https://knews.kathimerini.com.cy/en/news/cyprus-faces-deceleration-amid-inflation-and-rising-rates
Cyprus' economy experienced a slowdown in the second quarter of 2023, prompting inquiries about the situation. According to the preliminary estimate provided by the Statistical Service, ...
https://knews.kathimerini.com.cy/en/news/uk-inflation-dips-to-17-month-low
UK inflation eased to a 17-month low in July, official data showed Wednesday, though it also revealed that prices of services, such as haircuts, hotels and restaurants, increased at a faster pace than the previous month.
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https://knews.kathimerini.com.cy/en/news/clear-conditions-expected-today
The Meteorology Department has sounded a double warning for exceptionally high temperatures, urging residents to take precautions as a heatwave grips the region. ...
https://knews.kathimerini.com.cy/en/news/poland-s-big-parade-shows-readiness
Poland held its largest military parade in decades on Tuesday, in a flex of defensive muscle that comes as tensions rise on the border between the NATO nation and key Russian ally Belarus....
https://knews.kathimerini.com.cy/en/news/russia-north-korea-weapon-deal-may-breach-un-resolutions
The United States stated today that Russia would violate UN resolutions if it reaches an agreement on weapons with North Korea, following Moscow and Pyongyang expressing support for enhanced cooperation....
https://knews.kathimerini.com.cy/en/business/cabinet-to-decide-on-flexible-working-in-cyprus-public-sector
The Council of Ministers is poised to make a decision regarding proposed flexible working arrangements in the public sector this August, according to Maria Kleanthous, First Officer and Head of the Human Resources Management and Labour Relations Section of the Department of Public Administration and Personnel. The move comes as part of the implementation of the Recovery and Resilience Plan, with a target completion date set for the close of 2024....
https://knews.kathimerini.com.cy/en/news/battling-medicine-shortages-head-on
Recommendations to pharmaceutical companies to increase their production capacity of antibiotics for the treatment of respiratory infections, and to EU member states not to stockpile them at the expense of their general availability in Europe, were addressed by the European Health Emergency Preparedness and Response Authority (HERA) ahead of the winter....
https://knews.kathimerini.com.cy/en/news/double-warning-for-severe-heatwave
As a scorching heatwave tightens its grip on the region, local authorities are taking precautionary measures to ensure the safety and well-being of residents. ...
https://knews.kathimerini.com.cy/en/business/sweet-success-as-cyprus-ice-cream-exports-trend-upward
Ice cream exports from Cyprus to non-EU countries have been increasing in the past four years, but remained far from quantities exported in previous years, while at the same time, imports from non-EU countries have been reducing, according to data released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/cyprus-celebrates-dormition-of-the-virgin-mary-amidst-heatwave
Cyprus celebrates on Tuesday the Dormition of the Virgin Mary, a religious and bank holiday, amidst a heatwave, with many flocking to the beach or mountain resorts, and with authorities issuing warnings about increased traffic in some areas, and overcrowded picnic sites....
https://knews.kathimerini.com.cy/en/news/russia-implements-bold-rate-hike-amidst-economic-challenges
Russia's central bank took swift action today, increasing its key interest rate by 350 basis points from 8.5 percent to 12 percent. This urgent move aimed to counteract the recent decline of the ruble, which was triggered by the Kremlin's call for stricter monetary policy....
https://knews.kathimerini.com.cy/en/news/migrant-and-refugee-border-crossings-down-29
The number of detections of irregular border crossings by migrants and refugees at EU’s external borders declined by 29% in the first seven months of 2023 compared to the same period last year, according to preliminary calculations published by Frontex....
https://knews.kathimerini.com.cy/en/news/gunpoint-robberies-follow-maui-wildfires
Desperate survivors in Lahaina are robbing people at gunpoint as they wait for food and shelter in the aftermath of the Maui wildfires, Hawaiian locals said....
https://knews.kathimerini.com.cy/en/comment/opinion/tourism-s-dynamic-future-adapting-to-change-from-within
It's something we've heard many times from tourism authorities, that 2019 should no longer be used as a point of reference for tourism....
https://knews.kathimerini.com.cy/en/news/cyprus-tourism-up-32-upbeat-outlook
Tourism in Cyprus has recorded a 32% increase this year compared to last year, according to Deputy Minister of Tourism Kostas Koumis....
https://knews.kathimerini.com.cy/en/news/euroasia-interconnector-loan-denied-by-european-investment-bank
The European Investment Bank will not approve a loan for financing the electricity interconnection project between Cyprus, Greece, and Israel through the EuroAsia Interconnector, as confirmed by a representative from the EIB in an interview with "K" magazine....
https://knews.kathimerini.com.cy/en/news/downward-spiral-continues-in-gov-t-employment-as-casual-staff-numbers-rise
Government employment trends continued their downward trajectory in July, impacting all categories of permanent personnel. Concurrently, there has been an uptick in the recruitment of casual staff....
https://knews.kathimerini.com.cy/en/news/us-suicide-rates-surge-to-record-high-prompting-concern
About 49,500 people took their own lives last year in the U.S., the highest number ever, according to new government data posted Thursday....
https://knews.kathimerini.com.cy/en/business/cyprus-spends-more-on-imports-trade-gap-widens
The trade deficit in the first half of 2023 increased by approximately €574 million compared to the same period last year, even though imports significantly dropped in May and June of 2023 when compared to 2022....
https://knews.kathimerini.com.cy/en/news/record-surge-in-loan-renegotiations-amidst-rising-interest-rates
Loan renegotiation in the Cyprus banking system spiked to record levels in the first half of 2023, driven mainly by the repeated interest rate hikes by the European Central Bank (ECB) in its effort to tackle soaring inflation....
https://knews.kathimerini.com.cy/en/news/electrifying-cyprus-only-2-5k-evs-drive-the-change
A total of 26,462 vehicles have been registered with the Department of Road Transport between January and July 2023, according to the most recent data released by the Department of Statistics. Out of the overall new registrations, 701 were electric vehicles, with 502 of them being private saloon cars....
https://knews.kathimerini.com.cy/en/news/rising-temperatures-and-clear-skies-ahead
Good morning, Cyprus! As we step into Thursday (10/8), get ready for temperatures to climb to 38 degrees. The Meteorological Service predicts that the region is currently under the influence of seasonal low pressure....
https://knews.kathimerini.com.cy/en/news/cyprus-vet-services-doles-out-feline-coronavirus-medications
Feline Infectious Peritonitis (FIP), a virus-induced ailment that exclusively affects cats, has raised concerns within the veterinary community. A particular strain of the coronavirus causes FIP, leading to a progressive illness that ultimately results in the cat's demise....
https://knews.kathimerini.com.cy/en/business/2022-marks-best-real-estate-year-in-14-years
DANOS, a prominent real estate consulting agency, hails 2022 as a remarkable year for Cyprus real estate, breaking through the economic challenges and awakening from the post-COVID stagnation. ...
https://knews.kathimerini.com.cy/en/news/londoners-at-risk-as-average-rents-could-surge-to-£2-700-month-next-year
Average rental costs in London may soar to £2,700 per month next year, new figures from City Hall suggest....
https://knews.kathimerini.com.cy/en/business/boc-reports-€220-million-profit-for-first-half-of-2023
Bank of Cyprus Group has reported a robust profit after tax of €220 million for the first half of 2023, a significant leap from the €43 million recorded in the same period of 2022. Notably, €125 million of these profits were achieved in the second quarter of 2023....
https://knews.kathimerini.com.cy/en/news/high-stakes-clash-over-official-s-credentials
A simmering dispute within Cyprus' Ministry of Health between Minister Popi Kanari and Director General Christina Giannakis has garnered increased attention,...
https://knews.kathimerini.com.cy/en/news/expect-clear-skies-gentle-winds-and-gradual-temperature-changes
Today, we're looking at mostly clear skies, although there might be some low clouds initially. ...
https://knews.kathimerini.com.cy/en/business/cbc-bounced-checks-decline-continue-to-decline
A total of 36 bounced checks, amounting to €112,717, were issued in July 2023. These checks involve 18 entities, consisting of 11 legal entities and 7 individuals. ...
https://knews.kathimerini.com.cy/en/news/cyprus-advances-in-us-visa-waiver-but-challenges-persist
Robert Paschall, Principal Deputy Assistant Secretary for International Affairs at the US Department of Homeland Security, recently visited Cyprus and discussed the country's aspirations to join the Visa Waiver Program (VWP)....
