https://knews.kathimerini.com.cy/en/news/eu-leaders-tackle-inflation-energy-shocks-from-russia-s-war
A day after endorsing Ukraine’s candidacy to join the European Union, the bloc’s leaders turned their attention Friday to the severe economic turbulence looming over the coming months as the full impact of Russia’s war sinks in and the threat of recession rises....
https://knews.kathimerini.com.cy/en/news/no-plan-to-bring-back-covid-restrictions-just-yet
There are no thoughts for the time being to bring back restrictions for COVID, Press Advisor of the Ηealth Μinistry, Constantinos Athanasiou, told the Cyprus News Agency, following a hike in positivity rate and cases on Friday....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-on-erdogan-the-west-and-greek-turkish-relations
Let’s start with the domestic facts and figures to dispel the widespread wishful thinking betting on the victory of the so-called “opposition front” at the next elections....
https://knews.kathimerini.com.cy/en/news/concerns-over-increasing-drugs-trafficked-through-occupied-side
Cyprus Drug Law Enforcement Unit (DLEU) on Thursday expressed concerns that drug dealers may be using Turkey to transport illegal substances to the occupied areas and then to the Cyprus Republic. This comes after drug traffickers needed to find other distribution channels following the start of the war in Ukraine....
https://knews.kathimerini.com.cy/en/business/the-great-resignation-is-set-to-continue-worldwide-as-pressure-on-pay-mounts
The “Great Resignation” will continue apace in the year ahead as one in five workers say they are likely to switch to a new employer in the next 12 months.
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https://knews.kathimerini.com.cy/en/news/earl-of-wessex-pays-visit-to-the-english-school-in-nicosia
The English School students and faculty warmly welcomed HRH Prince Edward, the Earl of Wessex, to their premises on Tuesday, 21 June 2022, as part of the celebrations of Queen Elizabeth II‘s Platinum Jubilee across the Commonwealth of Nations. The Earl was received by Headmaster David Lambon and the Board of Management....
https://knews.kathimerini.com.cy/en/news/over-2-million-euros-earmarked-to-develop-cyprus-countryside
The Deputy Ministry of Tourism has announced funding of over €2 million for projects that create “authentic experiences” in the countryside and are calling on interested parties to apply for the subsidy....
https://knews.kathimerini.com.cy/en/business/businesses-will-be-allowed-vat-deferment-without-penalties
The European Commission has approved a €20 million Cypriot VAT deferral scheme to support businesses affected by the coronavirus pandemic and the restrictive measures put in place to limit the spread of the virus....
https://knews.kathimerini.com.cy/en/news/president-welcomes-earl-and-countess-of-wessex
Cyprus President Nicos Anastasiades received the Earl and Countess of Wessex at the Presidential Palace on Tuesday morning....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-what-is-turkey-up-to
This summer, for the first time in many years, the omens concerning Greek-Turkish relations are particularly gloomy. There are many objective reasons why Turkey causing a heated incident is not the most likely scenario;...
https://knews.kathimerini.com.cy/en/news/suspected-sex-offender-facing-trafficking-charges
Police are keeping a tight lid on an arrest in connection with a sex exploitation case after a man was arrested on Sunday on indecent assault and rape charges...
https://knews.kathimerini.com.cy/en/news/forestry-warns-public-of-near-gale-winds
The forestry department warned members of the public on Tuesday, the longest day of summer, to avoid activities that involve fire in the afternoon, fearing near gale winds that could make the work of fire fighters very difficult...
https://knews.kathimerini.com.cy/en/news/transgender-women-banned-from-competing-in-women-s-events
World swimming’s governing body has effectively banned transgender women from competing in women’s events, starting Monday....
https://knews.kathimerini.com.cy/en/business/construction-materials-up-by-21-81-in-may-2022
The Price Index of Construction Materials went up by 21.81% in May 2022 compared to the corresponding month of 2021, and continued the upward trend that follows since January 2021....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-drives-sustainable-digital-innovation-in-financial-services-with-kyndryl
Kyndryl, the world's largest IT infrastructure services provider and Bank of Cyprus, the leading banking and financial services group in Cyprus, announced an agreement to expand their collaboration with a new five-year managed IT services program that advances the Bank’s ESG commitments through 2030, by supporting the Bank’s levels of service, giving access and visibility to its products to all stakeholders....
https://knews.kathimerini.com.cy/en/business/rcb-finalizes-sale-of-its-loan-portfolio-to-hellenic
RCB Bank Ltd announced that the sale of Tranche B of its performing loan portfolio to Hellenic Bank Public Company Ltd has been successfully completed....
https://knews.kathimerini.com.cy/en/news/uk-approves-julian-assange-s-extradition-to-the-us
The UK has approved Julian Assange's extradition to the US, where the WikiLeaks founder faces hacking and espionage charges, the UK Home Office confirmed Friday....
https://knews.kathimerini.com.cy/en/business/the-end-of-an-era-as-revlon-files-for-bankruptcy
The US cosmetics group Revlon has filed for bankruptcy protection after battling supply chain problems and failing to compete with celebrity-backed and social media-savvy upstarts....
https://knews.kathimerini.com.cy/en/news/switzerland-to-contribute-10-million-euros-to-assist-with-increasing-migration
The framework to implement the contribution of Switzerland to Cyprus, estimated at 10 million euros for the needs arising from the increasing migratory flows to the island was examined during a meeting on Thursday between Minister of Interior Nikos Nouris and Switzerland's ambassador to Cyprus, Pierre-Yves Fux....
https://knews.kathimerini.com.cy/en/news/central-banks-across-europe-jack-up-interest-rates-to-fight-inflation
Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings and squeezing corporate profits....
https://knews.kathimerini.com.cy/en/news/euroasia-interconnector-will-help-free-eu-from-energy-dependence
Tapping into Israel’s vast renewable sources of energy will help reduce the EU’s dependence on Russia, European Commission President Ursula von der Leyen said during her visit to Israel, highlighting the importance of Cyprus and Greece in securing energy supply....
https://knews.kathimerini.com.cy/en/news/trial-of-uk-man-accused-of-murdering-his-ailing-wife-delayed
The trial of a British man charged with the premeditated murder of his sick wife in Cyprus’ coastal resort town of Paphos was pushed back until September on Thursday, with defense lawyers arguing that David Hunter should instead be charged with assisting a suicide....
https://knews.kathimerini.com.cy/en/news/julie-fisher-will-be-the-new-us-ambassador-to-cyprus
Julie Fisher, currently serving as the US Special Envoy for Belarus, is the Biden administration's choice for the position of the new US Ambassador to Cyprus. Fisher's nomination will have to be confirmed by the Senate Foreign Relations Committee following the standard hearing process....
https://knews.kathimerini.com.cy/en/news/us-fed-raises-interest-rates-by-75-largest-hike-in-30-years
The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....
https://knews.kathimerini.com.cy/en/news/mavroyiannis-open-to-cypriot-gas-for-turkey-before-solution
AKEL-backed independent presidential candidate Andreas Mavroyiannis says Cyprus could sell natural gas to Turkey before a comprehensive solution can be reached on the island, marking a departure from official policy as well as the position of his opponents...
https://knews.kathimerini.com.cy/en/news/cyprus-tourist-arrivals-reach-80-of-2019-numbers
Tourist arrivals in Cyprus during the period January-April 2022 have reached 80% of the numbers recorded in 2019, which was a record year for Cyprus tourism, the Deputy Minister of Tourism, Savvas Perdios, has said....
https://knews.kathimerini.com.cy/en/news/cyprus-airports-to-help-combat-human-trafficking
The Ministry of Interior, the Cyprus Police, and the Social Welfare Services in collaboration with Hermes Airports have launched a joint campaign at Larnaka and Pafos airports to raise awareness of human trafficking among the traveling public and its front-line staff....
https://knews.kathimerini.com.cy/en/business/the-15-branches-of-bank-of-cyprus-that-are-closing
The restructuring plan will go ahead by July 4 - There will be 60 left while it will also reduce ATMs...
https://knews.kathimerini.com.cy/en/news/anastasiades-turkey-s-positions-are-the-epitome-of-revisionism
Turkey’s stance on Varoshia is the epitome of revisionism, President of the Republic of Cyprus Nicos Anastasiades has said when invited to comment on recent statements by Turkish Foreign Minister Mevlut Cavusoglou....
https://knews.kathimerini.com.cy/en/news/immigrant-arrivals-will-more-than-double-in-2022
The official data on illegal arrivals in territories controlled by the Republic of Cyprus are alarming. For the first half of 2022, the number of asylum seekers has skyrocketed, compared to 2021, with the current year looking to break a decade's old record....
