https://knews.kathimerini.com.cy/en/news/eu-commission-proposes-digital-euro-as-cash-alternative
Digital currencies have grown in popularity. Unlike bitcoin, the digital euro would be a central bank digital currency (CBDC), essentially, electronic cash. ...
https://knews.kathimerini.com.cy/en/news/european-stocks-rally-on-hope-of-interest-rate-peak
Eurozone inflation fell more than expected to 5.5 percent in June, its lowest rate since the start of last year, but a slight rebound in core consumer price growth tempered any relief for policymakers....
https://knews.kathimerini.com.cy/en/news/police-raid-eva-kaili-s-properties-in-athens
Greek and Belgian authorities raided three properties connected to Eva Kaili in Athens, Greek police told Politico...
https://knews.kathimerini.com.cy/en/news/nicosia-reads-support-into-eu-council-draft
The inclusion of a specific reference to the Cyprus problem in the text of the conclusions of the forthcoming European Council reflects the support of the EU and partners to reunification efforts, Foreign Minister Constantinos Kombos said in a discussion on the preparation of the meeting, during the General Affairs Council held on Tuesday in Luxembourg...
https://knews.kathimerini.com.cy/en/news/cyprus-receives-funding-for-nicosia-motorway
The European Commission has announced a significant investment of €6.2 billion to co-finance 107 infrastructure projects aimed at promoting sustainable, safe, and efficient transport throughout the EU....
https://knews.kathimerini.com.cy/en/news/cyprus-takes-center-stage-as-it-strengthens-its-defense-planning
Last week, Ankara used the reference to the ''Republic of Cyprus'', the legitimate and internationally recognized state entity on the island of Cyprus, in the ongoing regional plans of NATO as a pretext to derail the process....
https://knews.kathimerini.com.cy/en/news/france-belgium-cyprus-estonia-and-hungary-collaborate-on-air-defense-systems
France, Belgium, Cyprus, Estonia and Hungary signed a letter of intent for the joint purchase of the French Mistral air defense systems, two sources aware of the matter said on Monday....
https://knews.kathimerini.com.cy/en/news/cyprus-still-vague-on-ukraine-swap-deal
Cypriot President Nikos Christodoulides declined to say whether any of the island’s Soviet-made defense systems could end up in Ukraine, pointing to Turkey and budget concerns but also echoing a broader ambiguity as EU allies argue over the best defense strategy...
https://knews.kathimerini.com.cy/en/news/annual-inflation-drops-in-cyprus-eurozone-and-eu-compared-to-april
The annual inflation rate was 3.6% in Cyprus, 6.1% in the eurozone and 7.1% in the EU in May 2023, according to figures published by Eurostat, the statistical office of the European Union. ...
https://knews.kathimerini.com.cy/en/news/backlash-over-cyprus-vat-refund-change
The recent decision made by the Department of Customs to raise the expenditure limit for VAT refunds to third-country travelers visiting Cyprus is receiving criticism for its adverse effects on tourism expenditure....
https://knews.kathimerini.com.cy/en/news/declining-rates-of-early-school-leavers-cyprus-outperforms-eu-target
The share of “early school leavers” (young people aged 18-24 leaving early from education and training after having completed at most a lower secondary education) has steadily decreased in the EU over the last 10 years,...
https://knews.kathimerini.com.cy/en/news/household-electricity-and-gas-prices-surge-across-eu-in-2022
In the second half of 2022, average household electricity prices in the EU continued to show a sharp increase compared with the same period in 2021, from 23.5 euros per 100 kWh to 28.4 euros per 100 kWh in the EU, and from 23.0 euros per 100 kWh to 32.6 euro per 100 kWh in Cyprus, according to data released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/trickier-travel-looms-as-eurostar-ends-direct-trains-from-london-to-disneyland-paris
Families that plan to go to Disneyland Paris from the United Kingdom this summer will have to rethink their plan of how to get there as Eurostar is set to end its direct trains from London to this destination....
https://knews.kathimerini.com.cy/en/news/cyprus-short-term-rental-bookings-rebound-in-2022-but-still-below-2019-levels
Eurostat, the statistical service of the EU, reported that during the fourth quarter of 2022 (Q4 2022), short-term rental accommodations booked through platforms like Airbnb, Booking, Expedia Group, or TripAdvisor were in high demand, with guests spending around 97 million nights in such accommodations across the EU. ...
https://knews.kathimerini.com.cy/en/news/private-jet-flights-in-europe-reach-record-high-in-2022
A recent report from Greenspace on carbon dioxide emissions from private aviation in Europe has shown that private jet flights reached an all-time high in 2022, and emissions more than doubled compared to 2021....
https://knews.kathimerini.com.cy/en/business/cyprus-hourly-labor-costs-below-eu-average-at-19-4-euros
The average hourly labor costs in Cyprus increased from €18 in 2021 to €19.4 in 2022, according to Eurostat. Hourly labor costs were the lowest in the EU in Bulgaria (€8.2) and Romania (€9.5), and highest in Luxembourg (€50.7), Denmark (€46.8) and Belgium (€43.5). ...
https://knews.kathimerini.com.cy/en/news/cocaine-use-in-cyprus-low-compared-to-european-average
Larnaca and Limassol have the highest use of methamphetamine in Cyprus, according to a study conducted by the European Monitoring Centre for Drugs and Drug Addiction....
https://knews.kathimerini.com.cy/en/news/bahrain-plays-down-turkish-cypriot-flag-incident
A Turkish Cypriot flag at an inter-parliamentary union assembly in Bahrain has caught Nicosia’s attention, prompting Manama to reassure Greek Cypriots that it was 'not intentional' while dialogue still prevailed despite the diplomatic faux pas...
https://knews.kathimerini.com.cy/en/business/eac-maintains-dominant-position-in-cyprus-energy-production-market
The highest electricity market share in the EU was recorded in Cyprus (88%), reflecting the dominance of the Electricity Authority of Cyprus in the country’s energy market, Eurostat data published on Tuesday show....
https://knews.kathimerini.com.cy/en/news/criticism-grows-as-europe-pushes-to-restrict-cars-in-cities
In an effort to ease traffic congestion and curb greenhouse gas emissions causing climate change, municipalities from Barcelona to Brussels have embarked on what has been called a “transportation revolution.”...
https://knews.kathimerini.com.cy/en/news/state-hospital-staff-to-receive-training-from-accreditation-canada
Training sessions will take place in two major public hospitals in Nicosia, starting today, as part of the accreditation process that the SHSO (OKYpY) has initiated, under the guidance of Canada Accreditation....
https://knews.kathimerini.com.cy/en/news/eu-sends-humanitarian-supplies-to-syria-for-earthquake-relief
As part of an EU humanitarian air bridge for Syria, two planes with emergency aid landed Monday in Damascus, to provide further support for the Syrian people impacted by the earthquake. ...
https://knews.kathimerini.com.cy/en/news/kaili-lawyer-stunned-as-mep-s-partner-walks-free
The defense for Greek MEP Eva Kaili is raising hell after Belgian authorities released her partner in an ongoing corruption investigation, with one of her lawyers accusing Belgium’s criminal justice of operating against European legal culture...
https://knews.kathimerini.com.cy/en/news/cypriot-voters-cast-ballot-in-crucial-runoff-election
Cypriots return to the polls Sunday to elect the 8th President since the establishment of the Republic of Cyprus. The two front-runners in last weekend's first round, are Nicos Christodoulides, former Minister of Foreign Affairs in the cabinet of outgoing President Nicos Anastasiades, and Andreas Mavroyiannis a diplomat who served as negotiator for the Cyprus problem...
https://knews.kathimerini.com.cy/en/news/cyprus-elections-the-locations-of-polling-stations around-the-world
The polling stations abroad for the Presidential Elections (1st round 05/02) have been announced by the General Election Commissioner....
https://knews.kathimerini.com.cy/en/news/eurostat-cyprus-had-the-highest-stock-of-npl-s-in-2021
In 2021, Cyprus remained the country with the highest stock of non-performing loans (assets) of the general government, at 20.2% of GDP, according to data released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/money-laundering-platform-with-ties-to-cyprus-seized
The Cyprus Police took part in a joint European operation that led to the seizure of an online cryptocurrency platform/exchange that was being used to launder money from illegal activities. ...
https://knews.kathimerini.com.cy/en/news/eva-kaili-to-remain-in-custody
A Belgian court has rejected an application from Greek MEP Eva Kaili to be released from pre-trial custody, following a hearing before the Court of First Instance in Brussels....
https://knews.kathimerini.com.cy/en/news/panzeri-to-be-let-off-after-agreeing-to-name-names
Belgium’s federal prosecutor said on Tuesday that former Italian member of the European Parliament Pier Antonio Panzeri agreed to work with Belgian authorities over a cash-for-influence corruption scandal in exchange for a reduced sentence...
https://knews.kathimerini.com.cy/en/news/europe-s-royals-bid-farewell-to-greece-s-ex-king-in-athens
European royalty gathered in Athens on Monday for the funeral of former King Constantine of Greece, born a prince but spurned by his country which abolished the monarchy in 1974....