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12° Nicosia,
01 July, 2025
 

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Displaying results 1-30 of 550 matches for query debt.

1. Woman battles to save her home despite bureaucratic silence

https://knews.kathimerini.com.cy/en/business/woman-battles-to-save-her-home-despite-bureaucratic-silence

Despite never missing a payment, Elena Yasemidou is on the brink of losing her home. She's a victim, she says, of bureaucratic neglect and heartless inflexibility....

2. Cyprus reinstates Abramovich firm to go after directors for €25M tax debt

https://knews.kathimerini.com.cy/en/business/cyprus-reinstates-abramovich-firm-to-go-after-directors-for-€25m-tax-debt

Cyprus is breathing life back into a defunct company once linked to Russian billionaire Roman Abramovich, not to do business, but to collect what it’s owed....

3. Bank of Cyprus sells €75M worth of Paphos property to Exness

https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-sells-€75m-worth-of-paphos-property-to-exness

The Bank of Cyprus has closed a major property deal with fintech firm Exness, selling land worth €75 million in Paphos, sources confirmed to Kathimerini Cyprus....

4. Student grant system under fire over payouts to the wrong people

https://knews.kathimerini.com.cy/en/news/student-grant-system-under-fire-over-payouts-to-the-wrong-people

The Office of the Auditor General has raised concerns over how student scholarships are awarded and paid out in Cyprus, following a 2023 audit that found gaps and procedural problems in the system....

5. ECB poised for fall rate decision as growth, tariffs, and inflation weigh in

https://knews.kathimerini.com.cy/en/business/ecb-poised-for-fall-rate-decision-as-growth-tariffs-and-inflation-weigh-in

The European Central Bank will reassess its interest rate policy this fall, weighing whether additional cuts are necessary after a recent series of reductions brought its main rate to 2%, with inflation easing to 1.9%....

6. 11 arrested in Limassol raid targeting illegal workers

https://knews.kathimerini.com.cy/en/news/11-arrested-in-limassol-raid-targeting-illegal-workers

Eleven people were arrested Sunday during a coordinated police operation in central Limassol aimed at cracking down on illegal employment and other violations, authorities said....

7. Long-term government bonds face growing investor pushback

https://knews.kathimerini.com.cy/en/business/long-term-government-bonds-face-growing-investor-pushback

Governments around the world are encountering unexpected resistance in the bond markets as long-term debt issuances increasingly struggle to attract investors, marking a break from years of routine fundraising....

8. Thousands see cheaper monthly payments as BOC lowers loan rates

https://knews.kathimerini.com.cy/en/business/thousands-see-cheaper-monthly-payments-as-boc-lowers-loan-rates

Cyprus homeowners and businesses, take note: your loan payments might be about to shrink....

9. IMF and EU to Cyprus: Cool it on the pay rises, you're not made of money

https://knews.kathimerini.com.cy/en/news/imf-and-eu-to-cyprus-cool-it-on-the-pay-rises-you-re-not-made-of-money

Cyprus may be riding high on economic growth, but the message from international watchdogs this week is blunt: slow down the spending, especially on public salaries, or risk unraveling the progress....

10. Cyprus exits EU’s macroeconomic imbalance list as Brussels urges reforms in innovation, energy, and education

https://knews.kathimerini.com.cy/en/business/cyprus-exits-eu-s-macroeconomic-imbalance-list-as-brussels-urges-reforms-in-innovation-energy-and-education

Cyprus is no longer considered a country with macroeconomic imbalances, the European Commission announced Wednesday in its 2025 Spring Package, marking a significant milestone in the nation’s post-crisis economic recovery....

11. Trapped property owners finally see the light at the end of the tunnel

https://knews.kathimerini.com.cy/en/news/trapped-property-owners-finally-see-the-light-at-the-end-of-the-tunnel

A long-overdue lifeline may finally be on the way for thousands of Cypriots trapped in property nightmares, as a new bill aimed at resolving the issue moves closer to a vote in Parliament....

12. What don’t you understand?

https://knews.kathimerini.com.cy/en/comment/opinion/what-don-t-you-understand

The joint statement by APOEL, Anorthosis, Apollon, and Ethnikos regarding their debts to the state starts off, right from the first paragraph, accusing unnamed parties of populism, without ever clarifying what they mean....

13. Deloitte Cyprus welcomes two new partners

https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-welcomes-two-new-partners

Deloitte Cyprus is pleased to announce the growth of its leadership team with the appointment of two new partners, effective 1 June 2025....

14. Shock bills, football fixes & a U-turn on Makarios Ave: Cyprus' week of curveballs

https://knews.kathimerini.com.cy/en/news/shock-bills-football-fixes-a-u-turn-on-makarios-ave-cyprus-week-of-curveballs

From electricity bills getting a surprise bump to football clubs sliding past tax rules (again) and a Nicosia street project taking a literal U-turn, this week was full of plot twists. ...

15. Tensions erupt over Abramovich case allegations at Parliamentary Committee

https://knews.kathimerini.com.cy/en/news/tensions-erupt-over-abramovich-case-allegations-at-parliamentary-committee

Allegations of high-level political interference surrounding a multimillion-euro VAT debt linked to Russian billionaire Roman Abramovich escalated Thursday in Cyprus’ Parliament, with tensions erupting between lawmakers and investigative journalist Makarios Drousiotis....

16. More struggling homeowners get relief under government’s OIKIA scheme

https://knews.kathimerini.com.cy/en/news/more-struggling-homeowners-get-relief-under-government-s-oikia-scheme

The General Accounting Office has wrapped up the second phase of the government’s OIKIA Scheme, approving financial relief for dozens more struggling homeowners. ...

17. Abramovich’s €25 million VAT written off after ex-President's call

https://knews.kathimerini.com.cy/en/news/abramovich-s-€25-million-vat-written-off-after-ex-president-s-call

A growing scandal over Cyprus’ handling of VAT debts tied to Russian billionaire Roman Abramovich has taken a sharp new turn, this time with a bombshell allegation involving former President Nicos Anastasiades....

18. Aegean Airlines: First Quarter 2025 Trading Update

https://knews.kathimerini.com.cy/en/business/aegean-airlines-first-quarter-2025-trading-update

AEGEAN announces its key financial and operating results for the first quarter of 2025....

19. Cypriots rush to borrow as rates drop, but are banks repeating old mistakes?

https://knews.kathimerini.com.cy/en/comment/opinion/cypriots-rush-to-borrow-as-rates-drop-but-are-banks-repeating-old-mistakes

As interest rates continue their downward trend, and with further cuts expected, borrowers are feeling more confident. This isn’t hearsay from bank insiders or coffee shop chatter; ...

20. Christodoulides pushes bold reform for better schools and a smarter Cyprus

https://knews.kathimerini.com.cy/en/news/christodoulides-pushes-bold-reform-for-better-schools-and-a-smarter-cyprus

Big promises are starting to take shape, and this time, it’s the kids who stand to benefit most....

21. €14 million in unpaid VAT? Gone.

https://knews.kathimerini.com.cy/en/business/€14-million-in-unpaid-vat-gone

Tensions ran high at the House Audit Committee on Thursday after MPs discovered that ''Blue Ocean,'' a Cyprus-based company linked to Abramovich, was dissolved in 2024 without settling a €14 million VAT bill, a debt that’s been on the books since at least 2010....

22. Cyprus courts facing backlog of non-performing loan cases

https://knews.kathimerini.com.cy/en/news/cyprus-courts-facing-backlog-of-non-performing-loan-cases

There are currently 3,000 unresolved cases involving unpaid loans piling up in Cyprus' courts. These cases are being handled by judges based on the workload of each district court....

23. Moody’s upgrades Bank of Cyprus to A3

https://knews.kathimerini.com.cy/en/business/moody-s-upgrades-bank-of-cyprus-to-a3

Moody’s Investors Service has upgraded Bank of Cyprus’ long-term deposit rating to A3 from Baa1 and revised its outlook to stable....

24. Jumbo eyes Larnaca and Protaras for future expansion, but no timeline yet

https://knews.kathimerini.com.cy/en/news/jumbo-eyes-larnaca-and-protaras-for-future-expansion-but-no-timeline-yet

Retail giant Jumbo has confirmed its interest in opening two new stores in Cyprus, one in Larnaca and another in Protaras, but clarified that there’s no set plan or timeframe at this stage. ...

25. Cyprus posts second-highest budget surplus in the EU for 2024

https://knews.kathimerini.com.cy/en/news/cyprus-posts-second-highest-budget-surplus-in-the-eu-for-2024

Cyprus has posted the second-largest government surplus in the European Union for 2024, tying with Ireland and just behind Denmark, according to new data released by Eurostat on Tuesday....

26. VAT challenges for Electronic Money Institutions

https://knews.kathimerini.com.cy/en/news/vat-challenges-for-electronic-money-institutions

In the digital age, Electronic Money Institutions (EMIs) have become an integral part of the financial ecosystem, offering a range of services that facilitate digital transactions....

27. April Newsletter of K. Treppides & Co Ltd – 09/04/2025

https://knews.kathimerini.com.cy/en/business/april-newsletter-of-k-treppides-co-ltd-–-09-04-2025

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....

28. President unveils ''Brain Gain'' campaign and Silicon Valley ties at economic conference

https://knews.kathimerini.com.cy/en/business/president-unveils-brain-gain-campaign-and-silicon-valley-ties-at-economic-conference

Cyprus is aiming high with a bold economic strategy that puts young people, innovation, and foreign investment at the center of the island’s future....

29. Cyprus means business: Christodoulides wraps up high-stakes U.S. investment tour

https://knews.kathimerini.com.cy/en/news/cyprus-means-business-christodoulides-wraps-up-high-stakes-u-s-investment-tour

Cyprus Means Business: Christodoulides Wraps Up High-Stakes U.S. Investment Tour Subtitle: ...

30. Cyprus woos Wall Street as bankers back presidential pitch in the U.S.

https://knews.kathimerini.com.cy/en/news/cyprus-woos-wall-street-bankers-back-presidential-pitch-in-the-u-s

Cypriot bankers have expressed their satisfaction with President Christodoulides' recent visit to the United States, where he promoted Cyprus as an attractive destination for investment. ...

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