https://knews.kathimerini.com.cy/en/news/eu-commission-proposes-digital-euro-as-cash-alternative
Digital currencies have grown in popularity. Unlike bitcoin, the digital euro would be a central bank digital currency (CBDC), essentially, electronic cash. ...
https://knews.kathimerini.com.cy/en/news/commission-wants-more-independence-for-cyprus-prosecutor
The European Commission has stressed the need for Cyprus to strengthen the independence and the accountability of the Prosecution Service...
https://knews.kathimerini.com.cy/en/news/policeman-sentenced-to-prison-for-embezzlement
A police officer was sentenced to four months imprisonment for a case of embezzlement through false representations, but he considered his sentence excessive and appealed before the Supreme Court....
https://knews.kathimerini.com.cy/en/news/un-chief-spells-out-need-for-envoy-deal-on-cyprus
An important step forward would be an agreement with the sides on an appointment of a United Nations envoy, who could explore ways to reach common ground towards resuming negotiations for a lasting settlement in Cyprus, the UN Secretary General says, while urging the leaders to send a clear signal that 'this time things will be different'...
https://knews.kathimerini.com.cy/en/news/fourth-of-july-fireworks-illuminate-the-night-sky
The Fourth of July is Americana at its core: parades and cookouts and cold beer and, of course, fireworks....
https://knews.kathimerini.com.cy/en/news/cyprus-asserts-maritime-cluster-advantage
Shipping Deputy Minister, Marina Hadjimanolis highlighted the competitive advantages of the Cyprus Shipping Cluster and underlined the government's strong commitment to the shipping sector...
https://knews.kathimerini.com.cy/en/news/cyprus-struggles-to-reduce-landfill-waste-falling-behind-targets
Cyprus is facing significant challenges in meeting its municipal waste management and recycling targets, prompting concerns from the European Commission, according to a report on Philenews....
https://knews.kathimerini.com.cy/en/news/german-ambassador-calls-on-players-to-reassess-energy
Willingness to compromise on the Cyprus issue is important in order to move forward, German Ambassador to Cyprus, Anke Schlimm, says in an interview published in the Sunday edition of Politis newspaper...
https://knews.kathimerini.com.cy/en/business/hellenic-bank-rakes-in-€69-7-million-in-profits-during-q1-of-2023
Hellenic Bank has reported a profit of €69.7 million for the first quarter of 2023, signaling a strong start to the year. ...
https://knews.kathimerini.com.cy/en/news/total-loans-increase-by-€71-million-reaching-€24-4-billion
Non-performing loans decreased by €105 million end of March 2023, compared to the end of December 2022, reaching €2.2 billion, according to data published by the Central Bank of Cyprus on Tuesday. ...
https://knews.kathimerini.com.cy/en/news/us-citizens-exit-portugal-as-demand-for-golden-visas-plummet-37
Following the abolishment of the Golden Visa scheme of Portugal some expatriates are leaving the country, based on the report of Bloomberg....
https://knews.kathimerini.com.cy/en/news/eu-nationals-to-require-electronic-travel-authorization-eta-starting-next-year
Nationals of the 27 European Union Member States traveling to the United Kingdom will need to apply for an electronic travel authorization (ETA) starting next year, which will cost them almost €12....
https://knews.kathimerini.com.cy/en/news/cheers-to-national-iced-tea-day
As the scorching summer days approach, there's nothing quite as satisfying as quenching your thirst with a cool and flavorful glass of iced tea....
https://knews.kathimerini.com.cy/en/news/trump-indicted-on-37-federal-counts
Former President Trump was indicted on 37 federal counts, including willful retention of national defense information, conspiracy to obstruct justice, and false statements, according to an unsealed copy of the indictment obtained by Fox News....
https://knews.kathimerini.com.cy/en/business/innovative-payabl-pos-card-terminals-make-omnichannel-payments-simple-and-easy
Get ready to embrace the future of payments with payabl. - the cutting-edge payments company that's shaking up the industry. In a game-changing move, payabl. has just launched its revolutionary point-of-sale (POS) solution for in-person payments, aimed at transforming the way retailers conduct business. The best part? This is happening right now in Cyprus....
https://knews.kathimerini.com.cy/en/news/imf-says-cyprus-untouched-by-war-fallout
The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...
https://knews.kathimerini.com.cy/en/news/california-electricity-bills-based-on-your-paycheck
Most of the time, what you pay for electricity or water or gas depends on how much you use. Leave the air conditioner and the lights on all night, and your electricity bill will spike. Take long, relaxing bubble baths every day, and your water bill will climb....
https://knews.kathimerini.com.cy/en/news/an-effective-foreclosure-framework-is-important-says-finmin
An effective and functional foreclosure framework is crucial for encouraging borrowers to restructure their debt, due to the high stock of non-performing loans (NPLs), the Cyprus Ministry of Finance said in a press release on Tuesday....
https://knews.kathimerini.com.cy/en/news/nicosia-gathers-oil-companies-for-sales-pitch
Τhe main points of the government's energy strategy will be presented to representatives of companies involved internationally in the natural gas and electricity supply chain, during a two-day workshop titled 'The Cyprus Gateway: Natural Gas to Power and Liquefaction' taking place on Monday and Tuesday, in Nicosia...
https://knews.kathimerini.com.cy/en/news/turkish-mfa-raises-concerns-over-us-destroyer-s-anchoring-in-cyprus
The Turkish Ministry of Foreign Affairs has issued a statement urging the United States to reconsider its policies, following the anchoring of the American destroyer USS Arleigh Burke in Cyprus. ...
https://knews.kathimerini.com.cy/en/business/cyprus-banks-strict-adherence-to-sanctions-worries-legitimate-entities
Banks have become cautious regarding sanctions imposed by the USA, EU, and UK, and they are not willing to take any risk in serving individuals or entities in Cyprus who are subject to sanctions....
https://knews.kathimerini.com.cy/en/news/cyprus-and-israel-strengthen-military-cooperation-with-agapinor-2023
The AGAPINOR-2023 international exercise was held in Cyprus between May 7-11 within the framework of the Bilateral Defence Cooperation Program between the armed forces of the Republic of Cyprus and the State of Israel....
https://knews.kathimerini.com.cy/en/news/turkey-becomes-largest-source-of-schengen-visa-applications
As Türkiye’s hopes for a near agreement for visa-free travel with the European Union Member States remain dim, the country has now become the largest source of Schengen visa applications, with Turkish nationals filing over 700,000 applications in 2022....
https://knews.kathimerini.com.cy/en/business/may-newsletter-of-k-treppides-co-ltd-cysec
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/news/141-million-people-have-passed-through-barricades-in-20-years
The Press and Information Office reported that, according to an April 29 article from the Halkin Seshi newspaper, a grand total of 141 million individuals have traversed the barricades towards the occupied or free areas since the opening on April 23, 2003....
https://knews.kathimerini.com.cy/en/news/cyprus-deposits-reach-€51-9b-loans-at-€25-1b-in-march-2023
Total deposits reached €51.9 billion in March 2023, while total loans stood at €25.1 billion, according to data published by the Central Bank of Cyprus on Tuesday, in the April 2023 edition of Monetary and Financial Statistics....
https://knews.kathimerini.com.cy/en/news/the-turkish-formula-for-cyprus-is-challenging
A complex equation for the Cyprus problem is foreseen by circles at the EU headquarters, regardless of who wins Turkey's elections. This is because neither of the two main candidates, Tayyip Erdogan nor Kemal Kilicdaroglu, has the resolution of the Cyprus problem on their agenda. ...
https://knews.kathimerini.com.cy/en/business/numerous-foreclosure-sales-expected-in-2023-and-2024
The COVID-19 pandemic and the subsequent suspension of divestments since 2020 have led to the creation of a considerable volume of properties for disposal that banks and credit purchase companies have on their balance sheets....
https://knews.kathimerini.com.cy/en/news/christodoulos-vassiliadis-denies-offering-services-to-sanctioned-russian-oligarch
"We did not provide services to a person subject to sanctions," says Christodoulos Vassiliadis....
https://knews.kathimerini.com.cy/en/business/bookings-for-cyprus-countryside-accommodation-rise-during-easter-holidays
According to official data released by the Deputy Ministry of Tourism, bookings for countryside accommodation in Cyprus increased during the Easter holiday season....
