https://knews.kathimerini.com.cy/en/business/is-your-organization-agile-enough-to-embrace-what-tomorrow-brings
The transformation imperative is urgent, challenging and opportunity rich. Leaders are reframing their businesses to adapt to a new landscape by innovating their business model, elevating their customer experience, and finding new ways to leverage data and technology. This demands a careful balance: sustaining performance while investing in the skills, technologies, and agile ways of working to accelerate growth and create new opportunities. EY Agile practitioners place humans at the center of the organization, leverage technology at speed and innovate at scale....
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/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/business/gatzke-hellenic-relations-have-returned-to-normal
After taking a brief leave of absence, Hellenic Bank CEO Oliver Gatske has returned to his duties. Mr. Gatske was given the green light to return to his office on Monday after the Cyprus Securities and Exchange Commission cleared him of any wrongdoing....
https://knews.kathimerini.com.cy/en/comment/opinion/what-connects-them-to-the-other-side
High school students walk through the cobblestone streets of the old town. The demonstration ended around eleven o'clock in the morning....
https://knews.kathimerini.com.cy/en/news/tatar-discussions-on-air-and-naval-bases-still-ongoing
In remarks to a Turkish Anatoli news agency correspondent regarding the year-end assessment, the TC leader stated that the illegal airport in occupied Lefkonoiko was given to 'security forces' to serve as a base for Turkish IHAs. ...
https://knews.kathimerini.com.cy/en/business/tying-up-loose-ends-at-hellenic
Hellenic Bank experienced several changes in 2022, as it closed outstanding issues while also opening new chapters. Hellenic Bank made changes to its top management, staff, shareholding composition, and labor issues in the fourth quarter of 2022, ...
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...
https://knews.kathimerini.com.cy/en/business/work-life-balance-of-european-women-worse-after-covid-outbreak
European women’s work-life balance has worsened since the start of the Covid-19 pandemic in 2020, a European Institute for Gender Equality (EIGE) report shows....
https://knews.kathimerini.com.cy/en/business/fuel-price-cuts-have-begun
Following a month of price volatility, the Cypriot market should see a reduction in the cost of motor and heating fuels in the coming days....
https://knews.kathimerini.com.cy/en/business/€76-4m-profit-in-first-9-months-of-2022-for-hellenic
Hellenic Bank announced a profit of €76.4 million for the first 9 months of 2022. According to the Group Financial Results for the nine-month period, ...
https://knews.kathimerini.com.cy/en/news/russians-in-cyprus-kept-at-bay-in-archbishop-election
Russians in Cyprus will not be part of the Orthodox plebiscite during a highly contested archbishopric election next month, following a decision by a Holy Synod quorum on Monday that ruled there was no time for foreigners to register to vote...
https://knews.kathimerini.com.cy/en/news/14-billion-euros of-loans-on-ice-due-to-the-suspension-of-foreclosure-sales
In Cyprus, credit purchasing companies manage over 80,000 loans totaling €20 billion....
https://knews.kathimerini.com.cy/en/news/russian-born-lawyer-in-cyprus-throws-hat-in-ring
Local media this week got wind of a possible presidential run by a Limassol-based corporate lawyer, who was born in Russia before the dissolution of the Soviet Union and believes Cyprus should be a neutral state...
https://knews.kathimerini.com.cy/en/business/the-suspension-of-foreclosure-sales-is-tragic-for-the-country
Bank of Cyprus CEO Panicos Nicolaou described Cyprus's decision to extend the suspension of divestments as "tragic."...
https://knews.kathimerini.com.cy/en/business/ey-cyprus-presents-the-transparency-report-2022
ΕΥ Cyprus has released its Transparency Report 2022, which provides an update on the firm’s efforts to execute high-quality audits, identify and mitigate risks and enhance trust in business and the capital markets, in support of sustainable, long-term value creation. ...
https://knews.kathimerini.com.cy/en/business/cyprus-regulator-to-suspend-ftx-s-license
FTX's European Union license in Cyprus could be suspended in yet another blow to Sam Bankman-Fried's crypto exchange, according to Bloomberg....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-how-turkey-s-blue-homeland-doctrine-came-to-be
Fresh fuel was thrown onto the already volatile Greek-Turkish relationship in 2019 in the form of a map that was made public in a photograph that had Turkish President Recep Tayyip Erdogan standing in front of it....
https://knews.kathimerini.com.cy/en/business/slower-economic-growth-expected-towards-end-of-year
The Cypriot economy is expected to slow down towards the end of 2022 after growing steadily during the first half of the year, according to the chapter on Cyprus from the European Commission’s Autumn 2022 Economic Forecast which was presented on Friday by Commissioner for the Economy Paolo Gentiloni....
https://knews.kathimerini.com.cy/en/news/the-commission-is-pushing-for-regulation-of-airbnb-style-lodging
As part of its efforts to promote transparency in the short-term rental sector, the Commission adopted on Monday a proposal for the regulation to improve transparency and assist public authorities in ensuring the sector's balanced development in the context of sustainable tourism....
https://knews.kathimerini.com.cy/en/business/ecb-raises-interest-rates-by-0-75
The European Central Bank recently decided to raise interest rates by 0.75%. This is the third consecutive increase (a 2% increase overall), and the base rate will now be 2%. The interest rate at which banks accept deposits has risen from 0.75% to 1.5%....
https://knews.kathimerini.com.cy/en/news/cavusoglu-trnc-delegations-will-be-established-in-two-eu-member-states
Turkish Foreign Minister Mevlut Cavusoglu said that although the pseudo-state has not been recognized, representative offices will now be established in two EU nations. ...
https://knews.kathimerini.com.cy/en/news/turks-test-fire-missile-full-of-double-entendre
Turkey reportedly test-fired a short-range ballistic missile over the Black Sea on Tuesday in an apparent double entendre, as Ankara called on Athens this week to resolve issues through dialogue but also repeated warnings to Greece to demilitarize the Aegean...
https://knews.kathimerini.com.cy/en/news/cyprus-on-‘very-good-track-to-innovation
The high scores of Cyprus in the field of innovation were stressed in the Digital Agenda Cyprus Summit 2022, which was held at Nicosia Municipal Theatre on Monday. Keynote speakers from various fields attended the conference and talked about issues pertaining to a world which is in the digitisation process...
https://knews.kathimerini.com.cy/en/news/imf-predicts-a-return-to-fiscal-surpluses-for-cyprus-following-the-pandemic
Cyprus’ public finances will return to surpluses in 2023 which will continue until 2027, the IMF said in its Fiscal Monitor 2022 issued on Wednesday....
https://knews.kathimerini.com.cy/en/business/the-ecb-s-next-steps-were-documented-in-limassol
The two-day conference of Central Bank Governors in Limassol is a strong contender to serve as the foundation for decisions on monetary policy and inflation strategy to be made in the coming period.
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https://knews.kathimerini.com.cy/en/business/the-heart-of-the-ecb-beats-in-cyprus
The second consecutive visit of European Central Bank President Christine Lagarde in 2022 is certainly semantic. Apart from the visibility of Cyprus being the first visit by Central Bank Governors as part of the decision to visit a country on an annual basis to hold one of their meetings, two other readings emerge....
https://knews.kathimerini.com.cy/en/business/majority-of-tourists-visiting-cyprus-are-no-longer-russian
In June 2021 at the 43rd conference of the Pancyprian Hoteliers Association, it may have been the first time it was officially made clear that the markets of Russia and Britain will no longer be a one-way street for the Cypriot tourism industry....
https://knews.kathimerini.com.cy/en/news/candidates-concerned-over-higher-rents-facing-undergraduates
Parties and candidates on Monday continued their activities, ahead of the February 2023 presidential elections, with issues such as digital transformation, labor relations, the Cyprus problem and benefits for undergraduate students who face difficulties renting student halls, topping the agenda....
https://knews.kathimerini.com.cy/en/business/september-newsletter-of-k-treppides-co-ltd-european-securities-and-markets-authority
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....
