https://knews.kathimerini.com.cy/en/news/russia-s-lukoil-completes-sale-of-oil-refinery-in-italy
Russia's second-largest oil producer Lukoil said on Thursday its subsidiary LITASCO had completed the sale of the ISAB oil refinery in Sicily to Cypriot private equity firm G.O.I. Energy following approval by Italian authorities...
https://knews.kathimerini.com.cy/en/news/the-hypocrisy-over-varosha
The news of three hotels owned by Greek Cypriots being sold to a Turkish Cypriot entrepreneur in Varosha summarizes our ongoing hypocrisy in the Cyprus issue, both in terms of the displaced and the property aspect in the negotiations....
https://knews.kathimerini.com.cy/en/news/chatgpt-shares-grim-predictions-of-how-humanity-could-be-wiped-out
As tech experts warn that the rapid evolution of artificial intelligence could threaten humanity, OpenAI's ChatGPT weighed in with its own predictions on how humanity could be wiped off the face of the Earth....
https://knews.kathimerini.com.cy/en/news/health-ministry-reports-10-deaths-and-over-2000-cases-of-covid
Ten deaths were announced by the Ministry of Health between April 21 to May 4 due to COVID-19 as well as 2.404 new cases....
https://knews.kathimerini.com.cy/en/news/romanians-protest-for-schengen-accession
Hundreds of Romanians participated in the protest organized in Brussels by the Alliance for the Union of Romanians (AUR) party to stop treating Romanians as second-class European citizens....
https://knews.kathimerini.com.cy/en/news/cyprus-behind-on-freezing-russian-assets-eu-official-says
The European Union’s executive arm wants to delve deeper into why Cyprus has only frozen 100 million euros ($110 million) worth of assets belonging to Russians facing sanctions amid the war in Ukraine, the bloc’s justice commissioner said Thursday...
https://knews.kathimerini.com.cy/en/news/cypriot-firms-struggle-to-detach-from-sanctioned-providers
The business registrar in the Republic of Cyprus has been flooded with requests from companies scrambling to make changes to their structures, after hundreds of firms on the island saw their assets frozen due to new sanctions targeting agencies viewed by Washington and London as 'Russian enablers'...
https://knews.kathimerini.com.cy/en/news/cypriot-ex-president-denies-interfering-with-soccer-probe
Former president Nicos Anastasiades, who has denied accusations that he unlawfully interfered in a soccer match-fixing probe, engaged in a back-and-forth with his accuser after he dropped the bombshell firsthand account allegations during a public podcast...
https://knews.kathimerini.com.cy/en/news/russia-blames-us-for-drone-attack
Russia attacked several Ukrainian cities with explosive drones overnight, though Ukraine said Thursday that it had managed to shoot most of them down. Russia called the attack payback for what it claims was an alleged attempt by Ukraine to attack the Kremlin in Moscow using drones on Wednesday....
https://knews.kathimerini.com.cy/en/news/eu-gives-€60-80m-to-fund-hellenic-defense-systems
As part of the moves to strengthen the European defense industry, based on the increased need for defense equipment resulting from the war in Ukraine,...
https://knews.kathimerini.com.cy/en/news/eu-commissioner-and-cyprus-ag-discuss-strengthening-rule-of-law-and-sanctions
The Attorney General of Cyprus, George Savvidis, met with the Commissioner of Justice of the European Union, Didier Reynders, on Thursday at the Legal Service to discuss several topics of mutual concern.
Subtitle: Didier Reynders and George Savvidis meet to discuss strengthening the Office of the Attorney General, reviewing decisions made under Cyprus Investment Program, and imposing sanctions against Russian and Belarusian entities in Cyprus....
https://knews.kathimerini.com.cy/en/news/kilicdaroglu-s-visa-free-travel-pledge-to-europe-unlikely-to-happen-soon
The pledges of the Turkish Presidential Candidate, Kemal Kilicdaroglu, made last month regarding visa-free travel with Europe within three months may not become a reality any time soon after German officials denied such claims....
https://knews.kathimerini.com.cy/en/news/paris-supports-dialogue-on-cyprus-issue
President Christodoulides' visit to Paris to meet with French President Emmanuel Macron confirms the excellent level of bilateral relations between Cyprus and France. ...
https://knews.kathimerini.com.cy/en/news/chevron-pushes-forward-with-cyprus-tricky-move
Chevron has reportedly started drilling a key appraisal well offshore Cyprus, a development mired in geopolitical controversy over the ethnically-split island as well as neighbor relations...
https://knews.kathimerini.com.cy/en/news/commissioner-in-cyprus-to-probe-russian-asset-freeze
Commissioner Reynders will request information on the total value of the assets of 'Russian oligarchs' in Cyprus that have been frozen by the authorities he told Cyprus News Agency in an interview, noting that so far, according to official figures 104 million euros in assets have been frozen, which is considered a low amount...
https://knews.kathimerini.com.cy/en/news/vulture-from-spain-dies-of-electrocution-in-cyprus
A vulture born in Spain and released in Cyprus to help repopulate the island was tragically killed on Sunday, when the magnificent bird collided with power lines in Limassol...
https://knews.kathimerini.com.cy/en/news/green-line-border-agents-get-ready-for-action
Over two hundred Green Line border agents will report on duty later this month on the Greek Cypriot side of the UN buffer zone, but the newly-hired sergeants will only focus on irregular migrants, leaving drug trafficking and other crimes off the agenda...
https://knews.kathimerini.com.cy/en/news/eu-court-rejects-appeals-against-use-of-bbqloumi-and-grilloumi
The General Court of the EU rejected two appeals made by the Foundation for the Protection of Traditional Cheese named Halloumi against the use of BBQLOUMI and GRILLOUMI by companies in Bulgaria and Sweden....
https://knews.kathimerini.com.cy/en/business/dr-charis-savvides-joins-grant-thornton-cyprus
Grant Thornton Cyprus is pleased to announce that Dr Charis Savvides joined the Firm as the Funds and Regulatory Compliance Services Leader. This appointment is part of the Firm’s strategic plans to enhance its advisory offering and at the same time, to meet growing client demands....
https://knews.kathimerini.com.cy/en/business/expanding-profitability-and-strengthening-capital-position
Group Financial Results for the year ended December 31, 2022...
https://knews.kathimerini.com.cy/en/comment/opinion/here-comes-the-digital-euro
The digital euro is set to be a new form of digital currency from the European Central Bank. It will aim to provide a secure, fast and efficient method of payment in the European Union and will be based on a distributed ledger technology,...
https://knews.kathimerini.com.cy/en/business/astrobank-reward-plan-for-good-borrowers
Astrobank is currently developing a plan to reward its consistent borrowers by providing relief for those who have mortgage loans worth up to €350,000....
https://knews.kathimerini.com.cy/en/news/police-enforcing-smoking-ban-in-closed-spaces
Police and health officials in Cyprus have joined forces to launch a new campaign to combat smoking in closed spaces. The initiative, which began on April 28 and will run until June 17, aims to enforce the Health Protection Law and will involve inspections of nightclubs and other venues where smoking is prohibited....
https://knews.kathimerini.com.cy/en/business/employers-and-trade-unions-clash-over-cola-index-proposal
Today, Wednesday, May 3rd, employers will have a meeting regarding the Cost of Living Adjustment (CoLA) index, and on Thursday, May 4th, the trade unions will have theirs....
https://knews.kathimerini.com.cy/en/news/sexual-harassment-now-a-separate-disciplinary-offence-in-police-and-fire-brigade
The Council of Ministers unanimously approved a proposal from the Ministry of Justice and Public Order to classify sexual harassment as a separate disciplinary offense in the Police and Fire Brigade. The decision was made during a meeting held on Tuesday....
https://knews.kathimerini.com.cy/en/news/14-year-old-kills-8-classmates-and-security-guard-in-belgrade
A 14-year-old boy opened fire in his Belgrade classroom on Wednesday morning, shooting dead eight fellow pupils and a security guard in a pre-planned attack and wounding seven others, Serbian officials said....
https://knews.kathimerini.com.cy/en/news/banks-announce-measures-on-interest-rates
Since July 2022, lending rates in Cyprus have risen by 3.5%, putting borrowers in a difficult position with dangerously increasing loan repayments....
https://knews.kathimerini.com.cy/en/news/cyprus-2022-household-assets-reach-€59-7b-debt-at-€20b
In December 2022, the total value of financial assets held by households was €59.7 billion. Out of this amount, 62% was invested in currency, deposits, and loans, 2% was allocated to debt securities, 19% was invested in stocks, and the remaining 17% was invested in other types of financial instruments....
https://knews.kathimerini.com.cy/en/business/1-building-land-for-sale-by-astrobank
AstroBank is selling building land in various districts of Cyprus such as Paphos, Larnaca, Famagusta, and Nicosia....
https://knews.kathimerini.com.cy/en/news/more-than-330-000-people-displaced-in-sudan-due-to-conflict
Deadly conflicts in Sudan have displaced more than 330,000 people inside the country, while more than 100,000 have crossed the border to neighboring countries, the United Nations has announced....