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....
https://knews.kathimerini.com.cy/en/news/limassol-bust-unveils-alleged-money-laundering-operation
In a targeted operation, Limassol's Organized Crime Unit (OPE) swooped in on a suspected money laundering operation, resulting in multiple arrests and the seizure of significant sums of cash....
https://knews.kathimerini.com.cy/en/news/alleged-accomplice-arrested-in-€7-8m-money-laundering-case
Authorities in Cyprus have identified a potential accomplice in the high-profile money laundering case involving a 31-year-old Ukrainian woman. The woman,...
https://knews.kathimerini.com.cy/en/news/cyprus-rocked-by-abbey-sandal
Cyprus is grappling with the fallout from a series of unsettling revelations involving the Abbey of Avvakum, a scandal that has implicated the state, the Church of Cyprus, and the nation’s political sphere, raising serious questions about oversight, responsibility, and the need for swift action....
https://knews.kathimerini.com.cy/en/news/over-100m-euros-has-passed-through-cyprus-customs
The Customs Department, along with the MOKAS and the Police, addressed the issue of money laundering controls in the Republic of Cyprus during a session held today by the Parliamentary Institutions Committee....
https://knews.kathimerini.com.cy/en/news/zero-emission-buildings-by-2030
In a bid to combat climate change, the European Parliament has approved a plan to make buildings more energy-efficient and eco-friendly. The revised Energy Performance of Buildings Directive,...
https://knews.kathimerini.com.cy/en/business/cyprus-entities-hit-by-u-s-sanctions-for-alleged-al-shabaab-support
The U.S. Treasury Department has announced sanctions on a transnational network involving entities and individuals from the Horn of Africa, the United Arab Emirates, and Cyprus for their role in facilitating the financing of the terrorist organization Al-Shabaab....
https://knews.kathimerini.com.cy/en/news/hooded-intruders-assault-couple-in-paphos-flee-empty-handed
In a harrowing incident Wednesday night (6/3), a couple in the Paphos Province experienced moments of sheer terror when hooded intruders broke into their home, searching for money.
...
https://knews.kathimerini.com.cy/en/news/robbery-cover-or-money-laundering-saga
A robbery in Limassol last week has taken a dramatic turn as law enforcement authorities suspect involvement in a black money laundering ring. ...
https://knews.kathimerini.com.cy/en/news/police-investigate-possible-staging-in-€420k-robbery
In the ongoing investigation involving a 31-year-old woman and 420 thousand euros, Police spokesman Christos Andreou revealed on Tuesday's "Alpha Kalimera" show that there's still much work to be done....
https://knews.kathimerini.com.cy/en/news/britons-get-first-look-at-new-banknotes-featuring-king-charles
Britons recently had the opportunity to preview the latest banknotes featuring King Charles III at the Bank of England's ''The Future of Money'' exhibition. ...
https://knews.kathimerini.com.cy/en/news/ukrainian-woman-s-robbery-unravels-into-money-laundering-investigation
Investigations are intensifying at Police Headquarters regarding a startling case involving a 31-year-old Ukrainian woman who claimed to be a victim of a robbery in Germasogeia on Friday (01/03). ...
https://knews.kathimerini.com.cy/en/business/bitcoin-surpasses-$57-000-on-etf-boost-and-corporate-investments
Bitcoin reached a milestone, surpassing $57,000, driven by increasing demand from exchange-traded funds (ETFs) and corporate investments, notably by MicroStrategy. ...
https://knews.kathimerini.com.cy/en/business/cyprus-hotels-secure-2nd-spot-in-european-tourist-satisfaction
In a report in Kathimerini's Oikonomiki newspaper today by Maria Eracleous, Cypriot hotels experience the highest levels of guest satisfaction during the peak summer months of April to June, with an overall satisfaction index averaging 85% from January to November....
https://knews.kathimerini.com.cy/en/news/give-ukraine-russia-s-money-to-end-the-war-yellen-says
The U.S. Treasury Secretary, Janet Yellen, said on Tuesday that she supports using some of the money that Russia cannot access because of the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/cyprus-firm-on-expanding-russia-sanctions
During the discussion at the European Union's Foreign Affairs Council (FAC) held in Brussels on Monday, Cyprus took a clear stance on the issue of EU sanctions against Russia for its invasion of Ukraine, which marks two years in two days.
...
https://knews.kathimerini.com.cy/en/news/how-does-zero-vat-affect-your-grocery-bills
The Consumer Protection Service is keeping a close eye on how the zero VAT (Value Added Tax) rate impacts prices in stores. They've been checking 88 different products ...
https://knews.kathimerini.com.cy/en/news/cyprus-greece-and-france-halt-funds-for-turkish-drones-in-ukraine
Greece, Cyprus and France reportedly blocked the financing for the supply of Turkish-made Bayraktar drones and artillery shells for Ukraine, which were to be purchased with European funds....
