https://knews.kathimerini.com.cy/en/business/ft-china-slaps-pwc-with-$62-million-fine-and-six-month-ban
Chinese authorities have hit PwC China with a hefty fine of $62 million and a six-month ban following a major scandal involving the collapsed property developer Evergrande, according to the Financial Times. ...
https://knews.kathimerini.com.cy/en/news/workers-at-larnaca-marina-were-paid-despite-lack-of-work-says-vafeades
The €1.2 billion investment agreement with Kition for the Larnaca port and marina project is under renewed scrutiny due to the dispute involving 15 workers recently laid off. ...
https://knews.kathimerini.com.cy/en/news/ft-china-set-to-hit-pwc-with-record-penalty-amid-evergrande-fallout
PwC China has informed its clients that it expects Chinese authorities to impose a six-month business ban starting as early as September, following its audit of the now-collapsed property developer Evergrande....
https://knews.kathimerini.com.cy/en/news/driving-under-the-influence-in-cyprus-4-years-in-jail
Speeding remains one of the most common traffic violations in Cyprus, but the penalties have become significantly harsher following new legislation....
https://knews.kathimerini.com.cy/en/news/anastasiades-speaks-out-on-cyprus-solution-corruption-and-political-ties
In one of his most candid interviews to date, former President Nicos Anastasiades discussed the Cyprus problem and the talks held in Crans-Montana with Marina Economides in "K". ...
https://knews.kathimerini.com.cy/en/news/public-works-enforces-€100-000-fine-for-nicosia-ring-road-delay
The Public Works Department has activated a contract clause imposing penalties on Cyfield Construction Ltd. for delays in the completion of the first phase of the Nicosia Ring Road....
https://knews.kathimerini.com.cy/en/business/yet-another-delay-in-nicosia-perimeter-road-triggers-penalties
CyField, the company responsible for constructing Nicosia's perimeter motorway, is bein genalized €5,500 as of today, July 16. The Transport Minister, Alexis Vafeadis, confirmed this development during an interview with SPOR FM 95.00's ''Diaspora News.''...
https://knews.kathimerini.com.cy/en/news/boeing-to-plead-guilty-and-pay-$243-6m-fine-in-737-max-settlement
Boeing has agreed to plead guilty to a criminal fraud conspiracy charge and pay a $243.6 million fine to settle a U.S. Justice Department probe into its involvement in two fatal crashes of the 737 MAX aircraft that resulted in the deaths of 346 people in Indonesia and Ethiopia between 2018 and 2019....
https://knews.kathimerini.com.cy/en/news/ministry-maintains-€300-fine-for-running-red-lights
On Thursday, the Minister of Transport, Communications, and Works, Alexis Vafeadis, was briefed on various legislative proposals submitted by parliamentarians....
https://knews.kathimerini.com.cy/en/news/cyprus-owes-the-uk-over-£1-4m-in-london-congestion-charges
Transport for London (TfL), the authority managing the British capital’s transportation system, has published an updated list of foreign embassies that have refused to pay the Congestion Charge, a fee imposed since 2003 on vehicles entering the city center....
https://knews.kathimerini.com.cy/en/news/fury-over-diplomat-s-illegal-parking-stirs-debate
A photo capturing a diplomat's vehicle parked in a disabled parking space has ignited a debate in Cyprus over parking violations and penalties....
https://knews.kathimerini.com.cy/en/news/traffic-cams-are-keeping-roads-safe-and-holding-offenders-accountable
As many of us are aware, traffic cameras have been strategically placed around the island to deal with the serious problem of accidents on the roads....
https://knews.kathimerini.com.cy/en/news/cyprus-paves-the-way-in-its-ambitious-road-infrastructure-agenda
In an exclusive interview with Maria Eracleous of ''K,'' Eleftherios Eleftheriou, Director of Cyprus's Public Works Department, provided updates on critical infrastructure projects across the island nation....
https://knews.kathimerini.com.cy/en/news/national-guard-s-death-raises-questions-on-cyprus-justice-system
Revelations surrounding the death of National Guardsman Thanasis Nicolaou, emerging years after the incident, have sparked both sensation and concern about the functioning of the criminal justice system in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/fia-president-investigated-for-alleged-manipulation-in-f1-grand-prix
Whistleblower claims Ben Sulayem intervened to overturn penalty for Aston Martin's Fernando Alonso at the 2023 Saudi Arabian Grand Prix, raising concerns about fairness in the race outcome....
https://knews.kathimerini.com.cy/en/news/cyprus-proposes-€700-fine-for-first-time-illegal-taxi-services
The Ministry of Transport, Communications, and Works has tabled a bill aimed at tackling the issue of passenger transport by unlicensed taxi drivers, proposing fines of €700 for first-time offenders and €1500 thereafter....
https://knews.kathimerini.com.cy/en/news/government-raises-minimum-wage-to-€1000-boosting-income-for-25-000-workers
In a move aimed at bolstering the income of low-wage earners, the Ministry of Labour and Social Insurance has announced a significant rise in the National Minimum Wage, effective this January....
https://knews.kathimerini.com.cy/en/news/court-increases-prison-sentence-for-fatal-car-accident-to-3-years
The Court of Appeals has ruled to impose a 3-year prison sentence, as opposed to the initial 22 months handed down by the lower court, to an individual found guilty......
https://knews.kathimerini.com.cy/en/news/cyprus-welcomes-15-griffon-vultures-in-battle-for-survival
In a renewed effort to save the endangered Cypriot Griffon Vulture, fifteen new arrivals from Spain landed in Cyprus in December....
https://knews.kathimerini.com.cy/en/news/cattle-farm-slapped-with-€11-000-fine-over-injury
In a recent development, the I & C Hadjiyiannakou (Farms) Ltd, engaged in cattle farming, faces a €11,000 fine imposed by the Larnaca District Court....
https://knews.kathimerini.com.cy/en/business/dac6-revisited-through-the-prism-of-dac8
The Directive on Administration Cooperation (''DAC'') has been amended multiple times since 2011 to allow for the automatic exchange of information across multiple fields of taxation....
https://knews.kathimerini.com.cy/en/news/less-time-for-points-more-focus-on-road-safety
The Parliament discussed a proposal to reduce the time limit for penalty points on traffic violations from three to two years. The idea is to address the increase in court cases related to traffic offenses. The proposal has support from various authorities, and it's expected to become law soon....
https://knews.kathimerini.com.cy/en/news/dipa-to-slash-red-light-ticket-costs
For what is provided in the bill submitted before the Transport Committee of the House of Representatives to adjust the prices of fines from the fixed cameras, spoke to 'K,' the MP of DIPA, Marinos Mousiuttas....
https://knews.kathimerini.com.cy/en/news/police-force-faces-renewed-criticism-after-recent-tragedies
The debate on the problems in the police force, which was a hot topic in the public sphere last week due to the two fatal attacks that occurred in a short span of time, was reignited on Wednesday, when all the relevant officials, led by the Minister of Justice and Public Order, Anna Koukkidi-Prokopiou and the Chief of Police, Stelios Papatheodorou, met in the Parliament's Institutions Committee....
https://knews.kathimerini.com.cy/en/news/the-mystery-of-cyprus-social-insurance-fund
The Republic of Cyprus achieved its first significant milestone with the establishment of the Social Insurance System, originally introduced during the colonial era. ...
https://knews.kathimerini.com.cy/en/business/vat-submission-deadline-extended-to-october-16
The Tax Department has announced that the submission of the VAT Declaration and the payment of the due tax for the period ending on August 31, 2023, are extended until October 16, 2023....
https://knews.kathimerini.com.cy/en/comment/opinion/from-fines-to-fine-lines
The face of the honorable Minister of Transport, Alexis Vafeadi, conveyed a different message compared to his statements before the Parliament's Transportation Committee....
https://knews.kathimerini.com.cy/en/news/€5-000-fine-for-flashing-your-lights-this-is-cyprus
The news quickly spread, landing somewhere between the wildly unbelievable and downright absurd. Yet, in Cyprus, a place where the unusual is just another day in paradise, it gained traction....
https://knews.kathimerini.com.cy/en/news/court-sentences-speeding-drunk-driver-to-prison-time
In a recent ruling, the Nicosia District Court sentenced a 32-year-old man to three months in prison and six penalty points for speeding and driving under the influence of alcohol....
https://knews.kathimerini.com.cy/en/news/minister-vafeadis-targets-unpaid-camera-fines
The Minister of Transport, Alexis Vafeadis, showed his dedication to finding solutions during yesterday's meeting of the Parliamentary Committee on Transport....
