https://knews.kathimerini.com.cy/en/business/self-employed-more-at-risk-of-poverty-in-cyprus-and-eu-in-2021
In 2021, almost a quarter (23.6%) of all self-employed people aged 18 years and over in the EU were at risk of poverty and social exclusion....
https://knews.kathimerini.com.cy/en/news/israel-puts-two-states-back-on-the-table
Israeli Prime Minister Yair Lapid called on Thursday for a two-state solution to decades of Israeli-Palestinian conflict and reasserted that Israel would do 'whatever it takes' to stop Iran from developing a nuclear bomb...
https://knews.kathimerini.com.cy/en/news/ask-wire-index-apartments-lead-the-way-in-sale-and-rent-price-hikes-in-q2
Ask WiRE, a company combining real estate know-how with technology has published its Q2 2022 edition of the Ask WiRE Index for property sale and rental values. The Ask WiRE Index covers all districts and main property types, with values from Q4 2009....
https://knews.kathimerini.com.cy/en/business/the-price-increase-of-halloumi-is-justified-minister-of-agriculture-says
The slight increase recorded in the price of the halloumi cheese is justified, Minister of Agriculture Costas Kadis said on Thursday....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-to-present-findings-of-2nd-ey-attractiveness-survey-at-cyprus-attractiveness-forum-investment-realized-on-25-october
EY Cyprus is proud to present the findings of the second edition of the EY Attractiveness Survey Cyprus 2022, during its flagship event, Cyprus Attractiveness Forum: Investment Realized 2022 on 25 October 2022 at Parklane Hotel, Limassol....
https://knews.kathimerini.com.cy/en/news/erdogan-convenes-meeting-to-discuss-sanctions-on-russia-in-possible-turnaround
Turkish President Tayyip Erdogan will convene a top-tier economy-focused meeting on Friday at which Russian payment system Mir and possible Western sanctions will be discussed, two sources with information on the matter told Reuters....
https://knews.kathimerini.com.cy/en/business/nouris-more-foreign-companies-setting-up-shop-in-cyprus
The adoption of the New Strategy for Attracting Business and Talent has led to an impressive increase in interest from foreign companies to establish their presence in Cyprus, ...
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-a-cat-has-nine-lives-so-does-the-cyprus-property-market
Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....
https://knews.kathimerini.com.cy/en/news/two-turkish-banks-suspend-russian-mir-payments-after-u-s-sanctions
Turkish lenders Isbank and Denizbank have suspended the use of the Russian payment system Mir, the banks said on Monday, following a U.S. crackdown on those accused of helping Moscow skirt sanctions over the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/the-economy-and-turkey-s-east-med-push-dominated-candidate-s-talking-points-this-week
The development of the economy, the basic positions of the Committee of Occupied Municipalities on the Cyprus problem and Turkey's activities in the Eastern Mediterranean are the main talking points of the presidential candidates this week....
https://knews.kathimerini.com.cy/en/business/ayia-napa-marina-welcomes-the-super-cruise-ship-rhapsody-of-the-seas
Ayia Napa Marina has proudly welcomed its first SUPER CRUISE SHIP ''Rhapsody of the Seas'', following the first cruise ship to anchor at the marina on 29 May. ...
https://knews.kathimerini.com.cy/en/business/profits-of-€55-4-million-in-first-half-of-2022-for-hellenic-bank
Hellenic Bank reported a profit of EUR 55.4 million for the first half of 2022, compared to a profit of EUR 21 million in the corresponding half of 2021....
https://knews.kathimerini.com.cy/en/news/ft-the-bank-of-cyprus-lone-star-deal-is-not-just-about-price
Cyprus has attracted a different sort of visitor recently. US buyout group Lone Star has taken an interest in Bank of Cyprus, the island nation’s largest lender....
https://knews.kathimerini.com.cy/en/business/construction-materials-recorded-an-annual-increase-of-16-69-in-august
The Construction Materials Price Index increased by 16.69% in August 2022 compared to August 2021....
https://knews.kathimerini.com.cy/en/news/tourist-arrivals-up-by-40-most-on-holiday
Tourist arrivals increased by 40.2% in August 2022, rising to 451,133 compared to 321,858 in August 2021....
https://knews.kathimerini.com.cy/en/news/only-pdo-halloumi-available-in-the-market-from-today
As of today, inspectors from the Ministry of Agriculture have started inspections in supermarkets and store refrigerators to remove non-PDO branded halloumi products....
https://knews.kathimerini.com.cy/en/news/employing-turkish-cypriots-in-roc-can-play-a-key-role-in-reunification
In a letter to Nicosia, the European Commission is calling for the upgrading of skills and the promotion of Turkish Cypriots in specific sectors of employment in the Republic of Cyprus, hoping that such a development will create a win-win situation....
https://knews.kathimerini.com.cy/en/news/inflation-still-high-but-slowed-to-9-6-in-august
Harmonized inflation rose at a slower pace than in the previous month in August 2022, recording an increase of 9.6%, compared with August last year....
https://knews.kathimerini.com.cy/en/business/greece-is-enticing-northern-retirees-with-its-easier-winters
Northern pensioners who want to afford this winter more easily with a significantly lower financial burden can now travel to Greece, according to the Greek Minister of Tourism, Vasilis Kikilias....
https://knews.kathimerini.com.cy/en/news/western-retaliation-against-ankara
Western governments are expressing concern about the tightening of relations between Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin, a development that makes the prospect of retaliation more likely if the NATO member state helps Moscow avoid sanctions....
https://knews.kathimerini.com.cy/en/news/woman-forcibly-takes-savings-from-beirut-bank-using-toy-gun
A woman accompanied by activists and brandishing what she said was a toy pistol broke into a Beirut bank branch on Wednesday, taking $13,000 from her trapped savings....
https://knews.kathimerini.com.cy/en/news/cyprus-tomorrow-plan-the-legacy-of-the-anastasiades-government
Cyprus President Nicos Anastasiades said he has a “clear conscience” as he delivered on his commitments concerning the creation of a “welfare state with no exclusions,”...
https://knews.kathimerini.com.cy/en/news/anna-luhrmann-speaks-to-k-with-a-view-to-strengthening-cypriot-german-relations
German State Secretary for Foreign Affairs Foreign Affairs, Anna Luhrmann, arrived in Cyprus on an official visit and spoke to "K" about the current developments in the eastern Mediterranean and the war in Ukraine. ...
https://knews.kathimerini.com.cy/en/business/150-increase-in-foreign-direct-investment-600-increase-in-the-technology-sector
Cyprus is ranked 18 among other countries in attracting foreign direct investment, as reported in the seventh edition of the Greenfield FDI Performance Index of the FDI Intelligence for 2021, going up by 50 places compared to 2020....
https://knews.kathimerini.com.cy/en/news/rejected-estia-applications-to-be-re-examined-upon-appeal
The number of applications approved for participation in the Restructuring Scheme “Estia” has increased, reaching 1,049. At the same time, appeals for 881 applications that were denied will be re-examined compared to only 543 last March....
https://knews.kathimerini.com.cy/en/business/ecb-hikes-up-interest-rates-75-basis-points-to-1-25
The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday and signalled further hikes, prioritising the fight against inflation even as the bloc's economy is heading for a likely winter recession....
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....
https://knews.kathimerini.com.cy/en/news/cypriot-airlines-dismiss-rumors-of-post-pandemic-ripple-effect
Airlines operating out of the Republic of Cyprus reportedly have denied rumors that they could be going under, following trouble with Romanian Blue Air and a Bloomberg report warning about the island’s two carriers...
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....
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....
