https://knews.kathimerini.com.cy/en/business/npls-in-cyprus-banks-down-by-€32-million-at-the-end-of-october
Total non-performing loans (NPLs) in the Cyprus banking sector decreased by €32 million at the end of October 2021, compared to the previous month, when total loans increased by €14 million to € 27.91 billion....
https://knews.kathimerini.com.cy/en/news/uk-government-holds-breath-as-it-awaits-‘partygate-report
Prime Minister Boris Johnson braced for the conclusions of an investigation into allegations of lockdown-breaching parties, a document that could help him end weeks of scandal and discontent, or bring his time in office to an abrupt close....
https://knews.kathimerini.com.cy/en/news/cyprus-scores-low-on-public-sector-corruption
The Republic of Cyprus was at a historic low in terms of perceived levels of corruption in the public sector, according to figures released this week by Transparency International...
https://knews.kathimerini.com.cy/en/news/cyprus-president-nixes-luxury-car-use-for-top-civil-servants
Cyprus’ president has scrapped plans to grant free-of-charge, around-the-clock use of state-financed luxury vehicles to top civil servants amid a public outcry over a perceived waste of taxpayers’ money, a government spokesman said Monday....
https://knews.kathimerini.com.cy/en/news/tsunami-from-tonga-volcano-eruption-leaves-trail-of-flood-damage
Tsunami waves caused by an undersea volcano have flooded the Pacific Island country of Tonga, where entire towns have been inundated with water and scientists warn the main island could be blanketed in volcanic ash....
https://knews.kathimerini.com.cy/en/business/ey-presents-cyprus-tax-facts-2022-guide
EY Cyprus is pleased to share the latest Cyprus Tax Facts guide – in English – which provides a straight-forward, holistic summary of the Cyprus tax system, based on current legislation and tax practices, in relation to the fiscal year 2022....
https://knews.kathimerini.com.cy/en/business/moneyval-cyprus-makes-some-progress-in-the-fight-against-money-laundering
Cyprus has made some progress in the fight against money laundering and terrorist financing by partially complying with recommendations set out by the Financial Action Task Force (FATF), according to a report by the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism - MONEYVAL....
https://knews.kathimerini.com.cy/en/business/slight-increase-in-the-value-of-unsecured-checks-issued-in-2021
The total amount of unsecured cheques issued in 2021 rose to €0.93 million compared with €0.74 in 2020. However, the total number of unsecured cheques dropped to 363 compared with 454 the year before....
https://knews.kathimerini.com.cy/en/news/kazakh-president-gives-shoot-to-kill-order-to-quell-protests
Security forces appeared to have reclaimed the streets of Kazakhstan's main city on Friday after days of violence, and the Russian-backed president said he had ordered his troops to shoot to kill to put down a countrywide uprising....
https://knews.kathimerini.com.cy/en/business/npls-in-cyprus-decrease-€722-million-at-the-end-of-september
Α decrease of €722 million or 14.4% was recorded at the end of September 2021 in aggregate Non-Performing Loans (NPLs) compared with the end of June 2021, according to data released Friday by the Central Banks of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/business/cypriot-economy-will-continue-to-recover-output-lost-during-2020
The Cypriot economy in 2021 recovered the output lost during the 2020 COVID crisis and will continue to grow with an average 3.7% in the years 2022 – 2024, the Central Bank of Cyprus expects, according to its economic bulletin, stressing that risks to the baseline scenario are balanced albeit slightly upside concerning inflation....
https://knews.kathimerini.com.cy/en/news/britain-rubbish-isn-t-collected-supermarkets-shelves-are-empty-and-councils-slash-services
The UK's self-isolation 'farce' means at least 1million people are now stuck at home - crippling many critical services with supermarket shelves emptying, trains canceled, bin collections axed, council services slashed and up to 25 percent of care home staff off work and one in ten NHS staff off sick....
https://knews.kathimerini.com.cy/en/news/a-bank-accidentally-paid-thousands-of-people-more-than-$175-million-on-christmas-day-due-to-a-technical-glitch
Santander UK is trying to recoup about $175 million (130 million pounds) that it accidentally transferred to customers on Christmas Day....
https://knews.kathimerini.com.cy/en/news/turkey-s-inflation-hits-a-19-year-high-of-36
Turkey’s yearly inflation climbed at the fastest pace in 19 years, jumping to 36.08% in December, official data showed on Monday....
https://knews.kathimerini.com.cy/en/business/reflections-on-20-years-of-the-euro
Twenty years ago on Saturday, around 300 million Europeans held a brand-new currency in their hands, the euro....
https://knews.kathimerini.com.cy/en/news/what-s-left-for-the-turkish-cypriot-economy-after-2021
Shortly before the pandemic began, Turks and foreign analysts warned of the effects of the Erdogan government's wrong moves and decisions on the economy....
https://knews.kathimerini.com.cy/en/news/ghislaine-maxwell-convicted-in-epstein-sex-abuse-case
The British socialite Ghislaine Maxwell was convicted Wednesday of luring teenage girls to be sexually abused by the American millionaire Jeffrey Epstein....
https://knews.kathimerini.com.cy/en/news/in-exodus-from-lebanon-the-well-off-find-new-home-in-cyprus
Many well-off Lebanese who escaped their country’s economic tailspin for a new life in the nearby island nation of Cyprus say the transition has been a whirlwind of emotions....
https://knews.kathimerini.com.cy/en/news/increase-in-deposits-decrease-in-loans
Deposits in November in Cyprus have increased while loans decreased, according to statistics released on Wednesday by the Central Bank....
https://knews.kathimerini.com.cy/en/news/syprodat-demands-response-from-central-bank-government-and-parliament-regarding-increased-charges
The Bank of Cyprus Borrower Association (SYPRODAT) is calling for an immediate response from the Central Bank of Cyprus, the Government and Parliament in relation to the increase of charges from the largest Cypriot banks....
https://knews.kathimerini.com.cy/en/news/vehicle-license-renewals-for-2022-begin-7th-of-january
The Department of Road Transport (TOM) announces the following, in relation to the renewal of vehicle registration licenses for the year 2022:...
https://knews.kathimerini.com.cy/en/business/loan-restructurings-in-the-cyprus-reached-almost-€2-billion-due-to-covid
Loan restructurings in the Cypriot banking system edged close to €2 billion in the first ten months of 2021, marking the highest figure according to Central Bank of Cyprus (CBC) records which began in end-2014....
https://knews.kathimerini.com.cy/en/business/consulco-opens-its-limassol-office
Consulco the investment manager with offices in London, Dubai, Moscow and Nicosia established its newest office in Limassol. ...
https://knews.kathimerini.com.cy/en/news/safe-pass-arrest-sheds-light-on-giant-loophole
A man at a local store in Limassol was arrested on Wednesday after police officers who asked to inspect his Safe Pass determined the document did not match his ID card, but not everyone is on the same page regarding secondary inspections at the door...
https://knews.kathimerini.com.cy/en/news/dubai-ruler-must-pay-ex-wife-$700m-in-divorce-settlement
A British court on Tuesday ordered the ruler of Dubai to pay his ex-wife and their children close to 550 million pounds ($730 million), in one of the most expensive divorce settlements in British history....
https://knews.kathimerini.com.cy/en/business/how-can-banks-use-smart-automation-to-improve-customer-service
In all industries, there are often many tasks that require the attention of employees, but do not fully utilize their skills, such as archiving, entering data or replying to a routine email....
https://knews.kathimerini.com.cy/en/news/turkish-lira-whiplashes-after-erdogan-moves-to-protect-savings
Turkey's lira rocketed back from record lows in volatile trading on Tuesday after Turkish President Tayyip Erdogan proposed measures to protect local currency savings against such swings....
https://knews.kathimerini.com.cy/en/news/turkish-lira-resumes-slide-to-17-5-against-the-dollar
The Turkish lira continued its freefall after President Recep Tayyip Erdogan rejected warnings from businesses about the dangers of recent interest rate cuts and vowed there was “no going back” from his approach....
https://knews.kathimerini.com.cy/en/business/voluntary-retirement
Bank of Cyprus announces the successful completion of a small-scale targeted voluntary retirement plan....
https://knews.kathimerini.com.cy/en/life/stasikratous-christmas-wonderland
The Municipality of Nicosia, RCB BANK and EPIC invite you to a fantastic all-day Christmas experience on the most beautiful street of the city, Stasikratous this weekend December 18 and 19....
