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12° Nicosia,
01 November, 2024
 

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Displaying results 1-30 of 456 matches for query percentage.

1. Cyprus faces financial imbalance as assets fall short of liabilities

https://knews.kathimerini.com.cy/en/business/cyprus-faces-financial-imbalance-as-assets-fall-short-of-liabilities

As of December 2023, Cyprus' economy is navigating a complex financial landscape, with total assets in financial instruments reaching €869 billion. However, the country also faces a notable financial shortfall, with liabilities exceeding assets by about €29 billion....

2. Kotsovolos: One Destination, the full Apple Experience

https://knews.kathimerini.com.cy/en/business/kotsovolos-one-destination-the-full-apple-experience

For those who are looking for the ultimate Apple experience, the answer is simple: Kotsovolos!...

3. Attica Bank secures US investment ahead of €672M share sale

https://knews.kathimerini.com.cy/en/news/attica-bank-secures-us-investment-ahead-of-€672m-share-sale

Two major US investment funds are expected to participate in Attica Bank’s share capital increase, which takes place from October 21 to 30 and aims to raise 672.2 million euros....

4. Inflation slows to 0.7% in September due to falling oil prices

https://knews.kathimerini.com.cy/en/news/inflation-slows-to-0-7-in-september-due-to-falling-oil-prices

Inflation hit a three-year low due to the fall in oil prices in September 2024, rising at a rate of 0.7%, according to data released by the Statistical Service on Thursday. The Consumer Price Index (CPI) in September 2024 increased by 0.38 units to 118.48 units compared to 118.10 units in August 2024....

5. Cyprus Central Bank raises 2024 GDP growth forecast to 3.5%

https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-raises-2024-gdp-growth-forecast-to-3-5

The Central Bank of Cyprus (CBC) has revised GDP growth rate up by 0.5 percentage points for 2024, to 3.5%, compared to its forecasts last June, stressing that there does not seem to be any significant negative impact on investments from the conflict in the Middle East. ...

6. Far-right Freedom Party wins big in Austria election

https://knews.kathimerini.com.cy/en/news/far-right-freedom-party-wins-big-in-austria-election

Austria's political landscape has entered a period of uncertainty following the far-right Freedom Party’s (FPÖ) historic success in Sunday’s general election......

7. 127,236 people in Cyprus were at risk of poverty in 2023

https://knews.kathimerini.com.cy/en/news/127-236-people-in-cyprus-were-at-risk-of-poverty-in-2023

Nearly 14% of people in Cyprus were at risk of poverty in 2023, according to a new report from the Statistical Service of Cyprus. This means around 127,236 individuals lived on a yearly disposable income of €11,324 or less....

8. Cyprus sees decline in use of online government services

https://knews.kathimerini.com.cy/en/news/cyprus-sees-decline-in-use-of-online-government-services

In 2023, Cyprus reported that only 66% of its citizens accessed government websites for online services, according to data from Eurostat, the statistical service of the European Union....

9. Bank of Cyprus shares surge 4.6% on first day back in Athens

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shares-surge-4-6-on-first-day-back-in-athens

Bank of Cyprus shares surged on their first day of trading at the Athens Exchange, reaching €5.00, marking a notable return to the Greek financial market after seven years....

10. Calls to reduce fines for late UBO submissions in Cyprus

https://knews.kathimerini.com.cy/en/news/calls-to-reduce-fines-for-late-ubo-submissions-in-cyprus

High fines have spurred companies in Cyprus to comply with the submission of beneficial ownership details to the Company Registrar's Beneficial Ownership Register. ...

11. Cyprus-Crete electricity interconnection agreement nears completion

https://knews.kathimerini.com.cy/en/business/cyprus-crete-electricity-interconnection-agreement-nears-completion

Discussions among the parties involved in the Cyprus-Crete electricity interconnection project appear to be advancing following a recent presidential meeting....

12. Additional benefits for new parents at Lidl Cyprus

https://knews.kathimerini.com.cy/en/business/additional-benefits-for-new-parents-at-lidl-cyprus

As of July 1, 2024, Lidl Cyprus proceeded with additional benefits for the new parents working for its group. ...

13. Cyprus' illusion of prosperity as unemployment numbers mask realities

https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-illusion-of-prosperity-as-unemployment-numbers-mask-realities

In its analysis, the Central Bank of Cyprus notes that in the first quarter of 2024, unemployment fell to 6%, the lowest level since 2009....

14. Eurostat: 80.6% of Cyprus graduates found jobs in 2023, below EU average

https://knews.kathimerini.com.cy/en/news/eurostat-80-6-of-cyprus-graduates-found-jobs-in-2023-below-eu-average

A total of 80.6% of recent graduates in Cyprus were employed in 2023, while the European Union (EU) average stood at 83.5%, according to data published on Wednesday, by Eurostat....

15. Government confident in surpassing 4% growth in 2024, says Letymbiotis

https://knews.kathimerini.com.cy/en/news/government-confident-in-surpassing-4-growth-in-2024-says-letymbiotis

The government now aims for the 2024 growth rate to exceed 4%, Government Spokesperson Konstantinos Letymbiotis said, following a flash estimate by the Statistical Service for a growth rate of 3.6% (3.7% when adjusted seasonally and based on working days)....

16. Central Bank revises GDP growth to 3%

https://knews.kathimerini.com.cy/en/news/central-bank-revises-gdp-growth-to-3

The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth rate for 2024, by 0.2 percentage points, to 3%......

17. Cypriot banks show resilience amid challenges, says CBC Governor

https://knews.kathimerini.com.cy/en/business/cypriot-banks-show-resilience-amid-challenges-reports-central-bank-governor

Despite the continuous challenges, the Cypriot banking system continues to register a positive course, which is reflected in the main supervisory indicators, Governor of the Central Bank of Cyprus (CBC), ...

18. FT: Global stock markets tumble amid US recession fears

https://knews.kathimerini.com.cy/en/business/ft-global-stock-markets-tumble-amid-us-recession-fears

Global stock markets experienced significant declines on Monday as concerns about a potential US recession led investors to abandon risky assets....

19. Fruits and perishables made of gold

https://knews.kathimerini.com.cy/en/business/fruits-and-perishables-made-of-gold

Soaring retail prices for fresh fruits and vegetables have heavily impacted both consumers and producers in recent months. ...

20. Cyprus ranks second in EU for workers unable to afford vacations

https://knews.kathimerini.com.cy/en/business/cyprus-ranks-second-in-eu-for-workers-unable-to-afford-vacations

Cyprus recorded the second-largest share of workers unable to afford vacations in 2022 among EU member states, with 25% of its workforce affected, according to an analysis of Eurostat data by the European Trade Union Confederation (ETUC)....

21. Cypriot students face €1,100 rents in Limassol

https://knews.kathimerini.com.cy/en/news/cypriot-students-face-€1-100-rents-in-limassol

Rising rental prices are placing significant strain on individuals seeking housing in Cyprus and Greece, with particular challenges faced by incoming university students. ...

22. Cyprus surges in high-speed internet and tech jobs

https://knews.kathimerini.com.cy/en/business/cyprus-surges-in-high-speed-internet-and-tech-jobs

Cyprus is making notable progress in its digital transformation, with coverage of very high capacity networks (VHCN) reaching 77.1% in 2023, a 28.5% increase from the previous year, according to the Deputy Ministry of Research, Innovation, and Digital Policy....

23. CBC to keep dividends low despite bank profits

https://knews.kathimerini.com.cy/en/news/cbc-to-keep-dividends-low-despite-bank-profits

The increased profitability of Cypriot banks, will not affect the supervisory authorities’ views over the necessity to maintain a prudent policy with respect to banks’ dividend payments, the Central Bank of Cyprus said in its annual report for 2023, published on Wednesday....

24. Delving into the mind of an arsonist

https://knews.kathimerini.com.cy/en/news/delving-into-the-mind-of-an-arsonist

Amid a summer plagued by arson-induced wildfires, authorities in Cyprus are grappling with understanding the motives behind these destructive acts and how to prevent them. ...

25. Apple introduces AI, but only for iPhone 15 Pro users

https://knews.kathimerini.com.cy/en/news/apple-introduces-ai-but-only-for-iphone-15-pro-users

After nearly two years of anticipation, Apple has finally entered the artificial intelligence (AI) race....

26. CBC projects 3% GDP growth in 2024

https://knews.kathimerini.com.cy/en/news/cbc-projects-3-gdp-growth-in-2024

The Central Bank of Cyprus has revised its 2024 forecast for GDP growth to 3%, from 2.8% that was expected last March, mainly due to the upward revision of domestic demand, while it maintained its forecast for growth in the years 2025 and 2026, at 3.1% and 3.2%, respectively....

27. Cyprus faces market uncertainties as exit plans delayed again

https://knews.kathimerini.com.cy/en/business/cyprus-faces-market-uncertainties-as-exit-plans-delayed-again

According to report by Panayiotis Rougalas in today's Oikonomiki, Cyprus faces a challenging time as it navigates plans to exit the financial markets. ...

28. 153,000 people struggle with low incomes and high living costs

https://knews.kathimerini.com.cy/en/news/153-000-people-struggle-with-low-incomes-and-high-living-costs

The share of Cyprus' population at risk of poverty or social exclusion remained steady at 16.7% in 2023, according to the Statistical Service of Cyprus (Cystat). This means that approximately 153,000 people in Cyprus are struggling with low incomes and high living costs....

29. Political turmoil as coalition parties face electoral setback

https://knews.kathimerini.com.cy/en/news/political-turmoil-as-coalition-parties-face-electoral-setback

Clouds of uncertainty loom over the political landscape of Cyprus following the recent European elections, which saw significant losses for the co-governing parties. ...

30. Independents and far-right candidates gain seats in EU parliament

https://knews.kathimerini.com.cy/en/news/independents-and-far-right-candidates-gain-seats-in-eu-parliament

In a historic turn of events, Cyprus witnessed significant changes in its representation in the European Parliament as results from the June 9th election rolled in....

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