https://knews.kathimerini.com.cy/en/news/u-s-military-hails-cyprus-cooperation-in-gaza-aid-delivery
U.S. military personnel expressed gratitude to Cyprus for its role in facilitating the delivery of humanitarian aid to Gaza via sea. Senior defense and Biden administration officials provided details on Thursday about the construction of a temporary pier off Gaza's coast, set to be completed by early May....
https://knews.kathimerini.com.cy/en/news/man-held-for-alleged-dining-and-dashing
Police in Paphos have apprehended a 27-year-old man as part of an ongoing investigation into allegations of securing credit by false representations. The arrest stems from an incident where the suspect purportedly failed to settle a bill at a local restaurant....
https://knews.kathimerini.com.cy/en/business/eu-implements-new-vat-transparency-rules-targeting-e-commerce-fraud
The EU’s new transparency rules against Value-Added Tax (VAT) fraud have come into effect starting on January 1st, the European Commission has announced....
https://knews.kathimerini.com.cy/en/comment/opinion/create-a-superministry-to-reduce-bureaucracy
In Cyprus, the proliferation of committees, excessive bureaucracy, and overlapping responsibilities of high-ranking officials have reached unprecedented levels, especially when problems are on the rise....
https://knews.kathimerini.com.cy/en/news/cbc-governor-herodotou-reveals-breakthrough-in-digital-finance
The Central Bank of Cyprus has completed the tender for a new digital platform for customer compliance, said CBC Governor Constantinos Herodotou, speaking at an event organized by the Association of Cyprus Electronic Money and Payment Institutions, on Thursday afternoon....
https://knews.kathimerini.com.cy/en/business/eu-passes-borrower-protection-law-your-rights-when-borrowing-money
The European Parliament (EP) has voted on rules to keep people safe when they borrow money for things like credit cards or loans....
https://knews.kathimerini.com.cy/en/business/cash-only-trend-grows-amid-rising-inflation-in-occupied-territories
The prevalence of merchants and shopkeepers unwilling to accept credit cards is on the rise in the occupied territories, warns columnist Jenq Mutluyakali in a Yeni Dusen article....
https://knews.kathimerini.com.cy/en/comment/opinion/rocking-the-boat-a-not-so-cypriot-tradition
You know, there's been quite a buzz about the whole corruption scene in Cyprus. It's kind of ironic, really – this beautiful little country, seemingly full of potential, yet tangled up in this mess. ...
https://knews.kathimerini.com.cy/en/business/alert-issued-amid-spate-of-prepaid-card-scams
A total of five cases have been reported between August 4 and 10 about scams that led to withdrawals of thousands of euros through prepaid credit cards, Police spokesperson, Christos Andreou, told CNA on Friday, calling on businesses that sell such cards to be alert and cautious....
https://knews.kathimerini.com.cy/en/news/greece-s-wildfire-crisis-severity-and-root-cause
Roaring fires have ripped through Greece, belching thick clouds of choking smoke and forcing tens of thousands of people to flee....
https://knews.kathimerini.com.cy/en/news/eu-commission-proposes-digital-euro-as-cash-alternative
Digital currencies have grown in popularity. Unlike bitcoin, the digital euro would be a central bank digital currency (CBDC), essentially, electronic cash. ...
https://knews.kathimerini.com.cy/en/news/schools-vulnerable-to-ransomware
The confidential documents stolen from schools and dumped online by ransomware gangs are raw, intimate, and graphic. They describe student sexual assaults, psychiatric hospitalizations, abusive parents, truancy — even suicide attempts....
https://knews.kathimerini.com.cy/en/business/the-holiday-scam-protecting-yourself-when-booking-online
An increasing number of individuals are opting to plan their vacations online, a trend that, as observed in previous years, carries potential risks and pitfalls. ...
https://knews.kathimerini.com.cy/en/business/innovative-payabl-pos-card-terminals-make-omnichannel-payments-simple-and-easy
Get ready to embrace the future of payments with payabl. - the cutting-edge payments company that's shaking up the industry. In a game-changing move, payabl. has just launched its revolutionary point-of-sale (POS) solution for in-person payments, aimed at transforming the way retailers conduct business. The best part? This is happening right now in Cyprus....
https://knews.kathimerini.com.cy/en/news/fbi-warns-against-using-free-mobile-charging-stations
The FBI is warning people to steer clear of free cell phone charging stations....
https://knews.kathimerini.com.cy/en/comment/opinion/what-is-the-future-for-banks
Banks have suffered significantly in the last 15 years. Some have been forced to shut down, while others had to reduce deposits. In some countries, banks have been subject to capital controls, and many have had to change their shareholder structure due to state intervention....
https://knews.kathimerini.com.cy/en/news/minister-of-agriculture-pushing-for-a -farmers card
Agriculture Minister Petros Xenofonos announced today during a meeting of the House of Representatives Agriculture Committee that he intends to create a farmer's card to provide services to the agricultural world....
https://knews.kathimerini.com.cy/en/news/raquel-welch-s-visit-to-cyprus-and-her-meeting-with-makarios
Well-known actress, Raquel Welch, died yesterday, February 15th, at the age of 82, following a brief illness. Welch first came to public attention with her appearances in "Fantastic Voyage" and "One Million Years B.C." in 1966....
https://knews.kathimerini.com.cy/en/news/americans-will-soon-need-to-pay-a-small-fee-to-enter-the-uk
U.S. citizens will soon have to apply for permission before their United Kingdom trips and pay a small fee to enter as part of the country's upcoming Electronic Travel Authorization scheme....
https://knews.kathimerini.com.cy/en/news/presidential-debate-boring-hilarious-and-chaotic-but-otherwise-satisfactory
Averof Neophytou, Andreas Mavroyiannis, Nikos Christodoulides, Christos Christou, Achilleas Demetriades, Giorgos Kolokasidis, and Konstantinos Christofides clashed in another debate last night which was aired on TV stations Alpha, Ant1, Sigma, and Omega....
https://knews.kathimerini.com.cy/en/news/cash-still-king-as-cypriots-take-digital-leap
The growing preference of Cypriots for digital means of payment, but also the desire to maintain the ability to pay with cash and checks, are the main conclusions of the report of the Central Bank of Cyprus on Retail Payments in Cyprus for the years 2014-2021...
https://knews.kathimerini.com.cy/en/business/what-did-cypriot-consumers-purchase-in-2022
Cashless transactions have significantly increased since businesses are now required to accept credit or debit cards. Card payments now account for approximately 72% of all commercial transactions, rather than cash. ...
https://knews.kathimerini.com.cy/en/business/cyprus-retail-sector-continues-climb-despite-inflation
Black Friday, with its high levels of traffic and shopping, appears to have given way to the Christmas holiday season. The market is still moving well, with increased foot traffic in shopping malls and main streets....
https://knews.kathimerini.com.cy/en/news/how-much-loan-can-a-couple-with-an-income-of-€2-000-get
Housing loans are an issue that inevitably affects a large number of young couples. Because housing prices have skyrocketed while wages have remained stagnant, the need for housing leads to borrowing....
https://knews.kathimerini.com.cy/en/news/two-turkish-banks-suspend-russian-mir-payments-after-u-s-sanctions
Turkish lenders Isbank and Denizbank have suspended the use of the Russian payment system Mir, the banks said on Monday, following a U.S. crackdown on those accused of helping Moscow skirt sanctions over the war in Ukraine....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-now-is-a-good-time-to-follow-the-simple-rule-of-28-36
Rising prices have been a major topic of discussion over the past few weeks. In essence, however, little can be done by individuals to mitigate the effects of rising fuel and commodity prices on a global scale....
https://knews.kathimerini.com.cy/en/news/us-fed-raises-interest-rates-by-75-largest-hike-in-30-years
The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....
https://knews.kathimerini.com.cy/en/business/myth-buster-ifrs-17-an-accounting-standard-for-insurance-contracts
As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...
https://knews.kathimerini.com.cy/en/news/cypriot-journalist-in-ukraine-probes-vigilante-punishment
Images and videos of people tied up to poles throughout Ukraine have been dividing public opinion for many years, but a Cypriot journalist outside Irpin who took a photo of a man with his buttocks exposed raised questions over vigilante justice...
https://knews.kathimerini.com.cy/en/news/op-ed-a-war-of-endurance
It is very difficult to say how the war in Ukraine will end and how long it will last. It is purely a question of endurance, of who will last longer....
