https://knews.kathimerini.com.cy/en/news/car-distributors-exploiting-drivers-with-fees-on-airbag-recalls
Lawmakers are taking aim at two car distributors accused of charging administrative fees for replacing recalled airbags, calling the practice ''obscene'' and ''exploitative.''...
https://knews.kathimerini.com.cy/en/news/eu-warns-of-strong-response-to-possible-us-tariffs
The European Union has expressed deep concern over potential US trade measures, cautioning that any tariffs imposed on European goods would trigger a firm response....
https://knews.kathimerini.com.cy/en/news/cyprus-ends-gas-exploration-in-blocks-2-3-and-9-after-unsuccessful-results
The exploitation licences in blocks 2, 3 and 9 of the Cyprus Exclusive Economic Zone (EEZ) have expired and have not been renewed, as the exploration did not show exploitable natural gas deposits, Minister of Energy, Trade and Industry George Papanastasiou confirmed to the Cyprus News Agency (CYPE)....
https://knews.kathimerini.com.cy/en/news/europe-at-a-crossroads-act-now-or-fade-into-irrelevance
Cyprus MP Michalis Sophocleous has laid out a stark and urgent vision for the European Union’s future. His recent statement on X is not just a policy wishlist—it’s a call for Europe to wake up before it becomes a relic of the past....
https://knews.kathimerini.com.cy/en/business/trump-hints-at-new-tariffs-on-eu-imports-as-trade-tensions-escalate
US President Donald Trump has suggested that the European Union (EU) could be the next target of US tariffs, following the imposition of 25% levies on imports from Mexico, Canada, and China....
https://knews.kathimerini.com.cy/en/news/cyprus-ramps-up-efforts-against-illegal-antiquities-trafficking
Cyprus is intensifying its efforts to combat the illegal excavation, trafficking, and sale of its antiquities, especially in the Turkish-occupied territories....
https://knews.kathimerini.com.cy/en/news/new-eu-directive-to-shake-up-electricity-pricing-in-cyprus
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-aiming-for-innovation-sustainability-and-simplicity
A major tax reform is underway in Cyprus as part of the Tax Transformation Project, led by the Centre for Economic Research (CER) at the University of Cyprus. ...
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-supports-the-new-generation-of-green-entrepreneurs
The 3rd Trade Fair of the MindREset educational environmental programme, which took place on the weekend of January 18 and 19, 2025, at the Metropolis Mall in Larnaca, was successfully materialised....
https://knews.kathimerini.com.cy/en/news/cyprus-leaders-discuss-new-crossings-including-lympia
A meeting between Greek Cypriot President Nikos Christodoulides and Turkish Cypriot leader Ersin Tatar took place Thursday at the residence of UN Special Representative Colin Stewart, located at Nicosia’s airport. ...
https://knews.kathimerini.com.cy/en/news/trump-s-tariff-plans-could-hurt-cyprus-economy
The looming inauguration of U.S. President-elect Donald Trump has stirred concern across the Eurozone, and Cyprus is no exception....
https://knews.kathimerini.com.cy/en/news/unions-push-back-on-new-foreign-worker-rules
Trade unions are clashing over the proposed framework for regulating the employment of workers from third countries. ...
https://knews.kathimerini.com.cy/en/business/your-direct-path-to-dubai-through-ifza
LLPO Law Firm is proud to organise a Free Business Networking Event in Cyprus, in collaboration with IFZA Dubai (an International Free Zone Authority),...
https://knews.kathimerini.com.cy/en/news/poland-to-prioritize-security-on-all-fronts-during-its-eu-presidency
Poland has laid out an ambitious roadmap for its 2025 Presidency of the Council of the European Union, with security taking center stage. Ambassador Marek Szczepanowski presented the priorities on Tuesday at the House of Europe in Nicosia, under the presidency’s guiding motto: “Security, Europe!”...
https://knews.kathimerini.com.cy/en/news/first-cypriot-appointed-to-helm-global-shipping-powerhouse
The appointment of a Cypriot as Secretary General/CEO of the International Chamber of Shipping (ICS) is a major vote of confidence in the Cypriot shipping industry....
https://knews.kathimerini.com.cy/en/news/us-sanctions-hit-two-cyprus-based-companies
In the latest wave of sanctions targeting entities aiding Russia’s war on Ukraine, two Cyprus-based companies have found themselves under the spotlight, further deepening the political tension surrounding the ongoing conflict....
https://knews.kathimerini.com.cy/en/news/us-patent-office-seeks-clarity-on-turkaegean-trademark
In what is seen as a procedural yet significant development, the Trademark Trial and Appeal Board of the United States Patent and Trademark Office (USPTO) has requested further clarifications from Turkey regarding its choice of the term “TurkAegean” to promote local tourism, Kathimerini has learned....
https://knews.kathimerini.com.cy/en/business/cyprus-greece-and-egypt-team-up-to-boost-business-opportunities
Entrepreneurs and businesses eyeing opportunities in the Eastern Mediterranean have reason to celebrate. Cyprus, Greece, and Egypt have formalized a powerful partnership with the establishment of a Trilateral Business Council...
https://knews.kathimerini.com.cy/en/business/meta-drops-fact-checking-just-before-trump-takes-office
Meta CEO Mark Zuckerberg announced Tuesday that Facebook and Instagram are dropping their fact-checkers. Instead, the platforms will rely on user-driven “community notes,” much like Elon Musk’s approach on X (formerly Twitter). ...
https://knews.kathimerini.com.cy/en/news/golden-globes-guests-trade-trophies-for-million-dollar-extravaganza
While the world watched with bated breath as Hollywood's finest graced the Golden Globes stage, a different kind of drama was unfolding backstage....
https://knews.kathimerini.com.cy/en/news/cooperation-among-cyprus-greece-and-egypt-essential-for-stability-in-the-eastern-mediterranean
In a fluid and volatile international environment, closer cooperation among Cyprus, Greece, and Egypt has become essential to ensure peace and stability in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/news/eu-and-turkey-edge-closer-to-modernizing-customs-union
A significant effort is underway to modernize the Turkish Customs Union, a landmark economic arrangement that has governed trade between Turkey and the European Union (EU) since 1996. ...
https://knews.kathimerini.com.cy/en/business/more-spending-in-cyprus-but-prices-are-rising
Cyprus is seeing more people shopping and spending money, but higher prices are still affecting the cost of living. New data shows that in November 2024, both the amount of goods sold and the money spent in retail stores went up compared to last year....
https://knews.kathimerini.com.cy/en/life/walmart-s-$100-birkin-dupe-sparks-debate-and-raises-eyebrows
Walmart has caused a stir in the fashion world by offering a knockoff of the renowned Hermès Birkin bag, priced between $78 and $100—far less than the luxury version, which typically starts at $10,000...
https://knews.kathimerini.com.cy/en/news/tatar-calls-for-new-framework-for-cyprus-talks-in-new-year-message
In his New Year message, Turkish Cypriot leader Ersin Tatar focused on the ongoing Cyprus problem and the economic challenges facing the Turkish Cypriot community. ...
https://knews.kathimerini.com.cy/en/news/trump-s-plan-to-reclaim-the-panama-canal-raises-eyebrows
President-elect Donald Trump laid out a dramatic vision for his return to the White House during a speech in Phoenix, Arizona, mixing familiar promises with controversial new proposals....
https://knews.kathimerini.com.cy/en/business/new-labour-decrees-in-cyprus-a-win-for-skilled-workers-and-foreign-students
Cyprus is making moves to boost its workforce and fill gaps in key sectors with new policies that give both skilled professionals and foreign students more opportunities. ...
https://knews.kathimerini.com.cy/en/news/cyprus-bank-account-linked-to-dark-web-‘king-of-coke
The International Consortium of Investigative Journalists (ICIJ), known for its groundbreaking Pandora Papers revelations, has published a report exposing the activities of Mark Chikarowski—an Australian who operated under the pseudonym...
https://knews.kathimerini.com.cy/en/news/tatar-rejects-opening-of-crossing-points-at-kokkina-athienou
Turkish Cypriot leader Ersin Tatar stated that he does not accept the opening of crossing points in the Kokkina and Athienou areas....
https://knews.kathimerini.com.cy/en/business/tariffs-reforms-and-rate-cuts-2025-s-economic-balancing-act
As we look ahead to 2025, experts at UBS are forecasting steady global economic growth, but not without a few bumps along the way....