https://knews.kathimerini.com.cy/en/news/political-tug-of-war-in-nicosia-over-€25m-power-cable-payment
A brewing dispute within Cyprus’ government over the Cyprus-Crete electricity interconnection project is turning into a serious political headache just as €25 million is due for disbursement to Greece’s ADMIE, the project operator....
https://knews.kathimerini.com.cy/en/news/firestorm-in-the-palace
Cyprus President Nikos Christodoulides is under growing pressure as criticism mounts over his government’s handling of last month’s deadly fire and the political fallout it has unleashed.
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https://knews.kathimerini.com.cy/en/business/government-cuts-out-locals-in-€35m-energy-deal-ahead-of-electricity-market-opening
Just months before Cyprus opens up its electricity market to real competition, a government decision to hand a €35 million energy storage project to the state has sparked a fierce backlash from private investors, many of whom have been stuck in limbo for years....
https://knews.kathimerini.com.cy/en/business/electricity-bills-to-rise-3-starting-next-cycle
Electricity bills in Cyprus will increase by 3% beginning with the next billing cycle, Energy Minister Giorgos Papanastasiou confirmed Friday....
https://knews.kathimerini.com.cy/en/business/cyprus-considers-electricity-bill-surcharge-to-fund-€25-million-energy-project-payment
Cyprus is preparing to impose a temporary surcharge on electricity bills to fund a €25 million payment requested by Greece’s Independent Power Transmission Operator (ADMIE) for the Cyprus-Greece electricity interconnection project, energy officials told Parliament on Tuesday....
https://knews.kathimerini.com.cy/en/business/‘pegasus-1-reveals-350-meter-column-of-natural-gas
President Nikos Christodoulides was briefed Monday on a new natural gas discovery in the Republic of Cyprus’ Exclusive Economic Zone (EEZ), following a videoconference with ExxonMobil Vice President John Ardill....
https://knews.kathimerini.com.cy/en/business/cyprus-backs-young-entrepreneurs-with-€50m-boost
Cyprus is betting on young entrepreneurs to drive the country’s economic growth, with over €10 million already distributed in grants under a national plan expected to create more than 2,000 jobs by 2027....
https://knews.kathimerini.com.cy/en/news/cyprus-opens-electricity-market-to-competition-on-october-1st
Cyprus is preparing to open its long-awaited competitive electricity market, with officials hopeful the move will finally bring down energy costs for households and businesses....
https://knews.kathimerini.com.cy/en/news/government-officials-go-green-with-new-fleet-of-31-electric-cars
State officials in Cyprus will soon be driving electric, as 31 EVs are being added to the government fleet....
https://knews.kathimerini.com.cy/en/news/cyprus-to-launch-e-kalathi-digital-shopping-platform
Energy, Commerce and Industry Minister George Papanastasiou is set to announce the launch of the e-Kalathi digital platform during a press conference Wednesday....
https://knews.kathimerini.com.cy/en/news/despite-presidential-pleas-cyprus-electricity-bills-set-to-rise-again
Despite the president’s intervention, the Cyprus Electricity Authority (ΑΗΚ) has gotten its way once again, and consumers are set to face higher electricity bills....
https://knews.kathimerini.com.cy/en/news/green-agenda-cyprus-summit-2025-paving-the-way-for-a-greener-future
As part of Cyprus’ ongoing effort toward a successful Green Transition, and with the broader goal of becoming a model for eco-friendly living and sustainable development, the Green Agenda Cyprus Summit was held for the second consecutive year, drawing strong participation and praise....
https://knews.kathimerini.com.cy/en/business/cypriots-eye-business-opportunities-but-fear-of-failure-still-looms
A growing number of Cypriots believe the island is ripe for starting a business—but fear of failure is still holding many back, according to the National Report on Entrepreneurship in Cyprus 2023/2024, released Tuesday by the Centre for Entrepreneurship at the University of Cyprus....
https://knews.kathimerini.com.cy/en/news/paying-your-electricity-bill-just-got-easier-even-in-remote-areas
Paying your electricity bill in Cyprus is about to get a whole lot easier, especially for the elderly, people in remote areas, and anyone who prefers the traditional way of doing things....
https://knews.kathimerini.com.cy/en/news/giorgos-papanastasiou-fanos-karantonis-michalis-sophocleous-at-green-agenda-cyprus-summit
The 2025 Green Agenda Cyprus Summit will take place on May 19, 2025, at the Hilton Nicosia, bringing together key leaders, policy makers, and industry experts in support of Cyprus' bold national vision for a greener future....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-spends-millions-on-traffic-cameras-forgets-to-add-timers
In Cyprus, we seem to have mastered the fine art of spending taxpayer money, even if it’s not exactly for things we need. Case in point: the 36 million euros spent on our photo-identification traffic camera system, which, it turns out, doesn’t have a simple feature—timers on traffic lights....
https://knews.kathimerini.com.cy/en/comment/opinion/from-panels-for-everyone-to-blackouts-for-all-how-did-we-manage-to-mess-this-up
The whole solar panel initiative could have been—let’s be honest—one of the few success stories of the government.
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https://knews.kathimerini.com.cy/en/news/cyprus-faces-uncertain-future-as-electricity-link-with-greece-stalls
The ambitious Great Sea Interconnector project, aimed at linking the electricity grids of Greece and Cyprus through an underwater cable, has been indefinitely suspended due to geopolitical tensions and financial uncertainties. ...
https://knews.kathimerini.com.cy/en/comment/opinion/too-much-sun-too-much-wind-too-little-strategy
If there's too much sun, we face energy problems because the solar panels collect more energy than we can store. If it's too cold, we face problems because the system can't handle the increased demand for heating....
https://knews.kathimerini.com.cy/en/business/vasilikos-project-needs-another-€200-million—will-it-ever-be-finished
The ambitious Vasilikos gas terminal project in Cyprus is facing significant financial and logistical hurdles, with an additional €200 million needed to complete construction. ...
https://knews.kathimerini.com.cy/en/news/cyprus-strikes-energy-deals-but-‘aphrodite-gas-delayed-until-2031
Last Friday marked the conclusion of long-running negotiations between the Republic of Cyprus and the consortium developing the Aphrodite gas field, led by U.S. energy giant Chevron. ...
https://knews.kathimerini.com.cy/en/news/cyprus-and-egypt-join-forces-on-major-energy-projects
The Christodoulides administration places great strategic importance—both in terms of energy and geopolitics—on the President’s visit to Egypt....
https://knews.kathimerini.com.cy/en/news/€8-million-and-counting-as-crete-cyprus-interconnector-delays-pile-up
The long-awaited electricity interconnection between Crete and Cyprus is facing mounting financial pressure, with delays already adding at least €8 million in extra costs....
https://knews.kathimerini.com.cy/en/business/cyprus-energy-landscape-shifts-as-eni-total-and-kogas-withdraw-from-blocks
The energy landscape of Cyprus' exclusive economic zone (EEZ) is set for a major shift as the French-Italian-Korean consortium of Total, ENI, and Kogas prepares to exit Blocks 2, 3, and 9 at the end of January....
https://knews.kathimerini.com.cy/en/news/cyprus-ends-gas-exploration-in-blocks-2-3-and-9-after-unsuccessful-results
The exploitation licences in blocks 2, 3 and 9 of the Cyprus Exclusive Economic Zone (EEZ) have expired and have not been renewed, as the exploration did not show exploitable natural gas deposits, Minister of Energy, Trade and Industry George Papanastasiou confirmed to the Cyprus News Agency (CYPE)....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-justice-system-meets-police-academy
Former Justice Minister Nikos Kosis likened recent prisoner escapes to a slapstick comedy featuring Thanasis Veggos, the beloved Greek comedian. ...
https://knews.kathimerini.com.cy/en/business/cyprus-aims-for-cheaper-electricity-with-competitive-market-by-2025
The government is ramping up efforts to bring down electricity costs for households and businesses by July 2025 through the introduction of a competitive electricity market, Energy Minister George Papanastasiou announced on Tuesday. ...
https://knews.kathimerini.com.cy/en/comment/opinion/from-cats-to-cable-cars-holiday-highlights-with-a-dose-of-sass
Two holiday snapshots stood out among the many posted during the festive season. In one, former President Nicos Anastasiades proudly poses with the ever-smiling Elias Psinakis....
https://knews.kathimerini.com.cy/en/news/prometheas-anchored-in-malaysia-for-inspections
The LNG tanker ETYFA-Prometheas is currently stationed in the Malacca Strait, Malaysia, undergoing technical inspections, according to Energy Minister George Papanastasiou....
https://knews.kathimerini.com.cy/en/news/exxonmobil-to-begin-drilling-in-cyprus-eez-in-january-2025
ExxonMobil’s drilling rig is set to begin operations in Cyprus’ Exclusive Economic Zone (EEZ) in mid-January 2025, according to Energy Minister George Papanastasiou. The rig will target the "Electra" site in Block 5, with the drilling process expected to last approximately one month....
