https://knews.kathimerini.com.cy/en/comment/opinion/here-comes-the-digital-euro
The digital euro is set to be a new form of digital currency from the European Central Bank. It will aim to provide a secure, fast and efficient method of payment in the European Union and will be based on a distributed ledger technology,...
https://knews.kathimerini.com.cy/en/business/employers-and-trade-unions-clash-over-cola-index-proposal
Today, Wednesday, May 3rd, employers will have a meeting regarding the Cost of Living Adjustment (CoLA) index, and on Thursday, May 4th, the trade unions will have theirs....
https://knews.kathimerini.com.cy/en/news/banks-announce-measures-on-interest-rates
Since July 2022, lending rates in Cyprus have risen by 3.5%, putting borrowers in a difficult position with dangerously increasing loan repayments....
https://knews.kathimerini.com.cy/en/news/decline-in-asylum-approvals-in-cyprus-in-2022
According to data from Eurostat, the statistical service of the EU, EU countries granted protection status to 384,245 asylum seekers in 2022, up 40% from the previous year. However, in Cyprus, there was a significant decrease in protection status, with only 580 cases being granted (compared to 2,305 in 2021)....
https://knews.kathimerini.com.cy/en/business/jazeera-airways-adds-larnaka-to-its-european-destinations
Jazeera Airways, a low-cost carrier based in Kuwait, has recently added Larnaka to its network of new European destinations for the 2023 summer season and flights were launched end of April....
https://knews.kathimerini.com.cy/en/news/more-details-and-questions-emerge-in-disappearance-case
New developments and more questions emerged on Tuesday in the disappearance of a Limassol man after police re-arrested the main suspect hours before his remand expired, with reports saying the judge heard about new incriminating statements from other jailed suspects...
https://knews.kathimerini.com.cy/en/news/police-build-disappearance-case-but-no-breakthrough
The disappearance of a Limassol man said to be implicated in a convoluted cryptocurrency case continues to baffle Cypriot authorities, following additional arrests and search parties expected to continue after an unsuccessful holiday weekend...
https://knews.kathimerini.com.cy/en/news/media-outlets-jump-gun-on-russian-fire-in-cyprus
A fire department representative in Cyprus says speculation about a possible discarded cigarette being the cause of a fire at the Russian cultural center in Nicosia came directly from media outlets, not officials, who are still investigating the incident...
https://knews.kathimerini.com.cy/en/comment/opinion/what-s-wrong-with-a-little-transparency
There has been a lot of buzz surrounding e-kalathi in recent days. It is an electronic platform that aims to provide consumers with real-time updates on the prices of products in supermarkets, enabling them to easily find the best deals on their preferred products....
https://knews.kathimerini.com.cy/en/news/cyprus-tightens-criteria-for-immigration-permit-scheme
A revised set of criteria on the expedited process for granting immigration permits to third-country nationals who invest in Cyprus will be in effect as of May 2, 2023, the Interior Ministry announced on Friday....
https://knews.kathimerini.com.cy/en/news/pope-francis-grants-historic-voting-rights-to-women-at-global-synod
The Pope will for the first time allow women to vote at an influential global meeting of bishops in October - a move that has been welcomed as a historic first....
https://knews.kathimerini.com.cy/en/news/disappearance-less-clear-after-cops-nab-hacker-s-pal
A man said to be an acquaintance of Little Hacker, the detained suspect in a disappearance case possibly linked to cryptocurrency theft, has also been nabbed by police after investigators became suspicious over partial statements he had made, but charges still remained unclear...
https://knews.kathimerini.com.cy/en/news/speculation-rampant-as-cyprus-investigates-russian-fire
The cause of a large fire on Wednesday at a Russian building in central Nicosia is under investigation, with media speculation ranging from an accident to a possible terrorist attack and authorities not ruling out anything...
https://knews.kathimerini.com.cy/en/news/the-nose-knows-ai-app-helps-identify-lost-dogs-through-their-nose-prints
A South Korean startup has developed an AI-based app that scans your dog’s nose print and places it into a crowdsourced database that anyone can access to identify the owner of a lost dog....
https://knews.kathimerini.com.cy/en/news/prague-conference-on-russia-bogged-down-over-cyprus
Another odd exchange about Cyprus with references to age and sexism ended up crashing an international conference on Russia and Ukraine on Monday in Prague, where Cypriot House Speaker Annita Demetriou took exception to her Turkish counterpart’s response after he took issue with her Turkish-Russian invasion analogy...
https://knews.kathimerini.com.cy/en/business/e-kalathi-your-digital-tool-for-smart-shopping
Based on the timeline, the implementation of e-kalathi, the new digital platform for monitoring retail product prices, is expected to take place around early 2024....
https://knews.kathimerini.com.cy/en/news/the-turkish-formula-for-cyprus-is-challenging
A complex equation for the Cyprus problem is foreseen by circles at the EU headquarters, regardless of who wins Turkey's elections. This is because neither of the two main candidates, Tayyip Erdogan nor Kemal Kilicdaroglu, has the resolution of the Cyprus problem on their agenda. ...
https://knews.kathimerini.com.cy/en/business/taxapp-cy-the-easy-way-to-submit-a-tax-return
With TaxApp, taxpayers can easily and quickly submit their tax returns while ensuring correct submission.
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https://knews.kathimerini.com.cy/en/comment/opinion/the-real-estate-industry-s-crucial-turning-point
The European Parliament recently approved a new bill that aims to tackle climate change by reducing carbon emissions. This new legislation has significant implications for the property markets in Cyprus and Greece, where there is a large stock of buildings over 30 years old and requiring energy upgrades....
https://knews.kathimerini.com.cy/en/business/the-impact-of-sanctions-go-beyond-individuals-and-companies
George Christofides, Vice President of the Bar Association, addressed the sanctions imposed by the UK and US on legal and natural persons in Cyprus during an interview on the ''DIASPORA NEWS'' program. ...
https://knews.kathimerini.com.cy/en/business/finance-minister-considers-lowering-vat-rates-for-basic-necessities
The Minister of Finance of Cyprus, Makis Keravnos, has announced that the Ministry is considering measures for banks and credit-acquiring companies to absorb high-interest rate increases, as well as reducing value-added tax (VAT) for basic necessity products to tackle high prices....
https://knews.kathimerini.com.cy/en/news/child-porn-convict-freed-in-photo-fakery-case
The Supreme Court in the Republic of Cyprus has commuted a child porn prison sentence of a man in Larnaca after it emerged that images used to incriminate him were not real...
https://knews.kathimerini.com.cy/en/news/excess-deaths-down-in-eu-but-not-in-cyprus
For the first time since the beginning of the COVID-19 pandemic, there was no excess mortality recorded in the EU in February 2023, while Cyprus recorded the highest rate of excess mortality during the same month, according to data published by Eurostat...
https://knews.kathimerini.com.cy/en/business/finance-ministry-launches-tender-for-companies-law-modernization
Cyprus Ministry of Finance has launched a tender with an estimated value of €2 million aiming to acquire services for the modernization and reform of the outdated Companies Law, aiming to improve the economy’s competitiveness and ease of doing business....
https://knews.kathimerini.com.cy/en/news/fbi-arrests-2-for-running-chinese-police-station-in-ny
Two men have been arrested by the FBI for allegedly running a covert station for China’s police force in New York. The station, which was allegedly set up in February 2022 in Manhattan’s Chinatown, was operated by Beijing’s Ministry of Public Security (MPS) and used as a base to track Chinese dissidents living in the US....
https://knews.kathimerini.com.cy/en/news/cypriot-family-safe-in-khartoum-amid-sudan-crisis
The Cypriot Foreign Affairs Ministry confirmed on Tuesday that a 10-member Cypriot family is safe in their home in Khartoum. A Ministry spokesperson stated that the family is known to have grown up in Khartoum and is therefore capable of protecting themselves. ...
https://knews.kathimerini.com.cy/en/news/greece-hires-law-firm-to-block-turkey-s-turkaegean-trademark
Greece is attempting to prevent Turkey from trademarking its "Turkaegean" campaign used for tourism in the United States and the European Union. ...
https://knews.kathimerini.com.cy/en/news/more-greek-riddles-as-ukraine-seeks-s300
Ukrainian Defense Minister Oleksii Reznikov says his recent trips abroad including a visit to Cyprus have been 'very important' as Kiev still negotiates for Soviet-made missiles ahead of the next Ukraine Defense Contact Group in Germany...
https://knews.kathimerini.com.cy/en/news/us-monitoring-of-un-secretary-general-guterres-revealed-in-leaked-documents
Leaked Pentagon files indicate the United States was monitoring UN Secretary-General Antonio Guterres because it believed he was too soft on Russia after its invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/leaker-identified-as-fit-military-leader-with-gun-worshipping-gamer-group
The Washington Post has traced the recent Pentagon intelligence leak to a man who shared hundreds of secret files with a small group of young gamers on a private Discord server....