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12° Nicosia,
14 July, 2025
 

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Displaying results 1-30 of 204 matches for query subsidies.

1. 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....

2. 11 hotel groups go private on water with €3M state-backed desalination plan

https://knews.kathimerini.com.cy/en/business/11-hotel-groups-go-private-on-water-with-€3m-state-backed-desalination-plan

Cyprus’ hotel industry is making a splash, literally. In response to mounting water concerns, 11 major hotel groups across Limassol, Larnaca, and Paphos have filed official applications to install small private desalination units on their premises....

3. New EV grants open, but you’ve only got until October

https://knews.kathimerini.com.cy/en/business/new-ev-grants-open-but-you-ve-only-got-until-october

Cyprus is rolling out a new €2.5 million electric vehicle subsidy scheme, but only 260 spots are up for grabs, and buyers will need to move fast....

4. Cyprus e-mobility grant scheme faces criticism as initial funding runs out

https://knews.kathimerini.com.cy/en/news/cyprus-e-mobility-grant-scheme-faces-criticism-as-initial-funding-runs-out

The recently launched e-mobility grant scheme in Cyprus has drawn criticism from the Association of Importers of Motor & Electric Vehicles (SEMHIO), which expressed serious concerns about the plan’s limited budget and structural shortcomings....

5. 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. ...

6. Am I becoming a fan of Elon Musk?

https://knews.kathimerini.com.cy/en/comment/opinion/am-i-becoming-a-fan-of-elon-musk

Thursday was a great night. The youngest of my three kids graduated from elementary school. In celebration, we ate the most tender souvlakia Nicosia has to offer, accompanied by a cool hilltop breeze....

7. 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....

8. Cyprus’s booming defense industry nets €40M as officials call for faster growth

https://knews.kathimerini.com.cy/en/news/cyprus-s-booming-defense-industry-nets-€40m-as-officials-call-for-faster-growth

Cyprus’s defense industry has grown tenfold in recent years, with approximately 30 companies now generating an estimated €40 million in revenue annually, officials revealed Tuesday during a session of the Parliamentary Committee on Energy, Commerce and Industry....

9. Cypriots ready to embrace home energy storage, but only with subsidies, survey finds

https://knews.kathimerini.com.cy/en/news/cypriots-ready-to-embrace-home-energy-storage-but-only-with-subsidies-survey-finds

A recent survey reveals strong Cypriot consumer support for expanding household photovoltaic (PV) systems with battery storage, but adoption hinges on government subsidies, according to research by Realpolls presented at the Green Agenda Cyprus Summit....

10. Major win for borrowers as court orders banks to stop using abusive loan terms

https://knews.kathimerini.com.cy/en/news/major-win-for-borrowers-as-court-orders-banks-to-stop-using-abusive-loan-terms

Thousands of borrowers across Cyprus could soon see fairer treatment from banks, thanks to a landmark court decision banning the use of abusive clauses in loan contracts....

11. Greece targets ferry duopoly as costs soar and competition sinks

https://knews.kathimerini.com.cy/en/news/greece-targets-ferry-duopoly-as-costs-soar-and-competition-sinks

Greece’s Competition Commission has launched a full investigation into the coastal passenger ferry industry following evidence of price-fixing and market distortion among dominant operators....

12. Hotels race for private desalination plants as summer approaches

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....

13. Why the U.S.-China trade war matters to Cyprus and Europe

https://knews.kathimerini.com.cy/en/business/why-the-u-s-china-trade-war-matters-to-cyprus-and-europe

As the United States sharpens its rhetoric against China’s trade practices, reviving a tariff-heavy policy rooted in the Trump years, global markets are once again bracing for impact. ...

14. Akamas for sale?

https://knews.kathimerini.com.cy/en/news/akamas-for-sale

Nearly two years after serious environmental violations were first reported in the Akamas peninsula, a protected and ecologically sensitive area, illegal activity continues, seemingly without consequences....

15. Subsidy for elderly care home accommodation increased more than 65%, from €785 to €1,300

https://knews.kathimerini.com.cy/en/news/subsidy-for-elderly-care-home-accommodation-increased-more-than-65-from-€785-to-€1-300

A government subsidy for elderly care home accommodation will increase from €785 to €1,300, according to Christos Diomidous, an official with the Welfare Benefits Management Service at the Deputy Ministry of Social Welfare....

16. Daleela Sets Sail Again: Cyprus-Greece Ferry Resumes for 2025

https://knews.kathimerini.com.cy/en/news/daleela-sets-sail-again-cyprus-greece-ferry-resumes-for-2025

The Cyprus-Greece passenger ferry is gearing up for another season, with the Daleela setting sail from Limassol on Saturday, May 31. The service, now in its fourth year, will run 22 round trips between Cyprus and Piraeus, continuing to offer travelers an alternative to air travel....

17. Nicosia Mayor sounds alarm over city's financial crisis

https://knews.kathimerini.com.cy/en/news/nicosia-mayor-sounds-alarm-over-city-s-financial-crisis

Nicosia’s mayor, Charalambos Prountzos, has raised the alarm over the capital’s financial situation, warning that without immediate state support, the municipality will struggle to meet its obligations. ...

18.  What’s behind the increase in waste and property taxes in Engomi?

https://knews.kathimerini.com.cy/en/news/what-s-behind-the-increase-in-waste-and-property-taxes-in-engomi

Nicosia’s Mayor, Charalambos Prountzos, explained the decision to increase waste and property taxes in Engomi....

19. Nearly 1 in 5 households in Cyprus unable to keep homes warm

https://knews.kathimerini.com.cy/en/news/nearly-1-in-5-households-in-cyprus-unable-to-keep-homes-warm

A recent European report has shed light on a concerning issue in Cyprus: nearly one in five households is struggling to keep their homes warm....

20. 26 state plots for new livestock units to boost sheep and goat farming

https://knews.kathimerini.com.cy/en/news/26-state-plots-for-new-livestock-units-to-boost-sheep-and-goat-farming

Cyprus is taking significant steps to strengthen its sheep and goat farming industry with the announcement of 26 state-owned plots available for the construction of new livestock units....

21. German tourist surge in occupied North

https://knews.kathimerini.com.cy/en/news/german-tourist-surge-in-occupied-north

A significant rise in German tourists visiting the occupied territories of Cyprus is expected in the coming months, according to statements by the so-called "minister of tourism" Fikri Ataoglu....

22. Net-billing to replace net-metering: What you need to know

https://knews.kathimerini.com.cy/en/business/net-billing-to-replace-net-metering-what-you-need-to-know

Cyprus is set to transition from the current net-metering system to net-billing for new residential solar energy systems, with the backing of the European Union....

23. Say cheese, not conflict: Ministry pushes for Halloumi consensus

https://knews.kathimerini.com.cy/en/news/say-cheese-not-conflict-ministry-pushes-for-halloumi-consensus

The Ministry of Agriculture has emphasized that issues surrounding PDO Halloumi can be resolved through dialogue and transparency....

24. Farmers urged to milk opportunities for Halloumi's future

https://knews.kathimerini.com.cy/en/news/farmers-urged-to-milk-opportunities-for-halloumi-s-future

Goat and sheep farmers must work strategically to overcome seasonal challenges and meet growing demands for PDO Halloumi....

25. Cypriots losing confidence in solar energy amid frequent shutdowns

https://knews.kathimerini.com.cy/en/news/cypriots-losing-confidence-in-solar-energy-amid-frequent-shutdowns

In recent years, Cyprus has been pushing hard to adopt renewable energy, particularly solar energy, by encouraging homeowners to install photovoltaic (PV) systems. ...

26. School registrations just got a whole lot easier in Cyprus

https://knews.kathimerini.com.cy/en/news/school-registrations-just-got-a-whole-lot-easier-in-cyprus

As a parent in Cyprus, I can tell you that dealing with school registrations has always felt like a necessary headache....

27. Ministry mulls subsidies for 'vulnerable' boat owners amid Marina fee dispute

https://knews.kathimerini.com.cy/en/news/ministry-mulls-subsidies-for-vulnerable-boat-owners-amid-marina-fee-dispute

The Ministry of Transport, Communications, and Works is considering subsidies for "vulnerable" boat owners, sparking a mix of curiosity and skepticism over who qualifies as "vulnerable" in this context....

28. New EU tariffs on Chinese EVs slow Cyprus’ shift to electric cars

https://knews.kathimerini.com.cy/en/news/new-eu-tariffs-on-chinese-evs-slow-cyprus-shift-to-electric-cars

The European Union's new tariffs on electric vehicles (EVs) imported from China, reaching as high as 35.3%, are expected to significantly impact Cyprus' already slow-moving EV market, according to a report by Kathimerini's Dorita Yiannakou....

29. ''The cost of the subsidies is borne by the state, not the citizens.''

https://knews.kathimerini.com.cy/en/comment/opinion/the-cost-of-the-subsidies-is-borne-by-the-state-not-the-citizens

''I am committed to lowering electricity prices,'' Minister of Energy Mr. Papanastasiou told us when he assumed office. Since then, we’ve watched in dismay as electricity prices have steadily risen, with various justifications that no longer convince anyone....

30. Tesla surges 12% on Trump’s election win, Musk’s $75M bet pays off

https://knews.kathimerini.com.cy/en/news/tesla-surges-12-on-trump-s-election-win-musk-s-$75m-bet-pays-off

Tesla shares surged 12% in early trading Wednesday following Donald Trump’s victory in the U.S. presidential election, as investors anticipated potential advantages for Tesla and its CEO Elon Musk, a major Trump backer....

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