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361. Cyprus banks secure Moody's upgrade to investment status

After 12 years, Moody's has upgraded the ratings of Cyprus' two major banks, Bank of Cyprus and Hellenic Bank, placing them in the investment category....

362. Deloitte continues to foster trust through transparency

Deloitte Cyprus issued its 12th Audit Transparency Report for the year ending 31 May 2023. The report provides an in-depth analysis on how the firm embraces its responsibilities to its clients, people, society, and the market, with the highest quality standards. ...

363. Finance Ministry's new measures for the vulnerable in the works

The Finance Ministry is considering new measures to support particularly the vulnerable groups of society amid the continuing pressures from high prices and inflation, Makis Keravnos Minister of Finance said on Monday, adding the measures were in the pipeline irrespective of the rating upgrades by Moody’s and DBRS Morningstar....

364. Inflation fears and green investments

The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...

365. Cyprus faces institutional hurdles in anti-corruption efforts

Cyprus' anti-corruption legislation for top executive officials appears robust on paper, but its practical effectiveness is hampered by institutional shortcomings, warns the Council of Europe's Group of States Against Corruption (GRECO)....

366. Cyprus celebrates 63rd independence anniversary with impressive military parade

Cyprus marked its 63rd independence anniversary with a grand military parade that showcased the unwavering commitment of the National Guard to ensure the nation's security....

367. Doxa Komodromou reveals shocking truths about her resignation

In a recent interview with "Kathimerini," former Deputy Government Representative Doxa Komodromou shed light on the controversy surrounding her resignation, which was closely tied to the issue of overtime payments....

368. Christodoulides to welcome Metsola at Sunday parade

The President of the Republic, Nikos Christodoulides, will hold a meeting with the President of the European Parliament, Roberta Metsola, tomorrow, October 1st, at the Presidential Palace....

369. Thousands of Armenians flee Nagorno-Karabakh conflict zone

Tens of thousands of ethnic Armenians have fled from Nagorno-Karabakh since the territory surrendered to Azerbaijan on 20 September....

370. CBC Governor Herodotou reveals breakthrough in digital finance

The Central Bank of Cyprus has completed the tender for a new digital platform for customer compliance, said CBC Governor Constantinos Herodotou, speaking at an event organized by the Association of Cyprus Electronic Money and Payment Institutions, on Thursday afternoon....

371. Trump ''freaks out'' in response to fraud ruling

Soon after New York Judge Arthur Engoron found Donald Trump and his adult sons liable for fraud and canceled the Trump Organization’s business certification on Tuesday, the disgraced former president freaked out about it in a lengthy all-caps rant on Truth Social that he appeared to have originally written yesterday....

372. War in Ukraine nears potential 'dirty deal' conclusion

Thomas Friedman, American political commentator, author and weekly columnist for The New York Times, tells Kathimerini that the ongoing war in Ukraine will probably be resolved with “a dirty deal” that will include the loss of a part of eastern Ukraine in exchange for Kyiv’s accession to NATO and the European Union....

373. School escorts back on track to aid hundreds of disabled students

The perennial issue of meeting the needs of students requiring school assistants has resurfaced as the new school year begins. ...

374. Sepaga EMI named one of the top 20 great places to work in Europe

Nicosia, Cyprus – 26/9/2023 – Sepaga EMI, a leading fully licensed and regulated Electronic Money Institution by the Central Bank of Cyprus (License No. 115.1.3.18/2018) since 2017 takes pride in providing its clients with exceptional financial solutions for managing their funds and global payments....

375. Cyprus government approves 24-hour care facilities for disabled adults

The Council of Ministers has given its nod to a proposal by the Ministry of Social Welfare, paving the way for the acquisition of five buildings designated for 24-hour care facilities for adults with disabilities. Deputy Minister Marilena Evangelou made this announcement following the Council of Ministers' meeting on Tuesday....

376. 16 students awarded $34,500 in scholarships for US universities

The Cyprus Children's Fund (CCF) has announced the selection of 16 students for its 2023 Scholarship Awards, totaling $34,500. These scholarships are aimed at supporting Greek students pursuing their education in American universities. ...

377. TechIsland Summit 2023: Cyprus on the fast track of becoming a tech island

TechIsland held its annual TechIsland Summit within the framework of the Reflect Festival on 20 September 2023....

378. New level of professional coaching in Cyprus

ICF Cyprus Chapter has opened its doors in Cyprus as a chapter of the International Coaching Federation. ICF is the leading global organization of 62,000-plus professional personal and business coaches....

379. €369 million EIB loan for smart investments

The government has secured a €369 million loan from the European Investment Bank (EIB) with favorable terms to support expenditures and investments within the framework of the "Thalia" program. ...

380. Consulco’s London Credit Fund; Existing & New Investment Opportunities

381. E-kalathi bill sparks debate in Parliament

During yesterday's session of the Parliamentary Committee on energy and trade, the debate shed light on a crucial aspect of the E-kalathi bill. It became evident that there are lingering disagreements among stakeholders and the majority of MPs on this issue. ...

382. K. Treppides & Co Ltd and EIMF partner up to offer complimentary studies and assured long-term employment

A unique agreement recently penned between K. Treppides & Co Ltd and the European Institute of Management and Finance (EIMF) offers full-time employment while covering all study costs associated with obtaining EIMF’s accredited Diploma in “Accounting and Financial Management”....

383. Borrowers in a high-stakes game of loan roulette

In 2023, borrowers face a pivotal year, primarily due to the soaring levels of inflation, rising prices, and increasing interest rates. This year also carries significant importance for banks, not in terms of profits, ...

384. Christodoulides' UN call: A bold push for Cyprus reunification

In his address before the 78th UN General Assembly today, the President of the Republic of Cyprus, Nicos Christodoulides, will emphasize six key areas of focus, with the majority centered on addressing the Cyprus problem and the prospects for resuming negotiations while referencing the foundation for a solution....

385. Women now command 56% of Austrian university seats

The proportion of female students at Austrian universities is higher than the opposite gender, overtaking them by 56 per cent, as Statistics Austria has revealed....

386. Supreme court frees billions in assets

The Supreme Court unanimously overturns Laiki Bank's secured decrees, releasing billions in assets belonging to Andreas Vgenopoulos, Marfin Investments Group Holdings S.A, Efthimios Buloutas, and Kyriakos Cook....

387. The European Health Insurance Card (EHIC) is your passport to health

The European Health Insurance Card (EHIC) is a valuable resource for European citizens, providing access to essential healthcare services during temporary stays in 27 European Union (EU) countries. ...

388. SSM chief urges banks to be prudent amidst soaring profits

The Chairman of the Single Supervisory Mechanism (SSM), Andrea Enria, has emphasized that the gains from high interest rates for banks will eventually come to an end....

389. Mexican congressional hearing unveils extraterrestrial specimens

Mexican lawmakers heard testimony that "we are not alone" in the universe and saw the alleged remains of non-human beings in an extraordinary hearing marking the Latin American country's first congressional event on UFOs....

390. Extended ''Park & Ride'' hours for Nicosia commuters

The "Park & Ride" service will have extended operating hours starting next Monday, September 18. ...