https://knews.kathimerini.com.cy/en/business/porsche-cyprus-celebrates-the-grand-opening-of-the-new-corporate-architecture-concept-destination-porsche-in-limassol
It is the fourth Porsche Centre under the new retail ''Destination Porsche'' concept in the Central and Eastern Europe region and amongst first in the world. ...
https://knews.kathimerini.com.cy/en/news/kyriakides-our-goal-now-medicines-for-all
"I have always envisioned a European Health Union, where the European Union would be intimately connected to every citizen regarding health matters....
https://knews.kathimerini.com.cy/en/business/q1-2023-sales-reach-€1-7-billion-despite-challenges
During the first quarter of 2023, the total value of properties sold was €1.7 billion. Despite facing numerous challenges that are starting to impact the real estate market, it has shown resilience...
https://knews.kathimerini.com.cy/en/news/cyprus-2022-household-assets-reach-€59-7b-debt-at-€20b
In December 2022, the total value of financial assets held by households was €59.7 billion. Out of this amount, 62% was invested in currency, deposits, and loans, 2% was allocated to debt securities, 19% was invested in stocks, and the remaining 17% was invested in other types of financial instruments....
https://knews.kathimerini.com.cy/en/news/gov-t-officials-submit-asset-declarations-who-holds-the-most-valuable-property
The deadline for submitting the Asset Declarations by members of the new Government, as provided by legislation, ends today, Thursday, April 27th....
https://knews.kathimerini.com.cy/en/news/1-the-goal-is-1-000-voluntary-returns-per-month-says-ioannou
The government of Cyprus has outlined a four-pillar plan to address immigration issues, according to Interior Minister Konstantinos Ioannou. The first pillar is to limit the flow of asylum seekers entering Cyprus, followed by managing asylum applications and reception areas more efficiently....
https://knews.kathimerini.com.cy/en/business/three-major-concerns-of-ecb-regarding-cypriot-banks
Although Cypriot banks have made great progress over the last decade, foreign supervisors have reservations and summarise their concerns in three areas....
https://knews.kathimerini.com.cy/en/news/cyprus-short-term-rental-bookings-rebound-in-2022-but-still-below-2019-levels
Eurostat, the statistical service of the EU, reported that during the fourth quarter of 2022 (Q4 2022), short-term rental accommodations booked through platforms like Airbnb, Booking, Expedia Group, or TripAdvisor were in high demand, with guests spending around 97 million nights in such accommodations across the EU. ...
https://knews.kathimerini.com.cy/en/news/home-prices-remain-high-despite-recent-dip
House Price Index decreased by 4% in the fourth quarter of 2022 and amounted to 108.03 units, compared to the third quarter, when it was at 112.51, according to a preliminary estimate of the Statistical Service, published on Tuesday....
https://knews.kathimerini.com.cy/en/business/ethics-group-says-chat-gpt-4-a-risk-to-privacy-and-public-safety
The tech ethics group Center for Artificial Intelligence and Digital Policy is asking the U.S. Federal Trade Commission to stop OpenAI from issuing new commercial releases of GPT-4, ...
https://knews.kathimerini.com.cy/en/news/ministry-of-labor-building-may-not-be-structurally-sound
The House of Representatives Internal Affairs Committee sounded the alarm on Cyprus and Public Services' degree of preparedness in the event of strong seismic activity following a meeting on March 16. ...
https://knews.kathimerini.com.cy/en/news/sense-of-calm-prevails-in-the-aegean
The improvement of relations between Greece and Turkey and the sharp decrease in tensions is not only at the diplomatic level but also, and almost in tandem, with the operational situation on the ground...
https://knews.kathimerini.com.cy/en/news/inflation-sees-downward-trend-for-7th-month-in-a-row
The cost of living in Cyprus has decreased for the seventh month in a row, with the rate of inflation dropping to 6.7% in February. This is down from a peak of 10.6% in July 2022. ...
https://knews.kathimerini.com.cy/en/business/march-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/russians-top-list-of-property-buyers-in-the-first-months-of-2023
Russian nationals were by far the largest group of foreign real estate buyers in Cyprus during the first two months of 2023, according to data by the Department of Lands and Surveys,...
https://knews.kathimerini.com.cy/en/news/cyprus-gdp-and-employment-up-according-to-eurostat
Both GDP and employment increased during the 4th quarter of 2022 compared to the previous quarter in Cyprus, while in the eurozone GDP remained stable and employment increased and in the EU GDP fell and employment increased, according to estimates released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/consumers-cutting-back-on-non-essential-items-as-cost-of-living-rises
As the cost of living crisis continues to rise globally, consumers have drastically adjusted their spending behaviors, with the majority (53%) of global consumers “holding back” on non-essential spending. ...
https://knews.kathimerini.com.cy/en/news/cyprus-asks-for-more-assistance-to-stem-green-line-flow
The Permanent Secretary of the Ministry of Interior Dr. Costas Constantinou requested during the informal Ministerial Meeting of the MED5 (Greece, Italy, Spain, Malta and Cyprus) the assistance of FRONTEX to limit the flow of irregular migrants from Turkey through the Green Line, while the issue of the Green Line was also included in the joint communiqué that was signed by the participants....
https://knews.kathimerini.com.cy/en/news/cyprus-gdp-up-by-5-6-higher-than-eu-or-eurozone-estimates
Cyprus’ gross domestic product (GDP) grew by 5.6% in real terms in 2022, according to a provisional estimate published by the country’s statistical service CyStat on Wednesday....
https://knews.kathimerini.com.cy/en/news/cervical-cancer-vaccine-now-free-of-charge-under-gesy
The fourth most frequent cancer in Cyprus in women is cervical cancer, with 36 new cases in 2019, according to the Cyprus Association of Cancer Patients and Friends (PASYKAF)....
https://knews.kathimerini.com.cy/en/news/many-dead-after-trains-collide-in-greece
A passenger train in Greece carrying hundreds of people collided with an oncoming freight train in a fiery wreck in the country’s north early Wednesday, killing 32 and injuring at least 85...
https://knews.kathimerini.com.cy/en/news/blinken-in-athens-to-shore-up-ukraine-effort
US Secretary of State Antony Blinken will be in Athens on February 20-22 to meet with the country’s leadership and launch the fourth round of the US-Greece Strategic Dialogue. The US official’s trip comes after a visit to Turkey, where he pressed NATO expansion...
https://knews.kathimerini.com.cy/en/business/companies-laying-off-employees-to-hire-new-ones-at-lower-salaries
Keri and other recruiters say that candidate offers are now much lower and look more like those from 2019 — before the pandemic kicked off the Great Resignation, before Big Tech went on a hiring spree, and before anyone had heard of "quiet quitting."...
https://knews.kathimerini.com.cy/en/business/1-february-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/credit-suisse-posts-$1-51-billion-loss-in-4th-quarter-of-2022
Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul....
https://knews.kathimerini.com.cy/en/news/apartment-prices-continued-its-upward-momentum-in-q4-2022
Apartments continued to drive the rising real estate prices in the fourth quarter of 2022, data published by the Aks WiRE Index show....
https://knews.kathimerini.com.cy/en/business/banks-are-revising-lending-rates
Cypriot banks are preparing new loan rates in an effort to redesign the pricing of loans. In the first half of 2023, Cypriot banks will see significant changes in the pricing of new loans, accompanied by increases in interest rates, ...
https://knews.kathimerini.com.cy/en/news/k-poll-averof-leads-mavroyiannis-by-0-5
There was a minor upset In the fourth wave of the rolling poll that Symmetron Market Research conducted for "K,". It seems the race for second place will undoubtedly be an exciting one....
https://knews.kathimerini.com.cy/en/business/wargaming-intends-to-hold-on-to-hellenic
Wargaming Group, a Cypriot technology company, intends to remain a shareholder in Hellenic Bank. Despite selling a 13.41% stake to Eurobank in early December, Wargaming says its goal now is to focus on what it says it "does best," which is creating good games....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-vulnerabilities-remain-despite-progress-says-ssm
Cypriot banks have made progress, according to a report by the Single Supervisory Mechanism (SSM), but there are still many issues. ...
