https://knews.kathimerini.com.cy/en/news/government-takes-steps-to-break-cyprus-reliance-on-fossil-fuels
The government today took steps to break Cyprus’ reliance on fossil fuels....
https://knews.kathimerini.com.cy/en/news/eu-to-make-solar-panels-mandatory-on-all-new-buildings
Solar panels could soon be mandatory on all new buildings in the European Union under a new proposal aimed at rapidly replacing its reliance on Russian oil and gas supplies with renewable energy....
https://knews.kathimerini.com.cy/en/news/greece-s-karagiannis-appointed-to-coordinate-final-stage-of-local-governement-reform
The Director-General of the Central Union of Municipalities of Greece, Yiannis Karagiannis, has been appointed as the expert to coordinate the provision of Greek expertise to the Republic of Cyprus for the implementation of the final stage of local government reform....
https://knews.kathimerini.com.cy/en/news/deputy-ministry-of-climate-being-mulled-over
The Cyprus Economy and Competitiveness Council is proposing the creation of a Deputy Ministry for Climate, as part of its suggestions for Green Development – Energy....
https://knews.kathimerini.com.cy/en/news/europe-must-be-prepared-for-total-russian-gas-cut-off-this-winter
The International Energy Agency has warned that Europe must prepare immediately for the complete severance of Russian gas exports this winter, urging governments to take measures to cut demand and keep aging nuclear power stations open....
https://knews.kathimerini.com.cy/en/news/pesticide-reduction-key-to-sustainable-agriculture
Reducing the use of pesticides is key to sustainable agriculture, Commissioner Kyriakides tells CNA, and underlines that producers will be supported...
https://knews.kathimerini.com.cy/en/news/transgender-women-banned-from-competing-in-women-s-events
World swimming’s governing body has effectively banned transgender women from competing in women’s events, starting Monday....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-drives-sustainable-digital-innovation-in-financial-services-with-kyndryl
Kyndryl, the world's largest IT infrastructure services provider and Bank of Cyprus, the leading banking and financial services group in Cyprus, announced an agreement to expand their collaboration with a new five-year managed IT services program that advances the Bank’s ESG commitments through 2030, by supporting the Bank’s levels of service, giving access and visibility to its products to all stakeholders....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-dilemmas-of-war-and-pandemic
Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely.
...
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/business/new-research-shows-what-s-driving-resilience-and-regeneration-in-today-s-global-family-businesses
Annual report from KPMG Private Enterprise and the STEP Project Global Consortium highlights how emotional attachment to one’s organization and the ability of next-gens to take risks and experience life outside the family business are critical elements of future business success....
https://knews.kathimerini.com.cy/en/news/turkish-opposition-backs-erdogan-over-greek-island-claims
The Turkish opposition Republican People’s Party (CHP) has expressed its agreement with the recent government escalation vis-à-vis Greece and indicated that it would support President Recep Tayyip Erdogan if he decided to go through with a threat to challenge the sovereignty of Greek islands in the eastern Aegean....
https://knews.kathimerini.com.cy/en/news/nicosia-in-waiting-game-for-lng-supply-and-distribution
In her speech in Davos on Tuesday in front of an audience of businessmen and political leaders, EC President Ursula von der Leyen appeared to put Cyprus on center stage for the supply of liquefied natural gas (LNG) for the European Union, announcing that "soon" LNG terminals will operate in Greece, Cyprus and Poland....
https://knews.kathimerini.com.cy/en/business/iceland-outhorsing-replies-to-work-emails-video
Iceland has trotted out a service that lets horses reply to work emails when you’re on holiday....
https://knews.kathimerini.com.cy/en/news/an-increase-of-50-in-subsidies-for-roof-thermal-insulation-and-photovoltaic-systems
With a budget increased by 40%, and a potential to increase even further and with increased grants by 50%, the Grant Scheme for thermal insulation on roofs and installation of photovoltaic systems in houses was announced by the Ministry of Energy, Commerce and Industry during a web conference, on Tuesday....
https://knews.kathimerini.com.cy/en/news/eu-official-calls-on-cyprus-to-implement-recovery-plan-or-lose-funding
A European Commission official on Monday urged the Cypriot authorities to proceed with the implementation of Cyprus’ National Recover and Resilience plan, warning that Cyprus risks losing EU funds in case of new delays....
https://knews.kathimerini.com.cy/en/news/eu-energy-commissioner-cyprus-has-enormous-potential-in-terms-of-solar-and-wind-energy-production
In the wake of rising energy costs due to Russia's invasion of Ukraine, Kathimerini sits down with EU Commissioner for Energy, Kadri Simson, to discuss the EastMed pipeline, Europe's push toward Green energy and the potential for Cyprus to ensure its citizens both affordable prices and energy security by developing solar and wind power....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-net-profit-of-€21-million-in-q1-and-a-record-of-new-loans
Bank of Cyprus group announced on Thursday a net profit of €21 million for the first quarter of 2022, compared to net profit of €8 million in the first quarter of 2021....
https://knews.kathimerini.com.cy/en/news/petrides-things-will-be-difficult-in-the-coming-years
The government will continue supporting households, especially the vulnerable, amid rising inflation, Finance Minister Constantinos Petrides said, warning that tackling inflation is difficult due to its structural nature amid the Ukrainian crisis....
https://knews.kathimerini.com.cy/en/news/op-ed-esg-dei-and-other-acronyms-and-why-we-need-to-know-about-them-imho
Quite a few times I found myself receiving messages and having to pause and google search an acronym to understand its meaning. I’m sure I’m not alone, and it’s surely not just a Gen X symptom....
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/news/eu-states-divided-over-russian-oil-sanctions
The European Union was preparing sanctions on Russian oil on Monday, with possible exemptions for wary countries, and warned that complying in full with Moscow's proposed scheme to receive gas payments in roubles would breach existing EU sanctions....
https://knews.kathimerini.com.cy/en/business/cyprus-is-the-1st-country-in-the-eu-with-100-5g-coverage
Cyta has announced the completion of the pan-Cypriot 5G mobile network that offers state-of-the-art telecommunications services throughout the country, even in its most remote areas. This makes Cyprus the 1st country in the EU with 100% population coverage....
https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-economies-facing-a-twin-problem-following-the-war-in-ukraine
The EU and Cyprus economies are facing a “twin problem” of rising commodity and energy prices and heightened uncertainty following the invasion of Russia in Ukraine, according to discussions held by the Nicosia Chamber of Commerce and Industry and the European Investment Bank (EIB)....
https://knews.kathimerini.com.cy/en/news/zelensky-gets-face-to-face-pledge-from-us
Washington's top diplomat and defense secretary both visited Kyiv on Sunday, and used the first official US visit to Ukraine since Russia invaded two months ago to announce a gradual return of US diplomats to the country and the nomination of a new ambassador...
https://knews.kathimerini.com.cy/en/business/ey-report-a-resilient-grid-supported-by-digital-solutions-will-underpin-a-successful-transition-to-emobility
Adoption of eMobility is not just an economic or environmental phenomenon, but a psychological one that hinges on widespread customer acceptance. The current pace of EV adoption is swift, with one- in- five vehicles sold in Europe during 2021 being electric. ...
https://knews.kathimerini.com.cy/en/news/restrictive-measures-to-be-lifted-completely
With the epidemiological picture showing a small but steady improvement, the road to normalcy is wide open, with the agenda including the lifting of more restrictions and ultimately the introduction of new significant relaxations....
https://knews.kathimerini.com.cy/en/news/eib-ready-to-offer-funding-to-mitigate-effects-of-ukrainian-war-on-cyprus
New investment opportunities in Cyprus, as well as funding to mitigate the effects of the war in Ukraine, were discussed on Monday by President Nicos Anastasiadis, Finance Minister Constantinos Petridis and European Investment Bank (EIB) President Werner Hoyer. ...
https://knews.kathimerini.com.cy/en/business/consumers-to-buy-directly-from-automaker-not-from-dealer
Mercedes-Benz has reached an agreement with its European dealers to switch to a new dealership model, in which customers will buy directly from the automaker and not from the dealer, the German brand said....
https://knews.kathimerini.com.cy/en/news/the-cypriot-economy-must-be-diversified
An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities on March 11–28, 2022 to discuss recent economic developments and policy priorities....
