https://knews.kathimerini.com.cy/en/business/cbc-chief-warns-tax-on-big-profits-could-hurt-economy
The new Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, expressed opposition to a windfall profits tax, which is a tax imposed by governments on companies that have experienced unexpectedly large profits,...
https://knews.kathimerini.com.cy/en/news/new-global-report-launched-at-global-family-business-summit
The Global Family Business report from KPMG Private Enterprise and the STEP Project Global Consortium reveals how some successful business families adopt a future-centric view of legacy that binds generations together, creating dynamic legacies that adhere with tradition while simultaneously embracing innovation...
https://knews.kathimerini.com.cy/en/news/wildfire-subsides-surveying-of-damages-begin
The raging fire in Paphos has subsided, according to statements made by the Minister of Agriculture following the Council of Ministers meeting....
https://knews.kathimerini.com.cy/en/news/wildfire-ignites-resident-anger-and-blame-game
Residents' anger simmered over delayed aircraft response during Tuesday's fire outbreak in the Polemio-Psathi area, coupled with authorities' failure to curb illegal dumping, which likely sparked the blaze...
https://knews.kathimerini.com.cy/en/news/fire-rages-out-of-control-illegal-garbage-dump-possible-cause-pics
A fire that broke out around 12:39 on Tuesday afternoon between the communities of Psathi and Polemi in Paphos is still raging out of control, and has spread to the communities of Kourtaka,...
https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-shrinks-by-€708-million
The trade deficit in Cyprus decreased by €708 million in January-April 2024 compared to the same period in 2023, driven by a significant 18.4% drop in imports, according to the Statistical Office....
https://knews.kathimerini.com.cy/en/news/moderna-s-combined-covid-flu-vaccine-proves-effective
Moderna's combined COVID-19 and flu vaccine has demonstrated efficacy equivalent to that of separate shots in late-stage trials, according to results published on Monday. ...
https://knews.kathimerini.com.cy/en/news/charalambos-prountzos-elected-as-nicosia-mayor-by-wide-margin
Charalambos Prountzos has been elected as the new Mayor of Nicosia by a significant margin....
https://knews.kathimerini.com.cy/en/news/cyprus-tourism-hit-by-may-slump
Banks caution against high expectations for new tourism records in Cyprus, citing a lackluster performance in May, according to a report by Panayiotis Rougalas on this Sunday's Kathimerini (9 June 2024)....
https://knews.kathimerini.com.cy/en/news/is-there-a-link-between-coronavirus-and-cancer
In Rock Hill, South Carolina, Kashyap Patel, the head of Carolina Blood and Cancer Care Associates, grew concerned during a lunch meeting in 2021. ...
https://knews.kathimerini.com.cy/en/news/olive-oil-prices-soar-65-in-cyprus-in-may-2024
Olive oil prices in Cyprus surged by 65% in May 2024 compared to the same month last year, and increased by 2% from April 2024, according to the Consumer Index table compiled by the Cyprus Consumer Association and released on Friday....
https://knews.kathimerini.com.cy/en/news/heatwave-forces-classes-outdoors-due-to-lack-of-air-conditioning
As Cyprus endures a sweltering heatwave with temperatures reaching 45 degrees Celsius, public school teachers have been forced to hold classes outdoors due to the lack of air conditioning. The extreme heat has rendered classrooms unbearable, prompting educators to seek any available shade....
https://knews.kathimerini.com.cy/en/news/1974-toyotas-stand-still-in-nicosia-s-buffer-zone
In the summer of 1974, amidst the bustling streets of Ledra, Dikran's father, Stefan, welcomed a fleet of untouched Toyota cars, Corolla, Corona......
https://knews.kathimerini.com.cy/en/news/cyprus-leads-europe-in-prison-overcrowding
Cyprus leads Europe in prison overcrowding and the percentage of female inmates, according to the Council of Europe’s Annual Penal Statistics on Prison Populations (SPACE I) for 2023, released Thursday....
https://knews.kathimerini.com.cy/en/news/lifeguards-warn-parents-put-down-phones-and-watch-your-kids
As scorching temperatures continue to grip Cyprus, residents are flocking to coastal areas seeking relief, prompting lifeguards to remain vigilant to prevent any accidents....
https://knews.kathimerini.com.cy/en/news/heatwave-leads-to-faintings-and-nosebleeds-in-schools
Incidents of children experiencing dizziness and nosebleeds due to high temperatures have been reported in schools, according to POED President Myria Vassiliou....
https://knews.kathimerini.com.cy/en/news/surge-in-turkish-cypriot-voters-expected-in-upcoming-elections
With only a few days left until Sunday, June 9, European citizens will decide who will represent them in the European Parliament. Cyprus will send six representatives to the European Parliament,...
https://knews.kathimerini.com.cy/en/business/unemployment-in-cyprus-hits-record-low-in-may
The downward trend in Cyprus' registered unemployment continued in May 2024, reaching historically low levels, according to data released by the Statistical Service of Cyprus on Wednesday....
https://knews.kathimerini.com.cy/en/business/banks-record-fewer-bounced-checks-in-may
The number of bounced checks in Cyprus saw a significant drop in May 2024 compared to the same month last year, according to data released by the Central Bank of Cyprus on Tuesday....
https://knews.kathimerini.com.cy/en/news/nicosia-general-hospital-s-trauma-center-treats-over-500-since-launch
President of the Republic of Cyprus Nikos Christodoulides inaugurated Monday the Trauma Center at the Nicosia General Hospital saying that the state......
https://knews.kathimerini.com.cy/en/business/profits-soared-in-cyprus-banking-sector-in-2023
The Cyprus banking sector experienced a significant surge in profitability by the end of 2023, as indicated by key financial indicators from the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/news/hackers-claim-560m-ticketmaster-accounts-breached
Ticketmaster owner Live Nation confirmed "unauthorised activity" on its database after a group of hackers said they had stolen the personal details of 560 million customers.
...
https://knews.kathimerini.com.cy/en/news/31-000-children-in-cyprus-below-poverty-line
The percentage of children at or below the poverty line in Cyprus stood at 18.1% in 2022, equivalent to around 31 thousand children according to Eurostat......
https://knews.kathimerini.com.cy/en/news/government-clears-€564-2-million-in-outstanding-debts
The General Accounting Office of the Republic announced that a significant sum of €564.2 million has been cleared by the government from November 2013 to April 2024. This extensive effort aims to address outstanding debts owed to various government departments and agencies....
https://knews.kathimerini.com.cy/en/news/firefighters-battle-blaze-in-limassol-amid-strong-winds
A fire broke out at noon on Friday in the area of Agios Sylas in Limassol, fueled by dry grass and wild vegetation and exacerbated by strong winds....
https://knews.kathimerini.com.cy/en/news/nasa-s-new-rocket-set-to-cut-mars-journey-to-just-60-days
Recently, NASA announced it was funding a revolutionary high-thrust rocket — called a Pulsed Plasma Rocket — that could make crewed missions to Mars in just two months....
https://knews.kathimerini.com.cy/en/business/ecommbx-secures-top-spot-as-cyprus-best-workplace
ECOMMBX is excited to announce that it has been recognized as Cyprus’ Best Workplace by Great Place To Work in the category 20 –100 Spartans. ...
https://knews.kathimerini.com.cy/en/news/construction-of-mirror-house-draws-attention-in-cyprus
A stunning addition to Cyprus's architectural scene has emerged, the intriguing mirror house....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-non-performing-loans-drop-to-lowest-level-in-years
Total non-performing loans (NPLs) to banks have dropped below €2 billion, specifically to €1.9 billion. ...
https://knews.kathimerini.com.cy/en/news/ecb-to-implement-first-interest-rate-cut
The European Central Bank (ECB) is poised to execute its much-anticipated rate cut, scheduled to take effect on Thursday, June 6, 2024....
