https://knews.kathimerini.com.cy/en/news/nicosia-launches-special-unit-to-sift-through-sanctions
No derogation from EU sanctions will be tolerated, President of the Republic Nikos Christodoulides stressed on Wednesday during a meeting at the Presidential Palace on the sanctions imposed by the US and the UK against natural and legal persons from Cyprus. The President was also informed about the procedures to establish the National Sanctions Implementation Unit...
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/cypriot-banks-dump-russian-client-accounts
Russian nationals in the Republic of Cyprus are facing bank account closures as the island’s financial institutions are choosing to axe client accounts to avoid sanction violation risks, but some fear an indiscriminate sweep may affect innocent customers...
https://knews.kathimerini.com.cy/en/business/three-major-concerns-of-ecb-regarding-cypriot-banks
Although Cypriot banks have made great progress over the last decade, foreign supervisors have reservations and summarise their concerns in three areas....
https://knews.kathimerini.com.cy/en/news/eu-calls-on-aspiring-journalists-to-train-in-brussels
The European Commission has announced that it has launched a call for journalism students and young journalists to participate in Youth4Regions, an EU program for budding journalists that includes a week of training in Brussels....
https://knews.kathimerini.com.cy/en/comment/opinion/what-is-the-future-for-banks
Banks have suffered significantly in the last 15 years. Some have been forced to shut down, while others had to reduce deposits. In some countries, banks have been subject to capital controls, and many have had to change their shareholder structure due to state intervention....
https://knews.kathimerini.com.cy/en/business/nicosia-cybersecurity-conference-live-empowering-education-and-prevention
On Thursday 6th April 2023 at 11.00 a.m., a workshop entitled "Cybersecurity Systems and Development of Modern IT Applications" will take place at the Hilton Hotel in Nicosia....
https://knews.kathimerini.com.cy/en/comment/opinion/lack-of-legal-protection-in-eu-adoptions
Intercountry adoption is the adoption of a child habitually resident in one state by parents habitually resident in another state, as defined in Article 2 of the 1993 Hague Convention, which ensures cross-border recognition of adoptions. However, in practice, additional procedures are required for its recognition in certain States, including EU Member States....
https://knews.kathimerini.com.cy/en/news/russian-children-s-commissioner-rejects-icc-allegations
Russia's commissioner for children's rights on Tuesday dismissed International Criminal Court (ICC) allegations that she was responsible for unlawfully deporting children from Ukraine as false...
https://knews.kathimerini.com.cy/en/news/cypriot-professor-phoebe-koundouri-honored-for-contribution-to-science
On Thursday, the 23rd of March, Prof. Phoebe Koundouri was awarded the Academy of Athens Excellence in Science Award 2023 for her contribution to the advancement of the Science of the Marine Environment by the President of the Academy of Athens, Michael-Konstantinos Stathopoulos, and the Secretary-General, Christos Zerefos....
https://knews.kathimerini.com.cy/en/news/passports-of-russian-officials-confiscated-to-prevent-overseas-escape
A Soviet-style practice is being resorted to by Russia's security services, confiscating the passports of senior officials and executives of state-owned companies to prevent travel abroad, as "paranoia about leaks and defections spreads in Vladimir Putin's regime," reports the Financial Times....
https://knews.kathimerini.com.cy/en/news/new-jersey-and-cyprus-armies-tie-the-knot
Cyprus and US relations have never been stronger, Minister of Defence of the Republic of Cyprus Michalis Giorgallas has stressed during the signing ceremony of a State Partnership Program between the Republic of Cyprus and the New Jersey National Guard...
https://knews.kathimerini.com.cy/en/news/finmin-stresses-importance-of-stable-legislation-for-out-of-court-auctions
The Finance Ministry has stressed the importance of having stable legislation regulating out-of-court auctions, in tandem with an effective insolvency framework in order to achieve a reduction of bad loans....
https://knews.kathimerini.com.cy/en/news/it-s-a-pawsome-weekend-treat-as-athens-museum-opens-doors-to-fur-buddies
This Sunday, April 2, the people of Greece get to live out my lifelong dream and bring their dogs to the National Museum of Contemporary Art in Athens for a “World Stray Animal Day” event. ...
https://knews.kathimerini.com.cy/en/news/at-the-eu-summit-with-an-eye-on-the-cyprus-issue
Christodoulides attempted to lay out his vision for active EU engagement on the issue of breaking the six-year deadlock in Cyprus talks on the first day of his first European Council summit as President. ...
https://knews.kathimerini.com.cy/en/news/president-travels-to-brussels-to-attend-european-council-meeting
Cyprus President, Nikos Christodoulides, departs on Tuesday evening for Brussels, where he will attend the European Council meeting that will take place on March 23 and 24....
https://knews.kathimerini.com.cy/en/news/herodotus-to-banks-on-restructuring-interest-rates-and-transparency-in-charges
The Governor of the Central Bank, Constantinos Herodotou, emphasized to the Senior Executive Directors of licensed credit institutions the importance of the timely provision of viable restructurings, as well as the assessment of their data regarding the level of their deposit rates....
https://knews.kathimerini.com.cy/en/news/brussel-s-wager
The next three days will be a frenzy of diplomatic activity for Nicosia, as the European Council meets in Brussels on March 23-24. ...
https://knews.kathimerini.com.cy/en/business/bbc-staff-urged-to-delete-tiktok-app
The BBC said Monday that it had told staff to delete the Chinese-owned video app TikTok unless it was needed for business reasons, with Western institutions increasingly taking a harder stance over data collection fears....
https://knews.kathimerini.com.cy/en/news/cyprus-banking-system-ready-to-absorb-shocks
Tasos Yasemidis, an economist, spoke to "SPOR FM 95.0" and the "DIASPORA NEWS" show about the deal for the acquisition of Swiss bank Credit Suisse by UBS and how it affects the banking sector in Cyprus, ...
https://knews.kathimerini.com.cy/en/news/greece-accuses-woman-of-being-russian-spy
Greece’s National Intelligence Service is accusing a shop owner in Athens of being a Kremlin asset, as security services throughout Europe have been cracking down on alleged Russian spies dubbed the 'illegals'...
https://knews.kathimerini.com.cy/en/news/credit-suisse-borrows-more-than-$50-billion-from-swiss-national-bank
Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....
https://knews.kathimerini.com.cy/en/news/cypriot-choir-captivates-listeners-at-westminster-abbey-video
The Amalgamation Women's Choir from Cyprus captivated listeners with their beautiful voices at the official Commonwealth Day ceremony held at Westminster Abbey in London last Monday. ...
https://knews.kathimerini.com.cy/en/news/minister-of-agriculture-pushing-for-a -farmers card
Agriculture Minister Petros Xenofonos announced today during a meeting of the House of Representatives Agriculture Committee that he intends to create a farmer's card to provide services to the agricultural world....
https://knews.kathimerini.com.cy/en/news/hsbc-buys-failed-silicon-valley-bank-in-bid-to-stem-fallout
Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....
https://knews.kathimerini.com.cy/en/news/mr-ioannou-in-terms-of-migration-cyprus-has-reached-its-limit
The first day of the Council of Ministers of Justice and Home Affairs meeting, which was attended by Mr. Constantinos Ioannou, Minister of Interior, has concluded, during which the Ministers of the 27 Member States had the opportunity to exchange views on the external dimension of migration as well as the internal management of migration flows....
https://knews.kathimerini.com.cy/en/news/foreclosure-sales-to-restart-after-parliamentary-vote
The House of Representatives voted 22 to 18 against a proposal for a new three-month suspension of foreclosure sales, which had been tabled in the form of an emergency bill....
https://knews.kathimerini.com.cy/en/business/international-university-students-visit-eurogate-s-facilities-at-limassol-port
Students from various US academic institutions received a tour of the facilities of Eurogate Container Terminal Limassol Ltd. ...
https://knews.kathimerini.com.cy/en/business/ecommbx-welcomes-former-cysec-chairwoman-to-its-board
ECOMMBX, a progressive Electronic Money Institution based in Nicosia, known for it forward-thinking and customer-centric corporate culture, is proud to welcome a new member to its board: Ms Demetra Kalogerou (BSc, MSc, MPhil)....
https://knews.kathimerini.com.cy/en/news/mismanagement-corruption-and-nepotism-will-not-be-tolerated
Mismanagement, corruption, and nepotism will not be tolerated, and for the people who will be at the center of his administration, these were the two main issues that President of the Republic, Nikos Christodoulides addressed in his speech on Wednesday during the swearing-in ceremony of the new members of his government....
