https://knews.kathimerini.com.cy/en/news/president-addresses-global-security-at-cairo-summit
This is not a regional crisis of limited concern or impact, it is fundamentally a question of international peace and security and a challenge that our global collective security system must respond to, President of the Republic Nikos Christodoulides told the International Peace Summit that took place Saturday in Cairo....
https://knews.kathimerini.com.cy/en/news/cyprus-appeals-for-eu-coordination-on-refugee-challenges
Cyprus calls for coordinated action at the EU level to deal with a possible new influx of refugees as a result of the war between Hamas and Israel, Interior Minister, Constantinos Ioannou, said during the first day of the Justice and Home Affairs Council meeting in Luxembourg....
https://knews.kathimerini.com.cy/en/news/assessing-the-dual-impact-of-government-s-support-measures
Recent days have witnessed crucial discussions surrounding measures to support households and businesses, a pressing necessity given the prevailing circumstances....
https://knews.kathimerini.com.cy/en/news/ecb-set-to-keep-rates-steady-says-central-bank-of-cyprus-governor
No interest hikes are expected in the next European Central Bank Governing Council meeting, as the latest available recent data suggest that the ECB rates have reached a level that, if maintained, will contribute to the return of inflation to the medium-term target of 2%, Constantinos Herodotou, Governor of the Central Bank of Cyprus and ECB Governing Council member told CNA on Wednesday....
https://knews.kathimerini.com.cy/en/business/cyprus-could-meet-40-of-it-energy-needs-through-solar-power-by-2030
Cyprus is on track to meet 40% of its energy needs through solar power by 2030, according to Francesco La Camera, the Director-General of the International Renewable Energy Agency (IRENA)....
https://knews.kathimerini.com.cy/en/news/israeli-hamas-war-puts-cyprus-and-egypt-at-forefront-of-credit-risks
Cyprus and Egypt are currently facing the most direct credit risks among countries rated by Scope Ratings due to the Israeli-Hamas conflict, warns the German firm....
https://knews.kathimerini.com.cy/en/news/france-urges-de-escalation-amid-israeli-strikes-on-lebanon
The ongoing conflict between Israel and Hamas has drawn global attention as the death toll rises, with over 1,000 Palestinians and 1,200 Israelis reported dead. Calls for peace have intensified amid the escalating violence....
https://knews.kathimerini.com.cy/en/news/qatar-initiates-talks-on-israeli-hostage-swap-with-hamas
In a bid to secure the release of Israeli women and children who were kidnapped by the Palestinian armed group and have been held in Gaza, Qatari mediators have engaged in talks with Hamas officials both in Doha and Gaza. ...
https://knews.kathimerini.com.cy/en/business/eurobank-goes-independent
Eurobank Ergasias Services and Holdings SA has announced the repurchase of a total of 52.08 million shares previously held by the Financial Stability Fund, making it the first Greek systemic bank without state participation in its share capital following the 2010 crisis....
https://knews.kathimerini.com.cy/en/news/targeted-fuel-and-heating-reductions-in-government-s-considerations
The Cyprus Electricity Authority has announced a 3% increase in electricity prices for upcoming bills. ...
https://knews.kathimerini.com.cy/en/news/government-unveils-inflation-relief-plan-for-october-s-end
At the end of October, the government is expected to announce measures to alleviate the impact of inflation, while at the beginning of 2024 the government plans to implement the new green tax on fuels, together with compensatory measures, said the Minister of Finance, Makis Keravnos, while handing over the 2024 state budget to the President of the Parliament, Annita Demetriou.
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https://knews.kathimerini.com.cy/en/news/cyprus-banks-secure-moody-s-upgrade-to-investment-status
After 12 years, Moody's has upgraded the ratings of Cyprus' two major banks, Bank of Cyprus and Hellenic Bank, placing them in the investment category....
https://knews.kathimerini.com.cy/en/business/deloitte-continues-to-foster-trust-through-transparency
Deloitte Cyprus issued its 12th Audit Transparency Report for the year ending 31 May 2023. The report provides an in-depth analysis on how the firm embraces its responsibilities to its clients, people, society, and the market, with the highest quality standards. ...
https://knews.kathimerini.com.cy/en/news/2024-budget-points-to-surplus-and-debt-reduction
The 2024 budget reflects the clear imprint of our policy priorities, President of the Republic Nikos Christodoulides says in a written statement, adding that the fiscal balance for 2024 is estimated to be surplus, reaching 2.2% of GDP, while the medium-term goal, by 2026, is to reduce public debt to 60%....
https://knews.kathimerini.com.cy/en/business/eurobank-to-acquire-hellenic-financial-stability-fund-stake
Eurobank Ergasias Services and Holdings S.A. has recently inked a conditional sale and purchase agreement with the Hellenic Financial Stability Fund. This agreement entails the acquisition of the Fund's entire stake in Eurobank's share capital....
https://knews.kathimerini.com.cy/en/news/overtime-crisis-threatens-stability-in-cyprus
The case of Ms. Komodromou, a civil servant seconded to the presidency from the University of Cyprus, sheds light on a much larger issue that has plagued governments in the Republic of Cyprus since its inception....
https://knews.kathimerini.com.cy/en/news/presidency-in-prolonged-crisis
The United Nations General Assembly in New York proved to be a critical test for Nikos Christodoulides during his first year in office, as well as a highly significant personal and political endeavor. On one hand, he aimed to use the platform of these meetings to communicate a positive message regarding the Cyprus problem. ...
https://knews.kathimerini.com.cy/en/news/€369-million-eib-loan-for-smart-investments
The government has secured a €369 million loan from the European Investment Bank (EIB) with favorable terms to support expenditures and investments within the framework of the "Thalia" program. ...
https://knews.kathimerini.com.cy/en/news/christodoulides-un-call-a-bold-push-for-cyprus-reunification
In his address before the 78th UN General Assembly today, the President of the Republic of Cyprus, Nicos Christodoulides, will emphasize six key areas of focus, with the majority centered on addressing the Cyprus problem and the prospects for resuming negotiations while referencing the foundation for a solution....
https://knews.kathimerini.com.cy/en/business/techisland-s-workshop-marks-cyprus-s-tech-hub-aspiration
TechIsland’s 'Building Tech Islands' Workshop: A Milestone in Cyprus’s Quest to Attract Global Tech Giants...
https://knews.kathimerini.com.cy/en/business/lego-bricks-for-real-buildings-in-florida
A Florida construction firm is seeing fast adoption of its intuitively-made building blocks that work like real-life LEGO bricks....
https://knews.kathimerini.com.cy/en/news/eunomia-4-2023-to-unite-nations-and-strengthen-ties-with-the-us
The joint exercise of Cyprus, France, Greece, and Italy "EUNOMIA 4-2023" is an indication of the readiness of the four countries to work together to ensure conditions of security and stability in the Eastern Mediterranean, said on Thursday President of the Republic, Nikos Christodoulides....
https://knews.kathimerini.com.cy/en/news/government-extends-zero-vat-on-essentials
The government has decided to extend the application of the zero VAT rate on essential goods for another six months, with Finance Minister Makis Keraynos announcing the addition of coffee and sugar to the list of exempted products....
https://knews.kathimerini.com.cy/en/news/china-s-economic-slowdown-threatens-global-stability
China is unlikely to surpass the US as the world's largest economy as initially predicted for the early 2030s, primarily due to a growing lack of confidence in the Chinese economy, according to Bloomberg Economics analysts....
https://knews.kathimerini.com.cy/en/news/cyprus-israel-energy-cooperation-thrives-despite-regional-tensions
Since 2014, the Trilateral-Greece-Cyprus-Israel cooperation, with Prime Ministers Kyriakos Mitsotakis and Benjamin Netanyahu, was completed in Nicosia....
https://knews.kathimerini.com.cy/en/news/akel-s-bold-demand-tax-bank-profits-to-power-people-s-pockets
The AKEL political party is urging the government to take immediate action to alleviate the financial strain on Cypriot households by taxing banks' surplus profits and redirecting the funds towards fuel and electricity subsidies....
https://knews.kathimerini.com.cy/en/news/buffer-zone-tensions-and-cyprus-problem-scenarios
After the incident in the buffer zone at the Gate, the National Security Council in Turkey convened. This was its first meeting after Erdogan's reelection. ...
https://knews.kathimerini.com.cy/en/news/paphos-grants-honorary-citizenship-to-senator-menendez
In a distinguished ceremony held on August 25, 2023, at the grandeur of Paphos Town Hall, the Municipality of Paphos conferred the title of honorary citizen upon esteemed US Senator Robert Menendez....
https://knews.kathimerini.com.cy/en/news/fuel-tax-cut-to-aid-low-incomes
The association called "Equality" is requesting a reduction in fuel taxes through a letter addressed to the Minister of Finance, Makis Keravnos....
https://knews.kathimerini.com.cy/en/news/new-video-shows-turkish-cypriot-un-peacekeepers-clash-near-pyla-buffer-zone
Fresh video footage has come to light depicting the clashes that transpired on Friday morning within the buffer zone near Pyla, involving Turkish Cypriots and United Nations personnel....
