https://knews.kathimerini.com.cy/en/news/three-international-firms-to-perform-due-diligence-checks-for-people-granted-citizenship-before-2018
Cyprus Interior Minister Constantinos Petrides has told the Cyprus News Agency (CNA) that the Interior Ministry will proceed, in cooperation with three international specialized firms, to due diligence checks for the cases of people granted Cypriot citizenship before 2018, when stricter checks entered into force....
https://knews.kathimerini.com.cy/en/business/anti-money-laundering-and-terrorist-financing-preventing-framework-legislation-gaps
Over the last years, the EU has developed a solid regulatory framework for preventing money laundering and terrorist financing. However, these rules are not always able to capture the growing technological developments and potential gaps that can be exploited by criminals...
https://knews.kathimerini.com.cy/en/news/greek-golden-visa-system-in-a-bind
Greece’s Golden Visa program, offering five-year residence permits to non-European Union citizens who invest at least 250,000 euros in local property, appears to have become a victim of its own success...
https://knews.kathimerini.com.cy/en/business/financial-services-towards-artificial-intelligence-and-machine-learning
Artificial Intelligence in general and machine learning in particular, is not a new concept, but it is only in recent years that financial services firms have started to learn about and understand its full potential...
https://knews.kathimerini.com.cy/en/comment/opinion/attracting-investments-relations-with-turkey-a-new-chapter
On a diplomatic level, the main event was Mitsotakis’ meeting with Turkish President Recep Tayyip Erdogan. The two leaders discussed all the major issues. Aside from the chronic Cyprus dispute, where the situation has become even more complicated following the discovery of gas deposits, one of the most pressing issues at the moment is migration.
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https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-time-value-of-money
What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...
https://knews.kathimerini.com.cy/en/news/trump-impeachment-inquiry-begins
Democrats in the U.S. House of Representatives on Tuesday launched a formal impeachment inquiry into President Donald Trump, accusing him of seeking foreign help to smear Democratic rival Joe Biden ahead of next year’s election...
https://knews.kathimerini.com.cy/en/comment/opinion/mitsotakis-in-new-york-–-opportunities-substance-results
This week will see the first appearance of Prime Minister Kyriakos Mitsotakis at the United Nations General Assembly. He will make the customary speech before the plenary and be received by the UN secretary-general. However, the substance will be in the meetings that are to take place on the sidelines of the proceedings.
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https://knews.kathimerini.com.cy/en/business/greek-corporations-rush-to-issue-bonds-amid-record-low-yields
The easing of Greek state bond yields to record lows has opened the way to international markets for major Greek corporations too, as they can now take the opportunity to reduce their cost of borrowing.
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https://knews.kathimerini.com.cy/en/comment/opinion/the-next-six-months-are-crucial
Since July’s general election, there has been a sense of optimism regarding the country’s course, especially in business circles, inside and outside of Greece. As we learn in the first lessons in economics, climate is everything. At the moment, we have a winning combination of trust and euphoria...
https://knews.kathimerini.com.cy/en/news/oil-surges-after-attack-on-saudi-oil-facilities
Oil prices surged on Monday, with Brent crude posting its biggest intra-day percentage gain since the Gulf War in 1991, after an attack on Saudi Arabian oil facilities on Saturday shut over 5% of global supply.
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https://knews.kathimerini.com.cy/en/news/more-us-energy-companies-to-operate-in-cyprus-us-ambassador-says
US Ambassador to Cyprus Judith Garber expressed on Wednesday evening her conviction that more US energy companies will operate in Cyprus, joining ExxonMobil and Noble Energy. She was addressing a business dinner of the American Chamber of Commerce in Cyprus, in Nicosia, in the presence of Foreign Minister Nikos Christodoulides...
https://knews.kathimerini.com.cy/en/news/macron-sends-stern-warning-to-ankara
In a show of solidarity with Cyprus, French President Emmanuel Macron sent a stern message to Turkey on Thursday that Paris and the European Union will not tolerate violations in the Eastern Mediterranean...
https://knews.kathimerini.com.cy/en/business/moody-s-expects-deleveraging-to-resume-but-warns-over-small-economy-and-high-level-of-debt
The credit profile of Cyprus reflects its small but wealthy economy, improved economic resilience and the government`s fiscal outperformance in the wake of the country`s banking crisis, Moody's Investors Service has said in an annual report.
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https://knews.kathimerini.com.cy/en/news/trump-hits-china-with-more-tariffs-sharply-escalating-trade-dispute
U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets.
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https://knews.kathimerini.com.cy/en/news/finance-committee-seeks-compromise-on-foreclosures
The House of Representatives Finance Committee meets on Friday to discuss proposals that would normalize the legislative framework on foreclosures...
https://knews.kathimerini.com.cy/en/news/s-p-affirms-bank-of-cyprus-ratings
Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...
https://knews.kathimerini.com.cy/en/news/ecb-warns-of-significant-negative-impact
The European Central Bank (ECB) has warned of “significant negative impact” to the Cypriot banking system in case a new law amending the legal on foreclosures is implemented.
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https://knews.kathimerini.com.cy/en/news/dombrovskis-the-eu-leads-the-world-in-the-battle-against-climate-change
This year, millions of young people across the world joined an international movement for climate change. They demanded action instead of mere talk, marching to fix the planet before it is too late.
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https://knews.kathimerini.com.cy/en/news/moody-s-calls-for-reform-implementation-to-boost-greek-growth
Greece’s credit profile is constrained by the country’s elevated debt burden, moderate growth prospects and weak banking system, Moody's Investors Service said in an annual report Thursday, adding that the new government’s implementation of reforms agreed with lenders would bolster growth....
https://knews.kathimerini.com.cy/en/news/stepping-into-power-johnson-seeks-more-diverse-cabinet
Taking over as prime minister on Wednesday, Boris Johnson is expected to unveil a more diverse top team in a government to be tasked with delivering Brexit by the end of October, with or without a deal.
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https://knews.kathimerini.com.cy/en/comment/opinion/the-‘public-interest
Greece can really take off. The economy has already reached its lowest point and is now poised for a spectacular rebound. The country’s human capital is unlimited in all sectors and for the first time in a long time we have a government that understands the notion of entrepreneurship and wants to move dynamically in the field of investments.
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https://knews.kathimerini.com.cy/en/news/moodys-warns-foreclosure-laws-increase-risk-for-banks
Cyprus’ new foreclosure framework hampers banks efforts to reduce NPLs said credit rating agency Moody's in an announcement on Thursday....
https://knews.kathimerini.com.cy/en/business/ey-renewable-energy-is-taking-strides-towards-a-subsidy-free-era
The renewable energy sector is entering a new phase of subsidy-free growth across the world, according to the 53rd EY Renewable Energy Country Attractiveness Index (RECAI). Mainland China and the US remain at first and second positions respectively on the top 40 ranking, while France moves up two positions to third from fifth, led by a new focus on floating offshore wind capacity and doubling of its annual targets for onshore wind capacity additions...
https://knews.kathimerini.com.cy/en/news/first-parts-of-russian-s-400-system-delivered-to-turkey
Turkey’s purchase of the Russian defense systems, which Washington says are not compatible with NATO’s defense network, is one of a series of issues which have put the allies at odds.
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https://knews.kathimerini.com.cy/en/business/cyprus-aims-to-be-among-the-first-to-regulate-blockchain-technology
Distributed Ledger Technology (DLT) and more specifically, Blockchain, can offer endless possibilities in many different fields, according to speakers addressing the Cyprus Blockchain Summit, on Wednesday, in Nicosia. Finance Minister Harris Georgiades said that Cyprus aim to be among the first countries to regulate aspects of DLT. The creation of the regulatory framework should be flexible, so that it will promote innovation and provide legal certainty and protection for both consumers and investors, House President Demetris Syllouris noted from his part...
https://knews.kathimerini.com.cy/en/news/cypriots-get-glimpse-of-city-of-dreams
The Cyprus Casinos "C2" are celebrating their first anniversary in Cyprus and the company chose to look ahead with images and video of the City of Dreams Mediterranean Integrated Casino Resort (ICR), scheduled to open in Limassol in late 2021...
https://knews.kathimerini.com.cy/en/comment/opinion/the-liberal-narrative-and-the-risks
https://knews.kathimerini.com.cy/en/comment/opinion/what-s-with-all-the-horrifying-details
The most shocking aspect was not so much the discovery of the little girl’s body as it was actually the way we take part and become a part one way or another in this sensationalism of human pain...
https://knews.kathimerini.com.cy/en/business/facebook-to-launch-cryptocurrency-called-libra