https://knews.kathimerini.com.cy/en/business/small-number-of-banks-meeting-new-loan-demand
The net demand for loans from businesses in Cyprus decreased in the third quarter of 2022, and banks anticipate a similar decline in the net demand for loans from businesses and households in all loan categories in the fourth quarter of 2022 compared to the third quarter.
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https://knews.kathimerini.com.cy/en/news/north-detains-two-teens-on-counterfeit-spending-spree
Two Greek Cypriot teenagers accused of using fake money to make purchases in the north have been arrested by Turkish Cypriot police, while another man from the south was detained after cartridges were found in his vehicle...
https://knews.kathimerini.com.cy/en/news/ec-proposing-a-ceiling-of-275-euros-per-megawatt-hour-for-natural-gas
Energy Commissioner Kadri Simson announced at a press conference in Brussels yesterday that the European Commission is proposing to cap the price of natural gas at 275 euros per megawatt hour for next month's TTF contracts....
https://knews.kathimerini.com.cy/en/business/european-institute-of-management-and-finance-establishes-the-centre-of-good-governance
Considering the need to tackle weak and precarious governance structures evident in both private and public entities, the European Institute of Management and Finance (EIMF) has established the Centre for Good Governance (CGG) in an effort to enhance governance at all levels and in all fields. ...
https://knews.kathimerini.com.cy/en/business/the-visionary-leader-of-pafilia-wins-at-the-prestigious-bank-of-cyprus-man-of-the-year-awards
Pafilia founder and CEO, Mr Elias Eliades has been awarded a prestigious honor at the 21st Bank of Cyprus MAN OF THE YEAR Awards, with the title of Best Manager / Entrepreneur....
https://knews.kathimerini.com.cy/en/business/raising-the-black-friday-bar
This year's Black Friday is expected to be much stronger and more appealing to consumers than last year's Black Friday. Following the tepid and disappointing performance of 2021, market participants believe this is the case. ...
https://knews.kathimerini.com.cy/en/news/immerse-yourself-in-a-christmas-wonderland
There is a little over a month left until Christmas, which means that now is the perfect time to book a trip for anyone who is planning to reach another country, especially a European country....
https://knews.kathimerini.com.cy/en/business/3-november-newsletter-of-k-treppides-co-ltd-european-banking-authority
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/cyprus-beats-eu-average-in-road-deaths
The highest incidence of road fatalities in the European Union in 2020 were recorded in rural regions, while Cyprus was one of the countries where road fatalities per million inhabitants was above the EU average, according to data released by Eurostat, the statistical service of the EU...
https://knews.kathimerini.com.cy/en/news/ag-files-appeal-against-acquittal-in-first-golden-passport-trial
The Attorney General of the Republic filed an appeal on Friday against the acquittal decision of the Larnaca Permanent Criminal Court, issued on November 4, 2022, in connection with a case involving the exceptional naturalization of foreign investors and businessmen....
https://knews.kathimerini.com.cy/en/business/anastasiades-reduction-of-tender-offers-not-due-to-lack-of-trust
There has been an acceleration of the growth rate of public investments, Cyprus President, Nicos Anastasiades, said on Friday, upon receiving the annual report of the Tenders Review Authority from its Chairwoman, Efi Papadopoulou....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-presents-the-transparency-report-2022
ΕΥ Cyprus has released its Transparency Report 2022, which provides an update on the firm’s efforts to execute high-quality audits, identify and mitigate risks and enhance trust in business and the capital markets, in support of sustainable, long-term value creation. ...
https://knews.kathimerini.com.cy/en/news/cypriot-residents-took-more-trips-abroad-this-month-compared-to-last-year
A total number of 119,466 residents of Cyprus returned from a trip abroad in October 2022, compared to 64,547 in the corresponding month last year, recording an increase of 85.1%....
https://knews.kathimerini.com.cy/en/news/marios-georgiou-named-man-of-the-year-2022
Marios Georgiou was named Man of the Year at the 21st annual Bank of Cyprus - Man of the Year Awards 2022 held at the Parklane Hotel in Limassol last night, Wednesday, November 16th, in the presence of the President of the Republic of Cyprus, Mr. Nicos Anastasiades. ...
https://knews.kathimerini.com.cy/en/business/amazon-announces-immediate-layoffs-of-10-000-workers
Amazon plans to lay off approximately 10,000 employees from administrative and other positions in its technology departments....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-awarded-project-of-holistic-management-of-cyta-s-sustainable-development
EY Cyprus has been awarded by Cyta the project of the Holistic Management of the company’s Sustainable Development. ...
https://knews.kathimerini.com.cy/en/business/the-pay-gap-between-men-and-women-in-cyprus-is-at-9
Gender Equality Commissioner Josephine Antoniou said in a message on the European Union's Equal Pay Day that the pay gap between men and women in Cyprus is 9%, which means that women earn 91 cents for every euro earned by men....
https://knews.kathimerini.com.cy/en/news/the-first-mountain-agriculture-of-troodos-products-have-hit-the-market
Another innovative project led by the Cyprus Institute is taking shape, with the introduction of the first fruits and vegetables bearing the quality label "Mountain Agriculture Troodos" to the market....
https://knews.kathimerini.com.cy/en/business/2-november-newsletter-of-k-treppides-co-ltd-european-banking-authority
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/spyware-and-political-games
The European Parliament's Committee of Inquiry's draft report on the use of spyware in the EU was lengthy and comprehensive, but in the case of Cyprus, a sizable portion of the information was a repetition of already well-known facts and concerns about the absence of the required institutional framework. ...
https://knews.kathimerini.com.cy/en/news/man-wanted-for-760m-euros-worth-of-fraud-arrested-at-larnaca-airport
On Sunday night, a 49-year-old man who is wanted by Chinese authorities on an international warrant in connection with a fraud case was apprehended at Larnaca airport....
https://knews.kathimerini.com.cy/en/news/stakes-are-high-as-cyprus-seeks-new-archbishop
The Holy Synod in Cyprus is gearing up for high-stakes elections after Archbishop Chrysostomos was laid to rest on Saturday, following a funeral service officiated by Ukraine-backer Bartholomew whose historic trip from Istanbul foreshadows a colossal dilemma of epic consequences for the island and the orthodox world at large...
https://knews.kathimerini.com.cy/en/news/another-british-man-dies-while-crossing-the-road
A British man died in a road accident over the weekend after being struck by a car on a coastal road in Paphos, where another fatality and other car accidents involving pedestrians have been piling up this month...
https://knews.kathimerini.com.cy/en/business/cyprus-regulator-to-suspend-ftx-s-license
FTX's European Union license in Cyprus could be suspended in yet another blow to Sam Bankman-Fried's crypto exchange, according to Bloomberg....
https://knews.kathimerini.com.cy/en/news/finance-minister-calls-for-the-repeal-of-foreclosure-suspension
The Ministry of Finance proposes delaying the law on divestiture suspension.
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https://knews.kathimerini.com.cy/en/business/slower-economic-growth-expected-towards-end-of-year
The Cypriot economy is expected to slow down towards the end of 2022 after growing steadily during the first half of the year, according to the chapter on Cyprus from the European Commission’s Autumn 2022 Economic Forecast which was presented on Friday by Commissioner for the Economy Paolo Gentiloni....
https://knews.kathimerini.com.cy/en/business/musk-s-first-email-to-twitter-staff-no-more-telecommuting
Elon Musk, the platform's new owner, informed Twitter staff in his first email that "difficult days are ahead." After firing 50% of the staff, Musk's first significant move was to outlaw telecommuting unless he personally approved a request....
https://knews.kathimerini.com.cy/en/business/ey-modernization-of-the-government-s-web-presence-–-the-redesign-of-the-government-websites
EY Cyprus has signed the contract for the modernization of the web presence of the Republic of Cyprus, through the redesign of the Government’s websites, which will now be accessible through a new digital portal, the gov.cy. ...
https://knews.kathimerini.com.cy/en/news/larnaca-s-new-branded-hotel-photos
Solaar Hospitality's new hotel (formerly Michael's Beach Hotel) on the Larnaca-Dhekelia road is set to open in less than six months. The new hotel on the city's map will bear the name of an international hospitality chain and will open in April 2023 as the Mercure Beach Hotel Larnaca....
https://knews.kathimerini.com.cy/en/business/zuckerberg-says-sorry-as-meta-lays-off-1-000-employees
Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the most significant job cuts in the tech giant’s history....
