https://knews.kathimerini.com.cy/en/news/cyprus-and-china-lock-horns-over-vasilikos-issues
Apostolos Tomaras writes in this Sunday's Kathimerini that negotiations between Cyprus and the Chinese consortium over the "PROMETHEAS" ship, currently in Shanghai, have become a contentious issue as Cyprus seeks to gain control of the vessel. ...
https://knews.kathimerini.com.cy/en/news/cypriots-flock-to-the-coast-for-summer-holidays-despite-rising-prices
Coastal areas remain the top choice for Cypriots' domestic summer holidays, with destinations like Ayia Napa, Protaras, Paphos, Limassol, and Larnaca seeing high demand, according to the Cyprus Hotels Association (PASYXE)....
https://knews.kathimerini.com.cy/en/news/epic-double-ookla-and-umlaut-rank-epic-once-again-at-the-top-of-telecommunications-in-cyprus-for-its-fixed-internet-and-mobile-networks-respectively
Epic continues to stand at the top of telecommunications in Cyprus, with two new international awards that are the culmination of its continuous investments in the development of a state-of-the-art, ultra-fast and reliable mobile and fixed internet network, offering an epic communication experience with innovative solutions, continuous evolution, and dedication to excellence....
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/disy-president-urges-transparency-amid-vasilikos-scandal
DISY President Annita Demetriou's call for transparency regarding the Vassilikos scandal carries dual significance. ...
https://knews.kathimerini.com.cy/en/news/cyprus-could-face-financial-strain-over-vasilikos-debacle
The abandonment of the Vasilikos terminal project by a Chinese consortium has triggered a cascade of financial and operational challenges for Cyprus, with substantial implications for state finances and energy infrastructure....
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-slows-in-july-after-three-months-of-rising-costs
Inflation in Cyprus took a breather in July after three months of climbing prices. According to new figures released by the Cyprus Statistical Service, the cost of living went up by 2.1% in July. ...
https://knews.kathimerini.com.cy/en/business/lidl-celebrates-its-successful-sponsorship-of-the-uefa-euro-2024
• Lidl's sponsorship of the biggest football event in Europe, as an Official Partner of UEFA EURO 2024™, signaling the company's first international participation in football....
https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-cyprus-wins-the-gold-medal-for-corruption
The column, in an unsuspecting moment and while all the relevant officials were reassuring you, was the first to write about the impending fiasco of the mammoth projects in Larnaca and warned that what would follow with the project in Vasilikos would be infinitely worse....
https://knews.kathimerini.com.cy/en/comment/opinion/70-of-cypriots-and-greeks-choose-card-payments-over-cash
We are moving ever closer to abolishing cash for consumers and businesses....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-significant-uptick-in-new-loans
In June 2024, new loans in Cyprus substantially increased, reaching €330.6 million, up from €234.9 million in May. Data from the Central Bank of Cyprus (CBC) show that total new loans, which include both new and renegotiated contracts, climbed to €514.9 million from €391.6 million the previous month....
https://knews.kathimerini.com.cy/en/business/record-surge-in-olive-oil-fraud-amid-rising-prices-of-liquid-gold
The European Union reported a record number of potential olive oil fraud and mislabeling cases in the first quarter of 2024, driven by inflationary pressures and a growing hidden market for the kitchen staple....
https://knews.kathimerini.com.cy/en/news/mcdonald-s-becomes-unaffordable-for-many
McDonald's, once synonymous with affordable fast food, has seen its sales decline as many former customers find its offerings increasingly expensive....
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/eu-plans-two-phase-trade-strategy-if-trump-wins-presidency
Brussels is developing a two-phase trade strategy in response to the potential nomination of Donald Trump in the upcoming U.S. presidential election in November....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-celebrated-the-opening-of-its-3rd-store-in-paphos-and-21st-store-in-cyprus
In a major expansion of its retail network, Lidl Cyprus opened its newest store in the Neon Mall of Pafos on Wednesday 24 July, marking the 3rd Lidl store in a row in the Paphos district and the 21st in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/trump-tells-kamala-harris-you-re-fired
Former President Donald Trump turned his focus on Vice President Kamala Harris during a rally in Charlotte, describing her as “a new victim to defeat.”...
https://knews.kathimerini.com.cy/en/news/cyprus-to-decide-on-great-sea-interconnector-this-august
Important decisions concerning the Great Sea Interconnector, an electric cable linking Cyprus and Greece, are anticipated in August. ...
https://knews.kathimerini.com.cy/en/news/high-electricity-costs-in-cyprus-due-to-lack-of-renewables
As high temperatures drive increased energy demand in Cyprus, the island remains heavily reliant on mazut for electricity production....
https://knews.kathimerini.com.cy/en/news/eu-reviews-impact-of-chinese-exit-from-vasilikos-lng-terminal
The European Commission is assessing the potential impacts on project funding following the withdrawal of a Chinese consortium from the construction of the LNG terminal in Vasilikos, a spokesperson for the European Commission confirmed....
https://knews.kathimerini.com.cy/en/news/turn-your-land-or-roof-into-income-and-help-combat-climate-change
As the world grapples with the intensifying effects of climate change, marked by record-breaking temperatures from June 2023 onwards, the call to shift towards sustainable practices has never been more urgent....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-soars-as-tech-takes-the-lead-while-real-estate-trails
Cyprus' economy is showing impressive growth at the start of 2024, with the biggest gains coming from the tech and services sectors, Kathimerini's Anna Polyviou reports....
https://knews.kathimerini.com.cy/en/news/etyfa-receives-unfinished-vasilikos-terminal-plans-to-complete-by-2025
The government is on a countdown following the termination of the contract for the construction of Terminal F.P. at Vasilikos by the CPP-METRON CONSORTIUM LTD....
https://knews.kathimerini.com.cy/en/news/june-sees-price-hikes-on-essentials-as-inflation-rises
Get ready to pay more for everyday items! Prices for many essential goods jumped in June, driving up inflation to 2.9%. This follows a steady rise from 2.4% in April and 2.7% in May....
https://knews.kathimerini.com.cy/en/news/rising-costs-of-utilities-and-dining-out-are-hitting-home
The Harmonised Index of Consumer Prices (HICP) in Cyprus remained steady at 3% in June, according to data released on Wednesday by the Cyprus Statistical Service (CyStat). ...
https://knews.kathimerini.com.cy/en/business/lidl-s-21st-store-in-paphos-boosts-cyprus-retail-battle
Almost 15 years after Lidl Cyprus entered the Cypriot market, the company is set to open its 21st store in Paphos, specifically in Neon Mall....
https://knews.kathimerini.com.cy/en/business/new-lidl-store-at-neon-mall-of-pafos
Lidl Cyprus opens its 21st store and extends its commitment towards high quality, affordable prices and an upgraded shopping experience....
https://knews.kathimerini.com.cy/en/business/ft-unilever-to-cut-1-3-of-its-office-jobs-in-europe
Unilever, one of the largest distributors of consumer goods such as Dove, and BEn & Jerry's, Lipton, Knorr, etc., has announced plans to eliminate a third of its office-based roles in Europe by the end of 2025, ...
https://knews.kathimerini.com.cy/en/news/study-reveals-pros-and-cons-of-great-sea-interconnector
Cyprus' Minister of Energy, Trade and Industry, George Papanastasiou, announced on Thursday that the comprehensive cost-benefit study for the Cyprus-Greece (Crete) electricity interconnection, known as the Great Sea Interconnector (GSI),...
https://knews.kathimerini.com.cy/en/business/the-great-sea-interconnector-will-cut-electricity-costs-by-30
Minister of Energy, Commerce, and Industry George Papanastasiou is set to meet with the management of Greece's Independent Power Transmission Operator (ADMIE) on Thursday to receive a comprehensive Cost and Benefit Analysis (CBA) for the Great Sea Interconnector (GSI) project, linking Cyprus, Greece, and Israel....