https://knews.kathimerini.com.cy/en/news/halloumi-exports-hit-€112-million-mark
The demand for halloumi, Cyprus’ renowned cheese, in foreign markets is steadily growing with exports in the first four months of 2023 amounting to €112 million, Minister of Agriculture, Rural Development and the Environment, Petros Xenofontos has said....
https://knews.kathimerini.com.cy/en/news/are-green-products-really-green-eu-takes-a-stand
Have you ever looked at a product that claims to be carbon neutral or environmentally friendly and wondered what the heck that means, specifically? It can be a dodgy marketing practice that induces consumers into buying something that may not be anything of the sort....
https://knews.kathimerini.com.cy/en/news/€369-million-eib-loan-for-smart-investments
The government has secured a €369 million loan from the European Investment Bank (EIB) with favorable terms to support expenditures and investments within the framework of the "Thalia" program. ...
https://knews.kathimerini.com.cy/en/business/flavored-heated-tobacco-to-be-banned-as-cyprus-aligns-with-eu-directives
The Council of Ministers has approved amendments to regulations, including bans and warning labels on heated smoking products with flavored substances, according to Health Minister Poppy Kanari, in a move to align national legislation with European directives....
https://knews.kathimerini.com.cy/en/news/e-kalathi-bill-sparks-debate-in-parliament
During yesterday's session of the Parliamentary Committee on energy and trade, the debate shed light on a crucial aspect of the E-kalathi bill. It became evident that there are lingering disagreements among stakeholders and the majority of MPs on this issue. ...
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/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/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/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/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/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/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/comment/opinion/are-dairy-products-the-new-focus-for-israel-cyprus-relations
If someone hadn't followed the Israeli Prime Minister's past statements about EastMed and the LNG terminal in Cyprus and didn't know that energy was the main topic in the previous eight meetings, they might have thought that the leaders of Cyprus, Greece, and Israel had more pressing matters during the 9th trilateral meeting in Nicosia. ...
https://knews.kathimerini.com.cy/en/news/european-law-puts-online-platforms-at-risk-of-fines-and-sanctions
Major online platforms risk fines and sanctions if they violate the new European law on digital services that came into force end of August and which, inter alia, makes online platforms legally responsible for the content posted on them....
https://knews.kathimerini.com.cy/en/news/police-intercept-vehicle-carrying-€7-150-cash-and-duty-free-goods
Yesterday at 6:30 pm, police officers pulled over a vehicle driven by a 34-year-old on the Nicosia-Limassol highway just past the Pera Chorio exit....
https://knews.kathimerini.com.cy/en/news/compensation-plans-unveiled-for-akamas-communities
Starting tomorrow, September 1, 2023, the stipulations outlined in the Akamas Local Plan will be enacted. Yesterday, Mr. Konstantinos Ioannou, the Minister of Interior, and Mr. Petros Xenophontos, the Minister of Agriculture, Rural Development and Environment,...
https://knews.kathimerini.com.cy/en/news/average-student-spending-at-€250-as-back-to-school-shopping-begins
A few days before schools reopen (September 7 for secondary and high schools, and September 11 for primary schools), chaos is ensuing in bookstores, stationery shops, and stores selling school attire and sports shoes.
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https://knews.kathimerini.com.cy/en/news/illegal-smokes-haul-seized-in-pournara-migrant-center
Customs authorities recently seized quantities of duty-free tobacco products believed to have been illicitly transported from the occupied areas of the Republic of Cyprus. ...
https://knews.kathimerini.com.cy/en/news/food-costs-soar-greens-up-25-3-fish-dip-by-15
Increases were noted in 32 out of 45 categories of essential consumer products in the Consumer Product Price Monitor for July 2023, according to the Consumer Protection Service....
