https://knews.kathimerini.com.cy/en/news/italian-navy-frigate-luigi-rizzo-arrives-in-limassol-for-port-visit
The Italian Navy FREMM (European Multi-Mission Frigate) ''Luigi Rizzo'' has arrived in Limassol where she will spend a port visit for the next days, the Embassy of Italy in Cyprus announced....
https://knews.kathimerini.com.cy/en/news/uss-sulliavan
The Arleigh Burke-class guided-missile destroyer USS The Sullivans (DDG 68) has arrived at Larnaca Port, marking a brief yet meaningful stopover in Cyprus before redeploying in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/news/debate-intensifies-over-proposed-5-tax-on-bank-profits-in-cyprus
According to a report by Panayiotis Rougalas in today's 'Oikonomiki', a controversial proposal to introduce a 5% tax on bank profits in Cyprus is racing against time to be debated in Parliament before the Christmas recess....
https://knews.kathimerini.com.cy/en/business/green-line-regulation-boosts-trade-but-challenges-remain
The Green Line Regulation, which defines the legal framework for the movement of goods, people, and services between the government-controlled areas and the northern Turkish-occupied areas of Cyprus, remains a vital tool for the country’s reunification,...
https://knews.kathimerini.com.cy/en/business/cybersecurity-and-ict-risks-emerge-as-leading-drivers-of-operational-risk
Geopolitical tensions have significantly increased operational risks, particularly in the areas of cyber and digital threats, as well as risks related to money laundering and sanctions compliance....
https://knews.kathimerini.com.cy/en/news/cyprus-strengthens-military-strategy-with-focus-on-us-armaments
Cyprus has been making strategic shifts in its military and diplomatic approach, particularly with regard to its relationship with NATO and its defense infrastructure, according to an article by Apostolos Tomaras in this Sunday's Kathimerini. ...
https://knews.kathimerini.com.cy/en/news/uss-bulkeley-makes-thanksgiving-stop-in-cyprus
The USS Bulkeley (DDG-84), an Arleigh Burke-class guided-missile destroyer, has docked in Cyprus for a Thanksgiving liberty call....
https://knews.kathimerini.com.cy/en/news/cyprus-and-greece-forge-closer-ties-in-historic-meeting
President Nikos Christodoulides described the second intergovernmental meeting between Cyprus and Greece as a historic milestone. For the first time, 14 Greek Cabinet ministers joined their Cypriot counterparts in Nicosia, reflecting the deepening collaboration between the two nations....
https://knews.kathimerini.com.cy/en/business/cyprus-receives-major-credit-rating-boost-from-moody-s
Last Friday, Moody’s delivered a major endorsement of Cyprus’ economic progress, upgrading its credit rating by two notches, from Baa2 to A3, with a stable outlook, according to a report by Panayiotis Rougalas. ...
https://knews.kathimerini.com.cy/en/news/israel-hezbollah-ceasefire-now-in-effect-after-13-months-of-conflict
A ceasefire between Israel and Hezbollah took effect early Wednesday, starting at 4 a.m. local time (2 a.m. UK time). ...
https://knews.kathimerini.com.cy/en/business/200-foreign-companies-and-1-200-new-jobs-in-cyprus-in-six-months
Cyprus is experiencing a surge in foreign investment, with approximately 200 international companies establishing operations in the country during the first half of the year. ...
https://knews.kathimerini.com.cy/en/news/schinas-slams-two-state-solution-as-delusion-with-no-european-support
In a speech before the European Parliament, outgoing European Commission Vice President Margaritis Schinas delivered a firm message regarding the Cyprus problem, emphasizing that any hopes of resolving the issue through a two-state solution are misguided....
https://knews.kathimerini.com.cy/en/news/government-faces-labor-strikes-as-key-sectors-demand-action
Cyprus is grappling with escalating labor unrest in its most crucial industries, as healthcare, construction, and tourism workers push for long-standing demands. ...
https://knews.kathimerini.com.cy/en/comment/opinion/geoeconomic-tensions-and-cyprus-staying-the-course-amid-challenges-ahead
Geoeconomic fragmentation, the reversal of progress towards global economic and financial integration due to political and military conflict and strategic policy decisions, is rising....
https://knews.kathimerini.com.cy/en/news/israeli-embassy-slams-icc-s-arrest-warrants-for-netanyahu-and-gallant
In a strong rebuttal to the International Criminal Court's (ICC) recent arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant, the Israeli Embassy in Cyprus accused the court of undermining its own credibility and legitimacy....
https://knews.kathimerini.com.cy/en/news/uk-and-us-ambassadors-highlight-cyprus-growing-role-in-regional-affairs
The British High Commissioner Designate to Cyprus, Michael Tatham, and US Ambassador Julie Fisher underscored Cyprus’ importance in the region during the Economist’s 20th Annual Cyprus Summit on Thursday....
https://knews.kathimerini.com.cy/en/news/cyprus-reunification-off-the-table-says-former-u-s-ambassador-warns-europe-not-to-rely-on-u-s
A statesman, a diplomat, and a patriot, John Koenig is the epitome of dedication to service and diplomacy. With a career spanning over three decades, he has served in pivotal roles across the globe, from his time as U.S. Ambassador to Cyprus from 2012 to 2015 to his earlier postings in Belgium, Greece, Indonesia, Italy, and the Philippines.
...
https://knews.kathimerini.com.cy/en/news/dbrs-morningstar-cyprus-shows-strong-recovery-in-tackling-bad-loans
Cyprus is starting to see some positive shifts in its financial sector, particularly when it comes to tackling non-performing loans (NPLs) – loans that borrowers have stopped paying. ...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-reports-€401-million-profit-surge
In the latest financial report, Bank of Cyprus has reported a solid profit of €401 million for the first nine months of 2024—a 15% jump from last year’s €349 million. ...
https://knews.kathimerini.com.cy/en/news/boc-finalizes-sale-of-troubled-loans-to-boost-stability-and-growth
In September 2024, the Bank of Cyprus reached a deal with funds linked to Cerberus Global Investments B.V. to sell a portfolio of non-performing loans—primarily business loans backed by collateral. ...
https://knews.kathimerini.com.cy/en/business/cyprus-gdp-and-living-standards-improve-but-challenges-remain
Cyprus' living standards have continued to improve, with the country's GDP per capita reaching 95% of the EU average in 2023, according to recent data from the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-drops-by-€1-18-billion-as-imports-and-exports-decline
Cyprus’ trade deficit dropped significantly by 17.4%, or €1.18 billion, in the first nine months of the year compared to the same period in 2023, according to provisional data from the Statistical Service of Cyprus (Cystat). ...
https://knews.kathimerini.com.cy/en/business/hel
Hellenic Bank and Cyprus bank workers' union ETYK have reached an agreement to fully implement their collective agreement, bringing an end to a prolonged dispute that caused uncertainty and disruption at the bank, according to a statement from ETYK....
https://knews.kathimerini.com.cy/en/news/larnaca-and-paphos-airports-to-handle-17-5-million-passengers-annually
The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......
https://knews.kathimerini.com.cy/en/news/germany-faces-uncertainty-as-scholz-fires-finance-minister
Germany’s governing coalition faces a major crisis amid economic challenges and mounting political strife, as Chancellor Olaf Scholz dismissed Finance Minister Christian Lindner and announced he will seek a parliamentary vote of confidence on January 15. If Scholz fails to secure support, Germany could see elections as early as March....
https://knews.kathimerini.com.cy/en/news/europe-braces-for-trump-s-return-as-leaders-offer-cautious-congratulations
European leaders, including French President Emmanuel Macron, have cautiously congratulated Donald Trump on his claimed U.S. election victory....
https://knews.kathimerini.com.cy/en/news/horizon-aircraft-s-unique-shape-offers-more-room-for-passengers
As global demand for air travel grows, carbon emissions from aviation have risen faster over recent decades than those from rail, road, or maritime transportation.
...
https://knews.kathimerini.com.cy/en/news/u-s-election-countdown-what-s-at-stake-for-cyprus-and-europe
With the U.S. election just a day away, the world is on edge. This isn’t just a choice between two candidates; it's about the future direction of the United States and how that might echo across the globe, including in Europe and Cyprus....
https://knews.kathimerini.com.cy/en/news/greek-american-community-in-queens-divided-as-us-election-stirs-deep-tensions
In Astoria, Queens—a long-standing Greek-American hub—the upcoming U.S. election has created deep rifts in a typically tight-knit community....
https://knews.kathimerini.com.cy/en/news/greece-watches-u-s-election-as-it-pursues-defense-autonomy
As the U.S. holds its presidential election, Greece closely monitors the outcome, knowing it will influence the country’s defense and foreign policy ties with Washington. ...
