https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-eyes-direct-flights-to-the-u-s-aiming-for-new-heights-in-tourism
Let’s accept that we may not solve everything, but we can aim to address some key issues. At the very least, we should lay the groundwork for their resolution....
https://knews.kathimerini.com.cy/en/news/public-sector-salaries-to-increase-by-1-5-starting-october-2024
Cyprus' House of Representatives has passed an agreement between the government and trade unions to implement a general 1.5% wage increase for public......
https://knews.kathimerini.com.cy/en/news/effort-to-create-new-cooperative-bank-in-cyprus-begins-with-ipo-search
The Cypriot company for the promotion of the cooperative movement is at the process of seeking an investment firm that would underwrite an initial public offering for the creation of a “small cooperative bank” in Cyprus that would replace the Cooperative Cyprus Bank which went into liquidation back in 2018, Panikos Hambas told CNA....
https://knews.kathimerini.com.cy/en/news/flight-cancellations-leave-air-haifa-struggling-for-passengers
Air Haifa, a new low-cost airline, completed its inaugural flight on the Tel Aviv-Larnaca route yesterday morning. Upon returning from Larnaca, passengers were surprised to find the flight nearly empty, a rare occurrence during this peak travel season for the Israeli aviation industry....
https://knews.kathimerini.com.cy/en/business/disputes-delay-pafos-polis-chrysochous-motorway-project
In today's Oikonomiki, Dorita Yiannakou reports that the ongoing dispute between the Greek construction company Intrakat and the State over the Pafos-Polis Chrysochous motorway project has led to a stalled construction timeline and potential penalties. ...
https://knews.kathimerini.com.cy/en/news/delays-hit-€85-traffic-fine-reduction-law
Three months after the unanimous approval by Cyprus’ Parliament to reduce fines for traffic violations caught by stationary cameras, the law has yet to be implemented.
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https://knews.kathimerini.com.cy/en/comment/opinion/european-court-ruling-hits-cyprus-over-refugee-return-case
The past week has been a striking blow to the politics of Nikos Nouris, his supporters, and potential successors....
https://knews.kathimerini.com.cy/en/comment/opinion/a-black-day-for-justice-in-cyprus
September 18, 2024 will be marked as another Black Day for Democracy and the start of a slippery road to a new phase in the political life of Cyprus....
https://knews.kathimerini.com.cy/en/news/tesla-unveils-robotaxi-and-optimus-robot-at-‘we-robot-event
Tesla CEO Elon Musk showcased the company’s latest autonomous vehicle, the Cybercab Robotaxi, during the "We, Robot" event at Warner Bros. Studios on Thursday....
https://knews.kathimerini.com.cy/en/news/von-der-leyen-backs-€5-million-paphos-haemodialysis-expansion
The new Dialysis Unit at Paphos General Hospital was officially inaugurated this morning by Cyprus President Nicos Christodoulides and European Commission President Ursula von der Leyen....
https://knews.kathimerini.com.cy/en/business/soaring-prices-of-fruits-and-vegetables-hitting-consumers-hard
Cypriot consumers are feeling the pinch as the prices of fruits, vegetables, and greens have surged, making it harder for households to purchase these essential goods....
https://knews.kathimerini.com.cy/en/business/digital-transformation-or-vanish
Historically our world has experienced significant eras spanning from the medieval eras, Renaissance, Scientific Revolution, Industrial Revolution, World War Era and others....
https://knews.kathimerini.com.cy/en/news/florida-counts-the-cost-tornadoes-flooding-and-milton-s-impact
Hurricane Milton, a Category 3 storm, made landfall in Sarasota County, Florida, near Siesta Key at 8:30 p.m. local time on Wednesday, the National Hurricane Center (NHC) said....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-hike-mortgage-rates-as-new-loans-drop-by-a-third-in-august
Banks in Cyprus raised the interest rates on home loans in August, while reducing the interest rates offered on household deposits, according to data released by the Central Bank of Cyprus on Wednesday....
https://knews.kathimerini.com.cy/en/news/government-terminates-e-justice-contract-after-failures
A termination letter was sent today (October 2) by the relevant State Ministry, following consultations with the Legal Service, to officially end the contract for the e-justice system due to issues that arose last January. According to reports, the ministry will initiate legal action against the contractor....
https://knews.kathimerini.com.cy/en/news/electricity-subsidies-and-zero-vat-on-essentials-to-end-on-october-1st
The Ministry of Finance announced today that starting October 1, 2024, it will stop the staggered electricity subsidy and the zero VAT rate on basic goods. These measures were designed to help households deal with rising costs of living....
https://knews.kathimerini.com.cy/en/news/public-sector-salaries-to-increase-by-1-5-costing-€52-7-million
A proposed 1.5% pay raise for public sector employees in Cyprus will cost the state about €52.7 million over the next two years. This increase is set to start on October 1, 2024....
https://knews.kathimerini.com.cy/en/news/amendment-introduced-to-share-geopolitical-risks-equally-on-gsi
Late last night, Greece's Ministry of Environment and Energy introduced an important amendment that aims to share the geopolitical risks equally between Greece and Cyprus for the Great Sea Interconnector, ...
https://knews.kathimerini.com.cy/en/news/first-student-housing-set-to-open-in-old-town-nicosia
The first student residence inside Nicosia’s walled city will open in November, offering 13 rooms as part of a larger plan to create 380 student spaces. ...
https://knews.kathimerini.com.cy/en/news/cera-approves-€125m-for-cyprus-crete-power-link
The Cyprus Energy Regulatory Authority (CERA) has approved an annual investment recovery of €25 million for the Cyprus-Crete electricity interconnection project, also known as the Great Sea Interconnector (GSI), covering the period from January 1, 2025, to December 31, 2029....
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-falls-to-2-2-in-august
Inflation in Cyprus dropped to 2.2% in August, down from 2.4% in July, matching the overall trend in the eurozone. Across the EU, inflation also fell to 2.4%, compared to 2.8% the previous month, according to Eurostat. A year ago, inflation rates were higher, with Cyprus at 3.1% and the eurozone at 5.2%....
https://knews.kathimerini.com.cy/en/news/moody-s-sees-positive-outlook-for-hellenic-bank-following-eurobank-deal
Moody’s upgraded Hellenic Bank’s credit rating to Baa2 from Baa3 on Wednesday, citing the recent acquisition of a 56% stake by Eurobank S.A. The agency also revised the bank's outlook to positive.
...
https://knews.kathimerini.com.cy/en/news/sweden-to-pay-migrants-up-to-$34-000-to-return-home
Sweden is making significant changes to its migrant policies, marking a ''paradigm shift'' aimed at reversing decades of leniency. ...
https://knews.kathimerini.com.cy/en/comment/opinion/will-the-great-sea-interconnector-become-another-failed-project
The Cyprus-Greece electrical interconnection, known as the Great Sea Interconnector, has highlighted the challenges of publicly discussing such a significant project....
https://knews.kathimerini.com.cy/en/news/cyprus-and-greece-near-deal-on-critical-electricity-interconnection-project
The upcoming visit of Cypriot President Nicos Christodoulides to Athens on Wednesday could mark the end of months of uncertainty surrounding the Cyprus-Crete electricity interconnection project, according to a report by Apostolos Tomaras in Sunday's Kathimerini....
https://knews.kathimerini.com.cy/en/news/30-000-boeing-workers-strike-as-labor-contract-rejected
Over 30,000 Boeing workers, about 20% of the company’s workforce, are preparing to strike on Friday after rejecting a proposed labor contract....
https://knews.kathimerini.com.cy/en/news/what-makes-a-good-salary-across-europe-s-capitals
What constitutes a good salary in Europe can vary greatly depending on several factors, including profession, education, and individual expectations. ...
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/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. ...