https://knews.kathimerini.com.cy/en/news/cyprus-ends-2023-with-€918-7-million-fiscal-surplus
Cyprus's financial report card for 2023 is in, and it's showing some positive signs. According to the Statistical Service of Cyprus, the country ended the year with a fiscal surplus of €918.7 million. That's like having extra money left over after paying all the bills....
https://knews.kathimerini.com.cy/en/news/europe-s-heat-related-deaths-surge-by-30-in-20-years-report-finds
Scorching weather has baked Europe in more days of “extreme heat stress” than its scientists have ever seen....
https://knews.kathimerini.com.cy/en/news/cypriot-banks-predicted-to-surpass-€1-2-billion-profits-in-2024
In a landmark year, Cypriot banks soared to unprecedented heights, boasting profits exceeding €1.1 billion in 2023....
https://knews.kathimerini.com.cy/en/news/summer-optimism-in-cyprus-tourism-despite-regional-uncertainty
Tourism in Cyprus soared last March, boasting a 9.8% increase, welcoming 202,256 travelers. From January to March 2024, arrivals hit 415,251, marking a 5.4% rise....
https://knews.kathimerini.com.cy/en/news/two-teens-injured-in-ayia-napa-motorcycle-accident
In a critical condition, a 17-year-old resident of Paralimni is hospitalized at the Nicosia General Hospital after being injured last night in a road collision in Ayia Napa....
https://knews.kathimerini.com.cy/en/news/heartbreaking-gaza-photo-wins-world-press-photo-of-the-year
Reuters photographer Mohammed Salem captured this year’s prestigious World Press Photo of the Year award Thursday with a depiction of loss and sorrow in Gaza, a heartrending photo of a Palestinian woman cradling the body of her young niece....
https://knews.kathimerini.com.cy/en/news/locomondo-to-rock-cyprus-in-epic-summer-concert
3 of a Kind Company presents the renowned band Locomondo in an electrifying concert, promising a night to remember this summer.
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https://knews.kathimerini.com.cy/en/news/famagusta-s-tourism-success-development-struggles
Famagusta Province in Cyprus boasts the highest tourism revenue contribution nationwide, but falls short in infrastructure development and enhancement projects....
https://knews.kathimerini.com.cy/en/news/reduced-vat-for-homebuyers-within-12-months
The parliament has passed a law enabling beneficiaries to apply for a reduced 5% VAT rate within a year of acquiring a residence....
https://knews.kathimerini.com.cy/en/news/undocumented-workers-discovered-at-paphos-construction-site
Five individuals and their employer are facing charges for illegal employment in Paphos, according to Michael Nicolaou, Assistant Police Director of Operations in Paphos....
https://knews.kathimerini.com.cy/en/business/alternative-investments-and-portfolio-diversification
In contrast to traditional investments in stocks and bonds, portfolios incorporating alternative investments have historically offered higher returns, a trend that has become more prevalent in recent years. ...
https://knews.kathimerini.com.cy/en/news/let-s-bring-on-the-sunshine
As we kick off this fabulous Friday, it's time to dust off those sunglasses and get ready for a weekend filled with sunshine and good vibes! We've got the scoop on the weather ahead,...
https://knews.kathimerini.com.cy/en/news/britain-s-prince-harry-officially-a-us-resident
In a significant move, Prince Harry, formally known as Prince Henry Charles Albert David Duke of Sussex, has officially declared himself a resident of the United States, as per a recent regulatory filing in the United Kingdom....
https://knews.kathimerini.com.cy/en/news/two-russians-held-for-alleged-spy-activities-in-germany
Two Russian nationals have been arrested in southern Germany suspected of plotting sabotage attacks on US military facilities, German prosecutors announced on Thursday....
https://knews.kathimerini.com.cy/en/news/4-million-euros-to-foster-turkish-cypriot-business-integration
The European Commission, in partnership with GIZ International Services, has initiated a two-year project aimed at bolstering private sector development within the Turkish Cypriot community and enhancing Green Line trade,...
https://knews.kathimerini.com.cy/en/news/cyprus-reiterates-non-recognition-of-kosovo-s-independence
In a statement to CNA on Thursday, Cyprus' Foreign Ministry spokesperson, Theodoros Gotsis, reaffirmed the nation's enduring positions regarding Kosovo. ...
https://knews.kathimerini.com.cy/en/news/lakatamia-residents-startled-by-overnight-blast
Authorities were placed on high alert early Thursday, April 18, following an explosion in the Lefkosia Province, sending shockwaves through the community.
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https://knews.kathimerini.com.cy/en/news/sweden-passes-law-on-gender-transition-at-16
Sweden's parliament has passed a law lowering the age at which people can change their legal gender from 18 to 16, and making the process easier....
https://knews.kathimerini.com.cy/en/news/healthier-ready-to-eat-meals-could-slash-eu-emissions-by-48m-tonnes
Healthier ready-to-eat meals could cut EU emissions by 48m tonnes annually and save customers €2.8bn (£2.4bn) each year, as well as reducing disease, a report has found....
https://knews.kathimerini.com.cy/en/news/cyprus-public-debt-declines-economic-outlook-brightens
According to a report by Panayiotis Rougalas, Cyprus is seeing a promising reduction in its public debt, with figures suggesting a return to 2019 levels....
https://knews.kathimerini.com.cy/en/life/olympic-flame-lit-in-ancient-olympia-embarks-on-journey-to-paris
The Olympic Flame embarked on its journey from Ancient Olympia, marking the Lighting Ceremony for the 33rd Olympic Games 2024, set to be hosted in Paris from July 26 to August 11....
https://knews.kathimerini.com.cy/en/news/eu-champions-ocean-health-with-$3-71-billion-investment
The European Union will spend 3.5 billion euros ($3.71 billion) to protect the ocean and promote sustainability through a series of initiatives this year, the EU’s top environment official said on Tuesday.
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https://knews.kathimerini.com.cy/en/news/dubai-hit-by-two-years-worth-of-rain-in-a-single-day
In an unprecedented event, Dubai experienced torrential rainfall equivalent to two years' worth of precipitation in just one day, leading to severe flash flooding that brought the city to a standstill....
https://knews.kathimerini.com.cy/en/news/truck-catches-fire-in-paphos
In the early hours of Thursday morning, a training truck stationed at the road transport department yard in Paphos became engulfed in flames, sending plumes of smoke billowing into the sky....
https://knews.kathimerini.com.cy/en/news/cyprus-greece-ferry-bookings-open-on-wednesday
The Deputy Ministry of Shipping announced the commencement of the third season of operation for the Cyprus-Greece Maritime Passenger Link in a press conference held on Tuesday, April 16, 2024....
https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/comment/opinion/the-hidden-lives-of-migrants-in-cyprus
Behind closed doors lies a hidden reality in Cyprus, where neglected homes become sanctuaries for new occupants, often foreigners seeking refuge from economic hardships....
https://knews.kathimerini.com.cy/en/news/second-boat-arrives-at-larnaca-port-with-73-migrants
Another boat carrying 73 people, all from Syria, was brought to Larnaca port yesterday evening....
https://knews.kathimerini.com.cy/en/news/surge-in-irregular-migrant-returns-from-cyprus-in-2024
Cyprus has seen a significant rise in the number of returns of irregular migrants in 2024 compared to the previous year, attributed to government measures aimed at strengthening the returns sector....
https://knews.kathimerini.com.cy/en/business/dynamic-presence-of-petrolina-at-the-opap-limassol-marathon-2024
Once again, Petrolina's contribution to the organization of the OPAP Limassol Marathon was dynamic. The marathon took place on April 13th - 14th, 2024, with a record number of participants exceeding 17,000 runners from Cyprus and abroad....