https://knews.kathimerini.com.cy/en/news/wizz-air-unveils-bold-customer-first-overhaul-with-€14-billion-investment
Wizz Air, recognized as the most environmentally sustainable airline in EMEA, is taking customer experience to new heights with the launch of its Customer First transformation plan. The initiative, backed by a massive €14 billion investment over the next three years, aims to enhance every stage of the travel experience—from booking to landing....
https://knews.kathimerini.com.cy/en/news/aegean-spring-sale-up-to-40-off-flights-for-may-and-june
Looking for an affordable way to kick off your summer travel plans? AEGEAN is here to make it happen! The airline is offering an amazing discount of up to 40% on all fares for flights between May 5 and June 30, 2025, and all you need to do is book by Thursday, April 3....
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/reduced-vat-on-electricity-bills-begins-tomorrow
A reduction in VAT on electricity bills will take effect tomorrow, bringing relief to consumers, especially vulnerable households. The VAT on electricity will drop from 19% to 9%, meaning savings for many households across the island....
https://knews.kathimerini.com.cy/en/news/cypriot-official-accuses-government-of-hindering-solar-power-for-fossil-fuel-interests
In a heated exchange over Cyprus' energy policies, Kyriacos Hadjiyiannis, the president of the House Energy Committee, has stirred controversy by suggesting that the government’s stance on solar energy might be driven by a hidden agenda....
https://knews.kathimerini.com.cy/en/news/solar-power-minus-the-power-as-homeowners-left-in-the-dark
Citizens who installed photovoltaic (solar) systems in Cyprus are feeling left in the dark and frustrated as their green energy is continuously cut off, leaving them to rely on conventional electricity. ...
https://knews.kathimerini.com.cy/en/comment/opinion/too-much-sun-too-much-wind-too-little-strategy
If there's too much sun, we face energy problems because the solar panels collect more energy than we can store. If it's too cold, we face problems because the system can't handle the increased demand for heating....
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/woman-caught-with-€126-000-stashed-in-bathroom-safe-but-can-t-explain-why
Police are investigating the origins of €126,360 in cash found hidden in a bathroom safe at a Nicosia home, after the 33-year-old woman living there failed to provide a credible explanation for the money....
https://knews.kathimerini.com.cy/en/news/modernist-landmark-in-nicosia-faces-demolition
The demolition of yet another modernist landmark in Cyprus has reignited concerns over the preservation of the island’s architectural heritage. ...
https://knews.kathimerini.com.cy/en/business/cyprus-ended-2024-with-a-banking-boom-as-loans-and-deposits-surged
Cyprus closed out 2024 with a surge in banking activity, as both loans and deposits saw substantial increases, according to the latest data from the Central Bank of Cyprus (CBC). ...
https://knews.kathimerini.com.cy/en/business/1-uk-bank-closures-could-disrupt-british-expats-in-cyprus
Lloyds Banking Group is shutting 136 more branches across the UK, continuing a long trend of high street bank closures. ...
https://knews.kathimerini.com.cy/en/news/depositors-affected-by-2013-banking-crisis-to-be-compensated-in-may
Cypriots who lost their savings during the 2013 banking crisis will finally begin receiving compensation this May, according to Finance Minister Makis Keravnos. ...
https://knews.kathimerini.com.cy/en/business/investor-scammed-out-of-$58-000-in-cryptocurrency-fraud
The promise of easy profits through online investments lured a 50-year-old man into a sophisticated cryptocurrency scam, resulting in the loss of $58,000....
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/trump-pushes-to-end-daylight-saving-time
In a recent statement, newly elected U.S. President Donald Trump announced that the Republican Party "will make every effort" to end the practice of daylight saving time (DST), a twice-yearly clock change that shifts the country from winter to summer time....
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/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/france-s-government-falls-in-historic-no-confidence-vote
France is facing a deep political crisis after Prime Minister Michel Barnier’s government was ousted by a no-confidence vote, just three months into his term. This marks the shortest-lived administration in France’s Fifth Republic, which began in 1958....
https://knews.kathimerini.com.cy/en/news/vietnamese-tycoon-can-avoid-death-penalty-by-repaying-$9-billion
Truong My Lan, a 68-year-old property tycoon from Vietnam, has been sentenced to death for embezzling a staggering $27 billion in one of the country's largest fraud cases....
https://knews.kathimerini.com.cy/en/news/thanksgiving-travel-in-the-us-hits-record-highs
Thanksgiving is here, and so is the great American tradition of traveling to be with loved ones. ...
https://knews.kathimerini.com.cy/en/news/cyprus-reunification-off-the-table-says-former-u-s-ambassador-warns-europe-not-to-rely-on-u-s
A statesman, a diplomat, and a patriot, John Koenig is the epitome of dedication to service and diplomacy. With a career spanning over three decades, he has served in pivotal roles across the globe, from his time as U.S. Ambassador to Cyprus from 2012 to 2015 to his earlier postings in Belgium, Greece, Indonesia, Italy, and the Philippines.
...
https://knews.kathimerini.com.cy/en/business/laiki-bank-liquidator-raises-€90-8-million-for-depositor-compensation
According to a report by Panayiotis Rougalas in this Sunday's Kathimerini, the liquidator of the former Laiki Bank, Avgoustinos Papathomas, has achieved a key milestone in efforts to compensate creditors, particularly depositors who lost money during the bank’s 2013 collapse....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-reports-€401-million-profit-surge
In the latest financial report, Bank of Cyprus has reported a solid profit of €401 million for the first nine months of 2024—a 15% jump from last year’s €349 million. ...
https://knews.kathimerini.com.cy/en/business/boc-fintech-hackathon-5-0-fintech-ideas-that-can-change-the-world
The number of registrations exceeded all expectations since more than 200 people and more than 25 teams participated....
https://knews.kathimerini.com.cy/en/news/rising-rents-in-cyprus-causing-a-burden-for-middle-class-families
In an interesting article written by Kathimerini's Panayiotis Rougalas, the Cypriot government has launched programs aimed at addressing the country’s severe housing crisis, but high rent prices across Cyprus continue to stretch the budgets of most households, especially for middle and lower-middle-income families....
https://knews.kathimerini.com.cy/en/business/cyprus-faces-financial-imbalance-as-assets-fall-short-of-liabilities
As of December 2023, Cyprus' economy is navigating a complex financial landscape, with total assets in financial instruments reaching €869 billion. However, the country also faces a notable financial shortfall, with liabilities exceeding assets by about €29 billion....
https://knews.kathimerini.com.cy/en/news/clocks-fall-back-but-the-debate-over-daylight-saving-time-ticks-on
As clocks across Cyprus and much of Europe turned back an hour early Sunday, the annual ritual of falling back once again sparked the question: Is it time to let go of daylight saving time?...
https://knews.kathimerini.com.cy/en/news/cbc-top-savings-interest-rate-in-cyprus-hits-2-45
In August 2024, the Central Bank of Cyprus reported that the highest interest rate for term deposits of up to one year for households reached 2.45%. ...
https://knews.kathimerini.com.cy/en/news/frustrated-graduates-flee-abroad-as-job-markets-fail-them
Over the past two decades, an educational revolution swept through much of the developing world. ...
