https://knews.kathimerini.com.cy/en/news/a-deep-dive-into-food-waste-solutions
A third of all food produced is never eaten, meanwhile millions go hungry. What can be done? Here are six simple solutions to food waste....
https://knews.kathimerini.com.cy/en/news/paphos-court-breaks-new-ground-with-landmark-ruling-on-house-collapse
In a groundbreaking decision, the Paphos District Court recently ruled on a case involving a house collapse in the village of Armos, Paphos District, due to subsidence. The court awarded the plaintiffs 256 thousand euros, covering the purchase price of the house, along with interest and costs....
https://knews.kathimerini.com.cy/en/business/master-the-art-of-black-friday-shopping
As the Black Friday tradition, originating in the 1960s in the United States, ushers in the Christmas shopping season, Cypriots face unique economic challenges....
https://knews.kathimerini.com.cy/en/news/syrian-applicant-triumphs-in-citizenship-appeal
In a recent legal development, a Republic of Cyprus citizenship appeal by a Syrian-born individual of Turkish Cypriot origin proved successful....
https://knews.kathimerini.com.cy/en/news/nations-unite-for-a-tobacco-free-tomorrow
There is a growing number of countries implementing measures to curb smoking, to eradicate the habit in future generations. Portugal, Canada, Australia, France, New Zealand, Mexico, and the UK are among those taking steps to create a smoke-free generation....
https://knews.kathimerini.com.cy/en/news/hiv-patients-denied-care-forced-to-halt-medication
In 2023, although HIV is no longer contagious, HIV-positive patients in Cyprus continue to face marginalization and social exclusion when taking medication....
https://knews.kathimerini.com.cy/en/news/will-black-friday-s-shopping-basket-be-lighter-this-year
The November market outlook differs this year....
https://knews.kathimerini.com.cy/en/business/eurozone-economic-snapshot-november-13-2023
Inflation in the Eurozone, which stood at 10.6% in October 2022, has decreased to 2.9% in October 2023, sparking optimism among central bankers....
https://knews.kathimerini.com.cy/en/news/minister-unleashes-4-boost-for-retirees
In a significant move to enhance the well-being of pensioners, Labor and Social Insurance Minister Yiannis Panayiotou declared a nearly 4% increase in basic pensions for the upcoming year....
https://knews.kathimerini.com.cy/en/news/central-banks-across-europe-hold-firm-amidst-rate-cut-speculations
Europe's top central bankers have affirmed that despite market expectations for a reduction due to weakening growth, interest rates will persist at elevated levels. ...
https://knews.kathimerini.com.cy/en/business/cyprus-banks-bracing-for-profit-squeeze-according-to-moody-s
Moody's believes that Cyprus' small and saturated banking sector, the banks' limited loan portfolio, and low fee and commission income will restrict opportunities for growth in domestic banks' activities and profitability in the long term....
https://knews.kathimerini.com.cy/en/news/a-decade-ago-amazon-launching-drones-for-parcel-deliveries
Exactly a decade ago, Amazon revealed a program that aimed to revolutionize shopping and shipping. Drones launched from a central hub would waft through the skies delivering just about everything anyone could need....
https://knews.kathimerini.com.cy/en/business/two-week-lifeline-as-aphrodite-negotiations-extend-amid-deadlock
With the deadline for Chevron's proposal on the ''Aphrodite'' reservoir set to expire on Sunday, November 5, negotiations between the Republic of Cyprus and the consortium of ''12'' (Chevron, Shell, NewMed) led by the American giant for the development of the reservoir seem to remain in a deadlock. ...
https://knews.kathimerini.com.cy/en/business/ppc-becomes-new-owner-of-kotsovolos-in-€200-million-deal
In a significant development, PPC, the Greek energy company, has emerged as the new owner of the popular retail brand "Kotsovolos." This transition was facilitated through a deal with the British group Currys, valuing the acquisition at €200 million, entirely free from loans and lease obligations....
https://knews.kathimerini.com.cy/en/news/€16-billion-in-energy-investments-for-2021-2030
Cyprus' investment footprint in the energy sector is small but not insignificant, with expected investments in the sector amounting to over €16 billion for the decade 2021-2030, experts said at the third and fourth sessions of the 11th energy symposium, organised by FMW and the Institute of Energy of South East Europe in Nicosia on Tuesday....
https://knews.kathimerini.com.cy/en/business/a-cheesy-dilemma-as-halloumi-faces-new-market-challenges
Amid renewed discussions on the PDO halloumi milk quota, a fresh challenge has emerged for producers and the competitiveness of the product. The market now sees products labeled as ''grilled cheese,''...
https://knews.kathimerini.com.cy/en/news/halloumi-talks-continue-as-stakeholders-seek-common-ground
In a meeting lasting over four hours on Monday evening at the Agricultural Research Institute in Aglandjia, discussions on the issue of halloumi concluded with a concise announcement from the Ministry. It was decided to continue talks with different stakeholder groups individually....
https://knews.kathimerini.com.cy/en/news/which-european-country-bears-the-brunt-of-energy-costs
The pre-tax prices of electricity and natural gas soared after Russia's full-scale invasion of Ukraine, but they're now on the decline. Although slightly higher than the second half of 2022, the final prices for customers, including taxes, reached their peak in the first half of 2023....
https://knews.kathimerini.com.cy/en/news/key-economic-issues-dominate-the-headlines
Despite various actions taken and a decrease in inflation, there are worries about the central bank's ability to achieve its goals. Some experts suggest that the target of 2% price growth, ...
https://knews.kathimerini.com.cy/en/news/austria-allocates-€33m-for-wrongly-convicted-gay-men
A historic proposal by the Austrian Ministry of Justice sees €33m set aside to compensate those who were wrongly convicted - but critics say the amount on offer is not enough....
https://knews.kathimerini.com.cy/en/news/property-sales-surge-to-15-year-high-due-to-foreign-buyers
Residential property sales in Cyprus hit a 15-year record high in the second quarter of 2023, with significant increases in prices, according to data released by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/should-tenants-have-a-paw-sitive-right-to-pets
Is a tank full of snakes in a bedsit OK? Would three St Bernard dogs in a two-bedroom flat be too much?...
https://knews.kathimerini.com.cy/en/news/aphrodite-deal-stalls-between-nicosia-and-chevron
November is not bringing any closer the prospect of an agreement between Nicosia and Chevron regarding the development of Block 12, also known as 'Aphrodite,' within the Cypriot Exclusive Economic Zone (EEZ)....
https://knews.kathimerini.com.cy/en/news/kedipes-prepares-60-million-euro-mortgage-to-rent-initiative
The sale of primary residences worth up to 350 thousand euros faces a potential new suspension. As of the end of October, no additional steps have been taken regarding divestments....
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/news/new-measures-unveiled-for-energy-and-housing
In a decisive move to support Cyprus' households and businesses, the Council of Ministers, under the leadership of President Nikos Christodoulides, unveiled a comprehensive package of immediate and medium-term measures today....
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....
