, former President Nicos Anastasiades discussed the Cyprus problem and the talks held in Crans-Montana with Marina Economides in "K". ...
https://knews.kathimerini.com.cy/en/news/cyprus-civil-servants-to-receive-pay-raises-after-15-year-freeze
PASYDY, the public sector union, announced its approval of a new agreement with the Ministry of Finance to grant pay raises to civil servants beginning October 1, 2024. The deal was reached during today's Joint Staff Committee meeting....
https://knews.kathimerini.com.cy/en/business/yet-another-delay-in-nicosia-perimeter-road-triggers-penalties
CyField, the company responsible for constructing Nicosia's perimeter motorway, is bein genalized €5,500 as of today, July 16. The Transport Minister, Alexis Vafeadis, confirmed this development during an interview with SPOR FM 95.00's ''Diaspora News.''...
https://knews.kathimerini.com.cy/en/news/un-project-boosts-water-access-for-cyprus-wildlife-in-buffer-zone
It's impossible not to be moved by the climate and wildlife of Cyprus, particularly in dry regions like the buffer zone, abandoned since the Turkish invasion of 1974....
https://knews.kathimerini.com.cy/en/business/cyprus-surges-in-high-speed-internet-and-tech-jobs
Cyprus is making notable progress in its digital transformation, with coverage of very high capacity networks (VHCN) reaching 77.1% in 2023, a 28.5% increase from the previous year, according to the Deputy Ministry of Research, Innovation, and Digital Policy....
https://knews.kathimerini.com.cy/en/business/cyprus-ranks-among-top-innovators-in-europe
Among the best-performing countries in terms of innovation between 2023 and 2024 is Cyprus, according to the latest European Commission data....
https://knews.kathimerini.com.cy/en/news/cyprus-remains-a-strong-innovator-in-european-rankings
Cyprus maintains its position as a Strong Innovator in the European Innovation Scoreboard for the 3rd consecutive year, the Deputy Ministry of Research, Innovation and Digital Policy said on Monday....
https://knews.kathimerini.com.cy/en/news/mayor-leads-effort-to-beautify-kato-paphos-tourist-area
Mayor Phaedon Phaedonos of Paphos has taken a hands-on approach to enhance the aesthetic appeal of the city's popular tourist area, Kato Paphos....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-receive-upgrades-signal-economic-resilience
In a series of significant upgrades for Cypriot banks, Fitch Ratings has elevated the Bank of Cyprus and Hellenic Bank's credit ratings, underscoring a positive trajectory for the country's financial sector, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini....
https://knews.kathimerini.com.cy/en/news/reflect-festival-highlights-traffic-and-housing-challenges-in-limassol
The recent Reflect Festival brought forth crucial discussions on pivotal issues affecting Limassol, prominently featuring traffic congestion and housing shortages as central topics. ...
https://knews.kathimerini.com.cy/en/news/councillor-pushes-for-better-support-of-foster-children
In a heartfelt discussion on SPOR FM's "Diaspora News," Fotini Tsiridou, a Limassol Councillor for the DISY, addressed the pressing issue of support for foster children as they transition into adulthood....
