https://knews.kathimerini.com.cy/en/news/cyprus-mps-vote-on-major-bills-including-tax-hikes-and-baby-bonuses
The Cyprus Parliament was busy on Thursday, voting on a series of important bills that could reshape the island's economic landscape and support families....
https://knews.kathimerini.com.cy/en/business/parliament-rejects-akel-s-5-bank-tax-bill-after-tense-showdown
A dramatic session in parliament ended with the rejection of a contentious proposal by the opposition party AKEL, which aimed to impose an extraordinary 5% solidarity tax on bank interest income for 2024 and 2025. ...
https://knews.kathimerini.com.cy/en/news/stelios-foundation-donates-equipment-to-aid-cmp-efforts
The Stelios Philanthropic Foundation, spearheaded by Sir Stelios Haji-Ioannou, has made a significant contribution to the humanitarian mission of the Committee on Missing Persons in Cyprus (CMP)....
https://knews.kathimerini.com.cy/en/business/moody-s-nick-hill-on-financial-risks-and-opportunities-for-2025
In an insightful conversation with Kathimerini's Panayiotis Rougalas, Nick Hill discusses the key macroeconomic risks and opportunities facing the region in 2025....
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/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/syrians-withdrawing-asylum-requests-says-deputy-minister-of-migration
Syrian nationals in Cyprus are beginning to submit applications to withdraw their asylum requests, according to Deputy Minister of Migration and International Protection, Nikolas Ioannidis....
https://knews.kathimerini.com.cy/en/business/geopolitical-pressures-threaten-2025-recovery
Speaking at the 20th Economist Conference in Nicosia, Nick Hill highlighted the macroeconomic and geopolitical challenges shaping the global financial environment....
https://knews.kathimerini.com.cy/en/news/city-engineers-investigate-balcony-collapse-in-neapolis
The Limassol Municipality has issued warnings to 400 buildings for necessary repairs, with 130 of them officially declared dangerous....
https://knews.kathimerini.com.cy/en/news/uk-bases-in-cyprus-gibraltar-under-russian-threat
British defense officials have reportedly held emergency discussions with counterparts in Cyprus and Gibraltar over potential Russian threats to the UK’s sovereign military bases, according to the Daily Telegraph....
https://knews.kathimerini.com.cy/en/news/1-half-of-citizens-and-businesses-targeted-by-cybercriminals-in-2024
In a startling revelation, a recent survey by the Digital Security Authority has found that one in two people in Cyprus fell victim to a cyber attack in 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-activates-high-tech-air-defense-a-new-shield-in-the-skies
Nicosia has taken a major step toward strengthening its air defenses with the activation of the Israeli-built Barak MX system, often compared to Israel’s renowned Iron Dome. ...
https://knews.kathimerini.com.cy/en/news/france-s-government-falls-in-historic-no-confidence-vote
France is facing a deep political crisis after Prime Minister Michel Barnier’s government was ousted by a no-confidence vote, just three months into his term. This marks the shortest-lived administration in France’s Fifth Republic, which began in 1958....
https://knews.kathimerini.com.cy/en/news/commission-s-migration-challenge-syria-and-political-hurdles-complicate-new-eu-legislation
According to an article by Pavlos Xanthoulis, the European Commission, led by Ursula von der Leyen, prepares to unveil a new migration and refugee framework in February 2025, significant challenges loom, from escalating conflict in Syria to contentious legal and political disputes within the EU. ...
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/earthquake-rattles-cyprus-felt-strongly-in-nicosia
An earthquake measuring 4.9 on the Richter scale shook Cyprus shortly after 11:00 AM on Tuesday, with several buildings in the capital, Nicosia, reportedly evacuated as a precautionary measure....
https://knews.kathimerini.com.cy/en/business/cybersecurity-and-ict-risks-emerge-as-leading-drivers-of-operational-risk
Geopolitical tensions have significantly increased operational risks, particularly in the areas of cyber and digital threats, as well as risks related to money laundering and sanctions compliance....
https://knews.kathimerini.com.cy/en/comment/opinion/the-international-criminal-court-is-another-casualty-of-october-7
In 1998, at the time of the adoption of the Statute of the International Criminal Court, the head of Israel's delegation, Judge Eli Nathan, expressed both hope and fear for its future. ...
https://knews.kathimerini.com.cy/en/news/rhodes-declares-state-of-emergency-bora-devastation
The Greek island of Rhodes has been declared in a state of emergency following the devastating impact of Storm Bora, which struck on Sunday, December 1, 2024....
https://knews.kathimerini.com.cy/en/news/10-700-greek-students-suspended-for-violating-school-cell-phone-ban
Since the beginning of the academic year in September, a total of 10,700 students have been suspended for violating the new regulations banning cell phones in schools, according to Education Minister Kyriakos Pierrakakis. ...
https://knews.kathimerini.com.cy/en/news/temporary-truce-in-the-healthcare-sector-as-december-showdown-looms
A temporary truce has been reached in the healthcare sector following the 48-hour doctors' strike....
https://knews.kathimerini.com.cy/en/business/trump-plans-massive-tariffs-on-imports-from-mexico-canada-and-china
In his latest announcement, President-elect Donald Trump has proposed steep tariff hikes on goods coming from Mexico, Canada, and China, set to begin on the first day of his administration...
https://knews.kathimerini.com.cy/en/news/government-faces-labor-strikes-as-key-sectors-demand-action
Cyprus is grappling with escalating labor unrest in its most crucial industries, as healthcare, construction, and tourism workers push for long-standing demands. ...
https://knews.kathimerini.com.cy/en/news/doctors-strike-disrupts-public-hospitals-across-the-island
Public hospitals across Cyprus are grappling with disruptions today as a 48-hour strike by government doctors gets underway. ...
https://knews.kathimerini.com.cy/en/news/new-rules-could-see-avax-take-over-paphos–polis-road-project
The government is stepping up efforts to strengthen the framework for public works contracts following the unfortunate cancellation of the Paphos–Polis Chrysochous road project....
https://knews.kathimerini.com.cy/en/business/primary-residence-and-the-benefit-of-5-reduced-vat-rate
Nowadays having your own permanent residence is a must, however the cost for the acquisition or construction of a house/apartment has significantly increased in the last few years....
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/business/ft-how-oil-and-gas-companies-hide-methane-emissions-threatening-climate-goals
Methane, a potent greenhouse gas, is quietly driving climate change while remaining hidden from view. The oil and gas industry is among the largest contributors to this problem, with companies using various methods to obscure the true scale of their emissions. Here's what you need to know....
https://knews.kathimerini.com.cy/en/news/rising-food-prices-leave-cypriot-households-struggling
A recent survey reveals that consumers in Cyprus are increasingly worried about their financial future, as rising food costs and economic challenges weigh heavily on households....
https://knews.kathimerini.com.cy/en/news/sunshine-showers-and-a-dash-of-thunder
Good morning, weather wanderers! A weak low-pressure system is dropping by for a visit, shaking things up just a tad....
