https://knews.kathimerini.com.cy/en/business/bank-of-england-cuts-interest-rates-after-nearly-a-year-of-stability
The Bank of England (BoE) has cut interest rates for the first time since the start of the COVID-19 pandemic, dropping them from a 16-year high. This decision, made by a narrow 5-4 vote, reflects a split among policymakers about whether inflation is under control....
https://knews.kathimerini.com.cy/en/news/father-arrested-for-negligence-in-death-of-newborn-in-nicosia
A case of severe negligence leading to the death of a three-month-old baby girl has shocked Cyprus. Authorities have arrested the 23-year-old father and are seeking the 22-year-old mother, who is believed to have fled to Greece....
https://knews.kathimerini.com.cy/en/business/7-real-estate-investment-opportunities-by-astrobank
AstroBank is selling an unfinished commercial building in Strovolos and other commercial, residnetal and agricultural properties that are ideal investment opportunities in Nicosia, Larnaca, Famagusta, and Paphos.
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https://knews.kathimerini.com.cy/en/business/large-residential-fields-for-sale-by-astrobank
https://knews.kathimerini.com.cy/en/news/multiple-violations-on-pervolia-beaches
An official from the Office of the Environment Commissioner has uncovered several violations on the beaches of Pervolia, including unauthorized shacks operating as bars, use of electricity, absence of a lifeguard tower, and vehicle movement on the beaches....
https://knews.kathimerini.com.cy/en/news/historic-artemis-statue-found-at-kourion-site
A marble statue of Apollo’s twin sister Artemis dated to the fourth century CE was found during the 2024 final excavation season of the Kourion Urban Space Project....
https://knews.kathimerini.com.cy/en/news/market-changes-eurobank-s-move-and-economic-struggles
Bank of Cyprus shares were delisted from the Athens Stock Exchange following the 2013 financial crisis and the turbulent merger with Laiki Bank, including the depositor haircut...
https://knews.kathimerini.com.cy/en/news/eu-faces-internal-struggle-over-hungarian-presidency-boycott
According to Kathimerini's Pavlos Xanthoulis, the European Union is facing a delicate situation as it grapples with the Hungarian Presidency and the upcoming informal Council of Foreign Ministers, known as Gymnich, scheduled for August 28-29 in Budapest....
https://knews.kathimerini.com.cy/en/news/biden-withdraws-from-us-presidential-race
President Joe Biden has withdrawn from the 2024 presidential race, a decision that injects significant uncertainty into the Democratic nomination process just months before the November election against Donald Trump. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-political-failure-50-years-on
The 20th of July will mark the day the Turkish Army invaded and occupied 40% of the island of Cyprus. Greece’s Prime Minister Mitsotakis, dignitaries and other heads of state will be welcomed as guests by President Christodoulides to commemorate that historical dark event but to also make the customary petty speeches aimed to tickle people’s ears....
https://knews.kathimerini.com.cy/en/news/ecb-keeps-interest-rates-steady-amid-mixed-inflation-signals
The European Central Bank decided today to keep its key interest rates unchanged, as anticipated. This means the rates for main refinancing operations, marginal financing, and deposit facilities remain steady at 4.25%, 4.50%, and 3.75%, respectively....
https://knews.kathimerini.com.cy/en/news/solar-powered-smart-benches-to-monitor-air-quality-in-greece
https://knews.kathimerini.com.cy/en/business/6-real-estate-investment-opportunities-by-astrobank
Apartments, beachfront land, commercial properties and other investment opportunities are available for sale by AstroBank in Paphos, Famagusta, Larnaca and Nicosia....
https://knews.kathimerini.com.cy/en/comment/opinion/are-we-in-a-real-estate-bubble
The real estate market has been steadily rising since 2015, marking the ninth consecutive year of growth in the sector. However, this broad trend has not been without fluctuations, particularly influenced by the economic disruptions of the pandemic era. Monthly analyses of transaction numbers and volumes from this platform illustrate these ups and downs....
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/news/diplomatic-efforts-intensify-amidst-critical-juncture
The diplomatically crucial time leading up to Friday is seen as particularly important for efforts to break the deadlock in the Cyprus talks. UN Secretary General's personal envoy, Maria Angela Holguin Cuellar, ...
https://knews.kathimerini.com.cy/en/news/george-clooney-urges-biden-to-step-aside-for-2024
Hollywood actor and prominent Democratic fundraiser George Clooney has urged President Joe Biden to step aside for the 2024 election, citing concerns over Biden's ability to defeat Donald Trump. ...
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/business/real-estate-investment-opportunities-by-astrobank-in-paphos-famagusta-and-nicosia
Astrobank has listed for sale residential plots in Strovolos, in the GSP area, and other properties in Paphos, Famagusta and Nicosia that are ideal investment opportunities....
https://knews.kathimerini.com.cy/en/news/elderly-woman-dies-while-swimming-in-geroskipou
A 78-year-old Greek Cypriot woman tragically died while swimming in the sea off Geroskipou on the morning of Wednesday, July 10....
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/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/un-report-flags-rising-tensions-in-cyprus-buffer-zone
A new UN report by Secretary-General Antonio Guterres raises serious concerns about rising tensions in Cyprus, where actions by Greek Cypriot and Turkish Cypriot forces are undermining the authority of the United Nations Peacekeeping Force in Cyprus (UNFICYP)....
https://knews.kathimerini.com.cy/en/news/cbc-to-keep-dividends-low-despite-bank-profits
The increased profitability of Cypriot banks, will not affect the supervisory authorities’ views over the necessity to maintain a prudent policy with respect to banks’ dividend payments, the Central Bank of Cyprus said in its annual report for 2023, published on Wednesday....
https://knews.kathimerini.com.cy/en/business/5-real-estate-investment-opportunities-by-astrobank
AstroBank has listed for sale a commercial property consisting of three shops in Larnaca as well as residential and agricultural real estate ideal for investment in Larnaca, Paphos, and Famagusta....
https://knews.kathimerini.com.cy/en/business/new-pyramid-scheme-preys-on-cypriots-promising-big-profits
In a report by Hectoras Georgiou from Kathimerini, a new company named Metamax has recently popped up in Cyprus, promising substantial profits to users through its application. ...
https://knews.kathimerini.com.cy/en/comment/opinion/why-building-a-home-is-rare-today
As discussed in our previous article, the housing landscape in our country is changing, with home ownership rates decreasing and aligning with the European average. ...
https://knews.kathimerini.com.cy/en/news/turkish-navy-monitors-italian-cable-laying-in-cyprus-eez
The Turkish Navy is keeping a close eye on the work of the Italian vessel Teliri, which is to lay telecommunication cables within Cyprus’ exclusive economic zone (EEZ) that will stretch to Greece and then to Italy. ...
https://knews.kathimerini.com.cy/en/news/violence-erupts-in-limassol-two-injured-in-family-brawl
A tumultuous altercation erupted Thursday night, June 27, in Limassol, resulting in injuries to two individuals....
https://knews.kathimerini.com.cy/en/business/4-houses-for-sale-by-astrobank
AstroBank has listed for sale houses in Nicosia, Larnaca, and Paphos that are ideal for own-occupancy....
