https://knews.kathimerini.com.cy/en/news/cyprus-development-expenditure-2023-surpasses-€1b
The realization of state budget development expenditure in 2023 reached 72% compared to 70% in 2022 and the average of 69% over the last decade, according to a Treasury report released on Wednesday....
https://knews.kathimerini.com.cy/en/news/expected-tougher-questions-from-tucker-carlson-says-putin
Russian President Vladimir Putin expressed gratitude towards right-wing US television host Tucker Carlson for their recent interview but voiced surprise over the absence of ''sharp questions'' during the discussion.
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https://knews.kathimerini.com.cy/en/news/sarkozy-sentenced-to-one-year-in-jail-for-illegal-campaign-financing
The Paris appeals court found former French President Nicolas Sarkozy guilty of illegal campaign financing for his failed 2012 re-election bid. The lower court's previous ruling was confirmed....
https://knews.kathimerini.com.cy/en/news/eu-radio-stats-30-000-jobs-€4b-revenue
About 30,000 persons were employed by radio broadcasting enterprises across the European Union in 2022, with these enterprises recording a net turnover......
https://knews.kathimerini.com.cy/en/business/growth-in-women-s-roles-in-science-and-engineering
Women made up 44% of the science and engineering workforce in Cyprus in 2022, a trend that aligns with the EU average of 41%, according to Eurostat data released on the UN's International Day of Women and Girls in Science....
https://knews.kathimerini.com.cy/en/news/1-allegations-of-vegas-of-the-med-status-rattle-cyprus-talks
Competent sources that spoke to CNA on Tuesday described reports in a British daily as orchestrated ones, that attempt to undermine the efforts to return to the Cyprus talks....
https://knews.kathimerini.com.cy/en/news/man-sentenced-to-12-years-in-prison-for-child-sexual-abuse
A 26-year-old man was sentenced to 12 years in prison yesterday (12/02) after the Larnaca Criminal Court found him guilty of child sexual abuse.
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https://knews.kathimerini.com.cy/en/news/cyprus-drowning-in-trash-as-stats-report-more-waste-less-recycling
Brace yourselves, Cyprus – we've got a waste problem. The latest data from Eurostat, the EU's number cruncher, shows that in 2022, we each tossed out a whopping 673 kg of municipal waste....
https://knews.kathimerini.com.cy/en/news/biden-misnames-merkel-and-macron-stumbles-over-words-in-gaffe-filled-week
President Joe Biden has made a series of embarrassing slips of the tongue this week, confusing the names of dead and living world leaders and stumbling over his words.
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https://knews.kathimerini.com.cy/en/news/mps-question-rik-s-handling-of-political-participation-in-television-panels
The unchecked involvement of politicians, notably candidates during election cycles, in RIK broadcasts became a focal point in the Cyprus Parliament....
https://knews.kathimerini.com.cy/en/news/cabinet-approves-€17m-sponsorship-scheme-for-business-energy-upgrades
The Cabinet has approved Mr. George Papastasiou's proposal, the Minister of Energy, Commerce, and Industry, regarding the grants initiative aimed at enhancing upgrades and strengthening the competitive edge of major enterprises....
https://knews.kathimerini.com.cy/en/news/consumer-alerts-raised-over-potential-fuel-price-hikes
Konstantinos Karagiorgis, Director of the Consumer Protection Service, emphasized the importance of factual justification for price increases during an interview with CNA....
https://knews.kathimerini.com.cy/en/news/t-c-s-want-incentives-from-g-c-s-to-return-to-talks
''I personally think there is flexibility in the positions expressed by the Turkish side" says British High Commissioner Irfan Siddiq, explaining that "they want to have the right to talk about a separate state...''...
https://knews.kathimerini.com.cy/en/news/biden-praises-job-growth-declares-us-economy-strongest-in-the-world
President Joe Biden lauded the robust jobs report released on Friday, touting it as evidence of the United States possessing the world's strongest economy....
https://knews.kathimerini.com.cy/en/news/transport-for-london-accused-of-exploiting-eu-drivers-for-fines
European governments allege one of the largest data breaches in EU history as Transport for London (TfL) accused of illegally obtaining personal data for fines....
https://knews.kathimerini.com.cy/en/news/cyprus-secures-€20-9-million-boost-from-eu-s-recovery-fund
In a significant development, the European Commission announced a pre-financing injection of €20.9 million for Cyprus from the Recovery and Resilience Mechanism,...
https://knews.kathimerini.com.cy/en/business/deal-in-the-works-for-cnp-cyprus
The subsidiary of the French insurance giant CNP Assurances, CNP Cyprus Insurance Holdings, is currently in discussions for a potential change in ownership. ...
https://knews.kathimerini.com.cy/en/news/town-in-croatia-sells-homes-for-13-cents
In the northern town of Legrad, Croatia, a creative initiative offers homes for as low as 13 cents to attract new residents. Launched in 2018, the program aims to reverse population decline, with already promising results....
https://knews.kathimerini.com.cy/en/news/legal-chaos-unleashed-as-e-justice-project-collapses
Four years ago, when physical presence dominated business, the collapse of e-justice dealt a severe blow to the judicial system....
https://knews.kathimerini.com.cy/en/business/businesses-fear-global-tax-reform-will-lead-to-double-taxation
Global tax reform, ineffective use of technology and economic uncertainty are putting significant strain on business’ transfer pricing (TP) capabilities, according to the 2024 EY International Tax and Transfer Pricing Survey....
https://knews.kathimerini.com.cy/en/news/300-000-strong-protests-sweep-germany-against-far-right
Over the weekend, Germany witnessed an unprecedented wave of protests with approximately 300,000 people taking to the streets nationwide....
https://knews.kathimerini.com.cy/en/news/parliament-enacts-law-granting-tax-exemption-on-loan-repayments
The House of Representatives has unanimously approved a law exempting individuals who sold real estate or transferred shares to repay Non-Servicing Loans from the 0.4% tax designated for the Central Equal Weight Sharing Agency...
https://knews.kathimerini.com.cy/en/news/businesses-receive-€14-million-in-pandemic-blunder
In an inadvertent error, support payments totaling EUR 13.82 million were extended to 152 cases, failing to meet subsidy criteria under the Plan's terms and conditions. ...
https://knews.kathimerini.com.cy/en/news/cyprus-witnesses-356-bounced-cheques-yet-a-€1-7m-surge
In a recent disclosure, the Cyprus Central Bank unveiled a decrease in the issuance of uncovered checks during 2023, reporting a total of 356 compared to the previous year's 473.
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https://knews.kathimerini.com.cy/en/news/how-the-consumer-pocket-faces-a-perfect-economic-storm
The uncertainty and the intense upheavals in the global supply chain continue....
https://knews.kathimerini.com.cy/en/news/ceo-predicts-price-drops-for-homes-over-500k-euros
In the latest property data, the real estate landscape in Cyprus paints a picture of continuous growth, particularly in the apartment sector. However, a closer look reveals a potential plateau in the high-end market, specifically for properties priced at 500 thousand euros and above....
https://knews.kathimerini.com.cy/en/news/ever-wonder-how-happy-people-are-in-cyprus
Ever wonder how happy people are in Cyprus? Well, they recently gave their overall life satisfaction a score of 7.2 out of 10, according to Eurostat, the statistical service of the European Union. That's pretty close to the EU average, which stands at 7.1....
https://knews.kathimerini.com.cy/en/news/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview
Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....
https://knews.kathimerini.com.cy/en/news/companies-spared-fines-for-real-beneficiaries-registry
In light of recent reports, the Department of Companies and Intellectual Property (DCIP) in Cyprus provides updates on the implementation of Law 188(I)/2007 addressing the Prevention and Combating of Money Laundering....
https://knews.kathimerini.com.cy/en/news/apple-stocks-dip-as-microsoft-claims-market-crown
In a noteworthy development, Microsoft has eclipsed Apple in market capitalization, marking the first time since late 2021....
