https://knews.kathimerini.com.cy/en/news/kombos-propose-high-frequency-aid-corridor-to-gaza
Cyprus is putting forth an ambitious plan for a secure and closely monitored humanitarian aid hub and sea corridor to facilitate the efficient flow of aid to Gaza....
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/babies-among-12-dead-in-israel-hamas-fuel-dispute
Hamas has denied refusing an offer of fuel from Israel for Gaza's biggest hospital, which the World Health Organisation says is "not functioning" due to bombing and gunfire....
https://knews.kathimerini.com.cy/en/news/clouds-and-spotty-showers-ahead
In the latest forecast, a shift in weather patterns is set to bring a mix of conditions to the island....
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/business/cyprus-trade-deficit-swells-as-imports-surge-in-2023
Cyprus faces a growing trade deficit, reaching €6,490.8 million in January-September 2023, a €685.1 million increase from the same period in 2022, reports the Statistical Service of Cyprus. Total imports surged by 12.7% to €9,756.5 million, with exports rising by 14.6% to €3,265.7 million during the same period....
https://knews.kathimerini.com.cy/en/news/netanyahu-s-rejection-shakes-up-gaza-crisis
Benjamin Netanyahu rejected a deal for a five-day ceasefire with Palestinian militant groups in Gaza in return for the release of some of the hostages held in the territory early in the war, according to sources familiar with the negotiations....
https://knews.kathimerini.com.cy/en/news/cyprus-confronts-alarming-rise-in-children-s-mental-health-struggles
A recent study by the World Health Organization (WHO) reveals alarming rates of mental health issues among children in Cyprus. One in three or one in four children, both globally and locally, report recurring mental health challenges more than once a week, according to the WHO Health Behaviour in School-aged Children....
https://knews.kathimerini.com.cy/en/news/why-astrobank-and-cdb-bank-couldn-t-agree-on-a-price
The deal between Astrobank and CDB Bank fell apart over a few million euros, even though they had given a "reason" and had agreed on the price in September 2023....
https://knews.kathimerini.com.cy/en/news/european-commission-demands-turkey-s-commitment-to-un-framework-on-cyprus
The European Commission’s annual report on Turkey’s EU accession process, presented in Brussels on Wednesday, stressed the need for a Cyprus settlement based on a bizonal bicommunal federation as the only solution that is acceptable by the EU....
https://knews.kathimerini.com.cy/en/news/school-trip-in-limbo-as-unfit-buses-caught-in-the-act
In a recent development reported by Dinos Ellinas, the president of the school committee, buses scheduled for a school trip to Omodos faced a setback as their tires were deemed unsafe by the Road Transport Department and the police in Limassol....
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/seven-ways-to-boost-cyprus-economy-and-competitiveness
The Cyprus economy needs seven important pillars to respond to the increasingly volatile environment, achieve greater growth, gain a more resilient and competitive economy, and develop innovation and more growth potential, according to PwC CEO Philippos Soseilos....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-bracing-for-profit-squeeze-according-to-moody-s
Moody's believes that Cyprus' small and saturated banking sector, the banks' limited loan portfolio, and low fee and commission income will restrict opportunities for growth in domestic banks' activities and profitability in the long term....
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/life-expectancy-in-cyprus-drops-to-81-3-years
Data released by Eurostat, the statistical service of the European Union, reveals that life expectancy in Cyprus has declined to 81.3 years....
https://knews.kathimerini.com.cy/en/news/suppliers-push-for-price-increases-amidst-economic-uncertainty
Marios Antoniou, the General Secretary of the Retail Trade Association, discussed the pricing dynamics of products affected by the zero VAT rate, as well as current data and requests for price adjustments during an appearance on SPOR FM's show, Dispersion News....
https://knews.kathimerini.com.cy/en/news/agios-silas-wildfire-sparks-emergency-response
A wildfire ignited on Monday afternoon in the vicinity of Agios Silas, Limassol, Cyprus, threatening dry grasslands and wild vegetation. The incident was reported to local authorities, and an immediate response was initiated to contain the blaze....
https://knews.kathimerini.com.cy/en/news/standing-pods-and-robot-flight-attendants-on-2050-airline-cabins
Artificial intelligence can be brutally honest and play up to stereotypical views - as Irish budget airline Ryanair found out recently....
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/sea-lice-disaster-hits-iceland-s-prominent-salmon-farm
Images of severely diseased, dead and dying salmon at an Icelandic fish farm, obtained by the Guardian, have been described by one veterinary expert as an “animal welfare disaster” on a scale never previously seen....
https://knews.kathimerini.com.cy/en/business/ppc-becomes-new-owner-of-kotsovolos-in-€200-million-deal
In a significant development, PPC, the Greek energy company, has emerged as the new owner of the popular retail brand "Kotsovolos." This transition was facilitated through a deal with the British group Currys, valuing the acquisition at €200 million, entirely free from loans and lease obligations....
https://knews.kathimerini.com.cy/en/news/cyprus-records-€253-8m-in-new-loans-for-september-2023
Pure new loans in September 2023 increased to €253.8 million compared to €207 million in August 2023, according to the latest data released by the Central Bank of Cyprus on Thursday.
...
https://knews.kathimerini.com.cy/en/business/limassol-s-real-estate-boom-registers-€310m-in-property-sales-for-q3-2023
Ask Wire, a real estate and technology expertise company, has conducted an analysis and presented data on property sales in the Limassol district for the third quarter of 2023.
...
https://knews.kathimerini.com.cy/en/news/metropolitan-police-remove-kidnapped-hostage-posters-in-london
A relative of an Israeli man who is among at least 230 hostages abducted by Hamas has criticized the Metropolitan Police for removing posters calling for their release....
https://knews.kathimerini.com.cy/en/news/€16-billion-in-energy-investments-for-2021-2030
Cyprus' investment footprint in the energy sector is small but not insignificant, with expected investments in the sector amounting to over €16 billion for the decade 2021-2030, experts said at the third and fourth sessions of the 11th energy symposium, organised by FMW and the Institute of Energy of South East Europe in Nicosia on Tuesday....
https://knews.kathimerini.com.cy/en/business/a-cheesy-dilemma-as-halloumi-faces-new-market-challenges
Amid renewed discussions on the PDO halloumi milk quota, a fresh challenge has emerged for producers and the competitiveness of the product. The market now sees products labeled as ''grilled cheese,''...
https://knews.kathimerini.com.cy/en/comment/opinion/in-the-face-of-unions-and-gesy-where-are-our-politicians
The conflict between OKYpY and guilds is an undeniably political matter. It should be addressed as such if we wish to identify the political figures involved. ...
