https://knews.kathimerini.com.cy/en/news/ecb-cuts-cypriot-bond-holdings-to-€6-38-billion
The value of Cypriot sovereign bonds held by the Eurosystem, as part of the Public Sector Purchases Programme (PSPP) and the Pandemic Emergency Purchases Programme (PEPP) declined to €6.38 billion......
https://knews.kathimerini.com.cy/en/news/ema-slams-eac-for-undermining-electricity-market-competition
The Electricity Market Association (EMA) is expressing concern over recent requests made by the Electricity Authority of Cyprus (EAC) to President Nicos Christodoulides....
https://knews.kathimerini.com.cy/en/news/kamala-harris-unveils-economic-plan-with-tax-cuts-and-housing-focus
Vice President Kamala Harris is set to present a comprehensive economic plan during a major policy speech in Raleigh, North Carolina, on Friday....
https://knews.kathimerini.com.cy/en/news/wind-energy-helps-end-power-cuts-across-cyprus
With the help of wind energy, the power cuts that occurred in various areas across Cyprus on Friday afternoon due to a technical failure in the generation system that affected generation units in Dhekelia and Vasilikos stopped....
https://knews.kathimerini.com.cy/en/news/power-outages-sweep-cyprus-after-technical-fault
A technical issue at 6 p.m. Wednesday caused widespread power outages across Cyprus, prompting the Cyprus Transmission System Operator (TSOC) to urge residents to cut back on electricity use....
https://knews.kathimerini.com.cy/en/news/uk-unemployment-falls-to-4-2
Britain’s unemployment rate fell to 4.2% in the second quarter, down from 4.4% in the previous quarter, according to data released Tuesday by the Office for National Statistics (ONS)....
https://knews.kathimerini.com.cy/en/news/cyprus-green-energy-struggles-as-market-changes-loom
Cyprus is gearing up for a major shake-up in its electricity market by 2025, but concerns are growing over how this will impact investments in renewable energy....
https://knews.kathimerini.com.cy/en/business/ft-global-stock-markets-tumble-amid-us-recession-fears
Global stock markets experienced significant declines on Monday as concerns about a potential US recession led investors to abandon risky assets....
https://knews.kathimerini.com.cy/en/business/bank-of-england-cuts-interest-rates-after-nearly-a-year-of-stability
The Bank of England (BoE) has cut interest rates for the first time since the start of the COVID-19 pandemic, dropping them from a 16-year high. This decision, made by a narrow 5-4 vote, reflects a split among policymakers about whether inflation is under control....
https://knews.kathimerini.com.cy/en/business/1-july-newsletter-of-k-treppides-co-ltd-cyprus-securities-and-exchange-commission
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/business/july-newsletter-of-k-treppides-co-ltd-cyprus-securities-and-exchange-commission
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/business/ft-unilever-to-cut-1-3-of-its-office-jobs-in-europe
Unilever, one of the largest distributors of consumer goods such as Dove, and BEn & Jerry's, Lipton, Knorr, etc., has announced plans to eliminate a third of its office-based roles in Europe by the end of 2025, ...
https://knews.kathimerini.com.cy/en/news/bronze-age-relics-unearthed-at-erimi-pitharka-limassol
The Erimi-Pitharka archaeological site, in Limassol district, dates to the Late Bronze Age, in accordance with previous findings, a press release issued by the Department of Antiquities of the Deputy Ministry of Culture says....
https://knews.kathimerini.com.cy/en/news/american-artist-turns-cyprus-ancient-stones-into-vibrant-art
Have you ever heard of any Cypriot artists climbing up into the mountains on an extremely hot day just to collect stones and extract colors?...
https://knews.kathimerini.com.cy/en/news/meet-kevin-the-world-s-tallest-dog
The Iowa great dane that was recently crowned the world’s tallest dog is the same height as the average three-year-old child – and is often mistaken for being a horse. ...
https://knews.kathimerini.com.cy/en/news/cyprus-cuts-migrant-arrivals-by-50-earns-european-praise
Cyprus continues to grapple with a significant migration challenge, a situation that has evolved into a complex and multifaceted issue. ...
https://knews.kathimerini.com.cy/en/business/cbc-chief-warns-tax-on-big-profits-could-hurt-economy
The new Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, expressed opposition to a windfall profits tax, which is a tax imposed by governments on companies that have experienced unexpectedly large profits,...
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-could-offset-ecb-rate-cut-benefits
The European Central Bank (ECB) cut its three key interest rates by 25 basis points on Thursday, marking the first reduction after nearly two years of increases or stasis. ...
https://knews.kathimerini.com.cy/en/news/ecb-to-implement-first-interest-rate-cut
The European Central Bank (ECB) is poised to execute its much-anticipated rate cut, scheduled to take effect on Thursday, June 6, 2024....
https://knews.kathimerini.com.cy/en/news/where-can-we-get-fuel-at-lower-prices
As the economic landscape continues to evolve, one sector offers a glimmer of relief: fuel prices. In a conversation with petrol station owner Kyriakos Louka, ...
https://knews.kathimerini.com.cy/en/business/may-newsletter-of-k-treppides-co-ltd-cyprus-securities-and-exchange-commission-european-securities-and-markets-authority
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/little-penguins-dwindle-to-120-amid-port-development-threats
A once-thriving population of little penguins on a tourist island off Perth’s coast has plummeted to no more than 120 birds, with plans to build a container port in nearby foraging grounds further threatening the survival of the colony....
https://knews.kathimerini.com.cy/en/news/biden-approves-over-$1-billion-in-arms-for-israel
The Biden administration has told key lawmakers it would send more than $1 billion in additional arms and ammunition to Israel......
https://knews.kathimerini.com.cy/en/news/cypriot-banks-set-to-exceed-2023-s-record-profits-in-2024
Cypriot banks are maintaining a low profile, but it's expected that 2024 will bring in higher profits compared to the record-breaking figures of 2023. ...
https://knews.kathimerini.com.cy/en/news/millions-saved-in-cyprus-pension-reform
The saga surrounding multiple pensions remains in limbo, as two bills navigate the corridors of power, scrutinized by the Presidential office, Cabinet, and Parliament....
https://knews.kathimerini.com.cy/en/news/experts-predict-few-coal-plants-to-survive-stricter-us-regulations
New climate rules imposed by Joe Biden’s administration requiring huge cuts in carbon pollution from coal-fired power plants will accelerate the decline of an industry that until recently provided most of America’s power, experts say, potentially even dealing a death blow to coal in the US....
https://knews.kathimerini.com.cy/en/news/melco-s-european-expansion-hit-by-tax-cuts-in-occupied-cyprus-casinos
Melco Resorts & Entertainment's grand venture, the City of Dreams Mediterranean, faces a dramatic twist in its European odyssey as northern Cyprus casinos brace for a tax overhaul. ...
https://knews.kathimerini.com.cy/en/news/former-central-bank-governor-reflects-on-achievements-and-future-plans
In an exclusive interview with Andreas Kimitris of Kathimerini, former Cyprus Central Bank Governor Constantinos Herodotou delved into various aspects of his tenure and the hurdles encountered during his term. ...
https://knews.kathimerini.com.cy/en/news/polar-bears-stranded-on-land-as-sea-ice-vanishes
If you’ve ever wanted to experience a day in the life of a polar bear, you’re in luck.
...
https://knews.kathimerini.com.cy/en/business/alternative-investments-and-portfolio-diversification
In contrast to traditional investments in stocks and bonds, portfolios incorporating alternative investments have historically offered higher returns, a trend that has become more prevalent in recent years. ...
