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%......
https://knews.kathimerini.com.cy/en/news/greece-battles-major-sheep-and-goat-plague-in-11-regions
New cases of sheep and goat plague are expected in Greece, with 35 outbreaks already reported across 11 of the country's 13 regions, according to Agriculture Minister Kostas Tsiaras. Movement and slaughter bans will remain in effect next week to curb the spread....
https://knews.kathimerini.com.cy/en/news/eu-plans-two-phase-trade-strategy-if-trump-wins-presidency
Brussels is developing a two-phase trade strategy in response to the potential nomination of Donald Trump in the upcoming U.S. presidential election in November....
https://knews.kathimerini.com.cy/en/news/russian-tech-professionals-flock-to-cyprus-despite-sanctions
A recent study by the PACE think tank has underscored the profound transformation of Cyprus' economy amid Western sanctions and the aftermath......
https://knews.kathimerini.com.cy/en/news/cyprus-exports-decline-sharply-while-imports-see-a-modest-rise
Cyprus saw its trade deficit grow in May 2024, largely due to a significant drop in exports and a slight increase in imports, according to recent data from the Cyprus Statistical Service. The trade deficit for May 2024 was €693.4 million, up from €578.2 million in May 2023....
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....
https://knews.kathimerini.com.cy/en/news/producers-must-increase-goat-and-sheep-s-milk-in-halloumi
Agriculture Minister Maria Panayiotou announced on Saturday a new decree to adjust milk quotas for making Halloumi cheese with Protected Designation of Origin (PDO) status. She also revealed financial support measures for the sector....
https://knews.kathimerini.com.cy/en/news/cyprus-secures-halloumi-pdo-status-with-5-year-plan
Cyprus has been granted a 5-year transition period by the European Commission to comply with the requirements for the production of halloumi......
https://knews.kathimerini.com.cy/en/news/cyprus-reconsiders-defense-strategy-amidst-global-conflicts
The shifting geopolitical landscape in Europe, marked by the ongoing conflicts in Ukraine and the Israel-Hamas war, is prompting EU member states, including Cyprus...
https://knews.kathimerini.com.cy/en/news/india-s-arms-sales-to-israel-amid-gaza-conflict-raises-eyebrows
Allegations surrounding India's involvement in supplying arms to Israel during the Gaza conflict have intensified, casting a spotlight on potential implications for both countries....
https://knews.kathimerini.com.cy/en/news/cbc-projects-3-gdp-growth-in-2024
The Central Bank of Cyprus has revised its 2024 forecast for GDP growth to 3%, from 2.8% that was expected last March, mainly due to the upward revision of domestic demand, while it maintained its forecast for growth in the years 2025 and 2026, at 3.1% and 3.2%, respectively....
https://knews.kathimerini.com.cy/en/news/what-s-in-a-name-the-romantic-tale-of-rosebank-whisky
Rosebank. What a romantic name, isn’t it? To me, it conjures up images of blooming roses and tranquil riverbanks. ...
https://knews.kathimerini.com.cy/en/news/king-s-birthday-celebrated-with-classic-british-flair
The British High Commission in Cyprus hosted a lively reception at the British High Commissioner's residence on Wednesday evening to celebrate King Charles III's birthday....
https://knews.kathimerini.com.cy/en/business/eu-to-impose-up-to-25-tax-on-imported-chinese-evs
The European Commission is set to notify car makers on Wednesday that it will provisionally apply additional duties of up to 25% on imported Chinese electric vehicles (EVs) starting next month, according to the Financial Times, citing sources familiar with the matter....
https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-shrinks-by-€708-million
The trade deficit in Cyprus decreased by €708 million in January-April 2024 compared to the same period in 2023, driven by a significant 18.4% drop in imports, according to the Statistical Office....
https://knews.kathimerini.com.cy/en/news/greek-olive-oil-producers-reject-bulk-sales-thrive-in-export-market
They knew the easy way. They could have effortlessly sent their oil in bulk to Italy....
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...
https://knews.kathimerini.com.cy/en/business/limassol-hosts-inaugural-propeller-club-event
The first Propeller Club event in Limassol convened shipping industry executives and institutional officials, marking a significant milestone in maritime cooperation....
https://knews.kathimerini.com.cy/en/news/no-jurors-chosen-yet-in-senator-menendez-s-corruption-trial
Jury selection began in the corruption trial of U.S. Senator Robert Menendez on Monday, with a judge excusing dozens of prospective jurors in a case that could affect the Democrat's political future and the makeup of the U.S. Senate....
https://knews.kathimerini.com.cy/en/news/trump-asks-oil-execs-for-$1b-to-undo-enviro-rules
Former President Donald Trump has made bold promises to overturn dozens of environmental regulations and laws implemented by the Biden administration during a meeting with top executives of American oil companies....
https://knews.kathimerini.com.cy/en/news/experts-predict-few-coal-plants-to-survive-stricter-us-regulations
New climate rules imposed by Joe Biden’s administration requiring huge cuts in carbon pollution from coal-fired power plants will accelerate the decline of an industry that until recently provided most of America’s power, experts say, potentially even dealing a death blow to coal in the US....
https://knews.kathimerini.com.cy/en/news/turkey-halts-trade-with-israel-prompting-israeli-criticism
Turkey is ''freezing'' all exports and imports to and from Israel starting today, according to two Turkish officials with knowledge of the matter, cited by Bloomberg....
https://knews.kathimerini.com.cy/en/business/imported-wine-squeezes-cyprus-market
According to Kathimerini reporter, Andreas Karamitas, wine marketing in Cyprus boasts an annual turnover of approximately €7 million, a sum primarily fueled by domestic consumption rather than exports, which only account for around €1 million. ...
https://knews.kathimerini.com.cy/en/news/wind-and-solar-could-power-eastern-mediterranean-and-middle-east-by-2050
The significant potential and great potential of wind and solar energy in the Eastern Mediterranean and Middle East (EMME) region up to 2050 is revealed......
https://knews.kathimerini.com.cy/en/news/iran-israel-tensions-economists-warn-of-global-market-turbulence
As tensions simmer between Israel and Iran following recent Iranian attacks, economists are closely monitoring the potential implications for global markets....
https://knews.kathimerini.com.cy/en/news/cyprus-to-promote-commandaria-wine-heritage-in-france
Cyprus' Minister of Agriculture, Rural Development, and Environment, Maria Panayiotou, revealed plans for a unique wine event aimed at promoting Cyprus' traditional sweet wine, commandaria, during her participation in a Ministerial Workshop on sustainability strategies in the vine and wine sector in Italy....
https://knews.kathimerini.com.cy/en/news/global-oil-prices-dip-after-iran-s-attack-on-israel
Oil prices fell in early Asian trade after Iran's reprisal attack on Israel over the weekend....
https://knews.kathimerini.com.cy/en/news/germany-under-fire-for-arms-sales-to-israel-amid-gaza-conflict
Germany will face a fresh call to revoke all arms sales to Israel on Thursday in a lawsuit that puts more pressure on Berlin amid a rising outcry about the scale of deaths and destruction in the war on Gaza....
https://knews.kathimerini.com.cy/en/news/turkey-blocks-exports-to-israel-amid-gaza-conflict
Turkey announced it's blocking exports of 54 different product categories to Israel until a ceasefire is declared in Gaza. This move comes as a response to Israel's military operations in Gaza....
https://knews.kathimerini.com.cy/en/business/2-march-newsletter-of-k-treppides-co-ltd-cyprus-securities-and-exchange-commission
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....