https://knews.kathimerini.com.cy/en/news/dbrs-morningstar-cyprus-shows-strong-recovery-in-tackling-bad-loans
Cyprus is starting to see some positive shifts in its financial sector, particularly when it comes to tackling non-performing loans (NPLs) – loans that borrowers have stopped paying. ...
https://knews.kathimerini.com.cy/en/news/the-declaration-of-the-trnc-a-turning-point-in-the-cyprus-conflict
On 15 November 1983, the Turkish Cypriot side unilaterally declared the occupied territories as the "Turkish Republic of Northern Cyprus" (TRNC)....
https://knews.kathimerini.com.cy/en/news/experts-warn-certain-google-searches-can-lead-to-hacking
Cybersecurity experts are urging caution when using Google search, revealing that some common search terms can expose users to serious risks, including hacking and malware infections....
https://knews.kathimerini.com.cy/en/news/boc-finalizes-sale-of-troubled-loans-to-boost-stability-and-growth
In September 2024, the Bank of Cyprus reached a deal with funds linked to Cerberus Global Investments B.V. to sell a portfolio of non-performing loans—primarily business loans backed by collateral. ...
https://knews.kathimerini.com.cy/en/news/cyprus-police-join-european-crackdown-on-unsafe-truck-and-bus-driving
Cyprus Police will step up roadside inspections on truck and bus drivers from Nov. 11 to 17 as part of a Europe-wide initiative to reduce traffic accidents and promote safer roads. ...
https://knews.kathimerini.com.cy/en/comment/opinion/why-i-almost-voted-for-trump—and-why-many-americans-did
I’ve been a staunch Democrat my whole life, but as I look at the results of the latest election, I can’t say I’m entirely shocked by Trump’s success. ...
https://knews.kathimerini.com.cy/en/news/australia-to-ban-under-16s-from-social-media-in-global-first
Australia’s government plans to introduce what it describes as "world-leading" legislation that would prohibit children under 16 from using social media, Prime Minister Anthony Albanese announced....
https://knews.kathimerini.com.cy/en/news/fed-cuts-rates-by-0-25-economic-activity-expands-steadily
The Federal Reserve on Thursday cut interest rates by 0.25 percentage points for the second consecutive meeting, bringing the target range to 4.50% to 4.75%, as expected. The decision was unanimous....
https://knews.kathimerini.com.cy/en/news/netanyahu-fires-defense-minister-gallant-amid-growing-political-tensions
Israeli Prime Minister Benjamin Netanyahu has dismissed Defense Minister Yoav Gallant after prolonged disputes on national security and domestic issues, further straining Netanyahu's coalition government....
https://knews.kathimerini.com.cy/en/news/urgent-airbag-recall-thousands-of-cars-in-cyprus-at-risk
Thousands of vehicles in Cyprus may be equipped with potentially dangerous Takata airbags, as the recall process for these defective products remains incomplete. ...
https://knews.kathimerini.com.cy/en/news/parents-concerned-over-nicotine-pouches-freely-sold-on-market
Nicotine pouches, freely available in the market, are causing growing alarm among parents, as reported in an interview with Elena Panagiotopoulou, Director of Pharmaceutical Services, hosted by The Vanguard....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-2024-deadline-to-align-with-eu-regulations-on-foreign-investments
Cyprus faces a deadline by the end of 2024 to align with the European regulation governing large foreign investments....
https://knews.kathimerini.com.cy/en/news/greek-american-community-in-queens-divided-as-us-election-stirs-deep-tensions
In Astoria, Queens—a long-standing Greek-American hub—the upcoming U.S. election has created deep rifts in a typically tight-knit community....
https://knews.kathimerini.com.cy/en/news/parliament-considers-chemical-castration-for-child-sex-offenders
Cyprus is set to debate a bill that could bring chemical castration as a sentencing option for convicted child sex offenders, according to a report by Pavlos Neophytou in this Sunday's Kathimerini. ...
https://knews.kathimerini.com.cy/en/news/ai-holds-key-to-curing-social-ills-inequality
Artificial intelligence has the potential to eliminate diseases, lift billions out of poverty, combat depression, and tackle social issues....
https://knews.kathimerini.com.cy/en/news/cyprus-gains-investor-confidence-as-economic-reforms-us-ties-bolster-growth
International investors have shown sustained confidence in Cyprus’ economy and business ecosystem, recognizing the country as a stabilizing force in the region......
https://knews.kathimerini.com.cy/en/news/north-korea-sends-10-000-troops-to-aid-russia-sparking-international-alarm
Western leaders say North Korea has sent roughly 10,000 soldiers to bolster Russia’s military campaign in Ukraine, a move Ukrainian President Volodymyr Zelenskyy says risks escalating the conflict beyond Ukrainian borders....
https://knews.kathimerini.com.cy/en/business/cyprus-faces-financial-imbalance-as-assets-fall-short-of-liabilities
As of December 2023, Cyprus' economy is navigating a complex financial landscape, with total assets in financial instruments reaching €869 billion. However, the country also faces a notable financial shortfall, with liabilities exceeding assets by about €29 billion....
https://knews.kathimerini.com.cy/en/business/cyprus-achieves-first-a-level-credit-rating-in-major-milestone
Scope Ratings has upgraded Cyprus's credit rating to A- from BBB+, marking the country's first A-level rating from a major credit agency....
https://knews.kathimerini.com.cy/en/news/clocks-fall-back-but-the-debate-over-daylight-saving-time-ticks-on
As clocks across Cyprus and much of Europe turned back an hour early Sunday, the annual ritual of falling back once again sparked the question: Is it time to let go of daylight saving time?...
https://knews.kathimerini.com.cy/en/news/lecture-by-renowned-entrepreneur-john-christodoulou-at-european-university-cyprus
The School of Business of European University Cyprus (EUC), demonstrating its commitment to making a meaningful impact in the business sector and society, hosted a prestigious lecture featuring world-renowned London-based Cypriot-born entrepreneur, John Christodoulou....
https://knews.kathimerini.com.cy/en/news/cyprus-and-u-s-strengthen-crime-fighting-cooperation
The House Plenary of Cyprus approved an important agreement on Thursday aimed at boosting cooperation between Cyprus and the United States in the fight against serious crime....
https://knews.kathimerini.com.cy/en/news/14-year-old-arrested-in-ai-image-manipulation-scandal-at-famagusta-school
The British Bases (BB) in Dhekelia are investigating a serious case at a Famagusta District high school, where male students allegedly used artificial intelligence to manipulate unauthorized photos of female students and teachers, transforming them into indecent images....
https://knews.kathimerini.com.cy/en/news/the-new-era-of-accounting-services-a-complete-solution-for-cfos
Comprehensive Solutions for CFOs in the Modern Accounting Landscape, in the fast-paced business world of today, strategic financial management has become increasingly critical....
https://knews.kathimerini.com.cy/en/news/cbc-urges-banks-to-show-social-responsibility-despite-sector-s-strength
The Central Bank of Cyprus (CBC) released its annual Financial Stability Report for 2023 on Tuesday, indicating that the financial sector is overall strong and capable of handling unexpected challenges. ...
https://knews.kathimerini.com.cy/en/news/putin-urges-dollar-ditch-but-asks-summit-guests-for-dollars-and-euros
Russian President Vladimir Putin is leading efforts to reduce global reliance on the US dollar by promoting "de-dollarization" at a summit with over 20 world leaders. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cypriot-banks-sending-loans-abroad-a-growing-risk
Yesterday, I had a conversation with someone who truly understands banking—probably more knowledgeable than many who think they do....
https://knews.kathimerini.com.cy/en/business/spike-in-suspicious-transactions-as-cyprus-freezes-over-€25-million-in-illicit-assets
Reports of suspicious transactions in Cyprus have risen sharply in 2023, reaching levels similar to those in 2021, as per a story by Kathimerini's Dorita Yiannakou....
https://knews.kathimerini.com.cy/en/news/finance-minister-stands-firm-on-economic-stability-amid-rising-pressures
In a recent interview with Andreas Kimitris, Cyprus Finance Minister Makis Keravnos spoke candidly about his firm stance on the country’s economic stability. ...
https://knews.kathimerini.com.cy/en/news/global-debt-to-exceed-$100-trillion-this-year
Global public debt is nearing the size of the world economy, posing risks to living standards in developed nations, the International Monetary Fund (IMF) warned....
