https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-effective-management-of-the-migration-issue
Migration flows to Europe from Africa and Asia are becoming increasingly influenced by geopolitical realities and socioeconomic developments....
https://knews.kathimerini.com.cy/en/news/ft-former-pwc-cyprus-accountants-take-on-company-s-russian-clients
A group of PwC partners has launched a breakaway firm in Cyprus to take on work from Russia-linked clients that the Big Four accountants will no longer touch....
https://knews.kathimerini.com.cy/en/news/layoffs-begin-at-twitter-as-offices-temporarily-close
Twitter Inc temporarily closed its offices on Friday after telling employees they will be informed by email later in the day whether they are being laid off....
https://knews.kathimerini.com.cy/en/business/1-minthis-spa-a-sanctuary-of-wellness-ready-to-awaken-your-senses
Minthis, the flagship luxury lifestyle resort by renowned Cypriot developer Pafilia, has opened one of the most ground-breaking wellness sanctuaries in the Mediterranean....
https://knews.kathimerini.com.cy/en/business/elon-musk-refused-to-budge-on-twitter-s-$8-blue-tick-fee
Elon Musk has doubled down on Twitter's proposed new $8-per-month fee for users who want to keep their blue verified checkmark.
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https://knews.kathimerini.com.cy/en/business/a-€6-million-chalet-is-just-one-of-several-investments-planned-for-the-mountains-of-cyprus
The new €6.3 million project in Moniatis, which is looking for a buyer, shows that investment in mountainous areas is picking up steam. With DTA's Guru projects, the creation of the Tree Hotel, hotel acquisitions by Property Gallery, and the restoration of the Berengaria Hotel in Prodromos, interest has recently begun to be more active....
https://knews.kathimerini.com.cy/en/news/eurostat-electricity-prices-up-by-32-in-cyprus
In the first half of 2022, average household electricity prices in the European Union increased sharply compared with the same period in 2021, from 22.0 euros per 100 kWh to 25.3 euros per 100 kWh, according to data released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/cyprus-hourly-labor-costs-in-2020-was-at-€18-10-with-some-exceptions
Based on the findings of the Labor Cost Survey (LCS) conducted by the Cyprus Statistical Service, the hourly labor cost was set at €18.10 with 2020 serving as the benchmark year....
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/when-a-vacation-is-less-expensive-than-staying-at-home
Can a vacation be less expensive than staying at home? That is exactly what EasyJet told British citizens, and the vacation package it offered for a trip to Egypt sold out in less than 24 hours....
https://knews.kathimerini.com.cy/en/news/op-ed-wim-van-aken-talks-recession-and-the-predictions-for-cyprus
We are facing a double shock. First, we had the Covid-19 shock and now the global and European economies are facing a new shock with the war in Ukraine. Both events are unprecedented for many of us....
https://knews.kathimerini.com.cy/en/news/boris-johnson-or-rishi-sunak-expected-to-be-uk-s-next-prime-minister
Boris Johnson and his former finance minister Rishi Sunak were leading potential contenders to replace British Prime Minister Liz Truss on Friday, with candidates canvassing support to become Conservative Party leader in a fast-tracked contest....
https://knews.kathimerini.com.cy/en/news/would-you-pay-$40-000-for-a-2007-iphone-someone-did
When the first-generation iPhone was released in 2007, it cost $599. However, after 15 years, someone paid nearly $40,000 for the same phone....
https://knews.kathimerini.com.cy/en/news/eu-leaders-burn-midnight-oil-on-gas-prices
European Union leaders ended another debate on the bloc's response to the energy crunch without agreement on whether to cap gas prices, deciding in the early hours of Friday morning to keep examining options to put a ceiling on costs...
https://knews.kathimerini.com.cy/en/news/ending-cyprus-energy-isolation
After the discovery of energy resources in the Cypriot EEZ, the start of construction of the Cyprus-Crete electricity cable can be considered a high point in Cyprus' energy affairs. For the first time in its history, the Republic of Cyprus will join Europe's energy system, with all that entails for the country's security....
https://knews.kathimerini.com.cy/en/business/plans-to-modernize-the-state-s-websites-are-underway
The Deputy Ministry for Innovation, Research and Digital Policy announced Tuesday that a contract has been signed to modernize the state's websites which will now be accessible through the new digital portal, gov.cy....
https://knews.kathimerini.com.cy/en/news/americans-show-more-interest-in-greece-s-golden-visa-program
Americans’ interest in Greece’s Golden Visa program has marked a significant increase recently, according to the latest report of real estate experts Berkshire Hathaway HomeServices....
https://knews.kathimerini.com.cy/en/news/cyprus-s-first-step-toward-rail-and-tram-transportation
On the occasion of her visit to the island for the Cyprus Maritime Cyprus 2022 conference, European Commissioner for Transport, Adina Valean, raised for the first time the issue of the creation of a railway in Cyprus and the prospects of co-financing it....
https://knews.kathimerini.com.cy/en/news/suspicion-over-turkish-fishing-boats-in-migrant-drownings
Hellenic Coast Guard officers have told Kathimerini they were investigating the role of Turkish fishing boats that were close to the location where a dinghy sunk late Wednesday and a confirmed 18 people drowned, the deadlier of the two incidents involving migrants....
https://knews.kathimerini.com.cy/en/news/22-dead-dozens-missing-after-2-migrant-ships-sink
Bodies floated amid splintered wreckage in the wind-tossed waters off a Greek island Thursday as the death toll from the separate sinkings of two migrant boats rose to 22, with many still missing....
https://knews.kathimerini.com.cy/en/news/the-future-of-the-banking-sector-is-digital-green-and-social
The future of the banking sector is digital, green and social, said the participants at the 3rd online FMW Conference, titled "Banking System: New Challenges and Opportunities". The Conference also highlighted the contrast between trying to tame inflation by raising interest rates and supporting vulnerable groups to avoid social unrest....
https://knews.kathimerini.com.cy/en/news/eu-countries-approve-energy-windfall-levies-turn-to-gas-price-cap
European Union countries agreed on Friday to impose emergency levies on energy firms’ windfall profits and began talks on their next move to tackle Europe’s energy crunch – possibly a bloc-wide gas price cap....
https://knews.kathimerini.com.cy/en/news/cyprus-wants-eu-exemption-from-energy-cutback
Cyprus is gearing up to request on Friday an exemption from EU measures that would call on member states to reduce their energy demand as well as cap company profits from Russian oil...
https://knews.kathimerini.com.cy/en/business/cypriot-businesses-face-serious-issues-but-still-expect-to-turn-a-profit
What are the main problems for Cypriot businesses (table)
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https://knews.kathimerini.com.cy/en/news/why-evs-are-a-flop-in-cyprus-…-so-far
It's only a 150-kilometer drive across Cyprus; well below how far an average electric vehicle can drive on a single charge. Range anxiety — a major barrier in the shift to EVs — shouldn't be a thing....
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/news/eu-flip-flops-on-russian-coal-after-cyprus-cries-foul
The shipping industry in the Republic of Cyprus can breathe a sigh of relief after the European Commission eased sanctions against Russian coal, following objection from Nicosia that saw stricter guidelines as a direct blow to its competitive advantage...
https://knews.kathimerini.com.cy/en/news/reduced-excise-tax-on-fuel-extended-until-mid-january
The Cyprus government extended the reduced excise duties on fuel until 15 January 2023 on Friday, in a bid to alleviate the effects of soaring inflation fuelled by the war in Ukraine, with the Finance Minister calling on Households and businesses to save energy as fiscal measures cannot tackle the problem of price hikes in its entirety....
https://knews.kathimerini.com.cy/en/news/third-annual-comulis-conference-highlighted-correlative-imaging-methods
Following the successful COMULIS Conferences in Austria and Sweden, The Cyprus Institute (CyI) hosted the 3rd Annual Conference of the COMULIS COST Action (Correlated Multimodal Imaging in Life Sciences; https://www.comulis.eu),...
https://knews.kathimerini.com.cy/en/business/ryanair-says-low-cost-travel-now-in-the-past
The previously known ultra-low-cost flag carrier, Ryanair, has announced it will increase ticket prices to Austria moderately, mainly due to inflation....
