https://knews.kathimerini.com.cy/en/news/germany-€60-billion-budget-shortfall-rocks-europe-s-largest-economy
Germany’s tax revenues are projected to fall nearly €60 billion short of earlier expectations over the next five years, intensifying budget challenges for Chancellor Olaf Scholz’s government and straining the already fragile three-party coalition....
https://knews.kathimerini.com.cy/en/news/church-and-nightclub-owners-under-investigation-for-embezzlement-and-money-laundering
A significant investigation has been launched into allegations of embezzlement and money laundering involving two high-ranking officials from the Catholic Church of Greece and five nightclub owners in the Peloponnese region. ...
https://knews.kathimerini.com.cy/en/news/the-new-era-of-accounting-services-a-complete-solution-for-cfos
Comprehensive Solutions for CFOs in the Modern Accounting Landscape, in the fast-paced business world of today, strategic financial management has become increasingly critical....
https://knews.kathimerini.com.cy/en/comment/opinion/goodbye-and-thanks-for-all-the-halloumi
I depart Cyprus after a little over two years as the British High Commissioner. What are my main reflections?...
https://knews.kathimerini.com.cy/en/news/cypriots-linked-to-$75-million-money-laundering-probe-in-the-french-riviera
French authorities have seized about $75 million worth of real estate and luxury cars in the French Riviera as part of a money-laundering investigation involving two Russian businessmen who hold Cypriot citizenship, according to a published report on the OCCRP.org website. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cypriot-banks-sending-loans-abroad-a-growing-risk
Yesterday, I had a conversation with someone who truly understands banking—probably more knowledgeable than many who think they do....
https://knews.kathimerini.com.cy/en/business/spike-in-suspicious-transactions-as-cyprus-freezes-over-€25-million-in-illicit-assets
Reports of suspicious transactions in Cyprus have risen sharply in 2023, reaching levels similar to those in 2021, as per a story by Kathimerini's Dorita Yiannakou....
https://knews.kathimerini.com.cy/en/news/1-elon-musk-s-$1-million-giveaway-to-voters-raises-legal-red-flags
Elon Musk, the billionaire owner of Tesla, SpaceX, and X (formerly Twitter), has committed to giving away $1 million daily to voters who sign his political action committee's (PAC) petition supporting constitutional rights....
https://knews.kathimerini.com.cy/en/news/israel-targets-hezbollah-linked-bank-in-air-strikes-on-beirut
Israel launched multiple air strikes across Beirut and southern Lebanon, targeting Hezbollah strongholds, including branches of a bank accused of financially supporting the militant group. ...
https://knews.kathimerini.com.cy/en/news/scam-warning-don-t-fall-for-fake-delivery-fees-from-cyprus-post
The Cyprus Police are urging the public to exercise caution following reports of a new scam involving fraudulent emails related to package deliveries....
https://knews.kathimerini.com.cy/en/news/elon-musk-donates-over-$70m-to-boost-trump-gop-in-2024-election
Elon Musk, the world's wealthiest individual, contributed more than $70 million to support Donald Trump and Republican campaigns in the upcoming November elections, according to recent campaign finance disclosures....
https://knews.kathimerini.com.cy/en/business/cyprus-investment-funds-grow-to-€9-4-billion-in-2024
Investment companies in Cyprus collectively manage assets worth €9.4 billion, with the amount growing by about 2.9% in the second quarter of 2024 but still below last year's figures....
https://knews.kathimerini.com.cy/en/news/frustrated-graduates-flee-abroad-as-job-markets-fail-them
Over the past two decades, an educational revolution swept through much of the developing world. ...
https://knews.kathimerini.com.cy/en/comment/opinion/a-black-day-for-justice-in-cyprus
September 18, 2024 will be marked as another Black Day for Democracy and the start of a slippery road to a new phase in the political life of Cyprus....
https://knews.kathimerini.com.cy/en/news/french-court-clears-cyprus-in-$1-4-billion-fbme-bank-case
France’s highest court has brought an end to the $1.4 billion legal battle over the resolution of FBME Bank, ruling that the Central Bank of Cyprus (CBC) acted prudently and did not breach any obligations under a bilateral investment treaty between Cyprus and Lebanon....
https://knews.kathimerini.com.cy/en/news/tesla-unveils-robotaxi-and-optimus-robot-at-‘we-robot-event
Tesla CEO Elon Musk showcased the company’s latest autonomous vehicle, the Cybercab Robotaxi, during the "We, Robot" event at Warner Bros. Studios on Thursday....
https://knews.kathimerini.com.cy/en/news/new-app-teaches-teens-money-management
As technology continues to evolve, digital currency is becoming an increasingly integral part of modern life, making daily transactions easier, faster, and more accessible....
https://knews.kathimerini.com.cy/en/news/russians-bypass-sanctions-in-occupied-areas
Russians are leveraging the occupied territories to evade sanctions imposed by the European Union and other Western entities in response to the conflict in Ukraine, according to an article from the Dutch newspaper Het Parool.
...
https://knews.kathimerini.com.cy/en/news/digital-tools-launched-to-improve-nicosia-s-urban-life
Nicosia Mayor Charalambos Proutzos emphasized the importance of enhancing citizens' quality of life through smart technologies, stating, "Our goal is not just......
https://knews.kathimerini.com.cy/en/news/cypriot-economy-shows-resilience-growth-outpaces-eu-average
The Governor of the Central Bank of Cyprus, Christodoulos Patsalides, has called on banks to consider the social dimension of their pricing policies......
https://knews.kathimerini.com.cy/en/news/crystal-balls-barbed-wire-and-other-cypriot-delights
Christodoulides insists that we’ll soon have “some developments on the Cyprus issue.” Watch out—when we least expect it, there might just be some progress, and the President will be hailed as a visionary, maybe even earning the title of a posthumous prophet. ...
https://knews.kathimerini.com.cy/en/news/cyprus-luxury-resort-tied-to-russia-s-$230m-magnitsky-scandal
Cypriot police are close to completing an investigation into allegations connecting a luxury resort to one of Russia’s biggest financial scandals, the Magnitsky case, according to police officials....
https://knews.kathimerini.com.cy/en/news/cyprus-dirty-waste-secret-haunts-ex-minister-eyeing-eu-job
A waste management scandal in Cyprus is casting a shadow over former environment minister Costas Kadis, just as he seeks a prominent position in the European Union....
https://knews.kathimerini.com.cy/en/business/cyprus-credit-rating-upgrade-a-boon-for-investors-but-what-about-citizens
Cyprus has recently received good news from the credit rating agency Capital Intelligence (CI), which upgraded the country’s credit ratings, according to Kathimerinni's Dorita Yiannakou. ...
https://knews.kathimerini.com.cy/en/news/us-urges-tighter-oversight-of-cypriot-service-providers-to-combat-financial-crime
Cypriot accountants and lawyers are under pressure from U.S. authorities to align with banking standards in combating financial crime. ...
https://knews.kathimerini.com.cy/en/news/lucky-joker-ticket-in-kokkinotrimithia-wins-€18-6-million-jackpot
A single ticket has made one individual extraordinarily wealthy following the 2812th JOKER draw, as they secured a prize of €18,694,681.21. The winning ticket, ...
https://knews.kathimerini.com.cy/en/news/nyc-mayor-eric-adams-charged-with-bribery-involving-turkish-officials
New York City Mayor Eric Adams has been charged with bribery and fraud in connection with an alleged scheme involving Turkish officials. Prosecutors say Adams accepted more than $100,000 in luxury travel, ...
https://knews.kathimerini.com.cy/en/news/here-s-your-chance-to-become-a-gondolier-earning-up-to-€150-000
Picture this: gliding through Venice’s canals, steering a sleek black gondola beneath ancient bridges, serenading tourists as the city’s history unfolds around you....
https://knews.kathimerini.com.cy/en/news/cyprus-needs-new-strategy-to-grow-winter-tourism
According to an article written by Dorita Yiannakou in this Sunday's Kathimerini, this year has been a steady one for winter tourism in Cyprus, showing the sector’s strength despite various regional challenges....
https://knews.kathimerini.com.cy/en/news/elderly-defrauded-of-€40-000-in-utility-worker-scam
A group of Roma individuals continues to defraud elderly people by posing as employees of the Greek Public Power Corporation (DEI) and the Hellenic Telecommunications Organization (OTE), aiming to steal money....
