https://knews.kathimerini.com.cy/en/news/lawmakers-weigh-extended-traffic-fine-deadlines-and-countdown-timers
Cyprus’s Transport Committee reviewed law proposals on Tuesday that would change traffic fine deadlines, introduce discounts for quick payments, and possibly install countdown timers at traffic lights, ...
https://knews.kathimerini.com.cy/en/news/the-new-era-of-accounting-services-a-complete-solution-for-cfos
Comprehensive Solutions for CFOs in the Modern Accounting Landscape, in the fast-paced business world of today, strategic financial management has become increasingly critical....
https://knews.kathimerini.com.cy/en/news/cyprus-seeks-to-amend-recovery-plan-amid-project-struggles
The Cyprus Recovery and Resilience Plan Directorate is currently working with the European Commission to make amendments to the Recovery and Resilience Plan. ...
https://knews.kathimerini.com.cy/en/business/disputes-delay-pafos-polis-chrysochous-motorway-project
In today's Oikonomiki, Dorita Yiannakou reports that the ongoing dispute between the Greek construction company Intrakat and the State over the Pafos-Polis Chrysochous motorway project has led to a stalled construction timeline and potential penalties. ...
https://knews.kathimerini.com.cy/en/news/eu-takes-cyprus-to-court-over-tax-law-delays
The European Commission has referred Cyprus, along with Spain, Poland, and Portugal, to the European Court of Justice for failing to implement the 2022 directive on a global minimum level of taxation for multinational corporations and large companies (Pillar 2 directive)....
https://knews.kathimerini.com.cy/en/news/cyprus-falls-behind-on-eu-recovery-plan-meets-only-5-of-targets
In today's 'Oikonomiki', Panayiotis Rougalas reports that Cyprus has only achieved 5% of the milestones outlined in its Recovery and Resilience Plan (RRP), falling far behind other European Union countries in implementing reforms tied to the EU’s Next Generation funding program....
https://knews.kathimerini.com.cy/en/news/cypriot-loan-servicers-struggle-as-red-loans-hit-€21-2b
While non-performing loans (NPLs) in Cypriot banks are gradually declining, the situation remains dire for "red loans" held by loan acquisition companies, or "servicers." ...
https://knews.kathimerini.com.cy/en/news/calls-to-reduce-fines-for-late-ubo-submissions-in-cyprus
High fines have spurred companies in Cyprus to comply with the submission of beneficial ownership details to the Company Registrar's Beneficial Ownership Register.
...
https://knews.kathimerini.com.cy/en/news/eu-commission-refuses-dutch-request-to-leave-asylum-system
In a surprising move, the Netherlands has requested an opt-out from the EU migration and asylum system, just days after Germany reintroduced border controls. ...
https://knews.kathimerini.com.cy/en/news/student-transfers-now-open-at-the-university-of-limassol-uol
The University of Limassol (UoL) is pleased to announce that student transfer applications for the second year of undergraduate studies are now open and will be accepted until 27th of September 2024....
https://knews.kathimerini.com.cy/en/news/high-stakes-talks-on-cyprus-greece-power-link-leave-crucial-questions-unresolved
A high-level meeting at the Presidential Palace in Nicosia has concluded discussions on the Great Sea Interconnector (GSI), the ambitious electricity link between Cyprus and Greece....
https://knews.kathimerini.com.cy/en/news/illegal-monastery-remains-standing-despite-demolition-order
A monastery owned by the Metropolis of Constantia and Famagusta, illegally built in the protected Cape Greco area, remains standing despite court orders to demolish it, according to a report by Pavlos Neophytou in this Sunday's Kathimerini. ...
https://knews.kathimerini.com.cy/en/news/parliament-in-turmoil-over-great-sea-interconnector
Cyprus is facing significant political upheaval over the Great Sea Interconnector, a major project intended to bring affordable electricity to the island. With the decision deadline looming tomorrow, there is still no scheduled Cabinet meeting to finalize the issue....
https://knews.kathimerini.com.cy/en/business/tesla-unveils-feature-called-actually-smart-summon-or-ass-for-short
This feature was supposed to be available two years ago but faced several delays. The launch comes after Tesla switched to a system that relies only on cameras, which temporarily affected some of its driver-assist features....
https://knews.kathimerini.com.cy/en/business/cyprus-powers-up-for-a-last-minute-save
Nicosia has requested more time at the political level to keep the Cyprus-Crete electricity interconnection project on track, following a dispute over €100 million in project cost recovery....
https://knews.kathimerini.com.cy/en/news/government-s-solar-panel-scheme-attracts-6-000-applicants
The Energy Ministry expressed satisfaction on Saturday on the response its scheme ‘’photovoltaics for all’’ had among the consumers....
https://knews.kathimerini.com.cy/en/comment/opinion/global-uncertainty-looms-as-biden-s-final-months-approach
Five months remain until the next US president is sworn in. Five very fluid and dangerous months. Everyone knows that President Joe Biden is on his way out. His power and influence are waning with each passing day....
https://knews.kathimerini.com.cy/en/news/officials-to-remove-2-500-speed-bumps-across-the-island
Transport Minister Alexis Vafeades announced that 13 speed bumps have been removed out of the 113 that were approved for removal by the relevant committee. ...
https://knews.kathimerini.com.cy/en/news/french-firm-warns-of-halt-on-cyprus-crete-cable-over-payments
The second meeting of the Commission overseeing the Cyprus-Crete electric cable project, which included representatives from IPTO, the energy ministries of Cyprus and Greece, and the energy regulators from both countries, ended with no significant progress....
https://knews.kathimerini.com.cy/en/news/rif-launches-€6m-fund-to-foster-innovation-and-economic-growth
The Research and Innovation Foundation (RIF) announced on Tuesday a new call for the "Co-Develop" funding programme, with a total budget of €6 million, aimed at better leveraging resources and apply innovative solutions to real problems....
https://knews.kathimerini.com.cy/en/news/cyprus-could-face-financial-strain-over-vasilikos-debacle
The abandonment of the Vasilikos terminal project by a Chinese consortium has triggered a cascade of financial and operational challenges for Cyprus, with substantial implications for state finances and energy infrastructure....
https://knews.kathimerini.com.cy/en/business/cyprus-ranks-second-in-eu-for-workers-unable-to-afford-vacations
Cyprus recorded the second-largest share of workers unable to afford vacations in 2022 among EU member states, with 25% of its workforce affected, according to an analysis of Eurostat data by the European Trade Union Confederation (ETUC)....
https://knews.kathimerini.com.cy/en/news/market-changes-eurobank-s-move-and-economic-struggles
Bank of Cyprus shares were delisted from the Athens Stock Exchange following the 2013 financial crisis and the turbulent merger with Laiki Bank, including the depositor haircut...
https://knews.kathimerini.com.cy/en/news/cyprus-extends-ev-charging-grants-by-two-months
The deadline for applications for the second phase of the "Electrification with 1000" grant program has been extended by two months, now closing on September 30, 2024, at 12:00 a.m., the Department of Electromechanical Services announced....
https://knews.kathimerini.com.cy/en/news/transparency-concerns-cloud-eu-vote-on-ursula-von-der-leyen-s-presidency
The political fate of Ursula von der Leyen hangs in the balance today as 720 Members of the European Parliament convene in Strasbourg at 1 p.m. local time......
https://knews.kathimerini.com.cy/en/news/fifteen-days-left-to-decide-on-eurobank-s-offer
Hellenic Bank shareholders have less than 15 days to decide whether to sell their shares to Eurobank, which has made a takeover offer of 2.56 euros per share. The offer, initiated at the start of the month, has a four-week deadline, shorter than the maximum eight weeks allowed....
https://knews.kathimerini.com.cy/en/news/public-works-enforces-€100-000-fine-for-nicosia-ring-road-delay
The Public Works Department has activated a contract clause imposing penalties on Cyfield Construction Ltd. for delays in the completion of the first phase of the Nicosia Ring Road....
https://knews.kathimerini.com.cy/en/news/admie-pushes-for-new-ruling-on-power-cable-costs
Independent Power Transmission Operator (ADMIE) of Greece presented new data to the Cyprus Energy Regulatory Authority (RAEK) on Monday, regarding......
https://knews.kathimerini.com.cy/en/business/yet-another-delay-in-nicosia-perimeter-road-triggers-penalties
CyField, the company responsible for constructing Nicosia's perimeter motorway, is bein genalized €5,500 as of today, July 16. The Transport Minister, Alexis Vafeadis, confirmed this development during an interview with SPOR FM 95.00's ''Diaspora News.''...
https://knews.kathimerini.com.cy/en/news/elon-musk-commits-$45m-monthly-to-boost-trump-s-election-bid
Elon Musk intends to contribute $45 million per month to a Super PAC aimed at supporting Donald Trump's electoral campaign, starting from July, as reported by the Wall Street Journal....
