https://knews.kathimerini.com.cy/en/news/europe-s-first-multi-themed-resort-opens-in-limassol
The inauguration of the City of Dreams Mediterranean in Limassol on Monday marks a significant milestone for tourism in Cyprus, introducing the continent's first multi-theme resort....
https://knews.kathimerini.com.cy/en/news/us-senator-supports-greece-s-role-in-deterring-russia
"If the administration chooses to override the F-16 veto, I will oppose it and there will be consequences," Senator and Chairman of the US Senate Foreign Relations Committee Robert Menendez told reporters on the sidelines of the Eastern Mediterranean Business Summit in New York....
https://knews.kathimerini.com.cy/en/news/cyprus-among-countries-with-lowest-food-deprivation-rates
Out of people that were at risk of poverty in Cyprus in 2022, 5.6% were unable to afford a meal containing meat, fish, or a vegetarian equivalent every second day (19.7% in the EU), which was an increase compared to the last year, according to data released by Eurostat, the statistical service of the EU....
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/news/cypriot-economy-on-the-brink-says-finance-minister
During his address to the House of Representatives and following his presentation to the Parliamentary Finance Committee on the government's comprehensive package of seven measures for addressing foreclosure issues, ...
https://knews.kathimerini.com.cy/en/news/contentious-foreclosure-legislation-sparks-debate-in-parliament
The issue of foreclosures remains unresolved and will be the focal point of the upcoming plenary session on Thursday, July 13. ...
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/news/revitalizing-democracy-george-pamboridis-launches-new-political-platform
George Pamboridis is taking strides towards establishing a political platform, an interactive workshop for political reform, in collaboration with others....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-gov-t-to-pay-€345-000-to-turkish-cypriot-for-illegal-use-of-property
The big news: "Compensation of €345,000 will be paid to a T/C of American origin by the Republic of Cyprus, while also returning his property in Limassol, which was being used illegally....
https://knews.kathimerini.com.cy/en/news/sweden-s-nato-membership-hangs-in-the-balance-as-turkey-poses-last-minute-hurdle
The developments surrounding Sweden’s NATO membership are rapidly unfolding, with indications pointing towards an imminent announcement of an agreement during the Vilnius summit held on July 11-12. However, there remains the possibility that Turkey may disrupt the proceedings at the last moment....
https://knews.kathimerini.com.cy/en/business/techisland-announces-techisland-awards-finalists
TechIsland is happy to announce the shortlist of finalists for the 1st TechIsland Awards. The 260+ members of TechIsland were asked to submit their nominations for 7 different categories of awards, based on specific criteria, aiming to bring forward and shine a spotlight on individuals, projects and companies that are shaping the tech and innovation landscape of Cyprus....
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/business/cyprus-shines-as-eu-s-strong-innovator-for-second-consecutive-year
Cyprus is once more placed among the EU's strong innovators for a second year in a row, according to the annual EU innovation scoreboard, marking a significantly faster performance than the EU average....
https://knews.kathimerini.com.cy/en/news/spain-youngsters-to-receive-20-000-euros-upon-turning-18
A universal inheritance is proposed by the Minister of Labor of Spain, Yolanda Diaz, as a means to address social inequalities. Under this framework, all young people living in Spain would receive 20,000 euros after they turn 18....
https://knews.kathimerini.com.cy/en/news/no-two-ways-about-it-climate-change-threatens-tourism-as-tourism-impacts-climate-change
Coastal erosion, rising sea levels, increased temperatures, sea disturbances, and storms, as well as the reduction of freshwater supply, are some of the consequences of climate change....
https://knews.kathimerini.com.cy/en/business/eurobank-s-vision-controlling-hellenic-bank-and-conquering-new-markets
According to Bloomberg, Eurobank's deputy chief executive, managing director, and head of international operations, Stavros Ioannou, expressed the bank's desire to eventually gain full control of Hellenic Bank in Cyprus....
https://knews.kathimerini.com.cy/en/news/parliament-approves-foreclosure-law
A significant mobilization by the Government and the Central Bank of Cyprus took place this week regarding the framework of foreclosures, primarily to withdraw the "problematic" proposal that, according to the state and banks, would have negative consequences for the Cypriot economy....
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/eu-commission-proposes-digital-euro-as-cash-alternative
Digital currencies have grown in popularity. Unlike bitcoin, the digital euro would be a central bank digital currency (CBDC), essentially, electronic cash. ...
https://knews.kathimerini.com.cy/en/news/parliament-to-vote-on-law-for-borrowers-foreclosure-appeal
The news from the "Oikonomiki Kathimerini" about the suspension of first home foreclosures up to €350,000 until the end of October has been confirmed. ...
https://knews.kathimerini.com.cy/en/news/president-proposes-measures-to-address-foreclosure
During the International Investment Awards ceremony held by Invest Cyprus, President Nikos Christodoulides delivered a speech addressing the issue of foreclosures and their impact on the economy. ...
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.
...
https://knews.kathimerini.com.cy/en/news/urgent-call-to-liberalize-electricity-market
Mr. Neophytou attended the Annual General Assembly of the Electricity Market Association (EMA) on Thursday, June 29th, and delivered a greeting. ...
https://knews.kathimerini.com.cy/en/news/cyprus-to-appoint-sanctions-czar
The Cabinet on Wednesday decided on a series of measures and actions for the coordination on issues related to sanctions, Government Spokesperson Constantinos Letymbiotis announced...
https://knews.kathimerini.com.cy/en/news/cyprus-joins-campaign-to-boost-seafarer-recruitment
To mark the 'Day of the Seafarer' on June 25, the International Chamber of Shipping (ICS) partnered with its Members, including the Cyprus Shipping Chamber, to launch a Seafarers Recruitment Campaign Film titled 'An Adventurous Spirit'
...
https://knews.kathimerini.com.cy/en/news/interest-rate-increases-boost-cypriot-banks-2022-profits-to-€177-million
Bank of Cyprus and Hellenic Bank generated a combined profit of €164.7 Million in Q1 2023, Driven by interest rate increases....
https://knews.kathimerini.com.cy/en/news/conservatives-storm-to-victory-in-repeat-greek-election
Greece's conservative New Democracy party stormed to victory in a parliamentary election on Sunday with voters giving reformist Kyriakos Mitsotakis another four-year term as prime minister...
https://knews.kathimerini.com.cy/en/news/creating-tasty-flavors-from-leftover-food
Tyler Malek's ice cream parlors in Los Gatos, California, are actively embracing the upcycling movement by crafting premium ice cream flavors from leftover food....
https://knews.kathimerini.com.cy/en/news/experts-to-take-charge-of-high-profile-corruption-cases
The Anti-Corruption Authority has initiated investigations and assessments of the complaints it has received....
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....
