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%....
https://knews.kathimerini.com.cy/en/news/athens-snowstorm-causes-traffic-chaos-shuts-schools-and-shops
Heavy snowfall and plummeting temperatures shut schools and shops in the Greek capital on Monday, with many public services and businesses switching to remote working....
https://knews.kathimerini.com.cy/en/news/deadly-earthquake-in-turkey-syria-felt-in-cyprus
A major earthquake of magnitude 7.9 struck central Turkey and northwest Syria on Monday, killing scores of people and injuring hundreds as buildings collapsed, and triggering searches across the snowy region for survivors trapped in rubble...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-at-the-crossroads
South African citizens/voters had two choices in deciding their country's future in 1990. The first option was to maintain the status quo, which would have resulted in a major civil war that would have destroyed the country and resulted in many deaths....
https://knews.kathimerini.com.cy/en/news/cyprus-records-another-prison-death-as-suicide
Officials in Nicosia Central Prisons in the Republic of Cyprus went on alert on Friday following the death of an inmate, whose body was found hanged in the shower...
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/news/criticism-and-unknowns-emerge-in-latest-prison-death
Cyprus Police have not ruled out foul play in the death of a British inmate, who was found hanged last Friday, while reports suggested the case was filled with conflicting information including a suggestion that no effort had been made to resuscitate...
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/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/business/limassol-could-still-have-another-8-000-apartments
As the demand for real estate in city centers has increased in recent years, Ask Wire's research identifies many parcels of land in the central areas of Cypriot cities that are either underutilized or only partially utilized. ...
https://knews.kathimerini.com.cy/en/news/eu-wants-to-send-migrants-back-to-their-country-of-origin
European Union migration ministers meet on Thursday to discuss visa restrictions and better coordination inside the bloc to be able to send more people with no right to asylum in Europe back to their home countries including Iraq....
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/ukraine-resignations-abound-amid-corruption-allegations
Ukraine's leadership appears to be in disarray, with corruption allegations, resignations of close associates of President Volodymyr Zelensky, and the president himself undergoing a wide-ranging reshuffle of his government staff....
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/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/news/lavrov-gives-reporter-a-mouthful-after-cyprus-question
A question asked by a Greek reporter was met with a long-drawn-out response from Russian Foreign Minister Sergey Lavrov, who suggested European leaders were 'hasty' in their support for Kiev including traditional friends Greece and Cyprus who followed American advice...