https://knews.kathimerini.com.cy/en/news/rising-food-prices-leave-cypriot-households-struggling
A recent survey reveals that consumers in Cyprus are increasingly worried about their financial future, as rising food costs and economic challenges weigh heavily on households....
https://knews.kathimerini.com.cy/en/news/us-embassy-in-kyiv-closes-amid-major-airstrike-threat
The United States has temporarily closed its embassy in Kyiv, citing credible intelligence about a potential major airstrike on November 20. ...
https://knews.kathimerini.com.cy/en/news/road-to-nowhere-as-paphos-polis-project-hits-a-dead-end
The long-awaited Paphos-Polis Chrysochous road project has hit a major roadblock, with construction halted at just 21% completion and the Republic of Cyprus now facing legal challenges from the former contractor, INTRAKAT. ...
https://knews.kathimerini.com.cy/en/news/ukraine-strikes-russian-base-with-us-supplied-atcms-missiles
For the first time, Ukraine has used U.S.-supplied ATACMS long-range ballistic missiles to strike Russian territory, targeting a military installation near the town of Karachev in the Bryansk region....
https://knews.kathimerini.com.cy/en/business/50-million-luxury-shoppers-pull-back-as-market-slows
For the first time since the 2009 financial crisis, the luxury goods market is losing its shine. A whopping 50 million shoppers have stopped splurging on designer bags, watches, and other high-end items, according to Bain & Company’s latest report....
https://knews.kathimerini.com.cy/en/news/declassified-cyprus-invasion-documents-confirm-old-truths
The recently declassified intelligence documents on the events surrounding the 1974 Turkish invasion of Cyprus and the coup against Archbishop Makarios shed light on the complex dynamics of the period but do not significantly alter existing historical conclusions. ...
https://knews.kathimerini.com.cy/en/news/botched-robbery-ends-in-disaster-as-suspect-loses-leg
Paphos Police have arrested two men in connection with a botched burglary that resulted in serious injuries and a complex web of alleged crimes, including conspiracy to commit a felony, housebreaking, and providing false information to authorities....
https://knews.kathimerini.com.cy/en/news/kpmg-cyprus-unveils-kpmg-cyprus-real-estate-market-report-insights-13th-edition
The pipeline of real estate projects in Cyprus continues to expand in 2024, with residential developments leading the way. Market liquidity appears to be improving, with Limassol dominating the overall market and the high-end residential segment for 2023 and the first half of 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-anti-corruption-authority-s-major-investigations-near-completion
The Independent Anti-Corruption Authority of Cyprus is making waves as it tackles high-profile investigations into alleged corruption, including the controversial ''gold passports'' scheme, claims of a ''state mafia,'' and other issues....
https://knews.kathimerini.com.cy/en/news/intruders-breach-windsor-castle-estate-while-royal-family-sleeps
Masked intruders broke into the Windsor Castle estate, where Prince William, Princess Kate, and their three children were asleep in their Adelaide Cottage residence....
https://knews.kathimerini.com.cy/en/business/laiki-bank-liquidator-raises-€90-8-million-for-depositor-compensation
According to a report by Panayiotis Rougalas in this Sunday's Kathimerini, the liquidator of the former Laiki Bank, Avgoustinos Papathomas, has achieved a key milestone in efforts to compensate creditors, particularly depositors who lost money during the bank’s 2013 collapse....
https://knews.kathimerini.com.cy/en/news/trump-sues-media-companies-over-critical-stories
As Donald Trump returns to the White House, he has escalated his legal actions against media organizations that have been critical of him. With only two months left before his second term, Trump, a convicted felon, has launched a series of lawsuits against outlets like the New York Times, Penguin Random House, and the Daily Beast....
https://knews.kathimerini.com.cy/en/news/dbrs-morningstar-cyprus-shows-strong-recovery-in-tackling-bad-loans
Cyprus is starting to see some positive shifts in its financial sector, particularly when it comes to tackling non-performing loans (NPLs) – loans that borrowers have stopped paying. ...
https://knews.kathimerini.com.cy/en/news/turkey-raises-concerns-over-u-s-presence-in-cyprus
Turkish pro-government media are increasingly discussing the ''replacement'' of the British Bases (SBA) in Cyprus by the United States and the ''encirclement'' of Turkey by America, citing US bases in Alexandroupolis, Larissa, Crete, and Cyprus. ...
https://knews.kathimerini.com.cy/en/news/the-declaration-of-the-trnc-a-turning-point-in-the-cyprus-conflict
On 15 November 1983, the Turkish Cypriot side unilaterally declared the occupied territories as the "Turkish Republic of Northern Cyprus" (TRNC)....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-endless-love-affair-with-unfinished-projects
''Oh Prometheus, if only you knew how much you’ve cost us, you’d blush with shame. Yet no one involved seems to care. In any case, full sails ahead.''...
https://knews.kathimerini.com.cy/en/news/greece-intelligence-declassifies-reports-on-1974-coup-and-turkish-invasion
The National Intelligence Service of Greece (EYP) has released declassified documents detailing the events surrounding the 1974 Greek-led coup in Cyprus and the subsequent Turkish invasion,...
https://knews.kathimerini.com.cy/en/business/cyprus-floating-lng-unit-prometheus-finally-sets-sail-from-shanghai
After months of delays linked to the Vasilikos scandal, Cyprus' Floating Storage and Regasification Unit (FSRU) 'Prometheus' is finally set to leave Shanghai in early December. ...
https://knews.kathimerini.com.cy/en/business/cyprus-faces-multi-million-euro-losses-as-major-development-projects-collapse
Cyprus is facing significant financial and logistical challenges following the abrupt termination of contracts for major infrastructure projects, with some cases likely to lead to costly legal battles....
https://knews.kathimerini.com.cy/en/news/romanian-teen-killed-in-suspected-stolen-car-crash
An 18-year-old Romanian woman, Iulia Michaela Vasile, died Wednesday night in a car accident in Larnaca. A young man, also 18, from Jordan, sustained minor injuries in the crash....
https://knews.kathimerini.com.cy/en/business/bank-workers-union-sets-sights-on-big-move-in-bank-of-cyprus
Last Thursday, the Cyprus Bank Employees' Association (CBA) announced it had sold its shares in Hellenic Bank to Eurobank, but already, reports suggest ETYK, the Cyprus banking employees’ union, is eyeing its next investment....
https://knews.kathimerini.com.cy/en/news/lois-builders-slams-contract-termination-cites-mismanagement-and-delays
Lois Builders Ltd. has issued a statement in response to the recent termination of its contract for the Fishing Reserve and Liopetriou River project, calling the move ''unprecedented.''...
https://knews.kathimerini.com.cy/en/business/fired-paphos-polis-road-contractor-wants-€35-million-payout
The Cyprus government has formally terminated its contract with Intrakat, a Greek construction company, for the long-awaited Paphos-Polis Chrysochous motorway, citing severe delays and excessive demands from the contractor....
https://knews.kathimerini.com.cy/en/news/theft-on-the-rise-police-urge-vigilance
Authorities in Cyprus are warning residents to stay vigilant as reports of theft continue to rise, including a recent case involving €10,000 worth of jewelry stolen from a home in the Kofinos area....
https://knews.kathimerini.com.cy/en/news/archbishop-of-canterbury-justin-welby-resigns-amid-criticism-of-abuse-handling
Archbishop of Canterbury Justin Welby has announced his resignation following a critical report revealing shortcomings in the Church’s handling of abuse allegations involving the late John Smyth, a known child abuser....
https://knews.kathimerini.com.cy/en/business/yet-another-contractor-get-axed-over-major-project-delays
Cyprus’s Ministry of the Interior has terminated the employment of the engineer and contractor for the Liopetri Fishing Shelter and River Restoration Project due to long-standing delays and unmet contractual obligations, according to an announcement by the ministry....
https://knews.kathimerini.com.cy/en/news/cyprus-intensifies-probe-into-ex-president-anastasiadis-in-golden-passports-scandal
The Independent Anti-Corruption Authority is intensifying its probe into former Cypriot President Nicos Anastasiadis about alleged corruption in the “golden passports” scheme, as detailed in journalist Makarios Drousiotis’s book 'Mafia State', Politis newspaper reported....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-reports-€401-million-profit-surge
In the latest financial report, Bank of Cyprus has reported a solid profit of €401 million for the first nine months of 2024—a 15% jump from last year’s €349 million. ...
https://knews.kathimerini.com.cy/en/news/boc-finalizes-sale-of-troubled-loans-to-boost-stability-and-growth
In September 2024, the Bank of Cyprus reached a deal with funds linked to Cerberus Global Investments B.V. to sell a portfolio of non-performing loans—primarily business loans backed by collateral. ...
https://knews.kathimerini.com.cy/en/business/cyprus-cracks-down-on-prolonged-standing-in-workplaces
Cyprus is stepping up efforts to protect workers from prolonged standing at their jobs, with a nationwide inspection campaign and stricter enforcement of new legislation aimed at improving workplace conditions....
