https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-economies-facing-a-twin-problem-following-the-war-in-ukraine
The EU and Cyprus economies are facing a “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, according to discussions held by the Nicosia Chamber of Commerce and Industry and the European Investment Bank (EIB)....
https://knews.kathimerini.com.cy/en/news/anastasiades-the-protection-of-employees-rights-is-a-priority
President Nicos Anastasiades on Sunday listed a number of government policies and strategies as well as decisions in favor of laborers, as he addressed an event organized by trade union SEK in honor of Labor Day at the village of Amiantos....
https://knews.kathimerini.com.cy/en/news/head-of-eu-border-agency-offers-to-resign-after-accusations-of-rights-abuse-sources-say
The head of the European Union’s border agency Frontex, Fabrice Leggeri, has offered to resign, a source told Reuters on Friday, after accusations that the body mistreated migrants on the external frontiers of the bloc....
https://knews.kathimerini.com.cy/en/news/turkey-expands-usage-of-mir-to-circumvent-payment-problems-for-russian-tourists
Turkey is trying to attract more Russian tourists by expanding the usage of the Russian Mir payment system in Turkey as it seeks to bypass the payment bottleneck created by Western sanctions....
https://knews.kathimerini.com.cy/en/news/pelted-russian-convoy-in-limassol-goes-viral
Cyprus Police say no complaint was filed regarding a video from Limassol that went viral this week, showing cars with Russian flags being pelted with heavy items at the southern town's seafront...
https://knews.kathimerini.com.cy/en/business/consulco-s-london-credit-fund-q1-2022-results
Consulco achieved a remarkable first quarter of 2022, during which our London Credit Fund achieved a dividend of £ 13.07 per unit of its Class A shares, $ 11.14 per unit for its Class C shares and € 9.00 per unit for its Class E shares. ...
https://knews.kathimerini.com.cy/en/news/study-heart-inflammation-more-prevalent-among-vaccinated-than-unvaccinated
Heart inflammation requiring hospital care was more common among people who received COVID-19 vaccines than those who did not, according to a new study of tens of millions of Europeans....
https://knews.kathimerini.com.cy/en/business/ey-report-a-resilient-grid-supported-by-digital-solutions-will-underpin-a-successful-transition-to-emobility
Adoption of eMobility is not just an economic or environmental phenomenon, but a psychological one that hinges on widespread customer acceptance. The current pace of EV adoption is swift, with one- in- five vehicles sold in Europe during 2021 being electric. ...
https://knews.kathimerini.com.cy/en/business/the-msci-2021-results-are-in-consulco-outperforms-the-market
The MSCI results are now available, and Consulco’s London commercial real estate portfolio has outperformed the Greater London Retail property market in all time frames over 3, 5 & 10 years, achieving a 7.5% total return per annum since inception....
https://knews.kathimerini.com.cy/en/news/captured-britons-appeal-to-uk-prime-minister
Two British fighters captured in Ukraine by Russian forces appeared on Russian state TV on Monday and asked to be exchanged for a Ukrainian ally of President Vladimir Putin who is being held by the Ukrainian authorities...
https://knews.kathimerini.com.cy/en/news/russia-to-offer-consular-services-in-the-north
Russians living in the northern part of divided Cyprus will soon be able to receive consular services, with Greek Cypriot media reporting that the development had been kept quiet for about a year...
https://knews.kathimerini.com.cy/en/news/cyprus-very-close-to-ending-all-covid-restrictions
The Cypriot government is ‘very close’ to ending all coronavirus restrictions according to health minister, who says hospitalizations were down significantly in the last couple of days...
https://knews.kathimerini.com.cy/en/business/unic-pharmacy-student-selected-for-prestigious-lindau-nobel-laureate-meeting
Mr. Angelos Odyseakis, a University of Nicosia fourth-year Pharmacy student, has been selected to participate in the upcoming 71st Lindau Nobel Laureate Meeting dedicated to Chemistry, joining a select cohort of 600 young scientists from around the world that will engage with more than 30 Nobel Laureates....
https://knews.kathimerini.com.cy/en/business/cryptocurrency-having-your-regulated-firm-able-to-trade-in-cryptocurrency
Decentralized digital currency era began in 2008 by an unknown person named Satoshi Nakamoto which invented Bitcoin, the very first cryptocurrency. ...
https://knews.kathimerini.com.cy/en/news/vindicated-alexoui-goes-after-‘malicious-prosecutors
Nicosia businessman Alexis ‘Alexoui’ Mavromichalis has filed a complaint with police internal affairs five months after he was vindicated of attempted murder, accusing prosecutors of malicious prosecution and concealing exculpatory evidence...
https://knews.kathimerini.com.cy/en/news/eib-ready-to-offer-funding-to-mitigate-effects-of-ukrainian-war-on-cyprus
New investment opportunities in Cyprus, as well as funding to mitigate the effects of the war in Ukraine, were discussed on Monday by President Nicos Anastasiadis, Finance Minister Constantinos Petridis and European Investment Bank (EIB) President Werner Hoyer. ...
https://knews.kathimerini.com.cy/en/business/us-tourists-flock-to-greece
Indications are growing that tourism from the US in Greece this year will approach the levels of 2019, and even exceed them if the international geopolitical uncertainties are lifted....
https://knews.kathimerini.com.cy/en/news/increase-of-property-supply-leads-to-decline-of-housing-prices
The increase in the property supply has contributed to a decline in prices in Cyprus in recent months, according to the latest figures reported by the Statistical Service of Cyprus (CyStat) this week....
https://knews.kathimerini.com.cy/en/business/property-sales-hit-14-year-high
Property sales in March, as measured by the number of sale contracts deposited at Land Registry offices, hit a 14-year high according to figures released by the Department of Lands and Surveys....
https://knews.kathimerini.com.cy/en/news/inflation-hits-historic-high-in-cyprus-reaching-7-1-in-march
Inflation in Cyprus soared to 7.1% in March 2022, continuing its upward trend for the twelfth consecutive month....
https://knews.kathimerini.com.cy/en/business/euler-hermes-is-now-allianz-trade
Todaymarks a new chapter in our story: Euler Hermes, the world leader in trade credit insurance, becomes Allianz Trade – a natural moveas we have been fully part of the Allianz Group since 2018...
https://knews.kathimerini.com.cy/en/news/cyprus-abolishes-flight-pass-and-country-categorizations
As of April 18, 2022, travelers will no longer be required to fill out the Cyprus Flight Pass when entering Cyprus. The move comes after tourist organizations called on the government to abolish the Flight pass, noting that Cyprus would be left behind other countries that had already made the move. ...
https://knews.kathimerini.com.cy/en/news/cyprus-growth-expected-to-‘slow-sharply
Economic growth in Cyprus will slow sharply before recovering, due to the shock associated with the war in Ukraine, the International Monetary Fund has said, adding that the key near-term challenge “is to calibrate a policy response to the economic fallout from the war in Ukraine.”...
https://knews.kathimerini.com.cy/en/news/the-state-donated-almost-7-million-euros-to-parties
A total of 6.9 million euros was donated by the state to parties and their youth organizations in 2021. ...
https://knews.kathimerini.com.cy/en/news/eurostat-11-of-cypriot-residents-are-citizens-of-other-eu-countries
The percentage of residents that are citizens of other countries living in Cyprus, both from EU member states and non-EU countries, is higher than 10%, ...
https://knews.kathimerini.com.cy/en/news/lagarde-cyprus-will-be-affected-by-inflation-and-rising-energy-costs
Cyprus will be affected by inflationary pressures and higher energy costs due to its dependence on oil imports for electricity generation, according to European Central Bank President Christine Lagarde....
https://knews.kathimerini.com.cy/en/business/overcoming-talent-crunch-and-supply-chain-upheaval-among-biggest-success-indicators-for-tech-in-2022
Increased volatility rising out of the evolving COVID-19 pandemic has led to a reshuffling of priorities for the global technology industry....
https://knews.kathimerini.com.cy/en/news/€12-9-million-in-revenue-collected-from-gambling-sector-in-2021
The betting sector in Cyprus has rebounded, reaching pre-COVID-19 levels in the fourth quarter of 2021, according to financial data released by the National Betting Authority (NBA) on Tuesday....
https://knews.kathimerini.com.cy/en/business/cablenet-reports-double-digit-growth-for-2021
During 2021 revenue reached €53.5M, a healthy 14% growth over 2020. This double-digit growth in revenue was driven, largely by the significant growth in the overall Subscriber base, which recorded a 30% increase over the previous year. ...
https://knews.kathimerini.com.cy/en/news/op-ed-fertilizer-inflation-presages-a-global-food-supply-crisis
We know that the war in Ukraine has led to sharp increases in prices for both food and fuel. This in turn has sparked concern that we may see a repeat of the famine and food riots that took place in 22 countries in the years following the global financial crisis, caused by a perfect storm of rising commodities prices....
