https://knews.kathimerini.com.cy/en/business/eurobank-s-€1-2-billion-investment-in-cyprus-signals-confidence
According to Kathimerini's Panayiotis Rougalas, Eurobank has made significant strides in its investment in the Cypriot banking sector, particularly with its ongoing acquisition of Hellenic Bank....
https://knews.kathimerini.com.cy/en/news/bomb-explosion-targets-vehicles-in-germasogeia
A bomb exploded in a garage in the Panioti area of Germasogeia late on Tuesday night, November 26, sparking a fire that destroyed multiple vehicles. ...
https://knews.kathimerini.com.cy/en/business/cyprus-receives-major-credit-rating-boost-from-moody-s
Last Friday, Moody’s delivered a major endorsement of Cyprus’ economic progress, upgrading its credit rating by two notches, from Baa2 to A3, with a stable outlook, according to a report by Panayiotis Rougalas. ...
https://knews.kathimerini.com.cy/en/business/200-foreign-companies-and-1-200-new-jobs-in-cyprus-in-six-months
Cyprus is experiencing a surge in foreign investment, with approximately 200 international companies establishing operations in the country during the first half of the year. ...
https://knews.kathimerini.com.cy/en/comment/opinion/limassol-s-growth-deserves-equal-support
Who is driving development projects in Limassol, and how far have they progressed? Who decides how state development funds are allocated, and based on what criteria?...
https://knews.kathimerini.com.cy/en/business/eurobank-acquires-full-control-of-hellenic-bank
Eurobank has taken a significant step in consolidating its presence in Cyprus, announcing the acquisition of a controlling stake in Hellenic Bank, according to a report by Panyiotis Rougalas....
https://knews.kathimerini.com.cy/en/business/paphos-fc-owner-among-77-investors-stripped-of-golden-passports
Sergey Lomakin, owner of Paphos FC, is among 77 foreign investors whose Cypriot citizenship, obtained through the controversial "golden passport" scheme, has been revoked by the Council of Ministers....
https://knews.kathimerini.com.cy/en/business/limassol-man-scammed-out-of-$110-000-in-cryptocurrency-fraud
A 26-year-old man in Limassol has fallen victim to a cryptocurrency scam, losing over $110,000 in an alleged online investment fraud, according to a complaint filed with the police earlier today....
https://knews.kathimerini.com.cy/en/comment/opinion/geoeconomic-tensions-and-cyprus-staying-the-course-amid-challenges-ahead
Geoeconomic fragmentation, the reversal of progress towards global economic and financial integration due to political and military conflict and strategic policy decisions, is rising....
https://knews.kathimerini.com.cy/en/news/major-cocaine-bust-in-cyprus-30kg-found-in-cargo-shipment
A large quantity of drugs was discovered by members of the Cyprus Drug Law Enforcement Unit (YKAN) following a tip-off and investigation. Authorities seized a total of 30 kilograms of mixed-weight cocaine, found inside a carry-on bag within a shipping container....
https://knews.kathimerini.com.cy/en/news/cypriot-policeman-investigated-for-allegations-of-necrophilia-at-british-bases-morgue
A shocking crime investigation is underway involving a Cypriot policeman working for the British Bases, who has been accused of engaging in necrophilic acts with corpses at the Base morgue...
https://knews.kathimerini.com.cy/en/comment/opinion/vafeadis-everyone-is-responsible-for-their-own-car
''Everyone is responsible for their own car,'' said the Minister of Transport, Mr. Vafeadis, regarding the problematic – and deadly – airbags found in tens of thousands of unsuspecting drivers’ cars on Cypriot roads...
https://knews.kathimerini.com.cy/en/news/woman-arrested-at-paphos-airport-for-assault-and-impersonation
Police in Paphos have arrested a 37-year-old on multiple charges, including assaulting a police officer, resisting arrest, causing alarm, and impersonation....
https://knews.kathimerini.com.cy/en/business/primary-residence-and-the-benefit-of-5-reduced-vat-rate
Nowadays having your own permanent residence is a must, however the cost for the acquisition or construction of a house/apartment has significantly increased in the last few years....
https://knews.kathimerini.com.cy/en/business/eib-president-nadia-calvino-to-visit-cyprus-for-talks-and-office-opening
Nadia Calviño, the President of the European Investment Bank (EIB), is set to make her first official visit to Cyprus on Friday, November 22, where she will open the new EIB Group office and hold talks with Cypriot leaders....
https://knews.kathimerini.com.cy/en/business/16-real-estate-investment-opportunities-by-astrobank
AstroBank has listed for sale large residential fields across Cyprus that are ideal for investment purposes....
https://knews.kathimerini.com.cy/en/news/student-killed-in-overloaded-car-driver-six-times-over-legal-limit
Authorities in Nicosia are continuing their investigation into a fatal car crash that killed 20-year-old Irini Kontogiorgou, a Greek university student, early Sunday morning....
https://knews.kathimerini.com.cy/en/news/acropolis-facing-mansion-in-athens-sparks-legal-dispute-over-false-sale-listing
The family of the late Elias Barbalias, a prominent Greek real estate developer, has denied authorizing the sale of their luxurious mansion overlooking the Acropolis, following a report about its listing earlier this week. ...
https://knews.kathimerini.com.cy/en/news/rising-food-prices-leave-cypriot-households-struggling
A recent survey reveals that consumers in Cyprus are increasingly worried about their financial future, as rising food costs and economic challenges weigh heavily on households....
https://knews.kathimerini.com.cy/en/business/cyprus-court-upholds-tougher-rules-for-glamping-projects
The Supreme Constitutional Court recently made a decision that has significant implications for luxury camping (glamping) and visitor farm projects in Cyprus. ...
https://knews.kathimerini.com.cy/en/business/50-million-luxury-shoppers-pull-back-as-market-slows
For the first time since the 2009 financial crisis, the luxury goods market is losing its shine. A whopping 50 million shoppers have stopped splurging on designer bags, watches, and other high-end items, according to Bain & Company’s latest report....
https://knews.kathimerini.com.cy/en/news/botched-robbery-ends-in-disaster-as-suspect-loses-leg
Paphos Police have arrested two men in connection with a botched burglary that resulted in serious injuries and a complex web of alleged crimes, including conspiracy to commit a felony, housebreaking, and providing false information to authorities....
https://knews.kathimerini.com.cy/en/news/new-applications-for-startups-will-be-accepted-at-the-idea-innovation-center
New applications from talented entrepreneurs who have an innovative idea and are determined to turn it into a startup business are now being accepted by the IDEA Innovation Center of Bank of Cyprus until 14th February 2025....
https://knews.kathimerini.com.cy/en/news/kpmg-cyprus-unveils-kpmg-cyprus-real-estate-market-report-insights-13th-edition
The pipeline of real estate projects in Cyprus continues to expand in 2024, with residential developments leading the way. Market liquidity appears to be improving, with Limassol dominating the overall market and the high-end residential segment for 2023 and the first half of 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-anti-corruption-authority-s-major-investigations-near-completion
The Independent Anti-Corruption Authority of Cyprus is making waves as it tackles high-profile investigations into alleged corruption, including the controversial ''gold passports'' scheme, claims of a ''state mafia,'' and other issues....
https://knews.kathimerini.com.cy/en/news/intruders-breach-windsor-castle-estate-while-royal-family-sleeps
Masked intruders broke into the Windsor Castle estate, where Prince William, Princess Kate, and their three children were asleep in their Adelaide Cottage residence....
https://knews.kathimerini.com.cy/en/business/november-newsletter-of-k-treppides-co-ltd
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/three-young-lives-lost-in-frenaros-car-crash-two-injured
The tragic traffic collision in Frenaros on Sunday, November 17, claimed the lives of three young people and left two others seriously injured....
https://knews.kathimerini.com.cy/en/news/dbrs-morningstar-cyprus-shows-strong-recovery-in-tackling-bad-loans
Cyprus is starting to see some positive shifts in its financial sector, particularly when it comes to tackling non-performing loans (NPLs) – loans that borrowers have stopped paying. ...
https://knews.kathimerini.com.cy/en/news/arson-attack-targets-senior-customs-officer-in-nicosia
A senior manager from the Customs Department is the victim of a suspected arson attack that took place early Thursday morning in the Nicosia district. ...
