https://knews.kathimerini.com.cy/en/news/banks-around-the-world-feel-force-of-svb-fallout
U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the collapses of Silicon Valley Bank and Signature Bank forced regulators to step in with emergency measures....
https://knews.kathimerini.com.cy/en/news/hsbc-buys-failed-silicon-valley-bank-in-bid-to-stem-fallout
Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....
https://knews.kathimerini.com.cy/en/news/foreclosure-sales-to-restart-after-parliamentary-vote
The House of Representatives voted 22 to 18 against a proposal for a new three-month suspension of foreclosure sales, which had been tabled in the form of an emergency bill....
https://knews.kathimerini.com.cy/en/news/hate-speech-rampant-in-cyprus-despite-progress
Hate speech affecting several groups remains widespread in the Cypriot public discourse, the European Commission against Racism and Intolerance (ECRI) said on Tuesday in a report on Cyprus. ...
https://knews.kathimerini.com.cy/en/news/eu-sending-experts-to-help-greece-improve-rail-safety
The European Union is sending experts to Athens this week to help the country improve safety on its rail system in the wake of last week’s deadly collision between two trains in central Greece...
https://knews.kathimerini.com.cy/en/news/dicarlo-to-swing-by-divided-cyprus
UN Under-Secretary-General for Political and Peacebuilding Affairs, Rosemary DiCarlo, will visit Cyprus next week to hold meetings with President of the Republic, Nikos Christodoulides, and Turkish Cypriot leader, Ersin Tatar, CNA has learned...
https://knews.kathimerini.com.cy/en/news/cypriot-house-speaker-calls-out-kompromat-post
Cyprus Police announced extra security measures on Monday for the House Speaker and members of her family, following the emergence of allegations on social media regarding a drug arrest cover-up and fake news counter claims from the top legislator...
https://knews.kathimerini.com.cy/en/business/cbc-number-of-bounced-checks-increase-in-february
A total of 38 bounced cheques have been registered in the Central Information Registry (CIR) for dishonored cheques in February, compared with 23 in January, the Central Bank of Cyprus (CBC) said on Monday....
https://knews.kathimerini.com.cy/en/news/saudi-arabia-puts-$5-billion-into-turkish-central-bank
Saudi Arabia said Monday it deposited $5 billion into the Turkish central bank, likely helping Ankara firm up its long-weakening currency, the lira, after last month’s massive earthquake that struck southeast Turkey and northern Syria....
https://knews.kathimerini.com.cy/en/business/world-s-most-expensive-home-up-for-sale
London’s most expensive home is up for sale, according to Quartz. Set on four private acres in Regent Park, one of the city’s eight royal parks, the home’s reported asking price is about $300 million, or £250 million....
https://knews.kathimerini.com.cy/en/news/larissa-station-master-jailed-pending-trial
The station master at Greece's Larissa railway station was detained pending trial on Sunday, his lawyer said, on charges related to the country's deadliest train crash on record...
https://knews.kathimerini.com.cy/en/news/island-bids-farewell-to-cypriot-victims-of-greek-rail-disaster
The remains of two young Cypriots who perished in Greece’s deadly rail disaster arrived on the island on Sunday, with both families of the victims requesting a media blackout as they bid farewell to their children...
https://knews.kathimerini.com.cy/en/news/lower-deposit-and-mortgage-interest-rates
The interest rates for household deposits and housing loans slightly decreased in January, while interest rates for non-financial corporations increased, according to data published by the Central Bank of Cyprus on Friday. These statistics are included in the February 2023 Monetary and Financial Statistics edition....
https://knews.kathimerini.com.cy/en/news/cbc-deposits-and-loans-decreased-in-january
Deposits and loans recorded a net decrease this January, according to data published by the Central Bank of Cyprus on Tuesday....
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/another-earthquake-in-turkey-today-also-felt-in-cyprus
An earthquake of magnitude 5.5 was recorded in central Turkey and was also felt in Cyprus, the Euro-Mediterranean Seismological Centre (EMSC) said....
https://knews.kathimerini.com.cy/en/news/the-cabinet-s-decision-on-akamas-published-today
The Akamas Local Plan, prepared by the Minister of Interior, was published by K after being approved by the Council of Ministers....
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/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/deadlock-could-be-broken-if-eu-takes-the-lead-says-christodoulides
The deadlock could break if the EU undertakes a central role in efforts to solve the Cyprus problem, President-elect, Nikos Christodoulides, said on Monday evening....
https://knews.kathimerini.com.cy/en/news/biden-makes-surprise-visit-to-ukraine
US President Joe Biden is in the capital of Ukraine, Kyiv, according to the BBC and Ukrainian media....
https://knews.kathimerini.com.cy/en/news/blinken-in-athens-to-shore-up-ukraine-effort
US Secretary of State Antony Blinken will be in Athens on February 20-22 to meet with the country’s leadership and launch the fourth round of the US-Greece Strategic Dialogue. The US official’s trip comes after a visit to Turkey, where he pressed NATO expansion...
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/rescuers-work-through-night-as-hopes-fade-for-survivors
Rescuers worked through the night to rescue people clinging to life beneath the rubble eight days after Turkey's worst earthquake in modern history but hopes of finding many more survivors were fading on Tuesday...
https://knews.kathimerini.com.cy/en/news/another-briton-jailed-for-sex-crimes-dies-in-cyprus
A convicted sex offender who was serving a prison sentence in Cyprus died on Friday, marking the second death of a British national within the island’s penitentiary system this year in connection with sex crimes...
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/woman-dies-after-giving-birth-under-earthquake-rubble-in-syria
As rescue teams, including Greeks, continue to fight a superhuman battle to find those trapped under the debris, there are so many shocking stories that have been documented after the earthquake in Turkey and Syria left thousands dead....
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%....
