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/cyprus-central-bank-holds-1-buffer-rate-to-safeguard-banks
The Central Bank of Cyprus (CBC) has maintained the countercyclical buffer (CCyB) rate to be observed by commercial banks at 1%, with effect as of June 2, 2024....
https://knews.kathimerini.com.cy/en/business/a-sneak-peek-of-landmark-nicosia-s-new-spa-and-wellness-facilities
As progress continues on The Landmark Nicosia, the capital's premier lifestyle destination, MHV unveils exclusive glimpses of the forthcoming spa and indoor wellness facilities. Set to reopen under Marriott's Autograph Collection, the revitalized hotel promises a fusion of modern luxury and Cypriot heritage....
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.
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https://knews.kathimerini.com.cy/en/news/journalist-who-filmed-navalny-s-last-video-now-in-police-custody
In a troubling development for press freedom in Russia, Antonina Favorskaya, a journalist renowned for her coverage of opposition leader Alexei Navalny......
https://knews.kathimerini.com.cy/en/news/illegal-photovoltaic-systems-threaten-cyprus-electricity-grid
In a recent interview on SPOR FM, Christina Papadopoulou, the spokesperson for the Electricity Authority of Cyprus (EAC), addressed concerns over the proliferation of illegal photovoltaic systems installed by individuals in homes....
https://knews.kathimerini.com.cy/en/news/get-ready-for-a-heatwave
Good morning, folks! We've got some exciting weather news coming your way. Weak high pressure and a hot gas mass are swooping in, promising to bring rising temperatures and plenty of sunshine to the area....
https://knews.kathimerini.com.cy/en/news/cyprus-maritime-sector-advances-amidst-ambitious-goals
''Without a doubt, we take pride in the achievements of the past 60 years. Our ambition is to set even higher targets and strengthen the competitiveness of Cypriot shipping,...
https://knews.kathimerini.com.cy/en/news/akamas-road-irregularities-demand-answers
A series of pressing questions has emerged concerning irregularities in the initial phase of the road network construction in Akamas....
https://knews.kathimerini.com.cy/en/news/how-russia-defies-sanctions-with-its-secret-gas-fleet
Moscow's response to Western sanctions on the Russian gas industry has revealed a strategic shift in its approach, with the creation of a 'shadow fleet' of liquefied natural gas (LNG) carriers. ...
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/news/finance-ministry-to-shield-vulnerable-homes-from-price-hikes
The forthcoming measures are set to target specific areas, not just spread thinly across the board, in the fight against rising prices....
https://knews.kathimerini.com.cy/en/news/government-mulls-support-extension-amidst-rising-costs
The Council of Ministers convenes on Thursday for an extraordinary session to approve a new package of targeted measures to alleviate pressures from price hikes....
https://knews.kathimerini.com.cy/en/news/cyprus-estonia-presidents-meet-to-strengthen-ties
In a display of camaraderie and mutual interest, Cyprus President Nikos Christodoulides and Estonian President Alar Karis met Wednesday at the Presidential Palace, highlighting the strong bond between their nations despite geographical differences. ...
https://knews.kathimerini.com.cy/en/business/audit-uncovers-mismanagement-in-cyprus-public-health-system
In a damning revelation, Auditor General Odysseas Michaelides unveiled alarming mismanagement within Cyprus' public health sector, particularly in its flagship National Health System (GESY). ...
https://knews.kathimerini.com.cy/en/news/cyprus-economy-holds-steady-amid-challenges
Canadian credit rating agency DBRS Ratings GmbH (Morningstar DBRS) has affirmed the Republic of Cyprus's long-term ratings, maintaining it at BBB (high) with a stable economic outlook. ...
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/tractors-block-streets-with-beets-and-manure-in-eu-protest
Farmers threw beets, sprayed manure at police and set hay alight on Tuesday as hundreds of tractors again sealed off streets close to the European Union headquarters, where agriculture ministers sought to ease a crisis that has led to months of protests across the 27-member bloc....
https://knews.kathimerini.com.cy/en/news/cypriot-films-buffer-zone-and-taxi-win-big-internationally
Cypriot short films ''Buffer Zone'' and ''Taxi'' have achieved international success and received awards....
https://knews.kathimerini.com.cy/en/news/guests-rejoice-as-airbnb-puts-an-end-to-spy-cameras
In a significant move applauded by privacy advocates, Airbnb has announced plans to prohibit the use of surveillance cameras in its rentals, effective April 30th. ...
https://knews.kathimerini.com.cy/en/news/small-farms-dominate-85-of-eu-agricultural-aid
Farmers with small farms constitute more than 85% of the beneficiaries of Common Agricultural Policy subsidies in Cyprus, Minister for Maria Panayiotou said in her intervention......
https://knews.kathimerini.com.cy/en/news/sunshine-breaks-through-haze-in-the-region
Embracing a high-pressure system, the region anticipates clear skies with a touch of haze. Today's forecast brings intermittent clouds......
https://knews.kathimerini.com.cy/en/news/baltimore-mayor-declares-local-state-of-emergency-after-key-bridge-collapse
Baltimore Mayor Brandon Scott has taken decisive action in the wake of the Key Bridge collapse, declaring a local state of emergency. ...
https://knews.kathimerini.com.cy/en/news/estonian-president-alar-karis-embarks-on-official-visit-to-cyprus
Estonian President Alar Karis is paying Cyprus a three-day official visit, from March 26 to 28, Government Spokesperson Konstantinos Letymbiotis told the press, after a meeting of the Cabinet on Tuesday....
https://knews.kathimerini.com.cy/en/news/erdogan-s-fate-hangs-in-the-balance-as-local-elections-loom
In a pivotal moment for Turkey, millions of voters are scheduled to participate in local elections on Sunday, March 31st, marking a crucial test for President Recep Tayyip Erdogan's popularity and the political landscape of the nation. ...
https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation
International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks.
...
https://knews.kathimerini.com.cy/en/news/white-house-faces-pressure-as-un-gaza-ceasefire-resolution-passes
The UN Security Council has passed a resolution urging a ceasefire in Gaza, a move that led to Israel canceling a high-level visit to Washington after the US abstained from the vote.
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https://knews.kathimerini.com.cy/en/business/us-sanctions-cyprus-based-entity-for-russian-sanctions-evasion
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions on Monday against thirteen entities and two individuals, including one based in Cyprus, ...
https://knews.kathimerini.com.cy/en/news/dusty-skies-and-rising-heat
Get ready for a weather rollercoaster in the region, folks! While a weak low-pressure system holds sway for now, brace yourselves for a temporary spike in high pressure starting tomorrow. ...
https://knews.kathimerini.com.cy/en/news/vasilikos-fragile-peace-amidst-delays-and-disputes
According to a report by Kathimerini's Apostolos Tomaras, Energy Minister George Papanastasiou's recent meeting with a top executive of China Petroleum Pipeline Engineering Co. Ltd., the parent company overseeing the Vasilikos energy projects,...
