https://knews.kathimerini.com.cy/en/news/cyprus-will-request-ec-permission-to-implement-mortage-to-rent-scheme
Cypriot authorities plan to submit in June an official request to the European Commission for the implementation of a mortgage-to-rent scheme, aiming to address non-performing loans collateralized by primary residences and SME business premises with an estimated contractual value of €3 billion....
https://knews.kathimerini.com.cy/en/business/ey-named-a-leader-for-esg-consulting-services-by-independent-research-firm
EY has been recognized by research and advisory firm, Verdantix, as a leader for environmental, social and governance (ESG) services and sustainability consulting services in its latest report, Green Quadrant: ESG & Sustainability Consulting 2022 (pdf)....
https://knews.kathimerini.com.cy/en/news/cyprus-rcb-bank-and-its-kremlin-ties
On March 24, Cyprus’s fourth-largest bank announced it would wind down its banking operations in the wake of the “volatile geopolitical situation” caused by Russia’s invasion of Ukraine a month earlier....
https://knews.kathimerini.com.cy/en/news/plastic-waste-could-be-a-thing-of-the-past-thanks-to-a-new-enzyme
Plastic waste dumped in landfills could be cleared sooner than expected after engineers developed an enzyme that can break it down in just a few hours....
https://knews.kathimerini.com.cy/en/news/head-of-eu-border-agency-offers-to-resign-after-accusations-of-rights-abuse-sources-say
The head of the European Union’s border agency Frontex, Fabrice Leggeri, has offered to resign, a source told Reuters on Friday, after accusations that the body mistreated migrants on the external frontiers of the bloc....
https://knews.kathimerini.com.cy/en/news/turkey-expands-usage-of-mir-to-circumvent-payment-problems-for-russian-tourists
Turkey is trying to attract more Russian tourists by expanding the usage of the Russian Mir payment system in Turkey as it seeks to bypass the payment bottleneck created by Western sanctions....
https://knews.kathimerini.com.cy/en/news/amsterdam-airport-calls-on-airlines-to-cut-flights-amid-chaotic-crowds
Staff shortages exacerbated by a strike have caused huge delays at Amsterdam's Schiphol airport during the holiday season. The airport has now asked airlines to reduce the number of passengers by cutting flights....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-letting-your-property-in-cyprus-through-online-platforms-e-g-airbnb
The economy of Cyprus is largely dependent on tourism, and this is evident from the fact that government revenues from tourism accounted for over 12% of Cyprus GDP in year 2019 (in accordance with publicly available statistics extracted pre Covid-19 pandemic). ...
https://knews.kathimerini.com.cy/en/business/ey-report-a-resilient-grid-supported-by-digital-solutions-will-underpin-a-successful-transition-to-emobility
Adoption of eMobility is not just an economic or environmental phenomenon, but a psychological one that hinges on widespread customer acceptance. The current pace of EV adoption is swift, with one- in- five vehicles sold in Europe during 2021 being electric. ...
https://knews.kathimerini.com.cy/en/business/the-msci-2021-results-are-in-consulco-outperforms-the-market
The MSCI results are now available, and Consulco’s London commercial real estate portfolio has outperformed the Greater London Retail property market in all time frames over 3, 5 & 10 years, achieving a 7.5% total return per annum since inception....
https://knews.kathimerini.com.cy/en/business/ebo-and-kpmg-cyprus-announce-strategic-partnership
EBO, a leader in customer engagement automation that empowers enterprises through AI technology enters into a strategic partnership with KPMG Cyprus, a leader in Management Consulting & Technology Advisory services offering assistance to organizations by identifying and solving the challenges that stand in the way of their growth and excellence....
https://knews.kathimerini.com.cy/en/news/surrender-window-opens-in-mariupol-to-spare-lives
The Russian Armed Forces offered Ukraine’s militants in Mariupol a way out on Sunday but there was no response, while the wife of the war-torn country’s pro-Russia opposition leader has called for his release in exchange of two British combatants...
https://knews.kathimerini.com.cy/en/business/nipd-genetics-announces-new-foresentia-panel-to-include-tumor-mutational-burden-biomarker
NIPD Genetics announces the launch of a new ForeSENTIA tumor profile panel, Pan-Cancer Plus, which includes the analysis of the genomic biomarker Tumor Mutational Burden (TMB). ...
https://knews.kathimerini.com.cy/en/business/euler-hermes-is-now-allianz-trade
Todaymarks a new chapter in our story: Euler Hermes, the world leader in trade credit insurance, becomes Allianz Trade – a natural moveas we have been fully part of the Allianz Group since 2018...
https://knews.kathimerini.com.cy/en/news/cyprus-asks-eu-for-frontex-presence-in-turkey
Minister of Interior Nicos Nouris called on the EU to demand that Turkey allow the presence of Frontex in their country to stop the mass flows of irregular migrants to the Turkish-occupied areas of Cyprus, who then cross to the government-controlled areas....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-cryptocurrencies-regulating-cryptocurrency-trading-in-cyprus
https://knews.kathimerini.com.cy/en/business/wargaming-ceases-operations-in-russia-and-belarus
Wargaming has decided that it will not maintain or operate any business in Russia or Belarus....
https://knews.kathimerini.com.cy/en/business/cablenet-reports-double-digit-growth-for-2021
During 2021 revenue reached €53.5M, a healthy 14% growth over 2020. This double-digit growth in revenue was driven, largely by the significant growth in the overall Subscriber base, which recorded a 30% increase over the previous year. ...
https://knews.kathimerini.com.cy/en/news/credit-suisse-in-the-hot-seat-for-telling-its-clients-to-shred-evidence
Just weeks after Credit Suisse was caught telling clients to shred evidence of its loans to Russian oligarchs, the embattled investment bank has decided to pull out of the country....
https://knews.kathimerini.com.cy/en/business/major-projects-underway-in-larnaca-nicosia
The Cyprus real estate and construction sectors are moving past the demise of the scrapped Citizenship for Investment Programme, turning their attention to the capital and the once-neglected coastal town of Larnaca, while Limassol, with its high-rises and cosmopolitan lifestyle, is still seeing part of the action....
https://knews.kathimerini.com.cy/en/life/8-feel-good-stories-from-the-conflict-in-ukraine-that-will-inspire-and-give-you-hope-in-humanity
From charities and governments to celebrities and everyday people, millions are pitching in to ease the burden for fleeing or sheltering Ukrainians. In turn, they’re inspiring the world with their generosity and strength....
https://knews.kathimerini.com.cy/en/business/rcb-shifts-from-banking-to-asset-management
RCB Bank Ltd switches from banking to asset management, consequently phasing out its banking operations as of today....
https://knews.kathimerini.com.cy/en/news/rcb-bank-invites-depositors-to-withdraw-their-money
RCB Bank will invite its depositors to withdraw their money. According to Kathimerini sources, RCB Bank customers are expected to be able to either receive their deposits on hand or transfer them to other Cypriot banks....
https://knews.kathimerini.com.cy/en/news/madeleine-albright-the-first-female-us-secretary-of-state-has-died-at-the-age-of-84
Madeleine Albright, the first female US secretary of state, has died at the age of 84, her family has said....
https://knews.kathimerini.com.cy/en/life/covid-face-masks-are-a-ticking-plastic-bomb
Every minute of the day we throw away 3 million face masks. Many end up as potentially toxic micro- and nanoplastic or carriers for other toxicants in the environment, researchers warn....
https://knews.kathimerini.com.cy/en/news/ukrainians-run-out-the-clock-in-mariupol
Russian forces called on Ukrainian nationalists in surrounded Mariupol to lay down their weapons on Monday morning and leave the city before civilian evacuations by noon, with Ukrainian officials putting Moscow on notice that there would be 'no talk of any surrender'...
https://knews.kathimerini.com.cy/en/news/cyprus-produced-543-000-tons-of-solid-waste-in-2020
Today, March 18, marks World Recycling Day. It is the day when people around the world raise awareness on the importance of recycling and reuse, which are key to converting waste into resources for a circular economy....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-cryptocurrencies-investment-firms-trading-in-cryptocurrencies-authorization-required
Cryptocurrencies have taken the world by surprise in recent years, and transformed as the absolute trend in the virtual investing world. ...
https://knews.kathimerini.com.cy/en/news/default-looms-as-russia-hits-deadline-for-dollar-bond-payments
Russia will default on its debt for the first time since 1998 if it tries to make interest payments on its dollar bonds in roubles on Wednesday, rating agency Fitch has said....
https://knews.kathimerini.com.cy/en/life/volkswagen-gets-a-lot-of-buzz-premiering-their-new-electric-throwback-bus-–-the-id-buzz-images
Volkswagen unveiled their new ID. Buzz in Hamburg, calling it “Europe’s first all-electric bus”....
