https://knews.kathimerini.com.cy/en/business/consumers-to-buy-directly-from-automaker-not-from-dealer
Mercedes-Benz has reached an agreement with its European dealers to switch to a new dealership model, in which customers will buy directly from the automaker and not from the dealer, the German brand said....
https://knews.kathimerini.com.cy/en/business/property-sales-hit-14-year-high
Property sales in March, as measured by the number of sale contracts deposited at Land Registry offices, hit a 14-year high according to figures released by the Department of Lands and Surveys....
https://knews.kathimerini.com.cy/en/business/overcoming-talent-crunch-and-supply-chain-upheaval-among-biggest-success-indicators-for-tech-in-2022
Increased volatility rising out of the evolving COVID-19 pandemic has led to a reshuffling of priorities for the global technology industry....
https://knews.kathimerini.com.cy/en/business/major-projects-underway-in-larnaca-nicosia
The Cyprus real estate and construction sectors are moving past the demise of the scrapped Citizenship for Investment Programme, turning their attention to the capital and the once-neglected coastal town of Larnaca, while Limassol, with its high-rises and cosmopolitan lifestyle, is still seeing part of the action....
https://knews.kathimerini.com.cy/en/news/ten-more-years-of-roaming-without-additional-fees
The EU will renew the “Roam Like At Home” scheme for another ten years, under plans adopted by Parliament on Thursday....
https://knews.kathimerini.com.cy/en/news/putin-wants-unfriendly-countries-to-pay-for-russian-gas-in-roubles
Russia will seek payment in roubles for gas sales from “unfriendly” countries, President Vladimir Putin said on Wednesday, sending European gas prices soaring on concerns the move would exacerbate the region’s energy crunch....
https://knews.kathimerini.com.cy/en/business/everything-you-need-to-know-about-crypto-today-at-least-for-the-next-8-hours
Don’t be intimidated by my headline if you know nothing about Bitcoin or the Bored Ape Yacht Club. You are in the majority....
https://knews.kathimerini.com.cy/en/news/cyprus-produced-543-000-tons-of-solid-waste-in-2020
Today, March 18, marks World Recycling Day. It is the day when people around the world raise awareness on the importance of recycling and reuse, which are key to converting waste into resources for a circular economy....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-cryptocurrencies-investment-firms-trading-in-cryptocurrencies-authorization-required
Cryptocurrencies have taken the world by surprise in recent years, and transformed as the absolute trend in the virtual investing world. ...
https://knews.kathimerini.com.cy/en/news/finance-ministry-increases-2022-inflation-estimate-to-4
The Ministry of Finance has revised an initial 2022 inflation estimate of 1.5% to 4% due to the rise in petrol prices in the midst of the crisis in Ukraine....
https://knews.kathimerini.com.cy/en/business/russia-is-seizing-western-built-airliners-while-sanctions-block-parts-maintenance-and-support
On Monday, Russian President Vladimir Putin signed a law that will allow Russian airlines to take control of hundreds of the Western-built planes leased from international firms, Russian news agency TASS reported, per The Wall Street Journal....
https://knews.kathimerini.com.cy/en/news/kasoulides-confidence-building-measures-postponed-for-now-due-to-ukraine-crisis
The promotion of Confidence Building Measures (CBMs) between the two communities in Cyprus will continue at a later stage due to developments in Ukraine, Foreign Minister Ioannis Kasoulides told CNA....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-cryptocurrencies-forex-companies-trading-in-cryptocurrencies-as-underlying-asset-how-to-apply
Derivatives on virtual currencies / cryptocurrencies, such as contracts for differences (CFDs), options and futures, can qualify as financial instruments under MiFID II. Subsequently, the provision of investment services in relation to financial instruments with cryptocurrencies as underlying asset in and/or from Cyprus, requires specific authorisation by the Cyprus Securities and Exchange Commission (CySEC)....
https://knews.kathimerini.com.cy/en/news/study-certain-blood-types-may-be-more-or-less-vulnerable-to-covid
Blood type doesn’t affect much in our daily lives. In fact, most people don’t even know whether they’re Type A, B, AB, or O. But the seemingly-banal detail might be a factor in who comes under the thumb of 2020’s worldwide tyrant—that is, coronavirus....
https://knews.kathimerini.com.cy/en/news/health-ministry-issues-instructions-for-discharge-of-covid-19-cases
Cyprus` Health Ministry issued new instructions on Monday regarding the discharge of people who contracted COVID-19. These instructions will be put into effect as of Tuesday, March 8....
https://knews.kathimerini.com.cy/en/news/europe-wholesale-gas-prices-surge-to-record-on-russia-supply-fears
Wholesale gas prices in Europe have surged above €200 a megawatt-hour for the first time as big consumers fret about supplies from Russia....
https://knews.kathimerini.com.cy/en/business/russian-bank-subsidiary-in-europe-collapses
While the Moscow Stock Exchange remains closed for a third straight day and the ruble is losing value inside and outside Russia, heading back to Monday's record low again, the ECB yesterday confirmed the first bankruptcy of a subsidiary in Europe caused by sanctions and massive withdrawals. ...
https://knews.kathimerini.com.cy/en/news/european-plan-to-donate-fighter-jets-to-ukraine-collapses
A proposed deal to allow Ukrainian pilots to fly fighter jets donated by European Union countries has fallen apart....
https://knews.kathimerini.com.cy/en/news/police-probe-water-theft-in-chloraka-s-refugee-complex
A man has been arrested in Paphos after the local council in Chloraka filed a complaint for illegal tapping of water supply at a controversial apartment complex where hundreds of refugees have been asked to leave...
https://knews.kathimerini.com.cy/en/news/russian-ambassador-to-cyprus-stanislav-osadchiy-discusses-russia-s-plans-in-ukraine
Russia`s plans do not include the occupation of Ukrainian territories, but the protection of civilians and Russian citizens in Donetsk and Luhansk, Russian Ambassador to Cyprus Stanislav Osadchiy said in a statement to CNA on Thursday....
https://knews.kathimerini.com.cy/en/news/greece-halts-seismic-surveys-off-corfu-over-whale-strandings
Greece’s Environment and Energy Ministry ordered a temporary stop to seismic surveys in the northern Ionian amid concerns that the activity is responsible for the recent stranding of three Cuvier’s beaked whales in shallow waters on the coast of the island of Corfu....
https://knews.kathimerini.com.cy/en/news/historic-leak-of-swiss-banking-records-reveals-unsavory-clients
Despite two decades of pledges by Credit Suisse to crack down on illegitimate funds, data leaked from the bank reveals that it catered to dozens of criminals, dictators, intelligence officials, sanctioned parties and political actors with outsized wealth....
https://knews.kathimerini.com.cy/en/business/digital-ruble-trial-goes-live-as-bank-of-russia-insists-on-bitcoin-ban
Amid more reports on the Bank of Russia rejecting the Finance Ministry’s proposal of cryptocurrency regulation, the central bank has kicked off trials of its own digital currency....
https://knews.kathimerini.com.cy/en/news/cyprus-feels-the-need-to-transform-shipping-into-a-low-carbon-industry-says-president
As a leading maritime nation, Cyprus feels responsible to accelerate the transition of shipping to a low carbon and climate-resilient industry, President Nicos Anastasiades said on Friday, addressing the One Ocean Summit taking place in Brest, under the aegis of the EU French Presidency....
https://knews.kathimerini.com.cy/en/news/deputy-minister-of-tourism-upbeat-over-tourist-flows-from-russia-in-2022
Cyprus Deputy Minister of Tourism Savvas Perdios said he received optimistic messages over this year’s tourist flows from Russia, the island’s second-largest tourist market....
https://knews.kathimerini.com.cy/en/news/coronavirus-research-shows-antibodies-in-99-of-cases-even-20-months-later
Coronavirus antibodies show up even 20 months after the disease in almost all organisms that survive Covid-19, according to a new US study. But it is not clear whether they protect against new infections, especially with newer mutations....
https://knews.kathimerini.com.cy/en/news/mayor-says-cypriots-let-down-in-spy-van-case
Paphos Mayor Phedonas Phedonos says the Cypriot state let citizens down in the spy van case, suggesting it was settled with a fine and not a court trial to keep things hushed up...
https://knews.kathimerini.com.cy/en/business/cyprus-had-the-highest-stock-of-npls-in-eu-in-2020-eurostat-says
Cyprus remained the country with the highest stock of non-performing loans (assets) of the general government in 2020, according to data released by Eurostat, the statistical office of the European Union....
https://knews.kathimerini.com.cy/en/business/can-banking-institutions-unilaterally-impose-new-policies-on-clients-with-housing-loan-agreements
I have recently been dealing with a case where a banking institution in Cyprus has requested from the client to either repay his housing loan earlier or transfer his loan to another bank. ...
https://knews.kathimerini.com.cy/en/news/strengthening-cyprus-anti-aircraft-umbrella-high-on-the-ministry-of-defence-agenda
An in-depth study of proposals submitted by various countries for the procurement of a system that will strengthen the Republic’s anti-aircraft umbrella was completed by the Ministry of Defence, according to information obtained by the Cyprus News Agency (CNA)....
