https://knews.kathimerini.com.cy/en/news/eurostat-cyprus-had-the-highest-stock-of-npl-s-in-2021
In 2021, Cyprus remained the country with the highest stock of non-performing loans (assets) of the general government, at 20.2% of GDP, according to data released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/turkey-issues-travel-warnings-for-europe-and-the-united-states
On Saturday night, Turkey's foreign ministry issued two consecutive travel advisories for both European countries and the United States, expressing concern about the possibility of racist attacks....
https://knews.kathimerini.com.cy/en/comment/opinion/us-government-moving-ahead-with-intention-to-sell-f-16-s-to-turkey
The Biden administration is moving ahead with its intention to supply Turkey with 40 new F-16 fighter jets and upgrade 80 of the country’s older ones....
https://knews.kathimerini.com.cy/en/news/erdogan-accused-of-inciting-conflict-to-stay-in-power
The authoritarianism of Turkish President Recep Tayyip Erdogan, as well as his stance with regard to Sweden and Finland’s NATO application, is drawing the ire of an increasing number of international media....
https://knews.kathimerini.com.cy/en/news/germany-to-send-leopard-tanks-to-ukraine
Germany cleared the way on Wednesday for Europe to send scores of battle tanks to Ukraine, and Washington was poised to make a similar announcement - moves hailed by Kyiv as a potential turning point in the war and condemned by Moscow as escalation.
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https://knews.kathimerini.com.cy/en/news/presidential-candidate-wants-cyprus-in-nato
Cypriot presidential candidate Averof Neophytou says NATO membership would be a 'natural development' for the Republic of Cyprus, a divided island that continues to raise tensions between the western alliance’s members Greece and Turkey...
https://knews.kathimerini.com.cy/en/news/cavusoglu-to-travel-to-us-amid-troubled-ties
Turkey and the United States will aim to smooth out a series of disagreements between the NATO allies when the Turkish foreign minister visits Washington this week. But expectations that outstanding issues can be resolved are low....
https://knews.kathimerini.com.cy/en/news/cyprus-features-prominently-in-us-congress-turkey-report
The possible sale of F-16s to Turkey and tensions between Turkey and Cyprus and Greece are included in a US Congressional Research Service report on Turkey released on January 9, which outlines Biden administration support of the sale and opposition by 'some members of Congress'...
https://knews.kathimerini.com.cy/en/business/exports-of-halloumi-at 1-34-billion-over-the-last-5-years
Halloumi exports have increased in recent years and are expected to peak in 2022. Data for the first nine months of 2022, i.e. up to September, show exports worth €227 million and an export volume of 32,000 tonnes. ...
https://knews.kathimerini.com.cy/en/news/economic-events-that-will-be-remembered-in-2022
The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....
https://knews.kathimerini.com.cy/en/business/ey-future-consumer-index-consumers-opt-for-caution-this-holiday-season
EY Future Consumer Index: consumers opt for caution this holiday season to cope with rising cost-of-living and environmental concerns, new data finds ...
https://knews.kathimerini.com.cy/en/news/life-satisfaction-in-eu-down-in-2021-compared-to-2018
The European Office for Statistics, Eurostat, has revealed that citizens of the EU were slightly less satisfied with their lives in 2021 compared to 2018....
https://knews.kathimerini.com.cy/en/news/finland-more-kids-with-foreign-ancestry-were-born-in-2021
Finnish residents with foreign backgrounds have a higher birth rate compared to the native-born, including both men and women, the statistics show....
https://knews.kathimerini.com.cy/en/news/unaccompanied-minors-are-on-the-rise
Managing the exponentially increasing number of unaccompanied minors or unaccompanied alien children (UAC) is a problem that must be solved by the government in collaboration with NGOs and other relevant actors....
https://knews.kathimerini.com.cy/en/news/cyprus-scolded-for-failing-to-transpose-eu-laws
The European Commission has sent letters of formal notice to Cyprus for having failed to notify national measures transposing two directives regarding road safety...
https://knews.kathimerini.com.cy/en/news/rift-over-gas-cap-looms-over-eu-energy-crisis-plans
EU energy ministers meet in Brussels on Thursday to approve the latest set of emergency measures to mitigate an energy crisis, but the plans risk being eclipsed by disagreements over whether and how to cap gas prices...
https://knews.kathimerini.com.cy/en/business/cypriot-registered-ships-decrease-by-21-due-to-sanctions
A large number of tankers that previously sailed under European Union flags, such as Cyprus and Malta’s, are leaving those registers as a result of the sanctions on Russian oil transportation....
https://knews.kathimerini.com.cy/en/news/cyprus-beats-eu-average-in-road-deaths
The highest incidence of road fatalities in the European Union in 2020 were recorded in rural regions, while Cyprus was one of the countries where road fatalities per million inhabitants was above the EU average, according to data released by Eurostat, the statistical service of the EU...
https://knews.kathimerini.com.cy/en/business/more-people-are-working-from-home-thanks-to-the-pandemic
The proportion of those employed that work from home in the European Union has increased after the COVID-19 pandemic, according to data released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/cyprus-to-charge-€80-to-russians-applying-for-tourist-visas-beginning-december-1
Cypriot authorities have announced that the country will no longer apply facilitated rules for citizens of Russia applying for tourist visas....
https://knews.kathimerini.com.cy/en/news/eurostat-electricity-prices-up-by-32-in-cyprus
In the first half of 2022, average household electricity prices in the European Union increased sharply compared with the same period in 2021, from 22.0 euros per 100 kWh to 25.3 euros per 100 kWh, according to data released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/cyprus-annual-inflation-rate-at-9-0-lower-than-eu-s-9-9
The euro area's annual inflation rate was 9.9% in September 2022, up from 9.1% in August and up from 3.4% a year earlier, according to figures published by Eurostat, the statistical office of the European Union....
https://knews.kathimerini.com.cy/en/business/ryanair-says-low-cost-travel-now-in-the-past
The previously known ultra-low-cost flag carrier, Ryanair, has announced it will increase ticket prices to Austria moderately, mainly due to inflation....
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/major-banks-across-europe-turning-off-hot-water-and-preparing-diesel-generators
Major banks across Europe are implementing measures in the workplace to cut down on energy consumption as Russia tightens its gas supply to the continent....
https://knews.kathimerini.com.cy/en/news/study-children-born-from-frozen-embryos-are-more-likely-to-develop-cancer-later-in-life
Children that are born from embryos placed in frozen storage are at an increased risk of developing cancer, an alarming new study finds....
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....
https://knews.kathimerini.com.cy/en/news/russia-has-amassed-huge-profits-from-fuel-despite-sanctions
Russia has amassed €158 billion in revenues from fossil fuel exports in the six months of its war against Ukraine, benefiting from high prices, according to a study by an independent think tank published today, which calls for more effective sanctions....
https://knews.kathimerini.com.cy/en/news/at-around-27-years-old-is-when-young-cypriots-flee-the-nest
Young people in Cyprus moved out of their parent's house on average at the age of 27.2 years in 2021, a little below the European Union average which was at 26.5 years, according to data released by Eurostat, the statistics service of the EU....
https://knews.kathimerini.com.cy/en/news/discussions-on-tougher-travel-rules-for-russians-to-begin-immediately
Discussions among the relevant EU institutions to examine how the EU-Russia Visa Facilitation Agreement, which was fully suspended on Wednesday during the informal meeting of EU Foreign Ministers (Gymnich) in Prague, will begin as soon as possible, according to a Foreign Ministry press release issued on Thursday....