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/news/paphos-polis-killer-road-to-become-four-lane-highway-after-years-of-delays
The long-debated Paphos-Polis Chrysochous road project is finally moving forward—with a major upgrade. What was once planned as a two-lane highway will now be a four-lane road, a move the government says will improve safety and boost economic growth in the region....
https://knews.kathimerini.com.cy/en/news/cyprus-strikes-energy-deals-but-‘aphrodite-gas-delayed-until-2031
Last Friday marked the conclusion of long-running negotiations between the Republic of Cyprus and the consortium developing the Aphrodite gas field, led by U.S. energy giant Chevron. ...
https://knews.kathimerini.com.cy/en/news/cyprus-government-gives-hotels-deadline-to-get-licensed-or-face-closure
The government is giving unlicensed hotels and tourist accommodations a two-year window to secure their operating licenses, with specific milestones and actions outlined along the way. ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-cyprus-cabinet-s-romantic-february-14-meeting
On Friday, February 14th, President of Cyprus called for an emergency Cabinet meeting. Naturally, many assumed it was to discuss Valentine’s Day – flowers, chocolates, etc. – ...
https://knews.kathimerini.com.cy/en/news/serious-allegations-regarding-fuel-prices-and-black-market-of-photovoltaic-systems
Marios Drousiotis highlighted an official admission from the Ministry of Energy, Commerce, and Industry confirming consumers' long-standing complaints about human error affecting fuel price monitoring, resulting in inflated prices....
https://knews.kathimerini.com.cy/en/business/millions-spent-little-progress-how-government-failures-derailed-the-paphos-polis-road-project
The Paphos-Polis Chrysochous road project has become a financial and legal mess, with millions already spent but little to show for it. Delays, contract disputes, and a legal loophole are holding up the project’s completion,...
https://knews.kathimerini.com.cy/en/news/limnes-migrant-centre-in-larnaca-to-be-completed-by-year-end-photos
The new Limnes Accommodation Centre, designed to house applicants for international protection and those awaiting repatriation, is set to be completed by the end of 2023. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-s-car-market-is-a-tangled-mess
On Monday, February 3rd, manufacturers decided to immobilize 138 vehicles due to the risk of faulty TAKATA airbags, and another 138 due to brake issues....
https://knews.kathimerini.com.cy/en/news/276-cars-ordered-off-cyprus-roads-over-airbag-and-brake-defects
Hundreds of vehicles in Cyprus are being taken off the roads immediately due to serious safety concerns linked to faulty airbags and braking systems. ...
https://knews.kathimerini.com.cy/en/news/new-eu-directive-to-shake-up-electricity-pricing-in-cyprus
https://knews.kathimerini.com.cy/en/news/pay-as-you-throw-roadmap-agreed-despite-20-obstacles
A roadmap for implementing the "Pay as You Throw" system by municipalities and communities was agreed upon on Thursday during a meeting hosted by the Ministry of Agriculture, Rural Development, and Environment....
https://knews.kathimerini.com.cy/en/news/unions-push-back-on-new-foreign-worker-rules
Trade unions are clashing over the proposed framework for regulating the employment of workers from third countries. ...
https://knews.kathimerini.com.cy/en/news/traffic-violations-from-2022-and-2023-may-be-invalid-lawyer-says
If you’ve been caught on camera for a traffic violation in Cyprus and haven’t received an out-of-court notice or seen your case brought to court within 12 months, your offence may no longer be valid....
https://knews.kathimerini.com.cy/en/news/us-patent-office-seeks-clarity-on-turkaegean-trademark
In what is seen as a procedural yet significant development, the Trademark Trial and Appeal Board of the United States Patent and Trademark Office (USPTO) has requested further clarifications from Turkey regarding its choice of the term “TurkAegean” to promote local tourism, Kathimerini has learned....
https://knews.kathimerini.com.cy/en/news/volunteers-wanted-for-fiba-eurobasket-2025-in-cyprus
Do you love basketball? Enjoy being part of something big? Then here’s your chance to jump into the action. Cyprus is gearing up to host the FIBA EuroBasket 2025, and they’re on the lookout for volunteers to help make it a slam dunk of an event....
https://knews.kathimerini.com.cy/en/news/cyprus-increases-interest-rates-on-arrears-and-court-cases-for-2025
Starting January 1, 2025, Cyprus is increasing interest rates related to arrears and court cases, which could affect anyone with overdue debts to the state or those involved in legal disputes....
https://knews.kathimerini.com.cy/en/business/new-labour-decrees-in-cyprus-a-win-for-skilled-workers-and-foreign-students
Cyprus is making moves to boost its workforce and fill gaps in key sectors with new policies that give both skilled professionals and foreign students more opportunities. ...
https://knews.kathimerini.com.cy/en/news/is-dubai-cracking-down-on-drug-lords-and-money-launderers
Dubai’s glitzy reputation as a playground for Europe’s most notorious drug lords and money launderers may finally be under threat....
https://knews.kathimerini.com.cy/en/news/francois-bayrou-appointed-france-s-new-prime-minister
In a move aimed at stabilizing France's fractured political landscape, President Emmanuel Macron has appointed François Bayrou as the new Prime Minister, the Elysée announced on Friday. ...
https://knews.kathimerini.com.cy/en/news/us-expands-cyprus-defence-role
US defence cooperation with Cyprus just took a significant step forward. Thanks to a new amendment to the US National Defence Authorization Act (NDAA), ...
https://knews.kathimerini.com.cy/en/news/debate-intensifies-over-proposed-5-tax-on-bank-profits-in-cyprus
According to a report by Panayiotis Rougalas in today's 'Oikonomiki', a controversial proposal to introduce a 5% tax on bank profits in Cyprus is racing against time to be debated in Parliament before the Christmas recess....
https://knews.kathimerini.com.cy/en/business/cyprus-in-turmoil-as-labor-disputes-shake-key-sectors
According to a report by Dorita Yiannakou in today's 'Oikonomiki', labor disputes across several key sectors in Cyprus are causing widespread unrest, as workers and unions push for improved conditions and contract renewals....
https://knews.kathimerini.com.cy/en/news/aris-│-a-really-inspiring-story-is-looking-to-cultivate-new-stories-of-success
https://knews.kathimerini.com.cy/en/business/cyprus-faces-multi-million-euro-losses-as-major-development-projects-collapse
Cyprus is facing significant financial and logistical challenges following the abrupt termination of contracts for major infrastructure projects, with some cases likely to lead to costly legal battles....
https://knews.kathimerini.com.cy/en/business/yet-another-contractor-get-axed-over-major-project-delays
Cyprus’s Ministry of the Interior has terminated the employment of the engineer and contractor for the Liopetri Fishing Shelter and River Restoration Project due to long-standing delays and unmet contractual obligations, according to an announcement by the ministry....
https://knews.kathimerini.com.cy/en/business/cyprus-fires-contractor-on-stalled-pafos-polis-motorway-project
The Cyprus Department of Public Works announced it is terminating its contract with INTRACOM Constructions S.A., the company responsible for the stalled Pafos-Polis Chrysochous motorway project,
...
https://knews.kathimerini.com.cy/en/news/akamas-road-project-delayed-again-as-investigation-continues
Decisions on key issues surrounding Akamas—particularly potential disciplinary proceedings for the first phase of the road network and the resumption of related work—are running behind schedule....
https://knews.kathimerini.com.cy/en/news/first-affordable-housing-block-for-refugees-in-cyprus-to-be-ready-in-20-months
In 20 months, the first apartment building under the government’s "KtiZO" Plan in the Apostolos Andreas Housing Settlement in Latsia will be completed....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-2024-deadline-to-align-with-eu-regulations-on-foreign-investments
Cyprus faces a deadline by the end of 2024 to align with the European regulation governing large foreign investments....