https://knews.kathimerini.com.cy/en/business/no-more-fridays-4-day-work-week-on-the-rise
The results are in: It's time for your company to stop working on Fridays (or Mondays)....
https://knews.kathimerini.com.cy/en/business/foreign-trade-increased-significantly-in-first-ten-months-of-the-2022
Cyprus' foreign trade registered a significant increase in the first ten months of 2022, according to data released on Monday by the Statistical Service of Cyprus. The trade deficit also increased due to the great increase in imports....
https://knews.kathimerini.com.cy/en/business/tech-companies-calling-for-employee-naturalizations-after-5-years
Following the 2023 Presidential Elections and the resumption of the meetings of the House of Representatives, ICT companies will begin "pushing" for the right to apply for naturalization after 5 years of residence and work in the Republic of Cyprus,...
https://knews.kathimerini.com.cy/en/news/turkish-cypriots-outraged-over-mufti-s-call-for-women-to-procreate-on-demand
A Muslim religious leader’s instruction to women to dutifully accept a husband's “invitation to bed” to procreate has sparked outrage among many Turkish Cypriots, who saw the remarks as an imported encroachment of fundamentalist Islam on their secular community....
https://knews.kathimerini.com.cy/en/news/limassol-meat-worth-more-than-50-000-euros-stolen
Limassol CID has arrested a 47-year-old man suspected of breaking into a meat warehouse and stealing goods worth more than 50,000 euros between 2022 and 2023 in Limassol....
https://knews.kathimerini.com.cy/en/life/eight-brand-spanking-new-restaurants-in-town
The city's culinary landscape has recently been enhanced by the addition of several new restaurants and dining establishments, all of which are listed below....
https://knews.kathimerini.com.cy/en/news/thief-arrested-after-reporting-his-phone-lost-during-burglary
When he went to the police to find a mobile phone he lost while burglarizing a convenience store, a 27-year-old thief in Thessaloniki fell into a trap he unintentionally set for himself, which led to his arrest....
https://knews.kathimerini.com.cy/en/business/dispute-resolution-services-a-more-cost-effective-way-to-resolve-issues
Going to court to resolve a dispute between a consumer and a business is not always necessary. There are alternatives that are less time-consuming and less expensive than legal action and can provide very effective solutions. ...
https://knews.kathimerini.com.cy/en/news/supermarkets-bet-on-their-own-private-labeled-products
Consumers are turning to private label and exclusive import products to combat inflationary pressures on consumer goods in supermarkets....
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....
https://knews.kathimerini.com.cy/en/business/amazon-to-layoff-18-000-employees
Amazon.com Inc's layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday....
https://knews.kathimerini.com.cy/en/business/ey-future-consumer-index-consumers-opt-for-caution-this-holiday-season
EY Future Consumer Index: consumers opt for caution this holiday season to cope with rising cost-of-living and environmental concerns, new data finds ...
https://knews.kathimerini.com.cy/en/news/lack-of-discounts-for-the-holiday-table
This year's Christmas table is expected to be laden with delectable fare. This is a tool that supermarkets have enlisted in order to retain customers and possibly increase sales, even in times of inflation....
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....
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, ...
https://knews.kathimerini.com.cy/en/news/students-most-frequent-internet-users-in-cyprus
Students are the group most frequently connected to the internet (99%), according to the results of the 2022 household information and communication technology usage survey, published by the Statistical Service on Thursday...
https://knews.kathimerini.com.cy/en/business/trade-deficit-jumps-to-€6-17-billion-in-january-–-october-2022
Cyprus’ trade deficit jumped to €6.17 billion for the period from January to October 2022, surpassing the deficit for the full year 2022 amounting to €5.24 billion, amid price hikes mainly driven by the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/prices-of-basic-consumer-goods-fluctuating-wildly
The average retail price levels in effect on December 7, 2022, compared to November 9, 2022, show that prices for basic consumer goods are staggering....
https://knews.kathimerini.com.cy/en/news/shipping-tycoon-wants-to-transfer-biz-to-cyprus
A Norwegian-born Cypriot billionaire wants to move his shipping company to Cyprus to reap benefits, including an EU-approved tonnage tax regime available only to tax residents of the island, which is scrambling to keep its industry afloat amid sanctions against Russia...
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....
https://knews.kathimerini.com.cy/en/news/vehicle-registrations-up-7-2-annually-in-november
Vehicle registrations increased yearly by 7.2% in November 2022, according to a report published on Thursday by the Statistical Service. Total registrations of vehicles in November numbered 2,522, compared to 2,353 in November 2021.
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https://knews.kathimerini.com.cy/en/news/france-first-country-to-ban-short-haul-flights
France has been given the green light to ban short-haul domestic flights. Specifically, between locations where there is a train alternative that takes less than 2.5 hours....
https://knews.kathimerini.com.cy/en/business/the-expansion-of-the-digital-economy-and-the-upcoming-exchange-of-information-and-tax-transparency-regimes
The exchange of information has been widely considered as a one of the most effective measures in tackling tax evasion and protecting the integrity of tax systems. ...
https://knews.kathimerini.com.cy/en/news/ict-specialists-crucial-as-80-of-companies-still-allow-remote-work
According to the results of the survey on information and communication technologies (ICT) usage and e-commerce in businesses in 2022, published on Thursday by the Cyprus Statistical Service, more than 80% of businesses with ten or more employees provided mobile devices with access to the internet and business email in 2022....
https://knews.kathimerini.com.cy/en/news/over-half-a-billion-euro-government-surplus-so-far-this-year
Preliminary General Government fiscal results indicate a surplus of €556.4 mn for the period of January-October 2022, according to data prepared and published by the Statistical Service of Cyprus on Wednesday....
https://knews.kathimerini.com.cy/en/news/inflation-rate-in-cyprus-expected-to-fall-to-8-3
Euro area annual inflation is expected to be 10.0% in November 2022, down from 10.6% in October according to a flash estimate from Eurostat, the statistical office of the European Union....
https://knews.kathimerini.com.cy/en/news/cyprus-helps-uncover-vat-carousel-fraud
Cypriot authorities swung into action after an investigation of fraudulent activity in Portugal was expanded through the European Public Prosecutor’s Office, with several companies on the island reportedly linked to a scheme that cost Lisbon tens of millions in tax revenue...
https://knews.kathimerini.com.cy/en/news/north-detains-two-teens-on-counterfeit-spending-spree
Two Greek Cypriot teenagers accused of using fake money to make purchases in the north have been arrested by Turkish Cypriot police, while another man from the south was detained after cartridges were found in his vehicle...
https://knews.kathimerini.com.cy/en/business/raising-the-black-friday-bar
This year's Black Friday is expected to be much stronger and more appealing to consumers than last year's Black Friday. Following the tepid and disappointing performance of 2021, market participants believe this is the case. ...
https://knews.kathimerini.com.cy/en/news/immerse-yourself-in-a-christmas-wonderland
There is a little over a month left until Christmas, which means that now is the perfect time to book a trip for anyone who is planning to reach another country, especially a European country....
