https://knews.kathimerini.com.cy/en/news/cyprus-faces-crisis-with-120-illegal-waste-sites-igniting-fires
In Cyprus, there are approximately 120 illegal waste sites, with the Fire Service in the Nicosia district responding to 45 incidents in the past two years alone, as disclosed by the Parliamentary Environment Committee on Wednesday. MPs have urged relevant authorities to take decisive action....
https://knews.kathimerini.com.cy/en/news/standard-poor-s-upgrades-bank-of-cyprus-rating
Standard & Poor’s (S&P) has upgraded Bank of Cyprus’ long-term issuer rating to BB+, just one notch below investment-grade status, and assigned a positive outlook. This comes shortly after the upgrade of Cyprus’ long-term rating to BBB+, also with a positive outlook....
https://knews.kathimerini.com.cy/en/news/cyprus-to-sell-1-billion-bond-after-improved-credit-ratings
The Republic of Cyprus is expediting its return to the financial markets, seeking to leverage recent credit rating upgrades by Fitch and Standard & Poor's......
https://knews.kathimerini.com.cy/en/news/cbc-projects-3-gdp-growth-in-2024
The Central Bank of Cyprus has revised its 2024 forecast for GDP growth to 3%, from 2.8% that was expected last March, mainly due to the upward revision of domestic demand, while it maintained its forecast for growth in the years 2025 and 2026, at 3.1% and 3.2%, respectively....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-reforms-are-a-comedy-of-errors-in-governance
Following last Sunday's vote, the much-publicized local government reform will take effect on July 1. This, like many other reforms, has been carried out in typical Cypriot fashion. ...
https://knews.kathimerini.com.cy/en/news/us-surgeon-general-urges-social-media-warning-labels
In a bold move aimed at protecting youth mental health, US Surgeon General Vivek Murthy has proposed mandatory warning labels on social media platforms, akin to those found on cigarette packages. ...
https://knews.kathimerini.com.cy/en/news/ft-biden-eases-path-to-citizenship-for-500-000-undocumented-spouses
President Joe Biden is set to announce a major reform to U.S. immigration policy, offering up to 500,000 undocumented spouses of American citizens an easier path to legal status and U.S. citizenship. ...
https://knews.kathimerini.com.cy/en/news/geroskipou-awakes-to-explosion-solar-heater-suspected
An early morning explosion on Tuesday startled residents in the quiet neighborhood of Geroskipou. The blast, originating from a home solar water heater, caused significant damage but resulted in no injuries....
https://knews.kathimerini.com.cy/en/news/banks-blame-high-interest-rates-for-decline-of-new-loans
Loan demand continued to fall in the first quarter of 2024, with banks blaming high interest rates for the decline. ...
https://knews.kathimerini.com.cy/en/comment/opinion/europe-s-right-wing-surge
The votes are still being counted, but the European Parliament election results point to a surge of support for right-wing and far-right parties....
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/heatwave-forces-classes-outdoors-due-to-lack-of-air-conditioning
As Cyprus endures a sweltering heatwave with temperatures reaching 45 degrees Celsius, public school teachers have been forced to hold classes outdoors due to the lack of air conditioning. The extreme heat has rendered classrooms unbearable, prompting educators to seek any available shade....
https://knews.kathimerini.com.cy/en/news/hackers-claim-560m-ticketmaster-accounts-breached
Ticketmaster owner Live Nation confirmed "unauthorised activity" on its database after a group of hackers said they had stolen the personal details of 560 million customers.
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https://knews.kathimerini.com.cy/en/news/elections-expected-to-reshape-political-landscape
High Stakes in Cypriot Elections: Political Landscape at a Crossroads
Municipal and European Contests to Shape Future of Traditional Parties, Leadership, and Far-Right Influence...
https://knews.kathimerini.com.cy/en/news/eu-court-may-block-cyprus-plan-for-syrian-refugees
The Chief Prosecutor of the Court of Justice of the European Union has proposed a legal interpretation that could block Nicosia's efforts to designate......
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/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/comment/opinion/akel-accused-of-anti-european-populism-ahead-of-elections
In the past week, Annita Demetriou presented DISY's positions for the European elections while launching a simultaneous offensive against AKEL....
https://knews.kathimerini.com.cy/en/news/a-taste-of-the-first-green-agenda-cyprus-summit
The inaugural "Green Agenda Cyprus Summit" was held on Monday, May 20, at the Hilton Hotel in Nicosia. The event brought together leaders from Cyprus' business community and featured prominent speakers and experts on environmental, sustainability, and energy issues from around the world, aiming to inspire and motivate attendees....
https://knews.kathimerini.com.cy/en/news/vasilikos-chinese-consortium-demanding-an-additional-200-million
The meeting between Cypriot President Nicos Christodoulides and the Chinese Ambassador in Nicosia has dimmed hopes for the completion of the Vasilikos terminal project, according to a report by Apostolos Tomaras in this Sunday's print edition of Kathimerini. ...
https://knews.kathimerini.com.cy/en/business/resilient-ceos-embrace-ai-plan-for-sustainable-futures
Two in three CEOs optimistic about revenue and profit growth despite a challenging economic environment....
https://knews.kathimerini.com.cy/en/news/high-energy-biscuits-arrive-in-gaza-amidst-criticism-of-slow-delivery
The U.N. World Food Program (WFP) announced on Wednesday that it has recently distributed a limited number of high-energy biscuits in Gaza. These supplies marked the first aid deliveries from a new humanitarian sea route facilitated by a U.S.-built pier. This initiative aims to provide essential relief to Palestinians in desperate need....
https://knews.kathimerini.com.cy/en/news/climate-change-linked-to-turbulence
Severe turbulence caused a Singapore Airlines flight to plunge 7,000 feet, leading to one death and injuring 79 passengers, according to a report by the BBC. ...
https://knews.kathimerini.com.cy/en/life/is-raw-milk-a-trendy-temptation-or-health-hazard
In the world of daring culinary trends, raw milk is the latest sensation captivating influencers and foodies alike. Unlike its pasteurized counterpart, raw milk skips the heat treatment process, offering enthusiasts a taste of unaltered dairy straight from the cow's udder....
https://knews.kathimerini.com.cy/en/news/apple-fights-€1-8-billion-eu-fine
Apple is appealing a €1.8 billion fine from the European Union, which accused the tech giant of blocking information about cheaper music streaming services....
https://knews.kathimerini.com.cy/en/news/green-transition-cyprus-in-the-spotlight
The first ''Green Agenda Cyprus Summit,'' organized by the Digital Agenda Cyprus Summit and the newspaper ''KATHIMERINI,'' was a resounding success. The event took place at the Hilton Hotel in Nicosia....
https://knews.kathimerini.com.cy/en/news/banks-stress-need-for-government-support-in-esg-initiatives
Banks are urging a combination of government and regulatory policies to achieve a healthy, effective, and optimal green transition in Cyprus....
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/ft-law-firms-turn-to-ai-for-cost-cutting-and-efficiency
Law firms worldwide are increasingly turning to generative artificial intelligence (AI) to streamline operations and reduce costs, with many either......
https://knews.kathimerini.com.cy/en/news/climate-action
Wopke Hoekstra has been the European Commissioner for Climate Action since 9 October 2023. Before assuming office in Brussels, he held various political positions in the Netherlands and worked in the private sector. ...
