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12° Nicosia,
04 August, 2025
 

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Displaying results 1591-1620 of 2892 matches for query Economic.

1591. 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...

1592. 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...

1593. 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....

1594. 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...

1595. 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....

1596. 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....

1597. 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....

1598. 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....

1599. 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...

1600. 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....

1601. Erdogan keeps suspense as he helicopters to drillship

https://knews.kathimerini.com.cy/en/news/erdogan-keeps-suspense-as-he-helicopters-to-drillship

Suspense in Nicosia and Athens were unceremoniously put on hold on Tuesday when Turkish President Recep Tayyip Erdogan announced the launch of the country’s Abdulhamid Han drill ship in contested waters off Cyprus but was in no hurry to share coordinates...

1602. Inflation in Cyprus creeps close to 11% in July

https://knews.kathimerini.com.cy/en/business/inflation-in-cyprus-creeps-close-to-11-in-july

Inflation in July 2022, hit the double-digit mark, recording an increase of 10.9%, with the Consumer Price Index increasing by 1.39 units and reaching 113.63 units compared to 112.24 units in June 2022....

1603. EC promoting bi-communal solar energy power plant

https://knews.kathimerini.com.cy/en/news/ec-promoting-bi-communal-solar-energy-power-plant

The European Commission has been promoting the idea of creating a bi-communal solar power plant that would “contribute to the energy needs of both communities”, European Commission President Ursula von der Leyen said in an interview with the Cyprus News Agency....

1604. China retaliates with military drills off Taiwan's coast after Pelosi visit

https://knews.kathimerini.com.cy/en/news/china-retaliates-with-military-drills-off-taiwan-s-coast-after-pelosi-visit

China kicked off its biggest-ever military exercises in the seas around Taiwan following US politician Nancy Pelosi's visit....

1605. Turkish inflation surges to nearly 80%

https://knews.kathimerini.com.cy/en/business/turkish-inflation-surges-to-nearly-80

Turkish inflation rose to a fresh 24-year high of 79.6% in July, data showed on Wednesday as the lira’s continued weakness and global energy and commodity costs pushed prices higher, though the price rises came out below forecasts....

1606. Foreign Direct Investment in Europe a game of two halves: current volatility impacts strategy while long-term appeal instills confidence

https://knews.kathimerini.com.cy/en/business/foreign-direct-investment-in-europe-a-game-of-two-halves-current-volatility-impacts-strategy-while-long-term-appeal-instills-confidence

Europe’s attractiveness for FDI has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, according to the latest annual EY European Attractiveness Survey....

1607. Russia sending money to Turkey for the $20 Billion Akuyo nuclear plant

https://knews.kathimerini.com.cy/en/news/russia-sending-money-to-turkey-for-the-$20-billion-akuyo-nuclear-plant

A Russian state-owned company is transferring money to a subsidiary that’s building a $20 billion nuclear power plant on Turkey’s Mediterranean coast, alleviating concerns the project could be delayed by war sanctions....

1608. Cyprus-Chevron's Aphrodite tactics irk Israel

https://knews.kathimerini.com.cy/en/news/cyprus-chevron-aphrodite-tactics-irk-israel

A gas field dispute between Cyprus and Israel over a tiny portion, with which the island nation hopes to buy out its neighbor, went in deep water this week after Nicosia and Chevron preannounced plans for Aphrodite despite a decade-long unresolved issue still pending between the two nations...

1609. Cyprus and Greece coordinating closely in anticipation of Turkish provocations

https://knews.kathimerini.com.cy/en/news/cyprus-and-greece-coordinating-closely-in-anticipation-of-turkish-provocations

Greece and Cyprus accused rival Turkey on Thursday of stoking tensions as Ankara prepared to dispatch a drillship to the Mediterranean next month in a search for natural gas....

1610. Cyprus requests disbursal of €85 million in RRF funds from EC

https://knews.kathimerini.com.cy/en/news/cyprus-requests-disbursal-of-€85-million-rrf-funds-from-ec

The European Commission announced it received on Thursday the first payment request from Cyprus under the Recovery and Resilience Facility (RRF) for the disbursement of €85 million in financial support (net of pre-financing), ...

1611. ‘Erdogan feels weak,’ says ex-Mossad chief

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-‘erdogan-feels-weak-says-ex-mossad-chief

With 42 years' worth of experience in the armed forces and intelligence, General Danny Yatom is a living legend in Israel....

1612. K. Treppides & Co Ltd: Benefits in Kind

https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-benefits-in-kind

There are a number of commercial benefits that come with registering the property in the name of a legal entity rather than as an individual e.g. for asset protection purposes as it provides protection against personal insolvency since a property that is in the name of a legal entity should not be affected should the individual becomes personally insolvent....

1613. UN not keen on hi tech near buffer zone

https://knews.kathimerini.com.cy/en/news/un-not-keen-on-hi-tech-near-buffer-zone

A draft on UNFICYP renewal expected to pass Thursday in the Security Council includes concerns over military surveillance equipment being placed near the divided island’s buffer zone...

1614. Cyprus gas discoveries boosted by EU’s shift from Russia supplies

https://knews.kathimerini.com.cy/en/business/cyprus-gas-discoveries-boosted-by-eu-s-shift-from-russia-supplies

The European Union’s drive to slash reliance on Russian natural gas is boosting the strategic importance of finds in Cyprus, the country’s energy minister said....

1615. Europe agrees to compromise deal on gas rations as Russia squeezes supply

https://knews.kathimerini.com.cy/en/news/europe-agrees-to-compromise-deal-on-gas-rations-as-russia-squeezes-supply

European Union governments agreed Tuesday to ration natural gas this winter to protect themselves against any further supply cuts by Russia as Moscow pursues its invasion of Ukraine....

1616. 48 years later...The generation that grew up in ignorance

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-48-years-later-the-generation-that-grew-up-in-ignorance

I belong to that generation that was born and grew up in the decade after the invasion when the existing state of affairs in Cyprus began to consolidate. We are that generation that didn't live through the disaster, didn't live in tents, didn't see the dead....

1617. Italy's PM resigns spelling trouble for Europe

https://knews.kathimerini.com.cy/en/news/italy-s-pm-resigns-spelling-trouble-for-europe

Italian prime minister Mario Draghi has resigned, ending a national unity government formed to tackle unpopular reforms and spelling trouble for Europe at a time of acute economic challenges....

1618. European nations asked to immediately start rationing natural gas

https://knews.kathimerini.com.cy/en/news/european-nations-asked-to-immediately-start-rationing-natural-gas

To avoid energy shortages that would stall economic growth and leave households cold in the winter as Russia weaponizes its gas exports, European countries should immediately start rationing use of the fuel, the European Commission said on Wednesday, and cut their use 15 percent until next spring....

1619. Cost of consumer goods and services increased by 9% in June

https://knews.kathimerini.com.cy/en/news/cost-of-consumer-goods-and-services-increased-by-9-in-june

The Harmonized Index of Consumer Prices (HICP) increased by 9% in June, when compared to the index of June 2021, setting a new record high, while continuing its upward course for the 16th consecutive month, pushed by the consecutive appreciations mainly in energy prices....

1620. Collin Stewart: 'No development, no prospects on the horizon'

https://knews.kathimerini.com.cy/en/news/collin-stewart-no-development-no-prospects-on-the-horizon

On Monday, the UN Security Council held discussions regarding the UN Peacekeeping Force in Cyprus (UNFICYP) under the chairmanship of the Permanent Representative of Brazil, Ambassador Ronaldo Costa Filho....

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