https://knews.kathimerini.com.cy/en/news/rising-dam-levels-bring-hope-after-months-of-drought
The recent rains, storms, and snowfall across Cyprus have brought a welcome relief after years of drought and dry reservoirs. As we step into the new year, there’s cautious optimism that the country can avoid the looming threat of desertification this summer....
https://knews.kathimerini.com.cy/en/news/ucl-each-cigarette-takes-20-minutes-off-life-expectancy
A single cigarette reduces a smoker's life expectancy by an average of 20 minutes, a new study from the University of London UCL concludes....
https://knews.kathimerini.com.cy/en/business/how-the-european-artificial-intelligence-ai-act-will-transform-auditing-and-financial-reporting-and-the-crucial-role-of-the-external-auditor
The European Union took a bold step in August 2024 by adopting the AI Act, a landmark regulation designed to ensure that Artificial Intelligence systems are safe, ethical, and transparent. ...
https://knews.kathimerini.com.cy/en/news/detainee-escapes-as-officer-claims-guard-duty-wasn-t-in-his-contract
The Cyprus Police Association (CPA) issued a statement addressing the recent escape of a detainee under police guard, firmly defending the Contracted Special Police Officer (CPS) involved. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-greece-market-overview-2023-2024-and-projections-for-2025-and-beyond
The market underwent significant changes from mid-2023 onwards due to several global and regional factors....
https://knews.kathimerini.com.cy/en/news/‘murder-hornet-successfully-eradicated-from-u-s
The invasive northern giant hornet, often referred to as the "murder hornet," has been declared eradicated from the United States after an intensive, multi-year effort....
https://knews.kathimerini.com.cy/en/business/cyprus-risks-losing-grip-on-interconnector-amid-french-power-move
A reported agreement between Greece’s ADMIE and French investment fund Meridiam could alter the energy landscape of the Eastern Mediterranean, especially for Cyprus....
https://knews.kathimerini.com.cy/en/news/banks-under-fire-how-public-pressure-forced-a-shake-up
Over the past decade, Cypriot banks have paid over €500 million to the state through a special levy known as the ''double tax.''...
https://knews.kathimerini.com.cy/en/comment/opinion/inaction-and-inconsistent-pressure-threaten-our-future
The much-advertised mobility on the Cyprus problem, likely more for communication purposes than out of a genuine lack of awareness of the tragic reality, cannot, by itself, lead to a viable and mutually acceptable solution....
https://knews.kathimerini.com.cy/en/news/french-investment-powers-up-cyprus-greece-electricity-link-with-€1-9b-deal
A significant agreement has been reached for the long-anticipated Cyprus-Greece electricity cable project, led by ADMIE, Greece's power grid operator. This project, which aims to connect the power grids of Cyprus and Greece, has secured new funding and a strategic partner....
https://knews.kathimerini.com.cy/en/news/meta-slammed-with-€250-million-fine-for-facebook-data-breach
Meta, the parent company of Facebook, has been hit with a hefty fine of over €250 million (approximately £206 million) by the Irish Data Protection Commission (DPC) due to a significant data breach....
https://knews.kathimerini.com.cy/en/business/concerns-from-the-eib-regarding-the-electric-cable-project
Critical questions surrounding the electrical interconnection of Cyprus with the European electricity network through Greece have been raised in a letter from the Chamber of Engineers (ETEK) to the Ministry of Energy....
https://knews.kathimerini.com.cy/en/business/tariffs-reforms-and-rate-cuts-2025-s-economic-balancing-act
As we look ahead to 2025, experts at UBS are forecasting steady global economic growth, but not without a few bumps along the way....
https://knews.kathimerini.com.cy/en/news/elpis-is-a-lifeline-for-victims-of-domestic-violence
The “ELPIS” application, designed specifically for victims of domestic violence at high risk, will become operational in the coming days....
https://knews.kathimerini.com.cy/en/news/usa-mystery-drones-shut-down-airports-and-shake-us-security
A series of mysterious drone sightings in the United States has disrupted airport operations and triggered widespread concern, prompting calls for federal intervention. ...
https://knews.kathimerini.com.cy/en/business/hungarian-women-held-over-€58-5m-property-case
Two women, aged 61 and 53, are facing serious charges tied to the alleged illegal sale of Greek Cypriot properties worth €58.5 million in the occupied areas of Akanthos, Ayios Ambrosios, and Kalograia. ...
https://knews.kathimerini.com.cy/en/news/no-last-chances-—-the-uk-s-view-on-cyprus-nato-and-post-brexit-hurdles
In an interview with Kathimerini's Marina Economidou , British High Commissioner to Cyprus, Michael Tatham, doesn’t shy away from addressing some of the more pressing and controversial issues shaping relations between the UK and Cyprus....
https://knews.kathimerini.com.cy/en/business/parliament-rejects-akel-s-5-bank-tax-bill-after-tense-showdown
A dramatic session in parliament ended with the rejection of a contentious proposal by the opposition party AKEL, which aimed to impose an extraordinary 5% solidarity tax on bank interest income for 2024 and 2025. ...
https://knews.kathimerini.com.cy/en/business/cyprus-recalls-11-000-mazda-demio-cars-over-faulty-airbags
The Cyprus government is facing a growing issue involving hundreds of cars that need to be recalled due to faulty airbags. Specifically, about 11,000 Mazda Demio vehicles, imported as used cars from non-EU countries,...
https://knews.kathimerini.com.cy/en/news/syrian-refugees-in-cyprus-urge-government-to-facilitate-their-safe-return-to-syria
A group of Syrian refugees in Cyprus, known as ''Syrians in Cyprus,'' has submitted a letter to Deputy Minister of Immigration and International Protection, Nicolas Ioannidis,...
https://knews.kathimerini.com.cy/en/business/moody-s-nick-hill-on-financial-risks-and-opportunities-for-2025
In an insightful conversation with Kathimerini's Panayiotis Rougalas, Nick Hill discusses the key macroeconomic risks and opportunities facing the region in 2025....
https://knews.kathimerini.com.cy/en/business/december-newsletter-of-k-treppides-co-ltd-06-12-2024
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/business/geopolitical-pressures-threaten-2025-recovery
Speaking at the 20th Economist Conference in Nicosia, Nick Hill highlighted the macroeconomic and geopolitical challenges shaping the global financial environment....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-ceo-michalis-louis-on-merger-plans-and-cyprus-future
According to Kathimerini's Panayiotis Rougalas, Michalis Louis, in his first interview since becoming CEO of Hellenic Bank, discussed the challenges and opportunities ahead, especially in the context of the bank’s merger plans and its strategies for growth....
https://knews.kathimerini.com.cy/en/life/temu-s-tempting-deals-are-a-double-edged-sword-for-cypriot-shoppers
Temu, an emerging e-commerce platform, offers an extensive range of products, from gadgets and household goods to clothing and toys, at remarkably low prices....
https://knews.kathimerini.com.cy/en/news/city-engineers-investigate-balcony-collapse-in-neapolis
The Limassol Municipality has issued warnings to 400 buildings for necessary repairs, with 130 of them officially declared dangerous....
https://knews.kathimerini.com.cy/en/news/turkey-warns-cyprus-over-missile-system-cites-arms-race-risk
Turkey has strongly criticized Cyprus’s integration of the advanced Barak MX anti-aircraft missile system into its National Guard, calling the move a threat to regional stability. ...
https://knews.kathimerini.com.cy/en/business/ai-in-finance-embrace-the-future-or-be-left-behind
Technology is changing how we do everything, and finance is no different. ...
https://knews.kathimerini.com.cy/en/news/cyprus-activates-high-tech-air-defense-a-new-shield-in-the-skies
Nicosia has taken a major step toward strengthening its air defenses with the activation of the Israeli-built Barak MX system, often compared to Israel’s renowned Iron Dome. ...
https://knews.kathimerini.com.cy/en/news/spacex-lands-$843m-deal-to-kill-the-international-space-station
Elon Musk’s SpaceX has been awarded an $843 million contract to oversee one of NASA’s most ambitious tasks yet: the controlled deorbit and destruction of the International Space Station (ISS). ...
