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12° Nicosia,
01 November, 2024
 

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Displaying results 61-90 of 175 matches for query expenditure.

61. Tourism sets record revenue with fewer arrivals

https://knews.kathimerini.com.cy/en/news/tourism-sets-record-revenue-with-fewer-arrivals

The latest data on tourism revenues for the month of May has brought encouraging news for the tourism sector, signaling positive effects on the Cypriot economy....

62. Government achieves €155.5M surplus in 2023

https://knews.kathimerini.com.cy/en/news/government-achieves-€155-5m-surplus-in-2023

Cyprus government's surplus for the first half of 2023 increased to €155.5 million, equivalent to 0.5% of GDP, compared to a deficit of €92.4 million (-0.3% of GDP) for the period of January-June 2022, based on preliminary fiscal results from the Statistical Service of Cyprus. ...

63. EU wants more independence for Cyprus prosecutor

https://knews.kathimerini.com.cy/en/news/commission-wants-more-independence-for-cyprus-prosecutor

The European Commission has stressed the need for Cyprus to strengthen the independence and the accountability of the Prosecution Service...

64. Health Ministry increases IVF subsidy to boost fertility rates

https://knews.kathimerini.com.cy/en/news/health-ministry-increases-ivf-subsidy-to-boost-fertility-rates

In an effort to combat under-fertility and bolster population growth, the Council of Ministers has approved a proposal to revise the subsidy scheme for infertility treatment in Cyprus. ...

65. Backlash over Cyprus' VAT refund change

https://knews.kathimerini.com.cy/en/news/backlash-over-cyprus-vat-refund-change

The recent decision made by the Department of Customs to raise the expenditure limit for VAT refunds to third-country travelers visiting Cyprus is receiving criticism for its adverse effects on tourism expenditure....

66. Cabinet approves tax deductions for businesses and extends tax payment deadline

https://knews.kathimerini.com.cy/en/news/cabinet-approves-tax-deductions-for-businesses-and-extends-tax-payment-deadline

The Cabinet approved several important measures on Wednesday, including a bill on tax rebates for businesses for energy upgrades, an extension of the tax payment deadline, and a suspension of the obligation to file tax returns for individuals with a taxable income below €19,500....

67. Energy Minister puts forth Cyprus' natural gas to cut costs for consumers

https://knews.kathimerini.com.cy/en/news/energy-minister-puts-forth-cyprus-natural-gas-to-cut-costs-for-consumers

Cyprus' Energy Minister George Papanastasiou said that, during his discussions with consortiums operating in the Cypriot Exclusive Economic Zone (EEZ), he suggested the option of importing natural gas quantities from the EEZ for power generation, in combination with LNG exports via a small LNG plant....

68. Surplus of €363 mn recorded in Cyprus in Jan-Feb 2023

https://knews.kathimerini.com.cy/en/news/surplus-of-€363-mn-recorded-in-cyprus-in-jan-feb-2023

A surplus of €363 mn or 1.3% of GDP for the period of January-February 2023, according to the preliminary General Government fiscal results, published by the Statistical Service of Cyprus on Friday....

69. Investors flock to 'green' bonds as a secure investment

https://knews.kathimerini.com.cy/en/news/investors-flock-to-green-bonds-as-a-secure-investment

70. Tourism revenue at €45.6 million in January

https://knews.kathimerini.com.cy/en/business/tourism-revenue-at-€45-6-million-in-january

Revenue from tourism amounted to €45.6 million in January 2023, significantly surpassing the revenue from tourism in January last year, as well as in January 2019, a record year for Cypriot tourism....

71. Cyprus' hourly labor costs below EU average at 19.4 euros

https://knews.kathimerini.com.cy/en/business/cyprus-hourly-labor-costs-below-eu-average-at-19-4-euros

The average hourly labor costs in Cyprus increased from €18 in 2021 to €19.4 in 2022, according to Eurostat. Hourly labor costs were the lowest in the EU in Bulgaria (€8.2) and Romania (€9.5), and highest in Luxembourg (€50.7), Denmark (€46.8) and Belgium (€43.5). ...

72. Sustainability is the name of the game

https://knews.kathimerini.com.cy/en/news/sustainability-is-the-name-of-the-game

The Deputy Ministry of Tourism in Cyprus has announced plans to create a new tourism strategy with a horizon of 2035. ...

73. Nicosia among small European cities of the future

https://knews.kathimerini.com.cy/en/news/nicosia-among-small-european-cities-of-the-future

Nicosia ranks first in the category of small European cities of the future for human capital and lifestyle, according to the results of the European Cities & Regions of the Future 2023 global ranking....

74. Cyprus GDP and employment up according to Eurostat

https://knews.kathimerini.com.cy/en/news/cyprus-gdp-and-employment-up-according-to-eurostat

Both GDP and employment increased during the 4th quarter of 2022 compared to the previous quarter in Cyprus, while in the eurozone GDP remained stable and employment increased and in the EU GDP fell and employment increased, according to estimates released by Eurostat, the statistical service of the EU....

75. Consumers cutting back on non-essential items as cost of living rises

https://knews.kathimerini.com.cy/en/news/consumers-cutting-back-on-non-essential-items-as-cost-of-living-rises

As the cost of living crisis continues to rise globally, consumers have drastically adjusted their spending behaviors, with the majority (53%) of global consumers “holding back” on non-essential spending. ...

76. Tourists are spending 13% more in Cyprus

https://knews.kathimerini.com.cy/en/news/tourists-are-spending-13-more-in-cyprus

If there is one thing that has changed in the past year's data on the tourism industry, it is the realization that, even though there are fewer visitors coming in than in 2019,...

77. President cancels order for state vehicles

https://knews.kathimerini.com.cy/en/news/president-cancels-order-for-state-vehicles

The government has withdrawn the request pending before the parliamentary finance committee for the purchase of vehicles for state officials, the parliamentary finance committee said....

78. Government surplus of €609.5 million for 2022

https://knews.kathimerini.com.cy/en/news/government-surplus-of-€609-5-million-for-2022

General Government preliminary fiscal results published by the Statistical Service of Cyprus on Tuesday indicate a surplus of €609.5 mn, equal to 2.3% of GDP, for the period of January-December 2022, compared to a deficit of €402.8 mn or 1.7% of GDP, that was recorded during the period of January-December 2021....

79. The who's who of the Christodoulides government

https://knews.kathimerini.com.cy/en/news/the-who-s-who-of-the-christodoulides-government

On Monday afternoon (27/02), Nikos Christodoulides, the country's new leader, unveiled his new administration. Read the detailed biographies of the individuals who make up the new government....

80. Plans to upgrade hotels in the mountains and countryside are underway

https://knews.kathimerini.com.cy/en/news/plans-to-upgrade-hotels-in-the-mountains-and countryside-are-underway

81. Cyprus drives hard bargain on EU migration money

https://knews.kathimerini.com.cy/en/news/cyprus-drives-hard-bargain-on-eu-migration-money

Outgoing Cypriot President Nicos Anastasiades will note the disproportionate burden for the Republic of Cyprus due to the increased migration flows, during the European Council summit taking place on Thursday and Friday in Brussels, highlighting the instrumentalization of the migration issue by Turkey...

82. Cabinet approves subsidies to fund digital business upgrades

https://knews.kathimerini.com.cy/en/business/cabinet-approves-subsidies-to-fund-digital-business-upgrades

At today's Cabinet meeting, the Grant Scheme for "Digital Upgrading of Enterprises" was approved. This project is part of Cyprus's Recovery and Resilience Plan (RSP) for the years 2021-2026, and it will be funded by the European Union's (EU) Recovery and Resilience Mechanism (RRM)....

83. Tourism revenues are on the mend

https://knews.kathimerini.com.cy/en/news/tourism-revenues-are-on-the-mend

Savvas Perdios, the deputy tourism minister, spoke with K shortly after his trip to New York and Washington, D.C., about the ministry's investment in this market and the need to gradually lay the groundwork for increased American visitor numbers in Cyprus....

84. Averof received funds from Russian oligarchs, says Nikolas

https://knews.kathimerini.com.cy/en/news/averof received-funds-from-russian-oligarchs-says-nikolas

Phedonas Phedonos has mentioned Averof Neofytou in relation to his complaint about Russian oligarchs financing a candidate, says DIKO President Nikolas Papadopoulos....

85. Social media campaigning is dominating this year's electoral race

https://knews.kathimerini.com.cy/en/news/social-media-campaigning-is-dominating-this-year-s-electoral-race

If this election differs from previous ones in any way, it is because the lion's share of the advertising pie has shifted to digital media, particularly social media, with Facebook and Instagram dominating in terms of the amount of advertising content given to them....

86. Housing, water and energy take up 25% of EU household expenses

https://knews.kathimerini.com.cy/en/news/housing-water-and-energy-take-up-25-of-eu-household-expenses

In 2021, ‘Housing, water, electricity, gas and other fuels’ represented a quarter (25.0%) of EU household expenditure and 17.1% of household expenditure in Cyprus, according to Eurostat, the statistic service of the EU....

87. The plan to bring in more German tourists

https://knews.kathimerini.com.cy/en/business/the-plan-to-bring-in-more-german-tourists

In a trip organized by the FTI Group and Meeting Point, German travel agents recently visited the island and discovered increased demand for Cyprus....

88. Nikos Christodoulides’ program for the next five years

https://knews.kathimerini.com.cy/en/comment/opinion/nikos-christodoulides-program-for-the-next-five-years

Cypriots will go to the polls on February 5 to elect the 8th President of the Republic. The campaign began very early compared to previous elections and will intensify during the remaining few weeks. ...

89. €651.4 million of government surplus recorded until September 2022

https://knews.kathimerini.com.cy/en/news/€651-4-million-of-government-surplus-recorded-until-september-2022

Cyprus' general government surplus rose to 651.4 million for the period of July-September 2022 compared with a surplus of €319.5 mn recorded in the respective period of last year, according to preliminary general government fiscal results....

90. Finance Ministry: 'Cyprus economy will not enter a recession'

https://knews.kathimerini.com.cy/en/news/finance-ministry-cyprus-economy-will-not-enter-a-recession

There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...

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