https://knews.kathimerini.com.cy/en/news/the-med-gets-first-offshore-wind-farm-as-italy-vows-energy-revolution
The Mediterranean's first offshore wind farm is rising from the shallows off Italy, its turbines a symbol of hope for a Europe suffering an energy crisis exacerbated by war....
https://knews.kathimerini.com.cy/en/news/finance-minister-concerned-over-rising-energy-and-grain-prices
Finance Minister Constantinos Petrides said today that he is concerned about the rising prices of grain and energy and the possibility of 'stagflation', but excluded the possibility of the Cypriot economy slipping into recession....
https://knews.kathimerini.com.cy/en/news/unemployed-persons-in-cyprus-increased-to-15-364-in-february
Officially registered unemployed persons reached 15,364 in February, according to data from the District Labour Offices....
https://knews.kathimerini.com.cy/en/news/ministry-of-labor-job-interviews-begin-on-thursday
Employment interviews conducted by the Ministry of labor will begin this Thursday and Friday. The move aims to match job seekers to prospective employers and is part of an effort to meet the needs of the hotel industry in Limassol and Paphos, provinces that seem to be facing the biggest staffing shortages....
https://knews.kathimerini.com.cy/en/news/op-ed-the-two-trends-for-working-time
In the discussion about the time we dedicate to our work, a turn of 180 degrees has taken place and this is mainly due to the pandemic....
https://knews.kathimerini.com.cy/en/business/pandemic-to-‘spell-end-of-tax-privileges-for-billionaires
Thomas Piketty is one of the most famous economists in the world. His weighty tomes on inequality and its dangerous consequences for global capitalism have been widely praised by other stars of the dismal science, like Paul Krugman and Robert Solow. ...
https://knews.kathimerini.com.cy/en/business/eurostat-unemployment-at-6-4-in-cyprus-in-december-at-6-4-in-the-eu-and-at-7-0-in-the-eurozone
In December 2021 seasonally-adjusted unemployment rates dropped to 7.0% and 6.4% in the eurozone and the EU respectively, recording a slight decrease compared to November and more significantly compared to last year, according to figures published by Eurostat, the statistical office of the European Union....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-grew-by-5-7-in-2021-according-to-eurostat
The continued high rate of growth in the fourth quarter of 2021 confirms the resilience and dynamism showed by the Cypriot economy and the soundness of our policies, boosting expectations for further growth in 2022, Finance Minister Constantinos Petrides said on Tuesday....
https://knews.kathimerini.com.cy/en/business/cypriot-economy-will-continue-to-recover-output-lost-during-2020
The Cypriot economy in 2021 recovered the output lost during the 2020 COVID crisis and will continue to grow with an average 3.7% in the years 2022 – 2024, the Central Bank of Cyprus expects, according to its economic bulletin, stressing that risks to the baseline scenario are balanced albeit slightly upside concerning inflation....
https://knews.kathimerini.com.cy/en/news/end-of-an-era-germany-s-merkel-bows-out-after-16-years
Angela Merkel was assured of a place in the history books as soon as she became Germany’s first female chancellor on Nov. 22, 2005...
https://knews.kathimerini.com.cy/en/news/former-south-african-president-f-w-de-klerk-dead-at-85
South Africa's last white president F.W. de Klerk, who died on Thursday aged 85, stunned the world when he scrapped apartheid and negotiated a peaceful transfer of power to a Black-led government under Nelson Mandela....
https://knews.kathimerini.com.cy/en/news/rule-stickler-mayor-left-hanging-with-stroke-of-pen
President Nicos Anastasiades used the stroke of a pen on Wednesday to block the closure of a department store in Paphos, a move that left the town’s mayor hanging after he had warned his municipality would not tolerate illegal operations without permits...
https://knews.kathimerini.com.cy/en/life/the-pandemic-adversely-affected-students-mental-health
The effects of the Covid-19 disease pandemic on the quality of life and mental health of students in Cyprus are recorded in a study published in September 2021 by the Frederick University Mental Resilience Research Unit....
https://knews.kathimerini.com.cy/en/news/one-quarter-of-the-population-on-the-verge-of-poverty
According to a statement by Cypriot Network Against Poverty, 24% of the population of Cyprus is on the verge of poverty, which means 200 citizens will soon cross the poverty line....
https://knews.kathimerini.com.cy/en/news/number-of-jobless-persons-in-cyprus-declines-to-the-lowest-level-in-almost-twelve-years
The number of registered unemployed for August 2021 decreased to 19,669 persons in comparison to 21,613 in the previous month....
https://knews.kathimerini.com.cy/en/news/third-lockdown-brings-new-support-schemes-totaling-€120m
New support measures to the tune of €120 million to address the effects Cyprus’ third total lockdown on employees and companies were announced by the Finance and Labour Ministers on Wednesday....
https://knews.kathimerini.com.cy/en/news/anastasiades-takes-the-stand-in-passports-probe
Cyprus’ citizenship by investment scheme will not be revived but other incentives will be given to attract investments, excluding citizenship, President Nicos Anastasiades said on Tuesday, following a 3-hour-long testimony before the investigative committee probing Cyprus’ nixed citizenship-by-investment scheme....
https://knews.kathimerini.com.cy/en/news/cyprus-puts-national-minimum-wage-on-hold-until-full-employment
The Cyprus government will launch a social dialogue for the implementation of the national minimum wage when full employment is reached, namely when unemployment is around 5%....
https://knews.kathimerini.com.cy/en/news/support-schemes-averted-drastic-rise-in-unemployment
The package launched by the government to support employees and businesses amid the coronavirus pandemic has averted a drastic rise in unemployment, labour minister Zeta Emilianidou said Thursday....
https://knews.kathimerini.com.cy/en/news/support-schemes-added-to-fight-lockdown-consequences
Alongside the tough restriction measures that came into effect on Thursday, additional support schemes were announced by the ministers of finance and labour in a bid to cushion the inevitable economic blow....
https://knews.kathimerini.com.cy/en/news/government-unleashes-new-bundle-of-support-measures
Along with the new restrictions imposed to curb the recent spike in coronavirus cases, the labour minister Zeta Emilianidou said Thursday that the Cyprus government agreed on a new batch of support measures budgeted between 130 and 150 million euros....
https://knews.kathimerini.com.cy/en/news/government-okays-schemes-tackling-unemployment
The Cabinet on Wednesday approved three new schemes aiming to motivate the hiring of unemployed persons, ex-convicts, and youth, budgeted at €31 million....
https://knews.kathimerini.com.cy/en/business/microsoft-plans-$1-billion-data-center-venture-in-greece
Microsoft has announced plans to build three data centers in greater Athens, providing a badly needed investment of up to $1 billion to the Greek economy which has been hammered by the pandemic....
https://knews.kathimerini.com.cy/en/news/greek-pm-urges-use-of-masks-compliance-to-avert-lockdown
Greek Prime Minister Kyriakos Mitsotakis appealed to the public on Thursday to wear masks and comply with health safety regulations so that stricter coronavirus containment measures can be averted, saying that it is a choice between “self-protection and lockdown.”...
https://knews.kathimerini.com.cy/en/news/government-extends-support-schemes-until-end-october
The Cabinet on Thursday decided to extend current government support programs aiming to cushion the blow of the coronavirus pandemic until the end of October, Labour Minister Zeta Emilianidou said....
https://knews.kathimerini.com.cy/en/news/pandemic-impact-on-tourism-poses-significant-risks-to-cyprus-economy
The European Commission’s summer economic forecast expects significant risks to the Cyprus economy as a result of the coronavirus pandemic’s impact on the tourism sector, which is predicted to see just 25% of last year’s revenues and high unemployment....
https://knews.kathimerini.com.cy/en/news/no-progress-among-eu-leaders-on-virus-recovery-deal
European Union leaders found that a quick deal on the bloc's future long-term budget and a multibillion-euro post-pandemic recovery plan remained beyond their reach Friday as the coronavirus ravages their economies....
https://knews.kathimerini.com.cy/en/news/cyprus-fm-holds-telephone-conversation-with-new-iraqi-fm
Cyprus Foreign Minister Nikos Christodoulides shared on Thursday a telephone conversation with the new Foreign Minister of Iraq Fuad Hussein...
https://knews.kathimerini.com.cy/en/news/five-new-support-schemes-announced-as-cyprus-enters-recovery-stage
The five new economic support measures budgeted at 150 million euros that aim to cushion the blow of the coronavirus pandemic as Cyprus enters the stage of recovery were submitted before the cabinet on Tuesday....
https://knews.kathimerini.com.cy/en/news/house-passes-bills-mitigating-pandemic-repercussions
The House on Friday approved a wide array of bills, passing into law a wide array of bills seeking to keep Cyprus afloat as it is making its way through the first wave of the coronavirus pandemic....
