https://knews.kathimerini.com.cy/en/business/ecb-raises-interest-rates-by-0-5
Christine Lagarde warned markets not to expect an early end to rate rises next year, on a day when the European Central Bank and the Bank of England lifted borrowing costs to their highest levels in 14 years....
https://knews.kathimerini.com.cy/en/news/cyprus-to-extend-ftx-eu-license-suspension
Cyprus’ securities regulator plans to extend the suspension of the license of FTX EU and will meet to discuss the matter next week, a spokesperson said on Tuesday...
https://knews.kathimerini.com.cy/en/news/us-at-the-ready-to-lend-support-to-cyprus
Should disaster strike once again, the United States stands ready to lend its support, resources, and expertise to the Republic of Cyprus, US Ambassador Judith Garber assured, pointing out at the same time, that Americans have benefitted directly from the heroism and efficiency of the Civil Defense team in the past....
https://knews.kathimerini.com.cy/en/business/consulco-launches-its-direct-real-estate-investment-services
Consulco, the London investment specialist has launched its direct real estate investment services assisting overseas investors to acquire and manage residential properties in central London. ...
https://knews.kathimerini.com.cy/en/news/shipping-tycoon-wants-to-transfer-biz-to-cyprus
A Norwegian-born Cypriot billionaire wants to move his shipping company to Cyprus to reap benefits, including an EU-approved tonnage tax regime available only to tax residents of the island, which is scrambling to keep its industry afloat amid sanctions against Russia...
https://knews.kathimerini.com.cy/en/news/risk-of-power-cuts-next-week
Due to a disagreement between the management of EAC and its employees, the nightmare of a power outage next week will return in December....
https://knews.kathimerini.com.cy/en/news/divided-cyprus-leaders-meet-as-un-not-giving-up
Cyprus President Nicos Anastasiades and Turkish Cypriot leader Ersin Tatar met on Wednesday evening in the framework of an end of year reception which the UN in Cyprus hosted at Ledra Palace, in the Nicosia buffer zone...
https://knews.kathimerini.com.cy/en/business/tying-up-loose-ends-at-hellenic
Hellenic Bank experienced several changes in 2022, as it closed outstanding issues while also opening new chapters. Hellenic Bank made changes to its top management, staff, shareholding composition, and labor issues in the fourth quarter of 2022, ...
https://knews.kathimerini.com.cy/en/news/cyprus-scores-funds-for-euromed-tech-hub
The creation of the Euromed Tech Hub in Cyprus was unanimously decided last week by the Board of Directors of ANIMA Investment Network, a press release by Invest Cyprus says...
https://knews.kathimerini.com.cy/en/news/rogue-driver-in-cyprus-arrested-for-‘breaking-down-barriers
A Greek Cypriot man who gave new meaning to the phrase 'breaking down barriers' has been arrested by Turkish Cypriot police, after he failed to comply with officers on both sides of the divided island and drove through a barricade in the north...
https://knews.kathimerini.com.cy/en/news/paphos-to-become-a-smart-city-after-launch-of-digital-projects
Six smart and digital city projects implemented by the Municipality of Paphos were inaugurated on Thursday by Deputy Minister of Research, Innovation and Digital Policy Kyriakos Kokkinos....
https://knews.kathimerini.com.cy/en/business/ftx-style-crypto-crash-won-t-happen-in-europe
The cryptocurrency world is reeling after the collapse of crypto exchange FTX — but EU policymakers are patting themselves on the back....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-soon-to-be-under-the-control-of-eurobank
Eurobank is gaining control of Hellenic Bank after purchasing Wargaming's 13.4% stake. With the addition of the 12.6% it held from the purchase of all shares in Third Point Hellenic Recovery Fund in the summer of 2021, it now stands at 26%....
https://knews.kathimerini.com.cy/en/business/home-grown-cypriot-company-acquired-by-uk-entertainment-firm
Born out of their passion for theater, 'Stagedoor' was founded in 2014 by Yiannis Gavrielides (Invelopment Partners, Covve) and Paris Erotokritou (Fresh Target Theatre), along with Michael Hadjijoseph (Stagedoor CEO) and Alex Cican (Stagedoor CPO) who contributed their expertise in technology and product management. ...
https://knews.kathimerini.com.cy/en/news/cyprus-helps-uncover-vat-carousel-fraud
Cypriot authorities swung into action after an investigation of fraudulent activity in Portugal was expanded through the European Public Prosecutor’s Office, with several companies on the island reportedly linked to a scheme that cost Lisbon tens of millions in tax revenue...
https://knews.kathimerini.com.cy/en/news/candidates-continue-their-quest-for-votes-as-elections-draw-near
The pre-election campaign of the candidates for February's 2023 Presidential elections continued over the weekend with meetings and contacts in cities and communities on the island and abroad....
https://knews.kathimerini.com.cy/en/news/prisons-are-the-headquarters-of-organized-crime
The measures taken by the Central Prison Management are neither sufficient nor effective and results in an uncontrolled and extremely dangerous situation that poses risks to the safety and lives of people inside and outside the Prison, ...
https://knews.kathimerini.com.cy/en/news/procedures-criminal-offender-profiles-and-the-law-governing-child-abuse
The recent news has been overshadowed by new complaints from schoolgirls in Cyprus alleging that their headmaster has harassed them sexually, while in Greece the Aeolus box is opening due to revelations about the "Ark of the World" foundation....
https://knews.kathimerini.com.cy/en/news/apple-supplier-apologizes-offers-$1400-payout-to-quell-protests
Apple’s manufacturing partner Foxconn has offered payouts of Rmb10,000 ($1,400) to newly recruited staff who elect to leave the iPhone factory and vowed to honour pay agreements, in an attempt to quell unrest after workers violently clashed with police....
https://knews.kathimerini.com.cy/en/news/14-billion-euros of-loans-on-ice-due-to-the-suspension-of-foreclosure-sales
In Cyprus, credit purchasing companies manage over 80,000 loans totaling €20 billion....
https://knews.kathimerini.com.cy/en/news/homelessness-on-the-streets-of-the-capital-photos
Citizens in the heart of the capital are faced with a depressing sight. The image of two homeless people, a father and son, whose story is well known among the locals, sleeping on the streets of Makarios Ave....
https://knews.kathimerini.com.cy/en/business/european-institute-of-management-and-finance-establishes-the-centre-of-good-governance
Considering the need to tackle weak and precarious governance structures evident in both private and public entities, the European Institute of Management and Finance (EIMF) has established the Centre for Good Governance (CGG) in an effort to enhance governance at all levels and in all fields. ...
https://knews.kathimerini.com.cy/en/news/the-consequences-of-continuing-foreclosure-suspensions
Lambros Papadopoulos, President of the state-owned asset management company, KEDIPES, warned on Tuesday that the continued suspension of foreclosures will negatively affect the company’s revenue from non-performing loans (NPLs) management resulting in a reduced repayment of state aid....
https://knews.kathimerini.com.cy/en/news/civil-protection-s-role-in-disaster-management-at-the-nicosia-risk-forum-2022
The role of civil protection and international solidarity in disaster management as a result of climate change is being discussed at the two-day Nicosia Risk Forum 2022 (#NRF2022) on Civil Protection, which began today in Larnaca and is organized by the CERIDES Foundation of the European University Cyprus....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-awarded-project-of-holistic-management-of-cyta-s-sustainable-development
EY Cyprus has been awarded by Cyta the project of the Holistic Management of the company’s Sustainable Development. ...
https://knews.kathimerini.com.cy/en/news/the-first-mountain-agriculture-of-troodos-products-have-hit-the-market
Another innovative project led by the Cyprus Institute is taking shape, with the introduction of the first fruits and vegetables bearing the quality label "Mountain Agriculture Troodos" to the market....
https://knews.kathimerini.com.cy/en/news/the-future-of-civil-protection-in-the-mediterranean
The Nicosia Risk Forum 2022, which begins on Tuesday at the Radisson Blu Hotel in Larnaca, strives to be a game changer in Mediterranean civil protection....
https://knews.kathimerini.com.cy/en/business/400-500-hellenic-employees-to-be-made-redundant
On Monday, November 24th, 400–500 voluntary employees will depart Hellenic Launches; this will be the final shift provided by the bank....
https://knews.kathimerini.com.cy/en/news/finance-minister-calls-for-the-repeal-of-foreclosure-suspension
The Ministry of Finance proposes delaying the law on divestiture suspension.
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https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-effective-management-of-the-migration-issue
Migration flows to Europe from Africa and Asia are becoming increasingly influenced by geopolitical realities and socioeconomic developments....
