https://knews.kathimerini.com.cy/en/news/officials-downplay-drone-risk-off-paphos
Cypriot officials dismiss reports that say Turkish drones had interfered with flight paths of commercial airplanes taking off or landing at Paphos airport...
https://knews.kathimerini.com.cy/en/news/brexit-plans-at-breaking-point
The British parliament voted on Wednesday to prevent Prime Minister Boris Johnson taking Britain out of the European Union without a deal on Oct. 31, but rejected his first bid to call a snap election two weeks before the scheduled exit...
https://knews.kathimerini.com.cy/en/news/brexit-no-deal-preparedness-final-commission-call-to-all-eu-citizens-and-businesses
With 8 weeks to go until the United Kingdom's withdrawal from the European Union on 31 October 2019, the Commission has today – in its 6th Brexit preparedness Communication – reiterated its call on all stakeholders in the EU27 to prepare for a ‘no-deal' scenario. In light of the continued uncertainty in the United Kingdom regarding the ratification of the Withdrawal Agreement – as agreed with the UK government in November 2018 – and the overall domestic political situation, a ‘no-deal' scenario on 1 November 2019, remains a possible, although undesirable, outcome...
https://knews.kathimerini.com.cy/en/news/johnson-demands-october-15-election-after-defeat-over-brexit
British Prime Minister Boris Johnson on Wednesday demanded an Oct. 15 snap election after lawmakers seeking to prevent a no-deal Brexit dealt him a humiliating defeat in parliament which he cast as an attempt to surrender to the European Union...
https://knews.kathimerini.com.cy/en/news/escrow-account-the-key-to-cyprus-eez
Kathimerini reports that President Anastasiades, in an effort to de-escalate tensions in the Cypriot exclusive economic, proposed the creation of an escrow account that would safeguard the Turkish Cypriot community's share from the natural gas proceeds...
https://knews.kathimerini.com.cy/en/news/churchill-s-grandson-to-be-expelled-from-conservative-party
Nicholas Soames, the grandson of Britain’s World War Two leader Winston Churchill, will be expelled from the Conservative Party after voting against Prime Minister Boris Johnson on Brexit...
https://knews.kathimerini.com.cy/en/news/close-to-an-understanding-says-spokesman
UN envoy Jane Holl Lute continues her contacts with the two sides on the island, in order to secure the terms of reference that would lead to the resumption of the talks for a solution. Lute met with the leaders, namely President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci three times since she arrived on the island last week. A fresh meeting with the President is schedule for Wednesday, 915 am local time...
https://knews.kathimerini.com.cy/en/comment/opinion/singing-from-the-same-hymn-sheet
I feel that the success of the New Democracy administration will largely depend on Premier Kyriakos Mitsotakis’ ability to strike a balance between the two camps...
https://knews.kathimerini.com.cy/en/news/as-prospect-of-election-looms-mps-begin-no-deal-brexit-battle
UK lawmakers will decide on Tuesday whether to shunt Britain towards a snap election when they vote on the first stage of their plan to block Prime Minister Boris Johnson from pursuing a no-deal Brexit.
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https://knews.kathimerini.com.cy/en/news/nicosia-says-terms-of-reference-are-within-reach
Government Spokesman, Prodromos Prodromou, said on Monday that it seems that there is justified hope and ground for the formulation of the terms of reference that would pave the way for the resumption of the negotiations on the Cyprus problem.
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https://knews.kathimerini.com.cy/en/news/estia-scheme-kicks-in-for-eligible-borrowers
The Estia plan aimed at boosting borrowers’ ability to repay their defaulted loans went into effect on Monday, as the Cypriot government embarks on a scheme to subsidize repayments of restructured loans...
https://knews.kathimerini.com.cy/en/news/lute-holds-follow-up-meetings
A UN effort on Sunday to sound out the two Cypriot leaders in a possible way forward in resuming peace talks is set to continue Monday with the follow-up meetings...
https://knews.kathimerini.com.cy/en/news/waters-summer-mission-reaches-cyprus
California Congresswoman Maxine Waters is on summer recess trip to Europe with a US special delegation on a mission meeting with officials in Switzerland and Cyprus...
https://knews.kathimerini.com.cy/en/news/cypriots-to-name-exoplanet-this-year
Members of the public in 100 countries, including Cyprus, will soon have an opportunity to vote on a name to be given to an exoplanet by the end of the year...
https://knews.kathimerini.com.cy/en/business/scope-rates-cyprus-with-bbb
Scope Ratings affirmed last week the Republic of Cyprus’ BBB- long-term issuer and senior unsecured local- and foreign-currency ratings, along with a short-term issuer rating of S-2 in both local and foreign currency, noting that all outlooks are stable...
https://knews.kathimerini.com.cy/en/news/standstill-over-disputed-waters-in-akamas
A recent boating incident has highlighted a local controversy in Akamas, where a leisure boat captain is at odds with visitors and authorities over his speedboats pulling too close to bathers...
https://knews.kathimerini.com.cy/en/news/family-cries-foul-over-post-mortem
The family of an elderly woman, who died in the Emergency Room at Larnaca General last week, is preparing to sue the government for negligence and obstruction of medical justice...
https://knews.kathimerini.com.cy/en/news/rhetoric-cranked-up-over-money-laundering-story
The Presidential Palace is fighting back against criticism over claims that President Anastasiades’ law firm was involved in a network of shell companies that laundered billions out of Russia...
https://knews.kathimerini.com.cy/en/news/us-congresswoman-on-a-money-trail-to-cyprus
A US Congress delegation is set to visit Cyprus to hold meetings on financial matters, led by Chairwoman Maxine Waters who vowed earlier this year to conduct oversight hearings into financial dealings of the US president...
https://knews.kathimerini.com.cy/en/news/brussels-piles-on-pressure-over-greece-cyprus-israel-electricity-cable
Just when the Greek Energy Minister thought he could take a short August break, after a hectic first 30 days of the Mitsotakis administration, a stern warning from Brussels has exposed the wavering attitude that Athens has chosen by succumbing to pressure from the Chinese-controlled transmission system operator ADMIE over the Attica-Crete subsea electricity cable...
https://knews.kathimerini.com.cy/en/news/common-interest-for-talks-but-disagreements-on-serious-issues-remain
President Anastasiades said that there is a positive climate and a common basis on which the talks for a Cyprus settlement can take place, noting, at the same time, that disagreements on serious issues remain, but there is an agreement that differences cannot be bridged without dialogue.
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https://knews.kathimerini.com.cy/en/comment/opinion/authoritarian-divisive-hard-right
A few days ago, the New York Times published an opinion piece on political developments in Greece on its front page in which the author denounced the return to power of the “hard” right under the leadership of an “authoritarian” prime minister with “anti-democratic instincts.”
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https://knews.kathimerini.com.cy/en/news/interview-with-endy-zemenides
Ever since Joe Biden declared that Cyprus was a “strategic partner” of the United States, people have been trying to identify substance behind those words. There has been a similar search of what “best relations ever” between the U.S. and Greece means...
https://knews.kathimerini.com.cy/en/business/moody-s-expects-deleveraging-to-resume-but-warns-over-small-economy-and-high-level-of-debt
The credit profile of Cyprus reflects its small but wealthy economy, improved economic resilience and the government`s fiscal outperformance in the wake of the country`s banking crisis, Moody's Investors Service has said in an annual report.
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https://knews.kathimerini.com.cy/en/news/greek-pm-in-charm-offensive-aiming-to-ease-primary-surplus-targets
Prime Minister Kyriakos Mitsotakis is planning a series of trips abroad toward the end of this month and next, hoping to convince Greece’s creditors of the recently elected government’s commitment to reforms and to lay the groundwork for reducing demanding primary surplus targets agreed under the country’s post-bailout agreement....
https://knews.kathimerini.com.cy/en/business/business-leaders-reject-proposal-for-corporate-tax-rate-increase
We will not proceed with the increase in the corporate tax rate said Finance Minister Haris Georgiades, shortly after business leaders rejected his proposal
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https://knews.kathimerini.com.cy/en/comment/opinion/substantive-debate-and-ministers-who-listen
All of the participants on the Committee for Public Administration need to be applauded for the outcome. The former minister of administrative reform in the SYRIZA government, Mariliza Xenogiannakopoulou, publicly lauded the stance of State Minister George Gerapetritis, stressing that he showed a very creative and positive mood.
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https://knews.kathimerini.com.cy/en/business/government-in-talks-with-businesses-to-raise-corporate-tax-rate
Finance Minister Haris Georgiades confirmed reports that the government plans to increase the corporate tax rate from 12.5% to 15%...
https://knews.kathimerini.com.cy/en/news/consultations-ahead-of-anastasiades-akinci-meeting
President Nicos Anastasiades will be holding meetings and consultations with FM Christodoulides and former FM Kasoulides today and Thursday, ahead of his meeting with Turkish Cypriot leader Mustafa Akinci, set for Friday at 10:30am local time...
https://knews.kathimerini.com.cy/en/news/foreclosure-legislation-unconstitutional
The latest piece of legislation on foreclosures which was approved last Friday is unconstitutional...