https://knews.kathimerini.com.cy/en/business/interest-rates-on-corporate-deposits-are-at-a-new-low
Interest rates for corporate deposits fell to a new historical low, which in December 2021 stood at 0.02%, while the interest rate for household deposits remained unchanged at 0.06%....
https://knews.kathimerini.com.cy/en/business/cyprus-had-the-highest-stock-of-npls-in-eu-in-2020-eurostat-says
Cyprus remained the country with the highest stock of non-performing loans (assets) of the general government in 2020, according to data released by Eurostat, the statistical office of the European Union....
https://knews.kathimerini.com.cy/en/business/billionaire-mark-cuban-opens-online-pharmacy-to-provide-affordable-generic-drugs
Mark Cuban has officially launched his newest venture—the online pharmacy Cost Plus Drugs....
https://knews.kathimerini.com.cy/en/news/op-ed-the-eastmed-project-and-dilemmas-over-energy-strategy
The unprecedented energy crisis unfolding in Europe is a result of the European Union’s stubborn and one-sided preoccupation with the Green Deal (which is important in its own right). ...
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-inequalities-between-women-and-men-more-profound-two-years-into-life-with-covid
What is very apparent is that women have kept our societies functioning during the pandemic, beyond what they always did, with very little social recognition, appreciation and support;...
https://knews.kathimerini.com.cy/en/news/uk-s-johnson-faces-lockdown-breach-claims-over-garden-party
British Prime Minister Boris Johnson faced a wave of public and political outrage on Tuesday over allegations that he and his staff flouted coronavirus lockdown rules by holding a garden party in 2020 while Britons were barred by law from mingling outside the home....
https://knews.kathimerini.com.cy/en/news/what-s-left-for-the-turkish-cypriot-economy-after-2021
Shortly before the pandemic began, Turks and foreign analysts warned of the effects of the Erdogan government's wrong moves and decisions on the economy....
https://knews.kathimerini.com.cy/en/life/feeding-your-dogs-insects-can-help-fight-climate-change
Many pet owners reflexively bark “No!” when their dog or cat prepares to feast on a bug. But despite what scientists call the “yuck factor,” insects could be a sustainable secret ingredient for the booming pet food industry....
https://knews.kathimerini.com.cy/en/news/delta-flight-to-china-returns-to-seattle-while-in-mid-air
Delta Air Lines said Monday that new pandemic-related cleaning requirements at a Shanghai airport were behind the turning back of a recent flight from Seattle in midair, a move that had prompted a protest from the Chinese Consulate in San Francisco....
https://knews.kathimerini.com.cy/en/business/loan-restructurings-in-the-cyprus-reached-almost-€2-billion-due-to-covid
Loan restructurings in the Cypriot banking system edged close to €2 billion in the first ten months of 2021, marking the highest figure according to Central Bank of Cyprus (CBC) records which began in end-2014....
https://knews.kathimerini.com.cy/en/news/christmas-on-borrowed-cash-for-many
One in four households will take on credit card debt to buy food and presents this festive season, according to the 2021 study of the European Consumer Payment Report....
https://knews.kathimerini.com.cy/en/news/prices-of-consumer-goods-and-services-up-4-7-in-november
The Harmonized Index of Consumer Prices, which measures the changes over time in the prices of consumer goods and services acquired by households, increased by 4.7% in November 2021, compared to the index of November 2020....
https://knews.kathimerini.com.cy/en/news/austria-temporary-lockdown-relaxation-for-the-unvaccinated
Austria announced today that it is temporarily easing the lockdown for those who are not fully vaccinated against Covid-19 at Christmas time and on New Year's Eve due to a reduction in cases.
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https://knews.kathimerini.com.cy/en/news/moves-to-make-banking-faster
As part of the strategy to create faster, more flexible and efficient banking services, the Governor of the Central Bank of Cyprus (CBC), Mr. Konstantinos Herodotou,...
https://knews.kathimerini.com.cy/en/news/drivers-cheated-out-of-traffic-camera-warnings
After a re-launch of traffic cameras in October in the Republic of Cyprus, police have still not succeeded in sending out warning citations to violators as promised during grace period...
https://knews.kathimerini.com.cy/en/business/as-millions-fell-into-poverty-during-the-pandemic-billionaires-wealth-soared
The coronavirus pandemic has worsened the massive financial gap between rich and poor around the world, a new report has found....
https://knews.kathimerini.com.cy/en/news/germany-locks-unvaccinated-out-of-public-life
Unvaccinated people across Germany will soon be excluded from nonessential stores, restaurants and sports and cultural venues,...
https://knews.kathimerini.com.cy/en/news/vat-reduction
Finance Minister Constantinos Petrides said on Thursday that the Government has notified the EU’s VAT Committee over its intention to reduce VAT on household electricity bills from 19% to 9%...
https://knews.kathimerini.com.cy/en/business/us-food-banks-struggle-to-feed-hungry-amid-surging-prices
U.S. food banks already dealing with increased demand from families sidelined by the pandemic now face a new challenge — surging food prices and supply chain issues walloping the nation....
https://knews.kathimerini.com.cy/en/news/man-of-the-year-awards-tonight-at-830pm
The annual Man of the Year Awards Ceremony is being held today, November 8, for the 20th year in a row....
https://knews.kathimerini.com.cy/en/news/government-announces-a-reduction-of-vat-for-vulnerable-households
Cabinet Ministers today announced the reduction of VAT charged to electricity bills of vulnerable households. ...
https://knews.kathimerini.com.cy/en/news/rise-in-consumer-loans-and-housing-purchase-in-september
New consumer loans, mortgages and new loans above €1 million increased in September compared to the previous month of this year,...
https://knews.kathimerini.com.cy/en/news/cypriot-banks-to-reduce-costs
The President of the European Banking Authority speaks to "K"...
https://knews.kathimerini.com.cy/en/news/why-europeans-are-facing-a-heavy-winter
Europe 's households are facing much higher energy bills in winter due to rising global energy and gas prices, and consumer organizations have warned that the most vulnerable could be hit by energy poverty....
https://knews.kathimerini.com.cy/en/life/turning-air-into-water
The machine Ted Bowman helped design can make water out of the air, and in parched California, some homeowners are already buying the pricey devices....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-renewed-european-finance-strategy-and-implementation-of-the-action-plan-on-financing-sustainable-growth
The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...
https://knews.kathimerini.com.cy/en/news/cyprus-must-meet-deadline-of-key-reforms-to-receive-the-next-85-million-from-the-eu
With the first 157m euros already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next 85m euros which is due to be received in February 2022....
https://knews.kathimerini.com.cy/en/news/10-reduction-in-electricity-costs
The Minister of Energy, Trade and Industry, Ms. Natasa Pileidou, today announced a series of measures designed to ease the skyrocketing costs of electricity in households and business....
https://knews.kathimerini.com.cy/en/news/massive-forest-fire-ravages-greek-island
Firefighters and residents battled into the night Monday for a seventh day against a massive fire on Greece’s second-largest island as the nation endured what the prime minister described as 'a natural disaster of unprecedented proportions'...
https://knews.kathimerini.com.cy/en/news/cyprus-closer-to-normality-and-freedom
A mere 69 coronavirus cases were announced on Wednesday as COVID deaths became less frequent in the Republic of Cyprus, with a positivity rate down to 0,17% prompting authorities to announce the next step of easing pandemic restrictions...
