https://knews.kathimerini.com.cy/en/news/spain-to-end-golden-visa-scheme-for-real-estate-investment
Spain's Prime Minister, Pedro Sanchez, announced the discontinuation of the ''golden visa'' scheme, which grants residency rights to foreigners investing in real estate....
https://knews.kathimerini.com.cy/en/news/deloitte-reveals-steady-surge-in-cyprus-real-estate-transactions
Deloitte issued the Cyprus Real Estate Review, which presents an in-depth analysis of the real estate market in 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-president-returns-from-lebanon-with-promises-fulfilled
President Nikos Christodoulides' whirlwind journey to Beirut has drawn to a close, yet the true test of its impact lies on the horizon, amidst the waves. ...
https://knews.kathimerini.com.cy/en/news/hail-and-isolated-thunderstorms-today
We have a fascinating weather scenario unfolding as a low-pressure system moves slowly eastward from the south of Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-migration-crisis-amid-infrastructure-strain
Cyprus is facing a mounting migration crisis as data obtained by K on Thursday reveals a surge in illegal immigrant arrivals, straining the government's resources and raising concerns about a humanitarian emergency....
https://knews.kathimerini.com.cy/en/news/boeing-s-engine-cowling-detaches-mid-takeoff-strikes-wing
US airline regulators have launched an investigation after an engine cowling on a Boeing plane fell off during takeoff and struck the wing flap, the latest in a series of safety problems facing the aircraft manufacturer.
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https://knews.kathimerini.com.cy/en/news/cyprus-records-€575-5-million-in-new-loans
Cyprus recorded a significant increase in total new loans in February, reaching €575.5 million, up from €462.7 million in the previous month. This surge was primarily driven by a notable rise in loans granted to companies, totalling approximately €130 million, according to data released by the Central Bank of Cyprus (CBC).
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https://knews.kathimerini.com.cy/en/news/cyprus-president-engages-lebanon-over-migrant-surge
President of the Republic of Cyprus Nikos Christodoulides departs for Lebanon on Monday for meetings with the country's leadership on the increased flow of irregular Syrian migrants from the country to Cyprus.
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https://knews.kathimerini.com.cy/en/news/retail-turnover-surges-by-5-8-in-february-2024
The Turnover Value Index of Retail Trade for February 2024 surged by 5.8% compared to the same period the previous year, according to data released by the Statistical Service of Cyprus.
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https://knews.kathimerini.com.cy/en/news/us-accelerates-gaza-aid-efforts-with-amalthea-plan
American efforts are underway to construct a temporary dock in Gaza, according to diplomatic sources cited by the Cyprus News Agency on Friday. The project, part of the Amalthea Plan, is expected to be completed within 15 days, these sources revealed....
https://knews.kathimerini.com.cy/en/news/apple-s-plan-for-smart-home-robots-unveiled
Apple is currently working on a venture into household robots, which might become the company's "next big thing" after the Vision Pro headset and having abandoned its decades-long effort to develop a self-driving electric automobile.
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https://knews.kathimerini.com.cy/en/news/olive-oil-jumps-61-7-in-march-2024
In March 2024, the price of olive oil surged by 61.7% compared to the same period in 2023, as reported by the Cyprus Consumers Association....
https://knews.kathimerini.com.cy/en/news/israel-suspends-combat-unit-leave-amid-iran-s-threat-of-revenge
Israel has suspended leave for combat units and increased its air defense readiness due to potential missile or drone threats from Iran. This action comes after senior Revolutionary Guard commanders were killed in a Syrian airstrike earlier this week....
https://knews.kathimerini.com.cy/en/news/christodoulides-heads-to-lebanon-to-address-migrant-influx
Cyprus President Nikos Christodoulides is traveling to Lebanon on Monday to discuss the increased arrivals of migrants. He said once more that the situation was difficult but assured that “we will deal with it”....
https://knews.kathimerini.com.cy/en/news/saturday-showers-and-thunderstorms
A low-pressure system is affecting the region today, bringing mostly sunny skies with occasional local cloudiness. Initially, winds will be light and variable, around 3 on the Beaufort scale......
https://knews.kathimerini.com.cy/en/news/audit-exposes-serious-issues-in-collecting-unpaid-taxes-in-cyprus
An audit report from the Tax Department for 2022 has uncovered a staggering accumulation of over €2.5 billion in arrears, with €1 billion considered unsecure due to delays in necessary measures, the Audit Service revealed....
https://knews.kathimerini.com.cy/en/news/home-prices-show-mixed-trends-in-latest-quarter
In the latest findings released by the Statistical Service, the House Price Index (HPI) has shown a mixed pattern in the fourth quarter of 2023....
https://knews.kathimerini.com.cy/en/news/ft-google-explores-charging-for-ai-search-enhancements
Google is contemplating charging for new "premium" features powered by generative artificial intelligence (AI) in its search business, marking a significant shift. The proposed revamp, aimed at its search engine, would be the first time the tech giant has put any of its core products behind a paywall....
https://knews.kathimerini.com.cy/en/news/authorities-stumped-on-declared-cash
The question of the whereabouts of over 90 million euros in cash allegedly spent by travelers arriving in Cyprus through Larnaca and Paphos airports in the last 15 months remains unanswered by competent state authorities....
https://knews.kathimerini.com.cy/en/news/cyprus-seeks-eu-aid-amid-migration-surge
In response to increased migration flows, particularly from Syrians in Lebanon, Cyprus urges EU aid for Lebanon and steps up surveillance to prevent boat departures, Interior Minister Constantinos Ioannou reports....
https://knews.kathimerini.com.cy/en/news/clearing-skies-and-calm-seas-ahead
Today, expect mainly clear skies, with some localized low clouds possible, mainly in southeastern areas. ...
https://knews.kathimerini.com.cy/en/news/president-christodoulides-pushes-forward-with-gaza-humanitarian-efforts
Our goal is not only to continue but also to increase humanitarian aid to Gaza, President of the Republic Nikos Christodoulides said in his statements on Tuesday, before an event of Anorthosis sports club on the anniversaries of March 25 and April 1 in Larnaca.
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https://knews.kathimerini.com.cy/en/news/cyprus-braces-for-impact-as-over-3-000-migrants-hit-record-highs
The recent promising developments in the realm of migration patterns may soon be relegated to history if proactive measures aren't swiftly implemented to address the recent surge in arrivals.
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https://knews.kathimerini.com.cy/en/news/cyprus-sees-6-2-increase-in-average-monthly-earnings-for-q4-2023
The average gross monthly earnings of employees in Cyprus during the fourth quarter of 2023 saw a notable increase compared to the same period in 2022, according to provisional data released by the Statistical Service of Cyprus on Tuesday....
https://knews.kathimerini.com.cy/en/business/cablenet-breaks-the-10-market-share-barrier-in-mobile-contract-subscriptions
The market share report published by the Office of the Commissioner for Electronic Communications and Postal Regulation (OCECPR) for the Electronic Communications market until the end of 2023 was fully aligned with Cablenet's 2023 financial performance....
https://knews.kathimerini.com.cy/en/news/gasoline-prices-rise-across-cyprus-provinces-after-subsidy-removal
Following the elimination of the 8.3-cent subsidy per liter on April 1st, increases in the average price of 95-octane gasoline have been observed in the provinces of Limassol, Nicosia, and Famagusta, with the exception of Paphos, where the price only rose by 8 cents....
https://knews.kathimerini.com.cy/en/business/employers-call-for-tax-reform-to-spur-economic-growth
Employers are advocating for a comprehensive overhaul of the tax system, proposing significant changes aimed at boosting economic activity and competitiveness. Here's a breakdown of their proposals:...
https://knews.kathimerini.com.cy/en/news/200-brits-rejected-daily-due-to-passport-rules
Simon Calder, a travel correspondent at the Independent, highlights a concerning trend: approximately 200 UK nationals face rejection at EU airports......
https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-holds-1-buffer-rate-to-safeguard-banks
The Central Bank of Cyprus (CBC) has maintained the countercyclical buffer (CCyB) rate to be observed by commercial banks at 1%, with effect as of June 2, 2024....
https://knews.kathimerini.com.cy/en/news/banks-february-deposits-rise-by-€65-4-million
Total deposits in February recorded a significant net increase by €65.4 million following a decrease of €366.0 million in the previous month......
