https://knews.kathimerini.com.cy/en/news/cyprus-backs-un-resolution-condemning-houthi-attacks-on-red-sea-shipping
The Cypriot registry seems to remain unaffected for the time being by the latest developments in the Red Sea......
https://knews.kathimerini.com.cy/en/news/cyprus-witnesses-356-bounced-cheques-yet-a-€1-7m-surge
In a recent disclosure, the Cyprus Central Bank unveiled a decrease in the issuance of uncovered checks during 2023, reporting a total of 356 compared to the previous year's 473.
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https://knews.kathimerini.com.cy/en/news/sheikh-s-$203m-investment-brings-the-waldorf-astoria-to-greece
Abu Dhabi's Sheikh Takhoun bin Zayed Al Nayan, known for his extensive investments in Greece since 2018, is set to mark a milestone with the construction of the first ''Waldorf Astoria Hotel & Resort'' in Greece....
https://knews.kathimerini.com.cy/en/news/1-non-performing-loans-hold-steady-at-€2b-amid-rising-rates
Non-performing loans in the Cyprus banking system remained essentially unchanged at €2 billion in October 2023, marking a marginal reduction of just €2 million, in an environment of rising interest rates....
https://knews.kathimerini.com.cy/en/news/faster-approvals-in-just-90-days-deputy-minister-reveals
The average processing time for the guaranteed minimum income (GMI) applications has been reduced by 75%, from 12 months to 90 days, the Deputy Minister of Social Welfare, Marilena Evangelou, said during a press conference on the modernisation and upgrade of the GMI....
https://knews.kathimerini.com.cy/en/news/kaili-slams-qatargate-probe-and-freemason-judges-in-tv-interview
MEP Eva Kaili, facing corruption and money laundering charges in the Qatargate scandal, vehemently defended herself in a recent interview with Italian channel Retequattro....
https://knews.kathimerini.com.cy/en/news/ceo-predicts-price-drops-for-homes-over-500k-euros
In the latest property data, the real estate landscape in Cyprus paints a picture of continuous growth, particularly in the apartment sector. However, a closer look reveals a potential plateau in the high-end market, specifically for properties priced at 500 thousand euros and above....
https://knews.kathimerini.com.cy/en/business/cyprus-cheers-as-beer-sales-bubble-up-in-2023
In a frothy turn of events, Cyprus witnessed a 1.5% surge in total beer sales last year, with a notable 9% boost in exports....
https://knews.kathimerini.com.cy/en/news/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview
Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....
https://knews.kathimerini.com.cy/en/news/eighty-football-teams-choose-cyprus-for-intensive-training
Eighty football teams have already chosen Cyprus for their training preparation this year, Tourism Deputy Minister Costas Koumis said on Thursday, noting that last year the total number of teams that arrived in Cyprus for their training preparation was 92....
https://knews.kathimerini.com.cy/en/news/government-s-photovoltaics-for-all-plan-sparks-debate-on-eligibility-and-funding
The Government Grant Scheme for transitioning citizens to renewable energy sources and promoting energy-saving initiatives in homes for the period 2024-2025 is currently open for public consultation until January 19, 2024. ...
https://knews.kathimerini.com.cy/en/news/christodoulides-strong-message-ignore-sirens-focus-on-governance
The swearing-in and assumption of duties of the new ministers and officials of the government took place today (10/01), at the Presidential Palace....
https://knews.kathimerini.com.cy/en/news/record-34-6-surge-in-vehicle-registrations-unveiled
In a gear-shifting revelation, Cyprus witnessed a remarkable 34.6% surge in vehicle registrations, hitting 45,494 in the period from January to December 2023, as reported by the Cyprus Statistical Service in their latest report titled ''Vehicle Registrations.''
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https://knews.kathimerini.com.cy/en/news/cyprus-faces-widening-trade-gap-as-imports-surge-in-2023
Cyprus bought more goods from other countries than it sold to them by nearly €8 billion from January to November 2023. That's up by about €962 million compared to the same time frame in 2022, according to new data from Cyprus' statistics office....
https://knews.kathimerini.com.cy/en/news/reclaiming-700-000-vacant-homes-could-ease-greece-s-housing-crisis
The return to the real estate market of at least 700,000 homes that are currently closed or have stood empty for a number of years could play a key role in addressing Greece’s housing crisis....
https://knews.kathimerini.com.cy/en/business/ft-loose-parts-detected-on-grounded-737-max-jets
United Airlines and Alaska Airlines have uncovered loose parts on some grounded Boeing 737 Max aircraft, escalating concerns for the aerospace giant following a recent mid-air incident. ...
https://knews.kathimerini.com.cy/en/news/greek-pm-sparks-debate-on-same-sex-marriage-rights
Prime Minister Kyriakos Mitsotakis has decided to open the debate on same-sex marriage and parenthood, as is expected to address the issue extensively in a television interview on Wednesday....
https://knews.kathimerini.com.cy/en/business/79-jump-in-consumer-complaints-this-year
In a substantial leap from 2022, the Cyprus Consumer Association reports a noteworthy spike in four complaint categories in 2023....
https://knews.kathimerini.com.cy/en/news/far-right-and-conservatives-gain-momentum-in-europe
The far-right and conservative parties are gaining strength across Europe, while the possibility of reaching up to 29% of the seats in the European Parliament is visible, explains to "K" Tobias Gerhard Schminke, founder of the platform for collecting electoral data Europe Elects....
https://knews.kathimerini.com.cy/en/news/dog-s-bark-saves-neighbor-s-home-from-flames
In the quiet town of Arlington, Washington, a furry hero emerged in the dead of night, changing the tune of a seemingly ordinary evening....
https://knews.kathimerini.com.cy/en/news/cdc-reports-rapid-spread-of-jn-1-subvariant-now-dominant-in-the-us
The JN.1 subvariant of COVID-19 has swiftly become the predominant strain in the United States, leading to a surge in new cases, according to the US Centers for Disease Control and Prevention (CDC)....
https://knews.kathimerini.com.cy/en/news/1-000-rescued-from-snow-stranded-vehicles-in-sweden
Swedish authorities have successfully evacuated over 1,000 people who were stranded in heavy snow for more than 24 hours on the main E22 road in the Skane region.
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https://knews.kathimerini.com.cy/en/business/europe-tightens-rules-on-short-term-rentals-for-sustainable-tourism
The noose has tightened for short-term rentals within European territory, i.e. ''Airbnb'' and other well-known platforms. The aim of the new three rules from the European institutions is to promote more sustainable tourism,...
https://knews.kathimerini.com.cy/en/life/veganism-from-fringe-movement-to-global-phenomenon
The launch of Burger King's Impossible Whopper in 2019 was a 'pinch me' moment for longtime vegan advocate Toni Vernelli....
https://knews.kathimerini.com.cy/en/news/cyta-unions-stage-two-hour-work-stoppage-over-staff-future
In response to management's proposed alterations to the future of Cyta's staff, the unions are initiating a decisive move with a two-hour work stoppage today from 8-10 am....
https://knews.kathimerini.com.cy/en/news/nicosia-hospital-powers-up-as-photovoltaic-park-installation-underway
In a significant development, the initial phase of the photovoltaic park installation at Nicosia General Hospital, managed by the State Health Services Organisation (OKYPY)...
https://knews.kathimerini.com.cy/en/news/t-c-leader-faces-bribery-scandal-involving-former-turkish-vp
Reports and a leaked audio document are causing a stir in the Turkish Cypriot community, suggesting that Fuat Oktay, former Turkish vice-president handling the Cyprus file for Ankara, received a $50 million bribe from the late...
https://knews.kathimerini.com.cy/en/business/landlords-urged-to-be-reasonable-when-pricing-rentals
Marinos Keynegirou, the president of the Real Estate Registration Council, warns of escalating prices and dwindling demand in the real estate market's fourth quarter....
https://knews.kathimerini.com.cy/en/news/33-fatal-accidents-before-year-s-end-cyprus-police-on-high-alert
To date this year, six days before January 1, 2024, 33 people have lost their lives in 31 fatal accidents, Police Communications Officer, Eleni Constantinou, told CNA on Wednesday, noting that the Police are on high alert these days to prevent fatal and serious accidents....
https://knews.kathimerini.com.cy/en/news/pafos-polis-chrysochous-motorway-construction-continues-amid-contractual-discussions
The risk of halting construction on the Pafos-Polis Chrysochous motorway has been temporarily averted. In recent days, the construction company formally submitted a series of requests in a letter to the Department of Public Works and the Ministry of Transport,...
