https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-dilemmas-of-war-and-pandemic
Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely.
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https://knews.kathimerini.com.cy/en/life/thousands-of-young-europeans-selected-to-travel-throughout-europe-for-free
Nearly 754,000 people have applied to travel and visit Europe through DiscoverEU, the integrated program of Erasmus+, has revealed....
https://knews.kathimerini.com.cy/en/news/greece-planning-major-wall-extension-on-border-with-turkey
Greek authorities say they are planning a major extension of a wall along the country’s border with Turkey and are seeking European Union financial support for the additional construction....
https://knews.kathimerini.com.cy/en/news/superyacht-in-ayia-napa-highlights-tourism-makeover
A cruise ship offering passengers a luxury yachting experience around the world made a stop in Cyprus’ Ayia Napa over the weekend, with locals highlighting the resort town’s efforts to attract high income visitors as an alternative to tourists balling on a budget...
https://knews.kathimerini.com.cy/en/news/an-increase-of-50-in-subsidies-for-roof-thermal-insulation-and-photovoltaic-systems
With a budget increased by 40%, and a potential to increase even further and with increased grants by 50%, the Grant Scheme for thermal insulation on roofs and installation of photovoltaic systems in houses was announced by the Ministry of Energy, Commerce and Industry during a web conference, on Tuesday....
https://knews.kathimerini.com.cy/en/news/cyprus-justice-system-ranked-worst-in-eu
The performance of the Cyprus justice system, based on the time it takes to complete court cases, places it at the bottom of the list compared with other European Union member states....
https://knews.kathimerini.com.cy/en/news/bike-subsidy-plan-to-be-modified-to-benefit-vulnerable-groups
The Minister of Transport, Communications and Works, Giannis Karousos, announced today amendments to the Incentive Plan for the purchase of a bicycle in order to allow more vulnerable groups to apply for bike subsidies....
https://knews.kathimerini.com.cy/en/news/op-ed-a-cornered-rat-is-very-dangerous-indeed
Russian President Vladimir Putin has always been eager to share an instructive story from his childhood, about how, when he was growing up in poverty in Soviet Leningrad, he used to spend his days chasing rats....
https://knews.kathimerini.com.cy/en/news/petrides-things-will-be-difficult-in-the-coming-years
The government will continue supporting households, especially the vulnerable, amid rising inflation, Finance Minister Constantinos Petrides said, warning that tackling inflation is difficult due to its structural nature amid the Ukrainian crisis....
https://knews.kathimerini.com.cy/en/news/cyprus-will-request-ec-permission-to-implement-mortage-to-rent-scheme
Cypriot authorities plan to submit in June an official request to the European Commission for the implementation of a mortgage-to-rent scheme, aiming to address non-performing loans collateralized by primary residences and SME business premises with an estimated contractual value of €3 billion....
https://knews.kathimerini.com.cy/en/news/inflation-in-turkey-spikes-to-almost-70
Inflation in Turkey reached record levels of almost 70% in April, rising by 8.83 points in a month, according to official statistics released today....
https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-economies-facing-a-twin-problem-following-the-war-in-ukraine
The EU and Cyprus economies are facing a “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, according to discussions held by the Nicosia Chamber of Commerce and Industry and the European Investment Bank (EIB)....
https://knews.kathimerini.com.cy/en/news/a-deal-‘everybody-will-hate-to-end-the-war-in-ukraine
The most likely solution that will bring an end to the war in Ukraine is an agreement that “everybody will hate,” James Stavridis, NATO’s Greek-American former commander for Europe tells Kathimerini....
https://knews.kathimerini.com.cy/en/news/cyprus-growth-expected-to-‘slow-sharply
Economic growth in Cyprus will slow sharply before recovering, due to the shock associated with the war in Ukraine, the International Monetary Fund has said, adding that the key near-term challenge “is to calibrate a policy response to the economic fallout from the war in Ukraine.”...
https://knews.kathimerini.com.cy/en/business/major-projects-underway-in-larnaca-nicosia
The Cyprus real estate and construction sectors are moving past the demise of the scrapped Citizenship for Investment Programme, turning their attention to the capital and the once-neglected coastal town of Larnaca, while Limassol, with its high-rises and cosmopolitan lifestyle, is still seeing part of the action....
https://knews.kathimerini.com.cy/en/news/us-imposes-fresh-sanctions-on-russia-while-providing-an-additional-$1b-in-humanitarian-aid
The United States will expand its sanctions on Russia in response to the invasion of Ukraine, targeting members of the country’s parliament and the central bank’s gold reserves, the White House announced Thursday....
https://knews.kathimerini.com.cy/en/news/moody-s-which-countries-are-geopolitically-and-financially-at-risk-from-the-war-in-ukraine
Geopolitical tensions in Eastern Europe may have been high for years, but the Russian invasion of Ukraine is a paradigm shift in the post-Cold War European order of security,...
https://knews.kathimerini.com.cy/en/business/five-female-run-businesses-using-design-to-create-a-waste-free-world
From ‘collaborating’ with bacteria to make material for trainers, to ‘unplastic’ made from brewery waste, these female-founded businesses enlist the power of creativity to do away with waste....
https://knews.kathimerini.com.cy/en/news/a-ban-on-golden-passports-and-the-ukrainian-crisis-on-the-agenda-at-eu-plenary
The European Parliament is scheduled to have its plenary session this week from the 7th to the 10th of March in Strasbourg. On the agenda will be, most importantly, the Ukrainian issue as well as a discussion on an EU-wide ban on citizenship by investment schemes....
https://knews.kathimerini.com.cy/en/news/cypriot-mp-reveals-secret-blacklist-in-state-media
A House representative in the Republic of Cyprus says she had to deal with blacklists when she worked in state media, saying during a budget session on Thursday that she felt compelled to respond to colleagues who defended a move to keep political satire out of public television...
https://knews.kathimerini.com.cy/en/news/in-historic-shift-germany-ramps-up-defense-spending-due-to-russia-s-ukraine-war
Chancellor Olaf Scholz on Sunday announced a major boost to German military spending in the latest of a series of dramatic moves reversing decades of Germany’s post-Cold War foreign policy in just a few days....
https://knews.kathimerini.com.cy/en/news/subsidies-worth-€158-million-for-households-and-businesses-to-be-doled-out-in-2022
Grant schemes, worth €158 million, will be made available in 2022, Minister of Energy, Trade and Industry Natasa Pilides announced during an online workshop, on Wednesday, 16 February....
https://knews.kathimerini.com.cy/en/news/op-ed-complicated-relationships-amidst-a-crisis
The Ukrainian crisis and the diplomatic initiatives of recent days are shedding light on the complex alliances being tested and on the possible new outbreaks of tension....
https://knews.kathimerini.com.cy/en/business/alpha-bank-group-sells-€2-4-billion-npl-and-real-estate-portfolio-in-cyprus
Alpha Services and Holdings S.A. (together with its subsidiaries) has reached an agreement with an affiliate of Cerberus Capital Management, L.P. for the sale of a portfolio of Cypriot non-performing loans and real estate properties of a total gross book value of 2.4 billion euro....
https://knews.kathimerini.com.cy/en/news/op-ed-russia-may-annex-one-third-of-ukraine
He knows Russia and Ukraine pretty well as he served as US ambassador to NATO in 2008-09 and US representative for Ukraine negotiations in 2017-19. ...
https://knews.kathimerini.com.cy/en/news/gesy-€1-21-billion-in-expenses-from-920-000-beneficiaries-in-2021
Total expenses for services from the General Healthcare System (GHS) in Cyprus came to €1.21 billion in 2021, from approximately 920,000 beneficiaries, Senior Officer of the Health Insurance Organisation (HIO) Angelos Tropis told CNA, adding that based on the preliminary results, the 2021 expenses will approximately be equal to total revenue.
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https://knews.kathimerini.com.cy/en/news/tui-large-demand-for-travel-this-summer
The tourist giant TUI gives optimistic prospects for this year's tourist traffic, which announced increased revenues of 2.37 billion euros in the first quarter of 2022, ...
https://knews.kathimerini.com.cy/en/news/housing-projects-to-be-funded-from-casino-revenue
CLDC plans to build more than 800 housing units in the coming years, which will be allocated either through the affordable housing plan or through the new affordable rent plan for economically vulnerable households....
https://knews.kathimerini.com.cy/en/business/pandemic-to-‘spell-end-of-tax-privileges-for-billionaires
Thomas Piketty is one of the most famous economists in the world. His weighty tomes on inequality and its dangerous consequences for global capitalism have been widely praised by other stars of the dismal science, like Paul Krugman and Robert Solow. ...
https://knews.kathimerini.com.cy/en/news/buses-in-nicosia-and-larnaca-go-5g
Connecting to a Wi-Fi network with 5G speed will now be possible for passengers of the Cyprus Public Transport buses. ...
