https://knews.kathimerini.com.cy/en/comment/opinion/the-real-estate-industry-s-crucial-turning-point
The European Parliament recently approved a new bill that aims to tackle climate change by reducing carbon emissions. This new legislation has significant implications for the property markets in Cyprus and Greece, where there is a large stock of buildings over 30 years old and requiring energy upgrades....
https://knews.kathimerini.com.cy/en/news/cypriot-hourly-wages-still-under-eu-average
In 2022, the average hourly wages and salaries in the whole economy were estimated to be 15.6 euros in Cyprus, 22.9 euros in the EU and 25.5 euros in the euro area, according to data released by Eurostat, the statistical service of the EU. Compared with 2021, they increased by 7.5% in Cyprus, by 4.4% in the EU and by 4.0% in the euro area...
https://knews.kathimerini.com.cy/en/news/us-congress-members-sold-bank-shares-amidst-banking-crisis-fears
On March 10, as fears were swirling over the health of the nation’s banks, an investment account belonging to the children of Rep. Jared Moskowitz, D-Fla., sold shares of Seacoast Banking Corp. worth $65,000 to $150,000....
https://knews.kathimerini.com.cy/en/news/whistleblower-suspicious-of-biden-s-cyprus-trip-in-2014
A former White House stenographer is accusing US President Joe Biden of committing crimes a decade ago in connection with Ukraine and Cypriot-registered gas company Burisma, while also raising suspicions over a private dinner in Limassol back in 2014...
https://knews.kathimerini.com.cy/en/news/energy-minister-puts-forth-cyprus-natural-gas-to-cut-costs-for-consumers
Cyprus' Energy Minister George Papanastasiou said that, during his discussions with consortiums operating in the Cypriot Exclusive Economic Zone (EEZ), he suggested the option of importing natural gas quantities from the EEZ for power generation, in combination with LNG exports via a small LNG plant....
https://knews.kathimerini.com.cy/en/business/bookings-for-cyprus-countryside-accommodation-rise-during-easter-holidays
According to official data released by the Deputy Ministry of Tourism, bookings for countryside accommodation in Cyprus increased during the Easter holiday season....
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/nicosia-says-us-army-links-not-against-turkish-cypriots
Greek Cypriots are rejecting Turkish Cypriot claims that American actions disrupt balance on the divided island, following the recent docking of a US attack submarine in Limassol, with Nicosia accusing the north of regurgitating Ankara’s longstanding criticism...
https://knews.kathimerini.com.cy/en/business/are-you-ready-for-chatgpt-to-take-over-your-job
Since its release in November of last year, OpenAI's ChatGPT has been used to write cover letters, create a children's book, and even help students cheat on their essays....
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/ukrainian-defense-minister-hurries-down-to-cyprus
Ukrainian Defense Minister Oleksii Reznikov visited Cyprus on Friday amid reports that a recent EU plan to send ammunition to Kiev was being held up in some European capitals including Athens and Nicosia...
https://knews.kathimerini.com.cy/en/news/our-top-priority-is-ensuring-accessible-and-high-quality-medicines-says-kyriakides
"A 'strong European Health Union' will contribute to the building of strong, resilient, and sustainable health systems of tomorrow that will ensure better care for patients," said Commissioner Stella Kyriakides in her message for World Health Day....
https://knews.kathimerini.com.cy/en/news/cybersecurity-conference-calls-for-collaborative-efforts-against-cyber-threats
The Hilton Hotel in Nicosia was abuzz with activity as professionals from the public and private sectors gathered for the Cybersecurity Conference hosted by the American company A10 and organized by SPP Media Events. ...
https://knews.kathimerini.com.cy/en/news/cypriot-president-wraps-up-cairo-visit
Cyprus President, Nikos Christodoulides, concludes on Thursday his visit to Egypt, with a meeting with the Arab League Secretary General, Ahmed Aboul Gheit, at the League's seat. After the meeting Christodoulides will depart for Cyprus...
https://knews.kathimerini.com.cy/en/business/easter-holiday-boosts-air-travel-in-cyprus-by-26
April will kick off the summer tourist season with satisfactory arrivals and hotel occupancies for the Easter period. Since last week, demand for travel has started to rise from foreign tourists, ...
https://knews.kathimerini.com.cy/en/news/cypriot-president-visits-cairo
The Cyprus issue, ways to deepen bilateral relations in the fields of trade, economy and tourism, as well as Energy, will be the focus of a meeting on Wednesday in Cairo between President of the Republic, Nikos Christodoulides, and the President of Egypt, Abdel Fattah al-Sisi...
https://knews.kathimerini.com.cy/en/business/ethics-group-says-chat-gpt-4-a-risk-to-privacy-and-public-safety
The tech ethics group Center for Artificial Intelligence and Digital Policy is asking the U.S. Federal Trade Commission to stop OpenAI from issuing new commercial releases of GPT-4, ...
https://knews.kathimerini.com.cy/en/news/halloumi-s-twin-hellim-gets-pdo-in-the-north
A dairy in the north is the first Turkish Cypriot business found to be compliant with PDO requirements for halloumi, the cheese that grills, meaning ‘hellim’ can now compete with its Greek Cypriot twin in the EU market...
https://knews.kathimerini.com.cy/en/business/wizz-air-s-new-aircraft-brings-exciting-new-destinations-to-larnaca
Wizz Air, the fastest-growing airline in Europe and the greenest in the world, has announced the arrival of its third aircraft at its base at Larnaca Airport. With the arrival of this modern aircraft, three new routes will be launched to and from Dammam, Jeddah and Riyadh....
https://knews.kathimerini.com.cy/en/news/slight-increase-in-fuel-prices
A slight increase in fuel prices was recorded in the last three weeks in Cyprus, according to the Consumer Protection Service (CPS) of the Ministry of Energy, Commerce and Industry. ...
https://knews.kathimerini.com.cy/en/comment/opinion/banks-and-artificial-intelligence
Artificial intelligence is a technology that is based on a machine's ability to perform procedures and make decisions based on data analysis and learning....
https://knews.kathimerini.com.cy/en/business/high-prices-continue-to-plague-the-market
https://knews.kathimerini.com.cy/en/news/cyprus-chips-in-as-eu-seeks-quick-ammo-for-ukraine
The Republic of Cyprus has joined other EU member states as the European Defence Agency sought ways to procure ammunition for Ukraine, but ammo from Nicosia to Kiev is not expected any time soon...
https://knews.kathimerini.com.cy/en/business/bank-stores-bags-of-stone-instead-of-$1-3-million-worth-of-nickel
The London Metal Exchange revealed a surprising mix-up last week at a warehouse in the Dutch port city of Rotterdam....
https://knews.kathimerini.com.cy/en/news/one-in-two-cypriots-considers-it-easy-to-start-a-business
Approximately one in two Cypriots considers it easy to start a business in Cyprus, according to the Global Entrepreneurship Monitor (GEM) Cyprus Report 2021/2022...
https://knews.kathimerini.com.cy/en/news/italy-weighs-in-as-cypriot-fund-goes-after-lukoil-plant
An Israeli-backed Cypriot fund’s deal to buy a Lukoil-owned refinery in Italy is hanging in the balance ahead of a Cabinet meeting in Rome possibly this week, when veto powers would be weighed against energy hub aspirations that could replace Russian gas and put the final nail in the coffin of a proposed EastMed pipeline...
https://knews.kathimerini.com.cy/en/business/ecb-raises-interest-rates-again-by-5-percentage-points
At noon on Thursday, the European Central Bank (ECB) confirmed that it would stick to its tactics to tackle inflation by announcing a 50 basis point hike....
https://knews.kathimerini.com.cy/en/news/banks-around-the-world-feel-force-of-svb-fallout
U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the collapses of Silicon Valley Bank and Signature Bank forced regulators to step in with emergency measures....
https://knews.kathimerini.com.cy/en/business/techisland-association-launches-the-1st-annual-techisland-awards-to-recognize-outstanding-contributions-to-the-tech-industry-in-cyprus
The TechIsland Association is excited to announce the launch of the TechIsland Awards, a new annual award program designed to recognize and celebrate the outstanding contributions of individuals, companies, and projects that are making a significant impact on the development and growth of the tech and innovation industry in Cyprus....
https://knews.kathimerini.com.cy/en/news/hsbc-buys-failed-silicon-valley-bank-in-bid-to-stem-fallout
Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....