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12° Nicosia,
29 May, 2024
 

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Displaying results 31-60 of 182 matches for query hike.

31. Makis Keravnos voices concerns over geopolitical developments

https://knews.kathimerini.com.cy/en/news/makis-keravnos-voices-concerns-over-geopolitical-developments

The global supply chain disruption and its economic impact on Europe and the world have raised concerns among Europeans....

32. Can Cyprus withstand yet another crisis?

https://knews.kathimerini.com.cy/en/comment/opinion/can-cyprus-withstand-yet-another-crisis

The recent Houthi attacks on commercial vessels navigating the Red Sea have triggered another disturbance in the intricate web of the global supply chain...

33. Antoniou: ''Expect price hikes in consumer goods by month's end''

https://knews.kathimerini.com.cy/en/business/antoniou-expect-price-hikes-in-consumer-goods-by-month-s-end

In a recent interview with Diaspora News, Marios Antoniou, the General Secretary of the Pancyprian Retail Trade Association, delved into the challenges emerging from the Red Sea crisis....

34. 79% jump in consumer complaints this year

https://knews.kathimerini.com.cy/en/business/79-jump-in-consumer-complaints-this-year

In a substantial leap from 2022, the Cyprus Consumer Association reports a noteworthy spike in four complaint categories in 2023....

35. Guinness recognizes oldest person to conquer Grand Canyon on foot

https://knews.kathimerini.com.cy/en/news/guinness-recognizes-oldest-person-to-conquer-grand-canyon-on-foot

In a testament to the adage that age is just a number, 92-year-old Alfredo Aliaga Burdio has etched his name into the annals of adventure by becoming the oldest person to conquer the Grand Canyon rim-to-rim on foot....

36. Half of container ships avoid Red Sea due to attacks

https://knews.kathimerini.com.cy/en/news/1-half-of-container-ships-avoid-red-sea-due-to-attacks

In a dramatic response to mounting security threats, half of the container ships navigating the Red Sea and the Suez Canal are steering clear of the danger zone....

37. CBC warns of non-performing loan surge amid economic challenges

https://knews.kathimerini.com.cy/en/news/cbc-warns-of-non-performing-loan-surge-amid-economic-challenges

The Central Bank of Cyprus (CBC) issued a warning on Monday, cautioning about the potential influx of non-performing loans (NPLs) driven by high-interest rates and inflation, which are impacting households' disposable income and businesses' profitability....

38. ''The path to fighting inflation is difficult''

https://knews.kathimerini.com.cy/en/business/the-path-to-fighting-inflation-is-difficult

In an insightful dialogue about the economic landscape, Joachim Nagel, a prominent figure in the financial realm and a member of the ECB Governing Council, shares his perspectives on inflation, interest rates, and the challenges facing the European economy....

39. Fiscal Council cautions on 2024 economic risks despite optimism

https://knews.kathimerini.com.cy/en/news/fiscal-council-cautions-on-2024-economic-risks-despite-optimism

Recently, the Cyprus Fiscal Council took a close look at how our economy is doing. They gave us some important info based on their study....

40. Banks eye over 1 billion euro profits in 2023

https://knews.kathimerini.com.cy/en/news/banks-eye-over-1-billion-euro-profits-in-2023

Cypriot banks, including the Greek bank, are poised to rake in substantial profits for 2023, benefitting from the European Central Bank's interest rate hikes....

41. Supermarkets in Spain take extreme measures to protect olive oil

https://knews.kathimerini.com.cy/en/news/supermarkets-in-spain-take-extreme-measures-to-protect-olive-oil

In Spain, the world's leading olive oil producer, supermarkets are resorting to extreme measures as the price of this liquid gold skyrockets. With some bottles reaching 14.5 euros, theft is on the rise, prompting anti-theft devices on olive oil shelves....

42. Master the art of Black Friday shopping

https://knews.kathimerini.com.cy/en/business/master-the-art-of-black-friday-shopping

As the Black Friday tradition, originating in the 1960s in the United States, ushers in the Christmas shopping season, Cypriots face unique economic challenges....

43. Elizabeth McCaul unveils hidden financial dangers

https://knews.kathimerini.com.cy/en/news/elizabeth-mccaul-unveils-hidden-financial-dangers

A strong signal highlighting the need for closer scrutiny of non-bank financial institutions comes from Frankfurt, as Elizabeth McCaul, a member of the European Central Bank's Supervisory Board, emphasizes the potential risks....

44. ECB maintains interest rates amid tightening impact

https://knews.kathimerini.com.cy/en/business/ecb-maintains-interest-rates-amid-tightening-impact

The European Central Bank (ECB) has opted to maintain interest rates unchanged for the first time in over a year, marking a shift following 10 consecutive rate hikes. ...

45. ECB set to keep rates steady, says Central Bank of Cyprus governor

https://knews.kathimerini.com.cy/en/news/ecb-set-to-keep-rates-steady-says-central-bank-of-cyprus-governor

No interest hikes are expected in the next European Central Bank Governing Council meeting, as the latest available recent data suggest that the ECB rates have reached a level that, if maintained, will contribute to the return of inflation to the medium-term target of 2%, Constantinos Herodotou, Governor of the Central Bank of Cyprus and ECB Governing Council member told CNA on Wednesday....

46. Government vulnerable to rising fuel costs amid Middle East tensions

https://knews.kathimerini.com.cy/en/news/government-vulnerable-to-rising-fuel-costs-amid-middle-east-tensions

Economist Pampos Papageorgiou recently addressed the potential economic consequences that the ongoing conflict in the Middle East may bring to Cyprus and Europe....

47. The Israeli war's impact on economy and energy prices

https://knews.kathimerini.com.cy/en/news/the-israel-war-s-impact-on-economy-and-energy-prices

Economists have been examining the inevitable economic consequences of the war in Israel, particularly its influence on fuel and electricity costs....

48. Fuel prices set to surge amid Israel conflict

https://knews.kathimerini.com.cy/en/news/fuel-prices-set-to-surge-amid-israel-conflict

In an exclusive interview with SPOR FM and the show DIASPORA NEWS, Minister of Energy George Papanastasiou predicted a looming surge in fuel prices in the coming days, attributing it to the ongoing conflict in Israel. ...

49. ECB VP says interest rate cuts premature

https://knews.kathimerini.com.cy/en/business/ecb-vp-says-interest-rate-cuts-premature

In an interview with CNA, Louis de Guindos, Vice President of the European Central Bank, expressed that discussions regarding interest rate cuts are premature....

50. Violent clashes between tenants and property owners as rents spike 700%

https://knews.kathimerini.com.cy/en/news/violent-clashes-between-tenants-and-property-owners-as-rents-spike-700

A craftsman in Turkey, who has been diligently paying rent for two decades, now finds himself threatened with eviction due to an unexpected rent increase of nearly 700%. His monthly rent has surged from 3,200 Turkish lira (110 euros) to a staggering 25,000 lira (867 euros)....

51. Cyprus banks' net interest income doubles amid ECB rate hikes

https://knews.kathimerini.com.cy/en/business/cyprus-banks-net-interest-income-doubles-amid-ecb-rate-hikes

The Cypriot banking system's net interest income (NII) saw a remarkable doubling in the first half of 2023, marking an annual increase of 100%, primarily due to the ongoing rate hikes by the European Central Bank (ECB) aimed at tackling rising inflation....

52. President Biden stands with striking autoworkers demanding 40% pay raise

https://knews.kathimerini.com.cy/en/news/president-biden-stands-with-striking-autoworkers-demanding-40-pay-raise

President Joe Biden on Tuesday joined a picket line with striking autoworkers in Michigan, supporting their call for a 40% pay raise and saying they deserve a "lot more" than they are getting....

53. Keravnos expects more from banks to boost Cyprus economy

https://knews.kathimerini.com.cy/en/news/keravnos-expects-more-from-banks-to-boost-cyprus-economy

The Cyprus economy has proven its resilience in recent years, Finance Minister Makis Keravnos said Tuesday at the 4th Conference "Banking System: New Challenges and Opportunities", that takes place in Nicosia, noting that there are still challenges that the banking sector must address....

54. Olive oil prices soar due to shortage and weather woes

https://knews.kathimerini.com.cy/en/business/olive-oil-prices-soar-due-to-shortage-and-weather-woes

The price of olive oil is expected to rise dramatically, possibly exceeding 10 euros per liter and reaching 15 euros in Europe, according to agricultural organizations....

55. Borrowers in a high-stakes game of loan roulette

https://knews.kathimerini.com.cy/en/business/borrowers-in-a-high-stakes-game-of-loan-roulette

In 2023, borrowers face a pivotal year, primarily due to the soaring levels of inflation, rising prices, and increasing interest rates. This year also carries significant importance for banks, not in terms of profits, ...

56. Retail trickery? Price hikes before zero VAT stun consumers

https://knews.kathimerini.com.cy/en/business/retail-trickery-price-hikes-before-zero-vat-stun-consumers

A recent study by the Cyprus Consumers Association (CCA) has revealed that prices for various essential goods saw artificial increases in the days leading up to the implementation of the zero VAT rate. ...

57. AKEL blasts government amid rising bank profits

https://knews.kathimerini.com.cy/en/news/akel-blasts-government-amid-rising-bank-profits

The political party AKEL has voiced its discontent with the government's handling of economic issues, particularly in light of the recent decision to raise interest rates for the tenth time....

58. The Mediterranean's wake-up call

https://knews.kathimerini.com.cy/en/comment/opinion/the-mediterranean-s-wake-up-call

The devastating aftermath of the natural disaster in the Thessalian Plain leaves no one untouched. We cannot afford complacency in the face of such a biblical catastrophe, merely observing from the safety of our couches....

59. ECB raises rates for the 10th time as it tries to quell inflation

https://knews.kathimerini.com.cy/en/business/ecb-raises-rates-for-the-10th-time-as-it-tries-to-quell-inflation

The European Central Bank raised interest rates for the 10th meeting in a row on Thursday to counter stubborn inflation but signalled that it is likely done tightening policy....

60. U-turn on school bus fare hike

https://knews.kathimerini.com.cy/en/news/u-turn-on-school-bus-fare-hike

In a reversal that has quelled widespread apprehension, school bus fares will not be subject to an increase after all. The issue has spurred heated debates among organized parents and the Department of Transportation....

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