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241. 11 missing, hundreds rescued after flames engulf Greece-Italy ferry [video]

The Greek coast guard confirmed on Friday that 11 passengers were missing after a blaze broke out overnight on a ferry sailing from Greece to Italy. ...

242. Who is Dr. Robert Malone and what is the controversy surrounding his statements on mRNA vaccines?

Robert Malone, the self-proclaimed inventor of mRNA vaccines and a skeptic of the COVID-19 vaccines that use mRNA technology, has skyrocketed to celebrity status in recent months....

243. Alpha bank group sells €2.4 billion NPL and real estate portfolio in Cyprus

Alpha Services and Holdings S.A. (together with its subsidiaries) has reached an agreement with an affiliate of Cerberus Capital Management, L.P. for the sale of a portfolio of Cypriot non-performing loans and real estate properties of a total gross book value of 2.4 billion euro....

244. Cyprus had the highest stock of NPLs in EU in 2020, Eurostat says

Cyprus remained the country with the highest stock of non-performing loans (assets) of the general government in 2020, according to data released by Eurostat, the statistical office of the European Union....

245. Can banking institutions unilaterally impose new policies on clients with housing loan agreements?

I have recently been dealing with a case where a banking institution in Cyprus has requested from the client to either repay his housing loan earlier or transfer his loan to another bank. ...

246. NPLs in Cyprus banks down by €32 million at the end of October

Total non-performing loans (NPLs) in the Cyprus banking sector decreased by €32 million at the end of October 2021, compared to the previous month, when total loans increased by €14 million to € 27.91 billion....

247. US singer Meatloaf dead at 74

US singer Meat Loaf, who was known for hits including Bat Out Of Hell, has died at the age of 74 after selling more than 100 million albums worldwide and starring in 65 movies - with reports suggesting he contracted Covid-19....

248. NPLs in Cyprus decrease €722 million at the end of September

Α decrease of €722 million or 14.4% was recorded at the end of September 2021 in aggregate Non-Performing Loans (NPLs) compared with the end of June 2021, according to data released Friday by the Central Banks of Cyprus (CBC)....

249. Cypriot economy will continue to recover output lost during 2020

The Cypriot economy in 2021 recovered the output lost during the 2020 COVID crisis and will continue to grow with an average 3.7% in the years 2022 – 2024, the Central Bank of Cyprus expects, according to its economic bulletin, stressing that risks to the baseline scenario are balanced albeit slightly upside concerning inflation....

250. Free rapid self tests available at pharmacies from today (How-to video)

The Ministry of Health has announced that the distribution of free self-tests from Pharmacies has begun. Citizens can now receive a package of five self-tests each month and are encouraged to test regularly in order to protect both themselves and their loved ones....

251. Il Divo's Carlos Marin has died aged 53 of covid

Il Divo singer Carlos Marin was vaccinated against Covid in Mexico earlier this year, it has been revealed, after the Spanish singer passed away at the weekend following a Covid infection....

252. Debt sustainability in all Member States

ESM Managing Director Klaus Regling strongly believes that public debt is currently sustainable in all Member States of the monetary union. ...

253. Announcement of Appointment of Directors & Senior Managers in K. Treppides & Co Ltd

The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. ...

254. Cypriot banks to reduce costs

The President of the European Banking Authority speaks to "K"...

255. Legendary US trumpeter John Marshall to play in Cyprus

Legendary U.S. trumpet player, John Marshall, will be captivating music-lovers in Cyprus this October ...

256. Buffer Fringe Festival 2021

The Buffer Fringe Performing Arts Festival begins today in locations across the island of Cyprus and online....

257. Cheating never gets one far: The English School Industrial dispute

Employment relations in the 21st Century are governed by multiple layers of institutional regulation that have evolved historically during the previous centuries....

258. Another 85 million by February if Cyprus meets deadline of key reforms

With the first 157m euros already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next 85m euros which is due to be received in February 2022....

259. ECB tells Cyprus lawmakers to get it right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...

260. Cyprus checks more items off relaxation list

Further easing of COVID restrictions went into effect Tuesday in the Republic of Cyprus, with daily cases remaining very low but a night curfew still remains in place until middle of next week...

261. EY: Liquidity-fueled IPO markets break records in Q1 2021

262. Bankrupt Cyprus Mines saga continues

Insurers who could be left footing the bill for personal injury litigation against former talc miner Cyprus Mines Corporation are challenging the company's proposed candidate to represent future tort claimants...

263. Cyprus hurries to clean up company registry

Energy Minister Natasa Pilides has called on business stakeholders in Cyprus to embrace a new effort of recording and updating true information about beneficiaries of companies, saying a new digital registry can bolster transparency on the island...

264. Economic activity could resume by spring end, Anastasiades says

President Nicos Anastasiades said Wednesday that he was hopeful that economic activity could resume by the end of spring, given that no unpredicted developments arise on the part of pharmaceutical companies....

265. IMF: Withdrawal of support measures should be gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

266. Reported House website hack was false alarm

The website of the House of Representatives in the Republic of Cyprus suffered a technical glitch on Monday, the innovation commissioner says, following reports in Greek Cypriot media that a foreign hacker had targeted the website...

267. Turkish hacker targets Cyprus Parliament website

The Cyprus Parliament’s website was on Monday facing attacks by a Turkish hacker, an announcement by the House of Representatives said....

268. Anastasiades takes the stand in passports probe

Cyprus’ citizenship by investment scheme will not be revived but other incentives will be given to attract investments, excluding citizenship, President Nicos Anastasiades said on Tuesday, following a 3-hour-long testimony before the investigative committee probing Cyprus’ nixed citizenship-by-investment scheme....

269. MPs approve publication of PEP bad loans list

Parliament on Thursday approved the publication of the list of politically exposed persons (PEP) with non-performing loans, known as the Yiorkadji list....

270. FinMin confirms Cyprus won’t reinstate ‘golden passports’ scheme

Finance minister Constantinos Petrides assured that the government will not be reinstating the Cyprus Investment Program (CIP), that was shut down after the shocking corruption revelations that emerged through an Al Jazeera investigation and the subsequent stark criticism by the European Commission. ...