https://knews.kathimerini.com.cy/en/news/bank-of-england-raises-interest-rates-to-5
The Bank of England has raised interest rates by a half point to 5% as part of its efforts to combat high inflation and rising mortgage costs. ...
https://knews.kathimerini.com.cy/en/news/cyprus-takes-center-stage-as-it-strengthens-its-defense-planning
Last week, Ankara used the reference to the ''Republic of Cyprus'', the legitimate and internationally recognized state entity on the island of Cyprus, in the ongoing regional plans of NATO as a pretext to derail the process....
https://knews.kathimerini.com.cy/en/news/green-energy-policy-progresses-with-approval-for-ev-charging-infrastructure
The Council of Ministers, in its session on June 21, 2023, approved the Amendment of the Regulations on Petroleum Stations from 1972 to 1999, to allow for the installation and use of electric vehicle charging points at petrol stations, as part of the government's policy for transitioning to green energy....
https://knews.kathimerini.com.cy/en/news/search-intensifies-for-missing-sub-as-canadian-military-detects-underwater-noises
A Canadian military surveillance aircraft detected underwater noises as a massive search continued early Wednesday in a remote part of the North Atlantic for a submersible that vanished while taking five people down to the wreck of the Titanic....
https://knews.kathimerini.com.cy/en/news/the-president-s-omissions-and-unaddressed-issues
Flanked by his cabinet and through a 24-page document, the President of the Republic presented the program and actions of the government from his first day in office until today. ...
https://knews.kathimerini.com.cy/en/news/christodoulides-exhaustive-diplomatic-pursuits-for-resolving-the-cyprus-issue
President Nikos Christodoulides has highlighted the government's efforts in pursuing negotiations on the Cyprus issue and implementing a diplomatic initiative during the first 100 days of governance....
https://knews.kathimerini.com.cy/en/news/turkey-to-play-cyprus-card-at-nato-summit
The spokesman for the ruling party in Turkey says Cyprus will inevitably be on the agenda at the next NATO summit, as the alliance still struggles to overcome hesitation in Ankara over Sweden’s membership due to terrorism concerns...
https://knews.kathimerini.com.cy/en/news/eu-allocates-€20-million-for-sudan-refugee-crisis
During a two-day visit to Cairo, EU foreign policy chief Josep Borrell expressed support for Egypt's efforts to end the hostilities in Sudan.
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https://knews.kathimerini.com.cy/en/news/cyprus-farmers-voice-alarm-over-plant-protection-regulation
The European Commission is addressing farmers' concerns regarding the proposed regulation on plant protection in the European Union. They assure that the implementation of the new rules will be gradual, aiming to minimize any impact on production and food prices....
https://knews.kathimerini.com.cy/en/news/new-policies-create-passenger-backlash-at-limassol-port
On Sunday, a wave of reactions was triggered at Limassol port as citizens became aware of a new policy set to be implemented this year by the Deputy Ministry of Shipping. ...
https://knews.kathimerini.com.cy/en/news/maritime-security-partnerships-for-cyprus
The Republic of Cyprus and the United States have achieved a mutually beneficial deepening of defense cooperation during their second meeting of the bilateral Security and Defense Dialogue....
https://knews.kathimerini.com.cy/en/news/biden-outraged-over-reporter-s-question-on-ukrainian-bribery-case
US President Joe Biden expressed his outrage when confronted with a reporter's question regarding a potential bribery case involving a Ukrainian businessman, an issue passionately pursued by Republicans in anticipation of the November 2024 presidential election....
https://knews.kathimerini.com.cy/en/news/president-s-commitment-to-empower-justice-in-cyprus
The existence of an independent, strong, and efficient judicial system is the greatest guarantor of the rule of law and the supremacy of the Law, Cyprus President Nikos Christodoulides said on Thursday, while addressing an event at the Supreme Court on the occasion of the implementation of the justice reform laws and the swearing in of the judges of the newly established Court of Appeal....
https://knews.kathimerini.com.cy/en/news/cabinet-approves-deputy-ministry-for-migration-and-asylum
The Council of Ministers approved on Thursday the bill for the establishment of a Deputy Ministry for Immigration and Asylum....
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rate-to-3-20-in-ongoing-tightening-campaign
The European Central Bank (ECB) has announced its decision to raise the interest rate to 3.20%, marking another step in its ongoing monetary policy tightening campaign. ...
https://knews.kathimerini.com.cy/en/news/deadly-mediterranean-shipwreck-exposes-desperate-migrant-journeys
Wednesday’s deadly shipwreck off southern Greece, involving a large boat carrying migrants that capsized after apparently rebuffing offers of help, is just the latest case of smugglers packing vessels full of desperate people willing to risk their lives to reach continental Europe....
https://knews.kathimerini.com.cy/en/news/us-citizens-exit-portugal-as-demand-for-golden-visas-plummet-37
Following the abolishment of the Golden Visa scheme of Portugal some expatriates are leaving the country, based on the report of Bloomberg....
https://knews.kathimerini.com.cy/en/news/turkish-president-s-construction-plans-in-occupied-kato-deryneia
In a recent statement, Deryneia Mayor Andros Karayiannis expressed concerns regarding Turkish President Recep Tayyip Erdogan's plans for the construction of over a thousand residential units in occupied Kato Deryneia. ...
https://knews.kathimerini.com.cy/en/news/cyprus-calls-for-medicine-market-reform
Health Minister for Health Popi Kanari said that Cyprus is in favor of the creation of a single market for medicines, and highlighted the problems that Cyprus faces regarding medicine access as a small member state, during the second day of the Employment, Social Policy, Health and Consumer Affairs Council (EPSCO) of the EU, which was held on Tuesday in Luxembourg in its Health Ministers configuration....
https://knews.kathimerini.com.cy/en/news/government-ends-tax-break-fuel-and-electricity-prices-to-rise
The Director General of the Ministry of Finance, Michalis Pantelis, has expressed the government's intention to end the measure of reducing excise tax on fuel and electricity....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-leads-cyprus-eu-initiative
President Nicos Christodoulides is currently in Strasbourg with the main objective of promoting the proposal for a more active involvement of the European Union (EU) in resolving the deadlock on the Cyprus problem and resuming talks....
https://knews.kathimerini.com.cy/en/news/burisma-owner-may-have-bidens-on-tape
Shocking revelations in Washington suggest the owner of Burisma, a Ukrainian energy company registered in Cyprus, said he had secretly recorded phone conservations with Joe Biden as 'insurance policy' while accusations continue to build up against the FBI for redacting crucial information from a document alleging bribery and corruption...
https://knews.kathimerini.com.cy/en/news/christodoulides-touches-base-with-cypriot-meps
Cypriot President Nikos Christodoulides will elaborate on Tuesday morning before the European Parliament plenary in Strasbourg on his proposal for a more active involvement of the EU in efforts to lift the deadlock in the Cyprus problem and immediately resume negotiations for a Cyprus settlement within the agreed UN framework...
https://knews.kathimerini.com.cy/en/news/cyprus-takes-a-stand-for-solidarity-in-eu-immigration-reform
Minister of Interior Konstantinos Ioannou announced on Friday that Cyprus views the establishment of a mandatory solidarity mechanism as a significant development for the country....
https://knews.kathimerini.com.cy/en/news/former-us-based-bank-executive-to-lead-turkey-s-central-bank
Turkish President Recep Tayyip Erdogan on Friday appointed a former U.S.-based bank executive to head Turkey’s central bank, in another sign that his administration might pursue more conventional economic policies....
https://knews.kathimerini.com.cy/en/news/declining-new-loans-in-cyprus-signals-economic-shifts
In April 2023, Cyprus experienced a notable decline in new lending, as reported by the Central Bank of Cyprus. ...
https://knews.kathimerini.com.cy/en/news/president-christodoulides-lays-foundation-stone-for-aub-mediterraneo-in-paphos
President Nicos Christodoulides emphasized the government's commitment to the education sector during the foundation stone-laying ceremony of the American University of Beirut - Mediterraneo in Paphos....
https://knews.kathimerini.com.cy/en/news/cyprus-housing-prices-rise-amid-increased-demand
During the fourth quarter of 2022, housing prices in Cyprus continued their upward trend, driven by increased construction costs and higher demand....
https://knews.kathimerini.com.cy/en/news/parliament-approves-reduced-vat-rate-on-first-homes
The plenary session of the Cyprus Parliament passed on Thursday almost unanimously a law allowing for the imposition of a reduced VAT rate of 5% on the first 130 sqm of a primary residence, including both houses and apartments...
https://knews.kathimerini.com.cy/en/news/finance-minister-warns-of-vat-consequences
With the deadlines long expired and the saga of amending the Value Added Tax Law to apply the reduced rate of 5% to specific residential square meters dragging on, Finance Minister Makis Keravnos sounds the alarm, emphasizing the palpable risk of Cyprus being taken to the European Court and fined....
