https://knews.kathimerini.com.cy/en/business/the-ecb-s-next-steps-were-documented-in-limassol
The two-day conference of Central Bank Governors in Limassol is a strong contender to serve as the foundation for decisions on monetary policy and inflation strategy to be made in the coming period.
...
https://knews.kathimerini.com.cy/en/news/eu-countries-approve-energy-windfall-levies-turn-to-gas-price-cap
European Union countries agreed on Friday to impose emergency levies on energy firms’ windfall profits and began talks on their next move to tackle Europe’s energy crunch – possibly a bloc-wide gas price cap....
https://knews.kathimerini.com.cy/en/news/finance-minister-calls-for-prudency-to-safeguard-economy
Cypriot Minister of Finance Constantinos Petrides, stressed on Wednesday evening the need to be “even more careful” with the fiscal discipline in the new challenging era, while Central Bank Governor Constantinos Herodotou referred to the risk of new NPLs due to the challenging economic conditions....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-to-present-findings-of-2nd-ey-attractiveness-survey-at-cyprus-attractiveness-forum-investment-realized-on-25-october
EY Cyprus is proud to present the findings of the second edition of the EY Attractiveness Survey Cyprus 2022, during its flagship event, Cyprus Attractiveness Forum: Investment Realized 2022 on 25 October 2022 at Parklane Hotel, Limassol....
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/turkey-threatens-cyprus-and-east-med-security-over-arms-issue
Turkey has threatened Cyprus and the Eastern Mediterranean and condemned the United States after the US decided to lift an arms embargo on Cyprus....
https://knews.kathimerini.com.cy/en/news/us-lifts-embargo-on-cyprus-but-with-russian-caveat
Washington says it will go all the way in lifting an arms embargo on the Republic of Cyprus starting next month, but defense trade restrictions could be reapplied at any time if Nicosia fails to implement certain steps against Russia...
https://knews.kathimerini.com.cy/en/news/anna-luhrmann-speaks-to-k-with-a-view-to-strengthening-cypriot-german-relations
German State Secretary for Foreign Affairs Foreign Affairs, Anna Luhrmann, arrived in Cyprus on an official visit and spoke to "K" about the current developments in the eastern Mediterranean and the war in Ukraine. ...
https://knews.kathimerini.com.cy/en/news/€19m-funding-for-photovoltaics-in-national-guard-camps
Cyprus Ministry of Defence has secured, through EU structural funds and in particular the Thalia Programme, €19 million to fund the installation of photovoltaic systems in National Guard camps, ...
https://knews.kathimerini.com.cy/en/business/ecb-hikes-up-interest-rates-75-basis-points-to-1-25
The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday and signalled further hikes, prioritising the fight against inflation even as the bloc's economy is heading for a likely winter recession....
https://knews.kathimerini.com.cy/en/business/banks-imposing-stricter-lending-standards
Cyprus banks have tightened credit standards in the second quarter of 2022, while net new lending demand subsided, reflecting the geopolitical tensions and the uncertainty in the global economic environment, the Central Bank of Cyprus Bank Lending Survey for Q2 says....
https://knews.kathimerini.com.cy/en/business/euro-dollar-exchange-falls-to-a-20-year-low
The escalation of the energy crisis with Moscow's aggressive, albeit predictable, decision to close the Nord Stream 1 pipeline indefinitely has led to a new fall in the euro, this time below 99 cents on the dollar....
https://knews.kathimerini.com.cy/en/news/cyprus-spits-bars-in-greco-turkish-latest-spat
The foreign ministry in the Republic of Cyprus is accusing Turkey of hyping 'rhetoric madness' following Ankara’s criticism towards Athens, as the two NATO allies continue to accuse each other of harassment...
https://knews.kathimerini.com.cy/en/news/britain-s-new-pm-draws-scathing-reaction-from-moscow
Liz Truss will replace Boris Johnson as Britain's prime minister on Tuesday, after Russian politicians and media lined up on Monday predicting her ascent to power would do nothing to improve dire relations.
...
https://knews.kathimerini.com.cy/en/news/washington-reiterates-gas-hopes-for-entire-region
The US state department has reiterated the American position on Cyprus' natural resources this week after ENI announced a new gas find south of the island, with a Cyprus News Agency report alluding to slightly altered language in the latest statement attributed to an official from across the pond...
https://knews.kathimerini.com.cy/en/business/turkish-inflation-surges-to-nearly-80
Turkish inflation rose to a fresh 24-year high of 79.6% in July, data showed on Wednesday as the lira’s continued weakness and global energy and commodity costs pushed prices higher, though the price rises came out below forecasts....
https://knews.kathimerini.com.cy/en/news/europe-agrees-to-compromise-deal-on-gas-rations-as-russia-squeezes-supply
European Union governments agreed Tuesday to ration natural gas this winter to protect themselves against any further supply cuts by Russia as Moscow pursues its invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/tatar-turkish-cypriot-proposals-will-also-benefit-greek-side
The proposals he submitted to the President of the Republic Nicos Anastasiades through the United Nations are aimed "at the well-being and happiness of the Turkish Cypriots",...
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-what-is-the-agenda-for-the-eastern-mediterranean
In recent years, Cyprus, Greece and Israel have significantly intensified their political, energy and military relations....
https://knews.kathimerini.com.cy/en/news/herodotou-interest-rates-should-be-increased-gradually
The Governor of the Central Bank of Cyprus, Constantinos Herodotou, said he was in favor of the ECB gradually increasing key interest rates while keeping its options open, stressing that the European Central Bank should consider the impact of each increase and act accordingly....
https://knews.kathimerini.com.cy/en/news/von-der-leyen-turkey-‘further-away-from-eu
Turkey is now further away from the EU compared to what was happening a quarter of a century ago, according to European Commission President Ursula von der Leyen, in an interview given to a small number of European newspapers, including Kathimerini....
https://knews.kathimerini.com.cy/en/news/mavroyiannis-open-to-cypriot-gas-for-turkey-before-solution
AKEL-backed independent presidential candidate Andreas Mavroyiannis says Cyprus could sell natural gas to Turkey before a comprehensive solution can be reached on the island, marking a departure from official policy as well as the position of his opponents...
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-dilemmas-of-war-and-pandemic
Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely.
...
https://knews.kathimerini.com.cy/en/news/fotiou-turkey-s-dmand-for-a-two-state-solution-impossible
"Achieving a solution that will permanently rid Cyprus of Turkish occupation and reunite Cyprus is what we should all work for," said Presidential Commissioner Fotis Fotiou,...
https://knews.kathimerini.com.cy/en/news/menendez-there-will-be-consequences-for-turkey-s-violations
The Turkish occupation of Cyprus and Ankara's policy, which remain a threat to stability and prosperity in the region, was raised by Senator Robert Menendez during the Annual Economist New York Mediterranean Business Summit on Tuesday....
https://knews.kathimerini.com.cy/en/news/cyprus-now-an-important-player-in-lng-arena
The EU produces LNG from naphthalene in Cyprus
An important step is the support from the Commission that is expected to shuffle the energy deck of the Eastern Mediterranean...
https://knews.kathimerini.com.cy/en/news/an-increase-of-50-in-subsidies-for-roof-thermal-insulation-and-photovoltaic-systems
With a budget increased by 40%, and a potential to increase even further and with increased grants by 50%, the Grant Scheme for thermal insulation on roofs and installation of photovoltaic systems in houses was announced by the Ministry of Energy, Commerce and Industry during a web conference, on Tuesday....
https://knews.kathimerini.com.cy/en/news/satellite-images-appear-to-show-russian-ships-stealing-ukrainian-grain
Russia's theft of Ukrainian grain appears to be ramping up as it continues its war on the country, according to new satellite photos of the Crimean port of Sevastopol....
https://knews.kathimerini.com.cy/en/news/erdogan-says-he-will-no-longer-talk-to-greek-pm
Turkish President Recep Tayyip Erdogan said Monday he would cease talking to Greek Prime Minister Kyriakos Mitsotakis and cancel a key meeting between their two governments, accusing the Greek leader of antagonizing Turkey....
https://knews.kathimerini.com.cy/en/news/eu-official-calls-on-cyprus-to-implement-recovery-plan-or-lose-funding
A European Commission official on Monday urged the Cypriot authorities to proceed with the implementation of Cyprus’ National Recover and Resilience plan, warning that Cyprus risks losing EU funds in case of new delays....
