https://knews.kathimerini.com.cy/en/news/why-astrobank-and-cdb-bank-couldn-t-agree-on-a-price
The deal between Astrobank and CDB Bank fell apart over a few million euros, even though they had given a "reason" and had agreed on the price in September 2023....
https://knews.kathimerini.com.cy/en/news/russian-depositor-triumphs-over-laiki-bank-s-2013-haircut
The Legal Service, on behalf of the Republic of Cyprus and the Central Bank of Cyprus (CBC), will appeal the decision of the Limassol District Court, which awarded compensation to a depositor of the former Laiki Bank for the 2013 deposit haircut, according to CNA....
https://knews.kathimerini.com.cy/en/news/life-expectancy-in-cyprus-drops-to-81-3-years
Data released by Eurostat, the statistical service of the European Union, reveals that life expectancy in Cyprus has declined to 81.3 years....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-and-hellenic-bank-upgraded-by-fitch
Fitch Ratings has delivered significant upgrades to the two largest Cypriot banks, Bank of Cyprus and Hellenic Bank, signaling a positive turn in Cyprus's economic landscape and a bright outlook for both financial institutions....
https://knews.kathimerini.com.cy/en/news/jetblue-challenges-klm-s-jfk-presence-over-amsterdam-flight-reductions
JetBlue has asked the U.S. Department of Transportation to remove KLM Royal Dutch Airlines from John F. Kennedy International Airport after the Dutch government announced plans to reduce flights at Amsterdam’s Schiphol Airport....
https://knews.kathimerini.com.cy/en/news/un-warns-of-potential-war-crimes-amid-israel-gaza-violence-surge
The United Nations has warned that there was “clear evidence” that war crimes may have been committed in “the explosion of violence in Israel and Gaza”....
https://knews.kathimerini.com.cy/en/business/october-newsletter-of-k-treppides-co-ltd-financial-conduct-authority-fca
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. ...
https://knews.kathimerini.com.cy/en/news/eu-s-call-for-humanitarian-pauses-draws-attention-ahead-of-un-vote
European Union leaders have stopped short of calling for a ceasefire in Gaza, instead appealing for humanitarian “pauses” to provide aid, as the UN warned its operations were being “paralyzed” by Israel’s bombardment of the besieged enclave....
https://knews.kathimerini.com.cy/en/news/government-unveils-€77-million-housing-policy-to-tackle-housing-crisis
Interior Minister Konstantinos Ioannou introduced the government's new housing policy. In his opening statement, Mr. Ioannou outlined a comprehensive plan involving multiple levels of actions and measures, which allocates €77 million over a five-year period for the implementation of specific initiatives....
https://knews.kathimerini.com.cy/en/business/october-newsletter-of-k-treppides-co-ltd-cysec-eba-guidelines-on-outsourcing
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. A newsletter issue from Treppides is an essential tool for those who are engaged in the broader financial and business sector, as one can find through the pages all the important and current developments, as well as the latest news relating to financial, audit and assurance, tax as well as legal services....
https://knews.kathimerini.com.cy/en/news/israeli-military-launches-limited-raids-into-gaza-amid-rising-tensions
Israel's military has said that ground forces mounted limited raids into Gaza overnight to fight Palestinian gunmen and that air strikes were being focussed on sites where Hamas was assembling to attack any wider Israeli invasion....
https://knews.kathimerini.com.cy/en/comment/opinion/real-estate-market-remains-unpredictable-despite-economic-chaos
Everything around us exudes a sense of precision. Costs are on the rise, from the basic materials used in production to the final products we consume. ...
https://knews.kathimerini.com.cy/en/news/stockholm-takes-bold-move-by-banning-petrol-and-diesel-cars-in-city-center
Stockholm has announced plans to become the first big capital city to ban petrol and diesel cars from its center, in an effort to slash pollution and reduce noise....
https://knews.kathimerini.com.cy/en/news/did-iran-fuel-hamas-attack-on-israel
The US intelligence community is digging through its stores of data and tasking the nation’s spy agencies to hunt for fresh clues to determine whether Iran played a direct role in Saturday’s deadly attack on Israel by Hamas, a senior Biden administration official said Tuesday....
https://knews.kathimerini.com.cy/en/business/1-october-newsletter-of-k-treppides-co-ltd-esma
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. ...
https://knews.kathimerini.com.cy/en/news/sweden-s-military-called-to-combat-daily-shootings-and-bombings
Sweden’s prime minister on Thursday said that he’s summoned the head of the military to discuss how the armed forces can help police deal with an unprecedented crime wave that has shocked the country with almost daily shootings and bombings....
https://knews.kathimerini.com.cy/en/news/new-senate-chairman-eyes-turkey-s-f-16-deal
The Senate Foreign Relations Committee’s new chairman on Thursday said he would look at Turkey’s $20 billion Lockheed Martin F-16 fighter jet deal and that more issues than Sweden’s ascension to NATO would affect the decision on lifting his predecessor’s longstanding hold....
https://knews.kathimerini.com.cy/en/news/august-2023-petroleum-sales-up-2-3
The total sales of petroleum products amounted to 124,832 tonnes in August 2023, recording an increase of 2.3% compared to August 2022, according to data published by the Statistical Service on Wednesday....
https://knews.kathimerini.com.cy/en/news/elk-on-the-loose-causes-metro-meltdown-in-stockholm
Traffic resumed on Stockholm's red metro line on Wednesday afternoon after an elk who got loose on the tracks was shot dead....
https://knews.kathimerini.com.cy/en/news/construction-of-petrol-storage-terminal-must-be-a-priority-says-energy-minister
The construction of a petroleum products storage terminal with a completion date of 2025 is considered a project of exceptional importance with regard to Cyprus' strategic energy autonomy, Minister of Energy, Commerce and Industry, George Papanastasiou, ...
https://knews.kathimerini.com.cy/en/news/will-tesla-s-next-factory-be-in-turkey
Turkish President Recep Tayyip Erdogan has extended an intriguing invitation to Tesla's CEO Elon Musk, proposing the establishment of a Tesla factory in Turkey....
https://knews.kathimerini.com.cy/en/news/deputy-minister-koumis-paves-way-for-more-seats-to-cyprus
Deputy Minister of Tourism Kostas Koumis had important contacts in recent days in Stockholm and Helsinki, with the aim of increasing the number of air seats offered to our country for the next year....
https://knews.kathimerini.com.cy/en/news/fuel-prices-surge-electricity-rates-hold-steady
Fuel prices are set to rise by 2-2.5 cents per liter for diesel and slightly less for unleaded gasoline, effective today at petrol stations....
https://knews.kathimerini.com.cy/en/business/cdb-bank-and-astrobank-in-talks-for-potential-acquisition
In an official announcement released by CDB Bank to the Cyprus Stock Exchange, both banks have confirmed discussions regarding the potential acquisition of CDB Bank by Astrobank. ...
https://knews.kathimerini.com.cy/en/news/police-investigate-reports-of-a-man-following-women-in-strovolos-park
A recent flurry of social media posts has stirred controversy, with reports of an individual allegedly pursuing women in the Strovolos area, notably within Linear Park....
https://knews.kathimerini.com.cy/en/news/eu-commission-s-roadmap-for-seamless-social-security-services
European Commission has proposed concrete steps to further digitalise the coordination of social security systems in Europe, in a dedicated Communication....
https://knews.kathimerini.com.cy/en/business/easylyzi-to-buy-kotsovolos
The company Easylyzi is considering the acquisition of Kotsovolos. Easylyzi offers a comprehensive PaaS platform connecting businesses and consumers to a wide range of products on a subscription basis....
https://knews.kathimerini.com.cy/en/news/brexit-7-000-finance-jobs-moved-overseas
Dublin, Frankfurt and Paris are vying for a share of the financial services markets once dominated by London....
https://knews.kathimerini.com.cy/en/news/japan-to-release-treated-radioactive-water-from-fukushima-plant
After months of controversy and anticipation, Japan is set to begin releasing treated radioactive wastewater from its Fukushima nuclear plant later this week despite fierce objections from some countries....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-deceleration-amid-inflation-and-rising-rates
Cyprus' economy experienced a slowdown in the second quarter of 2023, prompting inquiries about the situation. According to the preliminary estimate provided by the Statistical Service, ...
