https://knews.kathimerini.com.cy/en/comment/opinion/greece-and-the-ferry-tale-nightmare
The ferry boat situation in Greece is rapidly becoming an unfortunate stain on the very fabric of the country. As someone who not only vacations in Greece, I also own, operate, and conduct business there in the tourism sector....
https://knews.kathimerini.com.cy/en/news/french-firm-warns-of-halt-on-cyprus-crete-cable-over-payments
The second meeting of the Commission overseeing the Cyprus-Crete electric cable project, which included representatives from IPTO, the energy ministries of Cyprus and Greece, and the energy regulators from both countries, ended with no significant progress....
https://knews.kathimerini.com.cy/en/business/politico-cypriot-firm-linked-to-belarusian-leader-exploits-sanctions-loophole
A recent investigation by Belarusian journalists has uncovered that a company based in Cyprus is profiting from inflated contracts related to the export of potash, a key ingredient in fertilizer, from Belarus....
https://knews.kathimerini.com.cy/en/comment/opinion/christodoulides-un-meeting-move-raises-public-image-concerns
Turkish Cypriot leader Ersin Tatar abruptly halted anticipated developments in August by rejecting an invitation to a trilateral meeting, insisting that there was no common ground between the two sides.
...
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/cypriot-athlete-tugolukova-16th-in-paris-olympics
Cyprus’ Vera Tugolukova placed 16th overall in Rhythmic Gymnastics at the 33rd Olympic Games in Paris....
https://knews.kathimerini.com.cy/en/business/eu-demands-cyprus-return-€101m-in-energy-project-funds
The Republic of Cyprus is preparing to respond to the European Commission by the first week of September regarding a demand to return €101 million in funding that was allocated for the Vasilikos energy terminal, Energy, Trade, and Industry Minister George Papanastasiou said Thursday....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-sees-23-profit-growth-raises-financial-targets
The Bank of Cyprus has announced a 23% increase in its profit after tax for the first half of 2024, reaching €270 million, compared to the same period in 2023. ...
https://knews.kathimerini.com.cy/en/news/cyprus-vasilikos-gas-terminal-project-fails-after-20-years
Cyprus has faced a protracted and troubled effort to introduce natural gas to its internal market for electricity generation over the past two decades. ...
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/impressive-olympic-outcomes-for-cypriot-athletes
The efforts of Pavlos Kontides and Denis Taradin in the sea present the most important chances of distinction among the representatives of the Cypriot delegation at the Paris Olympics....
https://knews.kathimerini.com.cy/en/news/central-bank-revises-gdp-growth-to-3
The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth rate for 2024, by 0.2 percentage points, to 3%......
https://knews.kathimerini.com.cy/en/news/marios-georgiou-achieves-historic-olympic-finish-despite-fall
Cypriot gymnast Marios Georgiou made history as one of the country's top Olympic performers, finishing sixth in the horizontal bar event with a score of 13.333.
...
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/uber-to-add-100-000-electric-cars-to-its-global-fleet
Uber has announced a deal to integrate 100,000 electric vehicles (EVs) from China's BYD into its global fleet....
https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-reports-€105-7m-net-profit-for-h1-2024
Eurobank Cyprus reported a net profit of €105.7 million for the first half of 2024, marking a 16% increase, or €14.9 million, compared to the same period in 2023....
https://knews.kathimerini.com.cy/en/business/wizz-air-now-flies-from-larnaca-to-cairo
Wizz Air the most environmentally sustainable airline globally1, is excited to announce a new route from Larnaca to Cairo. Starting on October 29, the new route will operate three times a week, on Tuesdays,...
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/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/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/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/cyprus-relaunches-lng-terminal-tender-after-€0-5b-contract-termination
Cyprus will soon launch tenders for the completion of the Liquefied Natural Gas Terminal for electricity generation, despite the termination of a €0.5 billion......
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/how-much-does-it-cost-to-stay-in-limassol-or-ayia-napa-this-august
August remains the prime month for holidays, with the period around August 15 being especially popular. ...
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/news/fda-approves-first-blood-test-for-colorectal-cancer-screening
The U.S. Food and Drug Administration has approved the first blood test for colorectal cancer screening for average-risk adults aged 45 and older, providing a new, less invasive option for early detection....
https://knews.kathimerini.com.cy/en/news/eu-prosecutor-probes-vasilikos-lng-project-for-fraud
The European Public Prosecutor's Office (EPPO) has launched an investigation into the Vasilikos liquefied natural gas (LNG) import terminal project in Cyprus, amid suspicions of public procurement fraud, misappropriation of EU funds, and corruption.
...
https://knews.kathimerini.com.cy/en/news/cypriot-students-face-€1-100-rents-in-limassol
Rising rental prices are placing significant strain on individuals seeking housing in Cyprus and Greece, with particular challenges faced by incoming university students. ...
