https://knews.kathimerini.com.cy/en/news/registered-jobless-numbers-drop-in-may-indicating-declining-unemployment
According to data from the Provincial Labour Offices, the number of registered unemployed individuals at the end of May 2023 decreased to 10,357 persons, marking a decline compared to both the previous month and May of the previous year....
https://knews.kathimerini.com.cy/en/news/finmin-underlines-the-importance-of-disciplined-policy
The contact circle with the banks has not been completed, and there will be a new one to adopt measures that will provide relief to borrowers regarding the increased interest rates....
https://knews.kathimerini.com.cy/en/news/ai-driven-job-losses-surge-marking-a-disturbing-trend
Almost 4,000 people who were laid off in May lost their jobs because of artificial intelligence, and it's the first time AI has been listed in the monthly report from Challenger, Gray, and Christmas....
https://knews.kathimerini.com.cy/en/news/strong-occupancy-rates-over-long-weekend-translates-into-thriving-leisure-sector
Occupancy in leisure businesses throughout Cyprus ranged from 75% to 80% during the Pentecost long weekend, known in Cyprus as Kataklysmos (Inundation), according to the Federation of Recreation Centres (OSIKA)....
https://knews.kathimerini.com.cy/en/news/imf-says-cyprus-untouched-by-war-fallout
The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...
https://knews.kathimerini.com.cy/en/business/techisland-and-mercer-join-forces-to-revolutionize-tech-industry-compensation-in-cyprus
A new era for the booming Tech Industry...
https://knews.kathimerini.com.cy/en/news/new-plan-to-safeguard-vulnerable-groups-homes-nears-approval
The Director of the Press Office of the President of the Republic, Victor Papadopoulos, announced that a new plan to safeguard the first homes of vulnerable groups in Cyprus is on the horizon. ...
https://knews.kathimerini.com.cy/en/news/cyprus-talks-up-island-s-shipping-to-india-officials
Deputy Minister for Shipping Marina Hadjimanolis described the shipping sector as an invaluable asset for Cyprus, stating her determination to further strengthen Cyprus' position in global shipping...
https://knews.kathimerini.com.cy/en/news/cyprus-gdp-soars-3-4-growth-in-q1-2023
Gross Domestic Product (GDP) in the first quarter of the year reached 6.2 billion euros, marking a 3.4% annual increase....
https://knews.kathimerini.com.cy/en/news/government-takes-bold-steps-towards-inclusion-of-disabled-persons
The government is focused on developing a new national strategy for disability, aiming to enhance the integration and well-being of persons with disabilities. ...
https://knews.kathimerini.com.cy/en/business/minister-calls-for-duty-free-halloumi-exports-to-australia
Minister for Agriculture Petros Xenophontos participated in the Agriculture and Fisheries Council of the EU on Tuesday, where he participated in discussions regarding the state of the agricultural market in the EU as well as trade with Ukraine.
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https://knews.kathimerini.com.cy/en/business/why-are-food-prices-so-high-in-europe
It is the most basic of staple food items: sliced white bread. In Britain, the average price of a loaf was 28 percent higher in April, at 1.39 pounds, or $1.72, than it was a year earlier....
https://knews.kathimerini.com.cy/en/news/eu-envoy-a-modern-european-approach-says-letymbiotis
The proposal for the appointment of a special envoy from the EU for the Cyprus issue is a modern European proposal that can change the EU's relations with Turkey and solve a longstanding problem, ...
https://knews.kathimerini.com.cy/en/news/cyprus-and-china-discuss-tourism-cooperation
Deputy Minister of Tourism of Cyprus, Kostas Koumis, and Vice Minister of Culture and Tourism of China, Li Qun exchanged on Monday ideas, views and suggestions, during a meeting at the Ministry of Tourism, in Nicosia, in a bid to further strengthen the cooperation between Cyprus and China in the tourism sector...
https://knews.kathimerini.com.cy/en/business/3-may-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/cyprus-committed-to-bearing-cost-of-sanctions-on-russia
Cyprus said on Thursday it was committed to upholding European Union sanctions on Russia over its invasion of Ukraine and urged the bloc to support sectors, such as shipping, that have felt the impact of EU decisions...
https://knews.kathimerini.com.cy/en/news/usa-child-labor-seen-as-solution-to-labor-shortage
Lawmakers in several states, predominantly Republicans, are pushing for legislation that would relax labor laws for children, allowing them to work in more hazardous occupations, longer hours on school nights...
https://knews.kathimerini.com.cy/en/news/cyprus-resolute-on-natural-gas-plans-despite-geopolitical-reactions
Minister of Energy, George Papanastasiou, affirmed Cyprus' commitment to proceed with its plans for transporting natural gas from the region, both for domestic electricity generation and for liquefied natural gas (LNG) exports, despite geopolitical reactions....
https://knews.kathimerini.com.cy/en/news/nicosia-looks-forward-to-hosting-next-3-1-summit
During a reception held by the Embassy of Israel in Nicosia to commemorate Israel's 75th independence anniversary, Cyprus's Defense Minister, Michalis Giorgallas, expressed that Nicosia eagerly looks forward to hosting the next political level 3+1 meeting involving Cyprus, Greece, Israel, and the USA before the year's end. Additionally, Cyprus plans to host the 9th Cyprus, Greece, and Israel Trilateral Summit in 2023....
https://knews.kathimerini.com.cy/en/business/the-controversial-e-kalathi-bill-house-and-stakeholders-remain-unconvinced
The e-kalathi bill fails to convince the House and stakeholders. Yesterday, the Commerce Committee of the House of Representatives held discussions on the matter, with Minister of Energy, Commerce, and Industry George Papanastasiou present....
https://knews.kathimerini.com.cy/en/business/eba-tightens-its-grip-in-response-to-sanctions
Following the uproar caused by the lists of sanctions issued by the US, UK, and European authorities, the European Banking Authority (EBA) is tightening its standards in response. ...
https://knews.kathimerini.com.cy/en/news/christodoulides-shift-allowances-and-overtime-compensation-from-2024
President Nikos Christodoulides addressed the 60th Congress of PASYDY, the Civil Servants' Trade Union, where he discussed significant developments regarding the restoration of shift allowances and overtime compensation for civil servants....
https://knews.kathimerini.com.cy/en/news/cyprus-favors-sanctions-while-taking-jab-at-turkey
Cypriot Foreign Minister Constantinos Kombos has accused Turkey of shunning Europe’s sanctions against Russia, while also expressing his own country’s support for a 'proper implementation' of measures amid reports that Athens cried foul over Kiev’s proposal to blacklist Greek companies...
https://knews.kathimerini.com.cy/en/news/kyriakides-our-goal-now-medicines-for-all
"I have always envisioned a European Health Union, where the European Union would be intimately connected to every citizen regarding health matters....
https://knews.kathimerini.com.cy/en/business/2-may-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/us-publishes-new-sanctions-list-with-cypriot-entities-raises-concerns
In a recent development, the United States released a new sanctions list on Friday (19/05), which includes the names of several Cypriot citizens and entities....
https://knews.kathimerini.com.cy/en/news/france-24-the-dark-side-of-higher-education-in-occupied-cyprus
According to a report from France 24, education has become the leading economic sector in occupied Cyprus. ...
https://knews.kathimerini.com.cy/en/news/christodoulides-i-am-not-here-to-cover-for-anyone
"I am not here to cover for anyone," President Nicos Christodoulides emphasized during discussions on the new sanctions lists from the UK and the US....
https://knews.kathimerini.com.cy/en/business/cbc-urges-banks-to-embrace-transformation-for-sustainablefuture
Constantinos Herodotou, Governor of the Central Bank of Cyprus, emphasized the need for Cypriot banks to seize the current favorable circumstances and address impending challenges during his speech at the 2023 ICPAC Mediterranean Finance Summit held in Limassol on Thursday....
https://knews.kathimerini.com.cy/en/comment/opinion/sanctions-have-exposed-our-hypocrisy
The initial wave of sanctions, enforced by the UK and the US against Cypriot entities (individuals, law firms, service companies) for facilitating transactions to those impacted by the sanctions imposed on Russia following the invasion of Ukraine,...
