https://knews.kathimerini.com.cy/en/news/turkey-s-february-inflation-hits-67-07-raises-policy-concerns
Turkey's annual inflation rate surged to 67.07% in February, surpassing expectations and sustaining pressure for a stringent monetary policy. Finance Minister Mehmet Simsek acknowledged that inflation would remain high in the coming months due to base effects and the delayed impact of previous rate hikes....
https://knews.kathimerini.com.cy/en/news/inflation-and-new-markets-propel-spending-close-to-€3-billion-in-2023
Just before the end of last summer, economic analysts' projections for 2023 tourism revenue were nearing a record close to €3 billion. ...
https://knews.kathimerini.com.cy/en/news/cyprus-economic-growth-soars-2-5-for-2023
Cyprus' economic growth is estimated at 2.5% in real terms in 2023. At current prices, the Gross Domestic Product (GDP) is estimated to increase by 7.1%, according to the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/news/nissi-beach-ranks-22nd-globally-on-tripadvisor
In the recently released list of the world's top 25 beaches by TripAdvisor, Nissi Beach in Cyprus proudly claims the 22nd spot, says Maria Eracleous of Kathimerini. ...
https://knews.kathimerini.com.cy/en/news/after-berengaria-comes-the-development-of-the-highlands
In recent months, work on the historic Berengaria Hotel in Prodromos, a €35 million project, has come to a standstill. But this is only temporary....
https://knews.kathimerini.com.cy/en/news/controversial-las-vegas-on-the-mediterranean-plan-for-varosha-unveiled
A proposal to transform Varosha into a ''Las Vegas on the Mediterranean'' has surfaced, reportedly backed by a consortium of global billionaire businessmen, as revealed by the British newspaper Daily Express....
https://knews.kathimerini.com.cy/en/news/is-dining-out-turning-luxurious
It's no secret that our favorite cafes and fast-food joints are becoming increasingly expensive, leaving a bitter taste in the mouths of consumers. The recent surge in prices, fueled by the relentless march of inflation, is reshaping our spending habits and challenging our wallets....
https://knews.kathimerini.com.cy/en/news/l-atelier-robuchon-tops-cyprus-50-best-bars-and-restaurants
In the short space of a few months, another prestigious distinction was bestowed upon L'Atelier Robuchon. ...
https://knews.kathimerini.com.cy/en/news/nicosia-s-boutique-hotel-scene-flourishes-amid-tourism-surge
Seeking accommodation in a hotel in Nicosia for February, the search yields 22 options. Narrowing the search by distance from the city center results in fewer choices, yet still satisfactory. Twelve boutique units, primarily small boutique hotels, emerge from the search on booking.com....
https://knews.kathimerini.com.cy/en/news/cyprus-dining-experience-elevated-at-wiz-50-best-awards
For the second consecutive year, WiZ GUIDE, SppMedia Group, and the Bank of Cyprus co-hosted the prestigious ''WiZ 50 BEST Restaurants'' ceremony....
https://knews.kathimerini.com.cy/en/news/vultures-feeding-frenzy-at-limassol-restaurant-sparks-poisoning-concerns
In a peculiar dining affair at the Limnatis restaurant in Limassol, vultures and kites are emerging as avid patrons of ''fine dining,'' as per a statement from the Birdlife Cyprus, which posted a video from the scene....
https://knews.kathimerini.com.cy/en/news/beyond-the-comfort-zone-for-sustainable-growth
The comfort zone, an imaginary haven of safety and certainty, doesn't always foster growth....
https://knews.kathimerini.com.cy/en/comment/opinion/cypriot-society-a-landscape-where-pizzas-outpace-police
We live in a society where pizzas arrive faster than the police, once remarked French director Claude Chabrol, and I fear this holds particularly true in the case of our state. Unfortunately, unlike the Cypriot Police, the Cypriot underworld operates like a Swiss watch....
https://knews.kathimerini.com.cy/en/news/economic-snapshot-3-9-rise-in-consumer-prices
The Harmonized Index of Consumer Prices showed a 1.9% increase in December 2023 compared to the same month in 2022, but experienced a 1.2% decrease compared to the previous month....
https://knews.kathimerini.com.cy/en/news/sheikh-s-$203m-investment-brings-the-waldorf-astoria-to-greece
Abu Dhabi's Sheikh Takhoun bin Zayed Al Nayan, known for his extensive investments in Greece since 2018, is set to mark a milestone with the construction of the first ''Waldorf Astoria Hotel & Resort'' in Greece....
https://knews.kathimerini.com.cy/en/news/south-korea-bans-dog-meat-landmark-legislation-ends-centuries-old-practice
South Korea's parliament passed a bill on Tuesday to ban the eating and selling of dog meat, a move that will end the controversial centuries-old practice amid growing support for animal welfare....
https://knews.kathimerini.com.cy/en/news/cypriots-pack-bags-for-record-breaking-2023-getaways
Cypriots are preparing suitcases for abroad, taking advantage of the short holidays offered by the Christmas and New Year celebrations....
https://knews.kathimerini.com.cy/en/life/doughnut-diplomacy-as-krispy-kreme-invades-paris-sparking-croissant-crisis
France, renowned for its culinary artistry, especially in the realm of patisserie, has recently found itself caught in the irresistible allure of the American doughnut, courtesy of Krispy Kreme....
https://knews.kathimerini.com.cy/en/news/south-korea-breaks-with-tradition-announcing-plans-to-ban-dog-meat-consumption
South Korea is set to ban eating dogs by 2027, according to the policy chief of the ruling People Power Party, Yu Eui-dong. At a meeting with government officials and animal rights activists, ...
https://knews.kathimerini.com.cy/en/news/cyprus-robust-11-8-surge-in-household-spending-defies-eu-norms
In 2022, Cyprus experienced a notable 11.8% increase in household final consumption expenditure compared to the previous year, surpassing the EU's overall growth of 4.7%, as reported by Eurostat. ...
https://knews.kathimerini.com.cy/en/business/cyprus-economy-grows-strong-at-2-5-in-q3-2023
Good news for Cyprus! The country's economy had a solid growth spurt, reaching 2.5% in the third quarter of 2023. That's better than the same time last year. ...
https://knews.kathimerini.com.cy/en/business/nicosia-mall-reveals-ambitious-plans-for-limassol-shopping-center
In a recent announcement, Nicosia Mall disclosed its intentions for the forthcoming opening in Limassol. ...
https://knews.kathimerini.com.cy/en/news/nations-unite-for-a-tobacco-free-tomorrow
There is a growing number of countries implementing measures to curb smoking, to eradicate the habit in future generations. Portugal, Canada, Australia, France, New Zealand, Mexico, and the UK are among those taking steps to create a smoke-free generation....
https://knews.kathimerini.com.cy/en/business/russian-tycoons-secure-bargains-as-multinationals-retreat
In the post-Ukraine war era, a unique trend is shaping Russia's business landscape. Big Western players like McDonald's, Ball Corp., and Henkel AG made a swift exit, leaving behind a $21 billion void. Enter a new generation of Russian business leaders, seizing opportunities amidst the multinational exodus....
https://knews.kathimerini.com.cy/en/news/ministries-unite-to-transform-halloumi-industry
There is a need for order, mainly regarding the conduct of inspections but also other issues related to the production and distribution of halloumi cheese, the Ministry of Commerce and the Ministry of Agriculture are trying, with George Papanastasiou and Petros Xenofontos agreeing that the management of all issues concerning the product, should be transferred to one and only ministry. And this was deemed necessary, since halloumi is now a protected designation of origin....
https://knews.kathimerini.com.cy/en/news/standing-pods-and-robot-flight-attendants-on-2050-airline-cabins
Artificial intelligence can be brutally honest and play up to stereotypical views - as Irish budget airline Ryanair found out recently....
https://knews.kathimerini.com.cy/en/news/7-000-tons-of-halloumi-on-the-brink
Official Ministry of Agriculture data have unveiled a critical situation in the halloumi production industry, a beloved and essential product in Cyprus....
https://knews.kathimerini.com.cy/en/business/mcdonalds-israel-in-the-hot-seat-for-giving-away-100-000-free-meals-to-soldiers
Tensions are playing out at McDonald’s locations across the Middle East as the Israel-Hamas war rages on....
https://knews.kathimerini.com.cy/en/business/celestyal-cruises-unveils-largest-fleet-gem-celestyal-journey-in-limassol-port
Celestyal Cruises presented its largest fleet jewel, the "Celestyal Journey," at Limassol Port this Wednesday. The vessel has been part of the routes that commenced last September, scheduled to continue until June 2024, with the exceptions of January and February....
https://knews.kathimerini.com.cy/en/business/co-founder-of-foody-shares-inspiring-start-up-journey
Michalis Economou, a co-founder and former CEO of Foody, Cyprus's largest food ordering and delivery platform, recently recounted their remarkable start-up journey at the Digital Agenda event....
