https://knews.kathimerini.com.cy/en/news/eurobank-takes-control-with-55-3-share-in-hellenic-bank
The European Central Bank (ECB) has given its approval for Eurobank to acquire a majority stake of over 50% in Hellenic Bank, marking a significant milestone in the banking landscape of Cyprus....
https://knews.kathimerini.com.cy/en/news/supreme-court-to-decide-on-auditor-general-s-dismissal-objection
At 9:30 p.m. on June 5, the Council of the Supreme Constitutional Court will announce its decision on a preliminary objection raised by Auditor General Odysseas Michaelides. ...
https://knews.kathimerini.com.cy/en/news/fti-bankruptcy-adds-to-woes-of-cyprus-tourism-sector
The recent bankruptcy of German tour operator FTI has sent ripples through the Cyprus tourism industry, highlighting both immediate concerns and long-term implications....
https://knews.kathimerini.com.cy/en/news/free-outdoor-movie-nights-in-nicosia
Downtown Nicosia is set to come alive this June with complimentary outdoor movie nights, offering an enchanting experience under the early summer sky....
https://knews.kathimerini.com.cy/en/news/mario-nava-advocates-bicommunal-energy-project-in-cyprus
A bicommunal photovoltaic power plant would increase cooperation in the energy field and build trust, Mario Nava, the Director-General of the European......
https://knews.kathimerini.com.cy/en/business/profits-soared-in-cyprus-banking-sector-in-2023
The Cyprus banking sector experienced a significant surge in profitability by the end of 2023, as indicated by key financial indicators from the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/news/koumis-praises-larnaca-s-tourism-milestone-with-new-brand
Larnaca’s new brand identity was presented on Friday aimed at attracting more tourism to the coastal town....
https://knews.kathimerini.com.cy/en/news/limassol-tavern-explosion-linked-to-personal-feud
Police were put on high alert early Monday after an explosion shook a tavern in Zakaki, Limassol. The blast occurred shortly before 5:00 a.m., causing minor damage to the establishment....
https://knews.kathimerini.com.cy/en/news/dueling-visions-from-nicosia-s-mayoral-candidates
In the bustling streets of Nicosia, the race for mayoral office is heating up, with candidates Nikos Tornaritis and Charalambos Prountzos vying for the helm of Cyprus's capital city...
https://knews.kathimerini.com.cy/en/news/have-scientists-cracked-the-code-of-the-universe-s-missing-black-holes
The early universe contained far fewer miniature black holes than previously thought, making the origins of our cosmos's missing matter an even greater mystery, a new study has suggested....
https://knews.kathimerini.com.cy/en/news/turkey-grapples-with-stray-dog-crisis
Dogs rush over and greet Nilgul Sayar when she arrives by car to feed them in the countryside near Istanbul, one of many Turks with affection for Turkey’s estimated four million stray dogs, whose fate now lies in the government’s hands....
https://knews.kathimerini.com.cy/en/news/fun-in-the-sun-ahead-this-weekend
Hey there, weekend warriors! Get ready to soak up some sunshine because weak high pressure is in town, bringing mostly clear skies to the area. But don't pack away those umbrellas just yet - there might be some occasional clouds rolling in to keep things interesting....
https://knews.kathimerini.com.cy/en/news/vafeades-confirms-qatar-s-interest-in-larnaca-marina-development
Transport Minister Alexis Vafeades announced on Thursday that Qatar and other international investors have shown interest in the development of Larnaca Port and Marina. ...
https://knews.kathimerini.com.cy/en/news/shipping-minister-to-address-european-maritime-day
Cyprus Shipping Deputy Minister Marina Hadjimanolis, departs on Wednesday for Svendborg, Denmark to attend the European Maritime Day EMD 2024 Conference between 30-31 May....
https://knews.kathimerini.com.cy/en/news/president-stresses-urgency-on-larnaca-development
Τhe President of the Republic, Nikos Christodoulides, has urged ministers on Wednesday to move quickly, referring to the issue that arose with Larnaca port and the marina project....
https://knews.kathimerini.com.cy/en/business/astrobank-investment-opportunities-in-paphos-and-famagusta
AstroBank is selling a shop at the Paphos town centre, a detached house in Peyia as well as agricultural and residential plots elsewhere in Paphos and in Famagusta that are ideal as an investment.
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https://knews.kathimerini.com.cy/en/news/hearings-have-begun-in-the-auditor-general-dismissal-case
Proceedings have begun at the Supreme Constitutional Court regarding the Attorney General's application to dismiss Auditor General Odysseas Michaelides. The preliminary issue raised by Michaelides' legal team questions the constitutional authority of the Attorney General to seek such a dismissal....
https://knews.kathimerini.com.cy/en/news/ecb-to-implement-first-interest-rate-cut
The European Central Bank (ECB) is poised to execute its much-anticipated rate cut, scheduled to take effect on Thursday, June 6, 2024....
https://knews.kathimerini.com.cy/en/news/government-seeks-new-investor-for-larnaca-port
After prolonged negotiations, the government has reached a resolution with the consortium tasked with revamping the port and marina of Larnaca......
https://knews.kathimerini.com.cy/en/news/vafeadis-government-had-no-choice-but-to-terminate-the-contract
In a significant announcement, Cyprus’ Minister of Transport, Communications, and Works, Alexis Vafeades, declared that the government had no choice but to terminate the contract with Kition Ocean Holdings Ltd, tasked with the redevelopment and operation of the Larnaca Port and Marina area....
https://knews.kathimerini.com.cy/en/news/ferreira-backs-green-line-trade-for-cyprus-reconciliation
European Union (EU) Commissioner for Cohesion and Reform, Elisa Ferreira, emphasized the pivotal role of Green Line trade in fostering reconciliation in Cyprus during an exclusive interview with Yeni Douzen....
https://knews.kathimerini.com.cy/en/news/farmers-seize-control-policemen-caught-off-guard-in-occupied-territories
A demonstration outside the prime minister's residence in the occupied territories erupted into chaos on Monday as farmers, supported by various trade unions, NGOs, and political groups, voiced their grievances....
https://knews.kathimerini.com.cy/en/news/amalthea-initiative-brings-cyprus-and-qatar-closer
His Highness the Emir of Qatar, Sheikh Tamim bin Hamad Al-Thani, commenced his visit to Cyprus with a cordial reception by President Nikos Christodoulides of the Republic of Cyprus upon arrival at Larnaca Airport....
https://knews.kathimerini.com.cy/en/news/why-the-high-interest-rates-when-inflation-is-low
Finance Minister Makis Keravnos has criticized the high lending rates in Cyprus, calling them unjustifiable given the country's relatively low inflation. In an interview with the Sunday edition of ''Phileleftheros,''...
https://knews.kathimerini.com.cy/en/comment/opinion/akel-accused-of-anti-european-populism-ahead-of-elections
In the past week, Annita Demetriou presented DISY's positions for the European elections while launching a simultaneous offensive against AKEL....
https://knews.kathimerini.com.cy/en/news/elam-s-surge-is-shaking-up-cyprus-politics
According to a report today by Marina Economidou in this Sunday's Kathimerini, with Cyprus gearing up for elections, the surge of the far-right party ELAM has become a central focus, particularly as it threatens to displace DIKO from its third-place position. ...
https://knews.kathimerini.com.cy/en/news/disy-and-akel-neck-and-neck-as-third-place-up-for-grabs
With just two weeks remaining until the elections, a Kathimerini poll reveals a crucially divided electoral landscape in Cyprus, marked by high rates of voter abstention and competitive races for the top political positions....
https://knews.kathimerini.com.cy/en/news/world-bank-tribunal-backs-cyprus-2013-bank-measures
Cyprus’ Attorney-General, George Savvides said on Thursday that a decision by the International Arbitral Tribunal of the World Bank on the case Theodoros......
https://knews.kathimerini.com.cy/en/news/auditor-general-s-dismissal-hearing-postponed
The first official hearing on Attorney General George Savvidis' request to dismiss Auditor General Odysseas Michaelides has been postponed....
https://knews.kathimerini.com.cy/en/business/rif-and-israel-innovation-authority-launch-€900-000-call-for-joint-r-d-projects
The Research and Innovation Foundation (RIF), in collaboration with the Israel Innovation Authority (IIA), has unveiled a fresh joint call for proposals, boasting a substantial budget of €900,000....
