https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-sets-interest-rate-limit-at-11-42
The Central Bank of Cyprus determined the reference interest rate to be 11.42%, exercising its powers under article 314A of the Cyprus Penal Code, Cap.154, and in accordance with the provisions of the said article....
https://knews.kathimerini.com.cy/en/business/€182m-deal-marks-hellenic-s-strategic-move-into-insurance-sector
CNP Cyprus, the subsidiary of the French insurance giant CNP Assurances, is finally being transferred to Hellenic Bank for €182 million....
https://knews.kathimerini.com.cy/en/news/cyprus-welcomes-foreign-workers-amidst-hotel-staffing-crisis
The accord forged by the Ministry of Labour alongside employer and trade union representatives to tackle workforce shortages, especially prevalent......
https://knews.kathimerini.com.cy/en/business/€17-million-worth-of-grants-for-big-businesses
The EU's Recovery and Resilience Plan is charging ahead, with the Department of Energy, Trade, and Industry (DTI) launching a call for applications under the 'Grant Scheme for the Energy Upgrading and Competitiveness of Large Enterprises'....
https://knews.kathimerini.com.cy/en/news/cyprus-travel-expo-2024-a-hit-with-10-000-visitors
The Cyprus Travel and Tourism Agents Association (ACTΤA) and Display Art Plc orchestrated a resounding success with the 25th Travel Expo Cyprus, held from April 19th to 21st, 2024, at the prestigious Cyprus State Fairgrounds.
...
https://knews.kathimerini.com.cy/en/news/vet-services-under-fire-for-neglecting-uncontrolled-dog-imports
A scathing report by the Commissioner for Administration and Protection of Human Rights, Maria Stylianou-Lottidis, sheds light on the failure of Cyprus's Veterinary Services to tackle the issue of uncontrolled importation of dogs. ...
https://knews.kathimerini.com.cy/en/business/hellenic-set-to-acquire-cnp-in-multimillion-euro-deal
Everything appears to be proceeding smoothly, and it seems that CNP Cyprus will soon be under the ownership of Hellenic Bank....
https://knews.kathimerini.com.cy/en/business/3-houses-for-sale-by-astrobank
AstroBank has listed for sale houses in Larnaca, Nicosia, and Paphos that are ideal for own-occupancy. ...
https://knews.kathimerini.com.cy/en/comment/opinion/spain-and-greece-face-dire-drought-conditions
“The tourism sector has to adapt to the situation we are experiencing, which is absolutely abnormal,” a member of the Catalan government told the Financial Times......
https://knews.kathimerini.com.cy/en/news/angelides-calls-for-checks-and-balances-on-michaelides-conduct
In a recent interview with Andreas Kimitris, Deputy Attorney General Savvas Angelides stressed the importance of following the right steps when looking into the Auditor General's behavior. ...
https://knews.kathimerini.com.cy/en/news/cypriot-banks-predicted-to-surpass-€1-2-billion-profits-in-2024
In a landmark year, Cypriot banks soared to unprecedented heights, boasting profits exceeding €1.1 billion in 2023....
https://knews.kathimerini.com.cy/en/news/lost-promises-missed-chances-secrets-behind-cyprus-eu-entry
In an exclusive interview with Kathimerini's Marina Economidou, Gunter Verheugen sheds light on the intricacies of negotiations surrounding the Cyprus problem at Burgenstock....
https://knews.kathimerini.com.cy/en/news/tehran-avoids-escalating-conflict-with-israel
Explosions echoed over an Iranian city on Friday in what sources described as an Israeli attack, but Tehran played down the incident and indicated it had no plans for retaliation - a response that appeared gauged towards averting region-wide war....
https://knews.kathimerini.com.cy/en/business/alternative-investments-and-portfolio-diversification
In contrast to traditional investments in stocks and bonds, portfolios incorporating alternative investments have historically offered higher returns, a trend that has become more prevalent in recent years. ...
https://knews.kathimerini.com.cy/en/news/less-talk-more-action
The government seems to have adopted a new strategy when it comes to addressing the growing issue of migration flows. Rather than discussing it publicly, there appears to be a preference for silence among government officials...
https://knews.kathimerini.com.cy/en/news/turkey-eu-relations-fracture-over-cyprus-connection
''The Cypriot connection to progress in Turkey-EU relations will never be accepted by us,'' declares the Turkish Ministry of Foreign Affairs....
https://knews.kathimerini.com.cy/en/news/government-emphasizes-legality-amid-increased-migration-flows
Speaking at a meeting with the Interim Coordinating Council of the Limassol District Local Administration Organization, Interior Minister Konstantinos......
https://knews.kathimerini.com.cy/en/business/exciting-new-dining-hub-emerges-at-limassol-s-trilogy
A new landmark is emerging on the Limassol seafront, promising to redefine the cityscape and create a vibrant community hub. The handover of the two iconic front towers at Trilogy is now underway,...
https://knews.kathimerini.com.cy/en/news/iran-israel-tensions-economists-warn-of-global-market-turbulence
As tensions simmer between Israel and Iran following recent Iranian attacks, economists are closely monitoring the potential implications for global markets....
https://knews.kathimerini.com.cy/en/business/2-agricultural-land-for-sale-by-astrobank
AstroBank has listed for sale large parcels of agriculture land in various parts of Cyprus....
https://knews.kathimerini.com.cy/en/business/tensions-mount-over-great-sea-interconnector
The Greek Energy Minister, Theodoros Skylakakis, expressed frustration at the Delphi Economic Forum regarding the tactics employed by the Cypriot government concerning the final investment decision on the Great Sea Interconnector power cable. ...
https://knews.kathimerini.com.cy/en/news/migration-tops-cypriot-concerns-in-eu-election-prep
In less than two months, Cyprus gears up for not only local elections but also European Parliament elections, with a Eurobarometer survey revealing key concerns and priorities among Cypriot voters....
https://knews.kathimerini.com.cy/en/news/cyprus-public-debt-declines-economic-outlook-brightens
According to a report by Panayiotis Rougalas, Cyprus is seeing a promising reduction in its public debt, with figures suggesting a return to 2019 levels....
https://knews.kathimerini.com.cy/en/news/cyprus-greece-ferry-bookings-open-on-wednesday
The Deputy Ministry of Shipping announced the commencement of the third season of operation for the Cyprus-Greece Maritime Passenger Link in a press conference held on Tuesday, April 16, 2024....
https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/news/countdown-for-potential-israeli-strike-on-iran-heightens-tensions
Israel is gearing up for a potential strike against Iran, with its air force on full alert for retaliation....
https://knews.kathimerini.com.cy/en/news/cyprus-braces-for-rising-israel-iran-tensions
When Saddam Hussein attacked the center of Tel Aviv with scud missiles in January 1991, Israeli citizens wore gas masks due to the risk of chemical attacks. It took 33 years for Israel to face another missile attack from a sovereign state....
https://knews.kathimerini.com.cy/en/business/what-economic-headlines-are-making-waves-this-week
Amidst a backdrop of economic shifts and global challenges, a series of key developments are shaping the financial landscape. ...
https://knews.kathimerini.com.cy/en/news/lagarde-signals-eurozone-interest-rate-drop-in-june
The President of the European Central Bank, Christine Lagarde, has hinted at the possibility of a rate cut in June, citing the need for more data......
https://knews.kathimerini.com.cy/en/news/cia
The CIA was drafting scenarios for the geographic separation of Greeks and Turks in Cyprus as early as 1964. These plans, ranging from relocating Turkish Cypriots to Turkey to exchanges of populations and territories with Greece...
