https://knews.kathimerini.com.cy/en/news/imf-forecasts-economic-challenges-for-cyprus-in-2023-and-beyond
The International Monetary Fund (IMF), in its ''World Economic Outlook'' for October, published on Tuesday, forecasts that Cyprus's growth rate for 2023 will slow down to 2.2% of GDP, down from the 2.5% it had projected in its April outlook....
https://knews.kathimerini.com.cy/en/comment/opinion/sales-surge-by-14-2-despite-2022-comparison
In September, traditionally considered the start of the year for many, several significant trends are emerging....
https://knews.kathimerini.com.cy/en/news/moody-s-boosts-bank-of-cyprus-and-hellenic-bank-ratings-to-baa2
Moody’s Investors Service has upgraded Bank of Cyprus’ and Hellenic Bank’s long-term deposit ratings to Baa3 from Ba1, citing the continued resilience of the Cypriot economy and credit conditions, which are leading to supportive operating conditions for Cypriot banks....
https://knews.kathimerini.com.cy/en/news/unexpected-earnings-dip-in-2022-at-€2-202
In a surprising turn of events, Cyprus witnessed its first annual drop in monthly earnings after seven prosperous years....
https://knews.kathimerini.com.cy/en/news/unpredictable-conditions-ahead
The atmospheric drama unfolds over the Mediterranean, Cyprus finds itself under the influence of a weak low-pressure area....
https://knews.kathimerini.com.cy/en/news/foreign-buyers-flock-to-cyprus-real-estate
Recent data on property sales in Cyprus reveal distinct trends in different provinces. Notably, the real estate landscape in Nicosia contrasts sharply with that of coastal provinces....
https://knews.kathimerini.com.cy/en/business/just-a-breath-away-from-a-new-tourism-record
Hermes Airports statistics reveal that August achieved an unprecedented milestone in air traffic, with a total of 1.516 million passengers. When examining this figure in terms of arrivals and tourist arrivals, it amounts to 511,387 arrivals. ...
https://knews.kathimerini.com.cy/en/news/from-38°c-to-18°c-weather-rollercoaster-ahead
In the world of weather, today's forecast promises a mix of tranquility and change. As the day begins, the skies will be predominantly clear, offering a canvas of blue above....
https://knews.kathimerini.com.cy/en/comment/opinion/the-charms-of-a-forgotten-neighborhood
In Seat 7A, I don my mask and fasten my seatbelt, opening my book. ...
https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-in-internet-piracy
A recent report from the European Union Intellectual Property Office (EUIPO) sheds light on the concerning issue of internet piracy within the European Union....
https://knews.kathimerini.com.cy/en/business/foreign-demand-fuels-cyprus-real-estate-boom-as-local-interest-wanes
Demand in the real estate market remained steady from January to August despite rising prices, but interest has gradually waned, according to Paul Loizou, CEO of Ask Wire. ...
https://knews.kathimerini.com.cy/en/news/bank-refunds-$500-000-to-elderly-customer
From Australia comes a story of corporate responsibility in the face of personal tragedy as an elderly national bank depositor had nearly AUD$500,000 returned to him out of the bank’s own pockets.
...
https://knews.kathimerini.com.cy/en/business/borrowers-in-a-high-stakes-game-of-loan-roulette
In 2023, borrowers face a pivotal year, primarily due to the soaring levels of inflation, rising prices, and increasing interest rates. This year also carries significant importance for banks, not in terms of profits, ...
https://knews.kathimerini.com.cy/en/news/ukraine-sparks-trade-war-with-legal-action-over-food-bans
Ukraine has filed lawsuits to the World Trade Organization (WTO) against Slovakia, Poland and Hungary over their bans on food imports from Kyiv.
...
https://knews.kathimerini.com.cy/en/news/women-now-command-56-of-austrian-university-seats
The proportion of female students at Austrian universities is higher than the opposite gender, overtaking them by 56 per cent, as Statistics Austria has revealed....
https://knews.kathimerini.com.cy/en/news/135-debt-reduction-sparks-hope-for-economy
According to the latest data from the Central Bank of Cyprus, the private debt-to-GDP ratio has shown a significant decrease from its peak at the end of the first quarter in 2015 to the end of March 2023. ...
https://knews.kathimerini.com.cy/en/business/unlimited-data-dominates-in-mobile-telephony-contracts
In the first half of 2023, over 50% of mobile phone contracts now offer unlimited voice, SMS, and data, highlighting the growing importance of data in these contracts. ...
https://knews.kathimerini.com.cy/en/news/putin-and-erdogan-s-plan-for-turning-turkey-into-an-energy-hub-stalls
A joint endeavor between Putin and Erdogan to transform Turkey into a crucial conduit for Russian gas to Europe appears to have hit a roadblock, according to sources cited by Reuters....
https://knews.kathimerini.com.cy/en/news/second-fence-erected-at-pournara-migrant-reception-center
The Interior Ministry has announced the installation of a second reinforcing fence around the perimeter of the ''Pournara'' reception center in Kokkinotrimithia, Nicosia district. ...
https://knews.kathimerini.com.cy/en/news/request-for-200-000-euros-in-overtime-pay-for-state-officials-withdrawn
Irene Piki, the Deputy Minister to the President, has announced the withdrawal of a request for more than 200 thousand euros in funds to cover overtime pay for state officials working at the Presidential Office. She revealed this on state radio's Morning Routes program, specifying that the request was related to one specific person....
https://knews.kathimerini.com.cy/en/news/fuel-prices-surge-electricity-rates-hold-steady
Fuel prices are set to rise by 2-2.5 cents per liter for diesel and slightly less for unleaded gasoline, effective today at petrol stations....
https://knews.kathimerini.com.cy/en/news/fire-in-hanoi-claims-lives-of-more-than-30
The Digital Agenda Cyprus Summit is excited to announce its partnership with the organization "Techisland" as the primary sponsor of the "Alpha Stage" platform, which aims to support startups in Cyprus and the surrounding area....
https://knews.kathimerini.com.cy/en/news/prigozhin-s-alleged-survival-and-lavish-caribbean-retreat
A Russian analyst has claimed that Wagner warlord Yevgeny Prigozhin did not die in a plane crash last month after all – and he’s instead living a life of luxury on a Caribbean island....
https://knews.kathimerini.com.cy/en/news/cyprus-building-permits-dip-7-4
Building permits issued in Cyprus in the first half of 2023 dropped by an annual 7.4%, with the value of the permits rising by 16.5% and the total area by 3.0%, data released by the Statistical Service of Cyprus show....
https://knews.kathimerini.com.cy/en/news/china-s-economic-slowdown-threatens-global-stability
China is unlikely to surpass the US as the world's largest economy as initially predicted for the early 2030s, primarily due to a growing lack of confidence in the Chinese economy, according to Bloomberg Economics analysts....
https://knews.kathimerini.com.cy/en/news/british-woman-alleges-gang-rape-by-israeli-men-in-ayia-napa
A leaked report obtained by the Daily Mail reveals that a British woman has alleged being gang-raped by five Israeli men during her holiday in Cyprus. The 20-year-old victim, whose identity remains confidential due to legal considerations, reported the incident in the party resort of Ayia Napa....
https://knews.kathimerini.com.cy/en/news/adopt-don-t-shop-as-abandoned-dogs-crisis-deepens
The plight of abandoned dogs in Cyprus has taken a turn for the worse, according to officials from the Municipality of Nicosia and a local pound that houses strays collected by multiple authorities in the Nicosia district. ...
https://knews.kathimerini.com.cy/en/news/france-s-abaya-ban-draws-cheers-from-the-right-debate-on-the-left
The French government's decision to ban children from wearing the abaya, the loose-fitting, full-length robes worn by some Muslim women, in state-run schools drew applause on Monday from the right, but also criticism....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-sharp-drop-in-asylum-applications
Cyprus has witnessed a significant decline in new asylum applications from non-EU countries, according to recently released data from Eurostat, the EU's statistical service....
https://knews.kathimerini.com.cy/en/news/clouds-showers-and-clear-spells
In the upcoming days, the island will experience a mix of weather conditions, as a seasonal low-pressure system prevails in the region....
