https://knews.kathimerini.com.cy/en/news/€369-million-eib-loan-for-smart-investments
The government has secured a €369 million loan from the European Investment Bank (EIB) with favorable terms to support expenditures and investments within the framework of the "Thalia" program. ...
https://knews.kathimerini.com.cy/en/news/e-kalathi-bill-sparks-debate-in-parliament
During yesterday's session of the Parliamentary Committee on energy and trade, the debate shed light on a crucial aspect of the E-kalathi bill. It became evident that there are lingering disagreements among stakeholders and the majority of MPs on this issue. ...
https://knews.kathimerini.com.cy/en/news/liquidity-cover-hits-318-in-banking
Konstantinos Herodotou, the Governor of the Central Bank of Cyprus, delivered a robust message at the TechIsland conference in Limassol....
https://knews.kathimerini.com.cy/en/news/could-diagnostic-tests-help-kids-learn-better
The Parliamentary Committee on Education explored the need for diagnostic examinations in all primary and secondary education classes at the start of the academic year to identify and address student weaknesses effectively....
https://knews.kathimerini.com.cy/en/news/electronic-embassies-set-to-transform-diplomacy
To usher in digital reform within the public sector, a concrete and centralized approach is imperative. The key to this transformation lies in collaboration with the very organizations we aim to reform....
https://knews.kathimerini.com.cy/en/business/consumers-revolt-as-rising-prices-trigger-surge-in-complaints
In recent months, the Pancyprian Consumers Association has been inundated with consumer complaints, particularly following the reinstatement of excise duty on fuel and the termination of electricity subsidies. ...
https://knews.kathimerini.com.cy/en/news/us-plane-brings-captives-back-home
The plane carrying five American citizens freed as part of a deal between the U.S. and Iran have now landed back home in the United States....
https://knews.kathimerini.com.cy/en/news/ygia-polyclinic-a-e-joins-ghs
In a significant development set to enhance healthcare accessibility in Cyprus, the integration of private Accident and Emergency Departments (A&E) into the General Healthcare System (GHS) is set to commence next Monday....
https://knews.kathimerini.com.cy/en/news/supreme-court-frees-billions-in-assets
The Supreme Court unanimously overturns Laiki Bank's secured decrees, releasing billions in assets belonging to Andreas Vgenopoulos, Marfin Investments Group Holdings S.A, Efthimios Buloutas, and Kyriakos Cook....
https://knews.kathimerini.com.cy/en/news/135-debt-reduction-sparks-hope-for-economy
According to the latest data from the Central Bank of Cyprus, the private debt-to-GDP ratio has shown a significant decrease from its peak at the end of the first quarter in 2015 to the end of March 2023. ...
https://knews.kathimerini.com.cy/en/business/ssm-chief-urges-banks-to-be-prudent-amidst-soaring-profits
The Chairman of the Single Supervisory Mechanism (SSM), Andrea Enria, has emphasized that the gains from high interest rates for banks will eventually come to an end....
https://knews.kathimerini.com.cy/en/news/rising-prostate-cancer-cases-in-cyprus-sound-alarm-bells-for-men-s-health
New data reveals a concerning increase in prostate cancer cases in Cyprus, with 656 cases detected in 2020, compared to 550 in 2019. Prostate cancer is the most prevalent form of cancer among European men, a...
https://knews.kathimerini.com.cy/en/business/zero-vat-rates-fail-to-curb-price-surges
Many products subject to zero VAT rates saw unexpected price increases in July 2023, according to a report by Kathimerini The Consumer Association has raised concerns about the effectiveness of this measure following recent additions to the list of zero-rated items....
https://knews.kathimerini.com.cy/en/news/popular-decongestant-ingredient-ineffective-us-fda-reveals
A key ingredient in well-known decongestant products like Sudafed PE and Benadryl Allergy Plus Congestion, phenylephrine, has been deemed ineffective when taken orally, according to a Food and Drug Administration (FDA) panel. ...
https://knews.kathimerini.com.cy/en/news/90-winter-flight-schedule-boosts-tourism-hopes
Airlines based in Cyprus are planning to operate 90% of their flights during the upcoming winter season, as revealed by Maria Kouroupi, the Director of Communications and Marketing at Hermes Airports, in an interview with "K." ...
https://knews.kathimerini.com.cy/en/news/government-cuts-interest-income-rates-from-30-to-17
The Cyprus government decided to slash taxation on interest income from 30% to 17%, Finance Minister Makis Keravnos said on Wednesday, noting that banks should follow suit in boosting income for depositors.
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https://knews.kathimerini.com.cy/en/news/government-extends-zero-vat-on-essentials
The government has decided to extend the application of the zero VAT rate on essential goods for another six months, with Finance Minister Makis Keraynos announcing the addition of coffee and sugar to the list of exempted products....
https://knews.kathimerini.com.cy/en/comment/opinion/digitizing-the-state-for-modern-times
The digitization of the state is not just a challenge for modern society; it must be a top priority....
https://knews.kathimerini.com.cy/en/news/fuel-prices-surge-electricity-rates-hold-steady
Fuel prices are set to rise by 2-2.5 cents per liter for diesel and slightly less for unleaded gasoline, effective today at petrol stations....
https://knews.kathimerini.com.cy/en/news/are-cypriots-stuck-in-traffic-by-choice
Traffic congestion in Cyprus, especially during school hours and extracurricular activities, is a recurring issue that not only makes headlines but also sparks extensive public discussions about potential solutions, which have proven ineffective in recent years....
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/altia-transforms-the-real-estate-market-through-property-management-technology-services-developed-by-prosperty-and-robura
Altia, the fastest-growing real estate company in Cyprus with one of the largest real estate portfolios, is bringing digital transformation to the real estate sector. ...
https://knews.kathimerini.com.cy/en/news/cyprus-aims-to-shine-with-cypriot-red-soil-potato-in-european-market
Ministry of Agriculture, Rural Development, and Environment, is making every possible effort to address new challenges while improving the competitiveness of the agricultural sector, said the Minister of Agriculture, Rural Development, and Environment, Petros Xenophontos....
https://knews.kathimerini.com.cy/en/news/us-anti-corruption-chief-shines-spotlight-on-cyprus
Richard Nephew, the Coordinator on Global Anti-Corruption at the US State Department, emphasized the severe consequences of corruption on economies and international investments during his visit to Cyprus....
https://knews.kathimerini.com.cy/en/comment/opinion/ai-s-role-in-shaping-future-warfare
The war in Ukraine has brought about significant changes, including how wars will occur in the 21st century. These changes are quite substantial. Suddenly, everyone realizes that inexpensive unmanned aerial vehicles can inflict more damage than costly traditional military planes....
https://knews.kathimerini.com.cy/en/news/two-public-schools-to-benefit-from-german-language-pilot-program
The Council of Ministers has given its approval to a groundbreaking proposal put forth by the Ministry of Education, Sports, and Youth to initiate a pilot program aimed at introducing German language education in public secondary schools....
https://knews.kathimerini.com.cy/en/news/venice-to-charge-€5-entry-fee-to-tackle-over-tourism
Venice will become the first city in the world to charge day-trippers an entry fee in a determined bid to curb mass tourism, its tourism chief announced yesterday....
https://knews.kathimerini.com.cy/en/news/ministry-of-health-in-conflict-with-insurance-agency-over-healthcare-control
During yesterday's Parliamentary Committee on Health meeting, the Government decided to shift the responsibility of sending patients abroad from the Ministry of Health to the Health Insurance Organization....
https://knews.kathimerini.com.cy/en/news/cyprus-greece-israel-trilateral-meeting-ends-on-high-note
The Cyprus-Greece-Israel trilateral meeting led by Nicos Christodoulides, Kyriakos Mitsotakis, and Benjamin Netanyahu has successfully concluded its discussions....
https://knews.kathimerini.com.cy/en/comment/opinion/chlorakas-attack-highlights-growing-racial-tensions-in-cyprus
The violent attack on Syrian residents in Chloraka last Sunday during a community demonstration related to the refugee-migration issue represents a failure on multiple fronts....