https://knews.kathimerini.com.cy/en/news/fiscal-council-cautions-on-2024-economic-risks-despite-optimism
Recently, the Cyprus Fiscal Council took a close look at how our economy is doing. They gave us some important info based on their study....
https://knews.kathimerini.com.cy/en/news/senior-cia-officer-takes-public-stance-on-israel-palestine-crisis
In an unusual move, a high-ranking CIA official has stirred controversy by posting a pro-Palestine image on Facebook amid the ongoing conflict between Israel and Hamas....
https://knews.kathimerini.com.cy/en/news/nigerian-gang-exploits-facebook-connections-in-elaborate-scam
Greek authorities have dismantled a criminal organization consisting of Nigerian and Sierra Leonean nationals accused of duping women out of substantial sums of money through an elaborate online scam....
https://knews.kathimerini.com.cy/en/news/ministry-s-robust-€65-2m-budget-signals-ambitious-2024-plans
At 65.2 million euros, the proposed budget of the Ministry of Tourism for 2024 surpasses previous years, accounting for initial budgets and excluding additional expenditures....
https://knews.kathimerini.com.cy/en/news/no-plans-to-cut-interest-rates-amid-inflation-worries
The perspective advocated by many young individuals, endorsing a declaration of victory over inflation, is articulated by Dr. Jensen, the president of the German Bundesbank....
https://knews.kathimerini.com.cy/en/news/human-remains-found-in-akamas-identified-as-missing-british-resident
The bones discovered on November 15 in Akamas have been positively identified as belonging to John Hugo, a 69-year-old British man and a permanent resident of Cyprus, according to statements from Assistant Police Operations Director Michael Nicolaou to CNA....
https://knews.kathimerini.com.cy/en/news/israel-approves-more-releases-as-truce-nears-deadline
In a surprising turn of events, the Israel-Hamas truce has rolled into its fifth day, bringing a ray of hope amid the recent tensions. Both sides have been diligently releasing hostages, signaling a possible thaw in the conflict....
https://knews.kathimerini.com.cy/en/news/partly-cloudy-skies-and-gradual-temperature-climb
In the coming days, our region will experience the influence of weak high pressure, bringing about a mix of weather conditions. Today, anticipate partly cloudy skies as winds vary from northwest to southwest, initially light to moderate at 3 to 4 Beaufort....
https://knews.kathimerini.com.cy/en/news/first-case-of-swine-flu-strain-detected-in-uk
In a recent development, health officials in the UK have confirmed the detection of a person infected with a strain of flu akin to viruses observed in pigs....
https://knews.kathimerini.com.cy/en/business/city-of-dreams-mediterranean-faces-bumpy-start-with-181-job-losses
In a stark indicator of the challenges facing the Limassol casino-resort, the recent dismissal of 181 employees reveals significant issues four months after its grand opening. ...
https://knews.kathimerini.com.cy/en/business/dac6-revisited-through-the-prism-of-dac8
The Directive on Administration Cooperation (''DAC'') has been amended multiple times since 2011 to allow for the automatic exchange of information across multiple fields of taxation....
https://knews.kathimerini.com.cy/en/news/declines-in-kerosene-and-heating-gasoil-offset-by-surges-in-aviation-fuel-sales
Sales of Cyprus’ petroleum products recorded a 1.3% decline in October 2023, totaling 130,677 tonnes, marking a downturn compared to the same month in 2022....
https://knews.kathimerini.com.cy/en/news/portugal-breaks-records-with-149-hours-of-uninterrupted-renewable-energy
In a remarkable feat, Portugal achieved a new milestone by generating more renewable energy than its electricity demands for an unprecedented 149 consecutive hours....
https://knews.kathimerini.com.cy/en/news/international-red-cross-secures-release-of-civilian-hostages-in-gaza-strip
In a significant development, the International Red Cross has taken custody of 24 civilian hostages held in the Gaza Strip, as reported by Qatar's foreign ministry spokesman. ...
https://knews.kathimerini.com.cy/en/news/kedipes-introduces-rent-to-own-scheme-for-vulnerable-households
Starting December 4, the government, in collaboration with KEDIPES, opens applications for the innovative "rent for hire-purchase" scheme. This initiative aims to fully settle loans secured on the main residences of vulnerable households, offering a lifeline to those facing financial challenges....
https://knews.kathimerini.com.cy/en/news/the-complex-effects-of-screens-on-kids-brain-functions
In a comprehensive study spanning 23 years and involving over 30,000 children under 12, researchers discovered that prolonged screen exposure induces significant changes in various brain regions....
https://knews.kathimerini.com.cy/en/business/partial-reports-of-recent-cyberattacks-in-cyprus-to-be-made-public
Commissioner for Personal Data Protection, Irene Loizidou Nicolaidou, informed the Parliament's Finance Committee that reports on cyberattacks targeting the Land Registry, University of Cyprus, and Open University...
https://knews.kathimerini.com.cy/en/news/which-meats-will-cost-you-less-with-zero-vat
In a recent interview, Kostas Livadiotis, president of the butcher association, shed light on the upcoming changes in VAT for various meat products....
https://knews.kathimerini.com.cy/en/business/black-friday-blues-as-hsbc-goes-down-on-biggest-sales-day-of-the-year
On Black Friday, thousands of HSBC customers in the UK reported difficulties accessing mobile banking services, causing disruptions for those seeking to make purchases amidst retailer discounts. Downdetector, a website tracking service, recorded over 4,100 complaints regarding the malfunctioning banking app....
https://knews.kathimerini.com.cy/en/news/serbia-s-deal-with-cyprus-strengthens-air-force
In a move to enhance its air force capabilities, Serbia has acquired eleven Russian-made Mi-35 military helicopters from Cyprus, solidifying its position as a key player in the regional military landscape....
https://knews.kathimerini.com.cy/en/news/israel-hamas-truce-sparks-anticipation-for-families
A four-day ceasefire in the Israel-Hamas conflict began today, providing a temporary respite for the war-weary residents of Gaza and Israel. The truce, initiated at 7 a.m. local time, paves the way for the release of hostages held since Hamas' October 7 attack....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-drop-in-savings-to-6-5-eurostat-highlights
Saving rates were significantly lower than in 2021 (13.47 in Cyprus, 16.4% in the EU), and closer to the values before COVID-19 pandemic (5.8% in Cyprus and 12.3% in the EU in 2019)....
https://knews.kathimerini.com.cy/en/comment/opinion/giving-thanks-in-cyprus-with-american-spirit-and-cypriot-flavor
As I sit down to reflect on this Thanksgiving Day, I find myself in beautiful Cyprus, a place I've called home for nearly two decades. While the traditions may differ from the familiar scenes in the United States,...
https://knews.kathimerini.com.cy/en/news/car-crash-at-us-canada-border-kills-2
A dramatic incident unfolded on Wednesday as a high-speed crash on the Rainbow Bridge connecting New York and Ontario resulted in a fiery catastrophe, claiming the lives of two individuals in the vehicle....
https://knews.kathimerini.com.cy/en/news/decoding-the-secrets-of-confidential-oligarch-deals
Hours before Cyprus faced criticism in the European Parliament for alleged involvement of Cypriot companies in the movement of funds for Russian oligarchs, officials in Nicosia defended their reputation.
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https://knews.kathimerini.com.cy/en/business/major-players-unveil-ambitious-plans-for-shopping-malls-in-limassol
After Nicosia, the competition among shopping centers is shifting to the market in Limassol. The focus of the two strong players in the capital, Nicosia Mall (owned by Zorpa Group, PHC Group, Athienitis Group, and VLM Group) and Atterbury Europe (Mall of Cyprus), is set on their next investments in Limassol....
https://knews.kathimerini.com.cy/en/business/cyprus-gets-bbb-boost-in-latest-ratings-but-challenges-persist
The German Scope Ratings have given a positive sign for Cyprus by upgrading the country to BBB+ last Friday from the previous BBB while keeping the outlook of the economy stable. ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-honest-state
Whenever Cyprus becomes the focus of an international journalistic investigation, the perception within the media, political circles, and civil society follows a familiar pattern: initial anticipation or curiosity, followed by a few days of discussion about the country's reputation and questionable practices. ...
https://knews.kathimerini.com.cy/en/news/israel-to-free-hostages-in-exchange-for-peace
In a significant diplomatic breakthrough, Israel has approved a deal with Hamas, paving the way for the release of 50 hostages in exchange for a temporary cease-fire in Gaza lasting at least four days....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-33-drop-in-new-asylum-applications-compared-to-19-eu-increase
In August 2023, the European Union saw a 19% increase in new asylum seekers compared to the same period in 2022, with 91,735 applications recorded. ...