https://knews.kathimerini.com.cy/en/news/foreclosure-legislation-unconstitutional
The latest piece of legislation on foreclosures which was approved last Friday is unconstitutional...
https://knews.kathimerini.com.cy/en/business/exceeding-expectations
In the eight months of its operation, Nicosia Mall has surpassed expectations. Following the triumphant opening in November 2018 and the resounding welcome by consumers, the capital’s newest shopping mall has been steadily and assuredly pulling in crowds and converting them into devoted customers. The outstanding traffic as well as the levels of satisfaction and observed visitor loyalty, which are examined on a quarterly basis through surveys, are a testament that a thoughtfully planned retail destination and a customer centric approach can yield success. Most importantly, the data available foretells a bright future ahead...
https://knews.kathimerini.com.cy/en/comment/opinion/tangible-rewards-for-alliance-building
Greece's military spending has shrunk dramatically as a result of the crisis, widening the defense gap with Turkey. Successive Greek governments have spent billions on armaments over the past few decades, yet there is very little to show for it in terms of a defense industry. After an ambitious start, state-owned firms such as the Hellenic Aerospace Industry (EAV) and others were gradually choked by mismanagement from political parties and unionism...
https://knews.kathimerini.com.cy/en/news/week-starts-hot-low-chance-of-rain
A low pressure system is affecting the area with the interior still under a hot sun in the upper 30’s, low 30’s along the coast, and low chances of mountain rain in the afternoon...
https://knews.kathimerini.com.cy/en/news/heat-advisory-but-some-rain-chances
A heat advisory is in effect Sunday afternoon due to extreme high temperatures in the interior, while there are low chances of rain mainly in the mountains...
https://knews.kathimerini.com.cy/en/news/akar-says-effort-to-scrap-guarantees-on-cyprus-futile
Turkish Defense Minister Hulusi Akar has reportedly reiterated Ankara’s rejection of calls by Cyprus and Greece for a scrapping of the system of guarantees that were established when the island gained independence from Britain in 1960.
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https://knews.kathimerini.com.cy/en/news/getting-warmer-this-weekend
Mostly clear skies are expected throughout the weekend with periods of scattered clouds and humidity levels likely to rise due to a low pressure system...
https://knews.kathimerini.com.cy/en/news/s-p-affirms-bank-of-cyprus-ratings
Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...
https://knews.kathimerini.com.cy/en/news/ecb-warns-of-significant-negative-impact
The European Central Bank (ECB) has warned of “significant negative impact” to the Cypriot banking system in case a new law amending the legal on foreclosures is implemented.
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https://knews.kathimerini.com.cy/en/news/dombrovskis-the-eu-leads-the-world-in-the-battle-against-climate-change
This year, millions of young people across the world joined an international movement for climate change. They demanded action instead of mere talk, marching to fix the planet before it is too late.
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https://knews.kathimerini.com.cy/en/news/another-warm-front-moving-in
A heat advisory continues to be in effect at the start of the week due to extreme high temperatures in the interior, with a low pressure system over the island and maximums expected to rise to around 41 degrees...
https://knews.kathimerini.com.cy/en/news/britain-begins-escorting-all-uk-vessels-through-hormuz-strait
Britain has started sending a warship to accompany all British-flagged vessels through the Strait of Hormuz, a change in policy announced on Thursday after the government previously said it did not have resources to do so.
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https://knews.kathimerini.com.cy/en/news/moody-s-calls-for-reform-implementation-to-boost-greek-growth
Greece’s credit profile is constrained by the country’s elevated debt burden, moderate growth prospects and weak banking system, Moody's Investors Service said in an annual report Thursday, adding that the new government’s implementation of reforms agreed with lenders would bolster growth....
https://knews.kathimerini.com.cy/en/news/ice-cubes-for-tigers-as-heatwave-smashes-european-records
Belgian zookeepers fed chickens in giant ice cubes to tigers on Wednesday as northern Europe baked in record temperatures during another heatwave that climate experts believe could become the new normal.
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https://knews.kathimerini.com.cy/en/news/audit-office-weighs-in-on-turtle-nests
A report by the audit office slams the forestry department for removing acacia trees very close to turtle nests earlier this year, just as another confrontation between locals and conservationists in a nearby area is gaining traction...
https://knews.kathimerini.com.cy/en/news/foreclosure-legislation-deemed-unconstitutional
Finance Minister Haris Georgiades said on Tuesday that "a legislative framework must be effective, it must not change frequently, in order to create a trustworthy framework that will enable us to manage this last remaining problem of non-performing loans.''
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https://knews.kathimerini.com.cy/en/news/2-two-new-recycling-and-composting-programmes-in-limassol
Limassol Municipality is going ahead with the implementation of two new recycling and composting programmes aiming to properly manage waste by reducing, reusing and recycling it.
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https://knews.kathimerini.com.cy/en/news/afternoon-heat-warnings-continue
A heat advisory continues to be in effect on Tuesday, as inland midday high temperatures are expected to reach 40 degrees while humidity levels are dropping...
https://knews.kathimerini.com.cy/en/news/week-starts-with-new-heat-advisory
Another yellow warning has been issued for Monday, following a similar alert Sunday due to extreme high temperatures with 40-degree weather inland...
https://knews.kathimerini.com.cy/en/news/bloomberg-turkey-has-abandoned-the-west
In an opinion piece Bloomberg's editorial board writes that Turkey is an increasingly erratic ally that is no longer worth the risks.
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https://knews.kathimerini.com.cy/en/news/us-removes-turkey-from-f-35-program-after-russian-missile-purchase
The United States said on Wednesday that it was removing Turkey from the F-35 fighter jet programme, a move long threatened and expected after Ankara began accepting delivery of an advanced Russian missile defence system last week.
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https://knews.kathimerini.com.cy/en/news/moodys-warns-foreclosure-laws-increase-risk-for-banks
Cyprus’ new foreclosure framework hampers banks efforts to reduce NPLs said credit rating agency Moody's in an announcement on Thursday....
https://knews.kathimerini.com.cy/en/comment/opinion/no-time-for-mixed-signals
We are entering a very thorny patch in Greek-Turkish relations. Turkey’s activities within Cyprus’ exclusive economic zone (EEZ), combined with the standoff with the United States over Ankara’s acquisition of the Russian S-400 missile defense system are increasing the tension further in Greece’s wider region.
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https://knews.kathimerini.com.cy/en/comment/opinion/golden-dawn-voters-women-and-mitsotakis
Some foreign journalists have in recent days made two negative observations regarding New Democracy’s victory in the July 7 snap election and the makeup of the new cabinet...
https://knews.kathimerini.com.cy/en/news/trump-says-not-fair-that-u-s-can-t-sell-f-35s-to-turkey
U.S. President Donald Trump said on Tuesday it is “not fair” to either Turkey or the United States that Washington cannot sell Ankara billions of dollars worth of F-35 fighter jets after it bought a Russian air defense system...
https://knews.kathimerini.com.cy/en/news/paphos-bound-plane-hit-by-lightning
A plane that landed at Paphos International Airport was struck by lightning on Tuesday, with reports saying Ryanair passengers were unharmed during the incident...
https://knews.kathimerini.com.cy/en/news/band-of-rain-on-the-way
A low pressure system is affecting Cyprus, with humidity levels dropping noticeably while chances go up for strong winds and widespread rain later in the week...
https://knews.kathimerini.com.cy/en/life/playing-with-bricks-4-kidz®-at-nicosia-mall
An incredibly fun activity is on offer at Nicosia Mall, for every kid who loves imagination and creativity from July 8 to August 11, from 3:00 to 7:00 in the afternoon.
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https://knews.kathimerini.com.cy/en/news/morning-sirens-trigger-memories-of-1974
Emergency sirens sounded all over the island on Monday morning to mark the anniversary of a military coup in 1974...
https://knews.kathimerini.com.cy/en/news/cyprus-parliament-suspends-foreclosures
The House of Representatives voted in its last plenary before summer recess an amendment to the foreclosure law that foresees a freeze in foreclosures and suspension for loans eligible for the ESTIA loan relief plan...