https://knews.kathimerini.com.cy/en/news/despite-ahk-chief-s-assurances-technocrats-push-for-higher-power-rate-hike
Even though the chairman of the Electricity Authority of Cyprus (AHK), Giorgos Petrou, recently stated that the AHK would be requesting only a modest 3% electricity price hike, the utility’s technocrats are still pushing for an increase of up to 7.5% before VAT....
https://knews.kathimerini.com.cy/en/news/eu-approves-rules-allowing-airlines-to-charge-for-cabin-baggage
EU transport ministers on Thursday approved updated air passenger rights rules that include allowing airlines to charge for carry-on cabin baggage, despite opposition from Germany, Spain, Portugal, and Slovenia....
https://knews.kathimerini.com.cy/en/comment/opinion/will-they-at-least-stabilize
In May 2025, the Consumer Price Index rose by 0.26 points, reaching 117.57 compared to 117.31 in April. Inflation for the month fell by 0.2%, a rare event not seen in years, not since the Covid-19 crisis....
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....
https://knews.kathimerini.com.cy/en/news/cyprus-slips-into-deflation-for-the-first-time-since-2021
Cyprus recorded deflation in May 2025 for the first time in more than four years, with the annual inflation rate turning negative at -0.2%, according to data released on Thursday by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/life/nutella-unveils-first-new-flavor-in-60-years-but-there-s-a-catch
For the first time in its 60-year history, Nutella is mixing things up, literally. The beloved chocolate-hazelnut spread is getting a new twist: Peanut Nutella....
https://knews.kathimerini.com.cy/en/business/good-news-for-borrowers-as-ecb-to-cut-interest-rates
The European Central Bank (ECB) is widely expected to cut its key interest rates by 0.25% this Thursday, a move that could bring welcome relief for borrowers and banks in Cyprus. ...
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....
https://knews.kathimerini.com.cy/en/news/despite-presidential-pleas-cyprus-electricity-bills-set-to-rise-again
Despite the president’s intervention, the Cyprus Electricity Authority (ΑΗΚ) has gotten its way once again, and consumers are set to face higher electricity bills....
https://knews.kathimerini.com.cy/en/news/phedon-phedonos-sounds-the-alarm-drugs-in-schools-fake-degrees-on-the-rise
In a fiery new round of revelations, Paphos Mayor Phaidonas Faidonos has raised the alarm over what he says is rampant drug trafficking in Cyprus’ schools and an emerging academic scandal he calls the new ''Golden Degrees.''...
https://knews.kathimerini.com.cy/en/business/byd-officially-debuts-in-cyprus-at-glamorous-old-gsp-square-event
In the fully renovated and iconic Old GSP Square, BYD made its official debut in the Cypriot market during a glamorous event hosted by Alpan Group, a member of the Sfakianakis Group and the official distributor of BYD vehicles in Cyprus....
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....
https://knews.kathimerini.com.cy/en/news/eac-admits-fire-risk-in-thousands-of-homes
Thousands of homes in Cyprus may be at risk of fire, electric shock, or damage to appliances due to faulty circuit breakers, and for the first time, the Electricity Authority of Cyprus (EAC) is acknowledging the problem....
https://knews.kathimerini.com.cy/en/news/cyprus-caught-in-drug-cartel-crossfire-says-paphos-mayor
Paphos Mayor Phedonas Phedonos has made explosive claims that Cyprus is now part of an international money laundering network used by Latin American drug cartels....
https://knews.kathimerini.com.cy/en/news/protein-cookies-recalled-in-cyprus-over-undeclared-allergen
The Ministry of Health has announced a recall of certain protein cookies after undeclared gluten was found in the product, posing a potential risk to individuals with gluten intolerance, allergies or celiac disease....
https://knews.kathimerini.com.cy/en/news/meat-and-coffee-prices-climb-as-eggs-and-oil-cool-off
If your grocery bill still feels heavy, you're not imagining it, especially if your basket includes meat or a bag of Cyprus coffee....
https://knews.kathimerini.com.cy/en/news/coca-cola-under-fire-as-calls-for-global-boycott-grows
Coca-Cola is facing mounting pressure around the world as consumers call for a boycott over the company’s continued use of single-use plastics....
https://knews.kathimerini.com.cy/en/news/eu-proposes-€2-fee-on-packages-from-china-based-retailers-like-shein-temu
The European Union is planning to introduce a flat fee on billions of small parcels entering its borders each year, most of them from China....
https://knews.kathimerini.com.cy/en/news/pwc-cyprus-sponsors-the-reflect-festival-2025-the-premier-tech-entrepreneurship-event-connecting-europe-africa-and-the-middle-east
PwC Cyprus once again took center stage at Reflect Festival 2025, held on 15-16 May in Limassol, reaffirming its commitment to fostering innovation and leadership in the business world....
https://knews.kathimerini.com.cy/en/business/new-bean-bar-opens-in-larnaca
Bean Bar is expanding its presence in the market, spreading its unique… vibes to more and more areas across Cyprus. ...
https://knews.kathimerini.com.cy/en/business/ramez-naam-solar-power-is-getting-cheaper-and-cyprus-is-sitting-on-a-goldmine
If there’s one thing Cyprus has plenty of, it’s sunshine. And according to clean energy expert and futurist Ramez Naam, that makes the island perfectly placed to thrive in the global shift to clean energy, as long as it invests in the right tech....
https://knews.kathimerini.com.cy/en/news/grigoris-kamberis-nikolas-argyrou-giorgos-louka-and-elias-kokkinos-to-speak-at-green-agenda-cyprus-summit
This year’s Sustainable Development Conference will focus on supporting and strengthening Cyprus’s national strategy for the Green Transition....
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....
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-contributes-to-the-financial-support-of-consumers-with-lidl-plus
The company is upgrading its consumer experience with its digital loyalty programme, through which users can save up to €1,700....
https://knews.kathimerini.com.cy/en/news/christianna-diogenous-georgios-kazantzis-and-joseph-antoniou-to-speak-at-the-green-agenda-cyprus-summit
This year’s Sustainable Development Conference is dedicated to supporting and strengthening Cyprus’ national strategy for a Green Transition....
https://knews.kathimerini.com.cy/en/news/eac-ramps-up-smart-meter-rollout
The Electricity Authority of Cyprus (EAC) is pressing ahead with the nationwide rollout of smart electricity meters this May, aiming to help households and other consumers monitor and reduce their power use....
https://knews.kathimerini.com.cy/en/business/end-of-an-era-era-department-stores-changing-hands-for-just-€1-but-there-s-more-to-the-story
In a surprising but strategic move, Ermes Department Stores Plc announced that it is selling off all four ERA department stores to Gencom Ltd., and the official sale price is just €1....
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. ...
https://knews.kathimerini.com.cy/en/news/smart-meter-swap-blamed-for-house-fire
A recent house fire in Cyprus has triggered alarm bells over how smart electricity meters are being installed, with industry experts warning of potential safety risks if the process is rushed or done without proper checks....
https://knews.kathimerini.com.cy/en/news/surprise-surprise-cyprus-near-the-top-again-in-eu-electricity-costs
Cyprus had the second highest electricity prices in the European Union relative to consumer purchasing power in the second half of 2024, according to new data from Eurostat, the EU’s statistical agency....
