https://knews.kathimerini.com.cy/en/news/police-crackdown-nets-over-€141k-in-extrajudicial-fine-collections
In separate operations, the Paphos and Nicosia Police Departments successfully executed multiple outstanding fine warrants, collecting significant sums....
https://knews.kathimerini.com.cy/en/news/government-extends-financial-aid-to-tornado-victims
The Council of Ministers, led by Interior Minister Constantinos Ioannou, has decided to provide financial aid for damages caused by the tornado in the Limassol district on February 14....
https://knews.kathimerini.com.cy/en/news/senator-menendez-faces-new-obstruction-charges-in-growing-legal-saga
In a recent development, U.S. Senator Bob Menendez and his wife are facing obstruction of justice charges, revealed in a new 18-count indictment unsealed on Tuesday....
https://knews.kathimerini.com.cy/en/business/pillar-two-readiness-and-technology
As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...
https://knews.kathimerini.com.cy/en/business/greece-to-bring-in-40-000-workers-from-six-countries
Prime Minister Kyriakos Mitsotakis announced on Thursday that Greece is on the cusp of a migration agreement with India to bring in unskilled and skilled workers to the country to be employed in the agricultural, construction and tourism sectors....
https://knews.kathimerini.com.cy/en/news/cyprus-economy-2024-ktrends-reveals-challenges-and-successes
Delving into the latest findings from the 6th wave of ''Ktrends'' research by ''Kathimerini'' newspaper unveils a multifaceted picture of Cyprus's economic landscape in January 2024. ...
https://knews.kathimerini.com.cy/en/comment/opinion/youtube-star-to-political-contender-with-elon-musk
When Fidias Panayiotou, affectionately known as Fidias, embarked on his YouTube journey following his departure from the National Guard in late 2019......
https://knews.kathimerini.com.cy/en/news/over-1-000-tons-of-discarded-tires-pile-up-across-cyprus
Today, more than 1,000 tons of tires lie scattered in open spaces throughout Cyprus, posing a significant problem for the environment and public health....
https://knews.kathimerini.com.cy/en/news/department-faces-2-000-backlogged-refugee-applications-due-to-understaffing
In February 2024, the Service for the Care and Rehabilitation of Displaced Persons (YMAPE) revealed a backlog of 2,000 pending applications, citing understaffing issues. ...
https://knews.kathimerini.com.cy/en/news/cyprus-to-roll-out-10-second-euro-transfers-across-banks
Over the next 18 months, Cyprus is poised to revolutionize money transfers, promising seamless transactions within 10 seconds from bank to bank....
https://knews.kathimerini.com.cy/en/news/government-grapples-with-energy-project-crisis
The firm spearheading one of the Republic of Cyprus' most ambitious energy ventures, Terminal F.P. at Royal, finds itself grappling with challenges that threaten its completion....
https://knews.kathimerini.com.cy/en/news/cyprus-set-to-join-great-sea-interconnector-project
In a significant move aimed at enhancing regional energy cooperation, Cyprus is considering participation in the ambitious Great Sea Interconnector project, according to statements from government officials....
https://knews.kathimerini.com.cy/en/news/ministry-directs-immediate-compensation-for-potato-producers
Following the recent onslaught of hailstorms and heavy rains wreaking havoc on potato farms in the free Famagusta district, Minister of Agriculture, Rural Development......
https://knews.kathimerini.com.cy/en/news/interest-rates-extended-borrowers-face-dilemma
Last Thursday, the European Central Bank (ECB) opted to maintain interest rates, extending the uncertainty for borrowers regarding their loans and repayments....
https://knews.kathimerini.com.cy/en/comment/opinion/how-state-members-earn-in-semi-governmental-boards
The monthly income for the president/member of a semi-governmental organization, derived from participating in the organization's sessions, averages around €400 to €500....
https://knews.kathimerini.com.cy/en/news/cyprus-exposes-25-cases-of-dual-pensions-and-salaries
Around 25 citizens and officials in the Republic of Cyprus are receiving double pay—pension plus salary, according to the Republic's Auditor General....
https://knews.kathimerini.com.cy/en/business/businesses-fear-global-tax-reform-will-lead-to-double-taxation
Global tax reform, ineffective use of technology and economic uncertainty are putting significant strain on business’ transfer pricing (TP) capabilities, according to the 2024 EY International Tax and Transfer Pricing Survey....
https://knews.kathimerini.com.cy/en/news/parliament-enacts-law-granting-tax-exemption-on-loan-repayments
The House of Representatives has unanimously approved a law exempting individuals who sold real estate or transferred shares to repay Non-Servicing Loans from the 0.4% tax designated for the Central Equal Weight Sharing Agency...
https://knews.kathimerini.com.cy/en/news/businesses-receive-€14-million-in-pandemic-blunder
In an inadvertent error, support payments totaling EUR 13.82 million were extended to 152 cases, failing to meet subsidy criteria under the Plan's terms and conditions. ...
https://knews.kathimerini.com.cy/en/news/kaili-slams-qatargate-probe-and-freemason-judges-in-tv-interview
MEP Eva Kaili, facing corruption and money laundering charges in the Qatargate scandal, vehemently defended herself in a recent interview with Italian channel Retequattro....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-releases-the-cyprus-tax-facts-guide-2024
EY Cyprus is delighted to announce the release of the latest edition of the Cyprus Tax Facts guide for the year 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-redefines-sustainability-with-new-housing-grants
In an exclusive announcement, the Ministry of Energy, Trade, and Industry is reaching out to stakeholders for their input on the innovative ''Grant Scheme for Renewable Energy and Energy Saving in Housing 2024-2025.''...
https://knews.kathimerini.com.cy/en/business/eu-implements-new-vat-transparency-rules-targeting-e-commerce-fraud
The EU’s new transparency rules against Value-Added Tax (VAT) fraud have come into effect starting on January 1st, the European Commission has announced....
https://knews.kathimerini.com.cy/en/business/cyprus-grapples-with-lingering-private-debt-woes
In Cyprus, the European Commission consistently highlights the significant economic challenge of private debt through regular post-program or post-memorandum reports....
https://knews.kathimerini.com.cy/en/news/european-commission-disburses-funds-to-six-member-states
The European Commission disbursed payments to six Member States Thursday, under the Recovery and Resilience Facility (RRF)....
https://knews.kathimerini.com.cy/en/news/t-c-leader-faces-bribery-scandal-involving-former-turkish-vp
Reports and a leaked audio document are causing a stir in the Turkish Cypriot community, suggesting that Fuat Oktay, former Turkish vice-president handling the Cyprus file for Ankara, received a $50 million bribe from the late...
https://knews.kathimerini.com.cy/en/news/ec-allocates-recovery-funds-to-six-member-states
The European Commission disbursed payments to six Member States on Thursday, marking a milestone in the implementation of the Recovery and Resilience Facility (RRF). ...
https://knews.kathimerini.com.cy/en/business/landlords-urged-to-be-reasonable-when-pricing-rentals
Marinos Keynegirou, the president of the Real Estate Registration Council, warns of escalating prices and dwindling demand in the real estate market's fourth quarter....
https://knews.kathimerini.com.cy/en/news/navigating-the-festive-frenzy
The government is grappling with significant challenges in managing and addressing the housing needs of its building stock....
https://knews.kathimerini.com.cy/en/news/the-big-decision-minister-s-plan-for-wage-boost
In a recent Labour Advisory Body session, Minister Yiannis Panayiotou remained tight-lipped about the upcoming announcement on the national minimum wage....
