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12° Nicosia,
19 March, 2024
 

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Displaying results 1-30 of 2094 matches for query economy.

1. Cyprus and EU allies forge €7.4B deal with Egypt to transform energy landscape

https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-allies-forge-€7-4b-deal-with-egypt-to-transform-energy-landscape

European Union and Egyptian leaders joined forces on Sunday to sign a substantial €7.4 billion financial package aimed at bolstering Egypt's economy, enhancing energy trade with Europe, and addressing irregular migrant flows....

2. Greek and Cypriot banks forge partnerships for regional infrastructure projects

https://knews.kathimerini.com.cy/en/business/greek-and-cypriot-banks-forge-partnerships-for-regional-infrastructure-projects

The Cypriot banking sector is poised to support significant projects with regional geopolitical implications....

3. Cypriots feel downbeat amid global events

https://knews.kathimerini.com.cy/en/news/cypriots-feel-downbeat-amid-global-events

A recent survey conducted by the Cyprus Association of Opinion Poll and Market Research Enterprises (SEDEAK) has revealed a prevailing sense of pessimism among Cypriots regarding the future of Cyprus...

4. KEDIPES successfully sells €58.4M portfolio to reduce debt

https://knews.kathimerini.com.cy/en/business/kedipes-successfully-sells-€58-4m-portfolio-to-reduce-debt

The Cyprus Asset Management Company (KEDIPES) announced Thursday the successful completion of a sale of performing and restructured loan portfolios to Bank of Cyprus Public Company Limited, with a combined gross book value of €58.4 million as of December 31, 2022....

5. EU simplifies work permit rules for third country nationals

https://knews.kathimerini.com.cy/en/news/eu-simplifies-work-permit-rules-for-third-country-nationals

The European Parliament recently voted on new rules for non-EU citizens who want to work and live in the EU. These rules aim to simplify the process of obtaining a work and residence permit....

6. Eurobank expands to India via Cyprus

https://knews.kathimerini.com.cy/en/news/eurobank-expands-to-india-via-cyprus

Eurobank, a leading Greek financial institution, is poised to establish a representative office in Mumbai, India's bustling financial hub, signaling its strategic foray into the Indian market. ...

7. Over 100M euros has passed through Cyprus customs

https://knews.kathimerini.com.cy/en/news/over-100m-euros-has-passed-through-cyprus-customs

The Customs Department, along with the MOKAS and the Police, addressed the issue of money laundering controls in the Republic of Cyprus during a session held today by the Parliamentary Institutions Committee....

8. Cyprus paves the way in its ambitious road infrastructure agenda

https://knews.kathimerini.com.cy/en/news/cyprus-paves-the-way-in-its-ambitious-road-infrastructure-agenda

In an exclusive interview with Maria Eracleous of ''K,'' Eleftherios Eleftheriou, Director of Cyprus's Public Works Department, provided updates on critical infrastructure projects across the island nation....

9. Filipino seafarers return home after surviving Yemen missile attack

https://knews.kathimerini.com.cy/en/news/filipino-seafarers-return-home-after-surviving-yemen-missile-attack

Eleven Filipino seafarers finally reached the shores of the Philippines on Tuesday, nearly a week after enduring a harrowing missile attack by Houthi rebels off the coast of Yemen....

10. The ripple effect of Houthi attacks on Cyprus' maritime industry

https://knews.kathimerini.com.cy/en/business/the-ripple-effect-of-houthi-attacks-on-cyprus-maritime-industry

From super yachts to shipping giants, the Houthi insurgency's impact and sparking a call for global unity. Subtitle: ...

11. Cyprus praises EU financial plan for 2025

https://knews.kathimerini.com.cy/en/news/cyprus-praises-eu-financial-plan-for-2025

The joint statement on the orientation of the eurozone’s fiscal policy for 2025 satisfies Cyprus as it validates the cautious and conservative fiscal policy that Cyprus has followed so far, Minister for Finance Makis Keravnos said in Brussels, where he was attending the meeting of the Eurogroup on Monday....

12. The feathered ''employees'' of Akaki Grove

https://knews.kathimerini.com.cy/en/news/the-feathered-employees-of-akaki-grove

When Elena Christoforou was five years old, her godfather, who lived in England, had given her a BBC videotape, a series narrated by David Attenborough ...

13. Cyprus: A familiar economic space for Greece

https://knews.kathimerini.com.cy/en/news/cyprus-a-familiar-economic-space-for-greece

In an interview conducted by Kathimerini reporter Panayiotis Rougalas, Greece's Central Bank Governor, Mr. Yiannis Stournaras, sheds light on various aspects of the country's monetary policy and economic landscape....

14. Eurobank Cyprus reports €199.4M profits in 2023

https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-reports-€199-4m-profits-in-2023

Eurobank Cyprus unveiled its financial results for 2023, boasting a profit of €199.4 million, marking a significant increase of €105.1 million or 111% compared to 2022. ...

15. Unemployment rate drops while inflation inches up

https://knews.kathimerini.com.cy/en/news/unemployment-rate-drops-while-inflation-inches-up

The latest data from the Cyprus Statistical Service reveals a positive shift in the country's economic landscape, with the unemployment rate falling to 5.9% in the fourth quarter of 2023, compared to 6.9% in the same period the previous year....

16. Monastery in Cyprus under fire for misconduct

https://knews.kathimerini.com.cy/en/news/monastery-in-cyprus-under-fire-for-misconduct

Immediate was the response of the Holy Synod of the Church of Cyprus to the developments concerning monks of the Monastery of Saint Avvakoum in Fterikoudi. ...

17. ECB considers rate cut despite falling inflation

https://knews.kathimerini.com.cy/en/news/ecb-considers-rate-cut-despite-falling-inflation

The European Central Bank is set to keep interest rates at record highs on Thursday and take baby steps towards cutting them in the coming months as inflation continues to fall despite stubbornly high underlying price pressures....

18. Employers' organizations cry foul as water price cap sparks debate

https://knews.kathimerini.com.cy/en/business/employers-organizations-cry-foul-as-water-price-cap-sparks-debate

In a decision that pleased consumers but left employer organizations dissatisfied, the Council of Ministers approved a bill on Wednesday that grants the minister the authority to set a maximum price for specific products, ...

19. Hotel industry faces backlash over residence fees

https://knews.kathimerini.com.cy/en/news/hotel-industry-faces-backlash-over-residence-fees

The inclusion of a residence tax within the framework of the green tax reform, affecting hotels, tourist accommodations, and Airbnb, is expected to trigger reactions within the hotel industry....

20. Cyprus announces aid package for victims of Limassol tornado

https://knews.kathimerini.com.cy/en/news/cyprus-announces-aid-package-for-victims-of-limassol-tornado

In response to the recent tornado and extreme weather conditions that struck the Limassol Province on February 14, 2024, the Cyprus government has unveiled a comprehensive aid package to assist affected individuals and properties....

21. Air China's Athens-Beijing route booms with 128% capacity increase

https://knews.kathimerini.com.cy/en/news/air-china-s-athens-beijing-route-booms-with-128-capacity-increase

Air China and Athens International Airport celebrated on Tuesday the expansion of the Chinese flagcarrier’s scheduled service between Athens and Beijing as of next month, with an extra two flights per week and the use of even greater aircraft on the route....

22. Forest Park hotel acquisition joins Cyprus' mountain peaks investment

https://knews.kathimerini.com.cy/en/news/forest-park-hotel-acquisition-joins-cyprus-mountain-peaks-investment

Investment interest in the mountainous areas of the island continues to surge, a trend observed in recent years......

23. KEDIPES preps for major loan sell-off, boosting Cyprus banks

https://knews.kathimerini.com.cy/en/news/kedipes-preps-for-major-loan-sell-off-boosting-cyprus-banks

In a strategic move to streamline its assets, KEDIPES is gearing up to offload a second batch of performing loans, hot on the heels of its €58 million deal with the Bank of Cyprus....

24. Australia and Cyprus embrace renewable energy collaboration

https://knews.kathimerini.com.cy/en/news/australia-and-cyprus-embrace-renewable-energy-collaboration

In a recent interview with GOLD magazine, Fiona McKergow, the Australian High Commissioner to Cyprus, sheds light on the burgeoning connections between the two nations....

25. President's ''fireside chat'' with chosen few unveils triumphs and controversy

https://knews.kathimerini.com.cy/en/news/president-s-fireside-chat-with-chosen-few-unveils-triumphs-and-controversy

In an interchannel interview held to evaluate the first year in office, President of the Republic Nikos Christodoulides commenced proceedings a few minutes after 20:30. ...

26. President Christodoulides' candid year-one address

https://knews.kathimerini.com.cy/en/news/president-christodoulides-candid-year-one-address

In a televised address marking the completion of his first year in office, President Nikos Christodoulides highlighted the achievements and priorities of his administration. Emphasizing transparency and accountability, the President outlined the following key areas of focus:...

27. Job market improves and industrial sector grows

https://knews.kathimerini.com.cy/en/news/job-market-improves-and-industrial-sector-grows

In good news for Cyprus, the latest data from the Cyprus Statistical Service (CyStat) reveals a positive trend in the job market. In February 2024, the number of people registering as unemployed dropped by 13.8%...

28. Fuel prices soar, consumers brace for double blow

https://knews.kathimerini.com.cy/en/news/fuel-prices-soar-consumers-brace-for-double-blow

Fuel prices are on an upward trajectory week by week, with an approximate increase of 13 cents per liter. Speaking to Oriana Papantoniou on Diaspora News, Spor FM, Christodoulos Christodoulou,...

29. Turkey's February inflation hits 67.07%, raises policy concerns

https://knews.kathimerini.com.cy/en/news/turkey-s-february-inflation-hits-67-07-raises-policy-concerns

Turkey's annual inflation rate surged to 67.07% in February, surpassing expectations and sustaining pressure for a stringent monetary policy. Finance Minister Mehmet Simsek acknowledged that inflation would remain high in the coming months due to base effects and the delayed impact of previous rate hikes....

30. Christodoulides reflects on his first year in office

https://knews.kathimerini.com.cy/en/news/christodoulides-reflects-on-his-first-year-in-office

On the anniversary of completing one year in office, President Nicos Christodoulides is set to present his inaugural report tonight, detailing the progress made since his inauguration in the areas of Cyprus, the economy, and internal governance....

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