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/fire-rages-out-of-control-illegal-garbage-dump-possible-cause-pics
A fire that broke out around 12:39 on Tuesday afternoon between the communities of Psathi and Polemi in Paphos is still raging out of control, and has spread to the communities of Kourtaka,...
https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-shrinks-by-€708-million
The trade deficit in Cyprus decreased by €708 million in January-April 2024 compared to the same period in 2023, driven by a significant 18.4% drop in imports, according to the Statistical Office....
https://knews.kathimerini.com.cy/en/news/charalambos-prountzos-elected-as-nicosia-mayor-by-wide-margin
Charalambos Prountzos has been elected as the new Mayor of Nicosia by a significant margin....
https://knews.kathimerini.com.cy/en/news/cyprus-tourism-hit-by-may-slump
Banks caution against high expectations for new tourism records in Cyprus, citing a lackluster performance in May, according to a report by Panayiotis Rougalas on this Sunday's Kathimerini (9 June 2024)....
https://knews.kathimerini.com.cy/en/news/voter-turnout-reaches-38-6-by-3pm-this-afternoon
Voter turnout for the elections reached 38.6% of the registered electorate by 3 p.m. local time, Chief Returning Officer Elikkos Elia announced. This translates to 269,727 individuals casting their votes so far....
https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-bbb
Fitch Ratings has upgraded Cyprus' Long-Term Foreign Currency Issuer Default Rating from 'BBB' to 'BBB+' with a positive outlook....
https://knews.kathimerini.com.cy/en/business/passenger-traffic-up-at-larnaca-and-paphos-airports-amid-drop-in-hotel-bookings
Passenger traffic at Larnaca and Paphos airports increased by 4.26% in May 2024 compared to the same month in 2023, according to the Ministry of Transport, Communications and Works....
https://knews.kathimerini.com.cy/en/news/greek-olive-oil-producers-reject-bulk-sales-thrive-in-export-market
They knew the easy way. They could have effortlessly sent their oil in bulk to Italy....
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-could-offset-ecb-rate-cut-benefits
The European Central Bank (ECB) cut its three key interest rates by 25 basis points on Thursday, marking the first reduction after nearly two years of increases or stasis. ...
https://knews.kathimerini.com.cy/en/news/cyprus-leads-europe-in-prison-overcrowding
Cyprus leads Europe in prison overcrowding and the percentage of female inmates, according to the Council of Europe’s Annual Penal Statistics on Prison Populations (SPACE I) for 2023, released Thursday....
https://knews.kathimerini.com.cy/en/business/eurobank-s-egg-enter-grow-go-wins-top-eban-award-for-2024
egg - enter grow go, Eurobank's business accelerator, has been awarded the prestigious distinction of Best Performing New EBAN Member 2024......
https://knews.kathimerini.com.cy/en/business/unemployment-in-cyprus-hits-record-low-in-may
The downward trend in Cyprus' registered unemployment continued in May 2024, reaching historically low levels, according to data released by the Statistical Service of Cyprus on Wednesday....
https://knews.kathimerini.com.cy/en/news/new-banknotes-featuring-king-charles-released-in-the-uk
Banknotes bearing the portrait of King Charles III have been released into circulation for the first time today. ...
https://knews.kathimerini.com.cy/en/news/beyonce-s-producer-accused-of-repeated-sexual-assault
Grammy award-winning producer and songwriter The-Dream has been accused of rape and sexual battery, according to a lawsuit filed in Los Angeles...
https://knews.kathimerini.com.cy/en/business/banks-record-fewer-bounced-checks-in-may
The number of bounced checks in Cyprus saw a significant drop in May 2024 compared to the same month last year, according to data released by the Central Bank of Cyprus on Tuesday....
https://knews.kathimerini.com.cy/en/news/election-outcome-to-shape-futures-of-demetriou-and-stefanou
June 9 is a night when all election battle scenarios, based on the polls, are possible. It is quite likely that there will be a close contest between the Democratic......
https://knews.kathimerini.com.cy/en/news/mario-nava-advocates-bicommunal-energy-project-in-cyprus
A bicommunal photovoltaic power plant would increase cooperation in the energy field and build trust, Mario Nava, the Director-General of the European......
https://knews.kathimerini.com.cy/en/business/profits-soared-in-cyprus-banking-sector-in-2023
The Cyprus banking sector experienced a significant surge in profitability by the end of 2023, as indicated by key financial indicators from the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/business/the-top-25-airlines-soaring-above-the-rest
Qatar Airways has reclaimed its position as the world's best airline, according to AirlineRatings.com, after briefly slipping to second place in 2023. ...
https://knews.kathimerini.com.cy/en/news/hackers-claim-560m-ticketmaster-accounts-breached
Ticketmaster owner Live Nation confirmed "unauthorised activity" on its database after a group of hackers said they had stolen the personal details of 560 million customers.
...
https://knews.kathimerini.com.cy/en/news/fake-lawyer-extorts-€10-000-from-famagusta-restaurateur
Police have arrested a 45-year-old resident of Nicosia in connection with an ongoing money laundering investigation involving false representations....
https://knews.kathimerini.com.cy/en/news/turkey-grapples-with-stray-dog-crisis
Dogs rush over and greet Nilgul Sayar when she arrives by car to feed them in the countryside near Istanbul, one of many Turks with affection for Turkey’s estimated four million stray dogs, whose fate now lies in the government’s hands....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-non-performing-loans-drop-to-lowest-level-in-years
Total non-performing loans (NPLs) to banks have dropped below €2 billion, specifically to €1.9 billion. ...
https://knews.kathimerini.com.cy/en/news/cyprus-wins-imf-praise-for-strong-recovery
The International Monetary Fund (IMF) has praised Cyprus for its robust economic recovery and fiscal discipline, recommending continued efforts......
https://knews.kathimerini.com.cy/en/news/ecb-to-implement-first-interest-rate-cut
The European Central Bank (ECB) is poised to execute its much-anticipated rate cut, scheduled to take effect on Thursday, June 6, 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-ship-management-revenue-up-despite-global-challenges
Revenue from Cyprus' ship management industry rose by 2.4% in the second half of 2023, despite facing significant global challenges such as rising freight costs and geopolitical tensions, including disruptions in the Red Sea by Houthi forces....
https://knews.kathimerini.com.cy/en/news/europe-on-alert-amid-measles-outbreak
Dr. Avraam Elia, Director of the Pediatric Department at Makario Hospital in Nicosia, emphasized the critical need to vaccinate children amid a resurgence of measles cases across Europe....
https://knews.kathimerini.com.cy/en/news/ferreira-backs-green-line-trade-for-cyprus-reconciliation
European Union (EU) Commissioner for Cohesion and Reform, Elisa Ferreira, emphasized the pivotal role of Green Line trade in fostering reconciliation in Cyprus during an exclusive interview with Yeni Douzen....
https://knews.kathimerini.com.cy/en/business/1-may-newsletter-of-k-treppides-co-ltd-cyprus-securities-and-exchange-commission-european-securities-and-markets-authority
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...
