https://knews.kathimerini.com.cy/en/news/central-bank-predicts-2-2-gdp-growth-in-2023
The Central Bank of Cyprus (CBC) expects GDP growth of 2.2% in 2023, compared to significant growth of 5.1% in 2022, while for the years 2024-26 it expects GDP growth of 2.6%, 3.1% and 3.2%, respectively....
https://knews.kathimerini.com.cy/en/news/eu-mulls-tax-breaks-for-islands-nations-on-aviation-fuel
European Union nations are in talks to grant exemptions for a proposed EU-wide tax on aviation fuel, particularly favoring islands. A draft document from Belgium,...
https://knews.kathimerini.com.cy/en/news/new-rules-for-presidential-advisers-set-amid-political-turmoil
The House of Representatives, in a vote of 46 in favor and one against, has approved a bill outlining the criteria for hiring advisers-associates to the president, ministers, and deputy ministers....
https://knews.kathimerini.com.cy/en/business/larnaca-s-renaissance-as-the-island-s-boutique-oasis
In a recent article by Kathimerini journalist Maria Eracleous, the spotlight is on Larnaca's burgeoning tourism sector, with a particular focus on the Accor Group's inaugural venture in the city....
https://knews.kathimerini.com.cy/en/business/hotel-berengaria-€40m-revival-sparks-environmental-debate
Positively, the Environmental Authority has conditionally approved the revival and operation of Hotel Berengaria and the construction of houses in Prodromos....
https://knews.kathimerini.com.cy/en/business/cyprus-hotels-secure-2nd-spot-in-european-tourist-satisfaction
In a report in Kathimerini's Oikonomiki newspaper today by Maria Eracleous, Cypriot hotels experience the highest levels of guest satisfaction during the peak summer months of April to June, with an overall satisfaction index averaging 85% from January to November....
https://knews.kathimerini.com.cy/en/news/nissi-beach-ranks-22nd-globally-on-tripadvisor
In the recently released list of the world's top 25 beaches by TripAdvisor, Nissi Beach in Cyprus proudly claims the 22nd spot, says Maria Eracleous of Kathimerini. ...
https://knews.kathimerini.com.cy/en/business/greece-tops-yachting-visits-yet-revenue-struggles
In the last three years, Greece has become the country with the largest number of yachts (commercial and private) visiting, surpassing traditional leaders in the sector such as France and Italy....
https://knews.kathimerini.com.cy/en/comment/opinion/europe-s-sleepless-nights-over-egypt-s-crisis
Ask almost any European official specializing in security matters what keeps them up at night, and they’ll probably answer ''Egypt.'' ...
https://knews.kathimerini.com.cy/en/news/athens-is-the-ultimate-hit-with-americans-as-visitors-top-1-million
Athens has developed into a booming 12-month tourism destination, and its biggest market is the US, a new survey is showing....
https://knews.kathimerini.com.cy/en/news/cyprus-sunshine-cup-races-back-into-international-spotlight
Cyprus Sunshine Cup is re-introduced on the calendar of the International Cycling Union (UCI- Union Cycliste Internationale) and Deputy Minister of Tourism Kostas Koumis has pledged that he will do his utmosτ for the Cup to regain its ''old glory.''...
https://knews.kathimerini.com.cy/en/business/greece-to-bring-in-40-000-workers-from-six-countries
Prime Minister Kyriakos Mitsotakis announced on Thursday that Greece is on the cusp of a migration agreement with India to bring in unskilled and skilled workers to the country to be employed in the agricultural, construction and tourism sectors....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-faces-headwinds-in-2024
According to an article by Maria Eracleous published in Kathimerini's Oikonomiki, the tourism sector in Cyprus is grappling with a challenging start to 2024, primarily attributed to the ongoing conflict in Israel and heightened price sensitivity impacting travel demand....
https://knews.kathimerini.com.cy/en/business/airbnb-soars-in-cyprus-as-over-6-700-properties-embrace-the-trend
In Cyprus, there's a growing trend in tourist accommodation preferences, with an increasing number opting for self-catering options like Airbnb, according to Marios Tsianakas,...
https://knews.kathimerini.com.cy/en/news/cyprus-sees-2-9-dip-in-tourist-arrivals-in-january
Tourist arrivals in Cyprus for January 2024 declined by 2.9% compared to the same period last year, with 87,961 arrivals, according to data released by the Cyprus Statistical Service (CyStat)....
https://knews.kathimerini.com.cy/en/news/cyprus-tourism-braces-for-challenges-in-2024
The Association of Cyprus Tourist Enterprises (ΣΤΕΚ) is getting a bit jittery about the upcoming tourist season in 2024. In a recent meeting, they chatted with a representative from Hermes Airports to figure out what's going on....
https://knews.kathimerini.com.cy/en/news/russian-tourists-warned-against-turkish-occupied-cyprus-trips
Vice-President of the Alliance of Tourist Agents of Russia, Aleksan Mkrtchyan, has warned Russian tourists to avoid trips to Turkish occupied Cyprus....
https://knews.kathimerini.com.cy/en/news/after-berengaria-comes-the-development-of-the-highlands
In recent months, work on the historic Berengaria Hotel in Prodromos, a €35 million project, has come to a standstill. But this is only temporary....
https://knews.kathimerini.com.cy/en/news/booking-com-warns-of-human-rights-risks-in-occupied-territories
Accommodation booking giant Booking.com issues a cautionary note to travelers planning visits to the occupied territories, highlighting ''threats to human rights.'' The announcement urges travelers to make well-informed decisions regarding accommodation and travel plans....
https://knews.kathimerini.com.cy/en/news/global-academics-rally-against-india-s-great-nicobar-development-project
In a fervent plea echoing concerns of humanitarian and environmental repercussions, academics worldwide have implored India to halt a monumental development initiative on Great Nicobar Island....
https://knews.kathimerini.com.cy/en/news/cyprus-airways-launches-direct-flights-from-larnaca-to-brussels
Today marks a milestone for Cyprus Airways as the airline proudly announces the commencement of flights between Larnaca and the vibrant city of Brussels twice a week.
...
https://knews.kathimerini.com.cy/en/news/capturing-history-on-the-slopes-the-1962-int-l-ski-championships-in-cyprus-photo-gallery
Images capturing a moment of normality, a year before the intercommunal riots of 1963, were captured by the camera of 17-year-old Yannis Michaelides from Nicosia....
https://knews.kathimerini.com.cy/en/business/boeing-faces-setback-as-737-max-jets-require-rework-due-to-mis-drilled-holes
Boeing is facing a new setback in the production of its 737 Max jets, as approximately 50 undelivered planes will require rework due to a manufacturing problem. ...
https://knews.kathimerini.com.cy/en/news/nicosia-s-boutique-hotel-scene-flourishes-amid-tourism-surge
Seeking accommodation in a hotel in Nicosia for February, the search yields 22 options. Narrowing the search by distance from the city center results in fewer choices, yet still satisfactory. Twelve boutique units, primarily small boutique hotels, emerge from the search on booking.com....
https://knews.kathimerini.com.cy/en/news/swiss-arrivals-set-to-hit-80-000-says-deputy-minister-koumis
Cyprus Deputy Minister for Tourism Costas Koumis has said that further increase in tourist arrivals from Switzerland is feasible with arrivals from the country in Cyprus estimated at 80,000 this year....
https://knews.kathimerini.com.cy/en/news/cyprus-dining-experience-elevated-at-wiz-50-best-awards
For the second consecutive year, WiZ GUIDE, SppMedia Group, and the Bank of Cyprus co-hosted the prestigious ''WiZ 50 BEST Restaurants'' ceremony....
https://knews.kathimerini.com.cy/en/business/thanos-hotels-arrival-signals-shift-in-nicosia-s-identity
In Nicosia, specifically within its historic center and nestled within the ancient walls, Thanos Hotels is gearing up for a new venture. ...
https://knews.kathimerini.com.cy/en/news/transport-for-london-accused-of-exploiting-eu-drivers-for-fines
European governments allege one of the largest data breaches in EU history as Transport for London (TfL) accused of illegally obtaining personal data for fines....
https://knews.kathimerini.com.cy/en/business/wizz-air-soars-to-new-heights-with-71-increase-in-cypriot-passengers
In 2023, Wizz Air experienced a remarkable surge in popularity among Cypriot travelers, with a staggering 71% increase in passengers compared to the previous year, reaching a total of 2.2 million passengers, as announced by the company....
https://knews.kathimerini.com.cy/en/news/beyond-the-comfort-zone-for-sustainable-growth
The comfort zone, an imaginary haven of safety and certainty, doesn't always foster growth....
