https://knews.kathimerini.com.cy/en/news/first-student-housing-set-to-open-in-old-town-nicosia
The first student residence inside Nicosia’s walled city will open in November, offering 13 rooms as part of a larger plan to create 380 student spaces. ...
https://knews.kathimerini.com.cy/en/news/cypriot-loan-servicers-struggle-as-red-loans-hit-€21-2b
While non-performing loans (NPLs) in Cypriot banks are gradually declining, the situation remains dire for "red loans" held by loan acquisition companies, or "servicers." ...
https://knews.kathimerini.com.cy/en/news/cera-approves-€125m-for-cyprus-crete-power-link
The Cyprus Energy Regulatory Authority (CERA) has approved an annual investment recovery of €25 million for the Cyprus-Crete electricity interconnection project, also known as the Great Sea Interconnector (GSI), covering the period from January 1, 2025, to December 31, 2029....
https://knews.kathimerini.com.cy/en/news/eu-cuts-funds-to-hungary-over-unpaid-asylum-fine
The European Union has begun the process of reclaiming hundreds of millions of euros meant for Hungary after the country's government refused to pay a significant fine for violating the bloc’s asylum rules....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-water-shortage-as-dams-reach-critically-low-levels
Cyprus is facing a significant water shortage as dam levels plummet due to a severe drought and ongoing climate changes, raising concerns among national and local authorities. ...
https://knews.kathimerini.com.cy/en/business/building-permits-surge-150-in-june-amid-major-reform
Building permits issued in Cyprus saw a massive 150% jump in June 2024 compared to the same month last year, as authorities worked to clear a backlog ahead of a major reform. ...
https://knews.kathimerini.com.cy/en/news/record-sea-turtle-nests-found-on-british-base-beaches
British Bases (BB) beaches are celebrating a milestone in sea turtle conservation, with a record-breaking 382 turtle nests recorded across their sandy shores this year, according to environmental experts. The new record surpasses last year’s total of 282 nests, which was the second-highest count ever....
https://knews.kathimerini.com.cy/en/news/blinken-pushes-for-gaza-cease-fire-in-cairo
U.S. Secretary of State Antony Blinken arrived in Cairo early this morning as part of a lightning visit to Egypt, a key U.S. ally, to discuss efforts for a cease-fire between Israel and Hamas in Gaza, according to a correspondent from the French News Agency....
https://knews.kathimerini.com.cy/en/news/tourist-arrivals-hit-record-high-in-cyprus-for-august
Tourist arrivals in Cyprus reached an all-time high in August 2024, with 554,923 visitors, surpassing the previous record set in August 2019 by 0.20%, according to data released by the Cyprus Statistical Service....
https://knews.kathimerini.com.cy/en/business/luxury-properties-residential-parcels-for-sale-by-astrobank
AstroBank has listed for sale large houses, residential parcels of land in Nicosia and Paphos, as well as a commercial building in Nicosia with all the amenities....
https://knews.kathimerini.com.cy/en/news/phase-one-of-paralimni-marina-set-for-completion-by-year-s-end
The first phase of the Paralimni Marina, which will feature 300 berths, is expected to be completed by the end of the year, with the first boats arriving before the start of the next tourist season, according to Paralimni-Deryneia Mayor George Nikolettos....
https://knews.kathimerini.com.cy/en/comment/opinion/will-the-great-sea-interconnector-become-another-failed-project
The Cyprus-Greece electrical interconnection, known as the Great Sea Interconnector, has highlighted the challenges of publicly discussing such a significant project....
https://knews.kathimerini.com.cy/en/business/fitch-upgrades-hellenic-bank-s-rating
Fitch Ratings has raised Hellenic Bank’s (HB) support rating from ‘bb-’ to ‘bb’, thanks to a similar boost for Eurobank S.A., which owns a majority stake in HB. This change reflects Eurobank’s growing role and influence over HB....
https://knews.kathimerini.com.cy/en/news/cyprus-and-greece-near-deal-on-critical-electricity-interconnection-project
The upcoming visit of Cypriot President Nicos Christodoulides to Athens on Wednesday could mark the end of months of uncertainty surrounding the Cyprus-Crete electricity interconnection project, according to a report by Apostolos Tomaras in Sunday's Kathimerini....
https://knews.kathimerini.com.cy/en/news/what-makes-a-good-salary-across-europe-s-capitals
What constitutes a good salary in Europe can vary greatly depending on several factors, including profession, education, and individual expectations. ...
https://knews.kathimerini.com.cy/en/business/sales-of-locally-produced-goods-jump-13-7-in-2022
In 2022, Cyprus saw a big jump in sales from local factories, reaching €4.29 billion, up 13.7% from the previous year’s €3.78 billion, according to the Statistical Service of Cyprus (Cystat)....
https://knews.kathimerini.com.cy/en/news/cyprus-hits-record-in-residence-permits-but-sees-first-decline-in-over-a-decade
In 2023, the European Union issued a record 3.7 million first residence permits to non-EU citizens, with Cyprus issuing around 34,000 of these permits, according to Eurostat data....
https://knews.kathimerini.com.cy/en/news/larnaka-and-pafos-airports-set-record-for-passenger-traffic
The period from January to August 2024 saw the highest passenger traffic ever at Larnaka and Pafos airports, according to the Ministry of Transport, Communications, and Works....
https://knews.kathimerini.com.cy/en/business/second-quarter-first-half-2024-financial-results
AEGEAN announces its financial results for the Second Quarter and First Half of 2024.
...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-praised-for-stronger-sanctions-enforcement-by-us
US sanctions imposed on entities and individuals in Cyprus are not targeting the country, but “oligarchs and arms traders” enabling “the Kremlin war machine” to continue the war in Ukraine......
https://knews.kathimerini.com.cy/en/news/one-in-10-young-patients-victims-of-abuse
One in 10 children aged up to 3 years who arrive at the outpatient clinics of the National Health System (ESY) hospitals with injuries are victims of abuse. ...
https://knews.kathimerini.com.cy/en/news/austria-named-world-s-most-overcrowded-tourist-spot
Austria has been identified as the world's most overcrowded tourist destination, with nearly four tourists per resident....
https://knews.kathimerini.com.cy/en/news/with-cyprus-sending-electricity-to-occupied-areas-water-exchange-could-be-next
An article from the Turkish edition of the Independent raises concerns about the possibility of Greek Cypriots needing to request water from the Turkish-occupied areas in the coming years. ...
https://knews.kathimerini.com.cy/en/news/excavations-in-karavas-to-find-remains-of-turkish-invasion-victims
Excavations have begun in the ‘Pente Mili’ area of Karavas in Cyprus' occupied Kyrenia district, for locating the remains of the first victims of the Turkish invasion, approximately 40-70 people, the House Committee on Refugees, heard on Tuesday, as well as that developments were expected regarding the issue of remains that were sprayed with chemicals and could not be identified....
https://knews.kathimerini.com.cy/en/business/1-trade
Cyprus’ trade deficit dropped by 17% in the first seven months of 2024, falling to €4.31 billion compared to €5.19 billion during the same period last year, ...
https://knews.kathimerini.com.cy/en/news/eu-too-dependent-on-us-for-defense-gear-report-finds
The European Union is buying too much of its defense equipment from the United States and not investing enough in its own military projects, a new report by former Italian Prime Minister Mario Draghi warned Monday. ...
https://knews.kathimerini.com.cy/en/news/aphrodite-trail-among-top-25-in-european-public-space-awards
The Aphrodite trail in the community of Ineia, in Paphos district, has been selected among the 25 best projects for the 2024 European Prize for Urban Public Space, an announcement by the Interior Ministry says....
https://knews.kathimerini.com.cy/en/news/bounced-cheques-in-cyprus-reach-€57k-in-august
A total of 30 bounced cheques worth €57,129 were issued in August 2024, according to data published on Monday by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/greek-police-disrupt-€26-million-vat-fraud-scheme
The Financial Police Directorate has dismantled a criminal organization involved in elaborate VAT fraud schemes, leading to significant financial losses for the state....
https://knews.kathimerini.com.cy/en/news/poverty-line-for-family-of-4-in-occupied-cyprus-set-at-27-402-tl-€953
The Turkish Cypriot Civil Servants' union (KTAMS) has set the poverty line for a family of four at 27,402 Turkish liras (approximately €953), according to a recent study....
