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/cyprus-public-transport-gets-a-facelift-as-massive-infrastructure-upgrade-underway
In a significant development, a new contract signed at the Ministry of Transport on Thursday outlines extensive improvements to Cyprus' public transportation infrastructure....
https://knews.kathimerini.com.cy/en/news/nicosia-gears-up-for-quantum-nicosia-marathon-2023
On Sunday, December 10, 2023, Nicosia will host the eagerly awaited "Quantum Nicosia Marathon 2023," featuring various race categories, including the Marathon, Half Marathon, 7.7 Miles (12,400m), and 5km races (individual and corporate). ...
https://knews.kathimerini.com.cy/en/news/cyprus-leads-in-europe-with-anti-femicide-law
Cyprus encourages all States to acknowledge the existence of femicide, Permanent Representative of the Republic of Cyprus to the UN Ambassador Andreas Hadjichrysanthou has said, noting that the Cyprus Parliament has adopted a law on femicide which was the first of such piece of legislation in Europe....
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/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/comment/opinion/real-estate-boom-in-greece-and-cyprus
The real estate landscapes of Greece and Cyprus are undergoing significant transformations, with both nations showcasing promising growth and recovery. However, beneath the surface of these top-line numbers, there are underlying challenges and disparities that need to be addressed....
https://knews.kathimerini.com.cy/en/news/€5-600-in-funding-for-tourism-enterprises
In celebration of World Tourism Day, the Cyprus Chamber of Commerce and Industry reaffirms its commitment to supporting Cypriot tourism businesses on their journey toward sustainability.
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https://knews.kathimerini.com.cy/en/news/cbc-governor-herodotou-reveals-breakthrough-in-digital-finance
The Central Bank of Cyprus has completed the tender for a new digital platform for customer compliance, said CBC Governor Constantinos Herodotou, speaking at an event organized by the Association of Cyprus Electronic Money and Payment Institutions, on Thursday afternoon....
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/news/limassol-port-s-grand-eco-art-showcase-for-world-tourism-day
In celebration of World Tourism Day, DP World Limassol, in collaboration with the Deputy Ministry of Tourism, hosted a special event last week for terminal passengers. The event's primary objective was to promote sustainable practices within the shipping sector....
https://knews.kathimerini.com.cy/en/business/techisland-summit-2023-cyprus-on-the-fast-track-of-becoming-a-tech-island
TechIsland held its annual TechIsland Summit within the framework of the Reflect Festival on 20 September 2023....
https://knews.kathimerini.com.cy/en/news/are-green-products-really-green-eu-takes-a-stand
Have you ever looked at a product that claims to be carbon neutral or environmentally friendly and wondered what the heck that means, specifically? It can be a dodgy marketing practice that induces consumers into buying something that may not be anything of the sort....
https://knews.kathimerini.com.cy/en/news/nicosia-and-limassol-explore-tram-systems
Environment Commissioner Maria Panayiotou, alongside Nicosia's Mayor Konstantinos Giorkatzis, emphasized the necessity of commencing a comprehensive study for the introduction of tram systems in Nicosia and Limassol....
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/focus-on-growth-employment-control-and-surplus-in-the-2024-budget
The 2024 state budget to be tabled to the Council of Ministers for approval next week will have three key characteristics, Minister of Finance Makis Keravnos told CNA....
https://knews.kathimerini.com.cy/en/comment/opinion/a-closer-look-at-the-greek-turkish-dynamic
The public discourse is inundated with discussions for and against the evolving Greek-Turkish rapprochement. Strangely, there are few references to the Cyprus issue, which has continuously occupied Greek foreign policy since the 1950s....
https://knews.kathimerini.com.cy/en/news/the-missing-piece-in-greek-turkish-diplomacy
The public discourse has been flooded with commentaries in favor or against the ongoing efforts for a Greek-Turkish rapprochement....
https://knews.kathimerini.com.cy/en/news/christodoulides-to-confer-with-eu-commission-chief-in-nyc
Cyprus President, Nikos Christodoulides, will meet on Monday in New York with the President of the European Commission Ursula Von der Leyen who is in New York for the 78th UN General Assembly....
https://knews.kathimerini.com.cy/en/news/techisland-powers-up-digital-agenda-cyprus-summit
The Digital Agenda Cyprus Summit is delighted to announce its collaboration with "Techisland" as the primary sponsor of the "Alpha Stage" platform, whose objective is to promote startups in Cyprus and the wider region....
https://knews.kathimerini.com.cy/en/news/compensation-plans-unveiled-for-akamas-communities
Starting tomorrow, September 1, 2023, the stipulations outlined in the Akamas Local Plan will be enacted. Yesterday, Mr. Konstantinos Ioannou, the Minister of Interior, and Mr. Petros Xenophontos, the Minister of Agriculture, Rural Development and Environment,...
https://knews.kathimerini.com.cy/en/comment/opinion/the-free-parking-illusion
Imagine a city where parking is easy, convenient, and free....
https://knews.kathimerini.com.cy/en/news/hellenic-bank-reports-impressive-profit-surge-of-€160-2-million
Hellenic Bank had a really good financial run in the first half of 2023. They made a profit of €160.2 million, which is a huge jump of 203% compared to last year at the same time....
https://knews.kathimerini.com.cy/en/business/sailing-back-to-the-future-as-windwings-propel-shipping-s-green-revolution
It seems a bit silly, but merchant shipping which long ago ditched its sails for internal combustion is now switching back, but not to any sail you’ve ever seen....
https://knews.kathimerini.com.cy/en/news/new-bus-lane-to-ease-nicosia-traffic-starting-september-4th
The Ministry of Transport, Communications and Works has announced the launch of a 1.8km bus lane on the A1 motorway, operational from September 4, 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-and-lebanon-forge-a-cultural-connection
In a significant step towards enhancing cultural ties, Cyprus and Lebanon are joining hands for a two-day workshop centered around cultural heritage, diplomacy, and tourism. The event, scheduled for September 1st and 2nd, 2023, will take place in the picturesque Fikardou village....
https://knews.kathimerini.com.cy/en/comment/opinion/energy-gamble-or-gain-cyprus-big-plans-under-scrutiny
The reluctance of the European Investment Bank (EIB) to financially support a part of the project, such as the Israel-Cyprus-Greece electric cable, should strongly concern Cyprus regarding its energy plans. ...
https://knews.kathimerini.com.cy/en/news/vegan-fam-festival-2023-embrace-life-sustainably
In an eagerly anticipated announcement, the Vegan Fam Festival, hailed as Cyprus' largest eco-festival, is set to make its triumphant return for the third consecutive year. ...
https://knews.kathimerini.com.cy/en/news/sweden-shines-as-europe-s-top-eco-friendly-destination
Sweden is Europe’s most sustainable travel destination, the new Sustainable Travel Index for 2023 by Euromonitor International has shown....
https://knews.kathimerini.com.cy/en/news/cyprus-marks-49-years-since-turkey-s-dramatic-military-expansion
Today commemorates the forty-ninth anniversary of the second phase of the Turkish invasion of Cyprus. In this phase, Turkish military forces, having initially invaded the island on July 20, 1974,...