https://knews.kathimerini.com.cy/en/business/hellenic-bank-s-profits-surge-amid-higher-lending-rates
Hellenic Bank, Cyprus’ second-largest lender, has had a strong start to 2024, reporting a net profit of €189 million in the first half of the year—a solid 18% increase from last year. This boost in profit is mainly due to a 30% rise in interest income, driven by higher European Central Bank (ECB) interest rates....
https://knews.kathimerini.com.cy/en/news/government-revenue-boosts-cyprus-surplus-to-€702-5-million
The Republic of Cyprus recorded a significant fiscal surplus of €702.5 million for the period of January to July 2024, according to preliminary General Government fiscal results, released on Friday by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/news/fire-risk-escalates-as-winds-reach-up-to-6-beaufort
The Forestry Department of the Ministry of Agriculture, Rural Development, and Environment has issued a warning about the heightened risk of forest fires due to very strong winds expected from Friday through Sunday....
https://knews.kathimerini.com.cy/en/news/winds-and-sea-conditions-to-intensify-along-coastal-areas
A seasonal low-pressure system is affecting the region, bringing unstable weather conditions expected to intensify from Sunday onward....
https://knews.kathimerini.com.cy/en/news/winds-and-showers-expected-this-weekend
A seasonal low-pressure system is affecting Cyprus, leading to variable weather conditions in the coming days, including occasional strong winds....
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/cera-decision-delay-stalls-cyprus-crete-electrical-cable-project
The Regulatory Authority of Cyprus (CERA) has once again postponed its decision on the timing of cost recovery for the Cyprus-Crete electrical cable project, causing frustration among stakeholders....
https://knews.kathimerini.com.cy/en/news/hot-and-unstable-weather-expected-this-week
A seasonal low-pressure system and unstable air masses are affecting the region, bringing varied weather conditions....
https://knews.kathimerini.com.cy/en/comment/opinion/how-are-political-changes-affecting-turkey-s-military
Given Turkey's status as a major national security threat to our country, assessing the combat readiness of the Turkish Armed Forces (TAF) is crucial....
https://knews.kathimerini.com.cy/en/news/august-sees-deadliest-week-on-cyprus-roads-in-2024
Cyprus has seen a troubling increase in road fatalities so far this year compared to the same period last year....
https://knews.kathimerini.com.cy/en/news/cyprus-has-second-largest-decrease-in-firefighter-jobs-across-eu
The number of firefighters was cut in 12 EU member states, including Cyprus, in 2023, while Cyprus was the country with the second largest drop in the employment of firefighters that year, according to an analysis by the European Trade Union Confederation (ETUC) of EU Labour Force Survey data which was also published recently by Eurostat.
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https://knews.kathimerini.com.cy/en/news/royal-navy-s-hms-duncan-engages-in-maritime-exercise-with-cyprus
Royal Navy destroyer ΗΜS Duncan took part in a joint exercise with the Cyprus National Guard. A post on X posted on Monday by the UK High Commission in Cyprus said that last week, HMS Duncan took part in a joint exercise with the Cypriot National Guard to boost naval cooperation.
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https://knews.kathimerini.com.cy/en/news/clouds-and-rain-to-affect-coastal-and-mountain-areas
A seasonal low-pressure system combined with an unstable air mass will bring intermittent clouds and unsettled weather to the region today....
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/thunderstorms-and-hail-possible-this-afternoon
Today’s weather will start mostly clear after the dissipation of local low clouds....
https://knews.kathimerini.com.cy/en/news/dog-shelter-in-poland-uses-cottages-instead-of-kennels
At Dog Village in Przemysl, Poland, adoptable dogs enjoy a unique living arrangement: their own cottage homes instead of traditional kennels....
https://knews.kathimerini.com.cy/en/news/school-bags-in-cyprus-priced-from-€3-99-to-€209-95
The Cyprus Consumer Association is advising parents and students to be vigilant when shopping for school supplies, as a recent survey reveals a significant variation in prices across the market....
https://knews.kathimerini.com.cy/en/news/cloudy-skies-and-showers
A seasonal low-pressure system is affecting the area, bringing varying weather conditions throughout the day....
https://knews.kathimerini.com.cy/en/news/eurostat-80-6-of-cyprus-graduates-found-jobs-in-2023-below-eu-average
A total of 80.6% of recent graduates in Cyprus were employed in 2023, while the European Union (EU) average stood at 83.5%, according to data published on Wednesday, by Eurostat....
https://knews.kathimerini.com.cy/en/news/cyprus-to-offer-more-affordable-homes-with-cldc-s-three-part-plan
The development programme of the Cyprus Land Development Corporation (CLDC) will move along three pillars in order for the organisation to provide affordable housing for purchase or rent to beneficiaries, is Director General Eleni Symeonidou, has told the Cyprus News Agency, stressing the contribution of the organisation in easing the housing shortage....
https://knews.kathimerini.com.cy/en/news/rains-and-winds-ahead
A seasonal low-pressure system is affecting the region, leading to brief periods of increased cloudiness today....
https://knews.kathimerini.com.cy/en/news/tui-halts-day-trips-to-occupied-areas-of-cyprus
TUI, Europe’s largest tour operator, has announced that it will stop organizing day trips from the free areas of Cyprus to the occupied territories starting August 31. ...
https://knews.kathimerini.com.cy/en/news/paphos-tourist-season-mirrors-2023-july-arrivals-expected-to-match-2019
The 2024 tourist season in Paphos is expected to mirror 2023 levels but fall short of the strong numbers seen in 2019, except for July, which might match 2019 arrivals, according to Euripides Loizides, President of the Paphos Hoteliers Association....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-set-for-major-changes-in-september
September will bring significant shifts for Cyprus's two largest banks....
https://knews.kathimerini.com.cy/en/news/temperatures-expected-to-reach-40°c
The Department of Meteorology issued a yellow weather warning on Tuesday, predicting temperatures will soar to 40°C in the interior on Wednesday....
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/business/gold-hits-historic-$1-million-per-bar-milestone
For the first time, the value of a gold bar has reached $1 million. ...
https://knews.kathimerini.com.cy/en/news/ukraine-intensifies-fight-against-illicit-tobacco-trade
The illicit tobacco trade in Ukraine, one of Europe's most prominent black markets for cigarettes, is sending shockwaves through the economies of neighboring countries,...
https://knews.kathimerini.com.cy/en/business/record-6-6-million-passengers-from-january-to-july-2024
A total of 6.6 million passengers traveled through Cyprus' airports from January to July this year while according to Hermes Airports, passenger traffic in August is expected to surpass 1.5 million people....
https://knews.kathimerini.com.cy/en/news/slight-cooling-expected-as-temperatures-hold-steady
The heatwave eases slightly today, with temperatures staying just under the 40-degree mark....
