https://knews.kathimerini.com.cy/en/news/boy-fights-for-dear-life-after-trike-accident
A man was killed on Sunday and a young boy critically injured after the three-wheel motorcycle they were riding in a Limassol neighborhood overturned under circumstances still pending investigation...
https://knews.kathimerini.com.cy/en/news/eib-ready-to-offer-funding-to-mitigate-effects-of-ukrainian-war-on-cyprus
New investment opportunities in Cyprus, as well as funding to mitigate the effects of the war in Ukraine, were discussed on Monday by President Nicos Anastasiadis, Finance Minister Constantinos Petridis and European Investment Bank (EIB) President Werner Hoyer. ...
https://knews.kathimerini.com.cy/en/business/consumers-to-buy-directly-from-automaker-not-from-dealer
Mercedes-Benz has reached an agreement with its European dealers to switch to a new dealership model, in which customers will buy directly from the automaker and not from the dealer, the German brand said....
https://knews.kathimerini.com.cy/en/news/the-cypriot-economy-must-be-diversified
An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities on March 11–28, 2022 to discuss recent economic developments and policy priorities....
https://knews.kathimerini.com.cy/en/business/us-tourists-flock-to-greece
Indications are growing that tourism from the US in Greece this year will approach the levels of 2019, and even exceed them if the international geopolitical uncertainties are lifted....
https://knews.kathimerini.com.cy/en/news/cyprus-abolishes-flight-pass-and-country-categorizations
As of April 18, 2022, travelers will no longer be required to fill out the Cyprus Flight Pass when entering Cyprus. The move comes after tourist organizations called on the government to abolish the Flight pass, noting that Cyprus would be left behind other countries that had already made the move. ...
https://knews.kathimerini.com.cy/en/news/cyprus-breaks-into-the-french-market
New prospects for tourist arrivals from France have opened both in the short-term and medium-term, Deputy Tourism Minister Savvas Perdios has told CNA, noting that Cyprus has managed to break into the French market after three long years....
https://knews.kathimerini.com.cy/en/news/cyprus-mulling-us-weapons-proposal
Cyprus reportedly remains open to the possibility of reaching an agreement with the US to give up its Russian weapons....
https://knews.kathimerini.com.cy/en/news/poland-calls-on-eu-to-halt-issuance-of-schengen-visas-to-russians
Poland wants the Schengen Area countries to completely stop issuing Russians visas for short-term stays in the 26 Schengen countries as a part of the sanctions imposed due to the ongoing invasion of Ukraine by the Russian military....
https://knews.kathimerini.com.cy/en/life/go-green-and-tour-the-capital-by-bicycle-this-sunday
"Cycling in the city 2022" will take place this Sunday, April 10. The event aims to promote a cycling culture on the island, underscoring its multiple benefits such as improving health, low pollution and a more environmentally friendly means of transportation, especially within the cities on the island, resulting in a better quality of life for all people....
https://knews.kathimerini.com.cy/en/news/cyprus-growth-expected-to-‘slow-sharply
Economic growth in Cyprus will slow sharply before recovering, due to the shock associated with the war in Ukraine, the International Monetary Fund has said, adding that the key near-term challenge “is to calibrate a policy response to the economic fallout from the war in Ukraine.”...
https://knews.kathimerini.com.cy/en/news/russian-ambassador-leaves-cyprus-after-9-years
After 9 years of service in the diplomatic mission of the Russian Federation in Nicosia, Stanislav Osaci leaves Cyprus....
https://knews.kathimerini.com.cy/en/news/lagarde-cyprus-will-be-affected-by-inflation-and-rising-energy-costs
Cyprus will be affected by inflationary pressures and higher energy costs due to its dependence on oil imports for electricity generation, according to European Central Bank President Christine Lagarde....
https://knews.kathimerini.com.cy/en/life/the-scorpions-are-coming-to-cyprus-in-july
The legendary rock band Scorpions will be performing at Tsirio stadium, in Limassol on Tuesday, July 12, 2022. In honor of the release of their first album 50 years ago, the band is on a world tour promoting the release of their new album "Rock Believer"....
https://knews.kathimerini.com.cy/en/news/ministers-point-out-the-need-for-the-cyprus-experience-in-tourism
There is a need for quality tourism in Cyprus as well as one that can be resilient in the face of a continuing crisis, ...
https://knews.kathimerini.com.cy/en/news/evalena-beach-hotel-in-protaras-to-open-its-doors-to-ukrainian-refugees
The Evalena beach hotel in Protaras will open its doors to war refugees from Ukraine, according to an announcement by the Ministry of Tourism. Refugees from Ukraine are entitled to free accommodation at this hotel until April 30, 2022....
https://knews.kathimerini.com.cy/en/news/phil-collins-performed-his-last-ever-concert-in-london-on-saturday-video
The 71-year-old music legend - who can no longer hold a drumstick after surgery on his back - performed with Genesis at the O2 Arena in London on Saturday night....
https://knews.kathimerini.com.cy/en/business/major-projects-underway-in-larnaca-nicosia
The Cyprus real estate and construction sectors are moving past the demise of the scrapped Citizenship for Investment Programme, turning their attention to the capital and the once-neglected coastal town of Larnaca, while Limassol, with its high-rises and cosmopolitan lifestyle, is still seeing part of the action....
https://knews.kathimerini.com.cy/en/news/tatar-varosha-has-become-a-well-known-brand
Varosha is one of the most valuable areas of the pseudo-state, Ersin Tatar said at a meeting with a delegation from the Varosha Unity and Solidarity Association....
https://knews.kathimerini.com.cy/en/news/akar-s-claim-of-joint-sea-exploitation-dismissed
Defense Minister Nikos Panagiotopoulos has denied the issue of “co-exploitation of the Aegean” was raised in talks with his Turkish counterpart Hulusi Akar on the sidelines of the NATO summit in Brussels on Wednesday....
https://knews.kathimerini.com.cy/en/business/consulco-hosted-the-digital-event-uk-economy-and-real-estate-outlook
Consulco has successfully hosted the UK Economy and Real Estate Outlook event, along with four leading organization that have provided insights on the pressures the UK is facing today and their impact on key property markets. ...
https://knews.kathimerini.com.cy/en/news/divided-cyprus-vows-protection-for-ukrainians
People fleeing war in Ukraine have been promised protection in Cyprus, but questions remained as both sides on the divided island rushed to declare their support before finalizing all the details...
https://knews.kathimerini.com.cy/en/news/refugees-from-ukraine-the-government-s-temporary-aid-package
An inter-ministerial committee that convened under the chairmanship of Interior Minister Nikos Nouris concluded with specific measures to host Ukrainian citizens in Cyprus who have fled their country due to the hostilities....
https://knews.kathimerini.com.cy/en/news/akar-calls-for-sharing-‘riches-of-the-aegean-with-greece
Turkish Defense Minister Hulusi Akar said his country is in favor of joint exploitation of “the riches of the Aegean” with Greece, following talks with his Greek counterpart in Brussels on Wednesday....
https://knews.kathimerini.com.cy/en/news/ukrainians-in-cyprus-before-cutoff-date-in-limbo
Dozens of Ukrainians in the Republic of Cyprus are running out of money and unable to benefit automatically from EU “temporary protection” measures because they visited the island as tourists before the cutoff date...
https://knews.kathimerini.com.cy/en/news/the-med-gets-first-offshore-wind-farm-as-italy-vows-energy-revolution
The Mediterranean's first offshore wind farm is rising from the shallows off Italy, its turbines a symbol of hope for a Europe suffering an energy crisis exacerbated by war....
https://knews.kathimerini.com.cy/en/business/cyprus-loses-370-thousand-passengers-from-russia-and-ukraine
A significant number of Russian and Ukrainian tourists scheduled to arrive in Paphos in 2022 are no longer expected to visit Cyprus, according to information from Hermes Airports....
https://knews.kathimerini.com.cy/en/news/perdios-we-will-cover-the-loss-of-revenue-from-russian-tourists
Despite losing ground in the Russian and Ukrainian markets due to the war in Ukraine and sanctions against Russia, Deputy Tourism Minister Savvas Perdios was optimistic on Tuesday that this year's tourist arrivals could catch up with 2021 from the promotion of other markets, which may fill part of the gap from Cyprus' second largest tourist market....
https://knews.kathimerini.com.cy/en/news/cyprus-is-losing-its-russians-confronting-existential-questions-about-its-economy
For decades, Cyprus built an economy that courted Russians — Russian tourists, Russian investors, Russian oligarchs.
...
https://knews.kathimerini.com.cy/en/news/loss-of-1-5-to-2-of-cypriot-gdp-due-to-a-ban-on-russian-flights
Cyprus could lose 1.5% to 2% of its growth rate this year if the Cypriot airspace (under EU sanctions) to Russia remains closed for the whole of 2022, estimates the rating agency DBRS Morningstar, noting that despite the negative impact, the war in Ukraine will not derail the medium-term prospects of the Cypriot economy....
