https://knews.kathimerini.com.cy/en/news/eu-cuts-funds-to-hungary-over-unpaid-asylum-fine
The European Union has begun the process of reclaiming hundreds of millions of euros meant for Hungary after the country's government refused to pay a significant fine for violating the bloc’s asylum rules....
https://knews.kathimerini.com.cy/en/news/calls-to-reduce-fines-for-late-ubo-submissions-in-cyprus
High fines have spurred companies in Cyprus to comply with the submission of beneficial ownership details to the Company Registrar's Beneficial Ownership Register.
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https://knews.kathimerini.com.cy/en/news/hellenic-bank-boosts-first-time-buyers-with-reduced-rates
Hellenic Bank has introduced a new scheme offering reduced interest rates for first-time homebuyers....
https://knews.kathimerini.com.cy/en/business/cyprus-struggles-to-boost-winter-tourism
Cyprus is having a tough time improving its winter tourism, according to Kathimerini's Dorita Yiannakou, even though more tourists are visiting and spending more money. ...
https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-the-end-of-the-age-of-odysseas
The long-running saga finally came to an end today—a saga that dragged on for months in the courts, but for years in society. For those familiar with the behind-the-scenes drama and the times Odysseas’ eccentric and narcissistic behavior paralyzed the state machinery, the decision was no surprise....
https://knews.kathimerini.com.cy/en/news/irs-experts-aid-cyprus-in-combating-money-laundering
In October 1931, notorious American gangster Al Capone was sentenced to 11 years in prison on five counts of tax evasion by the federal justice system, marking a pivotal moment in organized crime history in the U.S....
https://knews.kathimerini.com.cy/en/news/u-s-financial-experts-visit-cyprus-to-tackle-money-laundering
A delegation of financial experts from the U.S. Department of the Treasury’s Internal Revenue Service Criminal Investigation (IRS-CI) will visit Cyprus from September 15 to September 19, 2024, for high-level discussions on money laundering and financial crime....
https://knews.kathimerini.com.cy/en/news/trump-speaks-out-after-gunfire-‘i-am-safe-as-suspect-arrested1
Former President Donald Trump, 78, was unharmed after an alleged gunman fired shots near him at the Trump International Golf Club in Florida, according to the FBI. The suspect, identified as Ryan Wesley Routh, 58, was apprehended following a traffic stop on Interstate 95....
https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-mr-never-surrender-and-donald-trump
In the first televised debate between Donald Trump and Kamala Harris, the standout moment was when the former President claimed that illegal immigrants are eating Americans' cats, dogs, and basically all pets...
https://knews.kathimerini.com.cy/en/news/two-suspects-face-trial-over-metamax-pyramid-scheme-fraud
A 63-year-old and a 54-year-old have been referred to trial today before the Criminal Court in connection with the Metamax investment pyramid scheme.
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https://knews.kathimerini.com.cy/en/news/cyprus-banks-praised-for-stronger-sanctions-enforcement-by-us
US sanctions imposed on entities and individuals in Cyprus are not targeting the country, but “oligarchs and arms traders” enabling “the Kremlin war machine” to continue the war in Ukraine......
https://knews.kathimerini.com.cy/en/news/austria-named-world-s-most-overcrowded-tourist-spot
Austria has been identified as the world's most overcrowded tourist destination, with nearly four tourists per resident....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-considers-selling-jcc-to-euronet
Changes are imminent in Cyprus' payment sector as discussions unfold regarding the sale of JCC Payment Systems Ltd to Euronet. JCC Payment Systems......
https://knews.kathimerini.com.cy/en/business/1-trade
Cyprus’ trade deficit dropped by 17% in the first seven months of 2024, falling to €4.31 billion compared to €5.19 billion during the same period last year, ...
https://knews.kathimerini.com.cy/en/news/google-s-grip-on-googling-fades-as-gen-z-shifts-online-habits
Twenty years ago, Google achieved what few companies can: its name became a verb. Merriam-Webster dictionary officially recognized “Google” as a verb, synonymous with searching for something online.
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https://knews.kathimerini.com.cy/en/news/greek-police-disrupt-€26-million-vat-fraud-scheme
The Financial Police Directorate has dismantled a criminal organization involved in elaborate VAT fraud schemes, leading to significant financial losses for the state....
https://knews.kathimerini.com.cy/en/news/cypriot-bank-officials-to-present-aml-progress-in-u-s
Top officials from four major Cypriot banks are headed to the U.S. on Sept. 16 to present updates on their progress in anti-money laundering (AML) efforts, sanctions enforcement, and foreign account management. ...
https://knews.kathimerini.com.cy/en/news/putin-tries-to-help-trump-beat-harris-in-u-s-election-2024
Russia is intensifying its efforts to interfere in the 2024 U.S. presidential election, aiming to help Donald Trump defeat Vice President Kamala Harris, according to U.S. intelligence officials. ...
https://knews.kathimerini.com.cy/en/comment/opinion/it-s-a-cypriot-shipwreck
When the gold passport scandal began to emerge in the autumn of 2019, it quickly became clear that the naturalization of individuals like Joe Law was only the tip of the iceberg....
https://knews.kathimerini.com.cy/en/business/brexit-leads-to-sharp-decline-in-eu-students-at-uk-universities
The number of students from the European Union enrolling in British universities has dropped sharply since Brexit, new figures show. There are fewer students from Italy, Germany, and France coming to study in the UK....
https://knews.kathimerini.com.cy/en/news/christodoulides-backs-eurobank-s-big-move-into-india
President Nikos Christodoulides has shown strong support for Eurobank’s plan to expand into India, seeing it as a significant chance to boost business ties between Cyprus and one of the world's largest economies....
https://knews.kathimerini.com.cy/en/news/eu-allocates-€39-5-million-for-turkish-cypriot-community
The European Commission on Tuesday approved the 2024 Annual Action Programme, granting €39.5 million to support the Turkish Cypriot community's socio-economic development and advance Cyprus' reunification efforts....
https://knews.kathimerini.com.cy/en/business/qantas-passengers-score-first-class-tickets-at-85-off
Qantas Airways recently made a costly mistake, offering first-class tickets at an 85% discount due to a coding error. The Australian airline accidentally listed round-trip first-class flights from Australia to the United States, typically priced at up to AUD 28,000 (USD 19,000), for just AUD 3,400 (USD 2,300)....
https://knews.kathimerini.com.cy/en/business/the-fate-of-the-greece-cyprus-energy-link-hangs-in-the-balance
This week will be crucial to whether the power grid link between Greece and Cyprus via Crete will be implemented....
https://knews.kathimerini.com.cy/en/news/police-under-investigation-after-bulgarian-in-paphos-killed-and-emergency-calls-ignored
Authorities are pursuing disciplinary action against four police officers following the brutal murder of 41-year-old Petya Krateva from Bulgaria, a resident of Paphos, allegedly by her former husband....
https://knews.kathimerini.com.cy/en/news/1-vogue-content-coming-to-chatgpt-in-new-deal
OpenAI has inked a deal with publishing giant Condé Nast, marking yet another partnership between the AI company and major media outlets. Previous collaborations include agreements with Time magazine, the Financial Times, and the Associated Press....
https://knews.kathimerini.com.cy/en/news/dog-abandonment-and-neglect-on-the-rise-in-cyprus
Dog abandonment and neglect in Cyprus are getting worse, with shelters struggling to keep up. Volunteers at local shelters say they are seeing more and more dogs being abandoned, not just in the summer, but all year round....
https://knews.kathimerini.com.cy/en/business/wizz-air-launches-one-of-a-kind-all-you-can-fly-membership
Wizz Air, Europe’s most sustainable airline globally1, has announced the launch of its “All You Can Fly” membership, providing an extensive number of flights across 12 months for €599, to more than 800 destinations....
https://knews.kathimerini.com.cy/en/comment/opinion/greece-and-the-ferry-tale-nightmare
The ferry boat situation in Greece is rapidly becoming an unfortunate stain on the very fabric of the country. As someone who not only vacations in Greece, I also own, operate, and conduct business there in the tourism sector....
https://knews.kathimerini.com.cy/en/business/paphos-man-loses-€200-000-in-online-fraud-scheme
Police are investigating a new online fraud case involving a large sum of money after a 67-year-old man reported being swindled out of €200,000. The complaint was filed today at the Paphos Police Station, according to Cyprus Police....
