https://knews.kathimerini.com.cy/en/news/consumer-protection-urges-photovoltaic-market-research
The Consumer Protection Service of the Ministry of Energy emphasizes the importance of thorough market research for consumers considering the installation of photovoltaic systems....
https://knews.kathimerini.com.cy/en/news/home-prices-surge-in-q4-2023
House prices in Cyprus continued their upward trajectory in the fourth quarter of 2023, with apartment prices being the primary driving force, as per a report released by the Central Bank of Cyprus on Tuesday....
https://knews.kathimerini.com.cy/en/news/chinese-president-s-visits-to-serbia-and-hungary-yield-new-economic-deals
When Chinese President Xi Jinping visited Hungary last week, he arrived to one of the few places in the European Union where his country is considered......
https://knews.kathimerini.com.cy/en/news/invest-cyprus-takes-strides-to-boost-investments-on-the-island
Invest Cyprus, the national Investment Promotion Authority has been fervently working to position Cyprus as an appealing investment and business hub, ...
https://knews.kathimerini.com.cy/en/news/hadjimanoli-we-hope-to-expand-into-the-asian-market
Marina Hadjimanoli stepped into her role as Deputy Minister of Shipping amidst a period of upheaval, with the shipping sector grappling with various challenges including geopolitical conflicts and safeguarding supply chains against potential terrorist threats targeting merchant vessels....
https://knews.kathimerini.com.cy/en/news/president-urges-eu-action-for-final-settlement-of-cyprus-problem
The Cyprus problem is a European issue par excellence and the European Union has every interest, but also obligation, to actively contribute through a leading role for its final settlement, using, utilizing all the politico-economic means and tools at its disposal in the context of EU-Turkey relations, President Nikos Christodoulides said in an address at an event on Thursday evening to mark Cyprus' 20th anniversary of accession....
https://knews.kathimerini.com.cy/en/news/st-kitts-and-nevis-appoints-joseph-borghese-as-special-envoy-for-fdis
In a strategic effort to boost Foreign Direct Investment (FDI) initiatives, the Government of the Federation of St. Kitts and Nevis has appointed His Excellency Joseph Borghese as Special Envoy for Foreign Direct Investments. ...
https://knews.kathimerini.com.cy/en/news/fighting-high-interest-rates-is-europe-s-main-challenge
The European economy faces significant challenges amidst the current geopolitical crisis, which threatens its global position. ...
https://knews.kathimerini.com.cy/en/news/china-s-leader-targets-hungary-serbia-for-investments
Chinese leader Xi Jinping will spend most of his five-day tour in Europe this week in two small countries in the continent’s eastern half, a region that Beijing has used as a foothold for its expanding economic ambitions in Europe....
https://knews.kathimerini.com.cy/en/news/macron-declares-europe-is-mortal-calls-for-unity
The 27-country bloc needs to urgently rethink its defence and economic models to not fall behind its rivals, the French leader said.
...
https://knews.kathimerini.com.cy/en/news/cyprus-ends-2023-with-€918-7-million-fiscal-surplus
Cyprus's financial report card for 2023 is in, and it's showing some positive signs. According to the Statistical Service of Cyprus, the country ended the year with a fiscal surplus of €918.7 million. That's like having extra money left over after paying all the bills....
https://knews.kathimerini.com.cy/en/business/alternative-investments-and-portfolio-diversification
In contrast to traditional investments in stocks and bonds, portfolios incorporating alternative investments have historically offered higher returns, a trend that has become more prevalent in recent years. ...
https://knews.kathimerini.com.cy/en/news/cyprus-struggles-as-70-of-green-power-goes-to-waste
In a pivotal discussion held yesterday by the Parliamentary Committee on Energy, Trade, Industry, and Tourism, the pressing issue of energy storage from renewable sources and hydrogen took center stage....
https://knews.kathimerini.com.cy/en/news/eu-champions-ocean-health-with-$3-71-billion-investment
The European Union will spend 3.5 billion euros ($3.71 billion) to protect the ocean and promote sustainability through a series of initiatives this year, the EU’s top environment official said on Tuesday.
...
https://knews.kathimerini.com.cy/en/business/what-economic-headlines-are-making-waves-this-week
Amidst a backdrop of economic shifts and global challenges, a series of key developments are shaping the financial landscape. ...
https://knews.kathimerini.com.cy/en/business/will-fredriksen-group-set-sail-for-cyprus
The Fredriksen Group, led by prominent shipping magnate John Fredriksen, is contemplating relocating a significant portion, if not all, of its shipping operations from Norway to Cyprus, citing dissatisfaction with Norway's framework conditions....
https://knews.kathimerini.com.cy/en/news/hellenic-bank-s-pursuit-of-cnp-cyprus-uncovers-uncertainties
The exclusive negotiations between Hellenic Bank and CNP Cyprus Insurance Holdings, a subsidiary of the French insurance powerhouse CNP Assurances, have captured attention for their high stakes and strategic importance....
https://knews.kathimerini.com.cy/en/comment/opinion/fortifying-digital-banks-and-battling-cyber-threats
The period we are going through raises serious concerns about the security of critical digital infrastructures. Among these, the most significant are those of banks, and in this direction...
https://knews.kathimerini.com.cy/en/business/lawyers-challenge-money-laundering-watchdog-in-cyprus
Establishing a system to oversee financial companies in Cyprus is proving tricky, according to an article written by Apostolos Tomaras. It all started when the US and UK slapped sanctions on Russia,...
https://knews.kathimerini.com.cy/en/business/employers-call-for-tax-reform-to-spur-economic-growth
Employers are advocating for a comprehensive overhaul of the tax system, proposing significant changes aimed at boosting economic activity and competitiveness. Here's a breakdown of their proposals:...
https://knews.kathimerini.com.cy/en/news/mykonos-faces-tourism-crisis-amid-declining-numbers
Despite promising signs for other parts of the country as regards the number of flights and seat bookings for the 2024 tourism season, Mykonos is seeing a decline in both indices for the second year in a row.
...
https://knews.kathimerini.com.cy/en/news/cyprus-and-estonia-pledge-deeper-ties-across-borders
The similarities between Cyprus and Estonia, despite their geographical distance, noted on Wednesday in Nicosia......
https://knews.kathimerini.com.cy/en/business/business-loans-drop-home-loans-steady
The Central Bank of Cyprus reported on Wednesday that the net demand for corporate loans continued to decrease in the last quarter of 2023, marking a consistent downward trend since the first quarter of 2022, although at a slower pace than anticipated earlier in the year....
https://knews.kathimerini.com.cy/en/news/europe-s-ambitious-plan-to-reignite-economic-engines
As Europe endeavours to uphold its competitiveness amidst economic rivals, its politicians believe they hold a concealed asset: the savings of its citizens, which remain unused and dormant....
https://knews.kathimerini.com.cy/en/news/european-commission-flags-trade-risks-for-cyprus-economy
The Cypriot economy is on a sound footing due to solid economic growth and declining inflation, but its high integration with EU and non-EU economies make geopolitical and trade tensions......
https://knews.kathimerini.com.cy/en/business/responsible-today-sustainable-tomorrow-lidl-cyprus-with-an-eye-on-cyprus-of-the-future
An event dedicated to its vision for a sustainable tomorrow was held by Lidl Cyprus at the premises of the Lidl Food Academy in the centre of Nicosia on Thursday 21 March 2023, in the presence of the honourable Minister of Energy, Trade and Industry, Mr. Giorgos Papanastasiou, as well as other institutional body representatives and partners of the company, as well as representatives of the media. ...
https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-allies-forge-€7-4b-deal-with-egypt-to-transform-energy-landscape
European Union and Egyptian leaders joined forces on Sunday to sign a substantial €7.4 billion financial package aimed at bolstering Egypt's economy, enhancing energy trade with Europe, and addressing irregular migrant flows....
https://knews.kathimerini.com.cy/en/news/us-ambassador-to-greece-wants-more-us-greece-flights
US Ambassador to Greece George Tsunis stressed on Thursday the need for more flights from the United States to all of Greece and in particular Thessaloniki....
https://knews.kathimerini.com.cy/en/business/eurobank-eyes-support-for-internet-cable-connecting-europe-and-asia
Eurobank, initially hesitant about financing the East to Med Data Corridor (EMC) cable system, is now contemplating entering the second round of funding for the mega project....
https://knews.kathimerini.com.cy/en/news/forest-park-hotel-acquisition-joins-cyprus-mountain-peaks-investment
Investment interest in the mountainous areas of the island continues to surge, a trend observed in recent years......
