https://knews.kathimerini.com.cy/en/news/loathing-european-free-loading-leaked-chat-exposes-u-s-contempt-for-allies
A leaked group chat involving some of the most senior figures in the Trump administration has revealed deep-seated resentment toward European allies, exposing frustrations over defense spending and security cooperation....
https://knews.kathimerini.com.cy/en/news/businesses-call-for-simpler-fairer-tax-reform-in-cyprus
The Institute of Certified Public Accountants of Cyprus is raising concerns over Cyprus’ proposed tax reform, arguing that while the new framework aims to ease the tax burden on individuals and businesses, it remains overly complex. ...
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-a-win-for-families-a-challenge-for-businesses
Cyprus is set to undergo its first major tax reform in over 20 years, with changes expected to align the system with the country’s evolving economic landscape....
https://knews.kathimerini.com.cy/en/news/four-israeli-soldiers-freed-but-disputes-over-civilian-release-spark-tension
Hamas released four Israeli female soldiers on Saturday in a second wave of hostage releases under a fragile ceasefire agreement. The women, who had been held since the October 7 attacks, were handed over in a dramatic public display in Gaza City. ...
https://knews.kathimerini.com.cy/en/news/banks-under-fire-how-public-pressure-forced-a-shake-up
Over the past decade, Cypriot banks have paid over €500 million to the state through a special levy known as the ''double tax.''...
https://knews.kathimerini.com.cy/en/news/danish-farmers-to-pay-tax-on-livestock-farts-and-burps
Denmark is making headlines with a groundbreaking new tax: a belch and manure tax....
https://knews.kathimerini.com.cy/en/news/trump-s-bold-day-one-agenda-immigration-gender-policies-and-foreign-relations
President-elect Donald Trump has set an ambitious agenda for his first day in office, outlining policy goals on issues from immigration to energy and international relations. ...
https://knews.kathimerini.com.cy/en/business/greece-imposes-20-euro-levy-on-cruise-visitors-to-curb-overtourism
Greece plans to impose a 20-euro levy on cruise ship visitors to the islands of Santorini and Mykonos during the peak summer season, in a bid to avert overtourism, Prime Minister Kyriakos Mitsotakis said on Sunday....
https://knews.kathimerini.com.cy/en/news/banks-contribute-over-€854m-in-taxes-amid-controversy-over-proposed-levy
In the last seven years (2017-2023), Cypriot banks have collectively paid more than €854 million in income tax, special taxes, and VAT, according to a report by Panayiotis Rouglas in last Sunday's Kathimerini....
https://knews.kathimerini.com.cy/en/news/mistreatment-of-israeli-hostages-caught-on-camera
Families of Israeli hostages held by Hamas released a harrowing video on Wednesday depicting the mistreatment of women detained by the militant group....
https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/news/audit-exposes-serious-issues-in-collecting-unpaid-taxes-in-cyprus
An audit report from the Tax Department for 2022 has uncovered a staggering accumulation of over €2.5 billion in arrears, with €1 billion considered unsecure due to delays in necessary measures, the Audit Service revealed....
https://knews.kathimerini.com.cy/en/news/global-maritime-alliance-implements-fees-to-curb-ship-emissions
At the latest meeting of the International Maritime Organization, a coalition of 60 member states made a joint decision to levy fees on greenhouse......
https://knews.kathimerini.com.cy/en/news/greece-rolls-out-climate-resilience-levy-to-fund-post-disaster-reconstruction
In an effort to finance reconstruction projects following severe forest fires and floods, the Greek government has introduced a new accommodation tax, referred to as the 'climate resilience levy.'...
https://knews.kathimerini.com.cy/en/business/aging-global-shipping-fleet-raises-environmental-concerns
The global shipping fleet has reached its oldest average age in nearly 15 years, a concerning trend as the industry faces mounting pressure to adopt greener practices....
https://knews.kathimerini.com.cy/en/news/cyprus-and-france-seal-the-deal-on-tax-cooperation
In a milestone development, Cyprus and France have solidified their commitment to combat double taxation through the signing of a renewed Convention on the Elimination of Double Taxation....
https://knews.kathimerini.com.cy/en/news/allegations-of-forced-population-shift-amidst-gaza-offensive
In a recent development, an Israeli government spokesperson, Eylon Levy, vehemently denied what he termed as ''outrageous and false'' allegations....
https://knews.kathimerini.com.cy/en/news/hellenic-bank-rakes-in-€240-7m-in-2023-s-first-9-months
Hellenic Bank announced on Tuesday a profit of €240.7 million for the first 9 months of 2023....
https://knews.kathimerini.com.cy/en/news/babies-among-12-dead-in-israel-hamas-fuel-dispute
Hamas has denied refusing an offer of fuel from Israel for Gaza's biggest hospital, which the World Health Organisation says is "not functioning" due to bombing and gunfire....
https://knews.kathimerini.com.cy/en/news/allies-of-israel-or-igniting-the-refugee-crisis
Our neighbors in the East are experiencing heightened tensions....
https://knews.kathimerini.com.cy/en/business/italy-surprises-banks-with-40-windfall-tax
Italy's rightwing coalition sent shockwaves through the financial markets as it announced an unforeseen 40% tax on bank profits derived from higher interest rates. ...
https://knews.kathimerini.com.cy/en/news/french-furious-over-retirement-age-increase-of-2-years
Hundreds of thousands of people are expected to fill the streets of France Thursday for the 11th day of nationwide resistance to a government proposal to raise the retirement age from 62 to 64. The furious public reaction to the plan has cornered and weakened French President Emmanuel Macron....
https://knews.kathimerini.com.cy/en/life/buy-nothing-project-gaining-ground-worldwide
It was not until after Angela Parker, 53, had raced across her north Atlanta neighborhood to nab eight leftover, thick-cut slices of ham with gravy from the porch of someone she didn't know that she began to ask herself some questions. Was it weird to eat a stranger's porch ham? Was it safe? Would the ham be worth it?...
https://knews.kathimerini.com.cy/en/news/cyprus-under-international-scrutiny-for-sanctions-on-russian-oligarchs-video
Regarding the levying of sanctions against Russian oligarchs due to the conflict in Ukraine, Cyprus is being closely watched on a global scale....
https://knews.kathimerini.com.cy/en/business/dispute-resolution-services-a-more-cost-effective-way-to-resolve-issues
Going to court to resolve a dispute between a consumer and a business is not always necessary. There are alternatives that are less time-consuming and less expensive than legal action and can provide very effective solutions. ...
https://knews.kathimerini.com.cy/en/news/eu-countries-approve-energy-windfall-levies-turn-to-gas-price-cap
European Union countries agreed on Friday to impose emergency levies on energy firms’ windfall profits and began talks on their next move to tackle Europe’s energy crunch – possibly a bloc-wide gas price cap....
https://knews.kathimerini.com.cy/en/news/cyprus-maintains-low-vat-and-consumption-tax-on-fuel
Cyprus maintains a very low VAT rate and lower consumption taxes on fuel compared to Germany and other EU countries, Minister of Finance Constantinos Petrides notes in a written statement....
https://knews.kathimerini.com.cy/en/news/government-takes-steps-to-break-cyprus-reliance-on-fossil-fuels
The government today took steps to break Cyprus’ reliance on fossil fuels....
https://knews.kathimerini.com.cy/en/business/a-new-billionaire-nearly-every-day-during-the-pandemic
Some 573 people have joined the billionaire ranks since 2020, bringing the worldwide total to 2,668, according to an analysis released by Oxfam on Sunday. ...
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-pillar-two-on-a-global-minimum-taxation
On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....
