https://knews.kathimerini.com.cy/en/news/eurozone-service-output-stable-in-may-up-2-5-yearly
The production of services remained more or less stable in the eurozone (down -0.1%) and in the EU (+0.1%) in May 2024 compared to April, while increasing compared......
https://knews.kathimerini.com.cy/en/business/eurobank-completes-takeover-of-hellenic-bank
Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., has successfully completed its mandatory takeover bid for Hellenic Bank Public Company Limited. ...
https://knews.kathimerini.com.cy/en/business/€6m-fund-available-for-innovators-to-tackle-real-world-challenges
The Research and Innovation Foundation (RIF) has announced a new funding program called "Co-Develop" with a total budget of €6 million. This program aims to solve real-world problems by connecting researchers with businesses in areas such as digital technologies, advanced agriculture, health, and the environment....
https://knews.kathimerini.com.cy/en/news/rif-launches-€6m-fund-to-foster-innovation-and-economic-growth
The Research and Innovation Foundation (RIF) announced on Tuesday a new call for the "Co-Develop" funding programme, with a total budget of €6 million, aimed at better leveraging resources and apply innovative solutions to real problems....
https://knews.kathimerini.com.cy/en/business/ft-global-stock-markets-tumble-amid-us-recession-fears
Global stock markets experienced significant declines on Monday as concerns about a potential US recession led investors to abandon risky assets....
https://knews.kathimerini.com.cy/en/news/gesy-reserve-fund-soars-to-€590-million
The General Healthcare System (GESY) reserve fund remains high at approximately €590 million, exceeding international best practices......
https://knews.kathimerini.com.cy/en/business/august-newsletter-of-k-treppides-co-ltd-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/business/multicare-elite-–-the-new-top-tier-health-plan-from-universal-life
Universal Life, the insurance company with the most experience and expertise in the Health sector in Cyprus, proudly announces the launch of MultiCare Elite....
https://knews.kathimerini.com.cy/en/news/91-dead-in-bangladesh-protests-pm-resignation-demanded
Clashes in Bangladesh on Sunday left at least 91 people dead and hundreds injured as police fired tear gas and rubber bullets at tens of thousands of protesters demanding Prime Minister Sheikh Hasina’s resignation. ...
https://knews.kathimerini.com.cy/en/news/driverless-taxis-cause-traffic-chaos-in-china
Hundreds of driverless robotaxis from Chinese tech giant Baidu are causing traffic mayhem in Wuhan. ...
https://knews.kathimerini.com.cy/en/news/citizen-s-service-center-kep-on-makarios-avenue-to-close
The Citizen Service Center (KEP) on Arch. Makarios III Avenue in Nicosia will be closing down as it relocates to the large Center in Engomi. This transition is set to take place starting September 9, 2024....
https://knews.kathimerini.com.cy/en/comment/opinion/former-ministers-to-pay-fines-after-interconnector-tax-probe
Fines and fees for former officials linked to Interconnector companies....
https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-reports-€105-7m-net-profit-for-h1-2024
Eurobank Cyprus reported a net profit of €105.7 million for the first half of 2024, marking a 16% increase, or €14.9 million, compared to the same period in 2023....
https://knews.kathimerini.com.cy/en/business/wizz-air-now-flies-from-larnaca-to-cairo
Wizz Air the most environmentally sustainable airline globally1, is excited to announce a new route from Larnaca to Cairo. Starting on October 29, the new route will operate three times a week, on Tuesdays,...
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-slows-in-july-after-three-months-of-rising-costs
Inflation in Cyprus took a breather in July after three months of climbing prices. According to new figures released by the Cyprus Statistical Service, the cost of living went up by 2.1% in July. ...
https://knews.kathimerini.com.cy/en/news/greece-on-high-alert-over-possible-israeli-target-attack
The National Intelligence Service (EYP) and counterterrorism authorities in Greece are on heightened alert after receiving a warning from foreign security services about a potential attack on an Israeli interest in Greece....
https://knews.kathimerini.com.cy/en/business/bank-of-england-cuts-interest-rates-after-nearly-a-year-of-stability
The Bank of England (BoE) has cut interest rates for the first time since the start of the COVID-19 pandemic, dropping them from a 16-year high. This decision, made by a narrow 5-4 vote, reflects a split among policymakers about whether inflation is under control....
https://knews.kathimerini.com.cy/en/news/larnaca-marina-gets-€30m-upgrade-port-project-postponed
The government abandoned the joint development of the Larnaca port and marina, announcing on Thursday projects estimated at over €30 million to upgrade the marina and the surrounding area, heeding the suggestions of the city’s local stakeholders....
https://knews.kathimerini.com.cy/en/comment/opinion/70-of-cypriots-and-greeks-choose-card-payments-over-cash
We are moving ever closer to abolishing cash for consumers and businesses....
https://knews.kathimerini.com.cy/en/news/cyprus-government-rakes-in-over-€424m-in-surpluses-this-year
Cyprus has reported a substantial budget surplus of €424.5 million for the first half of 2024, a huge increase from the €62 million surplus during the same period last year. ...
https://knews.kathimerini.com.cy/en/business/record-surge-in-olive-oil-fraud-amid-rising-prices-of-liquid-gold
The European Union reported a record number of potential olive oil fraud and mislabeling cases in the first quarter of 2024, driven by inflationary pressures and a growing hidden market for the kitchen staple....
https://knews.kathimerini.com.cy/en/news/nicosia-municipality-embraces-digital-era-ends-cheque-payments
In a significant shift towards modernization, the Nicosia Municipality announced it will no longer accept cheque payments, urging residents to transition to electronic and card-based payment methods. ...
https://knews.kathimerini.com.cy/en/news/police-seize-truck-with-unmarked-meat-heading-for-occupied-side
On July 25, 2024, Cypriot authorities seized a commercial truck attempting to transport over two tonnes of unmarked fresh meat to the occupied territories from an unauthorized crossing point, following a notification from the police....
https://knews.kathimerini.com.cy/en/business/fruits-and-perishables-made-of-gold
Soaring retail prices for fresh fruits and vegetables have heavily impacted both consumers and producers in recent months. ...
https://knews.kathimerini.com.cy/en/business/july-newsletter-of-k-treppides-co-ltd-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/fda-approves-first-blood-test-for-colorectal-cancer-screening
The U.S. Food and Drug Administration has approved the first blood test for colorectal cancer screening for average-risk adults aged 45 and older, providing a new, less invasive option for early detection....
https://knews.kathimerini.com.cy/en/news/southport-knife-attack-injures-8-including-children
A knife attack in Southport, a seaside town near Liverpool, left at least eight people injured on Monday, including children, local authorities reported....
https://knews.kathimerini.com.cy/en/news/greek-firms-fuel-business-expansion-across-cyprus
The investment climate in Cyprus has significantly improved since the crisis era of 2013, attracting substantial interest from Greek companies....
https://knews.kathimerini.com.cy/en/news/intensive-care-units-strained-as-heatstroke-cases-surge-in-nicosia
Three people are currently being treated at the Nicosia General Hospital with heatstroke, Charalampos Charilaou, spokesperson of the State Health Services Organisation told CNA, adding that two of them are in the intensive care unit in a serious condition....
https://knews.kathimerini.com.cy/en/news/unlock-a-whole-new-world-with-the-new-mobile-app-of-ayia-napa-marina
