https://knews.kathimerini.com.cy/en/news/russian-oil-payments-delayed-amid-sanctions-scrutiny
Russian oil companies are facing significant delays in receiving payments for crude and fuel as banks in China, Turkey, and the United Arab Emirates (UAE) exercise increased caution over potential U.S. secondary sanctions, according to eight sources familiar with the matter....
https://knews.kathimerini.com.cy/en/news/finance-ministry-to-shield-vulnerable-homes-from-price-hikes
The forthcoming measures are set to target specific areas, not just spread thinly across the board, in the fight against rising prices....
https://knews.kathimerini.com.cy/en/news/cyprus-grapples-with-€80-million-surge-in-state-budget-deficit-for-2023
The state budget deficit for 2023 increased by €80 million compared to the deficit recorded in 2022, according to the Fiscal Report of the Republic of Cyprus for 2023, submitted to the House of Representatives....
https://knews.kathimerini.com.cy/en/news/seal-of-approval-limassol-s-adorable-mascot-captivates-hearts
The story of Mr. Poseidon, as the seal is affectionately known, highlights a crucial aspect: the intricate relationship between the coastal economy and the marine ecosystem....
https://knews.kathimerini.com.cy/en/news/occupied-territories-are-a-black-hole-for-illicit-funds
The recent update to the US-UK sanctions list, active since last April and aimed at Russia, continues to scrutinize Cypriot-based entities suspected of violating the Russian embargo. ...
https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation
International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks.
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https://knews.kathimerini.com.cy/en/news/labor-minister-discusses-cost-of-living-allowance-for-cyprus
In an interview with Oriana Papantoniou, Minister of Labor and Social Insurance Yiannis Panayiotou highlighted the significant strides made during his first year in office, emphasizing a people-centric approach to governance. ...
https://knews.kathimerini.com.cy/en/news/chinese-ambassador-stresses-cooperation-for-vasiliko-lng-success
The main body of the Vassiliko LNG project could be completed at the end of 2024 or early in 2025, as long as various parties can truly work together with......
https://knews.kathimerini.com.cy/en/comment/opinion/with-the-cross-in-one-hand-and-the-staff-in-the-other
The Church of Cyprus has weathered many storms throughout its long history, often paying a heavy price to maintain the cohesion of its flock. ...
https://knews.kathimerini.com.cy/en/business/prices-on-the-rise
The Consumer Protection Agency has released its latest report on product prices for February 2024, focusing on 250 key consumer items sold across 400 stores nationwide. ...
https://knews.kathimerini.com.cy/en/news/ankara-calls-for-recognition-of-turkish-cypriot-rights
ISTANBUL – TURKEY'S FIRM STANCE ON CYPRUS: Turkish Vice President, Cevdet Yilmaz, made a bold statement regarding Turkey's position on Cyprus......
https://knews.kathimerini.com.cy/en/business/responsible-today-sustainable-tomorrow-lidl-cyprus-with-an-eye-on-cyprus-of-the-future
An event dedicated to its vision for a sustainable tomorrow was held by Lidl Cyprus at the premises of the Lidl Food Academy in the centre of Nicosia on Thursday 21 March 2023, in the presence of the honourable Minister of Energy, Trade and Industry, Mr. Giorgos Papanastasiou, as well as other institutional body representatives and partners of the company, as well as representatives of the media. ...
https://knews.kathimerini.com.cy/en/news/efforts-underway-to-preserve-native-cypriot-cattle-breed
A collaborative effort among Cypriot stakeholders aims to revitalize the dwindling population of the native Cypriot cattle breed, which has faced endangerment since the mechanization of agriculture post-1960....
https://knews.kathimerini.com.cy/en/business/$4-25m-per-dose-to-cure-rare-genetic-disease-in-children
The recent approval of Lenmeldy, a gene therapy designed to combat the fatal genetic disorder metachromatic leukodystrophy (MLD), has made headlines as it comes with a staggering price tag of $4.25 million per treatment. ...
https://knews.kathimerini.com.cy/en/business/greek-and-cypriot-banks-forge-partnerships-for-regional-infrastructure-projects
The Cypriot banking sector is poised to support significant projects with regional geopolitical implications....
https://knews.kathimerini.com.cy/en/news/cabinet-allocates-€11-7m-for-training-and-job-opportunities
The cabinet greenlit two initiatives on Wednesday aimed at bolstering employment and training opportunities for 1,265 individuals who are currently unemployed....
https://knews.kathimerini.com.cy/en/business/another-record-year-for-cablenet
For yet another year, Cablenet has achieved double-digit revenue growth. Specifically, in 2023, it reached €74.3 million compared to €63.9 million in 2022...
https://knews.kathimerini.com.cy/en/news/usa-house-votes-on-bill-to-ban-tiktok-over-national-security-worries
The House of Representatives passed a bill on Wednesday aiming to initiate a nationwide ban on the widely popular video app TikTok, unless its China-based owner sells the platform. ...
https://knews.kathimerini.com.cy/en/news/cyprus-paves-the-way-in-its-ambitious-road-infrastructure-agenda
In an exclusive interview with Maria Eracleous of ''K,'' Eleftherios Eleftheriou, Director of Cyprus's Public Works Department, provided updates on critical infrastructure projects across the island nation....
https://knews.kathimerini.com.cy/en/news/australia-and-cyprus-embrace-renewable-energy-collaboration
In a recent interview with GOLD magazine, Fiona McKergow, the Australian High Commissioner to Cyprus, sheds light on the burgeoning connections between the two nations....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-stands-firm-on-peace-plan
President Nikos Christodoulides vowed that he will not put before the citizens a peace plan for the Cyprus issue with which he does not agree and expressed once again his readiness to enter into reunification talks based on the agreed framework.
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https://knews.kathimerini.com.cy/en/news/president-christodoulides-candid-year-one-address
In a televised address marking the completion of his first year in office, President Nikos Christodoulides highlighted the achievements and priorities of his administration. Emphasizing transparency and accountability, the President outlined the following key areas of focus:...
https://knews.kathimerini.com.cy/en/news/interior-minister-calls-for-urgent-refugee-return-evaluation
Minister for the Interior Constantinos Ioannou raised the need to review the status of Syria as a safe or not destination for the purposes of returning of refugees and migrants, during his intervention at the Justice and Home Affairs Council of the EU, according to a press release....
https://knews.kathimerini.com.cy/en/news/how-to-apply-for-the-photovoltaic-project-for-your-home
The Greek Ministry of Energy has launched Category A3 of the grants scheme to promote the use of Renewable Energy Sources (RES) and Combined Heat and Power (CHP) systems in residential buildings for 2024-2025.
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https://knews.kathimerini.com.cy/en/business/the-€623-million-windfall-from-cyprus-shipping-industry
Kathimerini reporter Andreas Karamitas dives into the heartbeat of Cyprus' economy - the shipping industry. In a revealing exploration, discover how this vital sector pumped a staggering €623 million into the real economy solely through ship management in 2023. ...
https://knews.kathimerini.com.cy/en/news/eu-mulls-tax-breaks-for-islands-nations-on-aviation-fuel
European Union nations are in talks to grant exemptions for a proposed EU-wide tax on aviation fuel, particularly favoring islands. A draft document from Belgium,...
https://knews.kathimerini.com.cy/en/comment/opinion/why-marriage-shouldn-t-be-the-answer-to-€2b-loans
In 2023, Cyprus secured a substantial loan totaling €2.02 billion from the Bank of Cyprus, earmarking €510 million specifically for housing initiatives. ...
https://knews.kathimerini.com.cy/en/news/government-celebrates-approval-of-migration-deputy-ministry-bill
''Today is a milestone for our country'' said the Minister of the Interior, Constantinos Ioannou, on Thursday, welcoming the approval of the bill......
https://knews.kathimerini.com.cy/en/news/cyprus-president-s-first-visit-to-netherlands-in-34-years
President of Cyprus Nikos Christodoulides and Dutch Prime Minister Mark Rutte reaffirmed the robust bilateral ties between their nations during a pivotal meeting held in The Hague on Wednesday. ...
https://knews.kathimerini.com.cy/en/life/dimitra-explains-what-it-s-like-to-be-a-bee-mama
Dimitra Zakynthinos is a resident of central Athens and has a very particular approach to issues concerning the environment and our transition to the green era. ...