https://knews.kathimerini.com.cy/en/business/eu-pressures-cyprus-over-stalled-power-cable-project
The European Commission is stepping up pressure on Cyprus to approve cost recovery measures for the stalled Great Sea Interconnector (GSI) electricity cable, amid mounting tensions between Nicosia and Athens over the ambitious but delayed project....
https://knews.kathimerini.com.cy/en/news/electric-vehicle-grants-reopen-monday-prioritizing-low-emission-cars-and-targeted-groups
The Department of Road Transport (TOM) announced Thursday that 97 new grants for electric vehicles and 18 for electric motorcycles will be available starting Monday, June 30....
https://knews.kathimerini.com.cy/en/business/ecb-poised-for-fall-rate-decision-as-growth-tariffs-and-inflation-weigh-in
The European Central Bank will reassess its interest rate policy this fall, weighing whether additional cuts are necessary after a recent series of reductions brought its main rate to 2%, with inflation easing to 1.9%....
https://knews.kathimerini.com.cy/en/news/imf-and-eu-to-cyprus-cool-it-on-the-pay-rises-you-re-not-made-of-money
Cyprus may be riding high on economic growth, but the message from international watchdogs this week is blunt: slow down the spending, especially on public salaries, or risk unraveling the progress....
https://knews.kathimerini.com.cy/en/business/cyprus-exits-eu-s-macroeconomic-imbalance-list-as-brussels-urges-reforms-in-innovation-energy-and-education
Cyprus is no longer considered a country with macroeconomic imbalances, the European Commission announced Wednesday in its 2025 Spring Package, marking a significant milestone in the nation’s post-crisis economic recovery....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-voluntary-return-plan-for-syrians-ready-to-return-home
The Cypriot government on Thursday rolled out a new voluntary repatriation plan for Syrian families who wish to return home, as the country begins to rebuild in the wake of a long civil war....
https://knews.kathimerini.com.cy/en/business/aegean-airlines-first-quarter-2025-trading-update
AEGEAN announces its key financial and operating results for the first quarter of 2025....
https://knews.kathimerini.com.cy/en/business/global-vc-investment-rises-in-q1-25-on-back-of-record-setting-$40-billion-open-ai-deal-according-to-kpmg-s-venture-pulse
Global VC investment surged from $118.7 billion in Q4’24 to an eleven-quarter high of $126.3 billion in Q1’25, despite ongoing geopolitical conflicts and tensions, continued concerns about global trade and tariffs, and the delay of a major reopening in the IPO market....
https://knews.kathimerini.com.cy/en/news/andreas-neocleous-omiros-pissarides-eirini-hadjisavva-and-marios-tannousis-to-speak-at-green-agenda-cyprus-summit
This year’s Sustainable Development Conference aims to support and enhance Cyprus’s national strategy for the Green Transition....
https://knews.kathimerini.com.cy/en/news/nicosia-mayor-slams-delay-in-flood-works-after-streets-turn-to-rivers
A brief but intense downpour over the weekend turned part of Engomi into a fast-moving river, raising fresh concerns over Cyprus’ readiness to handle extreme weather....
https://knews.kathimerini.com.cy/en/news/transport-ministry-to-relaunch-electric-car-grants-after-public-backlash
The Cypriot government is preparing new grant schemes to support the purchase of electric cars, following criticism over its recent decision to scale back an earlier subsidy program due to low uptake....
https://knews.kathimerini.com.cy/en/business/cypriots-eye-business-opportunities-but-fear-of-failure-still-looms
A growing number of Cypriots believe the island is ripe for starting a business—but fear of failure is still holding many back, according to the National Report on Entrepreneurship in Cyprus 2023/2024, released Tuesday by the Centre for Entrepreneurship at the University of Cyprus....
https://knews.kathimerini.com.cy/en/business/why-electric-vehicle-grants-are-being-put-on-hold
The Cyprus Ministry of Transport has reduced its electric vehicle (EV) grant allocation due to low demand, scaling back funding from €38 million to €32.8 million. ...
https://knews.kathimerini.com.cy/en/news/1-new-cycle-and-pedestrian-path-to-transform-nicosia-suburbs
A major upgrade to the Nicosia district’s urban landscape is on the way, as plans for a new cycle and pedestrian path along Kalamon/Glafkos Clerides Avenue officially move ahead. ...
https://knews.kathimerini.com.cy/en/news/nicosia-mayor-no-plans-to-cancel-u-of-cyprus-lease-for-faneromeni-school
The lease agreement allowing the University of Cyprus to use the historic Faneromeni School building will not be canceled, Nicosia Mayor Charalambos Prontzos confirmed to K on Monday, dismissing speculation about a potential change of plans....
https://knews.kathimerini.com.cy/en/news/smart-meters-to-help-cyprus-households-save-on-energy-bills
The Electricity Authority of Cyprus (EAC) is pressing ahead with its smart meter rollout, bringing even more households the ability to track and manage their electricity use. ...
https://knews.kathimerini.com.cy/en/news/cyprus-bets-on-students-to-revitalize-old-nicosia-but-at-what-cost
Once overshadowed by controversy over unregistered universities—a scandal that drew scrutiny from Brussels—Cyprus has quietly reinvented itself as a rising destination for students across Europe. ...
https://knews.kathimerini.com.cy/en/business/cyprus-economic-growth-faces-challenges-lenders-highlight-key-concerns
The Cypriot economy is showing strong signs of growth, with GDP expected to rise by over 3% and unemployment dropping below 5% in 2024. Private consumption continues to play a key role in driving this growth. ...
https://knews.kathimerini.com.cy/en/business/cyprus-sees-investment-boom-as-foreign-companies-flock-to-the-island
The investment scene in Cyprus is off to a strong start in 2025, with foreign investors showing increased enthusiasm for setting up businesses on the island....
https://knews.kathimerini.com.cy/en/news/solar-panels-installed-in-405-schools
A total of 405 schools have had solar panel systems installed by the Technical Services of the Ministry of Education, Sports, and Youth, alongside thermal insulation and waterproofing works....
https://knews.kathimerini.com.cy/en/news/33east-unites-cyprus-startup-ecosystem-for-official-fund-launch
33East, a Cyprus-focused venture capital firm, is officially launching its debut fund with an event bringing together founders, investors, and key ecosystem leaders who share the vision of transforming Cyprus into a hive for innovation and entrepreneurship....
https://knews.kathimerini.com.cy/en/news/2024-global-vc-investment-rises-to-$368b-as-investor-interest-in-ai-soars
Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...
https://knews.kathimerini.com.cy/en/news/new-pediatric-oncology-clinic-to-be-built-in-nicosia
A major step forward for pediatric cancer care in Cyprus was taken on Saturday with the signing of an agreement for the construction of a new Pediatric Oncology Clinic in Nicosia....
https://knews.kathimerini.com.cy/en/business/new-€26-million-fund-to-boost-startups-in-cyprus
33East, a venture capital firm based in Cyprus, has launched its first fund with an initial close of €26 million. ...
https://knews.kathimerini.com.cy/en/news/cyprus-to-begin-installing-smart-meters-in-february
Starting on February 1st, the Electricity Authority of Cyprus (EAC) will begin installing smart meters in homes and businesses across the island....
https://knews.kathimerini.com.cy/en/news/stephen-knight-is-healing-hearts-and-saving-dogs
Stephen Knight, the founder of Dogs Matter, was celebrated as CNN’s Hero of the Year for 2024, recognized for his heartfelt mission of fostering dogs while their owners focus on overcoming addiction....
https://knews.kathimerini.com.cy/en/news/cyprus-secures-€115-million-in-second-payment-under-eu-recovery-plan
Cyprus has received its second payment under the EU's Recovery and Resilience Facility (RRF), with €115 million granted after successfully fulfilling 37 out of 38 agreed milestones....
https://knews.kathimerini.com.cy/en/news/boc-finalizes-sale-of-troubled-loans-to-boost-stability-and-growth
In September 2024, the Bank of Cyprus reached a deal with funds linked to Cerberus Global Investments B.V. to sell a portfolio of non-performing loans—primarily business loans backed by collateral. ...
https://knews.kathimerini.com.cy/en/news/antibiotic-misuse-in-cyprus-fuels-deadly-resistance-surge
Cyprus ranks among European Union countries with the highest antibiotic consumption and microbial resistance rates, Health Minister Michalis Damianou said Friday at a news conference kicking off a campaign on antibiotic stewardship and antimicrobial resistance.
...
https://knews.kathimerini.com.cy/en/news/spain-s-king-pelted-with-eggs-amid-fury-over-flood-response-in-valencia
Spain’s King Felipe and Queen Letizia faced an angry backlash during a visit to the flood-ravaged Valencia region on Monday, where crowds hurled eggs and booed as they met with residents....
