https://knews.kathimerini.com.cy/en/news/electricity-link-connects-israel-cyprus-crete-and-greece
In a significant development for the energy sector, George Papanastasiou, the Minister of Energy, Trade, and Industry, expressed his warm welcome for the forthcoming implementation of the electricity interconnection project connecting Israel, Cyprus, Crete, and mainland Greece....
https://knews.kathimerini.com.cy/en/news/nicosia-s-walled-city-receives-€220-million-makeover
Over the last 12 years the investment to revitalize the walled city reached 220 million euros in total, Nicosia Mayor, Constantinos Yiorkadjis said on Friday, noting that during this period, projects worth 100 million euros have been completed in the historic centre, while 50 million euros worth of projects are underway....
https://knews.kathimerini.com.cy/en/news/china-s-plans-to-outshine-nasa-in-orbit
China plans to expand its space station to six modules from three in coming years, offering astronauts from other nations an alternative platform for near-Earth missions as the NASA-led International Space Station (ISS) nears the end of its lifespan....
https://knews.kathimerini.com.cy/en/news/poles-and-greeks-europe-s-thriftiest-tourists
Poles are the most tight-fisted tourists in Europe, spending around €185 per person in other countries while visiting for tourism purposes, totalling up to €7.2 billion in 2022....
https://knews.kathimerini.com.cy/en/news/targeted-fuel-and-heating-reductions-in-government-s-considerations
The Cyprus Electricity Authority has announced a 3% increase in electricity prices for upcoming bills. ...
https://knews.kathimerini.com.cy/en/news/government-unveils-inflation-relief-plan-for-october-s-end
At the end of October, the government is expected to announce measures to alleviate the impact of inflation, while at the beginning of 2024 the government plans to implement the new green tax on fuels, together with compensatory measures, said the Minister of Finance, Makis Keravnos, while handing over the 2024 state budget to the President of the Parliament, Annita Demetriou.
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https://knews.kathimerini.com.cy/en/news/eu-seeks-centralized-energy-storage-solution
As part of the Save and Upgrade plan, only eight applications have been submitted thus far for the installation of home storage systems. It's important to note that these grants exclude new homes, which are expected to meet almost zero energy consumption standards....
https://knews.kathimerini.com.cy/en/news/finance-ministry-s-new-measures-for-vulnerable-in-the-works
The Finance Ministry is considering new measures to support particularly the vulnerable groups of society amid the continuing pressures from high prices and inflation, Makis Keravnos Minister of Finance said on Monday, adding the measures were in the pipeline irrespective of the rating upgrades by Moody’s and DBRS Morningstar....
https://knews.kathimerini.com.cy/en/business/moody-s-double-upgrade-ignites-investor-interest
Last Friday, Moody's delivered a double upgrade for Cyprus, propelling the nation into the investment-grade category recognized by all four major financial firms. Although these rankings may appear modest, their real-world impact is substantial....
https://knews.kathimerini.com.cy/en/news/15-4-spike-in-public-expenditure-for-2024
In the 2024 Budget, there's a notable rise of EUR 0.5 billion in public personnel expenditure. According to the Council of Ministers' approved budget table for 2024, this marks a substantial increase of 496 million euros. In terms of percentages, this surge amounts to 15.4% compared to the personnel expenditure allocated for the public sector in 2023....
https://knews.kathimerini.com.cy/en/news/2024-budget-points-to-surplus-and-debt-reduction
The 2024 budget reflects the clear imprint of our policy priorities, President of the Republic Nikos Christodoulides says in a written statement, adding that the fiscal balance for 2024 is estimated to be surplus, reaching 2.2% of GDP, while the medium-term goal, by 2026, is to reduce public debt to 60%....
https://knews.kathimerini.com.cy/en/news/supreme-court-rejects-president-s-referendum-on-turkish-cypriot-properties
In a significant ruling, the Supreme Constitutional Court, in its new composition, rejected the President's third referendum on the amendment law passed by the Parliament concerning Turkish Cypriot properties and the powers of the 'Guardian.'...
https://knews.kathimerini.com.cy/en/news/school-escorts-back-on-track-to-aid-hundreds-of-disabled-students
The perennial issue of meeting the needs of students requiring school assistants has resurfaced as the new school year begins. ...
https://knews.kathimerini.com.cy/en/news/first-lady-s-assistant-denied-extra-pay
A majority of the members of the Parliamentary Finance Committee approved the release of funds requested by the Presidency for salary payments, but the Committee unanimously rejected a separate request concerning overtime compensation for an employee temporarily assigned to the Presidency....
https://knews.kathimerini.com.cy/en/business/how-high-is-too-high-before-tax-relief-kicks-in
Diesel prices have dipped by nine cents per liter at gas stations compared to late August, while unleaded 95-octane petrol is now six cents cheaper....
https://knews.kathimerini.com.cy/en/news/christmas-villages-open-their-doors-in-november
Starting from November 26th, the enchanting Christmas villages are set to welcome the public once again this year....
https://knews.kathimerini.com.cy/en/news/€369-million-eib-loan-for-smart-investments
The government has secured a €369 million loan from the European Investment Bank (EIB) with favorable terms to support expenditures and investments within the framework of the "Thalia" program. ...
https://knews.kathimerini.com.cy/en/news/focus-on-growth-employment-control-and-surplus-in-the-2024-budget
The 2024 state budget to be tabled to the Council of Ministers for approval next week will have three key characteristics, Minister of Finance Makis Keravnos told CNA....
https://knews.kathimerini.com.cy/en/news/cyprus-to-remove-speed-bumps-introduce-cameras-for-safer-roads
The Ministry of Transport in Cyprus is planning to remove speed bumps from roads, except for those located near schools. Minister Alexis Vafeades confirmed this intention, as reported by the website "Offsite News." ...
https://knews.kathimerini.com.cy/en/business/lego-bricks-for-real-buildings-in-florida
A Florida construction firm is seeing fast adoption of its intuitively-made building blocks that work like real-life LEGO bricks....
https://knews.kathimerini.com.cy/en/news/controversy-deepens-over-overtime-pay-to-deputy-spokesperson
The controversy surrounding overtime payments for Deputy Government Spokesperson Doxa Komodromou has escalated, with revelations and calls for reimbursement by the Auditor General, Odysseas Michaelides....
https://knews.kathimerini.com.cy/en/news/over-200-000-dead-animals-reported-in-thessaly
More than 200,000 dead animals have been declared to the Hellenic Agricultural Insurance Organization (ELGA) in Thessaly, central Greece, according to Minister of Rural Development and Food Lefteris Avgenakis....
https://knews.kathimerini.com.cy/en/business/wizz-air-faces-reduced-christmas-flight-schedule-due-to-engine-faults
Wizz Air has been forced to ground some of its planes and warned it would run fewer flights over Christmas after faults were uncovered in engines used by Airbus....
https://knews.kathimerini.com.cy/en/news/cyprus-aims-to-shine-with-cypriot-red-soil-potato-in-european-market
Ministry of Agriculture, Rural Development, and Environment, is making every possible effort to address new challenges while improving the competitiveness of the agricultural sector, said the Minister of Agriculture, Rural Development, and Environment, Petros Xenophontos....
https://knews.kathimerini.com.cy/en/business/new-student-dorms-to-transform-old-town-nicosia
The Mayor of Nicosia, Constantinos Yiorkadjis, and the director of the company "OIKODOMIKES EPICHEIRISEIS STAVROS A. STAVROU LTD" have signed contracts for the construction of new student dormitories in the city....
https://knews.kathimerini.com.cy/en/news/step-up-weigh-in-korean-air-weighs-passengers-for-safety
Starting Monday, passengers flying on Korean Air may be asked to step on a scale before boarding their flight.
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https://knews.kathimerini.com.cy/en/business/cyprus-open-university-gets-€2-6-million-for-tech-and-resources
President Nikos Christodoulides announced here on Tuesday additional funding for the Open University’s (OUC) budget with €2.6 million. The amount is aimed at upgrading the technological digital equipment and strengthening the human resources of the University for the next three years....
https://knews.kathimerini.com.cy/en/news/china-s-$10-trillion-hidden-debt
For some time now, markets have been buffeted almost on a daily basis by gloomy economic news filtering out of China....
https://knews.kathimerini.com.cy/en/news/government-offers-50-aid-for-homeownership-in-old-nicosia
The Ministry of Interior has announced the ongoing opportunity to apply for the Nicosia Within Walls City Housing Regeneration Scheme. ...
https://knews.kathimerini.com.cy/en/news/croatia-tops-the-list-for-summer-escapes
Croatia has recently gained considerable popularity as a top holiday escape for tourists around the world, particularly attracting the interest of travellers coming from Britain....
