https://knews.kathimerini.com.cy/en/news/1-rain-and-thunderstorms-expected
Today's forecast calls for mostly clear skies across much of the island, though residents in northeastern areas may see patches of increased cloud cover, with a chance of isolated showers....
https://knews.kathimerini.com.cy/en/news/cypriot-residents-travel-spending-hits-€2-23-billion-in-2023
Total travel spending by Cypriot residents, both within Cyprus and abroad, reached €2.23 billion in 2023, marking an 8.4% increase from 2022....
https://knews.kathimerini.com.cy/en/news/rising-rents-in-cyprus-causing-a-burden-for-middle-class-families
In an interesting article written by Kathimerini's Panayiotis Rougalas, the Cypriot government has launched programs aimed at addressing the country’s severe housing crisis, but high rent prices across Cyprus continue to stretch the budgets of most households, especially for middle and lower-middle-income families....
https://knews.kathimerini.com.cy/en/news/are-you-a-flamingo-in-disguise-time-to-test-your-one-legged-skills
A new study suggests that the ability to balance on one leg can be a significant indicator of health for individuals aged 50 and older. Researchers found......
https://knews.kathimerini.com.cy/en/news/dust-rain-and-winds-ahead
A weak low-pressure system is forecasted to affect Cyprus beginning Friday, bringing diluted dust across the region and intermittent strengthening of winds through Saturday.
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https://knews.kathimerini.com.cy/en/life/from-cyprus-to-paris-antonis-avouris-named-france-s-best-young-chef
Earlier this month, 27-year-old Cypriot chef Antonis Avouris made headlines after winning the prestigious San Pellegrino Young Chef award for the French region. ...
https://knews.kathimerini.com.cy/en/news/euronet-remains-only-bidder-in-delayed-jcc-payment-systems-sale
The process for the sale of JCC Payment Systems, which began confidentially over the summer, appears to have hit a "snag," with Euronet as the only prospective buyer.
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https://knews.kathimerini.com.cy/en/business/double-premiere-to-mark-25th-anniversary
For the track and the road: The new 911 GT3 and 911 GT3 with Touring package
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https://knews.kathimerini.com.cy/en/business/cyprus-to-launch-national-sanctions-unit
Cyprus is set to establish a new National Sanctions Implementation Unit (NSIU) in the coming year, aiming to improve how financial sanctions are enforced in the country....
https://knews.kathimerini.com.cy/en/news/new-eu-rules-open-cyprus-s-troubled-loan-market-to-foreign-investors
In a move that could reshape Cyprus's financial landscape, Parliament recently passed a European Directive that makes it easier for foreign investors to buy non-performing loans (NPLs) in the country....
https://knews.kathimerini.com.cy/en/news/increase-in-missing-minors-from-cyprus-juvenile-homes-raises-alarms
Cyprus is grappling with a steady rise in cases of minors disappearing from juvenile homes, a long-standing issue of national welfare policy....
https://knews.kathimerini.com.cy/en/news/sunny-skies-seasonal-temps-expected-this-week
Today’s forecast calls for mostly clear skies across Cyprus, with light, variable winds shifting to marine breezes at around 3 Beauforts by afternoon.
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https://knews.kathimerini.com.cy/en/news/eu-pushing-for-economic-ties-with-turkey-but-where-does-that-leave-cyprus
According to Kathimerini's Pavlos Xanthoulis, Brussels and Berlin are working to upgrade the Turkish Customs Union, viewing it as a pathway to strengthen economic ties with Turkey. ...
https://knews.kathimerini.com.cy/en/business/norway-s-billion-dollar-man-says-americans-just-work-harder-than-europeans
Norway’s ''billion-dollar man'' Nicolai Tangen, who manages Norway’s $1.6 trillion sovereign wealth fund, says America’s success over Europe comes down to one simple factor: Americans work harder....
https://knews.kathimerini.com.cy/en/news/germany-€60-billion-budget-shortfall-rocks-europe-s-largest-economy
Germany’s tax revenues are projected to fall nearly €60 billion short of earlier expectations over the next five years, intensifying budget challenges for Chancellor Olaf Scholz’s government and straining the already fragile three-party coalition....
https://knews.kathimerini.com.cy/en/news/clocks-fall-back-but-the-debate-over-daylight-saving-time-ticks-on
As clocks across Cyprus and much of Europe turned back an hour early Sunday, the annual ritual of falling back once again sparked the question: Is it time to let go of daylight saving time?...
https://knews.kathimerini.com.cy/en/business/paphos-airport-will-expand-to-boost-capacity-and-modernize-facilities
Hermes Airports has submitted a proposal to expand Paphos Airport to better accommodate rising passenger numbers and bring facilities up to modern standards....
https://knews.kathimerini.com.cy/en/news/using-ai-to-steal-your-homes-from-under-your-nose
The rise of artificial intelligence (AI) is changing the game for real estate scams, making it easier for criminals to pull off tricky schemes like deed theft....
https://knews.kathimerini.com.cy/en/news/cbc-urges-banks-to-show-social-responsibility-despite-sector-s-strength
The Central Bank of Cyprus (CBC) released its annual Financial Stability Report for 2023 on Tuesday, indicating that the financial sector is overall strong and capable of handling unexpected challenges. ...
https://knews.kathimerini.com.cy/en/news/cyprus-and-u-s-launch-historic-strategic-dialogue-to-strengthen-bilateral-ties
Nicosia and Washington are forming a concrete footprint for deepening their bilateral relations at the strategic level with the first-ever CY-US Strategic Dialogue launched today. ...
https://knews.kathimerini.com.cy/en/news/hezbollah-leader-in-waiting-killed-in-israeli-airstrike
Hezbollah has confirmed the death of Hashem Safieddine, a high-ranking official and heir apparent to its current leader Hassan Nasrallah, following an Israeli airstrike.
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https://knews.kathimerini.com.cy/en/news/putin-urges-dollar-ditch-but-asks-summit-guests-for-dollars-and-euros
Russian President Vladimir Putin is leading efforts to reduce global reliance on the US dollar by promoting "de-dollarization" at a summit with over 20 world leaders. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shareholders-moving-at-different-speeds
CarVal Investors recently sold 3% of its 9.09% stake in Bank of Cyprus, sparking speculation that other shareholders may follow suit and sell their shares....
https://knews.kathimerini.com.cy/en/business/cyprus-surpasses-pre-pandemic-financial-levels-with-growing-surplus
Cyprus is bouncing back from recent economic challenges, with its financial health improving dramatically. Current fiscal surpluses now exceed what they were before the pandemic, thanks to a significant increase in revenue....
https://knews.kathimerini.com.cy/en/comment/opinion/cypriot-banks-sending-loans-abroad-a-growing-risk
Yesterday, I had a conversation with someone who truly understands banking—probably more knowledgeable than many who think they do....
https://knews.kathimerini.com.cy/en/news/1-imf-raises-cyprus-growth-forecast-for-2024
The International Monetary Fund (IMF) has raised its forecast for Cyprus's economic growth in 2024 from 2.7% to 3.3%. This updated prediction comes from the IMF's October World Economic Outlook report released on Tuesday....
https://knews.kathimerini.com.cy/en/business/spike-in-suspicious-transactions-as-cyprus-freezes-over-€25-million-in-illicit-assets
Reports of suspicious transactions in Cyprus have risen sharply in 2023, reaching levels similar to those in 2021, as per a story by Kathimerini's Dorita Yiannakou....
https://knews.kathimerini.com.cy/en/news/finance-minister-stands-firm-on-economic-stability-amid-rising-pressures
In a recent interview with Andreas Kimitris, Cyprus Finance Minister Makis Keravnos spoke candidly about his firm stance on the country’s economic stability. ...
https://knews.kathimerini.com.cy/en/news/public-sector-salaries-to-increase-by-1-5-starting-october-2024
Cyprus' House of Representatives has passed an agreement between the government and trade unions to implement a general 1.5% wage increase for public......
https://knews.kathimerini.com.cy/en/news/record-tourist-numbers-for-2024-slightly-surpassing-pre-pandemic-levels
Tourist arrivals in Cyprus reached 3.27 million between January and September 2024, marking a 4.2% increase compared to the same period in 2023, according to data from the Statistical Service of Cyprus (Cystat)....
