https://knews.kathimerini.com.cy/en/news/hollywood-executives-brace-for-‘year-of-turmoil-in-2023
Hollywood executives are bracing for a brutal “year of turmoil” as the entertainment business faces the combined threat of an economic recession, slower streaming growth, a cinema industry on life support and a potential writers’ strike....
https://knews.kathimerini.com.cy/en/news/andreas-christou-s-disappearance-is-shrouded-in-mystery
The disappearance of 35-year-old wanted man Andreas Christou in connection with the attempted murder committed on December 4 in Oroklini, during which a 42-year-old man and a 6-year-old child were injured, is shrouded in mystery....
https://knews.kathimerini.com.cy/en/business/the-landscape-of-bank-equity-is-changing-in-cyprus
A day before 2022 came to an end, Eurobank made the announcement that it had added 3.2% more shares of Hellenic Bank, bringing its total to 29.2% (pending regulatory approval), and altering the bank's balance "for good"....
https://knews.kathimerini.com.cy/en/news/trendsetter-company-buys-cyprus-most-expensive-property
The most expensive piece of real estate in Cyprus is off the market, following news that a global trading platform will buy the stunning beachfront property after a decade-long presence on the island...
https://knews.kathimerini.com.cy/en/comment/opinion/the-2023-investment-chessboard
Today's data is completely different from what it was a year ago in terms of investment....
https://knews.kathimerini.com.cy/en/news/nicosia-backs-new-israeli-foreign-minster
Cypriot Foreign Minister Ioannis Kasoulides has congratulated his Israeli counterpart who took office this week ahead of anticipated big news in Israeli-Arab relations that do not leave Nicosia unaffected...
https://knews.kathimerini.com.cy/en/news/cyprus-undecided-as-divided-eu-debates-chinese-travel
Nicosia failed on Tuesday to reach a decision on whether COVID measures should be imposed on travelers from China, with officials this week pointing to a new effort by the European Union to coordinate a response to Beijing’ move to ease restrictions...
https://knews.kathimerini.com.cy/en/news/germany-s-new-right-to-residence-effective-as-of-january-1st-2023
Germany’s much-discussed Right to Residence and other laws making it easier for foreigners in the country to make their stay legal, move to the country or gain permanent residency there, has become effective today, January 1, 2023....
https://knews.kathimerini.com.cy/en/comment/opinion/for-2023
As the new year becomes more visible in terms of the dynamics it brings to Cyprus on all levels, 2023 will be remembered not only as an "election year," but also as the end of innocence after Anastasiades' ten-year reign. ...
https://knews.kathimerini.com.cy/en/news/all-you-need-to-know-to-renew-your-road-tax-license
The following is a notice from the Ministry of Transport, Communications, and Works (Department of Road Transport) regarding the renewal of vehicle registration permits for the year 2023:...
https://knews.kathimerini.com.cy/en/news/where-you-can-t-go-in-2023-and-why
Travelers from all over the world are expected to take their vengeance for two years in prison in 2023, as they can now take their dream vacation to any part of the world they want, with no restrictions....
https://knews.kathimerini.com.cy/en/business/cyprus-national-minimum-wage-takes-effect-on-first-day-of-2023
National Minimum Wage in effect in Cyprus for the first time in January...
https://knews.kathimerini.com.cy/en/news/economic-events-that-will-be-remembered-in-2022
The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....
https://knews.kathimerini.com.cy/en/news/young-mother-killed-in-new-year-s-eve-car-crash
A young mother in Limassol on her way to ring in the New Year was killed in a car accident when a car driven by her boyfriend veered off course, with their baby in the back seat said to be in critical condition...
https://knews.kathimerini.com.cy/en/news/turkey-warns-greece-over-territorial-waters
Turkish Foreign Minister Mevlut Cavusoglu renewed warnings against Greece on Thursday, after Greek media said Athens was planning to extend territorial waters around the island of Crete to 12 nautical miles...
https://knews.kathimerini.com.cy/en/news/cyprus-braces-for-credit-ratings-in-2023
The ratings will take place in a year marked by a projected economic slowdown, amid the continued uncertainty that clouds the economic outlook, due to high inflation and the energy crisis, fueled by the continuing war in Ukraine...
https://knews.kathimerini.com.cy/en/news/nicosia-scrambles-to-counter-north-recognition
The Republic of Cyprus is scrambling to block the Turkish Cypriot administration from upgrading its status in the northern part of the divided island, with Greek Cypriot officials in the south confirming reports of new counter measures with diplomatic missions to countries including Gambia...
https://knews.kathimerini.com.cy/en/news/cypriot-transport-minister-vows-to-fix-traffic
Transport Minister Yiannis Karousos says the traffic congestion problem in Cyprus can be significantly addressed or even resolved with the implementation of a plan involving various measures and initiatives...
https://knews.kathimerini.com.cy/en/news/wolt-delivery-drivers-labor-violations-confirmed-fines-to-be-imposed
Following interviews with 94 deliverymen working for an online platform, the director of the Labour Relations Department of the Labour Ministry, Antis Apostolou, said on Wednesday that violations relating to undeclared work and non-licensing to employ third-country nationals have in some cases come to light....
https://knews.kathimerini.com.cy/en/news/ec-12-million-euros-for-access-to-high-speed-internet-in-cypriot-homes
European Commission approves 12 million euro Cypriot scheme to support household access to high-speed broadband services...
https://knews.kathimerini.com.cy/en/business/lebanese-drinks-giant-kassatly-building-plant-in-ypsonas
Lebanese drinks giant Kassatly Group Holding has started work on a new plant in Cyprus under “Boutique Beverage Bottling Int’l Ltd” as part of ambitious plans to move the brand from a regional powerhouse to a global player....
https://knews.kathimerini.com.cy/en/news/zelensky-heads-to-washington
Ukraine's President Volodymyr Zelensky says he is on his way to Washington, where he will meet US President Joe Biden on Wednesday....
https://knews.kathimerini.com.cy/en/news/electricity-subsidies-extended-to-february-2023
The Council of Ministers met yesterday under the chairmanship of the President of the Republic Mr. Nicos Anastasiades and approved the extension for two additional months of the measure concerning the subsidy by the State of part of the cost of electricity consumption...
https://knews.kathimerini.com.cy/en/comment/opinion/the-belgian-wheel-is-in-motion
Many Cypriots live in a state of frustration. How did Belgian authorities respond decisively to the well-known case, while the island's law enforcement took two weeks to visit Syllouris?...
https://knews.kathimerini.com.cy/en/business/wolt-drivers-to-meet at-ministry-of-labor-to-resolve-issue
The Labor Disputes Division of the Department of Labor will host a meeting on Wednesday morning to resolve the working conditions and demands of Wolt distributors, who have been on strike since last Monday. ...
https://knews.kathimerini.com.cy/en/business/cyprus-to-impose-a-minimum-15-tax-on-multinational-corporations
Cyprus Ministry of Finance said on Friday it will introduce a 15% minimum corporate tax rate on multinational and domestic groups or companies with a combined annual turnover of at least €750 million while examining ways to mitigate any possible adverse impact on the Cypriot economy....
https://knews.kathimerini.com.cy/en/business/cyprus-airways-flights-up-406-in-november-compared-to-last-year
Cyprus Airways announced today that a 406% increase was recorded in flights last November, compared to the corresponding month in 2021....
https://knews.kathimerini.com.cy/en/news/finance-ministry-cyprus-economy-will-not-enter-a-recession
There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...
https://knews.kathimerini.com.cy/en/news/white-house-dazed-over-cypriot-gas-company-s-emails
US President Joe Biden is expected to say whether he would challenge a decision by National Archives to release documents concerning his son’s role in a controversial gas company in Cyprus and allegations that business dealings may have improperly influenced American policy...
https://knews.kathimerini.com.cy/en/business/grant-johnson-city-of-dreams-mediterranean-will-be-the-game-changer-for-cyprus-hospitality-industry
The multi-themed City of Dreams Mediterranean resort in Limassol, which will include a luxury hotel, casino, entertainment and sports facilities, adventure park, shops and restaurants, among others, will begin operations in the second quarter of 2023. Grant Johnson, the General Manager of COD analyzes what exactly the City of Dreams Mediterranean will be, what it will offer to the tourism product of Cyprus, how it will strengthen the country's economy and its position as a popular tourist destination and at the same time he analyzes how this project will have significant benefits for the local community and its people. ...
