https://knews.kathimerini.com.cy/en/business/first-trade-and-tech-meeting-convenes
The United States and the European Union hope to discuss chip shortages, artificial intelligence and tech competition issues during the first Trade and Tech Council meeting this week,...
https://knews.kathimerini.com.cy/en/news/house-approves-overhaul-in-cyprus-power-grid
The Cyprus Transmission System Operator is calling on people and companies who wish to take part in the electricity market to register for training seminars, following the passage of legislation that aims to put an end to state monopoly after years of debate and EU warnings...
https://knews.kathimerini.com.cy/en/news/cyprus-must-meet-deadline-of-key-reforms-to-receive-the-next-85-million-from-the-eu
With the first 157m euros already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next 85m euros which is due to be received in February 2022....
https://knews.kathimerini.com.cy/en/business/global-ceo-confidence-returns-to-pre-pandemic-levels
CEOs of the world’s largest businesses are increasingly optimistic about the outlook for their own business and despite the Delta variant slowing down the ‘return to normal’, their confidence in the global economy has returned to levels not seen since the start of the pandemic....
https://knews.kathimerini.com.cy/en/news/10-reduction-in-electricity-costs
The Minister of Energy, Trade and Industry, Ms. Natasa Pileidou, today announced a series of measures designed to ease the skyrocketing costs of electricity in households and business....
https://knews.kathimerini.com.cy/en/news/ufi-code-required-for-all-chemical-based-products
According to GIS, as of January 2021, companies introducing new products into EU countries that contain harmful chemicals must have a UFI code....
https://knews.kathimerini.com.cy/en/news/pfizer-and-astrazeneca-approved-for-3rd-dose-in-uk
The Pfizer and AstraZeneca vaccines have been declared safe and approved for use as a 3rd dose in the UK....
https://knews.kathimerini.com.cy/en/business/ey-and-iif-survey-shows-climate-change-top-concern-for-banks
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-cryptocurrency
If you do a quick search on the internet on how many people have become “Bitcoin Millionaires” you will be inundated with stories of young individuals who invested their pennies some years ago and have now struck it rich. Currently there are over 100,000 accounts that hold US1,000,000 or more in Bitcoin....
https://knews.kathimerini.com.cy/en/news/biden-taps-close-advisor-as-energy-plots-thicken
US State Secretary Antony Blinken has appointed a businessman and former lobbyist as energy security envoy, signaling a new strategic focus in Washington in the aftermath of thorny geopolitics over Nord Stream 2 and unresolved issues relating to the eastern Mediterranean...
https://knews.kathimerini.com.cy/en/news/ecb-tells-cyprus-lawmakers-to-get-it-right
Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...
https://knews.kathimerini.com.cy/en/news/cyprus-passport-committee-issues-final-report
Over half of the golden passports approved by the President’s Cabinet in the Republic of Cyprus were illegal, a special committee has found, and it is now up to the attorney general to ascertain whether any ministers may have had fraudulent intent...
https://knews.kathimerini.com.cy/en/business/legal-departments-face-challenges-in-transformation-efforts
Legal departments across the globe are facing a mounting list of operational challenges as they look to transform in the wake of complex digital and regulatory change, according to the 2021 EY Law Survey, which was conducted in collaboration with the Harvard Law School Center on the Legal Profession...
https://knews.kathimerini.com.cy/en/business/2021-kpmg-ceo-outlook-pulse-survey
https://knews.kathimerini.com.cy/en/news/islandwide-rollout-of-pay-as-you-throw-programme-in-2022
The ‘pay as you throw’ programme is expected to be rolled out across Cyprus next year, President Nicos Anastasiades said Wednesday....
https://knews.kathimerini.com.cy/en/news/cyprus-to-resume-az-jabs-friday-after-eu-agency-gives-nod
The European Union’s drug regulatory agency said Thursday that the AstraZeneca vaccine is not linked to an overall increase in the risk of blood clots and that the benefits of use outweigh the risks, paving the way for European countries to resume administering the shots....
https://knews.kathimerini.com.cy/en/news/power-outage-refuels-reform-debate
A technical failure in the Vasilikos power plant was quickly restored Thursday morning, after rendering areas all over the Republic of Cyprus without electricity at a time when unions are up in arms over reforms in the industry...
https://knews.kathimerini.com.cy/en/news/cyprus-receives-first-batch-of-7-200-astrazeneca-doses
Cyprus received on Monday the first batch of 7,200 doses of the AstraZeneca coronavirus vaccine, of which the island expects to receive around 70,000 doses by the end of the month.
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https://knews.kathimerini.com.cy/en/news/policy-priorities-unaffected-by-pandemic-finmin-says
Despite the crisis of the Covid-19 pandemic Cyprus’ economic policies remain the same, targeting macroeconomic and financial stability, prudent fiscal policies, and establishing a competitive, business-friendly regulatory environment of high standards, Minister of Finance Constantinos Petrides said on Thursday....
https://knews.kathimerini.com.cy/en/comment/opinion/smoothening-the-cliff-edge-in-eu-uk-relations
The Trade and Cooperation Agreement (TCA) between the United Kingdom and the European Union came into effect on January 1, 2021, capping a tumultuous four-and-a-half-year period since the shocking result of the July 2016 Brexit referendum, in which 51.9% of the British voters voted in favor of leaving the EU. Subject to the delayed assent of the European Parliament, this UK-EU free trade agreement (FTA) extends zero-tariff and quota-free trade in goods between the two economic areas....
https://knews.kathimerini.com.cy/en/news/eu-to-buy-extra-100-mln-doses-of-pfizer-biontech-vaccine
The European Union will buy an extra 100 million doses of Pfizer and BioNTech's Covid-19 vaccine, bringing the total from the two firms to 300 million doses, European Commission President Ursula von der Leyen said on Tuesday....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-sponsors-3rd-anti-fraud-conference
EY Cyprus has, once again, sponsored and participated in the 3rd Cyprus Anti-Fraud Conference, which was organised by IMH and the Cyprus Chapter of the Association of Certified Fraud Examiners (ACFE). The event was held online on Tuesday 15th December...
https://knews.kathimerini.com.cy/en/news/astrazeneca-hitches-ride-with-russia-s-sputnik-in-vaccine-race
AstraZeneca will start clinical trials to test a combination of its experimental Covid-19 vaccine with Russia's Sputnik V shot aimed at boosting the efficacy of the British drugmaker's vaccine, Russia's sovereign wealth fund said on Friday....
https://knews.kathimerini.com.cy/en/business/disconnect-on-ethical-ai-priorities-between-public-and-private-sectors
In the survey of 71 policymakers and more than 280 global organizations, respondents ranked ethical principles by importance for 12 different AI use cases, and sentiment was measured around the risk and regulation of AI...
https://knews.kathimerini.com.cy/en/news/eu-criticizes-hasty-uk-approval-of-covid-19-vaccine
The European Union criticised Britain's rapid approval of Pfizer and BioNTech's Covid-19 vaccine on Wednesday, saying its own procedure was more thorough, after Britain became the first western country to endorse a Covid-19 shot....
https://knews.kathimerini.com.cy/en/news/pfizer-biontech-seek-eu-emergency-approval-for-covid-19-vaccine
Pfizer Inc and BioNTech’s Covid-19 vaccine could be rolled out in Europe this month, the companies said on Tuesday after they applied for EU emergency approval for the shot...
https://knews.kathimerini.com.cy/en/news/moderna-to-seek-us-eu-authorization-for-vaccine-on-monday
Moderna Inc will apply for US and European emergency authorization for its Covid-19 vaccine on Monday after full results from a late-stage study showed it was 94.1% effective with no serious safety concerns, the company said....
https://knews.kathimerini.com.cy/en/news/government-ups-rhetoric-against-auditor
The Cypriot government hinted over the weekend it might refer the auditor general to the Supreme Court over “indecent” behaviour, after the audit office published yet another damning report alleging offences in a Cabinet decision to grant investor passports to individuals linked to a casino project without meeting the criteria...
https://knews.kathimerini.com.cy/en/news/eu-drugs-watchdog-expects-first-application-for-covid-19-vaccine-in-days
Europe's drugs watchdog said on Thursday it expects to receive the first application for conditional marketing approval for a Covid-19 vaccine "in the coming days", the latest step towards making a shot available outside the United States....
https://knews.kathimerini.com.cy/en/news/pfizer-ends-covid-19-trial-with-95-efficacy
Pfizer Inc said on Wednesday that final results from the late-stage trial of its Covid-19 vaccine show it was 95% effective, adding it had the required two-months of safety data and would apply for emergency US authorization within days....