https://knews.kathimerini.com.cy/en/business/ec-approves-€6-13-million-cypriot-incentive-scheme-for-airlines-affected-by-pandemic
The European Commission has approved a €6.13 million Cypriot incentive scheme geared to support airlines affected by the coronavirus pandemic, having found it to be in line with the Temporary State Aid Framework of the EU....
https://knews.kathimerini.com.cy/en/news/larnaca-port-and-marina-will-upgrade-the-cypriot-economy-says-minister-of-transport
Minister of Transport, Communications and Works, Yiannis Karousos, said on Friday that the project of Larnaca port and marina will significantly reinforce the Cypriot economy, with the benefit estimated at 120 million euros per year....
https://knews.kathimerini.com.cy/en/news/op-ed-putin-will-not-invade-because-he-doesn-t-want-a-second-afghanistan
Many analysts have suggested that the chaotic US withdrawal from Afghanistan emboldened Russian President Vladimir Putin to move toward Ukraine, exploiting the perceived weakness of the West. But Leon Aron, senior fellow at the American Enterprise Institute in Washington, reminds us that Russians were also trapped in Afghanistan in 1978-89.
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https://knews.kathimerini.com.cy/en/news/migrant-arrivals-in-cyprus-increased-in-january-2022
Frontex publishes report as Justice Minister and Frontex Executive Director discuss border security and migration on Wednesday...
https://knews.kathimerini.com.cy/en/news/cyprus-bets-on-trust-amid-turkey-israel-flirt
Cypriot Foreign Minister Ioannis Kasoulides says Nicosia is confident it won’t be sidelined as Israeli President Isaac Herzog prepares for a historic trip to Ankara but not before popping in for a visit to Cyprus as trust in the region is put to the test by all key players...
https://knews.kathimerini.com.cy/en/news/fm-responds-to-turkish-escalations-over-status-of-greek-islands
Greek Foreign Minister Nikos Dendias responded on Wednesday to recent statements made by Turkish officials, including President Recep Tayyip Erdogan, on the status of the Greek islands that have escalated tensions in the Aegean....
https://knews.kathimerini.com.cy/en/news/1-meta-agrees-$90-mn-settlement-in-facebook-privacy-suit
Facebook-parent Meta has agreed to pay $90 million to settle a 10-year-old lawsuit accusing it of tracking users online even after they logged off the social network, court records show....
https://knews.kathimerini.com.cy/en/news/cyprus-and-france-wrap-up-air-defense-exercises-video
Cyprus' National Guard and the French Armed Forces successfully completed the Air Defense exercise "TALOS 2022" on Monday....
https://knews.kathimerini.com.cy/en/news/cyprus-and-usa-sign-science-and-technology-cooperation-agreement
Deputy Minister of Research, Innovation and Digital Policy Kyriacos Kokkinos and US Ambassador to Cyprus Judith Garber signed on Friday a Cooperation Agreement on Science and Technology between Cyprus and the United States, on the occasion of the International Women and Girls in Science Day....
https://knews.kathimerini.com.cy/en/news/op-ed-russia-may-annex-one-third-of-ukraine
He knows Russia and Ukraine pretty well as he served as US ambassador to NATO in 2008-09 and US representative for Ukraine negotiations in 2017-19. ...
https://knews.kathimerini.com.cy/en/news/turkish-opposition-leader-refuses-to-pay-power-bill-in-protest
Turkey’s main opposition leader said he will not pay his power bills until Tayyip Erdogan withdraws recent price hikes, and the president’s ruling party slammed the move on Thursday as a provocation amid growing discontent over surging inflation....
https://knews.kathimerini.com.cy/en/news/housing-projects-to-be-funded-from-casino-revenue
CLDC plans to build more than 800 housing units in the coming years, which will be allocated either through the affordable housing plan or through the new affordable rent plan for economically vulnerable households....
https://knews.kathimerini.com.cy/en/news/peo-concerned-about-increase-in-fuel-and-basic-consumer-products
The Pancyprian Federation of Labor (PEO) has expressed its concern about the continuous upward trend in fuel prices, which, as it notes, "will add to the cost of basic consumer products"....
https://knews.kathimerini.com.cy/en/business/credit-suisse-faces-money-laundering-charges-in-bulgarian-cocaine-traffickers-trial
Credit Suisse faced charges in a Swiss court on Monday for allowing an alleged Bulgarian cocaine trafficking gang to launder millions of euros, some of it stuffed into suitcases....
https://knews.kathimerini.com.cy/en/news/op-ed-the-charismatic-leadership-of-archbishop-makarios
On August 3, 1977, Hellenism was struck by a tragedy of unspeakable magnitude: the president of the Republic of Cyprus, Archbishop Makarios III, passed away of a heart attack....
https://knews.kathimerini.com.cy/en/business/meeting-between-cysec-and-association-of-cyprus-electronic-money-payments-institutions
The discussion was held in an environment of cooperation and the two parties noted their intention to work closely together for matters of common interest....
https://knews.kathimerini.com.cy/en/news/op-ed-the-two-trends-for-working-time
In the discussion about the time we dedicate to our work, a turn of 180 degrees has taken place and this is mainly due to the pandemic....
https://knews.kathimerini.com.cy/en/news/greek-cypriots-in-last-ditch-effort-to-save-ghost-town
The foreign minister of the Republic of Cyprus says a proposal to lift international embargos on Ercan airport in the north is “the only way to save Varosha” for Greek Cypriots, but it may be too little too late for the seasoned diplomat as Turkish Cypriots say the ghost town is now off the table...
https://knews.kathimerini.com.cy/en/news/austria-passes-covid-vaccine-mandate
Austria has become the first country in the EU to make vaccinations against Covid-19 mandatory for all adults, but questions remain over whether it can sway those skeptical of taking the jab and how much the Alpine state’s government is willing to press those who won’t comply....
https://knews.kathimerini.com.cy/en/business/interest-rates-on-corporate-deposits-are-at-a-new-low
Interest rates for corporate deposits fell to a new historical low, which in December 2021 stood at 0.02%, while the interest rate for household deposits remained unchanged at 0.06%....
https://knews.kathimerini.com.cy/en/news/cyprus-keeps-hopes-up-as-wonder-bids-farewell
Wonder of the Seas, the world’s largest cruise ship left Limassol on Thursday at 4:30pm after a short visit to pick up crew and renew the company’s commitment to Cyprus at a particularly tough time for both the industry and the island looking to rebrand itself...
https://knews.kathimerini.com.cy/en/news/mayor-says-cypriots-let-down-in-spy-van-case
Paphos Mayor Phedonas Phedonos says the Cypriot state let citizens down in the spy van case, suggesting it was settled with a fine and not a court trial to keep things hushed up...
https://knews.kathimerini.com.cy/en/news/state-department-scolds-ankara-over-‘involvement-in-recent-conflicts-s-400-purchase
The US State Department has reiterated its strong objection to Turkey’s acquisition of the Russian S-400 missile defense system and rapped Ankara for its “involvement in some recent conflicts.”...
https://knews.kathimerini.com.cy/en/news/moscow-has-no-plans-to-invade-ukraine
Moscow has no plans to invade Ukraine, said Stanislav Osadchiy, the Ambassador of the Russian Federation to Cyprus, adding that Russian troops are on Russian territory and “pose no threat.”...
https://knews.kathimerini.com.cy/en/business/imf-forecasts-for-global-recovery-reduced-to-4-4-for-2022
"The world economy is entering 2022 weaker than previously expected," the International Monetary Fund said in a statement on economic forecasts for the new year. Pandemic, inflation and climate crisis will determine global growth, according to a report by the International Monetary Fund (IMF)....
https://knews.kathimerini.com.cy/en/news/greek-cypriots-see-trojan-horse-in-ghost-town
Greek Cypriot officials in the south are calling once again on Varosha title deed holders to stay away from a “legal trap” in the north, pointing to Ottoman religious foundations officially acknowledged as interested parties by a commission that examines property claims in the divided island’s ghost town...
https://knews.kathimerini.com.cy/en/news/ukraine-crisis-biden-warns-russia-may-invade-next-month
US President Joe Biden has warned there is a "distinct possibility" Russia might invade Ukraine next month, the White House says....
https://knews.kathimerini.com.cy/en/news/subsidy-schemes-to-make-cyprus-one-of-the-top-30-tourism-destinations
The Deputy Ministry of Tourism on Friday presented 12 subsidy schemes aimed at making Cyprus one of the 30 countries with the most developed tourism in the world by helping local authorities, organizations and companies to improve their services and attract more visitors....
https://knews.kathimerini.com.cy/en/business/can-banking-institutions-unilaterally-impose-new-policies-on-clients-with-housing-loan-agreements
I have recently been dealing with a case where a banking institution in Cyprus has requested from the client to either repay his housing loan earlier or transfer his loan to another bank. ...
https://knews.kathimerini.com.cy/en/business/passenger-ferries-to-greece-expected-to-begin-in-april-or-may-2022
The passenger maritime link between Cyprus and Greece is expected to take shape in the coming months as a number of operators have submitted a tender through the e-Procurement System of the Treasury of the Republic of Cyprus, the Shipping Deputy Ministry announced....
