https://knews.kathimerini.com.cy/en/business/s-p-downgrades-rcb-places-bank-on-creditwatch-with-negative-implications
Rating Agency Standard and Poor’s downgraded RCB bank’s long-term lender rating to `B+` from `BB-` and placed its ratings on CreditWatch with negative implications,...
https://knews.kathimerini.com.cy/en/news/russia-will-default-on-its-debts-imminently-fitch-ratings-agency-has-warned
Russia will default on its debts 'imminently', a leading credit rating agency has warned, as sanctions over Ukraine continue to pummel the country's economy....
https://knews.kathimerini.com.cy/en/news/cyprus-categorized-as-a-flawed-democracy-according-to-a-report-in-the-economist
Cyprus not only remains in the category of a "flawed democracy", in The Economist's Democracy Index but ranked worse in 2021 compared to 2020.
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https://knews.kathimerini.com.cy/en/business/moneyval-cyprus-makes-some-progress-in-the-fight-against-money-laundering
Cyprus has made some progress in the fight against money laundering and terrorist financing by partially complying with recommendations set out by the Financial Action Task Force (FATF), according to a report by the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism - MONEYVAL....
https://knews.kathimerini.com.cy/en/news/italy-spain-portugal-s-korea-in-red-category-indonesia-in-green
Health Authorities in Cyprus have issued an updated COVID-19 country categorization list according to which Italy, Spain, Portugal and South Korea are downgraded from orange to red category, ...
https://knews.kathimerini.com.cy/en/news/1-cyprus-updates-risk-based-travel-list
The Health Ministry on Wednesday published the list of re-categorized countries with which the Republic of Cyprus maintains air connectivity, with the new three-tier risk-based categorization coming into effect on February 19....
https://knews.kathimerini.com.cy/en/news/cyprus-to-reduce-debt-once-pandemic-normalises-finmin-says
Cyprus Minister of Finance Constantinos Petrides told the Cyprus News Agency that the government will begin reducing public debt, increased due to strategic cash reserves, once the pandemic begins to normalise....
https://knews.kathimerini.com.cy/en/news/cyprus-updates-travel-list
The Republic of Cyprus downgraded eight countries in its three-tier risk-based classification system and upgraded one, with the updated list coming into effect on November 9....
https://knews.kathimerini.com.cy/en/news/cyprus-downgrades-four-countries-in-updated-travel-list
The Republic of Cyprus on Tuesday downgraded four countries in its three-tier risk-based classification of countries, with the updated travel list to come into effect on October 9....
https://knews.kathimerini.com.cy/en/news/six-countries-downgraded-one-upgraded-in-cyprus-travel-list
The Republic of Cyprus’ health ministry announced on Monday that six countries will be bumped down a category in its three-tier coronavirus risk-based classification system governing travel, with the updated list to come into effect on September 24....
https://knews.kathimerini.com.cy/en/news/law-professor-takes-on-manslaughter-case
The Russian suspect accused of being behind the death of a Ukrainian man in Paphos has appointed a law professor for his defence, a Cypriot attorney with research interests in criminal procedures...
https://knews.kathimerini.com.cy/en/news/cyprus-updates-risk-based-travel-list
The Republic of Cyprus on Tuesday downgraded Estonia and Georgia from category A to B, the Czech Republic and Hungary from B to C, while upgrading Rwanda from C to B, and Australia from B to A, in its three-tier coronavirus risk-based classification system governing travel rules....
https://knews.kathimerini.com.cy/en/news/charges-downgraded-to-manslaughter-in-paphos-death
The suspect in the death of a Ukrainian man in Paphos has refused to enter a plea to a lesser charge without a lawyer, with the court ordering that he remain in custody until his arraignment hearing...
https://knews.kathimerini.com.cy/en/news/cyprus-revises-classification-of-countries-for-travel
The Cyprus health ministry on Tuesday downgraded Hungary, Slovakia, Slovenia and Lichtenstein to category B in its three-tier risk-based travel classification system, while Rwanda and Monaco were bumped down to category C....
https://knews.kathimerini.com.cy/en/news/cyprus-re-classifies-countries-with-several-downgraded
Cyprus on Monday downgraded several countries in its three-tier risk-based classification system after increasing numbers of airport arrivals have recently been found coronavirus-positive....
https://knews.kathimerini.com.cy/en/news/30-new-coronavirus-cases-detected-at-cyprus-airports
The health ministry announced Monday that it received information late on Sunday from laboratories processing samples at Cyprus airports, which said that 30 new coronavirus cases emerged from a total of 346 lab tests conducted to check samples collected from arriving passengers....
https://knews.kathimerini.com.cy/en/news/covid-19-safety-measures-must-become-way-of-life-expert-says
The additional coronavirus protection measures that the Cyprus government re-instated some ten days ago will constitute the island’s new normal for at least the next six months, member of the government’s coronavirus advisory committee Leondios Kostrikis said Monday....
https://knews.kathimerini.com.cy/en/news/cyprus-updates-risk-based-classification-of-countries
Cyprus on Tuesday issued an updated epidemiological risk-based classification of countries, including three amendments as regards Greece, Thailand and Morocco. The new classification will come into effect on August 6....
https://knews.kathimerini.com.cy/en/news/greek-tourism-minister-does-not-understand-travel-downgrade-by-cyprus
The Greek Tourism Minister Haris Theoharis said he does not understand why Cyprus decided to downgrade Greece in its three-tier risk system grouping countries based on their epidemiological data, adding that he hopes the issue will be clarified between the two countries soon....
https://knews.kathimerini.com.cy/en/news/cypriots-already-in-greece-to-get-free-test-upon-arrival
With Greece being downgraded on August 6 to category B that requires arriving passengers to show proof of a negative coronavirus test, the Cyprus Health Ministry quickly responded to frustrated locals who had already travelled to Greece for holidays unknowing that they would have to make arrangements for a test in order to return to the island....
https://knews.kathimerini.com.cy/en/news/cyprus-downgrades-greece-amid-virus-fears
Cyprus will introduce mandatory testing for all arrivals from Greece starting August 6, after many cases were detected during random tests from passengers returning from Greece in the last few days....
https://knews.kathimerini.com.cy/en/news/cyprus-welcomes-brits-back-amid-spike
Five flights from British airports were scheduled to land in the Republic of Cyprus on Saturday, after the island listed the United Kingdom in Category B, which means arriving passengers are not required to be under self-isolation...
https://knews.kathimerini.com.cy/en/news/cyprus-weighs-risks-of-luring-back-tourists
The introduction of Britain and Russia into one of the categories that would allow tourists to visit Cyprus is not on the agenda according to Kathimerini sources, with hoteliers waging a battle to assume part of the risk and scientists appearing unconvinced ahead of an upcoming meeting at the Presidential Palace...
https://knews.kathimerini.com.cy/en/news/cyprus-urged-to-provide-trafficking-victims-free-legal-aid
The human trafficking arm of Europe's top human rights body is expressing concern over Cyprus' failure to grant free legal aid and expertise to trafficking victims during criminal proceedings....
https://knews.kathimerini.com.cy/en/news/moody-s-changes-cyprus-outlook-to-positive
Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...
https://knews.kathimerini.com.cy/en/business/scope-rates-cyprus-with-bbb
Scope Ratings affirmed last week the Republic of Cyprus’ BBB- long-term issuer and senior unsecured local- and foreign-currency ratings, along with a short-term issuer rating of S-2 in both local and foreign currency, noting that all outlooks are stable...
https://knews.kathimerini.com.cy/en/news/cyprus-parliament-suspends-foreclosures
The House of Representatives voted in its last plenary before summer recess an amendment to the foreclosure law that foresees a freeze in foreclosures and suspension for loans eligible for the ESTIA loan relief plan...
https://knews.kathimerini.com.cy/en/news/hot-weather-alert-downgraded-to-yellow
A second weather alert on Wednesday downgraded the orange status to yellow, with officials saying warning over afternoon extreme high temperatures were still expected to reach 42 degrees inland...
https://knews.kathimerini.com.cy/en/news/warnings-over-new-foreclosure-legislation
A total of five bills concerning a new foreclosure legislation are expected to be discussed on Thursday at a meeting of the House of Representatives Finance Committee...
https://knews.kathimerini.com.cy/en/news/orange-alert-due-to-scorching-heat
An orange weather alert will go into effect Wednesday afternoon due to extreme high temperatures, expected to reach 42 degrees inland...
