https://knews.kathimerini.com.cy/en/business/1-real-estate-investment-opportunities-by-astrobank
AstroBank is selling properties in several districts to suit all prospective buyers’ needs, whether for personal use or as an investment. The Bank's portfolio includes houses and apartments, office space, land, and commercial buildings. ...
https://knews.kathimerini.com.cy/en/news/eu-seeks-centralized-energy-storage-solution
As part of the Save and Upgrade plan, only eight applications have been submitted thus far for the installation of home storage systems. It's important to note that these grants exclude new homes, which are expected to meet almost zero energy consumption standards....
https://knews.kathimerini.com.cy/en/news/hellenic-train-s-revenue-plummets-after-floods
Italian-owned railway operator Hellenic Train will reportedly seek to renegotiate its contract with the Greek state, sources have indicated, as the company faces massive revenue losses stemming from September’s floods in central Greece....
https://knews.kathimerini.com.cy/en/news/greek-ports-stand-ready-to-secure-global-south-s-grain-supply
Foreign Minister George Gerapetritis addressed the EU Foreign Ministers' meeting in Kyiv, stressing the significant consequences resulting from the breakdown of an agreement with Russia concerning the secure export of Ukrainian grain via the Black Sea. This development is particularly critical for the supply of countries in the global south....
https://knews.kathimerini.com.cy/en/business/inflation-fears-and-green-investments
The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...
https://knews.kathimerini.com.cy/en/business/moody-s-double-upgrade-ignites-investor-interest
Last Friday, Moody's delivered a double upgrade for Cyprus, propelling the nation into the investment-grade category recognized by all four major financial firms. Although these rankings may appear modest, their real-world impact is substantial....
https://knews.kathimerini.com.cy/en/business/€9-5-million-tourism-investment-shaping-paralimni-s-future
In a significant development within the Famagusta province, specifically in the municipality of Paralimni, a noteworthy €9.5 million investment project is currently underway in the tourism sector....
https://knews.kathimerini.com.cy/en/news/electricity-prices-surge-by-3-in-latest-billing-cycle
In a recent development, electricity prices have witnessed a notable uptick, surging by 3% when compared to the preceding month. Christina Papadopoulou, the spokesperson for EAC (the electricity authority), elucidated that a significant portion of this increase, amounting to 1.20%, is earmarked for third-party entities rather than being allocated to AHK....
https://knews.kathimerini.com.cy/en/comment/opinion/government-faces-mounting-criticism-over-six-month-stumble
If a governing coalition in a state aspiring to be European were to make as many mistakes and omissions as the Christodoulides government has in just six months, it would face strong opposition....
https://knews.kathimerini.com.cy/en/news/rory-mcilroy-sparks-europe-s-ryder-cup-victory
Shane Lowry has said that Europe's 2023 Ryder Cup triumph sits right alongside his Open victory at Portrush in 2019....
https://knews.kathimerini.com.cy/en/news/15-4-spike-in-public-expenditure-for-2024
In the 2024 Budget, there's a notable rise of EUR 0.5 billion in public personnel expenditure. According to the Council of Ministers' approved budget table for 2024, this marks a substantial increase of 496 million euros. In terms of percentages, this surge amounts to 15.4% compared to the personnel expenditure allocated for the public sector in 2023....
https://knews.kathimerini.com.cy/en/news/online-applications-open-for-child-tuition-and-feeding-subsidy-scheme
As of August 28, 2023, parents of eligible children up to four years old can apply for the Child Tuition and Feeding Subsidy Scheme through a dedicated online platform. The initiative aims to provide financial support to parents for early childhood education and nutrition....
https://knews.kathimerini.com.cy/en/news/nikos-christodoulides-joins-med9-summit-in-malta
President of the Republic Nikos Christodoulides departs Friday for Malta to participate in the MED9 Summit, which will take place in Valletta in the afternoon of the same day....
https://knews.kathimerini.com.cy/en/news/over-2-000-users-raise-alarm-over-iphone-15-pro-heat
Numerous Apple customers have voiced concerns about the recently launched iPhone 15, citing issues of overheating just days after its release....
https://knews.kathimerini.com.cy/en/news/trump-freaks-out-in-response-to-fraud-ruling
Soon after New York Judge Arthur Engoron found Donald Trump and his adult sons liable for fraud and canceled the Trump Organization’s business certification on Tuesday, the disgraced former president freaked out about it in a lengthy all-caps rant on Truth Social that he appeared to have originally written yesterday....
https://knews.kathimerini.com.cy/en/news/foreign-buyers-flock-to-cyprus-real-estate
Recent data on property sales in Cyprus reveal distinct trends in different provinces. Notably, the real estate landscape in Nicosia contrasts sharply with that of coastal provinces....
https://knews.kathimerini.com.cy/en/business/cyprus-welcomes-most-tourists-among-eu-countries-with-91-of-visitors-from-abroad
In 2022, the EU received 45.8% of all international tourism arrivals in the world, despite representing 3.0% of the world's land area and 5.6% of the world's population, according to the UN World Tourism Organisation (UNWTO) shared by Eurostat on the occasion of World Tourism Day (27 September)....
https://knews.kathimerini.com.cy/en/news/war-in-ukraine-nears-potential-dirty-deal-conclusion
Thomas Friedman, American political commentator, author and weekly columnist for The New York Times, tells Kathimerini that the ongoing war in Ukraine will probably be resolved with “a dirty deal” that will include the loss of a part of eastern Ukraine in exchange for Kyiv’s accession to NATO and the European Union....
https://knews.kathimerini.com.cy/en/news/limassol-port-s-grand-eco-art-showcase-for-world-tourism-day
In celebration of World Tourism Day, DP World Limassol, in collaboration with the Deputy Ministry of Tourism, hosted a special event last week for terminal passengers. The event's primary objective was to promote sustainable practices within the shipping sector....
https://knews.kathimerini.com.cy/en/business/how-high-is-too-high-before-tax-relief-kicks-in
Diesel prices have dipped by nine cents per liter at gas stations compared to late August, while unleaded 95-octane petrol is now six cents cheaper....
https://knews.kathimerini.com.cy/en/news/presidency-in-prolonged-crisis
The United Nations General Assembly in New York proved to be a critical test for Nikos Christodoulides during his first year in office, as well as a highly significant personal and political endeavor. On one hand, he aimed to use the platform of these meetings to communicate a positive message regarding the Cyprus problem. ...
https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-in-internet-piracy
A recent report from the European Union Intellectual Property Office (EUIPO) sheds light on the concerning issue of internet piracy within the European Union....
https://knews.kathimerini.com.cy/en/business/foreign-demand-fuels-cyprus-real-estate-boom-as-local-interest-wanes
Demand in the real estate market remained steady from January to August despite rising prices, but interest has gradually waned, according to Paul Loizou, CEO of Ask Wire. ...
https://knews.kathimerini.com.cy/en/news/global-investment-giants-converge-in-cyprus-for-iifa-2023
The 36th annual international conference of the International Investment Funds Association (IIFA), will take place in Cyprus, for the first time, on October 23-25.
...
https://knews.kathimerini.com.cy/en/news/ukraine-sparks-trade-war-with-legal-action-over-food-bans
Ukraine has filed lawsuits to the World Trade Organization (WTO) against Slovakia, Poland and Hungary over their bans on food imports from Kyiv.
...
https://knews.kathimerini.com.cy/en/news/death-toll-in-libya-floods-at-11-300-as-more-bodies-wash-ashore
International rescue teams in Libya are calling for more help to retrieve the bodies of victims killed in devastating floods that swept through the eastern city of Derna, killing thousands....
https://knews.kathimerini.com.cy/en/news/dive-into-ebooks-on-2023-international-digital-book-reading-day
OverDrive, the largest e-book distributor in the U.S., established International Digital Book Reading Day in 2014, and it has been celebrated annually on September 18 ever since....
https://knews.kathimerini.com.cy/en/news/italy-s-cry-for-help-facing-a-migrant-surge-amid-eu-discord
Italian Prime Minister Giorgia Meloni has appealed for greater European support as her country confronts a surge of people fleeing north Africa, amid growing tensions between Rome and other EU capitals over migration policy....
https://knews.kathimerini.com.cy/en/news/135-debt-reduction-sparks-hope-for-economy
According to the latest data from the Central Bank of Cyprus, the private debt-to-GDP ratio has shown a significant decrease from its peak at the end of the first quarter in 2015 to the end of March 2023. ...
https://knews.kathimerini.com.cy/en/news/world-famous-artist-botero-breathes-his-last-at-91
Fernando Botero, the Colombian whose voluptuous pictures and sculptures of overstuffed generals, bishops, prostitutes, housewives and other products of his whimsical imagination made him one of the world’s best-known artists, died Friday in Monaco. He was 91....