https://knews.kathimerini.com.cy/en/business/alpha-bank-ceo-eyes-expansion-in-romania
Alpha Bank chief executive officer Vassilis Psaltis pointed to further expansion and acquisitions in Romania in a joint interview with the CEO of Italian bank UniCredit, Andrea Orcel for Bloomberg....
https://knews.kathimerini.com.cy/en/news/bob-menendez-to-implicate-his-wife-in-may-corruption-trial
In a case unsealed Tuesday, court papers suggest that Sen. Bob Menendez may seek exoneration at his May bribery trial by implicating his wife, according to CNN, ...
https://knews.kathimerini.com.cy/en/news/massive-international-fraud-ring-busted-cyprus-plays-crucial-role
Cyprus, along with international law enforcement agencies, cracked down on a massive fraud ring with a staggering €645 million turnover....
https://knews.kathimerini.com.cy/en/news/russia-s-influence-tactics-exposed-in-eu-election-probe
Less than two months before European voters in 27 countries take part in EU Parliament elections, Belgium says it is investigating pro-Russian networks that are trying to influence the vote....
https://knews.kathimerini.com.cy/en/news/hatzigiannis-the-social-responsibility-of-banks-is-non-existent
Members of the Commerce Committee voiced disappointment following the responses provided by bank representatives regarding the installation of additional automatic teller machines (ATMs) to facilitate money withdrawals in communities....
https://knews.kathimerini.com.cy/en/news/authorities-stumped-on-declared-cash
The question of the whereabouts of over 90 million euros in cash allegedly spent by travelers arriving in Cyprus through Larnaca and Paphos airports in the last 15 months remains unanswered by competent state authorities....
https://knews.kathimerini.com.cy/en/news/where-did-all-the-declared-cash-go
Director General of the Ministry of Finance, George Panteli, revealed to Parliament's Institutions Committee that between 2021 and March 2024, 1077 cash declarations, totaling 119 million euros, entered Cyprus via Larnaca and Paphos airports....
https://knews.kathimerini.com.cy/en/news/trump-s-$175m-bond-halts-ny-fraud-case-collection
Former President Donald Trump has taken action in his New York civil fraud case, posting a $175 million bond on Monday.
...
https://knews.kathimerini.com.cy/en/news/kedipes-pays-state-€140m-in-largest-quarterly-sum-yet
In the largest quarterly cash repayment to the state since its inception in 2018, totaling €140 million, the Board of Directors of KEDIPES decided to proceed for the first quarter of 2024. ...
https://knews.kathimerini.com.cy/en/news/cypriot-films-buffer-zone-and-taxi-win-big-internationally
Cypriot short films ''Buffer Zone'' and ''Taxi'' have achieved international success and received awards....
https://knews.kathimerini.com.cy/en/news/occupied-territories-are-a-black-hole-for-illicit-funds
The recent update to the US-UK sanctions list, active since last April and aimed at Russia, continues to scrutinize Cypriot-based entities suspected of violating the Russian embargo. ...
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.
...
https://knews.kathimerini.com.cy/en/news/winter-2024-brings-17-boost-in-energy-production
Energean recorded new production growth in the first two months of 2024. Specifically, the company said in a statement that from 123 thousand......
https://knews.kathimerini.com.cy/en/news/man-held-for-alleged-dining-and-dashing
Police in Paphos have apprehended a 27-year-old man as part of an ongoing investigation into allegations of securing credit by false representations. The arrest stems from an incident where the suspect purportedly failed to settle a bill at a local restaurant....
https://knews.kathimerini.com.cy/en/comment/opinion/lather-rinse-repeat
Everywhere we turn in Cyprus, the specter of money laundering looms large. It was an open secret for years that our banking system was complicit, resulting in repercussions from foreign authorities....
https://knews.kathimerini.com.cy/en/comment/opinion/what-are-they-afraid-of
Transparency is not merely a good thing; it is essential. However, with the exception of one, credit buyout companies seem unwilling to disclose their financial results, keeping them shrouded in secrecy....
https://knews.kathimerini.com.cy/en/news/a-state-held-hostage
While society was glued to shocking videos from the Monastery of Saint Avvakoum, sending a message that an entire financial - and not only - fraud was staged to the detriment of the faithful, the President of the Republic visited Mount Athos. ...
https://knews.kathimerini.com.cy/en/news/the-blurred-lines-between-the-church-state-and-scandal-in-cyprus
Last week, amid the shadow of scandals in the Church, ELAM President Christos Christou ensured to provide full coverage to Metropolitan Isaias, ...
https://knews.kathimerini.com.cy/en/news/limassol-bust-unveils-alleged-money-laundering-operation
In a targeted operation, Limassol's Organized Crime Unit (OPE) swooped in on a suspected money laundering operation, resulting in multiple arrests and the seizure of significant sums of cash....
https://knews.kathimerini.com.cy/en/news/over-100m-euros-has-passed-through-cyprus-customs
The Customs Department, along with the MOKAS and the Police, addressed the issue of money laundering controls in the Republic of Cyprus during a session held today by the Parliamentary Institutions Committee....
https://knews.kathimerini.com.cy/en/news/senator-menendez-faces-new-obstruction-charges-in-growing-legal-saga
In a recent development, U.S. Senator Bob Menendez and his wife are facing obstruction of justice charges, revealed in a new 18-count indictment unsealed on Tuesday....
https://knews.kathimerini.com.cy/en/business/march-newsletter-of-k-treppides-co-ltd-financial-conduct-authority
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...
https://knews.kathimerini.com.cy/en/news/police-investigate-possible-staging-in-€420k-robbery
In the ongoing investigation involving a 31-year-old woman and 420 thousand euros, Police spokesman Christos Andreou revealed on Tuesday's "Alpha Kalimera" show that there's still much work to be done....
https://knews.kathimerini.com.cy/en/news/ft-judge-denies-trump-s-request-to-delay-$450m-payment
A New York judge has rejected Donald Trump's request to temporarily halt the state's attorney-general from collecting a $450 million judgment while he appeals a civil fraud ruling....
https://knews.kathimerini.com.cy/en/news/trial-begins-for-turkish-cypriot-lawyer-in-property-usurpation-case
The legal proceedings involving Turkish Cypriot lawyer Akan Kıursat, accused of usurping Greek Cypriot property, continued today at the Nicosia District Court....
https://knews.kathimerini.com.cy/en/business/pillar-two-readiness-and-technology
As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-invests-€450-000-in-employee-appreciation-program
Lidl Cyprus rewards the collective effort and contribution of its team, by granting additional cash benefits totalling €450,000....
https://knews.kathimerini.com.cy/en/news/cyprus-development-expenditure-2023-surpasses-€1b
The realization of state budget development expenditure in 2023 reached 72% compared to 70% in 2022 and the average of 69% over the last decade, according to a Treasury report released on Wednesday....
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-lawyer-released-on-bail-pending-trial
Akan Kürşat, a Turkish Cypriot lawyer extradited by Italian authorities on charges of usurping Greek Cypriot property in the occupied territories, has been released on conditions pending his case hearing on February 29 at 10:30 am....
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....
