https://knews.kathimerini.com.cy/en/business/another-ecb-rate-hike-is-on-the-horizon
Europe may be heading for another interest rate increase, and households could once again feel the impact....
https://knews.kathimerini.com.cy/en/news/friday-forty-and-feeling-fine
We've made it to Friday, and the island is keeping things remarkably consistent. The seasonal low-pressure system continues to hold its ground, which means we are in for a thoroughly classic, sun-drenched July day....
https://knews.kathimerini.com.cy/en/business/landmark-pension-reform-eyes-january-2027-rollout-with-hikes-up-to-55
A major overhaul of the Cypriot pension system is moving into its final legislative phases, promising tiered increases for all retirees when it takes effect on January 1, 2027....
https://knews.kathimerini.com.cy/en/news/keeping-it-steady-text-book-thursday-weather-ahead
The island is looking at mostly clear skies across the board, with temperatures hovering exactly where the meteorologists expect them to be at this time of year....
https://knews.kathimerini.com.cy/en/news/ecb-rate-hike-to-add-€147m-to-greek-banks-as-profits-rise-from-widening-loan-deposit-gap
The European Central Bank’s latest interest rate increase, its first since 2023, is expected to boost bank profitability across the eurozone, including Cyprus, by widening the gap between what banks earn from loans and what they pay out to savers....
https://knews.kathimerini.com.cy/en/news/watch-your-step
A renewed warning is being issued to the public in Cyprus after a snake sighting went viral online, sparking debate over safety in rural and forest areas, and how people should react if they come across a viper in the wild....
https://knews.kathimerini.com.cy/en/business/ecb-set-for-two-rate-hikes-this-year-what-it-means-for-cypriots
The war in Iran may be happening hundreds of kilometers away, but for many people in Cyprus, its effects could soon be felt much closer to home, in their electricity bills, supermarket receipts, and even their mortgage payments....
https://knews.kathimerini.com.cy/en/business/more-interest-rate-hikes-on-the-way-hitting-cypriot-borrowers-again
The last time the European Central Bank (ECB) raised interest rates was on September 20, 2023. But all signs suggest that another increase could be coming as early as next week....
https://knews.kathimerini.com.cy/en/news/1-tiny-mouflon-born-in-cyprus-forests-video
Deep in the rugged mountains of Cyprus, where the forests are still wild and untouched, a tiny new life has just entered the world....
https://knews.kathimerini.com.cy/en/business/brace-for-another-interest-rate-hike-in-june-cyprus-central-banker-warns
Cyprus’ central bank chief has left the door open to another possible interest rate move by the European Central Bank next month, warning that rising energy uncertainty and geopolitical tensions are once again putting pressure on prices....
https://knews.kathimerini.com.cy/en/news/tuesday-forecast-a-cheeky-case-of-may-frostbite
It is May in Cyprus, yet the atmosphere has decided to pull a winter wardrobe out of storage for one last uninvited encore. A weak low-pressure system is currently loitering, making for a very confused Tuesday....
https://knews.kathimerini.com.cy/en/news/the-saintly-spring-break-sun-sweets-and-school-free-shenanigans
It is St. George’s Day, but more importantly for the younger demographic, it’s the Archbishop’s Nameday. While the rest of us are tethered to our desks, the kids are out enjoying a mid-week reprieve. ...
https://knews.kathimerini.com.cy/en/news/airfares-set-to-surge-this-summer-as-united-hikes-prices-and-lufthansa-slashes-flights
If you’re planning a summer getaway, brace yourself; flying is about to get more expensive and a lot less predictable....
https://knews.kathimerini.com.cy/en/news/cost-of-essentials-jumps-with-another-rise-in-infant-formula
Price increases have been recorded across a range of everyday goods in Cyprus, with infant formula among the products drawing particular concern from consumers....
https://knews.kathimerini.com.cy/en/business/ecb-says-interest-rates-played-a-key-role-in-curbing-inflation-across-the-euro-area
The European Central Bank (ECB) says monetary policy in the euro area was highly effective during the tightening cycle of 2022 to 2023. ...
https://knews.kathimerini.com.cy/en/news/avakas-gorge-trail-closed-due-to-safety-risks
The Department of Forests has reiterated that the popular Avakas Gorge trail, located within Akamas National Forest Park, will remain closed to the public until further notice, citing ongoing safety concerns....
https://knews.kathimerini.com.cy/en/news/dozens-rescued-after-rising-waters-trap-hikers-in-avakas-gorge
Firefighters carried out two rescue operations within hours Wednesday after rising water levels trapped dozens of hikers inside the popular Avakas Gorge in the Paphos district, authorities said....
https://knews.kathimerini.com.cy/en/business/shipping-costs-surge-as-iran-war-sparks-new-global-price-shock
The war in Iran and the broader geopolitical turmoil it has triggered are fueling a new and sharp surge in global shipping costs. ...
https://knews.kathimerini.com.cy/en/news/monday-forecast-march-is-stepping-in-with-a-sunny-smile-and-a-chilly-handshake
While the calendar says spring is knocking on the door, the atmosphere is still shaking off the last of a lingering cold air mass....
https://knews.kathimerini.com.cy/en/business/cyprus-retail-market-holds-steady-despite-foot-and-mouth-outbreak
Consumers are continuing to shop as usual, with no signs of hesitation or fear following the latest crisis triggered by the detection of foot-and-mouth disease cases in 11 livestock units affecting roughly 14,000 animals. ...
https://knews.kathimerini.com.cy/en/news/family-of-russian-businessman-found-dead-in-cyprus-seeks-new-probe-before-burial
The family of former Uralkali chief Vladislav Baumgertner is demanding answers and a halt to his burial as questions continue to swirl around his death in Cyprus....
https://knews.kathimerini.com.cy/en/news/green-monday-prices-all-over-the-place-octopus-up-tomatoes-down-and-your-bill-depends-on-where-you-shop
If your Green Monday shopping list feels like a gamble this year, you’re not imagining it. A new price check shows some traditional fasting foods have shot up in cost, while others have dropped sharply, and the difference between stores can be huge....
https://knews.kathimerini.com.cy/en/news/snow-transforms-cyprus-mountains-overnight
Cyprus got a real taste of winter overnight, as snow blanketed mountain and semi-mountain areas, turning familiar villages into postcard scenes straight out of January, the kind that send cameras, drones, and kids straight outside....
https://knews.kathimerini.com.cy/en/business/bulgaria-ditches-lev-for-euro-amid-fears-of-price-hikes-and-political-chaos
Bulgaria is set to ditch its national currency, the lev, for the euro on Jan. 1, 2026, a move that has stirred both excitement and anxiety across the country....
https://knews.kathimerini.com.cy/en/business/banks-agree-employees-to-get-€4-500-in-bonuses-salary-hikes-and-expanded-loans
Cyprus’ bank staff are looking at a festive season with some serious perks on the horizon. After weeks of negotiations, banks and the union ETYK have reached a final agreement on a new collective contract covering 2023–2027....
https://knews.kathimerini.com.cy/en/news/budget-christmas-gets-pricier-as-lower-income-families-face-9-hike
Cyprus’ Christmas tables are showing a stark contrast this year. A survey by the Cyprus Consumers Association found that while a ''rich'' festive spread remains steady in price, a scaled-down version for lower-income families has jumped by 9% compared to last year....
https://knews.kathimerini.com.cy/en/news/tuesday-weather-sunshine-and-stability-offer-a-brief-moment-of-calm-before-the-clouds-gather
We made it past the initial shock of December and Monday, and today, we are rewarded with the weather equivalent of a deep breath and a long sigh of relief....
https://knews.kathimerini.com.cy/en/business/ryanair-loses-eindhoven-landing-slots-as-european-network-cuts-deepen
Ryanair has been stripped of two landing slots at Eindhoven Airport after Dutch regulators concluded the airline repeatedly operated certain flights behind schedule, according to a report from the Eindhovens Dagblad....
https://knews.kathimerini.com.cy/en/news/hunter-rescued-after-50-meter-fall-into-ravine-in-gerasa-limassol-video
Emergency services were called into action early Sunday morning after a hunter fell into a deep ravine in the mountainous area of Gerasa, in Limassol District....
https://knews.kathimerini.com.cy/en/news/cyprus-unveils-€600-000-smart-tourism-app-to-personalize-every-visitor-s-journey
Soon, visitors to Cyprus will be able to plan their dream trip before they even pack a suitcase, thanks to a new €600,000 digital tourism app designed by the Cyprus University of Technology (TEPAK) in partnership with the Deputy Ministry of Tourism....
