https://knews.kathimerini.com.cy/en/business/businesses-fear-global-tax-reform-will-lead-to-double-taxation
Global tax reform, ineffective use of technology and economic uncertainty are putting significant strain on business’ transfer pricing (TP) capabilities, according to the 2024 EY International Tax and Transfer Pricing Survey....
https://knews.kathimerini.com.cy/en/news/tourist-convinced-of-curse-returns-stolen-pompeii-artifacts
A tourist recently made headlines by returning stones stolen from the ancient site of Pompeii, attributing her breast cancer to the famous 'curse' associated with the artifacts....
https://knews.kathimerini.com.cy/en/news/businesses-receive-€14-million-in-pandemic-blunder
In an inadvertent error, support payments totaling EUR 13.82 million were extended to 152 cases, failing to meet subsidy criteria under the Plan's terms and conditions. ...
https://knews.kathimerini.com.cy/en/news/frontex-commends-cyprus-for-successful-immigration-management
Grigorios Apostolou, the Head of the Frontex Liaison Office for Greece and Cyprus, commended Cyprus for its effective immigration management strategy....
https://knews.kathimerini.com.cy/en/news/nicosia-operation-nets-11-arrests-in-illegal-residence-crackdown
In a coordinated operation aimed at combating illegal residence within the Republic of Cyprus, police arrested 11 individuals in the Nicosia district....
https://knews.kathimerini.com.cy/en/news/greek-millionaire-s-$2m-gift-transforms-village
In a surprising twist of fate, the legacy of a frugal Greek millionaire, Steven Zonas, unfolded in 1980, revealing a hidden fortune that transformed his native village, Mexiates in Phthiotis, Greece....
https://knews.kathimerini.com.cy/en/business/79-jump-in-consumer-complaints-this-year
In a substantial leap from 2022, the Cyprus Consumer Association reports a noteworthy spike in four complaint categories in 2023....
https://knews.kathimerini.com.cy/en/news/spotty-rain-returns-to-the-scene
A weak low-pressure system is dominating the area, with a low-pressure center over the Italian peninsula moving eastward, set to impact us mainly from tomorrow afternoon onwards....
https://knews.kathimerini.com.cy/en/news/surge-in-syrian-asylum-seekers-amid-drop-in-african-arrivals
The Ministry of Interior disclosed an uptick in asylum applications from Syrians, predominantly arriving by sea, citing challenges in managing these individuals due to the perilous conditions in their home country. ...
https://knews.kathimerini.com.cy/en/news/cyprus-expands-diplomatic-footprint-bolsters-migration-management-efforts
President Nicos Christodoulides, leading the Council of Ministers at the Presidential Palace, announced significant developments in Cyprus' foreign policy and measures taken to address migration challenges....
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/cyprus-on-edge-as-unficyp-peacekeepers-attacked-in-buffer-zone
Four months ago, in late August, UNFICYP peacekeepers faced a violent attack within the buffer zone in Pyla by a group of Turkish Cypriots....
https://knews.kathimerini.com.cy/en/news/citizen-pays-500-euros-fine-in-coins-at-limassol-court
In an extraordinary turn of events at the Limassol Court on Tuesday morning, a routine fine payment took an unexpected and unconventional route, leaving court officials and onlookers in disbelief....
https://knews.kathimerini.com.cy/en/news/€6m-fund-faces-scrutiny-in-migrant-returns
A recent evaluation conducted by the Audit Office sheds light on the challenges faced by the Police in detecting and repatriating irregular migrants and asylum seekers....
https://knews.kathimerini.com.cy/en/news/government-achieves-historic-50-drop-in-asylum-applications
There is a 50% reduction in the period March-October 2023 in new asylum applications compared to the 2022 corresponding period, the Interior Ministry said on Tuesday, noting at the same time that for the first time, the overall balance of arrivals-returns presents a positive picture, and Cyprus is now ranking in the first places among European states in absolute numbers of returns....
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/cyprus-cracks-down-as-233-illegal-residents-repatriated-last-saturday
A total of 233 persons who resided illegally in Cyprus, departed the country within a week (18-25/11/2023), as part of Police efforts for the return of third-country nationals to their countries of origin....
https://knews.kathimerini.com.cy/en/news/athens-christmas-cat-show-is-back-in-town
Athens is set to become the epicenter of feline fascination as the highly anticipated cat festival returns to the Peristeri Exhibition Centre on December 2nd and 3rd....
https://knews.kathimerini.com.cy/en/news/over-200-illegal-migrants-exit-cyprus-in-forced-repatriation-drive
In the past week (11-17/11/2023), a total of 202 individuals, residing illegally in Cyprus, voluntarily left the country as part of the ongoing efforts by the Police to facilitate the return of third-country nationals to their countries of origin....
https://knews.kathimerini.com.cy/en/business/master-the-art-of-black-friday-shopping
As the Black Friday tradition, originating in the 1960s in the United States, ushers in the Christmas shopping season, Cypriots face unique economic challenges....
https://knews.kathimerini.com.cy/en/news/the-mystery-of-cyprus-social-insurance-fund
The Republic of Cyprus achieved its first significant milestone with the establishment of the Social Insurance System, originally introduced during the colonial era. ...
https://knews.kathimerini.com.cy/en/news/an-experienced-hand-returns-to-cyprus-for-a-fresh-push-toward-reunification
The process of resuming Cyprus talks is set to see progress with the appointment of a UN envoy by Secretary-General Antonio Guterres. This move signifies Nicosia's willingness to advance negotiations with the aim of finding a solution, ending the stalemate that has persisted since 2017....
https://knews.kathimerini.com.cy/en/news/cyprus-appeals-for-eu-coordination-on-refugee-challenges
Cyprus calls for coordinated action at the EU level to deal with a possible new influx of refugees as a result of the war between Hamas and Israel, Interior Minister, Constantinos Ioannou, said during the first day of the Justice and Home Affairs Council meeting in Luxembourg....
https://knews.kathimerini.com.cy/en/news/eu-unveils-east-med-action-plan-to-stem-migration-flows
The European Commission has unveiled an EU Action Plan for the Eastern Mediterranean in anticipation of the forthcoming meetings, including the Justice and Home Affairs Council scheduled for October 19 and the European Council on October 26-27....
https://knews.kathimerini.com.cy/en/news/netherlands-tops-global-pension-rankings-with-ai-driven-excellence
A new analysis, ranking 47 pension systems across the world, has shed light on the growing impact of AI on pension systems....
https://knews.kathimerini.com.cy/en/news/limassol-international-book-fair-returns-for-its-second-year
The Limassol International Book Fair is back for its second edition, and it's set to captivate book enthusiasts from November 17 to 19 at Lanitis Carob Mills in Limassol. ...
https://knews.kathimerini.com.cy/en/news/suspense-builds-as-foreclosure-deadline-nears-and-creditors-seek-solutions
Cyprus is nearing the end of the suspension of divestments of primary residences worth up to 350 thousand euros, but a solution remains elusive regarding open funds tied to the divestment framework. ...
https://knews.kathimerini.com.cy/en/news/cyprus-leads-eu-in-asylum-seeker-returns-4th-in-deportations
Cyprus ranks first among the EU member states in the percentage of returns on new asylum seekers applications, Interior Ministry announced Thursday....
https://knews.kathimerini.com.cy/en/news/president-will-not-waive-pension
Speaking on state radio regarding pensions and simultaneous salary payments to high-ranking state officials, Mr. Letymbiotis stated that no one can renounce their pension....
https://knews.kathimerini.com.cy/en/news/7-631-arrivals-vs-6-987-deportations-in-2023
From January to September 2023, 7,631 irregular migrants arrived in Cyprus, while in the same period, 6,987 were deported or returned voluntarily to their countries, according to information from the Ministry of the Interior....
