https://knews.kathimerini.com.cy/en/news/pandemic-takes-toll-on-the-mental-health-of-teenagers
The decline in mental health among teenagers was intensified by the Covid-19 pandemic with studies observing sharp increases in anxiety, depression, aggression, self-harm and, most prominently, online addiction, experts warn ahead of a three-day conference at the University of Athens (UoA) starting Wednesday....
https://knews.kathimerini.com.cy/en/business/ey-achieves-highest-growth-in-nearly-two-decades-reports-record-global-revenue-of-us$45-4b
EY announced combined global revenues of US$45.4b for the financial year ending June 2022 (FY22), an increase of 16.4% in local currency (13.7% in US dollars). This marks one of the most successful years in the history of the organization with the highest growth seen in nearly two decades attributed to the EY NextWave strategy to deliver long-term value for EY people, clients and society....
https://knews.kathimerini.com.cy/en/business/loan-interest-rates-rise-for-a-second-consecutive-month
Lending interest rates in Cyprus rose for a second consecutive month in August, with credit institutions pricing rate hikes by the European Central Bank and increased credit risk due to uncertainty and inflation pressures fuelled by the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/new-loans-drop-in-august-for-the-second-month-in-a-row
Net new lending granted by Cyprus Banks fell in August by €182.3 million, recording a decrease for the second month in a row....
https://knews.kathimerini.com.cy/en/news/almost-100k-third-country-nationals-ordered-to-leave-eu-in-q2-of-2022
33,450 people were ordered to leave France in the second quarter of 2022, representing 35 percent of the total repatriation orders placed during this time, and consequently, the highest number of returns recorded....
https://knews.kathimerini.com.cy/en/news/nouris-requests-un-assistance-with-irregular-migration-flows
Interior Minister Nicos Nouris has asked for the help of UNFICYP in dealing with increased migration flows in the government-controlled areas of Cyprus from the Turkish-occupied territories through the buffer zone....
https://knews.kathimerini.com.cy/en/news/€1-22-billion-in-tourist-revenue-from-january-–-july-2022
Revenue from tourism reached €1.217 million in the period of January – July 2022 more than doubling the revenue of the respective period of last year....
https://knews.kathimerini.com.cy/en/news/finance-minister-calls-for-prudency-to-safeguard-economy
Cypriot Minister of Finance Constantinos Petrides, stressed on Wednesday evening the need to be “even more careful” with the fiscal discipline in the new challenging era, while Central Bank Governor Constantinos Herodotou referred to the risk of new NPLs due to the challenging economic conditions....
https://knews.kathimerini.com.cy/en/business/majority-of-tourists-visiting-cyprus-are-no-longer-russian
In June 2021 at the 43rd conference of the Pancyprian Hoteliers Association, it may have been the first time it was officially made clear that the markets of Russia and Britain will no longer be a one-way street for the Cypriot tourism industry....
https://knews.kathimerini.com.cy/en/business/permits-granted-for-7-000-highly-skilled-workers-from-3rd-countries
The policy of granting tax incentives to foreign technology companies is yielding results, Invest Cyprus Investment Promotion Agency Chairman Evgenios Evgeniou said, stressing that 7,000 work permits have been approved this year for highly skilled individuals who chose to work in Cyprus....
https://knews.kathimerini.com.cy/en/business/cypriot-businesses-face-serious-issues-but-still-expect-to-turn-a-profit
What are the main problems for Cypriot businesses (table)
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https://knews.kathimerini.com.cy/en/business/€100-increase-in-average-gross-monthly-earnings-in-q2-2022
The average gross monthly earnings of employees increased by €100 in the second quarter of 2022, according to provisional data, published by Cyprus Statistical Service on Wednesday. In particular, they reached €2,081, compared to €1,982 in the same period of 2021, recording an increase of 5%....
https://knews.kathimerini.com.cy/en/news/cypriots-indifferent-to-getting-4th-dose-of-covid-vaccine
Vaccination centers in Cyprus are experiencing a low turnout in the past two weeks for people wanting to get the 4th dose of the updated covid vaccine. So far, only 1,119 people have been vaccinated since 20 September, when vaccinations for the booster/4th dose began....
https://knews.kathimerini.com.cy/en/news/candidates-concerned-over-higher-rents-facing-undergraduates
Parties and candidates on Monday continued their activities, ahead of the February 2023 presidential elections, with issues such as digital transformation, labor relations, the Cyprus problem and benefits for undergraduate students who face difficulties renting student halls, topping the agenda....
https://knews.kathimerini.com.cy/en/news/kasoulides-on-bloomberg-cyprus-concerned-by-aegean-sea-rhetoric-video
Cyprus is wary of getting drawn into a potential conflict between Greece and Turkey as rhetoric between the countries intensifies, Cypriot Foreign Minister Ioannis Kasoulides said....
https://knews.kathimerini.com.cy/en/news/reduced-excise-tax-on-fuel-extended-until-mid-january
The Cyprus government extended the reduced excise duties on fuel until 15 January 2023 on Friday, in a bid to alleviate the effects of soaring inflation fuelled by the war in Ukraine, with the Finance Minister calling on Households and businesses to save energy as fiscal measures cannot tackle the problem of price hikes in its entirety....
https://knews.kathimerini.com.cy/en/business/cyprus-highly-innovative-compared-to-other-eu-countries
Cyprus has achieved the biggest improvement in the field of innovation at the European level since 2015, according to the annual report of the European Innovation Scoreboard 2022 of the European Commission....
https://knews.kathimerini.com.cy/en/business/self-employed-more-at-risk-of-poverty-in-cyprus-and-eu-in-2021
In 2021, almost a quarter (23.6%) of all self-employed people aged 18 years and over in the EU were at risk of poverty and social exclusion....
https://knews.kathimerini.com.cy/en/news/covid-500-new-cases-reported-in-288-schools-in-the-past-week
More than 500 new COVID-19 cases were reported in school units in the last week, creating small transmission chains, CNA has learned....
https://knews.kathimerini.com.cy/en/business/ryanair-says-low-cost-travel-now-in-the-past
The previously known ultra-low-cost flag carrier, Ryanair, has announced it will increase ticket prices to Austria moderately, mainly due to inflation....
https://knews.kathimerini.com.cy/en/news/ask-wire-index-apartments-lead-the-way-in-sale-and-rent-price-hikes-in-q2
Ask WiRE, a company combining real estate know-how with technology has published its Q2 2022 edition of the Ask WiRE Index for property sale and rental values. The Ask WiRE Index covers all districts and main property types, with values from Q4 2009....
https://knews.kathimerini.com.cy/en/business/the-price-increase-of-halloumi-is-justified-minister-of-agriculture-says
The slight increase recorded in the price of the halloumi cheese is justified, Minister of Agriculture Costas Kadis said on Thursday....
https://knews.kathimerini.com.cy/en/news/europe-s-vegetable-farmers-warn-of-shortages-as-energy-crisis-bites
Emmanuel Lefebvre produces thousands of tonnes of endives on his farm in northern France annually, but this year he may abandon his crop because of the crippling energy costs required to freeze the harvested bulbs....
https://knews.kathimerini.com.cy/en/news/erdogan-convenes-meeting-to-discuss-sanctions-on-russia-in-possible-turnaround
Turkish President Tayyip Erdogan will convene a top-tier economy-focused meeting on Friday at which Russian payment system Mir and possible Western sanctions will be discussed, two sources with information on the matter told Reuters....
https://knews.kathimerini.com.cy/en/business/nouris-more-foreign-companies-setting-up-shop-in-cyprus
The adoption of the New Strategy for Attracting Business and Talent has led to an impressive increase in interest from foreign companies to establish their presence in Cyprus, ...
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-a-cat-has-nine-lives-so-does-the-cyprus-property-market
Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....
https://knews.kathimerini.com.cy/en/news/two-turkish-banks-suspend-russian-mir-payments-after-u-s-sanctions
Turkish lenders Isbank and Denizbank have suspended the use of the Russian payment system Mir, the banks said on Monday, following a U.S. crackdown on those accused of helping Moscow skirt sanctions over the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/kyriakides-increased-cancer-screening-in-the-eu-imperative
A proposal for a new cancer screening system, which seeks to improve the early detection of cancer, was presented today by Health Commissioner Stella Kyriakides on behalf of the Commission....
https://knews.kathimerini.com.cy/en/business/profits-of-€55-4-million-in-first-half-of-2022-for-hellenic-bank
Hellenic Bank reported a profit of EUR 55.4 million for the first half of 2022, compared to a profit of EUR 21 million in the corresponding half of 2021....
https://knews.kathimerini.com.cy/en/news/cyprus-to-provide-logistical-support-and-services-to-us-naval-vessels-video
The US and Cyprus commemorated on Monday the completion of the Acquisition and Cross Services Agreement (ACSA) between the Republic of Cyprus and the United States of America the Minister of Defence of the Republic of Cyprus Charalambos Petrides and US Ambassador Judith Garber....
