https://knews.kathimerini.com.cy/en/comment/opinion/it-was-a-low-bar
The Housing Grant Scheme for young couples and individuals up to 41 years of age was launched on 31 October 2024, with a target of 400 beneficiary applications and a total budget of €15 million. ...
https://knews.kathimerini.com.cy/en/news/lidl-strengthens-its-international-commitment-to-conscious-nutrition-together-with-wwf
Lidl is advancing its commitment to conscious nutrition by further aligning its product range with the Planetary Health Diet (PHD)1 by 2050. By 2030, Lidl will increase the proportion of plant-based foods sold, such as plant-based protein sources, whole grains, fruits and vegetables, by 20 percent compared to 2022. As the first retailer to apply WWF’s methodology across all 31 Lidl countries with stores, Lidl brings transparency to its offerings across all food groups, empowering customers to make more environmentally conscious and healthier choices.
To address global challenges, like climate change, biodiversity loss and diet-related diseases we need to transform our food system2....
https://knews.kathimerini.com.cy/en/news/€14-7-million-u-s-backed-upgrade-to-transform-cyprus-airbase
The official announcement regarding the upgrade of the ''Andreas Papandreou'' airbase by the U.S. undoubtedly strengthens bilateral relations between the two countries....
https://knews.kathimerini.com.cy/en/business/construction-permits-surge-in-2024-but-stumble-in-august-due-to-system-hiccups
Building activity in Cyprus showed strong momentum in the first eight months of 2024, with construction permits climbing 8.6% compared to the same period in 2023....
https://knews.kathimerini.com.cy/en/business/new-lending-boosted-by-interest-rates-and-government-plans
A favorable landscape for Cypriot borrowers is taking shape in 2025, laying the groundwork for a strong year in new lending....
https://knews.kathimerini.com.cy/en/news/cypriots-losing-confidence-in-solar-energy-amid-frequent-shutdowns
In recent years, Cyprus has been pushing hard to adopt renewable energy, particularly solar energy, by encouraging homeowners to install photovoltaic (PV) systems. ...
https://knews.kathimerini.com.cy/en/business/dimitra-shareholders-face-tough-decision-over-logicom-s-€1-55-offer
The decision facing thousands of shareholders of Dimitra Investment is not an easy one....
https://knews.kathimerini.com.cy/en/news/trump-s-tariff-plans-could-hurt-cyprus-economy
The looming inauguration of U.S. President-elect Donald Trump has stirred concern across the Eurozone, and Cyprus is no exception....
https://knews.kathimerini.com.cy/en/news/important-changes-coming-to-ghs-medicine-prices
The Health Insurance Organisation (HIO) has announced adjustments to the cost of medications provided through the General Healthcare System (GHS), with changes set to take effect on February 3....
https://knews.kathimerini.com.cy/en/news/paphos-polis-motorway-project-faces-€10-million-cost-increase-and-delays
The budget for the design and construction of the Paphos-Polis Chrysochous Motorway has risen by €10 million, with the total cost now estimated at approximately €95 million. ...
https://knews.kathimerini.com.cy/en/news/cyprus-smashes-tourism-records-with-over-4-million-visitors-in-2024
Cyprus is celebrating a record-breaking year for tourism, with 2024 marking the first time the island welcomed over four million visitors. A total of 4,040,200 tourists arrived last year, surpassing the previous record of 3,976,777 set in 2019. ...
https://knews.kathimerini.com.cy/en/news/deadly-crash-in-kyrenia-claims-lives-of-mother-and-daughter
In a tragic incident early this morning, a 41-year-old mother and her 12-year-old daughter lost their lives in a traffic accident in the occupied Bogazi district of Kyrenia....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-department-going-after-football-clubs-over-unpaid-debts
The Cyprus Tax Department is moving forward with plans to issue indictments against all football clubs in the country that have outstanding debts to the state, regardless of the size of the amounts owed. ...
https://knews.kathimerini.com.cy/en/news/clear-skies-but-watch-out-for-the-dust
Good morning, and happy Friday! The weekend is just around the corner, and the weather is mostly cooperating—but let’s talk about the elephant in the room: the dust. ...
https://knews.kathimerini.com.cy/en/news/over-69-000-migrants-arrive-in-east-med-as-cyprus-faces-rising-numbers
In 2024, Cyprus found itself in a challenging situation as one of the two EU regions where irregular arrivals of migrants and refugees actually increased, according to new data from Frontex, the European Border and Coast Guard Agency....
https://knews.kathimerini.com.cy/en/news/heading-to-the-greek-islands-ferry-prices-are-going-up
If you’re dreaming of sailing to Greece’s picturesque islands, it’s time to budget a little extra. ...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-see-€1-billion-in-profits-as-npl-s-decline-in-2024
Cypriot banks reported impressive financial growth in the first nine months of 2024, with total profits reaching €952.5 million after taxes, a sharp rise from €602.92 million by mid-year.
...
https://knews.kathimerini.com.cy/en/business/president-s-banking-measures-spark-surge-in-first-home-loans
President Nikos Christodoulides' efforts to support citizens through new banking measures are beginning to yield results. Meetings held in December with the CEOs of Cyprus’ two major banks, Bank of Cyprus (BoC) and Hellenic Bank (HB), appear to have sparked a tangible interest in first-home mortgage schemes....
https://knews.kathimerini.com.cy/en/news/new-scandal-rocks-church-of-cyprus
The Church of Cyprus is facing a fresh wave of scandal, this time involving two clerics accused of unethical behavior. The new allegations have recently come to light,...
https://knews.kathimerini.com.cy/en/business/january-newsletter-of-k-treppides-co-ltd-03-01-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...
https://knews.kathimerini.com.cy/en/business/orthodoxou-aviation-ltd-–-general-sales-representative-of-anima-wings-in-cyprus
We are pleased to announce that starting from May 2024, Orthodoxou Aviation Ltd has been appointed as the General Sales Agent (GSA) of Anima Wings in Cyprus, ...
https://knews.kathimerini.com.cy/en/news/cyprus-house-prices-rise-for-11th-consecutive-quarter
House prices in Cyprus are on the rise again, according to the latest figures from the Statistical Service. ...
https://knews.kathimerini.com.cy/en/news/a-mildly-moody-monday-for-cyprus
Good morning, Cyprus! Here’s your Monday weather update for January 13, 2025....
https://knews.kathimerini.com.cy/en/business/cyprus-airports-hit-record-breaking-passenger-traffic-in-2024
Passenger traffic at Larnaca and Paphos airports hit an all-time high in 2024, marking a milestone for Cyprus’ travel sector, according to the Ministry of Transport, Communications and Works....
https://knews.kathimerini.com.cy/en/news/1-ai-to-shake-up-banking-putting-thousands-of-jobs-at-risk
The global banking industry is bracing for a seismic shift as artificial intelligence (AI) continues to revolutionize the sector. A recent study by Bloomberg Intelligence predicts that up to 200,000 jobs in banking will be eliminated over the next three to five years as AI takes over tasks currently performed by employees....
https://knews.kathimerini.com.cy/en/news/2024-eu-shake-up-includes-higher-schengen-visa-fees-stricter-border-checks-and-key-new-citizenship-rules
In 2024, the European Union implemented several significant changes impacting the Schengen Area and EU citizenship rules....
https://knews.kathimerini.com.cy/en/news/israeli-president-s-visit-sparks-protests-and-political-firestorm
Israeli President Isaac Herzog is set to visit Cyprus today, meeting with President Nicos Christodoulides at the Presidential Palace....
https://knews.kathimerini.com.cy/en/business/heated-reactions-over-cyprus-pay-as-you-throw-waste-management-plan
Cyprus' Parliament saw strong reactions on Wednesday following Agriculture Minister Maria Panagiotou’s announcement regarding the ''Pay As I Throw'' (PAYT) waste management system....
https://knews.kathimerini.com.cy/en/business/the-dragon-threatens-citrus-and-exports
The Ministry of Agriculture, Rural Development, and Environment is requesting the support of local authorities to prevent the destruction of the island’s citrus crops....
https://knews.kathimerini.com.cy/en/news/mcdonald-s-cuts-lgbtq-inclusion-efforts-but-claims-it-still-‘cares-about-diversity
McDonald’s, one of the world’s most recognizable brands, is recalibrating its diversity, equity, and inclusion (DEI) policies in response to recent societal and legal changes....
