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,...
https://knews.kathimerini.com.cy/en/news/mykonos-faces-tourism-crisis-amid-declining-numbers
Despite promising signs for other parts of the country as regards the number of flights and seat bookings for the 2024 tourism season, Mykonos is seeing a decline in both indices for the second year in a row.
...
https://knews.kathimerini.com.cy/en/news/are-you-ready-to-lose-an-hour-of-sleep
Get ready to adjust your clocks because daylight saving time is making its comeback this Sunday, March 31st....
https://knews.kathimerini.com.cy/en/news/woman-bound-and-threatened-by-masked-intruders
Yesterday, a woman in the community of Erimi, Limassol, experienced terror when four masked individuals entered her home, searching for money.
...
https://knews.kathimerini.com.cy/en/news/hotel-brain-sets-sights-on-cypriot-hospitality-domination
The Greek hospitality powerhouse, Hotel Brain, sets its sights on Cyprus, unveiling plans to tap into the island's vibrant market....
https://knews.kathimerini.com.cy/en/news/russian-oil-payments-delayed-amid-sanctions-scrutiny
Russian oil companies are facing significant delays in receiving payments for crude and fuel as banks in China, Turkey, and the United Arab Emirates (UAE) exercise increased caution over potential U.S. secondary sanctions, according to eight sources familiar with the matter....
https://knews.kathimerini.com.cy/en/business/limassol-gallery-faces-alleged-money-laundering-probe
The case file regarding alleged money laundering at a Limassol gallery was transferred to the Legal Service today, with two suspects released pending further investigations....
https://knews.kathimerini.com.cy/en/news/europe-s-ambitious-plan-to-reignite-economic-engines
As Europe endeavours to uphold its competitiveness amidst economic rivals, its politicians believe they hold a concealed asset: the savings of its citizens, which remain unused and dormant....
https://knews.kathimerini.com.cy/en/business/cyprus-braces-for-soaring-fuel-prices
Cyprus braces for a significant hike in motor fuel prices by mid-April, with increases of 10 cents per liter expected to impact consumer spending across the island nation, according to a report by Kathimerini's Maria Eraclous....
https://knews.kathimerini.com.cy/en/news/occupied-territories-are-a-black-hole-for-illicit-funds
The recent update to the US-UK sanctions list, active since last April and aimed at Russia, continues to scrutinize Cypriot-based entities suspected of violating the Russian embargo. ...
https://knews.kathimerini.com.cy/en/news/cyprus-and-us-forge-anti-financial-crime-alliance
The Republic of Cyprus and the United States of America have announced a significant cooperation initiative aimed at enhancing the ROC's capabilities to combat illicit finance....
https://knews.kathimerini.com.cy/en/news/archbishop-georgios-in-k-the-scandal-rocking-the-church-of-cyprus
In an interview with ''K,'' Archbishop George assures that efforts are being made to fully clarify the case of the Monastery of Saint Avvakum, which is causing turmoil within the Church. ...
https://knews.kathimerini.com.cy/en/news/ny-attorney-general-moves-to-seize-trump-s-assets
In a significant legal maneuver, the office of New York Attorney General Letitia James has taken steps to file judgments against former President Donald Trump in Westchester County, N.Y....
https://knews.kathimerini.com.cy/en/business/responsible-today-sustainable-tomorrow-lidl-cyprus-with-an-eye-on-cyprus-of-the-future
An event dedicated to its vision for a sustainable tomorrow was held by Lidl Cyprus at the premises of the Lidl Food Academy in the centre of Nicosia on Thursday 21 March 2023, in the presence of the honourable Minister of Energy, Trade and Industry, Mr. Giorgos Papanastasiou, as well as other institutional body representatives and partners of the company, as well as representatives of the media. ...
https://knews.kathimerini.com.cy/en/news/athens-teen-prostitution-sting-online-chats-result-in-arrests
Online conversations revealed by Kathimerini shed light on the ongoing investigation into the alleged prostitution racket involving girls aged 14 to 18 in Athens....
https://knews.kathimerini.com.cy/en/news/money-laundering-allegations-hit-spanish-football-officials-arrested
The turmoil within Spanish football persists as police conducted a sweeping operation at the country's football federation offices, resulting in multiple arrests of key figures....
https://knews.kathimerini.com.cy/en/comment/opinion/lather-rinse-repeat
Everywhere we turn in Cyprus, the specter of money laundering looms large. It was an open secret for years that our banking system was complicit, resulting in repercussions from foreign authorities....
https://knews.kathimerini.com.cy/en/news/a-state-held-hostage
While society was glued to shocking videos from the Monastery of Saint Avvakoum, sending a message that an entire financial - and not only - fraud was staged to the detriment of the faithful, the President of the Republic visited Mount Athos. ...
https://knews.kathimerini.com.cy/en/news/the-blurred-lines-between-the-church-state-and-scandal-in-cyprus
Last week, amid the shadow of scandals in the Church, ELAM President Christos Christou ensured to provide full coverage to Metropolitan Isaias, ...
https://knews.kathimerini.com.cy/en/news/police-spokesman-updates-avvakoum-monastery-investigation
Police Spokesman Christos Andreou provided updates on the ongoing investigation into the Monastery of Saint Abbacum, highlighting significant developments in the case....
