https://knews.kathimerini.com.cy/en/news/new-global-report-launched-at-global-family-business-summit
The Global Family Business report from KPMG Private Enterprise and the STEP Project Global Consortium reveals how some successful business families adopt a future-centric view of legacy that binds generations together, creating dynamic legacies that adhere with tradition while simultaneously embracing innovation...
https://knews.kathimerini.com.cy/en/business/cyprus-faces-market-uncertainties-as-exit-plans-delayed-again
According to report by Panayiotis Rougalas in today's Oikonomiki, Cyprus faces a challenging time as it navigates plans to exit the financial markets. ...
https://knews.kathimerini.com.cy/en/news/carlos-alcaraz-claims-first-french-open-title-in-five-set-thriller
Carlos Alcaraz, the prodigy of world tennis, has claimed his first French Open title in a thrilling five-set match against Alexander Zverev at Roland Garros. Alcaraz emerged victorious with a score of 3-2 (6-3, 2-6, 5-7, 6-1, 6-2), marking a significant milestone in his burgeoning career....
https://knews.kathimerini.com.cy/en/news/cyprus-prepares-for-major-local-government-reform
The June 9 elections mark the final step before the significant milestone on July 1, 2024, when a new local government structure will be established in Cyprus, Apostolos Tomaras reports. ...
https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-bbb
Fitch Ratings has upgraded Cyprus' Long-Term Foreign Currency Issuer Default Rating from 'BBB' to 'BBB+' with a positive outlook....
https://knews.kathimerini.com.cy/en/news/1974-toyotas-stand-still-in-nicosia-s-buffer-zone
In the summer of 1974, amidst the bustling streets of Ledra, Dikran's father, Stefan, welcomed a fleet of untouched Toyota cars, Corolla, Corona......
https://knews.kathimerini.com.cy/en/news/keravnos-continues-to-call-on-banks-to-slash-interest-rates
Finance Minister, Makis Keravnos, called on local banks to slash interest rates, emphasizing the urgency for change in the financial landscape. Keravnos's remarks come just before the European Central Bank's Governing Council convenes,...
https://knews.kathimerini.com.cy/en/business/cyprus-s-electricity-outlook-brightens-with-great-sea-interconnector
The presentation of the "Great Sea Interconnector" electricity cable viability study by ADMIE's leadership in Nicosia has reportedly left a positive impression...
https://knews.kathimerini.com.cy/en/news/fti-bankruptcy-adds-to-woes-of-cyprus-tourism-sector
The recent bankruptcy of German tour operator FTI has sent ripples through the Cyprus tourism industry, highlighting both immediate concerns and long-term implications....
https://knews.kathimerini.com.cy/en/business/900-tourists-in-cyprus-affected-by-fti-group-bankruptcy
Around 900 tourists who purchased travel packages from the German-based FTI Group, which has recently filed for bankruptcy, are currently in Cyprus, Deputy Minister of Tourism Kostas Koumis said Tuesday....
https://knews.kathimerini.com.cy/en/news/free-outdoor-movie-nights-in-nicosia
Downtown Nicosia is set to come alive this June with complimentary outdoor movie nights, offering an enchanting experience under the early summer sky....
https://knews.kathimerini.com.cy/en/business/unpaid-debts-from-fti-touristik-bankruptcy-threaten-cyprus-hotels
The European tourism market has been jolted by the bankruptcy of FTI Touristik, a major German travel organiser. ...
https://knews.kathimerini.com.cy/en/news/cyprus-wins-imf-praise-for-strong-recovery
The International Monetary Fund (IMF) has praised Cyprus for its robust economic recovery and fiscal discipline, recommending continued efforts......
https://knews.kathimerini.com.cy/en/news/cyprus-ship-management-revenue-up-despite-global-challenges
Revenue from Cyprus' ship management industry rose by 2.4% in the second half of 2023, despite facing significant global challenges such as rising freight costs and geopolitical tensions, including disruptions in the Red Sea by Houthi forces....
https://knews.kathimerini.com.cy/en/news/med9-ministers-align-on-crisis-strategies-for-agriculture
The Agriculture Ministers of the MED9 group called for enhancement and promotion of crisis measures in the context of the Common Agricultural Policy......
https://knews.kathimerini.com.cy/en/news/why-the-high-interest-rates-when-inflation-is-low
Finance Minister Makis Keravnos has criticized the high lending rates in Cyprus, calling them unjustifiable given the country's relatively low inflation. In an interview with the Sunday edition of ''Phileleftheros,''...
https://knews.kathimerini.com.cy/en/news/panathinaikos-historic-comeback-seals-seventh-european-crown
Panathinaikos clinched its seventh European crown in dramatic fashion, staging a remarkable comeback from a 14-point deficit to defeat Real Madrid in the final showdown in Berlin on Sunday....
https://knews.kathimerini.com.cy/en/news/disy-and-akel-neck-and-neck-as-third-place-up-for-grabs
With just two weeks remaining until the elections, a Kathimerini poll reveals a crucially divided electoral landscape in Cyprus, marked by high rates of voter abstention and competitive races for the top political positions....
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-farmers-protest-lack-of-government-dialogue
Turkish Cypriot farmers are ramping up their demonstrations in the occupied territories, voicing their frustration over the absence of meaningful discussions with the authorities of the self-proclaimed state....
https://knews.kathimerini.com.cy/en/business/over-4-000-fewer-unemployed-in-cyprus
Cyprus is rejoicing as the latest figures from the Statistical Service of Cyprus (Cystat) reveal a significant boost in its labor market, with the unemployment rate plummeting to a joyful 6% in the first quarter of 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-shipping-chamber-marks-35-years-with-annual-election
The Cyprus Chamber of Shipping commemorated its 35th anniversary today with its annual election meeting in Limassol. ...
https://knews.kathimerini.com.cy/en/news/cyprus-and-greece-health-ministers-discuss-transplant-cooperation
In a bid to fortify health alliances across Europe, Greek Minister of Health, Adonis Georgiades, underscored the necessity for intensified collaboration among European states......
https://knews.kathimerini.com.cy/en/news/eu-commissioner-warns-of-the-health-impact-of-climate-change
European Commissioner for Health and Food Safety Stella Kyriakides described the climate crisis as one of humanity's most pressing challenges, emphasizing its impact on health....
https://knews.kathimerini.com.cy/en/news/andreas-petsas-and-eurobank-support-sustainability-at-green-agenda
In a pivotal speech delivered at the 'Green Agenda' conference hosted at Hilton Nicosia, Mr. Andreas Petsas, Senior General Manager of Eurobank......
https://knews.kathimerini.com.cy/en/news/green-agenda-takes-center-stage-in-pursuit-of-sustainable-living
As the Green Agenda Cyprus Summit unfolds at the Hilton Hotel, the atmosphere buzzes with anticipation and determination....
https://knews.kathimerini.com.cy/en/news/parliament-cancels-smart-meter-contract-to-save-eu-funds
The Cypriot Parliament has unanimously accepted the President's referral of a law passed on April 25 that exempts innovative small and medium-sized......
https://knews.kathimerini.com.cy/en/news/cyprus-among-top-3-in-eurozone-growth-for-2024
Cyprus stands out as one of the top performers in the Eurozone, boasting a robust growth rate for the year 2024, as announced by government spokesperson Constantinos Letympiotis today....
https://knews.kathimerini.com.cy/en/news/cyprus-to-launch-e-platform-to-monitor-hospital-infections
In a bid to enhance hospital infection monitoring, Cyprus plans to launch a specialized electronic platform by the end of 2025, according to Elizabeth Constantinou, Director of Medical Services at the Ministry of Health. ...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-earns-€133-million-in-profits
The Bank of Cyprus has announced a robust profit of EUR 133 million for the first quarter of 2024, marking a significant increase from EUR 95 million in the same period last year....
https://knews.kathimerini.com.cy/en/news/russian-troops-advance-blinken-affirms-us-support-in-ukraine
The escalating conflict in northeastern Ukraine has reached a critical juncture, highlighted by the ominous sight of Russian troops advancing in a frontline town, captured by drone footage....
