https://knews.kathimerini.com.cy/en/news/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview
Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....
https://knews.kathimerini.com.cy/en/news/persianis-reveals-limited-cooperation-with-finance-ministry
For the limited cooperation with the Ministry of Finance, for the wrong interpretation of the research with a political prism and for the fiscal risks, the President of the Fiscal Council of Cyprus......
https://knews.kathimerini.com.cy/en/news/aging-channel-in-oroklini-raises-alarming-flood-risks
In Oroklini, an aging earthen channel crucial for rainwater management is on the verge of closure, posing a flood risk for Cyprus's largest community....
https://knews.kathimerini.com.cy/en/news/billionaires-choose-abu-dhabi-as-global-wealth-safe-haven
In a surprising trend, billionaires including Zhao Changpeng, the Adani family, Ray Dalio, and Vladimir Lisin are flocking to Abu Dhabi's international financial center, establishing special purpose vehicles (SPVs) to safeguard their fortunes....
https://knews.kathimerini.com.cy/en/business/how-artificial-intelligence-is-changing-cyprus
The 8th Innovation and Entrepreneurship Forum, focusing on ''AI & Business: creating value, minimizing risks,'' held at the University of Cyprus on Tuesday (28/11), delved into the impact of artificial intelligence (AI) on business. ...
https://knews.kathimerini.com.cy/en/news/fiscal-council-cautions-on-2024-economic-risks-despite-optimism
Recently, the Cyprus Fiscal Council took a close look at how our economy is doing. They gave us some important info based on their study....
https://knews.kathimerini.com.cy/en/news/mayors-take-on-eco-warriors-in-akamas-showdown
In a heated dispute, the municipalities of Polis Chrysochous and Pegeia are vehemently protesting against the interference of various environmental organizations....
https://knews.kathimerini.com.cy/en/news/elizabeth-mccaul-unveils-hidden-financial-dangers
A strong signal highlighting the need for closer scrutiny of non-bank financial institutions comes from Frankfurt, as Elizabeth McCaul, a member of the European Central Bank's Supervisory Board, emphasizes the potential risks....
https://knews.kathimerini.com.cy/en/news/seven-ways-to-boost-cyprus-economy-and-competitiveness
The Cyprus economy needs seven important pillars to respond to the increasingly volatile environment, achieve greater growth, gain a more resilient and competitive economy, and develop innovation and more growth potential, according to PwC CEO Philippos Soseilos....
https://knews.kathimerini.com.cy/en/news/israeli-hamas-war-puts-cyprus-and-egypt-at-forefront-of-credit-risks
Cyprus and Egypt are currently facing the most direct credit risks among countries rated by Scope Ratings due to the Israeli-Hamas conflict, warns the German firm....
https://knews.kathimerini.com.cy/en/business/inflation-fears-and-green-investments
The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...
https://knews.kathimerini.com.cy/en/news/overtime-crisis-threatens-stability-in-cyprus
The case of Ms. Komodromou, a civil servant seconded to the presidency from the University of Cyprus, sheds light on a much larger issue that has plagued governments in the Republic of Cyprus since its inception....
https://knews.kathimerini.com.cy/en/news/liquidity-cover-hits-318-in-banking
Konstantinos Herodotou, the Governor of the Central Bank of Cyprus, delivered a robust message at the TechIsland conference in Limassol....
https://knews.kathimerini.com.cy/en/business/ssm-chief-urges-banks-to-be-prudent-amidst-soaring-profits
The Chairman of the Single Supervisory Mechanism (SSM), Andrea Enria, has emphasized that the gains from high interest rates for banks will eventually come to an end....
https://knews.kathimerini.com.cy/en/news/unprecedented-disasters-prompt-urgent-calls-for-risk-assessment-review
Unfortunately, this year has been a game changer in terms of risk prediction as the scale and impact of recent disasters has been unprecedented, Dr. George Boustras, ...
https://knews.kathimerini.com.cy/en/news/cyprus-aims-to-shine-with-cypriot-red-soil-potato-in-european-market
Ministry of Agriculture, Rural Development, and Environment, is making every possible effort to address new challenges while improving the competitiveness of the agricultural sector, said the Minister of Agriculture, Rural Development, and Environment, Petros Xenophontos....
https://knews.kathimerini.com.cy/en/news/china-s-economic-slowdown-threatens-global-stability
China is unlikely to surpass the US as the world's largest economy as initially predicted for the early 2030s, primarily due to a growing lack of confidence in the Chinese economy, according to Bloomberg Economics analysts....
https://knews.kathimerini.com.cy/en/comment/opinion/chlorakas-attack-highlights-growing-racial-tensions-in-cyprus
The violent attack on Syrian residents in Chloraka last Sunday during a community demonstration related to the refugee-migration issue represents a failure on multiple fronts....
https://knews.kathimerini.com.cy/en/news/can-sexual-education-truly-safeguard-cyprus-youth
With a small yet significant change in our education system, the new school year is commencing....
https://knews.kathimerini.com.cy/en/news/company-fined-€12-000-for-workplace-safety-violations
A fine of €12,000 was imposed on a company that was judged by the District Court of Nicosia to have violated the laws concerning workplace safety and health....
https://knews.kathimerini.com.cy/en/news/dumping-dilemma-as-cyprus-struggles-to-break-the-cycle-of-illegal-waste
The problem of the existence of three illegal dumpsites in the Akamas community area has been trapped in a vicious circle of blame for years....
https://knews.kathimerini.com.cy/en/news/water-stress-looms-over-cyprus-as-part-of-global-crisis
Cyprus is among the 25 countries facing extremely high water stress each year, the World Resources Institute (WRI) said in a recent study. In total, these countries are home to a quarter of the Earth's population, while at least 50% of the world's population - some 4 billion people - is under highly water-stressed conditions for at least one month of the year....
https://knews.kathimerini.com.cy/en/business/proper-disposal-of-medical-waste-needed-to-prevent-wastewater-contamination
Improper disposal of unused or expired medicines, whether in waste bins or down drains, poses significant risks, according to the Environment Department and Dr. Nikolas Dietis,...
https://knews.kathimerini.com.cy/en/comment/opinion/is-there-a-need-for-radical-changes-in-civil-protection
The catastrophic fire in Rhodes, a typical and unfortunate example of what is internationally referred to as a mega-fire - a fire that is extremely destructive to the local environment...
https://knews.kathimerini.com.cy/en/news/international-aid-rushed-to-tackle-wildfire-in-mountain-communities
A wildfire that ignited between the communities of Korfi, Alassa, and Iasa at noon on Sunday continues to rage out of control, posing a severe threat to the region. The fire has led to evacuations and widespread smoke, reaching as far as the city of Limassol itself. ...
https://knews.kathimerini.com.cy/en/business/should-you-sell-your-family-business
A common response from family business owners when asked the above question is, "Let them make an offer, and we'll see."...
https://knews.kathimerini.com.cy/en/news/when-drugs-for-weight-and-diabetes-backfire
Joanie Knight has a message for anyone considering drugs like Ozempic or Wegovy, which have become popular for the dramatic weight loss they can help people achieve....
https://knews.kathimerini.com.cy/en/news/armed-forces-drones-to-monitor-fires-in-greece
A modern "tool" with impressive surveillance capabilities is available to the Unified Coordination Center of Operations and Crisis Management of the Civil Protection in the "battle" against wildfires....
https://knews.kathimerini.com.cy/en/business/24-year-old-awarded-$18-8m-in-lawsuit-over-talc-based-baby-powder
A 24-year-old man in California was awarded $18.8 million on Tuesday in his lawsuit against Johnson & Johnson, in which he blamed talc in the company's baby powder for giving him cancer....
https://knews.kathimerini.com.cy/en/business/npl-crisis-highlights-tug-of-war-between-borrowers-and-legislation
The concealment, or "camouflage," of non-performing loans (NPLs) in commercial banks before 2013 and their subsequent explosion have been, and may continue to be, the most significant challenge for the Cypriot economy. ...