https://knews.kathimerini.com.cy/en/news/cyprus-requests-disbursal-of-€85-million-rrf-funds-from-ec
The European Commission announced it received on Thursday the first payment request from Cyprus under the Recovery and Resilience Facility (RRF) for the disbursement of €85 million in financial support (net of pre-financing), ...
https://knews.kathimerini.com.cy/en/news/increasing-electricity-costs-to-be-subsidized-by-the-government
A subsidy that will cover part of the increase in the price of electricity was hammered down during today's session by the Cabinet. As the Minister of Finance Constantinos Petridis stated, ...
https://knews.kathimerini.com.cy/en/news/tax-filing-deadline-extended-by-one-month
The Council of Ministers today announced the extension of the deadline to file personal income taxes from July 31st to August 31st, 2022. according to the announcement by Finance Minister Konstantinos Petridis....
https://knews.kathimerini.com.cy/en/business/tighter-controls-and-penalties-for-cross-border-transactions-in-cyprus
The Cyprus Securities and Exchange Commission (CySEC) is introducing additional controls for cross-border services and announced that investor protection will be strengthened under new rules regarding how complaints are handled....
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-5-with-further-rate-hikes-on-the-horizon
The European Central Bank (ECB) increased interest rates by more than expected on Thursday, raising its benchmark deposit rate by 50 basis points to zero percent, impacting the Cyprus banking system and local borrowers....
https://knews.kathimerini.com.cy/en/news/sba-police-probe-corrupt-official-in-pizzo-case
A local man working for the Sovereign Base Areas in Cyprus is facing corruption charges, where he is being accused of receiving money from businesses in order to turn a blind eye on violations...
https://knews.kathimerini.com.cy/en/news/anastasiades-our-aim-for-reunification-remains
Cyprus paid tribute to all those who lost their lives in the 1974 Turkish invasion, which resulted in the occupation of 37% of its territory, with President Nicos Anastasiades stressing that we continue to aim at reunifying and “rid the island of third-party dependencies.”...
https://knews.kathimerini.com.cy/en/news/discussions-on-minimum-wage-in-the-final-stretch
We are entering the final stretch for the introduction of the minimum wage in Cyprus and serious developments are expected next Friday, July 22, 2022....
https://knews.kathimerini.com.cy/en/news/stella-kyriakides-visits-ukraine-in-bid-to-provide-eu-health-support
EU Health Commissioner, Stella Kyriakides, visited Ukraine today as part of the Commission's ongoing efforts to provide support in the area of health....
https://knews.kathimerini.com.cy/en/business/foreclosures-suspended-until-the-end-of-october-2022
The Cyprus Parliament on Thursday passed a bill suspending foreclosures until the end of October,...
https://knews.kathimerini.com.cy/en/news/slashed-tires-slow-down-finance-minister
The tires of a vehicle belonging to the Cypriot finance minister were slashed over weekend, with police saying they were investigating the incident...
https://knews.kathimerini.com.cy/en/news/sri-lankan-president-flees-country-amid-devastating-economic-crisis
Sri Lankan President Gotabaya Rajapaksa fled the country on Wednesday and hundreds of protesters stormed the prime minister's office demanding his ouster, as a people's uprising over a devastating economic crisis overwhelmed security forces....
https://knews.kathimerini.com.cy/en/business/nightmare-scenario-for-europe-as-russia-shuts-off-gas-pipeline
The main natural gas pipeline between Russia and Germany shut down for scheduled maintenance Monday, raising concerns that Moscow could use the repairs as a pretext for a longer shutdown as it wields energy supplies as leverage in the Ukraine war....
https://knews.kathimerini.com.cy/en/news/boris-johnson-vows-to-fight-on-amid-growing-wave-of-resignations
Britain's Boris Johnson defiantly vowed on Wednesday to fight on against growing calls for him to resign as prime minister, but his pledge to keep going was met with scornful laughter at a parliamentary appearance....
https://knews.kathimerini.com.cy/en/news/government-takes-steps-to-break-cyprus-reliance-on-fossil-fuels
The government today took steps to break Cyprus’ reliance on fossil fuels....
https://knews.kathimerini.com.cy/en/news/nicosia-jittery-about-us-demand-to-ban-vessels
The Republic of Cyprus reportedly has concerns over a US request to ban vessels transporting Russian oil, with the small island but major maritime player feeling pressure as Washington leads a G7 effort to sharply reduce Russian oil revenue...
https://knews.kathimerini.com.cy/en/news/documentary-on-cyprus-to-be-aired-on-bbc
A documentary on the cultural treasure of Cyprus will soon be screened by the BBC following the involvement of the former President of the World Federation of Tourist Guide Associations and a good friend to Cyprus, Deborah Androus....
https://knews.kathimerini.com.cy/en/news/russia-defaults-on-foreign-debt-for-the-first-time-since-1918
Russia has defaulted on its foreign debt for the first time in more than a century as the country can't pay creditors due to sanctions over the war in Ukraine, according to media reports.
...
https://knews.kathimerini.com.cy/en/news/petrides-a-new-era-of-uncertainty
Uncertainty is the only certain thing in the new era we are entering, said Finance Minister Constantinos Petrides addressing the 14th Congress of the Free Trade Unions of Semi-Governmental Organizations (OHO-SEK)....
https://knews.kathimerini.com.cy/en/news/turkey-s-fiscal-cooperation-with-occupied-areas-unacceptable
Cyprus President Nicos Anastasiades intends to send letters to the UN Secretary-General, the EU, the guarantor powers and the US to inform them of the illegal protocol of economic and fiscal cooperation Turkey has signed with the regime in the island’s occupied areas....
https://knews.kathimerini.com.cy/en/news/turkish-cypriots-must-assume-responsibility-for-migration-flows
Vice-President of the European Commission Margaritis Schinas has said that the EU will find a way to make the Turkish Cypriot leadership assume its responsibility for limiting the migration flows in Cyprus which is faced with "an unbearably big burden"....
https://knews.kathimerini.com.cy/en/news/greek-pm-meets-with-president-anastasiades-in-cyprus
Greek Prime Minister Kyriakos Mitsotakis and Cyprus President Nikos Anastasiades said Friday that international law, strong alliances and the countries’ presence in the EU are what protect against Ankara's rhetoric and provocations....
https://knews.kathimerini.com.cy/en/business/the-end-of-an-era-as-revlon-files-for-bankruptcy
The US cosmetics group Revlon has filed for bankruptcy protection after battling supply chain problems and failing to compete with celebrity-backed and social media-savvy upstarts....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-dilemmas-of-war-and-pandemic
Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely.
...
https://knews.kathimerini.com.cy/en/news/cyprus-grieves-over-loss-of-beloved-minister
Cypriot President Nicos Anastasiades says his entire Cabinet was “crushed” by the death of Labor Minister Zeta Emilianidou, whose funeral is to be held on Friday in Nicosia...
https://knews.kathimerini.com.cy/en/business/ey-announces-4-new-partners-in-cyprus-and-welcomes-new-head-of-consulting
EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....
https://knews.kathimerini.com.cy/en/news/three-days-of-mourning-for-zeta-emilianidou
White flowers, a candle and a photo were set in the place of Zeta Aimilianidou during the meeting of the Council of Ministers....
https://knews.kathimerini.com.cy/en/business/kpmg-and-cim-offer-two-scholarships
Corporate social responsibility and support to the community are both fundamental and guiding principles in KPMG Cyprus. ...
https://knews.kathimerini.com.cy/en/news/cyprus-to-bring-back-bicycle-patrols
Deputy Minister for Tourism, Savvas Perdios said on Friday the Ministry intends to re-launch the Tourist Police, a project involving bicycle patrols by police officers in tourist areas. The idea originally started back in 2019 but was put on hold due to the Covid-19 pandemic....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-looking-for-answers
There are many major issues that need to be addressed, many of them divisive, before a new president is to be elected in Cyprus. ...
