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/news/sales-to-foreign-buyers-hit-16-year-high
During January 2023 foreign buyers deposited 594 contracts of sale at Land Registry offices across the island. Moreover, these accounted for 54% of all sales; the first time since 2007 that the number of foreign sales has exceeded domestic sales....
https://knews.kathimerini.com.cy/en/news/cypriot-voters-cast-ballot-in-crucial-runoff-election
Cypriots return to the polls Sunday to elect the 8th President since the establishment of the Republic of Cyprus. The two front-runners in last weekend's first round, are Nicos Christodoulides, former Minister of Foreign Affairs in the cabinet of outgoing President Nicos Anastasiades, and Andreas Mavroyiannis a diplomat who served as negotiator for the Cyprus problem...
https://knews.kathimerini.com.cy/en/news/credit-suisse-posts-$1-51-billion-loss-in-4th-quarter-of-2022
Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul....
https://knews.kathimerini.com.cy/en/news/preparations-for-second-round-in-the-final-stretch
Preparations for the second round of the Presidential elections on Sunday are in the final stretch. On Thursday the distribution of ballots was completed and on Friday the ballot boxes will be delivered....
https://knews.kathimerini.com.cy/en/news/cyprus-drives-hard-bargain-on-eu-migration-money
Outgoing Cypriot President Nicos Anastasiades will note the disproportionate burden for the Republic of Cyprus due to the increased migration flows, during the European Council summit taking place on Thursday and Friday in Brussels, highlighting the instrumentalization of the migration issue by Turkey...
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-is-constantly-reducing-its-energy-footprint-and-contributes-to-the-protection-of-the-environment-on-a-daily-basis
This year, the company was also certified with the ISO 50001 for its energy management system and for the first time it attained green certificates for 100% of the energy supplied by EAC....
https://knews.kathimerini.com.cy/en/news/woman-dies-after-giving-birth-under-earthquake-rubble-in-syria
As rescue teams, including Greeks, continue to fight a superhuman battle to find those trapped under the debris, there are so many shocking stories that have been documented after the earthquake in Turkey and Syria left thousands dead....
https://knews.kathimerini.com.cy/en/business/rate-of-npl-s-unchanged-in-november-2022
Non-performing loans (NPLs) in the Cyprus banking system remained unchanged in November, with the NPL rate to total loans unchanged at 10.5%....
https://knews.kathimerini.com.cy/en/news/every-election-related-detail-you-need-to-know-the-results-the-locations-and-the-polls
The presidential election countdown has begun, with only 48 hours until the first round of voting. ...
https://knews.kathimerini.com.cy/en/business/€10-million-worth-of-grants-approved-for-women-entrepreneurs
A total of 187 applications submitted by women were approved in 2021 for the amount of 10.6 million euros, in the framework of the New Entrepreneurship Programme covering the period 2021-2027, ...
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/tourism-revenues-are-on-the-mend
Savvas Perdios, the deputy tourism minister, spoke with K shortly after his trip to New York and Washington, D.C., about the ministry's investment in this market and the need to gradually lay the groundwork for increased American visitor numbers in Cyprus....
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.
...
https://knews.kathimerini.com.cy/en/news/award-winning-director-nick-broomfield-talks-of-his-carefree-life-in-nicosia
Nick Broomfield, now 74, is revered among documentary professionals in the United Kingdom and beyond. ...
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/cyprus-use-of-renewable-sources-for-electricity-rising-despite-slow-progress
Despite slow progress, Cyprus still ranks fifth from last in the use of renewable energy sources for electricity....
https://knews.kathimerini.com.cy/en/business/113-7-increase-in-counterfeit-euro-banknotes-in-2022
In 2022, 451 counterfeit euro banknotes were removed from circulation in Cyprus, an increase of 113.7 percent over the previous year....
https://knews.kathimerini.com.cy/en/news/pilides-government-to-push-for-more-home-solar-panel-installations
The Government does not intend to stop the measure that encourages the installation of solar panels in homes, but to enhance it, the Minister of Energy, Trade and Industry Natasa Pilides pointed out on Friday....
https://knews.kathimerini.com.cy/en/news/anastasiades-inaugurates-gas-terminal-in-vasiliko
Today marks a historic milestone for the Larnaka region, President Nicos Anastasiades said, during the inauguration of the gas terminal of the VLPG consortium in the Vasiliko area....
https://knews.kathimerini.com.cy/en/news/deposits-up-by-more-than-€0-5-billion-in-december-2022
Deposits in the Cypriot banking system rose by almost €590 million in December 2022 with total deposits in end-2022 amounting to €52 billion....
https://knews.kathimerini.com.cy/en/news/petrol-sales-down-by-7-5-in-december-2022
Sales at petrol stations in December 2022 were down by 7.5% compared to December 2021, according to data released on Friday by the Cyprus Statistical Service....
https://knews.kathimerini.com.cy/en/business/limassol-could-still-have-another-8-000-apartments
As the demand for real estate in city centers has increased in recent years, Ask Wire's research identifies many parcels of land in the central areas of Cypriot cities that are either underutilized or only partially utilized. ...
https://knews.kathimerini.com.cy/en/news/labor-unrest-in-the-midst-of-an-election-today-s-strike
Despite the unions' categorical assurances that the strike on Thursday has nothing to do with the current election period, the three-hour strike measures will de facto be butter on the election agenda of candidates who do not come from the government sector....
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/twenty-two-flights-affected-by-thursday-s-cola-strike
A total of 22 flights concerning both departures and arrivals from and to Cyprus’ two airports will be affected by the Cyprus-wide three-hour strike to be held tomorrow over the issue of the cost of living adjustment (COLA)....
https://knews.kathimerini.com.cy/en/business/banks-are-revising-lending-rates
Cypriot banks are preparing new loan rates in an effort to redesign the pricing of loans. In the first half of 2023, Cypriot banks will see significant changes in the pricing of new loans, accompanied by increases in interest rates, ...
https://knews.kathimerini.com.cy/en/news/more-people-choose-bankruptcy-to-get-a-second-chance
Bankruptcy applications, based on Law 4818/2021, are coming thick and fast from individuals with or without commercial activity, as they are unable to repay their debts to banks and insurance funds....
https://knews.kathimerini.com.cy/en/news/california-reeling-over-back-to-back-mass-shootings
Just two days after a gunman killed 11 people at a Los Angeles-area dance studio, seven more victims were shot dead in an agricultural area near San Francisco, as California suffered one of its bloodiest spates of mass gun violence in decades....
