https://knews.kathimerini.com.cy/en/news/liquidity-cover-hits-318-in-banking
Konstantinos Herodotou, the Governor of the Central Bank of Cyprus, delivered a robust message at the TechIsland conference in Limassol....
https://knews.kathimerini.com.cy/en/business/olive-oil-prices-soar-due-to-shortage-and-weather-woes
The price of olive oil is expected to rise dramatically, possibly exceeding 10 euros per liter and reaching 15 euros in Europe, according to agricultural organizations....
https://knews.kathimerini.com.cy/en/news/essentials-get-affordable-from-november-2023
In a significant development, the Greek Tax Department has announced that the Ministerial Council, during its session on September 13, 2023, has given the green light to an official decree that modifies the VAT legislation. ...
https://knews.kathimerini.com.cy/en/business/consumers-revolt-as-rising-prices-trigger-surge-in-complaints
In recent months, the Pancyprian Consumers Association has been inundated with consumer complaints, particularly following the reinstatement of excise duty on fuel and the termination of electricity subsidies. ...
https://knews.kathimerini.com.cy/en/business/borrowers-in-a-high-stakes-game-of-loan-roulette
In 2023, borrowers face a pivotal year, primarily due to the soaring levels of inflation, rising prices, and increasing interest rates. This year also carries significant importance for banks, not in terms of profits, ...
https://knews.kathimerini.com.cy/en/news/sales-from-the-occupied-area-to-the-republic-of-cyprus-skyrocket
Data, released by the Turkish Cypriot newspaper ''Kibris'' and sourced from the Turkish Cypriot Chamber of Commerce, reveals a remarkable surge in sales of products from the occupied territories to the Republic of Cyprus in 2022....
https://knews.kathimerini.com.cy/en/business/retail-trickery-price-hikes-before-zero-vat-stun-consumers
A recent study by the Cyprus Consumers Association (CCA) has revealed that prices for various essential goods saw artificial increases in the days leading up to the implementation of the zero VAT rate. ...
https://knews.kathimerini.com.cy/en/news/park-ride-hours-now-extended
The Cyprus Public Transport has announced its extended hours for the "Park & Ride" service. In a press release, it says that after the very encouraging response of the public during the first days of operation of the “Park & Ride” service and responding to the need to extend the hours of operation of the service, in order to serve even more passengers, announces that from today Monday, September 18, 2023, the extended hours of the “Park & Ride” service are in effect.
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https://knews.kathimerini.com.cy/en/news/will-tesla-s-next-factory-be-in-turkey
Turkish President Recep Tayyip Erdogan has extended an intriguing invitation to Tesla's CEO Elon Musk, proposing the establishment of a Tesla factory in Turkey....
https://knews.kathimerini.com.cy/en/business/halloumi-woes-persist-as-pdo-battle-heats-up
One year after the implementation of an agreement between the Ministry of Agriculture, producers, cheese makers, and KEBE regarding halloumi cheese, issues persist....
https://knews.kathimerini.com.cy/en/news/hold-onto-your-hats-unpredictable-weather-ahead
Get ready for a weather extravaganza on the sunny island of Cyprus. Picture a weather forecast with a twist of whimsy, as we dive into the magical world of meteorology!...
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....
https://knews.kathimerini.com.cy/en/comment/opinion/the-mediterranean-s-wake-up-call
The devastating aftermath of the natural disaster in the Thessalian Plain leaves no one untouched. We cannot afford complacency in the face of such a biblical catastrophe, merely observing from the safety of our couches....
https://knews.kathimerini.com.cy/en/business/zero-vat-rates-fail-to-curb-price-surges
Many products subject to zero VAT rates saw unexpected price increases in July 2023, according to a report by Kathimerini The Consumer Association has raised concerns about the effectiveness of this measure following recent additions to the list of zero-rated items....
https://knews.kathimerini.com.cy/en/news/popular-decongestant-ingredient-ineffective-us-fda-reveals
A key ingredient in well-known decongestant products like Sudafed PE and Benadryl Allergy Plus Congestion, phenylephrine, has been deemed ineffective when taken orally, according to a Food and Drug Administration (FDA) panel. ...
https://knews.kathimerini.com.cy/en/news/government-cuts-interest-income-rates-from-30-to-17
The Cyprus government decided to slash taxation on interest income from 30% to 17%, Finance Minister Makis Keravnos said on Wednesday, noting that banks should follow suit in boosting income for depositors.
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https://knews.kathimerini.com.cy/en/news/climatic-records-in-sight-with-clear-skies
The weather for today promises mostly clear skies in our region....
https://knews.kathimerini.com.cy/en/news/government-extends-zero-vat-on-essentials
The government has decided to extend the application of the zero VAT rate on essential goods for another six months, with Finance Minister Makis Keraynos announcing the addition of coffee and sugar to the list of exempted products....
https://knews.kathimerini.com.cy/en/business/apple-watch-s-double-tap-thumb-index-magic
Apple held its annual iPhone keynote event, Wonderlust, on Tuesday where it unveiled new products, features, and an unexpected surprise featuring Tim Cook and an Oscar-nominated actress....
https://knews.kathimerini.com.cy/en/news/fuel-prices-surge-electricity-rates-hold-steady
Fuel prices are set to rise by 2-2.5 cents per liter for diesel and slightly less for unleaded gasoline, effective today at petrol stations....
https://knews.kathimerini.com.cy/en/business/ceo-confidence-in-artificial-intelligence-tempered-by-social-ethical-and-security-risks
CEOs globally are embracing opportunities created by AI, but also remain wary of unknown, unintended consequences, according to the findings of the latest EY CEO Outlook Pulse survey. ...
https://knews.kathimerini.com.cy/en/news/unpredictable-tuesday-showers-and-gradual-clearing-ahead
Unstable weather conditions are anticipated for today, Tuesday, September 12th, with the possibility of isolated showers or thunderstorms across the region. This unsettled weather is influenced by a weak low-pressure system, according to the latest forecast from the Met Office....
https://knews.kathimerini.com.cy/en/news/severe-thunderstorms-loom-over-cyprus
Heavy rain has been happening in mountainous areas of the island since Monday afternoon....
https://knews.kathimerini.com.cy/en/news/cyprus-aims-to-shine-with-cypriot-red-soil-potato-in-european-market
Ministry of Agriculture, Rural Development, and Environment, is making every possible effort to address new challenges while improving the competitiveness of the agricultural sector, said the Minister of Agriculture, Rural Development, and Environment, Petros Xenophontos....
https://knews.kathimerini.com.cy/en/news/orange-alert-stormy-skies-ahead
On Monday morning (11/09), the Department of Meteorology issued an orange warning, in effect from 11:00 a.m. to 6:00 p.m....
https://knews.kathimerini.com.cy/en/business/payabl-backs-fastest-growing-tech-event-in-cyprus
payabl. announced as the Platinum Partner for Reflect Festival 2023...
https://knews.kathimerini.com.cy/en/news/dairy-leader-alambra-unveils-€10-million-eco-friendly-milk-facility
On Tuesday, September 5th, the grand opening of the new Alambra fresh milk factory took place....
https://knews.kathimerini.com.cy/en/business/weight-loss-drug-ozempic-transforms-denmark-s-economy
Massive demand for diabetes and weight loss drugs made by Danish pharmaceutical group Novo Nordisk has turned it into Europe's most valuable company, giving Denmark's economy a major makeover....
https://knews.kathimerini.com.cy/en/news/china-s-economic-slowdown-threatens-global-stability
China is unlikely to surpass the US as the world's largest economy as initially predicted for the early 2030s, primarily due to a growing lack of confidence in the Chinese economy, according to Bloomberg Economics analysts....
https://knews.kathimerini.com.cy/en/news/inland-temperatures-soar-to-37°c-amidst-unstable-weather
In an unexpected meteorological turn, the Daniel system has taken center stage, ushering in shifting weather patterns across central Mediterranean and Greece....
