https://knews.kathimerini.com.cy/en/business/0-vat-rate-the-second-round
Almost two weeks after the zeroing of the tax rate on seven products (bread, eggs, milk, baby diapers, baby food, feminine hygiene products, and adult diapers), the Ministry of Finance and the Ministry of Commerce are in discussions regarding the next list of products that will have a low or reduced tax rate....
https://knews.kathimerini.com.cy/en/business/cyprus-on-verge-of-becoming-lng-hub-as-talks-of-israel-pipeline-intensify
The announcements made by the Prime Minister of Israel, Benjamin Netanyahu, regarding a pipeline that will transport natural gas from Israel's Exclusive Economic Zone (EEZ) to Cyprus for liquefaction (LNG) and export to European markets...
https://knews.kathimerini.com.cy/en/news/nicosia-scrambles-to-ease-burden-on-sanctions
The Registrar of Companies will accept requests from service providers to replace sanctioned persons with other persons, according to reliable sources...
https://knews.kathimerini.com.cy/en/business/unions-and-employers-sign-new-transitional-agreement-on-cola
Cyprus’ social partners (trade union and employers) on Friday signed, in the presence of the Minister of Labour and Social Insurance Yiannis Panayiotou, a new transitional agreement on the Cost-Of-Living Adjustment (CoLA) stipulating an increased allowance of 66.7% of last year’s inflation from the previous 50%....
https://knews.kathimerini.com.cy/en/news/british-expertise-on-the-table-as-leo-docherty-speaks-to-kathimerini
In an interview with "K" newspaper, Leo Docherty, the British Minister for Europe, highlighted the British commitment to closer collaboration, emphasizing the range of areas where British expertise and cooperation can contribute to addressing issues such as combating illegal financing and exploring support structures for enforcement or addressing potential sanctions evasion. ...
https://knews.kathimerini.com.cy/en/news/turkey-becomes-largest-source-of-schengen-visa-applications
As Türkiye’s hopes for a near agreement for visa-free travel with the European Union Member States remain dim, the country has now become the largest source of Schengen visa applications, with Turkish nationals filing over 700,000 applications in 2022....
https://knews.kathimerini.com.cy/en/business/three-of-four-unions-accept-labour-minister-s-improved-cola-proposal
Assuming it is God's will and with PEO's permission on Friday, it's anticipated that the issue of Cost of Living Allowance (CoLA) will come to a close....
https://knews.kathimerini.com.cy/en/business/cyprus-shifts-energy-policy-towards-natural-gas-for-power-generation
Cyprus' Minister of Energy, George Papanastasiou, announced that the country's strategy regarding the exploitation of natural gas in the Exclusive Economic Zone (EEZ) and other fields in the region will be decided after a workshop at the end of the month with the participation of energy companies in the Eastern Mediterranean. ...
https://knews.kathimerini.com.cy/en/business/lebanon-bans-top-cypriot-airline-from-flying-over-israeli-territories
Lebanon has barred the largest airline in Cyprus, TUS Airways, from flying in the Arab country’s airspace or landing at Beirut–Rafic Hariri International Airport, due to the fact that an Israeli corporation owns nearly half of the shares in the company....
https://knews.kathimerini.com.cy/en/news/russia-s-lukoil-completes-sale-of-oil-refinery-in-italy
Russia's second-largest oil producer Lukoil said on Thursday its subsidiary LITASCO had completed the sale of the ISAB oil refinery in Sicily to Cypriot private equity firm G.O.I. Energy following approval by Italian authorities...
https://knews.kathimerini.com.cy/en/news/the-hypocrisy-over-varosha
The news of three hotels owned by Greek Cypriots being sold to a Turkish Cypriot entrepreneur in Varosha summarizes our ongoing hypocrisy in the Cyprus issue, both in terms of the displaced and the property aspect in the negotiations....
https://knews.kathimerini.com.cy/en/news/eu-gives-€60-80m-to-fund-hellenic-defense-systems
As part of the moves to strengthen the European defense industry, based on the increased need for defense equipment resulting from the war in Ukraine,...
https://knews.kathimerini.com.cy/en/news/kilicdaroglu-s-visa-free-travel-pledge-to-europe-unlikely-to-happen-soon
The pledges of the Turkish Presidential Candidate, Kemal Kilicdaroglu, made last month regarding visa-free travel with Europe within three months may not become a reality any time soon after German officials denied such claims....
https://knews.kathimerini.com.cy/en/news/chevron-pushes-forward-with-cyprus-tricky-move
Chevron has reportedly started drilling a key appraisal well offshore Cyprus, a development mired in geopolitical controversy over the ethnically-split island as well as neighbor relations...
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/more-than-330-000-people-displaced-in-sudan-due-to-conflict
Deadly conflicts in Sudan have displaced more than 330,000 people inside the country, while more than 100,000 have crossed the border to neighboring countries, the United Nations has announced....
https://knews.kathimerini.com.cy/en/news/cyprus-republic-not-involved-in-the-sale-of-the-3-hotels-in-varosha
Today, a scheduled meeting was held at the Ministry of Foreign Affairs to commemorate the new government's inauguration. The Minister of Foreign Affairs, Mr. Kombos, met with the Municipality of Famagusta, led by Mayor Simos Ioannou. ...
https://knews.kathimerini.com.cy/en/news/russian-wave-heads-north-as-sanctions-pick-up-in-cyprus
Russian businesses in the Republic of Cyprus are rumored to be moving to the northern part of the island to avoid sanctions, amid reports that more Cypriot nationals in the south are expected to be added to a new list of 'Russian enablers'...
https://knews.kathimerini.com.cy/en/news/probe-into-t-c-businessman-s-acquisition-of-g-c-properties-in-varosha
Government officials have refuted reports published by T/C newspaper Yeni Bakis which claimed that a T/C businessman had acquired three Greek Cypriot hotels and two floors of apartment buildings in the closed city of Famagusta with the approval of the Ministry of Interior of the Republic....
https://knews.kathimerini.com.cy/en/news/labor-minister-proposes-compromise-on-cola-issue
Labour Minister Yiannis Panagiotou presented a mediation proposal on the CoLA issue to trade unions and employers' organizations on Friday morning (28/04)....
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-entrepreneur-purchases-hotels-in-closed-famagusta
Yeni Bakis reported today that a Turkish Cypriot entrepreneur claims to have purchased three hotels and two floors of apartment buildings from their Greek Cypriot proprietors in the closed Famagusta. ...
https://knews.kathimerini.com.cy/en/news/greek-american-think-tank-reaffirms-cyprus-commitment
The American Hellenic Institute says it is committed to continuing to strengthen US-Cyprus relations, following a visit by delegates to the island to emphasize military ties between the two countries...
https://knews.kathimerini.com.cy/en/news/church-of-cyprus-goes-digital-conciliation-application-now-online
Starting May 1, 2023, the Church of Cyprus has announced that the mandatory application for attempted conciliation, required to proceed to Family Court Divorce proceedings,...
https://knews.kathimerini.com.cy/en/news/who-leads-regional-effort-to-improve-health-and-well-being-of-refugees-and-migrants
https://knews.kathimerini.com.cy/en/news/prague-conference-on-russia-bogged-down-over-cyprus
Another odd exchange about Cyprus with references to age and sexism ended up crashing an international conference on Russia and Ukraine on Monday in Prague, where Cypriot House Speaker Annita Demetriou took exception to her Turkish counterpart’s response after he took issue with her Turkish-Russian invasion analogy...
https://knews.kathimerini.com.cy/en/news/the-turkish-formula-for-cyprus-is-challenging
A complex equation for the Cyprus problem is foreseen by circles at the EU headquarters, regardless of who wins Turkey's elections. This is because neither of the two main candidates, Tayyip Erdogan nor Kemal Kilicdaroglu, has the resolution of the Cyprus problem on their agenda. ...
https://knews.kathimerini.com.cy/en/news/nba-to-open-basketball-school-in-costa-navarino
The National Basketball Association announced on Wednesday that it is partnering with TEMES to run a Basketball School at the resort of Costa Navarino this summer....
https://knews.kathimerini.com.cy/en/business/fox-news-pays-over-$787-million-for-airing-false-info
Fox News has settled with Dominion Voting Systems for over $787 million, marking the largest media defamation settlement in history. The settlement was reached just hours before the defamation trial was set to begin in a Delaware court....
https://knews.kathimerini.com.cy/en/news/washington-okays-baby-deal-for-turkish-f16
US President Joe Biden's administration is set to move ahead with the sale of a modernization package for Turkey's existing F-16 aircraft, after leaders of US congressional committees gave informal approval, but Turkey's request to buy billions of dollars worth of F-16s remains in limbo...
https://knews.kathimerini.com.cy/en/news/major-fuel-companies-accused-of-violating-competition-law-in-cyprus
Today, the Cyprus Association of Petrol and Liquid Fuels Distributors filed a complaint against four major fuel companies: Petrolina, EKO Cyprus, Coral Energy Products Cyprus, and ExxonMobil Cyprus. The complaint accuses these companies of violating the Competition Protection Law of 2022....