https://knews.kathimerini.com.cy/en/news/banks-contribute-over-€854m-in-taxes-amid-controversy-over-proposed-levy
In the last seven years (2017-2023), Cypriot banks have collectively paid more than €854 million in income tax, special taxes, and VAT, according to a report by Panayiotis Rouglas in last Sunday's Kathimerini....
https://knews.kathimerini.com.cy/en/comment/opinion/rentals-rise-as-home-ownership-trends-change
Around 20-25 years ago, Cyprus was renowned for having one of the highest rates of home ownership globally, with figures nearly reaching 78% - 80%, as per the data available then....
https://knews.kathimerini.com.cy/en/business/paphos-polis-road-project-faces-uncertain-future
The long-awaited road project connecting Paphos to Polis Chrysochous, which began in May 2021, faces significant delays and potential abandonment. ...
https://knews.kathimerini.com.cy/en/comment/opinion/from-academia-to-governance-cyprus-latest-deputy-minister
The establishment of Cyprus's Deputy Ministry of Immigration and International Protection coincided with a challenging period, influenced by the ongoing humanitarian crisis in neighboring Israel. ...
https://knews.kathimerini.com.cy/en/news/cyprus-eu-alliance-against-hezbollah-threats-reinforced
Cyprus, as a member of the European Union, found itself drawn into recent geopolitical tensions involving statements by Hezbollah leader Hassan Nasrallah....
https://knews.kathimerini.com.cy/en/news/cyprus-and-us-tighten-ties-visa-free-travel-and-arms-deals-on-the-horizon
According to a report written by Yiannis Ioannou, the consolidation of Cyprus-US strategic cooperation and the conclusion of a strategic dialogue agreement have significantly deepened Cypriot-US relations at a critical time,...
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/us-investment-and-educational-opportunities-rise-in-cyprus
The recent meeting between Cypriot Foreign Minister Konstantinos Kompos and US Secretary of State Anthony Blinken has underscored the strong and growing ties between Cyprus and the United States......
https://knews.kathimerini.com.cy/en/news/small-homeless-communities-pop-up-in-us-cities
In a dreary part of downtown Atlanta, shipping containers have been transformed into an oasis for dozens of previously unsheltered people who now proudly call a former parking lot home....
https://knews.kathimerini.com.cy/en/news/politico-cyprus-is-the-solution-not-a-problem
Despite its long-standing division, Cyprus is emerging as a crucial player in the Middle East, offering a stable platform for political, economic, humanitarian, and military operations, according to an article published today in Politico by Ivo Daalder....
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/business/cyprus-faces-market-uncertainties-as-exit-plans-delayed-again
According to report by Panayiotis Rougalas in today's Oikonomiki, Cyprus faces a challenging time as it navigates plans to exit the financial markets. ...
https://knews.kathimerini.com.cy/en/news/four-u-s-university-staff-stabbed-in-china-park
Four staff members from a U.S. university were stabbed in Beishan Park in northeast China, officials said Monday....
https://knews.kathimerini.com.cy/en/news/far-right-surges-in-european-elections
In a dramatic turn of events, far-right parties across Europe have secured significant gains in the recent EU elections, particularly in Germany and France. ...
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/business/passenger-traffic-up-at-larnaca-and-paphos-airports-amid-drop-in-hotel-bookings
Passenger traffic at Larnaca and Paphos airports increased by 4.26% in May 2024 compared to the same month in 2023, according to the Ministry of Transport, Communications and Works....
https://knews.kathimerini.com.cy/en/news/greek-olive-oil-producers-reject-bulk-sales-thrive-in-export-market
They knew the easy way. They could have effortlessly sent their oil in bulk to Italy....
https://knews.kathimerini.com.cy/en/news/heatwave-pushes-cyprus-electricity-to-the-limit
As temperatures soar in Cyprus, the nation is gearing up for a significant spike in electricity demand, officials say....
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-could-offset-ecb-rate-cut-benefits
The European Central Bank (ECB) cut its three key interest rates by 25 basis points on Thursday, marking the first reduction after nearly two years of increases or stasis. ...
https://knews.kathimerini.com.cy/en/news/cyprus-and-montenegro-strengthen-ties-pave-way-for-eu-integration
Cyprus President Nikos Christodoulides extended a warm welcome to Montenegro's President Jakov Milatović on Monday during his official visit to Cyprus, expressing Cyprus' readiness to provide technical support to Montenegro as it aligns further with European standards....
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/government-rejects-fti-group-s-bailout-plea-leading-to-bankruptcy
FTI Group, Europe’s third-largest travel provider, declared bankruptcy today following unsuccessful negotiations with the federal government, impacting 11,000 employees and tens of thousands of travelers currently on holiday or with future bookings....
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/government-clears-€564-2-million-in-outstanding-debts
The General Accounting Office of the Republic announced that a significant sum of €564.2 million has been cleared by the government from November 2013 to April 2024. This extensive effort aims to address outstanding debts owed to various government departments and agencies....
https://knews.kathimerini.com.cy/en/news/un-marks-first-international-day-of-potato
Today is the first UN International Day of Potato, an effort to celebrate and promote the potato's critical role in improving global nutrition, fighting hunger and poverty......
https://knews.kathimerini.com.cy/en/news/vafeades-confirms-qatar-s-interest-in-larnaca-marina-development
Transport Minister Alexis Vafeades announced on Thursday that Qatar and other international investors have shown interest in the development of Larnaca Port and Marina. ...
https://knews.kathimerini.com.cy/en/business/new-911-carrera-gts-t-hybrid-power-and-striking-design
911 Carrera GTS: Innovative, lightweight T-Hybrid with a newly developed 3.6-litre six-cylinder boxer engine, electric turbocharger and electric motor....
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....
