https://knews.kathimerini.com.cy/en/business/esm-warns-cypriot-banks-of-quick-fixes
The European Stability Mechanism warns Cyprus that despite a recent decline in non-performing loans (NPL), the banking sector remains vulnerable due to weak profitability and a still high NPL ratio...
https://knews.kathimerini.com.cy/en/news/fake-news-and-quality-journalism-under-scrutiny
Fake news, a term used almost daily and a byproduct of the rapid spread of social media networks, will be one of the main topics in the first digital policy conference on “Cyprus in the Digital Agenda” on Thursday in Nicosia...
https://knews.kathimerini.com.cy/en/news/conference-on-funds-cryptocurrencies-a-success
A half day Conference with the subject of “Funds & Cryptocurrencies: The Development and the Technology” was successfully completed for a second consecutive year, on the 14th of June 2018 at the Four Seasons Hotel in Limassol...
https://knews.kathimerini.com.cy/en/news/may-tourists-up-7-6-despite-russian-drop
Tourist arrivals went up by 7.6% last month, lending credence to earlier predictions that industry numbers were on a good path despite a disappointing Russian exit...
https://knews.kathimerini.com.cy/en/news/biker-dies-in-strovolos-road-collision
A biker from Lakatamia lost his life Sunday in a deadly collision in Strovolos, after his motorbike slammed into a car in front of him...
https://knews.kathimerini.com.cy/en/business/funds-cryptocurrencies-the-development-and-the-technology
For the second consecutive year, the Cyprus Chamber of Commerce and Industry, Cyprus-Russian Business Association and K. Treppides & Co Ltd are organizing a half day conference on the 14th of June 2018 at Four Seasons Hotel in Limassol, in an attempt to inform the investors and the Global Market about the Cyprus Fund’s market and the relationship that the Funds in Cyprus can have with the technology...
https://knews.kathimerini.com.cy/en/business/out-of-towner-supermarket-enters-nicosia-competition
Papantoniou Supermarkets is getting ready to set up shop in the middle of a tough competitive market in western Nicosia, where other giants also stake a claim, but there are still some permit hurdles for the out-of-town family...
https://knews.kathimerini.com.cy/en/business/treppides-annual-event-in-moscow
K. Treppides & Co Limited is delighted to announce its annual event in Moscow taking place on the 6th of June 2018...
https://knews.kathimerini.com.cy/en/news/cto-sees-tourism-potential-despite-russian-defect
The Cyprus Tourism Organisation says tourist arrivals are expected to rise in 2018 despite a drop in Russian visitors to the island, while the government is moving forward with new plans for tourism on the island...
https://knews.kathimerini.com.cy/en/news/ireland-votes-in-once-in-a-generation-abortion-referendum
Ireland began voting on Friday in an abortion referendum that could be a milestone on a path of change in a country that, only two decades ago, was one of Europe’s most socially conservative...
https://knews.kathimerini.com.cy/en/business/aris-joins-forces-with-taurus-aurum-to-supercharge-the-cypriot-startup-entrepreneurship-ecosystem
ARIS, an early-stage accelerator launched by the Bank of Cyprus and Deloitte earlier this year and Taurus Aurum Global Property Fund Limited, a multicompartamental private-owned self-managed Alternative Investment Fund headquartered in Nicosia, signed a Memorandum of Understanding (MOU) on the 24th of May 2018 in Nicosia...
https://knews.kathimerini.com.cy/en/news/north-korea-still-wants-to-talk-after-trump-nuked-summit
North Korea responded on Friday with measured tones to US President Donald Trump’s decision to call off a historic summit with leader Kim Jong Un scheduled for next month, saying Pyongyang hoped for a “Trump formula” to resolve the standoff over its nuclear weapons programme...
https://knews.kathimerini.com.cy/en/life/turkey-s-muslim-friendly-holidays-find-a-modest-place-in-the-sun
Turkey’s $26 billion tourism industry has been battered by security fears and political disputes in recent years but one corner of the market is quietly growing - beach holidays for conservative Muslims...
https://knews.kathimerini.com.cy/en/business/m-s-to-close-100-uk-stores-in-four-years
British retailer Marks & Spencer plans to close more than 100 stores in its home market by 2022, accelerating a drive to re-shape its business as it strives to make at least a third of sales online...
https://knews.kathimerini.com.cy/en/business/cyprus-forecasts-high-gdp-growth-of-3-plus-until-2021
High growth rates exceeding 3% of the GDP and high primary surpluses are projected until the year 2021 in the Strategic Fiscal Policy Framework (SFPF) 2019-2021, which was approved by the cabinet...
https://knews.kathimerini.com.cy/en/business/bill-to-scrap-tourism-bureaucracy-heading-for-a-vote
The government is trying to make good on an old promise to create an undersecretary position for tourism, essentially scrapping or severely limiting the aged structure of the Cyprus Tourism Organisation...
https://knews.kathimerini.com.cy/en/business/russian-dirty-money-flowing-through-london-damages-uk
Russian money hidden in British assets and laundered through City of London financial institutions damages the government’s efforts to take a tough stance against Moscow’s aggressive foreign policy, a committee of lawmakers said...
https://knews.kathimerini.com.cy/en/news/opposition-parties-walk-out-of-novartis-debate
Lawmakers of the opposition walked out of a parliamentary debate on Friday ahead of a vote on whether to request the prosecution of 10 prominent politicians named in a bribery scandal involving Swiss drugs manufacturer Novartis....
https://knews.kathimerini.com.cy/en/life/harry-and-meghan-s-cake-will-bake-with-tradition
Prince Harry and Meghan Markle’s wedding cake has taken six bakers five days to prepare and breaks with tradition, according to its designer Claire Ptak...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-energy-search-–-averting-a-us-turkey-crisis
Cyprus continues to proceed with offshore oil and gas projects despite Turkey's opposition...
https://knews.kathimerini.com.cy/en/business/treppides-joins-london-hedgeweek-panel-on-malta
George P. Nicolaou, member of the Board of Management of Treppides Group and Head of Operations of Finanz Fund Services Ltd, a regulated Fund Administration Company under Malta Financial Services Authority, will be on the speakers panel at an event organised by Hedgeweek in London on the 23rd of May 2018...
https://knews.kathimerini.com.cy/en/business/booing-cyprus-breaks-more-tourism-records
An influx of Russian and British tourists has helped Cyprus break more records for the number of arrivals this year...
https://knews.kathimerini.com.cy/en/business/thomas-cook-buoyed-by-strong-demand-for-turkey-greece-egypt-holidays
British holiday company Thomas Cook said it was on track to meet annual forecasts helped by strong demand for holidays to Turkey, Greece and Egypt, and as part of its plan to shift capacity away from parts of Spain where margins are lower...
https://knews.kathimerini.com.cy/en/life/netflix-s-next-act-feeding-the-service-with-its-own-movies
As Hollywood studios unleash their summer blockbusters into theatres, Netflix is trying to give film buffs a reason to stay home...
https://knews.kathimerini.com.cy/en/news/stone-laying-for-limassol-s-casino-resort-set-for-june
The stone laying ceremony for the Cypriot casino resort will take place in June, with temporary facilities ready to run in the summer ahead of the main attraction two years later...
https://knews.kathimerini.com.cy/en/news/north-korea-reconsiders-summit-with-trump-puts-talks-on-ice
North Korea threw next month’s unprecedented summit between Kim Jong Un and Donald Trump into doubt, threatening weeks of diplomatic progress by saying it may reconsider if Washington insists on unilateral denuclearization...
https://knews.kathimerini.com.cy/en/business/israel-eyes-5-claim-of-cyprus-aphrodite-gas-field
Energy Ministry Yuval Steinitz told Cypriot leaders that Israel is demanding 5% or more of the production from the joint Aphrodite-Yishai natural- gas field in disputed Mediterranean waters...
https://knews.kathimerini.com.cy/en/news/police-get-a-push-in-their-crackdown-on-organised-crime
Police are making headway in the war on drugs and organised crime, following the arrest of shooting suspect in custody Elias Mouzos while also receiving harsh criticism from the mayor of Paphos who says police let gangsters run his town...
https://knews.kathimerini.com.cy/en/business/bank-of-england-keeps-powder-dry-on-rate-rise
The Bank of England held interest rates and said weak growth during a snowy start to 2018 was likely to be only temporary, but it wanted to see a pick-up in the economy in the next few months before raising borrowing costs...
https://knews.kathimerini.com.cy/en/news/house-halts-medical-cannabis-bill-due-to-recent-crimes
Members of the House are turning against a medical marijuana bill, citing recent horrific crimes on the island and fears they may be linked to the use of cannabis. But studies suggest that decriminalisation has actually helped violent crime rates drop considerably....
