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12° Nicosia,
23 July, 2024
 

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Displaying results 1-30 of 732 matches for query rates.

1. Apartment prices up 13.9% yearly, house price growth slows

https://knews.kathimerini.com.cy/en/news/apartment-prices-up-13-9-yearly-house-price-growth-slows

In the first quarter of 2024, house price growth showed a slight slowdown, while apartment prices continued to rise....

2. Coral sounds boost reef health, study shows

https://knews.kathimerini.com.cy/en/news/coral-sounds-boost-reef-health-study-shows

Researchers have discovered a novel method to help struggling coral reefs by using underwater speakers to play recordings of healthy corals. This approach could potentially restore vitality to degraded reefs....

3. ECB keeps interest rates steady amid mixed inflation signals

https://knews.kathimerini.com.cy/en/news/ecb-keeps-interest-rates-steady-amid-mixed-inflation-signals

The European Central Bank decided today to keep its key interest rates unchanged, as anticipated. This means the rates for main refinancing operations, marginal financing, and deposit facilities remain steady at 4.25%, 4.50%, and 3.75%, respectively....

4. Soaring insurance costs push global shipping rates up 233%

https://knews.kathimerini.com.cy/en/news/soaring-insurance-costs-push-global-shipping-rates-up-233

Global trade has faced immense pressure since last October when the war in the Near East erupted following the terrorist attack by the Palestinian group Hamas against Israel. ...

5. Jamie Dimon eyed for treasury secretary by Trump

https://knews.kathimerini.com.cy/en/news/jamie-dimon-eyed-for-treasury-secretary-by-trump

Former President Donald Trump stated in an interview with Bloomberg that he has no intention of removing Federal Reserve Chair Jerome Powell from his position before Powell's term concludes....

6. Are we in a real estate bubble?

https://knews.kathimerini.com.cy/en/comment/opinion/are-we-in-a-real-estate-bubble

The real estate market has been steadily rising since 2015, marking the ninth consecutive year of growth in the sector. However, this broad trend has not been without fluctuations, particularly influenced by the economic disruptions of the pandemic era. Monthly analyses of transaction numbers and volumes from this platform illustrate these ups and downs....

7. Cyprus boomed in 2022 with more jobs and better services

https://knews.kathimerini.com.cy/en/business/cyprus-boomed-in-2022-with-more-jobs-and-better-services

Cyprus saw a widespread boost in economic activity last year, according to the latest Services and Transport Survey by Cyprus' statistical agency....

8. Cyprus tourism faces €25 million Hit

https://knews.kathimerini.com.cy/en/business/cyprus-tourism-faces-€25-million-hit

The president of the Cyprus Hotel Association (PASYXE), Thanos Michaelides, has highlighted the urgent need to extend the tourist season and increase the number of year-round hotel operations. ...

9. Cyprus advances road safety with Intelligent Transport Systems

https://knews.kathimerini.com.cy/en/news/cyprus-advances-road-safety-with-intelligent-transport-systems

In a bid to modernize its main road network and bolster transport safety, Cyprus is rolling out state-of-the-art intelligent transport systems (ITS) across key routes. ...

10. Surge in corporate loans despite interest rate hike

https://knews.kathimerini.com.cy/en/business/surge-in-corporate-loans-despite-interest-rate-hike

The Central Bank of Cyprus has released its latest data revealing notable shifts in financial trends for May 2024. Despite a 0.52% uptick in lending rates for non-financial corporations borrowing amounts over €1 million, new loans to these entities surged by 10% compared to the previous month. ...

11. 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....

12. President announces €10 Million boost for Cyprus tourism

https://knews.kathimerini.com.cy/en/news/president-announces-€10-million-boost-for-cyprus-tourism

President Nikos Christodoulides announced a €10 million increase in the 2025 budget for the Deputy Ministry of Tourism to enhance Cyprus's international promotion....

13. Banks contribute over €854M in taxes amid controversy over proposed levy

https://knews.kathimerini.com.cy/en/news/banks-contribute-over-€854m-in-taxes-amid-controversy-over-proposed-levy

In the last seven years (2017-2023), Cypriot banks have collectively paid more than €854 million in income tax, special taxes, and VAT, according to a report by Panayiotis Rouglas in last Sunday's Kathimerini....

14. Why building a home is rare today

https://knews.kathimerini.com.cy/en/comment/opinion/why-building-a-home-is-rare-today

As discussed in our previous article, the housing landscape in our country is changing, with home ownership rates decreasing and aligning with the European average. ...

15. Rentals rise as home ownership trends change

https://knews.kathimerini.com.cy/en/comment/opinion/rentals-rise-as-home-ownership-trends-change

Around 20-25 years ago, Cyprus was renowned for having one of the highest rates of home ownership globally, with figures nearly reaching 78% - 80%, as per the data available then....

16. Paphos hoteliers face mixed bag of occupancy rates in June

https://knews.kathimerini.com.cy/en/news/paphos-hoteliers-face-mixed-bag-of-occupancy-rates-in-june

The hotel industry in Paphos province experienced a varied start to June, gradually improving as the month progressed, according to Euripides Loizides, President of the Paphos Hoteliers Association....

17. BBF announces the full sale of four Class A business centers in Cyprus in the past 12 months

https://knews.kathimerini.com.cy/en/news/bbf-announces-the-full-sale-of-four-class-a-business-centers-in-cyprus-in-the-past-12-months

BBF, Limassol’s top luxury residential developer, successfully sold out four Class A office buildings within the last year. Spanning a total area of approximately 20,000 sq. m., the full sale of bbf: latitude, bbf: liberty, bbf: benchmark, and bbf: summit solidifies BBF’s position as a leading name in Cyprus's commercial real estate market as well....

18. Standard & Poor’s upgrades Bank of Cyprus rating

https://knews.kathimerini.com.cy/en/news/standard-poor-s-upgrades-bank-of-cyprus-rating

Standard & Poor’s (S&P) has upgraded Bank of Cyprus’ long-term issuer rating to BB+, just one notch below investment-grade status, and assigned a positive outlook. This comes shortly after the upgrade of Cyprus’ long-term rating to BBB+, also with a positive outlook....

19. Cyprus cuts migrant arrivals by 50%, earns European praise

https://knews.kathimerini.com.cy/en/news/cyprus-cuts-migrant-arrivals-by-50-earns-european-praise

Cyprus continues to grapple with a significant migration challenge, a situation that has evolved into a complex and multifaceted issue. ...

20. Cyprus reforms are a comedy of errors in governance

https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-reforms-are-a-comedy-of-errors-in-governance

Following last Sunday's vote, the much-publicized local government reform will take effect on July 1. This, like many other reforms, has been carried out in typical Cypriot fashion. ...

21. Cyprus eyes market return with ten-year bond

https://knews.kathimerini.com.cy/en/news/cyprus-eyes-market-return-with-ten-year-bond

Cyprus is gearing up to re-enter the financial markets in the near future to capitalize on the recent positive momentum bolstering its economy....

22. Small homeless communities pop up in US cities

https://knews.kathimerini.com.cy/en/news/small-homeless-communities-pop-up-in-us-cities

In a dreary part of downtown Atlanta, shipping containers have been transformed into an oasis for dozens of previously unsheltered people who now proudly call a former parking lot home....

23. Job vacancies in Cyprus increase by 7.3% in Q1 of 2024

https://knews.kathimerini.com.cy/en/news/job-vacancies-in-cyprus-increase-by-7-3-in-q1-of-2024

Job vacancies in Cyprus rose by an annual 7.3% in the first quarter of 2024 whereas they rose by almost 10% compared with the fourth quarter of 2023....

24. Banks blame high interest rates for decline of new loans

https://knews.kathimerini.com.cy/en/news/banks-blame-high-interest-rates-for-decline-of-new-loans

Loan demand continued to fall in the first quarter of 2024, with banks blaming high interest rates for the decline. ...

25. Agency reports strong start to 2024, continues paying off state debt

https://knews.kathimerini.com.cy/en/news/agency-reports-strong-start-to-2024-continues-paying-off-state-debt

KEDIPES, Cyprus' state-owned asset management agency, announced a €144 million cash inflow for the first quarter of 2024. The agency also made a €140 million repayment to the state, bringing the total repayment to €1.3 billion since it started in September 2018....

26. CBC chief warns: Tax on big profits could hurt economy

https://knews.kathimerini.com.cy/en/business/cbc-chief-warns-tax-on-big-profits-could-hurt-economy

The new Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, expressed opposition to a windfall profits tax, which is a tax imposed by governments on companies that have experienced unexpectedly large profits,...

27. Disappointing voter turnout in Nicosia

https://knews.kathimerini.com.cy/en/news/disappointing-voter-turnout-in-nicosia

In today's election results, Nicosia saw the lowest voter turnout among all districts, marking a concerning trend in civic participation....

28. Cyprus inflation could offset ECB rate cut benefits

https://knews.kathimerini.com.cy/en/news/cyprus-inflation-could-offset-ecb-rate-cut-benefits

The European Central Bank (ECB) cut its three key interest rates by 25 basis points on Thursday, marking the first reduction after nearly two years of increases or stasis. ...

29. Concerns rise over potential voting issues in June 9 elections

https://knews.kathimerini.com.cy/en/news/concerns-rise-over-potential-voting-issues-in-june-9-elections

As the double election on June 9 approaches, concerns are growing about a potential increase in blank and invalid ballots, as well as significant voter abstention....

30. Cyprus leads Europe in prison overcrowding

https://knews.kathimerini.com.cy/en/news/cyprus-leads-europe-in-prison-overcrowding

Cyprus leads Europe in prison overcrowding and the percentage of female inmates, according to the Council of Europe’s Annual Penal Statistics on Prison Populations (SPACE I) for 2023, released Thursday....

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