https://knews.kathimerini.com.cy/en/news/experts-predict-few-coal-plants-to-survive-stricter-us-regulations
New climate rules imposed by Joe Biden’s administration requiring huge cuts in carbon pollution from coal-fired power plants will accelerate the decline of an industry that until recently provided most of America’s power, experts say, potentially even dealing a death blow to coal in the US....
https://knews.kathimerini.com.cy/en/news/eac-chairman-george-petrou-dives-into-energy-storage-advancements
George Petrou, the newly appointed chairman of the Electricity Authority of Cyprus (EAC), faces a daunting task as he takes the helm during a turbulent......
https://knews.kathimerini.com.cy/en/news/eu-announces-€1b-aid-package-for-lebanon-during-visit
European Commission President Ursula von der Leyen announced a substantial €1 billion support package for Lebanon, emphasizing the European Union's enduring commitment to assist the country and its people....
https://knews.kathimerini.com.cy/en/news/ursula-von-der-leyen-commends-cyprus-for-20-years-of-transformation
The President of the Republic of Cyprus, Nikos Christodoulides, emphasized the pivotal role of the European Union (EU) in fostering peace in Cyprus...
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https://knews.kathimerini.com.cy/en/business/eni-discusses-exploitation-scenarios-and-priority-solutions
ENI's discoveries in Cyprus' Exclusive Economic Zone (EEZ) and the scenarios for the exploitation of the confirmed drillings as well as the preferred solutions to efficiently meet domestic energy priorities were discussed in a meeting with the President of the Republic, Nikos Christodoulides, ...
https://knews.kathimerini.com.cy/en/business/foreign-students-welcomed-into-labor-market
Labour Minister Yiannis Panagiotou announced on Tuesday the government's decision to enhance foreign students' access to the labor market, citing its significance in the country's development planning...
https://knews.kathimerini.com.cy/en/business/cypriots-opting-for-easter-holidays-abroad
According to the Association of Cyprus Tourism Agents (ACTA), a substantial number of Cypriots are opting for Easter holidays abroad, as indicated by recent figures....
https://knews.kathimerini.com.cy/en/business/cyprus-navigates-economic-uncertainty-with-strong-economic-reserves
Cyprus is sitting pretty with a lot of cash in the bank, and it's good news for handling any economic bumps in the road. The government's stash of nearly €2.83 billion can cover a big chunk of its debts due in the next year....
https://knews.kathimerini.com.cy/en/news/from-black-sheep-to-eu-bridge
On the 20th anniversary of Cyprus' accession to the European Union, retired Ambassador Theophilos Theophilou reflects on the nation's journey from being labeled ''the black sheep'' to becoming a pivotal bridge to the Middle East....
https://knews.kathimerini.com.cy/en/news/mp-neofytou-proposes-11-000-immediate-payout-for-solidarity-fund-recipients
Democratic Rally MP Averof Neophytou has unveiled a groundbreaking initiative aimed at alleviating financial burdens for beneficiaries of the Solidarity Fund....
https://knews.kathimerini.com.cy/en/news/eu-states-to-recognize-palestinian-statehood-by-may
Several European member states are expected to recognise Palestinian statehood by the end of May, the EU’s foreign policy chief Josep Borrell said on Monday at the sidelines of a World Economic Forum special meeting in Riyadh, Saudi Arabia.
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https://knews.kathimerini.com.cy/en/news/israel-offers-hamas-40-day-ceasefire-and-prisoner-release-deal
Israel has made a significant offer to Hamas, proposing a 40-day ceasefire and the release of potentially thousands of Palestinian prisoners in exchange for freeing Israeli hostages....
https://knews.kathimerini.com.cy/en/news/eu-commission-president-affirms-support-for-cyprus
In a recent interview commemorating the 20th anniversary of the 2004 enlargement of the EU, Commission President Ursula von der Leyen spoke to Kathimerini reporter Geroger Kakouris and expressed unwavering support for Cyprus in its ongoing issues, emphasizing the EU's solidarity with the country. ...
https://knews.kathimerini.com.cy/en/news/former-central-bank-governor-reflects-on-achievements-and-future-plans
In an exclusive interview with Andreas Kimitris of Kathimerini, former Cyprus Central Bank Governor Constantinos Herodotou delved into various aspects of his tenure and the hurdles encountered during his term. ...
https://knews.kathimerini.com.cy/en/news/macron-declares-europe-is-mortal-calls-for-unity
The 27-country bloc needs to urgently rethink its defence and economic models to not fall behind its rivals, the French leader said.
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https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-sets-interest-rate-limit-at-11-42
The Central Bank of Cyprus determined the reference interest rate to be 11.42%, exercising its powers under article 314A of the Cyprus Penal Code, Cap.154, and in accordance with the provisions of the said article....
https://knews.kathimerini.com.cy/en/news/mckinsey-leaders-convene-at-green-agenda-cyprus-summit
Georgios D. Tsopelas embarked on his McKinsey journey in London back in 1994, blazing a trail that led to the establishment of the Athens office in 2000. ...
https://knews.kathimerini.com.cy/en/news/the-birth-of-bank-of-cyprus-in-1899
The narrative of the Bank of Cyprus, the venerable cornerstone of the island's financial landscape, traces its origins back to January 1, 1899. This pivotal moment heralded a new era not only for Cyprus's economy but also for its societal fabric....
https://knews.kathimerini.com.cy/en/news/cyprus-welcomes-foreign-workers-amidst-hotel-staffing-crisis
The accord forged by the Ministry of Labour alongside employer and trade union representatives to tackle workforce shortages, especially prevalent......
https://knews.kathimerini.com.cy/en/business/imported-wine-squeezes-cyprus-market
According to Kathimerini reporter, Andreas Karamitas, wine marketing in Cyprus boasts an annual turnover of approximately €7 million, a sum primarily fueled by domestic consumption rather than exports, which only account for around €1 million. ...
https://knews.kathimerini.com.cy/en/news/confusion-clouds-real-estate-policies-in-cyprus
In the current real estate landscape, confusion reigns supreme, even surpassing the realm of uncertainty, according to an op-ed written by Andreas Andreou, CEO of APS Andreou Property Strategy - Chartered Surveyors. ...
https://knews.kathimerini.com.cy/en/news/senate-approves-$95-billion-war-aid-package-for-ukraine-israel-and-taiwan
The Senate has passed $95bn (£76.2bn) in war aid to Ukraine, Israel and Taiwan after months of delays and rows - with Joe Biden set to sign the legislation later....
https://knews.kathimerini.com.cy/en/news/baltimore-turns-to-container-owners-for-ship-salvage-funds
The owner and manager of the massive container ship that took down the Francis Scott Key Bridge last month should be held fully liable for the deadly collapse, according to court papers filed Monday on behalf of Baltimore’s mayor and city council....
https://knews.kathimerini.com.cy/en/news/minister-stands-against-early-fees-for-great-sea-interconnector
Cypriot electricity consumers should not be burdened with a surcharge before the operation of the electricity interconnector linking Greece and Cyprus and the consequent reduction of electricity costs, Minister of Energy, Commerce and Industry George Papanastasiou said on Monday....
https://knews.kathimerini.com.cy/en/news/agreement-reached-on-foreign-worker-policy
In a significant development, all social partners have come to an agreement regarding the participation of foreign workers in Cyprus' labor market. Labour and Social Partners Minister Yannis Panagiotou announced the breakthrough, highlighting the importance of cooperation among stakeholders in addressing challenges facing the job market....
https://knews.kathimerini.com.cy/en/news/cyprus-ends-2023-with-€918-7-million-fiscal-surplus
Cyprus's financial report card for 2023 is in, and it's showing some positive signs. According to the Statistical Service of Cyprus, the country ended the year with a fiscal surplus of €918.7 million. That's like having extra money left over after paying all the bills....
https://knews.kathimerini.com.cy/en/news/cyprus-leads-the-charge-in-sustainable-aquaculture
The Ministerial Conference on Oceans, titled ''Our Resilient Shared Ocean: From Cyprus to Samoa,'' concluded with optimistic messages regarding the future of water resource management....
https://knews.kathimerini.com.cy/en/news/famagusta-s-tourism-success-development-struggles
Famagusta Province in Cyprus boasts the highest tourism revenue contribution nationwide, but falls short in infrastructure development and enhancement projects....
https://knews.kathimerini.com.cy/en/business/alternative-investments-and-portfolio-diversification
In contrast to traditional investments in stocks and bonds, portfolios incorporating alternative investments have historically offered higher returns, a trend that has become more prevalent in recent years. ...
https://knews.kathimerini.com.cy/en/news/less-talk-more-action
The government seems to have adopted a new strategy when it comes to addressing the growing issue of migration flows. Rather than discussing it publicly, there appears to be a preference for silence among government officials...
