https://knews.kathimerini.com.cy/en/news/cypriot-economy-on-the-brink-says-finance-minister
During his address to the House of Representatives and following his presentation to the Parliamentary Finance Committee on the government's comprehensive package of seven measures for addressing foreclosure issues, ...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-gov-t-to-pay-€345-000-to-turkish-cypriot-for-illegal-use-of-property
The big news: "Compensation of €345,000 will be paid to a T/C of American origin by the Republic of Cyprus, while also returning his property in Limassol, which was being used illegally....
https://knews.kathimerini.com.cy/en/business/unemployment-reaches-17-month-low
Recent data, adjusted for seasonal variations, reveals that the number of registered unemployed individuals in June 2023 has hit its lowest level in the past 17 months....
https://knews.kathimerini.com.cy/en/news/un-chief-spells-out-need-for-envoy-deal-on-cyprus
An important step forward would be an agreement with the sides on an appointment of a United Nations envoy, who could explore ways to reach common ground towards resuming negotiations for a lasting settlement in Cyprus, the UN Secretary General says, while urging the leaders to send a clear signal that 'this time things will be different'...
https://knews.kathimerini.com.cy/en/news/double-impact-on-gas-station-owners
Citizens are in turmoil following the termination of reduced special consumption tax rates on transportation and heating fuels, which resulted in increases of 8.32 cents in gasoline and diesel, and 6.83 cents in heating fuels.
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https://knews.kathimerini.com.cy/en/news/european-stocks-rally-on-hope-of-interest-rate-peak
Eurozone inflation fell more than expected to 5.5 percent in June, its lowest rate since the start of last year, but a slight rebound in core consumer price growth tempered any relief for policymakers....
https://knews.kathimerini.com.cy/en/news/eu-commission-issues-green-line-report
Trade, as well as crossings through the Green Line have increased in 2022 compared to 2021, according to an annual report on the implementation of the Green Line Regulation published by the Commission...
https://knews.kathimerini.com.cy/en/news/chimp-s-joyous-encounter-with-the-open-sky
How sweet is the open sky? A touching video caught the first time that Vanilla the chimpanzee — a 29-year-old survivor of New York’s infamous Laboratory for Experimental Medicine and Surgery in Primates (LEMSIP) — saw the open sky after arriving at the Save the Chimps sanctuary in Fort Pierce, Florida....
https://knews.kathimerini.com.cy/en/news/uk-ministers-urged-to-end-marine-mammal-hunting
Dolphins and other marine mammals are being failed by the UK government, MPs have said, as they call for ministers not to sign trade deals without considering cetacean welfare....
https://knews.kathimerini.com.cy/en/news/cabinet-pulls-plug-on-fuel-subsidies
Temporary fuel state subsidies are set to expire before the weekend in the Republic of Cyprus, after the finance minister announced an extension could not be justified...
https://knews.kathimerini.com.cy/en/comment/opinion/acknowledging-borders-critical-functions
Migration is a complex issue with various causes that differ across seasons and regions....
https://knews.kathimerini.com.cy/en/news/cyprus-joins-campaign-to-boost-seafarer-recruitment
To mark the 'Day of the Seafarer' on June 25, the International Chamber of Shipping (ICS) partnered with its Members, including the Cyprus Shipping Chamber, to launch a Seafarers Recruitment Campaign Film titled 'An Adventurous Spirit'
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https://knews.kathimerini.com.cy/en/news/debate-on-fuel-from-north-misfires-ahead-of-protest
Greek Cypriot gas station owners are livid with government officials who told the public it is not illegal to buy Turkish Cypriot gasoline, sparking a chaotic debate on Tuesday as protesting fuel dealers move to block motorists from entering the north...
https://knews.kathimerini.com.cy/en/news/stricter-controls-on-fuel-trading-in-occupied-areas
Stricter controls and public disclosure for fuel traders in the occupied areas to be announced tomorrow, Energy Minister George Papastasiou declares....
https://knews.kathimerini.com.cy/en/news/drug-related-deaths-surge-in-vienna
A new UN report said the number of people suffering from drug use disorders had skyrocketed in the last 10 years....
https://knews.kathimerini.com.cy/en/news/nicosia-seeks-compromise-on-eu-pesticide-policy
The sustainable use of pesticide regulation in the EU will be among the topics discussed at the Agriculture and Fisheries Ministers Council, which is taking place in Luxembourg on June 26-27...
https://knews.kathimerini.com.cy/en/business/cyprus-slips-in-global-competitiveness-rankings-for-third-consecutive-year
Cyprus has experienced a decline in its global competitiveness for the third consecutive year, dropping from the 40th position to the 45th out of 64 countries in the IMD World Competitiveness Center rankings....
https://knews.kathimerini.com.cy/en/news/crackdown-on-counterfeit-goods-results-in-seizure-of-over-1-700-items
In a targeted operation conducted last Monday, June 19, the Police and Customs Department successfully seized over 1,700 items of clothing and toys suspected to be counterfeit goods bearing various brand names. ...
https://knews.kathimerini.com.cy/en/business/russia-s-use-of-chinese-yuan-to-bypass-western-sanctions-may-come-to-an-end
Russia has been using China's yuan to get around sanctions — but at least one major Chinese bank has halted transfers from Russia over fears of secondary sanctions from the West....
https://knews.kathimerini.com.cy/en/news/eu-allocates-€20-million-for-sudan-refugee-crisis
During a two-day visit to Cairo, EU foreign policy chief Josep Borrell expressed support for Egypt's efforts to end the hostilities in Sudan.
...
https://knews.kathimerini.com.cy/en/news/us-china-relations-enter-stabilization-phase-as-blinken-visits-beijing
The US and China have pledged to stabilize their tense relationship following US Secretary of State Antony Blinken's two-day visit to Beijing....
https://knews.kathimerini.com.cy/en/news/cyprus-struggles-with-renewable-energy-and-storage-gap
Only 15% of Cyprus' total energy production comes from Renewable Energy Sources (RES), highlighting the country's significant lag in this sector....
https://knews.kathimerini.com.cy/en/news/backlash-over-cyprus-vat-refund-change
The recent decision made by the Department of Customs to raise the expenditure limit for VAT refunds to third-country travelers visiting Cyprus is receiving criticism for its adverse effects on tourism expenditure....
https://knews.kathimerini.com.cy/en/news/anticipating-the-arrival-of-natural-gas-in-cyprus
After attending a workshop on energy issues in Nicosia and engaging in meetings with stakeholders in the UK, George Papanastasiou, the Minister of Energy, Trade, and Industry, is now embarking on a two-day working visit to Israel. ...
https://knews.kathimerini.com.cy/en/news/registered-jobless-numbers-drop-in-may-indicating-declining-unemployment
According to data from the Provincial Labour Offices, the number of registered unemployed individuals at the end of May 2023 decreased to 10,357 persons, marking a decline compared to both the previous month and May of the previous year....
https://knews.kathimerini.com.cy/en/news/380-cyta-employees-on-the-brink-of-departure
In an effort to further reduce operational expenses and renew its workforce, Cyta has implemented another voluntary employee exit plan, targeting individuals who meet specific conditions....
https://knews.kathimerini.com.cy/en/news/wasted-potential-cyprus-grapples-with-renewable-energy-storage-challenges
The Parliamentary Trade Committee of the House of Representatives examined the issue of the absence of renewable electricity storage systems, which leads to the rejection of significant power generation. ...
https://knews.kathimerini.com.cy/en/news/cyprus-gdp-soars-3-4-growth-in-q1-2023
Gross Domestic Product (GDP) in the first quarter of the year reached 6.2 billion euros, marking a 3.4% annual increase....
https://knews.kathimerini.com.cy/en/news/april-sees-surge-in-retail-trade
Retail trade increased significantly in April in both value and volume metrics, according to the latest data released Thursday by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/business/minister-calls-for-duty-free-halloumi-exports-to-australia
Minister for Agriculture Petros Xenophontos participated in the Agriculture and Fisheries Council of the EU on Tuesday, where he participated in discussions regarding the state of the agricultural market in the EU as well as trade with Ukraine.
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