https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-upgraded-to-investment-grade-by-fitch
The Bank of Cyprus has just hit another major milestone—Fitch Ratings has upgraded the bank to investment grade, marking the third global rating agency to do so. ...
https://knews.kathimerini.com.cy/en/news/new-porsche-macan-with-five-stars-in-euro-ncap
The new Porsche Macan has received the top rating of five stars in the Euro NCAP test. The four-door sports car impressed with top scores in all test disciplines. ...
https://knews.kathimerini.com.cy/en/news/lower-vat-on-electricity-to-ease-consumer-costs-starting-in-april
Starting April 1, 2025, the Cyprus Electricity Authority (AΗΚ) will implement a temporary consumer support measure announced recently by President Nikos Christodoulides....
https://knews.kathimerini.com.cy/en/news/ancient-alexandria-crumbles-as-rising-seas-threaten-its-future
Alexandria, Egypt’s historic port city, is facing an escalating crisis due to climate-driven coastal erosion and rising sea levels....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-nearly-400-hundred-cases-of-colorectal-cancer-annually
Approximately 350 to 400 new cases of colorectal cancer are diagnosed in Cyprus each year, making it the island's third most common cancer....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-‘together-we-are-changing-cyprus
President Nicos Christodoulides reflected on his administration’s accomplishments during a televised sit-down with journalists, marking two years since he took office....
https://knews.kathimerini.com.cy/en/news/1-cyprus-turns-up-the-heat-and-it-s-only-march
Well folks, it’s only March, but Cyprus is already cranking up the thermostat! If you’re feeling hot under the collar, you’re not alone—today’s temps are making us wonder if summer RSVPed way too early....
https://knews.kathimerini.com.cy/en/news/ecb-cuts-interest-rates-by-25-basis-points-as-inflation-eases
The European Central Bank (ECB) announced on Thursday a fresh interest rate cut, lowering its three key rates by 25 basis points in a bid to support the eurozone economy as inflation gradually eases....
https://knews.kathimerini.com.cy/en/news/death-of-moldovan-woman-highlights-human-trafficking-crisis-in-occupied-north
A chilling tragedy unfolded in the occupied northern part of Cyprus as Anastasia Melega, a young woman from Moldova, was found dead late Monday evening at the ''Prinses'' nightclub-cabaret in occupied Gerolakkos, where she had worked. ...
https://knews.kathimerini.com.cy/en/business/net-billing-to-replace-net-metering-what-you-need-to-know
Cyprus is set to transition from the current net-metering system to net-billing for new residential solar energy systems, with the backing of the European Union....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-hit-record-high-profits-despite-ecb-rate-cuts
Despite the European Central Bank (ECB) preparing for its sixth interest rate cut since June 2023, bank profits in Cyprus have soared, marking two consecutive years of record earnings. ...
https://knews.kathimerini.com.cy/en/business/unemployment-in-cyprus-inches-up-but-remains-below-eu-average
Unemployment in Cyprus ticked up slightly in January 2025, reaching 5.0%, compared to 4.9% the previous month, according to new data from Eurostat. Despite the monthly rise, the overall trend remains positive, with unemployment lower than the 5.3% recorded in January 2024....
https://knews.kathimerini.com.cy/en/business/global-fintech-investment-falls-to-seven-year-low-of-$95-6-billion-in-2024-but-uptick-in-q4-24-is-a-sign-of-cautious-optimism-says-kpmg-s-pulse-of-fintech-h2-24
2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....
https://knews.kathimerini.com.cy/en/business/how-cyprus-became-the-secret-hub-of-the-global-porn-industry
When people think of Cyprus, they picture sunny beaches, rich history, and perhaps a financial hub. But what few realize is that the island is also home to some of the world's biggest players in the adult content industry....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-bold-overhaul-aims-to-boost-economy-but-sparks-debate
Cyprus is preparing to implement its first major tax reform in over two decades, aiming to modernize the tax system, boost competitiveness, and align with international standards....
https://knews.kathimerini.com.cy/en/news/unvaccinated-child-dies-of-measles-in-texas
A child in West Texas has died from measles, marking the first reported U.S. death from the disease in ten years, according to state health officials....
https://knews.kathimerini.com.cy/en/news/outrage-over-excessive-inspection-charges-in-takata-airbag-recall
Companies conducting vehicle inspections as part of the Takata airbag recall are under fire for imposing hefty administrative fees, with some charging up to €160 for inspections that should be free under European regulations. ...
https://knews.kathimerini.com.cy/en/news/university-of-cyprus-study-reveals-potential-advances-in-cancer-treatment
A recent study by researchers at the University of Cyprus (UCY) in collaboration with the University of Oxford has unveiled promising medical applications for cancer and rare genetic disease treatments....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-a-win-for-families-a-challenge-for-businesses
Cyprus is set to undergo its first major tax reform in over 20 years, with changes expected to align the system with the country’s evolving economic landscape....
https://knews.kathimerini.com.cy/en/business/fintech-giants-eye-cyprus-small-banks-in-race-for-european-banking-licenses
Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-geniuses-behind-cyprus-energy-farce
For those of you who thought that the TikTok videos where a wanted criminal chats with the police were the most absurd thing to happen this week, you were wrong....
https://knews.kathimerini.com.cy/en/news/2024-global-vc-investment-rises-to-$368b-as-investor-interest-in-ai-soars
Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...
https://knews.kathimerini.com.cy/en/news/anti-immigration-rhetoric-grows-but-immigrants-could-help-europe-s-aging-populations
The rise of far-right, anti-immigration politics across Europe is threatening to accelerate the continent’s demographic decline, experts warn, potentially triggering economic instability, labor shortages, and soaring costs for elderly care....
https://knews.kathimerini.com.cy/en/business/government-announces-minimum-wage-increase-for-hotel-workers
President Nikos Christodoulides highlighted key economic and labor policy decisions today during a Council of Ministers meeting at the Presidential Palace, emphasizing efforts to boost employment and attract Cypriot professionals back home....
https://knews.kathimerini.com.cy/en/news/new-pediatric-oncology-clinic-to-be-built-in-nicosia
A major step forward for pediatric cancer care in Cyprus was taken on Saturday with the signing of an agreement for the construction of a new Pediatric Oncology Clinic in Nicosia....
https://knews.kathimerini.com.cy/en/business/1-trump-s-‘tit-for-tat-tariffs-are-trading-jabs-in-the-global-market
President Donald Trump has unveiled a new strategy to impose tariffs on countries he deems to have unfair trade policies toward the U.S....
https://knews.kathimerini.com.cy/en/business/big-us-companies-borrowing-in-europe-to-save-money
Big American companies are increasingly turning to Europe to borrow money at lower costs, taking advantage of cheaper interest rates compared to those in the US....
https://knews.kathimerini.com.cy/en/news/no-relief-in-sight-as-electricity-prices-to-remain-high-until-2027
Electricity prices in Cyprus are expected to remain elevated for the next two years, according to the chairman of the EAC....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-ease-car-recall-chaos-with-rental-cars-and-free-bus-passes
The government is stepping in to help drivers impacted by the Takata airbag recall by arranging discounted rental cars and free public transport passes for those whose vehicles have been immobilized....
https://knews.kathimerini.com.cy/en/news/1-consulco-s-newest-investment-opportunity-compartment-c
Consulco, a leading specialist investment manager with a distinguished 30-year history, proudly announces the launch of Compartment C of the LC London Credit AIF V.C.I.C. Public Ltd (“the London Credit Fund”). ...
