https://knews.kathimerini.com.cy/en/business/herodotou-european-banking-system-in-good-health
Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou said on Wednesday that there’s concern that the banking problems with some European banks could evolve into something bigger....
https://knews.kathimerini.com.cy/en/news/finmin-stresses-importance-of-stable-legislation-for-out-of-court-auctions
The Finance Ministry has stressed the importance of having stable legislation regulating out-of-court auctions, in tandem with an effective insolvency framework in order to achieve a reduction of bad loans....
https://knews.kathimerini.com.cy/en/news/nicosia-vies-for-european-capital-of-culture-2030
Nicosia has been nominated for the European Capital of Culture 2030 title. The Nicosia For Art company has been tasked with preparing and submitting the application by the decision of the City Council. ...
https://knews.kathimerini.com.cy/en/news/ec-head-of-transport-will-resign-over-free-trips-to-qatar
The European Commission's top transport official is expected to resign after his decision to accept free air travel to Qatar while his team was negotiating a major aviation deal with the Gulf state....
https://knews.kathimerini.com.cy/en/business/generative-ai-could-automate-300mn-jobs
According to a report in the Financial Times, Goldman Sachs has found that "generative" AI systems such as ChatGPT could lead to the automation of a quarter of the work done in the US and eurozone....
https://knews.kathimerini.com.cy/en/news/turkish-flag-pulled-down-ahead-of-event-in-paphos
A Turkish flag hoisted in Paphos as part of an international cycling event was pulled down within minutes, stirring controversy within the city council and prompting the mayor himself to weigh in...
https://knews.kathimerini.com.cy/en/news/halloumi-s-twin-hellim-gets-pdo-in-the-north
A dairy in the north is the first Turkish Cypriot business found to be compliant with PDO requirements for halloumi, the cheese that grills, meaning ‘hellim’ can now compete with its Greek Cypriot twin in the EU market...
https://knews.kathimerini.com.cy/en/business/join-the-u-s-pavilion-at-defea-2023-explore-the-latest-defense-systems-from-top-american-companies
The Commercial Section of the American Embassy in Nicosia is organizing a delegation to visit the U.S. pavilion at the Defense Exhibition (DEFEA) at the Metropolitan Expo Center in Athens, Greece, on May 9 to 11, 2023....
https://knews.kathimerini.com.cy/en/news/nicosia-clarifies-position-on-turkey-s-bid-to-lead-imo
There will be no issue as regards the Republic of Cyprus' membership of the International Maritime Organization in the event that Turkey is elected as its Secretary-General, President Nikos Christodoulides said on Monday...
https://knews.kathimerini.com.cy/en/news/keravnos-urges-banks-to-restructure-loans-and-keep-rates-low
Cyprus Finance Minister Makis Keravnos has urged banks to restructure loans, maintain low lending rates and bank charges, and increase deposit rates in light of continued basic rate hikes by Central Banks. He warned that otherwise the government "would make different thoughts."...
https://knews.kathimerini.com.cy/en/news/nicosia-unenthusiastic-about-greco-turkish-un-bids
Nicosia says a new effort by Greece and Turkey to improve their relations is positive, but Greek Cypriot officials have been less excited about Athens and Ankara supporting each other’s bids in the United Nations...
https://knews.kathimerini.com.cy/en/news/how-communication-affects-safety
A workshop on communication and its impact on safety issues such as road collisions and industrial accidents was organized by the CERIDES Research Centre of the European University Cyprus in cooperation with the Cyprus Police....
https://knews.kathimerini.com.cy/en/news/asylum-applications-up-by-490-since-2016
Interior Minister Constantinos Ioannou told MPs on Thursday that the number of applications for international protection increased by 490% since 2016, pointing out the need to implement an EU action plan for the Eastern Mediterranean with a view to reducing migratory flows....
https://knews.kathimerini.com.cy/en/news/us-report-harsh-conditions-in-cyprus-prisons
The US State Department's Human Rights in Cyprus 2022 report highlights significant human rights issues in Cyprus. The report states that there were credible reports of harsh conditions in prisons and detention centers, particularly for asylum seekers....
https://knews.kathimerini.com.cy/en/business/marinas-of-the-future-with-antiquated-regulations
The need to modernize marina legislation was raised before the House Commerce Committee, with its chairman, Kyriakos Hatzigiannis, declaring his willingness to move forward with a legislative proposal....
https://knews.kathimerini.com.cy/en/news/bartholomew-says-russian-church-shares-blame-in-ukraine
The spiritual head of the world's Orthodox Christians said on Wednesday that Russia's powerful Orthodox Church shared responsibility for the conflict in Ukraine but that he stood ready to help in Russia's postwar 'spiritual regeneration'...
https://knews.kathimerini.com.cy/en/news/us-report-on-cyprus-notes-rise-of-antisemitism
A US report on Cyprus highlights significant human rights issues including reports of abuse and harsh conditions in detention centers for asylum seekers...
https://knews.kathimerini.com.cy/en/news/cocaine-use-in-cyprus-low-compared-to-european-average
Larnaca and Limassol have the highest use of methamphetamine in Cyprus, according to a study conducted by the European Monitoring Centre for Drugs and Drug Addiction....
https://knews.kathimerini.com.cy/en/news/sense-of-calm-prevails-in-the-aegean
The improvement of relations between Greece and Turkey and the sharp decrease in tensions is not only at the diplomatic level but also, and almost in tandem, with the operational situation on the ground...
https://knews.kathimerini.com.cy/en/news/cyprus-chips-in-as-eu-seeks-quick-ammo-for-ukraine
The Republic of Cyprus has joined other EU member states as the European Defence Agency sought ways to procure ammunition for Ukraine, but ammo from Nicosia to Kiev is not expected any time soon...
https://knews.kathimerini.com.cy/en/news/herodotus-to-banks-on-restructuring-interest-rates-and-transparency-in-charges
The Governor of the Central Bank, Constantinos Herodotou, emphasized to the Senior Executive Directors of licensed credit institutions the importance of the timely provision of viable restructurings, as well as the assessment of their data regarding the level of their deposit rates....
https://knews.kathimerini.com.cy/en/news/brussel-s-wager
The next three days will be a frenzy of diplomatic activity for Nicosia, as the European Council meets in Brussels on March 23-24. ...
https://knews.kathimerini.com.cy/en/business/michael-kyprianou-advocates-–-legal-consultants-announces-opening-of-office-in-tel-aviv
Cyprus’ leading law firm Michael Kyprianou & Co LLC announces the opening of a new international branch in Tel Aviv, Israel, further expanding the firm’s global reach....
https://knews.kathimerini.com.cy/en/news/unlikely-supporters-announce-mutual-support-for-international-body-bids
Following a meeting between Foreign Minister Nikos Dendias and his Turkish counterpart Mevlut Cavusoglu in Brussels, the two men announced that Ankara will vote for Greece’s candidacy in the elections for a non-permanent seat on the United Nations Security Council, while Athens will support Turkey for general-secretary of the International Maritime Organization...
https://knews.kathimerini.com.cy/en/news/nicosia-scolds-budapest-over-turkic-faux-pas
Cypriot newly-appointed Foreign Minister Constantinos Kombos warned his Hungarian counterpart this week that Nicosia would keep an eye on how Budapest carries forwards after a diplomatic faux pas involving a Turkish Cypriot delegation at a summit in Ankara...
https://knews.kathimerini.com.cy/en/news/travel-between-us-and-europe-increased-by-87-in-february-2023
The recent data released from the International Trade Administration (ITA) has revealed that international air travel to and from the United States and Europe saw an increase of 87.1 percent in February 2023,...
https://knews.kathimerini.com.cy/en/news/1-billion-euros-from-the-eu-for-turkey-s-reconstruction
Ursula von der Leyen, President of the European Commission, and Ulf Kristerson, Prime Minister of Sweden, who holds the EU Council presidency, are hosting a donors' conference in Brussels today to raise funds and coordinate aid to those affected by the earthquakes in Turkey and Syria....
https://knews.kathimerini.com.cy/en/news/cyprus-banking-system-ready-to-absorb-shocks
Tasos Yasemidis, an economist, spoke to "SPOR FM 95.0" and the "DIASPORA NEWS" show about the deal for the acquisition of Swiss bank Credit Suisse by UBS and how it affects the banking sector in Cyprus, ...
https://knews.kathimerini.com.cy/en/news/cyprus-scraps-online-migration-appointments-after-scandal
Immigration authorities in the Republic of Cyprus scrapped an online appointment platform on Monday after allegations were made public about agents selling available slots to foreigners for profit and causing months of waiting for those who did not shell out the cash...
https://knews.kathimerini.com.cy/en/news/icc-issues-arrest-warrant-for-putin
The International Criminal Court has issued an arrest warrant for Russian President Vladimir Putin over war crimes charges relating to his alleged involvement in the abduction of children from Ukraine....
