https://knews.kathimerini.com.cy/en/news/road-to-nowhere-as-paphos-polis-project-hits-a-dead-end
The long-awaited Paphos-Polis Chrysochous road project has hit a major roadblock, with construction halted at just 21% completion and the Republic of Cyprus now facing legal challenges from the former contractor, INTRAKAT. ...
https://knews.kathimerini.com.cy/en/news/sunshine-showers-and-a-dash-of-thunder
Good morning, weather wanderers! A weak low-pressure system is dropping by for a visit, shaking things up just a tad....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-hits-new-highs-october-sets-record
Tourism in Cyprus continues to shine in 2024, with arrivals nearing 3.73 million between January and October, marking a 4.6% annual increase. This figure also slightly surpasses the same period in 2019, a record-breaking year for Cypriot tourism, showing a 0.81% rise....
https://knews.kathimerini.com.cy/en/news/chasing-clouds-a-week-of-showers-and-sunshine
A weak low-pressure system will bring partly cloudy skies and scattered showers to Cyprus today, with a possibility of isolated thunderstorms. Early in the day, rain is most likely along the western and northern coasts, while later, the mountains, inland areas, and the eastern regions may see some wet weather....
https://knews.kathimerini.com.cy/en/news/marco-rubio-s-key-role-in-u-s-cyprus-greece-relations
According to Lena Argiri of Kathimerini Greece, in early 2019, Marco Rubio, U.S. Senator from Florida, was approached by Gus Bilirakis, a fellow Republican U.S. Congressman, and members of the Greek-American lobby....
https://knews.kathimerini.com.cy/en/business/laiki-bank-liquidator-raises-€90-8-million-for-depositor-compensation
According to a report by Panayiotis Rougalas in this Sunday's Kathimerini, the liquidator of the former Laiki Bank, Avgoustinos Papathomas, has achieved a key milestone in efforts to compensate creditors, particularly depositors who lost money during the bank’s 2013 collapse....
https://knews.kathimerini.com.cy/en/news/dbrs-morningstar-cyprus-shows-strong-recovery-in-tackling-bad-loans
Cyprus is starting to see some positive shifts in its financial sector, particularly when it comes to tackling non-performing loans (NPLs) – loans that borrowers have stopped paying. ...
https://knews.kathimerini.com.cy/en/news/greece-intelligence-declassifies-reports-on-1974-coup-and-turkish-invasion
The National Intelligence Service of Greece (EYP) has released declassified documents detailing the events surrounding the 1974 Greek-led coup in Cyprus and the subsequent Turkish invasion,...
https://knews.kathimerini.com.cy/en/business/cyprus-floating-lng-unit-prometheus-finally-sets-sail-from-shanghai
After months of delays linked to the Vasilikos scandal, Cyprus' Floating Storage and Regasification Unit (FSRU) 'Prometheus' is finally set to leave Shanghai in early December. ...
https://knews.kathimerini.com.cy/en/business/bank-workers-union-sets-sights-on-big-move-in-bank-of-cyprus
Last Thursday, the Cyprus Bank Employees' Association (CBA) announced it had sold its shares in Hellenic Bank to Eurobank, but already, reports suggest ETYK, the Cyprus banking employees’ union, is eyeing its next investment....
https://knews.kathimerini.com.cy/en/comment/opinion/old-grudges-and-gilded-memories-cypriot-politics-in-reruns
Last night, I tuned into a podcast featuring the former President of Cyprus and a Twitter Space (or "X Space") with the former DISY party leader. Oh boy, both were quite the listen....
https://knews.kathimerini.com.cy/en/news/theft-on-the-rise-police-urge-vigilance
Authorities in Cyprus are warning residents to stay vigilant as reports of theft continue to rise, including a recent case involving €10,000 worth of jewelry stolen from a home in the Kofinos area....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-reports-€401-million-profit-surge
In the latest financial report, Bank of Cyprus has reported a solid profit of €401 million for the first nine months of 2024—a 15% jump from last year’s €349 million. ...
https://knews.kathimerini.com.cy/en/business/cyprus-gdp-and-living-standards-improve-but-challenges-remain
Cyprus' living standards have continued to improve, with the country's GDP per capita reaching 95% of the EU average in 2023, according to recent data from the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/comment/opinion/why-i-almost-voted-for-trump—and-why-many-americans-did
I’ve been a staunch Democrat my whole life, but as I look at the results of the latest election, I can’t say I’m entirely shocked by Trump’s success. ...
https://knews.kathimerini.com.cy/en/news/weekend-rains-bring-floods-across-cyprus-full-forecast-ahead-videos-and-pics
Intense rainfall and hailstorms on Sunday caused flooding, road closures, and damage in several regions across Cyprus, triggering emergency responses....
https://knews.kathimerini.com.cy/en/news/cyprus-average-monthly-salary-reaches-€2-250-in-2023
Cyprus saw a notable increase in average salaries in 2023. According to the latest figures from the Cyprus Statistical Service, the average gross monthly salary for employees on the island reached €2,363 in 2023, ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-cost-of-the-subsidies-is-borne-by-the-state-not-the-citizens
''I am committed to lowering electricity prices,'' Minister of Energy Mr. Papanastasiou told us when he assumed office. Since then, we’ve watched in dismay as electricity prices have steadily risen, with various justifications that no longer convince anyone....
https://knews.kathimerini.com.cy/en/news/horizon-aircraft-s-unique-shape-offers-more-room-for-passengers
As global demand for air travel grows, carbon emissions from aviation have risen faster over recent decades than those from rail, road, or maritime transportation.
...
https://knews.kathimerini.com.cy/en/news/rics-cyprus-property-price-index-with-kpmg-in-cyprus-announces-results-of-2024-q3
On behalf of KPMG in Cyprus, Christophoros Anayiotos, Board Member and Head of the Real Estate Industry Group, stated:...
https://knews.kathimerini.com.cy/en/news/cyprus-achieves-record-€4-7-billion-in-exports-continuing-years-long-growth
Minister of Energy, Commerce and Industry George Papanastasiou praised the expanding momentum in the Cypriot export activity, stressing that in 2023 exports rose by an annual 38% continuing their steady rising trend of the past years....
https://knews.kathimerini.com.cy/en/news/spain-s-king-pelted-with-eggs-amid-fury-over-flood-response-in-valencia
Spain’s King Felipe and Queen Letizia faced an angry backlash during a visit to the flood-ravaged Valencia region on Monday, where crowds hurled eggs and booed as they met with residents....
https://knews.kathimerini.com.cy/en/news/cyprus-becomes-a-key-player-in-u-s-military-strategy
Cyprus is working to strengthen its military cooperation with the United States, particularly following recent discussions between President Nicos Christodoulides and President Joe Biden....
https://knews.kathimerini.com.cy/en/news/extra-500-troops-deployed-to-spain-amid-ongoing-search-for-flood-victims
Spain intensified efforts on Friday to locate dozens still missing after deadly floods claimed 158 lives, with hopes of finding survivors dimming as rescue crews entered a third day of searching....
https://knews.kathimerini.com.cy/en/news/rising-rents-in-cyprus-causing-a-burden-for-middle-class-families
In an interesting article written by Kathimerini's Panayiotis Rougalas, the Cypriot government has launched programs aimed at addressing the country’s severe housing crisis, but high rent prices across Cyprus continue to stretch the budgets of most households, especially for middle and lower-middle-income families....
https://knews.kathimerini.com.cy/en/news/deadly-floods-in-spain-s-valencia-region-leave-95-dead-and-many-missing
Severe flooding in Spain's Valencia region has resulted in at least 95 confirmed deaths, with many individuals still unaccounted for as rescue efforts continue....
https://knews.kathimerini.com.cy/en/news/tensions-ease-in-deneia-as-turkish-troops-farmers-withdraw-amid-un-monitoring
Turkish soldiers and farmers who had gathered in the buffer zone near Deneia early Wednesday have withdrawn after blocking Greek Cypriot farmers from accessing their fields, according to local authorities.
...
https://knews.kathimerini.com.cy/en/news/north-korea-sends-10-000-troops-to-aid-russia-sparking-international-alarm
Western leaders say North Korea has sent roughly 10,000 soldiers to bolster Russia’s military campaign in Ukraine, a move Ukrainian President Volodymyr Zelenskyy says risks escalating the conflict beyond Ukrainian borders....
https://knews.kathimerini.com.cy/en/business/cyprus-faces-financial-imbalance-as-assets-fall-short-of-liabilities
As of December 2023, Cyprus' economy is navigating a complex financial landscape, with total assets in financial instruments reaching €869 billion. However, the country also faces a notable financial shortfall, with liabilities exceeding assets by about €29 billion....
https://knews.kathimerini.com.cy/en/news/increase-in-missing-minors-from-cyprus-juvenile-homes-raises-alarms
Cyprus is grappling with a steady rise in cases of minors disappearing from juvenile homes, a long-standing issue of national welfare policy....
