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12° Nicosia,
11 January, 2025
 

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Displaying results 1681-1710 of 2642 matches for query Economy.

1681. First ship carrying Ukrainian grain leaves Odesa port

https://knews.kathimerini.com.cy/en/news/first-ship-carrying-ukrainian-grain-leaves-odesa-port

A ship carrying grain left the Ukrainian port of Odesa for Lebanon on Monday under a safe passage agreement, Ukrainian and Turkish officials said, the first departure since the Russian invasion blocked shipping through the Black Sea five months ago....

1682. 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...

1683. Dutch are reducing waste by fixing broken objects with online local barter network

https://knews.kathimerini.com.cy/en/news/dutch-are-reducing-waste-by-fixing-broken-objects-with-online-local-barter-network

Finding someone who can fix a broken piece of furniture, mend clothing, or repair a family treasure has become easier thanks to a new online platform....

1684. The US has plunged into recession

https://knews.kathimerini.com.cy/en/business/the-us-has-plunged-into-recession

The US has plunged into recession as soaring inflation hammers the world’s largest economy....

1685. 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), ...

1686. ‘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....

1687. Oil and gasoline sales decreased in June

https://knews.kathimerini.com.cy/en/news/oil-and-gasoline-sales-decreased-in-june

A total decrease of 6.8% was recorded in the sale of petroleum products in June, falling to 55,061 tons. Total sales of gasoline for June were down 5.9 percent, while diesel sales were down 10.4 percent, according to statistics released by the National Bureau of Statistics on Wednesday....

1688. 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....

1689. Tighter controls and penalties for cross-border transactions in Cyprus

https://knews.kathimerini.com.cy/en/business/tighter-controls-and-penalties-for-cross-border-transactions-in-cyprus

The Cyprus Securities and Exchange Commission (CySEC) is introducing additional controls for cross-border services and announced that investor protection will be strengthened under new rules regarding how complaints are handled....

1690. Germany dims lights as it leads Europe in saving energy

https://knews.kathimerini.com.cy/en/news/germany-dims-lights-as-it-leads-europe-in-saving-energy

Summer nights in the wealthy Bavarian city of Augsburg this year are eerily dark and quiet: The facades of historic buildings are not illuminated, street lights are dimmed and most of the fountains are not operating....

1691. ECB raises interest rates .5%, with further rate hikes on the horizon

https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-5-with-further-rate-hikes-on-the-horizon

The European Central Bank (ECB) increased interest rates by more than expected on Thursday, raising its benchmark deposit rate by 50 basis points to zero percent, impacting the Cyprus banking system and local borrowers....

1692. 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....

1693. 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....

1694. Discussions on minimum wage in the final stretch

https://knews.kathimerini.com.cy/en/news/discussions-on-minimum-wage-in-the-final-stretch

We are entering the final stretch for the introduction of the minimum wage in Cyprus and serious developments are expected next Friday, July 22, 2022....

1695. 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....

1696. Medicover awarded at the 10th Invest Cyprus International Investment Awards

https://knews.kathimerini.com.cy/en/business/medicover-awarded-at-the-10th-invest-cyprus-international-investment-awards

Medicover was honoured at the prestigious 10th Invest Cyprus International Investment Awards, which recognize foreign companies, individuals, and investors for their contribution to the country’s economy....

1697. Foreclosures suspended until the end of October 2022

https://knews.kathimerini.com.cy/en/business/foreclosures-suspended-until-the-end-of-october-2022

The Cyprus Parliament on Thursday passed a bill suspending foreclosures until the end of October,...

1698. Warnings continue as heat dome lingers over mountains

https://knews.kathimerini.com.cy/en/news/warnings-continue-as-heat-dome-lingers-over-mountains

Another yellow warning has been issued for Cyprus as temperature highs in the mountains were expected to reach 32 degrees Celsius, with hot nights still on the menu for most areas...

1699. Slashed tires slow down finance minister

https://knews.kathimerini.com.cy/en/news/slashed-tires-slow-down-finance-minister

The tires of a vehicle belonging to the Cypriot finance minister were slashed over weekend, with police saying they were investigating the incident...

1700. ECOMMBX receives the prestigious Ιnvest Cyprus International Investment Award

https://knews.kathimerini.com.cy/en/business/ecommbx-receives-the-prestigious-invest-cyprus-international-investment-award

On 1 July 2022, at the 10th Ιnvest Cyprus International Investment Awards ceremony at the Parklane Spa & Resort in Limassol, under the auspices of the President of the Republic, Nicos Anastasiades. ...

1701. Sri Lankan president flees country amid devastating economic crisis

https://knews.kathimerini.com.cy/en/news/sri-lankan-president-flees-country-amid-devastating-economic-crisis

Sri Lankan President Gotabaya Rajapaksa fled the country on Wednesday and hundreds of protesters stormed the prime minister's office demanding his ouster, as a people's uprising over a devastating economic crisis overwhelmed security forces....

1702. EAC: Electricity rates to be increased by 24%

https://knews.kathimerini.com.cy/en/news/eac-electricity-rates-to-be-increased-by-24

The Cyprus Electricity Authority's pricing plans are expected to be approved by the Cyprus Energy Regulatory Authority in the coming days, EAC spokesperson Christina Papadopoulou told CNA on Tuesday....

1703. Cyprus property market growing in number and value

https://knews.kathimerini.com.cy/en/news/cyprus-property-market-growing-in-number-and-value

The Cyprus property market is growing while getting pricier, as the number of properties rises by 1.5%, while their overall value increased by 2.2% based on January 2021 prices compared to 2018 data....

1704. 'Nightmare' scenario for Europe as Russia shuts off gas pipeline

https://knews.kathimerini.com.cy/en/business/nightmare-scenario-for-europe-as-russia-shuts-off-gas-pipeline

The main natural gas pipeline between Russia and Germany shut down for scheduled maintenance Monday, raising concerns that Moscow could use the repairs as a pretext for a longer shutdown as it wields energy supplies as leverage in the Ukraine war....

1705. Trade deficit increased to €2,967.6 million for the period January – May 2022

https://knews.kathimerini.com.cy/en/news/trade-deficit-increased-to-€2-967-6-million-for-the-period-january-–-may-2022

The trade deficit was €2,967.6 mn in January – May 2022 compared to €2,265.8 mn in the corresponding period of 2021, according to provisional data, published by the Statistical Service on Monday....

1706. Greece: Covid infected tourists no longer required to quarantine

https://knews.kathimerini.com.cy/en/news/greece-covid-infected-tourists-no-longer-required-to-quarantine

A new government decision issued by the Greek authorities earlier this week has established that tourists who get infected with the COVID-19 disease while being in Greece will not be required to go into quarantine. ...

1707. Christodoulides the undisputed favorite in the race for the presidency

https://knews.kathimerini.com.cy/en/news/christodoulides-the-undisputed-favorite-in-the-race-for-the-presidency

Nikos Christodoulidis remains the undisputed favorite in the presidential election race, according to a Symmetron poll for "Kathimerini"....

1708. Deadline to set Cyprus minimum wage moved up to the 21st or 22nd of July

https://knews.kathimerini.com.cy/en/news/deadline-to-set-cyprus-minimum-wage-moved-up-to-the-21st-or-22nd-of-july

On July 21, or at the latest on July 22, 2022, an agreement will be reached to determine the minimum wage in Cyprus....

1709. Inflation edges closer to double digits in June

https://knews.kathimerini.com.cy/en/news/inflation-edges-closer-to-double-digits-in-june

Inflation in Cyprus in June edged closer to double-digits driven by the soaring prices in electricity and energy on the backdrop of the war in Ukraine....

1710. Cattle class no more thanks to Air New Zealand's 'Skynest'

https://knews.kathimerini.com.cy/en/business/cattle-class-no-more-thanks-to-air-new-zealand-s-skynest

Air New Zealand will introduce sleep pods in the economy class cabins of its ultra-long-haul Boeing 787-9 Dreamliners from 2024. ...

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