https://knews.kathimerini.com.cy/en/news/government-to-introduce-green-tax-reform-by-2021
Minister of Finance Harris Georgiades said on Thursday that the government would introduce in 2021 a “Green Tax Reform”. Georgiades was speaking to the press on the sidelines of the 20th Global Conference on Environmental Taxation which took place in Limassol...
https://knews.kathimerini.com.cy/en/news/trial-for-doctors-in-student-s-death-pushed-back
The defence lawyer of one of two doctors accused of gross negligence in the death of a student has asked for time to review evidence, following the completion of a long-drawn medical probe...
https://knews.kathimerini.com.cy/en/news/15-thousand-uk-citizens-seek-cyprus-residence-permit
Approximately 15 thousand UK citizens have applied to get residence permits in Cyprus since the 2016 UK EU membership referendum. Currently a total of 32,281 residence permits for UK citizens are in force...
https://knews.kathimerini.com.cy/en/news/trump-impeachment-inquiry-begins
Democrats in the U.S. House of Representatives on Tuesday launched a formal impeachment inquiry into President Donald Trump, accusing him of seeking foreign help to smear Democratic rival Joe Biden ahead of next year’s election...
https://knews.kathimerini.com.cy/en/business/how-will-digital-shape-your-future
As technology evolves to support more and more of our everyday lives, it’s natural to wonder what’s in store for the future. How will it affect your life and career?...
https://knews.kathimerini.com.cy/en/news/giuliani-implicates-cyprus-in-biden-claim
President Trump’s personal attorney Rudy Giuliani has implicated Cyprus in Ukrainian money laundering assertions he has made regarding Joe Biden’s son Hunter...
https://knews.kathimerini.com.cy/en/news/cyprus-hotels-to-take-a-€60-million-hit-as-thousands-stranded-by-thomas-cook-collapse
Officials at the Deputy Ministry of Tourism are scrambling to ascertain the impact of the collapse of Thomas Cook on the Cypriot hotel industry.
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https://knews.kathimerini.com.cy/en/news/north-to-get-security-cameras-next-year
A Turkish company is set to deliver hundreds of security cameras in the north next year, while a tender process for speed cameras in the south is concluding Friday with the aim of installing the first batch in late 2020...
https://knews.kathimerini.com.cy/en/news/eu-asylum-agency-sets-up-permanent-office-in-cyprus
Cyprus’ interior minister says the European Union’s asylum agency is setting up a permanent office on the east Mediterranean island nation to help authorities expedite the burgeoning number of asylum claims.
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https://knews.kathimerini.com.cy/en/news/cyprus-to-fully-repay-imf-loan-in-2020
According to figures from the 2020 budget presented by Finance Minister Haris Georgiades to the Cabinet, Cyprus will repay the IMF loan early resulting in government debt reduction to 91.1% of GDP
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https://knews.kathimerini.com.cy/en/news/cabinet-approves-surplus-2020-budget
The Cabinet approved on Wednesday the budget for 2020, which foresees a surplus in state finances, while a significant increase in spending is planned due to the implementation of the General Healthcare System
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https://knews.kathimerini.com.cy/en/news/president-launches-exandas-portal-in-a-bid-to-enhance-transparency
The implementation of 767 development projects, with a total cost of more than 2.7 bln euros, as well as the progress in implementing 321 government policies, reforms and national strategies are outlined in “Exandas”, the new internet portal launched on Friday by Cyprus President Nicos Anastasiades. According to officials, 92.17% of the projects listed is expected to be completed by 2023.
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https://knews.kathimerini.com.cy/en/news/brexit-no-deal-preparedness-final-commission-call-to-all-eu-citizens-and-businesses
With 8 weeks to go until the United Kingdom's withdrawal from the European Union on 31 October 2019, the Commission has today – in its 6th Brexit preparedness Communication – reiterated its call on all stakeholders in the EU27 to prepare for a ‘no-deal' scenario. In light of the continued uncertainty in the United Kingdom regarding the ratification of the Withdrawal Agreement – as agreed with the UK government in November 2018 – and the overall domestic political situation, a ‘no-deal' scenario on 1 November 2019, remains a possible, although undesirable, outcome...
https://knews.kathimerini.com.cy/en/news/trump-s-yuan-move-makes-a-china-deal-much-harder
The decision to label China a currency manipulator boxes in Donald Trump and Xi Jinping. The U.S. Treasury Department made the move after Beijing allowed the yuan to slide below the key level of 7 to the dollar. It’s the first such designation for the People’s Republic since 1994. The sudden escalation will make it harder for both sides to reach a trade truce...
https://knews.kathimerini.com.cy/en/news/s-p-affirms-bank-of-cyprus-ratings
Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...
https://knews.kathimerini.com.cy/en/news/ecb-warns-of-significant-negative-impact
The European Central Bank (ECB) has warned of “significant negative impact” to the Cypriot banking system in case a new law amending the legal on foreclosures is implemented.
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https://knews.kathimerini.com.cy/en/news/carbo-one-and-cyprus-noc-presented-their-partnership-in-the-run-up-to-the-olympics
Carbo One Limited has joined the sponsorship family of the Cyprus National Olympic Committee, in the category of Major Sponsor, as announced by the Cyprus NOC on Monday, 29 July 2019, during an event at the Olympic House in Nicosia. The collaboration of the NOC with Carbo One, one of the largest companies in Cyprus, is an important step forward for the Committee in achieving its goals in the pre-Olympic year we are currently going through.
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https://knews.kathimerini.com.cy/en/news/halloumi-exports-reached-29-thousand-tons-in-2018
Halloumi exports reached 29,000 tons in 2018, acting permanent secretary of Agriculture Ministry Andreas Louca has said.
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https://knews.kathimerini.com.cy/en/news/varosha-in-the-spotlight
The government closely follows developments and the Turkish Cypriot side’s actions with regard to the closed off area of Turkish occupied Famagusta, known as Varosha, a government source has told CNA, noting that representations have been made where they ought to be made.
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https://knews.kathimerini.com.cy/en/news/unficyp-mandate-renewal-sends-message-of-urgency-for-resumption-of-cyprus-talks-us-diplomat-says
US Mission’s to the UN Political Coordinator Rodney Hunter has said that his country believes UNFICYP’s new mandate sends a message that the two leaders, Cyprus President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci "must work with a sense of urgency" to resume reunification talks. He also expressed disappointment with the lack of progress since the Conference on Cyprus in 2017 but expressed the belief that a settlement "remains achievable."
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https://knews.kathimerini.com.cy/en/news/2-two-new-recycling-and-composting-programmes-in-limassol
Limassol Municipality is going ahead with the implementation of two new recycling and composting programmes aiming to properly manage waste by reducing, reusing and recycling it.
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https://knews.kathimerini.com.cy/en/news/coral-bay-trial-ends-with-sentence
The man who ran down Charlie Birch in Coral Bay last year has been sentenced to 2.5 years, following a protracted legal battle that had charges reduced twice in the course of the trial...
https://knews.kathimerini.com.cy/en/news/us-removes-turkey-from-f-35-program-after-russian-missile-purchase
The United States said on Wednesday that it was removing Turkey from the F-35 fighter jet programme, a move long threatened and expected after Ankara began accepting delivery of an advanced Russian missile defence system last week.
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https://knews.kathimerini.com.cy/en/business/ayia-napa-marina-full-speed-ahead
Despite considerable progress on the Ayia Napa Marina construction so far, a July completion is being pushed back as more work on infrastructure is necessary...
https://knews.kathimerini.com.cy/en/news/bidding-for-nicosia-bypass-begins
The government has issued a public highway tender for the first phase of the long-awaited Nicosia bypass, which is expected to significantly reduce traffic jams in the capital...
https://knews.kathimerini.com.cy/en/news/the-eu28-adopted-measures-against-turkey-s-illegal-drilling-in-cyprus
The EU Foreign Ministers endorsed, without any changes the conclusions prepared by the permanent representatives, concerning Turkey’s illegal drilling in the Exclusive Economic Zone (EEZ) of Cyprus, cutting the EU pre-accession assitance for 2020, suspending EU- Turkey high political dialogues and stopping European Investment Bank’ lending activities in the country....
https://knews.kathimerini.com.cy/en/business/neo-plaza-construction-up-for-grabs
Companies from Greece and Cyprus are showing interest in building Neo Plaza, a price-slashing outlet mall in west Nicosia...
https://knews.kathimerini.com.cy/en/news/nicosia-wants-tougher-measures-against-turkey
The sanctions that were discussed on Thursday by national envoys of European Union member-states against Turkey over its illegal drilling activities off Cyprus do not, reportedly, go far enough for Nicosia, which wants tougher measures.
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https://knews.kathimerini.com.cy/en/news/eu-signals-sanctions-on-turkey-over-cyprus-drilling
The European Union will put on hold high-level talks with Ankara and negotiations on an air transport agreement, as well as freeze funding for Turkey next year, over “illegal” drilling for gas and oil off Cyprus, according to a draft statement seen by Reuters...
https://knews.kathimerini.com.cy/en/news/unficyp-mandate-extended-for-another-six-months
UN Secretary General Antonio Guterres has recommended that the Security Council extends UNFICYP’s mandate until January 31, 2020 in recognition of its continued contribution to the maintenance of peace and stability.
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