https://knews.kathimerini.com.cy/en/news/cryptocurrency-seized-in-cyprus-as-fraud-network-unravels
A well-established international cryptocurrency fraud, dismantled recently, resulted in numerous victims and significant profits for a criminal network....
https://knews.kathimerini.com.cy/en/business/residential-and-commercial-land-for-sale-by-astrobank
AstroBank has listed for sale residential and commercial parcels in Famagusta, Paphos, and Nicosia that are ideal for investment. ...
https://knews.kathimerini.com.cy/en/business/household-deposit-rates-surge-as-home-buying-loan-rates-dip
In March 2024, the financial landscape in Cyprus saw some interesting shifts, according to data released by the Central Bank of Cyprus. Here's a breakdown of what happened:...
https://knews.kathimerini.com.cy/en/news/who-bears-responsibility-for-the-energy-transition
Chris Angelides serves as the Managing Director in the oil and gas consulting division of Ernst & Young LLP in Houston....
https://knews.kathimerini.com.cy/en/news/st-kitts-and-nevis-appoints-joseph-borghese-as-special-envoy-for-fdis
In a strategic effort to boost Foreign Direct Investment (FDI) initiatives, the Government of the Federation of St. Kitts and Nevis has appointed His Excellency Joseph Borghese as Special Envoy for Foreign Direct Investments. ...
https://knews.kathimerini.com.cy/en/news/fighting-high-interest-rates-is-europe-s-main-challenge
The European economy faces significant challenges amidst the current geopolitical crisis, which threatens its global position. ...
https://knews.kathimerini.com.cy/en/news/ecb-maintains-€6-76-billion-worth-of-cypriot-government-bonds
The value of Cypriot government bonds held by the European Central Bank remained steady at €6.76 billion by the end of April. This is part of the ECB's efforts to scale back its holdings and control inflation....
https://knews.kathimerini.com.cy/en/news/china-s-leader-targets-hungary-serbia-for-investments
Chinese leader Xi Jinping will spend most of his five-day tour in Europe this week in two small countries in the continent’s eastern half, a region that Beijing has used as a foothold for its expanding economic ambitions in Europe....
https://knews.kathimerini.com.cy/en/life/nicosia-to-blossom-with-new-environmental-center-along-pedieos-river
The Municipality of Nicosia is embarking on a transformative endeavor, announcing plans for an innovative environmental center nestled along the banks of the Pedieos River in Lakatamia. ...
https://knews.kathimerini.com.cy/en/news/ai-powered-deepfake-identity-thefts-surge-3-000
Several months ago, a worker in Hong Kong unexpectedly conducted a transaction worth $25 million for her company, following instructions given......
https://knews.kathimerini.com.cy/en/news/mod-breach-exposes-uk-military-personnel-s-names-and-bank-details
The Ministry of Defence has suffered a significant data breach and the personal information of UK military personnel has been hacked....
https://knews.kathimerini.com.cy/en/business/new-ceo-for-cablenet-communication-systems-plc-in-cyprus
Ioannis Mavridis, a seasoned executive with over 20 years’ international experience in the banking and telecoms industries, will be assuming the role of CEO......
https://knews.kathimerini.com.cy/en/business/cyprus-navigates-economic-uncertainty-with-strong-economic-reserves
Cyprus is sitting pretty with a lot of cash in the bank, and it's good news for handling any economic bumps in the road. The government's stash of nearly €2.83 billion can cover a big chunk of its debts due in the next year....
https://knews.kathimerini.com.cy/en/news/mp-neofytou-proposes-11-000-immediate-payout-for-solidarity-fund-recipients
Democratic Rally MP Averof Neophytou has unveiled a groundbreaking initiative aimed at alleviating financial burdens for beneficiaries of the Solidarity Fund....
https://knews.kathimerini.com.cy/en/business/consulco-s-london-credit-fund-shines-in-q1-2024
Exciting opportunities are unfolding for the Cyprus-led humanitarian initiative "Amalthea," aimed at delivering vital aid to the Gaza Strip by sea....
https://knews.kathimerini.com.cy/en/comment/opinion/our-neighborhood-just-got-unpredictable-again
This part of the world has always been full of surprises. The most recent came on Friday afternoon when Turkish President Recep Tayyip Erdogan lashed out at the United States and Israel and said he was calling off a planned visit to Washington. ...
https://knews.kathimerini.com.cy/en/news/icc-eyes-netanyahu-for-potential-arrest
The International Criminal Court is probing Israel's actions in the West Bank and Gaza, independent of other cases at the International Court of Justice, such as South Africa's genocide claims against Israel in Gaza....
https://knews.kathimerini.com.cy/en/news/former-central-bank-governor-reflects-on-achievements-and-future-plans
In an exclusive interview with Andreas Kimitris of Kathimerini, former Cyprus Central Bank Governor Constantinos Herodotou delved into various aspects of his tenure and the hurdles encountered during his term. ...
https://knews.kathimerini.com.cy/en/news/macron-declares-europe-is-mortal-calls-for-unity
The 27-country bloc needs to urgently rethink its defence and economic models to not fall behind its rivals, the French leader said.
...
https://knews.kathimerini.com.cy/en/news/cyprus-reports-€133-1-million-increase-in-march-loans
In March, both total deposits and loans saw an upward trend, with liquidity (the difference between loans and deposits) exceeding €27 billion, according to statistics on deposits and loans from Monetary Financial Institutions published today by the Central Bank of Cyprus.
...
https://knews.kathimerini.com.cy/en/news/court-postpones-hearing-on-disputed-monastic-funds
The Nicosia Provincial Court on Friday postponed the examination process of the application to cancel the warrants of confiscation of the property of the monks of the Holy Monastery of St. Avvakoum, including the sum of 807,000 euros....
https://knews.kathimerini.com.cy/en/news/eurobank-set-to-dominate-cyprus-insurance-scene-with-hellenic-stake
As Eurobank eagerly anticipates the green light from regulatory bodies such as the European Central Bank, the Central Bank of Cyprus, and the Companies Registrar for its acquisition of 55% ownership......
https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-sets-interest-rate-limit-at-11-42
The Central Bank of Cyprus determined the reference interest rate to be 11.42%, exercising its powers under article 314A of the Cyprus Penal Code, Cap.154, and in accordance with the provisions of the said article....
https://knews.kathimerini.com.cy/en/news/mckinsey-leaders-convene-at-green-agenda-cyprus-summit
Georgios D. Tsopelas embarked on his McKinsey journey in London back in 1994, blazing a trail that led to the establishment of the Athens office in 2000. ...
https://knews.kathimerini.com.cy/en/news/the-birth-of-bank-of-cyprus-in-1899
The narrative of the Bank of Cyprus, the venerable cornerstone of the island's financial landscape, traces its origins back to January 1, 1899. This pivotal moment heralded a new era not only for Cyprus's economy but also for its societal fabric....
https://knews.kathimerini.com.cy/en/business/€182m-deal-marks-hellenic-s-strategic-move-into-insurance-sector
CNP Cyprus, the subsidiary of the French insurance giant CNP Assurances, is finally being transferred to Hellenic Bank for €182 million....
https://knews.kathimerini.com.cy/en/business/hellenic-set-to-acquire-cnp-in-multimillion-euro-deal
Everything appears to be proceeding smoothly, and it seems that CNP Cyprus will soon be under the ownership of Hellenic Bank....
https://knews.kathimerini.com.cy/en/business/3-houses-for-sale-by-astrobank
AstroBank has listed for sale houses in Larnaca, Nicosia, and Paphos that are ideal for own-occupancy. ...
https://knews.kathimerini.com.cy/en/news/cypriot-banks-predicted-to-surpass-€1-2-billion-profits-in-2024
In a landmark year, Cypriot banks soared to unprecedented heights, boasting profits exceeding €1.1 billion in 2023....
https://knews.kathimerini.com.cy/en/news/lawyers-reveal-source-of-€807-000-found-in-safe
Lawyers representing two monks at the center of the scandal at the Monastery of Saint Avvakum have returned with a new letter, shedding light on the origin of the €807,000 found in a safe. ...
