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/lawmakers-discuss-special-energy-plans-for-refugees-and-large-families
Lawmakers in Cyprus are urging relevant agencies to create two special plans for the installation of photovoltaics, energy-saving, and subsidizing electric mobility for refugees and large families....
https://knews.kathimerini.com.cy/en/news/1450-contact-centre-a-new-era-of-citizen-services
The 1450 Communication Centre will be operational on Thursday, March 30, 2023, as part of the State's larger effort to modernize and improve the quality of service that the State provides to its citizens....
https://knews.kathimerini.com.cy/en/news/mfa-korneliou-leaves-kouros-enters
Kornelios Korneliou, the director general of the Foreign Ministry, will step down on Monday and be succeeded by the head of the President's Diplomatic Office, Kyriakos Kouros....
https://knews.kathimerini.com.cy/en/news/sustainability-is-the-name-of-the-game
The Deputy Ministry of Tourism in Cyprus has announced plans to create a new tourism strategy with a horizon of 2035. ...
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/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/ministers-band-together-to-improve-cyprus-ports
Ministers responsible for Transport, Shipping and Tourism visited on Thursday the new DP World Limassol passenger terminal to express their determination to work together to resolve any problems and improve services....
https://knews.kathimerini.com.cy/en/comment/opinion/banks-and-artificial-intelligence
Artificial intelligence is a technology that is based on a machine's ability to perform procedures and make decisions based on data analysis and learning....
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/comment/opinion/structural-integrity-certificates-should-be-made-mandatory
The recent earthquakes in neighboring countries, as well as the aftershocks, felt in Cyprus, have brought to the forefront what we have been saying for years: the need to check the suitability of all our buildings on a regular basis....
https://knews.kathimerini.com.cy/en/news/job-vacancies-declined-by-18-9-to-a-total-of-7-821
The number of job vacancies in the 4th quarter of 2022 decreased by 1,822 (-18.9%) compared to the same quarter of the previous year when the number was 9,643....
https://knews.kathimerini.com.cy/en/news/1-300-loan-applications-submitted-for-oikia-scheme
Applications for 1,318 potentially eligible loans involving a total amount of €131.1 million were submitted under the Oikia scheme, which is a loan management plan with government funds granted under Government Housing Plans....
https://knews.kathimerini.com.cy/en/news/credit-suisse-borrows-more-than-$50-billion-from-swiss-national-bank
Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....
https://knews.kathimerini.com.cy/en/news/deportation-scheme-agreed-upon-by-eu-interior-ministers-in-secret
A report published by Statewatch and Heinrich Böll Stiftung has revealed that the European interior ministers signed a secret joint statement last year that committed EU/Schengen Area countries to increase financial as well as material support for deportations from the Balkans....
https://knews.kathimerini.com.cy/en/news/meta-lays-off-another-10-000-workers
Meta, the parent company of social media giant Facebook, has announced it will cut another 10,000 jobs as part of a company-wide restructuring effort....
https://knews.kathimerini.com.cy/en/news/eu-parliament-votes-to-reduce-member-states-emissions-by-40
Today, the European Parliament adopted the revision of the Effort Sharing Regulation with 486 votes in favor, 132 against, and 10 abstentions. ...
https://knews.kathimerini.com.cy/en/news/banks-around-the-world-feel-force-of-svb-fallout
U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the collapses of Silicon Valley Bank and Signature Bank forced regulators to step in with emergency measures....
https://knews.kathimerini.com.cy/en/news/finance-minister-calls-on-banks-to-delay-foreclosures
The Finance Ministry is considering possible actions to tackle non-performing loans and is examining a set of measures aiming to address the issue, ...
https://knews.kathimerini.com.cy/en/news/free-flights-for-students-traveling-from-athens-to-thessaloniki
SKY Express is offering free flights to students traveling between Athens and Thessaloniki....
https://knews.kathimerini.com.cy/en/news/mr-ioannou-in-terms-of-migration-cyprus-has-reached-its-limit
The first day of the Council of Ministers of Justice and Home Affairs meeting, which was attended by Mr. Constantinos Ioannou, Minister of Interior, has concluded, during which the Ministers of the 27 Member States had the opportunity to exchange views on the external dimension of migration as well as the internal management of migration flows....
https://knews.kathimerini.com.cy/en/news/foreclosure-sales-to-restart-after-parliamentary-vote
The House of Representatives voted 22 to 18 against a proposal for a new three-month suspension of foreclosure sales, which had been tabled in the form of an emergency bill....
https://knews.kathimerini.com.cy/en/business/investigation-into-understaffing in-the-tourism-industry-is-imminent
The start of the summer travel season is anticipated to occur around the end of March or the beginning of April, along with the reopening of hotel facilities that were closed during the winter....
https://knews.kathimerini.com.cy/en/news/consumers-cutting-back-on-non-essential-items-as-cost-of-living-rises
As the cost of living crisis continues to rise globally, consumers have drastically adjusted their spending behaviors, with the majority (53%) of global consumers “holding back” on non-essential spending. ...
https://knews.kathimerini.com.cy/en/business/ey-cyprus-a-gold-sponsor-at-the-6th-annual-capital-link-cyprus-shipping-forum
EY Cyprus was, once again, a gold sponsor of the 6th Annual Capital Link Cyprus Shipping Forum, which was held at the Columbia Plaza, in Limassol, on Tuesday, March 7th 2023....
https://knews.kathimerini.com.cy/en/news/ferry-will-service-larnaca-as-well-as-limassol-to-piraeus
The Daleela ship will begin sailing from Larnaca to Piraeus in August, connecting Cyprus and Greece by sea. ...
https://knews.kathimerini.com.cy/en/news/girls-and-women-make-up-majority-of-domestic-violence-victims
The majority (75%) of victims of family violence, intimate partner violence and abuse of minors in Cyprus are girls and women, based on statistics by the Police Headquarters' Directorate for Vulnerable Persons Affairs....
https://knews.kathimerini.com.cy/en/news/rail-safety-warnings-fell-on-deaf-ears-since-2014
The European Railway Agency (ERA) has been warning successive governments in Greece, as well as the European Commission, since at least 2014 about safety gaps in the Greek railway system, according to ERA head Josef Doppelbauer, speaking to Kathimerini in the wake of last week’s deadly collision at Tempe....
https://knews.kathimerini.com.cy/en/news/hate-speech-rampant-in-cyprus-despite-progress
Hate speech affecting several groups remains widespread in the Cypriot public discourse, the European Commission against Racism and Intolerance (ECRI) said on Tuesday in a report on Cyprus. ...
https://knews.kathimerini.com.cy/en/news/airlines-and-iata-to-take-legal-action-for-flight-reductions-at-schiphol
The government of the Netherlands may be facing legal action related to their recent decision to reduce the number of annual flights at Amsterdam’s Schiphol Airport to 460,000 from November 2023, which is eight percent lower than the current flight cap....
