https://knews.kathimerini.com.cy/en/news/cyprus-banking-system-ready-to-absorb-shocks
Tasos Yasemidis, an economist, spoke to "SPOR FM 95.0" and the "DIASPORA NEWS" show about the deal for the acquisition of Swiss bank Credit Suisse by UBS and how it affects the banking sector in Cyprus, ...
https://knews.kathimerini.com.cy/en/comment/opinion/structural-integrity-certificates-should-be-made-mandatory
The recent earthquakes in neighboring countries, as well as the aftershocks, felt in Cyprus, have brought to the forefront what we have been saying for years: the need to check the suitability of all our buildings on a regular basis....
https://knews.kathimerini.com.cy/en/news/ubs-steps-in-to-buy-rival-credit-suisse
Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal...
https://knews.kathimerini.com.cy/en/news/italy-weighs-in-as-cypriot-fund-goes-after-lukoil-plant
An Israeli-backed Cypriot fund’s deal to buy a Lukoil-owned refinery in Italy is hanging in the balance ahead of a Cabinet meeting in Rome possibly this week, when veto powers would be weighed against energy hub aspirations that could replace Russian gas and put the final nail in the coffin of a proposed EastMed pipeline...
https://knews.kathimerini.com.cy/en/news/credit-suisse-borrows-more-than-$50-billion-from-swiss-national-bank
Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....
https://knews.kathimerini.com.cy/en/news/expert-says-cliff-death-accident-story-checks-out
Cyprus Police are rolling back statements on a murder investigation in the cliff death of a Ukrainian woman, after a private forensic examiner tasked by the suspect announced to the media that his client’s version of events about a tragic accident checked out...
https://knews.kathimerini.com.cy/en/news/hsbc-buys-failed-silicon-valley-bank-in-bid-to-stem-fallout
Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....
https://knews.kathimerini.com.cy/en/business/digital-app-to-compare-product-prices-in-the-works
Following the withdrawal of the Household Basket proposal in Cyprus, the Consumer Protection Service is now promoting the preparation of a bill for the implementation of a digital tool that will enable the daily comparison of retail prices of products....
https://knews.kathimerini.com.cy/en/news/criticism-grows-as-europe-pushes-to-restrict-cars-in-cities
In an effort to ease traffic congestion and curb greenhouse gas emissions causing climate change, municipalities from Barcelona to Brussels have embarked on what has been called a “transportation revolution.”...
https://knews.kathimerini.com.cy/en/news/minister-of-labor-in-the-hot-seat-on-cola-issue
The President of the Republic's directive to the new members of the government that there is no time to waste and that the government should ramp up the initiation of its projects effectively overrides some ministries where pending issues are pressing. ...
https://knews.kathimerini.com.cy/en/news/eu-warns-hungary-about-moving-its-embassy-to-jerusalem
Only a few days after Israeli media reported that the ministers of foreign affairs of Israel and Hungary had reached an agreement to move the Hungarian embassy in Israel from Tel Aviv to Jerusalem, the European Union authorities slammed such a plan....
https://knews.kathimerini.com.cy/en/news/the-right-to-quality-treatment-for-all-says-health-minister
Newly appointed Minister of Health Popi Kanari has said that if we let the General Healthcare System (GeSY) collapse, then the entire state will collapse, stressing that she is in favour of qualitative and quantitative controls to improve the system....
https://knews.kathimerini.com.cy/en/news/hate-speech-rampant-in-cyprus-despite-progress
Hate speech affecting several groups remains widespread in the Cypriot public discourse, the European Commission against Racism and Intolerance (ECRI) said on Tuesday in a report on Cyprus. ...
https://knews.kathimerini.com.cy/en/business/germany-turns-to-foreign-and-migrant-workers-to-fill-positions
Germany has decided to turn to migrants as well as foreigners to try and fill job positions as the country continues to face a growing crisis....
https://knews.kathimerini.com.cy/en/business/ey-presents-report-on-the-future-of-banking-in-cyprus
The report showcases the importance and contribution of Cypriot banks to the wider economy and society, and identifies current and upcoming challenges and opportunities...
https://knews.kathimerini.com.cy/en/comment/opinion/thinking-of-investing-in-real-estate-don-t-do-it
A lack of financial literacy can lead people to consider investing in direct real estate. This a provocative statement to say the least, so let me explain....
https://knews.kathimerini.com.cy/en/news/relations-between-greece-and-turkey-turn-a-new-page-says-cavusoglu
Reflecting the new mood pervading Greek-Turkish relations in the wake of the devastating earthquakes in Turkey, Foreign Minister Mevlut Cavusoglu made reference on Tuesday to a “new page” in relations between Athens and Ankara....
https://knews.kathimerini.com.cy/en/news/averof-to-christodoulides-you-can-rely-on-disy
The meeting between President-elect Nicos Christodoulides and DISY President Averof Neophytou was described as "excellent" by President-elect Nicos Christodoulides....
https://knews.kathimerini.com.cy/en/news/chinese-spy-balloon-contained-surveillance-equipment
The Chinese spy balloon that the U.S. shot down over the Atlantic Ocean last weekend carried high-tech equipment capable of collecting communications signals and other sensitive information, the U.S. government said Thursday....
https://knews.kathimerini.com.cy/en/news/top-putin-ally-threatening-to-invade-poland
Ramzan Kadyrov, a key ally of Russian President Vladimir Putin, has begun rattling off threats about attacking Poland after Ukraine....
https://knews.kathimerini.com.cy/en/news/us-looking-for-wreckage-of-a-possible-chinese-spy-balloon
US Navy divers are working to recover the wreckage of the Chinese surveillance balloon that was shot down off the coast of South Carolina....
https://knews.kathimerini.com.cy/en/news/christodoulides-certain-he-will-be-the-next-president-of-cyprus
Presidential candidate, Nikos Christodoulides, has expressed certainty that he will be the winner of the elections, noting that he will seek to have meetings with Cyprus President, Nicos Anastasiades, and Democratic Party leader, Averof Neofytou, in view of the second round of the presidential elections that will take place on February 12....
https://knews.kathimerini.com.cy/en/business/€10-million-worth-of-grants-approved-for-women-entrepreneurs
A total of 187 applications submitted by women were approved in 2021 for the amount of 10.6 million euros, in the framework of the New Entrepreneurship Programme covering the period 2021-2027, ...
https://knews.kathimerini.com.cy/en/news/eu-pushing-to-create-a-common-european-degree-label
Mariya Gabriel, the European Commissioner for Innovation, Research, Culture, Education, and Youth, has launched ten Erasmus+ projects to foster new forms of cooperation among higher education institutions across the EU....
https://knews.kathimerini.com.cy/en/news/guarantor-wants-off-the-hook-over-old-bad-loan
Cyprus’ financial commissioner came to the rescue of a loan guarantor who says he should not have to pay anything because a former credit union had failed to send him default notices 'without delay' concerning non-payment by the primary beneficiary...
https://knews.kathimerini.com.cy/en/news/turkey-wants-to-become-a-natural-gas-supermarket
Turkey will hold a natural gas summit on February 14-15 to bring together gas supplier countries and Europe’s consumer countries in Istanbul, Turkish Energy Minister Fatih Donmez said on Monday....
https://knews.kathimerini.com.cy/en/news/cyprus-taps-into-expat-travel-pros-across-the-pond
Tourism Deputy Minister Savvas Perdios has concluded a first visit to Washington and New York with a view to gathering information and promoting Cyprus as a tourism destination with a 'positive impression' he told CNA....
https://knews.kathimerini.com.cy/en/news/eu-wants-to-send-migrants-back-to-their-country-of-origin
European Union migration ministers meet on Thursday to discuss visa restrictions and better coordination inside the bloc to be able to send more people with no right to asylum in Europe back to their home countries including Iraq....
https://knews.kathimerini.com.cy/en/news/pope-declares-being-gay-a-sin-but-not-a-crime
Pope Francis has declared homosexuality a 'sin' but not a 'crime' as he branded laws that criminalize gay people 'unjust'....
https://knews.kathimerini.com.cy/en/news/pega-s-amendment-games
The debate on Cyprus will turn into a game of balances and... amendments in relation to the draft report of the European Parliament's Committee of Inquiry into Surveillance Software (PEGA), ...
