https://knews.kathimerini.com.cy/en/news/the-future-of-the-banking-sector-is-digital-green-and-social
The future of the banking sector is digital, green and social, said the participants at the 3rd online FMW Conference, titled "Banking System: New Challenges and Opportunities". The Conference also highlighted the contrast between trying to tame inflation by raising interest rates and supporting vulnerable groups to avoid social unrest....
https://knews.kathimerini.com.cy/en/news/opec-and-russia-agree-to-cut-oil-production-by-2-million-barrels-a-day
OPEC and its allies, including Russia, approved a two million barrel-a-day cut in oil production on Wednesday, its first large reduction in output since the early days of the pandemic....
https://knews.kathimerini.com.cy/en/news/energy-poverty-the-nightmare-that-everyone-is-attempting-to-alleviate
"Energy poverty is a major social issue with a direct impact on health that affects approximately 54 million Europeans. High energy prices, low incomes, and damp, unhealthy homes with poor insulation all contribute to higher rates of energy poverty," according to a statement published on the website of the European Committee of Regions on June 2019....
https://knews.kathimerini.com.cy/en/news/von-der-leyen-temporary-cap-on-gas-prices
The European Commission is now moving towards a temporary cap on gas prices and a common supply of energy products, Commission President Ursula von der Leyen said in a speech to the European Parliament on Wednesday morning....
https://knews.kathimerini.com.cy/en/news/pandemic-takes-toll-on-the-mental-health-of-teenagers
The decline in mental health among teenagers was intensified by the Covid-19 pandemic with studies observing sharp increases in anxiety, depression, aggression, self-harm and, most prominently, online addiction, experts warn ahead of a three-day conference at the University of Athens (UoA) starting Wednesday....
https://knews.kathimerini.com.cy/en/business/ey-achieves-highest-growth-in-nearly-two-decades-reports-record-global-revenue-of-us$45-4b
EY announced combined global revenues of US$45.4b for the financial year ending June 2022 (FY22), an increase of 16.4% in local currency (13.7% in US dollars). This marks one of the most successful years in the history of the organization with the highest growth seen in nearly two decades attributed to the EY NextWave strategy to deliver long-term value for EY people, clients and society....
https://knews.kathimerini.com.cy/en/business/loan-interest-rates-rise-for-a-second-consecutive-month
Lending interest rates in Cyprus rose for a second consecutive month in August, with credit institutions pricing rate hikes by the European Central Bank and increased credit risk due to uncertainty and inflation pressures fuelled by the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/nicosia-concerned-over-mou-signed-between-libya-and-turkey
Nicosia has expressed concern and skepticism over the signing of the "MoU" between the government of national unity (GNU) of Libya and Turkey in the hydrocarbons field on the basis of the illegitimate Turkish - Libyan 'memorandum' of 2019....
https://knews.kathimerini.com.cy/en/business/cyprus-airways-more-capacity-and-destinations-for-the-summer
Cyprus Airways announced on Tuesday its ambitious plans for Summer 2023 during which it said that it will operate to 11 confirmed destinations with a schedule of at least 43 weekly flights, new destinations, and flights to be announced soon. The Summer 2023 schedule will start on Sunday, 26th of March....
https://knews.kathimerini.com.cy/en/news/investigating-russian-remittances-to-mount-athos
The Money Laundering Authority is investigating suspicious money transfers from abroad to the individual accounts of monks on Mount Athos....
https://knews.kathimerini.com.cy/en/news/almost-100k-third-country-nationals-ordered-to-leave-eu-in-q2-of-2022
33,450 people were ordered to leave France in the second quarter of 2022, representing 35 percent of the total repatriation orders placed during this time, and consequently, the highest number of returns recorded....
https://knews.kathimerini.com.cy/en/news/cannabis-sentence-overturned-for-‘research-purposes
A man in Cyprus who was jailed on a cannabis conviction is to be set free on a suspended sentence after his lawyer argued before the Supreme Court that a lower court completely discounted her client being into narcotics research and not illegal drug trade...
https://knews.kathimerini.com.cy/en/news/october-feel-arrives-as-spotty-showers-move-in
Temperatures are dropping rapidly in Cyprus after an unusual scorching weekend, with spotty showers and thunderstorms expected in different areas throughout the week...
https://knews.kathimerini.com.cy/en/news/investigator-fired-from-soldier-death-cover-up-probe
Cyprus’ chief prosecutor has fired one of two independent investigators in a police cover-up probe, prompting strong reaction from the ousted expert as well as the family of a slain soldier, whose death initially ruled a suicide turned out to be a criminal act 17 years ago with the perpetrators still at large after a botched investigation...
https://knews.kathimerini.com.cy/en/business/global-fintech-market-resilient-in-h1-22-$107-8-billion-in-investment-according-to-kpmg-s-pulse-of-fintech
Global fintech investment declined from $111.2 billion in H2’21 to $107.8 billion in H1’22, but remained remarkably resilient compared to historical trends given the challenges affecting the broader investment market, including geopolitical uncertainty, growing inflation, and increasing interest rates. ...
https://knews.kathimerini.com.cy/en/news/doctor-‘fake-pass-trial-put-off-again
A Cypriot doctor, who denies ever issuing bogus vaccination certificates during the pandemic, will have to wait a whole year before his day in court, after a judge on Monday pushed back his trial until next year...
https://knews.kathimerini.com.cy/en/news/school-mama-accused-of-slapping-boy-in-the-face
A woman in Famagusta district could be in legal trouble after allegedly striking and threatening a young pupil, with reports suggesting the school mama waited outside her son’s primary after hearing about a physical altercation between the two boys...
https://knews.kathimerini.com.cy/en/news/hooligan-mayhem-spills-onto-highway-in-nicosia
Eye witnesses on the highway south of Nicosia found themselves in the middle of a full blown battle Sunday night, when football hooligans fought each other amid flares and smoke bombs, followed by tear gas from riot police who managed to make no arrests...
https://knews.kathimerini.com.cy/en/news/cyprus-issues-rare-heat-warning-in-fall-month
A heat warning went into effect Sunday late morning for Cyprus’ inland areas, with maximum temperatures expected to reach 40 degrees Celsius and levels dropping back down as rain clouds move in early next week...
https://knews.kathimerini.com.cy/en/news/eu-countries-approve-energy-windfall-levies-turn-to-gas-price-cap
European Union countries agreed on Friday to impose emergency levies on energy firms’ windfall profits and began talks on their next move to tackle Europe’s energy crunch – possibly a bloc-wide gas price cap....
https://knews.kathimerini.com.cy/en/life/diffords-guide-deejay-radio-presenting-the-3rd-annual-cyprus-cocktail-festival
Deejay Radio presents the 3rd annual Cyprus Cocktail Festival in collaboration with international guide diffordsguide.com!...
https://knews.kathimerini.com.cy/en/news/kremlin-four-ukrainian-regions-to-be-officially-annexed-tomorrow
The official annexation of the four occupied Ukrainian regions where referendums were held will be announced tomorrow by Moscow at a special ceremony....
https://knews.kathimerini.com.cy/en/news/finance-minister-calls-for-prudency-to-safeguard-economy
Cypriot Minister of Finance Constantinos Petrides, stressed on Wednesday evening the need to be “even more careful” with the fiscal discipline in the new challenging era, while Central Bank Governor Constantinos Herodotou referred to the risk of new NPLs due to the challenging economic conditions....
https://knews.kathimerini.com.cy/en/business/permits-granted-for-7-000-highly-skilled-workers-from-3rd-countries
The policy of granting tax incentives to foreign technology companies is yielding results, Invest Cyprus Investment Promotion Agency Chairman Evgenios Evgeniou said, stressing that 7,000 work permits have been approved this year for highly skilled individuals who chose to work in Cyprus....
https://knews.kathimerini.com.cy/en/business/cypriot-businesses-face-serious-issues-but-still-expect-to-turn-a-profit
What are the main problems for Cypriot businesses (table)
...
https://knews.kathimerini.com.cy/en/news/why-evs-are-a-flop-in-cyprus-…-so-far
It's only a 150-kilometer drive across Cyprus; well below how far an average electric vehicle can drive on a single charge. Range anxiety — a major barrier in the shift to EVs — shouldn't be a thing....
https://knews.kathimerini.com.cy/en/news/locals-keep-objecting-to-barbed-wire-around-divided-nicosia
New video footage shows barbed wire tossed aside in east Nicosia, with local media following the story after locals west of the capital demonstrated over the weekend against a controversial government fence aimed at keeping irregular migrants at bay...
https://knews.kathimerini.com.cy/en/news/170-000-flu-vaccines-on-on-their-way-to-cyprus
Vaccination against the seasonal flu by GPs is expected to begin within the first ten days of October and Cyprus will receive 170,000 vaccines which are set to arrive Wednesday....
https://knews.kathimerini.com.cy/en/news/candidates-concerned-over-higher-rents-facing-undergraduates
Parties and candidates on Monday continued their activities, ahead of the February 2023 presidential elections, with issues such as digital transformation, labor relations, the Cyprus problem and benefits for undergraduate students who face difficulties renting student halls, topping the agenda....
https://knews.kathimerini.com.cy/en/news/crucial-countdown-as-cyprus-moves-to-block-lone-star
Private equity firm Lone Star has until Friday to submit a binding offer to buy the Bank of Cyprus, but the island’s largest financial institution could be out of reach as the House is expected one day earlier to vote on a bill that would authorize the government to block a hostile takeover on security grounds...
