https://knews.kathimerini.com.cy/en/news/venice-to-charge-€5-entry-fee-to-tackle-over-tourism
Venice will become the first city in the world to charge day-trippers an entry fee in a determined bid to curb mass tourism, its tourism chief announced yesterday....
https://knews.kathimerini.com.cy/en/news/where-does-the-12-tax-revenue-go
The Turkish Cypriot press is discussing recent land sales in the occupied area today. According to the Press and Information Office, the "Güneş" newspaper reported that Hasan Sungur, who leads the Real Estate Agents Union, supports businessman Ali Osman Safa's warning to politicians. Safa cautioned against making the property crisis worse, and Sungur agrees that this warning is valid and reasonable....
https://knews.kathimerini.com.cy/en/news/eurobank-acquires-17-3-stake-in-hellenic-bank-for-€167-9-million
The Eurobank has agreed to acquire an additional stake of around 17.3% (equivalent to 71,428,572 shares) in the Hellenic Bank at a total price of 167.9 million euros, or 2.35 euros per share. ...
https://knews.kathimerini.com.cy/en/news/larnaca-piraeus-ferry-ready-to-set-sail-in-ten-days
In ten days, on July 29, the Larnaca - Piraeus ferry line is set to launch, and the demand has surged, with the Daleela ferry already fully booked. According to Deputy Minister of Shipping, Marina Hadjimanoli, who spoke on the show "Διασπορά Ειδήσεων" on SPOR FM,...
https://knews.kathimerini.com.cy/en/news/france-showcases-strength-and-diplomacy-on-bastille-day
France celebrates its fête nationale every year with fireworks, concerts, and an extravagant military parade down the Champs-Élysées in the presence of the president, a bevy of politicians, and often a foreign head of state as an honored guest....
https://knews.kathimerini.com.cy/en/news/spain-youngsters-to-receive-20-000-euros-upon-turning-18
A universal inheritance is proposed by the Minister of Labor of Spain, Yolanda Diaz, as a means to address social inequalities. Under this framework, all young people living in Spain would receive 20,000 euros after they turn 18....
https://knews.kathimerini.com.cy/en/news/schools-vulnerable-to-ransomware
The confidential documents stolen from schools and dumped online by ransomware gangs are raw, intimate, and graphic. They describe student sexual assaults, psychiatric hospitalizations, abusive parents, truancy — even suicide attempts....
https://knews.kathimerini.com.cy/en/business/1-unmasking-tax-evasion-on-greek-islands
New technologies, as well as citizens, are bringing cases of major tax evasion to the surface....
https://knews.kathimerini.com.cy/en/news/california-electricity-bills-based-on-your-paycheck
Most of the time, what you pay for electricity or water or gas depends on how much you use. Leave the air conditioner and the lights on all night, and your electricity bill will spike. Take long, relaxing bubble baths every day, and your water bill will climb....
https://knews.kathimerini.com.cy/en/news/experts-wage-house-battle-for-married-parents
Immigration experts in the Republic of Cyprus are proposing a €50,000 house bonus for newlyweds, with an additional annual stipend for each child born in wedlock as well as legal avenues for adopting healthy foreign babies...
https://knews.kathimerini.com.cy/en/news/whistleblower-says-biden-got-burisma-money-through-cyprus
A former White House stenographer has doubled down on allegations against US President Joe Biden and a VP trip to Cyprus in May 2014, with the whistleblower blatantly speculating that a kickback payment from Burisma came out of the island...
https://knews.kathimerini.com.cy/en/business/may-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/king-charles-the-properties-he-is-forbidden-to-sell
King Charles inherited $500 million in assets after the death of Queen Elizabeth, but that's only part of his fortune....
https://knews.kathimerini.com.cy/en/business/taxapp-cy-the-easy-way-to-submit-a-tax-return
With TaxApp, taxpayers can easily and quickly submit their tax returns while ensuring correct submission.
...
https://knews.kathimerini.com.cy/en/news/whistleblower-suspicious-of-biden-s-cyprus-trip-in-2014
A former White House stenographer is accusing US President Joe Biden of committing crimes a decade ago in connection with Ukraine and Cypriot-registered gas company Burisma, while also raising suspicions over a private dinner in Limassol back in 2014...
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-sustainable-finance
Sustainability is the key to a better, healthier, and more viable future as it improves the quality of our lives with the use of natural resources which protect our ecosystem in general. By taking into consideration the three pillars of economic viability, environmental protection, and social well-being, we can preserve the future generations’ needs while, from a corporate perspective, the development of sustainable strategies can lead to a company’s longevity....
https://knews.kathimerini.com.cy/en/news/inside-the-high-stakes-prosecution-of-a-former-president
Former U.S. President Donald Trump has made history by becoming the first president to face criminal charges before a court of justice in the United States. ...
https://knews.kathimerini.com.cy/en/business/mep-s-pass-bill-banning-home-sales-or-rentals-without-energy-upgrade
All properties available for sale or rent must incur compulsory energy upgrade costs, costing tens of thousands of euros, from 2030 onward, based on what is stated in the relevant European Union directive....
https://knews.kathimerini.com.cy/en/news/hsbc-buys-failed-silicon-valley-bank-in-bid-to-stem-fallout
Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....
https://knews.kathimerini.com.cy/en/comment/opinion/bad-luck-can-t-always-be-held-responsible
“It was an unfortunate moment,” the stationmaster in the deadly train crash is said to have claimed. How many times has the inadequacy and failure of the broader Greek state mechanism been hidden behind such phrases? Sometimes it is blamed on “bad luck,” at others, it is dismissed with “That’s Greece.”...
https://knews.kathimerini.com.cy/en/comment/opinion/thinking-of-investing-in-real-estate-don-t-do-it
A lack of financial literacy can lead people to consider investing in direct real estate. This a provocative statement to say the least, so let me explain....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-at-the-crossroads
South African citizens/voters had two choices in deciding their country's future in 1990. The first option was to maintain the status quo, which would have resulted in a major civil war that would have destroyed the country and resulted in many deaths....
https://knews.kathimerini.com.cy/en/comment/opinion/looking-ahead-to-2023-house-prices-in-cyprus
The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing....
https://knews.kathimerini.com.cy/en/news/cyprus-rolls-out-new-scheme-to-subsidize-e-vehicles
The budget for subsidizing the purchase of electric vehicles and withdrawing old cars, motorbikes, mopeds and bicycles is at €10 million Transport Minister Yiannis Karousos has said...
https://knews.kathimerini.com.cy/en/comment/opinion/the-belgian-wheel-is-in-motion
Many Cypriots live in a state of frustration. How did Belgian authorities respond decisively to the well-known case, while the island's law enforcement took two weeks to visit Syllouris?...
https://knews.kathimerini.com.cy/en/news/finance-ministry-cyprus-economy-will-not-enter-a-recession
There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...
https://knews.kathimerini.com.cy/en/news/more-than-€1-5-million-in-cash-seized-from-kaili-panzeri
More than €1.5 million in cash was seized from the homes of Eva Kaili and former MEP Pierre Antonio Panzeri in Brussels, according to Belgian police....
https://knews.kathimerini.com.cy/en/business/the-expansion-of-the-digital-economy-and-the-upcoming-exchange-of-information-and-tax-transparency-regimes
The exchange of information has been widely considered as a one of the most effective measures in tackling tax evasion and protecting the integrity of tax systems. ...
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-why-inequality-is-growing-in-the-us-and-around-the-world
U.S. income inequality grew in 2021 for the first time in a decade, according to data the Census Bureau released in September 2022....
https://knews.kathimerini.com.cy/en/business/cyprus-has-come-a-long-way-in-restoring-reputation-over-anti-money-laundering-issues
The Republic of Cyprus has come a long way in dealing with anti-corruption and Anti-money laundering (AML) issues, making important strides in restoring the Republic of Cyprus’ reputation, said US Ambassador to Cyprus, Judith Garber speaking on Tuesday at EY’s Cyprus Attractiveness Forum....
