https://knews.kathimerini.com.cy/en/business/medicover-awarded-at-the-10th-invest-cyprus-international-investment-awards
Medicover was honoured at the prestigious 10th Invest Cyprus International Investment Awards, which recognize foreign companies, individuals, and investors for their contribution to the country’s economy....
https://knews.kathimerini.com.cy/en/business/manufacturers-must-comply-with-halloumi-specifications
By the end of the month, cheese manufacturers will produce halloumi that will fully comply with the specifications of the Protected Designation of Origin (PDO), Minister of Agriculture, Rural Development and Environment Kostas Kadis has said....
https://knews.kathimerini.com.cy/en/news/three-times-as-many-cypriots-traveled-abroad-in-june
Cypriots and Cypriot residents traveling abroad increased more than three-fold in June compared with June of last year according to data released by the Statistical Service of Cyprus (Cystat)....
https://knews.kathimerini.com.cy/en/news/stella-kyriakides-visits-ukraine-in-bid-to-provide-eu-health-support
EU Health Commissioner, Stella Kyriakides, visited Ukraine today as part of the Commission's ongoing efforts to provide support in the area of health....
https://knews.kathimerini.com.cy/en/life/ever-wonder-what-it-smelled-like-in-the-golden-age-or-the-stench-of-the-industrial-age
Sometimes, the most powerful jolt of nostalgia one can feel is that which comes after picking up the scent of something iconic of one’s childhood....
https://knews.kathimerini.com.cy/en/news/former-senior-u-s-official-admits-to-planning-attempted-foreign-coups
John Bolton, a former U.S. ambassador to the United Nations and former White House national security adviser, said on Tuesday that he had helped plan attempted coups in foreign countries....
https://knews.kathimerini.com.cy/en/news/slashed-tires-slow-down-finance-minister
The tires of a vehicle belonging to the Cypriot finance minister were slashed over weekend, with police saying they were investigating the incident...
https://knews.kathimerini.com.cy/en/business/construction-projects-decline-as-prices-soar
Activity in the construction sector in Cyprus continues its decline in the first quarter of 2022, amid soaring prices, data released on Tuesday by the Statistical Service of Cyprus show....
https://knews.kathimerini.com.cy/en/news/cyprus-property-market-growing-in-number-and-value
The Cyprus property market is growing while getting pricier, as the number of properties rises by 1.5%, while their overall value increased by 2.2% based on January 2021 prices compared to 2018 data....
https://knews.kathimerini.com.cy/en/news/local-councilor-arrested-after-company-bleeds-cash
A local councilor in rural Larnaca has been remanded in custody on suspicion of swindling a produce company in his community out of half a million, following an audit that revealed blank cheques were misused...
https://knews.kathimerini.com.cy/en/news/trade-deficit-increased-to-€2-967-6-million-for-the-period-january-–-may-2022
The trade deficit was €2,967.6 mn in January – May 2022 compared to €2,265.8 mn in the corresponding period of 2021, according to provisional data, published by the Statistical Service on Monday....
https://knews.kathimerini.com.cy/en/news/fewer-permanent-positions-filled-by-cyprus-government-this-year
Employment in permanent government positions fell by 679 people, or 2.5%, from 26,629 to 25,950, while employment in temporary positions increased by 882 people, or 4.9%, to 18,980 compared to 18,098 in June 2021, according to data from the Statistical Service published on Monday....
https://knews.kathimerini.com.cy/en/news/inflation-edges-closer-to-double-digits-in-june
Inflation in Cyprus in June edged closer to double-digits driven by the soaring prices in electricity and energy on the backdrop of the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/men-work-7-5-years-longer-in-cyprus-compared-to-women
The expected average duration of working life for 15-year-olds in the EU was 37.9 years in Cyprus in 2021, above the EU average of 36.0 years, according to data released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/turkey-to-deploy-its-fourth-drillship-in-august
Turkey’s fourth drilling ship will start work in the first half of August and probably in the Mediterranean, according to Turkey’s Energy Minister Fatih Donmez....
https://knews.kathimerini.com.cy/en/business/unemployment-down-53-8-from-last-year-but-up-16-5-from-last-month
The number of registered unemployed persons at the end of June 2022 decreased by 53.8% compared to June 2021, based on (actual) data kept at the Provincial Labour Offices, falling to 12,332....
https://knews.kathimerini.com.cy/en/business/employee-influence-grows-43-set-to-quit-jobs-for-better-pay-career-opportunities-and-flexibility
Employees around the world now hold more sway in the global job market, with two-fifths (43%) of respondents saying they are likely to quit in the next 12 months according to the EY 2022 Work Reimagined Survey...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-offering-voluntary-retirement-plans-for-up-to-600-employees
The Bank of Cyprus is offering a Voluntary Retirement Plan to 500 - 600 employees of its employees in the hopes that it can reduce its number of employees in order to maintain profitability. ...
https://knews.kathimerini.com.cy/en/business/average-gross-earnings-increased-by-6-8-in-q1-of-2022
The average gross monthly earnings of employees during the first quarter of 2022, amounted to €2,019 compared to €1,891 during the first quarter of 2021, recording an increase of 6.8%, according to data published, on Wednesday, by the Cyprus Statistical Service....
https://knews.kathimerini.com.cy/en/news/retail-trade-in-the-grip-of-inflation
The market is under intense pressure due to the inflationary trends of recent months with consumers appearing hesitant on their trips to retail stores. More shoppers are looking for special offers and refraining from impulsive buys....
https://knews.kathimerini.com.cy/en/business/public-world-premiere-of-the-gt4-eperformance-at-the-festival-of-speed
The all-electric Porsche GT4 ePerformance has begun its world tour at the internationally-renowned Goodwood Festival of Speed. The tour is intended to highlight the potential of the vehicle concept and the associated racing formats....
https://knews.kathimerini.com.cy/en/news/a-number-of-migrants-deported-on-tuesday-by-cyprus-police
Cyprus police participated in the repatriation of 15 third-country nationals on Tuesday. All were on the island illegally....
https://knews.kathimerini.com.cy/en/news/petroleum-product-sales-up-by-34-oil-reserves-down-by-17-1
Total sales of petroleum products increased by 34% on an annual basis in May 2022, while total petroleum reserves decreased by 17.1% (18,020 tons) at the end of May 2022, compared to the end of May 2021....
https://knews.kathimerini.com.cy/en/news/eu-leaders-tackle-inflation-energy-shocks-from-russia-s-war
A day after endorsing Ukraine’s candidacy to join the European Union, the bloc’s leaders turned their attention Friday to the severe economic turbulence looming over the coming months as the full impact of Russia’s war sinks in and the threat of recession rises....
https://knews.kathimerini.com.cy/en/news/tourism-stages-comeback-despite-losses-from-russian-market
Tourist arrivals in Cyprus during May increased significantly compared to the same month of 2021, however, they were still lower compared to May 2019 and with obvious losses from the Russian and Ukrainian markets....
https://knews.kathimerini.com.cy/en/news/concerns-over-increasing-drugs-trafficked-through-occupied-side
Cyprus Drug Law Enforcement Unit (DLEU) on Thursday expressed concerns that drug dealers may be using Turkey to transport illegal substances to the occupied areas and then to the Cyprus Republic. This comes after drug traffickers needed to find other distribution channels following the start of the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/turkey-to-blame-for-increasing-number-of-migrants-in-cyprus
Interior Minister Nicos Nouris said on Thursday that Turkey is the main culprit for the increasing number of migrants to Cyprus....
https://knews.kathimerini.com.cy/en/news/russia-accuses-west-of-spreading-lies-about-causes-of-world-s-food-crisis
Russia on Wednesday said the West was spreading lies about the causes of the global food crisis which Moscow said was being stoked by the sanctions imposed on Russia by the United States and European Union due to the invasion of Ukraine....
https://knews.kathimerini.com.cy/en/business/ey-survey-energy-security-concerns-reinforce-government-focus-on-renewable-energy-programs
Energy security has risen to the top of government priority lists in the wake of geopolitical instability and spiralling gas prices....
https://knews.kathimerini.com.cy/en/news/only-half-of-cypriots-agree-with-eu-sanctions-against-russia
Only 54% of respondents in Cyprus, compared to an average of 80% in the European Union, agree with EU financial sanctions against Russia, according to the European Parliament's spring Eurobarometer findings....
