https://knews.kathimerini.com.cy/en/business/esm-report-says-cyprus-and-greece-are-the-only-eurozone-countries-expected-to-reduce-debt-through-2035
About half of the euro area countries, including the five member states that received assistance from the European Stability Mechanism (ESM), among them Cyprus, succeeded in reducing public debt and cutting deficits after the pandemic, thanks to the steady economic recovery and growing tax revenues....
https://knews.kathimerini.com.cy/en/comment/opinion/alan-greenspan-the-maestro
Alan Greenspan's tenure as head of the Federal Reserve became known as the "Great Moderation". This era was more than enough to earn the American economist the nickname "Maestro."...
https://knews.kathimerini.com.cy/en/news/when-the-numbers-look-good-but-life-doesn-t-feel-it
Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....
https://knews.kathimerini.com.cy/en/news/beyond-excellence-how-class-es26-of-the-english-school-nicosia-redefined-what-a-generation-can-achieve
A tribute to the most accomplished graduating class in the school’s history — young men and women who turned adversity into a legacy that will echo through Cyprus for generations....
https://knews.kathimerini.com.cy/en/news/why-more-people-are-travelling-for-experiences-not-just-a-break
For today's travelers, a trip is no longer simply about getting away for a few days. More and more, people are investing in experiences, personal growth, and memories that last long after they've returned home....
https://knews.kathimerini.com.cy/en/news/cyprus-shows-strong-growth-and-falling-debt-but-warning-signs-remain
Cyprus’ economy is continuing to grow strongly, with falling debt and a stabilizing financial system, but new risks linked to regional instability and long-term structural challenges are still hanging over the country, according to a new European report....
https://knews.kathimerini.com.cy/en/news/ai-designed-universal-vaccine-tested-in-humans-for-first-time
Scientists in the UK have tested a new kind of vaccine in people for the first time, and part of it wasn’t designed by humans at all, but by artificial intelligence....
https://knews.kathimerini.com.cy/en/news/europe-records-highest-sti-rates-in-more-than-a-decade
Cases of bacterial sexually transmitted infections (STIs) climbed to their highest levels in more than ten years across Europe in 2024, according to newly released figures from the European Centre for Disease Prevention and Control (ECDC)....
https://knews.kathimerini.com.cy/en/life/limassol-s-economic-transformation-through-the-centuries
Limassol is one of the clearest examples in the Eastern Mediterranean of a city that transformed its economic identity over the centuries. What began as a small farming settlement gradually developed into a complex economic hub with international reach. Its geographic position, historical circumstances, and the adaptability of its people shaped a dynamic economic journey....
https://knews.kathimerini.com.cy/en/news/european-parliament-calls-for-turkish-troop-withdrawal-from-cyprus
The European Parliament has approved a recommendation calling for the withdrawal of Turkish troops from Cyprus and the restart of negotiations on the Cyprus issue under a bizonal, bicommunal federation framework with political equality, in line with United Nations resolutions....
https://knews.kathimerini.com.cy/en/news/online-abuse-becoming-part-of-daily-life-for-europe-s-teenage-girls
A study presented during a conference in Nicosia has found that online abuse has become a routine part of daily life for many teenage girls across Europe, with researchers warning that cyber violence now affects girls on a massive scale....
https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-list-for-prison-overcrowding
The number of people in prisons across the European Union rose again in 2024, continuing a post-pandemic upward trend that has now reversed years of gradual decline....
https://knews.kathimerini.com.cy/en/comment/opinion/a-new-wave-of-european-instability
Eleven countries are running deficits above 3%, with Romania, Poland, Belgium and France posting the weakest figures. Cyprus, Denmark, Ireland, Greece and Portugal remain among the surplus countries....
https://knews.kathimerini.com.cy/en/news/church-of-cyprus-rejects-‘high-interest-loan-claims-in-paphos-case
The Audit Department of the Church of Cyprus has rejected allegations about the financial management of the Metropolis of Paphos, describing them as false and damaging....
https://knews.kathimerini.com.cy/en/news/cyprus-records-slightly-lower-road-death-rate-than-eu-average-in-2024
Cyprus recorded fewer road deaths than the European Union average in 2024, according to newly released figures from Eurostat, offering a cautiously positive picture of road safety on the island....
https://knews.kathimerini.com.cy/en/news/cyprus-government-offers-72-month-tax-debt-plan-as-billions-in-old-debts-loom
The government is rolling out a new 72-installment plan to help individuals and businesses settle long-standing debts to the tax office and social security funds, in one of its biggest debt restructuring moves in years....
https://knews.kathimerini.com.cy/en/news/cyprus-population-set-to-rise-until-2060-before-long-term-decline
Cyprus is forecast to see its population rise over the next several decades before eventually entering a period of decline later in the century, based on projections released by Eurostat....
https://knews.kathimerini.com.cy/en/business/ecb-says-interest-rates-played-a-key-role-in-curbing-inflation-across-the-euro-area
The European Central Bank (ECB) says monetary policy in the euro area was highly effective during the tightening cycle of 2022 to 2023. ...
https://knews.kathimerini.com.cy/en/comment/opinion/europe-s-energy-shock-is-cyprus-opportunity
The crisis triggered in Europe by Russia’s invasion of Ukraine stands as the most severe since the 1970s. It was driven largely by Europe’s heavy dependence on Russian natural gas, which disrupted about 45% of demand....
https://knews.kathimerini.com.cy/en/news/owe-social-insurance-new-repayment-plan-could-offer-thousands-a-financial-lifeline
Thousands of workers, freelancers and small business owners struggling with unpaid social insurance contributions could soon get a second chance to settle their debts, without immediate legal consequences....
https://knews.kathimerini.com.cy/en/comment/opinion/circumstance-waits-for-no-one
Cyprus is no stranger to crises or shocks, whether they come from external or internal forces. Its geopolitical position makes it especially vulnerable to instability, but it also places the country at the center of developments that directly shape its economic activity....
https://knews.kathimerini.com.cy/en/business/onlyfans-owner-leonid-radvinsky-dies-at-43-after-cancer-battle
Leonid Radvinsky, the billionaire owner of the adult content platform OnlyFans, has died after a long battle with cancer, the company announced Monday. He was 43....
https://knews.kathimerini.com.cy/en/comment/opinion/the-global-economy-is-facing-severe-turbulence
The Strait of Hormuz is the only maritime passage into the Persian Gulf. The de facto disruption of normal shipping through the Strait of Hormuz caused demand to fall by 80 percent, left oil tankers idle, and forced a halt to oil production because storage capacity is limited. ...
https://knews.kathimerini.com.cy/en/news/foreclosure-suspensions-keep-returning-in-cyprus
A new effort to suspend foreclosures is underway until the end of the year. Members of parliament are dissatisfied with the current foreclosure framework, and just days before Parliament dissolves ahead of the parliamentary elections, numerous legislative proposals are on the table. ...
https://knews.kathimerini.com.cy/en/news/scientists-develop-‘universal-vaccine-that-could-guard-against-multiple-threats
The idea sounds almost too good to be true: one vaccine that protects against a wide range of viruses, bacteria, and even allergens....
https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-for-per-capita-greenhouse-gas-footprint-in-2023
Cyprus had the largest greenhouse gas footprint per person in the European Union in 2023, reaching 14.8 tonnes of CO₂ equivalents per resident, according to new figures released by Eurostat....
https://knews.kathimerini.com.cy/en/business/cyprus-hotel-licensing-rises-to-45-from-5-6-in-2023
Cyprus has made major progress in bringing its hotel sector into compliance with licensing requirements, with the share of properly licensed hotels rising sharply from just 5-6% in 2023 to about 45% today, Deputy Minister of Tourism Kostas Koumis told Parliament on Tuesday....
https://knews.kathimerini.com.cy/en/news/jesse-jackson-civil-rights-leader-and-two-time-u-s-presidential-candidate-dies-at-84
The Rev. Jesse Jackson, a major figure in the US civil rights movement and a longtime force in Democratic politics, has died at the age of 84....
https://knews.kathimerini.com.cy/en/news/paphos-turkish-cypriot-properties-under-investigation-after-mismanagement-allegations
Following complaints involving the Municipality of Paphos and its suspended mayor over the handling of Turkish Cypriot properties, Cyprus’s Ministry of Interior has launched a review of leasing practices managed by the Turkish Cypriot Properties Management Service....
https://knews.kathimerini.com.cy/en/comment/opinion/2026-will-define-the-eurozone-s-future
The Eurozone faces a range of risks, foremost among them those stemming from the external environment. Specifically, there is the risk that global growth and international trade could be affected by a peak in geopolitical tensions....