https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-allies-forge-€7-4b-deal-with-egypt-to-transform-energy-landscape
European Union and Egyptian leaders joined forces on Sunday to sign a substantial €7.4 billion financial package aimed at bolstering Egypt's economy, enhancing energy trade with Europe, and addressing irregular migrant flows....
https://knews.kathimerini.com.cy/en/business/greek-and-cypriot-banks-forge-partnerships-for-regional-infrastructure-projects
The Cypriot banking sector is poised to support significant projects with regional geopolitical implications....
https://knews.kathimerini.com.cy/en/news/global-diplomatic-accord-for-gaza-aid-fund
In a significant move to bolster humanitarian assistance to Gaza, ministers from Cyprus, the United Arab Emirates, the United Kingdom, Qatar, the United States, and a representative ...
https://knews.kathimerini.com.cy/en/business/eurobank-eyes-support-for-internet-cable-connecting-europe-and-asia
Eurobank, initially hesitant about financing the East to Med Data Corridor (EMC) cable system, is now contemplating entering the second round of funding for the mega project....
https://knews.kathimerini.com.cy/en/news/cyprus-to-establish-diplomatic-mission-in-yerevan
In a significant diplomatic move, Foreign Affairs Minister Constantinos Kombos announced Cyprus's intention to establish a diplomatic mission in Yerevan following an official visit to Armenia....
https://knews.kathimerini.com.cy/en/business/energy-minister-calls-for-eu-solar-bank-to-energize-solar-industry
In a proposal during the EU Council of Transport, Telecommunications, and Energy yesterday, Cypriot Minister of Energy, Commerce, and Industry George Papanastasiou...
https://knews.kathimerini.com.cy/en/news/vasiliko-energy-project-now-under-eu-scrutiny
The procedures and decisions related to Cyprus' largest energy project in Vasilikos are gaining significant attention....
https://knews.kathimerini.com.cy/en/business/xm-invests-in-aris-for-future-entrepreneurs
XM, an international company that has established itself as a leader in the investment industry in forex, CFD in shares, metals and more, actively supports education and skills development initiatives through its sponsorship of ARIS (A Really Inspiring Space)....
https://knews.kathimerini.com.cy/en/news/eib-turns-down-funding-for-great-sea-interconnector-project
The European Investment Bank (EIB) has declined to finance the Great Sea Interconnector project, linking Cyprus, Greece, and Israel. Kyriakos Kakouris, EIB Vice President, confirmed the decision, stating that no new funding request has been submitted by the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-economic-mood-sours-in-february
In February 2024, economic sentiment in Cyprus witnessed a decline, with the Economic Sentiment Indicator (ESI-CypERC) dropping by 2.1 points compared to January, according to the University of Cyprus Economics Research Center....
https://knews.kathimerini.com.cy/en/news/cyprus-farmers-deserve-fair-treatment-in-green-shift
The green transition is necessary, but in order for it to be fair and efficient, the reduction of farmers' incomes must be compensated with appropriate funding, Agriculture Minister Maria Panayiotou......
https://knews.kathimerini.com.cy/en/news/european-parliament-honors-navalny-amidst-food-inflation
The European Parliament will commemorate the life of Russian activist Alexei Navalny, featuring an address by his wife, Yulia Navalnaya, in its plenary session this week in Strasbourg......
https://knews.kathimerini.com.cy/en/news/us-embassy-nicosia-hosts-exhibit-of-ukrainian-women-amid-russian-aggression
On the somber occasion of the second anniversary of Russia’s brutal re-invasion of Ukraine, U.S. Embassy Nicosia, in collaboration with Sunseed Art and Resilient Ukraine, is the proud sponsor of an art exhibit that depicts the faces, roles, stories, and remarkable resilience of Ukrainian women....
https://knews.kathimerini.com.cy/en/news/cyprus-government-achieves-significant-debt-reduction-in-2023
The Cyprus government reported that the island nation ended 2023 with a debt of €22.4 billion, constituting around 99% of the Republic of Cyprus' total debt. This marks a notable reduction of €689 million or 3% from the corresponding period in the previous year....
https://knews.kathimerini.com.cy/en/news/cyprus-emerges-as-key-hub-for-emc-project-with-$300-million-funding
The EMC cable aims to connect Europe with Saudi Arabia, with construction slated to begin in the summer of 2024...
https://knews.kathimerini.com.cy/en/news/eu-unveils-stricter-fiscal-rules-for-member-states
The European Commission has introduced new fiscal rules aimed at promoting growth and financial discipline among member states. The framework, ...
https://knews.kathimerini.com.cy/en/news/over-1-000-tons-of-discarded-tires-pile-up-across-cyprus
Today, more than 1,000 tons of tires lie scattered in open spaces throughout Cyprus, posing a significant problem for the environment and public health....
https://knews.kathimerini.com.cy/en/news/german-president-engages-with-residents-at-kofinou-refugee-center
The President of Germany, Frank-Walter Steinmeier, will visit the Reception and Hospitality Center for International Protection Applicants in Kofinou on Tuesday as part of his official visit to Cyprus....
https://knews.kathimerini.com.cy/en/news/government-grapples-with-energy-project-crisis
The firm spearheading one of the Republic of Cyprus' most ambitious energy ventures, Terminal F.P. at Royal, finds itself grappling with challenges that threaten its completion....
https://knews.kathimerini.com.cy/en/business/moody-s-sees-positive-shift-in-cyprus-economy
In a webinar panel discussion hosted by the Cyprus Economic Society, Haiko Peters, Vice President and Senior Analyst at Moody's Sovereign Risk Group, emphasized sustained improvements in the Cypriot economy....
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/news/energy-minister-deliberates-potential-6-electricity-bill-increases
The Energy Minister, George Papanastasiou, addressed concerns about potential electricity bill hikes arising from the EAC's request to CERA to recover 6% of its 2024 expenses....
https://knews.kathimerini.com.cy/en/news/cyprus-set-to-join-great-sea-interconnector-project
In a significant move aimed at enhancing regional energy cooperation, Cyprus is considering participation in the ambitious Great Sea Interconnector project, according to statements from government officials....
https://knews.kathimerini.com.cy/en/news/eu-leaders-reach-agreement-on-50-billion-euro-fund-for-ukraine-amidst-orban-standoff
European Union leaders, after weeks of tense negotiations, have secured a breakthrough agreement, compelling Prime Minister Viktor Orban of Hungary to endorse a 50-billion-euro fund for Ukraine....
https://knews.kathimerini.com.cy/en/news/hamas-demands-complete-israeli-withdrawal-in-ceasefire-talks
In a tragic incident on Tuesday, at least 11 people, including four children, lost their lives in an Israeli strike on a residential building in Deir al-Balah, Gaza. ...
https://knews.kathimerini.com.cy/en/news/businesses-can-now-register-for-renewable-energy-funding-programs
Businesses interested in participating in grant schemes to encourage the use of Renewable Energy Sources (RES) and Energy Efficiency (EE) are now able to register, according to the Management Committee of the Renewable Energy Sources (RES) and Energy Saving (EE) Fund....
https://knews.kathimerini.com.cy/en/news/unrwa-faces-eu-investigation-over-hamas-attack-allegations
The European Commission has urged the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) to grant permission for EU experts to conduct an urgent financial audit....
https://knews.kathimerini.com.cy/en/news/elam-s-shadow-unveiling-the-far-right-s-fascist-roots
''Nazis or just another populist party?'' This has been the question in Germany for years regarding the far-right party Alternative for Germany (AfD)....
https://knews.kathimerini.com.cy/en/news/government-s-€6-6m-solar-project-powers-education-sustainably
In a significant leap towards sustainability, Cyprus has successfully concluded a €6.6 million project, installing photovoltaic systems in 405 school buildings.
...
https://knews.kathimerini.com.cy/en/news/great-sea-interconnector-secures-€164-5m-boost-in-european-funding
The Independent Electricity Transmission Operator of Greece (ADMIE) has announced a substantial increase in European funding for the Great Sea Interconnector project, soaring from €55.2 million to €164.5 million....
