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/business/cyprus-embraces-global-investment-with-its-bond-market-debut
In April 2024, the Republic of Cyprus is gearing up to enter the international bond markets, intending to issue a Euro Medium Term Note (EMTN) bond worth 1 billion euros....
https://knews.kathimerini.com.cy/en/news/cyprus-invests-€3-2m-in-50-green-kiosks
Today, Cyprus marked a significant step forward in its environmental efforts with the signing of a contract for the supply and installation of 50 prefabricated Green Kiosks across its mountainous and remote regions.
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https://knews.kathimerini.com.cy/en/news/cyprus-paves-the-way-in-its-ambitious-road-infrastructure-agenda
In an exclusive interview with Maria Eracleous of ''K,'' Eleftherios Eleftheriou, Director of Cyprus's Public Works Department, provided updates on critical infrastructure projects across the island nation....
https://knews.kathimerini.com.cy/en/news/central-bank-predicts-2-2-gdp-growth-in-2023
The Central Bank of Cyprus (CBC) expects GDP growth of 2.2% in 2023, compared to significant growth of 5.1% in 2022, while for the years 2024-26 it expects GDP growth of 2.6%, 3.1% and 3.2%, respectively....
https://knews.kathimerini.com.cy/en/news/prison-phone-disabling-system-faces-legal-hurdles
The Justice Ministry is moving forward with plans to install a new system to disable mobile phones in Central Prisons, despite the ongoing legal proceedings surrounding the issue, according to Minister Marios Hartsiotis....
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/business/hotel-berengaria-€40m-revival-sparks-environmental-debate
Positively, the Environmental Authority has conditionally approved the revival and operation of Hotel Berengaria and the construction of houses in Prodromos....
https://knews.kathimerini.com.cy/en/news/minister-vows-to-solve-prison-overcrowding-by-2026
Justice and Public Order Minister Marios Hartsiotis said on Friday he expects a significant reduction in prison overcrowding after the construction of the new Central Prison building, to be completed in 2026 according to schedule....
https://knews.kathimerini.com.cy/en/business/ey-seminar-explores-green-tax-impact-on-businesses
EY Cyprus Academy of Learning and Development Organized a Seminar on Sustainability and Green Taxes Affecting Business – As – Usual: The EU Role of Cyprus.
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https://knews.kathimerini.com.cy/en/news/norwegian-lng-fueling-india-s-energy-future-starting-2026
In a strategic move echoing India's green ambitions, Deepak Fertilisers has joined forces with Norwegian giant Equinor to secure a 15-year supply of liquefied natural gas (LNG)....
https://knews.kathimerini.com.cy/en/news/greek-government-to-sell-its-stake-in-piraeus-bank-anticipates-high-demand
Greece will proceed with the complete divestment of the state from Piraeus Bank with the disposition of the 27% it controls through the Hellenic Financial Stability Fund (HFSF)....
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/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/banks-urged-to-accelerate-loan-restructurings
The governor of the Central Bank has shed light on the strategy for restructuring Non-Performing Loans (NPLs) and navigating credit risk management....
https://knews.kathimerini.com.cy/en/comment/opinion/the-controversy-over-the-homophobic-school-video-and-societal-issues
In Cyprus, a heated debate has ensued over a school video labeled as homophobic. Despite the Minister of Education asserting no wrongdoing, tensions escalated on social media and in Parliament...
https://knews.kathimerini.com.cy/en/news/after-berengaria-comes-the-development-of-the-highlands
In recent months, work on the historic Berengaria Hotel in Prodromos, a €35 million project, has come to a standstill. But this is only temporary....
https://knews.kathimerini.com.cy/en/news/cyprus-takes-the-helm-in-pioneering-anchored-ship-electricity-revolution
In a pioneering initiative set to transform offshore electricity for anchored ships, Cyprus is taking a leading role in the European BlueBARGE project. ...
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-footballer-scores-pro-deal-with-omonoia
In a landmark moment for Turkish Cypriot football, 18-year-old Tahsin Ozler has secured his first professional contract with Omonia, extending his tenure with the club until the close of the 2026/27 season.
...
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/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/business/thanos-hotels-arrival-signals-shift-in-nicosia-s-identity
In Nicosia, specifically within its historic center and nestled within the ancient walls, Thanos Hotels is gearing up for a new venture. ...
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/comment/opinion/can-cyprus-withstand-yet-another-crisis
The recent Houthi attacks on commercial vessels navigating the Red Sea have triggered another disturbance in the intricate web of the global supply chain...
https://knews.kathimerini.com.cy/en/news/christodoulides-reunification-in-2024-despite-50-year-anniversary
Nikos Christodoulides emphasizes the significance of 2024, marking 50 years since the Turkish invasion and 20 years since Cyprus joined the EU....
https://knews.kathimerini.com.cy/en/news/cabinet-approves-free-preschool-for-4-year-olds
The Council of Ministers today greenlit the expansion of free pre-primary education for 4-year-olds, announced Education Minister Athina Michaelidou following the conclusion of the Cabinet meeting....
https://knews.kathimerini.com.cy/en/news/same-sex-childbearing-not-allowed-says-archbishop-george
Archbishop George of Cyprus clarifies the content of his Christmas message, which sparked political reactions....
https://knews.kathimerini.com.cy/en/news/2024-budget-gets-green-light-–-inside-scoop-on-state-wage-proposals
The 2024 budget was passed into law relatively comfortably, with a total of 37 MPs voting for it, while 19 were opposed. ...
https://knews.kathimerini.com.cy/en/news/government-joins-elite-with-third-plea-for-€152-3m
Acting Permanent Secretary of DG Growth at the Finance Ministry, Andreas Zachariades, said on Thursday that as of Friday, Cyprus will be among the first ten EU member states that have submitted the third payment request from the Recovery and Resilience Mechanism of the EU....
https://knews.kathimerini.com.cy/en/news/boc-revitalizes-former-orphanides-building-in-2026
Thoughts from the past year and a half are taking concrete form for the Bank of Cyprus, particularly concerning its plans for the creation of a new central headquarters (BOC Headquarters - Q H)....
