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421. K. Treppides & Co Ltd: Renewed European finance strategy and implementation of the action plan on financing sustainable growth

The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...

422. EY reports global revenues of US$40b in 2021 and outlines record US$10b investment plan over next three years

EY announces combined global revenues of US$40b for the financial year ended June 2021 (FY21), an increase of 7.3%, a solid result given the global economic impact caused by the COVID-19 pandemic. ...

423. House approves overhaul in Cyprus’ power grid

The Cyprus Transmission System Operator is calling on people and companies who wish to take part in the electricity market to register for training seminars, following the passage of legislation that aims to put an end to state monopoly after years of debate and EU warnings...

424. Greek PM: Cost of ignoring climate crisis unimaginable

Mediterranean nations must lead the way in addressing climate change, Prime Minister Kyriakos Mitsotakis said, warning that the cost of doing nothing was unimaginable,...

425. 10% reduction in electricity costs

The Minister of Energy, Trade and Industry, Ms. Natasa Pileidou, today announced a series of measures designed to ease the skyrocketing costs of electricity in households and business....

426. The pandemic generation returns to school

For two years now, the pandemic has severely shaken the educational system – in Greece and many other countries too....

427. Dusan Ivkovic: The basketball teacher

The legendary Serbian basketball coach, Dusan Ivkovic, passed away in the early hours of the morning at the age of 77. ...

428. The superiority of transparency and efficiency

The Hellenic Republic signed a contract to purchase 44 torpedoes for its 214HN submarines, considered a significant asset against Turkey....

429. K. Treppides & Co Ltd: Cryptocurrency

If you do a quick search on the internet on how many people have become “Bitcoin Millionaires” you will be inundated with stories of young individuals who invested their pennies some years ago and have now struck it rich. Currently there are over 100,000 accounts that hold US1,000,000 or more in Bitcoin....

430. Covid-stricken flagship sails on after Cyprus

Britain's HMS Queen Elizabeth aircraft carrier is managing a Covid outbreak after more than 100 crew members were infected during a port call in the Republic of Cyprus...

431. HMS Queen Elizabeth stops in Cyprus

Aircraft carrier HMS Queen Elizabeth, the largest warship ever built for the Royal Navy, arrived in the port of Limassol on Wednesday, a week after a maritime incident with Russia...

432. New Israeli president’s Cyprus ties come to light

Israel’s new president Isaac Herzog may come from a prominent political family but it is his connections to Cyprus that are making news on the island's social media...

433. Cypriot voters elect new Parliament

Voters in the Republic of Cyprus head to the polls on Sunday to elect a new House of Representatives, following a highly contested and unusual campaign that has been affected by the coronavirus pandemic...

434. Family businesses in Europe fared better in response to COVID-19

For businesses of all types, the first impact on the pandemic was felt on revenues. 64% of European family businesses reported initial revenue losses compared to 69% of family businesses globally, 25% managed to maintain their revenue levels, and 11% experienced increases...

435. Greek on ‘highjacked’ plane draws attention

Many questions remained unanswered in the aftermath of the forced landing of a Ryanair flight in Belarus, including the identity of five passengers that got off at Minsk and a report saying one of them was a Greek national...

436. EY: Liquidity-fueled IPO markets break records in Q1 2021

437. Cyprus says two shots won't cut it

Cypriot scientists say an additional shot against the coronavirus could improve immunity for vaccinated people as well as fight against new variants, with the EU preparing to order booster vaccines despite warnings from the bloc’s drug regulator against making 'premature' moves...

438. Minister warns House over crucial EU money

Cypriot Finance Minister Constantinos Petrides is calling on Parliament to approve structural reforms that come as a condition to the disbursement of over €1 billion from the EU’s Recovery and Resilience Fund...

439. US-Turkish alliance at a critical crossroads

The rift between Joe Biden and Recep Tayyip Erdogan runs deep as the American president – in contrast to his predecessor – attaches a great deal of importance to respect for democratic values and does not see his Turkish counterpart as willing to cooperate in the framework of a world order based on shared principles and rules, Ian Bremmer, the head of Eurasia Group, tells Kathimerini in an interview....

440. S7 looking to drop Cyprus Airways

The future of Cyprus Airways is once again up in the air following reports that its Russian private shareholder S7 is looking to sell its entire stake in the Larnaca-based Charlie Airlines...

441. Power outage refuels reform debate

A technical failure in the Vasilikos power plant was quickly restored Thursday morning, after rendering areas all over the Republic of Cyprus without electricity at a time when unions are up in arms over reforms in the industry...

442. Cyprus, Israel and Greece agree to link power grids via subsea cable

Cyprus, Greece and Israel on Monday signed an initial agreement to build the world’s longest and deepest underwater power cable that will traverse the Mediterranean seabed at a cost of about $900 million and link their electricity grids....

443. Peter Piot: Vaccination passports a one-way street

Professor Peter Piot, advisor to the Commission President, speaks to ‘K’...

444. Paphos wipes out Ottoman street name

The city council in Paphos has voted to rename Talaat Pasha street, after examining a request representing interests within the Armenian community...

445. Cabinet agrees on plastic bag ban at sales points

The Cabinet on Tuesday agreed on a blanket ban on thin plastic bags at points of sale, with the decision to come into force once passed by the House plenum....

446. The Greek scientist developing 6G

At the moment Greece is unveiling the 5G communications network, on the opposite end of Europe, a Greek professor, a communications engineer, is getting a grant from the European Research Council to develop 6G....

447. Industrial/Logistics most attractive post COVID-19

Following the breakout of the COVID-19 pandemic, the Industrial/Logistics asset class has presently become the most attractive financing option for a majority of banks in Central & Eastern Europe, according to the results from the latest edition of KPMG’s Property Lending Barometer...

448. 5G bidding process wraps up, first licences in January 2021

The bidding process of the 5G frequencies auction wrapped up smoothly on Thursday, with the first licences expected to be distributed in January 2021, a press release by the Deputy Ministry of Research, Innovation and Digital Policy, said....

449. Cyprus to launch 5G frequencies auction

In 2021, according to the most optimistic scenarios, Cyprus will enter the constellation of 5G networks, with the frequencies auction set to begin on Thursday....

450. Turkey’s defence industry to go it alone

US Senator Robert Menendez says he is not worried about retaliation from Turkey after Washington imposed sanctions on Ankara, with officials in Turkey warning further development of their domestic defence industry could speed up as a result...