https://knews.kathimerini.com.cy/en/news/houthi-strikes-send-prices-soaring-in-global-trade
In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....
https://knews.kathimerini.com.cy/en/business/home-building-costs-up-by-20-insights-for-buyers
Geopolitical developments, marked by conflicts in Ukraine and Gaza, have led to a notable surge in house prices, revealing a 20% increase in construction costs since 2019,...
https://knews.kathimerini.com.cy/en/news/government-s-photovoltaics-for-all-plan-sparks-debate-on-eligibility-and-funding
The Government Grant Scheme for transitioning citizens to renewable energy sources and promoting energy-saving initiatives in homes for the period 2024-2025 is currently open for public consultation until January 19, 2024. ...
https://knews.kathimerini.com.cy/en/news/university-of-nicosia-hosts-xrpl-hackathon-in-2024
The University of Nicosia (UNIC) is excited to announce the Cyprus Tech Odyssey: XRPL Hackathon 2024, in collaboration with Ripple, scheduled to take place between January 18-20, 2024....
https://knews.kathimerini.com.cy/en/news/christodoulides-strong-message-ignore-sirens-focus-on-governance
The swearing-in and assumption of duties of the new ministers and officials of the government took place today (10/01), at the Presidential Palace....
https://knews.kathimerini.com.cy/en/news/pope-francis-urges-worldwide-ban-on-despicable-surrogacy
In his annual foreign policy address to ambassadors, Pope Francis strongly condemned surrogate motherhood as "despicable" and urged for a universal ban on the practice, including its commercialization.
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https://knews.kathimerini.com.cy/en/business/79-jump-in-consumer-complaints-this-year
In a substantial leap from 2022, the Cyprus Consumer Association reports a noteworthy spike in four complaint categories in 2023....
https://knews.kathimerini.com.cy/en/news/elon-musk-s-late-spacex-meeting-sparks-concerns-over-drug-use
Elon Musk's usually dynamic SpaceX meetings took a bizarre turn recently, as the CEO arrived fashionably late, only to deliver a rambling and incoherent speech that left executives privately questioning his state of mind, according to The Wall Street Journal....
https://knews.kathimerini.com.cy/en/news/tension-peaks-in-cyprus-natural-gas-development
The development of the Natural Gas network of Cyprus has become a tangled mess, as after the delays in the schedules......
https://knews.kathimerini.com.cy/en/news/confirmed-conflict-of-interest-sparks-urgent-calls-for-accountability
In a recent announcement, the Audit Service acknowledges the Independent Authority against Corruption's findings concerning three complaints filed by Auditor General Odysseas Michaelides against Assistant Attorney General Savvas Angelides. ...
https://knews.kathimerini.com.cy/en/news/deputy-pm-and-mp-deny-explosive-bribery-claims
In a shocking turn of events, a bribery scandal has erupted in the Turkish Cypriot government, implicating the deputy prime minister and a board member of the development bank....
https://knews.kathimerini.com.cy/en/news/pafos-polis-chrysochous-motorway-construction-continues-amid-contractual-discussions
The risk of halting construction on the Pafos-Polis Chrysochous motorway has been temporarily averted. In recent days, the construction company formally submitted a series of requests in a letter to the Department of Public Works and the Ministry of Transport,...
https://knews.kathimerini.com.cy/en/news/gesy-surgeons-accused-of-off-system-practices
In recent developments, rumors suggest that doctors within the GESY, particularly those in surgical specialties, may be providing services in non-GESY medical facilities....
https://knews.kathimerini.com.cy/en/news/greece-named-economist-country-of-the-year-2023
The Economist magazine has declared Greece the country of the year for 2023, with Prime Minister Kyriakos Mitsotakis, in a post, referring to the "recognition of the efforts of the Greek people."...
https://knews.kathimerini.com.cy/en/news/half-of-cyprus-loans-vulnerable-to-euribor-and-ecb-rates
Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....
https://knews.kathimerini.com.cy/en/news/mps-debate-executive-bonuses-in-semi-governmental-organizations
The issue surrounding the renewal of Cyprus Telecommunications Authority (CYTA) CEO Andreas Neocleous's contract for another five years and a requested bonus sparked discussions within the Council of Ministers about executive bonuses in semi-governmental organizations. ...
https://knews.kathimerini.com.cy/en/business/stellantis-group-shifts-gears-in-cyprus-hands-dealerships-to-cic-automasters
In a significant development for Stellantis Group's car dealerships in Cyprus, the renowned global car manufacturer is set to transfer operations to CIC Automasters Group. ...
https://knews.kathimerini.com.cy/en/news/2-over-215m-covid-vaccines-trashed-€4b-down-the-drain
In a concerning revelation, European countries have disposed of more than 215 million doses of COVID-19 vaccines, originally procured at the peak of the pandemic....
https://knews.kathimerini.com.cy/en/news/cbc-warns-of-non-performing-loan-surge-amid-economic-challenges
The Central Bank of Cyprus (CBC) issued a warning on Monday, cautioning about the potential influx of non-performing loans (NPLs) driven by high-interest rates and inflation, which are impacting households' disposable income and businesses' profitability....
https://knews.kathimerini.com.cy/en/news/greek-home-sales-face-unprecedented-delays
The process of selling a house in Greece has started to look like an odyssey, after the developments of the last few weeks....
https://knews.kathimerini.com.cy/en/news/akamas-environmental-issues-and-minister-s-decision
There have been signs and monsters about the works being done in Akamas and the breaches of the conditions of the Special Ecological Assessment (SEA) but the Minister of Agriculture, Mr. Xenophontos, is still not sure that he should order a disciplinary investigation to be held accountable....
https://knews.kathimerini.com.cy/en/news/russia-opposes-georgia-s-port-plan
In a bid to revolutionize freight travel, Georgia's Anaklia project aims to cut travel times and boost trade volumes significantly by 2030....
https://knews.kathimerini.com.cy/en/news/heavy-rain-hits-kornos-underpass-bridge-shuts-down
The Kornos underpass bridge faced another bout of flooding, leading authorities to close it for traffic due to heavy rainfall....
https://knews.kathimerini.com.cy/en/news/urgent-measures-taken-after-a-series-of-fires-on-buses
According to the commitment of the Ministry of Transport and the owners of the 570 immobilized buses, a return to normality is expected early this week....
https://knews.kathimerini.com.cy/en/news/cypriot-bonds-hold-firm-at-€6-75-billion-amid-ecb-moves
As of the end of November, data from the Cypriot Central Bank reveals that the Eurosystem maintained its holdings of Cypriot bonds valued at €6.75 billion...
https://knews.kathimerini.com.cy/en/news/major-progress-in-cyprus-as-buses-gear-up-for-safety-boost
Transport Minister Alexis Vafeafis shared optimistic updates on the installation of automatic fire extinguishing systems on buses during a recent interview on state radio.
...
https://knews.kathimerini.com.cy/en/news/chevron-delays-engineering-design-for-aphrodite-gas-field
Chevron Corp, the operator of the ''Aphrodite'' gas field in Cyprus’ block 12 has requested an extension for the commencement of the Front-End Engineering Design in a bid to “formulate together with the Cypriot government an optimal development plan” for the gas reserve, estimated to hold 4.2 trillion cubic feet....
https://knews.kathimerini.com.cy/en/news/government-evaluates-fire-fighting-systems-for-buses-after-immobilisation
A committee of experts is meeting with the Fire Service to evaluate the automatic fire-fighting systems available to companies in Cyprus and their suitability for use, Transport, Communications and Works Minister Alexis Vafeadis said Tuesday....
https://knews.kathimerini.com.cy/en/news/570-buses-grounded-after-aglantzia-blaze
The incident last Friday (01/12), where a fire broke out in the school bus engine in Aglantzia, prompted the Ministry of Transport and stakeholders to hold meetings over the weekend....
https://knews.kathimerini.com.cy/en/news/fbi-joins-forces-with-cyprus-police-to-investigate-sanctions-violations
The US experts tasked with scrutinizing the revelations in the Cyprus Confidential write-up regarding violations of sanctions against Russia have been in Cyprus since Sunday, December 3....
