https://knews.kathimerini.com.cy/en/business/abu-dhabi-s-purehealth-expands-into-cyprus
Cypriot citizens may soon see noticeable changes in their healthcare services following a significant acquisition deal involving PureHealth, an Abu Dhabi-based healthcare company....
https://knews.kathimerini.com.cy/en/news/100-tax-on-foreign-buyers-in-spain
Spain’s Prime Minister Pedro Sanchez has proposed bold measures to address the country’s housing crisis, including a 100% tax on homes purchased by non-EU foreigners....
https://knews.kathimerini.com.cy/en/news/data-center-emissions-skyrocket-662-beyond-what-they-claim
A analysis by The Guardian reveals that the actual greenhouse gas emissions from Google, Microsoft, Meta, and Apple’s data centers may be 7.6 times higher than what these companies officially report....
https://knews.kathimerini.com.cy/en/comment/opinion/it-was-a-low-bar
The Housing Grant Scheme for young couples and individuals up to 41 years of age was launched on 31 October 2024, with a target of 400 beneficiary applications and a total budget of €15 million. ...
https://knews.kathimerini.com.cy/en/news/georgian-ballet-to-dazzle-paphos-in-march
World-class artistry is coming to Paphos this spring, as the renowned Georgian National Ballet Sukhishvili takes the stage for two breathtaking performances....
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/historic-italian-island-faces-sotheby-s-auction-unbeknownst-to-local-residents
Local residents of Bacoli, near Naples, were left stunned and disheartened when it was announced that the historic Punta Pennata island is being auctioned off by Sotheby’s. ...
https://knews.kathimerini.com.cy/en/news/biden-announces-$770-payments-for-california-wildfire-victims
In an effort to provide swift relief to those affected by California's devastating wildfires, President Joe Biden announced one-time payments of $770 for victims....
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/business/starbucks-new-rule-no-coffee-no-entry
Starbucks is set to roll out a new policy requiring customers to make a purchase if they wish to linger in its cafes or use its bathrooms. ...
https://knews.kathimerini.com.cy/en/news/homeownership-in-cyprus-drops-below-eu-average
In 2023, 68.8% of Cypriots owned their homes, slightly below the EU average of 69.2%, according to Eurostat. Conversely, 31.2% of the population lived in rented housing, just above the EU average of 30.8%....
https://knews.kathimerini.com.cy/en/news/joker-€4-8m-jackpot-unclaimed-€100k-win-in-cyprus
The €4.8 million Joker jackpot remains unclaimed after Thursday night’s draw, but one lucky ticket holder in Cyprus still walked away with a hefty prize....
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/news/french-investment-powers-up-cyprus-greece-electricity-link-with-€1-9b-deal
A significant agreement has been reached for the long-anticipated Cyprus-Greece electricity cable project, led by ADMIE, Greece's power grid operator. This project, which aims to connect the power grids of Cyprus and Greece, has secured new funding and a strategic partner....
https://knews.kathimerini.com.cy/en/business/elon-musk-becomes-first-person-to-achieve-a-$400-billion-net-worth
Elon Musk, the world’s richest person, has reached an unprecedented milestone: a net worth of $400 billion, according to Bloomberg....
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/cutting-edge-american-rifles-boost-cyprus-security-forces
According to a report by Kathimerini reporter Yiannis Ioannou, the ties between the United States and Cyprus continue to grow stronger, now making a practical impact on the field....
https://knews.kathimerini.com.cy/en/life/temu-s-tempting-deals-are-a-double-edged-sword-for-cypriot-shoppers
Temu, an emerging e-commerce platform, offers an extensive range of products, from gadgets and household goods to clothing and toys, at remarkably low prices....
https://knews.kathimerini.com.cy/en/business/cyprus-parliament-approves-limit-on-large-cash-transactions
Cyprus lawmakers have taken a significant step in tackling money laundering and illegal activities by approving a proposal to limit large cash transactions....
https://knews.kathimerini.com.cy/en/business/black-friday-buzz-as-shoppers-return-in-full-force
According to an article by Dorita Yiannakou, this past week, the retail scene came alive with the buzz of Black Friday. ...
https://knews.kathimerini.com.cy/en/news/cyprus-strengthens-military-strategy-with-focus-on-us-armaments
Cyprus has been making strategic shifts in its military and diplomatic approach, particularly with regard to its relationship with NATO and its defense infrastructure, according to an article by Apostolos Tomaras in this Sunday's Kathimerini. ...
https://knews.kathimerini.com.cy/en/comment/opinion/why-the-nato-debate-is-still-a-divisive-issue-in-cyprus
The NATO debate in Cyprus has always been polarizing. Unlike the real debate on membership in the North Atlantic Alliance—which requires preconditions and an invitation, not just an "application"—...
https://knews.kathimerini.com.cy/en/news/cyprus-eu-anniversary-coins-spark-collector-mania
The Central Bank of Cyprus’ commemorative coins celebrating 20 years since Cyprus joined the European Union have proven to be a hot commodity among collectors....
https://knews.kathimerini.com.cy/en/news/court-hands-down-stiff-sentences-in-major-extortion-and-embezzlement-case
In a significant move against financial crime, the Criminal Court in Larnaca has handed down tough sentences to two men involved in an elaborate scheme of extortion, embezzlement, and money laundering. ...
https://knews.kathimerini.com.cy/en/business/petrolina-acquires-esso-in-cyprus-for-€48-6-million
Petrolina (Holdings) Public Limited (PHL) has successfully acquired ExxonMobil Cyprus Limited (EMCL), the company behind the Esso brand in Cyprus, for €48.6 million. ...
https://knews.kathimerini.com.cy/en/business/eurobank-s-€1-2-billion-investment-in-cyprus-signals-confidence
According to Kathimerini's Panayiotis Rougalas, Eurobank has made significant strides in its investment in the Cypriot banking sector, particularly with its ongoing acquisition of Hellenic Bank....
https://knews.kathimerini.com.cy/en/business/eurobank-acquires-full-control-of-hellenic-bank
Eurobank has taken a significant step in consolidating its presence in Cyprus, announcing the acquisition of a controlling stake in Hellenic Bank, according to a report by Panyiotis Rougalas....
https://knews.kathimerini.com.cy/en/news/ellen-degeneres-joins-americans-eyeing-life-abroad-after-trump-s-return-to-power
Former talk show host and comedian Ellen DeGeneres is trading sunny California for the picturesque Cotswolds in England, following Donald Trump’s 2024 presidential election victory....
https://knews.kathimerini.com.cy/en/business/primary-residence-and-the-benefit-of-5-reduced-vat-rate
Nowadays having your own permanent residence is a must, however the cost for the acquisition or construction of a house/apartment has significantly increased in the last few years....
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....
