https://knews.kathimerini.com.cy/en/news/april-records-a-decrease-in-loan-volumes
The Central Bank of Cyprus announced in a press release on Tuesday that total new loans decreased to €473.9 million in April 2023, compared to €922.5 million in the previous month....
https://knews.kathimerini.com.cy/en/news/imf-says-cyprus-untouched-by-war-fallout
The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...
https://knews.kathimerini.com.cy/en/news/green-party-protests-dog-shelter-conditions
The Green Party – Citizens' Cooperations is arranging a demonstration to bring attention to what they consider to be unacceptable conditions at the municipal dog shelter in Ayioi Trimithias, Nicosia....
https://knews.kathimerini.com.cy/en/comment/opinion/overcoming-obstacles-in-cyprus-green-transition
Undoubtedly, the fact that it no longer requires a building permit as a prerequisite for installing a photovoltaic system on residential roofs could be characterized as a positive development in our long-standing effort to turn towards green development....
https://knews.kathimerini.com.cy/en/news/new-plan-to-safeguard-vulnerable-groups-homes-nears-approval
The Director of the Press Office of the President of the Republic, Victor Papadopoulos, announced that a new plan to safeguard the first homes of vulnerable groups in Cyprus is on the horizon. ...
https://knews.kathimerini.com.cy/en/news/cyprus-emerges-as-top-beneficiary-of-eib-support-in-europe
The European Investment Bank (EIB) President, Werner Hoyer, announced that Cyprus remains the largest beneficiary of EIB support per capita in Europe....
https://knews.kathimerini.com.cy/en/news/cyprus-shines-with-58-medals-and-national-records-in-malta
June started off on the right foot for Cypriot athletes participating at the 19th Games of the Small States of Europe, held in Malta. At the same time, Cyprus tops the list of medals with a total of 58 medals....
https://knews.kathimerini.com.cy/en/news/biden-whistleblower-hints-at-cypriot-help-in-run-off
Biden whistleblower Gal Luft appears to have resurfaced after going missing earlier this year in Cyprus, with a New York Post piece suggesting the Israeli professor who was in custody on a US arrant had escaped with help on the island...
https://knews.kathimerini.com.cy/en/news/ec-urges-cyprus-to-comply-with-eu-vat-rules-for-homes
The European Commission has called on Cyprus to comply with EU VAT rules for dwellings by sending a reasoned opinion to the country, included in the Commission’s June infringements package.
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https://knews.kathimerini.com.cy/en/news/government-takes-bold-steps-towards-inclusion-of-disabled-persons
The government is focused on developing a new national strategy for disability, aiming to enhance the integration and well-being of persons with disabilities. ...
https://knews.kathimerini.com.cy/en/news/former-kition-bishop-handed-suspended-sentence-for-assault-on-a-minor
The former Bishop of Kition was today handed a 12-month suspended sentence after being found guilty of indecent assault on a woman 41 years ago when she was just 16 years and 8 months old....
https://knews.kathimerini.com.cy/en/business/cyprus-unemployment-higher-than-eu-average
In 2022, the unemployment rate of people aged 15-74 in Cyprus was 6.8%, a little higher than the EU average (6.2%), according to data released by Eurostat, the statistical service of the EU, with data recording a large variation across the EU’s NUTS 2 regions. The unemployment rate among the young was also above the EU average in Cyprus....
https://knews.kathimerini.com.cy/en/news/an-effective-foreclosure-framework-is-important-says-finmin
An effective and functional foreclosure framework is crucial for encouraging borrowers to restructure their debt, due to the high stock of non-performing loans (NPLs), the Cyprus Ministry of Finance said in a press release on Tuesday....
https://knews.kathimerini.com.cy/en/news/illegal-bird-trafficking-ring-busted
An illegal wild bird trafficking ring was dismantled after a joint collaboration between the Game and Wildlife Service and Police....
https://knews.kathimerini.com.cy/en/news/from-25-to-5-smoking-rate-by-2040-says-kyriakides
Health and Food Safety Commissioner Stella Kyriakides, in a prelude to World No Tobacco Day on May 31, emphasized the Commission's ambitious objective of reducing smoking from 25% to a mere 5% of the population by 2040 in her written message....
https://knews.kathimerini.com.cy/en/news/cyprus-ranks-low-in-unmet-medical-needs-for-children-but-dental-care-concerns-arise
Cyprus stands out as one of the countries with the lowest rates of children under 16 living in households with unmet medical needs, according to recent data released by Eurostat, the statistical service of the EU. However, when it comes to unmet dental care needs, Cyprus slightly exceeds the EU average....
https://knews.kathimerini.com.cy/en/news/ec-challenges-5-vat-proposal-for-primary-residences
Finance Ministry Director-General George Pantelis informed the parliamentary Finance Committee that the European Commission disagrees with the consensual proposal agreed upon in Parliament regarding the imposition of a reduced VAT rate on the construction or acquisition of a primary residence....
https://knews.kathimerini.com.cy/en/business/divestments-trigger-a-risk-of-backlash-in-the-recovery-fund
As Cyprus races against time to secure €1.1 billion in grants and loans from the Recovery Fund (NextGenerationEU) by June 2026, a new challenge arises. ...
https://knews.kathimerini.com.cy/en/news/energizing-surprise-abundance-of-energy-sends-prices-plummeting-in-finland
Finland was dealing with an unusual problem on Wednesday: clean electricity that was so abundant it sent energy prices into the negative....
https://knews.kathimerini.com.cy/en/news/killer-whales-are-deliberately-hitting-and-sinking-boats
Researchers believe killer whales are deliberately hitting boats, causing some to sink, following a string of incidents off the southwestern tip of Europe....
https://knews.kathimerini.com.cy/en/news/larnaca-man-sentenced-for-assaulting-woman-holding-infant
In a recent ruling, the Larnaca District Court sentenced a 44-year-old man to eight months in jail for assaulting a 29-year-old woman from Congo who was holding her infant last July....
https://knews.kathimerini.com.cy/en/news/former-bishop-to-be-sentenced-today-for-indecent-assault
The former Bishop Chrysostomos of Kition is scheduled to be sentenced on June 1st...
https://knews.kathimerini.com.cy/en/news/nicosia-looks-forward-to-hosting-next-3-1-summit
During a reception held by the Embassy of Israel in Nicosia to commemorate Israel's 75th independence anniversary, Cyprus's Defense Minister, Michalis Giorgallas, expressed that Nicosia eagerly looks forward to hosting the next political level 3+1 meeting involving Cyprus, Greece, Israel, and the USA before the year's end. Additionally, Cyprus plans to host the 9th Cyprus, Greece, and Israel Trilateral Summit in 2023....
https://knews.kathimerini.com.cy/en/news/serious-clashes-between-police-and-ael-fans-two-arrests-made
Serious clashes unfolded last night in the Enaerios area between police and AEL fans following the final match of the Football Cup, which ended with a 1-0 victory for Omonia, crowning them the Cypriot Cup champions....
https://knews.kathimerini.com.cy/en/news/man-found-guilty-in-cyprus-deadly-wildfire
A man was found guilty in the deadly fire that killed four Egyptian workers in 2021, with a Limassol judge ordering him in custody until his sentencing at the end of the month...
https://knews.kathimerini.com.cy/en/news/australian-citizens-collaborate-to-repatriate-cypriot-treasures
Thirty-six (36) Cypriot antiquities were successfully repatriated from Australia on May 20, thanks to the generous initiative of Australian citizens who voluntarily returned the antiquities in their possession to Cyprus....
https://knews.kathimerini.com.cy/en/news/british-cypriot-forex-boss-found-guilty-of-fraud
A jury in a London court has found a forex trader of Cypriot origin guilty of fraud....
https://knews.kathimerini.com.cy/en/news/meta-slammed-with-record-€1-2-billion-fine-over-user-data-handling
Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead privacy regulator in the European Union for its handling of user information and given five months to stop transferring users’ data to the United States....
https://knews.kathimerini.com.cy/en/news/the-world-s-most-expensive-ice-cream-tempts-taste-buds
Keep your hands steady: a scoop of this exquisite delight is probably going to cost more than all the ice cream you will have throughout multiple summers....
https://knews.kathimerini.com.cy/en/business/cyprus-and-netherlands-seal-double-taxation-deal
Cyprus' Minister of Finance, Makis Keravnos, expressed his satisfaction for the conclusion of negotiations on a double taxation avoidance agreement with the Netherlands in a meeting Thursday with the Ambassador of the Netherlands in Cyprus, Elke Merks-Schaapveld, according to a press release by the Ministry of Finance....
