https://knews.kathimerini.com.cy/en/comment/opinion/reducing-the-cost-of-living-through-digital-solutions
Life is becoming increasingly difficult for households today. The gap between those who are financially comfortable and those struggling to make ends meet on their wages has widened significantly. ...
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....
https://knews.kathimerini.com.cy/en/news/millions-in-cyprus-pollution-fees-diverted-from-green-goals-critics-say
Cyprus has collected hundreds of millions of euros in pollution fees over recent years, costs passed on to electricity consumers, yet much of that revenue is not being directed toward climate or clean energy projects as mandated by the European Union, raising concerns among environmental experts....
https://knews.kathimerini.com.cy/en/news/cyprus-pressured-to-pay-for-stalled-power-cable-project
Cyprus is under growing pressure from both Greece and Brussels to commit funds to the delayed Cyprus-Crete electricity cable project, despite serious concerns over its viability and geopolitical risks in the region....
https://knews.kathimerini.com.cy/en/business/eu-pressures-cyprus-over-stalled-power-cable-project
The European Commission is stepping up pressure on Cyprus to approve cost recovery measures for the stalled Great Sea Interconnector (GSI) electricity cable, amid mounting tensions between Nicosia and Athens over the ambitious but delayed project....
https://knews.kathimerini.com.cy/en/news/cyprus-opens-electricity-market-to-competition-on-october-1st
Cyprus is preparing to open its long-awaited competitive electricity market, with officials hopeful the move will finally bring down energy costs for households and businesses....
https://knews.kathimerini.com.cy/en/news/cyprus-e-kalathi-falls-flat-says-consumer-group
It was launched as a tool to help consumers navigate rising prices and shop smarter. But just one week in, Cyprus’ much-hyped e-kalathi platform is facing harsh criticism, and not just from shoppers....
https://knews.kathimerini.com.cy/en/business/cyprus-approves-electricity-grid-storage-projects-to-boost-energy-reliability
The Cyprus Energy Regulatory Authority (CERA) has approved the Cyprus Transmission System Operator’s (TSOC) request to develop and operate large-scale energy storage systems integrated into the national electricity grid....
https://knews.kathimerini.com.cy/en/business/swiss-central-bank-slashes-interest-rates-to-0-to-fight-soaring-franc-and-deflation
In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....
https://knews.kathimerini.com.cy/en/news/smart-meters-continue-to-roll-out-across-cyprus
The Cyprus Electricity Authority (EAC) is picking up the pace with its smart meter rollout, announcing that from Tuesday, installations will expand to more neighborhoods in all districts of the island....
https://knews.kathimerini.com.cy/en/business/e-kalathi-goes-live-as-cyprus-new-price-checking-app-aims-to-ease-the-grocery-bill
A new digital tool aimed at helping Cypriot consumers fight rising prices officially launched Thursday. The platform, called e-kalathi, allows shoppers to compare prices of everyday goods across major supermarkets in real time, potentially saving families money at a time when inflation is still biting....
https://knews.kathimerini.com.cy/en/business/eac-now-requests-3-hike-sparing-consumers-steeper-7-5-increase
Consumers in Cyprus may soon see a 3% rise in their electricity bills, after the Electricity Authority of Cyprus (EAC) announced Tuesday it will request a modest rate increase from the Cyprus Energy Regulatory Authority (CERA)....
https://knews.kathimerini.com.cy/en/news/from-the-mekong-to-the-med-how-cyprus-and-cambodia-are-crafting-a-new-global-alliance
In an exclusive with His Excellency Salah Essa, Honorary Consul of Cyprus to Cambodia, we uncover how two countries, thousands of kilometers apart, are finding common ground in trade, tourism, and cultural exchange. ...
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/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/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/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/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/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/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/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/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/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....
