https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/news/turkey-s-central-bank-reports-2023-loss-of-818-2b-lira
Turkey’s central bank posted a 2023 loss of 818.2 billion lira ($25.25 billion), showed its balance sheet published in the Official Gazette on Sunday, on the back of steep loss stemming from the “KKM” foreign exchange-protected deposit scheme....
https://knews.kathimerini.com.cy/en/business/what-economic-headlines-are-making-waves-this-week
Amidst a backdrop of economic shifts and global challenges, a series of key developments are shaping the financial landscape. ...
https://knews.kathimerini.com.cy/en/news/gaza-crisis-deepens-as-hamas-rejects-ceasefire
Hamas said it had handed its response to mediators in Egypt and Qatar. It said any agreement must end Israel's war in Gaza.
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https://knews.kathimerini.com.cy/en/news/foreign-minister-syria-s-situation-key-to-migrant-crisis
In an exclusive interview with Kathimerini's Yiannis Ioannou, Cyprus Minister of Foreign Affairs Constantinos Kombos discussed the humanitarian and political challenges surrounding the migrant crisis in Cyprus, shedding light on several critical issues:...
https://knews.kathimerini.com.cy/en/news/lagarde-signals-eurozone-interest-rate-drop-in-june
The President of the European Central Bank, Christine Lagarde, has hinted at the possibility of a rate cut in June, citing the need for more data......
https://knews.kathimerini.com.cy/en/news/european-elections-add-twist-to-cyprus-polls
On June 9, Cyprus goes to the polls in the most complicated elections in its history as the European elections and the local government elections are held in parallel, following the reform passed by the Parliament....
https://knews.kathimerini.com.cy/en/news/israeli-defense-on-high-alert-amid-iran-s-48-hour-warning
A US official is quoted as saying that Israel is preparing for a direct attack from Iran — “possibly on Israeli soil” — in the next 24 to 48 hours, citing American intelligence reports.
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https://knews.kathimerini.com.cy/en/comment/opinion/gaza-s-wounds-deepen-amidst-humanitarian-crisis
The ongoing conflict in Gaza offers little novelty to seasoned observers of conflicts, especially within the tumultuous landscape of the Middle East's Arab-Israeli tensions....
https://knews.kathimerini.com.cy/en/news/1-ecb-president-welcomes-cyprus-s-new-central-bank-governor
The President of the European Central Bank Christine Lagarde welcomed on Thursday the new Governor of the Central Bank of Cyprus Christodoulos Patsalides to the ECB Governing Council....
https://knews.kathimerini.com.cy/en/news/netflix-vs-the-world-unraveling-the-future-of-streaming-wars
In the rapidly evolving landscape of streaming services, industry titans are facing a pivotal moment as they navigate through a period of consolidation and uncertainty. ...
https://knews.kathimerini.com.cy/en/news/john-malkovich-shines-in-the-infamous-ramires-hoffman-at-the-cyprus-theatre-festival
Renowned actor John Malkovich and acclaimed pianist Anastasya Terenkova are set to captivate audiences with their production of "The Infamous Ramires Hoffman" at the Cyprus International Theatre Festival....
https://knews.kathimerini.com.cy/en/news/government-ramps-up-digital-services-with-new-mobile-app
The government works on two levels concerning the roll out of Digital Citizen, namely the upgrading of the government portal gov.cy......
https://knews.kathimerini.com.cy/en/news/get-your-tickets-now-for-the-green-agenda-cyprus-summit-2024
Digital Agenda Cyprus Summit and the KATHIMERINI newspaper are proud to present the organization of the "Green Agenda Cyprus Summit" on May 20....
https://knews.kathimerini.com.cy/en/news/us-transfers-seized-iranian-arms-to-aid-ukraine-s-defense
US Central Command (CENTCOM) revealed on Tuesday that the United States has transferred a substantial arsenal, including machine guns, sniper rifles, rocket launchers, and ammunition, seized from Iran to Ukraine....
https://knews.kathimerini.com.cy/en/news/hatzigiannis-the-social-responsibility-of-banks-is-non-existent
Members of the Commerce Committee voiced disappointment following the responses provided by bank representatives regarding the installation of additional automatic teller machines (ATMs) to facilitate money withdrawals in communities....
https://knews.kathimerini.com.cy/en/news/cbc-governor-faces-toughest-banking-challenges-yet
A new dawn breaks with the appointment of Mr. Christodoulos Patsalides as the Central Bank of Cyprus's new governor, heralding both promise and challenge....
https://knews.kathimerini.com.cy/en/news/finance-ministry-urges-applicants-for-2013-haircut-compensation
The Cyprus Finance Ministry is calling on all individuals and entities affected by the 2013 Cyprus bailout to submit their electronic applications for participation in the "Replenishment Scheme of the National Solidarity Fund."...
https://knews.kathimerini.com.cy/en/news/president-christodoulides-hails-financial-progress-with-new-cbc-governor
The appointment ceremony for the new governor of the Central Bank of Cyprus, Mr. Christodoulos Patsalides, occurred this morning at the Presidential Palace, with the President of the Republic, Mr. Nikos Christodoulides, in attendance....
https://knews.kathimerini.com.cy/en/business/april-newsletter-of-k-treppides-co-ltd-cyprus-securities-and-exchange-commission
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...
https://knews.kathimerini.com.cy/en/news/tonight-s-total-solar-eclipse-promises-to-mesmerize-the-sky
Today, on Monday, April 8, a celestial spectacle is set to unfold across vast swathes of North and Central America as a total solar eclipse takes center stage.
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https://knews.kathimerini.com.cy/en/news/patsalides-steps-up-as-central-bank-governor
President Nikos Christodoulides, exercising his constitutional powers, has decided to appoint Dr. Christodoulos Patsalides as the Governor of the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-records-€575-5-million-in-new-loans
Cyprus recorded a significant increase in total new loans in February, reaching €575.5 million, up from €462.7 million in the previous month. This surge was primarily driven by a notable rise in loans granted to companies, totalling approximately €130 million, according to data released by the Central Bank of Cyprus (CBC).
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https://knews.kathimerini.com.cy/en/comment/opinion/israel-s-dual-strikes-incite-global-concern
The recent Israeli strikes on a humanitarian organization in Gaza and the Iranian consulate in Damascus on April 1st are sending shockwaves through the already volatile region.
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https://knews.kathimerini.com.cy/en/news/green-agenda-summit-gears-up-for-may-20
Digital Agenda Cyprus Summit and the KATHIMERINI newspaper are proud to present the organization of the "Green Agenda Cyprus Summit" on May 20....
https://knews.kathimerini.com.cy/en/news/dr-cameron-hepburn-leads-charge-at-green-agenda-cyprus-summit
Cameron Hepburn is the Battcock Professor of Environmental Economics at the Smith School of Enterprise and the Environment at Oxford. He is also the program......
https://knews.kathimerini.com.cy/en/news/cyprus-revamps-school-curriculum-to-address-financial-literacy-gap
In response to concerns over low financial literacy rates among Cypriots, highlighted in studies including the Central Bank's 2021 report, efforts to address the issue have been reignited. ...
https://knews.kathimerini.com.cy/en/news/humanitarian-aid-ships-return-to-cyprus-after-gaza-bombardments
Three ships carrying humanitarian aid for Gaza civilians, part of the ''Amalthea'' initiative, have returned to Cyprus following Israeli bombardments that claimed the lives of seven members of the NGO World Central Kitchen involved in the effort....
https://knews.kathimerini.com.cy/en/news/€26-340-in-bounced-checks-in-march
In March 2024, a total of 15 bad cheques, amounting to €26,340, were issued, with 6 individuals (5 legal entities and 1 natural person) being listed in the preliminary registry of the Central Information Register (CIR) for dishonoured cheques.
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https://knews.kathimerini.com.cy/en/news/authorities-stumped-on-declared-cash
The question of the whereabouts of over 90 million euros in cash allegedly spent by travelers arriving in Cyprus through Larnaca and Paphos airports in the last 15 months remains unanswered by competent state authorities....