https://knews.kathimerini.com.cy/en/news/gesy-€1-58b-revenue-€500m-reserve-stable-until-2031
The Health Insurance Organisation (OAY) has disclosed that its revenue from contributions to the General Health System (GeSY) reached €1.58 billion in 2023,...
https://knews.kathimerini.com.cy/en/news/cyprus-a-familiar-economic-space-for-greece
In an interview conducted by Kathimerini reporter Panayiotis Rougalas, Greece's Central Bank Governor, Mr. Yiannis Stournaras, sheds light on various aspects of the country's monetary policy and economic landscape....
https://knews.kathimerini.com.cy/en/news/fuel-prices-soar-consumers-brace-for-double-blow
Fuel prices are on an upward trajectory week by week, with an approximate increase of 13 cents per liter. Speaking to Oriana Papantoniou on Diaspora News, Spor FM, Christodoulos Christodoulou,...
https://knews.kathimerini.com.cy/en/news/turkey-s-february-inflation-hits-67-07-raises-policy-concerns
Turkey's annual inflation rate surged to 67.07% in February, surpassing expectations and sustaining pressure for a stringent monetary policy. Finance Minister Mehmet Simsek acknowledged that inflation would remain high in the coming months due to base effects and the delayed impact of previous rate hikes....
https://knews.kathimerini.com.cy/en/news/haiti-declares-state-of-emergency-amid-violence-and-prison-breaks
Haiti has plunged into a state of emergency as the capital city witnessed intense violence, prompting the government to take drastic measures....
https://knews.kathimerini.com.cy/en/news/one-year-in-challenges-mount-for-president-nikos-christodoulides
In today's Sunday edition of Kathimerini, journalist Marina Economidou delves into the intricate dynamics of President Nikos Christodoulides' first year. ...
https://knews.kathimerini.com.cy/en/news/senate-defies-calls-to-halt-f-16-sale-to-turkey
In a decisive vote on Thursday, the U.S. Senate overwhelmingly dismissed a resolution proposed by Republican Senator Rand Paul to block the sale of F-16 fighter jets to Turkey....
https://knews.kathimerini.com.cy/en/comment/opinion/why-marriage-shouldn-t-be-the-answer-to-€2b-loans
In 2023, Cyprus secured a substantial loan totaling €2.02 billion from the Bank of Cyprus, earmarking €510 million specifically for housing initiatives. ...
https://knews.kathimerini.com.cy/en/news/russia-ready-to-defend-against-nato-and-us-threats-says-putin
In his State of the Nation Address, Russian President Putin issued stern warnings to NATO and the United States, accusing them of deception and preparing to strike Russian territory.
...
https://knews.kathimerini.com.cy/en/comment/opinion/what-role-do-banks-ultimately-play
Are banks merely financial entities providing a range of services to the public and businesses, solely driven by profit for shareholders? Banks serve as the heart of our economic and social systems, ...
https://knews.kathimerini.com.cy/en/news/cyprus-president-s-first-visit-to-netherlands-in-34-years
President of Cyprus Nikos Christodoulides and Dutch Prime Minister Mark Rutte reaffirmed the robust bilateral ties between their nations during a pivotal meeting held in The Hague on Wednesday. ...
https://knews.kathimerini.com.cy/en/news/britain-under-fire-as-russia-steps-up-for-cyprus-peace-talks
Russian Foreign Ministry Spokeswoman Maria Zakharova referred on Wednesday to the 65th anniversary of the Zurich-London Agreements......
https://knews.kathimerini.com.cy/en/news/are-men-about-to-go-extinct
Scientists have long debated the fate of the Y chromosome, the genetic player in determining male characteristics. Recent research published in Nature suggests that concerns about its disappearance might be overblown, revealing a surprising twist in its evolutionary journey....
https://knews.kathimerini.com.cy/en/comment/opinion/europe-s-sleepless-nights-over-egypt-s-crisis
Ask almost any European official specializing in security matters what keeps them up at night, and they’ll probably answer ''Egypt.'' ...
https://knews.kathimerini.com.cy/en/news/italy-s-president-forges-path-forward-in-resolving-cyprus-problem
Italy's President Sergio Mattarella is making history with a two-day official visit to Cyprus, becoming the first Italian President to visit the island since its inception....
https://knews.kathimerini.com.cy/en/news/cyprus-the-new-epicenter-of-u-s-military-strategy-in-the-mediterranean
In a significant development, the United States and Cyprus are strengthening their defense and security ties, marking a shift in the geopolitical landscape of the Eastern Mediterranean. ...
https://knews.kathimerini.com.cy/en/news/how-cyprus-golden-visa-attracts-investors-from-around-the-world
Investing in Cyprus isn't just about property, it's about embracing a lifestyle bathed in Mediterranean sunshine and reaping the rewards of strategic investment....
https://knews.kathimerini.com.cy/en/news/building-in-engomi-where-explosion-occurred-lacked-required-permits
The apartments involved in Tuesday's (20/02) explosion in Egomi did not possess the necessary permits from the planning department, stated Mr. Zacharias Kyriakou, the Mayor of the area....
https://knews.kathimerini.com.cy/en/news/greek-government-to-sell-its-stake-in-piraeus-bank-anticipates-high-demand
Greece will proceed with the complete divestment of the state from Piraeus Bank with the disposition of the 27% it controls through the Hellenic Financial Stability Fund (HFSF)....
https://knews.kathimerini.com.cy/en/news/eldyk-soldier-loses-arm-in-tragic-training-accident
A 23-year-old soldier from the Cyprus National Guard Emergency Unit (ELDYK) is currently in intensive care at a private hospital after a training accident resulted in the amputation of his right arm and injuries to his eye and face, as per reports....
https://knews.kathimerini.com.cy/en/news/phone-ringing-debt-ignored-cyprus-faces-loan-repayment-hurdles
Despite efforts to reduce Non-Performing Loans (NPLs) in Cyprus, the lingering burden continues to weigh heavily on the country's economy and society....
https://knews.kathimerini.com.cy/en/news/investigation-underway-on-mysterious-explosion-in-makedonitissa
Authorities are grappling with the complexities of unraveling the cause behind a powerful explosion that rocked a three-story house in Makedonitissa around 7:00 p.m. on Tuesday....
https://knews.kathimerini.com.cy/en/news/cyprus-government-achieves-significant-debt-reduction-in-2023
The Cyprus government reported that the island nation ended 2023 with a debt of €22.4 billion, constituting around 99% of the Republic of Cyprus' total debt. This marks a notable reduction of €689 million or 3% from the corresponding period in the previous year....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-faces-headwinds-in-2024
According to an article by Maria Eracleous published in Kathimerini's Oikonomiki, the tourism sector in Cyprus is grappling with a challenging start to 2024, primarily attributed to the ongoing conflict in Israel and heightened price sensitivity impacting travel demand....
https://knews.kathimerini.com.cy/en/business/christodoulides-unveils-€60m-relief-package-amid-rising-prices
In an address to the nation, the President of Cyprus unveiled a series of targeted measures aimed at alleviating the economic challenges faced by households and businesses amidst rising prices. ...
https://knews.kathimerini.com.cy/en/business/cyprus-delays-15-multinational-tax-enforcement
Cyprus has yet to enforce the new EU rules introducing a minimum effective tax rate of 15% for multinational corporations operating within EU member states....
https://knews.kathimerini.com.cy/en/news/young-woman-suffers-burns-in-nicosia-explosion
The health condition of the young woman injured in last night's powerful explosion in Engomi remains stable and out of danger....
https://knews.kathimerini.com.cy/en/comment/opinion/a-tale-of-two-nations-greece-s-stability-amidst-america-s-unraveling
It’s a strange thing: Greece has become a relatively predictable, politically stable country. I wouldn’t say boring, because we still have a long way to go. At the same time, the United States is no longer the predictable, stable country we used to know....
https://knews.kathimerini.com.cy/en/news/eu-unveils-stricter-fiscal-rules-for-member-states
The European Commission has introduced new fiscal rules aimed at promoting growth and financial discipline among member states. The framework, ...
https://knews.kathimerini.com.cy/en/news/minister-kombos-to-support-13th-russian-sanctions-package
Cyprus supports the 13th package of sanctions against Russia, Foreign Minister Constantinos Kombos said during the Foreign Affairs Council in Brussels on Monday....
