https://knews.kathimerini.com.cy/en/news/government-asks-house-for-money-to-pay-for-unbought-vaccines
The House finance committee met on Monday to discuss a supplementary budget that would include additional funds to buy more COVID vaccines but also pay fines for fewer orders due to low demand...
https://knews.kathimerini.com.cy/en/news/double-impact-on-gas-station-owners
Citizens are in turmoil following the termination of reduced special consumption tax rates on transportation and heating fuels, which resulted in increases of 8.32 cents in gasoline and diesel, and 6.83 cents in heating fuels.
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https://knews.kathimerini.com.cy/en/news/urgent-call-to-liberalize-electricity-market
Mr. Neophytou attended the Annual General Assembly of the Electricity Market Association (EMA) on Thursday, June 29th, and delivered a greeting. ...
https://knews.kathimerini.com.cy/en/news/european-stocks-rally-on-hope-of-interest-rate-peak
Eurozone inflation fell more than expected to 5.5 percent in June, its lowest rate since the start of last year, but a slight rebound in core consumer price growth tempered any relief for policymakers....
https://knews.kathimerini.com.cy/en/news/nicosia-encourages-green-transportation-with-new-policy
Effective Saturday, July 1, the Nicosia Municipal Council will implement new parking fees in municipal parking areas, following a decision made on April 20, 2023.
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https://knews.kathimerini.com.cy/en/news/debate-on-fuel-from-north-misfires-ahead-of-protest
Greek Cypriot gas station owners are livid with government officials who told the public it is not illegal to buy Turkish Cypriot gasoline, sparking a chaotic debate on Tuesday as protesting fuel dealers move to block motorists from entering the north...
https://knews.kathimerini.com.cy/en/news/ministry-launches-summer-public-schools-program
The Ministry of Education, Sports, and Youth (MESY) has officially announced the commencement of the "Summer Public Schools (SPS) Programme" today, marking the beginning of a five-week initiative that will run until July 28, 2023. ...
https://knews.kathimerini.com.cy/en/news/conservatives-storm-to-victory-in-repeat-greek-election
Greece's conservative New Democracy party stormed to victory in a parliamentary election on Sunday with voters giving reformist Kyriakos Mitsotakis another four-year term as prime minister...
https://knews.kathimerini.com.cy/en/comment/opinion/the-obstacles-of-being-vegan-in-cyprus
Have you ever thought about going vegan? The decision to adopt a vegan lifestyle goes beyond mere dietary choices....
https://knews.kathimerini.com.cy/en/news/creating-tasty-flavors-from-leftover-food
Tyler Malek's ice cream parlors in Los Gatos, California, are actively embracing the upcycling movement by crafting premium ice cream flavors from leftover food....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-rakes-in-€69-7-million-in-profits-during-q1-of-2023
Hellenic Bank has reported a profit of €69.7 million for the first quarter of 2023, signaling a strong start to the year. ...
https://knews.kathimerini.com.cy/en/news/titanic-sub-five-all-dead-after-catastrophic-implosion
A deep-sea submersible carrying five people on a voyage to the century-old wreck of the Titanic was found in pieces from a 'catastrophic implosion' that killed everyone aboard, the US Coast Guard said on Thursday, ending a multinational five-day search for the vessel...
https://knews.kathimerini.com.cy/en/news/bank-of-england-raises-interest-rates-to-5
The Bank of England has raised interest rates by a half point to 5% as part of its efforts to combat high inflation and rising mortgage costs. ...
https://knews.kathimerini.com.cy/en/news/police-join-agent-wars-over-domestic-assistants
Foreign nationals on work visas in the Republic of Cyprus may have immigration documents confiscated at Greek Cypriot checkpoints as they cross into the north, as authorities in the south push for preemptive measures to combat overseas travel at the expense of domestic employers...
https://knews.kathimerini.com.cy/en/news/government-procures-32-electric-vehicles-to-reduce-emissions
The Ministry of Transport, Communications, and Works has announced that, for the purpose of promoting clean road transport vehicles and reducing greenhouse gas emissions and other pollutants in the atmosphere, it has received and delivered 32 electric vehicles to Departments and Services of the Public Sector to meet their needs....
https://knews.kathimerini.com.cy/en/news/understanding-price-levels-in-cyprus-and-how-they-compare-to-the-eu-average
According to the latest data from Eurostat, the statistical service of the European Union, the price levels for household expenses in Cyprus were 91% of the EU average in 2022....
https://knews.kathimerini.com.cy/en/business/cyprus-slips-in-global-competitiveness-rankings-for-third-consecutive-year
Cyprus has experienced a decline in its global competitiveness for the third consecutive year, dropping from the 40th position to the 45th out of 64 countries in the IMD World Competitiveness Center rankings....
https://knews.kathimerini.com.cy/en/news/cyprus-changes-tack-with-plan-for-gas-link-to-israel
Cyprus hopes to develop plans for a pipeline linking it to Israel's east Mediterranean gas fields during talks which start next month, the island's top energy official told Reuters...
https://knews.kathimerini.com.cy/en/news/the-president-s-omissions-and-unaddressed-issues
Flanked by his cabinet and through a 24-page document, the President of the Republic presented the program and actions of the government from his first day in office until today. ...
https://knews.kathimerini.com.cy/en/news/search-launched-as-titanic-tourist-sub-vanishes
A submersible used to take tourists to view the wreck of the Titanic has gone missing in the Atlantic Ocean, sparking a search and rescue mission....
https://knews.kathimerini.com.cy/en/business/aub-mediterraneo-paphos-shaping-the-future-of-education-in-the-mediterranean
As the anticipation builds for the opening of the American University of Beirut - Mediterraneo in Paphos scheduled for September 2023, Kathimerini had the privilege of sitting down with Philip S. Khoury,...
https://knews.kathimerini.com.cy/en/news/temporary-vat-reduction-on-essentials-estimated-at-€14-5-million
In the upcoming days, most likely early next week, a clearer picture is expected to emerge regarding the government's course of action on the reduced Value Added Tax (VAT) rate for fuel and electricity....
https://knews.kathimerini.com.cy/en/business/hourly-labor-costs-in-cyprus-rise-by-5-in-q1-2023
According to provisional data released by the Statistical Service on Friday, hourly labor costs in Cyprus saw a 5% increase in the first quarter of 2023 compared to the same period the previous year....
https://knews.kathimerini.com.cy/en/news/us-citizens-exit-portugal-as-demand-for-golden-visas-plummet-37
Following the abolishment of the Golden Visa scheme of Portugal some expatriates are leaving the country, based on the report of Bloomberg....
https://knews.kathimerini.com.cy/en/news/cyprus-struggles-with-renewable-energy-and-storage-gap
Only 15% of Cyprus' total energy production comes from Renewable Energy Sources (RES), highlighting the country's significant lag in this sector....
https://knews.kathimerini.com.cy/en/news/eu-nationals-to-require-electronic-travel-authorization-eta-starting-next-year
Nationals of the 27 European Union Member States traveling to the United Kingdom will need to apply for an electronic travel authorization (ETA) starting next year, which will cost them almost €12....
https://knews.kathimerini.com.cy/en/news/greek-islands-grapple-with-doctor-shortages-as-tourism-takes-priority
Many Greek islands face severe shortages of doctors and nurses and attempts to solve the issue fall afoul of local economies and, in certain cases, government bureaucracy....
https://knews.kathimerini.com.cy/en/news/former-us-based-bank-executive-to-lead-turkey-s-central-bank
Turkish President Recep Tayyip Erdogan on Friday appointed a former U.S.-based bank executive to head Turkey’s central bank, in another sign that his administration might pursue more conventional economic policies....
https://knews.kathimerini.com.cy/en/news/cyprus-banking-sector-maintains-stable-solvency-ratio
The overall solvency ratio of the Cyprus banking sector stood at 21.2% at the end of December 2022, the same as September 2022, according to data published by the Central Bank of Cyprus on Wednesday....
https://knews.kathimerini.com.cy/en/news/cyprus-s-slow-ride-on-the-electric-car-bandwagon
We are slowly rushing towards zero-emission transportation. The data from new vehicle registrations indicate that while the numbers are increasing, the percentage of electric cars on Cypriot roads remains limited....
