https://knews.kathimerini.com.cy/en/news/annita-demetriou-pays-tribute-to-jacques-delors
The EU has lost one of its most authentic visionaries and architects of modern European integration, Cyprus House President Annita Demetriou said, over the death of former Commission Head Jacques Delors.
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https://knews.kathimerini.com.cy/en/news/wolfgang-schauble-former-german-finance-minister-dies-at-81
Wolfgang Schäuble, the influential former German Finance Minister and speaker of the Bundestag, passed away at 81, leaving a profound mark on European financial affairs....
https://knews.kathimerini.com.cy/en/business/as-2023-ends-banks-and-unions-lock-horns-on-pay-structures
The banks and bank employees' unions are at odds over labor issues and the signing of new collective agreements. As we approach the end of 2023, no significant progress has been made in renewing collective agreements during the outgoing year....
https://knews.kathimerini.com.cy/en/news/prague-university-shooting-leaves-14-dead-in-tragic-massacre
In a horrifying incident, a lone gunman unleashed a barrage of gunfire in the philosophy department building of Charles University in downtown Prague, ...
https://knews.kathimerini.com.cy/en/news/ag-appeals-ruling-holding-state-liable-for-2013-laiki-bank-haircut
The Attorney General of the Republic of Cyprus has filed an appeal challenging a decision by the Limassol District Court dated November 8, 2023....
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/cbc-warns-of-non-performing-loan-surge-amid-economic-challenges
The Central Bank of Cyprus (CBC) issued a warning on Monday, cautioning about the potential influx of non-performing loans (NPLs) driven by high-interest rates and inflation, which are impacting households' disposable income and businesses' profitability....
https://knews.kathimerini.com.cy/en/news/themis-themistocles-signals-potential-2024-interest-rate-cut
In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...
https://knews.kathimerini.com.cy/en/news/billionaire-s-great-escape-kolomoiskyi-s-cyprus-flight-sparks-alarm
In a twist of legal intricacies, Ukrainian authorities are on high alert following the release of billionaire oligarch Ihor Kolomoiskyi. ...
https://knews.kathimerini.com.cy/en/news/farmers-rally-at-presidential-palace-over-subsidies
In a dramatic turn of events today, potato and wheat farmers engaged in clashes with the police during their protest outside the Presidential Palace....
https://knews.kathimerini.com.cy/en/business/sixt-pumps-the-bakes-on-tesla-as-it-halts-purchases-and-sells-existing-ev-stock
In a strategic move that underscores the evolving dynamics in the electric vehicle (EV) landscape, Sixt, a prominent German rental car company, has decided to discontinue purchasing Tesla vehicles and plans to sell off its current Tesla EV stock....
https://knews.kathimerini.com.cy/en/news/mortgage-to-rent-scheme-sparks-overwhelming-interest-as-call-centers-inundated
In a significant response to the newly launched 'Mortgage to Rent' Scheme by the implementing agency, KEDIPES, the service center has been inundated with hundreds of calls since the official commencement of the initiative today....
https://knews.kathimerini.com.cy/en/news/government-to-appeal-limassol-court-granting-compensation-for-laiki-bank-depositors
In a significant legal development, the Attorney General of the Republic of Cyprus is set to file an appeal against the recent decision of the Limassol District Court....
https://knews.kathimerini.com.cy/en/news/developer-s-double-plea-amidst-partially-frozen-road-project-in-akamas
None of those who attended the meeting of the Environment Committee left any wiser about what is happening in the projects that have been carried out in recent months for the first phase of improvement of part of the road network of the Akamas National Forest Park....
https://knews.kathimerini.com.cy/en/business/lagarde-s-stance-on-cryptos-revealed-amidst-family-investment-fallout
European Central Bank President Christine Lagarde disclosed that her son experienced significant losses while investing in cryptocurrency, as reported by Reuters on November 24. ...
https://knews.kathimerini.com.cy/en/business/city-of-dreams-mediterranean-faces-bumpy-start-with-181-job-losses
In a stark indicator of the challenges facing the Limassol casino-resort, the recent dismissal of 181 employees reveals significant issues four months after its grand opening. ...
https://knews.kathimerini.com.cy/en/news/bill-gates-predicts-a-3-5-day-work-week-with-ai
In a recent podcast, Bill Gates countered job loss concerns due to artificial intelligence, suggesting it might lead to a more relaxed work schedule....
https://knews.kathimerini.com.cy/en/news/a-9-year-old-s-heartbreaking-journey-from-hostage-to-home
In a harrowing ordeal, Emily Hunt spent her ninth birthday as a hostage in Gaza, caught in the crossfire of a Hamas attack in southern Israel. Reuniting with her father after fears of her demise, Emily's story sheds light on the toll of conflict.
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https://knews.kathimerini.com.cy/en/comment/opinion/the-honest-state
Whenever Cyprus becomes the focus of an international journalistic investigation, the perception within the media, political circles, and civil society follows a familiar pattern: initial anticipation or curiosity, followed by a few days of discussion about the country's reputation and questionable practices. ...
https://knews.kathimerini.com.cy/en/news/openai-s-loss-propels-altman-into-microsoft-s-arms
In a significant move that reverberates across the tech industry, Microsoft CEO Satya Nadella has confirmed the addition of former OpenAI CEO Sam Altman and ex-president Greg Brockman to Microsoft's talent pool....
https://knews.kathimerini.com.cy/en/news/taylor-swift-s-rio-concert-turns-tragic-as-fan-s-death-shakes-the-tour
In a heartbreaking turn of events, Taylor Swift expressed deep sorrow on Instagram before her concert in Rio de Janeiro, revealing the loss of a fan just hours before hitting the stage....
https://knews.kathimerini.com.cy/en/news/a-deep-dive-into-food-waste-solutions
A third of all food produced is never eaten, meanwhile millions go hungry. What can be done? Here are six simple solutions to food waste....
https://knews.kathimerini.com.cy/en/news/gaza-s-largest-hospital-caught-in-the-crossfire
Israel executed a targeted overnight raid on Gaza's largest medical facility, al Shifa hospital. Israeli forces asserted precision in their operation, aiming squarely at Hamas within a specific area....
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/business/eurozone-economic-snapshot-november-13-2023
Inflation in the Eurozone, which stood at 10.6% in October 2022, has decreased to 2.9% in October 2023, sparking optimism among central bankers....
https://knews.kathimerini.com.cy/en/news/financial-tsunami-looms-as-limassol-court-decision-sends-shockwaves-through-cyprus
In a potentially precedent-setting decision, the Limassol District Court has upheld its initial ruling in favor of a Russian depositor of the People's Bank, potentially exposing the state to financial implications of up to 2-3 billion euros....
https://knews.kathimerini.com.cy/en/news/russian-depositor-triumphs-over-laiki-bank-s-2013-haircut
The Legal Service, on behalf of the Republic of Cyprus and the Central Bank of Cyprus (CBC), will appeal the decision of the Limassol District Court, which awarded compensation to a depositor of the former Laiki Bank for the 2013 deposit haircut, according to CNA....
https://knews.kathimerini.com.cy/en/news/hellenic-employees-want-share-of-bank-s-excess-profits
The Cyprus Bank Employees' Union (CBCU) has called for a three-hour work stoppage at all Hellenic Banks on Monday, November 6, 2023, from 3:00 p.m. to 6:00 p.m....
https://knews.kathimerini.com.cy/en/news/sea-lice-disaster-hits-iceland-s-prominent-salmon-farm
Images of severely diseased, dead and dying salmon at an Icelandic fish farm, obtained by the Guardian, have been described by one veterinary expert as an “animal welfare disaster” on a scale never previously seen....
https://knews.kathimerini.com.cy/en/news/uk-accused-of-turning-a-blind-eye-to-israel-palestine-war
Concerns that the UK Foreign Office has neglected the Israel-Palestine conflict in its tilt to the Indo-Pacific and the pursuit of trade deals across the Middle East is to be investigated by the foreign affairs select committee....