https://knews.kathimerini.com.cy/en/news/greek-households-order-food-up-to-3-times-a-week
More and more households in Greece are relying on takeout, having food delivered as many as three times a week. Rising demand has also led to an increase in recent years of food service enterprises being established with the exclusive purpose of distributing ready meals, without having a dining area....
https://knews.kathimerini.com.cy/en/news/cbc-top-savings-interest-rate-in-cyprus-hits-2-45
In August 2024, the Central Bank of Cyprus reported that the highest interest rate for term deposits of up to one year for households reached 2.45%. ...
https://knews.kathimerini.com.cy/en/news/tesla-unveils-robotaxi-and-optimus-robot-at-‘we-robot-event
Tesla CEO Elon Musk showcased the company’s latest autonomous vehicle, the Cybercab Robotaxi, during the "We, Robot" event at Warner Bros. Studios on Thursday....
https://knews.kathimerini.com.cy/en/business/soaring-prices-of-fruits-and-vegetables-hitting-consumers-hard
Cypriot consumers are feeling the pinch as the prices of fruits, vegetables, and greens have surged, making it harder for households to purchase these essential goods....
https://knews.kathimerini.com.cy/en/news/two-elephants-drown-as-severe-floods-hit-thai-sanctuary
Northern Thailand has been ravaged by severe flooding in recent weeks, worsened by Typhoon Yagi, which amplified the region's seasonal monsoon rains....
https://knews.kathimerini.com.cy/en/news/olive-oil-and-potato-prices-surge-in-cyprus-by-over-50
Olive oil and potatoes saw the largest annual price increases in September 2024, surging by 61.3% and 57.7% respectively, according to data from the Cyprus Consumer Association....
https://knews.kathimerini.com.cy/en/news/cyprus-dirty-waste-secret-haunts-ex-minister-eyeing-eu-job
A waste management scandal in Cyprus is casting a shadow over former environment minister Costas Kadis, just as he seeks a prominent position in the European Union....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-hike-mortgage-rates-as-new-loans-drop-by-a-third-in-august
Banks in Cyprus raised the interest rates on home loans in August, while reducing the interest rates offered on household deposits, according to data released by the Central Bank of Cyprus on Wednesday....
https://knews.kathimerini.com.cy/en/news/cabinet-greenlights-solar-water-heating-grants-up-to-€900
The Cabinet approved a grant scheme on Wednesday aimed at installing solar water heating systems in homes, according to Energy, Commerce, and Industry Minister Giorgos Papanastasiou....
https://knews.kathimerini.com.cy/en/news/cyprus-credit-rating-upgraded-due-to-strong-economy-and-lower-debt
Rating Agency Capital Intelligence Ratings (CI) has upgraded Cyprus’ Long-Term Foreign Currency Rating (LT FCR) and Short-Term FCR (ST FCR) to ‘BBB’ and ‘A2’, respectively, from ‘BBB-’ and ‘A3’, maintaining a positive outlook....
https://knews.kathimerini.com.cy/en/news/electricity-subsidies-and-zero-vat-on-essentials-to-end-on-october-1st
The Ministry of Finance announced today that starting October 1, 2024, it will stop the staggered electricity subsidy and the zero VAT rate on basic goods. These measures were designed to help households deal with rising costs of living....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-have-€28-7-billion-in-cash-and-liquidity
The amount of liquidity in Cyprus's banking system rose to €28.7 billion in August 2024, according to the Central Bank of Cyprus (CBC). This increase was fueled by a growth in deposits alongside a decline in loans....
https://knews.kathimerini.com.cy/en/news/127-236-people-in-cyprus-were-at-risk-of-poverty-in-2023
Nearly 14% of people in Cyprus were at risk of poverty in 2023, according to a new report from the Statistical Service of Cyprus. This means around 127,236 individuals lived on a yearly disposable income of €11,324 or less....
https://knews.kathimerini.com.cy/en/business/tighter-lending-rules-for-businesses-while-household-loans-remain-steady
Cypriot banks made it harder for businesses to get loans in the second quarter of 2024, while lending rules for households stayed the same, according to a new survey by the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/news/cypriot-loan-servicers-struggle-as-red-loans-hit-€21-2b
While non-performing loans (NPLs) in Cypriot banks are gradually declining, the situation remains dire for "red loans" held by loan acquisition companies, or "servicers." ...
https://knews.kathimerini.com.cy/en/news/elderly-defrauded-of-€40-000-in-utility-worker-scam
A group of Roma individuals continues to defraud elderly people by posing as employees of the Greek Public Power Corporation (DEI) and the Hellenic Telecommunications Organization (OTE), aiming to steal money....
https://knews.kathimerini.com.cy/en/news/tito-jackson-jackson-5-founding-member-dies-at-70
Tito Jackson, a founding member of the iconic Jackson 5, has passed away at age 70. His death was first reported by "Entertainment Tonight," with confirmation from family friend Steve Manning and his nephew Siggy Jackson....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-reduces-loan-rates-to-3-65-amid-ecb-policy-shift
The Bank of Cyprus is lowering the reference interest rate on loans linked to the European Central Bank’s (ECB) base rate, effective Sept. 18, 2024....
https://knews.kathimerini.com.cy/en/news/what-makes-a-good-salary-across-europe-s-capitals
What constitutes a good salary in Europe can vary greatly depending on several factors, including profession, education, and individual expectations. ...
https://knews.kathimerini.com.cy/en/news/cyprus-greece-electricity-project-meeting-set-for-tuesday
A meeting scheduled for next Tuesday on the Cyprus-Greece electricity interconnection project is considered crucial by all parties involved, government spokesman Konstantinos Letymbiotis said Friday....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-higher-borrowing-costs-lower-deposit-rates-in-july
Interest rates on consumer loans and mortgages in Cyprus increased in July, according to the Central Bank of Cyprus (CBC). The rate for consumer credit climbed to 6.67% from 6.18% in June, while the rate for home loans rose to 4.59% from 4.52%....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-report-€164-7-million-deposit-increase-in-july
Total deposits in Cyprus’ banks recorded a net increase of €164.7 million in July 2024, compared with a net decrease of €44.1 million in June 2024, according to figures released on Wednesday by the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/news/government-s-solar-panel-scheme-attracts-6-000-applicants
The Energy Ministry expressed satisfaction on Saturday on the response its scheme ‘’photovoltaics for all’’ had among the consumers....
https://knews.kathimerini.com.cy/en/news/russian-industrial-giants-warn-of-bankruptcy-amid-sanctions-impact
More than 20 major Russian industrial companies, including those in the construction, automotive, and household appliance sectors, have warned they are on the brink of bankruptcy and could halt operations. In a letter to Anton Alikhanov......
https://knews.kathimerini.com.cy/en/news/ema-slams-eac-for-undermining-electricity-market-competition
The Electricity Market Association (EMA) is expressing concern over recent requests made by the Electricity Authority of Cyprus (EAC) to President Nicos Christodoulides....
https://knews.kathimerini.com.cy/en/business/cyprus-inflation-slows-to-2-4-in-july
Consumer prices in Cyprus are rising more slowly, with the annual inflation rate dropping to 2.4% in July, down from 3% in June, according to the Statistical Service of Cyprus (Cystat)....
https://knews.kathimerini.com.cy/en/life/young-cypriot-preserves-traditional-basketry-craft
At just 36 years old, Athinodoros Georgiou from Pachyammos Tillyria is dedicated to preserving the art of basketry, a tradition passed down from his grandparents. His passion for this craft began in childhood, inspired by his grandparents' involvement in traditional arts....
https://knews.kathimerini.com.cy/en/news/cyprus-is-growing-older-and-smarter
Cyprus' population is aging and becoming more educated, according to final results from the 2021 Census of Population and Housing released on Friday by the Statistical Service. Conducted in government-controlled areas, the census recorded a population of 923,381 as of October 1, 2021, reflecting a 9.9% increase from the 2011 census....
https://knews.kathimerini.com.cy/en/news/cats-show-grief-after-a-pet-dies-study-finds
Cats are often seen as independent and aloof, but new research suggests they may grieve the loss of a fellow pet, challenging the perception of them as antisocial creatures....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-fuel-price-drop-by-2-3-cents
Cypriot households burdened by rising living costs are getting a reprieve as fuel prices drop, with further reductions expected by the end of August....
