https://knews.kathimerini.com.cy/en/news/€156-million-and-still-suffocating-minister-tells-municipalities-to-explain
If government funding for municipalities rose from €70 million to €117 million, why are local authorities now saying they cannot breathe financially?...
https://knews.kathimerini.com.cy/en/news/the-republic-of-cyprus-is-being-held-hostage-by-its-own-energy-crisis
Energy Minister Michalis Damianos recently advised citizens to remain patient while the Transmission System Operator Cyprus (TSOC) rolls out scheduled blackouts during heatwaves over 40 degrees Celsius. Unsurprisingly, these comments met with anger and outrage....
https://knews.kathimerini.com.cy/en/comment/opinion/limited-liability-pension-reform
The government's focus for the rest of the year will be low pensions. The government's plan is to grant pension increases to all retirees, regardless of income level, following the same approach adopted in the tax reform....
https://knews.kathimerini.com.cy/en/news/1-their-pay-went-up-just-1-5-in-17-years-now-they-re-taking-to-the-streets
For many Cypriots, the people who clean public buildings, maintain government facilities, support hospital operations, and keep essential services running often go unnoticed until they stop working....
https://knews.kathimerini.com.cy/en/news/thousands-of-government-hourly-workers-to-strike-next-week-over-pay-dispute
Thousands of hourly-paid government workers are set to strike next Wednesday, demanding higher wages and improved benefits amid ongoing negotiations with unions for new contracts....
https://knews.kathimerini.com.cy/en/news/when-london-considered-leaving-cyprus
In the mid-1970s, Britain considered a complete withdrawal from Cyprus. A series of declassified British archival documents show that the government under Harold Wilson examined the possibility of fully removing its bases from the island....
https://knews.kathimerini.com.cy/en/news/new-traffic-camera-fines-take-effect-in-cyprus-starting-today
Drivers in Cyprus who ignore traffic lights could soon feel it in their wallets and on their driving record....
https://knews.kathimerini.com.cy/en/news/municipality-of-nicosia-launches-municipal-citizens-registry
The Municipality of Nicosia has announced the launch of a Municipal Citizens Registry, a new initiative designed to establish direct, reliable, and meaningful communication with residents....
https://knews.kathimerini.com.cy/en/business/outrage-grows-over-latchi-hotel-permit-as-authorities-face-criticism
What once could be dismissed as a whiff of scandal has now become a full-blown controversy in Latchi, with the local Planning Authority in Paphos accused of acting as a “state within a state” in the approval of a hotel project that has repeatedly sidestepped the law....
https://knews.kathimerini.com.cy/en/comment/opinion/coincidence-i-think-not
The recent leak of a maliciously edited video featuring one of former President Nikos Anastasiadis’s most successful ministers, Giorgos Lakkotrypis, has left Cyprus buzzing, and not for the usual reasons. ...
https://knews.kathimerini.com.cy/en/news/we-can-t-pay-this-farmers-hit-with-water-bills-going-back-ten-years
Farmers across Cyprus say they’ve been hit with shocking water bills going back nearly ten years, and they warn the sudden charges could put them out of business....
https://knews.kathimerini.com.cy/en/news/build-first-get-permits-later-the-hotel-that-keeps-breaking-the-rules
Construction at the Leonardo Club Latchi (Latsi) hotel has repeatedly tested the limits of Cyprus’ urban planning laws....
https://knews.kathimerini.com.cy/en/news/families-of-children-with-disabilities-left-waiting-months-for-benefits-commissioner-says
The Commissioner for the Protection of Children’s Rights, Despo Michaelidou, has condemned delays and the refusal to pay retroactive benefits for children with disabilities....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-is-being-bought-and-the-state-doesn-t-seem-to-know-or-care
About a year ago, I met with the top state official responsible for land and property issues in Cyprus. I won’t name names. My intention isn’t to target anyone personally, but I will say this: I spoke to the person who should know the most about the growing number of real estate acquisitions by non-EU nationals....
https://knews.kathimerini.com.cy/en/news/akamas-for-sale
Nearly two years after serious environmental violations were first reported in the Akamas peninsula, a protected and ecologically sensitive area, illegal activity continues, seemingly without consequences....
https://knews.kathimerini.com.cy/en/news/private-company-constructs-power-plant-in-mari-without-permits
A private company has built key infrastructure to support the operation of a privately owned power plant in Mari without obtaining the necessary permits, according to a special report by the Audit Office....
https://knews.kathimerini.com.cy/en/news/are-rules-only-for-some-illegal-latchi-hotel-expansion-set-to-be-approved
A controversial tourist development in Latchi has raised serious concerns over government transparency and adherence to the rule of law, as the construction of a four-star resort faces allegations of long-standing illegalities. ...
https://knews.kathimerini.com.cy/en/news/how-abramovich-evaded-millions-in-taxes-using-cyprus
A massive tax evasion scheme tied to Roman Abramovich’s superyachts has been uncovered, shedding light on how the Russian billionaire exploited Cyprus’ offshore business environment. Leaked documents reveal that from 2005 to 2012, Abramovich’s companies set up a fake yacht-leasing business in Cyprus to dodge EU taxes on his luxury vessels....
https://knews.kathimerini.com.cy/en/news/paphos-eoa-demands-demolition-of-illegal-latchi-tourist-complex
The Paphos Provincial Self-Government Organization (EOA) has filed a lawsuit to stop illegal construction at a tourist apartment complex in Latchi....
https://knews.kathimerini.com.cy/en/news/ecb-to-review-akel-s-proposed-bank-tax-amid-financial-concerns
The European Central Bank (ECB) is set to evaluate a proposed "windfall tax" on banks, commonly associated with the leftist political party AKEL, in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/illegal-construction-raises-concerns-at-latchi-tourist-site
Authorities are grappling with a series of planning violations at a tourist complex in Latchi, Cyprus, being developed by Israeli interests....
https://knews.kathimerini.com.cy/en/news/kyriakides-secures-eu-health-funding-for-bosnia-and-herzegovina
Commissioner for Health Stella Kyriakides signed on behalf of the European Commission an association agreement of Bosnia and Herzegovina with theEU4Health programme, according to a press release....
https://knews.kathimerini.com.cy/en/news/commissioner-orders-payment-of-single-parent-allowance-waiting-for-2-5-years
Maria Stylianou Lottides, the Commissioner for Administration and Protection of Human Rights, has strongly recommended the swift disbursement of a single-parent family allowance to a complainant. ...
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/parliament-enacts-law-granting-tax-exemption-on-loan-repayments
The House of Representatives has unanimously approved a law exempting individuals who sold real estate or transferred shares to repay Non-Servicing Loans from the 0.4% tax designated for the Central Equal Weight Sharing Agency...
https://knews.kathimerini.com.cy/en/news/15-4-spike-in-public-expenditure-for-2024
In the 2024 Budget, there's a notable rise of EUR 0.5 billion in public personnel expenditure. According to the Council of Ministers' approved budget table for 2024, this marks a substantial increase of 496 million euros. In terms of percentages, this surge amounts to 15.4% compared to the personnel expenditure allocated for the public sector in 2023....
https://knews.kathimerini.com.cy/en/news/hotel-employees-get-wage-boost
The Council of Ministers convened earlier today to address key labor-related matters. One significant decision that emerged from the meeting was the approval of a higher minimum wage threshold for the hotel industry,...
https://knews.kathimerini.com.cy/en/news/the-president-s-omissions-and-unaddressed-issues
Flanked by his cabinet and through a 24-page document, the President of the Republic presented the program and actions of the government from his first day in office until today. ...
https://knews.kathimerini.com.cy/en/news/new-law-will-require-presidential-candidates-to-disclose-donations
Today (Wednesday, April 26), the Parliament's Institutions Committee began discussing the law proposal submitted by DISY MP and chairman of the Committee, Demetris Demetriou, on behalf of his party's Parliamentary Group, ...
https://knews.kathimerini.com.cy/en/business/tying-up-loose-ends-at-hellenic
Hellenic Bank experienced several changes in 2022, as it closed outstanding issues while also opening new chapters. Hellenic Bank made changes to its top management, staff, shareholding composition, and labor issues in the fourth quarter of 2022, ...