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12° Nicosia,
13 April, 2026
 

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Displaying results 1-30 of 175 matches for query billions.

1. €150m controversy: HIO denies wrongdoing, says funds were never at risk

https://knews.kathimerini.com.cy/en/news/€150m-controversy-hio-denies-wrongdoing-says-funds-were-never-at-risk

Cyprus’ Health Insurance Organization (HIO) is rejecting allegations of mismanagement and double payments within the national health system, insisting that the finances of the GeSY health fund remain fully protected despite reports suggesting otherwise....

2. US to pay nearly $1 billion to kill wind project just as oil prices skyrocket

https://knews.kathimerini.com.cy/en/news/us-to-pay-nearly-$1-billion-to-kill-wind-project-just-as-oil-prices-skyrocket

In an almost too ironic twist, the Trump administration announced it will pay French energy giant TotalEnergies nearly $1 billion to scrap plans for offshore wind farms on the US East Coast, just as global oil and gas prices spike due to the conflict in Iran....

3. OnlyFans owner Leonid Radvinsky dies at 43 after cancer battle

https://knews.kathimerini.com.cy/en/business/onlyfans-owner-leonid-radvinsky-dies-at-43-after-cancer-battle

Leonid Radvinsky, the billionaire owner of the adult content platform OnlyFans, has died after a long battle with cancer, the company announced Monday. He was 43....

4. Nicosia tells Europe: cities know what people actually need

https://knews.kathimerini.com.cy/en/news/nicosia-tells-europe-cities-know-what-people-actually-need

Ever wondered who actually fixes the potholes, deals with housing shortages, or scrambles during a heatwave? City halls do. And this week, Europe’s capital city mayors came together to remind Brussels of exactly that....

5. Billions in gas, years of waiting, Americans back on

https://knews.kathimerini.com.cy/en/news/billions-in-gas-years-of-waiting-americans-back-on

2026 is shaping up as a pivotal year for the Republic of Cyprus’ energy program, with developments related both to hydrocarbon deposits in Cyprus’ Exclusive Economic Zone (EEZ) and to the broader energy picture in the Eastern Mediterranean beginning to take concrete shape as planning moves forward....

6. EU warns TikTok is designed to be addictive, and that could be illegal

https://knews.kathimerini.com.cy/en/news/eu-warns-tiktok-is-designed-to-be-addictive-and-that-could-be-illegal

The European Union is taking aim at the way TikTok is built, warning that the app’s design appears to push users into compulsive scrolling and may violate EU law....

7. After 25 years, EU moves ahead with massive South America trade deal

https://knews.kathimerini.com.cy/en/news/after-25-years-eu-moves-ahead-with-massive-south-america-trade-deal

After 25 years of tough, stop-and-go negotiations, EU countries on Friday moved closer to sealing a massive trade deal with South America, an agreement that could reshape markets for Cypriot farmers, food producers, and exporters....

8. EU backs €90B Ukraine loan but won’t touch frozen Russian billions...yet

https://knews.kathimerini.com.cy/en/news/eu-backs-€90b-ukraine-loan-but-won-t-touch-frozen-russian-billions-yet

After nearly six hours of intense talks and many more behind the scenes, EU leaders walked away from a plan that sounded simple but proved legally explosive: using frozen Russian money to pay for Ukraine’s war effort....

9. Russia sues Europe for $230B over frozen billions for Ukraine

https://knews.kathimerini.com.cy/en/news/russia-sues-europe-for-$230b-over-frozen-billions-for-ukraine

Russia has launched a major legal challenge against Europe, filing a $230 billion lawsuit against financial services firm Euroclear over Russian state assets frozen since the start of the war in Ukraine....

10. Europe could enter 2028 without a budget, Cyprus steps in

https://knews.kathimerini.com.cy/en/news/europe-could-enter-2028-without-a-budget-cyprus-steps-in

Europe risks entering 2028 without an agreed budget, putting billions of euros for farming, defense, innovation, and support for Ukraine in jeopardy. ...

11. U.S. now penniless after more than 230 years

https://knews.kathimerini.com.cy/en/business/u-s-now-penniless-after-more-than-230-years

America’s penny has officially punched out. After 230 years of jingling in pockets, collecting dust in jars, and costing more to make than it’s worth, the 1-cent coin is out of production....

12. Two states, one federation… and a suitcase of lies

https://knews.kathimerini.com.cy/en/comment/opinion/two-states-one-federation…-and-a-suitcase-of-lies

The president seems a little on edge after Erhurman’s election. He insists, as always, that everyone will be judged at the negotiating table. Whether that should worry us, I’m not sure....

13. Prison CEOs and billion-Euro blunders

https://knews.kathimerini.com.cy/en/comment/opinion/prison-ceos-and-billion-euro-blunders

We’re the only country where prisoners run legitimate business ventures, and we even pay guards to watch over them and give extra ''security'' for their little enterprises. ...

14. Graham Fink on the Future of Creativity: ''AI isn’t a tool, it’s a collaborator''

https://knews.kathimerini.com.cy/en/news/graham-fink-on-the-future-of-creativity-ai-isn-t-a-tool-it-s-a-collaborator

British creative director and visual artist Graham Fink offered a thought-provoking look at creativity in the age of artificial intelligence during his talk at the 8th Annual Digital Agenda Summit in Nicosia....

15. Pensions without age limits

https://knews.kathimerini.com.cy/en/comment/opinion/pensions-without-age-limits

We are told that the social insurance system is strictly contributory. You get back what you pay in. Except, of course, for state officials, who collect generous pensions without ever having made equivalent contributions. ...

16. Cyprus seeks U.S. military equipment, joins EU defense program

https://knews.kathimerini.com.cy/en/news/cyprus-seeks-u-s-military-equipment-joins-eu-defense-program

The Cyprus National Guard is preparing to expand its arsenal with U.S. military aircraft, helicopters and armored vehicles, part of a broader effort to modernize its forces and deepen defense ties with Washington and the European Union....

17. ''I am innocent'': Ex-house speaker defends role in passport scandal

https://knews.kathimerini.com.cy/en/news/i-am-innocent-ex-house-speaker-defends-role-in-passport-scandal

Two of Cyprus’s most high-profile politicians caught up in the ''golden passports'' scandal stood before a criminal court on Thursday to declare they had done nothing wrong....

18. Cyprus begins €44M payouts to 2013 bailout victims

https://knews.kathimerini.com.cy/en/news/cyprus-begins-€44m-payouts-to-2013-bailout-victims

More than 4,500 people who lost money in Cyprus’ 2013 banking collapse are finally seeing compensation, with €44.36 million being paid out on Thursday, officials said....

19. Israel greenlights controversial West Bank settlement plan

https://knews.kathimerini.com.cy/en/news/israel-greenlights-controversial-west-bank-settlement-plan

Israel has granted final approval for the long-stalled E1 settlement plan, paving the way for the construction of about 3,400 housing units in the occupied West Bank, a move critics say could permanently derail prospects for a Palestinian state....

20. Who set Troodos on fire? Spoiler alert: It wasn’t the trees’ fault

https://knews.kathimerini.com.cy/en/comment/opinion/who-set-troodos-on-fire-spoiler-alert-it-wasn-t-the-trees-fault

Let me kick things off with two completely unrelated questions: When exactly are all 13 mobile desalination units finally going to start working? ...

21. Desalination: A costly and controversial answer to global water shortages

https://knews.kathimerini.com.cy/en/business/desalination-a-costly-and-controversial-answer-to-global-water-shortages

As climate change fuels irregular rainfall and intensifies droughts, countries worldwide are increasingly turning to desalination to address growing water scarcity. ...

22. Am I becoming a fan of Elon Musk?

https://knews.kathimerini.com.cy/en/comment/opinion/am-i-becoming-a-fan-of-elon-musk

Thursday was a great night. The youngest of my three kids graduated from elementary school. In celebration, we ate the most tender souvlakia Nicosia has to offer, accompanied by a cool hilltop breeze....

23. payabl. launches Virtual Business Cards to empower smarter business spending

https://knews.kathimerini.com.cy/en/news/payabl-launches-virtual-business-cards-to-empower-smarter-business-spending

Leading European financial technology provider, payabl. has launched its Virtual Business Cards service, a digital payment solution designed to give businesses greater control, security, and visibility over their spending....

24. EU proposes €2 fee on packages from China-based retailers like Shein and Temu

https://knews.kathimerini.com.cy/en/news/eu-proposes-€2-fee-on-packages-from-china-based-retailers-like-shein-temu

The European Union is planning to introduce a flat fee on billions of small parcels entering its borders each year, most of them from China....

25. European hoteliers take on Booking.com over high commissions

https://knews.kathimerini.com.cy/en/business/european-hoteliers-take-on-booking-com-over-high-commissions

Hoteliers across Europe are once again taking aim at Booking.com, accusing the popular online platform of exploiting its dominant position in the market....

26. Apple ditches China for India to dodge Trump’s tariffs

https://knews.kathimerini.com.cy/en/business/apple-ditches-china-for-india-to-dodge-trump-s-tariffs

Apple is planning a major shakeup in how, and where, it makes iPhones for the U.S. market. Starting as early as next year, the tech giant wants all iPhones sold in America to be assembled in India, instead of China. The reason? Tariffs. ...

27. Goodbye boarding passes? Air travel set for high-tech transformation

https://knews.kathimerini.com.cy/en/news/goodbye-boarding-passes-air-travel-set-for-high-tech-transformation

The days of fumbling through your bag for a boarding pass or waiting in long check-in lines at the airport may soon be over....

28. Cyprus’ tech boom boosts the economy by €7 Billion

https://knews.kathimerini.com.cy/en/business/cyprus-tech-boom-boosts-the-economy-by-€7-billion

For years, Cyprus’ economy leaned heavily on tourism and professional services, but the rapid rise of technology companies is reshaping the island’s financial landscape....

29. The Cypriot billionaires behind the island's rise as a global business hub

https://knews.kathimerini.com.cy/en/business/the-resident-billionaires-behind-cyprus-rise-as-a-global-business-hub

Cyprus has quietly become a magnet for some of the world's wealthiest individuals, transforming the island into a hub for global business and investment. ...

30. Trump hints at new tariffs on EU imports as trade tensions escalate

https://knews.kathimerini.com.cy/en/business/trump-hints-at-new-tariffs-on-eu-imports-as-trade-tensions-escalate

US President Donald Trump has suggested that the European Union (EU) could be the next target of US tariffs, following the imposition of 25% levies on imports from Mexico, Canada, and China....

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