https://knews.kathimerini.com.cy/en/news/mykonos-faces-tourism-crisis-amid-declining-numbers
Despite promising signs for other parts of the country as regards the number of flights and seat bookings for the 2024 tourism season, Mykonos is seeing a decline in both indices for the second year in a row.
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https://knews.kathimerini.com.cy/en/news/government-strengthens-social-safety-net-with-nationwide-social-worker-program
In a move aimed at bolstering the country's social safety net, Cyprus President Nikos Christodoulides announced a nationwide expansion of the Neighbourhood Social Workers' Programme....
https://knews.kathimerini.com.cy/en/news/islamic-state-calls-for-terror-attacks-on-us-europe-and-israel
The Islamic State issued a stark warning on Thursday, urging its followers to target "crusaders" worldwide, singling out the United States, Europe, and Israel. ...
https://knews.kathimerini.com.cy/en/news/get-ready-for-a-heatwave
Good morning, folks! We've got some exciting weather news coming your way. Weak high pressure and a hot gas mass are swooping in, promising to bring rising temperatures and plenty of sunshine to the area....
https://knews.kathimerini.com.cy/en/business/business-loans-drop-home-loans-steady
The Central Bank of Cyprus reported on Wednesday that the net demand for corporate loans continued to decrease in the last quarter of 2023, marking a consistent downward trend since the first quarter of 2022, although at a slower pace than anticipated earlier in the year....
https://knews.kathimerini.com.cy/en/news/cyprus-estonia-presidents-meet-to-strengthen-ties
In a display of camaraderie and mutual interest, Cyprus President Nikos Christodoulides and Estonian President Alar Karis met Wednesday at the Presidential Palace, highlighting the strong bond between their nations despite geographical differences. ...
https://knews.kathimerini.com.cy/en/business/porsche-cyprus-elevates-auto-unveilings-with-panamera-reveal
Porsche Cyprus unveils the new Porsche Panamera....
https://knews.kathimerini.com.cy/en/business/audit-uncovers-mismanagement-in-cyprus-public-health-system
In a damning revelation, Auditor General Odysseas Michaelides unveiled alarming mismanagement within Cyprus' public health sector, particularly in its flagship National Health System (GESY). ...
https://knews.kathimerini.com.cy/en/news/cyprus-economy-holds-steady-amid-challenges
Canadian credit rating agency DBRS Ratings GmbH (Morningstar DBRS) has affirmed the Republic of Cyprus's long-term ratings, maintaining it at BBB (high) with a stable economic outlook. ...
https://knews.kathimerini.com.cy/en/news/europe-s-ambitious-plan-to-reignite-economic-engines
As Europe endeavours to uphold its competitiveness amidst economic rivals, its politicians believe they hold a concealed asset: the savings of its citizens, which remain unused and dormant....
https://knews.kathimerini.com.cy/en/business/cyprus-braces-for-soaring-fuel-prices
Cyprus braces for a significant hike in motor fuel prices by mid-April, with increases of 10 cents per liter expected to impact consumer spending across the island nation, according to a report by Kathimerini's Maria Eraclous....
https://knews.kathimerini.com.cy/en/business/peek-into-february-2024-s-hottest-real-estate-deals
Ask Wire, a company blending real estate expertise with technology, has compiled and published data on the 10 most expensive real estate transactions completed in February 2024 and the total value of the top 10 sales by province....
https://knews.kathimerini.com.cy/en/comment/opinion/struggles-amidst-renovation-on-makarios-avenue
I've heard that two stores of a well-known chain recently closed down on Makarios Avenue, namely Etam and Undiz. While these brands thrive in malls and other cities, they seem to struggle in the heart of Nicosia....
https://knews.kathimerini.com.cy/en/business/porsche-tequipment-delivers-tailored-accessories-for-every-driver
PORSCHE TEQUIPMENΤ: An authentic line of accessories that perfectly matches your own character....
https://knews.kathimerini.com.cy/en/news/sunshine-breaks-through-haze-in-the-region
Embracing a high-pressure system, the region anticipates clear skies with a touch of haze. Today's forecast brings intermittent clouds......
https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation
International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks.
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https://knews.kathimerini.com.cy/en/news/white-house-faces-pressure-as-un-gaza-ceasefire-resolution-passes
The UN Security Council has passed a resolution urging a ceasefire in Gaza, a move that led to Israel canceling a high-level visit to Washington after the US abstained from the vote.
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https://knews.kathimerini.com.cy/en/news/european-commission-flags-trade-risks-for-cyprus-economy
The Cypriot economy is on a sound footing due to solid economic growth and declining inflation, but its high integration with EU and non-EU economies make geopolitical and trade tensions......
https://knews.kathimerini.com.cy/en/news/dusty-skies-and-rising-heat
Get ready for a weather rollercoaster in the region, folks! While a weak low-pressure system holds sway for now, brace yourselves for a temporary spike in high pressure starting tomorrow. ...
https://knews.kathimerini.com.cy/en/news/chinese-ambassador-stresses-cooperation-for-vasiliko-lng-success
The main body of the Vassiliko LNG project could be completed at the end of 2024 or early in 2025, as long as various parties can truly work together with......
https://knews.kathimerini.com.cy/en/news/eu-summit-stirs-hope-for-cyprus-president-s-role-in-turkey-talks
The possibility of adding a paragraph on EU-Turkey relations to the conclusions of the European Council Summit that is taking place in Brussels remains open after the meeting......
https://knews.kathimerini.com.cy/en/news/us-justice-department-sues-apple-for-its-smartphone-monopoly
The Justice Department has filed a wide-ranging antitrust lawsuit against tech giant Apple, alleging the company has established an illegal monopoly in the smartphone market,...
https://knews.kathimerini.com.cy/en/business/luxury-brand-hermes-sued-over-birkin-bag-sales
Two California residents have initiated legal action against French luxury design company Hermès, alleging discriminatory sales practices surrounding its highly coveted Birkin handbags....
https://knews.kathimerini.com.cy/en/news/scattered-showers-and-surging-winds-ahead
Ready for your daily weather update? Well, grab your umbrellas because we've got some interesting changes headed our way....
https://knews.kathimerini.com.cy/en/business/israeli-tax-authorities-probe-israeli-investor-activities-in-cyprus
Israeli tax authorities are investigating the extensive business activities of Israeli investors in Cyprus, as revealed by Shai Aharonovich, head of Israel's Tax Department, in a report by leading financial newspaper, Globes....
https://knews.kathimerini.com.cy/en/comment/opinion/what-are-they-afraid-of
Transparency is not merely a good thing; it is essential. However, with the exception of one, credit buyout companies seem unwilling to disclose their financial results, keeping them shrouded in secrecy....
https://knews.kathimerini.com.cy/en/news/cyprus-invests-€3-2m-in-50-green-kiosks
Today, Cyprus marked a significant step forward in its environmental efforts with the signing of a contract for the supply and installation of 50 prefabricated Green Kiosks across its mountainous and remote regions.
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https://knews.kathimerini.com.cy/en/news/strong-winds-and-spotty-showers-forecasted
Looks like we're in for a bit of a weather rollercoaster ride, all thanks to a pesky low-pressure system hanging around....
https://knews.kathimerini.com.cy/en/news/putin-wins-big-in-russian-election-despite-global-backlash
Russian President Vladimir Putin declared a sweeping triumph in the country's presidential election, despite widespread protests......
https://knews.kathimerini.com.cy/en/news/alleged-accomplice-arrested-in-€7-8m-money-laundering-case
Authorities in Cyprus have identified a potential accomplice in the high-profile money laundering case involving a 31-year-old Ukrainian woman. The woman,...