https://knews.kathimerini.com.cy/en/news/2024-eu-shake-up-includes-higher-schengen-visa-fees-stricter-border-checks-and-key-new-citizenship-rules
In 2024, the European Union implemented several significant changes impacting the Schengen Area and EU citizenship rules....
https://knews.kathimerini.com.cy/en/business/greek-investor-set-to-acquire-superhome-center-in-cyprus
The sale of Superhome Center DIY LTD to a Greek investor is moving forward, with the final deal expected to be concluded in the coming weeks....
https://knews.kathimerini.com.cy/en/life/finland-s-schools-lead-the-charge-against-fake-news-starting-young
In Finland, teaching children how to spot fake news begins as early as preschool, and by the time students reach middle school, they’re adept at analyzing media with a critical eye. ...
https://knews.kathimerini.com.cy/en/news/francois-bayrou-appointed-france-s-new-prime-minister
In a move aimed at stabilizing France's fractured political landscape, President Emmanuel Macron has appointed François Bayrou as the new Prime Minister, the Elysée announced on Friday. ...
https://knews.kathimerini.com.cy/en/business/moody-s-nick-hill-on-financial-risks-and-opportunities-for-2025
In an insightful conversation with Kathimerini's Panayiotis Rougalas, Nick Hill discusses the key macroeconomic risks and opportunities facing the region in 2025....
https://knews.kathimerini.com.cy/en/business/geopolitical-pressures-threaten-2025-recovery
Speaking at the 20th Economist Conference in Nicosia, Nick Hill highlighted the macroeconomic and geopolitical challenges shaping the global financial environment....
https://knews.kathimerini.com.cy/en/news/ministry-mulls-subsidies-for-vulnerable-boat-owners-amid-marina-fee-dispute
The Ministry of Transport, Communications, and Works is considering subsidies for "vulnerable" boat owners, sparking a mix of curiosity and skepticism over who qualifies as "vulnerable" in this context....
https://knews.kathimerini.com.cy/en/comment/opinion/why-the-nato-debate-is-still-a-divisive-issue-in-cyprus
The NATO debate in Cyprus has always been polarizing. Unlike the real debate on membership in the North Atlantic Alliance—which requires preconditions and an invitation, not just an "application"—...
https://knews.kathimerini.com.cy/en/news/fed-cuts-rates-by-0-25-economic-activity-expands-steadily
The Federal Reserve on Thursday cut interest rates by 0.25 percentage points for the second consecutive meeting, bringing the target range to 4.50% to 4.75%, as expected. The decision was unanimous....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-real-estate-market-falters-as-october-sales-drop-6
With just two months left in the year, October has shown that, despite some resilience, the market remains unable to inspire optimism. Economic indicators for the average household have not sparked an uptick in investment interest, and the ongoing geopolitical instability is growing....
https://knews.kathimerini.com.cy/en/news/global-debt-to-exceed-$100-trillion-this-year
Global public debt is nearing the size of the world economy, posing risks to living standards in developed nations, the International Monetary Fund (IMF) warned....
https://knews.kathimerini.com.cy/en/news/cyprus-leaders-to-discuss-new-border-crossings-after-un-backed-dinner
Cyprus’ rival leaders have agreed to continue informal talks in an expanded format involving the three guarantor powers, the U.N. announced after a meeting hosted by Secretary-General Antonio Guterres....
https://knews.kathimerini.com.cy/en/news/cyprus-president-meets-uk-s-starmer-to-push-for-peace-talks
Cyprus President Nikos Christodoulides is set to meet British Prime Minister Keir Starmer at Downing Street today, where the two leaders will address several critical topics, including efforts to resume negotiations on the Cyprus issue, regional developments, and strengthening bilateral relations....
https://knews.kathimerini.com.cy/en/news/cyprus-increases-funds-for-animal-welfare-groups
President Nikos Christodoulides, marking World Animal Day on Oct. 4, announced the expansion of the mandate of Environment Commissioner Dr. Antonia Theodosiou to include animal welfare.
...
https://knews.kathimerini.com.cy/en/business/tighter-lending-rules-for-businesses-while-household-loans-remain-steady
Cypriot banks made it harder for businesses to get loans in the second quarter of 2024, while lending rules for households stayed the same, according to a new survey by the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/business/bank-of-england-cuts-interest-rates-after-nearly-a-year-of-stability
The Bank of England (BoE) has cut interest rates for the first time since the start of the COVID-19 pandemic, dropping them from a 16-year high. This decision, made by a narrow 5-4 vote, reflects a split among policymakers about whether inflation is under control....
https://knews.kathimerini.com.cy/en/news/anastasiades-speaks-out-on-cyprus-solution-corruption-and-political-ties
In one of his most candid interviews to date, former President Nicos Anastasiades discussed the Cyprus problem and the talks held in Crans-Montana with Marina Economides in "K". ...
https://knews.kathimerini.com.cy/en/news/ecb-keeps-interest-rates-steady-amid-mixed-inflation-signals
The European Central Bank decided today to keep its key interest rates unchanged, as anticipated. This means the rates for main refinancing operations, marginal financing, and deposit facilities remain steady at 4.25%, 4.50%, and 3.75%, respectively....
https://knews.kathimerini.com.cy/en/news/mykonos-tourism-decline-linked-to-high-costs
International air traffic to Mykonos is on a downward trajectory for another year, according to plans for available seats that airlines have for this summer so far....
https://knews.kathimerini.com.cy/en/news/un-report-flags-rising-tensions-in-cyprus-buffer-zone
A new UN report by Secretary-General Antonio Guterres raises serious concerns about rising tensions in Cyprus, where actions by Greek Cypriot and Turkish Cypriot forces are undermining the authority of the United Nations Peacekeeping Force in Cyprus (UNFICYP)....
https://knews.kathimerini.com.cy/en/news/government-halts-heavy-industry-in-vasilikos
The Cypriot government has granted a long-standing request from the Vasilikos area's coordinating committee, prohibiting further heavy industry licensing in the region....
https://knews.kathimerini.com.cy/en/news/parliament-reduces-traffic-light-violation-fines
Parliament unanimously passed a law reducing some out-of-court fines for traffic light violations, a measure largely prompted by the widespread use of photoelectric cameras in cities....
https://knews.kathimerini.com.cy/en/news/153-000-people-struggle-with-low-incomes-and-high-living-costs
The share of Cyprus' population at risk of poverty or social exclusion remained steady at 16.7% in 2023, according to the Statistical Service of Cyprus (Cystat). This means that approximately 153,000 people in Cyprus are struggling with low incomes and high living costs....
https://knews.kathimerini.com.cy/en/news/turkey-greece-relations-could-improve-but-cyprus-policy-stays-the-same
Turkish Cypriot leader Ersin Tatar emphasized that while relations between Turkey and Greece have the potential to bring mutual benefits, Turkey’s policy on Cyprus remains unchanged. ...
https://knews.kathimerini.com.cy/en/business/resilient-ceos-embrace-ai-plan-for-sustainable-futures
Two in three CEOs optimistic about revenue and profit growth despite a challenging economic environment....
https://knews.kathimerini.com.cy/en/news/kition-ocean-holdings-accused-of-delaying-larnaca-port-upgrade
Stagnation has been observed on the government and company front regarding the redevelopment of the port and marina in Larnaca....
https://knews.kathimerini.com.cy/en/news/cypriot-banks-set-to-exceed-2023-s-record-profits-in-2024
Cypriot banks are maintaining a low profile, but it's expected that 2024 will bring in higher profits compared to the record-breaking figures of 2023. ...
https://knews.kathimerini.com.cy/en/news/court-rules-strangulation-not-suicide-in-thanasis-case
In a dramatic turn of events, the Limassol District Court concluded the third investigation into the death of Thanasis Nikolaou, ruling that he died from strangulation. Nikolaou, whose body was found under the Alassa bridge on September 29, 2005, was previously deemed to have died by suicide....
https://knews.kathimerini.com.cy/en/news/ecb-maintains-€6-76-billion-worth-of-cypriot-government-bonds
The value of Cypriot government bonds held by the European Central Bank remained steady at €6.76 billion by the end of April. This is part of the ECB's efforts to scale back its holdings and control inflation....
https://knews.kathimerini.com.cy/en/business/cyprus-unemployment-falls-to-6-similar-to-eu-average
Unemployment in Cyprus dipped to 6% in March, aligning with the EU average and staying below the eurozone average of 6.5%, as per data disclosed by Eurostat, the EU's statistical office, on Friday....
