Search

31. CBC lowers GDP growth projections for 2023 and 2024

The Central Bank of Cyprus has revised its growth projections for 2023 and 2024. They now expect GDP growth to be 2.4% in 2023 and 2.7% in 2024, down from their previous forecasts of 2.6% and 2.8%. This is due to Western sanctions against Russia and the fragile external environment affecting professional and non-tourism services....

32. SSM chief urges banks to be prudent amidst soaring profits

The Chairman of the Single Supervisory Mechanism (SSM), Andrea Enria, has emphasized that the gains from high interest rates for banks will eventually come to an end....

33. Embracing digital opportunities for stronger bonds

Digitalization can be a powerful mechanism that brings Greek Cypriots and Turkish Cypriots closer together, provided that incentives are given. ...

34. Digital ''One-Stop-Shop'' to access renewable energy projects in 2024

The Ministry of Energy, Commerce, and Industry announced on Monday the launch of the online "Digital One Stop Shop" platform, an action of the Recovery and Resilience Plan "Cyprus - Tomorrow", which, in the first phase, concerns the digital submission of applications for the licensing of renewable energy projects....

35. Limassol hosts desalination conference

'Desalination for the Environment, Clean Water and Energy conference and exhibition' begins Tuesday in Limassol with the participation of more than 300 delegates from around the world and 30 exhibitors...

36. EY report: Governments need new ways of working to seize digital opportunities

Governments around the world are at risk of failing citizens through lack of digitalization, according to EY research presented in a new report: “How can government workers and technology align to serve future citizens?”. ...

37. EU's digital travel document plan faces backlash

The Commission of the European Union has officially launched a public consultation on the digitalization of travel documents and facilitation of travel, which requires EU citizens to share their opinions on the matter....

38. EY presents report on the Future of Banking in Cyprus

The report showcases the importance and contribution of Cypriot banks to the wider economy and society, and identifies current and upcoming challenges and opportunities...

39. The country's digitization and other stories

We heard a lot and very little during this election. Lots of one-liners, 'cockfighting', insults, and histrionics. Nothing was said regarding the substance. ...

40. More mergers and acquisitions needed to bolster competitiveness

Cyprus Economy and Competitiveness Council proposed the encouragement of acquisitions and mergers of Cyprus' companies in order to improve their competitiveness....

41. EC: 12 million euros for access to high-speed internet in Cypriot homes

European Commission approves 12 million euro Cypriot scheme to support household access to high-speed broadband services...

42. Kalopanayiotis and Pissouri - WTO's 'Best Tourism Villages' 2022

Kalopanayiotis and Pissouri, two Cypriot villages of Nicosia and Limassol districts respectively, are among the villages participating in the Upgrade Programme of the UN's World Tourism Organization (UNWTO) to become "Best Tourism Villages"....

43. Paphos to become a 'smart' city after launch of digital projects

Six smart and digital city projects implemented by the Municipality of Paphos were inaugurated on Thursday by Deputy Minister of Research, Innovation and Digital Policy Kyriakos Kokkinos....

44. €76.4m profit in first 9 months of 2022 for Hellenic

Hellenic Bank announced a profit of €76.4 million for the first 9 months of 2022. According to the Group Financial Results for the nine-month period, ...

45. Paphos and Seville named European Capitals for Smart Tourism 2023

The city of Paphos was officially named the European Capital of Smart Tourism for 2023, according to its Mayor Phedon Phedonos....

46. Cyprus' natural gas could be key to 'unlocking' the Cyprus problem

The three candidates for the Presidency of the Republic, Averof Neofytou, Andreas Mavroyiannis and Nikos Christodoulides, outlined their positions at an event on the delimitation of maritime zones in the Eastern Mediterranean",...

47. EY holds Cyprus Attractiveness Forum: Investment Realized, a reference point for FDI in Cyprus

The Cyprus Attractiveness Forum: Investment Realized, organized by EY in collaboration with the Cyprus Chamber of Commerce and Industry, took place on Tuesday, October 25th at the Parklane Hotel, in Limassol. ...

48. 1091 attendees at the Digital Agenda Cyprus Summit 2022

The fifth Digital Agenda Cyprus Summit was a resounding success. On Monday, October 17, 1091 delegates attended the conference, filling the Nicosia Municipal Theatre to capacity despite the continuous rain. ...

49. 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....

50. Self check-in and robots - the future of tourism in Cyprus

51. Metsola: 'Europe's bloc is made stronger by the discovery of so much natural gas in your country'

In anticipation of Roberta Metsola's visit to Cyprus on September 9th, Kathimerini's George Kakouris sits down with the European Parliament President and gets her take on the Cyprus problem, recently discovered natural gas reserves and the issue behind Cyprus' "golden passport" scandal....

52. Foreign Direct Investment in Europe a game of two halves: current volatility impacts strategy while long-term appeal instills confidence

Europe’s attractiveness for FDI has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, according to the latest annual EY European Attractiveness Survey....

53. Bank of Cyprus Drives Sustainable Digital Innovation in Financial Services with Kyndryl

Kyndryl, the world's largest IT infrastructure services provider and Bank of Cyprus, the leading banking and financial services group in Cyprus, announced an agreement to expand their collaboration with a new five-year managed IT services program that advances the Bank’s ESG commitments through 2030, by supporting the Bank’s levels of service, giving access and visibility to its products to all stakeholders....

54. Labor Minister Zeta Emilianidou has died aged 68

The Presidency of the Republic has expressed its deepest sorrow over the death of Labour and Social Insurance Minister Zeta Emilianidou....

55. K. Treppides & Co Ltd: Digitalization of the Global Tax Administration

In the era of the coronavirus pandemic, the digital revolution, and the ever-evolving globalization, the digitalization of the tax administration seems to be a one-way route. But what exactly is the digitalization of the tax administration and how this will affect the tax function around the globe?...

56. CNP CYPRUS Group: offer of a large number of Complete Computer Systems, to the Ministry of Education

The era of the pandemic has clearly highlighted the importance of new digital technologies in many aspects of our lives. On the road to the future, digitalization is a top priority for society, the economy and the government....

57. University of Nicosia Joins the European University Alliance NEOLAiA as a Full Member

The University of Nicosia announces that it has joined the European University Alliance, NEOLAiA (neoaliacampus.eu), as a full member. The alliance is currently preparing and will submit an application to the European Commission in March 2022 for a grant of 14.4 million euros over the next 4 years, under the European University Alliances funding scheme....

58. Reflections on 20 years of the euro

Twenty years ago on Saturday, around 300 million Europeans held a brand-new currency in their hands, the euro....

59. Cypriot banks to reduce costs

The President of the European Banking Authority speaks to "K"...

60. The largest tech conference in the region begins Tuesday in Cyprus

Speakers from around the world are gathering in Nicosia for the largest tech event in the region. ...