https://knews.kathimerini.com.cy/en/news/heathrow-airport-shuts-down-due-to-nearby-fire-flights-diverted
London’s Heathrow Airport, the busiest in the UK, has been forced to close until at least midnight following a major power outage caused by a fire at a nearby electrical substation....
https://knews.kathimerini.com.cy/en/news/cyprus-improves-corruption-ranking-but-challenges-remain
Cyprus has made progress in its fight against corruption, according to Transparency International's 2024 Corruption Perceptions Index (CPI)....
https://knews.kathimerini.com.cy/en/business/trump-hints-at-new-tariffs-on-eu-imports-as-trade-tensions-escalate
US President Donald Trump has suggested that the European Union (EU) could be the next target of US tariffs, following the imposition of 25% levies on imports from Mexico, Canada, and China....
https://knews.kathimerini.com.cy/en/news/cyprus-house-prices-rise-for-11th-consecutive-quarter
House prices in Cyprus are on the rise again, according to the latest figures from the Statistical Service. ...
https://knews.kathimerini.com.cy/en/news/a-little-extra-for-everyone-as-pensions-get-a-new-year-s-boost
The Council of Ministers has approved an increase in pensions from the Social Insurance Fund (TKA) starting in January 2025....
https://knews.kathimerini.com.cy/en/news/consumer-service-price-reductions-in-39-product-categories
The Consumer Protection Service announces the Consumer Product Price Observatory for November 2024....
https://knews.kathimerini.com.cy/en/news/university-of-nicosia-marks-record-achievement-with-17-academics-among-world-s-top-cited-scientists
The University of Nicosia announces seventeen of its academics being recognised among the world's most-cited scientists, according to the latest Stanford University list of top-cited scientists....
https://knews.kathimerini.com.cy/en/business/elon-musk-becomes-first-person-to-achieve-a-$400-billion-net-worth
Elon Musk, the world’s richest person, has reached an unprecedented milestone: a net worth of $400 billion, according to Bloomberg....
https://knews.kathimerini.com.cy/en/news/potato-prices-skyrocket-sparking-long-lines-in-occupied-areas
Potatoes have become the talk of the town in Cyprus, but not for the usual reasons. ...
https://knews.kathimerini.com.cy/en/business/primary-residence-and-the-benefit-of-5-reduced-vat-rate
Nowadays having your own permanent residence is a must, however the cost for the acquisition or construction of a house/apartment has significantly increased in the last few years....
https://knews.kathimerini.com.cy/en/news/fed-cuts-rates-by-0-25-economic-activity-expands-steadily
The Federal Reserve on Thursday cut interest rates by 0.25 percentage points for the second consecutive meeting, bringing the target range to 4.50% to 4.75%, as expected. The decision was unanimous....
https://knews.kathimerini.com.cy/en/news/rics-cyprus-property-price-index-with-kpmg-in-cyprus-announces-results-of-2024-q3
On behalf of KPMG in Cyprus, Christophoros Anayiotos, Board Member and Head of the Real Estate Industry Group, stated:...
https://knews.kathimerini.com.cy/en/business/double-premiere-to-mark-25th-anniversary
For the track and the road: The new 911 GT3 and 911 GT3 with Touring package
...
https://knews.kathimerini.com.cy/en/news/bank-profits-in-crosshairs-as-tax-talks-heat-up
The future of a special tax on bank deposits paid to the state may be heading for a shift, though a final decision is not guaranteed. ...
https://knews.kathimerini.com.cy/en/news/cypriot-economy-shows-resilience-growth-outpaces-eu-average
The Governor of the Central Bank of Cyprus, Christodoulos Patsalides, has called on banks to consider the social dimension of their pricing policies......
https://knews.kathimerini.com.cy/en/news/industrial-turnover-index-hits-152-7-units-in-july-2024
In July 2024, the Industrial Turnover Index reached 152.7 units (base 2021=100), recording an increase of 6.,3% compared to July 2023, according to data published by the Statistical Service on Friday....
https://knews.kathimerini.com.cy/en/news/inflation-slows-to-0-7-in-september-due-to-falling-oil-prices
Inflation hit a three-year low due to the fall in oil prices in September 2024, rising at a rate of 0.7%, according to data released by the Statistical Service on Thursday. The Consumer Price Index (CPI) in September 2024 increased by 0.38 units to 118.48 units compared to 118.10 units in August 2024....
https://knews.kathimerini.com.cy/en/news/house-prices-in-cyprus-rise-2-5-year-on-year-in-q2-2024
Τhe House Price Index for the second quarter of 2024 amounts to 112.86 units, according to preliminary estimate of the Statistical Service. Compared to the Index of the corresponding quarter of 2023, the Index increased by 2.5%.
...
https://knews.kathimerini.com.cy/en/business/11-real-estate-investment-opportunities-by-astrobank
AstroBank has listed for sale a large tourist plot of land and other residential, commercial and rural properties in Limassol, Nicosia, Larnaca, Famagusta and Paphos....
https://knews.kathimerini.com.cy/en/news/inflation-slows-as-august-sees-small-price-increases
Inflation in Cyprus slowed down in August 2024, with prices rising by 1.5%, compared to a 2.11% increase in July. The Consumer Price Index (CPI), which measures the cost of living, went up slightly from 117.73 to 118.10....
https://knews.kathimerini.com.cy/en/news/university-of-cyprus-to-host-27th-cultural-festival
The Cultural Center "Michalis Pieris" is reopening its doors to the university community, art enthusiasts, and distinguished artists for the 27th Annual Cultural Festival of the University of Cyprus....
https://knews.kathimerini.com.cy/en/business/ft-global-stock-markets-tumble-amid-us-recession-fears
Global stock markets experienced significant declines on Monday as concerns about a potential US recession led investors to abandon risky assets....
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-slows-in-july-after-three-months-of-rising-costs
Inflation in Cyprus took a breather in July after three months of climbing prices. According to new figures released by the Cyprus Statistical Service, the cost of living went up by 2.1% in July. ...
https://knews.kathimerini.com.cy/en/news/athens-tops-list-of-world-s-best-smelling-cities-nicosia-also-makes-the-top-10
A recent study by HAYPP has crowned Athens, Greece, as the world's best-smelling city, overturning the common perception of cities as unpleasantly odorous....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-soars-as-tech-takes-the-lead-while-real-estate-trails
Cyprus' economy is showing impressive growth at the start of 2024, with the biggest gains coming from the tech and services sectors, Kathimerini's Anna Polyviou reports....
https://knews.kathimerini.com.cy/en/business/welcoming-the-new-department-of-psychology-at-university-of-limassol
University of Limassol is delighted to announce the establishment of its new Department of Psychology under the Social Sciences and Humanities School....
https://knews.kathimerini.com.cy/en/news/apartment-prices-up-13-9-yearly-house-price-growth-slows
In the first quarter of 2024, house price growth showed a slight slowdown, while apartment prices continued to rise....
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/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/business/cyprus-ranks-among-top-innovators-in-europe
Among the best-performing countries in terms of innovation between 2023 and 2024 is Cyprus, according to the latest European Commission data....
