https://knews.kathimerini.com.cy/en/business/the-path-to-fighting-inflation-is-difficult
In an insightful dialogue about the economic landscape, Joachim Nagel, a prominent figure in the financial realm and a member of the ECB Governing Council, shares his perspectives on inflation, interest rates, and the challenges facing the European economy....
https://knews.kathimerini.com.cy/en/news/protecting-citizens-information-in-cyprus-under-scrutiny
The water leak at the Ministry of Finance in Cyprus has exposed broader issues in the country's digital services, raising concerns about both physical infrastructure protection and the safeguarding of citizens' data....
https://knews.kathimerini.com.cy/en/business/france-and-us-ink-deal-for-extended-four-year-visas
In a bid to strengthen economic ties and encourage cross-border business activities, France and the United States have recently inked a groundbreaking agreement allowing French citizens an extended four-year US visa. ...
https://knews.kathimerini.com.cy/en/news/amver-awards-–-saving-lives-at-sea
The U.S. Embassy in Nicosia and the Cyprus Shipping Chamber (CSC), in cooperation also with the Cyprus Marine Environment Protection Association (CYMEPA) and the American Bureau of Shipping (ABS), co-organized a ceremony in Limassol on November 30 to recognize shipping companies participating in the U.S. Coast Guard's AMVER program....
https://knews.kathimerini.com.cy/en/news/€6m-fund-faces-scrutiny-in-migrant-returns
A recent evaluation conducted by the Audit Office sheds light on the challenges faced by the Police in detecting and repatriating irregular migrants and asylum seekers....
https://knews.kathimerini.com.cy/en/news/astronauts-capture-striking-views-of-tiangong-space-station-before-earth-return
In a historic moment, China's Shenzhou 16 mission bid farewell to the Tiangong Space Station, offering a unique glimpse of the entire structure through high-definition imagery. The departure marked the first comprehensive imaging of Tiangong since its orbital arrival....
https://knews.kathimerini.com.cy/en/news/renewable-energy-hits-17-2-eyes-soaring-heights-in-2023
The share of energy consumption from renewable energy resources (RES) in 2022 has reached 17.2% in Cyprus and is expected to increase further in 2023 and in the following years, according to the annual report of the Cyprus Energy Regulatory Authority (CERA) for 2022 presented on Wednesday to the President of the Republic Nikos Christodoulides....
https://knews.kathimerini.com.cy/en/news/russia-s-loyalty-agreements-pose-threat-to-foreigners-freedom-of-expression
In a move that raises concerns over freedom of expression, Russia's interior ministry has drafted legislation requiring foreigners to sign a "loyalty agreement" upon entry....
https://knews.kathimerini.com.cy/en/business/france-s-controversial-anti-smoking-campaign-sparks-debate
France is set to intensify its battle against smoking, with Health Minister Aurelien Rousseau announcing a comprehensive anti-smoking program....
https://knews.kathimerini.com.cy/en/business/electricity-bills-to-drop-by-12-starting-november-1
In a recent announcement, consumers in Cyprus can expect a 12% reduction in their electricity bills starting November 1. ...
https://knews.kathimerini.com.cy/en/news/government-achieves-historic-50-drop-in-asylum-applications
There is a 50% reduction in the period March-October 2023 in new asylum applications compared to the 2022 corresponding period, the Interior Ministry said on Tuesday, noting at the same time that for the first time, the overall balance of arrivals-returns presents a positive picture, and Cyprus is now ranking in the first places among European states in absolute numbers of returns....
https://knews.kathimerini.com.cy/en/news/nigerian-gang-exploits-facebook-connections-in-elaborate-scam
Greek authorities have dismantled a criminal organization consisting of Nigerian and Sierra Leonean nationals accused of duping women out of substantial sums of money through an elaborate online scam....
https://knews.kathimerini.com.cy/en/news/ministry-s-robust-€65-2m-budget-signals-ambitious-2024-plans
At 65.2 million euros, the proposed budget of the Ministry of Tourism for 2024 surpasses previous years, accounting for initial budgets and excluding additional expenditures....
https://knews.kathimerini.com.cy/en/business/lagarde-s-stance-on-cryptos-revealed-amidst-family-investment-fallout
European Central Bank President Christine Lagarde disclosed that her son experienced significant losses while investing in cryptocurrency, as reported by Reuters on November 24. ...
https://knews.kathimerini.com.cy/en/business/dac6-revisited-through-the-prism-of-dac8
The Directive on Administration Cooperation (''DAC'') has been amended multiple times since 2011 to allow for the automatic exchange of information across multiple fields of taxation....
https://knews.kathimerini.com.cy/en/news/declines-in-kerosene-and-heating-gasoil-offset-by-surges-in-aviation-fuel-sales
Sales of Cyprus’ petroleum products recorded a 1.3% decline in October 2023, totaling 130,677 tonnes, marking a downturn compared to the same month in 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-robust-11-8-surge-in-household-spending-defies-eu-norms
In 2022, Cyprus experienced a notable 11.8% increase in household final consumption expenditure compared to the previous year, surpassing the EU's overall growth of 4.7%, as reported by Eurostat. ...
https://knews.kathimerini.com.cy/en/business/larnaka-based-marketing-agency-ranked-in-top-4-digital-advertising-teams-in-the-world-for-2023
The Obsidian Co. is positioning Cyprus on the global stage, securing a spot in the top 4 finalists in The Drum Awards 2023's ''Agency Team of the Year'', solidifying its status among the world's best digital advertising agencies....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-double-digit-sanctions-violations-chaos
Cyprus’ Law Office has received complaints on possible sanctions violations amounting to double-digits, Attorney-General George Savvides told a parliamentary committee which discussed the “Cyprus confidential” publication, involving millions of leaked files on financial transactions investigated by the International Consortium of Investigative Reporters (ICIJ)....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-drop-in-savings-to-6-5-eurostat-highlights
Saving rates were significantly lower than in 2021 (13.47 in Cyprus, 16.4% in the EU), and closer to the values before COVID-19 pandemic (5.8% in Cyprus and 12.3% in the EU in 2019)....
https://knews.kathimerini.com.cy/en/business/cyprus-gets-bbb-boost-in-latest-ratings-but-challenges-persist
The German Scope Ratings have given a positive sign for Cyprus by upgrading the country to BBB+ last Friday from the previous BBB while keeping the outlook of the economy stable. ...
https://knews.kathimerini.com.cy/en/news/eu-commissioner-s-urgent-call-for-sustainable-pesticides-reform
In a significant move for environmental and agricultural sustainability, the European Commission put forth legislative proposals in June 2022 aimed at curbing the use of the most hazardous pesticides. The proposal outlines a bold plan to achieve a 50% reduction by 2030....
https://knews.kathimerini.com.cy/en/business/binance-s-zhao-steps-down-as-ceo
In a significant development for the cryptocurrency world, Changpeng Zhao, better known as CZ, has announced his resignation as the chief executive officer of Binance....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-33-drop-in-new-asylum-applications-compared-to-19-eu-increase
In August 2023, the European Union saw a 19% increase in new asylum seekers compared to the same period in 2022, with 91,735 applications recorded. ...
https://knews.kathimerini.com.cy/en/news/supermarkets-in-spain-take-extreme-measures-to-protect-olive-oil
In Spain, the world's leading olive oil producer, supermarkets are resorting to extreme measures as the price of this liquid gold skyrockets. With some bottles reaching 14.5 euros, theft is on the rise, prompting anti-theft devices on olive oil shelves....
https://knews.kathimerini.com.cy/en/news/hellenic-bank-rakes-in-€240-7m-in-2023-s-first-9-months
Hellenic Bank announced on Tuesday a profit of €240.7 million for the first 9 months of 2023....
https://knews.kathimerini.com.cy/en/business/nicosia-s-one-stop-shop-sparks-green-line-trade-revolution
The European Commission has taken a significant step in facilitating cross-border trade with the introduction of the EU One Stop Shop (EU OSS) for Green Line trade, located in the vibrant city of Nicosia....
https://knews.kathimerini.com.cy/en/news/significant-increase-of-cannabis-users-in-cyprus
A 2023 survey by the Cyprus National Addictions Authority has shown a significant increase in the number of cannabis users, while its use of more than one time has doubled....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-spike-in-economic-uncertainty-amidst-regional-conflict
After a relatively stable six-month period, economic uncertainty in Cyprus experienced a notable surge in October, with the Economic Policy Uncertainty (EPU) index reaching an estimated 256.63, compared to its September value of 202.84....
https://knews.kathimerini.com.cy/en/news/university-of-cyprus-professor-recognized-among-influential-scientists-worldwide
In a significant achievement for academic excellence, Professor Despo Fatta-Kassinou from the University of Cyprus has secured a spot on the list of the most influential scientists globally for 2022....
