https://knews.kathimerini.com.cy/en/news/cyprus-rcords-remarkable-17-4-decrease-in-registered-unemployed
In October 2023, the number of registered unemployed persons in Cyprus exhibited a significant decline, marking a 17.4% decrease, equivalent to 1,951 individuals, as reported by the Statistical Office. ...
https://knews.kathimerini.com.cy/en/news/1-rita-wilson-releases-music-video-featuring-christos-mastoras
Rita Wilson delighted her online audience with the release of the official video for her song ''OLI MAZI'' (All Together) featuring Christos Mastoras. The song is part of the soundtrack for the third installment of ''My Big Fat Greek Wedding''....
https://knews.kathimerini.com.cy/en/news/annual-inflation-drops-to-3-3-in-october
Annual inflation in Cyprus is projected to decrease to 3.3% in October 2023, a drop from 4.3% in September, as per preliminary estimates released by Eurostat, the statistical agency of the European Union....
https://knews.kathimerini.com.cy/en/business/ecb-maintains-interest-rates-amid-tightening-impact
The European Central Bank (ECB) has opted to maintain interest rates unchanged for the first time in over a year, marking a shift following 10 consecutive rate hikes. ...
https://knews.kathimerini.com.cy/en/news/500kg-of-synthetic-drugs-found-in-larnaca
In a landmark discovery, authorities in Larnaca have uncovered 500 kilograms of synthetic drugs, marking the largest drug seizure in the history of the island....
https://knews.kathimerini.com.cy/en/news/property-sales-surge-to-15-year-high-due-to-foreign-buyers
Residential property sales in Cyprus hit a 15-year record high in the second quarter of 2023, with significant increases in prices, according to data released by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/deliveryman-attacked-robbed-and-left-in-despair
A 28-year-old food deliveryman in Limassol had a harrowing experience shortly after midnight when he was viciously assaulted by a group of unidentified individuals....
https://knews.kathimerini.com.cy/en/news/consumer-prices-surge-4-3-in-september-fueled-by-food-and-beverages
The Harmonised Consumer Prices Index (HCPI) in Cyprus witnessed a 4.3% increase in September, marking its second consecutive rise, primarily propelled by surging prices in Food and Non-Alcoholic Beverages, according to data from the Cyprus Statistical Service (CyStat)....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-thrives-with-nearly-18-surge-in-september-arrivals
In a promising sign for the country's tourism sector, Cyprus reported a remarkable 17.9% increase in tourist arrivals during September 2023 compared to the same month in 2022....
https://knews.kathimerini.com.cy/en/business/cyprus-and-croatia-forge-tax-treaty-for-business-growth
The Republic of Cyprus and the Republic of Croatia have inked a significant Agreement for the Elimination of Double Taxation during the ECOFIN meeting in Luxembourg. ...
https://knews.kathimerini.com.cy/en/news/investment-funds-hit-record-high-at-€2-9-billion
Assets investment by investment funds in Cyprus rose to €2.9 billion in the second quarter of this year, reaching the highest point ever, manifesting the sector’s growing contribution to the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/larnaca-port-welcomes-cruise-ship-carrying-foreign-nationals-escaping-israeli-war
In a historic moment at Larnaca Port, the very first cruise ship arrived, marking a significant event in the midst of the Israeli conflict....
https://knews.kathimerini.com.cy/en/news/government-to-expand-workforce-in-2024
In the 2024 budget, authorities anticipate total general government revenue of €13.2 billion and expenditures of €11.8 billion, resulting in a fiscal surplus of €659 million, equal to 2.2% of GDP. ...
https://knews.kathimerini.com.cy/en/news/almost-9kg-of-cannabis-uncovered-in-limassol
In a significant development in the battle against illicit narcotics, the YKAN (Limassol Branch) executed a meticulously planned operation yesterday morning....
https://knews.kathimerini.com.cy/en/news/tourists-spend-over-€1-5-billion-setting-new-high
The most recent data from the Statistical Service regarding tourism revenues are confirming expectations, as expressed by Deputy Minister of Tourism Kostas Koumis in a recent interview with "K". It appears that this year could potentially set a new record for tourism revenues....
https://knews.kathimerini.com.cy/en/news/could-kasselakis-be-the-catalyst-for-resolving-the-cyprus-problem
Stefanos Kasselakis, the newly elected President of SYRIZA-Progressive Alliance, is currently on a two-day visit to Cyprus, marking his first international trip since assuming office as the President of SYRIZA-PS....
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-checkpoints-take-center-stage
In a striking development, 2023 has seen an extraordinary increase in crossings through checkpoints in Cyprus, as revealed by reports in the Turkish Cypriot press....
https://knews.kathimerini.com.cy/en/news/26-9-increase-in-tourism-revenue-compared-to-last-year
The year 2023 is poised to go down in history with remarkable revenue figures, as highlighted in a recent interview with the Deputy Minister and substantiated by the latest tourism revenue data from the Statistical Office....
https://knews.kathimerini.com.cy/en/business/inflation-fears-and-green-investments
The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...
https://knews.kathimerini.com.cy/en/news/unexpected-earnings-dip-in-2022-at-€2-202
In a surprising turn of events, Cyprus witnessed its first annual drop in monthly earnings after seven prosperous years....
https://knews.kathimerini.com.cy/en/life/read-library-unveils-a-world-of-stories-at-nicosia-book-festival-2023
The Nicosia Book Festival welcomes the Digital Read Library for its inaugural participation this year, marking a significant addition to the event's lineup. ...
https://knews.kathimerini.com.cy/en/news/50-years-of-cyprus-rally-excellence
The Cyprus Rally, marking its remarkable 50th edition, promises an exhilarating spectacle from October 6 to 8, 2023....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-net-interest-income-doubles-amid-ecb-rate-hikes
The Cypriot banking system's net interest income (NII) saw a remarkable doubling in the first half of 2023, marking an annual increase of 100%, primarily due to the ongoing rate hikes by the European Central Bank (ECB) aimed at tackling rising inflation....
https://knews.kathimerini.com.cy/en/news/15-4-spike-in-public-expenditure-for-2024
In the 2024 Budget, there's a notable rise of EUR 0.5 billion in public personnel expenditure. According to the Council of Ministers' approved budget table for 2024, this marks a substantial increase of 496 million euros. In terms of percentages, this surge amounts to 15.4% compared to the personnel expenditure allocated for the public sector in 2023....
https://knews.kathimerini.com.cy/en/news/california-boosts-minimum-wage-for-fast-food-workers-to-$20-per-hour
California is raising the minimum wage for fast food workers, marking a hard-won victory for those workers and union organizers....
https://knews.kathimerini.com.cy/en/news/2024-budget-points-to-surplus-and-debt-reduction
The 2024 budget reflects the clear imprint of our policy priorities, President of the Republic Nikos Christodoulides says in a written statement, adding that the fiscal balance for 2024 is estimated to be surplus, reaching 2.2% of GDP, while the medium-term goal, by 2026, is to reduce public debt to 60%....
https://knews.kathimerini.com.cy/en/business/just-a-breath-away-from-a-new-tourism-record
Hermes Airports statistics reveal that August achieved an unprecedented milestone in air traffic, with a total of 1.516 million passengers. When examining this figure in terms of arrivals and tourist arrivals, it amounts to 511,387 arrivals. ...
https://knews.kathimerini.com.cy/en/news/nicosia-landmark-tipped-to-become-holistic-wellness-destination
MHV, in partnership with Marriott International, Inc., has announced that The Landmark Nicosia Hotel will join the Autograph Collection Hotels. The hotel is set to reopen in late 2024 under the name "The Landmark Nicosia, Autograph Collection," marking the first Cyprus hotel to be part of this prestigious collection....
https://knews.kathimerini.com.cy/en/news/deputy-government-spokesperson-resigns-amid-political-scandal
In a significant development today, Deputy Government Spokesperson Doxa Komodromou has formally submitted her resignation to President Nikos Christodoulides....
https://knews.kathimerini.com.cy/en/news/animal-incidents-in-paphos-tell-two-tales-of-harm-and-justice
A 60-year-old woman from Paphos and her dog fell victim to an attack by two dogs. The incident occurred at around 16:00 on Thursday afternoon (21/9) while the woman was walking her own dog....
