https://knews.kathimerini.com.cy/en/business/tying-up-loose-ends-at-hellenic
Hellenic Bank experienced several changes in 2022, as it closed outstanding issues while also opening new chapters. Hellenic Bank made changes to its top management, staff, shareholding composition, and labor issues in the fourth quarter of 2022, ...
https://knews.kathimerini.com.cy/en/news/unaccompanied-minors-are-on-the-rise
Managing the exponentially increasing number of unaccompanied minors or unaccompanied alien children (UAC) is a problem that must be solved by the government in collaboration with NGOs and other relevant actors....
https://knews.kathimerini.com.cy/en/business/hellenic-ceo-cleared-of-any-wrongdoing
Oliver Gatzke, CEO of Hellenic Bank, has not been linked to any suspicious activity, according to the Cyprus Securities and Exchange Commission (CySEC)....
https://knews.kathimerini.com.cy/en/business/the-expansion-of-the-digital-economy-and-the-upcoming-exchange-of-information-and-tax-transparency-regimes
The exchange of information has been widely considered as a one of the most effective measures in tackling tax evasion and protecting the integrity of tax systems. ...
https://knews.kathimerini.com.cy/en/business/popular-hotel-chains-set-up-shop-in larnaca
The Accor Group, a major French hotel chain, recently made an official announcement about the opening of its first unit in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/cyprus-to-extradite-chinese-national-in-fraud-case
A fugitive businessman in Cyprus will be handed over to Beijing in connection with a money fraud investigation, a move that challenges recent consensus across Europe against Chinese extradition requests, after the suspect’s lawyers gave their consent provided that Cypriot officials will be allowed to visit the defendant and sit in during court proceedings...
https://knews.kathimerini.com.cy/en/news/dept-of-labour-our-social-security-fund-is-sound
According to the Ministry of Labour and Social Insurance, the General Social Insurance Plan's most recent actuarial study shows that the amendments made up until 2012 ensure the long-term viability of the Social Insurance Fund and that,...
https://knews.kathimerini.com.cy/en/news/over-half-a-billion-euro-government-surplus-so-far-this-year
Preliminary General Government fiscal results indicate a surplus of €556.4 mn for the period of January-October 2022, according to data prepared and published by the Statistical Service of Cyprus on Wednesday....
https://knews.kathimerini.com.cy/en/news/inflation-rate-in-cyprus-expected-to-fall-to-8-3
Euro area annual inflation is expected to be 10.0% in November 2022, down from 10.6% in October according to a flash estimate from Eurostat, the statistical office of the European Union....
https://knews.kathimerini.com.cy/en/news/government-owed-€16-2m-from-ineligible-first-time-home-buyers
More than 270 people who benefited from the reduced rate of 5% VAT for first-time home buyers, have been found to be ineligible, following checks carried out throughout Cyprus by the Tax Department, and should be charged 19% VAT, totaling €16.2 million announced on Wednesday the Minister of Finance, Constantinos Petrides, after the Council of Ministers. He also announced on-site checks on other categories of taxpayers and types of taxes....
https://knews.kathimerini.com.cy/en/business/fuel-price-cuts-have-begun
Following a month of price volatility, the Cypriot market should see a reduction in the cost of motor and heating fuels in the coming days....
https://knews.kathimerini.com.cy/en/business/world-s-largest-crypto-exchange-platform-to-set-up-shop-in-cyprus
The FTX bankruptcy scandal a few weeks ago rocked the entire crypto world to its core, after its founder Sam Bankman-Fried, the "wonderboy" of the crypto trading world,...
https://knews.kathimerini.com.cy/en/news/economic-sentiment-in-cyprus-deteriorates-slightly-in-november
In November 2022, economic sentiment in Cyprus deteriorated slightly, as the Economic Sentiment Indicator decreased by 0.5 points compared with October 2022, according to the Business and Consumer Survey by the University of Cyprus...
https://knews.kathimerini.com.cy/en/news/covid-protests-spreading-across-china
From Shanghai to Beijing, protests have erupted across China in a rare show of dissent against the ruling Communist Party sparked by anger over the country’s increasingly costly zero-Covid policy....
https://knews.kathimerini.com.cy/en/news/prisons-are-the-headquarters-of-organized-crime
The measures taken by the Central Prison Management are neither sufficient nor effective and results in an uncontrolled and extremely dangerous situation that poses risks to the safety and lives of people inside and outside the Prison, ...
https://knews.kathimerini.com.cy/en/news/more-russians-visiting-spain-despite-eu-sanctions
The number of Russian nationals who are reaching Spain for travel purposes keeps increasing despite flight sanctions continuing to remain in place....
https://knews.kathimerini.com.cy/en/business/black-friday-up-to-70-off-all-aegean-flights
Aegean Airlines has announced a fantastic Black Friday deal. According to a press release, all flights are discounted by up to -70% today only. It should be noted that the offer applies to all direct and stopover flights....
https://knews.kathimerini.com.cy/en/news/ec-ban-on-flavored-or-heated-tobacco-products-began-yesterday
The Commission announced today that flavored or flavored heated tobacco products will be prohibited beginning today, Wednesday. Members have eight months to incorporate the delegated directive into their domestic legislation....
https://knews.kathimerini.com.cy/en/news/cyprus-cocktail-festival-the-christmas-edition
Deejay Radio and Difford's Guide have announced that the CYPRUS COCKTAIL FESTIVAL, which was postponed in October of last year, will return on December 14 in CHRISTMAS MODE....
https://knews.kathimerini.com.cy/en/news/ec-approves-7-75m-aid-for-cyprus-agricultural-sector
The European Commission has approved a 7.75 million euro Cypriot scheme to help some agricultural producers through direct grants, in order to deal with the side effects of Russia's invasion of Ukraine....
https://knews.kathimerini.com.cy/en/business/more-routes-and-airline-seats-for-the-winter
The announcements by Ryanair in the morning and Wizz Air on Monday afternoon to increase the fleet at Cypriot airports and add new routes clearly pleased Hermes Airports and the tourism industry in general,...
https://knews.kathimerini.com.cy/en/business/europe-rushes-to-stock-up-on-russian-diesel-before-ban-starts
European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited....
https://knews.kathimerini.com.cy/en/business/cypriot-registered-ships-decrease-by-21-due-to-sanctions
A large number of tankers that previously sailed under European Union flags, such as Cyprus and Malta’s, are leaving those registers as a result of the sanctions on Russian oil transportation....
https://knews.kathimerini.com.cy/en/business/ryanair-adds-five-new-destinations-and-a-fourth-aircraft-to-its-fleet-in-cyprus
Ryanair has announced its busiest summer schedule in Cyprus, with 41 routes from Paphos to destinations including Naples and Toulouse....
https://knews.kathimerini.com.cy/en/news/children-s-house-1-565-children-screened-for-sexual-abuse
Children's House received referrals for 1,565 children to be investigated for sexual abuse from its inception in September 2017 until October 2022, according to a press release issued by Hope For Children Organization on Friday in honor of today's European Day for the Protection of Children Against Sexual Exploitation and Abuse....
https://knews.kathimerini.com.cy/en/news/cypriot-residents-took-more-trips-abroad-this-month-compared-to-last-year
A total number of 119,466 residents of Cyprus returned from a trip abroad in October 2022, compared to 64,547 in the corresponding month last year, recording an increase of 85.1%....
https://knews.kathimerini.com.cy/en/news/menendez-tells-cypriots-no-fighter-jets-for-erdogan
US Senator Bob Menendez has renewed his commitment to stop F-16 fighter sales to Turkey, calling instead on everyone to make sure that all Turkish soldiers leave Cyprus down to the last one...
https://knews.kathimerini.com.cy/en/news/spike-in-illegal-migrant-entries-says-eu-border-agency
The European Union’s border agency said Monday that the number of illegal entries by migrants spiked to more than 275,000 in the January through October period this year....
https://knews.kathimerini.com.cy/en/news/suspect-in-nicosia-prison-murder-case-cries-foul
The main suspect in the death of a Turkish Cypriot inmate in Nicosia has leveled multiple accusations during a court appearance on Monday, when reporters also heard him screaming at police and asking to be transferred to a different jailhouse...
https://knews.kathimerini.com.cy/en/news/inoculation-program-to-include-covid-and-flu-vaccines
Covid vaccinations aimed at inoculating residents of mountain areas will be organized by the Ministry of Health in the very near future, said Health Minister, Michalis Hadjipantela, adding that the goal is to neither become complacent nor take strict measures....
