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/business/bank-of-cyprus-posts-net-profit-of-€21-million-in-q1-and-a-record-of-new-loans
Bank of Cyprus group announced on Thursday a net profit of €21 million for the first quarter of 2022, compared to net profit of €8 million in the first quarter of 2021....
https://knews.kathimerini.com.cy/en/life/eurovision-2022-greece-has-qualified-for-the-final-video
Amanda Georgiadi of Greece qualified for the grand final of the 66th Eurovision Song Contest, held at the "Pala Olimpico" in Turin....
https://knews.kathimerini.com.cy/en/news/spread-of-covid-baffles-locked-down-shanghai-residents
The cases underscore how difficult it is to stop the spread of the highly transmissible Omicron variant as China clings to its zero-COVID policy, perpetuating a cycle of lockdowns, as well as bafflement, anguish and anger....
https://knews.kathimerini.com.cy/en/business/lower-interest-rates-on-deposits-and-consumer-loans
A decrease in interest rates on deposits and consumer loans and a marginal increase in the interest rates on mortgages can be seen in the data published on Thursday by the Central Bank of Cyprus for March 2022....
https://knews.kathimerini.com.cy/en/business/cyprus-is-the-1st-country-in-the-eu-with-100-5g-coverage
Cyta has announced the completion of the pan-Cypriot 5G mobile network that offers state-of-the-art telecommunications services throughout the country, even in its most remote areas. This makes Cyprus the 1st country in the EU with 100% population coverage....
https://knews.kathimerini.com.cy/en/news/‘i-will-visit-athens-when-we-win-the-war-ukraine-s-president-tells-kathimerini
Volodymyr Zelenskyy looked worn, he was probably sleepless, but he spoke passionately in his signature husky, nasal voice, stopping often to take a sip of coffee from the cup next to him....
https://knews.kathimerini.com.cy/en/news/counter-protesters-in-cyprus-challenge-pro-russia-rally
Cyprus Police held back Ukrainian demonstrators who attempted to disrupt a pro-Russia rally on Saturday, as a motorcade with tricolor flags headed to Limassol’s seafront to show support as Moscow wages war against Kiev...
https://knews.kathimerini.com.cy/en/business/cablenet-reports-double-digit-growth-for-2021
During 2021 revenue reached €53.5M, a healthy 14% growth over 2020. This double-digit growth in revenue was driven, largely by the significant growth in the overall Subscriber base, which recorded a 30% increase over the previous year. ...
https://knews.kathimerini.com.cy/en/news/hellenic-acquires-553-million-euros-worth-of-cypriot-corporate-loans-from-rcb
Hellenic Bank has acquired 553 million euros worth of Cypriot business loans from RCB Bank, increasing its loan portfolio to over 7.2 billion euros....
https://knews.kathimerini.com.cy/en/news/putin-vows-russia-will-prevail-in-ukraine-but-glitch-cuts-tv-broadcast
Russian President Vladimir Putin justified the invasion of Ukraine before a packed soccer stadium on Friday but coverage of his speech on state television was unexpectedly interrupted by what the Kremlin said was a technical problem with a server....
https://knews.kathimerini.com.cy/en/news/uk-revokes-russian-channel-rt-s-licence-citing-links-to-kremlin
Britain's media regulator on Friday revoked Russian-backed television channel RT's licence to broadcast in the United Kingdom, citing its links to the Kremlin....
https://knews.kathimerini.com.cy/en/news/refugees-from-ukraine-the-government-s-temporary-aid-package
An inter-ministerial committee that convened under the chairmanship of Interior Minister Nikos Nouris concluded with specific measures to host Ukrainian citizens in Cyprus who have fled their country due to the hostilities....
https://knews.kathimerini.com.cy/en/news/moscow-announces-harsh-sanctions-against-british-interests-in-russia
The Russian Foreign Ministry today pledged to impose tough but proportionate measures against British interests in Russia over what it called a "sanctions hysteria" by London in the midst of the war in Ukraine.
...
https://knews.kathimerini.com.cy/en/news/anonymous-group-takes-down-three-russian-news-websites-after-attacking-kremlin-backed-channel-rt
Anonymous collective have taken down three Russian news agency websites after attacking Kremlin-backed channel RT....
https://knews.kathimerini.com.cy/en/business/cypriot-npls-unchanged-in-november
Total nonperforming loans (NPLs) in Cyprus’ banking sector saw no significant change in November 2021, reaching 4.24 billion euros from €4.26 billion the previous month, according to data released on Friday by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/no-to-relaxations-for-now-the-omicron-could-cause-serious-illness
Relaxations of measures against the further spread of Covid-19 will depend on the epidemiological picture, Dr. Petros Karayiannis told the Cyprus News Agency on Monday, pointing out that though there has been a stabilization in daily cases, the number now is at around 3,000....
https://knews.kathimerini.com.cy/en/news/cabinet-approves-small-changes-to-coronavirus-measures
The Council of Ministers today approved small changes to the covid measures in place, including lifting the prohibition of entry in food and drink establishments and theatres to unvaccinated minors between 12 and 17 years of age and extending the "test to stay" measure to the National Guard....
https://knews.kathimerini.com.cy/en/business/facebook-entrenching-greece-on-tech-map
The Facebook parent company, Meta Platforms, Inc, is reportedly in advanced discussions for the establishment of a Greek subsidiary, under whose umbrella international activities that are currently being implemented in other countries can be transferred....
https://knews.kathimerini.com.cy/en/business/billionaire-mark-cuban-opens-online-pharmacy-to-provide-affordable-generic-drugs
Mark Cuban has officially launched his newest venture—the online pharmacy Cost Plus Drugs....
https://knews.kathimerini.com.cy/en/news/buses-in-nicosia-and-larnaca-go-5g
Connecting to a Wi-Fi network with 5G speed will now be possible for passengers of the Cyprus Public Transport buses. ...
https://knews.kathimerini.com.cy/en/business/npls-in-cyprus-banks-down-by-€32-million-at-the-end-of-october
Total non-performing loans (NPLs) in the Cyprus banking sector decreased by €32 million at the end of October 2021, compared to the previous month, when total loans increased by €14 million to € 27.91 billion....
https://knews.kathimerini.com.cy/en/news/test-to-stay-to-be-implemented-in-health-professions-police-and-fire-department
At today's Cabinet meeting, the Minister of Health, Mr. Michalis Hadjipantela, presented the suggestions of the members of the Scientific Advisory Committee discussed during yesterday's meeting, which included an analysis of data recorded and evaluated by the tracking team and nurses as well as the rates of vaccination coverage of the population. ...
https://knews.kathimerini.com.cy/en/news/freedom-of-movement-within-the-eu-will-no-longer-be-regulated-by-country-of-origin
After calls to simplify COVID travel rules within the EU, EU Ministers meeting at the General Affairs Council in Brussels agreed on Tuesday that the three main criteria for travel within the EU will be vaccination status, covid test results or recovery certificates....
https://knews.kathimerini.com.cy/en/business/airlines-worldwide-rush-to-change-flights-over-us-5g-problem
Airlines across the world, including the long-haul carrier Emirates, rushed Wednesday to cancel or change flights heading into the U.S. over an ongoing dispute about the rollout of 5G mobile phone technology near American airports....
https://knews.kathimerini.com.cy/en/news/in-greece-unvaccinated-older-people-now-face-monthly-fines
Greece Monday imposed a vaccination mandate for people over age 60, as coverage remains below the European Union average and a recent spike in infections has sustained pressure on hospitals....
https://knews.kathimerini.com.cy/en/news/quebec-to-impose-tax-on-those-who-refuse-covid-19-vaccinations
Quebec will impose a tax on those who aren’t vaccinated against COVID-19 to offset their disproportionate cost to the health care system and encourage more people to get their shots....
https://knews.kathimerini.com.cy/en/news/a-market-based-solution-to-the-anti-vaxxer-problem
As the world grapples with the fast-spreading Omicron variant and its potentially devastating consequences, a major policy dilemma revolves around how governments might nudge the unvaccinated or partially vaccinated to join the ranks of those who are fully protected....
https://knews.kathimerini.com.cy/en/business/npls-in-cyprus-decrease-€722-million-at-the-end-of-september
Α decrease of €722 million or 14.4% was recorded at the end of September 2021 in aggregate Non-Performing Loans (NPLs) compared with the end of June 2021, according to data released Friday by the Central Banks of Cyprus (CBC)....
