https://knews.kathimerini.com.cy/en/business/the-ecb-s-next-steps-were-documented-in-limassol
The two-day conference of Central Bank Governors in Limassol is a strong contender to serve as the foundation for decisions on monetary policy and inflation strategy to be made in the coming period.
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https://knews.kathimerini.com.cy/en/news/eu-health-commissioner-defends-deal-on-older-vaccines
Health commissioner Stella Kyriakides went on Cypriot state radio on Monday calling on EU citizens to get vaccinated with booster shots already made available to member states, a position she defended amid growing social and scientific doubt about a procurement strategy that included cozy texts between pharmaceutical companies and the bloc’s executives...
https://knews.kathimerini.com.cy/en/news/europe-s-vegetable-farmers-warn-of-shortages-as-energy-crisis-bites
Emmanuel Lefebvre produces thousands of tonnes of endives on his farm in northern France annually, but this year he may abandon his crop because of the crippling energy costs required to freeze the harvested bulbs....
https://knews.kathimerini.com.cy/en/business/self-check-in-and-robots-the-future-of-tourism-in-cyprus
https://knews.kathimerini.com.cy/en/news/employing-turkish-cypriots-in-roc-can-play-a-key-role-in-reunification
In a letter to Nicosia, the European Commission is calling for the upgrading of skills and the promotion of Turkish Cypriots in specific sectors of employment in the Republic of Cyprus, hoping that such a development will create a win-win situation....
https://knews.kathimerini.com.cy/en/business/europe-flights-disrupted-by-french-air-traffic-controller-strike
European flights faced widespread disruption on Friday as a French air traffic controllers' strike forced airlines to cancel half of those scheduled to arrive or depart Paris airports and others due to having to fly over France....
https://knews.kathimerini.com.cy/en/news/russia-either-we-send-convicts-to-fight-in-ukraine-or-your-children
The head of a notorious Russian mercenary group has defended the idea of sending prisoners to fight in Ukraine's war after the publication of a video showing him recruiting in a prison....
https://knews.kathimerini.com.cy/en/news/major-banks-across-europe-turning-off-hot-water-and-preparing-diesel-generators
Major banks across Europe are implementing measures in the workplace to cut down on energy consumption as Russia tightens its gas supply to the continent....
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/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/liz-truss-becomes-britain-new-pm-after-johnson-fallout
Liz Truss will become Britain's next prime minister after winning a leadership race for the governing Conservative Party on Monday, vowing to press ahead with promised tax cuts and action to tackle the deepening energy and cost of living crisis....
https://knews.kathimerini.com.cy/en/news/poland-spain-italy-are-a-favorite-for-working-migrants
The median age in the 27 European Union countries is projected to mark an increase of 4.5 years between 2019 and 2050 to reach 48.2 years....
https://knews.kathimerini.com.cy/en/news/gorbachev-who-steered-soviet-breakup-dead-at-91
Mikhail Gorbachev, who set out to revitalize the Soviet Union but ended up unleashing forces that led to the collapse of communism, the breakup of the state and the end of the Cold War, died Tuesday. The last Soviet leader was 91...
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/sleepy-greek-port-becomes-us-arms-hub
But the sleepy port of Alexandroupoli in northeastern Greece has taken on a central role in increasing the US military presence in Eastern Europe to contain Russian aggression. That flow has angered not only Russia but also neighboring Turkey, underlining how war in Ukraine is reshaping Europe’s economic and diplomatic relationships....
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/news/more-vocational-courses-to-be-offered-in-the-fall
Minister of Education, Sport and Youth, Prodromos Prodromou, stated that higher vocational education and training in Cyprus are being upgraded with new and modern building facilities in Limassol that will be ready this autumn with more specialized program options....
https://knews.kathimerini.com.cy/en/news/cyprus-scores-monkeypox-jabs-ahead-of-schedule
A handful of close contacts in the Republic of Cyprus were cleared for an urgent monkeypox jab on Sunday after vaccines arrived ahead of schedule, but the country providing the vaccines was not named as doctors in the European Union have been turning people away due to a serious shortage...
https://knews.kathimerini.com.cy/en/news/ukraine-s-first-grain-export-is-a-fraction-of-what-it-needs-to-sell
Ukrainian President Volodymyr Zelenskiy dismissed the importance of the first grain export shipment from his country since Russia invaded, saying it was carrying a fraction of the crop Kyiv must sell to help salvage its shattered economy....
https://knews.kathimerini.com.cy/en/news/first-ship-carrying-ukrainian-grain-leaves-odesa-port
A ship carrying grain left the Ukrainian port of Odesa for Lebanon on Monday under a safe passage agreement, Ukrainian and Turkish officials said, the first departure since the Russian invasion blocked shipping through the Black Sea five months ago....
https://knews.kathimerini.com.cy/en/news/lufthansa-ground-staff-strike-for-higher-pay-amid-inflation
Ground staff at Deutsche Lufthansa went on strike early Wednesday, prompting the cancellation of more than 1,000 flights, and adding to travel disruptions during the busy summer travel season....
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/business/wfh-epidemic-blamed-for-travel-chaos-across-europe
The CEO of Qatar Airways has blamed the chaos at airports on a work-from-home "epidemic," Reuters reported on Monday....
https://knews.kathimerini.com.cy/en/news/european-nations-asked-to-immediately-start-rationing-natural-gas
To avoid energy shortages that would stall economic growth and leave households cold in the winter as Russia weaponizes its gas exports, European countries should immediately start rationing use of the fuel, the European Commission said on Wednesday, and cut their use 15 percent until next spring....
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/sri-lankan-president-flees-country-amid-devastating-economic-crisis
Sri Lankan President Gotabaya Rajapaksa fled the country on Wednesday and hundreds of protesters stormed the prime minister's office demanding his ouster, as a people's uprising over a devastating economic crisis overwhelmed security forces....
https://knews.kathimerini.com.cy/en/news/cancellations-delays-and-strikes-which-destinations-are-the-most-affected
What to know and what to pay attention to those who are preparing to travel...
https://knews.kathimerini.com.cy/en/news/ba-cancels-hundreds-more-flights-this-summer
Most of the axed journeys, around 650, are in July while Heathrow and Gatwick airports will see around two-thirds of the cancellations....
https://knews.kathimerini.com.cy/en/news/emergency-state-doctors-strike-again
State emergency doctors went on strike Tuesday morning for three hours citing staff shortages and other issues, with state officials crying foul over the work stoppage and accusing union bosses of misinforming the public...
https://knews.kathimerini.com.cy/en/business/the-end-of-an-era-as-revlon-files-for-bankruptcy
The US cosmetics group Revlon has filed for bankruptcy protection after battling supply chain problems and failing to compete with celebrity-backed and social media-savvy upstarts....