https://knews.kathimerini.com.cy/en/news/cloudy-skies-and-showers-expected
Hold onto your umbrellas, Cyprus! Cloudy weather with a chance of showers is on the horizon for Tuesday, as reported by the Meteorological Service.
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https://knews.kathimerini.com.cy/en/news/cyprus-trade-deficit-soars-to-€8-57-billion-in-2023
Cyprus' trade deficit for 2023 reached €8.57 billion, marking an 18% increase from the previous year's €7.26 billion, according to provisional data released by the Statistical Service of Cyprus (CyStat)....
https://knews.kathimerini.com.cy/en/news/high-pressure-brings-temporarily-shifting-skies
Cyprus residents should prepare for temporary weather changes as high pressure influences the region, gradually giving way to low pressure starting Tuesday....
https://knews.kathimerini.com.cy/en/news/health-officials-warn-of-rising-strep-infections-–-what-you-need-to-know
In response to the increasing cases of Group A Streptococcus, the Medical and Public Health Services of the Ministry of Health have issued a public advisory outlining crucial information about the bacteria and the necessary protective measures....
https://knews.kathimerini.com.cy/en/news/housing-costs-rise-apartments-jump-11-1-in-2024
House and apartment rents went up 8% and 11.1%, respectively, over the year in the fourth quarter of 2024, according to the Ask Wire Index. At the same period, house and apartment values rose 3% and 8.8% respectively over the year....
https://knews.kathimerini.com.cy/en/news/minister-highlights-smallest-resident-population-at-pournara
The outlook for Cyprus in relation to migration is positive, as in 2023 a 46% reduction in irregular migrant applications and a 66% increase in returns have been achieved, Interior Minister Konstantinos Ioannou said on Wednesday....
https://knews.kathimerini.com.cy/en/news/energy-minister-deliberates-potential-6-electricity-bill-increases
The Energy Minister, George Papanastasiou, addressed concerns about potential electricity bill hikes arising from the EAC's request to CERA to recover 6% of its 2024 expenses....
https://knews.kathimerini.com.cy/en/news/1-cyprus-grapples-with-impending-price-increases-in-appliances
Another category of products faces potential price hikes, with household appliances such as refrigerators, washing machines, and televisions expected to experience increases in the near future. ...
https://knews.kathimerini.com.cy/en/news/sunny-skies-ahead-with-a-chance-of-clouds
Today, the weather across the region is expected to be mainly sunny. ...
https://knews.kathimerini.com.cy/en/news/consumer-alerts-raised-over-potential-fuel-price-hikes
Konstantinos Karagiorgis, Director of the Consumer Protection Service, emphasized the importance of factual justification for price increases during an interview with CNA....
https://knews.kathimerini.com.cy/en/news/rain-showers-in-mountainous-areas
Isolated rain showers are forecasted primarily in western and mountainous regions today, Monday, gradually clearing by afternoon, as per the Cyprus Meteorological Service. ...
https://knews.kathimerini.com.cy/en/news/interest-rates-extended-borrowers-face-dilemma
Last Thursday, the European Central Bank (ECB) opted to maintain interest rates, extending the uncertainty for borrowers regarding their loans and repayments....
https://knews.kathimerini.com.cy/en/news/cyprus-ports-report-20-drop-in-cargo-blamed-on-suez-canal-crisis
The recent events concerning the crisis in the Gulf of Aden and the Suez Canal have resulted in losses for the Republic of Cyprus of around 20%, said the President of the Cyprus Ports Authority, Dr. Antonis Stylianou....
https://knews.kathimerini.com.cy/en/business/deal-in-the-works-for-cnp-cyprus
The subsidiary of the French insurance giant CNP Assurances, CNP Cyprus Insurance Holdings, is currently in discussions for a potential change in ownership. ...
https://knews.kathimerini.com.cy/en/news/mild-conditions-prevail-with-chance-of-showers
Today's weather forecast suggests partly cloudy skies, with isolated showers possible in the afternoon. Winds will be light to moderate, mainly from the southwest to northwest....
https://knews.kathimerini.com.cy/en/news/nicosia-ranks-17th-in-european-quality-of-life-–-beats-athens-at-27th
A recent survey by the European Commission reveals that Nicosia residents are overwhelmingly satisfied with their quality of life, with 86% expressing contentment.
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https://knews.kathimerini.com.cy/en/news/€500-for-parking-in-a-handicap-zone
In response to a significant reduction in illegal parking in disabled areas following a prior extrajudicial fine increase, the Transport Committee is considering another proposal by MEP Andreas Apostolou to further raise the fine from €300 to €500....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-2-91-surge-in-construction-material-prices
In 2023, the Construction Materials Price Index saw a 2.91% increase compared to 2022 in Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-ranks-fourth-in-eu-for-cars-per-capita-exceeding-average
In 2022, Cyprus ranked as the country with the fourth-highest number of passenger cars per population, boasting 658 cars per 1000 inhabitants, significantly surpassing the EU average of 560 vehicles per 1000 inhabitants, according to Eurostat, the statistical service of the European Union....
https://knews.kathimerini.com.cy/en/news/showers-dance-in-fog-steps-out
Today, as the local thin fog and low clouds dissipate, expect intermittent clouds with the possibility of isolated showers in the afternoon, mainly in the mountains and inland areas....
https://knews.kathimerini.com.cy/en/business/anticipated-20-surge-in-orange-prices
Consumers are set to face a 20% surge in the price of oranges on supermarket shelves in the near future....
https://knews.kathimerini.com.cy/en/news/economic-snapshot-3-9-rise-in-consumer-prices
The Harmonized Index of Consumer Prices showed a 1.9% increase in December 2023 compared to the same month in 2022, but experienced a 1.2% decrease compared to the previous month....
https://knews.kathimerini.com.cy/en/news/cyprus-witnesses-356-bounced-cheques-yet-a-€1-7m-surge
In a recent disclosure, the Cyprus Central Bank unveiled a decrease in the issuance of uncovered checks during 2023, reporting a total of 356 compared to the previous year's 473.
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https://knews.kathimerini.com.cy/en/news/1-cyprus-dominates-eu-exports-in-november
Cyprus recorded the highest annual increase in exports among the member states of the EU in November 2023 compared to November 2022......
https://knews.kathimerini.com.cy/en/news/central-bank-chief-cautions-on-early-rate-cuts-amid-global-tensions
Central Bank Governor and European Central Bank (ECB) member Constantinos Herodotou stated that discussions regarding interest rate reductions are premature, given ongoing geopolitical conflicts and potential disruptions in the supply chain arising from tensions in the Red Sea....
https://knews.kathimerini.com.cy/en/news/ceo-predicts-price-drops-for-homes-over-500k-euros
In the latest property data, the real estate landscape in Cyprus paints a picture of continuous growth, particularly in the apartment sector. However, a closer look reveals a potential plateau in the high-end market, specifically for properties priced at 500 thousand euros and above....
https://knews.kathimerini.com.cy/en/news/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview
Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....
https://knews.kathimerini.com.cy/en/news/usa-detroit-unveils-groundbreaking-electric-charging-road
Detroit has reportedly unveiled new technology beneath its streets after a year of waiting, with electric vehicles able to get a boost that could ultimately make range anxiety a thing of the past....
https://knews.kathimerini.com.cy/en/business/home-building-costs-up-by-20-insights-for-buyers
Geopolitical developments, marked by conflicts in Ukraine and Gaza, have led to a notable surge in house prices, revealing a 20% increase in construction costs since 2019,...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-widening-trade-gap-as-imports-surge-in-2023
Cyprus bought more goods from other countries than it sold to them by nearly €8 billion from January to November 2023. That's up by about €962 million compared to the same time frame in 2022, according to new data from Cyprus' statistics office....
