https://knews.kathimerini.com.cy/en/news/financial-education-in-cyprus-schools-after-metamax-scandal
The ongoing investigation into the Metamax investment pyramid scheme is causing growing alarm across Cyprus. Complaints to police departments have surpassed 100, with over €220,000 allegedly defrauded. ...
https://knews.kathimerini.com.cy/en/news/american-journalist-sentenced-to-16-years-in-russian-prison
Evan Gershkovich, an American journalist working for the Wall Street Journal, has been found guilty of espionage by a Russian court and sentenced to 16 years in prison....
https://knews.kathimerini.com.cy/en/news/june-sees-price-hikes-on-essentials-as-inflation-rises
Get ready to pay more for everyday items! Prices for many essential goods jumped in June, driving up inflation to 2.9%. This follows a steady rise from 2.4% in April and 2.7% in May....
https://knews.kathimerini.com.cy/en/news/we-re-having-a-heatwave-a-tropical-heatwave
The Department of Meteorology has issued a yellow warning for extreme temperatures today. The warning is in effect from 11:00 AM to 4:00 PM, with maximum temperatures expected to reach a scorching 42 degrees Celsius inland and around 32 degrees Celsius in the higher mountain areas....
https://knews.kathimerini.com.cy/en/news/ecb-keeps-interest-rates-steady-amid-mixed-inflation-signals
The European Central Bank decided today to keep its key interest rates unchanged, as anticipated. This means the rates for main refinancing operations, marginal financing, and deposit facilities remain steady at 4.25%, 4.50%, and 3.75%, respectively....
https://knews.kathimerini.com.cy/en/news/china-unveils-world-s-largest-hurricane-proof-turbine
Imagine a wind turbine so advanced it can withstand hurricanes and typhoons while harnessing their immense power to generate electricity....
https://knews.kathimerini.com.cy/en/news/soaring-insurance-costs-push-global-shipping-rates-up-233
Global trade has faced immense pressure since last October when the war in the Near East erupted following the terrorist attack by the Palestinian group Hamas against Israel. ...
https://knews.kathimerini.com.cy/en/news/cyprus-gears-up-for-a-brilliant-summer-day
A yellow warning for extreme maximum temperatures will be in effect today from 11 a.m. to 5 p.m., according to the Department of Meteorology....
https://knews.kathimerini.com.cy/en/news/yellow-heat-warning-issued-for-today
The meteorology department has issued a yellow warning for high temperatures, effective from 1:00 p.m. to 4:00 p.m. today. We're expecting the interior to reach a scorching 41 degrees Celsius....
https://knews.kathimerini.com.cy/en/news/sunny-start-with-afternoon-showers-possible
Cyprus is set for a mix of clear skies and some scattered showers today. ...
https://knews.kathimerini.com.cy/en/news/sunny-skies-with-a-chance-of-showers
Cyprus will enjoy mostly sunny weather today, though clouds will develop gradually, bringing a chance of isolated showers and thunderstorms, especially in the mountains and some interior regions after noon....
https://knews.kathimerini.com.cy/en/business/cyprus-surges-in-high-speed-internet-and-tech-jobs
Cyprus is making notable progress in its digital transformation, with coverage of very high capacity networks (VHCN) reaching 77.1% in 2023, a 28.5% increase from the previous year, according to the Deputy Ministry of Research, Innovation, and Digital Policy....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-less-road-violations-as-traffic-cam-system-grow
The Ministry of Transport, Communications, and Works has reported a gradual decline in road violations at locations equipped with light marking systems during the second quarter of 2024, according to a recent statement. ...
https://knews.kathimerini.com.cy/en/business/cyprus-boomed-in-2022-with-more-jobs-and-better-services
Cyprus saw a widespread boost in economic activity last year, according to the latest Services and Transport Survey by Cyprus' statistical agency....
https://knews.kathimerini.com.cy/en/news/1-happy-friday-folks-sizzling-heat-with-some-surprise-showers-ahead
Good morning, weather warriors! As we step into this fabulous Friday, the weather has a bit of a split personality. Early birds will enjoy mostly clear skies with a few low clouds, especially near the coast....
https://knews.kathimerini.com.cy/en/news/storm-s-a-brewin-and-we-couldn-t-be-happier
In a twist of good fortune (maybe?!), the Met Office issued a yellow storm warning this Thursday morning—perhaps the only time you'll welcome a storm warning with open arms. After all, anything to break the sweltering heat, right?...
https://knews.kathimerini.com.cy/en/news/cyprus-exports-decline-sharply-while-imports-see-a-modest-rise
Cyprus saw its trade deficit grow in May 2024, largely due to a significant drop in exports and a slight increase in imports, according to recent data from the Cyprus Statistical Service. The trade deficit for May 2024 was €693.4 million, up from €578.2 million in May 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-leads-eu-in-home-sales-by-31
Home sales in Cyprus surged by 31% in 2023 compared to the previous year, the highest increase among European Union countries, according to data released by Eurostat, the EU's statistical service....
https://knews.kathimerini.com.cy/en/business/thousands-protest-mass-tourism-in-barcelona-shouting-tourists-go-home
Thousands of protesters marched through Barcelona over the weekend to express their anger at the overwhelming impact of mass tourism on Spain's most visited city. ...
https://knews.kathimerini.com.cy/en/news/domestic-violence-cases-on-the-rise-in-cyprus
Reports of domestic violence in Cyprus have seen a significant rise, with incidents reaching alarming numbers, Justice and Public Order Minister Marios Hartsiotis told a parliamentary committee on Monday....
https://knews.kathimerini.com.cy/en/news/producers-must-increase-goat-and-sheep-s-milk-in-halloumi
Agriculture Minister Maria Panayiotou announced on Saturday a new decree to adjust milk quotas for making Halloumi cheese with Protected Designation of Origin (PDO) status. She also revealed financial support measures for the sector....
https://knews.kathimerini.com.cy/en/news/another-heatwave-alert-brace-yourselves-for-the-sizzle
Buckle up, folks! The Met Office has issued yet another yellow warning for high temperatures, in effect from 21:00 Sunday evening until 17:00 Monday afternoon. Here’s what you need to know to beat the heat and keep your cool....
https://knews.kathimerini.com.cy/en/business/ice-cream-prices-melt-wallets-by-8-07-more
As temperatures rise, so do the prices of summer essentials in Cyprus, with ice creams, package holidays, and hotel stays seeing noticeable hikes compared to last month, according to data released by the Cyprus Consumers Association....
https://knews.kathimerini.com.cy/en/news/perfect-beach-and-mountain-weather-ahead-sunny-skies-await
Good morning, sunseekers! It's Friday, and summer is in full swing. As you plan your beach or mountain getaway, here's what to expect from Mother Nature today....
https://knews.kathimerini.com.cy/en/news/green-line-trade-and-crossings-surge-irregular-migration-declines
Trade and personal crossings across the Green Line in Cyprus saw significant increases in 2023, while irregular migration dropped by more than 50%, according to the annual European Commission report on the implementation of the Green Line Regulation published Thursday....
https://knews.kathimerini.com.cy/en/news/cbc-to-keep-dividends-low-despite-bank-profits
The increased profitability of Cypriot banks, will not affect the supervisory authorities’ views over the necessity to maintain a prudent policy with respect to banks’ dividend payments, the Central Bank of Cyprus said in its annual report for 2023, published on Wednesday....
https://knews.kathimerini.com.cy/en/news/athens-warns-nicosia-to-reverse-delays-in-power-grid-project
The ambitious electricity interconnection project linking Cyprus with the European power grids through Greece faces significant hurdles as tensions rise between Athens and Nicosia....
https://knews.kathimerini.com.cy/en/news/strong-winds-and-rough-seas-expected
A seasonal low-pressure system is currently influencing the area, bringing mostly clear weather with occasional localized clouds. Thin dust is expected to linger in the atmosphere throughout the day....
https://knews.kathimerini.com.cy/en/business/jumbo-to-open-second-store-in-nicosia-this-summer
Jumbo is set to open its second store in Nicosia and sixth in Cyprus, located in the former Stephanides Group headquarters near the Mall of Cyprus and IKEA in Strovolos....
https://knews.kathimerini.com.cy/en/news/how-france-s-nationalist-shift-could-shape-cyprus-future
In France, the prospect of nationalists potentially clinching a decisive majority in the upcoming parliamentary elections has stirred apprehension in Brussels and Berlin....
