https://knews.kathimerini.com.cy/en/news/cabinet-approves-tax-deductions-for-businesses-and-extends-tax-payment-deadline
The Cabinet approved several important measures on Wednesday, including a bill on tax rebates for businesses for energy upgrades, an extension of the tax payment deadline, and a suspension of the obligation to file tax returns for individuals with a taxable income below €19,500....
https://knews.kathimerini.com.cy/en/business/porsche-cyprus-celebrates-the-grand-opening-of-the-new-corporate-architecture-concept-destination-porsche-in-limassol
It is the fourth Porsche Centre under the new retail ''Destination Porsche'' concept in the Central and Eastern Europe region and amongst first in the world. ...
https://knews.kathimerini.com.cy/en/business/ayia-napa-marina-expands-with-exciting-new-additions
Ayia Napa Marina, renowned as the island's premier entertainment hotspot, is set to enhance its offerings with the addition of selected stores and brands in the shopping zone. The new establishments, expected to open in June, aim to provide visitors with even more choices to satisfy their every need and taste....
https://knews.kathimerini.com.cy/en/business/minister-calls-for-duty-free-halloumi-exports-to-australia
Minister for Agriculture Petros Xenophontos participated in the Agriculture and Fisheries Council of the EU on Tuesday, where he participated in discussions regarding the state of the agricultural market in the EU as well as trade with Ukraine.
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https://knews.kathimerini.com.cy/en/news/government-to-proceed-with-national-security-council-implementation
Cyprus’ Council of Ministers on Wednesday decided on the establishment of a National Security Council (NSC), Government Spokesman Konstantinos Letymbiotis announced, noting that its mandate will be to produce thoughts, ideas, suggestions and proposals with practical value on matters of national security....
https://knews.kathimerini.com.cy/en/business/why-are-food-prices-so-high-in-europe
It is the most basic of staple food items: sliced white bread. In Britain, the average price of a loaf was 28 percent higher in April, at 1.39 pounds, or $1.72, than it was a year earlier....
https://knews.kathimerini.com.cy/en/news/eu-envoy-a-modern-european-approach-says-letymbiotis
The proposal for the appointment of a special envoy from the EU for the Cyprus issue is a modern European proposal that can change the EU's relations with Turkey and solve a longstanding problem, ...
https://knews.kathimerini.com.cy/en/business/cyprus-unemployment-higher-than-eu-average
In 2022, the unemployment rate of people aged 15-74 in Cyprus was 6.8%, a little higher than the EU average (6.2%), according to data released by Eurostat, the statistical service of the EU, with data recording a large variation across the EU’s NUTS 2 regions. The unemployment rate among the young was also above the EU average in Cyprus....
https://knews.kathimerini.com.cy/en/news/an-effective-foreclosure-framework-is-important-says-finmin
An effective and functional foreclosure framework is crucial for encouraging borrowers to restructure their debt, due to the high stock of non-performing loans (NPLs), the Cyprus Ministry of Finance said in a press release on Tuesday....
https://knews.kathimerini.com.cy/en/news/illegal-bird-trafficking-ring-busted
An illegal wild bird trafficking ring was dismantled after a joint collaboration between the Game and Wildlife Service and Police....
https://knews.kathimerini.com.cy/en/news/menendez-wants-change-from-turkey-before-f-16-approval
A senior US senator who has long opposed the potential sale of F-16 fighter jets to Turkey said on Tuesday he wants Turkish President Tayyip Erdogan to take a 'less belligerent stance toward NATO allies and Turkey’s neighbors before lifting his opposition to the deal...
https://knews.kathimerini.com.cy/en/business/luxury-villas-for-sale-by-astrobank
https://knews.kathimerini.com.cy/en/news/cyprus-city-of-dreams-keeps-union-stewards-at-bay
Cyprus’ City of Dreams, Europe’s largest integrated casino resort, is moving ahead with plans this year to welcome guests with open arms, but union officials are not among them...
https://knews.kathimerini.com.cy/en/news/natural-gas-a-priority-for-affordable-electricity-generation
The Cyprus Chamber of Commerce and Industry (CCCI) agrees with the government's priority to bring natural gas το Cyprus, in order to produce cheap electricity, said CCCI President Christodoulos Angastiniotis, after a meeting held between CCCI and President of the Republic, Nikos Christodoulides, on Tuesday....
https://knews.kathimerini.com.cy/en/news/14-new-fixed-cameras-in-operation-after-kataklismos
14 new fixed photo-enforcement cameras are being added to the urban road network after the Deluge weekend, according to Tassos Asiikkis, Chief Inspector of the Traffic Police Department....
https://knews.kathimerini.com.cy/en/comment/opinion/corruption-on-the-island-of-saints
The millions - some say billions - that we lost as a state due to the corruption of various officials are not enough. Now we will have to pay additional funds to bring in "esteemed legal experts" from abroad - specifically from Great Britain - to assist in the investigations. Clearly, we are rapidly heading back to an era where corruption was limited, somewhere around 1950....
https://knews.kathimerini.com.cy/en/comment/opinion/is-there-an-energy-plan-or-isn-t-there
When in 2011 Cyprus discovered natural gas in "Aphrodite," the discussion about geopolitical upgrading was so intense that it led to the creation... of a movie titled "Block 12" and the establishment of specialized studies in oil & gas....
https://knews.kathimerini.com.cy/en/news/devastating-images-of-the-kathika-fire-destruction-and-aftermath
A fire broke out on Saturday in the Kathikas community, engulfing an area of approximately 30 hectares covered with forest vegetation. Distressing images captured by "K" reveal the aftermath of the blaze, presenting a desolate landscape....
https://knews.kathimerini.com.cy/en/news/german-delegation-visit-to-cyprus-highlights-good-diplomatic-relations
Α delegation of the Parliamentary Friendship Group for relations with Cyprus and Malta of the German Bundestag will pay an official visit to Cyprus, between 30 May and 2 June 2023. The visit takes place at the invitation of the Cyprus House of Representatives, an official announcement says....
https://knews.kathimerini.com.cy/en/news/a-glimmer-of-hope-as-christodoulides-looks-to-the-future-after-turkish-elections
Cyprus President Nikos Christodoulides expressed hope for imminent developments in the Cyprus problem following the completion of elections in Turkey....
https://knews.kathimerini.com.cy/en/comment/opinion/the-self-sabotage-of-a-president-in-less-than-100-days
Nicos Anastasiades, undeniably one of the prominent political figures in the region, has faced criticism after many years in the Presidency, which, in some cases, rightly exceeded the boundaries of political deconstruction. ...
https://knews.kathimerini.com.cy/en/news/ec-challenges-5-vat-proposal-for-primary-residences
Finance Ministry Director-General George Pantelis informed the parliamentary Finance Committee that the European Commission disagrees with the consensual proposal agreed upon in Parliament regarding the imposition of a reduced VAT rate on the construction or acquisition of a primary residence....
https://knews.kathimerini.com.cy/en/news/unleashing-potential-through-a-revised-recovery-plan
The Directorate General for Growth, in collaboration with all stakeholders, is currently preparing Cyprus' revised Recovery and Resilience Plan....
https://knews.kathimerini.com.cy/en/business/divestments-trigger-a-risk-of-backlash-in-the-recovery-fund
As Cyprus races against time to secure €1.1 billion in grants and loans from the Recovery Fund (NextGenerationEU) by June 2026, a new challenge arises. ...
https://knews.kathimerini.com.cy/en/news/take-cover-high-dust-concentrations-pose-health-risks
According to the Department of Labour Inspection, high concentrations of dust are currently being observed on Monday....
https://knews.kathimerini.com.cy/en/news/erdogan-wins-turkish-election
President Recep Tayyip Erdogan has won Turkey’s presidential election, defeating opposition leader Kemal Kilicdaroglu in Sunday’s runoff vote and stretching his rule into a third decade...
https://knews.kathimerini.com.cy/en/business/china-s-c919-takes-flight-to-break-the-airbus-boeing-duopoly
China Eastern Airlines, the initial customer for the country's homegrown narrow-body jet C919, will launch the plane's first commercial flight on Sunday, the carrier's app showed on Friday....
https://knews.kathimerini.com.cy/en/news/energizing-surprise-abundance-of-energy-sends-prices-plummeting-in-finland
Finland was dealing with an unusual problem on Wednesday: clean electricity that was so abundant it sent energy prices into the negative....
https://knews.kathimerini.com.cy/en/news/blackamoor-reference-gets-lawmaker-in-trouble
Cypriot lawmakers are crying foul over a social media post by a controversial colleague after his comment about a female pro-LGBTQI parliamentarian with a reference to 'three black men' was described as 'vulgar' and 'racist'...
https://knews.kathimerini.com.cy/en/news/usa-child-labor-seen-as-solution-to-labor-shortage
Lawmakers in several states, predominantly Republicans, are pushing for legislation that would relax labor laws for children, allowing them to work in more hazardous occupations, longer hours on school nights...