https://knews.kathimerini.com.cy/en/news/israeli-hamas-war-puts-cyprus-and-egypt-at-forefront-of-credit-risks
Cyprus and Egypt are currently facing the most direct credit risks among countries rated by Scope Ratings due to the Israeli-Hamas conflict, warns the German firm....
https://knews.kathimerini.com.cy/en/news/imf-forecasts-economic-challenges-for-cyprus-in-2023-and-beyond
The International Monetary Fund (IMF), in its ''World Economic Outlook'' for October, published on Tuesday, forecasts that Cyprus's growth rate for 2023 will slow down to 2.2% of GDP, down from the 2.5% it had projected in its April outlook....
https://knews.kathimerini.com.cy/en/comment/opinion/sales-surge-by-14-2-despite-2022-comparison
In September, traditionally considered the start of the year for many, several significant trends are emerging....
https://knews.kathimerini.com.cy/en/business/ecb-vp-says-interest-rate-cuts-premature
In an interview with CNA, Louis de Guindos, Vice President of the European Central Bank, expressed that discussions regarding interest rate cuts are premature....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-secure-moody-s-upgrade-to-investment-status
After 12 years, Moody's has upgraded the ratings of Cyprus' two major banks, Bank of Cyprus and Hellenic Bank, placing them in the investment category....
https://knews.kathimerini.com.cy/en/news/moody-s-boosts-bank-of-cyprus-and-hellenic-bank-ratings-to-baa2
Moody’s Investors Service has upgraded Bank of Cyprus’ and Hellenic Bank’s long-term deposit ratings to Baa3 from Ba1, citing the continued resilience of the Cypriot economy and credit conditions, which are leading to supportive operating conditions for Cypriot banks....
https://knews.kathimerini.com.cy/en/news/unpredictable-conditions-ahead
The atmospheric drama unfolds over the Mediterranean, Cyprus finds itself under the influence of a weak low-pressure area....
https://knews.kathimerini.com.cy/en/business/just-a-breath-away-from-a-new-tourism-record
Hermes Airports statistics reveal that August achieved an unprecedented milestone in air traffic, with a total of 1.516 million passengers. When examining this figure in terms of arrivals and tourist arrivals, it amounts to 511,387 arrivals. ...
https://knews.kathimerini.com.cy/en/news/keravnos-expects-more-from-banks-to-boost-cyprus-economy
The Cyprus economy has proven its resilience in recent years, Finance Minister Makis Keravnos said Tuesday at the 4th Conference "Banking System: New Challenges and Opportunities", that takes place in Nicosia, noting that there are still challenges that the banking sector must address....
https://knews.kathimerini.com.cy/en/news/presidency-in-prolonged-crisis
The United Nations General Assembly in New York proved to be a critical test for Nikos Christodoulides during his first year in office, as well as a highly significant personal and political endeavor. On one hand, he aimed to use the platform of these meetings to communicate a positive message regarding the Cyprus problem. ...
https://knews.kathimerini.com.cy/en/news/enjoy-clear-skies-and-balmy-temperatures-in-the-upcoming-days
The current conditions show a weak area of low pressure affecting our region....
https://knews.kathimerini.com.cy/en/news/fun-and-sun-with-a-dash-of-thunder-and-showers
A weak low-pressure system is set to influence the weather in our region until tomorrow, bringing with it relatively unstable conditions....
https://knews.kathimerini.com.cy/en/news/mercury-soars-to-35°c
The weather outlook for Nicosia and its surrounding regions promises clear skies and a gradual increase in temperatures in the coming days....
https://knews.kathimerini.com.cy/en/news/south-and-east-coasts-heat-up-to-33°c-today
In accordance with the latest Met Office forecast, Wednesday, September 13th, is poised to offer mostly clear skies across the region....
https://knews.kathimerini.com.cy/en/business/ceo-confidence-in-artificial-intelligence-tempered-by-social-ethical-and-security-risks
CEOs globally are embracing opportunities created by AI, but also remain wary of unknown, unintended consequences, according to the findings of the latest EY CEO Outlook Pulse survey. ...
https://knews.kathimerini.com.cy/en/news/orange-alert-stormy-skies-ahead
On Monday morning (11/09), the Department of Meteorology issued an orange warning, in effect from 11:00 a.m. to 6:00 p.m....
https://knews.kathimerini.com.cy/en/news/recovery-and-resilience-measures-target-non-performing-loans
In a move to address Non-Performing Loans (NPLs) and maximize European funds, Minister of Finance, Makis Keravnos, announced the approval of an action plan under the Recovery and Resilience Plan. ...
https://knews.kathimerini.com.cy/en/news/clear-days-ahead-with-brief-afternoon-cloudiness
In a display of the dynamic nature of weather, the region is experiencing notable changes in its atmospheric conditions.
...
https://knews.kathimerini.com.cy/en/news/tourist-arrivals-and-revenue-soar
An increase in both tourist arrivals and tourism revenue has been recorded in Cyprus this year, said Deputy Minister of Tourism, Kostas Koumis....
https://knews.kathimerini.com.cy/en/news/paphos-grants-honorary-citizenship-to-senator-menendez
In a distinguished ceremony held on August 25, 2023, at the grandeur of Paphos Town Hall, the Municipality of Paphos conferred the title of honorary citizen upon esteemed US Senator Robert Menendez....
https://knews.kathimerini.com.cy/en/news/seasonal-low-pressure-system-brings-variable-conditions
The local weather is under the influence of a seasonal low-pressure system, leading to fluctuating conditions across the area....
https://knews.kathimerini.com.cy/en/news/sunny-days-ahead
A stretch of clear, sunny weather is on the horizon for the upcoming days, as a seasonal low-pressure system continues to influence the area. While a few coastal areas might see some initial thin cloud cover, overall, the skies are expected to remain mostly clear.
...
https://knews.kathimerini.com.cy/en/news/battling-medicine-shortages-head-on
Recommendations to pharmaceutical companies to increase their production capacity of antibiotics for the treatment of respiratory infections, and to EU member states not to stockpile them at the expense of their general availability in Europe, were addressed by the European Health Emergency Preparedness and Response Authority (HERA) ahead of the winter....
https://knews.kathimerini.com.cy/en/news/cyprus-tourism-up-32-upbeat-outlook
Tourism in Cyprus has recorded a 32% increase this year compared to last year, according to Deputy Minister of Tourism Kostas Koumis....
https://knews.kathimerini.com.cy/en/news/rising-temperatures-and-clear-skies-ahead
Good morning, Cyprus! As we step into Thursday (10/8), get ready for temperatures to climb to 38 degrees. The Meteorological Service predicts that the region is currently under the influence of seasonal low pressure....
https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-reports-soaring-profits-amid-rising-interest-rates
Eurobank Cyprus posted soaring profitability after tax for the first half of 2023 with net profits approaching the profitability of full year 2022, due to rising interest rates and the high remuneration of its liquidity held at the ECB....
https://knews.kathimerini.com.cy/en/business/fitch
Fitch Ratings released a new report on Monday stating that the credit profiles of Greek and Cypriot banks have significantly improved over the past year due to de-risking and restructuring....
https://knews.kathimerini.com.cy/en/news/high-temperatures-expected-across-the-region
The Meteorological Service has issued a yellow warning for an upcoming heatwave, as high temperatures are set to sweep across the region. The sign, which occurred yesterday evening, highlights the potential risks associated with the scorching weather conditions....
https://knews.kathimerini.com.cy/en/news/clear-skies-chance-of-showers-in-mountains
In the latest weather forecast, Monday, 07/03, is expected to bring mainly clear skies with a chance of isolated showers in the mountains during the afternoon....
https://knews.kathimerini.com.cy/en/news/positive-outlook-for-cyprus-israel-pipeline
Energy, Commerce, and Industry Minister George Papanastasiou expressed optimism regarding the construction of a pipeline between Cyprus and Israel, following a meeting with ENI CEO Claudio Descalzi...
