https://knews.kathimerini.com.cy/en/news/vat-challenges-for-electronic-money-institutions
In the digital age, Electronic Money Institutions (EMIs) have become an integral part of the financial ecosystem, offering a range of services that facilitate digital transactions....
https://knews.kathimerini.com.cy/en/news/former-volunteer-commissioner-s-forged-letter-of-recommendation-in-court
In the latest chapter of what could rival any courtroom drama, the trial of former Volunteer Commissioner Yiannis Giannakis took an unexpected turn today, with a forgery scandal adding fuel to an already intense legal battle. ...
https://knews.kathimerini.com.cy/en/business/cyprus-kicks-off-2025-with-tourism-boom-as-revenues-jump-53-in-january
Tourism in Cyprus is off to a flying start in 2025, with January’s revenue soaring to €69.2 million, a 53.1% jump compared to the same month last year, according to the latest figures from the Statistical Service’s Traveler Survey....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-uncertainty-as-trump-s-tariffs-target-global-trade
In a dramatic move that has sent shockwaves through global trade, US President Donald Trump has imposed hefty tariffs on imports from several key countries, ...
https://knews.kathimerini.com.cy/en/news/audit-exposes-gaps-in-health-ministry-s-grant-and-payment-systems
In a recent audit by the Auditor General on the Ministry of Health's activities for 2022 and 2023, a number of financial discrepancies and issues have come to light, particularly in the way grants were distributed and payments were handled. ...
https://knews.kathimerini.com.cy/en/news/reduced-vat-on-electricity-bills-begins-tomorrow
A reduction in VAT on electricity bills will take effect tomorrow, bringing relief to consumers, especially vulnerable households. The VAT on electricity will drop from 19% to 9%, meaning savings for many households across the island....
https://knews.kathimerini.com.cy/en/business/eurobank-s-€1-3b-move-creates-cyprus-largest-bank
Eurobank Group’s €1.3 billion investment in Hellenic Bank is set to reshape Cyprus' banking landscape, creating the country’s largest financial institution with total assets of €27.5 billion....
https://knews.kathimerini.com.cy/en/business/aegean-reports-strong-2024-results-with-record-revenue-and-passenger-growth
AEGEAN announces its operating and financial results for fiscal year 2024....
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/who-s-really-raking-it-in-a-peek-at-cyprus-government-salaries
The latest update from the General Accounting Office of the Republic has revealed the salaries of Cyprus’s state officials, effective from January 1, 2025....
https://knews.kathimerini.com.cy/en/business/vasilikos-project-needs-another-€200-million—will-it-ever-be-finished
The ambitious Vasilikos gas terminal project in Cyprus is facing significant financial and logistical hurdles, with an additional €200 million needed to complete construction. ...
https://knews.kathimerini.com.cy/en/business/global-fintech-investment-falls-to-seven-year-low-of-$95-6-billion-in-2024-but-uptick-in-q4-24-is-a-sign-of-cautious-optimism-says-kpmg-s-pulse-of-fintech-h2-24
2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....
https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-in-female-enrollment-for-master-s-and-doctorate-programs
In a groundbreaking achievement, Cyprus has been recognized for having the largest share of women pursuing master's studies in 2022 among all EU member states, according to the latest data from Eurostat, the European Union’s statistical service....
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/73-year-old-woman-and-daughter-lead-family-run-sex-trafficking-ring-in-athens
In a dramatic operation earlier this week, Greek police, in collaboration with NGOs OUR RESCUE and A21, dismantled a large sex trafficking ring allegedly run by a 73-year-old woman, known only as ''Marina,''...
https://knews.kathimerini.com.cy/en/news/women-in-cyprus-inch-toward-equality-in-science
The number of women working in science across the European Union has been on the rise....
https://knews.kathimerini.com.cy/en/business/millions-spent-little-progress-how-government-failures-derailed-the-paphos-polis-road-project
The Paphos-Polis Chrysochous road project has become a financial and legal mess, with millions already spent but little to show for it. Delays, contract disputes, and a legal loophole are holding up the project’s completion,...
https://knews.kathimerini.com.cy/en/business/superhome-center-sold-to-greek-company-for-€94-million
The sale of Superhome Center to Vasilitsi DIY for €94 million has been approved by the Board of Directors of Ermes Department Stores Plc....
https://knews.kathimerini.com.cy/en/news/data-center-emissions-skyrocket-662-beyond-what-they-claim
A analysis by The Guardian reveals that the actual greenhouse gas emissions from Google, Microsoft, Meta, and Apple’s data centers may be 7.6 times higher than what these companies officially report....
https://knews.kathimerini.com.cy/en/business/cyprus-airports-hit-record-breaking-passenger-traffic-in-2024
Passenger traffic at Larnaca and Paphos airports hit an all-time high in 2024, marking a milestone for Cyprus’ travel sector, according to the Ministry of Transport, Communications and Works....
https://knews.kathimerini.com.cy/en/comment/opinion/no-prisoner-escapes-today-but-plenty-of-political-drama
We begin today’s column with breaking news: today, we haven’t had a single prisoner escape. Of course, it’s still morning, so we don’t know how the day will unfold....
https://knews.kathimerini.com.cy/en/news/government-launches-mortgage-subsidy-to-ease-inflation-s-grip
The government of Cyprus is stepping up to help homeowners struggling with rising interest rates and inflation....
https://knews.kathimerini.com.cy/en/news/approximately-12-investigations-underway-by-the-independent-authority-against-corruption
Transparency Commissioner Harris Pogiatzis revealed that around 12 investigations by the Independent Authority Against Corruption are currently in progress, with results expected to be announced soon....
https://knews.kathimerini.com.cy/en/business/ai-in-finance-embrace-the-future-or-be-left-behind
Technology is changing how we do everything, and finance is no different. ...
https://knews.kathimerini.com.cy/en/news/1-half-of-citizens-and-businesses-targeted-by-cybercriminals-in-2024
In a startling revelation, a recent survey by the Digital Security Authority has found that one in two people in Cyprus fell victim to a cyber attack in 2024....
https://knews.kathimerini.com.cy/en/news/danish-farmers-to-pay-tax-on-livestock-farts-and-burps
Denmark is making headlines with a groundbreaking new tax: a belch and manure tax....
https://knews.kathimerini.com.cy/en/news/new-rules-could-see-avax-take-over-paphos–polis-road-project
The government is stepping up efforts to strengthen the framework for public works contracts following the unfortunate cancellation of the Paphos–Polis Chrysochous road project....
https://knews.kathimerini.com.cy/en/business/primary-residence-and-the-benefit-of-5-reduced-vat-rate
Nowadays having your own permanent residence is a must, however the cost for the acquisition or construction of a house/apartment has significantly increased in the last few years....
https://knews.kathimerini.com.cy/en/news/russian-software-company-offers-job-to-7-year-old-programming-prodigy
A seven-year-old boy from St. Petersburg has captured the attention of the tech world, earning an offer for a management role at a Russian software company—once he’s old enough to work legally....
https://knews.kathimerini.com.cy/en/business/ft-how-oil-and-gas-companies-hide-methane-emissions-threatening-climate-goals
Methane, a potent greenhouse gas, is quietly driving climate change while remaining hidden from view. The oil and gas industry is among the largest contributors to this problem, with companies using various methods to obscure the true scale of their emissions. Here's what you need to know....
