https://knews.kathimerini.com.cy/en/news/bicycle-subsidy-platform-now-open-for-new-applications
The Department for Transport, Communications and Works announces the opening of applications for the revised Bicycle Purchase Grant Scheme for 2022 - 2023....
https://knews.kathimerini.com.cy/en/business/euro-dollar-exchange-falls-to-a-20-year-low
The escalation of the energy crisis with Moscow's aggressive, albeit predictable, decision to close the Nord Stream 1 pipeline indefinitely has led to a new fall in the euro, this time below 99 cents on the dollar....
https://knews.kathimerini.com.cy/en/news/russia-has-amassed-huge-profits-from-fuel-despite-sanctions
Russia has amassed €158 billion in revenues from fossil fuel exports in the six months of its war against Ukraine, benefiting from high prices, according to a study by an independent think tank published today, which calls for more effective sanctions....
https://knews.kathimerini.com.cy/en/news/cyprus-spits-bars-in-greco-turkish-latest-spat
The foreign ministry in the Republic of Cyprus is accusing Turkey of hyping 'rhetoric madness' following Ankara’s criticism towards Athens, as the two NATO allies continue to accuse each other of harassment...
https://knews.kathimerini.com.cy/en/news/presidential-candidates-on-the-move-as-campaign-heats-up
The presidential election campaign trail over the weekend ended with the Cyprus Green Party deciding next month on the name of the presidential candidate it will support. ...
https://knews.kathimerini.com.cy/en/business/melbourne-woman-accidentally-receives-$10-million-instead-of-$100-from-crypto-com
Cryptocurrency exchange Crypto.com mistakenly deposited $10.5 million directly into a woman’s bank account when the platform only intended to give her a $100 refund....
https://knews.kathimerini.com.cy/en/news/cheaper-electricity-in-september-how-much-will-you-pay
The issue of electricity pricing is at the top of every household's agenda, especially with galloping inflation and the increase in fuel prices, making it a big hurdle for many. Despite this, things seem to be encouraging as far as September is concerned as bill pricing is expected to be reduced....
https://knews.kathimerini.com.cy/en/news/metsola-europe-s-bloc-is-made-stronger-by-the-discovery-of-so-much-natural-gas-in-your-country
In anticipation of Roberta Metsola's visit to Cyprus on September 9th, Kathimerini's George Kakouris sits down with the European Parliament President and gets her take on the Cyprus problem, recently discovered natural gas reserves and the issue behind Cyprus' "golden passport" scandal....
https://knews.kathimerini.com.cy/en/news/russia-says-no-to-oil-price-caps-warns-of-cut-off
The Kremlin said on Friday that Russia would stop selling oil to countries that impose price caps on Russia's energy resources - caps that Moscow said would lead to significant destabilization of the global oil market....
https://knews.kathimerini.com.cy/en/news/price-of-halloumi-will-increase-under-pdo-category
The Minister of Agriculture, Costas Kadis, expressed his satisfaction with the production of halloumi so far as a Protected Designation of Origin (PDO) product....
https://knews.kathimerini.com.cy/en/news/inflation-hits-8-9-in-august
Inflation in August 2022 increased by 8.9% in Cyprus, according to data published by the Statistical Service of Cyprus on Friday. The Consumer Price Index decreased by 0.29 units and reached 113.34 units, compared to 113.63 units in July 2022, with the drop in petroleum product prices being mainly responsible for the decrease....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-announces-€50m-net-profit-in-first-half-of-2022
Bank of Cyprus announced a profit after tax amounting to €50 million for the first half of 2022, setting its sights on dividend distribution in 2023, for the first time since 2011, depending on market conditions and regulatory approvals....
https://knews.kathimerini.com.cy/en/news/yiorkio-finds-patron-after-years-of-rejection
Nicosia’s abandoned luxury hotel Yiorkio Residence has been sold to a group focusing on upscale living, with reports saying the bidder is shelling out €20 million to acquire one of Cyprus’ real estate puzzles...
https://knews.kathimerini.com.cy/en/news/pakistan-s-floods-fueled-by-its-melting-glaciers
A series of extreme floods have utterly devastated the South Asian nation, which is home to some 225 million people, washing away roads and buildings, destroying farms, and stranding hundreds of thousands. ...
https://knews.kathimerini.com.cy/en/news/photovoltaic-systems-are-increasing-in-popularity-in-cyprus
With inflated electricity prices hitting households and businesses, the installation of photovoltaic systems, or solar panels, comes as an attractive solution for more and more consumers....
https://knews.kathimerini.com.cy/en/news/gorbachev-who-steered-soviet-breakup-dead-at-91
Mikhail Gorbachev, who set out to revitalize the Soviet Union but ended up unleashing forces that led to the collapse of communism, the breakup of the state and the end of the Cold War, died Tuesday. The last Soviet leader was 91...
https://knews.kathimerini.com.cy/en/news/unficyp-urges-caution-following-buffer-zone-reports
A couple of incidents that took place in the buffer zone are making headlines in Cyprus, including allegations that Turkish soldiers violated the green line, with UN peacekeepers saying they were investigating but also urging caution before drawing conclusions...
https://knews.kathimerini.com.cy/en/news/eu-mulls-cap-on-electricity-prices-as-costs-soar
The Czech presidency of the European Union has called for an emergency meeting of the bloc’s energy ministers to consider measures of dealing with the energy crisis, including imposing a ceiling on the price of electricity....
https://knews.kathimerini.com.cy/en/news/cyprus-scrambles-to-block-hostile-takeover-of-bank
The government in the Republic of Cyprus is racing against the clock to arm itself with legal tools to prevent a takeover of the country’s biggest bank by an American private equity firm, which has until next month to submit a final offer that some shareholders may find hard to resist...
https://knews.kathimerini.com.cy/en/news/college-students-scramble-for-affordable-housing
Universities in the Republic of Cyprus are in the hunt for off-campus affordable housing solutions in a tough post-pandemic market, following reports that many students are resorting to nearby abodes both north and south of the divide line...
https://knews.kathimerini.com.cy/en/news/what-is-causing-the-unexpected-drop-in-global-food-prices
Six months after Russia's invasion of Ukraine, the inflationary shock is still causing a "headache" for markets, government staff and households, with the price of natural gas hitting new record levels yesterday....
https://knews.kathimerini.com.cy/en/news/turkey-doubles-russian-oil-imports-filling-eu-void
Turkey doubled its imports of Russian oil this year, Refinitiv Eikon data showed on Monday, as the two countries are set for broader cooperation in business and especially energy trade in the face of western sanctions against Moscow....
https://knews.kathimerini.com.cy/en/news/cyprus-opposes-ban-on-russian-tourist-visas
Cyprus opposes a ban on tourist visas for Russian citizens, the Permanent Secretary of the Ministry of Foreign Affairs, Kornelios Korneliou, said with regards to a proposal expected to be put forward by Baltic countries during the informal Council of EU Foreign Ministers (Gymnich) in Prague....
https://knews.kathimerini.com.cy/en/news/portuguese-volley-women-learn-hard-lesson-in-cyprus
The Portuguese women’s national volleyball team is scheduled to play against Cyprus this week in Nicosia, vying for a spot in EuroVolley 2023, but the stakes for Wednesday’s match are not without politics after efforts by the guests to book accommodation in the north were blocked by the south...
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-fair-state-five-proposals-to-fight-corruption
In the Cyprus of 2022, corruption has permeated all levels of our society. The extent of the problem needs to be ascertained first. Then, the diagnosis of its causes. Finally, but most importantly, the specific proposals to combat it....
https://knews.kathimerini.com.cy/en/news/eac-this-is-how-corrections-will-be-made-on-erroneous-accounts
Since errors in electricity bills were discovered, the Electricity authority has received thousands of Viber and WhatsApp messages and emails with photos and meter numbers from panicked consumers trying to report the problem on their own bills....
https://knews.kathimerini.com.cy/en/news/prices-of-consumer-goods-and-services-recorded-a-10-annual-increase
The harmonized consumer price index recorded in July an annual increase of 10.6%....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-now-is-a-good-time-to-follow-the-simple-rule-of-28-36
Rising prices have been a major topic of discussion over the past few weeks. In essence, however, little can be done by individuals to mitigate the effects of rising fuel and commodity prices on a global scale....
https://knews.kathimerini.com.cy/en/news/us-response-muted-following-reports-of-turkey-s-second-s-400-shipment
The Biden administration on Tuesday stopped short of threatening additional penalties following reports Turkey plans to receive the second batch of the Russian S-400 missile defense system....
https://knews.kathimerini.com.cy/en/news/cyprus-maintains-low-vat-and-consumption-tax-on-fuel
Cyprus maintains a very low VAT rate and lower consumption taxes on fuel compared to Germany and other EU countries, Minister of Finance Constantinos Petrides notes in a written statement....
