https://knews.kathimerini.com.cy/en/news/cyprus-witnesses-356-bounced-cheques-yet-a-€1-7m-surge
In a recent disclosure, the Cyprus Central Bank unveiled a decrease in the issuance of uncovered checks during 2023, reporting a total of 356 compared to the previous year's 473.
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https://knews.kathimerini.com.cy/en/news/kursat-rejects-extradition-request-in-greek-cypriot-land-dispute
In a recent development, the extradition case of Turkish Cypriot lawyer Kursat has been adjourned until February 6 by a court in Rome....
https://knews.kathimerini.com.cy/en/news/makis-keravnos-voices-concerns-over-geopolitical-developments
The global supply chain disruption and its economic impact on Europe and the world have raised concerns among Europeans....
https://knews.kathimerini.com.cy/en/comment/opinion/can-cyprus-withstand-yet-another-crisis
The recent Houthi attacks on commercial vessels navigating the Red Sea have triggered another disturbance in the intricate web of the global supply chain...
https://knews.kathimerini.com.cy/en/news/1-non-performing-loans-hold-steady-at-€2b-amid-rising-rates
Non-performing loans in the Cyprus banking system remained essentially unchanged at €2 billion in October 2023, marking a marginal reduction of just €2 million, in an environment of rising interest rates....
https://knews.kathimerini.com.cy/en/news/turkey-implements-vessel-traffic-system-in-occupied-territories
Turkey is taking steps to bolster maritime security in the occupied territories with the implementation of a ''Vessel Traffic Service System.''...
https://knews.kathimerini.com.cy/en/news/central-bank-chief-cautions-on-early-rate-cuts-amid-global-tensions
Central Bank Governor and European Central Bank (ECB) member Constantinos Herodotou stated that discussions regarding interest rate reductions are premature, given ongoing geopolitical conflicts and potential disruptions in the supply chain arising from tensions in the Red Sea....
https://knews.kathimerini.com.cy/en/news/high-stakes-legal-battle-rocks-cyprus
In a significant development, Cypriot lawyer Akan Kirsiat, currently under arrest in Rome, is set to decide today on his extradition to the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/one-killed-twelve-injured-in-israel-attack
In a tragic incident in Ra'anana, central Israel, a terror attack involving stolen vehicles has claimed one life and left at least 12 individuals injured, according to emergency services....
https://knews.kathimerini.com.cy/en/business/one-stop-shipping-centre-launched-to-boost-competitiveness
The One Stop Shipping Centre has set sail in Cyprus, marking a significant development for the Cypriot shipping industry. Launched by the Deputy Ministry of Shipping under the President of the Republic,...
https://knews.kathimerini.com.cy/en/news/europe-faces-weak-growth-amid-global-uncertainty
In a comprehensive survey released today, leading economists express apprehension about the global economy, anticipating a year of sluggish growth, primarily attributed to geopolitical conflicts, challenging financing conditions, and the impact of artificial intelligence. ...
https://knews.kathimerini.com.cy/en/news/lagarde-trump-clearly-a-threat-to-europe
According to a report in the Financial Times today, ECB President Christine Lagarde expressed concern over the potential re-election of Donald Trump as US president, stating that it is 'clearly a threat' to Europe based on his policies during his first term....
https://knews.kathimerini.com.cy/en/news/houthi-rebels-reject-us-maritime-shield-typhoon-aircraft-take-off-from-akrotiri
As the sun sets over the Akrotiri base in Cyprus, a celestial dance unfolds. Two pairs of Typhoon FGR4 aircraft, gracefully reported by British TV channels, take flight....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-releases-the-cyprus-tax-facts-guide-2024
EY Cyprus is delighted to announce the release of the latest edition of the Cyprus Tax Facts guide for the year 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-real-estate-booms-in-q3-2023
Cyprus experienced a real estate boom in the third quarter of 2023, with housing prices soaring and a surge in demand from both domestic and foreign buyers, according to data released by the Central Bank of Cyprus (CBC) on Wednesday....
https://knews.kathimerini.com.cy/en/business/london-airbnb-offers-snore-and-explore-tents-for-£38-night
In a bid to tackle London's escalating rental prices, an enterprising Airbnb owner is providing an unconventional accommodation option......
https://knews.kathimerini.com.cy/en/news/african-migrants-pivot-to-u-s-amid-europe-s-closing-doors
As Europe tightens its immigration policies, an increasing number of African migrants are setting their sights on the United States for a fresh start....
https://knews.kathimerini.com.cy/en/news/cold-spell-expected-to-hit-greece-by-saturday
With low temperatures on Wednesday, a new cold spell will peak on Saturday without many extreme phenomena, according to meteorologists.
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https://knews.kathimerini.com.cy/en/news/global-economy-faces-worst-5-year-period-in-30-years
The World Bank projects a sluggish global economy from 2020 to 2025, marking the worst five-year period in the last three decades....
https://knews.kathimerini.com.cy/en/news/un-s-new-special-envoy-heads-to-cyprus-in-early-february
Unless something unexpected happens, Maria-Angela Kouegiar is expected to arrive in Cyprus in the first ten days of February after the formal renewal of the mandate of the UN peacekeeping force in Cyprus (UNFICYP) by the Security Council (SC) of the organization on January 30....
https://knews.kathimerini.com.cy/en/news/missiles-filled-with-water-spark-corruption-scandal
China's army fielded missiles filled with water instead of fuel and arrays of silos with improper lids — examples of military corruption that led to a dramatic purge of top officials, Bloomberg reported, citing US intelligence....
https://knews.kathimerini.com.cy/en/business/eu-implements-new-vat-transparency-rules-targeting-e-commerce-fraud
The EU’s new transparency rules against Value-Added Tax (VAT) fraud have come into effect starting on January 1st, the European Commission has announced....
https://knews.kathimerini.com.cy/en/news/finland-and-sweden-hit-40°c-breaking-winter-records
In an unprecedented turn of weather events, Finland and Sweden were plunged into the depths of winter as temperatures hit a bone-chilling minus 40 degrees Celsius, marking the coldest recorded temperatures of the season.
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https://knews.kathimerini.com.cy/en/business/cyprus-grapples-with-lingering-private-debt-woes
In Cyprus, the European Commission consistently highlights the significant economic challenge of private debt through regular post-program or post-memorandum reports....
https://knews.kathimerini.com.cy/en/news/tragic-turn-for-infant-found-unconscious-in-larnaca-nursery
In a heart-wrenching incident, police are actively gathering statements from both the family and the nursery in the Larnaca district where a five-month-old infant was discovered unconscious, losing the battle for life on December 29....
https://knews.kathimerini.com.cy/en/news/1-massive-quake-strikes-japan-on-new-year-s-day-leaving-48-dead
In a devastating turn of events, at least 48 people have lost their lives following a powerful earthquake that rocked the central coast of Japan on New Year's Day....
https://knews.kathimerini.com.cy/en/news/cypriots-opt-for-overseas-new-year-celebrations
Many Cypriots are traveling abroad this year for the New Year, choosing as destinations mostly Greece and the United Kingdom, but also Central European countries, the President of the Association of Travel Agents (ACTA) Haris Papacharalambous has told CNA....
https://knews.kathimerini.com.cy/en/news/prison-guard-arrested-in-nicosia-drug-case
In a recent development in Nicosia, a prison guard employed at the Central Prisons was apprehended in connection with a drug-related case....
https://knews.kathimerini.com.cy/en/business/as-2023-ends-banks-and-unions-lock-horns-on-pay-structures
The banks and bank employees' unions are at odds over labor issues and the signing of new collective agreements. As we approach the end of 2023, no significant progress has been made in renewing collective agreements during the outgoing year....
https://knews.kathimerini.com.cy/en/news/pafos-polis-chrysochous-motorway-construction-continues-amid-contractual-discussions
The risk of halting construction on the Pafos-Polis Chrysochous motorway has been temporarily averted. In recent days, the construction company formally submitted a series of requests in a letter to the Department of Public Works and the Ministry of Transport,...
