https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-targets-green-initiatives-and-economic-revitalization
By March 2024, the initial six phases of the tax transformation project commissioned by the Ministry of Finance to the Centre for Economic Research of the University of Cyprus will conclude,...
https://knews.kathimerini.com.cy/en/business/cifa-projects-optimistic-2024-for-cyprus-investment-funds-amid-challenges
The Cyprus Investment Funds Association (CIFA) has expressed optimism for the Investment Funds sector in Cyprus in 2024, projecting another positive year despite existing challenges and uncertainties, according to a press release.
...
https://knews.kathimerini.com.cy/en/news/cabinet-approves-free-preschool-for-4-year-olds
The Council of Ministers today greenlit the expansion of free pre-primary education for 4-year-olds, announced Education Minister Athina Michaelidou following the conclusion of the Cabinet meeting....
https://knews.kathimerini.com.cy/en/business/cyprus-grapples-with-lingering-private-debt-woes
In Cyprus, the European Commission consistently highlights the significant economic challenge of private debt through regular post-program or post-memorandum reports....
https://knews.kathimerini.com.cy/en/news/mayfair-shaken-by-£300k-ferrari-collision
A high-octane saga unfolded on the streets of London's Mayfair as a £300,000 Ferrari 296, painted in regal purple, met its match in a collision with a bollard on New Year's Day. ...
https://knews.kathimerini.com.cy/en/news/knitted-octopuses-emerge-as-essential-companions-for-preterm-babies
In the delicate world of premature infant care, a heartwarming discovery has emerged. Crafted with precision and care, knitted octopus teddies are proving to be indispensable companions for preterm babies....
https://knews.kathimerini.com.cy/en/news/highlights-and-shadows-in-global-new-year-s-revelry
As the world transitioned into the new year, a kaleidoscope of celebrations unfolded across the globe....
https://knews.kathimerini.com.cy/en/news/nicosia-hospital-powers-up-as-photovoltaic-park-installation-underway
In a significant development, the initial phase of the photovoltaic park installation at Nicosia General Hospital, managed by the State Health Services Organisation (OKYPY)...
https://knews.kathimerini.com.cy/en/news/turkey-bans-hit-tv-series-over-values-clash
In a controversial move, Turkey's broadcasting regulator, RTUK, enforced a two-week ban on the hit series ''Kizil Goncalar'' (Crimson Buds), citing conflicts with ''society's national and spiritual values.''...
https://knews.kathimerini.com.cy/en/news/european-commission-disburses-funds-to-six-member-states
The European Commission disbursed payments to six Member States Thursday, under the Recovery and Resilience Facility (RRF)....
https://knews.kathimerini.com.cy/en/news/ec-allocates-recovery-funds-to-six-member-states
The European Commission disbursed payments to six Member States on Thursday, marking a milestone in the implementation of the Recovery and Resilience Facility (RRF). ...
https://knews.kathimerini.com.cy/en/news/eu-s-schinas-criticizes-veto-use-stresses-need-for-compromise
European Commission Vice President Margaritis Schinas voiced concerns about the use of the veto as a primary defense tactic, stating that it hinders compromise rather than facilitating it....
https://knews.kathimerini.com.cy/en/news/cbc-warns-of-non-performing-loan-surge-amid-economic-challenges
The Central Bank of Cyprus (CBC) issued a warning on Monday, cautioning about the potential influx of non-performing loans (NPLs) driven by high-interest rates and inflation, which are impacting households' disposable income and businesses' profitability....
https://knews.kathimerini.com.cy/en/news/online-support-surges-for-nubz-the-shoe-wearing-chicken
In the picturesque town of Escondido, California, a captivating saga unfolds as a disabled Malaysian Serama chicken named Nubz finds his place in the hearts of the online community, all thanks to the compassion of dog walker Meech Davignon....
https://knews.kathimerini.com.cy/en/news/themis-themistocles-signals-potential-2024-interest-rate-cut
In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...
https://knews.kathimerini.com.cy/en/news/government-joins-elite-with-third-plea-for-€152-3m
Acting Permanent Secretary of DG Growth at the Finance Ministry, Andreas Zachariades, said on Thursday that as of Friday, Cyprus will be among the first ten EU member states that have submitted the third payment request from the Recovery and Resilience Mechanism of the EU....
https://knews.kathimerini.com.cy/en/news/balcony-collapse-shakes-limassol
In the early hours of the morning, a residential block on Nafpliou Street in Limassol was thrust into chaos as balconies on multiple floors of an apartment building gave way. ...
https://knews.kathimerini.com.cy/en/news/arachova-faces-unrest-as-oliver-slaying-triggers-online-boycott
In the enchanting town of Arachova, situated at the base of Mount Parnassos, a distressing event has stirred waves of unease. The recent brutal killing and torture of an 8-year-old Husky named Oliver have prompted an online boycott targeting the winter resort....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-receives-positive-rating-boost
Fitch, the International Rating Agency, upgraded Cyprus' long-term rating to positive, citing economic resilience and fiscal strength. The agency affirmed the 'BBB' rating, previously upgraded in March 2023. ...
https://knews.kathimerini.com.cy/en/comment/opinion/defying-dictatorship
In their quiet struggle for freedom and democracy, the people of Belarus represent a beacon of courage and resilience. Despite decades of authoritarian rule and systematic repression, they are relentless in their pursuit of a life of liberty. It is a battle that, especially in this moment of global instability, cannot be forgotten....
https://knews.kathimerini.com.cy/en/news/oscar-nominated-ryan-o-neal-passes-away-at-82
In a poignant turn of events, Ryan O'Neal, the heartthrob actor who seamlessly transitioned from TV soap operas to Oscar-nominated roles, has bid farewell at the age of 82....
https://knews.kathimerini.com.cy/en/news/stylianou-s-pledge-to-battle-cancer-alone-at-man-of-the-year-awards
In a testament to resilience and the strength found in adversity, Petros Stylianou triumphed over a challenging bout with cancer, reshaping his life's purpose to champion those facing a similar ordeal....
https://knews.kathimerini.com.cy/en/business/ktrends-survey-reveals-public-dissatisfaction-with-cyprus-government
In a recent economic survey conducted by ''Kathimerini,'' the fifth wave of ''Ktrends'' highlights notable trends in economic, household, and market dynamics for October 2023. ...
https://knews.kathimerini.com.cy/en/news/why-the-constant-delay-in-the-cyprus-chevron-gas-deal
Negotiations between the Republic of Cyprus and Chevron, representing the Aphrodite consortium in block ''12'' in the Cypriot EEZ, are currently stuck, primarily due to differences in the time frame. ...
https://knews.kathimerini.com.cy/en/news/fiscal-council-cautions-on-2024-economic-risks-despite-optimism
Recently, the Cyprus Fiscal Council took a close look at how our economy is doing. They gave us some important info based on their study....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-returns-to-london-for-investment-talks
Just two months after its last visit to the heart of investment interest, the Bank of Cyprus is making waves again in London....
https://knews.kathimerini.com.cy/en/news/ministry-s-robust-€65-2m-budget-signals-ambitious-2024-plans
At 65.2 million euros, the proposed budget of the Ministry of Tourism for 2024 surpasses previous years, accounting for initial budgets and excluding additional expenditures....
https://knews.kathimerini.com.cy/en/news/declines-in-kerosene-and-heating-gasoil-offset-by-surges-in-aviation-fuel-sales
Sales of Cyprus’ petroleum products recorded a 1.3% decline in October 2023, totaling 130,677 tonnes, marking a downturn compared to the same month in 2022....
https://knews.kathimerini.com.cy/en/news/a-9-year-old-s-heartbreaking-journey-from-hostage-to-home
In a harrowing ordeal, Emily Hunt spent her ninth birthday as a hostage in Gaza, caught in the crossfire of a Hamas attack in southern Israel. Reuniting with her father after fears of her demise, Emily's story sheds light on the toll of conflict.
...
https://knews.kathimerini.com.cy/en/news/cyprus-robust-11-8-surge-in-household-spending-defies-eu-norms
In 2022, Cyprus experienced a notable 11.8% increase in household final consumption expenditure compared to the previous year, surpassing the EU's overall growth of 4.7%, as reported by Eurostat. ...
