CLOSE
Loading...
12° Nicosia,
01 November, 2024
 

Search

Displaying results 1-30 of 128 matches for query savings.

1. Cyprus faces financial imbalance as assets fall short of liabilities

https://knews.kathimerini.com.cy/en/business/cyprus-faces-financial-imbalance-as-assets-fall-short-of-liabilities

As of December 2023, Cyprus' economy is navigating a complex financial landscape, with total assets in financial instruments reaching €869 billion. However, the country also faces a notable financial shortfall, with liabilities exceeding assets by about €29 billion....

2. Clocks fall back, but the debate over daylight saving time ticks on

https://knews.kathimerini.com.cy/en/news/clocks-fall-back-but-the-debate-over-daylight-saving-time-ticks-on

As clocks across Cyprus and much of Europe turned back an hour early Sunday, the annual ritual of falling back once again sparked the question: Is it time to let go of daylight saving time?...

3. CBC: Top savings interest rate in Cyprus hits 2.45%

https://knews.kathimerini.com.cy/en/news/cbc-top-savings-interest-rate-in-cyprus-hits-2-45

In August 2024, the Central Bank of Cyprus reported that the highest interest rate for term deposits of up to one year for households reached 2.45%. ...

4. Frustrated graduates flee abroad as job markets fail them

https://knews.kathimerini.com.cy/en/news/frustrated-graduates-flee-abroad-as-job-markets-fail-them

Over the past two decades, an educational revolution swept through much of the developing world. ...

5. Digital Transformation OR Vanish!

https://knews.kathimerini.com.cy/en/business/digital-transformation-or-vanish

Historically our world has experienced significant eras spanning from the medieval eras, Renaissance, Scientific Revolution, Industrial Revolution, World War Era and others....

6. Freedom24 Reaches 300,000 Customers Milestone

https://knews.kathimerini.com.cy/en/news/freedom24-reaches-300-000-customers-milestone

We are thrilled to announce that the number of users on the innovative Freedom24 trading platform has surpassed 300,000. This significant achievement underscores our platform's technological superiority and the growing trust and confidence of our customers....

7. Cyprus banks have €28.7 billion in cash and liquidity

https://knews.kathimerini.com.cy/en/news/cyprus-banks-have-€28-7-billion-in-cash-and-liquidity

The amount of liquidity in Cyprus's banking system rose to €28.7 billion in August 2024, according to the Central Bank of Cyprus (CBC). This increase was fueled by a growth in deposits alongside a decline in loans....

8. Von der Leyen unveils new European Commission lineup

https://knews.kathimerini.com.cy/en/news/von-der-leyen-unveils-new-european-commission-lineup

European Commission President Ursula von der Leyen has unveiled the list of new commissioners, including Kostas Kadis from Cyprus, who has been appointed as Commissioner for Fisheries and Oceans. ...

9. Anastasiades speaks out on Cyprus solution, corruption, and political ties

https://knews.kathimerini.com.cy/en/news/anastasiades-speaks-out-on-cyprus-solution-corruption-and-political-ties

In one of his most candid interviews to date, former President Nicos Anastasiades discussed the Cyprus problem and the talks held in Crans-Montana with Marina Economides in "K". ...

10. Laughable disclosures as Cyprus politicians' financial woes unveiled

https://knews.kathimerini.com.cy/en/comment/opinion/laughable-disclosures-as-cyprus-politicians-financial-woes-unveiled

Once again, this year’s financial disclosures from our members of parliament are filled with laughable and tragic statements. Marinos Sizopoulos must be having a hard time making ends meet, ...

11. The 'Great Sea Interconnector' will cut electricity costs by 30%

https://knews.kathimerini.com.cy/en/business/the-great-sea-interconnector-will-cut-electricity-costs-by-30

Minister of Energy, Commerce, and Industry George Papanastasiou is set to meet with the management of Greece's Independent Power Transmission Operator (ADMIE) on Thursday to receive a comprehensive Cost and Benefit Analysis (CBA) for the Great Sea Interconnector (GSI) project, linking Cyprus, Greece, and Israel....

12. Luxury retailers Saks and Neiman Marcus merge in big deal

https://knews.kathimerini.com.cy/en/news/luxury-retailers-saks-and-neiman-marcus-merge-in-big-deal

A new luxury retail giant is emerging in the United States as the parent company of Saks Fifth Avenue acquires Neiman Marcus for $2.65 billion....

13. Politico: Is Brexit's peak over? UK faces calls to rejoin EU

https://knews.kathimerini.com.cy/en/news/politico-is-brexit-s-peak-over-uk-faces-calls-to-rejoin-eu

British voters are gearing up for their first post-EU general election this Thursday, marking a significant milestone since Brexit....

14. Fidias' victory brings new hope to Cypriot politics

https://knews.kathimerini.com.cy/en/comment/opinion/fidias-victory-brings-new-hope-to-cypriot-politics

In modern pedagogy, one can distinguish between a young person who reacts to various situations and suggestions of expected behaviour, and another who remains apathetic......

15. Enjoy summer savings: Up to 50% off with Wolt+ weeks

https://knews.kathimerini.com.cy/en/business/enjoy-summer-savings-up-to-50-off-with-wolt-weeks

Over 650 offers and discounts of up to 50% for Wolt+ subscribers until June 23....

16. Electricity interconnector could save households up to €400

https://knews.kathimerini.com.cy/en/business/electricity-interconnector-could-save-households-up-to-€400

The Great Sea interconnector, a €1.9 billion subsea cable linking the electricity grids of Cyprus and Greece, promises significant savings for Cypriot households. ...

17. Government prioritizes cross-border electricity links at EU council

https://knews.kathimerini.com.cy/en/news/government-prioritizes-cross-border-electricity-links-at-eu-council

Electricity interconnection with third countries is a constant priority for Cyprus, the Permanent Secretary of the Ministry of Energy, Commerce and Industry......

18. Cyprus wins IMF praise for strong recovery

https://knews.kathimerini.com.cy/en/news/cyprus-wins-imf-praise-for-strong-recovery

The International Monetary Fund (IMF) has praised Cyprus for its robust economic recovery and fiscal discipline, recommending continued efforts......

19. Cypriot banks set to exceed 2023's record profits in 2024

https://knews.kathimerini.com.cy/en/news/cypriot-banks-set-to-exceed-2023-s-record-profits-in-2024

Cypriot banks are maintaining a low profile, but it's expected that 2024 will bring in higher profits compared to the record-breaking figures of 2023. ...

20. Study shows many Cypriots struggle with financial literacy

https://knews.kathimerini.com.cy/en/news/study-shows-many-cypriots-struggle-with-financial-literacy

A recent study by the Economics Research Centre at the University of Cyprus has brought to light issues regarding financial literacy in the country....

21. 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....

22. Macron declares ''Europe is mortal,'' calls for unity

https://knews.kathimerini.com.cy/en/news/macron-declares-europe-is-mortal-calls-for-unity

The 27-country bloc needs to urgently rethink its defence and economic models to not fall behind its rivals, the French leader said. ...

23. The birth of Bank of Cyprus in 1899

https://knews.kathimerini.com.cy/en/news/the-birth-of-bank-of-cyprus-in-1899

The narrative of the Bank of Cyprus, the venerable cornerstone of the island's financial landscape, traces its origins back to January 1, 1899. This pivotal moment heralded a new era not only for Cyprus's economy but also for its societal fabric....

24. Alpha Bank CEO eyes expansion in Romania

https://knews.kathimerini.com.cy/en/business/alpha-bank-ceo-eyes-expansion-in-romania

Alpha Bank chief executive officer Vassilis Psaltis pointed to further expansion and acquisitions in Romania in a joint interview with the CEO of Italian bank UniCredit, Andrea Orcel for Bloomberg....

25. Middle East conflict fuels fear of $100 per barrel

https://knews.kathimerini.com.cy/en/news/middle-east-conflict-fuels-fear-of-$100-per-barrel

The recent Iranian attack on Israel serves as a stark reminder of the ever-shifting geopolitical dynamics in the Middle East, with potential ramifications extending......

26. Turkey's Central Bank reports 2023 loss of 818.2B lira

https://knews.kathimerini.com.cy/en/news/turkey-s-central-bank-reports-2023-loss-of-818-2b-lira

Turkey’s central bank posted a 2023 loss of 818.2 billion lira ($25.25 billion), showed its balance sheet published in the Official Gazette on Sunday, on the back of steep loss stemming from the “KKM” foreign exchange-protected deposit scheme....

27. Employers call for tax reform to spur economic growth

https://knews.kathimerini.com.cy/en/business/employers-call-for-tax-reform-to-spur-economic-growth

Employers are advocating for a comprehensive overhaul of the tax system, proposing significant changes aimed at boosting economic activity and competitiveness. Here's a breakdown of their proposals:...

28. Lawmakers slam green taxation plans as ''stupid'' and ''immoral''

https://knews.kathimerini.com.cy/en/news/lawmakers-slam-green-taxation-plans-as-stupid-and-immoral

DISY MP Kyriakos Hatzigiannis and Ecologists MP Stavros Papadouris sharply criticized the government's green taxation plans in interviews with ''SPOR FM 95.0'' and ''DIASPORA News.''...

29. Europe's ambitious plan to reignite economic engines

https://knews.kathimerini.com.cy/en/news/europe-s-ambitious-plan-to-reignite-economic-engines

As Europe endeavours to uphold its competitiveness amidst economic rivals, its politicians believe they hold a concealed asset: the savings of its citizens, which remain unused and dormant....

30. CERA proposes reduced electricity increases amidst parliamentary discussion

https://knews.kathimerini.com.cy/en/news/cera-proposes-reduced-electricity-increases-amidst-parliamentary-discussion

The head of Regulatory Energy Cyprus (Cera), Andreas Poulikkas, briefed the Parliament's Finance Committee on the latest proposals submitted by the Electricity Authority of Cyprus (EAC) for review. ...

X