https://knews.kathimerini.com.cy/en/news/akel-blasts-government-amid-rising-bank-profits
The political party AKEL has voiced its discontent with the government's handling of economic issues, particularly in light of the recent decision to raise interest rates for the tenth time....
https://knews.kathimerini.com.cy/en/business/ecb-raises-rates-for-the-10th-time-as-it-tries-to-quell-inflation
The European Central Bank raised interest rates for the 10th meeting in a row on Thursday to counter stubborn inflation but signalled that it is likely done tightening policy....
https://knews.kathimerini.com.cy/en/news/cypriot-bonds-dive-as-ecb-battles-inflation-surge
The value of Cypriot bonds held by the Eurosystem has dipped below €7 billion as the European Central Bank takes measures to combat inflation. ...
https://knews.kathimerini.com.cy/en/news/saudi-arabia-stresses-palestinian-resolution-in-potential-israel-peace-deal
Saudi Arabia has let the Biden administration know that resolving Palestinian issues is critical for any normalization deal with Israel, US Secretary of State Antony Blinken said on Wednesday....
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/news/cbc-governor-joins-eu-leaders-in-frankfurt
The Governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou, is in Frankfurt, Germany, to participate in the meeting of the Governing Council of the European Central Bank (ECB)....
https://knews.kathimerini.com.cy/en/news/court-upholds-2013-resolution-measures-for-laiki-bank
The court rejected another lawsuit related to the 2013 deposit problem....
https://knews.kathimerini.com.cy/en/news/real-estate-prices-surge-by-7-7
The prices in the Cyprus real estate market have been going up in recent years....
https://knews.kathimerini.com.cy/en/news/government-cuts-interest-income-rates-from-30-to-17
The Cyprus government decided to slash taxation on interest income from 30% to 17%, Finance Minister Makis Keravnos said on Wednesday, noting that banks should follow suit in boosting income for depositors.
...
https://knews.kathimerini.com.cy/en/news/is-cyprus-banking-sector-heading-for-a-shake-up
The Cypriot banking sector is in trouble, and it looks like Eurobank is on the verge of acquiring Hellenic Bank. Meanwhile, Astrobank and CDB Bank's relationship has shifted from a "flirtation" to an "appointment."...
https://knews.kathimerini.com.cy/en/news/over-10-000-reported-dead-in-libya-floods
Libya’s eastern city of Derna has buried 700 people killed in devastating flooding and 10,000 were reported missing as rescuers teams struggled to retrieve many more bodies from the horrific deluge, officials said Tuesday....
https://knews.kathimerini.com.cy/en/news/cyprus-records-36-bounced-cheques-totaling-€78-108-in-august
A total of 36 bounced cheques, worth €78,108, were issued in August 2023, with 23 persons (7 legal entities and 16 natural persons) registered in the preliminary list of the Central Information Register for the Issuers of Dishonoured Cheques (CIR), maintained by the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/news/more-than-30-shots-fired-at-limassol-bank
Police investigators from the CID are closely examining closed-circuit television (CCTV) footage related to a shooting incident that occurred in the early hours of Monday morning at a Bank of Cyprus branch on Agia Fylaxeos Street....
https://knews.kathimerini.com.cy/en/business/altia-transforms-the-real-estate-market-through-property-management-technology-services-developed-by-prosperty-and-robura
Altia, the fastest-growing real estate company in Cyprus with one of the largest real estate portfolios, is bringing digital transformation to the real estate sector. ...
https://knews.kathimerini.com.cy/en/news/techisland-powers-up-digital-agenda-cyprus-summit
The Digital Agenda Cyprus Summit is delighted to announce its collaboration with "Techisland" as the primary sponsor of the "Alpha Stage" platform, whose objective is to promote startups in Cyprus and the wider region....
https://knews.kathimerini.com.cy/en/business/houses-and-agricultural-plots-for-sale-by-astrobank
AstroBank is selling houses and agricultural plots at affordable prices in Paphos, Famagusta, Larnaca and Nicosia....
https://knews.kathimerini.com.cy/en/news/vehicle-fires-shots-at-bank-of-cyprus-branch
The police were called after a shooting incident at a bank branch in Limassol....
https://knews.kathimerini.com.cy/en/business/cdb-bank-and-astrobank-in-talks-for-potential-acquisition
In an official announcement released by CDB Bank to the Cyprus Stock Exchange, both banks have confirmed discussions regarding the potential acquisition of CDB Bank by Astrobank. ...
https://knews.kathimerini.com.cy/en/business/techisland-awards-the-highly-anticipated-awards-ceremony-of-the-tech-sector
The winners of the first ceremony in 7 categories...
https://knews.kathimerini.com.cy/en/business/payabl-backs-fastest-growing-tech-event-in-cyprus
payabl. announced as the Platinum Partner for Reflect Festival 2023...
https://knews.kathimerini.com.cy/en/news/cyclone-s-fury-claims-31-lives-in-brazil
Flooding from a cyclone in southern Brazil washed away houses, trapped motorists in vehicles and swamped streets in several cities, killing at least 31 people and leaving 2,300 homeless, authorities said Wednesday....
https://knews.kathimerini.com.cy/en/business/astrobank-agricultural-and-residential-land-up-for-sale
AstroBank has listed agricultural and residential land in Nicosia, Larnaca, Famagusta and Paphos for sale at bargain prices....
https://knews.kathimerini.com.cy/en/business/weight-loss-drug-ozempic-transforms-denmark-s-economy
Massive demand for diabetes and weight loss drugs made by Danish pharmaceutical group Novo Nordisk has turned it into Europe's most valuable company, giving Denmark's economy a major makeover....
https://knews.kathimerini.com.cy/en/news/recovery-and-resilience-measures-target-non-performing-loans
In a move to address Non-Performing Loans (NPLs) and maximize European funds, Minister of Finance, Makis Keravnos, announced the approval of an action plan under the Recovery and Resilience Plan. ...
https://knews.kathimerini.com.cy/en/news/venice-to-charge-€5-entry-fee-to-tackle-over-tourism
Venice will become the first city in the world to charge day-trippers an entry fee in a determined bid to curb mass tourism, its tourism chief announced yesterday....
https://knews.kathimerini.com.cy/en/business/consulco-london-credit-fund-s-new-investment-opportunity-secured-against-uk-commercial-properties
The London Credit Fund New Compartment offers even higher returns to investors....
https://knews.kathimerini.com.cy/en/news/wargaming-to-divest-6-8-stake-in-hellenic-bank-to-eurobank-for-€65-9-million
Wargaming has announced its decision to sell its remaining stake of 6.8% (28,023,767 shares) in Hellenic Bank to Eurobank.
...
https://knews.kathimerini.com.cy/en/news/former-finance-minister-continues-to-question-euroasia-project
Former Finance Minister Constantinos Petrides has returned to the issue of the Eurasia Interconnector, expressing concerns and raising important questions. In a post on the "X" platform, he highlighted the need for transparency and clarity surrounding this significant and costly project....
https://knews.kathimerini.com.cy/en/news/charting-history-with-ancient-maps-of-larnaca-and-the-east-med
An exhibition featuring maps depicting Larnaca and the Eastern Mediterranean, part of the collection housed in the Historical Archives of the Municipality of Larnaca, is currently on display at the former Ottoman Bank building in the coastal town....
https://knews.kathimerini.com.cy/en/news/stunning-loch-ness-monster-photos-emerge-after-years-in-secrecy
New images of a “serpent” creature claimed to be the Loch Ness Monster have been hailed as the “most exciting ever” of the mythical beast....
