https://knews.kathimerini.com.cy/en/comment/opinion/real-estate-trends-in-2023
Increased inflation, rising interest rates, rising building costs, rising property values, a slight decline in new development approvals, a slight decline to stabilization in the unemployment rate, a slight increase in GDP, and a slight decline in private lending are just a few indicators of the (very) general economic picture....
https://knews.kathimerini.com.cy/en/news/mr-ioannou-in-terms-of-migration-cyprus-has-reached-its-limit
The first day of the Council of Ministers of Justice and Home Affairs meeting, which was attended by Mr. Constantinos Ioannou, Minister of Interior, has concluded, during which the Ministers of the 27 Member States had the opportunity to exchange views on the external dimension of migration as well as the internal management of migration flows....
https://knews.kathimerini.com.cy/en/business/investigation-into-understaffing in-the-tourism-industry-is-imminent
The start of the summer travel season is anticipated to occur around the end of March or the beginning of April, along with the reopening of hotel facilities that were closed during the winter....
https://knews.kathimerini.com.cy/en/news/consumers-cutting-back-on-non-essential-items-as-cost-of-living-rises
As the cost of living crisis continues to rise globally, consumers have drastically adjusted their spending behaviors, with the majority (53%) of global consumers “holding back” on non-essential spending. ...
https://knews.kathimerini.com.cy/en/news/tourists-are-spending-13-more-in-cyprus
If there is one thing that has changed in the past year's data on the tourism industry, it is the realization that, even though there are fewer visitors coming in than in 2019,...
https://knews.kathimerini.com.cy/en/news/rail-safety-warnings-fell-on-deaf-ears-since-2014
The European Railway Agency (ERA) has been warning successive governments in Greece, as well as the European Commission, since at least 2014 about safety gaps in the Greek railway system, according to ERA head Josef Doppelbauer, speaking to Kathimerini in the wake of last week’s deadly collision at Tempe....
https://knews.kathimerini.com.cy/en/news/toblerone-forced-to-change-logo-due-to-its-un-swissness
The most famous mountain in Switzerland is no longer appropriate for Toblerone to use on its packaging. Due to its decision to relocate a portion of its production to the Slovakian capital, Bratislava, this year, US company Mondelez, ...
https://knews.kathimerini.com.cy/en/news/drakos-radical-reforms-achieved-in-the-past-20-months
Outgoing Minister of Justice and Public Order, Stephie Drakos, presented her work at the Ministry over the past 20 months at a press conference held at the Presidential Palace, noting that during this period a series of sweeping reforms took place at almost all levels and areas of responsibility of the Ministry....
https://knews.kathimerini.com.cy/en/news/eu-s-natural-gas-consumption-drops-by-19-3
The EU consumption of natural gas has dropped by 19.3% in the period August 2022 - January 2023, compared with the average gas consumption for the same months (August - January) between 2017 and 2022, according to information from member state official sources and reported by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/frozen-fish-and-flour-marked-a-substantial-price-increase
Frozen fish and flour recorded a high price increase, according to data published on Wednesday by the Consumer Protection Service of the Ministry of Energy, Commerce and Industry....
https://knews.kathimerini.com.cy/en/news/pwc- 5-2-billion-in-real-estate-transactions in-2022
Transaction volumes in the real estate and land development sector have surpassed those of 2019. According to the most recent PwC Cyprus publication, the total value of transactions in 2022 will reach €5.2 billion,...
https://knews.kathimerini.com.cy/en/news/relations-between-greece-and-turkey-turn-a-new-page-says-cavusoglu
Reflecting the new mood pervading Greek-Turkish relations in the wake of the devastating earthquakes in Turkey, Foreign Minister Mevlut Cavusoglu made reference on Tuesday to a “new page” in relations between Athens and Ankara....
https://knews.kathimerini.com.cy/en/news/objects-shot-down-by-us-are-not-of-alien-origin-says-george-danos
President of the Cyprus Space Exploration Organisation (CSEO) George Danos told CNA that he highly doubts that the objects shot down recently by the US army are of extraterrestrial origin....
https://knews.kathimerini.com.cy/en/news/1-cypriot-rescue-mission-to-turkey-canceled
The Cypriot mission to Turkey will not depart after all, Foreign Minister Ioannis Kasoulides announced on ANT1's midday show, explaining the reasons for the cancellation....
https://knews.kathimerini.com.cy/en/news/new-zealand-recovers-3-tons-of-cocaine-floating-in-pacific-ocean
New Zealand police said Wednesday they found more than 3 tons of cocaine floating in a remote part of the Pacific Ocean after it was dropped there by an international drug-smuggling syndicate....
https://knews.kathimerini.com.cy/en/business/marina-association-surprised-by-statement-on-paphos-marina
The development of Paphos Marina is moving forward, thanks to a Cabinet decision. This has been an issue for decades, and when the Deputy Minister of Tourism took office, he re-launched an effort to promote the project by preparing a feasibility study for its construction....
https://knews.kathimerini.com.cy/en/news/turkey-refuses-cyprus-offer-for-assistance-and-aid
Turkey has refused the offer by the Republic of Cyprus to send a rescue team to help with post-earthquake efforts, according to the Director General of the Cypriot Ministry of Foreign Affairs Kornelios S. Korneliou....
https://knews.kathimerini.com.cy/en/comment/opinion/disy-will-now-face-difficult-decisions
The embarrassed expressions on the faces of government and DISY executives who had rallied around Averof Neophytou after his defeat were indicative of the difficult dilemmas DISY will face in the coming day. ...
https://knews.kathimerini.com.cy/en/news/the-new-president-and-finance-minister-will-face-new-challenges
We are only a few days away from voting for the new President of the Republic. ...
https://knews.kathimerini.com.cy/en/news/turkey-the-stance-of-the-6-on-cyprus
The publication of the foreign policy positions of the coalition of six opposition parties (led by the Kemalist CHP) contesting Erdogan's power is of particular interest,...
https://knews.kathimerini.com.cy/en/business/january-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/covid-rsv-influenza-are-causing-a-triple-epidemic
With regard to seasonal viruses, hospitals seem to be operating in a precarious situation in terms of bed availability. ...
https://knews.kathimerini.com.cy/en/news/petrol-sales-down-by-7-5-in-december-2022
Sales at petrol stations in December 2022 were down by 7.5% compared to December 2021, according to data released on Friday by the Cyprus Statistical Service....
https://knews.kathimerini.com.cy/en/news/menendez-won-t-let-it-rest
Any decision by the United States to go ahead with the sale of F-16 fighter jets and upgrade kits to Turkey would be 'baffling' given the 'belligerent' stance of Turkish President Recep Tayyip Erdogan towards NATO ally Greece, said Senator Bob Menendez, chair of the Senate’s Foreign Relations Committee, reiterating that he will not approve the sale...
https://knews.kathimerini.com.cy/en/news/the-halepianes-tseri-exit-opens-tomorrow-at-3pm
In the upcoming months, improvements and relief from the annoyance faced by hundreds of drivers every day are anticipated. ...
https://knews.kathimerini.com.cy/en/comment/opinion/migration-nikos-christodoulides-can-and-wants-to-deal-with-it
One of the biggest and most serious problems Cyprus faces now, and one of the biggest challenges, is the issue of migration. Our country must deal with disproportionate flows of migrants, both in relation to its size and resources and in relation to its population....
https://knews.kathimerini.com.cy/en/business/pwc-survey-seven-out-of-ten-ceos-are-pessimistic-about-2023
According to the 26th Annual Global CEO Survey conducted by PwC between October and November 2022, nearly three-quarters (73%) of respondents expect global economic growth to slow over the next 12 months....
https://knews.kathimerini.com.cy/en/business/what-consumers-should-lookout-for as-january-sales begin
The Ministry of Commerce is intensifying its market checks due to the January sales, especially in clothing and footwear stores. At the same time, consumers are urged to be informed of their rights and to be particularly careful about cases of misleading advertisements....
https://knews.kathimerini.com.cy/en/news/lowest-number-of-road-deaths-recorded-in-2022
The Ministry of Transport, Communications and Works announced that 2022 was the year with the lowest number of road fatalities (37) with a decrease of 17.8%% compared to 2021....
https://knews.kathimerini.com.cy/en/news/cavusoglu-tells-americans-they-lost-honest-broker-status
Turkish Foreign Minister Mevlut Cavusoglu accused Washington of having stopped maintaining a ‘balance’ regarding Greece and Cyprus, just as Athens fired back at Ankara over increasing rhetoric in Aegean disputes...
