https://knews.kathimerini.com.cy/en/news/cyprus-sees-higher-borrowing-costs-lower-deposit-rates-in-july
Interest rates on consumer loans and mortgages in Cyprus increased in July, according to the Central Bank of Cyprus (CBC). The rate for consumer credit climbed to 6.67% from 6.18% in June, while the rate for home loans rose to 4.59% from 4.52%....
https://knews.kathimerini.com.cy/en/news/u-s-seizes-venezuelan-president-maduro-s-private-jet
The United States has seized a plane used by Venezuelan President Nicolás Maduro, citing violations of U.S. sanctions and other criminal activities....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-s-profits-surge-amid-higher-lending-rates
Hellenic Bank, Cyprus’ second-largest lender, has had a strong start to 2024, reporting a net profit of €189 million in the first half of the year—a solid 18% increase from last year. This boost in profit is mainly due to a 30% rise in interest income, driven by higher European Central Bank (ECB) interest rates....
https://knews.kathimerini.com.cy/en/news/the-will-it-ever-cool-down-edition
Good morning, Cyprus! The seasonal low pressure and an unstable air mass are doing their best impression of a confused tourist—wandering around, bringing the occasional surprise but mostly just trying to keep things interesting....
https://knews.kathimerini.com.cy/en/news/government-revenue-boosts-cyprus-surplus-to-€702-5-million
The Republic of Cyprus recorded a significant fiscal surplus of €702.5 million for the period of January to July 2024, according to preliminary General Government fiscal results, released on Friday by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/news/god-wants-me-to-save-the-world-trump-says-after-shooting
Former President Donald Trump stated that God spared him from an assassination attempt last month, suggesting that he was saved to rescue the United States......
https://knews.kathimerini.com.cy/en/news/cyprus-banks-to-engage-with-top-investors-in-london
The investment community is turning its focus to a major conference in London, set for late September, where several Cypriot banks will be represented....
https://knews.kathimerini.com.cy/en/news/cera-decision-delay-stalls-cyprus-crete-electrical-cable-project
The Regulatory Authority of Cyprus (CERA) has once again postponed its decision on the timing of cost recovery for the Cyprus-Crete electrical cable project, causing frustration among stakeholders....
https://knews.kathimerini.com.cy/en/business/8-real-estate-investment-opportunities-by-astrobank
AstroBank is selling an unfinished commercial building in Strovolos and other commercial, residential and agricultural properties that are ideal investment opportunities in Nicosia, Famagusta, and Paphos....
https://knews.kathimerini.com.cy/en/news/cyprus-to-offer-more-affordable-homes-with-cldc-s-three-part-plan
The development programme of the Cyprus Land Development Corporation (CLDC) will move along three pillars in order for the organisation to provide affordable housing for purchase or rent to beneficiaries, is Director General Eleni Symeonidou, has told the Cyprus News Agency, stressing the contribution of the organisation in easing the housing shortage....
https://knews.kathimerini.com.cy/en/news/tui-halts-day-trips-to-occupied-areas-of-cyprus
TUI, Europe’s largest tour operator, has announced that it will stop organizing day trips from the free areas of Cyprus to the occupied territories starting August 31. ...
https://knews.kathimerini.com.cy/en/news/cypriot-banks-slash-eurosystem-funding-by-€2-6-billion
Cypriot banks have almost zeroed funding from the Eurosystem via the Targeted Long-Term Refinancing Operations (TLTRO), with the latest data by the Central Bank of Cyprus (CBC) showing repayments amounting to €2.6 billion....
https://knews.kathimerini.com.cy/en/comment/opinion/why-fidias-unity-message-is-polarizing
Let me clarify from the outset: I do not align with those who view Fidias’s presence in politics as a healthy development, nor do I support the notion that his election represents a "revolutionary" challenge to the failures of our political system....
https://knews.kathimerini.com.cy/en/news/ukraine-intensifies-fight-against-illicit-tobacco-trade
The illicit tobacco trade in Ukraine, one of Europe's most prominent black markets for cigarettes, is sending shockwaves through the economies of neighboring countries,...
https://knews.kathimerini.com.cy/en/comment/opinion/global-uncertainty-looms-as-biden-s-final-months-approach
Five months remain until the next US president is sworn in. Five very fluid and dangerous months. Everyone knows that President Joe Biden is on his way out. His power and influence are waning with each passing day....
https://knews.kathimerini.com.cy/en/news/russian-consulate-in-occupied-cyprus-serves-its-10-000th-visitor
Russia has opened a new consulate office in the Turkish-occupied northern part of Cyprus to serve its growing expatriate community, which now numbers more than 50,000. ...
https://knews.kathimerini.com.cy/en/news/limassol-s-recurring-pollution-problem-calls-for-stronger-government-action
A recurring pollution problem in the Limassol sea has once again provoked strong reactions from citizens, highlighting a lack of coordination among state departments. ...
https://knews.kathimerini.com.cy/en/comment/opinion/why-we-failed-as-a-country
In July, the resilience of Cypriot society was tested once again as it faced yet another challenge, underscoring its entrapment in heavy fuel oil. This entrapment translates into an annual fine of €200 million due to emissions. ...
https://knews.kathimerini.com.cy/en/news/paris-ranks-as-europe-s-most-expensive-city-for-housing
Paris remains the most expensive city in Europe for free-market housing, with an average price of 14,900 euros per square meter, according to a report by Deloitte....
https://knews.kathimerini.com.cy/en/news/the-cypriot-hill-station
"Next Thursday, His Excellency the High Commissioner will depart from here with his family to go to his residence in Troodos for a vacation."(June 25, 1910). ...
https://knews.kathimerini.com.cy/en/news/russia-opposes-turkish-naval-base-plans-in-occupied-cyprus
Russia has expressed opposition to the militarization of the Eastern Mediterranean and supports a viable and just resolution to the Cyprus issue, as well as agreements that prevent any air connections with the Turkish-occupied areas, according to Yuri Pilipson......
https://knews.kathimerini.com.cy/en/news/kamala-harris-unveils-economic-plan-with-tax-cuts-and-housing-focus
Vice President Kamala Harris is set to present a comprehensive economic plan during a major policy speech in Raleigh, North Carolina, on Friday....
https://knews.kathimerini.com.cy/en/news/brace-yourself-for-another-scorcher-yet-again
For those who haven’t been paying attention (or are blissfully unaware), it’s going to be HOT in Cyprus today. Shocking, right? Yes, people who complained about the same weather report day after day, our bad....
https://knews.kathimerini.com.cy/en/life/tablet-use-linked-to-anger-issues-in-young-kids-study-finds
A new study suggests that giving toddlers a tablet might lead to anger issues as they grow up. Researchers followed a group of preschoolers in Nova Scotia, Canada, and found that kids who used tablets at around 3.5 years old were more likely to have angry outbursts by the time they were 4.5. ...
https://knews.kathimerini.com.cy/en/news/cyprus-beach-cleanups-remove-110-kg-of-waste
In a series of recent beach cleanup events held across Cyprus, beachgoers and volunteers came together to collect more than 110 kilograms of waste as part of the "Keep our Sand and Sea Plastic Free" project....
https://knews.kathimerini.com.cy/en/news/us-greenlights-$20-billion-arms-sale-to-israel
The U.S. has approved a $20 billion arms sale to Israel, the State Department announced Tuesday. ...
https://knews.kathimerini.com.cy/en/news/uk-unemployment-falls-to-4-2
Britain’s unemployment rate fell to 4.2% in the second quarter, down from 4.4% in the previous quarter, according to data released Tuesday by the Office for National Statistics (ONS)....
https://knews.kathimerini.com.cy/en/comment/opinion/trilateral-meeting-proposal-faces-hurdles-as-tatar-continues-to-refuse
President Christodoulides' strategy to pressure Ersin Tatar into agreeing to a trilateral meeting, despite Tatar’s ongoing refusal, appears ineffective. ...
https://knews.kathimerini.com.cy/en/business/chevron-pushing-for-more-concesions-on-aphrodite-gas-field
In an article published in yesterday's Kathimerini, Yiannis Ioannou writes that Cyprus is grappling with significant challenges over the development of its Aphrodite gas field, a situation that's becoming more complicated by the day. This issue is in the spotlight due to a series of events and the broader regional instability affecting energy projects....
https://knews.kathimerini.com.cy/en/news/cyprus-talks-hit-a-snag-as-tatar-says-no-to-un-meeting
According to Kathimerini's Marina Economidou, last week, Cypriot President Nikos Christodoulides expressed a strong interest in restarting talks about the Cyprus issue. ...
