https://knews.kathimerini.com.cy/en/news/liz-truss-to-freeze-energy-bills-for-households
British Prime Minister Liz Truss plans to freeze household energy bills at their current level for this winter and the next, paid for by government-backed loans to energy suppliers, the BBC reported Tuesday....
https://knews.kathimerini.com.cy/en/news/bicycle-subsidy-platform-now-open-for-new-applications
The Department for Transport, Communications and Works announces the opening of applications for the revised Bicycle Purchase Grant Scheme for 2022 - 2023....
https://knews.kathimerini.com.cy/en/business/eu-citizens-can-now-apply-for-a-visa-on-arrival-in-saudi-arabia
Citizens from European Union countries planning to travel to Saudi Arabia will be subject to the new tourist visa scheme that the latter’s authorities have introduced in order to increase the number of international visitors to the country....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-announces-€50m-net-profit-in-first-half-of-2022
Bank of Cyprus announced a profit after tax amounting to €50 million for the first half of 2022, setting its sights on dividend distribution in 2023, for the first time since 2011, depending on market conditions and regulatory approvals....
https://knews.kathimerini.com.cy/en/news/eu-mulls-cap-on-electricity-prices-as-costs-soar
The Czech presidency of the European Union has called for an emergency meeting of the bloc’s energy ministers to consider measures of dealing with the energy crisis, including imposing a ceiling on the price of electricity....
https://knews.kathimerini.com.cy/en/news/cabinet-extends-disbursement-period-of-interest-rate-subsidy-scheme
The Cabinet decided Monday to amend the interest rate subsidy scheme for housing and corporate loans to further support the economy amid the ongoing effects of the COVID-19 pandemic and the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/cyprus-investment-program-problematic-from-the-start
Much ink has been spilled over the Cyprus Investment Program (CIP). From its inception in 2017 until its abolition, the CIP was a scheme wherein the Cyprus Government granted Cypriot citizenship to investors, "golden passports" as it is well-known....
https://knews.kathimerini.com.cy/en/news/tourist-traffic-in-cyprus-at-75-of-2019-says-deputy-minister-of-tourism
Tourist traffic in Cyprus, so far, has reached 75% of 2019, Deputy Minister of Tourism Savvas Perdios said on Thursday, adding that many more tourists from other markets such as Germany, Switzerland, France and Greece choose Cyprus as their destination....
https://knews.kathimerini.com.cy/en/news/cypriot-minister-lashes-out-at-‘populist-lawmakers
Cypriot Finance Minister Constantinos Petrides lashed out at lawmakers on Tuesday warning against “dangerous and unrestrained populism” after members snubbed a presidential veto on three crucial pieces of legislation...
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-solving-cyprus
The recent commemoration of the 48th anniversary of the Turkish invasion of Cyprus is a dark reminder that a solution is long overdue. Greek and Cypriot government officials, as well as organizations around the world, called for an end to the Turkish occupation and the reunification of the island....
https://knews.kathimerini.com.cy/en/news/two-arrested-over-fake-cocaine-planted-by-police
SBA Police are investigating a cocaine shipment from Greece to Cyprus after two men under surveillance were arrested while trying to retrieve drugs that turned out to be fake cocaine planted by cops in Athens during a ship container inspection...
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-benefits-in-kind
There are a number of commercial benefits that come with registering the property in the name of a legal entity rather than as an individual e.g. for asset protection purposes as it provides protection against personal insolvency since a property that is in the name of a legal entity should not be affected should the individual becomes personally insolvent....
https://knews.kathimerini.com.cy/en/business/foreclosures-suspended-until-the-end-of-october-2022
The Cyprus Parliament on Thursday passed a bill suspending foreclosures until the end of October,...
https://knews.kathimerini.com.cy/en/business/average-gross-earnings-increased-by-6-8-in-q1-of-2022
The average gross monthly earnings of employees during the first quarter of 2022, amounted to €2,019 compared to €1,891 during the first quarter of 2021, recording an increase of 6.8%, according to data published, on Wednesday, by the Cyprus Statistical Service....
https://knews.kathimerini.com.cy/en/news/eu-to-make-solar-panels-mandatory-on-all-new-buildings
Solar panels could soon be mandatory on all new buildings in the European Union under a new proposal aimed at rapidly replacing its reliance on Russian oil and gas supplies with renewable energy....
https://knews.kathimerini.com.cy/en/news/seniors-in-cyprus-remain-skeptical-of-fourth-shot
A spectacularly small number of people over 60 got their fourth COVID jab so far in the Republic of Cyprus, with the health ministry contemplating to lower the age threshold at a time while medical experts advocating for the vaccine are jumping ship on the immunity debate...
https://knews.kathimerini.com.cy/en/business/germany-a-step-closer-to-rationing-after-russia-cuts-gas-supplies
The German government formally placed its energy market on a war footing Thursday over Russia's sharp reduction of gas supplies, telling households to reduce consumption and warning that industrial output will be hit.
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https://knews.kathimerini.com.cy/en/news/earl-of-wessex-pays-visit-to-the-english-school-in-nicosia
The English School students and faculty warmly welcomed HRH Prince Edward, the Earl of Wessex, to their premises on Tuesday, 21 June 2022, as part of the celebrations of Queen Elizabeth II‘s Platinum Jubilee across the Commonwealth of Nations. The Earl was received by Headmaster David Lambon and the Board of Management....
https://knews.kathimerini.com.cy/en/news/over-2-million-euros-earmarked-to-develop-cyprus-countryside
The Deputy Ministry of Tourism has announced funding of over €2 million for projects that create “authentic experiences” in the countryside and are calling on interested parties to apply for the subsidy....
https://knews.kathimerini.com.cy/en/business/businesses-will-be-allowed-vat-deferment-without-penalties
The European Commission has approved a €20 million Cypriot VAT deferral scheme to support businesses affected by the coronavirus pandemic and the restrictive measures put in place to limit the spread of the virus....
https://knews.kathimerini.com.cy/en/news/1-president-vows-to-carry-on-zeta-s-legacy
Cyprus President Nicos Anastasiades bade farewell on Friday to Labor Minister Zeta Emilianidou, who passed away on Monday after suffering a cerebral aneurysm in May, noting that despite her achievements she remained humble, humane, a respectable lady and that he feels proud of her work...
https://knews.kathimerini.com.cy/en/news/russia-will-free-up-ukrainian-ports-to-allow-grain-exports
Russia and Turkey on Wednesday voiced support for the creation of a safe maritime corridor in the Black Sea so Ukraine can export grain to global markets amid an escalating world food crisis....
https://knews.kathimerini.com.cy/en/news/cyprus-targets-alleged-fathers-in-immigration-scheme
Cypriot Interior Minister Nicos Nouris has sent out a cable telling administrators to hold off on issuing any birth certificates in cases where staff may have doubts over the paternity of a child until new legislation can allow sampling DNA from alleged fathers...
https://knews.kathimerini.com.cy/en/business/porsche-presents-the-exclusive-taycan-gts-hockenheimring-edition
To mark the 90th anniversary of the Hockenheimring, Porsche presents the first special edition based on its electric sports car: the Porsche Taycan GTS Hockenheimring Edition. ...
https://knews.kathimerini.com.cy/en/news/an-increase-of-50-in-subsidies-for-roof-thermal-insulation-and-photovoltaic-systems
With a budget increased by 40%, and a potential to increase even further and with increased grants by 50%, the Grant Scheme for thermal insulation on roofs and installation of photovoltaic systems in houses was announced by the Ministry of Energy, Commerce and Industry during a web conference, on Tuesday....
https://knews.kathimerini.com.cy/en/business/lebanese-banks-in-cyprus-to-shut-down-amid-the-country-s-financial-crisis
Branches of Lebanese banks operating in Cyprus will shut down following a decision by the country’s Central Bank. A Central Bank of Cyprus (CBC) official has confirmed to CNA the decision taken by the country’s banking regulator....
https://knews.kathimerini.com.cy/en/business/ec-approves-890-000-euro-scheme-to-support-cypriot-halloumi-makers
The European Commission has announced it has approved a state aid scheme worth a total of 890 thousand euros for halloumi producers, in the context of dealing with the economic effects of the coronavirus pandemic....
https://knews.kathimerini.com.cy/en/news/eu-energy-commissioner-cyprus-has-enormous-potential-in-terms-of-solar-and-wind-energy-production
In the wake of rising energy costs due to Russia's invasion of Ukraine, Kathimerini sits down with EU Commissioner for Energy, Kadri Simson, to discuss the EastMed pipeline, Europe's push toward Green energy and the potential for Cyprus to ensure its citizens both affordable prices and energy security by developing solar and wind power....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-offers-summer-internship-programmes-to-university-and-high-school-students
EΥ Cyprus continues to invest in the younger generation, offering students the opportunity to enhance their skills through its Summer Internship Programmes. ...
https://knews.kathimerini.com.cy/en/news/chinese-embassy-in-cyprus-speaks-out-on-extradition
The Chinese embassy in Cyprus has responded to reports in local media that accused Beijing of using scare tactics on the island to get a suspect extradited, with an official statement pointing to fake news and offering a different side to the story...
