https://knews.kathimerini.com.cy/en/news/government-launches-mortgage-subsidy-to-ease-inflation-s-grip
The government of Cyprus is stepping up to help homeowners struggling with rising interest rates and inflation....
https://knews.kathimerini.com.cy/en/news/stella-michaelidou-aids-ngo-president-arrested-in-alleged-€122k-fraud-case
Police have arrested Stella Michaelidou, the 66-year-old president of the Support Centre for People Living with HIV/AIDS (K.Y.F.A.A.), amid serious financial fraud charges....
https://knews.kathimerini.com.cy/en/news/charity-president-arrested-in-€120-000-fraud-case
Police have arrested a 66-year-old woman, the president of an NGO supporting patients with a specific disease, over allegations of financial fraud exceeding €120,000. The arrest took place on the evening of Monday, December 9, following a court warrant....
https://knews.kathimerini.com.cy/en/business/money-transfers-in-10-seconds-coming-to-cyprus
Starting on January 9, 2025, Cyprus will join the rest of the SEPA zone (33 countries) in offering instant bank transfers, revolutionizing how payments are made....
https://knews.kathimerini.com.cy/en/news/explore-the-sweet-side-of-cyprus-on-world-mountain-day
This December 11th, Cyprus invites locals and tourists to celebrate World Mountain Day 2024 by exploring its majestic Troodos Mountains and discovering the island’s rich biodiversity, culture, and local products. ...
https://knews.kathimerini.com.cy/en/news/commission-approves-€2-6-million-agreement-with-undp-to-advance-cmp-efforts
The European Commission has entered into a €2.6 million partnership with the United Nations Development Programme (UNDP) to enhance the efforts of the Committee on Missing Persons in Cyprus (CMP)....
https://knews.kathimerini.com.cy/en/news/astromeritis-evrychou-motorway-on-track-for-completion-by-2025-says-transport-minister
he long-awaited Astromeritis-Evrychou motorway project, a key initiative connecting the Troodos region with Nicosia, is steadily advancing toward completion, according to Cyprus's Minister of Transport, Communications, and Works, Alexis Vafeadis....
https://knews.kathimerini.com.cy/en/news/ministry-mulls-subsidies-for-vulnerable-boat-owners-amid-marina-fee-dispute
The Ministry of Transport, Communications, and Works is considering subsidies for "vulnerable" boat owners, sparking a mix of curiosity and skepticism over who qualifies as "vulnerable" in this context....
https://knews.kathimerini.com.cy/en/news/nationally-funded-research-project-dynamo-to-redefine-energy-sharing-within-communities
The first meeting of the consortium for the DYNAMO project (Decentralized Energy Management Platform for Smart Communities) was recently held, launching the project which aims to redefine energy sharing and transactions within communities....
https://knews.kathimerini.com.cy/en/news/debate-intensifies-over-proposed-5-tax-on-bank-profits-in-cyprus
According to a report by Panayiotis Rougalas in today's 'Oikonomiki', a controversial proposal to introduce a 5% tax on bank profits in Cyprus is racing against time to be debated in Parliament before the Christmas recess....
https://knews.kathimerini.com.cy/en/news/vietnamese-tycoon-can-avoid-death-penalty-by-repaying-$9-billion
Truong My Lan, a 68-year-old property tycoon from Vietnam, has been sentenced to death for embezzling a staggering $27 billion in one of the country's largest fraud cases....
https://knews.kathimerini.com.cy/en/news/nicosia-aims-to-become-tourism-and-investment-hub
Nicosia’s aspirations to become a vibrant hub for tourism and investment were showcased at the Annual General Meeting of the Nicosia Region Tourism Development and Promotion Company (LTO), held yesterday at the Old Town Hall....
https://knews.kathimerini.com.cy/en/news/thousands-rally-in-tbilisi-for-fifth-night-as-pm-condemns-pro-european-protests
For the fifth night in a row, thousands of demonstrators filled the streets of Tbilisi, Georgia’s capital, protesting the government’s recent decision to suspend its pursuit of European Union (EU) membership....
https://knews.kathimerini.com.cy/en/business/cybersecurity-and-ict-risks-emerge-as-leading-drivers-of-operational-risk
Geopolitical tensions have significantly increased operational risks, particularly in the areas of cyber and digital threats, as well as risks related to money laundering and sanctions compliance....
https://knews.kathimerini.com.cy/en/business/major-companies-eye-cyprus-as-european-hq-says-annual-securities-report
The President of Cyprus, Nicos Christodoulides, met with the Cyprus Securities and Exchange Commission (CySEC) at the Presidential Palace to receive their 2023 annual report. ...
https://knews.kathimerini.com.cy/en/business/november-newsletter-of-k-treppides-co-ltd-28-11-2024
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-schengen-conundrum-amid-unresolved-division
Cyprus remains caught in a political and logistical bind as Bulgaria and Romania prepare to join the Schengen free-movement area on January 1, 2025, according to a report by Kathimerini's Pavlos Xanthoulis....
https://knews.kathimerini.com.cy/en/news/the-greek-orthodox-priest-at-the-center-of-anti-woke-education
The ideological conflict in the US has shifted from a traditional left-versus-right divide to a new dichotomy: “woke” versus “anti-woke.”...
https://knews.kathimerini.com.cy/en/news/court-hands-down-stiff-sentences-in-major-extortion-and-embezzlement-case
In a significant move against financial crime, the Criminal Court in Larnaca has handed down tough sentences to two men involved in an elaborate scheme of extortion, embezzlement, and money laundering. ...
https://knews.kathimerini.com.cy/en/news/vatican-faces-pension-crisis-despite-its-wealth
Pope Francis made a surprising announcement this week, revealing that the Vatican's pension fund is in serious trouble and might not be able to pay pensions in the future unless big changes are made....
https://knews.kathimerini.com.cy/en/news/ex-official-sued-over-fraud-allegations-and-damaging-audit-report
A legal battle has erupted in Cyprus, with the former Commissioner for the Development of Mountain Communities, Giannakis Papadouris, and V.V. Lampadistis Wineries Limited filing a lawsuit against Odysseus Michaelides....
https://knews.kathimerini.com.cy/en/news/cyprus-secures-€115-million-in-second-payment-under-eu-recovery-plan
Cyprus has received its second payment under the EU's Recovery and Resilience Facility (RRF), with €115 million granted after successfully fulfilling 37 out of 38 agreed milestones....
https://knews.kathimerini.com.cy/en/news/22-million-users-cut-off-as-europe-s-largest-piracy-ring-busted
In a sweeping operation spanning multiple countries, Italian police dismantled a massive illegal streaming network that served more than 22 million users across Europe. Dubbed ''Operation Takendown''...
https://knews.kathimerini.com.cy/en/business/cyprus-receives-major-credit-rating-boost-from-moody-s
Last Friday, Moody’s delivered a major endorsement of Cyprus’ economic progress, upgrading its credit rating by two notches, from Baa2 to A3, with a stable outlook, according to a report by Panayiotis Rougalas. ...
https://knews.kathimerini.com.cy/en/comment/opinion/limassol-s-growth-deserves-equal-support
Who is driving development projects in Limassol, and how far have they progressed? Who decides how state development funds are allocated, and based on what criteria?...
https://knews.kathimerini.com.cy/en/news/cyprus-steps-up-efforts-to-protect-vultures-with-marked-power-lines
In a bid to protect Cyprus’ endangered vultures and other large bird species, the Game and Wildlife Service and the Cyprus Electricity Authority (CEA) have teamed up to mark 12.5 kilometers of overhead power lines....
https://knews.kathimerini.com.cy/en/news/israeli-embassy-slams-icc-s-arrest-warrants-for-netanyahu-and-gallant
In a strong rebuttal to the International Criminal Court's (ICC) recent arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant, the Israeli Embassy in Cyprus accused the court of undermining its own credibility and legitimacy....
https://knews.kathimerini.com.cy/en/business/primary-residence-and-the-benefit-of-5-reduced-vat-rate
Nowadays having your own permanent residence is a must, however the cost for the acquisition or construction of a house/apartment has significantly increased in the last few years....
https://knews.kathimerini.com.cy/en/business/eib-president-nadia-calvino-to-visit-cyprus-for-talks-and-office-opening
Nadia Calviño, the President of the European Investment Bank (EIB), is set to make her first official visit to Cyprus on Friday, November 22, where she will open the new EIB Group office and hold talks with Cypriot leaders....
https://knews.kathimerini.com.cy/en/news/are-you-driving-an-unsafe-car-gaps-in-recall-alerts-spark-concern-in-cyprus
Car safety in Cyprus is under the spotlight as gaps in the vehicle recall system are leaving drivers unknowingly at risk. ...