https://knews.kathimerini.com.cy/en/news/invest-cyprus-takes-strides-to-boost-investments-on-the-island
Invest Cyprus, the national Investment Promotion Authority has been fervently working to position Cyprus as an appealing investment and business hub, ...
https://knews.kathimerini.com.cy/en/news/apply-for-national-solidarity-fund-replenishment-until-may-25th
Online applications for the Replenishment Scheme of the National Solidarity Fund will reopen on Tuesday and will remain open until May 25th, according to the Ministry of Finance....
https://knews.kathimerini.com.cy/en/news/international-student-numbers-fall-in-uk-universities
Universities are reporting a steep drop in international students applying to come to the UK, amid warnings that further restrictions on student visas would torpedo a vital flow of talent for Britain’s creative industries....
https://knews.kathimerini.com.cy/en/news/cyprus-revs-up-its-new-car-registrations
The Cyprus Statistical Service's latest report reveals a significant surge in motor vehicle registrations, marking a 33.5% increase to 17,589 in January-April 2024, compared to 13,180 in the same period of 2023....
https://knews.kathimerini.com.cy/en/news/government-employment-surges-by-5-2-in-2024
Government employment surged by 5.2% in the first four months of 2024, reaching a total of 54,837 individuals, according to data released Monday by the Statistical Service. By April 2024, the number climbed further to 55,253, revealing a breakdown of personnel across various sectors....
https://knews.kathimerini.com.cy/en/news/hadjimanoli-we-hope-to-expand-into-the-asian-market
Marina Hadjimanoli stepped into her role as Deputy Minister of Shipping amidst a period of upheaval, with the shipping sector grappling with various challenges including geopolitical conflicts and safeguarding supply chains against potential terrorist threats targeting merchant vessels....
https://knews.kathimerini.com.cy/en/news/putin-picks-economist-belousov-as-defense-chief-shoigu-switches-gears
Russian President Vladimir Putin tapped a civilian economist as his surprise new defence minister on Sunday in an attempt to gird Russia for economic war by trying to better utilise the defence budget and harness greater innovation to win in Ukraine....
https://knews.kathimerini.com.cy/en/news/1-cyfield-in-the-spotlight-as-trouble-brews-over-nicosia-s-mega-projects
A storm is brewing over a major project in Nicosia, as delays and ballooning costs spark concerns about fairness and oversight in public contracts, according to a report by Apostolos Tomaras....
https://knews.kathimerini.com.cy/en/news/pope-francis-urges-italians-to-increase-birth-rates
Pope Francis pressed his campaign Friday to urge Italians to have children, calling for long-term policies to help families and warning that the country’s demographic crisis was threatening the future.
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https://knews.kathimerini.com.cy/en/business/household-deposit-rates-surge-as-home-buying-loan-rates-dip
In March 2024, the financial landscape in Cyprus saw some interesting shifts, according to data released by the Central Bank of Cyprus. Here's a breakdown of what happened:...
https://knews.kathimerini.com.cy/en/news/transport-minister-confirms-nicosia-ring-road-on-track-for-june-16-completion
Transport, Communications, and Works Minister Alexis Vafeadis announced on Wednesday that the Nicosia peripheral motorway project is set to be completed by June 16, 2024, ...
https://knews.kathimerini.com.cy/en/news/st-kitts-and-nevis-appoints-joseph-borghese-as-special-envoy-for-fdis
In a strategic effort to boost Foreign Direct Investment (FDI) initiatives, the Government of the Federation of St. Kitts and Nevis has appointed His Excellency Joseph Borghese as Special Envoy for Foreign Direct Investments. ...
https://knews.kathimerini.com.cy/en/news/study-shows-many-cypriots-struggle-with-financial-literacy
A recent study by the Economics Research Centre at the University of Cyprus has brought to light issues regarding financial literacy in the country....
https://knews.kathimerini.com.cy/en/business/deloitte-announces-2024-technology-fast-50-rankings
Cyprus based Capital.com claims top spot for the third consecutive year exhibiting 4411% growth in revenues
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https://knews.kathimerini.com.cy/en/news/fighting-high-interest-rates-is-europe-s-main-challenge
The European economy faces significant challenges amidst the current geopolitical crisis, which threatens its global position. ...
https://knews.kathimerini.com.cy/en/news/millions-saved-in-cyprus-pension-reform
The saga surrounding multiple pensions remains in limbo, as two bills navigate the corridors of power, scrutinized by the Presidential office, Cabinet, and Parliament....
https://knews.kathimerini.com.cy/en/news/ecb-maintains-€6-76-billion-worth-of-cypriot-government-bonds
The value of Cypriot government bonds held by the European Central Bank remained steady at €6.76 billion by the end of April. This is part of the ECB's efforts to scale back its holdings and control inflation....
https://knews.kathimerini.com.cy/en/news/shoppers-prioritize-food-purchases-over-clothing-this-easter
Supermarkets saw increased consumer traffic the days before Easter, celebrated in Cyprus over the last weekend, as consumers chose to spend on food and items for the holiday feast, while other retail stores did not, due to a decline in the habit of shopping for shoes and clothing during this holiday....
https://knews.kathimerini.com.cy/en/news/china-s-leader-targets-hungary-serbia-for-investments
Chinese leader Xi Jinping will spend most of his five-day tour in Europe this week in two small countries in the continent’s eastern half, a region that Beijing has used as a foothold for its expanding economic ambitions in Europe....
https://knews.kathimerini.com.cy/en/business/cyprus-unemployment-falls-to-6-similar-to-eu-average
Unemployment in Cyprus dipped to 6% in March, aligning with the EU average and staying below the eurozone average of 6.5%, as per data disclosed by Eurostat, the EU's statistical office, on Friday....
https://knews.kathimerini.com.cy/en/news/experts-predict-few-coal-plants-to-survive-stricter-us-regulations
New climate rules imposed by Joe Biden’s administration requiring huge cuts in carbon pollution from coal-fired power plants will accelerate the decline of an industry that until recently provided most of America’s power, experts say, potentially even dealing a death blow to coal in the US....
https://knews.kathimerini.com.cy/en/news/cyprus-bolsters-anti-money-laundering-arsenal
The Cyprus government has reaffirmed its steadfast dedication to upholding international standards in combating money laundering and terrorism financing, as outlined in a press release by the Presidency of the Republic....
https://knews.kathimerini.com.cy/en/news/cyprus-records-3-2-drop-in-march-fuel-sales
Total sales of petroleum products declined by 3.2% year on year in March with sales amounting to 108,200 tonnes.
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https://knews.kathimerini.com.cy/en/business/cyprus-navigates-economic-uncertainty-with-strong-economic-reserves
Cyprus is sitting pretty with a lot of cash in the bank, and it's good news for handling any economic bumps in the road. The government's stash of nearly €2.83 billion can cover a big chunk of its debts due in the next year....
https://knews.kathimerini.com.cy/en/news/mp-neofytou-proposes-11-000-immediate-payout-for-solidarity-fund-recipients
Democratic Rally MP Averof Neophytou has unveiled a groundbreaking initiative aimed at alleviating financial burdens for beneficiaries of the Solidarity Fund....
https://knews.kathimerini.com.cy/en/news/consumer-agency-reports-stable-easter-prices-with-some-increases
Prices of 18 Easter products are holding steady at last year's levels, with some exceptions showing significant increases, according to findings from the Consumer Protection Agency under the Ministry of Energy, Trade, and Industry....
https://knews.kathimerini.com.cy/en/news/scotland-s-leader-yousaf-steps-down-amidst-turmoil
Scotland's leader Humza Yousaf resigned on Monday, further opening the door to the UK opposition Labour Party regaining ground in its former Scottish heartlands during a national election expected to be held later this year.
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https://knews.kathimerini.com.cy/en/news/european-airfares-hit-20-30-increase-from-2019-to-2023
Throughout the summer of 2023, air travel across Europe witnessed a significant uptick in prices, with fares soaring 20 to 30% higher compared to pre-pandemic levels in 2019, according to recent data from E data.E. released in October....
https://knews.kathimerini.com.cy/en/news/former-central-bank-governor-reflects-on-achievements-and-future-plans
In an exclusive interview with Andreas Kimitris of Kathimerini, former Cyprus Central Bank Governor Constantinos Herodotou delved into various aspects of his tenure and the hurdles encountered during his term. ...
https://knews.kathimerini.com.cy/en/news/macron-declares-europe-is-mortal-calls-for-unity
The 27-country bloc needs to urgently rethink its defence and economic models to not fall behind its rivals, the French leader said.
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