https://knews.kathimerini.com.cy/en/news/government-vulnerable-to-rising-fuel-costs-amid-middle-east-tensions
Economist Pampos Papageorgiou recently addressed the potential economic consequences that the ongoing conflict in the Middle East may bring to Cyprus and Europe....
https://knews.kathimerini.com.cy/en/news/eu-uk-nationals-now-registering-at-citizens-service-centers
In a unanimous decision by the Plenary Assembly, an amendment has been approved, granting Union citizens and certain United Kingdom nationals, along with their family members, the right to move and reside freely in the Republic of Law.
...
https://knews.kathimerini.com.cy/en/news/gates-and-kyriakides-forge-global-health-partnership
In a meeting held on Wednesday (11/10), Bill Gates conferred with EU Health and Food Safety Commissioner Stella Kyriakides. ...
https://knews.kathimerini.com.cy/en/news/ireland-s-tax-policies-fill-sovereign-fund-coffers
Countries like Saudi Arabia, Norway, and Chile have long established their own sovereign-wealth funds....
https://knews.kathimerini.com.cy/en/news/government-to-expand-workforce-in-2024
In the 2024 budget, authorities anticipate total general government revenue of €13.2 billion and expenditures of €11.8 billion, resulting in a fiscal surplus of €659 million, equal to 2.2% of GDP. ...
https://knews.kathimerini.com.cy/en/news/the-israel-war-s-impact-on-economy-and-energy-prices
Economists have been examining the inevitable economic consequences of the war in Israel, particularly its influence on fuel and electricity costs....
https://knews.kathimerini.com.cy/en/news/electricity-link-connects-israel-cyprus-crete-and-greece
In a significant development for the energy sector, George Papanastasiou, the Minister of Energy, Trade, and Industry, expressed his warm welcome for the forthcoming implementation of the electricity interconnection project connecting Israel, Cyprus, Crete, and mainland Greece....
https://knews.kathimerini.com.cy/en/news/fuel-prices-set-to-surge-amid-israel-conflict
In an exclusive interview with SPOR FM and the show DIASPORA NEWS, Minister of Energy George Papanastasiou predicted a looming surge in fuel prices in the coming days, attributing it to the ongoing conflict in Israel. ...
https://knews.kathimerini.com.cy/en/business/4-day-3d-printed-homes-with-eco-friendly-materials
A recyclable 3D-printed home made from natural materials has been revealed to the public, and this may only be the beginning....
https://knews.kathimerini.com.cy/en/news/ai-enhancing-work-life-balance-100-year-careers
JPMorgan CEO Jamie Dimon is shaking off doomsday predictions about what AI means for humanity — instead laying out how he sees the technology vastly improving businesses and the work-life balance of their employees....
https://knews.kathimerini.com.cy/en/news/deadly-mirage-for-birds-with-over-1-000-fatal-collisions-in-a-single-day
In a grim escalation of tensions, the Israel Defense Forces (IDF) have accused Hamas of taking "hostages and prisoners of war," according to Brig. Gen. Daniel Hagari, the IDF spokesperson....
https://knews.kathimerini.com.cy/en/news/world-s-dogs-considering-vegan-diet-for-a-greener-planet
If all the world’s dogs went vegan it would save more greenhouse gas emissions than those produced by the UK, according to research advocating the environmental benefits of plant-based pets....
https://knews.kathimerini.com.cy/en/news/poles-and-greeks-europe-s-thriftiest-tourists
Poles are the most tight-fisted tourists in Europe, spending around €185 per person in other countries while visiting for tourism purposes, totalling up to €7.2 billion in 2022....
https://knews.kathimerini.com.cy/en/news/targeted-fuel-and-heating-reductions-in-government-s-considerations
The Cyprus Electricity Authority has announced a 3% increase in electricity prices for upcoming bills. ...
https://knews.kathimerini.com.cy/en/news/singapore-drivers-hit-with-£88-000-bill-just-to-own-a-car
Drivers in Singapore now need to pay £88,000 for the right to own a car - and that doesn't include the cost of the vehicle itself....
https://knews.kathimerini.com.cy/en/news/tourists-spend-over-€1-5-billion-setting-new-high
The most recent data from the Statistical Service regarding tourism revenues are confirming expectations, as expressed by Deputy Minister of Tourism Kostas Koumis in a recent interview with "K". It appears that this year could potentially set a new record for tourism revenues....
https://knews.kathimerini.com.cy/en/news/president-s-silent-pension-raises-eyebrows
Both the President of the Republic and members of Parliament have emphasized the necessity of legislative regulation to put an end to the simultaneous receipt of public employee pensions and salaries by political officials.
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https://knews.kathimerini.com.cy/en/news/electricity-prices-surge-by-3-in-latest-billing-cycle
In a recent development, electricity prices have witnessed a notable uptick, surging by 3% when compared to the preceding month. Christina Papadopoulou, the spokesperson for EAC (the electricity authority), elucidated that a significant portion of this increase, amounting to 1.20%, is earmarked for third-party entities rather than being allocated to AHK....
https://knews.kathimerini.com.cy/en/business/taxi-driver-protest-sparks-traffic-chaos-in-nicosia
This morning, a protest led by taxi drivers took place in Nicosia. The event has already concluded....
https://knews.kathimerini.com.cy/en/news/e-kalathi-takes-on-soaring-fuel-and-food-prices
The ongoing debate within the House Commerce Committee regarding the Retail Price Recording and Monitoring Bill has become both tiresome and contentious....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-net-interest-income-doubles-amid-ecb-rate-hikes
The Cypriot banking system's net interest income (NII) saw a remarkable doubling in the first half of 2023, marking an annual increase of 100%, primarily due to the ongoing rate hikes by the European Central Bank (ECB) aimed at tackling rising inflation....
https://knews.kathimerini.com.cy/en/news/15-4-spike-in-public-expenditure-for-2024
In the 2024 Budget, there's a notable rise of EUR 0.5 billion in public personnel expenditure. According to the Council of Ministers' approved budget table for 2024, this marks a substantial increase of 496 million euros. In terms of percentages, this surge amounts to 15.4% compared to the personnel expenditure allocated for the public sector in 2023....
https://knews.kathimerini.com.cy/en/news/new-senate-chairman-eyes-turkey-s-f-16-deal
The Senate Foreign Relations Committee’s new chairman on Thursday said he would look at Turkey’s $20 billion Lockheed Martin F-16 fighter jet deal and that more issues than Sweden’s ascension to NATO would affect the decision on lifting his predecessor’s longstanding hold....
https://knews.kathimerini.com.cy/en/news/electricity-bills-to-surge-by-4-56-due-to-soaring-fuel-costs
Households are set to face another financial hit as electricity bills are expected to increase by 4.56%, coinciding with a continued upward trend in energy costs....
https://knews.kathimerini.com.cy/en/news/cbc-governor-herodotou-reveals-breakthrough-in-digital-finance
The Central Bank of Cyprus has completed the tender for a new digital platform for customer compliance, said CBC Governor Constantinos Herodotou, speaking at an event organized by the Association of Cyprus Electronic Money and Payment Institutions, on Thursday afternoon....
https://knews.kathimerini.com.cy/en/news/new-law-protects-consumers-against-unlawful-practices
In a unanimous decision, the plenary session of the Parliament has approved a groundbreaking harmonizing law aimed at empowering consumers to protect their collective interests effectively....
https://knews.kathimerini.com.cy/en/news/eac-brings-400-000-smart-meters-for-all
Demetris Nathaniel, EAC's Deputy Press Spokesman, informed K that the first 40,000 smart meters will be operational by the first half of 2024, with the remainder to be installed within 2-3 years....
https://knews.kathimerini.com.cy/en/news/loans-gain-€8-5-million-momentum
Total loans in August recorded a net increase of €8.5 million, following a significant decrease of €100 million the previous month. Meanwhile, for a second consecutive month, deposits saw a net decrease, amounting to €175.5 million....
https://knews.kathimerini.com.cy/en/news/president-biden-stands-with-striking-autoworkers-demanding-40-pay-raise
President Joe Biden on Tuesday joined a picket line with striking autoworkers in Michigan, supporting their call for a 40% pay raise and saying they deserve a "lot more" than they are getting....
https://knews.kathimerini.com.cy/en/news/california-takes-bold-step-towards-gender-neutral-school-bathrooms
California Gov. Gavin Newsom has signed a law requiring K-12 schools to provide gender-neutral bathrooms by July 2026....
