https://knews.kathimerini.com.cy/en/business/aegean-tensions-and-cyprus-energy-ambitions
While Cyprus advances its energy ambitions, tensions between Greece and Turkey over the Aegean Sea persist....
https://knews.kathimerini.com.cy/en/news/paphos-polis-motorway-project-faces-€10-million-cost-increase-and-delays
The budget for the design and construction of the Paphos-Polis Chrysochous Motorway has risen by €10 million, with the total cost now estimated at approximately €95 million. ...
https://knews.kathimerini.com.cy/en/news/2024-a-year-of-change-and-controversy-in-cyprus
2024 was a year of upheaval and drama for Cyprus, marked by significant changes, political reshuffling, court decisions, and constitutional challenges. The events listed below highlight some of the most important moments that defined the year.
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https://knews.kathimerini.com.cy/en/business/2024-a-year-that-seriously-damaged-cyprus-s-investment-reputation
2024 will go down in history as a year that seriously damaged Cyprus’s investment reputation, with the collapse of several high-profile state projects....
https://knews.kathimerini.com.cy/en/business/cyprus-signs-major-deal-for-airport-upgrades-to-boost-passenger-traffic
Cyprus has officially signed an agreement to settle long-standing disputes over its international airports. ...
https://knews.kathimerini.com.cy/en/news/prometheus-sets-sail-a-new-energy-chapter-for-cyprus-begins
Cyprus has taken a big step toward its energy future with the launch of the floating natural gas plant Prometheus from Shanghai....
https://knews.kathimerini.com.cy/en/business/major-developments-expected-in-2025-for-vasilikos
The year 2025 is shaping up to be pivotal for the long-delayed PV terminal project in Vasilikos, following last year’s setback caused by the withdrawal of the Chinese consortium CMC. ...
https://knews.kathimerini.com.cy/en/business/exxonmobil-and-qatar-energy-to-drill-two-new-wells-in-cyprus-offshore-gas-fields
ExxonMobil, in partnership with Qatar Energy, is planning to drill two more wells in Cyprus' offshore Blocks 5 and 10 early next year. ...
https://knews.kathimerini.com.cy/en/business/cyprus-floating-lng-unit-prometheus-finally-sets-sail-from-shanghai
After months of delays linked to the Vasilikos scandal, Cyprus' Floating Storage and Regasification Unit (FSRU) 'Prometheus' is finally set to leave Shanghai in early December. ...
https://knews.kathimerini.com.cy/en/business/cyprus-faces-multi-million-euro-losses-as-major-development-projects-collapse
Cyprus is facing significant financial and logistical challenges following the abrupt termination of contracts for major infrastructure projects, with some cases likely to lead to costly legal battles....
https://knews.kathimerini.com.cy/en/news/eu-probes-€101-million-grant-in-vasilikos-project-and-cyprus-officials-role
The European Public Prosecutor's Office (EPPO) investigation into potential misconduct involving Cyprus's Vasilikos liquefied natural gas (LNG) terminal project, which received €101 million in EU funds, is advancing and is now in a critical phase, according to a report by APostolos Tomaras....
https://knews.kathimerini.com.cy/en/news/transport-ministry-inaugurates-new-motorway-that-will-ease-traffic
According to Kathimerini's Dorita Yiannakou, Cyprus marked a milestone in its transportation network Tuesday with the inauguration of the Nicosia peripheral motorway’s first phase, a project intended to ease congestion, enhance safety, and facilitate trade across the island....
https://knews.kathimerini.com.cy/en/news/red-alert-issued-for-barcelona-as-torrential-rains-raise-‘extreme-danger
Authorities in Barcelona issued a red alert warning of "extreme danger" as torrential rains continue to batter the area, with similar severe weather plaguing other regions of Spain, where search efforts are ongoing for missing persons....
https://knews.kathimerini.com.cy/en/news/euronet-remains-only-bidder-in-delayed-jcc-payment-systems-sale
The process for the sale of JCC Payment Systems, which began confidentially over the summer, appears to have hit a "snag," with Euronet as the only prospective buyer.
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https://knews.kathimerini.com.cy/en/news/akel-proposes-law-for-euthanasia
According to Kathimerini's Hector Georgiou, last Friday, October 18, 2024, AKEL Deputy Irini Charalambidou held a press conference to outline her proposal for a law titled ''On Medically Assisted Termination of Life.''...
https://knews.kathimerini.com.cy/en/news/cyprus-reaches-agreement-for-delivery-of-fsru
The Cypriot government and a Chinese consortium have come to an agreement for the delivery of the floating storage regasification unit (FSRU) ''Prometheus,'' which is expected to be finalized within 60 days....
https://knews.kathimerini.com.cy/en/news/vasilikos-terminal-in-limbo-as-negotiations-hang-by-a-thread
According to Apostolos Tomaras in today's Kathimerini, four months after the Chinese consortium pulled out of the construction of the Vasilikos terminal, efforts to fill the gap are still getting started....
https://knews.kathimerini.com.cy/en/news/over-100-us-troops-deployed-to-israel-as-war-in-gaza-escalates
The United States is deploying one of its most advanced missile defense systems, along with approximately 100 troops, to Israel, deepening its involvement in the escalating conflict in the Middle East ahead of an expected Israeli offensive on Iran, according to U.S. media reports.
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https://knews.kathimerini.com.cy/en/news/tampa-man-uses-straps-to-protect-home-from-hurricane-milton
Tampa resident Mohammed Nijem has been called "legendary" after local media shared an image of his unconventional approach to protecting his home ahead of Hurricane Milton.
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https://knews.kathimerini.com.cy/en/news/australians-evacuate-to-cyprus-as-conflict-in-lebanon-intensifies
Australia commenced a significant evacuation of its nationals from Lebanon on Saturday, utilizing Cyprus as a transit point due to intensified Israeli military actions against Hezbollah. ...
https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-new-party-launches-and-record-breaking-koupepi
While this column is mainly satirical and humorous, it has often been the first to reveal significant news, such as upcoming failures in the Larnaca marina and port projects and the Vasilikos terminal....
https://knews.kathimerini.com.cy/en/comment/opinion/will-the-great-sea-interconnector-become-another-failed-project
The Cyprus-Greece electrical interconnection, known as the Great Sea Interconnector, has highlighted the challenges of publicly discussing such a significant project....
https://knews.kathimerini.com.cy/en/comment/opinion/it-s-a-cypriot-shipwreck
When the gold passport scandal began to emerge in the autumn of 2019, it quickly became clear that the naturalization of individuals like Joe Law was only the tip of the iceberg....
https://knews.kathimerini.com.cy/en/news/cera-decision-delay-stalls-cyprus-crete-electrical-cable-project
The Regulatory Authority of Cyprus (CERA) has once again postponed its decision on the timing of cost recovery for the Cyprus-Crete electrical cable project, causing frustration among stakeholders....
https://knews.kathimerini.com.cy/en/news/emergency-meeting-to-address-progress-on-lng-and-gsi-projects
The Cyprus Parliamentary Energy Committee will hold an emergency meeting on Wednesday morning to review updates on two key projects......
https://knews.kathimerini.com.cy/en/news/tender-for-vassiliko-lng-terminal-project-manager-expected-today
Natural Gas Infrastructure Company (ETYFA) Board of Directors meets at 10 am local time on Tuesday to discuss issue of the liquefied natural gas (LNG) terminal in Vassiliko.
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https://knews.kathimerini.com.cy/en/news/eu-sets-new-rules-for-carry-on-bags-starting-september-1
Starting September 1, all air travelers in Europe should be prepared for significant changes in hand luggage regulations....
https://knews.kathimerini.com.cy/en/comment/opinion/why-we-failed-as-a-country
In July, the resilience of Cypriot society was tested once again as it faced yet another challenge, underscoring its entrapment in heavy fuel oil. This entrapment translates into an annual fine of €200 million due to emissions. ...
https://knews.kathimerini.com.cy/en/news/cyprus-and-china-lock-horns-over-vasilikos-issues
Apostolos Tomaras writes in this Sunday's Kathimerini that negotiations between Cyprus and the Chinese consortium over the "PROMETHEAS" ship, currently in Shanghai, have become a contentious issue as Cyprus seeks to gain control of the vessel. ...
https://knews.kathimerini.com.cy/en/business/eu-demands-cyprus-return-€101m-in-energy-project-funds
The Republic of Cyprus is preparing to respond to the European Commission by the first week of September regarding a demand to return €101 million in funding that was allocated for the Vasilikos energy terminal, Energy, Trade, and Industry Minister George Papanastasiou said Thursday....
