https://knews.kathimerini.com.cy/en/news/health-insurance-organization-overpaid-€150-million-in-duplicate-claims
An extraordinary case involving tens of millions of euros being drained from the HIO fund has been brought to light by “K.” At a time when middle- and low-income households are struggling with rising costs and widening inequality, which carries serious social consequences, officials within the HIO appear to have wasted vast sums of money. ...
https://knews.kathimerini.com.cy/en/news/government-weighs-return-of-mortgage-to-rent-scheme-to-help-homeowners-avoid-foreclosure
As debate continues over changes to foreclosure laws and Parliament races to pass legislation that will reshape the framework, the Mortgage to Rent scheme has once again come into focus....
https://knews.kathimerini.com.cy/en/business/war-sends-euribor-climbing-and-hits-loan-holders
The war in the Middle East has clearly increased uncertainty and is putting pressure on inflation, leading to higher costs for loans in Cyprus that are tied to Euribor. More specifically, Euribor has increased by 20 basis points since the start of the war just over 20 days ago. ...
https://knews.kathimerini.com.cy/en/news/1-petrolina-a-longstanding-sponsor-of-the-love-route
Petrolina continues to support the humanitarian initiative ''Love Route'', organized by the Cyprus Association for children with cancer and related diseases “One Dream One Wish”, for the 18th consecutive year, contributing to the effort to support children diagnosed with cancer and their families....
https://knews.kathimerini.com.cy/en/news/thousands-of-public-accounts-still-waiting-to-be-checked-audit-office-says
Thousands of financial reports from Cyprus’ wider public sector have still not been audited, some going back almost three decades, raising fresh concerns about transparency and how public money is monitored....
https://knews.kathimerini.com.cy/en/news/cyprus-weighs-compensation-plan-for-occupied-properties-as-little-as-€2-monthly
Lawmakers in Cyprus are working to introduce legislation that would regulate compensation for displaced property owners who lost the use of their land in the occupied areas following the events of 1974. ...
https://knews.kathimerini.com.cy/en/business/alpha-bank-cyprus-fined-€160-000-over-unfair-mortgage-loan-clauses
Cyprus’ Consumer Protection Service (CPS) has imposed a €160,000 administrative fine on Alpha Bank Cyprus Ltd after determining that certain clauses in its mortgage loan agreements with consumers were unfair and insufficiently transparent....
https://knews.kathimerini.com.cy/en/news/farmers-demand-end-to-mass-slaughter-of-healthy-animals-and-push-for-nationwide-vaccination
A nationwide vaccination campaign against foot-and-mouth disease is intensifying across Cyprus as agricultural organizations meet with President Nikos Christodoulides today to demand changes to the current strategy for tackling the outbreak....
https://knews.kathimerini.com.cy/en/news/paphos-man-loses-nearly-€7-000-after-scam-caller-poses-as-bank-employee
A 50-year-old man in Paphos lost €6,860 after falling for a phone scam by someone pretending to be a bank employee, police said....
https://knews.kathimerini.com.cy/en/news/eu-opens-door-to-using-funds-for-cross-border-abortions
A group of more than one hundred Members of the European Parliament is urging the European Commission to step in on abortion access, intensifying pressure just as Brussels prepares to respond to a major citizen campaign on the issue....
https://knews.kathimerini.com.cy/en/news/nicosia-tells-europe-cities-know-what-people-actually-need
Ever wondered who actually fixes the potholes, deals with housing shortages, or scrambles during a heatwave? City halls do. And this week, Europe’s capital city mayors came together to remind Brussels of exactly that....
https://knews.kathimerini.com.cy/en/news/robert-duvall-oscar-winning-screen-legend-dies-at-95
Robert Duvall, the Academy Award-winning actor celebrated for a long career playing steely, often hard-edged characters in some of Hollywood’s most acclaimed films, has died at the age of 95....
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....
