https://knews.kathimerini.com.cy/en/business/skyup™-launches-direct-flights-from-poland-to-greece-cyprus-and-bulgaria
SkyUp (U5) is expanding its route network by launching direct flights from Poland to popular holiday destinations in Southern Europe. Starting May 27, 2025, travelers from Warsaw and Katowice will be able to fly nonstop to Heraklion (Crete, Greece), Larnaca (Cyprus), and Burgas (Bulgaria)....
https://knews.kathimerini.com.cy/en/news/eac-chairman-admits-project-costs-overstated-downplays-need-for-tariff-hike
The Board of Directors of the Electricity Authority of Cyprus (EAC) is set to review potential electricity tariff adjustments this week, but EAC Chairman Giorgos Petrou said he does not expect a rate increase will be necessary....
https://knews.kathimerini.com.cy/en/news/wizz-air-announces-its-special-birthday-promo
Nicosia, 16 May 2025. Wizz Air, EMEA’s most environmentally sustainable airline , celebrates its birthday with an unmissable promo....
https://knews.kathimerini.com.cy/en/news/ecommverse-by-ecommbx-–-an-innovative-digital-platform-for-financial-services
With the advancement of technology and growing demands for speed, flexibility, and tailored solutions, the need for new, alternative forms of financial services has become increasingly clear....
https://knews.kathimerini.com.cy/en/news/netanyahu-pushes-to-wean-country-off-u-s-aid
In what could mark a turning point in Israeli defense policy, Prime Minister Benjamin Netanyahu has told lawmakers that Israel should begin to reduce its dependency on U.S. military aid, a financial lifeline that has long been seen as a cornerstone of the alliance between Washington and Jerusalem....
https://knews.kathimerini.com.cy/en/business/emirates-and-aegean-enhance-partnership-to-offer-reciprocal-loyalty-benefits
Emirates Skywards members can now earn and redeem Miles on all flights operated by AEGEAN; and similarly, Miles+Bonus members can earn and redeem miles on all flights operated by Emirates....
https://knews.kathimerini.com.cy/en/business/ancoria-bank-shifts-to-cypriot-hands-in-major-shake-up
Banking changes in Cyprus are rolling full steam ahead in 2025, with Ancoria Bank now seeing a major shift in its ownership. Entrepreneur and co-founder of XM, Kostas Kleanthous, has reached an agreement to buy more than 50% of Ancoria Bank, making him the new majority shareholder. ...
https://knews.kathimerini.com.cy/en/news/fda-to-phase-out-artificial-food-dyes-approve-natural-alternatives
In a sweeping move to address growing concerns over synthetic food additives, the U.S. Food and Drug Administration announced Tuesday it will phase out petroleum-based food dyes from the national food supply by the end of 2026. ...
https://knews.kathimerini.com.cy/en/news/aegean-and-olympic-air-announce-flight-disruptions-due-to-april-9-strike
AEGEAN and Olympic Air would like to inform all passengers that because of the participation of the Hellenic Air Traffic Controllers Association in the 24-hour general strike announced by ADEDY on Wednesday, April 9, 2025, are obliged to cancel or adjust scheduled flights of the domestic and international network....
https://knews.kathimerini.com.cy/en/business/aegean-proactively-offers-enhanced-flexibility-for-those-planning-to-travel-on-wednesday-april-9-2025-until-the-air-traffic-control-strike-is-finalized
AEGEAN and Olympic Air would like to inform all passengers with tickets for Wednesday, April 9, 2025, that, due to the possibility of a strike following the participation of air traffic controllers in the upcoming 24-hour strike by ADEDY, ...
https://knews.kathimerini.com.cy/en/news/aegean-spring-sale-up-to-40-off-flights-for-may-and-june
Looking for an affordable way to kick off your summer travel plans? AEGEAN is here to make it happen! The airline is offering an amazing discount of up to 40% on all fares for flights between May 5 and June 30, 2025, and all you need to do is book by Thursday, April 3....
https://knews.kathimerini.com.cy/en/business/cyprus-tech-boom-boosts-the-economy-by-€7-billion
For years, Cyprus’ economy leaned heavily on tourism and professional services, but the rapid rise of technology companies is reshaping the island’s financial landscape....
https://knews.kathimerini.com.cy/en/news/big-pharma-challenges-eu-over-wastewater-treatment-costs
A legal battle is unfolding between the pharmaceutical and cosmetics industries and the European Union over who should bear the financial burden of urban wastewater treatment....
https://knews.kathimerini.com.cy/en/business/€170-million-expansion-kicks-off-at-larnaca-and-paphos-airports
After years of planning and preparation, the expansion of Larnaka and Pafos Airports is officially underway. ...
https://knews.kathimerini.com.cy/en/business/consulco-s-lc-london-credit-aif-v-c-i-c-public-ltd-london-credit-fund-launches-compartment-c
Consulco is delighted to announce the launch of Investment Compartment C, the newest sub-fund of the London Credit Fund. ...
https://knews.kathimerini.com.cy/en/news/von-der-leyen-proposes-€150-billion-borrowing-plan-for-rearmament-amid-growing-security-concerns
The European Commission has proposed a bold plan to borrow up to €150 billion to lend to EU governments as part of a major rearmament effort....
https://knews.kathimerini.com.cy/en/news/cyprus-demands-flexibility-on-migrant-returns-challenging-eu-approach
In a forceful appeal at the EU Justice and Home Affairs Council in Brussels, Deputy Minister of Migration and International Protection Nikolas Ioannidis made it clear: Cyprus will not accept a one-size-fits-all approach to migrant returns....
https://knews.kathimerini.com.cy/en/news/is-cyprus-public-sector-too-large-hiring-freeze-lifted-amid-rising-costs
The Cyprus government is set to fully lift the ban on hiring permanent public sector employees, marking a significant shift from austerity measures imposed over a decade ago....
https://knews.kathimerini.com.cy/en/business/four-new-types-of-branches-at-the-bank-of-cyprus
Bank of Cyprus branches are entering a new era, with the bank having moved to modernise the operational model of its network with four types of branches....
https://knews.kathimerini.com.cy/en/news/europe-at-a-crossroads-act-now-or-fade-into-irrelevance
Cyprus MP Michalis Sophocleous has laid out a stark and urgent vision for the European Union’s future. His recent statement on X is not just a policy wishlist—it’s a call for Europe to wake up before it becomes a relic of the past....
https://knews.kathimerini.com.cy/en/news/cyprus-tightens-immigration-rules-with-new-law-changes
In a unanimous decision, the Cyprus House of Representatives has approved an update to the country’s Aliens and Immigration Law, bringing in new changes that aim to modernize the immigration system and align it with the recently created State Ministry of Immigration and International Protection....
https://knews.kathimerini.com.cy/en/business/president-s-banking-measures-spark-surge-in-first-home-loans
President Nikos Christodoulides' efforts to support citizens through new banking measures are beginning to yield results. Meetings held in December with the CEOs of Cyprus’ two major banks, Bank of Cyprus (BoC) and Hellenic Bank (HB), appear to have sparked a tangible interest in first-home mortgage schemes....
https://knews.kathimerini.com.cy/en/comment/opinion/2025-a-year-of-transition
There is no doubt that 2025 will be a pivotal year for the Cyprus problem as we have historically understood it....
https://knews.kathimerini.com.cy/en/business/black-friday-buzz-as-shoppers-return-in-full-force
According to an article by Dorita Yiannakou, this past week, the retail scene came alive with the buzz of Black Friday. ...
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/why-musk-sees-trump-as-america-s-business-fixer
Elon Musk, the high-profile CEO of Tesla and SpaceX, has emerged as a vocal supporter of Republican presidential nominee Donald Trump......
https://knews.kathimerini.com.cy/en/news/new-eu-rules-open-cyprus-s-troubled-loan-market-to-foreign-investors
In a move that could reshape Cyprus's financial landscape, Parliament recently passed a European Directive that makes it easier for foreign investors to buy non-performing loans (NPLs) in the country....
https://knews.kathimerini.com.cy/en/news/lecture-by-renowned-entrepreneur-john-christodoulou-at-european-university-cyprus
The School of Business of European University Cyprus (EUC), demonstrating its commitment to making a meaningful impact in the business sector and society, hosted a prestigious lecture featuring world-renowned London-based Cypriot-born entrepreneur, John Christodoulou....
https://knews.kathimerini.com.cy/en/comment/opinion/goodbye-and-thanks-for-all-the-halloumi
I depart Cyprus after a little over two years as the British High Commissioner. What are my main reflections?...
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.
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