https://knews.kathimerini.com.cy/en/news/average-student-spending-at-€250-as-back-to-school-shopping-begins
A few days before schools reopen (September 7 for secondary and high schools, and September 11 for primary schools), chaos is ensuing in bookstores, stationery shops, and stores selling school attire and sports shoes.
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https://knews.kathimerini.com.cy/en/news/akel-s-bold-demand-tax-bank-profits-to-power-people-s-pockets
The AKEL political party is urging the government to take immediate action to alleviate the financial strain on Cypriot households by taxing banks' surplus profits and redirecting the funds towards fuel and electricity subsidies....
https://knews.kathimerini.com.cy/en/news/u-turn-on-school-bus-fare-hike
In a reversal that has quelled widespread apprehension, school bus fares will not be subject to an increase after all. The issue has spurred heated debates among organized parents and the Department of Transportation....
https://knews.kathimerini.com.cy/en/news/uk-air-traffic-system-issue-causes-ongoing-turbulence
Disruption to air travel continued into Tuesday after the UK's air traffic control systems suffered a "technical fault" on Monday morning....
https://knews.kathimerini.com.cy/en/news/fuel-tax-cut-to-aid-low-incomes
The association called "Equality" is requesting a reduction in fuel taxes through a letter addressed to the Minister of Finance, Makis Keravnos....
https://knews.kathimerini.com.cy/en/comment/opinion/did-we-get-colin-stewart-wrong
In a short period of time, from the day he assumed his duties as the UN Secretary-General's Special Envoy, Mr. Colin Stewart has managed to be at the center of attention. ...
https://knews.kathimerini.com.cy/en/business/euroasia-interconnector-seeks-alternative-funding
The developer of the EuroAsia Interconnector is seeking alternative funding avenues to construct Cyprus' electricity interconnection with the European Union, following the European Investment Bank's rejection of a loan request. ...
https://knews.kathimerini.com.cy/en/news/pyla-developments-raise-alarm-in-nicosia
For months, the intention of the Turkish side to occupy a part of the buffer zone in Nicosia has been known. They plan to construct a road from the village of Arso to Pyla....
https://knews.kathimerini.com.cy/en/news/sweden-shines-as-europe-s-top-eco-friendly-destination
Sweden is Europe’s most sustainable travel destination, the new Sustainable Travel Index for 2023 by Euromonitor International has shown....
https://knews.kathimerini.com.cy/en/news/cost-of-living-up-as-prices-show-increase-of-2-4-in-a-year
In an announcement on its official website, CyStat shared that the cost of living, or how much things cost, has gone up in Cyprus.
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https://knews.kathimerini.com.cy/en/news/strategic-release-of-7-000-tons-of-barley
The release of up to 7,000 tons of barley, an amount equivalent to 30% of the strategic reserves, was decided by the Grain Advisory Committee, which convened at the Ministry of Agriculture on Thursday....
https://knews.kathimerini.com.cy/en/news/water-stress-looms-over-cyprus-as-part-of-global-crisis
Cyprus is among the 25 countries facing extremely high water stress each year, the World Resources Institute (WRI) said in a recent study. In total, these countries are home to a quarter of the Earth's population, while at least 50% of the world's population - some 4 billion people - is under highly water-stressed conditions for at least one month of the year....
https://knews.kathimerini.com.cy/en/news/uk-inflation-dips-to-17-month-low
UK inflation eased to a 17-month low in July, official data showed Wednesday, though it also revealed that prices of services, such as haircuts, hotels and restaurants, increased at a faster pace than the previous month.
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https://knews.kathimerini.com.cy/en/comment/opinion/tourism-s-dynamic-future-adapting-to-change-from-within
It's something we've heard many times from tourism authorities, that 2019 should no longer be used as a point of reference for tourism....
https://knews.kathimerini.com.cy/en/news/online-coordination-sparks-mass-protests-for-free-beaches
Many see wrongdoings or abuses of power, but they have self-taught themselves to overlook them. Many experience humiliations or injustices, but they have learned to remain silent....
https://knews.kathimerini.com.cy/en/news/euroasia-interconnector-loan-denied-by-european-investment-bank
The European Investment Bank will not approve a loan for financing the electricity interconnection project between Cyprus, Greece, and Israel through the EuroAsia Interconnector, as confirmed by a representative from the EIB in an interview with "K" magazine....
https://knews.kathimerini.com.cy/en/news/nicosia-europe-s-no-3-digital-nomad-hotspot
The capital of Cyprus, Nicosia, ranks third after Bucharest and Madrid, in the list of the ten best European cities for digital nomads....
https://knews.kathimerini.com.cy/en/news/electrifying-cyprus-only-2-5k-evs-drive-the-change
A total of 26,462 vehicles have been registered with the Department of Road Transport between January and July 2023, according to the most recent data released by the Department of Statistics. Out of the overall new registrations, 701 were electric vehicles, with 502 of them being private saloon cars....
https://knews.kathimerini.com.cy/en/business/2022-marks-best-real-estate-year-in-14-years
DANOS, a prominent real estate consulting agency, hails 2022 as a remarkable year for Cyprus real estate, breaking through the economic challenges and awakening from the post-COVID stagnation. ...
https://knews.kathimerini.com.cy/en/business/boc-reports-€220-million-profit-for-first-half-of-2023
Bank of Cyprus Group has reported a robust profit after tax of €220 million for the first half of 2023, a significant leap from the €43 million recorded in the same period of 2022. Notably, €125 million of these profits were achieved in the second quarter of 2023....
https://knews.kathimerini.com.cy/en/business/mall-of-cyprus-explains-parking-fee-decision
In an interview with "K", the General Manager of Mall Cyprus, Kypros Hadjistyllis, explained the rationale behind the decision to implement parking charges after a two-hour period....
https://knews.kathimerini.com.cy/en/news/from-burps-to-burgers-the-climate-friendly-cows-bred-to-belch-less-methane
When Canadian dairy farmer Ben Loewith's calves are born next spring, they will be among the first in the world to be bred with a specific environmental goal: burping less methane....
https://knews.kathimerini.com.cy/en/news/smartphones-out-learning-in
According to a recent UN report, smartphones should be prohibited in schools worldwide as a measure to address student distraction, enhance learning outcomes, and safeguard children from online bullying....
https://knews.kathimerini.com.cy/en/news/the-euroasia-saga-continues
In a statement to ''K'' news, the European Commission expressed its appreciation for the recent signing of the cable purchase agreement for the EuroAsia Interconnector....
https://knews.kathimerini.com.cy/en/news/tourism-sets-record-revenue-with-fewer-arrivals
The latest data on tourism revenues for the month of May has brought encouraging news for the tourism sector, signaling positive effects on the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/electricity-trade-in-e-med-could-spark-net-zero-emissions-in-region
Recent research conducted by the Cyprus Institute (CyI) has highlighted the significant role electricity trade can play in achieving cost-optimal greenhouse gas emission abatement targets. ...
https://knews.kathimerini.com.cy/en/news/german-metal-festival-asks-for-car-free-commute
The organizers of Wacken Open Air, a hard rock and metal festival in northern Germany, have asked visitors to leave their heavy metal at home. They issued a travel ban Tuesday for ticket-holders with cars and trucks due to the muddy terrain of the festival grounds....
https://knews.kathimerini.com.cy/en/news/€1-000-per-person-lost-as-cyprus-grapples-with-food-waste-dilemma
According to the recently released socio-economic impact report by the FOODprint campaign, households in Cyprus generate nearly 48,000 tonnes of food waste annually. ...
https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-reports-soaring-profits-amid-rising-interest-rates
Eurobank Cyprus posted soaring profitability after tax for the first half of 2023 with net profits approaching the profitability of full year 2022, due to rising interest rates and the high remuneration of its liquidity held at the ECB....
https://knews.kathimerini.com.cy/en/news/fuel-companies-announce-significant-price-hikes
Looking at the average prices across Cyprus, we found that the average price of unleaded 95 petrol increased yesterday afternoon, Tuesday, compared to the morning, and now stands at 1.5 euros per liter....
