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61. Government to receive €1.2B for green transition and resilience plan

Cyprus is set to receive a total of 1.2 billion euros from the Recovery and Resilience Plan (RRP). ...

62. Electricity subsidy extends to vulnerable consumers until February's end

With its metaphorical ''finger on the trigger,'' the Ministry of Finance is vigilantly tracking the anticipated surges in the current....

63. Porsche unleashes powerhouse Taycan with enhanced performance

Higher, faster, further and coming to Porsche Centres in the spring of 2024....

64. Energy Minister deliberates potential 6% electricity bill increases

The Energy Minister, George Papanastasiou, addressed concerns about potential electricity bill hikes arising from the EAC's request to CERA to recover 6% of its 2024 expenses....

65. Cyprus considers participation in Great Sea Interconnector project

In today's session of the Council of Ministers, the discussion continues on the proposal jointly submitted by Minister of Energy, Commerce, and Industry, George Papastasiou, and Minister of Finance......

66. Cyprus grapples with impending price increases in appliances

Another category of products faces potential price hikes, with household appliances such as refrigerators, washing machines, and televisions expected to experience increases in the near future. ...

67. Calls for increased electricity rates raise eyebrows

The recent plea by the Electricity Authority of Cyprus (EAC) for significant electricity rate increases has raised eyebrows, especially as the possibility of bearing additional costs for the Vasiliko terminal looms. Does the parliament even exist? Is there a state? If so, let them finally play their part. Enough already!...

68. CERA proposes reduced electricity increases amidst parliamentary discussion

The head of Regulatory Energy Cyprus (Cera), Andreas Poulikkas, briefed the Parliament's Finance Committee on the latest proposals submitted by the Electricity Authority of Cyprus (EAC) for review. ...

69. Consumer alerts raised over potential fuel price hikes

Konstantinos Karagiorgis, Director of the Consumer Protection Service, emphasized the importance of factual justification for price increases during an interview with CNA....

70. Porsche's latest Taycan surprises with 587km real-world range

Initial test drives with pre-series Taycan between Los Angeles and San Diego showed that the new generation of the electric sports car has a total range of up to 587 kilometres....

71. Cyprus set to join Great Sea Interconnector project

In a significant move aimed at enhancing regional energy cooperation, Cyprus is considering participation in the ambitious Great Sea Interconnector project, according to statements from government officials....

72. Cyprus celebrates completion of €6.6M solar project in 405 schools

With a total expenditure of €6.6 million, the project to install Photovoltaic Systems in 405 school buildings in Cyprus was completed, offering significant energy......

73. Cyprus secures 25% stake in epic electric cable project

In the midst of a countdown, the government finds itself deeply engaged in one of the Eastern Mediterranean's most monumental energy endeavors....

74. Power outage shocks Nicosia, residents left in the dark

Residents in several areas of Nicosia province experienced a disruption in their electricity supply on Wednesday morning, January 31st....

75. Cyprus' €1.9B entry into mega energy project uncertain

Republic of Cyprus is poised to enter the shareholding structure of one of the largest energy projects in the Eastern Mediterranean....

76. Cyprus secures €20.9 million boost from EU's recovery fund

In a significant development, the European Commission announced a pre-financing injection of €20.9 million for Cyprus from the Recovery and Resilience Mechanism,...

77. Macan sets new standards: the first all-electric SUV from Porsche

78. Government's €6.6M solar project powers education sustainably

In a significant leap towards sustainability, Cyprus has successfully concluded a €6.6 million project, installing photovoltaic systems in 405 school buildings. ...

79. Nicosia hospital's response to cable cut fallout

In an incident at Nicosia General Hospital, a disruption in electrical power was caused by the cutting of a cable during external construction work....

80. Great Sea Interconnector secures €164.5M boost in European funding

The Independent Electricity Transmission Operator of Greece (ADMIE) has announced a substantial increase in European funding for the Great Sea Interconnector project, soaring from €55.2 million to €164.5 million....

81. Ministry's bold steps for energy renovation unveiled

The Ministry of Energy, Commerce and Industry proceeds with the preparation of standard procedures for the announcement and implementation of energy renovation projects....

82. Nicosia hospital overcomes technical hurdles

In a recent development, electricity has been successfully restored at Nicosia General Hospital after a prolonged outage that led to operational challenges. ...

83. Cyprus secures €40M boost for green energy storage

The Republic of Cyprus has secured €40 million from the Just Transition Fund for energy storage facilities, addressing the inflexibility of its electricity system in storing excess energy from renewables....

84. EAC poles severed and cables stolen in Agios Mamas

In a concerning incident reported on Wednesday, an assistant foreman at Lanias police station revealed a discovery that has sparked a police investigation....

85. Makis Keravnos voices concerns over geopolitical developments

The global supply chain disruption and its economic impact on Europe and the world have raised concerns among Europeans....

86. How the consumer pocket faces a perfect economic storm

The uncertainty and the intense upheavals in the global supply chain continue....

87. Antoniou: ''Expect price hikes in consumer goods by month's end''

In a recent interview with Diaspora News, Marios Antoniou, the General Secretary of the Pancyprian Retail Trade Association, delved into the challenges emerging from the Red Sea crisis....

88. Police resolve mystery behind 24-year-old's brain injury

Law enforcement authorities have unraveled the mystery surrounding the hospitalization of a 24-year-old man with a brain injury since Sunday (14/01), shedding light on the incident that led to his medical condition....

89. Dr. Anastasatos forecasts bright future for Cyprus economy

Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....

90. Houthi strikes send prices soaring in global trade

In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....