https://knews.kathimerini.com.cy/en/business/ecb-mulls-shelving-rules-tackling-eurozone-npls
The European Central Bank is considering shelving planned rules that would have forced banks to set aside more money against their stock of unpaid loans, after suffering a political backlash....
https://knews.kathimerini.com.cy/en/news/millions-in-compensation-to-hermes-airports-under-review
A compensation agreement between the state and Hermes Airports is being challenged in parliament, echoing a public debate on how Larnaca and Paphos airports should receive government funds due to the operation of the illegal Ercan (Tymbou) airport in the north....
https://knews.kathimerini.com.cy/en/news/church-deposes-priest-convicted-of-sexual-assault
The Holy Synod decided unanimously on Wednesday to defrock the priest who was convicted in 2015 for sexually assaulting Elena Frantzi, the 29-year-old woman whose recent death shocked the public and left church and state scramble for answers....
https://knews.kathimerini.com.cy/en/news/report-slams-oroklini-detention-centre
The Ombudsman has issued a damning report on the Oroklini Detention Centre in Larnaca, describing conditions at the facility as unsuitable for holding individuals....
https://knews.kathimerini.com.cy/en/comment/politcsblog-loans-to-politicians
The Non-Performing Loans (NPL) associated with political public figures reach over €160 million just in the cooperative bank alone. New measures are welcome but can they deliver?...
https://knews.kathimerini.com.cy/en/news/five-arrested-in-paphos-illegal-work-bust
Police raided a business establishment in Paphos Tuesday, arresting five individuals and issuing fines on the spot during an operation to combat illegal employment....
https://knews.kathimerini.com.cy/en/business/banks-in-cyprus-greece-and-portugal-may-need-further-reserve-build-up
Fitch also notes that average NPL/total loan ratios at the EU`s largest banks had declined to 4% by end-2017 from 6.5% at end-2014...
https://knews.kathimerini.com.cy/en/news/may-gets-backing-for-action-against-syria
She told her senior ministers the Douma events showed a “deeply concerning” erosion of international legal norms barring the use of chemical weapons...
https://knews.kathimerini.com.cy/en/news/commission-extends-greece-s-visa-at-the-gate-scheme-for-turks
The European Commission on Wednesday approved a one-year extension to a special visa agreement between Greece and Turkey that allows Turks who want to visit seven Greek islands to apply for a visa directly at their destination....
https://knews.kathimerini.com.cy/en/news/kykkos-and-greece-in-legal-dispute
The Kykkos Holy Monastery and the Greek government are locked in a legal dispute over a plot of land in Nicosia, with the Greek foreign minister due to testify soon in court. ...
https://knews.kathimerini.com.cy/en/news/cyprus-seeks-to-overcome-regional-tension-for-peace
Rival Cypriot leaders will meet for dinner on April 16 in an effort by the United Nations to reignite a stalled peace process...
https://knews.kathimerini.com.cy/en/news/cypriots-get-ready-for-easter-sunday
It may be spring recess in some parts of the world, but it is almost the end of Holy Week in Cyprus where people get ready for Saturday midnight mass and Easter Sunday celebrations. Tradition mixed with good food and some dangerous customs blend together to make what Cypriots call Easter holidays....
https://knews.kathimerini.com.cy/en/news/south-africa-s-zuma-appears-in-court-on-corruption-charges
Thousands of Zuma supporters gathered to express solidarity with a leader they say is the victim of a politically motivated witchhunt...
https://knews.kathimerini.com.cy/en/news/new-information-about-elena-emerges
New information has emerged about Elena Frantzi, whose recent death shocked Cypriot society, just one day after her family warned it may take legal action against anyone who spreads misinformation or violates the privacy of their departed loved one....
https://knews.kathimerini.com.cy/en/business/j-p-starts-to-pay-workers-again
J&P workers in Saudi Arabia finally got their December pay cheque following a protracted labour dispute with the management of the Cypriot company, which is facing a number of financial challenges. Cypriot workers are still waiting to get paid but it looks like they will have to wait until after the Easter holidays....
https://knews.kathimerini.com.cy/en/news/elena-s-family-calls-for-privacy
The family of Elena Frantzi, whose recent death shocked Cypriot society, is warning it may take legal action against anyone who spreads misinformation about their loved one....
https://knews.kathimerini.com.cy/en/business/china-retaliates-for-us-tariffs-slaps-duties-on-soybeans-planes-autos
The scale of China’s tariff targets was in line with Beijing’s pledge to mount a commensurate response...
https://knews.kathimerini.com.cy/en/news/dash-cam-footage-released-of-protester-hit-by-patrol-car
A lawyer for Cleveland, Mark Reichel, said it was not possible that the deputy did not see his client...
https://knews.kathimerini.com.cy/en/news/migrant-caravan-heading-to-us-puts-mexico-in-tough-spot
So far the Mexican federal government has provided little guidance on how to handle the migrants...
https://knews.kathimerini.com.cy/en/news/winnie-mandela-tainted-anti-apartheid-leader-dies-at-81
She died peacefully surrounded by her family following a long illness that kept her in and out of hospital since the start of the year...
https://knews.kathimerini.com.cy/en/business/ukraine-s-privatbank-files-$3-billion-lawsuit-against-pwc-subsidiaries
Kiev has already withdrawn PwC’s right to audit Ukrainian banks as punishment for its alleged failure to flag evidence of wrongdoing at PrivatBank...
https://knews.kathimerini.com.cy/en/business/hourican-is-one-of-the-best-paid-irish-bankers
The Dubliner CEO of the Bank of Cyprus, was paid €2.1 million last year, putting him among the best-paid Irish bankers in the world...
https://knews.kathimerini.com.cy/en/business/bad-loans-still-high-despite-fast-economic-growth
Cyprus' economic growth has been supported by construction, tourism and professional services...
https://knews.kathimerini.com.cy/en/news/sexual-misdemeanours-to-become-felonies
New draft legislation in the works would modify four types of sexual offences, by changing them from a misdemeanor to a felony and increasing considerably the sentencing lengths. ...
https://knews.kathimerini.com.cy/en/life/starbucks-coffee-in-california-must-have-cancer-warning
A not-for-profit group sued 90 coffee retailers, including Starbucks, for violating California law requiring companies to warn consumers of chemicals in their products ...
https://knews.kathimerini.com.cy/en/news/cyprus-decriminalises-early-term-abortion
A majority of MPs on Friday voted to decriminalise abortion by amending the island’s criminal code to make early-term pregnancy terminations risk-free. But more work is to be done in the House on additional legislation on a range of related issues....
https://knews.kathimerini.com.cy/en/news/j-p-in-saudi-arabia-in-dire-straits
The Cyprus-based J&P Overseas construction company is in a negative spotlight this week, after a series of damning letters sent by employees to Riyadh’s management were made public. The allegations are pretty ugly but the company vows to fix problems....
https://knews.kathimerini.com.cy/en/news/speed-camera-plans-move-forward
Just as plans for speed cameras seemed to be going nowhere, an official meeting last week gave the go ahead for the tender process to begin within the next few months. ...
https://knews.kathimerini.com.cy/en/news/father-wins-court-battle-to-stop-child-being-moved-to-north
The man, aged 43, instructed lawyers to go to the Court of Session in Edinburgh after his former partner told him of her wish to relocate...
https://knews.kathimerini.com.cy/en/news/commissioner-says-state-has-failed-elena
The commissioner issued a statement on Thursday saying the state has failed to protect Elena, while also calling on officials to work harder in order to improve and modernise the Social Welfare Services....
