https://knews.kathimerini.com.cy/en/news/what-is-nicos-anastasiades-afraid-of
According to a report written by Marina Economides and published in Kathimerini's Sunday edition, former President Nicos Anastasiades faces a challenging political landscape following his...
https://knews.kathimerini.com.cy/en/news/putin-s-blackmail-fails-to-halt-green-transition
Ursula von der Leyen, the president of the European Commission, stated on Tuesday that Vladimir Putin's attempts at "blackmail" have backfired, hastening the EU's shift toward green energy. ...
https://knews.kathimerini.com.cy/en/business/ceos-globally-forecast-increase-in-revenues-profits-and-deal-making-in-2024-as-business-transformation-moves-up-the-agenda
CEOs are optimistic about their ability to drive revenue growth and profitability in 2024 despite global economic headwinds, according to the latest EY CEO Outlook Pulse survey....
https://knews.kathimerini.com.cy/en/business/pillar-two-readiness-and-technology
As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...
https://knews.kathimerini.com.cy/en/news/government-faces-backlash-over-officials-salary-surge
In a significant move, a deal signed on July 28, 2017, not only marked the revival of the institution but also propelled the salaries of officials to new heights.
...
https://knews.kathimerini.com.cy/en/news/european-parliament-honors-navalny-amidst-food-inflation
The European Parliament will commemorate the life of Russian activist Alexei Navalny, featuring an address by his wife, Yulia Navalnaya, in its plenary session this week in Strasbourg......
https://knews.kathimerini.com.cy/en/news/asylum-appeals-in-cyprus-skyrocket-to-472
A dramatic increase of 472% in appeals before the Administrative Court of International Protection by asylum seekers and foreigners has been reported between 2020 and 2023,...
https://knews.kathimerini.com.cy/en/news/deadline-approaches-for-vehicle-registration-renewal
Cyprus residents are reminded that the deadline for renewing vehicle registration permits for 2024 is fast approaching. The renewal period, which began on January 4, will conclude on March 11 at midnight. ...
https://knews.kathimerini.com.cy/en/business/hellenic-bank-posts-impressive-2023-profit-of-€365-4-million
Hellenic Bank reported a substantial profit of €365.4 million for the year 2023, marking a significant upswing from €21.8 million in 2022. The Return on Tangible Equity (ROTE) for 2023 soared to 28.7%, a stark contrast to the 2.0% recorded in 2022....
https://knews.kathimerini.com.cy/en/news/labour-minister-eyes-growth-and-jobs-ahead
The Minister of Labour and Social Insurance, Yannis Panayiotou, notes a common approach for the development of the economy between the Government and the business community......
https://knews.kathimerini.com.cy/en/news/government-official-salaries-surge-up-17-in-5-years
Over the past half-decade, the salaries of government officials have surged by a notable 17%, shedding light on the expanding state payroll. ...
https://knews.kathimerini.com.cy/en/news/usa-teens-turn-to-weight-loss-drugs-amid-rising-obesity-rates
In response to escalating obesity rates among teens, some adolescents are turning to powerful weight loss medications, with the American Academy of Pediatrics endorsing their use for those aged 12 and above. ...
https://knews.kathimerini.com.cy/en/news/popular-breakfast-cereals-infused-with-fertility-linked-pesticide
In a recent study conducted by the Environmental Working Group (EWG), it has been revealed that an obscure pesticide called chlormequat, which is linked to infertility in animals,...
https://knews.kathimerini.com.cy/en/news/cyprus-targets-gambling-addiction-with-new-gesy-proposal
In January 2024, the National Betting Authority submitted a comprehensive proposal to the Minister of Health, advocating for the inclusion of treatment for gambling-related behavioral disorders in Gesy, Cyprus' healthcare system.
...
https://knews.kathimerini.com.cy/en/news/cyprus-government-achieves-significant-debt-reduction-in-2023
The Cyprus government reported that the island nation ended 2023 with a debt of €22.4 billion, constituting around 99% of the Republic of Cyprus' total debt. This marks a notable reduction of €689 million or 3% from the corresponding period in the previous year....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-faces-headwinds-in-2024
According to an article by Maria Eracleous published in Kathimerini's Oikonomiki, the tourism sector in Cyprus is grappling with a challenging start to 2024, primarily attributed to the ongoing conflict in Israel and heightened price sensitivity impacting travel demand....
https://knews.kathimerini.com.cy/en/business/christodoulides-unveils-€60m-relief-package-amid-rising-prices
In an address to the nation, the President of Cyprus unveiled a series of targeted measures aimed at alleviating the economic challenges faced by households and businesses amidst rising prices. ...
https://knews.kathimerini.com.cy/en/news/putin-detains-us-ballerina-for-alleged-$51-high-treason
Vladimir Putin's Federal Security Service has detained Ksenia Karelina, a dual Russian-American ballerina, on suspicion of treason, officials reported Tuesday....
https://knews.kathimerini.com.cy/en/news/ec-approves-interest-subsidy-scheme-for-housing-loans
In a significant development, the European Commission's DG Competition has approved an interest subsidy scheme aimed at housing loans in Cyprus....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-welcomes-two-new-partners-to-power-growth
EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of two new partners....
https://knews.kathimerini.com.cy/en/news/kato-pyrgos-aims-to-become-cyprus-first-energy-self-sufficient-community
Inspired by the success of the Tilos Project, the first operational renewable energy initiative that achieved energy independence for the island of Tilos, Kato Pyrgos aspires to become the first energy self-sufficient community in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/eu-unveils-stricter-fiscal-rules-for-member-states
The European Commission has introduced new fiscal rules aimed at promoting growth and financial discipline among member states. The framework, ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-nearly-half-a-billion-euro-profit-in-2023
Bank of Cyprus reported a robust profit of €487 million for the fiscal year 2023, as announced by Group CEO Panicos Nikolaou during the presentation of the bank's financial results....
https://knews.kathimerini.com.cy/en/news/cyprus-tourism-braces-for-challenges-in-2024
The Association of Cyprus Tourist Enterprises (ΣΤΕΚ) is getting a bit jittery about the upcoming tourist season in 2024. In a recent meeting, they chatted with a representative from Hermes Airports to figure out what's going on....
https://knews.kathimerini.com.cy/en/news/how-does-zero-vat-affect-your-grocery-bills
The Consumer Protection Service is keeping a close eye on how the zero VAT (Value Added Tax) rate impacts prices in stores. They've been checking 88 different products ...
https://knews.kathimerini.com.cy/en/comment/opinion/youtube-star-to-political-contender-with-elon-musk
When Fidias Panayiotou, affectionately known as Fidias, embarked on his YouTube journey following his departure from the National Guard in late 2019......
https://knews.kathimerini.com.cy/en/news/excavations-for-missing-cypriots-underway
Excavations are currently carried out by the Committee on missing persons (CMP) at seven sites in the areas under control of the Republic of Cyprus and the occupied areas to locate remains of missing Greek Cypriots and Turkish Cypriots....
https://knews.kathimerini.com.cy/en/news/alarming-surge-in-eating-disorders-in-cyprus-raises-concerns
In 2023, an alarming 60% surge in eating disorders was reported, with an additional 50% increase noted by February this year, according to Health Commission President Efthimios Diplaros....
https://knews.kathimerini.com.cy/en/business/pwc-cyprus-goes-100-renewable-sets-green-example
PwC Cyprus issued an announcement today, revealing that it has achieved a significant milestone in its quest for zero emissions. The electricity powering its operations in Nicosia and Limassol is now sourced entirely from renewable sources. ...
https://knews.kathimerini.com.cy/en/news/cyprus-3-7-greenhouse-gas-increase-stands-out-in-eu
In the third quarter of 2023, greenhouse gas emissions through economic activity had increased by 3.7% in Cyprus and decreased by 7.1%......