https://knews.kathimerini.com.cy/en/news/14-billion-euros of-loans-on-ice-due-to-the-suspension-of-foreclosure-sales
In Cyprus, credit purchasing companies manage over 80,000 loans totaling €20 billion....
https://knews.kathimerini.com.cy/en/news/the-consequences-of-continuing-foreclosure-suspensions
Lambros Papadopoulos, President of the state-owned asset management company, KEDIPES, warned on Tuesday that the continued suspension of foreclosures will negatively affect the company’s revenue from non-performing loans (NPLs) management resulting in a reduced repayment of state aid....
https://knews.kathimerini.com.cy/en/business/looking-for-a-strategy-to-suspend-foreclosure-sales
To protect vulnerable borrowers and stop the economy from being impacted by decisions that could harm its integrity, a strategy for the new potential three-month suspension of foreclosure sales is being sought.
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https://knews.kathimerini.com.cy/en/business/13-billion-bcm-of-natural-gas-discovered-off-israel-s-shore
Energean PLC has announced a new commercial natural gas discovery of 13 billion cubic meters off the shore of Israel as a result of its exploratory drilling of the well dubbed Zeus-1. It has also confirmed the presence of an additional 3.75 bcm at its Athena site....
https://knews.kathimerini.com.cy/en/business/a-€6-million-chalet-is-just-one-of-several-investments-planned-for-the-mountains-of-cyprus
The new €6.3 million project in Moniatis, which is looking for a buyer, shows that investment in mountainous areas is picking up steam. With DTA's Guru projects, the creation of the Tree Hotel, hotel acquisitions by Property Gallery, and the restoration of the Berengaria Hotel in Prodromos, interest has recently begun to be more active....
https://knews.kathimerini.com.cy/en/news/1-000-people-indicted-in-iran-over-protests
Iran's hardline judiciary will hold public trials of about 1,000 people indicted over unrest in Tehran, a semi-official news agency said on Monday, intensifying efforts to crush weeks of protests ignited by Mahsa Amini's death in police custody....
https://knews.kathimerini.com.cy/en/business/moniatis-grand-chalet-is-looking-for-a-millionaire-buyer
In the Moniatis area, a multi-million dollar luxury property is being built and is looking for a buyer. The plot's total area is 2.5 thousand square meters, while the size of the house under construction is 824 square meters....
https://knews.kathimerini.com.cy/en/news/abduction-of-cyprus-little-hacker-points-to-bizarre-case
Cyprus Police have landed on a tortuous case after it was revealed that a recent abduction of the island’s infamous 'Little Hacker' allegedly came to expose a fake arrest in the buffer zone and a real plot against a prominent businessman who has been in the crosshairs of law enforcement for years...
https://knews.kathimerini.com.cy/en/news/cypriot-president-meets-pope-at-the-vatican
Cypriot President Nicos Anastasiades met with Pope Francis at the Vatican on Monday, with the two men reportedly discussing bilateral issues including refugees following the Holy Father’s visit to the divided island last year...
https://knews.kathimerini.com.cy/en/news/cyprus-greenlights-island-s-first-crematory
A funeral home in Cyprus has obtained a permit to build the country’s first cremation facility, years after legislation paved the way despite strong resistance from the Orthodox church...
https://knews.kathimerini.com.cy/en/news/iran-pro-regime-marchers-calling-for-execution-of-protesters
State-organized demonstrations took place in several Iranian cities on Friday to counter anti-government protests triggered by the death of a woman in police custody, with some marchers calling for the execution of rioters....
https://knews.kathimerini.com.cy/en/business/nouris-more-foreign-companies-setting-up-shop-in-cyprus
The adoption of the New Strategy for Attracting Business and Talent has led to an impressive increase in interest from foreign companies to establish their presence in Cyprus, ...
https://knews.kathimerini.com.cy/en/news/gun-report-adds-new-twist-in-azeri-case
The Azeri suspect in a contentious thwarted plot against Israelis in Cyprus has admitted some charges essentially throwing a curve ball at the prosecution, with the defense raising serious questions over murder-for-hire conspiracy and terrorism accusations...
https://knews.kathimerini.com.cy/en/news/cyprus-tomorrow-plan-the-legacy-of-the-anastasiades-government
Cyprus President Nicos Anastasiades said he has a “clear conscience” as he delivered on his commitments concerning the creation of a “welfare state with no exclusions,”...
https://knews.kathimerini.com.cy/en/news/greek-fm-dendias-pays-official-visit-to-cyprus-in-face-of-difficulties
Greek Foreign Minister Nikos Dendias is in Nicosia to coordinate with the Cypriot government. During the day he will have a meeting with the President of the Republic and then a meeting with the Minister of Foreign Affairs Ioannis Kasoulidis....
https://knews.kathimerini.com.cy/en/news/plot-thickens-as-greece-irked-over-antonov-crash
Athens says Belgrade and Kiev had not shared information about dangerous cargo on board a Cypriot company-owned Antonov that crashed-landed in northern Greece, with the plot thickening after recipient Bangladesh denied Serbian reports that Dhaka was expecting mines onboard the aircraft leased to a Ukrainian company...
https://knews.kathimerini.com.cy/en/news/rumors-fly-after-antonov-crash-in-greece
A retired intelligence officer in Cyprus says there is no way a downed Ukrainian cargo plane could have been carrying illegitimate weapons, with rumors still raging over allied weapons to Ukraine being sold on the black market while experts in Greece saying they found no evidence of dangerous substances at the crash site...
https://knews.kathimerini.com.cy/en/business/foreclosures-suspended-until-the-end-of-october-2022
The Cyprus Parliament on Thursday passed a bill suspending foreclosures until the end of October,...
https://knews.kathimerini.com.cy/en/news/cyprus-property-market-growing-in-number-and-value
The Cyprus property market is growing while getting pricier, as the number of properties rises by 1.5%, while their overall value increased by 2.2% based on January 2021 prices compared to 2018 data....
https://knews.kathimerini.com.cy/en/news/two-locals-crushed-to-death-in-farming-accident
Police are investigating a labor accident in rural Paphos after two men on Monday were crushed to death when a combine harvester overturned on an uphill dirt road in Stroumbi...
https://knews.kathimerini.com.cy/en/news/house-clamps-down-on-glamping-aspirations
Cypriot parliament failed this week to pass crucial tourism legislation that would regulate low-cost lodging, but concerns about encroaching on the environment also ended up blocking a bill on the newest trend of glamorous camping...
https://knews.kathimerini.com.cy/en/news/eastmed-feasibility-study-hindered-due-to-turkey-s-harassment
The commercial viability study of the EastMed pipeline is not proceeding as planned because Turkey is "interfering with the Nautical Geo ship conducting environmental surveys," Foreign Minister Ioannis Kasoulides told the Parliamentary Committee on Foreign Affairs....
https://knews.kathimerini.com.cy/en/news/tatar-alleges-greek-cypriot-links-to-terrorism
Turkish Cypriot leader Ersin Tatar had some harsh words for his compatriots in the south this week, saying Turkey’s concerns over NATO candidate Sweden’s PKK links also had basis in the south and called on Greek Cypriots to reevaluate their 'cooperation with terrorist organizations'...
https://knews.kathimerini.com.cy/en/news/nicosia-in-waiting-game-for-lng-supply-and-distribution
In her speech in Davos on Tuesday in front of an audience of businessmen and political leaders, EC President Ursula von der Leyen appeared to put Cyprus on center stage for the supply of liquefied natural gas (LNG) for the European Union, announcing that "soon" LNG terminals will operate in Greece, Cyprus and Poland....
https://knews.kathimerini.com.cy/en/news/cypriot-former-fm-announces-non-combative-2023-run
Cypriot former foreign minister Nikos Christodoulides announced Thursday his non-partisan candidacy for president, with the career diplomat deviating from political norms and promising an all-inclusive, non-combative race...
https://knews.kathimerini.com.cy/en/news/cyprus-police-reject-school-shooting-plot-claim
Shocking allegations about a thwarted school shooting in rural Nicosia have been dismissed by police, who said the claim was blown out of proportion after a parents association official alluded to the incident when he told parliament there was tension in the community due to migration...
https://knews.kathimerini.com.cy/en/news/urgency-and-skepticism-clash-as-west-probes-chems-in-ukraine
Moscow says claims by American officials about the possibility of Russia using chemical weapons in Ukraine were 'baseless' as politicians and experts were becoming more skeptical about Kiev’s allegations...
https://knews.kathimerini.com.cy/en/business/major-projects-underway-in-larnaca-nicosia
The Cyprus real estate and construction sectors are moving past the demise of the scrapped Citizenship for Investment Programme, turning their attention to the capital and the once-neglected coastal town of Larnaca, while Limassol, with its high-rises and cosmopolitan lifestyle, is still seeing part of the action....
https://knews.kathimerini.com.cy/en/news/russia-warns-united-states-we-have-the-might-to-put-you-in-your-place
Russia warned the United States on Thursday that Moscow had the might to put the world's pre-eminent superpower in its place and accused the West of stoking a wild Russophobic plot to tear Russia apart....
https://knews.kathimerini.com.cy/en/news/op-ed-putin-will-not-invade-because-he-doesn-t-want-a-second-afghanistan
Many analysts have suggested that the chaotic US withdrawal from Afghanistan emboldened Russian President Vladimir Putin to move toward Ukraine, exploiting the perceived weakness of the West. But Leon Aron, senior fellow at the American Enterprise Institute in Washington, reminds us that Russians were also trapped in Afghanistan in 1978-89.
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