https://knews.kathimerini.com.cy/en/business/eu-to-impose-up-to-25-tax-on-imported-chinese-evs
The European Commission is set to notify car makers on Wednesday that it will provisionally apply additional duties of up to 25% on imported Chinese electric vehicles (EVs) starting next month, according to the Financial Times, citing sources familiar with the matter....
https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-shrinks-by-€708-million
The trade deficit in Cyprus decreased by €708 million in January-April 2024 compared to the same period in 2023, driven by a significant 18.4% drop in imports, according to the Statistical Office....
https://knews.kathimerini.com.cy/en/news/vasiliko-president-dismisses-velvet-divorce-talks-with-chinese-firm
Cyprus President Nikos Christodoulides dismissed reports of a "velvet divorce" with the Chinese state-owned company CPP regarding the liquefied natural gas (LNG) terminal in Vasiliko....
https://knews.kathimerini.com.cy/en/news/farmers-seize-control-policemen-caught-off-guard-in-occupied-territories
A demonstration outside the prime minister's residence in the occupied territories erupted into chaos on Monday as farmers, supported by various trade unions, NGOs, and political groups, voiced their grievances....
https://knews.kathimerini.com.cy/en/news/dr-hepburn-cyprus-has-the-dirtiest-and-most-expensive-grid-in-the-eu
During his presentation at the Green Agenda Cyprus Summit held today at the Hilton Nicosia, Professor of Environmental Economics at the University of Cyprus, Cameron Hepburn, discussed Cyprus' energy transition and its decoupling from fossil fuels to achieve zero emissions and protect the environment. ...
https://knews.kathimerini.com.cy/en/news/critical-shortages-of-ozempic-spark-health-concerns-in-cyprus
The availability of injectable diabetes medicine, such as Ozempic, has reached critical levels in Cyprus, sparking concerns among health authorities and patient advocates....
https://knews.kathimerini.com.cy/en/news/turkey-halts-trade-with-israel-prompting-israeli-criticism
Turkey is ''freezing'' all exports and imports to and from Israel starting today, according to two Turkish officials with knowledge of the matter, cited by Bloomberg....
https://knews.kathimerini.com.cy/en/news/vet-services-under-fire-for-neglecting-uncontrolled-dog-imports
A scathing report by the Commissioner for Administration and Protection of Human Rights, Maria Stylianou-Lottidis, sheds light on the failure of Cyprus's Veterinary Services to tackle the issue of uncontrolled importation of dogs. ...
https://knews.kathimerini.com.cy/en/news/cyprus-ends-2023-with-€918-7-million-fiscal-surplus
Cyprus's financial report card for 2023 is in, and it's showing some positive signs. According to the Statistical Service of Cyprus, the country ended the year with a fiscal surplus of €918.7 million. That's like having extra money left over after paying all the bills....
https://knews.kathimerini.com.cy/en/news/eu-parliament-votes-for-clearer-labels-on-breakfast-foods
In a move aimed at empowering consumers and promoting healthier choices, the European Parliament has greenlit updated regulations governing breakfast staples such as honey, fruit juice, jam, and marmalades....
https://knews.kathimerini.com.cy/en/news/botswana-threatens-to-send-20-000-elephants-to-germany
Botswana's President, Mokgweetsi Masisi, has sparked controversy by threatening to send 20,000 elephants to Germany amidst a disagreement over the import of hunting trophies....
https://knews.kathimerini.com.cy/en/news/tractors-block-streets-with-beets-and-manure-in-eu-protest
Farmers threw beets, sprayed manure at police and set hay alight on Tuesday as hundreds of tractors again sealed off streets close to the European Union headquarters, where agriculture ministers sought to ease a crisis that has led to months of protests across the 27-member bloc....
https://knews.kathimerini.com.cy/en/news/putin-s-blackmail-fails-to-halt-green-transition
Ursula von der Leyen, the president of the European Commission, stated on Tuesday that Vladimir Putin's attempts at "blackmail" have backfired, hastening the EU's shift toward green energy. ...
https://knews.kathimerini.com.cy/en/news/over-1-000-tons-of-discarded-tires-pile-up-across-cyprus
Today, more than 1,000 tons of tires lie scattered in open spaces throughout Cyprus, posing a significant problem for the environment and public health....
https://knews.kathimerini.com.cy/en/news/cyprus-trade-deficit-soars-to-€8-57-billion-in-2023
Cyprus' trade deficit for 2023 reached €8.57 billion, marking an 18% increase from the previous year's €7.26 billion, according to provisional data released by the Statistical Service of Cyprus (CyStat)....
https://knews.kathimerini.com.cy/en/news/cypriot-farmers-protests-send-ripples-across-europe
The surge of farmers' fury has reverberated in a manner unprecedented for Brussels, the nerve center of European decision-making....
https://knews.kathimerini.com.cy/en/news/farmers-protest-outside-european-parliament-over-taxes-and-imports
In a fervent display of frustration, angry farmers ignited fires outside the European Parliament building in Brussels today, venting their grievances against taxes, escalating costs, and the influx of cheap imports....
https://knews.kathimerini.com.cy/en/news/vultures-feeding-frenzy-at-limassol-restaurant-sparks-poisoning-concerns
In a peculiar dining affair at the Limnatis restaurant in Limassol, vultures and kites are emerging as avid patrons of ''fine dining,'' as per a statement from the Birdlife Cyprus, which posted a video from the scene....
https://knews.kathimerini.com.cy/en/news/china-threatens-to-sever-business-ties-with-iran-over-ship-attacks
Recent diplomatic talks between Chinese and Iranian officials have brought to light China's pressing concern over Houthi attacks on ships in the Red Sea, allegedly backed by Iran....
https://knews.kathimerini.com.cy/en/news/transport-minister-clarifies-airbag-recalls-and-responsible-parties
Minister of Transport, Mr. Alexis Vafeadis, delves into the complexities surrounding general vehicle recalls, shedding light on the responsibilities tied to European vehicles, imports from third countries, and the role of manufacturers' distributors....
https://knews.kathimerini.com.cy/en/news/cyprus-backs-un-resolution-condemning-houthi-attacks-on-red-sea-shipping
The Cypriot registry seems to remain unaffected for the time being by the latest developments in the Red Sea......
https://knews.kathimerini.com.cy/en/news/how-the-consumer-pocket-faces-a-perfect-economic-storm
The uncertainty and the intense upheavals in the global supply chain continue....
https://knews.kathimerini.com.cy/en/news/1-cyprus-dominates-eu-exports-in-november
Cyprus recorded the highest annual increase in exports among the member states of the EU in November 2023 compared to November 2022......
https://knews.kathimerini.com.cy/en/news/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview
Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....
https://knews.kathimerini.com.cy/en/news/houthi-strikes-send-prices-soaring-in-global-trade
In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-widening-trade-gap-as-imports-surge-in-2023
Cyprus bought more goods from other countries than it sold to them by nearly €8 billion from January to November 2023. That's up by about €962 million compared to the same time frame in 2022, according to new data from Cyprus' statistics office....
https://knews.kathimerini.com.cy/en/news/eu-unveils-sweeping-reforms-to-enhance-animal-welfare-standards
In a groundbreaking move, the European Commission has proposed extensive reforms to EU rules on animal welfare during transport, marking the most significant overhaul in recent years....
https://knews.kathimerini.com.cy/en/news/fiscal-council-cautions-on-2024-economic-risks-despite-optimism
Recently, the Cyprus Fiscal Council took a close look at how our economy is doing. They gave us some important info based on their study....
https://knews.kathimerini.com.cy/en/business/cyprus-gets-bbb-boost-in-latest-ratings-but-challenges-persist
The German Scope Ratings have given a positive sign for Cyprus by upgrading the country to BBB+ last Friday from the previous BBB while keeping the outlook of the economy stable. ...
https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-swells-as-imports-surge-in-2023
Cyprus faces a growing trade deficit, reaching €6,490.8 million in January-September 2023, a €685.1 million increase from the same period in 2022, reports the Statistical Service of Cyprus. Total imports surged by 12.7% to €9,756.5 million, with exports rising by 14.6% to €3,265.7 million during the same period....
