https://knews.kathimerini.com.cy/en/business/audit-uncovers-mismanagement-in-cyprus-public-health-system
In a damning revelation, Auditor General Odysseas Michaelides unveiled alarming mismanagement within Cyprus' public health sector, particularly in its flagship National Health System (GESY). ...
https://knews.kathimerini.com.cy/en/news/cyprus-economy-holds-steady-amid-challenges
Canadian credit rating agency DBRS Ratings GmbH (Morningstar DBRS) has affirmed the Republic of Cyprus's long-term ratings, maintaining it at BBB (high) with a stable economic outlook. ...
https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation
International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks.
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https://knews.kathimerini.com.cy/en/news/labor-minister-discusses-cost-of-living-allowance-for-cyprus
In an interview with Oriana Papantoniou, Minister of Labor and Social Insurance Yiannis Panayiotou highlighted the significant strides made during his first year in office, emphasizing a people-centric approach to governance. ...
https://knews.kathimerini.com.cy/en/news/cyprus-ends-fuel-tax-break-prices-set-to-spike-from-april-1st
Starting April 1st, the reduced consumption tax on fuels (95-octane gasoline and diesel) will come to an end, reverting to 8.3 cents per liter for gasoline and 6.3 cents per liter for heating oil....
https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-allies-forge-€7-4b-deal-with-egypt-to-transform-energy-landscape
European Union and Egyptian leaders joined forces on Sunday to sign a substantial €7.4 billion financial package aimed at bolstering Egypt's economy, enhancing energy trade with Europe, and addressing irregular migrant flows....
https://knews.kathimerini.com.cy/en/comment/opinion/christodoulides-public-perception-and-expectation
"The mistakes weren't made in policies; they were made in behaviors and choices, and those were corrected immediately," said the President of the Republic in response to a question posed by colleague Stavros Kyprianou, during a televised interview....
https://knews.kathimerini.com.cy/en/news/hotel-industry-faces-backlash-over-residence-fees
The inclusion of a residence tax within the framework of the green tax reform, affecting hotels, tourist accommodations, and Airbnb, is expected to trigger reactions within the hotel industry....
https://knews.kathimerini.com.cy/en/news/greek-lawmakers-in-corfu-ostracized-over-same-sex-marriage-vote
In a heightened response from the Orthodox Church of Greece, backlash against the recent law legalizing same-sex civil marriage intensified on Tuesday. ...
https://knews.kathimerini.com.cy/en/news/president-s-fireside-chat-with-chosen-few-unveils-triumphs-and-controversy
In an interchannel interview held to evaluate the first year in office, President of the Republic Nikos Christodoulides commenced proceedings a few minutes after 20:30. ...
https://knews.kathimerini.com.cy/en/news/president-christodoulides-candid-year-one-address
In a televised address marking the completion of his first year in office, President Nikos Christodoulides highlighted the achievements and priorities of his administration. Emphasizing transparency and accountability, the President outlined the following key areas of focus:...
https://knews.kathimerini.com.cy/en/news/central-bank-predicts-2-2-gdp-growth-in-2023
The Central Bank of Cyprus (CBC) expects GDP growth of 2.2% in 2023, compared to significant growth of 5.1% in 2022, while for the years 2024-26 it expects GDP growth of 2.6%, 3.1% and 3.2%, respectively....
https://knews.kathimerini.com.cy/en/news/communities-lay-foundation-for-future-governance
Beyond the spotlight on municipalities due to identified weaknesses in the preparation and implementation stages, a transformative wave is on the horizon for communities set to operate under a new regime starting July 1st....
https://knews.kathimerini.com.cy/en/business/february-newsletter-of-k-treppides-co-ltd-european-banking-authority
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. A newsletter issue from Treppides is an essential tool for those who are engaged in the broader financial and business sector, as one can find through the pages all the important and current developments, as well as the latest news relating to financial, audit and assurance, tax as well as legal services....
https://knews.kathimerini.com.cy/en/comment/opinion/will-anyone-be-held-accountable
Experts conduct studies, and we pay them for their work. However, the problem arises when these studies are manipulated to align with the interests of our friendly MPs....
https://knews.kathimerini.com.cy/en/news/800-divorces-annually-35-000-single-parents-and-outdated-benefits
The Human Rights Committee of the Parliament convened today, shedding light on critical issues affecting single-parent families in Cyprus....
https://knews.kathimerini.com.cy/en/business/pillar-two-readiness-and-technology
As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...
https://knews.kathimerini.com.cy/en/news/european-parliament-honors-navalny-amidst-food-inflation
The European Parliament will commemorate the life of Russian activist Alexei Navalny, featuring an address by his wife, Yulia Navalnaya, in its plenary session this week in Strasbourg......
https://knews.kathimerini.com.cy/en/news/minister-vows-to-solve-prison-overcrowding-by-2026
Justice and Public Order Minister Marios Hartsiotis said on Friday he expects a significant reduction in prison overcrowding after the construction of the new Central Prison building, to be completed in 2026 according to schedule....
https://knews.kathimerini.com.cy/en/business/ey-seminar-explores-green-tax-impact-on-businesses
EY Cyprus Academy of Learning and Development Organized a Seminar on Sustainability and Green Taxes Affecting Business – As – Usual: The EU Role of Cyprus.
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https://knews.kathimerini.com.cy/en/news/norwegian-lng-fueling-india-s-energy-future-starting-2026
In a strategic move echoing India's green ambitions, Deepak Fertilisers has joined forces with Norwegian giant Equinor to secure a 15-year supply of liquefied natural gas (LNG)....
https://knews.kathimerini.com.cy/en/news/government-reveals-setbacks-in-local-governance-overhaul
The Cypriot government admits to deficiencies in its largest administrative overhaul since the Republic's inception, just four months before its official launch....
https://knews.kathimerini.com.cy/en/business/cyprus-delays-15-multinational-tax-enforcement
Cyprus has yet to enforce the new EU rules introducing a minimum effective tax rate of 15% for multinational corporations operating within EU member states....
https://knews.kathimerini.com.cy/en/news/netherlands-tops-global-pension-charts
A recent analysis by the Mercer CFA Institute has identified European nations as leaders in global pension systems. The Netherlands secures the top spot in the rankings, with Iceland and Denmark following closely behind....
https://knews.kathimerini.com.cy/en/news/eu-unveils-stricter-fiscal-rules-for-member-states
The European Commission has introduced new fiscal rules aimed at promoting growth and financial discipline among member states. The framework, ...
https://knews.kathimerini.com.cy/en/news/surge-in-custody-escapes-sparks-government-response
Once again, the spotlight shines on the issue of escapes from police custody, ignited by the daring getaway of a 17-year-old from the Kokkinotrimithia......
https://knews.kathimerini.com.cy/en/news/russian-detain-over-300-paying-tribute-to-alexei-navalny
Amidst global outcry, Russians mourn the death of opposition leader Alexei Navalny, detained in an Arctic prison, as more than 300 individuals face arrest for paying their respects....
https://knews.kathimerini.com.cy/en/news/greece-s-parliament-approves-same-sex-marriage-rights
Greece’s 300-member Parliament approved the bill granting same-sex couples equal rights in marriage in a roll call vote on Thursday night. The reform extends full parental rights to gay couples but will not allow for medically assisted reproduction through a surrogate.
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https://knews.kathimerini.com.cy/en/news/it-will-make-the-invisible-visible
Prime Minister Kyriakos Mitsotakis said on Thursday that a bill granting same-sex couples equal rights in marriage would make their families ''visible.''...
https://knews.kathimerini.com.cy/en/comment/opinion/the-sloppiness-of-our-brig-brother
The Cypriot's life is filled with cameras: pocket cameras worth 1,000 euros that also take phone calls, home cameras warding off unwanted visitors, and now cameras on the main arteries of the road network. ...