https://knews.kathimerini.com.cy/en/news/eu-leaders-tackle-inflation-energy-shocks-from-russia-s-war
A day after endorsing Ukraine’s candidacy to join the European Union, the bloc’s leaders turned their attention Friday to the severe economic turbulence looming over the coming months as the full impact of Russia’s war sinks in and the threat of recession rises....
https://knews.kathimerini.com.cy/en/business/20-years-of-the-cayenne-the-‘third-porsche-–-an-extraordinary-success-story
Ferry Porsche predicted it back in 1989: “If we build an off-road model according to our standards of quality, and it has a Porsche crest on the front, people will buy it.” He would go on to be proved right. ...
https://knews.kathimerini.com.cy/en/business/cyprus-to-greece-ferry-link-launches-with-great-fanfare-video
The launch of the ferry link service between Limassol and Piraeus occurred this Sunday amid great fanfare led by the President of the Republic Nicos Anastasiades and attended by the Speaker of the House of Representatives, Anita Demetriou, and various other Ministers....
https://knews.kathimerini.com.cy/en/news/it-s-full-steam-ahead-for-the-cyprus-greece-ferry
Preparations are on overdrive for the first ferry round-trip on Sunday between Cyprus and Greece after 21 long years, according to the shipping line coordinating the route....
https://knews.kathimerini.com.cy/en/news/switzerland-to-contribute-10-million-euros-to-assist-with-increasing-migration
The framework to implement the contribution of Switzerland to Cyprus, estimated at 10 million euros for the needs arising from the increasing migratory flows to the island was examined during a meeting on Thursday between Minister of Interior Nikos Nouris and Switzerland's ambassador to Cyprus, Pierre-Yves Fux....
https://knews.kathimerini.com.cy/en/news/central-banks-across-europe-jack-up-interest-rates-to-fight-inflation
Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings and squeezing corporate profits....
https://knews.kathimerini.com.cy/en/news/trial-of-uk-man-accused-of-murdering-his-ailing-wife-delayed
The trial of a British man charged with the premeditated murder of his sick wife in Cyprus’ coastal resort town of Paphos was pushed back until September on Thursday, with defense lawyers arguing that David Hunter should instead be charged with assisting a suicide....
https://knews.kathimerini.com.cy/en/news/eu-s-biometric-entry-exit-system-to-launch-in-a-few-months
The European Union’s Entry-Exit System (EES), which aims to enhance internal security and modernise external border management, will start its operation just a few months from now....
https://knews.kathimerini.com.cy/en/news/five-year-plan-to-install-ac-units-at-schools-underway
A five-year, 100 million euro program to install air conditioning units at schools was announced yesterday by Education, Culture, and Sports Minister Prodromos Prodromou....
https://knews.kathimerini.com.cy/en/news/east-west-orthodox-split-deepens-in-cyprus
An interview with the Archbishop of Cyprus, who used unfavorable words for detractor bishops as well as the Patriarch of Moscow, is causing all sorts of reactions on the island where campaign drama is unfolding both in a highly contested presidential election and a looming replacement for head of church...
https://knews.kathimerini.com.cy/en/business/australia-s-high-commissioner-visits-minthis
Her Excellency, High Commissioner of Australia, Mrs. Fiona McKergow visited Minthis on Monday, 30th May, as part of her official visit to Paphos. ...
https://knews.kathimerini.com.cy/en/news/greece-rejects-turkish-claims-in-the-aegean
The Permanent Representative of Greece to the United Nations delivered a letter addressed to UN Secretary-General Antonio Guterres on Wednesday rejecting claims contained in a letter delivered by Turkey to the same body in September 2021....
https://knews.kathimerini.com.cy/en/news/pilot-school-bus-program-for-primary-school-students-to-start-in-september
Minister of Transport, Communications and Works, Yiannis Karousos, announced on Wednesday that a government pilot program offering primary school students bus service to and from their schools will begin in September....
https://knews.kathimerini.com.cy/en/news/three-thousand-bookings-for-piraeus
The Daleela ferry will depart for the first time from the port of Limassol on Sunday, June 19 at 12 noon and will arrive at the port of Piraeus around 6 pm on Monday....
https://knews.kathimerini.com.cy/en/business/price-hike-of-raw-materials-affecting-developers-and-construction-costs
The construction industry is suffering as the price hike of raw materials continues, with developers crushed under higher costs as they are deprived of Russian money....
https://knews.kathimerini.com.cy/en/news/fozen-russian-reserves-should-be-used-to-rebuild-ukraine
EU capitals should consider seizing frozen Russian foreign exchange reserves to cover the costs of rebuilding Ukraine after the war, the bloc’s top diplomat has said, as the west debates how to force Moscow to pay for some of the damage the conflict has caused....
https://knews.kathimerini.com.cy/en/news/inflation-in-turkey-spikes-to-almost-70
Inflation in Turkey reached record levels of almost 70% in April, rising by 8.83 points in a month, according to official statistics released today....
https://knews.kathimerini.com.cy/en/business/ferry-service-from-cyprus-to-greece-set-to-begin-june-19th
With a winning bid of € 15,594,000, Scandro Holding Ltd is set to operate the ferry service between Limassol and Piraeus this summer, according to an announcement today at a press conference held by the Deputy Minister of Shipping Vassilis Dimitriadis....
https://knews.kathimerini.com.cy/en/news/father-pleads-not-guilty-in-preemie-s-death
A man accused of killing his newborn premature baby has denied manslaughter charges, with the judge ordering him back to jail until his trial beings after the summer...
https://knews.kathimerini.com.cy/en/news/sba-land-run-rules-in-foreign-investors
More opportunities and fewer restrictions for land development on SBA land went into effect on Monday in Cyprus, where foreign nationals will be allowed to invest along with locals who now have to review details and move quickly with any possible objections...
https://knews.kathimerini.com.cy/en/news/nicosia-drops-hint-at-ferry-link-this-summer
The Shipping Deputy Ministry in the Republic of Cyprus says a successful bidder for a state-subsidized ferry link to Greece has been asked to submit a proposal, with reports saying a summer connection could be launched this year...
https://knews.kathimerini.com.cy/en/business/the-american-university-of-beirut-will-open-its-doors-next-year-in-paphos
The American University of Beirut is officially opening its doors beginning next year with a campus in Paphos, according to Paphos Mayor Phedonas Phedonos....
https://knews.kathimerini.com.cy/en/news/hellenic-acquires-553-million-euros-worth-of-cypriot-corporate-loans-from-rcb
Hellenic Bank has acquired 553 million euros worth of Cypriot business loans from RCB Bank, increasing its loan portfolio to over 7.2 billion euros....
https://knews.kathimerini.com.cy/en/news/ukraine-and-russia-draw-up-neutrality-plan-to-end-war
Ukraine and Russia have made significant progress on a tentative 15-point peace plan including a ceasefire and Russian withdrawal if Kyiv declares neutrality and accepts limits on its armed forces, according to three people involved in the talks....
https://knews.kathimerini.com.cy/en/news/finance-ministry-increases-2022-inflation-estimate-to-4
The Ministry of Finance has revised an initial 2022 inflation estimate of 1.5% to 4% due to the rise in petrol prices in the midst of the crisis in Ukraine....
https://knews.kathimerini.com.cy/en/news/turkey-urged-to-pay-compensation-to-relatives-of-greek-cypriots-who-disappeared-during-invasion
The Council of Europe’s Committee of Ministers has urged Turkish authorities to abide by their international obligations and pay the “just satisfaction” awarded by the European Court of Human Rights to relatives of nine Greek Cypriots who disappeared during Turkey’s military invasion of Cyprus in 1974....
https://knews.kathimerini.com.cy/en/news/eu-plans-to-cut-russian-gas-imports-by-two-thirds-in-a-year
The European Union will outline a plan on Tuesday to cut Russian gas imports by two-thirds within a year as it seeks to reduce its dependency on the country’s fuel supplies after Moscow’s invasion of Ukraine.
...
https://knews.kathimerini.com.cy/en/news/cost-of-consumer-goods-and-services-climbs-to-the-highest-level-in-the-last-thirteen-years
Cyprus’ Harmonized Index of Consumer Prices in January 2022 increased by an annual 5%, climbing to the highest level of the last 13 years, mainly pushed by prices increases in energy and transport....
https://knews.kathimerini.com.cy/en/news/the-secret-service-hardliner-who-was-at-a-loss-for-words-in-front-of-putin-video
Commenting on Monday's torturous meeting with Russian intelligence chief Sergei Naryshkin, the Guardian noted that he was one of the "hawks" of the Russian government known for his tough anti-Western stance.
...
https://knews.kathimerini.com.cy/en/business/cyprus-sees-increase-in-investment-funds
The number of investment funds in Cyprus recorded a new high in December 2021, reaching 257, with their total assets reaching 8.7404 billion euros, achieving a 2.4% increase, in comparison to September 2021, according to data published by the Central Bank of Cyprus....
