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12° Nicosia,
25 May, 2024
 

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Displaying results 1-30 of 2258 matches for query economy.

1. EIB injects over €5 billion into Cyprus projects

https://knews.kathimerini.com.cy/en/news/eib-injects-over-€5-billion-into-cyprus-projects

The European Investment Bank (EIB) has injected over €5 billion into various projects in Cyprus, contributing significantly to the island nation's development, said Kyriakos Kakouris, Vice-President of the Bank....

2. Where can we get fuel at lower prices?

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, ...

3. Over 4,000 fewer unemployed in Cyprus

https://knews.kathimerini.com.cy/en/business/over-4-000-fewer-unemployed-in-cyprus

Cyprus is rejoicing as the latest figures from the Statistical Service of Cyprus (Cystat) reveal a significant boost in its labor market, with the unemployment rate plummeting to a joyful 6% in the first quarter of 2024....

4. World Bank Tribunal backs Cyprus' 2013 bank measures

https://knews.kathimerini.com.cy/en/news/world-bank-tribunal-backs-cyprus-2013-bank-measures

Cyprus’ Attorney-General, George Savvides said on Thursday that a decision by the International Arbitral Tribunal of the World Bank on the case Theodoros......

5. Cyprus investment funds increase by €293 Million

https://knews.kathimerini.com.cy/en/news/cyprus-investment-funds-increase-by-€293-million

The total assets of investment funds in Cyprus grew by approximately €293 million, or 4.5%, in March 2024 compared to December 2023, reaching €6.78 billion....

6. Labor shortage hits Antiparos island

https://knews.kathimerini.com.cy/en/comment/opinion/labor-shortage-hits-antiparos-island

The small Aegean island of Antiparos is in a fever of preparations for the summer’s tourism miracle. ...

7. Berry bliss awaits you on May 24

https://knews.kathimerini.com.cy/en/life/berry-bliss-awaits-you-on-may-24

The sweet aroma of ripe strawberries will fill the air as Deryneia gears up for the annual Pancyprian Strawberry Festival on Friday, May 24, 2024, starting at 4:45 PM....

8. Cyprus Shipping Chamber marks 35 years with annual election

https://knews.kathimerini.com.cy/en/news/cyprus-shipping-chamber-marks-35-years-with-annual-election

The Cyprus Chamber of Shipping commemorated its 35th anniversary today with its annual election meeting in Limassol. ...

9. Banks stress need for government support in ESG initiatives

https://knews.kathimerini.com.cy/en/news/banks-stress-need-for-government-support-in-esg-initiatives

Banks are urging a combination of government and regulatory policies to achieve a healthy, effective, and optimal green transition in Cyprus....

10. Eurobank's Q1 profit boosted by €41M from Hellenic Bank investment

https://knews.kathimerini.com.cy/en/news/eurobank-s-q1-profit-boosted-by-41m-from-hellenic-bank-investment

Eurobank reported an adjusted net profit of €383 million for the first quarter of 2024, with €92 million originating from Cyprus. ...

11. Jet without wings promises NY-London flights in 4 hours

https://knews.kathimerini.com.cy/en/news/jet-without-wings-promises-ny-london-flights-in-4-hours

This spaceship-like aircraft promises to revolutionize the aviation industry with its unique ''wingless'' design, zero-emissions propulsion system......

12. Xi and Putin reinforce alliance with joint critique of US actions

https://knews.kathimerini.com.cy/en/news/xi-and-putin-reinforce-alliance-with-joint-critique-of-us-actions

China's President Xi Jinping and Russia's President Vladimir Putin on Thursday pledged a ''new era'' of partnership between their nations, presenting a united front against what they described as the United States' aggressive Cold War mentality and global destabilization efforts....

13. Cyprus among top 3 in Eurozone growth for 2024

https://knews.kathimerini.com.cy/en/news/cyprus-among-top-3-in-eurozone-growth-for-2024

Cyprus stands out as one of the top performers in the Eurozone, boasting a robust growth rate for the year 2024, as announced by government spokesperson Constantinos Letympiotis today....

14. Paphos remains the champion of property sales to foreign nationals

https://knews.kathimerini.com.cy/en/news/paphos-remains-the-champion-of-property-sales-to-foreign-nationals

Based on the Pancyprian Sales Statistics (excluding Cypriot citizens) Paphos remains the champion city in property sales for the current year 2024......

15. Bank of Cyprus earns €133 million in profits

https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-earns-€133-million-in-profits

The Bank of Cyprus has announced a robust profit of EUR 133 million for the first quarter of 2024, marking a significant increase from EUR 95 million in the same period last year....

16. Combatting money laundering: Insights from Katerina Sikioti Charalambaki

https://knews.kathimerini.com.cy/en/business/combatting-money-laundering-insights-from-katerina-sikioti-charalambaki

Money laundering poses a significant threat to the EU's economy and society, with organized crime generating revenues of at least €139 billion annually, as emphasized by Katerina Sikioti Charalambaki, a professor and lawyer at the High Court of Justice....

17. Kition Ocean Holdings accused of delaying Larnaca port upgrade

https://knews.kathimerini.com.cy/en/news/kition-ocean-holdings-accused-of-delaying-larnaca-port-upgrade

Stagnation has been observed on the government and company front regarding the redevelopment of the port and marina in Larnaca....

18. Cypriot banks set to exceed 2023's record profits in 2024

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. ...

19. Hoteliers express concern over slowdown in summer bookings

https://knews.kathimerini.com.cy/en/news/hoteliers-express-concern-over-slowdown-in-summer-bookings

The chair of the Cyprus Hotel Association (PASYXE), Thanos Michaelides, expressed concerns over a summer slowdown in bookings, fearing that 2024 might end with fewer reservations compared to last year. ...

20. Almost 253,000 euros in bounced cheques in early 2024

https://knews.kathimerini.com.cy/en/news/almost-253-000-euros-in-bounced-cheques-in-early-2024

Cyprus grapples with a surge in bounced cheques, as revealed by recent data from the Central Bank of Cyprus. The total value of these unreliable transactions skyrocketed to 252,988 euros in the first four months of 2024, marking a concerning trend in financial instability....

21. Home prices surge in Q4 2023

https://knews.kathimerini.com.cy/en/news/home-prices-surge-in-q4-2023

House prices in Cyprus continued their upward trajectory in the fourth quarter of 2023, with apartment prices being the primary driving force, as per a report released by the Central Bank of Cyprus on Tuesday....

22. Chinese president's visits to Serbia and Hungary yield new economic deals

https://knews.kathimerini.com.cy/en/news/chinese-president-s-visits-to-serbia-and-hungary-yield-new-economic-deals

When Chinese President Xi Jinping visited Hungary last week, he arrived to one of the few places in the European Union where his country is considered......

23. Invest Cyprus takes strides to boost investments on the island

https://knews.kathimerini.com.cy/en/news/invest-cyprus-takes-strides-to-boost-investments-on-the-island

Invest Cyprus, the national Investment Promotion Authority has been fervently working to position Cyprus as an appealing investment and business hub, ...

24. Apply for National Solidarity Fund Replenishment until May 25th

https://knews.kathimerini.com.cy/en/news/apply-for-national-solidarity-fund-replenishment-until-may-25th

Online applications for the Replenishment Scheme of the National Solidarity Fund will reopen on Tuesday and will remain open until May 25th, according to the Ministry of Finance....

25. International student numbers fall in UK universities

https://knews.kathimerini.com.cy/en/news/international-student-numbers-fall-in-uk-universities

Universities are reporting a steep drop in international students applying to come to the UK, amid warnings that further restrictions on student visas would torpedo a vital flow of talent for Britain’s creative industries....

26. Cyprus revs up its new car registrations

https://knews.kathimerini.com.cy/en/news/cyprus-revs-up-its-new-car-registrations

The Cyprus Statistical Service's latest report reveals a significant surge in motor vehicle registrations, marking a 33.5% increase to 17,589 in January-April 2024, compared to 13,180 in the same period of 2023....

27. Government employment surges by 5.2% in 2024

https://knews.kathimerini.com.cy/en/news/government-employment-surges-by-5-2-in-2024

Government employment surged by 5.2% in the first four months of 2024, reaching a total of 54,837 individuals, according to data released Monday by the Statistical Service. By April 2024, the number climbed further to 55,253, revealing a breakdown of personnel across various sectors....

28. Hadjimanoli: ''We hope to expand into the Asian market''

https://knews.kathimerini.com.cy/en/news/hadjimanoli-we-hope-to-expand-into-the-asian-market

Marina Hadjimanoli stepped into her role as Deputy Minister of Shipping amidst a period of upheaval, with the shipping sector grappling with various challenges including geopolitical conflicts and safeguarding supply chains against potential terrorist threats targeting merchant vessels....

29. Putin picks economist Belousov as defense chief, Shoigu switches gears

https://knews.kathimerini.com.cy/en/news/putin-picks-economist-belousov-as-defense-chief-shoigu-switches-gears

Russian President Vladimir Putin tapped a civilian economist as his surprise new defence minister on Sunday in an attempt to gird Russia for economic war by trying to better utilise the defence budget and harness greater innovation to win in Ukraine....

30. Cyfield in the spotlight as trouble brews over Nicosia's mega projects

https://knews.kathimerini.com.cy/en/news/1-cyfield-in-the-spotlight-as-trouble-brews-over-nicosia-s-mega-projects

A storm is brewing over a major project in Nicosia, as delays and ballooning costs spark concerns about fairness and oversight in public contracts, according to a report by Apostolos Tomaras....

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