https://knews.kathimerini.com.cy/en/news/cyprus-will-request-ec-permission-to-implement-mortage-to-rent-scheme
Cypriot authorities plan to submit in June an official request to the European Commission for the implementation of a mortgage-to-rent scheme, aiming to address non-performing loans collateralized by primary residences and SME business premises with an estimated contractual value of €3 billion....
https://knews.kathimerini.com.cy/en/business/lower-interest-rates-on-deposits-and-consumer-loans
A decrease in interest rates on deposits and consumer loans and a marginal increase in the interest rates on mortgages can be seen in the data published on Thursday by the Central Bank of Cyprus for March 2022....
https://knews.kathimerini.com.cy/en/news/inflation-in-turkey-spikes-to-almost-70
Inflation in Turkey reached record levels of almost 70% in April, rising by 8.83 points in a month, according to official statistics released today....
https://knews.kathimerini.com.cy/en/news/cyprus-rcb-bank-and-its-kremlin-ties
On March 24, Cyprus’s fourth-largest bank announced it would wind down its banking operations in the wake of the “volatile geopolitical situation” caused by Russia’s invasion of Ukraine a month earlier....
https://knews.kathimerini.com.cy/en/news/ukraine-war-us-involvement-is-payback-for-2016-us-elections
Fox News host Tucker Carlson suggested this week that the US government's involvement in Ukraine is aimed at deposing Russian leader Vladimir Putin and is meant as "payback for the 2016 election."...
https://knews.kathimerini.com.cy/en/news/how-marcos-could-control-hunt-for-his-family-s-wealth-as-philippines-president
If Ferdinand Marcos Jr. triumphs in the upcoming Philippines presidential election, he will wield broad powers over government agencies seeking to recover as much as $10 billion plundered by his namesake father during his autocratic rule....
https://knews.kathimerini.com.cy/en/news/greece-sets-price-ceiling-on-electricity
The government is to introduce a price ceiling on the wholesale electricity market as the request for coordinated measures at the European level, which was reformulated on Monday at the Extraordinary Council of Energy Ministers by Energy Minister Kostas Skrekas, did not appear to gain traction....
https://knews.kathimerini.com.cy/en/news/eu-states-divided-over-russian-oil-sanctions
The European Union was preparing sanctions on Russian oil on Monday, with possible exemptions for wary countries, and warned that complying in full with Moscow's proposed scheme to receive gas payments in roubles would breach existing EU sanctions....
https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-economies-facing-a-twin-problem-following-the-war-in-ukraine
The EU and Cyprus economies are facing a “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, according to discussions held by the Nicosia Chamber of Commerce and Industry and the European Investment Bank (EIB)....
https://knews.kathimerini.com.cy/en/news/at-least-five-russian-businessmen-have-died-by-apparent-suicide-in-just-three-months
At least five prominent Russian businessmen have reportedly died by suicide since late January, with three of them allegedly killing members of their families before taking their own lives....
https://knews.kathimerini.com.cy/en/news/anastasiades-the-protection-of-employees-rights-is-a-priority
President Nicos Anastasiades on Sunday listed a number of government policies and strategies as well as decisions in favor of laborers, as he addressed an event organized by trade union SEK in honor of Labor Day at the village of Amiantos....
https://knews.kathimerini.com.cy/en/news/‘i-will-visit-athens-when-we-win-the-war-ukraine-s-president-tells-kathimerini
Volodymyr Zelenskyy looked worn, he was probably sleepless, but he spoke passionately in his signature husky, nasal voice, stopping often to take a sip of coffee from the cup next to him....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-hub-hopes-hanging-by-a-thread
Nicosia is eagerly awaiting news any day now that could potentially revive the island’s hopes in the energy game, with all eyes on whether a UK-based company with contracts in Israel could find enough gas to bypass red tape and send some of it to a friendly neighbor’s hub...
https://knews.kathimerini.com.cy/en/news/turkey-expands-usage-of-mir-to-circumvent-payment-problems-for-russian-tourists
Turkey is trying to attract more Russian tourists by expanding the usage of the Russian Mir payment system in Turkey as it seeks to bypass the payment bottleneck created by Western sanctions....
https://knews.kathimerini.com.cy/en/business/facebook-google-stripe-shopify-investing-a-billion-dollars-in-pre-orders-for-captured-carbon
Four gargantuan tech companies have put together a $1.2 billion fund to pull carbon out of the atmosphere with a unique model that could go a long way to preventing 1.5°C of warming....
https://knews.kathimerini.com.cy/en/news/us-house-passes-bill-urging-biden-to-sell-off-seized-russian-yachts-and-jets
The US House of Representatives yesterday passed legislation calling on President Joe Biden to sell the seized yachts, private jets and other assets owned by sanctioned Russian oligarchs....
https://knews.kathimerini.com.cy/en/news/europe-scrambles-for-natural-gas-solution-as-putin-squeezes-supply
The European Union is racing to find alternative suppliers of natural gas after Russia's Gazprom cut flows to two EU nations, sparking fears that others will soon follow....
https://knews.kathimerini.com.cy/en/news/more-‘golden-passports-revoked
The Council of Ministers decided last week to revoke the citizenship of four more Russians, including their family members, who obtained ‘Golden Passports’ under the island’s disgraced Citizenship by Investment scheme that was brought to an abrupt end in November 2020....
https://knews.kathimerini.com.cy/en/news/zelensky-gets-face-to-face-pledge-from-us
Washington's top diplomat and defense secretary both visited Kyiv on Sunday, and used the first official US visit to Ukraine since Russia invaded two months ago to announce a gradual return of US diplomats to the country and the nomination of a new ambassador...
https://knews.kathimerini.com.cy/en/news/cyprus-convicts-‘sex-client-on-trafficking-charges
A male customer who was apprehended during a raid at a suspected illegal brothel in Limassol last year has been sentenced to prison on trafficking and exploitation charges, after Cypriot lawmakers introduced tough but controversial legislation that criminalizes sex buyer behavior...
https://knews.kathimerini.com.cy/en/news/three-women-jailed-in-‘illegal-brothel-case
Three women initially suspected of being sex trafficking victims have been arrested in Nicosia on suspicion of taking part in the running of an illegal brothel, with police securing eight-day remands but declining to specify any provisional charges against them...
https://knews.kathimerini.com.cy/en/news/two-prostitutes-detained-after-botched-trafficking-raid
Police are filing charges against two women accused of running an illegal brothel, after they were arrested on Thursday in Limassol during an undercover trafficking operation that yielded no evidence...
https://knews.kathimerini.com.cy/en/news/more-than-100-private-jets-owned-by-russian-oligarchs-are-stuck-in-dubai
Private jets belonging to Russian oligarchs that flew to Dubai to seek refuge from sanctions, following Russia's invasion of Ukraine are effectively stuck there, The Wall Street Journal reported....
https://knews.kathimerini.com.cy/en/news/‘immediate-solutions-test-cyprus-take-on-eastmed
A US energy official urged Nicosia to seek 'other options' if the island wanted to get energy quickly into markets, with Italy doing just that earlier this week when Rome clinched a deal with Algeria to replace Russian gas imports through the Transmed pipeline...
https://knews.kathimerini.com.cy/en/news/eib-ready-to-offer-funding-to-mitigate-effects-of-ukrainian-war-on-cyprus
New investment opportunities in Cyprus, as well as funding to mitigate the effects of the war in Ukraine, were discussed on Monday by President Nicos Anastasiadis, Finance Minister Constantinos Petridis and European Investment Bank (EIB) President Werner Hoyer. ...
https://knews.kathimerini.com.cy/en/business/eib-president-visits-cyprus-to-discuss-support-for-new-investments
European Investment Bank President, Werner Hoyer, is in Nicosia meeting with representatives of the Cypriot Government today....
https://knews.kathimerini.com.cy/en/life/have-reasearchers-found-a-way-to-turn-back-the-clock
People could eventually be able to turn back the clock on the cell-aging process by 30 years, according to researchers who have developed a technique for reprogramming skin cells to behave as if they are much younger....
https://knews.kathimerini.com.cy/en/business/euler-hermes-is-now-allianz-trade
Todaymarks a new chapter in our story: Euler Hermes, the world leader in trade credit insurance, becomes Allianz Trade – a natural moveas we have been fully part of the Allianz Group since 2018...
https://knews.kathimerini.com.cy/en/news/roman-abramovich-asking-friends-for-loans
Russian billionaire Roman Abramovich is reportedly seeking loans from his wealthy and powerful friends in Hollywood, Wall Street and the tech industry in order to be able to pay his staff, as his US and UK accounts have been frozen....
https://knews.kathimerini.com.cy/en/news/russia-teetering-on-brink-of-default-as-us-stops-bond-payments
The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at U.S. banks, in a move meant to ratchet up pressure on Moscow and eat into its holdings of dollars....
