https://knews.kathimerini.com.cy/en/news/phone-ringing-debt-ignored-cyprus-faces-loan-repayment-hurdles
Despite efforts to reduce Non-Performing Loans (NPLs) in Cyprus, the lingering burden continues to weigh heavily on the country's economy and society....
https://knews.kathimerini.com.cy/en/business/eu-court-upholds-halloumi-pdo-registration
In a significant legal development, the EU General Court has dismissed an appeal by Cypriot cheese makers challenging the registration of the name 'Halloumi'/'Hellim' as a Protected Designation of Origin (PDO) by the European Commission in April 2021....
https://knews.kathimerini.com.cy/en/news/cyprus-government-achieves-significant-debt-reduction-in-2023
The Cyprus government reported that the island nation ended 2023 with a debt of €22.4 billion, constituting around 99% of the Republic of Cyprus' total debt. This marks a notable reduction of €689 million or 3% from the corresponding period in the previous year....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-faces-headwinds-in-2024
According to an article by Maria Eracleous published in Kathimerini's Oikonomiki, the tourism sector in Cyprus is grappling with a challenging start to 2024, primarily attributed to the ongoing conflict in Israel and heightened price sensitivity impacting travel demand....
https://knews.kathimerini.com.cy/en/business/february-newsletter-of-k-treppides-co-ltd-european-securities-and-markets-authority
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/business/airbnb-soars-in-cyprus-as-over-6-700-properties-embrace-the-trend
In Cyprus, there's a growing trend in tourist accommodation preferences, with an increasing number opting for self-catering options like Airbnb, according to Marios Tsianakas,...
https://knews.kathimerini.com.cy/en/news/cyprus-sees-2-9-dip-in-tourist-arrivals-in-january
Tourist arrivals in Cyprus for January 2024 declined by 2.9% compared to the same period last year, with 87,961 arrivals, according to data released by the Cyprus Statistical Service (CyStat)....
https://knews.kathimerini.com.cy/en/news/netherlands-tops-global-pension-charts
A recent analysis by the Mercer CFA Institute has identified European nations as leaders in global pension systems. The Netherlands secures the top spot in the rankings, with Iceland and Denmark following closely behind....
https://knews.kathimerini.com.cy/en/business/porsche-s-new-panamera-e-hybrids-faster-greener-better
Porsche presents two new e-hybrid variants of the Panamera...
https://knews.kathimerini.com.cy/en/news/cyprus-emerges-as-key-hub-for-emc-project-with-$300-million-funding
The EMC cable aims to connect Europe with Saudi Arabia, with construction slated to begin in the summer of 2024...
https://knews.kathimerini.com.cy/en/news/cyprus-adapts-to-changing-seas
In response to European sanctions on Russian shipping companies based in Cyprus and developments in the Mediterranean and the Red Sea, Cyprus is actively seeking to attract new companies from different markets....
https://knews.kathimerini.com.cy/en/news/kato-pyrgos-aims-to-become-cyprus-first-energy-self-sufficient-community
Inspired by the success of the Tilos Project, the first operational renewable energy initiative that achieved energy independence for the island of Tilos, Kato Pyrgos aspires to become the first energy self-sufficient community in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/mysterious-lakatamia-mansion-hits-the-market-for-825-000-euros
The most famous mansion in Lakatamia is up for sale for 825,000 euros by Gordian Holdings....
https://knews.kathimerini.com.cy/en/business/cyprus-and-greece-report-lowest-eu-foreign-investment
Eurostat's latest data sheds light on the intricate dynamics of foreign involvement in the European Union's economy.
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https://knews.kathimerini.com.cy/en/news/over-1-000-tons-of-discarded-tires-pile-up-across-cyprus
Today, more than 1,000 tons of tires lie scattered in open spaces throughout Cyprus, posing a significant problem for the environment and public health....
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-invests-€450-000-in-employee-appreciation-program
Lidl Cyprus rewards the collective effort and contribution of its team, by granting additional cash benefits totalling €450,000....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-€40m-setback-in-smart-meter-implementation
A €40 million allocation from the Recovery and Resilience Fund, earmarked for the purchase and installation of smart meters, is in jeopardy due to tight timetables....
https://knews.kathimerini.com.cy/en/news/cyprus-harvests-success-at-fruit-logistica-2024-in-berlin
The Cyprus Ministry of Energy, Commerce, and Industry, along with the Cyprus Trade Centre in Berlin, made a significant impact at the "Fruit Logistica 2024" international fresh produce trade show in Berlin from February 7 to 9....
https://knews.kathimerini.com.cy/en/news/department-faces-2-000-backlogged-refugee-applications-due-to-understaffing
In February 2024, the Service for the Care and Rehabilitation of Displaced Persons (YMAPE) revealed a backlog of 2,000 pending applications, citing understaffing issues. ...
https://knews.kathimerini.com.cy/en/news/the-rise-of-the-romantic-ai-companions
In a quest for connection, 39-year-old Derek Carrier turned to artificial intelligence to find a romantic partner. Living with Marfan syndrome, a genetic disorder making traditional dating challenging,...
https://knews.kathimerini.com.cy/en/business/4-february-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...
https://knews.kathimerini.com.cy/en/news/christodoulides-faces-declining-ratings-amid-citizen-discontent
Marina Economidou, Director of 'Kathimerini,' has commented on the recent poll results indicating a decline in the ratings of President Nikos Christodoulides. ...
https://knews.kathimerini.com.cy/en/news/why-do-employees-say-no-to-promotions-insights-from-a-global-study
A significant question arises in modern workplaces: why would an employee decline a promotion when they are entirely content with their current role?...
https://knews.kathimerini.com.cy/en/business/3-february-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/housing-costs-rise-apartments-jump-11-1-in-2024
House and apartment rents went up 8% and 11.1%, respectively, over the year in the fourth quarter of 2024, according to the Ask Wire Index. At the same period, house and apartment values rose 3% and 8.8% respectively over the year....
https://knews.kathimerini.com.cy/en/news/shifting-tides-as-president-sees-changing-voter-sentiments-in-recent-poll
In a recent survey conducted by Red Wolf PR & Advertising, discontent with the performance of President Nicos Christodoulides has emerged, signaling a shift in public sentiment just one year after his election. ...
https://knews.kathimerini.com.cy/en/business/porsche-unleashes-powerhouse-taycan-with-enhanced-performance
Higher, faster, further and coming to Porsche Centres in the spring of 2024....
https://knews.kathimerini.com.cy/en/news/1-cyprus-grapples-with-impending-price-increases-in-appliances
Another category of products faces potential price hikes, with household appliances such as refrigerators, washing machines, and televisions expected to experience increases in the near future. ...
https://knews.kathimerini.com.cy/en/news/european-central-bank-considers-rate-cut-spanish-governor-suggests
The European citizens should know that that the European Central Bank’s next move will be a rate cut, Governor of the Bank of Spain and ECB Governing Council member......
https://knews.kathimerini.com.cy/en/news/cyprus-airways-launches-direct-flights-from-larnaca-to-brussels
Today marks a milestone for Cyprus Airways as the airline proudly announces the commencement of flights between Larnaca and the vibrant city of Brussels twice a week.
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