https://knews.kathimerini.com.cy/en/news/turkey-fires-back-at-akinci-allegations
Turkish diplomats in north Nicosia have denied allegations made by incumbent Turkish Cypriot leader Mustafa Akinci, who recently said he had received threats and insults while on the campaign trail...
https://knews.kathimerini.com.cy/en/news/man-accused-of-stealing-dying-patient-s-credit-card
A hospital employee was arrested on Sunday after the wife a male patient, who died recently in Limassol’s Intensive Care Unit, told police her husband’s credit card had been stolen...
https://knews.kathimerini.com.cy/en/news/apollo-ceo-investigated-over-epstein-ties
The CEO of Apollo Global Management, whose affiliates acquired billions of bad debt in Cyprus, is being investigated over alleged financial ties to Jeffrey Epstein...
https://knews.kathimerini.com.cy/en/news/four-suspects-caught-in-old-nicosia-murder
Four suspects in last month’s fatal incident in downtown Nicosia have been arrested in rural Larnaca, with police saying one suspect remains at large...
https://knews.kathimerini.com.cy/en/news/moody-s-payment-holidays-shield-cyprus-banks-in-2020-but-deterioration-likely-in-2021
Around one third of Cyprus banks’ gross loans were deferred as a result of the coronavirus pandemic, the Moody’s rating agency said Monday, noting that while the payment holiday may shield local banks in 2020, asset quality deterioration is “still very likely next year.”...
https://knews.kathimerini.com.cy/en/news/greece-to-open-seven-border-crossings-with-balkan-countries-turkey
Greece will reopen seven of its 14 border crossings in the north on Wednesday, as part of the country’s further reopening to tourists from abroad....
https://knews.kathimerini.com.cy/en/news/all-set-for-implementation-of-new-support-measures-finmin-says
Finance minister Constantinos Petrides announced the launch of the implementation of three measures, under the government support program, to address the consequences of the coronavirus pandemic....
https://knews.kathimerini.com.cy/en/news/young-man-dies-in-downtown-attack
One suspect has been arrested and two others are wanted by police after a young man was killed and two injured Sunday night following an attack in downtown Nicosia...
https://knews.kathimerini.com.cy/en/news/no-progress-among-eu-leaders-on-virus-recovery-deal
European Union leaders found that a quick deal on the bloc's future long-term budget and a multibillion-euro post-pandemic recovery plan remained beyond their reach Friday as the coronavirus ravages their economies....
https://knews.kathimerini.com.cy/en/news/communion-ritual-unchanged-in-orthodox-church-despite-virus
One by one, the children and adults line up for the centuries-old ritual of Holy Communion, trying to keep a proper social distance. The priest dips a spoon into the chalice of bread and wine, which the faithful believe is the body and blood of Christ, and puts it into the mouth of the first person in line....
https://knews.kathimerini.com.cy/en/news/cyprus-records-zero-cases
No new infections of the coronavirus were announced in Cyprus on Saturday, the first time the island recorded zero confirmed cases since the start of the outbreak in early March...
https://knews.kathimerini.com.cy/en/news/cyprus-to-apply-for-financial-assistance-from-esm-s-pandemic-crisis-support
Cyprus will tap into the European Stability Mechanism’s Pandemic Crisis Support fund to cover its elevated healthcare expenditure which came as a result of the coronavirus outbreak, Finance Minister Constantinos Petrides said Thursday.
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https://knews.kathimerini.com.cy/en/business/hellenic-bank-sells-its-most-expensive-home
Hellenic Bank has sold its most expensive home according to a special report, with foreign investors shelling out 3 million for a mansion in Lakatamia...
https://knews.kathimerini.com.cy/en/news/the-market-needs-oxygen-finmin-says
The market needs oxygen, Finance Minister Constantinos Petrides said Monday, stressing that the least citizens expect from politicians is to reach a consensus in order to support the economy in line with a prudent policy without placing it in further danger....
https://knews.kathimerini.com.cy/en/news/more-cypriots-ditch-cash-during-pandemic
Cypriot consumers are increasingly turning to debit and credit cards as opposed to traditional cash payments for their daily needs amid the coronavirus pandemic, data by JCC payments systems show
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https://knews.kathimerini.com.cy/en/news/lagarde-draws-line-on-how-far-ecb-largesse-can-go
European Central Bank President Christine Lagarde drew the line on how far the ECB could go in helping virus-stricken eurozone countries on Wednesday, saying lending to governments directly would be illegal and handing out cash to citizens difficult....
https://knews.kathimerini.com.cy/en/news/over-23-000-applications-filed-for-suspension-of-loan-payments
More than 23,000 persons have applied to the island’s two largest banks for a suspension of loan repayments, as retail borrowers and companies are trying to preserve disposable income amid the economic activity shutdown due to the coronavirus pandemic....
https://knews.kathimerini.com.cy/en/news/euro-zone-ministers-look-for-economy-quick-fixes
Euro zone finance ministers are likely to converge on Tuesday on three quick options to support the economy in the wake of the coronavirus epidemic, officials have said, with some discussion also of longer-term ideas to aid a recovery....
https://knews.kathimerini.com.cy/en/news/cyprus-gets-tougher-with-stricter-bundle-of-measures
Stricter measures to contain the spread of coronavirus were announced by the Health Minister on Monday as the island scrambles to curb the steadily rising deaths and infections....
https://knews.kathimerini.com.cy/en/news/loan-payments-to-be-suspended-for-nine-months
After over two weeks of discussions between the Ministry of Finance, the Ministry of Labor, the Central Bank, the Association of Cyprus Banks and other financial entities to minimize the impact of coronavirus on the Cyprus economy, white smoke has emerged with all parties agreeing that payoffs for all types of loans are to be suspended for nine months....
https://knews.kathimerini.com.cy/en/news/government-considering-to-give-banks-€2b-in-state-guarantees-to-unlock-credit
The Cyprus government is considering a plan to provide state guarantees to banks amounting to €2 billion, in a bid to unlock credit to self-employed, small and medium-sized enterprises and large corporations hit by the coronavirus epidemic....
https://knews.kathimerini.com.cy/en/news/protesters-march-for-checkpoint-closings
A large group of protesters flocked to downtown in old Nicosia on Wednesday, condemning a recent barricade breach at Ledra checkpoint and calling for crossings on the divided island to be shut down on a permanent basis...
https://knews.kathimerini.com.cy/en/news/eac-vows-to-credit-back-overcharges
An undisclosed number of property owners in the Republic Cyprus were overcharged on their electricity bills in recent months, with the Cyprus Electricity Authority vowing to right a wrong in future billings...
https://knews.kathimerini.com.cy/en/news/harvey-weinstein-found-guilty-at-rape-trial
Harvey Weinstein, the fallen titan of Hollywood whose sexual abuse of aspiring young female actors sparked the #MeToo movement, has finally been brought to justice after a New York jury found him guilty....
https://knews.kathimerini.com.cy/en/business/cyprus-enjoys-strong-growth-prospects-but-contingent-liabilities-remain
Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal outlook, Scope rating agency said in commentary on Cyprus....
https://knews.kathimerini.com.cy/en/business/eib-president-in-cyprus-to-discuss-bank-s-investment-in-the-country
The European Investment Bank (EIB) President, Werner Hoyer, was in Cyprus on Monday to update President Nicos Anastasiades on recent and future investment on the island, and to review improvements the education sector which has enjoyed significant ECB investment....
https://knews.kathimerini.com.cy/en/news/woman-gets-seven-years-in-white-collar-crime
A former employee at a credit union in eastern Nicosia has been sentenced to seven years in prison for financial crimes worth over half a million...
https://knews.kathimerini.com.cy/en/news/shift-in-global-funding-led-by-private-capital
Private equity firms now manage commitments of nearly US$3.4t globally, up from less than US$500b in 2000, and in a significant shift new capital from private markets has surpassed for capital raised in public markets for the first time ever...
https://knews.kathimerini.com.cy/en/news/dp-world-limassol-agrees-to-revise-policy
Transport Minister Yiannis Karousos has been promised a change of policy at DP World Limassol, with the company saying it would service more than two cruise ships in a given day following complaints...
https://knews.kathimerini.com.cy/en/news/cyprus-pays-off-costly-crisis-loan-early
The Cypriot finance minister says the government is repaying an IMF rescue loan faster and at a lower rate after a double bond issuance expected to secure most of the country’s borrowing needs for 2020...
