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/new-loans-drop-in-august-for-the-second-month-in-a-row
Net new lending granted by Cyprus Banks fell in August by €182.3 million, recording a decrease for the second month in a row....
https://knews.kathimerini.com.cy/en/news/investigating-russian-remittances-to-mount-athos
The Money Laundering Authority is investigating suspicious money transfers from abroad to the individual accounts of monks on Mount Athos....
https://knews.kathimerini.com.cy/en/news/cannabis-sentence-overturned-for-‘research-purposes
A man in Cyprus who was jailed on a cannabis conviction is to be set free on a suspended sentence after his lawyer argued before the Supreme Court that a lower court completely discounted her client being into narcotics research and not illegal drug trade...
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)
...
https://knews.kathimerini.com.cy/en/business/self-employed-more-at-risk-of-poverty-in-cyprus-and-eu-in-2021
In 2021, almost a quarter (23.6%) of all self-employed people aged 18 years and over in the EU were at risk of poverty and social exclusion....
https://knews.kathimerini.com.cy/en/news/ask-wire-index-apartments-lead-the-way-in-sale-and-rent-price-hikes-in-q2
Ask WiRE, a company combining real estate know-how with technology has published its Q2 2022 edition of the Ask WiRE Index for property sale and rental values. The Ask WiRE Index covers all districts and main property types, with values from Q4 2009....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-a-cat-has-nine-lives-so-does-the-cyprus-property-market
Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....
https://knews.kathimerini.com.cy/en/business/profits-of-€55-4-million-in-first-half-of-2022-for-hellenic-bank
Hellenic Bank reported a profit of EUR 55.4 million for the first half of 2022, compared to a profit of EUR 21 million in the corresponding half of 2021....
https://knews.kathimerini.com.cy/en/business/construction-materials-recorded-an-annual-increase-of-16-69-in-august
The Construction Materials Price Index increased by 16.69% in August 2022 compared to August 2021....
https://knews.kathimerini.com.cy/en/news/mario-nava-energy-can-strengthen-the-connection-between-the-two-communities
In an interview with Kathimerini, Mario Nava touches on a number of issues with regard to the Cyprus Problem, including how trade between the two communities is the only answer to smuggling, the progress in the implementation of the Halloumi case and the role of the EU in future Cyprus talks....
https://knews.kathimerini.com.cy/en/news/job-vacancies-up-by-an-annual-50-in-cyprus
Job vacancies in the Cypriot labor market rose by 3,716 or by 50.2% in the second quarter of 2022 with the job vacancy rate amounting to 2.7%....
https://knews.kathimerini.com.cy/en/news/germany-to-revise-immigrant-laws-to-allow-more-skilled-migrant-workers
In the coming months, the German Ministry of Labor will come forward with a proposal to the federal government to introduce a new immigration option for skilled foreigners....
https://knews.kathimerini.com.cy/en/news/inflation-hits-8-9-in-august
Inflation in August 2022 increased by 8.9% in Cyprus, according to data published by the Statistical Service of Cyprus on Friday. The Consumer Price Index decreased by 0.29 units and reached 113.34 units, compared to 113.63 units in July 2022, with the drop in petroleum product prices being mainly responsible for the decrease....
https://knews.kathimerini.com.cy/en/news/cypriot-economic-sentiment-at-17-month-low
The economic sentiment in Cyprus deteriorated in August to a 17-month low, as the Economic Sentiment Indicator (ESI-CypERC) decreased by 4.5 points compared with July 2022....
https://knews.kathimerini.com.cy/en/news/€835-million-in-tourism-revenue-in-the-first-half-of-2022
Tourism revenue reached €835.7 million in the first half of 2022, showing a large increase compared to the corresponding period of 2021, while in relation to the first half of 2019, the record year for Cypriot tourism, there is a decrease of 16.7%....
https://knews.kathimerini.com.cy/en/news/deposits-and-loans-decrease-in-july
In July 2022, total deposits reached €51.2 billion and total loans €28.6 billion, recording a net decrease, compared to June. This is what data on Monetary and Financial Institutions' deposits and loans show,...
https://knews.kathimerini.com.cy/en/news/increase-in-new-asylum-applications-in-cyprus-and-eu
In May 2022, first-time asylum applicants in the European Union increased by 17% compared to April 2022, and by 89% compared to May 2021, according to monthly asylum data published by Eurostat, the statistical office of the EU....
https://knews.kathimerini.com.cy/en/news/cyprus-unemployment-rate-at-6-8-in-2nd-quarter-of-2022
The unemployment rate in Cyprus was 6.8% of the labor force in the 2nd quarter of 2022, recording a decrease of 1.6% compared to the corresponding quarter of 2021....
https://knews.kathimerini.com.cy/en/business/cyprus-produces-more-honey-for-export-outside-the-eu
Honey imports into Cyprus from countries outside the European Union decreased in the period 2016 - 2021, while honey exports to countries outside the EU increased in the same period, according to data published by Eurostat on the occasion of World Bee Day United Nations on August 20....
https://knews.kathimerini.com.cy/en/news/eac-this-is-how-corrections-will-be-made-on-erroneous-accounts
Since errors in electricity bills were discovered, the Electricity authority has received thousands of Viber and WhatsApp messages and emails with photos and meter numbers from panicked consumers trying to report the problem on their own bills....
https://knews.kathimerini.com.cy/en/news/unprecedented-rise-in-dog-abandonments-this-year
Dog shelters in Cyprus are "filled to the brim", volunteers say, as they are daily called to take in abandoned dogs, while adoptions from the UK – where the majority of dogs go to – have plunged due to Brexit, the pandemic and the economic crisis....
https://knews.kathimerini.com.cy/en/news/17-3-of-the-population-were-at-risk-of-poverty-or-social-exclusion-in-2021
Slightly more than 17% of the population in Cyprus were in 2021 at risk of poverty or social exclusion....
https://knews.kathimerini.com.cy/en/news/cyprus-gdp-up-by-6-1-during-second-quarter-of-2022
Cyprus recorded a positive GDP growth during the second quarter of 2022, according to a Flash Estimate announced on Wednesday by the Statistical Service of the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/business/rics-cyprus-property-price-index-with-kpmg-in-cyprus-announces-results-of-q2-2022
KPMG in Cyprus announces that the ''RICS Cyprus Property Price Index with KPMG in Cyprus'' has been issued for Q2 2022....
https://knews.kathimerini.com.cy/en/news/fuel-a-whopping-60-more-expensive-in-2022
Cyprus Minister of Health, Michalis Hadjipantela, is in contact with his counterparts in neighboring countries, asking them to supply Cyprus with vaccines for monkeypox, the Minister's Communications Advisοr Konstantinos Athanasiou told CNA....
https://knews.kathimerini.com.cy/en/business/inflation-in-cyprus-creeps-close-to-11-in-july
Inflation in July 2022, hit the double-digit mark, recording an increase of 10.9%, with the Consumer Price Index increasing by 1.39 units and reaching 113.63 units compared to 112.24 units in June 2022....
https://knews.kathimerini.com.cy/en/news/rainwater-everywhere-contains-unsafe-levels-of-forever-chemicals
Rainwater everywhere on Earth has been found to contain dangerous levels of man-made 'forever chemicals' linked to cancer and other illnesses, a study has found....
https://knews.kathimerini.com.cy/en/news/july-unemployment-down-25-compared-to-same-period-in-2021
Unemployment in Cyprus decreased by 25.4% in July 2022, compared to the same month of 2021. According to data published by the Statistical Service on Wednesday, the unemployed persons, registered at the District Labour Offices on the last day of July 2022, reached 14,145 persons, down from 18,950 registered in July 2021....
https://knews.kathimerini.com.cy/en/news/deposit-interest-rates-remained-close-to-zero-levels-in-june
Deposit interest rates remained at close to zero levels in June with lending rates showing small variations, according to data released on Tuesday by the Central Bank of Cyprus (CBC)....
