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12° Nicosia,
15 June, 2024
 

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Displaying results 1-30 of 163 matches for query expenditure.

1. €102.3M spent on 275,000 people trained on 30,500 programs

https://knews.kathimerini.com.cy/en/news/€102-3m-spent-on-275-000-people-trained-on-30-500-programs

In the last five years, 275,000 people participated in 30,500 training programmes of the Human Resource Development Authority of Cyprus (HRDA) and the total expenditure reached to 102.3 million euro,...

2. Electricity interconnector could save households up to €400

https://knews.kathimerini.com.cy/en/business/electricity-interconnector-could-save-households-up-to-€400

The Great Sea interconnector, a €1.9 billion subsea cable linking the electricity grids of Cyprus and Greece, promises significant savings for Cypriot households. ...

3. Cyprus ship management revenue up despite global challenges

https://knews.kathimerini.com.cy/en/news/cyprus-ship-management-revenue-up-despite-global-challenges

Revenue from Cyprus' ship management industry rose by 2.4% in the second half of 2023, despite facing significant global challenges such as rising freight costs and geopolitical tensions, including disruptions in the Red Sea by Houthi forces....

4. ''Cyprus has the potential to become a model of sustainability in Europe''

https://knews.kathimerini.com.cy/en/news/cyprus-has-the-potential-to-become-a-model-of-sustainability-in-europe

In a recent interview during the first-ever Green Agenda Cyprus Summit held at the Hilton in Nicosia, environmental economist and sustainability advocate, Professor Cameron Hepburn, delved into the pressing need for Cyprus to embrace a green transition...

5. There's no stifling the Cypriot's wanderlust

https://knews.kathimerini.com.cy/en/business/there-s-no-stifling-the-cypriot-s-wanderlust

Are you ready to embark on a journey with the spirited travelers of Cyprus? Hold on to your hats as we delve into the adventurous spirit of Cypriots and their passion for exploration!...

6. Polar bears stranded on land as sea ice vanishes

https://knews.kathimerini.com.cy/en/news/polar-bears-stranded-on-land-as-sea-ice-vanishes

If you’ve ever wanted to experience a day in the life of a polar bear, you’re in luck. ...

7. Cyprus ends 2023 with €918.7 million fiscal surplus

https://knews.kathimerini.com.cy/en/news/cyprus-ends-2023-with-€918-7-million-fiscal-surplus

Cyprus's financial report card for 2023 is in, and it's showing some positive signs. According to the Statistical Service of Cyprus, the country ended the year with a fiscal surplus of €918.7 million. That's like having extra money left over after paying all the bills....

8. Nicosia ring road faces setbacks, delays and budget overruns

https://knews.kathimerini.com.cy/en/news/nicosia-ring-road-faces-setbacks-delays-and-budget-overruns

The Nicosia Ring Road project, a cornerstone of infrastructure development in Cyprus, has encountered significant setbacks, including delays and budget overruns, casting a shadow over its completion prospects and anticipated benefits, according to a report by Apostolos Tomaras in Kathimerini's Sunday edition....

9. Famagusta's tourism success, development struggles

https://knews.kathimerini.com.cy/en/news/famagusta-s-tourism-success-development-struggles

Famagusta Province in Cyprus boasts the highest tourism revenue contribution nationwide, but falls short in infrastructure development and enhancement projects....

10. 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....

11. 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....

12. 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....

13. GeSY: €1.58B revenue, €500M reserve, stable until 2031

https://knews.kathimerini.com.cy/en/news/gesy-€1-58b-revenue-€500m-reserve-stable-until-2031

The Health Insurance Organisation (OAY) has disclosed that its revenue from contributions to the General Health System (GeSY) reached €1.58 billion in 2023,...

14. Inflation and new markets propel spending close to €3 billion in 2023

https://knews.kathimerini.com.cy/en/news/inflation-and-new-markets-propel-spending-close-to-€3-billion-in-2023

Just before the end of last summer, economic analysts' projections for 2023 tourism revenue were nearing a record close to €3 billion. ...

15. Greek Minister partners with 'Queer Destinations' to boost LGBT tourism

https://knews.kathimerini.com.cy/en/news/greek-minister-partners-with-queer-destinations-to-boost-lgbt-tourism

Greek Tourism Minister Olga Kefalogianni signed a memorandum of cooperation with the Queer Destinations tourism company on Thursday to promote Greece as a friendly destination for LGBTQ+ people. ...

16. Central Bank predicts 2.2% GDP growth in 2023

https://knews.kathimerini.com.cy/en/news/central-bank-predicts-2-2-gdp-growth-in-2023

The Central Bank of Cyprus (CBC) expects GDP growth of 2.2% in 2023, compared to significant growth of 5.1% in 2022, while for the years 2024-26 it expects GDP growth of 2.6%, 3.1% and 3.2%, respectively....

17. Cyprus development expenditure: 2023 surpasses €1B

https://knews.kathimerini.com.cy/en/news/cyprus-development-expenditure-2023-surpasses-€1b

The realization of state budget development expenditure in 2023 reached 72% compared to 70% in 2022 and the average of 69% over the last decade, according to a Treasury report released on Wednesday....

18. Investigation urged as state contracts lead to €6.4M payout

https://knews.kathimerini.com.cy/en/news/investigation-urged-as-state-contracts-lead-to-€6-4m-payout

In a recent address, Deputy Dipa Alekos Tryfonidis called attention to questionable agreements, urging an investigation into the responsible parties behind a contract resulting in a hefty 6.4 million euros compensation payout....

19. CERA proposes reduced electricity increases amidst parliamentary discussion

https://knews.kathimerini.com.cy/en/news/cera-proposes-reduced-electricity-increases-amidst-parliamentary-discussion

The head of Regulatory Energy Cyprus (Cera), Andreas Poulikkas, briefed the Parliament's Finance Committee on the latest proposals submitted by the Electricity Authority of Cyprus (EAC) for review. ...

20. Cyprus celebrates completion of €6.6M solar project in 405 schools

https://knews.kathimerini.com.cy/en/news/cyprus-celebrates-completion-of-€6-6m-solar-project-in-405-schools

With a total expenditure of €6.6 million, the project to install Photovoltaic Systems in 405 school buildings in Cyprus was completed, offering significant energy......

21. Germany's model links retirement age to life expectancy

https://knews.kathimerini.com.cy/en/news/germany-s-model-links-retirement-age-to-life-expectancy

The consequences of an aging population have for many years been a headache for many countries, including Greece, and have provoked opposition from many politicians and public opinion,...

22. Christodoulides' strong message: Ignore sirens, focus on governance

https://knews.kathimerini.com.cy/en/news/christodoulides-strong-message-ignore-sirens-focus-on-governance

The swearing-in and assumption of duties of the new ministers and officials of the government took place today (10/01), at the Presidential Palace....

23. Persianis reveals limited cooperation with Finance Ministry

https://knews.kathimerini.com.cy/en/news/persianis-reveals-limited-cooperation-with-finance-ministry

For the limited cooperation with the Ministry of Finance, for the wrong interpretation of the research with a political prism and for the fiscal risks, the President of the Fiscal Council of Cyprus......

24. 2024 budget gets green light – Inside scoop on state wage proposals

https://knews.kathimerini.com.cy/en/news/2024-budget-gets-green-light-–-inside-scoop-on-state-wage-proposals

The 2024 budget was passed into law relatively comfortably, with a total of 37 MPs voting for it, while 19 were opposed. ...

25. Ministry reverts VAT refund amount to €50

https://knews.kathimerini.com.cy/en/news/ministry-reverts-vat-refund-amount-to-€50

The Ministry of Finance's new circular set to change in 2024, altering the decision that foresaw an increase in the minimum expenditure from €50 to €175. ...

26. Ministry's robust €65.2M budget signals ambitious 2024 plans

https://knews.kathimerini.com.cy/en/news/ministry-s-robust-€65-2m-budget-signals-ambitious-2024-plans

At 65.2 million euros, the proposed budget of the Ministry of Tourism for 2024 surpasses previous years, accounting for initial budgets and excluding additional expenditures....

27. Cyprus' robust 11.8% surge in household spending defies EU norms

https://knews.kathimerini.com.cy/en/news/cyprus-robust-11-8-surge-in-household-spending-defies-eu-norms

In 2022, Cyprus experienced a notable 11.8% increase in household final consumption expenditure compared to the previous year, surpassing the EU's overall growth of 4.7%, as reported by Eurostat. ...

28. Minister unleashes 4% boost for retirees

https://knews.kathimerini.com.cy/en/news/minister-unleashes-4-boost-for-retirees

In a significant move to enhance the well-being of pensioners, Labor and Social Insurance Minister Yiannis Panayiotou declared a nearly 4% increase in basic pensions for the upcoming year....

29. The mystery of Cyprus' social insurance fund

https://knews.kathimerini.com.cy/en/news/the-mystery-of-cyprus-social-insurance-fund

The Republic of Cyprus achieved its first significant milestone with the establishment of the Social Insurance System, originally introduced during the colonial era. ...

30. Minister vows 'smart lights' rule over timers

https://knews.kathimerini.com.cy/en/news/minister-vows-smart-lights-rule-over-timers

In a recent presentation of the Ministry of Transport's 2024 budget to the Finance Committee, Minister of Transport, Alexis Vafeadis, categorically stated that there will be no timers installed at traffic lights until at least March or April 2024. ...

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