https://knews.kathimerini.com.cy/en/news/unemployment-rate-drops-while-inflation-inches-up
The latest data from the Cyprus Statistical Service reveals a positive shift in the country's economic landscape, with the unemployment rate falling to 5.9% in the fourth quarter of 2023, compared to 6.9% in the same period the previous year....
https://knews.kathimerini.com.cy/en/business/cypriot-companies-lead-europe-s-fastest-growth
Two Cypriot companies have made it onto this year's list of the one thousand fastest-growing European businesses, a list compiled annually by the British newspaper Financial Times in collaboration with the German data analysis company Statista....
https://knews.kathimerini.com.cy/en/news/cyprus-economic-growth-soars-2-5-for-2023
Cyprus' economic growth is estimated at 2.5% in real terms in 2023. At current prices, the Gross Domestic Product (GDP) is estimated to increase by 7.1%, according to the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/news/olive-oil-prices-spike-49-in-cyprus
In January 2024, the price of olive oil experienced a significant surge, with Cyprus leading the pack with a remarkable 49% increase, according to data released by Eurostat, the EU's statistical office. ...
https://knews.kathimerini.com.cy/en/news/who-earns-what-insights-into-top-government-salaries-in-cyprus
Newly released data from the Treasury of the Republic of Cyprus reveals that the highest-paid government officials in the country include the Attorney General,...
https://knews.kathimerini.com.cy/en/news/international-study-finds-potential-adverse-effects-from-covid-vaccines
A recent study examining nearly 100 million vaccinated individuals across eight countries reaffirmed the known links between COVID-19 vaccines and certain adverse effects....
https://knews.kathimerini.com.cy/en/news/cyprus-drowning-in-trash-as-stats-report-more-waste-less-recycling
Brace yourselves, Cyprus – we've got a waste problem. The latest data from Eurostat, the EU's number cruncher, shows that in 2022, we each tossed out a whopping 673 kg of municipal waste....
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/business/consulco-s-london-credit-fund-continues-to-grow
London Credit Fund, Consulco Group’s successful alternative investment fund, continues its dynamic growth....
https://knews.kathimerini.com.cy/en/news/grammys-2024-women-dominate-as-taylor-swift-makes-history-with-4th-best-album-win
In a historic sweep, female artists claimed the spotlight at this year's Grammy Awards, clinching the top four honors of the night....
https://knews.kathimerini.com.cy/en/news/elam-s-shadow-unveiling-the-far-right-s-fascist-roots
''Nazis or just another populist party?'' This has been the question in Germany for years regarding the far-right party Alternative for Germany (AfD)....
https://knews.kathimerini.com.cy/en/news/germany-and-france-propose-radical-restructuring-of-eu-decision-making
In an unprecedented move, Germany and France are advocating for profound changes in the operation and decision-making processes of the European Union (EU).
...
https://knews.kathimerini.com.cy/en/news/hostage-families-urgently-plead-for-release-in-parliament-chaos
In a gripping display of anguish, relatives of Israelis held captive by Palestinian gunmen stormed a Jerusalem parliamentary committee on Monday, urging lawmakers to intensify efforts to free their loved ones....
https://knews.kathimerini.com.cy/en/news/eni-unearths-natural-gas-treasure-in-cyprus
ENI’s drilling in ''Cronos-2'' target in Cyprus’ exclusive economic zone (EEZ) block 6 seems to have discovered a natural gas reservoir with sources telling CNA that gas flaring was carried out yesterday....
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/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/blinken-s-urgent-mission-in-the-middle-east
Amid mounting concerns over the Israel/Hamas conflict, State Department spokesperson Matthew Miller emphasizes the real risk involved....
https://knews.kathimerini.com.cy/en/business/europe-tightens-rules-on-short-term-rentals-for-sustainable-tourism
The noose has tightened for short-term rentals within European territory, i.e. ''Airbnb'' and other well-known platforms. The aim of the new three rules from the European institutions is to promote more sustainable tourism,...
https://knews.kathimerini.com.cy/en/news/european-commission-disburses-funds-to-six-member-states
The European Commission disbursed payments to six Member States Thursday, under the Recovery and Resilience Facility (RRF)....
https://knews.kathimerini.com.cy/en/news/ec-allocates-recovery-funds-to-six-member-states
The European Commission disbursed payments to six Member States on Thursday, marking a milestone in the implementation of the Recovery and Resilience Facility (RRF). ...
https://knews.kathimerini.com.cy/en/business/landlords-urged-to-be-reasonable-when-pricing-rentals
Marinos Keynegirou, the president of the Real Estate Registration Council, warns of escalating prices and dwindling demand in the real estate market's fourth quarter....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-housing-crisis-deepens-amid-interest-rate-scandal
With current interest rates, the prospect of repaying a mortgage spans nearly fifty years for an average family, turning homeownership into an elusive dream....
https://knews.kathimerini.com.cy/en/news/major-shipping-firms-redirect-routes-as-red-sea-attacks-intensify
In a significant move with potential global repercussions, major shipping companies, including MSC, Maersk, and Hapag-Lloyd, opt to steer clear of the Red Sea route....
https://knews.kathimerini.com.cy/en/news/urgent-measures-taken-after-a-series-of-fires-on-buses
According to the commitment of the Ministry of Transport and the owners of the 570 immobilized buses, a return to normality is expected early this week....
https://knews.kathimerini.com.cy/en/business/sixt-pumps-the-bakes-on-tesla-as-it-halts-purchases-and-sells-existing-ev-stock
In a strategic move that underscores the evolving dynamics in the electric vehicle (EV) landscape, Sixt, a prominent German rental car company, has decided to discontinue purchasing Tesla vehicles and plans to sell off its current Tesla EV stock....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-new-office-transforming-work-in-a-post-covid-world
The global pandemic has led in an era of exceptional change in the core model of work, prompting organizations to reassess traditional structures and embrace a hybrid approach....
https://knews.kathimerini.com.cy/en/news/mortgage-to-rent-scheme-sparks-overwhelming-interest-as-call-centers-inundated
In a significant response to the newly launched 'Mortgage to Rent' Scheme by the implementing agency, KEDIPES, the service center has been inundated with hundreds of calls since the official commencement of the initiative today....
https://knews.kathimerini.com.cy/en/news/570-buses-grounded-after-aglantzia-blaze
The incident last Friday (01/12), where a fire broke out in the school bus engine in Aglantzia, prompted the Ministry of Transport and stakeholders to hold meetings over the weekend....
https://knews.kathimerini.com.cy/en/news/€620m-blueprint-for-transformative-projects
The overall projects, totaling almost €620 million, are outlined in the Ministry of Internal Affairs Budget....
