https://knews.kathimerini.com.cy/en/business/construction-materials-up-by-5-78
An annual increase of 5.78% was recorded in the Price Index of Construction Materials for the period January-June 2023, compared to the same period in 2022, according to data published by the Cyprus Statistical Service on Tuesday....
https://knews.kathimerini.com.cy/en/news/tourism-to-drop-by-10-in-the-mediterranean
According to tourism agencies and experts, the high summer temperatures in Southern Europe could permanently change tourist habits, with more travelers choosing more relaxed destinations or taking their vacations in spring or autumn to avoid excessive heat.
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https://knews.kathimerini.com.cy/en/business/fitch
Fitch Ratings released a new report on Monday stating that the credit profiles of Greek and Cypriot banks have significantly improved over the past year due to de-risking and restructuring....
https://knews.kathimerini.com.cy/en/news/high-temperatures-expected-across-the-region
The Meteorological Service has issued a yellow warning for an upcoming heatwave, as high temperatures are set to sweep across the region. The sign, which occurred yesterday evening, highlights the potential risks associated with the scorching weather conditions....
https://knews.kathimerini.com.cy/en/news/orange-warning-kleon-s-heatwave-crisis-escalates
Heatwave "Kleon" intensifies in the Central Mediterranean, causing scorching temperatures in recent days....
https://knews.kathimerini.com.cy/en/news/hot-and-dry-weather-sparks-concerns
Meteorologists have issued an orange warning for high temperatures in the area, as a weak low-pressure system combines with warm and relatively dry air masses....
https://knews.kathimerini.com.cy/en/news/high-temperature-warning-issued-by-met-office
The Met Office has issued an orange warning for high temperatures in the region. According to the statement, the minimum temperature in the interior, west, and southern coasts is not expected to drop below 25 degrees Celsius,...
https://knews.kathimerini.com.cy/en/news/cyprus-population-reverses-decline-shows-growth
The population of the European Union has increased again after two years of decrease according to data published by Eurostat, the statistical service of the EU, on the occasion of World Population Day.
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https://knews.kathimerini.com.cy/en/news/loan-demand-in-cyprus-falls-interest-rates-rise
The Cypriot banking institutions are holding a small basket for demand in new loans....
https://knews.kathimerini.com.cy/en/news/sunny-skies-dominate-today-s-weather-forecast
A seasonal low-pressure system is set to influence the weather conditions in the region, while the synoptic system "Kleon" is expected to bring a combination of high pressure and warm air mass, further affecting the area starting from Thursday....
https://knews.kathimerini.com.cy/en/news/vehicle-registrations-soar-by-24-4-in-first-half-of-2023
A significant increase of 24.4% was recorded in vehicle registrations in the first half of 2023, compared to the same period in 2022, while an increase of 22.4% was recorded in June 2023, compared to the same month last year....
https://knews.kathimerini.com.cy/en/business/inflation-drops-but-food-prices-soar
According to Marios Droussiotis, the president of the Cyprus Consumers Association, inflation is decreasing, but food prices remain excessively high. In an interview with K, he explained that although the overall inflation rate in Cyprus is 1.9%, the prices of food items have increased by 9.8%....
https://knews.kathimerini.com.cy/en/business/cyprus-sees-decrease-in-bounced-checks
A total of 35 dishonoured cheques, with a total value of €67,609, were issued in June 2023, while 16 persons (10 legal and 6 natural) were recorded in the preliminary list of the Central Information Register (CIR) for dishonoured cheques, maintained by the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/news/fuel-prices-plummet-while-food-costs-soar
Liquid fuels experienced the most significant annual percentage decline in June, dropping by 27.2%. Contributing to a 1.9% inflation squeeze, the lowest point in 25 months, was a 25.6% annual decline in oil prices....
https://knews.kathimerini.com.cy/en/news/asylum-seeker-trends-declining-numbers-and-shifting-origins
According to data obtained by "K" from the Asylum Service of the Ministry of Interior, the top five countries of origin for asylum seekers and the number of applications received in June 2023 are as follows:...
https://knews.kathimerini.com.cy/en/news/variable-weather-and-isolated-showers
Today, the local sparse fog and low clouds are dissipating, giving way to mainly clear weather. ...
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-at-1-9
Inflation in Cyprus reached its lowest level in 25 months in June 2023 and stood at 1.9% on an annual basis, mainly due to the decline in food prices....
https://knews.kathimerini.com.cy/en/news/cyprus-house-prices-on-the-rise-hpi-increases-5-9
House Price Index (HPI) recorded a 5.9% increase for the first quarter of 2023, marking its fifth consecutive quarterly growth compared to the same period in 2022, according to a preliminary estimate by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/business/unemployment-reaches-17-month-low
Recent data, adjusted for seasonal variations, reveals that the number of registered unemployed individuals in June 2023 has hit its lowest level in the past 17 months....
https://knews.kathimerini.com.cy/en/news/varied-weather-conditions-ahead
Today, expect mostly sunny skies throughout the region, with a possibility of localized cloudiness intensifying over the mountainous areas during the afternoon. ...
https://knews.kathimerini.com.cy/en/news/gasoline-and-diesel-prices-expected-to-drop
Reductions of up to 3 cents are expected to be observed in the retail prices of unleaded gasoline (95 octanes) and diesel fuel in the coming days, according to the Director of Consumer Protection Service at the Ministry of Energy, Commerce, and Industry, Konstantinos Karagiorgis, as reported by the Cyprus News Agency (CNA)....
https://knews.kathimerini.com.cy/en/news/double-impact-on-gas-station-owners
Citizens are in turmoil following the termination of reduced special consumption tax rates on transportation and heating fuels, which resulted in increases of 8.32 cents in gasoline and diesel, and 6.83 cents in heating fuels.
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https://knews.kathimerini.com.cy/en/news/clear-skies-chance-of-showers-in-mountains
In the latest weather forecast, Monday, 07/03, is expected to bring mainly clear skies with a chance of isolated showers in the mountains during the afternoon....
https://knews.kathimerini.com.cy/en/news/profit-distribution-for-players-in-classes-a-and-b-increased-by-22
Total gross revenue (pay-in) from class A and class B bookmakers amounted to 267.6 million in the first quarter of 2023 marking an increase of 21% compared with the respective quarter of last year, National Betting Authority (NBA) has said....
https://knews.kathimerini.com.cy/en/news/cyprus-struggles-to-reduce-landfill-waste-falling-behind-targets
Cyprus is facing significant challenges in meeting its municipal waste management and recycling targets, prompting concerns from the European Commission, according to a report on Philenews....
https://knews.kathimerini.com.cy/en/news/weak-seasonal-low-pressure-impacts-area
Today's weather forecast indicates a predominantly clear day, although sporadic patches of clouds may appear throughout the region....
https://knews.kathimerini.com.cy/en/news/clear-skies-moderate-winds-and-above-average-temperatures
Today's weather will be predominantly clear, although there may be some localized low clouds initially. Winds will be coming from the southwest to northwest, ...
https://knews.kathimerini.com.cy/en/news/mps-move-forward-with-divestment-changes
MPs are displaying a resolute determination to press ahead with crucial changes to the divestment framework before the parliamentary summer recess....
https://knews.kathimerini.com.cy/en/news/total-loans-increase-by-€71-million-reaching-€24-4-billion
Non-performing loans decreased by €105 million end of March 2023, compared to the end of December 2022, reaching €2.2 billion, according to data published by the Central Bank of Cyprus on Tuesday. ...
https://knews.kathimerini.com.cy/en/news/tourist-arrivals-soar-as-may-2023-records-impressive-33-3-surge
The arrivals of tourists reached 420,076 in May 2023 compared to 315,018 in May 2022, recording an increase of 33.3%, according to data published by the Cyprus Statistical Service on Tuesday....
