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......
https://knews.kathimerini.com.cy/en/news/halloumi-wins-reprieve-as-eu-grants-five-year-transition-period
Cyprus' iconic Halloumi cheese remains a protected designation of origin (PDO) after the European Union granted a crucial five-year grace period to comply with production specifications....
https://knews.kathimerini.com.cy/en/news/cyprus-industrial-output-soars-with-4-2-surge
Cyprus’ Industrial Production Index surged to 99.5 units (base year 2021=100), marking an annual increase of 4.2% compared to the same period in 2023, according to data released on Thursday by the Statistical Service of Cyprus.
...
https://knews.kathimerini.com.cy/en/news/cyprus-maritime-sector-advances-amidst-ambitious-goals
''Without a doubt, we take pride in the achievements of the past 60 years. Our ambition is to set even higher targets and strengthen the competitiveness of Cypriot shipping,...
https://knews.kathimerini.com.cy/en/news/how-russia-defies-sanctions-with-its-secret-gas-fleet
Moscow's response to Western sanctions on the Russian gas industry has revealed a strategic shift in its approach, with the creation of a 'shadow fleet' of liquefied natural gas (LNG) carriers. ...
https://knews.kathimerini.com.cy/en/news/russian-oil-payments-delayed-amid-sanctions-scrutiny
Russian oil companies are facing significant delays in receiving payments for crude and fuel as banks in China, Turkey, and the United Arab Emirates (UAE) exercise increased caution over potential U.S. secondary sanctions, according to eight sources familiar with the matter....
https://knews.kathimerini.com.cy/en/news/finance-ministry-to-shield-vulnerable-homes-from-price-hikes
The forthcoming measures are set to target specific areas, not just spread thinly across the board, in the fight against rising prices....
https://knews.kathimerini.com.cy/en/news/cyprus-grapples-with-€80-million-surge-in-state-budget-deficit-for-2023
The state budget deficit for 2023 increased by €80 million compared to the deficit recorded in 2022, according to the Fiscal Report of the Republic of Cyprus for 2023, submitted to the House of Representatives....
https://knews.kathimerini.com.cy/en/news/government-mulls-support-extension-amidst-rising-costs
The Council of Ministers convenes on Thursday for an extraordinary session to approve a new package of targeted measures to alleviate pressures from price hikes....
https://knews.kathimerini.com.cy/en/business/business-loans-drop-home-loans-steady
The Central Bank of Cyprus reported on Wednesday that the net demand for corporate loans continued to decrease in the last quarter of 2023, marking a consistent downward trend since the first quarter of 2022, although at a slower pace than anticipated earlier in the year....
https://knews.kathimerini.com.cy/en/news/cyprus-coastlines-awash-with-mesmerizing-jellyfish-spectacle
The coastal waters of Cyprus have been graced with a mesmerizing spectacle as jellyfish sightings surge, captivating onlookers and prompting insights into their increased presence.
...
https://knews.kathimerini.com.cy/en/news/cyprus-us-collaboration-accelerates-gaza-dock-for-urgent-aid-delivery
Update on Progress of Temporary Dock Construction in Gaza Coastal Areas for Humanitarian Aid Boost Discussed by US Ambassador to Cyprus....
https://knews.kathimerini.com.cy/en/business/cyprus-braces-for-soaring-fuel-prices
Cyprus braces for a significant hike in motor fuel prices by mid-April, with increases of 10 cents per liter expected to impact consumer spending across the island nation, according to a report by Kathimerini's Maria Eraclous....
https://knews.kathimerini.com.cy/en/news/tractors-block-streets-with-beets-and-manure-in-eu-protest
Farmers threw beets, sprayed manure at police and set hay alight on Tuesday as hundreds of tractors again sealed off streets close to the European Union headquarters, where agriculture ministers sought to ease a crisis that has led to months of protests across the 27-member bloc....
https://knews.kathimerini.com.cy/en/business/peek-into-february-2024-s-hottest-real-estate-deals
Ask Wire, a company blending real estate expertise with technology, has compiled and published data on the 10 most expensive real estate transactions completed in February 2024 and the total value of the top 10 sales by province....
https://knews.kathimerini.com.cy/en/news/small-farms-dominate-85-of-eu-agricultural-aid
Farmers with small farms constitute more than 85% of the beneficiaries of Common Agricultural Policy subsidies in Cyprus, Minister for Maria Panayiotou said in her intervention......
https://knews.kathimerini.com.cy/en/news/security-alert-issued-for-us-citizens-in-france-following-moscow-attack
The American embassy in Paris has issued a security alert for U.S. citizens in France in the wake of last week's terrorist attack in Moscow....
https://knews.kathimerini.com.cy/en/news/police-intensify-efforts-with-two-month-crime-operation
The Cyprus Police have initiated a two-month operation spanning the entire island, aimed at conducting coordinated operations and systematic checks for crime prevention and combat, as stated by Police Spokesperson Christos Andreou to CNA.
...
https://knews.kathimerini.com.cy/en/news/cyprus-and-us-forge-anti-financial-crime-alliance
The Republic of Cyprus and the United States of America have announced a significant cooperation initiative aimed at enhancing the ROC's capabilities to combat illicit finance....
https://knews.kathimerini.com.cy/en/news/european-commission-flags-trade-risks-for-cyprus-economy
The Cypriot economy is on a sound footing due to solid economic growth and declining inflation, but its high integration with EU and non-EU economies make geopolitical and trade tensions......
https://knews.kathimerini.com.cy/en/news/dusty-skies-and-rising-heat
Get ready for a weather rollercoaster in the region, folks! While a weak low-pressure system holds sway for now, brace yourselves for a temporary spike in high pressure starting tomorrow. ...
https://knews.kathimerini.com.cy/en/news/archbishop-georgios-in-k-the-scandal-rocking-the-church-of-cyprus
In an interview with ''K,'' Archbishop George assures that efforts are being made to fully clarify the case of the Monastery of Saint Avvakum, which is causing turmoil within the Church. ...
https://knews.kathimerini.com.cy/en/news/chinese-ambassador-stresses-cooperation-for-vasiliko-lng-success
The main body of the Vassiliko LNG project could be completed at the end of 2024 or early in 2025, as long as various parties can truly work together with......
https://knews.kathimerini.com.cy/en/news/cyprus-ends-fuel-tax-break-prices-set-to-spike-from-april-1st
Starting April 1st, the reduced consumption tax on fuels (95-octane gasoline and diesel) will come to an end, reverting to 8.3 cents per liter for gasoline and 6.3 cents per liter for heating oil....
