https://knews.kathimerini.com.cy/en/news/cypriot-market-braces-for-impact-amidst-suez-canal-disruptions
In a recent interview with KEBE Secretary General Marios Tsiakkis, concerns were raised about the inevitable impact on product prices in Cyprus due to increased fees for ships carrying containers. ...
https://knews.kathimerini.com.cy/en/news/33-fatal-accidents-before-year-s-end-cyprus-police-on-high-alert
To date this year, six days before January 1, 2024, 33 people have lost their lives in 31 fatal accidents, Police Communications Officer, Eleni Constantinou, told CNA on Wednesday, noting that the Police are on high alert these days to prevent fatal and serious accidents....
https://knews.kathimerini.com.cy/en/business/as-2023-ends-banks-and-unions-lock-horns-on-pay-structures
The banks and bank employees' unions are at odds over labor issues and the signing of new collective agreements. As we approach the end of 2023, no significant progress has been made in renewing collective agreements during the outgoing year....
https://knews.kathimerini.com.cy/en/news/the-year-s-final-weather-extravaganza
Today, imagine the fog as a shy guest at a party, finally deciding to step aside. Ta-da! Clear skies are here, flaunting temperatures like they're showing off New Year resolutions: 21 degrees inland, 22 degrees coastal, and a breezy 13 degrees up in the mountains....
https://knews.kathimerini.com.cy/en/news/el-greco-medical-centre-set-to-elevate-healthcare-standards-in-cyprus
The El Greco Medical Centre, slated to open its doors in early 2024, aims to redefine healthcare standards in Cyprus with its state-of-the-art facilities and patient-centric approach....
https://knews.kathimerini.com.cy/en/news/us-ambassador-discusses-cyprus-and-russian-influence-in-exclusive-interview
In an exclusive interview with Kathimerini, the U.S. Ambassador to Cyprus weighs in on whether the island nation's ties to Russian influence are changing. ...
https://knews.kathimerini.com.cy/en/news/pwc-cyprus-hosts-informative-cesop-event-on-new-vat-reporting-obligation
PwC Cyprus successfully organized a pivotal event entitled ''A New Reporting Obligation on VAT'' at its state-of-the-art experience centre on Monday, 18 December 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-cheese-industry-shuts-down-amid-regulatory-dispute
The Cyprus Cheesemakers Association has made a unanimous decision to shutter all cheese dairies starting January 10, 2024, following a protracted disagreement with government authorities over regulatory changes....
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-embraces-diversity-among-its-people
The diversity of Lidl Cyprus’ employees is the main subject of the company's recent campaign. ...
https://knews.kathimerini.com.cy/en/news/cyprus-eyes-new-measures-amid-migration-challenges
There may have been progress so far in the management of migration, according to figures released by the government these days, but this is mainly due to a sharp decline in the number of applicants from African countries, ...
https://knews.kathimerini.com.cy/en/news/how-paphos-love-bus-helps-children-in-need-this-christmas
In the enchanting city of Paphos, the holiday season unfolded with the whimsical charm of the "Santa Claus Love Bus," setting the stage for a festive journey that ignited the Christmas spirit among locals....
https://knews.kathimerini.com.cy/en/news/2024-court-documents-to-expose-epstein-s-associates-and-victims
In a significant development tied to the legal aftermath of the Jeffrey Epstein case, court documents containing the names of over 170 high-profile associates and victims are slated to be unsealed at the commencement of 2024....
https://knews.kathimerini.com.cy/en/news/the-landmark-nicosia-s-modern-icon-emerges
In a radical transformation, The Landmark Nicosia is set to recapture Cypriot hearts, promising a revival of its former glory and embedding itself in the daily lives of citizens.
...
https://knews.kathimerini.com.cy/en/news/greece-named-economist-country-of-the-year-2023
The Economist magazine has declared Greece the country of the year for 2023, with Prime Minister Kyriakos Mitsotakis, in a post, referring to the "recognition of the efforts of the Greek people."...
https://knews.kathimerini.com.cy/en/news/2024-budget-gets-green-light-–-inside-scoop-on-state-wage-proposals
The 2024 budget was passed into law relatively comfortably, with a total of 37 MPs voting for it, while 19 were opposed. ...
https://knews.kathimerini.com.cy/en/news/half-of-cyprus-loans-vulnerable-to-euribor-and-ecb-rates
Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....
https://knews.kathimerini.com.cy/en/news/divisions-in-cyprus-amplify-fact-checking-challenges
Cyprus, an ethnically divided island in the Mediterranean, is like any other nation: It’s been hit by a wave of misinformation, and residents are trying to keep up....
https://knews.kathimerini.com.cy/en/news/un-s-envoy-lands-in-cyprus-for-critical-diplomacy-on-cyprus-problem
In early January, the new Special Envoy of the UN Secretary-General, Maria Angela Holguin Cuellar, will arrive in Cyprus....
https://knews.kathimerini.com.cy/en/news/cbc-warns-of-non-performing-loan-surge-amid-economic-challenges
The Central Bank of Cyprus (CBC) issued a warning on Monday, cautioning about the potential influx of non-performing loans (NPLs) driven by high-interest rates and inflation, which are impacting households' disposable income and businesses' profitability....
https://knews.kathimerini.com.cy/en/news/fifa-imposes-transfer-embargo-on-11-cypriot-clubs-over-outstanding-debts
In an anticipated move, FIFA has enforced a transfer embargo on 11 Cypriot football clubs due to lingering debts. The repercussions highlight a recurrent pattern where managements,...
https://knews.kathimerini.com.cy/en/news/which-city-will-win-culture-capital-2030-in-cyprus
Deputy Minister of Culture, Vasiliki Kassianidou, announced on Monday that the official process was launched through which the cities of Cyprus are invited to submit an application to claim the title of the 2030 European Capital of Culture.
...
https://knews.kathimerini.com.cy/en/news/government-unveils-e-justice-system-for-streamlined-legal-processes
In a significant move toward digital transformation, Cyprus inaugurated the e-justice information system on Monday, enabling the electronic registration of documents throughout the judicial process....
https://knews.kathimerini.com.cy/en/news/president-spills-details-on-unsg-s-envoy-–-big-changes-ahead
Cyprus President, Nikos Christodoulides, has said that the UNSG's envoy for Cyprus should spend time on the island rather than paying a visit for some days, adding that as he has been informed her appointment will go into effect on January 1st, 2024.
...
https://knews.kathimerini.com.cy/en/news/themis-themistocles-signals-potential-2024-interest-rate-cut
In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...
https://knews.kathimerini.com.cy/en/news/government-seeks-€1b-via-emnt-bond-in-2024
Cyprus’ financing needs for 2024 amount to €1.3 billion, largely to be covered by the issuance of a €1 billion EMNT bond, the Finance Ministry’s Public Debt Management Office (PDMO) has said.
...
https://knews.kathimerini.com.cy/en/news/uk-and-cyprus-to-strengthen-global-collaboration
The UK Foreign, Commonwealth and Development Office Director General for Europe, Peter Wilson and the Republic of Cyprus Ministry of Foreign Affairs Permanent Secretary, Kyriacos Kouros chaired the first annual review of the UK-Cyprus Memorandum of Understanding....
https://knews.kathimerini.com.cy/en/news/eu-council-s-historic-decision-to-benefit-ukraine-moldova-and-georgia
Without agreement on the European budget, the first day of the European Council meeting was concluded at 2.30 Brussels time (3.30 a.m. on Friday), as no "common ground" was found on the revision of the budget (2021-2027), due to lack of unanimity....
https://knews.kathimerini.com.cy/en/news/government-joins-elite-with-third-plea-for-€152-3m
Acting Permanent Secretary of DG Growth at the Finance Ministry, Andreas Zachariades, said on Thursday that as of Friday, Cyprus will be among the first ten EU member states that have submitted the third payment request from the Recovery and Resilience Mechanism of the EU....
https://knews.kathimerini.com.cy/en/news/cyprus-nears-digital-judicial-transformation-with-new-e-justice-system
Deputy Minister of Research, Innovation, and Digital Policy, Philippos Hadjizacharias, anticipates the finalization of the new e-justice system by February 2024, marking a crucial stride in Cyprus' digital transformation. ...
https://knews.kathimerini.com.cy/en/news/the-climb-to-success-in-the-public-sector-pay-scale
The Ministry of Finance has officially disclosed the main provisions of the agreement reached with trade unions PASYDY and FCC, outlining significant salary advancements for public and broader public sector employees, including those within Local Government Authorities. ...
