https://knews.kathimerini.com.cy/en/business/us-based-lone-star-to-revise-offer-for-bank-of-cyprus
US-based equity fund Lone Star said it is considering options with regard 'to the possibility of making a revised offer proposal to the Board of the Bank of Cyprus.'...
https://knews.kathimerini.com.cy/en/news/rumors-about-israel-lebanon-gas-pact-as-cyprus-sits-out
America’s energy czar is purported to be mediating a secret gas arrangement between Israel and Lebanon, a Herculean task given delineation complexities but not farfetched given ongoing efforts to resolve similar disputes between Tel Aviv and Nicosia...
https://knews.kathimerini.com.cy/en/news/norway-plans-to-deport-refugee-lawbreakers
The Norwegian government has announced that the country plans to deport foreigners who have broken the law and who hold refugee status but no longer need protections in the country....
https://knews.kathimerini.com.cy/en/news/cyprus-scrambles-to-block-hostile-takeover-of-bank
The government in the Republic of Cyprus is racing against the clock to arm itself with legal tools to prevent a takeover of the country’s biggest bank by an American private equity firm, which has until next month to submit a final offer that some shareholders may find hard to resist...
https://knews.kathimerini.com.cy/en/news/tax-filing-deadline-extended-by-one-month
The Council of Ministers today announced the extension of the deadline to file personal income taxes from July 31st to August 31st, 2022. according to the announcement by Finance Minister Konstantinos Petridis....
https://knews.kathimerini.com.cy/en/news/slashed-tires-slow-down-finance-minister
The tires of a vehicle belonging to the Cypriot finance minister were slashed over weekend, with police saying they were investigating the incident...
https://knews.kathimerini.com.cy/en/news/100-000-daily-departing-passengers-limit-at-heathrow-until-september-11
Heathrow Airport said it has introduced a cap of 100,000 daily departing passengers until September 11, as the aviation sector struggles to cope with demand for travel....
https://knews.kathimerini.com.cy/en/news/deadline-to-set-cyprus-minimum-wage-moved-up-to-the-21st-or-22nd-of-july
On July 21, or at the latest on July 22, 2022, an agreement will be reached to determine the minimum wage in Cyprus....
https://knews.kathimerini.com.cy/en/news/ba-cancels-hundreds-more-flights-this-summer
Most of the axed journeys, around 650, are in July while Heathrow and Gatwick airports will see around two-thirds of the cancellations....
https://knews.kathimerini.com.cy/en/news/russia-defaults-on-foreign-debt-for-the-first-time-since-1918
Russia has defaulted on its foreign debt for the first time in more than a century as the country can't pay creditors due to sanctions over the war in Ukraine, according to media reports.
...
https://knews.kathimerini.com.cy/en/news/veil-of-mystery-over-pachyammos-excavations
Greek Cypriot officials were heading back to a bombing site in Pachyammos on Monday to investigate two missing person cases from the 1964 events but reportedly unrelated to Turkish bombardment, as relatives of disappeared persons keep pushing the state for answers...
https://knews.kathimerini.com.cy/en/news/drug-squad-chief-suspended-after-warden-complaint
Lack of clarity continued to rule the day in the Republic of Cyprus following allegations against the drug squad chief, who was suspended from duties on Wednesday after the prison warden accused him of illegal activities...
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-why-are-we-all-working-so-hard
The idea that technology can liberate us from the drudgery of work is a powerful one. It has also been a powerful disappointment, at least so far....
https://knews.kathimerini.com.cy/en/news/eu-official-calls-on-cyprus-to-implement-recovery-plan-or-lose-funding
A European Commission official on Monday urged the Cypriot authorities to proceed with the implementation of Cyprus’ National Recover and Resilience plan, warning that Cyprus risks losing EU funds in case of new delays....
https://knews.kathimerini.com.cy/en/news/cyprus-freezes-creation-of-juvenile-correctional-facility
The parliament in the Republic of Cyprus has failed to approve funds allocated for a juvenile detention center, causing the country to remain the only EU member state without a proper correctional facility for young offenders...
https://knews.kathimerini.com.cy/en/news/cacophony-emerges-as-cyprus-stalls-foreclosure-bills
The finance ministry in the Republic of Cyprus is scrambling for new ways to overcome an awkward impasse on two crucial foreclosure bills, after opposition parties blamed the administration for not doing enough to have the European Commission go along with amendments to protect bad loan guarantors...
https://knews.kathimerini.com.cy/en/news/petrides-things-will-be-difficult-in-the-coming-years
The government will continue supporting households, especially the vulnerable, amid rising inflation, Finance Minister Constantinos Petrides said, warning that tackling inflation is difficult due to its structural nature amid the Ukrainian crisis....
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-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/cyprus-doubles-down-on-immigration-policy
The government in the Republic of Cyprus has renewed its response to migration flows to the island, tasking authorities and lawmakers with tightening measures in a number of areas...
https://knews.kathimerini.com.cy/en/news/russia-renews-surrender-deadline-at-azovstal
Russian troops gave Ukrainian fighters holding out in the basements of Azovstal a fresh ultimatum to surrender on Wednesday, as conflicting reports made it unclear whether unarmed civilians could also be inside in Mariupol’s steel plant...
https://knews.kathimerini.com.cy/en/news/default-looms-as-russia-hits-deadline-for-dollar-bond-payments
Russia will default on its debt for the first time since 1998 if it tries to make interest payments on its dollar bonds in roubles on Wednesday, rating agency Fitch has said....
https://knews.kathimerini.com.cy/en/news/new-vaccine-findings-pose-tough-questions-for-parents-of-young-children
For American parents, particularly those with young children, the last couple of months have been dizzying and beyond frustrating....
https://knews.kathimerini.com.cy/en/news/nato-to-consider-new-troops-on-southeastern-flank-amid-russian-threat
NATO defense ministers are expected this week to set in motion a plan that could establish four multinational battlegroups in southeastern Europe in response to Russia’s military build-up in Ukraine, three diplomats said....
https://knews.kathimerini.com.cy/en/news/israel-sets-deadline-in-gas-dispute-with-cyprus
Israeli Energy Minister Karine Elharrar has told companies in her country they have until next month to settle a gas dispute with Cyprus, otherwise the states will step in to put an end to the prolonged discussion between the two neighbors...
https://knews.kathimerini.com.cy/en/news/austria-passes-covid-vaccine-mandate
Austria has become the first country in the EU to make vaccinations against Covid-19 mandatory for all adults, but questions remain over whether it can sway those skeptical of taking the jab and how much the Alpine state’s government is willing to press those who won’t comply....
https://knews.kathimerini.com.cy/en/news/government-portal-to-ease-frustration-delayed
A new digital government platform in Cyprus aimed at pulling sources from different agencies to deliver fast customer service is behind schedule, with officials pointing finger at internal procedures but remaining hopeful that the service will soon be up and running...
https://knews.kathimerini.com.cy/en/business/passenger-ferries-to-greece-expected-to-begin-in-april-or-may-2022
The passenger maritime link between Cyprus and Greece is expected to take shape in the coming months as a number of operators have submitted a tender through the e-Procurement System of the Treasury of the Republic of Cyprus, the Shipping Deputy Ministry announced....
https://knews.kathimerini.com.cy/en/business/teddy-sagi-s-playtech-embroiled-in-takeover-battle
Israeli billionaire Teddy Sagi, the founder of Playtech, declined to comment on the withdrawal of Eddie Jordan's potential bid for the online gambling company he founded back in 1999....
https://knews.kathimerini.com.cy/en/news/cyprus-passes-national-whistleblower-law
Cypriot lawmakers passed a consolidated bill on whistleblowing protections on Thursday after years of delays and EU pressure, with the new law aimed to shield employees from retaliation after speaking up against corruption...
