https://knews.kathimerini.com.cy/en/business/fewer-americans-expected-in-cyprus-this-summer-as-travel-costs-rise
Cyprus, like the rest of Europe, may see fewer American tourists this summer as high travel costs and shifting preferences push U.S. travelers to rethink their vacation plans. ...
https://knews.kathimerini.com.cy/en/news/eu-warns-of-strong-response-to-possible-us-tariffs
The European Union has expressed deep concern over potential US trade measures, cautioning that any tariffs imposed on European goods would trigger a firm response....
https://knews.kathimerini.com.cy/en/business/new-lending-boosted-by-interest-rates-and-government-plans
A favorable landscape for Cypriot borrowers is taking shape in 2025, laying the groundwork for a strong year in new lending....
https://knews.kathimerini.com.cy/en/news/trump-s-tariff-plans-could-hurt-cyprus-economy
The looming inauguration of U.S. President-elect Donald Trump has stirred concern across the Eurozone, and Cyprus is no exception....
https://knews.kathimerini.com.cy/en/business/president-s-banking-measures-spark-surge-in-first-home-loans
President Nikos Christodoulides' efforts to support citizens through new banking measures are beginning to yield results. Meetings held in December with the CEOs of Cyprus’ two major banks, Bank of Cyprus (BoC) and Hellenic Bank (HB), appear to have sparked a tangible interest in first-home mortgage schemes....
https://knews.kathimerini.com.cy/en/news/trudeau-poised-to-resign-as-liberal-leader-sources-say
Canadian Prime Minister Justin Trudeau may be preparing to resign as leader of the Liberal Party after nearly a decade in power, according to a source familiar with his plans....
https://knews.kathimerini.com.cy/en/comment/opinion/2025-a-new-chapter-for-cyprus-s-property-market
2024 was both literally and figuratively a leap year. Metaphorically speaking, we anticipated this shift a year ago as we reflected on 2023 and made our predictions for the year ahead....
https://knews.kathimerini.com.cy/en/business/december-newsletter-of-k-treppides-co-ltd-27-12-2024
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/business/more-spending-in-cyprus-but-prices-are-rising
Cyprus is seeing more people shopping and spending money, but higher prices are still affecting the cost of living. New data shows that in November 2024, both the amount of goods sold and the money spent in retail stores went up compared to last year....
https://knews.kathimerini.com.cy/en/news/cyprus-increases-interest-rates-on-arrears-and-court-cases-for-2025
Starting January 1, 2025, Cyprus is increasing interest rates related to arrears and court cases, which could affect anyone with overdue debts to the state or those involved in legal disputes....
https://knews.kathimerini.com.cy/en/business/eurozone-growth-hopes-dim-as-2025-looms
Just days before the start of 2025, analysts have trimmed expectations for the Eurozone's economic growth. ...
https://knews.kathimerini.com.cy/en/news/majority-of-cypriots-lack-faith-in-government-according-to-recent-survey
Cypronetwork, a Cyprus-based market research and consulting firm, has released its latest barometer survey, shedding light on the issues that most concern citizens in Cyprus, public trust in institutions, and electoral behavior....
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/business/ecb-announces-final-rate-cut-for-2024
The European Central Bank (ECB) has announced a 25 basis point reduction in interest rates, marking the fourth consecutive cut for 2024....
https://knews.kathimerini.com.cy/en/news/government-launches-mortgage-subsidy-to-ease-inflation-s-grip
The government of Cyprus is stepping up to help homeowners struggling with rising interest rates and inflation....
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/news/france-s-government-falls-in-historic-no-confidence-vote
France is facing a deep political crisis after Prime Minister Michel Barnier’s government was ousted by a no-confidence vote, just three months into his term. This marks the shortest-lived administration in France’s Fifth Republic, which began in 1958....
https://knews.kathimerini.com.cy/en/business/november-newsletter-of-k-treppides-co-ltd-28-11-2024
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/eu-eyes-embassy-staff-cuts-to-refocus-on-strategic-regions
The European Union is considering reducing staff at many of its embassies to refocus resources on strategically important regions, a move sparking concerns about its global influence, particularly in Africa and Latin America. ...
https://knews.kathimerini.com.cy/en/business/trump-plans-massive-tariffs-on-imports-from-mexico-canada-and-china
In his latest announcement, President-elect Donald Trump has proposed steep tariff hikes on goods coming from Mexico, Canada, and China, set to begin on the first day of his administration...
https://knews.kathimerini.com.cy/en/news/rising-food-prices-leave-cypriot-households-struggling
A recent survey reveals that consumers in Cyprus are increasingly worried about their financial future, as rising food costs and economic challenges weigh heavily on households....
https://knews.kathimerini.com.cy/en/business/50-million-luxury-shoppers-pull-back-as-market-slows
For the first time since the 2009 financial crisis, the luxury goods market is losing its shine. A whopping 50 million shoppers have stopped splurging on designer bags, watches, and other high-end items, according to Bain & Company’s latest report....
https://knews.kathimerini.com.cy/en/news/greek-real-estate-fourth-cheapest-in-europe-draws-foreign-buyers
The Greek real estate market has significant prospects for establishing itself as one of the main destinations for foreign home buyers, being the fourth cheapest in Europe....
https://knews.kathimerini.com.cy/en/business/sklavenitis-expands-in-cyprus-shaking-up-the-supermarket-scene
The Cypriot supermarket landscape is shifting as Greece's Sklavenitis Group officially takes over Papantoniou Supermarkets. With Competition Protection Commission approval, ...
https://knews.kathimerini.com.cy/en/business/cyprus-gdp-and-living-standards-improve-but-challenges-remain
Cyprus' living standards have continued to improve, with the country's GDP per capita reaching 95% of the EU average in 2023, according to recent data from the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/news/trump-s-bold-day-one-agenda-immigration-gender-policies-and-foreign-relations
President-elect Donald Trump has set an ambitious agenda for his first day in office, outlining policy goals on issues from immigration to energy and international relations. ...
https://knews.kathimerini.com.cy/en/comment/opinion/was-trump-really-the-only-option-for-the-working-class-in-2024
What makes a political comeback genuinely remarkable? Is it policy, charm, or a connection to the people? ...
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/trump-s-election-shakes-global-dynamics-and-raises-concerns-in-cyprus
If anything was clear during the U.S. election campaign, it’s that this election isn’t just about the United States. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-real-estate-market-falters-as-october-sales-drop-6
With just two months left in the year, October has shown that, despite some resilience, the market remains unable to inspire optimism. Economic indicators for the average household have not sparked an uptick in investment interest, and the ongoing geopolitical instability is growing....