https://knews.kathimerini.com.cy/en/business/eurozone-economic-snapshot-november-13-2023
Inflation in the Eurozone, which stood at 10.6% in October 2022, has decreased to 2.9% in October 2023, sparking optimism among central bankers....
https://knews.kathimerini.com.cy/en/news/elizabeth-mccaul-unveils-hidden-financial-dangers
A strong signal highlighting the need for closer scrutiny of non-bank financial institutions comes from Frankfurt, as Elizabeth McCaul, a member of the European Central Bank's Supervisory Board, emphasizes the potential risks....
https://knews.kathimerini.com.cy/en/news/babies-among-12-dead-in-israel-hamas-fuel-dispute
Hamas has denied refusing an offer of fuel from Israel for Gaza's biggest hospital, which the World Health Organisation says is "not functioning" due to bombing and gunfire....
https://knews.kathimerini.com.cy/en/news/electronic-ids-set-to-transform-citizen-services
Before the end of the current year, citizens and various professional groups will benefit from the use of electronic identity and electronic signatures in several government services, said Philippos Hadjizacharia, the Deputy Minister of Research, Innovation, and Digital Policy, during his speech at the 19th annual Economist Conference in Nicosia.
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https://knews.kathimerini.com.cy/en/comment/opinion/un-chief-s-controversial-view-on-cyprus-unity
In a recent interview, the Special Representative of the UN Secretary-General and Head of UNFICYP, Colin Stewart, referred to the fact that his country of origin, Canada, has a French-speaking Prime Minister, despite the fact that French-speakers make up 25% of the population, in order to show that ethnic and linguistic differences are being addressed and over time will not pose a threat to the unity of the country....
https://knews.kathimerini.com.cy/en/news/minister-unleashes-4-boost-for-retirees
In a significant move to enhance the well-being of pensioners, Labor and Social Insurance Minister Yiannis Panayiotou declared a nearly 4% increase in basic pensions for the upcoming year....
https://knews.kathimerini.com.cy/en/news/central-banks-across-europe-hold-firm-amidst-rate-cut-speculations
Europe's top central bankers have affirmed that despite market expectations for a reduction due to weakening growth, interest rates will persist at elevated levels. ...
https://knews.kathimerini.com.cy/en/news/financial-tsunami-looms-as-limassol-court-decision-sends-shockwaves-through-cyprus
In a potentially precedent-setting decision, the Limassol District Court has upheld its initial ruling in favor of a Russian depositor of the People's Bank, potentially exposing the state to financial implications of up to 2-3 billion euros....
https://knews.kathimerini.com.cy/en/news/cyprus-greece-council-kicks-off-for-unprecedented-collaboration
The 1st Cyprus-Greece High-Level Cooperation Council is taking place in Athens today, Friday, November 10....
https://knews.kathimerini.com.cy/en/news/netanyahu-s-rejection-shakes-up-gaza-crisis
Benjamin Netanyahu rejected a deal for a five-day ceasefire with Palestinian militant groups in Gaza in return for the release of some of the hostages held in the territory early in the war, according to sources familiar with the negotiations....
https://knews.kathimerini.com.cy/en/news/ministries-unite-to-transform-halloumi-industry
There is a need for order, mainly regarding the conduct of inspections but also other issues related to the production and distribution of halloumi cheese, the Ministry of Commerce and the Ministry of Agriculture are trying, with George Papanastasiou and Petros Xenofontos agreeing that the management of all issues concerning the product, should be transferred to one and only ministry. And this was deemed necessary, since halloumi is now a protected designation of origin....
https://knews.kathimerini.com.cy/en/news/russian-depositor-triumphs-over-laiki-bank-s-2013-haircut
The Legal Service, on behalf of the Republic of Cyprus and the Central Bank of Cyprus (CBC), will appeal the decision of the Limassol District Court, which awarded compensation to a depositor of the former Laiki Bank for the 2013 deposit haircut, according to CNA....
https://knews.kathimerini.com.cy/en/news/police-force-faces-renewed-criticism-after-recent-tragedies
The debate on the problems in the police force, which was a hot topic in the public sphere last week due to the two fatal attacks that occurred in a short span of time, was reignited on Wednesday, when all the relevant officials, led by the Minister of Justice and Public Order, Anna Koukkidi-Prokopiou and the Chief of Police, Stelios Papatheodorou, met in the Parliament's Institutions Committee....
https://knews.kathimerini.com.cy/en/news/seven-ways-to-boost-cyprus-economy-and-competitiveness
The Cyprus economy needs seven important pillars to respond to the increasingly volatile environment, achieve greater growth, gain a more resilient and competitive economy, and develop innovation and more growth potential, according to PwC CEO Philippos Soseilos....
https://knews.kathimerini.com.cy/en/news/reduced-prices-in-fuel-expected-soon
Further reductions in fuel prices are expected in the coming period....
https://knews.kathimerini.com.cy/en/news/u-s-stands-firm-against-long-term-israeli-presence-in-gaza
The United States emphasized its opposition to a new long-term occupation of the Gaza Strip by Israel on Tuesday, following Israeli Prime Minister Benjamin Netanyahu's announcement that his country would assume "overall responsibility for security" in the enclave after the recent conflict with the Palestinian Islamist movement Hamas....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-bracing-for-profit-squeeze-according-to-moody-s
Moody's believes that Cyprus' small and saturated banking sector, the banks' limited loan portfolio, and low fee and commission income will restrict opportunities for growth in domestic banks' activities and profitability in the long term....
https://knews.kathimerini.com.cy/en/news/a-decade-ago-amazon-launching-drones-for-parcel-deliveries
Exactly a decade ago, Amazon revealed a program that aimed to revolutionize shopping and shipping. Drones launched from a central hub would waft through the skies delivering just about everything anyone could need....
https://knews.kathimerini.com.cy/en/news/cyprus-certifiers-clash-over-their-official-stamp
Tensions are escalating between the Ministry of Interior and certifying officials in the Republic of Cyprus, as a dispute erupts over uncontrolled certifications, misuse of the nation's coat of arms seal, alleged forgeries, undeclared income, and certifying officials who stand accused of rejecting complaints lodged against them....
https://knews.kathimerini.com.cy/en/news/bhutan-becomes-first-to-100-vaccinate-street-dogs
Many countries have an overwhelming amount of street dogs, but sterilization and vaccination programs are a great way to keep these populations under control....
https://knews.kathimerini.com.cy/en/news/europe-embraces-cyprus-bold-plan-for-gaza-aid-corridor
The European Commission has welcomed the idea proposed by Cyprus for the creation of a maritime corridor for humanitarian aid to Gaza, and the issue is expected to be part of the discussions in the upcoming Paris conference on Gaza, a spokesperson of the Commission has told the Cyprus News Agency....
https://knews.kathimerini.com.cy/en/news/aid-to-gaza-gets-green-light-from-us-state-department
The provision of aid and any country’s ability to do so to the Palestinian people in Gaza would be a good thing, the US State Department has said on Tuesday....
https://knews.kathimerini.com.cy/en/news/the-mystery-of-cyprus-social-insurance-fund
The Republic of Cyprus achieved its first significant milestone with the establishment of the Social Insurance System, originally introduced during the colonial era. ...
https://knews.kathimerini.com.cy/en/news/will-foreclosures-plague-2023
There is a race against time, with only a few weeks left to address the issue of foreclosures and enhance the framework....
https://knews.kathimerini.com.cy/en/news/deportation-process-in-motion-for-pournara-riot-participants
Authorities intend to immediately initiate procedures for deportation for those proven to be involved in yesterday's riots at "Pournara" First Reception Centre in Kokkinotrimithia, as Deputy Government Spokesman Yiannis Antoniou said on Tuesday....
https://knews.kathimerini.com.cy/en/news/greek-government-s-€85-4m-move-shakes-aegean-airlines
Aegean Airlines on Monday announced that the Hellenic Republic submitted notification of its intention to exercise the rights granted by all the warrants it holds concerning the company’s shares on November 3, 2023....
https://knews.kathimerini.com.cy/en/news/israel-steps-in-as-hamas-exits-says-netanyahu
Israeli Prime Minister Benjamin Netanyahu has declared that Israel will assume "total responsibility for security" in the Gaza Strip indefinitely following the conclusion of the conflict with the Palestinian Islamist movement Hamas....
https://knews.kathimerini.com.cy/en/news/netanyahu-advocates-extended-security-responsibility-in-gaza
Benjamin Netanyahu says Israel will have ''overall security responsibility'' in Gaza for an "indefinite period" after its war with Hamas....
https://knews.kathimerini.com.cy/en/news/the-secrets-controversies-and-tape-recorder-incident-shaking-the-energy-sector
The communication between the Minister of Energy and EAC's leadership is likened to a game of "broken phone," despite efforts to portray the recent public rift between the two sides as a mere parenthesis....
https://knews.kathimerini.com.cy/en/news/new-delhi-shuts-schools-imposes-driving-restrictions-in-pollution-crisis
India's capital is bringing in odd-even vehicle number plate restrictions to curb air pollution....
