https://knews.kathimerini.com.cy/en/comment/opinion/the-2023-investment-chessboard
Today's data is completely different from what it was a year ago in terms of investment....
https://knews.kathimerini.com.cy/en/news/lowest-number-of-road-deaths-recorded-in-2022
The Ministry of Transport, Communications and Works announced that 2022 was the year with the lowest number of road fatalities (37) with a decrease of 17.8%% compared to 2021....
https://knews.kathimerini.com.cy/en/news/cyprus-public-hospitals-swarmed-viral-infection-cases
State hospitals have witnessed an increased flow of patients with viral infections a spokesman for the State Health Services Organization told CNA, adding that occupancy in all pediatric clinics is particularly high due to viral infections...
https://knews.kathimerini.com.cy/en/news/cash-still-king-as-cypriots-take-digital-leap
The growing preference of Cypriots for digital means of payment, but also the desire to maintain the ability to pay with cash and checks, are the main conclusions of the report of the Central Bank of Cyprus on Retail Payments in Cyprus for the years 2014-2021...
https://knews.kathimerini.com.cy/en/news/€651-4-million-of-government-surplus-recorded-until-september-2022
Cyprus' general government surplus rose to 651.4 million for the period of July-September 2022 compared with a surplus of €319.5 mn recorded in the respective period of last year, according to preliminary general government fiscal results....
https://knews.kathimerini.com.cy/en/business/what-did-cypriot-consumers-purchase-in-2022
Cashless transactions have significantly increased since businesses are now required to accept credit or debit cards. Card payments now account for approximately 72% of all commercial transactions, rather than cash. ...
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/students-most-frequent-internet-users-in-cyprus
Students are the group most frequently connected to the internet (99%), according to the results of the 2022 household information and communication technology usage survey, published by the Statistical Service on Thursday...
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/fewer-building-permits-were-registered-in-september-down-from-august
Building permits issued in Cyprus in September marked a new annual reduction with the construction sector negatively affected by spikes in construction costs, amid uncertainty generated by the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/new-zealand-becomes-the-world-s-first-smoke-free-country
As the first nation to adopt this policy and even pass a draft law, New Zealand has set the goal of getting the younger generation to stop smoking....
https://knews.kathimerini.com.cy/en/news/finland-more-kids-with-foreign-ancestry-were-born-in-2021
Finnish residents with foreign backgrounds have a higher birth rate compared to the native-born, including both men and women, the statistics show....
https://knews.kathimerini.com.cy/en/business/trade-deficit-jumps-to-€6-17-billion-in-january-–-october-2022
Cyprus’ trade deficit jumped to €6.17 billion for the period from January to October 2022, surpassing the deficit for the full year 2022 amounting to €5.24 billion, amid price hikes mainly driven by the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/prices-of-basic-consumer-goods-fluctuating-wildly
The average retail price levels in effect on December 7, 2022, compared to November 9, 2022, show that prices for basic consumer goods are staggering....
https://knews.kathimerini.com.cy/en/news/the-2023-budget-in-the-vortex-of-the-elections
The government of President Anastasiades has just submitted its final budget, for 2023. DISY will undoubtedly support the budget, but it will be interesting to see what position it will take if and when the polls are confirmed....
https://knews.kathimerini.com.cy/en/news/vehicle-registrations-up-7-2-annually-in-november
Vehicle registrations increased yearly by 7.2% in November 2022, according to a report published on Thursday by the Statistical Service. Total registrations of vehicles in November numbered 2,522, compared to 2,353 in November 2021.
...
https://knews.kathimerini.com.cy/en/news/over-half-a-billion-euro-government-surplus-so-far-this-year
Preliminary General Government fiscal results indicate a surplus of €556.4 mn for the period of January-October 2022, according to data prepared and published by the Statistical Service of Cyprus on Wednesday....
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/news/economic-sentiment-in-cyprus-deteriorates-slightly-in-november
In November 2022, economic sentiment in Cyprus deteriorated slightly, as the Economic Sentiment Indicator decreased by 0.5 points compared with October 2022, according to the Business and Consumer Survey by the University of Cyprus...
https://knews.kathimerini.com.cy/en/business/small-number-of-banks-meeting-new-loan-demand
The net demand for loans from businesses in Cyprus decreased in the third quarter of 2022, and banks anticipate a similar decline in the net demand for loans from businesses and households in all loan categories in the fourth quarter of 2022 compared to the third quarter.
...
https://knews.kathimerini.com.cy/en/business/more-routes-and-airline-seats-for-the-winter
The announcements by Ryanair in the morning and Wizz Air on Monday afternoon to increase the fleet at Cypriot airports and add new routes clearly pleased Hermes Airports and the tourism industry in general,...
https://knews.kathimerini.com.cy/en/business/petrides-the-casino-will-attract-hundreds-of-thousands-of-tourists
The government is handing over a modern, more dynamic tourism product that has the capacity to further develop, said on Tuesday Finance Minister Constantinos Petrides in addressing the 44th Cyprus Hotel Summit and Exhibition organized by the Hoteliers’ Association....
https://knews.kathimerini.com.cy/en/business/cypriot-registered-ships-decrease-by-21-due-to-sanctions
A large number of tankers that previously sailed under European Union flags, such as Cyprus and Malta’s, are leaving those registers as a result of the sanctions on Russian oil transportation....
https://knews.kathimerini.com.cy/en/business/anastasiades-reduction-of-tender-offers-not-due-to-lack-of-trust
There has been an acceleration of the growth rate of public investments, Cyprus President, Nicos Anastasiades, said on Friday, upon receiving the annual report of the Tenders Review Authority from its Chairwoman, Efi Papadopoulou....
https://knews.kathimerini.com.cy/en/business/boc-profits-for-first-nine-months-gobbled-up-by-voluntary-retirement-plan
The bank reported 9 million euro losses following the summer departure of 550 employees, which cost it 104 million....
https://knews.kathimerini.com.cy/en/news/ftx-s-european-operations-suspended-indefinitely
The company is taking a wait-and-see approach until further notice in order to deal with FTX International and the more than $8 billion hole it has created...
https://knews.kathimerini.com.cy/en/news/temporary-hiring-boosts-government-employment-by-0-5-year-on-year-in-october
Total government employment in Cyprus rose by 0.5% year on year in October reaching 53,271 persons compared to 53,008 persons in October last year....
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/tomatoes-and-potatoes-now-regarded-as-luxury-items
The Consumer Protection Agency published the retail prices of basic consumer goods on Friday with a reference date of 9/11/2022. The retail prices show significant price increases for potatoes and tomatoes and price decreases for some fish and legumes....
https://knews.kathimerini.com.cy/en/business/slump-in-car-sales-recorded-in-october
Total car sales dropped significantly in October 2022 compared with the month before mainly due to the steep drop in passenger saloon cars....
