https://knews.kathimerini.com.cy/en/news/banks-under-fire-how-public-pressure-forced-a-shake-up
Over the past decade, Cypriot banks have paid over €500 million to the state through a special levy known as the ''double tax.''...
https://knews.kathimerini.com.cy/en/news/cyprus-increases-fines-for-mobile-phone-use-while-driving
In a move to curb road fatalities, the Road Safety Council of Cyprus has unanimously decided to sharply increase penalties for serious traffic violations, effective immediately....
https://knews.kathimerini.com.cy/en/news/president-inaugurates-new-wing-of-prisons
President Nicos Christodoulides inaugurated the new wing of the Closed Prison on Tuesday....
https://knews.kathimerini.com.cy/en/business/elon-musk-becomes-first-person-to-achieve-a-$400-billion-net-worth
Elon Musk, the world’s richest person, has reached an unprecedented milestone: a net worth of $400 billion, according to Bloomberg....
https://knews.kathimerini.com.cy/en/business/cyprus-and-oman-sign-double-taxation-deal-to-boost-trade-and-investment
The Republic of Cyprus and the Sultanate of Oman have signed a new agreement aimed at avoiding double taxation and preventing tax evasion....
https://knews.kathimerini.com.cy/en/news/‘business-as-usual-for-world-s-top-companies-as-they-get-ahead-of-mandatory-sustainability-reporting-rules
With mandatory sustainability reporting nearly upon us, new research from KPMG reveals the world’s biggest companies are taking a proactive approach, with a significant increase in businesses already publishing ESG data, including carbon reduction targets....
https://knews.kathimerini.com.cy/en/life/temu-s-tempting-deals-are-a-double-edged-sword-for-cypriot-shoppers
Temu, an emerging e-commerce platform, offers an extensive range of products, from gadgets and household goods to clothing and toys, at remarkably low prices....
https://knews.kathimerini.com.cy/en/news/ex-official-sued-over-fraud-allegations-and-damaging-audit-report
A legal battle has erupted in Cyprus, with the former Commissioner for the Development of Mountain Communities, Giannakis Papadouris, and V.V. Lampadistis Wineries Limited filing a lawsuit against Odysseus Michaelides....
https://knews.kathimerini.com.cy/en/business/cyprus-receives-major-credit-rating-boost-from-moody-s
Last Friday, Moody’s delivered a major endorsement of Cyprus’ economic progress, upgrading its credit rating by two notches, from Baa2 to A3, with a stable outlook, according to a report by Panayiotis Rougalas. ...
https://knews.kathimerini.com.cy/en/news/when-parking-defies-logic-in-more-ways-than-one
Nicosia General Hospital isn’t just a place for medical emergencies anymore; it’s apparently also the stage for parking theatrics. Social media erupted on Wednesday after photos surfaced of a driver’s truly perplexing parking maneuver. ...
https://knews.kathimerini.com.cy/en/business/50-million-luxury-shoppers-pull-back-as-market-slows
For the first time since the 2009 financial crisis, the luxury goods market is losing its shine. A whopping 50 million shoppers have stopped splurging on designer bags, watches, and other high-end items, according to Bain & Company’s latest report....
https://knews.kathimerini.com.cy/en/comment/opinion/old-grudges-and-gilded-memories-cypriot-politics-in-reruns
Last night, I tuned into a podcast featuring the former President of Cyprus and a Twitter Space (or "X Space") with the former DISY party leader. Oh boy, both were quite the listen....
https://knews.kathimerini.com.cy/en/news/greek-american-representation-in-congress-grows-with-six-new-members
Six Greek-Americans have been elected to the US House of Representatives in Tuesday’s presidential election, evenly representing the Democratic and Republican parties and strengthening the community’s voice in Congress by one....
https://knews.kathimerini.com.cy/en/news/european-voters-favor-kamala-harris-in-us-presidential-race
A recent YouGov survey reveals that a majority of voters in the UK, France, Germany, Italy, Spain, Sweden, and Denmark prefer the election victory......
https://knews.kathimerini.com.cy/en/news/russia-slaps-google-with-astronomical-fine-over-youtube-bans-on-state-media-accounts
Google faces an astronomical fine reportedly exceeding two undecillion rubles – a figure followed by 36 zeros – after removing pro-government and state-run accounts from its YouTube platform, Russian state news agency Tass reported....
https://knews.kathimerini.com.cy/en/business/double-premiere-to-mark-25th-anniversary
For the track and the road: The new 911 GT3 and 911 GT3 with Touring package
...
https://knews.kathimerini.com.cy/en/news/eu-pushing-for-economic-ties-with-turkey-but-where-does-that-leave-cyprus
According to Kathimerini's Pavlos Xanthoulis, Brussels and Berlin are working to upgrade the Turkish Customs Union, viewing it as a pathway to strengthen economic ties with Turkey. ...
https://knews.kathimerini.com.cy/en/news/tougher-penalties-for-employers-skirting-social-security
The government is poised to toughen penalties for undeclared work in an effort to address the widespread issue....
https://knews.kathimerini.com.cy/en/news/nobel-glory-for-ai-innovator-demis-hassabis
Demis Hassabis is not just a scientist; he is a visionary who has left an indelible mark on the field of artificial intelligence (AI) since his childhood. Recently, he was awarded......
https://knews.kathimerini.com.cy/en/news/china-s-electric-vehicle-sales-plummet-in-europe-amid-eu-tariffs
Chinese automakers are seeing a sharp decline in electric vehicle (EV) sales across Europe, with sales figures dropping to their lowest in the past 18 months. ...
https://knews.kathimerini.com.cy/en/news/killer-hairdresser-escapes-in-bold-plan-police-officers-suspended
Police are in a state of high alert after convicted murderer Doros Theofanous, infamously known as "The Hairdresser," escaped from custody on Thursday, September 26. ...
https://knews.kathimerini.com.cy/en/news/127-236-people-in-cyprus-were-at-risk-of-poverty-in-2023
Nearly 14% of people in Cyprus were at risk of poverty in 2023, according to a new report from the Statistical Service of Cyprus. This means around 127,236 individuals lived on a yearly disposable income of €11,324 or less....
https://knews.kathimerini.com.cy/en/business/cyprus-and-netherlands-finalize-double-taxation-treaty-for-curacao
Cyprus and the Netherlands have successfully concluded negotiations on a Double Taxation Treaty concerning Curacao, a Caribbean island that is part of the Kingdom of the Netherlands....
https://knews.kathimerini.com.cy/en/life/m-m-s-drops-a-sweet-bomb-peanut-butter-jelly-flavor-is-here
M&M's has done it again! Just in time for candy season, the iconic brand has unveiled a new flavor that has everyone buzzing: Peanut Butter and Jelly!...
https://knews.kathimerini.com.cy/en/news/israel-s-shadow-operations-a-timeline-of-tactics
Israel is suspected of conducting various covert operations, including recent explosions of Hezbollah devices in Lebanon and cyberattacks on Iranian nuclear facilities. ...
https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-cyprus-politicians-dive-deep-over-undersea-connection
Averof Neofytou and Annita Demetriou have crossed swords once again, this time over the proposed undersea cable linking Cyprus to Greece. ...
https://knews.kathimerini.com.cy/en/news/today-marks-19-years-since-helios-airways-fatal-crash
Nineteen years have passed since the tragic crash on August 14, 2005, of the Boeing 737-31S aircraft of Helios Airways in the mountainous area of Grammatiko in Attica, Greece. ...
https://knews.kathimerini.com.cy/en/news/cypriot-athletes-shine-bright-at-paris-2024-olympics
Team Cyprus had a blast at the Paris 2024 Olympics, with their athletes dazzling on the world stage. The Cypriot squad, led by Elena Koulichenko, Milan Trajkovic, and Olivia Fotopoulou, showed off their talents and made their country proud....
https://knews.kathimerini.com.cy/en/news/cypriots-flock-to-the-coast-for-summer-holidays-despite-rising-prices
Coastal areas remain the top choice for Cypriots' domestic summer holidays, with destinations like Ayia Napa, Protaras, Paphos, Limassol, and Larnaca seeing high demand, according to the Cyprus Hotels Association (PASYXE)....
https://knews.kathimerini.com.cy/en/news/epic-double-ookla-and-umlaut-rank-epic-once-again-at-the-top-of-telecommunications-in-cyprus-for-its-fixed-internet-and-mobile-networks-respectively
Epic continues to stand at the top of telecommunications in Cyprus, with two new international awards that are the culmination of its continuous investments in the development of a state-of-the-art, ultra-fast and reliable mobile and fixed internet network, offering an epic communication experience with innovative solutions, continuous evolution, and dedication to excellence....
