https://knews.kathimerini.com.cy/en/news/kyriakides-increased-cancer-screening-in-the-eu-imperative
A proposal for a new cancer screening system, which seeks to improve the early detection of cancer, was presented today by Health Commissioner Stella Kyriakides on behalf of the Commission....
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/news/job-vacancies-up-by-an-annual-50-in-cyprus
Job vacancies in the Cypriot labor market rose by 3,716 or by 50.2% in the second quarter of 2022 with the job vacancy rate amounting to 2.7%....
https://knews.kathimerini.com.cy/en/business/ecb-hikes-up-interest-rates-75-basis-points-to-1-25
The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday and signalled further hikes, prioritising the fight against inflation even as the bloc's economy is heading for a likely winter recession....
https://knews.kathimerini.com.cy/en/news/germany-to-revise-immigrant-laws-to-allow-more-skilled-migrant-workers
In the coming months, the German Ministry of Labor will come forward with a proposal to the federal government to introduce a new immigration option for skilled foreigners....
https://knews.kathimerini.com.cy/en/business/banks-imposing-stricter-lending-standards
Cyprus banks have tightened credit standards in the second quarter of 2022, while net new lending demand subsided, reflecting the geopolitical tensions and the uncertainty in the global economic environment, the Central Bank of Cyprus Bank Lending Survey for Q2 says....
https://knews.kathimerini.com.cy/en/business/euro-dollar-exchange-falls-to-a-20-year-low
The escalation of the energy crisis with Moscow's aggressive, albeit predictable, decision to close the Nord Stream 1 pipeline indefinitely has led to a new fall in the euro, this time below 99 cents on the dollar....
https://knews.kathimerini.com.cy/en/news/cyprus-and-spain-to-collaborate-on-organ-transplants
The rate of organ donation in Cyprus remains very low compared to other European countries, Health Minister Michael Hadjipandela said on Thursday, adding that 173 transplants from living donors and 80 from posthumous donors have been carried out in Cyprus since 2011....
https://knews.kathimerini.com.cy/en/life/the-first-ever-underwater-civil-wedding-in-alonissos
The first organized underwater civil wedding took place in Alonissos on Monday 29 August at the initiative of the Municipality....
https://knews.kathimerini.com.cy/en/news/deposits-and-loans-decrease-in-july
In July 2022, total deposits reached €51.2 billion and total loans €28.6 billion, recording a net decrease, compared to June. This is what data on Monetary and Financial Institutions' deposits and loans show,...
https://knews.kathimerini.com.cy/en/news/what-is-causing-the-unexpected-drop-in-global-food-prices
Six months after Russia's invasion of Ukraine, the inflationary shock is still causing a "headache" for markets, government staff and households, with the price of natural gas hitting new record levels yesterday....
https://knews.kathimerini.com.cy/en/news/euro-at-new-20-year-low-against-the-us-dollar
The euro slipped to a new twenty-year low due to fears of increased inflationary pressures and an impending recession in Europe as a result of the energy crisis....
https://knews.kathimerini.com.cy/en/news/cyprus-unemployment-rate-at-6-8-in-2nd-quarter-of-2022
The unemployment rate in Cyprus was 6.8% of the labor force in the 2nd quarter of 2022, recording a decrease of 1.6% compared to the corresponding quarter of 2021....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-now-is-a-good-time-to-follow-the-simple-rule-of-28-36
Rising prices have been a major topic of discussion over the past few weeks. In essence, however, little can be done by individuals to mitigate the effects of rising fuel and commodity prices on a global scale....
https://knews.kathimerini.com.cy/en/news/eu-states-facilitating-employment-of-third-country-nationals-to-ease-labor-shortage
The European Union’s population is aging. The factors behind this phenomenon are many, but the declining fertility rates and the increased life expectancy, along with migration to countries like the United States, the United Kingdom, Canada, and Australia, are the main ones....
https://knews.kathimerini.com.cy/en/business/turkish-inflation-surges-to-nearly-80
Turkish inflation rose to a fresh 24-year high of 79.6% in July, data showed on Wednesday as the lira’s continued weakness and global energy and commodity costs pushed prices higher, though the price rises came out below forecasts....
https://knews.kathimerini.com.cy/en/news/deposit-interest-rates-remained-close-to-zero-levels-in-june
Deposit interest rates remained at close to zero levels in June with lending rates showing small variations, according to data released on Tuesday by the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-benefits-in-kind
There are a number of commercial benefits that come with registering the property in the name of a legal entity rather than as an individual e.g. for asset protection purposes as it provides protection against personal insolvency since a property that is in the name of a legal entity should not be affected should the individual becomes personally insolvent....
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-5-with-further-rate-hikes-on-the-horizon
The European Central Bank (ECB) increased interest rates by more than expected on Thursday, raising its benchmark deposit rate by 50 basis points to zero percent, impacting the Cyprus banking system and local borrowers....
https://knews.kathimerini.com.cy/en/news/italy-s-pm-resigns-spelling-trouble-for-europe
Italian prime minister Mario Draghi has resigned, ending a national unity government formed to tackle unpopular reforms and spelling trouble for Europe at a time of acute economic challenges....
https://knews.kathimerini.com.cy/en/news/putin-will-restart-gas-pipeline-to-europe-but-with-conditions
Russian President Vladimir Putin signaled that Europe will start getting gas again through a key pipeline, but warned that unless a spat over sanctioned parts is resolved, flows will be tightly curbed....
https://knews.kathimerini.com.cy/en/news/kyriakides-eu-states-must-take-preventive-steps-to-deal-with-covid-19-in-the-fall
In a letter to each of the 27 EU member states, Stella Kyriakides called on their respective Health Ministers to take preemptive measures in preparation for the autumn season with regard to the coronavirus pandemic, which may include the administration of newly adapted vaccines against the Omicron variant, given the recent increase in Covid cases in the European Union.
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https://knews.kathimerini.com.cy/en/news/cabinet-appointment-signals-gesy-wars-not-over
All hell broke loose this week in the health sector of the Republic of Cyprus, after a heart doctor not liked by unions was given a seat on the board of the Health Insurance Organization, signaling core debates about whether the state should stick to uniform rules or expand its single-payer philosophy...
https://knews.kathimerini.com.cy/en/news/eac-electricity-rates-to-be-increased-by-24
The Cyprus Electricity Authority's pricing plans are expected to be approved by the Cyprus Energy Regulatory Authority in the coming days, EAC spokesperson Christina Papadopoulou told CNA on Tuesday....
https://knews.kathimerini.com.cy/en/news/eu-recommends-second-covid-booster-for-over-60s
European Union health agencies on Monday recommended a second Covid-19 booster for everyone above 60 amid a new rise in infections and hospitalizations across Europe....
https://knews.kathimerini.com.cy/en/business/a-total-of-€362-9-million-euros-in-new-loans-recorded-in-may
A total of €362.9 million euros in new loans were recorded in May, according to data released by the Central Bank of Cyprus on Tuesday. The increase in new loans is mainly due to both an increase in loans for over €1 million and loans for the purchase of homes....
https://knews.kathimerini.com.cy/en/news/herodotou-interest-rates-should-be-increased-gradually
The Governor of the Central Bank of Cyprus, Constantinos Herodotou, said he was in favor of the ECB gradually increasing key interest rates while keeping its options open, stressing that the European Central Bank should consider the impact of each increase and act accordingly....
https://knews.kathimerini.com.cy/en/news/eu-leaders-tackle-inflation-energy-shocks-from-russia-s-war
A day after endorsing Ukraine’s candidacy to join the European Union, the bloc’s leaders turned their attention Friday to the severe economic turbulence looming over the coming months as the full impact of Russia’s war sinks in and the threat of recession rises....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-what-is-turkey-up-to
This summer, for the first time in many years, the omens concerning Greek-Turkish relations are particularly gloomy. There are many objective reasons why Turkey causing a heated incident is not the most likely scenario;...
https://knews.kathimerini.com.cy/en/news/wooing-migrant-millionaires
Greece is becoming a top destination for wealthy migrants, as it is expected to welcome 1,200 “millionaire immigrants” this year....
