https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/1-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....
https://knews.kathimerini.com.cy/en/news/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.
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https://knews.kathimerini.com.cy/en/news/cyprus-gains-investor-confidence-as-economic-reforms-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......
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/1-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....
https://knews.kathimerini.com.cy/en/news/mostly-clear-skies-with-mild-winds-across-the-island
A weak high-pressure system is affecting the area....
https://knews.kathimerini.com.cy/en/news/ecb-cuts-rates-again-as-eurozone-inflation-and-economy-struggle
The European Central Bank (ECB) has cut interest rates for the third time, marking the first consecutive reduction in 13 years....
https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-marks-5th-anniversary-of-nasdaq-ipo-with-significant-growth-milestones
Freedom Holding Corp. (FRHC) is celebrating the fifth anniversary of its IPO on the Nasdaq Capital Market, one of the world’s leading stock exchanges. ...
https://knews.kathimerini.com.cy/en/business/university-of-nicosia-achieves-top-501-600-global-rank-in-the-wur-2025
The University of Nicosia (UNIC) has held its rank among the top 501-600 universities globally for the third consecutive year, according to the 2025 Times Higher Education (THE) World University Rankings (WUR)....
https://knews.kathimerini.com.cy/en/news/ecb-cautiously-prepares-for-further-rate-reductions
The intention of the central bankers on the European Central Bank’s (ECB) Governing Council to proceed with another interest rate cut next week, as inflation data proves favorable, is indirectly but clearly reflected in the minutes of their last meeting, released today....
https://knews.kathimerini.com.cy/en/news/digital-agenda-the-bright-side-of-cyprus-and-its-technological-prospects
Renowned international speakers, top Cypriot innovators, and key government officials came together at the Digital Agenda Cyprus Summit 2024 to discuss the future of digital transformation and global trends in innovation, talent management, and creativity....
https://knews.kathimerini.com.cy/en/news/cyprus-credit-rating-upgraded-due-to-strong-economy-and-lower-debt
Rating Agency Capital Intelligence Ratings (CI) has upgraded Cyprus’ Long-Term Foreign Currency Rating (LT FCR) and Short-Term FCR (ST FCR) to ‘BBB’ and ‘A2’, respectively, from ‘BBB-’ and ‘A3’, maintaining a positive outlook....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-water-shortage-as-dams-reach-critically-low-levels
Cyprus is facing a significant water shortage as dam levels plummet due to a severe drought and ongoing climate changes, raising concerns among national and local authorities. ...
https://knews.kathimerini.com.cy/en/news/moody-s-sees-positive-outlook-for-hellenic-bank-following-eurobank-deal
Moody’s upgraded Hellenic Bank’s credit rating to Baa2 from Baa3 on Wednesday, citing the recent acquisition of a 56% stake by Eurobank S.A. The agency also revised the bank's outlook to positive.
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https://knews.kathimerini.com.cy/en/news/over-50-of-advanced-melanoma-patients-survive-10-years
A groundbreaking trial has shown that more than half of patients diagnosed with advanced melanoma now survive at least 10 years when treated with a combination of two immunotherapy drugs....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-to-engage-with-top-investors-in-london
The investment community is turning its focus to a major conference in London, set for late September, where several Cypriot banks will be represented....
https://knews.kathimerini.com.cy/en/news/clouds-and-rain-to-affect-coastal-and-mountain-areas
A seasonal low-pressure system combined with an unstable air mass will bring intermittent clouds and unsettled weather to the region today....
https://knews.kathimerini.com.cy/en/news/paphos-tourist-season-mirrors-2023-july-arrivals-expected-to-match-2019
The 2024 tourist season in Paphos is expected to mirror 2023 levels but fall short of the strong numbers seen in 2019, except for July, which might match 2019 arrivals, according to Euripides Loizides, President of the Paphos Hoteliers Association....
https://knews.kathimerini.com.cy/en/news/yellow-warning-for-extreme-heat-across-cyprus
The Department of Meteorology has issued a yellow warning for high temperatures, set to take effect from 1 p.m. to 4 p.m. on Monday, August 19. ...
https://knews.kathimerini.com.cy/en/news/cyprus-online-legal-system-still-facing-problems-after-fixes
The gradual relocation of state data center servers to fully compliant and secure facilities will begin before the end of the year, according to Deputy Minister of Innovation......
https://knews.kathimerini.com.cy/en/news/1-cyprus-to-see-warm-clear-days-this-week
Expect mainly clear skies with some partly cloudy spells in the mountains this afternoon. Winds will be predominantly southwest to northwest, ranging from light to moderate at 3 to 4 Beaufort....
https://knews.kathimerini.com.cy/en/business/ft-global-stock-markets-tumble-amid-us-recession-fears
Global stock markets experienced significant declines on Monday as concerns about a potential US recession led investors to abandon risky assets....
https://knews.kathimerini.com.cy/en/comment/opinion/ten-months-after-hamas-attack-conflict-continues
Ten months after Hamas attacked Israel on October 7, 2023, the Middle East is currently at a critical juncture....
https://knews.kathimerini.com.cy/en/news/high-heat-and-occasional-clouds-expected
Seasonal low pressure and a hot gaseous mass will impact the area today, bringing mostly clear skies with occasional cloud cover. ...
https://knews.kathimerini.com.cy/en/news/ecb-keeps-interest-rates-steady-amid-mixed-inflation-signals
The European Central Bank decided today to keep its key interest rates unchanged, as anticipated. This means the rates for main refinancing operations, marginal financing, and deposit facilities remain steady at 4.25%, 4.50%, and 3.75%, respectively....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-receive-upgrades-signal-economic-resilience
In a series of significant upgrades for Cypriot banks, Fitch Ratings has elevated the Bank of Cyprus and Hellenic Bank's credit ratings, underscoring a positive trajectory for the country's financial sector, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini....
https://knews.kathimerini.com.cy/en/news/fitch-elevates-hellenic-bank-s-credit-rating
Fitch Ratings has upgraded Hellenic Bank's Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+', with stable outlook and its Viability Rating (VR) to 'bbb-' from 'bb+'.
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