https://knews.kathimerini.com.cy/en/news/non-performing-loans-in-cyprus-rise-to-€2-32-billion-in-january-2023
Non-performing loans (NPLs) rose by €12.8 million in January 2023 compared with December 2022, amounting to €2.32 billion or 9.5% of total loans....
https://knews.kathimerini.com.cy/en/business/folli-follie-trial-set-for-june-after-lawyers-abstention-ends
The trial of Greek jewelry maker Folli Follie is expected to finally take place in June after being deadlocked for some time. This was due to lawyers abstaining from their duties in trials concerning criminal organizations due to legal disagreements concerning a legislative provision stating that any sentences imposed would be served. ...
https://knews.kathimerini.com.cy/en/news/child-porn-convict-freed-in-photo-fakery-case
The Supreme Court in the Republic of Cyprus has commuted a child porn prison sentence of a man in Larnaca after it emerged that images used to incriminate him were not real...
https://knews.kathimerini.com.cy/en/business/numerous-foreclosure-sales-expected-in-2023-and-2024
The COVID-19 pandemic and the subsequent suspension of divestments since 2020 have led to the creation of a considerable volume of properties for disposal that banks and credit purchase companies have on their balance sheets....
https://knews.kathimerini.com.cy/en/news/excess-deaths-down-in-eu-but-not-in-cyprus
For the first time since the beginning of the COVID-19 pandemic, there was no excess mortality recorded in the EU in February 2023, while Cyprus recorded the highest rate of excess mortality during the same month, according to data published by Eurostat...
https://knews.kathimerini.com.cy/en/news/delivery-driver-middleman-scandal-widens
A recent traffic accident has prompted police to widen a fraud investigation that began in Limassol and now has reached the capital, following revelations that foreign food delivery drivers in Cyprus were paying middlemen to secure driver permits through the state’s austere system...
https://knews.kathimerini.com.cy/en/news/kaili-to-go-home-after-denying-all-charges
Greek MEP Eva Kaili, the former European Parliament vice president accused of corruption, is said to be released from custody while still facing charges, with her lawyers saying he would not admit to crimes she did not commit...
https://knews.kathimerini.com.cy/en/news/second-driver-in-fatal-double-hit-and-run-sentenced
A man who was found guilty of manslaughter in a double hit and run fatality in Paphos was sentenced to six years in prison on Tuesday, with police still unable to locate the first car that struck the local woman unconscious...
https://knews.kathimerini.com.cy/en/business/dead-loved-ones-could-be-uploaded-to-your-computer-by-end-of-year
You may soon be able to catch up with friends and relatives who have passed away — on your computer....
https://knews.kathimerini.com.cy/en/business/are-you-ready-for-chatgpt-to-take-over-your-job
Since its release in November of last year, OpenAI's ChatGPT has been used to write cover letters, create a children's book, and even help students cheat on their essays....
https://knews.kathimerini.com.cy/en/news/macron-s-mission-in-china-convincing-xi-on-ukraine
https://knews.kathimerini.com.cy/en/news/inside-the-high-stakes-prosecution-of-a-former-president
Former U.S. President Donald Trump has made history by becoming the first president to face criminal charges before a court of justice in the United States. ...
https://knews.kathimerini.com.cy/en/news/cyprus-unemployment-drops-to-7-3-in-february-2023-but-18-6-youth-unemployment-persists
According to Eurostat, the seasonally-adjusted unemployment rate in Cyprus fell slightly to 7.3% in February 2023, compared to 7.4% in January 2023. However, the rate had increased from 6.1% in February 2022....
https://knews.kathimerini.com.cy/en/business/completion-of-project-starlight
https://knews.kathimerini.com.cy/en/news/u-s-reporter-arrested-and-accused-of-spying-in-russia
Russia on Thursday charged an American correspondent for the Wall Street Journal with spying, in a case certain to escalate Moscow's diplomatic feud with Washington over the war in Ukraine and likely to further isolate Russia....
https://knews.kathimerini.com.cy/en/news/driver-in-double-hit-and-run-guilty-of-manslaughter
A man who was detained in a double hit and run fatality in December 2021 was found guilty of manslaughter on Wednesday, with Paphos police still unable to locate the first car that struck a local woman unconscious...
https://knews.kathimerini.com.cy/en/news/new-migration-scandal-looms-after-network-uncovered
A new scandal involving services for asylum seekers may have been inadvertently uncovered in Limassol, where arrest warrants have been issued amid strict rules for renewing driver permits and a black market designed to overcome restrictions...
https://knews.kathimerini.com.cy/en/news/ec-pushing-cyprus-to-pass-home-vat-bill-or-risk-sanctions
Cyprus is currently facing a serious issue with the 5% VAT rate for first-time homeowners. The European Commission has issued a final warning to pass a bill that regulates the issue that has been ongoing since 2020....
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/us-report-harsh-conditions-in-cyprus-prisons
The US State Department's Human Rights in Cyprus 2022 report highlights significant human rights issues in Cyprus. The report states that there were credible reports of harsh conditions in prisons and detention centers, particularly for asylum seekers....
https://knews.kathimerini.com.cy/en/news/no-deal-in-sight-in-cyprus-mercy-killing-case
A Cyprus criminal court on Tuesday rejected a defense argument that a British man’s confession to killing his ailing wife was unlawfully obtained, because he was in no frame of mind to speak to police without a lawyer present...
https://knews.kathimerini.com.cy/en/news/health-ministry-confirms-typo-led-to-confusion-over-8-year-old-s-flu-death
The Ministry of Health has confirmed that a typographical error in its database was responsible for the incorrect news that an 8-year-old girl had died from Influenza A....
https://knews.kathimerini.com.cy/en/news/death-toll-from-flu-cases-at-14-including-an-8-year-old-girl
Fourteen people have died from Influenza in Cyprus this winter, among them an 8-year-old girl, who passed away at the Limassol General Hospital, after being treated in the Intensive Care Unit....
https://knews.kathimerini.com.cy/en/news/1-300-loan-applications-submitted-for-oikia-scheme
Applications for 1,318 potentially eligible loans involving a total amount of €131.1 million were submitted under the Oikia scheme, which is a loan management plan with government funds granted under Government Housing Plans....
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/trade-deficit-increased-by-163-5-in-january-2023
A large increase was recorded in the trade deficit in January 2023 according to preliminary data published on Monday by the Statistical Service, since the increase in imports was more than three times the increase in exports....
https://knews.kathimerini.com.cy/en/news/criticism-grows-as-europe-pushes-to-restrict-cars-in-cities
In an effort to ease traffic congestion and curb greenhouse gas emissions causing climate change, municipalities from Barcelona to Brussels have embarked on what has been called a “transportation revolution.”...
https://knews.kathimerini.com.cy/en/news/man-ordered-to-pay-wife-200-000-euros-for-25-years-of-housework
A Spanish court ordered a man to pay his ex-wife 200,000 euros for 25 years of unpaid domestic labor, based on the minimum wage throughout their marriage, court documents showed Tuesday....
https://knews.kathimerini.com.cy/en/news/afghan-women-protest-ban-on-female-education
Young Afghan women gathered outside Kabul University on Monday to protest the ruling Taliban’s ban on female education as their male peers returned to school for a new academic year and the United Nations heard the restriction may amount to a crime against humanity....
https://knews.kathimerini.com.cy/en/news/cyprus-landmark-sex-trafficking-case-falls-flat
A high-profile trafficking case where airport police officers were accused of turning a blind eye on an illegal prostitution ring drew to a close this week, with most defendants acquitted including a cop whose guilt was not proven beyond a reasonable doubt...