https://knews.kathimerini.com.cy/en/news/inflation-slows-to-0-7-in-september-due-to-falling-oil-prices
Inflation hit a three-year low due to the fall in oil prices in September 2024, rising at a rate of 0.7%, according to data released by the Statistical Service on Thursday. The Consumer Price Index (CPI) in September 2024 increased by 0.38 units to 118.48 units compared to 118.10 units in August 2024....
https://knews.kathimerini.com.cy/en/news/house-prices-in-cyprus-rise-2-5-year-on-year-in-q2-2024
Τhe House Price Index for the second quarter of 2024 amounts to 112.86 units, according to preliminary estimate of the Statistical Service. Compared to the Index of the corresponding quarter of 2023, the Index increased by 2.5%.
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https://knews.kathimerini.com.cy/en/news/delays-continue-to-hit-gsp-square-nicosia-s-future-urban-hub
According to a report by Kathimerini's Dorita Yiannakou, Nicosia residents have been eagerly awaiting the completion of the city’s largest public square and green spaces, a redevelopment of the old GSP stadium that has been delayed by over a year....
https://knews.kathimerini.com.cy/en/news/greece-braces-for-uncontrolled-migration-amid-middle-east-crisis
Greece is bracing for a potential wave of uncontrolled migration, a concern highlighted during Wednesday’s meeting of the country’s National Security Council (KYSYEA)....
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-issues-its-annual-transparency-report-fostering-resilience-creating-enduring-value
Deloitte Cyprus issued its 13th Transparency Report covering the period from 1 June 2023 to 31 May 2024. ...
https://knews.kathimerini.com.cy/en/news/kedipes-extends-business-plan-to-2030-for-full-repayment-of-state-aid
The Cyprus Asset Management Company (KEDIPES) has extended its business plan by three years, pushing its timeline to 2030, with the goal of fully repaying the €3.54 billion in state aid received in 2018....
https://knews.kathimerini.com.cy/en/news/1-warm-days-ahead
A weak high-pressure system is affecting the region today, bringing mostly clear skies with the possibility of locally increased clouds in the afternoon....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-hike-mortgage-rates-as-new-loans-drop-by-a-third-in-august
Banks in Cyprus raised the interest rates on home loans in August, while reducing the interest rates offered on household deposits, according to data released by the Central Bank of Cyprus on Wednesday....
https://knews.kathimerini.com.cy/en/news/why-cyprus-is-not-at-risk-from-iran-s-ballistic-missiles
The recent escalation between Israel and Iran—marked by Tehran’s ballistic missile attack on Israel Tuesday night—and the ongoing conflict in Lebanon have raised concerns for the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/china-s-electric-vehicle-sales-plummet-in-europe-amid-eu-tariffs
Chinese automakers are seeing a sharp decline in electric vehicle (EV) sales across Europe, with sales figures dropping to their lowest in the past 18 months. ...
https://knews.kathimerini.com.cy/en/news/oil-prices-surge-4-after-iran-fires-missiles-at-israel
Oil prices surged nearly 4% on Tuesday following Iran's ballistic missile attacks on Israel, launched in retaliation for Israel’s campaign against Tehran’s Hezbollah allies in Lebanon....
https://knews.kathimerini.com.cy/en/news/new-chief-and-deputy-chief-of-police-sworn-in-amid-calls-for-action
The confirmation ceremony for the new Chief of Police, Themistos Arnaoutis, and Deputy Chief of Police, Panikos Stavrou, took place today at the Presidential Palace, with President Nikos Christodoulides and other government officials in attendance....
https://knews.kathimerini.com.cy/en/business/cyprus-credit-rating-upgrade-a-boon-for-investors-but-what-about-citizens
Cyprus has recently received good news from the credit rating agency Capital Intelligence (CI), which upgraded the country’s credit ratings, according to Kathimerinni's Dorita Yiannakou. ...
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-revenue-rises-to-€474-million-in-july
Tourism revenue in Cyprus grew by €19.4 million in July 2024, reaching €474.0 million, an increase of 4.3% compared to €454.6 million in July 2023, according to the results of the Passenger Survey carried out by the Statistical Service....
https://knews.kathimerini.com.cy/en/news/larnaca-airport-checks-98-of-passengers-in-under-10-minutes
During the months of July and August, 98.9% and 97.8% of passengers, respectively, have been served at security checks in less than 10 minutes, at Larnaca airport while at the passport control points at departures......
https://knews.kathimerini.com.cy/en/news/cyprus-braces-for-migrant-surge-as-war-in-lebanon-intensifies
A year after hostilities erupted in Israel, the conflict has now expanded to Lebanon, reigniting fears about the stability of the Middle East....
https://knews.kathimerini.com.cy/en/news/temperatures-rise-to-32°c-inland-cooler-on-the-coast
A weak low-pressure system is affecting the area, bringing occasional strong winds and isolated showers....
https://knews.kathimerini.com.cy/en/news/electricity-subsidies-and-zero-vat-on-essentials-to-end-on-october-1st
The Ministry of Finance announced today that starting October 1, 2024, it will stop the staggered electricity subsidy and the zero VAT rate on basic goods. These measures were designed to help households deal with rising costs of living....
https://knews.kathimerini.com.cy/en/news/public-sector-salaries-to-increase-by-1-5-costing-€52-7-million
A proposed 1.5% pay raise for public sector employees in Cyprus will cost the state about €52.7 million over the next two years. This increase is set to start on October 1, 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-have-€28-7-billion-in-cash-and-liquidity
The amount of liquidity in Cyprus's banking system rose to €28.7 billion in August 2024, according to the Central Bank of Cyprus (CBC). This increase was fueled by a growth in deposits alongside a decline in loans....
https://knews.kathimerini.com.cy/en/news/traffic-lights-coming-to-latsia-geri-roundabout
New traffic lights will soon be set up at the Latsion-Geriou roundabout, located near Nicosia General Hospital. This change is in response to increased traffic expected from the opening of the JUMBO store and new businesses in the area....
https://knews.kathimerini.com.cy/en/business/tighter-lending-rules-for-businesses-while-household-loans-remain-steady
Cypriot banks made it harder for businesses to get loans in the second quarter of 2024, while lending rules for households stayed the same, according to a new survey by the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/news/cypriots-flock-to-greece-and-europe-for-october-holidays
In a report by Kathimerini's Anna Polyviou, it seems that Cypriots are already planning their next leisure trips for the 1st and 28th of October, with many taking advantage of the extended weekends for short getaways abroad....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-decline-in-use-of-online-government-services
In 2023, Cyprus reported that only 66% of its citizens accessed government websites for online services, according to data from Eurostat, the statistical service of the European Union....
https://knews.kathimerini.com.cy/en/news/education-minister-calls-for-mobile-phone-ban-over-gambling-worries
Due to worries about students getting involved in online gambling during school breaks, Education Minister Athena Michaelidou is calling for a ban on mobile phones in secondary schools....
https://knews.kathimerini.com.cy/en/comment/opinion/businesses-in-cyprus-can-benefit-economically-from-policies-for-fewer-cars
Cities worldwide are increasingly adopting pedestrian-friendly and bicycle-friendly policies, amid growing concerns over the climate crisis and the need to reduce air and noise pollution. ...
https://knews.kathimerini.com.cy/en/news/clear-skies-with-afternoon-showers
A weak low-pressure system is affecting the region....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shares-surge-4-6-on-first-day-back-in-athens
Bank of Cyprus shares surged on their first day of trading at the Athens Exchange, reaching €5.00, marking a notable return to the Greek financial market after seven years....
https://knews.kathimerini.com.cy/en/news/nicosia-roads-turned-to-rivers-as-storms-hit-the-island
A yellow warning for severe thunderstorms has been issued by The Weather Service, effective from 12:00 BST and lasting until 18:00 this afternoon....
https://knews.kathimerini.com.cy/en/news/cyprus-needs-new-strategy-to-grow-winter-tourism
According to an article written by Dorita Yiannakou in this Sunday's Kathimerini, this year has been a steady one for winter tourism in Cyprus, showing the sector’s strength despite various regional challenges....
