CLOSE
Loading...
12° Nicosia,
29 March, 2024
 

Search

Displaying results 61-90 of 2138 matches for query Economy.

61. ECB considers rate cut despite falling inflation

https://knews.kathimerini.com.cy/en/news/ecb-considers-rate-cut-despite-falling-inflation

The European Central Bank is set to keep interest rates at record highs on Thursday and take baby steps towards cutting them in the coming months as inflation continues to fall despite stubbornly high underlying price pressures....

62. Employers' organizations cry foul as water price cap sparks debate

https://knews.kathimerini.com.cy/en/business/employers-organizations-cry-foul-as-water-price-cap-sparks-debate

In a decision that pleased consumers but left employer organizations dissatisfied, the Council of Ministers approved a bill on Wednesday that grants the minister the authority to set a maximum price for specific products, ...

63. Hotel industry faces backlash over residence fees

https://knews.kathimerini.com.cy/en/news/hotel-industry-faces-backlash-over-residence-fees

The inclusion of a residence tax within the framework of the green tax reform, affecting hotels, tourist accommodations, and Airbnb, is expected to trigger reactions within the hotel industry....

64. Cyprus announces aid package for victims of Limassol tornado

https://knews.kathimerini.com.cy/en/news/cyprus-announces-aid-package-for-victims-of-limassol-tornado

In response to the recent tornado and extreme weather conditions that struck the Limassol Province on February 14, 2024, the Cyprus government has unveiled a comprehensive aid package to assist affected individuals and properties....

65. Air China's Athens-Beijing route booms with 128% capacity increase

https://knews.kathimerini.com.cy/en/news/air-china-s-athens-beijing-route-booms-with-128-capacity-increase

Air China and Athens International Airport celebrated on Tuesday the expansion of the Chinese flagcarrier’s scheduled service between Athens and Beijing as of next month, with an extra two flights per week and the use of even greater aircraft on the route....

66. Forest Park hotel acquisition joins Cyprus' mountain peaks investment

https://knews.kathimerini.com.cy/en/news/forest-park-hotel-acquisition-joins-cyprus-mountain-peaks-investment

Investment interest in the mountainous areas of the island continues to surge, a trend observed in recent years......

67. KEDIPES preps for major loan sell-off, boosting Cyprus banks

https://knews.kathimerini.com.cy/en/news/kedipes-preps-for-major-loan-sell-off-boosting-cyprus-banks

In a strategic move to streamline its assets, KEDIPES is gearing up to offload a second batch of performing loans, hot on the heels of its €58 million deal with the Bank of Cyprus....

68. Australia and Cyprus embrace renewable energy collaboration

https://knews.kathimerini.com.cy/en/news/australia-and-cyprus-embrace-renewable-energy-collaboration

In a recent interview with GOLD magazine, Fiona McKergow, the Australian High Commissioner to Cyprus, sheds light on the burgeoning connections between the two nations....

69. President's ''fireside chat'' with chosen few unveils triumphs and controversy

https://knews.kathimerini.com.cy/en/news/president-s-fireside-chat-with-chosen-few-unveils-triumphs-and-controversy

In an interchannel interview held to evaluate the first year in office, President of the Republic Nikos Christodoulides commenced proceedings a few minutes after 20:30. ...

70. President Christodoulides' candid year-one address

https://knews.kathimerini.com.cy/en/news/president-christodoulides-candid-year-one-address

In a televised address marking the completion of his first year in office, President Nikos Christodoulides highlighted the achievements and priorities of his administration. Emphasizing transparency and accountability, the President outlined the following key areas of focus:...

71. Job market improves and industrial sector grows

https://knews.kathimerini.com.cy/en/news/job-market-improves-and-industrial-sector-grows

In good news for Cyprus, the latest data from the Cyprus Statistical Service (CyStat) reveals a positive trend in the job market. In February 2024, the number of people registering as unemployed dropped by 13.8%...

72. Fuel prices soar, consumers brace for double blow

https://knews.kathimerini.com.cy/en/news/fuel-prices-soar-consumers-brace-for-double-blow

Fuel prices are on an upward trajectory week by week, with an approximate increase of 13 cents per liter. Speaking to Oriana Papantoniou on Diaspora News, Spor FM, Christodoulos Christodoulou,...

73. Turkey's February inflation hits 67.07%, raises policy concerns

https://knews.kathimerini.com.cy/en/news/turkey-s-february-inflation-hits-67-07-raises-policy-concerns

Turkey's annual inflation rate surged to 67.07% in February, surpassing expectations and sustaining pressure for a stringent monetary policy. Finance Minister Mehmet Simsek acknowledged that inflation would remain high in the coming months due to base effects and the delayed impact of previous rate hikes....

74. Christodoulides reflects on his first year in office

https://knews.kathimerini.com.cy/en/news/christodoulides-reflects-on-his-first-year-in-office

On the anniversary of completing one year in office, President Nicos Christodoulides is set to present his inaugural report tonight, detailing the progress made since his inauguration in the areas of Cyprus, the economy, and internal governance....

75. Deposit rates down, mortgage rates up

https://knews.kathimerini.com.cy/en/news/deposit-rates-down-mortgage-rates-up

Deposit interest rates dropped in January, whereas lending rates rose except interest rates for consumer lending, according to data published by the Central Bank of Cyprus....

76. Inflation and new markets propel spending close to €3 billion in 2023

https://knews.kathimerini.com.cy/en/news/inflation-and-new-markets-propel-spending-close-to-€3-billion-in-2023

Just before the end of last summer, economic analysts' projections for 2023 tourism revenue were nearing a record close to €3 billion. ...

77. How to apply for the photovoltaic project for your home

https://knews.kathimerini.com.cy/en/news/how-to-apply-for-the-photovoltaic-project-for-your-home

The Greek Ministry of Energy has launched Category A3 of the grants scheme to promote the use of Renewable Energy Sources (RES) and Combined Heat and Power (CHP) systems in residential buildings for 2024-2025. ...

78. The €623 million windfall from Cyprus' shipping industry

https://knews.kathimerini.com.cy/en/business/the-€623-million-windfall-from-cyprus-shipping-industry

Kathimerini reporter Andreas Karamitas dives into the heartbeat of Cyprus' economy - the shipping industry. In a revealing exploration, discover how this vital sector pumped a staggering €623 million into the real economy solely through ship management in 2023. ...

79. Central Bank predicts 2.2% GDP growth in 2023

https://knews.kathimerini.com.cy/en/news/central-bank-predicts-2-2-gdp-growth-in-2023

The Central Bank of Cyprus (CBC) expects GDP growth of 2.2% in 2023, compared to significant growth of 5.1% in 2022, while for the years 2024-26 it expects GDP growth of 2.6%, 3.1% and 3.2%, respectively....

80. Cyprus real estate market holds steady at €5.5bn in 2023

https://knews.kathimerini.com.cy/en/news/cyprus-real-estate-market-holds-steady-at-€5-5bn-in-2023

The Cypriot real estate market demonstrated remarkable resilience and flexibility during 2023 and the total value of transactions reached €5.5bn, which appears to be at the same levels as in 2022, a press release by PwC Cyprus says....

81. Cyprus economic growth soars 2.5% for 2023

https://knews.kathimerini.com.cy/en/news/cyprus-economic-growth-soars-2-5-for-2023

Cyprus' economic growth is estimated at 2.5% in real terms in 2023. At current prices, the Gross Domestic Product (GDP) is estimated to increase by 7.1%, according to the Statistical Service of Cyprus....

82. EU mulls tax breaks for islands nations on aviation fuel

https://knews.kathimerini.com.cy/en/news/eu-mulls-tax-breaks-for-islands-nations-on-aviation-fuel

European Union nations are in talks to grant exemptions for a proposed EU-wide tax on aviation fuel, particularly favoring islands. A draft document from Belgium,...

83. Why marriage shouldn't be the answer to €2B loans

https://knews.kathimerini.com.cy/en/comment/opinion/why-marriage-shouldn-t-be-the-answer-to-€2b-loans

In 2023, Cyprus secured a substantial loan totaling €2.02 billion from the Bank of Cyprus, earmarking €510 million specifically for housing initiatives. ...

84. EIB explores Cyprus collaboration for economic growth

https://knews.kathimerini.com.cy/en/news/eib-explores-cyprus-collaboration-for-economic-growth

European Investment Bank (EIB) Vice President Kyriakos Kakouris is on a visit to Cyprus, engaging in meetings with Cypriot officials....

85. Cyprus President's first visit to Netherlands in 34 years

https://knews.kathimerini.com.cy/en/news/cyprus-president-s-first-visit-to-netherlands-in-34-years

President of Cyprus Nikos Christodoulides and Dutch Prime Minister Mark Rutte reaffirmed the robust bilateral ties between their nations during a pivotal meeting held in The Hague on Wednesday. ...

86. EU lawmakers want drivers to pass medical exams every 15 years

https://knews.kathimerini.com.cy/en/news/eu-lawmakers-want-drivers-to-pass-medical-exams-every-15-years

European Union lawmakers are debating whether to require drivers to pass medical exams every 15 years to keep their licences, a proposal that has sparked backlash in France....

87. Nineteen new private hospitals to transform health sector in Cyprus

https://knews.kathimerini.com.cy/en/news/nineteen-new-private-hospitals-to-transform-health-sector-in-cyprus

Investors have shown interest in the health sector in Cyprus. According to the records, from 2021 until now, there are 12 new private hospitals......

88. Government now implements preemptive checks on companies

https://knews.kathimerini.com.cy/en/news/government-now-implements-preemptive-checks-on-companies

In a decision announced by Finance Minister Makis Keraunos on Tuesday, the Cabinet approved the establishment of a unified regulatory authority for companies offering administrative services. ...

89. Cypriots saving less as loan numbers fluctuate

https://knews.kathimerini.com.cy/en/news/cypriots-saving-less-as-loan-numbers-fluctuate

In January 2024, the total deposits in Cyprus reached €51.9 billion, experiencing a net decrease of €366.0 million compared to the previous month....

90. Cyprus' economic mood sours in February

https://knews.kathimerini.com.cy/en/news/cyprus-economic-mood-sours-in-february

In February 2024, economic sentiment in Cyprus witnessed a decline, with the Economic Sentiment Indicator (ESI-CypERC) dropping by 2.1 points compared to January, according to the University of Cyprus Economics Research Center....

X