THREE MAJOR DEALS AWAIT THE REGULATORS' GREEN LIGHT

THREE MAJOR DEALS AWAIT THE REGULATORS' GREEN LIGHT - KNews 6/9 by Panayiotis Rougalas

The Ancoria, CDB and payabl. transactions could bring changes for bank staff, customers and the wider payments market.



Three deals are currently awaiting regulatory approval. Although entirely different in nature, all three have one thing in common: they must pass through the supervisory process.

One is a new addition involving the wider financial sector, while the other two are strictly banking transactions.

CYPRUS RISKS BEING CUT OUT OF THE POWER LINK TO EUROPE

CYPRUS RISKS BEING CUT OUT OF THE POWER LINK TO EUROPE  - KNews 6/9 by Apostolos Tomaras

As Nicosia hesitates, alternative plans could bypass the island and connect Israel directly to Crete.


The government’s decision to avoid responding to concerns and questions about the Republic of Cyprus’ energy plans is deepening the uncertainty surrounding them. It is also lending weight to claims that Nicosia is attempting to change course on major energy projects, including the electricity interconnection between Cyprus and Europe through Greece.

The government has remained silent even in the face of reports that the Cypriot side no longer views the Great Sea Interconnector favourably. This has prompted opposition parties, including AKEL, to take the lead and give the issue a political dimension, demanding an official government briefing on several matters that have also been raised by the media.

CHILD BENEFIT - ''17,000 NEW FAMILIES AMONG THE BENEFICIARIES'' SAYS PRESIDENT CHRISTODOULIDES - THESE ARE THE NEW INCOME LIMIT

CHILD BENEFIT - ''17,000 NEW FAMILIES AMONG THE BENEFICIARIES'' SAYS PRESIDENT CHRISTODOULIDES - THESE ARE THE NEW INCOME LIMITS - Filenews 6/9


The President of the Republic, Nikos Christodoulides, announced the expansion of the Child Allowance, with the inclusion of an additional 17,000 families among the beneficiaries, but also with an increase in both the amount of the benefit and the income limits, in a video message.

Specifically, President Christodoulidis stated that the income criteria for all families are being increased. "In particular, the maximum income limits for families with three and four dependent children are now set at €90,000 and €100,000 respectively, thus satisfying the request for support for middle-class families, while, as we decided from 2025 for families with five or more dependent children, there are no income criteria," he said. "In addition, with our decision, long-term distortions are addressed, with the most important being the non-interruption of support in cases of a small increase in family income," he noted.

WHAT'S ON - 7-30 SEPTEMBER

 

WHAT'S ON - 7-30 SEPTEMBER

12 DEAD, 16 MISSING [as at 4/9] AS KYRENIA FERRY DISASTER BECOMES POLITICAL CRISIS

12 DEAD, 16 MISSING [as at 4/9] AS KYRENIA FERRY DISASTER BECOMES POLITICAL CRISIS - KNews 6/9 by Rafaela Dimitriadi

Claims of locked exits, missing certificates and known mechanical faults have turned grief into public fury.


The tragedy in the occupied areas has sparked relentless questions, anger and despair.

Last Sunday, 267 people departed from Kyrenia port for Tasucu in Turkey’s Mersin province. They never reached their destination.

UN BACKS NEW MAP SHOWING AFRICA'S TRUE SIZE

UN BACKS NEW MAP SHOWING AFRICA'S TRUE SIZE - KNews 6/9

Africa has not grown, the world map many of us learned from simply made it look much smaller than it is.



The U.N. General Assembly has backed a move away from the widely used Mercator map towards the Equal Earth projection, which shows the relative size of continents more accurately.

The non-binding resolution, led by Togo and supported by the African Union, passed with 164 votes in favor, one against, and six abstentions.

STAVROS LANTSIAS PIANO TRIO+ - Rialto Theatre, Limassol - 25 September

STAVROS LANTSIAS PIANO TRIO+

Rialto Theatre, Limassol

25 September - 8.30pm

Concerts by Stavros Lantsias, Michalis Kalkanis, Michalis Kapilidis and special guest Babis Tyropoulos. Also September 26. Axiothea Mansion, Nicosia. 8.30pm. Tel: 22-894531. culture@ucy.ac.cy, www.rialto.com.cy

It is perhaps an unlikely combination when the sounds of Led Zeppelin and The Doors meet the classical melodies of Beethoven and Ennio Morricone, yet that is exactly what is coming up in a performance this September.