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12° Nicosia,
16 July, 2025
 

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Displaying results 1-30 of 672 matches for query funding.

1. Vasilikos scandal: Bank accounts under scrutiny in EU probe

https://knews.kathimerini.com.cy/en/business/vasilikos-scandal-bank-accounts-under-scrutiny-in-eu-probe

Cyprus' political parties are voicing strong support for the examination of bank accounts linked to the failed Vasilikos LNG terminal as part of an ongoing investigation by the European Public Prosecutor’s Office (EPPO). ...

2. Cyprus taps U.S. and EU defense funds to strengthen military

https://knews.kathimerini.com.cy/en/news/cyprus-taps-u-s-and-eu-defense-funds-to-strengthen-military

Cyprus is taking steps to strengthen its military capabilities with help from both the European Union and the United States, government officials announced on Wednesday, marking another sign of deepening strategic ties between Nicosia and Washington....

3. Nicosia, the neglected relative

https://knews.kathimerini.com.cy/en/comment/opinion/nicosia-the-neglected-relative

Nicosia has structural issues. Where other cities have the sea, Nicosia has the Green Line. By its very nature, its development, and even the daily relief of its traffic, does not unfold in any smooth or natural way....

4. Cyprus considers electricity bill surcharge to fund €25 million energy project payment

https://knews.kathimerini.com.cy/en/business/cyprus-considers-electricity-bill-surcharge-to-fund-€25-million-energy-project-payment

Cyprus is preparing to impose a temporary surcharge on electricity bills to fund a €25 million payment requested by Greece’s Independent Power Transmission Operator (ADMIE) for the Cyprus-Greece electricity interconnection project, energy officials told Parliament on Tuesday....

5. Millions in Cyprus pollution fees diverted from green goals, critics say

https://knews.kathimerini.com.cy/en/news/millions-in-cyprus-pollution-fees-diverted-from-green-goals-critics-say

Cyprus has collected hundreds of millions of euros in pollution fees over recent years, costs passed on to electricity consumers, yet much of that revenue is not being directed toward climate or clean energy projects as mandated by the European Union, raising concerns among environmental experts....

6. Cyprus pressured to pay for stalled power cable project

https://knews.kathimerini.com.cy/en/news/cyprus-pressured-to-pay-for-stalled-power-cable-project

Cyprus is under growing pressure from both Greece and Brussels to commit funds to the delayed Cyprus-Crete electricity cable project, despite serious concerns over its viability and geopolitical risks in the region....

7. A year later, officials still haven’t implemented law to cut traffic camera fines

https://knews.kathimerini.com.cy/en/news/a-year-later-officials-still-hasn-t-implemented-law-to-cut-traffic-camera-fines

A year after Parliament passed a law to lower traffic fines in photo-enforced zones, drivers are still being slapped with the full €300 penalty, despite legislation reducing it to €85....

8. Paralimni scraps car-free plan, goes for a greener, smarter town center

https://knews.kathimerini.com.cy/en/news/paralimni-scraps-car-free-plan-goes-for-a-greener-smarter-town-center

Big changes are coming to the heart of Paralimni, just not the kind originally planned....

9. EU pressures Cyprus over stalled power cable project

https://knews.kathimerini.com.cy/en/business/eu-pressures-cyprus-over-stalled-power-cable-project

The European Commission is stepping up pressure on Cyprus to approve cost recovery measures for the stalled Great Sea Interconnector (GSI) electricity cable, amid mounting tensions between Nicosia and Athens over the ambitious but delayed project....

10. New EV grants open, but you’ve only got until October

https://knews.kathimerini.com.cy/en/business/new-ev-grants-open-but-you-ve-only-got-until-october

Cyprus is rolling out a new €2.5 million electric vehicle subsidy scheme, but only 260 spots are up for grabs, and buyers will need to move fast....

11. Cyprus e-mobility grant scheme faces criticism as initial funding runs out

https://knews.kathimerini.com.cy/en/news/cyprus-e-mobility-grant-scheme-faces-criticism-as-initial-funding-runs-out

The recently launched e-mobility grant scheme in Cyprus has drawn criticism from the Association of Importers of Motor & Electric Vehicles (SEMHIO), which expressed serious concerns about the plan’s limited budget and structural shortcomings....

12. U.S. steps in to modernize Paphos air base

https://knews.kathimerini.com.cy/en/news/u-s-steps-in-to-modernize-paphos-air-base

The long-anticipated modernization of the Andreas Papandreou Air Base in Paphos is officially underway, marking a major step forward in U.S.-Cyprus defense cooperation and the Republic’s growing strategic role in the Eastern Mediterranean. ...

13. Cyprus dams plunge below 20% as state races to secure water supply

https://knews.kathimerini.com.cy/en/news/cyprus-dams-plunge-below-20-as-state-races-to-secure-water-supply

Cyprus is grappling with one of its worst water crises in decades, with dam capacity falling to just 19.6% as of June 27, nearly half of what it was a year ago, officials confirmed....

14. Trump offers $30B to Iran to ''ditch'' the enrichment

https://knews.kathimerini.com.cy/en/news/trump-offers-$30b-to-iran-ditch-the-enrichment

In a dramatic shift from bombs to diplomacy, the Trump administration is reportedly considering a bold new offer to Iran: up to $30 billion in foreign financing to help build a nuclear energy program, so long as Tehran agrees to give up uranium enrichment entirely....

15. Cyprus backs young entrepreneurs with €50M boost

https://knews.kathimerini.com.cy/en/business/cyprus-backs-young-entrepreneurs-with-€50m-boost

Cyprus is betting on young entrepreneurs to drive the country’s economic growth, with over €10 million already distributed in grants under a national plan expected to create more than 2,000 jobs by 2027....

16. ''Lellos’ Pool'' to reopen after long-term closure

https://knews.kathimerini.com.cy/en/life/lellos-pool-to-reopen-after-long-term-closure

The Nicosia Municipality has announced that the Nicosia Municipal Swimming Pool, commonly known as “Lellos’ Pool”, is scheduled to reopen on June 27, 2025....

17. Blaise Metreweli to lead MI6, marking historic first for British intelligence

https://knews.kathimerini.com.cy/en/news/blaise-metreweli-to-lead-mi6-marking-historic-first-for-british-intelligence

Blaise Metreweli CMG has been named the new Chief of the Secret Intelligence Service (MI6), becoming the first woman to lead the organization in its 115-year history....

18. Nicosia businesses and residents demand Makarios Avenue reopens to traffic

https://knews.kathimerini.com.cy/en/news/nicosia-businesses-and-residents-demand-makarios-avenue-reopens-to-traffic

A coalition of local shopkeepers, residents, and small business owners in Nicosia’s historic shopping district is calling for the city to reopen Makarios Avenue to car traffic immediately. ...

19. Cyprus landowners denied justice for 29 years in property rights violation

https://knews.kathimerini.com.cy/en/news/cyprus-landowners-denied-justice-for-29-years-in-property-rights-violation

Cyprus’ Ombudsman has called for immediate action to resolve a 29-year violation of private property rights in the village of Tris Elies, where a water reservoir has stood on private land without the owner’s consent, permits, or compensation since 1996....

20. AEGEAN Launches New Round of Scholarships for Future Aircraft Engineers

https://knews.kathimerini.com.cy/en/business/aegean-launches-new-round-of-scholarships-for-future-aircraft-engineers

AEGEAN continues to invest in the next generation of Aircraft Engineers in Greece by announcing the launch of a new cycle of its Training Scholarship program...

21. Posh perks and pricey trips: Inside Parliament’s 2023 spending spree

https://knews.kathimerini.com.cy/en/news/posh-perks-and-pricey-trips-inside-parliament-s-2023-spending-spree

The Auditor General of the Republic has issued a series of significant recommendations in his report concerning the operations of the House of Representatives for the year 2023....

22. Nicosia gears up for the ultimate summer street fest on June 3

https://knews.kathimerini.com.cy/en/news/nicosia-gears-up-for-the-ultimate-summer-street-fest-on-june-3

Mark your calendars and bring your appetite, Epic Street Fest Summer Edition is taking over the newly transformed old GSP park in central Nicosia on Monday, June 3, from 7:00 p.m. to midnight, ...

23. EAC adjusts smart meter rollout after appliance damage reports

https://knews.kathimerini.com.cy/en/news/eac-adjusts-smart-meter-rollout-after-appliance-damage-reports

The Electricity Authority of Cyprus (EAC) will revise its smart meter installation strategy following a series of reported incidents, including fires and damaged appliances, officials said....

24. Global VC investment rises in Q1’25 on back of record-setting $40 billion Open AI deal, according to KPMG’s Venture Pulse

https://knews.kathimerini.com.cy/en/business/global-vc-investment-rises-in-q1-25-on-back-of-record-setting-$40-billion-open-ai-deal-according-to-kpmg-s-venture-pulse

Global VC investment surged from $118.7 billion in Q4’24 to an eleven-quarter high of $126.3 billion in Q1’25, despite ongoing geopolitical conflicts and tensions, continued concerns about global trade and tariffs, and the delay of a major reopening in the IPO market....

25. EU lawmakers approve tariff hikes on Russian, Belarusian agricultural imports

https://knews.kathimerini.com.cy/en/news/eu-lawmakers-approve-tariff-hikes-on-russian-belarusian-agricultural-imports

The European Parliament voted Thursday to impose higher tariffs on fertilizers and select agricultural products from Russia and Belarus, aiming to curb the bloc’s reliance on imports from the two countries....

26. Cultivating success stories of innovation: Deloitte’s exclusive event celebrating tech start-ups

https://knews.kathimerini.com.cy/en/news/cultivating-success-stories-of-innovation-deloitte-s-exclusive-event-celebrating-tech-start-ups

Deloitte has long championed and supported innovation and entrepreneurship, spearheading various initiatives throughout the region....

27. Over €620,000 in upgrades heading to Polis and nearby villages

https://knews.kathimerini.com.cy/en/business/over-€620-000-in-upgrades-heading-to-polis-and-nearby-villages

In a welcome boost for the Paphos district, more than €620,000 in grants will soon flow into Polis Chrysochous and surrounding communities as part of a government push to breathe new life into rural, mountainous, and remote areas....

28. Kyrenia's historic church brought back to life

https://knews.kathimerini.com.cy/en/life/kyrenia-s-historic-church-brought-back-to-life

A centuries-old church in Kyrenia, once the spiritual heart of the region, has been brought back to life after an extensive restoration project....

29. New U.S. bill eyes Cyprus as key player in countering China’s Belt and Road

https://knews.kathimerini.com.cy/en/business/new-u-s-bill-eyes-cyprus-as-key-player-in-countering-china-s-belt-and-road

A bipartisan group of lawmakers has introduced the Eastern Mediterranean Gateway Act, a bill designed to elevate the Eastern Mediterranean in U.S. foreign policy and strengthen partnerships with countries in the region, including Cyprus....

30. Andreas Neocleous, Omiros Pissarides, Eirini Hadjisavva, and Marios Tannousis to Speak at Green Agenda Cyprus Summit

https://knews.kathimerini.com.cy/en/news/andreas-neocleous-omiros-pissarides-eirini-hadjisavva-and-marios-tannousis-to-speak-at-green-agenda-cyprus-summit

This year’s Sustainable Development Conference aims to support and enhance Cyprus’s national strategy for the Green Transition....

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