https://knews.kathimerini.com.cy/en/news/new-garbage-tax-could-mean-higher-costs-for-citizens
Cypriot citizens may soon face higher waste disposal costs as a new bill proposes an additional municipal waste landfill tax, adding financial pressure on households already grappling with rising living expenses....
https://knews.kathimerini.com.cy/en/news/€8-million-and-counting-as-crete-cyprus-interconnector-delays-pile-up
The long-awaited electricity interconnection between Crete and Cyprus is facing mounting financial pressure, with delays already adding at least €8 million in extra costs....
https://knews.kathimerini.com.cy/en/news/trump-seeks-approval-for-$1-billion-arms-sale-to-israel
The Trump administration has formally asked Congress to approve a $1 billion arms package for Israel, including thousands of bombs and heavy-duty engineering equipment, according to a report by The Wall Street Journal on Monday....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-vs-bureaucracy-can-the-red-tape-finally-be-cut
For years, bureaucracy has been a major roadblock for businesses in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/christodoulides-unveils-ambitious-plans-in-state-of-the-union-address
President Nicos Christodoulides has outlined a sweeping reform plan for 2025, aiming to enhance governance, strengthen security, and accelerate digital transformation. ...
https://knews.kathimerini.com.cy/en/news/paphos-crematorium-plans-go-up-in-smoke
The construction of Cyprus’ first crematorium, planned for the Paphos region, has been pushed back to 2026....
https://knews.kathimerini.com.cy/en/news/paphos-eoa-demands-demolition-of-illegal-latchi-tourist-complex
The Paphos Provincial Self-Government Organization (EOA) has filed a lawsuit to stop illegal construction at a tourist apartment complex in Latchi....
https://knews.kathimerini.com.cy/en/news/illegal-construction-in-latchi-sparks-legal-battle
A brewing scandal in Latchi has exposed significant irregularities in the construction of a tourism project, placing local authorities and developers under scrutiny. ...
https://knews.kathimerini.com.cy/en/news/100-tax-on-foreign-buyers-in-spain
Spain’s Prime Minister Pedro Sanchez has proposed bold measures to address the country’s housing crisis, including a 100% tax on homes purchased by non-EU foreigners....
https://knews.kathimerini.com.cy/en/comment/opinion/it-was-a-low-bar
The Housing Grant Scheme for young couples and individuals up to 41 years of age was launched on 31 October 2024, with a target of 400 beneficiary applications and a total budget of €15 million. ...
https://knews.kathimerini.com.cy/en/news/chaos-over-fine-notifications-website-operation-is-illegal
A barrage of criticism from MPs has been directed at the Police for "threatening citizens" with court referrals if they fail to pay fines from the photo-enforcement system by the end of March....
https://knews.kathimerini.com.cy/en/business/construction-permits-surge-in-2024-but-stumble-in-august-due-to-system-hiccups
Building activity in Cyprus showed strong momentum in the first eight months of 2024, with construction permits climbing 8.6% compared to the same period in 2023....
https://knews.kathimerini.com.cy/en/news/latchi-port-expansion-to-transform-polis-chrysochous
The long-anticipated expansion of Latchi Port, managed by the Cyprus Ports Authority, is once again gaining momentum. The project, considered a game-changer for Polis Chrysochous, promises to bring significant economic and social benefits to the region....
https://knews.kathimerini.com.cy/en/news/chaos-erupts-at-blinken-s-final-press-conference-over-gaza-ceasefire-deal
Secretary of State Antony Blinken's final press conference turned chaotic on Thursday when security forcibly removed two individuals who disrupted the event, accusing the U.S. government of complicity in the ongoing violence in Gaza. ...
https://knews.kathimerini.com.cy/en/business/eurobank-sells-€27m-stake-in-demetra-holdings
In a significant financial move, Eurobank announced the completion of the sale of its 8.58% stake in Demetra Holdings Plc to Logicom Services Limited. The deal, finalized on January 16, 2025, involved the sale of 17,152,353 shares at €1.55 per share, totaling approximately €27 million....
https://knews.kathimerini.com.cy/en/news/biden-and-trump-clash-over-credit-for-gaza-ceasefire-deal
After months of intense negotiations, a long-awaited ceasefire agreement in Gaza was finally achieved, but not without a little drama over who should take the credit. ...
https://knews.kathimerini.com.cy/en/news/israel-reaches-hostage-deal-amid-coalition-threats
In a dramatic turn of events, Israeli Prime Minister Benjamin Netanyahu’s office confirmed early this morning that an agreement has been reached to secure the release of hostages held in the Gaza Strip....
https://knews.kathimerini.com.cy/en/news/cabinet-greenlights-bold-bills-to-empower-breastfeeding-mothers
The Cabinet on Wednesday approved two Ministry of Health bills designed to revolutionize public and workplace support for breastfeeding in Cyprus....
https://knews.kathimerini.com.cy/en/business/president-s-banking-measures-spark-surge-in-first-home-loans
President Nikos Christodoulides' efforts to support citizens through new banking measures are beginning to yield results. Meetings held in December with the CEOs of Cyprus’ two major banks, Bank of Cyprus (BoC) and Hellenic Bank (HB), appear to have sparked a tangible interest in first-home mortgage schemes....
https://knews.kathimerini.com.cy/en/comment/opinion/2025-a-new-chapter-for-cyprus-s-property-market
2024 was both literally and figuratively a leap year. Metaphorically speaking, we anticipated this shift a year ago as we reflected on 2023 and made our predictions for the year ahead....
https://knews.kathimerini.com.cy/en/news/school-registrations-just-got-a-whole-lot-easier-in-cyprus
As a parent in Cyprus, I can tell you that dealing with school registrations has always felt like a necessary headache....
https://knews.kathimerini.com.cy/en/news/cyprus-biggest-corruption-cases-head-towards-a-verdict-in-2025
The Independent Anti-Corruption Authority is gearing up for a pivotal 2025, with several high-profile investigations nearing their conclusions....
https://knews.kathimerini.com.cy/en/news/caught-on-camera-new-website-lets-you-check-traffic-fines
Starting January 7, 2025, drivers in Cyprus will have a new, hassle-free way to check if they’ve been caught by traffic cameras. The Traffic Department, in collaboration with the system’s contractor, is rolling out a dedicated website that will allow citizens to search for pending fines online....
https://knews.kathimerini.com.cy/en/news/cyprus-talks-stalled-crossing-points-block-path-to-un-conference
Negotiations over the Cyprus issue are heating up, with both sides digging in ahead of a potential UN-led international conference in early 2025. ...
https://knews.kathimerini.com.cy/en/news/banks-announce-1-interest-rate-reduction
Following the parliamentary approval of the state budget and Tuesday’s meeting at the Presidential Palace with the CEOs of Bank of Cyprus and Hellenic Bank, Finance Minister Makis Keravnos appeared on RIK’s program Challenges on Wednesday evening....
https://knews.kathimerini.com.cy/en/news/former-greek-royals-ask-to-be-recognized-as-citizens
Members of the former Greek royal family are set to request the official recognition of their Greek citizenship on Thursday....
https://knews.kathimerini.com.cy/en/news/mps-set-to-vote-on-over-100-bills-today-including-5-tax-on-banks-and-car-recalls
In today's last plenary session before the Christmas holidays, Cypriot MPs will vote on over 100 bills and legislative proposals, with attention focusing on several high-profile issues....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-ceo-michalis-louis-on-merger-plans-and-cyprus-future
According to Kathimerini's Panayiotis Rougalas, Michalis Louis, in his first interview since becoming CEO of Hellenic Bank, discussed the challenges and opportunities ahead, especially in the context of the bank’s merger plans and its strategies for growth....
https://knews.kathimerini.com.cy/en/news/ft-eu-and-south-america-strike-historic-trade-deal-amid-controversy
The European Union and Mercosur, a bloc of four South American countries, have finalized a landmark trade deal after 25 years of negotiations. This agreement establishes a massive market of 700 million people, removing tariffs on over 90% of goods traded between the two regions....
https://knews.kathimerini.com.cy/en/news/shocking-allegations-in-avvakoum-monastery-scandal
Startling details have emerged in the damning decision of the Synod Court regarding three monks from the Avvakoum Monastery, including accusations of sexual misconduct. The monks have denied all charges, which are of a severe nature....
