https://knews.kathimerini.com.cy/en/news/cyprus-approves-€361m-supplementary-budget-for-2023
With criticism against the government's agreement for the purchase of the Metropolitan building, which will house the Ministry of Labor and Social Insurance, the Plenary of the House of Representatives approved the supplementary state budget amounting to €361 million....
https://knews.kathimerini.com.cy/en/news/applications-open-for-rent-in-exchange-program
"The submission of applications for the 'Rent in Exchange for Installment' program will begin in October," said Ioanna Markidou, Chief Economist A' at the Ministry of Finance, in a statement to CNA....
https://knews.kathimerini.com.cy/en/news/desperation-or-strategy-the-drugged-soldiers-of-russia
Russia has taken to chemically lowering its soldiers' inhibitions to guarantee these ill-trained civilians and convicts continue to fight no matter the odds in the ongoing war in Ukraine, according to a UK defense think tank....
https://knews.kathimerini.com.cy/en/news/union-protests-erupt-at-city-of-dreams-mediterranean
Europe's first integrated resort aims to enhance the country's tourism offerings and establish itself as a major hub for business and conference tourism, as reported by Philenews....
https://knews.kathimerini.com.cy/en/news/proposed-foreclosure-reforms-spark-debate-in-cyprus
Three proposals will be discussed at the last Plenary Session of the House of Representatives before the summer recess, along with three scenarios regarding the outcome of the foreclosure framework....
https://knews.kathimerini.com.cy/en/news/over-40-000-unpaid-fines-await-court-action
The photo-enforcement system using traffic cameras still has not resulted in any unpaid violators' cases reaching the court, according to a report on Philenews....
https://knews.kathimerini.com.cy/en/news/sweden-s-nato-membership-hangs-in-the-balance-as-turkey-poses-last-minute-hurdle
The developments surrounding Sweden’s NATO membership are rapidly unfolding, with indications pointing towards an imminent announcement of an agreement during the Vilnius summit held on July 11-12. However, there remains the possibility that Turkey may disrupt the proceedings at the last moment....
https://knews.kathimerini.com.cy/en/news/eu-commission-proposes-digital-euro-as-cash-alternative
Digital currencies have grown in popularity. Unlike bitcoin, the digital euro would be a central bank digital currency (CBDC), essentially, electronic cash. ...
https://knews.kathimerini.com.cy/en/news/greek-side-rules-out-‘partitionist-solutions-in-cyprus
We will not accept, in any way, faits accomplis on the ground, Greek Foreign Minister, Georgios Gerapetritis, said on Tuesday, after a meeting in Nicosia with his Cypriot counterpart, Constantinos Kombos, noting that reaching a just solution to the Cyprus problem was Greece's 'top national priority'. Kombos said Nicosia will never accept partitionist solutions
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https://knews.kathimerini.com.cy/en/news/approval-of-additional-budget-at-risk-due-to-parking-problems
The approval of the first supplementary budget for 2023, amounting to 361 million euros, may face obstacles due to the lack of adequate parking spaces at the new Ministry of Labor building....
https://knews.kathimerini.com.cy/en/comment/opinion/nicosia-s-push-to-involve-eu-in-cyprus-problem
When last March, as usual, newly elected President Christodoulides visited Athens in his new capacity as the Greek Prime Minister, the news of the establishment of a "supreme body of institutional coordination between Greece and the Republic of Cyprus" made big headlines, at least in the news....
https://knews.kathimerini.com.cy/en/news/russia-to-close-investigation-into-mercenary-led-rebellion
Russian authorities said Tuesday they have closed a criminal investigation into the aborted armed rebellion led by mercenary chief Yevgeny Prigozhin and are pressing no charges against him or his troops....
https://knews.kathimerini.com.cy/en/news/ministry-launches-summer-public-schools-program
The Ministry of Education, Sports, and Youth (MESY) has officially announced the commencement of the "Summer Public Schools (SPS) Programme" today, marking the beginning of a five-week initiative that will run until July 28, 2023. ...
https://knews.kathimerini.com.cy/en/news/president-s-commitment-to-empower-justice-in-cyprus
The existence of an independent, strong, and efficient judicial system is the greatest guarantor of the rule of law and the supremacy of the Law, Cyprus President Nikos Christodoulides said on Thursday, while addressing an event at the Supreme Court on the occasion of the implementation of the justice reform laws and the swearing in of the judges of the newly established Court of Appeal....
https://knews.kathimerini.com.cy/en/news/imf-says-cyprus-untouched-by-war-fallout
The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...
https://knews.kathimerini.com.cy/en/business/ayia-napa-marina-expands-with-exciting-new-additions
Ayia Napa Marina, renowned as the island's premier entertainment hotspot, is set to enhance its offerings with the addition of selected stores and brands in the shopping zone. The new establishments, expected to open in June, aim to provide visitors with even more choices to satisfy their every need and taste....
https://knews.kathimerini.com.cy/en/news/school-bus-safety-32-complaints-only-this-year
The House Transport Committee scrutinized the safety of buses, particularly those transporting students and citizens, during its session on Thursday, May 25. ...
https://knews.kathimerini.com.cy/en/comment/opinion/real-estate-a-closer-look-at-prices-and-rental-trends
With the chapter on imposing a reduced VAT rate of 5% on primary residences as a social policy measure finally moving towards resolution, an unresolved issue that has been lingering in the real estate market for years is being addressed....
https://knews.kathimerini.com.cy/en/business/eba-tightens-its-grip-in-response-to-sanctions
Following the uproar caused by the lists of sanctions issued by the US, UK, and European authorities, the European Banking Authority (EBA) is tightening its standards in response. ...
https://knews.kathimerini.com.cy/en/news/kyriakides-our-goal-now-medicines-for-all
"I have always envisioned a European Health Union, where the European Union would be intimately connected to every citizen regarding health matters....
https://knews.kathimerini.com.cy/en/news/prague-conference-on-russia-bogged-down-over-cyprus
Another odd exchange about Cyprus with references to age and sexism ended up crashing an international conference on Russia and Ukraine on Monday in Prague, where Cypriot House Speaker Annita Demetriou took exception to her Turkish counterpart’s response after he took issue with her Turkish-Russian invasion analogy...
https://knews.kathimerini.com.cy/en/news/russian-and-ukrainian-stock-in-lukoil-deal
A highly contentious takeover of a Lukoil plant in Italy by a Cypriot fund appears to be moving forward, with the latest media speculators picking on rumors that the leadership of the new operation might come from both Russian and Ukrainian stock...
https://knews.kathimerini.com.cy/en/news/rome-reportedly-okays-lukoil-sale-to-cypriot-firm
Italy gave conditional approval on Tuesday to the sale of the Lukoil-owned refinery in Sicily to Cypriot private equity firm GOI Energy, people familiar with the matter told Reuters...
https://knews.kathimerini.com.cy/en/comment/opinion/lack-of-legal-protection-in-eu-adoptions
Intercountry adoption is the adoption of a child habitually resident in one state by parents habitually resident in another state, as defined in Article 2 of the 1993 Hague Convention, which ensures cross-border recognition of adoptions. However, in practice, additional procedures are required for its recognition in certain States, including EU Member States....
https://knews.kathimerini.com.cy/en/news/turks-cry-foul-over-greek-cypriot-army-link-to-new-jersey
Ankara says it will 'never allow any harm to come to the Turkish Cypriots' while condemning US policy towards Cyprus, including an agreement last week between Greek Cypriot and New Jerseyan armies on a program viewed as a potential precursor to NATO...
https://knews.kathimerini.com.cy/en/news/single-eu-work-residence-permit-for-3rd-country-nationals
The Members of the European Parliament’s Civil Liberties Committee have agreed today on a draft legislation that updates the way single work and residence permits for third-country nationals are issued....
https://knews.kathimerini.com.cy/en/news/ubs-steps-in-to-buy-rival-credit-suisse
Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal...
https://knews.kathimerini.com.cy/en/news/proposed-bill-gives-women-easy-access-to-medically-assisted-reproduction
The House Health Committee of Cyprus has discussed a bill amending the law on medically assisted reproduction....
https://knews.kathimerini.com.cy/en/news/banks-around-the-world-feel-force-of-svb-fallout
U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the collapses of Silicon Valley Bank and Signature Bank forced regulators to step in with emergency measures....
https://knews.kathimerini.com.cy/en/business/february-newsletter-of-k-treppides-co-ltd-eba
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....
