https://knews.kathimerini.com.cy/en/business/cyprus-crete-electricity-interconnection-agreement-nears-completion
Discussions among the parties involved in the Cyprus-Crete electricity interconnection project appear to be advancing following a recent presidential meeting....
https://knews.kathimerini.com.cy/en/news/billionaire-jared-isaacman-completes-first-ever-commercial-spacewalk
On Thursday, billionaire tech entrepreneur Jared Isaacman achieved a historic milestone by participating in the first private spacewalk, in collaboration with SpaceX. ...
https://knews.kathimerini.com.cy/en/business/second-quarter-first-half-2024-financial-results
AEGEAN announces its financial results for the Second Quarter and First Half of 2024.
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https://knews.kathimerini.com.cy/en/news/cyprus-invests-€100m-to-end-power-project-deadlock-with-greece
Negotiators see a potential breakthrough to end the deadlock over the Crete-Cyprus electrical interconnection project, following discussions on Tuesday in Nicosia and continued talks via teleconference on Wednesday.
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https://knews.kathimerini.com.cy/en/news/court-boosts-doctors-monthly-payments-in-€1-3-million-malpractice-case
In a recent decision, Cyprus’s Court of Appeal increased the monthly repayment amounts required from three doctors who were found liable for medical negligence. ...
https://knews.kathimerini.com.cy/en/news/supreme-court-upholds-decision-to-revoke-cyprus-citizenship-for-syrian-businessman
The Supreme Constitutional Court of Cyprus has rejected an appeal by a Syrian businessman and his family against the government's decision to revoke their Cypriot citizenship. ...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-praised-for-stronger-sanctions-enforcement-by-us
US sanctions imposed on entities and individuals in Cyprus are not targeting the country, but “oligarchs and arms traders” enabling “the Kremlin war machine” to continue the war in Ukraine......
https://knews.kathimerini.com.cy/en/news/ecb-set-to-cut-key-interest-rate-by-0-25-in-upcoming-meeting
The European Central Bank (ECB) is expected to reduce its key interest rate by 0.25% on Thursday, according to most economists in Greece and the Eurozone....
https://knews.kathimerini.com.cy/en/comment/opinion/how-digital-wallets-could-simplify-life-in-cyprus
All modern states are required to develop their digital tools to better serve their citizens quickly and efficiently. ...
https://knews.kathimerini.com.cy/en/news/with-cyprus-sending-electricity-to-occupied-areas-water-exchange-could-be-next
An article from the Turkish edition of the Independent raises concerns about the possibility of Greek Cypriots needing to request water from the Turkish-occupied areas in the coming years. ...
https://knews.kathimerini.com.cy/en/news/germany-tightens-borders-affecting-travelers-across-europe
Germany is about to make a big change at its borders, and it could affect a lot of people. Starting September 16, 2024,...
https://knews.kathimerini.com.cy/en/news/what-cyprus-new-eu-minimum-wage-directive-means-for-workers-and-employers
Cyprus is set to implement the European Union’s directive on adequate minimum wages....
https://knews.kathimerini.com.cy/en/news/high-stakes-talks-on-cyprus-greece-power-link-leave-crucial-questions-unresolved
A high-level meeting at the Presidential Palace in Nicosia has concluded discussions on the Great Sea Interconnector (GSI), the ambitious electricity link between Cyprus and Greece....
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/comment/opinion/the-president-faces-a-tough-decision-today
The ambiguity surrounding Cyprus's electrical interconnection with Europe is coming to an end. Cyprus must now decide who to align with and who to distance itself from....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-crucial-energy-decisions-in-nicosia-meeting
Cyprus' political leadership is poised to make pivotal decisions about its energy future in a major meeting set to take place at the Presidential Palace tomorrow, according to Kathimerini's Apostolos Tomaras. ...
https://knews.kathimerini.com.cy/en/news/tiny-house-big-rent-limassol-s-housing-crisis-hits-new-heights
It's no secret that rental prices in Cyprus, especially in Limassol, have skyrocketed to absurd levels. With people struggling to find affordable housing amidst a sea of luxury apartments and inflated costs, one local decided to poke fun at the situation—and it's hilarious!...
https://knews.kathimerini.com.cy/en/business/tuesday-is-cyprus-last-chance-to-end-its-energy-isolation
A crucial meeting in Nicosia on Tuesday hopes to resolve months of tensions surrounding the Israel-Cyprus-Crete electricity interconnection project, a key energy link between Europe and the Mediterranean....
https://knews.kathimerini.com.cy/en/news/first-lady-s-let-s-go-troodos-festival-draws-crowds-despite-rain
The ''Let’s Go Troodos!'' Festival, organized by First Lady Philippa Karsera Christodoulides, attracted large crowds on Saturday at the Presidential Residence in Troodos, marking the first time the venue opened to the public....
https://knews.kathimerini.com.cy/en/news/cyprus-greece-electricity-project-meeting-set-for-tuesday
A meeting scheduled for next Tuesday on the Cyprus-Greece electricity interconnection project is considered crucial by all parties involved, government spokesman Konstantinos Letymbiotis said Friday....
https://knews.kathimerini.com.cy/en/news/poverty-line-for-family-of-4-in-occupied-cyprus-set-at-27-402-tl-€953
The Turkish Cypriot Civil Servants' union (KTAMS) has set the poverty line for a family of four at 27,402 Turkish liras (approximately €953), according to a recent study....
https://knews.kathimerini.com.cy/en/news/cyprus-crete-electricity-link-should-cut-costs-by-20-25
The Cyprus-Crete electricity interconnection project could reduce electricity costs by 20-25%, according to Cyprus Energy Minister George Papanastasiou. ...
https://knews.kathimerini.com.cy/en/news/inflation-slows-as-august-sees-small-price-increases
Inflation in Cyprus slowed down in August 2024, with prices rising by 1.5%, compared to a 2.11% increase in July. The Consumer Price Index (CPI), which measures the cost of living, went up slightly from 117.73 to 118.10....
https://knews.kathimerini.com.cy/en/news/parliament-in-turmoil-over-great-sea-interconnector
Cyprus is facing significant political upheaval over the Great Sea Interconnector, a major project intended to bring affordable electricity to the island. With the decision deadline looming tomorrow, there is still no scheduled Cabinet meeting to finalize the issue....
https://knews.kathimerini.com.cy/en/comment/opinion/the-price-of-green-how-the-poor-subsidize-the-rich-s-environmental-perks
''Fortunately, crumbs are falling from the tables of the rich, so we don't starve to death,'' lamented a long-suffering, honest, and somewhat ''naive'' man....
https://knews.kathimerini.com.cy/en/news/uk-s-first-teacherless-gcse-class-begins
David Game College in London is set to start the UK’s first "teacherless" GCSE course this September, where artificial intelligence (AI) will replace human teachers....
https://knews.kathimerini.com.cy/en/news/cabinet-to-make-final-call-on-power-link-funding-today
The Cyprus Cabinet is meeting today to finalize decisions on the financing of the Cyprus-Greece electricity interconnection project, known as the Great Set Interconnector. ...
https://knews.kathimerini.com.cy/en/news/chevron-and-partners-propose-$4-billion-plan-for-aphrodite-gas-field
Chevron and its partners, Shell and NewMed Energy, have put forward a new $4 billion plan to develop the Aphrodite gas field off Cyprus,...
https://knews.kathimerini.com.cy/en/business/aegean-announces-a-€25m-investment-in-volotea
Aegean Airlines S.A. (''AEGEAN'') is pleased to announce an investment of €25M in Volotea S.L., one of Europe’s leading low-cost carriers based in Barcelona, Spain....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-higher-borrowing-costs-lower-deposit-rates-in-july
Interest rates on consumer loans and mortgages in Cyprus increased in July, according to the Central Bank of Cyprus (CBC). The rate for consumer credit climbed to 6.67% from 6.18% in June, while the rate for home loans rose to 4.59% from 4.52%....