https://knews.kathimerini.com.cy/en/news/government-prepares-compensation-relief-for-clipped-depositors
In a recent press briefing at the Presidential Palace, Government Spokesman Konstantinos Letymbiotis provided crucial updates on the impending compensation for clipped depositors....
https://knews.kathimerini.com.cy/en/news/financial-tsunami-looms-as-limassol-court-decision-sends-shockwaves-through-cyprus
In a potentially precedent-setting decision, the Limassol District Court has upheld its initial ruling in favor of a Russian depositor of the People's Bank, potentially exposing the state to financial implications of up to 2-3 billion euros....
https://knews.kathimerini.com.cy/en/news/russian-depositor-triumphs-over-laiki-bank-s-2013-haircut
The Legal Service, on behalf of the Republic of Cyprus and the Central Bank of Cyprus (CBC), will appeal the decision of the Limassol District Court, which awarded compensation to a depositor of the former Laiki Bank for the 2013 deposit haircut, according to CNA....
https://knews.kathimerini.com.cy/en/news/hellenic-employees-want-share-of-bank-s-excess-profits
The Cyprus Bank Employees' Union (CBCU) has called for a three-hour work stoppage at all Hellenic Banks on Monday, November 6, 2023, from 3:00 p.m. to 6:00 p.m....
https://knews.kathimerini.com.cy/en/news/austria-allocates-€33m-for-wrongly-convicted-gay-men
A historic proposal by the Austrian Ministry of Justice sees €33m set aside to compensate those who were wrongly convicted - but critics say the amount on offer is not enough....
https://knews.kathimerini.com.cy/en/news/eviction-orders-issued-for-pissouri-residences-amid-ground-subsidence-concerns
In Pissouri, eviction orders have been issued for 25 residences in the Limnes area due to ground subsidence. The President of the Pissouri Community Council, Lazaros Lazarou, reported this to Parliament. ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-overtime-pay-debacle-and-lessons-in-effective-governance
The issue surrounding the payment of overtime compensation to the Deputy Government Spokesperson, Doxa Komodromou, has become the focal point of political discussion in recent weeks. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-politicians-perks-and-pensions-excessive-or-fair
The political landscape in Cyprus is abuzz once again, as opposition parties seize yet another opportunity to level criticism at President Christodoulides. ...
https://knews.kathimerini.com.cy/en/news/school-escorts-back-on-track-to-aid-hundreds-of-disabled-students
The perennial issue of meeting the needs of students requiring school assistants has resurfaced as the new school year begins. ...
https://knews.kathimerini.com.cy/en/news/first-lady-s-assistant-denied-extra-pay
A majority of the members of the Parliamentary Finance Committee approved the release of funds requested by the Presidency for salary payments, but the Committee unanimously rejected a separate request concerning overtime compensation for an employee temporarily assigned to the Presidency....
https://knews.kathimerini.com.cy/en/business/consumers-revolt-as-rising-prices-trigger-surge-in-complaints
In recent months, the Pancyprian Consumers Association has been inundated with consumer complaints, particularly following the reinstatement of excise duty on fuel and the termination of electricity subsidies. ...
https://knews.kathimerini.com.cy/en/news/how-university-of-cyprus-handles-overtime-pay
The University of Cyprus, led by its rector, Tassos Christofides, acknowledged that overtime was paid to Doxa Komodromou....
https://knews.kathimerini.com.cy/en/business/wizz-air-faces-reduced-christmas-flight-schedule-due-to-engine-faults
Wizz Air has been forced to ground some of its planes and warned it would run fewer flights over Christmas after faults were uncovered in engines used by Airbus....
https://knews.kathimerini.com.cy/en/news/italian-court-awards-€130-000-to-great-grandson-of-world-war-ii-victim
Relatives of six Italian men hanged by German troops during World War Two are set to receive hundreds of thousands of euros in compensation for their families' trauma....
https://knews.kathimerini.com.cy/en/news/akamas-landowners-displeased-with-compensation-delay
The community councils have started expressing their unhappiness after yesterday's announcement of compensation measures for the Akamas communities by the Minister of Interior and Agriculture, Rural Development, and the Environment....
https://knews.kathimerini.com.cy/en/news/compensation-plans-unveiled-for-akamas-communities
Starting tomorrow, September 1, 2023, the stipulations outlined in the Akamas Local Plan will be enacted. Yesterday, Mr. Konstantinos Ioannou, the Minister of Interior, and Mr. Petros Xenophontos, the Minister of Agriculture, Rural Development and Environment,...
https://knews.kathimerini.com.cy/en/news/uk-air-traffic-system-issue-causes-ongoing-turbulence
Disruption to air travel continued into Tuesday after the UK's air traffic control systems suffered a "technical fault" on Monday morning....
https://knews.kathimerini.com.cy/en/news/court-dismisses-depositors-claims-in-controversial-laiki-bank-case
On August 10, 2023, the Nicosia District Court rendered a judgment dismissing a claim pertaining to the impairment of plaintiffs' deposits in the former Laiki Bank back in 2013. The plaintiffs had brought the case to challenge the constitutionality of the resolution measures implemented by the State in accordance with the "Resolution of Credit and Other Institutions Law of 2013."...
https://knews.kathimerini.com.cy/en/news/greek-wildfires-lead-to-flight-cancellations
Raging wildfires on the Greek island of Rhodes have sparked the evacuation of around 2,000 tourists from its resorts....
https://knews.kathimerini.com.cy/en/business/24-year-old-awarded-$18-8m-in-lawsuit-over-talc-based-baby-powder
A 24-year-old man in California was awarded $18.8 million on Tuesday in his lawsuit against Johnson & Johnson, in which he blamed talc in the company's baby powder for giving him cancer....
https://knews.kathimerini.com.cy/en/news/cyprus-surpasses-40-000-solar-installations
The Electricity Authority of Cyprus has taken actions to reduce the waiting time for the inspection of photovoltaic systems after installation....
https://knews.kathimerini.com.cy/en/news/applications-open-for-rent-in-exchange-program
"The submission of applications for the 'Rent in Exchange for Installment' program will begin in October," said Ioanna Markidou, Chief Economist A' at the Ministry of Finance, in a statement to CNA....
https://knews.kathimerini.com.cy/en/news/protest-erupts-over-thanasis-murder-case
Protesters gathered on Wednesday afternoon, July 12 outside the Legal Services in Nicosia to express their dissatisfaction with the Attorney General's decision not to pursue criminal charges in the murder case of national guard soldier Thanasis Nikolaou....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-gov-t-to-pay-€345-000-to-turkish-cypriot-for-illegal-use-of-property
The big news: "Compensation of €345,000 will be paid to a T/C of American origin by the Republic of Cyprus, while also returning his property in Limassol, which was being used illegally....
https://knews.kathimerini.com.cy/en/comment/opinion/coordinating-efforts-for-earthquake-protection
An earthquake is an event that we cannot prevent or predict when it will occur. What we can do as a state is fortify our structures so that they can withstand such an event. ...
https://knews.kathimerini.com.cy/en/news/calls-for-redress-in-irish-mother-and-baby-home-scandal
Ten years after a dark discovery was made in the west of Ireland, Euronews takes a look at the grim legacy of the maternity homes that were still in operation until the end of the 20th century.
...
https://knews.kathimerini.com.cy/en/news/turkish-or-turkish-cypriot-court-decision-controversy
The Republic of Cyprus will pay a compensation of €345,000 to a Turkish Cypriot of American origin, while also returning his property in Limassol, which was being irregularly exploited....
https://knews.kathimerini.com.cy/en/news/international-inspectors-hired-for-golden-passports-probe
According to a report on Philenews, the Independent Authority Against Corruption has recruited two "inspection officers" who will be compensated with approximately €1,150 per day for their crucial role in the ongoing investigation surrounding the controversial 'golden passports' issue....
https://knews.kathimerini.com.cy/en/news/us-hails-cyprus-for-its-efforts-in-combating-human-trafficking
The Government of the Republic of Cyprus has been recognized for its serious and sustained efforts in combating human trafficking, according to the annual report released by the U.S. State Department. ...
https://knews.kathimerini.com.cy/en/news/€1-million-to-boost-turkish-cypriot-cheese-exports
The European Commission's EU-funded assistance program aimed at eradicating zoonotic diseases (those that jump from animal to human) in dairy animals in areas not under the effective control of the Government of the Republic of Cyprus was officially launched today....
