https://knews.kathimerini.com.cy/en/news/no-foreclosures-on-first-homes-until-the-end-of-2023
In a development concerning foreclosures, four months after the summer 2023 decisions, the data remains unchanged. Banks and credit redemption companies have been urged to provide a two-month grace period for first homes and properties up to 350 thousand euros. ...
https://knews.kathimerini.com.cy/en/business/residential-land-for-sale-by-astrobank
AstroBank is selling residential land in the districts of Famagusta, Paphos, Larnaca and Nicosia....
https://knews.kathimerini.com.cy/en/news/freeze-on-home-foreclosures-likely-to-continue
As the year comes to a close, it seems likely that the freeze on foreclosures of primary homes valued up to €350k will be extended....
https://knews.kathimerini.com.cy/en/news/un-warns-of-potential-war-crimes-amid-israel-gaza-violence-surge
The United Nations has warned that there was “clear evidence” that war crimes may have been committed in “the explosion of violence in Israel and Gaza”....
https://knews.kathimerini.com.cy/en/news/israel-s-top-businessman-pushes-for-netanyahu-s-exit
Amon Shaswa, the head of the technology company Mobileye and one of Israel's leading businessmen, made a compelling call on Sunday for the immediate removal of Prime Minister Benjamin Netanyahu and the replacement of his government....
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, ...
https://knews.kathimerini.com.cy/en/business/kedipes-calls-for-stability-in-foreclosure-framework-to-safeguard-borrowers-homes
Lambros Papadopoulos, Chairman of the Board of Directors of KEDIPES (Cyprus Asset Management Company), emphasized the importance of maintaining consistency in the 2018 divestment framework within the Parliament....
https://knews.kathimerini.com.cy/en/business/ecb-maintains-interest-rates-amid-tightening-impact
The European Central Bank (ECB) has opted to maintain interest rates unchanged for the first time in over a year, marking a shift following 10 consecutive rate hikes. ...
https://knews.kathimerini.com.cy/en/news/tightened-lending-criteria-and-reduced-loan-demand-in-q2-2023
During the second quarter of 2023, lending criteria for both businesses and households in Cyprus remained stringent, with banks exercising caution....
https://knews.kathimerini.com.cy/en/news/eu-s-call-for-humanitarian-pauses-draws-attention-ahead-of-un-vote
European Union leaders have stopped short of calling for a ceasefire in Gaza, instead appealing for humanitarian “pauses” to provide aid, as the UN warned its operations were being “paralyzed” by Israel’s bombardment of the besieged enclave....
https://knews.kathimerini.com.cy/en/news/property-sales-surge-to-15-year-high-due-to-foreign-buyers
Residential property sales in Cyprus hit a 15-year record high in the second quarter of 2023, with significant increases in prices, according to data released by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/biden-stresses-israel-s-dual-right-and-responsibility-in-war
In a press conference during the visit of Australian Prime Minister Anthony Albanese to the White House, President Joe Biden emphasized that Israel holds not only the 'right' but also the 'responsibility' to defend itself....
https://knews.kathimerini.com.cy/en/news/cyprus-deposits-bounce-back-with-€87-7-million-growth
Total deposits recorded a noteworthy uptick in September 2023, rebounding from two consecutive months of decline, according to data released Wednesday by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/business/residential-and-farming-land-for-sale-by-astrobank
AstroBank is selling residential and farming land in various areas across the island....
https://knews.kathimerini.com.cy/en/news/kedipes-prepares-60-million-euro-mortgage-to-rent-initiative
The sale of primary residences worth up to 350 thousand euros faces a potential new suspension. As of the end of October, no additional steps have been taken regarding divestments....
https://knews.kathimerini.com.cy/en/news/gaza-s-fuel-shortage-claims-2-000-young-lives
Aid agencies are calling for a ceasefire in Gaza as doctors warn an Israeli blockade on fuel means many more vulnerable babies and wounded people in hospitals will soon die. One agency says at least 2,000 children in Gaza have been killed in the past few weeks....
https://knews.kathimerini.com.cy/en/business/ecommbx-a-platform-to-rule-them-all
From Day One, ECOMMBX was determined to develop the most powerful electronic payments systems, capable of offering customers seamless cross-border transactions. ...
https://knews.kathimerini.com.cy/en/business/october-newsletter-of-k-treppides-co-ltd-cysec-eba-guidelines-on-outsourcing
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. A newsletter issue from Treppides is an essential tool for those who are engaged in the broader financial and business sector, as one can find through the pages all the important and current developments, as well as the latest news relating to financial, audit and assurance, tax as well as legal services....
https://knews.kathimerini.com.cy/en/news/syrian-man-causes-havoc-at-nicosia-bank
A 44-year-old man from Syria created chaos when he entered a bank branch in Nicosia on Friday, putting the police on alert....
https://knews.kathimerini.com.cy/en/news/biden-admin-criticized-as-official-resigns-over-israel-policy
A veteran US state department official has quit over what he described as the Biden administration’s “intellectual bankruptcy” in sending more weapons and ammunition to Israel, as Gaza health officials said Israeli bombing had killed more than 3,700 people....
https://knews.kathimerini.com.cy/en/news/central-bank-s-remote-id-project-to-take-off
The Central Bank of Cyprus (CBC) has officially announced that it has signed an agreement to start the Digital On-boarding project for remote customer identification. The agreement was signed between the CBC and the appointed consortium....
https://knews.kathimerini.com.cy/en/news/in-israel-president-biden-accuses-foes-of-gaza-hospital-blast
U.S. President Joe Biden arrived in Israel on Wednesday pledging solidarity in its war against Hamas and saying that a blast that killed huge numbers of Palestinians at a Gaza hospital appeared to have been caused not by Israel but by its foes....
https://knews.kathimerini.com.cy/en/news/ecb-set-to-keep-rates-steady-says-central-bank-of-cyprus-governor
No interest hikes are expected in the next European Central Bank Governing Council meeting, as the latest available recent data suggest that the ECB rates have reached a level that, if maintained, will contribute to the return of inflation to the medium-term target of 2%, Constantinos Herodotou, Governor of the Central Bank of Cyprus and ECB Governing Council member told CNA on Wednesday....
https://knews.kathimerini.com.cy/en/business/residential-and-agricultural-land-for-sale-by-astrobank
AstroBank is selling residential and agricultural land in various areas of Cyprus in the districts of Famagusta, Larnaca, Paphos, and Nicosia....
https://knews.kathimerini.com.cy/en/news/limassol-international-book-fair-returns-for-its-second-year
The Limassol International Book Fair is back for its second edition, and it's set to captivate book enthusiasts from November 17 to 19 at Lanitis Carob Mills in Limassol. ...
https://knews.kathimerini.com.cy/en/news/suspense-builds-as-foreclosure-deadline-nears-and-creditors-seek-solutions
Cyprus is nearing the end of the suspension of divestments of primary residences worth up to 350 thousand euros, but a solution remains elusive regarding open funds tied to the divestment framework. ...
https://knews.kathimerini.com.cy/en/news/hospital-attack-claims-hundreds-of-lives-in-gaza
In a tragic turn of events, hundreds of lives were lost or forever altered following an attack on central Gaza and the Al-Ahli Hospital. ...
https://knews.kathimerini.com.cy/en/news/protesters-clash-with-police-over-gaza-hospital-tragedy
Protests have ignited around the Middle East following an explosion at a hospital in Gaza which killed at least 500 people....
https://knews.kathimerini.com.cy/en/news/acquisition-talks-between-astrobank-and-cdb-bank-heat-up
As of the beginning of the week, high-ranking officials from both banks had a meeting to discuss transaction details and the way forward....
https://knews.kathimerini.com.cy/en/news/this-is-the-program-for-the-digital-agenda-cyprus-summit-2023
31 prominent figures will present and discuss contemporary issues and trends in technology, communication, energy, sustainable development, entertainment, automotive, and work....
