https://knews.kathimerini.com.cy/en/business/ft-loose-parts-detected-on-grounded-737-max-jets
United Airlines and Alaska Airlines have uncovered loose parts on some grounded Boeing 737 Max aircraft, escalating concerns for the aerospace giant following a recent mid-air incident. ...
https://knews.kathimerini.com.cy/en/news/1-rain-and-snow-on-the-horizon
Today, a low-pressure system is making its presence known in the area. Initially, locally increased cloud cover is anticipated to bring isolated showers, mainly in the west, mountainous, and southern coastal areas....
https://knews.kathimerini.com.cy/en/business/79-jump-in-consumer-complaints-this-year
In a substantial leap from 2022, the Cyprus Consumer Association reports a noteworthy spike in four complaint categories in 2023....
https://knews.kathimerini.com.cy/en/news/far-right-and-conservatives-gain-momentum-in-europe
The far-right and conservative parties are gaining strength across Europe, while the possibility of reaching up to 29% of the seats in the European Parliament is visible, explains to "K" Tobias Gerhard Schminke, founder of the platform for collecting electoral data Europe Elects....
https://knews.kathimerini.com.cy/en/news/spotty-rain-returns-to-the-scene
A weak low-pressure system is dominating the area, with a low-pressure center over the Italian peninsula moving eastward, set to impact us mainly from tomorrow afternoon onwards....
https://knews.kathimerini.com.cy/en/news/cdc-reports-rapid-spread-of-jn-1-subvariant-now-dominant-in-the-us
The JN.1 subvariant of COVID-19 has swiftly become the predominant strain in the United States, leading to a surge in new cases, according to the US Centers for Disease Control and Prevention (CDC)....
https://knews.kathimerini.com.cy/en/news/halloumi-exports-drop-by-10-amid-ongoing-dairy-industry-crisis
With a request to lift the decree 332/2023 of October 20th, for an increase in the percentage of goat-sheep milk to 19%, the cheesemakers are going to the Presidential Palace......
https://knews.kathimerini.com.cy/en/business/cyprus-grapples-with-lingering-private-debt-woes
In Cyprus, the European Commission consistently highlights the significant economic challenge of private debt through regular post-program or post-memorandum reports....
https://knews.kathimerini.com.cy/en/news/surge-in-syrian-asylum-seekers-amid-drop-in-african-arrivals
The Ministry of Interior disclosed an uptick in asylum applications from Syrians, predominantly arriving by sea, citing challenges in managing these individuals due to the perilous conditions in their home country. ...
https://knews.kathimerini.com.cy/en/news/how-much-will-christmas-dinner-cost-this-year
The Pancyprian Consumers Association has conducted a comprehensive survey, uncovering the estimated costs of Christmas tables for families in Nicosia....
https://knews.kathimerini.com.cy/en/news/half-of-cyprus-loans-vulnerable-to-euribor-and-ecb-rates
Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-expands-diplomatic-footprint-bolsters-migration-management-efforts
President Nicos Christodoulides, leading the Council of Ministers at the Presidential Palace, announced significant developments in Cyprus' foreign policy and measures taken to address migration challenges....
https://knews.kathimerini.com.cy/en/news/clear-skies-and-thunderstorms-looming-on-horizon
In a weather update for the island, today promises clear skies and temperatures ranging from 0 degrees on the coast to 10 degrees in the higher mountains. ...
https://knews.kathimerini.com.cy/en/news/one-to-three-star-hotels-dominate-greece-s-accommodations
Three in four Greek hotels belong in lower categories of one to three stars, representing 50% of the country’s total capacity in terms of rooms, according to data from the Institute of Tourism Research and Forecasts (ITEP) of the Hellenic Chamber of Hotels....
https://knews.kathimerini.com.cy/en/news/non-performing-loans-take-a-€95m-dive
As of the end of September 2023, the total Non-Performing Loans (NPLs) in the banking system of Cyprus further decreased to €2.02 billion compared to €2.08 billion at the end of August.
...
https://knews.kathimerini.com.cy/en/news/cypriot-bonds-hold-firm-at-€6-75-billion-amid-ecb-moves
As of the end of November, data from the Cypriot Central Bank reveals that the Eurosystem maintained its holdings of Cypriot bonds valued at €6.75 billion...
https://knews.kathimerini.com.cy/en/news/government-employment-hits-record-high
In ongoing discussions about new hires and the 2024 budget in Parliament, the focus is on the remarkable increase in government employment, surpassing levels from 2012....
https://knews.kathimerini.com.cy/en/news/15-7-spike-in-building-permit-values
Despite the drop of total number of building permits during the first nine months of 2023, compared to the same period of 2022, their total value recorded an increase of 15.7%, and their volume went up by 2.9%....
https://knews.kathimerini.com.cy/en/news/hailstorm-hits-nicosia—caught-on-camera
Since Wednesday afternoon, Nicosia district has witnessed an unexpected turn in the weather, with heavy hail creating quite a spectacle....
https://knews.kathimerini.com.cy/en/business/ktrends-survey-reveals-public-dissatisfaction-with-cyprus-government
In a recent economic survey conducted by ''Kathimerini,'' the fifth wave of ''Ktrends'' highlights notable trends in economic, household, and market dynamics for October 2023. ...
https://knews.kathimerini.com.cy/en/news/cyprus-records-remarkable-6-7-jump-in-industrial-index
The latest data from the Industrial Turnover Index for September 2023 show an annual increase of 0.6%, reaching 206.6 units (base 2015=100), compared to the figures recorded in September 2022....
https://knews.kathimerini.com.cy/en/business/cyprus-reports-significant-drop-in-joblessness
The latest data released by the District Labour Offices indicate a notable decline in registered unemployment rates for November 2023, both on a monthly and on a yearly basis....
https://knews.kathimerini.com.cy/en/news/mortgage-rates-soar-to-4-91-deposits-decline-in-october-2023
Mortgage interest rates in Cyprus climbed to 4.91% in October 2023, according to data released by the Central Bank of Cyprus in its November 2023 edition of Monetary and Financial Statistics....
https://knews.kathimerini.com.cy/en/business/electricity-bills-to-drop-by-12-starting-november-1
In a recent announcement, consumers in Cyprus can expect a 12% reduction in their electricity bills starting November 1. ...
https://knews.kathimerini.com.cy/en/news/cyprus-tops-europe-in-alarming-antibiotic-use
Cyprus has the dubious honor of being the top consumer of antibiotics in Europe, resulting in its ranking among countries with the highest resistance rates....
https://knews.kathimerini.com.cy/en/news/no-plans-to-cut-interest-rates-amid-inflation-worries
The perspective advocated by many young individuals, endorsing a declaration of victory over inflation, is articulated by Dr. Jensen, the president of the German Bundesbank....
https://knews.kathimerini.com.cy/en/business/dac6-revisited-through-the-prism-of-dac8
The Directive on Administration Cooperation (''DAC'') has been amended multiple times since 2011 to allow for the automatic exchange of information across multiple fields of taxation....
https://knews.kathimerini.com.cy/en/news/declines-in-kerosene-and-heating-gasoil-offset-by-surges-in-aviation-fuel-sales
Sales of Cyprus’ petroleum products recorded a 1.3% decline in October 2023, totaling 130,677 tonnes, marking a downturn compared to the same month in 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-robust-11-8-surge-in-household-spending-defies-eu-norms
In 2022, Cyprus experienced a notable 11.8% increase in household final consumption expenditure compared to the previous year, surpassing the EU's overall growth of 4.7%, as reported by Eurostat. ...
https://knews.kathimerini.com.cy/en/news/cyprus-sees-drop-in-savings-to-6-5-eurostat-highlights
Saving rates were significantly lower than in 2021 (13.47 in Cyprus, 16.4% in the EU), and closer to the values before COVID-19 pandemic (5.8% in Cyprus and 12.3% in the EU in 2019)....
