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1. Another ECB rate hike is on the horizon

Europe may be heading for another interest rate increase, and households could once again feel the impact....

2. Coral Cyprus and Shell Service Stations Support Natasa Lappa on Her Journey to Los Angeles 2028

Coral Cyprus (Shell Licensee), the company that operates the network of Shell-branded service stations in Cyprus, will support Cypriot windsurfer Natasa Lappa on her journey towards the Los Angeles 2028 Olympic Games....

3. New electric vehicle subsidy scheme expected in 2027

Although electromobility continues to gain popularity among both consumers and car importers in Cyprus, the Government does not plan to announce a new subsidy scheme before the end of the year....

4. EU hits Google with €890M fine; why Cyprus should pay attention

Brussels says tech giant unfairly promoted its own products and restricted cheaper alternatives, a move that could also affect Cyprus’ digital businesses and consumers....

5. New EU rules aim to stop people being fooled by machines

Have you ever wondered whether the message you received online was written by a person or a machine? Or whether that video of a politician, celebrity, or even someone you know was real or created by artificial intelligence?...

6. One month's salary just to keep the lights on?

Ensuring an adequate electricity supply during the summer is undoubtedly the top priority for consumers, who want to avoid a repeat of last year's rolling power cuts during periods of peak demand. ...

7. Cypriots keep shopping despite inflation fears and global uncertainty

Consumer spending in Cyprus remains strong despite market uncertainty caused by inflationary pressures and the war in the Middle East....

8. Consumer spending remains resilient despite the war

Consumer spending in Cyprus remains resilient despite market uncertainty fueled by inflation and the conflict in the Middle East. Cypriots took advantage of the clearances that started around the end of June, focusing their shopping primarily on clothing and footwear....

9. Water use remains above last year's levels

Water consumption across Cyprus continues to exceed the levels recorded during the same period in 2025, prompting renewed calls for residents to cut unnecessary use and make better use of available water-saving measures....

10. What Cyprus can learn from Lithuania’s energy independence journey

Energy resilience is not achieved through technology alone. It requires a long-term strategy that combines political will, institutional cooperation, investment and continuous risk assessment....

11. Baltic nations decouple from Russian grid to offer Cyprus an energy blueprint

Energy resilience requires more than just technological solutions. It demands a long-term strategy that brings together political will, institutional cooperation, investment, and ongoing risk assessment. ...

12. When you're paying three times more

Cyprus has a small, remote and open economy built around services. Those services rely on electricity every hour of every day to operate without interruption. It is no exaggeration to say that affordable power is the oxygen of a service economy....

13. On the path to becoming Europe’s leading snack brand

Alesto, the brand for nuts and dried fruits of Lidl, is undergoing a strategic evolution. At the heart of this transformation is the creation of a unique brand identity: Alesto is evolving from a classic product brand into a modern brand centered on enjoyment. With a sharper brand profile and new packaging, Alesto is being completely reimagined. The new concept puts the focus on quality, well-being, and conscious enjoyment, positioning the product range precisely at the intersection of conscious nutrition....

14. Coral Cyprus (Shell Licensee) strengthens the Shell service station network with a new strategic location in Aradippou

Coral Cyprus (Shell Licensee), which holds the licence to use the Shell trademark in Cyprus, has proceeded with the acquisition of a new service point in Aradippou, further strengthening the network of service stations bearing the Shell brand and its presence in the Larnaca district....

15. EU approves emergency fertilizer support for farmers

Farmers across the European Union are set to receive financial assistance after the European Parliament approved emergency measures aimed at easing the burden of soaring fertilizer costs before the next planting season....

16. Cyprus faces severe 2030 electricity shortage without Vassilikos gas terminal

Cyprus faces a severe electricity deficit by 2030 unless the delayed natural gas terminal at Vassilikos is completed, Energy Minister Michalis Damianos told MPs on Tuesday....

17. Cyprus records strongest retail sales growth in the EU

Cyprus recorded the strongest retail sales performance in the European Union in May, posting the fastest monthly and annual growth among member states, according to the latest figures released by Eurostat....

18. New Bean Bar opens in Alphamega Hypermarket Linopetra

19. Frustration mounts as high-definition TV upgrade cuts off local channels

A major upgrade to the national television broadcasting system has left thousands of households across Cyprus facing blank screens and locked out of major networks....

20. Licensing chaos in tourism, 55% of accommodations without a license

The issue of licensing Cyprus hotels, which is a long-standing problem, casts shadows over the legality and credibility of the Cypriot tourism product, as it poses risks related to the country's reputation and visitor safety, as the Audit Office points out in a report....

21. Lidl Cyprus introduces Lidl Pay

Leading the way in modern retail transformation, Lidl Cyprus announces the official launch of the new, innovative Lidl Pay service in the Cypriot market....

22. Vasilikos project delays leave Cyprus facing grid instability and potential blackouts by 2030

Lawmakers voiced heavy criticism over the state’s handling of the island’s energy strategy on Thursday, warning that severe electricity deficits could hit Cyprus by the end of the decade if alternatives to the stalled Vasilikos liquefied natural gas (LNG) terminal are not secured....

23. Lidl Better Living Days was successfully launched in Agios Dometios

The first stop of Lidl Cyprus' summer wellness roadtrip offered free activities on nutrition, exercise, cooking and wellness to the wider public, setting the tone for its continuation in Paphos....

24. Cyprus climbs the global competitiveness rankings

Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....

25. Turkey plans $100 million digital upgrade in occupied north

A Turkish-based telecommunications company has unveiled plans to invest more than $100 million in upgrading digital infrastructure in the occupied part of Cyprus, aiming to roll out fiber-optic networks and develop 5G services in the area....

26. When the numbers look good, but life doesn’t feel it

Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....

27. Fuel tax cut of 8.33 cents per litre extended until Sept. 17

Drivers in Cyprus will continue paying less for petrol and diesel after the government extended a fuel tax cut until Sept. 17, keeping a discount of 8.33 cents per liter, including VAT, at filling stations....

28. Apple raises prices on MacBooks and iPads (see prices)

Apple has raised prices across a range of its popular devices, in a move that could eventually be felt by consumers in Cyprus as well, especially those planning to upgrade their laptops or tablets....

29. Fuel tax relief extended giving drivers 2 more months of breathing room

Cyprus motorists will continue to benefit from lower fuel taxes for at least another two months, after Parliament unanimously approved an emergency bill extending the government's fuel tax relief measure....

30. Temu and Shein orders in Cyprus to cost more under new customs fees

Online shopping from popular platforms like Temu and Shein is set to get a bit more expensive for Cyprus consumers after the Customs Department clarified new rules affecting parcels coming from outside the European Union....