https://knews.kathimerini.com.cy/en/news/inflation-sees-downward-trend-for-7th-month-in-a-row
The cost of living in Cyprus has decreased for the seventh month in a row, with the rate of inflation dropping to 6.7% in February. This is down from a peak of 10.6% in July 2022. ...
https://knews.kathimerini.com.cy/en/business/majority-of-goods-transported-by-sea-in-cyprus-and-the-eu-in-2021
In 2021, maritime transport accounted for more than two-thirds (68%, 5 135 billion tonne-km; tkm) of the EU’s freight transport, the lowest share recorded in the past decade according to data released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/greece-accuses-woman-of-being-russian-spy
Greece’s National Intelligence Service is accusing a shop owner in Athens of being a Kremlin asset, as security services throughout Europe have been cracking down on alleged Russian spies dubbed the 'illegals'...
https://knews.kathimerini.com.cy/en/news/factory-worker-crushed-to-death-by-falling-glass-pane
An employee at a glass factory in Larnaca was killed in a work accident on Thursday, after he was fatally wounded by an oversized glass pane that shattered as it was being moved...
https://knews.kathimerini.com.cy/en/news/video-contradicts-moscow-s-version-of-events
The US Department of Defense released a video on Wednesday of a Russian Sukhoi Su-27 fighter jet attacking the US MQ-9 "Reaper" drone over the Black Sea, contradicting Moscow's claim that it had any contact with the drone....
https://knews.kathimerini.com.cy/en/news/credit-suisse-borrows-more-than-$50-billion-from-swiss-national-bank
Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....
https://knews.kathimerini.com.cy/en/news/expert-says-cliff-death-accident-story-checks-out
Cyprus Police are rolling back statements on a murder investigation in the cliff death of a Ukrainian woman, after a private forensic examiner tasked by the suspect announced to the media that his client’s version of events about a tragic accident checked out...
https://knews.kathimerini.com.cy/en/news/petrol-stations-open-their-doors-to-electric-mobility
Petrolina Holdings Public announced last month the installation of the first state-of-the-art electric vehicle rapid charging charger at its petrol station in Larnaca's GSZ district....
https://knews.kathimerini.com.cy/en/news/cyprus-inmates-score-4th-and-6th-place-in-international-art-competition
Inmates in Cyprus Prisons took part with 10 paintings in the 6th International Art Competition "Art and Prison" organized in Berlin. Two paintings got 4th and 6th place while others got distinctions among the first 100 rankings....
https://knews.kathimerini.com.cy/en/news/young-woman-killed-in-car-crash-outside-nicosia
A young woman was killed in a road accident on Tuesday after her car collided head on with another vehicle near her native town...
https://knews.kathimerini.com.cy/en/business/eac-maintains-dominant-position-in-cyprus-energy-production-market
The highest electricity market share in the EU was recorded in Cyprus (88%), reflecting the dominance of the Electricity Authority of Cyprus in the country’s energy market, Eurostat data published on Tuesday show....
https://knews.kathimerini.com.cy/en/news/cliff-death-draws-the-big-guns-of-forensics
A private forensic pathologist will take part in a defense autopsy of a young Ukrainian woman, whose boyfriend insists her cliff death was an accident, despite initial objections by the Legal Department which has also tasked its own expert to lead the exam...
https://knews.kathimerini.com.cy/en/news/supreme-cooperation-council-the-what-how-and-why
The announcement of the establishment of a joint body at the highest bilateral level, which could potentially function as a "Supreme Cooperation Council" between Greece and Cyprus, is undoubtedly the most significant news to emerge from President Christodoulides' visit to Athens....
https://knews.kathimerini.com.cy/en/news/say-goodbye-to-an-iconic-symbol-of-sin-city
When you walk the Las Vegas Strip you see women wearing showgirl outfits taking pictures with tourists. They work alongside Spider-Men, Batmen, and shirtless police officers and firefighters....
https://knews.kathimerini.com.cy/en/business/march-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....
https://knews.kathimerini.com.cy/en/business/trade-deficit-increased-by-163-5-in-january-2023
A large increase was recorded in the trade deficit in January 2023 according to preliminary data published on Monday by the Statistical Service, since the increase in imports was more than three times the increase in exports....
https://knews.kathimerini.com.cy/en/news/banks-around-the-world-feel-force-of-svb-fallout
U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the collapses of Silicon Valley Bank and Signature Bank forced regulators to step in with emergency measures....
https://knews.kathimerini.com.cy/en/news/british-high-commissioner-visits-voice-for-autism-makes-donation
British High Commissioner in Nicosia, Irfan Siddiq, visited recently the Nicosia-based NGO, Voice for Autism to see first-hand the brilliant work carried out in support of young people of the community, a press release by the High Commission says....
https://knews.kathimerini.com.cy/en/news/nicosia-athens-coordinating-body-established
Cyprus President Nikos Christodoulides and Greek Prime Minister Kyriakos Mitsotakis announced the establishment of a joint coordination body between Greece and Cyprus, during their statements, on Monday, in Athens....
https://knews.kathimerini.com.cy/en/news/hsbc-buys-failed-silicon-valley-bank-in-bid-to-stem-fallout
Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....
https://knews.kathimerini.com.cy/en/comment/opinion/real-estate-trends-in-2023
Increased inflation, rising interest rates, rising building costs, rising property values, a slight decline in new development approvals, a slight decline to stabilization in the unemployment rate, a slight increase in GDP, and a slight decline in private lending are just a few indicators of the (very) general economic picture....
https://knews.kathimerini.com.cy/en/news/us-specialist-in-cyprus-to-treat-patient-s-rare-disease-100-funded-by-eu
A significant development in the EU medical industry has occurred in Cyprus involving EU cross-border treatment. Greece's National Healthcare Service (EOPYY) recently approved using the "Planned medical treatment abroad" scheme to cover the costs of a Greek patient receiving surgical treatment for a rare disease by a world-leading US-based surgeon in a private hospital in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/uk-to-pay-france-half-a-billion-pounds-to-curb-channel-crossings
Britain is to pay France almost half a billion pounds over the next three years in a high-stakes gamble to end Channel migrant crossings....
https://knews.kathimerini.com.cy/en/news/nicosia-among-small-european-cities-of-the-future
Nicosia ranks first in the category of small European cities of the future for human capital and lifestyle, according to the results of the European Cities & Regions of the Future 2023 global ranking....
https://knews.kathimerini.com.cy/en/news/latvia-confiscated-cars-from-drunk-drivers-sent-to-ukraine
The first of hundreds of cars confiscated by Latvian authorities from drunk drivers have started their journey to Ukraine, where Riga hopes they’ll help Kyiv with its war efforts....
https://knews.kathimerini.com.cy/en/news/investigations-into-train-crash-reveal-mistakes-and-inexperience
The official documents of the case file on the tragic train collision in northern Greece on the night of February 28 highlight in the most damning way the sequence of mistakes and omissions as well as the lack of communication between railway employees and, in one case, lack of experience....
https://knews.kathimerini.com.cy/en/news/foreclosure-sales-to-restart-after-parliamentary-vote
The House of Representatives voted 22 to 18 against a proposal for a new three-month suspension of foreclosure sales, which had been tabled in the form of an emergency bill....
https://knews.kathimerini.com.cy/en/business/investigation-into-understaffing in-the-tourism-industry-is-imminent
The start of the summer travel season is anticipated to occur around the end of March or the beginning of April, along with the reopening of hotel facilities that were closed during the winter....
https://knews.kathimerini.com.cy/en/news/criticism-grows-as-europe-pushes-to-restrict-cars-in-cities
In an effort to ease traffic congestion and curb greenhouse gas emissions causing climate change, municipalities from Barcelona to Brussels have embarked on what has been called a “transportation revolution.”...
https://knews.kathimerini.com.cy/en/news/at-least-12-snowed-in-residents-found-dead-in-california-mountain-community
At least 12 people have died in Southern California, authorities said, after fierce winter storms lashed the state, burying normally warm areas in snow....