https://knews.kathimerini.com.cy/en/business/germany-a-step-closer-to-rationing-after-russia-cuts-gas-supplies
The German government formally placed its energy market on a war footing Thursday over Russia's sharp reduction of gas supplies, telling households to reduce consumption and warning that industrial output will be hit.
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https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-drives-sustainable-digital-innovation-in-financial-services-with-kyndryl
Kyndryl, the world's largest IT infrastructure services provider and Bank of Cyprus, the leading banking and financial services group in Cyprus, announced an agreement to expand their collaboration with a new five-year managed IT services program that advances the Bank’s ESG commitments through 2030, by supporting the Bank’s levels of service, giving access and visibility to its products to all stakeholders....
https://knews.kathimerini.com.cy/en/news/it-s-full-steam-ahead-for-the-cyprus-greece-ferry
Preparations are on overdrive for the first ferry round-trip on Sunday between Cyprus and Greece after 21 long years, according to the shipping line coordinating the route....
https://knews.kathimerini.com.cy/en/news/cyprus-feeling-the-effects-of-russian-flight-ban
Cyprus' tourism industry is taking a huge hit from the lack of Russian and Ukrainian tourists, with an estimated loss of €600 million this year alone....
https://knews.kathimerini.com.cy/en/business/kpmg-in-cyprus-will-act-as-a-technical-service-consultant-for-the-treasury-of-the-republic-of-cyprus
KPMG in Cyprus will act as a technical service consultant, following participation in a public tender, for the provision of support to the Treasury of the Republic of Cyprus, in the framework of the implementation of the new eProcurement system....
https://knews.kathimerini.com.cy/en/business/myth-buster-ifrs-17-an-accounting-standard-for-insurance-contracts
As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...
https://knews.kathimerini.com.cy/en/news/eu-strikes-deal-on-adequate-minimum-wage-in-member-states
With a deal struck on Monday night, Parliament and Council negotiators agreed on EU rules to set adequate minimum wages, as provided by national law and/or collective agreements....
https://knews.kathimerini.com.cy/en/news/labor-minister-zeta-emilianidou-has-died-aged-68
The Presidency of the Republic has expressed its deepest sorrow over the death of Labour and Social Insurance Minister Zeta Emilianidou....
https://knews.kathimerini.com.cy/en/business/cbc-new-loans-drop-by-almost-50-in-april
Cypriot banks granted 50% fewer loans this month in comparison to last month due to a sizeable reduction in new housing loans....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-three-years-after-the-start-of-gesy-we-look-back-at-the-vision-and-the-challenges
In a few days, it will be three years since the implementation of the General Health System (GESY) in Cyprus, the largest reform ever carried out in the country....
https://knews.kathimerini.com.cy/en/news/orban-get-his-way-as-eu-bans-russian-oil
The European Union on Thursday gave its final approval to new sanctions on Russian oil and top bank Sberbank, after much wrangling with Hungary, as punishment for Russian President Vladimir Putin's Feb. 24 invasion of Ukraine...
https://knews.kathimerini.com.cy/en/news/seven-new-bicommunal-conservation-projects-underway
The bi-communal Technical Committee on Cultural Heritage is moving ahead with seven new conservation projects which are expected to be finished by the end of 2022 - beginning of 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-freezes-creation-of-juvenile-correctional-facility
The parliament in the Republic of Cyprus has failed to approve funds allocated for a juvenile detention center, causing the country to remain the only EU member state without a proper correctional facility for young offenders...
https://knews.kathimerini.com.cy/en/news/op-ed-a-cornered-rat-is-very-dangerous-indeed
Russian President Vladimir Putin has always been eager to share an instructive story from his childhood, about how, when he was growing up in poverty in Soviet Leningrad, he used to spend his days chasing rats....
https://knews.kathimerini.com.cy/en/news/corporal-dies-after-jeep-lands-on-top-of-her
A young female corporal was killed in an accident on Thursday morning after an army jeep at a military base in Kornos overturned and landed on her...
https://knews.kathimerini.com.cy/en/news/nouris-we-have-reached-the-point-where-migrants-call-the-police-and-ask-to-be-picked-up
In a bill submitted to Parliament, the Ministry of Justice and the Ministry of Interior are requesting the recruitment of 300 special police officers with a contract of up to 28 months to monitor the green line and conduct other tasks relating to the increased migration flow into the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/nameless-pay-as-you-go-phones-under-scrutiny
Police and intelligence officials in the Republic of Cyprus are pushing again for a ban on anonymous pay-as-you-go phones hoping it will help reduce crime, but critics and phone companies are not buying the argument...
https://knews.kathimerini.com.cy/en/business/price-hike-of-raw-materials-affecting-developers-and-construction-costs
The construction industry is suffering as the price hike of raw materials continues, with developers crushed under higher costs as they are deprived of Russian money....
https://knews.kathimerini.com.cy/en/news/cyprus-will-request-ec-permission-to-implement-mortage-to-rent-scheme
Cypriot authorities plan to submit in June an official request to the European Commission for the implementation of a mortgage-to-rent scheme, aiming to address non-performing loans collateralized by primary residences and SME business premises with an estimated contractual value of €3 billion....
https://knews.kathimerini.com.cy/en/news/cyprus-to-export-natural-gas-by-2026-energy-minister-says
Cyprus is hoping to begin exporting its natural gas from the “Aphrodite” gas field by 2026, Minister of Energy, Commerce and Industry, Natasa Pilides, has said....
https://knews.kathimerini.com.cy/en/business/cyprus-greece-ferry-connection-tariffs-and-dates
After 21 years, the maritime passenger connection between Cyprus and Greece becomes a reality. On June 19, M/V Daleela will set sail from the port of Limassol on its first of many roundtrip voyages to Piraeus, thus inaugurating the new service put in place by the Ministry of Shipping....
https://knews.kathimerini.com.cy/en/news/anastasiades-the-protection-of-employees-rights-is-a-priority
President Nicos Anastasiades on Sunday listed a number of government policies and strategies as well as decisions in favor of laborers, as he addressed an event organized by trade union SEK in honor of Labor Day at the village of Amiantos....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-hub-hopes-hanging-by-a-thread
Nicosia is eagerly awaiting news any day now that could potentially revive the island’s hopes in the energy game, with all eyes on whether a UK-based company with contracts in Israel could find enough gas to bypass red tape and send some of it to a friendly neighbor’s hub...
https://knews.kathimerini.com.cy/en/news/russia-deploys-trained-dolphins-at-black-sea-naval-base-according-to-satellite-images
Russia has deployed trained military dolphins at its naval base in the Black Sea – possibly to protect its fleet from an underwater attack – according to a new analysis of satellite images....
https://knews.kathimerini.com.cy/en/news/turkey-expands-usage-of-mir-to-circumvent-payment-problems-for-russian-tourists
Turkey is trying to attract more Russian tourists by expanding the usage of the Russian Mir payment system in Turkey as it seeks to bypass the payment bottleneck created by Western sanctions....
https://knews.kathimerini.com.cy/en/news/europe-scrambles-for-natural-gas-solution-as-putin-squeezes-supply
The European Union is racing to find alternative suppliers of natural gas after Russia's Gazprom cut flows to two EU nations, sparking fears that others will soon follow....
https://knews.kathimerini.com.cy/en/news/nicosia-drops-hint-at-ferry-link-this-summer
The Shipping Deputy Ministry in the Republic of Cyprus says a successful bidder for a state-subsidized ferry link to Greece has been asked to submit a proposal, with reports saying a summer connection could be launched this year...
https://knews.kathimerini.com.cy/en/news/surrender-window-opens-in-mariupol-to-spare-lives
The Russian Armed Forces offered Ukraine’s militants in Mariupol a way out on Sunday but there was no response, while the wife of the war-torn country’s pro-Russia opposition leader has called for his release in exchange of two British combatants...
https://knews.kathimerini.com.cy/en/business/cryptocurrency-having-your-regulated-firm-able-to-trade-in-cryptocurrency
Decentralized digital currency era began in 2008 by an unknown person named Satoshi Nakamoto which invented Bitcoin, the very first cryptocurrency. ...
https://knews.kathimerini.com.cy/en/news/eib-ready-to-offer-funding-to-mitigate-effects-of-ukrainian-war-on-cyprus
New investment opportunities in Cyprus, as well as funding to mitigate the effects of the war in Ukraine, were discussed on Monday by President Nicos Anastasiadis, Finance Minister Constantinos Petridis and European Investment Bank (EIB) President Werner Hoyer. ...
