https://knews.kathimerini.com.cy/en/business/new-15-tax-hits-hellenic-hard-as-profits-drop-by-half
Hellenic Bank has just become the poster child for how Cyprus’ new 15% minimum tax law is starting to shake up the financial sector — and it’s not just about tax bills....
https://knews.kathimerini.com.cy/en/news/whispers-of-rain-murmurs-of-dust-the-weather-forecast
Good morning Cyprus, it's Wednesday and Mother Nature’s decided to keep things interesting, not wild, not calm, just... mildly moody....
https://knews.kathimerini.com.cy/en/news/ex-u-s-ambassador-to-cyprus-john-koenig-i-was-right-about-anastasiades
It’s not every day that a former U.S. ambassador publicly unloads on a head of state, but John Koenig, who served as the U.S. Ambassador to Cyprus from 2012 to 2015, has done just that....
https://knews.kathimerini.com.cy/en/news/cyprus-restarts-gas-project-with-european-aid-and-floating-giant-prometheus
Cyprus is gearing up to revive its biggest energy project, the long-delayed natural gas terminal at Vasilikos, after a rocky period following the exit of a Chinese consortium that had taken the lead. ...
https://knews.kathimerini.com.cy/en/news/paphos-airport-gears-up-for-new-vip-terminal
Soon, passengers flying through Paphos Airport will be able to enjoy a touch of luxury before takeoff, thanks to a brand-new VIP terminal that’s set to open by the end of 2025....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-uncertainty-as-trump-s-tariffs-target-global-trade
In a dramatic move that has sent shockwaves through global trade, US President Donald Trump has imposed hefty tariffs on imports from several key countries, ...
https://knews.kathimerini.com.cy/en/news/police-using-airport-cameras-to-track-unpaid-traffic-fines-raises-legal-alarm
A controversial system used at Cyprus' airports to track down drivers who fail to collect and pay traffic camera fines is facing legal scrutiny, as lawmakers question whether it operates within the law....
https://knews.kathimerini.com.cy/en/news/progress-by-avoiding-setbacks-as-geneva-talks-keep-cyprus-dialogue-alive
The five-party informal meeting on the Cyprus issue in Geneva on March 17–18 yielded one notable achievement: no setbacks. That seemed to be the consensus among all parties as they exited the Palace of Nations on Tuesday afternoon....
https://knews.kathimerini.com.cy/en/news/new-porsche-macan-with-five-stars-in-euro-ncap
The new Porsche Macan has received the top rating of five stars in the Euro NCAP test. The four-door sports car impressed with top scores in all test disciplines. ...
https://knews.kathimerini.com.cy/en/business/global-fintech-investment-falls-to-seven-year-low-of-$95-6-billion-in-2024-but-uptick-in-q4-24-is-a-sign-of-cautious-optimism-says-kpmg-s-pulse-of-fintech-h2-24
2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....
https://knews.kathimerini.com.cy/en/news/cyprus-us-strengthen-military-alliance-with-special-operations-drill
The Cyprus National Guard and the United States Armed Forces recently wrapped up a joint military exercise aimed at enhancing cooperation and boosting operational readiness in special operations...
https://knews.kathimerini.com.cy/en/news/ombudswoman-raises-alarm-over-prolonged-stay-of-unaccompanied-minors-at-pournara
A total of 27 unaccompanied minors have been stranded at the Pournara Temporary Reception and Accommodation Center for an average of 90 days, despite completing all necessary procedures for their transfer, according to a report by Commissioner for Administration and Human Rights Protection, Maria Stylianou-Lottides....
https://knews.kathimerini.com.cy/en/news/putin-gives-green-light-for-western-companies-to-return-but-on-russia-s-terms
Russian President Vladimir Putin has opened the door for Western companies to return to Russia, but not without conditions....
https://knews.kathimerini.com.cy/en/news/paphos-polis-killer-road-to-become-four-lane-highway-after-years-of-delays
The long-debated Paphos-Polis Chrysochous road project is finally moving forward—with a major upgrade. What was once planned as a two-lane highway will now be a four-lane road, a move the government says will improve safety and boost economic growth in the region....
https://knews.kathimerini.com.cy/en/news/2024-global-vc-investment-rises-to-$368b-as-investor-interest-in-ai-soars
Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...
https://knews.kathimerini.com.cy/en/news/is-cyprus-public-sector-too-large-hiring-freeze-lifted-amid-rising-costs
The Cyprus government is set to fully lift the ban on hiring permanent public sector employees, marking a significant shift from austerity measures imposed over a decade ago....
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....
https://knews.kathimerini.com.cy/en/business/cyprus-energy-landscape-shifts-as-eni-total-and-kogas-withdraw-from-blocks
The energy landscape of Cyprus' exclusive economic zone (EEZ) is set for a major shift as the French-Italian-Korean consortium of Total, ENI, and Kogas prepares to exit Blocks 2, 3, and 9 at the end of January....
https://knews.kathimerini.com.cy/en/news/1-traffic-delays-expected-again-on-limassol-nicosia-highway-this-weekend
After last weekend's frustrating delays for drivers, another set of roadworks is set to affect travel this weekend on the Limassol-Nicosia motorway. ...
https://knews.kathimerini.com.cy/en/news/turkey-condemns-u-s-military-support-for-cyprus
Turkey has voiced strong opposition to the Biden administration’s recent decision to include Cyprus in three U.S. defense programs, just hours before Joe Biden handed over the presidency to Donald Trump. ...
https://knews.kathimerini.com.cy/en/news/larnaca-marina-set-for-€1-5-million-upgrade
The Council of Ministers has approved €1.5 million for the dredging and renovation of Larnaca Marina, Transport Minister Alexis Vafeades announced on Wednesday....
https://knews.kathimerini.com.cy/en/news/2024-eu-shake-up-includes-higher-schengen-visa-fees-stricter-border-checks-and-key-new-citizenship-rules
In 2024, the European Union implemented several significant changes impacting the Schengen Area and EU citizenship rules....
https://knews.kathimerini.com.cy/en/news/third-time-s-a-charm-another-prisoner-escape-rocks-cyprus-police
It seems prison breaks are becoming as common as coffee breaks in Cyprus. For the third time in recent weeks, a prisoner has managed to give police the slip—this time from Nicosia General Hospital on Tuesday afternoon....
https://knews.kathimerini.com.cy/en/news/twelve-dead-including-two-children-after-bar-fight-in-montenegro-turns-tragic
A gunman in Cetinje, Montenegro, killed 12 people, including two children, following a violent altercation at a bar, according to authorities....
https://knews.kathimerini.com.cy/en/news/u-s-army-veteran-carries-out-deadly-new-year-s-attack-in-new-orleans
What started as a night of joy and celebration in New Orleans turned into a scene of heartbreak and devastation in the early hours of January 1....
https://knews.kathimerini.com.cy/en/business/major-developments-expected-in-2025-for-vasilikos
The year 2025 is shaping up to be pivotal for the long-delayed PV terminal project in Vasilikos, following last year’s setback caused by the withdrawal of the Chinese consortium CMC. ...
https://knews.kathimerini.com.cy/en/news/road-closures-for-quantum-marathon-on-december-7-8-2024
The Quantum Nicosia Marathon will take place on Sunday, 8 December 8 2024, with over 4,000 runners participating. ...
https://knews.kathimerini.com.cy/en/news/storm-bora-sweeps-across-cyprus
The low-pressure system ''Bora'' made its way to Cyprus today, bringing widespread cloud cover, rain in several areas, and a noticeable drop in temperatures. Although not as severe as its impact on Greece, the storm has already left its mark across the island....
https://knews.kathimerini.com.cy/en/business/the-guardian-quits-x-citing-toxic-platform-and-musk-s-trump-ties
The British newspaper group The Guardian has decided to stop posting on X, formerly known as Twitter, citing concerns over what it describes as a ''toxic media platform.''...
https://knews.kathimerini.com.cy/en/news/91-year-old-woman-attacked-at-stockholm-station-bystanders-ignore-her
A 91-year-old woman was attacked at a suburban train station in Stockholm by a 26-year-old man who violently pushed her to the ground and stole her gold chain....
