https://knews.kathimerini.com.cy/en/news/middle-east-conflict-fuels-fear-of-$100-per-barrel
The recent Iranian attack on Israel serves as a stark reminder of the ever-shifting geopolitical dynamics in the Middle East, with potential ramifications extending......
https://knews.kathimerini.com.cy/en/news/commonwealth-leaders-forge-path-to-ocean-sustainability
On Friday, April 19, 2024, Limassol will host the inaugural ministerial summit for the Oceans of the Commonwealth States....
https://knews.kathimerini.com.cy/en/news/cyprus-revokes-asylum-apps-of-syrians-travelling-via-occupied-areas
Following a meeting of the National Security Council at the Presidential Palace, Interior Minister Konstantinos Ioannou announced the immediate revocation...
https://knews.kathimerini.com.cy/en/news/european-elections-add-twist-to-cyprus-polls
On June 9, Cyprus goes to the polls in the most complicated elections in its history as the European elections and the local government elections are held in parallel, following the reform passed by the Parliament....
https://knews.kathimerini.com.cy/en/news/israel-fast-tracks-sea-interconnector-project
Israel’s authorities requested the acceleration of procedures for the implementation of the Great Sea Interconnector project (Greece-Cyprus-Israel), in the section of the Cyprus-Israel power linkup....
https://knews.kathimerini.com.cy/en/news/construction-at-cape-greco-monastery-marches-on-despite-municipal-opposition
After facing criticism for inaction over the construction of a monastery in the Natura area of Cape Greco, Mayor Christos Zannetos of Ayia Napa addressed the situation before the Parliamentary Environment Committee....
https://knews.kathimerini.com.cy/en/news/cyprus-revamps-school-curriculum-to-address-financial-literacy-gap
In response to concerns over low financial literacy rates among Cypriots, highlighted in studies including the Central Bank's 2021 report, efforts to address the issue have been reignited. ...
https://knews.kathimerini.com.cy/en/news/audit-exposes-serious-issues-in-collecting-unpaid-taxes-in-cyprus
An audit report from the Tax Department for 2022 has uncovered a staggering accumulation of over €2.5 billion in arrears, with €1 billion considered unsecure due to delays in necessary measures, the Audit Service revealed....
https://knews.kathimerini.com.cy/en/news/finance-minister-extends-rent-program-to-assist-more-homeowners
The Cabinet has approved an expansion of beneficiaries for the Rent Relief Program against Installments, announced Finance Minister Makis Keravnos after the body's session.
...
https://knews.kathimerini.com.cy/en/news/erdogan-s-worries-mount-as-opposition-claims-victory-in-key-cities
There's a palpable sense of satisfaction among the opposition, resonating with a significant portion of the populace, following Sunday's electoral outcome in Istanbul and other major Turkish cities....
https://knews.kathimerini.com.cy/en/news/government-implements-measures-to-alleviate-rising-prices
In response to concerns over price hikes, the government has unveiled a set of targeted and broad-ranging measures aimed at alleviating financial strain for citizens. ...
https://knews.kathimerini.com.cy/en/news/finance-ministry-to-shield-vulnerable-homes-from-price-hikes
The forthcoming measures are set to target specific areas, not just spread thinly across the board, in the fight against rising prices....
https://knews.kathimerini.com.cy/en/news/cyprus-grapples-with-€80-million-surge-in-state-budget-deficit-for-2023
The state budget deficit for 2023 increased by €80 million compared to the deficit recorded in 2022, according to the Fiscal Report of the Republic of Cyprus for 2023, submitted to the House of Representatives....
https://knews.kathimerini.com.cy/en/news/government-mulls-support-extension-amidst-rising-costs
The Council of Ministers convenes on Thursday for an extraordinary session to approve a new package of targeted measures to alleviate pressures from price hikes....
https://knews.kathimerini.com.cy/en/news/europe-s-ambitious-plan-to-reignite-economic-engines
As Europe endeavours to uphold its competitiveness amidst economic rivals, its politicians believe they hold a concealed asset: the savings of its citizens, which remain unused and dormant....
https://knews.kathimerini.com.cy/en/news/finance-minister-unveils-plan-to-end-multiple-pensions-for-mps
The government aims for a complete abolition of multiple pensions for state officials and members of parliament through a proposal encompassing two bills.
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https://knews.kathimerini.com.cy/en/news/labor-minister-discusses-cost-of-living-allowance-for-cyprus
In an interview with Oriana Papantoniou, Minister of Labor and Social Insurance Yiannis Panayiotou highlighted the significant strides made during his first year in office, emphasizing a people-centric approach to governance. ...
https://knews.kathimerini.com.cy/en/news/cyprus-ends-fuel-tax-break-prices-set-to-spike-from-april-1st
Starting April 1st, the reduced consumption tax on fuels (95-octane gasoline and diesel) will come to an end, reverting to 8.3 cents per liter for gasoline and 6.3 cents per liter for heating oil....
https://knews.kathimerini.com.cy/en/news/amalthea-talks-gather-more-than-40-nations-for-gaza-route
Minister of Foreign Affairs, Constantinos Kombos, announced that representatives from over 40 countries will meet in Cyprus on March 21st to discuss the operational coordination......
https://knews.kathimerini.com.cy/en/news/president-to-announce-game-changing-upgrades-to-higher-ed
In May the Government will announce its strategy for upgrading higher education, the President of the Republic, Nikos Christodoulides said on Tuesday, addressing an event organized by the University of Nicosia. He said that a total of five ministries will be involved in this new strategy....
https://knews.kathimerini.com.cy/en/news/cyprus-paves-the-way-in-its-ambitious-road-infrastructure-agenda
In an exclusive interview with Maria Eracleous of ''K,'' Eleftherios Eleftheriou, Director of Cyprus's Public Works Department, provided updates on critical infrastructure projects across the island nation....
https://knews.kathimerini.com.cy/en/news/cyprus-praises-eu-financial-plan-for-2025
The joint statement on the orientation of the eurozone’s fiscal policy for 2025 satisfies Cyprus as it validates the cautious and conservative fiscal policy that Cyprus has followed so far, Minister for Finance Makis Keravnos said in Brussels, where he was attending the meeting of the Eurogroup on Monday....
https://knews.kathimerini.com.cy/en/business/energy-minister-calls-for-eu-solar-bank-to-energize-solar-industry
In a proposal during the EU Council of Transport, Telecommunications, and Energy yesterday, Cypriot Minister of Energy, Commerce, and Industry George Papanastasiou...
https://knews.kathimerini.com.cy/en/news/turkey-s-february-inflation-hits-67-07-raises-policy-concerns
Turkey's annual inflation rate surged to 67.07% in February, surpassing expectations and sustaining pressure for a stringent monetary policy. Finance Minister Mehmet Simsek acknowledged that inflation would remain high in the coming months due to base effects and the delayed impact of previous rate hikes....
https://knews.kathimerini.com.cy/en/news/eib-turns-down-funding-for-great-sea-interconnector-project
The European Investment Bank (EIB) has declined to finance the Great Sea Interconnector project, linking Cyprus, Greece, and Israel. Kyriakos Kakouris, EIB Vice President, confirmed the decision, stating that no new funding request has been submitted by the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/eib-explores-cyprus-collaboration-for-economic-growth
European Investment Bank (EIB) Vice President Kyriakos Kakouris is on a visit to Cyprus, engaging in meetings with Cypriot officials....
https://knews.kathimerini.com.cy/en/news/government-now-implements-preemptive-checks-on-companies
In a decision announced by Finance Minister Makis Keraunos on Tuesday, the Cabinet approved the establishment of a unified regulatory authority for companies offering administrative services.
...
https://knews.kathimerini.com.cy/en/news/president-christodoulides-prepares-cyprus-for-new-sanctions-unit
The Council of Ministers will shortly approve the new National Sanctions Impelmentation Unit, Cyprus President Nikos Christodoulides said on Sunday, stressing that there can be no discussion when it comes to sanctions violation and the country’s image abroad.
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https://knews.kathimerini.com.cy/en/business/ey-seminar-explores-green-tax-impact-on-businesses
EY Cyprus Academy of Learning and Development Organized a Seminar on Sustainability and Green Taxes Affecting Business – As – Usual: The EU Role of Cyprus.
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https://knews.kathimerini.com.cy/en/news/labour-minister-eyes-growth-and-jobs-ahead
The Minister of Labour and Social Insurance, Yannis Panayiotou, notes a common approach for the development of the economy between the Government and the business community......
