https://knews.kathimerini.com.cy/en/news/cypriots-saving-less-as-loan-numbers-fluctuate
In January 2024, the total deposits in Cyprus reached €51.9 billion, experiencing a net decrease of €366.0 million compared to the previous month....
https://knews.kathimerini.com.cy/en/news/us-airman-dies-after-setting-himself-on-fire-in-israeli-embassy-protest
A 25-year-old active-duty member of the United States Air Force, Aaron Bushnell, set himself on fire outside the Israeli embassy in Washington, DC, in an apparent act of protest against Israel's actions in Gaza. ...
https://knews.kathimerini.com.cy/en/news/putin-s-blackmail-fails-to-halt-green-transition
Ursula von der Leyen, the president of the European Commission, stated on Tuesday that Vladimir Putin's attempts at "blackmail" have backfired, hastening the EU's shift toward green energy. ...
https://knews.kathimerini.com.cy/en/business/pillar-two-readiness-and-technology
As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...
https://knews.kathimerini.com.cy/en/business/hellenic-bank-posts-impressive-2023-profit-of-€365-4-million
Hellenic Bank reported a substantial profit of €365.4 million for the year 2023, marking a significant upswing from €21.8 million in 2022. The Return on Tangible Equity (ROTE) for 2023 soared to 28.7%, a stark contrast to the 2.0% recorded in 2022....
https://knews.kathimerini.com.cy/en/news/ec-approves-interest-subsidy-scheme-for-housing-loans
In a significant development, the European Commission's DG Competition has approved an interest subsidy scheme aimed at housing loans in Cyprus....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-nearly-half-a-billion-euro-profit-in-2023
Bank of Cyprus reported a robust profit of €487 million for the fiscal year 2023, as announced by Group CEO Panicos Nikolaou during the presentation of the bank's financial results....
https://knews.kathimerini.com.cy/en/news/russian-opposition-leader-alexey-navalny-dies-in-arctic-prison
In a shocking development, Alexey Navalny, the prominent Russian opposition leader and fierce critic of President Vladimir Putin, has died at the age of 47, according to the Russian prison service. ...
https://knews.kathimerini.com.cy/en/news/excavations-for-missing-cypriots-underway
Excavations are currently carried out by the Committee on missing persons (CMP) at seven sites in the areas under control of the Republic of Cyprus and the occupied areas to locate remains of missing Greek Cypriots and Turkish Cypriots....
https://knews.kathimerini.com.cy/en/news/paphos-mayor-alleges-etek-negligence-in-sapa-fallout
Fresh revelations have emerged in the ongoing SAPA scandal following intense scrutiny in the Parliamentary Committee on Institutions....
https://knews.kathimerini.com.cy/en/news/cyprus-s-2024-holiday-calendar-unveiled
In 2024, Cyprus sets the stage for refreshing respites and cherished moments of reflection as holidays align with weekdays, creating numerous extended weekends throughout the year....
https://knews.kathimerini.com.cy/en/news/idf-raid-leaves-orphaned-children-shattered-lives-in-gaza
In the tumultuous landscape of southern Gaza, the plight of Mu'min, a five-year-old boy, epitomizes the harrowing reality endured by many children in the region....
https://knews.kathimerini.com.cy/en/news/thousands-rallied-in-athens-against-same-sex-marriage-bill
More than 1,500 protesters gathered in central Athens on Sunday to oppose legislation that would legalize same-sex marriage in Greece. The bill is set for a vote in parliament in days....
https://knews.kathimerini.com.cy/en/news/government-grapples-with-energy-project-crisis
The firm spearheading one of the Republic of Cyprus' most ambitious energy ventures, Terminal F.P. at Royal, finds itself grappling with challenges that threaten its completion....
https://knews.kathimerini.com.cy/en/news/cyprus-trade-deficit-soars-to-€8-57-billion-in-2023
Cyprus' trade deficit for 2023 reached €8.57 billion, marking an 18% increase from the previous year's €7.26 billion, according to provisional data released by the Statistical Service of Cyprus (CyStat)....
https://knews.kathimerini.com.cy/en/news/prisons-department-takes-action-following-attempts-to-smuggle-contraband
The Prisons Department in Cyprus has heightened security measures following recent incidents involving the attempted smuggling of mobile phones and drugs into the prison area. ...
https://knews.kathimerini.com.cy/en/news/mps-question-rik-s-handling-of-political-participation-in-television-panels
The unchecked involvement of politicians, notably candidates during election cycles, in RIK broadcasts became a focal point in the Cyprus Parliament....
https://knews.kathimerini.com.cy/en/news/un-envoy-cuellar-initiates-diplomatic-odyssey-in-cyprus-talks
Maria-Angela Olguin Cuellar has been in Athens since Monday morning, following her departure from Cyprus, where she engaged with key figures including the former President, Nikos Anastasiades......
https://knews.kathimerini.com.cy/en/news/european-central-bank-considers-rate-cut-spanish-governor-suggests
The European citizens should know that that the European Central Bank’s next move will be a rate cut, Governor of the Bank of Spain and ECB Governing Council member......
https://knews.kathimerini.com.cy/en/news/kremlin-silent-on-tucker-carlson-interview-inquiry
The Kremlin declined to confirm whether Russian President Vladimir Putin would grant an interview to American journalist Tucker Carlson on Monday, while also refraining from verifying Carlson's presence in Moscow....
https://knews.kathimerini.com.cy/en/news/biden-praises-job-growth-declares-us-economy-strongest-in-the-world
President Joe Biden lauded the robust jobs report released on Friday, touting it as evidence of the United States possessing the world's strongest economy....
https://knews.kathimerini.com.cy/en/news/eu-leaders-reach-agreement-on-50-billion-euro-fund-for-ukraine-amidst-orban-standoff
European Union leaders, after weeks of tense negotiations, have secured a breakthrough agreement, compelling Prime Minister Viktor Orban of Hungary to endorse a 50-billion-euro fund for Ukraine....
https://knews.kathimerini.com.cy/en/news/court-increases-prison-sentence-for-fatal-car-accident-to-3-years
The Court of Appeals has ruled to impose a 3-year prison sentence, as opposed to the initial 22 months handed down by the lower court, to an individual found guilty......
https://knews.kathimerini.com.cy/en/news/interest-rates-extended-borrowers-face-dilemma
Last Thursday, the European Central Bank (ECB) opted to maintain interest rates, extending the uncertainty for borrowers regarding their loans and repayments....
https://knews.kathimerini.com.cy/en/news/tragic-collision-leads-to-harsher-punishment-for-negligent-driver
In a recent development, the Court of Appeals has revisited the sentencing in the tragic traffic death case involving 62-year-old Hungarian national Marta Tyorjanne....
https://knews.kathimerini.com.cy/en/news/cyprus-secures-€20-9-million-boost-from-eu-s-recovery-fund
In a significant development, the European Commission announced a pre-financing injection of €20.9 million for Cyprus from the Recovery and Resilience Mechanism,...
https://knews.kathimerini.com.cy/en/news/madonna-faces-lawsuit-over-alleged-late-concert-start
Two dedicated Madonna fans, Michael Fellows and Jonathan Hadden, have taken legal action, filing a lawsuit against the pop sensation for a delayed start to her Celebration tour concert at Barclays Center on December 13....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-2-91-surge-in-construction-material-prices
In 2023, the Construction Materials Price Index saw a 2.91% increase compared to 2022 in Cyprus....
https://knews.kathimerini.com.cy/en/news/eu-urges-turkey-to-halt-actions-disrupting-regional-stability-in-cyprus
The European Commission has issued a call to Turkey, urging the cessation of threats and actions that disrupt good neighborly relations. ...
https://knews.kathimerini.com.cy/en/news/cyprus-backs-un-resolution-condemning-houthi-attacks-on-red-sea-shipping
The Cypriot registry seems to remain unaffected for the time being by the latest developments in the Red Sea......
