https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/comment/opinion/the-hidden-lives-of-migrants-in-cyprus
Behind closed doors lies a hidden reality in Cyprus, where neglected homes become sanctuaries for new occupants, often foreigners seeking refuge from economic hardships....
https://knews.kathimerini.com.cy/en/news/surge-in-irregular-migrant-returns-from-cyprus-in-2024
Cyprus has seen a significant rise in the number of returns of irregular migrants in 2024 compared to the previous year, attributed to government measures aimed at strengthening the returns sector....
https://knews.kathimerini.com.cy/en/news/eu-s-new-migration-pact-gains-cyprus-approval
The new Migration and Asylum Pact, the European Parliament approved on Wednesday, is ''an important step'' Cyprus’ Interior Ministry says in a statement, released on Thursday....
https://knews.kathimerini.com.cy/en/news/future-ships-to-navigate-seas-without-crews
In what seems like a scene from science fiction, the future of ocean exploration is unfolding before our eyes....
https://knews.kathimerini.com.cy/en/news/britain-under-fire-as-russia-steps-up-for-cyprus-peace-talks
Russian Foreign Ministry Spokeswoman Maria Zakharova referred on Wednesday to the 65th anniversary of the Zurich-London Agreements......
https://knews.kathimerini.com.cy/en/news/germany-legalizes-limited-cannabis-use-joining-global-trend
Germany passed a law on Friday legalizing the cultivation and possession of limited amounts of cannabis, joining a small group of countries and jurisdictions that have taken similar steps....
https://knews.kathimerini.com.cy/en/business/deloitte-academy-s-impact-spreads-from-cyprus-to-kenya
The Head of Deloitte Academy, Christina Themistocleous, travelled to Nairobi, Kenya with the goal to offer voluntary work and help students achieve their ambitions and reach their full potential....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-posts-impressive-2023-profit-of-€365-4-million
Hellenic Bank reported a substantial profit of €365.4 million for the year 2023, marking a significant upswing from €21.8 million in 2022. The Return on Tangible Equity (ROTE) for 2023 soared to 28.7%, a stark contrast to the 2.0% recorded in 2022....
https://knews.kathimerini.com.cy/en/news/minister-highlights-smallest-resident-population-at-pournara
The outlook for Cyprus in relation to migration is positive, as in 2023 a 46% reduction in irregular migrant applications and a 66% increase in returns have been achieved, Interior Minister Konstantinos Ioannou said on Wednesday....
https://knews.kathimerini.com.cy/en/news/president-contemplates-restart-amidst-manipulation-claims
The official first was Wednesday, January 10, for the new members of the Government after they officially received their portfolios from the President of the Republic Nikos Christodoulidis....
https://knews.kathimerini.com.cy/en/news/surge-in-syrian-asylum-seekers-amid-drop-in-african-arrivals
The Ministry of Interior disclosed an uptick in asylum applications from Syrians, predominantly arriving by sea, citing challenges in managing these individuals due to the perilous conditions in their home country. ...
https://knews.kathimerini.com.cy/en/news/preventive-pediatrics-expansion-center-takes-on-eight-more-diseases
''The CPP has been carrying out a project on behalf of the State for 35 years and covers the needs of the entire population of the country free of charge on a voluntary basis'', says Fotini Tsiridou, the president of the Association of Friends of the Center of Preventive Pediatrics ''Amerikos Argyriou'' and councillor of DISY, to ''K''....
https://knews.kathimerini.com.cy/en/news/eu-council-s-historic-decision-to-benefit-ukraine-moldova-and-georgia
Without agreement on the European budget, the first day of the European Council meeting was concluded at 2.30 Brussels time (3.30 a.m. on Friday), as no "common ground" was found on the revision of the budget (2021-2027), due to lack of unanimity....
https://knews.kathimerini.com.cy/en/news/government-achieves-historic-50-drop-in-asylum-applications
There is a 50% reduction in the period March-October 2023 in new asylum applications compared to the 2022 corresponding period, the Interior Ministry said on Tuesday, noting at the same time that for the first time, the overall balance of arrivals-returns presents a positive picture, and Cyprus is now ranking in the first places among European states in absolute numbers of returns....
https://knews.kathimerini.com.cy/en/news/hellenic-bank-rakes-in-€240-7m-in-2023-s-first-9-months
Hellenic Bank announced on Tuesday a profit of €240.7 million for the first 9 months of 2023....
https://knews.kathimerini.com.cy/en/news/house-plenary-votes-on-teleworking-bill-what-s-at-stake
In a decisive move, the House plenary convened this afternoon to cast their votes on a groundbreaking teleworking bill, aiming to establish a robust framework for regulating working conditions in the evolving landscape of remote employment....
https://knews.kathimerini.com.cy/en/news/boc-reports-€349-million-in-profits-plans-employee-bonuses-for-2024
In a significant financial turnaround, Bank of Cyprus reported a notable profit of €349 million for the nine months ending September 30, 2023, marking a substantial improvement from the €19 million loss in the same period last year. ...
https://knews.kathimerini.com.cy/en/news/zelenskyy-s-unspoken-strategy-for-ukraine-s-victory
Ukraine's counteroffensive is still on track and will achieve its set goals by the end of the year, President Volodymyr Zelenskyy said on Wednesday....
https://knews.kathimerini.com.cy/en/news/no-foreclosures-on-first-homes-until-the-end-of-2023
In a development concerning foreclosures, four months after the summer 2023 decisions, the data remains unchanged. Banks and credit redemption companies have been urged to provide a two-month grace period for first homes and properties up to 350 thousand euros. ...
https://knews.kathimerini.com.cy/en/news/central-bank-s-remote-id-project-to-take-off
The Central Bank of Cyprus (CBC) has officially announced that it has signed an agreement to start the Digital On-boarding project for remote customer identification. The agreement was signed between the CBC and the appointed consortium....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-special-unit-for-human-trafficking-victims-in-anti-trafficking-effort
The Deputy Ministry of Social Welfare in Cyprus has introduced a new unit dedicated to managing human trafficking victims. This unit operates from a shelter in Nicosia designed to aid victims of sexual exploitation but extends its services across the entire island....
https://knews.kathimerini.com.cy/en/news/25-new-asylum-examiners-to-speed-processing-and-deter-migrant-arrivals
The Asylum Service of Cyprus has taken a significant step to enhance the efficiency of processing asylum applications by appointing 25 additional asylum examiners, according to Minister of Interior Constantinos Ioannou....
https://knews.kathimerini.com.cy/en/news/thousands-of-armenians-flee-nagorno-karabakh-conflict-zone
Tens of thousands of ethnic Armenians have fled from Nagorno-Karabakh since the territory surrendered to Azerbaijan on 20 September....
https://knews.kathimerini.com.cy/en/news/91-repatriation-rate-achieved-in-cyprus
Today marks the tenth collaborative effort between the Cyprus Police and European countries, orchestrated under the guidance of the European Border and Coast Guard Agency, Frontex....
https://knews.kathimerini.com.cy/en/news/italy-s-cry-for-help-facing-a-migrant-surge-amid-eu-discord
Italian Prime Minister Giorgia Meloni has appealed for greater European support as her country confronts a surge of people fleeing north Africa, amid growing tensions between Rome and other EU capitals over migration policy....
https://knews.kathimerini.com.cy/en/news/debate-rages-over-cyprus-efforts-to-deter-migration-through-benefit-cuts
A discussion about the benefits for asylum seekers has arisen recently due to violent and racist incidents in Chloraka and Limassol last week....
https://knews.kathimerini.com.cy/en/news/in-a-historic-first-asylum-applications-drop-by-51
Interior Minister Konstantinos Ioannou announced today that, for the first time in Cyprus' immigrant history, there has been a shift in the balance between migrant arrivals and departures....
https://knews.kathimerini.com.cy/en/news/the-unresolved-issues-of-chlorakas
The situation in Chloraka, following the problems that happened last week, is still uncertain. ...
https://knews.kathimerini.com.cy/en/news/finnish-travelers-take-the-lead-in-digital-travel-docs
The Finnish Border Guard has announced that Finns will be the first in the world to test digital travel documents starting from August 28....
