https://knews.kathimerini.com.cy/en/news/ferrari-to-launch-its-first-electric-only-car-in-2025
Ferrari is aiming for two of every five cars it sells to be fully electric by 2030, as the luxury brand tries to marry the need to reduce emissions with a reputation built on the prowess of its traditional engines....
https://knews.kathimerini.com.cy/en/news/us-fed-raises-interest-rates-by-75-largest-hike-in-30-years
The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-dilemmas-of-war-and-pandemic
Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely.
...
https://knews.kathimerini.com.cy/en/news/cyprus-airports-to-help-combat-human-trafficking
The Ministry of Interior, the Cyprus Police, and the Social Welfare Services in collaboration with Hermes Airports have launched a joint campaign at Larnaka and Pafos airports to raise awareness of human trafficking among the traveling public and its front-line staff....
https://knews.kathimerini.com.cy/en/business/the-15-branches-of-bank-of-cyprus-that-are-closing
The restructuring plan will go ahead by July 4 - There will be 60 left while it will also reduce ATMs...
https://knews.kathimerini.com.cy/en/news/cyprus-feeling-the-effects-of-russian-flight-ban
Cyprus' tourism industry is taking a huge hit from the lack of Russian and Ukrainian tourists, with an estimated loss of €600 million this year alone....
https://knews.kathimerini.com.cy/en/news/staff-shortages-lead-to-travel-chaos-at-european-airports
Even though the COVID-19 travel restrictions have already been lifted in the majority of European Union states, travellers continue facing other inconveniences at European airports....
https://knews.kathimerini.com.cy/en/news/immigrant-arrivals-will-more-than-double-in-2022
The official data on illegal arrivals in territories controlled by the Republic of Cyprus are alarming. For the first half of 2022, the number of asylum seekers has skyrocketed, compared to 2021, with the current year looking to break a decade's old record....
https://knews.kathimerini.com.cy/en/news/torrential-downpours-cause-havoc-in-some-parts-of-the-island
Torrential downpours and heavy rains hit several areas of the island today, causing some havoc in certain areas and on some parts of the highways....
https://knews.kathimerini.com.cy/en/business/ey-announces-4-new-partners-in-cyprus-and-welcomes-new-head-of-consulting
EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....
https://knews.kathimerini.com.cy/en/news/greece-preparing-for-mass-migrant-entry-from-turkey
Amid rising tensions with Turkey, plans are being drafted to deal with the possibility of an attempted mass entry of migrants into Greece at the instigation of Ankara, in a repeat of the spring 2020 incident at the Evros land border....
https://knews.kathimerini.com.cy/en/news/turkey-s-lack-of-progress-will-delay-accession-talks-with-the-eu
The European Parliament cannot envisage a resumption of negotiations for the accession of Turkey into the EU without clear and significant progress in the field of rule of law and fundamental rights, ...
https://knews.kathimerini.com.cy/en/news/eu-strikes-deal-on-adequate-minimum-wage-in-member-states
With a deal struck on Monday night, Parliament and Council negotiators agreed on EU rules to set adequate minimum wages, as provided by national law and/or collective agreements....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-why-are-we-all-working-so-hard
The idea that technology can liberate us from the drudgery of work is a powerful one. It has also been a powerful disappointment, at least so far....
https://knews.kathimerini.com.cy/en/business/an-increasing-number-of-bounced-checks-were-recorded-by-the-cbc
The number and amount of bounced cheques recorded in the Central Bank of Cyprus' (CBC) preliminary Central Information Register (CIR), showed an upward trend in the first five months of 2022, according to data released Tuesday....
https://knews.kathimerini.com.cy/en/news/greece-on-alert-bracing-for-all-possible-scenarios
Athens is reportedly on full alert even for the most extreme scenario on the part of Ankara, given that Turkish President Recep Tayyip Erdogan is under pressure domestically and resorting to increasingly incendiary rhetoric....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-looking-for-answers
There are many major issues that need to be addressed, many of them divisive, before a new president is to be elected in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/no-end-in-sight-to-weekly-price-hikes-in-fuel
Increases in fuel prices are taking place almost on a weekly basis, according to gas station owners. ...
https://knews.kathimerini.com.cy/en/business/cost-of-living-crisis-pushing-people-to-become-airbnb-hosts
A recent study by Airbnb conducted with more than 70,000 EU hosts and guests reveals for the first time that the cost-of-living crisis is pushing people to become hosts on Airbnb....
https://knews.kathimerini.com.cy/en/news/turkish-opposition-backs-erdogan-over-greek-island-claims
The Turkish opposition Republican People’s Party (CHP) has expressed its agreement with the recent government escalation vis-à-vis Greece and indicated that it would support President Recep Tayyip Erdogan if he decided to go through with a threat to challenge the sovereignty of Greek islands in the eastern Aegean....
https://knews.kathimerini.com.cy/en/news/885-000-passengers-passed-through-larnaka-and-pafos-airports-in-may
According to a press release by Hermes Airports, passenger traffic in May is at 78.3% of the corresponding month of 2019, a year in which a record passenger traffic was recorded at Larnaka and Pafos airports....
https://knews.kathimerini.com.cy/en/news/nicosia-on-the-defense-over-ill-timed-israeli-drill
Cypriot diplomats were on the defensive this week after a joint military exercise with Israel sent jitters in the region, with Nicosia finding itself in a predicament with Tehran and Beirut as well as usual suspect Turkey...
https://knews.kathimerini.com.cy/en/business/fee-free-cash-withdrawals-at-supermarkets-and-bakeries
Following an international trend, consumers in Cyprus will now be able to withdraw cash without a fee at participating supermarkets, bakeries, butchers and gas stations. The maximum withdrawal limit is set at 100 euros....
https://knews.kathimerini.com.cy/en/business/industrial-prices-soar-by-19-5-in-cyprus
Cyprus’ Index of Industrial Output Prices for April 2022 reached 123.8 units (base 2015=100), recording an increase of 19.5% compared to the same month last year, according to data published by the island’s Statistical Service (CyStat) on Monday....
https://knews.kathimerini.com.cy/en/news/government-to-grant-one-time-subsidy-for-children-s-tuition
During last week's cabinet meeting, the council of Ministers decided to impose measures to help mitigate inflationary pressures on the general population. ...
https://knews.kathimerini.com.cy/en/news/russia-cautions-us-on-weapons-deployment-in-ukraine
Russia on Wednesday sharply criticized a U.S. decision to supply advanced rocket systems and munitions to Ukraine, warning of an increased risk of a direct confrontation between the two superpowers....
https://knews.kathimerini.com.cy/en/news/cyprus-looking-to-acquire-a-presidential-aircraft
Discussions surrounding the purchase of an official presidential plane return to the fore....
https://knews.kathimerini.com.cy/en/news/103-million-euros-in-support-measures-for-vulnerable-households
Cyprus’ government announced a new package of financial support measures for vulnerable groups of the population, to the tune of 103 million euros on Friday, to offset the impact of inflation and the war in Ukraine....
https://knews.kathimerini.com.cy/en/business/cbc-cryptocurrencies-are-a-potential-risk-to-the-economy
Losing 26% of its value in the last month, Bitcoin and other cryptocurrencies are in danger of dragging the "real economy" with their unpredictable fluctuations....
https://knews.kathimerini.com.cy/en/news/masks-no-longer-required-in-indoor-spaces-as-of-june-1st
Masks will no longer be required in indoor spaces as of June 1st, according to an announcement today from the Ministry of Health....
