https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-politicians-perks-and-pensions-excessive-or-fair
The political landscape in Cyprus is abuzz once again, as opposition parties seize yet another opportunity to level criticism at President Christodoulides. ...
https://knews.kathimerini.com.cy/en/news/241-695-violations-in-speeding-and-multitasking-behind-the-wheel
Traffic Police cameras have logged a staggering 241,695 offenses since the implementation of the photo-recording system, spanning from January 1, 2022, to August 30, 2023....
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/gynecologist-ordered-to-pay-€2-5-million-in-landmark-medical-negligence-case
In a recent court ruling on a case of medical negligence, a gynecologist in Cyprus has been ordered to pay a substantial sum of €2.5 million....
https://knews.kathimerini.com.cy/en/news/nicosia-gears-up-for-quantum-nicosia-marathon-2023
On Sunday, December 10, 2023, Nicosia will host the eagerly awaited "Quantum Nicosia Marathon 2023," featuring various race categories, including the Marathon, Half Marathon, 7.7 Miles (12,400m), and 5km races (individual and corporate). ...
https://knews.kathimerini.com.cy/en/news/how-blockchain-technology-is-reshaping-financing
In this age of technology, digital transformation, and the omnipresence of the internet, alternative digital financing is emerging as an innovative and effective solution for both businesses and individuals in need of financial support....
https://knews.kathimerini.com.cy/en/business/ecb-vp-says-interest-rate-cuts-premature
In an interview with CNA, Louis de Guindos, Vice President of the European Central Bank, expressed that discussions regarding interest rate cuts are premature....
https://knews.kathimerini.com.cy/en/news/kasselakis-visit-uncovers-cyprus-crisis-and-greek-divide
Stefanos Kasselakis, the President of SYRIZA, finds himself in Cyprus amidst a whirlwind of controversy stemming from his recent use of the term "state" when referring to the illegal entity established by Turkey in northern Cyprus....
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/comment/opinion/the-president-s-rainy-rhetoric-on-his-undisclosed-income
''The weather may be rainy, but the clear sky isn't afraid of lightning.'' With this romantic and poetic line, the president responded to his critics regarding the issue of his undisclosed income. It's as if the man doesn't even deserve a small oversight....
https://knews.kathimerini.com.cy/en/business/vat-submission-deadline-extended-to-october-16
The Tax Department has announced that the submission of the VAT Declaration and the payment of the due tax for the period ending on August 31, 2023, are extended until October 16, 2023....
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/could-kasselakis-be-the-catalyst-for-resolving-the-cyprus-problem
Stefanos Kasselakis, the newly elected President of SYRIZA-Progressive Alliance, is currently on a two-day visit to Cyprus, marking his first international trip since assuming office as the President of SYRIZA-PS....
https://knews.kathimerini.com.cy/en/news/moody-s-boosts-bank-of-cyprus-and-hellenic-bank-ratings-to-baa2
Moody’s Investors Service has upgraded Bank of Cyprus’ and Hellenic Bank’s long-term deposit ratings to Baa3 from Ba1, citing the continued resilience of the Cypriot economy and credit conditions, which are leading to supportive operating conditions for Cypriot banks....
https://knews.kathimerini.com.cy/en/business/deloitte-continues-to-foster-trust-through-transparency
Deloitte Cyprus issued its 12th Audit Transparency Report for the year ending 31 May 2023. The report provides an in-depth analysis on how the firm embraces its responsibilities to its clients, people, society, and the market, with the highest quality standards. ...
https://knews.kathimerini.com.cy/en/business/inflation-fears-and-green-investments
The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...
https://knews.kathimerini.com.cy/en/business/moody-s-double-upgrade-ignites-investor-interest
Last Friday, Moody's delivered a double upgrade for Cyprus, propelling the nation into the investment-grade category recognized by all four major financial firms. Although these rankings may appear modest, their real-world impact is substantial....
https://knews.kathimerini.com.cy/en/news/chasing-the-dream-of-independence
The years of Independence have come and gone, but the founding myth remains fragmented in the minds and hearts of Cypriots. For many Greek Cypriots, it symbolizes a struggle betrayed, while others see it as a necessary compromise. ...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-institutional-hurdles-in-anti-corruption-efforts
Cyprus' anti-corruption legislation for top executive officials appears robust on paper, but its practical effectiveness is hampered by institutional shortcomings, warns the Council of Europe's Group of States Against Corruption (GRECO)....
https://knews.kathimerini.com.cy/en/comment/opinion/government-faces-mounting-criticism-over-six-month-stumble
If a governing coalition in a state aspiring to be European were to make as many mistakes and omissions as the Christodoulides government has in just six months, it would face strong opposition....
https://knews.kathimerini.com.cy/en/news/nobel-prize-honors-pioneers-of-mrna-vaccine-technology
The Nobel Prize in Physiology or Medicine has been awarded to a pair of scientists who developed the technology that led to the mRNA Covid vaccines.
...
https://knews.kathimerini.com.cy/en/news/e-kalathi-takes-on-soaring-fuel-and-food-prices
The ongoing debate within the House Commerce Committee regarding the Retail Price Recording and Monitoring Bill has become both tiresome and contentious....
https://knews.kathimerini.com.cy/en/news/buckle-up-for-a-day-of-thunderstorms-hail-and-fun-in-the-sky
Hey there, weather enthusiasts! It's time for a dose of weather fun! Today, we've got a yellow warning in the house, and it's all set to paint the skies with excitement from 11:00 am until 4:00 pm....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-net-interest-income-doubles-amid-ecb-rate-hikes
The Cypriot banking system's net interest income (NII) saw a remarkable doubling in the first half of 2023, marking an annual increase of 100%, primarily due to the ongoing rate hikes by the European Central Bank (ECB) aimed at tackling rising inflation....
https://knews.kathimerini.com.cy/en/news/€5-600-in-funding-for-tourism-enterprises
In celebration of World Tourism Day, the Cyprus Chamber of Commerce and Industry reaffirms its commitment to supporting Cypriot tourism businesses on their journey toward sustainability.
...
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/online-applications-open-for-child-tuition-and-feeding-subsidy-scheme
As of August 28, 2023, parents of eligible children up to four years old can apply for the Child Tuition and Feeding Subsidy Scheme through a dedicated online platform. The initiative aims to provide financial support to parents for early childhood education and nutrition....
https://knews.kathimerini.com.cy/en/news/thousands-of-armenians-flee-nagorno-karabakh-conflict-zone
Tens of thousands of ethnic Armenians have fled from Nagorno-Karabakh since the territory surrendered to Azerbaijan on 20 September....
https://knews.kathimerini.com.cy/en/news/free-greek-language-courses-for-turkish-cypriot-adults
As part of the program of Literacy Courses for Turkish Cypriot Adults at the State Institutes of Further Education, free Greek language courses are offered to all Turkish Cypriot / Turkish-speaking citizens of the Republic of Cyprus, who have a Republic of Cyprus identity card....
