https://knews.kathimerini.com.cy/en/news/iconic-mountain-resort-set-to-regain-its-former-glory
The extensive restoration project of the historic Berengaria Hotel is currently underway, with plans for the iconic hotel to reopen its doors in 2026....
https://knews.kathimerini.com.cy/en/news/bedbug-infestation-sparks-unusual-scene-in-the-city-of-lights
A video has surfaced showing multiple mattresses piled up and littering a street in Paris, France, amid a current bedbug infestation....
https://knews.kathimerini.com.cy/en/news/imf-forecasts-economic-challenges-for-cyprus-in-2023-and-beyond
The International Monetary Fund (IMF), in its ''World Economic Outlook'' for October, published on Tuesday, forecasts that Cyprus's growth rate for 2023 will slow down to 2.2% of GDP, down from the 2.5% it had projected in its April outlook....
https://knews.kathimerini.com.cy/en/news/president-vows-to-improve-shipping-registry
The President of the Republic of Cyprus, Nikos Christodoulides, reaffirmed the government’s dedication to enhancing the services provided by the Cypriot Shipping Registry, while addressing on Monday evening a dinner hosted at the Presidential Palace on the occasion of the "Cyprus Shipping 2023" International Conference....
https://knews.kathimerini.com.cy/en/news/president-addresses-eu-s-future-climate-at-euco-summit
President Christodoulides will participate in Friday’s informal summit of the European Council in Granada, Spain, which will focus on the future of the EU and the external dimension of migration....
https://knews.kathimerini.com.cy/en/news/targeted-fuel-and-heating-reductions-in-government-s-considerations
The Cyprus Electricity Authority has announced a 3% increase in electricity prices for upcoming bills. ...
https://knews.kathimerini.com.cy/en/news/eu-nations-reach-agreement-on-handling-irregular-immigration
European Union countries on Wednesday sealed a deal on how to handle irregular immigration at times of exceptionally high arrivals, taking a step towards overhauling the bloc’s asylum and migration rules before a pan-European election next year....
https://knews.kathimerini.com.cy/en/news/cyprus-leads-in-europe-with-anti-femicide-law
Cyprus encourages all States to acknowledge the existence of femicide, Permanent Representative of the Republic of Cyprus to the UN Ambassador Andreas Hadjichrysanthou has said, noting that the Cyprus Parliament has adopted a law on femicide which was the first of such piece of legislation in Europe....
https://knews.kathimerini.com.cy/en/news/minister-papanastasiou-meets-exxonmobil-vp-for-gas-project-talks
Cyprus' Energy Minister George Papanastasiou met on Wednesday with ExxonMobil's Vice President John Ardill in Abu Dhabi....
https://knews.kathimerini.com.cy/en/news/government-unveils-inflation-relief-plan-for-october-s-end
At the end of October, the government is expected to announce measures to alleviate the impact of inflation, while at the beginning of 2024 the government plans to implement the new green tax on fuels, together with compensatory measures, said the Minister of Finance, Makis Keravnos, while handing over the 2024 state budget to the President of the Parliament, Annita Demetriou.
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https://knews.kathimerini.com.cy/en/news/bedbugs-threaten-2024-olympics-in-paris
In recent weeks, a concerning surge of bedbugs has been reported not only in Paris but also in several other French cities....
https://knews.kathimerini.com.cy/en/news/finance-ministry-s-new-measures-for-vulnerable-in-the-works
The Finance Ministry is considering new measures to support particularly the vulnerable groups of society amid the continuing pressures from high prices and inflation, Makis Keravnos Minister of Finance said on Monday, adding the measures were in the pipeline irrespective of the rating upgrades by Moody’s and DBRS Morningstar....
https://knews.kathimerini.com.cy/en/business/inflation-fears-and-green-investments
The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...
https://knews.kathimerini.com.cy/en/news/aegean-airlines-expands-winter-routes-for-23-24-season
Aegean Airlines is set to offer its largest-ever route program for the upcoming winter season, introducing 18 new routes to 14 different countries. ...
https://knews.kathimerini.com.cy/en/business/€9-5-million-tourism-investment-shaping-paralimni-s-future
In a significant development within the Famagusta province, specifically in the municipality of Paralimni, a noteworthy €9.5 million investment project is currently underway in the tourism sector....
https://knews.kathimerini.com.cy/en/news/15-4-spike-in-public-expenditure-for-2024
In the 2024 Budget, there's a notable rise of EUR 0.5 billion in public personnel expenditure. According to the Council of Ministers' approved budget table for 2024, this marks a substantial increase of 496 million euros. In terms of percentages, this surge amounts to 15.4% compared to the personnel expenditure allocated for the public sector in 2023....
https://knews.kathimerini.com.cy/en/news/thousands-of-armenians-flee-nagorno-karabakh-conflict-zone
Tens of thousands of ethnic Armenians have fled from Nagorno-Karabakh since the territory surrendered to Azerbaijan on 20 September....
https://knews.kathimerini.com.cy/en/news/eac-brings-400-000-smart-meters-for-all
Demetris Nathaniel, EAC's Deputy Press Spokesman, informed K that the first 40,000 smart meters will be operational by the first half of 2024, with the remainder to be installed within 2-3 years....
https://knews.kathimerini.com.cy/en/news/2024-budget-points-to-surplus-and-debt-reduction
The 2024 budget reflects the clear imprint of our policy priorities, President of the Republic Nikos Christodoulides says in a written statement, adding that the fiscal balance for 2024 is estimated to be surplus, reaching 2.2% of GDP, while the medium-term goal, by 2026, is to reduce public debt to 60%....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-cuts-fees-for-customers
Hellenic Bank is taking steps to enhance its services and support its customers. Mr. Phoebus Stasopoulos, the Senior Banking Manager of Hellenic Bank, announced the expansion of the limit for free SEPA transfers through Online Banking....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-woos-investors-at-london-conference
Last week, the Bank of Cyprus launched a series of engagements with investors, with a particular focus on attracting new stakeholders. This initiative took place during the BofA Merrill Lynch conference, notably at the Annual Financials CEO Conference held in London from last Tuesday to Thursday. ...
https://knews.kathimerini.com.cy/en/news/president-biden-stands-with-striking-autoworkers-demanding-40-pay-raise
President Joe Biden on Tuesday joined a picket line with striking autoworkers in Michigan, supporting their call for a 40% pay raise and saying they deserve a "lot more" than they are getting....
https://knews.kathimerini.com.cy/en/news/school-escorts-back-on-track-to-aid-hundreds-of-disabled-students
The perennial issue of meeting the needs of students requiring school assistants has resurfaced as the new school year begins. ...
https://knews.kathimerini.com.cy/en/news/nicosia-landmark-tipped-to-become-holistic-wellness-destination
MHV, in partnership with Marriott International, Inc., has announced that The Landmark Nicosia Hotel will join the Autograph Collection Hotels. The hotel is set to reopen in late 2024 under the name "The Landmark Nicosia, Autograph Collection," marking the first Cyprus hotel to be part of this prestigious collection....
https://knews.kathimerini.com.cy/en/news/16-students-awarded-$34-500-in-scholarships-for-us-universities
The Cyprus Children's Fund (CCF) has announced the selection of 16 students for its 2023 Scholarship Awards, totaling $34,500. These scholarships are aimed at supporting Greek students pursuing their education in American universities. ...
https://knews.kathimerini.com.cy/en/business/no-fee-increases-for-2024-at-larnaca-marina
Kition Ocean Holdings announced on Thursday that there will be no increases in berthing fees for recreational boat owners at Larnaca Marina in 2024. ...
https://knews.kathimerini.com.cy/en/business/cbc-lowers-gdp-growth-projections-for-2023-and-2024
The Central Bank of Cyprus has revised its growth projections for 2023 and 2024. They now expect GDP growth to be 2.4% in 2023 and 2.7% in 2024, down from their previous forecasts of 2.6% and 2.8%. This is due to Western sanctions against Russia and the fragile external environment affecting professional and non-tourism services....
https://knews.kathimerini.com.cy/en/news/giorkatzis-to-run-for-president-of-nicosia-district-council
The candidate for the position of President of Nicosia District Council in the upcoming local government elections on 9 June 2024 is being seriously considered by the Mayor of Nicosia, Constantinos Yiorkatzis....
https://knews.kathimerini.com.cy/en/news/construction-of-petrol-storage-terminal-must-be-a-priority-says-energy-minister
The construction of a petroleum products storage terminal with a completion date of 2025 is considered a project of exceptional importance with regard to Cyprus' strategic energy autonomy, Minister of Energy, Commerce and Industry, George Papanastasiou, ...
https://knews.kathimerini.com.cy/en/news/singapore-s-changi-airport-revolutionizes-no-passport-travel
Travel at one of the world's best airports is about to become even smoother next year....
