https://knews.kathimerini.com.cy/en/news/cabinet-greenlights-solar-water-heating-grants-up-to-€900
The Cabinet approved a grant scheme on Wednesday aimed at installing solar water heating systems in homes, according to Energy, Commerce, and Industry Minister Giorgos Papanastasiou....
https://knews.kathimerini.com.cy/en/news/oil-prices-surge-4-after-iran-fires-missiles-at-israel
Oil prices surged nearly 4% on Tuesday following Iran's ballistic missile attacks on Israel, launched in retaliation for Israel’s campaign against Tehran’s Hezbollah allies in Lebanon....
https://knews.kathimerini.com.cy/en/news/illegal-construction-raises-concerns-at-latchi-tourist-site
Authorities are grappling with a series of planning violations at a tourist complex in Latchi, Cyprus, being developed by Israeli interests....
https://knews.kathimerini.com.cy/en/news/uae-s-taqa-looks-to-invest-in-cyprus-greece-electricity-project
A delegation of the United Arab Emirates (UAE) state-owned company TAQA, led by its CEO, Dr. Afif Saif Saif Al Yafei, reaffirmed its strong interest in participating in the GSI Cyprus-Greece electricity interconnection project, during a meeting......
https://knews.kathimerini.com.cy/en/news/cera-approves-€125m-for-cyprus-crete-power-link
The Cyprus Energy Regulatory Authority (CERA) has approved an annual investment recovery of €25 million for the Cyprus-Crete electricity interconnection project, also known as the Great Sea Interconnector (GSI), covering the period from January 1, 2025, to December 31, 2029....
https://knews.kathimerini.com.cy/en/life/m-m-s-drops-a-sweet-bomb-peanut-butter-jelly-flavor-is-here
M&M's has done it again! Just in time for candy season, the iconic brand has unveiled a new flavor that has everyone buzzing: Peanut Butter and Jelly!...
https://knews.kathimerini.com.cy/en/business/leaders-meet-amid-concerns-over-delayed-agreement-on-gsi
A summit meeting between Greek Prime Minister Kyriakos Mitsotakis and Cypriot President Nikos Christodoulides is set for Thursday, amid growing tensions over the future of the electricity interconnection project between Crete and Cyprus....
https://knews.kathimerini.com.cy/en/news/minister-backs-cyprus-crete-cable-raek-to-review
According to Apostolos Tomaras' article which was published in Kathimerini's Cyprus edition, Cyprus and Greece are poised to resolve lingering issues surrounding the electricity interconnection project between Cyprus and Crete......
https://knews.kathimerini.com.cy/en/news/von-der-leyen-unveils-new-eu-commission-amid-slovenian-delay
European Commission President Ursula von der Leyen has selected Cyprus' Kostas Kadis as the next Commissioner for Fisheries and Oceans. Announcing the decision today, von der Leyen praised Kadis, saying,...
https://knews.kathimerini.com.cy/en/business/the-transformation-of-berengaria-hotel-in-prodromos-continues-an-overview-of-current-progress
The repair and renovation works at Cyprus’s most historic mountain resort, the Berengaria Hotel in Prodromos, are currently in full swing, led by the well-known residential and commercial developer BBF......
https://knews.kathimerini.com.cy/en/news/ecb-cuts-cypriot-bond-holdings-to-€6-38-billion
The value of Cypriot sovereign bonds held by the Eurosystem, as part of the Public Sector Purchases Programme (PSPP) and the Pandemic Emergency Purchases Programme (PEPP) declined to €6.38 billion......
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/local-inspectors-begin-tackling-illegal-garbage-dump-sites
The Environment Department has announced the launch of a nationwide campaign to address illegal waste dumping sites, emphasizing the need for municipal and community cooperation. The initiative, which runs until December, aims to tackle persistent issues that have recently led to fires....
https://knews.kathimerini.com.cy/en/news/cyprus-vasilikos-gas-terminal-project-fails-after-20-years
Cyprus has faced a protracted and troubled effort to introduce natural gas to its internal market for electricity generation over the past two decades. ...
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/comment/opinion/corruption-at-the-heart-of-the-cyprus-problem
Is there any doubt that corruption is a major reason why the Cyprus problem remains unresolved? A recent example is the Vasiliko case, the construction project of the ''Liquefied Natural Gas Storage and Regasification Terminal'' in Vasiliko....
https://knews.kathimerini.com.cy/en/news/cypriot-and-foreign-investors-keen-on-larnaca-s-€30m-marina-project
Transport Minister Alexis Vafeadis announced significant interest from both Cypriot and foreign investors in the development of the Larnaca marina and port....
https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-reports-€105-7m-net-profit-for-h1-2024
Eurobank Cyprus reported a net profit of €105.7 million for the first half of 2024, marking a 16% increase, or €14.9 million, compared to the same period in 2023....
https://knews.kathimerini.com.cy/en/news/greece-on-high-alert-over-possible-israeli-target-attack
The National Intelligence Service (EYP) and counterterrorism authorities in Greece are on heightened alert after receiving a warning from foreign security services about a potential attack on an Israeli interest in Greece....
https://knews.kathimerini.com.cy/en/news/larnaca-marina-gets-€30m-upgrade-port-project-postponed
The government abandoned the joint development of the Larnaca port and marina, announcing on Thursday projects estimated at over €30 million to upgrade the marina and the surrounding area, heeding the suggestions of the city’s local stakeholders....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-significant-uptick-in-new-loans
In June 2024, new loans in Cyprus substantially increased, reaching €330.6 million, up from €234.9 million in May. Data from the Central Bank of Cyprus (CBC) show that total new loans, which include both new and renegotiated contracts, climbed to €514.9 million from €391.6 million the previous month....
https://knews.kathimerini.com.cy/en/business/vasilikos-cyprus-political-figures-and-public-officials-to-be-summoned
The European Public Prosecutor's Office has launched an investigation into the construction contract of the Natural Gas Terminal (NGA) in Vasilikos, Cyprus....
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....
https://knews.kathimerini.com.cy/en/news/cyprus-seeks-solutions-for-property-buyers-in-limbo-after-court-ruling
The government is working to help property buyers who are now in a difficult situation after the Court of Appeal ruled the 2015 Real Estate Transfer and Mortgage Law unconstitutional....
https://knews.kathimerini.com.cy/en/news/city-council-revokes-honorary-title-for-us-senator-robert-menendez
The Paphos City Council has revoked the decision to award U.S. Senator Robert Menendez the title of Honorary Citizen of Paphos and the Golden Key of the City....
https://knews.kathimerini.com.cy/en/news/retired-cypriot-police-officer-wanted-in-metamax-pyramid-scheme
Authorities in Cyprus are actively seeking a 63-year-old Greek Cypriot resident of Limassol in connection with the Metamax pyramid scheme fraud, according to information obtained by our website. A warrant for his arrest has been issued....
https://knews.kathimerini.com.cy/en/business/court-detains-suspect-in-metamax-pyramid-scheme
A 54-year-old man arrested in connection with the ''pyramid'' fraud scheme known as Metamax has been ordered detained for eight days by the Limassol District Court, according to proceedings held on Saturday, July 6th. ...
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/un-report-flags-rising-tensions-in-cyprus-buffer-zone
A new UN report by Secretary-General Antonio Guterres raises serious concerns about rising tensions in Cyprus, where actions by Greek Cypriot and Turkish Cypriot forces are undermining the authority of the United Nations Peacekeeping Force in Cyprus (UNFICYP)....
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....
