https://knews.kathimerini.com.cy/en/news/cyprus-online-legal-system-still-facing-problems-after-fixes
The gradual relocation of state data center servers to fully compliant and secure facilities will begin before the end of the year, according to Deputy Minister of Innovation......
https://knews.kathimerini.com.cy/en/news/authorities-issue-new-evacuation-orders-as-attica-fire-spreads
Hundreds of firefighters are battling a fierce blaze in northeast Attica that ignited Sunday afternoon in Varnavas and has since spread to Penteli, endangering Nea Makri. Despite the extensive efforts of emergency services, the fire has rapidly intensified....
https://knews.kathimerini.com.cy/en/business/trade-deficit-slashed-by-20-in-2024-amid-falling-imports
Cyprus saw its trade deficit shrink by over 20% in the first half of 2024, according to the latest data from the Statistical Service. The trade deficit, which is the difference between what the country imports and exports, fell to €3.57 billion, down from €4.48 billion during the same period in 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-is-growing-older-and-smarter
Cyprus' population is aging and becoming more educated, according to final results from the 2021 Census of Population and Housing released on Friday by the Statistical Service. Conducted in government-controlled areas, the census recorded a population of 923,381 as of October 1, 2021, reflecting a 9.9% increase from the 2011 census....
https://knews.kathimerini.com.cy/en/news/cypriots-flock-to-the-coast-for-summer-holidays-despite-rising-prices
Coastal areas remain the top choice for Cypriots' domestic summer holidays, with destinations like Ayia Napa, Protaras, Paphos, Limassol, and Larnaca seeing high demand, according to the Cyprus Hotels Association (PASYXE)....
https://knews.kathimerini.com.cy/en/news/potato-harvests-increase-in-2023-but-long-term-decline-persists
Cyprus witnessed a modest increase in potato production in 2023, with 95,000 tonnes harvested, marking a 5.6% rise from the previous year, according to recent data from Eurostat, the European Union's statistical office....
https://knews.kathimerini.com.cy/en/business/norway-powers-up-with-the-world-s-first-wireless-charging-road-for-evs
Get ready to buckle up and plug into the future! Norway has just unveiled its latest electrifying innovation—a wireless charging road for electric vehicles (EVs) in the vibrant city of Trondheim....
https://knews.kathimerini.com.cy/en/news/eurozone-service-output-stable-in-may-up-2-5-yearly
The production of services remained more or less stable in the eurozone (down -0.1%) and in the EU (+0.1%) in May 2024 compared to April, while increasing compared......
https://knews.kathimerini.com.cy/en/news/building-permits-surge-8-5-in-early-2024
Building permits issued during the period January-May 2024 went up by 8.5%, according to data published on Wednesday by the Statistical Service....
https://knews.kathimerini.com.cy/en/news/president-unveils-€9-5m-support-package-for-students-and-families
President Nicos Christodoulides announced a new package of measures aimed at supporting students and alleviating family budgets amid rising inflation and costs. The initiative, titled "Together at Every Beginning," is designed to assist families as the new school year approaches....
https://knews.kathimerini.com.cy/en/news/cyprus-boosts-r-d-funding-by-nearly-20-spending-€138m-in-2023
Cyprus significantly boosted its investment in research and development (R&D) in 2023, with government budget allocations rising by 19.8% compared to the previous year, according to new data from Eurostat. This increase is notably higher than the average 5.3% rise observed across the European Union during the same period....
https://knews.kathimerini.com.cy/en/news/controversy-as-2-7m-tourists-flock-to-occupied-cyprus
According to Halkin Sesi, citing data on tourism in the pseudo-state, the occupied territories in Cyprus saw an influx of 2.7 million third-country nationals in the first five months of 2024....
https://knews.kathimerini.com.cy/en/business/joint-sea-venture-for-cleaner-seas-by-the-bank-of-cyprus
Initial assessments showed no observable impact on the biodiversity of the Blue Lagoon area of the Akamas Peninsulaby tourism activities....
https://knews.kathimerini.com.cy/en/news/central-bank-revises-gdp-growth-to-3
The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth rate for 2024, by 0.2 percentage points, to 3%......
https://knews.kathimerini.com.cy/en/business/cyprus-unemployment-decreases-while-social-benefits-paid-increase
The number of unemployed persons registered at the District Labour Offices in Cyprus fell to 11,877 at the end of July 2024, marking a 9.9% decrease compared to the same period last year, according to data released by the Statistical Service on Monday....
https://knews.kathimerini.com.cy/en/business/ft-global-stock-markets-tumble-amid-us-recession-fears
Global stock markets experienced significant declines on Monday as concerns about a potential US recession led investors to abandon risky assets....
https://knews.kathimerini.com.cy/en/news/gesy-reserve-fund-soars-to-€590-million
The General Healthcare System (GESY) reserve fund remains high at approximately €590 million, exceeding international best practices......
https://knews.kathimerini.com.cy/en/news/marios-georgiou-achieves-historic-olympic-finish-despite-fall
Cypriot gymnast Marios Georgiou made history as one of the country's top Olympic performers, finishing sixth in the horizontal bar event with a score of 13.333.
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https://knews.kathimerini.com.cy/en/business/august-newsletter-of-k-treppides-co-ltd-european-securities-and-markets-authority
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/business/rain-or-shine-it-s-a-wild-weather-ride
In a surprising twist, Cyprus is experiencing a mix of summer showers and unpredictable weather patterns. Several areas of the island have been treated to a refreshing rain, and according to the Meteorological Service, tonight will bring more excitement with locally increased low clouds, especially along the coast....
https://knews.kathimerini.com.cy/en/comment/opinion/former-ministers-to-pay-fines-after-interconnector-tax-probe
Fines and fees for former officials linked to Interconnector companies....
https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-reports-€105-7m-net-profit-for-h1-2024
Eurobank Cyprus reported a net profit of €105.7 million for the first half of 2024, marking a 16% increase, or €14.9 million, compared to the same period in 2023....
https://knews.kathimerini.com.cy/en/news/from-sleepy-fishing-village-to-clubbing-capital
In the 1990s, Ayia Napa, a serene fishing village in Cyprus, underwent a remarkable transformation into one of the world's premier clubbing destinations. This metamorphosis is attributed to the pioneering efforts of DJ Nick Power, who earned the title "godfather of Ayia Napa."...
https://knews.kathimerini.com.cy/en/comment/opinion/70-of-cypriots-and-greeks-choose-card-payments-over-cash
We are moving ever closer to abolishing cash for consumers and businesses....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-significant-uptick-in-new-loans
In June 2024, new loans in Cyprus substantially increased, reaching €330.6 million, up from €234.9 million in May. Data from the Central Bank of Cyprus (CBC) show that total new loans, which include both new and renegotiated contracts, climbed to €514.9 million from €391.6 million the previous month....
https://knews.kathimerini.com.cy/en/news/cypriots-kontides-and-makri-set-to-compete-in-olympic-regatta
Athletes Pavlos Kontides and Marilena Makri will compete in the Olympic Regatta on Thursday as the Olympic Games are in full swing. Both are in Laser-type boats, now known as ILCA (ILCA 7 for Men and ILCA 6 for Women)....
https://knews.kathimerini.com.cy/en/business/record-surge-in-olive-oil-fraud-amid-rising-prices-of-liquid-gold
The European Union reported a record number of potential olive oil fraud and mislabeling cases in the first quarter of 2024, driven by inflationary pressures and a growing hidden market for the kitchen staple....
https://knews.kathimerini.com.cy/en/news/olympic-men-s-triathlon-postponed-due-to-seine-water-contamination
The men's triathlon at the Olympic Games has been postponed due to poor water quality in the River Seine, despite significant investments in infrastructure. ...
https://knews.kathimerini.com.cy/en/business/fruits-and-perishables-made-of-gold
Soaring retail prices for fresh fruits and vegetables have heavily impacted both consumers and producers in recent months. ...
https://knews.kathimerini.com.cy/en/business/cyprus-ranks-second-in-eu-for-workers-unable-to-afford-vacations
Cyprus recorded the second-largest share of workers unable to afford vacations in 2022 among EU member states, with 25% of its workforce affected, according to an analysis of Eurostat data by the European Trade Union Confederation (ETUC)....
