https://knews.kathimerini.com.cy/en/business/2023-will-be-the-year-banks-dole-out-dividends
Apart from entering 2023 with inflationary tendencies and following a year with a geopolitical crisis due to the Ukrainian one, it is expected to be the year when the term "dividend distribution,"...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-71-million-in-profits-in-2022
Bank of Cyprus' profit for 2022 was 71 million euros, up from 30 million euros in 2021....
https://knews.kathimerini.com.cy/en/news/pwc- 5-2-billion-in-real-estate-transactions in-2022
Transaction volumes in the real estate and land development sector have surpassed those of 2019. According to the most recent PwC Cyprus publication, the total value of transactions in 2022 will reach €5.2 billion,...
https://knews.kathimerini.com.cy/en/news/ngo-calls-on-cyprus-authorities-to-implement-ban-on-lead-pellets
Lead shot ammunition in wetlands is illegal in all 27 EU countries including Cyprus, as well as Iceland, Norway, and Lichtenstein, BirdLife Cyprus announced and called on local authorities once more to ensure that non-lead pellets are being used in hunting areas that are found close to or within wetlands....
https://knews.kathimerini.com.cy/en/business/companies-laying-off-employees-to-hire-new-ones-at-lower-salaries
Keri and other recruiters say that candidate offers are now much lower and look more like those from 2019 — before the pandemic kicked off the Great Resignation, before Big Tech went on a hiring spree, and before anyone had heard of "quiet quitting."...
https://knews.kathimerini.com.cy/en/business/cabinet-approves-subsidies-to-fund-digital-business-upgrades
At today's Cabinet meeting, the Grant Scheme for "Digital Upgrading of Enterprises" was approved. This project is part of Cyprus's Recovery and Resilience Plan (RSP) for the years 2021-2026, and it will be funded by the European Union's (EU) Recovery and Resilience Mechanism (RRM)....
https://knews.kathimerini.com.cy/en/news/deadly-earthquake-in-turkey-syria-felt-in-cyprus
A major earthquake of magnitude 7.9 struck central Turkey and northwest Syria on Monday, killing scores of people and injuring hundreds as buildings collapsed, and triggering searches across the snowy region for survivors trapped in rubble...
https://knews.kathimerini.com.cy/en/news/cyprus-in-the-freeze-as-rain-and-snow-pummel-the-island
Tonight's weather will be mostly cloudy, with isolated showers and thunderstorms. Extreme weather is expected to bring hail, and snow to the mountains. ...
https://knews.kathimerini.com.cy/en/life/less-painful-more-accurate-mammograms-what-took-so-long
Welcome to Wells $treet! If you know anything about me, you know I like an offbeat business story. So when I scheduled my annual mammogram this year, I thought, “Isn’t there a better, more comfortable way to do this? Can’t someone disrupt this industry? Doesn’t anyone care?”...
https://knews.kathimerini.com.cy/en/news/half-a-billion-euro-investment-in-digital-transformation
Over the next five years, a little more than half a billion euros (€512 million) will be set aside for digital transformation. ...
https://knews.kathimerini.com.cy/en/news/new-yellow-warning-issued-for-showers-thunderstorms-and-snow
The Department of Meteorology has issued a new yellow warning. The warning is in effect from 07:00 Wednesday morning (01/02) until 19:00 in the afternoon of the same day, according to the announcement.
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https://knews.kathimerini.com.cy/en/news/nouris-the-cause-of-cyprus-immigration-problem-is-turkey
Interior Minister Nicos Nouris said on Monday that Turkey is the eliciting factor of the migration issue in Cyprus, speaking at a press conference where he presented the work of his Ministry during his term....
https://knews.kathimerini.com.cy/en/news/a-large-number-of-foreclosure-notices-to-be-sent-tomorrow
Today, Tuesday, January 31, 2023, marks the end of the most recent three-month suspension of divestments imposed by a resolution of the House of Representatives. ...
https://knews.kathimerini.com.cy/en/news/only-one-week-left-until-the-cyprus-presidential-elections
With only one week until the February Presidential elections, candidates continued to deliver stump speeches at gatherings and meet with associations during the weekend. The issues they highlighted in their campaigns concerned issues in relation to the economy and the Cyprus problem, among others....
https://knews.kathimerini.com.cy/en/news/the-demand-for-new-homes-is-dwindling
The large investments and development projects mentioned by Minister of Transport and Works Yannis Karousos in his ministry's recent project presentation may have kept the construction and real estate sector afloat until 2022, but the industry still faces challenges....
https://knews.kathimerini.com.cy/en/news/school-exams-rescheduled-to-accommodate-major-strike
Unionized teachers in the Republic of Cyprus have secured a time change for school exams on Thursday so that members can take part in a major strike to demand restoration of pre-crisis wage indexation mechanisms for union workers...
https://knews.kathimerini.com.cy/en/business/herodotou-calls-for-increased-vigilance-to-avert-private-debt-defaults
Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) called for the preservation of fiscal space, as the economic prospects are deteriorating due to Russia’s war in Ukraine....
https://knews.kathimerini.com.cy/en/news/finance-minister-responds-to-cbs-disinformation-and-fake-news
The report on the CBS show '60 Minutes' about Russian oligarchs was referred to by the Finance Minister in his detailed response on the issue. ...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-vulnerabilities-remain-despite-progress-says-ssm
Cypriot banks have made progress, according to a report by the Single Supervisory Mechanism (SSM), but there are still many issues. ...
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/cabinet-nine-more-citizenships-revoked
The Council of Ministers today confirmed its previous decision to deprive three investors and six of the dependents of their citizenship status following the expiration of the deadline for objections and the completion of the procedures in the competent committee....
https://knews.kathimerini.com.cy/en/news/cyprus-to-coordinate-eu-s-electronic-health-record-system
Cyprus, through the National eHealth Authority (NEHA), is taking on a coordinating role in defining an electronic health record at the European Union level,...
https://knews.kathimerini.com.cy/en/news/cavusoglu-to-the-us-the-stability-in-cyprus-is-eroding
The balance in Cyprus and in Greek-Turkish relations has begun to unravel, according to Turkish Foreign Minister Mevlut Cavusoglu, who stated that it makes no difference to whom weapons are sold....
https://knews.kathimerini.com.cy/en/news/social-media-campaigning-is-dominating-this-year-s-electoral-race
If this election differs from previous ones in any way, it is because the lion's share of the advertising pie has shifted to digital media, particularly social media, with Facebook and Instagram dominating in terms of the amount of advertising content given to them....
https://knews.kathimerini.com.cy/en/news/330-000-migrants-attempted-to-enter-the-eu-last-year-highest-since-2016
The number of attempts by migrants to enter the European Union without authorization reached around 330,000 last year, the highest number since 2016, the EU’s border and coast guard agency said Friday....
https://knews.kathimerini.com.cy/en/news/un-chief-sees-no-common-ground-in-divided-cyprus
UN Secretary-General Antonio Guterres' report on the United Nations Peacekeeping Force in Cyprus, released on Wednesday night as an official document of the Security Council, number S/2023/3, records the lack of common ground between the two sides for peace talks leading to a mutually agreeable solution...
https://knews.kathimerini.com.cy/en/news/cyprus-wrestles-with-decision-on-china-measures
Cypriot health officials are meeting on Tuesday to sift through data before deciding on possible COVID measures on travelers from China, but the task is made more difficult by criticism from a local expert and a new variant sweeping through the West...
https://knews.kathimerini.com.cy/en/comment/opinion/looking-ahead-to-2023-house-prices-in-cyprus
The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing....
https://knews.kathimerini.com.cy/en/comment/opinion/the-belgian-wheel-is-in-motion
Many Cypriots live in a state of frustration. How did Belgian authorities respond decisively to the well-known case, while the island's law enforcement took two weeks to visit Syllouris?...
https://knews.kathimerini.com.cy/en/business/what-did-cypriot-consumers-purchase-in-2022
Cashless transactions have significantly increased since businesses are now required to accept credit or debit cards. Card payments now account for approximately 72% of all commercial transactions, rather than cash. ...
