https://knews.kathimerini.com.cy/en/news/rain-snow-and-sleet-expected-in-the-mountains-as-temps-drop
Today, after the dissipation of low clouds and fog in the morning, mostly clear weather is expected, though locally, increasing clouds may occur. In the afternoon, ...
https://knews.kathimerini.com.cy/en/news/bank-deposits-increase-by-€357-1-million-in-february
Total deposits in February 2023 recorded a net increase of €357.1 million, compared with a net decrease of €583,8 million in January 2023....
https://knews.kathimerini.com.cy/en/news/keravnos-urges-banks-to-restructure-loans-and-keep-rates-low
Cyprus Finance Minister Makis Keravnos has urged banks to restructure loans, maintain low lending rates and bank charges, and increase deposit rates in light of continued basic rate hikes by Central Banks. He warned that otherwise the government "would make different thoughts."...
https://knews.kathimerini.com.cy/en/news/saudi-national-bank-president-resigns
The chairman of Saudi National Bank, which was the main shareholder of Credit Suisse before its takeover earlier this month, has resigned, according to a statement published on the Saudi stock exchange....
https://knews.kathimerini.com.cy/en/business/real-estate-investment-opportunities-by-astrobank
Houses, building plots, agricultural, commercial, and industrial real estate, in many areas of Cyprus...
https://knews.kathimerini.com.cy/en/business/cbc-estimates-gdp-growth-at-2-6-in-2023
The Central Bank of Cyprus (CBC) has marginally upgraded its projections for GDP growth this year citing the slightly improved prospects in the external economic environment and the anticipated lower energy prices, amid the continued war in Ukraine....
https://knews.kathimerini.com.cy/en/news/cyprus-to-open-4-new-embassies-this-year
Cyprus' diplomatic presence abroad is being upgraded with the reopening or the opening of four embassies in 2023....
https://knews.kathimerini.com.cy/en/news/herodotus-to-banks-on-restructuring-interest-rates-and-transparency-in-charges
The Governor of the Central Bank, Constantinos Herodotou, emphasized to the Senior Executive Directors of licensed credit institutions the importance of the timely provision of viable restructurings, as well as the assessment of their data regarding the level of their deposit rates....
https://knews.kathimerini.com.cy/en/news/travel-between-us-and-europe-increased-by-87-in-february-2023
The recent data released from the International Trade Administration (ITA) has revealed that international air travel to and from the United States and Europe saw an increase of 87.1 percent in February 2023,...
https://knews.kathimerini.com.cy/en/news/austrian-chancellor-calls-for-very-high-walls-at-eu-borders
Austrian Chancellor Karl Nehammer has demanded that the EU external border should be fenced by a high wall in an effort to curb illegal migration as more refugees are coming to Europe....
https://knews.kathimerini.com.cy/en/news/cyprus-banking-system-ready-to-absorb-shocks
Tasos Yasemidis, an economist, spoke to "SPOR FM 95.0" and the "DIASPORA NEWS" show about the deal for the acquisition of Swiss bank Credit Suisse by UBS and how it affects the banking sector in Cyprus, ...
https://knews.kathimerini.com.cy/en/news/ubs-steps-in-to-buy-rival-credit-suisse
Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal...
https://knews.kathimerini.com.cy/en/news/proposed-bill-gives-women-easy-access-to-medically-assisted-reproduction
The House Health Committee of Cyprus has discussed a bill amending the law on medically assisted reproduction....
https://knews.kathimerini.com.cy/en/news/eurostat-women-continue-to-outlive-men-in-cyprus
In 2021, life expectancy at birth was 81.3 years in Cyprus and 80.1 years in the EU according to data published by Eurostat....
https://knews.kathimerini.com.cy/en/business/ecb-raises-interest-rates-again-by-5-percentage-points
At noon on Thursday, the European Central Bank (ECB) confirmed that it would stick to its tactics to tackle inflation by announcing a 50 basis point hike....
https://knews.kathimerini.com.cy/en/news/credit-suisse-borrows-more-than-$50-billion-from-swiss-national-bank
Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....
https://knews.kathimerini.com.cy/en/news/deportation-scheme-agreed-upon-by-eu-interior-ministers-in-secret
A report published by Statewatch and Heinrich Böll Stiftung has revealed that the European interior ministers signed a secret joint statement last year that committed EU/Schengen Area countries to increase financial as well as material support for deportations from the Balkans....
https://knews.kathimerini.com.cy/en/business/march-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/news/kedipes-interest-subsidies-for-good-loans-in-2023
As a reward for borrowers who stick to the repayment schedule of their credit facilities for the year 2023, KEDIPES is moving forward with an interest subsidy for restructured credit facilities that have the ECB base rate as their base rate....
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...
