https://knews.kathimerini.com.cy/en/news/eac-chairman-george-petrou-dives-into-energy-storage-advancements
George Petrou, the newly appointed chairman of the Electricity Authority of Cyprus (EAC), faces a daunting task as he takes the helm during a turbulent......
https://knews.kathimerini.com.cy/en/news/ursula-von-der-leyen-commends-cyprus-for-20-years-of-transformation
The President of the Republic of Cyprus, Nikos Christodoulides, emphasized the pivotal role of the European Union (EU) in fostering peace in Cyprus...
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https://knews.kathimerini.com.cy/en/news/macron-declares-europe-is-mortal-calls-for-unity
The 27-country bloc needs to urgently rethink its defence and economic models to not fall behind its rivals, the French leader said.
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https://knews.kathimerini.com.cy/en/news/mckinsey-leaders-convene-at-green-agenda-cyprus-summit
Georgios D. Tsopelas embarked on his McKinsey journey in London back in 1994, blazing a trail that led to the establishment of the Athens office in 2000. ...
https://knews.kathimerini.com.cy/en/news/cyprus-struggles-as-70-of-green-power-goes-to-waste
In a pivotal discussion held yesterday by the Parliamentary Committee on Energy, Trade, Industry, and Tourism, the pressing issue of energy storage from renewable sources and hydrogen took center stage....
https://knews.kathimerini.com.cy/en/news/wizz-air-seeks-cabin-crew-in-cyprus
Nicosia, 10th of April 2024: Wizz Air, Europe’s fastest growing and most environmentally sustainable airline globally*, is hosting a recruiting day for Cabin crew, this Thursday, 11th of April in Larnaca, in the Best Western Plus Larco Hotel, 10 Pontou Street, 6301, Cyprus....
https://knews.kathimerini.com.cy/en/news/deloitte-reveals-steady-surge-in-cyprus-real-estate-transactions
Deloitte issued the Cyprus Real Estate Review, which presents an in-depth analysis of the real estate market in 2023....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-hails-financial-progress-with-new-cbc-governor
The appointment ceremony for the new governor of the Central Bank of Cyprus, Mr. Christodoulos Patsalides, occurred this morning at the Presidential Palace, with the President of the Republic, Mr. Nikos Christodoulides, in attendance....
https://knews.kathimerini.com.cy/en/news/cyprus-investment-association-unveils-€8-billion-in-projects
Members of the Cyprus Association of Large Investment Projects unveiled ambitious plans Thursday, highlighting 18 to 20 projects valued at over €8 billion. ...
https://knews.kathimerini.com.cy/en/news/seal-of-approval-limassol-s-adorable-mascot-captivates-hearts
The story of Mr. Poseidon, as the seal is affectionately known, highlights a crucial aspect: the intricate relationship between the coastal economy and the marine ecosystem....
https://knews.kathimerini.com.cy/en/news/cyprus-a-familiar-economic-space-for-greece
In an interview conducted by Kathimerini reporter Panayiotis Rougalas, Greece's Central Bank Governor, Mr. Yiannis Stournaras, sheds light on various aspects of the country's monetary policy and economic landscape....
https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-reports-€199-4m-profits-in-2023
Eurobank Cyprus unveiled its financial results for 2023, boasting a profit of €199.4 million, marking a significant increase of €105.1 million or 111% compared to 2022.
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https://knews.kathimerini.com.cy/en/news/central-bank-predicts-2-2-gdp-growth-in-2023
The Central Bank of Cyprus (CBC) expects GDP growth of 2.2% in 2023, compared to significant growth of 5.1% in 2022, while for the years 2024-26 it expects GDP growth of 2.6%, 3.1% and 3.2%, respectively....
https://knews.kathimerini.com.cy/en/comment/opinion/what-role-do-banks-ultimately-play
Are banks merely financial entities providing a range of services to the public and businesses, solely driven by profit for shareholders? Banks serve as the heart of our economic and social systems, ...
https://knews.kathimerini.com.cy/en/business/deloitte-academy-s-impact-spreads-from-cyprus-to-kenya
The Head of Deloitte Academy, Christina Themistocleous, travelled to Nairobi, Kenya with the goal to offer voluntary work and help students achieve their ambitions and reach their full potential....
https://knews.kathimerini.com.cy/en/news/imperio-leads-cyprus-real-estate-into-green-future-with-first-ever-esg-report
Imperio remains steadfast in its commitment to promote the green transition of Cyprus’ real estate sector – a development that will greatly benefit the sector’s businesses, society, economy, as well as the environment itself, in multiple ways....
https://knews.kathimerini.com.cy/en/business/christodoulides-unveils-€60m-relief-package-amid-rising-prices
In an address to the nation, the President of Cyprus unveiled a series of targeted measures aimed at alleviating the economic challenges faced by households and businesses amidst rising prices. ...
https://knews.kathimerini.com.cy/en/business/cyprus-embarks-on-€8-billion-growth-spree-with-major-projects
In a recent press release, the Association of Large Investment Projects affirmed that Cyprus is poised for sustained economic growth, with a portfolio of major projects exceeding €8 billion. ...
https://knews.kathimerini.com.cy/en/business/women-in-techⓇ-cyprus-launches-educational-program-advocate-for-yourself
A partnership between TechIsland and Adsterra...
https://knews.kathimerini.com.cy/en/news/interest-rates-extended-borrowers-face-dilemma
Last Thursday, the European Central Bank (ECB) opted to maintain interest rates, extending the uncertainty for borrowers regarding their loans and repayments....
https://knews.kathimerini.com.cy/en/news/beyond-the-comfort-zone-for-sustainable-growth
The comfort zone, an imaginary haven of safety and certainty, doesn't always foster growth....
https://knews.kathimerini.com.cy/en/news/europe-faces-weak-growth-amid-global-uncertainty
In a comprehensive survey released today, leading economists express apprehension about the global economy, anticipating a year of sluggish growth, primarily attributed to geopolitical conflicts, challenging financing conditions, and the impact of artificial intelligence. ...
https://knews.kathimerini.com.cy/en/business/europe-tightens-rules-on-short-term-rentals-for-sustainable-tourism
The noose has tightened for short-term rentals within European territory, i.e. ''Airbnb'' and other well-known platforms. The aim of the new three rules from the European institutions is to promote more sustainable tourism,...
https://knews.kathimerini.com.cy/en/news/how-locals-can-mitigate-the-risks-of-cyprus-new-citizenship-rules-to-attract-tech-talent
Cyprus's recent initiative to boost its technology sector by offering tax breaks and fast-track naturalization to third-party nationals is a strategic move that could significantly reshape its economy and society....
https://knews.kathimerini.com.cy/en/business/the-path-to-fighting-inflation-is-difficult
In an insightful dialogue about the economic landscape, Joachim Nagel, a prominent figure in the financial realm and a member of the ECB Governing Council, shares his perspectives on inflation, interest rates, and the challenges facing the European economy....
https://knews.kathimerini.com.cy/en/news/a-golden-knowledge-program-vs-a-golden-passport-program
In a recent session, the Cyprus Parliament passed a DIKO (Democratic Party) law proposal to amend the Law on the Civil Registry, focusing on modernizing the existing legal framework for the naturalization of foreigners. ...
https://knews.kathimerini.com.cy/en/news/cyprus-allocates-65m-euros-for-diverse-tourism-initiatives-in-2024
The National Tourism Strategy's update has recently concluded, announced by Deputy Minister Kostas Koumis, known as "K." This undertaking commenced shortly after his assumption of office in March 2023, with an initial target to finalize it by the year's end.
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https://knews.kathimerini.com.cy/en/business/deloitte-celebrates-65-years-of-success-in-cyprus
This year marks 65 years of continuous successful presence for Deloitte in Cyprus. The company celebrated 65 years of ''making an impact that matters'' at an event held on 2 November, in the presence of all partners and staff. ...
https://knews.kathimerini.com.cy/en/news/seven-ways-to-boost-cyprus-economy-and-competitiveness
The Cyprus economy needs seven important pillars to respond to the increasingly volatile environment, achieve greater growth, gain a more resilient and competitive economy, and develop innovation and more growth potential, according to PwC CEO Philippos Soseilos....
https://knews.kathimerini.com.cy/en/news/key-economic-issues-dominate-the-headlines
Despite various actions taken and a decrease in inflation, there are worries about the central bank's ability to achieve its goals. Some experts suggest that the target of 2% price growth, ...
