https://knews.kathimerini.com.cy/en/news/homeownership-in-cyprus-drops-below-eu-average
In 2023, 68.8% of Cypriots owned their homes, slightly below the EU average of 69.2%, according to Eurostat. Conversely, 31.2% of the population lived in rented housing, just above the EU average of 30.8%....
https://knews.kathimerini.com.cy/en/news/exxonmobil-to-begin-drilling-in-cyprus-eez-in-january-2025
ExxonMobil’s drilling rig is set to begin operations in Cyprus’ Exclusive Economic Zone (EEZ) in mid-January 2025, according to Energy Minister George Papanastasiou. The rig will target the "Electra" site in Block 5, with the drilling process expected to last approximately one month....
https://knews.kathimerini.com.cy/en/news/winter-weather-woes-as-elena-keeps-the-region-on-its-toes
The extended barometric system affectionately (or not) named ELENA is still calling the shots, bringing another round of quirky winter weather. ...
https://knews.kathimerini.com.cy/en/business/how-the-european-artificial-intelligence-ai-act-will-transform-auditing-and-financial-reporting-and-the-crucial-role-of-the-external-auditor
The European Union took a bold step in August 2024 by adopting the AI Act, a landmark regulation designed to ensure that Artificial Intelligence systems are safe, ethical, and transparent. ...
https://knews.kathimerini.com.cy/en/news/17-years-on-panayiotis-netzati-s-escape-remains-an-unsolved-mystery
It’s been 17 years since Panayiotis Netzati, convicted of one of the most shocking crimes in Cyprus, escaped from the Central Prison on October 14, 2007....
https://knews.kathimerini.com.cy/en/news/troodos-gets-its-white-christmas-thanks-to-elena
It looks like the holiday classic "I'm Dreaming of a White Christmas" got a real-life rendition in Troodos this year, as the mountain region woke up to a snowy wonderland late on Christmas Day. ...
https://knews.kathimerini.com.cy/en/news/unveiling-the-face-of-saint-nicholas
Saint Nicholas of Myra, the 4th-century bishop whose acts of kindness inspired the legend of Santa Claus, has been brought back to life—virtually....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-greece-market-overview-2023-2024-and-projections-for-2025-and-beyond
The market underwent significant changes from mid-2023 onwards due to several global and regional factors....
https://knews.kathimerini.com.cy/en/news/putin-dares-the-west-to-a-hypersonic-missile-showdown
Russian President Vladimir Putin proposed a high-tech "showdown" between Moscow's new Oreshnik missile and US-developed air defense systems....
https://knews.kathimerini.com.cy/en/life/golden-cucumbers-prices-soar-by-201
Substantial price hikes are being observed for fresh meat, Christmas treats, and especially vegetables in the lead-up to the Christmas season, according to the Christmas 2024 Price Watch....
https://knews.kathimerini.com.cy/en/comment/opinion/the-vatican-politics-and-our-underwater-cable-a-humorous-take-on-cyprus-life
I read it, and I couldn’t believe my eyes. The Vatican is facing serious financial problems....
https://knews.kathimerini.com.cy/en/news/cyprus-increases-fines-for-mobile-phone-use-while-driving
In a move to curb road fatalities, the Road Safety Council of Cyprus has unanimously decided to sharply increase penalties for serious traffic violations, effective immediately....
https://knews.kathimerini.com.cy/en/news/consumer-service-price-reductions-in-39-product-categories
The Consumer Protection Service announces the Consumer Product Price Observatory for November 2024....
https://knews.kathimerini.com.cy/en/news/cattle-farmers-develop-system-to-verify-milk-origin-in-halloumi-production
The Pancyprian Organisation of Cattle Farmers (POCF), in partnership with a UK-based private laboratory, has introduced a certified method to determine if Cypriot milk is used in halloumi cheese production....
https://knews.kathimerini.com.cy/en/business/finance-minister-signs-agreements-on-cryptocurrency-and-tax-information-sharing
Cyprus' Finance Minister, Makis Keravnos, has officially signed the Multilateral Competent Authority Agreements (MCAA) under the Global Forum of the Organization for Economic Cooperation and Development (OECD)....
https://knews.kathimerini.com.cy/en/news/meta-slammed-with-€250-million-fine-for-facebook-data-breach
Meta, the parent company of Facebook, has been hit with a hefty fine of over €250 million (approximately £206 million) by the Irish Data Protection Commission (DPC) due to a significant data breach....
https://knews.kathimerini.com.cy/en/news/budget-passed-now-it-s-time-for-gifts-santa-suits-and-a-holiday-twirl-pics-and-video
After days of intense discussions, debates, and bill votes, Cyprus' MPs finally got a well-deserved break to celebrate the holiday season in style....
https://knews.kathimerini.com.cy/en/business/panagiotou-best-labor-market-performance-in-the-last-15-years
The labor market in 2024 is achieving its strongest performance in the past 15 years, driven by increased job creation, employment growth, reduced unemployment, and rising wages....
https://knews.kathimerini.com.cy/en/news/university-of-nicosia-marks-record-achievement-with-17-academics-among-world-s-top-cited-scientists
The University of Nicosia announces seventeen of its academics being recognised among the world's most-cited scientists, according to the latest Stanford University list of top-cited scientists....
https://knews.kathimerini.com.cy/en/news/top-russian-general-igor-kirillov-assassinated-in-moscow
In a bold and high-profile operation, Ukraine's SBU intelligence service assassinated Russian Lieutenant General Igor Kirillov, the head of Russia's Nuclear, Biological, and Chemical Protection Troops, ...
https://knews.kathimerini.com.cy/en/business/‘crotch-circles-spark-bikini-line-buzz-in-luton
Luton’s skyline got a peculiar upgrade this morning when a field near the airport unveiled a set of what can only be described as crotch circles — and no, this isn’t a new social media trend....
https://knews.kathimerini.com.cy/en/news/brutal-attack-in-the-heart-of-nicosia-leaves-29-year-old-man-injured
A scene straight out of a movie unfolded on the streets of Nicosia late Sunday night, as a 29-year-old Greek Cypriot man was violently beaten by a group of about 30 young men....
https://knews.kathimerini.com.cy/en/news/young-vandals-cause-damage-at-larnaca-schools
Larnaca schools are facing an ongoing challenge with vandalism, following a series of incidents on Friday, December 13, that left schools in the city damaged....
https://knews.kathimerini.com.cy/en/news/prometheus-sets-sail-a-new-energy-chapter-for-cyprus-begins
Cyprus has taken a big step toward its energy future with the launch of the floating natural gas plant Prometheus from Shanghai....
https://knews.kathimerini.com.cy/en/news/former-openai-researcher-found-dead-amid-copyright-dispute
Suchir Balaji, a 26-year-old former researcher at OpenAI, was found dead in his San Francisco apartment on November 26. Authorities reported no evidence of foul play. ...
https://knews.kathimerini.com.cy/en/business/cyprus-recalls-11-000-mazda-demio-cars-over-faulty-airbags
The Cyprus government is facing a growing issue involving hundreds of cars that need to be recalled due to faulty airbags. Specifically, about 11,000 Mazda Demio vehicles, imported as used cars from non-EU countries,...
https://knews.kathimerini.com.cy/en/news/bean-bar-brings-christmas-magic-to-life
Christmas time is here again, and Bean Bar invites us to experience the magic of the most beautiful time of the year and to make the true meaning of the holidays come true by supporting children in need....
https://knews.kathimerini.com.cy/en/business/moody-s-nick-hill-on-financial-risks-and-opportunities-for-2025
In an insightful conversation with Kathimerini's Panayiotis Rougalas, Nick Hill discusses the key macroeconomic risks and opportunities facing the region in 2025....
https://knews.kathimerini.com.cy/en/life/whale-s-incredible-migration-stuns-researchers
A humpback whale has completed one of the longest and most remarkable migrations ever documented, a journey scientists believe may be linked to changing environmental conditions....
https://knews.kathimerini.com.cy/en/news/sense-of-optimism-surrounds-roadblock-talks