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. ...
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/news/lois-builders-slams-contract-termination-cites-mismanagement-and-delays
Lois Builders Ltd. has issued a statement in response to the recent termination of its contract for the Fishing Reserve and Liopetriou River project, calling the move ''unprecedented.''...
https://knews.kathimerini.com.cy/en/business/fired-paphos-polis-road-contractor-wants-€35-million-payout
The Cyprus government has formally terminated its contract with Intrakat, a Greek construction company, for the long-awaited Paphos-Polis Chrysochous motorway, citing severe delays and excessive demands from the contractor....
https://knews.kathimerini.com.cy/en/news/help-is-on-the-way-for-young-couples-needing-a-home
Starting Friday, November 15, young people and couples in Cyprus will be able to apply for financial assistance through a new housing plan. The program, designed to support those up to the age of 41, will accept applications online until December 31, 2024, at noon....
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/news/cyprus-intensifies-probe-into-ex-president-anastasiadis-in-golden-passports-scandal
The Independent Anti-Corruption Authority is intensifying its probe into former Cypriot President Nicos Anastasiadis about alleged corruption in the “golden passports” scheme, as detailed in journalist Makarios Drousiotis’s book 'Mafia State', Politis newspaper reported....
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/staff-shortages-stall-local-government-reform-in-cyprus
According to Kathimerini's Pavlos Neophytou, the implementation of Local Government Reform in Cyprus faces critical staffing and operational challenges, especially in development licensing within Provincial Local Authorities (PLAs). ...
https://knews.kathimerini.com.cy/en/news/larnaca-and-paphos-airports-to-handle-17-5-million-passengers-annually
The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......
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/white-house-locks-down-with-fences-and-barricades-ahead-of-election-day
With Americans casting their votes on Tuesday, fears of civil unrest are surging as a razor-thin presidential race between incumbent Donald Trump......
https://knews.kathimerini.com.cy/en/news/america-decides-today-key-points-on-the-us-election
In one of the most pivotal U.S. elections in recent decades, the nation heads to the polls today as Kamala Harris faces off against Donald Trump. The race appears tight, polarizing American society while drawing worldwide attention. ...
https://knews.kathimerini.com.cy/en/news/spain-s-king-pelted-with-eggs-amid-fury-over-flood-response-in-valencia
Spain’s King Felipe and Queen Letizia faced an angry backlash during a visit to the flood-ravaged Valencia region on Monday, where crowds hurled eggs and booed as they met with residents....
https://knews.kathimerini.com.cy/en/news/euronet-remains-only-bidder-in-delayed-jcc-payment-systems-sale
The process for the sale of JCC Payment Systems, which began confidentially over the summer, appears to have hit a "snag," with Euronet as the only prospective buyer.
...
https://knews.kathimerini.com.cy/en/news/president-urges-faster-completion-of-88-major-projects
Cyprus President Nikos Christodoulides urged ministers to accelerate the government’s agenda of 88 key projects for the administration’s second year, Deputy Minister to the President Irene Piki announced after a recent Cabinet meeting. ...
https://knews.kathimerini.com.cy/en/comment/opinion/un-s-plan-for-expanded-cyprus-talks-faces-delays-ahead-of-2025-elections
The outcome of the informal dinner in New York, besides the attempt to intensify efforts to resolve the seven-year stalemate in the Cyprus issue, further underscored—especially with the statements from Christodoulides and Tatar after their return from the U.S.—the differing circumstances faced by the two leaders at a tactical level.
...
https://knews.kathimerini.com.cy/en/news/cyprus-tops-europe-in-lawyers-but-struggles-with-court-delays
Cyprus leads Europe with the highest number of lawyers per capita, with 505 lawyers per 100,000 residents, far above the European average, according to a new Council of Europe report....
https://knews.kathimerini.com.cy/en/news/business-losses-mount-as-paphos-polis-road-stalls
Paphos citizens are expressing growing frustration over the stalled construction of the Paphos-Polis Chrysochous highway......
https://knews.kathimerini.com.cy/en/business/disputes-delay-pafos-polis-chrysochous-motorway-project
In today's Oikonomiki, Dorita Yiannakou reports that the ongoing dispute between the Greek construction company Intrakat and the State over the Pafos-Polis Chrysochous motorway project has led to a stalled construction timeline and potential penalties. ...
https://knews.kathimerini.com.cy/en/news/delays-hit-€85-traffic-fine-reduction-law
Three months after the unanimous approval by Cyprus’ Parliament to reduce fines for traffic violations caught by stationary cameras, the law has yet to be implemented.
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https://knews.kathimerini.com.cy/en/news/ecb-cautiously-prepares-for-further-rate-reductions
The intention of the central bankers on the European Central Bank’s (ECB) Governing Council to proceed with another interest rate cut next week, as inflation data proves favorable, is indirectly but clearly reflected in the minutes of their last meeting, released today....
https://knews.kathimerini.com.cy/en/news/cyprus-worried-about-inflation-as-tensions-rise-between-israel-and-iran
The escalating conflict between Israel and Iran could disrupt global energy supply chains, with Cyprus likely to feel the effects....
https://knews.kathimerini.com.cy/en/news/eu-takes-cyprus-to-court-over-tax-law-delays
The European Commission has referred Cyprus, along with Spain, Poland, and Portugal, to the European Court of Justice for failing to implement the 2022 directive on a global minimum level of taxation for multinational corporations and large companies (Pillar 2 directive)....
