https://knews.kathimerini.com.cy/en/business/uae-sugary-drinks-will-cost-you-and-not-just-in-calories
The United Arab Emirates is taking a stand against sugar, launching a new tiered tax on sweetened drinks starting January 1, a move doctors and dentists say could be a game-changer for public health....
https://knews.kathimerini.com.cy/en/news/more-tax-relief-for-families-tougher-rules-for-everyone-else
From January 1, 2026, Cyprus will officially turn the page on how it taxes income and businesses....
https://knews.kathimerini.com.cy/en/business/germany-pours-€50-billion-into-new-weapons-and-defenses
Germany is pouring an eye-watering €50 billion into new weapons, missile defenses, and combat vehicles, a move that underscores how sharply Europe’s biggest economy is rearming and how little patience there is left for delays....
https://knews.kathimerini.com.cy/en/business/cyprus-shipping-charts-a-course-for-growth
Cyprus’s shipping sector demonstrated resilience in 2025, maintaining a 7% contribution to the country’s GDP and employing more than 9,000 people onshore, as well as 80,000 seafarers on vessels managed by Cyprus-based companies....
https://knews.kathimerini.com.cy/en/business/eu-to-impose-temporary-€3-customs-fee-on-small-imported-parcels
Starting 1 July 2026, small parcels entering the European Union will be subject to a flat customs fee of €3, a measure aimed at regulating the surge in low-value shipments from overseas e-commerce platforms. ...
https://knews.kathimerini.com.cy/en/news/meps-call-for-eu-wide-minimum-age-of-16-for-social-media-to-protect-children
European lawmakers are urging stronger measures to protect children from the physical, mental, and social risks posed by online platforms....
https://knews.kathimerini.com.cy/en/news/president-unveils-major-tax-overhaul-aimed-at-fairness-growth-and-green-transition
Cyprus is rolling out the biggest tax shake-up in more than two decades, promising a fairer system that supports families, strengthens local businesses, and keeps the economy competitive....
https://knews.kathimerini.com.cy/en/business/cyprus-extends-zero-vat-on-essential-goods-through-2026
Cyprus will maintain a zero value-added tax on certain basic goods until December 2026, the Finance Minister, Makis Keravnos, announced Wednesday following Cabinet approval of the measure....
https://knews.kathimerini.com.cy/en/news/us-senators-move-to-extend-cyprus-arms-embargo-lift-to-five-years
A bipartisan team of U.S. senators is pushing to make the lifting of America’s arms embargo on Cyprus last five years instead of one, a move seen as a strong signal of Washington’s growing trust in Nicosia....
https://knews.kathimerini.com.cy/en/news/cyprus-emerges-as-european-hub-for-drone-technology
Cyprus is emerging as a strategic hub for high-tech companies developing unmanned and defense systems, thanks to its neutral geopolitical profile and unique regulatory advantages, industry experts say....
https://knews.kathimerini.com.cy/en/news/takata-airbag-recall-cars-to-be-immobilized-starting-oct-3
Government officials on Thursday urged car owners with Takata airbags to respond promptly to a nationwide recall, warning that delays could pose serious safety risks....
https://knews.kathimerini.com.cy/en/business/cyprus-on-edge-as-ata-for-all-talks-stall-unions-warn-of-new-strike
Cyprus is facing rising tensions over the government’s plan to extend the cost-of-living allowance, known as “ATA for all,” with unions warning a new general strike could be on the horizon....
https://knews.kathimerini.com.cy/en/news/cypriots-losing-ground-in-own-housing-market
A new audit has sounded the alarm over serious loopholes in Cyprus’ property laws, warning that foreigners are buying a much larger share of real estate than official figures show, with little oversight of where the money comes from....
https://knews.kathimerini.com.cy/en/business/cyprus-brain-gain-hundreds-of-expats-eye-a-return-home
Cyprus’ new push to bring home skilled professionals living abroad is already showing strong results. Within just two weeks of launching, the Minds in Cyprus platform drew more than 300 registrations from Cypriots working in 23 different countries....
https://knews.kathimerini.com.cy/en/business/cyprus-moves-to-tighten-foreign-investment-rules-boost-transparency
Cyprus is set to introduce stricter controls on foreign investments in a new bill aimed at protecting critical sectors while keeping the country attractive to reliable investors....
https://knews.kathimerini.com.cy/en/news/government-launches-personalized-student-bus-cards-with-reduced-fares
Starting September 1, students across Cyprus will be able to get personalized ''Motion'' bus cards that drastically cut the cost of public transport, the Ministry of Transport, Communications and Works announced....
https://knews.kathimerini.com.cy/en/news/cyprus-post-suspends-shipments-to-u-s-following-new-customs-rules
Cyprus Post has announced the suspension of all postal services to the United States that contain goods, following recent changes to U.S. customs regulations....
https://knews.kathimerini.com.cy/en/business/cyprus-sets-record-for-wasted-solar-energy-in-2025
Cyprus is wasting record levels of solar energy this year, even as rolling blackouts last week left homes and businesses without power during a heatwave....
https://knews.kathimerini.com.cy/en/news/cyprus-blackouts-leave-patients-mid-scan-doctors-warn-of-serious-risks
For the second day in a row, Cyprus faced rolling power cuts on Wednesday, leaving some patients stranded mid-scan and sparking fresh warnings from medical professionals about the risks to public health....
https://knews.kathimerini.com.cy/en/business/safety-concerns-or-just-a-tax-grab
A wave of new measures could soon change the way Europeans shop online, as the European Union moves to crack down on Chinese e-commerce giants like Temu and Shein, citing both consumer safety risks and unfair market practices....
https://knews.kathimerini.com.cy/en/news/government-unveils-comprehensive-aid-package-for-limassol-fire-victims-cash-payments-rent-subsidies-and-full-damage-restoratio
Regarding the support and payment of financial aid to citizens affected by the fires in communities of the Limassol District, and following the announcement of the President of the Republic last Sunday, the Council of Ministers decided today on the following measures....
https://knews.kathimerini.com.cy/en/business/government-cuts-out-locals-in-€35m-energy-deal-ahead-of-electricity-market-opening
Just months before Cyprus opens up its electricity market to real competition, a government decision to hand a €35 million energy storage project to the state has sparked a fierce backlash from private investors, many of whom have been stuck in limbo for years....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-sharp-drop-in-asylum-applications-ranks-8th-in-eu-for-reduction
Cyprus recorded a 42% decline in asylum applications in 2024, receiving 6,750 claims, according to the European Migration Network’s Annual Report on Asylum and Migration....
https://knews.kathimerini.com.cy/en/comment/opinion/casper-the-friendly-ghost-claims-responsibility-as-cyprus-enters-the-age-of-amateur-terror
Until now, we knew July 9th as the dark day in 1821 when the Ottomans hanged Archbishop Kyprianos for his involvement in the Greek War of Independence. We also knew July 9th as the title of a powerful epic poem by Vasilis Michaelides about the massacres of that day. ...
https://knews.kathimerini.com.cy/en/news/using-hose-for-cleaning-now-a-criminal-offense-under-new-water-saving-law
Washing walls, windows or private boats with a hose is now a criminal offense under an amended water-saving law passed by Parliament on July 10....
https://knews.kathimerini.com.cy/en/business/collaboration-between-cim-cyprus-business-school-and-ey-cyprus-ltd
EY Cyprus Ltd, in collaboration with CIM Cyprus Business School, has launched the EY Learn & Earn Program — a unique initiative developed with the strong support of ACCA....
https://knews.kathimerini.com.cy/en/business/cyprus-approves-electricity-grid-storage-projects-to-boost-energy-reliability
The Cyprus Energy Regulatory Authority (CERA) has approved the Cyprus Transmission System Operator’s (TSOC) request to develop and operate large-scale energy storage systems integrated into the national electricity grid....
https://knews.kathimerini.com.cy/en/news/lakatamia-land-reserved-for-school-sits-idle-since-1996
Nearly three decades after land was reserved for a new school in Lakatamia, the property remains untouched, prompting fierce criticism from lawmakers who say the state has violated landowners' rights and failed to act transparently....
https://knews.kathimerini.com.cy/en/business/keravnos-takes-gratuity-tax-exemption-proposal-to-cabinet-opposes-one-size-calculation
Finance Minister Makis Keravnos on Wednesday signaled support for a proposal to exempt from taxation a 15% gratuity granted to officials, but said the measure still requires Cabinet approval....
https://knews.kathimerini.com.cy/en/news/contactless-payments-coming-to-famagusta-buses-this-october
Starting in October, passengers on buses in the Famagusta District will be able to pay for their ride with contactless cards or mobile wallets like Apple Pay....
