Knews, Kathimerini Cyprus English Edition

Non-compliance with US sanctions bad says CBC Governor

No impact to financial stability has been recorded so far by the US and UK sanctions against Cypriot persons and entities for assisting Russian sanctioned nationals apart from Cyprus’ credibility, Governor of the Central Bank of Cyprus Constantinos Herodotou said on Wednesday, noting that non-compliance would pose 'very negative consequences to the economy'...

11/05/2023 | NEWS

Whistleblower says Biden got Burisma money through Cyprus

A former White House stenographer has doubled down on allegations against US President Joe Biden and a VP trip to Cyprus in May 2014, with the whistleblower blatantly speculating that a kickback payment from Burisma came out of the island...

11/05/2023 | NEWS

Senator boasts power over White House on Turkish F16

Secretary of State Anthony Blinken has assured the Senate Robert Menendez that the Biden administration is not going to override the veto (congressional holding) for the sale of F-16 to Turkey, Menendez told the 8th annual conference of the PSEKA...

11/05/2023 | NEWS

Building land and offices for sale by AstroBank

AstroBank is selling building land, houses, and office space in various areas of Cyprus such as Famagusta, Larnaca, Paphos, and Nicosia....

11/05/2023 | BUSINESS

Students cheat death after bus wheels come off

An incident with a bus carrying students on a school trip came to light on Wednesday after a video emerged on social media about two wheels coming off the vehicle as it was moving on the highway...

11/05/2023 | NEWS

Cypriot president goes to Israel

Cyprus President Nikos Christodoulides is travelling to Israel on Thursay when he will be received by the President of the State of Israel, Isaac Herzog...

11/05/2023 | NEWS

Cyprus in solidarity with young athletes from Ukraine

About 140 children, athletes from Ukraine, can continue to play sports and train in Cyprus in the framework of the 'Olympic Dream' sports program, with the support of the KEPAKY - Andreas Sofocleous Foundation and the Ukrainian Charitable Foundation 'The future for children'...

11/05/2023 | NEWS

Sales of halloumi are increasing

The registration of halloumi cheese as a protected designation of origin product has proven to be beneficial. This is demonstrated by the latest data from the statistical service regarding exports, as well as sales in the Cypriot market....

10/05/2023 | BUSINESS

EC grants 35,324 travel passes for rail travel to 18-Year-Olds

The European Commission will provide a total of 35,324 travel passes - mainly for rail travel - to young Europeans aged 18 as part of the DiscoverEU program, according to a press release. In Cyprus, passes will be given to 72 out of a total of 152 applicants....

10/05/2023 | NEWS

BOC appoints Bank of America as joint corporate broker, resumes dividend payments

The Bank of Cyprus has announced the appointment of Bank of America Europe DAC (BofA Securities) as a joint Corporate Broker, along with NUMIS Securities Limited (NUMIS) and Keefe, Bruyette & Woods (KBW, acting through Stifel Nicolaus Europe Limited), with immediate effect....

10/05/2023 | BUSINESS

US congressman arrested for fraud and money laundering

US Republican congressman George Santos has been arrested in New York on federal charges of fraud, money laundering and theft of public funds....

10/05/2023 | NEWS

Airlines now have more power thanks to Covid-19

The Airports Council International (ACI) Europe has released a comprehensive analysis of airport competition in Europe, highlighting the shifting dynamics as airlines tighten their grip. ...

10/05/2023 | NEWS

Road transport of goods in Cyprus up by 39% in 2022

The total weight of goods transported by road in Cyprus in 2022 rose by 39.3% compared with 2021, a year that included periodic restrictions due to the Covid-19 pandemic....

10/05/2023 | BUSINESS

Irish soldiers train Ukrainian counterparts in Cyprus

Irish soldiers have begun training their Ukrainian counterparts in Cyprus, the head of the Irish armed forces has disclosed....

10/05/2023 | NEWS

Turkish elections: No matter who wins, Greece remains skeptical

Greek-Turkish Relations Hang in the Balance After Turkish Elections" Subtitle: "Uncertainty Looms as Turkey's Strategic Priorities Likely to Remain Unchanged Regardless of Election Outcome"...

10/05/2023 | NEWS

May Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

10/05/2023 | BUSINESS

Cyprus shifts energy policy towards natural gas for power generation

Cyprus' Minister of Energy, George Papanastasiou, announced that the country's strategy regarding the exploitation of natural gas in the Exclusive Economic Zone (EEZ) and other fields in the region will be decided after a workshop at the end of the month with the participation of energy companies in the Eastern Mediterranean. ...

10/05/2023 | BUSINESS

'Full speed ahead to manage the partition'

Varosha was considered the last hope for a solution to the Cyprus problem and was "the negotiating card" of the Turkish side, as the former leader of the Turkish Cypriot community, Mehmet Ali Talat,...

10/05/2023 | OPINION

Germany proposes new self-determination law for name and gender change

The German government on Tuesday, presented a draft self-determination law which, if accepted, will make it easier for people to change their name and gender legally....

10/05/2023 | NEWS

British tourist fined €10,000 for smuggling tobacco from occupied territories

Customs officials seized 29.5 kilograms of rolling tobacco from a British tourist who admitted to buying it in the occupied territories with the intention of transporting it to the UK, according to a statement from the Customs Department....

10/05/2023 | BUSINESS

New sanctions list expected by the end of May

The episode with the sanctions imposed by the United States and Britain on natural and legal persons that include Cypriot names is expected to continue....

10/05/2023 | BUSINESS

Cops boost sex trafficking ops days after Limassol murder

Cyprus Police arrested a man in Limassol on Tuesday during a sex trafficking operation, but officials declined to comment whether the investigation was linked to the murder of an unnamed woman from Ukraine over the weekend...

10/05/2023 | NEWS

Building land and offices for sale by AstroBank

AstroBank is selling building land, houses, and office space in various areas of Cyprus such as Famagusta, Larnaca, Paphos, and Nicosia....

10/05/2023 | BUSINESS

Huge child abduction case flops in Cypriot court

A criminal court in Cyprus has acquitted all remaining defendants in a high profile child abduction case, just months after a Norwegian court also vindicated the father of the young girl, whose Cypriot mother accused him six years ago of taking their daughter unlawfully...

10/05/2023 | NEWS