https://knews.kathimerini.com.cy/en/news/eu-champions-ocean-health-with-$3-71-billion-investment
The European Union will spend 3.5 billion euros ($3.71 billion) to protect the ocean and promote sustainability through a series of initiatives this year, the EU’s top environment official said on Tuesday.
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https://knews.kathimerini.com.cy/en/business/what-economic-headlines-are-making-waves-this-week
Amidst a backdrop of economic shifts and global challenges, a series of key developments are shaping the financial landscape. ...
https://knews.kathimerini.com.cy/en/news/cyprus-launches-crucial-tax-reform-study-president-says
A study on the level of chargeable income tax is in progress, as part of the wider effort over a tax reform in Cyprus, President Christodoulides said on Thursday afternoon....
https://knews.kathimerini.com.cy/en/news/politico-greek-companies-under-scrutiny-in-eu-fund-fraud-probe
Greek authorities, alongside the European Public Prosecutor’s Office (EPPO), are delving into allegations of fraud concerning the allocation of €2.5 billion in EU funds to just 10 companies in Greece.
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https://knews.kathimerini.com.cy/en/news/cyprus-fire-service-policy-sparks-concerns-among-lawmakers
The recent implementation of a new policy by the Fire Service of Cyprus regarding premises control has ignited discussions within the Parliamentary Committee on Energy, Commerce, Industry, and Tourism. ...
https://knews.kathimerini.com.cy/en/news/cbc-governor-faces-toughest-banking-challenges-yet
A new dawn breaks with the appointment of Mr. Christodoulos Patsalides as the Central Bank of Cyprus's new governor, heralding both promise and challenge....
https://knews.kathimerini.com.cy/en/news/deloitte-reveals-steady-surge-in-cyprus-real-estate-transactions
Deloitte issued the Cyprus Real Estate Review, which presents an in-depth analysis of the real estate market in 2023....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-hails-financial-progress-with-new-cbc-governor
The appointment ceremony for the new governor of the Central Bank of Cyprus, Mr. Christodoulos Patsalides, occurred this morning at the Presidential Palace, with the President of the Republic, Mr. Nikos Christodoulides, in attendance....
https://knews.kathimerini.com.cy/en/news/thousands-of-students-whereabouts-unknown-in-occupied-territories
An investigation conducted by a parliamentary committee in the occupied territories has unveiled a concerning reality: between 4,000 to 10,000 individuals with student status remain unaccounted for, as reported by the "immigration department."...
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/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/eu-reform-proposals-spark-concern-among-small-states
Germany and France are pushing for significant reforms within the European Union, including the abolition of unanimous decision-making and a reduction in the number of Commissioners....
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/business/audit-uncovers-mismanagement-in-cyprus-public-health-system
In a damning revelation, Auditor General Odysseas Michaelides unveiled alarming mismanagement within Cyprus' public health sector, particularly in its flagship National Health System (GESY). ...
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.
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https://knews.kathimerini.com.cy/en/comment/opinion/christodoulides-public-perception-and-expectation
"The mistakes weren't made in policies; they were made in behaviors and choices, and those were corrected immediately," said the President of the Republic in response to a question posed by colleague Stavros Kyprianou, during a televised interview....
https://knews.kathimerini.com.cy/en/news/president-s-fireside-chat-with-chosen-few-unveils-triumphs-and-controversy
In an interchannel interview held to evaluate the first year in office, President of the Republic Nikos Christodoulides commenced proceedings a few minutes after 20:30. ...
https://knews.kathimerini.com.cy/en/news/president-christodoulides-candid-year-one-address
In a televised address marking the completion of his first year in office, President Nikos Christodoulides highlighted the achievements and priorities of his administration. Emphasizing transparency and accountability, the President outlined the following key areas of focus:...
https://knews.kathimerini.com.cy/en/news/central-bank-predicts-2-2-gdp-growth-in-2023
The Central Bank of Cyprus (CBC) expects GDP growth of 2.2% in 2023, compared to significant growth of 5.1% in 2022, while for the years 2024-26 it expects GDP growth of 2.6%, 3.1% and 3.2%, respectively....
https://knews.kathimerini.com.cy/en/business/february-newsletter-of-k-treppides-co-ltd-european-banking-authority
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. A newsletter issue from Treppides is an essential tool for those who are engaged in the broader financial and business sector, as one can find through the pages all the important and current developments, as well as the latest news relating to financial, audit and assurance, tax as well as legal services....
https://knews.kathimerini.com.cy/en/comment/opinion/will-anyone-be-held-accountable
Experts conduct studies, and we pay them for their work. However, the problem arises when these studies are manipulated to align with the interests of our friendly MPs....
https://knews.kathimerini.com.cy/en/news/norwegian-lng-fueling-india-s-energy-future-starting-2026
In a strategic move echoing India's green ambitions, Deepak Fertilisers has joined forces with Norwegian giant Equinor to secure a 15-year supply of liquefied natural gas (LNG)....
https://knews.kathimerini.com.cy/en/news/government-reveals-setbacks-in-local-governance-overhaul
The Cypriot government admits to deficiencies in its largest administrative overhaul since the Republic's inception, just four months before its official launch....
https://knews.kathimerini.com.cy/en/news/netherlands-tops-global-pension-charts
A recent analysis by the Mercer CFA Institute has identified European nations as leaders in global pension systems. The Netherlands secures the top spot in the rankings, with Iceland and Denmark following closely behind....
https://knews.kathimerini.com.cy/en/news/eu-unveils-stricter-fiscal-rules-for-member-states
The European Commission has introduced new fiscal rules aimed at promoting growth and financial discipline among member states. The framework, ...
https://knews.kathimerini.com.cy/en/news/surge-in-custody-escapes-sparks-government-response
Once again, the spotlight shines on the issue of escapes from police custody, ignited by the daring getaway of a 17-year-old from the Kokkinotrimithia......
https://knews.kathimerini.com.cy/en/news/lawmakers-debate-landmark-same-sex-marriage-bill
In an ironic twist, Greek lawmakers began a heated debate on Valentine's Day over a landmark bill proposing the legalization of same-sex marriage. If approved, Greece would become the first Orthodox Christian country to legalize such unions....
https://knews.kathimerini.com.cy/en/news/government-to-receive-€1-2b-for-green-transition-and-resilience-plan
Cyprus is set to receive a total of 1.2 billion euros from the Recovery and Resilience Plan (RRP). ...
https://knews.kathimerini.com.cy/en/news/fallout-from-boeing-737-max-9-door-panel-incident-bolts-missing
A door panel detachment from a Boeing 737 MAX 9 jet mid-flight on January 5 has raised significant safety alarms, with a preliminary report from U.S. investigators shedding light on the concerning incident.
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https://knews.kathimerini.com.cy/en/news/cyprus-secures-€20-9-million-boost-from-eu-s-recovery-fund
In a significant development, the European Commission announced a pre-financing injection of €20.9 million for Cyprus from the Recovery and Resilience Mechanism,...
