https://knews.kathimerini.com.cy/en/business/rights-violations-raise-concerns-amid-sanctions
The Pancyprian Bar Association has expressed growing concerns over the violation of fundamental rights of both individuals and legal entities affected by the recent restrictive measures and sanctions imposed on April 12, 2023....
https://knews.kathimerini.com.cy/en/comment/opinion/forty-nine-years-of-lies
And suddenly we discovered that in the Occupied Territories, Greek Cypriot properties are being sold to Turkish Cypriots or Turks. Some of us went crazy and remembered the patriotic slogans about selling the holy and sacred places of the nation....
https://knews.kathimerini.com.cy/en/news/non-compliance-with-us-sanctions-bad-says-cbc-governor
No impact to financial stability has been recorded so far by the US and UK sanctions against Cypriot persons and entities for assisting Russian sanctioned nationals apart from Cyprus’ credibility, Governor of the Central Bank of Cyprus Constantinos Herodotou said on Wednesday, noting that non-compliance would pose 'very negative consequences to the economy'...
https://knews.kathimerini.com.cy/en/business/sales-of-halloumi-are-increasing
The registration of halloumi cheese as a protected designation of origin product has proven to be beneficial. This is demonstrated by the latest data from the statistical service regarding exports, as well as sales in the Cypriot market....
https://knews.kathimerini.com.cy/en/news/us-congressman-arrested-for-fraud-and-money-laundering
US Republican congressman George Santos has been arrested in New York on federal charges of fraud, money laundering and theft of public funds....
https://knews.kathimerini.com.cy/en/news/trump-found-liable-for-sexual-abuse-accuser-awarded-$5-million
A federal jury on Tuesday found that Donald Trump sexually abused and defamed E. Jean Carroll, a writer who accused the former president of attacking her in a department store dressing room in the 1990s....
https://knews.kathimerini.com.cy/en/business/attica-s-real-estate-market-delivers-126-returns-in-last-5-years
The housing market has recently evolved into one of the most profitable investments, with a return of up to 126% during the last five years (2017-2022)....
https://knews.kathimerini.com.cy/en/business/interest-rates-rise-for-housing-and-corporate-loans
Interest rates for housing loans in March 2023 increased by 1.25% compared to February 2023, while interest rates for corporate loans also rose, according to statistics released Friday by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/loans-surge-in-march-2023-a-mix-of-new-and-renegotiated-contracts
Total new loans recorded an increase to €922.5 million in March 2023, compared with €527.5 million in the previous month, according to data released Friday by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/business/q1-2023-sales-reach-€1-7-billion-despite-challenges
During the first quarter of 2023, the total value of properties sold was €1.7 billion. Despite facing numerous challenges that are starting to impact the real estate market, it has shown resilience...
https://knews.kathimerini.com.cy/en/news/who-declares-end-to-covid-19-global-emergency
The World Health Organization said Friday that Covid-19 no longer qualifies as a global emergency, marking a symbolic end to the devastating coronavirus pandemic that triggered once-unthinkable lockdowns, upended economies worldwide and killed at least 7 million people worldwide....
https://knews.kathimerini.com.cy/en/news/health-ministry-reports-10-deaths-and-over-2000-cases-of-covid
Ten deaths were announced by the Ministry of Health between April 21 to May 4 due to COVID-19 as well as 2.404 new cases....
https://knews.kathimerini.com.cy/en/news/romanians-protest-for-schengen-accession
Hundreds of Romanians participated in the protest organized in Brussels by the Alliance for the Union of Romanians (AUR) party to stop treating Romanians as second-class European citizens....
https://knews.kathimerini.com.cy/en/news/kilicdaroglu-s-visa-free-travel-pledge-to-europe-unlikely-to-happen-soon
The pledges of the Turkish Presidential Candidate, Kemal Kilicdaroglu, made last month regarding visa-free travel with Europe within three months may not become a reality any time soon after German officials denied such claims....
https://knews.kathimerini.com.cy/en/news/commissioner-in-cyprus-to-probe-russian-asset-freeze
Commissioner Reynders will request information on the total value of the assets of 'Russian oligarchs' in Cyprus that have been frozen by the authorities he told Cyprus News Agency in an interview, noting that so far, according to official figures 104 million euros in assets have been frozen, which is considered a low amount...
https://knews.kathimerini.com.cy/en/business/employers-and-trade-unions-clash-over-cola-index-proposal
Today, Wednesday, May 3rd, employers will have a meeting regarding the Cost of Living Adjustment (CoLA) index, and on Thursday, May 4th, the trade unions will have theirs....
https://knews.kathimerini.com.cy/en/news/cyprus-deposits-reach-€51-9b-loans-at-€25-1b-in-march-2023
Total deposits reached €51.9 billion in March 2023, while total loans stood at €25.1 billion, according to data published by the Central Bank of Cyprus on Tuesday, in the April 2023 edition of Monetary and Financial Statistics....
https://knews.kathimerini.com.cy/en/business/cyprus-ranks-3rd-in-eu-for-long-working-hours
A 9.7% of employed people in Cyprus (7% in the EU) worked long hours (working usually 49 hours or more per week) in their main job in 2022 according to data published by Eurostat, the statistical service of the European Union. Cyprus also had the third-largest percentage among all member states....
https://knews.kathimerini.com.cy/en/news/household-electricity-and-gas-prices-surge-across-eu-in-2022
In the second half of 2022, average household electricity prices in the EU continued to show a sharp increase compared with the same period in 2021, from 23.5 euros per 100 kWh to 28.4 euros per 100 kWh in the EU, and from 23.0 euros per 100 kWh to 32.6 euro per 100 kWh in Cyprus, according to data released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/who-s-taking-care-of-the-little-ones-in-cyprus
In 2021 Cyprus was one of the countries with the largest percentage of children under three years old (45% compared to 21% in the EU) whose parents assigned at least one hour per week of care to professional child-minders, grandparents, other household members (excluding parents), other relatives, friends or neighbors, according to data released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/lack-of-aircraft-preventing-global-air-travel-recovery
The air travel industry has recently been facing delays in aircraft deliveries, a problem that is not allowing it to fully recover from the pandemic....
https://knews.kathimerini.com.cy/en/business/mykonos-bar-ordered-to-remove-illegal-builds-or-face-euro-22m-euro-fine
The owners of the Principote beach club in Panormos on the island of Mykonos started work on Monday to remove some of the illegal constructions for which they have been fined 22.2 million euros....
https://knews.kathimerini.com.cy/en/comment/opinion/the-unintended-consequence-how-our-online-history-built-the-ai-industry
The AI boom is built on data, the data comes from the internet, and the internet came from us....
https://knews.kathimerini.com.cy/en/business/1-april-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/the-turkish-formula-for-cyprus-is-challenging
A complex equation for the Cyprus problem is foreseen by circles at the EU headquarters, regardless of who wins Turkey's elections. This is because neither of the two main candidates, Tayyip Erdogan nor Kemal Kilicdaroglu, has the resolution of the Cyprus problem on their agenda. ...
https://knews.kathimerini.com.cy/en/news/eurostat-drop-in-driving-lesson-prices-in-cyprus-and-rise-in-eu
According to data released by Eurostat, prices for driving lessons and relevant services dropped by 1.6% in 2022 in Cyprus, while increasing in all other EU member states and by 4.8% overall in the EU....
https://knews.kathimerini.com.cy/en/news/cypriot-hourly-wages-still-under-eu-average
In 2022, the average hourly wages and salaries in the whole economy were estimated to be 15.6 euros in Cyprus, 22.9 euros in the EU and 25.5 euros in the euro area, according to data released by Eurostat, the statistical service of the EU. Compared with 2021, they increased by 7.5% in Cyprus, by 4.4% in the EU and by 4.0% in the euro area...
https://knews.kathimerini.com.cy/en/business/numerous-foreclosure-sales-expected-in-2023-and-2024
The COVID-19 pandemic and the subsequent suspension of divestments since 2020 have led to the creation of a considerable volume of properties for disposal that banks and credit purchase companies have on their balance sheets....
https://knews.kathimerini.com.cy/en/news/excess-deaths-down-in-eu-but-not-in-cyprus
For the first time since the beginning of the COVID-19 pandemic, there was no excess mortality recorded in the EU in February 2023, while Cyprus recorded the highest rate of excess mortality during the same month, according to data published by Eurostat...
https://knews.kathimerini.com.cy/en/news/cyprus-tourism-surges-with-61-increase-in-q1-2023
Tourist arrivals to Cyprus went up by 61% during the first quarter of 2023, reaching 393,893, compared to 244,705 in the corresponding period of 2022, according to data published by the Cyprus Statistical Service on Tuesday....
