https://knews.kathimerini.com.cy/en/news/kedipes-extends-business-plan-to-2030-for-full-repayment-of-state-aid
The Cyprus Asset Management Company (KEDIPES) has extended its business plan by three years, pushing its timeline to 2030, with the goal of fully repaying the €3.54 billion in state aid received in 2018....
https://knews.kathimerini.com.cy/en/news/cyprus-luxury-resort-tied-to-russia-s-$230m-magnitsky-scandal
Cypriot police are close to completing an investigation into allegations connecting a luxury resort to one of Russia’s biggest financial scandals, the Magnitsky case, according to police officials....
https://knews.kathimerini.com.cy/en/news/government-terminates-e-justice-contract-after-failures
A termination letter was sent today (October 2) by the relevant State Ministry, following consultations with the Legal Service, to officially end the contract for the e-justice system due to issues that arose last January. According to reports, the ministry will initiate legal action against the contractor....
https://knews.kathimerini.com.cy/en/news/malfy-gin-at-the-5th-cyprus-cocktail-festival
The highly anticipated Cyprus Cocktail Festival, now in its fifth year, returns for another unforgettable evening, offering exclusive signature cocktails from 20 top bars in Cyprus and abroad....
https://knews.kathimerini.com.cy/en/business/cyprus-credit-rating-upgrade-a-boon-for-investors-but-what-about-citizens
Cyprus has recently received good news from the credit rating agency Capital Intelligence (CI), which upgraded the country’s credit ratings, according to Kathimerinni's Dorita Yiannakou. ...
https://knews.kathimerini.com.cy/en/comment/opinion/does-anyone-in-this-country-ever-take-responsibility
Shortly after the Supreme Court decided to dismiss Odysseas Michaelides, while society and the political system were already beginning to polarize, the president of the coalition's Democratic Party posted pictures of his family vacation in London....
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-leader-open-to-talks-holds-firm-on-sovereignty
Turkish Cypriot leader Ersin Tatar, fresh from meetings with UN Secretary-General Antonio Guterres in New York, expressed willingness to engage in a trilateral meeting on the Cyprus issue but maintained his firm stance on sovereign equality and a two-state solution....
https://knews.kathimerini.com.cy/en/news/cyprus-braces-for-migrant-surge-as-war-in-lebanon-intensifies
A year after hostilities erupted in Israel, the conflict has now expanded to Lebanon, reigniting fears about the stability of the Middle East....
https://knews.kathimerini.com.cy/en/news/us-urges-tighter-oversight-of-cypriot-service-providers-to-combat-financial-crime
Cypriot accountants and lawyers are under pressure from U.S. authorities to align with banking standards in combating financial crime. ...
https://knews.kathimerini.com.cy/en/news/erdogan-reasserts-turkish-claims-on-cyprus-at-un
Turkish President Recep Tayyip Erdogan doubled down on Ankara's territorial claims over Cyprus during his address to the UN General Assembly, further complicating peace efforts aimed at resolving the long-standing Cyprus dispute....
https://knews.kathimerini.com.cy/en/news/israel-hezbollah-conflict-escalates-after-nasrallah-s-assassination
The conflict between Israel and Hezbollah has entered a new and uncertain phase following the death of Hezbollah’s leader, Syed Hassan Nasrallah. ...
https://knews.kathimerini.com.cy/en/news/escaped-convict-armed-and-allegedly-heading-to-columbia
Authorities in Cyprus are in an intense manhunt for 42-year-old Isovite Doros Theofanous, known as “the hairdresser,” who staged a daring escape from his parents’ home in Choletria, Paphos on Thursday, September 26. ...
https://knews.kathimerini.com.cy/en/news/cyprus-abolishes-planning-permission-for-low-risk-developments
According to a report by Kathimerini's Pavlos Neophytou, effective October 2, 2024, Cyprus will eliminate the need for planning permission for low-risk developments, such as the construction of one or two residential units. ...
https://knews.kathimerini.com.cy/en/news/killer-hairdresser-escapes-in-bold-plan-police-officers-suspended
Police are in a state of high alert after convicted murderer Doros Theofanous, infamously known as "The Hairdresser," escaped from custody on Thursday, September 26. ...
https://knews.kathimerini.com.cy/en/news/convicted-murderer-escapes-during-family-visit-in-paphos
Authorities in Cyprus are conducting a large-scale manhunt to locate 42-year-old convicted murderer Doros Theofanous, who escaped police custody Thursday during a family visit in Choletria, Paphos. ...
https://knews.kathimerini.com.cy/en/news/traffic-lights-coming-to-latsia-geri-roundabout
New traffic lights will soon be set up at the Latsion-Geriou roundabout, located near Nicosia General Hospital. This change is in response to increased traffic expected from the opening of the JUMBO store and new businesses in the area....
https://knews.kathimerini.com.cy/en/news/two-leaders-two-visions-for-cyprus
Significant developments emerged during the recent United Nations General Assembly (UNGA) as Turkish President Tayyip Erdogan reiterated his support for a two-state solution in Cyprus,...
https://knews.kathimerini.com.cy/en/news/council-of-europe-rejects-cyprus-s-human-rights-court-nominees
The Council of Europe's committee responsible for selecting judges for the European Court of Human Rights (ECHR) has recommended that Cyprus submit a new list of candidates after rejecting the current one....
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/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/cypriots-flock-to-greece-and-europe-for-october-holidays
In a report by Kathimerini's Anna Polyviou, it seems that Cypriots are already planning their next leisure trips for the 1st and 28th of October, with many taking advantage of the extended weekends for short getaways abroad....
https://knews.kathimerini.com.cy/en/news/thousands-flee-southern-lebanon-amid-israeli-strikes
Thousands of civilians are fleeing southern Lebanon as intense Israeli airstrikes target Hezbollah positions, creating a mass exodus that has choked major roads leading to Beirut....
https://knews.kathimerini.com.cy/en/news/christodoulides-ready-for-talks-anytime-anywhere
According to Kathimerini's Yiannis Ioannou, President Nicos Christodoulides expressed his readiness for a trilateral meeting with Turkish Cypriot leader Ersin Tatar and UN Secretary-General Antonio Guterres ''anytime and anywhere'' in a bid to revive stalled Cyprus reunification talks. ...
https://knews.kathimerini.com.cy/en/news/odysseas-michaelides-removed-court-cites-breach-of-public-trust
The court’s extensive ruling regarding the dismissal of Odysseas Michaelides from the role of Auditor General introduces new legal precedents concerning the public conduct of institutional figures and those tasked with serving the public interest....
https://knews.kathimerini.com.cy/en/news/tensions-flare-over-auditor-general-appointment-threat
Cyprus is facing a political storm after DIKO MP Zacharias Koulias repeated his threat to appoint a new auditor general while temporarily leading Parliament next week, ...
https://knews.kathimerini.com.cy/en/news/nicosia-roads-turned-to-rivers-as-storms-hit-the-island
A yellow warning for severe thunderstorms has been issued by The Weather Service, effective from 12:00 BST and lasting until 18:00 this afternoon....
https://knews.kathimerini.com.cy/en/news/cyprus-needs-new-strategy-to-grow-winter-tourism
According to an article written by Dorita Yiannakou in this Sunday's Kathimerini, this year has been a steady one for winter tourism in Cyprus, showing the sector’s strength despite various regional challenges....
https://knews.kathimerini.com.cy/en/news/boc-shares-open-at-4-78-on-athens-exchange-post-london-exit
The Bank of Cyprus made its debut on the Athens Stock Exchange (ASE) today, following the delisting of its shares from the London Stock Exchange (LSE).
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https://knews.kathimerini.com.cy/en/news/cypriot-loan-servicers-struggle-as-red-loans-hit-€21-2b
While non-performing loans (NPLs) in Cypriot banks are gradually declining, the situation remains dire for "red loans" held by loan acquisition companies, or "servicers." ...
https://knews.kathimerini.com.cy/en/news/germany-s-hardline-on-syrian-deportations-gives-cyprus-green-light-for-returns
In a landmark ruling, Germany’s Supreme Administrative Court in Munster has determined that some areas of Syria can now be considered "safe," despite the ongoing civil war....