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/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/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/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/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/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/sms-not-needed-for-holy-week-churchgoers
Eastern Orthodox churchgoers in the Republic of Cyprus no longer need to send an SMS before attending service during Holy Week, based on an FAQ issued by the government on Monday revising and clarifying the latest lockdown measures...
https://knews.kathimerini.com.cy/en/news/cyprus-scrambles-on-eve-of-third-lockdown
Cyprus' Health Minister Constantinos Ioannou has announced a two-week lockdown starting Monday, including a revision for Holy Saturday midnight mass after Archbishop Chrysostomos cried foul over rules that were 'unacceptable'...
https://knews.kathimerini.com.cy/en/news/cabinet-decides-lockdown-after-golgotha-meeting
After a tough debate amongst ministers over how the government ought to respond to a deteriorating pandemic situation, a proposal for a short and partial lockdown was approved at the last minute after the Cypriot health minister ascended his Calvary to secure a lockdown ahead of Orthodox Holy Week...
https://knews.kathimerini.com.cy/en/news/cyprus-hopes-for-breather-on-green-monday
People in Cyprus are hoping to catch a break on Green Monday, with the government easing restrictions on nature outings on the public holiday and forecasters unsure if weather will cooperate...
https://knews.kathimerini.com.cy/en/news/cyprus-far-more-cautious-in-next-step
The Cypriot government is moving ahead with further relaxation of measures against the pandemic, with the announcement coming two days after a Cabinet decision that was delayed due to high hospitalization rates but also reports that not all ministers were on the same page...
https://knews.kathimerini.com.cy/en/news/anastasiades-joins-euco-summit-prep-with-eu-leaders
President Nicos Anastasiades participated on Tuesday in a teleconference with the President of the European Council and EU heads of state and government, in preparation for the extraordinary European Council summit to take place online on February 25-26. ...
https://knews.kathimerini.com.cy/en/business/your-gateway-to-global-investment-opportunities
In the past, having resolved to ‘save for a rainy day’ financial well being, for many, took care of itself and your life’s goal was aided by interest earned on those monies, which saw your money working for you but the equation today is not so simple...
https://knews.kathimerini.com.cy/en/business/megatrends-that-will-shape-the-future
EY’s recent report, Megatrends 2020 and beyond, examines the new "megatrends", the forces that created them and their potential impact...
https://knews.kathimerini.com.cy/en/news/22-3-of-cyprus-population-at-risk-of-poverty
The most recent European Statistics on Income and Living Conditions (EU-SILC) 2019 survey shows that 22.3% of the Cyprus population, that is 194,400 persons, are living in households that are at risk of poverty or social exclusion....
https://knews.kathimerini.com.cy/en/news/a-second-lockdown-would-be-a-grim-financial-equation
With the rise in coronavirus cases which are mainly located within the local community and not just at the country’s points of entry, whispers of a second lockdown looming have resumed....
https://knews.kathimerini.com.cy/en/news/all-set-for-implementation-of-new-support-measures-finmin-says
Finance minister Constantinos Petrides announced the launch of the implementation of three measures, under the government support program, to address the consequences of the coronavirus pandemic....
