https://knews.kathimerini.com.cy/en/news/the-demand-for-new-homes-is-dwindling
The large investments and development projects mentioned by Minister of Transport and Works Yannis Karousos in his ministry's recent project presentation may have kept the construction and real estate sector afloat until 2022, but the industry still faces challenges....
https://knews.kathimerini.com.cy/en/news/father-who-shook-preemie-gets-five-years
A father in Cyprus was sentenced to five years in prison after a criminal court found him guilty in the death of his preemie, following his own admission to police that he shook the newborn to make the baby stop crying...
https://knews.kathimerini.com.cy/en/news/ec-€5-million-in-scholarships-for-turkish-cypriot-community
The European Commission has announced the launch of the EU Scholarship Programme for the Turkish Cypriot community for the academic year 2023/24, with a budget of €5 million from the Aid Programme for the Turkish Cypriot community....
https://knews.kathimerini.com.cy/en/business/banks-are-revising-lending-rates
Cypriot banks are preparing new loan rates in an effort to redesign the pricing of loans. In the first half of 2023, Cypriot banks will see significant changes in the pricing of new loans, accompanied by increases in interest rates, ...
https://knews.kathimerini.com.cy/en/news/cyprus-signs-who-office-agreement-this-week
The agreement on establishing the World Health Organization Country Office in Cyprus will be signed on Friday between the Minister of Health, Michalis Hadjipantela, and WHO Regional Director, Dr Hans Kluge...
https://knews.kathimerini.com.cy/en/news/more-people-choose-bankruptcy-to-get-a-second-chance
Bankruptcy applications, based on Law 4818/2021, are coming thick and fast from individuals with or without commercial activity, as they are unable to repay their debts to banks and insurance funds....
https://knews.kathimerini.com.cy/en/news/rare-green-comet-revisits-earth-after-50-000-years
A rare green comet, a unique traveler, is revisiting our solar system these days after 50,000 earth years when people still lived in caves....
https://knews.kathimerini.com.cy/en/news/california-reeling-over-back-to-back-mass-shootings
Just two days after a gunman killed 11 people at a Los Angeles-area dance studio, seven more victims were shot dead in an agricultural area near San Francisco, as California suffered one of its bloodiest spates of mass gun violence in decades....
https://knews.kathimerini.com.cy/en/business/no-more-fridays-4-day-work-week-on-the-rise
The results are in: It's time for your company to stop working on Fridays (or Mondays)....
https://knews.kathimerini.com.cy/en/business/more-tourists-embarking-on-sustainable-travel-this-year
A new report from the World Travel and Tourism Council (WTTC) and the Trip.com Group has revealed that 69 percent of travelers are actively seeking sustainable travel options for 2023....
https://knews.kathimerini.com.cy/en/business/foreign-trade-increased-significantly-in-first-ten-months-of-the-2022
Cyprus' foreign trade registered a significant increase in the first ten months of 2022, according to data released on Monday by the Statistical Service of Cyprus. The trade deficit also increased due to the great increase in imports....
https://knews.kathimerini.com.cy/en/business/herodotou-calls-for-increased-vigilance-to-avert-private-debt-defaults
Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) called for the preservation of fiscal space, as the economic prospects are deteriorating due to Russia’s war in Ukraine....
https://knews.kathimerini.com.cy/en/business/tech-companies-calling-for-employee-naturalizations-after-5-years
Following the 2023 Presidential Elections and the resumption of the meetings of the House of Representatives, ICT companies will begin "pushing" for the right to apply for naturalization after 5 years of residence and work in the Republic of Cyprus,...
https://knews.kathimerini.com.cy/en/news/first-group-of-asylum-seekers-relocated-to-germany-from-cyprus
Repatriation flights from Cyprus to Germany and France began at the end of December as part of the EU's support policy for Nicosia in the refugee crisis. ...
https://knews.kathimerini.com.cy/en/news/cyprus-aims-for-higher-targets-in-green-energy
In 2022, renewable energy sources now make up a larger percentage of total energy consumption. ...
https://knews.kathimerini.com.cy/en/news/gesy-reforms-and-upgrades-continue-despite-challenges
Health Insurance Organization says 2022 was a positive year, upgrading of services and reforms, the main challenge...
https://knews.kathimerini.com.cy/en/business/construction-materials-at-their-highest-costs-in-2022
Construction material prices historically reached their highest level in 2022, surpassing the previous record set in 2021, with prices increasing by more than 11% year on year in December alone....
https://knews.kathimerini.com.cy/en/business/1-michael-kyprianou-co-llc-–-new-partner-announcement-constantina-zantira
New partner announcement: Constantina Zantira...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-vulnerabilities-remain-despite-progress-says-ssm
Cypriot banks have made progress, according to a report by the Single Supervisory Mechanism (SSM), but there are still many issues. ...
https://knews.kathimerini.com.cy/en/news/cyprus-talks-up-imminent-chevron-announcement
Cypriot Energy Minister Natasa Pilides is waging a battle to ensure Chevron’s reluctant development concept for Aphrodite will stick to plan, but cost-cutting ideas, merger wars, and maritime issues continue to blur options backed by an administration on its last leg...
https://knews.kathimerini.com.cy/en/news/china-s-population-shrinks-for-first-time-in-60-years
China's population fell last year for the first time in six decades, a historic turn that is expected to mark the start of a long period of decline in its citizen numbers with profound implications for its economy and the world....
https://knews.kathimerini.com.cy/en/business/cyprus-welcomed-3-2-million-tourists-in-2022
For the period of January – December 2022, arrivals of tourists totaled 3,201,080, compared to 1,936,931 in the corresponding period of 2021, 631,609 in 2020 and 3,976,777 arrivals in the same period of 2019, announced the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/business/pwc-survey-seven-out-of-ten-ceos-are-pessimistic-about-2023
According to the 26th Annual Global CEO Survey conducted by PwC between October and November 2022, nearly three-quarters (73%) of respondents expect global economic growth to slow over the next 12 months....
https://knews.kathimerini.com.cy/en/news/limassol-meat-worth-more-than-50-000-euros-stolen
Limassol CID has arrested a 47-year-old man suspected of breaking into a meat warehouse and stealing goods worth more than 50,000 euros between 2022 and 2023 in Limassol....
https://knews.kathimerini.com.cy/en/news/brothers-facing-us-extradition-walk-free-in-cyprus
The Supreme Court in the Republic of Cyprus has ordered the release of five suspects, including two Greek Cypriot brothers, who are wanted by US authorities in connection with an investigation into investment fraud...
https://knews.kathimerini.com.cy/en/business/nearly-€6-billion-in-real-estate-transactions-in-2022
The value of real estate sold during 2022 is approaching €6 billion, according to the comparative real estate sales of the Department of Lands and Surveys as processed and presented in the quarterly "Real Estate Market Bulletin" of Cyprus Real Estate Registration Council....
https://knews.kathimerini.com.cy/en/business/1-january-newsletter-of-k-treppides-co-ltd
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/social-media-campaigning-is-dominating-this-year-s-electoral-race
If this election differs from previous ones in any way, it is because the lion's share of the advertising pie has shifted to digital media, particularly social media, with Facebook and Instagram dominating in terms of the amount of advertising content given to them....
https://knews.kathimerini.com.cy/en/news/more-job-vacancies-reported-than-registered-unemployed
The number of job vacancies reported by hotels for the year 2022 was almost three times the monthly average of the number of registered unemployed persons, Labour and Social Insurance Minister Kyriakos Koushos said at a conference on the "Staff shortage in the field of hospitality"....
https://knews.kathimerini.com.cy/en/business/tesla-drastically-lowers-ev-pricing-in-the-us-and-europe
After steadily increasing prices over the past couple of years, Tesla has cut them drastically across its lineup in the US and Europe, in an apparent bid to boost sales. ...
