https://knews.kathimerini.com.cy/en/business/cyprus-faces-economic-losses-due-to-rejected-renewable-energy-production
The issue of storing electricity from renewable energy sources has become a problem due to extensive production rejections of both large and small photovoltaic parks by the Transmission and Distribution Operators on Easter Sunday and Monday in Cyprus....
https://knews.kathimerini.com.cy/en/news/russian-and-ukrainian-stock-in-lukoil-deal
A highly contentious takeover of a Lukoil plant in Italy by a Cypriot fund appears to be moving forward, with the latest media speculators picking on rumors that the leadership of the new operation might come from both Russian and Ukrainian stock...
https://knews.kathimerini.com.cy/en/news/hacked-data-from-cyprus-up-for-grabs-online
Encrypted folders with stolen information from Open University of Cyprus may be available on the dark web, where data brokers and identity thieves can now buy access to private information of students and staff after the institution failed to pay ransom...
https://knews.kathimerini.com.cy/en/news/1-the-goal-is-1-000-voluntary-returns-per-month-says-ioannou
The government of Cyprus has outlined a four-pillar plan to address immigration issues, according to Interior Minister Konstantinos Ioannou. The first pillar is to limit the flow of asylum seekers entering Cyprus, followed by managing asylum applications and reception areas more efficiently....
https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-moscow-on-the-mediterranean
While some talk behind our backs, The Guardian is unabashedly labeling our country, especially our banking system, as the "Moscow of the Mediterranean". ...
https://knews.kathimerini.com.cy/en/business/assets-of-us-and-uk-sanctioned-entities-in-cyprus-will-be-frozen
Cypriot individuals and entities included in UK and US sanctions list will see their assets in the Cypriot banking system frozen and will not be able to carry out any banking transaction in Cyprus, Marios Skandalis, Chief Compliance Officer of Bank of Cyprus, the island’s largest lender has said....
https://knews.kathimerini.com.cy/en/news/cyber-gang-badgers-cypriot-university-to-cough-up-$100k
The notorious Medusa ransomware gang is asking for $100,000 from Open University of Cyprus following a cyberattack on the institution’s digital platforms, with data samples already leaked online to prove they are not kidding...
https://knews.kathimerini.com.cy/en/business/three-major-concerns-of-ecb-regarding-cypriot-banks
Although Cypriot banks have made great progress over the last decade, foreign supervisors have reservations and summarise their concerns in three areas....
https://knews.kathimerini.com.cy/en/news/italy-declares-state-of-emergency
To deal with the recent influx of migrants arriving on the southern shores of Italy, the country's right-wing government has announced a six-month nationwide state of emergency....
https://knews.kathimerini.com.cy/en/news/greek-banks-freeze-mortgage-installments-for-12-months
Eurobank, Piraeus and Alpha Bank have announced that they will be keeping mortgage installments at their current levels for 12 months. As pledged by the first two banks, the baseline rates of serviced mortgage loans will remain at the levels they were on March 31, 2023, minus 20 basis points, for 12 months, starting in May. National Bank is expected to follow suit....
https://knews.kathimerini.com.cy/en/news/rome-reportedly-okays-lukoil-sale-to-cypriot-firm
Italy gave conditional approval on Tuesday to the sale of the Lukoil-owned refinery in Sicily to Cypriot private equity firm GOI Energy, people familiar with the matter told Reuters...
https://knews.kathimerini.com.cy/en/news/imf-projects-steady-gdp-growth-for-cyprus-in-2023
The International Monetary Fund (IMF) maintained its projection for Cyprus’ economic growth in 2023 at 2.5% of GDP, while real GDP growth is expected to pick up pace in the next year....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-sustainable-finance
Sustainability is the key to a better, healthier, and more viable future as it improves the quality of our lives with the use of natural resources which protect our ecosystem in general. By taking into consideration the three pillars of economic viability, environmental protection, and social well-being, we can preserve the future generations’ needs while, from a corporate perspective, the development of sustainable strategies can lead to a company’s longevity....
https://knews.kathimerini.com.cy/en/business/dead-loved-ones-could-be-uploaded-to-your-computer-by-end-of-year
You may soon be able to catch up with friends and relatives who have passed away — on your computer....
https://knews.kathimerini.com.cy/en/news/cyprus-hurries-to-launch-eu-alert-on-mobile-phones
Cyprus is the only EU member state that does not use a Public Warning System to alert cell phone users of an emergency or imminent threat, but officials in Nicosia say they hopeful they can launch Emergency Alert by next year...
https://knews.kathimerini.com.cy/en/news/cyprus-winemakers-to-receive-€22-million-in-eu-support
Cyprus through the National Plan for the wine sector will provide viticulturists and winemakers with more than €22 million of support from EU funds by October 2023, Minister of Agriculture, Rural Development and the Environment Petros Xenofontos said on Sunday. ...
https://knews.kathimerini.com.cy/en/news/eac-employee-arrested-for-defrauding-citizens
A 43-year-old resident of Paphos has been ordered by the Paphos District Court to be detained for seven days on allegations of misappropriating over €30,000 from a semi-governmental organization, AEK, intended for the installation of photovoltaic panels....
https://knews.kathimerini.com.cy/en/news/cypriot-fund-facing-mighty-resistance-in-lukoil-deal
Efforts to dispel US concerns over suspected Russian influence in a Cypriot fund buying a Lukoil plant in Sicily may be gaining traction with Italian officials, with reports suggesting American resistance may be losing ground after a crucial meeting last week...
https://knews.kathimerini.com.cy/en/news/president-walks-the-talk-in-fight-against-cancer
Cyprus President Nikos Christodoulides kicked off the 48th Christodoula march to raise awareness against cancer, vowing that his government will continue to be present in the longest-ever running campaign to ease human suffering on issues associated with cancer, supporting the efforts of the Cyprus Anti-Cancer Society...
https://knews.kathimerini.com.cy/en/news/protecting-eu-borders-the-rise-of-border-walls-against-third-country-migrants
The increasing number of illegal migrants reaching the European Union and Schengen Area Member States has pushed states to take different approaches to tackle their activity, including erecting walls or physical barriers at the borders....
https://knews.kathimerini.com.cy/en/news/french-furious-over-retirement-age-increase-of-2-years
Hundreds of thousands of people are expected to fill the streets of France Thursday for the 11th day of nationwide resistance to a government proposal to raise the retirement age from 62 to 64. The furious public reaction to the plan has cornered and weakened French President Emmanuel Macron....
https://knews.kathimerini.com.cy/en/news/delays-unclear-over-cypriot-fueled-lukoil-deal
An executive power committee in Italy has missed an initial deadline for approving the sale of a Russian refinery plant to an Israeli-backed Cypriot fund, with reports in the media getting blurred between fears over Russian influence and high-stakes geopolitical interests across the pond...
https://knews.kathimerini.com.cy/en/comment/opinion/lack-of-legal-protection-in-eu-adoptions
Intercountry adoption is the adoption of a child habitually resident in one state by parents habitually resident in another state, as defined in Article 2 of the 1993 Hague Convention, which ensures cross-border recognition of adoptions. However, in practice, additional procedures are required for its recognition in certain States, including EU Member States....
https://knews.kathimerini.com.cy/en/news/shocking-arrest-of-nicola-sturgeon-s-husband-in-snp-funding-probe
Nicola Sturgeon's husband, Peter Murrell, has been arrested in connection with an investigation into the funding and finances of the Scottish National Party (SNP)....
https://knews.kathimerini.com.cy/en/business/cyprus-raised-1-billion-with-a-10-year-sustainability-bond
Cyprus has raised €1 billion through its first-ever 10-year sustainable bond, which saw demand exceed supply by 12.5 times. The bond yielded 4.20% and will finance a range of "green" and social projects,...
https://knews.kathimerini.com.cy/en/news/cypriot-professor-phoebe-koundouri-honored-for-contribution-to-science
On Thursday, the 23rd of March, Prof. Phoebe Koundouri was awarded the Academy of Athens Excellence in Science Award 2023 for her contribution to the advancement of the Science of the Marine Environment by the President of the Academy of Athens, Michael-Konstantinos Stathopoulos, and the Secretary-General, Christos Zerefos....
https://knews.kathimerini.com.cy/en/news/ex-minister-worries-nicosia-dropped-imo-ball-out-of-spite
A Cypriot former minister is calling on the new government to offer an explanation as to why the Republic of Cyprus failed to seek a nomination currently being sought by foe Turkey at a UN agency responsible for regulating shipping, hinting at revenge politics and calling on his party to seek answers...
https://knews.kathimerini.com.cy/en/news/un-report-reveals-47-mine-contaminated-areas-in-cyprus
According to data from UNFICYP, 47 suspected hazardous areas in Cyprus could be contaminated with mines and/or explosive remnants of war (ERW), covering roughly 1.7 million square meters of land....
https://knews.kathimerini.com.cy/en/business/announcement-appointment-of-senior-managers-in-k-treppides-co-ltd
The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. We are pleased to announce the appointment of the following members on the Board of Management effective as of 1 April 2023.
...
https://knews.kathimerini.com.cy/en/business/prem-watsa-greek-banks-are-safer
Greece has entered a virtuous cycle of growth, and the next few years will be especially beneficial to the economy and Greeks if political stability is maintained and business-friendly policies are implemented....
