https://knews.kathimerini.com.cy/en/news/cypriot-bonds-dive-as-ecb-battles-inflation-surge
The value of Cypriot bonds held by the Eurosystem has dipped below €7 billion as the European Central Bank takes measures to combat inflation. ...
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/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/comment/opinion/cyprus-real-estate-market-hits-€132-million-high
August passed by as usual with most people on vacation, including the real estate market. Let's take a look at how the month fared for coastal cities, with no surprises for Nicosia, which was also in vacation mode. Notably, Larnaca had an outstanding performance, surpassing Nicosia for the first time....
https://knews.kathimerini.com.cy/en/news/cyprus-records-36-bounced-cheques-totaling-€78-108-in-august
A total of 36 bounced cheques, worth €78,108, were issued in August 2023, with 23 persons (7 legal entities and 16 natural persons) 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/cyprus-among-worst-in-eu-for-keeping-homes-warm
Cyprus was the country with the second largest share of population declaring that they could not afford keeping their home adequately warm in 2022, according to data released by Eurostat, the statistical service of the EU....
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/in-a-historic-first-asylum-applications-drop-by-51
Interior Minister Konstantinos Ioannou announced today that, for the first time in Cyprus' immigrant history, there has been a shift in the balance between migrant arrivals and departures....
https://knews.kathimerini.com.cy/en/news/unemployment-drops-in-august-2023
The number of registered unemployed persons decreased in August 2023, both on an annual and monthly basis, according to data released on Tuesday by the Statistical Service of Cyprus....
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/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/can-sexual-education-truly-safeguard-cyprus-youth
With a small yet significant change in our education system, the new school year is commencing....
https://knews.kathimerini.com.cy/en/news/food-costs-soar-greens-up-25-3-fish-dip-by-15
Increases were noted in 32 out of 45 categories of essential consumer products in the Consumer Product Price Monitor for July 2023, according to the Consumer Protection Service....
https://knews.kathimerini.com.cy/en/news/fuel-tax-cut-to-aid-low-incomes
The association called "Equality" is requesting a reduction in fuel taxes through a letter addressed to the Minister of Finance, Makis Keravnos....
https://knews.kathimerini.com.cy/en/news/thermometer-set-to-hit-40°c
In a recent announcement, the Meteorological Service has issued a new warning regarding high temperatures. ...
https://knews.kathimerini.com.cy/en/news/extreme-heat-expected
The Meteorological Department has issued a yellow warning for the upcoming weather conditions, forecasting an intense heatwave set to affect the region. ...
https://knews.kathimerini.com.cy/en/news/39-reduction-in-fatal-traffic-collisions-over-1-5-years-police-say
Deputy Police Officer B and Assistant Director of the Traffic Police Headquarters Department, Harry Evripidou, has unveiled a remarkable achievement in Cyprus' road safety landscape....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-deceleration-amid-inflation-and-rising-rates
Cyprus' economy experienced a slowdown in the second quarter of 2023, prompting inquiries about the situation. According to the preliminary estimate provided by the Statistical Service, ...
https://knews.kathimerini.com.cy/en/business/sweet-success-as-cyprus-ice-cream-exports-trend-upward
Ice cream exports from Cyprus to non-EU countries have been increasing in the past four years, but remained far from quantities exported in previous years, while at the same time, imports from non-EU countries have been reducing, according to data released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/migrant-and-refugee-border-crossings-down-29
The number of detections of irregular border crossings by migrants and refugees at EU’s external borders declined by 29% in the first seven months of 2023 compared to the same period last year, according to preliminary calculations published by Frontex....
https://knews.kathimerini.com.cy/en/comment/opinion/tourism-s-dynamic-future-adapting-to-change-from-within
It's something we've heard many times from tourism authorities, that 2019 should no longer be used as a point of reference for tourism....
https://knews.kathimerini.com.cy/en/news/downward-spiral-continues-in-gov-t-employment-as-casual-staff-numbers-rise
Government employment trends continued their downward trajectory in July, impacting all categories of permanent personnel. Concurrently, there has been an uptick in the recruitment of casual staff....
https://knews.kathimerini.com.cy/en/business/cyprus-spends-more-on-imports-trade-gap-widens
The trade deficit in the first half of 2023 increased by approximately €574 million compared to the same period last year, even though imports significantly dropped in May and June of 2023 when compared to 2022....
https://knews.kathimerini.com.cy/en/business/boc-reports-€220-million-profit-for-first-half-of-2023
Bank of Cyprus Group has reported a robust profit after tax of €220 million for the first half of 2023, a significant leap from the €43 million recorded in the same period of 2022. Notably, €125 million of these profits were achieved in the second quarter of 2023....
https://knews.kathimerini.com.cy/en/business/cbc-bounced-checks-decline-continue-to-decline
A total of 36 bounced checks, amounting to €112,717, were issued in July 2023. These checks involve 18 entities, consisting of 11 legal entities and 7 individuals. ...
https://knews.kathimerini.com.cy/en/news/cyprus-sees-population-surge-9-9-growth-in-a-decade
Cyprus' population recorded an increase of 9.9% in the period between 2011 and 2021, according to the preliminary results of the Census of Population and Housing 2021, published by the Statistical Service on Friday....
https://knews.kathimerini.com.cy/en/news/smartphones-out-learning-in
According to a recent UN report, smartphones should be prohibited in schools worldwide as a measure to address student distraction, enhance learning outcomes, and safeguard children from online bullying....
https://knews.kathimerini.com.cy/en/business/pfizer-s-value-sinks-$144b-on-covid-changes
Pfizer has lost $88billion in market share and $144billion in value since its market peak in just one year as the drugmaker suffers a major hangover from the success of its COVID vaccine....
https://knews.kathimerini.com.cy/en/news/cyprus-industrial-prices-up-0-1-in-june
In June 2023, industrial producer prices in Cyprus increased by 0.1% compared with May 2023, while decreasing by 0.4% in both the eurozone and the EU, according to estimates from Eurostat, the statistical office of the EU....
https://knews.kathimerini.com.cy/en/news/unemployment-sees-significant-drop-down-by-6-8-in-july-2023
The unemployed persons, registered at the District Labour Offices on the last day of July 2023, reached 13,187 persons, with their number decreasing by 958 persons or 6.8%, compared to July 2022, according to data published by the Statistical Service of Cyprus on Thursday....
