https://knews.kathimerini.com.cy/en/news/mps-stalling-jiu-jitsu-cash-rebate
A cheque for €8.5 million to pay for Jiu Jitsu, a film starring Nicolas Cage, is being held up in the Cypriot parliament as opposition parties are blocking the cash rebate and asking questions...
https://knews.kathimerini.com.cy/en/news/cyprus-attorney-general-weighs-in-on-spy-van
The attorney general of the Republic of Cyprus has appointed a special investigator in the “spy van” case, while the Israeli company that sells controversial surveillance vehicles is calling on authorities to investigate what it calls a “false accusations” campaign...
https://knews.kathimerini.com.cy/en/news/unsc-briefed-on-cyprus-ahead-of-berlin
The Security Council held consultations on Cyprus on Thursday behind closed doors, where members were briefed on the latest developments and urged leaders to be productive in the period ahead...
https://knews.kathimerini.com.cy/en/news/wispear-says-it-never-spied-on-cypriots
The company linked to an Israeli spy van in Cyprus has weighed in on media speculation following reports that it was spying illegally all over the island...
https://knews.kathimerini.com.cy/en/news/questions-raised-over-spy-van
An unbelievably expensive van roaming Cypriot streets and packing spy technology worth millions has prompted Akel opposition leader to seek answers from the government, citing privacy laws and concerns...
https://knews.kathimerini.com.cy/en/news/trump-has-‘wonderful-meeting-with-erdogan
US President Donald Trump on Wednesday pushed Turkish President Tayyip Erdogan to walk away from the purchase of a Russian missile defense system, calling it a “very serious challenge” to bilateral ties, even though he described a meeting between the two leaders as “wonderful"...
https://knews.kathimerini.com.cy/en/news/cyprus-pleased-with-eu-sanctions-against-turkey
The Republic of Cyprus is pleased with a framework regime for sanctions against Turkey, adopted formally by the Foreign Affairs Ministers council, making it possible for countries to place sanctions through asset freezes and travel bans...
https://knews.kathimerini.com.cy/en/news/cyprus-grants-first-natural-gas-exploitation-license
Cyprus and the Aphrodite consortium on Thursday signed an exploitation license and a revised production sharing contract, aiming to start natural gas production in 2025, generating projected revenues of $9.3 billion for a period of eighteen years
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https://knews.kathimerini.com.cy/en/business/cyprus-to-start-process-for-early-repayment-of-imf-loan-finance-minister-announces
Finance Minister Harris Georgiades announced on Tuesday that an official process will be launched for the early and full repayment of an IMF loan, following the repayment of a loan from Russia....
https://knews.kathimerini.com.cy/en/news/more-young-victims-in-child-porn-case
More victims below the legal age are believed to have been involved in the production of child porn, with at least six victims described as boys from Cyprus...
https://knews.kathimerini.com.cy/en/news/cyprus-police-raid-child-porn-studio
Cyprus police have arrested a Limassol man in an unprecedented child porn case, with investigators saying the suspect was running a production setup at home where he produced videos of sexual nature using naked children...
https://knews.kathimerini.com.cy/en/news/president-anastasiades-says-a-tripartite-meeting-possible-in-mid-october
Speaking to reporters after a very productive meeting, as he said, with UN Secretary General Antonio Guterres on Friday on the sidelines of the UN General Assembly, the President of Cyprus said he presented the situation as it stands and developed the Greek Cypriot side’s positions.
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https://knews.kathimerini.com.cy/en/news/cyprus-fiscal-surplus-at-4-3-of-gdp
Cyprus general government surplus was at 4.3% of GDP in the first eight months of 2019, mainly due to the increase in social contributions and revenue from taxes, according to the preliminary General Government fiscal results for the period of January-August 2019 released Friday by the Statistical Service of Cyprus.
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https://knews.kathimerini.com.cy/en/news/government-to-introduce-green-tax-reform-by-2021
Minister of Finance Harris Georgiades said on Thursday that the government would introduce in 2021 a “Green Tax Reform”. Georgiades was speaking to the press on the sidelines of the 20th Global Conference on Environmental Taxation which took place in Limassol...
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-time-value-of-money
What if a close friend asks today to borrow 1,000EUR with the precondition to repay the exact same amount in five years? Would you take the deal or not?...
https://knews.kathimerini.com.cy/en/business/usa-blacklists-oil-company-in-cyprus
An oil company registered in Cyprus has been blacklisted by US officials who blocked a total of four vessels for transporting Venezuelan oil to Cuba...
https://knews.kathimerini.com.cy/en/news/coca-cola-hellenic-buys-out-acque-minerali
Local Coke bottler Coca-Cola Hellenic (CCHBC) has made its second buyout of 2019, acquiring Italy’s Acque Minerali, which is active in the domain of bottled water and refreshments.
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https://knews.kathimerini.com.cy/en/news/lute-still-thrashing-out-terms-of-reference
A new meeting has been for Thursday between President Nicos Anastasiades and UN envoy Jane Lute, aimed at reaching an agreement on the terms of reference for the resumption of Cyprus peace talks...
https://knews.kathimerini.com.cy/en/news/brexit-no-deal-preparedness-final-commission-call-to-all-eu-citizens-and-businesses
With 8 weeks to go until the United Kingdom's withdrawal from the European Union on 31 October 2019, the Commission has today – in its 6th Brexit preparedness Communication – reiterated its call on all stakeholders in the EU27 to prepare for a ‘no-deal' scenario. In light of the continued uncertainty in the United Kingdom regarding the ratification of the Withdrawal Agreement – as agreed with the UK government in November 2018 – and the overall domestic political situation, a ‘no-deal' scenario on 1 November 2019, remains a possible, although undesirable, outcome...
https://knews.kathimerini.com.cy/en/news/close-to-an-understanding-says-spokesman
UN envoy Jane Holl Lute continues her contacts with the two sides on the island, in order to secure the terms of reference that would lead to the resumption of the talks for a solution. Lute met with the leaders, namely President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci three times since she arrived on the island last week. A fresh meeting with the President is schedule for Wednesday, 915 am local time...
https://knews.kathimerini.com.cy/en/news/nicosia-says-terms-of-reference-are-within-reach
Government Spokesman, Prodromos Prodromou, said on Monday that it seems that there is justified hope and ground for the formulation of the terms of reference that would pave the way for the resumption of the negotiations on the Cyprus problem.
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https://knews.kathimerini.com.cy/en/news/lute-holds-follow-up-meetings
A UN effort on Sunday to sound out the two Cypriot leaders in a possible way forward in resuming peace talks is set to continue Monday with the follow-up meetings...
https://knews.kathimerini.com.cy/en/life/macbeth-premieres-at-paphos-medieval-castle
The first of three performances of Giuseppe Verdi’s masterpiece Macbeth is staged on Friday at the square of the Medieval Castle in Paphos...
https://knews.kathimerini.com.cy/en/news/waters-summer-mission-reaches-cyprus
California Congresswoman Maxine Waters is on summer recess trip to Europe with a US special delegation on a mission meeting with officials in Switzerland and Cyprus...
https://knews.kathimerini.com.cy/en/business/scope-rates-cyprus-with-bbb
Scope Ratings affirmed last week the Republic of Cyprus’ BBB- long-term issuer and senior unsecured local- and foreign-currency ratings, along with a short-term issuer rating of S-2 in both local and foreign currency, noting that all outlooks are stable...
https://knews.kathimerini.com.cy/en/news/tourism-staggers-this-year-but-officials-still-hope
Deputy Minister for Tourism Savvas Perdios says 2019 is a difficult year for tourism but there is no need for panic as positive developments may be expected in the coming weeks...
https://knews.kathimerini.com.cy/en/news/greek-pm-in-charm-offensive-aiming-to-ease-primary-surplus-targets
Prime Minister Kyriakos Mitsotakis is planning a series of trips abroad toward the end of this month and next, hoping to convince Greece’s creditors of the recently elected government’s commitment to reforms and to lay the groundwork for reducing demanding primary surplus targets agreed under the country’s post-bailout agreement....
https://knews.kathimerini.com.cy/en/life/go-trendy-or-classic-with-garden-furniture-from-jysk
Do you want to be Trendy or Classis this August? To answer this, visit the JYSK store at Nicosia Mall. August, as the typical holiday month, is ideal for resting and relaxing with family and friends. That’s why JYSK, the famous Danish retailer chain, offers two garden furniture sets to two lucky winners to make your summer even more beautiful. A Trendy and a Classic one!
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https://knews.kathimerini.com.cy/en/news/trump-s-yuan-move-makes-a-china-deal-much-harder
The decision to label China a currency manipulator boxes in Donald Trump and Xi Jinping. The U.S. Treasury Department made the move after Beijing allowed the yuan to slide below the key level of 7 to the dollar. It’s the first such designation for the People’s Republic since 1994. The sudden escalation will make it harder for both sides to reach a trade truce...
https://knews.kathimerini.com.cy/en/business/exceeding-expectations
In the eight months of its operation, Nicosia Mall has surpassed expectations. Following the triumphant opening in November 2018 and the resounding welcome by consumers, the capital’s newest shopping mall has been steadily and assuredly pulling in crowds and converting them into devoted customers. The outstanding traffic as well as the levels of satisfaction and observed visitor loyalty, which are examined on a quarterly basis through surveys, are a testament that a thoughtfully planned retail destination and a customer centric approach can yield success. Most importantly, the data available foretells a bright future ahead...
