https://knews.kathimerini.com.cy/en/news/audit-exposes-serious-issues-in-collecting-unpaid-taxes-in-cyprus
An audit report from the Tax Department for 2022 has uncovered a staggering accumulation of over €2.5 billion in arrears, with €1 billion considered unsecure due to delays in necessary measures, the Audit Service revealed....
https://knews.kathimerini.com.cy/en/news/chevron-s-new-proposal-for-aphrodite
March 31 marked the end of the three-month deadline given by Nicosia to the US company Chevron, a key partner in the joint venture for the development of Block 12 ...
https://knews.kathimerini.com.cy/en/news/cyprus-investment-association-unveils-€8-billion-in-projects
Members of the Cyprus Association of Large Investment Projects unveiled ambitious plans Thursday, highlighting 18 to 20 projects valued at over €8 billion. ...
https://knews.kathimerini.com.cy/en/news/cyprus-overcomes-gas-field-hurdles-eyes-eni-ceo-visit
Energy Minister Giorgos Papanastasiou announced Wednesday that hurdles in the development plan for the ''Aphrodite'' gas field have been overcome, marking progress in Cyprus' energy ambitions....
https://knews.kathimerini.com.cy/en/news/countdown-begins-for-next-cyprus-central-bank-governor
As the clock ticks towards the end of Mr. Konstantinos Herodotou's tenure on April 11, all eyes are on the impending announcement of his successor by President Nikos Christodoulides. ...
https://knews.kathimerini.com.cy/en/news/cyprus-sees-6-2-increase-in-average-monthly-earnings-for-q4-2023
The average gross monthly earnings of employees in Cyprus during the fourth quarter of 2023 saw a notable increase compared to the same period in 2022, according to provisional data released by the Statistical Service of Cyprus on Tuesday....
https://knews.kathimerini.com.cy/en/news/erdogan-s-worries-mount-as-opposition-claims-victory-in-key-cities
There's a palpable sense of satisfaction among the opposition, resonating with a significant portion of the populace, following Sunday's electoral outcome in Istanbul and other major Turkish cities....
https://knews.kathimerini.com.cy/en/business/employers-call-for-tax-reform-to-spur-economic-growth
Employers are advocating for a comprehensive overhaul of the tax system, proposing significant changes aimed at boosting economic activity and competitiveness. Here's a breakdown of their proposals:...
https://knews.kathimerini.com.cy/en/news/bridge-collapse-claims-lives-of-two-workers
The Francis Scott Key Bridge collapse early Tuesday resulted in the recovery of two bodies from the Patapsco River, identified as Alejandro Hernandez Fuentes......
https://knews.kathimerini.com.cy/en/news/how-russia-defies-sanctions-with-its-secret-gas-fleet
Moscow's response to Western sanctions on the Russian gas industry has revealed a strategic shift in its approach, with the creation of a 'shadow fleet' of liquefied natural gas (LNG) carriers. ...
https://knews.kathimerini.com.cy/en/news/lawmakers-slam-green-taxation-plans-as-stupid-and-immoral
DISY MP Kyriakos Hatzigiannis and Ecologists MP Stavros Papadouris sharply criticized the government's green taxation plans in interviews with ''SPOR FM 95.0'' and ''DIASPORA News.''...
https://knews.kathimerini.com.cy/en/news/cyprus-and-estonia-pledge-deeper-ties-across-borders
The similarities between Cyprus and Estonia, despite their geographical distance, noted on Wednesday in Nicosia......
https://knews.kathimerini.com.cy/en/news/russian-oil-payments-delayed-amid-sanctions-scrutiny
Russian oil companies are facing significant delays in receiving payments for crude and fuel as banks in China, Turkey, and the United Arab Emirates (UAE) exercise increased caution over potential U.S. secondary sanctions, according to eight sources familiar with the matter....
https://knews.kathimerini.com.cy/en/news/finance-ministry-to-shield-vulnerable-homes-from-price-hikes
The forthcoming measures are set to target specific areas, not just spread thinly across the board, in the fight against rising prices....
https://knews.kathimerini.com.cy/en/news/cyprus-estonia-presidents-meet-to-strengthen-ties
In a display of camaraderie and mutual interest, Cyprus President Nikos Christodoulides and Estonian President Alar Karis met Wednesday at the Presidential Palace, highlighting the strong bond between their nations despite geographical differences. ...
https://knews.kathimerini.com.cy/en/news/seal-of-approval-limassol-s-adorable-mascot-captivates-hearts
The story of Mr. Poseidon, as the seal is affectionately known, highlights a crucial aspect: the intricate relationship between the coastal economy and the marine ecosystem....
https://knews.kathimerini.com.cy/en/news/cyprus-economy-holds-steady-amid-challenges
Canadian credit rating agency DBRS Ratings GmbH (Morningstar DBRS) has affirmed the Republic of Cyprus's long-term ratings, maintaining it at BBB (high) with a stable economic outlook. ...
https://knews.kathimerini.com.cy/en/news/europe-s-ambitious-plan-to-reignite-economic-engines
As Europe endeavours to uphold its competitiveness amidst economic rivals, its politicians believe they hold a concealed asset: the savings of its citizens, which remain unused and dormant....
https://knews.kathimerini.com.cy/en/business/cyprus-braces-for-soaring-fuel-prices
Cyprus braces for a significant hike in motor fuel prices by mid-April, with increases of 10 cents per liter expected to impact consumer spending across the island nation, according to a report by Kathimerini's Maria Eraclous....
https://knews.kathimerini.com.cy/en/news/occupied-territories-are-a-black-hole-for-illicit-funds
The recent update to the US-UK sanctions list, active since last April and aimed at Russia, continues to scrutinize Cypriot-based entities suspected of violating the Russian embargo. ...
https://knews.kathimerini.com.cy/en/news/halloumi-and-pharma-propel-exports-to-€2-35-billion
Cyprus' main exports for 2023 included mineral fuels and oil, halloumi and pharmaceutical products, according to the Cyprus Statistical Service (CyStat).
...
https://knews.kathimerini.com.cy/en/news/hungarian-government-insider-alleges-corruption-cover-up
Former Hungarian government insider turned oppositionist Peter Magyar released an audio recording on Tuesday, alleging top officials conspired to cover up corruption, adding a new layer to a scandal that has rocked Prime Minister Viktor Orbán's political stronghold....
https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation
International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks.
...
https://knews.kathimerini.com.cy/en/business/cyprus-aims-for-vasilikos-lng-terminal-completion-by-2024
Cyprus aims to complete construction of the Liquified Natural Gas (LNG) terminal in Vasilikos by the end of 2024, according to Energy Minister George Papanastasiou on Monday....
https://knews.kathimerini.com.cy/en/news/european-commission-flags-trade-risks-for-cyprus-economy
The Cypriot economy is on a sound footing due to solid economic growth and declining inflation, but its high integration with EU and non-EU economies make geopolitical and trade tensions......
https://knews.kathimerini.com.cy/en/news/labor-minister-discusses-cost-of-living-allowance-for-cyprus
In an interview with Oriana Papantoniou, Minister of Labor and Social Insurance Yiannis Panayiotou highlighted the significant strides made during his first year in office, emphasizing a people-centric approach to governance. ...
https://knews.kathimerini.com.cy/en/news/who-will-lead-cyprus-central-bank
An intense behind-the-scenes battle is unfolding regarding the future of Cyprus' central banker as the term of the current governor, Constantinos Herodotos, draws to a close in less than 20 days....
https://knews.kathimerini.com.cy/en/comment/opinion/with-the-cross-in-one-hand-and-the-staff-in-the-other
The Church of Cyprus has weathered many storms throughout its long history, often paying a heavy price to maintain the cohesion of its flock. ...
https://knews.kathimerini.com.cy/en/news/former-disy-vice-president-joins-elam-for-european-elections
Former Vice President of the Democratic Rally (DISY), Marios Pelekanou, has joined the electoral list of the National Popular Front (ELAM) for the upcoming European elections, sparking a flurry of reactions and criticisms within the political sphere....
https://knews.kathimerini.com.cy/en/business/responsible-today-sustainable-tomorrow-lidl-cyprus-with-an-eye-on-cyprus-of-the-future
An event dedicated to its vision for a sustainable tomorrow was held by Lidl Cyprus at the premises of the Lidl Food Academy in the centre of Nicosia on Thursday 21 March 2023, in the presence of the honourable Minister of Energy, Trade and Industry, Mr. Giorgos Papanastasiou, as well as other institutional body representatives and partners of the company, as well as representatives of the media. ...
