https://knews.kathimerini.com.cy/en/news/study-shows-many-cypriots-struggle-with-financial-literacy
A recent study by the Economics Research Centre at the University of Cyprus has brought to light issues regarding financial literacy in the country....
https://knews.kathimerini.com.cy/en/news/porn-star-stormy-daniels-speaks-out-on-trump-encounter-in-court
Porn star Stormy Daniels has described to jurors an awkward and unexpected sexual encounter she claims she had with Donald Trump in 2006....
https://knews.kathimerini.com.cy/en/news/china-s-leader-targets-hungary-serbia-for-investments
Chinese leader Xi Jinping will spend most of his five-day tour in Europe this week in two small countries in the continent’s eastern half, a region that Beijing has used as a foothold for its expanding economic ambitions in Europe....
https://knews.kathimerini.com.cy/en/news/mod-breach-exposes-uk-military-personnel-s-names-and-bank-details
The Ministry of Defence has suffered a significant data breach and the personal information of UK military personnel has been hacked....
https://knews.kathimerini.com.cy/en/news/cyprus-bolsters-anti-money-laundering-arsenal
The Cyprus government has reaffirmed its steadfast dedication to upholding international standards in combating money laundering and terrorism financing, as outlined in a press release by the Presidency of the Republic....
https://knews.kathimerini.com.cy/en/business/cyprus-navigates-economic-uncertainty-with-strong-economic-reserves
Cyprus is sitting pretty with a lot of cash in the bank, and it's good news for handling any economic bumps in the road. The government's stash of nearly €2.83 billion can cover a big chunk of its debts due in the next year....
https://knews.kathimerini.com.cy/en/news/former-central-bank-governor-reflects-on-achievements-and-future-plans
In an exclusive interview with Andreas Kimitris of Kathimerini, former Cyprus Central Bank Governor Constantinos Herodotou delved into various aspects of his tenure and the hurdles encountered during his term. ...
https://knews.kathimerini.com.cy/en/news/cyprus-reports-€133-1-million-increase-in-march-loans
In March, both total deposits and loans saw an upward trend, with liquidity (the difference between loans and deposits) exceeding €27 billion, according to statistics on deposits and loans from Monetary Financial Institutions published today by the Central Bank of Cyprus.
...
https://knews.kathimerini.com.cy/en/news/cyprus-ends-2023-with-€918-7-million-fiscal-surplus
Cyprus's financial report card for 2023 is in, and it's showing some positive signs. According to the Statistical Service of Cyprus, the country ended the year with a fiscal surplus of €918.7 million. That's like having extra money left over after paying all the bills....
https://knews.kathimerini.com.cy/en/news/lawyers-reveal-source-of-€807-000-found-in-safe
Lawyers representing two monks at the center of the scandal at the Monastery of Saint Avvakum have returned with a new letter, shedding light on the origin of the €807,000 found in a safe. ...
https://knews.kathimerini.com.cy/en/news/who-introduces-sarah
The World Health Organization (WHO) is venturing into the realm of artificial intelligence (AI) to disseminate health information worldwide through a human-like avatar....
https://knews.kathimerini.com.cy/en/news/mfa-audit-uncovers-misuse-of-public-funds-and-abuse-of-power
A recent audit conducted by the Audit Service of the Ministry of Foreign Affairs (MFA) has revealed instances of misappropriation of public money and abuse of power spanning the years 2021 and 2022....
https://knews.kathimerini.com.cy/en/business/alternative-investments-and-portfolio-diversification
In contrast to traditional investments in stocks and bonds, portfolios incorporating alternative investments have historically offered higher returns, a trend that has become more prevalent in recent years. ...
https://knews.kathimerini.com.cy/en/news/eu-acts-against-russian-owned-companies
The European Commission released guidelines on the implementation of the new article 5r of Council Regulation 833/2014 of the 12th package of restrictive......
https://knews.kathimerini.com.cy/en/news/healthier-ready-to-eat-meals-could-slash-eu-emissions-by-48m-tonnes
Healthier ready-to-eat meals could cut EU emissions by 48m tonnes annually and save customers €2.8bn (£2.4bn) each year, as well as reducing disease, a report has found....
https://knews.kathimerini.com.cy/en/news/whatsapp-s-lowered-age-limit-sparks-controversy
Meta, the parent company of WhatsApp, has revised its minimum age requirement for the messaging app in Europe, lowering it to 13 from 16, a move that has drawn criticism from children's rights advocates....
https://knews.kathimerini.com.cy/en/comment/opinion/we-are-all-responsible
Eleven people crammed into one apartment, each paying between 150 to 200 euros in rent, all to live stacked together in appalling conditions. ...
https://knews.kathimerini.com.cy/en/news/russia-s-influence-tactics-exposed-in-eu-election-probe
Less than two months before European voters in 27 countries take part in EU Parliament elections, Belgium says it is investigating pro-Russian networks that are trying to influence the vote....
https://knews.kathimerini.com.cy/en/comment/opinion/scandals-and-sanctimony-in-cyprus
In recent years, we've seen it all. From COVID to the Ukraine conflict and the dramatic events unfolding next door in Gaza. Yet, nothing has rocked the average Cypriot quite like the scandal of the Avvakoum Monastery. ...
https://knews.kathimerini.com.cy/en/news/lagarde-signals-eurozone-interest-rate-drop-in-june
The President of the European Central Bank, Christine Lagarde, has hinted at the possibility of a rate cut in June, citing the need for more data......
https://knews.kathimerini.com.cy/en/news/hatzigiannis-the-social-responsibility-of-banks-is-non-existent
Members of the Commerce Committee voiced disappointment following the responses provided by bank representatives regarding the installation of additional automatic teller machines (ATMs) to facilitate money withdrawals in communities....
https://knews.kathimerini.com.cy/en/news/cbc-governor-faces-toughest-banking-challenges-yet
A new dawn breaks with the appointment of Mr. Christodoulos Patsalides as the Central Bank of Cyprus's new governor, heralding both promise and challenge....
https://knews.kathimerini.com.cy/en/comment/opinion/greece-s-dual-reality-of-law-and-mafia-rule
Maybe we don’t understand how much everything around us seems to be losing its momentum and cheapening, and I hope we don’t suddenly......
https://knews.kathimerini.com.cy/en/news/fake-priest-targets-people-with-€12-sweets
A charlatan priest appears to have been deceiving citizens in Larnaca, extracting money from them....
https://knews.kathimerini.com.cy/en/news/cyprus-revamps-school-curriculum-to-address-financial-literacy-gap
In response to concerns over low financial literacy rates among Cypriots, highlighted in studies including the Central Bank's 2021 report, efforts to address the issue have been reignited. ...
https://knews.kathimerini.com.cy/en/news/authorities-stumped-on-declared-cash
The question of the whereabouts of over 90 million euros in cash allegedly spent by travelers arriving in Cyprus through Larnaca and Paphos airports in the last 15 months remains unanswered by competent state authorities....
https://knews.kathimerini.com.cy/en/business/cabinet-approves-closer-partnership-with-us-to-tackle-financial-crimes
Within a short period after Nicosia's announcement of closer cooperation with the US on money laundering issues, the Council of Ministers approved the signing of a memorandum of cooperation between the Cyprus Police and the FBI. ...
https://knews.kathimerini.com.cy/en/news/where-did-all-the-declared-cash-go
Director General of the Ministry of Finance, George Panteli, revealed to Parliament's Institutions Committee that between 2021 and March 2024, 1077 cash declarations, totaling 119 million euros, entered Cyprus via Larnaca and Paphos airports....
https://knews.kathimerini.com.cy/en/news/intruders-strike-in-limassol-steal-€51-000-from-russian-investor
Authorities are investigating a robbery case involving a 36-year-old Russian entrepreneur who fell victim to a theft during a cryptocurrency transaction.
...
https://knews.kathimerini.com.cy/en/business/lawyers-challenge-money-laundering-watchdog-in-cyprus
Establishing a system to oversee financial companies in Cyprus is proving tricky, according to an article written by Apostolos Tomaras. It all started when the US and UK slapped sanctions on Russia,...
