https://knews.kathimerini.com.cy/en/news/luxury-retailers-saks-and-neiman-marcus-merge-in-big-deal
A new luxury retail giant is emerging in the United States as the parent company of Saks Fifth Avenue acquires Neiman Marcus for $2.65 billion....
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/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/business/dior-bags-assembled-for-€53-sold-at-€2-600
Italian authorities have uncovered stark realities behind the glitz of fashion catwalks and luxury boutiques during recent raids on local factories and workshops involved in the production of Dior and Armani handbags....
https://knews.kathimerini.com.cy/en/news/cabinet-expands-subsidies-for-infertility-treatment
The Cyprus Cabinet has greenlit an amended plan that significantly enhances subsidies for infertility treatment, Health Minister Michael Damianos announced Tuesday....
https://knews.kathimerini.com.cy/en/business/new-pyramid-scheme-preys-on-cypriots-promising-big-profits
In a report by Hectoras Georgiou from Kathimerini, a new company named Metamax has recently popped up in Cyprus, promising substantial profits to users through its application. ...
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/great-seat-interconnector-study-outlines-benefits-july-11
The Greek Regulatory Authority for Energy (RAAEU) has made a significant decision regarding the methodology for calculating the regulated revenue......
https://knews.kathimerini.com.cy/en/news/us-pushes-for-equal-religious-access-across-cyprus
Representatives of the U.S. Embassy met with officials from the Ministries of Interior, Foreign Affairs, and Justice of the Republic of Cyprus to discuss religious......
https://knews.kathimerini.com.cy/en/comment/opinion/fidias-victory-brings-new-hope-to-cypriot-politics
In modern pedagogy, one can distinguish between a young person who reacts to various situations and suggestions of expected behaviour, and another who remains apathetic......
https://knews.kathimerini.com.cy/en/news/prountzos-says-municipalities-are-here-to-serve-the-citizens
The newly appointed Mayor of Nicosia, Charalambos Prountzos, expressed strong confidence in the success of local government reform during the mayoral handover ceremony....
https://knews.kathimerini.com.cy/en/business/zero-vat-on-essential-goods-until-september-2024
Cyprus' Tax Department has announced a zero rate of Value Added Tax (VAT) on essential goods until September 30, 2024, following a decree issued by the Cabinet. This measure aims to alleviate financial burdens on consumers amid economic challenges....
https://knews.kathimerini.com.cy/en/comment/opinion/why-building-a-home-is-rare-today
As discussed in our previous article, the housing landscape in our country is changing, with home ownership rates decreasing and aligning with the European average. ...
https://knews.kathimerini.com.cy/en/news/new-era-in-cyprus-local-governance-begins-with-20-new-municipalities
Cyprus is undergoing a significant local government reform aimed at enhancing service quality, financial and administrative autonomy, and transparency. ...
https://knews.kathimerini.com.cy/en/news/visually-impaired-paralympian-blocked-from-competing-due-to-uk-guide-dog-policy
A Paralympic swimmer set to compete in this summer’s Games says his career is at risk after post-Brexit policy changes barred him from flying in and out of the UK with his guide dog....
https://knews.kathimerini.com.cy/en/news/illegal-residency-soars-in-occupied-cyprus
The number of illegal residents in occupied Cyprus has surged to 83,000, marking a significant increase in undocumented individuals, according to data released by the "Ministry of Interior" and reported by Yeni Duzen newspaper....
https://knews.kathimerini.com.cy/en/business/top-cypriot-producers-honored-for-their-culinary-excellence
Ten Cypriot agri-food producers were honored at the 10th ''Gastronomos'' Quality Awards on Thursday evening, June 27, 2024. The event, held at the old Nicosia Town Hall, celebrated a decade of achievements in Cypriot gastronomy and the promotion of local products....
https://knews.kathimerini.com.cy/en/news/after-the-white-smoke-phase-two-begins-for-von-der-leyen
The attempt to reassure Georgia Meloni to agree to the European Council's decision to back the trio of Ursula von der Leyen for a second term as President of the Commission, Antonio Costa as President of the European Council...
https://knews.kathimerini.com.cy/en/comment/opinion/trolls-blacklists-and-rose-milk-a-democratic-drama
The issue of fake accounts and trolls on platform X is becoming a big topic - especially following accusations by a well-known lawyer. According to these accusations, w...
https://knews.kathimerini.com.cy/en/news/government-launches-10-new-digital-civil-registry-services
The creation of online services for the benefit of citizens is a high priority for the government, said Interior Minister Konstantinos Ioannou on Thursday during a joint press conference with Deputy Minister......
https://knews.kathimerini.com.cy/en/news/scottish-secretary-resigns-amid-uk-election-betting-scandal
The unfolding scandal surrounding bets on the UK government's election date deepened significantly yesterday with the revelation......
https://knews.kathimerini.com.cy/en/news/manhunt-underway-for-suspect-in-ormideia-murder-case
A 45-year-old man is wanted in connection with a murder investigation following an incident last night in Ormideia....
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/paphos-hoteliers-face-mixed-bag-of-occupancy-rates-in-june
The hotel industry in Paphos province experienced a varied start to June, gradually improving as the month progressed, according to Euripides Loizides, President of the Paphos Hoteliers Association....
https://knews.kathimerini.com.cy/en/business/paphos-polis-road-project-faces-uncertain-future
The long-awaited road project connecting Paphos to Polis Chrysochous, which began in May 2021, faces significant delays and potential abandonment. ...
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/politico-ursula-von-der-leyen-antonio-costa-kaja-kallas-get-top-spots
In a significant development, negotiators from six EU leaders have reached an agreement on the allocation of top positions within the European Commission, European Council, and foreign policy service. ...
https://knews.kathimerini.com.cy/en/comment/opinion/from-tiktok-follower-to-political-pundit-a-satirical-dive-into-cyprus-politics
I've decided to get more involved in politics. Since I'm a bit curious, I've started obsessively following what's happening in Brussels. No, I didn't sit down to study because I'm also a bit lazy....
https://knews.kathimerini.com.cy/en/news/government-extends-subsidies-to-ease-cost-of-living-crisis
The Cabinet approved a proposal on Wednesday by Finance Minister Makis Keravnos to extend measures aimed at compensating for the living costs of Cypriot households. Government Spokesperson Konstantinos Letymbiotis announced the decision following the Cabinet meeting....
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....