https://knews.kathimerini.com.cy/en/news/cyprus-records-€575-5-million-in-new-loans
Cyprus recorded a significant increase in total new loans in February, reaching €575.5 million, up from €462.7 million in the previous month. This surge was primarily driven by a notable rise in loans granted to companies, totalling approximately €130 million, according to data released by the Central Bank of Cyprus (CBC).
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https://knews.kathimerini.com.cy/en/news/retail-turnover-surges-by-5-8-in-february-2024
The Turnover Value Index of Retail Trade for February 2024 surged by 5.8% compared to the same period the previous year, according to data released by the Statistical Service of Cyprus.
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https://knews.kathimerini.com.cy/en/news/audit-exposes-serious-issues-in-collecting-unpaid-taxes-in-cyprus
An audit report from the Tax Department for 2022 has uncovered a staggering accumulation of over €2.5 billion in arrears, with €1 billion considered unsecure due to delays in necessary measures, the Audit Service revealed....
https://knews.kathimerini.com.cy/en/news/€26-340-in-bounced-checks-in-march
In March 2024, a total of 15 bad cheques, amounting to €26,340, were issued, with 6 individuals (5 legal entities and 1 natural person) being listed in the preliminary registry of the Central Information Register (CIR) for dishonoured cheques.
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https://knews.kathimerini.com.cy/en/news/officer-s-patrol-car-not-a-taxi-remark-preceded-woman-s-tragic-end
A police officer who conversed with 28-year-old Kyriaki over the phone before her tragic demise outside the Agii Anargyri Police Station has provided insights into his statement, ''the patrol car is not a taxi.''
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https://knews.kathimerini.com.cy/en/news/finance-minister-extends-rent-program-to-assist-more-homeowners
The Cabinet has approved an expansion of beneficiaries for the Rent Relief Program against Installments, announced Finance Minister Makis Keravnos after the body's session.
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https://knews.kathimerini.com.cy/en/news/rhodes-island-initiates-special-visa-for-turkish-tourists
Officials on the Greek island of Rhodes opened a new vacation visa terminal for Turkish visitors Monday as part of a diplomatic effort to ease long-standing tensions between the two countries.
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https://knews.kathimerini.com.cy/en/news/countdown-begins-for-next-cyprus-central-bank-governor
As the clock ticks towards the end of Mr. Konstantinos Herodotou's tenure on April 11, all eyes are on the impending announcement of his successor by President Nikos Christodoulides. ...
https://knews.kathimerini.com.cy/en/news/cyprus-braces-for-impact-as-over-3-000-migrants-hit-record-highs
The recent promising developments in the realm of migration patterns may soon be relegated to history if proactive measures aren't swiftly implemented to address the recent surge in arrivals.
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https://knews.kathimerini.com.cy/en/news/cyprus-sees-6-2-increase-in-average-monthly-earnings-for-q4-2023
The average gross monthly earnings of employees in Cyprus during the fourth quarter of 2023 saw a notable increase compared to the same period in 2022, according to provisional data released by the Statistical Service of Cyprus on Tuesday....
https://knews.kathimerini.com.cy/en/business/cablenet-breaks-the-10-market-share-barrier-in-mobile-contract-subscriptions
The market share report published by the Office of the Commissioner for Electronic Communications and Postal Regulation (OCECPR) for the Electronic Communications market until the end of 2023 was fully aligned with Cablenet's 2023 financial performance....
https://knews.kathimerini.com.cy/en/news/ai-voice-cloning-raises-alarm-as-us-and-uk-forge-landmark-ai-safety-pact
A new form of deepfake technology, known as voice cloning, has recently surfaced, raising concerns about its potential misuse. OpenAI, a prominent tech company,...
https://knews.kathimerini.com.cy/en/news/gasoline-prices-rise-across-cyprus-provinces-after-subsidy-removal
Following the elimination of the 8.3-cent subsidy per liter on April 1st, increases in the average price of 95-octane gasoline have been observed in the provinces of Limassol, Nicosia, and Famagusta, with the exception of Paphos, where the price only rose by 8 cents....
https://knews.kathimerini.com.cy/en/news/wave-of-500-migrants-arrive-in-cyprus-within-48-hours
Two boats carrying a total of 68 migrants arrived in Cyprus during the night.
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https://knews.kathimerini.com.cy/en/news/banks-february-deposits-rise-by-€65-4-million
Total deposits in February recorded a significant net increase by €65.4 million following a decrease of €366.0 million in the previous month......
https://knews.kathimerini.com.cy/en/news/cyprus-industrial-output-soars-with-4-2-surge
Cyprus’ Industrial Production Index surged to 99.5 units (base year 2021=100), marking an annual increase of 4.2% compared to the same period in 2023, according to data released on Thursday by the Statistical Service of Cyprus.
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https://knews.kathimerini.com.cy/en/news/dirty-fuel-suspected-in-baltimore-bridge-collapse-tragedy
Federal, state, and local authorities are launching a comprehensive investigation into the tragic Baltimore bridge collapse, focusing on various potential factors, including the possibility of contaminated fuel playing a role. ...
https://knews.kathimerini.com.cy/en/news/cyprus-boasts-second-largest-eu-born-resident-share
Cyprus had the third largest share of foreign-born residents among EU countries (22.7%), and more specifically the second largest share of residents born in another EU country (10.6%) in 2023, according to data released by Eurostat....
https://knews.kathimerini.com.cy/en/news/cyprus-grapples-with-€80-million-surge-in-state-budget-deficit-for-2023
The state budget deficit for 2023 increased by €80 million compared to the deficit recorded in 2022, according to the Fiscal Report of the Republic of Cyprus for 2023, submitted to the House of Representatives....
https://knews.kathimerini.com.cy/en/business/audit-uncovers-mismanagement-in-cyprus-public-health-system
In a damning revelation, Auditor General Odysseas Michaelides unveiled alarming mismanagement within Cyprus' public health sector, particularly in its flagship National Health System (GESY). ...
https://knews.kathimerini.com.cy/en/news/guests-rejoice-as-airbnb-puts-an-end-to-spy-cameras
In a significant move applauded by privacy advocates, Airbnb has announced plans to prohibit the use of surveillance cameras in its rentals, effective April 30th. ...
https://knews.kathimerini.com.cy/en/news/hungarian-government-insider-alleges-corruption-cover-up
Former Hungarian government insider turned oppositionist Peter Magyar released an audio recording on Tuesday, alleging top officials conspired to cover up corruption, adding a new layer to a scandal that has rocked Prime Minister Viktor Orbán's political stronghold....
https://knews.kathimerini.com.cy/en/news/winter-2024-brings-17-boost-in-energy-production
Energean recorded new production growth in the first two months of 2024. Specifically, the company said in a statement that from 123 thousand......
https://knews.kathimerini.com.cy/en/news/february-s-financial-flaws-expose-16-bad-checks-€19-388-lost
In February 2024, a total of 16 bad cheques, amounting to €19,388, were issued, with 9 individuals (7 legal entities and 2 individuals) being listed in the preliminary registry of the Central Information Register (CIR) for dishonoured cheques....
https://knews.kathimerini.com.cy/en/news/cyprus-construction-costs-fall-2-23-in-2024
Price Index of Construction Materials in Cyprus recorded an annual decline of 2.23% in the first two months of 2024, reflecting the de-escalation path......
https://knews.kathimerini.com.cy/en/news/methamphetamine-use-in-cyprus-under-scrutiny
A pan-european Wastewater Analysis Survey shows that there is a significant use of methamphetamine in Cyprus, but there are lower levels of use than the European average for other substances.
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https://knews.kathimerini.com.cy/en/news/cyprus-invests-€3-2m-in-50-green-kiosks
Today, Cyprus marked a significant step forward in its environmental efforts with the signing of a contract for the supply and installation of 50 prefabricated Green Kiosks across its mountainous and remote regions.
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https://knews.kathimerini.com.cy/en/news/legal-battle-over-avvakoum-monastery-footage-commissioner-steps-in
Data Protection Commissioner, Irini Loizidou Nikolaides, discussed the ongoing investigation into allegations made by lawyers representing nuns regarding videos released by the Holy Monastery of Saint Avvakoum. ...
https://knews.kathimerini.com.cy/en/news/the-blurred-lines-between-the-church-state-and-scandal-in-cyprus
Last week, amid the shadow of scandals in the Church, ELAM President Christos Christou ensured to provide full coverage to Metropolitan Isaias, ...
https://knews.kathimerini.com.cy/en/news/cypriots-feel-downbeat-amid-global-events
A recent survey conducted by the Cyprus Association of Opinion Poll and Market Research Enterprises (SEDEAK) has revealed a prevailing sense of pessimism among Cypriots regarding the future of Cyprus...