https://knews.kathimerini.com.cy/en/news/russia-sues-europe-for-$230b-over-frozen-billions-for-ukraine
Russia has launched a major legal challenge against Europe, filing a $230 billion lawsuit against financial services firm Euroclear over Russian state assets frozen since the start of the war in Ukraine....
https://knews.kathimerini.com.cy/en/business/germany-pours-€50-billion-into-new-weapons-and-defenses
Germany is pouring an eye-watering €50 billion into new weapons, missile defenses, and combat vehicles, a move that underscores how sharply Europe’s biggest economy is rearming and how little patience there is left for delays....
https://knews.kathimerini.com.cy/en/news/€1-2-million-vanishes-in-online-scam-targeting-limassol-company
A 35-year-old owner of a company registered abroad, but with an office in Limassol, reported today to the Limassol CID that his business fell victim to an online scam, resulting in a loss of €1.2 million....
https://knews.kathimerini.com.cy/en/news/cyprus-farmers-to-strike-say-state-aid-won-t-cover-soaring-energy-costs
Farmers across Cyprus are sounding the alarm over soaring electricity costs and dwindling water supplies, warning that recent state aid will barely make a dent....
https://knews.kathimerini.com.cy/en/news/swap-your-old-ac-and-get-paid-to-upgrade
Cyprus’ Electricity Authority (EAC) is giving households, businesses, and local authorities a helping hand to cut energy bills and go green. The new “EAC+” sponsorship plan, ...
https://knews.kathimerini.com.cy/en/news/eu-rocked-by-corruption-scandal
The arrests of former EU High Representative Federica Mogherini and veteran EU technocrat Stefano Sannino on charges of public procurement fraud and corruption have sent shockwaves through European institutions,...
https://knews.kathimerini.com.cy/en/business/etyk-and-banks-seal-long-awaited-collective-agreement
“White smoke” has finally emerged after marathon negotiations between the Cyprus Union of Bank Employees (ETYK) and the country’s banks, regarding the long-pending collective agreement that has remained unresolved since late 2022....
https://knews.kathimerini.com.cy/en/news/a-dinner-that-makes-a-difference-this-holiday-season
If you’re looking for a night out that does more than fill your calendar, one that actually helps change children’s lives, mark December 12 on your diary. The Shriners Hospitals for Children are hosting a charity dinner in Nicosia, blending good food, good company, and a whole lot of heart....
https://knews.kathimerini.com.cy/en/news/byd-grabs-one-third-of-cyprus-ev-market-in-just-five-months
Cyprus’ shift to electric cars is picking up speed, with new data showing more drivers making the switch. ...
https://knews.kathimerini.com.cy/en/business/€700-million-boosts-cyprus-s-green-transition-under-thalea-2021-2027
The multiannual Cohesion Policy Program THALEA 2021-2027 serves as the backbone of Cyprus’s development strategy for the current programming period....
https://knews.kathimerini.com.cy/en/news/mps-slam-€4m-airport-photo-radar-plan
Lawmakers are sounding the alarm over a €4 million plan to expand Cyprus’ ''photo radar'' system, which automatically issues fines for traffic violations. The controversy? Parts of it, including at airports, could be running without proper legal approval....
https://knews.kathimerini.com.cy/en/news/another-day-another-scam-as-paphos-woman-loses-€6-500-online
A 71-year-old woman in Paphos reported to police that she lost about €6,500 to an online investment scam posing as a government-backed platform....
https://knews.kathimerini.com.cy/en/news/top-diplomat-mogherini-caught-up-in-alleged-corruption-scandal
A high-profile shakeup has hit the heart of Europe’s diplomatic world. Federica Mogherini, the former EU foreign policy chief and now rector of the College of Europe, has been detained by Belgian authorities as part of a widening probe into suspected fraud tied to EU-funded diplomatic training programs, according to Belgian daily Le Soir....
https://knews.kathimerini.com.cy/en/news/cyprus-prepares-new-€4-5m-electric-vehicle-subsidy-plan-to-boost-clean-driving
Cyprus is gearing up to launch a fresh plan to encourage the use of electric vehicles (EVs), with a €4.5 million budget aimed at helping drivers switch to cleaner transportation....
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-property-contracts-issued-to-deceased-owners
Cyprus lawmakers heard Tuesday that contracts for Turkish Cypriot properties have been issued to people long deceased, some of whom would be 150 years old today....
https://knews.kathimerini.com.cy/en/news/he-thought-he-d-found-the-perfect-crypto-investment-but-was-scammed-out-of-€50-000
A resident of Larnaca has reported losing €50,000 to an online investment scam, according to a statement filed with the Larnaca CID’s Financial Crime Investigation Office....
https://knews.kathimerini.com.cy/en/news/petrolina-s-longstanding-support-for-cans-for-kids
The charitable association "Cans for Kids," in the presence of Mrs. Elena Nicolaou, Head of Corporate Social Responsibility at Petrolina (Holdings) Public Limited, donated a modern LiteGait 200P gait-training system to the Larnaka General Hospital. The equipment, valued at €15,000, was purchased using funds raised through aluminium can recycling....
https://knews.kathimerini.com.cy/en/business/cyprus-scores-big-in-global-ratings
Cyprus is wrapping up the year with strong marks from the world’s big credit rating agencies, capping what officials say has been one of the economy’s best-performing years in recent memory....
https://knews.kathimerini.com.cy/en/news/man-arrested-in-limassol-over-€103-000-property-investment-dispute
A 45-year-old man was arrested in connection with an ongoing investigation into the alleged theft of €103,000 and suspected money-laundering activities. ...
https://knews.kathimerini.com.cy/en/business/wolt-loans-nearly-€2-million-to-cypriot-small-and-medium-enterprises
Wolt, the platform connecting consumers, local businesses, and delivery partners, has lent nearly €2 million to small and medium-sized enterprises (SMEs) in Cyprus.
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https://knews.kathimerini.com.cy/en/news/u-s-eyes-role-in-reviving-cyprus-greece-electricity-link
New developments suggest that U.S. investors may play a bigger role in the stalled electricity interconnection between Cyprus and Greece, known as the Great Sea Interconnector (GSI), potentially reshaping the project’s economic and geopolitical landscape....
https://knews.kathimerini.com.cy/en/news/cyprus-counts-175-000-legal-migrants-as-irregular-arrivals-plummet-89
The Republic of Cyprus now hosts more than 175,000 legally residing nationals from non-EU countries, according to figures presented this week to Parliament by the Deputy Ministry of Migration and International Protection. ...
https://knews.kathimerini.com.cy/en/comment/opinion/34-years-for-our-museum
Here at home, in the country that prides itself on its culture, we’ve been talking about our own new museum for roughly 30 years....
https://knews.kathimerini.com.cy/en/news/cyprus-at-the-center-of-international-cryptocurrency-fraud-bust
An extensive international investigation has uncovered a large-scale criminal network involved in cryptocurrency and online gambling scams, with Cyprus playing a significant role in the operation. ...
https://knews.kathimerini.com.cy/en/news/trump-backs-democrat-cuomo-over-muslim-candidate-in-nyc-mayoral-race
Election Day in New York City has turned into a political spectacle with implications far beyond the five boroughs — and the biggest surprise might just be Donald Trump himself....
https://knews.kathimerini.com.cy/en/business/cyprus-in-the-spotlight-mediterranean-pact-offers-jobs-energy-and-influence
Cyprus is positioning itself for a front‑row seat in a major new regional plan. The EU‑backed Pact for the Mediterranean, launched in mid‑October, aims to deepen cooperation across the southern shores of the Mediterranean, and Cyprus stands to gain in several concrete ways....
https://knews.kathimerini.com.cy/en/news/are-the-stars-finally-aligning-for-cyprus
A series of new developments, diplomatic chatter, quiet backroom meetings, and carefully timed statements, are fueling talk that something may finally be stirring in the long-stuck Cyprus and East Med equation....
https://knews.kathimerini.com.cy/en/news/nicosia-‘thrown-to-the-lions-says-mayor-slamming-lack-of-government-support
Nicosia Mayor Charalambos Prountzos didn’t mince words when he met with reporters last night, expressing deep disappointment over what he called a lack of real government support for the capital....
https://knews.kathimerini.com.cy/en/news/online-job-scams-spreading-fast-and-cyprus-could-be-next
At first glance, the job offers looked legitimate, openings at major companies, “remote work” possibilities, and HR emails that seemed real. But behind the scenes were scammers using sophisticated tricks to steal money or personal information....
https://knews.kathimerini.com.cy/en/business/massive-cybercrime-network-exposed-after-draining-hundreds-of-greek-bank-accounts
Authorities are unraveling what prosecutors call the nation’s most extensive cyberfraud operation, accused of siphoning funds from hundreds of online bank accounts through a sprawling network of coordinated scams....