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12° Nicosia,
14 June, 2025
 

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Displaying results 1531-1560 of 2852 matches for query Economic.

1531. Germany to revise immigrant laws to allow more skilled migrant workers

https://knews.kathimerini.com.cy/en/news/germany-to-revise-immigrant-laws-to-allow-more-skilled-migrant-workers

In the coming months, the German Ministry of Labor will come forward with a proposal to the federal government to introduce a new immigration option for skilled foreigners....

1532. Updates from the presidential campaign trail

https://knews.kathimerini.com.cy/en/news/updates-from-the-presidential-campaign-trail

The Cyprus problem, women's issues and policemen's salaries, as well as agricultural policy and the illegal supply of fuel from the Turkish-occupied areas, were some of the issues which were put forward by presidential candidates on the election campaign trail on Wednesday....

1533. EU plans to cap gas prices risking cutoff from Russia

https://knews.kathimerini.com.cy/en/news/eu-plans-to-cap-gas-prices-risking-cutoff-from-russia

The European Union proposed a price cap on Russian gas on Wednesday hours after President Vladimir Putin threatened to halt all supplies if they took such a step, raising the risk of rationing in some of the world’s richest countries this winter....

1534. Oil prices retreat to pre-Russian invasion levels

https://knews.kathimerini.com.cy/en/news/oil-prices-retreat-to-pre-russian-invasion-levels

Crude oil prices retracted to levels before Russia's invasion of Ukraine on Wednesday with Brent oil prices falling below $90 a barrel amid concerns of an impending economic downturn....

1535. Employment and working hours up compared to last year

https://knews.kathimerini.com.cy/en/business/employment-and-working-hours-up-compared-to-last-year

Employment in Cyprus increased by 1.9% in the second quarter of 2022, in comparison to the corresponding quarter of the previous year, reaching 458,706 persons. However, actual working hours increased by 5.2% in the same period and are estimated at 207,154 thousand, according to data published by the Statistical Service....

1536. Banks imposing stricter lending standards

https://knews.kathimerini.com.cy/en/business/banks-imposing-stricter-lending-standards

Cyprus banks have tightened credit standards in the second quarter of 2022, while net new lending demand subsided, reflecting the geopolitical tensions and the uncertainty in the global economic environment, the Central Bank of Cyprus Bank Lending Survey for Q2 says....

1537. Eastmed clickbait clarified after ENI chief talks gas

https://knews.kathimerini.com.cy/en/news/eastmed-clickbait-emerges-after-eni-talks-gas-plans

ENI chief says the Italian company will fully replace Russian gas by 2025 by using additional resources from the eastern Mediterranean, a reference to Cyprus that was taken out of context by local media...

1538. Bicycle subsidy platform now open for new applications

https://knews.kathimerini.com.cy/en/news/bicycle-subsidy-platform-now-open-for-new-applications

The Department for Transport, Communications and Works announces the opening of applications for the revised Bicycle Purchase Grant Scheme for 2022 - 2023....

1539. Euro-dollar exchange falls to a 20-year low

https://knews.kathimerini.com.cy/en/business/euro-dollar-exchange-falls-to-a-20-year-low

The escalation of the energy crisis with Moscow's aggressive, albeit predictable, decision to close the Nord Stream 1 pipeline indefinitely has led to a new fall in the euro, this time below 99 cents on the dollar....

1540. Britain's new PM draws scathing reaction from Moscow

https://knews.kathimerini.com.cy/en/news/britain-s-new-pm-draws-scathing-reaction-from-moscow

Liz Truss will replace Boris Johnson as Britain's prime minister on Tuesday, after Russian politicians and media lined up on Monday predicting her ascent to power would do nothing to improve dire relations. ...

1541. EU citizens can now apply for a visa on arrival in Saudi Arabia

https://knews.kathimerini.com.cy/en/business/eu-citizens-can-now-apply-for-a-visa-on-arrival-in-saudi-arabia

Citizens from European Union countries planning to travel to Saudi Arabia will be subject to the new tourist visa scheme that the latter’s authorities have introduced in order to increase the number of international visitors to the country....

1542. Presidential candidates on the move as campaign heats up

https://knews.kathimerini.com.cy/en/news/presidential-candidates-on-the-move-as-campaign-heats-up

The presidential election campaign trail over the weekend ended with the Cyprus Green Party deciding next month on the name of the presidential candidate it will support. ...

1543. More than €370m earmarked for rural and mountain communities

https://knews.kathimerini.com.cy/en/news/more-than-€370m-earmarked-for-rural-and-mountain-communities

"The government supports rural areas and their residents", Cyprus’ Transport Minister, Yiannis Karousos said on Sunday evening, stressing that in 2019 the government adopted the National Strategy for the Development of Mountain Communities, for the first time since the establishment of the Republic of Cyprus....

1544. Metsola: 'Europe's bloc is made stronger by the discovery of so much natural gas in your country'

https://knews.kathimerini.com.cy/en/news/metsola-europe-s-bloc-is-made-stronger-by-the-discovery-of-so-much-natural-gas-in-your-country

In anticipation of Roberta Metsola's visit to Cyprus on September 9th, Kathimerini's George Kakouris sits down with the European Parliament President and gets her take on the Cyprus problem, recently discovered natural gas reserves and the issue behind Cyprus' "golden passport" scandal....

1545. KPMG Cyprus supports ‘Back to School Supplies for ALL children’

https://knews.kathimerini.com.cy/en/business/1-kpmg-cyprus-supports-‘back-to-school-supplies-for-all-children

KPMG in Cyprus, in collaboration with the Pancyprian Volunteerism Coordinative Council (PVCC), actively participated in the campaign ‘Back to School Supplies for ALL children’...

1546. Inflation hits 8.9% in August

https://knews.kathimerini.com.cy/en/news/inflation-hits-8-9-in-august

Inflation in August 2022 increased by 8.9% in Cyprus, according to data published by the Statistical Service of Cyprus on Friday. The Consumer Price Index decreased by 0.29 units and reached 113.34 units, compared to 113.63 units in July 2022, with the drop in petroleum product prices being mainly responsible for the decrease....

1547. 100,000 workers to benefit from established minimum wage

https://knews.kathimerini.com.cy/en/business/100-000-workers-to-benefit-from-established-minimum-wage

The introduction of the national minimum wage in Cyprus, which will affect the salaries of almost 100 thousand workers from the beginning of 2023, has turned into a game of nerves but with an almost happy ending....

1548. Gorbachev, who steered Soviet breakup, dead at 91

https://knews.kathimerini.com.cy/en/news/gorbachev-who-steered-soviet-breakup-dead-at-91

Mikhail Gorbachev, who set out to revitalize the Soviet Union but ended up unleashing forces that led to the collapse of communism, the breakup of the state and the end of the Cold War, died Tuesday. The last Soviet leader was 91...

1549. Cypriot economic sentiment at 17 month low

https://knews.kathimerini.com.cy/en/news/cypriot-economic-sentiment-at-17-month-low

The economic sentiment in Cyprus deteriorated in August to a 17-month low, as the Economic Sentiment Indicator (ESI-CypERC) decreased by 4.5 points compared with July 2022....

1550. Penalizing Russia

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-penalizing-russia

The parallels between the Baltic countries' strategy towards Russia and the Cyprus strategy, so to speak, towards Turkey, seem easy (and are an official line of the Cypriot Foreign Ministry, which has instructed its diplomats to link the ongoing Russian invasion with the Turkish invasion)....

1551. Washington reiterates gas hopes for entire region

https://knews.kathimerini.com.cy/en/news/washington-reiterates-gas-hopes-for-entire-region

The US state department has reiterated the American position on Cyprus' natural resources this week after ENI announced a new gas find south of the island, with a Cyprus News Agency report alluding to slightly altered language in the latest statement attributed to an official from across the pond...

1552. Refugees transfer boats in high sea pushback off Cyprus

https://knews.kathimerini.com.cy/en/news/refugees-transfer-boats-in-high-sea-maneuver-off-cyprus

About a hundred presumptive refugees, whose boat was blocked from entering Cypriot waters on Monday night, were reportedly transferred to another vessel bound for Lebanon over their objections...

1553. Turkey must behave as a NATO ally

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-turkey-must-behave-as-a-nato-ally

Senator Bob Menendez, chair of the United States Senate Committee on Foreign Relations, calls for more steps to deepen the multidimensional relationship between Greece and the US, from defense and security to emerging technologies, the digital economy, the maritime industry and commercial shipping....

1554. Cyprus stoked about gas discovery’s EU prospect

https://knews.kathimerini.com.cy/en/news/cyprus-stoked-about-gas-discovery-s-eu-prospect

Nicosia says preliminary estimates of a new gas discovery in the country’s exclusive economic zone raise the prospect that big players could still include the island in their plans to supply the European Union with much needed natural gas...

1555. Turkey's stance undermines prospects for peace in Cyprus and the wider region

https://knews.kathimerini.com.cy/en/news/turkey-s-stance-undermines-prospects-for-peace-in-cyprus-and-the-wider-region

Turkey's stance creates deadlock which undermines prospects for peace in Cyprus and in the wider region, said on Sunday the Permanent Secretary at the Ministry of Interior, Costas Constantinou....

1556. Sleepy Greek port becomes US arms hub

https://knews.kathimerini.com.cy/en/news/sleepy-greek-port-becomes-us-arms-hub

But the sleepy port of Alexandroupoli in northeastern Greece has taken on a central role in increasing the US military presence in Eastern Europe to contain Russian aggression. That flow has angered not only Russia but also neighboring Turkey, underlining how war in Ukraine is reshaping Europe’s economic and diplomatic relationships....

1557. Fair State. Five proposals to fight corruption

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-fair-state-five-proposals-to-fight-corruption

In the Cyprus of 2022, corruption has permeated all levels of our society. The extent of the problem needs to be ascertained first. Then, the diagnosis of its causes. Finally, but most importantly, the specific proposals to combat it....

1558. Unprecedented rise in dog abandonments this year

https://knews.kathimerini.com.cy/en/news/unprecedented-rise-in-dog-abandonments-this-year

Dog shelters in Cyprus are "filled to the brim", volunteers say, as they are daily called to take in abandoned dogs, while adoptions from the UK – where the majority of dogs go to – have plunged due to Brexit, the pandemic and the economic crisis....

1559. Dad’s hurried deportation stirs debate in Cyprus

https://knews.kathimerini.com.cy/en/news/dad-s-hurried-deportation-stirs-debate-in-cyprus

The hasty deportation of a detained man, whose wife and teenage son remain in Cyprus, has stirred up debate this week, bringing the child commissioner head to head with the state’s law enforcement authorities and even the interior minister himself...

1560. Now is a good time to follow the simple rule of 28/36

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-now-is-a-good-time-to-follow-the-simple-rule-of-28-36

Rising prices have been a major topic of discussion over the past few weeks. In essence, however, little can be done by individuals to mitigate the effects of rising fuel and commodity prices on a global scale....

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