https://knews.kathimerini.com.cy/en/business/more-spending-in-cyprus-but-prices-are-rising
Cyprus is seeing more people shopping and spending money, but higher prices are still affecting the cost of living. New data shows that in November 2024, both the amount of goods sold and the money spent in retail stores went up compared to last year....
https://knews.kathimerini.com.cy/en/life/how-22-billion-pounds-of-coffee-waste-could-save-the-environment
What if your daily cup of coffee did more than fuel your morning? What if it also helped build stronger, greener cities? ...
https://knews.kathimerini.com.cy/en/business/2024-a-year-that-seriously-damaged-cyprus-s-investment-reputation
2024 will go down in history as a year that seriously damaged Cyprus’s investment reputation, with the collapse of several high-profile state projects....
https://knews.kathimerini.com.cy/en/news/stephen-knight-is-healing-hearts-and-saving-dogs
Stephen Knight, the founder of Dogs Matter, was celebrated as CNN’s Hero of the Year for 2024, recognized for his heartfelt mission of fostering dogs while their owners focus on overcoming addiction....
https://knews.kathimerini.com.cy/en/business/cyprus-risks-losing-grip-on-interconnector-amid-french-power-move
A reported agreement between Greece’s ADMIE and French investment fund Meridiam could alter the energy landscape of the Eastern Mediterranean, especially for Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-battles-turkey-s-recognition-push-for-trnc
Cyprus’ efforts to secure strong condemnation from the European Union over Turkey's actions to upgrade the status of the self-declared ''Turkish Republic of Northern Cyprus'' (TRNC) have faced significant challenges. ...
https://knews.kathimerini.com.cy/en/news/eib-invests-€200-million-to-modernize-cyprus-roads
The European Investment Bank (EIB) is backing Cyprus with a major boost for road infrastructure. Vice President of the EIB, Kyriakos Kakouris, is in Cyprus to sign the first part of a €200 million loan agreement....
https://knews.kathimerini.com.cy/en/comment/opinion/the-vatican-politics-and-our-underwater-cable-a-humorous-take-on-cyprus-life
I read it, and I couldn’t believe my eyes. The Vatican is facing serious financial problems....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-rolls-out-support-measures-for-vulnerable-groups
After a tense voting session last week, when the bill to tax bank profits narrowly failed to pass in Parliament, the Bank of Cyprus seems to be stepping up with measures aimed at helping vulnerable communities across the island. ...
https://knews.kathimerini.com.cy/en/news/french-investment-powers-up-cyprus-greece-electricity-link-with-€1-9b-deal
A significant agreement has been reached for the long-anticipated Cyprus-Greece electricity cable project, led by ADMIE, Greece's power grid operator. This project, which aims to connect the power grids of Cyprus and Greece, has secured new funding and a strategic partner....
https://knews.kathimerini.com.cy/en/news/paphos-mayor-sounds-alarm-over-suspected-€30m-gesy-fraud
The mayor of Paphos, Phedonas Phedonos, has raised serious concerns about the possible misuse of public funds related to the medical procedure known as neurolysis....
https://knews.kathimerini.com.cy/en/news/budget-passed-now-it-s-time-for-gifts-santa-suits-and-a-holiday-twirl-pics-and-video
After days of intense discussions, debates, and bill votes, Cyprus' MPs finally got a well-deserved break to celebrate the holiday season in style....
https://knews.kathimerini.com.cy/en/news/cyprus-joins-exclusive-u-s-military-training-as-first-non-nato-country
Cyprus and the United States are taking another major step in strengthening their defense relationship....
https://knews.kathimerini.com.cy/en/news/cyprus-bank-account-linked-to-dark-web-‘king-of-coke
The International Consortium of Investigative Journalists (ICIJ), known for its groundbreaking Pandora Papers revelations, has published a report exposing the activities of Mark Chikarowski—an Australian who operated under the pseudonym...
https://knews.kathimerini.com.cy/en/business/concerns-from-the-eib-regarding-the-electric-cable-project
Critical questions surrounding the electrical interconnection of Cyprus with the European electricity network through Greece have been raised in a letter from the Chamber of Engineers (ETEK) to the Ministry of Energy....
https://knews.kathimerini.com.cy/en/news/palestinians-sue-us-state-department-over-israel-military-aid
A group of Palestinians in Gaza and their American relatives are suing the U.S. State Department, claiming the agency has created special exceptions that allow Israel to bypass a law restricting military aid over human rights violations. ...
https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-condemn-turkey-s-plans-for-military-action-in-syria
Cyprus’ Foreign Minister, Constantinos Kombos, and the European Commission President, Ursula von der Leyen, have both condemned Turkey’s plans for a large-scale military operation in northern Syria, with growing fears that such actions could destabilize the region further....
https://knews.kathimerini.com.cy/en/comment/opinion/thank-god-for-gesy
The recent news surrounding the murder of United Healthcare CEO Brian Thompson and the arrest of Luigi Mangione, the suspected shooter, has sparked an intense debate. As an American who grew up in Los Angeles and now calls Cyprus home, I find the entire case deeply thought-provoking, especially in light of my own personal experiences with healthcare systems....
https://knews.kathimerini.com.cy/en/news/how-assad-s-regime-stashed-millions-while-syria-crumbled
It turns out, while Syria was crumbling under war and sanctions, Bashar al-Assad’s regime was quietly flying millions in cash to Moscow....
https://knews.kathimerini.com.cy/en/news/is-dubai-cracking-down-on-drug-lords-and-money-launderers
Dubai’s glitzy reputation as a playground for Europe’s most notorious drug lords and money launderers may finally be under threat....
https://knews.kathimerini.com.cy/en/business/mango-founder-isak-andic-dies-at-71-after-tragic-accident
Isak Andic, the visionary behind global fashion brand Mango, tragically passed away at the age of 71 following an accident during a family excursion. ...
https://knews.kathimerini.com.cy/en/news/50-000-vehicles-in-cyprus-face-recall-over-defective-takata-airbags
Cyprus could see up to 50,000 cars recalled due to the dangerous Takata airbags, a defective part responsible for deaths and injuries around the world, including in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/the-amphetamine-crisis-that-toppled-assad
The rapid collapse of Bashar al-Assad’s government in Syria came as a surprise to many. After a fierce, multi-day assault, rebel forces captured the capital, Damascus, on Sunday, forcing Assad to flee to Russia. ...
https://knews.kathimerini.com.cy/en/business/elon-musk-becomes-first-person-to-achieve-a-$400-billion-net-worth
Elon Musk, the world’s richest person, has reached an unprecedented milestone: a net worth of $400 billion, according to Bloomberg....
https://knews.kathimerini.com.cy/en/comment/opinion/cypriot-mp-s-take-a-break-from-banking-on-reform
Yesterday, we witnessed one of the most evenly matched votes ever held in the Cyprus Parliament. MPs were called to vote on the proposal from AKEL for a one-off tax on bank profits....
https://knews.kathimerini.com.cy/en/news/cyprus-mps-vote-on-major-bills-including-tax-hikes-and-baby-bonuses
The Cyprus Parliament was busy on Thursday, voting on a series of important bills that could reshape the island's economic landscape and support families....
https://knews.kathimerini.com.cy/en/business/parliament-rejects-akel-s-5-bank-tax-bill-after-tense-showdown
A dramatic session in parliament ended with the rejection of a contentious proposal by the opposition party AKEL, which aimed to impose an extraordinary 5% solidarity tax on bank interest income for 2024 and 2025. ...
https://knews.kathimerini.com.cy/en/news/mps-set-to-vote-on-over-100-bills-today-including-5-tax-on-banks-and-car-recalls
In today's last plenary session before the Christmas holidays, Cypriot MPs will vote on over 100 bills and legislative proposals, with attention focusing on several high-profile issues....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-ceo-michalis-louis-on-merger-plans-and-cyprus-future
According to Kathimerini's Panayiotis Rougalas, Michalis Louis, in his first interview since becoming CEO of Hellenic Bank, discussed the challenges and opportunities ahead, especially in the context of the bank’s merger plans and its strategies for growth....
https://knews.kathimerini.com.cy/en/life/temu-s-tempting-deals-are-a-double-edged-sword-for-cypriot-shoppers
Temu, an emerging e-commerce platform, offers an extensive range of products, from gadgets and household goods to clothing and toys, at remarkably low prices....