https://knews.kathimerini.com.cy/en/business/2022-marks-best-real-estate-year-in-14-years
DANOS, a prominent real estate consulting agency, hails 2022 as a remarkable year for Cyprus real estate, breaking through the economic challenges and awakening from the post-COVID stagnation. ...
https://knews.kathimerini.com.cy/en/news/londoners-at-risk-as-average-rents-could-surge-to-£2-700-month-next-year
Average rental costs in London may soar to £2,700 per month next year, new figures from City Hall suggest....
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/business/italy-surprises-banks-with-40-windfall-tax
Italy's rightwing coalition sent shockwaves through the financial markets as it announced an unforeseen 40% tax on bank profits derived from higher interest rates. ...
https://knews.kathimerini.com.cy/en/news/the-triumphs-challenges-and-unity-in-the-mountains-of-limassol
The specter of the formidable Arakapa fire reawakened as an eight-and-a-half-square-kilometer blaze surged through Mountain Limassol. ...
https://knews.kathimerini.com.cy/en/news/cyprus-sees-population-surge-9-9-growth-in-a-decade
Cyprus' population recorded an increase of 9.9% in the period between 2011 and 2021, according to the preliminary results of the Census of Population and Housing 2021, published by the Statistical Service on Friday....
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/business/corporate-loans-above-€1-million-surge
The net new loans (excluding restructurings) in Cyprus amounted to €1.73 billion in the first half of 2023, showing a slight annual increase of 1.26%. The continuous interest rate hikes by the European Central Bank significantly slowed down the granting of housing loans....
https://knews.kathimerini.com.cy/en/business/southern-europe-shines-as-affordable-summer-haven
In an analysis by Allianz Research, holidays in southern European countries retain their cost advantage over other "competitive" summer destinations worldwide, despite rising expenses. ...
https://knews.kathimerini.com.cy/en/business/wizz-air-hits-milestone-with-6-million-passengers-at-larnaca-airport
Low-cost - airline Wizz Air, celebrated the successful transportation of six million passengers to and from the airport of Larnaka, Cyprus....
https://knews.kathimerini.com.cy/en/business/tourism-revenue-up-by-over-40
A significant increase of 40.7% on an annual basis was recorded in tourism revenue, based on the results of the Traveler Survey of the Cyprus Statistical Service....
https://knews.kathimerini.com.cy/en/news/patients-endure-extended-waits-for-beds-amidst-shortage
An elderly patient who suffered a stroke had to endure a grueling wait for a hospital bed at Pafos General Hospital's Intensive Care Unit (ICU) on Saturday, 22nd July....
https://knews.kathimerini.com.cy/en/news/europe-dominates-7-10-searched-summer-getaways
The European destinations continue to have the highest travel interest this summer, while Asia Pacific has experienced a surge in popularity, a recent research by Skift has revealed, showing the ten most searched destinations for travel in the summer of 2023 is led by Bangkok, Thailand....
https://knews.kathimerini.com.cy/en/news/when-drugs-for-weight-and-diabetes-backfire
Joanie Knight has a message for anyone considering drugs like Ozempic or Wegovy, which have become popular for the dramatic weight loss they can help people achieve....
https://knews.kathimerini.com.cy/en/news/chinese-fans-embrace-barbie-for-feminism
In recent years, China’s box office has been dominated by homegrown movies often with a nationalist lean, such as patriotic war epics. But this weekend, a different type of film captured national attention – one that’s decidedly American and bubblegum pink....
https://knews.kathimerini.com.cy/en/news/greece-tops-billionaires-mediterranean-getaways
Greece is this year's number one destination for billionaires in the Mediterranean, surpassing Italy, which traditionally was their top choice. However, according to the travel planners for the 1%, billionaires no longer want to go to Mykonos....
https://knews.kathimerini.com.cy/en/news/brexit-creates-passport-woes-for-tourists
A total of 254,316 holidaymakers’ valid passports do not comply with the post-Brexit rules for visiting the European Union countries, based on the figures from the HM Passport Office....
https://knews.kathimerini.com.cy/en/news/child-awarded-$800-000-in-mcdonald-s-nuggets-case
A Broward jury decided the answer was $800,000 Wednesday afternoon, the amount in damages McDonald’s will now have to pay a girl who received second-degree burns from a Chicken McNugget in 2019, a substantial decrease from the $15 million the family’s lawyers had requested....
https://knews.kathimerini.com.cy/en/news/global-economy-faces-$590-trillion-storm
A $590 trillion storm threatens the global economy as rising interest rates make more corporate debts problematic. ...
https://knews.kathimerini.com.cy/en/news/larnaca-piraeus-ferry-ready-to-set-sail-in-ten-days
In ten days, on July 29, the Larnaca - Piraeus ferry line is set to launch, and the demand has surged, with the Daleela ferry already fully booked. According to Deputy Minister of Shipping, Marina Hadjimanoli, who spoke on the show "Διασπορά Ειδήσεων" on SPOR FM,...
https://knews.kathimerini.com.cy/en/news/women-take-the-lead-in-education-in-europe
Approximately 2.6 million tertiary students in the European Union were registered in 2021, studying in culture-related fields, constituting 14 percent of all tertiary students in the bloc....
https://knews.kathimerini.com.cy/en/news/fire-threatening-100-dogs-in-animal-shelter-in-yiolou
A fire broke out near the community of Yolou on Tuesday, endangering an animal shelter housing approximately 100 dogs. Citizens are now making desperate pleas for assistance to evacuate the area and save the vulnerable animals....
https://knews.kathimerini.com.cy/en/news/tourism-to-drop-by-10-in-the-mediterranean
According to tourism agencies and experts, the high summer temperatures in Southern Europe could permanently change tourist habits, with more travelers choosing more relaxed destinations or taking their vacations in spring or autumn to avoid excessive heat.
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https://knews.kathimerini.com.cy/en/business/cyprus-tourism-soars-by-22-percent-in-june
In a significant boost to Cyprus' tourism sector, the country experienced a surge of 22.7% in tourist arrivals during June 2023, compared to the same month the previous year. The Statistical Service of Cyprus released the latest data, revealing that a total of 456,985 visitors flocked to the island in June, surpassing the 372,324 arrivals recorded in June 2022....
https://knews.kathimerini.com.cy/en/news/prioritizing-profits-over-patient-safety
Kelly Hanna underwent the amputation of her leg in 2020 after a Michigan doctor, self-proclaimed as the "leg saver," damaged her arteries while attempting to clear away plaque using metal wires....
https://knews.kathimerini.com.cy/en/news/rising-scams-in-cyprus
Telephone and online scams are on the rise in Cyprus, targeting vulnerable elderly individuals and attempting to swindle their hard-earned money....
https://knews.kathimerini.com.cy/en/news/a-disturbing-surge-in-incidents-reported-to-helpline-1480
Incidents reported to Helpline 1480 during the second quarter of 2023 have seen a notable increase of 47.97% compared to the same period in 2022, according to statistics released by the Ministry of Education on Wednesday....
https://knews.kathimerini.com.cy/en/news/over-40-000-unpaid-fines-await-court-action
The photo-enforcement system using traffic cameras still has not resulted in any unpaid violators' cases reaching the court, according to a report on Philenews....
https://knews.kathimerini.com.cy/en/news/from-lovers-to-doctors-cyprus-confronts-rising-online-fraud
Cyprus is witnessing a significant annual increase in online fraud cases, according to Andreas Anastasiades, the Director of the Electronic Crime Sub-Directorate. ...
https://knews.kathimerini.com.cy/en/news/european-stocks-rally-on-hope-of-interest-rate-peak
Eurozone inflation fell more than expected to 5.5 percent in June, its lowest rate since the start of last year, but a slight rebound in core consumer price growth tempered any relief for policymakers....
