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/cyprus-prepares-new-€4-5m-electric-vehicle-subsidy-plan-to-boost-clean-driving
Cyprus is gearing up to launch a fresh plan to encourage the use of electric vehicles (EVs), with a €4.5 million budget aimed at helping drivers switch to cleaner transportation....
https://knews.kathimerini.com.cy/en/news/pompeo-to-kathimerini-cyprus-must-stand-firm-with-the-west
In a wide-ranging interview, former U.S. Secretary of State and current Executive Chairman of Impact, Mike Pompeo, spoke about the importance of Western unity, the evolving geopolitical balance in Ukraine and the Middle East, the challenge posed by China, and Cyprus’ role in an increasingly complex global landscape....
https://knews.kathimerini.com.cy/en/business/cyprus-in-the-spotlight-mediterranean-pact-offers-jobs-energy-and-influence
Cyprus is positioning itself for a front‑row seat in a major new regional plan. The EU‑backed Pact for the Mediterranean, launched in mid‑October, aims to deepen cooperation across the southern shores of the Mediterranean, and Cyprus stands to gain in several concrete ways....
https://knews.kathimerini.com.cy/en/news/christodoulides-he-clearly-doesn-t-know-who-he-s-dealing-with
A new round of tension has erupted between Athens and Nicosia over the ambitious undersea electricity cable meant to connect Greece, Cyprus, and Israel, known as the GSI Interconnector, after a report suggested Greece’s power grid operator had challenged a funding decision by Cyprus’s energy regulator....
https://knews.kathimerini.com.cy/en/news/cyprus-eyes-u-s-military-gear-to-bolster-defense
Cyprus has formally asked the United States for surplus military equipment, President Nikos Christodoulides revealed in a late-night TV interview on Monday, calling it a natural step in the island nation’s closer security ties with Washington....
https://knews.kathimerini.com.cy/en/business/end-of-an-era-as-kean-factory-to-be-replaced-by-urban-high-rises
One of Cyprus’s most iconic factories is shutting down. After nearly 70 years in the heart of Limassol, the historic KEAN factory will officially wrap up operations at its current site by 2026, marking the end of an era for the local soft drink producer....
https://knews.kathimerini.com.cy/en/business/xm-investors-await-green-light-to-take-over-ancoria-bank
Two Cypriot investors behind a successful global trading platform are making a bold move to take over Ancoria Bank, in what could signal a new era for small-scale banking in Cyprus....
https://knews.kathimerini.com.cy/en/business/eurobank-eyes-dual-listing-on-cyprus-and-athens-stock-exchanges-after-hellenic-bank-exit
Greece’s Eurobank is considering listing its shares on the Cyprus Stock Exchange (CSE), just as Hellenic Bank prepares to officially delist on June 30, 2025, sealing a €1.3 billion investment deal that signals strong faith in the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/cyprus-joins-southern-eu-nations-in-opposing-proposed-france-uk-migration-pact
Cyprus and four other southern European Union countries have voiced opposition to a proposed migration agreement between France and the United Kingdom, cautioning it could shift the burden of asylum claims onto them....
https://knews.kathimerini.com.cy/en/business/ancoria-bank-shifts-to-cypriot-hands-in-major-shake-up
Banking changes in Cyprus are rolling full steam ahead in 2025, with Ancoria Bank now seeing a major shift in its ownership. Entrepreneur and co-founder of XM, Kostas Kleanthous, has reached an agreement to buy more than 50% of Ancoria Bank, making him the new majority shareholder. ...
https://knews.kathimerini.com.cy/en/news/trump-unveils-$5m-‘trump-card-for-citizenship-is-it-right-out-of-the-cyprus-playbook
In classic Trump fashion, the president made headlines yet again—this time mid-air aboard Air Force One—by unveiling a new “Trump Card” aimed at wealthy foreign investors....
https://knews.kathimerini.com.cy/en/news/putin-gives-green-light-for-western-companies-to-return-but-on-russia-s-terms
Russian President Vladimir Putin has opened the door for Western companies to return to Russia, but not without conditions....
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/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/are-rules-only-for-some-illegal-latchi-hotel-expansion-set-to-be-approved
A controversial tourist development in Latchi has raised serious concerns over government transparency and adherence to the rule of law, as the construction of a four-star resort faces allegations of long-standing illegalities. ...
https://knews.kathimerini.com.cy/en/business/greek-companies-dominate-cyprus-market-with-expanding-investments
In recent years, a wave of Greek companies has been making significant strides in Cyprus, investing across various sectors and expanding their reach....
https://knews.kathimerini.com.cy/en/business/cyprus-risks-losing-grip-on-interconnector-amid-french-power-move
A reported agreement between Greece’s ADMIE and French investment fund Meridiam could alter the energy landscape of the Eastern Mediterranean, especially for Cyprus....
https://knews.kathimerini.com.cy/en/news/larnaca-and-paphos-airports-to-handle-17-5-million-passengers-annually
The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......
https://knews.kathimerini.com.cy/en/news/kadis-gains-key-approval-for-eu-fisheries-role-promises-new-ocean-pact
The committee on fisheries (PECH) of the European Parliament has approved the appointment of Costas Kadis as Commissioner for Fisheries and Oceans, with the positive opinion of the Committee on the Environment, Public Health and Security (ENVI), after his hearing in Brussels.
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https://knews.kathimerini.com.cy/en/news/limassol-and-larnaca-set-for-greener-urban-transport
Cyprus has officially launched its Sustainable Urban Mobility Plans (SUMP) for Limassol and Larnaca, making a significant step towards the the country’s transition towards greener, more accessible urban spaces....
https://knews.kathimerini.com.cy/en/news/von-der-leyen-unveils-new-european-commission-lineup
European Commission President Ursula von der Leyen has unveiled the list of new commissioners, including Kostas Kadis from Cyprus, who has been appointed as Commissioner for Fisheries and Oceans. ...
https://knews.kathimerini.com.cy/en/news/von-der-leyen-unveils-new-eu-commission-amid-slovenian-delay
European Commission President Ursula von der Leyen has selected Cyprus' Kostas Kadis as the next Commissioner for Fisheries and Oceans. Announcing the decision today, von der Leyen praised Kadis, saying,...
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/uber-to-add-100-000-electric-cars-to-its-global-fleet
Uber has announced a deal to integrate 100,000 electric vehicles (EVs) from China's BYD into its global fleet....
https://knews.kathimerini.com.cy/en/business/lidl-s-21st-store-in-paphos-boosts-cyprus-retail-battle
Almost 15 years after Lidl Cyprus entered the Cypriot market, the company is set to open its 21st store in Paphos, specifically in Neon Mall....
https://knews.kathimerini.com.cy/en/news/cyprus-has-a-long-way-to-go-when-it-comes-to-ev-s
Cyprus lags behind the rest of the European Union in the adoption of battery electric vehicles (BEVs), according to data from the European Alternative Fuels Observatory (EAFO). While growth is noted and targets seem achievable, the country's rate of electric car use remains among the lowest in the EU....
https://knews.kathimerini.com.cy/en/news/cyprus-president-advocates-von-der-leyen-metsola-re-election
President of the Republic Nikos Christodoulides voiced on Monday his support for the re-election of Ursula von der Leyen and Roberta Metsola to the posts of President of the Commission and President of the European Parliament respectively....
https://knews.kathimerini.com.cy/en/news/cyprus-plans-€3-1b-climate-investment-by-2030
Cyprus’ total investment on climate change in both EU and public funds as well as private investments are estimated to amount to €3.1 billion by 2030, the Finance Ministry has said....
https://knews.kathimerini.com.cy/en/news/far-right-surges-in-european-elections
In a dramatic turn of events, far-right parties across Europe have secured significant gains in the recent EU elections, particularly in Germany and France. ...
