https://knews.kathimerini.com.cy/en/comment/opinion/are-we-in-a-real-estate-bubble
The real estate market has been steadily rising since 2015, marking the ninth consecutive year of growth in the sector. However, this broad trend has not been without fluctuations, particularly influenced by the economic disruptions of the pandemic era. Monthly analyses of transaction numbers and volumes from this platform illustrate these ups and downs....
https://knews.kathimerini.com.cy/en/news/armed-convoy-of-800-fighters-from-paphos-to-nicosia-marred-by-tragedy
In recent months, a freshly painted bus from another era has been placed in a shelter near the roundabout at the Paphos General Hospital....
https://knews.kathimerini.com.cy/en/news/former-security-guard-accused-of-stealing-michael-schumacher-s-medical-files
A former security guard for Michael Schumacher’s family has been arrested for allegedly stealing 1,500 medical files from the Schumacher home in Germany. The files include private information stored on two hard drives, which the family insists should not be made public....
https://knews.kathimerini.com.cy/en/news/rare-tornado-touches-down-in-nicosia
In a rare weather event, a tornado touched down in the Nicosia province, specifically in the Mammari area, as confirmed by several citizen videos posted on the ''Kairophiles Cyprus'' page. ...
https://knews.kathimerini.com.cy/en/news/cyprus-advances-road-safety-with-intelligent-transport-systems
In a bid to modernize its main road network and bolster transport safety, Cyprus is rolling out state-of-the-art intelligent transport systems (ITS) across key routes. ...
https://knews.kathimerini.com.cy/en/news/cyprus-exports-decline-sharply-while-imports-see-a-modest-rise
Cyprus saw its trade deficit grow in May 2024, largely due to a significant drop in exports and a slight increase in imports, according to recent data from the Cyprus Statistical Service. The trade deficit for May 2024 was €693.4 million, up from €578.2 million in May 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-sets-course-for-cheaper-electricity-in-2025
Energy, Commerce, and Industry Minister George Papanastasiou unveiled Cyprus' ambitious plans for the Electricity Authority of Cyprus (EAC) during a press conference in Nicosia on Tuesday. ...
https://knews.kathimerini.com.cy/en/news/cyprus-300-fintech-firms-boost-economy-says-georgoulas
The Economist's 28th Annual Government Roundtable concluded with great success in Greece, running from July 2-4....
https://knews.kathimerini.com.cy/en/news/young-women-look-decades-older-due-to-early-botox-use
Recent Love Island contestants Nicole Samuel, Jess White, and Harriet Blackmore have ignited discussions about the impact of cosmetic procedures on young women's appearances....
https://knews.kathimerini.com.cy/en/news/wolt-welcomes-historic-collective-agreement-for-delivery-drivers
Wolt has welcomed the first-ever collective agreement in the fleet management sector, marking a major step forward for the industry. This agreement, reached through the joint efforts of the Ministry of Labour, fleet management companies, and unions, is set to benefit delivery drivers, businesses, and consumers....
https://knews.kathimerini.com.cy/en/news/green-line-trade-and-crossings-surge-irregular-migration-declines
Trade and personal crossings across the Green Line in Cyprus saw significant increases in 2023, while irregular migration dropped by more than 50%, according to the annual European Commission report on the implementation of the Green Line Regulation published Thursday....
https://knews.kathimerini.com.cy/en/news/skip-transporters-plan-mid-july-protest-over-illegal-dumping
Skip transport professionals are organizing a protest for mid-July, accusing the government of failing to supervise and stop illegal rubble transport and dumping, which harms licensed operators and the environment according to a report by Pavlos Neophytos....
https://knews.kathimerini.com.cy/en/news/younger-tourists-are-choosing-cyprus-in-the-winter
In a bid to extend Cyprus's tourism season, a recent survey commissioned by Hermes Airports highlights promising opportunities for bolstering winter tourism, according to a report by Pavlos Neophytos....
https://knews.kathimerini.com.cy/en/news/nicosia-police-collects-over-€100-000-in-fines
In a recent enforcement drive spearheaded by the Nicosia Police Directorate on Tuesday, authorities announced the execution of 209 fine warrants, resulting in the collection of €101,582.56. ...
https://knews.kathimerini.com.cy/en/news/execution-style-murder-of-civil-engineer-linked-to-mykonos-activities
Police are intensifying their investigation into the murder of 54-year-old civil engineer Panagiotis Stathis, who was fatally shot on Tuesday morning outside his company's offices in Psychiko, a northern suburb of Athens....
https://knews.kathimerini.com.cy/en/news/fitch-elevates-hellenic-bank-s-credit-rating
Fitch Ratings has upgraded Hellenic Bank's Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+', with stable outlook and its Viability Rating (VR) to 'bbb-' from 'bb+'.
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https://knews.kathimerini.com.cy/en/news/eu-funds-drive-cyprus-organic-plant-production-with-€5-2m
The Cyprus Agricultural Payments Organization (CAPO) has disbursed over 5 million euros to beneficiaries under Action A.A. 1.4 - Organic Plant Production of Cyprus' Strategic CAP Plan for the 2023-2027 programming period....
https://knews.kathimerini.com.cy/en/news/is-larnaca-the-new-limassol
Larnaca is dynamically emerging as a key player in investments and major developments, making significant strides in recent years and capturing a new image....
https://knews.kathimerini.com.cy/en/news/president-launches-cultural-drive-ahead-of-2026-eu-presidency
''We must do much more for our culture", the President of the Republic, Nikos Christodoulides said, inaugurating, in Platres, in Limassol District......
https://knews.kathimerini.com.cy/en/news/ministry-maintains-€300-fine-for-running-red-lights
On Thursday, the Minister of Transport, Communications, and Works, Alexis Vafeadis, was briefed on various legislative proposals submitted by parliamentarians....
https://knews.kathimerini.com.cy/en/comment/opinion/rentals-rise-as-home-ownership-trends-change
Around 20-25 years ago, Cyprus was renowned for having one of the highest rates of home ownership globally, with figures nearly reaching 78% - 80%, as per the data available then....
https://knews.kathimerini.com.cy/en/news/breaking-news-goat-escapes-jams-larnaca-nicosia-motorway
In a classic case of ''who let the goat out,'' drivers on the Larnaca-Nicosia motorway faced an unexpected challenge Thursday morning (27/6) when a rogue goat decided to join the morning commute. ...
https://knews.kathimerini.com.cy/en/news/suspect-forces-victim-to-withdraw-cash-at-knifepoint-in-ayia-napa
Authorities in Famagusta are intensifying efforts to address a series of alarming incidents involving robbery, terror-inducing weapons, and attempted theft reported last night....
https://knews.kathimerini.com.cy/en/news/assange-leaves-uk-for-australia-after-years-of-hiding-in-us-plea-deal
After a years-long legal saga, Wikileaks says that founder Julian Assange has left the UK after reaching a deal with US authorities that will see him plead guilty to criminal charges and go free....
https://knews.kathimerini.com.cy/en/news/ministry-pushing-for-ban-on-mobile-phones-in-schools
The measure to ban mobile phones in educational institutions across Cyprus is neither sudden nor unprecedented, stated Minister of Education Athina Michaelidou. She noted that similar measures have been implemented in almost all European countries....
https://knews.kathimerini.com.cy/en/news/bbf-announces-the-full-sale-of-four-class-a-business-centers-in-cyprus-in-the-past-12-months
BBF, Limassol’s top luxury residential developer, successfully sold out four Class A office buildings within the last year. Spanning a total area of approximately 20,000 sq. m., the full sale of bbf: latitude, bbf: liberty, bbf: benchmark, and bbf: summit solidifies BBF’s position as a leading name in Cyprus's commercial real estate market as well....
https://knews.kathimerini.com.cy/en/news/cyprus-to-sell-1-billion-bond-after-improved-credit-ratings
The Republic of Cyprus is expediting its return to the financial markets, seeking to leverage recent credit rating upgrades by Fitch and Standard & Poor's......
https://knews.kathimerini.com.cy/en/news/cyprus-cuts-migrant-arrivals-by-50-earns-european-praise
Cyprus continues to grapple with a significant migration challenge, a situation that has evolved into a complex and multifaceted issue. ...
https://knews.kathimerini.com.cy/en/news/ukrainian-cypriot-woman-killed-in-troodos-road-accident
A tragic accident claimed the life of 47-year-old Maria Pasteurcamp, a Ukrainian national with Cypriot citizenship, on Monday afternoon....
https://knews.kathimerini.com.cy/en/news/cyprus-eyes-market-return-with-ten-year-bond
Cyprus is gearing up to re-enter the financial markets in the near future to capitalize on the recent positive momentum bolstering its economy....
