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/cameras-cut-road-deaths-by-18-in-two-years
The two-year operation of the photo-labeling system, initiated on 1/1/2022 with four mobile and four fixed cameras, has witnessed a remarkable success in enhancing road safety....
https://knews.kathimerini.com.cy/en/news/nicosia-hospital-overcomes-technical-hurdles
In a recent development, electricity has been successfully restored at Nicosia General Hospital after a prolonged outage that led to operational challenges. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cypriot-society-a-landscape-where-pizzas-outpace-police
We live in a society where pizzas arrive faster than the police, once remarked French director Claude Chabrol, and I fear this holds particularly true in the case of our state. Unfortunately, unlike the Cypriot Police, the Cypriot underworld operates like a Swiss watch....
https://knews.kathimerini.com.cy/en/news/black-holes-in-public-safety
Last week, Justice Minister Marios Hartsiotis pledged to enhance security, proposing an increased uniformed presence in the city center to combat crime....
https://knews.kathimerini.com.cy/en/news/official-s-breathalyzer-controversy-sparks-reactions
The President's office has taken a measured stance on the case of a state official who reportedly tested positive in a breathalyzer test and allegedly refused a second sample for retesting, a legal requirement....
https://knews.kathimerini.com.cy/en/comment/opinion/mythologizing-nikos-koshis
The portrayal of Nikos Koshis as a role model for combating organized crime, being showcased on various TV stations whenever crime rates surge, has consistently caused me significant embarrassment....
https://knews.kathimerini.com.cy/en/news/efforts-underway-to-restore-e-justice-system-amid-technical-issues
Intensive efforts are ongoing to restore the electronic eJustice system in Cyprus, with the operating company's contractor working through the weekend, according to Michael Vorkas, President of the Cyprus Bar Association. ...
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-top-employer-in-cyprus-also-in-2024
Lidl Cyprus is the Top Employer for the 7th consecutive year in Cyprus and Europe, according to the results of the internationally recognized independent organization Top Employer Institute....
https://knews.kathimerini.com.cy/en/news/transport-minister-clarifies-airbag-recalls-and-responsible-parties
Minister of Transport, Mr. Alexis Vafeadis, delves into the complexities surrounding general vehicle recalls, shedding light on the responsibilities tied to European vehicles, imports from third countries, and the role of manufacturers' distributors....
https://knews.kathimerini.com.cy/en/news/germany-s-model-links-retirement-age-to-life-expectancy
The consequences of an aging population have for many years been a headache for many countries, including Greece, and have provoked opposition from many politicians and public opinion,...
https://knews.kathimerini.com.cy/en/business/cyprus-secures-€40m-boost-for-green-energy-storage
The Republic of Cyprus has secured €40 million from the Just Transition Fund for energy storage facilities, addressing the inflexibility of its electricity system in storing excess energy from renewables....
https://knews.kathimerini.com.cy/en/news/criminologist-urges-action-against-rising-organized-crime
In light of the recent escalation in serious crime, Professor Emeritus of Criminology at the University of Cyprus, Andros Kapardis, has urged the state to develop a comprehensive national strategy to tackle organized crime...
https://knews.kathimerini.com.cy/en/news/why-finland-s-education-system-is-top-ten-tough
A recent study by MastersDegree.net has identified Finland as having one of the most demanding education systems globally, following a 9-3-3 structure....
https://knews.kathimerini.com.cy/en/news/church-and-far-right-parties-react-to-greece-s-marriage-equality-proposal
Marriage equality legislation has managed to rattle the entire spectrum of the political system in Greece’s conservative society, from the right to the left....
https://knews.kathimerini.com.cy/en/news/ministry-s-move-to-ease-building-permits-sparks-questions
The recent Ministry of Interior announcement, abolishing planning permission requirements for small developments, has left many with questions about the upcoming changes, especially those planning to build in the coming months....
https://knews.kathimerini.com.cy/en/news/e-justice-system-faces-major-hurdles
The newly implemented e-justice system encountered severe operational challenges starting Monday, prompting the President of the Cyprus Bar Association, Michael Vorkas, to express serious concerns. ...
https://knews.kathimerini.com.cy/en/news/makis-keravnos-voices-concerns-over-geopolitical-developments
The global supply chain disruption and its economic impact on Europe and the world have raised concerns among Europeans....
https://knews.kathimerini.com.cy/en/news/can-mobile-cameras-monitor-traffic-from-both-directions
The Cyprus Traffic Police issued a statement addressing recent concerns about the directional functionality of speed cameras, emphasizing that the capability to monitor both directions has been in effect since the system's initiation...
https://knews.kathimerini.com.cy/en/news/1-non-performing-loans-hold-steady-at-€2b-amid-rising-rates
Non-performing loans in the Cyprus banking system remained essentially unchanged at €2 billion in October 2023, marking a marginal reduction of just €2 million, in an environment of rising interest rates....
https://knews.kathimerini.com.cy/en/news/faster-approvals-in-just-90-days-deputy-minister-reveals
The average processing time for the guaranteed minimum income (GMI) applications has been reduced by 75%, from 12 months to 90 days, the Deputy Minister of Social Welfare, Marilena Evangelou, said during a press conference on the modernisation and upgrade of the GMI....
https://knews.kathimerini.com.cy/en/news/turkey-implements-vessel-traffic-system-in-occupied-territories
Turkey is taking steps to bolster maritime security in the occupied territories with the implementation of a ''Vessel Traffic Service System.''...
https://knews.kathimerini.com.cy/en/news/gunmen-target-family-in-cyprus-street-shooting
In a chilling incident reminiscent of recent fatal shootings in Limassol and Nicosia, organized crime once again sends shockwaves through authorities....
https://knews.kathimerini.com.cy/en/news/rain-and-thunderstorms-to-hit-western-regions
A mild low-pressure system has a subtle impact on the region. Expect variable weather conditions today, primarily characterized by intermittent clouds....
https://knews.kathimerini.com.cy/en/comment/opinion/it-is-therefore-right-that-i-resign
I wrote in my previous article ("How the prestige of the institutions is undermined", Kathimerini, 7/1/24) that, based on the conclusion of the auditors of the Independent Anti-Corruption Authority and announcements of the Audit Service,...
https://knews.kathimerini.com.cy/en/news/16-new-cameras-to-monitor-key-intersections
In a significant move to enhance road safety, Paphos Province will witness the expansion of its photo enforcement system, set to be operational from Monday, January 22, 2024.
...
https://knews.kathimerini.com.cy/en/business/one-stop-shipping-centre-launched-to-boost-competitiveness
The One Stop Shipping Centre has set sail in Cyprus, marking a significant development for the Cypriot shipping industry. Launched by the Deputy Ministry of Shipping under the President of the Republic,...
https://knews.kathimerini.com.cy/en/news/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview
Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....
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/news/companies-spared-fines-for-real-beneficiaries-registry
In light of recent reports, the Department of Companies and Intellectual Property (DCIP) in Cyprus provides updates on the implementation of Law 188(I)/2007 addressing the Prevention and Combating of Money Laundering....
