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12° Nicosia,
29 March, 2024
 

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Displaying results 1-22 of 22 matches for query Absorption.

1. EIB turns down funding for Great Sea Interconnector project

https://knews.kathimerini.com.cy/en/news/eib-turns-down-funding-for-great-sea-interconnector-project

The European Investment Bank (EIB) has declined to finance the Great Sea Interconnector project, linking Cyprus, Greece, and Israel. Kyriakos Kakouris, EIB Vice President, confirmed the decision, stating that no new funding request has been submitted by the Republic of Cyprus....

2. €3.93 billion windfall from EU on the horizon

https://knews.kathimerini.com.cy/en/news/€3-93-billion-windfall-from-eu-on-the-horizon

The funds absorbed by Cyprus from European funds have exceeded the amount of Cyprus's contributions to the EU, said member of the EU Court of Auditors, Lefteris Christoforou, presenting the annual report of the Court for 2022 to President of the House of Representatives Annita Demetriou on Thursday....

3. Energy gamble or gain? Cyprus' big plans under scrutiny

https://knews.kathimerini.com.cy/en/comment/opinion/energy-gamble-or-gain-cyprus-big-plans-under-scrutiny

The reluctance of the European Investment Bank (EIB) to financially support a part of the project, such as the Israel-Cyprus-Greece electric cable, should strongly concern Cyprus regarding its energy plans. ...

4. 2022 marks best real estate year in 14 years

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. ...

5. When drugs for weight and diabetes backfire

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....

6. Unleashing potential through a revised recovery plan

https://knews.kathimerini.com.cy/en/news/unleashing-potential-through-a-revised-recovery-plan

The Directorate General for Growth, in collaboration with all stakeholders, is currently preparing Cyprus' revised Recovery and Resilience Plan....

7. Funds are investing in Cypriot banks

https://knews.kathimerini.com.cy/en/business/fund-are-investing-in-cypriot-banks

Investing in Cypriot banks is becoming more common. The progress they have made in terms of the non-performing loan burden they have shed, their capital adequacy, which is characterized as good,...

8. Lack of 'discounts' for the holiday table

https://knews.kathimerini.com.cy/en/news/lack-of-discounts-for-the-holiday-table

This year's Christmas table is expected to be laden with delectable fare. This is a tool that supermarkets have enlisted in order to retain customers and possibly increase sales, even in times of inflation....

9. Cyprus received €461 million euros in EU funding since accession, used 80%

https://knews.kathimerini.com.cy/en/news/cyprus-received-€461-million-euros-in-eu-funding-since-accession-used-80

Cyprus has received a net €461 million since joining the EU, according to Lazarou, and has used 80% of the European funds it received....

10. 1091 attendees at the Digital Agenda Cyprus Summit 2022

https://knews.kathimerini.com.cy/en/news/1091-attendees-at-the-digital-agenda-cyprus-summit-2022

The fifth Digital Agenda Cyprus Summit was a resounding success. On Monday, October 17, 1091 delegates attended the conference, filling the Nicosia Municipal Theatre to capacity despite the continuous rain. ...

11. Nicos Anastasiades to convene National Council meeting on June 9th

https://knews.kathimerini.com.cy/en/news/nicos-anastasiades-to-convene-national-council-meeting-on-june-9th

President Nicos Anastasiades has decided to convene a National Council meeting on Thursday, June 9th to discuss the latest developments in the Cyprus issue and the increasing inflationary pressures on the economy, Government Spokesperson Marios Pelekanos said on Friday in a written statement....

12. 10% reduction in electricity costs

https://knews.kathimerini.com.cy/en/news/10-reduction-in-electricity-costs

The Minister of Energy, Trade and Industry, Ms. Natasa Pileidou, today announced a series of measures designed to ease the skyrocketing costs of electricity in households and business....

13. Cyprus aiming for full absorption of EU funds

https://knews.kathimerini.com.cy/en/news/cyprus-aiming-for-full-absorption-of-eu-funds

Finance Minister Constantinos Petrides said Cyprus wants to achieve an absorption of 100% of the maximum of €968 million it could receive from the European structural and investment funds, but this requires that Cyprus invests in projects amounting to €1.8 billion....

14. FinMin confirms Cyprus won’t reinstate ‘golden passports’ scheme

https://knews.kathimerini.com.cy/en/news/finmin-confirms-cyprus-won-t-reinstate-‘golden-passports-scheme

Finance minister Constantinos Petrides assured that the government will not be reinstating the Cyprus Investment Program (CIP), that was shut down after the shocking corruption revelations that emerged through an Al Jazeera investigation and the subsequent stark criticism by the European Commission. ...

15. Cyprus tops the list of EU member states concerning absorption of EU Regional Development funds

https://knews.kathimerini.com.cy/en/news/cyprus-tops-the-list-of-eu-member-states-concerning-absorption-of-eu-regional-development-funds

Cyprus’ absorption capacity of EU Regional Development exceeded the EU average, Government Spokesman Prodromos Prodromou has said....

16. Acquisition of Centaur Financial Services by Fiduserve Asset Management

https://knews.kathimerini.com.cy/en/business/acquisition-of-centaur-financial-services-by-fiduserve-asset-management

Centaur Financial Services Ltd announces that it has completed the transfer of all its clients and operations to its new parent company Fiduserve Asset Management Ltd, resulting to a new entity better able to serve client needs...

17. Cyprus ranks first in absorption of EU Regional funds

https://knews.kathimerini.com.cy/en/news/cyprus-ranks-first

18. Astrobank in talks to buy National Bank of Greece Cyprus unit

https://knews.kathimerini.com.cy/en/news/astrobank-in-talks-to-buy-national-bank-of-greece-cyprus-unit

19. Bank of Cyprus adds 24300 new retail accounts in August

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-adds-24300-new-retail-accounts-in-august

20. Odysseas says Harris was being stubborn

https://knews.kathimerini.com.cy/en/news/odysseas-says-harris-was-being-stubborn

The auditor general is pointing fingers at the finance ministry’s handling of the Cyprus Cooperative Bank affair, telling an independent investigation committee that some actions were misleading...

21. Petrides announces 5 mln euros for development projects in 94 communities

https://knews.kathimerini.com.cy/en/news/petrides-announces-5-mln-euros-for-development-projects-in-94-communities

Interior Minister Constantinos Petrides has announced that 5 mln euros have been allocated for this year to carry out 115 small development projects in 94 communities mostly in the mountain regions of the island....

22. President thanks parliamentary caucus for Sunday votes

https://knews.kathimerini.com.cy/en/news/president-thanks-parliamentary-caucus-for-sunday-votes

President Nicos Anastasiades praised the ruling and opposition parties for approving state guarantees for Hellenic Bank as well as passing new foreclosure and bankruptcy laws, adding he would not respond to criticism...

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