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. ...
https://knews.kathimerini.com.cy/en/news/guarantor-wants-off-the-hook-over-old-bad-loan
Cyprus’ financial commissioner came to the rescue of a loan guarantor who says he should not have to pay anything because a former credit union had failed to send him default notices 'without delay' concerning non-payment by the primary beneficiary...
https://knews.kathimerini.com.cy/en/business/january-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....
https://knews.kathimerini.com.cy/en/business/113-7-increase-in-counterfeit-euro-banknotes-in-2022
In 2022, 451 counterfeit euro banknotes were removed from circulation in Cyprus, an increase of 113.7 percent over the previous year....
https://knews.kathimerini.com.cy/en/news/deposits-up-by-more-than-€0-5-billion-in-december-2022
Deposits in the Cypriot banking system rose by almost €590 million in December 2022 with total deposits in end-2022 amounting to €52 billion....
https://knews.kathimerini.com.cy/en/news/terracotta-roof-tiles-that-act-as-invisible-solar-panels
In the historic Italian city of Vicenza, Veneto, a typically-Italian family business of artisans is handmaking not-so-typical solar panels....
https://knews.kathimerini.com.cy/en/news/the-demand-for-new-homes-is-dwindling
The large investments and development projects mentioned by Minister of Transport and Works Yannis Karousos in his ministry's recent project presentation may have kept the construction and real estate sector afloat until 2022, but the industry still faces challenges....
https://knews.kathimerini.com.cy/en/business/banks-are-revising-lending-rates
Cypriot banks are preparing new loan rates in an effort to redesign the pricing of loans. In the first half of 2023, Cypriot banks will see significant changes in the pricing of new loans, accompanied by increases in interest rates, ...
https://knews.kathimerini.com.cy/en/news/more-people-choose-bankruptcy-to-get-a-second-chance
Bankruptcy applications, based on Law 4818/2021, are coming thick and fast from individuals with or without commercial activity, as they are unable to repay their debts to banks and insurance funds....
https://knews.kathimerini.com.cy/en/news/lavrov-plays-passive-aggressive-towards-cyprus
"Greece and Cyprus have been among the most welcoming countries to us in recent years. There have been numerous joint cultural and educational events....
https://knews.kathimerini.com.cy/en/business/no-more-fridays-4-day-work-week-on-the-rise
The results are in: It's time for your company to stop working on Fridays (or Mondays)....
https://knews.kathimerini.com.cy/en/news/the-red-warning-from-the-beaches-of-protaras
First and foremost, let me state that I am not an environmental expert. As an active citizen, I am recording my concerns about the changes brought about by climate change...
https://knews.kathimerini.com.cy/en/business/january-newsletter-of-k-treppides-co-ltd-european-banking-authority
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....
https://knews.kathimerini.com.cy/en/business/herodotou-calls-for-increased-vigilance-to-avert-private-debt-defaults
Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) called for the preservation of fiscal space, as the economic prospects are deteriorating due to Russia’s war in Ukraine....
https://knews.kathimerini.com.cy/en/business/tech-companies-calling-for-employee-naturalizations-after-5-years
Following the 2023 Presidential Elections and the resumption of the meetings of the House of Representatives, ICT companies will begin "pushing" for the right to apply for naturalization after 5 years of residence and work in the Republic of Cyprus,...
https://knews.kathimerini.com.cy/en/business/wargaming-intends-to-hold-on-to-hellenic
Wargaming Group, a Cypriot technology company, intends to remain a shareholder in Hellenic Bank. Despite selling a 13.41% stake to Eurobank in early December, Wargaming says its goal now is to focus on what it says it "does best," which is creating good games....
https://knews.kathimerini.com.cy/en/news/finance-minister-responds-to-cbs-disinformation-and-fake-news
The report on the CBS show '60 Minutes' about Russian oligarchs was referred to by the Finance Minister in his detailed response on the issue. ...
https://knews.kathimerini.com.cy/en/business/1-michael-kyprianou-co-llc-–-new-partner-announcement-constantina-zantira
New partner announcement: Constantina Zantira...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-vulnerabilities-remain-despite-progress-says-ssm
Cypriot banks have made progress, according to a report by the Single Supervisory Mechanism (SSM), but there are still many issues. ...
https://knews.kathimerini.com.cy/en/news/cavusoglu-to-travel-to-us-amid-troubled-ties
Turkey and the United States will aim to smooth out a series of disagreements between the NATO allies when the Turkish foreign minister visits Washington this week. But expectations that outstanding issues can be resolved are low....
https://knews.kathimerini.com.cy/en/news/brothers-facing-us-extradition-walk-free-in-cyprus
The Supreme Court in the Republic of Cyprus has ordered the release of five suspects, including two Greek Cypriot brothers, who are wanted by US authorities in connection with an investigation into investment fraud...
https://knews.kathimerini.com.cy/en/news/demetra-has-invested-75-of-its-capital-in-hellenic
Demetra Investment, the Cyprus Investment Fund, has dedicated 75% of its investments to Hellenic Bank....
https://knews.kathimerini.com.cy/en/business/1-january-newsletter-of-k-treppides-co-ltd
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/problems-surrounding-contactless-transactions-have-come-to-light
Cypriot banks have been asked to address a problem with a specific batch of Mastercard cards....
https://knews.kathimerini.com.cy/en/news/university-of-cyprus-scientists-develop-nanotechnology-to-treat-breast-cancer
Scientists of the University of Cyprus, taking advantage of the new perspectives offered by nanotechnology in pharmaceutical technology, have prepared polymeric nanoparticles for the planned transfer of the antihistamine substance Tranilast to the cancerous breast tumor, according to a relevant press release from the University of Cyprus....
https://knews.kathimerini.com.cy/en/news/cypriot-author-claims-police-trying-to-ban-his-book-on-corruption
A Cypriot investigative journalist accused the police on Wednesday of trying to prevent him from publishing books he wrote about corruption in his country....
https://knews.kathimerini.com.cy/en/business/fund-are-investing-in-cypriot-banks
Investing in Cypriot banks is becoming more common. The progress they have made in terms of the non-performing loan burden they have shed, their capital adequacy, which is characterized as good,...
https://knews.kathimerini.com.cy/en/life/the-50-best-restaurants-can-you-name-the-best-restaurants-of-the-year
The luxury guide's 50 Best Restaurants, which is fast approaching institution status, honors the year's top eateries. ...
