https://knews.kathimerini.com.cy/en/news/foreclosures-on-primary-residences-suspended-until-february-2023
The Association of Credit Acquisition Companies and Credit Facilities Managers (SEDP) announced on Thursday the suspension of foreclosures on the primary residences of vulnerable borrowers until February 2023. ...
https://knews.kathimerini.com.cy/en/business/looking-for-a-strategy-to-suspend-foreclosure-sales
To protect vulnerable borrowers and stop the economy from being impacted by decisions that could harm its integrity, a strategy for the new potential three-month suspension of foreclosure sales is being sought.
...
https://knews.kathimerini.com.cy/en/business/firm-of-the-year-2022-specialist-sector
K. Treppides & Co Ltd, the Largest Independent Consultant, and a Cyprus based international firm, was awarded as the EAI Specialist Sector ''Firm of the year 2022'', by EAI International which is recognized internationally including US and Canada....
https://knews.kathimerini.com.cy/en/business/loans-are-increasing-as-interest-rates-rise
New loans provided by Cypriot banks rose by €217 million in September compared with August, driven mainly upwards by corporate loans over €1 million which rose by 127.6 million....
https://knews.kathimerini.com.cy/en/business/announcement-appointment-of-principal-and-senior-managers-in-k-treppides-co-ltd
The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. We are pleased to announce the appointment of the following members on the Board of Management effective as of 1 November 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-made-when-to-expect-the-branded-products
Local products can now be branded as Cypriot-made. After a year of work, consultations, and procedures, as well as research into international examples, a new brand name for Cypriot products has been developed: Cyprus Made - Unique by origin....
https://knews.kathimerini.com.cy/en/business/october-newsletter-of-k-treppides-co-ltd-eba
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/digital-controversies
The three front-runners for the presidency of the republic laid out their objectives and ideas for tackling various issues and the nation's shift to a digital economy....
https://knews.kathimerini.com.cy/en/news/government-offers-cash-for-whistleblower-s-torched-cars
The transport minister in the Republic of Cyprus has been credited with a Cabinet decision to compensate a state employee, whose family vehicles were torched after he blew the whistle on a car sales scam...
https://knews.kathimerini.com.cy/en/news/the-most-visited-website-in-cyprus-according-to-the-internet-s-world-map
Most people are probably aware that Google is the most popular website on the planet. YouTube and Facebook are close behind. But what comes after that?...
https://knews.kathimerini.com.cy/en/news/how-much-loan-can-a-couple-with-an-income-of-€2-000-get
Housing loans are an issue that inevitably affects a large number of young couples. Because housing prices have skyrocketed while wages have remained stagnant, the need for housing leads to borrowing....
https://knews.kathimerini.com.cy/en/news/the-future-of-the-banking-sector-is-digital-green-and-social
The future of the banking sector is digital, green and social, said the participants at the 3rd online FMW Conference, titled "Banking System: New Challenges and Opportunities". The Conference also highlighted the contrast between trying to tame inflation by raising interest rates and supporting vulnerable groups to avoid social unrest....
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/investigating-russian-remittances-to-mount-athos
The Money Laundering Authority is investigating suspicious money transfers from abroad to the individual accounts of monks on Mount Athos....
https://knews.kathimerini.com.cy/en/news/ask-wire-index-apartments-lead-the-way-in-sale-and-rent-price-hikes-in-q2
Ask WiRE, a company combining real estate know-how with technology has published its Q2 2022 edition of the Ask WiRE Index for property sale and rental values. The Ask WiRE Index covers all districts and main property types, with values from Q4 2009....
https://knews.kathimerini.com.cy/en/news/two-turkish-banks-suspend-russian-mir-payments-after-u-s-sanctions
Turkish lenders Isbank and Denizbank have suspended the use of the Russian payment system Mir, the banks said on Monday, following a U.S. crackdown on those accused of helping Moscow skirt sanctions over the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/metsola-has-full-plate-as-she-flies-to-cyprus
European Parliament President Roberta Metsola is flying for an official visit to Cyprus, where years ago she spent time as a college student, but this short trip is packed with hot button issues for Europe’s youngest-ever speaker...
https://knews.kathimerini.com.cy/en/news/eu-plans-to-cap-gas-prices-risking-cutoff-from-russia
The European Union proposed a price cap on Russian gas on Wednesday hours after President Vladimir Putin threatened to halt all supplies if they took such a step, raising the risk of rationing in some of the world’s richest countries this winter....
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/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/broken-fortress-discovered-under-mega-monument-burial-mound-in-cyprus
Archaeologists excavating an enormous ancient burial mound in Cyprus have uncovered an even older structure hidden beneath it: a rampart, or part of a defensive wall, according to a statement from the Department of Antiquities Cyprus....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-now-is-a-good-time-to-follow-the-simple-rule-of-28-36
Rising prices have been a major topic of discussion over the past few weeks. In essence, however, little can be done by individuals to mitigate the effects of rising fuel and commodity prices on a global scale....
https://knews.kathimerini.com.cy/en/news/lawyer-in-soldier-murder-cover-up-raises-stakes
A high-powered attorney in Cyprus representing the family of a soldier, whose death initially ruled a suicide has been updated to murder, has hinted at lawsuits if prosecutors fail to go after the perpetrators...
https://knews.kathimerini.com.cy/en/business/national-credit-bureaus-crucial-in-assessing-consumer-creditworthiness
The need to assess a borrower's creditworthiness and capacity through the use of national credit bureaus was highlighted at an annual conference held by the European Association of Credit Bureaus “ACCIS” in Brussels in the past month....
https://knews.kathimerini.com.cy/en/news/deposit-interest-rates-remained-close-to-zero-levels-in-june
Deposit interest rates remained at close to zero levels in June with lending rates showing small variations, according to data released on Tuesday by the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/business/consulco-s-london-credit-fund-keeps-making-4-p-a-for-its-euro-investors
Consulco’s London Credit Fund has been reaching and exceeding its annualized target return of 4,00% on Euro since its inception. ...
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-5-with-further-rate-hikes-on-the-horizon
The European Central Bank (ECB) increased interest rates by more than expected on Thursday, raising its benchmark deposit rate by 50 basis points to zero percent, impacting the Cyprus banking system and local borrowers....
https://knews.kathimerini.com.cy/en/news/slashed-tires-slow-down-finance-minister
The tires of a vehicle belonging to the Cypriot finance minister were slashed over weekend, with police saying they were investigating the incident...
https://knews.kathimerini.com.cy/en/news/minister-ukraine-needs-assurances-to-resume-grain-exports
The Ukrainian foreign minister says grain exports from his country’s ports won’t resume without security guarantees for ship owners, cargo owners and Ukraine as an independent nation....
https://knews.kathimerini.com.cy/en/news/boris-johnson-vows-to-fight-on-amid-growing-wave-of-resignations
Britain's Boris Johnson defiantly vowed on Wednesday to fight on against growing calls for him to resign as prime minister, but his pledge to keep going was met with scornful laughter at a parliamentary appearance....
