https://knews.kathimerini.com.cy/en/news/cyprus-fm-in-cairo-to-strengthen-ties
The Minister of Foreign Affairs of Cyprus, Constantinos Kombos, is currently on an official working visit to Egypt. ...
https://knews.kathimerini.com.cy/en/news/eurobank-takes-control-with-55-3-share-in-hellenic-bank
The European Central Bank (ECB) has given its approval for Eurobank to acquire a majority stake of over 50% in Hellenic Bank, marking a significant milestone in the banking landscape of Cyprus....
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/nicosia-general-hospital-s-trauma-center-treats-over-500-since-launch
President of the Republic of Cyprus Nikos Christodoulides inaugurated Monday the Trauma Center at the Nicosia General Hospital saying that the state......
https://knews.kathimerini.com.cy/en/news/mario-nava-advocates-bicommunal-energy-project-in-cyprus
A bicommunal photovoltaic power plant would increase cooperation in the energy field and build trust, Mario Nava, the Director-General of the European......
https://knews.kathimerini.com.cy/en/news/ecb-approves-eurobank-s-acquisition-of-majority-stake-in-hellenic-bank
The European Central Bank (ECB) has granted the necessary approvals for Eurobank to acquire a 55.3% stake in Hellenic Bank....
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/business/profits-soared-in-cyprus-banking-sector-in-2023
The Cyprus banking sector experienced a significant surge in profitability by the end of 2023, as indicated by key financial indicators from the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/news/government-prioritizes-cross-border-electricity-links-at-eu-council
Electricity interconnection with third countries is a constant priority for Cyprus, the Permanent Secretary of the Ministry of Energy, Commerce and Industry......
https://knews.kathimerini.com.cy/en/business/athens-welcomes-nine-athens-hotel-a-treppides-project
Treppides Investments & Holdings is thrilled to unveil its latest project, the Nine Athens Hotel, a new boutique hotel in the vibrant heart of Athens. ...
https://knews.kathimerini.com.cy/en/news/cbc-reports-€209-1m-increase-in-deposits-for-april
Total deposits have recorded a monthly rise for the third consecutive month in April, as total loans dropped after two months of growth....
https://knews.kathimerini.com.cy/en/news/shipping-minister-to-address-european-maritime-day
Cyprus Shipping Deputy Minister Marina Hadjimanolis, departs on Wednesday for Svendborg, Denmark to attend the European Maritime Day EMD 2024 Conference between 30-31 May....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-non-performing-loans-drop-to-lowest-level-in-years
Total non-performing loans (NPLs) to banks have dropped below €2 billion, specifically to €1.9 billion. ...
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/ecb-to-implement-first-interest-rate-cut
The European Central Bank (ECB) is poised to execute its much-anticipated rate cut, scheduled to take effect on Thursday, June 6, 2024....
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/comment/opinion/a-picture-is-worth-a-thousand-words
A picture is worth a thousand words, a picture is a gut punch. In Paphos, a woman with a cane lies on the ground in front of a bus stop. Thousands of similar scenes unfold across Nicosia and other cities,...
https://knews.kathimerini.com.cy/en/news/qatari-emir-and-cyprus-president-discuss-investment-prospects
The President of the Republic of Cyprus, Nikos Christodoulides, and the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, have expressed their mutual commitment to enhancing bilateral relations during the Emir's first official visit to Cyprus....
https://knews.kathimerini.com.cy/en/news/farmers-seize-control-policemen-caught-off-guard-in-occupied-territories
A demonstration outside the prime minister's residence in the occupied territories erupted into chaos on Monday as farmers, supported by various trade unions, NGOs, and political groups, voiced their grievances....
https://knews.kathimerini.com.cy/en/news/amalthea-initiative-brings-cyprus-and-qatar-closer
His Highness the Emir of Qatar, Sheikh Tamim bin Hamad Al-Thani, commenced his visit to Cyprus with a cordial reception by President Nikos Christodoulides of the Republic of Cyprus upon arrival at Larnaca Airport....
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/business/1-may-newsletter-of-k-treppides-co-ltd-cyprus-securities-and-exchange-commission-european-securities-and-markets-authority
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/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/eib-injects-over-€5-billion-into-cyprus-projects
The European Investment Bank (EIB) has injected over €5 billion into various projects in Cyprus, contributing significantly to the island nation's development, said Kyriakos Kakouris, Vice-President of the Bank....
https://knews.kathimerini.com.cy/en/news/where-can-we-get-fuel-at-lower-prices
As the economic landscape continues to evolve, one sector offers a glimmer of relief: fuel prices. In a conversation with petrol station owner Kyriakos Louka, ...
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/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/cyprus-investment-funds-increase-by-€293-million
The total assets of investment funds in Cyprus grew by approximately €293 million, or 4.5%, in March 2024 compared to December 2023, reaching €6.78 billion....
