https://knews.kathimerini.com.cy/en/news/top-cyprus-football-clubs-face-big-tax-bills-risking-legal-trouble
Football clubs in Cyprus are facing mounting pressure from the Tax Department to settle their overdue debts. ...
https://knews.kathimerini.com.cy/en/news/depositors-affected-by-2013-banking-crisis-to-be-compensated-in-may
Cypriots who lost their savings during the 2013 banking crisis will finally begin receiving compensation this May, according to Finance Minister Makis Keravnos. ...
https://knews.kathimerini.com.cy/en/news/historic-italian-island-faces-sotheby-s-auction-unbeknownst-to-local-residents
Local residents of Bacoli, near Naples, were left stunned and disheartened when it was announced that the historic Punta Pennata island is being auctioned off by Sotheby’s. ...
https://knews.kathimerini.com.cy/en/news/biden-announces-$770-payments-for-california-wildfire-victims
In an effort to provide swift relief to those affected by California's devastating wildfires, President Joe Biden announced one-time payments of $770 for victims....
https://knews.kathimerini.com.cy/en/news/kasselakis-to-stand-trial-over-asset-declaration-violation
Stefanos Kasselakis, leader of the Movement for Democracy and former president of SYRIZA, is set to appear before the Athens Misdemeanor Court on May 8...
https://knews.kathimerini.com.cy/en/news/traffic-violations-from-2022-and-2023-may-be-invalid-lawyer-says
If you’ve been caught on camera for a traffic violation in Cyprus and haven’t received an out-of-court notice or seen your case brought to court within 12 months, your offence may no longer be valid....
https://knews.kathimerini.com.cy/en/business/investor-scammed-out-of-$58-000-in-cryptocurrency-fraud
The promise of easy profits through online investments lured a 50-year-old man into a sophisticated cryptocurrency scam, resulting in the loss of $58,000....
https://knews.kathimerini.com.cy/en/business/december-newsletter-of-k-treppides-co-ltd-27-12-2024
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/life/cyprus-police-raise-funds-for-hope-for-children
On Thursday, members of the Vulnerable Persons Investigation Unit (ΥΔΥΕΠ) donated €1,427 to Hope for Children, an organization that supports children in need....
https://knews.kathimerini.com.cy/en/news/when-does-the-renewal-of-traffic-permits-start
The process of renewing vehicle registration permits for the year 2025 starts in a few days via the Department of Road Transport's website....
https://knews.kathimerini.com.cy/en/business/december-newsletter-of-k-treppides-co-ltd-13-12-2024
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/comment/opinion/cyprus-greece-market-overview-2023-2024-and-projections-for-2025-and-beyond
The market underwent significant changes from mid-2023 onwards due to several global and regional factors....
https://knews.kathimerini.com.cy/en/news/paphos-mayor-sounds-alarm-over-suspected-€30m-gesy-fraud
The mayor of Paphos, Phedonas Phedonos, has raised serious concerns about the possible misuse of public funds related to the medical procedure known as neurolysis....
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/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/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/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/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/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/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. ...
https://knews.kathimerini.com.cy/en/news/greek-workers-strike-over-rising-costs-and-low-wages
Greek workers are currently on strike today, Wednesday, causing disruptions at ports, and on buses and trains. The nationwide strike, which includes transport workers, doctors, teachers, and construction workers, is a protest against rising living costs and demands for higher wages....
https://knews.kathimerini.com.cy/en/business/laiki-bank-liquidator-raises-€90-8-million-for-depositor-compensation
According to a report by Panayiotis Rougalas in this Sunday's Kathimerini, the liquidator of the former Laiki Bank, Avgoustinos Papathomas, has achieved a key milestone in efforts to compensate creditors, particularly depositors who lost money during the bank’s 2013 collapse....
https://knews.kathimerini.com.cy/en/news/€10-000-raised-at-eureka-marseille-charity-fashion-show-for-preventive-pediatrics
The ''Eureka Marseille Charity Fashion Show'' was held with great success on November 14, 2024, at the Royal Hall in Nicosia, where the venue was packed with attendees. ...
https://knews.kathimerini.com.cy/en/business/bank-workers-union-sets-sights-on-big-move-in-bank-of-cyprus
Last Thursday, the Cyprus Bank Employees' Association (CBA) announced it had sold its shares in Hellenic Bank to Eurobank, but already, reports suggest ETYK, the Cyprus banking employees’ union, is eyeing its next investment....
https://knews.kathimerini.com.cy/en/business/fired-paphos-polis-road-contractor-wants-€35-million-payout
The Cyprus government has formally terminated its contract with Intrakat, a Greek construction company, for the long-awaited Paphos-Polis Chrysochous motorway, citing severe delays and excessive demands from the contractor....
