https://knews.kathimerini.com.cy/en/business/the-heart-of-the-ecb-beats-in-cyprus
The second consecutive visit of European Central Bank President Christine Lagarde in 2022 is certainly semantic. Apart from the visibility of Cyprus being the first visit by Central Bank Governors as part of the decision to visit a country on an annual basis to hold one of their meetings, two other readings emerge....
https://knews.kathimerini.com.cy/en/business/ey-achieves-highest-growth-in-nearly-two-decades-reports-record-global-revenue-of-us$45-4b
EY announced combined global revenues of US$45.4b for the financial year ending June 2022 (FY22), an increase of 16.4% in local currency (13.7% in US dollars). This marks one of the most successful years in the history of the organization with the highest growth seen in nearly two decades attributed to the EY NextWave strategy to deliver long-term value for EY people, clients and society....
https://knews.kathimerini.com.cy/en/news/soldier-probe-blows-lid-off-cyprus-state-forensics
A Cypriot state pathologist who ruled as suicide the killing of a soldier seventeen years ago is pointing the finger at police investigators, giving credence to accusations by an outspoken colleague in the private sector who says state forensic probes can be fraught with a slipshod mindset and even cover-ups...
https://knews.kathimerini.com.cy/en/news/ukrainian-woman-pleads-not-guilty-in-larnaca-knife-attack
A Ukrainian woman accused of carrying out a knife attack against a group of Russians in Larnaca has pleaded not guilty to multiple charges that include hate crime offenses...
https://knews.kathimerini.com.cy/en/business/loan-interest-rates-rise-for-a-second-consecutive-month
Lending interest rates in Cyprus rose for a second consecutive month in August, with credit institutions pricing rate hikes by the European Central Bank and increased credit risk due to uncertainty and inflation pressures fuelled by the war in Ukraine....
https://knews.kathimerini.com.cy/en/business/cyprus-airways-more-capacity-and-destinations-for-the-summer
Cyprus Airways announced on Tuesday its ambitious plans for Summer 2023 during which it said that it will operate to 11 confirmed destinations with a schedule of at least 43 weekly flights, new destinations, and flights to be announced soon. The Summer 2023 schedule will start on Sunday, 26th of March....
https://knews.kathimerini.com.cy/en/news/investigating-russian-remittances-to-mount-athos
The Money Laundering Authority is investigating suspicious money transfers from abroad to the individual accounts of monks on Mount Athos....
https://knews.kathimerini.com.cy/en/news/ec-calls-for-state-funded-compensation-for-victims-of-trafficking
The Council of Europe's Anti-Trafficking Division along with Cyprus-based NGO 'Step Up, Stop Slavery' brought together officials from various sectors of the Cypriot government and foreign diplomatic missions to discuss the ways in which financial compensation can be offered to victims of trafficking in Cyprus....
https://knews.kathimerini.com.cy/en/life/world-animal-day-the-importance-of-animals-in-our-lives
October 4 was designated World Animal Day because it coincides with the feast of St. Francis of Assisi, who has been proclaimed by the Catholic Church as the patron saint of animals and nature. It was first celebrated in 1931 at a conference of environmentalists in Florence, as a way of raising public and scientific awareness of endangered animals. Since then, the feast day has expanded to include all species of the animal kingdom....
https://knews.kathimerini.com.cy/en/news/cannabis-sentence-overturned-for-‘research-purposes
A man in Cyprus who was jailed on a cannabis conviction is to be set free on a suspended sentence after his lawyer argued before the Supreme Court that a lower court completely discounted her client being into narcotics research and not illegal drug trade...
https://knews.kathimerini.com.cy/en/news/investigator-fired-from-soldier-death-cover-up-probe
Cyprus’ chief prosecutor has fired one of two independent investigators in a police cover-up probe, prompting strong reaction from the ousted expert as well as the family of a slain soldier, whose death initially ruled a suicide turned out to be a criminal act 17 years ago with the perpetrators still at large after a botched investigation...
https://knews.kathimerini.com.cy/en/business/global-fintech-market-resilient-in-h1-22-$107-8-billion-in-investment-according-to-kpmg-s-pulse-of-fintech
Global fintech investment declined from $111.2 billion in H2’21 to $107.8 billion in H1’22, but remained remarkably resilient compared to historical trends given the challenges affecting the broader investment market, including geopolitical uncertainty, growing inflation, and increasing interest rates. ...
https://knews.kathimerini.com.cy/en/news/doctor-‘fake-pass-trial-put-off-again
A Cypriot doctor, who denies ever issuing bogus vaccination certificates during the pandemic, will have to wait a whole year before his day in court, after a judge on Monday pushed back his trial until next year...
https://knews.kathimerini.com.cy/en/news/cyprus-issues-rare-heat-warning-in-fall-month
A heat warning went into effect Sunday late morning for Cyprus’ inland areas, with maximum temperatures expected to reach 40 degrees Celsius and levels dropping back down as rain clouds move in early next week...
https://knews.kathimerini.com.cy/en/news/foreign-ministry-condemns-the-annexation-of-territories-by-russia
In a statement, the Foreign Ministry condemns Russia's annexation of Ukrainian territories by Russia, calling it illegal, invalid and contrary to the fundamental principles of international law. At the same time, it compares the event to Turkey's escalating threats of the annexation of the occupied territories....
https://knews.kathimerini.com.cy/en/news/putin-signs-‘accession-treaties-at-kremlin-in-defiance-of-international-law
Vladimir Putin has signed “accession treaties” formalizing Russia’s illegal annexation of four occupied regions in Ukraine, marking the largest forcible takeover of territory in Europe since the second world war....
https://knews.kathimerini.com.cy/en/news/cyprus-pothole-app-ready-to-go
Potholes are undoubtedly a persistent issue on Cyprus's road network, causing discomfort to the majority of drivers....
https://knews.kathimerini.com.cy/en/life/diffords-guide-deejay-radio-presenting-the-3rd-annual-cyprus-cocktail-festival
Deejay Radio presents the 3rd annual Cyprus Cocktail Festival in collaboration with international guide diffordsguide.com!...
https://knews.kathimerini.com.cy/en/news/nord-stream-satellite-images-reveal-the-scale-of-the-disaster
Huge amounts of methane have been released into the air from recent explosions in the Nord Stream pipelines in the Baltic Sea, satellite images reveal....
https://knews.kathimerini.com.cy/en/news/20-years-in-prison-for-former-cypriot-oligarch-oleg-deripaska
Russian oligarch Oleg Deripaska, who received a Cypriot passport in 2018 and had his Cypriot citizenship revoked in April 2022, faces a charge of conspiracy to violate and evade US sanctions with a maximum sentence of 20 years in prison....
https://knews.kathimerini.com.cy/en/news/un-s-stewart-the-option-of-a-mutually-agreed-solution-is-fading
"I am extremely concerned that the option of a mutually agreed settlement of the Cyprus problem, i.e. a formula for the reunification of the island acceptable to both sides, is fading and will not be available for much longer", UN Secretary General's Special Representative for Cyprus Colin Stewart says....
https://knews.kathimerini.com.cy/en/news/erdogan-turkey-will-strengthen-its-army-in-the-occupied-areas
Turkey will strengthen its military presence in occupied Cyprus following the US decision to fully lift the arms embargo on the Republic of Cyprus, Turkish President Recep Tayyip Erdogan said in an interview with CNN Türk on Wednesday evening....
https://knews.kathimerini.com.cy/en/news/finance-minister-calls-for-prudency-to-safeguard-economy
Cypriot Minister of Finance Constantinos Petrides, stressed on Wednesday evening the need to be “even more careful” with the fiscal discipline in the new challenging era, while Central Bank Governor Constantinos Herodotou referred to the risk of new NPLs due to the challenging economic conditions....
https://knews.kathimerini.com.cy/en/news/ec-says-no-to-price-cap-proposal
Defying calls from the 15 EU countries and voices among European commissioners, Commission President Ursula von der Leyen has decided not to propose a price cap on gas imports, according to Politico....
https://knews.kathimerini.com.cy/en/business/majority-of-tourists-visiting-cyprus-are-no-longer-russian
In June 2021 at the 43rd conference of the Pancyprian Hoteliers Association, it may have been the first time it was officially made clear that the markets of Russia and Britain will no longer be a one-way street for the Cypriot tourism industry....
https://knews.kathimerini.com.cy/en/business/cypriot-businesses-face-serious-issues-but-still-expect-to-turn-a-profit
What are the main problems for Cypriot businesses (table)
...
https://knews.kathimerini.com.cy/en/news/the-nord-stream-pipeline-mystery-leak-takes-center-stage
Suspicious leaks in the two Russian gas pipelines (Nord Stream 1 & 2) in the Baltic Sea are likely the result of sabotage, officials in Denmark, Germany and Poland have warned, heightening concerns about Europe's "long, hard, winter" with regard to Russian gas - due to the ongoing war in Ukraine....
https://knews.kathimerini.com.cy/en/news/why-evs-are-a-flop-in-cyprus-…-so-far
It's only a 150-kilometer drive across Cyprus; well below how far an average electric vehicle can drive on a single charge. Range anxiety — a major barrier in the shift to EVs — shouldn't be a thing....
https://knews.kathimerini.com.cy/en/news/sinkhole-nearly-swallows-pickup-truck-in-paphos
A large sinkhole swallowed a pickup truck in a rural area of Paphos on Tuesday, with reports pointing to water erosion caused by a pipeline months after a historic overflow at the country’s fourth largest dam...
https://knews.kathimerini.com.cy/en/news/cyprus-greenlights-island-s-first-crematory
A funeral home in Cyprus has obtained a permit to build the country’s first cremation facility, years after legislation paved the way despite strong resistance from the Orthodox church...
