https://knews.kathimerini.com.cy/en/news/how-russia-defies-sanctions-with-its-secret-gas-fleet
Moscow's response to Western sanctions on the Russian gas industry has revealed a strategic shift in its approach, with the creation of a 'shadow fleet' of liquefied natural gas (LNG) carriers. ...
https://knews.kathimerini.com.cy/en/news/committee-reviews-proposal-to-limit-benefits-for-former-officials
The Parliament's Institutional Committee has deliberated on a legislative proposal by MP Alexandra Attalides, suggesting a time limit of five years for certain benefits granted to former ...
https://knews.kathimerini.com.cy/en/business/the-plague-of-the-cyprus-port-industry
Cyprus holds a pivotal role as a major trading hub and a crucial maritime center, leveraging its strategic geographical position and island status to foster maritime transport development. ...
https://knews.kathimerini.com.cy/en/news/government-s-photovoltaics-for-all-plan-sparks-debate-on-eligibility-and-funding
The Government Grant Scheme for transitioning citizens to renewable energy sources and promoting energy-saving initiatives in homes for the period 2024-2025 is currently open for public consultation until January 19, 2024. ...
https://knews.kathimerini.com.cy/en/news/billionaire-s-great-escape-kolomoiskyi-s-cyprus-flight-sparks-alarm
In a twist of legal intricacies, Ukrainian authorities are on high alert following the release of billionaire oligarch Ihor Kolomoiskyi. ...
https://knews.kathimerini.com.cy/en/news/targeted-fuel-and-heating-reductions-in-government-s-considerations
The Cyprus Electricity Authority has announced a 3% increase in electricity prices for upcoming bills. ...
https://knews.kathimerini.com.cy/en/news/trump-freaks-out-in-response-to-fraud-ruling
Soon after New York Judge Arthur Engoron found Donald Trump and his adult sons liable for fraud and canceled the Trump Organization’s business certification on Tuesday, the disgraced former president freaked out about it in a lengthy all-caps rant on Truth Social that he appeared to have originally written yesterday....
https://knews.kathimerini.com.cy/en/news/meta-encryption-shields-child-abusers-in-shadows
Mark Zuckerberg’s plan to roll out encrypted messaging on his platforms will let child abusers “hide in the dark”, according to a government campaign urging the tech billionaire to halt the move....
https://knews.kathimerini.com.cy/en/business/big-on-big-issues-and-small-on-small-issues
Are you tired of scrolling and reading throughout long and multiple pages filled with every single detail of each accounting policy your entity of interest is using the last couple of years, only to find what really matters for you in page 25? Don’t get me wrong! I do that for living....
https://knews.kathimerini.com.cy/en/business/npl-crisis-highlights-tug-of-war-between-borrowers-and-legislation
The concealment, or "camouflage," of non-performing loans (NPLs) in commercial banks before 2013 and their subsequent explosion have been, and may continue to be, the most significant challenge for the Cypriot economy. ...
https://knews.kathimerini.com.cy/en/news/cyprus-parliament-rejects-bills-on-borrowers-rights
The Cyprus Parliament voted against two non-government bills regarding borrowers' rights on Thursday, disregarding warnings from the government and the Central Bank about potential threats to the stability of the financial sector....
https://knews.kathimerini.com.cy/en/news/loan-demand-in-cyprus-falls-interest-rates-rise
The Cypriot banking institutions are holding a small basket for demand in new loans....
https://knews.kathimerini.com.cy/en/news/cypriot-economy-on-the-brink-says-finance-minister
During his address to the House of Representatives and following his presentation to the Parliamentary Finance Committee on the government's comprehensive package of seven measures for addressing foreclosure issues, ...
https://knews.kathimerini.com.cy/en/news/media-and-unhcr-collaborate-to-foster-a-welcoming-environment-for-refugees
During a meeting held on World Refugee Day, the Cyprus Media Ethics Committee, the Union of Cyprus Journalists, and the UNHCR Country Office in Cyprus gathered at the Journalist House in Nicosia to discuss...
https://knews.kathimerini.com.cy/en/business/divestments-trigger-a-risk-of-backlash-in-the-recovery-fund
As Cyprus races against time to secure €1.1 billion in grants and loans from the Recovery Fund (NextGenerationEU) by June 2026, a new challenge arises. ...
https://knews.kathimerini.com.cy/en/news/cyprus-exits-enhanced-surveillance-ten-years-after-financial-crisis
Ten years after the financial crisis Cyprus has exited the European Commission’s excessive imbalances procedure (EIP), on the basis of EU documents issued under the spring package of the 2023 European Semester...
https://knews.kathimerini.com.cy/en/news/russian-and-ukrainian-stock-in-lukoil-deal
A highly contentious takeover of a Lukoil plant in Italy by a Cypriot fund appears to be moving forward, with the latest media speculators picking on rumors that the leadership of the new operation might come from both Russian and Ukrainian stock...
https://knews.kathimerini.com.cy/en/news/major-fuel-companies-accused-of-violating-competition-law-in-cyprus
Today, the Cyprus Association of Petrol and Liquid Fuels Distributors filed a complaint against four major fuel companies: Petrolina, EKO Cyprus, Coral Energy Products Cyprus, and ExxonMobil Cyprus. The complaint accuses these companies of violating the Competition Protection Law of 2022....
https://knews.kathimerini.com.cy/en/news/keravnos-urges-banks-to-restructure-loans-and-keep-rates-low
Cyprus Finance Minister Makis Keravnos has urged banks to restructure loans, maintain low lending rates and bank charges, and increase deposit rates in light of continued basic rate hikes by Central Banks. He warned that otherwise the government "would make different thoughts."...
https://knews.kathimerini.com.cy/en/comment/opinion/structural-integrity-certificates-should-be-made-mandatory
The recent earthquakes in neighboring countries, as well as the aftershocks, felt in Cyprus, have brought to the forefront what we have been saying for years: the need to check the suitability of all our buildings on a regular basis....
https://knews.kathimerini.com.cy/en/news/the-new-limassol-piraeus-schedule-will-be-available-soon
The new schedule for the Cyprus-Greece sea link is expected to be announced within the next week, or by early March at the latest. As "K" has been informed, ...
https://knews.kathimerini.com.cy/en/news/five-foreign-policy-challenges-for-the-new-president
The eighth President of the Republic of Cyprus takes over, as of March 1, exactly where his predecessor, Nicos Anastasiades, left off: That is, at a critical international juncture, due to the war in Ukraine, and just before the crucial elections in Turkey and Greece ...
https://knews.kathimerini.com.cy/en/news/poland-underage-rape-victims-denied-abortion
Two Polish hospitals refused to terminate the pregnancy of an underage rape victim. The case has sparked controversy over the country's restrictive legislation, with women's rights activists insisting it must be eased....
https://knews.kathimerini.com.cy/en/news/concerns-emerge-over-cypriot-porn-website-age-verifier
A new law in Louisiana requiring adults who visit porn websites to verify their age is raising privacy concerns, but a Cypriot firm that collects personal information of those users says privacy is maintained throughout the process...
https://knews.kathimerini.com.cy/en/business/cyprus-national-minimum-wage-takes-effect-on-first-day-of-2023
National Minimum Wage in effect in Cyprus for the first time in January...
https://knews.kathimerini.com.cy/en/news/menendez-i-will-not-support-the-sale-of-f-16-fighter-jets-to-turkey
According to Senate International Affairs Committee Chairman Robert Menendez, the National Defense Authorization Act (NDAA) for the defense budget is not a victory for Turkey....
https://knews.kathimerini.com.cy/en/business/world-cup-2022-solution-found-for-the-beer-ban-in-qatar
Before the host country banned alcohol consumption inside and outside the stadiums at the last minute, a solution for the... warehouse of beers supplied by Budweiser for this year's World Cup was finally found....
https://knews.kathimerini.com.cy/en/business/consumer-protection-laws-offers-that-are-real-offers
Ms. Elena Papachristoforou, a consumer service and protection officer, explained the legal framework in consumer protection and the impact of the new amendments on consumers and traders on the radio show "News Release" on SPOR FM 95.0....
https://knews.kathimerini.com.cy/en/news/foreign-professionals-can-now-obtain-visas-digitally
Deputy Minister of Innovation Kyriakos Kokkinos addressed the challenges that professionals and large technology companies face in bringing staff to Cyprus. Speaking at the Economist conference in Nicosia, he stated that the effort to digitize the visa process for foreign professionals will be completed within the next 4-6 months....
https://knews.kathimerini.com.cy/en/news/cyprus-maintains-low-vat-and-consumption-tax-on-fuel
Cyprus maintains a very low VAT rate and lower consumption taxes on fuel compared to Germany and other EU countries, Minister of Finance Constantinos Petrides notes in a written statement....