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/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/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/business/government-courts-global-investors-in-ambitious-growth-push
In a bid to position Cyprus as an enticing destination for foreign investments, the President of the Republic addressed a gathering of over 100 foreign investors and companies at the Presidential Palace. ...
https://knews.kathimerini.com.cy/en/news/farmers-rev-up-tractors-in-protest-against-eu-agricultural-policies
In the third such demonstration within eight months, Cypriot farmers steered their tractors through city streets, protesting against what they perceive as the European Union's misguided policies in the common agricultural policy....
https://knews.kathimerini.com.cy/en/news/electricity-subsidy-extends-to-vulnerable-consumers-until-february-s-end
With its metaphorical ''finger on the trigger,'' the Ministry of Finance is vigilantly tracking the anticipated surges in the current....
https://knews.kathimerini.com.cy/en/news/energy-minister-deliberates-potential-6-electricity-bill-increases
The Energy Minister, George Papanastasiou, addressed concerns about potential electricity bill hikes arising from the EAC's request to CERA to recover 6% of its 2024 expenses....
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/cera-proposes-reduced-electricity-increases-amidst-parliamentary-discussion
The head of Regulatory Energy Cyprus (Cera), Andreas Poulikkas, briefed the Parliament's Finance Committee on the latest proposals submitted by the Electricity Authority of Cyprus (EAC) for review. ...
https://knews.kathimerini.com.cy/en/news/is-dining-out-turning-luxurious
It's no secret that our favorite cafes and fast-food joints are becoming increasingly expensive, leaving a bitter taste in the mouths of consumers. The recent surge in prices, fueled by the relentless march of inflation, is reshaping our spending habits and challenging our wallets....
https://knews.kathimerini.com.cy/en/news/consumer-alerts-raised-over-potential-fuel-price-hikes
Konstantinos Karagiorgis, Director of the Consumer Protection Service, emphasized the importance of factual justification for price increases during an interview with CNA....
https://knews.kathimerini.com.cy/en/news/cypriot-farmers-protests-send-ripples-across-europe
The surge of farmers' fury has reverberated in a manner unprecedented for Brussels, the nerve center of European decision-making....
https://knews.kathimerini.com.cy/en/news/nicosia-ranks-17th-in-european-quality-of-life-–-beats-athens-at-27th
A recent survey by the European Commission reveals that Nicosia residents are overwhelmingly satisfied with their quality of life, with 86% expressing contentment.
...
https://knews.kathimerini.com.cy/en/business/2-january-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/putin-s-move-puts-uk-fish-and-chips-at-risk
In a potential crisis for fish and chip enthusiasts, Vladimir Putin's Russian government contemplates scrapping a long-standing agreement with the UK, raising concerns of food weaponization....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-2-91-surge-in-construction-material-prices
In 2023, the Construction Materials Price Index saw a 2.91% increase compared to 2022 in Cyprus....
https://knews.kathimerini.com.cy/en/business/anticipated-20-surge-in-orange-prices
Consumers are set to face a 20% surge in the price of oranges on supermarket shelves in the near future....
https://knews.kathimerini.com.cy/en/business/the-plague-of-the-cyprus-port-industry
Cyprus holds a pivotal role as a major trading hub and a crucial maritime center, leveraging its strategic geographical position and island status to foster maritime transport development. ...
https://knews.kathimerini.com.cy/en/news/economic-snapshot-3-9-rise-in-consumer-prices
The Harmonized Index of Consumer Prices showed a 1.9% increase in December 2023 compared to the same month in 2022, but experienced a 1.2% decrease compared to the previous month....
https://knews.kathimerini.com.cy/en/news/makis-keravnos-voices-concerns-over-geopolitical-developments
The global supply chain disruption and its economic impact on Europe and the world have raised concerns among Europeans....
https://knews.kathimerini.com.cy/en/comment/opinion/can-cyprus-withstand-yet-another-crisis
The recent Houthi attacks on commercial vessels navigating the Red Sea have triggered another disturbance in the intricate web of the global supply chain...
https://knews.kathimerini.com.cy/en/news/how-the-consumer-pocket-faces-a-perfect-economic-storm
The uncertainty and the intense upheavals in the global supply chain continue....
https://knews.kathimerini.com.cy/en/news/central-bank-chief-cautions-on-early-rate-cuts-amid-global-tensions
Central Bank Governor and European Central Bank (ECB) member Constantinos Herodotou stated that discussions regarding interest rate reductions are premature, given ongoing geopolitical conflicts and potential disruptions in the supply chain arising from tensions in the Red Sea....
https://knews.kathimerini.com.cy/en/news/ceo-predicts-price-drops-for-homes-over-500k-euros
In the latest property data, the real estate landscape in Cyprus paints a picture of continuous growth, particularly in the apartment sector. However, a closer look reveals a potential plateau in the high-end market, specifically for properties priced at 500 thousand euros and above....
https://knews.kathimerini.com.cy/en/news/keravnos-attends-brussels-ecofin-meeting
Minister of Finance Makis Keravnos is in Brussels to take part on Monday in the meetings of the Eurogroup and the EU Finance Ministers Council (ECOFIN)....
https://knews.kathimerini.com.cy/en/business/big-news-new-eu-data-rules-give-you-more-control
In a significant development, the European Union's Data Act officially came into force today, ushering in a new era for data access and privacy in the EU market. ...
https://knews.kathimerini.com.cy/en/news/houthi-strikes-send-prices-soaring-in-global-trade
In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....
https://knews.kathimerini.com.cy/en/news/lagarde-trump-clearly-a-threat-to-europe
According to a report in the Financial Times today, ECB President Christine Lagarde expressed concern over the potential re-election of Donald Trump as US president, stating that it is 'clearly a threat' to Europe based on his policies during his first term....
https://knews.kathimerini.com.cy/en/news/houthi-rebels-reject-us-maritime-shield-typhoon-aircraft-take-off-from-akrotiri
As the sun sets over the Akrotiri base in Cyprus, a celestial dance unfolds. Two pairs of Typhoon FGR4 aircraft, gracefully reported by British TV channels, take flight....
https://knews.kathimerini.com.cy/en/news/cyprus-real-estate-booms-in-q3-2023
Cyprus experienced a real estate boom in the third quarter of 2023, with housing prices soaring and a surge in demand from both domestic and foreign buyers, according to data released by the Central Bank of Cyprus (CBC) on Wednesday....
