https://knews.kathimerini.com.cy/en/news/no-relief-in-sight-as-electricity-prices-to-remain-high-until-2027
Electricity prices in Cyprus are expected to remain elevated for the next two years, according to the chairman of the EAC....
https://knews.kathimerini.com.cy/en/business/fewer-americans-expected-in-cyprus-this-summer-as-travel-costs-rise
Cyprus, like the rest of Europe, may see fewer American tourists this summer as high travel costs and shifting preferences push U.S. travelers to rethink their vacation plans. ...
https://knews.kathimerini.com.cy/en/news/€8-million-and-counting-as-crete-cyprus-interconnector-delays-pile-up
The long-awaited electricity interconnection between Crete and Cyprus is facing mounting financial pressure, with delays already adding at least €8 million in extra costs....
https://knews.kathimerini.com.cy/en/news/old-gsp-redevelopment-nears-completion-set-to-transform-nicosia-s-historic-centre
The long-anticipated redevelopment of the old GSP stadium in the heart of Nicosia is set to be handed over to the public this month, marking a major step in the revitalization of the capital’s historic centre....
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/news/funeral-parlors-accused-of-paying-bribes-for-bodies
Licensed funeral parlor owners in Cyprus are raising alarm over what they describe as an alarming trend of illegal funeral homes bribing hospital workers to secure the bodies of the deceased. ...
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/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/first-cypriot-appointed-to-helm-global-shipping-powerhouse
The appointment of a Cypriot as Secretary General/CEO of the International Chamber of Shipping (ICS) is a major vote of confidence in the Cypriot shipping industry....
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/business/cyprus-aims-for-cheaper-electricity-with-competitive-market-by-2025
The government is ramping up efforts to bring down electricity costs for households and businesses by July 2025 through the introduction of a competitive electricity market, Energy Minister George Papanastasiou announced on Tuesday. ...
https://knews.kathimerini.com.cy/en/news/a-clean-bill-of-health-for-paphos-food-packaging-industry
A total of 600 inspections were conducted by the Paphos Municipal Health Service as part of preventive measures during the festive period, with only three establishments requiring observations, according to the Head of the Service, Christos Christou....
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/french-investment-powers-up-cyprus-greece-electricity-link-with-€1-9b-deal
A significant agreement has been reached for the long-anticipated Cyprus-Greece electricity cable project, led by ADMIE, Greece's power grid operator. This project, which aims to connect the power grids of Cyprus and Greece, has secured new funding and a strategic partner....
https://knews.kathimerini.com.cy/en/business/greece-needs-300-000-foreign-workers-amid-labor-shortage
It is estimated that Greece’s labor market needs more than 300,000 workers from other countries, from dishwashers to chefs to carpenters, machine operators and electricians to web and software developers....
https://knews.kathimerini.com.cy/en/business/cyprus-joins-world-travel-market-in-london-with-55-exhibitors
Cyprus is present in this year's World Travel Market in London with 55 exhibitors. ...
https://knews.kathimerini.com.cy/en/news/agios-efstratios-becomes-greece-s-first-100-green-energy-island
Work on a pilot project to make the small northern Aegean island of Agios Efstratios (Ai Stratis) run entirely and autonomously on green energy has been successfully completed, Hellenic Electricity Distribution Network Operator SA (DEDDIE) announced on Wednesday.
...
https://knews.kathimerini.com.cy/en/news/threats-made-against-speed-camera-operator-in-larnaca
A speed camera operator reported receiving verbal threats from three individuals early this morning in Larnaca, according to police.
...
https://knews.kathimerini.com.cy/en/news/larnaca-airport-checks-98-of-passengers-in-under-10-minutes
During the months of July and August, 98.9% and 97.8% of passengers, respectively, have been served at security checks in less than 10 minutes, at Larnaca airport while at the passport control points at departures......
https://knews.kathimerini.com.cy/en/news/amendment-introduced-to-share-geopolitical-risks-equally-on-gsi
Late last night, Greece's Ministry of Environment and Energy introduced an important amendment that aims to share the geopolitical risks equally between Greece and Cyprus for the Great Sea Interconnector, ...
https://knews.kathimerini.com.cy/en/news/cyprus-and-chevron-set-timeline-for-aphrodite-gas-field-resolution
The Republic of Cyprus and Chevron have agreed to hold discussions over the next four months in order to seek an amicable solution that ensures the development of the Aphrodite gas field without further delays....
https://knews.kathimerini.com.cy/en/news/cyprus-and-greece-near-deal-on-critical-electricity-interconnection-project
The upcoming visit of Cypriot President Nicos Christodoulides to Athens on Wednesday could mark the end of months of uncertainty surrounding the Cyprus-Crete electricity interconnection project, according to a report by Apostolos Tomaras in Sunday's Kathimerini....
https://knews.kathimerini.com.cy/en/news/greek-police-disrupt-€26-million-vat-fraud-scheme
The Financial Police Directorate has dismantled a criminal organization involved in elaborate VAT fraud schemes, leading to significant financial losses for the state....
https://knews.kathimerini.com.cy/en/news/electricity-link-faces-delays-as-cabinet-postpones-decision
At an extraordinary meeting tomorrow, the Cabinet will discuss the Cyprus-Crete electricity interconnection project and the agreement in principle reached between Athens and Nicosia last Monday.
...
https://knews.kathimerini.com.cy/en/news/cyprus-greece-break-deadlock-crete-cyprus-power-link
Officials from Cyprus and Greece have reached an agreement in principle to resolve the impasse over the Crete-Cyprus electricity interconnection project....
https://knews.kathimerini.com.cy/en/news/cyprus-crete-energy-link-faces-collapse-amid-political-turmoil
The Cyprus-Crete electricity interconnection project, a critical initiative to integrate Cyprus into the European energy grid, is mired in political and economic controversy, threatening its future. ...
https://knews.kathimerini.com.cy/en/business/cyprus-powers-up-for-a-last-minute-save
Nicosia has requested more time at the political level to keep the Cyprus-Crete electricity interconnection project on track, following a dispute over €100 million in project cost recovery....
https://knews.kathimerini.com.cy/en/business/the-fate-of-the-greece-cyprus-energy-link-hangs-in-the-balance
This week will be crucial to whether the power grid link between Greece and Cyprus via Crete will be implemented....
https://knews.kathimerini.com.cy/en/news/energy-minister-and-finance-minister-clash-over-cyprus-energy-future
The Republic of Cyprus is at a critical juncture in its energy sector as multiple projects face delays and uncertainty, raising concerns about the country's future energy security and international relations....
https://knews.kathimerini.com.cy/en/news/cera-decision-delay-stalls-cyprus-crete-electrical-cable-project
The Regulatory Authority of Cyprus (CERA) has once again postponed its decision on the timing of cost recovery for the Cyprus-Crete electrical cable project, causing frustration among stakeholders....
