https://knews.kathimerini.com.cy/en/news/public-works-enforces-€100-000-fine-for-nicosia-ring-road-delay
The Public Works Department has activated a contract clause imposing penalties on Cyfield Construction Ltd. for delays in the completion of the first phase of the Nicosia Ring Road....
https://knews.kathimerini.com.cy/en/business/cyprus-surges-in-high-speed-internet-and-tech-jobs
Cyprus is making notable progress in its digital transformation, with coverage of very high capacity networks (VHCN) reaching 77.1% in 2023, a 28.5% increase from the previous year, according to the Deputy Ministry of Research, Innovation, and Digital Policy....
https://knews.kathimerini.com.cy/en/business/cyprus-boomed-in-2022-with-more-jobs-and-better-services
Cyprus saw a widespread boost in economic activity last year, according to the latest Services and Transport Survey by Cyprus' statistical agency....
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/business/no-progress-on-cyprus-greece-electricity-interconnection-project
No progress was made on the Cyprus side's position regarding the Crete-Cyprus electricity interconnection project during yesterday's teleconference, initiated by the European Commission and involving stakeholders from Greece and Cyprus....
https://knews.kathimerini.com.cy/en/news/un-envoy-stresses-need-for-cypriot-leadership-in-reconciliation-efforts
The UN Secretary-General's Personal Envoy to Cyprus, Maria Angela Holguin Cuellar, expressed optimism for Cyprus’s future reconciliation in an open letter ahead of her report to UN Secretary-General Antonio Guterres on July 10....
https://knews.kathimerini.com.cy/en/comment/opinion/christodoulides-we-cannot-accept-the-28-migrants-in-the-buffer-zone
The President of the Republic stated, ''We cannot accept the 28 migrants in the buffer zone because we cannot allow the creation of a new migrant route.''...
https://knews.kathimerini.com.cy/en/business/cyprus-banks-receive-upgrades-signal-economic-resilience
In a series of significant upgrades for Cypriot banks, Fitch Ratings has elevated the Bank of Cyprus and Hellenic Bank's credit ratings, underscoring a positive trajectory for the country's financial sector, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini....
https://knews.kathimerini.com.cy/en/news/wolt-welcomes-historic-collective-agreement-for-delivery-drivers
Wolt has welcomed the first-ever collective agreement in the fleet management sector, marking a major step forward for the industry. This agreement, reached through the joint efforts of the Ministry of Labour, fleet management companies, and unions, is set to benefit delivery drivers, businesses, and consumers....
https://knews.kathimerini.com.cy/en/news/resolution-on-drug-shortage-issue-expected-next-week
Health Minister Michalis Damianos anticipates a solution to the ongoing drug shortage issue by early next week, he announced Friday....
https://knews.kathimerini.com.cy/en/news/greece-bucks-trend-with-six-day-workweek
Greece has introduced a six-day working week for certain businesses in an effort to increase productivity and employment, according to a report by CNBC. ...
https://knews.kathimerini.com.cy/en/news/over-250-cases-of-infant-malnutrition-reported-at-gaza-hospital
The survival rate for newborn babies in Gaza is alarmingly low. At The Kamal Adwan hospital in northern Gaza, newborns, often premature, struggle to survive in the malnutrition ward....
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/councillor-pushes-for-better-support-of-foster-children
In a heartfelt discussion on SPOR FM's "Diaspora News," Fotini Tsiridou, a Limassol Councillor for the DISY, addressed the pressing issue of support for foster children as they transition into adulthood....
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/tatar-and-stewart-confer-on-security-issues-in-cyprus-buffer-zone
The UN Secretary-General's Special Representative to Cyprus, Colin Stewart, expressed concern about the militarization of the buffer zone......
https://knews.kathimerini.com.cy/en/news/fitch-elevates-hellenic-bank-s-credit-rating
Fitch Ratings has upgraded Hellenic Bank's Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+', with stable outlook and its Viability Rating (VR) to 'bbb-' from 'bb+'.
...
https://knews.kathimerini.com.cy/en/news/is-larnaca-the-new-limassol
Larnaca is dynamically emerging as a key player in investments and major developments, making significant strides in recent years and capturing a new image....
https://knews.kathimerini.com.cy/en/news/varosha-resolution-pace-calls-for-return-to-legal-owners
The Parliamentary Assembly of the Council of Europe (PACE) on Thursday approved a resolution calling for the return of Varosha to its lawful inhabitants......
https://knews.kathimerini.com.cy/en/news/ministry-maintains-€300-fine-for-running-red-lights
On Thursday, the Minister of Transport, Communications, and Works, Alexis Vafeadis, was briefed on various legislative proposals submitted by parliamentarians....
https://knews.kathimerini.com.cy/en/business/paphos-polis-road-project-faces-uncertain-future
The long-awaited road project connecting Paphos to Polis Chrysochous, which began in May 2021, faces significant delays and potential abandonment. ...
https://knews.kathimerini.com.cy/en/news/cyprus-president-and-un-envoy-respond-to-turkish-minister-in-brussels
The President of the Republic Nikos Christodoulides confirmed that he is set to meet in Brussels with the UN Secretary General's Personal Envoy, Maria Angela Holguin Cuellar, and responded to statements made by the Turkish Foreign Minister, stressing that Cyprus is a centre of humanitarian aid and civilian evacuation operations.
...
https://knews.kathimerini.com.cy/en/news/uk-parties-to-support-cyprus-reunification-ahead-of-election
UK political parties have responded to a call by the National Federation of Cypriots in the UK to pledge their support for a free and reunified Cyprus, as stipulated in relevant UN Security Council resolutions....
https://knews.kathimerini.com.cy/en/news/philippine-foreign-secretary-strengthens-ties-in-cyprus
In a historic visit to Cyprus, Philippine Foreign Secretary Enrique A. Manalo met with Foreign Minister Constantinos Kombos to discuss strengthening bilateral relations between the two nations....
https://knews.kathimerini.com.cy/en/comment/opinion/from-academia-to-governance-cyprus-latest-deputy-minister
The establishment of Cyprus's Deputy Ministry of Immigration and International Protection coincided with a challenging period, influenced by the ongoing humanitarian crisis in neighboring Israel. ...
https://knews.kathimerini.com.cy/en/news/state-department-condemns-hezbollah-s-verbal-attack-on-cyprus
Hezbollah's verbal attack on Cyprus is ''just beyond me,'' State Department Spokesperson Matthew Miller said on Thursday....
https://knews.kathimerini.com.cy/en/news/minors-caught-with-stolen-handbag-from-larnaca-beach
Authorities in Cyprus have arrested two minors, aged 17 and 14, following reports of theft and assault against a police officer, the police said on Monday.
...
https://knews.kathimerini.com.cy/en/news/cyprus-nears-visa-free-us-travel-in-final-stages
sident of the Republic Nikos Christodoulides said Wednesday that Cyprus is at the final stage regarding joining the Visa Waiver Program thus becoming eligible for visa-free entry into the USA....
https://knews.kathimerini.com.cy/en/news/standard-poor-s-upgrades-bank-of-cyprus-rating
Standard & Poor’s (S&P) has upgraded Bank of Cyprus’ long-term issuer rating to BB+, just one notch below investment-grade status, and assigned a positive outlook. This comes shortly after the upgrade of Cyprus’ long-term rating to BBB+, also with a positive outlook....
https://knews.kathimerini.com.cy/en/news/cyprus-to-sell-1-billion-bond-after-improved-credit-ratings
The Republic of Cyprus is expediting its return to the financial markets, seeking to leverage recent credit rating upgrades by Fitch and Standard & Poor's......
