https://knews.kathimerini.com.cy/en/news/president-faces-calls-to-repay-thousands-of-euros-after-ag-audit
In a new report, Cyprus Auditor General Odysseus Michaelides has intensified the conflict with President Nicos Christodoulides. ...
https://knews.kathimerini.com.cy/en/news/us-and-sweden-catapult-global-security-with-new-deal
In a pivotal move solidifying transatlantic cooperation, the United States and Sweden formally sealed a Defence Cooperation Agreement on Tuesday, as announced by the U.S. Department of State....
https://knews.kathimerini.com.cy/en/news/critical-battle-looms-as-parliament-debates-foreclosure-legislation
Background consultations are in progress to prepare amendments to the legislative package on divestments, set for submission to the Parliament Plenary on Friday for a vote....
https://knews.kathimerini.com.cy/en/news/questions-arise-over-€18-5m-purchase-for-foreign-ministry-relocation
Members of the Finance Committee in the Parliament have raised questions about the proposed release of 18.5 million euros for the purchase of the former Laiki Bank building in Nicosia, intended as the temporary relocation site for the Ministry of Foreign Affairs. ...
https://knews.kathimerini.com.cy/en/news/cyprus-u-s-relations-soar-to-historic-highs-as-president-pledges-economic-cooperation
President Nikos Christodoulides emphasized the government's commitment to strengthening economic ties, trade, and investment with the United States during the AmCHAM Cyprus Thanksgiving Gala Dinner in Nicosia. ...
https://knews.kathimerini.com.cy/en/news/new-police-app-set-to-crack-down-on-unpaid-traffic-fines
In an upcoming move, a police app designed to pinpoint drivers reported by traffic cameras for unpaid fines is set to launch....
https://knews.kathimerini.com.cy/en/news/kedipes-introduces-rent-to-own-scheme-for-vulnerable-households
Starting December 4, the government, in collaboration with KEDIPES, opens applications for the innovative "rent for hire-purchase" scheme. This initiative aims to fully settle loans secured on the main residences of vulnerable households, offering a lifeline to those facing financial challenges....
https://knews.kathimerini.com.cy/en/news/serbia-s-deal-with-cyprus-strengthens-air-force
In a move to enhance its air force capabilities, Serbia has acquired eleven Russian-made Mi-35 military helicopters from Cyprus, solidifying its position as a key player in the regional military landscape....
https://knews.kathimerini.com.cy/en/business/major-players-unveil-ambitious-plans-for-shopping-malls-in-limassol
After Nicosia, the competition among shopping centers is shifting to the market in Limassol. The focus of the two strong players in the capital, Nicosia Mall (owned by Zorpa Group, PHC Group, Athienitis Group, and VLM Group) and Atterbury Europe (Mall of Cyprus), is set on their next investments in Limassol....
https://knews.kathimerini.com.cy/en/news/tunnels-under-al-shifa-hospital-built-by-israel-says-former-pm
In a recent CNN interview, former Israeli Prime Minister Ehud Barak made a startling revelation, acknowledging that Israel had played a role in constructing bunkers beneath Gaza's Al-Shifa Hospital several decades ago. ...
https://knews.kathimerini.com.cy/en/news/mayors-take-on-eco-warriors-in-akamas-showdown
In a heated dispute, the municipalities of Polis Chrysochous and Pegeia are vehemently protesting against the interference of various environmental organizations....
https://knews.kathimerini.com.cy/en/news/cyprus-advances-humanitarian-corridor-to-gaza-seeks-israeli-collaboration
The Republic of Cyprus remains committed to establishing a maritime humanitarian corridor for delivering aid to Gaza, according to Foreign Affairs Minister Constantinos Kombos....
https://knews.kathimerini.com.cy/en/news/a-tree-mendous-extravaganza-as-fresh-christmas-trees-now-up-for-grabs
The Forestry Department, under the Ministry of Agriculture, Rural Development, and the Environment, joyfully announces the availability of Christmas trees for sale to the public! Starting from Monday, November 27, until Friday, December 17, you can bring the holiday spirit home by purchasing your Christmas tree at various enchanting sales centers across Cyprus....
https://knews.kathimerini.com.cy/en/news/house-plenary-votes-on-teleworking-bill-what-s-at-stake
In a decisive move, the House plenary convened this afternoon to cast their votes on a groundbreaking teleworking bill, aiming to establish a robust framework for regulating working conditions in the evolving landscape of remote employment....
https://knews.kathimerini.com.cy/en/news/cyprus-eyes-$1-22-billion-for-electric-cars
Cyprus is set to undergo a transformative phase with its revised Recovery and Resilience Plan, valued at $1.22 billion....
https://knews.kathimerini.com.cy/en/business/russian-tycoons-secure-bargains-as-multinationals-retreat
In the post-Ukraine war era, a unique trend is shaping Russia's business landscape. Big Western players like McDonald's, Ball Corp., and Henkel AG made a swift exit, leaving behind a $21 billion void. Enter a new generation of Russian business leaders, seizing opportunities amidst the multinational exodus....
https://knews.kathimerini.com.cy/en/news/cyprus-challenge-to-open-gaza-s-maritime-path
Cyprus' proposal for a maritime humanitarian corridor to Gaza is gaining momentum in European discussions. However, practical challenges tied to the port situation in the besieged Palestinian area have kept the effort in a preliminary stage....
https://knews.kathimerini.com.cy/en/news/photovoltaics-for-all-scheme-launches-€30m-fund
The public will be able to start submitting applications on January 2024 for a scheme to install photovoltaics, dubbed "Photovoltaics for All", with a budget of €30 million, which is expected to correspond to 6,000 applications....
https://knews.kathimerini.com.cy/en/news/ministries-unite-to-transform-halloumi-industry
There is a need for order, mainly regarding the conduct of inspections but also other issues related to the production and distribution of halloumi cheese, the Ministry of Commerce and the Ministry of Agriculture are trying, with George Papanastasiou and Petros Xenofontos agreeing that the management of all issues concerning the product, should be transferred to one and only ministry. And this was deemed necessary, since halloumi is now a protected designation of origin....
https://knews.kathimerini.com.cy/en/news/why-astrobank-and-cdb-bank-couldn-t-agree-on-a-price
The deal between Astrobank and CDB Bank fell apart over a few million euros, even though they had given a "reason" and had agreed on the price in September 2023....
https://knews.kathimerini.com.cy/en/news/would-you-let-elon-musk-drill-into-your-brain
Elon Musk’s chip implant company Neuralink is looking for its first volunteer who is willing to have a piece of their skull removed so that a robotic surgeon can insert thin wires and electrodes into their brain....
https://knews.kathimerini.com.cy/en/business/how-kotsovolos-fits-into-ppc-s-master-plan
The acquisition of "Kotsovolos" propels PPC's transformation into an integrated provider of products and services, reshaping the retail electricity market. By securing "Kotsovolos," PPC gains the means to offer a comprehensive range of services, from electricity and natural gas to cutting-edge energy solutions....
https://knews.kathimerini.com.cy/en/business/ppc-becomes-new-owner-of-kotsovolos-in-€200-million-deal
In a significant development, PPC, the Greek energy company, has emerged as the new owner of the popular retail brand "Kotsovolos." This transition was facilitated through a deal with the British group Currys, valuing the acquisition at €200 million, entirely free from loans and lease obligations....
https://knews.kathimerini.com.cy/en/news/coroner-s-crucial-role-in-thanasis-case-sparks-intense-legal-debate
The new judge overseeing the case, following approval of the family's request to replace the previous judge, expressed a commitment to expediting the death interrogation of Thanasis Nikolaou....
https://knews.kathimerini.com.cy/en/news/president-engages-european-commission-on-gaza-corridor-proposal
Nicosia's consultations regarding the proposal for a humanitarian corridor from Cyprus to Gaza are at an advanced stage, President Nikos Christodoulides said Monday announcing that tomorrow he will also have contact with the President of the European Commission on the matter....
https://knews.kathimerini.com.cy/en/news/labour-minister-discusses-pension-relief-proposal-on-spor-fm
Greek Minister of Labour Yannis Panagiotou addressed the proposal to exempt the basic pension from the actuarial reduction of 12% for employees with 40 years of contributions during an interview with SPOR FM and the show Diaspora News....
https://knews.kathimerini.com.cy/en/news/full-basic-pension-exempted-from-actuarial-reduction
The Minister of Labor, Yiannis Panayiotou, presented a proposal at the Social Insurance Council meeting, exempting the full basic pension from a 12% actuarial reduction for employees with 40 years of contributions. This proposal aims to relieve actuarial reductions for early pensions.
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https://knews.kathimerini.com.cy/en/news/government-s-fuel-tax-reduction-faces-24-hour-delay
The government's plan to reduce the consumption tax on fuel is encountering a significant delay, postponing the expected relief for consumers....
https://knews.kathimerini.com.cy/en/news/austria-allocates-€33m-for-wrongly-convicted-gay-men
A historic proposal by the Austrian Ministry of Justice sees €33m set aside to compensate those who were wrongly convicted - but critics say the amount on offer is not enough....
https://knews.kathimerini.com.cy/en/news/property-sales-surge-to-15-year-high-due-to-foreign-buyers
Residential property sales in Cyprus hit a 15-year record high in the second quarter of 2023, with significant increases in prices, according to data released by the Central Bank of Cyprus....
