https://knews.kathimerini.com.cy/en/news/gesy-€1-58b-revenue-€500m-reserve-stable-until-2031
The Health Insurance Organisation (OAY) has disclosed that its revenue from contributions to the General Health System (GeSY) reached €1.58 billion in 2023,...
https://knews.kathimerini.com.cy/en/news/love-rat-cyprus-shines-in-new-uk-series
Cyprus shines on the small screen as ''Love Rat,'' a captivating four-episode drama series, is set to grace the screens of Channel 5 in the UK, owned by Paramount Global....
https://knews.kathimerini.com.cy/en/news/farewell-to-speed-bumps-hello-to-cushions
The removal of road humps continues across Cyprus, with authorities considering the installation of "cushions" (commonly used abroad) and islands instead of cameras at points where measures for road safety are needed....
https://knews.kathimerini.com.cy/en/news/government-extends-financial-aid-to-tornado-victims
The Council of Ministers, led by Interior Minister Constantinos Ioannou, has decided to provide financial aid for damages caused by the tornado in the Limassol district on February 14....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-candid-year-one-address
In a televised address marking the completion of his first year in office, President Nikos Christodoulides highlighted the achievements and priorities of his administration. Emphasizing transparency and accountability, the President outlined the following key areas of focus:...
https://knews.kathimerini.com.cy/en/business/the-€623-million-windfall-from-cyprus-shipping-industry
Kathimerini reporter Andreas Karamitas dives into the heartbeat of Cyprus' economy - the shipping industry. In a revealing exploration, discover how this vital sector pumped a staggering €623 million into the real economy solely through ship management in 2023. ...
https://knews.kathimerini.com.cy/en/business/successful-business-leaders-club-inside-natalia-kardash-s-innovative-business-hub
In the fast-paced world of business, making connections is often the key to progress and fresh ideas. Natalia Kardash, a dynamic entrepreneur, saw this need and set out to create a special place for professionals to come together – thus, the Successful Business Leaders' Club was born....
https://knews.kathimerini.com.cy/en/comment/opinion/why-marriage-shouldn-t-be-the-answer-to-€2b-loans
In 2023, Cyprus secured a substantial loan totaling €2.02 billion from the Bank of Cyprus, earmarking €510 million specifically for housing initiatives. ...
https://knews.kathimerini.com.cy/en/business/apple-u-turns-on-evs-shifts-gears-to-focus-on-ai
Apple has reportedly halted its decade-long secretive project to develop electric vehicles (EVs), redirecting efforts towards its artificial intelligence (AI) division....
https://knews.kathimerini.com.cy/en/comment/opinion/what-role-do-banks-ultimately-play
Are banks merely financial entities providing a range of services to the public and businesses, solely driven by profit for shareholders? Banks serve as the heart of our economic and social systems, ...
https://knews.kathimerini.com.cy/en/news/nineteen-new-private-hospitals-to-transform-health-sector-in-cyprus
Investors have shown interest in the health sector in Cyprus. According to the records, from 2021 until now, there are 12 new private hospitals......
https://knews.kathimerini.com.cy/en/news/imperio-leads-cyprus-real-estate-into-green-future-with-first-ever-esg-report
Imperio remains steadfast in its commitment to promote the green transition of Cyprus’ real estate sector – a development that will greatly benefit the sector’s businesses, society, economy, as well as the environment itself, in multiple ways....
https://knews.kathimerini.com.cy/en/news/kato-pyrgos-aims-to-become-cyprus-first-energy-self-sufficient-community
Inspired by the success of the Tilos Project, the first operational renewable energy initiative that achieved energy independence for the island of Tilos, Kato Pyrgos aspires to become the first energy self-sufficient community in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/eu-unveils-stricter-fiscal-rules-for-member-states
The European Commission has introduced new fiscal rules aimed at promoting growth and financial discipline among member states. The framework, ...
https://knews.kathimerini.com.cy/en/news/akamas-biodiversity-under-threat-eu-commission-acts
The European Parliament's Petitions Committee (PETI) remains vigilant regarding complaints about EU environmental legislation in Cyprus's Akamas region, following a recent debate in Brussels.
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https://knews.kathimerini.com.cy/en/news/cyprus-development-expenditure-2023-surpasses-€1b
The realization of state budget development expenditure in 2023 reached 72% compared to 70% in 2022 and the average of 69% over the last decade, according to a Treasury report released on Wednesday....
https://knews.kathimerini.com.cy/en/news/british-mps-push-free-occupied-cyprus-campaign
The intricate semiotics behind the synchronized messages conveyed by British MPs during their visit to the Occupied Territories, coinciding with a British tabloid's reference to Varosha in connection with King Charles......
https://knews.kathimerini.com.cy/en/news/government-to-receive-€1-2b-for-green-transition-and-resilience-plan
Cyprus is set to receive a total of 1.2 billion euros from the Recovery and Resilience Plan (RRP). ...
https://knews.kathimerini.com.cy/en/business/cyprus-embarks-on-€8-billion-growth-spree-with-major-projects
In a recent press release, the Association of Large Investment Projects affirmed that Cyprus is poised for sustained economic growth, with a portfolio of major projects exceeding €8 billion. ...
https://knews.kathimerini.com.cy/en/news/university-of-nicosia-earns-prme-champion-title-for-sustainability-commitment
The University of Nicosia is proud to announce that it has been selected as a PRME Champion for the 2024-2025 cohort. This prestigious recognition is awarded by the Principles for Responsible Management Education (PRME), a United Nations-supported initiative....
https://knews.kathimerini.com.cy/en/news/cyprus-€1-9b-entry-into-mega-energy-project-uncertain
Republic of Cyprus is poised to enter the shareholding structure of one of the largest energy projects in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/news/tatar-blasts-greek-cypriot-obstruction-in-energy-talks
Turkish Cypriot leader Ersin Tatar emphasized the importance of energy collaboration with Europe through Turkey during a summit on energy in the Eastern Mediterranean, held at the Turkish Cypriot Chamber of Commerce....
https://knews.kathimerini.com.cy/en/news/ministry-s-bold-steps-for-energy-renovation-unveiled
The Ministry of Energy, Commerce and Industry proceeds with the preparation of standard procedures for the announcement and implementation of energy renovation projects....
https://knews.kathimerini.com.cy/en/news/israel-s-brutal-military-campaign-unleashed-after-gaza-strip-attack
In the midst of escalating tensions between Israel and Hamas, the recent attack near the Gaza Strip has intensified an already volatile situation....
https://knews.kathimerini.com.cy/en/news/germany-s-model-links-retirement-age-to-life-expectancy
The consequences of an aging population have for many years been a headache for many countries, including Greece, and have provoked opposition from many politicians and public opinion,...
https://knews.kathimerini.com.cy/en/news/dr-george-georgiou-of-unic-awarded-the-cyprus-research-award-–-young-researcher-2023-by-rif
Dr. George Georgiou from the Department of Languages and Literature of the University of Nicosia has been awarded the prestigious ''Cyprus Research Award – Young Researcher 2023'' ...
https://knews.kathimerini.com.cy/en/news/ministry-s-move-to-ease-building-permits-sparks-questions
The recent Ministry of Interior announcement, abolishing planning permission requirements for small developments, has left many with questions about the upcoming changes, especially those planning to build in the coming months....
https://knews.kathimerini.com.cy/en/comment/opinion/can-cyprus-withstand-yet-another-crisis
The recent Houthi attacks on commercial vessels navigating the Red Sea have triggered another disturbance in the intricate web of the global supply chain...
https://knews.kathimerini.com.cy/en/comment/opinion/it-is-therefore-right-that-i-resign
I wrote in my previous article ("How the prestige of the institutions is undermined", Kathimerini, 7/1/24) that, based on the conclusion of the auditors of the Independent Anti-Corruption Authority and announcements of the Audit Service,...
https://knews.kathimerini.com.cy/en/news/houthi-strikes-send-prices-soaring-in-global-trade
In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....