https://knews.kathimerini.com.cy/en/business/ecb-keeps-watchful-eye-on-non-performing-loans
The European Central Bank (ECB) is closely monitoring non-performing loans (NPLs) and related legislation, including the divestment framework. ...
https://knews.kathimerini.com.cy/en/comment/opinion/sales-surge-by-14-2-despite-2022-comparison
In September, traditionally considered the start of the year for many, several significant trends are emerging....
https://knews.kathimerini.com.cy/en/news/cyprus-public-transport-gets-a-facelift-as-massive-infrastructure-upgrade-underway
In a significant development, a new contract signed at the Ministry of Transport on Thursday outlines extensive improvements to Cyprus' public transportation infrastructure....
https://knews.kathimerini.com.cy/en/news/ecb-vp-praises-cyprus-economic-turnaround
ECB Vice-President Luis de Guindos praised Cyprus for its remarkable economic improvement and recent upgrades by two rating agencies during a meeting with Cyprus Central Bank Governor Constatinos Herodotou in Nicosia. The officials emphasized the strengthening collaboration between Cyprus and the ECB....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-secure-moody-s-upgrade-to-investment-status
After 12 years, Moody's has upgraded the ratings of Cyprus' two major banks, Bank of Cyprus and Hellenic Bank, placing them in the investment category....
https://knews.kathimerini.com.cy/en/news/moody-s-boosts-bank-of-cyprus-and-hellenic-bank-ratings-to-baa2
Moody’s Investors Service has upgraded Bank of Cyprus’ and Hellenic Bank’s long-term deposit ratings to Baa3 from Ba1, citing the continued resilience of the Cypriot economy and credit conditions, which are leading to supportive operating conditions for Cypriot banks....
https://knews.kathimerini.com.cy/en/business/moody-s-double-upgrade-ignites-investor-interest
Last Friday, Moody's delivered a double upgrade for Cyprus, propelling the nation into the investment-grade category recognized by all four major financial firms. Although these rankings may appear modest, their real-world impact is substantial....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-institutional-hurdles-in-anti-corruption-efforts
Cyprus' anti-corruption legislation for top executive officials appears robust on paper, but its practical effectiveness is hampered by institutional shortcomings, warns the Council of Europe's Group of States Against Corruption (GRECO)....
https://knews.kathimerini.com.cy/en/news/25-new-asylum-examiners-to-speed-processing-and-deter-migrant-arrivals
The Asylum Service of Cyprus has taken a significant step to enhance the efficiency of processing asylum applications by appointing 25 additional asylum examiners, according to Minister of Interior Constantinos Ioannou....
https://knews.kathimerini.com.cy/en/news/loans-gain-€8-5-million-momentum
Total loans in August recorded a net increase of €8.5 million, following a significant decrease of €100 million the previous month. Meanwhile, for a second consecutive month, deposits saw a net decrease, amounting to €175.5 million....
https://knews.kathimerini.com.cy/en/news/2024-budget-points-to-surplus-and-debt-reduction
The 2024 budget reflects the clear imprint of our policy priorities, President of the Republic Nikos Christodoulides says in a written statement, adding that the fiscal balance for 2024 is estimated to be surplus, reaching 2.2% of GDP, while the medium-term goal, by 2026, is to reduce public debt to 60%....
https://knews.kathimerini.com.cy/en/business/techisland-summit-2023-cyprus-on-the-fast-track-of-becoming-a-tech-island
TechIsland held its annual TechIsland Summit within the framework of the Reflect Festival on 20 September 2023....
https://knews.kathimerini.com.cy/en/business/no-fee-increases-for-2024-at-larnaca-marina
Kition Ocean Holdings announced on Thursday that there will be no increases in berthing fees for recreational boat owners at Larnaca Marina in 2024. ...
https://knews.kathimerini.com.cy/en/business/techisland-launches-cy-guide-chatbot-powered-by-loqosai
TechIsland, the largest tech association in Cyprus, announced the launch of version 1.0 of the ''CY GUIDE Chatbot'' powered by LoqosAI. ...
https://knews.kathimerini.com.cy/en/news/halloumi-exports-hit-€112-million-mark
The demand for halloumi, Cyprus’ renowned cheese, in foreign markets is steadily growing with exports in the first four months of 2023 amounting to €112 million, Minister of Agriculture, Rural Development and the Environment, Petros Xenofontos has said....
https://knews.kathimerini.com.cy/en/news/ghs-welcomes-ygia-polyclinic
On Monday, September 25, 2023, the "" Polyclinic officially became part of the General Health System, offering inpatient care and a First Aid Department...
https://knews.kathimerini.com.cy/en/news/e-kalathi-bill-sparks-debate-in-parliament
During yesterday's session of the Parliamentary Committee on energy and trade, the debate shed light on a crucial aspect of the E-kalathi bill. It became evident that there are lingering disagreements among stakeholders and the majority of MPs on this issue. ...
https://knews.kathimerini.com.cy/en/news/liquidity-cover-hits-318-in-banking
Konstantinos Herodotou, the Governor of the Central Bank of Cyprus, delivered a robust message at the TechIsland conference in Limassol....
https://knews.kathimerini.com.cy/en/comment/opinion/a-closer-look-at-the-greek-turkish-dynamic
The public discourse is inundated with discussions for and against the evolving Greek-Turkish rapprochement. Strangely, there are few references to the Cyprus issue, which has continuously occupied Greek foreign policy since the 1950s....
https://knews.kathimerini.com.cy/en/news/the-missing-piece-in-greek-turkish-diplomacy
The public discourse has been flooded with commentaries in favor or against the ongoing efforts for a Greek-Turkish rapprochement....
https://knews.kathimerini.com.cy/en/news/7-68-million-people-await-hospital-treatment-in-england-a-record-high
The number of people in England waiting to start routine hospital treatment has hit a record high....
https://knews.kathimerini.com.cy/en/news/90-winter-flight-schedule-boosts-tourism-hopes
Airlines based in Cyprus are planning to operate 90% of their flights during the upcoming winter season, as revealed by Maria Kouroupi, the Director of Communications and Marketing at Hermes Airports, in an interview with "K." ...
https://knews.kathimerini.com.cy/en/news/are-cypriots-stuck-in-traffic-by-choice
Traffic congestion in Cyprus, especially during school hours and extracurricular activities, is a recurring issue that not only makes headlines but also sparks extensive public discussions about potential solutions, which have proven ineffective in recent years....
https://knews.kathimerini.com.cy/en/news/appalling-lack-of-accessibility-revealed-at-nicosia-bus-stop
Disturbing images have surfaced, shedding light on the dire condition of a bus stop in Nicosia, where an elderly disabled individual was found waiting in distress....
https://knews.kathimerini.com.cy/en/news/new-eu-card-to-make-travel-easier-for-people-with-disabilities
The European Commission has unveiled a legislative proposal aimed at improving access to free movement for individuals with disabilities within the European Union....
https://knews.kathimerini.com.cy/en/news/tourism-prospects-in-cyprus-under-threat-after-attacks-on-arab-tourists
Two months ago, a group from the Deputy Ministry of Tourism, led by the Deputy Minister, visited the United Arab Emirates....
https://knews.kathimerini.com.cy/en/business/cyprus-boosts-energy-sector-with-€104m-revamp
The Republic of Cyprus has submitted a revised Recovery and Resilience Plan to the European Commission, incorporating the REPower EU chapter with an additional allocation of €104 million....
https://knews.kathimerini.com.cy/en/news/assessing-school-preparedness-are-they-ready-for-the-first-bell
Education is finalizing preparations for the upcoming school year, set to commence on September 7 for secondary and September 11 for primary education. ...
https://knews.kathimerini.com.cy/en/news/academics-weigh-in-on-chlorakas-violent-turn
Academics from the fields of psychology and political science are presenting an interpretation of recent events in Chloraka. The events involved a protest march by local residents over the migration issue, which took a dramatic turn with incidents of beatings, property destruction, and individual arrests. ...
https://knews.kathimerini.com.cy/en/news/clashes-erupt-in-pyla-buffer-zone-as-un-prevent-roadwork
Clashes erupted this morning within the buffer zone near Pyla, Cyprus, as Turkish Cypriots confronted United Nations personnel. The incident unfolded as UN peacekeepers intervened to block unauthorized road construction between occupied Arsus and Pyla, which violates the established status quo....
