https://knews.kathimerini.com.cy/en/news/nadal-i-m-not-tired-of-playing-tennis-it-s-my-body-that-doesn-t-want-to-play-anymore
Rafael Nadal, one of the greatest tennis players in history, has announced the end of his 20-year career following a 6-4, 6-4 defeat to Botic van de Zandschulp of the Netherlands in the Davis Cup on Tuesday....
https://knews.kathimerini.com.cy/en/news/behind-the-power-games-in-disy
Annita Demetriou, the current president of Cyprus's Democratic Rally (DISY) party, recently addressed speculation about her potential candidacy for the 2028 presidential elections, calling the discussion premature, ...
https://knews.kathimerini.com.cy/en/news/olympic-medalists-receive-life-changing-rewards-from-home-countries
https://knews.kathimerini.com.cy/en/news/feud-erupts-at-top-of-cyprus-national-guard
The National Guard of Cyprus faces a serious challenge to its military discipline following a public conflict between top officials. This marks the second such incident in six years....
https://knews.kathimerini.com.cy/en/news/anti-corruption-authority-clears-health-official-of-allegations
The Anti-Corruption Authority in Cyprus has dismissed an anonymous complaint alleging misconduct against Christina Giannakis, Director General of the Ministry of Health. ...
https://knews.kathimerini.com.cy/en/news/nurses-unions-protest-in-cyprus-public-hospitals
The health sector in Cyprus is facing renewed turmoil, with public hospital staffing and the absence of collective agreements at the centre of contention....
https://knews.kathimerini.com.cy/en/news/eurobank-s-q1-profit-boosted-by-41m-from-hellenic-bank-investment
Eurobank reported an adjusted net profit of €383 million for the first quarter of 2024, with €92 million originating from Cyprus. ...
https://knews.kathimerini.com.cy/en/news/millions-saved-in-cyprus-pension-reform
The saga surrounding multiple pensions remains in limbo, as two bills navigate the corridors of power, scrutinized by the Presidential office, Cabinet, and Parliament....
https://knews.kathimerini.com.cy/en/news/experts-predict-few-coal-plants-to-survive-stricter-us-regulations
New climate rules imposed by Joe Biden’s administration requiring huge cuts in carbon pollution from coal-fired power plants will accelerate the decline of an industry that until recently provided most of America’s power, experts say, potentially even dealing a death blow to coal in the US....
https://knews.kathimerini.com.cy/en/business/alpha-bank-ceo-eyes-expansion-in-romania
Alpha Bank chief executive officer Vassilis Psaltis pointed to further expansion and acquisitions in Romania in a joint interview with the CEO of Italian bank UniCredit, Andrea Orcel for Bloomberg....
https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/news/boeing-whistleblower-found-dead-amid-legal-battle
A former Boeing employee, John Barnett, known for his outspokenness regarding production standards, has been discovered deceased in the United States. ...
https://knews.kathimerini.com.cy/en/news/us-diplomat-victoria-nuland-steps-down-amidst-russia-ukraine-controversy
Victoria Nuland, the third-highest-ranking U.S. diplomat known for her tough stance on Russia, is set to retire from her position this month, as confirmed by the State Department on Tuesday.
...
https://knews.kathimerini.com.cy/en/business/hellenic-bank-posts-impressive-2023-profit-of-€365-4-million
Hellenic Bank reported a substantial profit of €365.4 million for the year 2023, marking a significant upswing from €21.8 million in 2022. The Return on Tangible Equity (ROTE) for 2023 soared to 28.7%, a stark contrast to the 2.0% recorded in 2022....
https://knews.kathimerini.com.cy/en/news/netherlands-tops-global-pension-charts
A recent analysis by the Mercer CFA Institute has identified European nations as leaders in global pension systems. The Netherlands secures the top spot in the rankings, with Iceland and Denmark following closely behind....
https://knews.kathimerini.com.cy/en/news/cyprus-exposes-25-cases-of-dual-pensions-and-salaries
Around 25 citizens and officials in the Republic of Cyprus are receiving double pay—pension plus salary, according to the Republic's Auditor General....
https://knews.kathimerini.com.cy/en/news/germany-s-model-links-retirement-age-to-life-expectancy
The consequences of an aging population have for many years been a headache for many countries, including Greece, and have provoked opposition from many politicians and public opinion,...
https://knews.kathimerini.com.cy/en/news/2024-budget-gets-green-light-–-inside-scoop-on-state-wage-proposals
The 2024 budget was passed into law relatively comfortably, with a total of 37 MPs voting for it, while 19 were opposed. ...
https://knews.kathimerini.com.cy/en/news/president-s-clash-with-auditor-general-escalates
When Nikos Christodoulides expressed bitterness and heartache after the publication of the auditor general's report on the benefits he received as a government representative and seconded civil servant, questions arose about the conflict between the president and the auditor general....
https://knews.kathimerini.com.cy/en/news/president-faces-calls-to-repay-thousands-of-euros-after-ag-audit
In a new report, Cyprus Auditor General Odysseus Michaelides has intensified the conflict with President Nicos Christodoulides. ...
https://knews.kathimerini.com.cy/en/news/more-seniors-turning-to-marijuana-to-ease-ailments
As marijuana gains acceptance and legalization across the United States, a growing number of seniors, including Vietnam veteran Bill Martin, are turning to cannabis to address health issues....
https://knews.kathimerini.com.cy/en/news/nigerian-gang-exploits-facebook-connections-in-elaborate-scam
Greek authorities have dismantled a criminal organization consisting of Nigerian and Sierra Leonean nationals accused of duping women out of substantial sums of money through an elaborate online scam....
https://knews.kathimerini.com.cy/en/business/eurozone-economic-snapshot-november-13-2023
Inflation in the Eurozone, which stood at 10.6% in October 2022, has decreased to 2.9% in October 2023, sparking optimism among central bankers....
https://knews.kathimerini.com.cy/en/news/minister-unleashes-4-boost-for-retirees
In a significant move to enhance the well-being of pensioners, Labor and Social Insurance Minister Yiannis Panayiotou declared a nearly 4% increase in basic pensions for the upcoming year....
https://knews.kathimerini.com.cy/en/news/police-force-faces-renewed-criticism-after-recent-tragedies
The debate on the problems in the police force, which was a hot topic in the public sphere last week due to the two fatal attacks that occurred in a short span of time, was reignited on Wednesday, when all the relevant officials, led by the Minister of Justice and Public Order, Anna Koukkidi-Prokopiou and the Chief of Police, Stelios Papatheodorou, met in the Parliament's Institutions Committee....
https://knews.kathimerini.com.cy/en/news/cyprus-certifiers-clash-over-their-official-stamp
Tensions are escalating between the Ministry of Interior and certifying officials in the Republic of Cyprus, as a dispute erupts over uncontrolled certifications, misuse of the nation's coat of arms seal, alleged forgeries, undeclared income, and certifying officials who stand accused of rejecting complaints lodged against them....
https://knews.kathimerini.com.cy/en/news/the-mystery-of-cyprus-social-insurance-fund
The Republic of Cyprus achieved its first significant milestone with the establishment of the Social Insurance System, originally introduced during the colonial era. ...
https://knews.kathimerini.com.cy/en/news/full-basic-pension-exempted-from-actuarial-reduction
The Minister of Labor, Yiannis Panayiotou, presented a proposal at the Social Insurance Council meeting, exempting the full basic pension from a 12% actuarial reduction for employees with 40 years of contributions. This proposal aims to relieve actuarial reductions for early pensions.
...
https://knews.kathimerini.com.cy/en/news/netherlands-tops-global-pension-rankings-with-ai-driven-excellence
A new analysis, ranking 47 pension systems across the world, has shed light on the growing impact of AI on pension systems....
https://knews.kathimerini.com.cy/en/news/cyprus-secures-third-place-in-the-economist-economic-pentathlon
With three gold and two silver medals, Cyprus ranks third in The Economist’s economic pentathlon which has calculated how the 27 EU member states perform on the five major challenges facing them, namely demand/inflation, debt, demography, decarbonisation and decoupling from the world’s autocracies....