https://knews.kathimerini.com.cy/en/business/von-der-leyen-made-in-europe-is-necessary-but-not-a-blank-cheque
The President of the European Commission, Ursula von der Leyen, defended the strategy of “European preference” (“Made in Europe”) before the plenary session of the European Parliament, stressing that strengthening Europe’s industrial base is a crucial tool for boosting the Union’s competitiveness....
https://knews.kathimerini.com.cy/en/news/new-generators-for-dhekelia-now-expected-in-2030
Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....
https://knews.kathimerini.com.cy/en/news/eu-infringement-package-flags-cyprus-for-delays-across-food-finance-and-energy-rules
The European Commission’s January infringements package has placed Cyprus under renewed scrutiny, with the country cited in a broad range of cases for failing to fully transpose or notify European Union legislation....
https://knews.kathimerini.com.cy/en/business/limassol-cracks-down-on-foreign-run-shops
Authorities in Limassol are stepping up inspections of barbershops and small businesses run by foreigners, following a wave of complaints and arrests, officials said Tuesday....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-2026-what-changed-and-what-stayed-the-same
On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....
https://knews.kathimerini.com.cy/en/business/cyprus-and-vietnam-sign-deal-to-cut-tax-barriers-and-boost-business
Cyprus and Vietnam took a fresh step toward closer economic ties on Monday with the signing of an agreement aimed at avoiding double taxation and preventing tax evasion, a move both sides say will make doing business between the two countries easier and more predictable....
https://knews.kathimerini.com.cy/en/business/tax-audits-bring-in-nearly-€30-million-as-mps-press-for-tougher-checks
Cyprus’ Tax Department says it pulled in almost €30 million over the past two years after stepping up audits on companies flagged as high-risk, according to testimony before the Parliamentary Audit Committee on Friday....
https://knews.kathimerini.com.cy/en/news/€50-million-could-flow-to-consumers-as-cyprus-moves-to-tax-renewable-energy-giants
Cyprus is considering a controversial move to tax unexpected profits from private renewable energy companies, a measure aimed at funneling millions into programs that could ease the burden on consumers....
https://knews.kathimerini.com.cy/en/comment/opinion/the-foundations-of-a-just-tax-reform
There was a time when taxation meant more than the simple collection of revenue. It signified the bond between citizen and state, the collective commitment to common prosperity, the proper ordering of obligations among those living together in a political society....
https://knews.kathimerini.com.cy/en/business/keravnos-takes-gratuity-tax-exemption-proposal-to-cabinet-opposes-one-size-calculation
Finance Minister Makis Keravnos on Wednesday signaled support for a proposal to exempt from taxation a 15% gratuity granted to officials, but said the measure still requires Cabinet approval....
https://knews.kathimerini.com.cy/en/news/ey-announces-the-appointment-of-4-new-partners-in-cyprus
EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of four new partners:...
https://knews.kathimerini.com.cy/en/business/new-leadership-appointments-at-k-treppides-co-ltd
The Management of K. Treppides & Co Ltd is thrilled to announce the appointment of new leaders to our Board of Directors and Board of Management, effective from 1 March 2025. This highlights our commitment to fostering excellence and promoting talent from within our ranks....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-bold-overhaul-aims-to-boost-economy-but-sparks-debate
Cyprus is preparing to implement its first major tax reform in over two decades, aiming to modernize the tax system, boost competitiveness, and align with international standards....
https://knews.kathimerini.com.cy/en/news/calls-for-action-against-energy-poverty-amid-tragic-deaths
Political parties are urging immediate action against energy poverty following a series of fatal fires caused by unsafe heating conditions....
https://knews.kathimerini.com.cy/en/news/illegal-tobacco-stash-found-in-daycare-nursery
Authorities in Cyprus have made a series of eyebrow-raising discoveries in recent days, seizing large quantities of untaxed tobacco—one of which was found in an unexpected and highly unusual location: a daycare nursery....
https://knews.kathimerini.com.cy/en/comment/opinion/the-bizonal-myth-reuniting-cyprus-by-keeping-it-apart
Nearly half a century since the term ''Bizonal Bicommunal Federation'' entered the political discourse in Cyprus, no political party or government has ever explained to the public what this term truly means....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-greece-market-overview-2023-2024-and-projections-for-2025-and-beyond
The market underwent significant changes from mid-2023 onwards due to several global and regional factors....
https://knews.kathimerini.com.cy/en/news/banks-under-fire-how-public-pressure-forced-a-shake-up
Over the past decade, Cypriot banks have paid over €500 million to the state through a special levy known as the ''double tax.''...
https://knews.kathimerini.com.cy/en/news/cyprus-mps-vote-on-major-bills-including-tax-hikes-and-baby-bonuses
The Cyprus Parliament was busy on Thursday, voting on a series of important bills that could reshape the island's economic landscape and support families....
https://knews.kathimerini.com.cy/en/business/cyprus-and-oman-sign-double-taxation-deal-to-boost-trade-and-investment
The Republic of Cyprus and the Sultanate of Oman have signed a new agreement aimed at avoiding double taxation and preventing tax evasion....
https://knews.kathimerini.com.cy/en/comment/opinion/the-dust-has-yet-to-settle-in-syria
Many Syrian parents at my child’s school expressed a desire to return home now that Bashar al-Assad’s regime has collapsed. I urged them to wait. ...
https://knews.kathimerini.com.cy/en/news/debate-intensifies-over-proposed-5-tax-on-bank-profits-in-cyprus
According to a report by Panayiotis Rougalas in today's 'Oikonomiki', a controversial proposal to introduce a 5% tax on bank profits in Cyprus is racing against time to be debated in Parliament before the Christmas recess....
https://knews.kathimerini.com.cy/en/news/cyprus-secures-€115-million-in-second-payment-under-eu-recovery-plan
Cyprus has received its second payment under the EU's Recovery and Resilience Facility (RRF), with €115 million granted after successfully fulfilling 37 out of 38 agreed milestones....
https://knews.kathimerini.com.cy/en/news/cyprus-seeks-to-amend-recovery-plan-amid-project-struggles
The Cyprus Recovery and Resilience Plan Directorate is currently working with the European Commission to make amendments to the Recovery and Resilience Plan. ...
https://knews.kathimerini.com.cy/en/news/bank-profits-in-crosshairs-as-tax-talks-heat-up
The future of a special tax on bank deposits paid to the state may be heading for a shift, though a final decision is not guaranteed. ...
https://knews.kathimerini.com.cy/en/news/eu-takes-cyprus-to-court-over-tax-law-delays
The European Commission has referred Cyprus, along with Spain, Poland, and Portugal, to the European Court of Justice for failing to implement the 2022 directive on a global minimum level of taxation for multinational corporations and large companies (Pillar 2 directive)....
https://knews.kathimerini.com.cy/en/business/cyprus-and-netherlands-finalize-double-taxation-treaty-for-curacao
Cyprus and the Netherlands have successfully concluded negotiations on a Double Taxation Treaty concerning Curacao, a Caribbean island that is part of the Kingdom of the Netherlands....
https://knews.kathimerini.com.cy/en/comment/opinion/greece-and-the-ferry-tale-nightmare
The ferry boat situation in Greece is rapidly becoming an unfortunate stain on the very fabric of the country. As someone who not only vacations in Greece, I also own, operate, and conduct business there in the tourism sector....
https://knews.kathimerini.com.cy/en/news/ecb-concerned-over-cypriot-bank-profit-tax-proposal
In 2023, Cypriot banks reported unprecedented profits, marking a 15-year high, with projections suggesting even greater earnings in 2024....
https://knews.kathimerini.com.cy/en/news/archimandrite-nektarios-arrested-in-avvakoum-monastery-probe
Police arrested 37-year-old Archimandrite Nektarios on Tuesday in connection with a financial scandal at the Holy Monastery of Saint Avvakoum in Fterikoudi....
