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/halloumi-s-twin-hellim-gets-pdo-in-the-north
A dairy in the north is the first Turkish Cypriot business found to be compliant with PDO requirements for halloumi, the cheese that grills, meaning ‘hellim’ can now compete with its Greek Cypriot twin in the EU market...
https://knews.kathimerini.com.cy/en/news/sustainability-is-the-name-of-the-game
The Deputy Ministry of Tourism in Cyprus has announced plans to create a new tourism strategy with a horizon of 2035. ...
https://knews.kathimerini.com.cy/en/business/wizz-air-s-new-aircraft-brings-exciting-new-destinations-to-larnaca
Wizz Air, the fastest-growing airline in Europe and the greenest in the world, has announced the arrival of its third aircraft at its base at Larnaca Airport. With the arrival of this modern aircraft, three new routes will be launched to and from Dammam, Jeddah and Riyadh....
https://knews.kathimerini.com.cy/en/news/more-third-country-nationals-repatriated-last-friday
A total of 67 third-country nationals, who resided illegally in Cyprus, were repatriated on Friday, during two operations, the Police announced....
https://knews.kathimerini.com.cy/en/news/eac-warns-of-fake-employees-asking-for-money
The Cyprus Electricity Authority (EAC) has warned consumers about impostors who pose as its employees or partners and demand money to restore their power supply....
https://knews.kathimerini.com.cy/en/business/sir-stelios-awards-10-bi-communal-teams-once-again
Sir Stelios Haji-Ioannou, founder and president of the Stelios Philanthropic Foundation, awarded 10 bi-communal teams, consisting of 10 Greek Cypriot and 10 Turkish Cypriot business people, who stood out in the “Stelios Bi-Communal Awards for Business Co-operation 2023”....
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/comment/opinion/it-s-that-time-yet-again-when-discussions-on-the-cyprus-issue-and-the-eu-abound
There are no last chances beyond the emotional charge of those involved in the Cyprus problem; only conditions abroad and at home that improve and deteriorate, and real life that consolidates situations and parameters....
https://knews.kathimerini.com.cy/en/news/free-steam-classes-for-ukrainian-women-and-girls-in-cyprus
Free educational programs for girls and women from Ukraine who live in Cyprus are being offered by the non-profit initiative Girls in STEAM Academy. The program will be available to girls 14-17 and women 18+ years old, free of charge and will take place in the English language....
https://knews.kathimerini.com.cy/en/news/ubs-steps-in-to-buy-rival-credit-suisse
Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal...
https://knews.kathimerini.com.cy/en/news/italy-weighs-in-as-cypriot-fund-goes-after-lukoil-plant
An Israeli-backed Cypriot fund’s deal to buy a Lukoil-owned refinery in Italy is hanging in the balance ahead of a Cabinet meeting in Rome possibly this week, when veto powers would be weighed against energy hub aspirations that could replace Russian gas and put the final nail in the coffin of a proposed EastMed pipeline...
https://knews.kathimerini.com.cy/en/news/athens-keeps-ball-rolling-on-cyprus-problem
Greek Foreign Minister Nikos Dendias will meet today, Thursday, with UN Secretary-General Antonio Guterres, to discuss the Cyprus problem, among other issues...
https://knews.kathimerini.com.cy/en/news/president-eager-to-resume-talks-with-tatar
The President of the Republic, Nikos Christodoulidis, met with UN Assistant Secretary-General for Political Affairs, Rosemary DiCarlo, at the Presidential Palace, where they discussed the need for negotiations to resume in order to achieve a bizonal bicommunal federation within the agreed framework. ...
https://knews.kathimerini.com.cy/en/news/supreme-cooperation-council-the-what-how-and-why
The announcement of the establishment of a joint body at the highest bilateral level, which could potentially function as a "Supreme Cooperation Council" between Greece and Cyprus, is undoubtedly the most significant news to emerge from President Christodoulides' visit to Athens....
https://knews.kathimerini.com.cy/en/news/kedipes-interest-subsidies-for-good-loans-in-2023
As a reward for borrowers who stick to the repayment schedule of their credit facilities for the year 2023, KEDIPES is moving forward with an interest subsidy for restructured credit facilities that have the ECB base rate as their base rate....
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/uk-to-pay-france-half-a-billion-pounds-to-curb-channel-crossings
Britain is to pay France almost half a billion pounds over the next three years in a high-stakes gamble to end Channel migrant crossings....
https://knews.kathimerini.com.cy/en/news/latvia-confiscated-cars-from-drunk-drivers-sent-to-ukraine
The first of hundreds of cars confiscated by Latvian authorities from drunk drivers have started their journey to Ukraine, where Riga hopes they’ll help Kyiv with its war efforts....
https://knews.kathimerini.com.cy/en/news/new-minister-announces-urgent-safety-upgrades-to-rail-network
Greece’s newly-appointed transport minister on Wednesday announced a series of measures to improve the safety of the country’s railway system in the wake of the deadly train collision on February 28....
https://knews.kathimerini.com.cy/en/news/volunteers-and-their-kids-took-part-in-cans-for-kids-campaign
Dozens of citizens from across the Nicosia district took part on Saturday, March 4, in the Cans For Kids WE CAN Spring Clean-up campaign, held near their recycling center in the Nicosia municipality Green Spot....
https://knews.kathimerini.com.cy/en/news/ferry-will-service-larnaca-as-well-as-limassol-to-piraeus
The Daleela ship will begin sailing from Larnaca to Piraeus in August, connecting Cyprus and Greece by sea. ...
https://knews.kathimerini.com.cy/en/news/increasing-cloudiness-and-isolated-showers-today
Today's weather will be mostly clear, but there will be locally increasing clouds, especially after midday, which will cause isolated showers, primarily in the mountains and some inland areas. ...
https://knews.kathimerini.com.cy/en/news/cypriot-house-speaker-calls-out-kompromat-post
Cyprus Police announced extra security measures on Monday for the House Speaker and members of her family, following the emergence of allegations on social media regarding a drug arrest cover-up and fake news counter claims from the top legislator...
https://knews.kathimerini.com.cy/en/news/saudi-arabia-puts-$5-billion-into-turkish-central-bank
Saudi Arabia said Monday it deposited $5 billion into the Turkish central bank, likely helping Ankara firm up its long-weakening currency, the lira, after last month’s massive earthquake that struck southeast Turkey and northern Syria....
https://knews.kathimerini.com.cy/en/news/rain-on-the-way-while-mountains-stay-frosty
Today's weather will be partly cloudy with isolated showers expected from time to time, while an isolated thunderstorm is not being ruled out in the afternoon. ...
https://knews.kathimerini.com.cy/en/news/government-s-fuel-tax-reduction-scheme-extended-to-may-4th
The President of the Republic Nikos Christodoulides has already signed the law extending the reduction of fuel taxes until May 4, 2023, following the approval of the relevant bill today, by the House Plenary....
https://knews.kathimerini.com.cy/en/news/three-day-mourning-period-for-anastasia-and-kyprianos
President of Cyprus Nikos Christodoulides declared a three-day mourning period until the burial day of two Cypriot students, who lost their lives at the fatal train crash, in Tempi, Greece. The remains of 23-year-old Kyprianos Papaioannou and 24-year-old Anastasia Adamidou were identified through the DNA process....
https://knews.kathimerini.com.cy/en/news/high-concentrations-of-dust-in-the-air-today
High concentrations of dust are expected to dominate the skies today, March 3, 2023, according to measurements from the ground stations of the Air Quality Monitoring Network of the Labour Inspections Department....
https://knews.kathimerini.com.cy/en/news/24-year-old-anastasia-also-among-the-dead-confirmed-after-dna-match
The body of Paphos resident Anastasia Adamidou, 24, was recently identified using DNA after the identification of Kyprianos Papaioannou's body. Anastasia was located in the third carriage of the train, the announcement noted....
