https://knews.kathimerini.com.cy/en/business/swiss-central-bank-slashes-interest-rates-to-0-to-fight-soaring-franc-and-deflation
In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....
https://knews.kathimerini.com.cy/en/news/illegal-camping-in-forests-could-cost-you-big-time
Authorities are urging the public to think twice before pitching a tent in the forest this summer, especially in places like the Akamas National Forest Park, warning that unauthorized camping isn't just bad for the environment; it could land you in serious legal trouble....
https://knews.kathimerini.com.cy/en/business/83-major-companies-in-cyprus-operating-without-required-permits-lawmakers-say
Eighty-three major industrial sites across Cyprus are operating without valid town planning permits, building permits, or approval certificates, key documents required to regulate pollution and safeguard public health, according to AKEL MP Nicos Kettiros....
https://knews.kathimerini.com.cy/en/news/the-catalytic-role-of-legal-and-regulatory-functions-in-the-modern-era-of-sustainable-development
In the traditional business environment, legal and compliance professionals were seen as “gatekeepers.” Today, they are evolving into custodians of alignment and harmonization with legal and regulatory frameworks. ...
https://knews.kathimerini.com.cy/en/news/why-cyprus-is-not-in-danger-from-iran-israel-missile-strikes
When Iran and Israel exchanged direct missile strikes for the first time in decades in April 2024, after years of fighting through proxies, the spectacle was visible from Cyprus. ...
https://knews.kathimerini.com.cy/en/business/prostate-cancer-on-the-rise-among-men-in-cyprus
Prostate cancer is on the rise in Cyprus, with nearly 10,000 men diagnosed over the past two decades, according to figures released by the Cyprus Cancer Archive....
https://knews.kathimerini.com.cy/en/business/ecb-poised-for-fall-rate-decision-as-growth-tariffs-and-inflation-weigh-in
The European Central Bank will reassess its interest rate policy this fall, weighing whether additional cuts are necessary after a recent series of reductions brought its main rate to 2%, with inflation easing to 1.9%....
https://knews.kathimerini.com.cy/en/news/uk-denies-involvement-of-cyprus-bases-in-israeli-strikes-on-iran
The United Kingdom has firmly denied allegations that its sovereign bases in Cyprus were used to support recent Israeli airstrikes on Iran, calling the claims “nonsense” and “deeply irresponsible.”...
https://knews.kathimerini.com.cy/en/business/oil-and-gas-prices-surge-after-attack-on-iran-nuclear-sites
Global energy prices soared and markets plunged Thursday following an attack on Iran’s nuclear facilities, intensifying fears of a wider Middle East conflict and compounding global economic pressures....
https://knews.kathimerini.com.cy/en/business/june-newsletter-of-k-treppides-co-ltd-–-06-06-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/business/deutsche-bank-eyes-return-to-cyprus-after-nearly-a-decade
Deutsche Bank, one of Europe’s biggest financial institutions, is considering a return to Cyprus nearly a decade after pulling out during the island’s financial crisis....
https://knews.kathimerini.com.cy/en/news/man-rescues-entangled-loggerhead-turtle-off-akamas-coast
A man out on a speedboat near the Akamas peninsula came to the rescue of a distressed loggerhead sea turtle (Caretta caretta) after spotting it tangled in a plastic bag and struggling to swim....
https://knews.kathimerini.com.cy/en/news/man-vandalizes-holy-cross-catholic-church-in-nicosia
An African man believed to be under the influence of drugs entered the Holy Cross Catholic Church in central Nicosia around 3:00 PM on Tuesday, June 10, causing chaos before fleeing the scene....
https://knews.kathimerini.com.cy/en/business/no-tender-no-permits-no-problem
A construction project meant to modernize part of Cyprus’ local government system is under fire after the Auditor General uncovered a series of irregularities, from bypassing public tenders to starting work without building permits or signed contracts....
https://knews.kathimerini.com.cy/en/news/cyprus-police-unveil-new-armored-vehicle-for-anti-terror-raids-and-rescues
The Cyprus Police Force is upgrading its tactical response capabilities with the addition of a new armored vehicle to its fleet, specifically for the Special Anti-Terrorist Unit (EAO) of MMAD....
https://knews.kathimerini.com.cy/en/news/wrong-way-driver-terrifies-motorists-on-limassol-nicosia-road
A shocking case of reckless driving caused panic on the Limassol-Nicosia highway on Sunday, June 8, when a double-cab vehicle was caught on camera driving in the wrong direction....
https://knews.kathimerini.com.cy/en/news/experts-puzzled-by-unusual-seismic-activity-linked-to-earthquake-at-mount-athos
A flurry of unusual seismic activity, centered offshore near Mount Athos, home to ancient Orthodox monasteries, has scientists puzzled and on high alert....
https://knews.kathimerini.com.cy/en/business/long-term-government-bonds-face-growing-investor-pushback
Governments around the world are encountering unexpected resistance in the bond markets as long-term debt issuances increasingly struggle to attract investors, marking a break from years of routine fundraising....
https://knews.kathimerini.com.cy/en/news/heads-up-low-flying-helicopters-to-clean-power-lines-across-cyprus
The Electricity Authority of Cyprus (EAC) has announced that a helicopter will be flying low over towns and villages across the island from June 10 to June 30, as part of a scheduled maintenance program to clean high-voltage insulators on transmission lines....
https://knews.kathimerini.com.cy/en/news/imf-and-eu-to-cyprus-cool-it-on-the-pay-rises-you-re-not-made-of-money
Cyprus may be riding high on economic growth, but the message from international watchdogs this week is blunt: slow down the spending, especially on public salaries, or risk unraveling the progress....
https://knews.kathimerini.com.cy/en/news/from-i-do-to-i-declare-weddings-now-come-with-a-bank-form
Weddings in Cyprus come with dancing, food, and the all-important envelope. But now, it seems those envelopes might need more paperwork than your actual marriage license....
https://knews.kathimerini.com.cy/en/business/good-news-for-borrowers-as-ecb-to-cut-interest-rates
The European Central Bank (ECB) is widely expected to cut its key interest rates by 0.25% this Thursday, a move that could bring welcome relief for borrowers and banks in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/new-u-s-travel-ban-to-block-visitors-from-nearly-20-countries
In a move that echoes one of the most controversial policies of his presidency, former U.S. President Donald Trump has signed a new travel proclamation that blocks or restricts entry into the United States from nearly 20 countries....
https://knews.kathimerini.com.cy/en/business/may-newsletter-of-k-treppides-co-ltd-–-30-05-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...
https://knews.kathimerini.com.cy/en/news/the-firefighter-who-refused-to-stay-silent
In one of the darkest chapters of modern Greek history, when flames engulfed the seaside town of Mati in July 2018, claiming 104 lives in a matter of hours, it wasn’t just the fire that left scars; it was the lack of response and accountability....
https://knews.kathimerini.com.cy/en/business/porsche-hits-the-brakes-on-taycan-ev-sales-over-fire-risk
Porsche has temporarily pulled some of its Taycan electric cars from UK showrooms due to concerns about potential battery fires. The Taycan, a luxury EV that launched in 2019, has been hit with several recalls over the years, and now, safety worries are putting the brakes on sales again....
https://knews.kathimerini.com.cy/en/news/no-green-light-for-jet-skis-yet-as-ayia-napa-puts-konnos-water-sports-on-hold
Water sports at one of Cyprus’ most popular beaches are on hold, for now. The Ayia Napa Municipality has hit pause on the licensing process for activities in the Konnos Bay area, raising red flags over safety and health concerns....
https://knews.kathimerini.com.cy/en/news/ey-announces-the-appointment-of-4-new-partners-in-cyprus
EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of four new partners:...
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-welcomes-two-new-partners
Deloitte Cyprus is pleased to announce the growth of its leadership team with the appointment of two new partners, effective 1 June 2025....
https://knews.kathimerini.com.cy/en/news/despite-presidential-pleas-cyprus-electricity-bills-set-to-rise-again
Despite the president’s intervention, the Cyprus Electricity Authority (ΑΗΚ) has gotten its way once again, and consumers are set to face higher electricity bills....
