https://knews.kathimerini.com.cy/en/news/houthi-threat-spurs-quick-shield-for-cypriot-ships
The Deputy Ministry of Shipping has taken temporary measures to protect Cypriot ships due to the attacks by Yemen's Houthi movement against ships passing through the Bab-el-Mandeb strait....
https://knews.kathimerini.com.cy/en/business/cyprus-implements-protective-measures-for-ships-amid-houthi-attacks
The Deputy Ministry of Shipping has taken temporary measures to protect Cypriot ships due to the attacks by Yemen's Houthi movement against ships passing through the Bab-el-Mandeb strait between Yemen and northeast Africa leading to the Red Sea, Deputy Minister of Shipping, Marina Hatzimanolis told CNA on Wednesday....
https://knews.kathimerini.com.cy/en/business/landlords-urged-to-be-reasonable-when-pricing-rentals
Marinos Keynegirou, the president of the Real Estate Registration Council, warns of escalating prices and dwindling demand in the real estate market's fourth quarter....
https://knews.kathimerini.com.cy/en/business/as-2023-ends-banks-and-unions-lock-horns-on-pay-structures
The banks and bank employees' unions are at odds over labor issues and the signing of new collective agreements. As we approach the end of 2023, no significant progress has been made in renewing collective agreements during the outgoing year....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-housing-crisis-deepens-amid-interest-rate-scandal
With current interest rates, the prospect of repaying a mortgage spans nearly fifty years for an average family, turning homeownership into an elusive dream....
https://knews.kathimerini.com.cy/en/news/eac-refunds-€82-85-to-flat-tenants-over-faulty-photovoltaic-charges
The Electricity Authority of Cyprus (EAC) has decided to refund 82.85 euros to tenants of apartments connected to photovoltaic systems in response to an incorrect charging mechanism, known as ripple control, that was found to be nonexistent in the system. ...
https://knews.kathimerini.com.cy/en/news/how-much-will-christmas-dinner-cost-this-year
The Pancyprian Consumers Association has conducted a comprehensive survey, uncovering the estimated costs of Christmas tables for families in Nicosia....
https://knews.kathimerini.com.cy/en/news/2024-budget-gets-green-light-–-inside-scoop-on-state-wage-proposals
The 2024 budget was passed into law relatively comfortably, with a total of 37 MPs voting for it, while 19 were opposed. ...
https://knews.kathimerini.com.cy/en/news/half-of-cyprus-loans-vulnerable-to-euribor-and-ecb-rates
Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....
https://knews.kathimerini.com.cy/en/news/2-over-215m-covid-vaccines-trashed-€4b-down-the-drain
In a concerning revelation, European countries have disposed of more than 215 million doses of COVID-19 vaccines, originally procured at the peak of the pandemic....
https://knews.kathimerini.com.cy/en/news/more-than-25-000-lives-lost-in-israel-s-gaza-actions
In a comprehensive report released on December 17, the Euro-Mediterranean Human Rights Monitor (EuroMed) sheds light on the devastating human cost of Israel's actions in Gaza....
https://knews.kathimerini.com.cy/en/news/lisbon-s-homes-unaffordable-as-prices-hit-record-highs
In a dramatic twist, Lisbon finds itself grappling with a housing crisis, ranking second only to Athens in soaring housing costs among major European cities, reports Bloomberg. ...
https://knews.kathimerini.com.cy/en/news/boc-revitalizes-former-orphanides-building-in-2026
Thoughts from the past year and a half are taking concrete form for the Bank of Cyprus, particularly concerning its plans for the creation of a new central headquarters (BOC Headquarters - Q H)....
https://knews.kathimerini.com.cy/en/news/block-of-flats-shrouded-in-mystery-after-vehicle-fire
In the early hours of Thursday (14/12), a 49-year-old man's vehicle became the epicenter of a raging fire in the car park of a residential block....
https://knews.kathimerini.com.cy/en/news/how-cyprus-and-chevron-found-common-ground
The resolution of the dispute between the Republic of Cyprus and Chevron Cyprus Limited, the operator of the Aphrodite field, appears largely satisfactory to both parties....
https://knews.kathimerini.com.cy/en/news/state-employees-brace-for-25-30m-euro-salary-squeeze
The agreement signed with unions PASYDYS and SEK is set to bring an annual cost of 25-30 million euros, impacting state employees and those in the wider public sector....
https://knews.kathimerini.com.cy/en/news/heavy-rain-hits-kornos-underpass-bridge-shuts-down
The Kornos underpass bridge faced another bout of flooding, leading authorities to close it for traffic due to heavy rainfall....
https://knews.kathimerini.com.cy/en/news/greek-islands-open-up-for-turkish-travelers
Watching their faces and listening to the statements of Kyriakos Mitsotakis and Recep Tayyip Erdogan after their meeting on Thursday, one could ask what all the tension of the past few years was about....
https://knews.kathimerini.com.cy/en/business/crisis-averted-as-cyprus-and-chevron-reach-compromise
The resolution of the dispute between the Republic of Cyprus and Chevron Cyprus Limited, the manager of the Aphrodite field, can be seen as a compromise satisfying both parties. ...
https://knews.kathimerini.com.cy/en/news/urgent-measures-taken-after-a-series-of-fires-on-buses
According to the commitment of the Ministry of Transport and the owners of the 570 immobilized buses, a return to normality is expected early this week....
https://knews.kathimerini.com.cy/en/business/eac-invites-bids-for-renewable-energy-land-lease
The Cyprus Electricity Authority (EAC) has announced a tender for the long-term land lease for the development of Renewable Energy Sources (RES) projects....
https://knews.kathimerini.com.cy/en/news/how-chinstrap-penguins-stay-alert-24-7-during-nesting-season
In a groundbreaking study, scientists uncover the remarkable micro-napping habit of male chinstrap penguins, who manage to stay alert 24/7 while safeguarding their precious eggs....
https://knews.kathimerini.com.cy/en/news/amver-awards-–-saving-lives-at-sea
The U.S. Embassy in Nicosia and the Cyprus Shipping Chamber (CSC), in cooperation also with the Cyprus Marine Environment Protection Association (CYMEPA) and the American Bureau of Shipping (ABS), co-organized a ceremony in Limassol on November 30 to recognize shipping companies participating in the U.S. Coast Guard's AMVER program....
https://knews.kathimerini.com.cy/en/news/renewable-energy-hits-17-2-eyes-soaring-heights-in-2023
The share of energy consumption from renewable energy resources (RES) in 2022 has reached 17.2% in Cyprus and is expected to increase further in 2023 and in the following years, according to the annual report of the Cyprus Energy Regulatory Authority (CERA) for 2022 presented on Wednesday to the President of the Republic Nikos Christodoulides....
https://knews.kathimerini.com.cy/en/business/electricity-bills-to-drop-by-12-starting-november-1
In a recent announcement, consumers in Cyprus can expect a 12% reduction in their electricity bills starting November 1. ...
https://knews.kathimerini.com.cy/en/news/government-achieves-historic-50-drop-in-asylum-applications
There is a 50% reduction in the period March-October 2023 in new asylum applications compared to the 2022 corresponding period, the Interior Ministry said on Tuesday, noting at the same time that for the first time, the overall balance of arrivals-returns presents a positive picture, and Cyprus is now ranking in the first places among European states in absolute numbers of returns....
https://knews.kathimerini.com.cy/en/news/fiscal-council-cautions-on-2024-economic-risks-despite-optimism
Recently, the Cyprus Fiscal Council took a close look at how our economy is doing. They gave us some important info based on their study....
https://knews.kathimerini.com.cy/en/comment/opinion/the-rising-tide-of-nationalism
The Netherlands and Argentina represent two additional victories in the surge of populism and nationalism that the world has witnessed over the past decade....
https://knews.kathimerini.com.cy/en/news/€620m-blueprint-for-transformative-projects
The overall projects, totaling almost €620 million, are outlined in the Ministry of Internal Affairs Budget....
https://knews.kathimerini.com.cy/en/news/which-meats-will-cost-you-less-with-zero-vat
In a recent interview, Kostas Livadiotis, president of the butcher association, shed light on the upcoming changes in VAT for various meat products....
