https://knews.kathimerini.com.cy/en/business/expanding-profitability-and-strengthening-capital-position
Group Financial Results for the year ended December 31, 2022...
https://knews.kathimerini.com.cy/en/comment/opinion/here-comes-the-digital-euro
The digital euro is set to be a new form of digital currency from the European Central Bank. It will aim to provide a secure, fast and efficient method of payment in the European Union and will be based on a distributed ledger technology,...
https://knews.kathimerini.com.cy/en/business/astrobank-reward-plan-for-good-borrowers
Astrobank is currently developing a plan to reward its consistent borrowers by providing relief for those who have mortgage loans worth up to €350,000....
https://knews.kathimerini.com.cy/en/news/police-enforcing-smoking-ban-in-closed-spaces
Police and health officials in Cyprus have joined forces to launch a new campaign to combat smoking in closed spaces. The initiative, which began on April 28 and will run until June 17, aims to enforce the Health Protection Law and will involve inspections of nightclubs and other venues where smoking is prohibited....
https://knews.kathimerini.com.cy/en/business/employers-and-trade-unions-clash-over-cola-index-proposal
Today, Wednesday, May 3rd, employers will have a meeting regarding the Cost of Living Adjustment (CoLA) index, and on Thursday, May 4th, the trade unions will have theirs....
https://knews.kathimerini.com.cy/en/news/sexual-harassment-now-a-separate-disciplinary-offence-in-police-and-fire-brigade
The Council of Ministers unanimously approved a proposal from the Ministry of Justice and Public Order to classify sexual harassment as a separate disciplinary offense in the Police and Fire Brigade. The decision was made during a meeting held on Tuesday....
https://knews.kathimerini.com.cy/en/news/14-year-old-kills-8-classmates-and-security-guard-in-belgrade
A 14-year-old boy opened fire in his Belgrade classroom on Wednesday morning, shooting dead eight fellow pupils and a security guard in a pre-planned attack and wounding seven others, Serbian officials said....
https://knews.kathimerini.com.cy/en/news/banks-announce-measures-on-interest-rates
Since July 2022, lending rates in Cyprus have risen by 3.5%, putting borrowers in a difficult position with dangerously increasing loan repayments....
https://knews.kathimerini.com.cy/en/news/cyprus-2022-household-assets-reach-€59-7b-debt-at-€20b
In December 2022, the total value of financial assets held by households was €59.7 billion. Out of this amount, 62% was invested in currency, deposits, and loans, 2% was allocated to debt securities, 19% was invested in stocks, and the remaining 17% was invested in other types of financial instruments....
https://knews.kathimerini.com.cy/en/business/1-building-land-for-sale-by-astrobank
AstroBank is selling building land in various districts of Cyprus such as Paphos, Larnaca, Famagusta, and Nicosia....
https://knews.kathimerini.com.cy/en/news/more-than-330-000-people-displaced-in-sudan-due-to-conflict
Deadly conflicts in Sudan have displaced more than 330,000 people inside the country, while more than 100,000 have crossed the border to neighboring countries, the United Nations has announced....
https://knews.kathimerini.com.cy/en/news/decline-in-asylum-approvals-in-cyprus-in-2022
According to data from Eurostat, the statistical service of the EU, EU countries granted protection status to 384,245 asylum seekers in 2022, up 40% from the previous year. However, in Cyprus, there was a significant decrease in protection status, with only 580 cases being granted (compared to 2,305 in 2021)....
https://knews.kathimerini.com.cy/en/news/cyprus-deposits-reach-€51-9b-loans-at-€25-1b-in-march-2023
Total deposits reached €51.9 billion in March 2023, while total loans stood at €25.1 billion, according to data published by the Central Bank of Cyprus on Tuesday, in the April 2023 edition of Monetary and Financial Statistics....
https://knews.kathimerini.com.cy/en/news/100-cypriot-wines-to-feature-new-winecore-logo-on-packaging
The wine industry in Cyprus is at a turning point, as coordinated upgrading and promotion efforts are underway in both the private and public sectors. ...
https://knews.kathimerini.com.cy/en/news/echr-takes-on-ayia-napa-gang-rape-case
The Republic of Cyprus is defending its actions after its own Supreme Court cleared a British woman of lying to police about a gang rape in 2019, with both sides sticking to their guns as the case is now appears before the European Court of Human Rights...
https://knews.kathimerini.com.cy/en/news/more-details-and-questions-emerge-in-disappearance-case
New developments and more questions emerged on Tuesday in the disappearance of a Limassol man after police re-arrested the main suspect hours before his remand expired, with reports saying the judge heard about new incriminating statements from other jailed suspects...
https://knews.kathimerini.com.cy/en/business/cyprus-ranks-3rd-in-eu-for-long-working-hours
A 9.7% of employed people in Cyprus (7% in the EU) worked long hours (working usually 49 hours or more per week) in their main job in 2022 according to data published by Eurostat, the statistical service of the European Union. Cyprus also had the third-largest percentage among all member states....
https://knews.kathimerini.com.cy/en/news/ai-pioneer-regrets-contribution-to-field-quits-google-over-concerns
The man often touted as the godfather of AI has quit Google, citing concerns over the flood of fake information, videos and photos online and the possibility for AI to upend the job market....
https://knews.kathimerini.com.cy/en/news/turkey-says-it-‘kann-deliver-on-air-defence
A fifth generation stealth fighter jet developed and produced in Turkey was shown off on Monday, with Ankara delivering on a promise made two years ago when the first indigenous engine was put to the test amid F16 restrictions...
https://knews.kathimerini.com.cy/en/news/man-falls-to-his-death-from-ayia-napa-s-famed-cliff
A man believed to be a foreign national was killed in Ayia Napa on Saturday after he fell off a cliff at a famous tourist attraction possibly while trying to take a selfie...
https://knews.kathimerini.com.cy/en/news/russian-fire-incident-report-in-cyprus-delayed
Officials in Cyprus have postponed their findings on the fire at the Russian center in Nicosia, after a chemical report requested by the fire department was delayed, leaving room for speculation about the blaze as well as the overall investigation...
https://knews.kathimerini.com.cy/en/news/media-outlets-jump-gun-on-russian-fire-in-cyprus
A fire department representative in Cyprus says speculation about a possible discarded cigarette being the cause of a fire at the Russian cultural center in Nicosia came directly from media outlets, not officials, who are still investigating the incident...
https://knews.kathimerini.com.cy/en/life/minthis-spa-wins-a-gold-award-in-cyprus-tourism-awards
We are proud to announce that MINTHIS and its world-class destination Spa has won a prestigious award at the Cyprus Tourism Awards 2022. ...
https://knews.kathimerini.com.cy/en/news/3-000-ukrainian-refugees-to-be-evicted-from-hotels-by-end-of-month
Cypriot authorities plan to evict about 3,000 Ukrainian refugees currently living in hotels in Cyprus by the end of this month....
https://knews.kathimerini.com.cy/en/business/michael-kyprianou-co-llc-partners-with-ip-expert-nick-kounoupias
Following the successful launch of Cyprus IP Day on April 26th, 2023 hosted at the firm’s Nicosia office, which saw a number of local and international speakers share their insight and knowledge on the subject of Intellectual Property (IP), and provided innovators, entrepreneurs, and businesses with an opportunity to connect with IP experts, Michael Kyprianou & Co LLC announces the newly formed partnership with one of the speakers at Cyprus IP Day, UK IP Champion and IP expert Nick Kounoupias....
https://knews.kathimerini.com.cy/en/business/russian-officials-attempt-to-link-cultural-centre-fire-to-malicious-activity
According to the competent authorities of the Republic of Cyprus, the fire that broke out at the Russian Cultural Centre on Wednesday afternoon was determined to be caused by human error, specifically by a cigarette lighter. ...
https://knews.kathimerini.com.cy/en/news/labor-minister-proposes-compromise-on-cola-issue
Labour Minister Yiannis Panagiotou presented a mediation proposal on the CoLA issue to trade unions and employers' organizations on Friday morning (28/04)....
https://knews.kathimerini.com.cy/en/news/shriners-director-provides-care-to-children-in-cyprus
Mathew Brock McConkey, Director of Prosthetics and Orthotic Rehabilitation at the renowned Shriners Hospitals, traveled to Cyprus for the second time in the last four months to provide high-quality care to children who were deemed in need of prosthetic limbs, splints and other orthopedic rehabilitation aids....
https://knews.kathimerini.com.cy/en/comment/opinion/what-s-wrong-with-a-little-transparency
There has been a lot of buzz surrounding e-kalathi in recent days. It is an electronic platform that aims to provide consumers with real-time updates on the prices of products in supermarkets, enabling them to easily find the best deals on their preferred products....
https://knews.kathimerini.com.cy/en/news/police-silent-over-alleged-op-to-catch-teen-predator
Police declined to comment on an alleged kidnapping of two teenagers at a park in Nicosia, following reports that a boy and a girl accompanied by their parents filed a complaint that led to a failed undercover operation to catch a pervert...
