https://knews.kathimerini.com.cy/en/news/february-s-financial-flaws-expose-16-bad-checks-€19-388-lost
In February 2024, a total of 16 bad cheques, amounting to €19,388, were issued, with 9 individuals (7 legal entities and 2 individuals) being listed in the preliminary registry of the Central Information Register (CIR) for dishonoured cheques....
https://knews.kathimerini.com.cy/en/news/athens-teen-prostitution-sting-online-chats-result-in-arrests
Online conversations revealed by Kathimerini shed light on the ongoing investigation into the alleged prostitution racket involving girls aged 14 to 18 in Athens....
https://knews.kathimerini.com.cy/en/business/cyprus-sets-sights-on-us-tourists-with-digital-campaign
Cyprus is gearing up to launch a digital campaign aimed at promoting itself as a holiday destination in the United States, with a focus on the East Coast regions of New York, Washington DC, Boston, and Philadelphia....
https://knews.kathimerini.com.cy/en/business/cyprus-embraces-global-investment-with-its-bond-market-debut
In April 2024, the Republic of Cyprus is gearing up to enter the international bond markets, intending to issue a Euro Medium Term Note (EMTN) bond worth 1 billion euros....
https://knews.kathimerini.com.cy/en/comment/opinion/what-are-they-afraid-of
Transparency is not merely a good thing; it is essential. However, with the exception of one, credit buyout companies seem unwilling to disclose their financial results, keeping them shrouded in secrecy....
https://knews.kathimerini.com.cy/en/business/tourist-arrivals-rise-by-5-in-february
Tourist arrivals in Cyprus saw a notable uptick in February 2024 compared to the same period in the previous year, according to data released by the Cyprus Statistical Service on Tuesday. The total number of arrivals reached 125,034, marking a 5% increase from February 2023's figure of 119,081....
https://knews.kathimerini.com.cy/en/news/four-apprehended-in-athens-minor-prostitution-scandal
Police in Athens have arrested four suspects and are expected to collar more as part of an ongoing investigation into a racket that allegedly prostituted girls aged between 14 and 18 years old....
https://knews.kathimerini.com.cy/en/business/cyprus-labor-costs-surge-5-4
In the 4th quarter of 2023, the hourly labour costs (total cost) increased by 5.4%, compared with the same quarter of the previous year, according to provisional data, published by the Statistical Service on Tuesday....
https://knews.kathimerini.com.cy/en/news/alleged-accomplice-arrested-in-€7-8m-money-laundering-case
Authorities in Cyprus have identified a potential accomplice in the high-profile money laundering case involving a 31-year-old Ukrainian woman. The woman,...
https://knews.kathimerini.com.cy/en/business/another-record-year-for-cablenet
For yet another year, Cablenet has achieved double-digit revenue growth. Specifically, in 2023, it reached €74.3 million compared to €63.9 million in 2022...
https://knews.kathimerini.com.cy/en/news/cyprus-paves-the-way-in-its-ambitious-road-infrastructure-agenda
In an exclusive interview with Maria Eracleous of ''K,'' Eleftherios Eleftheriou, Director of Cyprus's Public Works Department, provided updates on critical infrastructure projects across the island nation....
https://knews.kathimerini.com.cy/en/news/is-self-service-security-screening-the-wave-of-the-future
The Transportation Security Administration (TSA) is set to test a self-service screening system at Harry Reid International Airport, challenging the trend of major retailers scaling back on self-checkout options....
https://knews.kathimerini.com.cy/en/business/iconic-cosmetics-brand-shuts-down-us-operations
The Body Shop, a UK-based cosmetics company known for its natural, sustainable, and cruelty-free products, has officially ceased all operations in the United States and is set to close numerous Canadian stores as part of a bankruptcy filing....
https://knews.kathimerini.com.cy/en/news/president-plans-proposal-to-subsidize-medical-escort-expenses
President Nikos Christodoulides announced plans to present a proposal on Wednesday to subsidize travel, accommodation, and food expenses for patient escorts abroad....
https://knews.kathimerini.com.cy/en/news/gesy-€1-58b-revenue-€500m-reserve-stable-until-2031
The Health Insurance Organisation (OAY) has disclosed that its revenue from contributions to the General Health System (GeSY) reached €1.58 billion in 2023,...
https://knews.kathimerini.com.cy/en/comment/opinion/christodoulides-talk-of-inclusion-did-actions-match-his-words
Last week, President Christodoulides attempted to address the declining popularity he faced after a year of governance marked by individual crises and a premature reshuffle. ...
https://knews.kathimerini.com.cy/en/news/cyprus-sees-45-rise-in-vehicle-registrations
Vehicle registrations increased by 45.0% in January-February 2024, according to the Statistical Service of Cyprus report "Registration of Motor Vehicles" for the period January-February 2024....
https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-reports-€199-4m-profits-in-2023
Eurobank Cyprus unveiled its financial results for 2023, boasting a profit of €199.4 million, marking a significant increase of €105.1 million or 111% compared to 2022.
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https://knews.kathimerini.com.cy/en/news/unemployment-rate-drops-while-inflation-inches-up
The latest data from the Cyprus Statistical Service reveals a positive shift in the country's economic landscape, with the unemployment rate falling to 5.9% in the fourth quarter of 2023, compared to 6.9% in the same period the previous year....
https://knews.kathimerini.com.cy/en/news/saints-sergios-bacchus-church-rises-from-devastation
Out of the ruins and devastation, the small church of Saints Sergios and Bacchus, in the Karpas peninsula, east of Neta village in Turkish occupied......
https://knews.kathimerini.com.cy/en/news/pwc-slow-progress-in-gender-equality-in-the-workplace
To mark International Women’s Day 2024, PwC has released two studies, the Women in Work Index and Inclusion Matters, finding that global progress on achieving gender parity at work continues at a sluggish rate....
https://knews.kathimerini.com.cy/en/news/hotel-industry-faces-backlash-over-residence-fees
The inclusion of a residence tax within the framework of the green tax reform, affecting hotels, tourist accommodations, and Airbnb, is expected to trigger reactions within the hotel industry....
https://knews.kathimerini.com.cy/en/news/over-400-000-songbirds-killed-in-cyprus-and-sold-for-delicacy
A recent report reveals a disturbing surge in wildlife crime in Cyprus, where over 400,000 songbirds were trapped and killed last autumn....
https://knews.kathimerini.com.cy/en/news/measles-resurgence-sparks-concern-as-two-unvaccinated-cases-emerge
In a concerning development, two cases of measles have been reported in Cyprus, raising alarms among health authorities. The Director of the Pediatric Department at Makarios Hospital,...
https://knews.kathimerini.com.cy/en/news/air-china-s-athens-beijing-route-booms-with-128-capacity-increase
Air China and Athens International Airport celebrated on Tuesday the expansion of the Chinese flagcarrier’s scheduled service between Athens and Beijing as of next month, with an extra two flights per week and the use of even greater aircraft on the route....
https://knews.kathimerini.com.cy/en/news/the-shocking-reality-of-students-in-drug-cases-revealed
Evidence of student involvement in drug trafficking and use, leading to a criminal case opened by YKAN, was presented on Wednesday by YKAN's commander, Stelios Aristideou, to the House Legal Affairs Committee....
https://knews.kathimerini.com.cy/en/news/kedipes-preps-for-major-loan-sell-off-boosting-cyprus-banks
In a strategic move to streamline its assets, KEDIPES is gearing up to offload a second batch of performing loans, hot on the heels of its €58 million deal with the Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/australia-and-cyprus-embrace-renewable-energy-collaboration
In a recent interview with GOLD magazine, Fiona McKergow, the Australian High Commissioner to Cyprus, sheds light on the burgeoning connections between the two nations....
https://knews.kathimerini.com.cy/en/news/job-market-improves-and-industrial-sector-grows
In good news for Cyprus, the latest data from the Cyprus Statistical Service (CyStat) reveals a positive trend in the job market. In February 2024, the number of people registering as unemployed dropped by 13.8%...
https://knews.kathimerini.com.cy/en/news/national-guard-s-death-raises-questions-on-cyprus-justice-system
Revelations surrounding the death of National Guardsman Thanasis Nicolaou, emerging years after the incident, have sparked both sensation and concern about the functioning of the criminal justice system in Cyprus. ...
