https://knews.kathimerini.com.cy/en/news/government-extends-zero-vat-on-essentials
The government has decided to extend the application of the zero VAT rate on essential goods for another six months, with Finance Minister Makis Keraynos announcing the addition of coffee and sugar to the list of exempted products....
https://knews.kathimerini.com.cy/en/news/china-s-economic-slowdown-threatens-global-stability
China is unlikely to surpass the US as the world's largest economy as initially predicted for the early 2030s, primarily due to a growing lack of confidence in the Chinese economy, according to Bloomberg Economics analysts....
https://knews.kathimerini.com.cy/en/news/cyprus-israel-energy-cooperation-thrives-despite-regional-tensions
Since 2014, the Trilateral-Greece-Cyprus-Israel cooperation, with Prime Ministers Kyriakos Mitsotakis and Benjamin Netanyahu, was completed in Nicosia....
https://knews.kathimerini.com.cy/en/news/akel-s-bold-demand-tax-bank-profits-to-power-people-s-pockets
The AKEL political party is urging the government to take immediate action to alleviate the financial strain on Cypriot households by taxing banks' surplus profits and redirecting the funds towards fuel and electricity subsidies....
https://knews.kathimerini.com.cy/en/news/buffer-zone-tensions-and-cyprus-problem-scenarios
After the incident in the buffer zone at the Gate, the National Security Council in Turkey convened. This was its first meeting after Erdogan's reelection. ...
https://knews.kathimerini.com.cy/en/news/paphos-grants-honorary-citizenship-to-senator-menendez
In a distinguished ceremony held on August 25, 2023, at the grandeur of Paphos Town Hall, the Municipality of Paphos conferred the title of honorary citizen upon esteemed US Senator Robert Menendez....
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/new-video-shows-turkish-cypriot-un-peacekeepers-clash-near-pyla-buffer-zone
Fresh video footage has come to light depicting the clashes that transpired on Friday morning within the buffer zone near Pyla, involving Turkish Cypriots and United Nations personnel....
https://knews.kathimerini.com.cy/en/news/un-peacekeepers-adjust-position-amidst-tensions-in-buffer-zone
In a recent update to the incident at the Pyla buffer zone, Simos Mitidis, the leader of the G/C community in Pyla, conveyed that the UNFICYP personnel have slightly repositioned themselves in response to the confrontation with Turkish forces within the buffer zone. ...
https://knews.kathimerini.com.cy/en/news/clashes-erupt-in-pyla-buffer-zone-as-un-prevent-roadwork
Clashes erupted this morning within the buffer zone near Pyla, Cyprus, as Turkish Cypriots confronted United Nations personnel. The incident unfolded as UN peacekeepers intervened to block unauthorized road construction between occupied Arsus and Pyla, which violates the established status quo....
https://knews.kathimerini.com.cy/en/news/steady-covid-19-cases-at-1-000-weekly-health-official-reports
The Director of Medical Services at the Ministry of Health, Elizabeth Constantinou, revealed that the number of new coronavirus cases in Cyprus maintains stability, averaging around 1,000 cases weekly. ...
https://knews.kathimerini.com.cy/en/news/uss-ramage-visit-highlights-joint-cy-us-security-efforts
The visit of the USS Ramage, an Arleigh Burke-class guided-missile destroyer to Cyprus, showcases the efforts of Cyprus and the US to support regional security and stability, said Ambassador to Cyprus, Julie Fisher....
https://knews.kathimerini.com.cy/en/news/tensions-rise-as-peacekeepers-confront-construction-dispute-in-buffer-zone
Clashes erupted earlier today within the buffer zone near Pyla as tensions escalated between Turkish Cypriots and United Nations personnel....
https://knews.kathimerini.com.cy/en/news/cyprus-money-blues-why-s-the-economy-going-south
"Currency developments validate predictions made some time ago. The high interest rate environment will be a new reality accompanying us for several years," former Minister of Finance Constantinos Petrides stated in a post on the platform 'X'....
https://knews.kathimerini.com.cy/en/news/un-raises-alarm-over-unauthorized-construction-in-buffer-zone
The United Nations Peacekeeping Force in Cyprus (UNFICYP) has expressed concern about plans for unauthorized construction work by the Turkish Cypriot side inside the UN buffer zone, near Pyla and has warned against it....
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/russia-implements-bold-rate-hike-amidst-economic-challenges
Russia's central bank took swift action today, increasing its key interest rate by 350 basis points from 8.5 percent to 12 percent. This urgent move aimed to counteract the recent decline of the ruble, which was triggered by the Kremlin's call for stricter monetary policy....
https://knews.kathimerini.com.cy/en/news/limassol-fire-under-control-as-support-aircraft-depart
The recent fire that swept through the semi-mountainous region of Limassol is now contained, according to Andreas Kettis, spokesperson for the Fire Service. Kettis conveyed to CNA on Wednesday that while the situation is under control, firefighting units will remain on-site to address any potential flare-ups....
https://knews.kathimerini.com.cy/en/news/amman-to-welcome-president-in-official-visit
President of the Republic, Nikos Christodoulides pays a visit to Amman on Tuesday and will hold talks with King Abdullah II of Jordan....
https://knews.kathimerini.com.cy/en/news/greek-pm-honors-cyprus-heroes
On October 11th and 12th, the first intergovernmental meeting between Cyprus and Greece was held in Greece. President Nikos Christodoulides and Prime Minister Kyriakos Mitsotakis announced this after concluding their meeting at the Presidential Palace....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-elections-end-of-a-political-era
The Intermediate parties are facing survival problems, introspection, and doubts, despite being part of the coalition government....
https://knews.kathimerini.com.cy/en/news/cyprus-parliament-rejects-bills-on-borrowers-rights
The Cyprus Parliament voted against two non-government bills regarding borrowers' rights on Thursday, disregarding warnings from the government and the Central Bank about potential threats to the stability of the financial sector....
https://knews.kathimerini.com.cy/en/news/cyprus-approves-€361m-supplementary-budget-for-2023
With criticism against the government's agreement for the purchase of the Metropolitan building, which will house the Ministry of Labor and Social Insurance, the Plenary of the House of Representatives approved the supplementary state budget amounting to €361 million....
https://knews.kathimerini.com.cy/en/news/relief-for-vulnerable-households-with-non-performing-loans
The ''Rent vs Instalment Scheme'' was approved by the Council of Ministers today, as announced by Government Spokesperson Konstantinos Letymbiotis following the conclusion of the Council. The European Commission's Directorate General for Competition also granted approval on July 6....
https://knews.kathimerini.com.cy/en/news/proposed-foreclosure-reforms-spark-debate-in-cyprus
Three proposals will be discussed at the last Plenary Session of the House of Representatives before the summer recess, along with three scenarios regarding the outcome of the foreclosure framework....
https://knews.kathimerini.com.cy/en/news/cypriot-economy-on-the-brink-says-finance-minister
During his address to the House of Representatives and following his presentation to the Parliamentary Finance Committee on the government's comprehensive package of seven measures for addressing foreclosure issues, ...
https://knews.kathimerini.com.cy/en/news/contentious-foreclosure-legislation-sparks-debate-in-parliament
The issue of foreclosures remains unresolved and will be the focal point of the upcoming plenary session on Thursday, July 13. ...
https://knews.kathimerini.com.cy/en/news/no-two-ways-about-it-climate-change-threatens-tourism-as-tourism-impacts-climate-change
Coastal erosion, rising sea levels, increased temperatures, sea disturbances, and storms, as well as the reduction of freshwater supply, are some of the consequences of climate change....
https://knews.kathimerini.com.cy/en/business/eurobank-s-vision-controlling-hellenic-bank-and-conquering-new-markets
According to Bloomberg, Eurobank's deputy chief executive, managing director, and head of international operations, Stavros Ioannou, expressed the bank's desire to eventually gain full control of Hellenic Bank in Cyprus....
https://knews.kathimerini.com.cy/en/news/us-ambassador-urges-immediate-steps-towards-a-unified-cyprus
Cyprus reunification must not be deferred any longer, US Ambassador Julie Fisher said, speaking Thursday evening during a reception for the 4th of July, in the presence of President Nikos Christodoulides....
