https://knews.kathimerini.com.cy/en/news/the-absences-the applause-and-the omissions
The ceremony to confirm the new President of the Republic began at 11:39 a.m. The outgoing President of the Republic, Nicos Anastasiades, was the first to enter the House of Representatives packed plenary session. ...
https://knews.kathimerini.com.cy/en/news/the-who-s-who-of-the-christodoulides-government
On Monday afternoon (27/02), Nikos Christodoulides, the country's new leader, unveiled his new administration. Read the detailed biographies of the individuals who make up the new government....
https://knews.kathimerini.com.cy/en/news/turkey-pushes-on-rebuilding-as-death-toll-nears-50-000
Turkey has stepped up plans to house victims of the devastating earthquake which struck its border region with Syria, the interior minister said, as the combined death toll in the two countries crept toward 50,000....
https://knews.kathimerini.com.cy/en/business/eib-financed-€250-million-worth-of-green-projects-in-cyprus
The European Investment Bank (EIB) reported on Wednesday on its strong engagement in Cyprus for 2022, with new financing signed reaching a total of €250 million, all of which was invested in green projects....
https://knews.kathimerini.com.cy/en/news/work-begins-on-jetty-for-mooring-fsru-in-cyprus
Work for the construction of a jetty, as part of the LNG Receiving and Regasification Terminal in the Vasilikos area in Cyprus, has recently begun...
https://knews.kathimerini.com.cy/en/business/ey-presents-report-on-the-future-of-banking-in-cyprus
The report showcases the importance and contribution of Cypriot banks to the wider economy and society, and identifies current and upcoming challenges and opportunities...
https://knews.kathimerini.com.cy/en/business/2023-will-be-the-year-banks-dole-out-dividends
Apart from entering 2023 with inflationary tendencies and following a year with a geopolitical crisis due to the Ukrainian one, it is expected to be the year when the term "dividend distribution,"...
https://knews.kathimerini.com.cy/en/news/police-warn-public-about-messaging-scam-targeting-bank-accounts
Police have received reports of money being stolen from citizens' bank accounts after victims are sent messages via SMS or email asking them to click on the links provided in the message and provide personal data....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-71-million-in-profits-in-2022
Bank of Cyprus' profit for 2022 was 71 million euros, up from 30 million euros in 2021....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-participated-in-the-6th-cyprus-international-tax-conference
EY Cyprus has, once again, sponsored and participated in the 6th Cyprus International Tax Conference, titled ''The evolving landscape: Adopting to new challenges and opportunities,'' which took place on Tuesday, February 14th at the Hilton Nicosia hotel. ...
https://knews.kathimerini.com.cy/en/news/lagarde-announces-a-new-interest-rate-hike-in-march
European Central Bank President Christine Lagarde reiterated in a speech to the European Parliament that the ECB intends to raise borrowing costs by half a point next month....
https://knews.kathimerini.com.cy/en/news/cyprus-land-development-received-11-1-million-from-the-passport-program
The Cyprus Investment Program, also known as the passport program, brought in €11.17 million for the Cyprus Land Development Corporation between 2019 and 2022....
https://knews.kathimerini.com.cy/en/business/companies-laying-off-employees-to-hire-new-ones-at-lower-salaries
Keri and other recruiters say that candidate offers are now much lower and look more like those from 2019 — before the pandemic kicked off the Great Resignation, before Big Tech went on a hiring spree, and before anyone had heard of "quiet quitting."...
https://knews.kathimerini.com.cy/en/news/sales-to-foreign-buyers-hit-16-year-high
During January 2023 foreign buyers deposited 594 contracts of sale at Land Registry offices across the island. Moreover, these accounted for 54% of all sales; the first time since 2007 that the number of foreign sales has exceeded domestic sales....
https://knews.kathimerini.com.cy/en/news/credit-suisse-posts-$1-51-billion-loss-in-4th-quarter-of-2022
Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul....
https://knews.kathimerini.com.cy/en/news/france-to-be-first-country-in-the-world-to-introduce-porn-passports
France is set to introduce 'porn passports' to prove a person is over 18 while accessing sex websites - in a world first that aims to prevent children from viewing explicit material....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-campaign-for-earthquake-victims
Cyprus’ Commissioner for the Citizen announced on Wednesday a campaign for the collection of humanitarian aid for the people affected by the deadly earthquake in Syria and Turkey, which will run between February 9 and 17...
https://knews.kathimerini.com.cy/en/news/which-names-are-being-floated-for-the-position-of-finance-minister
The new ministerial team will be assembled beginning Monday, February 13. Nicos Christodoulides and Andreas Mavroyiannis, the two candidates for the Presidency of the Republic of Cyprus, will bring in new faces to staff their Ministries....
https://knews.kathimerini.com.cy/en/news/mortgage-to-rent-plan-approved
The Cabinet has approved the Treasury's proposal to establish a "rent versus installment" scheme known as mortgage to rent....
https://knews.kathimerini.com.cy/en/business/rate-of-npl-s-unchanged-in-november-2022
Non-performing loans (NPLs) in the Cyprus banking system remained unchanged in November, with the NPL rate to total loans unchanged at 10.5%....
https://knews.kathimerini.com.cy/en/news/us-ireland-work-exchange-program-extended-for-another-5-years
The Irish authorities have announced that the country has signed a statement of intent with the US to extend the US-Ireland Working Holiday/Intern Work and Travel Programme for another five years....
https://knews.kathimerini.com.cy/en/news/christodoulides-certain-he-will-be-the-next-president-of-cyprus
Presidential candidate, Nikos Christodoulides, has expressed certainty that he will be the winner of the elections, noting that he will seek to have meetings with Cyprus President, Nicos Anastasiades, and Democratic Party leader, Averof Neofytou, in view of the second round of the presidential elections that will take place on February 12....
https://knews.kathimerini.com.cy/en/life/cafe-at-hala-sultan-tekke-done-with-respect-and-under-strict-regulations
The operation of a café at Hala Sultan Tekke, a mosque in the Larnaka district, on the south coast, is done with respect to the area and the monument and under strict conditions, the Mayor of Larnaka Andreas Vyras told the Cyprus News Agency....
https://knews.kathimerini.com.cy/en/news/world-bank-to-assist-in-akamas-tourism-development
The Minister of Agriculture and Rural Development, Costas Kadis and the Deputy Minister of Tourism, Savvas Perdios, met with representatives of the World Bank, on Thursday, in order to formulate a tourism strategy for Akamas....
https://knews.kathimerini.com.cy/en/news/interest-rates-in-cyprus-continues-its-steady-rise
Interest rates in the Cypriot banking system continued rising in December in the context of the ECB’s monetary normalization policy to tackle high inflation....
https://knews.kathimerini.com.cy/en/news/tourism-revenues-are-on-the-mend
Savvas Perdios, the deputy tourism minister, spoke with K shortly after his trip to New York and Washington, D.C., about the ministry's investment in this market and the need to gradually lay the groundwork for increased American visitor numbers in Cyprus....
https://knews.kathimerini.com.cy/en/news/eurostat-cyprus-had-the-highest-stock-of-npl-s-in-2021
In 2021, Cyprus remained the country with the highest stock of non-performing loans (assets) of the general government, at 20.2% of GDP, according to data released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/business/alpha-bank-cyprus-ltd-mr-miltos-michaelas-as-new-ceo
The Board of Directors of Alpha Bank Cyprus Ltd, decided on the appointment of Mr. Miltos Michaelas to the position of CEO of Alpha Bank Cyprus Ltd....
https://knews.kathimerini.com.cy/en/news/cbc-household-debt-at-77-of-gdp
The household debt ratio stood at 77% of the Gross Domestic Product (GDP) at the end of September 2022, marking a slight decrease compared to the previous quarter, due to the increase in GDP, according to data published by the Central Bank of Cyprus on its website on Tuesday, in the "Quarterly Financial Accounts" edition, for the reporting quarter ending September 2022. ...
https://knews.kathimerini.com.cy/en/news/a-large-number-of-foreclosure-notices-to-be-sent-tomorrow
Today, Tuesday, January 31, 2023, marks the end of the most recent three-month suspension of divestments imposed by a resolution of the House of Representatives. ...
