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12° Nicosia,
05 May, 2024
 

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Displaying results 121-150 of 372 matches for query financial crisis.

121. Cypriot author claims police trying to ban his book on corruption

https://knews.kathimerini.com.cy/en/news/cypriot-author-claims-police-trying-to-ban-his-book-on-corruption

A Cypriot investigative journalist accused the police on Wednesday of trying to prevent him from publishing books he wrote about corruption in his country....

122. Rising cost of living worrisome for almost all Cypriots

https://knews.kathimerini.com.cy/en/news/rising-cost-of-living-worrisome-for-almost-all-cypriots

The rising cost of living, the threat of poverty and social exclusion, and the migration issue are Cypriots’ greatest concerns according to the European Parliament’s Autumn 2022 Eurobarometer Survey released on Thursday....

123. Presidential debate: Boring, hilarious and chaotic but otherwise satisfactory

https://knews.kathimerini.com.cy/en/news/presidential-debate-boring-hilarious-and-chaotic-but-otherwise-satisfactory

Averof Neophytou, Andreas Mavroyiannis, Nikos Christodoulides, Christos Christou, Achilleas Demetriades, Giorgos Kolokasidis, and Konstantinos Christofides clashed in another debate last night which was aired on TV stations Alpha, Ant1, Sigma, and Omega....

124. 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, ...

125. 'Generators of hope'

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-generators-of-hope

The war in Ukraine is continuing unabatedly. Every day we hear about new atrocities of seemingly indiscriminate bombing of civilians. But we also see deliberate and targeted attacks on critical civilian infrastructure, such as electricity transmission networks....

126. The 2023 Budget in the vortex of the elections

https://knews.kathimerini.com.cy/en/news/the-2023-budget-in-the-vortex-of-the-elections

The government of President Anastasiades has just submitted its final budget, for 2023. DISY will undoubtedly support the budget, but it will be interesting to see what position it will take if and when the polls are confirmed....

127. CBC Governor: 'Any recession is expected to be mild and short-lived'

https://knews.kathimerini.com.cy/en/business/cbc-governor-any-recession-is-expected-to-be-mild-and-short-lived

Constantinos Herodotou, Governor of the Central Bank of Cyprus, talked about the ECB objective and actions to restore and stabilize inflation at 2% in the medium term and maintain financial stability, saying that any recession is expected to be mild and short....

128. The EU will retaliate if Turkey's unilateral actions in Cyprus continue

https://knews.kathimerini.com.cy/en/news/the-eu-will-retaliate-if-turkey-s-unilateral-actions-in-cyprus-continue

A local source in Brussels said that if Turkey continues to take unilateral actions against Cyprus in violation of existing UN Security Council resolutions, there will be a reaction, noting that Nicosia "has no better ally than Brussels." ...

129. Cyprus gets taste of EU’s €85 million with a caveat

https://knews.kathimerini.com.cy/en/news/cyprus-gets-taste-of-eu-s-€85-million-with-a-caveat

Cyprus will get Friday the first tranche of €85 million from the EU's Recovery and Resilience Mechanism, with European Commission technocrats also pointing to repeated suspensions of foreclosures in Cyprus that create problems in terms of achieving the goal of further reduction of NPLs...

130. €76.4m profit in first 9 months of 2022 for Hellenic

https://knews.kathimerini.com.cy/en/business/€76-4m-profit-in-first-9-months-of-2022-for-hellenic

Hellenic Bank announced a profit of €76.4 million for the first 9 months of 2022. According to the Group Financial Results for the nine-month period, ...

131. Sizable migrant flows pushing national asylum systems to breaking point

https://knews.kathimerini.com.cy/en/news/sizable-migrant-flows-pushing-national-asylum-systems-to-breaking-point

The disproportionate migratory flows have led to a situation of force majeure, forcing to their limits the national asylum and reception systems, said Interior Minister Nicos Nouris....

132. Wim Van Aken talks recession and the predictions for Cyprus

https://knews.kathimerini.com.cy/en/news/op-ed-wim-van-aken-talks-recession-and-the-predictions-for-cyprus

We are facing a double shock. First, we had the Covid-19 shock and now the global and European economies are facing a new shock with the war in Ukraine. Both events are unprecedented for many of us....

133. Liz Truss resigns

https://knews.kathimerini.com.cy/en/news/liz-truss-resigns

Liz Truss was on Thursday forced to quit as UK prime minister, drawing to a dramatic close 44 days in office which saw her preside over an economic meltdown and catastrophic damage to the ruling Conservative party....

134. Average employee gross earnings up 3.2% in 2021

https://knews.kathimerini.com.cy/en/business/average-employee-gross-earnings-up-3-2-in-2021

The average gross monthly earnings of employees for 2021 increased by 3.2% compared to 2020 to €2,067, reaching a decade high....

135. IMF predicts a return to fiscal surpluses for Cyprus following the pandemic

https://knews.kathimerini.com.cy/en/news/imf-predicts-a-return-to-fiscal-surpluses-for-cyprus-following-the-pandemic

Cyprus’ public finances will return to surpluses in 2023 which will continue until 2027, the IMF said in its Fiscal Monitor 2022 issued on Wednesday....

136. The future of the banking sector is digital, green and social

https://knews.kathimerini.com.cy/en/news/the-future-of-the-banking-sector-is-digital-green-and-social

The future of the banking sector is digital, green and social, said the participants at the 3rd online FMW Conference, titled "Banking System: New Challenges and Opportunities". The Conference also highlighted the contrast between trying to tame inflation by raising interest rates and supporting vulnerable groups to avoid social unrest....

137. EU countries approve energy windfall levies, turn to gas price cap

https://knews.kathimerini.com.cy/en/news/eu-countries-approve-energy-windfall-levies-turn-to-gas-price-cap

European Union countries agreed on Friday to impose emergency levies on energy firms’ windfall profits and began talks on their next move to tackle Europe’s energy crunch – possibly a bloc-wide gas price cap....

138. Finance Minister calls for prudency to safeguard economy

https://knews.kathimerini.com.cy/en/news/finance-minister-calls-for-prudency-to-safeguard-economy

Cypriot Minister of Finance Constantinos Petrides, stressed on Wednesday evening the need to be “even more careful” with the fiscal discipline in the new challenging era, while Central Bank Governor Constantinos Herodotou referred to the risk of new NPLs due to the challenging economic conditions....

139. Europe's vegetable farmers warn of shortages as energy crisis bites

https://knews.kathimerini.com.cy/en/news/europe-s-vegetable-farmers-warn-of-shortages-as-energy-crisis-bites

Emmanuel Lefebvre produces thousands of tonnes of endives on his farm in northern France annually, but this year he may abandon his crop because of the crippling energy costs required to freeze the harvested bulbs....

140. FT: The Bank of Cyprus/Lone Star deal is not just about price

https://knews.kathimerini.com.cy/en/news/ft-the-bank-of-cyprus-lone-star-deal-is-not-just-about-price

Cyprus has attracted a different sort of visitor recently. US buyout group Lone Star has taken an interest in Bank of Cyprus, the island nation’s largest lender....

141. Greece is enticing northern EU retirees with its 'easier winters'

https://knews.kathimerini.com.cy/en/business/greece-is-enticing-northern-retirees-with-its-easier-winters

Northern pensioners who want to afford this winter more easily with a significantly lower financial burden can now travel to Greece, according to the Greek Minister of Tourism, Vasilis Kikilias....

142. Western retaliation against Ankara

https://knews.kathimerini.com.cy/en/news/western-retaliation-against-ankara

Western governments are expressing concern about the tightening of relations between Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin, a development that makes the prospect of retaliation more likely if the NATO member state helps Moscow avoid sanctions....

143. EC to force energy companies to share their profits

https://knews.kathimerini.com.cy/en/news/ec-to-force-energy-companies-to-share-their-profits

The European Commission plans to raise more than €140 billion to relieve consumers from soaring energy prices, according to Reuters, by "taking a chunk of the revenue from low-cost electricity producers and forcing fossil fuel companies to share their huge profits. ...

144. 'Cyprus Tomorrow Plan': The legacy of the Anastasiades government

https://knews.kathimerini.com.cy/en/news/cyprus-tomorrow-plan-the-legacy-of-the-anastasiades-government

Cyprus President Nicos Anastasiades said he has a “clear conscience” as he delivered on his commitments concerning the creation of a “welfare state with no exclusions,”...

145. Mario Nava: 'Energy can strengthen the connection between the two communities'

https://knews.kathimerini.com.cy/en/news/mario-nava-energy-can-strengthen-the-connection-between-the-two-communities

In an interview with Kathimerini, Mario Nava touches on a number of issues with regard to the Cyprus Problem, including how trade between the two communities is the only answer to smuggling, the progress in the implementation of the Halloumi case and the role of the EU in future Cyprus talks....

146. Anna Luhrmann speaks to 'K' with a view to strengthening Cypriot-German relations

https://knews.kathimerini.com.cy/en/news/anna-luhrmann-speaks-to-k-with-a-view-to-strengthening-cypriot-german-relations

German State Secretary for Foreign Affairs Foreign Affairs, Anna Luhrmann, arrived in Cyprus on an official visit and spoke to "K" about the current developments in the eastern Mediterranean and the war in Ukraine. ...

147. Euro-dollar exchange falls to a 20-year low

https://knews.kathimerini.com.cy/en/business/euro-dollar-exchange-falls-to-a-20-year-low

The escalation of the energy crisis with Moscow's aggressive, albeit predictable, decision to close the Nord Stream 1 pipeline indefinitely has led to a new fall in the euro, this time below 99 cents on the dollar....

148. Carob wars continue at peak harvest season

https://knews.kathimerini.com.cy/en/news/carob-wars-continue-at-peak-harvest-season

Carob wars continue to rage in Limassol after local farmers discovered that someone beat them to their trees as the harvest season was drawing to a close...

149. Russia threatens, no more gas via Nord Stream 1 if sanctions are not lifted

https://knews.kathimerini.com.cy/en/news/russia-threatens-no-more-gas-via-nord-stream-1-if-sanctions-are-not-lifted

Gas supplies from Russia to Europe via the Nord Stream 1 pipeline will not fully resume until the "collective West" lifts sanctions against Moscow for its invasion of Ukraine, the Kremlin has said, according to the Financial Times....

150. Metsola: 'Europe's bloc is made stronger by the discovery of so much natural gas in your country'

https://knews.kathimerini.com.cy/en/news/metsola-europe-s-bloc-is-made-stronger-by-the-discovery-of-so-much-natural-gas-in-your-country

In anticipation of Roberta Metsola's visit to Cyprus on September 9th, Kathimerini's George Kakouris sits down with the European Parliament President and gets her take on the Cyprus problem, recently discovered natural gas reserves and the issue behind Cyprus' "golden passport" scandal....

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