https://knews.kathimerini.com.cy/en/news/us-to-ban-all-russian-oil-imports-reports-say
Joe Biden has decided to ban Russian oil imports to America in a dramatic ratcheting up of the economic squeeze on Vladimir Putin’s regime, according to reports from the US....
https://knews.kathimerini.com.cy/en/news/eu-plans-to-cut-russian-gas-imports-by-two-thirds-in-a-year
The European Union will outline a plan on Tuesday to cut Russian gas imports by two-thirds within a year as it seeks to reduce its dependency on the country’s fuel supplies after Moscow’s invasion of Ukraine.
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https://knews.kathimerini.com.cy/en/news/fuel-tax-to-be-reduced-by-7-cents-per-liter
Cyprus Finance Minister Constantinos Petrides announced on Thursday a reduction in fuel tax following a Cabinet meeting, at the Presidential Palace....
https://knews.kathimerini.com.cy/en/business/cypriot-npls-unchanged-in-november
Total nonperforming loans (NPLs) in Cyprus’ banking sector saw no significant change in November 2021, reaching 4.24 billion euros from €4.26 billion the previous month, according to data released on Friday by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/greece-and-cyprus-generate-over-500-kg-municipal-waste-per-person
Greece and Cyprus generated more than half a tonne of municipal waste per person according to the latest data published by Eurostat at 525 kg and 609 kg for 2020....
https://knews.kathimerini.com.cy/en/news/subsidies-worth-€158-million-for-households-and-businesses-to-be-doled-out-in-2022
Grant schemes, worth €158 million, will be made available in 2022, Minister of Energy, Trade and Industry Natasa Pilides announced during an online workshop, on Wednesday, 16 February....
https://knews.kathimerini.com.cy/en/news/turkish-opposition-leader-refuses-to-pay-power-bill-in-protest
Turkey’s main opposition leader said he will not pay his power bills until Tayyip Erdogan withdraws recent price hikes, and the president’s ruling party slammed the move on Thursday as a provocation amid growing discontent over surging inflation....
https://knews.kathimerini.com.cy/en/news/housing-projects-to-be-funded-from-casino-revenue
CLDC plans to build more than 800 housing units in the coming years, which will be allocated either through the affordable housing plan or through the new affordable rent plan for economically vulnerable households....
https://knews.kathimerini.com.cy/en/news/austria-passes-covid-vaccine-mandate
Austria has become the first country in the EU to make vaccinations against Covid-19 mandatory for all adults, but questions remain over whether it can sway those skeptical of taking the jab and how much the Alpine state’s government is willing to press those who won’t comply....
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. ...
