https://knews.kathimerini.com.cy/en/news/higher-prices-for-easter-meat-lamb-sees-a-25-increase-beef-up-by-15
A year ago, reports described Easter dinner as the most expensive in four years. This year's prices are expected to surpass that record, according to the first data from the Easter Price Watch gathered by K and soon to be published by the Consumer Protection Agency....
https://knews.kathimerini.com.cy/en/news/imf-projects-steady-gdp-growth-for-cyprus-in-2023
The International Monetary Fund (IMF) maintained its projection for Cyprus’ economic growth in 2023 at 2.5% of GDP, while real GDP growth is expected to pick up pace in the next year....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-sustainable-finance
Sustainability is the key to a better, healthier, and more viable future as it improves the quality of our lives with the use of natural resources which protect our ecosystem in general. By taking into consideration the three pillars of economic viability, environmental protection, and social well-being, we can preserve the future generations’ needs while, from a corporate perspective, the development of sustainable strategies can lead to a company’s longevity....
https://knews.kathimerini.com.cy/en/business/75-6-increase-in-motor-vehicle-registrations-in-march-2023
Total registrations of motor vehicles in March 2023 numbered 4,270, recording an increase of 75.6% compared to 2,431 in March 2022, according to the report entitled "Registration of Motor Vehicles" for the period January-March 2023, published by the Cyprus Statistical Service on Monday.Hi...
https://knews.kathimerini.com.cy/en/news/cyprus-winemakers-to-receive-€22-million-in-eu-support
Cyprus through the National Plan for the wine sector will provide viticulturists and winemakers with more than €22 million of support from EU funds by October 2023, Minister of Agriculture, Rural Development and the Environment Petros Xenofontos said on Sunday. ...
https://knews.kathimerini.com.cy/en/business/are-you-ready-for-chatgpt-to-take-over-your-job
Since its release in November of last year, OpenAI's ChatGPT has been used to write cover letters, create a children's book, and even help students cheat on their essays....
https://knews.kathimerini.com.cy/en/news/protecting-eu-borders-the-rise-of-border-walls-against-third-country-migrants
The increasing number of illegal migrants reaching the European Union and Schengen Area Member States has pushed states to take different approaches to tackle their activity, including erecting walls or physical barriers at the borders....
https://knews.kathimerini.com.cy/en/news/cypriots-buy-more-food-than-needed
A recent report has found that Cypriots have a tendency to purchase more food than they actually need, leading to unnecessary waste and higher expenses...
https://knews.kathimerini.com.cy/en/business/january-2023-sees-significant-surge-in-building-permits
The total value of building permits in January 2023 increased by 45.8%, compared to January 2022, according to data published by the Statistical Service on Friday. At the same time, the total area increased by 28.5%...
https://knews.kathimerini.com.cy/en/news/surplus-of-€363-mn-recorded-in-cyprus-in-jan-feb-2023
A surplus of €363 mn or 1.3% of GDP for the period of January-February 2023, according to the preliminary General Government fiscal results, published by the Statistical Service of Cyprus on Friday....
https://knews.kathimerini.com.cy/en/news/macron-s-mission-in-china-convincing-xi-on-ukraine
https://knews.kathimerini.com.cy/en/news/philip-lane-next-ecb-decisions-on-interest-rates-will-be-based-on-data-video
Philip Lane, the Chief Economist and member of the European Central Bank's (ECB) executive board has said the bank's next monetary policy decisions will be based on incoming data,...
https://knews.kathimerini.com.cy/en/news/significant-progress-of-cypriot-economy-noted-by-ecb-chief-economist
Philip R. Lane, member of the Executive Board and Chief Economist of the European Central Bank (ECB) said he is pleased to witness the significant progress of the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/investors-flock-to-green-bonds-as-a-secure-investment
https://knews.kathimerini.com.cy/en/news/cypriot-president-visits-cairo
The Cyprus issue, ways to deepen bilateral relations in the fields of trade, economy and tourism, as well as Energy, will be the focus of a meeting on Wednesday in Cairo between President of the Republic, Nikos Christodoulides, and the President of Egypt, Abdel Fattah al-Sisi...
https://knews.kathimerini.com.cy/en/news/minister-of-agriculture-announces-his-four-priorities
Minister of Agriculture, Petros Xenophontos, outlined his four priorities for the agriculture sector during an interview on the DIASPORA news show. ...
https://knews.kathimerini.com.cy/en/business/kean-shares-sold-new-owners-to-bring-fresh-ideas-and-investments
In a recent development, the shareholders of KEAN have decided to sell their shares to bbf, a company operating in the field of development projects. ...
https://knews.kathimerini.com.cy/en/news/home-prices-remain-high-despite-recent-dip
House Price Index decreased by 4% in the fourth quarter of 2022 and amounted to 108.03 units, compared to the third quarter, when it was at 112.51, according to a preliminary estimate of the Statistical Service, published on Tuesday....
https://knews.kathimerini.com.cy/en/news/cypriot-professor-phoebe-koundouri-honored-for-contribution-to-science
On Thursday, the 23rd of March, Prof. Phoebe Koundouri was awarded the Academy of Athens Excellence in Science Award 2023 for her contribution to the advancement of the Science of the Marine Environment by the President of the Academy of Athens, Michael-Konstantinos Stathopoulos, and the Secretary-General, Christos Zerefos....
https://knews.kathimerini.com.cy/en/business/prem-watsa-greek-banks-are-safer
Greece has entered a virtuous cycle of growth, and the next few years will be especially beneficial to the economy and Greeks if political stability is maintained and business-friendly policies are implemented....
https://knews.kathimerini.com.cy/en/business/minister-of-labor-to-submit-cola-mediation-proposal
Minister of Labour and Social Insurance Yiannis Panayiotou said on Friday he would submit a mediation proposal to the social partners (trade unions and employers) to reach an agreement on the issue of the Cost of Living Allowance (CoLA)....
https://knews.kathimerini.com.cy/en/news/greeks-get-chills-over-american-feta-cheese
Greek authorities and local dairy industries are up against yet another case of feta imitation and the unlicensed use of the name of Greece’s most popular cheese...
https://knews.kathimerini.com.cy/en/news/finland-prime-minister-ousted-conservatives-win-tight-vote
Finland’s main conservative party claimed victory in parliamentary elections Sunday in a tight three-way race that saw right-wing populists take second place, leaving Prime Minister Sanna Marin’s Social Democratic Party in third, dashing her hopes for reelection...
https://knews.kathimerini.com.cy/en/business/cyprus-hourly-labor-costs-below-eu-average-at-19-4-euros
The average hourly labor costs in Cyprus increased from €18 in 2021 to €19.4 in 2022, according to Eurostat. Hourly labor costs were the lowest in the EU in Bulgaria (€8.2) and Romania (€9.5), and highest in Luxembourg (€50.7), Denmark (€46.8) and Belgium (€43.5). ...
https://knews.kathimerini.com.cy/en/news/cyprus-unemployment-drops-to-7-3-in-february-2023-but-18-6-youth-unemployment-persists
According to Eurostat, the seasonally-adjusted unemployment rate in Cyprus fell slightly to 7.3% in February 2023, compared to 7.4% in January 2023. However, the rate had increased from 6.1% in February 2022....
https://knews.kathimerini.com.cy/en/news/newly-appointed-presidential-advisors-to-work-pro-bono
President Nikos Christodoulidis has appointed two new special advisors to his team to help with economic affairs and crisis management, respectively....
https://knews.kathimerini.com.cy/en/business/herodotou-european-banking-system-in-good-health
Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou said on Wednesday that there’s concern that the banking problems with some European banks could evolve into something bigger....
https://knews.kathimerini.com.cy/en/news/finmin-stresses-importance-of-stable-legislation-for-out-of-court-auctions
The Finance Ministry has stressed the importance of having stable legislation regulating out-of-court auctions, in tandem with an effective insolvency framework in order to achieve a reduction of bad loans....
https://knews.kathimerini.com.cy/en/news/sustainability-is-the-name-of-the-game
The Deputy Ministry of Tourism in Cyprus has announced plans to create a new tourism strategy with a horizon of 2035. ...
https://knews.kathimerini.com.cy/en/news/bank-deposits-increase-by-€357-1-million-in-february
Total deposits in February 2023 recorded a net increase of €357.1 million, compared with a net decrease of €583,8 million in January 2023....