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/news/cyprus-trade-deficit-soars-to-€8-57-billion-in-2023
Cyprus' trade deficit for 2023 reached €8.57 billion, marking an 18% increase from the previous year's €7.26 billion, according to provisional data released by the Statistical Service of Cyprus (CyStat)....
https://knews.kathimerini.com.cy/en/news/cyprus-drowning-in-trash-as-stats-report-more-waste-less-recycling
Brace yourselves, Cyprus – we've got a waste problem. The latest data from Eurostat, the EU's number cruncher, shows that in 2022, we each tossed out a whopping 673 kg of municipal waste....
https://knews.kathimerini.com.cy/en/news/un-led-efforts-prompt-britain-s-cyprus-diplomatic-push
Amid the political tremors sparked in Nicosia by Irphan Siddiq's interview with "K" magazine, Britain ventures into the Cyprus conundrum by assembling a robust diplomatic unit at the Foreign Office....
https://knews.kathimerini.com.cy/en/news/former-dutch-pm-and-wife-s-joint-double-euthanasia
In a poignant farewell, former Dutch Prime Minister Dries van Agt and his wife, Eugenie, passed away together in what is described as a rare ''double euthanasia.''...
https://knews.kathimerini.com.cy/en/news/sweden-to-send-troops-to-latvia-amid-hungary-s-nato-opposition
Sweden is poised to bolster its military presence in Latvia, signaling a significant step toward potential NATO membership despite ongoing resistance from Hungary....
https://knews.kathimerini.com.cy/en/news/us-ambassador-cyprus-vital-for-regional-stability
In an era defined by conflict and rapidly changing geopolitical landscapes we see just how crucial Cyprus’ role is as a secure pillar of stability in the Eastern Mediterranean region, US Ambassador Julie Fisher said Thursday, addressing an event at the University of Cyprus....
https://knews.kathimerini.com.cy/en/news/housing-costs-rise-apartments-jump-11-1-in-2024
House and apartment rents went up 8% and 11.1%, respectively, over the year in the fourth quarter of 2024, according to the Ask Wire Index. At the same period, house and apartment values rose 3% and 8.8% respectively over the year....
https://knews.kathimerini.com.cy/en/business/cabinet-moves-forward-with-plan-to-support-cyprus-entrepreneurs
Cyprus is gearing to set up a National Development Organisation which coupled with the Cyprus Equity Fund will promote entrepreneurship by covering financing gaps for small and medium-sized enterprises and start-ups, Minister of Finance Makis Keravnos said on Wednesday....
https://knews.kathimerini.com.cy/en/news/mps-question-rik-s-handling-of-political-participation-in-television-panels
The unchecked involvement of politicians, notably candidates during election cycles, in RIK broadcasts became a focal point in the Cyprus Parliament....
https://knews.kathimerini.com.cy/en/news/electricity-subsidy-extends-to-vulnerable-consumers-until-february-s-end
With its metaphorical ''finger on the trigger,'' the Ministry of Finance is vigilantly tracking the anticipated surges in the current....
https://knews.kathimerini.com.cy/en/news/putin-and-erdogan-set-to-explore-russian-turkish-bank-formation
Moscow and Ankara are set to discuss the establishment of a bank serving Russian and Turkish interests, among other topics, during the upcoming week, according to the Kremlin....
https://knews.kathimerini.com.cy/en/news/can-cameras-really-curb-road-fatalities
In early February, tragedy struck the roads of Cyprus once again as authorities announced the loss of 25-year-old Marios Roditis in a fatal collision on a Larnaca road Sunday night....
https://knews.kathimerini.com.cy/en/news/biden-praises-job-growth-declares-us-economy-strongest-in-the-world
President Joe Biden lauded the robust jobs report released on Friday, touting it as evidence of the United States possessing the world's strongest economy....
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.
...
https://knews.kathimerini.com.cy/en/news/meta-ceo-to-receive-$700m-dividend
Mark Zuckerberg, the CEO of Meta, the parent company overseeing Facebook, Instagram, and WhatsApp, anticipates an annual dividend of $700 million (£549 million), according to recent announcements....
https://knews.kathimerini.com.cy/en/news/cyprus-among-top-10-intolerant-countries-in-europe
The University Field Research Centre, PAKEPE, of the University of Cyprus unveiled troubling findings from the 2022 European Social Survey (CSR), indicating prevalent xenophobic sentiments within the island nation....
https://knews.kathimerini.com.cy/en/news/nicosia-s-boutique-hotel-scene-flourishes-amid-tourism-surge
Seeking accommodation in a hotel in Nicosia for February, the search yields 22 options. Narrowing the search by distance from the city center results in fewer choices, yet still satisfactory. Twelve boutique units, primarily small boutique hotels, emerge from the search on booking.com....
https://knews.kathimerini.com.cy/en/news/man-files-un-complaint-against-spain-over-border-tragedy
A 25-year-old individual from Cameroon, who identified himself under the pseudonym Ludovic, has lodged a complaint with the United Nations against Spain, alleging multiple violations of the convention against torture....
https://knews.kathimerini.com.cy/en/news/court-increases-prison-sentence-for-fatal-car-accident-to-3-years
The Court of Appeals has ruled to impose a 3-year prison sentence, as opposed to the initial 22 months handed down by the lower court, to an individual found guilty......
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/cyprus-dining-experience-elevated-at-wiz-50-best-awards
For the second consecutive year, WiZ GUIDE, SppMedia Group, and the Bank of Cyprus co-hosted the prestigious ''WiZ 50 BEST Restaurants'' ceremony....
https://knews.kathimerini.com.cy/en/business/3-january-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/tragic-collision-leads-to-harsher-punishment-for-negligent-driver
In a recent development, the Court of Appeals has revisited the sentencing in the tragic traffic death case involving 62-year-old Hungarian national Marta Tyorjanne....
https://knews.kathimerini.com.cy/en/news/usa-alabama-makes-history-with-first-nitrogen-gas-execution
In a historic move, Alabama carried out the execution of convicted murderer Kenneth Eugene Smith, making it the first state to use nitrogen gas for an execution. Smith, 58, was declared dead at 8:25 p.m. Thursday after a process that involved visible convulsions and shaking....
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,...
https://knews.kathimerini.com.cy/en/news/government-urges-lebanon-to-act-on-irregular-migration
The government of Lebanon should also take measures in order to limit the number of irregular migrants leaving the country by boat to reach Cyprus, President Nikos Christodoulides said on Wednesday evening, pointing out that Cyprus has already taken steps which have had results.
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https://knews.kathimerini.com.cy/en/business/hellenic-bank-and-ergo-germany-eye-cnp-cyprus-acquisition
Two entities are currently in discussions regarding the acquisition of CNP Cyprus Insurance Holdings, the subsidiary of the French insurance giant CNP Assurances. ...
https://knews.kathimerini.com.cy/en/business/wizz-air-soars-to-new-heights-with-71-increase-in-cypriot-passengers
In 2023, Wizz Air experienced a remarkable surge in popularity among Cypriot travelers, with a staggering 71% increase in passengers compared to the previous year, reaching a total of 2.2 million passengers, as announced by the company....
https://knews.kathimerini.com.cy/en/business/deal-in-the-works-for-cnp-cyprus
The subsidiary of the French insurance giant CNP Assurances, CNP Cyprus Insurance Holdings, is currently in discussions for a potential change in ownership. ...
