https://knews.kathimerini.com.cy/en/news/cyprus-to-remove-130-speed-bumps-in-road-reassessment
Authorities decided to remove 130 speed-reducing installations, such as bumps and elevated platforms, Senior Executive Engineer at the Department of Public Works (DPW), Charalambos Kais, told the Cyprus News Agency (CNA)....
https://knews.kathimerini.com.cy/en/business/new-prison-to-be-built-by-2027-menoyia-to-be-dedicated-to-minors
The construction of a new Central Prison building, set for completion in 2027, and the conversion of the Menoyia facilities into a detention center for children were approved by the Cabinet, Justice Minister Marios Hartsiotis announced Wednesday evening....
https://knews.kathimerini.com.cy/en/business/aegean-announces-a-€25m-investment-in-volotea
Aegean Airlines S.A. (''AEGEAN'') is pleased to announce an investment of €25M in Volotea S.L., one of Europe’s leading low-cost carriers based in Barcelona, Spain....
https://knews.kathimerini.com.cy/en/news/cyprus-crete-energy-link-faces-collapse-amid-political-turmoil
The Cyprus-Crete electricity interconnection project, a critical initiative to integrate Cyprus into the European energy grid, is mired in political and economic controversy, threatening its future. ...
https://knews.kathimerini.com.cy/en/business/cyprus-powers-up-for-a-last-minute-save
Nicosia has requested more time at the political level to keep the Cyprus-Crete electricity interconnection project on track, following a dispute over €100 million in project cost recovery....
https://knews.kathimerini.com.cy/en/news/cyprus-follows-germany-s-lead-on-refugee-returns-to-syria
A recent Islamist terror attack in Solingen, which left three people dead, is prompting a reevaluation of Germany's migration policies ahead of upcoming national elections....
https://knews.kathimerini.com.cy/en/news/mariah-carey-loses-both-mother-and-sister-on-the-same-day
Mariah Carey revealed Monday that her mother, Patricia, and sister, Alison, died over the weekend on the same day.
...
https://knews.kathimerini.com.cy/en/news/cera-decision-delay-stalls-cyprus-crete-electrical-cable-project
The Regulatory Authority of Cyprus (CERA) has once again postponed its decision on the timing of cost recovery for the Cyprus-Crete electrical cable project, causing frustration among stakeholders....
https://knews.kathimerini.com.cy/en/news/party-leaders-argue-over-president-s-decision-to-invite-turkish-minister
Recent tensions have emerged between the Cypriot government and its supporting parties over President Nikos Christodoulides's handling of the Cyprus issue, exposing deeper internal fractures within these parties amid the summer lull....
https://knews.kathimerini.com.cy/en/news/ft-china-set-to-hit-pwc-with-record-penalty-amid-evergrande-fallout
PwC China has informed its clients that it expects Chinese authorities to impose a six-month business ban starting as early as September, following its audit of the now-collapsed property developer Evergrande....
https://knews.kathimerini.com.cy/en/news/cyprus-to-offer-more-affordable-homes-with-cldc-s-three-part-plan
The development programme of the Cyprus Land Development Corporation (CLDC) will move along three pillars in order for the organisation to provide affordable housing for purchase or rent to beneficiaries, is Director General Eleni Symeonidou, has told the Cyprus News Agency, stressing the contribution of the organisation in easing the housing shortage....
https://knews.kathimerini.com.cy/en/news/uk-travelers-to-the-eu-will-need-€7-visa-waiver-starting-may-2025
UK travelers heading to the EU will need to pay a €7 fee starting in May 2025, thanks to new rules introduced by the EU. This fee, part of the European Travel Information and Authorisation System (ETIAS), will be required for UK and other visa-exempt travelers, similar to the US ESTA system....
https://knews.kathimerini.com.cy/en/news/cyprus-hunting-federation-urges-hunters-to-report-kills-on-new-platform
As the 2024-2025 hunting season begins, the Cyprus Federation for Hunting and Wildlife Conservation urges hunters to adhere to new safety and environmental regulations strictly....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-set-for-major-changes-in-september
September will bring significant shifts for Cyprus's two largest banks....
https://knews.kathimerini.com.cy/en/comment/opinion/global-uncertainty-looms-as-biden-s-final-months-approach
Five months remain until the next US president is sworn in. Five very fluid and dangerous months. Everyone knows that President Joe Biden is on his way out. His power and influence are waning with each passing day....
https://knews.kathimerini.com.cy/en/business/cyprus-finalizes-2025-budget-with-focus-on-export-growth
The Council of Ministers is set to finalize discussions on the 2025 state budget by mid-September, as confirmed by Finance Minister Makis Keravnos. ...
https://knews.kathimerini.com.cy/en/news/paris-ranks-as-europe-s-most-expensive-city-for-housing
Paris remains the most expensive city in Europe for free-market housing, with an average price of 14,900 euros per square meter, according to a report by Deloitte....
https://knews.kathimerini.com.cy/en/news/government-confident-in-surpassing-4-growth-in-2024-says-letymbiotis
The government now aims for the 2024 growth rate to exceed 4%, Government Spokesperson Konstantinos Letymbiotis said, following a flash estimate by the Statistical Service for a growth rate of 3.6% (3.7% when adjusted seasonally and based on working days)....
https://knews.kathimerini.com.cy/en/news/cyprus-and-china-lock-horns-over-vasilikos-issues
Apostolos Tomaras writes in this Sunday's Kathimerini that negotiations between Cyprus and the Chinese consortium over the "PROMETHEAS" ship, currently in Shanghai, have become a contentious issue as Cyprus seeks to gain control of the vessel. ...
https://knews.kathimerini.com.cy/en/news/cyprus-green-energy-struggles-as-market-changes-loom
Cyprus is gearing up for a major shake-up in its electricity market by 2025, but concerns are growing over how this will impact investments in renewable energy....
https://knews.kathimerini.com.cy/en/news/first-phase-of-nicosia-highway-opens-connecting-major-cities
The completion of the Nicosia Peripheral Highway project will ensure seamless and continuous traffic flow between western Nicosia and Larnaca......
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-sees-23-profit-growth-raises-financial-targets
The Bank of Cyprus has announced a 23% increase in its profit after tax for the first half of 2024, reaching €270 million, compared to the same period in 2023. ...
https://knews.kathimerini.com.cy/en/news/government-rolls-out-€400-laptop-grants-for-middle-school-students
Following the President's announcement of the "At Every Start, Together" initiative aimed at supporting students at the beginning of the new school year and easing family......
https://knews.kathimerini.com.cy/en/news/central-bank-revises-gdp-growth-to-3
The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth rate for 2024, by 0.2 percentage points, to 3%......
https://knews.kathimerini.com.cy/en/news/gesy-reserve-fund-soars-to-€590-million
The General Healthcare System (GESY) reserve fund remains high at approximately €590 million, exceeding international best practices......
https://knews.kathimerini.com.cy/en/news/president-christodoulides-visits-olympic-village-praises-athletes
The President of the Republic of Cyprus, Nikos Christodoulides, visited the Olympic Village on Sunday, where he met with the athletes of the Cyprus Olympic Committee's delegation to the Paris Olympics, the "best ambassadors of Cyprus abroad", as he said....
https://knews.kathimerini.com.cy/en/news/greek-firms-fuel-business-expansion-across-cyprus
The investment climate in Cyprus has significantly improved since the crisis era of 2013, attracting substantial interest from Greek companies....
https://knews.kathimerini.com.cy/en/news/cyprus-signs-€50-million-contract-for-smart-meters
A €50 mln contract for Advanced Metering Infrastructure (ΑΜΙ) was signed on Wednesday between the Electricity Authority of Cyprus (EAC) and the Cyprus Telecommunications Authority (CYTA)....
https://knews.kathimerini.com.cy/en/news/high-electricity-costs-in-cyprus-due-to-lack-of-renewables
As high temperatures drive increased energy demand in Cyprus, the island remains heavily reliant on mazut for electricity production....
https://knews.kathimerini.com.cy/en/news/etyfa-receives-unfinished-vasilikos-terminal-plans-to-complete-by-2025
The government is on a countdown following the termination of the contract for the construction of Terminal F.P. at Vasilikos by the CPP-METRON CONSORTIUM LTD....
