https://knews.kathimerini.com.cy/en/news/cyprus-sets-course-for-cheaper-electricity-in-2025
Energy, Commerce, and Industry Minister George Papanastasiou unveiled Cyprus' ambitious plans for the Electricity Authority of Cyprus (EAC) during a press conference in Nicosia on Tuesday. ...
https://knews.kathimerini.com.cy/en/business/no-progress-on-cyprus-greece-electricity-interconnection-project
No progress was made on the Cyprus side's position regarding the Crete-Cyprus electricity interconnection project during yesterday's teleconference, initiated by the European Commission and involving stakeholders from Greece and Cyprus....
https://knews.kathimerini.com.cy/en/news/domestic-violence-cases-on-the-rise-in-cyprus
Reports of domestic violence in Cyprus have seen a significant rise, with incidents reaching alarming numbers, Justice and Public Order Minister Marios Hartsiotis told a parliamentary committee on Monday....
https://knews.kathimerini.com.cy/en/news/government-charts-course-for-2025-budget-surplus
President Nikos Christodoulides announced during a Cabinet meeting on Monday that the government is on track to achieve a budget surplus for the fiscal year 2025....
https://knews.kathimerini.com.cy/en/news/producers-must-increase-goat-and-sheep-s-milk-in-halloumi
Agriculture Minister Maria Panayiotou announced on Saturday a new decree to adjust milk quotas for making Halloumi cheese with Protected Designation of Origin (PDO) status. She also revealed financial support measures for the sector....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-hurdles-in-connecting-to-european-electricity-grid
A critical regional energy project aiming to connect Cyprus to the European electricity grid has hit significant roadblocks, threatening the country's bid to end its energy isolation as the last EU member-state without such a connection....
https://knews.kathimerini.com.cy/en/news/cyprus-risks-losing-€657m-eu-grant-for-interconnector-project-says-energy-minister
Energy Minister George Papanastasiou expressed concerns over the potential withdrawal of a €657 million subsidy by the European Commission for the electricity interconnection project between Cyprus and Greece......
https://knews.kathimerini.com.cy/en/news/cbc-to-keep-dividends-low-despite-bank-profits
The increased profitability of Cypriot banks, will not affect the supervisory authorities’ views over the necessity to maintain a prudent policy with respect to banks’ dividend payments, the Central Bank of Cyprus said in its annual report for 2023, published on Wednesday....
https://knews.kathimerini.com.cy/en/news/athens-warns-nicosia-to-reverse-delays-in-power-grid-project
The ambitious electricity interconnection project linking Cyprus with the European power grids through Greece faces significant hurdles as tensions rise between Athens and Nicosia....
https://knews.kathimerini.com.cy/en/news/ecb-concerned-over-cypriot-bank-profit-tax-proposal
In 2023, Cypriot banks reported unprecedented profits, marking a 15-year high, with projections suggesting even greater earnings in 2024....
https://knews.kathimerini.com.cy/en/news/president-announces-€10-million-boost-for-cyprus-tourism
President Nikos Christodoulides announced a €10 million increase in the 2025 budget for the Deputy Ministry of Tourism to enhance Cyprus's international promotion....
https://knews.kathimerini.com.cy/en/news/ministry-unveils-bold-plan-to-combat-illegal-waste-dumping
Minister of Agriculture, Rural Development and Environment, Maria Panayiotou, has announced a multifaceted strategy to combat the island's persistent issue of illegal waste dumping, unveiling the initiative under the banner #wastefreecyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-has-a-long-way-to-go-when-it-comes-to-ev-s
Cyprus lags behind the rest of the European Union in the adoption of battery electric vehicles (BEVs), according to data from the European Alternative Fuels Observatory (EAFO). While growth is noted and targets seem achievable, the country's rate of electric car use remains among the lowest in the EU....
https://knews.kathimerini.com.cy/en/news/global-giants-eye-battery-storage-project-in-cyprus
Major global companies like Tesla and Samsung have expressed interest in developing a battery-based electricity storage system in Cyprus, according to Minister of Energy, Trade, and Industry George Papanastasiou. ...
https://knews.kathimerini.com.cy/en/news/standard-poor-s-upgrades-bank-of-cyprus-rating
Standard & Poor’s (S&P) has upgraded Bank of Cyprus’ long-term issuer rating to BB+, just one notch below investment-grade status, and assigned a positive outlook. This comes shortly after the upgrade of Cyprus’ long-term rating to BBB+, also with a positive outlook....
https://knews.kathimerini.com.cy/en/news/transport-minister-vafeades-calls-for-fair-climate-laws-in-shipping
Transport Minister Alexis Vafeades spoke of the need to prevent the side effects of legislation to tackle climate change on the shipping sector and ports, during discussions in the Transport Council of the EU held on Tuesday in Luxembourg....
https://knews.kathimerini.com.cy/en/news/cyprus-to-sell-1-billion-bond-after-improved-credit-ratings
The Republic of Cyprus is expediting its return to the financial markets, seeking to leverage recent credit rating upgrades by Fitch and Standard & Poor's......
https://knews.kathimerini.com.cy/en/news/cbc-projects-3-gdp-growth-in-2024
The Central Bank of Cyprus has revised its 2024 forecast for GDP growth to 3%, from 2.8% that was expected last March, mainly due to the upward revision of domestic demand, while it maintained its forecast for growth in the years 2025 and 2026, at 3.1% and 3.2%, respectively....
https://knews.kathimerini.com.cy/en/news/small-homeless-communities-pop-up-in-us-cities
In a dreary part of downtown Atlanta, shipping containers have been transformed into an oasis for dozens of previously unsheltered people who now proudly call a former parking lot home....
https://knews.kathimerini.com.cy/en/news/moderna-s-combined-covid-flu-vaccine-proves-effective
Moderna's combined COVID-19 and flu vaccine has demonstrated efficacy equivalent to that of separate shots in late-stage trials, according to results published on Monday. ...
https://knews.kathimerini.com.cy/en/news/foreign-minister-begins-diplomatic-blitz-in-the-us
Cyprus Minister of Foreign Affairs, Constantinos Kombos, embarks on a significant working visit to the United States, starting with engagements in Washington, New York, and Chicago....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-obstacles-in-efforts-to-repatriate-syrian-refugees
According to a report by Pavlos Xanthoulis in Kathimerini's Sunday printed edition, Nicosia's efforts to designate certain areas of Syria as "safe" for the purpose of facilitating the return of Syrian refugees have encountered significant political, legal, and humanitarian obstacles....
https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-bbb
Fitch Ratings has upgraded Cyprus' Long-Term Foreign Currency Issuer Default Rating from 'BBB' to 'BBB+' with a positive outlook....
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-could-offset-ecb-rate-cut-benefits
The European Central Bank (ECB) cut its three key interest rates by 25 basis points on Thursday, marking the first reduction after nearly two years of increases or stasis. ...
https://knews.kathimerini.com.cy/en/news/eu-funded-project-aims-to-shatter-migrant-prejudices
The Advisory Centre for Family Support (SYKESO) has announced the launch of the ISOTITA project, a new initiative aimed at helping migrant and refugee women integrate into Cypriot society....
https://knews.kathimerini.com.cy/en/business/electricity-interconnector-could-save-households-up-to-€400
The Great Sea interconnector, a €1.9 billion subsea cable linking the electricity grids of Cyprus and Greece, promises significant savings for Cypriot households. ...
https://knews.kathimerini.com.cy/en/news/trump-s-future-travels-in-limbo-as-38-nations-could-bar-entry
Donald Trump could face hurdles traveling internationally due to his recent felony convictions, which might complicate any potential second term in office....
https://knews.kathimerini.com.cy/en/news/nasa-s-new-rocket-set-to-cut-mars-journey-to-just-60-days
Recently, NASA announced it was funding a revolutionary high-thrust rocket — called a Pulsed Plasma Rocket — that could make crewed missions to Mars in just two months....
https://knews.kathimerini.com.cy/en/news/cyprus-wins-imf-praise-for-strong-recovery
The International Monetary Fund (IMF) has praised Cyprus for its robust economic recovery and fiscal discipline, recommending continued efforts......
https://knews.kathimerini.com.cy/en/news/cyprus-pledges-to-plant-100-000-trees-annually-to-combat-climate-change
The Ministry of Agriculture, Rural Development, and Environment has introduced a series of ambitious green initiatives......
