https://knews.kathimerini.com.cy/en/business/businesses-turn-to-banks-amid-funding-crunch
In 2023, businesses encountered a tough road ahead when it came to securing loans, as costs continued to climb....
https://knews.kathimerini.com.cy/en/news/chevron-s-new-proposal-for-aphrodite
March 31 marked the end of the three-month deadline given by Nicosia to the US company Chevron, a key partner in the joint venture for the development of Block 12 ...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-electricity-market-struggles-amid-smart-meter-setback
Cyprus faces significant hurdles in its electricity sector, notably in establishing a fair and competitive market. This impacts consumer choice of suppliers and efforts to transition to cleaner energy sources at home....
https://knews.kathimerini.com.cy/en/news/rhodes-island-initiates-special-visa-for-turkish-tourists
Officials on the Greek island of Rhodes opened a new vacation visa terminal for Turkish visitors Monday as part of a diplomatic effort to ease long-standing tensions between the two countries.
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https://knews.kathimerini.com.cy/en/news/cyprus-cracks-down-on-smoking-in-cars
In Cyprus, lighting up a cigarette in your car could cost you a hefty sum if kids are riding along. It's one of those lesser-known traffic violations that could hit your wallet hard - a whopping 300 euros!...
https://knews.kathimerini.com.cy/en/business/employers-call-for-tax-reform-to-spur-economic-growth
Employers are advocating for a comprehensive overhaul of the tax system, proposing significant changes aimed at boosting economic activity and competitiveness. Here's a breakdown of their proposals:...
https://knews.kathimerini.com.cy/en/news/akamas-road-irregularities-demand-answers
A series of pressing questions has emerged concerning irregularities in the initial phase of the road network construction in Akamas....
https://knews.kathimerini.com.cy/en/news/global-maritime-alliance-implements-fees-to-curb-ship-emissions
At the latest meeting of the International Maritime Organization, a coalition of 60 member states made a joint decision to levy fees on greenhouse......
https://knews.kathimerini.com.cy/en/news/government-mulls-support-extension-amidst-rising-costs
The Council of Ministers convenes on Thursday for an extraordinary session to approve a new package of targeted measures to alleviate pressures from price hikes....
https://knews.kathimerini.com.cy/en/business/audit-uncovers-mismanagement-in-cyprus-public-health-system
In a damning revelation, Auditor General Odysseas Michaelides unveiled alarming mismanagement within Cyprus' public health sector, particularly in its flagship National Health System (GESY). ...
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/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/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/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/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/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/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/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/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/cyprus-sees-record-4-388-new-voters-joining-european-elections
To date a total of 4,388 new voters have been registered to vote for the June 9 elections, of which 1,386 concern Europeans residing in Cyprus for the forthcoming local administration elections. There were also 34 applications from Europeans for the European elections.
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https://knews.kathimerini.com.cy/en/news/ft-judge-denies-trump-s-request-to-delay-$450m-payment
A New York judge has rejected Donald Trump's request to temporarily halt the state's attorney-general from collecting a $450 million judgment while he appeals a civil fraud ruling....
https://knews.kathimerini.com.cy/en/news/nissi-beach-ranks-22nd-globally-on-tripadvisor
In the recently released list of the world's top 25 beaches by TripAdvisor, Nissi Beach in Cyprus proudly claims the 22nd spot, says Maria Eracleous of Kathimerini. ...
https://knews.kathimerini.com.cy/en/life/dimitra-explains-what-it-s-like-to-be-a-bee-mama
Dimitra Zakynthinos is a resident of central Athens and has a very particular approach to issues concerning the environment and our transition to the green era. ...
