https://knews.kathimerini.com.cy/en/news/eu-med-9-energy-ministers-unite-to-transform-mediterranean-into-green-energy-hub
Energy Ministers of the EU-MED 9 (Cyprus, France, Greece, Spain, Italy, Croatia, Malta, Portugal and Slovenia), decided on Thursday to collaborate to make the Mediterranean Region into a hub of green energy....
https://knews.kathimerini.com.cy/en/news/new-york-city-could-be-sinking
From the Financial District’s sky-high centers of economic power to the pricey pads that rise above Billionaires’ Row, the great volume of towering buildings is part of what gives New York City its identity. But according to new research cited by the New York Post, the weight of those same buildings that give the Big Apple its soaring sense of bravado could contribute to the city's sinking....
https://knews.kathimerini.com.cy/en/business/energean-unveils-ambitious-plans-for-israeli-gas-exploitation
Energean announced on Thursday that by September 2023 it will submit to the Israeli government for approval a comprehensive program for the exploitation of the deposits of the "Olympus Area" of the Israeli Exclusive Economic Zone, so as to begin its implementation in early 2024....
https://knews.kathimerini.com.cy/en/business/cbc-urges-banks-to-embrace-transformation-for-sustainablefuture
Constantinos Herodotou, Governor of the Central Bank of Cyprus, emphasized the need for Cypriot banks to seize the current favorable circumstances and address impending challenges during his speech at the 2023 ICPAC Mediterranean Finance Summit held in Limassol on Thursday....
https://knews.kathimerini.com.cy/en/news/as-greek-elections-loom-parties-vie-for-votes-of-‘lost-generation
Politicians vying for votes in Greece’s election on Sunday have turned to YouTube and TikTok to win over a younger generation who have long felt that years of crises have cost them their youth...
https://knews.kathimerini.com.cy/en/business/0-vat-rate-the-second-round
Almost two weeks after the zeroing of the tax rate on seven products (bread, eggs, milk, baby diapers, baby food, feminine hygiene products, and adult diapers), the Ministry of Finance and the Ministry of Commerce are in discussions regarding the next list of products that will have a low or reduced tax rate....
https://knews.kathimerini.com.cy/en/news/sunny-skies-strong-winds-and-a-chance-of-showers-ahead
Currently, a weak low-pressure system is affecting the region, causing occasional patches of sparse dust in the atmosphere. However, these dust conditions will gradually subside as we move into tonight....
https://knews.kathimerini.com.cy/en/business/boc-first-quarter-of-2023-yields-€95-million-in-profit
Bank of Cyprus has released its financial report for Q1 2023, showcasing robust performance and positive indicators across various key metrics....
https://knews.kathimerini.com.cy/en/business/unions-and-employers-sign-new-transitional-agreement-on-cola
Cyprus’ social partners (trade union and employers) on Friday signed, in the presence of the Minister of Labour and Social Insurance Yiannis Panayiotou, a new transitional agreement on the Cost-Of-Living Adjustment (CoLA) stipulating an increased allowance of 66.7% of last year’s inflation from the previous 50%....
https://knews.kathimerini.com.cy/en/news/doctors-without-degrees-the-nhs-apprenticeship-revolution
Aspiring doctors and nurses may soon have the opportunity to work in the UK's National Health Service (NHS) without going to university, according to recent revelations. This proposal aims to address the workforce crisis currently faced by the struggling health service....
https://knews.kathimerini.com.cy/en/news/british-expertise-on-the-table-as-leo-docherty-speaks-to-kathimerini
In an interview with "K" newspaper, Leo Docherty, the British Minister for Europe, highlighted the British commitment to closer collaboration, emphasizing the range of areas where British expertise and cooperation can contribute to addressing issues such as combating illegal financing and exploring support structures for enforcement or addressing potential sanctions evasion. ...
https://knews.kathimerini.com.cy/en/business/alphamega-revolutionizes-shopping-with-click-collect
Alphamega Hypermarkets has launched a new service that aims to improve its customers' shopping experience. The new Click & Collect service allows customers to collect their orders from the company's e-store for free, instead of using the home delivery service....
https://knews.kathimerini.com.cy/en/news/cypriot-commissioner-wants-women-out-of-sex-work
Cyprus’ gender commissioner is on a mission to steer debate on ending prostitution, saying she wants to criminalize paid sex and offer 'a way out' for women in the unregulated industry of the world’s oldest profession...
https://knews.kathimerini.com.cy/en/news/turkey-faces-runoff-election-with-erdogan-leading
Turkey headed for a runoff vote after President Tayyip Erdogan led over his opposition rival Kemal Kilicdaroglu in Sunday's election but fell short of an outright majority to extend his 20-year rule of the NATO-member country...
https://knews.kathimerini.com.cy/en/news/cyprus-and-israel-strengthen-military-cooperation-with-agapinor-2023
The AGAPINOR-2023 international exercise was held in Cyprus between May 7-11 within the framework of the Bilateral Defence Cooperation Program between the armed forces of the Republic of Cyprus and the State of Israel....
https://knews.kathimerini.com.cy/en/news/why-do-young-people-in-cyprus-struggle-to-secure-a-home-loan
Young people are facing difficulties in securing mortgage loans due to a number of factors, according to economist Tasos Yasemidis....
https://knews.kathimerini.com.cy/en/news/cypriots-want-less-bureaucracy-better-skilled-civil-servants
Cypriots appear largely dissatisfied by the functioning of the country’s public administration, and believe that the way forward goes through the reduction of bureaucracy, better skills for civil servants and more communication with citizens, according to the findings of a flash Eurobarometer survey on how EU citizens perceive the support provided to member states through the European Commission’s Technical Support Instrument...
https://knews.kathimerini.com.cy/en/news/turkey-becomes-largest-source-of-schengen-visa-applications
As Türkiye’s hopes for a near agreement for visa-free travel with the European Union Member States remain dim, the country has now become the largest source of Schengen visa applications, with Turkish nationals filing over 700,000 applications in 2022....
https://knews.kathimerini.com.cy/en/business/cyprus-chambers-call-for-bilateral-improvement-of-green-line-trade
The Cyprus Chamber of Commerce and Industry (CCCI) and the Turkish Cypriot Chamber of Commerce (KTTO) support all efforts aimed at the bilateral improvement of Green Line trade....
https://knews.kathimerini.com.cy/en/news/kyriakides-to-attend-g7-meeting-on-global-health-architecture
Commissioner for Health Stella Kyriakides will take part in discussions regarding a global health architecture, representing the EU, during the G7 health ministerial meeting set to take place in Nagasaki Japan on Saturday, May 13th and Sunday, May 14th....
https://knews.kathimerini.com.cy/en/news/government-employment-declines-led-by-transfer-of-hourly-workers
Government employment in April 2023 dropped in Cyprus by 2,7% or 1,432 persons compared to April last year and amounted to 52,498 persons, data released by the Statistical Service of Cyprus (Cystat) show....
https://knews.kathimerini.com.cy/en/business/three-of-four-unions-accept-labour-minister-s-improved-cola-proposal
Assuming it is God's will and with PEO's permission on Friday, it's anticipated that the issue of Cost of Living Allowance (CoLA) will come to a close....
https://knews.kathimerini.com.cy/en/news/shipping-minister-wants-cyprus-ahead-of-the-curve
Cyprus' shipping sector must be competitive, strong, resilient to crises and to anticipate challenges and new trends, Shipping Deputy Minister, Marina Hadjimanolis, said on Thursday, adding that the government has an ambitious vision for shipping...
https://knews.kathimerini.com.cy/en/business/sales-of-halloumi-are-increasing
The registration of halloumi cheese as a protected designation of origin product has proven to be beneficial. This is demonstrated by the latest data from the statistical service regarding exports, as well as sales in the Cypriot market....
https://knews.kathimerini.com.cy/en/business/boc-appoints-bank-of-america-as-joint-corporate-broker-resumes-dividend-payments
The Bank of Cyprus has announced the appointment of Bank of America Europe DAC (BofA Securities) as a joint Corporate Broker, along with NUMIS Securities Limited (NUMIS) and Keefe, Bruyette & Woods (KBW, acting through Stifel Nicolaus Europe Limited), with immediate effect....
https://knews.kathimerini.com.cy/en/news/airlines-now-have-more-power-thanks-to-covid-19
The Airports Council International (ACI) Europe has released a comprehensive analysis of airport competition in Europe, highlighting the shifting dynamics as airlines tighten their grip. ...
https://knews.kathimerini.com.cy/en/business/road-transport-of-goods-in-cyprus-up-by-39-in-2022
The total weight of goods transported by road in Cyprus in 2022 rose by 39.3% compared with 2021, a year that included periodic restrictions due to the Covid-19 pandemic....
https://knews.kathimerini.com.cy/en/news/central-bank-governor-projects-higher-economic-growth-for-2023
On Tuesday, Constantinos Herodotou, the Governor of the Central Bank of Cyprus, announced that the Cypriot economy is projected to grow in 2023 at a higher rate than the Eurozone average. ...
https://knews.kathimerini.com.cy/en/news/president-announces-receipt-of-first-us-sanctions-list
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https://knews.kathimerini.com.cy/en/business/interest-rates-rise-for-housing-and-corporate-loans
Interest rates for housing loans in March 2023 increased by 1.25% compared to February 2023, while interest rates for corporate loans also rose, according to statistics released Friday by the Central Bank of Cyprus....
