https://knews.kathimerini.com.cy/en/news/tightened-lending-criteria-and-reduced-loan-demand-in-q2-2023
During the second quarter of 2023, lending criteria for both businesses and households in Cyprus remained stringent, with banks exercising caution....
https://knews.kathimerini.com.cy/en/news/property-sales-surge-to-15-year-high-due-to-foreign-buyers
Residential property sales in Cyprus hit a 15-year record high in the second quarter of 2023, with significant increases in prices, according to data released by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/business/residential-and-farming-land-for-sale-by-astrobank
AstroBank is selling residential and farming land in various areas across the island....
https://knews.kathimerini.com.cy/en/news/president-addresses-global-security-at-cairo-summit
This is not a regional crisis of limited concern or impact, it is fundamentally a question of international peace and security and a challenge that our global collective security system must respond to, President of the Republic Nikos Christodoulides told the International Peace Summit that took place Saturday in Cairo....
https://knews.kathimerini.com.cy/en/news/gaza-death-toll-surpasses-4-000-as-conflict-continues
In a harrowing revelation, Israel's military has disclosed that 20 children under the age of 18 are among 200 hostages currently being held in Gaza, following the series of attacks by Hamas on October 7th.
...
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/residential-and-agricultural-land-for-sale-by-astrobank
AstroBank is selling residential and agricultural land in various areas of Cyprus in the districts of Famagusta, Larnaca, Paphos, and Nicosia....
https://knews.kathimerini.com.cy/en/news/rhapsody-of-the-seas-brings-159-americans-to-cyprus
The cruise ship Rhapsody of the Seas sailed into Limassol port at dawn, carrying 159 foreign nationals from Israel, the majority of them Americans, as part of the ferry route arranged by the US Embassy in cooperation with the Republic of Cyprus. The US-Cyprus cooperation was praised by Ambassador Julie Fisher, who was at the passenger terminal this morning....
https://knews.kathimerini.com.cy/en/news/eviction-orders-issued-for-pissouri-residences-amid-ground-subsidence-concerns
In Pissouri, eviction orders have been issued for 25 residences in the Limnes area due to ground subsidence. The President of the Pissouri Community Council, Lazaros Lazarou, reported this to Parliament. ...
https://knews.kathimerini.com.cy/en/news/government-to-expand-workforce-in-2024
In the 2024 budget, authorities anticipate total general government revenue of €13.2 billion and expenditures of €11.8 billion, resulting in a fiscal surplus of €659 million, equal to 2.2% of GDP. ...
https://knews.kathimerini.com.cy/en/business/1-houses-and-building-land-for-sale-by-astrobank
AstroBank is selling building and farming land, as well as houses across the island....
https://knews.kathimerini.com.cy/en/news/did-iran-fuel-hamas-attack-on-israel
The US intelligence community is digging through its stores of data and tasking the nation’s spy agencies to hunt for fresh clues to determine whether Iran played a direct role in Saturday’s deadly attack on Israel by Hamas, a senior Biden administration official said Tuesday....
https://knews.kathimerini.com.cy/en/news/christodoulides-celebrates-cyprus-as-a-maritime-powerhouse-at-maritime-cyprus-2023
President Nikos Christodoulides addressed the Maritime Cyprus 2023 Conference in Limassol, highlighting Cyprus as a major ship management center in Europe and worldwide. ...
https://knews.kathimerini.com.cy/en/news/nicosia-s-walled-city-receives-€220-million-makeover
Over the last 12 years the investment to revitalize the walled city reached 220 million euros in total, Nicosia Mayor, Constantinos Yiorkadjis said on Friday, noting that during this period, projects worth 100 million euros have been completed in the historic centre, while 50 million euros worth of projects are underway....
https://knews.kathimerini.com.cy/en/news/poles-and-greeks-europe-s-thriftiest-tourists
Poles are the most tight-fisted tourists in Europe, spending around €185 per person in other countries while visiting for tourism purposes, totalling up to €7.2 billion in 2022....
https://knews.kathimerini.com.cy/en/news/targeted-fuel-and-heating-reductions-in-government-s-considerations
The Cyprus Electricity Authority has announced a 3% increase in electricity prices for upcoming bills. ...
https://knews.kathimerini.com.cy/en/news/tourists-spend-over-€1-5-billion-setting-new-high
The most recent data from the Statistical Service regarding tourism revenues are confirming expectations, as expressed by Deputy Minister of Tourism Kostas Koumis in a recent interview with "K". It appears that this year could potentially set a new record for tourism revenues....
https://knews.kathimerini.com.cy/en/business/1-real-estate-investment-opportunities-by-astrobank
AstroBank is selling properties in several districts to suit all prospective buyers’ needs, whether for personal use or as an investment. The Bank's portfolio includes houses and apartments, office space, land, and commercial buildings. ...
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/president-s-silent-pension-raises-eyebrows
Both the President of the Republic and members of Parliament have emphasized the necessity of legislative regulation to put an end to the simultaneous receipt of public employee pensions and salaries by political officials.
...
https://knews.kathimerini.com.cy/en/comment/opinion/real-estate-boom-in-greece-and-cyprus
The real estate landscapes of Greece and Cyprus are undergoing significant transformations, with both nations showcasing promising growth and recovery. However, beneath the surface of these top-line numbers, there are underlying challenges and disparities that need to be addressed....
https://knews.kathimerini.com.cy/en/news/island-braces-for-thunderstorms
The Meteorological Service has issued a yellow warning for today, effective from 10 AM until 6 PM, indicating potential weather disruptions on the horizon....
https://knews.kathimerini.com.cy/en/news/15-4-spike-in-public-expenditure-for-2024
In the 2024 Budget, there's a notable rise of EUR 0.5 billion in public personnel expenditure. According to the Council of Ministers' approved budget table for 2024, this marks a substantial increase of 496 million euros. In terms of percentages, this surge amounts to 15.4% compared to the personnel expenditure allocated for the public sector in 2023....
https://knews.kathimerini.com.cy/en/news/august-2023-petroleum-sales-up-2-3
The total sales of petroleum products amounted to 124,832 tonnes in August 2023, recording an increase of 2.3% compared to August 2022, according to data published by the Statistical Service on Wednesday....
https://knews.kathimerini.com.cy/en/news/ministry-of-education-to-combat-school-bullying
The Parliamentary Education Committee convened on Wednesday, September 27, to address the pressing issue of school bullying and juvenile delinquency....
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/2-houses-and-agricultural-plots-for-sale-by-astrobank
AstroBank is selling houses and agricultural plots at affordable prices in Paphos, Famagusta, Larnaca and Nicosia....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-woos-investors-at-london-conference
Last week, the Bank of Cyprus launched a series of engagements with investors, with a particular focus on attracting new stakeholders. This initiative took place during the BofA Merrill Lynch conference, notably at the Annual Financials CEO Conference held in London from last Tuesday to Thursday. ...
https://knews.kathimerini.com.cy/en/news/what-immunologists-say-about-covid-shot-side-effects
It's officially fall, and that means pumpkin spice lattes are back—and that a new COVID-19 booster is available....
https://knews.kathimerini.com.cy/en/news/keravnos-expects-more-from-banks-to-boost-cyprus-economy
The Cyprus economy has proven its resilience in recent years, Finance Minister Makis Keravnos said Tuesday at the 4th Conference "Banking System: New Challenges and Opportunities", that takes place in Nicosia, noting that there are still challenges that the banking sector must address....
