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12° Nicosia,
26 May, 2024
 

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Displaying results 1-30 of 175 matches for query purchases.

1. Critical shortages of Ozempic spark health concerns in Cyprus

https://knews.kathimerini.com.cy/en/news/critical-shortages-of-ozempic-spark-health-concerns-in-cyprus

The availability of injectable diabetes medicine, such as Ozempic, has reached critical levels in Cyprus, sparking concerns among health authorities and patient advocates....

2. Household deposit rates surge as home buying loan rates dip

https://knews.kathimerini.com.cy/en/business/household-deposit-rates-surge-as-home-buying-loan-rates-dip

In March 2024, the financial landscape in Cyprus saw some interesting shifts, according to data released by the Central Bank of Cyprus. Here's a breakdown of what happened:...

3. ECB maintains €6.76 billion worth of Cypriot government bonds

https://knews.kathimerini.com.cy/en/news/ecb-maintains-€6-76-billion-worth-of-cypriot-government-bonds

The value of Cypriot government bonds held by the European Central Bank remained steady at €6.76 billion by the end of April. This is part of the ECB's efforts to scale back its holdings and control inflation....

4. Shoppers prioritize food purchases over clothing this Easter

https://knews.kathimerini.com.cy/en/news/shoppers-prioritize-food-purchases-over-clothing-this-easter

Supermarkets saw increased consumer traffic the days before Easter, celebrated in Cyprus over the last weekend, as consumers chose to spend on food and items for the holiday feast, while other retail stores did not, due to a decline in the habit of shopping for shoes and clothing during this holiday....

5. Consumer Agency reports stable Easter prices with some increases

https://knews.kathimerini.com.cy/en/news/consumer-agency-reports-stable-easter-prices-with-some-increases

Prices of 18 Easter products are holding steady at last year's levels, with some exceptions showing significant increases, according to findings from the Consumer Protection Agency under the Ministry of Energy, Trade, and Industry....

6. European airfares hit 20-30% increase from 2019 to 2023

https://knews.kathimerini.com.cy/en/news/european-airfares-hit-20-30-increase-from-2019-to-2023

Throughout the summer of 2023, air travel across Europe witnessed a significant uptick in prices, with fares soaring 20 to 30% higher compared to pre-pandemic levels in 2019, according to recent data from E data.E. released in October....

7. Cyprus lags in online book shopping

https://knews.kathimerini.com.cy/en/news/cyprus-lags-in-online-book-shopping

Cyprus ranked lowest in the European Union for online purchases of printed or digital books, magazines, or newspapers in 2023, according to Eurostat data released on World Book Day. ...

8. Authorities stumped on declared cash

https://knews.kathimerini.com.cy/en/news/authorities-stumped-on-declared-cash

The question of the whereabouts of over 90 million euros in cash allegedly spent by travelers arriving in Cyprus through Larnaca and Paphos airports in the last 15 months remains unanswered by competent state authorities....

9. Occupied territories are a 'black hole' for illicit funds

https://knews.kathimerini.com.cy/en/news/occupied-territories-are-a-black-hole-for-illicit-funds

The recent update to the US-UK sanctions list, active since last April and aimed at Russia, continues to scrutinize Cypriot-based entities suspected of violating the Russian embargo. ...

10. Prices on the rise

https://knews.kathimerini.com.cy/en/business/prices-on-the-rise

The Consumer Protection Agency has released its latest report on product prices for February 2024, focusing on 250 key consumer items sold across 400 stores nationwide. ...

11. KEDIPES preps for major loan sell-off, boosting Cyprus banks

https://knews.kathimerini.com.cy/en/news/kedipes-preps-for-major-loan-sell-off-boosting-cyprus-banks

In a strategic move to streamline its assets, KEDIPES is gearing up to offload a second batch of performing loans, hot on the heels of its €58 million deal with the Bank of Cyprus....

12. Putin's blackmail fails to halt green transition

https://knews.kathimerini.com.cy/en/news/putin-s-blackmail-fails-to-halt-green-transition

Ursula von der Leyen, the president of the European Commission, stated on Tuesday that Vladimir Putin's attempts at "blackmail" have backfired, hastening the EU's shift toward green energy. ...

13. Christodoulides unveils €60M relief package amid rising prices

https://knews.kathimerini.com.cy/en/business/christodoulides-unveils-€60m-relief-package-amid-rising-prices

In an address to the nation, the President of Cyprus unveiled a series of targeted measures aimed at alleviating the economic challenges faced by households and businesses amidst rising prices. ...

14. Cyprus economy 2024: Ktrends reveals challenges and successes

https://knews.kathimerini.com.cy/en/news/cyprus-economy-2024-ktrends-reveals-challenges-and-successes

Delving into the latest findings from the 6th wave of ''Ktrends'' research by ''Kathimerini'' newspaper unveils a multifaceted picture of Cyprus's economic landscape in January 2024. ...

15. High demand for electric vehicle subsidies as applications surge

https://knews.kathimerini.com.cy/en/news/high-demand-for-electric-vehicle-subsidies-as-applications-surge

In response to the subsidy schemes for electric vehicles, the Road Transport Department reports significant interest since the application process began on Saturday....

16. Extradition of Turkish Cypriot lawyer sparks cross-community tensions

https://knews.kathimerini.com.cy/en/news/extradition-of-turkish-cypriot-lawyer-sparks-cross-community-tensions

In a development causing tensions between the communities, the extradition and imminent transfer of Turkish Cypriot lawyer Akan Kursat from Italy to Cyprus has become the focal point of news coverage. ...

17. Tenants urge Parliament for fairness amid €150 to €2,800 spikes

https://knews.kathimerini.com.cy/en/news/tenants-urge-parliament-for-fairness-amid-€150-to-€2-800-spikes

The Professional Committee for the Management of Turkish Cypriot Properties in Limassol has reported significant rent hikes for commercial assets....

18. Are you ready for the most Paradoxical Chocolate experience?

https://knews.kathimerini.com.cy/en/life/are-you-ready-for-the-most-paradoxical-chocolate-experience

2024 kicks off in the most delicious and paradoxical way! Inspired Family Fun and Paradox Museum Limassol invite you to discover the magic of chocolate during 'The Chocolate Show' on January 26th, 27th, and 28th, 2024, at Trakasol Cultural Centre....

19. Cyprus real estate booms in Q3 2023

https://knews.kathimerini.com.cy/en/news/cyprus-real-estate-booms-in-q3-2023

Cyprus experienced a real estate boom in the third quarter of 2023, with housing prices soaring and a surge in demand from both domestic and foreign buyers, according to data released by the Central Bank of Cyprus (CBC) on Wednesday....

20. Woman arrested for duping victims of over €430,000

https://knews.kathimerini.com.cy/en/news/woman-arrested-for-duping-victims-of-over-€430-000

In a shocking turn of events, a 52-year-old woman has been apprehended by Limassol Police for allegedly orchestrating a fraudulent real estate scheme. ...

21. EU implements new VAT transparency rules targeting e-commerce fraud

https://knews.kathimerini.com.cy/en/business/eu-implements-new-vat-transparency-rules-targeting-e-commerce-fraud

The EU’s new transparency rules against Value-Added Tax (VAT) fraud have come into effect starting on January 1st, the European Commission has announced....

22. Christmas shopping sees supermarket surge, clothing decline

https://knews.kathimerini.com.cy/en/business/christmas-shopping-sees-supermarket-surge-clothing-decline

Christmas shopping in Cyprus saw contrasting results, with supermarkets experiencing a better turnout compared to the previous year, while clothing and footwear shops faced a decline, except for children's gifts....

23. Over 215M COVID vaccines trashed, €4B down the drain

https://knews.kathimerini.com.cy/en/news/2-over-215m-covid-vaccines-trashed-€4b-down-the-drain

In a concerning revelation, European countries have disposed of more than 215 million doses of COVID-19 vaccines, originally procured at the peak of the pandemic....

24. Cypriot bonds hold firm at €6.75 billion amid ECB moves

https://knews.kathimerini.com.cy/en/news/cypriot-bonds-hold-firm-at-€6-75-billion-amid-ecb-moves

As of the end of November, data from the Cypriot Central Bank reveals that the Eurosystem maintained its holdings of Cypriot bonds valued at €6.75 billion...

25. Sixt pumps the bakes on Tesla as it halts purchases and sells existing EV stock

https://knews.kathimerini.com.cy/en/business/sixt-pumps-the-bakes-on-tesla-as-it-halts-purchases-and-sells-existing-ev-stock

In a strategic move that underscores the evolving dynamics in the electric vehicle (EV) landscape, Sixt, a prominent German rental car company, has decided to discontinue purchasing Tesla vehicles and plans to sell off its current Tesla EV stock....

26. Land sales to foreigners restricted in occupied territories

https://knews.kathimerini.com.cy/en/news/land-sales-to-foreigners-restricted-in-occupied-territories

Dursun Oguz, the interior minister, announced new restrictions on land sales to foreigners in the occupied territories during his visit to Ankara....

27. Mortgage rates soar to 4.91%, deposits decline in October 2023

https://knews.kathimerini.com.cy/en/news/mortgage-rates-soar-to-4-91-deposits-decline-in-october-2023

Mortgage interest rates in Cyprus climbed to 4.91% in October 2023, according to data released by the Central Bank of Cyprus in its November 2023 edition of Monetary and Financial Statistics....

28. No plans to cut interest rates amid inflation worries

https://knews.kathimerini.com.cy/en/news/no-plans-to-cut-interest-rates-amid-inflation-worries

The perspective advocated by many young individuals, endorsing a declaration of victory over inflation, is articulated by Dr. Jensen, the president of the German Bundesbank....

29. Black Friday blues as HSBC goes down on biggest sales day of the year

https://knews.kathimerini.com.cy/en/business/black-friday-blues-as-hsbc-goes-down-on-biggest-sales-day-of-the-year

On Black Friday, thousands of HSBC customers in the UK reported difficulties accessing mobile banking services, causing disruptions for those seeking to make purchases amidst retailer discounts. Downdetector, a website tracking service, recorded over 4,100 complaints regarding the malfunctioning banking app....

30. Navigating 'Black Friday': Discounts vs. reality

https://knews.kathimerini.com.cy/en/business/navigating-black-friday-discounts-vs-reality

Discounts of a few euros, or even cents, are being advertised by electronics and appliance companies in anticipation of Black Friday. However, market activity does not seem to meet the expected levels for the Black Friday period, and it is certainly considerably lower compared to the peak observed in 2018 and 2019....

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