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12° Nicosia,
02 February, 2023
 

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Displaying results 1-30 of 103 matches for query purchases.

1. Interest rates in Cyprus continues its steady rise

https://knews.kathimerini.com.cy/en/news/interest-rates-in-cyprus-continues-its-steady-rise

Interest rates in the Cypriot banking system continued rising in December in the context of the ECB’s monetary normalization policy to tackle high inflation....

2. Paphos: Over 15 million euros in foreign investment in 2022

https://knews.kathimerini.com.cy/en/business/paphos-over-15-million-euros-in-foreign-investment-in-2022

According to the Paphos Chamber of Commerce and Industry, foreign investment in the city has surpassed €15 million. ...

3. Tech companies calling for employee naturalizations after 5 years

https://knews.kathimerini.com.cy/en/business/tech-companies-calling-for-employee-naturalizations-after-5-years

Following the 2023 Presidential Elections and the resumption of the meetings of the House of Representatives, ICT companies will begin "pushing" for the right to apply for naturalization after 5 years of residence and work in the Republic of Cyprus,...

4. 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,...

5. New loans up despite interest rate hike

https://knews.kathimerini.com.cy/en/news/new-loans-up-despite-interest-rate-hike

Total new loans in November 2022 increased by €172.8m compared to the previous month, despite an increase in interest rates across all loan categories. ...

6. What consumers should lookout for as January sales begin

https://knews.kathimerini.com.cy/en/business/what-consumers-should-lookout-for as-january-sales begin

The Ministry of Commerce is intensifying its market checks due to the January sales, especially in clothing and footwear stores. At the same time, consumers are urged to be informed of their rights and to be particularly careful about cases of misleading advertisements....

7. Cyprus braces for credit ratings in 2023

https://knews.kathimerini.com.cy/en/news/cyprus-braces-for-credit-ratings-in-2023

The ratings will take place in a year marked by a projected economic slowdown, amid the continued uncertainty that clouds the economic outlook, due to high inflation and the energy crisis, fueled by the continuing war in Ukraine...

8. Cash still king as Cypriots take digital leap

https://knews.kathimerini.com.cy/en/news/cash-still-king-as-cypriots-take-digital-leap

The growing preference of Cypriots for digital means of payment, but also the desire to maintain the ability to pay with cash and checks, are the main conclusions of the report of the Central Bank of Cyprus on Retail Payments in Cyprus for the years 2014-2021...

9. What did Cypriot consumers purchase in 2022?

https://knews.kathimerini.com.cy/en/business/what-did-cypriot-consumers-purchase-in-2022

Cashless transactions have significantly increased since businesses are now required to accept credit or debit cards. Card payments now account for approximately 72% of all commercial transactions, rather than cash. ...

10. Students most frequent internet users in Cyprus

https://knews.kathimerini.com.cy/en/news/students-most-frequent-internet-users-in-cyprus

Students are the group most frequently connected to the internet (99%), according to the results of the 2022 household information and communication technology usage survey, published by the Statistical Service on Thursday...

11. Cyprus retail sector continues climb despite inflation

https://knews.kathimerini.com.cy/en/business/cyprus-retail-sector-continues-climb-despite-inflation

Black Friday, with its high levels of traffic and shopping, appears to have given way to the Christmas holiday season. The market is still moving well, with increased foot traffic in shopping malls and main streets....

12. Prices of basic consumer goods fluctuating wildly

https://knews.kathimerini.com.cy/en/news/prices-of-basic-consumer-goods-fluctuating-wildly

The average retail price levels in effect on December 7, 2022, compared to November 9, 2022, show that prices for basic consumer goods are staggering....

13. Economic sentiment slightly down in Cyprus

https://knews.kathimerini.com.cy/en/news/economic-sentiment-in-cyprus-deteriorates-slightly-in-november

In November 2022, economic sentiment in Cyprus deteriorated slightly, as the Economic Sentiment Indicator decreased by 0.5 points compared with October 2022, according to the Business and Consumer Survey by the University of Cyprus...

14. Black Friday: See how the annual shopping event is shaping up (photos)

https://knews.kathimerini.com.cy/en/business/black-friday-see-how-the-annual-shopping-event-is-shaping-up-photos

On Thursday afternoon, sales began to increase significantly, particularly in shopping centers that benefited from favorable weather conditions, however, as of Friday morning, traffic appears to be somewhat subdued, at least in comparison to the corresponding images from 2019....

15. Bank's chairman buys BOC shares for 3 consecutive days

https://knews.kathimerini.com.cy/en/business/bank-s-chairman-buys-boc-shares-for-3-consecutive-days

16. North detains two teens on counterfeit spending spree

https://knews.kathimerini.com.cy/en/news/north-detains-two-teens-on-counterfeit-spending-spree

Two Greek Cypriot teenagers accused of using fake money to make purchases in the north have been arrested by Turkish Cypriot police, while another man from the south was detained after cartridges were found in his vehicle...

17. Complaints about Black Friday deals have begun

https://knews.kathimerini.com.cy/en/business/complaints-about-black-friday-deals-have-begun

The Consumer Association had begun receiving complaints about deceptive product offers as Black Friday draws near....

18. Rift over gas cap looms over EU energy crisis plans

https://knews.kathimerini.com.cy/en/news/rift-over-gas-cap-looms-over-eu-energy-crisis-plans

EU energy ministers meet in Brussels on Thursday to approve the latest set of emergency measures to mitigate an energy crisis, but the plans risk being eclipsed by disagreements over whether and how to cap gas prices...

19. What do Cypriots buy on Black Friday?

https://knews.kathimerini.com.cy/en/news/what-do-cypriots-buy-on-black-friday

Only eight more days until the much-anticipated Black Friday shopping day, and ads for discounted goods continue to pound the public. Every year, many people look forward to this day in order to find the best deals on products they need....

20. Tomatoes and potatoes now regarded as luxury items

https://knews.kathimerini.com.cy/en/news/tomatoes-and-potatoes-now-regarded-as-luxury-items

The Consumer Protection Agency published the retail prices of basic consumer goods on Friday with a reference date of 9/11/2022. The retail prices show significant price increases for potatoes and tomatoes and price decreases for some fish and legumes....

21. Loans are increasing as interest rates rise

https://knews.kathimerini.com.cy/en/business/loans-are-increasing-as-interest-rates-rise

New loans provided by Cypriot banks rose by €217 million in September compared with August, driven mainly upwards by corporate loans over €1 million which rose by 127.6 million....

22. Cyprus's economic sentiment improved in October as a result of services and retail trade

https://knews.kathimerini.com.cy/en/news/cyprus-s-economic-sentiment-improved-in-october-as-a-result-of-services-and-retail-trade

In October 2022, economic sentiment in Cyprus improved as the Economic Sentiment Indicator (ESI-CypERC) increased by 0.4 points compared with September 2022....

23. Consumers preferred plastic money over cash this summer

https://knews.kathimerini.com.cy/en/business/consumers-preferred-plastic-money-over-cash-this-summer

Consumer card usage for purchases is still on the rise. The most recent JCC data, covering Q3 2022, reveals an increase in card usage in Cyprus for both Cypriot and foreign cards. ...

24. Are milk, meat and coffee still affordable?

https://knews.kathimerini.com.cy/en/news/are-milk-meat-and-coffee-still-affordable

According to the Consumer Protection Service's Price Observatory, price increases of up to 21% and price decreases of up to 13% were observed between September 14 and October 12....

25. Loan interest rates rise for a second consecutive month

https://knews.kathimerini.com.cy/en/business/loan-interest-rates-rise-for-a-second-consecutive-month

Lending interest rates in Cyprus rose for a second consecutive month in August, with credit institutions pricing rate hikes by the European Central Bank and increased credit risk due to uncertainty and inflation pressures fuelled by the war in Ukraine....

26. EU countries approve energy windfall levies, turn to gas price cap

https://knews.kathimerini.com.cy/en/news/eu-countries-approve-energy-windfall-levies-turn-to-gas-price-cap

European Union countries agreed on Friday to impose emergency levies on energy firms’ windfall profits and began talks on their next move to tackle Europe’s energy crunch – possibly a bloc-wide gas price cap....

27. Why EVs are a flop in Cyprus … so far

https://knews.kathimerini.com.cy/en/news/why-evs-are-a-flop-in-cyprus-…-so-far

It's only a 150-kilometer drive across Cyprus; well below how far an average electric vehicle can drive on a single charge. Range anxiety — a major barrier in the shift to EVs — shouldn't be a thing....

28. Ask WiRE Index: Apartments lead the way in sale and rent price hikes in Q2

https://knews.kathimerini.com.cy/en/news/ask-wire-index-apartments-lead-the-way-in-sale-and-rent-price-hikes-in-q2

Ask WiRE, a company combining real estate know-how with technology has published its Q2 2022 edition of the Ask WiRE Index for property sale and rental values. The Ask WiRE Index covers all districts and main property types, with values from Q4 2009....

29. Russia has amassed huge profits from fuel despite sanctions

https://knews.kathimerini.com.cy/en/news/russia-has-amassed-huge-profits-from-fuel-despite-sanctions

Russia has amassed €158 billion in revenues from fossil fuel exports in the six months of its war against Ukraine, benefiting from high prices, according to a study by an independent think tank published today, which calls for more effective sanctions....

30. Russia says no to oil price caps, warns of cut off

https://knews.kathimerini.com.cy/en/news/russia-says-no-to-oil-price-caps-warns-of-cut-off

The Kremlin said on Friday that Russia would stop selling oil to countries that impose price caps on Russia's energy resources - caps that Moscow said would lead to significant destabilization of the global oil market....

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