https://knews.kathimerini.com.cy/en/business/how-the-european-artificial-intelligence-ai-act-will-transform-auditing-and-financial-reporting-and-the-crucial-role-of-the-external-auditor
The European Union took a bold step in August 2024 by adopting the AI Act, a landmark regulation designed to ensure that Artificial Intelligence systems are safe, ethical, and transparent. ...
https://knews.kathimerini.com.cy/en/comment/opinion/180°-turnaround
We hired communication consultants to rebuild our name and reputation....
https://knews.kathimerini.com.cy/en/news/palestinians-sue-us-state-department-over-israel-military-aid
A group of Palestinians in Gaza and their American relatives are suing the U.S. State Department, claiming the agency has created special exceptions that allow Israel to bypass a law restricting military aid over human rights violations. ...
https://knews.kathimerini.com.cy/en/news/over-9-400-deportations-and-repatriations-in-2024
As of December 13, authorities in Cyprus have deported or repatriated a total of 9,420 individuals to their countries of origin, according to a recent statement from the Cyprus Police. ...
https://knews.kathimerini.com.cy/en/news/former-openai-researcher-found-dead-amid-copyright-dispute
Suchir Balaji, a 26-year-old former researcher at OpenAI, was found dead in his San Francisco apartment on November 26. Authorities reported no evidence of foul play. ...
https://knews.kathimerini.com.cy/en/business/parliament-rejects-akel-s-5-bank-tax-bill-after-tense-showdown
A dramatic session in parliament ended with the rejection of a contentious proposal by the opposition party AKEL, which aimed to impose an extraordinary 5% solidarity tax on bank interest income for 2024 and 2025. ...
https://knews.kathimerini.com.cy/en/business/minister-of-finance-outlines-plans-for-a-fairer-more-efficient-and-globally-competitive-tax-system
Speaking at an Open Discussion Event organized by the G.R.M. Professional Training Center at the St. Raphael Resort in Limassol, under the theme “The Upcoming Tax Reform in Cyprus: Purpose, Guidelines, and Timelines,” the Minister announced that a comprehensive meeting is planned for early 2025....
https://knews.kathimerini.com.cy/en/news/internet-sleuths-go-silent-on-ceo-s-murder
In the wake of UnitedHealthcare CEO Brian Thompson’s murder in New York City, a striking silence has emerged from the typically active online community of amateur internet sleuths....
https://knews.kathimerini.com.cy/en/news/uk-bases-in-cyprus-gibraltar-under-russian-threat
British defense officials have reportedly held emergency discussions with counterparts in Cyprus and Gibraltar over potential Russian threats to the UK’s sovereign military bases, according to the Daily Telegraph....
https://knews.kathimerini.com.cy/en/business/ai-in-finance-embrace-the-future-or-be-left-behind
Technology is changing how we do everything, and finance is no different. ...
https://knews.kathimerini.com.cy/en/news/ministry-mulls-subsidies-for-vulnerable-boat-owners-amid-marina-fee-dispute
The Ministry of Transport, Communications, and Works is considering subsidies for "vulnerable" boat owners, sparking a mix of curiosity and skepticism over who qualifies as "vulnerable" in this context....
https://knews.kathimerini.com.cy/en/news/larnaca
Boat owners at Larnaca Marina are gearing up for a protest to voice their frustration over rising mooring fees. ...
https://knews.kathimerini.com.cy/en/news/the-greek-orthodox-priest-at-the-center-of-anti-woke-education
The ideological conflict in the US has shifted from a traditional left-versus-right divide to a new dichotomy: “woke” versus “anti-woke.”...
https://knews.kathimerini.com.cy/en/news/cyprus-eu-anniversary-coins-spark-collector-mania
The Central Bank of Cyprus’ commemorative coins celebrating 20 years since Cyprus joined the European Union have proven to be a hot commodity among collectors....
https://knews.kathimerini.com.cy/en/business/greek-hoteliers-sue-booking-com-over-equal-pricing-rules
Greek hoteliers, led by the Hellenic Chamber of Hotels (HCH), are preparing to take legal action against Booking.com, claiming damages that could total tens of millions of euros....
https://knews.kathimerini.com.cy/en/comment/opinion/limassol-s-growth-deserves-equal-support
Who is driving development projects in Limassol, and how far have they progressed? Who decides how state development funds are allocated, and based on what criteria?...
https://knews.kathimerini.com.cy/en/news/schinas-slams-two-state-solution-as-delusion-with-no-european-support
In a speech before the European Parliament, outgoing European Commission Vice President Margaritis Schinas delivered a firm message regarding the Cyprus problem, emphasizing that any hopes of resolving the issue through a two-state solution are misguided....
https://knews.kathimerini.com.cy/en/news/when-parking-defies-logic-in-more-ways-than-one
Nicosia General Hospital isn’t just a place for medical emergencies anymore; it’s apparently also the stage for parking theatrics. Social media erupted on Wednesday after photos surfaced of a driver’s truly perplexing parking maneuver. ...
https://knews.kathimerini.com.cy/en/business/primary-residence-and-the-benefit-of-5-reduced-vat-rate
Nowadays having your own permanent residence is a must, however the cost for the acquisition or construction of a house/apartment has significantly increased in the last few years....
https://knews.kathimerini.com.cy/en/business/huge-fuel-price-gap-in-nicosia-puts-consumers-at-a-disadvantage
Consumers in Nicosia are facing large price differences at fuel stations, with some paying up to 308 euros more for heating oil than others. This price gap is raising questions about unfair competition in the market,...
https://knews.kathimerini.com.cy/en/news/italian-village-offers-€1-homes-to-americans-following-u-s-elections
The small village of Ollolai in Sardinia is making a bold appeal to Americans, who, as non-European Union citizens, are being given preferential treatment in its latest campaign to attract new residents....
https://knews.kathimerini.com.cy/en/news/magical-christmas-with-lidl-the-lidl-christmas-movie
Every year, Lidl's Christmas campaign reinforces its position as the go-to partner for a magical holiday season, offering a diverse product range and celebrating the spirit of sharing....
https://knews.kathimerini.com.cy/en/business/cyprus-cracks-down-on-prolonged-standing-in-workplaces
Cyprus is stepping up efforts to protect workers from prolonged standing at their jobs, with a nationwide inspection campaign and stricter enforcement of new legislation aimed at improving workplace conditions....
https://knews.kathimerini.com.cy/en/news/transport-ministry-inaugurates-new-motorway-that-will-ease-traffic
According to Kathimerini's Dorita Yiannakou, Cyprus marked a milestone in its transportation network Tuesday with the inauguration of the Nicosia peripheral motorway’s first phase, a project intended to ease congestion, enhance safety, and facilitate trade across the island....
https://knews.kathimerini.com.cy/en/news/at-the-doorstep-of-mica-what-to-expect-as-crypto-regulation-takes-shape
The European Union's (EU) regulatory framework for cryptocurrencies and digital assets is envisioned to be shaped by the game changer, Markets in Crypto-Assets (MiCA) regulation. ...
https://knews.kathimerini.com.cy/en/life/nicosia-s-paramythoupoli-set-to-open-bringing-holiday-magic-to-life
The holiday season is kicking off early in Nicosia as the city prepares to welcome visitors to its much-loved Christmas Fairytale Town at the D'Avila Moat. Running from November 15 through January 12, 2025, the event marks its 16th year with expanded attractions, new surprises, and an even more festive atmosphere....
https://knews.kathimerini.com.cy/en/news/u-s-election-countdown-what-s-at-stake-for-cyprus-and-europe
With the U.S. election just a day away, the world is on edge. This isn’t just a choice between two candidates; it's about the future direction of the United States and how that might echo across the globe, including in Europe and Cyprus....
https://knews.kathimerini.com.cy/en/news/filipino-seafarers-fight-for-equal-pay-in-billion-euro-shipping-industry
In a significant case highlighting wage disparities in the maritime industry, a Filipino seafarer is challenging the unequal pay practices faced by workers from Southeast Asia compared to their European counterparts in the Netherlands....
https://knews.kathimerini.com.cy/en/comment/opinion/the-unassuming-constantinos-kombos
In every Cabinet meeting, there is a ''luxury'' position held by the current Minister of Foreign Affairs. ...
https://knews.kathimerini.com.cy/en/news/the-weeks-of-the-german-language-2024
The Embassies of Austria, Germany, Switzerland, and the Goethe-Institut Cyprus organize for the 8th consecutive year ''The Weeks of the German Language'' from the 1st to the 26th of November 2024. ...