https://knews.kathimerini.com.cy/en/news/in-historic-shift-germany-ramps-up-defense-spending-due-to-russia-s-ukraine-war
Chancellor Olaf Scholz on Sunday announced a major boost to German military spending in the latest of a series of dramatic moves reversing decades of Germany’s post-Cold War foreign policy in just a few days....
https://knews.kathimerini.com.cy/en/news/i-need-ammunition-not-a-ride-zelensky-blasts-biden-for-offering-to-evacuate-him-from-kyiv
Ukrainian President Volodymyr Zelensky told President Joe Biden 'I need ammunition, not a ride,' when offered the chance of a US-backed evacuation....
https://knews.kathimerini.com.cy/en/business/cyprus-sees-increase-in-investment-funds
The number of investment funds in Cyprus recorded a new high in December 2021, reaching 257, with their total assets reaching 8.7404 billion euros, achieving a 2.4% increase, in comparison to September 2021, according to data published by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/welcome-back-australia-opens-its-borders-two-years-later-images
Australia today completely opened its external borders to travelers who have been vaccinated against the coronavirus after being shut down for almost two years due to the pandemic, with tourists returning to the country and hundreds of people reuniting with relatives and friends....
https://knews.kathimerini.com.cy/en/news/historic-leak-of-swiss-banking-records-reveals-unsavory-clients
Despite two decades of pledges by Credit Suisse to crack down on illegitimate funds, data leaked from the bank reveals that it catered to dozens of criminals, dictators, intelligence officials, sanctioned parties and political actors with outsized wealth....
https://knews.kathimerini.com.cy/en/news/larnaca-port-and-marina-will-upgrade-the-cypriot-economy-says-minister-of-transport
Minister of Transport, Communications and Works, Yiannis Karousos, said on Friday that the project of Larnaca port and marina will significantly reinforce the Cypriot economy, with the benefit estimated at 120 million euros per year....
https://knews.kathimerini.com.cy/en/business/cyprus-reaches-new-record-in-number-of-investment-funds-€8-74-billion-in-total-assets
The number of Investment Funds in Cyprus recorded a new high in December 2021, reaching 257, with their total assets reaching €8,740.4 million, achieving a 2.4% increase, in comparison to September 2021, according to data published by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/plea-bargain-offers-glimpse-into-azeri-trial
Prosecutors in Cyprus were on the rebound this week in the Azeri case after a defendant pleaded guilty to two charges, prompting media to speculate that a deal with the suspect-turned-witness could also make good on terror charges in a thwarted plot against Israelis on the island...
https://knews.kathimerini.com.cy/en/news/op-ed-complicated-relationships-amidst-a-crisis
The Ukrainian crisis and the diplomatic initiatives of recent days are shedding light on the complex alliances being tested and on the possible new outbreaks of tension....
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/gesy-€1-21-billion-in-expenses-from-920-000-beneficiaries-in-2021
Total expenses for services from the General Healthcare System (GHS) in Cyprus came to €1.21 billion in 2021, from approximately 920,000 beneficiaries, Senior Officer of the Health Insurance Organisation (HIO) Angelos Tropis told CNA, adding that based on the preliminary results, the 2021 expenses will approximately be equal to total revenue.
...
https://knews.kathimerini.com.cy/en/news/turkish-opposition-leader-refuses-to-pay-power-bill-in-protest
Turkey’s main opposition leader said he will not pay his power bills until Tayyip Erdogan withdraws recent price hikes, and the president’s ruling party slammed the move on Thursday as a provocation amid growing discontent over surging inflation....
https://knews.kathimerini.com.cy/en/news/nasal-spray-could-be-the-future-of-the-covid-vaccine
When we think about COVID vaccines, most of us picture a pointy needle — and some of us might even faint. But what if getting vaccinated was as easy as inhaling a nasal spray?...
https://knews.kathimerini.com.cy/en/news/cyprus-categorized-as-a-flawed-democracy-according-to-a-report-in-the-economist
Cyprus not only remains in the category of a "flawed democracy", in The Economist's Democracy Index but ranked worse in 2021 compared to 2020.
...
https://knews.kathimerini.com.cy/en/news/sweden-ends-covid-19-testing-as-pandemic-restrictions-lifted
Sweden has halted wide-scale testing for COVID-19 even among people showing symptoms of an infection, putting an end to the mobile city-square tent sites, ...
https://knews.kathimerini.com.cy/en/news/tui-large-demand-for-travel-this-summer
The tourist giant TUI gives optimistic prospects for this year's tourist traffic, which announced increased revenues of 2.37 billion euros in the first quarter of 2022, ...
https://knews.kathimerini.com.cy/en/business/credit-suisse-faces-money-laundering-charges-in-bulgarian-cocaine-traffickers-trial
Credit Suisse faced charges in a Swiss court on Monday for allowing an alleged Bulgarian cocaine trafficking gang to launder millions of euros, some of it stuffed into suitcases....
https://knews.kathimerini.com.cy/en/news/after-two-years-of-closed-borders-australia-welcomes-the-world-back
Australia said on Monday it will reopen its borders to vaccinated travelers this month, ending two years of misery for the tourism sector, reviving migration and injecting billions of dollars into the world No. 13 economy....
https://knews.kathimerini.com.cy/en/news/op-ed-it-s-not-the-pipeline-stupid
In 1992, the Clinton campaign adopted the tagline “It’s the economy, stupid” to identify the candidate’s signature issue....
https://knews.kathimerini.com.cy/en/news/police-off-limits-as-house-tackles-light-bar-use
A House committee is currently examining new rules to minimize the use of light bars by towing trucks, following complaints by motorists, but the bill won’t address ambulance and police vehicles even as some usage remains unclear ...
https://knews.kathimerini.com.cy/en/business/pandemic-to-‘spell-end-of-tax-privileges-for-billionaires
Thomas Piketty is one of the most famous economists in the world. His weighty tomes on inequality and its dangerous consequences for global capitalism have been widely praised by other stars of the dismal science, like Paul Krugman and Robert Solow. ...
https://knews.kathimerini.com.cy/en/business/billionaire-mark-cuban-opens-online-pharmacy-to-provide-affordable-generic-drugs
Mark Cuban has officially launched his newest venture—the online pharmacy Cost Plus Drugs....
https://knews.kathimerini.com.cy/en/news/paris-hospitals-chief-martin-hirsch-sparks-debate-on-whether-unvaccinated-patients-should-pay-for-treatment
The head of the Paris hospitals system has set off a fierce debate by questioning whether people who refuse to be vaccinated against COVID-19 should continue to have their treatment covered by public health insurance....
https://knews.kathimerini.com.cy/en/news/euroasia-secures-eu-funds-for-cyprus-but-israel-left-out
Cypriot Energy Minister Natasa Pilides has welcomed the approval the approval of EU funds for the EuroAsia Interconnector, but the money is not enough for the submarine cable to reach Israel...
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/op-ed-the-eastmed-project-and-dilemmas-over-energy-strategy
The unprecedented energy crisis unfolding in Europe is a result of the European Union’s stubborn and one-sided preoccupation with the Green Deal (which is important in its own right). ...
https://knews.kathimerini.com.cy/en/news/bill-calls-for-shadowing-learner-delivery-drivers
A proposed bill on new regulations for drivers of motorcycles in Cyprus introduces measures aimed at boosting safety, but the law would also mean tough restrictions on food delivery guys who work on a learner’s permit...
https://knews.kathimerini.com.cy/en/news/cyprus-scores-low-on-public-sector-corruption
The Republic of Cyprus was at a historic low in terms of perceived levels of corruption in the public sector, according to figures released this week by Transparency International...
https://knews.kathimerini.com.cy/en/business/teddy-sagi-s-playtech-embroiled-in-takeover-battle
Israeli billionaire Teddy Sagi, the founder of Playtech, declined to comment on the withdrawal of Eddie Jordan's potential bid for the online gambling company he founded back in 1999....
https://knews.kathimerini.com.cy/en/news/cyprus-passes-national-whistleblower-law
Cypriot lawmakers passed a consolidated bill on whistleblowing protections on Thursday after years of delays and EU pressure, with the new law aimed to shield employees from retaliation after speaking up against corruption...
