https://knews.kathimerini.com.cy/en/news/cyprus-grants-first-natural-gas-exploitation-license
Cyprus and the Aphrodite consortium on Thursday signed an exploitation license and a revised production sharing contract, aiming to start natural gas production in 2025, generating projected revenues of $9.3 billion for a period of eighteen years
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https://knews.kathimerini.com.cy/en/business/growth-momentum-moderates-in-cyprus-according-to-european-commission-autumn-economic-forecast
"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....
https://knews.kathimerini.com.cy/en/news/cyprus-plans-to-revoke-passports-after-uproar
Cyprus said on Wednesday that it had started a process to strip 26 individuals of citizenship they received under a secretive passports-for-investment scheme, admitting it had flaws...
https://knews.kathimerini.com.cy/en/business/property-gallery-announces-partnerships-with-local-sports-teams
In its ongoing efforts to make positive contributions to the local community, leading Limassol property developer, Property Gallery, is proud to announce that it has signed on to sponsor two local sports teams...
https://knews.kathimerini.com.cy/en/business/cyprus-to-start-process-for-early-repayment-of-imf-loan-finance-minister-announces
Finance Minister Harris Georgiades announced on Tuesday that an official process will be launched for the early and full repayment of an IMF loan, following the repayment of a loan from Russia....
https://knews.kathimerini.com.cy/en/business/social-determinants-undermine-the-progress-of-modern-medicine
The rise in illnesses caused by our behaviours and the social determinants of health threatens to suffocate budgets in both wealthy and poor countries, while suppressing the power of modern medicine to improve lives...
https://knews.kathimerini.com.cy/en/news/four-injured-after-man-draws-knife
A former employee at a courier service flew into a rage on Thursday, injuring himself and three others, including an ex cop, when he drew a knife during a heated argument over owed money in Strovolos...
https://knews.kathimerini.com.cy/en/news/eu-fails-to-launch-membership-talks-with-balkans-hopefuls
European Union leaders failed Friday to agree on launching membership negotiations with Albania and North Macedonia in an embarrassing climb-down that could risk inflaming the volatile Balkans region....
https://knews.kathimerini.com.cy/en/news/brexit-deal-agreed-as-eu-summit-begins
Britain clinched a last-minute Brexit deal with the European Union on Thursday, but still faced a challenge in getting it approved by parliament...
https://knews.kathimerini.com.cy/en/news/bicycle-route-prank-still-a-mystery
There were still no clear answers over an apparent prank in Limassol where a private company allegedly grabbed some paint and clumsily drew bicycle routes that could be dangerous and illegal...
https://knews.kathimerini.com.cy/en/business/financial-services-towards-artificial-intelligence-and-machine-learning
Artificial Intelligence in general and machine learning in particular, is not a new concept, but it is only in recent years that financial services firms have started to learn about and understand its full potential...
https://knews.kathimerini.com.cy/en/news/pompeo-opts-for-diplomavy-over-cyprus-eez
The new defense deal signed between Athens and Washington will contribute to Greece’s security, US Secretary of State Mike Pompeo told Kathimerini in a recent interview, while staying firm on diplomatic efforts regarding Cyprus' EEZ...
https://knews.kathimerini.com.cy/en/comment/opinion/attracting-investments-relations-with-turkey-a-new-chapter
On a diplomatic level, the main event was Mitsotakis’ meeting with Turkish President Recep Tayyip Erdogan. The two leaders discussed all the major issues. Aside from the chronic Cyprus dispute, where the situation has become even more complicated following the discovery of gas deposits, one of the most pressing issues at the moment is migration.
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https://knews.kathimerini.com.cy/en/news/johnson-vows-to-stay-put-to-hit-oct-31-brexit-deadline
Boris Johnson said on Sunday he would not quit as Britain’s prime minister even if he fails to secure a deal to leave the European Union, insisting only his Conservative government can deliver Brexit on Oct. 31.
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https://knews.kathimerini.com.cy/en/comment/opinion/mitsotakis-in-new-york-–-opportunities-substance-results
This week will see the first appearance of Prime Minister Kyriakos Mitsotakis at the United Nations General Assembly. He will make the customary speech before the plenary and be received by the UN secretary-general. However, the substance will be in the meetings that are to take place on the sidelines of the proceedings.
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https://knews.kathimerini.com.cy/en/news/thomas-cook-crash-is-dry-run-for-brexit-failures
Social historians will mourn the demise of the world’s oldest travel company, founded by a Baptist carpenter in northern England in 1841; their corporate counterparts will not. With more than 500 high street outlets, Thomas Cook demonstrated a stunning inability to adapt to changing travel habits. The rise of budget airlines and disruptors like Airbnb combined with the weak pound and the unusually hot summer of 2018 to kill off the company which had suffered a near-death experience in 2011.
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https://knews.kathimerini.com.cy/en/news/north-to-get-security-cameras-next-year
A Turkish company is set to deliver hundreds of security cameras in the north next year, while a tender process for speed cameras in the south is concluding Friday with the aim of installing the first batch in late 2020...
https://knews.kathimerini.com.cy/en/news/authorities-dismantle-trailer-park-in-akamas
About 30 camper trailers were removed from an Akamas camping site in the dead of night, following a decision by local authorities that say they want to restore law and order...
https://knews.kathimerini.com.cy/en/comment/opinion/looking-for-true-followers
Surely it is time for Greece’s most affluent citizens to step up, not out of self-interest, but in order to help the country through this critical time. As it starts to recover from bankruptcy, the country finds itself with scant resources and huge needs in key areas. Virtually all sectors – including defense, health, education and culture – have been seriously impacted by successive waves of budget cuts, a situation that has been aggravated by the failure of Greek politicians to implement bold measures.
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https://knews.kathimerini.com.cy/en/news/cabinet-approves-surplus-2020-budget
The Cabinet approved on Wednesday the budget for 2020, which foresees a surplus in state finances, while a significant increase in spending is planned due to the implementation of the General Healthcare System
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https://knews.kathimerini.com.cy/en/comment/opinion/the-next-six-months-are-crucial
Since July’s general election, there has been a sense of optimism regarding the country’s course, especially in business circles, inside and outside of Greece. As we learn in the first lessons in economics, climate is everything. At the moment, we have a winning combination of trust and euphoria...
https://knews.kathimerini.com.cy/en/business/us-ambassador-cautions-nicosia-over-5g
Nicosia is feeling the pressure over 5G technology as the Republic is caught in an international tech war between superpowers, only months away from state-owned Cyta making a move to upgrade its network...
https://knews.kathimerini.com.cy/en/news/president-launches-exandas-portal-in-a-bid-to-enhance-transparency
The implementation of 767 development projects, with a total cost of more than 2.7 bln euros, as well as the progress in implementing 321 government policies, reforms and national strategies are outlined in “Exandas”, the new internet portal launched on Friday by Cyprus President Nicos Anastasiades. According to officials, 92.17% of the projects listed is expected to be completed by 2023.
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https://knews.kathimerini.com.cy/en/news/cypriot-fisherman-saves-turtle-in-trouble
A video showing a local man in Cyprus removing a plastic ring from a turtle’s neck is making the rounds on the internet...
https://knews.kathimerini.com.cy/en/news/locals-stage-protest-on-lara-beach
A protest in favour of local exploitation of Lara beach was held on Sunday in response to activists and state officials who recently reiterated that illegal human activity on turtle nesting sites will not be tolerated...
https://knews.kathimerini.com.cy/en/news/reporters-set-foot-in-cypriot-ghost-town
Journalists are set to step inside Varosha for the first time since 1974, as officials in the north declare the ghost town ought to re-open under Turkish Cypriot administration...
https://knews.kathimerini.com.cy/en/news/waters-summer-mission-reaches-cyprus
California Congresswoman Maxine Waters is on summer recess trip to Europe with a US special delegation on a mission meeting with officials in Switzerland and Cyprus...
https://knews.kathimerini.com.cy/en/business/scope-rates-cyprus-with-bbb
Scope Ratings affirmed last week the Republic of Cyprus’ BBB- long-term issuer and senior unsecured local- and foreign-currency ratings, along with a short-term issuer rating of S-2 in both local and foreign currency, noting that all outlooks are stable...
https://knews.kathimerini.com.cy/en/news/rape-accuser-asks-for-british-lawyer
The Ayia Napa rape accuser trial has been pushed back for another week as the British defendant seeks permission to have a British lawyer representing her case...
https://knews.kathimerini.com.cy/en/news/rhetoric-cranked-up-over-money-laundering-story
The Presidential Palace is fighting back against criticism over claims that President Anastasiades’ law firm was involved in a network of shell companies that laundered billions out of Russia...
