https://knews.kathimerini.com.cy/en/news/parliament-cancels-smart-meter-contract-to-save-eu-funds
The Cypriot Parliament has unanimously accepted the President's referral of a law passed on April 25 that exempts innovative small and medium-sized......
https://knews.kathimerini.com.cy/en/business/combatting-money-laundering-insights-from-katerina-sikioti-charalambaki
Money laundering poses a significant threat to the EU's economy and society, with organized crime generating revenues of at least €139 billion annually, as emphasized by Katerina Sikioti Charalambaki, a professor and lawyer at the High Court of Justice....
https://knews.kathimerini.com.cy/en/news/no-jurors-chosen-yet-in-senator-menendez-s-corruption-trial
Jury selection began in the corruption trial of U.S. Senator Robert Menendez on Monday, with a judge excusing dozens of prospective jurors in a case that could affect the Democrat's political future and the makeup of the U.S. Senate....
https://knews.kathimerini.com.cy/en/business/€17-million-worth-of-grants-for-big-businesses
The EU's Recovery and Resilience Plan is charging ahead, with the Department of Energy, Trade, and Industry (DTI) launching a call for applications under the 'Grant Scheme for the Energy Upgrading and Competitiveness of Large Enterprises'....
https://knews.kathimerini.com.cy/en/business/alternative-investments-and-portfolio-diversification
In contrast to traditional investments in stocks and bonds, portfolios incorporating alternative investments have historically offered higher returns, a trend that has become more prevalent in recent years. ...
https://knews.kathimerini.com.cy/en/news/fbi-probes-crew-s-awareness-in-baltimore-bridge-collapse-inquiry
The FBI has launched a criminal inquiry into the devastating collapse of a Baltimore bridge, which claimed the lives of six construction workers....
https://knews.kathimerini.com.cy/en/business/what-economic-headlines-are-making-waves-this-week
Amidst a backdrop of economic shifts and global challenges, a series of key developments are shaping the financial landscape. ...
https://knews.kathimerini.com.cy/en/news/politico-greek-companies-under-scrutiny-in-eu-fund-fraud-probe
Greek authorities, alongside the European Public Prosecutor’s Office (EPPO), are delving into allegations of fraud concerning the allocation of €2.5 billion in EU funds to just 10 companies in Greece.
...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-electricity-market-struggles-amid-smart-meter-setback
Cyprus faces significant hurdles in its electricity sector, notably in establishing a fair and competitive market. This impacts consumer choice of suppliers and efforts to transition to cleaner energy sources at home....
https://knews.kathimerini.com.cy/en/news/bridge-collapse-claims-lives-of-two-workers
The Francis Scott Key Bridge collapse early Tuesday resulted in the recovery of two bodies from the Patapsco River, identified as Alejandro Hernandez Fuentes......
https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation
International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks.
...
https://knews.kathimerini.com.cy/en/news/ny-attorney-general-moves-to-seize-trump-s-assets
In a significant legal maneuver, the office of New York Attorney General Letitia James has taken steps to file judgments against former President Donald Trump in Westchester County, N.Y....
https://knews.kathimerini.com.cy/en/business/cyprus-offers-€400k-boost-for-sme-s
The Commissioner for State Aid Control, Stella Michaelides, has announced her decision on a scheme aimed at supporting Small and Medium Size Enterprises (SMEs)...
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/news/cyprus-praises-eu-financial-plan-for-2025
The joint statement on the orientation of the eurozone’s fiscal policy for 2025 satisfies Cyprus as it validates the cautious and conservative fiscal policy that Cyprus has followed so far, Minister for Finance Makis Keravnos said in Brussels, where he was attending the meeting of the Eurogroup on Monday....
https://knews.kathimerini.com.cy/en/news/transport-ministry-enhances-traffic-surveillance-with-170-new-cameras
In a bid to revolutionize its traffic monitoring capabilities, the Ministry of Transport in Cyprus is embarking on a strategic initiative....
https://knews.kathimerini.com.cy/en/news/eac-awards-€40m-smart-meter-contract-to-cyta-despite-higher-bid
The Board of Directors of the Electricity Authority of Cyprus (EAC) has granted the contract for 400,000 smart electricity meters to Cyta, following pressure from the Energy Regulatory Authority and in compliance with EU Recovery Mechanism obligations....
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/business/cyprus-cabinet-unveils-business-carbon-grants
The Cabinet approved on Wednesday a new grants scheme to encourage greenhouse gas emission reductions in businesses....
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/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/news/greece-to-provide-50-000-free-surgeries-in-bold-health-initiative
Greece's Health Ministry has announced a plan to pay for some 50,000 operations that have been pending at the National Health System in afternoon surgeries....
https://knews.kathimerini.com.cy/en/news/is-president-s-trustworthiness-too-good-to-be-true
On the 17th of April 2022, I delved into the enigma of the Christodoulides phenomenon, marveling at the unprecedented surge of public adoration that preceded his formal candidacy....
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/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/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/uk-s-tallest-bird-cranes-thrive-with-80-pairs
In a remarkable resurgence, Britain's tallest bird, the crane, has notched up its highest breeding figures since their disappearance from the UK landscape back in the 16th century....
https://knews.kathimerini.com.cy/en/news/cyprus-secures-25-stake-in-epic-electric-cable-project
In the midst of a countdown, the government finds itself deeply engaged in one of the Eastern Mediterranean's most monumental energy endeavors....
https://knews.kathimerini.com.cy/en/news/cyprus-secures-€20-9-million-boost-from-eu-s-recovery-fund
In a significant development, the European Commission announced a pre-financing injection of €20.9 million for Cyprus from the Recovery and Resilience Mechanism,...
