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12° Nicosia,
17 June, 2024
 

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1. Small homeless communities pop up in US cities

https://knews.kathimerini.com.cy/en/news/small-homeless-communities-pop-up-in-us-cities

In a dreary part of downtown Atlanta, shipping containers have been transformed into an oasis for dozens of previously unsheltered people who now proudly call a former parking lot home....

2. Police investigate cyclist's death in Nicosia

https://knews.kathimerini.com.cy/en/news/police-investigate-cyclist-s-death-in-nicosia

Authorities in Nicosia are investigating the tragic death of Sotiris Petridis, 43, who passed away yesterday afternoon after a bicycle accident....

3. Farmakas wildfire linked to EAC equipment failure

https://knews.kathimerini.com.cy/en/news/farmakas-wildfire-linked-to-eac-equipment-failure

A fire that ravaged 3.2 square kilometers in Farmakas was determined to have been sparked by a short circuit in an EAC transformer, according to statements from both the Fire Service and EAC officials....

4. President appoints Dr. Nicholas A. Ioannidis as Deputy Minister of Immigration

https://knews.kathimerini.com.cy/en/news/president-appoints-dr-nicholas-a-ioannidis-as-deputy-minister-of-immigration

President Nikos Christodoulides has appointed Dr. Nicholas A. Ioannidis as Deputy Minister of Immigration and International Protection, utilizing his constitutional powers. ...

5. Limassol Blu Marine Zeus Tower construction update

https://knews.kathimerini.com.cy/en/news/limassol-blu-marine-zeus-tower-construction-update

The Leptos Group is proud to announce the ongoing construction of the highly anticipated Zeus Tower - Signature Collection, the second tower of the renowned Limassol Blu Marine development....

6. Schools to close early on Friday due to heatwave

https://knews.kathimerini.com.cy/en/news/schools-to-close-early-on-friday-due-to-heatwave

Education Minister Athina Michaelidou defended the government's decision to suspend classes early on Friday due to soaring temperatures, calling it a balanced approach despite inevitable discontent....

7. New global report launched at Global Family Business Summit

https://knews.kathimerini.com.cy/en/news/new-global-report-launched-at-global-family-business-summit

The Global Family Business report from KPMG Private Enterprise and the STEP Project Global Consortium reveals how some successful business families adopt a future-centric view of legacy that binds generations together, creating dynamic legacies that adhere with tradition while simultaneously embracing innovation...

8. Eurobank increases stake in Hellenic Bank to 55.48%

https://knews.kathimerini.com.cy/en/business/eurobank-increases-stake-in-hellenic-bank-to-55-48

Eurobank's share in Hellenic Bank has increased to 55.48%, after the latest acquisition of 240.303 shares, for €0.62 million....

9. Epic customer service: 136 wins Best Contact Centre plus 5 more awards

https://knews.kathimerini.com.cy/en/news/epic-customer-service-136-wins-best-contact-centre-plus-5-more-awards

Epic introduced to the Cyprus market a unique combination of two powerful elements: a great network with great value. ...

10. Newly elected leaders of Nicosia District officially announced

https://knews.kathimerini.com.cy/en/news/newly-elected-leaders-of-nicosia-district-officially-announced

The newly elected mayors, municipal councilors, school superintendents, community mayors, and community council members of the Nicosia district were officially proclaimed on Tuesday....

11. Eurobank boosts stake in Hellenic Bank with over 500,000 shares

https://knews.kathimerini.com.cy/en/business/eurobank-boosts-stake-in-hellenic-bank-with-over-500-000-shares

Eurobank has acquired 503,934 more shares in Hellenic Bank, for the cost of €1.29 mn, increasing its share at 55.42%....

12. Charalambos Prountzos elected as Nicosia mayor by wide margin

https://knews.kathimerini.com.cy/en/news/charalambos-prountzos-elected-as-nicosia-mayor-by-wide-margin

Charalambos Prountzos has been elected as the new Mayor of Nicosia by a significant margin....

13. Cyprus prepares for major local government reform

https://knews.kathimerini.com.cy/en/news/cyprus-prepares-for-major-local-government-reform

The June 9 elections mark the final step before the significant milestone on July 1, 2024, when a new local government structure will be established in Cyprus, Apostolos Tomaras reports. ...

14. Olive oil prices soar 65% in Cyprus in May 2024

https://knews.kathimerini.com.cy/en/news/olive-oil-prices-soar-65-in-cyprus-in-may-2024

Olive oil prices in Cyprus surged by 65% in May 2024 compared to the same month last year, and increased by 2% from April 2024, according to the Consumer Index table compiled by the Cyprus Consumer Association and released on Friday....

15. Delivery services halted for 4 hours in extreme heat

https://knews.kathimerini.com.cy/en/news/delivery-services-halted-for-4-hours-in-extreme-heat

In response to an orange warning for extremely high temperatures, the Department of Labor Inspection (tee) of the Ministry of Labor and Social Insurance has mandated a halt to all outdoor heavy and moderate work between 12:00 and 16:00....

16. Turkey-Greece relations could improve but Cyprus policy stays the same

https://knews.kathimerini.com.cy/en/news/turkey-greece-relations-could-improve-but-cyprus-policy-stays-the-same

Turkish Cypriot leader Ersin Tatar emphasized that while relations between Turkey and Greece have the potential to bring mutual benefits, Turkey’s policy on Cyprus remains unchanged. ...

17. Heatwave leads to fainting and nosebleeds in schools

https://knews.kathimerini.com.cy/en/news/heatwave-leads-to-faintings-and-nosebleeds-in-schools

Incidents of children experiencing dizziness and nosebleeds due to high temperatures have been reported in schools, according to POED President Myria Vassiliou....

18. New banknotes featuring King Charles released in the UK

https://knews.kathimerini.com.cy/en/news/new-banknotes-featuring-king-charles-released-in-the-uk

Banknotes bearing the portrait of King Charles III have been released into circulation for the first time today. ...

19. 900 tourists in Cyprus affected by FTI Group bankruptcy

https://knews.kathimerini.com.cy/en/business/900-tourists-in-cyprus-affected-by-fti-group-bankruptcy

Around 900 tourists who purchased travel packages from the German-based FTI Group, which has recently filed for bankruptcy, are currently in Cyprus, Deputy Minister of Tourism Kostas Koumis said Tuesday....

20. Nicosia General Hospital's Trauma Center treats over 500 since launch

https://knews.kathimerini.com.cy/en/news/nicosia-general-hospital-s-trauma-center-treats-over-500-since-launch

President of the Republic of Cyprus Nikos Christodoulides inaugurated Monday the Trauma Center at the Nicosia General Hospital saying that the state......

21. Elections 2024: When, where, and how it all happens

https://knews.kathimerini.com.cy/en/news/elections-2024-when-where-and-how-it-all-happens

Preparations for the June 9 elections in Cyprus are nearing completion, according to Menelaos Vassiliou, Head of the Electoral Service. Vassiliou assured that all necessary procedures are in the final stages and everything will be ready for a smooth election day....

22. Dueling visions from Nicosia's mayoral candidates

https://knews.kathimerini.com.cy/en/news/dueling-visions-from-nicosia-s-mayoral-candidates

In the bustling streets of Nicosia, the race for mayoral office is heating up, with candidates Nikos Tornaritis and Charalambos Prountzos vying for the helm of Cyprus's capital city...

23. Government clears €564.2 million in outstanding debts

https://knews.kathimerini.com.cy/en/news/government-clears-€564-2-million-in-outstanding-debts

The General Accounting Office of the Republic announced that a significant sum of €564.2 million has been cleared by the government from November 2013 to April 2024. This extensive effort aims to address outstanding debts owed to various government departments and agencies....

24. CDB Bank partners with Bank of New York Mellon

https://knews.kathimerini.com.cy/en/news/cdb-bank-partners-with-bank-of-new-york-mellon

cdbbank announces the beginning of its cooperation with the Bank of New York Mellon as correspondent bank. ...

25. Cyprus wins IMF praise for strong recovery

https://knews.kathimerini.com.cy/en/news/cyprus-wins-imf-praise-for-strong-recovery

The International Monetary Fund (IMF) has praised Cyprus for its robust economic recovery and fiscal discipline, recommending continued efforts......

26. Cyprus ship management revenue up despite global challenges

https://knews.kathimerini.com.cy/en/news/cyprus-ship-management-revenue-up-despite-global-challenges

Revenue from Cyprus' ship management industry rose by 2.4% in the second half of 2023, despite facing significant global challenges such as rising freight costs and geopolitical tensions, including disruptions in the Red Sea by Houthi forces....

27. Woman arrested after clash with police over self-harm threat

https://knews.kathimerini.com.cy/en/news/woman-arrested-after-clash-with-police-over-self-harm-threat

Police authorities sprang into action following reports of a 61-year-old female resident, under court order for eviction, allegedly dousing herself with gasoline and threatening self-immolation. ...

28. A picture is worth a thousand words

https://knews.kathimerini.com.cy/en/comment/opinion/a-picture-is-worth-a-thousand-words

A picture is worth a thousand words, a picture is a gut punch. In Paphos, a woman with a cane lies on the ground in front of a bus stop. Thousands of similar scenes unfold across Nicosia and other cities,...

29. May Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

https://knews.kathimerini.com.cy/en/business/1-may-newsletter-of-k-treppides-co-ltd-cyprus-securities-and-exchange-commission-european-securities-and-markets-authority

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...

30. Contract for Larnaca port and marina upgrade terminated

https://knews.kathimerini.com.cy/en/business/contract-for-larnaca-port-and-marina-upgrade-terminated

The redevelopment contract for the port and marina of Larnaca has been officially terminated, effective immediately as of 8:30 a.m. on May 27, according to a report by Apostolos Tomaras....

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