https://knews.kathimerini.com.cy/en/news/finance-ministry-cyprus-economy-will-not-enter-a-recession
There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...
https://knews.kathimerini.com.cy/en/business/grant-johnson-city-of-dreams-mediterranean-will-be-the-game-changer-for-cyprus-hospitality-industry
The multi-themed City of Dreams Mediterranean resort in Limassol, which will include a luxury hotel, casino, entertainment and sports facilities, adventure park, shops and restaurants, among others, will begin operations in the second quarter of 2023. Grant Johnson, the General Manager of COD analyzes what exactly the City of Dreams Mediterranean will be, what it will offer to the tourism product of Cyprus, how it will strengthen the country's economy and its position as a popular tourist destination and at the same time he analyzes how this project will have significant benefits for the local community and its people. ...
https://knews.kathimerini.com.cy/en/business/ecb-raises-interest-rates-by-0-5
Christine Lagarde warned markets not to expect an early end to rate rises next year, on a day when the European Central Bank and the Bank of England lifted borrowing costs to their highest levels in 14 years....
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/cyprus-airways-unveils-strategic-plans-new-routes
Cyprus Airways on Wednesday unveiled its five-year strategic plan announcing the expansion of is flight schedule to five new routes, namely Milan, Zurich, Prague, Basel, and Cairo...
https://knews.kathimerini.com.cy/en/business/cyprus-retail-sector-continues-climb-despite-inflation
Black Friday, with its high levels of traffic and shopping, appears to have given way to the Christmas holiday season. The market is still moving well, with increased foot traffic in shopping malls and main streets....
https://knews.kathimerini.com.cy/en/news/new-zealand-becomes-the-world-s-first-smoke-free-country
As the first nation to adopt this policy and even pass a draft law, New Zealand has set the goal of getting the younger generation to stop smoking....
https://knews.kathimerini.com.cy/en/business/cyprus-could-become-a-year-round-tourist-destination-by-2030
The ultimate goal of the National Tourism Strategy 2030 is to establish Cyprus as an all-season, high-quality, digitally intelligent and accessible tourist destination, that respects the environment and channels the benefits of tourism across the island,...
https://knews.kathimerini.com.cy/en/news/solon-kassinis-has-died
Solon Kasinis, a former DISY MP, passed away today at the age of 70....
https://knews.kathimerini.com.cy/en/comment/opinion/november-s-real-estate-performance
The year is almost over, and we now have a good idea of how the real estate market performed in 2022. As we all know, the difficulties were and continue to be numerous....
https://knews.kathimerini.com.cy/en/news/voter-abstention-levels-concerning-to-electoral-staff
Citizens will be called to the polls in less than two months to choose the eighth President of the Republic of Cyprus, with abstention rates reaching 23% - and potentially exceeding 30% - according to a poll conducted for Kathimerini by Symmetron Market Research....
https://knews.kathimerini.com.cy/en/business/consulco-launches-its-direct-real-estate-investment-services
Consulco, the London investment specialist has launched its direct real estate investment services assisting overseas investors to acquire and manage residential properties in central London. ...
https://knews.kathimerini.com.cy/en/news/k-poll-the-race-for-second-place-graphics
We are in the crucial final sixty days before the elections, and everything points to a sensational thriller, a fierce battle for the coveted second place....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-generators-of-hope
The war in Ukraine is continuing unabatedly. Every day we hear about new atrocities of seemingly indiscriminate bombing of civilians. But we also see deliberate and targeted attacks on critical civilian infrastructure, such as electricity transmission networks....
https://knews.kathimerini.com.cy/en/news/prices-of-basic-consumer-goods-fluctuating-wildly
The average retail price levels in effect on December 7, 2022, compared to November 9, 2022, show that prices for basic consumer goods are staggering....
https://knews.kathimerini.com.cy/en/news/the-sky-s-no-longer-the-limit-when-using-your-smartphone
Passengers aboard flights in the European Union will soon no longer be required to put their phones on airplane mode and will be able to make phone calls as well as use their mobile phones to the maximum of their features and capacity as airlines will be providing the latest 5G technology on their planes....
https://knews.kathimerini.com.cy/en/news/shipping-tycoon-wants-to-transfer-biz-to-cyprus
A Norwegian-born Cypriot billionaire wants to move his shipping company to Cyprus to reap benefits, including an EU-approved tonnage tax regime available only to tax residents of the island, which is scrambling to keep its industry afloat amid sanctions against Russia...
https://knews.kathimerini.com.cy/en/business/cbc-governor-any-recession-is-expected-to-be-mild-and-short-lived
Constantinos Herodotou, Governor of the Central Bank of Cyprus, talked about the ECB objective and actions to restore and stabilize inflation at 2% in the medium term and maintain financial stability, saying that any recession is expected to be mild and short....
https://knews.kathimerini.com.cy/en/news/germany-eases-entry-rules-for-qualified-young-indians
Nationals of India will soon be subject to less strict rules when reaching Germany for professional, study, and work purposes as the two countries have signed the German-Indian Migration Agreement....
https://knews.kathimerini.com.cy/en/news/emgf-approves-cypriot-proposal-on-permanent-advisory-body
Energy Ministers of the member states of the East Mediterranean Gas Forum agreed on Wednesday on the proposal of the Cypriot Presidency of the EMGF to establish a Scientific and Technical Advisory Committee during the 8th Ministerial Meeting, held in Cairo under the chairmanship of Cyprus’ Minister of Energy, Commerce and Industry, Natasa Pilides...
https://knews.kathimerini.com.cy/en/business/insurance-premiums-expected-to-rise-slightly
Inflation-related losses are also occurring for general insurance policies. Cyprus' insurance policies will specifically follow the broad pattern of other nations and other international insurance companies,...
https://knews.kathimerini.com.cy/en/news/nicosia-passes-energy-forum-baton-to-cairo
Energy Minister Natasa Pilides will preside on Wednesday in Cairo over the 8th Ministerial Meeting of the regional intergovernmental organization East Mediterranean Gas Forum, the last one that will be held within the framework of the Cyprus Presidency of the Forum for 2022...
https://knews.kathimerini.com.cy/en/business/ey-open-call-for-applications-for-the-women-fit-for-business-program-cyprus
AIPFE Cyprus-Women of Europe in collaboration with EY Cyprus and The Cyprus Institute of Marketing (CIM) will be launching the fourth round of the highly successful European initiative Women Fit for Business (WF4B) Cyprus in January 2023....
https://knews.kathimerini.com.cy/en/news/germany-needs-400-000-employees-annually-to-cover-labor-demands
Due to Germany’s aging population which results in a lack of qualified workers, the country’s labor market is at risk, with authorities left to count on target migration as a solution for the situation.
...
https://knews.kathimerini.com.cy/en/news/g7-price-cap-on-russian-oil-kicks-in
The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow's ability to finance its war in Ukraine, but Russia has said it will not abide by the measure even if it has to cut production....
https://knews.kathimerini.com.cy/en/news/eu-the-price-of-russian-oil-has-been-capped-at-$60
The European Union has agreed to cap the price of Russian seaborne oil at $60 per barrel, a Polish official stated....
https://knews.kathimerini.com.cy/en/business/ftx-style-crypto-crash-won-t-happen-in-europe
The cryptocurrency world is reeling after the collapse of crypto exchange FTX — but EU policymakers are patting themselves on the back....
https://knews.kathimerini.com.cy/en/news/ict-specialists-crucial-as-80-of-companies-still-allow-remote-work
According to the results of the survey on information and communication technologies (ICT) usage and e-commerce in businesses in 2022, published on Thursday by the Cyprus Statistical Service, more than 80% of businesses with ten or more employees provided mobile devices with access to the internet and business email in 2022....
https://knews.kathimerini.com.cy/en/news/germany-eases-rules-for-internationals-to-obtain-citizenship
The federal government of Germany has unfolded its plans to introduce new changes to its immigration law, among others, to make it easier for internationals to obtain citizenship....
https://knews.kathimerini.com.cy/en/news/cyprus-gets-taste-of-eu-s-€85-million-with-a-caveat
Cyprus will get Friday the first tranche of €85 million from the EU's Recovery and Resilience Mechanism, with European Commission technocrats also pointing to repeated suspensions of foreclosures in Cyprus that create problems in terms of achieving the goal of further reduction of NPLs...
