https://knews.kathimerini.com.cy/en/business/covid-19-is-adding-new-impetus-to-finance-transformation
https://knews.kathimerini.com.cy/en/business/ey-welcomes-eleni-sofocleous-as-a-director-in-ey-cyprus-tax-practice
EY Cyprus, staying true to its commitment to building a better working world, always looks to reinforce its teams with the brightest talents. In this context, we are proud to announce that, as of 11th of January 2021, Eleni Sofocleous has joined EY’s Tax practice...
https://knews.kathimerini.com.cy/en/business/cyprus-remains-an-attractive-investment-destination
Cyprus remains an attractive investment destination, especially among established investors
...
https://knews.kathimerini.com.cy/en/news/5g-bidding-process-wraps-up-first-licences-in-january-2021
The bidding process of the 5G frequencies auction wrapped up smoothly on Thursday, with the first licences expected to be distributed in January 2021, a press release by the Deputy Ministry of Research, Innovation and Digital Policy, said....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-designs-unaffected-by-turkey-s-provations-president-says
Cyprus President Nicos Anastasiades said Tuesday that that the Republic, as a sovereign and independent state and despite Turkey’s provocations, threats and illegal activities, is determined to go ahead with the implementation of its energy policy....
https://knews.kathimerini.com.cy/en/business/kpmg-survey-shows-biodiversity-related-risk-remains-under-reported
While it is notable that 80% of the world’s 250 largest companies now report on sustainability, biodiversity-related risk remains significantly under-reported by the global business community...
https://knews.kathimerini.com.cy/en/business/customised-solutions-our-expertise-can-help-the-hotel-sector-recover
APC Audit Tax Advisory Ltd and CITR Cyprus Ltd, have decided to join forces to offer a complete package of services to Cypriot Hoteliers, which will contain the vital innovative and customized solutions that are necessary, in order to properly deal with the evolving pandemic...
https://knews.kathimerini.com.cy/en/news/cyprus-experiencing-excessive-macroeconomic-imbalances
The European Commission said Wednesday that Cyprus continues to face excessive macroeconomic imbalances, particularly in view of the country’s very high percentage of non-performing loans that continue to plague the financial sector, but also in light of high private sector, government, and external debt....
https://knews.kathimerini.com.cy/en/business/kpmg-announces-it-will-be-net-zero-carbon-by-2030
KPMG announced its intention to become a net-zero carbon organisation by 2030, as part of its continued focus on delivering growth in a sustainable way and providing climate solutions for member firms, clients and society...
https://knews.kathimerini.com.cy/en/business/network-resilience-in-a-post-pandemic-world
While telcos have largely risen to the challenge of withstanding a surge in network demand during the COVID-19 pandemic, pressure to maintain infrastructure resilience and expand reach emerges as the most pressing sector challenge...
https://knews.kathimerini.com.cy/en/business/covid-19-calls-for-digital-technology-investments-in-oil-and-gas
Ninety percent of oil and gas executives agree that investments in technology and workforce are essential to surviving current market conditions, according to a new EY survey...
https://knews.kathimerini.com.cy/en/business/ey-attractiveness-survey-cyprus-2020
EY Attractiveness Survey Cyprus 2020: Investors are optimistic about the country’s attractiveness over the coming years, but state that there is room for improvement...
https://knews.kathimerini.com.cy/en/business/megatrends-that-will-shape-the-future
EY’s recent report, Megatrends 2020 and beyond, examines the new "megatrends", the forces that created them and their potential impact...
https://knews.kathimerini.com.cy/en/news/antonis-polemitis-at-digital-agenda-cyprus-summit-2020
Mr. Polemitis has two decades of experience in higher education, private equity, and software development. He has a deep understanding of global higher education, having served as a CEO, investor, board member, instructor and technology developer in the field. He has been a principal or advisor for a broad range of corporate financings in the United States, Europe, Latin America and India, ranging from multi-billion dollar industrial buyouts to early stage venture capital. He has also led the development of high-scale cloud-based technology platforms in multiple industries....
https://knews.kathimerini.com.cy/en/business/mba-scholarships-at-ciim-for-oil-gas-management
https://knews.kathimerini.com.cy/en/news/greece-us-affirm-commitment-to-boosting-ties-after-high-level-review
Greece and the US on Monday issued a joint statement following a high-level review of the US-Greece Strategic Dialogue that took place in Thessaloniki amid a visit to the northern port by US Secretary of State Mike Pompeo and Greek Foreign Minister Nikos Dendias....
https://knews.kathimerini.com.cy/en/business/kpmg-cyprus-supports-‘back-to-school-supplies-for-all-children
KPMG in Cyprus supports the Pancyprian Volunteerism Coordinative Council’s campaign ‘Back to School Supplies for ALL children’...
https://knews.kathimerini.com.cy/en/news/government-extends-support-schemes-until-end-october
The Cabinet on Thursday decided to extend current government support programs aiming to cushion the blow of the coronavirus pandemic until the end of October, Labour Minister Zeta Emilianidou said....
https://knews.kathimerini.com.cy/en/business/over-half-of-emea-private-businesses-expect-revenue-to-decline
https://knews.kathimerini.com.cy/en/news/biden-in-hot-water-over-erdogan-comments
US presidential candidate and presumptive nominee for the Democrats, Joe Biden, is in hot water over old comments he made about Turkey’s Erdogan, after a video surfaced just days before the launch of the Democratic National Convention...
https://knews.kathimerini.com.cy/en/news/lng-terminal-project-marks-new-era-for-cyprus
The infrastructure for the introduction of liquefied natural gas for electricity generation places Cyprus on track for a new energy era, opening new strong prospects for the island’s economy, President of the Republic Nicos Anastasiades said on Thursday...
https://knews.kathimerini.com.cy/en/news/pandemic-impact-on-tourism-poses-significant-risks-to-cyprus-economy
The European Commission’s summer economic forecast expects significant risks to the Cyprus economy as a result of the coronavirus pandemic’s impact on the tourism sector, which is predicted to see just 25% of last year’s revenues and high unemployment....
https://knews.kathimerini.com.cy/en/news/unhcr-report-one-per-cent-of-humanity-displaced
A UN Refugee Agency report released on Thursday showed that forced displacement is now affecting more than one per cent of humanity – 1 in every 97 people – and with fewer and fewer of those who flee being able to return home....
https://knews.kathimerini.com.cy/en/news/post-lockdown-jump-in-coronavirus-cases-rattles-turkish-officials
Turkey may have to adopt a harder line on social interactions following a worrying jump in coronavirus infections but it has no plans to reverse an easing of lockdown restrictions aimed at reviving the economy, officials say....
https://knews.kathimerini.com.cy/en/business/kpmg-launches-series-of-technical-webinars
https://knews.kathimerini.com.cy/en/news/cyprus-public-debt-spikes-to-€24-5-billion-due-to-covid-19-crisis
Cyprus General Government debt spiked to €24.56 billion according to official data in April, reflecting the large debt issuances by the Finance Ministry to mitigate the impact of the coronavirus outbreak to the economy....
https://knews.kathimerini.com.cy/en/news/repair-and-prepare-eu-unveils-€750-bln-plan-for-coronavirus-recovery
The European Commission unveiled on Wednesday a plan to borrow on the market and then disburse to EU countries 750 billion euros in grants and loans to help them recover from their coronavirus slump, giving an immediate boost to the euro....
https://knews.kathimerini.com.cy/en/comment/opinion/v-e-day-marked-the-turning-point-towards-a-democratic-prosperous-and-peaceful-future
Today is the 75th anniversary of the Allied Victory in Europe in World War II - “V-E Day.” This is a day to remember and honor the shared sacrifice, enduring commitment, and unflinching bravery of the Allied forces and the underground movements in defeating Fascism in Europe. We also remember the immense sorrow and misery suffered by so many, and we recognize the bravery and sacrifice of tens of millions of civilians in the Second World War....
https://knews.kathimerini.com.cy/en/news/eurozone-set-for-record-recession-eu-commission-warns
The eurozone economy will contract by a record 7.7 percent this year because of the Covid-19 pandemic and inflation will almost disappear while public debt and budget deficits will balloon, the European Commission forecast on Wednesday....
https://knews.kathimerini.com.cy/en/news/lagarde-draws-line-on-how-far-ecb-largesse-can-go
European Central Bank President Christine Lagarde drew the line on how far the ECB could go in helping virus-stricken eurozone countries on Wednesday, saying lending to governments directly would be illegal and handing out cash to citizens difficult....