https://knews.kathimerini.com.cy/en/news/deposits-and-loans-decrease-in-july
In July 2022, total deposits reached €51.2 billion and total loans €28.6 billion, recording a net decrease, compared to June. This is what data on Monetary and Financial Institutions' deposits and loans show,...
https://knews.kathimerini.com.cy/en/news/covid-16-more-deaths-and-2-154-new-cases-this-past-week
Cyprus’ Health Ministry on Friday announced 16 deaths and 2,154 new COVID-19 cases for the week between August 19 and 25. The new cases were detected among 60,841 tests, while the positivity rate was at 3.54%....
https://knews.kathimerini.com.cy/en/news/increase-in-new-asylum-applications-in-cyprus-and-eu
In May 2022, first-time asylum applicants in the European Union increased by 17% compared to April 2022, and by 89% compared to May 2021, according to monthly asylum data published by Eurostat, the statistical office of the EU....
https://knews.kathimerini.com.cy/en/news/washington-reiterates-gas-hopes-for-entire-region
The US state department has reiterated the American position on Cyprus' natural resources this week after ENI announced a new gas find south of the island, with a Cyprus News Agency report alluding to slightly altered language in the latest statement attributed to an official from across the pond...
https://knews.kathimerini.com.cy/en/news/a-new-hotel-to-be-built-in-the-dromolaxia-meneou-area
The Environmental Authority gave the green light for the construction of a hotel unit in the coastal area of Meneou-Dromolaxia, in the location of Parayalia....
https://knews.kathimerini.com.cy/en/news/wizzair-postpones-its-resumption-of-flights-to-moscow
The low-cost airline from Hungary, Wizz Air, has announced that it decided to further postpone its intentions to resume flights from Abu Dhabi to Moscow starting from October....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-turkey-must-behave-as-a-nato-ally
Senator Bob Menendez, chair of the United States Senate Committee on Foreign Relations, calls for more steps to deepen the multidimensional relationship between Greece and the US, from defense and security to emerging technologies, the digital economy, the maritime industry and commercial shipping....
https://knews.kathimerini.com.cy/en/news/cabinet-extends-disbursement-period-of-interest-rate-subsidy-scheme
The Cabinet decided Monday to amend the interest rate subsidy scheme for housing and corporate loans to further support the economy amid the ongoing effects of the COVID-19 pandemic and the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/cyprus-stoked-about-gas-discovery-s-eu-prospect
Nicosia says preliminary estimates of a new gas discovery in the country’s exclusive economic zone raise the prospect that big players could still include the island in their plans to supply the European Union with much needed natural gas...
https://knews.kathimerini.com.cy/en/news/2-5-tcf-deposit-discovered-by-eni-total-consortium-in-block-6
The ENI TOTAL consortium made an important discovery of natural gas in Block 6. According to an official announcement by the Italian company,...
https://knews.kathimerini.com.cy/en/news/interior-ministry-aware-passport-applications-did-not-meet-criteria
In the Audit Service's report on the naturalization program, references are made to the manner in which passports were granted, stressing that there were cases in which the Ministry was aware that there were applications that did not meet the criteria, characterizing its approval as illegal....
https://knews.kathimerini.com.cy/en/news/cyprus-unemployment-rate-at-6-8-in-2nd-quarter-of-2022
The unemployment rate in Cyprus was 6.8% of the labor force in the 2nd quarter of 2022, recording a decrease of 1.6% compared to the corresponding quarter of 2021....
https://knews.kathimerini.com.cy/en/business/cyprus-produces-more-honey-for-export-outside-the-eu
Honey imports into Cyprus from countries outside the European Union decreased in the period 2016 - 2021, while honey exports to countries outside the EU increased in the same period, according to data published by Eurostat on the occasion of World Bee Day United Nations on August 20....
https://knews.kathimerini.com.cy/en/news/eu-states-facilitating-employment-of-third-country-nationals-to-ease-labor-shortage
The European Union’s population is aging. The factors behind this phenomenon are many, but the declining fertility rates and the increased life expectancy, along with migration to countries like the United States, the United Kingdom, Canada, and Australia, are the main ones....
https://knews.kathimerini.com.cy/en/business/edf-funds-seven-cypriot-projects-proposed-in-2021
Several Cypriot businesses and research institutions have secured funding for seven projects from the European Defence Fund (EDF) for 2021, the Ministry of Defence has said....
https://knews.kathimerini.com.cy/en/news/north-plays-catch-up-with-illicit-cash
Turkish Cypriot authorities have their hands full as they investigate large sums of money being laundered in Cyprus, with cases ranging from probing courier operations south of the divided island’s UN buffer zone to media speculating on the scope of rampant tax evasion in the north...
https://knews.kathimerini.com.cy/en/news/carob-wars-suspected-in-car-arson-attack
Police are investigating an apparent arson in rural Limassol where a car was set on fire, with detectives turning their attention to a rather suspicious graffiti found nearby...
https://knews.kathimerini.com.cy/en/news/cyprus-fires-back-at-eurostat-report
The Cypriot Fire Department took issue with a Eurostat report this week that said the Republic of Cyprus in 2021 had the second highest share of firefighters on payroll...
https://knews.kathimerini.com.cy/en/news/cyprus-scores-monkeypox-jabs-ahead-of-schedule
A handful of close contacts in the Republic of Cyprus were cleared for an urgent monkeypox jab on Sunday after vaccines arrived ahead of schedule, but the country providing the vaccines was not named as doctors in the European Union have been turning people away due to a serious shortage...
https://knews.kathimerini.com.cy/en/news/cyprus-detects-two-more-cases-of-monkeypox
Two more cases of monkeypox have been detected in the Republic of Cyprus, bringing the total of known infected patients to three males who all traveled abroad...
https://knews.kathimerini.com.cy/en/news/defendant-in-video-assault-says-trial-not-fair
A man accused of assaulting a black woman holding a baby in Larnaca is asking for a mistrial, with his lawyer saying media pundits and state officials violated his client’s right to a fair trial...
https://knews.kathimerini.com.cy/en/news/sba-judge-faces-dilemma-in-fake-cocaine-case
The attorneys of two men, who were arrested in Akrotiri in connection with a cocaine shipment investigation, are asking the SBA judge not to hand over their clients to the drug squad of the Republic of Cyprus, arguing their arrestable offenses were committed on British Base soil and had nothing to do with drugs...
https://knews.kathimerini.com.cy/en/news/ec-to-fund-migration-infrastructure-in-cyprus
The European Commission has announced it will be funding new projects to support the reception, asylum process and repatriation of migrants in Cyprus, Italy, Spain, Greece, and Poland....
https://knews.kathimerini.com.cy/en/news/china-s-ambassador-to-cyprus-condemns-pelosi-s-taiwan-visit
US House Speaker Nancy Pelosi’s recent visit to China’s Taiwan region is a gross interference in China’s internal affairs, a major event upgrading the substantive relations between the US and Taiwan, and sends a very wrong signal to “Taiwan independence” separatist forces, says the Spokesperson of the Embassy of China in Cyprus, in a written statement....
https://knews.kathimerini.com.cy/en/news/inside-jp-morgan-s-precious-metals-division-the-salaries-and-bonuses-of-the-golden-boys
The trial of the former head of precious metals at JP Morgan Chase, which has been in full swing since Friday, provides a sneak peek into the world of exchanges and the pay for its employees....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-rebounds-despite-lack-of-russian-tourists
Beside sparkling Mediterranean waters at the Cypriot resort town of Ayia Napa, the bars are bouncing with foam dance parties as tourist numbers rebound following two tough years of the pandemic....
https://knews.kathimerini.com.cy/en/news/28-8-of-cyprus-total-labor-force-in-2021-were-immigrants
Total immigrants in the Cyprus labor market in 2021 amounted to 180,344 corresponding to 28.8% of Cyprus’ total labor force, the Statistical Service of Cyprus (Cystat) has said....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-has-a-strong-presence-at-domestic-award-institutions
Lidl Cyprus received a total of sixteen awards in a wide range of business activity and innovation; notably at the impressive Cyprus HR Awards award ceremony, the Cyprus Responsible Business Awards and Cyprus Retail Excellence Awards as well as at the Cyprus BITE Excellence Awards....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-‘erdogan-feels-weak-says-ex-mossad-chief
With 42 years' worth of experience in the armed forces and intelligence, General Danny Yatom is a living legend in Israel....
https://knews.kathimerini.com.cy/en/news/oil-and-gasoline-sales-decreased-in-june
A total decrease of 6.8% was recorded in the sale of petroleum products in June, falling to 55,061 tons. Total sales of gasoline for June were down 5.9 percent, while diesel sales were down 10.4 percent, according to statistics released by the National Bureau of Statistics on Wednesday....
