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/the-declaration-of-the-trnc-a-turning-point-in-the-cyprus-conflict
On 15 November 1983, the Turkish Cypriot side unilaterally declared the occupied territories as the "Turkish Republic of Northern Cyprus" (TRNC)....
https://knews.kathimerini.com.cy/en/news/temu-half-cyprus-is-better-than-none
The online shopping platform Temu is drawing criticism for selling a T-shirt with a slogan referencing the Cyprus issue. The shirt, priced at €11.90 on sale from an original €23.69, features the phrase...
https://knews.kathimerini.com.cy/en/business/cyprus-cracks-down-on-prolonged-standing-in-workplaces
Cyprus is stepping up efforts to protect workers from prolonged standing at their jobs, with a nationwide inspection campaign and stricter enforcement of new legislation aimed at improving workplace conditions....
https://knews.kathimerini.com.cy/en/news/greece-monitors-us-presidential-election-for-global-impacts
Like every other government, Greece’s is closely following Tuesday’s US presidential election and its possible repercussions for global relations and diplomacy....
https://knews.kathimerini.com.cy/en/business/eu-investigates-temu-over-unsafe-products-and-addictive-tactics
The European Union is investigating the popular shopping app Temu over concerns that it may be allowing unsafe products on its platform and using potentially addictive features to keep users hooked. ...
https://knews.kathimerini.com.cy/en/news/cbc-urges-banks-to-show-social-responsibility-despite-sector-s-strength
The Central Bank of Cyprus (CBC) released its annual Financial Stability Report for 2023 on Tuesday, indicating that the financial sector is overall strong and capable of handling unexpected challenges. ...
https://knews.kathimerini.com.cy/en/comment/opinion/european-court-ruling-hits-cyprus-over-refugee-return-case
The past week has been a striking blow to the politics of Nikos Nouris, his supporters, and potential successors....
https://knews.kathimerini.com.cy/en/news/ecb-to-review-akel-s-proposed-bank-tax-amid-financial-concerns
The European Central Bank (ECB) is set to evaluate a proposed "windfall tax" on banks, commonly associated with the leftist political party AKEL, in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/inflation-slows-to-0-7-in-september-due-to-falling-oil-prices
Inflation hit a three-year low due to the fall in oil prices in September 2024, rising at a rate of 0.7%, according to data released by the Statistical Service on Thursday. The Consumer Price Index (CPI) in September 2024 increased by 0.38 units to 118.48 units compared to 118.10 units in August 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-raises-2024-gdp-growth-forecast-to-3-5
The Central Bank of Cyprus (CBC) has revised GDP growth rate up by 0.5 percentage points for 2024, to 3.5%, compared to its forecasts last June, stressing that there does not seem to be any significant negative impact on investments from the conflict in the Middle East.
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https://knews.kathimerini.com.cy/en/news/cyprus-awaits-response-after-court-echr-nominees-rejected
The Council of Europe (CoE) has rejected Cyprus’s nominees for the European Court of Human Rights (ECHR), stating that not all candidates met the necessary qualifications....
https://knews.kathimerini.com.cy/en/news/education-minister-calls-for-mobile-phone-ban-over-gambling-worries
Due to worries about students getting involved in online gambling during school breaks, Education Minister Athena Michaelidou is calling for a ban on mobile phones in secondary schools....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-praised-for-stronger-sanctions-enforcement-by-us
US sanctions imposed on entities and individuals in Cyprus are not targeting the country, but “oligarchs and arms traders” enabling “the Kremlin war machine” to continue the war in Ukraine......
https://knews.kathimerini.com.cy/en/comment/opinion/the-president-faces-a-tough-decision-today
The ambiguity surrounding Cyprus's electrical interconnection with Europe is coming to an end. Cyprus must now decide who to align with and who to distance itself from....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-crucial-energy-decisions-in-nicosia-meeting
Cyprus' political leadership is poised to make pivotal decisions about its energy future in a major meeting set to take place at the Presidential Palace tomorrow, according to Kathimerini's Apostolos Tomaras. ...
https://knews.kathimerini.com.cy/en/news/inflation-slows-as-august-sees-small-price-increases
Inflation in Cyprus slowed down in August 2024, with prices rising by 1.5%, compared to a 2.11% increase in July. The Consumer Price Index (CPI), which measures the cost of living, went up slightly from 117.73 to 118.10....
https://knews.kathimerini.com.cy/en/business/pharmacies-to-end-after-hour-and-weekend-services-amid-dispute
In a recent decision, the Pancyprian Pharmaceutical Association (PFA) has announced that it will no longer compile the lists for pharmacies that offer after-hours and weekend services. This move comes as a response to ongoing disputes over working hours and part-time regulations....
https://knews.kathimerini.com.cy/en/comment/opinion/how-are-political-changes-affecting-turkey-s-military
Given Turkey's status as a major national security threat to our country, assessing the combat readiness of the Turkish Armed Forces (TAF) is crucial....
https://knews.kathimerini.com.cy/en/news/tui-halts-day-trips-to-occupied-areas-of-cyprus
TUI, Europe’s largest tour operator, has announced that it will stop organizing day trips from the free areas of Cyprus to the occupied territories starting August 31. ...
https://knews.kathimerini.com.cy/en/comment/opinion/president-s-diplomatic-misstep-as-un-meeting-proposal-leaks-early
Cyprus President's Diplomatic Blunder: UN Meeting Proposal Revealed Prematurely
Subtitle: ...
https://knews.kathimerini.com.cy/en/life/tablet-use-linked-to-anger-issues-in-young-kids-study-finds
A new study suggests that giving toddlers a tablet might lead to anger issues as they grow up. Researchers followed a group of preschoolers in Nova Scotia, Canada, and found that kids who used tablets at around 3.5 years old were more likely to have angry outbursts by the time they were 4.5. ...
https://knews.kathimerini.com.cy/en/news/central-bank-revises-gdp-growth-to-3
The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth rate for 2024, by 0.2 percentage points, to 3%......
https://knews.kathimerini.com.cy/en/news/christodoulides-ties-commissioner-pick-to-eu-job-role
President Nikos Christodoulides’ recent statements regarding Cyprus’ nominee for the European Commissioner post have sparked controversy, ...
https://knews.kathimerini.com.cy/en/news/cyprus-to-decide-on-great-sea-interconnector-this-august
Important decisions concerning the Great Sea Interconnector, an electric cable linking Cyprus and Greece, are anticipated in August. ...
https://knews.kathimerini.com.cy/en/news/kition-government-s-failures-disrupt-larnaca-port
Kition Ocean Holdings has launched a scathing critique of the government’s handling of the transition of operations at Larnaca Port and Marina....
https://knews.kathimerini.com.cy/en/news/etyfa-receives-unfinished-vasilikos-terminal-plans-to-complete-by-2025
The government is on a countdown following the termination of the contract for the construction of Terminal F.P. at Vasilikos by the CPP-METRON CONSORTIUM LTD....
https://knews.kathimerini.com.cy/en/news/france-accused-of-racist-discrimination-over-olympic-hijab-ban
France is under fire for barring its athletes from wearing hijabs at the upcoming Paris Olympics, a move critics call 'racist gender discrimination'....
https://knews.kathimerini.com.cy/en/business/cyprus-ranks-among-top-innovators-in-europe
Among the best-performing countries in terms of innovation between 2023 and 2024 is Cyprus, according to the latest European Commission data....
https://knews.kathimerini.com.cy/en/news/cyprus-risks-losing-€657m-eu-grant-for-interconnector-project-says-energy-minister
Energy Minister George Papanastasiou expressed concerns over the potential withdrawal of a €657 million subsidy by the European Commission for the electricity interconnection project between Cyprus and Greece......