https://knews.kathimerini.com.cy/en/business/cyprus-malta-greece-want-red-tape-cut-to-boost-shipping
The shipping ministers of Cyprus, Malta and Greece say they want the European Union to cut red tape holding back growth in the sector, which they say provides 2.1 million jobs and 142 billion euros to Europe's economy...
https://knews.kathimerini.com.cy/en/business/booing-cyprus-breaks-more-tourism-records
An influx of Russian and British tourists has helped Cyprus break more records for the number of arrivals this year...
https://knews.kathimerini.com.cy/en/life/netflix-s-next-act-feeding-the-service-with-its-own-movies
As Hollywood studios unleash their summer blockbusters into theatres, Netflix is trying to give film buffs a reason to stay home...
https://knews.kathimerini.com.cy/en/life/international-congress-on-greece-and-cyprus-geoparks
The first International Congress of UNESCO Geoparks in Greece and Cyprus will take place in Athens on Thursday and Friday...
https://knews.kathimerini.com.cy/en/business/cyprus-gdp-grows-by-0-8-in-the-first-three-months
Bailed out eurozone member Cyprus notched up its 13th consecutive quarter in positive growth with GDP rising 0.8 percent in the first quarter, an official estimate showed...
https://knews.kathimerini.com.cy/en/business/bank-of-england-keeps-powder-dry-on-rate-rise
The Bank of England held interest rates and said weak growth during a snowy start to 2018 was likely to be only temporary, but it wanted to see a pick-up in the economy in the next few months before raising borrowing costs...
https://knews.kathimerini.com.cy/en/business/ebrd-more-upbeat-about-cyprus-growth-rate
The European Bank for Reconstruction and Development has revised significantly its projection for Cyprus’ economic growth rate this year, in the context of a wider upward revision of its forecasts for the EBRD regions...
https://knews.kathimerini.com.cy/en/business/cyprus-residency-and-citizenship-by-investment-scheme-remains-appealing-to-investors
With more than three decades of presence operating as a leading international advisory services firm, K. Treppides & Co Ltd offers insight into the latest residency and investment trends to impact Cyprus...
https://knews.kathimerini.com.cy/en/business/greece-s-new-startup-culture-technology-and-seagrass-sunglasses
Greek student Stavros Tsompanidis was walking on a beach when he saw a business idea in the piles of dried-up seagrass...
https://knews.kathimerini.com.cy/en/business/experts-says-cyprus-economy-to-grow-by-3-8-this-year
The Cypriot economy will pick up momentum in 2018, the University of Cyprus’s Economic Research Centre predicts, upgrading its growth forecast to 3.8% compared with its previous projection of 3.6%.
...
https://knews.kathimerini.com.cy/en/business/new-limassol-passenger-terminal-marks-new-era
A new passenger terminal at Limassol port paves the way for a new era in tourism and maritime industries for the southern town and Cyprus...
https://knews.kathimerini.com.cy/en/news/greek-island-protest-about-migrant-influx-turns-violent
Greek riot police fired tear gas Thursday to try to disperse angry protesters on the island of Lesvos who tried to topple a police bus during a demonstration against a European Union migration policy....
https://knews.kathimerini.com.cy/en/business/adidas-sticks-by-kanye-west-after-slavery-remarks
Adidas remains committed to the Yeezy brand created by rapper Kanye West despite his comments describing slavery as a choice and praising US President Donald Trump...
https://knews.kathimerini.com.cy/en/business/eu-sees-strong-growth-as-unemployment-declines
The Commission foresees a "strong growth momentum continuing" in the coming years, but warned of risks widening...
https://knews.kathimerini.com.cy/en/comment/opinion/don-t-get-caught-up-in-the-east-med-energy-hype
It is tempting for resource-poor countries to overestimate the promise of newly discovered hydrocarbon resources, particularly in times of need...
https://knews.kathimerini.com.cy/en/business/economic-sentiment-in-cyprus-marginally-improves-in-april
The Economic Sentiment Indicator ESI, edged up by 1.5 points in April compared with the previous month, reaching 119 points...
https://knews.kathimerini.com.cy/en/business/business-cooperation-at-the-heart-of-moscow-nicosia-partnership
The two countries have common cultural and religious traditions, mutual trust and support, and one of the pillars of their partnership is business ties...
https://knews.kathimerini.com.cy/en/business/whitbread-to-spin-off-costa-coffee
The move leaves Whitbread with its Premier Inn hotels operation and the split is expected to be completed within 24 months...
https://knews.kathimerini.com.cy/en/business/buying-greek-property-makes-sense
Investor confidence in the real estate market’s prospects and the notion that prices have completed their downward cycle has prompted more property acquisitions...
https://knews.kathimerini.com.cy/en/news/turkish-fledgling-party-to-run-in-june-polls-after-membership-boost
A masterful campaigner, Erdogan has won nearly a dozen elections and dominated Turkey since his Islamist-rooted AK party swept to power in 2002...
https://knews.kathimerini.com.cy/en/business/cyprus-recovery-is-being-recognised-by-international-agencies
Fitch does not currently anticipate developments with a high likelihood of leading to a downgrade...
https://knews.kathimerini.com.cy/en/business/bank-run-at-cooperative-peaked-in-march
A top official at the Cooperative Bank says more money was lost in bank deposits first quarter this year, just shy of 2 billion, than the outflow during the 2013 crisis....
https://knews.kathimerini.com.cy/en/business/imf-projects-cyprus-gdp-growth-to-exceed-4-in-2018-19
According to the forecasts included in the WEO, based on previous assessments, the Cypriot economy is expected to record a growth rate of 3.6% in 2018 and 3% in 2019 - lower than last year's 4% and the IMF prediction...
https://knews.kathimerini.com.cy/en/business/finmin-revenue-from-npls-management-will-repay-cost-of-support-to-co-op
Government moves include establishing an asset – management company, based on conditions that the competent European institutions will set and depending on the finalisation of investment interest in the Co-op...
https://knews.kathimerini.com.cy/en/news/cyprus-registers-record-number-of-tourists-in-march
Tourist arrivals in March rocketed 36.4%...
https://knews.kathimerini.com.cy/en/business/netflix-programming-binge-pays-off-with-subscriber-surge
Netflix says it will spend up to $8 billion on global TV shows and movies in 2018...
https://knews.kathimerini.com.cy/en/news/celebrating-israel-s-70th-independence-day-in-cyprus
The significant natural gas reserves in the Eastern Mediterranean offer much potential for joint ventures and commercial growth...
https://knews.kathimerini.com.cy/en/business/scholz-seen-to-pick-up-where-schaeuble-left-off
Despite the cordial meeting on Friday between Finance Minister Euclid Tsakalotos and his new German counterpart Olaf Scholz, Berlin made it clear that the key Greek demand of debt relief will only be discussed after Greece’s bailout program ends....
https://knews.kathimerini.com.cy/en/business/banks-in-cyprus-greece-and-portugal-may-need-further-reserve-build-up
Fitch also notes that average NPL/total loan ratios at the EU`s largest banks had declined to 4% by end-2017 from 6.5% at end-2014...
https://knews.kathimerini.com.cy/en/business/georgiades-makes-the-good-case-for-ccb
Borrowers who default on a loan won’t be able to pick up the phone and ask a politician to intervene, according to Finance Minister Harris Georgiades, who insists that separating healthy banking from bad loans is the best way forward for the Cyprus Cooperative Bank....
