https://knews.kathimerini.com.cy/en/news/turkey-s-defence-industry-to-go-it-alone
US Senator Robert Menendez says he is not worried about retaliation from Turkey after Washington imposed sanctions on Ankara, with officials in Turkey warning further development of their domestic defence industry could speed up as a result...
https://knews.kathimerini.com.cy/en/business/covid-19-to-disrupt-holiday-shopping-plans
https://knews.kathimerini.com.cy/en/news/turkey-shrugs-off-effect-of-sanctions-as-euco-looms
The intense consultations between European Union member-states on the bloc’s response to Turkish aggression in recent months are expected to continue until the 11th hour before the start of Thursday’s crucial leaders summit. ...
https://knews.kathimerini.com.cy/en/news/government-ups-rhetoric-against-auditor
The Cypriot government hinted over the weekend it might refer the auditor general to the Supreme Court over “indecent” behaviour, after the audit office published yet another damning report alleging offences in a Cabinet decision to grant investor passports to individuals linked to a casino project without meeting the criteria...
https://knews.kathimerini.com.cy/en/news/cyprus-experiencing-excessive-macroeconomic-imbalances
The European Commission said Wednesday that Cyprus continues to face excessive macroeconomic imbalances, particularly in view of the country’s very high percentage of non-performing loans that continue to plague the financial sector, but also in light of high private sector, government, and external debt....
https://knews.kathimerini.com.cy/en/news/eac-crucial-to-cyprus-energy-reform-energy-minister-says
The role of the Electricity Authority Cyprus is crucial to both the implementation of the energy reform in Cyprus and the joint effort for sustainable economic development, which must now be interconnected with green energy, energy minister Natasa Pilides said, addressing an online press conference during which the EAC presented its annual report for 2019.
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https://knews.kathimerini.com.cy/en/business/zara-s-online-store-in-cyprus-goes-live-today
Zara launches online sales in Cyprus today. With this launch, Zara is marking a new milestone in the steady expansion of its fully integrated store and online model across the universe of markets in which the Inditex Group does business....
https://knews.kathimerini.com.cy/en/business/ey-attractiveness-survey-cyprus-2020
EY Attractiveness Survey Cyprus 2020: Investors are optimistic about the country’s attractiveness over the coming years, but state that there is room for improvement...
https://knews.kathimerini.com.cy/en/business/ey-and-p-g-expand-covid-19-alliance
EY announces an expanded alliance with P&G to transform and build supply chain resilience during and beyond the COVID-19 pandemic...
https://knews.kathimerini.com.cy/en/news/eu-set-to-sanction-turkey-over-ships-in-disputed-east-med-exploration-area
The European Union is preparing sanctions against Turkey that could be discussed at the bloc's next summit on September 24 in response to the Eastern Mediterranean dispute with Greece, the EU’s top diplomat said on Friday.
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https://knews.kathimerini.com.cy/en/comment/opinion/buyer-s-market-and-herd-immunity
The most unhappy property buyers are the ones who believe that the real estate market is a Buyer’s Market and discover that in the end the market is anything but a buyer’s market...
https://knews.kathimerini.com.cy/en/business/largest-hotel-in-cyprus-reopens-its-doors
https://knews.kathimerini.com.cy/en/news/wars-over-imported-damaged-vehicles
Transport ministry officials are getting serious pushback from groups opposing a new guideline that would require car damage history to be disclosed to prospective buyers of used vehicles...
https://knews.kathimerini.com.cy/en/news/bill-sparks-kosher-debate-in-cyprus
Animal rights advocates are up in arms over a new government bill that would allow slaughterhouses in the Republic of Cyprus to incorporate kosher rituals, a procedure described by animal rights activists as inhumane...
https://knews.kathimerini.com.cy/en/news/coronavirus-derails-southern-europe-s-clean-up-from-the-last-crisis
This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of the financial crisis to rest. Then the coronavirus struck....
https://knews.kathimerini.com.cy/en/news/economic-sentiment-deteriorates-in-march-reflecting-covid-19-pandemic-initial-impact
https://knews.kathimerini.com.cy/en/news/new-decree-enforces-a-ban-on-car-sales-exempts-certain-groups-from-movement-ban
https://knews.kathimerini.com.cy/en/news/coronavirus-thrusts-cyprus-into-consumerist-frenzy
The coronavirus outbreak has brought on a widespread consumerist frenzy across the island. Market research by Kathimerini found that retailers saw a skyrocketing of sales to the tune of over 400% compared to the corresponding period last year, even surpassing sales during the Christmas period....
https://knews.kathimerini.com.cy/en/news/travel-agents-issue-sos-as-cancellations-mount
Cancellations and minimal new bookings have brought travel agents to “the brink of disaster”, the President of the Cyprus Association of Travel Agents, Vasilis Stamataris, said in a press conference on Wednesday....
https://knews.kathimerini.com.cy/en/news/greece-reports-fourth-covid-19-case-eurozone-says-ready-to-act
As health authorities confirmed the fourth case of coronavirus in Greece on Friday, the Greek government pressed forward with its drive to contain its spread. ...
https://knews.kathimerini.com.cy/en/business/economic-sentiment-in-cyprus-falls-in-february-due-to-weaker-business-confidence-in-services
In February 2020, economic sentiment in Cyprus deteriorated as the Economic Sentiment Indicator (ESI-CypERC) decreased by 0.7 points compared with January 2020....
https://knews.kathimerini.com.cy/en/business/insurers-need-profound-transformation-and-the-right-talent
As insurance industry growth remains stagnant for another year due to low interest rates, the shifts in consumer demographics around the world coupled with heightened expectations for digital experiences present insurers with risks and opportunities...
https://knews.kathimerini.com.cy/en/business/soaring-reviews-and-high-praise-for-the-all-new-nissan-juke
With its bold, sporty character and rebellious design, the next generation Nissan Juke Coupe Crossover earned high praise at its official unveiling event, where members of the Media had the exclusive opportunity to experience the latest addition to the Nissan model range
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https://knews.kathimerini.com.cy/en/news/fuel-targets-rehash-gas-price-debate
Consumers are crying foul over rising gas prices at the pump, with some resorting to crossing the checkpoints to fill up in the north as the government draws criticism for failing to meet EU energy goals...
https://knews.kathimerini.com.cy/en/business/gcc-achieves-high-customer-satisfaction
https://knews.kathimerini.com.cy/en/business/stepping-into-2020-limassol-del-mar-takes-shape
https://knews.kathimerini.com.cy/en/news/senate-approved-eastmed-on-trump-s-desk
US Congress’ approval of a spending package that includes the Eastern Mediterranean Security and Energy Partnership Act of 2019 signals a “new day in Greek-American relations,” said Senator Bob Menendez, one of the authors of the bipartisan legislation...
https://knews.kathimerini.com.cy/en/business/citr-cyprus-calls-for-modern-insolvency-rules
https://knews.kathimerini.com.cy/en/business/pwc-presented-its-new-publication-for-the-real-estate-and-land-development-sector
PwC Cyprus presented its publication on the Cyprus land development market, entitled "Cyprus Real Estate Market - First Half in Review", atan event held in Nicosia on 19 November...
https://knews.kathimerini.com.cy/en/news/trump-has-‘wonderful-meeting-with-erdogan
US President Donald Trump on Wednesday pushed Turkish President Tayyip Erdogan to walk away from the purchase of a Russian missile defense system, calling it a “very serious challenge” to bilateral ties, even though he described a meeting between the two leaders as “wonderful"...