https://knews.kathimerini.com.cy/en/news/a-historic-day-british-bases-lifts-restrictions-on-civilian-property-development
Eight years after the signing of a bilateral Arrangement between Cyprus and the UK, the SBA is today lifting restrictions on property development on 200 square kilometers of non-military areas within the bases....
https://knews.kathimerini.com.cy/en/news/halloumi-production-and-distribution-unaffected-by-war
The production and distribution of halloumi have not been affected by the war in Ukraine, said the Minister of Agriculture, Rural Development and Environment, Costas Kadis, saying that what they are trying to manage is the unallocated quantities from the pandemic period....
https://knews.kathimerini.com.cy/en/business/increasing-demand-brings-direct-flights-from-athens-to-paphos-beginning-the-25th-of-july-2022
Aegean flights from Athens to Paphos have been extended until the end of October 2022, according to an announcement by the Paphos region Tourism Development and Promotion office....
https://knews.kathimerini.com.cy/en/business/cyprus-greece-ferry-connection-tariffs-and-dates
After 21 years, the maritime passenger connection between Cyprus and Greece becomes a reality. On June 19, M/V Daleela will set sail from the port of Limassol on its first of many roundtrip voyages to Piraeus, thus inaugurating the new service put in place by the Ministry of Shipping....
https://knews.kathimerini.com.cy/en/news/‘i-will-visit-athens-when-we-win-the-war-ukraine-s-president-tells-kathimerini
Volodymyr Zelenskyy looked worn, he was probably sleepless, but he spoke passionately in his signature husky, nasal voice, stopping often to take a sip of coffee from the cup next to him....
https://knews.kathimerini.com.cy/en/news/covid-curbs-lifted-in-greece-ahead-of-summer-season
Greece lifted Covid-19 restrictions on Sunday for foreign and domestic flights, its civil aviation authority said, ahead of the summer tourism season that officials hope will see revenues bouncing back from the pandemic slump....
https://knews.kathimerini.com.cy/en/news/turkey-expands-usage-of-mir-to-circumvent-payment-problems-for-russian-tourists
Turkey is trying to attract more Russian tourists by expanding the usage of the Russian Mir payment system in Turkey as it seeks to bypass the payment bottleneck created by Western sanctions....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-letting-your-property-in-cyprus-through-online-platforms-e-g-airbnb
The economy of Cyprus is largely dependent on tourism, and this is evident from the fact that government revenues from tourism accounted for over 12% of Cyprus GDP in year 2019 (in accordance with publicly available statistics extracted pre Covid-19 pandemic). ...
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/diners-in-cyprus-hate-on-‘russian-tourists
A group of Latvian tourists in Cyprus posted a disturbing video on social media showing fellow diners at a hotel hating on them after mistaking them for Russians...
https://knews.kathimerini.com.cy/en/news/eib-ready-to-offer-funding-to-mitigate-effects-of-ukrainian-war-on-cyprus
New investment opportunities in Cyprus, as well as funding to mitigate the effects of the war in Ukraine, were discussed on Monday by President Nicos Anastasiadis, Finance Minister Constantinos Petridis and European Investment Bank (EIB) President Werner Hoyer. ...
https://knews.kathimerini.com.cy/en/news/the-cypriot-economy-must-be-diversified
An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities on March 11–28, 2022 to discuss recent economic developments and policy priorities....
https://knews.kathimerini.com.cy/en/business/us-tourists-flock-to-greece
Indications are growing that tourism from the US in Greece this year will approach the levels of 2019, and even exceed them if the international geopolitical uncertainties are lifted....
https://knews.kathimerini.com.cy/en/news/cyprus-abolishes-flight-pass-and-country-categorizations
As of April 18, 2022, travelers will no longer be required to fill out the Cyprus Flight Pass when entering Cyprus. The move comes after tourist organizations called on the government to abolish the Flight pass, noting that Cyprus would be left behind other countries that had already made the move. ...
https://knews.kathimerini.com.cy/en/news/cyprus-breaks-into-the-french-market
New prospects for tourist arrivals from France have opened both in the short-term and medium-term, Deputy Tourism Minister Savvas Perdios has told CNA, noting that Cyprus has managed to break into the French market after three long years....
https://knews.kathimerini.com.cy/en/news/poland-calls-on-eu-to-halt-issuance-of-schengen-visas-to-russians
Poland wants the Schengen Area countries to completely stop issuing Russians visas for short-term stays in the 26 Schengen countries as a part of the sanctions imposed due to the ongoing invasion of Ukraine by the Russian military....
https://knews.kathimerini.com.cy/en/news/cyprus-growth-expected-to-‘slow-sharply
Economic growth in Cyprus will slow sharply before recovering, due to the shock associated with the war in Ukraine, the International Monetary Fund has said, adding that the key near-term challenge “is to calibrate a policy response to the economic fallout from the war in Ukraine.”...
https://knews.kathimerini.com.cy/en/news/lagarde-cyprus-will-be-affected-by-inflation-and-rising-energy-costs
Cyprus will be affected by inflationary pressures and higher energy costs due to its dependence on oil imports for electricity generation, according to European Central Bank President Christine Lagarde....
https://knews.kathimerini.com.cy/en/news/ministers-point-out-the-need-for-the-cyprus-experience-in-tourism
There is a need for quality tourism in Cyprus as well as one that can be resilient in the face of a continuing crisis, ...
https://knews.kathimerini.com.cy/en/news/evalena-beach-hotel-in-protaras-to-open-its-doors-to-ukrainian-refugees
The Evalena beach hotel in Protaras will open its doors to war refugees from Ukraine, according to an announcement by the Ministry of Tourism. Refugees from Ukraine are entitled to free accommodation at this hotel until April 30, 2022....
https://knews.kathimerini.com.cy/en/news/tatar-varosha-has-become-a-well-known-brand
Varosha is one of the most valuable areas of the pseudo-state, Ersin Tatar said at a meeting with a delegation from the Varosha Unity and Solidarity Association....
https://knews.kathimerini.com.cy/en/news/akar-s-claim-of-joint-sea-exploitation-dismissed
Defense Minister Nikos Panagiotopoulos has denied the issue of “co-exploitation of the Aegean” was raised in talks with his Turkish counterpart Hulusi Akar on the sidelines of the NATO summit in Brussels on Wednesday....
https://knews.kathimerini.com.cy/en/news/refugees-from-ukraine-the-government-s-temporary-aid-package
An inter-ministerial committee that convened under the chairmanship of Interior Minister Nikos Nouris concluded with specific measures to host Ukrainian citizens in Cyprus who have fled their country due to the hostilities....
https://knews.kathimerini.com.cy/en/news/akar-calls-for-sharing-‘riches-of-the-aegean-with-greece
Turkish Defense Minister Hulusi Akar said his country is in favor of joint exploitation of “the riches of the Aegean” with Greece, following talks with his Greek counterpart in Brussels on Wednesday....
https://knews.kathimerini.com.cy/en/business/cyprus-loses-370-thousand-passengers-from-russia-and-ukraine
A significant number of Russian and Ukrainian tourists scheduled to arrive in Paphos in 2022 are no longer expected to visit Cyprus, according to information from Hermes Airports....
https://knews.kathimerini.com.cy/en/news/perdios-we-will-cover-the-loss-of-revenue-from-russian-tourists
Despite losing ground in the Russian and Ukrainian markets due to the war in Ukraine and sanctions against Russia, Deputy Tourism Minister Savvas Perdios was optimistic on Tuesday that this year's tourist arrivals could catch up with 2021 from the promotion of other markets, which may fill part of the gap from Cyprus' second largest tourist market....
https://knews.kathimerini.com.cy/en/news/cyprus-is-losing-its-russians-confronting-existential-questions-about-its-economy
For decades, Cyprus built an economy that courted Russians — Russian tourists, Russian investors, Russian oligarchs.
...
https://knews.kathimerini.com.cy/en/news/loss-of-1-5-to-2-of-cypriot-gdp-due-to-a-ban-on-russian-flights
Cyprus could lose 1.5% to 2% of its growth rate this year if the Cypriot airspace (under EU sanctions) to Russia remains closed for the whole of 2022, estimates the rating agency DBRS Morningstar, noting that despite the negative impact, the war in Ukraine will not derail the medium-term prospects of the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/finance-minister-concerned-over-rising-energy-and-grain-prices
Finance Minister Constantinos Petrides said today that he is concerned about the rising prices of grain and energy and the possibility of 'stagflation', but excluded the possibility of the Cypriot economy slipping into recession....
https://knews.kathimerini.com.cy/en/life/now-you-can-learn-how-to-paint-an-icon-weave-a-basket-or-make-halloumi-for-free
The Deputy Ministry of Tourism has announced a plan to offer people the opportunity to participate in workshops promoting crafts that are part of the country’s Intangible Cultural Heritage....
