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09 July, 2025
 

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Displaying results 1501-1530 of 2781 matches for query financial.

1501. April Newsletter of K. Treppides & Co Ltd: CySEC

https://knews.kathimerini.com.cy/en/business/1-april-newsletter-of-k-treppides-co-ltd-cysec

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

1502. Fiscal surplus of €570.2 mn and 86.5% debt to GDP ratio in 2022

https://knews.kathimerini.com.cy/en/news/fiscal-surplus-of-€570-2-mn-and-86-5-debt-to-gdp-ratio-in-2022

The Statistical Service announced on Friday a fiscal surplus of €570.2 mn, which corresponds to 2.1% of GDP and a fiscal debt of €23,371.1 mn, which corresponds to 86.5% of GDP....

1503. TaxApp.cy: The easy way to submit a tax return

https://knews.kathimerini.com.cy/en/business/taxapp-cy-the-easy-way-to-submit-a-tax-return

With TaxApp, taxpayers can easily and quickly submit their tax returns while ensuring correct submission. ...

1504. Central Bank Governor: Sanctions' impact on economy not significant so far

https://knews.kathimerini.com.cy/en/news/central-bank-governor-sanctions-impact-on-economy-not-significant-so-far

The Governor of the Central Bank of Cyprus, Constantinos Herodotou, was received on Friday morning (21/04) by the President of the Republic, Nicos Christodoulides. ...

1505. The real estate industry's crucial turning point

https://knews.kathimerini.com.cy/en/comment/opinion/the-real-estate-industry-s-crucial-turning-point

The European Parliament recently approved a new bill that aims to tackle climate change by reducing carbon emissions. This new legislation has significant implications for the property markets in Cyprus and Greece, where there is a large stock of buildings over 30 years old and requiring energy upgrades....

1506. Russian and Ukrainian stock in Cypriot fund's Lukoil deal

https://knews.kathimerini.com.cy/en/news/russian-and-ukrainian-stock-in-lukoil-deal

A highly contentious takeover of a Lukoil plant in Italy by a Cypriot fund appears to be moving forward, with the latest media speculators picking on rumors that the leadership of the new operation might come from both Russian and Ukrainian stock...

1507. Cypriot hourly wages still below EU average

https://knews.kathimerini.com.cy/en/news/cypriot-hourly-wages-still-under-eu-average

In 2022, the average hourly wages and salaries in the whole economy were estimated to be 15.6 euros in Cyprus, 22.9 euros in the EU and 25.5 euros in the euro area, according to data released by Eurostat, the statistical service of the EU. Compared with 2021, they increased by 7.5% in Cyprus, by 4.4% in the EU and by 4.0% in the euro area...

1508. Hacked data from Cyprus up for grabs on darknet

https://knews.kathimerini.com.cy/en/news/hacked-data-from-cyprus-up-for-grabs-online

Encrypted folders with stolen information from Open University of Cyprus may be available on the dark web, where data brokers and identity thieves can now buy access to private information of students and staff after the institution failed to pay ransom...

1509. US Congress members sold bank shares amidst banking crisis fears

https://knews.kathimerini.com.cy/en/news/us-congress-members-sold-bank-shares-amidst-banking-crisis-fears

On March 10, as fears were swirling over the health of the nation’s banks, an investment account belonging to the children of Rep. Jared Moskowitz, D-Fla., sold shares of Seacoast Banking Corp. worth $65,000 to $150,000....

1510. Finance Minister considers lowering VAT rates for basic necessities

https://knews.kathimerini.com.cy/en/business/finance-minister-considers-lowering-vat-rates-for-basic-necessities

The Minister of Finance of Cyprus, Makis Keravnos, has announced that the Ministry is considering measures for banks and credit-acquiring companies to absorb high-interest rate increases, as well as reducing value-added tax (VAT) for basic necessity products to tackle high prices....

1511. Trickier travel looms as Eurostar ends direct trains from London to Disneyland Paris

https://knews.kathimerini.com.cy/en/news/trickier-travel-looms-as-eurostar-ends-direct-trains-from-london-to-disneyland-paris

Families that plan to go to Disneyland Paris from the United Kingdom this summer will have to rethink their plan of how to get there as Eurostar is set to end its direct trains from London to this destination....

1512. Deadline looms for hackers' threat to release Open University data

https://knews.kathimerini.com.cy/en/business/deadline-looms-for-hackers-threat-to-release-open-university-data

The clock is ticking for the Open University as the deadline looms for a group of hackers called 'Medusa' to release personal data that they intercepted. ...

1513. Finance Minister requests containment of lending rates for housing loans

https://knews.kathimerini.com.cy/en/news/finance-minister-requests-containment-of-lending-rates-for-housing-loans

The Finance Minister of Cyprus, Makis Keravnos, has written letters to the Director General of the Cyprus Banks Association and the Director General of the Association of Credit Acquisition Companies and Credit Facility Managers, requesting measures to control rising lending rates for serviceable loans up to €350,000....

1514. Numerous foreclosure sales expected in 2023 and 2024

https://knews.kathimerini.com.cy/en/business/numerous-foreclosure-sales-expected-in-2023-and-2024

The COVID-19 pandemic and the subsequent suspension of divestments since 2020 have led to the creation of a considerable volume of properties for disposal that banks and credit purchase companies have on their balance sheets....

1515. Cypriot banks dump Russian client accounts

https://knews.kathimerini.com.cy/en/news/cypriot-banks-dump-russian-client-accounts

Russian nationals in the Republic of Cyprus are facing bank account closures as the island’s financial institutions are choosing to axe client accounts to avoid sanction violation risks, but some fear an indiscriminate sweep may affect innocent customers...

1516. Assets of US and UK sanctioned entities in Cyprus will be frozen

https://knews.kathimerini.com.cy/en/business/assets-of-us-and-uk-sanctioned-entities-in-cyprus-will-be-frozen

Cypriot individuals and entities included in UK and US sanctions list will see their assets in the Cypriot banking system frozen and will not be able to carry out any banking transaction in Cyprus, Marios Skandalis, Chief Compliance Officer of Bank of Cyprus, the island’s largest lender has said....

1517. Nicosia scrambles to protect brand after sanctions incident

https://knews.kathimerini.com.cy/en/news/nicosia-scrambles-to-guard-trademark-after-sanctions-incident

President of Cyprus Nikos Christodoulides convened an extraordinary meeting on Thursday following the inclusion of Cypriot natural and legal persons in the lists of the latest sanctions published on Wednesday by the United States of America and the United Kingdom...

1518. Bill for 'e-Kalathi' product price comparison app submitted for Cabinet approval

https://knews.kathimerini.com.cy/en/business/bill-for-e-kalathi-product-price-comparison-app-submitted-for-cabinet-approval

The bill for the implementation of a digital tool that enables daily information on retail prices and product comparisons is ready for submission to the Cabinet....

1519. Christodoulos Vassiliadis denies offering services to sanctioned Russian oligarch

https://knews.kathimerini.com.cy/en/news/christodoulos-vassiliadis-denies-offering-services-to-sanctioned-russian-oligarch

"We did not provide services to a person subject to sanctions," says Christodoulos Vassiliadis....

1520. Washington targets Russian enablers in Cyprus

https://knews.kathimerini.com.cy/en/news/washington-targets-russian-enablers-in-cyprus

A US list further curbing Russia’s access to the international financial system through facilitators and their businesses includes Cypriot nationals and Cypriot businesses...

1521. Cyber gang badgers Cypriot university to cough up $100K

https://knews.kathimerini.com.cy/en/news/cyber-gang-badgers-cypriot-university-to-cough-up-$100k

The notorious Medusa ransomware gang is asking for $100,000 from Open University of Cyprus following a cyberattack on the institution’s digital platforms, with data samples already leaked online to prove they are not kidding...

1522. CySEC fines CIF one million euros for regulatory violations

https://knews.kathimerini.com.cy/en/news/cysec-fines-cif-one-million-euros-for-regulatory-violations

The Cyprus Securities and Exchange Commission (CySEC) announced its decision to impose a fine of one million euros on the Cyprus Investment Firm (CIF) Itrade Global Ltd....

1523. Two Cypriots sanctioned by UK over links to Russian oligarchs

https://knews.kathimerini.com.cy/en/business/two-cypriots-sanctioned-by-uk-over-links-to-russian-oligarchs

The British government has added two Cypriots to its sanctions list due to their professional connections with Russian oligarchs Roman Abramovich and Aliyev Ushmanov. ...

1524. Three major concerns of ECB regarding Cypriot banks

https://knews.kathimerini.com.cy/en/business/three-major-concerns-of-ecb-regarding-cypriot-banks

Although Cypriot banks have made great progress over the last decade, foreign supervisors have reservations and summarise their concerns in three areas....

1525. Greek banks freeze mortgage installments for 12 Months

https://knews.kathimerini.com.cy/en/news/greek-banks-freeze-mortgage-installments-for-12-months

Eurobank, Piraeus and Alpha Bank have announced that they will be keeping mortgage installments at their current levels for 12 months. As pledged by the first two banks, the baseline rates of serviced mortgage loans will remain at the levels they were on March 31, 2023, minus 20 basis points, for 12 months, starting in May. National Bank is expected to follow suit....

1526. IMF projects steady GDP growth for Cyprus in 2023

https://knews.kathimerini.com.cy/en/news/imf-projects-steady-gdp-growth-for-cyprus-in-2023

The International Monetary Fund (IMF) maintained its projection for Cyprus’ economic growth in 2023 at 2.5% of GDP, while real GDP growth is expected to pick up pace in the next year....

1527. K. Treppides & Co Ltd: Sustainable Finance

https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-sustainable-finance

Sustainability is the key to a better, healthier, and more viable future as it improves the quality of our lives with the use of natural resources which protect our ecosystem in general. By taking into consideration the three pillars of economic viability, environmental protection, and social well-being, we can preserve the future generations’ needs while, from a corporate perspective, the development of sustainable strategies can lead to a company’s longevity....

1528. Cyprus winemakers to receive €22 million in EU support

https://knews.kathimerini.com.cy/en/news/cyprus-winemakers-to-receive-€22-million-in-eu-support

Cyprus through the National Plan for the wine sector will provide viticulturists and winemakers with more than €22 million of support from EU funds by October 2023, Minister of Agriculture, Rural Development and the Environment Petros Xenofontos said on Sunday. ...

1529. Are you ready for ChatGPT to take over your job?

https://knews.kathimerini.com.cy/en/business/are-you-ready-for-chatgpt-to-take-over-your-job

Since its release in November of last year, OpenAI's ChatGPT has been used to write cover letters, create a children's book, and even help students cheat on their essays....

1530. Cypriot fund facing mighty resistance in Lukoil deal

https://knews.kathimerini.com.cy/en/news/cypriot-fund-facing-mighty-resistance-in-lukoil-deal

Efforts to dispel US concerns over suspected Russian influence in a Cypriot fund buying a Lukoil plant in Sicily may be gaining traction with Italian officials, with reports suggesting American resistance may be losing ground after a crucial meeting last week...

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