https://knews.kathimerini.com.cy/en/news/bank-deposits-climb-to-a-nine-year-high
Deposits in the Cypriot banking system climbed to a nine-year high in September, while total loans continued their downward path, declining in a five-month low, boosting liquidity in the system to over €23 billion....
https://knews.kathimerini.com.cy/en/business/october-newsletter-of-k-treppides-co-ltd-european-banking-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/boris-johnson-or-rishi-sunak-expected-to-be-uk-s-next-prime-minister
Boris Johnson and his former finance minister Rishi Sunak were leading potential contenders to replace British Prime Minister Liz Truss on Friday, with candidates canvassing support to become Conservative Party leader in a fast-tracked contest....
https://knews.kathimerini.com.cy/en/news/cyprus-annual-inflation-rate-at-9-0-lower-than-eu-s-9-9
The euro area's annual inflation rate was 9.9% in September 2022, up from 9.1% in August and up from 3.4% a year earlier, according to figures published by Eurostat, the statistical office of the European Union....
https://knews.kathimerini.com.cy/en/business/youth-unemployment-in-cyprus-in-2021-at-14-2-compared-to-13-across-the-eu
The youth (people aged 15–29 years) unemployment rate in the European Union fell to 13.0% in 2021, from 13.3% in 2020, according to data released by Eurostat, the statistical service of the European Union....
https://knews.kathimerini.com.cy/en/business/petrides-we-will-not-impose-new-fuel-taxes
Finance Minister Constantinos Petrides stated that no new fuel taxes will be imposed, an obligation that should be met by the end of the year....
https://knews.kathimerini.com.cy/en/news/why-is-simple-so-complex-will-robots-take-over-my-job
This year's Digital Agenda Summit did not disappoint. Speakers from all parts descended on Nicosia to present their views on technology, AI, generation 'Z', our future work environment, the changes to our health management and where we are heading in the future....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-common-label-to-better-market-products
The new label and logo 'Cyprus made, Unique by origin' were presented by Energy Minister Natasa Pilides on Monday during the opening of the Industry Week fair...
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-‘we-don-t-need-women-to-behave-like-men
Nanna-Louise W. Linde is the vice president for European Government Affairs at Microsoft. An imposing presence, former model and mother of three, her life looks like something out of an episode of the Netflix series “Borgen” – she is Danish after all....
https://knews.kathimerini.com.cy/en/news/covid-almost-2800-cases-reported-last-week
Cyprus announced two deaths due to COVID-19 with 2,759 new cases detected from 7-13 October....
https://knews.kathimerini.com.cy/en/news/cyprus-ranks-high-in-childhood-obesity
Cyprus is one of the top countries with a very high rate of childhood obesity, according to a report presented to the Parliamentary Health Committee on Thursday....
https://knews.kathimerini.com.cy/en/news/imf-predicts-a-return-to-fiscal-surpluses-for-cyprus-following-the-pandemic
Cyprus’ public finances will return to surpluses in 2023 which will continue until 2027, the IMF said in its Fiscal Monitor 2022 issued on Wednesday....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-cyprus-is-bursting-like-a-fat-guy-out-of-his-leotard
Cyprus’ changing demographics are causing havoc to the real estate market, accentuating socio-economic imbalances and creating polarised communities. A bit dramatic? Let’s see....
https://knews.kathimerini.com.cy/en/business/the-ecb-s-next-steps-were-documented-in-limassol
The two-day conference of Central Bank Governors in Limassol is a strong contender to serve as the foundation for decisions on monetary policy and inflation strategy to be made in the coming period.
...
https://knews.kathimerini.com.cy/en/news/kathimerini-poll-christodoulides-unaffected-by-electoral-pressure
The countdown to the presidential elections has begun, and the Symmetron poll for Kathimerini reveals the critical issues that define the political environment. ...
https://knews.kathimerini.com.cy/en/news/overall-death-rates-from-covid-to-be-much-lower-this-winter-says-ecdc
High transmission rates with a low death rate compared to previous waves of the pandemic, is what the models developed by the European Center for Disease Prevention and Control (ECDC) project, according to the organization's director, Dr. Andrea Ammon....
https://knews.kathimerini.com.cy/en/news/the-future-of-the-banking-sector-is-digital-green-and-social
The future of the banking sector is digital, green and social, said the participants at the 3rd online FMW Conference, titled "Banking System: New Challenges and Opportunities". The Conference also highlighted the contrast between trying to tame inflation by raising interest rates and supporting vulnerable groups to avoid social unrest....
https://knews.kathimerini.com.cy/en/news/energy-poverty-the-nightmare-that-everyone-is-attempting-to-alleviate
"Energy poverty is a major social issue with a direct impact on health that affects approximately 54 million Europeans. High energy prices, low incomes, and damp, unhealthy homes with poor insulation all contribute to higher rates of energy poverty," according to a statement published on the website of the European Committee of Regions on June 2019....
https://knews.kathimerini.com.cy/en/business/loan-interest-rates-rise-for-a-second-consecutive-month
Lending interest rates in Cyprus rose for a second consecutive month in August, with credit institutions pricing rate hikes by the European Central Bank and increased credit risk due to uncertainty and inflation pressures fuelled by the war in Ukraine....
https://knews.kathimerini.com.cy/en/business/global-fintech-market-resilient-in-h1-22-$107-8-billion-in-investment-according-to-kpmg-s-pulse-of-fintech
Global fintech investment declined from $111.2 billion in H2’21 to $107.8 billion in H1’22, but remained remarkably resilient compared to historical trends given the challenges affecting the broader investment market, including geopolitical uncertainty, growing inflation, and increasing interest rates. ...
https://knews.kathimerini.com.cy/en/news/denmark-half-of-the-gas-from-the-two-nord-stream-pipelines-has-already-leaked
More than half of the gas contained in the pipelines at the bottom of the Baltic Sea in which unexplained explosions occurred earlier this week has now leaked, Denmark's Energy Agency said on Wednesday....
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/business/majority-of-tourists-visiting-cyprus-are-no-longer-russian
In June 2021 at the 43rd conference of the Pancyprian Hoteliers Association, it may have been the first time it was officially made clear that the markets of Russia and Britain will no longer be a one-way street for the Cypriot tourism industry....
https://knews.kathimerini.com.cy/en/business/cypriot-businesses-face-serious-issues-but-still-expect-to-turn-a-profit
What are the main problems for Cypriot businesses (table)
...
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/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/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/self-employed-more-at-risk-of-poverty-in-cyprus-and-eu-in-2021
In 2021, almost a quarter (23.6%) of all self-employed people aged 18 years and over in the EU were at risk of poverty and social exclusion....
https://knews.kathimerini.com.cy/en/news/netflix-airs-film-on-cypriot-utopian-prison
The highly-anticipated NETFLIX documentary on Cyprus’ central prison aired this week, with the star of the series showing disbelief at the 'utopian' penitentiary that went from suicides to weddings under the direction of a reformist warden...
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....
