https://knews.kathimerini.com.cy/en/business/pillar-two-readiness-and-technology
As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-push-for-green-standards-with-esg-certification
Artemis Credit Bureau, a subsidiary of the Association of Cyprus Banks, announced it will launch an interbank project for the corporate certification on ESG (Environmental – Social – Governance) criteria.
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https://knews.kathimerini.com.cy/en/business/cyprus-plays-key-role-in-eu-s-operation-aspides
In response to increased threats from the Houthi terrorist group, the European Union has approved the initiation of Operation ASPIDES, aiming to bolster security and freedom for European shipping in the Red Sea. ...
https://knews.kathimerini.com.cy/en/news/imperio-leads-cyprus-real-estate-into-green-future-with-first-ever-esg-report
Imperio remains steadfast in its commitment to promote the green transition of Cyprus’ real estate sector – a development that will greatly benefit the sector’s businesses, society, economy, as well as the environment itself, in multiple ways....
https://knews.kathimerini.com.cy/en/business/ey-seminar-explores-green-tax-impact-on-businesses
EY Cyprus Academy of Learning and Development Organized a Seminar on Sustainability and Green Taxes Affecting Business – As – Usual: The EU Role of Cyprus.
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https://knews.kathimerini.com.cy/en/news/government-reveals-setbacks-in-local-governance-overhaul
The Cypriot government admits to deficiencies in its largest administrative overhaul since the Republic's inception, just four months before its official launch....
https://knews.kathimerini.com.cy/en/news/london-s-bt-tower-sold-for-£275m-to-become-a-hotel
London's iconic BT Tower, a symbol of the city's skyline since its inauguration by Prime Minister Harold Wilson in 1965, is undergoing a significant transformation. ...
https://knews.kathimerini.com.cy/en/business/hapag-lloyd-takes-green-stride-by-recycling-mississauga-express
According to a report by Andreas Karamitis, published in Kathimerini's Sunday edition, one of the major shipping companies, Hapag-Lloyd, has announced the recycling of its merchant ship, the ''Mississauga Express,''...
https://knews.kathimerini.com.cy/en/news/cyprus-adapts-to-changing-seas
In response to European sanctions on Russian shipping companies based in Cyprus and developments in the Mediterranean and the Red Sea, Cyprus is actively seeking to attract new companies from different markets....
https://knews.kathimerini.com.cy/en/news/kato-pyrgos-aims-to-become-cyprus-first-energy-self-sufficient-community
Inspired by the success of the Tilos Project, the first operational renewable energy initiative that achieved energy independence for the island of Tilos, Kato Pyrgos aspires to become the first energy self-sufficient community in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/clouds-roll-in-with-chance-of-showers
Today, Monday, expect initially clear skies gradually transitioning to partly cloudy conditions with isolated showers, primarily in mountainous and southern regions.
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https://knews.kathimerini.com.cy/en/news/cyprus-faces-€40m-setback-in-smart-meter-implementation
A €40 million allocation from the Recovery and Resilience Fund, earmarked for the purchase and installation of smart meters, is in jeopardy due to tight timetables....
https://knews.kathimerini.com.cy/en/business/pwc-cyprus-goes-100-renewable-sets-green-example
PwC Cyprus issued an announcement today, revealing that it has achieved a significant milestone in its quest for zero emissions. The electricity powering its operations in Nicosia and Limassol is now sourced entirely from renewable sources. ...
https://knews.kathimerini.com.cy/en/news/fog-and-sporadic-showers-across-inland-areas
Residents across the region are experiencing shifts in weather patterns as a low-pressure system continues to exert its influence....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-eu-turkey-relations-what-comes-next
Cyprus stands firm in its commitment to engage with Turkey within the European Union framework. However, it seeks to steer this engagement strategically to align with its national interests....
https://knews.kathimerini.com.cy/en/news/booking-com-warns-of-human-rights-risks-in-occupied-territories
Accommodation booking giant Booking.com issues a cautionary note to travelers planning visits to the occupied territories, highlighting ''threats to human rights.'' The announcement urges travelers to make well-informed decisions regarding accommodation and travel plans....
https://knews.kathimerini.com.cy/en/comment/opinion/navigating-civil-society-s-role-amid-deadlocks
In Cyprus, amid the backdrop of the Cyprus problem, discussions frequently revolve around Civil Society and its potential role in resolving the issue....
https://knews.kathimerini.com.cy/en/news/grandma-s-20-year-collection-of-voicemails-captures-love-across-generations
In an era of rapid technological advancement, the enduring power of heartfelt connections is poignantly captured in one grandmother's cherished collection of voicemails....
https://knews.kathimerini.com.cy/en/news/biden-forgets-vice-presidency-son-s-death-in-document-probe
A recent report from special counsel Robert Hur has shed light on President Biden's retention of documents pertaining to military and foreign policy, particularly concerning Afghanistan and other matters of national security deemed sensitive....
https://knews.kathimerini.com.cy/en/business/government-courts-global-investors-in-ambitious-growth-push
In a bid to position Cyprus as an enticing destination for foreign investments, the President of the Republic addressed a gathering of over 100 foreign investors and companies at the Presidential Palace. ...
https://knews.kathimerini.com.cy/en/news/farmers-rev-up-tractors-in-protest-against-eu-agricultural-policies
In the third such demonstration within eight months, Cypriot farmers steered their tractors through city streets, protesting against what they perceive as the European Union's misguided policies in the common agricultural policy....
https://knews.kathimerini.com.cy/en/news/government-to-receive-€1-2b-for-green-transition-and-resilience-plan
Cyprus is set to receive a total of 1.2 billion euros from the Recovery and Resilience Plan (RRP). ...
https://knews.kathimerini.com.cy/en/business/cyprus-embarks-on-€8-billion-growth-spree-with-major-projects
In a recent press release, the Association of Large Investment Projects affirmed that Cyprus is poised for sustained economic growth, with a portfolio of major projects exceeding €8 billion. ...
https://knews.kathimerini.com.cy/en/news/iconic-andy-s-pizza-bids-farewell-after-54-years
A beloved Nicosia restaurant, Andy's Pizza, renowned for its 54-year legacy, will close its doors as of March 1, transitioning into a new chapter....
https://knews.kathimerini.com.cy/en/news/cabinet-approves-€17m-sponsorship-scheme-for-business-energy-upgrades
The Cabinet has approved Mr. George Papastasiou's proposal, the Minister of Energy, Commerce, and Industry, regarding the grants initiative aimed at enhancing upgrades and strengthening the competitive edge of major enterprises....
https://knews.kathimerini.com.cy/en/news/spain-urges-morocco-to-stem-transit-asylum-claims-amidst-rising-numbers
The Spanish government has formally requested Morocco's cooperation in preventing Senegalese passport holders, lacking a Schengen visa in the past two years, from boarding flights with layovers in Spain until February 19.
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https://knews.kathimerini.com.cy/en/news/f1-icon-lewis-hamilton-to-leave-mercedes-for-ferrari-in-2025
In a move that has sent shockwaves through the Formula 1 community, Lewis Hamilton, one of the sport's most iconic figures, is set to depart from Mercedes-AMG and join forces with Scuderia Ferrari starting from the 2025 season.
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https://knews.kathimerini.com.cy/en/news/rain-snow-and-slippery-roads-ahead
Cyprus is gearing up for a weather rollercoaster this weekend as rain, snow, and slippery roads are on the horizon. ...
https://knews.kathimerini.com.cy/en/news/interest-rates-extended-borrowers-face-dilemma
Last Thursday, the European Central Bank (ECB) opted to maintain interest rates, extending the uncertainty for borrowers regarding their loans and repayments....
https://knews.kathimerini.com.cy/en/news/homeless-residents-forge-dangerous-caves-along-california-riverbanks
In a recent discovery that sheds light on the struggles of homelessness in California, authorities in Modesto uncovered a series of makeshift caves along the banks of the Tuolumne River, serving as clandestine dwellings for those without homes....
