https://knews.kathimerini.com.cy/en/news/persianis-reveals-limited-cooperation-with-finance-ministry
For the limited cooperation with the Ministry of Finance, for the wrong interpretation of the research with a political prism and for the fiscal risks, the President of the Fiscal Council of Cyprus......
https://knews.kathimerini.com.cy/en/business/eu-implements-new-vat-transparency-rules-targeting-e-commerce-fraud
The EU’s new transparency rules against Value-Added Tax (VAT) fraud have come into effect starting on January 1st, the European Commission has announced....
https://knews.kathimerini.com.cy/en/news/2024-budget-gets-green-light-–-inside-scoop-on-state-wage-proposals
The 2024 budget was passed into law relatively comfortably, with a total of 37 MPs voting for it, while 19 were opposed. ...
https://knews.kathimerini.com.cy/en/business/businesses-to-cut-greenhouse-gas-targets-by-10
Businesses revise climate targets as reality of long-term sustainability transformation hits. Sustainability progress plateaus as short-term pressures and external forces hit CSO agenda....
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-ceo-on-65-years-challenges-and-future-strategies
Deloitte Cyprus celebrates 65 years of presence on the island, playing a major role in the financial affairs of the state....
https://knews.kathimerini.com.cy/en/news/protecting-citizens-information-in-cyprus-under-scrutiny
The water leak at the Ministry of Finance in Cyprus has exposed broader issues in the country's digital services, raising concerns about both physical infrastructure protection and the safeguarding of citizens' data....
https://knews.kathimerini.com.cy/en/business/surging-airbnb-revenues-by-27-in-occupied-territories
For 2022 alone, there has been a 27% increase in Airbnb income in the occupied territories, with the annual amount per accommodation reaching 24 thousand....
https://knews.kathimerini.com.cy/en/business/energy-minister-urges-chevron-to-honor-agreement-for-aphrodite-field-development
Energy Minister George Papanastasiou has issued new communications to Chevron, the operator of the Aphrodite field, from the Parliament ahead of the crucial meeting with Chevron's Chairman, Clay Neff. ...
https://knews.kathimerini.com.cy/en/news/minister-vows-smart-lights-rule-over-timers
In a recent presentation of the Ministry of Transport's 2024 budget to the Finance Committee, Minister of Transport, Alexis Vafeadis, categorically stated that there will be no timers installed at traffic lights until at least March or April 2024. ...
https://knews.kathimerini.com.cy/en/news/aphrodite-deal-stalls-between-nicosia-and-chevron
November is not bringing any closer the prospect of an agreement between Nicosia and Chevron regarding the development of Block 12, also known as 'Aphrodite,' within the Cypriot Exclusive Economic Zone (EEZ)....
https://knews.kathimerini.com.cy/en/news/cyta-s-ceo-neocleous-redefines-cyprus-s-digital-future
If you're looking to bring digital transformation to Cyprus, CYTA CEO Andreas Neocleous has a compelling starting point. During his presentation at the Digital Agenda Cyprus Summit today, he showcased a snapshot of the passport control system at Larnaca airport, highlighting the need for change....
https://knews.kathimerini.com.cy/en/news/walt-disney-s-100-year-story-of-success
The Walt Disney Company is celebrating its 100th anniversary....
https://knews.kathimerini.com.cy/en/news/ireland-s-tax-policies-fill-sovereign-fund-coffers
Countries like Saudi Arabia, Norway, and Chile have long established their own sovereign-wealth funds....
https://knews.kathimerini.com.cy/en/business/what-happened-to-370-000-euros-worth-of-missing-olive-oil
Twenty-five olive oil producers who stored their production in an agricultural cooperative in Polygyros, northern Greece, from where it recently disappeared have filed criminal charges against unknown persons with the security police asking authorities to investigate how this happened and who is behind it....
https://knews.kathimerini.com.cy/en/news/former-president-s-startling-revelation-about-food
In April 2022, former Russian President Dmitry Medvedev, now deputy head of Russia’s Security Council, said on his Telegram channel: “Our food is our silent weapon. Silent — but formidable."...
https://knews.kathimerini.com.cy/en/news/tourists-spend-over-€1-5-billion-setting-new-high
The most recent data from the Statistical Service regarding tourism revenues are confirming expectations, as expressed by Deputy Minister of Tourism Kostas Koumis in a recent interview with "K". It appears that this year could potentially set a new record for tourism revenues....
https://knews.kathimerini.com.cy/en/business/deloitte-continues-to-foster-trust-through-transparency
Deloitte Cyprus issued its 12th Audit Transparency Report for the year ending 31 May 2023. The report provides an in-depth analysis on how the firm embraces its responsibilities to its clients, people, society, and the market, with the highest quality standards. ...
https://knews.kathimerini.com.cy/en/news/26-9-increase-in-tourism-revenue-compared-to-last-year
The year 2023 is poised to go down in history with remarkable revenue figures, as highlighted in a recent interview with the Deputy Minister and substantiated by the latest tourism revenue data from the Statistical Office....
https://knews.kathimerini.com.cy/en/business/negotiations-on-cyprus-eez-and-chevron-continue-amid-disagreements
Two days of negotiations regarding the development plan (FDP) for block "12" ("Aphrodite") within the Cypriot Exclusive Economic Zone (EEZ) have concluded in Nicosia. These discussions involved the Ministry of Energy and senior officials from the consortium responsible for its management, which includes Chevron, Shell, and NewMed Energy....
https://knews.kathimerini.com.cy/en/news/sales-from-the-occupied-area-to-the-republic-of-cyprus-skyrocket
Data, released by the Turkish Cypriot newspaper ''Kibris'' and sourced from the Turkish Cypriot Chamber of Commerce, reveals a remarkable surge in sales of products from the occupied territories to the Republic of Cyprus in 2022....
https://knews.kathimerini.com.cy/en/business/ey-achieves-record-global-revenue-of-nearly-$50-billion
EY reports record global revenue results of just under US$50b...
https://knews.kathimerini.com.cy/en/news/us-plane-brings-captives-back-home
The plane carrying five American citizens freed as part of a deal between the U.S. and Iran have now landed back home in the United States....
https://knews.kathimerini.com.cy/en/business/halloumi-woes-persist-as-pdo-battle-heats-up
One year after the implementation of an agreement between the Ministry of Agriculture, producers, cheese makers, and KEBE regarding halloumi cheese, issues persist....
https://knews.kathimerini.com.cy/en/news/fuel-tax-cut-to-aid-low-incomes
The association called "Equality" is requesting a reduction in fuel taxes through a letter addressed to the Minister of Finance, Makis Keravnos....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-deceleration-amid-inflation-and-rising-rates
Cyprus' economy experienced a slowdown in the second quarter of 2023, prompting inquiries about the situation. According to the preliminary estimate provided by the Statistical Service, ...
https://knews.kathimerini.com.cy/en/news/gdp-alert-economic-storm-brewing
Former Minister of Finance, Konstantinos Petrides, comments on the GDP results for the 2nd quarter with five observations....
https://knews.kathimerini.com.cy/en/news/cyprus-tourism-up-32-upbeat-outlook
Tourism in Cyprus has recorded a 32% increase this year compared to last year, according to Deputy Minister of Tourism Kostas Koumis....
https://knews.kathimerini.com.cy/en/business/cyprus-hotels-expect-august-rebound-85-90-occupancy-forecasted
The occupancy of hotels in July was between 80%-85% and better results are expected for August, when occupancy rates could reach 85%-90% the Head of the Cyprus Hotels Association (PASYXE) Thanos Michaelides told the Cyprus News Agency....
https://knews.kathimerini.com.cy/en/news/tourism-sets-record-revenue-with-fewer-arrivals
The latest data on tourism revenues for the month of May has brought encouraging news for the tourism sector, signaling positive effects on the Cypriot economy....
https://knews.kathimerini.com.cy/en/business/melco-announces-unaudited-second-quarter-2023-earnings
Melco Resorts & Entertainment Limited (Nasdaq: MLCO), operator of City of Dreams Mediterranean and Cyprus Casinos (“C2”), reported its unaudited financial results for the quarter ended 30 June 2023....
