https://knews.kathimerini.com.cy/en/news/minister-highlights-importance-of-defence-readiness-in-zygi
At a time when geopolitical developments and security challenges are constantly changing, maintaining our defence capabilities at high levels is a top priority, Cyprus Defence Minister Vassilis Palmas said on Thursday, at an event for demonstrating the operational capabilities of the National Guard, which took place in the coastal area of Zygi, in the Larnaca district....
https://knews.kathimerini.com.cy/en/news/cyprus-signs-€50-million-contract-for-smart-meters
A €50 mln contract for Advanced Metering Infrastructure (ΑΜΙ) was signed on Wednesday between the Electricity Authority of Cyprus (EAC) and the Cyprus Telecommunications Authority (CYTA)....
https://knews.kathimerini.com.cy/en/business/porsche-doubles-the-size-of-the-model-range-for-the-all-electric-macan
First rear-wheel-drive Macan delivers high efficiency
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https://knews.kathimerini.com.cy/en/news/cyprus-secures-€30-million-eu-grant-for-enhanced-maritime-surveillance
Cyprus has secured an additional €30 million in funding from the European Commission to enhance its maritime surveillance capabilities. This funding follows the successful selection...
https://knews.kathimerini.com.cy/en/news/cyprus-military-upgrades-guard-post-near-buffer-zone
Authorities in the breakaway north of ethnically divided Cyprus said Monday they are upgrading a military guard post in a sensitive area near the U.N.-controlled buffer zone....
https://knews.kathimerini.com.cy/en/news/president-promises-better-sports-support-in-cyprus
Cyprus President Nikos Christodoulides acknowledged on Tuesday evening that the state has not done enough for the sports and culture sectors over the years, pledging that decisions will be taken to set up the infrastructure for Cypriot athletes....
https://knews.kathimerini.com.cy/en/news/cyprus-will-build-a-naval-base-in-mari-with-greek-support
The Minister of Defense, Vasilis Palmas, confirmed reports regarding the construction of a naval base in Mari, during an interview on SPOR FM 95’s ''Diaspora News.''...
https://knews.kathimerini.com.cy/en/news/polis-chrysochous-plans-industrial-zone-€141m-investment
The municipality of Polis Chrysochous is set to undergo a transformative development phase with planned projects totaling €141 million over the coming years, as announced by Mayor Yiotos Papachristofis.
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https://knews.kathimerini.com.cy/en/business/new-lidl-store-at-neon-mall-of-pafos
Lidl Cyprus opens its 21st store and extends its commitment towards high quality, affordable prices and an upgraded shopping experience....
https://knews.kathimerini.com.cy/en/news/cyprus-sets-course-for-cheaper-electricity-in-2025
Energy, Commerce, and Industry Minister George Papanastasiou unveiled Cyprus' ambitious plans for the Electricity Authority of Cyprus (EAC) during a press conference in Nicosia on Tuesday. ...
https://knews.kathimerini.com.cy/en/business/cyprus-banks-receive-upgrades-signal-economic-resilience
In a series of significant upgrades for Cypriot banks, Fitch Ratings has elevated the Bank of Cyprus and Hellenic Bank's credit ratings, underscoring a positive trajectory for the country's financial sector, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini....
https://knews.kathimerini.com.cy/en/news/cyprus-requests-€89-2m-in-eu-grants-for-recovery-plan
The European Commission received a payment request on Thursday from Cyprus for €89.2 million in grants, netting €76.9 million after pre-financing....
https://knews.kathimerini.com.cy/en/business/cyprus-airways-launches-direct-flights-to-barcelona
Cyprus Airways is excited to announce the launch of its new direct flights from Larnaca to Barcelona, commencing on the 3rd of July. This new route will operate twice weekly, on Wednesdays and Sundays, providing passengers with a convenient and comfortable travel option to one of Europe's most vibrant cities....
https://knews.kathimerini.com.cy/en/business/astrobank-wins-international-recognition-for-the-second-consecutive-year
AstroBank has been named Best Private Bank – Cyprus by the Global Private Banking Innovation Awards 2024 for the second consecutive year.
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https://knews.kathimerini.com.cy/en/news/fitch-elevates-hellenic-bank-s-credit-rating
Fitch Ratings has upgraded Hellenic Bank's Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+', with stable outlook and its Viability Rating (VR) to 'bbb-' from 'bb+'.
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https://knews.kathimerini.com.cy/en/news/cyprus-reconsiders-defense-strategy-amidst-global-conflicts
The shifting geopolitical landscape in Europe, marked by the ongoing conflicts in Ukraine and the Israel-Hamas war, is prompting EU member states, including Cyprus...
https://knews.kathimerini.com.cy/en/news/aegean-welcomes-its-passengers-to-its-new-business-lounge-at-larnaca-international-airport-located-next-to-the-departure-gates
As of today, AEGEAN's new Business Lounge at Larnaca International Airport “Glafcos Clerides " is opening its gates and welcoming its passengers into a primely located, high aesthetics and comfort space, designed to further enhance their travel experience....
https://knews.kathimerini.com.cy/en/news/government-extends-subsidies-to-ease-cost-of-living-crisis
The Cabinet approved a proposal on Wednesday by Finance Minister Makis Keravnos to extend measures aimed at compensating for the living costs of Cypriot households. Government Spokesperson Konstantinos Letymbiotis announced the decision following the Cabinet meeting....
https://knews.kathimerini.com.cy/en/news/cyprus-nears-visa-free-us-travel-in-final-stages
sident of the Republic Nikos Christodoulides said Wednesday that Cyprus is at the final stage regarding joining the Visa Waiver Program thus becoming eligible for visa-free entry into the USA....
https://knews.kathimerini.com.cy/en/news/standard-poor-s-upgrades-bank-of-cyprus-rating
Standard & Poor’s (S&P) has upgraded Bank of Cyprus’ long-term issuer rating to BB+, just one notch below investment-grade status, and assigned a positive outlook. This comes shortly after the upgrade of Cyprus’ long-term rating to BBB+, also with a positive outlook....
https://knews.kathimerini.com.cy/en/news/government-extends-electricity-subsidies-amid-high-temperatures
Cyprus will extend electricity subsidies until the end of October to help citizens cope with the high summer temperatures, President Nicos Christodoulides announced after a Cabinet meeting on Tuesday....
https://knews.kathimerini.com.cy/en/news/cyprus-to-sell-1-billion-bond-after-improved-credit-ratings
The Republic of Cyprus is expediting its return to the financial markets, seeking to leverage recent credit rating upgrades by Fitch and Standard & Poor's......
https://knews.kathimerini.com.cy/en/news/cyprus-eyes-market-return-with-ten-year-bond
Cyprus is gearing up to re-enter the financial markets in the near future to capitalize on the recent positive momentum bolstering its economy....
https://knews.kathimerini.com.cy/en/news/heatwave-revives-debate-over-school-air-conditioning
The ongoing heatwave has reignited the debate over the installation of air conditioners in Cyprus schools....
https://knews.kathimerini.com.cy/en/business/cyprus-faces-market-uncertainties-as-exit-plans-delayed-again
According to report by Panayiotis Rougalas in today's Oikonomiki, Cyprus faces a challenging time as it navigates plans to exit the financial markets. ...
https://knews.kathimerini.com.cy/en/news/andreas-vyras-celebrates-re-election-as-mayor-of-larnaca
Andreas Vyras, the mayoral candidate for Larnaca, expressed gratitude and a renewed commitment to hard work and collaboration following his apparent re-election....
https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-bbb
Fitch Ratings has upgraded Cyprus' Long-Term Foreign Currency Issuer Default Rating from 'BBB' to 'BBB+' with a positive outlook....
https://knews.kathimerini.com.cy/en/news/minister-air-conditioners-coming-to-50-schools
The Ministry of Education, Sports, and Culture will install air conditioners in 50 schools in the coming days, with a three-year plan in place to equip all schools where installation is feasible, Minister Athina Michaelidou announced Thursday....
https://knews.kathimerini.com.cy/en/news/cyprus-under-orange-heat-warning-highs-of-43°c-expected
The Weather Service upgraded its heat warning from yellow to orange on Tuesday, signaling a significant rise in temperatures over the coming days....
https://knews.kathimerini.com.cy/en/news/nicosia-general-hospital-s-trauma-center-treats-over-500-since-launch
President of the Republic of Cyprus Nikos Christodoulides inaugurated Monday the Trauma Center at the Nicosia General Hospital saying that the state......
