https://knews.kathimerini.com.cy/en/business/global-jitters-hit-greek-bonds
Just days before Greece is to emerge from its international bailouts, upheaval in international markets took a toll on Greek bonds on Thursday, driving yields up above 4 percent....
https://knews.kathimerini.com.cy/en/news/cops-out-and-about-to-promote-seatbelts
This week’s road safety awareness campaign focuses primarily on the use of seat belts and child seats, all of which were contributing factors in recent fatal accidents...
https://knews.kathimerini.com.cy/en/news/officials-step-up-efforts-against-fires
Cypriot and European authorities are on the lookout for new wildfire threats, as two local fires on Saturday, one in the northwest and one in the southeast, were caused by human action...
https://knews.kathimerini.com.cy/en/business/unions-okay-with-ccb-severance-package
Union employees at Cyprus Cooperative Bank have agreed to sign up on a severance package plan this summer, ahead of a takeover by Hellenic Bank, saying it can contribute to labour peace...
https://knews.kathimerini.com.cy/en/business/greek-bank-deposits-rise-in-june-for-fifth-month-in-a-row
Greek bank deposits rose in June for a fifth consecutive month, increasing by 1.3 billion euros ($1.52 billion), central bank data showed on Wednesday....
https://knews.kathimerini.com.cy/en/comment/opinion/investing-in-knowledge
A growth rate of 1.9 percent is way too small for a country like Greece, especially as the rest of Europe’s performance is so much more robust. This is, after all, a country that shed 25 percent of its gross domestic product (GDP) in the course of a decade. What we should be seeing, therefore, is the effect of a tightly wound spring, whereby a virtuous cycle of growth begins and only gets faster with time. Instead, we’re hobbling along at 1.9 percent, the slowest rate an economy can achieve after hitting rock bottom....
https://knews.kathimerini.com.cy/en/news/moody-s-says-bank-of-cyprus-better-off-after-uk-sale
Rating Agency Moody’s has described the sale of Bank of Cyprus UK as credit positive, noting that the sale would place Bank of Cyprus in a better position to focus on reducing its domestic high stock of problematic loans...
https://knews.kathimerini.com.cy/en/news/cabinet-okays-homeowner-plan-ahead-of-crucial-house-session
The Cabinet approved on Tuesday the “Estia” scheme aimed at addressing the high volume of non-performing loans in the Cypriot banking sector, but time is running out as a crucial legislation package on bad loans is also up for a vote on Friday...
https://knews.kathimerini.com.cy/en/news/cyprus-jobless-drop-in-may-biggest-in-the-eu
Cyprus recorded the largest unemployment drop in the European Union for May 2018, dropping to 8.4% from 8.6% the previous month...
https://knews.kathimerini.com.cy/en/news/nd-tsipras-s-delusions-delayed-debt-deal-by-four-years
Commenting on the debt deal for Greece secured at the Eurogroup summit early on Friday, conservative New Democracy said that agreement could have been achieved in 2015 if Alexis Tsipras, then opposition leader, had not been "peddling his delusions on the backs of Greek citizens."...
https://knews.kathimerini.com.cy/en/life/mediterranean-diet-is-falling-out-of-favour-with-southern-europeans
Recent data found that in Italy, Cyprus, Spain, Malta, Greece and San Marino, one in five boys were obese...
https://knews.kathimerini.com.cy/en/business/cyprus-forecasts-high-gdp-growth-of-3-plus-until-2021
High growth rates exceeding 3% of the GDP and high primary surpluses are projected until the year 2021 in the Strategic Fiscal Policy Framework (SFPF) 2019-2021, which was approved by the cabinet...
https://knews.kathimerini.com.cy/en/business/cyprus-has-lowest-annual-inflation-in-the-eu
Cyprus registered the lowest annual inflation in the European Union for April 2018, with a rate of -0.3%, according to Eurostat....
https://knews.kathimerini.com.cy/en/business/cyprus-gdp-grows-by-0-8-in-the-first-three-months
Bailed out eurozone member Cyprus notched up its 13th consecutive quarter in positive growth with GDP rising 0.8 percent in the first quarter, an official estimate showed...
https://knews.kathimerini.com.cy/en/life/are-britons-really-bothered-about-royal-wedding
There is no doubt that the wedding of Prince Harry, Queen Elizabeth’s grandson and sixth-in-line to the throne, and Hollywood actress Markle, star of TV drama “Suits”, has the media transfixed...
https://knews.kathimerini.com.cy/en/business/bank-of-england-keeps-powder-dry-on-rate-rise
The Bank of England held interest rates and said weak growth during a snowy start to 2018 was likely to be only temporary, but it wanted to see a pick-up in the economy in the next few months before raising borrowing costs...
https://knews.kathimerini.com.cy/en/news/house-halts-medical-cannabis-bill-due-to-recent-crimes
Members of the House are turning against a medical marijuana bill, citing recent horrific crimes on the island and fears they may be linked to the use of cannabis. But studies suggest that decriminalisation has actually helped violent crime rates drop considerably....
https://knews.kathimerini.com.cy/en/business/ebrd-more-upbeat-about-cyprus-growth-rate
The European Bank for Reconstruction and Development has revised significantly its projection for Cyprus’ economic growth rate this year, in the context of a wider upward revision of its forecasts for the EBRD regions...
https://knews.kathimerini.com.cy/en/business/experts-says-cyprus-economy-to-grow-by-3-8-this-year
The Cypriot economy will pick up momentum in 2018, the University of Cyprus’s Economic Research Centre predicts, upgrading its growth forecast to 3.8% compared with its previous projection of 3.6%.
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https://knews.kathimerini.com.cy/en/business/eu-sees-strong-growth-as-unemployment-declines
The Commission foresees a "strong growth momentum continuing" in the coming years, but warned of risks widening...
https://knews.kathimerini.com.cy/en/news/russian-tourist-arrivals-expected-to-drop-this-year
Holiday reservations appear to be down this time of the year but experts believe things could be on the upswing again, even as Russian arrivals in Cyprus take a hit due to competition from Turkey...
https://knews.kathimerini.com.cy/en/business/cyprus-registers-biggest-dip-in-unemployment-in-eu
Cyprus recorded the EU's largest annual dip in unemployment in March, from 12.3% to 9.1% followed by Greece (23.2% to 20.6%, Croatia (11.8% to 9.4%) and Portugal (9.7% to 7.4%), according to Eurostat...
https://knews.kathimerini.com.cy/en/news/poor-dietary-habits-among-cypriot-children-linked-to-obesity
A new study shows that obesity rates among children in Cyprus are the highest in Europe, showing preference in fatty foods and low desire for physical activity...
https://knews.kathimerini.com.cy/en/comment/opinion/don-t-get-caught-up-in-the-east-med-energy-hype
It is tempting for resource-poor countries to overestimate the promise of newly discovered hydrocarbon resources, particularly in times of need...
https://knews.kathimerini.com.cy/en/comment/hypocrisy-over-defence-spending
Beyond the competition that has always existed between France and Germany in this field, Greece is being accused of spending European taxpayers’ money on a shopping spree...
https://knews.kathimerini.com.cy/en/business/business-cooperation-at-the-heart-of-moscow-nicosia-partnership
The two countries have common cultural and religious traditions, mutual trust and support, and one of the pillars of their partnership is business ties...
https://knews.kathimerini.com.cy/en/business/buying-greek-property-makes-sense
Investor confidence in the real estate market’s prospects and the notion that prices have completed their downward cycle has prompted more property acquisitions...
https://knews.kathimerini.com.cy/en/news/cyprus-granted-protection-status-to-1300-asylum-seekers-last-year
Of the 175,800 Syrian citizens granted protection status in the EU, more than 70% received protection status in Germany...
https://knews.kathimerini.com.cy/en/business/imf-projects-cyprus-gdp-growth-to-exceed-4-in-2018-19
According to the forecasts included in the WEO, based on previous assessments, the Cypriot economy is expected to record a growth rate of 3.6% in 2018 and 3% in 2019 - lower than last year's 4% and the IMF prediction...
https://knews.kathimerini.com.cy/en/life/only-two-out-of-ten-babies-in-cyprus-born-outside-of-marriage
Cyprus has seen a huge rise in babies born outside of wedlock since the turn of the century with an eight-fold increase from 2.3% in 2000 to 19.1%...