https://knews.kathimerini.com.cy/en/news/euronet-remains-only-bidder-in-delayed-jcc-payment-systems-sale
The process for the sale of JCC Payment Systems, which began confidentially over the summer, appears to have hit a "snag," with Euronet as the only prospective buyer.
...
https://knews.kathimerini.com.cy/en/news/new-eu-rules-open-cyprus-s-troubled-loan-market-to-foreign-investors
In a move that could reshape Cyprus's financial landscape, Parliament recently passed a European Directive that makes it easier for foreign investors to buy non-performing loans (NPLs) in the country....
https://knews.kathimerini.com.cy/en/news/eu-pushing-for-economic-ties-with-turkey-but-where-does-that-leave-cyprus
According to Kathimerini's Pavlos Xanthoulis, Brussels and Berlin are working to upgrade the Turkish Customs Union, viewing it as a pathway to strengthen economic ties with Turkey. ...
https://knews.kathimerini.com.cy/en/business/ft-dutch-court-rules-heineken-must-pay-millions-for-greek-subsidiary-violations
According to a report in the Financial Times, a Dutch court has ruled that Heineken is responsible for competition violations linked to its Greek subsidiary, Athenian Brewery, dating back to the 1990s. ...
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/customs-seizures-spark-confusion-over-green-line-fuel-rules
The Commissioner for Administration and Human Rights, Maria Stylianou-Lottidi, has called on the Cyprus Customs Department to urgently clarify the rules on transferring fuel from the occupied territories. ...
https://knews.kathimerini.com.cy/en/business/cyprus-investment-funds-grow-to-€9-4-billion-in-2024
Investment companies in Cyprus collectively manage assets worth €9.4 billion, with the amount growing by about 2.9% in the second quarter of 2024 but still below last year's figures....
https://knews.kathimerini.com.cy/en/news/avvakoum-monks-counterattack-with-book-church-the-mafia-state-of-cyprus
Monks deposed in connection with the Avvakoum scandal are preparing to fight back with a forthcoming book titled 'Church - The Mafia State of Cyprus'...
https://knews.kathimerini.com.cy/en/news/greece-rejects-six-nautical-mile-concessions-with-turkey
Greece has firmly ruled out any compromise on reducing its territorial waters to six nautical miles in its ongoing dispute with Turkey, a senior government official said, dispelling speculation about potential concessions ahead of crucial diplomatic talks....
https://knews.kathimerini.com.cy/en/news/three-economists-win-nobel-for-studying-why-nations-fail
Economists Daron Acemoglu, Simon Johnson, and James A. Robinson have been awarded the 2024 Nobel Prize in Economics for their research on how institutions shape societies' welfare. Announced by the Royal Swedish Academy of Sciences, the trio will share the 11 million kroner ($1.1 million) prize....
https://knews.kathimerini.com.cy/en/news/harry-potter-s-marketing-guru-using-movie-magic-to-market-your-brand
Jason Bevan, a creative force behind the marketing of blockbuster franchises like 'Harry Potter', 'The Dark Knight', and 'Fantastic Beasts', recently visited Cyprus to speak at the Digital Agenda Summit....
https://knews.kathimerini.com.cy/en/comment/opinion/a-black-day-for-justice-in-cyprus
September 18, 2024 will be marked as another Black Day for Democracy and the start of a slippery road to a new phase in the political life of Cyprus....
https://knews.kathimerini.com.cy/en/news/french-court-clears-cyprus-in-$1-4-billion-fbme-bank-case
France’s highest court has brought an end to the $1.4 billion legal battle over the resolution of FBME Bank, ruling that the Central Bank of Cyprus (CBC) acted prudently and did not breach any obligations under a bilateral investment treaty between Cyprus and Lebanon....
https://knews.kathimerini.com.cy/en/news/eight-arrested-in-cyprus-over-alleged-terrorism-links
The arrest of eight people in a coordinated operation by police in Paphos and Limassol has drawn significant attention, as the suspects appear to be linked to terrorism-related activities....
https://knews.kathimerini.com.cy/en/business/exness-ceo-cut-red-tape-to-boost-europe-s-economy
Petr Valov, CEO of Exness, has called for the reduction of excessive regulations in Europe, arguing that deregulation could help boost the region's economic competitiveness....
https://knews.kathimerini.com.cy/en/news/echr-rules-cyprus-violated-syrian-refugees-rights
The European Court of Human Rights (ECHR) has ruled that the Republic of Cyprus violated the human rights of two Syrian refugees after intercepting their boat and preventing them from reaching Cypriot shores....
https://knews.kathimerini.com.cy/en/news/the-program-for-the-digital-agenda-cyprus-summit-2024
The premier conference of the new era, the **Digital Agenda Cyprus Summit**, will take place on **October 9** at the Nicosia Municipal Theatre....
https://knews.kathimerini.com.cy/en/news/eu-court-blocks-partial-safe-zones-for-refugee-returns
The European Court of Justice has ruled against the fragmentation of third countries into "safe" and "unsafe" areas, a decision that affects efforts......
https://knews.kathimerini.com.cy/en/news/eu-takes-cyprus-to-court-over-tax-law-delays
The European Commission has referred Cyprus, along with Spain, Poland, and Portugal, to the European Court of Justice for failing to implement the 2022 directive on a global minimum level of taxation for multinational corporations and large companies (Pillar 2 directive)....
https://knews.kathimerini.com.cy/en/news/greek-cypriot-dialect-preserves-ancient-greek-roots
Greek and Greek Cypriot dialects have distinct characteristics that have developed over millennia. ...
https://knews.kathimerini.com.cy/en/news/president-christodoulides-urges-stronger-oversight-with-new-auditor-general
Andreas Papaconstantinou was officially appointed as Cyprus' new Auditor General on Wednesday, following a ceremony at the Presidential Palace with President Nikos Christodoulides.
...
https://knews.kathimerini.com.cy/en/news/cypriot-mep-questions-fairness-of-auditor-general-s-firing
Cypriot Member of the European Parliament (MEP) Fidias Panayiotou has submitted a parliamentary question to the European Commission regarding the recent dismissal of Cyprus’s Auditor General, Odysseas Michaelides. ...
https://knews.kathimerini.com.cy/en/news/convicted-murderer-escapes-during-family-visit-in-paphos
Authorities in Cyprus are conducting a large-scale manhunt to locate 42-year-old convicted murderer Doros Theofanous, who escaped police custody Thursday during a family visit in Choletria, Paphos. ...
https://knews.kathimerini.com.cy/en/business/the-rise-of-applied-regulatory-compliance-from-theory-to-practice
As regulatory expectations continue to soar, it is clear that firms must shift from mere consultation to actionable compliance. ...
https://knews.kathimerini.com.cy/en/news/two-leaders-two-visions-for-cyprus
Significant developments emerged during the recent United Nations General Assembly (UNGA) as Turkish President Tayyip Erdogan reiterated his support for a two-state solution in Cyprus,...
https://knews.kathimerini.com.cy/en/business/tighter-lending-rules-for-businesses-while-household-loans-remain-steady
Cypriot banks made it harder for businesses to get loans in the second quarter of 2024, while lending rules for households stayed the same, according to a new survey by the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/news/education-minister-calls-for-mobile-phone-ban-over-gambling-worries
Due to worries about students getting involved in online gambling during school breaks, Education Minister Athena Michaelidou is calling for a ban on mobile phones in secondary schools....
https://knews.kathimerini.com.cy/en/news/parliament-to-review-leadership-replacement-rules
Cyprus' Parliament Speaker Annita Demetriou has called for urgent talks to establish clear rules for permanently replacing the President and Speaker of Parliament when needed....
https://knews.kathimerini.com.cy/en/news/odysseas-michaelides-removed-court-cites-breach-of-public-trust
The court’s extensive ruling regarding the dismissal of Odysseas Michaelides from the role of Auditor General introduces new legal precedents concerning the public conduct of institutional figures and those tasked with serving the public interest....
https://knews.kathimerini.com.cy/en/news/tensions-flare-over-auditor-general-appointment-threat
Cyprus is facing a political storm after DIKO MP Zacharias Koulias repeated his threat to appoint a new auditor general while temporarily leading Parliament next week, ...
