https://knews.kathimerini.com.cy/en/news/wizz-air-s-7-hour-flights-start-at-£89-if-you-re-up-for-a-squeeze
Ultra-low-cost carrier Wizz Air will maintain its no-frills offering even as it introduces longer flights, betting that passengers will "suffer the pain" for cheaper fares....
https://knews.kathimerini.com.cy/en/news/eu-too-dependent-on-us-for-defense-gear-report-finds
The European Union is buying too much of its defense equipment from the United States and not investing enough in its own military projects, a new report by former Italian Prime Minister Mario Draghi warned Monday. ...
https://knews.kathimerini.com.cy/en/news/back-to-school-shopping-spikes-as-prices-fluctuate
in an article written by Kathimerini's Anna Polyviou, back-to-school shopping is in full swing with the new school year just around the corner. Consumers scramble to buy essentials like clothing, footwear, stationery, and school bags, taking advantage of a wide variety of products and offers to suit their needs and budgets....
https://knews.kathimerini.com.cy/en/news/government-s-solar-panel-scheme-attracts-6-000-applicants
The Energy Ministry expressed satisfaction on Saturday on the response its scheme ‘’photovoltaics for all’’ had among the consumers....
https://knews.kathimerini.com.cy/en/news/ukraine-intensifies-fight-against-illicit-tobacco-trade
The illicit tobacco trade in Ukraine, one of Europe's most prominent black markets for cigarettes, is sending shockwaves through the economies of neighboring countries,...
https://knews.kathimerini.com.cy/en/business/cyprus-finalizes-2025-budget-with-focus-on-export-growth
The Council of Ministers is set to finalize discussions on the 2025 state budget by mid-September, as confirmed by Finance Minister Makis Keravnos. ...
https://knews.kathimerini.com.cy/en/news/paris-ranks-as-europe-s-most-expensive-city-for-housing
Paris remains the most expensive city in Europe for free-market housing, with an average price of 14,900 euros per square meter, according to a report by Deloitte....
https://knews.kathimerini.com.cy/en/news/nicosia-faces-financial-strain-amid-local-government-reforms
In an article in this Sunday's Kathimerini, Apostolos Tomaras writes that Just two months into the tenure of Cyprus’ new local government, the Nicosia Municipality is grappling with significant financial challenges, raising concerns about its ability to comply with legal requirements....
https://knews.kathimerini.com.cy/en/news/scientists-find-massive-underground-water-source-on-mars
Geophysicists have uncovered a vast underground ocean beneath Mars' surface, a discovery that may hold significant implications for the search for life on the Red Planet....
https://knews.kathimerini.com.cy/en/news/ukraine-linked-to-nord-stream-blast-despite-zelensky-s-objection
Ukraine was reportedly behind the destruction of the Nord Stream pipeline, according to a recent report by The Wall Street Journal. The September 2022 explosion severely disrupted Russia's natural gas exports and caused significant turmoil in global energy markets....
https://knews.kathimerini.com.cy/en/news/experts-warn-of-dangerous-decline-in-young-people-s-mental-health
Experts are sounding alarms over a ''dangerous'' decline in the mental health of young people worldwide, citing factors such as intergenerational inequality, pervasive social media use, low wages, unstable employment, and the climate crisis....
https://knews.kathimerini.com.cy/en/news/government-rolls-out-€400-laptop-grants-for-middle-school-students
Following the President's announcement of the "At Every Start, Together" initiative aimed at supporting students at the beginning of the new school year and easing family......
https://knews.kathimerini.com.cy/en/news/cyprus-sees-fuel-price-drop-by-2-3-cents
Cypriot households burdened by rising living costs are getting a reprieve as fuel prices drop, with further reductions expected by the end of August....
https://knews.kathimerini.com.cy/en/news/president-unveils-€9-5m-support-package-for-students-and-families
President Nicos Christodoulides announced a new package of measures aimed at supporting students and alleviating family budgets amid rising inflation and costs. The initiative, titled "Together at Every Beginning," is designed to assist families as the new school year approaches....
https://knews.kathimerini.com.cy/en/news/cyprus-boosts-r-d-funding-by-nearly-20-spending-€138m-in-2023
Cyprus significantly boosted its investment in research and development (R&D) in 2023, with government budget allocations rising by 19.8% compared to the previous year, according to new data from Eurostat. This increase is notably higher than the average 5.3% rise observed across the European Union during the same period....
https://knews.kathimerini.com.cy/en/business/€6m-fund-available-for-innovators-to-tackle-real-world-challenges
The Research and Innovation Foundation (RIF) has announced a new funding program called "Co-Develop" with a total budget of €6 million. This program aims to solve real-world problems by connecting researchers with businesses in areas such as digital technologies, advanced agriculture, health, and the environment....
https://knews.kathimerini.com.cy/en/news/rif-launches-€6m-fund-to-foster-innovation-and-economic-growth
The Research and Innovation Foundation (RIF) announced on Tuesday a new call for the "Co-Develop" funding programme, with a total budget of €6 million, aimed at better leveraging resources and apply innovative solutions to real problems....
https://knews.kathimerini.com.cy/en/business/bank-of-england-cuts-interest-rates-after-nearly-a-year-of-stability
The Bank of England (BoE) has cut interest rates for the first time since the start of the COVID-19 pandemic, dropping them from a 16-year high. This decision, made by a narrow 5-4 vote, reflects a split among policymakers about whether inflation is under control....
https://knews.kathimerini.com.cy/en/news/cyprus-government-rakes-in-over-€424m-in-surpluses-this-year
Cyprus has reported a substantial budget surplus of €424.5 million for the first half of 2024, a huge increase from the €62 million surplus during the same period last year. ...
https://knews.kathimerini.com.cy/en/business/fruits-and-perishables-made-of-gold
Soaring retail prices for fresh fruits and vegetables have heavily impacted both consumers and producers in recent months. ...
https://knews.kathimerini.com.cy/en/news/kyriacos-kokkinos-appointed-to-european-institute-of-innovation-technology-board
Kyriacos Kokkinos, Former Deputy Minister for Research, Innovation and Technology has been appointed by the European Commissioner for Innovation......
https://knews.kathimerini.com.cy/en/news/cyprus-eyes-key-eu-portfolio-in-von-der-leyen-s-second-commission
As EU member states finalize the 26 names for Ursula von der Leyen's second European Commission......
https://knews.kathimerini.com.cy/en/news/cyprus-signs-€50-million-contract-for-smart-meters
A €50 mln contract for Advanced Metering Infrastructure (ΑΜΙ) was signed on Wednesday between the Electricity Authority of Cyprus (EAC) and the Cyprus Telecommunications Authority (CYTA)....
https://knews.kathimerini.com.cy/en/news/water-reservoir-levels-plummet-to-36-8
Reservoirs across Cyprus have reached critically low levels due to an extended heatwave, with current water storage at just 36.8% of total capacity, according to the Water Development Department....
https://knews.kathimerini.com.cy/en/news/cyprus-extends-ev-charging-grants-by-two-months
The deadline for applications for the second phase of the "Electrification with 1000" grant program has been extended by two months, now closing on September 30, 2024, at 12:00 a.m., the Department of Electromechanical Services announced....
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/government-charts-course-for-2025-budget-surplus
President Nikos Christodoulides announced during a Cabinet meeting on Monday that the government is on track to achieve a budget surplus for the fiscal year 2025....
https://knews.kathimerini.com.cy/en/news/cyprus-prepared-for-lebanon-conflict-fallout-says-kombos
A possible spillover of the conflict in Lebanon would have catastrophic consequences, Foreign Affairs Minister Constantinos Kombos said on Tuesday......
https://knews.kathimerini.com.cy/en/news/president-announces-€10-million-boost-for-cyprus-tourism
President Nikos Christodoulides announced a €10 million increase in the 2025 budget for the Deputy Ministry of Tourism to enhance Cyprus's international promotion....
https://knews.kathimerini.com.cy/en/news/european-commission-targets-tiger-mosquitoes-in-cyprus-with-€500-000-initiative
The European Commission announced on Friday a new initiative to eradicate Aedes aegypti mosquitoes in Cyprus....
