https://knews.kathimerini.com.cy/en/news/cypriot-economy-on-the-brink-says-finance-minister
During his address to the House of Representatives and following his presentation to the Parliamentary Finance Committee on the government's comprehensive package of seven measures for addressing foreclosure issues, ...
https://knews.kathimerini.com.cy/en/news/police-seize-16-kilos-of-cannabis-in-paphos
The Police, in collaboration with the Customs Department, carried out a new seizure of a large quantity of cannabis yesterday....
https://knews.kathimerini.com.cy/en/news/parliament-approves-foreclosure-law
A significant mobilization by the Government and the Central Bank of Cyprus took place this week regarding the framework of foreclosures, primarily to withdraw the "problematic" proposal that, according to the state and banks, would have negative consequences for the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/new-cat-feeders-enhance-stray-welfare-in-strovolos
Modern feeders for stray kittens found shelter along the Pedieos River have been installed in Linear Park Strovolos. ...
https://knews.kathimerini.com.cy/en/news/parliament-to-vote-on-law-for-borrowers-foreclosure-appeal
The news from the "Oikonomiki Kathimerini" about the suspension of first home foreclosures up to €350,000 until the end of October has been confirmed. ...
https://knews.kathimerini.com.cy/en/news/arrest-made-in-major-weapons-and-drugs-seizure
More than 340 firearm cartridges, a large sum of money, and a quantity of cocaine were found in the residence of a 49-year-old, who was arrested and placed under custody for police investigations....
https://knews.kathimerini.com.cy/en/news/president-proposes-measures-to-address-foreclosure
During the International Investment Awards ceremony held by Invest Cyprus, President Nikos Christodoulides delivered a speech addressing the issue of foreclosures and their impact on the economy. ...
https://knews.kathimerini.com.cy/en/news/cyprus-commits-to-eu-s-greenhouse-gas-emission-targets
The participation of Cyprus in the ambitious climate target set by the European Commission for at least a 55% reduction in greenhouse gas emissions by 2030, based on the new package of European legislation Fit For 55, includes further emissions reductions in all sectors....
https://knews.kathimerini.com.cy/en/news/f-35-approval-halted-until-after-vilnius
Washington’s concern over upsetting Turkey and jeopardizing Sweden’s NATO membership appears to have drawn the Greek F-35 issue into the mix, delaying the official congressional notification, Kathimerini understands, until after the Vilnius Summit in July...
https://knews.kathimerini.com.cy/en/news/nicosia-seeks-compromise-on-eu-pesticide-policy
The sustainable use of pesticide regulation in the EU will be among the topics discussed at the Agriculture and Fisheries Ministers Council, which is taking place in Luxembourg on June 26-27...
https://knews.kathimerini.com.cy/en/news/cyprus-receives-funding-for-nicosia-motorway
The European Commission has announced a significant investment of €6.2 billion to co-finance 107 infrastructure projects aimed at promoting sustainable, safe, and efficient transport throughout the EU....
https://knews.kathimerini.com.cy/en/news/cyprus-still-vague-on-ukraine-swap-deal
Cypriot President Nikos Christodoulides declined to say whether any of the island’s Soviet-made defense systems could end up in Ukraine, pointing to Turkey and budget concerns but also echoing a broader ambiguity as EU allies argue over the best defense strategy...
https://knews.kathimerini.com.cy/en/news/temporary-vat-reduction-on-essentials-estimated-at-€14-5-million
In the upcoming days, most likely early next week, a clearer picture is expected to emerge regarding the government's course of action on the reduced Value Added Tax (VAT) rate for fuel and electricity....
https://knews.kathimerini.com.cy/en/news/cfa-president-talks-trouble-in-soccer-paradise
The top official of the Cyprus Football Association has denied allegations that his group concealed UEFA red notices, telling lawmakers instead that his group made its own rules that were even tougher because police were unable to solve cases...
https://knews.kathimerini.com.cy/en/news/$280b-lost-in-fraud-and-mismanagement-of-us-covid-relief-aid
A recent investigation conducted by the Associated Press has exposed a rampant wave of fraud and mismanagement in the distribution of federal COVID-19 relief aid in the United States....
https://knews.kathimerini.com.cy/en/business/the-holiday-scam-protecting-yourself-when-booking-online
An increasing number of individuals are opting to plan their vacations online, a trend that, as observed in previous years, carries potential risks and pitfalls. ...
https://knews.kathimerini.com.cy/en/news/jurisdiction-war-persists-in-fake-cocaine-case
Cyprus Police have issued arrest warrants for two drug trafficking suspects after they failed to appear in court, but things are far from clear as SBA authorities on the island claim jurisdiction over the case in what has become an unprecedented legal clash...
https://knews.kathimerini.com.cy/en/news/ec-urges-cyprus-to-comply-with-eu-vat-rules-for-homes
The European Commission has called on Cyprus to comply with EU VAT rules for dwellings by sending a reasoned opinion to the country, included in the Commission’s June infringements package.
...
https://knews.kathimerini.com.cy/en/news/cyprus-exits-enhanced-surveillance-ten-years-after-financial-crisis
Ten years after the financial crisis Cyprus has exited the European Commission’s excessive imbalances procedure (EIP), on the basis of EU documents issued under the spring package of the 2023 European Semester...
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/christodoulides-shift-allowances-and-overtime-compensation-from-2024
President Nikos Christodoulides addressed the 60th Congress of PASYDY, the Civil Servants' Trade Union, where he discussed significant developments regarding the restoration of shift allowances and overtime compensation for civil servants....
https://knews.kathimerini.com.cy/en/news/cyprus-wants-hungary-to-match-actions-to-words
Cypriot Foreign Minister Constantinos Kombos is calling on Budapest to match actions to words, with reports suggesting he had a follow up with his Hungarian counterpart in Brussels after Nicosia cried foul over a Turkic summit faux pas two months ago...
https://knews.kathimerini.com.cy/en/news/cyprus-favors-sanctions-while-taking-jab-at-turkey
Cypriot Foreign Minister Constantinos Kombos has accused Turkey of shunning Europe’s sanctions against Russia, while also expressing his own country’s support for a 'proper implementation' of measures amid reports that Athens cried foul over Kiev’s proposal to blacklist Greek companies...
https://knews.kathimerini.com.cy/en/business/0-vat-rate-the-second-round
Almost two weeks after the zeroing of the tax rate on seven products (bread, eggs, milk, baby diapers, baby food, feminine hygiene products, and adult diapers), the Ministry of Finance and the Ministry of Commerce are in discussions regarding the next list of products that will have a low or reduced tax rate....
https://knews.kathimerini.com.cy/en/business/new-sanctions-list-expected-by-the-end-of-may
The episode with the sanctions imposed by the United States and Britain on natural and legal persons that include Cypriot names is expected to continue....
https://knews.kathimerini.com.cy/en/news/president-announces-receipt-of-first-us-sanctions-list
Subtitle: ...
https://knews.kathimerini.com.cy/en/news/zero-vat-on-basic-daily-goods-goes-into-effect
A Council of Ministers decision for a zero VAT rate on a range of basic daily goods such as bread, milk, eggs, children's food, diapers, feminine hygiene products, and adult diapers comes into effect on Friday...
https://knews.kathimerini.com.cy/en/news/commissioner-in-cyprus-to-probe-russian-asset-freeze
Commissioner Reynders will request information on the total value of the assets of 'Russian oligarchs' in Cyprus that have been frozen by the authorities he told Cyprus News Agency in an interview, noting that so far, according to official figures 104 million euros in assets have been frozen, which is considered a low amount...
https://knews.kathimerini.com.cy/en/news/turkey-says-it-‘kann-deliver-on-air-defence
A fifth generation stealth fighter jet developed and produced in Turkey was shown off on Monday, with Ankara delivering on a promise made two years ago when the first indigenous engine was put to the test amid F16 restrictions...
https://knews.kathimerini.com.cy/en/news/first-lady-launches-initiative-to-convert-presidential-palace-into-zero-waste-to-landfill-building
First Lady Philippa Karsera Christodoulides and Environment Commissioner Maria Panayiotou presented their joint initiative on Monday to transform the Presidential Palace into a Zero Waste to Landfill building. The initiative aligns with World Earth Day, celebrated on April 22nd....
