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12° Nicosia,
27 July, 2025
 

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Displaying results 1-30 of 416 matches for query spending.

1. Cyprus court strikes down law mandating countdown timers at traffic lights

https://knews.kathimerini.com.cy/en/news/cyprus-court-strikes-down-law-mandating-countdown-timers-at-traffic-lights

The Supreme Constitutional Court ruled Monday that a 2025 law requiring the installation of countdown timers at traffic lights equipped with photo-enforcement cameras is unconstitutional, citing a violation of fiscal policy provisions and executive authority....

2. Cyprus entices the modern traveler with authentic, year-round experiences

https://knews.kathimerini.com.cy/en/business/cyprus-entices-the-modern-traveler-with-authentic-year-round-experiences

Cyprus is aiming to attract a new generation of travelers, demanding, conscious, and experience-driven, through its National Tourism Strategy, according to officials....

3. Cyprus taps U.S. and EU defense funds to strengthen military

https://knews.kathimerini.com.cy/en/news/cyprus-taps-u-s-and-eu-defense-funds-to-strengthen-military

Cyprus is taking steps to strengthen its military capabilities with help from both the European Union and the United States, government officials announced on Wednesday, marking another sign of deepening strategic ties between Nicosia and Washington....

4. Rotterdam Port prepares for NATO shipments as Europe anticipates potential conflict with Russia

https://knews.kathimerini.com.cy/en/news/rotterdam-port-prepares-for-nato-shipments-as-europe-anticipates-potential-conflict-with-russia

As NATO braces for the possibility of a large-scale war with Russia within the next five years, Europe’s largest port is transforming itself into a strategic military logistics hub....

5. EU gives Cyprus a nod on fighting corruption, but says it's not enough

https://knews.kathimerini.com.cy/en/news/eu-gives-cyprus-a-nod-on-fighting-corruption-but-says-it-s-not-enough

Cyprus is making headway in the fight against corruption, according to the European Commission’s 2025 Rule of Law Report released Monday, but Brussels says more work is needed to strengthen accountability and speed up key reforms....

6. Rotterdam Port prepares to host NATO forces in case of conflict with Russia

https://knews.kathimerini.com.cy/en/news/rotterdam-port-prepares-to-host-nato-forces-in-case-of-conflict-with-russia

Europe’s largest port is quietly preparing for a future that may include war....

7. Cyprus considers electricity bill surcharge to fund €25 million energy project payment

https://knews.kathimerini.com.cy/en/business/cyprus-considers-electricity-bill-surcharge-to-fund-€25-million-energy-project-payment

Cyprus is preparing to impose a temporary surcharge on electricity bills to fund a €25 million payment requested by Greece’s Independent Power Transmission Operator (ADMIE) for the Cyprus-Greece electricity interconnection project, energy officials told Parliament on Tuesday....

8. Tourism revenue soars, but Cyprus still serves up too much ''junk'' on the plate

https://knews.kathimerini.com.cy/en/comment/opinion/tourism-revenue-soars-but-cyprus-still-serves-up-too-much-junk-on-the-plate

According to the latest Traveller Survey, Cyprus brought in €304.2 million in tourism revenue this April, marking a 39.9% increase compared to April 2024, when revenue stood at €217.4 million....

9. Millions in Cyprus pollution fees diverted from green goals, critics say

https://knews.kathimerini.com.cy/en/news/millions-in-cyprus-pollution-fees-diverted-from-green-goals-critics-say

Cyprus has collected hundreds of millions of euros in pollution fees over recent years, costs passed on to electricity consumers, yet much of that revenue is not being directed toward climate or clean energy projects as mandated by the European Union, raising concerns among environmental experts....

10. Cyprus government posts €551M budget surplus in first five months of 2025

https://knews.kathimerini.com.cy/en/news/cyprus-government-posts-€551m-budget-surplus-in-first-five-months-of-2025

Cyprus continues to keep its public finances in check, reporting a general government surplus of €551.2 million for the first five months of 2025, slightly higher than the €542.6 million recorded during the same period last year. ...

11. Tourism holds steady in Cyprus despite Middle East tensions

https://knews.kathimerini.com.cy/en/news/tourism-holds-steady-in-cyprus-despite-middle-east-tensions

Despite the ongoing unrest in the Middle East, Cyprus’ tourism sector is proving both vulnerable and resilient, as a surge in advance bookings acts as a safety net for hoteliers and travel operators....

12. Trump raises eyebrows by sharing NATO chief's praise for Iran strikes

https://knews.kathimerini.com.cy/en/news/trump-raises-eyebrows-by-sharing-nato-chief-s-praise-for-iran-strikes

Former U.S. President Donald Trump ignited fresh controversy Tuesday by publicly posting what appeared to be private messages from NATO Secretary-General Mark Rutte, praising him for his military strikes on Iran and tough stance on defense spending....

13. Swiss Central Bank slashes interest rates to 0% to fight soaring Franc and deflation

https://knews.kathimerini.com.cy/en/business/swiss-central-bank-slashes-interest-rates-to-0-to-fight-soaring-franc-and-deflation

In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....

14. The Cruise Industry: A Catalyst for Economic Growth

https://knews.kathimerini.com.cy/en/business/the-cruise-industry-a-catalyst-for-economic-growth

The global cruise industry has emerged as a significant catalyst for tourism development, contributing substantially to local and national economies....

15. IMF and EU to Cyprus: Cool it on the pay rises, you're not made of money

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....

16. Say it isn’t so: The Trump–Elon bromance blows up online

https://knews.kathimerini.com.cy/en/news/say-it-isn-t-so-the-trump–elon-bromance-blows-up-online

Say it isn’t so--Donald Trump and Elon Musk, the political-tech power couple that once couldn’t stop praising each other, have officially entered the ugly-breakup phase. And they’re doing it the 2025 way: firing missiles on their own social media platforms....

17. Cyprus exits EU’s macroeconomic imbalance list as Brussels urges reforms in innovation, energy, and education

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....

18. House Speaker pushes back on claims over spending

https://knews.kathimerini.com.cy/en/news/house-speaker-pushes-back-on-claims-over-spending

In response to public scrutiny and a report by Kathimerini's Apostolos Tomaras about parliamentary expenses, House Speaker Annita Dimitriou has stepped in to defend how taxpayer money is being spent, ...

19. Let them eat cake!

https://knews.kathimerini.com.cy/en/comment/opinion/let-them-eat-cake

We all remember the former Auditor General’s infamous visit to the presidential bedroom and the rumors about curtains and a €100,000 renovation....

20. EY announces the appointment of 4 new partners in Cyprus

https://knews.kathimerini.com.cy/en/news/ey-announces-the-appointment-of-4-new-partners-in-cyprus

EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of four new partners:...

21. payabl. launches Virtual Business Cards to empower smarter business spending

https://knews.kathimerini.com.cy/en/news/payabl-launches-virtual-business-cards-to-empower-smarter-business-spending

Leading European financial technology provider, payabl. has launched its Virtual Business Cards service, a digital payment solution designed to give businesses greater control, security, and visibility over their spending....

22. Posh perks and pricey trips: Inside Parliament’s 2023 spending spree

https://knews.kathimerini.com.cy/en/news/posh-perks-and-pricey-trips-inside-parliament-s-2023-spending-spree

The Auditor General of the Republic has issued a series of significant recommendations in his report concerning the operations of the House of Representatives for the year 2023....

23. Shock bills, football fixes & a U-turn on Makarios Ave: Cyprus' week of curveballs

https://knews.kathimerini.com.cy/en/news/shock-bills-football-fixes-a-u-turn-on-makarios-ave-cyprus-week-of-curveballs

From electricity bills getting a surprise bump to football clubs sliding past tax rules (again) and a Nicosia street project taking a literal U-turn, this week was full of plot twists. ...

24. Trump’s trade war drives tourists away from U.S.

https://knews.kathimerini.com.cy/en/news/trump-s-trade-war-drives-tourists-away-from-u-s

Tourists from nations hardest hit by President Donald Trump's trade tariffs are increasingly avoiding trips to the United States, according to new data from hotel search site Trivago....

25. Cypriots rush to borrow as rates drop, but are banks repeating old mistakes?

https://knews.kathimerini.com.cy/en/comment/opinion/cypriots-rush-to-borrow-as-rates-drop-but-are-banks-repeating-old-mistakes

As interest rates continue their downward trend, and with further cuts expected, borrowers are feeling more confident. This isn’t hearsay from bank insiders or coffee shop chatter; ...

26. EAC Chairman admits project costs overstated, downplays need for tariff hike

https://knews.kathimerini.com.cy/en/news/eac-chairman-admits-project-costs-overstated-downplays-need-for-tariff-hike

The Board of Directors of the Electricity Authority of Cyprus (EAC) is set to review potential electricity tariff adjustments this week, but EAC Chairman Giorgos Petrou said he does not expect a rate increase will be necessary....

27. Bestselling Cypriot-Australian poet launches her short story collection THE MOTHER MUST DIE in Cyprus

https://knews.kathimerini.com.cy/en/life/bestselling-cypriot-australian-poet-launches-her-short-story-collection-the-mother-must-die-in-cyprus

Award-winning poet Koraly Dimitriadis is touring Europe and spending much of her time in Cyprus to perform her poetry from her books Love and Fck Poems (also in Greek), Just Give Me The Pills, and She's Not Normal, as well as new poetry never before performed....

28. First Pandora and New Balance stores open in Cyprus

https://knews.kathimerini.com.cy/en/business/first-pandora-and-new-balance-stores-open-in-cyprus

Cyprus shoppers have something new to be excited about, the country’s first-ever Pandora Jewellery and New Balance stores are opening at Nicosia Mall. ...

29. New law could let parties spend over €1 million in 2026 elections

https://knews.kathimerini.com.cy/en/news/new-law-could-let-parties-spend-over-€1-million-in-2026-elections

Proposed changes to Cyprus’ electoral law, including a significant increase in campaign spending limits for parliamentary candidates, are nearing final approval ahead of the 2026 elections....

30. Transport Ministry to relaunch electric car grants after public backlash

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....

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