https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation
International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks.
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https://knews.kathimerini.com.cy/en/news/transport-for-london-accused-of-exploiting-eu-drivers-for-fines
European governments allege one of the largest data breaches in EU history as Transport for London (TfL) accused of illegally obtaining personal data for fines....
https://knews.kathimerini.com.cy/en/business/79-jump-in-consumer-complaints-this-year
In a substantial leap from 2022, the Cyprus Consumer Association reports a noteworthy spike in four complaint categories in 2023....
https://knews.kathimerini.com.cy/en/news/woman-wanted-in-paphos-for-stealing-charitable-contributions
The Paphos Police Department, led by spokesperson Michael Nicolaou, is currently investigating six cases of theft involving charitable contribution boxes taken from bakery cash registers. Authorities are actively seeking a 40-year-old woman in connection with these incidents....
https://knews.kathimerini.com.cy/en/news/senator-menendez-faces-explosive-new-charges-of-egypt-connection
US senator Robert Menendez, who is already facing corruption charges, has now been accused of acting as a foreign agent of Egypt.
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https://knews.kathimerini.com.cy/en/news/jack-straw-s-two-states-plea-for-cyprus-sparks-fury-and-accusations
The National Federation of Cypriots in the UK has dismissed an article penned by the British former Foreign Secretary Jack Straw in support of “two states” in Cyprus as “lacking substance and disregarding historical reality, international law and UK Treaty obligations to Cyprus.”...
https://knews.kathimerini.com.cy/en/comment/opinion/a-long-journey-always-begins-with-a-small-step
The many crises the EU has been facing recently should not let us forget the ongoing pain caused by the open wound of Cyprus’ division....
https://knews.kathimerini.com.cy/en/business/aub-mediterraneo-paphos-shaping-the-future-of-education-in-the-mediterranean
As the anticipation builds for the opening of the American University of Beirut - Mediterraneo in Paphos scheduled for September 2023, Kathimerini had the privilege of sitting down with Philip S. Khoury,...
https://knews.kathimerini.com.cy/en/business/boc-appoints-bank-of-america-as-joint-corporate-broker-resumes-dividend-payments
The Bank of Cyprus has announced the appointment of Bank of America Europe DAC (BofA Securities) as a joint Corporate Broker, along with NUMIS Securities Limited (NUMIS) and Keefe, Bruyette & Woods (KBW, acting through Stifel Nicolaus Europe Limited), with immediate effect....
https://knews.kathimerini.com.cy/en/business/boc-to-pay-dividends-after-12-years
The Bank of Cyprus is the first bank in Cyprus and Greece to receive approval from the European Central Bank (ECB) to pay dividends. The lender is expected to resume paying dividends to its shareholders after 12 years....
https://knews.kathimerini.com.cy/en/news/cyprus-scraps-online-migration-appointments-after-scandal
Immigration authorities in the Republic of Cyprus scrapped an online appointment platform on Monday after allegations were made public about agents selling available slots to foreigners for profit and causing months of waiting for those who did not shell out the cash...
https://knews.kathimerini.com.cy/en/news/thief-arrested-after-reporting-his-phone-lost-during-burglary
When he went to the police to find a mobile phone he lost while burglarizing a convenience store, a 27-year-old thief in Thessaloniki fell into a trap he unintentionally set for himself, which led to his arrest....
https://knews.kathimerini.com.cy/en/news/finance-ministry-cyprus-economy-will-not-enter-a-recession
There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...
https://knews.kathimerini.com.cy/en/news/eu-parliament-halts-work-on-qatar-related-cases
The European Union’s parliament voted Thursday to suspend work on all files involving Qatar, and called for security passes for representatives of the Gulf country’s interests to be withdrawn until light can be shed on a corruption scandal rocking the assembly....
https://knews.kathimerini.com.cy/en/news/missing-link-in-qatargate-broached-in-cyprus
A lawmaker and transparency advocate in Cyprus is calling on a Cypriot MEP to clarify earlier comments about his Greek colleague Eva Kaili, who remains in custody in connection with a corruption probe in the European parliament...
https://knews.kathimerini.com.cy/en/news/imf-predicts-a-return-to-fiscal-surpluses-for-cyprus-following-the-pandemic
Cyprus’ public finances will return to surpluses in 2023 which will continue until 2027, the IMF said in its Fiscal Monitor 2022 issued on Wednesday....
https://knews.kathimerini.com.cy/en/business/greek-governement-uses-citizens-to-report-tax-evaders
The Independent Authority for Public Revenue (AADE) is about to launch a new smartphone app in the coming days whereby citizens will be able to check whether the receipts they received are genuine....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-benefits-in-kind
There are a number of commercial benefits that come with registering the property in the name of a legal entity rather than as an individual e.g. for asset protection purposes as it provides protection against personal insolvency since a property that is in the name of a legal entity should not be affected should the individual becomes personally insolvent....
https://knews.kathimerini.com.cy/en/news/ec-projects-economic-slowdown-and-rising-inflation-for-cyprus
The European Commission has revised its economic projections for Cyprus citing a downward trend due to the effects of Russia’s invasion of Ukraine and the associated sanctions against Moscow on the island’s tourist and services sector....
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/business/cyprus-economy-grew-by-5-7-in-2021-according-to-eurostat
The continued high rate of growth in the fourth quarter of 2021 confirms the resilience and dynamism showed by the Cypriot economy and the soundness of our policies, boosting expectations for further growth in 2022, Finance Minister Constantinos Petrides said on Tuesday....
https://knews.kathimerini.com.cy/en/news/cyprus-government-under-pressure-to-get-it-right
Tough measures amid a recent spike may be off the table for now in the Republic of Cyprus as a partial Cabinet meets to brainstorm on ways to boost vaccination, with a skeptical public remaining either unconvinced about the vaccine route or still in the dark over pandemic data...
https://knews.kathimerini.com.cy/en/news/jiu-jitsu-director-says-cyprus-losing-out
The director and producers of martial arts movie Jiu Jitsu sought audience with Cyprus’ finance minister this week over delayed cash rebate payments, with reports saying the film makers are also ticked off by an unflattering audit report on the country’s Olivewood scheme...
https://knews.kathimerini.com.cy/en/news/police-lose-state-fraud-case-in-limassol
Defendants in Limassol’s case involving an alleged scam with food stamps and housing vouchers for homeless persons walked free this week, after prosecutors said they were unable to bring witnesses forward to testify in court...
https://knews.kathimerini.com.cy/en/news/masked-trio-rob-limassol-convenience-store
Three male youths robbed a convenience store in the wee hours Friday morning in Limassol, with police later finding evidence that had been set on fire...
https://knews.kathimerini.com.cy/en/news/new-rules-issued-for-food-and-beverage-establishments
With all restrictions on movement to be scrapped on May 21, when gatherings of groups of up 10 people will be permitted, the Health Ministry on Monday issued new instructions for cafes, restaurants and bars....
https://knews.kathimerini.com.cy/en/news/expert-tells-shoppers-no-need-for-testing
A local health expert tells consumers there is no need to rush and get tested if they shopped at a supermarket where an employee tested positive for the coronavirus...
https://knews.kathimerini.com.cy/en/news/greek-forces-use-tear-gas-to-repel-migrants
Greek riot police and troops used water cannon and tear gas on Wednesday against hundreds of migrants as they made another attempt to cross the border from Turkey into Greece....
https://knews.kathimerini.com.cy/en/news/girl-hospitalized-after-night-on-the-town
A thirteen-year-old girl was taken to hospital by her father after she consumed alcohol and had a firecracker accident at a public park in Limassol...
https://knews.kathimerini.com.cy/en/news/arrested-woman-linked-to-armed-robbery
A broken cell phone ended up linking a foreign woman, who was arrested Monday on theft charges, to another crime that took place ten years ag...