https://knews.kathimerini.com.cy/en/news/cyprus-inflation-drops-from-10-6-to-2-4
The annual inflation rate in Cyprus was 2.4% in July 2023 (dropping from 2.8% in June 2023 and from 10.6% in July 2022), while also dropping to 5.3% in the eurozone (from 5.5% in June and 8.9% in July 2022), and to 6.1% in the EU (from 6.4% in June and 9.8% last year), according to figures published by Eurostat, the statistical office of the European Union....
https://knews.kathimerini.com.cy/en/news/stolen-luxury-watches-valued-over-$1-3-billion
Luxury watches valued at over $1.3 billion have been reported as stolen or lost, and their number is rising due to increased resale prices in the secondary market....
https://knews.kathimerini.com.cy/en/news/nurse-found-guilty-of-serial-infant-murders
A nurse has been found guilty of murdering seven babies and attempting to murder six other infants while working on a hospital's neonatal unit between June 2015 and June 2016....
https://knews.kathimerini.com.cy/en/news/cost-of-living-up-as-prices-show-increase-of-2-4-in-a-year
In an announcement on its official website, CyStat shared that the cost of living, or how much things cost, has gone up in Cyprus.
...
https://knews.kathimerini.com.cy/en/news/cyprus-corruption-figures-return-to-court
On September 12, 2023, the four accused individuals will once again appear before the Nicosia District Court in Cyprus....
https://knews.kathimerini.com.cy/en/business/investment-fund-assets-surge-by-almost-€1-billion-in-2023
Total assets of investment funds in Cyprus increased almost by a billion in June 2023 compared to December 2022....
https://knews.kathimerini.com.cy/en/news/eu-s-solar-climb-to-2030-green-triumph
The rapid expansion of solar power is propelling most EU countries toward achieving their 2030 renewable energy goals ahead of schedule, according to new data. This development is boosting optimism in global emission reduction efforts....
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/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/gdp-alert-economic-storm-brewing
Former Minister of Finance, Konstantinos Petrides, comments on the GDP results for the 2nd quarter with five observations....
https://knews.kathimerini.com.cy/en/news/new-covid-vaccine-meets-eris-variant-challenge
A new COVID vaccine is due out next month, but health experts and analysts say it is likely to be coolly received even as hospitalizations from "Eris", a variant of the Omicron form of the coronavirus, rise around the country....
https://knews.kathimerini.com.cy/en/news/nicosia-s-bid-for-eu-involvement-in-the-cyprus-issue-met-with-restraint
A confidential source within the EU headquarters has disclosed to K that Nicosia had made appeals to both Brussels and Berlin for the appointment of an EU representative since last June....
https://knews.kathimerini.com.cy/en/comment/opinion/freedom-and-democracy-under-fire
During the past decade, while Greece and Cyprus faced economic collapse, many of us looked towards the countries of Northern Europe, admiring their achievements, especially in terms of the welfare state they had created for the benefit of all citizens. ...
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/business/is-home-really-the-best-office
Working remotely has its advantages, but there's growing evidence to support what many managers have long suspected: Fully remote workers are less productive....
https://knews.kathimerini.com.cy/en/news/over-7-6-million-await-nhs-treatment-amid-strikes-and-strain
The number of people waiting to start routine hospital treatment in England has reached a new record high....
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/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/from-burps-to-burgers-the-climate-friendly-cows-bred-to-belch-less-methane
When Canadian dairy farmer Ben Loewith's calves are born next spring, they will be among the first in the world to be bred with a specific environmental goal: burping less methane....
https://knews.kathimerini.com.cy/en/news/harvard-professor-of-honesty-faces-fraud-allegations-in-startling-twist
In an ironic twist in the world of behavioral science, a Harvard professor who studies honesty has been accused of data fraud....
https://knews.kathimerini.com.cy/en/news/pafos-fc-brazilian-footballer-accused-of-match-fixing
Cyprus is currently at the center of an international sports scandal involving a Brazilian football player named Alef Manga, who is 28 years old....
https://knews.kathimerini.com.cy/en/news/cyprus-industrial-prices-up-0-1-in-june
In June 2023, industrial producer prices in Cyprus increased by 0.1% compared with May 2023, while decreasing by 0.4% in both the eurozone and the EU, according to estimates from Eurostat, the statistical office of the EU....
https://knews.kathimerini.com.cy/en/news/dua-lipa-s-levitating-sued-in-court
Dua Lipa’s hit song ‘Levitating’ is back in court....
https://knews.kathimerini.com.cy/en/business/corporate-loans-above-€1-million-surge
The net new loans (excluding restructurings) in Cyprus amounted to €1.73 billion in the first half of 2023, showing a slight annual increase of 1.26%. The continuous interest rate hikes by the European Central Bank significantly slowed down the granting of housing loans....
https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-reports-soaring-profits-amid-rising-interest-rates
Eurobank Cyprus posted soaring profitability after tax for the first half of 2023 with net profits approaching the profitability of full year 2022, due to rising interest rates and the high remuneration of its liquidity held at the ECB....
https://knews.kathimerini.com.cy/en/news/fuel-companies-announce-significant-price-hikes
Looking at the average prices across Cyprus, we found that the average price of unleaded 95 petrol increased yesterday afternoon, Tuesday, compared to the morning, and now stands at 1.5 euros per liter....
https://knews.kathimerini.com.cy/en/news/cyprus-and-jordan-forge-partnerships-in-health-investment-and-emergency-response
Cyprus and Jordan's governments signed two Memorandums of Cooperation and a Technical Arrangement on Tuesday, establishing collaborations in the health and investment sectors...
