https://knews.kathimerini.com.cy/en/news/erdogan-keeps-suspense-as-he-helicopters-to-drillship
Suspense in Nicosia and Athens were unceremoniously put on hold on Tuesday when Turkish President Recep Tayyip Erdogan announced the launch of the country’s Abdulhamid Han drill ship in contested waters off Cyprus but was in no hurry to share coordinates...
https://knews.kathimerini.com.cy/en/business/inflation-in-cyprus-creeps-close-to-11-in-july
Inflation in July 2022, hit the double-digit mark, recording an increase of 10.9%, with the Consumer Price Index increasing by 1.39 units and reaching 113.63 units compared to 112.24 units in June 2022....
https://knews.kathimerini.com.cy/en/news/ec-promoting-bi-communal-solar-energy-power-plant
The European Commission has been promoting the idea of creating a bi-communal solar power plant that would “contribute to the energy needs of both communities”, European Commission President Ursula von der Leyen said in an interview with the Cyprus News Agency....
https://knews.kathimerini.com.cy/en/news/china-retaliates-with-military-drills-off-taiwan-s-coast-after-pelosi-visit
China kicked off its biggest-ever military exercises in the seas around Taiwan following US politician Nancy Pelosi's visit....
https://knews.kathimerini.com.cy/en/business/turkish-inflation-surges-to-nearly-80
Turkish inflation rose to a fresh 24-year high of 79.6% in July, data showed on Wednesday as the lira’s continued weakness and global energy and commodity costs pushed prices higher, though the price rises came out below forecasts....
https://knews.kathimerini.com.cy/en/business/foreign-direct-investment-in-europe-a-game-of-two-halves-current-volatility-impacts-strategy-while-long-term-appeal-instills-confidence
Europe’s attractiveness for FDI has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, according to the latest annual EY European Attractiveness Survey....
https://knews.kathimerini.com.cy/en/news/russia-sending-money-to-turkey-for-the-$20-billion-akuyo-nuclear-plant
A Russian state-owned company is transferring money to a subsidiary that’s building a $20 billion nuclear power plant on Turkey’s Mediterranean coast, alleviating concerns the project could be delayed by war sanctions....
https://knews.kathimerini.com.cy/en/news/cyprus-chevron-aphrodite-tactics-irk-israel
A gas field dispute between Cyprus and Israel over a tiny portion, with which the island nation hopes to buy out its neighbor, went in deep water this week after Nicosia and Chevron preannounced plans for Aphrodite despite a decade-long unresolved issue still pending between the two nations...
https://knews.kathimerini.com.cy/en/news/cyprus-and-greece-coordinating-closely-in-anticipation-of-turkish-provocations
Greece and Cyprus accused rival Turkey on Thursday of stoking tensions as Ankara prepared to dispatch a drillship to the Mediterranean next month in a search for natural gas....
https://knews.kathimerini.com.cy/en/news/cyprus-requests-disbursal-of-€85-million-rrf-funds-from-ec
The European Commission announced it received on Thursday the first payment request from Cyprus under the Recovery and Resilience Facility (RRF) for the disbursement of €85 million in financial support (net of pre-financing), ...
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-‘erdogan-feels-weak-says-ex-mossad-chief
With 42 years' worth of experience in the armed forces and intelligence, General Danny Yatom is a living legend in Israel....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-benefits-in-kind
There are a number of commercial benefits that come with registering the property in the name of a legal entity rather than as an individual e.g. for asset protection purposes as it provides protection against personal insolvency since a property that is in the name of a legal entity should not be affected should the individual becomes personally insolvent....
https://knews.kathimerini.com.cy/en/news/un-not-keen-on-hi-tech-near-buffer-zone
A draft on UNFICYP renewal expected to pass Thursday in the Security Council includes concerns over military surveillance equipment being placed near the divided island’s buffer zone...
https://knews.kathimerini.com.cy/en/business/cyprus-gas-discoveries-boosted-by-eu-s-shift-from-russia-supplies
The European Union’s drive to slash reliance on Russian natural gas is boosting the strategic importance of finds in Cyprus, the country’s energy minister said....
https://knews.kathimerini.com.cy/en/news/europe-agrees-to-compromise-deal-on-gas-rations-as-russia-squeezes-supply
European Union governments agreed Tuesday to ration natural gas this winter to protect themselves against any further supply cuts by Russia as Moscow pursues its invasion of Ukraine....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-48-years-later-the-generation-that-grew-up-in-ignorance
I belong to that generation that was born and grew up in the decade after the invasion when the existing state of affairs in Cyprus began to consolidate. We are that generation that didn't live through the disaster, didn't live in tents, didn't see the dead....
https://knews.kathimerini.com.cy/en/news/italy-s-pm-resigns-spelling-trouble-for-europe
Italian prime minister Mario Draghi has resigned, ending a national unity government formed to tackle unpopular reforms and spelling trouble for Europe at a time of acute economic challenges....
https://knews.kathimerini.com.cy/en/news/european-nations-asked-to-immediately-start-rationing-natural-gas
To avoid energy shortages that would stall economic growth and leave households cold in the winter as Russia weaponizes its gas exports, European countries should immediately start rationing use of the fuel, the European Commission said on Wednesday, and cut their use 15 percent until next spring....
https://knews.kathimerini.com.cy/en/news/cost-of-consumer-goods-and-services-increased-by-9-in-june
The Harmonized Index of Consumer Prices (HICP) increased by 9% in June, when compared to the index of June 2021, setting a new record high, while continuing its upward course for the 16th consecutive month, pushed by the consecutive appreciations mainly in energy prices....
https://knews.kathimerini.com.cy/en/news/collin-stewart-no-development-no-prospects-on-the-horizon
On Monday, the UN Security Council held discussions regarding the UN Peacekeeping Force in Cyprus (UNFICYP) under the chairmanship of the Permanent Representative of Brazil, Ambassador Ronaldo Costa Filho....
https://knews.kathimerini.com.cy/en/news/cyprus-ambassador-to-un-concerned-over-peacekeeping-force-report
The Permanent Representative of Cyprus to the United Nations, Ambassador Andreas Hadjichrysanthou, expressed to Cyprus News Agency his concerns and his disappointment over the reports concerning the United Nations Peacekeeping Force in Cyprus (UNFICYP) and the Secretary-General's Good Offices Mission, noting that there is no mention anywhere of a Cyprus settlement....
https://knews.kathimerini.com.cy/en/news/no-entry-fee-for-12-museums-to-promote-cyprus-cultural-heritage
The Cyprus Parliament has approved amendments providing free entrance to 12 museums under the jurisdiction of the Antiquities Department. In addition, nine ancient monuments have been approved for use as sites for events and civil wedding ceremonies....
https://knews.kathimerini.com.cy/en/business/foreclosures-suspended-until-the-end-of-october-2022
The Cyprus Parliament on Thursday passed a bill suspending foreclosures until the end of October,...
https://knews.kathimerini.com.cy/en/news/cypriots-prefer-television-as-their-main-source-for-news
Television remains the main source of news in both Cyprus and the EU, with online news platforms and social media following at higher percentages than the EU average, according to the findings of a flash Eurobarometer published by the European Parliament....
https://knews.kathimerini.com.cy/en/news/sri-lankan-president-flees-country-amid-devastating-economic-crisis
Sri Lankan President Gotabaya Rajapaksa fled the country on Wednesday and hundreds of protesters stormed the prime minister's office demanding his ouster, as a people's uprising over a devastating economic crisis overwhelmed security forces....
https://knews.kathimerini.com.cy/en/news/trade-deficit-increased-to-€2-967-6-million-for-the-period-january-–-may-2022
The trade deficit was €2,967.6 mn in January – May 2022 compared to €2,265.8 mn in the corresponding period of 2021, according to provisional data, published by the Statistical Service on Monday....
https://knews.kathimerini.com.cy/en/news/inflation-edges-closer-to-double-digits-in-june
Inflation in Cyprus in June edged closer to double-digits driven by the soaring prices in electricity and energy on the backdrop of the war in Ukraine....
https://knews.kathimerini.com.cy/en/news/turkey-to-deploy-its-fourth-drillship-in-august
Turkey’s fourth drilling ship will start work in the first half of August and probably in the Mediterranean, according to Turkey’s Energy Minister Fatih Donmez....
https://knews.kathimerini.com.cy/en/news/boris-johnson-has-stepped-down
After an acute political meltdown in the U.K., Prime Minister Boris Johnson has resigned as leader of the Conservative Party, setting in motion a race for a new prime minister....
https://knews.kathimerini.com.cy/en/news/australia-is-exterminating-tens-of-millions-of-bees-to-save-its-honey-industry
Tens of millions of bees are being exterminated in a desperate attempt to save Australia's honey industry from a devastating mite plague....
