https://knews.kathimerini.com.cy/en/news/nations-unite-for-a-tobacco-free-tomorrow
There is a growing number of countries implementing measures to curb smoking, to eradicate the habit in future generations. Portugal, Canada, Australia, France, New Zealand, Mexico, and the UK are among those taking steps to create a smoke-free generation....
https://knews.kathimerini.com.cy/en/news/hiv-patients-denied-care-forced-to-halt-medication
In 2023, although HIV is no longer contagious, HIV-positive patients in Cyprus continue to face marginalization and social exclusion when taking medication....
https://knews.kathimerini.com.cy/en/news/will-black-friday-s-shopping-basket-be-lighter-this-year
The November market outlook differs this year....
https://knews.kathimerini.com.cy/en/news/assessing-george-papanastasiou-s-9-month-energy-impact
Last March, when the newly elected President of the Republic, Nikos Christodoulides, announced his Cabinet, one portfolio that drew attention was the Ministry of Energy....
https://knews.kathimerini.com.cy/en/business/russian-tycoons-secure-bargains-as-multinationals-retreat
In the post-Ukraine war era, a unique trend is shaping Russia's business landscape. Big Western players like McDonald's, Ball Corp., and Henkel AG made a swift exit, leaving behind a $21 billion void. Enter a new generation of Russian business leaders, seizing opportunities amidst the multinational exodus....
https://knews.kathimerini.com.cy/en/business/eurozone-economic-snapshot-november-13-2023
Inflation in the Eurozone, which stood at 10.6% in October 2022, has decreased to 2.9% in October 2023, sparking optimism among central bankers....
https://knews.kathimerini.com.cy/en/news/electronic-ids-set-to-transform-citizen-services
Before the end of the current year, citizens and various professional groups will benefit from the use of electronic identity and electronic signatures in several government services, said Philippos Hadjizacharia, the Deputy Minister of Research, Innovation, and Digital Policy, during his speech at the 19th annual Economist Conference in Nicosia.
...
https://knews.kathimerini.com.cy/en/news/eu-extends-sanctions-on-turkey-for-east-med-drilling
In a press release on Thursday, the Council of the European Union announced the renewal of restrictive measures against Turkey for unauthorized drilling activities in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-swells-as-imports-surge-in-2023
Cyprus faces a growing trade deficit, reaching €6,490.8 million in January-September 2023, a €685.1 million increase from the same period in 2022, reports the Statistical Service of Cyprus. Total imports surged by 12.7% to €9,756.5 million, with exports rising by 14.6% to €3,265.7 million during the same period....
https://knews.kathimerini.com.cy/en/business/deloitte-celebrates-65-years-of-success-in-cyprus
This year marks 65 years of continuous successful presence for Deloitte in Cyprus. The company celebrated 65 years of ''making an impact that matters'' at an event held on 2 November, in the presence of all partners and staff. ...
https://knews.kathimerini.com.cy/en/news/seven-ways-to-boost-cyprus-economy-and-competitiveness
The Cyprus economy needs seven important pillars to respond to the increasingly volatile environment, achieve greater growth, gain a more resilient and competitive economy, and develop innovation and more growth potential, according to PwC CEO Philippos Soseilos....
https://knews.kathimerini.com.cy/en/business/championing-consumer-rights-in-the-digital-era
A Consumer Dialogue event titled "New Consumer Agenda - Challenges ahead" took place at the EU House in Nicosia, addressing critical aspects of consumer protection, consumer rights and obligations in an era marked by the challenges of digitalization and the green transition....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-bracing-for-profit-squeeze-according-to-moody-s
Moody's believes that Cyprus' small and saturated banking sector, the banks' limited loan portfolio, and low fee and commission income will restrict opportunities for growth in domestic banks' activities and profitability in the long term....
https://knews.kathimerini.com.cy/en/news/suppliers-push-for-price-increases-amidst-economic-uncertainty
Marios Antoniou, the General Secretary of the Retail Trade Association, discussed the pricing dynamics of products affected by the zero VAT rate, as well as current data and requests for price adjustments during an appearance on SPOR FM's show, Dispersion News....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-and-hellenic-bank-upgraded-by-fitch
Fitch Ratings has delivered significant upgrades to the two largest Cypriot banks, Bank of Cyprus and Hellenic Bank, signaling a positive turn in Cyprus's economic landscape and a bright outlook for both financial institutions....
https://knews.kathimerini.com.cy/en/business/two-week-lifeline-as-aphrodite-negotiations-extend-amid-deadlock
With the deadline for Chevron's proposal on the ''Aphrodite'' reservoir set to expire on Sunday, November 5, negotiations between the Republic of Cyprus and the consortium of ''12'' (Chevron, Shell, NewMed) led by the American giant for the development of the reservoir seem to remain in a deadlock. ...
https://knews.kathimerini.com.cy/en/news/fitch-upgrades-hellenic-s-long-term-rating-to-bb-with-stable-outlook
In a recent announcement, Fitch Ratings raised Hellenic Bank's long-term rating from "BB-" to "BB+" and assigned a stable outlook to the bank. The agency also upgraded the bank's Viability Rating (VR) to "bb+" from "bb-."...
https://knews.kathimerini.com.cy/en/news/the-israeli-army-on-very-high-alert-along-the-northern-border-with-lebanon
The Israeli army has announced a state of "very high alert" along the country's northern border with Lebanon. They have also stated their readiness to respond to any incident that may occur in the region....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-hails-unprecedented-ties-between-cyprus-and-us
Relations between Cyprus and the United States are today at the highest level than ever before, President Nikos Christodoulides said on Thursday evening, addressing a Gala dinner at the Presidential Palace, organised by AHEPA Cyprus in memory of businessman Photos Photiades....
https://knews.kathimerini.com.cy/en/news/uk-accused-of-turning-a-blind-eye-to-israel-palestine-war
Concerns that the UK Foreign Office has neglected the Israel-Palestine conflict in its tilt to the Indo-Pacific and the pursuit of trade deals across the Middle East is to be investigated by the foreign affairs select committee....
https://knews.kathimerini.com.cy/en/news/will-czech-republic-embrace-the-euro
Despite being part of the European Union for nearly two decades, the Czech Republic remains staunchly opposed to adopting the euro as its official currency. ...
https://knews.kathimerini.com.cy/en/news/eni-launches-cyprus-drilling-operation-at-kronos-2
The Transocean Barrents floating drilling rig has set sail from Limassol and is en route to the Kronos field. It will conduct drilling operations on behalf of the Italian company ENI at the Kronos-2 target in Block 6 of the Cypriot Exclusive Economic Zone (EEZ), approximately 160 kilometers southwest of Cyprus, according to a report from CNA....
https://knews.kathimerini.com.cy/en/comment/opinion/tensions-escalate-as-aphrodite-field-negotiations-reach-breaking-point
The final phase of negotiations for the development of the Aphrodite field, led by Chevron's consortium in Block 12 and the Republic of Cyprus, is approaching its deadline, set by Nicosia for the commencement of FEED operations on the upcoming Sunday, November 5....
https://knews.kathimerini.com.cy/en/news/producers-and-importers-join-forces-to-tackle-tobacco-product-waste
Producers and importers of tobacco products with filters have embarked on a significant environmental initiative, aligning themselves with the European Directive 2019/904/EU....
https://knews.kathimerini.com.cy/en/news/€16-billion-in-energy-investments-for-2021-2030
Cyprus' investment footprint in the energy sector is small but not insignificant, with expected investments in the sector amounting to over €16 billion for the decade 2021-2030, experts said at the third and fourth sessions of the 11th energy symposium, organised by FMW and the Institute of Energy of South East Europe in Nicosia on Tuesday....
https://knews.kathimerini.com.cy/en/news/yemen-s-houthi-movement-joins-israel-hamas-conflict
The Yemen-based Houthi movement has joined the Israel-Hamas war, extending the conflict to the far side of the Middle East....
https://knews.kathimerini.com.cy/en/news/which-european-country-bears-the-brunt-of-energy-costs
The pre-tax prices of electricity and natural gas soared after Russia's full-scale invasion of Ukraine, but they're now on the decline. Although slightly higher than the second half of 2022, the final prices for customers, including taxes, reached their peak in the first half of 2023....
https://knews.kathimerini.com.cy/en/business/ministry-secures-€245-million-boost-for-business-growth-in-2027
A total of €245 million has been secured by the Ministry of Energy, Commerce and Industry for the new programming period up to 2027, which will be made available to businesses through targeted grant plans with an emphasis on absorbing and utilising as many resources as possible from European Funds, including the Recovery and Resilience Fund, Energy Minister George Papanastasiou said on Friday, speaking at the General Electoral Assembly of the Paphos Chamber of Commerce and Industry....
https://knews.kathimerini.com.cy/en/news/labour-minister-discusses-pension-relief-proposal-on-spor-fm
Greek Minister of Labour Yannis Panagiotou addressed the proposal to exempt the basic pension from the actuarial reduction of 12% for employees with 40 years of contributions during an interview with SPOR FM and the show Diaspora News....
https://knews.kathimerini.com.cy/en/news/foreign-minister-kombos-in-ramallah-announces-economic-aid-for-palestinians
Cyprus Foreign Minister Constantinos Kombos visited Ramallah on Monday to address the escalating tensions in the Middle East and explore the establishment of a maritime humanitarian corridor....