https://knews.kathimerini.com.cy/en/news/euroasia-secures-eu-funds-for-cyprus-but-israel-left-out
Cypriot Energy Minister Natasa Pilides has welcomed the approval the approval of EU funds for the EuroAsia Interconnector, but the money is not enough for the submarine cable to reach Israel...
https://knews.kathimerini.com.cy/en/news/cypriot-exports-to-the-uk-were-not-affected-despite-brexit
Despite the significant decrease in imports from the United Kingdom as a result of Brexit, Cypriot exports, mainly of dairy products, have remained at the same levels,...
https://knews.kathimerini.com.cy/en/news/the-cypriot-electricity-market-is-opening
Cypriot President Nicos Anastasiades is satisfied with the timetable as regards the opening of the competitive electricity market, set to launch in the fall of 2022, according to a written statement by deputy government spokesperson Niovi Parisinou....
https://knews.kathimerini.com.cy/en/news/modernization-of-eac-and-an-increase-of-independent-energy-providers-says-president-anastasiades
Cyprus President Nicos Anastasiades said on Thursday that the government will provide all necessary tools to allow the Electricity Authority of Cyprus (EAC) to modernize its operation, as well as to encourage even more independent energy providers to operate in the Cypriot market....
https://knews.kathimerini.com.cy/en/news/water-wars-see-light-of-day-as-chloraka-deadline-expires
Syrian refugees at Chloraka’s controversial studio complex under orders to shut down are calling on authorities to reconnect water supply until a court of law resolves a financial dispute between the local council and the owners, who say cuts on the property have been going on for years...
https://knews.kathimerini.com.cy/en/news/turkey-s-inflation-hits-a-19-year-high-of-36
Turkey’s yearly inflation climbed at the fastest pace in 19 years, jumping to 36.08% in December, official data showed on Monday....
https://knews.kathimerini.com.cy/en/news/what-s-left-for-the-turkish-cypriot-economy-after-2021
Shortly before the pandemic began, Turks and foreign analysts warned of the effects of the Erdogan government's wrong moves and decisions on the economy....
https://knews.kathimerini.com.cy/en/business/loan-restructurings-in-the-cyprus-reached-almost-€2-billion-due-to-covid
Loan restructurings in the Cypriot banking system edged close to €2 billion in the first ten months of 2021, marking the highest figure according to Central Bank of Cyprus (CBC) records which began in end-2014....
https://knews.kathimerini.com.cy/en/news/christmas-on-borrowed-cash-for-many
One in four households will take on credit card debt to buy food and presents this festive season, according to the 2021 study of the European Consumer Payment Report....
https://knews.kathimerini.com.cy/en/news/financial-turmoil-hits-turkish-cypriots
Serious side effects from the lira's plunge–Basic food products are becoming more expensive
...
https://knews.kathimerini.com.cy/en/news/prices-of-consumer-goods-and-services-up-4-7-in-november
The Harmonized Index of Consumer Prices, which measures the changes over time in the prices of consumer goods and services acquired by households, increased by 4.7% in November 2021, compared to the index of November 2020....
https://knews.kathimerini.com.cy/en/news/inflation-in-britain-jumped-to-its-highest-level-in-the-last-10-years-at-5-1
Inflation in Britain has jumped to a 10-year high due to a sharp rise in prices, according to data released on Wednesday on the eve of the Bank of England's decision on interest rates....
https://knews.kathimerini.com.cy/en/business/parliamentary-committee-report-on-state-budget-2022-sees-significant-uncertainties-due-to-pandemic
A report by the Parliamentary Committee of Financial and Budgetary Affairs on the State Budget for 2022 ahead of the plenary debate and vote this week, stresses the significant uncertainties affecting the projections upon which the budget is based....
https://knews.kathimerini.com.cy/en/business/alphamega-hypermarkets-launches-new-store-in-trimiklini
Alphamega Hypermarkets is adding another hypermarket to its network....
https://knews.kathimerini.com.cy/en/business/mammoth-1-3-billion-euro-fine-to-amazon
Italy's antitrust watchdog said on Thursday it had fined Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance, in one of the biggest penalties imposed on a U.S. tech giant in Europe....
https://knews.kathimerini.com.cy/en/news/black-friday
This year's Black Friday did not compare to previous years in terms of retail sales. The images in stores selling electrical appliances, electronic items and tech products, at least so far, have been disappointing....
https://knews.kathimerini.com.cy/en/news/vat-reduction
Finance Minister Constantinos Petrides said on Thursday that the Government has notified the EU’s VAT Committee over its intention to reduce VAT on household electricity bills from 19% to 9%...
https://knews.kathimerini.com.cy/en/news/cyprus-produces-first-ever-pdo-halloumi
The first badge of halloumi bearing the PDO certificate has been produced by a Greek Cypriot dairy business in Frenaros, but comments in Turkish Cypriot media gave way to a war of words over which side actually authorizes inspections on the ethnically divided island...
https://knews.kathimerini.com.cy/en/news/self-rapid-tests-enter-debate-again-in-cyprus
At-home Covid rapid tests could soon be widely available to consumers in the Republic of Cyprus, but a local expert says self-swabbing should only be offered to people who are vaccinated...
https://knews.kathimerini.com.cy/en/business/the-association-of-retail-companies-is-requesting-exemptions-to-covscan
Following the ruckus in retail businesses during the first days of the CovScan check, companies continue to document problematic issues arising from the verification requirement. ...
https://knews.kathimerini.com.cy/en/business/supermarkets-disagree-with-covscan-and-ask-for-instructions
Supermarket owners are asking the Minister of Health for instructions on how to implement CovScan, but they are underlining their opposition to this measure and the adoption of any additional measures to support its implementation....
https://knews.kathimerini.com.cy/en/news/rule-stickler-mayor-left-hanging-with-stroke-of-pen
President Nicos Anastasiades used the stroke of a pen on Wednesday to block the closure of a department store in Paphos, a move that left the town’s mayor hanging after he had warned his municipality would not tolerate illegal operations without permits...
https://knews.kathimerini.com.cy/en/news/covscan-cyprus-starts-running-on-trial-basis
Door greeters at supermarkets started using the android app CovScan on Monday to verify the authenticity of their customers’ Safe Pass documents, but the program will run on a trial basis for two weeks following criticism that consumers and businesses had little time to prepare...
https://knews.kathimerini.com.cy/en/news/government-announces-a-reduction-of-vat-for-vulnerable-households
Cabinet Ministers today announced the reduction of VAT charged to electricity bills of vulnerable households. ...
https://knews.kathimerini.com.cy/en/news/rise-in-consumer-loans-and-housing-purchase-in-september
New consumer loans, mortgages and new loans above €1 million increased in September compared to the previous month of this year,...
https://knews.kathimerini.com.cy/en/news/cypriot-banks-to-reduce-costs
The President of the European Banking Authority speaks to "K"...
https://knews.kathimerini.com.cy/en/news/government-subsidies-to-replace-electrical-appliances-in-homes
The Ministry of Energy, Trade and Industry is in the process of preparing a Sponsorship Plan for the replacement of electrical appliances in the homes of vulnerable electricity consumers, following and announcement made by Minister Natasa Pilides. ...
https://knews.kathimerini.com.cy/en/news/cyprus-consumer-association
The Cyprus Consumer's Association calls on the Consumer Protection Service of the Ministry of Energy, Trade and Industry "to assume its responsibilities...
https://knews.kathimerini.com.cy/en/business/facebook-to-hire-10-000-in-eu-to-build-metaverse
Last Sunday, Facebook announced plans to create 10,000 new jobs in the European Union over the next five years to build products that will serve the metaverse...
https://knews.kathimerini.com.cy/en/news/digital-agenda-2021-ends-with-a-bang
The second and final day of Digital Agenda Cyprus was more impressive with speakers bringing together ideas, predictions and discussions about the future of technology and what to expect during the post-pandemic era....
