https://knews.kathimerini.com.cy/en/news/cyprus-s-slow-ride-on-the-electric-car-bandwagon
We are slowly rushing towards zero-emission transportation. The data from new vehicle registrations indicate that while the numbers are increasing, the percentage of electric cars on Cypriot roads remains limited....
https://knews.kathimerini.com.cy/en/business/0-vat-rate-the-second-round
Almost two weeks after the zeroing of the tax rate on seven products (bread, eggs, milk, baby diapers, baby food, feminine hygiene products, and adult diapers), the Ministry of Finance and the Ministry of Commerce are in discussions regarding the next list of products that will have a low or reduced tax rate....
https://knews.kathimerini.com.cy/en/business/the-safety-of-distributors-is-under-the-microscope
Distributors of food delivery platforms continued to demand better working conditions three months after strikes began and consultations began to establish a framework of conditions....
https://knews.kathimerini.com.cy/en/business/high-prices-continue-to-plague-the-market
https://knews.kathimerini.com.cy/en/business/mep-s-pass-bill-banning-home-sales-or-rentals-without-energy-upgrade
All properties available for sale or rent must incur compulsory energy upgrade costs, costing tens of thousands of euros, from 2030 onward, based on what is stated in the relevant European Union directive....
https://knews.kathimerini.com.cy/en/business/digital-app-to-compare-product-prices-in-the-works
Following the withdrawal of the Household Basket proposal in Cyprus, the Consumer Protection Service is now promoting the preparation of a bill for the implementation of a digital tool that will enable the daily comparison of retail prices of products....
https://knews.kathimerini.com.cy/en/news/frozen-fish-and-flour-marked-a-substantial-price-increase
Frozen fish and flour recorded a high price increase, according to data published on Wednesday by the Consumer Protection Service of the Ministry of Energy, Commerce and Industry....
https://knews.kathimerini.com.cy/en/business/cabinet-approves-subsidies-to-fund-digital-business-upgrades
At today's Cabinet meeting, the Grant Scheme for "Digital Upgrading of Enterprises" was approved. This project is part of Cyprus's Recovery and Resilience Plan (RSP) for the years 2021-2026, and it will be funded by the European Union's (EU) Recovery and Resilience Mechanism (RRM)....
https://knews.kathimerini.com.cy/en/news/guarantor-wants-off-the-hook-over-old-bad-loan
Cyprus’ financial commissioner came to the rescue of a loan guarantor who says he should not have to pay anything because a former credit union had failed to send him default notices 'without delay' concerning non-payment by the primary beneficiary...
https://knews.kathimerini.com.cy/en/news/the-demand-for-new-homes-is-dwindling
The large investments and development projects mentioned by Minister of Transport and Works Yannis Karousos in his ministry's recent project presentation may have kept the construction and real estate sector afloat until 2022, but the industry still faces challenges....
https://knews.kathimerini.com.cy/en/comment/opinion/how-do-we-assimilate-immigrant-children-into-our-educational-system
As our great George Seferis would say, let's speak plainly. Today, in practice, how do we welcome a child who, for a variety of reasons, finds himself in a classroom where no one, or almost no one, speaks the same language as him, ...
https://knews.kathimerini.com.cy/en/news/social-media-campaigning-is-dominating-this-year-s-electoral-race
If this election differs from previous ones in any way, it is because the lion's share of the advertising pie has shifted to digital media, particularly social media, with Facebook and Instagram dominating in terms of the amount of advertising content given to them....
https://knews.kathimerini.com.cy/en/news/the-2023-budget-in-the-vortex-of-the-elections
The government of President Anastasiades has just submitted its final budget, for 2023. DISY will undoubtedly support the budget, but it will be interesting to see what position it will take if and when the polls are confirmed....
https://knews.kathimerini.com.cy/en/business/popular-hotel-chains-set-up-shop-in larnaca
The Accor Group, a major French hotel chain, recently made an official announcement about the opening of its first unit in Cyprus. ...
https://knews.kathimerini.com.cy/en/business/small-number-of-banks-meeting-new-loan-demand
The net demand for loans from businesses in Cyprus decreased in the third quarter of 2022, and banks anticipate a similar decline in the net demand for loans from businesses and households in all loan categories in the fourth quarter of 2022 compared to the third quarter.
...
https://knews.kathimerini.com.cy/en/business/who-benefits-from-the-proposed-rent-to-mortgage-scheme
The "Rent vs Instalment Scheme", now known as the "mortgage to rent" scheme, is nearing completion, with implementation set to begin in January 2023. ...
https://knews.kathimerini.com.cy/en/news/more-people-continue-to-seek-asylum-in-the-eu
A total of 66,545 first-time asylum applications for international protections were filed by non-EU citizens in the European states in July – 265 more than in the previous months, scoring an increase of 0.4 percent....
https://knews.kathimerini.com.cy/en/business/workplace-accidents-decreased-in-2020-but-severity-of-nearly-50-not-specified
In 2020, almost 2.7 million non-fatal work accidents resulted in workers being absent from work for four days or more in the EU, while 3,355 work-related accidents were fatal, according to data released by Eurostat, the European Union’s statistical service....
https://knews.kathimerini.com.cy/en/news/cyprus-on-‘very-good-track-to-innovation
The high scores of Cyprus in the field of innovation were stressed in the Digital Agenda Cyprus Summit 2022, which was held at Nicosia Municipal Theatre on Monday. Keynote speakers from various fields attended the conference and talked about issues pertaining to a world which is in the digitisation process...
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/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/lidl-cyprus-has-a-strong-presence-at-domestic-award-institutions
Lidl Cyprus received a total of sixteen awards in a wide range of business activity and innovation; notably at the impressive Cyprus HR Awards award ceremony, the Cyprus Responsible Business Awards and Cyprus Retail Excellence Awards as well as at the Cyprus BITE Excellence Awards....
https://knews.kathimerini.com.cy/en/news/increasing-electricity-costs-to-be-subsidized-by-the-government
A subsidy that will cover part of the increase in the price of electricity was hammered down during today's session by the Cabinet. As the Minister of Finance Constantinos Petridis stated, ...
https://knews.kathimerini.com.cy/en/news/fotiou-turkey-s-dmand-for-a-two-state-solution-impossible
"Achieving a solution that will permanently rid Cyprus of Turkish occupation and reunite Cyprus is what we should all work for," said Presidential Commissioner Fotis Fotiou,...
https://knews.kathimerini.com.cy/en/news/russia-will-default-on-its-debts-imminently-fitch-ratings-agency-has-warned
Russia will default on its debts 'imminently', a leading credit rating agency has warned, as sanctions over Ukraine continue to pummel the country's economy....
https://knews.kathimerini.com.cy/en/news/new-covid-action-plan-for-cyprus-airports-in-place-from-february-21
The Council of Ministers decided today that new measures regulating travelers arriving into Cyprus will take effect on February 21st instead of March 1st....
https://knews.kathimerini.com.cy/en/news/cypriot-exports-to-the-uk-were-not-affected-despite-brexit
Despite the significant decrease in imports from the United Kingdom as a result of Brexit, Cypriot exports, mainly of dairy products, have remained at the same levels,...
https://knews.kathimerini.com.cy/en/news/freedom-of-movement-within-the-eu-will-no-longer-be-regulated-by-country-of-origin
After calls to simplify COVID travel rules within the EU, EU Ministers meeting at the General Affairs Council in Brussels agreed on Tuesday that the three main criteria for travel within the EU will be vaccination status, covid test results or recovery certificates....
https://knews.kathimerini.com.cy/en/news/tsunami-from-tonga-volcano-eruption-leaves-trail-of-flood-damage
Tsunami waves caused by an undersea volcano have flooded the Pacific Island country of Tonga, where entire towns have been inundated with water and scientists warn the main island could be blanketed in volcanic ash....
https://knews.kathimerini.com.cy/en/business/npls-in-cyprus-decrease-€722-million-at-the-end-of-september
Α decrease of €722 million or 14.4% was recorded at the end of September 2021 in aggregate Non-Performing Loans (NPLs) compared with the end of June 2021, according to data released Friday by the Central Banks of Cyprus (CBC)....