https://knews.kathimerini.com.cy/en/business/employers-and-trade-unions-clash-over-cola-index-proposal
Today, Wednesday, May 3rd, employers will have a meeting regarding the Cost of Living Adjustment (CoLA) index, and on Thursday, May 4th, the trade unions will have theirs....
https://knews.kathimerini.com.cy/en/news/eu-lawmakers-pass-proposals-to-address-migration-crisis
European Union lawmakers on Thursday approved a series of proposals aimed at ending the yearslong standoff over how best to manage migration, a conundrum that has provoked one of the bloc’s biggest political crises....
https://knews.kathimerini.com.cy/en/news/excess-deaths-down-in-eu-but-not-in-cyprus
For the first time since the beginning of the COVID-19 pandemic, there was no excess mortality recorded in the EU in February 2023, while Cyprus recorded the highest rate of excess mortality during the same month, according to data published by Eurostat...
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/business/generative-ai-could-automate-300mn-jobs
According to a report in the Financial Times, Goldman Sachs has found that "generative" AI systems such as ChatGPT could lead to the automation of a quarter of the work done in the US and eurozone....
https://knews.kathimerini.com.cy/en/business/majority-of-goods-transported-by-sea-in-cyprus-and-the-eu-in-2021
In 2021, maritime transport accounted for more than two-thirds (68%, 5 135 billion tonne-km; tkm) of the EU’s freight transport, the lowest share recorded in the past decade according to data released by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/news/criticism-grows-as-europe-pushes-to-restrict-cars-in-cities
In an effort to ease traffic congestion and curb greenhouse gas emissions causing climate change, municipalities from Barcelona to Brussels have embarked on what has been called a “transportation revolution.”...
https://knews.kathimerini.com.cy/en/news/credit-suisse-posts-$1-51-billion-loss-in-4th-quarter-of-2022
Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul....
https://knews.kathimerini.com.cy/en/news/france-to-be-first-country-in-the-world-to-introduce-porn-passports
France is set to introduce 'porn passports' to prove a person is over 18 while accessing sex websites - in a world first that aims to prevent children from viewing explicit material....
https://knews.kathimerini.com.cy/en/news/cyprus-use-of-renewable-sources-for-electricity-rising-despite-slow-progress
Despite slow progress, Cyprus still ranks fifth from last in the use of renewable energy sources for electricity....
https://knews.kathimerini.com.cy/en/business/113-7-increase-in-counterfeit-euro-banknotes-in-2022
In 2022, 451 counterfeit euro banknotes were removed from circulation in Cyprus, an increase of 113.7 percent over the previous year....
https://knews.kathimerini.com.cy/en/business/no-more-fridays-4-day-work-week-on-the-rise
The results are in: It's time for your company to stop working on Fridays (or Mondays)....
https://knews.kathimerini.com.cy/en/news/new-zealand-s-youngest-prime-minister-resigns
New Zealand Prime Minister Jacinda Ardern announced in an emotional press briefing that she will step down, saying 'it's time'....
https://knews.kathimerini.com.cy/en/business/pwc-survey-seven-out-of-ten-ceos-are-pessimistic-about-2023
According to the 26th Annual Global CEO Survey conducted by PwC between October and November 2022, nearly three-quarters (73%) of respondents expect global economic growth to slow over the next 12 months....
https://knews.kathimerini.com.cy/en/news/cavusoglu-to-the-us-the-stability-in-cyprus-is-eroding
The balance in Cyprus and in Greek-Turkish relations has begun to unravel, according to Turkish Foreign Minister Mevlut Cavusoglu, who stated that it makes no difference to whom weapons are sold....
https://knews.kathimerini.com.cy/en/news/eva-kaili-s-expulsion-from-office-unanimously-approved
The Conference of Presidents unanimously decided to remove Eva Kaili from her position as one of the 14 vice presidents of the European Parliament in the aftermath of the bribery scandal involving Qatar....
https://knews.kathimerini.com.cy/en/business/petrides-we-will-not-impose-new-fuel-taxes
Finance Minister Constantinos Petrides stated that no new fuel taxes will be imposed, an obligation that should be met by the end of the year....
https://knews.kathimerini.com.cy/en/news/ending-cyprus-energy-isolation
After the discovery of energy resources in the Cypriot EEZ, the start of construction of the Cyprus-Crete electricity cable can be considered a high point in Cyprus' energy affairs. For the first time in its history, the Republic of Cyprus will join Europe's energy system, with all that entails for the country's security....
https://knews.kathimerini.com.cy/en/news/women-account-for-nearly-two-thirds-of-patients-with-long-covid-19
According to the most comprehensive study of its kind to date, 63.2 percent of people with long-term Covid-19, or nearly two in three, are women. 6.2% of people with Covid-19 have infection symptoms that last at least three months. 15% of people with long-term Covid-19 have one or more persistent symptoms for at least a year....
https://knews.kathimerini.com.cy/en/news/europe-s-vegetable-farmers-warn-of-shortages-as-energy-crisis-bites
Emmanuel Lefebvre produces thousands of tonnes of endives on his farm in northern France annually, but this year he may abandon his crop because of the crippling energy costs required to freeze the harvested bulbs....
https://knews.kathimerini.com.cy/en/news/rejected-estia-applications-to-be-re-examined-upon-appeal
The number of applications approved for participation in the Restructuring Scheme “Estia” has increased, reaching 1,049. At the same time, appeals for 881 applications that were denied will be re-examined compared to only 543 last March....
https://knews.kathimerini.com.cy/en/news/luxury-cars-with-russian-plates-fill-helsinki-airport
Helsinki airport’s parking garage has recently been filled with Porches as well as Bentleys and other luxury cars with Russian license plates making Finland among the most significant transit countries for Russian tourists planning to travel to other European countries....
https://knews.kathimerini.com.cy/en/news/turkey-will-resume-drilling-near-cyprus-next-month
Turkey next month will resume drilling operations near the divided island of Cyprus, a top official said Wednesday, threatening to spark a new diplomatic row with the EU....
https://knews.kathimerini.com.cy/en/news/ba-cancels-hundreds-more-flights-this-summer
Most of the axed journeys, around 650, are in July while Heathrow and Gatwick airports will see around two-thirds of the cancellations....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-on-erdogan-the-west-and-greek-turkish-relations
Let’s start with the domestic facts and figures to dispel the widespread wishful thinking betting on the victory of the so-called “opposition front” at the next elections....
https://knews.kathimerini.com.cy/en/business/the-great-resignation-is-set-to-continue-worldwide-as-pressure-on-pay-mounts
The “Great Resignation” will continue apace in the year ahead as one in five workers say they are likely to switch to a new employer in the next 12 months.
...
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-why-are-we-all-working-so-hard
The idea that technology can liberate us from the drudgery of work is a powerful one. It has also been a powerful disappointment, at least so far....
https://knews.kathimerini.com.cy/en/news/europe-agrees-to-ban-90-of-russian-oil
European Union leaders agreed Monday to embargo most Russian oil imports into the bloc by year-end as part of new sanctions on Moscow worked out at a summit focused on helping Ukraine with a long-delayed package of new financial support....
https://knews.kathimerini.com.cy/en/news/european-unity-tested-as-talks-on-russian-oil-embargo-drag-on
Europe's united front against Moscow is being put to the test as countries struggle to agree on a ban on Russian oil imports....
https://knews.kathimerini.com.cy/en/news/op-ed-a-cornered-rat-is-very-dangerous-indeed
Russian President Vladimir Putin has always been eager to share an instructive story from his childhood, about how, when he was growing up in poverty in Soviet Leningrad, he used to spend his days chasing rats....