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12° Nicosia,
22 November, 2024
 

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Displaying results 451-480 of 2576 matches for query economy.

451. Cyprus grapples with €80 million surge in state budget deficit for 2023

https://knews.kathimerini.com.cy/en/news/cyprus-grapples-with-€80-million-surge-in-state-budget-deficit-for-2023

The state budget deficit for 2023 increased by €80 million compared to the deficit recorded in 2022, according to the Fiscal Report of the Republic of Cyprus for 2023, submitted to the House of Representatives....

452. Government mulls support extension amidst rising costs

https://knews.kathimerini.com.cy/en/news/government-mulls-support-extension-amidst-rising-costs

The Council of Ministers convenes on Thursday for an extraordinary session to approve a new package of targeted measures to alleviate pressures from price hikes....

453. Business loans drop, home loans steady

https://knews.kathimerini.com.cy/en/business/business-loans-drop-home-loans-steady

The Central Bank of Cyprus reported on Wednesday that the net demand for corporate loans continued to decrease in the last quarter of 2023, marking a consistent downward trend since the first quarter of 2022, although at a slower pace than anticipated earlier in the year....

454. Seal of approval: Limassol's adorable mascot captivates hearts (video)

https://knews.kathimerini.com.cy/en/news/seal-of-approval-limassol-s-adorable-mascot-captivates-hearts

The story of Mr. Poseidon, as the seal is affectionately known, highlights a crucial aspect: the intricate relationship between the coastal economy and the marine ecosystem....

455. Cyprus economy holds steady amid challenges

https://knews.kathimerini.com.cy/en/news/cyprus-economy-holds-steady-amid-challenges

Canadian credit rating agency DBRS Ratings GmbH (Morningstar DBRS) has affirmed the Republic of Cyprus's long-term ratings, maintaining it at BBB (high) with a stable economic outlook. ...

456. Europe's ambitious plan to reignite economic engines

https://knews.kathimerini.com.cy/en/news/europe-s-ambitious-plan-to-reignite-economic-engines

As Europe endeavours to uphold its competitiveness amidst economic rivals, its politicians believe they hold a concealed asset: the savings of its citizens, which remain unused and dormant....

457. Cyprus braces for soaring fuel prices

https://knews.kathimerini.com.cy/en/business/cyprus-braces-for-soaring-fuel-prices

Cyprus braces for a significant hike in motor fuel prices by mid-April, with increases of 10 cents per liter expected to impact consumer spending across the island nation, according to a report by Kathimerini's Maria Eraclous....

458. Peek into February 2024's hottest real estate deals

https://knews.kathimerini.com.cy/en/business/peek-into-february-2024-s-hottest-real-estate-deals

Ask Wire, a company blending real estate expertise with technology, has compiled and published data on the 10 most expensive real estate transactions completed in February 2024 and the total value of the top 10 sales by province....

459. Small farms dominate 85% of EU agricultural aid

https://knews.kathimerini.com.cy/en/news/small-farms-dominate-85-of-eu-agricultural-aid

Farmers with small farms constitute more than 85% of the beneficiaries of Common Agricultural Policy subsidies in Cyprus, Minister for Maria Panayiotou said in her intervention......

460. Halloumi and pharma propel exports to €2.35 billion

https://knews.kathimerini.com.cy/en/news/halloumi-and-pharma-propel-exports-to-€2-35-billion

Cyprus' main exports for 2023 included mineral fuels and oil, halloumi and pharmaceutical products, according to the Cyprus Statistical Service (CyStat). ...

461. Cyprus and US forge anti-financial crime alliance

https://knews.kathimerini.com.cy/en/news/cyprus-and-us-forge-anti-financial-crime-alliance

The Republic of Cyprus and the United States of America have announced a significant cooperation initiative aimed at enhancing the ROC's capabilities to combat illicit finance....

462. Cyprus' economic resilience earns high credit rating confirmation

https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation

International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks. ...

463. US sanctions Cyprus-based entity for Russian sanctions evasion

https://knews.kathimerini.com.cy/en/business/us-sanctions-cyprus-based-entity-for-russian-sanctions-evasion

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions on Monday against thirteen entities and two individuals, including one based in Cyprus, ...

464. Finance Minister unveils plan to end multiple pensions for MPs

https://knews.kathimerini.com.cy/en/news/finance-minister-unveils-plan-to-end-multiple-pensions-for-mps

The government aims for a complete abolition of multiple pensions for state officials and members of parliament through a proposal encompassing two bills. ...

465. European Commission flags trade risks for Cyprus economy

https://knews.kathimerini.com.cy/en/news/european-commission-flags-trade-risks-for-cyprus-economy

The Cypriot economy is on a sound footing due to solid economic growth and declining inflation, but its high integration with EU and non-EU economies make geopolitical and trade tensions......

466. Labor Minister discusses 'Cost of Living Allowance' for Cyprus

https://knews.kathimerini.com.cy/en/news/labor-minister-discusses-cost-of-living-allowance-for-cyprus

In an interview with Oriana Papantoniou, Minister of Labor and Social Insurance Yiannis Panayiotou highlighted the significant strides made during his first year in office, emphasizing a people-centric approach to governance. ...

467. Who will lead Cyprus' Central Bank?

https://knews.kathimerini.com.cy/en/news/who-will-lead-cyprus-central-bank

An intense behind-the-scenes battle is unfolding regarding the future of Cyprus' central banker as the term of the current governor, Constantinos Herodotos, draws to a close in less than 20 days....

468. Chinese Ambassador stresses cooperation for Vasiliko LNG success

https://knews.kathimerini.com.cy/en/news/chinese-ambassador-stresses-cooperation-for-vasiliko-lng-success

The main body of the Vassiliko LNG project could be completed at the end of 2024 or early in 2025, as long as various parties can truly work together with......

469. How rising costs are changing social lives

https://knews.kathimerini.com.cy/en/comment/opinion/how-rising-costs-are-changing-social-lives

Katerina P. has a job that brings in around 1,500 euros a month....

470. Cyprus ends fuel tax break, prices set to spike from April 1st

https://knews.kathimerini.com.cy/en/news/cyprus-ends-fuel-tax-break-prices-set-to-spike-from-april-1st

Starting April 1st, the reduced consumption tax on fuels (95-octane gasoline and diesel) will come to an end, reverting to 8.3 cents per liter for gasoline and 6.3 cents per liter for heating oil....

471. Nike replaces Adidas as sponsor for German National Football team

https://knews.kathimerini.com.cy/en/business/nike-replaces-adidas-as-sponsor-for-german-national-football-team

Nike has secured a landmark sponsorship deal with the German national football team, ousting Adidas from a partnership that has endured for over half a century, signaling a significant blow to the latter's brand....

472. Goodbye to annual fees for registered companies

https://knews.kathimerini.com.cy/en/business/goodbye-to-annual-fees-for-registered-companies

The annual fee for companies registered with the Registrar of Companies will be abolished from 2024 onwards, but the annual fees for the years 2011 to 2023 will continue to apply, the Department of the Registrar of Companies said in a statement....

473. ''Responsible today, sustainable tomorrow'': Lidl Cyprus with an eye on Cyprus of the future

https://knews.kathimerini.com.cy/en/business/responsible-today-sustainable-tomorrow-lidl-cyprus-with-an-eye-on-cyprus-of-the-future

An event dedicated to its vision for a sustainable tomorrow was held by Lidl Cyprus at the premises of the Lidl Food Academy in the centre of Nicosia on Thursday 21 March 2023, in the presence of the honourable Minister of Energy, Trade and Industry, Mr. Giorgos Papanastasiou, as well as other institutional body representatives and partners of the company, as well as representatives of the media. ...

474. EU-UNDP collaboration brings Arif Bey Aqueduct back to life

https://knews.kathimerini.com.cy/en/news/eu-undp-collaboration-brings-arif-bey-aqueduct-back-to-life

Conservation work at the Arif Bey Aqueduct in Afania by the Technical Committee for Cultural Heritage has been completed, a project that has been fully funded by the European Union (EU) and implemented by the United Nations Development Programme (UNDP) in Cyprus....

475. February's financial flaws expose 16 bad checks, €19,388 lost

https://knews.kathimerini.com.cy/en/news/february-s-financial-flaws-expose-16-bad-checks-€19-388-lost

In February 2024, a total of 16 bad cheques, amounting to €19,388, were issued, with 9 individuals (7 legal entities and 2 individuals) being listed in the preliminary registry of the Central Information Register (CIR) for dishonoured cheques....

476. Cyprus offers €400K boost for SME's

https://knews.kathimerini.com.cy/en/business/cyprus-offers-€400k-boost-for-sme-s

The Commissioner for State Aid Control, Stella Michaelides, has announced her decision on a scheme aimed at supporting Small and Medium Size Enterprises (SMEs)...

477. Cyprus embraces global investment with its bond market debut

https://knews.kathimerini.com.cy/en/business/cyprus-embraces-global-investment-with-its-bond-market-debut

In April 2024, the Republic of Cyprus is gearing up to enter the international bond markets, intending to issue a Euro Medium Term Note (EMTN) bond worth 1 billion euros....

478. What are they afraid of?

https://knews.kathimerini.com.cy/en/comment/opinion/what-are-they-afraid-of

Transparency is not merely a good thing; it is essential. However, with the exception of one, credit buyout companies seem unwilling to disclose their financial results, keeping them shrouded in secrecy....

479. Tourist arrivals rise by 5% in February

https://knews.kathimerini.com.cy/en/business/tourist-arrivals-rise-by-5-in-february

Tourist arrivals in Cyprus saw a notable uptick in February 2024 compared to the same period in the previous year, according to data released by the Cyprus Statistical Service on Tuesday. The total number of arrivals reached 125,034, marking a 5% increase from February 2023's figure of 119,081....

480. Cyprus invests €3.2M in 50 green kiosks

https://knews.kathimerini.com.cy/en/news/cyprus-invests-€3-2m-in-50-green-kiosks

Today, Cyprus marked a significant step forward in its environmental efforts with the signing of a contract for the supply and installation of 50 prefabricated Green Kiosks across its mountainous and remote regions. ...

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