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12° Nicosia,
01 July, 2025
 

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Displaying results 1-30 of 305 matches for query expenses.

1. Woman battles to save her home despite bureaucratic silence

https://knews.kathimerini.com.cy/en/business/woman-battles-to-save-her-home-despite-bureaucratic-silence

Despite never missing a payment, Elena Yasemidou is on the brink of losing her home. She's a victim, she says, of bureaucratic neglect and heartless inflexibility....

2. No tender, no permits, no problem

https://knews.kathimerini.com.cy/en/business/no-tender-no-permits-no-problem

A construction project meant to modernize part of Cyprus’ local government system is under fire after the Auditor General uncovered a series of irregularities, from bypassing public tenders to starting work without building permits or signed contracts....

3. BoC eyes bigger role in your financial future

https://knews.kathimerini.com.cy/en/business/boc-eyes-bigger-role-in-your-financial-future

Beyond its moves into the insurance sector, Bank of Cyprus is actively exploring additional ways to increase the bank’s overall value. ...

4. Despite AHK chief’s assurances, technocrats push for higher power rate hike

https://knews.kathimerini.com.cy/en/news/despite-ahk-chief-s-assurances-technocrats-push-for-higher-power-rate-hike

Even though the chairman of the Electricity Authority of Cyprus (AHK), Giorgos Petrou, recently stated that the AHK would be requesting only a modest 3% electricity price hike, the utility’s technocrats are still pushing for an increase of up to 7.5% before VAT....

5. House Speaker pushes back on claims over spending

https://knews.kathimerini.com.cy/en/news/house-speaker-pushes-back-on-claims-over-spending

In response to public scrutiny and a report by Kathimerini's Apostolos Tomaras about parliamentary expenses, House Speaker Annita Dimitriou has stepped in to defend how taxpayer money is being spent, ...

6. payabl. launches Virtual Business Cards to empower smarter business spending

https://knews.kathimerini.com.cy/en/news/payabl-launches-virtual-business-cards-to-empower-smarter-business-spending

Leading European financial technology provider, payabl. has launched its Virtual Business Cards service, a digital payment solution designed to give businesses greater control, security, and visibility over their spending....

7. ''They swore at me'': Cypriot MEP says colleague's furious over salary reveal (video)

https://knews.kathimerini.com.cy/en/news/they-swore-at-me-cypriot-mep-says-colleague-s-furious-over-his-salary-reveal

“F* you! Did you reveal it?” That’s what Cypriot MEP Fidias Panayiotou says some of his colleagues shouted at him, furious that he posted a video exposing the true extent of what Members of the European Parliament earn....

8. Despite presidential pleas, electricity bills set to rise again

https://knews.kathimerini.com.cy/en/news/despite-presidential-pleas-cyprus-electricity-bills-set-to-rise-again

Despite the president’s intervention, the Cyprus Electricity Authority (ΑΗΚ) has gotten its way once again, and consumers are set to face higher electricity bills....

9. Pensioners' union criticizes Labour Ministry for ignoring pensioners’ financial struggle

https://knews.kathimerini.com.cy/en/news/pensioners-union-criticizes-labour-ministry-for-ignoring-pensioners-financial-struggle

The Union of Cypriot Pensioners (EKYSY) has criticized the Ministry of Labour for rejecting its request to advance May pension payments, citing concerns over the financial strain caused by a prolonged gap between payments....

10. Meat and coffee prices climb as eggs and oil cool off

https://knews.kathimerini.com.cy/en/news/meat-and-coffee-prices-climb-as-eggs-and-oil-cool-off

If your grocery bill still feels heavy, you're not imagining it, especially if your basket includes meat or a bag of Cyprus coffee....

11. EAC Chairman admits project costs overstated, downplays need for tariff hike

https://knews.kathimerini.com.cy/en/news/eac-chairman-admits-project-costs-overstated-downplays-need-for-tariff-hike

The Board of Directors of the Electricity Authority of Cyprus (EAC) is set to review potential electricity tariff adjustments this week, but EAC Chairman Giorgos Petrou said he does not expect a rate increase will be necessary....

12. Major win for borrowers as court orders banks to stop using abusive loan terms

https://knews.kathimerini.com.cy/en/news/major-win-for-borrowers-as-court-orders-banks-to-stop-using-abusive-loan-terms

Thousands of borrowers across Cyprus could soon see fairer treatment from banks, thanks to a landmark court decision banning the use of abusive clauses in loan contracts....

13. €14 million in unpaid VAT? Gone.

https://knews.kathimerini.com.cy/en/business/€14-million-in-unpaid-vat-gone

Tensions ran high at the House Audit Committee on Thursday after MPs discovered that ''Blue Ocean,'' a Cyprus-based company linked to Abramovich, was dissolved in 2024 without settling a €14 million VAT bill, a debt that’s been on the books since at least 2010....

14. Cypriot MEP Fidias Panayiotou joins controversial Moscow visit on Victory Day

https://knews.kathimerini.com.cy/en/news/cypriot-mep-fidias-panayiotou-joins-controversial-moscow-visit-on-victory-day

Cypriot Member of the European Parliament Fidias Panayiotou traveled to Moscow on Friday, joining German and Slovak lawmakers in a politically sensitive visit coinciding with Russia’s Victory Day....

15. New 15% tax hits Hellenic and other banks

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....

16. New law could let parties spend over €1 million in 2026 elections

https://knews.kathimerini.com.cy/en/news/new-law-could-let-parties-spend-over-€1-million-in-2026-elections

Proposed changes to Cyprus’ electoral law, including a significant increase in campaign spending limits for parliamentary candidates, are nearing final approval ahead of the 2026 elections....

17. Surprise surprise, Cyprus near the top again in EU electricity costs

https://knews.kathimerini.com.cy/en/news/surprise-surprise-cyprus-near-the-top-again-in-eu-electricity-costs

Cyprus had the second highest electricity prices in the European Union relative to consumer purchasing power in the second half of 2024, according to new data from Eurostat, the EU’s statistical agency....

18. Shell Cyprus takes you to Monza to feel the pulse of Formula 1 in person!

https://knews.kathimerini.com.cy/en/business/shell-cyprus-takes-you-to-monza-to-feel-the-pulse-of-formula-1-in-person

oral Cyprus (Shell Licensee) is giving three lucky winners the chance to win a unique trip to Monza, Italy, to experience the thrill of the Formula 1 Grand Prix and get up close and personal with the legendary Scuderia Ferrari team!...

19. Cypriots struggle to keep up as food and energy prices climb

https://knews.kathimerini.com.cy/en/news/cypriots-struggle-to-keep-up-as-food-and-energy-prices-climb

As prices continue to rise at the supermarket and electricity bills put pressure on family budgets, more people in Cyprus are finding it harder to make ends meet....

20. Human Rights Court voices concern over migrant treatment in Cyprus

https://knews.kathimerini.com.cy/en/news/human-rights-court-voices-concern-over-migrant-treatment-in-cyprus

Cyprus has come under increased scrutiny for its handling of migration, with the Auditor General's recent report shining a light on several serious issues despite efforts to reduce illegal arrivals. ...

21. Audit exposes gaps in Health Ministry’s grant and payment systems

https://knews.kathimerini.com.cy/en/news/audit-exposes-gaps-in-health-ministry-s-grant-and-payment-systems

In a recent audit by the Auditor General on the Ministry of Health's activities for 2022 and 2023, a number of financial discrepancies and issues have come to light, particularly in the way grants were distributed and payments were handled. ...

22. Nicosia Mayor sounds alarm over city's financial crisis

https://knews.kathimerini.com.cy/en/news/nicosia-mayor-sounds-alarm-over-city-s-financial-crisis

Nicosia’s mayor, Charalambos Prountzos, has raised the alarm over the capital’s financial situation, warning that without immediate state support, the municipality will struggle to meet its obligations. ...

23. Nearly 1 in 5 households in Cyprus unable to keep homes warm

https://knews.kathimerini.com.cy/en/news/nearly-1-in-5-households-in-cyprus-unable-to-keep-homes-warm

A recent European report has shed light on a concerning issue in Cyprus: nearly one in five households is struggling to keep their homes warm....

24. AI Auditing or Auditing AI? Ensuring Accountability and Trust

https://knews.kathimerini.com.cy/en/news/ai-auditing-or-auditing-ai-ensuring-accountability-and-trust

As artificial intelligence (AI) systems are used more and more in core business models in multiple sectors such as finance, healthcare, technology, and human resources, ensuring their transparency, fairness, integrity and reliability is paramount....

25. Cyprus' economic growth faces challenges, lenders highlight key concerns

https://knews.kathimerini.com.cy/en/business/cyprus-economic-growth-faces-challenges-lenders-highlight-key-concerns

The Cypriot economy is showing strong signs of growth, with GDP expected to rise by over 3% and unemployment dropping below 5% in 2024. Private consumption continues to play a key role in driving this growth. ...

26. Cyprus farmers face ruin as drought devastates crops

https://knews.kathimerini.com.cy/en/news/cyprus-farmers-face-ruin-as-drought-devastates-crops

Cypriot farmers are staring down a bleak future as a third consecutive year of drought wreaks havoc on their crops. Many now face tough decisions, with some fearing financial ruin as their fields dry up and their harvests fail....

27. Calls for resignation of SHSO board amid growing healthcare concerns

https://knews.kathimerini.com.cy/en/news/calls-for-resignation-of-shso-board-amid-growing-healthcare-concerns

The resignation of the Board of Directors of the Cyprus Health Services Organization was demanded today during a Parliamentary Health Committee meeting discussing the 2025 budgets for SHSO and the Health Insurance Organization....

28. British couple stranded in north Cyprus with twins finally departs

https://knews.kathimerini.com.cy/en/news/british-couple-stranded-in-north-cyprus-with-twins-amid-surrogacy-probe

A British same-sex couple who had been stranded in the occupied territories of Cyprus with their newborn twins have finally departed, as authorities continue to investigate a Limassol-based clinic suspected of offering surrogacy services without proper licences....

29. Cyprus banks hit record high profits despite ECB rate cuts

https://knews.kathimerini.com.cy/en/business/cyprus-banks-hit-record-high-profits-despite-ecb-rate-cuts

Despite the European Central Bank (ECB) preparing for its sixth interest rate cut since June 2023, bank profits in Cyprus have soared, marking two consecutive years of record earnings. ...

30. Vasilikos project needs another €200 million—will it ever be finished?

https://knews.kathimerini.com.cy/en/business/vasilikos-project-needs-another-€200-million—will-it-ever-be-finished

The ambitious Vasilikos gas terminal project in Cyprus is facing significant financial and logistical hurdles, with an additional €200 million needed to complete construction. ...

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