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12° Nicosia,
29 March, 2024
 

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Displaying results 1-30 of 110 matches for query finances.

1. Cyprus' economic resilience earns high credit rating confirmation

https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation

International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks. ...

2. Blurred lines between the church, state, and scandal in Cyprus

https://knews.kathimerini.com.cy/en/news/the-blurred-lines-between-the-church-state-and-scandal-in-cyprus

Last week, amid the shadow of scandals in the Church, ELAM President Christos Christou ensured to provide full coverage to Metropolitan Isaias, ...

3. Trump fined $354.9 million in New York civil fraud trial

https://knews.kathimerini.com.cy/en/news/trump-fined-$354-9-million-in-new-york-civil-fraud-trial

Former US President Donald Trump faces a hefty fine of $354.9 million (£281.6 million) following a civil fraud trial in New York. Including interest, he must pay at least $453.5 million (£359.9 million). ...

4. Sarkozy sentenced to one year in jail for illegal campaign financing

https://knews.kathimerini.com.cy/en/news/sarkozy-sentenced-to-one-year-in-jail-for-illegal-campaign-financing

The Paris appeals court found former French President Nicolas Sarkozy guilty of illegal campaign financing for his failed 2012 re-election bid. The lower court's previous ruling was confirmed....

5. Spanish banks wary of Cypriot student accounts

https://knews.kathimerini.com.cy/en/news/spanish-banks-wary-of-cypriot-student-accounts

The impact of Cyprus being deemed a high-risk destination continues to reverberate even in European Union countries, with remnants of its troubled past lingering....

6. Ever wonder how happy people are in Cyprus?

https://knews.kathimerini.com.cy/en/news/ever-wonder-how-happy-people-are-in-cyprus

Ever wonder how happy people are in Cyprus? Well, they recently gave their overall life satisfaction a score of 7.2 out of 10, according to Eurostat, the statistical service of the European Union. That's pretty close to the EU average, which stands at 7.1....

7. Dr. Anastasatos forecasts bright future for Cyprus economy

https://knews.kathimerini.com.cy/en/news/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview

Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....

8. Cyprus tax reform targets green initiatives and economic revitalization

https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-targets-green-initiatives-and-economic-revitalization

By March 2024, the initial six phases of the tax transformation project commissioned by the Ministry of Finance to the Centre for Economic Research of the University of Cyprus will conclude,...

9. ''Same-sex childbearing not allowed,'' says Archbishop George

https://knews.kathimerini.com.cy/en/news/same-sex-childbearing-not-allowed-says-archbishop-george

Archbishop George of Cyprus clarifies the content of his Christmas message, which sparked political reactions....

10. Navigating the festive frenzy

https://knews.kathimerini.com.cy/en/news/navigating-the-festive-frenzy

The government is grappling with significant challenges in managing and addressing the housing needs of its building stock....

11. Preventive pediatrics expansion: Center takes on eight more diseases

https://knews.kathimerini.com.cy/en/news/preventive-pediatrics-expansion-center-takes-on-eight-more-diseases

''The CPP has been carrying out a project on behalf of the State for 35 years and covers the needs of the entire population of the country free of charge on a voluntary basis'', says Fotini Tsiridou, the president of the Association of Friends of the Center of Preventive Pediatrics ''Amerikos Argyriou'' and councillor of DISY, to ''K''....

12. EU's groundbreaking e-health project unveiled

https://knews.kathimerini.com.cy/en/news/eu-s-groundbreaking-e-health-project-unveiled

The planning of the project for citizens’ e-health file will last 30 months, but at the same time the implementation of some pillars of the project will begin, said the Chairman of the National e-health Authority (NeHA), Professor Christos N. Schizas....

13. A deep dive into food waste solutions

https://knews.kathimerini.com.cy/en/news/a-deep-dive-into-food-waste-solutions

A third of all food produced is never eaten, meanwhile millions go hungry. What can be done? Here are six simple solutions to food waste....

14. Key economic issues dominate the headlines

https://knews.kathimerini.com.cy/en/news/key-economic-issues-dominate-the-headlines

Despite various actions taken and a decrease in inflation, there are worries about the central bank's ability to achieve its goals. Some experts suggest that the target of 2% price growth, ...

15. Piki shares the government's tech-powered 6-year plan

https://knews.kathimerini.com.cy/en/news/piki-shares-the-government-s-tech-powered-6-year-plan

The government is ramping up the execution of a series of projects, bolstering resources and expertise in collaboration with the Deputy Ministry of Research, Innovation, and Digital Policy, according to Irene Piki, Deputy Minister to the president....

16. Israeli-Hamas war puts Cyprus and Egypt at forefront of credit risks

https://knews.kathimerini.com.cy/en/news/israeli-hamas-war-puts-cyprus-and-egypt-at-forefront-of-credit-risks

Cyprus and Egypt are currently facing the most direct credit risks among countries rated by Scope Ratings due to the Israeli-Hamas conflict, warns the German firm....

17. How high is too high before tax relief kicks in?

https://knews.kathimerini.com.cy/en/business/how-high-is-too-high-before-tax-relief-kicks-in

Diesel prices have dipped by nine cents per liter at gas stations compared to late August, while unleaded 95-octane petrol is now six cents cheaper....

18. Bank refunds $500,000 to elderly customer

https://knews.kathimerini.com.cy/en/news/bank-refunds-$500-000-to-elderly-customer

From Australia comes a story of corporate responsibility in the face of personal tragedy as an elderly national bank depositor had nearly AUD$500,000 returned to him out of the bank’s own pockets. ...

19. Real estate prices surge by 7.7%

https://knews.kathimerini.com.cy/en/news/real-estate-prices-surge-by-7-7

The prices in the Cyprus real estate market have been going up in recent years....

20. Sklavenitis and Papantoniou hypermarkets to merge

https://knews.kathimerini.com.cy/en/news/sklavenitis-and-papantoniou-hypermarkets-to-merge

The news about Sklavenitis' plan to boost its presence in the Cypriot market appears to be confirmed. It seems that the company is currently talking with Papantoniou supermarket about a potential merger....

21. Money blues: Why's the economy going South?

https://knews.kathimerini.com.cy/en/news/cyprus-money-blues-why-s-the-economy-going-south

"Currency developments validate predictions made some time ago. The high interest rate environment will be a new reality accompanying us for several years," former Minister of Finance Constantinos Petrides stated in a post on the platform 'X'....

22. Cyprus faces deceleration amid inflation and rising rates

https://knews.kathimerini.com.cy/en/news/cyprus-faces-deceleration-amid-inflation-and-rising-rates

Cyprus' economy experienced a slowdown in the second quarter of 2023, prompting inquiries about the situation. According to the preliminary estimate provided by the Statistical Service, ...

23. GDP alert: Economic storm brewing?

https://knews.kathimerini.com.cy/en/news/gdp-alert-economic-storm-brewing

Former Minister of Finance, Konstantinos Petrides, comments on the GDP results for the 2nd quarter with five observations....

24. Eurobank Cyprus reports soaring profits amid rising interest rates

https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-reports-soaring-profits-amid-rising-interest-rates

Eurobank Cyprus posted soaring profitability after tax for the first half of 2023 with net profits approaching the profitability of full year 2022, due to rising interest rates and the high remuneration of its liquidity held at the ECB....

25. NPL crisis highlights tug of war between borrowers and legislation

https://knews.kathimerini.com.cy/en/business/npl-crisis-highlights-tug-of-war-between-borrowers-and-legislation

The concealment, or "camouflage," of non-performing loans (NPLs) in commercial banks before 2013 and their subsequent explosion have been, and may continue to be, the most significant challenge for the Cypriot economy. ...

26. Petrides tweets expose EuroAsia Interconnector's risks

https://knews.kathimerini.com.cy/en/news/petrides-tweets-expose-euroasia-interconnector-s-risks

A series of points accompanied by questions were posted on Twitter by former Minister of Finance, Constantinos Petrides, commenting on the developments regarding the evaluation of the sustainability of the EuroAsia Interconnector project, the electric interconnection project between Cyprus, Greece, and Israel. ...

27. Cyprus approves €361M supplementary budget for 2023

https://knews.kathimerini.com.cy/en/news/cyprus-approves-€361m-supplementary-budget-for-2023

With criticism against the government's agreement for the purchase of the Metropolitan building, which will house the Ministry of Labor and Social Insurance, the Plenary of the House of Representatives approved the supplementary state budget amounting to €361 million....

28. Cabinet pulls plug on fuel subsidies

https://knews.kathimerini.com.cy/en/news/cabinet-pulls-plug-on-fuel-subsidies

Temporary fuel state subsidies are set to expire before the weekend in the Republic of Cyprus, after the finance minister announced an extension could not be justified...

29. Drug-related deaths surge in Vienna

https://knews.kathimerini.com.cy/en/news/drug-related-deaths-surge-in-vienna

A new UN report said the number of people suffering from drug use disorders had skyrocketed in the last 10 years....

30. Hunter Biden to plead guilty to three federal charges

https://knews.kathimerini.com.cy/en/news/hunter-biden-to-plead-guilty-to-three-federal-charges

President Joe Biden’s son Hunter has been charged with failing to pay federal income tax and illegally possessing a weapon and has reached an agreement with the Justice Department, according to a letter filed in U.S. District Court in Delaware....

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