https://knews.kathimerini.com.cy/en/business/swiss-central-bank-slashes-interest-rates-to-0-to-fight-soaring-franc-and-deflation
In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....
https://knews.kathimerini.com.cy/en/business/ecb-poised-for-fall-rate-decision-as-growth-tariffs-and-inflation-weigh-in
The European Central Bank will reassess its interest rate policy this fall, weighing whether additional cuts are necessary after a recent series of reductions brought its main rate to 2%, with inflation easing to 1.9%....
https://knews.kathimerini.com.cy/en/business/savor-the-summer-flame-where-fire-meets-freshness-at-salt-fire
Salt & Fire isn't just a restaurant; it's an experience defined by exceptional hospitality and unforgettable flavors. Its custom-built wood-fire grill is the heart of it all, imparting a signature smoky essence and unparalleled taste to every dish....
https://knews.kathimerini.com.cy/en/news/not-even-a-water-pistol-minister-sounds-alarm-as-drought-threatens-kataklysmos-fun
As Cyprus heads into the long Kataklysmos weekend, a time usually marked by beach outings, fairs, and plenty of playful splashing, Agriculture Minister Maria Panagiotou has a firm message: it’s time to put an end to water fights....
https://knews.kathimerini.com.cy/en/news/heads-up-low-flying-helicopters-to-clean-power-lines-across-cyprus
The Electricity Authority of Cyprus (EAC) has announced that a helicopter will be flying low over towns and villages across the island from June 10 to June 30, as part of a scheduled maintenance program to clean high-voltage insulators on transmission lines....
https://knews.kathimerini.com.cy/en/business/good-news-for-borrowers-as-ecb-to-cut-interest-rates
The European Central Bank (ECB) is widely expected to cut its key interest rates by 0.25% this Thursday, a move that could bring welcome relief for borrowers and banks in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/welfare-ministry-denies-child-benefit-cuts-calls-report-misleading
The Deputy Ministry of Social Welfare has refuted claims that the Child Benefit has been cut, instead announcing an increase in the allowance and an expansion in eligibility to include all middle-class families....
https://knews.kathimerini.com.cy/en/comment/opinion/cypriots-rush-to-borrow-as-rates-drop-but-are-banks-repeating-old-mistakes
As interest rates continue their downward trend, and with further cuts expected, borrowers are feeling more confident. This isn’t hearsay from bank insiders or coffee shop chatter; ...
https://knews.kathimerini.com.cy/en/news/water-supply-in-paphos-secure-through-2025
Domestic water supply for the greater Paphos area is secured through the end of 2025, according to the Ministry of Agriculture, following a high-level meeting of local and national officials at the Paphos District Water Board....
https://knews.kathimerini.com.cy/en/news/tourist-beaten-over-sunbed-dispute-on-turkish-beach
A summer getaway turned violent on a beach in Alanya, Turkey, when a tourist was viciously attacked after refusing to pay for a sunbed, an incident that’s drawn widespread outrage and prompted swift action from local authorities....
https://knews.kathimerini.com.cy/en/news/desalination-units-set-to-arrive-in-cyprus-by-end-of-may
Mobile desalination units from the United Arab Emirates are expected to arrive in Cyprus by the end of May, as efforts to address the island’s water supply issues continue, a senior official said Tuesday....
https://knews.kathimerini.com.cy/en/news/cyprus-avoids-water-cuts-but-your-bill-might-take-a-hit
Cyprus has sidestepped water cuts this summer thanks to a last-minute deal with the United Arab Emirates for 15 mobile desalination units....
https://knews.kathimerini.com.cy/en/news/government-hourly-workers-say-they-re-fed-up-and-they-want-a-raise
It’s official: Cyprus’ hourly government employees are tired of feeling like second-class citizens in their own departments....
https://knews.kathimerini.com.cy/en/business/why-electric-vehicle-grants-are-being-put-on-hold
The Cyprus Ministry of Transport has reduced its electric vehicle (EV) grant allocation due to low demand, scaling back funding from €38 million to €32.8 million. ...
https://knews.kathimerini.com.cy/en/news/un-warns-of-resurgence-in-deadly-diseases
Measles, meningitis, and yellow fever, once largely contained through widespread immunization, are resurging globally due to vaccine misinformation, reduced international aid, and health system strain, the United Nations and partner agencies warned Wednesday....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-cuts-loan-rates-again-giving-borrowers-a-breather
Good news is finally landing in the inboxes of thousands of borrowers across Cyprus, as the Bank of Cyprus announced another interest rate cut that should make monthly loan payments a little easier to swallow....
https://knews.kathimerini.com.cy/en/business/mortgage-rates-dip-in-cyprus-but-we-re-still-paying-more-than-the-rest-of-europe
Mortgage interest rates in Cyprus dipped slightly in February, offering some relief to prospective homeowners, but don't pop the champagne just yet. Despite the modest cuts, borrowing in Cyprus remains noticeably more expensive than in the rest of the Eurozone....
https://knews.kathimerini.com.cy/en/business/silicon-valley-backed-trump-but-gets-no-favor-in-return
Silicon Valley's top tech titans may have bet big on Donald Trump’s second term, but they’re finding little return on their investment....
https://knews.kathimerini.com.cy/en/news/violent-confrontation-in-oroklini-leaves-man-seriously-injured-infant-hospitalized-videos
A violent confrontation erupted on Saturday at an apartment complex in Oroklini, Larnaca, leaving a foreign man seriously injured and a 9-month-old infant hospitalized as a precaution....
https://knews.kathimerini.com.cy/en/news/trump-unveils-$5m-‘trump-card-for-citizenship-is-it-right-out-of-the-cyprus-playbook
In classic Trump fashion, the president made headlines yet again—this time mid-air aboard Air Force One—by unveiling a new “Trump Card” aimed at wealthy foreign investors....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-water-cuts-this-summer-despite-new-government-measures
Cyprus is bracing for a tough summer as the risk of water cuts remains high, despite new government measures aimed at tackling the ongoing water scarcity issue....
https://knews.kathimerini.com.cy/en/news/double-cabins-photovoltaic-cuts-and-a-never-ending-trial-cyprus-comedy-of-errors
We’ve had comical escapes, photovoltaic cutoffs, electricity from the occupied areas, a paramilitary group that refuses to acknowledge the state, and poor Giannakis managing to postpone his trial 18 times (yes, eighteen). ...
https://knews.kathimerini.com.cy/en/news/fury-in-parliament-over-solar-energy-cuts
A heated confrontation erupted in parliament between MPs and the Distribution System Operator (DSO) over restrictions on home-installed photovoltaic (PV) systems. ...
https://knews.kathimerini.com.cy/en/news/trump-moves-to-dismantle-the-department-of-education
President Donald Trump has signed an executive order to begin dismantling the U.S. Department of Education, fulfilling a long-standing campaign promise....
https://knews.kathimerini.com.cy/en/news/grid-limitations-threaten-cyprus-green-energy-boom
Cyprus’ green energy transition, once a major draw for investors, is now facing serious roadblocks as the national electricity grid struggles to handle more renewable energy projects. ...
https://knews.kathimerini.com.cy/en/news/french-mep-calls-for-return-of-statue-of-liberty-citing-us-departure-from-its-values
French MEP Raphael Glucksmann has stirred controversy by suggesting that the United States should return the Statue of Liberty to France....
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/comment/opinion/from-panels-for-everyone-to-blackouts-for-all-how-did-we-manage-to-mess-this-up
The whole solar panel initiative could have been—let’s be honest—one of the few success stories of the government.
...
https://knews.kathimerini.com.cy/en/news/solar-power-minus-the-power-as-homeowners-left-in-the-dark
Citizens who installed photovoltaic (solar) systems in Cyprus are feeling left in the dark and frustrated as their green energy is continuously cut off, leaving them to rely on conventional electricity. ...
https://knews.kathimerini.com.cy/en/news/ecb-cuts-interest-rates-by-25-basis-points-as-inflation-eases
The European Central Bank (ECB) announced on Thursday a fresh interest rate cut, lowering its three key rates by 25 basis points in a bid to support the eurozone economy as inflation gradually eases....
