https://knews.kathimerini.com.cy/en/news/market-changes-eurobank-s-move-and-economic-struggles
Bank of Cyprus shares were delisted from the Athens Stock Exchange following the 2013 financial crisis and the turbulent merger with Laiki Bank, including the depositor haircut...
https://knews.kathimerini.com.cy/en/news/erdogan-and-tatar-reject-federal-solution-on-50th-anniversary
Yesterday marked the 50th anniversary of the Turkish invasion of Cyprus in July 1974. Over half a century later, Cyprus remains in the same status quo as it had after that fateful day. Consequently, poignant memorials were held across the island, including in the occupied areas....
https://knews.kathimerini.com.cy/en/news/virus-in-newborns-linked-to-autism-risk-study-finds
A common virus in newborns may significantly increase their risk of developing autism, according to a new study....
https://knews.kathimerini.com.cy/en/business/porsche-doubles-the-size-of-the-model-range-for-the-all-electric-macan
First rear-wheel-drive Macan delivers high efficiency
...
https://knews.kathimerini.com.cy/en/news/chamber-of-commerce-warns-of-risks-from-cyprus-1-5-wage-hike
The Cyprus Chamber of Commerce and Industry (CCCI) has expressed concern over a new agreement between the Ministry of Finance and public sector unions to grant a 1.5% general wage increase starting in October 2024....
https://knews.kathimerini.com.cy/en/news/june-sees-price-hikes-on-essentials-as-inflation-rises
Get ready to pay more for everyday items! Prices for many essential goods jumped in June, driving up inflation to 2.9%. This follows a steady rise from 2.4% in April and 2.7% in May....
https://knews.kathimerini.com.cy/en/news/ecb-keeps-interest-rates-steady-amid-mixed-inflation-signals
The European Central Bank decided today to keep its key interest rates unchanged, as anticipated. This means the rates for main refinancing operations, marginal financing, and deposit facilities remain steady at 4.25%, 4.50%, and 3.75%, respectively....
https://knews.kathimerini.com.cy/en/news/cyprus-civil-servants-to-receive-pay-raises-after-15-year-freeze
PASYDY, the public sector union, announced its approval of a new agreement with the Ministry of Finance to grant pay raises to civil servants beginning October 1, 2024. The deal was reached during today's Joint Staff Committee meeting....
https://knews.kathimerini.com.cy/en/news/rising-costs-of-utilities-and-dining-out-are-hitting-home
The Harmonised Index of Consumer Prices (HICP) in Cyprus remained steady at 3% in June, according to data released on Wednesday by the Cyprus Statistical Service (CyStat). ...
https://knews.kathimerini.com.cy/en/news/lot-polish-airlines-expand-routes-to-cyprus-for-2025
LOT Polish Airlines has announced the resumption of flights to Larnaca Airport, marking a significant return after a two-year hiatus. ...
https://knews.kathimerini.com.cy/en/news/biden-tests-positive-for-covid-19-shifts-duties-to-delaware
President Joe Biden has tested positive for COVID-19 while on a trip to Las Vegas, the White House confirmed Wednesday. ...
https://knews.kathimerini.com.cy/en/news/soaring-insurance-costs-push-global-shipping-rates-up-233
Global trade has faced immense pressure since last October when the war in the Near East erupted following the terrorist attack by the Palestinian group Hamas against Israel. ...
https://knews.kathimerini.com.cy/en/news/cyprus-gears-up-for-a-brilliant-summer-day
A yellow warning for extreme maximum temperatures will be in effect today from 11 a.m. to 5 p.m., according to the Department of Meteorology....
https://knews.kathimerini.com.cy/en/business/over-1-65-million-visitors-mark-a-2-4-increase-in-cyprus-tourism
Tourist arrivals in Cyprus surged past 1.65 million in the first half of 2024, marking a 2.4% increase from the previous year, according to the Statistical Service of Cyprus (CyStat). The influx of visitors in June, the start of the summer season, rose by 5.5% compared to June 2023....
https://knews.kathimerini.com.cy/en/news/mykonos-tourism-decline-linked-to-high-costs
International air traffic to Mykonos is on a downward trajectory for another year, according to plans for available seats that airlines have for this summer so far....
https://knews.kathimerini.com.cy/en/news/russian-tech-professionals-flock-to-cyprus-despite-sanctions
A recent study by the PACE think tank has underscored the profound transformation of Cyprus' economy amid Western sanctions and the aftermath......
https://knews.kathimerini.com.cy/en/news/yellow-heat-warning-issued-for-today
The meteorology department has issued a yellow warning for high temperatures, effective from 1:00 p.m. to 4:00 p.m. today. We're expecting the interior to reach a scorching 41 degrees Celsius....
https://knews.kathimerini.com.cy/en/comment/opinion/are-we-in-a-real-estate-bubble
The real estate market has been steadily rising since 2015, marking the ninth consecutive year of growth in the sector. However, this broad trend has not been without fluctuations, particularly influenced by the economic disruptions of the pandemic era. Monthly analyses of transaction numbers and volumes from this platform illustrate these ups and downs....
https://knews.kathimerini.com.cy/en/news/wizz-air-celebrates-8m-passengers-milestone-at-larnaca-airport
Wizz Air, the most sustainable airline globally*, is delighted to announce a significant milestone at Larnaka International Airport, with the airline reaching 8 million passengers traveling to and from Larnaka International Airport since commencing operations in Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-seeks-eu-support-to-keep-youth-in-countryside
Cyprus is seeking support from the European Union in its efforts to bring about the demographic regeneration of its rural areas, Minister for Agriculture Maria Panayiotou......
https://knews.kathimerini.com.cy/en/news/sunny-start-with-afternoon-showers-possible
Cyprus is set for a mix of clear skies and some scattered showers today. ...
https://knews.kathimerini.com.cy/en/news/ukrainian-startups-build-low-cost-robot-army-to-combat-russia
Facing manpower shortages, overwhelming odds, and uneven international assistance, Ukraine is looking to an unlikely source for a strategic edge against......
https://knews.kathimerini.com.cy/en/news/un-project-boosts-water-access-for-cyprus-wildlife-in-buffer-zone
It's impossible not to be moved by the climate and wildlife of Cyprus, particularly in dry regions like the buffer zone, abandoned since the Turkish invasion of 1974....
https://knews.kathimerini.com.cy/en/news/sunny-skies-with-a-chance-of-showers
Cyprus will enjoy mostly sunny weather today, though clouds will develop gradually, bringing a chance of isolated showers and thunderstorms, especially in the mountains and some interior regions after noon....
https://knews.kathimerini.com.cy/en/business/cyprus-surges-in-high-speed-internet-and-tech-jobs
Cyprus is making notable progress in its digital transformation, with coverage of very high capacity networks (VHCN) reaching 77.1% in 2023, a 28.5% increase from the previous year, according to the Deputy Ministry of Research, Innovation, and Digital Policy....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-less-road-violations-as-traffic-cam-system-grow
The Ministry of Transport, Communications, and Works has reported a gradual decline in road violations at locations equipped with light marking systems during the second quarter of 2024, according to a recent statement. ...
https://knews.kathimerini.com.cy/en/business/cyprus-boomed-in-2022-with-more-jobs-and-better-services
Cyprus saw a widespread boost in economic activity last year, according to the latest Services and Transport Survey by Cyprus' statistical agency....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-faces-€25-million-hit
The president of the Cyprus Hotel Association (PASYXE), Thanos Michaelides, has highlighted the urgent need to extend the tourist season and increase the number of year-round hotel operations. ...
https://knews.kathimerini.com.cy/en/news/cyprus-advances-road-safety-with-intelligent-transport-systems
In a bid to modernize its main road network and bolster transport safety, Cyprus is rolling out state-of-the-art intelligent transport systems (ITS) across key routes. ...
https://knews.kathimerini.com.cy/en/news/storm-s-a-brewin-and-we-couldn-t-be-happier
In a twist of good fortune (maybe?!), the Met Office issued a yellow storm warning this Thursday morning—perhaps the only time you'll welcome a storm warning with open arms. After all, anything to break the sweltering heat, right?...
