https://knews.kathimerini.com.cy/en/business/trade-deficit-increased-by-€1-5-bln-in-first-8-months-of-2022
The trade deficit increased by €1.5 billion in the period from January to August 2022, compared to the same period of 2021, according to provisional data issued by the Statistical Service of Cyprus for August 2022. The deficit was €5,120.1 million in January-August 2022, which increased from €3,587.5 in January-August 2021....
https://knews.kathimerini.com.cy/en/news/the-future-of-the-banking-sector-is-digital-green-and-social
The future of the banking sector is digital, green and social, said the participants at the 3rd online FMW Conference, titled "Banking System: New Challenges and Opportunities". The Conference also highlighted the contrast between trying to tame inflation by raising interest rates and supporting vulnerable groups to avoid social unrest....
https://knews.kathimerini.com.cy/en/news/all-for-one-and-one-for-all-ep-says-yes-to-single-chargers
The European Parliament today gave its final green light to the introduction in the EU of a universal charger for all small and medium-sized portable electronic devices - mobile phones, tablets and other consoles....
https://knews.kathimerini.com.cy/en/news/putin-signs-‘accession-treaties-at-kremlin-in-defiance-of-international-law
Vladimir Putin has signed “accession treaties” formalizing Russia’s illegal annexation of four occupied regions in Ukraine, marking the largest forcible takeover of territory in Europe since the second world war....
https://knews.kathimerini.com.cy/en/news/house-prepares-bill-on-petition-signatures
A House committee in the Republic of Cyprus is discussing the right for private citizens to solicit petition signatures for new legislation, but the initiative may be easier said than done in a small country where people complain about disenfranchisement on the one hand and populism on the other...
https://knews.kathimerini.com.cy/en/news/freed-greek-cypriot-vows-to-fight-turkish-cypriot-spite-ban
A Greek Cypriot influencer vows to get his name off a stop list in the Turkish Cypriot north, where he says his arrest and long detention was a political double whammy out of spite because of his pro-reunification views but also EOKA nostalgia...
https://knews.kathimerini.com.cy/en/news/greek-tax-authorities-use-google-maps-to-reveal-undeclared-swimming-pools
The tax administration is planning to uncover undeclared swimming pools across Greece with the use of aerial photographs taken by Google Maps and the electronic cross-checking of the findings with the data from the land register and the E9 tax form....
https://knews.kathimerini.com.cy/en/business/ecommbx-celebrates-its-5th-birthday-with-its-new-partner-citi
On 22 September, ECOMMBX, a progressive Electronic Money Institution in Cyprus, celebrated its 5th year in business. ...
https://knews.kathimerini.com.cy/en/business/ecommbx-opens-new-horizons-enabled-by-its-new-banking-agreement-with-citi
ECOMMBX, a progressive Electronic Money Institution based in Nicosia, proudly announces that it has concluded a correspondent banking agreement with Citi, the world’s most global bank. This new collaboration delivers a range of benefits for both ECOMMBX as well as Cyprus, as a jurisdiction....
https://knews.kathimerini.com.cy/en/business/nouris-more-foreign-companies-setting-up-shop-in-cyprus
The adoption of the New Strategy for Attracting Business and Talent has led to an impressive increase in interest from foreign companies to establish their presence in Cyprus, ...
https://knews.kathimerini.com.cy/en/news/the-russian-plan-to-annex-occupied-territories
It now holds about 60% of Donetsk and had captured nearly all of Luhansk by July after slow advances during months of intense fighting. But those gains are now under threat after Russian forces were driven from neighbouring Kharkiv province this month,...
https://knews.kathimerini.com.cy/en/news/suspense-grows-in-greek-cypriot-s-arrest-in-the-north
People on both sides of the divided island are questioning the prolonged detention of a Greek Cypriot businessman, who remains in Turkish Cypriot police custody after he was linked to a walkie-talkie and maps found in a hotel room after checkout...
https://knews.kathimerini.com.cy/en/news/bicycle-subsidy-platform-now-open-for-new-applications
The Department for Transport, Communications and Works announces the opening of applications for the revised Bicycle Purchase Grant Scheme for 2022 - 2023....
https://knews.kathimerini.com.cy/en/news/greek-border-with-turkey-to-be-fully-fenced-off
Responding to an apparent escalation in Turkish moves to push migrants into Greece over land and sea, the Council for Foreign Affairs and Defense (KYSEA) decided on Tuesday in favor of additional measures for the protection of the country’s borders....
https://knews.kathimerini.com.cy/en/business/cyprus-is-below-the-eu-average-on-high-speed-internet-coverage
In 2021, 41% of households in Cyprus enjoyed high-speed internet coverage through fixed very high capacity networks (VHCN) compared with 70% on average in the EU, according to data released by Eurostat, the statistical office of the European Union....
https://knews.kathimerini.com.cy/en/news/us-response-muted-following-reports-of-turkey-s-second-s-400-shipment
The Biden administration on Tuesday stopped short of threatening additional penalties following reports Turkey plans to receive the second batch of the Russian S-400 missile defense system....
https://knews.kathimerini.com.cy/en/news/north-plays-catch-up-with-illicit-cash
Turkish Cypriot authorities have their hands full as they investigate large sums of money being laundered in Cyprus, with cases ranging from probing courier operations south of the divided island’s UN buffer zone to media speculating on the scope of rampant tax evasion in the north...
https://knews.kathimerini.com.cy/en/business/foreign-direct-investment-in-europe-a-game-of-two-halves-current-volatility-impacts-strategy-while-long-term-appeal-instills-confidence
Europe’s attractiveness for FDI has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, according to the latest annual EY European Attractiveness Survey....
https://knews.kathimerini.com.cy/en/news/dutch-are-reducing-waste-by-fixing-broken-objects-with-online-local-barter-network
Finding someone who can fix a broken piece of furniture, mend clothing, or repair a family treasure has become easier thanks to a new online platform....
https://knews.kathimerini.com.cy/en/news/techno-parties-to-rebuild-villages-being-organized-by-young-ukrainians
In a village in northern Ukraine that was devastated by Russian occupation only months ago, a techno party is in full swing....
https://knews.kathimerini.com.cy/en/news/operation-pangea-illegal-pharmaceuticals-worth-11-million-seized-worldwide
Operation PANGEA, an international initiative targetting the illegal internet trade in pharmaceutical products, resulted in the seizure of 462 items in the form of pills, sprays, and gels, along with 123 food supplements in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/anastasiades-judicial-reforms-a-priority
President Nicos Anastasiades underlined the importance of reforming the judicial system during the confirmation ceremony of the new President of the Supreme Court Antonis Liatsos, which took place on Tuesday at the Presidential Palace....
https://knews.kathimerini.com.cy/en/news/trade-deficit-increased-to-€2-967-6-million-for-the-period-january-–-may-2022
The trade deficit was €2,967.6 mn in January – May 2022 compared to €2,265.8 mn in the corresponding period of 2021, according to provisional data, published by the Statistical Service on Monday....
https://knews.kathimerini.com.cy/en/news/scandal-shakes-things-up-in-cypriot-health
Health officials in Cyprus are fast tracking special software to distribute drugs to cancer patients, following shocking allegations of vote trading and deep state politics in a system overseen by House representatives off the record...
https://knews.kathimerini.com.cy/en/business/can-something-really-come-from-nothing
A consumer electronics start-up called Nothing has secured financing of more than $200mn to launch its debut smartphone, in the first attempt for several years by a newcomer to crack a market dominated by Apple and Samsung....
https://knews.kathimerini.com.cy/en/business/20-years-of-the-cayenne-the-‘third-porsche-–-an-extraordinary-success-story
Ferry Porsche predicted it back in 1989: “If we build an off-road model according to our standards of quality, and it has a Porsche crest on the front, people will buy it.” He would go on to be proved right. ...
https://knews.kathimerini.com.cy/en/life/here-s-why-volkswagen-beetles-now-cost-$600-000
German outfit Milivié Design is offering restored and modernized versions of the original VW Bug for $600,000, but there's a reason for the hefty price tag....
https://knews.kathimerini.com.cy/en/news/eu-to-implement-one-charger-for-all-devices-by-2024
In a historic decision and a world first, the negotiators of the European Parliament and the Commission today agreed in principle to implement common chargers for all electronic devices by the autumn of 2024....
https://knews.kathimerini.com.cy/en/business/eu-set-to-decide-on-single-mobile-charging-port-by-june-7
EU countries and EU lawmakers are set to agree on a common charging port for mobile phones, tablets and headphones on June 7 when they meet to discuss a proposal that has been fiercely criticized by Apple, people familiar with the matter said....
https://knews.kathimerini.com.cy/en/business/cyprus-exports-up-by-55-in-jan-feb-2022
Total exports of goods to the EU Member States and to third countries in January - February 2022 increased by 55.2%, compared to the same period last year, according to the monthly report published by the Statistical Service of Cyprus. ...
