https://knews.kathimerini.com.cy/en/news/it-s-been-10-years-since-the-haircut
In March 2023, Cyprus will mark 10 years since the deposit haircut. Ten years after the 2013 crisis, Cyprus looks completely different. During this decade, many changes have taken place and its citizens have experienced many different situations,...
https://knews.kathimerini.com.cy/en/news/meta-lays-off-another-10-000-workers
Meta, the parent company of social media giant Facebook, has announced it will cut another 10,000 jobs as part of a company-wide restructuring effort....
https://knews.kathimerini.com.cy/en/business/eac-maintains-dominant-position-in-cyprus-energy-production-market
The highest electricity market share in the EU was recorded in Cyprus (88%), reflecting the dominance of the Electricity Authority of Cyprus in the country’s energy market, Eurostat data published on Tuesday show....
https://knews.kathimerini.com.cy/en/news/eu-parliament-votes-to-reduce-member-states-emissions-by-40
Today, the European Parliament adopted the revision of the Effort Sharing Regulation with 486 votes in favor, 132 against, and 10 abstentions. ...
https://knews.kathimerini.com.cy/en/news/cliff-death-draws-the-big-guns-of-forensics
A private forensic pathologist will take part in a defense autopsy of a young Ukrainian woman, whose boyfriend insists her cliff death was an accident, despite initial objections by the Legal Department which has also tasked its own expert to lead the exam...
https://knews.kathimerini.com.cy/en/news/supreme-cooperation-council-the-what-how-and-why
The announcement of the establishment of a joint body at the highest bilateral level, which could potentially function as a "Supreme Cooperation Council" between Greece and Cyprus, is undoubtedly the most significant news to emerge from President Christodoulides' visit to Athens....
https://knews.kathimerini.com.cy/en/news/kedipes-interest-subsidies-for-good-loans-in-2023
As a reward for borrowers who stick to the repayment schedule of their credit facilities for the year 2023, KEDIPES is moving forward with an interest subsidy for restructured credit facilities that have the ECB base rate as their base rate....
https://knews.kathimerini.com.cy/en/news/suspect-in-woman-s-cliff-death-disputes-forensic-report
The main suspect in the cliff death of a Ukrainian woman has denied wrongdoing and further called for a private forensic expert to conduct a second post mortem, after state pathologists suggested there were signs his girlfriend had been raped and strangled to death...
https://knews.kathimerini.com.cy/en/business/trade-deficit-increased-by-163-5-in-january-2023
A large increase was recorded in the trade deficit in January 2023 according to preliminary data published on Monday by the Statistical Service, since the increase in imports was more than three times the increase in exports....
https://knews.kathimerini.com.cy/en/news/banks-around-the-world-feel-force-of-svb-fallout
U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the collapses of Silicon Valley Bank and Signature Bank forced regulators to step in with emergency measures....
https://knews.kathimerini.com.cy/en/news/nicosia-athens-coordinating-body-established
Cyprus President Nikos Christodoulides and Greek Prime Minister Kyriakos Mitsotakis announced the establishment of a joint coordination body between Greece and Cyprus, during their statements, on Monday, in Athens....
https://knews.kathimerini.com.cy/en/business/techisland-association-launches-the-1st-annual-techisland-awards-to-recognize-outstanding-contributions-to-the-tech-industry-in-cyprus
The TechIsland Association is excited to announce the launch of the TechIsland Awards, a new annual award program designed to recognize and celebrate the outstanding contributions of individuals, companies, and projects that are making a significant impact on the development and growth of the tech and innovation industry in Cyprus....
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/news/us-specialist-in-cyprus-to-treat-patient-s-rare-disease-100-funded-by-eu
A significant development in the EU medical industry has occurred in Cyprus involving EU cross-border treatment. Greece's National Healthcare Service (EOPYY) recently approved using the "Planned medical treatment abroad" scheme to cover the costs of a Greek patient receiving surgical treatment for a rare disease by a world-leading US-based surgeon in a private hospital in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/police-seize-close-to-100k-bangers-ahead-of-easter
Three local men were arrested on Sunday in Paphos after they were caught in the act of possessing and transporting illegal fireworks, as police try to disrupt the supply chain ahead of Greek Easter holidays...
https://knews.kathimerini.com.cy/en/news/boyfriend-arrested-after-autopsy-in-woman-s-cliff-death
A man who says his girlfriend slipped and fell to her death in coastal Paphos over the weekend has been arrested on premeditated charges, after a post mortem showed injuries inconsistent with a free fall...
https://knews.kathimerini.com.cy/en/news/cypriot-president-plays-safe-on-first-overseas-trip
Cypriot President Nikos Christodoulides took a commercial flight to Athens on Sunday for his first trip overseas since taking office, with reports saying the presidential aircraft was grounded due to a minor mechanical problem...
https://knews.kathimerini.com.cy/en/news/finance-minister-calls-on-banks-to-delay-foreclosures
The Finance Ministry is considering possible actions to tackle non-performing loans and is examining a set of measures aiming to address the issue, ...
https://knews.kathimerini.com.cy/en/news/saudi-arabia-and-iran-to-re-establish-diplomatic-ties
Saudi Arabia and Iran reached an agreement that paves the way for the re-establishment of diplomatic ties after a seven-year split, a major realignment between regional rivals, the countries said Friday in a joint statement....
https://knews.kathimerini.com.cy/en/business/musk-building-utopian-town-for-employees
Elon Musk has reportedly bought thousands of acres of land about 35 miles outside of Austin and plans to build his own town there for employees to live and work....
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/latvia-confiscated-cars-from-drunk-drivers-sent-to-ukraine
The first of hundreds of cars confiscated by Latvian authorities from drunk drivers have started their journey to Ukraine, where Riga hopes they’ll help Kyiv with its war efforts....
https://knews.kathimerini.com.cy/en/news/kombos-rules-out-turkish-proposals-during-athens-visit
Greece will continue to fully support the effort for a just and viable solution to the Cyprus problem, Greek Foreign Minister Nikos Dendias said after a meeting he held in Athens with Cyprus Foreign Minister Costantinos Kombos. The Cypriot FM noted in the joint statements after the meeting with Dendias, that no solution that will permanently divide the country nor a two-state solution will ever be accepted....
https://knews.kathimerini.com.cy/en/news/cypriot-law-enforcement-to-shed-schengen-s-lone-sheep-status
Justice Minister Anna Koukkides-Prokopiou has said she is pleased with the launch of the Schengen Information System (SIS) and the fact that the Republic of Cyprus will be able to have access to the system starting from the end of July. ...
https://knews.kathimerini.com.cy/en/news/eu-commissioner-kyriakides-in-cyprus-for-a-series-of-meetings
Stella Kyriakides, Commissioner for Health and Food Safety, is in Cyprus for a series of meetings on Friday...
https://knews.kathimerini.com.cy/en/news/president-says-‘cyprus-on-right-side-of-history-over-ukraine
The solution of the Cyprus problem is a top priority of his administration, President Nikos Christodoulides said, in an interview with the Hellenic Broadcasting Corporation (ERT) on Thursday evening ahead of a visit he will pay Greece next week...
https://knews.kathimerini.com.cy/en/news/mr-ioannou-in-terms-of-migration-cyprus-has-reached-its-limit
The first day of the Council of Ministers of Justice and Home Affairs meeting, which was attended by Mr. Constantinos Ioannou, Minister of Interior, has concluded, during which the Ministers of the 27 Member States had the opportunity to exchange views on the external dimension of migration as well as the internal management of migration flows....
https://knews.kathimerini.com.cy/en/news/foreclosure-sales-to-restart-after-parliamentary-vote
The House of Representatives voted 22 to 18 against a proposal for a new three-month suspension of foreclosure sales, which had been tabled in the form of an emergency bill....
https://knews.kathimerini.com.cy/en/business/international-university-students-visit-eurogate-s-facilities-at-limassol-port
Students from various US academic institutions received a tour of the facilities of Eurogate Container Terminal Limassol Ltd. ...
https://knews.kathimerini.com.cy/en/news/cyprus-gdp-and-employment-up-according-to-eurostat
Both GDP and employment increased during the 4th quarter of 2022 compared to the previous quarter in Cyprus, while in the eurozone GDP remained stable and employment increased and in the EU GDP fell and employment increased, according to estimates released by Eurostat, the statistical service of the EU....
