https://knews.kathimerini.com.cy/en/news/south-korea-bans-dog-meat-landmark-legislation-ends-centuries-old-practice
South Korea's parliament passed a bill on Tuesday to ban the eating and selling of dog meat, a move that will end the controversial centuries-old practice amid growing support for animal welfare....
https://knews.kathimerini.com.cy/en/news/greek-pm-sparks-debate-on-same-sex-marriage-rights
Prime Minister Kyriakos Mitsotakis has decided to open the debate on same-sex marriage and parenthood, as is expected to address the issue extensively in a television interview on Wednesday....
https://knews.kathimerini.com.cy/en/news/1-half-of-container-ships-avoid-red-sea-due-to-attacks
In a dramatic response to mounting security threats, half of the container ships navigating the Red Sea and the Suez Canal are steering clear of the danger zone....
https://knews.kathimerini.com.cy/en/news/cypriot-market-braces-for-impact-amidst-suez-canal-disruptions
In a recent interview with KEBE Secretary General Marios Tsiakkis, concerns were raised about the inevitable impact on product prices in Cyprus due to increased fees for ships carrying containers. ...
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/news/pafos-polis-chrysochous-motorway-construction-continues-amid-contractual-discussions
The risk of halting construction on the Pafos-Polis Chrysochous motorway has been temporarily averted. In recent days, the construction company formally submitted a series of requests in a letter to the Department of Public Works and the Ministry of Transport,...
https://knews.kathimerini.com.cy/en/news/navigating-the-festive-frenzy
The government is grappling with significant challenges in managing and addressing the housing needs of its building stock....
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/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/major-shipping-firms-redirect-routes-as-red-sea-attacks-intensify
In a significant move with potential global repercussions, major shipping companies, including MSC, Maersk, and Hapag-Lloyd, opt to steer clear of the Red Sea route....
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/uk-and-cyprus-to-strengthen-global-collaboration
The UK Foreign, Commonwealth and Development Office Director General for Europe, Peter Wilson and the Republic of Cyprus Ministry of Foreign Affairs Permanent Secretary, Kyriacos Kouros chaired the first annual review of the UK-Cyprus Memorandum of Understanding....
https://knews.kathimerini.com.cy/en/news/european-data-shows-low-interest-payouts-by-cypriot-banks
Cypriot banks rank second to last among European banks in terms of paying interest on total household deposits, according to data released on Wednesday by the European Banking Authority (EBA), as part of its annual risk assessment of the European banking system....
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/farmers-rally-at-presidential-palace-over-subsidies
In a dramatic turn of events today, potato and wheat farmers engaged in clashes with the police during their protest outside the Presidential Palace....
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/google-s-2023-search-snapshot-revealed
Google recently unveiled its "Year in Search" report, offering a captivating glimpse into 2023's global queries. The ongoing Israel-Hamas conflict took the top spot in news trends, followed by the Titanic-bound submersible incident and devastating earthquakes in Turkey and Syria....
https://knews.kathimerini.com.cy/en/news/president-s-clash-with-auditor-general-escalates
When Nikos Christodoulides expressed bitterness and heartache after the publication of the auditor general's report on the benefits he received as a government representative and seconded civil servant, questions arose about the conflict between the president and the auditor general....
https://knews.kathimerini.com.cy/en/business/sixt-pumps-the-bakes-on-tesla-as-it-halts-purchases-and-sells-existing-ev-stock
In a strategic move that underscores the evolving dynamics in the electric vehicle (EV) landscape, Sixt, a prominent German rental car company, has decided to discontinue purchasing Tesla vehicles and plans to sell off its current Tesla EV stock....
https://knews.kathimerini.com.cy/en/news/cyprus-battles-antibiotic-overuse
In a recent press conference, The Pathological Society of Cyprus highlighted the alarming statistic that 1 in 2 citizens annually take antibiotics, leading to Cyprus outpacing other European countries in antibiotic consumption....
https://knews.kathimerini.com.cy/en/business/ktrends-survey-reveals-public-dissatisfaction-with-cyprus-government
In a recent economic survey conducted by ''Kathimerini,'' the fifth wave of ''Ktrends'' highlights notable trends in economic, household, and market dynamics for October 2023. ...
https://knews.kathimerini.com.cy/en/news/questions-arise-over-€18-5m-purchase-for-foreign-ministry-relocation
Members of the Finance Committee in the Parliament have raised questions about the proposed release of 18.5 million euros for the purchase of the former Laiki Bank building in Nicosia, intended as the temporary relocation site for the Ministry of Foreign Affairs. ...
https://knews.kathimerini.com.cy/en/business/ey-cyprus-signs-mou-with-university-of-cyprus
Organization to offer scholarships to students of the MBA and MSc Finance and cover CFA qualification costs for undergraduates....
https://knews.kathimerini.com.cy/en/news/fbi-takes-center-stage-in-cyprus-confidential-investigation
In a significant development, a specialized FBI team is set to land in Cyprus shortly, marking a collaboration with local authorities in investigating Cyprus Confidential....
https://knews.kathimerini.com.cy/en/business/how-artificial-intelligence-is-changing-cyprus
The 8th Innovation and Entrepreneurship Forum, focusing on ''AI & Business: creating value, minimizing risks,'' held at the University of Cyprus on Tuesday (28/11), delved into the impact of artificial intelligence (AI) on business. ...
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/ministry-s-robust-€65-2m-budget-signals-ambitious-2024-plans
At 65.2 million euros, the proposed budget of the Ministry of Tourism for 2024 surpasses previous years, accounting for initial budgets and excluding additional expenditures....
https://knews.kathimerini.com.cy/en/business/city-of-dreams-mediterranean-faces-bumpy-start-with-181-job-losses
In a stark indicator of the challenges facing the Limassol casino-resort, the recent dismissal of 181 employees reveals significant issues four months after its grand opening. ...
https://knews.kathimerini.com.cy/en/news/kedipes-introduces-rent-to-own-scheme-for-vulnerable-households
Starting December 4, the government, in collaboration with KEDIPES, opens applications for the innovative "rent for hire-purchase" scheme. This initiative aims to fully settle loans secured on the main residences of vulnerable households, offering a lifeline to those facing financial challenges....
