https://knews.kathimerini.com.cy/en/news/vasilikos-terminal-in-limbo-as-negotiations-hang-by-a-thread
According to Apostolos Tomaras in today's Kathimerini, four months after the Chinese consortium pulled out of the construction of the Vasilikos terminal, efforts to fill the gap are still getting started....
https://knews.kathimerini.com.cy/en/comment/opinion/behind-the-numbers-are-cyprus-s-non-performing-loans-just-a-makeup-job
Are there good makeup artists in Cyprus? Sometimes I wonder, but since I’m out of the fashion scene, I can’t say for sure. However, when I think back to the banking events of the last 15 years, then yes—at least in the banks, they exist....
https://knews.kathimerini.com.cy/en/business/disputes-delay-pafos-polis-chrysochous-motorway-project
In today's Oikonomiki, Dorita Yiannakou reports that the ongoing dispute between the Greek construction company Intrakat and the State over the Pafos-Polis Chrysochous motorway project has led to a stalled construction timeline and potential penalties. ...
https://knews.kathimerini.com.cy/en/news/bank-profits-in-crosshairs-as-tax-talks-heat-up
The future of a special tax on bank deposits paid to the state may be heading for a shift, though a final decision is not guaranteed. ...
https://knews.kathimerini.com.cy/en/business/luxury-real-estate-investment-opportunities-by-astrobank
AstroBank has listed for sale a luxury villa in Nicosia as well as other residential real estate in Nicosia, Paphos and Larnaca....
https://knews.kathimerini.com.cy/en/news/limassol-and-larnaca-set-for-greener-urban-transport
Cyprus has officially launched its Sustainable Urban Mobility Plans (SUMP) for Limassol and Larnaca, making a significant step towards the the country’s transition towards greener, more accessible urban spaces....
https://knews.kathimerini.com.cy/en/news/von-der-leyen-backs-€5-million-paphos-haemodialysis-expansion
The new Dialysis Unit at Paphos General Hospital was officially inaugurated this morning by Cyprus President Nicos Christodoulides and European Commission President Ursula von der Leyen....
https://knews.kathimerini.com.cy/en/news/pierre-gentile-assumes-role-as-un-third-member-on-missing-persons
The United Nations Development Programme (UNDP) in Cyprus, welcomes the arrival of Pierre Gentile, who assumed his responsibilities as the new UN Third Member of the Committee on Missing Persons in Cyprus....
https://knews.kathimerini.com.cy/en/news/over-1-600-domestic-violence-complaints-in-first-half-of-2024
The number of domestic violence complaints in Cyprus has steadily increased over the past five years, prompting concerns among authorities and advocates. ...
https://knews.kathimerini.com.cy/en/news/1-4-million-passengers-at-cyprus-airports
September ended on a positive note regarding passenger traffic at Larnaka and Pafos Airports, Hermes Airports says in a press release, noting that an all-time record for the month has been set....
https://knews.kathimerini.com.cy/en/news/limassol-office-costs-outpace-london-and-amsterdam
Office rental prices in Cyprus, particularly in Limassol, have exceeded those in cities like London and Amsterdam, according to major tech companies operating on the island....
https://knews.kathimerini.com.cy/en/news/cyprus-increases-funds-for-animal-welfare-groups
President Nikos Christodoulides, marking World Animal Day on Oct. 4, announced the expansion of the mandate of Environment Commissioner Dr. Antonia Theodosiou to include animal welfare.
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https://knews.kathimerini.com.cy/en/news/property-sales-in-cyprus-hit-€20-9m-in-august-limassol-leads-with-€5-4m-home
The 10 most expensive property sales across Cyprus in August totaled €20.9 million, with the highest transaction being a house in Ayios Tychonas, Limassol, sold for €5.4 million, according to data from Ask Wire....
https://knews.kathimerini.com.cy/en/news/kedipes-extends-business-plan-to-2030-for-full-repayment-of-state-aid
The Cyprus Asset Management Company (KEDIPES) has extended its business plan by three years, pushing its timeline to 2030, with the goal of fully repaying the €3.54 billion in state aid received in 2018....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-hike-mortgage-rates-as-new-loans-drop-by-a-third-in-august
Banks in Cyprus raised the interest rates on home loans in August, while reducing the interest rates offered on household deposits, according to data released by the Central Bank of Cyprus on Wednesday....
https://knews.kathimerini.com.cy/en/news/government-terminates-e-justice-contract-after-failures
A termination letter was sent today (October 2) by the relevant State Ministry, following consultations with the Legal Service, to officially end the contract for the e-justice system due to issues that arose last January. According to reports, the ministry will initiate legal action against the contractor....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-revenue-rises-to-€474-million-in-july
Tourism revenue in Cyprus grew by €19.4 million in July 2024, reaching €474.0 million, an increase of 4.3% compared to €454.6 million in July 2023, according to the results of the Passenger Survey carried out by the Statistical Service....
https://knews.kathimerini.com.cy/en/news/over-1-000-dead-one-million-displaced-as-israel-strikes-lebanon
European Union foreign ministers will hold an emergency meeting Monday night to address rising tensions in the Middle East following Israel’s airstrikes on Lebanon over the weekend and the death of Hezbollah leader Hassan Nasrallah....
https://knews.kathimerini.com.cy/en/news/four-arrested-in-connection-with-escape-of-armed-fugitive
Police have arrested four individuals in connection with the escape of 42-year-old convicted felon Doros Theofanous, known as "The Hairdresser," who fled custody on Thursday, September 26. ...
https://knews.kathimerini.com.cy/en/news/flight-delays-hit-athens-airport-amid-air-traffic-controllers-slowdown
Passengers at Athens International Airport and other regional airports in Greece are facing significant delays and cancellations due to a sudden slowdown in air traffic management....
https://knews.kathimerini.com.cy/en/news/naomi-campbell-banned-from-charity-role-for-misusing-funds
Supermodel Naomi Campbell has been banned from serving as a trustee for any charity for five years after an investigation revealed significant financial misconduct within her organization, Fashion For Relief....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-have-€28-7-billion-in-cash-and-liquidity
The amount of liquidity in Cyprus's banking system rose to €28.7 billion in August 2024, according to the Central Bank of Cyprus (CBC). This increase was fueled by a growth in deposits alongside a decline in loans....
https://knews.kathimerini.com.cy/en/business/sklaventis-cyprus-opens-new-office-in-limassol
Sklavenitis Cyprus has officially inaugurated its new four-story office building in Polemidia, Limassol, which encompasses 2,000 square meters and accommodates 170 workstations. ...
https://knews.kathimerini.com.cy/en/news/amendment-introduced-to-share-geopolitical-risks-equally-on-gsi
Late last night, Greece's Ministry of Environment and Energy introduced an important amendment that aims to share the geopolitical risks equally between Greece and Cyprus for the Great Sea Interconnector, ...
https://knews.kathimerini.com.cy/en/news/cyprus-falls-behind-on-eu-recovery-plan-meets-only-5-of-targets
In today's 'Oikonomiki', Panayiotis Rougalas reports that Cyprus has only achieved 5% of the milestones outlined in its Recovery and Resilience Plan (RRP), falling far behind other European Union countries in implementing reforms tied to the EU’s Next Generation funding program....
https://knews.kathimerini.com.cy/en/news/cypriots-flock-to-greece-and-europe-for-october-holidays
In a report by Kathimerini's Anna Polyviou, it seems that Cypriots are already planning their next leisure trips for the 1st and 28th of October, with many taking advantage of the extended weekends for short getaways abroad....
https://knews.kathimerini.com.cy/en/news/thousands-flee-southern-lebanon-amid-israeli-strikes
Thousands of civilians are fleeing southern Lebanon as intense Israeli airstrikes target Hezbollah positions, creating a mass exodus that has choked major roads leading to Beirut....
https://knews.kathimerini.com.cy/en/news/sahara-desert-turns-green-after-rare-heavy-rains
The typically dry and barren Sahara Desert is experiencing an unusual burst of greenery following heavy rainfall in early September. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shares-surge-4-6-on-first-day-back-in-athens
Bank of Cyprus shares surged on their first day of trading at the Athens Exchange, reaching €5.00, marking a notable return to the Greek financial market after seven years....
https://knews.kathimerini.com.cy/en/comment/opinion/cypriots-discuss-roadmap-to-constitutional-unity-for-a-federal-state
A bicommunal research program titled "Developing Common Ideas on Constitutional Issues," funded by the European Union, is engaging Greek Cypriots (GC) and Turkish Cypriots......
