https://knews.kathimerini.com.cy/en/news/aegean-airlines-expands-winter-routes-for-23-24-season
Aegean Airlines is set to offer its largest-ever route program for the upcoming winter season, introducing 18 new routes to 14 different countries. ...
https://knews.kathimerini.com.cy/en/business/moody-s-double-upgrade-ignites-investor-interest
Last Friday, Moody's delivered a double upgrade for Cyprus, propelling the nation into the investment-grade category recognized by all four major financial firms. Although these rankings may appear modest, their real-world impact is substantial....
https://knews.kathimerini.com.cy/en/news/electricity-prices-surge-by-3-in-latest-billing-cycle
In a recent development, electricity prices have witnessed a notable uptick, surging by 3% when compared to the preceding month. Christina Papadopoulou, the spokesperson for EAC (the electricity authority), elucidated that a significant portion of this increase, amounting to 1.20%, is earmarked for third-party entities rather than being allocated to AHK....
https://knews.kathimerini.com.cy/en/news/violent-clashes-between-tenants-and-property-owners-as-rents-spike-700
A craftsman in Turkey, who has been diligently paying rent for two decades, now finds himself threatened with eviction due to an unexpected rent increase of nearly 700%. His monthly rent has surged from 3,200 Turkish lira (110 euros) to a staggering 25,000 lira (867 euros)....
https://knews.kathimerini.com.cy/en/news/25-new-asylum-examiners-to-speed-processing-and-deter-migrant-arrivals
The Asylum Service of Cyprus has taken a significant step to enhance the efficiency of processing asylum applications by appointing 25 additional asylum examiners, according to Minister of Interior Constantinos Ioannou....
https://knews.kathimerini.com.cy/en/news/surgery-cost-inquiry-leads-to-heated-confrontation-with-doctor
The Patient Rights Observatory of the Federation of patient associations of Cyprus (OSAK) has recently received complaints regarding various issues related to healthcare services in Cyprus....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-net-interest-income-doubles-amid-ecb-rate-hikes
The Cypriot banking system's net interest income (NII) saw a remarkable doubling in the first half of 2023, marking an annual increase of 100%, primarily due to the ongoing rate hikes by the European Central Bank (ECB) aimed at tackling rising inflation....
https://knews.kathimerini.com.cy/en/news/15-4-spike-in-public-expenditure-for-2024
In the 2024 Budget, there's a notable rise of EUR 0.5 billion in public personnel expenditure. According to the Council of Ministers' approved budget table for 2024, this marks a substantial increase of 496 million euros. In terms of percentages, this surge amounts to 15.4% compared to the personnel expenditure allocated for the public sector in 2023....
https://knews.kathimerini.com.cy/en/news/sweden-s-military-called-to-combat-daily-shootings-and-bombings
Sweden’s prime minister on Thursday said that he’s summoned the head of the military to discuss how the armed forces can help police deal with an unprecedented crime wave that has shocked the country with almost daily shootings and bombings....
https://knews.kathimerini.com.cy/en/news/electricity-bills-to-surge-by-4-56-due-to-soaring-fuel-costs
Households are set to face another financial hit as electricity bills are expected to increase by 4.56%, coinciding with a continued upward trend in energy costs....
https://knews.kathimerini.com.cy/en/news/italy-to-immediately-deport-immigrants-for-false-age-claims
Foreigners who lie about their age to benefit from a protection scheme reserved for unaccompanied minors arriving in Italy will be deported under a security decree expected to be approved by Giorgia Meloni’s cabinet on Wednesday as part of her far-right government’s crackdown on irregular immigration....
https://knews.kathimerini.com.cy/en/news/foreign-buyers-flock-to-cyprus-real-estate
Recent data on property sales in Cyprus reveal distinct trends in different provinces. Notably, the real estate landscape in Nicosia contrasts sharply with that of coastal provinces....
https://knews.kathimerini.com.cy/en/news/were-test-monkey-deaths-concealed-in-neuralink-trials
Following last week's announcement by Elon Musk regarding the recruitment of human test subjects for Neuralink trials, questions arose regarding the accuracy of his earlier statement claiming that monkeys involved in the experiments had not experienced fatalities due to the implants....
https://knews.kathimerini.com.cy/en/news/notorious-italian-mafia-boss-succumbs-to-cancer-after-30-years-on-the-run
Italian Mafia boss Matteo Messina Denaro, who was convicted of multiple murders and was arrested in January after spending 30 years on the run, has died of cancer, officials said on Monday....
https://knews.kathimerini.com.cy/en/news/sheep-s-surprise-attack-on-medicinal-cannabis
A herd of sheep descended upon a partially flooded greenhouse in the vicinity of Almyros, Magnesia, Greece, with a peculiar appetite for medicinal cannabis. ...
https://knews.kathimerini.com.cy/en/news/greek-scientists-unveil-a-game-changing-tool-to-catch-cancer-earlier
An increasing number of cancer patients are finding a cure thanks to innovative diagnostic and therapeutic techniques, especially if the disease is detected early....
https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-in-internet-piracy
A recent report from the European Union Intellectual Property Office (EUIPO) sheds light on the concerning issue of internet piracy within the European Union....
https://knews.kathimerini.com.cy/en/news/€369-million-eib-loan-for-smart-investments
The government has secured a €369 million loan from the European Investment Bank (EIB) with favorable terms to support expenditures and investments within the framework of the "Thalia" program. ...
https://knews.kathimerini.com.cy/en/business/saudi-arabia-prepares-for-its-first-ever-fashion-week
Saudi Arabia is gearing up to host its inaugural Fashion Week, scheduled for October 20 to 23 in Riyadh. The event features participation from 30 local fashion designers and companies. ...
https://knews.kathimerini.com.cy/en/business/ministry-on-high-alert-as-fuel-prices-soar-globally
Constantinos Karagiorgis, Director of the Consumer Protection Service at the Ministry of Commerce, Energy, and Industry, has noted a concerning and continuous rise in fuel prices on the international stage. ...
https://knews.kathimerini.com.cy/en/business/consumers-revolt-as-rising-prices-trigger-surge-in-complaints
In recent months, the Pancyprian Consumers Association has been inundated with consumer complaints, particularly following the reinstatement of excise duty on fuel and the termination of electricity subsidies. ...
https://knews.kathimerini.com.cy/en/business/borrowers-in-a-high-stakes-game-of-loan-roulette
In 2023, borrowers face a pivotal year, primarily due to the soaring levels of inflation, rising prices, and increasing interest rates. This year also carries significant importance for banks, not in terms of profits, ...
https://knews.kathimerini.com.cy/en/news/sales-from-the-occupied-area-to-the-republic-of-cyprus-skyrocket
Data, released by the Turkish Cypriot newspaper ''Kibris'' and sourced from the Turkish Cypriot Chamber of Commerce, reveals a remarkable surge in sales of products from the occupied territories to the Republic of Cyprus in 2022....
https://knews.kathimerini.com.cy/en/business/retail-trickery-price-hikes-before-zero-vat-stun-consumers
A recent study by the Cyprus Consumers Association (CCA) has revealed that prices for various essential goods saw artificial increases in the days leading up to the implementation of the zero VAT rate. ...
https://knews.kathimerini.com.cy/en/news/italy-s-cry-for-help-facing-a-migrant-surge-amid-eu-discord
Italian Prime Minister Giorgia Meloni has appealed for greater European support as her country confronts a surge of people fleeing north Africa, amid growing tensions between Rome and other EU capitals over migration policy....
https://knews.kathimerini.com.cy/en/business/halloumi-woes-persist-as-pdo-battle-heats-up
One year after the implementation of an agreement between the Ministry of Agriculture, producers, cheese makers, and KEBE regarding halloumi cheese, issues persist....
https://knews.kathimerini.com.cy/en/business/zero-vat-rates-fail-to-curb-price-surges
Many products subject to zero VAT rates saw unexpected price increases in July 2023, according to a report by Kathimerini The Consumer Association has raised concerns about the effectiveness of this measure following recent additions to the list of zero-rated items....
https://knews.kathimerini.com.cy/en/news/cypriot-bonds-dive-as-ecb-battles-inflation-surge
The value of Cypriot bonds held by the Eurosystem has dipped below €7 billion as the European Central Bank takes measures to combat inflation. ...
https://knews.kathimerini.com.cy/en/news/real-estate-prices-surge-by-7-7
The prices in the Cyprus real estate market have been going up in recent years....
https://knews.kathimerini.com.cy/en/news/job-vacancies-surge-by-17-2-in-q2-2023
A significant increase of 17.2% was recorded in the number of job vacancies in the 2nd quarter of 2023 on an annual basis, while there was an increase of 5.7% on a quarterly basis....
