https://knews.kathimerini.com.cy/en/news/finmin-underlines-the-importance-of-disciplined-policy
The contact circle with the banks has not been completed, and there will be a new one to adopt measures that will provide relief to borrowers regarding the increased interest rates....
https://knews.kathimerini.com.cy/en/news/imf-says-cyprus-untouched-by-war-fallout
The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...
https://knews.kathimerini.com.cy/en/comment/opinion/overcoming-obstacles-in-cyprus-green-transition
Undoubtedly, the fact that it no longer requires a building permit as a prerequisite for installing a photovoltaic system on residential roofs could be characterized as a positive development in our long-standing effort to turn towards green development....
https://knews.kathimerini.com.cy/en/news/new-plan-to-safeguard-vulnerable-groups-homes-nears-approval
The Director of the Press Office of the President of the Republic, Victor Papadopoulos, announced that a new plan to safeguard the first homes of vulnerable groups in Cyprus is on the horizon. ...
https://knews.kathimerini.com.cy/en/news/cyprus-talks-up-island-s-shipping-to-india-officials
Deputy Minister for Shipping Marina Hadjimanolis described the shipping sector as an invaluable asset for Cyprus, stating her determination to further strengthen Cyprus' position in global shipping...
https://knews.kathimerini.com.cy/en/news/preserving-cyprus-medieval-heritage-digitally
Within the framework of the European program "DigiArc: Digital Arch of Greek-Cypriot Culture: Preservation and Enhancement of the medieval cultural heritage in the Aegean and Cyprus Islands," the Department of Antiquities has acquired, installed, and put into operation four information points (info-kiosks) at the following medieval castles in Cyprus: Limassol Castle, Larnaca Castle, Paphos Castle, and Kolossi Castle....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-calls-for-stronger-anti-corruption-measures
In a seminar organized by the Cyprus Bar Association on "Independent Anti-Corruption Authority: legislation, practice, and challenges," President of the Republic, Nikos Christodoulides, emphasized the government's commitment to combating corruption and promoting political accountability....
https://knews.kathimerini.com.cy/en/news/eu-envoy-a-modern-european-approach-says-letymbiotis
The proposal for the appointment of a special envoy from the EU for the Cyprus issue is a modern European proposal that can change the EU's relations with Turkey and solve a longstanding problem, ...
https://knews.kathimerini.com.cy/en/news/an-effective-foreclosure-framework-is-important-says-finmin
An effective and functional foreclosure framework is crucial for encouraging borrowers to restructure their debt, due to the high stock of non-performing loans (NPLs), the Cyprus Ministry of Finance said in a press release on Tuesday....
https://knews.kathimerini.com.cy/en/news/natural-gas-a-priority-for-affordable-electricity-generation
The Cyprus Chamber of Commerce and Industry (CCCI) agrees with the government's priority to bring natural gas το Cyprus, in order to produce cheap electricity, said CCCI President Christodoulos Angastiniotis, after a meeting held between CCCI and President of the Republic, Nikos Christodoulides, on Tuesday....
https://knews.kathimerini.com.cy/en/comment/opinion/is-there-an-energy-plan-or-isn-t-there
When in 2011 Cyprus discovered natural gas in "Aphrodite," the discussion about geopolitical upgrading was so intense that it led to the creation... of a movie titled "Block 12" and the establishment of specialized studies in oil & gas....
https://knews.kathimerini.com.cy/en/business/divestments-trigger-a-risk-of-backlash-in-the-recovery-fund
As Cyprus races against time to secure €1.1 billion in grants and loans from the Recovery Fund (NextGenerationEU) by June 2026, a new challenge arises. ...
https://knews.kathimerini.com.cy/en/news/christodoulides-searches-for-that-special-someone-to-break-the-deadlock
President of the Republic Nikos Christodoulides said on Thursday that he exchanged views with other EU leaders on specific European personalities that could contribute to breaking the deadlock of the Cyprus issue....
https://knews.kathimerini.com.cy/en/news/christodoulides-calls-island-s-division-a-european-problem
German Chancellor Olaf Scholz called for 'political courage' in Cyprus peace talks during a visit to Berlin by Cypriot President Nikos Christodoulides, who said the island’s division was a 'European problem' and Brussels could lead the way to a solution...
https://knews.kathimerini.com.cy/en/news/school-bus-safety-32-complaints-only-this-year
The House Transport Committee scrutinized the safety of buses, particularly those transporting students and citizens, during its session on Thursday, May 25. ...
https://knews.kathimerini.com.cy/en/comment/opinion/real-estate-a-closer-look-at-prices-and-rental-trends
With the chapter on imposing a reduced VAT rate of 5% on primary residences as a social policy measure finally moving towards resolution, an unresolved issue that has been lingering in the real estate market for years is being addressed....
https://knews.kathimerini.com.cy/en/news/nicosia-ups-voice-during-defense-meeting-in-brussels
Defence Minister Michalis Giorgallas stressed that EU - NATO needs to take place on an equal footing for all member states, speaking after the conclusion of the Foreign Affairs Council which was held in Brussels on Tuesday in its Defence Ministers configuration...
https://knews.kathimerini.com.cy/en/news/christodoulides-to-drill-eu-peace-role-into-berlin
Cypriot President Nikos Christodoulides travels to Berlin this week where he is expected to push once again for active EU involvement in peace talks on the divided island, a proposal so far rejected by Turkish Cypriots who call for cooperation between two states...
https://knews.kathimerini.com.cy/en/news/christodoulides-shift-allowances-and-overtime-compensation-from-2024
President Nikos Christodoulides addressed the 60th Congress of PASYDY, the Civil Servants' Trade Union, where he discussed significant developments regarding the restoration of shift allowances and overtime compensation for civil servants....
https://knews.kathimerini.com.cy/en/news/in-search-of-an-energy-strategy
After President Christodoulides' visit to Israel and his meeting with Netanyahu, two key issues have emerged regarding Nicosia's energy strategy:...
https://knews.kathimerini.com.cy/en/news/unficyp-responds-to-allegations-of-farmland-transfer-in-un-buffer-zone
The UN peacekeeping force in Cyprus (UNFICYP) has rejected allegations related to Greek Cypriot farmland inside the UN buffer zone in the Denia area as "false and misleading", its spokesperson, Aleem Siddique, has said....
https://knews.kathimerini.com.cy/en/news/meta-slammed-with-record-€1-2-billion-fine-over-user-data-handling
Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead privacy regulator in the European Union for its handling of user information and given five months to stop transferring users’ data to the United States....
https://knews.kathimerini.com.cy/en/news/cyprus-israel-and-the-us-join-forces-in-civil-protection
Cyprus is interested in further developing its capabilities in the field of civil protection, not only at a state level but also at an international and regional level, by deepening its multifaceted partnerships with states in our region - and beyond....
https://knews.kathimerini.com.cy/en/news/president-acknowledges-hiring-mistakes-promises-reforms-for-transparency
President Nicos Christodoulides has acknowledged errors in the hiring process of advisers within the Presidency and ministries. Addressing the issue of hiring a consultant at the Deputy Ministry of Culture during his statements in Larnaca,...
https://knews.kathimerini.com.cy/en/business/energean-unveils-ambitious-plans-for-israeli-gas-exploitation
Energean announced on Thursday that by September 2023 it will submit to the Israeli government for approval a comprehensive program for the exploitation of the deposits of the "Olympus Area" of the Israeli Exclusive Economic Zone, so as to begin its implementation in early 2024....
https://knews.kathimerini.com.cy/en/comment/opinion/sanctions-have-exposed-our-hypocrisy
The initial wave of sanctions, enforced by the UK and the US against Cypriot entities (individuals, law firms, service companies) for facilitating transactions to those impacted by the sanctions imposed on Russia following the invasion of Ukraine,...
https://knews.kathimerini.com.cy/en/news/cyprus-praises-visit-by-us-guided-missile-destroyer
Cyprus Defence Minister, Michalis Giorgallas, has said that the call which class guided-missile destroyer USS Arleigh Burke paid on Wednesday at Limassol port, is a proof of the strong position which Cyprus has in the region...
https://knews.kathimerini.com.cy/en/news/controversial-appointments-continue-latest-allegations-spark-public-outcry
The reactions regarding the appointments of the Christodoulides government are intensifying day by day, forcing them to take measures in order to address any lingering concerns that may provoke public sentiment....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-strict-adherence-to-sanctions-worries-legitimate-entities
Banks have become cautious regarding sanctions imposed by the USA, EU, and UK, and they are not willing to take any risk in serving individuals or entities in Cyprus who are subject to sanctions....
https://knews.kathimerini.com.cy/en/news/new-opportunity-for-cyprus-un-envoy-sees-last-chance-for-progress
UN Secretary General's Special Representative in Cyprus, Colin Stewart, has expressed the belief that "we are on the verge of a new opportunity to try to have some progress on the Cyprus problem," adding that this "may be the last opportunity."...