https://knews.kathimerini.com.cy/en/business/2024-a-year-that-seriously-damaged-cyprus-s-investment-reputation
2024 will go down in history as a year that seriously damaged Cyprus’s investment reputation, with the collapse of several high-profile state projects....
https://knews.kathimerini.com.cy/en/news/stephen-knight-is-healing-hearts-and-saving-dogs
Stephen Knight, the founder of Dogs Matter, was celebrated as CNN’s Hero of the Year for 2024, recognized for his heartfelt mission of fostering dogs while their owners focus on overcoming addiction....
https://knews.kathimerini.com.cy/en/business/cyprus-risks-losing-grip-on-interconnector-amid-french-power-move
A reported agreement between Greece’s ADMIE and French investment fund Meridiam could alter the energy landscape of the Eastern Mediterranean, especially for Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-biggest-corruption-cases-head-towards-a-verdict-in-2025
The Independent Anti-Corruption Authority is gearing up for a pivotal 2025, with several high-profile investigations nearing their conclusions....
https://knews.kathimerini.com.cy/en/news/nicosia-s-old-gsp-redevelopment-faces-delays-but-progress-accelerates
The redevelopment of the old GSP in Nicosia, originally set to finish by November 2023, has faced delays but is now moving forward, according to a report by Kathimerini's Dorita Yiannakou....
https://knews.kathimerini.com.cy/en/news/50-000-vehicles-in-cyprus-face-recall-over-defective-takata-airbags
Cyprus could see up to 50,000 cars recalled due to the dangerous Takata airbags, a defective part responsible for deaths and injuries around the world, including in Cyprus. ...
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/cyprus-mps-vote-on-major-bills-including-tax-hikes-and-baby-bonuses
The Cyprus Parliament was busy on Thursday, voting on a series of important bills that could reshape the island's economic landscape and support families....
https://knews.kathimerini.com.cy/en/business/parliament-rejects-akel-s-5-bank-tax-bill-after-tense-showdown
A dramatic session in parliament ended with the rejection of a contentious proposal by the opposition party AKEL, which aimed to impose an extraordinary 5% solidarity tax on bank interest income for 2024 and 2025. ...
https://knews.kathimerini.com.cy/en/news/underworld-tied-to-mismanagement-of-turkish-cypriot-properties
The latest twist in the ongoing scandal of mismanaged Turkish Cypriot properties involves claims that underworld figures are involved in illegal leasing deals....
https://knews.kathimerini.com.cy/en/business/major-developments-expected-in-2025-for-vasilikos
The year 2025 is shaping up to be pivotal for the long-delayed PV terminal project in Vasilikos, following last year’s setback caused by the withdrawal of the Chinese consortium CMC. ...
https://knews.kathimerini.com.cy/en/news/city-engineers-investigate-balcony-collapse-in-neapolis
The Limassol Municipality has issued warnings to 400 buildings for necessary repairs, with 130 of them officially declared dangerous....
https://knews.kathimerini.com.cy/en/news/approximately-12-investigations-underway-by-the-independent-authority-against-corruption
Transparency Commissioner Harris Pogiatzis revealed that around 12 investigations by the Independent Authority Against Corruption are currently in progress, with results expected to be announced soon....
https://knews.kathimerini.com.cy/en/news/astromeritis-evrychou-motorway-on-track-for-completion-by-2025-says-transport-minister
he long-awaited Astromeritis-Evrychou motorway project, a key initiative connecting the Troodos region with Nicosia, is steadily advancing toward completion, according to Cyprus's Minister of Transport, Communications, and Works, Alexis Vafeadis....
https://knews.kathimerini.com.cy/en/news/france-s-government-falls-in-historic-no-confidence-vote
France is facing a deep political crisis after Prime Minister Michel Barnier’s government was ousted by a no-confidence vote, just three months into his term. This marks the shortest-lived administration in France’s Fifth Republic, which began in 1958....
https://knews.kathimerini.com.cy/en/news/disagreement-among-disy-mps-over-strengthening-anti-corruption-authority
According to an article by Pavlos Neophytou, a clash has emerged within the Democratic Rally (DISY) party over the process and timeline for enhancing the Independent Authority Against Corruption....
https://knews.kathimerini.com.cy/en/business/intrakat-s-€1-million-debt-to-cypriot-subcontractors-sparks-legal-action
Greek-owned construction company Intrakat, which was contracted to build part of the Paphos-Polis Chrysochous motorway in Cyprus, is facing significant financial troubles, leaving behind nearly €1 million in debts to seven local subcontractors and suppliers....
https://knews.kathimerini.com.cy/en/business/greece-needs-300-000-foreign-workers-amid-labor-shortage
It is estimated that Greece’s labor market needs more than 300,000 workers from other countries, from dishwashers to chefs to carpenters, machine operators and electricians to web and software developers....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-schengen-conundrum-amid-unresolved-division
Cyprus remains caught in a political and logistical bind as Bulgaria and Romania prepare to join the Schengen free-movement area on January 1, 2025, according to a report by Kathimerini's Pavlos Xanthoulis....
https://knews.kathimerini.com.cy/en/news/10-700-greek-students-suspended-for-violating-school-cell-phone-ban
Since the beginning of the academic year in September, a total of 10,700 students have been suspended for violating the new regulations banning cell phones in schools, according to Education Minister Kyriakos Pierrakakis. ...
https://knews.kathimerini.com.cy/en/news/u-s-moves-forward-with-$680-million-arms-deal-to-israel
The Biden administration is moving forward with a $680 million arms deal with Israel, even as a U.S.-brokered ceasefire takes hold between Israel and Hezbollah in Lebanon. ...
https://knews.kathimerini.com.cy/en/news/government-faces-labor-strikes-as-key-sectors-demand-action
Cyprus is grappling with escalating labor unrest in its most crucial industries, as healthcare, construction, and tourism workers push for long-standing demands. ...
https://knews.kathimerini.com.cy/en/business/spain-fines-ryanair-and-other-low-cost-airlines-€179m-for-abusive-practices
Spain's Ministry of Consumer Affairs has slapped five major low-cost airlines with hefty fines totaling €179 million for a range of alleged abusive practices, including charging extra fees for hand luggage. ...
https://knews.kathimerini.com.cy/en/news/new-rules-could-see-avax-take-over-paphos–polis-road-project
The government is stepping up efforts to strengthen the framework for public works contracts following the unfortunate cancellation of the Paphos–Polis Chrysochous road project....
https://knews.kathimerini.com.cy/en/news/are-you-driving-an-unsafe-car-gaps-in-recall-alerts-spark-concern-in-cyprus
Car safety in Cyprus is under the spotlight as gaps in the vehicle recall system are leaving drivers unknowingly at risk. ...
https://knews.kathimerini.com.cy/en/business/cyprus-court-upholds-tougher-rules-for-glamping-projects
The Supreme Constitutional Court recently made a decision that has significant implications for luxury camping (glamping) and visitor farm projects in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/road-to-nowhere-as-paphos-polis-project-hits-a-dead-end
The long-awaited Paphos-Polis Chrysochous road project has hit a major roadblock, with construction halted at just 21% completion and the Republic of Cyprus now facing legal challenges from the former contractor, INTRAKAT. ...
https://knews.kathimerini.com.cy/en/news/cyprus-anti-corruption-authority-s-major-investigations-near-completion
The Independent Anti-Corruption Authority of Cyprus is making waves as it tackles high-profile investigations into alleged corruption, including the controversial ''gold passports'' scheme, claims of a ''state mafia,'' and other issues....
https://knews.kathimerini.com.cy/en/news/cyprus-reunification-off-the-table-says-former-u-s-ambassador-warns-europe-not-to-rely-on-u-s
A statesman, a diplomat, and a patriot, John Koenig is the epitome of dedication to service and diplomacy. With a career spanning over three decades, he has served in pivotal roles across the globe, from his time as U.S. Ambassador to Cyprus from 2012 to 2015 to his earlier postings in Belgium, Greece, Indonesia, Italy, and the Philippines.
...
https://knews.kathimerini.com.cy/en/business/cyprus-floating-lng-unit-prometheus-finally-sets-sail-from-shanghai
After months of delays linked to the Vasilikos scandal, Cyprus' Floating Storage and Regasification Unit (FSRU) 'Prometheus' is finally set to leave Shanghai in early December. ...