https://knews.kathimerini.com.cy/en/news/record-passenger-traffic-at-cyprus-airports-in-2024
In a landmark achievement, the number of passengers passing through Larnaca and Paphos airports in the first seven months of 2024 has surged by 4.42% compared to the same period last year, setting a new record for the island....
https://knews.kathimerini.com.cy/en/news/gesy-reserve-fund-soars-to-€590-million
The General Healthcare System (GESY) reserve fund remains high at approximately €590 million, exceeding international best practices......
https://knews.kathimerini.com.cy/en/news/appointment-of-new-ceo-and-bod-in-opap-cyprus
OPAP Cyprus announces the appointment of Mr. Alexandros Davos as the company’s new CEO, as well as the appointment of a new BoD, with immediate effect....
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-slows-in-july-after-three-months-of-rising-costs
Inflation in Cyprus took a breather in July after three months of climbing prices. According to new figures released by the Cyprus Statistical Service, the cost of living went up by 2.1% in July. ...
https://knews.kathimerini.com.cy/en/news/eu-probes-vasilikos-terminal-over-misuse-of-funds
The European Public Prosecutor’s Office (EPPO) has launched an investigation into the liquefied natural gas (LNG) import terminal project in Cyprus, citing suspicions of public procurement fraud, misuse of EU funds, and corruption. ...
https://knews.kathimerini.com.cy/en/news/eu-prosecutor-probes-vasilikos-lng-project-for-fraud
The European Public Prosecutor's Office (EPPO) has launched an investigation into the Vasilikos liquefied natural gas (LNG) import terminal project in Cyprus, amid suspicions of public procurement fraud, misappropriation of EU funds, and corruption.
...
https://knews.kathimerini.com.cy/en/news/cyprus-to-decide-on-great-sea-interconnector-this-august
Important decisions concerning the Great Sea Interconnector, an electric cable linking Cyprus and Greece, are anticipated in August. ...
https://knews.kathimerini.com.cy/en/news/kyriakides-secures-eu-health-funding-for-bosnia-and-herzegovina
Commissioner for Health Stella Kyriakides signed on behalf of the European Commission an association agreement of Bosnia and Herzegovina with theEU4Health programme, according to a press release....
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/comment/opinion/biden-bows-out-what-now
After an extended period of criticism and pressure, not from opponents but from friends and supporters, which made it particularly painful, came self-awareness and, finally, the difficult decision....
https://knews.kathimerini.com.cy/en/news/cyprus-to-reopen-forestry-college-in-january-2025
The Cypriot government has approved the reopening of the Forestry College in January 2025 and the reintroduction of the "Advanced Diploma in Forestry" program......
https://knews.kathimerini.com.cy/en/news/cyprus-civil-servants-to-receive-pay-raises-after-15-year-freeze
PASYDY, the public sector union, announced its approval of a new agreement with the Ministry of Finance to grant pay raises to civil servants beginning October 1, 2024. The deal was reached during today's Joint Staff Committee meeting....
https://knews.kathimerini.com.cy/en/news/soaring-insurance-costs-push-global-shipping-rates-up-233
Global trade has faced immense pressure since last October when the war in the Near East erupted following the terrorist attack by the Palestinian group Hamas against Israel. ...
https://knews.kathimerini.com.cy/en/business/over-1-65-million-visitors-mark-a-2-4-increase-in-cyprus-tourism
Tourist arrivals in Cyprus surged past 1.65 million in the first half of 2024, marking a 2.4% increase from the previous year, according to the Statistical Service of Cyprus (CyStat). The influx of visitors in June, the start of the summer season, rose by 5.5% compared to June 2023....
https://knews.kathimerini.com.cy/en/news/russian-tech-professionals-flock-to-cyprus-despite-sanctions
A recent study by the PACE think tank has underscored the profound transformation of Cyprus' economy amid Western sanctions and the aftermath......
https://knews.kathimerini.com.cy/en/news/roberta-metsola-clinches-re-election-as-european-parliament-president
Roberta Metsola has been re-elected as President of the European Parliament for its 10th parliamentary term, securing 562 votes in the first round of voting....
https://knews.kathimerini.com.cy/en/news/study-reveals-pros-and-cons-of-great-sea-interconnector
Cyprus' Minister of Energy, Trade and Industry, George Papanastasiou, announced on Thursday that the comprehensive cost-benefit study for the Cyprus-Greece (Crete) electricity interconnection, known as the Great Sea Interconnector (GSI),...
https://knews.kathimerini.com.cy/en/news/cyprus-exports-decline-sharply-while-imports-see-a-modest-rise
Cyprus saw its trade deficit grow in May 2024, largely due to a significant drop in exports and a slight increase in imports, according to recent data from the Cyprus Statistical Service. The trade deficit for May 2024 was €693.4 million, up from €578.2 million in May 2023....
https://knews.kathimerini.com.cy/en/news/boeing-to-plead-guilty-and-pay-$243-6m-fine-in-737-max-settlement
Boeing has agreed to plead guilty to a criminal fraud conspiracy charge and pay a $243.6 million fine to settle a U.S. Justice Department probe into its involvement in two fatal crashes of the 737 MAX aircraft that resulted in the deaths of 346 people in Indonesia and Ethiopia between 2018 and 2019....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-hurdles-in-connecting-to-european-electricity-grid
A critical regional energy project aiming to connect Cyprus to the European electricity grid has hit significant roadblocks, threatening the country's bid to end its energy isolation as the last EU member-state without such a connection....
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/deputy-minister-unveils-eu-s-strategic-agenda-to-ministers
Deputy Minister for European Affairs Marilena Raouna presented on Wednesday to the members of the Council of Ministers the EU Strategic Agenda that will guide the work and priorities of the EU institutions for the next five years....
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....
https://knews.kathimerini.com.cy/en/news/cyprus-prepared-for-lebanon-conflict-fallout-says-kombos
A possible spillover of the conflict in Lebanon would have catastrophic consequences, Foreign Affairs Minister Constantinos Kombos said on Tuesday......
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/news/yet-another-extension-granted-to-cyfield-for-nicosia-motorway
The Ministry of Transport, Communications, and Works has approved yet another extension for the construction of the Nicosia peripheral motorway, pushing the completion date to mid-August 2024. ...
https://knews.kathimerini.com.cy/en/news/president-christodoulides-to-host-un-s-colin-stewart
The President of the Republic Nikos Christodoulides is set to receive on Monday afternoon at the Presidential Palace the Special Representative......
https://knews.kathimerini.com.cy/en/business/monthly-car-auction-returns-to-larnaca-featuring-bank-of-cyprus-vehicles
Car enthusiasts and bargain hunters alike will converge once again on Mosfiloti, Larnaca, as the monthly car auction resumes its cycle....
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/cyprus-ship-registry-grows-amid-global-tensions
Cyprus’ ship registry experienced an increase in ocean-going vessels in the first half of the year, reversing a two-year decline due to geopolitical tensions impacting global shipping, Deputy Minister for Shipping Marina Hadjimanolis announced....
