https://knews.kathimerini.com.cy/en/business/vasilikos-project-needs-another-€200-million—will-it-ever-be-finished
The ambitious Vasilikos gas terminal project in Cyprus is facing significant financial and logistical hurdles, with an additional €200 million needed to complete construction. ...
https://knews.kathimerini.com.cy/en/business/global-fintech-investment-falls-to-seven-year-low-of-$95-6-billion-in-2024-but-uptick-in-q4-24-is-a-sign-of-cautious-optimism-says-kpmg-s-pulse-of-fintech-h2-24
2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....
https://knews.kathimerini.com.cy/en/news/nearly-100-deputy-mayors-in-cyprus-paid-to-do-nothing
Nearly 100 deputy mayors across Cyprus have been collecting taxpayer-funded salaries for the past nine months — without having any official duties assigned to them — due to loopholes in the local government reform, sparking frustration among both the public and the officials themselves....
https://knews.kathimerini.com.cy/en/news/33east-unites-cyprus-startup-ecosystem-for-official-fund-launch
33East, a Cyprus-focused venture capital firm, is officially launching its debut fund with an event bringing together founders, investors, and key ecosystem leaders who share the vision of transforming Cyprus into a hive for innovation and entrepreneurship....
https://knews.kathimerini.com.cy/en/news/cans-for-kids-donates-over-€14-500-in-medical-equipment-to-limassol-hospital
In an act of support for local healthcare, Cans For Kids has donated a state-of-the-art medical device to the neonatal department at Limassol Hospital. ...
https://knews.kathimerini.com.cy/en/news/police-demand-€45-000-for-carnival-security-sparks-outrage
A €45,000 bill from the police to Limassol's local authorities for security at this year's Sunday carnival parade has stirred heated reactions, with municipal officials calling the demand unacceptable and legally baseless....
https://knews.kathimerini.com.cy/en/news/unique-protected-species-in-europe-killed-at-the-mavrokolympos-dam
A month ago, the Ministry of Agriculture announced an environmental disaster: the drainage of the Mavrokolympos dam due to a technical failure that could not be repaired. ...
https://knews.kathimerini.com.cy/en/news/whatsapp-subject-to-strictest-eu-platform-rules
WhatsApp is now among the online platforms required to comply with the European Union’s most stringent transparency regulations....
https://knews.kathimerini.com.cy/en/news/nicosia-s-old-gsp-transformed-into-urban-park-ready-for-public-use
The long-awaited redevelopment of the old GSP site is nearly complete and is set to be handed over to the Nicosia Municipality in March.
...
https://knews.kathimerini.com.cy/en/news/cyprus-government-unveils-€60m-investment-plan-to-boost-agriculture
The Cypriot government has rolled out a €60 million investment plan designed to boost the competitiveness and sustainability of the country’s agricultural sector. ...
https://knews.kathimerini.com.cy/en/news/2024-global-vc-investment-rises-to-$368b-as-investor-interest-in-ai-soars
Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...
https://knews.kathimerini.com.cy/en/news/the-road-to-prosperity
Browsing social media I have recently come across a map showing all the countries with GDP per capita higher than Poland’s back in 1990 and in 2018....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-€508m-profit-for-2024
Bank of Cyprus has posted impressive results for 2024, reporting net profits of €508 million, marking a 4% increase from the previous year’s €487 million. The results reflect the bank's strong performance and growth, despite slight fluctuations in some areas....
https://knews.kathimerini.com.cy/en/news/ey-the-biggest-risks-facing-cyprus-and-governments-worldwide
As we move further into 2025, governments around the world, including Cyprus, are facing a range of challenges....
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/news/new-pediatric-oncology-clinic-to-be-built-in-nicosia
A major step forward for pediatric cancer care in Cyprus was taken on Saturday with the signing of an agreement for the construction of a new Pediatric Oncology Clinic in Nicosia....
https://knews.kathimerini.com.cy/en/news/parallel-projects-on-tseriou-ave-cause-confusion-amid-€33m-overhaul
The redevelopment of Tseriou Avenue consists of two parallel projects, creating confusion in the area and significant inconvenience for shopkeepers and residents....
https://knews.kathimerini.com.cy/en/news/cyprus-boosts-maritime-security-with-high-tech-coastguard-vessels
In a significant step to enhance Cyprus’ maritime security, the Port and Maritime Police introduced ten new high-tech vessels at a ceremony held at Limassol Port today. ...
https://knews.kathimerini.com.cy/en/news/usaid-shutdown-leaves-cyprus-based-employees-in-uncertainty
The Trump administration’s abrupt decision to shut down the U.S. Agency for International Development (USAID) has left many of its global employees, including those stationed in Cyprus, in limbo....
https://knews.kathimerini.com.cy/en/news/dicarlo-s-visit-to-cyprus-paves-the-way-for-geneva-conference-on-cyprus-issue
The two-day visit of UN Assistant Secretary-General for Political and Peacekeeping Affairs, Rosemary DiCarlo, marked a significant step in the UN’s efforts to organize an international conference on the Cyprus issue, set to take place in Geneva, Switzerland, ...
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-57-surge-in-q3-revenue-hits-$9-billion-market-cap-milestone
Freedom Holding Corp. (FRHC), the parent company of Freedom24, has announced two significant milestones: strong third quarter results for fiscal year 2025 and a record market capitalisation of $9 billion....
https://knews.kathimerini.com.cy/en/news/patriots-for-europe-cry-make-europe-great-again-at-rally
In Madrid, far-right leaders from across Europe gathered to rally against the European Union and endorse shared goals inspired by President Trump’s influence....
https://knews.kathimerini.com.cy/en/news/geroskipou-olympic-pool-to-undergo-major-renovation
The municipality of Geroskipou has announced a €360,000 renovation project for its Olympic swimming pool....
https://knews.kathimerini.com.cy/en/news/tala-s-haven-of-hope-friends-hospice-unveils-newly-renovated-palliative-care-center
A heartwarming story of community spirit and unwavering dedication has culminated in the unveiling of the newly renovated Friends' Hospice in Tala....
https://knews.kathimerini.com.cy/en/news/call-for-integrated-support-system-for-gifted-children
Despo Michaelidou, the Commissioner for the Protection of Children's Rights in Cyprus, has stressed the urgent need for a comprehensive and integrated approach to supporting gifted children....
https://knews.kathimerini.com.cy/en/news/implement-a-national-strategy-for-people-with-autism-says-demetriou
Annita Demetriou, emphasized the need for a strengthened national strategy supporting individuals with autism....
https://knews.kathimerini.com.cy/en/news/eurobasket-a-unique-opportunity-for-our-youth-says-christodoulides
Cyprus will host fifteen EuroBasket 2025 matches in Limassol on August 28, 30, and 31, and September 2 and 4, 2025....
https://knews.kathimerini.com.cy/en/news/a-new-home-for-jewish-education-coming-to-cyprus
A new Jewish school is planned for Limassol, Cyprus, slated to open in 2027....
https://knews.kathimerini.com.cy/en/business/millions-spent-little-progress-how-government-failures-derailed-the-paphos-polis-road-project
The Paphos-Polis Chrysochous road project has become a financial and legal mess, with millions already spent but little to show for it. Delays, contract disputes, and a legal loophole are holding up the project’s completion,...
https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-ease-car-recall-chaos-with-rental-cars-and-free-bus-passes
The government is stepping in to help drivers impacted by the Takata airbag recall by arranging discounted rental cars and free public transport passes for those whose vehicles have been immobilized....
