https://knews.kathimerini.com.cy/en/business/digital-euro-could-cut-costs-for-cyprus-smes-says-ecb-executive-board-member
ECB Executive Board member Piero Cipollone said the planned digital euro could bring major advantages for Cyprus, particularly for small and medium-sized businesses that currently face high fees when accepting card payments through international schemes....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-€4-4m-yearly-interest-from-eu-loan-to-ukraine
Cyprus is expected to contribute roughly €4.4 million annually toward servicing the €90 billion loan the EU plans to raise on the markets to support Ukraine in the coming years, according to sources from Kathimerini....
https://knews.kathimerini.com.cy/en/news/cyprus-scrambles-to-get-back-€67-million-eu-cash-for-stalled-lng-project
Cyprus is taking steps to recover €67 million in European Union funding for the long-delayed liquefied natural gas (LNG) terminal in Vasilikos, Energy Minister Michalis Damianou told lawmakers Tuesday....
https://knews.kathimerini.com.cy/en/news/the-month-of-scandals-that-shook-cyprus
It started with an assault allegation. It ended with resignations, suspended mayors, police probes, leaked videos, and a political system scrambling to contain the damage....
https://knews.kathimerini.com.cy/en/news/cyprus-plans-to-deliver-244-affordable-new-homes-by-year-s-end
The Cyprus Land Development Organization (KOAG) expects to deliver 244 new homes across the island by the end of 2026, the agency’s general director, Eleni Symeonidou, told lawmakers Monday during a parliamentary review of the organization’s budget....
https://knews.kathimerini.com.cy/en/news/€1-2bn-to-rearm-the-cyprus-national-guard
The approval of the Republic of Cyprus’ application to participate in the EU’s SAFE regulation (Security Action for Europe) opens a new chapter in the National Guard’s armaments program, the largest since its establishment. ...
https://knews.kathimerini.com.cy/en/news/new-generators-for-dhekelia-now-expected-in-2030
Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....
https://knews.kathimerini.com.cy/en/comment/opinion/the-president-s-band-aid-solutions
The President, in the so-called State of the Union, was less pompous than in previous years and attempted to highlight the three areas society records as positives for the government and for himself. Once again, he lined up secondary measures, band-aids, to treat deep-rooted pathologies that require radical therapies....
https://knews.kathimerini.com.cy/en/news/mep-s-€2-300-office-looks-more-like-a-home
European Parliament funding for a €2,300 rental space linked to MEP Phidias Panayiotou is raising eyebrows after video footage suggested the property may be more of a private residence than a professional office....
https://knews.kathimerini.com.cy/en/news/un-at-risk-of-running-out-of-funds-as-member-dues-go-unpaid
United Nations Secretary-General Antonio Guterres has issued a stark warning to member states that the world body is approaching a severe cash crisis that could threaten its ability to operate....
https://knews.kathimerini.com.cy/en/news/man-arrested-after-series-of-thefts-including-charity-donation-box
A 31-year-old man has been taken into custody in connection with a series of burglaries and thefts carried out in Larnaca earlier this month, police said on Wednesday....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shares-surge-to-15-year-high
When the investment fund Lone Star Funds “courted” Bank of Cyprus in the summer of 2022, offering just under €2 per share, well above its market price at the time, it clearly saw potential. ...
https://knews.kathimerini.com.cy/en/news/athalassa-psychiatric-hospital-back-at-square-one-after-millions-spent-and-wards-condemned
The Mental Health Nursing Staff Branch of PASYDY has issued a stark warning about the state of Athalassa Hospital, stating that several of its wards have now been officially classified as unfit for use and must be demolished....
https://knews.kathimerini.com.cy/en/news/who-s-really-behind-the-€500k-school-donation
Questions over a €500,000 contribution that has dominated public debate in recent days were addressed Wednesday by Deputy Minister to the President Irini Piki during a Parliamentary Institutions Committee session on the Independent Social Support Authority....
https://knews.kathimerini.com.cy/en/news/applying-for-a-travel-visa-could-drain-your-bank-account
Police are alerting the public to a newly identified online scam targeting people applying for travel visas to foreign countries, after reports that fraudsters are stealing money through counterfeit application websites....
https://knews.kathimerini.com.cy/en/news/1-800-scholarship-applications-pending-after-first-lady-s-resignation
About 1,800 scholarship applications for the 2025/2026 academic year are awaiting review following the resignation of First Lady Philippa Karsera Christodoulides from her post as President of the Independent Social Support Body....
https://knews.kathimerini.com.cy/en/news/political-fallout-continues-over-video-linking-christodoulides-to-campaign-funds
Political fallout continues over a video that surfaced on social media allegedly linking President Nikos Christodoulides to opaque fundraising practices during his election campaign....
https://knews.kathimerini.com.cy/en/comment/opinion/in-cyprus-cash-buys-everything-candles-votes-and-all
Like water flowing through the dams, like the oxygen a person breathes to survive, cash in this country is treated as a matter of life or death for anyone who wants to stay afloat....
https://knews.kathimerini.com.cy/en/news/digital-clues-suggest-turkish-source-behind-controversial-video
A controversial video questioning President Nikos Christodoulides’ campaign finances may have a Turkish connection, according to cybersecurity experts analyzing the footage that surfaced last night....
https://knews.kathimerini.com.cy/en/news/unverified-video-roils-cyprus-as-officials-cite-possible-attack-on-state
Political tensions mounted in Cyprus on Thursday after a controversial video circulated on social media alleging illicit campaign financing linked to President Nikos Christodoulides, prompting demands for explanations, a police complaint by a former minister, and an investigation into what authorities described as possible “hybrid activity” against the Republic....
https://knews.kathimerini.com.cy/en/news/eu-enlargement-crisis-now-becomes-cyprus-problem
According to information obtained by ''K,'' Berlin has raised the issue of possible ''economic consequences'' for Budapest following Hungary’s decision to block the EU Council Conclusions on Enlargement at the General Affairs Council (GAC) meeting on December 16....
https://knews.kathimerini.com.cy/en/business/when-rent-costs-as-much-as-a-mortgage-cypriots-turn-to-buying
Rents in Cyprus have risen to levels comparable with monthly mortgage payments, prompting more people to buy homes rather than rent, even when rent subsidies are available, Interior Minister Konstantinos Ioannou said....
https://knews.kathimerini.com.cy/en/news/eu-backs-€90b-ukraine-loan-but-won-t-touch-frozen-russian-billions-yet
After nearly six hours of intense talks and many more behind the scenes, EU leaders walked away from a plan that sounded simple but proved legally explosive: using frozen Russian money to pay for Ukraine’s war effort....
https://knews.kathimerini.com.cy/en/news/russia-sues-europe-for-$230b-over-frozen-billions-for-ukraine
Russia has launched a major legal challenge against Europe, filing a $230 billion lawsuit against financial services firm Euroclear over Russian state assets frozen since the start of the war in Ukraine....
https://knews.kathimerini.com.cy/en/business/germany-pours-€50-billion-into-new-weapons-and-defenses
Germany is pouring an eye-watering €50 billion into new weapons, missile defenses, and combat vehicles, a move that underscores how sharply Europe’s biggest economy is rearming and how little patience there is left for delays....
https://knews.kathimerini.com.cy/en/news/€1-2-million-vanishes-in-online-scam-targeting-limassol-company
A 35-year-old owner of a company registered abroad, but with an office in Limassol, reported today to the Limassol CID that his business fell victim to an online scam, resulting in a loss of €1.2 million....
https://knews.kathimerini.com.cy/en/news/cyprus-farmers-to-strike-say-state-aid-won-t-cover-soaring-energy-costs
Farmers across Cyprus are sounding the alarm over soaring electricity costs and dwindling water supplies, warning that recent state aid will barely make a dent....
https://knews.kathimerini.com.cy/en/news/swap-your-old-ac-and-get-paid-to-upgrade
Cyprus’ Electricity Authority (EAC) is giving households, businesses, and local authorities a helping hand to cut energy bills and go green. The new “EAC+” sponsorship plan, ...
https://knews.kathimerini.com.cy/en/news/eu-rocked-by-corruption-scandal
The arrests of former EU High Representative Federica Mogherini and veteran EU technocrat Stefano Sannino on charges of public procurement fraud and corruption have sent shockwaves through European institutions,...
https://knews.kathimerini.com.cy/en/business/etyk-and-banks-seal-long-awaited-collective-agreement
“White smoke” has finally emerged after marathon negotiations between the Cyprus Union of Bank Employees (ETYK) and the country’s banks, regarding the long-pending collective agreement that has remained unresolved since late 2022....
