https://knews.kathimerini.com.cy/en/news/former-energy-minister-blames-eac-and-cera-for-cyprus-power-shortages
Speaking to Kathimerini Cyprus, the former Energy Minister notes that he expected far more political backing on energy matters, suggesting that his efforts to cap the sale price of renewable energy ruffled a few feathers....
https://knews.kathimerini.com.cy/en/business/from-chatbots-to-co-workers-why-companies-struggle-to-capture-the-value
The leaders are pulling away on cost, on growth, on margin. The gap is not a technology gap, it is an operating-model gap. Three failures explain the gap, and the leaders have designed around all three....
https://knews.kathimerini.com.cy/en/news/golden-defence-deals-and-tough-messages-to-putin-and-iran
The 32 leaders sent a message of unity and a firm response to longstanding American pressure for greater European participation in collective defense through the joint declaration they adopted at the NATO Summit in Ankara. ...
https://knews.kathimerini.com.cy/en/comment/opinion/erdoğan-s-sponsors-are-giving-him-every-reason-to-hold-the-line
Who are the sponsors behind Erdoğan's confidence? Who has made him feel comfortable enough to dictate terms and conditions without regard for anyone or anything? The primary sponsor is the European Union. ...
https://knews.kathimerini.com.cy/en/news/trump-expected-to-back-turkey-s-return-to-f-35-programme
US President Donald Trump is expected to tell Turkish President Recep Tayyip Erdogan that he is prepared to support Turkey's return to the F-35 fighter jet programme, reversing a decision taken during his first term in office that excluded Ankara over security concerns....
https://knews.kathimerini.com.cy/en/news/eu-launches-five-major-joint-defence-projects-to-counter-fragmented-military-spending
The European Union has launched five massive, multi-billion-euro military initiatives in a coordinated effort to force member states out of their habit of buying weapons independently....
https://knews.kathimerini.com.cy/en/news/permanent-military-positions-for-contract-soldiers-increase-by-60
The Ministry of Defence will grant permanent status to 400 contract professional soldiers (SYOP), expanding the intake from an originally planned 250 positions....
https://knews.kathimerini.com.cy/en/business/vasilikos-project-delays-leave-cyprus-facing-grid-instability-and-potential-blackouts-by-2030
Lawmakers voiced heavy criticism over the state’s handling of the island’s energy strategy on Thursday, warning that severe electricity deficits could hit Cyprus by the end of the decade if alternatives to the stalled Vasilikos liquefied natural gas (LNG) terminal are not secured....
https://knews.kathimerini.com.cy/en/business/from-chatbots-to-co-workers
AI is no longer a productivity tool. For the small group of organisations that have done the work, it has become the single largest source of operating leverage on their P&L....
https://knews.kathimerini.com.cy/en/news/energy-projects-stuck-in-limbo-due-to-political-interference-minister-says
The presence of Energy Minister Giorgos Papanastasiou at this year’s Green Agenda forum, and what he revealed about the de facto framework governing major public contracts, understandably caused a stir. ...
https://knews.kathimerini.com.cy/en/business/cyprus-receives-first-€177-million-payment-under-eu-defence-fund
Cyprus has received an initial €177.2 million payment from the European Union through the Security Action for Europe (SAFE) defence funding programme, marking the first tranche of financial support allocated to the country under the scheme....
https://knews.kathimerini.com.cy/en/news/turkey-steps-up-focus-on-cyprus-as-israel-ties-expand
Cyprus is finding itself more frequently at the center of discussions about Israel's growing strategic footprint in the Eastern Mediterranean, as regional rivalries continue to reshape security and diplomatic relationships across the region....
https://knews.kathimerini.com.cy/en/news/eu-investment-bank-restarts-funding-to-turkey-after-7-year-freeze
The return of the European Investment Bank (EIB) to Turkey was officially sealed on June 10, marking the revival of new development projects in the country after a seven-year hiatus....
https://knews.kathimerini.com.cy/en/news/cyprus-secures-access-to-€1-18-billion-in-eu-defense-funding
EU Defense Commissioner Andrius Kubilius announced on Monday that the European Commission and Cyprus have completed the signing of a €1.18 billion loan agreement under the SAFE program, a key component of the EU's broader effort to strengthen its defense capabilities....
https://knews.kathimerini.com.cy/en/business/us-challenges-eu-protection-of-feta-in-move-that-could-also-concern-cyprus
The United States has taken aim at European rules protecting products such as Greek feta cheese, arguing that the EU’s system for protected food names unfairly blocks American producers from selling their goods in international markets....
https://knews.kathimerini.com.cy/en/news/cyprus-quietly-shifts-its-defense-west
When President Christodoulides announced last week on X that the first Cypriot candidate had been accepted into the U.S. Naval Academy, the news may have looked like a simple milestone. ...
https://knews.kathimerini.com.cy/en/business/cablenet-and-cybersift-a-partnership-to-deliver-simple-intelligent-cybersecurity-for-businesses-in-cyprus-of-every-size
Cablenet, one of Cyprus's leading telecommunications providers, announces a strategic partnership with CyberSift, the Malta-based global cybersecurity specialist, through two exclusive events, for business clients, in Nicosia and Limassol....
https://knews.kathimerini.com.cy/en/comment/opinion/this-time-let-s-measure-corruption
Corruption in a state carries real costs. It slows growth, erodes trust, and ultimately weakens the quality of democracy citizens experience....
https://knews.kathimerini.com.cy/en/news/health-insurance-organization-overpaid-€150-million-in-duplicate-claims
An extraordinary case involving tens of millions of euros being drained from the HIO fund has been brought to light by “K.” At a time when middle- and low-income households are struggling with rising costs and widening inequality, which carries serious social consequences, officials within the HIO appear to have wasted vast sums of money. ...
https://knews.kathimerini.com.cy/en/business/cyprus-electricity-prices-to-rise-from-may-possibly-up-to-20-by-summer
Electricity tariffs in Cyprus are expected to rise in the coming months, with initial increases likely in May and the potential for significantly higher costs by late summer....
https://knews.kathimerini.com.cy/en/news/farmers-demand-end-to-mass-slaughter-of-healthy-animals-and-push-for-nationwide-vaccination
A nationwide vaccination campaign against foot-and-mouth disease is intensifying across Cyprus as agricultural organizations meet with President Nikos Christodoulides today to demand changes to the current strategy for tackling the outbreak....
https://knews.kathimerini.com.cy/en/news/cyprus-pays-hundreds-of-thousands-monthly-as-fsru-prometheus-sits-idle-in-malaysia
Cyprus is continuing to incur substantial monthly costs while the floating natural gas storage and regasification unit (FSRU) Prometheus remains idle in Malaysia....
https://knews.kathimerini.com.cy/en/business/trump-to-tax-foreign-made-ships-and-rebuild-u-s-maritime-power
The Trump administration on Tuesday rolled out a sweeping maritime plan aimed at reasserting U.S. dominance in shipping and reducing reliance on foreign-built vessels. ...
https://knews.kathimerini.com.cy/en/news/€1-2bn-to-rearm-the-cyprus-national-guard
The approval of the Republic of Cyprus’ application to participate in the EU’s SAFE regulation (Security Action for Europe) opens a new chapter in the National Guard’s armaments program, the largest since its establishment. ...
https://knews.kathimerini.com.cy/en/news/new-generators-for-dhekelia-now-expected-in-2030
Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....
https://knews.kathimerini.com.cy/en/news/ai-factory-schengen-push-and-gas-deal-with-israel-christodoulides-unveils-55-point-plan-in-state-of-the-union-address
President Nikos Christodoulides on Thursday evening presented the government’s Official Planning for 2026, described as the “State of the Union 2026”, from the Presidential Palace, outlining more than 55 initiatives across all sectors....
https://knews.kathimerini.com.cy/en/business/two-year-it-project-at-housing-finance-corporation-drags-on-for-eight-years
A long-delayed technology project at the Housing Finance Corporation (HFC) has resulted in significant additional costs and prolonged dependence on external systems, according to findings presented by the Audit Office to Parliament’s Audit Committee....
https://knews.kathimerini.com.cy/en/news/after-19-years-of-delays-the-paphos-marina-is-back-on-the-table
The government is once again trying to breathe new life into one of Paphos’ most talked-about development projects: the long-awaited Paphos marina. ...
https://knews.kathimerini.com.cy/en/news/cyprus-steps-onto-europe-s-center-stage-with-€25-6-million-infrastructure-overhaul
Cyprus has completed extensive infrastructure upgrades as it prepares to assume the presidency of the Council of the European Union, investing €25.6 million in conference and media facilities to host hundreds of high-level meetings throughout 2026....
https://knews.kathimerini.com.cy/en/news/nato-and-eu-wary-while-cyprus-prepares-to-take-eu-presidency
NATO and European Union officials are expressing concern ahead of Cyprus taking over the rotating presidency of the EU Council in January, amid fears that long-standing tensions with Turkey could complicate Europe’s defense agenda at a critical moment....
