https://knews.kathimerini.com.cy/en/business/the-heart-of-the-ecb-beats-in-cyprus
The second consecutive visit of European Central Bank President Christine Lagarde in 2022 is certainly semantic. Apart from the visibility of Cyprus being the first visit by Central Bank Governors as part of the decision to visit a country on an annual basis to hold one of their meetings, two other readings emerge....
https://knews.kathimerini.com.cy/en/business/loan-interest-rates-rise-for-a-second-consecutive-month
Lending interest rates in Cyprus rose for a second consecutive month in August, with credit institutions pricing rate hikes by the European Central Bank and increased credit risk due to uncertainty and inflation pressures fuelled by the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/new-loans-drop-in-august-for-the-second-month-in-a-row
Net new lending granted by Cyprus Banks fell in August by €182.3 million, recording a decrease for the second month in a row....
https://knews.kathimerini.com.cy/en/news/lagarde-to-chair-ecb-governors-meeting-in-cyprus-this-week
Nineteen central bank governors from the EU countries are expected to arrive in Cyprus tomorrow. The Governing Council of the ECB decided to hold its non-monetary policy meeting in Cyprus which is scheduled on the 5th and 6th of October and will be chaired by the President of the ECB Christine Lagarde....
https://knews.kathimerini.com.cy/en/news/eu-countries-approve-energy-windfall-levies-turn-to-gas-price-cap
European Union countries agreed on Friday to impose emergency levies on energy firms’ windfall profits and began talks on their next move to tackle Europe’s energy crunch – possibly a bloc-wide gas price cap....
https://knews.kathimerini.com.cy/en/news/finance-minister-calls-for-prudency-to-safeguard-economy
Cypriot Minister of Finance Constantinos Petrides, stressed on Wednesday evening the need to be “even more careful” with the fiscal discipline in the new challenging era, while Central Bank Governor Constantinos Herodotou referred to the risk of new NPLs due to the challenging economic conditions....
https://knews.kathimerini.com.cy/en/business/september-newsletter-of-k-treppides-co-ltd-european-securities-and-markets-authority
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/iran-protests-continue-for-10th-night-at-least-41-dead
Iranians have taken to the streets for a 10th consecutive night to protest against the death of Mahsa Amini in defiance of a warning from the judiciary....
https://knews.kathimerini.com.cy/en/news/netflix-airs-film-on-cypriot-utopian-prison
The highly-anticipated NETFLIX documentary on Cyprus’ central prison aired this week, with the star of the series showing disbelief at the 'utopian' penitentiary that went from suicides to weddings under the direction of a reformist warden...
https://knews.kathimerini.com.cy/en/news/erdogan-convenes-meeting-to-discuss-sanctions-on-russia-in-possible-turnaround
Turkish President Tayyip Erdogan will convene a top-tier economy-focused meeting on Friday at which Russian payment system Mir and possible Western sanctions will be discussed, two sources with information on the matter told Reuters....
https://knews.kathimerini.com.cy/en/news/in-a-glorious-ceremony-queen-elizabeth-is-finally-laid-to-rest
In a glorious ceremony, Great Britain said a final farewell to Queen Elizabeth....
https://knews.kathimerini.com.cy/en/news/turkey-threatens-cyprus-and-east-med-security-over-arms-issue
Turkey has threatened Cyprus and the Eastern Mediterranean and condemned the United States after the US decided to lift an arms embargo on Cyprus....
https://knews.kathimerini.com.cy/en/news/russia-appoints-new-ambassador-to-cyprus
Murat Zyazikov, former President of the Russian Republic of Ingushetia, has been appointed as the new Russian Ambassador to Cyprus, according to a decree by the Russian President published on the official website of the Kremlin....
https://knews.kathimerini.com.cy/en/business/ecb-hikes-up-interest-rates-75-basis-points-to-1-25
The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday and signalled further hikes, prioritising the fight against inflation even as the bloc's economy is heading for a likely winter recession....
https://knews.kathimerini.com.cy/en/business/september-newsletter-of-k-treppides-co-ltd-european-banking-authority
A new issue is out from the newsletter by 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/study-children-born-from-frozen-embryos-are-more-likely-to-develop-cancer-later-in-life
Children that are born from embryos placed in frozen storage are at an increased risk of developing cancer, an alarming new study finds....
https://knews.kathimerini.com.cy/en/business/banks-imposing-stricter-lending-standards
Cyprus banks have tightened credit standards in the second quarter of 2022, while net new lending demand subsided, reflecting the geopolitical tensions and the uncertainty in the global economic environment, the Central Bank of Cyprus Bank Lending Survey for Q2 says....
https://knews.kathimerini.com.cy/en/business/euro-dollar-exchange-falls-to-a-20-year-low
The escalation of the energy crisis with Moscow's aggressive, albeit predictable, decision to close the Nord Stream 1 pipeline indefinitely has led to a new fall in the euro, this time below 99 cents on the dollar....
https://knews.kathimerini.com.cy/en/news/presidential-candidates-on-the-move-as-campaign-heats-up
The presidential election campaign trail over the weekend ended with the Cyprus Green Party deciding next month on the name of the presidential candidate it will support. ...
https://knews.kathimerini.com.cy/en/news/greece-bishop-says-women-who-get-raped-want-it
An Orthodox bishop has been universally condemned for saying that women who are raped “want it.”...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-announces-€50m-net-profit-in-first-half-of-2022
Bank of Cyprus announced a profit after tax amounting to €50 million for the first half of 2022, setting its sights on dividend distribution in 2023, for the first time since 2011, depending on market conditions and regulatory approvals....
https://knews.kathimerini.com.cy/en/news/gorbachev-who-steered-soviet-breakup-dead-at-91
Mikhail Gorbachev, who set out to revitalize the Soviet Union but ended up unleashing forces that led to the collapse of communism, the breakup of the state and the end of the Cold War, died Tuesday. The last Soviet leader was 91...
https://knews.kathimerini.com.cy/en/news/sixty-one-migrants-arrived-in-paralimni-by-boat-from-the-occupied-territories
A total of 61 people, men, women and children, irregular migrants, arrived from the occupied territories by boat to the free areas, specifically to the area of Agia Triada in Paralimni....
https://knews.kathimerini.com.cy/en/news/cyprus-scrambles-to-block-hostile-takeover-of-bank
The government in the Republic of Cyprus is racing against the clock to arm itself with legal tools to prevent a takeover of the country’s biggest bank by an American private equity firm, which has until next month to submit a final offer that some shareholders may find hard to resist...
https://knews.kathimerini.com.cy/en/news/moderna-sues-pfizer-for-patent-infringement
Moderna on Friday filed patent infringement lawsuits against Pfizer and BioNTech "for infringing patents central to (its) mRNA technology platform," the company said in a news release Friday....
https://knews.kathimerini.com.cy/en/news/deposits-and-loans-decrease-in-july
In July 2022, total deposits reached €51.2 billion and total loans €28.6 billion, recording a net decrease, compared to June. This is what data on Monetary and Financial Institutions' deposits and loans show,...
https://knews.kathimerini.com.cy/en/news/thanks-to-the-drought-dinosaur-prints-old-bones-and-hunger-stones-are-resurfacing
Europe is experiencing its worst drought in at least 500 years. Landscapes across Europe and beyond are being altered as forest fires, melting glaciers and other disasters threaten to wipe out entire regions....
https://knews.kathimerini.com.cy/en/news/brazen-robberies-in-broad-daylight-increase-in-london-video
Knife-wielding moped robbers are exploiting the longer days and busier streets to target West End shoppers in a crimewave that has seen hundreds of designer watches stolen this year, police have warned....
https://knews.kathimerini.com.cy/en/news/ukrainians-celebrate-their-independence-day-as-war-rages-on
The Ukrainian Ambassador to Cyprus, Ruslan Nimchynskyi, expressed the Ukrainian embassy's and the Ukrainian community’s gratitude to Cyprus and other countries for the solidarity exhibited in an event that took place on Wednesday on the occasion of the 31st anniversary of Ukraine’s Independence....
https://knews.kathimerini.com.cy/en/news/cyprus-government-and-akel-in-war-of-words-over-audit-report
A war of words has broken out between the Cyprus Government and AKEL party regarding the Audit Service's report on the Cyprus Investment Program....
