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211. Finance Ministry: 'Cyprus economy will not enter a recession'

There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...

212. What will the weather be like this weekend?

213. Grant Johnson: City of Dreams Mediterranean will be the game changer for Cyprus’ hospitality industry

The multi-themed City of Dreams Mediterranean resort in Limassol, which will include a luxury hotel, casino, entertainment and sports facilities, adventure park, shops and restaurants, among others, will begin operations in the second quarter of 2023. Grant Johnson, the General Manager of COD analyzes what exactly the City of Dreams Mediterranean will be, what it will offer to the tourism product of Cyprus, how it will strengthen the country's economy and its position as a popular tourist destination and at the same time he analyzes how this project will have significant benefits for the local community and its people. ...

214. Cyprus retail sector continues climb despite inflation

Black Friday, with its high levels of traffic and shopping, appears to have given way to the Christmas holiday season. The market is still moving well, with increased foot traffic in shopping malls and main streets....

215. Cyprus could become a year-round tourist destination by 2030

The ultimate goal of the National Tourism Strategy 2030 is to establish Cyprus as an all-season, high-quality, digitally intelligent and accessible tourist destination, that respects the environment and channels the benefits of tourism across the island,...

216. 'K' poll: The race for second place (graphics)

We are in the crucial final sixty days before the elections, and everything points to a sensational thriller, a fierce battle for the coveted second place....

217. The end of an era for the plane that shrank the world

The last Boeing 747 is about to leave the assembly line today, after 53 years and at least 1,570 planes....

218. Germany needs 400,000 employees annually to cover labor demands

Due to Germany’s aging population which results in a lack of qualified workers, the country’s labor market is at risk, with authorities left to count on target migration as a solution for the situation. ...

219. Rafales swing by Cyprus after testing NATO integration

French fighter jets pierced Cypriot skies over Paphos on Sunday morning, following multicarrier interoperability operations between NATO navies in the Mediterranean...

220. Ukrainian embassies receive 'bloody packages' with animal eyes

Ukrainian embassies in at least five European countries have received several 'bloody packages' containing body parts of some animals, mainly eyes, the country's Foreign Ministry has reported....

221. When the ink dries, this will be the new archaeological museum

222. Fuel price cuts have begun

Following a month of price volatility, the Cypriot market should see a reduction in the cost of motor and heating fuels in the coming days....

223. Cyprus on alert over scattered thunderstorms

Severe weather alerts went into effect on Tuesday with lightning, scattered thunderstorms, and hailstorm warnings affecting many areas on the island, as an unsettled pattern is moving eastward...

224. See the first snowfall in Troodos (video)

The first snowflakes fell in Troodos on Friday afternoon (25/11), as captured by the "KitasWeather" camera installed in the area. The area is affected by extensive cloud cover, which allows the temperature to drop to ideal levels temporarily, allowing snowfall to be observed but without snowfall....

225. More routes and airline seats for the winter

The announcements by Ryanair in the morning and Wizz Air on Monday afternoon to increase the fleet at Cypriot airports and add new routes clearly pleased Hermes Airports and the tourism industry in general,...

226. The first 'Mountain Agriculture of Troodos' products have hit the market

Another innovative project led by the Cyprus Institute is taking shape, with the introduction of the first fruits and vegetables bearing the quality label "Mountain Agriculture Troodos" to the market....

227. Why inequality is growing in the US and around the world

U.S. income inequality grew in 2021 for the first time in a decade, according to data the Census Bureau released in September 2022....

228. Prepare for a rainy weekend (live image)

Today will be mostly clear, but after noon, developing clouds will bring isolated showers or thunderstorms, especially in the mountains. Winds will be variable, light, and 2 to 3 Beaufort at first, then gradually shift southwest to northwest, light, to 3 Beaufort, and locally up to a moderate 3 to 4 Beaufort....

229. Prepare for an increase in grain prices

Agriculture Minister Costas Kadis told 'K' that there is no concern about grain sufficiency in the Cypriot market at this time, explaining that strategic stocks of grains received in the summer remain in importers' silos. ...

230. The new Porsche 718 Style Edition models

Stuttgart. Fresh colours and harmonious contrast packages characterise the new Porsche 718 Boxster Style Edition and 718 Cayman Style Edition sports cars. ...

231. Emirates to resume daily operations to Cyprus

Emirates will be increasing the flight frequency of its Malta-Larnaca-Dubai route to a daily service starting 1 December 2022. This will bring back the airline’s operations on this route back to pre-pandemic levels, signalling a steady recovery amid the easing of travel restrictions worldwide....

232. 1,000 people indicted in Iran over protests

Iran's hardline judiciary will hold public trials of about 1,000 people indicted over unrest in Tehran, a semi-official news agency said on Monday, intensifying efforts to crush weeks of protests ignited by Mahsa Amini's death in police custody....

233. Workplace accidents decreased in 2020, but severity of nearly 50% not specified

In 2020, almost 2.7 million non-fatal work accidents resulted in workers being absent from work for four days or more in the EU, while 3,355 work-related accidents were fatal, according to data released by Eurostat, the European Union’s statistical service....

234. Porsche 911 GT3 RS completes the ‘ring in 6:49.328 minutes

235. Cyprus extra cautious over cyclone from west

Weather officials in Cyprus have issued a yellow warning for daytime Sunday due to heavy thunderstorms affecting parts of the island, as cyclone activity west of the island is moving southeast...

236. Nouris: EU should sanction countries that instrumentalize migration

The EU should have concrete sanctions in place when there is proof that migrants are being instrumentalized, as in the case of Cyprus, Interior Minister Nicos Nouris said....

237. Ticket prices to Athens and Thessaloniki are skyrocketing for the 3 day weekend

According to the Association of Travel Agents, travel demand has returned to 2019 levels, which is evidenced by the weekend of October 28....

238. How much loan can a couple with an income of €2,000 get?

Housing loans are an issue that inevitably affects a large number of young couples. Because housing prices have skyrocketed while wages have remained stagnant, the need for housing leads to borrowing....

239. EY achieves highest growth in nearly two decades, reports record global revenue of US$45.4b

EY announced combined global revenues of US$45.4b for the financial year ending June 2022 (FY22), an increase of 16.4% in local currency (13.7% in US dollars). This marks one of the most successful years in the history of the organization with the highest growth seen in nearly two decades attributed to the EY NextWave strategy to deliver long-term value for EY people, clients and society....

240. Global fintech market resilient in H1’22 - $107.8 billion in investment, according to KPMG’s Pulse of Fintech

Global fintech investment declined from $111.2 billion in H2’21 to $107.8 billion in H1’22, but remained remarkably resilient compared to historical trends given the challenges affecting the broader investment market, including geopolitical uncertainty, growing inflation, and increasing interest rates. ...