https://knews.kathimerini.com.cy/en/news/cameras-cut-road-deaths-by-18-in-two-years
The two-year operation of the photo-labeling system, initiated on 1/1/2022 with four mobile and four fixed cameras, has witnessed a remarkable success in enhancing road safety....
https://knews.kathimerini.com.cy/en/business/japanese-shipping-giants-halt-red-sea-routes-amid-rising-security-concerns
In a significant development, Japan's three major shipping companies, Nippon Yusen, Kawasaki Kisen Kaisha, and Mitsui O.S.K Lines, have suspended navigation through the Red Sea due to ongoing Houthi rebel attacks on vessels....
https://knews.kathimerini.com.cy/en/news/cyprus-witnesses-356-bounced-cheques-yet-a-€1-7m-surge
In a recent disclosure, the Cyprus Central Bank unveiled a decrease in the issuance of uncovered checks during 2023, reporting a total of 356 compared to the previous year's 473.
...
https://knews.kathimerini.com.cy/en/news/1-cyprus-dominates-eu-exports-in-november
Cyprus recorded the highest annual increase in exports among the member states of the EU in November 2023 compared to November 2022......
https://knews.kathimerini.com.cy/en/business/ey-cyprus-releases-the-cyprus-tax-facts-guide-2024
EY Cyprus is delighted to announce the release of the latest edition of the Cyprus Tax Facts guide for the year 2024....
https://knews.kathimerini.com.cy/en/news/us-pushes-for-palestinian-state-amidst-ongoing-gaza-crisis
Secretary of State Antony Blinken engaged in talks with President Mahmoud Abbas, highlighting U.S. efforts to support postwar plans for Gaza, emphasizing concrete steps toward a Palestinian state....
https://knews.kathimerini.com.cy/en/news/americans-return-home-in-surprise-venezuela-swap
In a significant diplomatic development, Americans, previously considered wrongfully detained in Venezuela, have touched down at a U.S. military base in San Antonio, Texas. ...
https://knews.kathimerini.com.cy/en/news/2024-budget-gets-green-light-–-inside-scoop-on-state-wage-proposals
The 2024 budget was passed into law relatively comfortably, with a total of 37 MPs voting for it, while 19 were opposed. ...
https://knews.kathimerini.com.cy/en/news/parliament-approves-measures-for-npls-and-foreclosures-framework
Cyprus' Finance Ministry has expressed satisfaction with the parliament's approval of laws integral to the comprehensive package for managing Non-Performing Loans (NPLs) and the foreclosure framework....
https://knews.kathimerini.com.cy/en/business/1-astrobank-residential-and-commercial-properties-for-sale
AstroBank is selling residential and commercial properties in various areas of Cyprus such as Larnaca, Paphos and Nicosia....
https://knews.kathimerini.com.cy/en/news/critical-battle-looms-as-parliament-debates-foreclosure-legislation
Background consultations are in progress to prepare amendments to the legislative package on divestments, set for submission to the Parliament Plenary on Friday for a vote....
https://knews.kathimerini.com.cy/en/business/cyprus-airways-connects-the-island-to-the-heart-of-europe
Cyprus Airways announced today that it will be commencing twice weekly services, every Monday and Thursday, between Larnaca and Brussels International Airport, on the 5th of February. These will be increased to three weekly flights as from Summer 2024....
https://knews.kathimerini.com.cy/en/news/foreclosure-showdown-escalates-with-parliament-vote
The Greek government is set to present legislation in Parliament this Friday addressing borrower protection in relation to foreclosures....
https://knews.kathimerini.com.cy/en/business/digital-more-luxurious-more-efficient-the-new-panamera
Porsche revamps the Panamera: the third generation of the sporting luxury sedan is characterised by a wider range of digital features, a fresh and expressive design and a broader spectrum between dynamic performance and driving comfort. ...
https://knews.kathimerini.com.cy/en/business/residential-properties-for-sale-by-astrobank
AstroBank is selling residential properties as well as a shop in various areas of Cyprus such as Larnaca, Paphos, Nicosia and Famagusta....
https://knews.kathimerini.com.cy/en/news/government-achieves-historic-50-drop-in-asylum-applications
There is a 50% reduction in the period March-October 2023 in new asylum applications compared to the 2022 corresponding period, the Interior Ministry said on Tuesday, noting at the same time that for the first time, the overall balance of arrivals-returns presents a positive picture, and Cyprus is now ranking in the first places among European states in absolute numbers of returns....
https://knews.kathimerini.com.cy/en/news/kedipes-introduces-rent-to-own-scheme-for-vulnerable-households
Starting December 4, the government, in collaboration with KEDIPES, opens applications for the innovative "rent for hire-purchase" scheme. This initiative aims to fully settle loans secured on the main residences of vulnerable households, offering a lifeline to those facing financial challenges....
https://knews.kathimerini.com.cy/en/news/banks-eye-over-1-billion-euro-profits-in-2023
Cypriot banks, including the Greek bank, are poised to rake in substantial profits for 2023, benefitting from the European Central Bank's interest rate hikes....
https://knews.kathimerini.com.cy/en/news/limassol-s-lambousa-reimagined-in-digital-splendor
In 1955, the Lambousa set sail from Perama, Piraeus, Greece, eventually becoming a symbol of Cyprus' fishing tradition....
https://knews.kathimerini.com.cy/en/news/creditors-dispute-foreclosure-laws-and-strategic-defaults
Creditors reluctantly agree to extend the freeze on main residence foreclosures up to €350k, but tensions arise over proposed legislative changes....
https://knews.kathimerini.com.cy/en/business/astrobank-residential-and-commercial-properties-for-sale
AstroBank is selling commercial and residential properties in various areas of Cyprus such as Paphos, Nicosia, Limassol and Larnaca....
https://knews.kathimerini.com.cy/en/news/hiv-patients-denied-care-forced-to-halt-medication
In 2023, although HIV is no longer contagious, HIV-positive patients in Cyprus continue to face marginalization and social exclusion when taking medication....
https://knews.kathimerini.com.cy/en/comment/opinion/traffic-woes-make-nicosia-s-core-the-key-to-urban-transformation
Traffic is one of the most pressing issues that need resolution. While all cities face similar problems, Nicosia leads the pack. Focusing on Nicosia, the state's main effort is concentrated on developing the regional road network—an effort I not only agree with but advocate for intensifying. ...
https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-swells-as-imports-surge-in-2023
Cyprus faces a growing trade deficit, reaching €6,490.8 million in January-September 2023, a €685.1 million increase from the same period in 2022, reports the Statistical Service of Cyprus. Total imports surged by 12.7% to €9,756.5 million, with exports rising by 14.6% to €3,265.7 million during the same period....
https://knews.kathimerini.com.cy/en/business/1-residential-and-agricultural-land-for-sale-by-astrobank
AstroBank is selling agricultural and residential land in various areas of Cyprus such as Famagusta, Larnaca, Paphos, and Nicosia....
https://knews.kathimerini.com.cy/en/news/will-foreclosures-plague-2023
There is a race against time, with only a few weeks left to address the issue of foreclosures and enhance the framework....
https://knews.kathimerini.com.cy/en/news/producers-and-importers-join-forces-to-tackle-tobacco-product-waste
Producers and importers of tobacco products with filters have embarked on a significant environmental initiative, aligning themselves with the European Directive 2019/904/EU....
https://knews.kathimerini.com.cy/en/news/no-foreclosures-on-first-homes-until-the-end-of-2023
In a development concerning foreclosures, four months after the summer 2023 decisions, the data remains unchanged. Banks and credit redemption companies have been urged to provide a two-month grace period for first homes and properties up to 350 thousand euros. ...
https://knews.kathimerini.com.cy/en/news/freeze-on-home-foreclosures-likely-to-continue
As the year comes to a close, it seems likely that the freeze on foreclosures of primary homes valued up to €350k will be extended....
https://knews.kathimerini.com.cy/en/news/don-t-travel-to-lebanon-says-foreign-ministry
Cyprus’ Foreign Ministry advises Cypriot nationals with an updated travel advice, as of 29th October 2023, to avoid all travel to Lebanon....
