https://knews.kathimerini.com.cy/en/news/national-guard-chief-reports-45-drop-in-accidents-in-2024
The National Guard recorded a 45% decrease in accidents in 2024 compared to the previous year, marking the lowest number of incidents on record, Chief of the National Guard Georgios Tsitsikostas announced Friday....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-decline-in-asylum-appeals-but-spike-from-high-risk-nations
Cyprus recorded a notable 22% decrease in the number of new appeals by asylum seekers in 2024, according to the Legal Service's annual statistical report....
https://knews.kathimerini.com.cy/en/news/12-000-citizenship-applications-stuck-in-limbo-amid-processing-delays
A backlog of 12,000 citizenship applications has raised serious concerns about the efficiency of Cyprus’ immigration and residence permit processing system....
https://knews.kathimerini.com.cy/en/news/countdown-to-chaos-cyprus-traffic-light-fiasco
The government has been given an ultimatum: install countdown timers at traffic lights equipped with cameras within six months—or shut down the traffic camera system entirely. ...
https://knews.kathimerini.com.cy/en/news/prices-drop-for-most-basic-goods-but-fresh-produce-keep-climbing
Good news for shoppers—most basic goods saw a price drop in February, according to the latest Consumer Price Observatory report from the Consumer Protection Service. However, if you're buying fresh vegetables and greens, you might have noticed your grocery bill going up....
https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-in-female-enrollment-for-master-s-and-doctorate-programs
In a groundbreaking achievement, Cyprus has been recognized for having the largest share of women pursuing master's studies in 2022 among all EU member states, according to the latest data from Eurostat, the European Union’s statistical service....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-a-win-for-families-a-challenge-for-businesses
Cyprus is set to undergo its first major tax reform in over 20 years, with changes expected to align the system with the country’s evolving economic landscape....
https://knews.kathimerini.com.cy/en/news/unique-protected-species-in-europe-killed-at-the-mavrokolympos-dam
A month ago, the Ministry of Agriculture announced an environmental disaster: the drainage of the Mavrokolympos dam due to a technical failure that could not be repaired. ...
https://knews.kathimerini.com.cy/en/news/the-road-to-prosperity
Browsing social media I have recently come across a map showing all the countries with GDP per capita higher than Poland’s back in 1990 and in 2018....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-cancels-plan-to-sell-jcc-payment-systems
The process for the sale of JCC Payment Systems has been halted, bringing an end to the deal between JCC and Euronet that had been under consideration since the summer of 2024....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-€508m-profit-for-2024
Bank of Cyprus has posted impressive results for 2024, reporting net profits of €508 million, marking a 4% increase from the previous year’s €487 million. The results reflect the bank's strong performance and growth, despite slight fluctuations in some areas....
https://knews.kathimerini.com.cy/en/news/eu-s-renewable-energy-progress-in-transport-outpaces-cyprus
According to recent data from Eurostat, the EU saw an increase in the share of renewable energy in transport in 2023 compared to 2022, while Cyprus's share remained largely unchanged....
https://knews.kathimerini.com.cy/en/news/no-relief-in-sight-as-electricity-prices-to-remain-high-until-2027
Electricity prices in Cyprus are expected to remain elevated for the next two years, according to the chairman of the EAC....
https://knews.kathimerini.com.cy/en/news/cyprus-unemployment-drops-10-6-in-a-year
The number of unemployed people in Cyprus saw a significant drop in January 2025, with official figures showing a 10.6% decrease compared to the same time last year....
https://knews.kathimerini.com.cy/en/news/1-over-6-400-earthquakes-shake-santorini-sparking-mass-exodus
Santorini, one of Greece’s most beloved tourist destinations, has been left eerily quiet. The usually bustling island, famous for its stunning caldera views and whitewashed houses, has emptied as thousands of residents, workers, and visitors flee a relentless earthquake swarm shaking the region....
https://knews.kathimerini.com.cy/en/business/cyprus-ended-2024-with-a-banking-boom-as-loans-and-deposits-surged
Cyprus closed out 2024 with a surge in banking activity, as both loans and deposits saw substantial increases, according to the latest data from the Central Bank of Cyprus (CBC). ...
https://knews.kathimerini.com.cy/en/business/new-lending-boosted-by-interest-rates-and-government-plans
A favorable landscape for Cypriot borrowers is taking shape in 2025, laying the groundwork for a strong year in new lending....
https://knews.kathimerini.com.cy/en/news/important-changes-coming-to-ghs-medicine-prices
The Health Insurance Organisation (HIO) has announced adjustments to the cost of medications provided through the General Healthcare System (GHS), with changes set to take effect on February 3....
https://knews.kathimerini.com.cy/en/news/over-69-000-migrants-arrive-in-east-med-as-cyprus-faces-rising-numbers
In 2024, Cyprus found itself in a challenging situation as one of the two EU regions where irregular arrivals of migrants and refugees actually increased, according to new data from Frontex, the European Border and Coast Guard Agency....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-see-€1-billion-in-profits-as-npl-s-decline-in-2024
Cypriot banks reported impressive financial growth in the first nine months of 2024, with total profits reaching €952.5 million after taxes, a sharp rise from €602.92 million by mid-year.
...
https://knews.kathimerini.com.cy/en/news/10-000-migrant-departures-in-2024-asylum-applications-drop-41
Cyprus has seen a significant reduction in asylum applications and migrant arrivals in 2024, according to Deputy Minister for Migration and International Protection, Nicolas Ioannides. ...
https://knews.kathimerini.com.cy/en/business/president-s-banking-measures-spark-surge-in-first-home-loans
President Nikos Christodoulides' efforts to support citizens through new banking measures are beginning to yield results. Meetings held in December with the CEOs of Cyprus’ two major banks, Bank of Cyprus (BoC) and Hellenic Bank (HB), appear to have sparked a tangible interest in first-home mortgage schemes....
https://knews.kathimerini.com.cy/en/business/december-newsletter-of-k-treppides-co-ltd-27-12-2024
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/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/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/1-half-of-citizens-and-businesses-targeted-by-cybercriminals-in-2024
In a startling revelation, a recent survey by the Digital Security Authority has found that one in two people in Cyprus fell victim to a cyber attack in 2024....
https://knews.kathimerini.com.cy/en/news/potato-prices-skyrocket-sparking-long-lines-in-occupied-areas
Potatoes have become the talk of the town in Cyprus, but not for the usual reasons. ...
https://knews.kathimerini.com.cy/en/business/business-loans-on-the-rise-in-cyprus-but-consumer-borrowing-takes-a-hit
Cyprus experienced a rise in net new loans in October, driven primarily by businesses borrowing more, especially for amounts exceeding €1 million. ...
https://knews.kathimerini.com.cy/en/business/cybersecurity-and-ict-risks-emerge-as-leading-drivers-of-operational-risk
Geopolitical tensions have significantly increased operational risks, particularly in the areas of cyber and digital threats, as well as risks related to money laundering and sanctions compliance....
https://knews.kathimerini.com.cy/en/news/barometric-low-bora-to-impact-region-in-weakened-form
The barometric low ''BORA'' is expected to affect the region from late tonight in a weakened form....
