https://knews.kathimerini.com.cy/en/news/finance-minister-warns-of-vat-consequences
With the deadlines long expired and the saga of amending the Value Added Tax Law to apply the reduced rate of 5% to specific residential square meters dragging on, Finance Minister Makis Keravnos sounds the alarm, emphasizing the palpable risk of Cyprus being taken to the European Court and fined....
https://knews.kathimerini.com.cy/en/news/finmin-underlines-the-importance-of-disciplined-policy
The contact circle with the banks has not been completed, and there will be a new one to adopt measures that will provide relief to borrowers regarding the increased interest rates....
https://knews.kathimerini.com.cy/en/news/racial-undertones-uncertain-in-ayia-napa-brutal-assault
A Turkish Cypriot woman, who was brutally assaulted over the weekend during an escalated altercation with Greek Cypriot men in Ayia Napa, says she is shocked but hopes there will be no worsening of relations between the two communities over the incident...
https://knews.kathimerini.com.cy/en/news/unresponsive-private-plane-flies-over-washington-dc-crashes
A wayward and unresponsive business plane that flew over the nation’s capital Sunday afternoon caused the military to scramble a fighter jet before the plane crashed in Virginia, officials said. The fighter jet caused a loud sonic boom that was heard across the capital region....
https://knews.kathimerini.com.cy/en/comment/opinion/striking-the-balance-between-tradition-and-tourism
The Flood Festival in Larnaca, Cyprus, stands as a shining example of how tradition and tourism can coexist and flourish together....
https://knews.kathimerini.com.cy/en/news/demolitions-underway-as-mykonos-businesses-tear-down-illegal-structures
Businesses on the island of Mykonos are in a race against time to demolish illegally constructed structures on their premises and avoid being shut down by authorities....
https://knews.kathimerini.com.cy/en/news/biden-whistleblower-hints-at-cypriot-help-in-run-off
Biden whistleblower Gal Luft appears to have resurfaced after going missing earlier this year in Cyprus, with a New York Post piece suggesting the Israeli professor who was in custody on a US arrant had escaped with help on the island...
https://knews.kathimerini.com.cy/en/news/taxpayer-funded-ferry-to-greece-begins-new-season
Ferry ship Daleela begins today its first voyage marking the new season’s maritime connection between Limassol and Piraeus, which has been welcomed by the Deputy Minister for Shipping, Marina Hadjimanolis and Limassol Mayor Nicos Nicolaides...
https://knews.kathimerini.com.cy/en/news/devastating-images-of-the-kathika-fire-destruction-and-aftermath
A fire broke out on Saturday in the Kathikas community, engulfing an area of approximately 30 hectares covered with forest vegetation. Distressing images captured by "K" reveal the aftermath of the blaze, presenting a desolate landscape....
https://knews.kathimerini.com.cy/en/news/nicosia-conceals-details-in-revived-us-visa-waiver-talks
Cypriot President Nikos Christodoulides suggested on Monday that ongoing efforts to secure a US visa waiver was an example of a 'new level of relations' between Nicosia and Washington, while providing little details on the process but adding that his government’s position on sanctions against Russia was 'in line' with American goals as outlined recently by the US Ambassador...
https://knews.kathimerini.com.cy/en/news/ec-challenges-5-vat-proposal-for-primary-residences
Finance Ministry Director-General George Pantelis informed the parliamentary Finance Committee that the European Commission disagrees with the consensual proposal agreed upon in Parliament regarding the imposition of a reduced VAT rate on the construction or acquisition of a primary residence....
https://knews.kathimerini.com.cy/en/news/eva-kaili-awaits-parliamentary-return-amid-corruption-probe
Greek MEP Eva Kaili, one the main suspects in a cash-for-influence corruption probe at the European Parliament, will seek to return to her parliamentary duties next week, her lawyer has said....
https://knews.kathimerini.com.cy/en/news/killer-whales-are-deliberately-hitting-and-sinking-boats
Researchers believe killer whales are deliberately hitting boats, causing some to sink, following a string of incidents off the southwestern tip of Europe....
https://knews.kathimerini.com.cy/en/news/25-irregular-migrants-return-home
Twenty-five third-country nationals who had been residing illegally in Cyprus departed for their home countries on Tuesday as part of a well-coordinated joint operation aimed at the forced return of irregular migrants, as announced by the police....
https://knews.kathimerini.com.cy/en/news/australian-citizens-collaborate-to-repatriate-cypriot-treasures
Thirty-six (36) Cypriot antiquities were successfully repatriated from Australia on May 20, thanks to the generous initiative of Australian citizens who voluntarily returned the antiquities in their possession to Cyprus....
https://knews.kathimerini.com.cy/en/news/the-hidden-ashtray-a-presidential-mishap
On Tuesday afternoon (23/05), the President of the Republic, Nicos Christodoulides, warmly welcomed former President Nicos Anastasiades....
https://knews.kathimerini.com.cy/en/business/eba-tightens-its-grip-in-response-to-sanctions
Following the uproar caused by the lists of sanctions issued by the US, UK, and European authorities, the European Banking Authority (EBA) is tightening its standards in response. ...
https://knews.kathimerini.com.cy/en/news/kyriakides-our-goal-now-medicines-for-all
"I have always envisioned a European Health Union, where the European Union would be intimately connected to every citizen regarding health matters....
https://knews.kathimerini.com.cy/en/news/turkey-s-illegal-navtex-sparks-outcry-as-cyprus-government-responds
The new Navtex issued by Turkey is illegal, Government Spokesperson Konstantinos Letymbiotis, told CNA on Monday, stressing that the national airspace, FIR and maritime area are the responsibility of the authorities of the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/young-boy-dies-in-apartment-pool-incident
A young boy was found dead in the swimming pool of an apartment complex in Paphos...
https://knews.kathimerini.com.cy/en/news/us-publishes-new-sanctions-list-with-cypriot-entities-raises-concerns
In a recent development, the United States released a new sanctions list on Friday (19/05), which includes the names of several Cypriot citizens and entities....
https://knews.kathimerini.com.cy/en/news/pigeon-drug-couriers-paphos-mayor-exposes-startling-phenomenon
Photographic evidence showcasing pigeons being exploited for drug transportation has been released by Phaidon Phaidonos. Expressing his dismay, the Mayor of Paphos took to Facebook, highlighting that those responsible are known, leading to the question of why no action has been taken....
https://knews.kathimerini.com.cy/en/news/christodoulides-i-am-not-here-to-cover-for-anyone
"I am not here to cover for anyone," President Nicos Christodoulides emphasized during discussions on the new sanctions lists from the UK and the US....
https://knews.kathimerini.com.cy/en/news/latest-sanctions-list-revealed-no-new-cypriot-names-so-far
The UK announced a new sanctions list on Friday (19/05), which has been made public. However, as of now, there are no Cypriot names included in the list....
https://knews.kathimerini.com.cy/en/business/cyprus-and-netherlands-seal-double-taxation-deal
Cyprus' Minister of Finance, Makis Keravnos, expressed his satisfaction for the conclusion of negotiations on a double taxation avoidance agreement with the Netherlands in a meeting Thursday with the Ambassador of the Netherlands in Cyprus, Elke Merks-Schaapveld, according to a press release by the Ministry of Finance....
https://knews.kathimerini.com.cy/en/news/cabinet-decides-to-take-away-jho-low-s-passport
The President’s Cabinet in the Republic of Cyprus decided on Thursday to revoke Jho Low’s Cypriot citizenship after gathering information from Interpol to argue against the Malaysian financier’s appeal to keep his citizenship...
https://knews.kathimerini.com.cy/en/comment/opinion/sanctions-have-exposed-our-hypocrisy
The initial wave of sanctions, enforced by the UK and the US against Cypriot entities (individuals, law firms, service companies) for facilitating transactions to those impacted by the sanctions imposed on Russia following the invasion of Ukraine,...
https://knews.kathimerini.com.cy/en/news/doctor-arrested-for-unauthorized-medical-procedures
A 62-year-old doctor was apprehended upon his arrival at Larnaca Airport under a court warrant for conducting medical procedures outside the GESY system. ...
https://knews.kathimerini.com.cy/en/business/cyprus-banks-strict-adherence-to-sanctions-worries-legitimate-entities
Banks have become cautious regarding sanctions imposed by the USA, EU, and UK, and they are not willing to take any risk in serving individuals or entities in Cyprus who are subject to sanctions....
https://knews.kathimerini.com.cy/en/business/boc-chief-urges-sanctioned-entities-to-seek-exemptions-themselves
The CEO of the Bank of Cyprus, Panicos Nicolaou, expressed the view that individuals and entities subject to sanctions should seek exemption from international authorities in order for banks to allow payments from frozen accounts to business entities....
