https://knews.kathimerini.com.cy/en/business/first-pandora-and-new-balance-stores-open-in-cyprus
Cyprus shoppers have something new to be excited about, the country’s first-ever Pandora Jewellery and New Balance stores are opening at Nicosia Mall. ...
https://knews.kathimerini.com.cy/en/news/cypriot-banks-on-the-rise-as-credit-upgrades-could-mean-cheaper-loans-for-all
Cypriot banks are starting 2025 on a high note, collecting credit upgrades from major international rating agencies and setting the stage for wider economic benefits that could reach the average citizen....
https://knews.kathimerini.com.cy/en/business/moody-s-upgrades-bank-of-cyprus-to-a3
Moody’s Investors Service has upgraded Bank of Cyprus’ long-term deposit rating to A3 from Baa1 and revised its outlook to stable....
https://knews.kathimerini.com.cy/en/news/inmate-population-in-cyprus-more-than-doubles-prison-capacity-eurostat-says
Cyprus had the most overcrowded prisons in the European Union in 2023, with an inmate population more than double the system’s intended capacity, according to figures released by Eurostat, the EU’s statistics agency....
https://knews.kathimerini.com.cy/en/comment/opinion/why-london-s-real-estate-market-remains-one-of-the-most-liquid-in-the-world
London’s property market has long been considered a safe bet for investors. The reason? It’s all about liquidity. ...
https://knews.kathimerini.com.cy/en/news/weighting-for-change-cyprus-feels-the-heavy-burden-of-obesity
Obesity in Cyprus has reached 16.9% of the population, according to the country’s first National Nutrition Survey, released Friday by the Research and Education Institute “Health of the Child.” ...
https://knews.kathimerini.com.cy/en/news/ai-adoption-could-boost-global-gdp-by-an-additional-15-percentage-points-by-2035-as-global-economy-is-reshaped-pwc-research
New research published today by PwC reveals that AI has the potential to boost global economic output by up to 15 percentage points over the next decade. ...
https://knews.kathimerini.com.cy/en/business/european-hoteliers-take-on-booking-com-over-high-commissions
Hoteliers across Europe are once again taking aim at Booking.com, accusing the popular online platform of exploiting its dominant position in the market....
https://knews.kathimerini.com.cy/en/news/rapid-response-rescue-motorcycles-rolled-out-in-limassol-to-cut-emergency-response-times
The State Health Services Organisation has deployed rapid response rescue motorcycles in Limassol for the first time...
https://knews.kathimerini.com.cy/en/news/trump-s-tariff-war-backfires-as-tourists-ditch-u-s-head-to-europe
The global tariff war initiated by the Trump administration will have a negative impact on the US economy in 2025, as European and Canadian tourists change their plans....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-cuts-loan-rates-again-giving-borrowers-a-breather
Good news is finally landing in the inboxes of thousands of borrowers across Cyprus, as the Bank of Cyprus announced another interest rate cut that should make monthly loan payments a little easier to swallow....
https://knews.kathimerini.com.cy/en/news/cyprus-has-one-of-the-world-s-lowest-u-s-visa-rejection-rates-—-and-that-s-a-big-deal
Cyprus is inching closer to landing a spot in the U.S. Visa Waiver Program, and there’s one big reason why: it now has one of the lowest U.S. visa rejection rates in the world....
https://knews.kathimerini.com.cy/en/news/from-summer-hotspot-to-all-year-hub
Cyprus has big dreams, and according to Christos Angelides, General Manager of the Pancyprian Hotel Association (PASYXE), it’s going to take grit, vision, and a lot of teamwork to turn the island into a top-tier, all-year-round destination. But the potential? It’s definitely there....
https://knews.kathimerini.com.cy/en/comment/opinion/fairy-tales-about-benefits-and-other-wild-stories
Certain catchy lies continue to circulate in our public discourse. Lies that, no matter what, simply refuse to die....
https://knews.kathimerini.com.cy/en/news/rents-keep-climbing-but-house-prices-aren-t-going-anywhere
If you’re renting in Cyprus, you’re not imagining it; it really is getting more expensive year after year. New figures from Eurostat confirm that rents on the island jumped by 4.6% in 2024 compared to the previous year, continuing a steady upward trend that’s been going on since 2017....
https://knews.kathimerini.com.cy/en/business/mortgage-rates-dip-in-cyprus-but-we-re-still-paying-more-than-the-rest-of-europe
Mortgage interest rates in Cyprus dipped slightly in February, offering some relief to prospective homeowners, but don't pop the champagne just yet. Despite the modest cuts, borrowing in Cyprus remains noticeably more expensive than in the rest of the Eurozone....
https://knews.kathimerini.com.cy/en/business/cautious-optimism-for-easter-bookings-in-cyprus
Tourism officials are expressing cautious optimism about Cyprus’ 2025 Easter holiday season, with early bookings and rising airport traffic pointing to another strong year for the island’s travel sector....
https://knews.kathimerini.com.cy/en/business/trump-declares-tariff-war-with-chart-in-hand
At an official press conference, armed with a glossy chart and his signature bravado, former President Donald Trump unveiled what he described as ''the greatest, most incredible, America-first tariff plan you've ever seen.''...
https://knews.kathimerini.com.cy/en/business/cyprus-tech-boom-boosts-the-economy-by-€7-billion
For years, Cyprus’ economy leaned heavily on tourism and professional services, but the rapid rise of technology companies is reshaping the island’s financial landscape....
https://knews.kathimerini.com.cy/en/news/from-water-woes-to-bank-bets-here-are-the-stories-to-follow
https://knews.kathimerini.com.cy/en/business/consulco-s-lc-london-credit-aif-v-c-i-c-public-ltd-london-credit-fund-launches-compartment-c
Consulco is delighted to announce the launch of Investment Compartment C, the newest sub-fund of the London Credit Fund. ...
https://knews.kathimerini.com.cy/en/news/nearly-1-in-5-households-in-cyprus-unable-to-keep-homes-warm
A recent European report has shed light on a concerning issue in Cyprus: nearly one in five households is struggling to keep their homes warm....
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/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/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/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. ...