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12° Nicosia,
06 December, 2024
 

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Displaying results 1-30 of 178 matches for query expenditure.

1. Fed cuts rates by 0.25%, economic activity expands steadily

https://knews.kathimerini.com.cy/en/news/fed-cuts-rates-by-0-25-economic-activity-expands-steadily

The Federal Reserve on Thursday cut interest rates by 0.25 percentage points for the second consecutive meeting, bringing the target range to 4.50% to 4.75%, as expected. The decision was unanimous....

2. Cypriot residents' travel spending hits €2.23 billion in 2023

https://knews.kathimerini.com.cy/en/news/cypriot-residents-travel-spending-hits-€2-23-billion-in-2023

Total travel spending by Cypriot residents, both within Cyprus and abroad, reached €2.23 billion in 2023, marking an 8.4% increase from 2022....

3. The New Era of Accounting Services: A Complete Solution for CFOs

https://knews.kathimerini.com.cy/en/news/the-new-era-of-accounting-services-a-complete-solution-for-cfos

Comprehensive Solutions for CFOs in the Modern Accounting Landscape, in the fast-paced business world of today, strategic financial management has become increasingly critical....

4. Greek households order food up to 3 times a week

https://knews.kathimerini.com.cy/en/news/greek-households-order-food-up-to-3-times-a-week

More and more households in Greece are relying on takeout, having food delivered as many as three times a week. Rising demand has also led to an increase in recent years of food service enterprises being established with the exclusive purpose of distributing ready meals, without having a dining area....

5. Cyprus projects €1.13 billion fiscal surplus for 2025

https://knews.kathimerini.com.cy/en/news/cyprus-projects-€1-13-billion-fiscal-surplus-for-2025

Cyprus is on track to achieve a fiscal surplus of €1.13 billion in 2025, amounting to 3.3% of GDP, according to the state budget presented to the House of Representatives on Thursday. ...

6. Government revenue boosts Cyprus surplus to €702.5 million

https://knews.kathimerini.com.cy/en/news/government-revenue-boosts-cyprus-surplus-to-€702-5-million

The Republic of Cyprus recorded a significant fiscal surplus of €702.5 million for the period of January to July 2024, according to preliminary General Government fiscal results, released on Friday by the Statistical Service of Cyprus....

7. Cyprus finalizes 2025 budget with focus on export growth

https://knews.kathimerini.com.cy/en/business/cyprus-finalizes-2025-budget-with-focus-on-export-growth

The Council of Ministers is set to finalize discussions on the 2025 state budget by mid-September, as confirmed by Finance Minister Makis Keravnos. ...

8. Cyprus boosts R&D Funding by nearly 20%, spending €138M in 2023

https://knews.kathimerini.com.cy/en/news/cyprus-boosts-r-d-funding-by-nearly-20-spending-€138m-in-2023

Cyprus significantly boosted its investment in research and development (R&D) in 2023, with government budget allocations rising by 19.8% compared to the previous year, according to new data from Eurostat. This increase is notably higher than the average 5.3% rise observed across the European Union during the same period....

9. Central Bank revises GDP growth to 3%

https://knews.kathimerini.com.cy/en/news/central-bank-revises-gdp-growth-to-3

The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth rate for 2024, by 0.2 percentage points, to 3%......

10. Polis Chrysochous plans industrial zone, €141M investment

https://knews.kathimerini.com.cy/en/news/polis-chrysochous-plans-industrial-zone-€141m-investment

The municipality of Polis Chrysochous is set to undergo a transformative development phase with planned projects totaling €141 million over the coming years, as announced by Mayor Yiotos Papachristofis. ...

11. Cyprus ranks among top innovators in Europe

https://knews.kathimerini.com.cy/en/business/cyprus-ranks-among-top-innovators-in-europe

Among the best-performing countries in terms of innovation between 2023 and 2024 is Cyprus, according to the latest European Commission data....

12. Cyprus charts course for 2025 budget surplus

https://knews.kathimerini.com.cy/en/news/government-charts-course-for-2025-budget-surplus

President Nikos Christodoulides announced during a Cabinet meeting on Monday that the government is on track to achieve a budget surplus for the fiscal year 2025....

13. Cyprus risks losing €657M EU grant for Interconnector project, says Energy Minister

https://knews.kathimerini.com.cy/en/news/cyprus-risks-losing-€657m-eu-grant-for-interconnector-project-says-energy-minister

Energy Minister George Papanastasiou expressed concerns over the potential withdrawal of a €657 million subsidy by the European Commission for the electricity interconnection project between Cyprus and Greece......

14. Great Sea Interconnector study outlines benefits July 11

https://knews.kathimerini.com.cy/en/news/great-seat-interconnector-study-outlines-benefits-july-11

The Greek Regulatory Authority for Energy (RAAEU) has made a significant decision regarding the methodology for calculating the regulated revenue......

15. Cyprus achieves €600 million fiscal surplus in Q1 2024

https://knews.kathimerini.com.cy/en/news/cyprus-achieves-€600-million-fiscal-surplus-in-q1-2024

Cyprus generated a fiscal surplus close to €600 million in the first quarter of 2024, marking an increase of 58% year on year, driven by the rise in state revenue which exceeded the rise in spending....

16. €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,...

17. 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. ...

18. 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....

19. ''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...

20. 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!...

21. 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. ...

22. 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....

23. 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....

24. 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....

25. 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....

26. 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....

27. 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....

28. 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,...

29. 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. ...

30. 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. ...

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