https://knews.kathimerini.com.cy/en/news/141-million-people-have-passed-through-barricades-in-20-years
The Press and Information Office reported that, according to an April 29 article from the Halkin Seshi newspaper, a grand total of 141 million individuals have traversed the barricades towards the occupied or free areas since the opening on April 23, 2003....
https://knews.kathimerini.com.cy/en/business/employers-and-trade-unions-clash-over-cola-index-proposal
Today, Wednesday, May 3rd, employers will have a meeting regarding the Cost of Living Adjustment (CoLA) index, and on Thursday, May 4th, the trade unions will have theirs....
https://knews.kathimerini.com.cy/en/news/banks-announce-measures-on-interest-rates
Since July 2022, lending rates in Cyprus have risen by 3.5%, putting borrowers in a difficult position with dangerously increasing loan repayments....
https://knews.kathimerini.com.cy/en/news/0-vat-on-bread-milk-eggs-and-diapers
The Council of Ministers has approved a Decree during today's session, which imposes a zero VAT rate on the delivery of certain products until October 31, 2023. These products include bread, milk, eggs, baby food, baby diapers, feminine hygiene products, and adult diapers....
https://knews.kathimerini.com.cy/en/news/decline-in-asylum-approvals-in-cyprus-in-2022
According to data from Eurostat, the statistical service of the EU, EU countries granted protection status to 384,245 asylum seekers in 2022, up 40% from the previous year. However, in Cyprus, there was a significant decrease in protection status, with only 580 cases being granted (compared to 2,305 in 2021)....
https://knews.kathimerini.com.cy/en/news/cyprus-deposits-reach-€51-9b-loans-at-€25-1b-in-march-2023
Total deposits reached €51.9 billion in March 2023, while total loans stood at €25.1 billion, according to data published by the Central Bank of Cyprus on Tuesday, in the April 2023 edition of Monetary and Financial Statistics....
https://knews.kathimerini.com.cy/en/news/100-cypriot-wines-to-feature-new-winecore-logo-on-packaging
The wine industry in Cyprus is at a turning point, as coordinated upgrading and promotion efforts are underway in both the private and public sectors. ...
https://knews.kathimerini.com.cy/en/news/labor-minister-proposes-compromise-on-cola-issue
Labour Minister Yiannis Panagiotou presented a mediation proposal on the CoLA issue to trade unions and employers' organizations on Friday morning (28/04)....
https://knews.kathimerini.com.cy/en/news/greek-american-think-tank-reaffirms-cyprus-commitment
The American Hellenic Institute says it is committed to continuing to strengthen US-Cyprus relations, following a visit by delegates to the island to emphasize military ties between the two countries...
https://knews.kathimerini.com.cy/en/news/household-electricity-and-gas-prices-surge-across-eu-in-2022
In the second half of 2022, average household electricity prices in the EU continued to show a sharp increase compared with the same period in 2021, from 23.5 euros per 100 kWh to 28.4 euros per 100 kWh in the EU, and from 23.0 euros per 100 kWh to 32.6 euro per 100 kWh in Cyprus, according to data released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/business/deutsche-bank-to-slash-800-jobs-as-part-of-new-cost-cutting-initiative
Deutsche Bank to cut 800 jobs in a new cost-saving drive after reporting a bigger-than-expected rise in profit for the first quarter, a volatile period globally for finance companies....
https://knews.kathimerini.com.cy/en/news/cyprus-outlines-new-approach-to-gender-equality
Cyprus ranks 22nd out of 27 EU Member States in terms of gender equality, according to the European Institute for Gender Equality's Indicators, said Commissioner for Gender Equality Josie Christodoulou....
https://knews.kathimerini.com.cy/en/news/unstable-weather-conditions-rain-thunderstorms-and-hail
This is your weather report for today, April 27th. Cloudy skies are expected throughout the day with chances of local rain and isolated thunderstorms. ...
https://knews.kathimerini.com.cy/en/news/lack-of-aircraft-preventing-global-air-travel-recovery
The air travel industry has recently been facing delays in aircraft deliveries, a problem that is not allowing it to fully recover from the pandemic....
https://knews.kathimerini.com.cy/en/news/occupied-areas-cable-cars-planned-for-bellapais-and-saint-hilarion
"The cable cars in Bellapais and Saint Hilarion, which are in the final stages of planning, are among the most significant projects in the development of alternative tourism," said "Minister of Tourism, Environment and Culture" and President of the "TRNC" DK, Fikri Ataoglu....
https://knews.kathimerini.com.cy/en/news/clear-skies-with-locally-increasing-clouds
Good morning, this is your local weather report. The area is currently experiencing weak low pressure which is affecting the weather conditions....
https://knews.kathimerini.com.cy/en/news/eurostat-drop-in-driving-lesson-prices-in-cyprus-and-rise-in-eu
According to data released by Eurostat, prices for driving lessons and relevant services dropped by 1.6% in 2022 in Cyprus, while increasing in all other EU member states and by 4.8% overall in the EU....
https://knews.kathimerini.com.cy/en/comment/opinion/the-real-estate-industry-s-crucial-turning-point
The European Parliament recently approved a new bill that aims to tackle climate change by reducing carbon emissions. This new legislation has significant implications for the property markets in Cyprus and Greece, where there is a large stock of buildings over 30 years old and requiring energy upgrades....
https://knews.kathimerini.com.cy/en/news/cypriot-hourly-wages-still-under-eu-average
In 2022, the average hourly wages and salaries in the whole economy were estimated to be 15.6 euros in Cyprus, 22.9 euros in the EU and 25.5 euros in the euro area, according to data released by Eurostat, the statistical service of the EU. Compared with 2021, they increased by 7.5% in Cyprus, by 4.4% in the EU and by 4.0% in the euro area...
https://knews.kathimerini.com.cy/en/news/1-the-goal-is-1-000-voluntary-returns-per-month-says-ioannou
The government of Cyprus has outlined a four-pillar plan to address immigration issues, according to Interior Minister Konstantinos Ioannou. The first pillar is to limit the flow of asylum seekers entering Cyprus, followed by managing asylum applications and reception areas more efficiently....
https://knews.kathimerini.com.cy/en/news/germany-desperate-for-migrant-workers-to-fill-open-positions
A new study carried out by the Cologne Institute for Economic Research has shown that the worker shortage in Germany has reached an all-time high level. ...
https://knews.kathimerini.com.cy/en/business/finance-minister-considers-lowering-vat-rates-for-basic-necessities
The Minister of Finance of Cyprus, Makis Keravnos, has announced that the Ministry is considering measures for banks and credit-acquiring companies to absorb high-interest rate increases, as well as reducing value-added tax (VAT) for basic necessity products to tackle high prices....
https://knews.kathimerini.com.cy/en/news/trickier-travel-looms-as-eurostar-ends-direct-trains-from-london-to-disneyland-paris
Families that plan to go to Disneyland Paris from the United Kingdom this summer will have to rethink their plan of how to get there as Eurostar is set to end its direct trains from London to this destination....
https://knews.kathimerini.com.cy/en/news/childhood-cancer-rates-in-cyprus-among-the-world-s-highest-says-expert
Children's cancer rates in Cyprus are among the highest in the world, Dr. Loizos Loizou Professor of Pediatrics, Pediatric Oncology, has told CNA, adding that they are investigating the causes....
https://knews.kathimerini.com.cy/en/news/finance-minister-requests-containment-of-lending-rates-for-housing-loans
The Finance Minister of Cyprus, Makis Keravnos, has written letters to the Director General of the Cyprus Banks Association and the Director General of the Association of Credit Acquisition Companies and Credit Facility Managers, requesting measures to control rising lending rates for serviceable loans up to €350,000....
https://knews.kathimerini.com.cy/en/business/numerous-foreclosure-sales-expected-in-2023-and-2024
The COVID-19 pandemic and the subsequent suspension of divestments since 2020 have led to the creation of a considerable volume of properties for disposal that banks and credit purchase companies have on their balance sheets....
https://knews.kathimerini.com.cy/en/business/assets-of-us-and-uk-sanctioned-entities-in-cyprus-will-be-frozen
Cypriot individuals and entities included in UK and US sanctions list will see their assets in the Cypriot banking system frozen and will not be able to carry out any banking transaction in Cyprus, Marios Skandalis, Chief Compliance Officer of Bank of Cyprus, the island’s largest lender has said....
https://knews.kathimerini.com.cy/en/news/cyprus-tourism-surges-with-61-increase-in-q1-2023
Tourist arrivals to Cyprus went up by 61% during the first quarter of 2023, reaching 393,893, compared to 244,705 in the corresponding period of 2022, according to data published by the Cyprus Statistical Service on Tuesday....
https://knews.kathimerini.com.cy/en/news/heatwave-alert-temperature-soars-to-34-degrees-with-hazy-skies
Brace yourself for a scorching heatwave as the temperature hits 34 degrees, while a weak high-pressure system lingers in the area. To add to the discomfort, thin dust particles will hang in the atmosphere until Wednesday, making the air hazy and dusty. Stay cool and take the necessary precautions to beat the heat!...
https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-in-granting-temporary-protection-to-ukrainian-refugees
According to data released by Eurostat, in February 2023, Cyprus recorded the highest ratio of Ukrainian citizens granted temporary protection per thousand people (1.1) among the EU member states with available data, followed by Czechia (0.9)....
