https://knews.kathimerini.com.cy/en/comment/opinion/70-of-cypriots-and-greeks-choose-card-payments-over-cash
We are moving ever closer to abolishing cash for consumers and businesses....
https://knews.kathimerini.com.cy/en/news/israeli-forces-kill-hezbollah-commander-in-beirut-hamas-leader-in-iran
The Middle East faces heightened tensions following two significant Israeli strikes. Last night, Israeli forces targeted and killed Fouad Soukr, a key member of Lebanon's Shi'ite Hezbollah organization, in Beirut....
https://knews.kathimerini.com.cy/en/news/truck-with-illegal-fuel-seized-at-cyprus-border-driver-fined-€19-000
Officials from Cyprus' Customs Department seized a commercial vehicle and 4,500 liters of fuel on July 26, originating from the occupied areas of the Republic of Cyprus. The driver paid a total of €19,000 in an out-of-court settlement.
...
https://knews.kathimerini.com.cy/en/business/record-surge-in-olive-oil-fraud-amid-rising-prices-of-liquid-gold
The European Union reported a record number of potential olive oil fraud and mislabeling cases in the first quarter of 2024, driven by inflationary pressures and a growing hidden market for the kitchen staple....
https://knews.kathimerini.com.cy/en/business/fruits-and-perishables-made-of-gold
Soaring retail prices for fresh fruits and vegetables have heavily impacted both consumers and producers in recent months. ...
https://knews.kathimerini.com.cy/en/news/eurobank-to-revamp-hellenic-bank-s-leadership-in-september
Eurobank is now focusing on the next steps following the completion of its tender offer for a 100% acquisition of Hellenic Bank, finalized on Tuesday, June 30, 2024. ...
https://knews.kathimerini.com.cy/en/news/christodoulides-questions-past-policies-signals-change-for-cyprus
Last week, Cyprus President Nikos Christodoulides gave a bold interview to ALPHA, where he criticized former President Makarios' policies. ...
https://knews.kathimerini.com.cy/en/news/greek-firms-fuel-business-expansion-across-cyprus
The investment climate in Cyprus has significantly improved since the crisis era of 2013, attracting substantial interest from Greek companies....
https://knews.kathimerini.com.cy/en/news/eu-nations-push-back-against-von-der-leyen-s-dual-nominee-request
A power struggle is intensifying between EU member states and European Commission President Ursula von der Leyen over the composition of the new Commission....
https://knews.kathimerini.com.cy/en/news/eu-probes-vasilikos-terminal-over-misuse-of-funds
The European Public Prosecutor’s Office (EPPO) has launched an investigation into the liquefied natural gas (LNG) import terminal project in Cyprus, citing suspicions of public procurement fraud, misuse of EU funds, and corruption. ...
https://knews.kathimerini.com.cy/en/news/astrobank-acquires-neo-plaza-in-kokkinotrimithia
The Neo Plaza of Kokkinotrimithia in Nicosia, an open commercial mall project in Cyprus that did not meet expectations, has been acquired by AstroBank....
https://knews.kathimerini.com.cy/en/news/eu-prosecutor-probes-vasilikos-lng-project-for-fraud
The European Public Prosecutor's Office (EPPO) has launched an investigation into the Vasilikos liquefied natural gas (LNG) import terminal project in Cyprus, amid suspicions of public procurement fraud, misappropriation of EU funds, and corruption.
...
https://knews.kathimerini.com.cy/en/news/cyprus-eyes-key-eu-portfolio-in-von-der-leyen-s-second-commission
As EU member states finalize the 26 names for Ursula von der Leyen's second European Commission......
https://knews.kathimerini.com.cy/en/news/cypriot-students-face-€1-100-rents-in-limassol
Rising rental prices are placing significant strain on individuals seeking housing in Cyprus and Greece, with particular challenges faced by incoming university students. ...
https://knews.kathimerini.com.cy/en/news/cyprus-to-decide-on-great-sea-interconnector-this-august
Important decisions concerning the Great Sea Interconnector, an electric cable linking Cyprus and Greece, are anticipated in August. ...
https://knews.kathimerini.com.cy/en/news/cyprus-sees-surge-in-russian-tourism-despite-sanctions
Cyprus is witnessing a promising increase in Russian and Russian-speaking tourists despite the European Union's sanctions following Russia's 2022 invasion of Ukraine, which led to the suspension of direct flights between Cyprus and Russian airports....
https://knews.kathimerini.com.cy/en/news/eu-reviews-impact-of-chinese-exit-from-vasilikos-lng-terminal
The European Commission is assessing the potential impacts on project funding following the withdrawal of a Chinese consortium from the construction of the LNG terminal in Vasilikos, a spokesperson for the European Commission confirmed....
https://knews.kathimerini.com.cy/en/news/five-turkish-warships-stir-tensions-in-greek-waters
In recent days, Turkey has deployed up to five warships near the maritime boundary between Kasos and Karapathos islands, just outside Greek territorial waters....
https://knews.kathimerini.com.cy/en/business/supreme-court-stands-firm-guarantors-must-pay-€30k-loan-debt
In a unanimous decision, the Supreme Court of Cyprus has dismissed the appeal of two individuals contesting a ruling by the Paphos District Court, which held them liable for €30,244.32 plus interest and costs, as guarantors of a business loan granted by Laiki Bank in 2002....
https://knews.kathimerini.com.cy/en/news/cypriot-flag-bearer-faces-controversy-ahead-of-paris-olympics
The Cypriot athlete Elena Koulichenko, set to be the flag bearer for Cyprus at the upcoming Paris Olympics, has come under scrutiny following a Greek media report from eReportaz that has sparked reactions and controversy....
https://knews.kathimerini.com.cy/en/news/philippines-secures-china-approval-for-ship-supplies
The Philippines announced it has reached an understanding with China regarding resupply missions to the beached Filipino naval ship, the BRP Sierra Madre, a significant flashpoint in the South China Sea....
https://knews.kathimerini.com.cy/en/news/apartment-prices-up-13-9-yearly-house-price-growth-slows
In the first quarter of 2024, house price growth showed a slight slowdown, while apartment prices continued to rise....
https://knews.kathimerini.com.cy/en/news/financial-education-in-cyprus-schools-after-metamax-scandal
The ongoing investigation into the Metamax investment pyramid scheme is causing growing alarm across Cyprus. Complaints to police departments have surpassed 100, with over €220,000 allegedly defrauded. ...
https://knews.kathimerini.com.cy/en/news/cyprus-grapples-with-displacement-50-years-after-turkish-invasion
The violent displacement of tens of thousands of Cypriots following the Turkish invasion in July 1974 remains a festering wound for Cyprus....
https://knews.kathimerini.com.cy/en/news/turmoil-at-vasilikos-as-chinese-consortium-pulls-out-terminal-project-in-limbo
The sudden withdrawal of the CPP-METRON CONSORTIUM LTD from the Vasilikos terminal project has added a new layer of complexity to the already troubled initiative. ...
https://knews.kathimerini.com.cy/en/news/fifteen-days-left-to-decide-on-eurobank-s-offer
Hellenic Bank shareholders have less than 15 days to decide whether to sell their shares to Eurobank, which has made a takeover offer of 2.56 euros per share. The offer, initiated at the start of the month, has a four-week deadline, shorter than the maximum eight weeks allowed....
https://knews.kathimerini.com.cy/en/business/american-medical-center-expands-to-limassol
The American Medical Center (AMC)/American Heart Institute (AHI) is expanding its presence in Limassol with a new private hospital, marking a significant milestone as the institution celebrates its 25th anniversary, according to a report by Anna Polyviou....
https://knews.kathimerini.com.cy/en/news/russian-tech-professionals-flock-to-cyprus-despite-sanctions
A recent study by the PACE think tank has underscored the profound transformation of Cyprus' economy amid Western sanctions and the aftermath......
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-marks-50-years-since-1974-invasion
This year marks fifty years since the 1974 coup and Turkish invasion, events that profoundly shaped modern Cyprus. ...
https://knews.kathimerini.com.cy/en/news/public-works-enforces-€100-000-fine-for-nicosia-ring-road-delay
The Public Works Department has activated a contract clause imposing penalties on Cyfield Construction Ltd. for delays in the completion of the first phase of the Nicosia Ring Road....
