https://knews.kathimerini.com.cy/en/news/angelides-calls-for-checks-and-balances-on-michaelides-conduct
In a recent interview with Andreas Kimitris, Deputy Attorney General Savvas Angelides stressed the importance of following the right steps when looking into the Auditor General's behavior. ...
https://knews.kathimerini.com.cy/en/news/cypriot-banks-predicted-to-surpass-€1-2-billion-profits-in-2024
In a landmark year, Cypriot banks soared to unprecedented heights, boasting profits exceeding €1.1 billion in 2023....
https://knews.kathimerini.com.cy/en/news/parliament-opens-breastfeeding-room-for-working-moms
In a move aimed at supporting breastfeeding mothers and promoting a culture of inclusivity, the House of Representatives has unveiled a newly designed and equipped breastfeeding room within its premises....
https://knews.kathimerini.com.cy/en/news/mfa-audit-uncovers-misuse-of-public-funds-and-abuse-of-power
A recent audit conducted by the Audit Service of the Ministry of Foreign Affairs (MFA) has revealed instances of misappropriation of public money and abuse of power spanning the years 2021 and 2022....
https://knews.kathimerini.com.cy/en/business/alternative-investments-and-portfolio-diversification
In contrast to traditional investments in stocks and bonds, portfolios incorporating alternative investments have historically offered higher returns, a trend that has become more prevalent in recent years. ...
https://knews.kathimerini.com.cy/en/news/eu-acts-against-russian-owned-companies
The European Commission released guidelines on the implementation of the new article 5r of Council Regulation 833/2014 of the 12th package of restrictive......
https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/news/german-order-of-merit-awarded-to-cypriot-professor
In a ceremony scheduled for Wednesday, April 17, Professor Nikolaos Zamboglou will be honored with the Cross of the Order of Merit of the Federal Republic of Germany by German Ambassador to Cyprus, Anke Schlimm....
https://knews.kathimerini.com.cy/en/news/workplace-harassment-hits-1-in-3-eu-report-finds
A third of sexual harassment occurs in the workplace, European Commissioner for Health and Food Safety Stella Kyriakides said at an event organised by Cyprus Workers......
https://knews.kathimerini.com.cy/en/business/chart-your-course-and-join-wista-cyprus-mentorship-program
Specifically designed to guide young professionals through the early stages of their careers in the maritime sector, both at sea and ashore, MentorWave's new MentorShip program has been announced by WISTA Cyprus....
https://knews.kathimerini.com.cy/en/news/cbc-governor-faces-toughest-banking-challenges-yet
A new dawn breaks with the appointment of Mr. Christodoulos Patsalides as the Central Bank of Cyprus's new governor, heralding both promise and challenge....
https://knews.kathimerini.com.cy/en/news/the-absence-of-accountability
The recent bout of inclement weather has brought to light a glaringly scandalous agreement between the government and a private entity. In this arrangement, ...
https://knews.kathimerini.com.cy/en/news/thousands-of-students-whereabouts-unknown-in-occupied-territories
An investigation conducted by a parliamentary committee in the occupied territories has unveiled a concerning reality: between 4,000 to 10,000 individuals with student status remain unaccounted for, as reported by the "immigration department."...
https://knews.kathimerini.com.cy/en/news/authorities-stumped-on-declared-cash
The question of the whereabouts of over 90 million euros in cash allegedly spent by travelers arriving in Cyprus through Larnaca and Paphos airports in the last 15 months remains unanswered by competent state authorities....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-electricity-market-struggles-amid-smart-meter-setback
Cyprus faces significant hurdles in its electricity sector, notably in establishing a fair and competitive market. This impacts consumer choice of suppliers and efforts to transition to cleaner energy sources at home....
https://knews.kathimerini.com.cy/en/news/where-did-all-the-declared-cash-go
Director General of the Ministry of Finance, George Panteli, revealed to Parliament's Institutions Committee that between 2021 and March 2024, 1077 cash declarations, totaling 119 million euros, entered Cyprus via Larnaca and Paphos airports....
https://knews.kathimerini.com.cy/en/news/countdown-begins-for-next-cyprus-central-bank-governor
As the clock ticks towards the end of Mr. Konstantinos Herodotou's tenure on April 11, all eyes are on the impending announcement of his successor by President Nikos Christodoulides. ...
https://knews.kathimerini.com.cy/en/news/mafia-state-author-stands-firm-i-can-back-up-every-word-with-evidence
Makarios Drousiotis, author of the book ''Mafia State,'' testified before the Anti-Corruption Authority under Gabrielle Louise McIntyre, with his session lasting a full four hours....
https://knews.kathimerini.com.cy/en/news/eu-reform-proposals-spark-concern-among-small-states
Germany and France are pushing for significant reforms within the European Union, including the abolition of unanimous decision-making and a reduction in the number of Commissioners....
https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-holds-1-buffer-rate-to-safeguard-banks
The Central Bank of Cyprus (CBC) has maintained the countercyclical buffer (CCyB) rate to be observed by commercial banks at 1%, with effect as of June 2, 2024....
https://knews.kathimerini.com.cy/en/news/banks-february-deposits-rise-by-€65-4-million
Total deposits in February recorded a significant net increase by €65.4 million following a decrease of €366.0 million in the previous month......
https://knews.kathimerini.com.cy/en/news/government-strengthens-social-safety-net-with-nationwide-social-worker-program
In a move aimed at bolstering the country's social safety net, Cyprus President Nikos Christodoulides announced a nationwide expansion of the Neighbourhood Social Workers' Programme....
https://knews.kathimerini.com.cy/en/news/akamas-road-irregularities-demand-answers
A series of pressing questions has emerged concerning irregularities in the initial phase of the road network construction in Akamas....
https://knews.kathimerini.com.cy/en/news/russian-oil-payments-delayed-amid-sanctions-scrutiny
Russian oil companies are facing significant delays in receiving payments for crude and fuel as banks in China, Turkey, and the United Arab Emirates (UAE) exercise increased caution over potential U.S. secondary sanctions, according to eight sources familiar with the matter....
https://knews.kathimerini.com.cy/en/business/audit-uncovers-mismanagement-in-cyprus-public-health-system
In a damning revelation, Auditor General Odysseas Michaelides unveiled alarming mismanagement within Cyprus' public health sector, particularly in its flagship National Health System (GESY). ...
https://knews.kathimerini.com.cy/en/news/cyprus-economy-holds-steady-amid-challenges
Canadian credit rating agency DBRS Ratings GmbH (Morningstar DBRS) has affirmed the Republic of Cyprus's long-term ratings, maintaining it at BBB (high) with a stable economic outlook. ...
https://knews.kathimerini.com.cy/en/business/us-sanctions-cyprus-based-entity-for-russian-sanctions-evasion
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions on Monday against thirteen entities and two individuals, including one based in Cyprus, ...
https://knews.kathimerini.com.cy/en/news/dignitaries-gather-for-25th-of-march-celebrations
At 10 a.m. today, a Solemn Doxology took place in the Holy Church of Panagia Faneromeni, led by the Archbishop of Cyprus, Georgios. Among the distinguished guests...
https://knews.kathimerini.com.cy/en/news/seven-out-of-ten-students-can-get-drugs-in-a-day
A recent revelation has sparked concern among authorities in Cyprus as reports indicate that 7-8 out of 10 Cypriot students find it alarmingly easy to obtain drugs, including cannabis, within a mere 24-hour timeframe....
https://knews.kathimerini.com.cy/en/business/responsible-today-sustainable-tomorrow-lidl-cyprus-with-an-eye-on-cyprus-of-the-future
An event dedicated to its vision for a sustainable tomorrow was held by Lidl Cyprus at the premises of the Lidl Food Academy in the centre of Nicosia on Thursday 21 March 2023, in the presence of the honourable Minister of Energy, Trade and Industry, Mr. Giorgos Papanastasiou, as well as other institutional body representatives and partners of the company, as well as representatives of the media. ...
