https://knews.kathimerini.com.cy/en/business/ey-presents-report-on-the-future-of-banking-in-cyprus
The report showcases the importance and contribution of Cypriot banks to the wider economy and society, and identifies current and upcoming challenges and opportunities...
https://knews.kathimerini.com.cy/en/business/companies-to-be allowed-up-to-50-of-third-country-workers
The Council of Ministers adopted on Wednesday an updated policy that allows businesses to employ more staff from third countries....
https://knews.kathimerini.com.cy/en/news/electricity-subsidies-extended-for-another-two-months
The Council of Ministers, which convened on Wednesday for the last time under outgoing President of the Republic Nicos Anastasiades, approved the extension of a subsidy for the cost of electricity consumption as well as reduced excise for specific products....
https://knews.kathimerini.com.cy/en/news/fruits-and-vegetables-being-rationed-in-britain
Supermarkets across the country have begun rationing fresh food items in a move that is expected to last “weeks”....
https://knews.kathimerini.com.cy/en/business/2023-will-be-the-year-banks-dole-out-dividends
Apart from entering 2023 with inflationary tendencies and following a year with a geopolitical crisis due to the Ukrainian one, it is expected to be the year when the term "dividend distribution,"...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-71-million-in-profits-in-2022
Bank of Cyprus' profit for 2022 was 71 million euros, up from 30 million euros in 2021....
https://knews.kathimerini.com.cy/en/news/rain-is-coming-our-way
There will be increasing clouds throughout the day. Winds will be variably light at 3 Beaufort at first, then gradually coming mainly from the southwest to northwest, light to moderate 3 to 4, and passing southwest in the afternoon to a stronger 4 to 5 Beaufort....
https://knews.kathimerini.com.cy/en/news/mr-kadis-the-goal-is-to-recycle-70-of-construction-and-demolition-waste
Agriculture Minister Costas Kadis stated in his address at the "Workshop for the presentation of an innovative robotic method of separating waste from construction and demolition" that the goal is for at least 70% of the waste generated from construction and demolition to be recycled....
https://knews.kathimerini.com.cy/en/news/building-materials-at-their-highest-since-1986
The Price Index of Construction Materials for January 2023 reached 136.01 units (base year 2015=100), recording an increase of 12.25% compared to the same month of the previous year, according to data published by the Statistical Service on Friday....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-proceeds-with-raises-and-benefits-amounting-up-to-€900-000-for-its-700-employees
It proves in practice, once again, its dedication and continuous investment in its people....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-participated-in-the-6th-cyprus-international-tax-conference
EY Cyprus has, once again, sponsored and participated in the 6th Cyprus International Tax Conference, titled ''The evolving landscape: Adopting to new challenges and opportunities,'' which took place on Tuesday, February 14th at the Hilton Nicosia hotel. ...
https://knews.kathimerini.com.cy/en/news/lagarde-announces-a-new-interest-rate-hike-in-march
European Central Bank President Christine Lagarde reiterated in a speech to the European Parliament that the ECB intends to raise borrowing costs by half a point next month....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-new-president
Nikos Christodoulides was elected president of the Republic of Cyprus on Sunday, without the support of either of the country’s two main parties....
https://knews.kathimerini.com.cy/en/news/k-reveals-the-salaries-of-n-christodoulides-and-his-ministers
Cyprus has been waiting since Monday for the names of the new Cabinet and the rest of the group of state officials who will take office. As President-elect Christodoulides continues to scout for his ministers, K's sources are saying that the new Cabinet will be firmly in place during the upcoming week, closer to the day of the 'changing of the guard' at the Presidential Palace....
https://knews.kathimerini.com.cy/en/news/is-europe-ready-to-accommodate-older-travelers
As the world’s population is growing older, the tourism industry will have to adjust, meaning that tourism should be more accessible and inclusive for this category of travelers....
https://knews.kathimerini.com.cy/en/news/frozen-fish-and-flour-marked-a-substantial-price-increase
Frozen fish and flour recorded a high price increase, according to data published on Wednesday by the Consumer Protection Service of the Ministry of Energy, Commerce and Industry....
https://knews.kathimerini.com.cy/en/news/pwc- 5-2-billion-in-real-estate-transactions in-2022
Transaction volumes in the real estate and land development sector have surpassed those of 2019. According to the most recent PwC Cyprus publication, the total value of transactions in 2022 will reach €5.2 billion,...
https://knews.kathimerini.com.cy/en/news/cyprus-42-cases-of-pediatric-cancer-recorded-each-year
Each year, 42 new cancer cases among children are recorded in Cyprus, while the cure rate of childhood cancer cases ranks the country in the top spot worldwide,...
https://knews.kathimerini.com.cy/en/news/isolated-showers-and-snow-in-parts-of-cyprus
Today's weather will be mostly clear, with some clouds in the west and along the northern coast, but clouds will gradually increase, especially in the mountains and in the western and southern Troodos, where isolated light showers may occur....
https://knews.kathimerini.com.cy/en/news/objects-shot-down-by-us-are-not-of-alien-origin-says-george-danos
President of the Cyprus Space Exploration Organisation (CSEO) George Danos told CNA that he highly doubts that the objects shot down recently by the US army are of extraterrestrial origin....
https://knews.kathimerini.com.cy/en/business/companies-laying-off-employees-to-hire-new-ones-at-lower-salaries
Keri and other recruiters say that candidate offers are now much lower and look more like those from 2019 — before the pandemic kicked off the Great Resignation, before Big Tech went on a hiring spree, and before anyone had heard of "quiet quitting."...
https://knews.kathimerini.com.cy/en/news/sales-to-foreign-buyers-hit-16-year-high
During January 2023 foreign buyers deposited 594 contracts of sale at Land Registry offices across the island. Moreover, these accounted for 54% of all sales; the first time since 2007 that the number of foreign sales has exceeded domestic sales....
https://knews.kathimerini.com.cy/en/news/cypriot-voters-cast-ballot-in-crucial-runoff-election
Cypriots return to the polls Sunday to elect the 8th President since the establishment of the Republic of Cyprus. The two front-runners in last weekend's first round, are Nicos Christodoulides, former Minister of Foreign Affairs in the cabinet of outgoing President Nicos Anastasiades, and Andreas Mavroyiannis a diplomat who served as negotiator for the Cyprus problem...
https://knews.kathimerini.com.cy/en/news/credit-suisse-posts-$1-51-billion-loss-in-4th-quarter-of-2022
Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul....
https://knews.kathimerini.com.cy/en/news/apartment-prices-continued-its-upward-momentum-in-q4-2022
Apartments continued to drive the rising real estate prices in the fourth quarter of 2022, data published by the Aks WiRE Index show....
https://knews.kathimerini.com.cy/en/news/cyprus-drives-hard-bargain-on-eu-migration-money
Outgoing Cypriot President Nicos Anastasiades will note the disproportionate burden for the Republic of Cyprus due to the increased migration flows, during the European Council summit taking place on Thursday and Friday in Brussels, highlighting the instrumentalization of the migration issue by Turkey...
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-is-constantly-reducing-its-energy-footprint-and-contributes-to-the-protection-of-the-environment-on-a-daily-basis
This year, the company was also certified with the ISO 50001 for its energy management system and for the first time it attained green certificates for 100% of the energy supplied by EAC....
https://knews.kathimerini.com.cy/en/news/top-putin-ally-threatening-to-invade-poland
Ramzan Kadyrov, a key ally of Russian President Vladimir Putin, has begun rattling off threats about attacking Poland after Ukraine....
https://knews.kathimerini.com.cy/en/news/clock-ticking-as-rescuers-dig-through-rubble
Rescuers raced against time early Wednesday to pull survivors from the rubble before they succumbed to cold weather two days after an earthquake tore through southern Turkey and war-ravaged northern Syria. The death toll climbed above 7,700 and was expected to rise further...
https://knews.kathimerini.com.cy/en/news/us-ireland-work-exchange-program-extended-for-another-5-years
The Irish authorities have announced that the country has signed a statement of intent with the US to extend the US-Ireland Working Holiday/Intern Work and Travel Programme for another five years....
