https://knews.kathimerini.com.cy/en/business/ministry-on-high-alert-as-fuel-prices-soar-globally
Constantinos Karagiorgis, Director of the Consumer Protection Service at the Ministry of Commerce, Energy, and Industry, has noted a concerning and continuous rise in fuel prices on the international stage. ...
https://knews.kathimerini.com.cy/en/news/essentials-get-affordable-from-november-2023
In a significant development, the Greek Tax Department has announced that the Ministerial Council, during its session on September 13, 2023, has given the green light to an official decree that modifies the VAT legislation. ...
https://knews.kathimerini.com.cy/en/news/bank-refunds-$500-000-to-elderly-customer
From Australia comes a story of corporate responsibility in the face of personal tragedy as an elderly national bank depositor had nearly AUD$500,000 returned to him out of the bank’s own pockets.
...
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-skyrockets-to-3-1-in-august
The annual inflation rate in Cyprus saw a rise to 3.1% in August 2023, up from 2.4% in July....
https://knews.kathimerini.com.cy/en/business/ey-achieves-record-global-revenue-of-nearly-$50-billion
EY reports record global revenue results of just under US$50b...
https://knews.kathimerini.com.cy/en/news/the-missing-piece-in-greek-turkish-diplomacy
The public discourse has been flooded with commentaries in favor or against the ongoing efforts for a Greek-Turkish rapprochement....
https://knews.kathimerini.com.cy/en/news/christodoulides-to-confer-with-eu-commission-chief-in-nyc
Cyprus President, Nikos Christodoulides, will meet on Monday in New York with the President of the European Commission Ursula Von der Leyen who is in New York for the 78th UN General Assembly....
https://knews.kathimerini.com.cy/en/news/death-toll-in-libya-floods-at-11-300-as-more-bodies-wash-ashore
International rescue teams in Libya are calling for more help to retrieve the bodies of victims killed in devastating floods that swept through the eastern city of Derna, killing thousands....
https://knews.kathimerini.com.cy/en/business/ssm-chief-urges-banks-to-be-prudent-amidst-soaring-profits
The Chairman of the Single Supervisory Mechanism (SSM), Andrea Enria, has emphasized that the gains from high interest rates for banks will eventually come to an end....
https://knews.kathimerini.com.cy/en/comment/opinion/the-mediterranean-s-wake-up-call
The devastating aftermath of the natural disaster in the Thessalian Plain leaves no one untouched. We cannot afford complacency in the face of such a biblical catastrophe, merely observing from the safety of our couches....
https://knews.kathimerini.com.cy/en/business/zero-vat-rates-fail-to-curb-price-surges
Many products subject to zero VAT rates saw unexpected price increases in July 2023, according to a report by Kathimerini The Consumer Association has raised concerns about the effectiveness of this measure following recent additions to the list of zero-rated items....
https://knews.kathimerini.com.cy/en/news/flames-rage-at-geri-recycling-plant
Fire ignited at 05:42 on Friday morning, engulfing a recycling plant located in the heart of the Industrial Area in Geri....
https://knews.kathimerini.com.cy/en/news/real-estate-prices-surge-by-7-7
The prices in the Cyprus real estate market have been going up in recent years....
https://knews.kathimerini.com.cy/en/news/government-cuts-interest-income-rates-from-30-to-17
The Cyprus government decided to slash taxation on interest income from 30% to 17%, Finance Minister Makis Keravnos said on Wednesday, noting that banks should follow suit in boosting income for depositors.
...
https://knews.kathimerini.com.cy/en/business/wizz-air-faces-reduced-christmas-flight-schedule-due-to-engine-faults
Wizz Air has been forced to ground some of its planes and warned it would run fewer flights over Christmas after faults were uncovered in engines used by Airbus....
https://knews.kathimerini.com.cy/en/news/unprecedented-disasters-prompt-urgent-calls-for-risk-assessment-review
Unfortunately, this year has been a game changer in terms of risk prediction as the scale and impact of recent disasters has been unprecedented, Dr. George Boustras, ...
https://knews.kathimerini.com.cy/en/news/fuel-prices-surge-electricity-rates-hold-steady
Fuel prices are set to rise by 2-2.5 cents per liter for diesel and slightly less for unleaded gasoline, effective today at petrol stations....
https://knews.kathimerini.com.cy/en/news/ai-reveals-4-year-old-s-diagnosis
During the COVID-19 lockdown, Courtney bought a bounce house for her two young children. Soon after, her son, Alex, then 4, began experiencing pain....
https://knews.kathimerini.com.cy/en/business/ceo-confidence-in-artificial-intelligence-tempered-by-social-ethical-and-security-risks
CEOs globally are embracing opportunities created by AI, but also remain wary of unknown, unintended consequences, according to the findings of the latest EY CEO Outlook Pulse survey. ...
https://knews.kathimerini.com.cy/en/comment/opinion/how-cyprus-s-abstention-shook-us-trust-and-diplomacy
The release of secret documents, usually from the US and Britain, a few years later, sheds light on important moments in history....
https://knews.kathimerini.com.cy/en/news/us-anti-corruption-chief-shines-spotlight-on-cyprus
Richard Nephew, the Coordinator on Global Anti-Corruption at the US State Department, emphasized the severe consequences of corruption on economies and international investments during his visit to Cyprus....
https://knews.kathimerini.com.cy/en/news/orange-alert-stormy-skies-ahead
On Monday morning (11/09), the Department of Meteorology issued an orange warning, in effect from 11:00 a.m. to 6:00 p.m....
https://knews.kathimerini.com.cy/en/comment/opinion/is-jack-straw-s-position-the-way-forward
In an opinion piece on Politico's website, Jack Straw, a former UK Foreign Minister (2001-2006) and Labour MP from 1979 to 2015, shared his thoughts on Cyprus joining the European Union in 2004, the EU's Inter-Governmental Conference (IGC), and how to solve the Cyprus issue. In summary, he argued that Cyprus should not have joined the EU in 2004 without resolving the Cyprus problem first. ...
https://knews.kathimerini.com.cy/en/business/techisland-awards-the-highly-anticipated-awards-ceremony-of-the-tech-sector
The winners of the first ceremony in 7 categories...
https://knews.kathimerini.com.cy/en/news/greece-grapples-with-deadly-floods-amidst-storm-daniel
Central Greece faces a dire situation as heavy rains from Storm Daniel have led to severe flooding in multiple areas. According to a report by Greek Reporter, the village of Palamas has been transformed into a massive lake,...
https://knews.kathimerini.com.cy/en/news/president-promises-air-conditioning-for-all-schools-in-three-years
In a visit to Acropolis High School to mark the beginning of the new school year, President Nicos Christodoulides pledged that within the next three years, air conditioning would be installed in all school facilities....
https://knews.kathimerini.com.cy/en/news/two-tourists-found-alive-in-storm-ravaged-south-pelion
As the relentless storm named "Daniel" pounded the tranquil enclave of South Pelion, Deputy Mayor Demetris Parisiades delivered distressing updates to "K" News on Tuesday evening, compounding the anxiety gripping this serene region....
https://knews.kathimerini.com.cy/en/news/inland-temperatures-soar-to-37°c-amidst-unstable-weather
In an unexpected meteorological turn, the Daniel system has taken center stage, ushering in shifting weather patterns across central Mediterranean and Greece....
https://knews.kathimerini.com.cy/en/news/daniel-s-rampaging-waters-send-vehicles-adrift
Severe devastation has been wrought by the recent inclement weather known as ''"Daniel'' along the coastal region of Pelion, particularly impacting the village of Agios Ioannis....
https://knews.kathimerini.com.cy/en/news/frontex-predicts-increased-migration-from-turkey
Cyprus and Greece are likely to face “increased migration activity’’ from Turkey in the period 2023/2024, EU border agency Frontex says in a risk analysis, published on Monday....
