https://knews.kathimerini.com.cy/en/news/inflation-and-new-markets-propel-spending-close-to-€3-billion-in-2023
Just before the end of last summer, economic analysts' projections for 2023 tourism revenue were nearing a record close to €3 billion. ...
https://knews.kathimerini.com.cy/en/business/the-€623-million-windfall-from-cyprus-shipping-industry
Kathimerini reporter Andreas Karamitas dives into the heartbeat of Cyprus' economy - the shipping industry. In a revealing exploration, discover how this vital sector pumped a staggering €623 million into the real economy solely through ship management in 2023. ...
https://knews.kathimerini.com.cy/en/business/cyprus-hotels-secure-2nd-spot-in-european-tourist-satisfaction
In a report in Kathimerini's Oikonomiki newspaper today by Maria Eracleous, Cypriot hotels experience the highest levels of guest satisfaction during the peak summer months of April to June, with an overall satisfaction index averaging 85% from January to November....
https://knews.kathimerini.com.cy/en/news/un-expert-accuses-israel-of-starving-palestinians
The UN's top expert on the right to food, Michael Fakhri, accuses Israel of deliberately starving Palestinians, labeling it as both war crimes and genocide....
https://knews.kathimerini.com.cy/en/news/800-divorces-annually-35-000-single-parents-and-outdated-benefits
The Human Rights Committee of the Parliament convened today, shedding light on critical issues affecting single-parent families in Cyprus....
https://knews.kathimerini.com.cy/en/business/ceos-globally-forecast-increase-in-revenues-profits-and-deal-making-in-2024-as-business-transformation-moves-up-the-agenda
CEOs are optimistic about their ability to drive revenue growth and profitability in 2024 despite global economic headwinds, according to the latest EY CEO Outlook Pulse survey....
https://knews.kathimerini.com.cy/en/news/government-faces-backlash-over-officials-salary-surge
In a significant move, a deal signed on July 28, 2017, not only marked the revival of the institution but also propelled the salaries of officials to new heights.
...
https://knews.kathimerini.com.cy/en/news/european-parliament-honors-navalny-amidst-food-inflation
The European Parliament will commemorate the life of Russian activist Alexei Navalny, featuring an address by his wife, Yulia Navalnaya, in its plenary session this week in Strasbourg......
https://knews.kathimerini.com.cy/en/news/usa-florida-passes-bill-banning-minors-from-social-media-platforms
In a bid to combat rising concerns over child safety, the Florida House and Senate approved a bill imposing one of the nation's strictest bans on social media use by minors under 16. ...
https://knews.kathimerini.com.cy/en/news/usa-teens-turn-to-weight-loss-drugs-amid-rising-obesity-rates
In response to escalating obesity rates among teens, some adolescents are turning to powerful weight loss medications, with the American Academy of Pediatrics endorsing their use for those aged 12 and above. ...
https://knews.kathimerini.com.cy/en/news/phone-ringing-debt-ignored-cyprus-faces-loan-repayment-hurdles
Despite efforts to reduce Non-Performing Loans (NPLs) in Cyprus, the lingering burden continues to weigh heavily on the country's economy and society....
https://knews.kathimerini.com.cy/en/news/cyprus-economy-2024-ktrends-reveals-challenges-and-successes
Delving into the latest findings from the 6th wave of ''Ktrends'' research by ''Kathimerini'' newspaper unveils a multifaceted picture of Cyprus's economic landscape in January 2024. ...
https://knews.kathimerini.com.cy/en/news/netherlands-tops-global-pension-charts
A recent analysis by the Mercer CFA Institute has identified European nations as leaders in global pension systems. The Netherlands secures the top spot in the rankings, with Iceland and Denmark following closely behind....
https://knews.kathimerini.com.cy/en/news/ultrasound-sparks-sperm-speed-boost-for-ivf-success
A recent study conducted by researchers from Monash University in Melbourne suggests that sluggish sperm could be encouraged to swim faster......
https://knews.kathimerini.com.cy/en/news/lawmakers-debate-landmark-same-sex-marriage-bill
In an ironic twist, Greek lawmakers began a heated debate on Valentine's Day over a landmark bill proposing the legalization of same-sex marriage. If approved, Greece would become the first Orthodox Christian country to legalize such unions....
https://knews.kathimerini.com.cy/en/news/pediatric-cancer-cases-on-the-rise-in-cyprus
Annually, approximately 42 new cases of cancer or leukemia afflict children and teenagers under the age of 19 in Cyprus, according to insights shared by Clinical Professor of Pediatrics,...
https://knews.kathimerini.com.cy/en/news/housing-costs-rise-apartments-jump-11-1-in-2024
House and apartment rents went up 8% and 11.1%, respectively, over the year in the fourth quarter of 2024, according to the Ask Wire Index. At the same period, house and apartment values rose 3% and 8.8% respectively over the year....
https://knews.kathimerini.com.cy/en/business/porsche-unleashes-powerhouse-taycan-with-enhanced-performance
Higher, faster, further and coming to Porsche Centres in the spring of 2024....
https://knews.kathimerini.com.cy/en/news/king-charles-s-cancer-diagnosis-spotlights-nhs-struggles-with-record-waiting-times
In the wake of King Charles's recent cancer diagnosis, concerns over the National Health Service (NHS) have surged as data reveals hundreds of thousands of UK cancer patients resorting to private treatment due to extended NHS waiting times....
https://knews.kathimerini.com.cy/en/news/european-central-bank-considers-rate-cut-spanish-governor-suggests
The European citizens should know that that the European Central Bank’s next move will be a rate cut, Governor of the Bank of Spain and ECB Governing Council member......
https://knews.kathimerini.com.cy/en/comment/opinion/calls-for-increased-electricity-rates-raises-eyebrows
The recent plea by the Electricity Authority of Cyprus (EAC) for significant electricity rate increases has raised eyebrows, especially as the possibility of bearing additional costs for the Vasiliko terminal looms. Does the parliament even exist? Is there a state? If so, let them finally play their part. Enough already!...
https://knews.kathimerini.com.cy/en/news/biden-praises-job-growth-declares-us-economy-strongest-in-the-world
President Joe Biden lauded the robust jobs report released on Friday, touting it as evidence of the United States possessing the world's strongest economy....
https://knews.kathimerini.com.cy/en/news/nicosia-s-boutique-hotel-scene-flourishes-amid-tourism-surge
Seeking accommodation in a hotel in Nicosia for February, the search yields 22 options. Narrowing the search by distance from the city center results in fewer choices, yet still satisfactory. Twelve boutique units, primarily small boutique hotels, emerge from the search on booking.com....
https://knews.kathimerini.com.cy/en/news/interest-rates-extended-borrowers-face-dilemma
Last Thursday, the European Central Bank (ECB) opted to maintain interest rates, extending the uncertainty for borrowers regarding their loans and repayments....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-gears-up-for-investment-talks-in-new-york
Bank of Cyprus has packed its bags for New York as it gears up to meet with the investment community at the Athens Stock Exchange's conference in collaboration with JPMorgan on the 25th of this month.
...
https://knews.kathimerini.com.cy/en/business/deal-in-the-works-for-cnp-cyprus
The subsidiary of the French insurance giant CNP Assurances, CNP Cyprus Insurance Holdings, is currently in discussions for a potential change in ownership. ...
https://knews.kathimerini.com.cy/en/business/businesses-fear-global-tax-reform-will-lead-to-double-taxation
Global tax reform, ineffective use of technology and economic uncertainty are putting significant strain on business’ transfer pricing (TP) capabilities, according to the 2024 EY International Tax and Transfer Pricing Survey....
https://knews.kathimerini.com.cy/en/comment/opinion/mythologizing-nikos-koshis
The portrayal of Nikos Koshis as a role model for combating organized crime, being showcased on various TV stations whenever crime rates surge, has consistently caused me significant embarrassment....
https://knews.kathimerini.com.cy/en/news/women-say-no-to-more-babies-despite-chinese-government-urges
Amid a national emergency, China's Communist Party strives to increase birth rates with incentives like cheaper housing and tax benefits....
https://knews.kathimerini.com.cy/en/news/cyprus-ranks-fourth-in-eu-for-cars-per-capita-exceeding-average
In 2022, Cyprus ranked as the country with the fourth-highest number of passenger cars per population, boasting 658 cars per 1000 inhabitants, significantly surpassing the EU average of 560 vehicles per 1000 inhabitants, according to Eurostat, the statistical service of the European Union....
