https://knews.kathimerini.com.cy/en/news/eu-prosecutor-probes-vasilikos-lng-project-for-fraud
The European Public Prosecutor's Office (EPPO) has launched an investigation into the Vasilikos liquefied natural gas (LNG) import terminal project in Cyprus, amid suspicions of public procurement fraud, misappropriation of EU funds, and corruption.
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https://knews.kathimerini.com.cy/en/news/cyprus-to-decide-on-great-sea-interconnector-this-august
Important decisions concerning the Great Sea Interconnector, an electric cable linking Cyprus and Greece, are anticipated in August. ...
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/news/legal-challenges-mount-over-vasilikos-terminal-abandonment
Cyprus is preparing for significant changes in its energy sector following the formal termination of the contract between the Natural Gas Infrastructure......
https://knews.kathimerini.com.cy/en/business/cyprus-faces-financial-hit-as-chinese-consortium-exits-energy-project
Following the public admission by Energy Minister George Papaconstantinou, the agreed separation between Cyprus' Natural Gas Infrastructure Company (ETYFA) and the Chinese consortium CPP-METRON Consortium Ltd (CMC Ltd) is imminent, according to a report by Apostolos Tomaras in this Sunday's printed edition of Kathimerini....
https://knews.kathimerini.com.cy/en/business/chinese-consortium-exits-vasilikos-lng-project
The Chinese CPP-METRON Consortium Ltd (CMC Ltd) is set to exit the unfinished photovoltaic (PV) terminal project in Vasilikos, according to Cyprus' Energy Minister George Papanastasiou. ...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-hurdles-in-connecting-to-european-electricity-grid
A critical regional energy project aiming to connect Cyprus to the European electricity grid has hit significant roadblocks, threatening the country's bid to end its energy isolation as the last EU member-state without such a connection....
https://knews.kathimerini.com.cy/en/news/letter-from-retired-deputy-chief-exposes-serious-issues-in-cyprus-national-guard
The recently retired deputy chief of the Cyprus National Guard, Lieutenant General Loukas Hadjimichael, has raised serious concerns about the state of the military force in a farewell letter....
https://knews.kathimerini.com.cy/en/news/feud-erupts-at-top-of-cyprus-national-guard
The National Guard of Cyprus faces a serious challenge to its military discipline following a public conflict between top officials. This marks the second such incident in six years....
https://knews.kathimerini.com.cy/en/news/athens-warns-nicosia-to-reverse-delays-in-power-grid-project
The ambitious electricity interconnection project linking Cyprus with the European power grids through Greece faces significant hurdles as tensions rise between Athens and Nicosia....
https://knews.kathimerini.com.cy/en/news/cyprus-reconsiders-defense-strategy-amidst-global-conflicts
The shifting geopolitical landscape in Europe, marked by the ongoing conflicts in Ukraine and the Israel-Hamas war, is prompting EU member states, including Cyprus...
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-cuts-migrant-arrivals-by-50-earns-european-praise
Cyprus continues to grapple with a significant migration challenge, a situation that has evolved into a complex and multifaceted issue. ...
https://knews.kathimerini.com.cy/en/news/us-investment-and-educational-opportunities-rise-in-cyprus
The recent meeting between Cypriot Foreign Minister Konstantinos Kompos and US Secretary of State Anthony Blinken has underscored the strong and growing ties between Cyprus and the United States......
https://knews.kathimerini.com.cy/en/business/ministry-probes-public-works-tenders-from-10-years-ago
A report by Apostolos Tomaras in this Sunday's Kathimerini delves into how Cyprus is grappling with significant issues in its public construction projects, like the renovation of Larnaca's port, which have faced major delays and complications....
https://knews.kathimerini.com.cy/en/news/cyprus-prepares-for-major-local-government-reform
The June 9 elections mark the final step before the significant milestone on July 1, 2024, when a new local government structure will be established in Cyprus, Apostolos Tomaras reports. ...
https://knews.kathimerini.com.cy/en/news/court-clears-the-way-for-auditor-general-s-dismissal-hearing
The unanimous decision of the Plenary of the Supreme Constitutional Court, sitting as a Council, not only dismissed the Auditor General's preliminary objection regarding the legitimacy of the Attorney General of the Republic to file a request for the dismissal of the Auditor General for misconduct but also shed light on two other institutional matters....
https://knews.kathimerini.com.cy/en/news/fti-bankruptcy-adds-to-woes-of-cyprus-tourism-sector
The recent bankruptcy of German tour operator FTI has sent ripples through the Cyprus tourism industry, highlighting both immediate concerns and long-term implications....
https://knews.kathimerini.com.cy/en/business/unpaid-debts-from-fti-touristik-bankruptcy-threaten-cyprus-hotels
The European tourism market has been jolted by the bankruptcy of FTI Touristik, a major German travel organiser. ...
https://knews.kathimerini.com.cy/en/news/dueling-visions-from-nicosia-s-mayoral-candidates
In the bustling streets of Nicosia, the race for mayoral office is heating up, with candidates Nikos Tornaritis and Charalambos Prountzos vying for the helm of Cyprus's capital city...
https://knews.kathimerini.com.cy/en/news/hearings-have-begun-in-the-auditor-general-dismissal-case
Proceedings have begun at the Supreme Constitutional Court regarding the Attorney General's application to dismiss Auditor General Odysseas Michaelides. The preliminary issue raised by Michaelides' legal team questions the constitutional authority of the Attorney General to seek such a dismissal....
https://knews.kathimerini.com.cy/en/news/government-seeks-new-investor-for-larnaca-port
After prolonged negotiations, the government has reached a resolution with the consortium tasked with revamping the port and marina of Larnaca......
https://knews.kathimerini.com.cy/en/business/contract-for-larnaca-port-and-marina-upgrade-terminated
The redevelopment contract for the port and marina of Larnaca has been officially terminated, effective immediately as of 8:30 a.m. on May 27, according to a report by Apostolos Tomaras....
https://knews.kathimerini.com.cy/en/news/vasilikos-chinese-consortium-demanding-an-additional-200-million
The meeting between Cypriot President Nicos Christodoulides and the Chinese Ambassador in Nicosia has dimmed hopes for the completion of the Vasilikos terminal project, according to a report by Apostolos Tomaras in this Sunday's print edition of Kathimerini. ...
https://knews.kathimerini.com.cy/en/news/1-cyfield-in-the-spotlight-as-trouble-brews-over-nicosia-s-mega-projects
A storm is brewing over a major project in Nicosia, as delays and ballooning costs spark concerns about fairness and oversight in public contracts, according to a report by Apostolos Tomaras....
https://knews.kathimerini.com.cy/en/news/power-play-unfolds-as-auditor-general-faces-dismissal-petition
In a tumultuous legal saga unfolding in Cyprus, Attorney General George Savvidis has filed a petition before the Supreme Constitutional Court seeking the dismissal of Auditor General Odysseus Michaelides, according to a report by Apostolos Tomaras in this Sunday's printed edition of Kathimerini....
https://knews.kathimerini.com.cy/en/news/nicosia-ring-road-faces-setbacks-delays-and-budget-overruns
The Nicosia Ring Road project, a cornerstone of infrastructure development in Cyprus, has encountered significant setbacks, including delays and budget overruns, casting a shadow over its completion prospects and anticipated benefits, according to a report by Apostolos Tomaras in Kathimerini's Sunday edition....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-migration-crisis-amid-infrastructure-strain
Cyprus is facing a mounting migration crisis as data obtained by K on Thursday reveals a surge in illegal immigrant arrivals, straining the government's resources and raising concerns about a humanitarian emergency....
https://knews.kathimerini.com.cy/en/business/lawyers-challenge-money-laundering-watchdog-in-cyprus
Establishing a system to oversee financial companies in Cyprus is proving tricky, according to an article written by Apostolos Tomaras. It all started when the US and UK slapped sanctions on Russia,...
https://knews.kathimerini.com.cy/en/news/vasilikos-fragile-peace-amidst-delays-and-disputes
According to a report by Kathimerini's Apostolos Tomaras, Energy Minister George Papanastasiou's recent meeting with a top executive of China Petroleum Pipeline Engineering Co. Ltd., the parent company overseeing the Vasilikos energy projects,...