https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-s-car-market-is-a-tangled-mess
On Monday, February 3rd, manufacturers decided to immobilize 138 vehicles due to the risk of faulty TAKATA airbags, and another 138 due to brake issues....
https://knews.kathimerini.com.cy/en/news/eu-warns-of-strong-response-to-possible-us-tariffs
The European Union has expressed deep concern over potential US trade measures, cautioning that any tariffs imposed on European goods would trigger a firm response....
https://knews.kathimerini.com.cy/en/news/threat-against-president-christodoulides-under-investigation
Authorities in Cyprus are working behind closed doors to investigate a threatening message sent to President Nikos Christodoulides. While details remain scarce, the President himself confirmed the threat, emphasizing that he has full confidence in law enforcement to handle the case....
https://knews.kathimerini.com.cy/en/business/superhome-center-sold-to-greek-company-for-€94-million
The sale of Superhome Center to Vasilitsi DIY for €94 million has been approved by the Board of Directors of Ermes Department Stores Plc....
https://knews.kathimerini.com.cy/en/life/priced-out-londoners-live-in-empty-schools-and-offices-as-rents-soar
According to CNN, as London’s rental crisis deepens, a growing number of residents are opting to live in disused schools, office buildings, and even an old cathedral to escape skyrocketing housing costs....
https://knews.kathimerini.com.cy/en/business/cyprus-central-bank-sets-interest-rate-limits-to-protect-consumers
The Central Bank of Cyprus (CBC) has announced that the official reference interest rate will be set at 11.50%. This means that banks and other lenders in Cyprus must not charge higher rates than this when offering loans, extending payment terms, or renewing loans. ...
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-aiming-for-innovation-sustainability-and-simplicity
A major tax reform is underway in Cyprus as part of the Tax Transformation Project, led by the Centre for Economic Research (CER) at the University of Cyprus. ...
https://knews.kathimerini.com.cy/en/business/investment-and-owner-occupancy-opportunities-by-astrobank
AstroBank has listed for sale a large commercial/residential property in Peyia, as well as other investment opportunities and properties for sale in Nicosia, Paphos, Larnaca and Famagusta....
https://knews.kathimerini.com.cy/en/news/nicosia-protest-demands-justice-for-tempi-tragedy-video
On January 26th, the streets of Nicosia resonated with chants of anger and demands for accountability as protesters gathered to decry what they called a "state murder and megaton cover-up." ...
https://knews.kathimerini.com.cy/en/news/illegal-construction-in-latchi-sparks-legal-battle
A brewing scandal in Latchi has exposed significant irregularities in the construction of a tourism project, placing local authorities and developers under scrutiny. ...
https://knews.kathimerini.com.cy/en/news/eu-launches-€5-million-scholarship-fund-for-turkish-cypriots
The European Commission's office in Cyprus has announced the launch of the EU Scholarship Programme for the Turkish Cypriot community for the academic year 2025–2026. ...
https://knews.kathimerini.com.cy/en/news/rik-welfare-fund-scandal-taxpayers-on-the-hook-for-mismanaged-millions
A potential case of misappropriation of public funds has emerged involving the Cyprus Radio Broadcasting Corporation's (RIK) Welfare Fund, according to findings from the Parliamentary Control Committee....
https://knews.kathimerini.com.cy/en/news/snowy-stroll-as-majestic-mouflon-spotted-in-troodos-mountains-video
In a captivating scene illustrating the unique wildlife and nature in Cyprus, a group of mouflon was recently spotted gracefully crossing a snow-blanketed road in the Troodos Mountains....
https://knews.kathimerini.com.cy/en/news/€14-7-million-u-s-backed-upgrade-to-transform-cyprus-airbase
The official announcement regarding the upgrade of the ''Andreas Papandreou'' airbase by the U.S. undoubtedly strengthens bilateral relations between the two countries....
https://knews.kathimerini.com.cy/en/business/aegean-tensions-and-cyprus-energy-ambitions
While Cyprus advances its energy ambitions, tensions between Greece and Turkey over the Aegean Sea persist....
https://knews.kathimerini.com.cy/en/business/new-lending-boosted-by-interest-rates-and-government-plans
A favorable landscape for Cypriot borrowers is taking shape in 2025, laying the groundwork for a strong year in new lending....
https://knews.kathimerini.com.cy/en/business/greek-companies-dominate-cyprus-market-with-expanding-investments
In recent years, a wave of Greek companies has been making significant strides in Cyprus, investing across various sectors and expanding their reach....
https://knews.kathimerini.com.cy/en/life/vanity-fair-s-shift-on-harry-and-meghan
It’s a significant shift that Vanity Fair, a publication known for its in-depth reporting, recently published an article titled “American Hustle” about Prince Harry and Meghan Markle....
https://knews.kathimerini.com.cy/en/news/mainly-clear-monday-with-mild-temps-rain-on-the-horizon
Good morning! Today, it looks like mild high pressure is giving us a break from any dramatic weather, so expect a mainly clear day....
https://knews.kathimerini.com.cy/en/business/tiktok-goes-dark-in-the-us-what-happened-and-what-s-next
TikTok, the popular social media app, disappeared from U.S. app stores late Saturday night after a federal law banning its operation came into effect. ...
https://knews.kathimerini.com.cy/en/news/trump-s-tariff-plans-could-hurt-cyprus-economy
The looming inauguration of U.S. President-elect Donald Trump has stirred concern across the Eurozone, and Cyprus is no exception....
https://knews.kathimerini.com.cy/en/news/cyprus-smashes-tourism-records-with-over-4-million-visitors-in-2024
Cyprus is celebrating a record-breaking year for tourism, with 2024 marking the first time the island welcomed over four million visitors. A total of 4,040,200 tourists arrived last year, surpassing the previous record of 3,976,777 set in 2019. ...
https://knews.kathimerini.com.cy/en/comment/opinion/why-are-cypriot-businesses-being-sold-off-to-foreign-interests
Greek businesses have made a significant impact on the Cypriot market, investing across virtually every sector—from real estate and hospitals to supermarkets, toy stores, energy, electronics, car dealerships, and even banks....
https://knews.kathimerini.com.cy/en/news/us-lifts-arms-ban-giving-cyprus-new-defense-opportunities
In a landmark decision, US President Joe Biden, shortly before leaving the White House, included the Republic of Cyprus in key US security assistance programs. ...
https://knews.kathimerini.com.cy/en/news/historic-italian-island-faces-sotheby-s-auction-unbeknownst-to-local-residents
Local residents of Bacoli, near Naples, were left stunned and disheartened when it was announced that the historic Punta Pennata island is being auctioned off by Sotheby’s. ...
https://knews.kathimerini.com.cy/en/news/us-greenlights-defense-aid-to-cyprus-in-historic-move
The White House has announced a landmark decision that directly impacts Cyprus and its role in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/business/tiktok-faces-u-s-shutdown-by-this-sunday-could-europe-be-next
TikTok, the global social media sensation with 170 million monthly users in the U.S., is set to shut down its operations in America this Sunday, Jan. 19....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-see-€1-billion-in-profits-as-npl-s-decline-in-2024
Cypriot banks reported impressive financial growth in the first nine months of 2024, with total profits reaching €952.5 million after taxes, a sharp rise from €602.92 million by mid-year.
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https://knews.kathimerini.com.cy/en/business/president-s-banking-measures-spark-surge-in-first-home-loans
President Nikos Christodoulides' efforts to support citizens through new banking measures are beginning to yield results. Meetings held in December with the CEOs of Cyprus’ two major banks, Bank of Cyprus (BoC) and Hellenic Bank (HB), appear to have sparked a tangible interest in first-home mortgage schemes....
https://knews.kathimerini.com.cy/en/news/first-cypriot-appointed-to-helm-global-shipping-powerhouse
The appointment of a Cypriot as Secretary General/CEO of the International Chamber of Shipping (ICS) is a major vote of confidence in the Cypriot shipping industry....
