https://knews.kathimerini.com.cy/en/news/€1-million-to-boost-turkish-cypriot-cheese-exports
The European Commission's EU-funded assistance program aimed at eradicating zoonotic diseases (those that jump from animal to human) in dairy animals in areas not under the effective control of the Government of the Republic of Cyprus was officially launched today....
https://knews.kathimerini.com.cy/en/business/regulatory-change-delays-electric-air-taxi-market-entry
The era of electric air taxis is near, but a regulatory change has created an obstacle for manufacturers.
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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....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-calls-for-stronger-anti-corruption-measures
In a seminar organized by the Cyprus Bar Association on "Independent Anti-Corruption Authority: legislation, practice, and challenges," President of the Republic, Nikos Christodoulides, emphasized the government's commitment to combating corruption and promoting political accountability....
https://knews.kathimerini.com.cy/en/news/nicosia-s-camera-system-gets-an-upgrade
As of June 6, 2023, the traffic camera system in Nicosia will undergo an expansion with the installation of new cameras at two controlled intersections. The move aims to improve surveillance and regulation of traffic in the area....
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/business/3-may-newsletter-of-k-treppides-co-ltd-cysec
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....
https://knews.kathimerini.com.cy/en/business/eu-launches-innovative-support-center-for-green-line-trade
The European Commission has announced the establishment of an information and support center, in collaboration with the Cyprus Chamber of Commerce and Industry (CCCI) and the Turkish Cypriot Chamber of Commerce (TCCC), to facilitate legal trade across the Green Line for Cypriot businesses and individuals....
https://knews.kathimerini.com.cy/en/business/divestments-trigger-a-risk-of-backlash-in-the-recovery-fund
As Cyprus races against time to secure €1.1 billion in grants and loans from the Recovery Fund (NextGenerationEU) by June 2026, a new challenge arises. ...
https://knews.kathimerini.com.cy/en/news/usa-child-labor-seen-as-solution-to-labor-shortage
Lawmakers in several states, predominantly Republicans, are pushing for legislation that would relax labor laws for children, allowing them to work in more hazardous occupations, longer hours on school nights...
https://knews.kathimerini.com.cy/en/news/school-bus-safety-32-complaints-only-this-year
The House Transport Committee scrutinized the safety of buses, particularly those transporting students and citizens, during its session on Thursday, May 25. ...
https://knews.kathimerini.com.cy/en/business/eba-tightens-its-grip-in-response-to-sanctions
Following the uproar caused by the lists of sanctions issued by the US, UK, and European authorities, the European Banking Authority (EBA) is tightening its standards in response. ...
https://knews.kathimerini.com.cy/en/business/cbc-urges-banks-to-embrace-transformation-for-sustainablefuture
Constantinos Herodotou, Governor of the Central Bank of Cyprus, emphasized the need for Cypriot banks to seize the current favorable circumstances and address impending challenges during his speech at the 2023 ICPAC Mediterranean Finance Summit held in Limassol on Thursday....
https://knews.kathimerini.com.cy/en/business/ai-warning-urgent-government-intervention-needed-says-openai-ceo
Tech companies are in danger of unleashing a rogue artificial intelligence that will cause “significant harm to the world” without urgent intervention by governments, the creator of ChatGPT has admitted....
https://knews.kathimerini.com.cy/en/business/1-may-newsletter-of-k-treppides-co-ltd-cysec
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....
https://knews.kathimerini.com.cy/en/news/cypriot-commissioner-wants-women-out-of-sex-work
Cyprus’ gender commissioner is on a mission to steer debate on ending prostitution, saying she wants to criminalize paid sex and offer 'a way out' for women in the unregulated industry of the world’s oldest profession...
https://knews.kathimerini.com.cy/en/business/sales-of-halloumi-are-increasing
The registration of halloumi cheese as a protected designation of origin product has proven to be beneficial. This is demonstrated by the latest data from the statistical service regarding exports, as well as sales in the Cypriot market....
https://knews.kathimerini.com.cy/en/comment/opinion/full-speed-ahead-to-manage-the-partition
Varosha was considered the last hope for a solution to the Cyprus problem and was "the negotiating card" of the Turkish side, as the former leader of the Turkish Cypriot community, Mehmet Ali Talat,...
https://knews.kathimerini.com.cy/en/news/murdered-hooker-still-unnamed-as-friend-gets-jailed
More details have emerged in the brutal murder of a woman from Ukraine, with Cypriot police focusing primarily on a single male suspect while also arresting her female friend, a key witness who says she had booked an extended paid sex appointment for the victim on the night she was killed...
https://knews.kathimerini.com.cy/en/news/19-year-old-advisor-appointment-sparks-political-outcry
The appointment of a 19-year-old student as an adviser to the Deputy Minister of Tourism has sparked political controversy. Both AKEL and DISY parties have released statements condemning the move. ...
https://knews.kathimerini.com.cy/en/news/sex-rendezvous-messages-emerge-in-murder-investigation
Cyprus Police are investigating the murder of a sex worker in Limassol that took place over the weekend, when a woman from Ukraine was found dead in her hotel apartment where an asylum seeker from Turkey had also booked an appointment to see her on Saturday evening...
https://knews.kathimerini.com.cy/en/news/cops-boost-sex-trafficking-ops-days-after-limassol-murder
Cyprus Police arrested a man in Limassol on Tuesday during a sex trafficking operation, but officials declined to comment whether the investigation was linked to the murder of an unnamed woman from Ukraine over the weekend...
https://knews.kathimerini.com.cy/en/news/russia-s-lukoil-completes-sale-of-oil-refinery-in-italy
Russia's second-largest oil producer Lukoil said on Thursday its subsidiary LITASCO had completed the sale of the ISAB oil refinery in Sicily to Cypriot private equity firm G.O.I. Energy following approval by Italian authorities...
https://knews.kathimerini.com.cy/en/news/green-line-border-agents-get-ready-for-action
Over two hundred Green Line border agents will report on duty later this month on the Greek Cypriot side of the UN buffer zone, but the newly-hired sergeants will only focus on irregular migrants, leaving drug trafficking and other crimes off the agenda...
https://knews.kathimerini.com.cy/en/news/us-mcdonald-s-franchisee-employed-two-10-year-olds-broke-labor-laws
A McDonald's franchisee in Kentucky employed two 10-year-old children in violation of federal labor laws, the Department of Labor said Tuesday....
https://knews.kathimerini.com.cy/en/business/dr-charis-savvides-joins-grant-thornton-cyprus
Grant Thornton Cyprus is pleased to announce that Dr Charis Savvides joined the Firm as the Funds and Regulatory Compliance Services Leader. This appointment is part of the Firm’s strategic plans to enhance its advisory offering and at the same time, to meet growing client demands....
https://knews.kathimerini.com.cy/en/comment/opinion/what-s-wrong-with-a-little-transparency
There has been a lot of buzz surrounding e-kalathi in recent days. It is an electronic platform that aims to provide consumers with real-time updates on the prices of products in supermarkets, enabling them to easily find the best deals on their preferred products....
https://knews.kathimerini.com.cy/en/news/ec-proposes-major-reforms-to-create-single-market-for-medicines
The European Commission has proposed a new single market for medicines in the European Union (EU) to create an attractive and innovation-friendly environment for the research, development, and production of medicines....
https://knews.kathimerini.com.cy/en/news/lack-of-aircraft-preventing-global-air-travel-recovery
The air travel industry has recently been facing delays in aircraft deliveries, a problem that is not allowing it to fully recover from the pandemic....
