https://knews.kathimerini.com.cy/en/news/belgian-ride-sends-riders-flying-caught-on-video
A fairground ride in Belgium has left three people in critical condition after safety bars malfunctioned, sending riders violently flying out of their seats....
https://knews.kathimerini.com.cy/en/news/russia-implements-bold-rate-hike-amidst-economic-challenges
Russia's central bank took swift action today, increasing its key interest rate by 350 basis points from 8.5 percent to 12 percent. This urgent move aimed to counteract the recent decline of the ruble, which was triggered by the Kremlin's call for stricter monetary policy....
https://knews.kathimerini.com.cy/en/news/russia-s-ruble-drops-to-lowest-level-since-2022-conflict
The Russian ruble slid past 100 against the dollar Monday, its lowest level since March 23, 2022 -- weeks after Moscow unleashed full-scale hostilities in Ukraine....
https://knews.kathimerini.com.cy/en/news/inland-areas-to-reach-scorching-44°c
In a recent development, the Meteorology Department has issued an orange warning indicating the onset of exceptionally high temperatures. This advisory will remain in effect starting from 11:00 AM on Monday (14/08) until 6:00 PM on the same day. ...
https://knews.kathimerini.com.cy/en/business/is-home-really-the-best-office
Working remotely has its advantages, but there's growing evidence to support what many managers have long suspected: Fully remote workers are less productive....
https://knews.kathimerini.com.cy/en/business/boc-reports-€220-million-profit-for-first-half-of-2023
Bank of Cyprus Group has reported a robust profit after tax of €220 million for the first half of 2023, a significant leap from the €43 million recorded in the same period of 2022. Notably, €125 million of these profits were achieved in the second quarter of 2023....
https://knews.kathimerini.com.cy/en/news/limassol-fire-under-control-as-support-aircraft-depart
The recent fire that swept through the semi-mountainous region of Limassol is now contained, according to Andreas Kettis, spokesperson for the Fire Service. Kettis conveyed to CNA on Wednesday that while the situation is under control, firefighting units will remain on-site to address any potential flare-ups....
https://knews.kathimerini.com.cy/en/news/police-had-prior-warning-of-croatian-hooligans-ahead-of-soccer-clash
The police had been informed in time about the movements of the Croatian hooligans ahead of the Champions League qualifying game between AEK Athens and Croatia’s Dinamo Zagreb on Tuesday, ...
https://knews.kathimerini.com.cy/en/news/croatian-hooligans-clash-with-greek-soccer-fans-in-deadly-athens-encounter
Investigations are underway to determine how an estimated 100-120 Croatian hooligans traveling on buses and in cars made their way to Athens from Zagreb on Monday and engaged in deadly clashes with local soccer fans despite a ban on supporters traveling to Greece for a match between Dinamo Zagreb and home team AEK on Tuesday....
https://knews.kathimerini.com.cy/en/news/balancing-clear-skies-and-climatic-shifts
Expect mostly clear skies today. Wind direction will vary from southwest to northwest, starting off light and locally reaching moderate strength at 3 to 4 Beaufort. ...
https://knews.kathimerini.com.cy/en/news/tourism-sets-record-revenue-with-fewer-arrivals
The latest data on tourism revenues for the month of May has brought encouraging news for the tourism sector, signaling positive effects on the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/clear-skies-and-a-gradual-weather-shift
Today, we can expect mostly clear skies with a seasonal low-pressure system influencing the area. The winds will be coming from the southwest to northwest direction. ...
https://knews.kathimerini.com.cy/en/news/cyprus-industrial-prices-up-0-1-in-june
In June 2023, industrial producer prices in Cyprus increased by 0.1% compared with May 2023, while decreasing by 0.4% in both the eurozone and the EU, according to estimates from Eurostat, the statistical office of the EU....
https://knews.kathimerini.com.cy/en/news/is-poland-upset-with-ukraine
The eastern flank of the European Union — particularly Poland — continues to play a crucial role in helping Ukraine fight against Russia’s invasion. A recent diplomatic squabble over grain imports, compounded by historical issues, puts the once-stable footing at risk....
https://knews.kathimerini.com.cy/en/news/prices-of-homes-and-apartments-up-7-7-annually
The rise recorded in the housing market in Cyprus during the first quarter of 2023 was significant, as prices continued to increase, especially in apartments, mainly due to higher demand....
https://knews.kathimerini.com.cy/en/news/amman-to-welcome-president-in-official-visit
President of the Republic, Nikos Christodoulides pays a visit to Amman on Tuesday and will hold talks with King Abdullah II of Jordan....
https://knews.kathimerini.com.cy/en/news/greek-pm-honors-cyprus-heroes
On October 11th and 12th, the first intergovernmental meeting between Cyprus and Greece was held in Greece. President Nikos Christodoulides and Prime Minister Kyriakos Mitsotakis announced this after concluding their meeting at the Presidential Palace....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-elections-end-of-a-political-era
The Intermediate parties are facing survival problems, introspection, and doubts, despite being part of the coalition government....
https://knews.kathimerini.com.cy/en/news/3-700-electric-cars-devoured-in-ship-fire
As per AFP, the Dutch authorities are set to tow away a blazing cargo ship with hundreds of electric vehicles on board sitting off the country’s coast....
https://knews.kathimerini.com.cy/en/news/cyprus-on-high-alert-at-42°c
The Meteorological Service of Cyprus has issued a warning for an impending heatwave, with temperatures soaring up to 42 degrees Celsius on Friday....
https://knews.kathimerini.com.cy/en/news/hyperion-limassol-s-new-skyline-wheel
Limassol could soon have its own captivating observation wheel, similar to the famous London Eye....
https://knews.kathimerini.com.cy/en/news/expect-41°c-in-inland-areas
The Meteorology Department has issued a yellow warning for exceptionally high temperatures, in effect since yesterday at 9:00 PM and lasting until 6:00 PM today....
https://knews.kathimerini.com.cy/en/business/fitch
Fitch Ratings released a new report on Monday stating that the credit profiles of Greek and Cypriot banks have significantly improved over the past year due to de-risking and restructuring....
https://knews.kathimerini.com.cy/en/news/wildfires-force-greeks-to-flee-homes
Two wildfires, fanned by strong winds, raged uncontrolled through coastal towns near Athens on Monday forcing residents to flee their homes and prompting the evacuation of hundreds of children from a summer camp....
https://knews.kathimerini.com.cy/en/news/cyprus-parliament-rejects-bills-on-borrowers-rights
The Cyprus Parliament voted against two non-government bills regarding borrowers' rights on Thursday, disregarding warnings from the government and the Central Bank about potential threats to the stability of the financial sector....
https://knews.kathimerini.com.cy/en/news/hot-and-dry-weather-sparks-concerns
Meteorologists have issued an orange warning for high temperatures in the area, as a weak low-pressure system combines with warm and relatively dry air masses....
https://knews.kathimerini.com.cy/en/news/cyprus-approves-€361m-supplementary-budget-for-2023
With criticism against the government's agreement for the purchase of the Metropolitan building, which will house the Ministry of Labor and Social Insurance, the Plenary of the House of Representatives approved the supplementary state budget amounting to €361 million....
https://knews.kathimerini.com.cy/en/news/high-temperature-warning-issued-by-met-office
The Met Office has issued an orange warning for high temperatures in the region. According to the statement, the minimum temperature in the interior, west, and southern coasts is not expected to drop below 25 degrees Celsius,...
https://knews.kathimerini.com.cy/en/news/temperatures-soar-to-40°c
A scorching heatwave has descended upon the region, bringing sweltering temperatures and dry conditions....
https://knews.kathimerini.com.cy/en/news/relief-for-vulnerable-households-with-non-performing-loans
The ''Rent vs Instalment Scheme'' was approved by the Council of Ministers today, as announced by Government Spokesperson Konstantinos Letymbiotis following the conclusion of the Council. The European Commission's Directorate General for Competition also granted approval on July 6....
