https://knews.kathimerini.com.cy/en/business/average-gross-earnings-increased-by-6-8-in-q1-of-2022
The average gross monthly earnings of employees during the first quarter of 2022, amounted to €2,019 compared to €1,891 during the first quarter of 2021, recording an increase of 6.8%, according to data published, on Wednesday, by the Cyprus Statistical Service....
https://knews.kathimerini.com.cy/en/news/retail-trade-in-the-grip-of-inflation
The market is under intense pressure due to the inflationary trends of recent months with consumers appearing hesitant on their trips to retail stores. More shoppers are looking for special offers and refraining from impulsive buys....
https://knews.kathimerini.com.cy/en/business/public-world-premiere-of-the-gt4-eperformance-at-the-festival-of-speed
The all-electric Porsche GT4 ePerformance has begun its world tour at the internationally-renowned Goodwood Festival of Speed. The tour is intended to highlight the potential of the vehicle concept and the associated racing formats....
https://knews.kathimerini.com.cy/en/news/consumer-confidence-in-the-economy-deteriorates-in-june
The economic sentiment in Cyprus deteriorated in July, pushed downwards by weaker business confidence in services, industry and retail trade....
https://knews.kathimerini.com.cy/en/news/petroleum-product-sales-up-by-34-oil-reserves-down-by-17-1
Total sales of petroleum products increased by 34% on an annual basis in May 2022, while total petroleum reserves decreased by 17.1% (18,020 tons) at the end of May 2022, compared to the end of May 2021....
https://knews.kathimerini.com.cy/en/news/greece-s-karagiannis-appointed-to-coordinate-final-stage-of-local-governement-reform
The Director-General of the Central Union of Municipalities of Greece, Yiannis Karagiannis, has been appointed as the expert to coordinate the provision of Greek expertise to the Republic of Cyprus for the implementation of the final stage of local government reform....
https://knews.kathimerini.com.cy/en/news/mitsotakis-ready-to-respond-to-turkish-claims-at-madrid-nato-summit
Prime Minister Kyriakos Mitsotakis is heading to the upcoming NATO summit with the text of the conclusions of the European Council in his briefcase which calls on Turkey to stop making threats against Greece and to move on a de-escalation trajectory....
https://knews.kathimerini.com.cy/en/news/president-formally-appoints-new-labour-minister-deputy-minister-and-director-of-his-office
The appointment ceremony of the new Minister of Labour and Social Insurance Kyriacos Koushos, the new Deputy Minister to the President, Petros Demetriou and the new Director of the President's Office Pantelis Pantelides took place on Monday at the Presidential Palace, in the presence of the President of the Republic Nicos Anastasiades....
https://knews.kathimerini.com.cy/en/news/tourism-stages-comeback-despite-losses-from-russian-market
Tourist arrivals in Cyprus during May increased significantly compared to the same month of 2021, however, they were still lower compared to May 2019 and with obvious losses from the Russian and Ukrainian markets....
https://knews.kathimerini.com.cy/en/news/lawmakers-approve-private-police-along-green-line
The parliament in the Republic of Cyprus has approved legislation allowing the hiring and training of 300 private armed police officers tasked with combating illegal migration along the UN buffer zone, but regulations were still unclear...
https://knews.kathimerini.com.cy/en/news/swiss-hotel-offers-sleepless-nights-to-ponder-the-world-s-problems
"I couldn't sleep," and "my room was too noisy," may be complaints hoteliers dread from guests, but for the Riklin brothers, that is the entire point of their latest 'zero-star hotel' art installation....
https://knews.kathimerini.com.cy/en/business/deloitte-opens-up-nominations-for-its-accelerator-for-the-deloitte-accelerator-for-social-innovation-dasi-awards
Deloitte has opened up nominations for its signature programme Deloitte Accelerator for Social Innovation (DASI) in the Middle East and Cyprus, providing social enterprises in the region with the opportunity to grow and scale their impact. ...
https://knews.kathimerini.com.cy/en/news/divided-cyprus-scrambles-as-fire-rages-in-the-north
Planes over divided Cyprus were fighting another day to put out the Kantara wildfire previously thought to have been under control, with reports overnight saying Turkish Cypriot authorities were evacuating local communities as the flames were spreading westwards...
https://knews.kathimerini.com.cy/en/business/new-rules-to-slash-pesticide-use-in-the-eu-by-50
The European Commission proposed on Wednesday legally binding targets to halve the use of chemical pesticides and restore nature across the EU, in an attempt to better protect health and recover plunging wildlife populations....
https://knews.kathimerini.com.cy/en/news/cabinet-approves-creation-of-facilities-on-cyprus-motorways
The Cabinet approved on Tuesday a plan to create public sanitary spaces and recharge stations on Cyprus motorways, according to a written statement by Deputy Government Spokesperson, Niovi Parisinou....
https://knews.kathimerini.com.cy/en/news/big-disparity-of-fuel-prices-on-the-island
The highest price for Diesel has reached €1.999 in Cyprus, according to the Consumer Protection Service's Fuel Retail Price Observatory. ...
https://knews.kathimerini.com.cy/en/business/construction-materials-up-by-21-81-in-may-2022
The Price Index of Construction Materials went up by 21.81% in May 2022 compared to the corresponding month of 2021, and continued the upward trend that follows since January 2021....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-drives-sustainable-digital-innovation-in-financial-services-with-kyndryl
Kyndryl, the world's largest IT infrastructure services provider and Bank of Cyprus, the leading banking and financial services group in Cyprus, announced an agreement to expand their collaboration with a new five-year managed IT services program that advances the Bank’s ESG commitments through 2030, by supporting the Bank’s levels of service, giving access and visibility to its products to all stakeholders....
https://knews.kathimerini.com.cy/en/business/cyprus-to-greece-ferry-link-launches-with-great-fanfare-video
The launch of the ferry link service between Limassol and Piraeus occurred this Sunday amid great fanfare led by the President of the Republic Nicos Anastasiades and attended by the Speaker of the House of Representatives, Anita Demetriou, and various other Ministers....
https://knews.kathimerini.com.cy/en/business/batterygate-millions-of-iphone-users-could-receive-compensation
Millions of iPhone users could be eligible for payouts, following the launch of a legal claim accusing Apple of secretly slowing the performance of older phones.
...
https://knews.kathimerini.com.cy/en/business/spanish-airline-air-nostrum-has-just-ordered-a-fleet-of-airships
As the quest for less environmentally damaging aviation continues, one Spanish airline has thrown its hat into the ring by ordering new hybrid airships -- which pack as much of a punch visually as they are said to do environmentally....
https://knews.kathimerini.com.cy/en/news/it-s-full-steam-ahead-for-the-cyprus-greece-ferry
Preparations are on overdrive for the first ferry round-trip on Sunday between Cyprus and Greece after 21 long years, according to the shipping line coordinating the route....
https://knews.kathimerini.com.cy/en/news/switzerland-to-contribute-10-million-euros-to-assist-with-increasing-migration
The framework to implement the contribution of Switzerland to Cyprus, estimated at 10 million euros for the needs arising from the increasing migratory flows to the island was examined during a meeting on Thursday between Minister of Interior Nikos Nouris and Switzerland's ambassador to Cyprus, Pierre-Yves Fux....
https://knews.kathimerini.com.cy/en/news/central-banks-across-europe-jack-up-interest-rates-to-fight-inflation
Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings and squeezing corporate profits....
https://knews.kathimerini.com.cy/en/news/eu-s-biometric-entry-exit-system-to-launch-in-a-few-months
The European Union’s Entry-Exit System (EES), which aims to enhance internal security and modernise external border management, will start its operation just a few months from now....
https://knews.kathimerini.com.cy/en/news/julie-fisher-will-be-the-new-us-ambassador-to-cyprus
Julie Fisher, currently serving as the US Special Envoy for Belarus, is the Biden administration's choice for the position of the new US Ambassador to Cyprus. Fisher's nomination will have to be confirmed by the Senate Foreign Relations Committee following the standard hearing process....
https://knews.kathimerini.com.cy/en/news/parthenon-sculptures-to-be-shared-british-museum-suggests
The Parthenon sculptures Greece is demanding back from Britain could be shared by the two countries, British Museum Chairman George Osborne told LBC, a digital news service registered in the UK, on Wednesday....
https://knews.kathimerini.com.cy/en/business/gaston-taratuta-from-argentina-named-ey-world-entrepreneur-of-the-year™-2022
Gaston Taratuta, Founder and CEO of Aleph Group, Inc. was named EY World Entrepreneur Of The YearTM 2022 at an award ceremony held in Monte Carlo on Thursday, June 9....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-dilemmas-of-war-and-pandemic
Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely.
...
https://knews.kathimerini.com.cy/en/news/cyprus-airports-to-help-combat-human-trafficking
The Ministry of Interior, the Cyprus Police, and the Social Welfare Services in collaboration with Hermes Airports have launched a joint campaign at Larnaka and Pafos airports to raise awareness of human trafficking among the traveling public and its front-line staff....
