https://knews.kathimerini.com.cy/en/news/the-demand-for-new-homes-is-dwindling
The large investments and development projects mentioned by Minister of Transport and Works Yannis Karousos in his ministry's recent project presentation may have kept the construction and real estate sector afloat until 2022, but the industry still faces challenges....
https://knews.kathimerini.com.cy/en/business/banks-are-revising-lending-rates
Cypriot banks are preparing new loan rates in an effort to redesign the pricing of loans. In the first half of 2023, Cypriot banks will see significant changes in the pricing of new loans, accompanied by increases in interest rates, ...
https://knews.kathimerini.com.cy/en/business/no-more-fridays-4-day-work-week-on-the-rise
The results are in: It's time for your company to stop working on Fridays (or Mondays)....
https://knews.kathimerini.com.cy/en/comment/opinion/migration-nikos-christodoulides-can-and-wants-to-deal-with-it
One of the biggest and most serious problems Cyprus faces now, and one of the biggest challenges, is the issue of migration. Our country must deal with disproportionate flows of migrants, both in relation to its size and resources and in relation to its population....
https://knews.kathimerini.com.cy/en/business/herodotou-calls-for-increased-vigilance-to-avert-private-debt-defaults
Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) called for the preservation of fiscal space, as the economic prospects are deteriorating due to Russia’s war in Ukraine....
https://knews.kathimerini.com.cy/en/business/tech-companies-calling-for-employee-naturalizations-after-5-years
Following the 2023 Presidential Elections and the resumption of the meetings of the House of Representatives, ICT companies will begin "pushing" for the right to apply for naturalization after 5 years of residence and work in the Republic of Cyprus,...
https://knews.kathimerini.com.cy/en/news/berlin-we-will-send-tanks-to-ukraine-if-the-us-does-the-same
Berlin will send German tanks to Ukraine if the United States acts accordingly, a German government official said on Thursday, according to Reuters, as NATO allies search - partly unsuccessfully - for common ground on arming Kyiv, with Leopards taking center stage....
https://knews.kathimerini.com.cy/en/news/cyprus-aims-for-higher-targets-in-green-energy
In 2022, renewable energy sources now make up a larger percentage of total energy consumption. ...
https://knews.kathimerini.com.cy/en/news/identity-of-dead-housemaid-in-paphos-still-unknown
Cyprus Police say they won’t release the name of a young foreign woman after she was found dead in her bed in Paphos, where she worked as a housemaid...
https://knews.kathimerini.com.cy/en/news/an-unlikely-love-story-of-two-soldiers-separated-by-the-buffer-zone
Along with five other films 'Buffer Zone', directed and written by Savvas Stavros will open the Clermont-Ferrand International Short Film Festival, before Sally Potter's new film with Javier Bardem and Chris Rock....
https://knews.kathimerini.com.cy/en/news/first-greek-cypriot-who-settled-in-occupied-area-has-passed-away
Yeni Dusen reported on Tuesday that the "first Greek Cypriot to settle in the northern part of Cyprus" since 1974 had passed away....
https://knews.kathimerini.com.cy/en/news/cabinet-nine-more-citizenships-revoked
The Council of Ministers today confirmed its previous decision to deprive three investors and six of the dependents of their citizenship status following the expiration of the deadline for objections and the completion of the procedures in the competent committee....
https://knews.kathimerini.com.cy/en/business/prostitutes-gather-in-davos-for-annual-meeting-of-global-elite
The global elite tackling the world's problems at the Davos summit including gender inequality is fuelling a surge in prostitution in the Swiss resort....
https://knews.kathimerini.com.cy/en/news/exam-paper-leak-rocks-school-reform-in-cyprus
There was uproar in the Greek Cypriot education system on Monday after an exam paper leak was made public, with authorities unsure whether to call police and teachers calling on the government to rethink a controversial semester reform...
https://knews.kathimerini.com.cy/en/life/kiabi-pursuing-international-development-with-the-opening-of-a-second-store-in-cyprus
Present in 24 countries with a network of 538 physical stores, KIABI is challenging the fashion world’s leaders in Europe, the Middle East, Africa and South America. Engaged in an international growth dynamic, the French favourite continues to roll out its concept intended for all families as it opens its second shop in Cyprus in 2023. ...
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....
https://knews.kathimerini.com.cy/en/news/garage-gate-erupts-as-biden-faces-burisma-email-deadline
US President Joe Biden is facing new challenges following revelations that a second batch of classified documents has been discovered in his home garage in Delaware, just weeks before a deadline expires on releasing emails related to Cyprus-based Burisma, a Ukrainian oil company where his son Hunter got a seat on the board...
https://knews.kathimerini.com.cy/en/news/storm-after-storm-batters-california-s-coastline-with-no-end-in-sight
Multi-million dollar beach homes battered by winds, cars swallowed up by sinkholes, and over a dozen people killed - after weeks of extreme storms, many Californians are wondering when it will end....
https://knews.kathimerini.com.cy/en/news/last-king-of-greece-to-be-buried-as-a-private-citizen
Constantine, the former and last king of Greece, will be buried as a private citizen in Tatoi, the former summer residence of Greece’s royals and where his parents and ancestors are buried, the government said Wednesday....
https://knews.kathimerini.com.cy/en/business/exports-of-halloumi-at 1-34-billion-over-the-last-5-years
Halloumi exports have increased in recent years and are expected to peak in 2022. Data for the first nine months of 2022, i.e. up to September, show exports worth €227 million and an export volume of 32,000 tonnes. ...
https://knews.kathimerini.com.cy/en/news/home-prices-increased-5-3-in-3rd-quarter-of-2022
The House Price Index for the third quarter of 2022 registered an annual increase of 5.3% to 112.51 points, according to a preliminary estimate published by the Statistics Office on Tuesday....
https://knews.kathimerini.com.cy/en/news/man-murdered-for-a-mere-200-euros
The brutal murder of 61-year-old Dorotheos Dimitriadis on January 4 in Latsia by a group of people who beat him mercilessly has shocked the country....
https://knews.kathimerini.com.cy/en/news/cyprus-wrestles-with-decision-on-china-measures
Cypriot health officials are meeting on Tuesday to sift through data before deciding on possible COVID measures on travelers from China, but the task is made more difficult by criticism from a local expert and a new variant sweeping through the West...
https://knews.kathimerini.com.cy/en/business/npl-s-decreased-by-€32-million-to-€2-69-billion-in-october-2022
Non-performing loans (NPLs) at the end of October 2022 amounted to €2.69 billion, showing a decrease of €32 million compared to the previous month....
https://knews.kathimerini.com.cy/en/news/housing-water-and-energy-take-up-25-of-eu-household-expenses
In 2021, ‘Housing, water, electricity, gas and other fuels’ represented a quarter (25.0%) of EU household expenditure and 17.1% of household expenditure in Cyprus, according to Eurostat, the statistic service of the EU....
https://knews.kathimerini.com.cy/en/comment/opinion/looking-ahead-to-2023-house-prices-in-cyprus
The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing....
https://knews.kathimerini.com.cy/en/news/new-loans-up-despite-interest-rate-hike
Total new loans in November 2022 increased by €172.8m compared to the previous month, despite an increase in interest rates across all loan categories. ...
https://knews.kathimerini.com.cy/en/business/projects-in-excess of-€48-million-will-begin-in-the-first-quarter-of-2023
Projects worth more than €48 million will be tendered in the first quarter of the year under the Cyprus Tomorrow Plan, according to Government Spokesman Marios Pelekanos....
https://knews.kathimerini.com.cy/en/news/andreas-christou-s-disappearance-is-shrouded-in-mystery
The disappearance of 35-year-old wanted man Andreas Christou in connection with the attempted murder committed on December 4 in Oroklini, during which a 42-year-old man and a 6-year-old child were injured, is shrouded in mystery....
https://knews.kathimerini.com.cy/en/comment/opinion/the-2023-investment-chessboard
Today's data is completely different from what it was a year ago in terms of investment....
