https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-what-is-turkey-up-to
This summer, for the first time in many years, the omens concerning Greek-Turkish relations are particularly gloomy. There are many objective reasons why Turkey causing a heated incident is not the most likely scenario;...
https://knews.kathimerini.com.cy/en/life/here-s-why-volkswagen-beetles-now-cost-$600-000
German outfit Milivié Design is offering restored and modernized versions of the original VW Bug for $600,000, but there's a reason for the hefty price tag....
https://knews.kathimerini.com.cy/en/business/construction-materials-up-by-21-81-in-may-2022
The Price Index of Construction Materials went up by 21.81% in May 2022 compared to the corresponding month of 2021, and continued the upward trend that follows since January 2021....
https://knews.kathimerini.com.cy/en/business/rcb-finalizes-sale-of-its-loan-portfolio-to-hellenic
RCB Bank Ltd announced that the sale of Tranche B of its performing loan portfolio to Hellenic Bank Public Company Ltd has been successfully completed....
https://knews.kathimerini.com.cy/en/news/guterres-more-direct-contact-between-the-two-communities-is-needed
UN Secretary-General Antonio Guterres has urged the leaders in Cyprus, President Nicos Anastasiades and Turkish Cypriot leader Ersin Tatar to encourage more direct contact and cooperation between the two communities, expressing his concern about the likelihood that the already difficult climate between the parties could worsen....
https://knews.kathimerini.com.cy/en/business/consulco-brought-together-london-and-limassol
An excellent dialogue took place during the hybrid conference ''Resilient Cities: London and Limassol'' organized by Consulco, on Thursday 16 June 2022 between London and Limassol, where speakers from Cyprus and Britain exchanged views on the two cities and their development. ...
https://knews.kathimerini.com.cy/en/news/ukraine-takes-first-steps-to-eu-membership
The European Commission has backed Ukraine and Moldova to become candidates for EU membership....
https://knews.kathimerini.com.cy/en/news/wooing-migrant-millionaires
Greece is becoming a top destination for wealthy migrants, as it is expected to welcome 1,200 “millionaire immigrants” this year....
https://knews.kathimerini.com.cy/en/news/central-banks-across-europe-jack-up-interest-rates-to-fight-inflation
Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings and squeezing corporate profits....
https://knews.kathimerini.com.cy/en/news/us-fed-raises-interest-rates-by-75-largest-hike-in-30-years
The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-dilemmas-of-war-and-pandemic
Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely.
...
https://knews.kathimerini.com.cy/en/news/no-drama-diplomat-announces-candidacy
Greek Cypriot chief negotiator Andreas Mavroyiannis announced his candidacy for president in next year’s election in the Republic of Cyprus, saying corruption will remain rampant unless the country is reunited once again into a 'proper state'...
https://knews.kathimerini.com.cy/en/business/ey-announces-4-new-partners-in-cyprus-and-welcomes-new-head-of-consulting
EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....
https://knews.kathimerini.com.cy/en/news/cyprus-objects-to-airport-designation-in-turkish-occupied-north
Cyprus will lodge a complaint with the United Nations over Turkey’s new financial assistance deal with breakaway Turkish Cypriots that demonstrates Ankara’s “complete control” over them, the president of the ethnically divided island nation said Monday....
https://knews.kathimerini.com.cy/en/business/an-increasing-number-of-bounced-checks-were-recorded-by-the-cbc
The number and amount of bounced cheques recorded in the Central Bank of Cyprus' (CBC) preliminary Central Information Register (CIR), showed an upward trend in the first five months of 2022, according to data released Tuesday....
https://knews.kathimerini.com.cy/en/news/boris-johnson-to-face-no-confidence-vote-tonight
British Prime Minister Boris Johnson will face a no-confidence vote Monday that could oust him from power, as discontent with his rule finally threatens to topple a politician who has often seemed invincible despite many scandals....
https://knews.kathimerini.com.cy/en/news/fotiou-turkey-s-dmand-for-a-two-state-solution-impossible
"Achieving a solution that will permanently rid Cyprus of Turkish occupation and reunite Cyprus is what we should all work for," said Presidential Commissioner Fotis Fotiou,...
https://knews.kathimerini.com.cy/en/business/cyprus-looks-to-become-global-crypto-hub-with-new-bill
Cyprus is vetting a cryptocurrency “umbrella” bill in a bid to establish the Mediterranean nation as a premier destination for digital asset innovators and companies....
https://knews.kathimerini.com.cy/en/news/number-of-registered-unemployed-persons-drops-by-over-66-in-may
The number of unemployed persons, registered at the District Labour Offices registered a steep drop in May declining to 10,586 persons, marking an annual reduction of 66.2%....
https://knews.kathimerini.com.cy/en/news/nicos-anastasiades-to-convene-national-council-meeting-on-june-9th
President Nicos Anastasiades has decided to convene a National Council meeting on Thursday, June 9th to discuss the latest developments in the Cyprus issue and the increasing inflationary pressures on the economy, Government Spokesperson Marios Pelekanos said on Friday in a written statement....
https://knews.kathimerini.com.cy/en/business/cbc-new-loans-drop-by-almost-50-in-april
Cypriot banks granted 50% fewer loans this month in comparison to last month due to a sizeable reduction in new housing loans....
https://knews.kathimerini.com.cy/en/business/cost-of-living-crisis-pushing-people-to-become-airbnb-hosts
A recent study by Airbnb conducted with more than 70,000 EU hosts and guests reveals for the first time that the cost-of-living crisis is pushing people to become hosts on Airbnb....
https://knews.kathimerini.com.cy/en/news/cyprus-unemployment-rate-down-from-8-4-to-5-4-compared-to-last-year
The seasonally-adjusted unemployment rate in Cyprus reached 5.4% in April 2022, decreasing from 5.8% last month and from 8.4% in April 2021, according to figures published by Eurostat, the statistical office of the European Union....
https://knews.kathimerini.com.cy/en/business/fee-free-cash-withdrawals-at-supermarkets-and-bakeries
Following an international trend, consumers in Cyprus will now be able to withdraw cash without a fee at participating supermarkets, bakeries, butchers and gas stations. The maximum withdrawal limit is set at 100 euros....
https://knews.kathimerini.com.cy/en/business/industrial-prices-soar-by-19-5-in-cyprus
Cyprus’ Index of Industrial Output Prices for April 2022 reached 123.8 units (base 2015=100), recording an increase of 19.5% compared to the same month last year, according to data published by the island’s Statistical Service (CyStat) on Monday....
https://knews.kathimerini.com.cy/en/news/efforts-continue-for-the-release-of-the-cypriot-captain-on-one-of-the-seized-ships
Cyprus' Ministry of Foreign Affairs is continuing its diplomatic efforts for the release of a Cypriot captain, a member of the crew of one of two Greek oil tankers recently seized by Iran's Revolutionary Guards in the Gulf.
...
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-talk-of-doing-good-rings-hollow-among-global-elite-in-davos
If the rich don’t give a bit more today, they may have to give a lot more tomorrow. That was my conclusion from last week’s World Economic Forum in Davos....
https://knews.kathimerini.com.cy/en/news/government-to-grant-one-time-subsidy-for-children-s-tuition
During last week's cabinet meeting, the council of Ministers decided to impose measures to help mitigate inflationary pressures on the general population. ...
https://knews.kathimerini.com.cy/en/news/europe-agrees-to-ban-90-of-russian-oil
European Union leaders agreed Monday to embargo most Russian oil imports into the bloc by year-end as part of new sanctions on Moscow worked out at a summit focused on helping Ukraine with a long-delayed package of new financial support....
https://knews.kathimerini.com.cy/en/news/european-unity-tested-as-talks-on-russian-oil-embargo-drag-on
Europe's united front against Moscow is being put to the test as countries struggle to agree on a ban on Russian oil imports....
