https://knews.kathimerini.com.cy/en/news/cyprus-wants-eu-exemption-from-energy-cutback
Cyprus is gearing up to request on Friday an exemption from EU measures that would call on member states to reduce their energy demand as well as cap company profits from Russian oil...
https://knews.kathimerini.com.cy/en/news/un-s-stewart-the-option-of-a-mutually-agreed-solution-is-fading
"I am extremely concerned that the option of a mutually agreed settlement of the Cyprus problem, i.e. a formula for the reunification of the island acceptable to both sides, is fading and will not be available for much longer", UN Secretary General's Special Representative for Cyprus Colin Stewart says....
https://knews.kathimerini.com.cy/en/news/finance-minister-calls-for-prudency-to-safeguard-economy
Cypriot Minister of Finance Constantinos Petrides, stressed on Wednesday evening the need to be “even more careful” with the fiscal discipline in the new challenging era, while Central Bank Governor Constantinos Herodotou referred to the risk of new NPLs due to the challenging economic conditions....
https://knews.kathimerini.com.cy/en/news/ec-says-no-to-price-cap-proposal
Defying calls from the 15 EU countries and voices among European commissioners, Commission President Ursula von der Leyen has decided not to propose a price cap on gas imports, according to Politico....
https://knews.kathimerini.com.cy/en/news/why-evs-are-a-flop-in-cyprus-…-so-far
It's only a 150-kilometer drive across Cyprus; well below how far an average electric vehicle can drive on a single charge. Range anxiety — a major barrier in the shift to EVs — shouldn't be a thing....
https://knews.kathimerini.com.cy/en/news/the-mall-of-cyprus-turns-15-and-is-celebrating-big
This year, the Mall of Cyprus turns 15 and is celebrating big! From the 27th of September onwards, visitors will benefit from special offers from stores and on the 9th of October, a big street-style event has been organized to celebrate!...
https://knews.kathimerini.com.cy/en/news/candidates-concerned-over-higher-rents-facing-undergraduates
Parties and candidates on Monday continued their activities, ahead of the February 2023 presidential elections, with issues such as digital transformation, labor relations, the Cyprus problem and benefits for undergraduate students who face difficulties renting student halls, topping the agenda....
https://knews.kathimerini.com.cy/en/news/crucial-countdown-as-cyprus-moves-to-block-lone-star
Private equity firm Lone Star has until Friday to submit a binding offer to buy the Bank of Cyprus, but the island’s largest financial institution could be out of reach as the House is expected one day earlier to vote on a bill that would authorize the government to block a hostile takeover on security grounds...
https://knews.kathimerini.com.cy/en/business/september-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 the field of auditing and accounting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/iran-pro-regime-marchers-calling-for-execution-of-protesters
State-organized demonstrations took place in several Iranian cities on Friday to counter anti-government protests triggered by the death of a woman in police custody, with some marchers calling for the execution of rioters....
https://knews.kathimerini.com.cy/en/news/reduced-excise-tax-on-fuel-extended-until-mid-january
The Cyprus government extended the reduced excise duties on fuel until 15 January 2023 on Friday, in a bid to alleviate the effects of soaring inflation fuelled by the war in Ukraine, with the Finance Minister calling on Households and businesses to save energy as fiscal measures cannot tackle the problem of price hikes in its entirety....
https://knews.kathimerini.com.cy/en/business/ryanair-says-low-cost-travel-now-in-the-past
The previously known ultra-low-cost flag carrier, Ryanair, has announced it will increase ticket prices to Austria moderately, mainly due to inflation....
https://knews.kathimerini.com.cy/en/news/ask-wire-index-apartments-lead-the-way-in-sale-and-rent-price-hikes-in-q2
Ask WiRE, a company combining real estate know-how with technology has published its Q2 2022 edition of the Ask WiRE Index for property sale and rental values. The Ask WiRE Index covers all districts and main property types, with values from Q4 2009....
https://knews.kathimerini.com.cy/en/business/the-price-increase-of-halloumi-is-justified-minister-of-agriculture-says
The slight increase recorded in the price of the halloumi cheese is justified, Minister of Agriculture Costas Kadis said on Thursday....
https://knews.kathimerini.com.cy/en/news/europe-s-vegetable-farmers-warn-of-shortages-as-energy-crisis-bites
Emmanuel Lefebvre produces thousands of tonnes of endives on his farm in northern France annually, but this year he may abandon his crop because of the crippling energy costs required to freeze the harvested bulbs....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-a-cat-has-nine-lives-so-does-the-cyprus-property-market
Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....
https://knews.kathimerini.com.cy/en/news/ft-the-bank-of-cyprus-lone-star-deal-is-not-just-about-price
Cyprus has attracted a different sort of visitor recently. US buyout group Lone Star has taken an interest in Bank of Cyprus, the island nation’s largest lender....
https://knews.kathimerini.com.cy/en/business/construction-materials-recorded-an-annual-increase-of-16-69-in-august
The Construction Materials Price Index increased by 16.69% in August 2022 compared to August 2021....
https://knews.kathimerini.com.cy/en/news/only-pdo-halloumi-available-in-the-market-from-today
As of today, inspectors from the Ministry of Agriculture have started inspections in supermarkets and store refrigerators to remove non-PDO branded halloumi products....
https://knews.kathimerini.com.cy/en/news/consumer-watchdog-releases-price-index-for-september-on-basic-consumer-goods
The Consumer Watchdog has released the price index for basic consumer goods for the month of September....
https://knews.kathimerini.com.cy/en/news/inflation-still-high-but-slowed-to-9-6-in-august
Harmonized inflation rose at a slower pace than in the previous month in August 2022, recording an increase of 9.6%, compared with August last year....
https://knews.kathimerini.com.cy/en/business/are-you-sure-the-person-you-interviewed-is-the-one-you-hired-for-the-job
A job interview scheme is on the rise where candidates are hiring proxies to sit in for them. Some 'professional' proxies are charging up to $150 an hour to do job interviews....
https://knews.kathimerini.com.cy/en/news/israeli-minister-visits-nicosia-as-energy-bargain-heats-up
Israeli Energy Minister Karine Elharrar is visiting Cyprus on Monday to talk gas directly with her Cypriot counterpart, after companies tasked by the two governments to negotiate a joint reservoir failed to agree on a buyout deal...
https://knews.kathimerini.com.cy/en/news/princeton-university-is-now-free-for-families-making-under-$100-000
The considerable cost of attending one of the top American universities will now be covered for students whose parents earn less than $100,000 per year....
https://knews.kathimerini.com.cy/en/news/ec-to-force-energy-companies-to-share-their-profits
The European Commission plans to raise more than €140 billion to relieve consumers from soaring energy prices, according to Reuters, by "taking a chunk of the revenue from low-cost electricity producers and forcing fossil fuel companies to share their huge profits. ...
https://knews.kathimerini.com.cy/en/news/cyprus-ranks-9th-highest-in-eu-in-terms-of-minimum-wage
Cyprus is among the top nine EU countries that enforce a national minimum wage (NMW), says the Ministry of Finance, which notes that currently, 22 member states have institutionalized the minimum amount of remuneration for workers....
https://knews.kathimerini.com.cy/en/news/cyprus-tomorrow-plan-the-legacy-of-the-anastasiades-government
Cyprus President Nicos Anastasiades said he has a “clear conscience” as he delivered on his commitments concerning the creation of a “welfare state with no exclusions,”...
https://knews.kathimerini.com.cy/en/news/eu-to-set-new-rules-on-minimum-wage
The need for the immediate adoption of an adequate minimum wage that will allow employees to live with dignity was discussed by the Plenary of the European Parliament on Tuesday, which is expected to vote on a relevant directive on Wednesday....
https://knews.kathimerini.com.cy/en/business/non-pdo-halloumi-being-sold-off-at-deeply-discounted-prices
Many supermarket chains and stores that sell halloumi are offering deep discounts on singular or bulk sales of the cheese. These are clearly those products that do not fall within the PDO specifications and are not labeled accordingly....
https://knews.kathimerini.com.cy/en/news/rhetoric-escalates-as-shots-fired-in-aegean-sea
Turkey says Greek coast guard fired shots at a Turkish cargo ship in international waters in the Aegean, with Athens saying the ship was 'moving suspiciously' in Greek waters while others are calling for calm as rhetoric escalates again...