https://knews.kathimerini.com.cy/en/news/court-postpones-hearing-on-disputed-monastic-funds
The Nicosia Provincial Court on Friday postponed the examination process of the application to cancel the warrants of confiscation of the property of the monks of the Holy Monastery of St. Avvakoum, including the sum of 807,000 euros....
https://knews.kathimerini.com.cy/en/news/vasilikos-fragile-peace-amidst-delays-and-disputes
According to a report by Kathimerini's Apostolos Tomaras, Energy Minister George Papanastasiou's recent meeting with a top executive of China Petroleum Pipeline Engineering Co. Ltd., the parent company overseeing the Vasilikos energy projects,...
https://knews.kathimerini.com.cy/en/news/crisis-looms-over-vital-energy-project-in-cyprus
In a dramatic turn of events, the consortium behind Cyprus's largest energy project, the Vasilikos F.A. terminal, is sending ominous signals of a possible rupture with the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/government-grapples-with-energy-project-crisis
The firm spearheading one of the Republic of Cyprus' most ambitious energy ventures, Terminal F.P. at Royal, finds itself grappling with challenges that threaten its completion....
https://knews.kathimerini.com.cy/en/news/eu-leaders-reach-agreement-on-50-billion-euro-fund-for-ukraine-amidst-orban-standoff
European Union leaders, after weeks of tense negotiations, have secured a breakthrough agreement, compelling Prime Minister Viktor Orban of Hungary to endorse a 50-billion-euro fund for Ukraine....
https://knews.kathimerini.com.cy/en/news/eu-summit-reaches-compromise-on-euro-turkish-issues-amidst-cyprus-concerns
The European Union Summit recently brokered an informal compromise on Euro-Turkish matters, redirecting decisions on the Borell/Commission document and proposed ''gifts'' to Ankara to seven pillars...
https://knews.kathimerini.com.cy/en/news/parliament-approves-measures-for-npls-and-foreclosures-framework
Cyprus' Finance Ministry has expressed satisfaction with the parliament's approval of laws integral to the comprehensive package for managing Non-Performing Loans (NPLs) and the foreclosure framework....
https://knews.kathimerini.com.cy/en/news/how-cyprus-and-chevron-found-common-ground
The resolution of the dispute between the Republic of Cyprus and Chevron Cyprus Limited, the operator of the Aphrodite field, appears largely satisfactory to both parties....
https://knews.kathimerini.com.cy/en/business/crisis-averted-as-cyprus-and-chevron-reach-compromise
The resolution of the dispute between the Republic of Cyprus and Chevron Cyprus Limited, the manager of the Aphrodite field, can be seen as a compromise satisfying both parties. ...
https://knews.kathimerini.com.cy/en/news/critical-battle-looms-as-parliament-debates-foreclosure-legislation
Background consultations are in progress to prepare amendments to the legislative package on divestments, set for submission to the Parliament Plenary on Friday for a vote....
https://knews.kathimerini.com.cy/en/news/developer-s-double-plea-amidst-partially-frozen-road-project-in-akamas
None of those who attended the meeting of the Environment Committee left any wiser about what is happening in the projects that have been carried out in recent months for the first phase of improvement of part of the road network of the Akamas National Forest Park....
https://knews.kathimerini.com.cy/en/news/creditors-dispute-foreclosure-laws-and-strategic-defaults
Creditors reluctantly agree to extend the freeze on main residence foreclosures up to €350k, but tensions arise over proposed legislative changes....
https://knews.kathimerini.com.cy/en/news/no-direct-intervention-in-israel-conflict-says-iran-s-leader
Ayatollah Ali Khamenei says Iran will continue supporting Hamas but will not intervene directly - Office of the Iranian Supreme Leader
Iran’s supreme leader told the head of Hamas in a face-to-face meeting in Tehran that his country would not enter the war with Israel and accused the terror group of not giving any prior warning of the Oct 7 attacks....
https://knews.kathimerini.com.cy/en/business/ft-tech-giants-clash-with-eu-over-internet-control
A Financial Times article has reported that major players like TikTok and Meta, the parent company of Facebook, are pushing back against the European Union's (EU) recent internet regulations aimed at fostering greater openness and competition in online markets....
https://knews.kathimerini.com.cy/en/business/master-the-art-of-black-friday-shopping
As the Black Friday tradition, originating in the 1960s in the United States, ushers in the Christmas shopping season, Cypriots face unique economic challenges....
https://knews.kathimerini.com.cy/en/news/cyprus-confidential-unveils-scandalous-financial-ties
The ICIJ investigation reveals that PwC Cyprus collaborated with at least 12 Russians under Western sanctions, aiding in wealth transfer during Russia's annexation of Crimea and the Donbass war....
https://knews.kathimerini.com.cy/en/news/will-foreclosures-plague-2023
There is a race against time, with only a few weeks left to address the issue of foreclosures and enhance the framework....
https://knews.kathimerini.com.cy/en/news/freeze-on-home-foreclosures-likely-to-continue
As the year comes to a close, it seems likely that the freeze on foreclosures of primary homes valued up to €350k will be extended....
https://knews.kathimerini.com.cy/en/comment/opinion/unmasking-the-mystery-of-the-al-ahli-hospital-attack-in-gaza
"Who is Responsible for the Attack on Al-Ahli Hospital in Gaza?...
https://knews.kathimerini.com.cy/en/news/suspense-builds-as-foreclosure-deadline-nears-and-creditors-seek-solutions
Cyprus is nearing the end of the suspension of divestments of primary residences worth up to 350 thousand euros, but a solution remains elusive regarding open funds tied to the divestment framework. ...
https://knews.kathimerini.com.cy/en/news/cyprus-parliament-rejects-bills-on-borrowers-rights
The Cyprus Parliament voted against two non-government bills regarding borrowers' rights on Thursday, disregarding warnings from the government and the Central Bank about potential threats to the stability of the financial sector....
https://knews.kathimerini.com.cy/en/news/proposed-foreclosure-reforms-spark-debate-in-cyprus
Three proposals will be discussed at the last Plenary Session of the House of Representatives before the summer recess, along with three scenarios regarding the outcome of the foreclosure framework....
https://knews.kathimerini.com.cy/en/news/contentious-foreclosure-legislation-sparks-debate-in-parliament
The issue of foreclosures remains unresolved and will be the focal point of the upcoming plenary session on Thursday, July 13. ...
https://knews.kathimerini.com.cy/en/news/the-government-s-seven-proposals-for-vulnerable-individuals
Finance Minister Makis Keravnos submitted seven government actions aimed at addressing issues related to non-performing loans to Parliament yesterday....
https://knews.kathimerini.com.cy/en/news/parliament-to-vote-on-law-for-borrowers-foreclosure-appeal
The news from the "Oikonomiki Kathimerini" about the suspension of first home foreclosures up to €350,000 until the end of October has been confirmed. ...
https://knews.kathimerini.com.cy/en/news/president-urges-solution-as-foreclosure-laws-vote-approaches
Cyprus is heading towards suspending first residence property foreclosures up to 350,000 euros until the end of October....
https://knews.kathimerini.com.cy/en/news/man-dead-after-stabbing-outside-pub-in-limassol
A local bargoer was killed in a stabbing incident outside a pub in Limassol on Thursday morning, with local media suggesting a fight broke out over a financial dispute...
https://knews.kathimerini.com.cy/en/news/experts-to-take-charge-of-high-profile-corruption-cases
The Anti-Corruption Authority has initiated investigations and assessments of the complaints it has received....
https://knews.kathimerini.com.cy/en/news/groundbreaking-court-to-tackle-first-home-foreclosures
The groundwork for the establishment of a specialized jurisdiction court, which will exclusively handle issues related to the foreclosure of primary residences, will be laid on Thursday....
https://knews.kathimerini.com.cy/en/news/an-effective-foreclosure-framework-is-important-says-finmin
An effective and functional foreclosure framework is crucial for encouraging borrowers to restructure their debt, due to the high stock of non-performing loans (NPLs), the Cyprus Ministry of Finance said in a press release on Tuesday....
