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12° Nicosia,
05 September, 2025
 

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Displaying results 1-30 of 265 matches for query exempt.

1. Cyprus moves to tighten foreign investment rules and boost transparency

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....

2. Government launches personalized student bus cards with reduced fares

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....

3. Cyprus Post suspends shipments to U.S. following new customs rules

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....

4. Cyprus sets record for wasted solar energy in 2025

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....

5. Cyprus blackouts leave patients mid-scan, doctors warn of serious risks

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....

6. ''Safety Concerns'' or just a tax grab?

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....

7. Government unveils comprehensive aid package for Limassol fire victims: Cash payments, rent subsidies, and full damage restoration

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....

8. Government cuts out locals in €35M energy deal ahead of electricity market opening

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....

9. Cyprus sees sharp drop in asylum applications, ranks 8th in EU for reduction

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....

10. Casper the Friendly Ghost claims responsibility as Cyprus enters the age of amateur terror

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. ...

11. Using hose for cleaning now a criminal offense under new water-saving law

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....

12. Collaboration between CIM Cyprus Business School and EY Cyprus Ltd

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....

13. Cyprus approves electricity grid storage projects to boost energy reliability

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....

14. Lakatamia land reserved for school sits idle since 1996

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....

15. Keravnos takes gratuity tax exemption proposal to cabinet, opposes one-size calculation

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....

16. Contactless payments coming to Famagusta buses this October

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....

17. Christodoulides to woo Cypriot talent abroad at London ‘Brain Gain’ event

https://knews.kathimerini.com.cy/en/news/christodoulides-to-woo-cypriot-talent-abroad-at-london-‘brain-gain-event

President Nikos Christodoulides is inviting Cypriots living in the UK to a special event in London on Wednesday, May 21, as part of the government’s "Brain Gain" initiative....

18. From brain drain to brain gain: Cyprus rolls out incentives to bring talent home

https://knews.kathimerini.com.cy/en/business/from-brain-drain-to-brain-gain-cyprus-rolls-out-incentives-to-bring-talent-home

The Cypriot government has approved a plan to offer tax breaks to citizens working abroad in a bid to reverse the country’s “brain drain,” a government spokesperson said Wednesday....

19. VAT challenges for Electronic Money Institutions

https://knews.kathimerini.com.cy/en/news/vat-challenges-for-electronic-money-institutions

In the digital age, Electronic Money Institutions (EMIs) have become an integral part of the financial ecosystem, offering a range of services that facilitate digital transactions....

20. ''Smoking rights'' go up in flames as court backs COVID mask fine

https://knews.kathimerini.com.cy/en/news/smoking-rights-go-up-in-flames-as-court-backs-covid-mask-fine

In a recent ruling, the Court of Appeal has upheld the conviction of a man fined for refusing to wear a protective face mask during the height of the COVID-19 pandemic, delivering a firm blow to challenges against public health regulations imposed under emergency powers....

21. EU offered zero-for-zero tariff deal before Trump’s trade war

https://knews.kathimerini.com.cy/en/business/eu-offered-zero-for-zero-tariff-deal-before-trump-s-trade-war

The European Union says it tried to stop a trade war before it started, offering Donald Trump a clean-slate deal to scrap tariffs on cars and a bunch of industrial goods. But the U.S. didn’t bite. Now the EU is done waiting....

22. Von der Leyen proposes €150 billion borrowing plan for rearmament amid growing security concerns

https://knews.kathimerini.com.cy/en/news/von-der-leyen-proposes-€150-billion-borrowing-plan-for-rearmament-amid-growing-security-concerns

The European Commission has proposed a bold plan to borrow up to €150 billion to lend to EU governments as part of a major rearmament effort....

23. Lack of 'Certificate of Occupancy' puts homeowners at risk in 'Rent to Mortgage' plan

https://knews.kathimerini.com.cy/en/news/lack-of-certificate-of-occupancy-puts-homeowners-at-risk-in-rent-to-mortgage-plan

A surprising revelation in the ongoing discussion about the Rent to Mortgage Scheme has raised concerns for homeowners across Cyprus: around 60% of the properties involved in the scheme do not have an official certificate of occupancy, meaning that a building complies with all necessary regulations and is safe for use or habitation....

24. MPs mull casino cash exemption despite laundering fears

https://knews.kathimerini.com.cy/en/business/mps-mull-casino-cash-exemption-despite-laundering-fears

A proposal to exempt casinos from Cyprus' €10,000 cash transaction limit has sparked a heated debate in parliament, with regulators warning that such a move could open the door to money laundering and create unequal rules for businesses....

25. Eurobank moves for full control of Hellenic Bank in major takeover push

https://knews.kathimerini.com.cy/en/business/eurobank-moves-for-full-control-of-hellenic-bank-in-major-takeover-push

February is shaping up to be a pivotal month for Hellenic Bank, as key financial moves unfold, including a full takeover bid by major shareholder Eurobank, the completion of key acquisitions, and a voluntary exit plan for employees....

26. How Abramovich evaded millions in taxes using Cyprus

https://knews.kathimerini.com.cy/en/news/how-abramovich-evaded-millions-in-taxes-using-cyprus

A massive tax evasion scheme tied to Roman Abramovich’s superyachts has been uncovered, shedding light on how the Russian billionaire exploited Cyprus’ offshore business environment. Leaked documents reveal that from 2005 to 2012, Abramovich’s companies set up a fake yacht-leasing business in Cyprus to dodge EU taxes on his luxury vessels....

27. European Parliament seeks Cypriot administrators

https://knews.kathimerini.com.cy/en/news/european-parliament-seeks-cypriot-administrators

In a significant move to address imbalances in staff representation, the European Parliament has launched a competition aimed specifically at Cypriot nationals....

28. Cyprus Tax Department going after football clubs over unpaid debts

https://knews.kathimerini.com.cy/en/news/cyprus-tax-department-going-after-football-clubs-over-unpaid-debts

The Cyprus Tax Department is moving forward with plans to issue indictments against all football clubs in the country that have outstanding debts to the state, regardless of the size of the amounts owed. ...

29. Your Direct Path to Dubai Through IFZA

https://knews.kathimerini.com.cy/en/business/your-direct-path-to-dubai-through-ifza

LLPO Law Firm is proud to organise a Free Business Networking Event in Cyprus, in collaboration with IFZA Dubai (an International Free Zone Authority),...

30. US lawmakers push to permanently lift Cyprus arms embargo

https://knews.kathimerini.com.cy/en/news/us-lawmakers-push-to-permanently-lift-cyprus-arms-embargo

Leaders of the Congressional Hellenic Caucus submitted a bill at the US House o Representatives aimed at permanently lifting the arms embargo imposed by the United States on the Republic of Cyprus....

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