https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-reports-€401-million-profit-surge
In the latest financial report, Bank of Cyprus has reported a solid profit of €401 million for the first nine months of 2024—a 15% jump from last year’s €349 million. ...
https://knews.kathimerini.com.cy/en/news/cyprus-police-enhance-financial-crime-fighting-with-fbi-training
Cyprus police are receiving specialized training to tackle financial crimes, including money laundering and sanctions evasion, with significant assistance from the U.S. Federal Bureau of Investigation (FBI)....
https://knews.kathimerini.com.cy/en/news/eu-probes-€101-million-grant-in-vasilikos-project-and-cyprus-officials-role
The European Public Prosecutor's Office (EPPO) investigation into potential misconduct involving Cyprus's Vasilikos liquefied natural gas (LNG) terminal project, which received €101 million in EU funds, is advancing and is now in a critical phase, according to a report by APostolos Tomaras....
https://knews.kathimerini.com.cy/en/news/staff-shortages-stall-local-government-reform-in-cyprus
According to Kathimerini's Pavlos Neophytou, the implementation of Local Government Reform in Cyprus faces critical staffing and operational challenges, especially in development licensing within Provincial Local Authorities (PLAs). ...
https://knews.kathimerini.com.cy/en/news/trump-s-bold-day-one-agenda-immigration-gender-policies-and-foreign-relations
President-elect Donald Trump has set an ambitious agenda for his first day in office, outlining policy goals on issues from immigration to energy and international relations. ...
https://knews.kathimerini.com.cy/en/news/transport-ministry-inaugurates-new-motorway-that-will-ease-traffic
According to Kathimerini's Dorita Yiannakou, Cyprus marked a milestone in its transportation network Tuesday with the inauguration of the Nicosia peripheral motorway’s first phase, a project intended to ease congestion, enhance safety, and facilitate trade across the island....
https://knews.kathimerini.com.cy/en/news/first-affordable-housing-block-for-refugees-in-cyprus-to-be-ready-in-20-months
In 20 months, the first apartment building under the government’s "KtiZO" Plan in the Apostolos Andreas Housing Settlement in Latsia will be completed....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-new-€50-million-plan-to-boost-birth-rate
Cyprus is rolling out a new set of measures worth over €50 million to tackle its shrinking birth rate, President Nikos Christodoulides announced on Monday....
https://knews.kathimerini.com.cy/en/news/ai-holds-key-to-curing-social-ills-inequality
Artificial intelligence has the potential to eliminate diseases, lift billions out of poverty, combat depression, and tackle social issues....
https://knews.kathimerini.com.cy/en/news/1-zelenskyy-s-make-russia-small-again-t-shirt-sparks-kremlin-fury
Ukrainian President Volodymyr Zelenskyy stirred up strong reactions from Moscow after wearing a T-shirt with the bold slogan, ''Make Russia small again,'' during his nightly address on Wednesday. ...
https://knews.kathimerini.com.cy/en/news/us-ambassador-celebrates-new-digital-platform-for-cypriot-youth
The U.S. Ambassador to Cyprus has voiced strong support for a newly launched digital platform, Cyprus Digital Heritage, aimed at bringing young people closer to the island's rich history and cultural legacy. ...
https://knews.kathimerini.com.cy/en/news/cyprus-eu-nominee-under-fire-for-waste-management-scandal
Costas Kadis, Cyprus' nominee for EU Commissioner for Fisheries and Oceans, is facing criticism over his handling of a controversial waste management scandal ahead of his November 6 hearing before the European Parliament's Fisheries Committee....
https://knews.kathimerini.com.cy/en/business/cyprus-investment-funds-grow-to-€9-4-billion-in-2024
Investment companies in Cyprus collectively manage assets worth €9.4 billion, with the amount growing by about 2.9% in the second quarter of 2024 but still below last year's figures....
https://knews.kathimerini.com.cy/en/news/cyprus-to-launch-first-homegrown-satellite-by-2026
Cyprus is making strides in space technology as the Cyprus Space Research and Innovation Centre (C-SpaRC) prepares to unveil its first satellite, set for launch in 2026. ...
https://knews.kathimerini.com.cy/en/news/how-cypriot-startups-are-disrupting-healthcare-air-quality-and-mixed-reality
Aspiring entrepreneurs are being urged to dare with passion, partner wisely, and prepare for hard work and endless challenges. ...
https://knews.kathimerini.com.cy/en/business/cypriot-startups-inspire-with-innovative-solutions
Aspiring entrepreneurs in Cyprus are being urged to pursue their dreams with passion and determination, thanks to the success stories of local business startups, according to Dorita Yiannakou in this Sunday's Kathimerini. ...
https://knews.kathimerini.com.cy/en/news/ecb-to-review-akel-s-proposed-bank-tax-amid-financial-concerns
The European Central Bank (ECB) is set to evaluate a proposed "windfall tax" on banks, commonly associated with the leftist political party AKEL, in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/vasilikos-new-systems-feed-3m-fish-at-once
Cypriot officials inaugurated two innovative floating fish feeding systems, marking a significant step forward for the country's aquaculture industry. Minister of Agriculture, Rural Development and Environment......
https://knews.kathimerini.com.cy/en/news/cyprus-dirty-waste-secret-haunts-ex-minister-eyeing-eu-job
A waste management scandal in Cyprus is casting a shadow over former environment minister Costas Kadis, just as he seeks a prominent position in the European Union....
https://knews.kathimerini.com.cy/en/news/education-ministry-expands-security-guard-program-to-all-high-schools
The Government has decided to place security guards in all high schools across the country, Education Minister Athena Michaelidou announced today....
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/first-lady-returns-to-foreign-affairs-duties-amid-allowance-controversy
First Lady Philippa Karsera-Christodoulides is set to return to her position at the Ministry of Foreign Affairs following the expiration of her unpaid leave granted after her husband, Nikos Christodoulides, was elected President of the Republic. ...
https://knews.kathimerini.com.cy/en/news/cyprus-credit-rating-upgraded-due-to-strong-economy-and-lower-debt
Rating Agency Capital Intelligence Ratings (CI) has upgraded Cyprus’ Long-Term Foreign Currency Rating (LT FCR) and Short-Term FCR (ST FCR) to ‘BBB’ and ‘A2’, respectively, from ‘BBB-’ and ‘A3’, maintaining a positive outlook....
https://knews.kathimerini.com.cy/en/news/amendment-introduced-to-share-geopolitical-risks-equally-on-gsi
Late last night, Greece's Ministry of Environment and Energy introduced an important amendment that aims to share the geopolitical risks equally between Greece and Cyprus for the Great Sea Interconnector, ...
https://knews.kathimerini.com.cy/en/news/cyprus-falls-behind-on-eu-recovery-plan-meets-only-5-of-targets
In today's 'Oikonomiki', Panayiotis Rougalas reports that Cyprus has only achieved 5% of the milestones outlined in its Recovery and Resilience Plan (RRP), falling far behind other European Union countries in implementing reforms tied to the EU’s Next Generation funding program....
https://knews.kathimerini.com.cy/en/news/eu-cuts-funds-to-hungary-over-unpaid-asylum-fine
The European Union has begun the process of reclaiming hundreds of millions of euros meant for Hungary after the country's government refused to pay a significant fine for violating the bloc’s asylum rules....
https://knews.kathimerini.com.cy/en/news/cabinet-approves-€25m-funding-for-electricity-cable-project-over-5-years
Cypriot President Nicos Christodoulides will travel to Athens following a positive decision regarding the electricity cable project. On Thursday, he is scheduled to hold a private meeting with Greek Prime Minister Kyriakos Mitsotakis....
https://knews.kathimerini.com.cy/en/news/cyprus-secures-majority-of-eu-funds-with-minor-tax-reform-pending
The European Commission has given Cyprus the green light for most of its request for €152 million in funding as part of the EU’s Recovery and Resilience plan, which aims to boost economies after the pandemic. Out of 38 goals Cyprus needed to meet, 37 were approved....
https://knews.kathimerini.com.cy/en/comment/opinion/will-the-great-sea-interconnector-become-another-failed-project
The Cyprus-Greece electrical interconnection, known as the Great Sea Interconnector, has highlighted the challenges of publicly discussing such a significant project....
https://knews.kathimerini.com.cy/en/news/cyprus-and-greece-near-deal-on-critical-electricity-interconnection-project
The upcoming visit of Cypriot President Nicos Christodoulides to Athens on Wednesday could mark the end of months of uncertainty surrounding the Cyprus-Crete electricity interconnection project, according to a report by Apostolos Tomaras in Sunday's Kathimerini....
