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12° Nicosia,
04 October, 2022
 

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Displaying results 1-30 of 263 matches for query debt.

1. Crucial countdown as Cyprus moves to block Lone Star

https://knews.kathimerini.com.cy/en/news/crucial-countdown-as-cyprus-moves-to-block-lone-star

Private equity firm Lone Star has until Friday to submit a binding offer to buy the Bank of Cyprus, but the island’s largest financial institution could be out of reach as the House is expected one day earlier to vote on a bill that would authorize the government to block a hostile takeover on security grounds...

2. Spain gave 'golden visa' to former Mexican president being investigated for corruption

https://knews.kathimerini.com.cy/en/news/spain-gave-golden-visa-to-former-mexican-president-being-investigated-for-corruption

The Spanish authorities have finally confirmed that the former Mexican President Enrique Peña Nieto, who is being investigated by Mexico’s attorney general’s office for alleged money laundering, illicit enrichment, and illegal international transfers, is a legal resident of the country....

3. Gun report adds new twist in Azeri case

https://knews.kathimerini.com.cy/en/news/gun-report-adds-new-twist-in-azeri-case

The Azeri suspect in a contentious thwarted plot against Israelis in Cyprus has admitted some charges essentially throwing a curve ball at the prosecution, with the defense raising serious questions over murder-for-hire conspiracy and terrorism accusations...

4. FT: The Bank of Cyprus/Lone Star deal is not just about price

https://knews.kathimerini.com.cy/en/news/ft-the-bank-of-cyprus-lone-star-deal-is-not-just-about-price

Cyprus has attracted a different sort of visitor recently. US buyout group Lone Star has taken an interest in Bank of Cyprus, the island nation’s largest lender....

5. Russia: 'Either we send convicts to fight in Ukraine, or your children'

https://knews.kathimerini.com.cy/en/news/russia-either-we-send-convicts-to-fight-in-ukraine-or-your-children

The head of a notorious Russian mercenary group has defended the idea of sending prisoners to fight in Ukraine's war after the publication of a video showing him recruiting in a prison....

6. Rejected Estia applications to be re-examined upon appeal

https://knews.kathimerini.com.cy/en/news/rejected-estia-applications-to-be-re-examined-upon-appeal

The number of applications approved for participation in the Restructuring Scheme “Estia” has increased, reaching 1,049. At the same time, appeals for 881 applications that were denied will be re-examined compared to only 543 last March....

7. September Newsletter of K. Treppides & Co Ltd : European Banking Authority

https://knews.kathimerini.com.cy/en/business/september-newsletter-of-k-treppides-co-ltd-european-banking-authority

A new issue is out from the newsletter by Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

8. Banks imposing stricter lending standards

https://knews.kathimerini.com.cy/en/business/banks-imposing-stricter-lending-standards

Cyprus banks have tightened credit standards in the second quarter of 2022, while net new lending demand subsided, reflecting the geopolitical tensions and the uncertainty in the global economic environment, the Central Bank of Cyprus Bank Lending Survey for Q2 says....

9. Sleepy Greek port becomes US arms hub

https://knews.kathimerini.com.cy/en/news/sleepy-greek-port-becomes-us-arms-hub

But the sleepy port of Alexandroupoli in northeastern Greece has taken on a central role in increasing the US military presence in Eastern Europe to contain Russian aggression. That flow has angered not only Russia but also neighboring Turkey, underlining how war in Ukraine is reshaping Europe’s economic and diplomatic relationships....

10. Now is a good time to follow the simple rule of 28/36

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-now-is-a-good-time-to-follow-the-simple-rule-of-28-36

Rising prices have been a major topic of discussion over the past few weeks. In essence, however, little can be done by individuals to mitigate the effects of rising fuel and commodity prices on a global scale....

11. President signs controversial foreclosure law

https://knews.kathimerini.com.cy/en/news/cypriot-president-signs-controversial-foreclosure-law

A controversial foreclosure bill has been signed into law in the Republic of Cyprus over the objection of the country’s finance minister who accused lawmakers of populism...

12. CBC: Noticeable decrease in household and business debt

https://knews.kathimerini.com.cy/en/business/cbc-noticeable-decrease-in-household-and-business-debt

Business and household debt in Cyprus reached €56.2 billion in the first quarter of 2022, according to data from the Central Bank of Cyprus....

13. Italy's PM resigns spelling trouble for Europe

https://knews.kathimerini.com.cy/en/news/italy-s-pm-resigns-spelling-trouble-for-europe

Italian prime minister Mario Draghi has resigned, ending a national unity government formed to tackle unpopular reforms and spelling trouble for Europe at a time of acute economic challenges....

14. Cyprus upgraded to Tier 1 in US Trafficking in Persons report

https://knews.kathimerini.com.cy/en/news/cyprus-upgraded-to-tier-1-in-us-trafficking-in-persons-report

The Ministry of Justice and Public Order has welcomed the US State Department's Trafficking in Persons report for 2022 released on Tuesday noting the upgrade of Cyprus to Tier 1 status. ...

15. Foreclosures suspended until the end of October 2022

https://knews.kathimerini.com.cy/en/business/foreclosures-suspended-until-the-end-of-october-2022

The Cyprus Parliament on Thursday passed a bill suspending foreclosures until the end of October,...

16. Russia defaults on foreign debt for the first time since 1918

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. ...

17. EU leaders tackle inflation, energy shocks from Russia’s war

https://knews.kathimerini.com.cy/en/news/eu-leaders-tackle-inflation-energy-shocks-from-russia-s-war

A day after endorsing Ukraine’s candidacy to join the European Union, the bloc’s leaders turned their attention Friday to the severe economic turbulence looming over the coming months as the full impact of Russia’s war sinks in and the threat of recession rises....

18. On Erdogan, the West and Greek-Turkish relations

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-on-erdogan-the-west-and-greek-turkish-relations

Let’s start with the domestic facts and figures to dispel the widespread wishful thinking betting on the victory of the so-called “opposition front” at the next elections....

19. The end of an era as Revlon files for bankruptcy

https://knews.kathimerini.com.cy/en/business/the-end-of-an-era-as-revlon-files-for-bankruptcy

The US cosmetics group Revlon has filed for bankruptcy protection after battling supply chain problems and failing to compete with celebrity-backed and social media-savvy upstarts....

20. US Fed raises interest rates by .75%, largest hike in 30 years

https://knews.kathimerini.com.cy/en/news/us-fed-raises-interest-rates-by-75-largest-hike-in-30-years

The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....

21. The dilemmas of war and pandemic

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-dilemmas-of-war-and-pandemic

Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely. ...

22. EY announces 4 new Partners in Cyprus and welcomes new Head of Consulting

https://knews.kathimerini.com.cy/en/business/ey-announces-4-new-partners-in-cyprus-and-welcomes-new-head-of-consulting

EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....

23. The biggest scam in higher education - the master's degree

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-biggest-scam-in-higher-education-the-master-s-degree

It's graduation season. Over the past couple of weeks, some 2 million college students have earned their bachelor's degrees and headed off to the next stage of their lives....

24. Talk of doing good rings hollow among global elite in Davos

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-talk-of-doing-good-rings-hollow-among-global-elite-in-davos

If the rich don’t give a bit more today, they may have to give a lot more tomorrow. That was my conclusion from last week’s World Economic Forum in Davos....

25. Russia ready to allow ships with food to leave Ukraine in exchange of lifting sanctions

https://knews.kathimerini.com.cy/en/news/russia-ready-to-allow-ships-with-food-to-leave-ukraine-in-exchange-of-lifting-sanctions

Russia is ready to provide a humanitarian corridor for vessels carrying food to leave Ukraine, in return for the lifting of some sanctions, the Interfax news agency cited Russian Deputy Foreign Minister Andrei Rudenko as saying on Wednesday (25 May)....

26. Lebanese banks in Cyprus to shut down amid the country's financial crisis

https://knews.kathimerini.com.cy/en/business/lebanese-banks-in-cyprus-to-shut-down-amid-the-country-s-financial-crisis

Branches of Lebanese banks operating in Cyprus will shut down following a decision by the country’s Central Bank. A Central Bank of Cyprus (CBC) official has confirmed to CNA the decision taken by the country’s banking regulator....

27. EU official calls on Cyprus to implement recovery plan or lose funding

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....

28. EC projects economic slowdown and rising inflation in Cyprus

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....

29. Cyprus will request EC permission to implement mortage-to-rent scheme

https://knews.kathimerini.com.cy/en/news/cyprus-will-request-ec-permission-to-implement-mortage-to-rent-scheme

Cypriot authorities plan to submit in June an official request to the European Commission for the implementation of a mortgage-to-rent scheme, aiming to address non-performing loans collateralized by primary residences and SME business premises with an estimated contractual value of €3 billion....

30. Boris Becker faces jail term for failing to declare his millions

https://knews.kathimerini.com.cy/en/news/boris-becker-faces-jail-term-for-failing-to-declare-his-millions

Three-time Wimbledon champion Boris Becker could be sent to jail today as he faces a sentence for flouting the terms of his 2017 bankruptcy....

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