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/worker-gets-arrested-after-going-to-hospital
A construction worker in Limassol who visited the Emergency Room after injuring himself ended up in handcuffs after suspicions were raised over labor law violations...
https://knews.kathimerini.com.cy/en/news/greece-on-alert-bracing-for-all-possible-scenarios
Athens is reportedly on full alert even for the most extreme scenario on the part of Ankara, given that Turkish President Recep Tayyip Erdogan is under pressure domestically and resorting to increasingly incendiary rhetoric....
https://knews.kathimerini.com.cy/en/life/cypriot-woman-who-fled-to-uk-after-war-in-‘74-opens-her-door-to-ukrainian-refugees
A woman whose family fled to Britain to escape a war has closed her seaside hotel to tourists—so she can give Ukrainian refugees a place to stay....
https://knews.kathimerini.com.cy/en/news/no-end-in-sight-to-weekly-price-hikes-in-fuel
Increases in fuel prices are taking place almost on a weekly basis, according to gas station owners. ...
https://knews.kathimerini.com.cy/en/life/european-cities-are-turning-rooftops-into-community-and-sustainability-hubs
Across Europe, intrepid artists, planners, and architects are transforming the flat, grey rooftops of the continent into lively community hubs....
https://knews.kathimerini.com.cy/en/business/cbc-cryptocurrencies-are-a-potential-risk-to-the-economy
Losing 26% of its value in the last month, Bitcoin and other cryptocurrencies are in danger of dragging the "real economy" with their unpredictable fluctuations....
https://knews.kathimerini.com.cy/en/news/goodfellas-actor-ray-liota-dead-at-67
Martin Scorsese, Robert De Niro and Kevin Costner have paid tribute to the "uniquely gifted" Ray Liotta, who has died age 67....
https://knews.kathimerini.com.cy/en/business/porsche-presents-the-exclusive-taycan-gts-hockenheimring-edition
To mark the 90th anniversary of the Hockenheimring, Porsche presents the first special edition based on its electric sports car: the Porsche Taycan GTS Hockenheimring Edition. ...
https://knews.kathimerini.com.cy/en/news/op-ed-america-has-more-guns-than-any-other-country
America has been shaken — once again — by mass shootings. On May 14, a gunman killed 10 people in a supermarket in Buffalo. On Tuesday, at least 19 children and two adults were killed in Uvalde, Texas. ...
https://knews.kathimerini.com.cy/en/life/are-you-living-with-a-furry-psychopath
Is your cat's behavior concerning? Does your cat enjoy staring contests and get the late-night zoomies? Does the little ball of fur sometimes randomly attack you from a high shelf?...
https://knews.kathimerini.com.cy/en/news/cyprus-to-investigate-billionaire-s-missing-millions
A lawyer for a Jewish billionaire says he is confident Cypriot authorities will investigate a complaint into whether a former Israeli army officer embezzled his client’s money on the island...
https://knews.kathimerini.com.cy/en/news/critics-furious-over-‘gynic-rules-for-green-line-cops
Rules referring to gynecological restrictions for female border cops in Cyprus are raising eyebrows, with critics crying foul over the measure while ridiculing the lack of mental evaluation for gun possession...
https://knews.kathimerini.com.cy/en/news/op-ed-the-cat-and-the-tip-of-the-iceberg
Who knows how long he’d been standing in the middle of that Kythera field, with little food and water, in unbearable pain as the small halter bit into his flesh....
https://knews.kathimerini.com.cy/en/news/police-probe-mystery-cat-attack-on-young-boy
A young boy in Limassol is recuperating after an attack by a Savannah cat, with police investigating how the wild animal ended up attacking the child outside an apartment where other kids were also attending a birthday party...
https://knews.kathimerini.com.cy/en/business/trade-deficit-at-€429-million-in-february-and-€729-million-in-march
The trade deficit in February amounted to €429 million, according to the final data on the month's trade published by the Statistical Service on Tuesday. Additionally, preliminary data from the Statistical Service show that the trade deficit for March 2022 reached €729 million....
https://knews.kathimerini.com.cy/en/news/2-zelensky-honors-bomb-sniffing-dog-named-patron-as-trudeau-looks-on-video
President Volodymyr Zelensky has routinely ended his nightly wartime addresses by announcing state awards for Ukraine’s soldiers. On Sunday, he honored a fighter who is perhaps the country’s smallest — a little dog named Patron....
https://knews.kathimerini.com.cy/en/news/a-historic-day-british-bases-lifts-restrictions-on-civilian-property-development
Eight years after the signing of a bilateral Arrangement between Cyprus and the UK, the SBA is today lifting restrictions on property development on 200 square kilometers of non-military areas within the bases....
https://knews.kathimerini.com.cy/en/news/cops-identify-driver-in-left-turn-bicycle-accident
A driver is facing charges for fleeing the scene of an accident after a video on social media showed a car turning left in front of a woman on an electric bicycle, with additional charges possibly including negligence...
https://knews.kathimerini.com.cy/en/news/cyprus-will-request-ec-permission-to-implement-mortage-to-rent-scheme
Cypriot authorities plan to submit in June an official request to the European Commission for the implementation of a mortgage-to-rent scheme, aiming to address non-performing loans collateralized by primary residences and SME business premises with an estimated contractual value of €3 billion....
https://knews.kathimerini.com.cy/en/news/cyprus-rcb-bank-and-its-kremlin-ties
On March 24, Cyprus’s fourth-largest bank announced it would wind down its banking operations in the wake of the “volatile geopolitical situation” caused by Russia’s invasion of Ukraine a month earlier....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-pillar-two-on-a-global-minimum-taxation
On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-letting-your-property-in-cyprus-through-online-platforms-e-g-airbnb
The economy of Cyprus is largely dependent on tourism, and this is evident from the fact that government revenues from tourism accounted for over 12% of Cyprus GDP in year 2019 (in accordance with publicly available statistics extracted pre Covid-19 pandemic). ...
https://knews.kathimerini.com.cy/en/news/worker-and-boss-in-trouble-after-farming-accident
A young man who got injured while using a hand tractor is being accused of immigration and labor violations, while his employer is also facing charges of unauthorized employment...
https://knews.kathimerini.com.cy/en/news/sba-land-run-rules-in-foreign-investors
More opportunities and fewer restrictions for land development on SBA land went into effect on Monday in Cyprus, where foreign nationals will be allowed to invest along with locals who now have to review details and move quickly with any possible objections...
https://knews.kathimerini.com.cy/en/news/test-drive-tag-misuse-out-in-the-open
The Transport Department is getting more negative publicity this week after information about widespread misuse of test drive tags reached lawmakers, with the minister vowing to tackle corruption from one scandal to the next...
https://knews.kathimerini.com.cy/en/news/status-of-brothel-workers-unknown-after-nicosia-raid
The legal status of three women detained during a prostitution raid in Nicosia remains unknown, while a former police officer and another female have been accused of running an illegal brothel in connection with the case...
https://knews.kathimerini.com.cy/en/news/clashes-between-locals-and-foreigners-continue
A man has been arrested in the aftermath of a violent altercation between locals and foreigners in Emba, a quiet town in western Cyprus where residents have been up in arms over recent arrivals of Syrian and African refugees...
https://knews.kathimerini.com.cy/en/news/more-than-100-private-jets-owned-by-russian-oligarchs-are-stuck-in-dubai
Private jets belonging to Russian oligarchs that flew to Dubai to seek refuge from sanctions, following Russia's invasion of Ukraine are effectively stuck there, The Wall Street Journal reported....
https://knews.kathimerini.com.cy/en/news/pafos-fc-sexy-pep-talk-gets-cold-shower
A video teaser showing sexy girls in support of a football team in Paphos has been pulled down after a women’s group criticized the video for being sexist...