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....
https://knews.kathimerini.com.cy/en/news/female-athletes-sue-to-compete-on-level-playing-field
A federal appeals court on Tuesday questioned whether a group of female track and field athletes in Connecticut has the right to sue over a policy allowing transgender athletes to compete in girls’ athletic events....
https://knews.kathimerini.com.cy/en/news/finmin-underlines-the-importance-of-disciplined-policy
The contact circle with the banks has not been completed, and there will be a new one to adopt measures that will provide relief to borrowers regarding the increased interest rates....
https://knews.kathimerini.com.cy/en/news/imf-says-cyprus-untouched-by-war-fallout
The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...
https://knews.kathimerini.com.cy/en/news/the-cyprus-conundrum-hakan-fidan-s-potential-role-in-shaping-turkish-policy
The ''Turkish Century'' heralded by the re-election of Recep Tayyip Erdogan officially unfolds on Friday, generating interest in the individuals that the Turkish president will select for his cabinet. ...
https://knews.kathimerini.com.cy/en/news/biden-whistleblower-hints-at-cypriot-help-in-run-off
Biden whistleblower Gal Luft appears to have resurfaced after going missing earlier this year in Cyprus, with a New York Post piece suggesting the Israeli professor who was in custody on a US arrant had escaped with help on the island...
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/one-step-for-east-med-gas-but-no-giant-leap
An Israeli gas company with Greek interests wants to lay a subsea pipeline from Aphrodite natural gas field to a facility in Egypt, a proposal potentially seeking to reduce time and cost but also bypassing the issue of Turkey...
https://knews.kathimerini.com.cy/en/news/government-to-proceed-with-national-security-council-implementation
Cyprus’ Council of Ministers on Wednesday decided on the establishment of a National Security Council (NSC), Government Spokesman Konstantinos Letymbiotis announced, noting that its mandate will be to produce thoughts, ideas, suggestions and proposals with practical value on matters of national security....
https://knews.kathimerini.com.cy/en/business/why-are-food-prices-so-high-in-europe
It is the most basic of staple food items: sliced white bread. In Britain, the average price of a loaf was 28 percent higher in April, at 1.39 pounds, or $1.72, than it was a year earlier....
https://knews.kathimerini.com.cy/en/news/eu-envoy-a-modern-european-approach-says-letymbiotis
The proposal for the appointment of a special envoy from the EU for the Cyprus issue is a modern European proposal that can change the EU's relations with Turkey and solve a longstanding problem, ...
https://knews.kathimerini.com.cy/en/news/cyprus-city-of-dreams-keeps-union-stewards-at-bay
Cyprus’ City of Dreams, Europe’s largest integrated casino resort, is moving ahead with plans this year to welcome guests with open arms, but union officials are not among them...
https://knews.kathimerini.com.cy/en/news/natural-gas-a-priority-for-affordable-electricity-generation
The Cyprus Chamber of Commerce and Industry (CCCI) agrees with the government's priority to bring natural gas το Cyprus, in order to produce cheap electricity, said CCCI President Christodoulos Angastiniotis, after a meeting held between CCCI and President of the Republic, Nikos Christodoulides, on Tuesday....
https://knews.kathimerini.com.cy/en/comment/opinion/is-there-an-energy-plan-or-isn-t-there
When in 2011 Cyprus discovered natural gas in "Aphrodite," the discussion about geopolitical upgrading was so intense that it led to the creation... of a movie titled "Block 12" and the establishment of specialized studies in oil & gas....
https://knews.kathimerini.com.cy/en/news/experts-wage-house-battle-for-married-parents
Immigration experts in the Republic of Cyprus are proposing a €50,000 house bonus for newlyweds, with an additional annual stipend for each child born in wedlock as well as legal avenues for adopting healthy foreign babies...
https://knews.kathimerini.com.cy/en/news/erdogan-wins-turkish-election
President Recep Tayyip Erdogan has won Turkey’s presidential election, defeating opposition leader Kemal Kilicdaroglu in Sunday’s runoff vote and stretching his rule into a third decade...
https://knews.kathimerini.com.cy/en/news/cyprus-resolute-on-natural-gas-plans-despite-geopolitical-reactions
Minister of Energy, George Papanastasiou, affirmed Cyprus' commitment to proceed with its plans for transporting natural gas from the region, both for domestic electricity generation and for liquefied natural gas (LNG) exports, despite geopolitical reactions....
https://knews.kathimerini.com.cy/en/news/canada-and-saudi-arabia-restore-diplomatic-ties-after-6-years
Canada and Saudi Arabia have agreed to restore full diplomatic ties and appoint new ambassadors, both countries said on Wednesday, bringing to a close a 2018 dispute that damaged relations and trade....
https://knews.kathimerini.com.cy/en/comment/opinion/real-estate-a-closer-look-at-prices-and-rental-trends
With the chapter on imposing a reduced VAT rate of 5% on primary residences as a social policy measure finally moving towards resolution, an unresolved issue that has been lingering in the real estate market for years is being addressed....
https://knews.kathimerini.com.cy/en/news/cyprus-wages-charm-offensive-on-turkmenistan
Nicosia’s ambassador to Turkmenistan presented his credentials this week, with the Cypriot diplomat who holds multiple ambassadorships in Central Asia already waging a charm offensive in a capital known for seeking neutrality on the global stage...
https://knews.kathimerini.com.cy/en/news/nicosia-ups-voice-during-defense-meeting-in-brussels
Defence Minister Michalis Giorgallas stressed that EU - NATO needs to take place on an equal footing for all member states, speaking after the conclusion of the Foreign Affairs Council which was held in Brussels on Tuesday in its Defence Ministers configuration...
https://knews.kathimerini.com.cy/en/news/christodoulides-to-drill-eu-peace-role-into-berlin
Cypriot President Nikos Christodoulides travels to Berlin this week where he is expected to push once again for active EU involvement in peace talks on the divided island, a proposal so far rejected by Turkish Cypriots who call for cooperation between two states...
https://knews.kathimerini.com.cy/en/news/limassol-hosts-desalination-conference
'Desalination for the Environment, Clean Water and Energy conference and exhibition' begins Tuesday in Limassol with the participation of more than 300 delegates from around the world and 30 exhibitors...
https://knews.kathimerini.com.cy/en/news/in-search-of-an-energy-strategy
After President Christodoulides' visit to Israel and his meeting with Netanyahu, two key issues have emerged regarding Nicosia's energy strategy:...
https://knews.kathimerini.com.cy/en/news/kyriakides-our-goal-now-medicines-for-all
"I have always envisioned a European Health Union, where the European Union would be intimately connected to every citizen regarding health matters....
https://knews.kathimerini.com.cy/en/comment/opinion/restoring-a-wounded-reputation
Last March, a publication by the Financial Times revealed the move of three shareholders of PWC Cyprus to resign from the audit firm and establish the company Kiteserve. ...
https://knews.kathimerini.com.cy/en/business/cyprus-banks-strict-adherence-to-sanctions-worries-legitimate-entities
Banks have become cautious regarding sanctions imposed by the USA, EU, and UK, and they are not willing to take any risk in serving individuals or entities in Cyprus who are subject to sanctions....
https://knews.kathimerini.com.cy/en/news/empowering-parenthood-health-ministry-s-innovative-plan-for-fertility
The Ministry of Health is spearheading an innovative legislative push for assisted reproduction and subsidizing infertility treatments, according to Minister Popi Kanari. ...
https://knews.kathimerini.com.cy/en/business/cypriot-economy-maintains-momentum-but-faces-uncertainties
The Cypriot economy maintained a strong momentum in the first quarter of 2023 with real GDP registering an annual growth rate of 3.4%, marking however signs of a slowdown on the backdrop of the uncertain external environment and the restrictive monetary policy by the European Central Bank in a bid to place inflation under control....
https://knews.kathimerini.com.cy/en/news/new-opportunity-for-cyprus-un-envoy-sees-last-chance-for-progress
UN Secretary General's Special Representative in Cyprus, Colin Stewart, has expressed the belief that "we are on the verge of a new opportunity to try to have some progress on the Cyprus problem," adding that this "may be the last opportunity."...
