https://knews.kathimerini.com.cy/en/business/exness-donates-three-fully-equipped-firetrucks-to-the-forests-department-of-cyprus
Cyprus-based fintech company Exness has just donated three fully-equipped firetrucks to the Forests Department of Cyprus. This donation is part of the €300,000 pledge made by Exness CEO Petr Valov in 2021, following devastating wildfires across the island....
https://knews.kathimerini.com.cy/en/business/turkish-inflation-surges-to-nearly-80
Turkish inflation rose to a fresh 24-year high of 79.6% in July, data showed on Wednesday as the lira’s continued weakness and global energy and commodity costs pushed prices higher, though the price rises came out below forecasts....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-rebounds-despite-lack-of-russian-tourists
Beside sparkling Mediterranean waters at the Cypriot resort town of Ayia Napa, the bars are bouncing with foam dance parties as tourist numbers rebound following two tough years of the pandemic....
https://knews.kathimerini.com.cy/en/news/cyprus-police-probe-illegal-stem-cell-therapy
Cyprus Police raided a Long Covid clinic in Larnaca this week where it turned out that stem cells from donors in Ukraine were being used illegally in overpromised patients with chronic illnesses who flock to the island’s southern town for treatment...
https://knews.kathimerini.com.cy/en/news/increasing-electricity-costs-to-be-subsidized-by-the-government
A subsidy that will cover part of the increase in the price of electricity was hammered down during today's session by the Cabinet. As the Minister of Finance Constantinos Petridis stated, ...
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-benefits-in-kind
There are a number of commercial benefits that come with registering the property in the name of a legal entity rather than as an individual e.g. for asset protection purposes as it provides protection against personal insolvency since a property that is in the name of a legal entity should not be affected should the individual becomes personally insolvent....
https://knews.kathimerini.com.cy/en/business/550-employees-leave-bank-of-cyprus
The Bank of Cyprus announced the successful completion of a voluntary staff retirement plan. Through the Plan, approximately 550 employees have been approved for severance,
...
https://knews.kathimerini.com.cy/en/news/germany-dims-lights-as-it-leads-europe-in-saving-energy
Summer nights in the wealthy Bavarian city of Augsburg this year are eerily dark and quiet: The facades of historic buildings are not illuminated, street lights are dimmed and most of the fountains are not operating....
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-5-with-further-rate-hikes-on-the-horizon
The European Central Bank (ECB) increased interest rates by more than expected on Thursday, raising its benchmark deposit rate by 50 basis points to zero percent, impacting the Cyprus banking system and local borrowers....
https://knews.kathimerini.com.cy/en/business/ecommbx-earns-great-place-to-work®-certification
ECOMMBX is proud to announce that it has earned the coveted Great Place to Work® Certification with flying score, which is likely to be among the top – if not the highest – scores for this year....
https://knews.kathimerini.com.cy/en/news/italy-s-pm-resigns-spelling-trouble-for-europe
Italian prime minister Mario Draghi has resigned, ending a national unity government formed to tackle unpopular reforms and spelling trouble for Europe at a time of acute economic challenges....
https://knews.kathimerini.com.cy/en/news/discussions-on-minimum-wage-in-the-final-stretch
We are entering the final stretch for the introduction of the minimum wage in Cyprus and serious developments are expected next Friday, July 22, 2022....
https://knews.kathimerini.com.cy/en/news/cost-of-consumer-goods-and-services-increased-by-9-in-june
The Harmonized Index of Consumer Prices (HICP) increased by 9% in June, when compared to the index of June 2021, setting a new record high, while continuing its upward course for the 16th consecutive month, pushed by the consecutive appreciations mainly in energy prices....
https://knews.kathimerini.com.cy/en/news/collin-stewart-no-development-no-prospects-on-the-horizon
On Monday, the UN Security Council held discussions regarding the UN Peacekeeping Force in Cyprus (UNFICYP) under the chairmanship of the Permanent Representative of Brazil, Ambassador Ronaldo Costa Filho....
https://knews.kathimerini.com.cy/en/news/construction-costs-continued-its-steady-rise-in-june
The Price Index of Construction Materials continued its rising trend in June, reflecting the increased cost borne by contractors and rising prices in the construction sector....
https://knews.kathimerini.com.cy/en/business/the-enclave-live-under-dire-conditions-in-the-occupied-side
It is not an exaggeration to say that the enclaved have remained in their homeland, in the Turkish-occupied north of Cyprus, under dire conditions and are struggling on a daily basis for their survival until the day the island is freed and reunified....
https://knews.kathimerini.com.cy/en/news/cost-of-basic-consumer-goods-continues-to-rise
Prices of the vast majority of basic consumer goods continued their steady rise. Between June 8 to July 13, the largest increase was recorded in Vegetables (greenhouse cucumbers) reaching 52.2%, ...
https://knews.kathimerini.com.cy/en/business/construction-projects-decline-as-prices-soar
Activity in the construction sector in Cyprus continues its decline in the first quarter of 2022, amid soaring prices, data released on Tuesday by the Statistical Service of Cyprus show....
https://knews.kathimerini.com.cy/en/business/ecommbx-receives-the-prestigious-invest-cyprus-international-investment-award
On 1 July 2022, at the 10th Ιnvest Cyprus International Investment Awards ceremony at the Parklane Spa & Resort in Limassol, under the auspices of the President of the Republic, Nicos Anastasiades. ...
https://knews.kathimerini.com.cy/en/news/cyprus-property-market-growing-in-number-and-value
The Cyprus property market is growing while getting pricier, as the number of properties rises by 1.5%, while their overall value increased by 2.2% based on January 2021 prices compared to 2018 data....
https://knews.kathimerini.com.cy/en/news/abortion-debate-spills-over-into-cyprus
Officials in the Republic of Cyprus say sexual and reproductive rights of women on the island are being trampled in the absence of clear protocols, with access to abortion and long-term contraception being put on the line in the southern part...
https://knews.kathimerini.com.cy/en/news/christodoulides-the-undisputed-favorite-in-the-race-for-the-presidency
Nikos Christodoulidis remains the undisputed favorite in the presidential election race, according to a Symmetron poll for "Kathimerini"....
https://knews.kathimerini.com.cy/en/news/echr-vindicates-cypriot-journalist
A Cypriot journalist won his lawsuit against the Republic of Cyprus this week, after the European Court of Human Rights ruled that he was censured in violation of the right to freedom of expression...
https://knews.kathimerini.com.cy/en/news/australia-is-exterminating-tens-of-millions-of-bees-to-save-its-honey-industry
Tens of millions of bees are being exterminated in a desperate attempt to save Australia's honey industry from a devastating mite plague....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-bargain-in-madrid
Diplomacy is a marathon that never ends. That is why it is quite meaningless to celebrate or lament the outcome of a diplomatic round because it is just another round....
https://knews.kathimerini.com.cy/en/life/kea-opens-spectacular-shipwreck-dive-sites
Jacques-Yves Cousteau would probably have been surprised to learn that the wreck of the World War I Britannic (the sister ship of the legendary Titanic) he discovered in 1975 off southwestern Kea would be listed as an underwater historical site almost 50 years later, becoming one of a handful of such marine parks in the world.
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https://knews.kathimerini.com.cy/en/news/rumors-of-pegasus-purchase-by-cyprus-not-put-to-rest
The possibility that NSO sold Pegasus to Cypriot authorities remained unanswered last week when a Cypriot MEP grilled the company’s general counsel, who stopped short of saying who actually bought it...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-offering-voluntary-retirement-plans-for-up-to-600-employees
The Bank of Cyprus is offering a Voluntary Retirement Plan to 500 - 600 employees of its employees in the hopes that it can reduce its number of employees in order to maintain profitability. ...
https://knews.kathimerini.com.cy/en/news/an-historic-day-as-pafos-polis-highway-constructions-begins
The construction of the Pafos-Polis Chrysochous highway officially began on Friday. The Minister of Transport, Communications and Works, Yannis Karousos, was on hand to mark the "historic" day, as he called it....
https://knews.kathimerini.com.cy/en/news/house-clamps-down-on-glamping-aspirations
Cypriot parliament failed this week to pass crucial tourism legislation that would regulate low-cost lodging, but concerns about encroaching on the environment also ended up blocking a bill on the newest trend of glamorous camping...