https://knews.kathimerini.com.cy/en/news/government-support-package-under-fire-for-short-term-fixes
The government's package of support measures has been criticized by the Pancyprian Association of Consumers and Quality of Life, which claims these solutions are only temporary and patchwork....
https://knews.kathimerini.com.cy/en/business/pfizer-doubles-price-of-lifesaving-covid-19-drug-to-$1-390
The price of the lifesaving COVID-19 antiviral medication Paxlovid will more than double as the United States transitions out of the emergency phase of the pandemic, drugmaker Pfizer said Wednesday....
https://knews.kathimerini.com.cy/en/news/assessing-the-dual-impact-of-government-s-support-measures
Recent days have witnessed crucial discussions surrounding measures to support households and businesses, a pressing necessity given the prevailing circumstances....
https://knews.kathimerini.com.cy/en/news/how-government-s-new-measures-will-cut-power-bills
The President of the Republic, Nicos Christodoulides, announced a total of 11 measures with a direct impact, totaling €141 million, along with six Housing Policy measures amounting to €55 million on Thursday (19/10)....
https://knews.kathimerini.com.cy/en/business/fees-for-pame-express-service-to-be-decided-in-2024
Decisions regarding potential charges for the Pame Express service will be made in February 2024 by the Department for Transport, Communications, and Works....
https://knews.kathimerini.com.cy/en/comment/opinion/biden-s-mission-in-the-middle-east
US President Joe Biden may be advanced in age, and there are ongoing concerns within his team regarding the risks of a literal stumble that could potentially harm his image. ...
https://knews.kathimerini.com.cy/en/news/rising-rent-costs-challenge-cyprus-middle-class-budgets
A disconcerting trend is unfolding in Cyprus, where not only are the prices of essential goods on the rise, but rents are also skyrocketing, sparking extensive debates and concerns throughout society according to a report on Philenews....
https://knews.kathimerini.com.cy/en/news/walt-disney-s-100-year-story-of-success
The Walt Disney Company is celebrating its 100th anniversary....
https://knews.kathimerini.com.cy/en/business/cyprus-could-meet-40-of-it-energy-needs-through-solar-power-by-2030
Cyprus is on track to meet 40% of its energy needs through solar power by 2030, according to Francesco La Camera, the Director-General of the International Renewable Energy Agency (IRENA)....
https://knews.kathimerini.com.cy/en/news/government-vulnerable-to-rising-fuel-costs-amid-middle-east-tensions
Economist Pampos Papageorgiou recently addressed the potential economic consequences that the ongoing conflict in the Middle East may bring to Cyprus and Europe....
https://knews.kathimerini.com.cy/en/news/fuel-prices-set-to-drop-over-the-next-24-hours
In an upcoming change for motor fuel consumers, reductions in fuel prices are anticipated to take effect starting tomorrow and persist for the next 24 hours....
https://knews.kathimerini.com.cy/en/business/ecb-keeps-watchful-eye-on-non-performing-loans
The European Central Bank (ECB) is closely monitoring non-performing loans (NPLs) and related legislation, including the divestment framework. ...
https://knews.kathimerini.com.cy/en/news/unprecedented-escalation-in-gaza-and-cyprus-response
The escalation in Gaza, triggered by Hamas' surprise terror campaign last Saturday, has plunged the Middle East into a renewed cycle of violence within the context of the Arab-Israeli conflict. ...
https://knews.kathimerini.com.cy/en/news/electricity-link-connects-israel-cyprus-crete-and-greece
In a significant development for the energy sector, George Papanastasiou, the Minister of Energy, Trade, and Industry, expressed his warm welcome for the forthcoming implementation of the electricity interconnection project connecting Israel, Cyprus, Crete, and mainland Greece....
https://knews.kathimerini.com.cy/en/news/israeli-military-unearths-1-500-hamas-militant-bodies
Israel’s military said about 1,500 bodies of Hamas militants were found in Israeli territory as, as it said it had largely gained control in the country’s south and “restored full control” over the border on the fourth day of fighting following an unprecedented surprise attack....
https://knews.kathimerini.com.cy/en/news/fuel-prices-set-to-surge-amid-israel-conflict
In an exclusive interview with SPOR FM and the show DIASPORA NEWS, Minister of Energy George Papanastasiou predicted a looming surge in fuel prices in the coming days, attributing it to the ongoing conflict in Israel. ...
https://knews.kathimerini.com.cy/en/business/4-day-3d-printed-homes-with-eco-friendly-materials
A recyclable 3D-printed home made from natural materials has been revealed to the public, and this may only be the beginning....
https://knews.kathimerini.com.cy/en/news/angels-pet-cemetery-redefines-pet-farewell-in-cyprus
Angelos Petevinos, a devoted pet owner, found himself in a heart-wrenching situation a few years ago when his beloved dog, Sushi, fell seriously ill....
https://knews.kathimerini.com.cy/en/news/fake-doctors-strike-again-defrauding-thousands-in-euros-and-jewelry
In a renewed alert, the police urge the public to stay vigilant following new reports of fraud cases involving individuals falsely posing as doctors....
https://knews.kathimerini.com.cy/en/news/targeted-fuel-and-heating-reductions-in-government-s-considerations
The Cyprus Electricity Authority has announced a 3% increase in electricity prices for upcoming bills. ...
https://knews.kathimerini.com.cy/en/news/singapore-drivers-hit-with-£88-000-bill-just-to-own-a-car
Drivers in Singapore now need to pay £88,000 for the right to own a car - and that doesn't include the cost of the vehicle itself....
https://knews.kathimerini.com.cy/en/news/eu-seeks-centralized-energy-storage-solution
As part of the Save and Upgrade plan, only eight applications have been submitted thus far for the installation of home storage systems. It's important to note that these grants exclude new homes, which are expected to meet almost zero energy consumption standards....
https://knews.kathimerini.com.cy/en/news/moody-s-boosts-bank-of-cyprus-and-hellenic-bank-ratings-to-baa2
Moody’s Investors Service has upgraded Bank of Cyprus’ and Hellenic Bank’s long-term deposit ratings to Baa3 from Ba1, citing the continued resilience of the Cypriot economy and credit conditions, which are leading to supportive operating conditions for Cypriot banks....
https://knews.kathimerini.com.cy/en/business/inflation-fears-and-green-investments
The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...
https://knews.kathimerini.com.cy/en/news/surgery-cost-inquiry-leads-to-heated-confrontation-with-doctor
The Patient Rights Observatory of the Federation of patient associations of Cyprus (OSAK) has recently received complaints regarding various issues related to healthcare services in Cyprus....
https://knews.kathimerini.com.cy/en/news/french-ski-resort-shuts-down-forever
Due to the effects of global warming that have led to a lack of snow, a ski resort in the French Alps, La Sambuy, has decided to cease operations permanently....
https://knews.kathimerini.com.cy/en/news/15-4-spike-in-public-expenditure-for-2024
In the 2024 Budget, there's a notable rise of EUR 0.5 billion in public personnel expenditure. According to the Council of Ministers' approved budget table for 2024, this marks a substantial increase of 496 million euros. In terms of percentages, this surge amounts to 15.4% compared to the personnel expenditure allocated for the public sector in 2023....
https://knews.kathimerini.com.cy/en/business/lexus-reliably-number-one-for-reliability
Fashions come and fashions go, but with each year that passes Lexus reliability remains constant. The lasting quality of its vehicles has been validated yet again with the number one ranking in the annual What Car? Reliability Survey for a seventh time....
https://knews.kathimerini.com.cy/en/business/negotiations-on-cyprus-eez-and-chevron-continue-amid-disagreements
Two days of negotiations regarding the development plan (FDP) for block "12" ("Aphrodite") within the Cypriot Exclusive Economic Zone (EEZ) have concluded in Nicosia. These discussions involved the Ministry of Energy and senior officials from the consortium responsible for its management, which includes Chevron, Shell, and NewMed Energy....
https://knews.kathimerini.com.cy/en/news/christodoulides-takes-on-migration-housing-and-traffic-head-on
Migration, housing and traffic are the subjects the President of the Republic, Nikos Christodoulides focuses on, aiming for immediate and effective resolution, he said, speaking at the regular meeting of the Board of Directors of Cyprus Employers and Industrialists Federation (OEB) in Limassol on Wednesday afternoon....
