https://knews.kathimerini.com.cy/en/business/anti-money-laundering-and-terrorist-financing-preventing-framework-legislation-gaps
Over the last years, the EU has developed a solid regulatory framework for preventing money laundering and terrorist financing. However, these rules are not always able to capture the growing technological developments and potential gaps that can be exploited by criminals...
https://knews.kathimerini.com.cy/en/news/all-tell-interview-with-christopher-pincher
Brexit would not change the relationship between the United Kingdom and Cyprus, according to British Minister Christopher Pincher, who gave a tell-all interview to Kathimerini Cyprus...
https://knews.kathimerini.com.cy/en/news/cypriot-president-calls-turkish-offensive-‘unlawful-and-arbitrary
President Nicos Anastasiades has described the Turkish military offensive in Syria as “unlawful and arbitrary"...
https://knews.kathimerini.com.cy/en/news/driver-in-animal-abuse-video-charged
A male driver who was caught on video driving with a dog tied to the car has been charged with animal abuse, while police call on members of the public to report such cases without delay...
https://knews.kathimerini.com.cy/en/news/sharp-increase-in-migrant-arrivals-in-past-5-months-says-minister
Greece's migration minister said Wednesday there was a 200 percent jump in the number of migrants and refugees who have reached Greek shores in the last five months....
https://knews.kathimerini.com.cy/en/news/group-calls-for-golden-years-national-plan
A group advocating for better conditions for people in their golden years is calling for a national strategy to combat abuse of senior citizens and improve their lives...
https://knews.kathimerini.com.cy/en/news/unficyp-makes-case-for-more-women-peacekeepers
A female lieutenant with UNFICYP says local concerns are consistently heard and addressed with more women peacekeepers on the ground...
https://knews.kathimerini.com.cy/en/news/cyprus-fiscal-surplus-at-4-3-of-gdp
Cyprus general government surplus was at 4.3% of GDP in the first eight months of 2019, mainly due to the increase in social contributions and revenue from taxes, according to the preliminary General Government fiscal results for the period of January-August 2019 released Friday by the Statistical Service of Cyprus.
...
https://knews.kathimerini.com.cy/en/news/government-to-introduce-green-tax-reform-by-2021
Minister of Finance Harris Georgiades said on Thursday that the government would introduce in 2021 a “Green Tax Reform”. Georgiades was speaking to the press on the sidelines of the 20th Global Conference on Environmental Taxation which took place in Limassol...
https://knews.kathimerini.com.cy/en/news/a-first-step-in-an-effort-to-reset-greek-turkish-relations
The Greek government reportedly sees Wednesday’s first meeting between Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdogan on the sidelines of the United Nations Climate Change Summit in New York as a first step in the effort to reset Greek-Turkish relations.
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https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-time-value-of-money
What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...
https://knews.kathimerini.com.cy/en/news/moody-s-changes-cyprus-outlook-to-positive
Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...
https://knews.kathimerini.com.cy/en/news/cyprus-to-fully-repay-imf-loan-in-2020
According to figures from the 2020 budget presented by Finance Minister Haris Georgiades to the Cabinet, Cyprus will repay the IMF loan early resulting in government debt reduction to 91.1% of GDP
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https://knews.kathimerini.com.cy/en/news/cabinet-approves-surplus-2020-budget
The Cabinet approved on Wednesday the budget for 2020, which foresees a surplus in state finances, while a significant increase in spending is planned due to the implementation of the General Healthcare System
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https://knews.kathimerini.com.cy/en/news/minister-says-migration-‘extremely-challenging
Interior Minister Constantinos Petrides says the numbers of asylum applicants are going up, increasing the social and economic burden on the island...
https://knews.kathimerini.com.cy/en/news/migration-and-geopolitics
The significant increase in the arrival of refugees and migrants recorded on Greece’s Aegean islands over the past few weeks is cause for concern as it indicates that Turkey is seeking to exploit the issue in order to remind the European Union of Ankara’s critical role in containing inflows.
...
https://knews.kathimerini.com.cy/en/news/british-airways-flights-to-cyprus-on-hold
British Airways flights to Cyprus are said to be on hold due to one of the airline’s biggest strikes, with more action expected in the future if no deal is reached...
https://knews.kathimerini.com.cy/en/business/overtaxation-led-to-tax-evasion
Losses incurred by the state coffers due to tax evasion in 2014-17 were greater than the value-added tax revenue increase as a result of consecutive tax hikes, according to a European Commission report on the so-called VAT deficit (the difference between the expected VAT revenues and actual collections)...
https://knews.kathimerini.com.cy/en/business/german-giant-acquires-foody
Cypriot startup Foody has been acquired by a German food delivery giant in a friendly takeover reaching dozens of countries all over the world...
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/south-hands-over-another-suspect-to-north
Another murder suspect wanted in the north in the murder of a Nicosia businessman has been handed over to Turkish Cypriot authorities, as anti-crime cooperation between the two communities continues...
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/one-more-day-of-rain
Afternoon showers and thunderstorms are likely to continue on Tuesday in parts of the island, along with strong winds, while clear weather is in the forecast for the rest of the week...
https://knews.kathimerini.com.cy/en/news/strong-winds-to-slap-coastal-south
Maximum high temperatures are expected to be below 40 on Wednesday and Thursday, as a warm front is on its way out with a chance of showers later in the week...
https://knews.kathimerini.com.cy/en/news/inland-continues-to-bake-in-hot-weather
A heat advisory continues Friday afternoon due to extreme high temperatures in the interior, with maximum inland highs trending upwards and milder temperatures expected along the coast throughout the weekend...
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/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/foreclosure-legislation-unconstitutional
The latest piece of legislation on foreclosures which was approved last Friday is unconstitutional...
https://knews.kathimerini.com.cy/en/business/cyprus-considers-raising-corporate-tax-rate-to-15
The idea of raising the Cyprus corporate tax rate from 12.5% to 15% has been discussed at a meeting between Finance Minister Haris Georgiades and business executives...
https://knews.kathimerini.com.cy/en/news/stella-kyriakidou-climate-change-and-gender-equality-a-priority-for-the-eu
There have been many who have questioned the EU because of the economic crisis that has emerged in recent years. Today we are coming out of this crisis and we realize that the EU still has a lot to offer....
