https://knews.kathimerini.com.cy/en/news/christmas-on-borrowed-cash-for-many
One in four households will take on credit card debt to buy food and presents this festive season, according to the 2021 study of the European Consumer Payment Report....
https://knews.kathimerini.com.cy/en/news/financial-turmoil-hits-turkish-cypriots
Serious side effects from the lira's plunge–Basic food products are becoming more expensive
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https://knews.kathimerini.com.cy/en/news/commission-approves-560-million-for-refugees-in-turkey
The European Commission on Tuesday published two financing decisions, worth 560 million euros, to support inclusive quality education initiatives, including access to higher education through scholarships, for refugees in Turkey as well as for border protection....
https://knews.kathimerini.com.cy/en/news/new-health-measures-announced-by-the-ministry-today
The Minister of Health, Michalis Hadjipandela, announced new health measures today aimed at curbing the spread of the coronavirus during the Christmas Holidays. ...
https://knews.kathimerini.com.cy/en/news/turkish-lira-whiplashes-after-erdogan-moves-to-protect-savings
Turkey's lira rocketed back from record lows in volatile trading on Tuesday after Turkish President Tayyip Erdogan proposed measures to protect local currency savings against such swings....
https://knews.kathimerini.com.cy/en/comment/opinion/the-new-investment-game
Accelerating the transition to a green economy is a no-brainer. It is no coincidence that it accounts for 36.3% of the total budget of the Recovery and Sustainability Plan...
https://knews.kathimerini.com.cy/en/news/electric-vehicle-subsidy-plan-2-722-applications-in-two-hours
A large number of applications were received today by the Ministry of Transport for the government's electric vehicle subsidy plan. ...
https://knews.kathimerini.com.cy/en/news/turkish-lira-resumes-slide-to-17-5-against-the-dollar
The Turkish lira continued its freefall after President Recep Tayyip Erdogan rejected warnings from businesses about the dangers of recent interest rate cuts and vowed there was “no going back” from his approach....
https://knews.kathimerini.com.cy/en/business/voluntary-retirement
Bank of Cyprus announces the successful completion of a small-scale targeted voluntary retirement plan....
https://knews.kathimerini.com.cy/en/business/limassol-mayor-highlights-environmental-issues-affecting-city
A research study on the environmental risks and economic benefits of sector activities in Limassol, demonstrates the urgent need to protect the city’s coastal, marine and maritime environment....
https://knews.kathimerini.com.cy/en/comment/opinion/erdogan-should-focus-on-his-economy-not-greece
With the Turkish lira continuing its precipitous slide, the risk of capital controls looming dangerously and Recep Tayyip Erdogan’s legal adviser even going so far as to consider that declaring a state of emergency might be needed...
https://knews.kathimerini.com.cy/en/news/turkish-lira-blows-through-15-to-dollar-ahead-of-rate-decision
The Turkish lira dropped to an all-time low beyond 15 against the dollar on Thursday ahead of another expected interest rate cut by the central bank, which has fallen in line with President Tayyip Erdogan’s risky new economic program....
https://knews.kathimerini.com.cy/en/news/inflation-in-britain-jumped-to-its-highest-level-in-the-last-10-years-at-5-1
Inflation in Britain has jumped to a 10-year high due to a sharp rise in prices, according to data released on Wednesday on the eve of the Bank of England's decision on interest rates....
https://knews.kathimerini.com.cy/en/business/more-foreign-banks-come-to-athens
Big global banks are planning to open branches in Athens next year, while other lenders are expanding their existing banking activity in Greece...
https://knews.kathimerini.com.cy/en/news/greenpeace-greek-gas-hunt-an-‘unbearable-threat-to-whales
Greenpeace on Wednesday renewed calls against proposed deep-sea oil and gas exploration off southwest Greece, warning of “unbearable” consequences to endangered Mediterranean whales and dolphins....
https://knews.kathimerini.com.cy/en/business/parliamentary-committee-report-on-state-budget-2022-sees-significant-uncertainties-due-to-pandemic
A report by the Parliamentary Committee of Financial and Budgetary Affairs on the State Budget for 2022 ahead of the plenary debate and vote this week, stresses the significant uncertainties affecting the projections upon which the budget is based....
https://knews.kathimerini.com.cy/en/business/the-historic-athens-hilton-will-have-a-new-name-in-2024
The historic Hilton hotel in the center of Athens is changing its name. From 2024 it will be known as Conrad after the new agreement signed by the Hilton Group and the Ionian Hotel of the Konstantopoulos family....
https://knews.kathimerini.com.cy/en/news/historic-meeting-between-israeli-and-emirate-leaders
Israeli Prime Minister Naftali Bennett met Monday in Abu Dhabi with UAE strongman Mohammed bin Zayed, a historic meeting that marks a "new reality" in the region....
https://knews.kathimerini.com.cy/en/news/moves-to-make-banking-faster
As part of the strategy to create faster, more flexible and efficient banking services, the Governor of the Central Bank of Cyprus (CBC), Mr. Konstantinos Herodotou,...
https://knews.kathimerini.com.cy/en/news/cyprus-to-proceed-with-a-tax-reform-in-2022
Cyprus will proceed with a tax reform next year, including the increase of corporate income tax and the introduction of green taxation with a view to achieving its environmental targets, Finance Minister Constantinos Petrides has said....
https://knews.kathimerini.com.cy/en/news/germany-s-new-chancellor
Olaf Scholz became Germany’s ninth post-World War II chancellor Wednesday, opening a new era for the European Union’s most populous nation and largest economy after Angela Merkel’s 16-year tenure....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-social-media-and-investment-recommendations
It is commonly accepted that social media play a defining role in almost every aspect of our everyday life. ...
https://knews.kathimerini.com.cy/en/business/fintech-companies-and-national-betting-authority-forge-framework-of-cooperation
The Association of Cyprus Electronic Money and Payment Institutions (ACEMPI) is happy to announce that its President, Mr Ioannis Georgoulas, recently met with the Chairwoman of the National Betting Authority (NBA), Ms Ioanna Fiakkou, to discuss matters of common interest....
https://knews.kathimerini.com.cy/en/business/the-technology-sector-can-become-the-new-mainstay-of-the-cypriot-economy
These are some of the key conclusions that emerged from the findings of a survey conducted last October by IMR/University of Nicosia™ on behalf of the non-profit organisation TechIsland. ...
https://knews.kathimerini.com.cy/en/news/germany-readies-its-air-force-to-transport-covid-patients-to-other-parts-of-the-country
Germany readied its air force to transfer COVID-19 patients from overwhelmed hospitals in the south as national case numbers rocketed and a new virus variant in South Africa caused widespread alarm....
https://knews.kathimerini.com.cy/en/news/averof-irregular-immigrants-increase-crime
DISY President Averof Neophytou expressed his concern about the increase in crime due to immigration.
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https://knews.kathimerini.com.cy/en/business/a-parked-cargo-of-5-billion-dollars-that-no-one-can-touch
With the market "drying up" and the anxious searching for raw materials, this aluminum stock is considered worth more than its weight in gold.
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https://knews.kathimerini.com.cy/en/news/debt-sustainability-in-all-member-states
ESM Managing Director Klaus Regling strongly believes that public debt is currently sustainable in all Member States of the monetary union.
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https://knews.kathimerini.com.cy/en/news/inflation-in-cyprus-and-the-eu-rose-to-4-4-in-october
The annual inflation rate in Cyprus was 4.4% in October, slightly above the eurozone average (4.1%) and the EU average,...
https://knews.kathimerini.com.cy/en/life/three-approaches-to-measuring-natural-resource-scarcity-theory-and-application-to-groundwater
Professor Phoebe Koundouri's thesis, "Three Approaches to Measuring Natural Resource Scarcity: Theory and Application to Groundwater" which was published by Peterhouse of the University of Cambridge, is now available for free on Read Library....