https://knews.kathimerini.com.cy/en/news/half-of-cyprus-loans-vulnerable-to-euribor-and-ecb-rates
Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....
https://knews.kathimerini.com.cy/en/news/life-expectancy-in-cyprus-drops-amid-covid-turbulence
Life expectancy in Cyprus took a hit, decreasing by a year, reveals the latest European Commission health profile.
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https://knews.kathimerini.com.cy/en/news/the-big-decision-minister-s-plan-for-wage-boost
In a recent Labour Advisory Body session, Minister Yiannis Panayiotou remained tight-lipped about the upcoming announcement on the national minimum wage....
https://knews.kathimerini.com.cy/en/business/businesses-to-cut-greenhouse-gas-targets-by-10
Businesses revise climate targets as reality of long-term sustainability transformation hits. Sustainability progress plateaus as short-term pressures and external forces hit CSO agenda....
https://knews.kathimerini.com.cy/en/news/high-pressure-weakens-unleashing-mixed-conditions
In a weather twist, weak high pressure is currently impacting our region, setting the stage for a series of atmospheric changes in the coming days.
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https://knews.kathimerini.com.cy/en/news/thousands-flee-as-iceland-s-volcano-roars-to-life
Molten rock is putting on a fiery show in Iceland as a volcano erupts following weeks of seismic activity. The Icelandic Meteorological Office reports lava spewing from a 3.5km crack in the Reykjanes peninsula, triggering rapid growth....
https://knews.kathimerini.com.cy/en/business/us-led-naval-coalition-forms-to-protect-red-sea-shipping-routes
In response to a surge in attacks by Iran-backed Houthi rebels on commercial shipping, the United States, along with more than half a dozen allies, has launched Operation Prosperity Guardian, a reinforced naval task force in the Red Sea, according to a report in the Financial Times....
https://knews.kathimerini.com.cy/en/news/preventive-pediatrics-expansion-center-takes-on-eight-more-diseases
''The CPP has been carrying out a project on behalf of the State for 35 years and covers the needs of the entire population of the country free of charge on a voluntary basis'', says Fotini Tsiridou, the president of the Association of Friends of the Center of Preventive Pediatrics ''Amerikos Argyriou'' and councillor of DISY, to ''K''....
https://knews.kathimerini.com.cy/en/news/eu-s-schinas-criticizes-veto-use-stresses-need-for-compromise
European Commission Vice President Margaritis Schinas voiced concerns about the use of the veto as a primary defense tactic, stating that it hinders compromise rather than facilitating it....
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/cbc-warns-of-non-performing-loan-surge-amid-economic-challenges
The Central Bank of Cyprus (CBC) issued a warning on Monday, cautioning about the potential influx of non-performing loans (NPLs) driven by high-interest rates and inflation, which are impacting households' disposable income and businesses' profitability....
https://knews.kathimerini.com.cy/en/news/eu-s-media-law-shift-sparks-concerns-for-journalists
It doesn't come as a shock that, in the debate over the European Media Freedom Act between EU Council member states and the European Parliament, the EU Council incorporated a paragraph into its negotiating stance, stating that national security should be an exception when prohibiting surveillance of journalists and related practices....
https://knews.kathimerini.com.cy/en/news/cyprus-and-the-porn-industry-high-tech-hub-exposed
For many years, the Republic of Cyprus, due to its art visa law, served as a hub for white flesh trafficking....
https://knews.kathimerini.com.cy/en/business/workforce-crisis-grips-cyprus-as-12-000-job-vacancies-surge
In the hotel, catering, and retail sectors, an estimated 12 thousand personnel needs have prompted relevant professional associations to jointly appeal to the Ministry of Labour, seeking simplified procedures for hiring staff from third countries....
https://knews.kathimerini.com.cy/en/news/joseph-borghese-receives-academico-honorario-title-from-mexico
Joseph Borghese has been honored as the first Cypriot to receive the esteemed 'Académico Honorario' (Honorary Academic) title from Mexico. ...
https://knews.kathimerini.com.cy/en/news/lisbon-s-homes-unaffordable-as-prices-hit-record-highs
In a dramatic twist, Lisbon finds itself grappling with a housing crisis, ranking second only to Athens in soaring housing costs among major European cities, reports Bloomberg. ...
https://knews.kathimerini.com.cy/en/news/themis-themistocles-signals-potential-2024-interest-rate-cut
In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...
https://knews.kathimerini.com.cy/en/news/volunteer-doctors-from-cyprus-to-support-gaza-s-civilians
In a significant initiative, a four-member team from ''Volunteer Doctors - Cyprus,'' formerly known as Doctors of the World, is gearing up for a medical-humanitarian mission to Egypt.
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https://knews.kathimerini.com.cy/en/news/ongoing-investigation-reveals-insights-into-guardsman-s-2005-death
In the ongoing investigation into the death of National Guardsman Thanasis Nikolaou in 2005, anthropologist Eleftheria Harilaou testified about examining his exhumed bones....
https://knews.kathimerini.com.cy/en/news/christodoulides-emphasizes-seriousness-in-addressing-cyprus-problem
In his remarks upon arrival for the European Council meeting in Brussels, President of the Republic Nicos Christodoulides emphasized the need for seriousness in addressing the Cyprus problem, ...
https://knews.kathimerini.com.cy/en/news/tesla-recalls-over-2m-vehicles-following-autopilot-safety-concerns
In response to safety concerns related to its Autopilot system, Tesla is initiating a massive recall, impacting more than 2 million vehicles across its entire model range....
https://knews.kathimerini.com.cy/en/news/how-cyprus-and-chevron-found-common-ground
The resolution of the dispute between the Republic of Cyprus and Chevron Cyprus Limited, the operator of the Aphrodite field, appears largely satisfactory to both parties....
https://knews.kathimerini.com.cy/en/news/the-climb-to-success-in-the-public-sector-pay-scale
The Ministry of Finance has officially disclosed the main provisions of the agreement reached with trade unions PASYDY and FCC, outlining significant salary advancements for public and broader public sector employees, including those within Local Government Authorities. ...
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-ceo-on-65-years-challenges-and-future-strategies
Deloitte Cyprus celebrates 65 years of presence on the island, playing a major role in the financial affairs of the state....
https://knews.kathimerini.com.cy/en/news/state-employees-brace-for-25-30m-euro-salary-squeeze
The agreement signed with unions PASYDYS and SEK is set to bring an annual cost of 25-30 million euros, impacting state employees and those in the wider public sector....
https://knews.kathimerini.com.cy/en/news/ministry-reverts-vat-refund-amount-to-€50
The Ministry of Finance's new circular set to change in 2024, altering the decision that foresaw an increase in the minimum expenditure from €50 to €175. ...
https://knews.kathimerini.com.cy/en/news/balcony-collapse-shakes-limassol
In the early hours of the morning, a residential block on Nafpliou Street in Limassol was thrust into chaos as balconies on multiple floors of an apartment building gave way. ...
https://knews.kathimerini.com.cy/en/news/biden-playing-into-putin-s-hands-on-ukraine-aid-threat
In a bold statement, President Joe Biden minced no words as he warned Republicans about unwittingly aiding Russian President Vladimir Putin....
https://knews.kathimerini.com.cy/en/business/stephanis-leads-the-charge-in-€17-7m-commercial-venture
Alexandros Stephanis & Co Ltd is making waves in the real estate scene with a visionary €17.7 million mixed commercial and residential development....
https://knews.kathimerini.com.cy/en/news/minors-still-held-in-adult-prisons-urgent-action-needed
In a concerning development, legislation addressing the detention of minors in adult prisons remains stalled since 2021....
