https://knews.kathimerini.com.cy/en/news/baltimore-turns-to-container-owners-for-ship-salvage-funds
The owner and manager of the massive container ship that took down the Francis Scott Key Bridge last month should be held fully liable for the deadly collapse, according to court papers filed Monday on behalf of Baltimore’s mayor and city council....
https://knews.kathimerini.com.cy/en/news/minister-stands-against-early-fees-for-great-sea-interconnector
Cypriot electricity consumers should not be burdened with a surcharge before the operation of the electricity interconnector linking Greece and Cyprus and the consequent reduction of electricity costs, Minister of Energy, Commerce and Industry George Papanastasiou said on Monday....
https://knews.kathimerini.com.cy/en/news/nicosia-ring-road-faces-setbacks-delays-and-budget-overruns
The Nicosia Ring Road project, a cornerstone of infrastructure development in Cyprus, has encountered significant setbacks, including delays and budget overruns, casting a shadow over its completion prospects and anticipated benefits, according to a report by Apostolos Tomaras in Kathimerini's Sunday edition....
https://knews.kathimerini.com.cy/en/news/famagusta-s-tourism-success-development-struggles
Famagusta Province in Cyprus boasts the highest tourism revenue contribution nationwide, but falls short in infrastructure development and enhancement projects....
https://knews.kathimerini.com.cy/en/news/mfa-audit-uncovers-misuse-of-public-funds-and-abuse-of-power
A recent audit conducted by the Audit Service of the Ministry of Foreign Affairs (MFA) has revealed instances of misappropriation of public money and abuse of power spanning the years 2021 and 2022....
https://knews.kathimerini.com.cy/en/business/tensions-mount-over-great-sea-interconnector
The Greek Energy Minister, Theodoros Skylakakis, expressed frustration at the Delphi Economic Forum regarding the tactics employed by the Cypriot government concerning the final investment decision on the Great Sea Interconnector power cable. ...
https://knews.kathimerini.com.cy/en/news/middle-east-conflict-fuels-fear-of-$100-per-barrel
The recent Iranian attack on Israel serves as a stark reminder of the ever-shifting geopolitical dynamics in the Middle East, with potential ramifications extending......
https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/business/epic-business-one-is-here-to-solve-every-communication-need-of-your-business
Every business has some basic needs, regardless of size and type. These needs come in addition to the already significant demands and challenges that an entrepreneur may face when managing their business....
https://knews.kathimerini.com.cy/en/news/turkey-blocks-exports-to-israel-amid-gaza-conflict
Turkey announced it's blocking exports of 54 different product categories to Israel until a ceasefire is declared in Gaza. This move comes as a response to Israel's military operations in Gaza....
https://knews.kathimerini.com.cy/en/business/businesses-turn-to-banks-amid-funding-crunch
In 2023, businesses encountered a tough road ahead when it came to securing loans, as costs continued to climb....
https://knews.kathimerini.com.cy/en/news/cyprus-president-returns-from-lebanon-with-promises-fulfilled
President Nikos Christodoulides' whirlwind journey to Beirut has drawn to a close, yet the true test of its impact lies on the horizon, amidst the waves. ...
https://knews.kathimerini.com.cy/en/news/thousands-of-students-whereabouts-unknown-in-occupied-territories
An investigation conducted by a parliamentary committee in the occupied territories has unveiled a concerning reality: between 4,000 to 10,000 individuals with student status remain unaccounted for, as reported by the "immigration department."...
https://knews.kathimerini.com.cy/en/news/lebanon-to-cyprus-$3000-per-person-for-the-deadly-journey
The security authorities of the Republic were not oblivious to the presence of networks smuggling illegal immigrants westwards through Cyprus, ...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-electricity-market-struggles-amid-smart-meter-setback
Cyprus faces significant hurdles in its electricity sector, notably in establishing a fair and competitive market. This impacts consumer choice of suppliers and efforts to transition to cleaner energy sources at home....
https://knews.kathimerini.com.cy/en/news/meet-e-kofini-a-tool-to-lift-veil-on-food-prices
The Ministry of Agriculture is gearing up to unveil a cutting-edge digital tool aimed at bringing greater transparency to the often murky world of agricultural product pricing....
https://knews.kathimerini.com.cy/en/comment/opinion/fortifying-digital-banks-and-battling-cyber-threats
The period we are going through raises serious concerns about the security of critical digital infrastructures. Among these, the most significant are those of banks, and in this direction...
https://knews.kathimerini.com.cy/en/news/can-high-speed-trains-boost-birth-rates-in-south-korea
In a bold move to combat its plummeting birth rates, South Korea has unveiled a groundbreaking initiative: the Great Train eXpress (GTX)....
https://knews.kathimerini.com.cy/en/news/are-you-ready-to-lose-an-hour-of-sleep
Get ready to adjust your clocks because daylight saving time is making its comeback this Sunday, March 31st....
https://knews.kathimerini.com.cy/en/news/government-implements-measures-to-alleviate-rising-prices
In response to concerns over price hikes, the government has unveiled a set of targeted and broad-ranging measures aimed at alleviating financial strain for citizens. ...
https://knews.kathimerini.com.cy/en/news/finance-ministry-to-shield-vulnerable-homes-from-price-hikes
The forthcoming measures are set to target specific areas, not just spread thinly across the board, in the fight against rising prices....
https://knews.kathimerini.com.cy/en/news/government-mulls-support-extension-amidst-rising-costs
The Council of Ministers convenes on Thursday for an extraordinary session to approve a new package of targeted measures to alleviate pressures from price hikes....
https://knews.kathimerini.com.cy/en/business/cyprus-braces-for-soaring-fuel-prices
Cyprus braces for a significant hike in motor fuel prices by mid-April, with increases of 10 cents per liter expected to impact consumer spending across the island nation, according to a report by Kathimerini's Maria Eraclous....
https://knews.kathimerini.com.cy/en/news/small-farms-dominate-85-of-eu-agricultural-aid
Farmers with small farms constitute more than 85% of the beneficiaries of Common Agricultural Policy subsidies in Cyprus, Minister for Maria Panayiotou said in her intervention......
https://knews.kathimerini.com.cy/en/business/cyprus-aims-for-vasilikos-lng-terminal-completion-by-2024
Cyprus aims to complete construction of the Liquified Natural Gas (LNG) terminal in Vasilikos by the end of 2024, according to Energy Minister George Papanastasiou on Monday....
https://knews.kathimerini.com.cy/en/news/labor-minister-discusses-cost-of-living-allowance-for-cyprus
In an interview with Oriana Papantoniou, Minister of Labor and Social Insurance Yiannis Panayiotou highlighted the significant strides made during his first year in office, emphasizing a people-centric approach to governance. ...
https://knews.kathimerini.com.cy/en/comment/opinion/how-rising-costs-are-changing-social-lives
Katerina P. has a job that brings in around 1,500 euros a month....
https://knews.kathimerini.com.cy/en/news/cyprus-construction-costs-fall-2-23-in-2024
Price Index of Construction Materials in Cyprus recorded an annual decline of 2.23% in the first two months of 2024, reflecting the de-escalation path......
https://knews.kathimerini.com.cy/en/business/$4-25m-per-dose-to-cure-rare-genetic-disease-in-children
The recent approval of Lenmeldy, a gene therapy designed to combat the fatal genetic disorder metachromatic leukodystrophy (MLD), has made headlines as it comes with a staggering price tag of $4.25 million per treatment. ...
https://knews.kathimerini.com.cy/en/business/cyprus-labor-costs-surge-5-4
In the 4th quarter of 2023, the hourly labour costs (total cost) increased by 5.4%, compared with the same quarter of the previous year, according to provisional data, published by the Statistical Service on Tuesday....
