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23 July, 2024
 

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Displaying results 151-180 of 2368 matches for query economy.

151. China's leader targets Hungary, Serbia for investments

https://knews.kathimerini.com.cy/en/news/china-s-leader-targets-hungary-serbia-for-investments

Chinese leader Xi Jinping will spend most of his five-day tour in Europe this week in two small countries in the continent’s eastern half, a region that Beijing has used as a foothold for its expanding economic ambitions in Europe....

152. Cyprus unemployment falls to 6%, similar to EU average

https://knews.kathimerini.com.cy/en/business/cyprus-unemployment-falls-to-6-similar-to-eu-average

Unemployment in Cyprus dipped to 6% in March, aligning with the EU average and staying below the eurozone average of 6.5%, as per data disclosed by Eurostat, the EU's statistical office, on Friday....

153. Few coal plants to survive stricter US regulations

https://knews.kathimerini.com.cy/en/news/experts-predict-few-coal-plants-to-survive-stricter-us-regulations

New climate rules imposed by Joe Biden’s administration requiring huge cuts in carbon pollution from coal-fired power plants will accelerate the decline of an industry that until recently provided most of America’s power, experts say, potentially even dealing a death blow to coal in the US....

154. Cyprus bolsters anti-money laundering arsenal

https://knews.kathimerini.com.cy/en/news/cyprus-bolsters-anti-money-laundering-arsenal

The Cyprus government has reaffirmed its steadfast dedication to upholding international standards in combating money laundering and terrorism financing, as outlined in a press release by the Presidency of the Republic....

155. Cyprus records 3.2% drop in March fuel sales

https://knews.kathimerini.com.cy/en/news/cyprus-records-3-2-drop-in-march-fuel-sales

Total sales of petroleum products declined by 3.2% year on year in March with sales amounting to 108,200 tonnes. ...

156. Cyprus navigates economic uncertainty with strong economic reserves

https://knews.kathimerini.com.cy/en/business/cyprus-navigates-economic-uncertainty-with-strong-economic-reserves

Cyprus is sitting pretty with a lot of cash in the bank, and it's good news for handling any economic bumps in the road. The government's stash of nearly €2.83 billion can cover a big chunk of its debts due in the next year....

157. MP Neofytou proposes €11,000 immediate payout for solidarity fund recipients

https://knews.kathimerini.com.cy/en/news/mp-neofytou-proposes-11-000-immediate-payout-for-solidarity-fund-recipients

Democratic Rally MP Averof Neophytou has unveiled a groundbreaking initiative aimed at alleviating financial burdens for beneficiaries of the Solidarity Fund....

158. Consumer Agency reports stable Easter prices with some increases

https://knews.kathimerini.com.cy/en/news/consumer-agency-reports-stable-easter-prices-with-some-increases

Prices of 18 Easter products are holding steady at last year's levels, with some exceptions showing significant increases, according to findings from the Consumer Protection Agency under the Ministry of Energy, Trade, and Industry....

159. Scotland's leader Yousaf steps down amidst turmoil

https://knews.kathimerini.com.cy/en/news/scotland-s-leader-yousaf-steps-down-amidst-turmoil

Scotland's leader Humza Yousaf resigned on Monday, further opening the door to the UK opposition Labour Party regaining ground in its former Scottish heartlands during a national election expected to be held later this year. ...

160. European airfares hit 20-30% increase from 2019 to 2023

https://knews.kathimerini.com.cy/en/news/european-airfares-hit-20-30-increase-from-2019-to-2023

Throughout the summer of 2023, air travel across Europe witnessed a significant uptick in prices, with fares soaring 20 to 30% higher compared to pre-pandemic levels in 2019, according to recent data from E data.E. released in October....

161. Former Central Bank Governor reflects on achievements and future plans

https://knews.kathimerini.com.cy/en/news/former-central-bank-governor-reflects-on-achievements-and-future-plans

In an exclusive interview with Andreas Kimitris of Kathimerini, former Cyprus Central Bank Governor Constantinos Herodotou delved into various aspects of his tenure and the hurdles encountered during his term. ...

162. Macron declares ''Europe is mortal,'' calls for unity

https://knews.kathimerini.com.cy/en/news/macron-declares-europe-is-mortal-calls-for-unity

The 27-country bloc needs to urgently rethink its defence and economic models to not fall behind its rivals, the French leader said. ...

163. Cyprus reports €133.1 million increase in March loans

https://knews.kathimerini.com.cy/en/news/cyprus-reports-€133-1-million-increase-in-march-loans

In March, both total deposits and loans saw an upward trend, with liquidity (the difference between loans and deposits) exceeding €27 billion, according to statistics on deposits and loans from Monetary Financial Institutions published today by the Central Bank of Cyprus. ...

164. Eurobank set to dominate Cyprus' insurance scene with Hellenic stake

https://knews.kathimerini.com.cy/en/news/eurobank-set-to-dominate-cyprus-insurance-scene-with-hellenic-stake

As Eurobank eagerly anticipates the green light from regulatory bodies such as the European Central Bank, the Central Bank of Cyprus, and the Companies Registrar for its acquisition of 55% ownership......

165. Cyprus Central Bank sets interest rate limit at 11.42%

https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-sets-interest-rate-limit-at-11-42

The Central Bank of Cyprus determined the reference interest rate to be 11.42%, exercising its powers under article 314A of the Cyprus Penal Code, Cap.154, and in accordance with the provisions of the said article....

166. The birth of Bank of Cyprus in 1899

https://knews.kathimerini.com.cy/en/news/the-birth-of-bank-of-cyprus-in-1899

The narrative of the Bank of Cyprus, the venerable cornerstone of the island's financial landscape, traces its origins back to January 1, 1899. This pivotal moment heralded a new era not only for Cyprus's economy but also for its societal fabric....

167. €182M deal marks Hellenic's strategic move into insurance sector

https://knews.kathimerini.com.cy/en/business/€182m-deal-marks-hellenic-s-strategic-move-into-insurance-sector

CNP Cyprus, the subsidiary of the French insurance giant CNP Assurances, is finally being transferred to Hellenic Bank for €182 million....

168. New investment frontier opens for citizens

https://knews.kathimerini.com.cy/en/news/new-investment-frontier-opens-for-citizens

Citizens now have access to and can invest in bonds issued by the Republic of Cyprus. In a recent auction by the Public Debt Management Office......

169. Cyprus welcomes foreign workers amidst hotel staffing crisis

https://knews.kathimerini.com.cy/en/news/cyprus-welcomes-foreign-workers-amidst-hotel-staffing-crisis

The accord forged by the Ministry of Labour alongside employer and trade union representatives to tackle workforce shortages, especially prevalent......

170. ''Cyprus Travel Expo 2024'', a hit with 10,000 visitors

https://knews.kathimerini.com.cy/en/news/cyprus-travel-expo-2024-a-hit-with-10-000-visitors

The Cyprus Travel and Tourism Agents Association (ACTΤA) and Display Art Plc orchestrated a resounding success with the 25th Travel Expo Cyprus, held from April 19th to 21st, 2024, at the prestigious Cyprus State Fairgrounds. ...

171. Imported wine squeezes Cyprus market

https://knews.kathimerini.com.cy/en/business/imported-wine-squeezes-cyprus-market

According to Kathimerini reporter, Andreas Karamitas, wine marketing in Cyprus boasts an annual turnover of approximately €7 million, a sum primarily fueled by domestic consumption rather than exports, which only account for around €1 million. ...

172. Confusion clouds real estate policies in Cyprus

https://knews.kathimerini.com.cy/en/news/confusion-clouds-real-estate-policies-in-cyprus

In the current real estate landscape, confusion reigns supreme, even surpassing the realm of uncertainty, according to an op-ed written by Andreas Andreou, CEO of APS Andreou Property Strategy - Chartered Surveyors. ...

173. President advocates for innovation centers to pursue commercialization and self-financing

https://knews.kathimerini.com.cy/en/news/president-advocates-for-innovation-centers-to-pursue-commercialization-and-self-financing

Centres of Excellence should pursue commercialisation aiming at self-financing, the President of the Republic, Nikos Christodoulides said at the inauguration......

174. Commonwealth ministers meet in Cyprus to safeguard the oceans

https://knews.kathimerini.com.cy/en/news/commonwealth-ministers-meet-in-cyprus-to-safeguard-the-oceans

At a pivotal moment for our planet, representatives from 28 Commonwealth nations convened in Cyprus to shape the destiny of our oceans....

175. Agreement reached on foreign worker policy

https://knews.kathimerini.com.cy/en/news/agreement-reached-on-foreign-worker-policy

In a significant development, all social partners have come to an agreement regarding the participation of foreign workers in Cyprus' labor market. Labour and Social Partners Minister Yannis Panagiotou announced the breakthrough, highlighting the importance of cooperation among stakeholders in addressing challenges facing the job market....

176. Cyprus ends 2023 with €918.7 million fiscal surplus

https://knews.kathimerini.com.cy/en/news/cyprus-ends-2023-with-€918-7-million-fiscal-surplus

Cyprus's financial report card for 2023 is in, and it's showing some positive signs. According to the Statistical Service of Cyprus, the country ended the year with a fiscal surplus of €918.7 million. That's like having extra money left over after paying all the bills....

177. Cypriot banks predicted to surpass €1.2 billion profits in 2024

https://knews.kathimerini.com.cy/en/news/cypriot-banks-predicted-to-surpass-€1-2-billion-profits-in-2024

In a landmark year, Cypriot banks soared to unprecedented heights, boasting profits exceeding €1.1 billion in 2023....

178. Summer optimism in Cyprus tourism despite regional uncertainty

https://knews.kathimerini.com.cy/en/news/summer-optimism-in-cyprus-tourism-despite-regional-uncertainty

Tourism in Cyprus soared last March, boasting a 9.8% increase, welcoming 202,256 travelers. From January to March 2024, arrivals hit 415,251, marking a 5.4% rise....

179. Cyprus leads the charge in sustainable aquaculture

https://knews.kathimerini.com.cy/en/news/cyprus-leads-the-charge-in-sustainable-aquaculture

The Ministerial Conference on Oceans, titled ''Our Resilient Shared Ocean: From Cyprus to Samoa,'' concluded with optimistic messages regarding the future of water resource management....

180. Reduced VAT for homebuyers within 12 months

https://knews.kathimerini.com.cy/en/news/reduced-vat-for-homebuyers-within-12-months

The parliament has passed a law enabling beneficiaries to apply for a reduced 5% VAT rate within a year of acquiring a residence....

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