https://knews.kathimerini.com.cy/en/news/here-s-where-the-11-new-atms-will-be-installed-in-cyprus
The two major banks in Cyprus, Bank of Cyprus and Hellenic Bank, are moving forward with agreements made with President Christodoulides....
https://knews.kathimerini.com.cy/en/news/nicosia-mayor-sounds-alarm-over-city-s-financial-crisis
Nicosia’s mayor, Charalambos Prountzos, has raised the alarm over the capital’s financial situation, warning that without immediate state support, the municipality will struggle to meet its obligations. ...
https://knews.kathimerini.com.cy/en/news/nearly-1-in-5-households-in-cyprus-unable-to-keep-homes-warm
A recent European report has shed light on a concerning issue in Cyprus: nearly one in five households is struggling to keep their homes warm....
https://knews.kathimerini.com.cy/en/business/the-best-bank-to-ever-come-out-of-cyprus
The management of Hellenic Bank has set an ambitious goal for the new structure that will emerge in the coming months following its consolidation with Eurobank Cyprus....
https://knews.kathimerini.com.cy/en/business/cyprus-economic-growth-faces-challenges-lenders-highlight-key-concerns
The Cypriot economy is showing strong signs of growth, with GDP expected to rise by over 3% and unemployment dropping below 5% in 2024. Private consumption continues to play a key role in driving this growth. ...
https://knews.kathimerini.com.cy/en/business/aegean-reports-strong-2024-results-with-record-revenue-and-passenger-growth
AEGEAN announces its operating and financial results for fiscal year 2024....
https://knews.kathimerini.com.cy/en/news/buying-direct-can-save-you-nearly-40-on-fresh-fruits-and-vegetables
If you're looking to cut your grocery bill, skipping the middleman and buying directly from local producers might be your best bet. ...
https://knews.kathimerini.com.cy/en/news/ancient-alexandria-crumbles-as-rising-seas-threaten-its-future
Alexandria, Egypt’s historic port city, is facing an escalating crisis due to climate-driven coastal erosion and rising sea levels....
https://knews.kathimerini.com.cy/en/comment/opinion/whispers-of-power-lent-friendly-meals-and-a-mission-impossible
These are whispers—'Whispers of the Heart', as Michalis Hatzigiannis once sang—so take them with a grain of salt. A meeting reportedly took place between Young Nikos and Elder Nikos....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-‘together-we-are-changing-cyprus
President Nicos Christodoulides reflected on his administration’s accomplishments during a televised sit-down with journalists, marking two years since he took office....
https://knews.kathimerini.com.cy/en/news/investigation-deepens-into-moldovan-woman-s-death
Humanitarian organizations are urging an immediate and thorough investigation into the death of 24-year-old Anastasia Melega, a Moldovan woman whose body was discovered in a nightclub bathroom in the Turkish-occupied part of Cyprus....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-spends-millions-on-traffic-cameras-forgets-to-add-timers
In Cyprus, we seem to have mastered the fine art of spending taxpayer money, even if it’s not exactly for things we need. Case in point: the 36 million euros spent on our photo-identification traffic camera system, which, it turns out, doesn’t have a simple feature—timers on traffic lights....
https://knews.kathimerini.com.cy/en/news/end-of-an-era-manchester-united-to-leave-old-trafford-after-115-years
Manchester United has officially announced plans to move out of Old Trafford, their home for the past 115 years, and build a brand-new, state-of-the-art stadium next door. The proposed 100,000-seater venue will become the largest football stadium in the UK....
https://knews.kathimerini.com.cy/en/news/lack-of-certificate-of-occupancy-puts-homeowners-at-risk-in-rent-to-mortgage-plan
A surprising revelation in the ongoing discussion about the Rent to Mortgage Scheme has raised concerns for homeowners across Cyprus: around 60% of the properties involved in the scheme do not have an official certificate of occupancy, meaning that a building complies with all necessary regulations and is safe for use or habitation....
https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-stronger-in-2024-with-a-net-profit-of-€214mn
Eurobank Cyprus ended 2024 with increased profitability strong capital adequacy and maintained its good loan portfolio quality. The results reaffirm the Bank’s sound performance and resilience, the effective management of challenges in 2024,...
https://knews.kathimerini.com.cy/en/comment/opinion/too-much-sun-too-much-wind-too-little-strategy
If there's too much sun, we face energy problems because the solar panels collect more energy than we can store. If it's too cold, we face problems because the system can't handle the increased demand for heating....
https://knews.kathimerini.com.cy/en/business/the-resident-billionaires-behind-cyprus-rise-as-a-global-business-hub
Cyprus has quietly become a magnet for some of the world's wealthiest individuals, transforming the island into a hub for global business and investment. ...
https://knews.kathimerini.com.cy/en/business/net-billing-to-replace-net-metering-what-you-need-to-know
Cyprus is set to transition from the current net-metering system to net-billing for new residential solar energy systems, with the backing of the European Union....
https://knews.kathimerini.com.cy/en/business/vasilikos-project-needs-another-€200-million—will-it-ever-be-finished
The ambitious Vasilikos gas terminal project in Cyprus is facing significant financial and logistical hurdles, with an additional €200 million needed to complete construction. ...
https://knews.kathimerini.com.cy/en/business/global-fintech-investment-falls-to-seven-year-low-of-$95-6-billion-in-2024-but-uptick-in-q4-24-is-a-sign-of-cautious-optimism-says-kpmg-s-pulse-of-fintech-h2-24
2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....
https://knews.kathimerini.com.cy/en/news/larnaca-airport-vendors-dodge-60-cent-water-price-cap
Travelers passing through Larnaca Airport might be surprised to find that while a government-mandated price cap sets the cost of a 500ml bottled water at just 60 cents, actually finding one at that price is a different story....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-high-tech-underwater-drones-to-safeguard-artificial-reefs
Cyprus is making waves with a groundbreaking project that uses small, high-tech underwater drones to keep an eye on artificial reefs designed to help marine life thrive. ...
https://knews.kathimerini.com.cy/en/news/skyup-airlines-to-launch-larnaca–chisinau-flights-in-april
SkyUp Airlines is set to launch a new direct route between Larnaca and Chisinau, Moldova, starting April 19, 2025, with three weekly flights....
https://knews.kathimerini.com.cy/en/news/outrage-over-excessive-inspection-charges-in-takata-airbag-recall
Companies conducting vehicle inspections as part of the Takata airbag recall are under fire for imposing hefty administrative fees, with some charging up to €160 for inspections that should be free under European regulations. ...
https://knews.kathimerini.com.cy/en/news/cans-for-kids-donates-over-€14-500-in-medical-equipment-to-limassol-hospital
In an act of support for local healthcare, Cans For Kids has donated a state-of-the-art medical device to the neonatal department at Limassol Hospital. ...
https://knews.kathimerini.com.cy/en/news/police-demand-€45-000-for-carnival-security-sparks-outrage
A €45,000 bill from the police to Limassol's local authorities for security at this year's Sunday carnival parade has stirred heated reactions, with municipal officials calling the demand unacceptable and legally baseless....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-rolls-out-the-red-carpet-for-civil-servants
A decade after the financial crisis that forced Cyprus to slash public sector benefits under the terms of its bailout agreement, the government is now gradually rolling back austerity measures — handing back perks to civil servants in a move seen as both politically strategic and potentially risky....
https://knews.kathimerini.com.cy/en/business/fintech-giants-eye-cyprus-small-banks-in-race-for-european-banking-licenses
Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...
https://knews.kathimerini.com.cy/en/news/agia-varvara-residents-demand-fair-compensation-for-power-surge-damages
Residents of Agia Varvara are voicing their frustration after a sudden power surge on January 23 destroyed electrical appliances in their homes....
https://knews.kathimerini.com.cy/en/news/nicosia-s-old-gsp-transformed-into-urban-park-ready-for-public-use
The long-awaited redevelopment of the old GSP site is nearly complete and is set to be handed over to the Nicosia Municipality in March.
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