https://knews.kathimerini.com.cy/en/news/fbi-delivers-money-laundering-report-on-cyprus-so-what-happens-now
After nine months of collaboration between the U.S. team and Cypriot authorities, the long-awaited FBI report on money laundering and sanctions evasion has finally reached the government. ...
https://knews.kathimerini.com.cy/en/news/cyprus-bets-on-students-to-revitalize-old-nicosia-but-at-what-cost
Once overshadowed by controversy over unregistered universities—a scandal that drew scrutiny from Brussels—Cyprus has quietly reinvented itself as a rising destination for students across Europe. ...
https://knews.kathimerini.com.cy/en/news/countdown-to-chaos-cyprus-traffic-light-fiasco
The government has been given an ultimatum: install countdown timers at traffic lights equipped with cameras within six months—or shut down the traffic camera system entirely. ...
https://knews.kathimerini.com.cy/en/news/police-warn-of-online-investment-scam-targeting-citizens
The police have issued a warning about a new online scam targeting individuals with fraudulent investment opportunities....
https://knews.kathimerini.com.cy/en/news/drugs-violence-and-fear-as-cyprus-schools-face-growing-crisis
Concerns are mounting over increasing drug use, violence, and delinquency in Cyprus' schools, with experts and officials warning that urgent action is needed....
https://knews.kathimerini.com.cy/en/news/suspended-ex-commissioner-still-paid-thousands-while-awaiting-trial
By next June, former Volunteer Commissioner Giannakis Giannakis will have received a staggering €76,800 from the state—despite being suspended for allegedly forging his diploma and altering his final high school grades....
https://knews.kathimerini.com.cy/en/news/one-in-three-cypriot-households-struggling-with-rising-costs
Cypriots are feeling the pinch in different ways, according to a new survey that highlights the divide in how people are coping with their household finances....
https://knews.kathimerini.com.cy/en/news/45-year-old-woman-arrested-for-fraud-involving-vehicles-tickets-and-products
A 45-year-old woman was arrested on Thursday by police to assist in investigations into three cases of fraud....
https://knews.kathimerini.com.cy/en/news/cypriot-clubs-face-transfer-bans-with-embargoes-on-apoel-anorthosis-and-omonia
In addition to these three, three other teams from the second division are facing transfer embargoes....
https://knews.kathimerini.com.cy/en/news/nicosia-mayor-sounds-alarm-over-city-s-financial-crisis
Nicosia’s mayor, Charalambos Prountzos, has raised the alarm over the capital’s financial situation, warning that without immediate state support, the municipality will struggle to meet its obligations. ...
https://knews.kathimerini.com.cy/en/news/hidden-fortune-found-in-squalid-paphos-home
A shocking discovery was made in Paphos when municipal workers, responding to a welfare case, found thousands of Cyprus pounds stuffed in garbage bags inside a home where a woman had been living in squalor. Alongside the money, pieces of jewelry were also uncovered....
https://knews.kathimerini.com.cy/en/business/the-best-bank-to-ever-come-out-of-cyprus
The management of Hellenic Bank has set an ambitious goal for the new structure that will emerge in the coming months following its consolidation with Eurobank Cyprus....
https://knews.kathimerini.com.cy/en/news/postponement-in-marios-demetriades-naturalization-case
The Permanent Criminal Court of Nicosia has postponed the proceedings in the naturalization case involving former Transport Minister Marios Demetriades and nine other individuals until April 25th....
https://knews.kathimerini.com.cy/en/business/lebanese-investor-threatens-legal-action-over-blocked-€115m-nicosia-development
A Lebanese investor is threatening legal action after the Department of Antiquities blocked a €115 million development near the historic Nicosia walls, despite other authorities initially supporting the project...
https://knews.kathimerini.com.cy/en/news/gaza-influencer-accused-of-embezzling-funds-for-hospital-reconstruction
The Palestinian Health Ministry in Ramallah has accused Gazan influencer Saleh Al Jafarawi, also known as 'Mr. FAFO', of embezzling money meant for the reconstruction of Al-Nasr Children's Hospital....
https://knews.kathimerini.com.cy/en/news/swedish-man-to-testify-against-lawyer-and-officer-who-helped-him-escape
A 49-year-old Swedish man who managed to escape from a Larnaca clinic last December will now become a key witness for the prosecution in the trial of two individuals accused of helping him flee. ...
https://knews.kathimerini.com.cy/en/business/over-€1-2-billion-in-russian-assets-frozen-in-cyprus-amid-ongoing-sanctions
In Cyprus, over €1.2 billion worth of Russian assets have been frozen, as part of Europe's broader effort to block Russian assets amid ongoing sanctions. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-spends-millions-on-traffic-cameras-forgets-to-add-timers
In Cyprus, we seem to have mastered the fine art of spending taxpayer money, even if it’s not exactly for things we need. Case in point: the 36 million euros spent on our photo-identification traffic camera system, which, it turns out, doesn’t have a simple feature—timers on traffic lights....
https://knews.kathimerini.com.cy/en/business/march-newsletter-of-k-treppides-co-ltd-06-03-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...
https://knews.kathimerini.com.cy/en/comment/opinion/from-panels-for-everyone-to-blackouts-for-all-how-did-we-manage-to-mess-this-up
The whole solar panel initiative could have been—let’s be honest—one of the few success stories of the government.
...
https://knews.kathimerini.com.cy/en/news/end-of-an-era-manchester-united-to-leave-old-trafford-after-115-years
Manchester United has officially announced plans to move out of Old Trafford, their home for the past 115 years, and build a brand-new, state-of-the-art stadium next door. The proposed 100,000-seater venue will become the largest football stadium in the UK....
https://knews.kathimerini.com.cy/en/business/new-leadership-appointments-at-k-treppides-co-ltd
The Management of K. Treppides & Co Ltd is thrilled to announce the appointment of new leaders to our Board of Directors and Board of Management, effective from 1 March 2025. This highlights our commitment to fostering excellence and promoting talent from within our ranks....
https://knews.kathimerini.com.cy/en/business/mps-mull-casino-cash-exemption-despite-laundering-fears
A proposal to exempt casinos from Cyprus' €10,000 cash transaction limit has sparked a heated debate in parliament, with regulators warning that such a move could open the door to money laundering and create unequal rules for businesses....
https://knews.kathimerini.com.cy/en/business/the-resident-billionaires-behind-cyprus-rise-as-a-global-business-hub
Cyprus has quietly become a magnet for some of the world's wealthiest individuals, transforming the island into a hub for global business and investment. ...
https://knews.kathimerini.com.cy/en/news/nearly-100-deputy-mayors-in-cyprus-paid-to-do-nothing
Nearly 100 deputy mayors across Cyprus have been collecting taxpayer-funded salaries for the past nine months — without having any official duties assigned to them — due to loopholes in the local government reform, sparking frustration among both the public and the officials themselves....
https://knews.kathimerini.com.cy/en/comment/opinion/meritocracy-privilege-and-the-cypriot-dream-reflections-on-the-english-school-controversy
Children and adolescents in many parts of the world, including Cyprus, face real problems. Bombs rain down on Ukraine, poverty ravages Gaza, school shootings plague the USA, natural disasters devastate the poorest regions, and here in Cyprus, an entire family recently perished in a tragic house fire....
https://knews.kathimerini.com.cy/en/business/fintech-giants-eye-cyprus-small-banks-in-race-for-european-banking-licenses
Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...
https://knews.kathimerini.com.cy/en/news/supreme-court-ruling-forces-haircut-victims-to-district-courts
The Cyprus Supreme Court has confirmed that cases related to the controversial 2013 ''haircuts'' at Bank of Cyprus and Laiki Bank must be heard by District Courts, not the Administrative Court, according to a statement from the Legal Service.
...
https://knews.kathimerini.com.cy/en/news/woman-caught-with-€126-000-stashed-in-bathroom-safe-but-can-t-explain-why
Police are investigating the origins of €126,360 in cash found hidden in a bathroom safe at a Nicosia home, after the 33-year-old woman living there failed to provide a credible explanation for the money....
https://knews.kathimerini.com.cy/en/news/paphos-polis-killer-road-to-become-four-lane-highway-after-years-of-delays
The long-debated Paphos-Polis Chrysochous road project is finally moving forward—with a major upgrade. What was once planned as a two-lane highway will now be a four-lane road, a move the government says will improve safety and boost economic growth in the region....
