https://knews.kathimerini.com.cy/en/news/private-labels-dominate-market-as-e-kalathi-falters
Disagreements over the specifics and philosophy of the bill concerning the creation of the e-kalathi electronic platform have led to an ongoing debate in the House Commerce Committee.
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https://knews.kathimerini.com.cy/en/news/hagia-sophia-to-charge-tourist-visitors-in-2024
In a move that is raising eyebrows and sparking debate, the Turkish government is set to impose entry fees at the Hagia Sophia mosque in Istanbul, a decision announced by the Turkish Minister of Culture and Tourism, Mehmet Nouri Ersoy....
https://knews.kathimerini.com.cy/en/news/no-foreclosures-on-first-homes-until-the-end-of-2023
In a development concerning foreclosures, four months after the summer 2023 decisions, the data remains unchanged. Banks and credit redemption companies have been urged to provide a two-month grace period for first homes and properties up to 350 thousand euros. ...
https://knews.kathimerini.com.cy/en/comment/opinion/turkey-the-most-unreliable-ally-of-the-west
The latest developments in the Middle East after the terrorist actions of Hamas and the reaction of Israel have proven once again that Turkey does not want and does not belong to the Western alliance. Tayyip Erdogan’s decision to align himself with the extremist Islamists of Hamas and Iran clearly shows where the country is heading....
https://knews.kathimerini.com.cy/en/news/israelis-find-sanctuary-in-greece-and-cyprus
As the conflict with Hamas in Gaza intensifies, a growing number of Israeli citizens are seeking refuge in Greece and Cyprus....
https://knews.kathimerini.com.cy/en/business/ecb-maintains-interest-rates-amid-tightening-impact
The European Central Bank (ECB) has opted to maintain interest rates unchanged for the first time in over a year, marking a shift following 10 consecutive rate hikes. ...
https://knews.kathimerini.com.cy/en/news/property-sales-surge-to-15-year-high-due-to-foreign-buyers
Residential property sales in Cyprus hit a 15-year record high in the second quarter of 2023, with significant increases in prices, according to data released by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/government-unveils-€77-million-housing-policy-to-tackle-housing-crisis
Interior Minister Konstantinos Ioannou introduced the government's new housing policy. In his opening statement, Mr. Ioannou outlined a comprehensive plan involving multiple levels of actions and measures, which allocates €77 million over a five-year period for the implementation of specific initiatives....
https://knews.kathimerini.com.cy/en/business/pfizer-doubles-price-of-lifesaving-covid-19-drug-to-$1-390
The price of the lifesaving COVID-19 antiviral medication Paxlovid will more than double as the United States transitions out of the emergency phase of the pandemic, drugmaker Pfizer said Wednesday....
https://knews.kathimerini.com.cy/en/news/syriza-s-stefanos-kasselakis-marries-partner-in-new-york-ceremony
Stefanos Kasselakis, the new leader of Greek main opposition SYRIZA, will marry his partner, Tyler Macbeth, at a civic ceremony in New York on Thursday....
https://knews.kathimerini.com.cy/en/news/over-400-pets-rescued-in-spain-s-anti-trafficking-sting
A troubling incident unfolded on Wednesday morning when a 24-year-old foreigner, who had been seeking asylum in Cyprus, resorted to self-immolation in front of the Immigration and Aliens Service in Larnaca....
https://knews.kathimerini.com.cy/en/news/suspense-builds-as-foreclosure-deadline-nears-and-creditors-seek-solutions
Cyprus is nearing the end of the suspension of divestments of primary residences worth up to 350 thousand euros, but a solution remains elusive regarding open funds tied to the divestment framework. ...
https://knews.kathimerini.com.cy/en/news/rising-rent-costs-challenge-cyprus-middle-class-budgets
A disconcerting trend is unfolding in Cyprus, where not only are the prices of essential goods on the rise, but rents are also skyrocketing, sparking extensive debates and concerns throughout society according to a report on Philenews....
https://knews.kathimerini.com.cy/en/news/walt-disney-s-100-year-story-of-success
The Walt Disney Company is celebrating its 100th anniversary....
https://knews.kathimerini.com.cy/en/news/40-year-old-man-s-affair-with-ai-takes-shocking-turn
Some Americans are turning to artificial intelligence (AI) chatbots for "emotional support, companionship and even sexual gratification," according to a new report from The Washington Post....
https://knews.kathimerini.com.cy/en/news/paphos-sees-increased-security-amid-israeli-investment-boom
Mr. Nicolaou has announced that security measures are being implemented in Jewish spaces across Cyprus, including Paphos....
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-buyer-sets-sights-on-varosha-s-transformation
The Turkish Cypriot (T/C) buyer of hotels in the fenced area of Famagusta is set to accept renovation offers for the properties within the next six weeks, as reported by the T/C newspaper Yeni Bakis. ...
https://knews.kathimerini.com.cy/en/news/do-consumers-embrace-e-kalathi-shopping
The Consumer Protection Department, in partnership with research firm IMR, recently conducted a telephone survey aimed at gauging general consumer sentiments and assessing awareness of the e-kalathi initiative....
https://knews.kathimerini.com.cy/en/news/ted-ex-speaker-riaz-shah-at-the-digital-agenda-summit-2023
Riaz Shah, a member of the TED-ex community for over forty years, is renowned as a top speaker on the future of work and the workspaces of tomorrow. ...
https://knews.kathimerini.com.cy/en/news/kyriakos-kokkinos-significant-participation-of-start-ups-from-four-countries-in-the-alpha-stage-of-da23
A total of 23 proposals from start-up businesses in Cyprus, Israel, Greece, and the United Kingdom are participating in the Alpha Stage of the Digital Agenda Cyprus Summit....
https://knews.kathimerini.com.cy/en/news/paradox-museum-transforms-into-a-spooky-crime-scene-for-halloween
The Paradox Museum in Limassol, a beloved attraction, undergoes a thrilling transformation this October, turning into a captivating Crime Scene for its inaugural Halloween celebration....
https://knews.kathimerini.com.cy/en/news/new-senate-chairman-eyes-turkey-s-f-16-deal
The Senate Foreign Relations Committee’s new chairman on Thursday said he would look at Turkey’s $20 billion Lockheed Martin F-16 fighter jet deal and that more issues than Sweden’s ascension to NATO would affect the decision on lifting his predecessor’s longstanding hold....
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/apartments-rule-but-prices-vary-by-province
According to Mr. Loizou of Ask Wire, the majority of Cyprus' population resides in apartments. Therefore, it comes as no surprise that among young buyers, typically around 30 years old, the most sought-after housing option is an apartment, particularly a two-bedroom one, whether for purchase or rent. However, the question arises: How do housing prices vary across different provinces?...
https://knews.kathimerini.com.cy/en/business/no-fee-increases-for-2024-at-larnaca-marina
Kition Ocean Holdings announced on Thursday that there will be no increases in berthing fees for recreational boat owners at Larnaca Marina in 2024. ...
https://knews.kathimerini.com.cy/en/news/first-lady-s-assistant-denied-extra-pay
A majority of the members of the Parliamentary Finance Committee approved the release of funds requested by the Presidency for salary payments, but the Committee unanimously rejected a separate request concerning overtime compensation for an employee temporarily assigned to the Presidency....
https://knews.kathimerini.com.cy/en/business/eurobank-to-acquire-hellenic-financial-stability-fund-stake
Eurobank Ergasias Services and Holdings S.A. has recently inked a conditional sale and purchase agreement with the Hellenic Financial Stability Fund. This agreement entails the acquisition of the Fund's entire stake in Eurobank's share capital....
https://knews.kathimerini.com.cy/en/comment/opinion/the-charms-of-a-forgotten-neighborhood
In Seat 7A, I don my mask and fasten my seatbelt, opening my book. ...
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/cypriot-bonds-dive-as-ecb-battles-inflation-surge
The value of Cypriot bonds held by the Eurosystem has dipped below €7 billion as the European Central Bank takes measures to combat inflation. ...
