https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation
International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks.
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https://knews.kathimerini.com.cy/en/business/cyprus-aims-for-vasilikos-lng-terminal-completion-by-2024
Cyprus aims to complete construction of the Liquified Natural Gas (LNG) terminal in Vasilikos by the end of 2024, according to Energy Minister George Papanastasiou on Monday....
https://knews.kathimerini.com.cy/en/news/labor-minister-discusses-cost-of-living-allowance-for-cyprus
In an interview with Oriana Papantoniou, Minister of Labor and Social Insurance Yiannis Panayiotou highlighted the significant strides made during his first year in office, emphasizing a people-centric approach to governance. ...
https://knews.kathimerini.com.cy/en/comment/opinion/how-rising-costs-are-changing-social-lives
Katerina P. has a job that brings in around 1,500 euros a month....
https://knews.kathimerini.com.cy/en/news/cyprus-ends-fuel-tax-break-prices-set-to-spike-from-april-1st
Starting April 1st, the reduced consumption tax on fuels (95-octane gasoline and diesel) will come to an end, reverting to 8.3 cents per liter for gasoline and 6.3 cents per liter for heating oil....
https://knews.kathimerini.com.cy/en/comment/opinion/with-the-cross-in-one-hand-and-the-staff-in-the-other
The Church of Cyprus has weathered many storms throughout its long history, often paying a heavy price to maintain the cohesion of its flock. ...
https://knews.kathimerini.com.cy/en/news/cyprus-construction-costs-fall-2-23-in-2024
Price Index of Construction Materials in Cyprus recorded an annual decline of 2.23% in the first two months of 2024, reflecting the de-escalation path......
https://knews.kathimerini.com.cy/en/business/$4-25m-per-dose-to-cure-rare-genetic-disease-in-children
The recent approval of Lenmeldy, a gene therapy designed to combat the fatal genetic disorder metachromatic leukodystrophy (MLD), has made headlines as it comes with a staggering price tag of $4.25 million per treatment. ...
https://knews.kathimerini.com.cy/en/business/cyprus-labor-costs-surge-5-4
In the 4th quarter of 2023, the hourly labour costs (total cost) increased by 5.4%, compared with the same quarter of the previous year, according to provisional data, published by the Statistical Service on Tuesday....
https://knews.kathimerini.com.cy/en/news/the-limassol-carnival-is-where-fun-takes-the-lead-pics
The streets of Limassol are buzzing with excitement today as locals and tourists gear up for the annual Limassol Carnival Parade, a centuries-old tradition that's anything but ordinary. ...
https://knews.kathimerini.com.cy/en/comment/opinion/erdogan-gambles-all-in-bid-to-retake-istanbul-in-municipal-elections
Recep Tayyip Erdogan is playing all his cards to regain Istanbul in the municipal elections on March 31. On Friday, he attempted to rally his supporters and persuade those who were not convinced to vote for his party's candidate, implying that these would be his "last elections."...
https://knews.kathimerini.com.cy/en/news/high-level-consortium-official-to-visit-cyprus-amid-lng-terminal-project-stalemate
A senior official from the consortium responsible for the construction of the liquefied natural gas (LNG) import terminal at Vassilikos is expected to visit Cyprus this week, announced George Papanastasiou...
https://knews.kathimerini.com.cy/en/news/cyprus-paves-the-way-in-its-ambitious-road-infrastructure-agenda
In an exclusive interview with Maria Eracleous of ''K,'' Eleftherios Eleftheriou, Director of Cyprus's Public Works Department, provided updates on critical infrastructure projects across the island nation....
https://knews.kathimerini.com.cy/en/news/filipino-seafarers-return-home-after-surviving-yemen-missile-attack
Eleven Filipino seafarers finally reached the shores of the Philippines on Tuesday, nearly a week after enduring a harrowing missile attack by Houthi rebels off the coast of Yemen....
https://knews.kathimerini.com.cy/en/business/the-ripple-effect-of-houthi-attacks-on-cyprus-maritime-industry
From super yachts to shipping giants, the Houthi insurgency's impact and sparking a call for global unity.
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https://knews.kathimerini.com.cy/en/news/greek-prime-minister-plans-may-trip-to-ankara-for-bilateral-talks
Greek Prime Minister Kyriakos Mitsotakis indicated on Tuesday that he is planning a trip to Ankara in May, hailing what he said was a “sincere desire” from the Turkish side to “bridge tensions” with Greece....
https://knews.kathimerini.com.cy/en/news/the-feathered-employees-of-akaki-grove
When Elena Christoforou was five years old, her godfather, who lived in England, had given her a BBC videotape, a series narrated by David Attenborough ...
https://knews.kathimerini.com.cy/en/news/gesy-€1-58b-revenue-€500m-reserve-stable-until-2031
The Health Insurance Organisation (OAY) has disclosed that its revenue from contributions to the General Health System (GeSY) reached €1.58 billion in 2023,...
https://knews.kathimerini.com.cy/en/news/oscars-2024-unforgettable-moments-surprises-and-triumphs
The 96th annual Academy Awards unfolded with a mix of laughter, tears, and a touch of unpredictability. Here are the key highlights that left audiences buzzing:...
https://knews.kathimerini.com.cy/en/news/farewell-to-speed-bumps-hello-to-cushions
The removal of road humps continues across Cyprus, with authorities considering the installation of "cushions" (commonly used abroad) and islands instead of cameras at points where measures for road safety are needed....
https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-reports-€199-4m-profits-in-2023
Eurobank Cyprus unveiled its financial results for 2023, boasting a profit of €199.4 million, marking a significant increase of €105.1 million or 111% compared to 2022.
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https://knews.kathimerini.com.cy/en/comment/opinion/women-siding-with-rapists-and-murderers
Today is International Women's Day. Yesterday marked five months since the October 7 massacres in Israel....
https://knews.kathimerini.com.cy/en/news/ecb-considers-rate-cut-despite-falling-inflation
The European Central Bank is set to keep interest rates at record highs on Thursday and take baby steps towards cutting them in the coming months as inflation continues to fall despite stubbornly high underlying price pressures....
https://knews.kathimerini.com.cy/en/business/employers-organizations-cry-foul-as-water-price-cap-sparks-debate
In a decision that pleased consumers but left employer organizations dissatisfied, the Council of Ministers approved a bill on Wednesday that grants the minister the authority to set a maximum price for specific products, ...
https://knews.kathimerini.com.cy/en/news/hotel-industry-faces-backlash-over-residence-fees
The inclusion of a residence tax within the framework of the green tax reform, affecting hotels, tourist accommodations, and Airbnb, is expected to trigger reactions within the hotel industry....
https://knews.kathimerini.com.cy/en/news/president-s-fireside-chat-with-chosen-few-unveils-triumphs-and-controversy
In an interchannel interview held to evaluate the first year in office, President of the Republic Nikos Christodoulides commenced proceedings a few minutes after 20:30. ...
https://knews.kathimerini.com.cy/en/news/national-guard-s-death-raises-questions-on-cyprus-justice-system
Revelations surrounding the death of National Guardsman Thanasis Nicolaou, emerging years after the incident, have sparked both sensation and concern about the functioning of the criminal justice system in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/fuel-prices-soar-consumers-brace-for-double-blow
Fuel prices are on an upward trajectory week by week, with an approximate increase of 13 cents per liter. Speaking to Oriana Papantoniou on Diaspora News, Spor FM, Christodoulos Christodoulou,...
https://knews.kathimerini.com.cy/en/news/vasiliko-energy-project-now-under-eu-scrutiny
The procedures and decisions related to Cyprus' largest energy project in Vasilikos are gaining significant attention....
https://knews.kathimerini.com.cy/en/news/inflation-and-new-markets-propel-spending-close-to-€3-billion-in-2023
Just before the end of last summer, economic analysts' projections for 2023 tourism revenue were nearing a record close to €3 billion. ...
