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/news/clashes-between-locals-and-foreigners-continue
A man has been arrested in the aftermath of a violent altercation between locals and foreigners in Emba, a quiet town in western Cyprus where residents have been up in arms over recent arrivals of Syrian and African refugees...
https://knews.kathimerini.com.cy/en/news/op-ed-inflation-welcomes-generation-z
Inflation is the rate at which prices rise, which means that we need more money to buy the same product or service. Consequently, if your salary stays the same, then your purchasing power will decrease, as you will be able to buy fewer goods and services....
https://knews.kathimerini.com.cy/en/news/restrictive-measures-to-be-lifted-completely
With the epidemiological picture showing a small but steady improvement, the road to normalcy is wide open, with the agenda including the lifting of more restrictions and ultimately the introduction of new significant relaxations....
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/news/ukraine-rushing-to-evacuate-civilians-as-the-war-hits-its-6th-week
Fearing a new offensive in the six-week-old war, Ukraine rushed to evacuate civilians as Russian forces pounded cities and towns in the east and south, and Kyiv called on the West to place "ruinous" sanctions on Moscow....
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/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/ukrainian-refugees-facing-high-rents-and-language-barriers
A new Call Center, that will provide comprehensive information to refugees from Ukraine regarding immigration, education, welfare and other relevant matters, will begin operating on Thursday, March 31, according to the Deputy Ministry of Research, Innovation and Digital Policy....
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/nouris-to-send-urgent-letter-to-ec-regarding-migrant-crisis
Interior Minister Nicos Nouris said on Thursday he was to send an urgent letter to the European Commission, along with evidence proving the mass influx of migrants to the Republic through Turkey, to highlight the extent of the problem faced by the country....
https://knews.kathimerini.com.cy/en/news/1-eu-releases-€3-4b-to-help-countries-accommodating-ukrainian-refugees
The European Union will release €3.4 billion in recovery funds to help countries absorb refugees from Ukraine fleeing the Russian invasion, the Commission said on Wednesday....
https://knews.kathimerini.com.cy/en/news/ministry-of-foreign-affairs-700-protection-applications-submitted-by-ukrainian-refugees-in-cyprus
About 700 refugees from Ukraine have applied for sanctuary in Cyprus, according to Minister of Interior Nicos Nouris. The Ministry of Interior has begun issuing residency cards for the applicants which will allow them to apply for work, avail of medical services, and procure housing and food....
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/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/young-migrants-in-‘miserable-camp-says-cyprus-commissioner-for-children-s-rights
The war in Ukraine has focused the world’s attention on the plight of millions fleeing the country. But migrants from sub-Saharan Africa, Asia and elsewhere continue to reach ethnically divided Cyprus, where authorities say they’re overwhelmed....
https://knews.kathimerini.com.cy/en/news/karousos-the-russian-and-ukrainian-markets-are-lost-for-this-year
An action plan for replacing the lost tourism from the Russian and Ukrainian markets is being prepared according to the Minister of Transportation, Communications and Works Yiannis Karoussos....
https://knews.kathimerini.com.cy/en/news/averof-calls-on-government-to-abolish-cyprus-flight-pass-from-1-april
The President of the DISY, Mr. Averof Neophytou, had successive meetings with the political leadership and tourism organizations today, with the aim of coordinating the efforts to deal with the consequences of the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/eu-plans-to-grant-ukrainian-refugees-right-to-stay-for-up-to-3-years
The European Union is preparing to grant Ukrainians who flee the war the right to stay and work in the 27-nation bloc for up to three years, senior EU and French officials said, thanking volunteers at the borders for helping those who arrive....
https://knews.kathimerini.com.cy/en/news/cyprus-to-cover-pcr-costs-for-ukrainian-arrivals
Cyprus will cover the cost of PCR tests for Ukrainian citizens arriving at Larnaca and Pafos airports, according to instructions given by Cyprus President, Nicos Anastasiades....
https://knews.kathimerini.com.cy/en/news/cyprus-welcomes-ukrainians-amid-complaints
European countries have been welcoming war-fleeing Ukrainians in the last few days, prompting Cyprus’ president to step in following complaints about PCR costs, but other reports suggested foreigners inside the former soviet republic were being treated differently including ethnic Greeks...
https://knews.kathimerini.com.cy/en/news/agreement-reached-between-cyprus-and-frontex-for-migrant-repatriations
The Republic of Cyprus and FRONTEX have reached an agreement to set up an action plan for the return of migrants whose asylum applications have been rejected, to their countries of origin...
https://knews.kathimerini.com.cy/en/news/migrant-arrivals-in-cyprus-increased-in-january-2022
Frontex publishes report as Justice Minister and Frontex Executive Director discuss border security and migration on Wednesday...
https://knews.kathimerini.com.cy/en/news/deputy-minister-of-tourism-upbeat-over-tourist-flows-from-russia-in-2022
Cyprus Deputy Minister of Tourism Savvas Perdios said he received optimistic messages over this year’s tourist flows from Russia, the island’s second-largest tourist market....
https://knews.kathimerini.com.cy/en/news/cyprus-tourist-arrivals-up-by-207-in-2021
Tourist arrivals in Cyprus during 2021 increased by 206.7% compared to 2020, according to data released Thursday by the Statistical Service of Cyprus. However, the arrivals decreased by 51.3% compared to 2019, which was historically the best year for Cyprus tourism....
https://knews.kathimerini.com.cy/en/news/nouris-calls-on-eu-partners-to-conclude-agreement-between-frontex-and-turkey
Cyprus Minister of Interior, Nicos Nouris, has called for the conclusion of a Status Agreement between FRONTEX and Turkey, as a matter of urgency and as a condition for additional EU support to Turkey....
https://knews.kathimerini.com.cy/en/news/passengers-travelling-to-cyprus-have-the-option-of-a-pcr-or-rapid-test-prior-to-departure
Passengers aged 12 years old and over who arrive in Cyprus as of January 14 at 0500 local time, will have the option of presenting a PCR test carried out up to 72 hours before their departure or an antigen rapid test carried out up to 24 hours before their departure....
https://knews.kathimerini.com.cy/en/business/revenue-from-tourism-reached-pre-covid-levels-in-october-2021
Revenue from tourism reached pre-COVID levels in October 2021 amounting to €310.2 million compared to just €77.4 million in October 2020 and €299.4 million in October 2019....
https://knews.kathimerini.com.cy/en/business/cypriot-economy-will-continue-to-recover-output-lost-during-2020
The Cypriot economy in 2021 recovered the output lost during the 2020 COVID crisis and will continue to grow with an average 3.7% in the years 2022 – 2024, the Central Bank of Cyprus expects, according to its economic bulletin, stressing that risks to the baseline scenario are balanced albeit slightly upside concerning inflation....
