https://knews.kathimerini.com.cy/en/comment/opinion/is-development-finance-the-key-to-fixing-london-s-housing-crisis
London’s housing crisis is certainly nothing new, but its consequences are becoming increasingly harder to ignore....
https://knews.kathimerini.com.cy/en/business/ancoria-bank-shifts-to-cypriot-hands-in-major-shake-up
Banking changes in Cyprus are rolling full steam ahead in 2025, with Ancoria Bank now seeing a major shift in its ownership. Entrepreneur and co-founder of XM, Kostas Kleanthous, has reached an agreement to buy more than 50% of Ancoria Bank, making him the new majority shareholder. ...
https://knews.kathimerini.com.cy/en/news/hotels-race-for-private-desalination-plants-as-summer-approaches
Large hotel groups across Cyprus are seriously looking into installing their own small desalination plants as a way to secure enough water during the island’s scorching, dry summers....
https://knews.kathimerini.com.cy/en/news/more-people-can-now-apply-for-affordable-housing-help
Good news if you’ve been struggling to qualify for affordable housing: the government just made it easier to apply....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-makes-its-move-in-the-age-of-ai
Ask any country today and chances are they’ll tell you they want to be a hub for technological development—especially in the fast-evolving world of artificial intelligence (AI)....
https://knews.kathimerini.com.cy/en/news/banquet-hall-in-nicosia-built-and-operating-without-permits
A building in Nicosia that now operates as a popular banquet and events hall was constructed and opened without the proper permits or approvals, according to a damning report by the Auditor General of the Republic. ...
https://knews.kathimerini.com.cy/en/news/imf-cyprus-public-sector-salaries-27-higher-than-private-sector
In a recent report released by the International Monetary Fund (IMF), the gap between salaries in the public and private sectors in Cyprus has been laid bare; public sector wages are 27% higher, with the discrepancy reaching 32% among those with higher education qualifications....
https://knews.kathimerini.com.cy/en/news/luxury-villas-in-occupied-north-selling-for-millions-but-not-for-the-locals
Ultra-luxury villas in the occupied areas of Cyprus are being snapped up for eye-watering prices, with some homes going for as much as £6 million (or over 300 million Turkish lira), particularly in sought-after locations like Kyrenia and Trikomo....
https://knews.kathimerini.com.cy/en/news/cyprus-lawmakers-say-no-more-slaps-on-the-wrist-for-animal-cruelty-cases
People who abuse animals in Cyprus could soon face much tougher consequences after Parliament passed a new law late Thursday aimed at cracking down on cruelty....
https://knews.kathimerini.com.cy/en/business/mortgage-rates-dip-in-cyprus-but-we-re-still-paying-more-than-the-rest-of-europe
Mortgage interest rates in Cyprus dipped slightly in February, offering some relief to prospective homeowners, but don't pop the champagne just yet. Despite the modest cuts, borrowing in Cyprus remains noticeably more expensive than in the rest of the Eurozone....
https://knews.kathimerini.com.cy/en/news/cyprus-woos-wall-street-bankers-back-presidential-pitch-in-the-u-s
Cypriot bankers have expressed their satisfaction with President Christodoulides' recent visit to the United States, where he promoted Cyprus as an attractive destination for investment. ...
https://knews.kathimerini.com.cy/en/news/scientists-bring-dire-wolf-back-to-life-after-12-000-years
For centuries, the dire wolf was relegated to the pages of fantasy novels and the ancient bones of North America....
https://knews.kathimerini.com.cy/en/news/public-works-denies-bus-shelter-scandal-as-auditor-general-probes-€61m-project
The Department of Public Works has firmly denied allegations of a scandal surrounding the ongoing €61.6 million national bus shelter upgrade project, following accusations raised by AKEL MP Kostas Kosta during a heated session of the Parliamentary Transport Committee....
https://knews.kathimerini.com.cy/en/news/grants-up-to-€35-000-for-renovating-empty-homes-–-with-a-catch
The Ministry of Interior has officially launched the ''Renovate-Rent'' Scheme, opening the door for property owners to receive grants of up to €35,000 to fix up vacant homes — as long as they rent them out affordably....
https://knews.kathimerini.com.cy/en/news/tiny-school-with-big-dreams-kambos-primary-breaks-barriers-in-rural-cyprus
Nestled in the remote mountain village of Kambos, the smallest school in Cyprus is proving that size doesn’t limit ambition....
https://knews.kathimerini.com.cy/en/business/4-residential-properties-for-sale-by-astrobank
AstroBank has listed for sale a penthouse in Strovolos, and apartment building in Paralimni as well as other exceptional residential real estate opportunities for investment and owner occupancy in Nicosia, Limassol, Paphos, and Famagusta....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-surges-ahead-amid-global-economic-headwinds
It’s hard to overstate the progress Cyprus has made in recent years. Once overshadowed by economic turmoil, the island has emerged as a standout in the Mediterranean, blending resilience with opportunity....
https://knews.kathimerini.com.cy/en/news/trump-moves-to-dismantle-the-department-of-education
President Donald Trump has signed an executive order to begin dismantling the U.S. Department of Education, fulfilling a long-standing campaign promise....
https://knews.kathimerini.com.cy/en/life/it-s-a-new-chapter-for-the-revamped-byzantine-museum-of-nicosia
The much-awaited renovation of the Byzantine Museum of the Archbishop Makarios III Foundation, which first opened its doors in 1982, is finally complete. ...
https://knews.kathimerini.com.cy/en/news/eu-mayors-show-solidarity-with-imamoğlu-as-protests-continue
On the second day of protests outside Istanbul’s city hall, mayors from several European Union cities have united in support of Ekrem İmamoğlu, the mayor of Istanbul who was arrested earlier this week. ...
https://knews.kathimerini.com.cy/en/business/2-residential-properties-for-sale-by-astrobank
AstroBank has listed for sale a penthouse in Strovolos, and apartment building in Paralimni as well as other exceptional residential real estate opportunities in Nicosia, Larnaca, Paphos, and Famagusta....
https://knews.kathimerini.com.cy/en/news/scientists-warn-about-the-health-risks-of-bottled-water-and-microplastics
Recent research has uncovered alarming health risks associated with drinking bottled water, primarily due to microplastics....
https://knews.kathimerini.com.cy/en/news/norwegian-ski-jumping-team-accused-of-manipulating-ski-suits-to-fly-farther
Is nothing sacred anymore? You’d think ski jumping would be immune to cheating—after all, how can you manipulate something as straightforward as launching off a ramp?...
https://knews.kathimerini.com.cy/en/news/cyprus-demands-flexibility-on-migrant-returns-challenging-eu-approach
In a forceful appeal at the EU Justice and Home Affairs Council in Brussels, Deputy Minister of Migration and International Protection Nikolas Ioannidis made it clear: Cyprus will not accept a one-size-fits-all approach to migrant returns....
https://knews.kathimerini.com.cy/en/news/world-s-largest-iceberg-grounds-near-south-georgia-island
The world’s largest iceberg, A23a, has reportedly run aground off the coast of South Georgia, a British Overseas Territory in the Southern Atlantic Ocean, after drifting through the Southern Ocean near Antarctica since 2020. ...
https://knews.kathimerini.com.cy/en/business/global-fintech-investment-falls-to-seven-year-low-of-$95-6-billion-in-2024-but-uptick-in-q4-24-is-a-sign-of-cautious-optimism-says-kpmg-s-pulse-of-fintech-h2-24
2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....
https://knews.kathimerini.com.cy/en/news/larnaca-airport-vendors-dodge-60-cent-water-price-cap
Travelers passing through Larnaca Airport might be surprised to find that while a government-mandated price cap sets the cost of a 500ml bottled water at just 60 cents, actually finding one at that price is a different story....
https://knews.kathimerini.com.cy/en/news/green-monday-a-breath-of-fresh-air-to-welcome-lent
Today, Cyprus is buzzing with life as families and friends head outdoors to celebrate Green Monday, or Kathará Deftéra – a beloved tradition that marks the start of Lent in the Orthodox calendar....
https://knews.kathimerini.com.cy/en/business/fintech-giants-eye-cyprus-small-banks-in-race-for-european-banking-licenses
Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...
https://knews.kathimerini.com.cy/en/news/unique-protected-species-in-europe-killed-at-the-mavrokolympos-dam
A month ago, the Ministry of Agriculture announced an environmental disaster: the drainage of the Mavrokolympos dam due to a technical failure that could not be repaired. ...
