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/business/business-booms-and-busts-in-cyprus
Newly released data from Eurostat, the statistical service of the European Union, provides insights into the business landscape in 2021. The rate of "enterprise births"...
https://knews.kathimerini.com.cy/en/news/data-protection-commissioner-opposes-school-cctv-pilot
In a statement, Irene Loizidou Nikolaidou, the Commissioner for Personal Data Protection, declared that the potential implementation of Closed Circuit Video Surveillance (CCTV) in school units, even as a pilot, violates the principle of legality within the General Data Protection Regulation (GDPR) framework....
https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-swells-as-imports-surge-in-2023
Cyprus faces a growing trade deficit, reaching €6,490.8 million in January-September 2023, a €685.1 million increase from the same period in 2022, reports the Statistical Service of Cyprus. Total imports surged by 12.7% to €9,756.5 million, with exports rising by 14.6% to €3,265.7 million during the same period....
https://knews.kathimerini.com.cy/en/news/russian-depositor-triumphs-over-laiki-bank-s-2013-haircut
The Legal Service, on behalf of the Republic of Cyprus and the Central Bank of Cyprus (CBC), will appeal the decision of the Limassol District Court, which awarded compensation to a depositor of the former Laiki Bank for the 2013 deposit haircut, according to CNA....
https://knews.kathimerini.com.cy/en/news/rising-number-of-bounced-checks-a-growing-concern
A total of 36 bad cheques, worth €566,732, were issued in October 2023, with 21 persons (14 legal entities and 7 natural persons) being registered in the preliminary list of the Central Information Register for the Issuers of Dishonoured Cheques (CIR), maintained by the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/news/seven-ways-to-boost-cyprus-economy-and-competitiveness
The Cyprus economy needs seven important pillars to respond to the increasingly volatile environment, achieve greater growth, gain a more resilient and competitive economy, and develop innovation and more growth potential, according to PwC CEO Philippos Soseilos....
https://knews.kathimerini.com.cy/en/news/would-you-let-elon-musk-drill-into-your-brain
Elon Musk’s chip implant company Neuralink is looking for its first volunteer who is willing to have a piece of their skull removed so that a robotic surgeon can insert thin wires and electrodes into their brain....
https://knews.kathimerini.com.cy/en/news/will-foreclosures-plague-2023
There is a race against time, with only a few weeks left to address the issue of foreclosures and enhance the framework....
https://knews.kathimerini.com.cy/en/news/mavromichalis-shooter-used-different-gun-investigation-deepens
A shocking assassination that unfolded in the heart of Cyprus's capital, Nicosia, has sent shockwaves through the community. Alexis Mavromichalis, a 45-year-old resident, was fatally shot in his Acropolis apartment on the night of the last third. The investigation into this heinous crime is currently underway....
https://knews.kathimerini.com.cy/en/news/life-expectancy-in-cyprus-drops-to-81-3-years
Data released by Eurostat, the statistical service of the European Union, reveals that life expectancy in Cyprus has declined to 81.3 years....
https://knews.kathimerini.com.cy/en/news/cyprus-institute-s-contribution-to-esa-s-earth-explorer-space-mission
Researchers from the Cyprus Institute’s Climate and Atmosphere Research Center (CARE-C), coordinated by Professor Franco Marenco, are actively involved with the European Space Agency’s (ESA) upcoming EarthCARE satellite mission, focused on cloud, aerosol and radiation exploration....
https://knews.kathimerini.com.cy/en/news/suppliers-push-for-price-increases-amidst-economic-uncertainty
Marios Antoniou, the General Secretary of the Retail Trade Association, discussed the pricing dynamics of products affected by the zero VAT rate, as well as current data and requests for price adjustments during an appearance on SPOR FM's show, Dispersion News....
https://knews.kathimerini.com.cy/en/news/standing-pods-and-robot-flight-attendants-on-2050-airline-cabins
Artificial intelligence can be brutally honest and play up to stereotypical views - as Irish budget airline Ryanair found out recently....
https://knews.kathimerini.com.cy/en/news/covid-19-cases-decline-yet-vaccine-turnout-falls-short
In a recent report, Cyprus has seen a decline in COVID-19 cases and a drop in the positivity rate, according to official data from the Ministry of Health. Data from October 20th to October 26th, 2023, revealed 838 reported cases, with the positivity rate decreasing to 3.2%, compared to 3.6% the previous week....
https://knews.kathimerini.com.cy/en/news/cyprus-rcords-remarkable-17-4-decrease-in-registered-unemployed
In October 2023, the number of registered unemployed persons in Cyprus exhibited a significant decline, marking a 17.4% decrease, equivalent to 1,951 individuals, as reported by the Statistical Office. ...
https://knews.kathimerini.com.cy/en/news/mafia-murders-puzzle-investigators
The mafia murder of Alexis Mavromichalis, known as ''Alexoui,'' inside his apartment on Tuesday night in Verenikis Street, Acropolis, presents a challenging case for Nicosia CID investigators. ...
https://knews.kathimerini.com.cy/en/news/reduced-fuel-and-heating-oil-prices-come-into-effect-today
The excise tax on fuel and heating oil in Cyprus has been reduced by 8.33 and 6.39 cents per litre, respectively, as announced by the government on October 19....
https://knews.kathimerini.com.cy/en/news/will-czech-republic-embrace-the-euro
Despite being part of the European Union for nearly two decades, the Czech Republic remains staunchly opposed to adopting the euro as its official currency. ...
https://knews.kathimerini.com.cy/en/news/cyprus-records-€253-8m-in-new-loans-for-september-2023
Pure new loans in September 2023 increased to €253.8 million compared to €207 million in August 2023, according to the latest data released by the Central Bank of Cyprus on Thursday.
...
https://knews.kathimerini.com.cy/en/business/limassol-s-real-estate-boom-registers-€310m-in-property-sales-for-q3-2023
Ask Wire, a real estate and technology expertise company, has conducted an analysis and presented data on property sales in the Limassol district for the third quarter of 2023.
...
https://knews.kathimerini.com.cy/en/business/iata-s-oneid-sees-a-passport-free-future-in-air-travel
Recent strides in digital identity technology are reshaping the landscape of air travel, offering the promise of a streamlined and secure experience without the hassle of passports and boarding passes. ...
https://knews.kathimerini.com.cy/en/news/airstrikes-rockets-and-buildings-claim-over-3-600-child-lives-in-gaza
The murders of Alexis Mavromichalis (Alexoui) and Thanasis Kalogeropoulos present a challenging puzzle for investigators. They are grappling with a wealth of information related to the open conflicts involving the victims.
...
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/1-rita-wilson-releases-music-video-featuring-christos-mastoras
Rita Wilson delighted her online audience with the release of the official video for her song ''OLI MAZI'' (All Together) featuring Christos Mastoras. The song is part of the soundtrack for the third installment of ''My Big Fat Greek Wedding''....
https://knews.kathimerini.com.cy/en/news/no-foreclosures-on-first-homes-until-the-end-of-2023
In a development concerning foreclosures, four months after the summer 2023 decisions, the data remains unchanged. Banks and credit redemption companies have been urged to provide a two-month grace period for first homes and properties up to 350 thousand euros. ...
https://knews.kathimerini.com.cy/en/news/survey-reveals-26-8-face-violence-from-students-in-cyprus
In Cyprus, a recent government school violence survey has revealed alarming statistics regarding the behavior of students and the treatment of teachers....
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/business/october-newsletter-of-k-treppides-co-ltd-financial-conduct-authority-fca
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...
https://knews.kathimerini.com.cy/en/news/cyprus-passport-ranks-21st-worldwide-thanks-to-its-perks-and-power
Cyprus's passport is currently the 21st most powerful globally, with a total score of 104.00. This ranking considers not only travel opportunities but also taxation, global reputation, dual citizenship policies, and personal freedom....
