https://knews.kathimerini.com.cy/en/news/half-of-cyprus-loans-vulnerable-to-euribor-and-ecb-rates
Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....
https://knews.kathimerini.com.cy/en/news/president-launches-state-sponsored-arts-opportunities-for-youth
President Nikos Christodoulides announced the initiation of the much-anticipated youth culture card, marking a significant step towards supporting the arts and engaging young minds in the cultural richness of Cyprus.
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https://knews.kathimerini.com.cy/en/news/cyprus-and-the-porn-industry-high-tech-hub-exposed
For many years, the Republic of Cyprus, due to its art visa law, served as a hub for white flesh trafficking....
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/government-seeks-€1b-via-emnt-bond-in-2024
Cyprus’ financing needs for 2024 amount to €1.3 billion, largely to be covered by the issuance of a €1 billion EMNT bond, the Finance Ministry’s Public Debt Management Office (PDMO) has said.
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https://knews.kathimerini.com.cy/en/news/non-performing-loans-take-a-€95m-dive
As of the end of September 2023, the total Non-Performing Loans (NPLs) in the banking system of Cyprus further decreased to €2.02 billion compared to €2.08 billion at the end of August.
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https://knews.kathimerini.com.cy/en/business/1-astrobank-residential-and-commercial-properties-for-sale
AstroBank is selling residential and commercial properties in various areas of Cyprus such as Larnaca, Paphos and Nicosia....
https://knews.kathimerini.com.cy/en/news/billionaire-s-great-escape-kolomoiskyi-s-cyprus-flight-sparks-alarm
In a twist of legal intricacies, Ukrainian authorities are on high alert following the release of billionaire oligarch Ihor Kolomoiskyi. ...
https://knews.kathimerini.com.cy/en/business/is-the-digital-euro-the-ecb-s-game-changer-or-a-banks-ally
The digital euro would not be a threat to the role of banks as financial intermediaries, Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) and ECB Governing Council member, has said, stressing that the digital euro will be issued and guaranteed by the ECB and not at the level of the member state....
https://knews.kathimerini.com.cy/en/comment/opinion/what-about-the-day-after-in-gaza-what-about-the-days-before
A colleague of mine asked me the other day a very interesting question. Let's assume, he said, that Israel does manage to destroy Hamas somehow. What's the use? Will it not be revived otherwise in a few years time?...
https://knews.kathimerini.com.cy/en/news/stylianou-s-pledge-to-battle-cancer-alone-at-man-of-the-year-awards
In a testament to resilience and the strength found in adversity, Petros Stylianou triumphed over a challenging bout with cancer, reshaping his life's purpose to champion those facing a similar ordeal....
https://knews.kathimerini.com.cy/en/news/alex-michaelides-shines-as-man-of-the-year-2023-in-glittering-awards-gala
In a dazzling display of glitz and glamour at The Royal Hall in Nicosia, the 22nd Bank of Cyprus Man of the Year Awards 2023 saw President of the Republic of Cyprus, Nicos Christodoulides,...
https://knews.kathimerini.com.cy/en/business/astrobank-residential-and-agricultural-properties-for-sale
AstroBank is selling residential and agricultural properties in all districts of Cyprus. The Bank's listings include houses and apartments, office space, land, and commercial buildings. The available properties are located in urban and rural areas, providing prospective buyers with a wide range of choice to find the one that best meets their needs....
https://knews.kathimerini.com.cy/en/business/ktrends-survey-reveals-public-dissatisfaction-with-cyprus-government
In a recent economic survey conducted by ''Kathimerini,'' the fifth wave of ''Ktrends'' highlights notable trends in economic, household, and market dynamics for October 2023. ...
https://knews.kathimerini.com.cy/en/news/christmas-in-europe-raises-terrorism-concerns-amid-israel-hamas-conflict
EU Home Affairs Commissioner Ilva Johansson issued a stark warning about the escalating risk of terrorist attacks in Europe, attributing it to the polarization fueled by the ongoing Israel-Hamas conflict. ...
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/government-to-appeal-limassol-court-granting-compensation-for-laiki-bank-depositors
In a significant legal development, the Attorney General of the Republic of Cyprus is set to file an appeal against the recent decision of the Limassol District Court....
https://knews.kathimerini.com.cy/en/news/citizen-pays-500-euros-fine-in-coins-at-limassol-court
In an extraordinary turn of events at the Limassol Court on Tuesday morning, a routine fine payment took an unexpected and unconventional route, leaving court officials and onlookers in disbelief....
https://knews.kathimerini.com.cy/en/business/residential-properties-for-sale-by-astrobank
AstroBank is selling residential properties as well as a shop in various areas of Cyprus such as Larnaca, Paphos, Nicosia and Famagusta....
https://knews.kathimerini.com.cy/en/news/nigerian-gang-exploits-facebook-connections-in-elaborate-scam
Greek authorities have dismantled a criminal organization consisting of Nigerian and Sierra Leonean nationals accused of duping women out of substantial sums of money through an elaborate online scam....
https://knews.kathimerini.com.cy/en/news/israel-approves-more-releases-as-truce-nears-deadline
In a surprising turn of events, the Israel-Hamas truce has rolled into its fifth day, bringing a ray of hope amid the recent tensions. Both sides have been diligently releasing hostages, signaling a possible thaw in the conflict....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-man-of-the-year-awards-ceremony-beckons-on-december-7
On December 7, discover the champions at the "Bank of Cyprus Man of the Year Awards" honoring ethics, contribution, vision, and hard work. Get the scoop on the categories, the nominees, and the exciting voting procedure....
https://knews.kathimerini.com.cy/en/news/israel-releases-17-hostages-including-russian-and-thai-nationals
In the latest chapter of the ongoing conflict, the third exchange of hostages and prisoners between Hamas and Israel unfolded amidst a fragile four-day truce in Gaza....
https://knews.kathimerini.com.cy/en/news/international-red-cross-secures-release-of-civilian-hostages-in-gaza-strip
In a significant development, the International Red Cross has taken custody of 24 civilian hostages held in the Gaza Strip, as reported by Qatar's foreign ministry spokesman. ...
https://knews.kathimerini.com.cy/en/news/kedipes-introduces-rent-to-own-scheme-for-vulnerable-households
Starting December 4, the government, in collaboration with KEDIPES, opens applications for the innovative "rent for hire-purchase" scheme. This initiative aims to fully settle loans secured on the main residences of vulnerable households, offering a lifeline to those facing financial challenges....
https://knews.kathimerini.com.cy/en/business/black-friday-blues-as-hsbc-goes-down-on-biggest-sales-day-of-the-year
On Black Friday, thousands of HSBC customers in the UK reported difficulties accessing mobile banking services, causing disruptions for those seeking to make purchases amidst retailer discounts. Downdetector, a website tracking service, recorded over 4,100 complaints regarding the malfunctioning banking app....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-double-digit-sanctions-violations-chaos
Cyprus’ Law Office has received complaints on possible sanctions violations amounting to double-digits, Attorney-General George Savvides told a parliamentary committee which discussed the “Cyprus confidential” publication, involving millions of leaked files on financial transactions investigated by the International Consortium of Investigative Reporters (ICIJ)....
https://knews.kathimerini.com.cy/en/news/decoding-the-secrets-of-confidential-oligarch-deals
Hours before Cyprus faced criticism in the European Parliament for alleged involvement of Cypriot companies in the movement of funds for Russian oligarchs, officials in Nicosia defended their reputation.
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https://knews.kathimerini.com.cy/en/business/astrobank-residential-and-other-properties-for-sale
AstroBank is selling agricultural, commercial and residential properties in various areas of Cyprus such as Paphos, Famagusta, Nicosia and Larnaca....
https://knews.kathimerini.com.cy/en/news/banks-eye-over-1-billion-euro-profits-in-2023
Cypriot banks, including the Greek bank, are poised to rake in substantial profits for 2023, benefitting from the European Central Bank's interest rate hikes....
