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31. Clouds, showers & a dash of thunder: Winter’s not done yet

Ah, Monday—the day that greets us with coffee, complaints, and apparently, a bit of everything weather-wise....

32. Weekend bliss: Sunshine, sea breezes and a little bit of cloud

It’s Friday, Cyprus! That means one thing—the weekend is just around the corner! And guess what? The weather is shaping up to be pretty nice, with just a little drama in the skies today....

33. Cyprus ended 2024 with a banking boom as loans and deposits surged

Cyprus closed out 2024 with a surge in banking activity, as both loans and deposits saw substantial increases, according to the latest data from the Central Bank of Cyprus (CBC). ...

34. 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....

35. 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....

36. Sunny skies with a dusty twist

Good morning, Cyprus! It’s a mostly sunny day ahead, but don’t let the clear skies fool you—there’s a fine layer of dust hanging around in the atmosphere. If you’re planning outdoor activities, keep that in mind and maybe reach for your mask if you’re sensitive to dust....

37. Twin wildfires ravage Southern California, devastating celebrity enclave (images)

Two fast-moving wildfires erupted Tuesday in Southern California, forcing tens of thousands to flee and leaving a path of destruction across neighborhoods, including Pacific Palisades — a scenic, ocean-adjacent area known for its celebrity residents and multimillion-dollar homes....

38. 2025: A new chapter for Cyprus’s property market

2024 was both literally and figuratively a leap year. Metaphorically speaking, we anticipated this shift a year ago as we reflected on 2023 and made our predictions for the year ahead....

39. Eurozone growth hopes dim as 2025 looms

Just days before the start of 2025, analysts have trimmed expectations for the Eurozone's economic growth. ...

40. Tariffs, reforms, and rate cuts: 2025’s economic balancing act

As we look ahead to 2025, experts at UBS are forecasting steady global economic growth, but not without a few bumps along the way....

41. ECB announces final rate cut for 2024

The European Central Bank (ECB) has announced a 25 basis point reduction in interest rates, marking the fourth consecutive cut for 2024....

42. Moody’s Nick Hill on financial risks and opportunities for 2025

In an insightful conversation with Kathimerini's Panayiotis Rougalas, Nick Hill discusses the key macroeconomic risks and opportunities facing the region in 2025....

43. Sense of optimism surrounds roadblock talks

44. Geopolitical turbulence presents a looming threat to 2025 economic growth

Speaking at the 20th Economist Conference in Nicosia, Nick Hill highlighted the macroeconomic and geopolitical challenges shaping the global financial environment....

45. 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. ...

46. 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....

47. Severe weather hits Limassol, floods and landslides reported

Intense weather conditions have hit the Limassol District since last night, causing significant disruptions. Heavy rainfall has led to flooding, particularly in areas like Parekklisia,...

48. 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....

49. 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. ...

50. Mild temperatures with intermittent showers and thunderstorms expected

A weak low-pressure system is influencing the area today, bringing partly cloudy skies with intervals of thicker cloud cover. This morning, there’s a chance of isolated showers along the coast....

51. Staff shortages stall local government reform in Cyprus

According to Kathimerini's Pavlos Neophytou, the implementation of Local Government Reform in Cyprus faces critical staffing and operational challenges, especially in development licensing within Provincial Local Authorities (PLAs). ...

52. Fed cuts rates by 0.25%, economic activity expands steadily

The Federal Reserve on Thursday cut interest rates by 0.25 percentage points for the second consecutive meeting, bringing the target range to 4.50% to 4.75%, as expected. The decision was unanimous....

53. Mostly clear weather through Friday

A weak low-pressure system is bringing mostly clear skies to the region, with a few clouds expected to gather over mountain areas in the afternoon....

54. Greek-American community in Queens divided as US election stirs deep tensions

In Astoria, Queens—a long-standing Greek-American hub—the upcoming U.S. election has created deep rifts in a typically tight-knit community....

55. Rain and thunderstorms expected

Today's forecast calls for mostly clear skies across much of the island, though residents in northeastern areas may see patches of increased cloud cover, with a chance of isolated showers....

56. Dust, rain, and winds ahead

A weak low-pressure system is forecasted to affect Cyprus beginning Friday, bringing diluted dust across the region and intermittent strengthening of winds through Saturday. ...

57. Cyprus gains investor confidence as economic reforms and US ties bolster growth

International investors have shown sustained confidence in Cyprus’ economy and business ecosystem, recognizing the country as a stabilizing force in the region......

58. Cyprus achieves first A-level credit rating in major milestone

Scope Ratings has upgraded Cyprus's credit rating to A- from BBB+, marking the country's first A-level rating from a major credit agency....

59. IMF raises Cyprus' growth forecast for 2024

The International Monetary Fund (IMF) has raised its forecast for Cyprus's economic growth in 2024 from 2.7% to 3.3%. This updated prediction comes from the IMF's October World Economic Outlook report released on Tuesday....

60. Mostly clear skies with mild winds across the island

A weak high-pressure system is affecting the area....