https://knews.kathimerini.com.cy/en/business/lower-interest-rates-on-deposits-and-consumer-loans
A decrease in interest rates on deposits and consumer loans and a marginal increase in the interest rates on mortgages can be seen in the data published on Thursday by the Central Bank of Cyprus for March 2022....
https://knews.kathimerini.com.cy/en/news/halloumi-production-and-distribution-unaffected-by-war
The production and distribution of halloumi have not been affected by the war in Ukraine, said the Minister of Agriculture, Rural Development and Environment, Costas Kadis, saying that what they are trying to manage is the unallocated quantities from the pandemic period....
https://knews.kathimerini.com.cy/en/business/first-ever-publicly-financed-equity-fund-will-benefit-cyprus-startups
The Ministry of Finance has long been committed to introducing a financial instrument to support startups and innovative companies with equity financing, ...
https://knews.kathimerini.com.cy/en/news/man-with-schizophrenia-convicted-of-premeditated-murders
A man with schizophrenia has been convicted on premeditated murder charges for killing his wife and son in rural Nicosia last year, with the bench dismissing his insanity defense after finding there was no provocation...
https://knews.kathimerini.com.cy/en/news/un-obesity-levels-in-europe-at-‘epidemic-proportions
The World Health Organization says the rates of people who are obese and overweight in Europe have hit “epidemic proportions,” with nearly 60% of adults and a third of children in one of those categories....
https://knews.kathimerini.com.cy/en/news/greece-sets-price-ceiling-on-electricity
The government is to introduce a price ceiling on the wholesale electricity market as the request for coordinated measures at the European level, which was reformulated on Monday at the Extraordinary Council of Energy Ministers by Energy Minister Kostas Skrekas, did not appear to gain traction....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-pillar-two-on-a-global-minimum-taxation
On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....
https://knews.kathimerini.com.cy/en/news/cooler-weather-and-rain-expected-in-the-next-few-days
Dust will continue to plague the atmosphere while a weak low-pressure system continues bringing isolated showers around the island. Dust levels are expected to decrease beginning Wednesday.
...
https://knews.kathimerini.com.cy/en/news/petrides-government-to-continue-support-measures-for-vulnerable-groups
The government is determined to continue the support it has been providing to vulnerable population groups against rising inflationary trends said Finance Minister Constantinos Petrides, speaking on the sidelines of the presentation of the Sponsorship Scheme for Student Dormitories and Rooms in the old city of Nicosia....
https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-economies-facing-a-twin-problem-following-the-war-in-ukraine
The EU and Cyprus economies are facing a “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, according to discussions held by the Nicosia Chamber of Commerce and Industry and the European Investment Bank (EIB)....
https://knews.kathimerini.com.cy/en/news/what-causes-the-frequent-episodes-of-dust-and-when-will-they-subside
For the second consecutive week, Cyprus woke up to a veil of African Dust which, according to the Cyprus Met office, should not surprise people....
https://knews.kathimerini.com.cy/en/news/anastasiades-the-protection-of-employees-rights-is-a-priority
President Nicos Anastasiades on Sunday listed a number of government policies and strategies as well as decisions in favor of laborers, as he addressed an event organized by trade union SEK in honor of Labor Day at the village of Amiantos....
https://knews.kathimerini.com.cy/en/news/acute-hepatitis-in-children-the-warning-signs
Scientists and public health authorities are looking into the recent outbreak of acute hepatitis in children, recently recorded in several countries around the world, and trying to find its cause....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-hub-hopes-hanging-by-a-thread
Nicosia is eagerly awaiting news any day now that could potentially revive the island’s hopes in the energy game, with all eyes on whether a UK-based company with contracts in Israel could find enough gas to bypass red tape and send some of it to a friendly neighbor’s hub...
https://knews.kathimerini.com.cy/en/news/turkey-expands-usage-of-mir-to-circumvent-payment-problems-for-russian-tourists
Turkey is trying to attract more Russian tourists by expanding the usage of the Russian Mir payment system in Turkey as it seeks to bypass the payment bottleneck created by Western sanctions....
https://knews.kathimerini.com.cy/en/news/amsterdam-airport-calls-on-airlines-to-cut-flights-amid-chaotic-crowds
Staff shortages exacerbated by a strike have caused huge delays at Amsterdam's Schiphol airport during the holiday season. The airport has now asked airlines to reduce the number of passengers by cutting flights....
https://knews.kathimerini.com.cy/en/business/ey-survey-growing-sustainability-risks-put-pressure-on-law-departments
Law departments around the world are facing a rising tide of risks relating to sustainability, but they do not feel that business leadership fully understands the implications, and they require additional resources to manage them effectively, according to a new study from EY Law and the Harvard Law School Center on the Legal Profession....
https://knews.kathimerini.com.cy/en/news/putin-warns-west-of-lightning-retaliation
Russian President Vladimir Putin warned of lightning-fast retaliation if countries interfere in Ukraine as European leaders accused Russia of 'blackmail' over its cuts to gas supplies...
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-letting-your-property-in-cyprus-through-online-platforms-e-g-airbnb
The economy of Cyprus is largely dependent on tourism, and this is evident from the fact that government revenues from tourism accounted for over 12% of Cyprus GDP in year 2019 (in accordance with publicly available statistics extracted pre Covid-19 pandemic). ...
https://knews.kathimerini.com.cy/en/news/study-heart-inflammation-more-prevalent-among-vaccinated-than-unvaccinated
Heart inflammation requiring hospital care was more common among people who received COVID-19 vaccines than those who did not, according to a new study of tens of millions of Europeans....
https://knews.kathimerini.com.cy/en/business/ey-report-a-resilient-grid-supported-by-digital-solutions-will-underpin-a-successful-transition-to-emobility
Adoption of eMobility is not just an economic or environmental phenomenon, but a psychological one that hinges on widespread customer acceptance. The current pace of EV adoption is swift, with one- in- five vehicles sold in Europe during 2021 being electric. ...
https://knews.kathimerini.com.cy/en/news/cyprus-doubles-down-on-immigration-policy
The government in the Republic of Cyprus has renewed its response to migration flows to the island, tasking authorities and lawmakers with tightening measures in a number of areas...
https://knews.kathimerini.com.cy/en/business/ebo-and-kpmg-cyprus-announce-strategic-partnership
EBO, a leader in customer engagement automation that empowers enterprises through AI technology enters into a strategic partnership with KPMG Cyprus, a leader in Management Consulting & Technology Advisory services offering assistance to organizations by identifying and solving the challenges that stand in the way of their growth and excellence....
https://knews.kathimerini.com.cy/en/news/nicosia-drops-hint-at-ferry-link-this-summer
The Shipping Deputy Ministry in the Republic of Cyprus says a successful bidder for a state-subsidized ferry link to Greece has been asked to submit a proposal, with reports saying a summer connection could be launched this year...
https://knews.kathimerini.com.cy/en/news/op-ed-inflation-welcomes-generation-z
Inflation is the rate at which prices rise, which means that we need more money to buy the same product or service. Consequently, if your salary stays the same, then your purchasing power will decrease, as you will be able to buy fewer goods and services....
https://knews.kathimerini.com.cy/en/news/eib-ready-to-offer-funding-to-mitigate-effects-of-ukrainian-war-on-cyprus
New investment opportunities in Cyprus, as well as funding to mitigate the effects of the war in Ukraine, were discussed on Monday by President Nicos Anastasiadis, Finance Minister Constantinos Petridis and European Investment Bank (EIB) President Werner Hoyer. ...
https://knews.kathimerini.com.cy/en/news/the-cypriot-economy-must-be-diversified
An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities on March 11–28, 2022 to discuss recent economic developments and policy priorities....
https://knews.kathimerini.com.cy/en/business/eib-president-visits-cyprus-to-discuss-support-for-new-investments
European Investment Bank President, Werner Hoyer, is in Nicosia meeting with representatives of the Cypriot Government today....
https://knews.kathimerini.com.cy/en/news/increase-of-property-supply-leads-to-decline-of-housing-prices
The increase in the property supply has contributed to a decline in prices in Cyprus in recent months, according to the latest figures reported by the Statistical Service of Cyprus (CyStat) this week....
https://knews.kathimerini.com.cy/en/news/finland-and-sweden-could-join-nato-in-the-summer
Finland and Sweden could soon join NATO, moves that would likely infuriate Moscow and that officials say would further underscore Russia's strategic error in invading Ukraine....