https://knews.kathimerini.com.cy/en/news/hellenic-bank-rakes-in-€240-7m-in-2023-s-first-9-months
Hellenic Bank announced on Tuesday a profit of €240.7 million for the first 9 months of 2023....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-grilled-on-russia-sanctions-progress
The President of the Republic, Nikos Christodoulides, was informed during a meeting on Monday at the Presidential Palace about the course of implementation of decisions taken regarding the improvement of the monitoring framework of the sanctions imposed on Russia by the USA and about the course of investigations carried out for violating sanctions. ...
https://knews.kathimerini.com.cy/en/business/nicosia-s-one-stop-shop-sparks-green-line-trade-revolution
The European Commission has taken a significant step in facilitating cross-border trade with the introduction of the EU One Stop Shop (EU OSS) for Green Line trade, located in the vibrant city of Nicosia....
https://knews.kathimerini.com.cy/en/news/pocket-drain-or-green-gain-denmark-s-tricky-tax-call
Airports Council International Europe has issued a cautionary note to the Danish Government, discouraging the introduction of a passenger tax averaging 100 Danish krone or $14 (€13.41) on air travel....
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/house-plenary-votes-on-teleworking-bill-what-s-at-stake
In a decisive move, the House plenary convened this afternoon to cast their votes on a groundbreaking teleworking bill, aiming to establish a robust framework for regulating working conditions in the evolving landscape of remote employment....
https://knews.kathimerini.com.cy/en/news/demetriou-s-challenge-for-cyprus-to-rise-from-the-credibility-ashes
The need for a collective and comprehensive effort to reclaim the credibility of Cyprus is more urgent than ever, pledged on Thursday President of the House of Representative Annita Demetriou....
https://knews.kathimerini.com.cy/en/news/finance-minister-perturbed-over-cyprus-confidential
Finance Minister Makis Keravnos expressed dismay over the revelations in ''Cyprus Confidential,'' emphasizing concerns about ongoing portrayals of Cyprus as a problematic financial and investment destination....
https://knews.kathimerini.com.cy/en/news/ipto-paves-the-way-for-cyprus-israel-electrical-bond
The Independent Power Transmission Operator of Greece (IPTO) intends to establish a subsidiary Special Purpose Vehicle (SPV) to facilitate the potential entry of the Republic of Cyprus and other potential investors into the electrical interconnection project between Greece, Cyprus, and Israel (EuroAsia Interconnector)....
https://knews.kathimerini.com.cy/en/news/will-black-friday-s-shopping-basket-be-lighter-this-year
The November market outlook differs this year....
https://knews.kathimerini.com.cy/en/business/eurozone-economic-snapshot-november-13-2023
Inflation in the Eurozone, which stood at 10.6% in October 2022, has decreased to 2.9% in October 2023, sparking optimism among central bankers....
https://knews.kathimerini.com.cy/en/news/elizabeth-mccaul-unveils-hidden-financial-dangers
A strong signal highlighting the need for closer scrutiny of non-bank financial institutions comes from Frankfurt, as Elizabeth McCaul, a member of the European Central Bank's Supervisory Board, emphasizes the potential risks....
https://knews.kathimerini.com.cy/en/news/cyprus-bar-association-under-scrutiny-for-alleged-misleading-of-asylum-seekers
The President of the Pancypriot Bar Association, Michalis Vorkas, has confirmed today that the association is facing complaints from the Ministry of the Interior regarding allegations of lawyers misleading asylum seekers....
https://knews.kathimerini.com.cy/en/news/data-protection-commissioner-opposes-school-cctv-pilot
In a statement, Irene Loizidou Nikolaidou, the Commissioner for Personal Data Protection, declared that the potential implementation of Closed Circuit Video Surveillance (CCTV) in school units, even as a pilot, violates the principle of legality within the General Data Protection Regulation (GDPR) framework....
https://knews.kathimerini.com.cy/en/news/european-commission-demands-turkey-s-commitment-to-un-framework-on-cyprus
The European Commission’s annual report on Turkey’s EU accession process, presented in Brussels on Wednesday, stressed the need for a Cyprus settlement based on a bizonal bicommunal federation as the only solution that is acceptable by the EU....
https://knews.kathimerini.com.cy/en/news/police-force-faces-renewed-criticism-after-recent-tragedies
The debate on the problems in the police force, which was a hot topic in the public sphere last week due to the two fatal attacks that occurred in a short span of time, was reignited on Wednesday, when all the relevant officials, led by the Minister of Justice and Public Order, Anna Koukkidi-Prokopiou and the Chief of Police, Stelios Papatheodorou, met in the Parliament's Institutions Committee....
https://knews.kathimerini.com.cy/en/business/championing-consumer-rights-in-the-digital-era
A Consumer Dialogue event titled "New Consumer Agenda - Challenges ahead" took place at the EU House in Nicosia, addressing critical aspects of consumer protection, consumer rights and obligations in an era marked by the challenges of digitalization and the green transition....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-bracing-for-profit-squeeze-according-to-moody-s
Moody's believes that Cyprus' small and saturated banking sector, the banks' limited loan portfolio, and low fee and commission income will restrict opportunities for growth in domestic banks' activities and profitability in the long term....
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/president-christodoulides-bold-vision-for-resolving-the-cyprus-issue
We are working with a specific plan so that we can make it possible to break the deadlock and through the solution of the Cyprus problem to reach a mutually beneficial state of affairs for all parties involved, President Nikos Christodoulides said on Monday afternoon....
https://knews.kathimerini.com.cy/en/news/un-mediates-as-verbal-incident-sparks-pyla-diplomacy
The situation in Pyla remains quiet, United Nations sources told the Cyprus News Agency when asked about press reports on tension in the area....
https://knews.kathimerini.com.cy/en/news/greece-and-cyprus-collaborate-on-humanitarian-sea-corridor-to-gaza
Greece is in daily contact with Cyprus regarding the initiative for a humanitarian sea corridor to Gaza, Greek Foreign Minister Giorgios Gerapetritis said....
https://knews.kathimerini.com.cy/en/news/sea-lice-disaster-hits-iceland-s-prominent-salmon-farm
Images of severely diseased, dead and dying salmon at an Icelandic fish farm, obtained by the Guardian, have been described by one veterinary expert as an “animal welfare disaster” on a scale never previously seen....
https://knews.kathimerini.com.cy/en/comment/opinion/tensions-escalate-as-aphrodite-field-negotiations-reach-breaking-point
The final phase of negotiations for the development of the Aphrodite field, led by Chevron's consortium in Block 12 and the Republic of Cyprus, is approaching its deadline, set by Nicosia for the commencement of FEED operations on the upcoming Sunday, November 5....
https://knews.kathimerini.com.cy/en/news/cabinet-approves-measures-to-combat-school-violence-and-delinquency
The Council of Ministers in Cyprus has given the green light to a series of measures aimed at preventing violence and delinquency, with a strong emphasis on the role of schools in addressing this issue....
https://knews.kathimerini.com.cy/en/news/no-foreclosures-on-first-homes-until-the-end-of-2023
In a development concerning foreclosures, four months after the summer 2023 decisions, the data remains unchanged. Banks and credit redemption companies have been urged to provide a two-month grace period for first homes and properties up to 350 thousand euros. ...
https://knews.kathimerini.com.cy/en/news/top-un-official-to-meet-cyprus-president-and-turkish-cypriot-leader
UN Under-Secretary-General for Peace Operations, Jean-Pierre Lacroix Lacroix arrives in Cyprus at noon Wednesday for a three day visit and is scheduled to hold separate meetings in the afternoon with Cyprus President, Nikos Christodoulides, at the Presidential Palace at 1530 and with Turkish Cypriot leader Ersin Tatar in the Turkish occupied areas of the island at 1700....
https://knews.kathimerini.com.cy/en/news/healthcare-ethics-scrutinized-as-concerns-arise-over-dual-practice-doctors
Recent speculations have emerged regarding doctors affiliated with the General Healthcare System (GESY), primarily in surgical specialties, who are reportedly providing services in hospitals and clinics outside of the GESY 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/news/cyprus-leads-push-for-gaza-humanitarian-corridor
Nicosia is actively pursuing the creation of a humanitarian corridor to provide much-needed aid to Gaza amid the ongoing Israeli-Hamas conflict and the Israeli Defense Forces' ground operations in the Palestinian enclave.
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