https://knews.kathimerini.com.cy/en/news/high-stakes-talks-on-cyprus-greece-power-link-leave-crucial-questions-unresolved
A high-level meeting at the Presidential Palace in Nicosia has concluded discussions on the Great Sea Interconnector (GSI), the ambitious electricity link between Cyprus and Greece....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-crucial-energy-decisions-in-nicosia-meeting
Cyprus' political leadership is poised to make pivotal decisions about its energy future in a major meeting set to take place at the Presidential Palace tomorrow, according to Kathimerini's Apostolos Tomaras. ...
https://knews.kathimerini.com.cy/en/life/nicosia-launches-free-accelerator-program-for-creative-businesses
The Nicosia Municipality is offering a free, two-month business accelerator program designed for individuals, groups, and existing businesses in the creative and cultural sectors. ...
https://knews.kathimerini.com.cy/en/news/cabinet-to-make-final-call-on-power-link-funding-today
The Cyprus Cabinet is meeting today to finalize decisions on the financing of the Cyprus-Greece electricity interconnection project, known as the Great Set Interconnector. ...
https://knews.kathimerini.com.cy/en/news/cyprus-greece-break-deadlock-crete-cyprus-power-link
Officials from Cyprus and Greece have reached an agreement in principle to resolve the impasse over the Crete-Cyprus electricity interconnection project....
https://knews.kathimerini.com.cy/en/news/eu-allocates-€39-5-million-for-turkish-cypriot-community
The European Commission on Tuesday approved the 2024 Annual Action Programme, granting €39.5 million to support the Turkish Cypriot community's socio-economic development and advance Cyprus' reunification efforts....
https://knews.kathimerini.com.cy/en/news/cyprus-crete-energy-link-faces-collapse-amid-political-turmoil
The Cyprus-Crete electricity interconnection project, a critical initiative to integrate Cyprus into the European energy grid, is mired in political and economic controversy, threatening its future. ...
https://knews.kathimerini.com.cy/en/business/hellenic-bank-s-profits-surge-amid-higher-lending-rates
Hellenic Bank, Cyprus’ second-largest lender, has had a strong start to 2024, reporting a net profit of €189 million in the first half of the year—a solid 18% increase from last year. This boost in profit is mainly due to a 30% rise in interest income, driven by higher European Central Bank (ECB) interest rates....
https://knews.kathimerini.com.cy/en/news/energy-minister-and-finance-minister-clash-over-cyprus-energy-future
The Republic of Cyprus is at a critical juncture in its energy sector as multiple projects face delays and uncertainty, raising concerns about the country's future energy security and international relations....
https://knews.kathimerini.com.cy/en/news/israel-launches-major-military-operation-in-west-bank-9-dead
Israel initiated a significant military operation early Wednesday targeting multiple areas in the northern occupied West Bank....
https://knews.kathimerini.com.cy/en/news/cera-decision-delay-stalls-cyprus-crete-electrical-cable-project
The Regulatory Authority of Cyprus (CERA) has once again postponed its decision on the timing of cost recovery for the Cyprus-Crete electrical cable project, causing frustration among stakeholders....
https://knews.kathimerini.com.cy/en/news/european-commission-allocates-€1b-to-flood-affected-nations
The European Commission proposed on Tuesday over €1 billion in financial support from the EU Solidarity Fund (EUSF) to help Italy, Slovenia, Austria, Greece and France deal with the impacts of the severe floods that hit these countries in 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-has-second-largest-decrease-in-firefighter-jobs-across-eu
The number of firefighters was cut in 12 EU member states, including Cyprus, in 2023, while Cyprus was the country with the second largest drop in the employment of firefighters that year, according to an analysis by the European Trade Union Confederation (ETUC) of EU Labour Force Survey data which was also published recently by Eurostat.
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https://knews.kathimerini.com.cy/en/news/emergency-meeting-to-address-progress-on-lng-and-gsi-projects
The Cyprus Parliamentary Energy Committee will hold an emergency meeting on Wednesday morning to review updates on two key projects......
https://knews.kathimerini.com.cy/en/news/limassol-port-welcomes-althaia-barge-pioneering-green-energy-for-ships
The docking of the Althaia barge was successfully completed on August 13th at the Port of Limassol, the Cyprus Marine and Maritime Institute (CMMI) said in a statement on Friday......
https://knews.kathimerini.com.cy/en/comment/opinion/choirokoitia-archaeological-site-in-urgent-need-of-modernization
For many years, even before independence, Cyprus Tourism and the relevant authorities have relied heavily on the "sun and sea" model, which has significantly influenced how......
https://knews.kathimerini.com.cy/en/news/cypriot-banks-slash-eurosystem-funding-by-€2-6-billion
Cypriot banks have almost zeroed funding from the Eurosystem via the Targeted Long-Term Refinancing Operations (TLTRO), with the latest data by the Central Bank of Cyprus (CBC) showing repayments amounting to €2.6 billion....
https://knews.kathimerini.com.cy/en/news/new-findings-reveal-life-on-cyprus-northwest-coast-4-000-years-ago
More information has been revealed about the Chalcolithic period and the Bronze Age on the island’s northwest coast during excavations at the Makounta-Voules Archaeological project in the Paphos district....
https://knews.kathimerini.com.cy/en/news/ukraine-intensifies-fight-against-illicit-tobacco-trade
The illicit tobacco trade in Ukraine, one of Europe's most prominent black markets for cigarettes, is sending shockwaves through the economies of neighboring countries,...
https://knews.kathimerini.com.cy/en/business/cyprus-finalizes-2025-budget-with-focus-on-export-growth
The Council of Ministers is set to finalize discussions on the 2025 state budget by mid-September, as confirmed by Finance Minister Makis Keravnos. ...
https://knews.kathimerini.com.cy/en/comment/opinion/why-we-failed-as-a-country
In July, the resilience of Cypriot society was tested once again as it faced yet another challenge, underscoring its entrapment in heavy fuel oil. This entrapment translates into an annual fine of €200 million due to emissions. ...
https://knews.kathimerini.com.cy/en/news/nicosia-faces-financial-strain-amid-local-government-reforms
In an article in this Sunday's Kathimerini, Apostolos Tomaras writes that Just two months into the tenure of Cyprus’ new local government, the Nicosia Municipality is grappling with significant financial challenges, raising concerns about its ability to comply with legal requirements....
https://knews.kathimerini.com.cy/en/business/eu-demands-cyprus-return-€101m-in-energy-project-funds
The Republic of Cyprus is preparing to respond to the European Commission by the first week of September regarding a demand to return €101 million in funding that was allocated for the Vasilikos energy terminal, Energy, Trade, and Industry Minister George Papanastasiou said Thursday....
https://knews.kathimerini.com.cy/en/news/call-for-kokkina-crossing-point-to-be-reopened-gains-momentum
The Kato Pyrgos Tillyria Community Authority is renewing its push for the reopening of the Kokkina crossing point, a move they argue is essential for revitalizing the region and addressing longstanding grievances....
https://knews.kathimerini.com.cy/en/news/eu-bolsters-lebanon-with-€1b-aid-package
The European Union has begun political dialogue with the Lebanese government to implement critical reforms, backed by substantial EU funding. ...
https://knews.kathimerini.com.cy/en/news/cyprus-boosts-r-d-funding-by-nearly-20-spending-€138m-in-2023
Cyprus significantly boosted its investment in research and development (R&D) in 2023, with government budget allocations rising by 19.8% compared to the previous year, according to new data from Eurostat. This increase is notably higher than the average 5.3% rise observed across the European Union during the same period....
https://knews.kathimerini.com.cy/en/business/€6m-fund-available-for-innovators-to-tackle-real-world-challenges
The Research and Innovation Foundation (RIF) has announced a new funding program called "Co-Develop" with a total budget of €6 million. This program aims to solve real-world problems by connecting researchers with businesses in areas such as digital technologies, advanced agriculture, health, and the environment....
https://knews.kathimerini.com.cy/en/news/kamala-harris-selects-tim-walz-as-running-mate
Viewed by many as a dark horse candidate, Illinois Gov. J.B. Pritzker has not been selected to serve as Kamala Harris’ running mate. Harris chose Minnesota Gov. Tim Walz as the Democratic Party’s vice-presidential candidate...
https://knews.kathimerini.com.cy/en/news/rif-launches-€6m-fund-to-foster-innovation-and-economic-growth
The Research and Innovation Foundation (RIF) announced on Tuesday a new call for the "Co-Develop" funding programme, with a total budget of €6 million, aimed at better leveraging resources and apply innovative solutions to real problems....
https://knews.kathimerini.com.cy/en/news/disy-president-urges-transparency-amid-vasilikos-scandal
DISY President Annita Demetriou's call for transparency regarding the Vassilikos scandal carries dual significance. ...
