https://knews.kathimerini.com.cy/en/news/investigation-urged-as-state-contracts-lead-to-€6-4m-payout
In a recent address, Deputy Dipa Alekos Tryfonidis called attention to questionable agreements, urging an investigation into the responsible parties behind a contract resulting in a hefty 6.4 million euros compensation payout....
https://knews.kathimerini.com.cy/en/news/government-to-receive-€1-2b-for-green-transition-and-resilience-plan
Cyprus is set to receive a total of 1.2 billion euros from the Recovery and Resilience Plan (RRP). ...
https://knews.kathimerini.com.cy/en/news/electricity-subsidy-extends-to-vulnerable-consumers-until-february-s-end
With its metaphorical ''finger on the trigger,'' the Ministry of Finance is vigilantly tracking the anticipated surges in the current....
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-lawyer-akan-kursat-set-for-extradition-to-cyprus
In a recent development, Turkish Cypriot lawyer Akan Kursat, held in Rome since New Year's Eve for the alleged exploitation and sale of Greek Cypriot land in occupied Klepini, is anticipated to be transferred to Cyprus within the current week....
https://knews.kathimerini.com.cy/en/business/porsche-s-latest-taycan-surprises-with-587km-real-world-range
Initial test drives with pre-series Taycan between Los Angeles and San Diego showed that the new generation of the electric sports car has a total range of up to 587 kilometres....
https://knews.kathimerini.com.cy/en/news/cyprus-increases-surveillance-with-new-cameras
Cyprus is expanding its traffic violation control system with the activation of additional cameras across various districts....
https://knews.kathimerini.com.cy/en/news/meta-ceo-to-receive-$700m-dividend
Mark Zuckerberg, the CEO of Meta, the parent company overseeing Facebook, Instagram, and WhatsApp, anticipates an annual dividend of $700 million (£549 million), according to recent announcements....
https://knews.kathimerini.com.cy/en/news/cyprus-celebrates-completion-of-€6-6m-solar-project-in-405-schools
With a total expenditure of €6.6 million, the project to install Photovoltaic Systems in 405 school buildings in Cyprus was completed, offering significant energy......
https://knews.kathimerini.com.cy/en/news/interest-rates-extended-borrowers-face-dilemma
Last Thursday, the European Central Bank (ECB) opted to maintain interest rates, extending the uncertainty for borrowers regarding their loans and repayments....
https://knews.kathimerini.com.cy/en/news/new-cameras-turn-limassol-and-larnaca-into-big-brother-s-playground
On Monday, February 5, 2024, the traffic surveillance system is further expanded in the provinces of Limassol and Larnaca....
https://knews.kathimerini.com.cy/en/news/un-court-slams-israel-ordered-to-halt-genocide-in-gaza
In a landmark ruling, the United Nations' international court of justice has directed Israel to take immediate action to prevent acts of genocide against Palestinians in Gaza....
https://knews.kathimerini.com.cy/en/news/cyprus-secures-€20-9-million-boost-from-eu-s-recovery-fund
In a significant development, the European Commission announced a pre-financing injection of €20.9 million for Cyprus from the Recovery and Resilience Mechanism,...
https://knews.kathimerini.com.cy/en/news/over-810-000-patients-sought-primary-care-in-2023
In a recent announcement, the Health Insurance Organization (HIO) disclosed key statistics and advancements in Cyprus's healthcare system for the year 2023. ...
https://knews.kathimerini.com.cy/en/news/child-dies-in-cape-greco-migrant-rescue-operation
In a heartbreaking turn of events, one of the three children found unconscious during a large-scale rescue operation of 56 migrants off Cape Greco has passed away from cardiac arrest....
https://knews.kathimerini.com.cy/en/comment/opinion/how-state-members-earn-in-semi-governmental-boards
The monthly income for the president/member of a semi-governmental organization, derived from participating in the organization's sessions, averages around €400 to €500....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-and-ergo-germany-eye-cnp-cyprus-acquisition
Two entities are currently in discussions regarding the acquisition of CNP Cyprus Insurance Holdings, the subsidiary of the French insurance giant CNP Assurances. ...
https://knews.kathimerini.com.cy/en/business/wizz-air-soars-to-new-heights-with-71-increase-in-cypriot-passengers
In 2023, Wizz Air experienced a remarkable surge in popularity among Cypriot travelers, with a staggering 71% increase in passengers compared to the previous year, reaching a total of 2.2 million passengers, as announced by the company....
https://knews.kathimerini.com.cy/en/news/restoring-ammos-tou-kampouri-–-before-and-after-images
The Cypriot ''monument'' to the audacity surrounding the naturalization program, manifested as an environmental crime on the beach "Ammos tou Kampouri" in Ayia Napa, remains an unresolved issue that competent authorities sought to address following public outcry....
https://knews.kathimerini.com.cy/en/news/government-s-€6-6m-solar-project-powers-education-sustainably
In a significant leap towards sustainability, Cyprus has successfully concluded a €6.6 million project, installing photovoltaic systems in 405 school buildings.
...
https://knews.kathimerini.com.cy/en/news/beyond-the-comfort-zone-for-sustainable-growth
The comfort zone, an imaginary haven of safety and certainty, doesn't always foster growth....
https://knews.kathimerini.com.cy/en/news/cyprus-leads-the-eu-in-cross-border-investments
During a Parliamentary Finance Committee meeting, CySEC Chairman George Theocharides announced Cyprus's top-ranking status in providing cross-border investment services within the EU....
https://knews.kathimerini.com.cy/en/news/ministry-s-bold-steps-for-energy-renovation-unveiled
The Ministry of Energy, Commerce and Industry proceeds with the preparation of standard procedures for the announcement and implementation of energy renovation projects....
https://knews.kathimerini.com.cy/en/news/cameras-cut-road-deaths-by-18-in-two-years
The two-year operation of the photo-labeling system, initiated on 1/1/2022 with four mobile and four fixed cameras, has witnessed a remarkable success in enhancing road safety....
https://knews.kathimerini.com.cy/en/news/businesses-receive-€14-million-in-pandemic-blunder
In an inadvertent error, support payments totaling EUR 13.82 million were extended to 152 cases, failing to meet subsidy criteria under the Plan's terms and conditions. ...
https://knews.kathimerini.com.cy/en/news/eni-unearths-natural-gas-treasure-in-cyprus
ENI’s drilling in ''Cronos-2'' target in Cyprus’ exclusive economic zone (EEZ) block 6 seems to have discovered a natural gas reservoir with sources telling CNA that gas flaring was carried out yesterday....
https://knews.kathimerini.com.cy/en/business/cyprus-secures-€40m-boost-for-green-energy-storage
The Republic of Cyprus has secured €40 million from the Just Transition Fund for energy storage facilities, addressing the inflexibility of its electricity system in storing excess energy from renewables....
https://knews.kathimerini.com.cy/en/news/cyprus-backs-un-resolution-condemning-houthi-attacks-on-red-sea-shipping
The Cypriot registry seems to remain unaffected for the time being by the latest developments in the Red Sea......
https://knews.kathimerini.com.cy/en/news/cyprus-witnesses-356-bounced-cheques-yet-a-€1-7m-surge
In a recent disclosure, the Cyprus Central Bank unveiled a decrease in the issuance of uncovered checks during 2023, reporting a total of 356 compared to the previous year's 473.
...
https://knews.kathimerini.com.cy/en/news/sheikh-s-$203m-investment-brings-the-waldorf-astoria-to-greece
Abu Dhabi's Sheikh Takhoun bin Zayed Al Nayan, known for his extensive investments in Greece since 2018, is set to mark a milestone with the construction of the first ''Waldorf Astoria Hotel & Resort'' in Greece....
https://knews.kathimerini.com.cy/en/news/1-non-performing-loans-hold-steady-at-€2b-amid-rising-rates
Non-performing loans in the Cyprus banking system remained essentially unchanged at €2 billion in October 2023, marking a marginal reduction of just €2 million, in an environment of rising interest rates....