https://knews.kathimerini.com.cy/en/news/cera-proposes-reduced-electricity-increases-amidst-parliamentary-discussion
The head of Regulatory Energy Cyprus (Cera), Andreas Poulikkas, briefed the Parliament's Finance Committee on the latest proposals submitted by the Electricity Authority of Cyprus (EAC) for review. ...
https://knews.kathimerini.com.cy/en/news/government-disputes-uk-high-commissioner-s-call-for-incentives-in-cyprus-talks
The Cypriot Government does not accept the position expressed by British High Commissioner Irfan Siddique that the Turkish Cypriots want incentives for the resumption of talks....
https://knews.kathimerini.com.cy/en/news/t-c-s-want-incentives-from-g-c-s-to-return-to-talks
''I personally think there is flexibility in the positions expressed by the Turkish side" says British High Commissioner Irfan Siddiq, explaining that "they want to have the right to talk about a separate state...''...
https://knews.kathimerini.com.cy/en/news/cyprus-secures-€20-9-million-boost-from-eu-s-recovery-fund
In a significant development, the European Commission announced a pre-financing injection of €20.9 million for Cyprus from the Recovery and Resilience Mechanism,...
https://knews.kathimerini.com.cy/en/news/town-in-croatia-sells-homes-for-13-cents
In the northern town of Legrad, Croatia, a creative initiative offers homes for as low as 13 cents to attract new residents. Launched in 2018, the program aims to reverse population decline, with already promising results....
https://knews.kathimerini.com.cy/en/news/women-say-no-to-more-babies-despite-chinese-government-urges
Amid a national emergency, China's Communist Party strives to increase birth rates with incentives like cheaper housing and tax benefits....
https://knews.kathimerini.com.cy/en/news/78-of-gyms-in-cyprus-operate-illegally-posing-risks-to-consumers
In a startling revelation, the Pan-Cyprian Association of Gym Owners (PASIGY) disclosed in a press conference on Tuesday that a staggering 78% of private gyms in Cyprus are operating without the necessary licenses....
https://knews.kathimerini.com.cy/en/news/a-government-on-fragile-ground
In May 2022, Nikos Christodoulides announced his candidacy for the Presidency of the Republic, only to be overshadowed by the revelation of a partially plagiarized speech from Ioannis Kasoulides during the 2008 presidential election....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-targets-green-initiatives-and-economic-revitalization
By March 2024, the initial six phases of the tax transformation project commissioned by the Ministry of Finance to the Centre for Economic Research of the University of Cyprus will conclude,...
https://knews.kathimerini.com.cy/en/news/un-chief-expresses-concern-over-deepening-divide-in-cyprus
''It becomes clearer with every passing year that the divide between the sides is growing, gradually eroding the prospects of finding a mutually acceptable political settlement''...
https://knews.kathimerini.com.cy/en/business/cyprus-grapples-with-lingering-private-debt-woes
In Cyprus, the European Commission consistently highlights the significant economic challenge of private debt through regular post-program or post-memorandum reports....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-housing-crisis-deepens-amid-interest-rate-scandal
With current interest rates, the prospect of repaying a mortgage spans nearly fifty years for an average family, turning homeownership into an elusive dream....
https://knews.kathimerini.com.cy/en/news/minister-upset-as-staff-gaps-widen
In its 2023 Employment and Social Developments in Europe (ESDE) report, the European Commission identifies major shortages in construction, healthcare, science, technology, and STEM (Science, Technology, Engineering, and Mathematics) occupations, spanning high, medium, and low-skilled roles...
https://knews.kathimerini.com.cy/en/news/lisbon-s-homes-unaffordable-as-prices-hit-record-highs
In a dramatic twist, Lisbon finds itself grappling with a housing crisis, ranking second only to Athens in soaring housing costs among major European cities, reports Bloomberg. ...
https://knews.kathimerini.com.cy/en/news/€6m-fund-faces-scrutiny-in-migrant-returns
A recent evaluation conducted by the Audit Office sheds light on the challenges faced by the Police in detecting and repatriating irregular migrants and asylum seekers....
https://knews.kathimerini.com.cy/en/news/a-deep-dive-into-food-waste-solutions
A third of all food produced is never eaten, meanwhile millions go hungry. What can be done? Here are six simple solutions to food waste....
https://knews.kathimerini.com.cy/en/news/cyprus-unveils-bold-housing-policy-boost
In a strategic move to spur affordable housing development, the Cyprus government introduces a groundbreaking housing policy....
https://knews.kathimerini.com.cy/en/comment/opinion/traffic-woes-make-nicosia-s-core-the-key-to-urban-transformation
Traffic is one of the most pressing issues that need resolution. While all cities face similar problems, Nicosia leads the pack. Focusing on Nicosia, the state's main effort is concentrated on developing the regional road network—an effort I not only agree with but advocate for intensifying. ...
https://knews.kathimerini.com.cy/en/news/boc-reports-€349-million-in-profits-plans-employee-bonuses-for-2024
In a significant financial turnaround, Bank of Cyprus reported a notable profit of €349 million for the nine months ending September 30, 2023, marking a substantial improvement from the €19 million loss in the same period last year. ...
https://knews.kathimerini.com.cy/en/news/seven-ways-to-boost-cyprus-economy-and-competitiveness
The Cyprus economy needs seven important pillars to respond to the increasingly volatile environment, achieve greater growth, gain a more resilient and competitive economy, and develop innovation and more growth potential, according to PwC CEO Philippos Soseilos....
https://knews.kathimerini.com.cy/en/news/a-decade-ago-amazon-launching-drones-for-parcel-deliveries
Exactly a decade ago, Amazon revealed a program that aimed to revolutionize shopping and shipping. Drones launched from a central hub would waft through the skies delivering just about everything anyone could need....
https://knews.kathimerini.com.cy/en/business/ministry-secures-€245-million-boost-for-business-growth-in-2027
A total of €245 million has been secured by the Ministry of Energy, Commerce and Industry for the new programming period up to 2027, which will be made available to businesses through targeted grant plans with an emphasis on absorbing and utilising as many resources as possible from European Funds, including the Recovery and Resilience Fund, Energy Minister George Papanastasiou said on Friday, speaking at the General Electoral Assembly of the Paphos Chamber of Commerce and Industry....
https://knews.kathimerini.com.cy/en/news/government-unveils-€77-million-housing-policy-to-tackle-housing-crisis
Interior Minister Konstantinos Ioannou introduced the government's new housing policy. In his opening statement, Mr. Ioannou outlined a comprehensive plan involving multiple levels of actions and measures, which allocates €77 million over a five-year period for the implementation of specific initiatives....
https://knews.kathimerini.com.cy/en/news/new-boarding-method-to-save-time-and-money
Airlines have long grappled with the challenges of efficient boarding, a process that often leads to travelers standing in lengthy queues both outside and inside the aircraft....
https://knews.kathimerini.com.cy/en/news/new-measures-unveiled-for-energy-and-housing
In a decisive move to support Cyprus' households and businesses, the Council of Ministers, under the leadership of President Nikos Christodoulides, unveiled a comprehensive package of immediate and medium-term measures today....
https://knews.kathimerini.com.cy/en/news/nicosia-s-walled-city-receives-€220-million-makeover
Over the last 12 years the investment to revitalize the walled city reached 220 million euros in total, Nicosia Mayor, Constantinos Yiorkadjis said on Friday, noting that during this period, projects worth 100 million euros have been completed in the historic centre, while 50 million euros worth of projects are underway....
https://knews.kathimerini.com.cy/en/business/inflation-fears-and-green-investments
The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...
https://knews.kathimerini.com.cy/en/news/christodoulides-takes-on-migration-housing-and-traffic-head-on
Migration, housing and traffic are the subjects the President of the Republic, Nikos Christodoulides focuses on, aiming for immediate and effective resolution, he said, speaking at the regular meeting of the Board of Directors of Cyprus Employers and Industrialists Federation (OEB) in Limassol on Wednesday afternoon....
https://knews.kathimerini.com.cy/en/news/delta-offers-$4-000-for-flight-delays
Overbooked flights are becoming more and more commonplace as airlines look to maximize capacity and profits. And smart flyers who aren’t in a rush can capitalize on those crowds, sometimes in a big way....
https://knews.kathimerini.com.cy/en/news/foreign-buyers-flock-to-cyprus-real-estate
Recent data on property sales in Cyprus reveal distinct trends in different provinces. Notably, the real estate landscape in Nicosia contrasts sharply with that of coastal provinces....
