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1231. The new investment game

Accelerating the transition to a green economy is a no-brainer. It is no coincidence that it accounts for 36.3% of the total budget of the Recovery and Sustainability Plan...

1232. Turkish lira resumes slide to 17.5 against the dollar

The Turkish lira continued its freefall after President Recep Tayyip Erdogan rejected warnings from businesses about the dangers of recent interest rate cuts and vowed there was “no going back” from his approach....

1233. Cyprus makes progress in fight against terrorist financing

Cyprus has continued to make progress in strengthening banking efforts to combat terrorist financing, according to the State Department's report on terrorism for 2020. ...

1234. More foreign banks come to Athens

Big global banks are planning to open branches in Athens next year, while other lenders are expanding their existing banking activity in Greece...

1235. Greenpeace: Greek gas hunt an ‘unbearable’ threat to whales

Greenpeace on Wednesday renewed calls against proposed deep-sea oil and gas exploration off southwest Greece, warning of “unbearable” consequences to endangered Mediterranean whales and dolphins....

1236. Parliamentary Committee report on state budget 2022 sees significant uncertainties due to pandemic

A report by the Parliamentary Committee of Financial and Budgetary Affairs on the State Budget for 2022 ahead of the plenary debate and vote this week, stresses the significant uncertainties affecting the projections upon which the budget is based....

1237. East Med is ‘not a Turkish sea,’ president of French Senate tells Kathimerini

The East Mediterranean is not a Turkish sea and interoperability between the French and Greek armed forces is a factor that brings stability to the region...

1238. The historic Athens Hilton will have a new name in 2024

The historic Hilton hotel in the center of Athens is changing its name. From 2024 it will be known as Conrad after the new agreement signed by the Hilton Group and the Ionian Hotel of the Konstantopoulos family....

1239. Historic Meeting between Israeli and Emirate leaders

Israeli Prime Minister Naftali Bennett met Monday in Abu Dhabi with UAE strongman Mohammed bin Zayed, a historic meeting that marks a "new reality" in the region....

1240. The licensing of block 5 to ExxonMobil and Qatar Energy is done

The Government of Cyprus and the joint venture ExxonMobil and Qatar Energy on Friday signed the Contract for Exploration and Proportional Allocation of Production and the Hydrocarbon Exploration License for block 5 in the Cyprus Exclusive Economic Zone (EEZ)....

1241. Cyprus to proceed with a tax reform in 2022

Cyprus will proceed with a tax reform next year, including the increase of corporate income tax and the introduction of green taxation with a view to achieving its environmental targets, Finance Minister Constantinos Petrides has said....

1242. End of an era: Merkel bows out after 16 years

Angela Merkel was assured of a place in the history books as soon as she became Germany’s first female chancellor on Nov. 22, 2005...

1243. USA: Fund manager to turn over $70 million in stolen antiquities

Billionaire hedge fund manager Michael Steinhardt has agreed to turn over $70 million worth of stolen antiquities and will be subject to an unprecedented lifetime ban on acquiring antiquities, the Manhattan district attorney announced Monday....

1244. K. Treppides & Co Ltd: Social Media and Investment Recommendations

It is commonly accepted that social media play a defining role in almost every aspect of our everyday life. ...

1245. Joint action to defend and promote Democracy

Across the globe, democracy and human rights are increasingly under siege. Far from being an issue isolated to the “developing” world, democracies new and old are combatting existential crises of creeping authoritarianism, rising inequality, and malign influence both domestically and from abroad. ...

1246. Nicosia's beautiful facelift

I will start with a prediction: The center of Nicosia will attract huge investments in real estate within the next five years....

1247. The technology sector can become the new mainstay of the Cypriot economy

These are some of the key conclusions that emerged from the findings of a survey conducted last October by IMR/University of Nicosia™ on behalf of the non-profit organisation TechIsland. ...

1248. The 30th Auction of Greek and Cypriot Artworks

1249. Debt sustainability in all Member States

ESM Managing Director Klaus Regling strongly believes that public debt is currently sustainable in all Member States of the monetary union. ...

1250. London Credit Fund Q3 2021 Results Exceed its 4 % pa target return

Consulco announced that during Q3 2021, London Credit Fund achieved a dividend of £11.55 in per unit of its Class A shares, $10.84 per unit for its Class C shares and €10.57 per unit for its Class E shares....

1251. Cyprus awaits Brussels decision on golden passports

The President’s Cabinet in the Republic of Cyprus has approved at least 390 golden passport applications despite European warnings after the program was scrapped last year, with Interior Minister Nicos Nouris saying he has already explained the logic to the European Commission but hasn’t heard back yet...

1252. Over 500 million euros from Cyprus by 2026

In a speech to world leaders today at COP26, President Anastasiades said that Cyprus seeks to strengthen regional cooperation through coordinated synergies and exchange of best practices...

1253. Greece becoming a hotspot for Hollywood films

Philip Fertis is involved in puppetry, but due to the pandemic, the demand for performances in schools and municipalities is low. ...

1254. Announcement of Appointment of Directors & Senior Managers in K. Treppides & Co Ltd

The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. ...

1255. The eternal unfinished buildings in our cities

Driving in some areas of Cyprus, we can see some skeletal buildings that "stand" there abandoned for many years and it makes us wonder why they were left there to rot....

1256. Cypriot banks to reduce costs

The President of the European Banking Authority speaks to "K"...

1257. Cyprus cabinet to revoke 45 passports in cash-for-citizenship scheme

Cyprus said on Friday it would revoke the passports of 45 people who obtained citizenship under a now discredited investment scheme that ran for more than a decade....

1258. Cypriot AG says some civil servants unfit for the job

Cyprus’ Auditor General Odysseas Michaelides ruffled some feathers this week when he told a House committee hearing that some leadership positions in the civil service were filled by people who were incompetent...

1259. Exness partners with Reflect Festival as key supporter

Limassol based multi-asset broker Exness, a continuous supporter of local and global events that promote technology and innovation, has announced its active support of the Reflect Festival, taking place on October 14, 15 & 16, in Limassol. The Reflect Festival is a future-focused event that puts Cyprus on the map of technology and innovation. ...

1260. Israeli forex boss in Limassol faces extradition

The lawyers of a foreign exchange company boss in Limassol, who has been arrested in Cyprus in connection with a multimillion takedown of illegal online investments in Germany, have asked for more time before their client appears for his extradition hearing...