https://knews.kathimerini.com.cy/en/business/foreign-direct-investment-in-europe-a-game-of-two-halves-current-volatility-impacts-strategy-while-long-term-appeal-instills-confidence
Europe’s attractiveness for FDI has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, according to the latest annual EY European Attractiveness Survey....
https://knews.kathimerini.com.cy/en/news/first-ship-carrying-ukrainian-grain-leaves-odesa-port
A ship carrying grain left the Ukrainian port of Odesa for Lebanon on Monday under a safe passage agreement, Ukrainian and Turkish officials said, the first departure since the Russian invasion blocked shipping through the Black Sea five months ago....
https://knews.kathimerini.com.cy/en/news/monkeypox-vaccines-to-arrive-in-cyprus-by-the-end-of-august
The arrival of the first vaccines for monkeypox is expected around the end of August in Cyprus...
https://knews.kathimerini.com.cy/en/news/russia-sending-money-to-turkey-for-the-$20-billion-akuyo-nuclear-plant
A Russian state-owned company is transferring money to a subsidiary that’s building a $20 billion nuclear power plant on Turkey’s Mediterranean coast, alleviating concerns the project could be delayed by war sanctions....
https://knews.kathimerini.com.cy/en/news/kasoulides-we-are-once-again-at-a-critical-crossroad
We are once again at a critical crossroad as regards the Cyprus problem, Foreign Minister Ioannis Kasoulides said Friday addressing the World Conference of Overseas Cypriots that wraps up in Limassol....
https://knews.kathimerini.com.cy/en/news/cyprus-chevron-aphrodite-tactics-irk-israel
A gas field dispute between Cyprus and Israel over a tiny portion, with which the island nation hopes to buy out its neighbor, went in deep water this week after Nicosia and Chevron preannounced plans for Aphrodite despite a decade-long unresolved issue still pending between the two nations...
https://knews.kathimerini.com.cy/en/news/cyprus-requests-disbursal-of-€85-million-rrf-funds-from-ec
The European Commission announced it received on Thursday the first payment request from Cyprus under the Recovery and Resilience Facility (RRF) for the disbursement of €85 million in financial support (net of pre-financing), ...
https://knews.kathimerini.com.cy/en/news/increasing-electricity-costs-to-be-subsidized-by-the-government
A subsidy that will cover part of the increase in the price of electricity was hammered down during today's session by the Cabinet. As the Minister of Finance Constantinos Petridis stated, ...
https://knews.kathimerini.com.cy/en/news/ukraine-grain-export-coordination-center-opens-in-istanbul
Turkish Defence Minister Hulusi Akar on Wednesday unveiled a center in Istanbul to oversee the export of Ukrainian grains after a landmark U.N. deal last week, with the first shipment expected to depart from Black Sea ports within days....
https://knews.kathimerini.com.cy/en/business/cyprus-gas-discoveries-boosted-by-eu-s-shift-from-russia-supplies
The European Union’s drive to slash reliance on Russian natural gas is boosting the strategic importance of finds in Cyprus, the country’s energy minister said....
https://knews.kathimerini.com.cy/en/news/why-heat-waves-are-increasingly-hitting-europe
Record high temperatures in many Western European countries, with record highs in Britain, France, Germany and elsewhere, as well as persistent prolonged heat in the Iberian Peninsula, are the culmination of a long upward trend in Europe's summer temperatures this year....
https://knews.kathimerini.com.cy/en/business/550-employees-leave-bank-of-cyprus
The Bank of Cyprus announced the successful completion of a voluntary staff retirement plan. Through the Plan, approximately 550 employees have been approved for severance,
...
https://knews.kathimerini.com.cy/en/news/techno-parties-to-rebuild-villages-being-organized-by-young-ukrainians
In a village in northern Ukraine that was devastated by Russian occupation only months ago, a techno party is in full swing....
https://knews.kathimerini.com.cy/en/news/monkeypox-protocols-being-discussed-today
The Minister of Health, Michalis Hadjipantela, called for a meeting on Monday to take stock of the latest data, as well as Cyprus' level of preparedness in dealing with monkeypox....
https://knews.kathimerini.com.cy/en/news/lavrov-in-favor-of-overthrowing-kyiv-government-annexing-ukraine
Russian Foreign Minister Sergei Lavrov said in Egypt on Sunday that Moscow is looking to overthrow Ukraine's government, contradicting what he said in the spring while speaking of a common future between Ukrainians and Russians....
https://knews.kathimerini.com.cy/en/news/photo-blunder-throws-north-into-chaos
A photo printed on lottery tickets in the north has landed officials in the hot seat and started a political media war, after it was revealed that depicted fighters holding a Turkish flag were actually Greek Cypriot paramilitaries rejoicing after capturing a Turkish Cypriot stronghold in 1964...
https://knews.kathimerini.com.cy/en/news/ukraine-russia-set-to-sign-deal-on-resuming-grain-exports
Russian and Ukrainian officials were poised Friday to sign deals designed to clear millions of tons of desperately needed grain for export, ending a standoff brought on by the war in Ukraine that threatened food security around the globe....
https://knews.kathimerini.com.cy/en/news/germany-dims-lights-as-it-leads-europe-in-saving-energy
Summer nights in the wealthy Bavarian city of Augsburg this year are eerily dark and quiet: The facades of historic buildings are not illuminated, street lights are dimmed and most of the fountains are not operating....
https://knews.kathimerini.com.cy/en/news/cypriot-officers-fly-to-germany-to-bring-groom-back
Cypriot police officers traveled to Germany this week to pick up a marriage fraud suspect, who is believed to have fled the island where his wife was recently recognized as a trafficking victim in an ongoing criminal case...
https://knews.kathimerini.com.cy/en/news/italy-s-pm-resigns-spelling-trouble-for-europe
Italian prime minister Mario Draghi has resigned, ending a national unity government formed to tackle unpopular reforms and spelling trouble for Europe at a time of acute economic challenges....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-a-62-year-old-woman-relives-the-horrors-of-war-during-the-1974-turkish-invasion
Forty-eight years are not enough for a young girl to forget the systematic rape at the hands of Turkish soldiers, during the 1974 Turkish invasion. ...
https://knews.kathimerini.com.cy/en/news/european-nations-asked-to-immediately-start-rationing-natural-gas
To avoid energy shortages that would stall economic growth and leave households cold in the winter as Russia weaponizes its gas exports, European countries should immediately start rationing use of the fuel, the European Commission said on Wednesday, and cut their use 15 percent until next spring....
https://knews.kathimerini.com.cy/en/news/turkey-will-resume-drilling-near-cyprus-next-month
Turkey next month will resume drilling operations near the divided island of Cyprus, a top official said Wednesday, threatening to spark a new diplomatic row with the EU....
https://knews.kathimerini.com.cy/en/news/putin-will-restart-gas-pipeline-to-europe-but-with-conditions
Russian President Vladimir Putin signaled that Europe will start getting gas again through a key pipeline, but warned that unless a spat over sanctioned parts is resolved, flows will be tightly curbed....
https://knews.kathimerini.com.cy/en/news/high-winds-as-wildfire-rages-near-athens
A Greek wildfire fueled by gale-force winds raged in the mountainous region of Penteli near Athens on Tuesday, prompting authorities to order the evacuation of at least four areas and a hospital...
https://knews.kathimerini.com.cy/en/business/ey-announces-us$1b-investment-in-a-next-generation-technology-platform-to-facilitate-trust-transparency-and-transformation-through-assurance-services
EY announced an investment of more than US$1b in a next generation assurance technology platform – part of a sustained focus on providing high quality audits and responding rapidly to changing expectations from regulators, governments, standard setters, audit committees and boards. The four-year investment is enabled by a wider US$2.5b program, announced by the EY organization in September 2021....
https://knews.kathimerini.com.cy/en/news/cypriot-priest-reassigned-after-coup-faux-pas
Failure to commemorate a Greek Cypriot man killed by EOKA in 1973 lead to a local priest being reassigned this week, with the cleric saying it was an honest mistake but the relatives argue there was a sinister motive...
https://knews.kathimerini.com.cy/en/news/plot-thickens-as-greece-irked-over-antonov-crash
Athens says Belgrade and Kiev had not shared information about dangerous cargo on board a Cypriot company-owned Antonov that crashed-landed in northern Greece, with the plot thickening after recipient Bangladesh denied Serbian reports that Dhaka was expecting mines onboard the aircraft leased to a Ukrainian company...
https://knews.kathimerini.com.cy/en/business/the-enclave-live-under-dire-conditions-in-the-occupied-side
It is not an exaggeration to say that the enclaved have remained in their homeland, in the Turkish-occupied north of Cyprus, under dire conditions and are struggling on a daily basis for their survival until the day the island is freed and reunified....
https://knews.kathimerini.com.cy/en/news/rumors-fly-after-antonov-crash-in-greece
A retired intelligence officer in Cyprus says there is no way a downed Ukrainian cargo plane could have been carrying illegitimate weapons, with rumors still raging over allied weapons to Ukraine being sold on the black market while experts in Greece saying they found no evidence of dangerous substances at the crash site...