https://knews.kathimerini.com.cy/en/news/cyprus-ends-2023-with-€918-7-million-fiscal-surplus
Cyprus's financial report card for 2023 is in, and it's showing some positive signs. According to the Statistical Service of Cyprus, the country ended the year with a fiscal surplus of €918.7 million. That's like having extra money left over after paying all the bills....
https://knews.kathimerini.com.cy/en/news/healthier-ready-to-eat-meals-could-slash-eu-emissions-by-48m-tonnes
Healthier ready-to-eat meals could cut EU emissions by 48m tonnes annually and save customers €2.8bn (£2.4bn) each year, as well as reducing disease, a report has found....
https://knews.kathimerini.com.cy/en/news/in-the-face-of-threats-biden-tells-israel-to-take-the-win
The Biden administration congratulated Israel on successfully intercepting over 300 missiles and drones launched by Iran, with US support....
https://knews.kathimerini.com.cy/en/business/businesses-turn-to-banks-amid-funding-crunch
In 2023, businesses encountered a tough road ahead when it came to securing loans, as costs continued to climb....
https://knews.kathimerini.com.cy/en/news/turkish-official-under-fire-for-opposing-ny-resolution-on-cyprus-invasion
The Turkish Consul-General in New York, Reyhan Özgür, is facing criticism after sending a letter opposing a resolution about Turkey's invasion of Cyprus....
https://knews.kathimerini.com.cy/en/news/lawmakers-slam-green-taxation-plans-as-stupid-and-immoral
DISY MP Kyriakos Hatzigiannis and Ecologists MP Stavros Papadouris sharply criticized the government's green taxation plans in interviews with ''SPOR FM 95.0'' and ''DIASPORA News.''...
https://knews.kathimerini.com.cy/en/news/finance-ministry-to-shield-vulnerable-homes-from-price-hikes
The forthcoming measures are set to target specific areas, not just spread thinly across the board, in the fight against rising prices....
https://knews.kathimerini.com.cy/en/business/cyprus-braces-for-soaring-fuel-prices
Cyprus braces for a significant hike in motor fuel prices by mid-April, with increases of 10 cents per liter expected to impact consumer spending across the island nation, according to a report by Kathimerini's Maria Eraclous....
https://knews.kathimerini.com.cy/en/business/cyprus-sets-sights-on-us-tourists-with-digital-campaign
Cyprus is gearing up to launch a digital campaign aimed at promoting itself as a holiday destination in the United States, with a focus on the East Coast regions of New York, Washington DC, Boston, and Philadelphia....
https://knews.kathimerini.com.cy/en/news/nepali-fighters-demand-return-from-russia-s-war-in-ukraine
Around 2,000 Nepali men have been recruited by Russia to fight in its war against Ukraine, according to information obtained by Sky News. Many of these men, driven by poverty, are now seeking a way to return home....
https://knews.kathimerini.com.cy/en/news/filipino-seafarers-return-home-after-surviving-yemen-missile-attack
Eleven Filipino seafarers finally reached the shores of the Philippines on Tuesday, nearly a week after enduring a harrowing missile attack by Houthi rebels off the coast of Yemen....
https://knews.kathimerini.com.cy/en/news/gesy-€1-58b-revenue-€500m-reserve-stable-until-2031
The Health Insurance Organisation (OAY) has disclosed that its revenue from contributions to the General Health System (GeSY) reached €1.58 billion in 2023,...
https://knews.kathimerini.com.cy/en/news/inflation-and-new-markets-propel-spending-close-to-€3-billion-in-2023
Just before the end of last summer, economic analysts' projections for 2023 tourism revenue were nearing a record close to €3 billion. ...
https://knews.kathimerini.com.cy/en/news/cyprus-economy-2024-ktrends-reveals-challenges-and-successes
Delving into the latest findings from the 6th wave of ''Ktrends'' research by ''Kathimerini'' newspaper unveils a multifaceted picture of Cyprus's economic landscape in January 2024. ...
https://knews.kathimerini.com.cy/en/news/eu-unveils-stricter-fiscal-rules-for-member-states
The European Commission has introduced new fiscal rules aimed at promoting growth and financial discipline among member states. The framework, ...
https://knews.kathimerini.com.cy/en/news/woman-reveals-harrowing-conditions-in-nicosia-psychiatric-hospital
A woman testified before the Parliament's Human Rights Committee, shedding light on the deplorable conditions her sister endured during her stay at the Nicosia psychiatric hospital....
https://knews.kathimerini.com.cy/en/news/cyprus-development-expenditure-2023-surpasses-€1b
The realization of state budget development expenditure in 2023 reached 72% compared to 70% in 2022 and the average of 69% over the last decade, according to a Treasury report released on Wednesday....
https://knews.kathimerini.com.cy/en/news/sarkozy-sentenced-to-one-year-in-jail-for-illegal-campaign-financing
The Paris appeals court found former French President Nicolas Sarkozy guilty of illegal campaign financing for his failed 2012 re-election bid. The lower court's previous ruling was confirmed....
https://knews.kathimerini.com.cy/en/news/electricity-subsidy-extends-to-vulnerable-consumers-until-february-s-end
With its metaphorical ''finger on the trigger,'' the Ministry of Finance is vigilantly tracking the anticipated surges in the current....
https://knews.kathimerini.com.cy/en/news/is-dining-out-turning-luxurious
It's no secret that our favorite cafes and fast-food joints are becoming increasingly expensive, leaving a bitter taste in the mouths of consumers. The recent surge in prices, fueled by the relentless march of inflation, is reshaping our spending habits and challenging our wallets....
https://knews.kathimerini.com.cy/en/news/swiss-arrivals-set-to-hit-80-000-says-deputy-minister-koumis
Cyprus Deputy Minister for Tourism Costas Koumis has said that further increase in tourist arrivals from Switzerland is feasible with arrivals from the country in Cyprus estimated at 80,000 this year....
https://knews.kathimerini.com.cy/en/news/swearing-parrots-pose-risk-of-vulgar-clock-chaos-in-wildlife-park
In a daring move, Lincolnshire Wildlife Park is relocating its notorious swearing parrots to a larger flock of over 100 birds. The decision comes as three more feathery offenders join the original five African greys introduced to the park in 2020....
https://knews.kathimerini.com.cy/en/news/cyprus-leads-the-eu-in-cross-border-investments
During a Parliamentary Finance Committee meeting, CySEC Chairman George Theocharides announced Cyprus's top-ranking status in providing cross-border investment services within the EU....
https://knews.kathimerini.com.cy/en/news/persianis-reveals-limited-cooperation-with-finance-ministry
For the limited cooperation with the Ministry of Finance, for the wrong interpretation of the research with a political prism and for the fiscal risks, the President of the Fiscal Council of Cyprus......
https://knews.kathimerini.com.cy/en/news/wolfgang-schauble-former-german-finance-minister-dies-at-81
Wolfgang Schäuble, the influential former German Finance Minister and speaker of the Bundestag, passed away at 81, leaving a profound mark on European financial affairs....
https://knews.kathimerini.com.cy/en/news/navigating-the-festive-frenzy
The government is grappling with significant challenges in managing and addressing the housing needs of its building stock....
https://knews.kathimerini.com.cy/en/news/2024-budget-gets-green-light-–-inside-scoop-on-state-wage-proposals
The 2024 budget was passed into law relatively comfortably, with a total of 37 MPs voting for it, while 19 were opposed. ...
https://knews.kathimerini.com.cy/en/news/themis-themistocles-signals-potential-2024-interest-rate-cut
In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...
https://knews.kathimerini.com.cy/en/news/state-employees-brace-for-25-30m-euro-salary-squeeze
The agreement signed with unions PASYDYS and SEK is set to bring an annual cost of 25-30 million euros, impacting state employees and those in the wider public sector....
https://knews.kathimerini.com.cy/en/news/questions-arise-over-€18-5m-purchase-for-foreign-ministry-relocation
Members of the Finance Committee in the Parliament have raised questions about the proposed release of 18.5 million euros for the purchase of the former Laiki Bank building in Nicosia, intended as the temporary relocation site for the Ministry of Foreign Affairs. ...
