https://knews.kathimerini.com.cy/en/news/banks-announce-measures-on-interest-rates
Since July 2022, lending rates in Cyprus have risen by 3.5%, putting borrowers in a difficult position with dangerously increasing loan repayments....
https://knews.kathimerini.com.cy/en/news/decline-in-asylum-approvals-in-cyprus-in-2022
According to data from Eurostat, the statistical service of the EU, EU countries granted protection status to 384,245 asylum seekers in 2022, up 40% from the previous year. However, in Cyprus, there was a significant decrease in protection status, with only 580 cases being granted (compared to 2,305 in 2021)....
https://knews.kathimerini.com.cy/en/news/echr-takes-on-ayia-napa-gang-rape-case
The Republic of Cyprus is defending its actions after its own Supreme Court cleared a British woman of lying to police about a gang rape in 2019, with both sides sticking to their guns as the case is now appears before the European Court of Human Rights...
https://knews.kathimerini.com.cy/en/news/labor-minister-proposes-compromise-on-cola-issue
Labour Minister Yiannis Panagiotou presented a mediation proposal on the CoLA issue to trade unions and employers' organizations on Friday morning (28/04)....
https://knews.kathimerini.com.cy/en/comment/opinion/what-s-wrong-with-a-little-transparency
There has been a lot of buzz surrounding e-kalathi in recent days. It is an electronic platform that aims to provide consumers with real-time updates on the prices of products in supermarkets, enabling them to easily find the best deals on their preferred products....
https://knews.kathimerini.com.cy/en/news/church-of-cyprus-goes-digital-conciliation-application-now-online
Starting May 1, 2023, the Church of Cyprus has announced that the mandatory application for attempted conciliation, required to proceed to Family Court Divorce proceedings,...
https://knews.kathimerini.com.cy/en/news/pope-francis-grants-historic-voting-rights-to-women-at-global-synod
The Pope will for the first time allow women to vote at an influential global meeting of bishops in October - a move that has been welcomed as a historic first....
https://knews.kathimerini.com.cy/en/news/safeguarding-first-responders-on-duty
The rapid evolution of technology is bringing huge and beneficial changes in all areas and the rescue sector isn't an exception. ...
https://knews.kathimerini.com.cy/en/news/president-anticipates-information-on-sanctions-today
We will probably receive on Friday the first concrete information that we have requested as regards the sanctions imposed to persons and legal entities in Cyprus, President of the Republic, Nikos Christodoulides has told CNA, adding that Cyprus is in contact with the USA and the UK on a daily basis about this issue "with a view to having all the information before us, so that the competent authorities of the Republic of Cyprus will do what they have to do."...
https://knews.kathimerini.com.cy/en/business/the-impact-of-sanctions-go-beyond-individuals-and-companies
George Christofides, Vice President of the Bar Association, addressed the sanctions imposed by the UK and US on legal and natural persons in Cyprus during an interview on the ''DIASPORA NEWS'' program. ...
https://knews.kathimerini.com.cy/en/business/finance-minister-considers-lowering-vat-rates-for-basic-necessities
The Minister of Finance of Cyprus, Makis Keravnos, has announced that the Ministry is considering measures for banks and credit-acquiring companies to absorb high-interest rate increases, as well as reducing value-added tax (VAT) for basic necessity products to tackle high prices....
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/news/trickier-travel-looms-as-eurostar-ends-direct-trains-from-london-to-disneyland-paris
Families that plan to go to Disneyland Paris from the United Kingdom this summer will have to rethink their plan of how to get there as Eurostar is set to end its direct trains from London to this destination....
https://knews.kathimerini.com.cy/en/business/fox-news-pays-over-$787-million-for-airing-false-info
Fox News has settled with Dominion Voting Systems for over $787 million, marking the largest media defamation settlement in history. The settlement was reached just hours before the defamation trial was set to begin in a Delaware court....
https://knews.kathimerini.com.cy/en/news/cyprus-extradites-kenan-agias-to-germany
A Larnaca District Court approved the extradition of Kenan Agias, a 49-year-old Kurdish man, to Germany over his alleged involvement in a terrorist organization. ...
https://knews.kathimerini.com.cy/en/business/finance-ministry-launches-tender-for-companies-law-modernization
Cyprus Ministry of Finance has launched a tender with an estimated value of €2 million aiming to acquire services for the modernization and reform of the outdated Companies Law, aiming to improve the economy’s competitiveness and ease of doing business....
https://knews.kathimerini.com.cy/en/business/boc-to-pay-dividends-after-12-years
The Bank of Cyprus is the first bank in Cyprus and Greece to receive approval from the European Central Bank (ECB) to pay dividends. The lender is expected to resume paying dividends to its shareholders after 12 years....
https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-in-granting-temporary-protection-to-ukrainian-refugees
According to data released by Eurostat, in February 2023, Cyprus recorded the highest ratio of Ukrainian citizens granted temporary protection per thousand people (1.1) among the EU member states with available data, followed by Czechia (0.9)....
https://knews.kathimerini.com.cy/en/news/nicosia-scrambles-to-guard-trademark-after-sanctions-incident
President of Cyprus Nikos Christodoulides convened an extraordinary meeting on Thursday following the inclusion of Cypriot natural and legal persons in the lists of the latest sanctions published on Wednesday by the United States of America and the United Kingdom...
https://knews.kathimerini.com.cy/en/news/energy-minister-puts-forth-cyprus-natural-gas-to-cut-costs-for-consumers
Cyprus' Energy Minister George Papanastasiou said that, during his discussions with consortiums operating in the Cypriot Exclusive Economic Zone (EEZ), he suggested the option of importing natural gas quantities from the EEZ for power generation, in combination with LNG exports via a small LNG plant....
https://knews.kathimerini.com.cy/en/business/bill-for-e-kalathi-product-price-comparison-app-submitted-for-cabinet-approval
The bill for the implementation of a digital tool that enables daily information on retail prices and product comparisons is ready for submission to the Cabinet....
https://knews.kathimerini.com.cy/en/news/christodoulides-‘most-probably-to-attend-coronation
Cypriot President Nikos Christodoulides has been invited to attend the official coronation ceremony of King Charles, with sources saying he will ‘most probably’ attend...
https://knews.kathimerini.com.cy/en/news/cysec-fines-cif-one-million-euros-for-regulatory-violations
The Cyprus Securities and Exchange Commission (CySEC) announced its decision to impose a fine of one million euros on the Cyprus Investment Firm (CIF) Itrade Global Ltd....
https://knews.kathimerini.com.cy/en/news/greek-banks-freeze-mortgage-installments-for-12-months
Eurobank, Piraeus and Alpha Bank have announced that they will be keeping mortgage installments at their current levels for 12 months. As pledged by the first two banks, the baseline rates of serviced mortgage loans will remain at the levels they were on March 31, 2023, minus 20 basis points, for 12 months, starting in May. National Bank is expected to follow suit....
https://knews.kathimerini.com.cy/en/news/government-servers-gradually-back-online-after-water-leak
The government servers are gradually operating again as of Tuesday evening following the water leak at a basement next to the room where they are located at the Ministry of Finance. The leak was noticed on Monday afternoon and all the systems were shut down as a precaution. Efforts immediately began to restore and assess the damage...
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-sustainable-finance
Sustainability is the key to a better, healthier, and more viable future as it improves the quality of our lives with the use of natural resources which protect our ecosystem in general. By taking into consideration the three pillars of economic viability, environmental protection, and social well-being, we can preserve the future generations’ needs while, from a corporate perspective, the development of sustainable strategies can lead to a company’s longevity....
https://knews.kathimerini.com.cy/en/news/government-websites-down-after-waterleak-at-finance-ministry
Efforts are underway since Monday afternoon to repair and assess the damage caused by a water leak from a tank adjacent to the room where the servers that provide internet access for the entire government hub are located at the Ministry of Finance....
https://knews.kathimerini.com.cy/en/news/cypriot-fund-facing-mighty-resistance-in-lukoil-deal
Efforts to dispel US concerns over suspected Russian influence in a Cypriot fund buying a Lukoil plant in Sicily may be gaining traction with Italian officials, with reports suggesting American resistance may be losing ground after a crucial meeting last week...
https://knews.kathimerini.com.cy/en/news/protecting-eu-borders-the-rise-of-border-walls-against-third-country-migrants
The increasing number of illegal migrants reaching the European Union and Schengen Area Member States has pushed states to take different approaches to tackle their activity, including erecting walls or physical barriers at the borders....
https://knews.kathimerini.com.cy/en/news/philip-lane-next-ecb-decisions-on-interest-rates-will-be-based-on-data-video
Philip Lane, the Chief Economist and member of the European Central Bank's (ECB) executive board has said the bank's next monetary policy decisions will be based on incoming data,...
