https://knews.kathimerini.com.cy/en/news/developer-s-double-plea-amidst-partially-frozen-road-project-in-akamas
None of those who attended the meeting of the Environment Committee left any wiser about what is happening in the projects that have been carried out in recent months for the first phase of improvement of part of the road network of the Akamas National Forest Park....
https://knews.kathimerini.com.cy/en/business/how-artificial-intelligence-is-changing-cyprus
The 8th Innovation and Entrepreneurship Forum, focusing on ''AI & Business: creating value, minimizing risks,'' held at the University of Cyprus on Tuesday (28/11), delved into the impact of artificial intelligence (AI) on business. ...
https://knews.kathimerini.com.cy/en/news/cyprus-allocates-65m-euros-for-diverse-tourism-initiatives-in-2024
The National Tourism Strategy's update has recently concluded, announced by Deputy Minister Kostas Koumis, known as "K." This undertaking commenced shortly after his assumption of office in March 2023, with an initial target to finalize it by the year's end.
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https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-returns-to-london-for-investment-talks
Just two months after its last visit to the heart of investment interest, the Bank of Cyprus is making waves again in London....
https://knews.kathimerini.com.cy/en/news/education-minister-pushing-for-all-day-schools
The Ministry of Education in Cyprus, led by Minister Athena Michaelidou, is on a mission to supercharge the all-day school scene. The goal? Give kids more time to learn and develop skills in a school setting....
https://knews.kathimerini.com.cy/en/news/€620m-blueprint-for-transformative-projects
The overall projects, totaling almost €620 million, are outlined in the Ministry of Internal Affairs Budget....
https://knews.kathimerini.com.cy/en/news/msc-cruises-expands-ocean-cay-experience-in-the-bahamas
MSC Cruises is set to elevate the offerings at Ocean Cay MSC Marine Reserve, its exclusive Bahamian destination. New facilities include watersport-friendly excursion centers, a state-of-the-art dive and snorkel center, and additional dining options....
https://knews.kathimerini.com.cy/en/business/cyprus-gets-bbb-boost-in-latest-ratings-but-challenges-persist
The German Scope Ratings have given a positive sign for Cyprus by upgrading the country to BBB+ last Friday from the previous BBB while keeping the outlook of the economy stable. ...
https://knews.kathimerini.com.cy/en/news/banks-eye-over-1-billion-euro-profits-in-2023
Cypriot banks, including the Greek bank, are poised to rake in substantial profits for 2023, benefitting from the European Central Bank's interest rate hikes....
https://knews.kathimerini.com.cy/en/news/hellenic-bank-rakes-in-€240-7m-in-2023-s-first-9-months
Hellenic Bank announced on Tuesday a profit of €240.7 million for the first 9 months of 2023....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-grilled-on-russia-sanctions-progress
The President of the Republic, Nikos Christodoulides, was informed during a meeting on Monday at the Presidential Palace about the course of implementation of decisions taken regarding the improvement of the monitoring framework of the sanctions imposed on Russia by the USA and about the course of investigations carried out for violating sanctions. ...
https://knews.kathimerini.com.cy/en/news/house-plenary-votes-on-teleworking-bill-what-s-at-stake
In a decisive move, the House plenary convened this afternoon to cast their votes on a groundbreaking teleworking bill, aiming to establish a robust framework for regulating working conditions in the evolving landscape of remote employment....
https://knews.kathimerini.com.cy/en/news/paphos-court-breaks-new-ground-with-landmark-ruling-on-house-collapse
In a groundbreaking decision, the Paphos District Court recently ruled on a case involving a house collapse in the village of Armos, Paphos District, due to subsidence. The court awarded the plaintiffs 256 thousand euros, covering the purchase price of the house, along with interest and costs....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-grows-strong-at-2-5-in-q3-2023
Good news for Cyprus! The country's economy had a solid growth spurt, reaching 2.5% in the third quarter of 2023. That's better than the same time last year. ...
https://knews.kathimerini.com.cy/en/news/boc-reports-€349-million-in-profits-plans-employee-bonuses-for-2024
In a significant financial turnaround, Bank of Cyprus reported a notable profit of €349 million for the nine months ending September 30, 2023, marking a substantial improvement from the €19 million loss in the same period last year. ...
https://knews.kathimerini.com.cy/en/business/eurozone-economic-snapshot-november-13-2023
Inflation in the Eurozone, which stood at 10.6% in October 2022, has decreased to 2.9% in October 2023, sparking optimism among central bankers....
https://knews.kathimerini.com.cy/en/news/elizabeth-mccaul-unveils-hidden-financial-dangers
A strong signal highlighting the need for closer scrutiny of non-bank financial institutions comes from Frankfurt, as Elizabeth McCaul, a member of the European Central Bank's Supervisory Board, emphasizes the potential risks....
https://knews.kathimerini.com.cy/en/news/electronic-ids-set-to-transform-citizen-services
Before the end of the current year, citizens and various professional groups will benefit from the use of electronic identity and electronic signatures in several government services, said Philippos Hadjizacharia, the Deputy Minister of Research, Innovation, and Digital Policy, during his speech at the 19th annual Economist Conference in Nicosia.
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https://knews.kathimerini.com.cy/en/news/minister-unleashes-4-boost-for-retirees
In a significant move to enhance the well-being of pensioners, Labor and Social Insurance Minister Yiannis Panayiotou declared a nearly 4% increase in basic pensions for the upcoming year....
https://knews.kathimerini.com.cy/en/news/police-force-faces-renewed-criticism-after-recent-tragedies
The debate on the problems in the police force, which was a hot topic in the public sphere last week due to the two fatal attacks that occurred in a short span of time, was reignited on Wednesday, when all the relevant officials, led by the Minister of Justice and Public Order, Anna Koukkidi-Prokopiou and the Chief of Police, Stelios Papatheodorou, met in the Parliament's Institutions Committee....
https://knews.kathimerini.com.cy/en/news/europe-embraces-cyprus-bold-plan-for-gaza-aid-corridor
The European Commission has welcomed the idea proposed by Cyprus for the creation of a maritime corridor for humanitarian aid to Gaza, and the issue is expected to be part of the discussions in the upcoming Paris conference on Gaza, a spokesperson of the Commission has told the Cyprus News Agency....
https://knews.kathimerini.com.cy/en/news/will-foreclosures-plague-2023
There is a race against time, with only a few weeks left to address the issue of foreclosures and enhance the framework....
https://knews.kathimerini.com.cy/en/news/greece-and-cyprus-collaborate-on-humanitarian-sea-corridor-to-gaza
Greece is in daily contact with Cyprus regarding the initiative for a humanitarian sea corridor to Gaza, Greek Foreign Minister Giorgios Gerapetritis said....
https://knews.kathimerini.com.cy/en/news/fitch-upgrades-hellenic-s-long-term-rating-to-bb-with-stable-outlook
In a recent announcement, Fitch Ratings raised Hellenic Bank's long-term rating from "BB-" to "BB+" and assigned a stable outlook to the bank. The agency also upgraded the bank's Viability Rating (VR) to "bb+" from "bb-."...
https://knews.kathimerini.com.cy/en/news/cabinet-approves-measures-to-combat-school-violence-and-delinquency
The Council of Ministers in Cyprus has given the green light to a series of measures aimed at preventing violence and delinquency, with a strong emphasis on the role of schools in addressing this issue....
https://knews.kathimerini.com.cy/en/news/no-foreclosures-on-first-homes-until-the-end-of-2023
In a development concerning foreclosures, four months after the summer 2023 decisions, the data remains unchanged. Banks and credit redemption companies have been urged to provide a two-month grace period for first homes and properties up to 350 thousand euros. ...
https://knews.kathimerini.com.cy/en/comment/opinion/democracy-is-ailing-because-we-are-failing-it
Interestingly, here as in the rest of Europe, the big ''winner'' of what happened after October 7 in Israel is one and only. The far right....
https://knews.kathimerini.com.cy/en/business/techisland-launches-proptech-working-group
TechIsland, Cyprus’ leading tech association, announces the formation of a new PropTech Working Group. ...
https://knews.kathimerini.com.cy/en/news/netherlands-tops-global-pension-rankings-with-ai-driven-excellence
A new analysis, ranking 47 pension systems across the world, has shed light on the growing impact of AI on pension systems....
https://knews.kathimerini.com.cy/en/business/4-day-workweek-success-and-ai-s-future-impact-according-to-an-ey-veteran
Riaz Shah, a four-decade member of EY (Ernst & Young), now engaged in global projects, with a particular focus on education and startup entrepreneurship, took center stage at the 6th Digital Agenda Cyprus Summit....
