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/news/phone-scammers-strike-again-as-elderly-woman-loses-€3-000
An 89-year-old woman in Nicosia became the latest victim of a telephone scam on Wednesday afternoon, losing €3,000 to fraudsters. The case has been reported to the police and is currently under investigation by the Nicosia Criminal Investigation Department (CID)....
https://knews.kathimerini.com.cy/en/comment/opinion/reviving-the-greek-diaspora
The active Greek diaspora in the United States is dwindling and this needs to be stopped. Proponents of the generation that played such an important role after the Turkish invasion of Cyprus in 1974 have either stopped participating actively in public life or have passed away....
https://knews.kathimerini.com.cy/en/news/finance-ministry-s-new-measures-for-vulnerable-in-the-works
The Finance Ministry is considering new measures to support particularly the vulnerable groups of society amid the continuing pressures from high prices and inflation, Makis Keravnos Minister of Finance said on Monday, adding the measures were in the pipeline irrespective of the rating upgrades by Moody’s and DBRS Morningstar....
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/comment/opinion/real-estate-boom-in-greece-and-cyprus
The real estate landscapes of Greece and Cyprus are undergoing significant transformations, with both nations showcasing promising growth and recovery. However, beneath the surface of these top-line numbers, there are underlying challenges and disparities that need to be addressed....
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/business/€9-5-million-tourism-investment-shaping-paralimni-s-future
In a significant development within the Famagusta province, specifically in the municipality of Paralimni, a noteworthy €9.5 million investment project is currently underway in the tourism sector....
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/surgery-cost-inquiry-leads-to-heated-confrontation-with-doctor
The Patient Rights Observatory of the Federation of patient associations of Cyprus (OSAK) has recently received complaints regarding various issues related to healthcare services in Cyprus....
https://knews.kathimerini.com.cy/en/business/deputy-minister-proposes-joint-tourist-packages-with-saudi-arabia
Cypriot Deputy Minister, Costas Koumis has proposed joint tourist packages between Saudi Arabia and Cyprus, focusing on the Saudi City of Neom which lies about two hours from Cyprus....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-recognized-by-international-tax-review-as-national-transfer-pricing-firm-of-the-year-for-the-5th-consecutive-time
For the fifth consecutive year, EY Cyprus was named Transfer Pricing Firm of the Year by the International Tax Review (ITR) in recognition of the high-quality tax services offered. ...
https://knews.kathimerini.com.cy/en/news/animal-welfare-and-permit-disputes-fuel-tensions-as-bears-remain-in-limbo
Menelaos Menelaus, commonly known as "Melios," has spoken out about the presence of two bears discovered on his premises, which used to operate as a zoo....
https://knews.kathimerini.com.cy/en/news/cbc-governor-herodotou-reveals-breakthrough-in-digital-finance
The Central Bank of Cyprus has completed the tender for a new digital platform for customer compliance, said CBC Governor Constantinos Herodotou, speaking at an event organized by the Association of Cyprus Electronic Money and Payment Institutions, on Thursday afternoon....
https://knews.kathimerini.com.cy/en/news/yet-another-incident-of-school-violence-now-in-larnaca
On Thursday (28/09), a disturbing incident of violence transpired at a school in Larnaca, intensifying concerns surrounding student safety....
https://knews.kathimerini.com.cy/en/news/two-bears-held-illegally-in-nicosia
Veterinary Service officials have uncovered a startling discovery at an establishment in Nicosia, revealing that two bears were being held in captivity without the required licenses. ...
https://knews.kathimerini.com.cy/en/news/violence-erupts-at-nicosia-school-yet-again-as-authorities-investigate
A recent outbreak of violence at a Nicosia district high school has raised concerns among local authorities. According to police reports, a 13-year-old student was assaulted by a classmate outside the school, resulting in injuries....
https://knews.kathimerini.com.cy/en/news/ministry-of-education-to-combat-school-bullying
The Parliamentary Education Committee convened on Wednesday, September 27, to address the pressing issue of school bullying and juvenile delinquency....
https://knews.kathimerini.com.cy/en/news/2024-budget-points-to-surplus-and-debt-reduction
The 2024 budget reflects the clear imprint of our policy priorities, President of the Republic Nikos Christodoulides says in a written statement, adding that the fiscal balance for 2024 is estimated to be surplus, reaching 2.2% of GDP, while the medium-term goal, by 2026, is to reduce public debt to 60%....
https://knews.kathimerini.com.cy/en/news/senator-menendez-faces-federal-charges-in-court-today
U.S. Senator Bob Menendez and his wife Nadine Menendez arrived in federal court on Wednesday to face charges of taking bribes from three New Jersey businessmen, as calls for the senator's resignation from his fellow Democrats escalated....
https://knews.kathimerini.com.cy/en/news/foreign-buyers-flock-to-cyprus-real-estate
Recent data on property sales in Cyprus reveal distinct trends in different provinces. Notably, the real estate landscape in Nicosia contrasts sharply with that of coastal provinces....
https://knews.kathimerini.com.cy/en/news/cyprus-football-chief-faces-legal-heat-over-ethics-probe
In a statement released today, the Ethics and Sports Protection Committee announced that it has received and reviewed the investigation regarding the alleged conflicts of interest involving Mr. Georgios Koumas, the President of the Cyprus Football Federation (CFF)....
https://knews.kathimerini.com.cy/en/news/war-in-ukraine-nears-potential-dirty-deal-conclusion
Thomas Friedman, American political commentator, author and weekly columnist for The New York Times, tells Kathimerini that the ongoing war in Ukraine will probably be resolved with “a dirty deal” that will include the loss of a part of eastern Ukraine in exchange for Kyiv’s accession to NATO and the European Union....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-woos-investors-at-london-conference
Last week, the Bank of Cyprus launched a series of engagements with investors, with a particular focus on attracting new stakeholders. This initiative took place during the BofA Merrill Lynch conference, notably at the Annual Financials CEO Conference held in London from last Tuesday to Thursday. ...
https://knews.kathimerini.com.cy/en/comment/opinion/embracing-the-digital-change-in-education
In the modern age, one of the paramount areas that demands digital transformation is education....
https://knews.kathimerini.com.cy/en/news/were-test-monkey-deaths-concealed-in-neuralink-trials
Following last week's announcement by Elon Musk regarding the recruitment of human test subjects for Neuralink trials, questions arose regarding the accuracy of his earlier statement claiming that monkeys involved in the experiments had not experienced fatalities due to the implants....
https://knews.kathimerini.com.cy/en/news/limassol-port-s-grand-eco-art-showcase-for-world-tourism-day
In celebration of World Tourism Day, DP World Limassol, in collaboration with the Deputy Ministry of Tourism, hosted a special event last week for terminal passengers. The event's primary objective was to promote sustainable practices within the shipping sector....
https://knews.kathimerini.com.cy/en/business/no-fee-increases-for-2024-at-larnaca-marina
Kition Ocean Holdings announced on Thursday that there will be no increases in berthing fees for recreational boat owners at Larnaca Marina in 2024. ...
https://knews.kathimerini.com.cy/en/business/cbc-lowers-gdp-growth-projections-for-2023-and-2024
The Central Bank of Cyprus has revised its growth projections for 2023 and 2024. They now expect GDP growth to be 2.4% in 2023 and 2.7% in 2024, down from their previous forecasts of 2.6% and 2.8%. This is due to Western sanctions against Russia and the fragile external environment affecting professional and non-tourism services....
https://knews.kathimerini.com.cy/en/news/cyprus-champions-eu-s-innovative-auto-rules
Cyprus supported the compromise proposal put forward by the Spanish Presidency of the EU Council on the proposed Euro 7 regulation, during a meeting of the EU Competitiveness Council in Brussels, on Monday, with the permanent secretary of the Ministry of Energy, Marios Panayides, stressing that the new rules should protect human health while ensuring the competitiveness of the automotive industry....