https://knews.kathimerini.com.cy/en/business/ecb-lowers-emergency-funding-cap-for-greek-banks-to-8-4-bln-euros
The European Central Bank lowered the ceiling on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 1.9 billion euros to 8.4 billion euros, the Bank of Greece said on Thursday....
https://knews.kathimerini.com.cy/en/business/uk-ship-insurer-setting-up-cyprus-office-over-brexit
British ship insurer London P&I Club is setting up a new subsidiary in Cyprus to ensure continued access to trade in the European Union in case Britain loses single market access...
https://knews.kathimerini.com.cy/en/life/july-is-tequila-month
National Tequila Day is fast approaching, on July 24, and Kathimerini’s WIZ Urban Guide thought it would be cool to couple a few tips together on what people ought to know about this popular drink, just in time before taking their next sip...
https://knews.kathimerini.com.cy/en/news/imarcomms-is-presenting-version-7-of-the-professional-diploma-in-digital-marketing
ImarComms is delighted to announce that version 7 of Digital Marketing Institute’s "Professional Diploma in Digital Marketing" is starting on the 17th of October 2018. The lectures will be held at the University of Cyprus in Nicosia...
https://knews.kathimerini.com.cy/en/news/new-law-marks-the-end-of-tourism-bureaucracy
The House voted this week to scrap the Cyprus Tourism Organisation (CTO), essentially transferring tourism responsibilities from a large bureaucracy to a leaner structure to boost flexibility and competitiveness...
https://knews.kathimerini.com.cy/en/news/government-exploring-ways-to-suspend-pension-cuts
The government is hoping that surpluses at the Single Social Security Entity (EFKA) will allow the non-implementation of pre-legislated pension cuts on January 1 next year....
https://knews.kathimerini.com.cy/en/news/greek-airports-unprepared-for-increased-traffic-volume
Pressured by the explosive growth of passenger numbers generated by Greece’s expanding tourism market, officials are calling for additional air traffic controllers to ensure safe travel....
https://knews.kathimerini.com.cy/en/business/energean-commits-to-eastern-mediterranean
Energean is seeking approval from Cyprus for the Greek oil and gas firm to build a pipeline from its Israeli offshore gas fields and import 0.5 to 1 billion cubic meters of gas a year to the island...
https://knews.kathimerini.com.cy/en/news/cyprus-recalls-unsuitable-medical-drugs
A number of high blood pressure and heart drugs containing an ingredient made in China are being recalled across Europe after officials discovered an impurity that may cause cancer...
https://knews.kathimerini.com.cy/en/news/registration-now-open-for-2nd-cyprus-open-data-hackathon
The 2nd Cyprus Open Data Hackathon will take place on 15-16 September 2018 in Limassol at ARIS, co-organized by the Innovation and Entrepreneurship Centre of Deloitte, the Public Administration and Personnel Department of the Ministry of Finance and Hack Cyprus.
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https://knews.kathimerini.com.cy/en/news/cyprus-jobless-drop-in-may-biggest-in-the-eu
Cyprus recorded the largest unemployment drop in the European Union for May 2018, dropping to 8.4% from 8.6% the previous month...
https://knews.kathimerini.com.cy/en/news/nicosia-helps-refugees-gain-better-skills
Nineteen refugees, migrants, and asylum seekers came together in Strovolos on Sunday, as part of the “Colourful Societies” programme that helps foreigners integrate socially and gain job skills...
https://knews.kathimerini.com.cy/en/news/take-away-lessons-from-cyprus-in-the-digital-agenda
Cyprus is turning the page in the digital age era but there are still many steps in the path forward. This appears to be the general conclusion from Thursday’s conference on "Cyprus in the Digital Agenda" organised by Kathimerini newspaper and the SPP MEDIA Group...
https://knews.kathimerini.com.cy/en/news/debt-deal-exceeded-market-expectations-tsipras-says
Greek Prime Minister Alexis Tsipras on Friday hailed the Eurogroup debt deal for Greece during a televised exchange with President Prokopis Pavlopoulos, referring to a "historic" agreement that exceeded the expectations of the markets....
https://knews.kathimerini.com.cy/en/business/esm-warns-cypriot-banks-of-quick-fixes
The European Stability Mechanism warns Cyprus that despite a recent decline in non-performing loans (NPL), the banking sector remains vulnerable due to weak profitability and a still high NPL ratio...
https://knews.kathimerini.com.cy/en/news/fake-news-and-quality-journalism-under-scrutiny
Fake news, a term used almost daily and a byproduct of the rapid spread of social media networks, will be one of the main topics in the first digital policy conference on “Cyprus in the Digital Agenda” on Thursday in Nicosia...
https://knews.kathimerini.com.cy/en/news/conference-on-funds-cryptocurrencies-a-success
A half day Conference with the subject of “Funds & Cryptocurrencies: The Development and the Technology” was successfully completed for a second consecutive year, on the 14th of June 2018 at the Four Seasons Hotel in Limassol...
https://knews.kathimerini.com.cy/en/news/may-tourists-up-7-6-despite-russian-drop
Tourist arrivals went up by 7.6% last month, lending credence to earlier predictions that industry numbers were on a good path despite a disappointing Russian exit...
https://knews.kathimerini.com.cy/en/news/biker-dies-in-strovolos-road-collision
A biker from Lakatamia lost his life Sunday in a deadly collision in Strovolos, after his motorbike slammed into a car in front of him...
https://knews.kathimerini.com.cy/en/business/funds-cryptocurrencies-the-development-and-the-technology
For the second consecutive year, the Cyprus Chamber of Commerce and Industry, Cyprus-Russian Business Association and K. Treppides & Co Ltd are organizing a half day conference on the 14th of June 2018 at Four Seasons Hotel in Limassol, in an attempt to inform the investors and the Global Market about the Cyprus Fund’s market and the relationship that the Funds in Cyprus can have with the technology...
https://knews.kathimerini.com.cy/en/business/out-of-towner-supermarket-enters-nicosia-competition
Papantoniou Supermarkets is getting ready to set up shop in the middle of a tough competitive market in western Nicosia, where other giants also stake a claim, but there are still some permit hurdles for the out-of-town family...
https://knews.kathimerini.com.cy/en/business/treppides-annual-event-in-moscow
K. Treppides & Co Limited is delighted to announce its annual event in Moscow taking place on the 6th of June 2018...
https://knews.kathimerini.com.cy/en/news/cto-sees-tourism-potential-despite-russian-defect
The Cyprus Tourism Organisation says tourist arrivals are expected to rise in 2018 despite a drop in Russian visitors to the island, while the government is moving forward with new plans for tourism on the island...
https://knews.kathimerini.com.cy/en/news/ireland-votes-in-once-in-a-generation-abortion-referendum
Ireland began voting on Friday in an abortion referendum that could be a milestone on a path of change in a country that, only two decades ago, was one of Europe’s most socially conservative...
https://knews.kathimerini.com.cy/en/business/aris-joins-forces-with-taurus-aurum-to-supercharge-the-cypriot-startup-entrepreneurship-ecosystem
ARIS, an early-stage accelerator launched by the Bank of Cyprus and Deloitte earlier this year and Taurus Aurum Global Property Fund Limited, a multicompartamental private-owned self-managed Alternative Investment Fund headquartered in Nicosia, signed a Memorandum of Understanding (MOU) on the 24th of May 2018 in Nicosia...
https://knews.kathimerini.com.cy/en/news/north-korea-still-wants-to-talk-after-trump-nuked-summit
North Korea responded on Friday with measured tones to US President Donald Trump’s decision to call off a historic summit with leader Kim Jong Un scheduled for next month, saying Pyongyang hoped for a “Trump formula” to resolve the standoff over its nuclear weapons programme...
https://knews.kathimerini.com.cy/en/life/turkey-s-muslim-friendly-holidays-find-a-modest-place-in-the-sun
Turkey’s $26 billion tourism industry has been battered by security fears and political disputes in recent years but one corner of the market is quietly growing - beach holidays for conservative Muslims...
https://knews.kathimerini.com.cy/en/business/m-s-to-close-100-uk-stores-in-four-years
British retailer Marks & Spencer plans to close more than 100 stores in its home market by 2022, accelerating a drive to re-shape its business as it strives to make at least a third of sales online...
https://knews.kathimerini.com.cy/en/business/cyprus-forecasts-high-gdp-growth-of-3-plus-until-2021
High growth rates exceeding 3% of the GDP and high primary surpluses are projected until the year 2021 in the Strategic Fiscal Policy Framework (SFPF) 2019-2021, which was approved by the cabinet...
https://knews.kathimerini.com.cy/en/business/bill-to-scrap-tourism-bureaucracy-heading-for-a-vote
The government is trying to make good on an old promise to create an undersecretary position for tourism, essentially scrapping or severely limiting the aged structure of the Cyprus Tourism Organisation...
